SOFT GOODS TRADE.

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12018, 8 March 1920, Page 5

SOFT GOODS TRADE.

Per Press Association Auckland, March 6 The Dominion conference of representatives of the soft good;- trade passed a resolution that some sort of profit-sharing bet ween employers and employees in the trade is desirable; that the order recently jssued hy the British Board of Trade as a guide to tribunals dealing with profiteering was regarded as conceding what traders had all along affirmed was reasonable profit; that in deciding whether the price charged for any particular article-is reasonable regard must he paid to all the circumstances of the case, including not only the initial cost and the price of the article, but the current market price of similar articles; that if a retailer is compelled by force of circumstances to sell *at a loss goods which have fallen in value it is only reasonable that be should reap some advantage from a corresponding increase in price where capital has been locked up in goods in stock for some time and expenditure has been incurred in storage of goods. The conference also passed a resolution expressing strong aversion to deal in German goods, and requesting the Government to state its attitude regarding the resumption of trade with Austria and Germany, and if such goods are to be admitted that definite marks denoting the country of origin be decided upon, and that rigid steps be taken to prevent the admission of Germap or Austrian goods through other countries; also that a much heavier penalising import duty be % Imposed than that now enforced under the British preference clause.