OCR Text |
Show Demo Dinner Holds Line on Inflation The Democratic National Committee's Com-mittee's National Victory Dinner in Washington on February 28 will comply with the President's frequent admonitions for voluntary volun-tary action to hold the line on inflation. Although the cost of living has risen 9.2 per cent since President Eisenhower took office in 1953, the 1959 fund raising dinner in Washington will still be served, compliments of the Democratic National Committee, to donors of $100 just as was done in 1952. In announcing this hold-the-line against inflation policy Paul M. Butler, chairman of the National Na-tional Committee, explained: "We have resisted the temptation tempta-tion to follow the policy of administered ad-ministered price rises which has become so widespread during the Eisenhower administration. We are holding the line at $100 with no reduction in the quality of the meal. It is true we have had to shorten the speaking program because of the increased cost of mimeograph paper, but otherwise other-wise the dinner committee is absorbing ab-sorbing the rising expenses of the evening's program as a patriotic pa-triotic effort to curb inflation. We are relying on low overhead and big volume to make our '59 fund raising dinner a success." |