Impending Tevision of N. R. A. Price Controls
Amounting volume Of Complaint that unjustified increases in price have taken place in industries operating under codes of fair competition has led the National Recovery Administration to undertake a reexamination of the price control provisions of all its codes. Price control devices, or other devices which may be employed directly or indirectly to fix or to influence prices, appear in virtually all codes of fair competition approved to date for important industries.
The recent general hearings at Washington on administration and improvement of the codes brought out numerous complaints of the elimination of price competition, as well as evidence that the open price systems for which provision is made in many of the codes had been used to ...