The Archive · 1941

Domestic Products

To support his contention that there had been little or no change in the past week in the prices of domestic products he quoted the price of beef which was selling for $3.60 per pound for rib, soup meat from $2 to $2.20 per pound, lamb chop. $1.50 to $160 per pound; the rices being the same as a week ago.

K prices had seen a slight advance but he went on to quote in-numberable instances where there had been no change im prices e prices of c: and kerosene gone up, he said, but the advances had not been considerable, while butter had also gone up from E to 50 cents per pound, Margarine and soap had also advanced a litre in price but coffee prices remained the same while the price of imported sugar had been 'Increased from S oio 35 cents per pound especially in the Trench Concession' Netherlands sugar had advanced from seven to thirteen cents per pound.

Price Control only Solution Another authoritative source said he believed that many of the larger emporiums had à private understanding to increase the prices of everything at certain specified and stated periods and specially in times of stress. The flimsiest of pretexts was the tactic once resorted to by the establishments to raise prices, but te-day he declared they could with impunity raise prices at random on the simple expedient of stressing the difficulties of replacement or replacement cost, The explanation had been good enough for the Council, be there "was no reason why any particular member of the public should not ac-"fies e only solution to the high cost of, living question he declared was price control, not price investigation "which has been resorted to by the Counol Whatever the technical or legal difficulties were, he said, it was the business of the authorities to remove them.

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

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