FOOD PRICES IN WAR TIME
THE BOARD OF TRADE VIEW By Telegraph-Press Associalion-jCopyright (ltcc. June 25, 5.5 p.m.> London, June _E4 Mr. Lewis Bnrcourt (Acting-PresiMent of Hie Board of Trade), replytnpr to u trade union deputation regarding Ptnte control of food prices and tho con'rol of wages, said that tho vicious system of increasing wages, resulting in increased prices, and loading to demands Tor a further increaso In wages, must bo avoided. He could not allow tho exploitation of individual advantages in war tinie. T.horo had ixion a general advance in wages of 10 per cent, Imt tlio actual increase in earnings through regularity of work and overtime prohaUy worked out at nearer 40 per cent. According to the Board of Trade, food prices had increased 59 per cont.. )>iit the cost of living on tho wholo. Lad u*; l ,
increased more than i!\ per conh Tho consensus of expert opiniow was aealtirt fixing maximum prices, which could not increase the amount of commoditien available, but would merely tend to divert foreiffit snnnlies to other markets. Tf (lie Food Committee discovered that the public was l,ein(r exnloiled by m-icce iw' in? artificially inflated, the Board of Trade would immediately act.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19160626.2.26.7
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 9, Issue 2806, 26 June 1916, Page 5
Word count
Tapeke kupu
200FOOD PRICES IN WAR TIME Dominion, Volume 9, Issue 2806, 26 June 1916, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. 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.
Log in