COSTS-PRICES GAP
Preaa Aesoclation.)
Farmers "Insist On Its Complete Closing" CONFERENCE RESOLUTION
(By Telegraph—
* WELLINGTON, This Day. Methods of elosing the gaps between farmers ' costs and prices were diseussed by the Farmers' Union conference this morning, resulting in the following composite motion from various remits being carried praitically unanimously: "That, while the Farmers' Union policy is still that the soundest method of closing the gap between farmers' priees and costs, is by a xeduction ^ oi' costs, we insist on its complete closing by a reduetion of costs or by an increase in prices. Such adjustment must (a) onable farmers to pay competitive rates for wages; (b) allow them reasonable interest on capital invested in their farms and stoek; (c) enable them to meet the increased costs imposed by legislation, ineiuding tariffs; (d) and all'ow them a remuneration commensurate with the service they render and with that obtained by other members of the community who render equal service. "That compensated prices are not to be brought about by inflation, meaning by infllation an increase in the general price level due to an increase in the amount of money put into circulation.'*
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Bibliographic details
Hawke's Bay Herald-Tribune, Issue 152, 15 July 1937, Page 5
Word Count
190COSTS-PRICES GAP Hawke's Bay Herald-Tribune, Issue 152, 15 July 1937, Page 5
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