Business: Unpriced Lumber

Price-fixing was written into the Oil Code on the ground that it would help conserve a great natural resource. Hordes of hungry businessmen from other prostrate industries were soon loudly demanding the same thing. Before the battle of the codes was done, NRA was fixing garage rentals, dry-cleaning charges and the price of a shampoo. Out of 677 codes in force today, no less than 510 provide for some measure of price control.

Yet the Administration never really made up its mind on the problem. It approved "cost protection," "loss limitation" and all...

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