Show CAUSE FOR PRICE REDUCTION GIVEN GIVENA A sudden mania for cut prices holds sway in the east said Isaac Blair Evans United States attorney ho re returned returned re- re turned from Va Washington yesterday And T r believe this cut Is due to three causes First the tho banks aro squeezing squeezing ing business men inca and they are compelled to reduce their stocks to money second it is psychological and merchants follow In order to compete with wIlh their neighbor who is cutting prices third third I 1 believe It is partly because because be- be cause o of tho the Lever act through which man many profiteers are are arc being trapped Mr Evans anN was in tho national capital capital capi capi- tal from June 3 to June 21 21 during which time lIme ho handled matters pertaining per per- tamIng to tho the department of or Justice He reports that William Gibbs McAdoo I and A. A Mitchell Palmer are favorites In election circles at Washington and that the recent decision o of the tho supreme court on prohibition Is regarded as final In the east |