TARIFFS AND PRICES
Sir,—Your leading article this morning indicates that at last you are becoming aware of the heavy cost of importing goods to this country and you suggest tinkering and tampering with the duties collectable. That certainly may be one way out, but the obvious way is immediately to wipe out the-exchange on London and go back to parity. The cost of landing goods at the moment is simply absurd. A farmer complains that an engine costing £l6 in England cost him £6O in New Zealand. To come down to a very small article, a pair of scissors costing 14Jd ''in England costs landed 3s IJd. Of course, the thing is crazy and has become quite impossible. A yard of cotton goods costing in London 2s costs landed 4s 2d. The recent advance to 20 per cen.t in sales tax is included in this latter cost. There is too much money in circulation in any case, and if it could be reduced at the top we might have some chance of curtailing inflation. — Yours, etc.. IMPORTER. January 27, 1943.
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Bibliographic details
Press, Volume LXXIX, Issue 23858, 29 January 1943, Page 6
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180TARIFFS AND PRICES Press, Volume LXXIX, Issue 23858, 29 January 1943, Page 6
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