With both hands firmly clenched around a newly fashioned club, President Truman assured the jittery steel industry last week that there was no need to duckyet. He "did not consider it appropriate" to invoke the drastic powers to control steel which the Republican Congress had unwittingly given him in a sleeper amendment to the draft act (TIME, July 5). Instead, the President asked the Department of Commerce to work out a voluntary allocation program to take care of military needs for steel.
His reasons were plain. The defense program needed only about 2% of anticipated steel production this fiscal year, and...
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