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Sugar Industry, Trinidad (Cost Of Living)

Volume 498: debated on Wednesday 26 March 1952

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asked the Secretary of State for the Colonies what was the price paid per ton of sugar in 1949, as compared with the present price to the producers in Trinidad; and what increase has taken place in the cost of living in Trinidad during the same period.

The price per ton of cane paid to sugar-cane producers in Trinidad in 1949 was 7 dollars 71 cents. The present price is 7 dollars 99 cents.

During the period January, 1949, to December, 1951, the cost of living index in the Colony based on 1935 as 100, rose from 227 to 251. This index has now been replaced by an index of retail prices with January, 1952, as 100. It at present stands at 104.2.

Is the Minister satisfied that there is a proper relationship between the price of sugar, the cost of living and wages in this case?

It is asking a good deal to ask if I am satisfied. What I am satisfied about is that very careful studies are made of the question, and I think the result is broadly correct.