Salt Lake Herald-Republican | 1910-02-02 | Page 1 | Congress to Investigate the Cause of High Prices

CONGRESS TO INVESTIGATE f THE CAUSE OF HIGH PRICES Resolution Introduced by Chair Chairman Chairman Chairman man Payne of Ways and Means Committee Washington Feb 1 The cost of living in the United States is to tobe tobe tobe be thoroughly inquired into by the House of Representatives through its most powerful committee the ways and means Representative Payne of New York chairman of that committee to today today today day introduced his resolution providing for an all au investigation along the broadest lines TKO Te resolution which will be lie re referred referred referred to the Ways and means moans commit committee tee and doubtless reported back for passage authorizes the ways and Jeans committee to make a thorough Investigation of the cost coat of living in Inte Ue te I States to ascertain costs of production and wholesale and retail fronts to inquire Into the cost of liv Bv living jug jag in foreign countries and to rend such legislation as OB will contrib contribute ute tte to tc restore r store prices to the normal level levelt t te Le e resolution authorizes the commit committee committee tee to subpoena witnesses to employ experts and to send for records cords r papers and all other needed evidence A thorough Investigation of or the so 80 caled beef beet trust t IB is provided In a resolution introduced today by b Coudrey Republican Mis Missouri MIssour lIs sour The resolution appropriates 30 to be used in getting at the facts Fines of and Imprisonment for five fhe years is provided for witnesses who decline to reveal roveal information to the committee The resolution provides for a thorough and complete investigation of the present unreasonable and unnecessary sary sar advancing prices made by meat packers and of the reported hoarding of livestock In western yards of the f largo large orders and the hold Ing of supplies In freezers rs rn to create the impression of shortage V The Tho committee will consist of six Senators and six st sl members of the House and must report to the present Con COIl gress ress