In 1974 Minister of Trade and Industry Warren Freer attempted to restrict price rises by introducing a scheme which prescribed maximum prices for retail goods. It was not a success since it encouraged evasion and was highly bureaucratic. However the following year Freer proposed reviving the scheme, which the cartoonist Bromhead obviously regarded as a ‘dead horse’.
Courtesy of Peter Bromhead
Te whakamahi i tēnei tūemi
Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.