Evening star., 1920-05-24

IS q 2ls per cent increase over 1914.
he said. were S.4 per cent. He SAID
that the profits on q 7-cent loaf Of
bread had been Sc hundredths Of cent
and that on May II. 1870. the psont
on an Sk -cent loaf had been II huu%
dredths OF / cent.
'EWhat per cent do you make on the
capital stock Of your investment!
The witness replied that he did not
know. that he did not ngurs that way.
Investnent Up to S1.50e.eoo.
The testimony brought out the fact
that the capital stock Of the Corby
company was $850.000 and that =
surplus which had been invested In
the company amounting to $eso.00o
brought the total investment UP to
$l.500.oo0. Mr.. Corby said that the
but probably would decrease some
what during the summer months
when many people were away.
your 1919 profits on bread amount
ed to $1s1.3sl," said Senator Capper.
DO you think you were JUSTIFIED in
sssi1E. asking an increase in the price Of
yes" replied Mr.. Corby. entirely
So" He pointed out that they were
doing an increased volume Of busi-
ness.
MI. corby was asked who constitut-
thorized the increase in the price Of
bread He replied that Leon Ulman,
conected with Holmes & Sons. bakers:
Joseph Berberich. a shoe dealer: r. p.
Andrews. a paper dealer; w. q. Car
ns,tm.Gf ts, Of Solder co :sn Philip Knf de-
wholesale grocer; Mr.. Corby said
there also was Mr.. Nordlinger, who
deals in ladies' furnishings, and q Mr.
Leese. an optician.
Committee Named - Figg.
who appoints this fair price COM
mitteer asked Senator Capper.
'Mr. Figg Of the Department of JUS
tice. He 10 the chairman"
There are no representatives Of
consumers or OF any OF the citizens
associations" suggested Senator Cap
Il think they are all consumers, and
probably q number Of them are mem
bers Of the citizens organixationA."
replied Mr.. Corby.
engaged in selling to the consumers
in the District, and their intsress
would be In keeping up prices" COM
monted Senator Copper.
Il don't take that point Of view."
replied Mr.. Corby. II think they are
then others would be-
There should certainly be one or
two representatives Of labor and
some consumers on the committee. -
insisted Senator King OF Utah.
We have no objection to that" re-
piled Mr.. corby. He said he had been
invited to go on the committee, but
had refused.
Senator King wanted to know
whether there had been any publicity
given to the proposal to increase
prices of bread and Mr.. corby said
there had.
Were you asked to produce your
ed recently" asked Senator King.
NO" said Mr.. corby. But in 1918
whom an increase was allowed 1t wa
not until after the Federal Trade Com
mission and the local food admins
traitor had spent six weeks going
over our bookA"
thought as Q general thing too high
prices had been allowed during the
war.
MIR. corby said he did not own q
controlling amount OF stock In the
never owned the controlling interest
Senator Capper pointed out that
showed that his family owned . very
large percentage of the stock.
No Attempt to Get Control.
Senator Capper asked II the Fleisch.
mann company had attempted to OBJ
tain possession of the Corby com
pany. Mr.. Corby replied that II
had not. although he had sold his
yeast company to that concern.
is there active competition amona
the bakers in the District" asked
Senator King.
Yes"
rs there any agreement or combina