Curtailed production seen as inflation root by Baruch letter
Western Newspaper Union reports a Baruch letter to congress critiquing inflation tied to reduced production and government spending. It argues political economics pressuring decisions over economic reality, warns against foreign asset sales to Britain and urges focus on production and restraint in wage hikes.
MENTIONED IN THIS ARTICLE
Washington
Labor Management Conference
New York
Detroit
England
Czechoslovakia
France
Russia
Truman
Ickes
Anderson
Baruch
Attlee
Socialist Party
Britain
Peace and inflation loom in postwar policy talks
The column reviews the push for a department of peace led by Raymond M. Davis and Rep. Jennings Randolph, praising Davis as a spark behind peace legislation. It warns Bowles faces inflation battles, outlining consequences for life insurance, pensions, widows, teachers, civil servants, and endowments, with a note on Truman’s 1948 plans.
MENTIONED IN THIS ARTICLE
Department OF Peace
House Foreign Affairs Committee
Star Wvitness
Morgantown
W. Va
Sol Bloom
Raymond M. Davis
United States
Charles Eaton
New Jersey
Mr. Davis
West Virginia
Davis
United Nations
State Department
San Francisco
Jennings Randolph
Congress
Moses
Chester Bowles
Washington
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