THE ADMINISTRATION: Too Old for Such Nonsense

A tall, gaunt man stood up before a convention of farm-equipment dealers in Washington last week and made what he thought would be a scarcely noticed speech at a barely noticed meeting. Instead it cost him his job. The man was Dr. Edwin G. Nourse, titular head of the President's economic advisers. He began his speech by skeptically questioning a glittering prediction by his economist colleague, Leon Keyserling, of a $350 billion national income by 1958, with a $4,000 minimum a year for almost every family. Mr. Truman later used this as the basis...

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