davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

called the Reserve Boards action
'bar to new jobs" Blaming the
administration for the Boards step
it says: g. (. the administration
fitting with the windmill of infia-
ton will slow down expan-
sion.
In making money tighter or
easier, more plentiful or less, the
Federal Reserve Board under the
law must promote sustained eco
nomic growth and stability in the
purchasing power of the dollar.
To this end it must lean against
the wind. When there are signs
OF growing imitation the Board must
pursue monetary and credit policies
that will tend to restrain imitation.
When there are evidences of in
cipient or coming deflation, the
opposite course must be pursued.
Naturally the Board fills an un-
popular role when, during a time of
boom. it makes loans harder for
borrowers to get or, what is the
same thing, more costly.
The Boards Defense
The action in raising discount
rates in April was deemed justified
by the economic circumstances.
Governor M. S. Szymczak of the
Federal Reserve Board last week
reviewed the economic background
of that action. Seldom are the
economic signpostS clear and un-
equivocal. he noted. Monetary
policy formulation must take &C
count not only of the circumstances
of today but of tomorrow as we'll.
1t must take account of lags in the
process by which Federal Reserve
action is transmitted through the
credit structure to the ultimate
spending for goods and services.
The April discount rate hikes
were but continuation of a policy
of credit restraint that has char
acterized the past year. They are
not irrevocable. To quote Mr..
Szymczak:
"As long Os overall demands are strong
and continue to press oeoinst copoeity, it
is the unavoidable tosk Of policy to pre-
vent such demands from exertins infIo-
tioncry pressure, while encouraging growth
within the limits Of expanding cdpocity to
produce.
"As growth Of overall demonds slows
down in relation to potential output,
credit and monetary policy is modified
accordingly. eorly and promptly, to foeiI-
tote continued and sustoinobIe growth in
the economy"
We may count on hearing more
on this subject before Election Day.
Nor will November put an end to
the debate over money. For money
has been a political topic here since
colonial days and monetary policy
is today a major instrument for
regulating the economy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
REVIEW OF THE WEEK

is often at variance with the Presi-
dents foreign policy.
In the course of this action. with
the antithetic logic peculiar to
politics. convention speakers took
occasion both to extoll President
Eisenhower anu condemn the in
ternationalism of Senator Wiley
which is also the internationalism
of the President and indeed the es-
sence of his administration.
1t was the first time the or
ganization had expressed its dis
approval of the amiable, fiddle
playing lawmaker. 1t had casti-
gated him for not voting on the
resolution censuring his colleague,
Joe Mccarthy, and it had tagged
him with the label "interna-
tionalist," which. in the Midwest,
is term almost as opprobrious is
Yankee" in the South. So, while
disappointed by the conventions
action, the Senator Immediately
began his campaign to win the
real feat-the September IL Repub-
lican primary.
On Monday. he took the Senate
floor to accuse the State conven-
ton of having been run by king
makers" who had raised $150.000
to finance his defeat in the
primary. He broadly limited that
the money had come from oil in
terests, although his opponent in
the primary last year voted in the
House against the natural gas bill
just as Senator Wiley did. The
mention of oil brought Senator
Mccarthy, sometimes a sensitive
man, to his feet to call his colleague
TO order Senator Mccarthy has
many wealthy friends in. Texas.
Senator Wiley told the Senate
that he would not be intimidated
by "a convention which has no
legal authority" defective" might
have been more accurate adjec-
tive) and added that IF any one
expects me to turn my back on the
cause Of world peace through en-
lightened mutual security, then
that person has another guess
coming"
Former chairman and ranking
minority member Of the Senate
Foreign Relations Committee, Sem
ator Wiley is an effective spokes-
man for the Eisenhower foreign
policy. His defeat in the nrirnarv
would compound another loss to
the administration = the scheduled
retirement at the end of the cur
rent Congress Of Democratic Sena-
tor Walter George of Georgia, an
other tried and true friend of the
administration on international af-
fairs.
In keeping with his custom in
primary contests. however, the
President refused on Wednesday to
step into the Davies Wiley race.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
Three Steps Forward Brighten Outlook
For World Atomic Energy Program

