Hold the Line

In the battle against inflation, Franklin Roosevelt had talked a tough war and fought a weak one. By last week the enemy could no longer be stalled off with words. The President had to make his stand and fight—or retreat in disorder.

He chose to stand, and dug in. At week's end, he was holding firmly.

Only Way. The President issued a new order on price control. He explained:

"To hold the line we cannot tolerate further increases in prices affecting the cost of living or further increases in general wage or salary rates...

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