Show Frida j Morning Suit £akc ul)C v Arnold Assails Atlcmpls At U S Price Fixing Declares Legislation Would Tend To Increase All Costs Doubts Constitutionality of Law WASHINGTON Doc 7 (AP)— Vigorous opposition to any at tempted control of prices through "antiprofiteenng legislation" was voiced Thursday by Thurman Arnold chief of the government’s antitrust forces a "run-awa- v price situation" at Although there have bedn re- ing the outbreak of the European war ports that some administration adAnv governmental attempt to visers are working on such priye- - control "prices he said would eventually require control of procontrol devices the assistant duction wages and all other factorney general expressed the opin- tors until "we have a completely ion at a monopoly committee hearregimented economy” Arnold asked if ther should be ing that legislation of this type was of doubtful constitutionality and no governmental aition in the field of prices probably would tend to increase Fcontrol thenthan rather Sufficient Powers prices In that view Arnold a commitThe Chicago retail executive retee member found himself in general agreement with the day’s prin- plied that there was no need to cipal witness Donald M Nelson establish any new federal agency vue president of Sears Roebuck-compan- y or enact "antipiofiteering” legislation because the justice depart"I do not see any necessity for ment fedeial trade commission any governmental agency to police and monopoly committee already the price situation” Nelson testi- had sufficient powers fied "I believe that industry is Agreeing with this Arnold said fully aware of its responsibility it was nearly impossible to draft and that competition between re- “ahliprofiteering legislation" betailers in the field of distribution cause "a profiteer usually was anyvull act as the necessary brake on one making a lot of money" Earlier Arnold charged that preventing abnormal price increases making governmental ac- some industi lalists w hose costs had ” not increased had used the wagp-hou- r tion unnecessary law as “an excuse to raise Prevents Price Hike assistant attorney general Nelson said business and industry alreadv had demonstrated said this dislocated the economy "great statesmanship” bv prevent- - of the country 7 J ii c i it 4U jifwntwdSffc'T xggj M E1 i n lcgis-datio- j i At t 2 The WEATHER PROPHET Reg 1 gift you’re sure will pleasel Grants leads the tway with C Better Slippers M t When you’re looking for comfort big values and a variety of smart styles hop nght up to Grantsl ( Women’s Felt Everetts I Flexible teallier sole rubber heel collar1 h i a 10c hie Dressed 4 Cth- t 10 Delight her with a set! y 2244 2040 Lei brie hood1 Wood With ten track sections! 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