Page 12 The Guardian Thur. March 20. 1958

Sure Will Whip Recession

_ WASPlINGTON (AP) — Pres- going to be. panicked by alarm- ‘dent Elsenhower expressed fun ists into activities that could ac-

confidence '1‘ u e s d a y that the American people will whip the re- cession and get back “once more on the road to ever-higher levels of prosperity.”

He also pledged that his admin- istration will do e v e r y t h i n g needed, including the cutting ‘of taxes, if that “should prove de- sirable and necessary.”

Eisenhower made these declar- ations in a speech to a conference of Republican women.

VDECISION IN MAY?

Earlier, Senator William Know- land of California saidit might well be two months before the administration makes a decision on cutting taxes. Lastweek the word was that it might come in one month. -

Knowland, Republican leader of _

the senate, gave his estimate

tually make those hardships not temporary but chronic.”

Eisenhower divided into two parts what he called the Repub- lican principle on the relation of

the government of the economy,

“We believe," he said, “that the government has a never-end- ing responsibility to keep abreast of the facts of economic activity, and to be prepared, whenever an economic downturn occurs, to do whatever it can to help bring about a healthy increase in em- ployment and business activity."

“But another part of the sax ie principle also holds that the real mainspring of our kind of eco- nomy is not government, but the built-in thrust and vigor of priv- ate enterprise.” '

HISTORIC FORT Fort Frontenac was built in 1673 on the site of the present city of Kingston, Ont.

SINCE

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after he and other Republican congressional leaders had talked with Eisenhower at the White House about tax-cut possibilities, and the chance that other meas- ures might whip the economic

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Some Democrats in the House of Representatives talked mean- ’while of cutting taxes by $7,000,- 000,000, and Speaker Sam Ray- burn (Dem. Tex.) told report- ers: “There are all ki-nds of schemes

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Eisenhower, in promising any i's°n?«?Elu3ia.. I H necessary action, said he is flatly ' ‘N ‘ ' opposed to slow-«moving projects designed just to make work. He added:

“The hardships to individuals and their families of a temporary downturn in employment are bad —

\ enough. “But this administration is not

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