RISING COST OF LIVING
Sir,—The Government and the taxpayer are perturbed over the rising cost of living, and no wonder. Suppose we imagine a community of 1000 workers, 500 of whom are engaged on directly productive work, and 500 on necessary auxiliary work, with all goods produced as efficiently as possible and distributed as cheaply and evenly as possible. We will then have a standard of living approaching 100 per cent, of what it should be. But suppose the number of shopkeepers, salesmen, distributors, agents, officials, office workers, etc., is multiplied tenfold, then the number engaged in directly productive work and useful auxiliary work may drop by half, and the resultant cost of living is twice what it should be. Such is the position to-day.—Yours, etc,, * FRANK S. PYNE. June 9, 1943.
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Press, Volume LXXIX, Issue 23970, 10 June 1943, Page 6
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132RISING COST OF LIVING Press, Volume LXXIX, Issue 23970, 10 June 1943, Page 6
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