St. Nazaire, Feb. 16. 'The now strike' in the Penhoot shipyard, the cradle of the giant liner Normandie, where technical and administrative "employees downed tools on Friday against a reduction in wages, has been settled.
Work will be resumed to-morrow as the result of a compromise whereby the lower-paid workers will accept a reduction in their wages of 244 per cent. which will rise to five per cent, in the case of the higher paid workers.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.