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things, he is not there at all. There is nothing. He got up and made
a speech in this meeting, a meeting which was completely in hand, well
in hand. They were not going to go out on the third of September
until he made a speech and then they forced the thing on McMahon and
others. It was against their will because these unfortunate textile
people in the meeting did not realize what McMahon and the leaders
knew, that there was a six-weeks supply of cotton goods on hand, on
the shelves, and the people running the factories were perfectly de-
lighted.
LORD ILLIFFE: They wanted their stocks used up?
THE PRESIDENT: Yes.
Q Mr. President, would it be possible for us to use this interview with
Lord Illiffe, and bring in the fact that you questioned him a little
bit about English labor conditions?
THE PRESIDENT: Submitting it to him first, submitting it to the editor.
I don't know that there is anything pending. I am nearly cleaned
up. I was terribly far behind.
Q Mr. President, would you care to make any comment on the decline in
Government bonds and the effect on new financing?
THE PRESIDENT: I didn't know that they had any.
Q There are five new lows.
THE PRESIDENT: What did it amount to?
Q Just a little bit below par.
THE PRESIDENT: No, the only comment would have to be off the record. It
is regarding the attitude of certain newspapers and therefore I want
to make it off the record. But it is an interesting thing, the
number of people who have come to me, not in political life or govern-
ment life at all, and said -- readers of these papers -- "Why are
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"ocrText": "#141 -- 10\n047\nthings, he is not there at all. There is nothing. He got up and made\na speech in this meeting, a meeting which was completely in hand, well\nin hand. They were not going to go out on the third of September\nuntil he made a speech and then they forced the thing on McMahon and\nothers. It was against their will because these unfortunate textile\npeople in the meeting did not realize what McMahon and the leaders\nknew, that there was a six-weeks supply of cotton goods on hand, on\nthe shelves, and the people running the factories were perfectly de-\nlighted.\nLORD ILLIFFE: They wanted their stocks used up?\nTHE PRESIDENT: Yes.\nQ Mr. President, would it be possible for us to use this interview with\nLord Illiffe, and bring in the fact that you questioned him a little\nbit about English labor conditions?\nTHE PRESIDENT: Submitting it to him first, submitting it to the editor.\nI don't know that there is anything pending. I am nearly cleaned\nup. I was terribly far behind.\nQ Mr. President, would you care to make any comment on the decline in\nGovernment bonds and the effect on new financing?\nTHE PRESIDENT: I didn't know that they had any.\nQ There are five new lows.\nTHE PRESIDENT: What did it amount to?\nQ Just a little bit below par.\nTHE PRESIDENT: No, the only comment would have to be off the record. It\nis regarding the attitude of certain newspapers and therefore I want\nto make it off the record. But it is an interesting thing, the\nnumber of people who have come to me, not in political life or govern-\nment life at all, and said -- readers of these papers -- \"Why are"
}