PRICES: Subsidies or Else

Leon Henderson was fighting mad last week and showed it as only Leon can. He even threatened to quit as price tsar.

But the big news in Henderson's mad scene was not his wisecracks, but the clear revelation that the core of price control from now on lies in subsidies.

Before long, thousands of companies in scores of industries will be trying to collect from the Government the price boosts they cannot pass on to their customers. To pay these subsidies, Senator Brown (D., Mich.) said the Administration will soon ask for perhaps $1,000,000,000...

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