PRICES AND PROFITS.
REGULATION IN ENGLAND. (Bt CABLE—rRESS ASSOCIATION—COPTBICHT.) (AUSTRALIAN AND K.Z. CABLE ASSOCIATION.) LONDON, April 26. It is stated that tho Food Commission's report, a draft of which has been approved, definitely recommends the creation of a Food Council, charged with the duty of watching prices and investigating profits. The "Daily Express" says the chairman will be a highly paid permanent official, and the Council will be able by its infiuenco and publicity to check abuses and to prosecute when necessary.
.The Commission expresses alarm at the concentration of the meat import trade in the hands of a strong group, but no evidence was adduced that this power was used to the disadvantage of the public. On the contrary, group control often acted for the purchaser's benefit, but the very existence of such a power presented a possible menace. If the menace became active the Ministry might have to consider entering into direct competition, but such entry in the wheat trade was out of the question.
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Press, Volume LXI, Issue 18367, 28 April 1925, Page 9
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167PRICES AND PROFITS. Press, Volume LXI, Issue 18367, 28 April 1925, Page 9
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