davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-27
YOUR
MONEYS WORTH
A MORTGAGE at Az and 512
~ SYLVIA PORTER

Let's say you're buying q house.
You negotiate a $4,000 mortgage
for rs years at a AZ per cent
interest rate.
Over the life of your $4,000
mortgage, you'll pay back
$16,859.
The $6,859 will represent the
cost Of AZ per cent interest to
you.
Now let's say you negotiate
that $4,000 mortgage for Is
years at a S per cent interest
rate.
Over the life of your mortgage,
you'll pay back $17,73S.
The difference of just p per
cent in interest will add $3.50 to
your burden during the years
you're paying off.
Again, let's say you negotiate
your $4,000 mortgage for Is
years at 51a per cent interest
a rate becoming more and more
general in this era of tight
money and. rising interest rates
Over the life Of your mortgage,
you'll pay back $18,637.
The difference of l per cent
between Az and So will add
l$1,778 to your mortgage load
during the years.
And, of course, if you make a
SO-year mortgage deal, your in
tereSt payments will be increased
A l per cent difference on $l0,-
600 over 80 years would. add So
I224 to your mortgage bill.
Even if you agree to pay back
your mortgage in 20 years, the
difference between Az and 51S
would be almost $1,40O on your
bill.
This is a measure of what this
era Of higher interest rates means
to you. And I could elaborate
on the simple illustration I've
used here until I filled this news.
Ipaper-for it's not only the
buyer of a home who is paying
more for a loan.
Businessmen, small and big. arc
paying much more for money!
l and when the loans run intc
tens of thousands or hundreds
of thousands, a difference of 9
tiny 70 per cent can mean whop-
ping amounts. From the United
States Treasury itself down tc
the most modest buyer of ar
item on the installment plan
all are paying more for money
than in many years.
The hidden" political issue
Of 1856 is coming out from hid
ling. Tight" money is not only
hitting the pocketbooks Of all
who must borrow: it also is nov
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-27

penetrating the consciousness OF
the politicians.
And this is just the begin
ming. Unless there's a major
reversal. in credit policy, what
is already burning private
issue in Wall Street may soon
become a burning public issue
on Main street.
(Copyright, 1855,
the HALL Rvndtenta Tna
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-05-27
Attractive Opening
for Securities Salesman

22-yeur-old Washington Investment
Securities Firm hos opening for sea-
sOned Solesmoa. Customers broker,
retired miIitov officer, wishing 10
improve income ond, for right mon,
fOothold in the business. Liberal
commission. Write in strict conf
dsnee for interview,
BOX 255-Z, STAR
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11
The Succession

Horace Greeley. presidential cam
didate on the Democratic-Liberal
Republican ticket which was de-
feated by Ulysses Grant In 1879,
died "a days after the election and
about two weeks before members
Of the Electoral College met in their
respective States to make the re-
suits official. Greeley had car
ried States with So electoral votes.
What would have happened had
he been the winner?
The Constitution does not pro-
vide for such an eyentuality. Stu
dents Of the Constitution, however.
say that the electors. who viii meet
this year on December ~. woal1 be-
free TO vote for anyone thcy chose.
But should the 2,esice.s-eiecs
die between the Dccem5sf da.e ara
January 8. when conuca coanta
the electoral vV.ez. shele IL no rule.
no guidance whz.sScyer as 70 any
solution Of the sna..eT. II lie death
should occur between JS-@ary =
and January -. I-suE,.sation Day.
the Vice Presi6eGt->iect WJuld
automatically become President.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11
Nixon's Role

II Is inevitable that Vice Presi-
dent Richard Nixon's prestige will
be greatly increased in the coming
four years. This is true regardless
OF whether he becomes President
during that time. as Mr.. Stevenson
warned he might the night before
the election.
The great buildup OF Mr.. Eisen-
hover personally during the past
four years has been accomplished
at the expense Of the party gen.
orally and prominent individuals in
1t specifically.
The name Of Eisenhower has al
most totally eclipsed that Of other
Republicans except Mr.. Nixon. As
a result, the q. o. p, unlike the
Democrats. who have a stableful
Of likely young thoroughbreds. has
no front-runners save Mr. Essen
hover and Mr.. Nixon. This was
what Mr.. Stevenson had In mind
during the campaign when he con-
tinually referred 10 the Vice Presi-
dent as Mr.. Elsenhower's heir APP
parent"
The campaign greatly enhanced
Mr.. Nixon's position IN his party.
Carrying most OF the campaigning
load for Mr.. Eisenhower, the Vice
President Travelled $4,000 miles
and ali along the route made
new friends In the party
friends who can BE- useful later.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11
Soviets Charge Plot

