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Laying aside all alarmist talk and panicky solutions, let us put that knotty problem in its proper perspective. It is true that, since 1958, the gap between the dollars we spend or invest abroad and the dollars returned to us has substantially widened.
Of all the 590 UFO reports the Air Force received in 1958, probably the weirdest was solved before it was ever reported.
People could actually see the sky and the sight of so many stars frightened them. Unusual atmospherics in Georgia made stars jump and radars go crazy; and a balloon, hanging over Chicago at dusk, cost the taxpayers another several thousand dollars but the pilots made their flight pay. A statement by Dr. Carl Jung, renowned Swiss psychologist, was widely publicized in July 1958. Dr.
But as we meet each test with courage and unity, we contribute to the safety and the honor of our beloved land and to the cause of a just and lasting peace. President Eisenhower's Letter to Premier Khrushchev, September 13, 1958 DEAR MR. CHAIRMAN: I have your letter of September 7. I agree with you that a dangerous situation exists in the Taiwan area.
We will submit a Federal Pay Reform bill aimed at giving our classified, postal, and other employees new pay scales more comparable to those of private industry; We are holding the fiscal 1962 budget deficit far below the level incurred after the last recession in 1958; and, finally, I am submitting for fiscal 1963 a balanced Federal Budget.
Our government responded to the request of the friendly Lebanese Government for military help, and promptly withdrew American forces as soon as the situation was stabilized. In 1958 our support of the Republic of China during the all-out bombardment of Quemoy restrained the Communist Chinese from attempting to invade the off-shore islands.
This extra effort involves, most immediately, the need for a supplemental defense appropriation of $1.3 billion for fiscal year 1958.
The people who listened to him in 1958 with a smiling impatience, were eager before 1959 was four months old to know just exactly what he thought might be done. He answered with the patience of a philosopher and the lucidity of a Frenchman. He began to receive responses of a more and more hopeful type. He came across the Atlantic to Italy, and there he gathered in the promises for this congress.
We must continue vigorous, combined Federal, State and private programs, at the same time preserving to the maximum extent possible our natural and scenic heritage for future generations. The National Defense Education Act of 1958 is already a milestone in the history of American education.
The United States intends to follow that course, so far as it is concerned, unless and until the Chinese Communists, by their acts, leave us no choice but to react in defense of the principles to which all peace-loving governments are dedicated. White House Statement, September 6, 1958
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