10 JULY 1926, Page 1

The terms offered by tilt.. Yorkshire employers for the first

three months were good, but it was proposed that after three months there should be a return to the 1021 agree ment .representing. 20% above the standard wages instead of the 33% which was in force when the stoppage began. Moreover, the Yorkshire owners proposed a revision of the scale on which profits are divided. They suggested that the ratio should be 85 for wages and 15 for profits instead of the 87 for wages and 13 for profits which were agreed upon in 1924. It is only fair to say that no owners had given any definite pledge, but the Govern- ment evidently felt, however, that the owners were not helping them as had been expected to make peace in the industry. The Government never contemplated a com- bination of increased hours, reduced wages and a change in the division of the profits.