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Curtailed Production Prompts Inflation Debate
Western Newspaper Union reports on Baruch urging reduced production and wary stance on aiding foreign nations to fight inflation. He argues tax cuts alone won’t curb inflation and warns against politics in economics while calling for resource stockpiling and prudent farm policy. The piece ties these ideas to U S labor and wartime finance and critiques Attlee timely to secure funds for socialism. It closes with a note on Truman wage policies and a brief history of the Duryea Motor Wagon Corp.
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