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  • and opportunities. He mentioned the insurance companies' pledge o1 $1 billion to aid the construction of homes for poor families as an example of the needed involvement of the private sector. The President hoped that "the labor movement will want to outdo
  • and rising demands for new homes. But it probably should not shift towa,rd extreme ease to provide a maximum . economic· stimulant. For one thing, balance-of~payments considerations are • likely to limit, to some degree, the easing of credit. Secondly