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Show I! Excess Profits ! To Be Returned To Wool Growers WASHINGTON. April 1G. Excess , profits of more than one million dol lars obtained by wool dealers in transactions trans-actions during the war time period when the national supply was all under un-der government regulation will be col-t col-t lected and returned to the growers bj the bureau of markets of the department depart-ment of agriculture. The decision announced an-nounced tonight by the department followed a hearing on questions relating relat-ing to the valuation and handling of the 1918 clip. : Reports have been secured "rom nearly all large dealers as to business transacted during the period unde. in-ouiry, in-ouiry, it was said, but the work of checking up accounts has been delayed by the discovery that some eight "nun dred country dealers had operated without federal licenses. Secretary Meredith said the work of collecting and returning excess profiti would be pushed vigorously. Bernard Baruch, former chairman of the war industries board; Judcc Elwln B. Parker, a member of the board; Lewis Penwell, former chief of the wool section, and several members of I congress representing districts Inter- J ; ested in the matter under discussion, ji vere present at the conference. |