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In other words, a great reduction took place in middlemen's charges, amounting to between 15 per cent and 30 per cent depending upon the basis of calculation adopted. These decreases have come out of the elimination of speculation and profiteering. The course of retail prices corroborates these results also.
They were doing a little special profiteering of their own and, bless your life, there wasn't so much as a blade of grass left in the yards, even the trees had been cut down and sold for wood. And you say she never mentioned it?" "How could she? But, after all, I suppose the question goes deeper than that?"
Such a League, even if limited to two hundred members, could by its concerted action exercise a very remarkable effect. Suppose we decided to attack profiteering. We should choose our shop a hosier's, let us say. Beginning on Monday morning, a member of the League would go in and ask to be shown some ties.
Those responsible for the conditions in this industry should undertake its reform and free it from any charge of profiteering. The report of the Coal Commission will be before the Congress. It comprises all the facts. It represents the mature deliberations and conclusions of the best talent and experience that ever made a national survey of the production and distribution of fuel.
I did not then know that this was due to the nationalization of trade and a sort of general stock-taking, the object of which was to prevent profiteering in manufactured goods, etc., of which there were not enough to go round. Before I left many shops were being reopened as national concerns, like our own National Kitchens.
"Personally, I call war profiteering criminal, I call a good many Stock Exchange deals criminal, and," he added, turning to a member of the committee who was hovering in the background, "I call it criminal to expect us to drink French vermouth like this." "There is another point of view," the latter retorted.
But at the same time only 2 instead of 3 coupons were to be used for fresh meat, so as to cut down further the slaughtering of cattle. Heavy fines are imposed for wasting food or profiteering. In the restaurants the meat portions are about a fifth of the size of those served in an American hotel.
Subjective illegality would arise from the person trading for instance, the clergy or the motive with which trade was undertaken; objective illegality on account of the object traded in, such as weapons in war-time, or the bodies of free men. Speculative trading, and what we to-day call profiteering, were forbidden in all circumstances.
This seems a hard thing to say, but nevertheless it is true. The so-called "working-classes" had developed an appetite for wealth and power that nothing could satisfy. This appetite was being fed continually, but the more it devoured the more voracious it became. Nor did the shameless profiteering of the wealthy tend to allay it in any way.
He was going to knock on the kitchen door, but he bethought him to make a supplementary inspection of the tumbled down porch roof. There could be no two opinions about that; even a profiteering landlord would have admitted the condition.
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