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Along with the endless daily flow of documents and visitors and decisions, plus weekly policy sessions of the Cabinet and the National Security Council, the year end brings to the presidency a heavy seasonal load: 1) drawing up the Administration's legislative program for the congressional session ahead, 2...

Author: /time Magazine | Title: National Affairs: The Problems Ahead | 12/9/1957 | See Source »

A third worry is freight carloadings. Last week they were down again, 15.3% below the same week in 1956, for the sharpest drop of the year and the greatest fall since August 1954. Much of the drop was caused by the winter stop in Great Lakes ore shipments ten days...

Author: /time Magazine | Title: THE 1957 RECESSION: Facts & Figures for the Debate | 12/2/1957 | See Source »

What touched off the Fed's rapid shift were many of the same mixed signs of advance and retreat apparent for months in the U.S. economy. The differences were in degree. Instead of the expected seasonal rise, overall industrial production slipped another notch in October to 142 on the...

Author: /time Magazine | Title: STATE OF BUSINESS: Change in Policy | 11/25/1957 | See Source »

The Treasury is often unable to take advantage of fluctuating short-term interest rates to refund big amounts of the debt lest it go through the ceiling, must often borrow at times during the year when seasonal demands of business make money tightest and most expensive. Another problem is that...

Author: /time Magazine | Title: It Can Cost More Than It Is Worth | 11/25/1957 | See Source »

Granted that a heavy percentage of every publisher's seasonal list could well be doused with something or other, preferably Mum, this sort of thing nevertheless will deeply alarm all right-thinking (and right-smelling) readers. The precedent raises dreadful possibilities: a whiff of chloroform for Not As a...

Author: /time Magazine | Title: Books: Fiction Olfactory | 11/11/1957 | See Source »

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