National Affairs: A Creed for Enterprise

When Congress grudgingly extended the Reciprocal Trade Agreements Act for another year (TIME, Aug. 3), it also set up a Commission on Foreign Economic Policy to report next year on how much protection and how much free trading the U.S. ought to indulge in. Last week, mindful that the commission's recommendations could shape U.S. and world trading poli cies for years to come, President Eisen hower appointed a highly qualified man for the job of chairman. The choice: Clarence B. Randall, 62, chairman of the board of Chicago's Inland Steel Co.

Steelman Randall is a successful businessman with an appetite for public...

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