Memorandum from Harold Enarson to John R. Steelman with Attachment

FILED BY DR. STEELMAN JUL 2 9 1952 February 8, 1952 Memorandum for Dr. Steelman From: Harold L. Enarson HE Subject: The Steel Wage Price Dispute The ticker indicates that Chairman Spence of the House Banking and Currency Committee saw the President today and that he told the President that the Committee had not scheduled hearings yet x342 since it felt they could not reasonably consider the extension of the Act until they saw how the steel wage dispute would be resolved. x 98 I understand that Mr. Putnam saw the President in the past few days. I wonder if he talked to the President on the industry earnings standard and if the President made any commitment one way or another on this matter. The message on the Defense Production Act is scheduled to go up Monday. I have argued with Murphy and his associates that the industry earnings standard should be dealt with in the message. I think this statement by Spence underlies the importance of stating clearly what the procedures are for handling wage cases and price petitions. See attached. of the President and Putnam came to some understanding on the comings standard we should know about it Me this Attachment CATE talk