CONTROLS: Death Without Debate

Condemned, praised and often misunderstood in their 2½year lifetime, the nation's first peacetime wage-price controls now seem destined to die swiftly and unmourned. The House Banking and Currency Committee last week voted 21 to 10 against recommending a bill to extend controls and thus all but guaranteed that the limits will slide into oblivion when the present stabilization law expires April 30.* The vote follows a similar action by the Senate Banking Committee last month.

The Cost of Living Council, which the Administration had wanted to retain if only as a largely powerless watchdog agency, apparently will go out of...

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