THE ECONOMY: Ice for a Chill?

With economic droop still much on the nation's mind, Big Labor's Walter Reuther and Big Business' Harlow Curtice appeared in a green-carpeted Senate caucus room last week with prescriptions for the ailment. As witnesses before Democrat Estes Kefauver's subcommittee investigating noncompetitive "administered prices," United Auto Workers President Reuther and General Motors President Curtice took predictably opposite stands.

Curtice insisted that carmaking costs had risen faster over the past decade than wholesale prices of G.M. cars. Old Social ist Reuther damned the automakers' pricing policies as "greedy" and "irresponsible," called their profits...

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