State of Business: The Kennedy Approach

In the bitter and uncertain aftermath of the steel episode, the nation has been waiting to discover how John Kennedy would deal with business in the future.

At the annual U.S. Chamber of Commerce meeting last week, the President labored to be conciliatory and to prove himself no foe of business. But in one sentence, he firmly restated the thesis that underlay his intrusion into steel pricing.

Said the President: "All the segments [of the economy], including the national Government, must operate responsibly in terms of each other, or the balance which sustains...

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