PRICE OF PETROL
No Fixation Intended PROBLEM VERY INVOLVED By Telegraph—Press Association CHRISTCHURCH, Feb. 11. “Nothing will be done about fixing the price of petrol,” said the Minister of Industries and Commerce, the Hon. 11. Masters, to-day. The problem was surrounded by very great administrative difficulties, said Mr Masters, and the petrol-selling industry as at present established in New Zealand was uneconomic, as the country was over-supplied with petrol-stations and bowsers aud anything in the nature of fixing a minimum price would be fixing an uneconomic price for an uneconomic industry ami would be a cost to the general
public. There was also a suggestion that interference by the Government in fixing a minimum price for one commodity would lead to agitation for the fixation of prices of other commodities, which would perhaps deserve equal consideration.
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Bibliographic details
Hawke's Bay Tribune, Volume XXIV, Issue 52, 12 February 1934, Page 9
Word Count
136PRICE OF PETROL Hawke's Bay Tribune, Volume XXIV, Issue 52, 12 February 1934, Page 9
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