THE ECONOMY: Decontrol (Cont'd)

The great shift in the U.S. economy from Government controls to freer enterprise picked up momentum. Following hard on the removal of wage curbs and the lifting of price ceilings from many consumer goods (TIME, Feb. 16), the Administration last week:

¶ Abolished price ceilings on another broad range of consumer items, e.g., poultry & eggs, soaps, paint, window glass, which are now selling generally below ceilings; and a first batch of industrial commodities, e.g., crude rubber, scrap metals, iron ore, lead, zinc, tin, petroleum & gas products, some of which are pressing ceilings and may well advance...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!