Hire Purchase
Sir,—Wage-incomes being arbitrated on a man, wife and two children basis makes for high living standards for workers without dependants. Social security benefits (family. Sickness, etc.) do no more, however, than cushion the economic strain on lower income dependent children families. “By the Wayside's” latest suggestion of lower prices to follow restricted hire-purchase sales is against almost any pattern of private-profit merchandising where scarcity (due to lack of replacement orders) and high retail prices are usually linked. Most hire-purchase terms are cash price for payment within a specified time. My operative word, "judicial,” has this concession in mind. It is absurd to increase privatecar imports whilst curtailing the procuring of needed home appliances by the lowincome citizen.—Yours, etc. FRANCIS WM HEAL. April 28, 1961.
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https://paperspast.natlib.govt.nz/newspapers/CHP19610502.2.8.2
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Press, Volume C, Issue 29502, 2 May 1961, Page 3
Word count
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126Hire Purchase Press, Volume C, Issue 29502, 2 May 1961, Page 3
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