Show PRICE I PLANS ARE I I ARRANGED Six Members to Make Up UPi Commission to Discuss s s to I Re Readjustment e t J By Associated Press VASIlI WASHINGTON Feb 17 The 17 The first step toward setting up the price con colt conference ference commission to suggest prices which the government go will pay for principal commodities during the postwar postwar postwar post post- war readjustment period was taken today to- to day by Secretary Redfield with the appointment appointment ap ap- of V. V W. W l M. M RItter formerly head of the hardwood lumber section of the war industries boara boars to supervise organization executive work Six members members members mem mem- bers will make up the commission one I of whom will be named by y the railroad administration and the complete personnel personnel personnel per per- I will be announced this week weel Secretary Redfield declared specifically specifically 1 cally that neither pr price ce fixing nor price I maintenance was contemplated by the government or the industrial leaders I who devised the arrangement for tor suggesting suggesting suggesting sug sug- gesting commodity prices at a level on which the consumer is expected to buy I Prices must come down the secretary secretary secretary sec sec- sect t I said and it is only a question of whether or not the slow economic process process process pro pro- cess of allowing factories to close and workmen to stay idle until consumption tion resumes again is to be followed That plan is socially dangerous What is proposed by the conference board is immediate action to suggest the proper price level No compulsion is involved and nobody will be compelled to abide I by the d decision It will merely be a fairly determined guide which buyers and sellers can safely follow I |