WAR PRICES

Waikato Times, Volume 125, Issue 20914, 20 September 1939, Page 8

WAR PRICES

CHECKING PROFITEERS DENOUNCED BY DRAPERS SETTLING PROBLEMS (United Press Assn. —Elec. TeL Copyright) LONDON, Sept. 19 Typifying the widespread effort being made in Britain to stamp out profiteering, a meeting of the Drapers’ Chamber of Trade strongly denounced profiteering and agreed that there was no justification for an increase in price* of drapery above 5 per cent. It was stated that wholesale and retail firms were exacting rises of 20 to 25 per cent. The Daily Herald says the meanest type of profiteering is occurring in connection with air raid precautions goods, including black cloth used for darkening windows. Consultations between the National Farmers’ Union and the Minister of Agriculture, Sir Reginald DormanSmith, have begun in order to ensure close co-operation in the settlement of wartime problems, including the control of sales and prices and their hearing on food production. The Minister states that action hitherto taken in order to fix food prices was provisional in order to stabilise the position pending the Food Minister's assumption of control. Future prices would depend upon factors not yet defined.

Farmers would expect reasonable returns, and would be guaranteed a market and prices for crops, and livestock would sometimes be supplemented by subsidies to be fixed as circumstances dictated.

PROTECTION OF SHIPS

WORK OF H.M.B. COURAQEOUB FIRST LIST OF SURVIVORS v United Press. Assn.—Eiec. Tel copyright) LONDON, Sept. 19 The Admiralty announced that 11.M.5. Courageous, which was sunk by a German submarine, had been attached to the Reserve Fleet In August. It added that the carrier was “performing very good service protecting ships ol' the merchant service.” The. Admiralty early this morning issued the first list of survivors, comprising 40 officers and 398 ratings.

JAPANESE MISSION

ARRIVAL IN GERMANY DISCUSSION WITH MINISTER (United Press Assn.—Elec. Tel. Copyrlg-ht) BERLIN, Sept. 18 The Foreign Minister, Herr von Ribbentrop, who returned especially from the front with a number of military leaders, met General Coiunt Teruaehi, leader of the Japanese militarymission, on his arrival from Rome. HUNDREDS OF ARREBTB REVOLT AT SKODA WORKS WARNING BY THE GESTAPO United Press Assn.—Elec. Tel. Copyright) (Received Sept. 20, 11 a.m.) COPENHAGEN, Sept. 19 The Gestapo are reported to have made hundreds of arrests after a revolt at the Skoda works. The families of those arrested have been warned that they are forbidden lo wear mourning if their relatives are executed.

AMERICAN NEUTRALITY

REQUEST FOR REVISION PLANS OF MR ROOSEVELT (United Press Assn.—Elec. Tel. Copyright) (Received Sept. 20, H a.m.) WASHINGTON, Sept. 19 President Roosevelt announced that he is planning to appear in person at the joint session of the Senate and the House at 2 p.m. on Thursday and will request a revision of the neutrality law. EFFECT ON STOCK EXCHANGE SOME ISSUES SENT SOARING < Cnlied Press Assn.—Elec. Tel. Copyright; (Received Sept. 20, 11 a.m.) NEW YORK, Sept. 19 Herr Hitler’s speech sent some stocks soaring over seven points. Steel shares moved one or two points higher, but a point or more below earlier peak rates. The gains totalled eight points, buyers interpreting Herr Hitler’s speech as failing to offer a peaceful solution. The turnover was 1,830,000 shares.