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Symington Seeks 40 Million for Price Control Setup
AP reports that Senator Symington told the Senate appropriations committee the administration plans a 40 million dollar push to build a new agency for price controls by April next year. He outlined seven actions including defense order priorities, production programs, and regional offices to supervise price administration with decentralization to local boards. The move accompanies a bill granting the president power to apply price wage controls and rationing if needed.
MENTIONED IN THIS ARTICLE
Congress
W. Stuart Symington
National Security Resources Board
Truman
Symington
Senate Appropriations Committee
Appropriations Committee
Departments of Commerce, Interior and Agriculture
Federal Reserve Board
Commerce Department
Interior and Agriculture