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Nixon Could Face Harsh Inflation Measures Under Strain
AP analyzes mounting pressure on the Nixon administration as voluntary wage price guideposts fade. Expect potential wartime style controls on wages prices and credit amid rising costs. Economists warn of a tough period ahead while investors doubt White House handling of inflation and the stock pledge.
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New York
Nixon
House
Southeast Asia
Lionel D. Edie & Co
Chase Manhattan Bank
Pierre Rinfret
White House