After three work-packed days and nights in Washington last week, President Eisenhower's 23-man advisory housing committee finally drafted a new federal housing program. When the meeting was over, a banker pushed away from the paper-strewn conference table and said: "Well, the builders didn't get the keys to the U.S. Treasury."
But the housing industry did get a new program that it hoped would keep building going close to its present pace of 1,000,000 housing units a year. At the same time, it appeared to satisfy all the other housing interests represented on the committee—unions, bankers, public-housing advocates, et al. Since it...
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