LETTERS TO THE EDITOR

Press, Volume CII, Issue 30179, 10 July 1963, Page 8

LETTERS TO THE EDITOR

1.. Letters sent to the Editin' »«Pjr only end writers must *“«•«» in 2. Writers must sejr clearly whether or not their letten •re being, or have been sent, to other papers. 3. The Editor cannot return or keep any letter which, for any reason, is unsuitable for printing, nor can he ters, although this will be done where It seems to be needful, or enter into any correspondence. 4. Letters must not be of more than 150 words in length. In Fairness—Exceeds space limit of 150 words. D. C. McKie.—No space to reopen the discussion. Abandon The Colour.—You do not make yourself clear. An Admirer of “The Press.”— You are mistaken. The drawings have no religious significance. Expendable.—Your inference seems a little far-fetched, even for a wet week-end. In any case, the phrase at. tempted to define not the philosophy of the man but the public's estimate of him. Index—The consumers’ price index was revised in 1955. with the average for.each of the four quarters of 1955 as the base (loan. The index for the first quarter of 1943 was 1219. Indicating a rise of 21.9 per cent, since 19M. To calculate the Increases in the index from January 1. 1955. to the March quarter of 1963 it is first necessary to average the indices for the last quarter of 1954 and the first quarter of 1955 and to convert this average from the old (1949) base to the new (1955) base. From this calculation an increase of 23.4 per cent., or about 21 per cent, per annum, until the March, 1963. quarter, may be deduced.