Abstract

Finance
Boies, William Justus | March 22, 1919 issue

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The U.S. Federal Government, under the auspices of the committee appointed by the U.S. Secretary of Commerce, has entered upon an experiment which is exciting the attention of economists and business men throughout the world. In the belief that prices, commodity and raw material, can be lowered through intelligent cooperation, an effort has been made to obtain united action by the Government authorities, the manufacturers, and the consumers to readjust prices in such a way as to increase public demand for the commodities and provide for a largely in- creased employment of labor. A strong committee has been appointed to investigate the situation and to ascertain what is a fair basis of prices for various industries.

See Also:

INDUSTRIAL laws & legislation; UNITED States -- Politics & government; UNITED States -- Economic conditions; INDUSTRIES -- United States; FEDERAL regulation; UNITED States
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