Section 1
SECTION 1. It is the policy of this Act to prevent locally or generally, scarcity, monopolization, hoarding, speculation, manipulation and profiteering affecting the supply distribution and movement of both imported and locally manufactured or produced rice, corn, flour, canned fish (sardines, squid, mackerel, herring, salmon), coffee, canned milk, canned meat (corned beef, Vienna sausage, meat spread), fresh and frozen meat, textbooks, paper and paper products and other materials used for printing of newspapers, magazines and textbooks, antibiotics and other essential drugs, essential surgical, essential dental materials, and textiles (blue denim, khaki, cotton piece goods with thread counts of from 60/48 or 110 per square inch to 80/80 or 165 per square inch).