Thus. on a regional basis. new
attempt is being made with good
hopes for success to supplement the
efforts Of the U. N.-sponsored In
ternational Atomic Energy Agency
to bring about effective world
atomic regulation.
z. Progress in U. N.
The U. N. agency, created by the
General Assembly in 1855. has re-
Gently sent TO Secretary General
Dag Hammarskjold the text of a
draft statute for its permanent
organization. A world conference
in September will consider the
statute and, If the decision is favor
able. open the document for sigma
lures of member nations.
Delegates from IL nations took
part in the drafting Of the proposed
statute, negotiating group COM
posed Of those IL plus six more to
be named by the world conference
will begin advance planning during
the period when the U. N. member
nations are in process Of ratifying
the statute.
3. Radiation Research
In vitally-related field, the
Scientific Committee on the Effects
OF Atomic Radiation. created by the
United Nations In a resolution OF
December 3. 1855. has held its first
meeting and has called for a pre-
liminary report by August on pre-
liminary measurements Of natural
radiation background and of en-
vironment contamination caused by
man-made radioactivity.
This body intends TO make a COM
plete study Of every aspect of the
effects Of radiation on humanity.
including the all-important genetic
effects Out Of the study may come
definite,standards Of measurement
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
BY FRED THEROUx

Despite the continuing wide gulf
between nations over machinery for
controlling atomic weapons, there is
a slow but sure international move
ment toward cooperation on atomic
development for peaceful uses that
might. in time. provide back door
through which future co-opera-
ton on the military level can be
reached.
Three recent developments point
! up this world program on the nom
military atomic front:
!. European Meeting
Last week the foreign ministers
Of six European nations concluded
a meeting in Venice called to begin
organization of European Atomic
Community. The proposed appara-
tus would seek to apply in the
atomic energy field the same prin-
ciples so far successfully applied
in the European Coal and Steel
Community. And, although the
Venice sessions achieved little more
than a tentative meeting Of minds
on the subject, another meeting
was definitely scheduled for Brus-
sells on June 26 to begin the draft
ing Of treaties putting the plan on
the road.
The six nations are the Little
Europe" powers in the Coal and
Steel Community plan-West Ger
many. France, Belgium. Italy. the
Netherlands and Luxembourg. They
propose a common assembly with
powers TO set UP European Atomic
Commission. A council of minis
tiers would work with the commits
sion and coordinate policy with
the policies OF the six member
nations. Other European nations
would be invited to join in the
common effort. or at least to CO.
operate with T..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

and accurate knowledge of the max
imum tolerance Of radiation.
Of hopeful significance is the
fact that the Soviet Union is repre-
sented in both Of the U. N.-spon-
sored atomic agencies. and has in
dicated a cautious willingness to
join with nations of the nom Com
munist orbit in full-scale attempts
to harness nuclear energy for the
welfare Of humanity.
Progress in'nuclear research since
the day in l945 when the worlds
first atomic bomb shattered the
Japanese city Of Hiroshima has
been far speedier than the most
optimistic scientists then proph-
esied. Today, not quite IL years
later the Hiroshima A-bomb has
become almost a Fourth of July
firecracker by comparison to its
grim descendant, the hydrogen or
fusion bomb with unlimited de.
structive power. At the same time
progress on peaceful uses has also
been swift. Atomic energy ever
now is generating electricity anc
has proven its practicality in TIN
propulsion Of ships.
So fast and iar-reaching ha.
been nuclear development that tia
necessity for some workable ar.
rangement for international regu-
lation and control of atomic energy
applications has become painfully
plain TO responsible leaders Of prac-
tically every nation on earth. Even
the cold wsr has been unable to
sidesrack the recognition Of the
compelling need for determined
steps to direct nuclear energy to
the service Of mankind before some
abuse Of its potential makes man
kinds welfare academic. The flgst
hesitant moves in Europe and in
the y. NJ may help the world meet
that need
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
Continued From Page Az

