A VICIOUS CIRCLE.

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 11930, 28 October 1919, Page 5

A VICIOUS CIRCLE.

United Press Association —By Elec trie Telegraph—Copyright. London, Oct, 28. A special conference of the Miners’ Federation discussed the high cost of living. Speakers pointed out that prices had risen from 130 to 138- per cent, over prewar rates since the Profiteering Act came into force, so it w 7 as evident that the Government’s scheme had failed. Mr Prank Hodges admitted that the workers were moving in a vicious circle, wages travelling after prices. The present excess profits tax was no solution, but excess profits should be diverted for the purpose of reducing prices. The conference passed a resolution urging the summoning of a special trade union congress to decide upon a policy respecting the cost of living.