Britain's Deadly Peril: Are We Told the Truth?Le Queux, William
History
Britain's Deadly Peril: Are We Told the Truth?
Le Queux, William
Secret service -- Germany; Spies; World War, 1914-1918
And again, let us see how the poor are being exploited by the policy of
those in high authority. At the outbreak of war the market price of tea
was 7-1/2_d._ per lb. As soon as exportation was allowed, the price was
raised to the buyer at home to 9_d._ Then when exports were restricted,
it fell to 8-1/4_d._ But as soon as the restrictions on exports were
removed altogether, the price rose until, to-day, the very commonest
leaf-tea fetches 10_d._ a lb.--a price never equalled, save in the
memories of octogenarians.
Who is to blame for this fattening of our enemies at the expense of the
poor? Let the reader put this question seriously to himself.
Generally speaking, of course, prices of all articles are regulated
by the ordinary laws of supply and demand; if the supply falls or the
demand increases, prices go up. But there is another factor which
sometimes comes into play which is very much in evidence at the present
moment--the existence of "rings" of unscrupulous financiers who, with
ample resources in cash and organisation, see in every national crisis
a heaven-sent opportunity of increasing their gains at the expense of
the suffering millions of the poor. It is quite evident, to my mind,
that something of the kind is going on to-day, as it has gone on in
every great war in history. The magnates of Mark Lane and the bulls of
the Chicago wheat pit care nothing for the miseries of the unknown and
unheeded millions whose daily bread may be shortened by their financial
jugglings. They are out to make money. It may be true, as Mr. Asquith
said, that we cannot control the price of wheat in America. But, at
least, it cannot be said that the price of bread to-day is due to
shortage of supply. During the last six months of 1914, as compared
with the last six months of 1913, there was actually a rise of 112,250
tons in the quantities of wheat, flour, and other grain equivalent
imported into this country. Where, then, can be the shortage, and what
explanation is there of the prevailing high prices except the fact that
large quantities of food are being deliberately held off the market in
order that _the price may be artificially enhanced_? This is not the
work of the small men, but of the big firms who can buy largely enough,
probably in combination, to control and dominate the market.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account