With Regret
p. 16 · Read in the full issue
Pim Rates Are Raised—
AS indicated in November, we are compelled, owing to big in creases and pending increases in our three main items of production cost—paper, wages and postages—to fix higher rates for Pacific Islands Monthly subscrip tions and advertisements, as from January 1. r ..
By reducing the page-size of the PIM we avoided taking this step during 1951, although costs had risen sharply. But the vicious spiral still goes on; all manufac turers are being compelled to raise their prices, or go out of business; and, with much reluctance, we can only follow suit.
The subscription for the PIM, after January 1, will be at the rate of 24/- Australian per annum, paid in advance, (single copies 2/-) for all readers in South Pacific Terri tories, except New Caledonia and French Oceania, where the rate will be 27/- per annum. This in cludes postage. Elsewhere, the new rate is 30/- per annum United States, and Canada, 31 Dollars.
The new rates for advertising are being sent to all persons interested.
The increase is in about the same ratio —not enough to absorb all the new costs, but enough to allow us to continue functioning.