Show I LIMIT TO PROFITS UN ON NATIONS NATION'S REGULATIONS FOR H HANDLING OF COMMODITIES ISS ISSUED ED BY 5 PRESIDENT WILSON Excessive Prices Are to Be Eliminated and Licensed Dealers Are Forbidden Forbidden Forbidden Forbid Forbid- den to Sell to Retailers S. S Who Overcharge Regulations Washington Regulations for the handling of the nations nation's food promulgated promulgated promulgated gated g b by President Wilson and to take takeI I effect Imm Immediately were were announced November member 3 by the time United States f food fod od administration They govern the licensing li licensing li- li censing ceasing of all food handlers except small retailers and control the small retailers indirectly Th The chief f objects of the regulations are S First To First To limit th time the prices charged by y every eyer license to a n reasonable amount over expenses and for forbid ld the acquisition of speculative profits from froma a rising market Second Second To To keep all nIl food I i ties moving to the consumer In as tIlI di direct tIl- tIl a line and with as little delay as I practicable a Third Third To To limit as far as able contracts for future delivery and mid dealings In future contracts Offenders May Be Prosecuted Un Under er the food control act the president pres pres- i ident ent has broad powers to deal with I Individual cases This power will be he freely reel exercised to accomplish the I three purposes named If every li licensee Ii- Ii make those purposes the cardinal principles of his bis business ss and obey the time law and the regulations he Ime will be free flee from interference by his imis government Violation is the cause for revoking any license as well as subjecting subjecting subjecting sub sub- the offender to criminal penalties penalties penal- penal ties tics that tha t ma may be prescribed There are nrc many general rules governing governing governing gov gov- all licensees together with additional additional ad ad- special regulations for various various- trades In which there are special conditions con con- or specific abuses to be over over- come comae The elimination of excessive prices charged b by small retailers who are not subject to license will be helped by a arule arule arule rule forbidding licensees to sell foods fols folsto to any person who is taking excessive lve profits or speculating An important rule provides that no licensee shall Import manufacture store distribute sell or otherwise banle handie handle han ban die dle le an any food commodities commodities on an Unjust unjust unjust un un- just exorbitant unreasonable able discrimInatory discriminatory discriminatory or unfair commission profit or storage charge Profits to Be Reasonable With respect to a large group of commodities particularly ables the r regulations require that profit shall be no greater than a n reasonable reasonable rea rca advance over the actual purchase purchase pur par chase price of the particular goods sold without regard to the market or replacement value Handling foods In such ways as to monopolize or restrict the supply is guarded against Special rules require that certain foods that have been held in in cold storage for more than thirty days ays shall tye e marked cold storage goods when wilen offered for sale prohibit speculation in future of canned goods prohibit speculation In potatoes which have been seriously damaged protect the shipper who ships his Ills goods to market marlet on consignment against unfair charges by commission men brokers and auctioneers and cover many other special points |