William Daum Euler (Minister of National Revenue)
Hon. W. D. EULER (Minister of National Revenue):
The department has had complaints of importations of furniture from the southern states at prices which were, it was claimed, less than cost. The department had certain investigations made, and these claims were to some extent substantiated. As a result of that, believing that fair market value means at least the cost of goods, instructions have been given to re-appraise furniture that is coming from that source pending further investigation.
Topic: IMPORTATION OF FURNITURE