Harry Truman actually said...

"The expansion of housing production is necessary in this inflationary period, just as it is necessary to expand the production of other articles in short supply which are vitally needed by our people."

"To achieve an increased volume of construction in 1948, and a higher proportion of rental housing, the Government should continue its financial aids, with appropriate modifications, and should assist ..."

"The vigorous program of research to develop new building materials and more efficient building methods, on which the building industry has made an encouraging start, can be aided by the Government, pa..."

"In addition, careful safeguards should be provided against inflationary impacts."