COST OF LIVING

Hokitika Guardian, 24 June 1922, Page 4

COST OF LIVING

SVDNKV June V:2. The Sydney “Morning Herald” in a >peem] article dealing witli the cost of 1 iviti»r snys that while j'riws generally have fallen. with a tendon v m same instances to drop oven furl her. their in :>• feeling niiiiini; tlie people that pi some eases the drop is insufficient, especially in view of (ho declaration of a decreased basic wage. The paper poi nts out there are factors in price tixincp which are not always appreciated by tlie public, and quotes the heads of business bouses showing women’s fads ami other unrecognised causes rule some lines. One merchant declared there was a section of the public who demanded fiitpli priced extravagant articles that were not governed hv the law of supply and demand, but absolutely by the taste of the purchasers who very often would not, take hitch quality goods, at half price if offered them as they would fee] that (he goods wore not what they were represented to he. The “Herald” adds, speaking of the absolute necessities governed bv supply and demand, prices in (>verv instance have fallen very considerably.