HOUSING: Children, Dogs & Wall Street

"Our housing shortage," cried Harry Truman last week, "is almost a fatal one." He told the National Conference on Family Life a bitter little story about a man and his wife, their baby and dog who could find no place to live in Washington and weren't even allowed to stay in their car on a parking lot. Said Harry Truman: "Children and dogs are as necessary to the welfare of this country as is Wall Street andthe railroads, or any one of them."

The President was childlikely and doggedly right. Thirty-three months after...

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