Summer Daily Summer Edition of THE MICHIGAN DAILY Edited and managed by students at the University of Michigan Friday July 20, 1973 News Phone: 764-0552 Phase IV requireos rigid enforcement PRESIDENT NIXON'S new Phase IV is an attempt to stem the problem of inflation, but the government's intentions in the administration of the controls is in doubt. Unless a firm stance is taken in the forthcoming months, the menacing problem will remain with us. The new program puts government intervention at a level higher than the ill-conceived Phase III but less than the present freeze. By revising the features of the old programs, the President hopes to avoid earlier mis- takes. Phase IV will constrain industry price rises a great deal more than Phase III but will let food stuffs, except meat, operate without controls, unlike the just com- pleted freeze. The familiar 5.5 per cent wage guideline will remain in effect. THE ESSENCE of the control program is the govern- ment's regulation of the price increases of the country's major businesses. If the administration force- fully moves against unnecessary and unfair increases, inflation may be stemmed over a period of time. But if the administration weakens in the face of industrial pleas for higher prices, the program will be a failure. John Kenneth Galbraith, ambassador to India under former President John Kennedy and one of his economic advisors, said Phase IV is "all right as far as it goes." But Galbraith added a concern of many: "It leaves the enormous problem that the price controls are still in the hands of people who don't believe in them." THIS OBSERVATION is proved by the actions of Phase III and their disastrous results. Because of Nixon and his advisors' aversion to a controlled economy, the tight controls of Phase II were modified to the loosened regulations of Phase III. And as predicted by most liberal economists, the economy exploded in unprecedented inflation. Unless the new program is strictly enforced a simliar conse- quence may occur. Thus it is particularly unnerving that President Nixon made his pledge to remove all controls by early 1974. Although they may be uncomfortable for the Presi- dent, they are necessary. As former chairman of the Council of Economic advisors, Walter Heller stated, such statements "tend to weaken the control's effectiveness." IF THE CONTROLS are enforced by the administration with strict adherence by the business community, inflation may be made to subside. But if the record of the past prevails, little relief is in sight. Stevenson's decency missed today By JAMES WECHSLER IT HAS BEEN just over eight years since Adlai Stevenson was suddenly and mortally strick- en as he walked in the sunlight of London's Grosvenor Square. No national observance commemorates either his death or birth. But amid the squalid disclosures emerging from the Watergate hearings, me- mories of Stevenson assume a fresh poignancy for those who were in- spired by his voice. BY THE STANDARDS of poli- tical conduct and achievement enunciated by John N. Mitchell last week, Stevenson was a political "failure." As the former Governor of Illinois, he ran for the Presi- dency twice against the Eisenhow- er - Nixon ticket, and he was de- cisively defeated both times. Dur- ing both campaigns it was. Rich- ard Nixon who performed the role of hatchet man for the folk-hero general, and it was Nixon for whom Stevenson reserved his deepest con- tempt and combative spirit. But Eisenhower dominated the scene. When Stevenson made his belat- ed and almost half-hearted bid for a third Democratic nomination in 1960 ultimately captured by John F. Kennedy, the prospect of direct confrontation with Nixon as the probable GOP standard-bearer was probably what moved him most. I think he believed such a con- test would have been a true test of his capacity to arouse the country's best instincts and that the poli- tical fates had treated him harsh- ly by aligning him against Eisen- hower in the previous races. IRONY AS WELL as sadness crowds the faded clippings. Thus in 1952 Nixon led the assault on Stevenson as an "appeaser" who had been tutored in "Dean Atche- son's Cowardly College of Commun- ist Containment." He demanded that Stevenson pledge his unequi- vocal opposition to "recognition of Red China" and his eternal sup- port for Chaing Kai-shek, unless he did so, Nixon cried, "he forfeits even the right to be considered for the Presidency." Nixon said "noth- ing would please the Kremlin more" than Stevenson's election. Just two decades later, of course, Nixon was to be favored with the ill-concealed support of both Mos- cow and Peking as he waged his re- election drive. But beyond those issues on which Richard Nixon's Presidency cari-. catures his anti-Stevenson dema- and timidity. His first majorspeech of the -1952 campaign - and in some ways the finest hour of his political life - was delivered be- fore an American Legion conven- tion and embodied a full-scale at- tack on "the climate of fear in which we live." But as the quality of life within the Nixon Administration is un- folded in all its wretched. detail, what Stevenson essentially stood for acquires a new radiance. The "White House horrors," mingling contempt for law with massive de- ception of the people and the pro- tection of power at any price, re- present everything he despised and fought. The hard, cardboard, con- But as the quality of life within the Nixon administration is unfolded in all its wretched detail, what Stevenson essentially stood for acquires a new radiance. :: "s :'- :::: 5-'-:{"- "'~'}:":::"'{,.}a:'. ,:}{. - o s a mm- " gogy of those years the chasm between the two men has far more profound aspects. They have pe- culiar relevance to the present. More than anything else, Steven- son had a passionate commitment to what Learned Hand called the "faith in the supremacy of reason" and "a grave reliance upon free discussion." He loathed political dogma and fakery; he cherished dis- sent and civility. To him the de- fense of freedom and the Bill ef Rights was neither a partisan nor factional cause, it was the heart of the matter. Thus, in the worst hours of the Joe McCarthy madness, he never yielded to the counsels of retreat spiratorial operatives, so coldly personified by Mitchell, would have been unimaginable in a Stev- enson government. RARELY has there been a mo- ment since his death when one so longed to heardhis voice again, reminding us of the national de- cencies, the sense of justice and human grace that have been af- fronted and betrayed by the de- pravities of the Watergate mob and its spiritual leader in .-the Oval Office. James Wechsler is the editorial director of the New York Post. Copyright 1973, New York P o s t Corporation. not insane Watergate faces seem alike? Choose a favorite for a prize robert barkin Watergate has created so many characters that it is difficult to keep them straight. If you've seen one conspirator, to paraphrase an old agade, you've seen them all. But, is this true with the Water- gate crew? - We certainly hope not. In fact, because we find the perjurers on parade so fascinating, we are of- fering a free year's subscription to The Daily for the best response to: Who is your favorite Water- gate conspirator and why? Anyone who has been implicated in the Watergate bugging, the cover-up effort, illegal fund-rais- ing or other nefarious deeds can be entered as your favorite. Keep your answers to 25 words or less. Emphasis should be plac- ed on originality. Why is your en- trant your favorite? Does he lie with a particular flare? Is his arrogance particularly nauseating? Or is he just a plain old bastard? We want to know. The best entries will be placed on the Editorial Page. The contest closes July 27. Mail your entries or bring them to The Daily office: Not Insane Watergate Contest Michigan Daily 420 Maynard Ann Arbor THE A Look at COST OF 1311 Dan. 11 138 IPNASE 3 129 /ordarr Compliance 128 127 Nov.14 PNASE 2 16 Aug. 15 PA1 uly 18 126 Ag1 Wage - Prie Contrels President itop 125 PNASI Anounces President Nie June 13 PHASE 4 124 launches 90-DarfreezePresident ixon 123 LAn oaute 0a- FreA eee of Retail 122 1&Wholesale Prices 121 120 1971 1972 1973 Source: ept t of labke The Nixon record