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Newspaper
Dillon Examiner
Location
Dillon, Montana, United States of America
Date
Jul 16, 1952
Page
10
Congress passes a compromise bill extending wage and price controls to April 30, 1953 with decontrol of canned fruits and vegetables. It tightens credit rules, restructures the Wage Stabilization Board, and outlines housing and rent provisions while monitoring allied actions in Korea and the cost of political campaigns.
Wheat price supports for the 1952 crop average 2.20 a bushel, up from 2.18 last year and 1.99 in 1950, with July 1 parity at 2.45. Reports of warehouse dumps in Kansas reflect storage strain amid bumper crops. Acheson’s Berlin trip yielded a strong Western defense pledge, while a Truman order limits recruiting of deferred farm workers and grants temporary craft apprenticeships. Stevenson signals possible acceptance of a draft nomination.
Drew Pearson critiques State Department errors including the Lattimore case and slow action on the China lobby, notes Franco negotiations over bases and arms, and questions air force concerns about a missing B 29. He also praises John Dunlap's merit based selection of new IRS collectors.
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