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End Controls Assn. Urges
The National Association of Wholesaler-Distributors has adopted a resolution urgingimmediate and complete elimination of all economic controls.
lt asks the President, his economic planners and Congress, to recognize that profit, wage and price controls have neither stabilized wages and prices nor checked inflation. On the contrary, such controls have contributed to shortages, misallocations, production cut-backs and resources wastage, it states.
In calling for a return to a system of freedom from economic restrictions, the association notes that controls at best only prolong a period of price adjustments made necessary by underlying economic and political causes, and actually divert policy making attention from fundamental monetary and fiscal management actions that should be initiated.
Two New Mills Join CRA
Two major redwood producers, Masonite Corp. and Harwood Products Co. have joined the California Redwood Assn.
Masonite and Harwood join the six other member mills, Arcata Redwood, Georgia-Pacific, LouisianaPacific, Miller Redwood, The Pacific Lumber Co. and Simpson Timber.
Through its Western lumber division in Calpella, Ca., Masonite has been a major redwood timber owner and lumber producer for many years. It will be represented on the board by Barney Fetzer, gen. manager, Western lumber div.
Harwood Products Co.. Branscomb" Ca.. recently purchased Willits Redwood Products Co. and will headquarter redwood operations at Willits, Ca. Managing partnero Arthur o'Bud" Harwoodo announced that longtime Willits executive, Leo Hulett, will represent Harwood on the board. Hulett, gen. manager of the Willits div., was re-elected president of CRA at its annual meeting in September.