
Edward R Murrow 52-06-30 (x) Truman Signs Wage And Price Control Bill
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This is the news. The President has signed a bill extending wage and price controls for another 10 months. All controls, including rent, would have ended at midnight tonight if the President had refused to sign the bill. House Speaker Sam Rayburn, after talking to Mr. Truman, said the President was not happy about the legislation presented to him. But he signed it because it was the only thing he could do. Mr. Truman wanted controls extended for another two years. Congress voted only a ten month extension. The the President will have more to say about the measure tomorrow if all goes well. Congressional leaders hope to adjourn on Saturday on the eve of the Republican Convention, which begins next Monday. Senator Taft arrived in Chicago today. He said he is willing to affect a compromise on the 38 contested Texas delegates. But he said to do this, both sides have to be reasonable. Senator Carlson of Kansas, an Eisenhower supporter, said the General is in no mood to compromise. The National Republican Committee will begin hearing arguments on contested seats tomorrow. In addition to the Texas dispute, which will come up last, the committee will hear 34 cases involving six states. As of this hour, television cameras and recording equipment will not be permitted in the hearing room despite the fact that Senator Taft and Senator Lodge, speaking for Eisenhower, have indicated they have no objections. The National Committee chairman, Guy Gabrielson, says he is now polling committee members on how they feel about this matter. He also announced that General MacArthur's keynote speech is written and has been checked by responsible party leaders. There is no definite decision on whether MacArthur will deliver the speech. In uniform. My colleague Dave Schonbrunn telephoned a few minutes ago from Denver. He reports that General Eisenhower will leave for Chicago on Thursday with speeches scheduled for Lincoln, Nebraska and Ames, Iowa. He is due to arrive in Chicago at noon on Saturday. In Houston, Texas, the annual Governor's conference is in its first day. Another colleague, Ed Morgan, is covering that meeting. Ed, what's the gossip in Houston?
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Well, Ed, like Texas oil, the gossip is coming in. Gushers we might try to bottle up a little of the Democratic brand first, though its value as a lubricant can't be guaranteed. Interested governors seem to sense a smooth and powerful sound to a combination of cousins Stevenson and Russell as a potential Democratic ticket. Last April 16th, the governor of Illinois issued a 367 word statement saying in essence and with manifest sincerity that he didn't want to run for president and that he was not then a candidate. This morning Mr. Stevenson issued a similar statement, but it was 166 words shorter and it skirted the point in a smaller circle. He said he was not being coy or trying to pick up an opponent and that he wouldn't participate in a draft. But what if one came? Well, he'd have to decide then. This, as one Houston paper puts it, leaves Stevenson with his foot in the door. There is an almost palpable air of compromise Ed among the Democratic governors, which is where Georgia's Senator Russell comes in the not of his own volition as possible vice presidential timber. For instance, Governor Dever of Massachusetts, who will be the Democratic keynoter, had kind words for Russell. And many governors on both sides of the Mason and Dixon line have talked of the need for unity on the issue of civil rights. It suggested that the Stevenson Russell team might provide the proper balance to avoid any possible Dixiecrat bolt. Most of the Republican governors here are making large and enthusiastic noises for General Eisenhower. Just a little while ago, Governor Dewey of New York said that since his arrival last night he had learned from other governors, Republicans, of course, that as many as 40 Taft votes would switch to the general on the second ballot. He spoke of this switch as being definite, but he wouldn't say who the governors were he talked to or where the switches might come. And indeed, a loyal Taft minority consisting of the governors of Utah, Idaho and North Dakota in the insisted that this was just speculative talk and that the Senator was still the strongest candidate. Technically, of course, this 44th annual convention of governors isn't concerned with politics at all. They are struggling bravely through an agenda of tax problems, highway matters and higher education curricula. But when the first session was just about to convene officially this morning, a fuse blew out leaving the delegates in total darkness. A cynical observer remarked this was due to the supercharged political atmosphere. Another blamed it on the heavy weight of Texas hospitality. The visitors have been deluged with literally tons of gifts ranging from cowboy boots to brochures on the conference bound in unborn calf skin. Such is the opulence of Texas. There's a constant round of conferences and sightseeing, cocktail parties and pre convention caucusing. And that, Ed, is what the governors have been doing.
