Pres. Harry Truman addresses Congress on the protections of owners and workers during government seizure of a business

The transcript discusses the constitutional protection of property owners during government operations, emphasizing the need for just compensation. It argues for similar protections for wage earners, ensuring changes in wages and conditions are not legally hindered during government seizure. The text outlines the necessity of establishing methods to determine fair compensation for both owners and workers, suggesting the creation of special boards to propose solutions within government stabilization policies. It concludes by stating that disputes between management and unions should be resolved through collective bargaining, not government seizure.

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