ECONOMIC CENSUS.
UNEMPLOYMENT IN UNITED STATES, FALL IN RETAIL PRICES. (TROK OUR 0«« COBUS£O!tD£KT.) SAN FBANCISCO, February 5.. Tho nation-wide slump in the United States (shows no Sign of improvement, 'and through the medium o£ the present census of the worklfss, the Government will have 'a real opportunity of learning the extent of the unemployment in the country. Irrespective of the Federal census, the Metropolitan Insurance Company of New York hap been conducting investigations into the' | situation, and frtitn statistics published i a few days ago, it yv&n shown th&t in I thp large tfties t>t America," the perI cojitage of ragged' 17.6 I per dent. In San Frttnftißfio to 30.i1, jfe* cent., wholly Unemployed in the great raqto! manufacturing centre of in Michigan. Chicago showed ,urienlplbyea, Cleveland, 24,5 i New York, 8B.3; W 3?Kilad6lphi& 24.0, "#Ml e Los Angeles was : given as fll.B per e&at. 1 w i ' »*' The company's." Agfefciti Vco naaetefl. their catnpaign in 48 Wleetad arid handed their flaaitttfd td PresidMit Hoovfcr's Committee 6a Ujteihpldyiheht.' At tjitr nreaent stage it Is Uttpdtffelg to give the e£a«t qtttn&drof Mltf itt thp country,' but legislator# h&v« admitted that the* number IS bVht 6,088,000, - Senator Bobert F. tyagßeSr Shy* thfi AttoHeajt piopte a#e- 6el'sti&ds4« thfejr will mot tolarate la the fttt«*& the mb fufcton aid> owelty ot prwaflt matted# of turning out of dattfi mitilotu) of breadwinners lit search fa* jobs' tfifct (j&Mibt fee fottfid, and 4b fldfc aatflllljr, exist, fio sate Aiiiertca atuxt ad6pt $ system that will »sstt«i eatsh wprite* With Wages the y*&t *4W& He say» employment Will have .to bo "rdgularis6d." He Urges oov«|rjiMtmti, Federal, Bt&te afid Stunieipal, t& w«rks far in adtkhao, &M to bB to Bjeet periods ef biisiftei* depr&Midit. He believe! that tfc* pmtat system i of chailtlte and " dal*& 1 *a&tirti' de £ todraliUfctioft, arid !« only temporary ' .relief, < < Many other leaden stigmatiae- dole! as a4ath9ina> fieipiie the faafc that P&fare ■ actually & mcdiflad form *of ittsuratace against unemployment. One rgwiit bt the presani slulßp hiuia&M i& imerida hM fc&efo a lasting of ' prices ?of. many ottmaodities, Sugar,/ which ddripg thfi Srbjlcl Hold for «a high as fid pfeir is sow )retaiiitig ia Baii'JyaiiciKpo tot aa low 6 fomdt for Jiid. AH claaaef oI BteatsXsisU lor. le|»' -than' half thi priee they did a yea* jigtr.j Butter iji |he lifwert in price |at over twenty yeafSj wllihg in* Oalifdiala for .iK.-8«. a pohhd for - hifh-diaaß fltdftmery variety. lt toJartKo egg biisiiirtaHfelMi prices have reached the lowest knowft for mahy 1 u ,; ' Th§ t&ilMlnjr bstttblilhitleAti - ttH, faifly falling. ovarveabH <»th«r In td attract otfa«i»f,the l»Wsfct ityiflu' of suits, foif men at grea% jra< duoed eharge»i > I, s' A greftt deal of , th& salasmttflljiip tb dispose of retail is htt'sed Oil pyishology and taanamh compulsion, as the eWpke«»er And# it decidedly tt» *wnp« the pe'etivd trtwahadw ?to paft ■m- Wi motiey, ih th® face" bi .dopreSsiqto id trade ahd tB6 eVeripreseiht bf the average individual to hOld w hia savingsj daily "bvW&iMt hearer the vttUilihlng pointt ' ' " Effort's to drum up btysiftesii andilli« stil into "the xjiiadß of the dimdeilt publiu optimist U putlllAg endeavouring to stir Up some' change-i4 the torpor that ?«igfts supreme. has -been made tft the radio ; lag Btatlohii, and' bri|{ht BfMioB"-lia# installed, a turn where "Dr. Goodcheet' nightly tries .to enthiwe his hwerfl,. It is oil thd autombfeile field thai the pinch has been felt acutely, for the ca* canny public cannot be persuaded td loosed up with cfish to buy new m»tor«cars, despite thd -fact that the leading manufacturers havi«l madp , substantial puts -in the seitojj pricw m few new esirjj are seen on th 6 m^ei m yet, as the prem tq hpld taeir meagre savings until ' more worjt in obtainable. MaAy are wondering, wh6n ifti) period of deflation will be complete, and t'ae 80-ealled. buyers'. strike ftt an Financial writers are tuffaing columns of explanation for the - slump, but very few poem tc hit on .a 1 bejievable Solution of th«t perplexing problem. A feyr <»»«,&*& opinion (that Americans went madly into a time of inflation lasting ten years,' and' how they are suffering Ifotß head* afelie, Some state -that thd lass m foreign, tradfe Hfk dealt biow to flVerpradftctifin, itat Jiad been have gehabHi^^9|^^.'||W cu'tuuj ofll toiw of Ilto marEets for Y ,4? { :
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19310305.2.75
Bibliographic details
Ngā taipitopito pukapuka
Press, Volume LXVII, Issue 20178, 5 March 1931, Page 9
Word count
Tapeke kupu
713ECONOMIC CENSUS. Press, Volume LXVII, Issue 20178, 5 March 1931, Page 9
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.