Business: A TOUGH FRIEND IN THE WHITE HOUSE

ACCORDING to the standard political form-charts, businessmen are supposed to get a better deal from a Republican President. Cherished assumptions aside, the track records are not always so clear. Dwight Eisenhower had the most vigorous trustbusters since Teddy Roosevelt's day, and his economic advisers supported tight-money policies few businessmen favored. John Kennedy had his celebrated showdown over steel-industry price increases, but he also advocated the tax cut that gave a substantial lift to profits. Lyndon Johnson eagerly courted businessmen and had great initial success, though the relationship deteriorated. How will businessmen fare...

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