PROFITEERING
HOW IS IT TO BE DEFINED. “The difficulty in regard to profiteering is how to decide when a manufacturer or merchant is ensuring himself against a rapid fall in prices at a time when he is holding big stocks, or when he is taking advantage of an extraordinary condition of affairs which puts tho consumer in his path,” said Mr R.'W. Dalton, British Trade Commissioned in New Zealand yesterday. •'Personally I am disposed to think that in most trades the possibilities of competition between individual firms is such as to make profiteering, as Hie term is understood, inadvisable.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM19200322.2.26
Bibliographic details
New Zealand Times, Volume XLVI, Issue 10544, 22 March 1920, Page 4
Word Count
99PROFITEERING New Zealand Times, Volume XLVI, Issue 10544, 22 March 1920, Page 4
Using This Item
Stuff Ltd is the copyright owner for the New Zealand Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.