National Affairs: Hardly Any Difference

Harry Truman, who is always getting crossed up, got crossed up with one of his warmest friends—earnest, tight-lipped John Snyder. Mr. Truman had boasted that by the end of the year the U.S. budget would be in balance. But Secretary of the Treasury Snyder, after making his calculations, said: "There will be a deficit of $1.9 billion." Last week at his press conference Mr. Truman said crisply that there was no real difference between Mr. Snyder and himself. Snyder must have been misquoted. Said loyal John Snyder: "President Truman said there was no difference between us. I reiterate that statement."

Last week...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!