davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-05-30
Eaton Says Democrats
Would Befriend Reds

BUDAPEST. Hungary, May
30 (AP).-Industrialist Cyrus
Eaton says a Democratic VIC
tory in the presidential election
would mean new United States
policies of friendship toward
the Communist world.
These policies will stress
that there is no point in an
Initiating each other as, in my
opinion, Socialist countries will
remain Socialist and America
will remain capitalist" the
76-year-old Cleveland railroad
and mining rnagnate told a
news conference yesterday.
Mr.. Eaton and his wife are
making a tour of East Euro
pean Communist countries
Earlier this month the Soviet
government awarded him a
Lenin Peace Prize for his ef-
forts to promote better rela-
tions between the United
States and Russia.
Mr.. Eaton said no propa-
Evening star., 1960-05-30
SEATO Meets Tomorrow
With Its Stock at New Hiqh

val forces in the Gulf of Siam.
When Thailand moved troops
to the Laos border. it obviously
had full confidence that the
powerful forces of the United
States and other Western
countries would be backing
them up il Red China or Com
munist North Wet Nam pressed
onward.
While Laos went, to the
United Nations for aid, obServ-
ers here believe that SEATO's
convincing show of intention
helped persuade the Laos in
surgents to subside.
NOn-Military Front
On the nonmilitary front.
the first fruits are now appear
ing from the SEATo effort to
develop a free-world, cohesive
spirit among all south and
southeast Asian countries.
Indian and japanese scholars
have already participated with
colleagues from the treaty
states in a southeast Asian
roundtable in Bangkok. They
studied the impact of Western
technology on southeast Asia
and found the advantages of
accepting it outweigh the dis
advantages. ,
A conference of heads of uni
versities is to be held in Pakis-
tan in 1861. The aim will be to
stimulate exchanges within the
area, to divert some of the flow
of students and professors from
Western universities to schools
in the southeast Asia area.
In the economic field, SEATO
has programs to supplement the
Colombo plan. United Nations
programs and aid projects of
the United States and other
countries.
In Bangkok, for instance, a
SEATO Graduate School Of
Engineering is in its first year
The immediate aim is to pro-
duce hydraulic engineers to
help with irrigation programs,
Later, structural and highway
engineers will be developed.
Schools Springing Up
Thailand erected three build
ings for the new graduate
Evening star., 1960-05-30
By EARL HI. VOSS
Star Stan Writer

BANGKOK.-When SEATO's
two prime ministers and six
foreign ministers meet in
Washington tomorrow, the
stock of the organization will
be at its highest point ever.
That is the Judgment heard
In Bangkok, the permanent
headquarters of the Southeast
Asia Treaty Organization.
Even neutrals such as India
and Burma are taking a more
tolerant attitude toward the
organization. India itself is
now participating in some of
the non-military activities of
SEATO. a striking change from
a few years ago when Prime
Minister Nehru went out of his
way to criticize 1t as trouble
making military alliance.
The 20.O00-man military ex-
ercise just completed in the
South China Sea has brought
coordination among the flve-
language defense forces of the
eight members to a new, graft
flying high. according to its
commanders.
More Aid Wanted
There will be talk in Wash
ington again, as there has been
many a time before, about a
separate economic develop
ment program for SEATO-
financed by the United States,
Filipino Foreign Minister
Felixberto Serrano has repeat
edly proclaimed his intentions
to bring the matter up.
Washington is taking its
usual position that the Ameri-
can taxpayer cannot provide
any more aid for Southeast
Asia. There may be room for
shuffling some of the bilateral
aid the United States giveA
member countries, but Ameri-
can officials can hold out little
hope for any substantial in
crease in the total.
Britain. France, Australia,
New Zealand and the United
States, the five non-Asian
members Of the alliance. pro-
vide a total of $777 million per
year in all forms of aid to the
three Asian members = Thai
land, Pakistan and the Philip
Evening star., 1960-05-30

