Recession, confidence crisis hit national mood and policy
The piece argues the recession is a confidence crisis driven by bankers' credit control and government plans. It criticizes the administration for wasting defense spending and failing to aid developing nations, noting public fatigue with indecision and a rise in antiestablishment sentiment amid looming voter unrest. A quip about a car at the Lincoln Tunnel closes the note.
MENTIONED IN THIS ARTICLE
Nixon
Lincoln Tunnel
T. James
Baby’s Fifth Son Born Signals Seen on Base Flag
At Fort Campbell Kentucky a tiny blue sweater was found on a flag pole under a one star general’s banner signaling the birth of Brig. Gen. Reuben H Tucker’s fifth son. Tucker is assistant commander of the 101st Airborne Division.
MENTIONED IN THIS ARTICLE
Fort Campbell
Reuben H.tucker
101St Airborne Division
Du Pont and G M Plan GM Share Release Trustees
The Federal Government acting under a Supreme Court ruling has submitted a plan for releasing 63 million shares of General Motors by E I du Pont de Nemours Co. The plan proposes turning the shares over to trustees who would distribute the stock to du Pont stockholders.
MENTIONED IN THIS ARTICLE
Supreme Court
E. I. du Pont de Nemours & Co
General Motors Corporation
du Pont
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