Word: decontrolling
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...Decontrol of restaurant prices was part of a general tendency to lift price control on food. Last month, when fish in retail stores was decontrolled and fish prices zoomed, housewives refused to buy until fishmongers stopped gouging. Grocers, pleading that last year's drought had made vegetables scarce, put their prices up, and housewives stuck to meat & potatoes, turned away from cauliflower at 2/6, cabbage at a shilling a pound...
...happened this way: Léon Blum and his Socialists had rebelled last month against measures like decontrol of consumer goods, the free market for gold and currency. To save his Cabinet, Schuman had made a costly concession. He agreed to a pet Socialist plan: withdrawal of 5,000-franc notes, which supposedly would smoke out illegal currency hoards. As soon as the announcement was made, prices went up drastically...
...Senate Banking and Currency subcommittee, headed by Washington's Harry P. Cain, produced the pale shadow of a "rent-control" bill which would decontrol all rooming houses, and all cities with more than 1% vacancies, and authorize landlords and tenants to enter into leases at any figure agreeable to both. The full committee took one look and hustled the monstrosity out of sight until...
Sweet News. Decontrol of sugar, only food still under price ceilings, set many a housewife to hoarding against a possible price jump. But the first day of free trading passed without an increase, although the week before some New York grocers had to ration their more apprehensive customers. The Department of Agriculture said there was enough sugar in sight for a per capita consumption of 95 lbs. this year, 21 lbs. more than last year...
Canadians didn't like it. In Ottawa, a woman paraded on Sparks Street with a sign reading: BREADKNIVES STAB HOUSEWIVES. In Toronto other housewives wired Prime Minister King that decontrol of flour was "an unforgivable crime against the people." An Ottawa councilman cried: "We are losing the peace. ... It is such things as this that give rise to Communism." Labor organizations warned that higher prices would inevitably mean higher wages. Sean Edwin, a Montreal Gazette columnist, cracked: "If the ... trend continues, dollars to doughnuts will be even money...