Word: thaws
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...showed no signs of being disturbed at the obviously minor clashes on policy. Rather, the whole Washington program seemed aimed at convincing De Gaulle that the U.S. takes him at his full worth?perhaps in hopes that differences will thaw once he is so reassured. The official kid-glove treatment ranged from the right food at state dinners (simple meals, no sauce on the steaks) to carefully planned walking requirements (since he is too vain to wear his thick glasses a moment more than necessary, De Gaulle's every step in strange territory is a source of trouble...
...Communist lexicon, Nikita Khrushchev is clearly the apostle and chief promoter of peaceful coexistence and the calculated thaw. On the 90th anniversary of Lenin's birth last week, when "the Lenin of today" was off vacationing on the Black Sea coast, the official mouthpiece was Finnish-born Presidium Member Otto Kuusinen, 78, the hardbitten old Bolshevik who was one of Lenin's commissars in the revolution's early days. Kuusinen told an audience of some 20,000 at Moscow's Lenin Central Stadium that "war would be insane" with mankind's new destructive weapons...
...spring thaw in interest rates last week showed signs of turning into a freshet of easier money. For the third week in a row, the average yield of 91-day Treasury bills dropped sharply, hit 3.03%, lowest since the 2.87% yield last May 25, and well below the record 4.67% just before Christmas. Other short-and long-term rates were also well down from their peaks...
...thaw will make it easier for the Government to raise money. But it has just about killed the hopes of Treasury Secretary Robert Anderson to end the 4¼% interest ceiling on long-term Government bonds. His stand-that interest rates were so high that the Government could not sell any long-term issues-was undercut by the slide in rates, which has dropped yields on Government bonds until many are selling at around 4%. Thus Anderson, who must raise between $2 billion and $2.5 billion in new money in the next few weeks, is expected to try to raise...
...even as the civil rights impasse seemed to be freezing hard, there were signs of thaw on Southern fringes. In San Antonio, a Negro girl sipped a Coke at a lunch counter previously reserved for whites only. "I feel funny," she said, "but it's nice of them to serve us." San Antonio (pop. 575,000) had responded to appeals from its Negro population (9%) for lunch-counter equality after several meetings of white and Negro clergymen, businessmen and store managers. Opened to Negroes without incident were lunch counters in seven variety and 23 drugstores. Also, six Negro students...