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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 19, 1924
Page
8
Roger W Babson argues wage cuts bolster real purchasing power and production. He cites textile mills shoe shops and steel mills cutting wages since 1923 while overall output and prices push workers toward lower costs and steadier employment.
Ambiguous notice states that several corporations plan wage cuts as a strategic move expected to benefit both stockholders and employees in the long run. The text presents the idea without specifics on amounts or dates.
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