STATE OF BUSINESS: A Fine Climate

Though U.S. businessmen were shaken by President Eisenhower's heart attack last September, it actually made little difference in their corporate planning. They had based plant expansions and product additions not on politics but on a growing population, an expanding economy, a rising standard of living. Republic Steel, for example, reviewed growth plans after the cardiac break, but changed nothing.

In the last few weeks before Ike's announcement, businessmen became confident that he would indeed say yes. Thus, when the final decision came last week, the news had already been discounted, and it caused little stir in the business world. The...

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