Food: Why Prices Are Going Up

The U.S. housewife is beginning to stew about food prices. "We ate better four years ago, when my husband was still a student," says Mrs. Roberta Pearson, wife of a junior bank executive in Chicago. "These prices are robbery. The Government seems more interested in the price of rice in Saigon than in food costs in New York," says Manhattan-dwelling Mrs. Joan Lester. Says Boston's Mrs. Irene Krutt: "If I were younger, I'd grab a placard and picket."

When housewives grumble, politicians tremble. Thus the Federal Trade Com mission has launched a full-scale investigation into milk and bread price increases....

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