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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Jul 27, 1948

Page

6

President urges action to curb inflation and housing in special session

President Truman appeals to Congress to act now against inflation and the housing shortage, warning that delays could trigger world instability. He cites rising prices, cost of living, and industrial price hikes, noting eight months of inaction since the last comprehensive ant inflation program and urging swift enacted measures.

Washington Congress

Ant inflation program urged to curb rising prices

The speaker argues prices outpace production and calls for direct inflation control. He urges Congress to enact a strong ant inflation program with excess profits tax, consumer credit controls, broader Fed authority, commodity exchange population limits, allocation and inventory controls for scarce goods, and rent measures.

Treasury Federal Reserve Board Bs

Price controls and wage policy for inflationary pressures

The speaker argues for strengthened controls and appropriations to enforce price limits, with standby authority to ration scarce health affecting products. He urges authorized price ceilings on essential commodities tied to industrial production and rising living standards, stressing that wage increases should be noninflationary and absorbed within price ceilings.

Kagnem

National Housing Legislation Urgently Needed in Congress

The editorial calls for federal housing measures to cap rents where appropriate and adjust wages to avoid hardship. It argues time is wasted and delays worsen hardship while urging a balanced program to aid moderate income families and expand rental housing to curb rising costs.

Congress Onid

Also Mentioned on This Page

United States Free Nations Europe Truman Harold W. Lemp Optometrist Life Magazine Grants Stanees W. T. Grant CO Dept M-14 Syracuse N.Y W.t.grant CO Salina Warren Aimee Mustival Man Founas Office Tors Punica Rons Suitun Beacrtt Sarge Ee Belinte Connie Verve Bell-Ars Ned Bisonal Finance CO Evecott Safin Steel Fin Stoat Mahon Lehusae LaRoy Fulion Onnen Ceinetinan Yelompany Wes Ted Fe Ava Or. Man Orsi Float St Natie Pontine Hotel Teeth Auburn York Aloe Adiair S. Warren Onondaga Hotel Lincoln Paul T. Henson, Inc Genesee Street New York John M. Henson Valley Drive Goulet Motors, Inc Baldwinsville, New York
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