Richard Nixon actually said...

A program of total control, wage and price controls across the board with a huge bureaucracy, would have been one answer.

We believe, however, that we have found the pattern here that may succeed and that will succeed as Judge Boldt puts it.

We believe we can have freedom and have that freedom without the irresponsibility of inflation.

I think that we can say now that with the decision of the Pay Board with regard to a 5½ percent increase in wages during the next year, with...