THE COST OF CLOTHES
£2O FOR A SUIT PREDICTED. THE REASONS ALLEGED. DENIED BY SIR T. MACKENZIE. (Australian and N.Z. Cable Assn.) Received January 8, 5.5 p.m. LONDON, Jan. 6. Newspapers predict a possible increase in the cost of a suit of clothes to £2O, due mainly, it is alleged, to the bulk oi best quality wool being Government controlled in Australia and New Zealand, and to the scarcity of raw material. Sir Thomas Mackenzie, in a letter to the press, denies any control in New Zealand, and points out that the whole of the exportable surplus has been sold to the Home Government. There is no scarcity, and stocks on hand or arriving, amount to 2,270,000 bales, which, together with the new Australian and New Zealand clips, will make 3.500,000 bales. Therefore the increase in the price of clothes is neither due to increased cost of wool to the Home Government nor to scarcity. In New Zealand the farmers are holding meetings and adopting resolutions condemning the exorbitant prices charged for woqllm goods, in view of the prices they receive for raw material.
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Bibliographic details
Waikato Times, Volume 92, Issue 14259, 9 January 1920, Page 5
Word Count
184THE COST OF CLOTHES Waikato Times, Volume 92, Issue 14259, 9 January 1920, Page 5
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