Summary

Byron White United States v. Cohen Grocery Company… (1921)

District Judge Hand, of the Northern District of New York, in his charge to the grand jury, said:
"Furthermore, it is not the particular profits that the individual himself makes which is the basis of the unreasonable charge, but it is whether the charge is such as gives unreasonable profit-not to him, but if established generally in the trade. The law does not mean to say that all people shall charge the same profit. If I am a particularly skillful merchant or manufacturer and I can make profits which are greater than the run of people in my business, I am allowed to make those profits.
Source: Wikisource

Byron White United States v. Cohen Grocery Company… (1921)

It will be observed that the statute does not declare it unlawful to make an unjust or unreasonable profit upon sugar. The profit made is not the test, and may be entirely irrelevant to the guilt of the defendant. He may, within the language of the statute, make an unreasonable and therefore unlawful 'rate or charge' without making any profit, or the rate or charge made may involve a loss to him upon the purchasing price.
Source: Wikisource

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