action if later developments war;
ranted.
Soviets Charge Plot
Soviet propaganda organs yester-
day were stressing the theme that
the Western powers were attempt
ing, through the U. NJ, to achieve
the same sort of control over the
canal that Egypt's President Nasser
had repeatedly rejected. The alleged
plot, the Soviet attackers declared,
would rob Egypt Of her sacred
rights" over the canal.
In Washington, however, the feel
ing persisted that Moscow, eager to
divert attention from the brutal
suppression Of the Hungarian re-
volt, would stoke the fires in the
Middle East but had no intentions
of actual armed Intervention de-
spite an announcement yesterday
that Communist volunteers" would
be allowed to go to the assistance
OF Egypt if all Allied forces are not
Withdrawn.
Egypt all week displayed a eau
tious willingness to agree to United
Nations action. Yesterday Col.
Nasser's official spokesman, Abdel
Kader Hatem. announced that
Egypt would accept the U. N.
police force with certain reserva-
tons. Egypt must have a voice
in the nations making up the
patrol, Mr.. Hatem insisted, and
must also hold a veto over the
areas where the force would be
permitted to operate.
The Egyptian agreement came
after four days Of negotiations in
Cairo between Gen. Burns, who will
head the police force and Egyptian
officials. The reservations set
forth in the Cairo announcement
were not at first glance considered
a serious threat TO the effective
ness Of the u. N. force. They
appeared to be more in the nature
Of routine assertions Of Egyptian
sovereignty.
Summit Proposal
As tension in Western Europe
rose higher and higher during the
week the Swiss government for
mally proposed a new summit"
conference Of heads Of state. Such
a conference at the top, the Swiss
declared. would be instrumental in
ending the current strife and
might restore harmony to
worried world.
The Swiss proposal was trans
mitted 10 the United States, France,
the Soviet Union and India.
Britain welcomed the idea almost
eagerly. Sir Anthony Eden de-
clared he was ready TO go any
where and meet anybody" II It
would help 10 ease the situation In
Europe and Egypt. Indian Prime
Continued on Page AIS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11

And when the vote was in. the re-
suits proved that Harold 6tassen
was about as wrong as politician
can be when he argued that Mr..
Nixon's candidacy would damage
the Eisenhower cause.
Thus Mr.. Nixon is the top con-
tender. as Of now, for the Repub-
lican presidential nomination in
1860.
Would Follow Pottern
A Nixon stration--between
now and 1860. or later-could be
expected to be modelled along the
lines of the Eisenhower new Re-
publicanism." Mr.. Nixon has been
pictured as soldier of the Old
Guard, mostly on the basis of his
record in Congress. 1t shows him
voting against liberalized immigra-
ton policies, against public housing.
against aid to Korea, against ex-
panding social security, and for the
Taft Hartley Act.
But this pattern has never been
infiexible. He has often voted for
a program in one Congress and
against it in another. And this flexi-
bility has enabled him to wear for
four years the cloak of Eisenhower
Republicanism without alternating
his old friends at the right.
If he ever was a member of tho
Old Guard Club, Mr.. Nixon would
have no reason now or in the fore
seeable future Of returning to the
old haunts. The great success Of
Mr.. Eisenhower's new Republican,
ism" last Tuesday was hardly an
electoral Endorsement Of the con-
servatism of the Republican right
wing. In short. the Vice President,
should he become President either
by succession or election, would
have no practical reason to follow
any other than the popular course
charted by Mr.. Eisenhower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11

dents friend, Dan Thornton, Re-
publican senatorial candidate in
Colorado, and Democratic guber-
material victories in Iowa, Kansas
and Washington. indicated that the
farmers of the West took out their
discomfort not on Mr.. Eisenhower
but further down on the ticket.
The greatest surprises came in
the South (see story by David
Koonce on Page A-29). Here, MIR.
Eisenhower took by storm the Con-
federate capital of Montgomery,
and he proved that nixon, Dixon
and Yates" was not even an issue
in the Tennessee Valley. Louisiana
gave its vote to the Republican
candidate, the first time in its
history, unless one counts the ques-
tionable deal Of 1876 which gave the
State to Rutherford B. Hayes. In
the South. too. Negroes marked
their ballots for Ike in a paradox
that also found Observation-Disclosures
supporting the Republican presi-
dental candidate, whom they be-
lieved to be more tolerant Of South
ern institutions.
In Dixie, only the farmers pre-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11
THE WORLD SCENE
A Double Test for the United Nations

