Salt Lake Telegram | 1919-10-06 | Page 3 | Report on Hicost Gives Reasons for Condition

REPORT REPORT- ON 0 NIC 01 S GIVES REASONS FOR CONDITION Profiteering and Underproduction Underproduction d Factors Council of Defense Says By Associated Press Preas WASHINGTON Oct 6 After G.-After After investigation investigation in in- of or the high cost of oC living problem the council of national defense defense de de- de- de i finds That the nations nation's productive powers have not been fu fully l utilized since the armistice That too few goods notably the ne necessities necessities ne- ne of or life have been produced and that even some some of of these goods have been been beeri withheld d from the market and therefore from from the he people That hat the high higI cost of living is due In part to unavoidable e war waste and increase of money money- and credit That there has been and is considerable considerable consid- consid erable profiteering intentional and andun un- un intentional The council believes that the remedies remedies remedies rem rem- rem rem- edies for the situation are areTo To produce more goods and to produce produce produce pro pro- duce them in proportion to the needs of the people To stamp out profiteering and stop unnecessary hoarding To enforce vigorously present laws and promptly to enact such further laws as are necessary to prevent prevent and and punish profiteering and and needless hoarding To bring about better cooperation and meth method d in distributing and marketing marketing marketing mar mar- goods To keep both producer consumer and and consumer fully on record as to what goods are needed and what supplies are available available available avail avail- able so that production may anticipate anticipate antici- antici pate the country's demands The council Is composed of or Secre Secretaries Secretaries Baker Daniels Lane Houston Redfield and Wilson and Grover B B. Clarkson as directors