Washington, Dec. 13.
Figures showing that profits. ranging from 20 to 362 per cent. on thr invested capital were made during the War by scores of -companie! manufacturing war material were submitted to-day to the Senate In uiry Committee. Th numerous eases large companies showed profits ranzme from 40 to 78 per cent, 'Mr, Pierre clu Pont, of the firm of clu Pont de Nemours & Ca, which has hitherto figured targely' in ths Inquiry. protested that the profit figures given were misleading, as the Government had. recovered. 80" po" cent. of the profits through the tax on excess profits.
Meanwhile, it has become clear that the programme to be drawn up Mr. Bernard M. Baruch, Gen. Hug Johnson and others. ni President will contri 1. Should a war break, out prices will be "frozen" immediately, to prevent them going sky high.
'2. War profits. will be_nullifed by drastic taxation. In this connection, a 95 per cent. tax on il) incomes above the average for the previous three years will be urged.
'3. Machinery will be created for the, swift mobilization of the nation's industrial resources in time of confliet—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.
