Govt. Will Stop Price Profiteering
—MR SULLIVAN. t Per Press Association. Copyright. j CHRISTCHURCH, Saturday. A warning that profiteering on account of the import regulations would not be tolerated was given by the Minister of Industries and Commerce, the Hon. D. G. 'Sullivan, on Saturday. “My attention has Men drawn during the past few days to statements which have appeared in the papers regarding increases in prices,” said Mr Sullivan. “I refer particularly to a news item originating from Auckland concerning grocery lines allegedly affected by the import restrictions, and in respect of which advances in prices have been made by wholesale suppliers and by rfetail shops. - Increases Unjustified. “There is, in my opinion, no justification whatever, for an increase in price, and where such increases, have taken place, allegedly on the ground of a shortage resulting from import control, such increases amount to’ exploitation of the public.” “I wish to make it clear that the Government will not countenance such exploitation, and wherever it has taken place the Government will not hesitate to take immediate action, either under the Board of Trade Act or the Prevention of Profiteering Act.”
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https://paperspast.natlib.govt.nz/newspapers/NA19390123.2.90
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Northern Advocate, 23 January 1939, Page 8
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190Govt. Will Stop Price Profiteering Northern Advocate, 23 January 1939, Page 8
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