PROFITEERING AT HOME.

Taihape Daily Times, 12 June 1919, Page 5

PROFITEERING AT HOME.

SC.=‘s;'\'D.»‘XLOUS STATE OF AFFAIRS

Mr. John Fuller, of Auckland, has just. received the following letrer from iris blfothcr in L011(l0n: "Food is gradually becoming a. little Cheaper, but olotiliiig, boots", ete., "are clearer than ever} You cannot. get a decent tweed suit under about six guineas, and boots the lowc-st about 35/. My wife wanted a new bucket, and they asked 7/6; pre—War price 1/11_ And you may say that all manufactured articles are in the same proportion. It is altogether on‘? of proportion to the extra cost of production. This has been proved in 510 end of cases. lt: is rank profiteering. Only The other day the will of Mr Coafes, the big cotton lllElll1lf3C‘».’l.ll'(‘I‘_. was proved at £4.‘300.000_ Three millions of this enormous sum was made in one year (luringz; the war. How? Before the war 9. 1(l0O-yard‘ reel of cotton cost 32d; mm" l/2‘,<’.' I d§li3 you is tll:\s ’r'a".ir and legitimate business? Can you really w<'mder'.at the universal unrest? This is not an isolated case. If you read the _l'epol"rs of annual meetings of differenteompaniesryou will find them ‘ pa'3’ing enormous dividends, some of which have not been able to declare a dividend for yelali-.3 previously, and remember this af»ter D‘ii_\'lllg the immense excess profit tax.’\’