National Affairs: Army & Navy

War Without Profit (Cont'd)

Last week the War Policies Commission, chairmanned by dapper, pink-cheeked Secretary of War Hurley, concluded its public hearings, prepared to write a report for the President. Created by Congress, it had heard many a witness, some with ideas, more without, on how to take the profit out of war. No proposal had gained more attention or stirred more discussion than that of Bernard Mannes Baruch, Wartime head of the War Industries Board, for "freezing" all prices by presidential proclamation at the outbreak of War (TIME, May 25). At the...

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