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There is no tariff, or a very small one, on most of the raw materials we need, such as rubber and ore. What Europe wants to sell us is manufactured goods, on which there are some rather high tariffs. The question will be whether “safeguarding domestic industries” is to be interpreted as meaning the large interests of farmers and others dependent on foreign markets are to be jeopardized in order to help some of our less efficient producers meet foreign price competition. I have repeatedly advocated the program now proposed by the President which would put balancing the Federal budget ahead of tax reduction.
I am in accord with his view that under present conditions we do not need to continue price and wage controls but that We still need some controls over materials essential to our defense.
His promise of executive action to increase the efficiency of the Post Office Department, which has been running on too large a deficit basis, is to be commended and the President is on cound ground when he says that we must be strong in arms and strong in productivity but, above all, strong in our spiritual resources. I am glad that he opens his cabinet meetings with prayer.
The likenesses of George Washington, Thomas Jefferson, James Madison, Andrew Jackson and Woodrow Wilson look down upon those cabinet meetings. The first three did much to give m a Republic; the latter two did much to preserve it The problems facing President Eisenhower are no less grave.
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