Prices And Price Control in Great Britain And the United States During the World War

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This was done on December 22, 1916, when the New Ministries and Sec- retaries Act (6 and 7 Geo. V, ch. 687) was passed. ' The act authorized the King for the purpose of economizing and maintaining the food supply of the country to appoint a Food Controller, the latter to "hold office during His Majesty's pleasure." Upon the Food Controller has been placed the duty to regulate the supply and consumption of food as well as to encourage its production.
In accordance with this act certain of the De
...fense of the Realm (Consolidation) Regulations which were issued at the outbreak of the war were so amended as to confer on the Food 1 Monthly Review of the U. S. Bureau of Labor Statistics, March, 1917, p. 398.
no PRICES AND PRICE CONTROL DURING THE WAR Controller some of the powers which heretofore were vested in the Board of Trade. The new regulations give the Con- troller large discretionary powers with respect to the issue of orders regulating the production, manufacture, treatment, storage, distribution, supply, sale or purchase of any article (including orders as to maximum and minimum prices).


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