Control Of Prices
Sir, —In reference to your report of a statement by Mr. Nash in regard to tlie matter of increased production, there are some facts needing publication. Anything more amazing than the Government s claim “the prevention of inflation of prices in reasonable relationship with the cost of production” is hard to imagine. How any authority can hope to do this without fixing both retail as well as wholesale prices passes belief. For example, they have fixed the price of maize at 5/7 wholesale, and nobody is willing to sell it under 7/-, and tlie price to tlie consumer is anything over 8/- that they can get. They have fixed the wholesale price of eggs at 1/9 and people in Wellington are paying anything from 2/6 upward. Till retail prices as well as the wholesale prices are fixed, the assured control of the marketing of any commodity is a farce. —I am, etc., STRAIGHT-OUT. Carterton, January 5.
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Dominion, Volume 33, Issue 87, 6 January 1940, Page 13
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159Control Of Prices Dominion, Volume 33, Issue 87, 6 January 1940, Page 13
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