Washington Wire

October 1953
New Republic;10/5/53, Vol. 129 Issue 10, p2
The article provides information on the recent developments related to the U.S. politics and government. The Administration suddenly cut interest rates on a Treasury note issue last week. There has been mounting criticism of the U.S. Treasury's hard-money policy. Assistant Secretary of Commerce Craig Sheaffer, the fountain pen man who fired Bureau of Standards Chief Astin in the AD-X2 battery additive row, suddenly resigned. Secretary of Agriculture Ezra Taft Benson unexpectedly ordered a probe of middlemen's profits. There has been mounting farm criticism at the spread between growers' and consumers' prices. The nation has been mulling over U.S. President Dwight D. Eisenhower-American Federation of Labor rift. His philosophy tended to ignore the fact that some selfish people don't want social amelioration at their own expense, and that they can quote Scripture too.


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