Wage-Price Freeze Rules Outline Phase II Increases
The Price Commission allows price increases only when justified by cost rises after Nov 14, 1971, with annual aggregate limits of 2.5 percent and productivity adjustments. Manufacturers and services may not exceed freeze levels unless costs justify increases, and pretax profit margins must not rise beyond base periods. Retail and wholesale prices follow initial markups tied to cost, with base period prices posted by Jan 1, 1972. Rent freezes continue with specific exemptions for certain property.
MENTIONED IN THIS ARTICLE
The
Price Commission
Daily Bee
Fri
Rent Advisory Committee
Cost of Living Council
Potato Growers Urged to Organize Amid Redistricting Pressure
A USDA official urged potato growers to organize as reapportionment threatens rural-dominated districts. Deputy Undersecretary William Galbraith told the National Potato Council the party may drop to 24 or 25 congressmen with 20 percent rural constituencies. He blamed farm population decline and defended agri business critics. Delegates elected Scotty Falconer as president with Merle Anderson as vice president and Louis Wyocksi as secretary. Officers re-elected were Clarence Parr, David Clark Jr., and Seth Bradstreet. The council pressed for higher prices for processed potato products.
MENTIONED IN THIS ARTICLE
Burley
UPD
U.S. Department of Agriculture
William Galbraith
Congressional Relations
National Potato Council
America
Galbraith
New of Agriculture
Earl L. Butz
Butz
Galgraith
Wren
Senate
N.A
Scotty) Falconer
Goods
Fla
Donald Johnson
Bakersfield
Calif
Merle Anderson
Climax
Minn
Louis E. Wysocki
Custer
Wis
Anderson
Clarence Parr
Idaho
David R. Clark Jr
Grandview
Wash
Seth Bradstreet
Newport
Maine
Federal Economic Stabilization Board
Also Mentioned on This Page
Internal and Revenue Service
Babe” Rogers
Alpine Motors
Rogers
Bonners Ferry
Bee Photo
Borth
IVVO
By Skorten and
Whipple
Howard Post
Alf
Hopin
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