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President Harry S. Truman's 303rd news conference, held in the Indian Treaty Room (Room 474) in the Executive Office Building at 10:35 a.m. on Thursday, May 8, 1952. Topics discussed include: President Truman's new glasses; congratulations on his birthday; remembering VE-Day (May 8, 1945) and the progress of world peace since then; current dangers of the U. S. economy; the steel crisis; the oil crisis; affects of enforcement of the Taft-Hartley Act; the mutual security program; the appointment of the Director of the Office of Defense Mobilization; Truman's reflections on life in the presidency, and post-presidential plans; the FEPC (Farm Employment Protection Commitee); and Truman's travel plans after retirment. Name mentioned: Ernest McFarland.