Fight in Foods

Wiry, sharp-witted Economic Director Jimmy Byrnes this week served blunt notice that even if he has to void laws he is going to attack the worst aspect of the price control snarl, namely that while luxury goods prices (see p. 83) are being held down food prices are soaring.

Before a hornet-mad Senate Agricultural Committee he stood by Leon Henderson, who thinks he has found a way to outwit the farm bloc. The way: 1) let farmers sell their loan wheat for what it will fetch in the market; 2) maintain such stringent...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!