...orders. Section (2) of the act provides that as a condition precedent the Administrator must find that "the price or prices of a commodity or commodities...extent or in a manner inconsistent with the purposes of the act * * * " etc. No showing has been made nor can be made that this is the case as respects wool...

...concerned. 1. The proposed legislation provides, basically, that whenever in the judgment of the President prices of a commodity or commodities have risen or...extent or in a manner inconsistent with the purposes of the act, the ' For listing of statutes, see Note: State Regulation of Prices Un-ler the Fourteenth...

...terminates on June 30, 1943. 2. Selective and general ceilings. — The House bill provides that whenever "the price or prices of a commodity or commodities have risen or threaten to rise" inconsistently with the purposes of the act, the Administrator may establish "such ceiling or ceilings...

...terminates on June 30, 1943. 2. Selective and general ceilings. — The House bill provides that whenever "the price or prices of a commodity or commodities have risen or threaten to rise" inconsistently with the purposes of the act, the Administrator may establish "such ceiling or ceilings...

...Administrator (provided for in sec. 201 of the bill), whenever in his judgment the prices of one or more commodities have risen or threaten to rise to an extent or in a manner inconsistent with the purposes of the bill, to establish such maximum prices as in his judgment will be generally fair and equitable...

...act : SEC. 2. (a) Whenever in the judgment of the Price Administrator (provided for in section 201) the price or prices of a commodity or commodities...Inconsistent with the purposes of this Act, he may by régulation or order establish such maximum price or maximum prices as in his judgment will be generally...

...what your authority is. Mr. BROWN. Yes. The authority under section 2 (a) of the January 30 act is: Whenever in the judgment of the Price Administrator the price or prices of a commodity have risen or threaten to rise to an extent or in a manner inconsistent with the purposes of this Act,...

...similar language contained in section 2 (a) of that act which reads substantially as follows: That whenever, in the judgment of the Price Administrator, the price or prices of commodity or commodities have risen or threaten to rise to an extent, in a manner inconsistent with...

...GALBRAITH. It is in the act. Mr. ALLEN. Equitable for the industry as a whole? Mr. GALBRAITH. Yes. Whenever, in the judgment of the Price Administrator...prices of a commodity or commodities have risen or tend to rise to an extent or in a manner inconsistent with the purposes of this Act, he may by regulation...

...proceed, therefore, to examine the statute. The Powers Conferred. When, in his judgment, commodity prices have risen, or threaten to rise, "to an extent or in a manner inconsistent with the purposes" of the Act, the Administrator may establish "such maximum price or maximum prices as in his judgment will...