Show BEA BEAUTIFUL SPRING Inflation to Burst into Bloom Where price inflation is concerned there is no such thing as a last word More words mo more e gloomy predictions always follow Latest verbal foreboding by private private vate and government forecasters holds that next April and May will mark a probable crisis peak in the continuing upward trend of retail and wholesale prices Flat predictions that meat and some other food prices are likely to soar as winter ends have been made by political officials and confirmed by government and other mists Experts in retail dry goods prices are saying that the shelves emptied by the Christmas buying rush will willbe willbe willbe be restocked with goods that will be priced much higher The goods were being bought in in the garment trade centers at wholesale prices nearly equal to last springs spring's retail prices Another factor boosting the inflation inflation inflation tion bubble is expected to be the peak in foreign demand for food and other items in Europe scheduled to come as winter bows out The construction industry which hit an time all-time high in dollar values as as the 1947 season ended probably will begin the 1948 season under an extraordinarily high demand pressure pressure pressure pres pres- sure for building materials Another considerable influence is isdo CIO do President Philip Murrays Murray's recent recent recent re re- re- re cent declaration that unions in his organization will seek another round of wage increases thus helping help help- ing to form another price bulge Pressure for higher wages is expected expected expected ex ex- ex- ex to build up during the late winter months In Washington political leaders of both Democratic and Republican persuasion are giving all these signs sign's serious and concentrated study and both sides are convinced that something something something some some- thing must be done It H is not considered likely that these indications of further inflation will add up to a wide nation bust next summer Their biggest significance signi signi- is that they make up a package package pack pack- age of political dynamite which probably will explode with an earthshaking earthshaking earth earth- shaking impact sometime around the presidential election in November Novem Novem- ber if |