THE ADMINISTRATION: More Than Money

Into President Eisenhower's hospital room one day last week walked U.S. Secretary of the Treasury George Magoffin Humphrey to talk about money and other matters. He brought good news: his newest estimates indicate that the U.S. budget for the current fiscal year ending June 30 can be balanced. A combination of two circumstances are at work, said Humphrey. "One will be somewhat higher revenues than we anticipated, because of the continuation of the good times that we are now enjoying, and the other will be because of the savings that have been made."

Whether the balance on June 30 will...

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