With its effectiveness as a power
for peace hanging in the balance,
the United Nations moved forth
rightly last week to meet the worlds
two big powder-keg crises.
1t sought to restore peace in the
Middle East. where the Israeli army
and British-French expeditionary
force had invaded Egypt, and in
Eastern Europe. where Russia was
ruthlessly putting down a rebellion
against communism in Hungary, an
erstwhile satellite.
But the U. N. demand that Rus
STA end her brutal attempt to sup
press Hungary's bid for freedom,
made last Sunday and UNDERSIGNED
on Friday in a denunciatory reso-
luton, met only with Russian re-
plies that said, in effect, mind
your own businesS-this is our prob
lem AS the week ended the Hun
garian rebel holdouts were still
resisting sporadically in the streets
Of Budapest and committing acts
Of sabotage.
Although separated by hundreds
Of miles and by differences in basic
issues, the two crises were closely
interlocked in the serious chal-
lenge they offered to international
efforts for peace.
Aggression was clearly involved
IN both cases--in Hungary, Soviet
interference with the national as
pirations for independence and
freedom Of proud and ancient
people: in Egypt, British and
French armed Intervention in
sovereign nation to protect and
perhaps regain control of the vital
Suez Canal.
Western opinion in the u. N. was
united in the conviction that the
harsh Soviet military action in
Hungary was decided upon belatedly
when the British and French in
volvment IN the Middle East prac-
tically eliminated any possibility
Of Western interference at Buda-
pest. Similarly. the preoccupation
Of Moscow with the rapidly dete-
riorating subservience Of the East
ern European satellites to Red rule
was counted on by London and
Paris 70 neutralize Soviet interest
In the Egyptian adventure.
Recalling the collapse Of the Old
League Of Nations when aggressor
nations successfully CHALLENGED its
ability 70 keep the peace. observers
watched tensely as the U. N. Gen.
eral Assembly faced the explosive
situations with unprecedented vigor.
lSee story BY Daniel Berman on
Page A-2o
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11
Formers Didn't Revolt

Western Europe peen so nearly
face to face with disaster.
Welcome Intervention
While the precarious cease-fire
prevailed around Port Said. indi-
cations mounted that the British
and French were ready to welcome
some U. N!intervention that would
rescue them with dignity from a
situation growing more unhappy
by the day.
The Suez canal, crux of the en-
tire controversy was blocked by
sunkeD ships and collapsed bridges.
The neutralist world was fiercely
opposed to the attack on Egypt. The
Communists were threatening di-
rect condensation in the Middle
East and were blasting the hapless
Hungarian rebels, secure in the
knowledge that the West was dis
tracted elsewhere. And the United
States, most powerful of the Big
Three alliance, was openly opposed
to the Egyptian adventure, as were
many people and leaders in Eng
land and throughout the Common
wealth. (See story by Louis Mather
on Page A-29O
Both Britain and France, there
fore. accepted with alacrity the
U. N. proposal for a Middle East
police force to take over the Suez
Canal zone, Israel at first sum-
marily rejected the idea, declaring
the Egyptian-Israeli armistice of
l94S was dead and buried" and
that no foreign force" of what
ever flag would be permitted to
occupy any part of Israel or Of terri
tory she occupied. Mr.. Ben Gurion's
stand was, backed Dy the Knesset
(parliament) in a vote Of SO to 3.
But the General Assembly had
voted SIS TO TO demand that Brit
ish, French and Israeli forces leave
Egypt Immediately, and the Israeli
rejection Of the U.N. police force
plan spanked prompt and intense
acknowledgements efforts to get
Jerusalem to reverse itself. Pres
sure from Britain and France was
substantially increased by reliable
reports that squadrons Of Russian
Might Jet fighters, supposedly
manned by Russian volunteer"
crews, had landed in Syria, pre-
sumably en- route TO Egypt.
President Urges Compliance
President Eisenhower Wednesday
added his appeal TO the other pres
sures when he dispatched a mes
sage to Premier Benz urion. The
cable. couched in urgent phrases,
appealed for Israeli compliance
with the U. N. plan.
In Jerusalem. some or all Of these
pressures apparently had an effect.
Reconsidering her first position,
Israel announced that Israeli
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11
Legislative Outlook

