Any businessman who wet a finger to the economic wind last week felt a good deal of hot air blowing from all directions.
Up before the Economic Club in Manhattan rose Chairman Alan Valentine of the Economic Stabilization Agency. "Do we need drastic surgery such as general [price & wage] controls?" he asked. Professorial Dr. Valentine then gave himself a cryptic answer: "We shall soon know . . . as we observe a few test cases now under way in important fields." Valentine did not name the test cases, but it was a good bet that he was thinking about...
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