COST OF LIVING.
Sir, —As. ail old subscriber, may 1. ask you to give your readers "through the ""GuardLin," your ideas on the largo .amounts' of deposits in" the various bank**--and post offices in this Dominion, in the face of the universal "crv'\of the high cost of living. .:. H. C. /TOILER. [Wo think that the seeming contradiction is easily explained. , Most \af;' those, complaining of the high,cost ot living are unable to add to their- bank-\ ing accounts,' owing to this extra. \. cost; many of those who aro increasing their deposits are enabled to do so through the high prices they are obtaining; An analysis of the' Post Office Savings Bank accounts would not, we expect, prove that the small depositors are mainly responsible for. the increase in' the , total of ~deposits.—Editor "Guardian."]
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Bibliographic details
Ashburton Guardian, Volume XXXIX, Issue 9651, 7 July 1919, Page 4
Word Count
133COST OF LIVING. Ashburton Guardian, Volume XXXIX, Issue 9651, 7 July 1919, Page 4
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