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Letter on Monopolistic Practices Raising Living Costs.
Franklin D. Roosevelt · 1937-11-16 · letter · app · 687 chars · original · plain text
Franklin D. Roosevelt, "Letter on Monopolistic Practices Raising Living Costs.," 1937-11-16. The American Presidency Project, https://www.presidency.ucsb.edu/documents/letter-monopolistic-practices-raising-living-costs
Cited by
- mechanism Letter to the FTC on monopolistic practices raising living costs — “request the Federal Trade Commission to make an immediate investigation into such alleged practices and methods”
Text
My dear Mr. Ayres:
My attention has been directed to reports of a marked increase in the cost of living during the present year, as compared with recent years past, attributable in part to monopolistic practices and other unwholesome methods of competition.
I believe it to be important to know the facts touching this situation, and, therefore, request the Federal Trade Commission to make an immediate investigation into such alleged practices and methods and report to me as early as practicable.
I understand such inquiry can be made without any increase in your current appropriation.
Very sincerely yours,
Honorable W. A. Ayres, Chairman, Federal Trade Commission, Washington, D.C.