Washington, Jan. 22.
Government economists here to-day seid the achievement of President Roosevelt's price goal—restoration of prices at approximately the 1926 level—would require higher food, textile and farm prices, but would stabilize and reduce the prices of other commodities.
Mr. Roosevelt, it was said, seeks lower prices on commodities where quotations have surpassed the general price average advance such as in the steel, lumber and cement industries.
Commodities said to be considerably below the 1926 level, and therefore destined for increases if the Piesident's plan is adopted, include deity products, fruits, vegetables, meats, silk, rayon, cotton, woollen worsteds, automobile tyres and tubes, fuel, lighting materials, grains, live stock and poultry, it was said.—United
Text read from the printed page and cleaned; old type leaves the occasional error.