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Inflation and rationing threaten American life in wartime
A Western Newspaper Union release argues that government spending on war materials raises wages and consumer demand, while priorities boards limit civilian goods. It warns of shortages and rising prices, with rationing or price fixing as possible remedies, and cites John Doe’s $4735 farm debt with $142 annual interest as a glimpse of national indebtedness amid wartime policy. It contrasts labor and capital as partners and recalls WWI bootlegging of rationed goods, then notes constitutional limits on war power and a forecast of toward totalitarianism by some scientists and economists.
MENTIONED IN THIS ARTICLE
Priorities Board
England
John Doe
Congress
John
United States