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Vindication. Wrote the New York Times's Drew Middleton: "Dulles' prestige among governments allied with the U.S. is probably higher now than at any time since he first became Secretary of State. This stubborn, proud man has, in a comparatively short span of six months, seen both his...

Author: /time Magazine | Title: NATO: Old Flexible | 5/19/1958 | See Source »

¶Overall unemployment was going down, though factory jobs in April fell off another 271,000 to 15 million. For the week ended May 5, the Labor Department reported the year's biggest drop in those collecting unemployment compensation, with a dip of 66,900 to a total of...

Author: /time Magazine | Title: Business: View from the Bottom? | 5/19/1958 | See Source »

The Administration measure extended unemployment compensation payments 50% beyond state limits (which now range from 16 to 30 weeks, depending on state laws), with the Federal Government lending the money to the states. But no sooner had the proposal reached Capitol Hill than House Ways & Means Committee Democrats came up...

Author: /time Magazine | Title: THE CONGRESS: Down with the Dole | 5/12/1958 | See Source »

But a few bright patches showed through the clouds. The Commerce Department announced that as of mid-April the number of jobless had dropped to 5,120,000, down 78,000 from the month before. It was the first drop since October, though less than seasonal. The Federal Reserve Board...

Author: /time Magazine | Title: STATE OF BUSINESS: Betting on the Future | 5/12/1958 | See Source »

Then, out of the pocket of Rhode Island Democrat Aime Forand came another proposal hastily whipped up by his fellow Democrats on the committee. The new draft served as a practical demonstration of the poles-apart recession philosophies of the Eisenhower Administration and many congressional Democrats. The Democratic proposal extended...

Author: /time Magazine | Title: National Affairs: How the Democrats Want It | 4/28/1958 | See Source »

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