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Wilson Ready To Move Fast On National Controls
The government will speed up price and wage controls with a general price freeze likely within a week as defense mobilization intensifies. President Truman outlines a manpower policy favoring voluntary measures now and mandatory controls if needed, while the Defense Department seeks an $87 billion arms program to expand production for 50,000 planes and 35,000 tanks annually by mid-1952. The Senate panel plans a public hearing with Wilson and Harrison to discuss controls, with lawmakers praising speed and urging decisive action.
MENTIONED IN THIS ARTICLE
Truman
Defense Department
Congress
Defense Mobilization
Charles E. Wilson
Philadelphia
Sparkman
Alabama
Wilson
Saltonstall
Massachusetts
Tobey
New Hampshire
O’conor
Maryland
Economic Stabilization Agency
ESA
Fair Employment Practices Commission
FEPC
Pentagon