OCR Text |
Show ASKS U. S. BUDGET OF $20 BILLIONS Industry will stifle inflation with production "when permitted by the Administration to do so," Robert R. Wason, president of the National Association of Manufacturers, Manufac-turers, told a meeting in Erie, Pa.,-last Pa.,-last week. Business believes that a 20,000-000,000 20,000-000,000 budget, including debt reduction, re-duction, would be adequate to serve the country, Mr. Wason said, adding: 4 "The wealth-creating processes of our economy have been stifled by regulations that are enforcable only through new added controls. "Domestic policy consists of an exchange of concessions to pressure pres-sure groups in anticipation of votes. The crude oil of politics fouls up the high octane of production. pro-duction. "Washington's subservience to the CIO is now clear. The path toward collectivism is plain" |