John Laing Clark papers (Ms. 2010.025)

Biographical note

John Laing Clark, during his time at the law firm of Edwards and Angell (now Edwards Angell Palmer and Dodge), did a great deal of research on labor law, specifically wage and price stabilization--intended to control the increase in wages and inflation. His research spans its inception in 1942 through the creation and abolition of the U.S. Wage Stabilization Board in 1951 and 1953, respectively, up to the 1970 the Economic Stabilization Act, which "stabilized prices, rents, wages, and salaries at levels not less than those prevailing on May 25, 1970." (http://www.archives.gov/research/guide-fed-records/groups/432.html).