THE COST OF LIVING.

Stratford Evening Post, Volume XXXIX, Issue 69, 13 July 1914, Page 4

THE COST OF LIVING.

"The population of the earth is 'ncreasing fairly fast now," said Mi Richard Teece, actuary of the A.M.P. Society, in the course" of an address in Sydney last, week, "and that accounts for the rise in the cost of living. Oh, I grant that it ought to decrease the cost, having more hands to grow the food and manufacture the products required, but they are not put to work. A man in a factory can make enough clothes and hoots, and other commodities for nine people, while the man on the land can grow enough primary products to feed many times that number. But, as things are, there is a pressure on the means of subsistence. Population is increasing faster than! primary products. Another factor is that as communities progress people demand better material conditions, better class of food, and more of it. In the days of Queen Elizabeth the nobles did not have so much material comforts as the working man and his family enjoy to-day."