AFTER NIXON: BLOWING AWAY THE UNCERTAINTY

When Richard Nixon turned over the reins of Government to Gerald Ford last week, the U.S. business community —long filled with fervent Nixon supporters—burst into a prolonged round of applause. It was a reaction of relief rather than celebration. A long-threatening cloud of uncertainty had been suddenly and dramatically blown away. Executives were infused with hope that public faith in White House leadership, and thus Government management of a sorely troubled economy, now stood at least a chance of being rekindled. "This is the best thing that could happen at the present...

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