FALL OF MARK

Hawera & Normanby Star, Volume XLII, Issue XLII, 22 June 1923, Page 5

FALL OF MARK

• —- — DEARNESS OF FOOD.

(BY TELEGRAPH -PBESB ASSOCIATION.) LONDON, June 21. The Berlin correspondent of the j Daily Express states unbelievable i chaos has resulted from the fall of the mark. Angry scenes occur in the markets, where housewives are vainly trying to buy sufficient food for their j families. A pound of meat costs half ; a da.y's earnings of a worker, a pound ;of margarine equals twelve hours ■ work, a pair of shoes two weeks' work, ; and a suit of clothes two years'. Protest meetings are being held every- i where. - The Daily Telegraph's correspondent j !in Dusseldorf says the falling mark caused a panic. Shopkeepers' prices ; ' disappeared as if by magic from the shop windows, the mark being so low ! that shopkeepers did not know what to charge for goods. Some in despair closed their establishments. Restauranteurs have no compunction about rais- ; ing prices. A portion of fresh salmon costs over a hundred thousands marks, ; and a modest meal with wine almost j the same figure. j