EIFTY YEARS AGO.

New Zealand Herald, Volume LII, Issue 15947, 18 June 1915, Page 10

EIFTY YEARS AGO.

FALL IN PRICE OF BREAD. BRAN AND POTATOES WITH FLOUR. (From the 'HERALD of June 19. 1860.) Our readers will remember the breaking up of. the flour monopoly in this colony and in Australia, which took place nearly 12 months since, an event which was ill a great, measure accelerated by the publicity given to facts in the New Zealand Herald at that time. Since then till now the price of bread has continued to fall until it is now 25 per cent, lower than it was a year ago, and 50 per cent, lower than the price a contemporary journal lent its then powerful aid to bring it to. going even so far as to advise the public to mix bran and potatoes with their flour, lest there should bo no wheaten flour left at all at any price. The attempt, however, was vain. The inexorable laws of supply and demand won falsified the predictions and disappointed the hopes of those who "gambled with the working man's loaf," and the journal in question, by lending itself to Mich a purpose, forfeited public respect in a very large degree. Wo are glad to Ik- able ajiain to announce another fall in the price of bread, from 6Jd to 6d the two pound loaf. At a. meeting of the master bakers, held on the I6tl\ \ns(..i< was resolved that, the reduction in price, should recommence to-day.