Price Boss Michael Di Salle this week unwrapped his long-awaited "master" regulation to fix the prices and profits of U.S. manufacturers. His 25,000-word order takes 75,000 manufacturers out from under the general price freeze of Jan. 26, places them, instead, under a complex system of profit margins.
The basic principle of Di Salle's new system is to set prices according to a manufacturer's pre-Korean level, add to them only the actual increases in material costs up to December 31, the labor costs up to March 15. But Di Salle is determined to make businessmen take thinner profit margins and share...
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