!

‘

J Issue, April

B.C. LUMBER WORKER

Rising Wages

Essential Now

s held by high-ranking econo:

‘ists are now giy-

View: om!
ie Biter to the pues fet that avactied by the rade
t ti

m movement to t! fF
sential to the prosperity of
eed. b many

mat toh our papidly

without face
sane eal puUehasng,
has asing productive pow

doll:
lag in pee coiattfier incoi
‘The wage lag and its Eanes

consequences are greatly

so the
record in recent years

n so poor toward reducin,

nate
found in a publication of the

But for the period 1953- a
as a whole, total real wages a1
sala: expanded at an ai

BEE

“Wages and the Public Interest”,

A National Committee, function- inerease was only about 15 dol-
Pema oe aun weil eevern: a tt ee lars, h less of the in-
ment agencies in Washington, as 4 P
DDG. includes all shades of eco | 1957, th a et eye aH
nomic interest, and names that See.
are highly re; led their re- e -
aon ist iyereee in By fourth quarter 1967, a real| TBE accompanying charts de

study of wages within the| We and salary lag at an an-| ict these wage and salary de-
framework of the nual rate of more than 20 billion | Saioned ts,

fit

eno le yeconomy:

S with cons ider

are relatively the same in
ada,

Said the Committee in part
recently:

Are Wages Too High?

‘In the eyes of some people,
tae are aan “too high”.
tn es 0

ould cause

ships to the economy
whole.
Of course, the: p it

; yy never want to

apply this general proposition to

specific cases at any given ti
The specific facts

wages and salaries usually come

expansion of nearly the same

WAGES ARE. THE MAINSTAY

SUMER INCOME

OP OUT CON

Total Gonsumer Income

Percent
100

1954

{953

‘of Change in Total Wag

uP

Actus 5
wi953-1987
Annual Average

Needed Actual
1956-1957

Printers of,

ENE

1955 1956 1957
..and WAGE EXPANSION HAS LAGGED
FAR BeMAY FULL PROSPER

TY eo

jes and Salaries, in 1956 Dollar:

SEA
Needed Actual
2nd to 3rd Qtr 1957

Seosonally Adjusted Annuol Rat

3rd to sin at lesz

THE GROWING

1953-1957

Annual Average 1957

rd
1957 x
Sa]

Y seasonelly edjusted
ote Actual 198371956 ond ty

IS MAJOR FACTOR IN GROWING LAG
IN TOTAL CONSUMER INCOME

Billions of 1956 Dollars)

3rd Qtr. 1957.
At Anni

...and GROWING WAGE Las 1S ALSO
LARGE FACTOR IN GROWING LAG IN
TOTAL NATIONAL ECONOMIC ACTIVITY

(Billions of 1956 Dollars)

At Annual Rote
EROSION

LAG IN WAGES

4th Q11.1957
Rote’ At Annual Rate+

Lag in Wages
‘ond Solories

Lag in Orher
‘Consumer income

Log in Total
=~ Consumer Income

QH1957 , AInaiei9s?

u Rate

Lag in Wages
‘and Salaries,

_. Lag in Othe
” Economic ‘Activities

te in Totot
1 Economic
(GNP

Conference on Economie Progress

From Page 3

“Att

this bargaining agency have

n:-
it” inflexible attitude.

k my nei es to note

en who when a
public have presente selves
as publie-spirited ci iS en-
gaged in a great eff prom-
ote industrial peace. ually,
they want only that kind of peace
which might be made possible by

the complete peace of trade
union bargain eth.

Grane

Frominent leaders of the lum-

he B.C.
LUMBER WORKER

Ht

“LIMITED
PRINTERS AND
LITHOGRAPHERS

An Employee Owned Co.

944 Ri
-MUtual 1-6338 - 6339

—

THE BRAND

AE

YOUR ASSURANCE

Manufacturers of
For Men

339 WATER ST.

look for this label
hest fit best value

OF QUALITY

RO

E ee
|

Union-Made To The Highest Standards

Aero Garment Limited

Quality Garments
and Boys

VANCOUVER, B.C.

to raise the mn
their members. These . wa;
mi ha een described

Biren a atic ire might

many

as| Perso:
Now | in;

1g | ol
ine that eH
Applic:

ack"

of the benefits already
negotiated.

ugly words in the

official plig-

r
n and wonien Les labor

ee the indust:
if

a

nel manager, interview-

in a lot of

snatch away from the workers |

overtim

Ret District Credit Union, 209 A:

ae Broadway & Quebec aaa Vues i

jion, Roo!

Chem e pir

om 21, 774 Columbia Street,

Credit Union, Box 299, Chemainus

IWA Credi i
red by IWA Loc: ns > = C.
rt Alber
1-217 Savi
a (N.W.) Cres ira ia
New ‘Westininte
ocal 1-118, IWA (Vietor ia), 904 Gordon Street, Victoria
ie slave ict it Uni #
. a: r 7 rie B.C.
03 2, Cour
ice George & Distri venue, ae

Nanaimo fi Distt Credit uae veo Wallace St., ties

ourtenay Credit Union, Box 95:
Duncan & ie Credit B aloe Le <i, te