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That was Ed Morgan reporting from Houston. Texas Senator Dick Russell, campaigning for the Democratic presidential nomination tonight accused Gail Sullivan, Senator Kefauver's campaign manager of indulging in gutter politics. Russell said that a recent statement by Sullivan that Russell would take second place on a ticket with Governor Stevenson is a despicable campaign falsehood. Secretary of State Dean Acheson was in Vienna today following a visit to Berlin. I'd like to discuss the implications of those two visits in a moment. Three days of heavy rains have kept ground fighting in Korea to a minimum. And once again there was no air action. The truce talks, which have been recessed for the past three days, will resume tonight. And South Korean President Syngman Rhee has told his assembly if it doesn't adopt his proposed constitutional amendments within the next couple of days, he will find means of dissolving the Assembly. Chiang Kai Shek, in a Cable interview with U.S. news & World Report, urged an all out bombing of China's war industries. He said he doubted the Communists could contain a revolt which such attacks might inspire. Egypt tonight is in the midst of its third cabinet change in five months. But details leading up to the change are being delayed by heavy censorship. The State Department, despite recent congressional disapproval of the St. Lawrence Seaway project, has told the State of New York it can go ahead with negotiations to set up a preliminary power plant with Canada. The plant would be jointly financed by the State of New York and Canada and is expected to be completed within the next six years. The Senate has approved funds to build up the air force to 143 wings within the next three years. We now have approximately 90 wings. There were no new developments in the steel strike today other than an official estimate that Production is now 12% of normal. And here in New York we had our first 13 alarm fire in five years. A converted trolley barn in Brooklyn caught fire. Eight tenements were destroyed. Damage is estimated at more than a half million dollars. 500 families had to be evacuated and the watchman is reported missing. Today, Secretary of State Acheson said in Vienna that American troops will remain in Austria until its independence is assured. He said that three of the four powers in Austria want to go home, indicating that the fourth, Russia, does not want to leave. The Western powers have about 25000 troops in Austria, while the Russians have an estimated 40,000. Mr. Acheson's visit to Vienna is in the nature of a journey of goodwill in return for the recent visit of Austria's Chancellor Figel to Washington. But Alexander Kendrick cables me from Vienna tonight that the Acheson visit is having an extremely disturbing effect on Austrian public opinion. The Communists are charging that the Acheson visit means that Austria will soon be rearmed and developed as an American military base. Also that we are trying to arrange an agreement between Austria and Yugoslavia as part of the anti Russian front in middle Europe. Kendrick reports that these charges are having a tremendous effect on the morale of the Austrian people who just don't want to be involved in anything more serious than party politics, bank scandals and the relative Merits of Beethoven vs Bartok in European history. Foreign ministers visits generally are made in order to make deals, generally in secret. Kendrick believes that the Atchison visit is creating more suspicion and fear than goodwill. Today the Western Allies sent their ninth protest in five weeks to the Russians in Berlin. They accused the Russians of carrying out brutal mass expulsions of Germans along the border between east and West Germany. Six highway frontier points have been closed. Two railway lines between east and West Germany have been cut and telephone communication between the two zones has been interrupted. The west claims that the Russians are trying to split Germany in two, prevent any communication between the two parts of the country. In all this propaganda and counter propaganda about Atchison's visit and the tightening controls between east and West Germany, it may be that one of the most important developments of the weekend has been obscured. That event was the completion of the East German canal which bypasses West Berlin. Since last year the Communists have been laboring mightily digging a new canal which connects the Oder and the Elbe rivers without touching West Berlin. It's about 23 miles long and was scooped out of the sandy and swamp soil at prodigious cost. This means that thousand ton barges are now able to go around West Berlin without the possibility of interference or stoppage by the Western authorities. Since last year the Russians have been able to move their freight shipments by rail around the western sector of Berlin. All this means that the communists have trumped one of Our main reprisal cards if they should decide to put the squeeze on Berlin with another blockade. Berlin lies 100 miles deep in Communist held territory and the Communists can now bypass the Western sector both by rail and by canal. The only conceivable justification for the completion of this 23 mile canal must be strategic and political. It tightens the Communist stranglehold on Berlin and makes it possible for them to cut the corridor leading to it without themselves being in danger of having their own rail and barge traffic stopped at the West Berlin bottleneck. If they choose, they can now, upon one pretext or another, close the corridor leading to Berlin leaving the Western powers without any effective means of economic retaliation. This is Ed Morrow. I'll be back in a moment with the word for today. Now here is Bob Dixon.