the old political recipe of hand
shakes smiles and a little corn.
The immediate result of Mr.. Ste
venson's California primary victory
on Tuesday was his capture of the
States big delegation of SO nomi-
mating votes at the Democratic con-
vention on August l3. A more long
range result. many observers be-
lieved. would be a gathering
stampede of delegates who want to
be on Stevenson bandwagon
when it reaches the end of its trip
at Chicago'S Convention Hall.
For the handshaking Senator
Kefauver, defeat in the California
primary, last Of the presidential
primaries, left only the slimmest
threat of a hope that he will
emerge from the Chicago conven-
ton as the Democratic presidential
candidate. The cautious were quick
to point out. however, that the
California landslide did not mean
the nomination will be a shoo-in
for Mr.. Stevenson. There are
other Democrats, and strong ones
who want to set up housekeeping
at 1900 Pennsylvania avenue. Lead
ing all the other contenders, by
Mr.. Stevenson's own appraisal. was
New York Gov. Averell Hartman.
Gov. Hartman and his formi-
dable hackers hope to rally other
dark horses, notably Senator Stuart
Symington, to Stevenson
drive. This tactic, however, would
appear to be lacking most Of the
elements necessary to success.
For one thing. Mr.. Stevensons
performance in California demol-
ished Kefauver claim that had
come to be more and more ac-
cepted among the dopesters. That
the moderation" of the 1852 can
didate on the civil rights issue was
not acceptable to Negroes. In Cali
fornia Mr.. Stevenson took the great
bulk of the Negro vote, leading
Senator Kefauver by to in
some Negro precincts. And. despite
the fact that his opponent had
bigger and better promises for the
farm voters, Mr.. Stevenson won
handily in most Of the rural areas.
Because previous primary VIC
tories by Mr.. Stevenson have been
lar from impressive, Gov. Harri-
man might have counted heavily
on the argument that the former
Illinois Governor Just was not a
vote-getter. Such an argument
obviously will be difficult to sell
on the convention floor, for Mr..
stevenson. abandoning the subtle
quips that have become his trade
mark. took to handshaking and
personal contact like a-well, like
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
Other Primaries

There were primaries. too, in
Iowa and South Dakota this week,
but both were quiet compared to
the California battle. Democrats
not very convincingly still claimed
to see signs Of a farm revolt in
the voting results in the two mid
western States.
The big interest-what there was
Of twas centered on senatorial
nomination contests. In Iowa,
Senator Bourke B. Hickenlooper,
faithful advocate of the admins
tration's flexible farm support pro-
gram easily won denomination over
an opponent in the Republican pri-
mary who campaigned for high
and rigid price supports. There
were few Democrats who said
they believed that the Democratic
turnout of more than 100000 votes
the largest in 10 years-was an
indication Of farm unrest.
The extremely light Republican
vote in South Dakota's Tuesday
primary smacked of a farm revolt,
said Ken Holum, who won the
Democratic Senatorial nomination
and will face Senator Francis Case
in November. The Republicans de-
ned this, however, and blamed the
light vote on a lack of statewide
contests.
Wiley Tokes Stond
Republican Senator Alexander
Wiley. champion Of cheese and in
ternationalism, announced last
week that he was ready to defend
the Eisenhower foreign policy in a
Wisconsin primary campaign de-
spite advance warning that the
States Republican organization is
on the other side.
On May rs, the Wisconsin State
O. o. P. convention refused to in
dorse the denomination of Senator
Wiley. and instead threw its sup
port behind Representative Glenn
Davis, who. though heb"likes Ike"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

a Kefauver. He even rode horses
and dressed himself up in cowboy
regalia.
Much now depends on Harry
Truman, whose name will be magic
in party circles as long as he lives.
Pausing in his travels at Bonn,
Germany. Mr.. Truman said he was
"glad' Mr.. Stevenson topped Sena-
tor Kefauver in California. but
added that II have no candidate
and no favorite."
California Republicans also voted
Tuesday for their choice of a Presi-
dental candidate, with the expect
ed results: Their 70 delegates went
. to President Eisenhower, who al
ready has 100 pledged to him-l28
more than he needs for nominal
fiAV1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

