In spite of the signature "Harry S. Truman" which made law of the new price control measures yesterday, inflation's holiday still has official permission for a one-month extension. How much cain it can raise with the national pocket-book until August 20 continues to depend upon the cash restraint that buyers can show towards still scarce foods, clothing--even automobiles.
One dollar socked away now when it can buy a mediocre pair of drawers, may pay for most of a good second-hand suit when the threatening boom busts.
The following price complaints have been reported since Tuesday: Ceilings on rents have already been re-imposed at the June 30 level. Live stock and grains, along with all their derivatives, are ceiling-free until August 20. Poultry products will remain so unless undue rises are noted by the control board.
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