BARTER SYSTEM
THE MONEY SHORTAGE IN SYDNEY. SYDNEY, June 3. Sydney, with the prevailing shortage of money, and with the doors of the State -Savings Batik still closed, iA going back to the old system of barter; Exchange of goods, such as motorcars, and property, such as houses, farms, and businesses, is taking the form of currency in thousands: of cases. If a man has something that lie does not ivant, and someone else has something that is Avanted instead, then a SAvap folloAVs. Where properties are involved in these exchanges,, estate agents are not grumbling, for they receive commission on the stated value of both commodities exchanged. Recently, to gh 7 e only one example, a man Avith a big farm on the north coast exchanged it for shop property in one of the leading suburbs. Hundreds of people aaJio have tried to obtain good hard cash for properties or businesses or cars, have given up the idea ; they are now adopting the barter system. ,
SYDNEY, June 3
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Hokitika Guardian, 17 June 1931, Page 6
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169BARTER SYSTEM Hokitika Guardian, 17 June 1931, Page 6
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