Letters: Jun. 15, 1962

On the Market

Sir: Why was President Kennedy so quick to act regarding the economic effects of steel prices, and so slow to even recognize the stock market decline? If an economy is to be controlled, then the power that controls must at least be consistent—or is it O.K. to lose money but not O.K. to make money?

JOHN C. ZACHARIS Claremont, Calif.

Sir:

How cleverly your cover artist, Robert Vickrey, concealed the unhappy face with tears dropping from dollar-sign eyes in the June 8 issue. This was truly a remarkable stroke of genius in a magazine cover. I had read the issue before I...

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