Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-08-05
GOVERNMENT ACTS
TODAY TO END RULE
Of THE PR0F|TEERS
Definite Steps Are Promised
to Remedy Acute
Situation.
MAY BUY ALL WHEAT
AND CUT FLOUR FIGURES
Effort Under Consideration to
Place Currency on Pre-
War Level.
CABINET MEETS THIS MORNING
Senators Debate Food Problem and
Endcavor to Place Blame for
High Cost Of Living.

high cost OF Living.
WASHINGTON, August i-Compelled
by the acu,encss of Il situation which
is admittedly one OF the most serious
IN the history OF the nation. the ad-
ministration tomorrow will take
definite steps designed TO end the high
cost OF living. 1t Is realized there
can be no delay in formulating a pro-
gram.
Three main plans Of action are un-
der consideration tonight They are:
i. Institution of drastic policy to-
ward all profiteers.
= Government acquisition Of the en-
,ite wheat crop. paying the farmer the
nasic ice Of s2.26 u bushci and sell
ing 10 the American public at q much
ttower price. the difference 70 be cared
pFopTiated last session by Congress-
D. ADOPTION or recommendation Of
measures which Will attempt to put
ths country'S currency on a basis an
pro1ma,ing the level OF 1914 or 1915.
In Ail-AbsorbinE Topic.
The high cost of living was the ALL
dnsorplns topic al the Capitol today
Ef..x,teIy agency Of tho governmcnt-the
White House, the Senate the House
and all executive northumberland
concerned with IL.
The Presiden, made a,yinE trip this
afternoon to the Federal Trade Com
mission. where he discussed the sub
lect with William b. Colver. chairman
o. tne commission. and Victor Murdoch.
one OF the members Of the commission
The subcommittee OF the Cabinet.
composed OF Walker D. Hines, director
general OF railroads; r. G. Leftingwell,
and Sir. Coiver. OF the Federal Trade
ON oi,nnniss:on, held one meeting, and will
once OF -attorncy-General Palmer
Expect CommI tc~,a Renart
1t Is expected that the subcommit-
zee "ih-havc prepared recommends
Tons. which gill be submitted 10 the
noon.
Acknowledgment Palmer. /, was re-
Washington all United States district
attorneys in districts which are judged
1-ed 10 be FOOD leo, concen,ration areas He has
United States district attorney at Chi,
cago.
The Senate gave over practically its
OF living Senator Gronna Repubii-
can. of North Dakota. blamed present
ment In fixing prices. and other forms
OF interference with the natural
agencies OF production and consump-
ton.
Senator Reed. Democrat. OF Missouri.
said the heavy drain on American
sHTeees sih'e s,d TO feed Europe vas respop
stay out OF the league OF nations and
attend to duties At home.
May Suffer Coal Car Shortage.
living situation arose when the Senate,
by unanimous vote. adopted the resolu,
n tio1 o, OF Senator Senate, Pomerene. Democrat.
ministration to state what is being
done to relieve the threatened shortage
or coal cars. he fears that shortage
of coal will result this winter. and thai
prices OF fuel will soar.
Today's session of the House was
which was tho favorable report BY the
Interstate and Foreign Commerce
which directs the Federal Trade Com
mission to make an investigation OF
he,beE tne Iagao r. situation; pni and 70 learn
If the present price is fair
REPRESENTATIVE 1goe. Democrat. of
make another attempt to obtain favor
able action on his resolution providing
for an Investigation of the shoe and
Commission.
May Sell whent at $3.50.
II the program of recommendations
TO be made to Congress. by the Presi-
Representative Madden. Republican. not Of
Illinois. said today he would introduce
ans measure sure, proyiding that the govern
guaranteed price. and sell wheat TO
the millers at charge of $3.50 a
would T SET dr
which the millers could ask the public
fie said that If his recommendations
to e!f he pubic at u 81 aob barrsl fSad be sold
Mt Madden also recommends an en-
barge on food products selling at
vailed on the same commodities on
January of this year. or even time
previous to this.
Reed Against Intcrnationalism.
Senator Reed, OF Missouri, who made
ject. warned the Senate against the
internationalist doctrine as embodied
1t was time for the government TO give
less attention to the peoples OF Europe
and more to the question Of supplying
home.
The Senator also, suggested that if
back. from Europe and restored to pro
ductive industry there would be
tendency to restore the balance be
which was overturned when the mil
lions of men were taken out Of indus
try to go to war.
Reeds speech was this:
II an n Of ie, tie opinion r,e that we would
that he he area
the fuel and the housing of our own
country than to be undertaking to
and financial welfare Of the gentlemen
from Timbuctoo and other remote parts
of the world"
Cronna Seeks to Blame Hoover.
Senator Gronna, who is from the
great wheat-growing State of North
Dakota, told the Senate that Food .Ad-
/. IN Illustrator Hoover was more to blame
for the ruling high cost of foodstuffs
than any other agency in the United
States. He said the grain corporation
organized by Hoover and now directed
by julius Barnes made s24,000,000 on
scheme Of price-fiXing he said had
CONTINUED on Second Page.)