/ pines - and the three former
French colonies which fail
under SEATO's protective wing
Laos. Cambodia and South
Wet Nam. The United States
provides $745 million Of the
total.
Proud That's, who have man
aged to keep their country both
solvent and independent for a
long time. don't like to put
their hand out for more aid.
But they say privately they
believe they deserve more. This
is especially true, Thai Foreign
Minister Thanat Khoman says,
when uncommitted neutrals
such as India and Cambodia
do so well in getting American
aid without the risks Of a close
alliance. Pakistan and the
Philippines take much the
same view.
Suspicious at First
In 1854 most of Asia looked
on SEATO, then new. as the
white mans effort to maintain
his colonial control. SEATO
has been so sensitive to the
charge that it took six years
to convene the council in
Washington.
Only three of the eight
Southeast Asian states joined
SEATO. India, Ceylon, Burma
and Indonesia felt secure from
Red China and opposed mill
tary alliances. Military pacts,
1t was argued, lead to arms
races. When Malaga gained its
independence, it took the same
attitude.
But times are changing. For
one thing, Red China has barred
its teeth and turned again to
the south. First there was
Tibet, then the Indian border
raids, then the mysterious in
cursion into Laos from Com
munist North Wet Nam.
Gain New Insight
1t was in this last episode
that the countries of the area
including the three members OF
SEATO themselves, got a new
view of the importance Of the
organization. t.
SEATO members paraded ma
Evening star., 1960-05-30
Ponies Run Wild

LONDON. - On two of Eng
lands most famous moors.
Dartmoor and Exmoor, there
are native breeds of ponies
that run wild and are captured
each fan in roundups reminis-
cent of the Old West in the
United States.
Evening star., 1960-05-30
Foreigners in India

NEW DEHLI. - More than
$4,000 foreigners are registered
as residents in India. Chinese,
numbering 1900, form the lar
gest group. Afghans are next
with $500. Americans total 81
675 and Russians 1895.
Evening star., 1960-05-30

on Mr.. Khr'ishchev but. 1--WE
Americans will have to look into
how such incidepts as the spy
plane contributed to the fail
ure."
Evening star., 1960-05-30
Fiqht to Lift Bond Rote
Dropped for This Year

terest rates might be only tenn
porary, the market trend gave
the Administrations opponents
a reason-if not an excuse-to
bury the legislation.
I'VE had built up a head of
steam" a Treasury official re-
marked. but we lost it and it's
hard to build up again"
1t was clear that the bill
would get nowhere in the
Senate even if the House passed
it.
Imitation Feared
The administration contends
that the forces of supply and
demand for credit have raised
interest rates so high that it
is impossible for the Treasury
to sell bonds within the AZ
per cent ceiling established by
law. The Treasury complains
that it has been forced to do
practically all its borrowing
through short-term bills and
notes, which are not subject to
the interest rate ceiling, and
warns that exclusive reliance
on short-term financing is in
fiationary.
Critics of the administra-
tion'S financial policies contend
that the Treasury and the
Federal Reserve Board have
forced interest rates up. They
Evening star., 1960-05-30
BY LEE NJ. COIN
Star Stan Writer

The Eisenhower administra-
ton has practically abandoned
I its fight for legislation to lift
the interest rate ceiling on
Government bonds.
Authority to pay more than
4A per cent interest still is
needed urgently, Treasury De-
partment officials maintain,
but they are resigned to the
necessity Of waiting until next
year.
Officially. the interest rate
ceiling still is "a live issue" "
But actually, Treasury Secre-
tary Anderson has discontinued
his long campaign to "sell" the
legislation to Congress.
He no longer confers with
members of Congress about the
issue, and Capitol Hill talk
about the interest rate ceiling
has died out. It is understood
by all that the legislation will
not move this year.
Rates Decline
This situation is one of the
most ironical developments of
this session of Congress. Presi-
dent Eisenhower took the lead
/ in exerting extreme pressure on
Congress to pass the legisla-
ltion. He called removal Of the
interest rate ceiling one of the
most urgent questions before
Congress.
After a long fight, the House
| Ways and Means Committee in
February approved a compro-
mise bill that was acceptable to
the administration. Even the
bills opponents said some such
bill would be passed. !
But then interest rates on
securities markets started de-
clining. The administrators
opponents seized on this de-
velopment to argue that it was
unnecessary to lift the ceiling.
Although Treasury experts
warned that the decline of in
Evening star., 1960-09-26
WORDS, WIT
AND WISDOM
BY WILLIAM MORRIS

