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Show WIELD NOT TO am POST Controversy Over Price Stabilizing Sta-bilizing Closed Incident for Secretary. (Chicago Tribune Special Service.) "WASHINGTON. May 12. Nullification of the efforts of the industrial board of the department of commerce, by tho opposition op-position of other government departments, will not cause Secretary of Commerce Red field to resign. Tho secretary made it clear today that he has no intention of resigning, and that the controversy I over the pnee stabilization program is a : closed chapter so far us he is concerned. Mr. Tied field deelfnod to add anything , further to the subject, and would not make any comment on the statement issued by -Secretary of the Treasury Glass in reply to the parting shots by George N. Fe?k, former chairman of the indua- , trir.l- board, of "perverting tho truth" and "persistently and consistently practicing deception." ! Mr. Peck has left town, and as all those concerned have had their say in a general gen-eral round of explanations, it 's expected that nothing further will be heard about the matter. The lood administration ana Julius Barnes, administrator of tho government wheat guarantee, it is believed, will welcome wel-come the departure of the industrial board. It. was the contention, of Secretary Red-field Red-field and Mr. Peek that restrictions on wheat and pork should be removed, and that the result would be a decrease in prices to the consumer. Secretary Red-field Red-field had a hand U- forcir-g the. war trade board to take action which niacin it impossible im-possible for the food administration to continue tho volunlary agreement by which the price of live hogs was maintained main-tained at 517.50 a hundred pounds. The food administration warned that the effect of removing the restrictions would be to increase the price rather than reduce it, and the actual result has borne out their prediction, prices recently having soared to about $21.50. |