National Affairs: NEW FRONT IN THE COLD WAR

The U.S. searches for a world economic policy

THE U.S. is preparing to open a new front in the cold war—an economic front. On presidential instructions, former Budget Director Joseph M. Dodge hastened back to Washington from his Detroit bank to undertake a sweeping review of "the entire field of cold war economic strategy." Secretary of State Dulles is pressing for a huge expansion of U.S. investments abroad; Foreign Operations Director Harold Stassen. whose department is slated to go out of business next summer, has proposed an ambitious scheme which is already being called...

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