a faint indication-of the Presi-
dents responsibilities. Entirely
aside from the making of impor-
tant decisions; there is the formu-
lation Of policy through the Ma
tional Security Council. and the
cabinet; cooperation with the Con-
gress and with the States: there
is for the President a continuous
burden of study. contemplation and
reflection.
OF the subjects demanding this
endless study. some deal with for
eign affairs, with the position Of
the United States in the interna-
tional world. her strength. her as
pirations. and the methods by
which she may exert her influence
in the solution of world problems
and in the direction of a just and
enduring peace. These-all of them
are particular constitutional
responsibility of the President.
These subjects, requiring study
and contemplation, include, also.
major questions affecting our econ
omy, the relationships of our gov
eminent to our people, the Federal
Governments role in assuring our
citizens medical and educational
facilities, and important economic
and social policies in variety of
fields.
The President is the ConStitu-
tional Commander in Chief of our
Armed Forces and is constantly
confronted with major questions
as to their efficiency, organization.
operations and adequacy.
Never Escapes Office
All these matters, among others,
are with a President always; in
Washington, in a summer White
House, on a weekend absence. in
deed, even at a ceremonial dinner
and in every hour of leisure. The
old saying is true, "A President
never escapes from his Office"
These are the things to which
/ refer when l say i am now
carrying the duties of the Presi-
dent. So far as l am concerned,
/ am confident that l can con-
tinue to carry them indefinitely.
Otherwise, would never have
made the decision l announced
today.
=. / am determined that every
American shall have all available
facts concerning my personal con-
dition and the way I am now con-
Quoting the affairs of this Office.
Thus. when they go to the polls
next November to elect a Presi-
dent of the United States, they can,
should l again be one of the nomi-
nees, do so with a full understand
ing of both the record OF this adj
ministration and of how propose
to conduct myself now and in the
future.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

continue to serve them in the Office
now hold. I have concluded that
! should permit the American people
to have the opportunity to register
their decision in this matter.
Guided by Doctors
In reaching this conclusion I
have. first of all, been guided by
the favorable reports of the doctors.
AS many of you may know, their
reports are that my heart has not
enlarged, that my pulse and blood
pressure are normal, that my blood
analysis is excellent, my weight sat-
isfactory, and / have shown no signs
Of undue fatigue after periods of
normal mental and physical activity.
In addition, have consulted lit
orally with multitudes of friends
and associates, either personally or
through correspondence. With their
advice-once had been assured of
favorable opinion-I have dill
gently sought the path of personal
responsibility. and of duty to the
immense body of citizens who have
supported me and this administra-
ton in what we have been pointly
trying to do. In the last ANALYSIS.
however, the decision was my own.
Even the closest members of my
family have declined to urge me to
any specific course, merely saying
that they would cheerfully abide
by whatever / decided was best
to do.
Public Interest
From the moment that any man
is first elected President of the
United States there is continuous
public interest in the question as
to whether or not he will seek re-
election. In most instances, Presi-
dents in good health have sought,
or at least have made themselves
available for. a second term.
In my own case this question,
which was undecided before my re-
cent illness, has been complicated
by the heart attack I suffered on
September "a last year. Aside
from all other considerations.
have been faced with the fact that
am classed as recovered heart
patient. This means that to some
undetermined extent I may pos
sibly be greater risk than is the
normal person of my age. My doc
tors assure me that this increased
percentage of risk is not great.
So far as my own personal sense
of well-bei1g is concerned, l am as
well as before the attack occurred.
1t Is, however, true that the opin-
ions and conclusions of the doctors
that can continue to carry the
burdens of the presidency, con-
template for me a regime of or
dered work activity, interspersed
with regular amounts of exercise,
recreation and rest. A further
word about this prescribed regime.
I must keep my weight at a proper
level. ] must take short midday
breather. must normally retire
at reasonable hour and 1 must
eliminate many of the less i'm
portant social and ceremonial ac-
Invites.
But let me make one thing
clear. AS Of this moment. there
is not the slightest doubt that 1
can now perform as well as 1
ever have all of the important
duties Of the presidency. This
/ say because am actually doing
so and have been doing so for
many weeks.
OF course. the duties of the Pres
ident are essentially endless. No
daily schedule OF appointments
can give full timetable-or even
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

television address the night of February %.
AS result of his present illness, there is
new interest in the way the President consid-
cred the second-term problem after his heart
attack. Below, arranged chronologically, are
the most significant statements he made on
that subject since his return in January.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10
| THE PRESIDENT ON A SECOND TERM