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Secretary of State Acheson went to Berlin and Vienna primarily to reassure those who feel that the worst may be yet to come. Mr. Atchison doubtless knows well what Lord Chesterfield meant when he said, fear instead of avoiding danger, only invites it. He also knows that the Roman historian Livy was right when he observed the less there is a fear, the less there is of danger. Good night and good luck.
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You can tell by all the talk and excitement that 1952 will be the most exciting election year in American history. What a letdown it would be to be left out at the finish. Don't let that happen to you register. Remind your friends to register. Call your local office in charge of elections, your city hall or county courthouse, and do it quick. Register to be sure you have your own say on November 4th. Don't be left out of this important election. Listen to Morrow tomorrow. This is the CBS Radio Network.
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Episode: Edward R Murrow 52-06-30 (x) Truman Signs Wage And Price Control Bill
Original Air Date (Content): June 30, 1952
Released: November 6, 2025
Host: Edward R. Murrow, with reports from Ed Morgan and commentary by Bob Dixon
This episode revisits a classic Edward R. Murrow news broadcast from June 30, 1952, focusing on the immediate extension of wage and price controls by President Truman, the political maneuvering leading up to the Republican and Democratic National Conventions, significant developments in U.S. foreign policy, and tensions in Europe during the early Cold War. The program weaves hard news with on-the-scene political analysis, offering listeners an immersive snapshot of the era’s political climate and global affairs.
| Timestamp | Speaker | Quote / Moment | |-----------|---------|----------------| | 01:18 | Murrow | “The President was not happy about the legislation... but he signed it because it was the only thing he could do.” | | 03:33 | Ed Morgan | “Ed, like Texas oil, the gossip is coming in gushers…” | | 05:12 | Ed Morgan | “This, as one Houston paper puts it, leaves Stevenson with his foot in the door.” | | 09:50 | Murrow | “American troops will remain in Austria until its independence is assured.” | | 11:28 | Murrow | “This means that thousand ton barges are now able to go around West Berlin without the possibility of interference or stoppage by the Western authorities.” | | 13:41 | Murrow | “Fear, instead of avoiding danger, only invites it…” | | 12:32 | Bob Dixon | “The Pittstown, New Jersey Anti Horse Thief association has been disbanded. That’s a pity, for there’s a lot of horse stealing happening every day. Not exactly horses, but horsepower.” |
The episode maintains Murrow’s authoritative, measured clarity, with periodic injection of humor and color by reporters like Ed Morgan. The language is distinctly formal and period-appropriate but remains accessible and engaging, filled with memorable turns of phrase and sharp political insight.
This episode offers a richly-layered portrait of a nation and a world in flux: domestic anxieties over inflation and labor, cutthroat political maneuvering ahead of the 1952 election, and the ever-present shadow of Cold War strategy and propaganda. The reporting is thorough, nuanced, and often witty—making timeless listening for history buffs, political junkies, and fans of classic journalism alike.