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Show COMMISSIONER GENERAL OF IMMIGRATION ANTHONY I CAMINETTI, member -of the new ! board created to assist the nation in 1 getting down to normal industrial ' and price conditions. j n ( V ! 1 fc - - . -1 :-... I ' v ' PEEK CISIIl IF HEW BOARD Plans to Hasten the Return of Prices and Wages to Normal Level, WASHINGTON'. March X ""omplei ion of the personnel of the industrial board or the department of (.onmicrce, toi;c: her with the plans of the boa rd for hastening hasten-ing the return of prices and wasey to a normal level, was aiinou need today through the council of national defense. Associated with George N. Peek of Mo-line. Mo-line. 111., a former mem tier of the war Industries board, as chairman of the new organization, arc Samuel P. Bush of Co-lumbus, Co-lumbus, Ohio; Anthony Caininetti, commissioner com-missioner of immigration; Thomas K. Glenn of Atlanta, On.; George ft, James of Memphis, Tenn.; T. f Powell of 'in-cinnati 'in-cinnati and AVilliam M. Kilter of West Virginia. The chief purpose oT the. now hoard, It was announced, is to bring about the operation op-eration of tlie laws of supply and demand, de-mand, Interfered with by the process of war. To this end conferences will be held with representatives of the chiefs of industries, "to decide on prices to be (Continued on Page 2. Column 5.) PEEK CH4I11 OF M BID (Continued from Page One.) offered to the nation as the governmental-ly governmental-ly approved judgment on a price scale low enough to encourage buying and the resumption re-sumption of normal activities." "As soon as a stable and wholesome scale of prices is achieved," said the announcement, an-nouncement, "the cost of living will have so far been reduced as to create automatically auto-matically reductions In the pi ice of labor la-bor without interfering with American standards and ideals for the treatment and living condit i'ons of labor, and thus the last inflating element will have been withdrawn from prices. It is believed that industries will agree that the cost of living must be substantially reduced before labor should be asked to accept lower waes, and thus industry would stand the first shock of readjustment." |