Time Clock, Jun. 29, 1953

IN the last-minute fighting over the excess profits tax, U.S. Steel's Ben Fairless came out for a six-month extension, and President Eisenhower personally asked balky Dan Reed to let his House Ways & Means Committee vote on an extension bill. But Reed stayed firm in his resolve not to send a bill to Congress. Speaker Joe Martin still predicted that "We will get [the bill] passed," but the odds were against it.

SHOPPERS for houses will find better buys in the next six months. Except in a few areas, prices of new houses have stopped climbing, and the unrealistic high prices demanded...

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