For the Record

When it was first hinted that Marshal Tito would be invited to Washington to confer with President Eisenhower this year, the reaction was immediate and hostile, both on Capitol Hill and in the nation at large. Nothwithstanding, NATIONAL REVIEW has it on good authority that a formal invitation has gone out to the Yugoslav leader and that it has been accepted.

How did we do in 1956?—some year-end statistics: American exports were up nearly 20 per cent (they approached $18.5 billion) and imports were up 12 per cent (nearly $13 billion)…. Our farm exports will equal the 1919 record of $4.1 billion, an increase of 30 per cent…. The 1956 boom, say government statisticians, was sparked by record business spending of $35 billion…. Although house building slumped, some $44 billion—-a new high—was spent on construction as a whole…. But small business was in trouble. With an estimated 12,750 failures, 1956 was the worst year for the “little” manfacturer and retailer since 1941.

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When it was first hinted that Marshal Tito would be invited to Washington to confer with President Eisenhower this year, the reaction was immediate and hostile, both on Capitol Hill and in the nation at large. Nothwithstanding, NATIONAL REVIEW has it on good authority that a formal invitation has gone out to the Yugoslav leader and that it has been accepted.

How did we do in 1956?—some year-end statistics: American exports were up nearly 20 per cent (they approached $18.5 billion) and imports were up 12 per cent (nearly $13 billion)…. Our farm exports will equal the 1919 record of $4.1 billion, an increase of 30 per cent…. The 1956 boom, say government statisticians, was sparked by record business spending of $35 billion…. Although house building slumped, some $44 billion—-a new high—was spent on construction as a whole…. But small business was in trouble. With an estimated 12,750 failures, 1956 was the worst year for the “little” manfacturer and retailer since 1941.