THE COST OF LIVING
Sir,—Your leader of 'this morning correctly points out that the public, in discussing ccst of living, aro leaving out tho cliiof reason and remedy. Sinco money has become so much more plentiful in New Zealand and England, United States people buy more freely, and so force up tho demand, and hero,- although people complain of tho high cost, practically no one abstains from buying anything they dosire, no matter what the coat. So long aa tliis is bo supply has little chanco of catching up to demand. If people would abstain from buying luxuries and things not nocessury, the energies of all, including labour, would turn towards tho increased production of foods and necessaries, so reducing the price of them. The reduced output of labour, as you point out, and the increased demand for unneoessaries, together must and will put up tho cost of living. Already we have seen that a strong movement to abstain from extravagant dress has reduced prices.—l am, etc., OLD CLOTHES.
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Dominion, Volume 13, Issue 215, 9 June 1920, Page 7
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169THE COST OF LIVING Dominion, Volume 13, Issue 215, 9 June 1920, Page 7
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