Jasper County Democrat, Volume 23, Number 19, Rensselaer, Jasper County, 2 June 1920 — GENERAL AND STATE NEWS [ARTICLE]

GENERAL AND STATE NEWS

Telegraphic Reports From Many Parts of the Country. SHORT BITS OF THE UNUSUAL Happenings In the Nearby Cities and Towns—Matters of Minor Mention From Many Localities. PROFITEERS ARE FINED $31,000 Weed’s, Inc., Binghamton Clothiers, Found Guilty in U. S. Court. Syracuse, N. Y., May 29. —Weed’s, Inc., Binghamton clothiers, tried in United States court under Justice Martin T. Manton here, were found guilty today on all of eight counts in a federal indictment charging profliteering. The court Imposed a fine of 131,-. 090 on the firm. Six counts covered sales actually made and a fine of 15.0M1 was Imposed for each of them. The charges In these counts were as follows:' Sale of a suit of clothes costing, S2O for S4O; sale of a suit costing $12.10 for S4O, the defense dispute Ing the cost price, asserting it was s2l Instead of $12.10; sale of another suit for $45, the cost price being fixed at $23.30; sale of a suit costing $17.82 ‘for $45; sale of a suit of clothes for $29.50, the cost price of the suit having been $11.75, and sale of a suit costing $23.25 to a millionaire for S6O. The fine, as Imopsed by Judge Manton, is the largest that has been passed in the United States following a conviction for profiteering. Department of justice officials here today declared the conviction was the second obtained against a large and long established concern conducting a prosperous business, in the entire country.