ANTI-PROFITEERING BILL
(A. ana JS-Z Cable.) LONDON, Aug. 14 Sir Auckland • G-eddes 1, introducing .the. Profiteering 1 Bill, said- that a reduction of the . inflated prices .was jnece&sary economically in order to reduce imports and entourage: exports. It; was necessary socially as profiteering; was , Ilh'e ;&aua:ce<' of economic unrest. ; Mainy memibiei's opposed th«l Bill on 'the ground- that it did not reach, the profiteers, only the retailers, that it would unsettle trade and oause needless alarm. Mr. T!hotmas isiaid' that jtihe real causes of profiteerine? 9 was trusts and combines. ■ < . ; ■Mil. Brigman, Urader-Secretary o-f Trade, stated that the Bill represented only part -<Sf a wide plani 'to omnitrol iprices. The , latter would ii'riivolve: a prolonged ■ inquiry providedx that the Bill dealt with opera^ tioais of biig Business' interests and iproviiidedl miaohinery which. oouM' easily be e^lariged.
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Bibliographic details
Thames Star, Volume LII, Issue 13965, 15 August 1919, Page 3
Word Count
136ANTI-PROFITEERING BILL Thames Star, Volume LII, Issue 13965, 15 August 1919, Page 3
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