« PreviousContinue »
mittee appointed by the Mayor to aid in the adjustment of rents was designated a Commitee on Rent Profiteering. Its usefulness was somewhat impaired because of the name. Many landlords who did not consider that they were profiteering did not on that account submit to the efforts at conciliation which that committee attempted. An impression is created that one who owns property is an undesirable. Necessarily, an effect follows upon the man who has money to invest. He finds other forms of investment, by reason of which he will not be held in public disfavor.