For a few days, early last week, Congress seemed to be going all in one direction, carried along by a suddenly rising tide. Bernard Baruch's espousal of immediate price controls (TIME, Aug. 7) had even persuaded many Republicans that Harry Truman ought to have not less but more control over the economy. But before the week was out, the tide had become a wild rip on which bounced all the old rinds and used coffee grounds of U.S. party politics.
Democrats and Republicans alike had been hearing from constituents who were overwhelmingly in favor of price controls, though not so...
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