Page 5 Advertisements Column 3

Auckland Star, Volume L, Issue 191, 13 August 1919, Page 5

A Dunedin merchant a few days ago gave the "Otago Daily Times" his idea of the chief cause of tin- high cost of living. lie stated that the large amount of borrowed money, and the increased issue of paper money by the banks, had caused an abundance of what might be termed artificial money, and that as a result there was a tendency to pay more than its actual value for Land, for instance, with a general upward trend in the prices of produce. Another point put forward for the high cost of living was that no matter how high prices soared, the average housewife exercised no restraint iv purchasing in the face of the heavy prices asked. The merchant went ou to say that if the general purchaser would only refrain from buying at high values, nnd ask for an article of a more or less similar character at a lower cost the tendency must be to lower the price of most high-cost commodities. Special reductions—Seagrass square.?. 9 by 10* 42/0, now 37/6: 9 by 7i 31/8. now 27/6 each. Also big reduction in seagrass rugs and mats.—Tonson, Garlick Co., Ltd.—(Ad.) Ladies' hatters' plush ready-to-wear hats in black only; very smart shapes. Usually 49/(5 to 63/ each: now offering at 19/6 each. —John Court, Ltd.. Queen Street.—(Ad.) Tucker's Pancakes. The Children's .Toy Feast. Have your children had theire?— (Ad.)