Word: capeharts
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Some are "tactical reactionaries," he said and mentioned Senator Capehart, Congressman Martin, and ex-president Herbert Hoover. "Taft is on the borderline of reaction." Liberals in the party include Senators Morse, Ailken, Lodge, and Tobey. "I am a liberal Republican," he affirms...
...boost averaging close to 5% on 1952 models. But Ford said no thanks. Instead, Ford boosted prices a scant 3% on most models, actually reduced prices slightly on three. Ford was following the lead of General Motors, which did not take the full hike permitted by OPS under the Capehart Amendment...
After all the backing & filling on steel prices, steel is getting ready for another rise. This week OPS sent out drafts of an order that will allow steelmen to adjust their prices to higher costs, using the Capehart formula. Only steelmen know how much the boost will be. But Washington price controllers, who have been saying no to an increase for months, now guess that steel may jump anywhere from a dollar or two to as high as $8 a ton, thus giving inflation another nudge...
...Ohio's Taft, Colorado's Millikin, Indiana's Capehart, California's Nixon, South Dakota's Case, Utah's Bennet, Nebraska's Butler, Idaho's Welker, Kansas' Schoeppel, Missouri...
...Boss Mike Di Salle reluctantly cleared the way for a new batch of price rises last week. Acting under the Capehart Amendment to the Defense Production Act, he issued an order permitting some 100,000 businessmen to ask for price boosts if their costs have risen. Among the items affected: clothing, tobacco, wines and liquors, gasoline, drugs and cosmetics, coal, meat and other foods. Automakers, who have already boosted prices about 9% since Korea, got special orders of their own; they may now increase prices as much as 5%. For a man who had once denounced the Capehart Amendment...