U.S. ECONOMIC CONTROLS
ANTI HOARDING ORDER ISSUED
(Rec. 9 p.m.) WASHINGTON, September 17. The United States Government to-day issued its first compulsory ®nti-hoarding order, forbidding industry to overstock certain scarce materials.
Abe pronibition was announced as <nti-inflationary controls on instalment buying and other types of consumer credit went into effect. Instalment plan buyers will have to make bigger deposits on such goods •s cars, refrigerators, and television •ets. and pay off the balances quicker. . Tlie aim of the anti-hoarding order J? to Drevent* industry, especially nonoerence firms, from overstocking iron * lee l- Conner, rubber, tin, chemicals, nylon yarn and building materials *nich are vital to the rearmament Programme.
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Press, Volume LXXXVI, Issue 26221, 19 September 1950, Page 7
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108U.S. ECONOMIC CONTROLS Press, Volume LXXXVI, Issue 26221, 19 September 1950, Page 7
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