Continuation of the Republican.
Democratic Government under
President Eisenhower with the
strength Of the two parties vir.
tually unchanged in Congress i'm
dicates continued path down the
middle Of the road.
Liberal and conservative strength
for at least the next two years
will be about the same as it has
been for the past two, with the
efficient third force" led by
Majority Leader Lyndon johnson
and Speaker Sam Rayburn calling
the shots.
On foreign policy Mr.. Essen.
hover will be in a slightly less
commanding position than he has
been in the Bath Congress. He
has lost warm supporter in Sem
ator George, who often was able
to hold the most recalcitrant Of his
party in line (see story by James
Y. Newton on Page A-30).
On domestic matters the Presi-
dent will be much worse of, for
here there is nat the bipartisan
ship that marks the handling Of
foreign policy. Too, Democrats will
be trying to make a distinctive
record Of their own for use in
1858 and 1860.
A continuation of the Eisen-
hover programs will mean:
. For agriculture-The retention
of the essential principle of fiexi-
bility in price support policy; ex-
tension Of the soil bank under which
farmers are paid for retiring sur
plus cropland: an expanded pro-
gram to get rid Of the surpiuses
already in storage. and if neces-
sary, by large-scale dumping;
some revision in farm credit pro-
grams.
. For educatiOn-A renewed at
tempt to pass legislation granting
assistance to States for school con-
struction, and with a higher price
tag this time.
. For public Extension OF
social security to employed groups
still not covered; another move to
establish a Federal reinsurance
fund to set up private voluntary
health insurance plans for low
income groups; liberalized terms on
FHA-insured home mortgages with
lower down payments and longer
maturities, consistent with consid-
erations for the stability Of the
economy.
. For labor-Extension Of mini
mum wage law to workers not now
covered; Federal aid. both financial
and technical, to depressed areas"
. For civil rights-Legislation es-
tablishing a civil rights section In
the Justice Department, a biparti-
san civil rights commission, and
guaranteeing the enforcement Of
voting rights.
. For taxes-An attempt by Deni-
ocrats to reduce personal income
taxes by increasing the exemption
level; a Republican attempt TO re-
tain present exemptions unless re.
auctions will mot unbalance ths
budget, another postponement Of
scheduled reductions in excise and
corporation income tax rates.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11

ert Wagner in New York and other
aspirants to Congress.
Despite strange post-election
claims by the Americans for Demo-
cratic Action that the results were
a victory for liberalism, such was
not the case.
While the Democrats elected to
the Senate liberals Joseph Clark of
Pennsylvania and Frank Church of
Idaho, they also are sending to
Washington Frank Lausche of Ohio
to espouse philosophy more con-
sentative than that of Mr.. EiSen-
hover. And Herman Talmadge,
hardly liberal in any political
lexicon, will replace the interna-
tionalist Walter George.
New RepubIicOnism' Helped
But neither was the election a
victory for the conservatism of the
Old Guard variety. Mr.. Eisenhower
new Republicanism" would seem
to have benefited, although slightly.
The President lost the conservative
Senator's Welker and Bender and
gained his type Of Republican in
Jacob Javits OF New York, and John
Sherman Cooper and Thruston B.
Morton Of Kentucky. But West Vir-
gillia gave him former Senator
Chapman Revercomb, whose past
record makes him a likely candi-
date for the extreme right wing Of
his party.
A consideration of the Democratic
Party's loss Of the cities and its
show OF farm -area strength-what
there was Of it-raises the question:
Is the Democratic Party becoming
an agrarian party of populism?
The farm issue was the only one
OF the campaign that gave the
Democrats any mileage on election
day. In some areas. the party's
promises to farmers and its all
most obsessive attention to issues
agricultural paid of in House races
and gubernatorial elections. But
even a large-scale farm revolt
against Mr.. Eisenhower personally
could not have won for Mr.. Steven
son, for the power to elect lies in
the towns and cities as the farm
population decreases yearly.
Tosks for Parties
The task ahead for the two par
ties. then. would seem to be:
. For the DemOcrats-Lessa tten-
ton to the farmer and more soli-
citation Of the city consumer; and
a program to entice Negroes and
labor union members back to the
fold. And while it tries to win back
the Negro vote. it also must seek to
stop the growing Republicanism in
the South.
. For the Republicans-Abandon-
ment Of the coattail theory and a
diligent effort to build the party
from the grassroots upward, es-
pecially in the South.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11

