OCR Text |
Show Food Subsidies Proven Costly Subsidizing the production of food would be expensive for consumers con-sumers in the long run, according to E. S. Foster, general secretary of the New York State Form Bureau Federation. Subsidies would mean that the housewife pays only part of her food bill at the grocery, and gives the rest of the bill to the Bureau of Internal Revenue, Mr. Foster explained. He emphasized that the best way to prevent inflation is to increase production, tighten down on credit policies, cut government gov-ernment spending, and impose pay-as-we-go taxes for the rearmament rearma-ment period. |