The Archive · 1939

Danger of Inflation

"Now that we are at war" he writes, it is more than ever realized by industry that unreasonable increases of prices are against the motional interest. Such increases, he adds, are nó less damaging to industry itself, which is an immense consumer of industrial products and raw materials, It was realized that if undue price increases should occur, the nation would rightly demand that the Govminent should intervene to stop inflation and its attendant evils.

The Federation has sent to all its members a statement to the effect that it is of the utmost importance lat the prices of articles of common use should be kept as stable as possible and that duy increase of prices which is not directly related to increases of costs should be avoided.

Text read from the printed page and cleaned; old type leaves the occasional error.

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