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The Wool Industry There appears to be little prospect of

a settlement of the dispute between 447 firms in the wool textile industry and the 20 unions which are resisting the demand of the firms for wage reductions. The reductions demanded by employers were fixed by Lord Macmillan's Court of Inquiry, and the employers refuse to depart from them. The unions, however, have proposed reductions of about half of those fixed by the Court—about 5.8 per cent. for time-workers and 5.84 per cent. for piece-workers. Some of the men have already left work and more are expected to leave. -Thus there is every prospect of a serious struggle paralyzing the industry, at a time when it should be putting forward its utmost effort.

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