6:49 The major weak spot in our fight against inflation is in the area of meat prices. I have taken action to increase imports from abroad, and production at home. This will increase the supply of meat, and it will help bring prices down later this year. But what we need is action that will stop the rise in meat prices NOW. And that is why I have today ordered the Cost-of-Living Counsel to impose a ceiling of beef, pork, and lamb. The ceiling will remain in effect as long as it is necessary to do the job. MEAT PRICES MUST NOT GO HIGHER, and with the help of the housewife and the farmer, they can, and they should go down. This ceiling will help in our battle against inflation. But it is not a permanent solution. We must act on all fronts, and here is where the federal budget comes it.
