Farm Prices v. Wage Fixing

T. R. B.
October 1941
New Republic;10/27/41, Vol. 105 Issue 17, p536
Focuses on the farm lobby and its representatives in the U.S. Congress and issues related to farm prices and wage fixing. Report that the West and South are still debtors to the East, and all debtors like a touch of inflation; View that it is only natural that the farm bloc should be standing in the way of price-control legislation; Information on a committee with farm representatives; Report that the committee started hearings on the administration's price-control bill on August 5, 1941, and the end is not yet in sight; Accusation of Leon Henderson, the government price-controller by the committee members; Report that the prices are moving up alarmingly and the wholesale prices of twenty-eight basic commodities have moved up past 150 on an index using the August 1939, average as 100; Report that the administration bill would give Henderson or another price-fixer authority to clamp ceilings on the prices of individual manufactures and farm commodities are circumstances war ranted; View that this bill has a rival in one sponsored by Representative Albert Gore of Tennessee; Report that the Gore bill is represented--and sometimes misrepresented--as the embodiment of financier Bernard Mannes Baruch's advice; Information on Baruch's testimony before the House committee in which he said that wages would have to be fixed along with everything else, but added that labor should not be deprived of the right to bargain collectively or to strike; Views of the committee related to benefits of a war inflation; Report that Representative Sam Hobbs of Alabama has been conferring with some second-string labor leaders in an effort to get labor support for his concentration-camp bill.


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