POLITICS AND INDUSTRY DO NOT MIX
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I NTRUSION of politics into industry is undermining the country's efficiency. said Mr. Sydney S. Guy, chairman of Guy Motors, Ltd., in a report accompanying the annual balance sheet.
He was greatly concerned at the persistent references made in certain quarters to the " gulf " between management and workers when no such gulf existed. Often these statements were "made by people whose only knowledge appears to have been gained from reading some unfortunate part of jndustrial history of 50 to 100 years ago."
Politicians and others, having neither industrial knowledge nor management experience, tried to dictate in detail how industry should be run. Whilst they demanded. maximum production, they sowed the seeds of class dissension, which inevitably undermined efficiency.
Mr. Guy said that during the past year piece-workers and staff of Guy Motors, Ltd., drew £84,899 over and above their normal rates of pay. The Government would collect in taxes £50,216, shareholders would receive £22,262, and the company would retain for reinvestment in the business £22,637.
BRITISH AND U.S. ACHESON COMPANIES MERGE
r0 leading produce of colloidal grraphite producers are united by the merger
of Acheson Colloids, Ltd., of Great Britain, and the Acheson Colloids Corporation, of America. They now come under the control of Mr. Howard A. Acheson, son of the founder.
Acheson Colloids, Ltd., will continue to manufacture and serve the United Kingdom, Europe, the British Commonwealth and certain other territories, whilst Acheson Colloids Corporation will cover the United States, Canada, Latin American countries, the Orient, and wherever the States can effect better contact.
The British company will continue under the joint managership of Mr. E. G. Clarke and Mr, H. Higinbotham, the British directors.
HIGHER PAY FOR HAULAGE WORKERS
A MEETING of the Road Haulage rICentral Wages Board was scheduled to take place on Wednesday (December 17) to consider any objection to the new draft wages Order.
Under an agreement ratified by the National Joint Industrial Council, an increase of 4s. a week in the wages of bank staffs will become effective on the date on which the new wages Order (R.H. 24) comes into operation,
FIRST MECHANICAL HANDLING EXHIBITION NEXT YEAR
WITH the approval of the Govern VY and the support of six associations, a new exhibition, the First National Mechanical Handling Exhibition and Convention, is to be held at Olympia, London, from July 12-21.
The exhibition will show how mechanical handling can save labour and speed production, assembly, storage and transport in every type of industry. It is being organized by the jotimal, "Mechanical Handling."