Noble Experiment. International Harvester Co., which did its bit to stem inflation by cutting prices last March, had to raise them again. The rise in the cost of materials had put the manufacture of more than half of Harvester's industrial power products in the red. The 5% price boost would put most Harvester prices about 2% above the precut level.
Vital Ingredient. In a busy lifetime, Burton Rascoe, Manhattan critic and literary Pooh-Bah, had been called a lot of other things, but never an economist. In his latest book of reminiscences, We Were...
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