BAKERS AND THE CREDIT SYSTEM.

Gisborne Times, Volume XXVI, Issue 2081, 6 January 1908, Page 2

BAKERS AND THE CREDIT SYSTEM.

A local baker, speaking to a “Times’’ reporter, denied absolutely that anyone had received bread without tickets or money. If one would do it, of course the others would have to do the same. He objected to the statement boiim made, as the system -bad been only just started. If any credit was given, the carter was liable for the cash or tickets. He stated that the system was working very well. The majority of the people approved of the idea, although certainly some were sore about- it. Some people were sore at anything new. Regarding the price, it had been suggested that the price should be 3d cash, but lie said they only wished to make a fair margin ot profit, and if they could reduce the price they would do it. It was down now to tlie level of the centres. The bakers would certainly not leave a loophole for anyone to undersell them. By saying that bread should be reduced on recount of the cash system, the people really enforced the bakers’ argument by admitting that the cash system was the better for the consumer. Tt was an agreeable surprise to the bakers how the system worked. They preferred bread to be cheap, because there was then a greater consumption—braid at Id did not pay, and people would not buy the high-priced article, as it became almost a luxury. Tlie system did not entail delay—one cart came in only a quarter of an hour beyond the ordinary time with cash or tickets from everybody. The result was tli'it when the carter returned, his casli or tickets were' checked and a great deal of bookkeeping obviated. It would now be possible to raise or reduce the price by farthings instead of halfpennies as formerly, by is'-ii-ing tickets at 3s 3d a dozen for bread at 3' : d.