Truman President Asks Strict Curbs On Inflation
Truman President Asks Strict Curbs On Inflation
President Truman takes his Fight Against Inflation to the people. In a special address, the Chief Executive asks for strict controls to help halt the spiral of inflation. President Truman address the people: "This is the time of national danger the welfare of all of us is at stake. If inflation got away from us and wrecked our savings and ruined our economy that would be the easiest victory the Kremlin could ask for. Communist Russia could win the whole world to totalitarianism without firing a shot. That is what the communists have been hoping for. They ve been hoping for years for the collapse of the American economy. For years we've been proving that the communist to be wrong. We've prevented depressions. We've proved over and over again to the Kremlin's confusion and dismay that instead of collapsing our economy it's grown stronger and stronger. The people of this country acting together are stronger than any special interest. If we work together as a team and everyone does his part we can beat inflation. We can secure the defenses of this nation and keep down the cost of living for the average family. Nothing is more important to the long run strength of our economy and to our work for world peace. Peace in the world is what every thinking man and woman is praying for. It is what I'm working and praying for. It is up to the Congress to pass a strong anti-inflation law. So this country can do it's full part in its fight for peace". In back of President Truman is a picture of his wife, Bess Truman and his daughter, Margaret Truman plus the Presidential Seal.