In the months following his September "a
heart attack, President Eisenhower had to
make decision that called for tremendous
amount of soul-searching: Whether to run for
second term. He kept the public informed
of the considerations he was weighing in a
series of public statements and in a radio
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-06-10

lndions Are Impressed
This kind of visionary talk. prob
ably hyperbolic but still impress
slvely backed up by the actual work
of Soviet engineers, has produced
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-10-29
How S business?

How's business?
Booming, say two reports con-
corning automobiles and air.
planes.
The Automobile Manufactur-
ers Association is out with what
may be its best (of SO annual
ones edition of Automobile
Facts and Figures. Both are
staggering. For instance, the
Nations gasoline service sta
tions. tire, battery and accessory
dealers are crossing $40 billion
a year.
Twenty-four per cent of all
retail sales and 15.5 per cent of
retail sales firms in the United
States are now automotive
Seventy-three per cent of the
families in this country own
automobiles and IA per cent of
them have more than one car.
Fortune Magazine is reporting
that five booming years are just
ahead for the auto industry,
with an average of Z million cars
a year sold between now and
1851.
Aviation-wise, it was like this
during the fiscal year ending
June 30: Landings and take-offS
at cities served by Civil Aero
nautics Administration airport
traffic control totaled 20.384, 900
an increase of over eight per
cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-10-29
& WHEELS
By CHARLES YARBRoUeH

Last Saturdays fog-bound OPP
erations are not included in that
fiscal figure. but we hereby quail
ify as one of those up there in
that dense overcast.
The little noises those busy
air traffic controllers at National
may have heard were fervent
thank-you notes.
Aboard a Naval Reserve Beech
craft enroute from equally-foggy
Charleston, S. c., We counted IA
aircraft coming out of the under
cast at 4,500 feet in about rs
minutes while in a holding pat
tern in the Washington area.
Undoubtedly some of the IA were
the same ones, but things were
busy.
It was easy to thank the two
pilots. 1t. Comdr. D. K. Herbert.
who is with the United States
photographic Office as a civilian,
and 1t. Dennis w. Tomlin, an
American Airlines pilot by &C.
cupation.
But it took a telephone call to
thank those harried air traffic
controllers.
Photographs of 1857 autos are
due on these pages on the fol-
lowing dates:
/ Studebaker Hawks, November
4; Buick, November S; Oldsmo-
bile, November and Cadillac.
November Z.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-10-29
5 Operating Divisions
Created by Sheraton

NEW YORK, Oct. 20 up -
Sheraton Corp. of America to-
day announced the creation Of
five new regional operating di-
visions for it's Al units in this
country and Canada.
The new divisions are:
Atlantic: Headed by Ralph
Freeman. with Jurisdiction over
hotels in New York. Albany
Philadelphia, Baltimore and
Washington.
Northern: Headed by Gordon
McMichael, with jurisdiction
over six hotels in Canada, plus
those in Buffalo, Rochester and
Detroit.
Central: Headed by Joseph M
Curry. in charge of hotels in
Cincinnati, Chicago. Pittsburgh,
Louisville. French Lick, Akron
ana Indianapolis.
Midcontinent: Headed by j. r
Reifschneider, with jurisdiction
over eight former Eppley hotels
in three Midwestern States. plus
one in st. Louis.
Special: Headed by Vice Pres
ident Elmer E. Boswell, in charge
of three West Coast hotels. plus
ones in New Orleans, Boston
Providence and Springfield
Mass.