ABSTRACT

PROFIT -SHARING MINUTES, OCTOBER 1923 - JANUARY '1925

6.1 The Committee's Discussions: October 1923 - September 1924

was taken up which had first been raised 6 months earlier when management

price (Committee Minutes 26.3.23). As more information became available, however, the labour representatives began to consider the effect of such a

Mr. H.G. Jenkins replied that selling to the subsidiary companies at cut prices was at present necessary to secure any considerable volume of business; at the same time there is evidence that the subsidiary companies are beginning to trade more profitably. Mr. H.G. Jenkins reminded the Committee that the question of bringing their profits and losses into the pool had not been lost sight of and that a proposal would be submitted shortly."