Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-10-22
Snla|I-business
Aid IsCIainled
by Eisenhower

IDy ENeIlllOWeI
President Eisenhower says the
record shows that his admins
Itration has done more for small
business than any prior admin
iStration."
That is part of his answer to
a major campaign theme Of Adj
lai Stevenson that it is time to
take the Government away from
General Motors and give it back
to Joe Smith-a name the Dem
ocratic presidential candidate is
trying to make a symbol of a
forgotten ''little man."
Mr.. Eisenhower reviewed small
business progress during his adj
ministration in a letter to Fred
A Herman, chairman of a Ro-
chester, N. Y, Small Business.
men for Ike" organization.
The Presidents letter, re-
leased to today's newspapers, was
in reply to a telegram from Mr..
Herman urging him to set forth
his excellent record" in con-
trast to 1.-THE doubtful promises
of your opponent" Mr.. Herman
expressed concern over mis-
representation" of the program
by those opposing his reelection.
The printed exchange served to
fill a Sunday-Monday vacuum in
the Presidents personal cam
paigning for a second term. He
returned to the White House Sat-
urday night from a five-State
Western electioneering swing
that fortified his confidence in
election victory two weeks from
tomorrow.
New York Speech Set
Only one other major cam
lpaign speech that will take the
President out of Washington has
been announced so far. That will
come Thursday night in New
York at Madison Square Garden.
Mr.. Eisenhower will carry on
his campaign in two local APP
pearances before going to New
York, In one of those, he will bid
for the labor vote in a speech to-
morrow night at a dinner of the
Carpenters and Joiners Union in
the Sheraton-Park Hotel.
What the White House de-
Iscribes as a new campaign tactic
for a presidential candidate will
come Wednesday when Mr..
Eisenhower appears on a CHS
Itelevision program from 8 to
$3.50 pm. answering questions
from a panel of women.
James c. Hagerty, the Presi-
dents press secretary, said the
Wednesday program was de-
signed primarily for women in
explaining why it was scheduled
for mid-afternoon. The program
will originate in the CHS studio
here.
Says Facts Are Plain
Writing to Mr.. Herman, Mr.
Eisenhower said:
1.-THE facts are plain on the
record. They confirm the fact
that this administration has done
more for small business than any
prior administration.
This administration believes
in small business and regards its
continued successful operation as
essential to our whole national
economy :. from this admin
istration's very first days in Of
flee, we in Washington have
worked steadily and in many di-
rections to ease the way for
small businesses and to improve
their opportunity to thrive and
grow"
Asserting that in the past three
and a half years America "has
enjoyed an unprecedented pros
perity." the President said "this
has offered an economic climate
most favorable to the growth OF
small business.
Confidence in Air"
He added:
There is new confidence in
the air, among consumers and
businessmen, among farmers
workers and investors. Conn.
dence is the prime stimulant fol
all business activity, small. me.
dunn sized and large"
Mr.. Eisenhower recalled thai
he created the Small Bushes.
Administration as 1.-The first in.
dependent peace-time agency tt
devote itself exclusively to mat.
tiers of interest to small bust.
ness"
Among other measures o.
specific help to small bushes!
during his administration, h,
listed these:
/. Tax relief, including allow
ling the excess profits tax tc
expire at the end of 1858; more
flexible depreciation allowances,
liberalized loss carry-back pro-
visions, and greater leeway in
redemption of stock to provide
farms for death taxes.
4 2. Elimination of 234 Federal
Government activities normally
in the private commercial field
thus increasing small bushes:
opportunities - and with new
steps coming in this line.
Contract Awards Cited
8. Direct awards of $11.3 bill
lion in Government contract,
to small business concerns dur.
ing the last three fiscal years
representing % per cent Of
the total prime contracts award
ed by the Government during
the period as compared to 1914
per cent for the fiscal years
l1Q51-53