FOOD PROFITEERS
"INTENSE SPECULATION "IN AMERICA STATEMENT BY MB. HOOVER By Teleffraph—Press Association-Copyright f \ i Paris, September 3. Mr.' Herbert Hoover, . United States Jood Controller, states that the high cost of living is largely duo. to intenso speculation by food dealers in America >and elsewhere, and the "cornering" of foodstuffs in order to make large profits out of the anticipated demands from Germany, Austria, Hungary, and other European Powers. Largo stocks have accumulated in European ports, and are now in danger of spoiling owing to the inability of tlie potential purchasers to obtain credit.—Aus.-N.Z. Cable Assp. EUROPEAN MARKET FOB FOOD SURPLUS. Paris, September 2. Mr. Hoover states that it is imperative that the United Stitcs should extend the Europe credits of .£600,000,000. in order to provide a market for the American food surplus.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 12, Issue 291, 4 September 1919, Page 5
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135FOOD PROFITEERS Dominion, Volume 12, Issue 291, 4 September 1919, Page 5
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