New Mexico Historical Review, Vol. 19 (Classic Reprint)
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Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from New Mexico Historical Review, Vol. 19 While propaganda appeals besought the consumer to lend support to food-saving, the food administration grudgingly gave compulsion a place in its proposals for wartime stabilization. Soon after he received authorization in the Lever Act, Herbert Hoover took steps to remove forcibly the speculative profits which already had begun to creep into sales of grain and flour. At first restricting his orders to millers of wheat and rye, he directed them to secure licenses from the food administration. All licensees then had to disclose in frequent reports their average margins of profit. In determining what was a reasonable profit, the standard usually taken was the average pre-war normal profit of the business under free competitive conditions. Before the end of September, 1917, sugar refiners were tied to the licensing regulations. And a proclamation of President Wilson, dated October 8, brought in a multitude of trading groups: elevators, warehouses, importers, millers, manufacturers, and distributors of all kinds of grain, beans, cottonseed, fresh fruit, vegetables, and many others. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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