In the very early days of the war, Dean Edwin F. Gay of the Harvard Graduate School of Business Administration, recognizing the inevitability of more or less price-fixing during the public emergency which the country confronted, at the same time called attention to the very serious complications which were likely to follow as a result of it. Of a truth, the likelihood which he then foresaw has since been translated into the realm of actuality. We refer not alone to the many difficulties which price-fixing encountered by the way while the war was still on, but more especially to the anomalies consequent upon it, which have come into hold relief since the signature of the armistice. Boston Transcript.
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