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Conservatives hold that the goals of a free society can best be realized by an expanding economy which offers greater opportunity (rather than equal shares) for all. Liberals deride this view as the "trickle-down" theory of prosperity. Yet, as Economist Sumner Slichter pointed out last month, "the benefits that flow from vigorous enterprises are not a trickle. They are an enormous river, as shown by the 19% rise in personal incomes, the 21% rise in labor income and the 47% gain in industrial and plant equipment since...

Author: /time Magazine | Title: Business: THE NEW CONSERVATISM | 11/26/1956 | See Source »

...report published today, Sumner H. Slichter, Lamont University Professor, described the Eisenhower administration's economic policy as "solid and realistic," while Seymour E. Harris, professor of Economics, made "some reservations" about the present prosperity...

Author: NO WRITER ATTRIBUTED | Title: Prof. Slichter, Harris Assess U.S. Economy | 11/26/1956 | See Source »

Massachusetts' Republican Gubernatorial Candidate Sumner Whittier gladhand-ed his way around the state as a simon-pure Eisenhower supporter; he took a fearsome trouncing (141,000) from Democrat Foster Furcolo, who could point to a solid congressional record...

Author: /time Magazine | Title: National Affairs: The Crucial Lesson | 11/19/1956 | See Source »

...drab campaign, Massachusetts former Democratic Congressman Foster Furcolo, 45, dramatically withstood the Eisenhower landslide, buried a Christian Herter-Eisenhower Republican, Lieutenant Governor Sumner G. Whittier, under a thumping plurality. Furcolo's chief campaign asset: energetic support from popular U.S. Senator Jack Kennedy...

Author: /time Magazine | Title: THE STATES: Governors: In & Out | 11/12/1956 | See Source »

...gubernatorial race lines up much the same way with Republican Sumner G. Whittier resting his hopes on an Eisenhower victory. Foster Furcolo is a very slight favorite, but Whittier can win if the President retains his 1952 plurality of over 200,000 votes. Furcolo's chances depend heavily on carrying his home area, the western part of the state, because his voting power in Boston may be hampered by his Italian name...

Author: NO WRITER ATTRIBUTED | Title: Large Vote Predicted In Tight Local Races | 11/6/1956 | See Source »

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