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    "label": "Memoranda for the President--Beginning September 19, 1971",
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    "title": "Memoranda for the President--Beginning September 19, 1971",
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    "ocrText": "-3-\nsome foreign competition. He observed that unlike earlier\ntimes in history when the issue was being considered, labor\ninterests were now generally aligned with those seeking\nincreased protection. He stated that lobbying for freer trade\nmust come from people like those gathered in the room. He\nalso pointed out the ambivalence of many citizens towards the\nissue, noting that in New England many people were strongly\nopposing fuel oil quotas while on the other hand supporting\nquota proposals for shoes and textiles. He closed by stating that\nhe supported the premise that free trade competition was good\nfor the country and that protectionism was neither good for\nbusiness nor good for the consumer.\nColston Warne expressed his appreciation for the swift and\nunannounced nature of the President's August 15 action, recalling\nthe much more hesitant approach taken under Mike Disalle,\nand the Truman Administration in 1951. The President interjected\nthat he had looked at the figures recently and was surprised to\nsee that during the period of voluntary restraints, before the\ncontrols were imposed in 1951, the consumer price index had\nrisen by an astonishing 17%.\nMr. Warne spoke at length on the importance of a mechanism to\ninsure maintenance of product quality where price controls are\nimposed. He recounted the difficulties encountered on this\npoint in both World War II and the Korean War. The President,\nin a humorous aside, remarked that when he was in law school\nhe used to eat a lot of candy bars, \"and has anybody seen the\nsize of a Baby Ruth lately?\"\nA number of speakers urged the following points for the\nPresident's consideration: (1) that provision be made for\nconsumer participation in the administrative apparatus of Phase\nII; (2) that controls be as inclusive and across the board as\npossible for the purpose of reassuring consumers that the\nprogram really means business; (3) that the burdens of sacrifice\nbe spread as equally as possible in all sectors of the economy;\n(4) that price surveillance by consumers be encouraged; (5) that\nspecial consideration be given to the problems of low-income\nconsumers; (6) that effective enforcement machinery be\nprovided; and (7) that tough sanctions be invoked for violations."
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