armed forces would be withdrawn
from the fSinai peninsulal as soon
as satisfactory arrangements had
been made TO station the U. N.
police force there.
The Israeli note, delivered to Sec
rotary General Dag Hammaskiold
at the U.N., did not refer to any
withdrawal from the GAIA Strip,
seized by the Jewish state last week.
But u. N. officials accepted it as full
compliance with the settlement prof.
ect for the time being, and efforts
were stepped up to rush the police
force to Egypt at the earliest pos
sible moment.
BY Friday it was clearly appar-
ent that the Western powers and
the U. N. majority were truly in
haste to implement the police
force plan before any Soviet move
could gain a foothold in the strife
torn Middle East. Diplomats in
Washington and other Western
capitals, convinced that Russian
involvement in the area would
mean permanent Soviet influence,
were plainly impatient for U. N.
action.
Moving swiftly but. not swift
enough for the tense Western
world the U. N. began organizing
an international force to consist
initially Of troops pledged by India,
Canada, Colombia, Norway. Sweden.
Denmark. Finland. Pakistan. and
New Zealand. Eventually a total
of II nations will be represented
on the Middle East force. The
United States and Switzerland VOL
unteered logistic support and air.
craft for transporting the force
to Egypt.
Greeting q Police Force
With speed the watchword.
initial arrangements we're put into
effect yesterday to bring the U. N.
Middle East police force into
being. Advance units from Nor
way and Denmark. numbering be-
tween 800 and 400 soldiers, left
aboard United States Air Force
planes for a staging area near
Naples. There they we're TO be
Joined by troops from other par
ticipating nations, organized into
units. and then flown aboard Swiss
aircraft TO Port Said.
Even as the police force began
to take shape. Prime Minister Eden
announced in London that Britain
had already begun Withdrawing
troops and aircraft from the
trouble spot. Sir Anthony. in a
statement obviously phrased TO
allay world fears Of war. pledged
a redeployment Of British armed
strength in the Mediterranean. But
the Prime Minister was careful 70
stress that the redeployed forces
would be stationed at bases where
they could be quickly brought into
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-11-11

votes OF a total 531, leaving Adlai
Stevenson only IA in seven States.
With final word on official can
vases still awaited in many vot-
ing districts, Mr.. Eisenhower led
Mr.. Stevenson in popular votes by
IS million to 25.5 million, in round
figures.
But it was victory for Mr.. Eisen-
hover rather than his party. De-
spite the Presidents avalanche, the
Republicans failed to gain control
OF Congress. With each party losing
three Senators and gaining three,
the lineup of the Senate is un-
changed at 40 Democrats and Al
Republicans. The COP. failed
even to hold its own in the House,
losing a net Of at least one. prob
ably three, seats. Democrats also
made a net gain of one, perhaps
two or three Governors.
1t was hard-fought and weary
ing campaign that dealt with a
vast gallery of iSSueS-some made
for the occasion and some born of
the times-ranging from Joe Smith
to the hydrogen bomb. 1t began
in early September with a sprint
by the Democrats that startled
the commentators and frightened
the Republicans. 1t ended at 1:20
am. Eastern Standard Time
Wednesday when Mr.. Stevenson
conceded that he was a two-time
loser with these words:
u have tried to ehort the road to
new and better America. wont to
soy TO all Of you who have followed
me that ! ON supremacy confident thot
our cause will ultimately prevail, for
America con only go forward. Il
eonnot go boekword or stond STILL"
A few minutes later, Mr.. Eisen-
hover, wearing the familiar victory
smile, accepted the massive burden
left with him. This was his solemn
pledge:
With whatever talents the good God
hos given me, with whatever strength
there is within me, ! will contiuue-ond
so will my ossoeiotes--to do Just one
thing: To work for 1853 million Amer
icons here at home. and for peoee in
the world"
1t was all overwhelming the
shouting, of which there was much.
Some of the issues fought out in
the campaign will survive to keep
Congress busy weaving policy
around them-agriculture, citizens
welfare, taxes. labor, and the like.
But these are the perennial issues.
Those SO painstakingly fashioned
by Mr. Stevenson-particularly the
ones dealing with hydrogen bomb
tests and the efficiency of the draft
were trampled under the tide of
Eisenhower popularity. Mr.. Steven
sons eloquent appeals in their be-