Question: The Duke of Wind
sor uses II. myself" and John
Kennedy said II hope to visit
President Truman myself" f"
Isn't myself" redundant in
these instances? Also, shouldn't
it be "ex-" or former Pres
ident Truman?
Another thing: I always pro-
nounce won't" as wont"
with a long % and was sur
prised to see dictionaries also
give "wunt." Is there any rea-
son for the latter?-F. S. D.,
Troy, N. Y.
Answer: Both the Duke of
Windsor and Senator Kennedy
were using myself" as an in
tensive pronoun, to add en-
phasis to what they said. This
is completely normal, especially
in spoken. rather than written,
speech, Perhaps the Duke may
especially be pardoned for feel
ing the need to emphasize the
first personal pronoun. After
all, during his brief reign as
Britain's King, he was one of
the few mortals entitled to re-
fer to himself as we"
In formal writing you should
refer to, Messrs Herbert Hoo
yer and Harry Truman as "ex-"
or Former President" In in
formal speech or writing and
most especially in direct ad-
Evening star., 1960-09-26
BY Al Smith

Midwest and South. It's not
often heard in metropolitan
areas, however, and most die
tionaries enter it, If at all, as
a second or "non-preferred"
pronunciation.
Don't forget, though, that
"wunt" is the preferred pro-
nunciation for the noun wont"
(no apostrophe, please which
means custom, practice or
habit"
Evening star., 1960-09-26
BY Mort Walker

dress, however, 1t is customary
to use the original title. Since
Senator Kennedy was referring
to an elder statesman of his
own party with whom he has
been on fairly intimate terms,
it's not inappropriate for him
to speak of President Tru-
man."
The. pronunciation "wunt"
for won't" is fairly common
in some rural areas of the
Evening star., 1960-05-04
HOUSES FOR SALIVA.

COLONEL ORDERS Us 70 sell his
close-in Arlington Colonial home
featuring 3 bedrooms. 3la baths.
finished recreation room plus
porches. Exceedingly comfortable
for only S26. 500. Call IA. 5-6s00
SHANNON A. LUCHS REALTORS.
I'll ., 2O55 Wilson Blvd.
DE LUKE COUNTRY LIVING
This bTand-new sll-brick home
represents the ultimate in easy
living. 5 huge bedFms. "A on one
leveD, 3 full baths, 25xIs-ft. liv.
I'm. with q de luxe raised flre-
place and q large picture window
oyerlookins the wooded country
SIDE. Formal din. rm., big modern
(iet age) kitchen featuring appli-
ances never before seen in the
area. Large attractively finished
rec. nm: concrete and brick patio
complete to tvin-barbecue pit. -
car garAge. COMPLETELY AIR
CONDITIONED. Nicely situated
on q 2a-acre wooded lot in q CON-
munity of custom-built homes
Give yourself a treat. see this one
todayl Shown by appointment, JE.
10000. VIM. A. CHAPMAN REAL
TY, INC, Realtor.
Evening star., 1960-05-04

AIR COND. "a rms. 1880 it,,
carpeted. draped: low rent, $500.
lust OF x st. KNOUSE, Ma. s-O2lS
Evening star., 1960-05-04
.aSyLiVin'! !

FAIRFAX; FAIRCHESTER; BY
OWNER-Brick rambler; 3 bed
rms, > baths, fireplace. scr. car
port, finished bSmt. Assume 41ae,
FHA or rehnance, SlS,900. CIR. s.
Evening star., 1960-05-04
FARMS
CATTLEMEN'S DREAM
lpt SAFE. CAL Ii. 1878.
-ER 81 CO., REALTORS
EASTERN SHORE. mn

135 ACRES tm/1J-Early Amer
lcan style 6-rm. and bath house
in fair cond.; barn and outbIdrS-.
poor eond. Approx. S5 acres cleared;
IonRState road front.
Evening star., 1960-05-04

1850 So. It. available on lower
level in this prestige building. Can
be divided. Excellent rate. Gail
Evening star., 1960-05-04
MD. IL ACRES
ORCHARD, $40 ACRES
LOTS, ACREAGE FOR SALE

ACREAGE FOR INvEsTMENT-Let
the population growth of Fairfax
county make you capital gains,
For the best buys, see MASON A.
oMER L. HIRST. Brokers. AMMAN
Gale, Va. CL. $4,000 weekdays.
Evening star., 1960-05-04
Southern Colonial
OcA Aa-
w. VA. RIVER HOME

