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PROFITS ON GOODS

COMMERCIAL TRUSTS ACT AMENDMENT PROPOSED STATEMENT BY MINISTER [BY TELEGRAPH —OWN CORRESPONDENT] WELLINGTON, Wednesday " One of tho troubles of tho Chambers of Commerce is that their members are debarred from getting a reasonable price for their commodities, because of a fear of the Commercial Trusts Act," said the Minister of Industries and Commerce, Hon. R. Masters, in ad dressing Wellington Chamber of Commerce at its 71st annual meeting last night. " This question has given me cause for a good deal of thought during the last three years," the Minister continued. " I have a duty to the public and I believe I have evolved an amendment to the Act that will enable business people to mako reasonable profits on goods, and at the same time protect the public. I propose that the amendment shall go through this session. " I am hoping that tho concessions I am making will benefit the merchant, the retailor, the employee, tho public and tho Government," added the Minister.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19350228.2.104

Bibliographic details

New Zealand Herald, Volume LXXII, Issue 22046, 28 February 1935, Page 12

Word Count
165

PROFITS ON GOODS New Zealand Herald, Volume LXXII, Issue 22046, 28 February 1935, Page 12

PROFITS ON GOODS New Zealand Herald, Volume LXXII, Issue 22046, 28 February 1935, Page 12

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