The Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1950 |
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Page 7
... steel mills , and we ought to regulate the com- modities , and you found out afterwards that you were entirely wrong . I do not want to spend all my day listening to you ramify without the privilege of asking questions about this ...
... steel mills , and we ought to regulate the com- modities , and you found out afterwards that you were entirely wrong . I do not want to spend all my day listening to you ramify without the privilege of asking questions about this ...
Page 27
... steel tomorrow . We have the price of apples , and so on , because of freight rates and other things , the cost of processing , picking , packaging , all being so high that the people cannot buy them . They would buy them if we could ...
... steel tomorrow . We have the price of apples , and so on , because of freight rates and other things , the cost of processing , picking , packaging , all being so high that the people cannot buy them . They would buy them if we could ...
Page 44
... steel today as compared with 1921 ? Other building materials ? Comment . - The behavior of business with respect to the mainte- nance of output through price reductions , it appears to us , cannot be tested by comparing the degree of ...
... steel today as compared with 1921 ? Other building materials ? Comment . - The behavior of business with respect to the mainte- nance of output through price reductions , it appears to us , cannot be tested by comparing the degree of ...
Page 45
... Steel is clearly one area where price reductions will be necessary . Steel prices , unlike most other prices , were very stable during the decline . in the first half of 1949 even though steel output declined very sub- stantially ...
... Steel is clearly one area where price reductions will be necessary . Steel prices , unlike most other prices , were very stable during the decline . in the first half of 1949 even though steel output declined very sub- stantially ...
Page 46
... steel ; ( 2 ) automobiles ; ( 3 ) many building materials ; and ( 4 ) residential construction . These have been discussed under questions I - 1 and II - 5 . The Council has not proposed a program for the administered price problem but ...
... steel ; ( 2 ) automobiles ; ( 3 ) many building materials ; and ( 4 ) residential construction . These have been discussed under questions I - 1 and II - 5 . The Council has not proposed a program for the administered price problem but ...
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Common terms and phrases
Administration agencies agricultural amount authority bank BASSIE billion dollars Board bonds budget Bureau CHAIRMAN CHING committee commodities Congress consumer consumption corporate cost of living Council debt defense Defense Production Act deficit demand ECCLES Economic Report economist effect employment estimates expansion expenditures farm Federal Reserve Federal Reserve System financing fiscal policy funds GAINSBRUGH going Government bonds Government securities gross national product important increase industry inflation inflationary interest rates inventories investment KEYSERLING KREPS labor LAWTON loans ment military monetary national income output over-all PATMAN percent period present President price and wage price controls problem production profits projects Public Law purchasing power question recommendations Reconstruction Finance Corporation reduce rise savings Senator BENTON Senator CAPEHART Senator DOUGLAS Senator FLANDERS Senator TAFT Senator WATKINS spending statement steel supply things tion Treasury wage controls World War II
Popular passages
Page 70 - Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose...
Page 121 - Mr. Chairman, I have one or two questions that I would like to ask. I...
Page 193 - Report of the Subcommittee on Monetary, Credit, and Fiscal Policies of the Joint Committee on the Economic Report, Congress of the United States, pursuant to S.
Page 9 - ... are not reasonable in view of the price of feeds, the available supplies of feeds, and other economic conditions which affect market supply and demand for milk and its products in the marketing area...
Page 122 - In stabilizing wages under paragraph (3) of this subsection, the President shall issue regulations prohibiting increases in wages, salaries, and other compensation which he deems would require an increase in the price ceiling or impose hardships or inequities on sellers operating under the price ceiling.
Page 108 - UNITED STATES SENATE, COMMITTEE ON INTERIOR AND INSULAR AFFAIRS, Washington, DC The committee met, pursuant to call, at 10 am, in the Caucus Room, Senate Office Building, Senator Joseph C.
Page 8 - Nothing contained in this Act shall be construed to modify, repeal, supersede, or affect the provisions of the Agricultural Marketing Agreement Act of 1937, as amended, or to invalidate any marketing agreement, license, or order, or any provision thereof or amendment thereto, heretofore or hereafter made or issued under the provisions of such Act.
Page 124 - The CHAIRMAN. Are there any other questions to be addressed to Mr.
Page 53 - State and local governments, and other groups, as it deems advisable; (2) the Council shall, to the fullest extent possible, utilize the services, facilities, and information (Including statistical information) of other Government agencies as well as of private research agencies, in order that duplication of effort and expense may be avoided.
Page 440 - Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.