Monday, May. 12, 1952
What Is It?
On Capitol Hill last week, a House committee member asked each of three top officials of the nation's anti-inflation program to define the word stabilize. Said Chief Stabilizer Roger Putnam: "To preserve the value of the dollar." Price Boss Ellis Arnall : "To keep in a stable position or relatively in equilibrium or balance." Wage Board Chairman Nathan Feinsinger, after a peek at the dictionary: "A substance added to an explosive to render-it less liable to spontaneous decomposition."
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