MODERN large liv. rm. and frepl.
hardwood floors: beautiful land
Scaped lawns; swimming, nshinr
snq snq hunting; good road. Price,
Evening star., 1960-05-04
BUSINESS OPPORTUNITIES OFFICES RENT OFFICES STUDIOS for RENT

IsO0 BLK. EYE ST. NV Ice.
suites of ofhces in this most con-
Venient neighborhood; AyC; I,5OO
50. II. each. DI. 7-79O0.
Evening star., 1960-05-04

arranged llth floor
wing, $500 50. it.; 13 alr-condi-
toned rooms. Park next TO build
ing. Reasonable. For details call
mgr, DUPONT CIRCLE BUILD
ING, AID. 4-32OO.
Evening star., 1960-05-04
ONLY SO qO0

Two blocks from bus, in very nice
section of N Arl; beautiful lot
with tall trees; economy 2-bed-
room, Just redecorsted. OPEN 9
TILL p.
MannaS Rlty., JE. 2-3110
Evening star., 1960-05-04
INVEST. PROP. WANTED

SIX 1S-unit: upper NV. or Mont.
Co, VIII trade Aunt or buy out
right. Box 425-C. Star.
Evening star., 1960-05-04
HOUSES Foa SALE-VA.
raIIs curpcu rIrv

FALLS ChDhLh CITY
4 blks. st. James, Mt. Daniel, s.
hedrm. brick. Beaut Ice. yard, as
sumo Az loan. S1T.40O. 3Os
Pine st. JE. 3-O00s. OWNER.
JEFF. MANOR DUPLEX, 2 bed.
rms, bsmt.: fenced yd. Hicely
furn. Mr.. SD ctr. so. b-2542.
LAKE BARCROFT-3-bedroom, g.
bath Colonial contemporary, fea-
turing pegged floors, crystal fix-
lures, formal din. rm., balconies,
2-esr garage; h.-W.h., etc. Water
front with float. Suitable terms.
BUILDER. IA. 7-1O37, JE. 2-3272
LAKE BANCROFT AREA BEAUTY
Trees. flowers. roomy 3-bedrm
2-leyel rambler for busy family;
hrepl, rec. rn.. etc, S1S.95O
See this CL. 6-l436.
PRESTIGE AREA; So
600 dn.; assume high GI loan
priced at 2S,500-Rambler in
top cond.; 4 bedrms., 2l7 baths.
rec. rm., carport. Gail IA. 7-222S
before 2 an, or after z pm.
NO AGENTS.
Evening star., 1960-05-04
HOUSES FOR SALIVA,

ASSUME sI4,5OO LoAN-SIlO mo.
total. Terrific brick 3 bedroom
rambler. Huge roomsl IA baths,
fapulous GE kitchen. Immaculate.
SIS.350. Terms. IA. 7-O250 MIL
KEY REALTY.
Evening star., 1960-05-04
Tri-County

REALTY, INC.
35S Lee Hwy, Fairfax, CIR. $4,000
4 BEDROOMS - . BATHS! Only
S1S,l00i Air conditioned for year.
round comfort. Lifetime brick con-
struction. Separate dining room.
hot-water heat, all-electric kitch-
en-, lovely h-scre lot; all-city
utilities. Call apywavl and let's
TAX terms. FLORANCE REALTY
INC, 403 W. Lee hwy CIR. s.
Evening star., 1960-05-04

ON A CUL-DF-sAC, right of
Military rd.. in N. Arlington,
you will find this lovely
brick rambler. Many fea-
lures to make living so
enjoyable for a reasonable
price; 4 large bedrms., 9
full baths, sep. dining rm.
and all-electric kitchen: big
screened porch with sweep
ing view: lovely finished rec.
rm. in walk -out bsmt. All
for S26,a50. ia. $3.50.
ATLAS REALTY CO.
Evening star., 1960-05-04

COUNTRY CLUB HILLS-one of
y: Arl.'S most coveted areas
Charming brk. home on beautiful
Iree-shaded lot: ) bedrms., 8 full
baths. true center hall, liv. rm,
wIfrepl., formal din. rm., every
ming kitch. w/table space; finished
rec. rrn., carport many. many ex-
tras. Priced at S34 ,45O. Call THE
PAaRSB6Y CO, REALTORS. ia
Evening star., 1960-05-04
COUNTRY CIJTR

