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A MILLION A WEEK

FOOD SUBSIDY COS* >

RISE OF 12 POINTS STOPPED

LONDON, February 8.

Speaking in the House of Commons, the Chancellor of the Exchequer, Sir John Simon, said that the Government was subsidising the cost'of living to the extent of £50,000,000 a year and had prevented a rise of 12 points in the food index. . # The subsidies included over £12,000,000 to Keep the price of millc from rising a penny a quart. The wheat and meat subsidies cost £480,000 and £320,000 respectively a week, and th«, bacon subsidy £80,000.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19400210.2.72

Bibliographic details

Evening Post, Volume CXXIX, Issue 35, 10 February 1940, Page 11

Word Count
91

A MILLION A WEEK Evening Post, Volume CXXIX, Issue 35, 10 February 1940, Page 11

A MILLION A WEEK Evening Post, Volume CXXIX, Issue 35, 10 February 1940, Page 11