Profiteering Is Still Under Ban
Raleigh—Would-be
food profiteers who have judged that the signing of the armistice will release
them from the watchful eye of the food Administration have a surprise in store,
State Food Administrator Henry A. Page declared today that while a number of rules
and regulations of the Food Administration have been removed and others may be
removed later, those relating to margins of profit and to the distribution of
food and feedstuffs will not only remain in force until the Peace Treaty is
signed but that they will be more rigidly enforced thereafter than they have
been in the past.
Profiteering
and speculation will be punished ruthlessly. Voluntary contributions to the Red
Cross will no longer be accepted in lieu of more drastic actions. Merchants who
are found to be willfully disregarding food rules and regulations, especially
those relating to margins of profit, will be put out of business until normal
times come again.
In line
with the policy the Food Administration has fixed specific margins upon an
increased number of food products. Their margins are absolute and any merchant
who exceeds them will be subject to discipline by the Food Administrator. The
products which have margins have been fixed as follows:
[One profit margin for people who pay cash and
another for those who pay using credit. Note that credit is 20 to 50 percent
higher than the cash price!]
Flour
(wheat, barley, rye, corn) $1, $1.20
Corn
meal, ¾ cents, 1 cent
Homney
and grits, 1 ½ cents, 2 cents
Sugar,
1 cent, 1 ½ cents
Oatmeal,
bulk, 1 ½ cents, 2 cents
Lard
and lard substitutes, bulk, 5 cents, 6 cents
Breakfast
bacon (4 cents per pound may be added for slicing), 6 cents, 7 cents
Heavy
bacon, 5 cents, 6 cents
Ham (4
cents may be added for slicing), 6 cents, 7 cents
Cheese,
7 cents, 8 cents
Butter,
6 cents, 7 cents
Butter
substitutes, 5 cents, 6 cents
Eggs, 7
cents, 8 cents
Potatoes,
1 cent, 1 ½ cents
Onions,
3 cents, 3 ½ cents
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