War Time Control of Distribution of Foods a Short History of the Distribution D
War Time Control of Distribution of Foods a Short History of the Distribution D
Albert N Albert Newton Merritt
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These Price Interpreting Boards were assisted in their work with a list of suggested margins. Previously these margins of profit were left to the interpretation of the committee of its view of a normal pre-war profit, with no guidance from the Food Administration except the presence and advice of its representative, and the specific margins which had been announced on flour and sugar. Under the new plan, the Price Interpreting . 112 DISTRIBUTION OF FOODS Board had a list of maximum margins whic...h the United States Food Administration suggested as fair, these margins being added to the cost as found by the Board, and the resulting prices published. These published prices were to be construed as the fair price for which any particular food commodity should be sold and this price could not be exceeded by the retailer without an explanation of the reason therefor. There were to be two prices published ; the lower price was to be the maximum for " Cash and Carry " stores, and the higher price to be the maximum for " Credit and Delivery " stores.
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