Just as hard as he was waging peace around the world, President Johnson seemed to be fighting for frugality in Government. Last week he heard some good news about the performance of the U.S. economy last year, put out word that next year's budget would total $100 billion, and that he, personally, was reviewing every cent of expenditure. Such tidings were aimed to pleaseĀand they have certainly had that effect on the U.S. business community, which has warmed to Johnson in rare fashion.
To the banks of the Pedernales River from Washington went Dr. Walter Heller, chairman of the President's Council of...