Departments of State and Justice, the Judiciary, and Related Agencies Appropriations: United States Information Agency: Hearings Before the Subcommittee of the Committee on Appropriations House of Representaives, ... Congress, ... Session

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Page 44 - Negotiated wage increases and benefits should be consistent with productivity prospects and with the maintenance of a stable dollar. And businesses must recognize the broad public interest in the prices set on their products and services.
Page 47 - Specifically, business and labor leadership have the responsibility to reach agreements on wages and other labor benefits that are fair to the rest of the community as well as to those persons immediately involved. Negotiated wage increases and benefits should be consistent with productivity prospects and with the maintenance of a stable dollar.
Page 47 - ... monetary restraints alone. To place this burden on them would invite the risk of producing effects on the structure and functioning of our economy which might, in the years ahead, impair the vitality of competitive enterprise. And failure to accept the responsibilities inherent in a free economy could lead to demands that they be assumed by Government, with the increasing intervention and loss of freedom that such an approach inevitably entails. The successful extension of prosperity with price...
Page 43 - I am herewith presenting my Economic Report, as required by Section 3 (a) of the Employment Act of 1946. In preparing this Report, I have had the assistance and advice of the Council of Economic Advisers. I have also had the advice of the heads of executive departments and independent agencies.
Page 45 - Interest rates rose as the demand for credit continued large relative to the supply of funds. The unusually heavy demands of business concerns tended to raise prices of capital goods and related commodities. High costs of raw materials and wage increases that tended to outrun the year's small gain in productivity were pervasive factors making for higher prices. Pressures on prices, costs, and financial resources in 1956 called for the continuation of policies designed to counter inflationary forces....
Page 525 - Act, including appraisals, where feasible, as to the effectiveness of the several programs? and such recommendations as shall have been made by the...
Page 640 - International Cultural Exchange and Trade Fair Participation Act of 1956," which continues and expands the activities previously carried on through appropriations to the "Emergency Fund for International Affairs, Executive." Section 3 (3) of the act provides for United States participation in the "Universal and International Exhibition of Brussels, 1958.
Page 45 - Economic developments in recent years show the basic role that monetary and fiscal restraints must play if the excesses that often accompany prosperity are to be avoided. At the same time, this experience suggests that fiscal and monetary policies must be supported by appropriate private policies to assure both a high level of economic activity and a stable dollar.
Page 43 - ... my Economic Report, as required by Section 3 (a) of the Employment Act of 1946. In preparing this Report, I have had the assistance and advice of the Council of Economic Advisers. I have also had the advice of the heads of executive departments and independent agencies. I present below, largely in the words of the Report itself, what I consider to be its highlights. Our Objectives A great opportunity lies before the American people. Our approach to a position of...
Page 640 - Participation Act of 1956," authorized the President to provide for "United States participation in international fairs and expositions abroad * * *" such as the Universal and International Exhibition of Brussels, 1958. The act also authorized the President to appoint or designate a Commissioner General, by and with the advice and consent of the Senate, and not to exceed two other principal representatives to appropriately represent the United States in connection with participation in the Brussels...

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