Sugar price cut sparks debate on competition
The American Crystal Sugar Cooperative said it would reduce sugar prices by 5.25 dollars per hundredweight to meet the competition, though retailers will set final consumer prices. The columnist questions the idea of competition amid rising, collusive price increases across goods, calling for honesty and noting signs of inflation rather than recession.
MENTIONED IN THIS ARTICLE
American Crystal Sugar Cooperative
Co-Op
Department of Agriculture
FEA Eyes Gas Card System to Allocate Fuel
The Federal Energy Administration revived a credit card style plan to ration gasoline. Cards would carry name, signature, and driver license number, checked at service stations and imprinted with purchase details. copies would be mailed to state motor vehicle departments.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy Administration
State Motor Vehicle Department
Gas ration plan could use credit cards under study by FEA
Jack Anderson reports the FEA plans a Program for Allocation at Retail using optical read cards to track purchases, subtract from monthly allotments, and bill excess gas. The system aims to curb black market gas, fund operations, and improve distribution, with a Dec Camp David energy summit possible.
MENTIONED IN THIS ARTICLE
FEA
White House
Camp David
Mills and Mills as Viewed From A Political Spotlight
A blunt portrait of Rep. Wilbur Mills and the Ways and Means Committee, detailing Mills private life, public power, and the fallout after his scandal. The piece argues the chairman’s influence remains vast yet his judgment is questioned amid personal excess and shifting political winds. It also notes executives face new pressures and need broader vision to navigate 1960s challenges.
MENTIONED IN THIS ARTICLE
New York
Eugene Jennings
Michigan States University
Jennings
Ways and Means
Mills
Congress
Executive turmoil and leadership doubts across corporate roles
An executive survey outlines consumer distrust in markets for price setting, falling profits, and rising debt levels. It examines finance struggles with liquidity, dividend pressure, and access to capital while governance shifts demand more transparency from directors and managers. The piece notes widespread uncertainty about finding and developing future corporate leaders.
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