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Tag Archives: price controls
“undermining Petersburg”
A Southern correspondent reported that Grant was going to be leaving Petersburg any time soon; if he dug tunnels for mines at Vicksburg, you could expect the same in his latest siege. Price controls were making it impossible for First … Continue reading
Richmond voters against maximum prices
150 years ago yesterday a referendum was held in Richmond so that voters could let their state representatives know whether or not the voters supported the “maximum bill” (price controls) that was being considered by the Virginia legislature. It didn’t … Continue reading
price ceilings sound great
experience shows they don’t work out In last week’s post about price controls and the money supply I focused on the money printing. However, the price control part of the Richmond editorial was apparently alluding to a “maximum bill” to … Continue reading
beef prices
It’s been almost six months since the Richmond Bread Riot, but scarcity and inflation are still making life difficult in Richmond. Here a group of butchers are willing to comply with a government request that they regulate their beef prices … Continue reading
The Price Is Wrong
Price Controls in Richmond From the Richmond Daily Dispatch April 22, 1862: Seizure of eggs. –The Chief of the Provost Marshal’s Police seized on Saturday a couple of barrels of eggs, belonging to a man who had been selling them … Continue reading