494 
Editorial. 
f  Am.  Jour.  Pharm. 
August,  19 19. 
Retail  dealers  must  keep  a  daily  record  of  narcotic  drugs  dis- 
pensed showing  the  rate  of  sale,  signature  of  purchaser,  address 
of  purchaser  and  name  and  quantity  of  the  preparation  or  remedy 
sold.  The  record  of  untaxed  narcotic  drugs  sold  on  prescriptions 
must  show  the  quantity  of  drug,  name  of  drug,  secial  number  of 
prescription,  and  name  and  address  of  person  to  whom  sold.  Pre- 
scriptions calling  for  exempted  narcotic  preparations  or  remedies 
must  be  kept  on  a  separate  file. 
The  government  will  not  furnish  blanks  upon  which  to  keep 
these  records. 
All  entries  on  the  daily  record  must  be  made  at  the  time  of  sale. 
ANOTHER  STEP  TOWARD  PRICE  MAINTENANCE. 
In  commenting  on  the  recent  decision  of  the  United  States 
Supreme  Court  in  the  "Colgate  Case"  (American  Journal  of 
Pharmacy,  July,  485)  the  opinion  was  expressed  "That  this 
decision  will  undoubtedly  have  an  important  bearing  upon  the 
future  course  of  the  Federal  Trade  Commission  and  may  even  be 
considered  a  long  step  in  the  direction  of  modifying  the  interpreta- 
tion placed  upon  the  Sherman  Anti-Trust  Act  or  preferably  its 
modification  by  legislation  that  will  promote  fair  methods  of  trad- 
ing and  the  restriction  of  unscrupulous  price-cutting."  This  pre- 
diction has  been  verified  even  more  quickly  than  we  dared  to 
hope  for. 
In  a  special  report  to  Congress  the  Federal  Trade  Commission 
(on  July  12)  renewed  its  recommendation  made  last  December 
that  manufacturers  be  permitted  by  law  to  fix  and  maintain  resale 
prices,  subject  to  review  by  a  disinterested  agency. 
The  commission  says  that  such  a  law  would  remove  present 
complexity  in  the  business  world,  promote  the  efficiency  of  manu- 
facturing and  commercial  institutions  and  serve  the  interest  of  the 
consuming  public. 
Under  the  commission  recommendation,  manufacturers  desir- 
ing to  fix  and  maintain  resale  prices  would  file  with  an  agency  to 
be  designated  by  Congress,  descriptions  of  their  articles,  contracts 
of  sale,  and  the  price  schedules  to  be  maintained.  The  disinterested 
agency  would  be  charged  with  the  duty,  "upon  complaint  of  any 
dealer  or  consumer  or  other  party  at  interest,"  to  review  the  terms 
of  contracts  and  prices. 
