XN000022-1974-04-07 — Page 3

SUNDAY, APRIL 7, 1974

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+COLLECTIVELY THEY MAKE UP A VERY STRONG TEAM WHOSE

CONTRIBUTION WILL BE INVALUABLE IN MAKING THE COUNCIL AN

EFFECTIVE BODY.

+THEY HAVE PERSONAL KNOWLEDGE OF THE PROBLEMS CREATED

BY RECENT PRICE INCREASES OF VARIOUS COMMODITIES.

+

I AM

SURE THAT THE CONSUMERS WILL FEEL THAT THEY ARE WELL

REPRESENTED, + HE SAID.

→

SIR YUET-KEUNG SAID THE COUNCIL WOULD BE GETTING DOWN

TO BUSINESS STRAIGHT AWAY AND WOULD HOLD ITS FIRST MEETING

ON WEDNESDAY CAPRIL 10).

THE COUNCIL'S TERMS OF REFERENCE ARE:

A. TO COLLECT INFORMATION ON THE PRICES OF A SELECTED

RANGE OF COMMODITIES, AND ON THE WORKINGS OF THE

WHOLESALE AND RETAIL MARKETS IN THEM-

B.

TO RECEIVE AND CONSIDER SUGGESTIONS AND COMPLAINTS,

INCLUDING COMPLAINTS OF PROFITEERING AND

ON THE BASIS OF ITS CONCLUSIONS ON CA) AND (B)>:-

C.

1.

TO PUBLISH THE FACTS=

2.

TO ACT ON PUBLIC OPINION TO DETER CLEAR-CUT

3.

CASES OF PROFITEERING, AND

TO ADVISE THE GOVERNMENT IF SCOPE FOR EFFECTIVE

OFFICIAL ACTION IS DISCOVERED.

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*