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The Government stabilization program should continue only on a standby basis, Archibald Cox '34, professor of Law, commented last night.
Cox, who resigned Thursday as Wage Stabilization Board chairman, said the Government should retain controls "only in those areas where they are still needed, like the metals industries."
He added that he has no idea whether or not the Republican administration will enforce any type of stabilization set-up.
Right now, Cox stated, the Government ought to organize a board to decide which fields need controls.
Controls Reinstated
Then, he said, "it ought to put something on the shelf that you can take down quickly. If there is a sudden change in the international situation, you may need controls reinstated."
Cox left his post Thursday after President Truman had overruled the Wage Stabilization Board and granted coal miners an increase of $1.90 a day. The board had ruled, under control formulas, the miners were entitled to only $1.50 more.
At that time Truman explained his decision as an attempt "to assure an orderly transition of the heavy responsibilities of government to the new Administration in as calm and stable an atmosphere as possible."
Cox said Truman's decision would either "violate the democratic principles of equality or preserve the forms of stabilization without substance."
Seven Quit
Seven members of the Board left with Cox, after issuing a statement calling Truman's action "a shame and mockery." They were all industrial representatives on the WSB.
Another University professor, John T. Dunlop, professor of Economics, left the Board August 1, at the same time Cox became chairman. Dunlop refused to comment on either Cox's resignation or Truman's decision.
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