ONLY REMEDY FOR FOOD PROBLEM
LOWER PRICES AND BIGGER OUTPUT.
(ONITEB PRESS ASSOCIATION.—COPXRIGBT.) (AUSTRALIAN-NEW ZEALAND CABLE ASSOCIATION.) LONDON, 18th July. Mr. G. H. Roberts (Minister of Food), commenting on the food outlook, saysthe only remedy is a reductiorr-in prices and an increased home production. His advisers predicted that soon the sovereign would only be worth four dollars. [The .normal .pre-war value of the sovereign In the American exchange was, roughly, four dollars eighty-six cents. A dollar was about 4s l^d and a cent nearly a halfpenny. In -1915 the rate was four dollars seventy cents. If the pound drops to four dollars, it will mean that America must be paid 5s for what previously cost only 4s 2d.]
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Evening Post, Volume XCVIII, Issue 17, 21 July 1919, Page 7
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118ONLY REMEDY FOR FOOD PROBLEM Evening Post, Volume XCVIII, Issue 17, 21 July 1919, Page 7
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