PROFITS OF DRAPERS.
HUNDRED PER CENT. MENTIONED. Tho profits of tho drapery trade was the subject of a bright little passage in the House last night. Mr. Isitt stated that Mr. Massey had said drapers made 100 per cent, profit on their goods. He did not know whether the Leader of the Opposition would adhere to that scatoMr. Hnrdy: I do, and I am a draper. (Laughter.) Mr. Isitt said tho member for Selwyn it nst bo tho exception that proved the rule. Most of the drapers of the country mado an avcrago net profit of six to twelve per cent, on their turnover. Tho moral was that big drapery firms wore not such fit subjects for taxation as big landowners.
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Bibliographic details
Dominion, Volume 4, Issue 1237, 20 September 1911, Page 4
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121PROFITS OF DRAPERS. Dominion, Volume 4, Issue 1237, 20 September 1911, Page 4
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