Manawatu Herald. SATURDAY, JUNE 26, 1920. COST OF LIVING.

Manawatu Herald, Volume XLII, Issue 2144, 26 June 1920, Page 2

Manawatu Herald. SATURDAY, JUNE 26, 1920. COST OF LIVING.

'‘THE cost of living is undoubtedly high, but even so compares favourably with other parts of the globe, and I think it would be well to recognise that there is little chance of improvement until the curriculum of all mercantile transactions approaches normal,” said the Earl of Liverpool, GovernorGeneral, in a recent speech at Wellington. “Up to now the principal difficulty has been in resped to shipping, but this position is undoubtedly easier. The markets of the world, as never before, are clamouring for replenishment, and success will go to those countries which prove most industrious in this race for competition. We must not fail to take full advantage of our opportunities, otherwise it will lie very difficult to regain our position when once it is lost. We have found out that one of the greatest difficulties which had to be met during the war was the fact that we depended too much on foreign countries for our food supplies and essential everyday requisites. If we are to profit by our experience, we should make certain that steps are taken to make our Empire as self-contained as it is possible to be in respect to such commodities. It cannot be done without strenuous efforts on the part of the whole community, but the prize is worth any sacrifice, and the task not 100 difficult.”