Presidential Papers, Doc#750 To Bernard Mannes Baruch, 17 June 1958. In The Papers of Dwight David Eisenhower

Document #750; June 17, 1958
To Bernard Mannes Baruch
Series: EM, AWF, DDE Diaries Series

The Papers of Dwight David Eisenhower, Volume XIX - The Presidency: Keeping the Peace
Part V: Forcing the President's Hand; June 1958 to October 1958
Chapter 11: "Take time by the forelock"

 

Dear Bernie: Thank you very much for your note of June twelfth. Sam Lubell is, of course, a keen observer.1 He has already talked to Secretary Anderson, who was impressed by Lubell’s findings. I also repeated your note to George Humphrey.2

Beyond this, I am asking my economic people to give it a good long look. Action in this field would be a matter of public relations and persuasion rather than governmental edict.3

Some of my British visitors here a few days ago, told me that our old friend is noticeably losing his vigor. Nevertheless, they said that for a two or three hour period of every day he is still much like his old self. Every once in a while I see a picture of him, but have not had a letter from him in about two months.4

With warm regard, As ever

1 Baruch had written that Samuel Lubell, Polish-born journalist and author of The Future of American Politics (New York, 1952), had interviewed laborers throughout the United States. Lubell had told Baruch that the workers in the steel, auto, and other industries indicated a willingness to forego wage increases "if prices could be stabilized." Baruch added that Lubell believed the public would overwhelmingly support "any action" taken to "hold the line on prices and wages" (AWF/A).

2 The President had telephoned Secretary of the Treasury Anderson, who said the public should be represented at the bargaining table with industry and labor. Eisenhower had also telephoned former Treasury Secretary Humphrey, who since retiring in July 1957 had continued to advise the President about economic matters (Telephone conversations, June 17, AWF/D). For developments on the recession see no. 753.

3 Baruch thought that the President's economic advisers would have little trouble finding a "basis of agreement on the part of the leaders of industry and labor, particularly in steel and autos." He also thought prevention of "another wage spiral" would improve the economy and rally public support.

4 British Prime Minister Macmillan had visited Washington, D.C., June 9 - 11 (for background see no. 635). Eisenhower was referring to former British Prime Minister Winston Churchill, who last had written to the President on May 23 (see no. 692).

Bibliographic reference to this document:
Eisenhower, Dwight D. To Bernard Mannes Baruch, 17 June 1958. In The Papers of Dwight David Eisenhower, ed. L. Galambos and D. van Ee, doc. 750. World Wide Web facsimile by The Dwight D. Eisenhower Memorial Commission of the print edition; Baltimore, MD: The Johns Hopkins University Press, 1996, http://www.eisenhowermemorial.org/presidential-papers/second-term/documents/750.cfm

 


Dwight D. Eisenhower Memorial Commission
1629 K Street, NW Suite 801
Washington DC 20006
Phone: 202.296.0004    Fax: 202.296.6464