A leading voice of the blue-chip U.S. business community this week tackled an issue that politicians must face in the 1960 presidential campaign (TIME, Jan. 25). After a three-year study, the Committee for Economic Development (180 top executives and educators) concluded: "Where the decentralized system cannot provide good schools, federal aid to education is an urgent necessity."
Citing recent school improvements in a 90-page report entitled "Paying for Better Public Schools," C.E.D. suggests that rising prosperity alone will produce enough new money to hold the gains. But is this enough? Far from it, says Ralph Lazarus, head of C.E.D.'s educational subcommittee and...
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