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148 
"Both Sides Must Strive Together"
Page 50
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THERE is an urgent necessity for employers and employees to get together and to strive wholeheartedly for greater efficiency if we are to maintain our place in the world, and to enjoy the material things of life."
This is stated by Mr. G. E. Liardct, chairman of the Simms Motor and Electronics Corporation, Ltd., in his annual report.
Demand for Simms' products increased during 1959 at "an unprecedented rate," he says. Facilities were stretched to the utmost, particularly in the supply of diesel injection equipment.
Supply of electrical components had grown steadily although "not so spec Menially " as that of injection equipment. Export business continued to expand, and rose by 331 per cent, compared with 1958. The U.S.A. had become the corn-, pany's biggest direct export market.
Mr. Liardet speaks of an aspect of wages that should be more generally known. Frequently quoted basic rates bore little or no relationship to earnings, he points out.
The minimum basic rate for skilled engineering workers, used in support of pay claims, was £9 6s. 8d. a week. But, according to the Ministry of Labour Gazette, the average earnings in the engineering industry were 14 1s. 9d. a week.