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Show MOLEY VISIONS TRADEJPTURN Editor Notes Buoyant Trend in Week Rs,..nd" Moley, who. as No. 1 brain truster In early days of the new deal, watched the original priming of the economic pump, ssid in Salt Lake City Friday night the $ , T ? ' I , V - J Xn i."t V m:, ) " : RAYMOND MOLEY The Lull Is Only Temporary current business recession is "only a temporary lull." Mr. Moley. former assistant secretary sec-retary of stste and now editor of a news magazine, was en route to Los Angeles. "In the esst. one encounters some pessimism regarding business, but the farther west one goes, ths better bet-ter the feeling is." he said. "I'll concede . that business has receded, but I believe it is only a temporary lull." Mr. Moley lauded the federal government's gov-ernment's proposed housing program. pro-gram. "It must be carried out if we are to satisfy a need for' housing." he said. "Three things must be done: Reduce cost of money for building, reduce materials cost and reduce labor cost. "These three costs are holding us back." |