There Just isn't a better neighbor-
mood in North Arlington, and it
would be difncult to find a pret-
der house than this snowy-white
rambler on its well-landscaDed lot
Three bedrooms, three baths with
every convenience and refinement
one expects in this price range.
screened porch, double garage, A
dream kitchen. Wonderful con-
struction. Luxurious carpeting in
eluded in the price of S43.q5O, By
eppointment. HOLLY REALTY.
2lS3 Lee highway. KF. $3.50.
COUNTRY CLUB ATMOSPHERE
And location are yours in this
magnificient rancher featuring CEN
Ter hall entrance: 14xo2 IT, living
rm;, . raised hearth fireplaces,
full size dining rm., all-electric
modern kitchen. 3 spacious bed
rooms: full daylight bsnt. Priced
$23,500 with a S17,SOO CT loan
70 be assumed. This one you must
see today. Call CHANNON 4
LUCHS REALTORS EXCLUSIVE
AGENTS, ia. 5-6s0O. 1858 Wilson
Evening star., 1960-05-04
GORDIN- -MENSH GUIDE
TO BETTER LIVING
SLEEPY HOLLOW
u ACRE

Lovely white brick ram
bier surrounded by tioW-
ering shrubs and a lawn
of velvet: Soft. living
rn., country size kitchen,
3 bedrooms C20xl4 mas
ter bedroom, = baths,
garage and patio. Imme-
dlate possession. S27.950.
Call ia. 4-606O TO see
1t today.
Evening star., 1960-05-04
ASSUME Az %
CT LOAN
ALEXANDRIA
COLONIAL

Older 3-oedroom home
on level lot with fruit
trees. Screened porch,
garage and u basement.
Walk to school, shopping
and bus. Sl@,950. Call
XII. $3.50 to see 1t today.
Evening star., 1960-05-04
SHELL
SERVICE STATION

For lease in metropolitan Virginia
Choice location, going business,
paid training period II desired.
he. $1,000.
Evening star., 1960-05-04

DoWNTOWN-PENNA. AVE. NV.
945 PENNA. AVE. NV.
Wired for aid cond.: singles or
suites from S35 per mo. Ma.
S-S025.
DOWNTOWN, 6 st. location-De-
sirable mod. ONCE space; ali sery-
ices. reaSnnahln MA G.kk0A
Evening star., 1960-05-04
VIENNA
CENTER HALL
RAMBLER
ALREADY
FINANCED

3-bedroom Cape Cod with
carport. Near bus. Shop
pins, schools. $4,000.
Call so. $500 10 see 1t
today,
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1960-11-11
Farmers Union Central Exchunue
Completes S. Million Pipeline

II SOUTH ST. PAUL, Minn.-A new
SIS million refined oil pipeline stretch
ing 100 miles from Glendive, Mon
tana to Minot, North Dakota, was
completed late in October and is now
ready for business. The 8-inch pipe
line, operated by the Cenex Pipeline
Co., a subsidiary of the Farmers
Union Central Exchange of South
ST. Paul, Minnesota, has capacity
of $4,000 barrels a day. 1t will trans
port gasoline, diesel, and burner fuel
to the Central Exchanges new $780,
900 barrel terminal at Minot.
This is another step forward in the
Central Exchanges program of re-
ducing the costs of distributing it's
petroleum products. Last year, the
Central Exchange acquired total
ownership of the Oil Basin Pipeline
which runs 234 miles from the CO.
ops oil refinery at Laurel, Montana
to Glendive. The Oil Basin Pipeline
Company has been dissolved and its
facilities leased to the Cenex Pipe
line Company, whose line extends
eastward from the Glendive terminal
of the former Oil Basin Company.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1960-11-11

