The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1917-08-11
HOOVER TELLS
HOW TO SAVE
RESOURCES
Appointment of Food Admin
istrator Announced
TO STABILIZE PRICES
Will Attempt to Restore Business OF
the Country to a Reasonable
Basis.

Washington, Aug 11.-Formal ap-
pointment of Herbert Hoover as food
administrator under the new food leg
islation was announced at the White
House late yesterday. Hoover's
statement outlining the governments
purposes in administering the food
Legislation follows:
'The hopes of the food admins
tration are threefold First, to so
guide the trade in the fundamental
food comodities as to eliminate
vicious speculation, extortion and
wasteful practices and to stabilize
prices in the essential staples. Sec.
ond to guard our exports SO that
against the worlds shortage we re-
tain sufficient supplies for our own
people and to co operate with the al
lies to prevent the imitation of prices,
and, third, that we stimulate in every
manner within our power the saving
of our food in order that we may in
crease exports to our allies to a
point which will enable them to prop
erly provision their armies and to
feed their peoples during the coming
winter.
THE food administration is called
into being to stabilize and not to dis.
turb conditions. and to defend honest
enterprise against illegitimate com
pretition. 1t has been devised to cor.
rect the abnormalities and abuses
that have crept into trade by reason
OF the world disturbance and to re
| store business as far as may be to a
reasonable basis.
| The business men Of this country
am convinced, as a result of many
hundreds of conferences with repre-
sentatives of the great forces of food
supply. realize their own patriotic OBJ
legation and the solemnity of the sit
uation and will fairly and generously
cooperate in meeting the nationa
emergency. / do not believe that dras
tic force need be applied to maintain
economic distribution and sane use ol
supplies by the great majority o.
American people, and | have learned
deep and abiding faith in the in
tellgence of the average American
business man whose aid we anticipate
and depend on to remedy the evil
developed by the war which he ad
mits and deplores as deeply as our
selves. But il there be those who eX
pect to exploit this hour of sacrifice
If there are men or organization
soheming to increase the trials of thi
country we shall not hesitate to appl
to the full the drastic coercive pow
ers that Congress has conferred upol
us in this instrument,
In enforcing the measures OF tn
act ii Is not our intention to pre-
ceed with host Of punitive measure
but rather by coordination with tn
various trades to effect such constru
tive regulations as will render gan
bling, extortion and other wastefl
practices, impossible and will stab
! lie prices. Indulgence in proiitee
ing in this hour of national danger
far from the wish or the will of tn
vast majority of our business people
and am convinced that while W
, | must have ready in reserve the co
rectiye powers given us, we shall h
| these powers free the great majorit
from necessity to compete with ope
ators whose sole effort is to inflat
prices and bring into disrepute Il
majority of honest traders, We pr
pose to proceed as rapidly as possib
with constructive regulations in va
ious commodities and to announ,
,, each progress as quickly as It
properly formulated. We hope wit
in the next few days TO announce Il
? method of wheat and flour control"