Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

ALLEGED PROFITEERING

I ;.. — A—: ' • i RESERVED IN THE ;V .-•:.:. CHBISTCHUECH CASES.' ( ! # 'Br Teleirraoh-Prass Association f ■':W;U ■- >./. Christchurch, June 16. | :,• , • •Soaring of the charges of alleged ; ; profiteering against several local, hardi■■/ ■ ware merchants and Brown and Durcau, ' of:'. Wellington, was continued to-day. In ; t all the ; . charges against Brown and ;■-.-■ Bureau of counselling the committal of j '■■ i offences pleas of not guilty were en- : Metered. In addressing Hhe Court Mr. C. P. '. >!.Skerrelt, JC.C, submitted that the cases i. /' ' were so trumpery as to cast discredit on ;'( -those responsible for the prosecution, i \ ' and ho suggested that the. activity of Hie ■ ■y^-P rose cutio n in respect of a negligible i; class of goods was intended to cover up r.• ■ if disinclination to tr.ko ■ action in rei spect ■ -to • basio lines. He submitted' i , that no evidence had been adduced that j' the profit made by any of tho defend- !/•: ants was an unreasonable Tate of com- ] ,';-.-. mercial profit. | ij.:'. ,'Atr. M. Myers, made an exhaustive analysis of the evidence in respect of 1 what constituted a fair rate of conimer--i ... '2 cial profit, and submitted that it could i only be determined upon recognised com- ['.' mercial practices; The prosecution had I. not led. any evidence on the point. If r . fixation of prices was objected to, there ; .Iwfuraniple power to make regulations i, abolishing or controlling • the system. ;'..' Ho urged that the question of depreciar tion of the valuo of money had a dis- ! ''■ ..tinct bearing on the question of reasonj able commercial profit. ! Mt. ;W. C. Macgregor (for the Crown) j'« repudiated opposing counsel's sugges- , u y,v : tions that the .cases were trivial. The i result of these cases would largely de- ... ~;,,..termine whether tho Act would remain ; 1,-,(..*. dead letter or'whether trailers were ; to be allowed to make what profits they I ;..-.„liked .under the guise of what was callj f !y :.. od commercial profits. Ho contended ;' tiiat seption 32 waa intended to Tefer ! ,s"% an 7 individual transaction. The cases, I ■.'" he submitted, weTe typical cases of pro- ! y —• Steering, which must be stopped in orI der to avert something approaching an •■■ industrial revolution in this country., i Tho Magistrate reserved his decision. '•v' : -- To-morrow a case against the D.I.C. .; will be taken.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19200617.2.61

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 13, Issue 225, 17 June 1920, Page 6

Word count
Tapeke kupu
377

ALLEGED PROFITEERING Dominion, Volume 13, Issue 225, 17 June 1920, Page 6

ALLEGED PROFITEERING Dominion, Volume 13, Issue 225, 17 June 1920, Page 6

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert