[Problems of Poverty by John A. Hobson]@TWC D-Link book
Problems of Poverty

CHAPTER I
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Other groceries, such as coffee and cocoa, and certain vegetables are cheaper.

A careful inquiry into clothing shows a trifling fall of price for articles of the same quality, while the introduction of cheaper qualities has enabled workers to effect some saving here.

Against these must be set a slight rise in price of dairy produce, a considerable rise in fuel, and a large rise in rent.

A recent estimate of the Board of Trade, having regard to food, rent, clothing, fuel, and lighting as chief ingredients of working-class expenditure, indicates that 100 shillings will in 1900 do the work for which 120 shillings were required in 1880.

The great fall of prices has been in the period 1880-1895, since then prices all round (except in clothing) show a considerable rise.
In turning from the working-classes as a whole to the poor, it becomes evident that the most substantial benefit they have received from falling prices is cheap bread.


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