THE NATION: Betting on Strength

The Eisenhower Administration, with the latest economic statistics at its finger tips, is convinced that the recession is in check.

That news was apparent last week not in proclamations, but in quiet Administration optimism, and in its most dramatic form, a major decision: the Administration all but closed the door on 1958 antirecession tax cuts, decided to press for simple extension of corporation and excise taxes at their present rates when those rates expire on June 30.

At last week's Cabinet meeting. President Eisenhower and Treasury Secretary Robert Anderson were all for...

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