Solution in Steel Price Rise - Gardner Ackley, President Johnson's chief economist, announced today that a $2.75 a ton increase in structural steel prices listed by the U.S. Steel is Corporation was acceptable to the White House. "The action of U.S. Steel is generally consistent with price-wage guideposts," Ackley told reporters. Ackley added he "hoped and expected' other increase posted earlier by steel companies would be cut to U.S. Steel's pattern

Associated Press · [ca. January 1966]

[Information from item housing] Ackley, Gardner U.S. Economic Adviser