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Cost of Living to Mount in Vicious Circle
Basil McManly/ington argues that after railroads return to private owners on March 1 freight and passenger rate hikes will trigger massive cost of living increases. He cites figures from Director General Hines and the Commerce Commission, warning of a self-perpetuating cycle of higher costs, wages pressure, and declining foreign trade, should the Cummins bill pass.
MENTIONED IN THIS ARTICLE
U.S
Basil Mc Manly
Ington
Con Mh
In Commerce Commission
Wilson Ty
General Hines
Santa Fe
Hines
Director General Mines
United States