Billion-Dollar Watchdog

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Anywhere but in a democracy, the Senate's irreverent Truman Committee would be fair game for liquidation. In a perfect state, free from butterfingers and human frailty, it would be unnecessary. In the U.S., democratic but far from perfect, the Truman Committee this week celebrated its second successful birthday as one of the most useful Government agencies of World War II.

Had they had time, its ten members might have toasted their accomplishments all night. They had served as watchdog, spotlight, conscience and spark plug to the economic war-behind-the-lines. They had...

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