Show stabilized PRICES SCHEME OF BOARD NORMAL LEVELS of PRICES AND WAGES SOUGHT ay BY THE U a COMM COMMERCE E COMMITTEE purpose of board Is to ao belh bring g about the operation of laws of i supply and demand with by process of war washington completion bai 0 the I 1 pel bonnel of the industrial wa liodard d of bf tile department of commerce Lom together with the plans of the borud for hastening the return of prices and vs bilges ages toia to a normal level was sis alln sunday a throng through h the council of il national atieh I 1 at d dei de i tense associated gebee 14 pek peek of III a forlifer for member of the war ar industries Indu stiles board as chairman of the lie li new w organization are fifi muel T bush of columbus 0 anthony antholiy callet netti commissioner of immigration thomas Tho vIls K ea glenn of atlanta GB ga george R W ajames 1 james of memphis tenn T cdowell 0 powell of cincinnati william za SL ritter hitter of west virginia to fix price levels the clifert ahle purpose buthe of the new neny board it was as announce announced if is to bring about the operation of the IBM s of supply and demand man interfered with by the process of war to this end conferences will be held with representatives of the chiefs of industries Ude to decide elile on prices to be offered to td the nation as ill the 6 governmentally ern mentally approved judgment judg inen t on oil a price scale low enough to ed encourage courage buying and the resumption of normal activities at As soon as a stable und and wholesome oal scale of prices Is achieved 11 said bald tile announcement the co cost f of living will have hae so far been reduced as t to 0 create automatically reductions in the price of labor without interfering with Ameri american carf standards standard and ideals for the treatment and living conditions of IA labor and thus tile the last inflating 9 element clement will have been withdrawn from prices it Is believed that industries will agree that the cost coat of living must be substantially reduced before labor should be asked to accept lower wages and thus industry should stand the first shock of readjustment |