A specially convened meeting of licensed wholesale dealers in Limerick City took place at the Chamber of Commerce yesterday evening, chaired by Mr James Quin, J.P., of Messrs. John Quinn and Co. Among those present were notable figures such as Alderman O’Connell, Mr John Quin, Mr Egan, and Mr William Lloyd.
The primary agenda of the meeting revolved around the recent decision by the Chancellor of the Exchequer, Mr Lloyd George, to implement increased duty on wines and spirits. In response to this fiscal change, the assembled wholesalers unanimously agreed to adjust their pricing accordingly.
The decision reflects the pragmatic approach of Limerick’s business community in navigating economic challenges. While consumers may experience a slight increase in the cost of wines and spirits, wholesalers aim to mitigate any undue impact by implementing proportional adjustments.
Mr Quin, speaking on behalf of the wholesalers, emphasized the necessity of maintaining a sustainable business model in light of evolving tax policies. He expressed confidence in the resilience of Limerick’s commercial sector and reiterated the wholesalers’ commitment to providing quality products despite external pressures.
The price adjustments will be implemented promptly, with wholesalers ensuring transparency in their pricing structures. This proactive measure underscores the responsiveness of Limerick’s business leaders to external economic factors, ensuring the continued vibrancy of the city’s commercial landscape.
Freeman’s Journal – Saturday 01 May 1915