After two months of hunting, Harry S. Truman was still looking for a man—any man—to be his price stabilizer. The qualifications he set up for the $17,500-a-year job were modest enough. The President stipulated only that the candidate have the "guts" to take the job.

But though the job had been offered to more than a dozen men, there were no takers. The few who nibbled got away, well aware that the probable rewards of becoming price stabilizer were a set of ulcers and a head start towards becoming the most disliked man in the U.S.

The Unemployed. The President had...

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