Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation.

Tell them to send everything that can fly.

The press is the enemy.

Italy hasn't had a government since Mussolini.

Nothing would please the Kremlin more than to have the people of this country choose a second rate president.

The greatest honor history can bestow is the title of peacemaker.

I made my mistakes, but in all of my years in public life, I have never profited, never profited from public serviceI have earned every cent. And in all of my years of public life, I have never obstructed justice. And I think, too, that I could say that in my years of public life, that I welcome this kind of examination, because people have got to know whether or not their President is a crook. Well, I am not a crook. I have earned everything I have got.