National Affairs: Inflation Battle

Just before 2 o'clock one afternoon last week, waiting newsmen were summoned into the Senate's majority conference room. Frayed and weary after four hours of haggling, Senator Robert Taft announced that he was about to start rewriting the Republican policy statement on inflation. Could he give out the gist of it? Not until it was rewritten, said Taft. "The words have to be exact or they don't mean anything," he said, flashing a copy of the statement, which was X-ed out, scrawled over and heavily edited in nearly every line.

The newsmen were not exactly intrigued by the prospect of another statement...

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