The Archive · 1941

Removal of Restrictions

Despite these measures, however.

was felt that' the real solution was" the removal of all. restrictions and taxes and a free flow. to Shang-hal of commodities from the producly. areas around the elly.

he report yoos on to state:—There wasan advance in prices towards the end of April and carly Muy' and the Council gave notice sellers of necessary that measures would be taken against any person who exploited fluctuations in the exchange value of the Chinese dollar in Urder to. Increase their prices in an unjustified manner. addition the Couneit addressed, the Shanghai Provision Merchants Asso-lation, the Canned Food Goods "Aswvetition und the Shanghai Market Deulers! Association Informing them oot the necessity of giving the public the benefit of exchange betterment fah soon as it occurs, by a reduction in, retail prices charged, wae _organiaations were also ins formed that should excessive charges continue and there be further at-empts to frustrate the: measures of innelloration of livelihood introduced Uythe Counelldaste steps. might hhucewary for the public good. There followed an (mediate, chough Siva, "reduction" in pres" ghd vet application o€ he Couns Giitemgntof the placing of Price thya om base eummodtien, ha"June the: Counci approved of the! formation of body fis ull Aline "amtlals "(naw gown a the Price investigation mice) to. work conjuneion with representatives the French sfunteipal Pie Cone {tol "Gommtive tu an cert fo our abuses in con Health Departrent vas put hun-charge of that. body which submitted recommendations te tire Coun ell htuugh the Supplies Submittee and at the close of the year the Council issued a communique stating that, the functions of the Price Investigation Oicy have been collect information regarding Wholesale und retail prices, and Variations in the prices of baste commodities; to compile such information with a view to demonstrate Ing diserepaneles, if any, in pices ff identical basic commodity and 10, Investigate profits on them.

Text read from the printed page and cleaned; old type leaves the occasional error.

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