Monday, Jan. 08, 1940
Fire Out
When war started four months ago it caused a good many price fluctuations in the U. S. Few were so extreme as the retail price of sugar, which between Aug. 31 and Sept. 10 rose from 5-c- to as much as 10-c- in some stores. Result: Franklin Roosevelt made an example of sugar, removed the quotas controlling production and importation, effectively reduced the sugar price to about its pre-war level. Last week, the emergency passed and the ghost of 1915-20's sugar shortage laid, Franklin Roosevelt proclaimed new sugar quotas--a trifle smaller than 1939's--for the year 1940.
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