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Capper Hits Profiteers in War Price Fight
Senator Capper of Kansas accuses profiteers of inflating prices as he cites figures from the American Woolen Company showing rising profits from 1914 to 1918 and stock inflation. He urges prosecutions, price tagging on products, and tighter regulation of packing and cold storage to curb costs and stabilize business. He notes steel profits and meat price disparities during wartime.
MENTIONED IN THIS ARTICLE
Washington
Palmer
Federal Reserve Board
Arthur Capper
Kansas
Department of Justice
American Woolen Company
Best Wall Street
United States
The
Stock Exchange
Wool Growers’ Association
American ‘Wool Company
Cotton Exchange
Wall Street
France
United States Steel Corporation
Congress