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Ever since the Russians began their space shots, an insistent array of U.S. military pundits, politicos and editorialists have charged that the U.S. is lagging behind the Russians in the missile race, is heading toward a disastrous missile gap in the 1960s, and is foolishly placing a balanced budget above adequate military defenses. Last week, at long last, Defense Secretary Neil McElroy, backed by "the best intelligence there is," rose to the challenge. With General Nathan Twining, Chairman of the Joint Chiefs of Staff, McElroy went over to the Capitol to set the facts before the Senate Armed Services Committee...

Author: /time Magazine | Title: DEFENSE: Gap Flap | 2/2/1959 | See Source »

...asleep at the missile switch -went into counterattack in a prepared speech on the Senate floor. The missile gap, he cried, is not closed but widening. By 1961, he declared, the Russians will have four times the number of ICBMs in U.S. installations -and this because the Eisenhower Administration "is not planning to spend the necessary funds" to keep pace with the Soviets...

Author: /time Magazine | Title: DEFENSE: Gap Flap | 2/2/1959 | See Source »

...Under the impact of these developments, liquidation of inventories should soon end; indeed the gap between current sales and stepped-up production schedules may already have been closed...

Author: /time Magazine | Title: THE ECONOMY: First Foe: Inflation | 1/26/1959 | See Source »

...Drawing for office preference with 81 other new Congressmen, New York Republican Seymour Halpern drew No. 82. Not until last week did he finally get a real office, after working for days in a hole in the wall - an 8-ft.-by-12-ft. gap between the circular foyer and the straight outer wall of the Old House Office Building. ¶ More than half (47) of the House's big freshman class trooped into the Library of Congress' Coolidge Auditorium to attend a new institution: a school for Congressmen, bipartisan brainchild of such considerate upperclassmen as Maine...

Author: /time Magazine | Title: National Affairs: Notes from the Hill | 1/26/1959 | See Source »

...cars, topped the year-ago level for the first time in 16 months, although the corresponding week a year ago was particularly depressed by bad weather. Fortnight ago, loadings climbed to 467,699 cars, lagged only 1% below the same week in 1958. Railmen think the year-to-year gap has now been closed, expect carloadings to keep climbing above those of 1958 as the tempo of U.S. business picks...

Author: /time Magazine | Title: RAILROADS: Red Board on a Merger | 1/19/1959 | See Source »

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