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Voluntary Wage and Price Guidelines Draw Mixed Local Response
Area business leaders express cautious to skeptical views on President Carter's voluntary inflation plan. Timmerman notes no new ideas and urges top‑level spending cuts. Holley sees difficulty in universal adherence. Smith calls the idea ineffective with limited impact. Southern Bell supports the concept but cites regulatory uncertainties. Universal Manufacturing doubts meaningful effect on its metal work operations.
MENTIONED IN THIS ARTICLE
Carter
Robert P. Timmerman
Graniteville Company
Timmerman
H. Earle Holley
Palmetto Federal Savings and Loan
Lionel Smith
Lionel Smith Ltd
Luther Rigby
Southern Bell
Aiken
Bob Barnett
Universal Manufacturing