THE COST OF LIVING
[To the Editor of the SPECTATOR.]
Sut,—Your correspondent, Mr. James H. Weager, may be right in stating that the foreigner does not pay the duty on raw materials, but where foodstuffs are concerned, certainly the duties payable have come out of his pocket. This is clearly illustrated by the following table.
In December 1980 when ou the gold standard, 21 gold would buy :
11 10 £1 0 0
To-day, when off the gold standard, the 11 paper (135. 6d. gold) buys the identical quantities and qualities of goods as enumerated above, plus 1 tin Italian Tomatoes and 1 tin Argentine Corned Beef, and in addition the Government receives 2s. 3d. in duties as against aid. prior to the introduc- tion of tariffs. Therefore, so far as groceries and Provisions are concerned, neither the value of the 21 nor the introduction of tariffs has adversely affected the cost of living.—! am, Sir,
d ad.
I lb. Free State Bacon .. 1 3 1 No. 10 tin French 5ar-
1 lb. Danish Butter .. 1 2 1 2
1 lb. Dutch Cheese .. 1 2 1 lb. tin Alaska Red 1 doz. Free State Eggs .. 2 9 Salmon .. 1 6
1 lb. Valencia Raisins .. 6 1 x 24. tin Californian
1 lb. Californian Sultanas 7 Peaches 1 3 1 lb. Greek Currants .. 6 1 lb. Italian Macaroni
I pkt. American Quaker Ilk Californian Prunes Oats 4 1 tin Paysandu Ox Tongues 3 I lb. Carolina Rice pt. French Olive Oil .. I lb. Chili= Beans 5
I lb. Dutch Cocoa 1 4
LIVINGS TONE HOLMES,
Liverpool. Vice-Consul for Finland and for Estonia.
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