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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jul 02, 1952
Page
5
Washington reports House wives were warned food bills will rise with new price controls blamed for limited inflation protection. Price Stabilizer Elis Arnall predicted higher costs for mill products, dairy, fruits, vegetables, and canned goods as ceilings adjust under the act while Truman cautioned against broad price hikes.
Washington reports President McFarland’s push to finish 8 dozen major bills with a 48 hour Senate session to break a filibuster on a plan allowing manufacturers to fix minimum retail prices on name brand products. Opponents warn the measure undercuts anti trust laws and raises consumer prices by about 1 billion dollars annually.
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