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So rewarding were these visits that their very success became a significant factor in causing the Soviet Union to wreck the planned Summit Conference of 1960. These vital programs must go on. New tactics will have to be developed, of course, to meet new situations, but the underlying principles should be constant.
Today our surging strength is apparent to everyone. 1960 promises to be the most prosperous year in our history. Yet we continue to be afflicted by nagging disorders. Among current problems that require solution are: the need to protect the public interest in situations of prolonged labor-management stalemate;
On February 1, 1960, four Negro students from the Agricultural and Technical College in Greensboro, North Carolina, entered a Woolworth's variety store and purchased several items. Then, they sat down at its lunch counter, which served whites only. When they were refused service, they took out their textbooks and began to do their homework. This protest immediately made local news.
Each of these additional outlays is being made necessary by the surging growth of America. Let me illustrate. Responsive to this growth, Federal grants and long term loans to assist 14 major types of capital improvements in our cities will total over 2 billion dollars in 1960 double the expenditure of two years ago.
In 1960 he was again transferred, this time to Kuwait, where he operated the equipment of Mohamet Behbehani 9K2AM for over six years. George now has a small shop in Piraeus, the port of Athens and is no longer active on the amateur bands.
Economic prophecy is at best an uncertain art as demonstrated by the prediction one year ago from this same podium that 1960 would be, and I quote, "the most prosperous year in our history." Nevertheless, forecasts of continued slack and only slightly reduced unemployment through 1961 and 1962 have been made with alarming unanimity and this Administration does not intend to stand helplessly by.
The government charged DuBois with failing to register the "Peace Information Center", where he was employed, as an agent for a foreign principal. Although acquitted, the harassment deepened his cynicism and hostility. Finally, he became a communist, and he moved to Ghana in 1960. He died there in 1963.
A little below Tatta its Delta begins a Delta, however, much inferior in size to that of the Nile. The distance from the apex to the sea is not more than sixty miles, and the breadth of the tract embraced between the two arms does not exceed seventy miles. The entire course of the Indus is reckoned at 1960 miles, of which probably 1260 were through Persian territory.
The 1959 deficit was caused in large part by the failure of our exports to penetrate foreign markets the result both of restrictions on our goods and our own uncompetitive prices. The 1960 deficit, on the other hand, was more the result of an increase in private capital outflow seeking new opportunity, higher return or speculative advantage abroad.
These prospects will be brightened if 1960 expenditures do not exceed the levels recommended. Second, I shall recommend to the Congress that the Chief Executive be given the responsibility either to approve or to veto specific items in appropriations and authorization bills. This would save tax dollars.
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