European Stars And Stripes (Newspaper) - April 16, 1962, Darmstadt, Hesse European edition monday april 16, 1962 push probe of Price increase i. Washington a Congress has pushed ahead with antitrust investigations despite the steel Industry s Back Down on Price Senate antitrust subcommittee headed by sea Estea Kefauver d-tenn., has issued subpoenas for figures Ori production costs of 12 steel firms including Inland and others which did not raise their prices. Sen. Albert Gore d-tenn., prepared to Intro to r i Kennedy Stock reaches new High in party of nuclear Job who Tim a. Edison. With him is bin naval Side Cap to Ewe t. Shepan other Kennedy photos on Page 17. Oti the it association has the cited state to us by food in Toifl that planning. With planning Ingabor an the a report prepared byte was of mid there Wai 4 Nee management programs the present farm any West berliners keep pledge 9talto� it . The a Jefff Taftt of tj0 it american it Colony in the weft a Weil of Ott Duce in the Senate three Bill she said Are designed to protect the Public interest against unjustified prices and profit sin monopoly con trolled in one of the Bills which Gore has drafted he proposed to give the president authority under the Taft her they act to Call for an 80 Day Cooling off period when an general Price increase in steel or other Basic commodity is threat ened. This would be similar to presidential authority to halt cer Tain types of Bill would give the courts the same yardstick to apply to breaking up existing Large concentrations that is already applicable in preventing proposed mergers and acquisitions Gore third measure would establish a National Consumers advisory Board with fact finding and information dissemination authority to bring . Public opinion to Bear against what it might find veer unjustified Price increases. Truman says Kennedy right on steel Issue Independence. To. Former president Harry s. Tru Man who fought a similar Battle in 1952 and lost said president Kennedy won the steel Price struggle because he was right and the Industry was had the same trouble with the steel Industry myself in 1952." said but i Tost when the supreme court reversed , Truman referred to his Washington a presiden Kennedy s Stock is higher than Ever with democrats in Congress and the Boom could produce the votes he needs for key Bills now stuck in committees. Most democrats already had healthy respect for the president see related stories Page political prowess. Now vetoed the steel Price seizure of the steel Mills on april 8. 1952, to prevent n strike and Aprice increase in the midst of the korean War. Pan am faces strike new York
