Word: ernment
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...sharpest-eyed reader of fine print in all Washington is Delaware's Republican Senator John ("Whispering Willie") Williams. While many Senators seem to spend much of their time thinking of ways for the Federal G....ernment to spend more, dedicated John Williams. 56. devotes his time to trying to get the Government to spend less. His latest discoveries in the fine print of federal expenditure records: ¶ The Air Force needed 116 fuel-pump screws in a hurry some time ago. The screws were worth about 5(' apiece, but the cost of extra handling and air-special delivery...
...Canada's has jumped 90%-an advance in which U.S. investment dollars played a dominant role. Cuba, for its part, seems intent on adopting patterns from Red China. In the eleven months since Fidel Castro appeared on TIME'S cover (which asked: "Democracy or Dictatorship?"), a supergov-ernment called INRA has grown up-as such prerevolutionary institutions as Congress and the courts wither away -and has set up 485 commune-like farm cooperatives. For how Canada grew rich while Cuba took the path to economic chaos, see THE HEMISPHERE...
Businessmen who once decried Gov ernment meddling in the economy also recognize that most federal police powers, e.g., regulation of the stock market, benefit business as well as the consumer. Most businessmen today agree with Du Pont Chairman Walter S. Carpenter Jr. that the anti-trust laws, under which his com pany has been haled into court 22 times, "are fair and should be vigorously enforced." Though some businessmen still argue publicly that the Federal Government should stop regulating business, the majority agree privately that Government intervention is preferable to the economy of the jungle. Says Standard...
...could have a cash deal is crazy." The experience has not diminished Bur ma's determination - as a small country with a thousand-mile Chinese border - to stick to official neutralism, but Burma is now becoming neutral against the Com munists. Already Premier Ba Swe's gov ernment has reversed Burma's decision of three years ago to refuse all economic and technical aid from the U.S. The gov ernment has hired a Chicago manage ment firm to help reorganize its bureauc racy. The U.S. has recently agreed to send technicians to Burma to advise on indus...
...justify his cheer, Weeks read off a bundle of statistics fresh from the Gov ernment's tabulating machines. April employment rose to a new record for the month of 64 million, and the rolls of the unemployed were cut 300,000 to 2,500,000. *Personal income for March climbed to a record annual rate of $315 billion, a gain of $19 billion over last year. Weeks conceded that the economy is showing soft spots in autos and residential construction, but thought there was nothing to worry about. But Weeks-along with Treasury Secretary George Humphrey, Presidential Economic Adviser...