Word: controlling
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Dates: during 1940-1949
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According to Professor Elliott, the committee will issue two reports this coming week, one on sources of funds for organization of foreign aid, and the second on changes needed in governmental powers, including export control, to make a foreign aid program effective...
...also changed his old tune of avuncular indignation against both of China's warring factions. "The civil war has spread and increased in intensity. The Chinese Communists by force of arms seek control of wide areas of China. The U.S. and all other world powers recognize the National Government as the sole legal government of China. . . . We should extend to the Government and its people certain economic aid and assistance. A definite proposal is under preparation...
...that door there is developing the finest set of ulcers seen around these parts in years." The door led into the office of Presidential Adviser John Steelman. There a group of baffled experts, like ants around an overturned beetle, were pondering how to handle the Brobdingnagian problem of price control...
...allocation of scarce commodities, such as steel and grain; curbs on installment buying; curbs on speculation in the commodity exchanges; tightening of bank credit. Such fiscal reforms might help a little but they certainly had no political zing. The only other idea was the reimposition of rationing and price control, which Harry Truman recently described as manifestations of a police state. But in their extremity that was exactly what Democratic politicos were suggesting. The tactic was politically sound: put the measure up to the 80th Congress and let the G.O.P. take the blame if prices kept on spiraling. The Democrats...
...maverick-minded Republican did come up with another idea. Vermont's Senator Ralph Flanders recommended rationing of meat. "The price of meat is the keystone of the whole process of spiraling," he said. He thought rationing would help keep down the price without direct price control by keeping "demand in line." He was not optimistic. But he put it forward anyhow-"to see if anybody has got a better idea...