TRADE RECOVERY

Hokitika Guardian, 23 August 1933, Page 3

TRADE RECOVERY

FAIR PRICES POLICY

FAITH OF. ADMINISTRATOR

WASHINGTON, August 9

Weekly lists of fair , prices for the necessities <>f life are to be published by tlic United States Government to protect the public from profiteering. •We 9 a lit'higher commodity prices, but no gouging,” said General Johnson, v.bo is administrating the National Recovery Act.

“The bulletins,” said the general “will show not only what fair prices .should be, but; how much of the higher prices should go to the farmers or the (in is her S' of goods. H a completely General Johnson is committed to the home market ideal is shown by his estimate of Mr Henry Ford, who, he said, knew his market was in his own front yard, and not across the sea General Johnson said he believed America could have national prosperity greater than ever before. It did not matter much what prices were, sp_long as wages were not at disparity. The American scheme must work. Business would get a fair deal. “Under this la*', everyone starts at

scratch,” said the general, “and the one with the best brains and tile greatest initiative, the one who best controls overhead expenses and. production, th e onp who is most- energetic in. seeking markets, is the. one who rau?t win. What,could be.: fairer Uhan . that P”

r;‘<‘!Bbfpre I finish I ’ A'iU jland these ‘chiSeUers’ right; between, the, eyes,”; declared General Johnson;-tola group of reporters he had called together to dis-j cuss -tlie blanket code is aj new racketeering term for people who 1 accomplish their “rackets”.as the occasion arises, and just within the law. General Johnson said that .hundreds of thousands of signatures -to the code were being received, and city after city was blossoming out with “blue eagle” posters, but it was not 100 per cent. What was bothering them was that thousands and thousands of employers were seeking exemption from the codes. For the. purpose of enforcing his blanket and individual codes, General Johnson plans to nominate, boards similar to those ' which - handle Australian industrial, disputes, and moulded practically on Australian 7 legiMatiorit.