Bent on grappling with the problem of price upcreep, President Eisenhower last week handed Vice President Nixon a job that was part plum, part hot potato. Richard Milhous Nixon's new post, his first major executive responsibility: chairman of a new Cabinet Committee on Price Stability for Economic Growth, with a franchise to 1) study the labor and management factors pushing up costs and prices, and 2) "strive to build a better understanding" of inflation and the public and private policies needed to curb it.
In carrying out mission No. 2, Nixon may...
To continue reading:
or
Log-In
