Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-07-13
pMM|ss|0N SUGGESTS
RESALE PRICE STATUTES
Fderal Trade Body Makes Special
Report to Congress Asking
f Several Amendments.
PROTECT PROPERTY RIGHTS
ants to Establish Common Ground
for Producer, Purvcyor and Con-
sumner, That Each Party May Be
Secured by Law.

WASHINGTON. July Ia Renewed
recommendation that manufacturers
permitted by law to TX and mainr
6in resale prices, subject to review
a disinterested agency. was made
tho Federal Trade Commission to-
IN special report to Congress.
Eisting laws which have been inter
feted by the Supreme Court in the
Sc against Colgate & Company and
offher test cases. to prevent fixing OF
mmiss!on believes. with a view to
moving the present complexity In
e business world, to promoting the
Flciency Of manufacturing and COM
Hercial institutions and to serving the
ierests OF the consuming public.
Onder the commissions recommends
Eess last December, manufacturers
Ices would iie with an agency to be
their articles. contracts OF sales and
ne price schedules to be maintained.
n sre disi inter agency would be
any dealer or consumer or other
trty at Interest" to review the terms
contracts and prices.
Producers Ask Protection.
/ The commissions recommendation.
pc report said. were based on the fol,
living conclusions:
lThat producers OF identified goods
fentifed by trade mark or trade prac-
ices, be protected In their in
tngible property right or good viii.
Eeated through years. OF fair dealing
Iise etah-
That the unlimited power both TO nx
Hd to enforce and maintain resale
,ces may not be made lawful with
That unrestraincd price cutting ia
pt IN the public interest. and tends
IL %pa ana IT not to ,dee5.roy
Fticles desirable to the pubiic. -
mere must be n common ground"
he G rInb1s 30 report said. wherein
fa ',a may each be fully secured
IND equity done to all The Supreme
curt has made i clear that. in the
ance OF a resale price by the pro
uGer is restraint of trade and is
trpreme Court. the Federal Trade Com
sisslon has enforced the law, even
f,ough IT may have appeared TO oper-
}n ne 1neaunably In some cases. In it's
Iion has been mindful that the cutting
recognized resale price on we'll
}sta blished and identified articles has
gen. at times. INDUCED in for unfair
fade purposes. When so uniawfullv
SEQ. such price cutting is attemntcd
F. be cloaked as lawful competition
no JUSTIFIED by the Supreme Court
Price CuttiK Unfair.
Thus. both price maintenance and
rice cutting under certain conditions.
re round to be unfair and business
Zen are perplexed.
~ is urged, and the commission be-
eNes, with reason. that II would BIO
4nwise 10 vest with the manufacturers
pr articles the right, without check or
Feview, both to fix and TO compeI tbe
maintenance OF resale prices. II is true
nat business practice inclines pro-
lucers TO fix the lowest possible retail
brice In order to secure the greatest
possible sale OF their product. but in
NJ complex commercial organism
unctioninE between the production Of
an article and It's final sale for actual
both the wholesale and
etail merchapt are entitled to just
compensation for useful service per
1t is similarly urged that manu-
lecturers should be protected in their
good will created BY years OF fair
dealing and OF sustained quality OF
The consuming public does not en-
10Y oenents BY unfair price cutting to
II for the Injuries follow
Ec demoralization caused by prIce-
cutting. This for the reason that.
n the long run. unrestraned price
'utttng tends 10 impair II not to de-
troy. the production and distribution
u articles desirable TO the public"
The President Grant at Boston.
tBy Associated Press.1
BOSTON, July 12.-with $500 casuals
m board. the transport President
rant arrived here today