Show BEA BEAUTIFUL SPRING inflation to burst into bloom where price inflation Is concemi i there is no such thing as a last I 1 word more words more gloomy predictions always follow latest verbal foreboding by private 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 oar a as winter ends have been made by political officials and confirmed by government and other economists experts in retail dry goods prices are saying that the shelves emptied by the christmas buying rush will be re stocked with goods that will be priced much higher the goods were being bought in the garment trade centers at wholesale prices nearly equal to last springs retail prices another factor boosting the inflation bubble Is expected to be the peak in foreign demand tor for food and other items in europe scheduled to come as winter bows out the construction industry which hit an all time high in dollar values as the 1947 season ended probably will begin the 1948 season under an extraordinarily high demand pressure for building materials another considerable influence Is CIO president philip murrays Mur rays recent declaration that unions in his organization will seek another round of wage increases thus helping to form another price bulge pressure for or higher wages is expected to build up during the late ite winter months in washington political leaders of both democratic and republican persuasion are giving all these signs serious and concentrated study and both sides arte convinced that something must be done it Is not considered likely that these indications of further inflation will add up to a nationwide nation wide bust next summer their biggest significance is that they make up a package of political dynamite which probably will explode with an earth shaking impact sometime around the presidential election in november |