Prices, Profits, and Wage Control

Archive Report


The right to reproduce material contained in Editorial Research Reports is strictly reserved to the newspaper clients of the service. Verbatim use of such material by others will be permitted only upon written authorization of the editor.

Richard M. Boeckel, Editor

Inflationary dangers in the defense boom

President Roosevelt warned Congress, in a special message, July 30, asking for enactment of price-control legislation, that “inflationary price rises and increases in the cost of living are today threatening to undermine our defense effort.” More vigorously worded warnings of the economic dangers inherent in the defense boom and of the imminence of a runaway inflationary movement, barring the prompt application of corrective restraints, have been uttered by Leon Henderson, administrator of the Office of Price Administration and Civilian Supply.

Henderson ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles