INFLATION: Congress Says No

Jimmy Byrnes was desperate. In a radio fight talk he cajoled, warned, reproved, threatened and begged the U.S. to hold the line against inflation. Finally, in peroration, the Assistant President got off the year's most inept quotation. Picturing labor groups which threaten to strike if they don't get more pay as holding a political pistol to the nation's head, he cried: "The Government must say to any such group: 'Lay that pistol down!' "

Congress, in scornful and recalcitrant mood (see p. 13), gave the Assistant President an immediate response. Within 48 hours: 1) the Senate battered a great new breach...

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