THE COST OF LIVING.

Dominion, Volume 4, Issue 1176, 11 July 1911, Page 5

THE COST OF LIVING.

STILL RISING IN AMERICA. By Telegraph—Press Association-Copyright New York, July 9. The cost of living is still rising in the United States. The Bureau of Labour reports that the prices of 257 commodities iu 1910 showed a 1 per cent, increase on tho previous year, and were 1.6 per cent, higher than in 1907, when prices established a record. WHY. LIVING IS DEARER. A marked increase in the world's gold supply, and extravagance and waste, public and private, were the principal reasons given for. the high cost of living by a special State Commission in America, which- reported in the early part of last year. In the report of the investigation, tho commission gives tho increased gold supply as the primary cause, and classes as a contributory factor "the enormous waste of income in tho United States, through uneconomic expenditure for war and national armament, and through multiple forms of extravagance, both public and private." The commission also stales that tho advance of prices has been further promoted by a complexity of causes operating on the side of supply to reduce the volume and increase the expenses of production; and on the side of demand, to extend and diversify the consumption of commodities. One of the most interesting conclusions is that the tariff, trusts, and trade unions cannot be regarded- as direct or active causes of the recent I general advance of prices