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TV Makers Seek Looser Credit Terms in Lets Be Altered
Washington June 1 7 The TV industry asked Congress for more liberal credit terms for set buyers and a suspension of Regulation W citing hard times. Robert A Tait of Rochester NC testified the industry faces significant employment losses and lower production while debates on wage controls and defense mobilization continue. The report covers wage stabilization boards talks with Eric Johnston and the White House plan to grant emergency reserve powers, plus strikes looming at Westinghouse and Bethlehem Steel shipyards amid wage disputes and production cutbacks.
MENTIONED IN THIS ARTICLE
Washington
Congress
Robert A.tait
Rochester
N. C
House Banking Committee
Federal Reserve Board
Tait
Herman W. Ste Kraus
Chamber
Paul M
Herzog
NLRB
WSB
Jabor
White House
Federal Reserve System
Federal Reserve
The
Treasury
Defense
Charles E. Wilson
Snyder
Reserve Board
William M. Martin Jr
Leon Key. Sovling
President's Council of Economic Advisers
Manly Fleischmann
NPA
This!s
New York
Bethlehem Steel Co