Congressmen meanwhile looked to inflationary and federal licensing methods as a means of achieving Mr. Roosevelt's price programme, The programme caused some grumbling and confusion in Congress because of the President's failure to specify the machinery by which some prices might be raised and others lowered in accordance with his price programme, Senator Elmer Thomas, Democrat of Oklahoma, said the President's price programme meant that Administration would be forced to adopt an inflationary policy, "Now that they have decided upon it," he said, "they must go through with it" He saba he believed the Government's goal could be achieved without issuing new currency because the Administration was fully empowered to use other machinery such as the Federal Reserve Banks and open' market operations, The second method discussed in Congressional circles as a means for promoting the President's price programme was the Borah-O'Mahoney Bill which would issue Federal licences to all inter-state corporations as a means of ending monopoly price-fixing—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.