, ston. Schepens' Republican opponent
was James Shaw.
Legislative Council chairman, Sen
Bob Durkee, Hill, was successful in
his quest for a second term, as were
two Demos seeking the House in Hill
Rep. Keith Abel was elected to a
third term, and Montana Farmers
Union vice president Gordon Twedt
was also elected to the House from
that county.
Park county's fighting Sen.
Ben Stein CD, has won major
victory in his bid for a second term
over ex-Sen. Paul Working (R).
Stein has been the center of con-
siderable controversy in his con-
tinuing effort to alert the people
of Montana to excessive Interstate
Highway right-of-way costs in the
Livingston area.
STATE TALLIES
Unofficial state talies, as of
Thursday morning show the follow
ing:
President, Richard Nixon, 138,969;
John Kennedy, 133,46S, in 1,071 of Mon
tanas 1880 precincts.
u. 8. Senator. Lee Metcalf (D),
14O,774; Orvin Flare (R). 134,7s8, in
LOOT precincts. ez
Congress. First District; Arnold Oh
sen CD, 61,523; George Sarsfie1d '(R),
54,262, In 3S4 of 800 precincts.
81 Congress, Second District; James Bat
tin (R), 77,288; Leo Graybill, Jr. CD,
72,726, in 683 of 600 precincts
Governor: Donald Nutter (R5, 49,
75s; Paul Cannon CD, 122,3Ss. in LOGO
of 1,0S0 precincts. 3 Il s zsdl
Lieut.. Governors, Tim Babcock (R),
13S,352; H. H. Anderson CD, 124,411,
in 1,055 of 1880 precincts. fs*fan
Attorney General: Forrest H. Ander-
son CD, 1885; Bruce Sheldon CRY,
107,918, in 1885 precincts. ~
Secretary of State; Frank Murray
CD, 149,421; Albert Leuthold (R),
106,847, in 1,055 precincts.
State Supt. of Schools; Harriet Miller
(R), 140,31S; John Cushman CD, 49,
$40, in 1,054 precincts.
Railroad Comm: Louis Boedecker
CD, 1852; Dave Middlemas (R),
Ill, sol, in 1,055 precincts.
State Treasurer: Edna Hinman (R)
1876, $50; III. l.. O'Neal CD, 1923, 694, in
l.055 precincts.
State Auditors John Holmes (D), un-
opposed. 1922 in $50 precincts.
Associate Justice: John G. Harrison
111,783; James Freebourn, 100000, in
1898 precincts.
Prison Bond Issue; For 63,634; against
l02,366, in 948 precincts.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1960-11-11
Land Values Decline

The value of farm real estate per
acre went down in most Middle West
ern states during the year July, 1859
to July, 1860. This is reversal of
longtime trend. Price per acre went
up because of consolidation of farms,
encroachment of city suburbs on
farm land and big chunks of land
being taken over for highway de-
velopment. These factors Offset
and more-the impact of declining
farm income on land values.
But now the depression in most
sectors of agriculture appears to have
caught up with and counteracted the
forces making for higher values. To
be sure, declines were small during
the past year-for example, both
Illinois and Wisconsin saw average
prices per acre go down two per cent.
But these declines appear to be
straw in the wind, signaling that even
the cushion" of higher land values
is disappearing. The "price-cost"
squeeze on the farm gets tighter
THE MEAT OF 1T.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1960-11-11
EcIc Cites $l-Bi|Iion
Rise In Electric Bills
WASHINGTON. d. c.

WASHINGTON, D. C.-(NRECA)
The nations consumers are paying
81 billion more for electricity than
they did in 1852 as a result of rate
increases, the Electric Consumers In
formation Committee said here.
The figures were contained in
EC1C's newsletter which was sharply
critical of the Federal Power Com
mission. The newsletter charged that
the FPC had:
Permitted electric and gas utili-
ties to collect more money in taxes
from consumers than they, the utili-
ties, actually pay to the government.
Permitted acknowledgements by
private monopoly for private gain of
the Hells Canyon site on the Snake
River.
Evaded the intent of the Federal
Power Acts 50-year licensing limita-
ton on non-federal hydroelectric
projects, permitting some private
power companies to use public re-
sources for 100 years.
The ECIC is an information and
research organization sponsored by
rural electrics, and other consumer
organizations interested in low-cost
electricity.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1960-11-11

WASHINGTON, ID. C.-(LABOR)
How deep and long will the slump
of 1960-61 be? That is fast becoming
Americas top economic question, as
one statistic after another tells of a
TALBOT in business.
Business economists as well as
union leaders are now frankly say
ing that new recession has begun.
And union sources warn that even
mild" further downturn will mean
at least five million unemployed next
winter.
As one leading government econ
omist put it: eff this wasn't an
election season, just about every
one would say we were in recess
sion" Administration spokesman
and some big business leaders, how
ever, continued to maintain an air
of official optimism.
Secretary of Commerce Frederick