The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-09

Sv ouP wnols flnhneiel ana ecsnomN
s',s.IE,n ~ " > nssls:
canjtat' ~ NJ not, ~ not r9eoup w
capniSs DIV her tsStlsss' aistracted
xiv vhsra N u,nna ~ snows /. T.
nssSa. Ia soanus VI YsspGct Wy
80 80 Wnat ~ shell 90 = Loi
May ontsr ugSsLoh UPON when mel
So " uii'lu ~ Cohtloenoe OF puF'
spihJI,.u thnt wniIs sneIe - any pos,
chanssA or NAV 4" hsia inng ~
sncn y. VI may De hel1 iong N soey.
Of divisions ~ npinIon amnNs az "eT nnS'
III. ~ InnS Sealnst Germany W Ii
''io " iVoS ioF rSler'
IMwaR AAk Novw III
"VSs AOs VSW' q
But shat we can do we shonld do
and should DO At once. And there /,
ionnl thouSh ~ k whSa peNns
and credits 10 facIlitatr the puIckase n,
our wheat can ana wN NE itritad an
controlled In aucN = VA - nnt 10 rsis.
but rather to lower the rrics az nor,
here. The eoyernmanS mas the nower
within certain limits. to regulate that
We can not DENY Wheat 70 soreiSn nso,
pies who are In dire need ~ h an
we do not wish 10 do 40: hut forti.
! natcly, Though the whaat cson Is NO,
what wa honed 10 urn,,Ia ha n Is ah,,n.
dant IN handled with pPovtdent care
The price OF wheat ~ Iowar in ~,
| UnlteS states than in Europe and ear
by way OF immsdiate relief surpiu,
| stocks OF both food and c,othinS in IN,
hands OF the government viii he sold
/ ana, OF course. sold al prices IN which
| there is no pfoS,t IAh6g Nv x w WIZ" nf
more permanent correction of nrice,
| surplus stocks IN private hands viii Il,
I drawn out of storage and out uOon tn,
| 49,. E ~
! Of the food control act. the hoarains ~
| foodstuffs can be chscised ana Srs
| vented, and thay will he Witb ~,
greatest energy. FooAstIfSs can h
drawn out Of storage ana aold IN legpa
action which the dspaptment of iustic
viii institute wherever necessary: bu
as o an the situation Re avstemS,
ioally dealt with ii n NOT 1iLalv tbs
the courts wen often have 'to 81 70
sorted 10, Much ~ tha scctmu M ~,
Of stocks has no Ao,iht mean due 10 ~
sort OF speculation wnIch aiwaEs re
suits from uncertainty, 0reat H%,fpIuss
we're accumulated because i was i'm
would disclose and dealers were de-
termined to Be ready for wNs,eve
might happen Is well as eager "a rea,
The full ADVANTAGE of rlsine nricas rbel
will now see the disadvs ntase of nv ~
well as the danger, of hoidins an {ro%r
| the new pFOcRRE OF di~atpibnflnM
Some very interesting and s,srIsi
eant facts with regard to stocEs y
hand and the rise ~ nrices n Vhn go .
OF abundance hAve% Mean discloseA y
the Inquiries of the Nena rYment y
agriculture, the department ~ Iahoc
and the federal traaa commissiov
Thee seem to tustifv tho .tainman
that in the case ~ msnv I nace s
commodities eSfeetiye maans have SUI
found to prevent the nar,na1 49, ~
ton op the law - sunnIy Spess"
mand' DisrerardinS the .prnIns s,o y
in the hands OF the Sovernmant ttboT
was a sreater supply Of feodstuffs i
than AT he same date last y AM Seaa
the combined eotal of 4 nnmEer 30 ~
cent, J Hnd set process aGSes have sq risen - II +,
supply Of fresh eggs OF. hand in Jur
o. tnls Ee1r, Yor example, was Greatt
ny neary 10 Per cent than the suppl
o mana az the same time last yea
sna yet me wholesale. price was I
eehus q oozeR as against so cents
year = stock OF frozen fow
hhu increased more than 29S per cen
and yet the price had, risen also, fro
satA cents per pound to S7lP cent
me suppiE, OF creamery putter hf
Increased lss0 per cent and the pr,
from ~ 70 % cents per, pound. IT
supPlS W salt ueel Y ueeu aul
menteo > per cent and the price Ia
gone up from W. a barrel 70 $S6
barrel, Cameo corn had Increased
STOCK nearly ~ Per, cent n had r
NAMED the Same
price, ~ q Few. fo~odstutfs the, pric.
y uectlhea' nut N nothinK IKE u
proportion IN which the supply M
Increased, tor example. the stock
canned NAG increased, !
per cent, and yet the price a d
clined only Is cents per dozen can
In some cases there had been q
usual result of an increase OF. pri
following a decrease OF supply, but
almost every instance toe increase
prices MAD been disproportionate to u
I decrease IN STOCK.
-
! ComDlnatl0ns Illegal,
,.rho a.t u -
nan ~ earat, svnS.el nnas .upvv
%WmN'ns vushoeiou' sSuuys ~ VIZ sly
uhn ps apphsN ~ better y. ~ s 60
.lngeu tna'' upueI .ns - a,
, .enhpua.ioh snvep'ionpu c,tvui
, stahees. Sonlplnaeo.s W y
ana c9tnn,.at,ehs ot uauers naye DC
lSrulsu ioI y eon,loi oi y
- pntees "ae oea.S M
prosecutions VIII De promptly ms
tute1 ana acllN,ty pushed, whloh "
IN au nkehhooa nave prompt g
l rectiNe eiteot; mere is reason 70 0
' neNe that me prices OF lsalner,
Soal, OF iuinper ana OF teNthes ma
= peen materlaily atteeted by forms
! eonsrete ana co~-operatlon smeng '
! Iouueer ava mtrketers OF these u
= o.ner ShlVeTsaiy necessary sommo'