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13 -5-
okayed for export before Saturday.
or Have you any other ideas in mind on this so-called in-
flation or reflation as to the steps to be taken?
THE PRESIDENT: Nothing else. I think on the general sub-
ject, it is awfully difficult to particularize and I
don't see how I can write an intelligent story and I
don't see how you can.
It is a little bit like a football team that has
a general plan of game against the other side. Now,
the captain and the quarterback of that team know
pretty well what the next play is going to be and
they know the general strategy of the team, but they
cannot tell you what the play after the next play is
going to be until the next play is run off. If the
play makes ten yards, the succeeding play will be dif-
ferent from what it would have been if they had been
thrown for a loss. I think that is the easiest way to
explain it.
Here is a team that has a perfectly definite ob-
jective which is to make a touchdown so far as commodity
prices go. The basis of the whole thing really comes
down to commodity prices. And, this is entirely off
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"ocrText": "156\n13 -5-\nokayed for export before Saturday.\nor Have you any other ideas in mind on this so-called in-\nflation or reflation as to the steps to be taken?\nTHE PRESIDENT: Nothing else. I think on the general sub-\nject, it is awfully difficult to particularize and I\ndon't see how I can write an intelligent story and I\ndon't see how you can.\nIt is a little bit like a football team that has\na general plan of game against the other side. Now,\nthe captain and the quarterback of that team know\npretty well what the next play is going to be and\nthey know the general strategy of the team, but they\ncannot tell you what the play after the next play is\ngoing to be until the next play is run off. If the\nplay makes ten yards, the succeeding play will be dif-\nferent from what it would have been if they had been\nthrown for a loss. I think that is the easiest way to\nexplain it.\nHere is a team that has a perfectly definite ob-\njective which is to make a touchdown so far as commodity\nprices go. The basis of the whole thing really comes\ndown to commodity prices. And, this is entirely off"
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