Fight Pledged By Putnam Oil Inflation
SPRINGFIELD, Mass., Nov. 26 (IP).ÛÓIndustrialist Roger Lowell Putnam, thrice Springfield mayor, who was named Economic Stabilization Administrator tonight pledged himself to fight inflation.</br></br>Putnam said the United StatesÛª economic stability ÛÏis the staff on which the whole free world leans for security in these troubled times. It is my job to keep this staff strong so that We in America may be the guiding light for freedom everywhere.Û</br></br>When informed President Truman had named him to the post to succeed Eric Johnston, Putnam said: ÛÏThatÛªs very interestingÛÓIÛªm glad to hear it.Û*</br></br>Putnam, prominent Democrat and president of the Package Machinery Co., at East Long-meadow, Mass., said he 4fkind of had the ideaÛ he would get the job. He said he had conferred about the position with Mobilization Director Charles E. Wilson.</br></br>Mr. Truman gave Putnam a recess appointment, effective December T. Johnson resigned last week to return to his post as motion picture czar.