PENURY, IN GERMANY.
ANGRY SCENES IN MARKET PRICES OUT OF WORKERS’ REACH. ' rUNBELIEVABLE CHAOS. Australian and N.Z. Cable Assn. LONDON, June 20. The Berlin correspondent of the Daily Express states that unbelievable chaos has resulted from the fall of the marlt. Angry scenes are witnessed in the .markets, where housewives are vainly trying to buy sufficient food for their families. A pound of meat costs half a day’s earnings of a worker, and a pound of margarine is equal to twelve hours’ work. A pair of shoes represents two peeks’ wages and a suit of clothes two years’ earnings. Protest meetings are taking place every where. The Daily Telegraphs correspondent at Dusseldorf states that the fall of the mark has caused a panic there. Shopkeepers’ prices disappeared as if by magic from shop windows. r i’he mark is so low that ship keepers do not know what to charge for goods. Some in despair have closed their establishments. Restauranteurs have no compunction in raising prices. A portion of fresh salmon costs over 100,000 marks, and for a modest meal with wine almost the same figure is demanded.
The mark to-day was quoted at 550,000 to the pound.
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Waikato Times, Volume 97, Issue 15271, 22 June 1923, Page 5
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197PENURY, IN GERMANY. Waikato Times, Volume 97, Issue 15271, 22 June 1923, Page 5
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