MANUFACTURERS AWAKENED
OFFER TO HELP THE BANKERS.
(Received May 21, 11 a.m.)
NEW YORK, 20th May. American manufacturers, realising the .seriouEness of the "retail price slamming," are now expressing their willingness to co-operate with the bankers to reduce the cost of living frotq. 15 to 25 per cent. They anticipate that the pre-war standard will never return, and that the cost of living will remain at from a., half to three-quarters more than before the war.
The Xew York newspapers to-day are full of advertisements of reductions, varying from 20 to -75 per cent., or. clothing and other goods. ,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19200521.2.57
Bibliographic details
Evening Post, Volume XCIX, Issue 120, 21 May 1920, Page 7
Word Count
99MANUFACTURERS AWAKENED Evening Post, Volume XCIX, Issue 120, 21 May 1920, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in