Word: lowers
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Dates: during 1920-1929
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...larger districts. The Comptroller General ruled that $7,500 was the most that the law allowed. This reduced the chances of getting the type of men desired. Mr. Andrews conceived the idea that he might get some men of the dollar-a-year type at the lower salaries, but according to reports last week he had been unsuccessful at this. Another obstacle stood in the way of his plans...
...Bittner, representative of the United Mine Workers in West Virginia, wired Secretary of Commerce Hoover that soft-coal producing companies were attempting to break their wage contract (negotiated at Jacksonville, Fla., a year ago last spring). He said that attempts were being made to lower wages 50%, that armed gunmen were being employed to intimidate the miners, that hundreds of miners were being evicted from their homes by their employer landlords, that, if the Federal Government did not take a stand against the breaking of the wage contract by soft-coal miners, the Union miners of hard and soft coal...
...Times blamed both sides: "The remedy for the present state of the industry proposed by the owners is longer hours and lower wages and the miners will not hear of either. They have made no proposals of their own and their attitude is purely negative. They simply will not listen to the terms put forward by the owners who decline to offer any others. This means that both sides are marching steadily and deliberately to battle...
Miners of South Wales did their best toward solving the complex problem by suggesting that wages should be regulated, in the lower ranks of the coal industry, by the size of a man's family. An example: If a worl.er gets 5s per diem and has a wife, he would draw an additional shilling and 3d; 5d for the first child, 4d for the second, 3d for the third and 2d for the fourth...
...charted since 1890 the average yields on 60 high-grade bonds and the current rates prevailing for 90-day "time money" on security collateral, as well as the average price for industrial stocks. As a rule, he discovers that stock prices have risen during periods when time rates were lower than bond yields, and nave fallen when time rates were higher than yields...