PRICE CONTROL.
Prelude To Stricter Enforcement In Japan. COMPANY DIRECTOR'S ARREST. (Reed. 10 a.m.) TOKYO, Aug. 28. The police have arrested Yonetaro Takiyama, managing director of the Asano Cement Company, on the suspicion of illegal transactions in cement for which prices are officially pegged. It is alleged that he sold 600,000 bags of cement, valued at 1,000,000 yen, at a profit of 300,000 yen.
During the two years of economic control the police have handled a total of 480,000 cases, and 52,000 persons have been imprisoned or fined. The Asano case is the prelude to more strict enforcement.
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Bibliographic details
Auckland Star, Volume LXXI, Issue 205, 29 August 1940, Page 8
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98PRICE CONTROL. Auckland Star, Volume LXXI, Issue 205, 29 August 1940, Page 8
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