FIXATION OF PRICES.

Hokitika Guardian, 14 March 1924, Page 1

FIXATION OF PRICES.

DISCrSSKD BY GROCERS’ (O.NFLR EM E. A l ( KLA N Ik Ma".h 1! l-ixatjon ol jUKe w.c . nnsul-.-i i d by *!,c GroceiC’-oiil’erelice. Mi Collins, secretary to tl.c Deparln.cut o! lndu-lry. addi'- : 1 ! tin* del"gnies .-'lid said that, while in tcrlain ■ie.es the Del arlmellt had fixed maxi-j-ri-es it iuvarial.lv lift the mljust mem of minimum |u wc- to i m"cmpetit mu. !hc public was definitely o;ii a -si (I ii. any intcrlk-i etice *.- it u I re’ cent] ctition. and it was the dm-nv "I ! Department to inlet ik-re. with undolittle as r-ossihle. ‘'On the nth"! I>:I Ii 1 1." lie .-aid. “it Is idumdatii ly evident l.luu tin* teudi-uc', towards priie ni 1 intonance and iv- 1 ru lnm <-1 ' nut* eI'tinii 1 1 \- various linos ami trad" associations is a grave factor in eominer- , ial life. f admit at once mat il busii, : s retail ions make e-< <-noniical 1 v advisable fixation of i„i,-es by any oiyui.i-cl 1- dy it iii. e-.sary that -ueb fixation -.b-uild be -ufijccl to Giiveiument sU]'crvi-i"n to •a(i guard the interests cl cou-:umci-. The conference di-ci-lcd to ur.ge upon !:■• Government i la- absolute necessity • i the inteiests of fair trading to :d!uw iiianufactnrers to fix prices witli t! lielit to 1-1-fosc to supply a dealer ui l-'.Ss -Hell [irici-.s were (decreed, the pub-l-c interest to be safeguarded by such prices being subim t f-i the ap| -oval el tlie Itcpai tment of Industries and Cnmnictve. The conference decided to iii<trui't the- executive In arrange for a conference witli the Industrial (kin ma I ion and wholesale distributors with a view to joint .action in gaining the end ittdfi a tod. The Conference has (-(included.