THE ADMINISTRATION: Unfixed Asset

Bone-tired from the eight-month process of pulling together the $65.9 billion budget for fiscal 1957, Budget Director Rowland Hughes (TIME, Jan. 23) slipped into the White House one day last week and, for "compelling personal and family reasons," asked the President to set a date for his resignation. They agreed on April 1, and while Hughes ducked out for a week's rest in Boston, the President released a blue-ribbon letter of "deepest regret." He wrote: "You should take vast pride in the balanced budgets now at hand . . ." When he...

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