WAR CONDITIONS
MORE MONEY: LESS GOODS.
The peril and the inequity of indiscriminate increases in spending power in wartime cannot be argued away, ; says the “Economist.” .The stock of civilian goods is restricted and shrinking. If any group or individual does gain in the competition to buy them, it muse be at someone else’s expense. The Government is nevertheless still not prepared to put a stop upon wages and salaries. This the financial stability, the economic efficiency and the social justice of the war economy will continue to depend upon the physical control of spending rather than on the restriction of spending power. The political obstacles to checking incomes make all the more urgen the need for complete rationing and control of distribution.
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Wairarapa Times-Age, 29 October 1941, Page 6
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123WAR CONDITIONS Wairarapa Times-Age, 29 October 1941, Page 6
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