Cold Comfort for Planners

Last week the Bureau of Labor Statistics index of wholesale prices crossed 100, indicating that the U.S. price level is back to its 1926 level. But not even Washington could claim to have planned it that way. All during the '30s when the Government was trying to push prices up via the Dr. George F. Warren sponsored commodity "rubber" dollar, and other devices, they stubbornly refused to go up to the 1926 goal. Now, when the Government is trying to hold prices down, they went up all too readily.

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