Show LIMIT TO regulations FOR HANDLING OP commodities ISSUED BY PRESIDENT WILSON excessive prices are to be eliminated and licensed dealers are forbidden to sell to retailers 1 who overcharge ats ff washington regulations for the handling of the nation s food promulgated b president v allson and to take effect immediately were announced november 3 by alie united states food administration I 1 he govern the licensing of all food handlers except small retailers and control alie small retailers indirectly the chief objects of the regulations are birst to limit the prices charged by every license to a reasonable amount over expenses and forbid alie acquisition of speculative profits from a rising market second to keep all food commodities moving to the consumer in as direct a line and with as little delay as practicable third to limit ats far a able contracts for future delivery and dealings in future contracts offenders may be prosecuted under the food control act the president has broad powers to deal with individual cases this power will be freely exercised to the three purposes named it every 11 consee wll make those purposes the cardinal principles of his business and obey the law and the regulations he will be free from interference by his government violation Is the cause for revoking any license as avell as subjecting the offender to criminal penalties that may be prescribed there are many general rules governing all licensees ad special for various trades in which there are special conditions dit ions or specific abuses to be overcome the elimination of excessive prices charged by small retailers who are not subject to license will be helped by a rule forbidding licensees to sell food to any person who Is taking excessive profits or speculating an important rule provides ahat no licensee shall import manufacture store distribute sell or otherwise ban die any food commodities on an unjust exorbitant unreasonable discriminatory or unfair commission profit or storage charge profits to be reasonable with respect to a large group of particularly ables the regulations require that profit shall be no greater than a reasonable advance over the actual purchase price of the particular goods sold without regard to the market or replacement value handling foods in such avais as to monopolize or restrict the supply Is guarded against special rules require that certain foods tint hive been held in cold storage for more than thirty bivs shall be marked cold storage goods when offered tor sale prohibit speculation la future of canned goods speculation in potatoes which hive been damaged protect alie who ships ills goods to market on consignment unfair charges by commission anen brokers and auctioneers and cover many other special points |