Assembly Asks Elimination of Direct Curbs
HARRIMAN, N. Y., Dec. 7 UP). ÛÓ Columbia UniversityÛªs! American Assembly urged today! the elimination of direct price j and wage controls and preparation of stand-by measures to combat a recession, should one, occur.</br></br>These and other recommendations were made by 70 representatives of business,. education. labor, agriculture: and journalism who gathered! at Arden House for a three-day! discussion of inflation.</br></br>The participants reappraised the course inflation has taken since the last assembly meeting in May and agreed that the potential threat of spiraling j prices is as great as it was six months ago.	,</br></br>But optimism ovejr the possi-, bility of ending inflation wasj inspired by the Û¢ election of! Dwight D. Eisenhower to the presidency. Roundtable participants saw hope in his statement calling foe, stabilization of the dollar and reduced spending. They thought he would make new, increased efforts to i prevent fresh price rises.</br></br>The findings of the group! were disclosed in abrief sum-! mary which said the ÛÏdistilledÛ, opinion of the assembly includ-1 ed a belief that the Federal budget' should be balanced through a determined effort to reduce spending.