Business & Finance: Last Chance for Purp

Don Nelson's "Purp'' is a very sick dog right now; and if it does not soon recover to perform the miracles its master hopes for, it is apt to be a dead dog this autumn.

Purp (formally known as the Production Requirements Plan) is Don Nelson's way to end the raw-materials "shortage."' The most far-reaching plan ever devised to control U.S. production from Washington, its job is to trail every ton of priority material down to its ultimate use. Purp would stop stockpiling and hoarding by putting all allocations on a short-term basis. The...