STATE OF BUSINESS: Facts & Figures, Jul. 4, 1949

Easy Credit. Regulation W is scheduled to expire this week. A deflationary measure, the regulation has controlled the amount of down payment and length of time to pay off installment purchases. Though President Truman had asked Congress to extend the regulation as a standby anti-inflation safeguard. Congress, taking a look at the economic weather, saw no point in complying. Among those most likely to benefit: used-car dealers.

Army Fare. Airlines have long been irked by an agreement between railroads and the armed services, giving the roads almost all the nation's military travel. Air carriers handle emergency trips only, have seldom collected...

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