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The article discusses several issues related to finance in the United States. The Secretary of the Treasury, William Windom broke the monotony of the recent calls of bond purchases by accepting a round amount of 4 percents, for which he paid 129. For a long time past, the Department seems to have tabooed the 4 percents, confining its purchases to the 4 and half, and paying 108 for that issue. At the beginning of April, there are but $155,000,000 of the 4 and half outstanding, against $681,000,000 of the fours, so that the area of purchase is very largely increased by the addition of the latter class. With regard to the bond purchases, it must be remembered that the 4 percents fall within the control of the Treasury in the autumn of 1891, and Windom will doubtless be inclined to repeat with this issue the success, which he had in his former incumbency of his present office.

The author comments on various issues in New York as of February 18, 1956. Governor William Averell Harriman's incumbency, to him, is the reason why New York has no state tree and this might get him into a conflict with tree lobbyists. There is concern about an airline whose flight to Cleveland was taken by a New York working girl. The author tells why he considers the solar furnace in his hometown not a new invention, but comparatively a new tool for pure research.

The article discusses the advantages of the incumbent U.S. President Richard Nixon over other presidential candidates for the 1972 U.S. election. It notes that the candidate occupying the position in the White House has the ability to run a campaign above the fight, which is exactly what Nixon plans to do. It states that his presidential prerogatives let him call meetings whenever he desires. It mentions that the Republicans will spend about 30-40 million U.S. dollars for his campaign.

Focuses on the results of the primary election in which most of the incumbents have held their seat. Renomination of the incumbent congressmen. Views that the results have been favorable for the believers of New Deal, the political and economic doctrines propagated by the U.S. President, Franklin D. Roosevelt; Defeat of some of the incumbents; Governor of Georgia, Eugene Talmadge and Representative Martin Sweeney of Ohio have been defeated; Views that the people propose to elect those congressmen who have aided the slow pace of governance by Roosevelt.

The article discusses limiting the tenure in office not only of the President but of all other US elective officials, right down to legislative assemblies and city. The argument against this is that the people are sovereign and they should be able to elect a person for as long as they wish. The fundamental issue is the fact that the advantages of incumbency have become so colossal in the U.S. politics, that. it is practically impossible for a newcomer to get into office unless the incumbent dies or retires voluntarily. A limitation on terms in office might increase political courage, always a scarce commodity. It would tend to fence off an office-holder from pressure and threats.

Focuses on chances of socialist Upton Sinclair to win in the race for Democratic gubernatorial nomination in California. Promise made by Sinclair to take over idle land and idle factories, operate them with the unemployed and distribute the products among the needy; Significance of his victory in the reflection of profound discontent in the state; Claim that if Sinclair wins, his incumbency as Governor should prove tremendously interesting as a social experiment.

Presents letters to the editor referencing articles and topics discussed in previous issues. Reaction of Americans to the Watergate scandal; Reply to the idea of maximizing incumbency.

Comments on the memorandum of Maximizing the Incumbency introduced by John Dean in the U.S. as of August 1973. Provisions of the memorandum; Public officers included in the staff of U.S. President Richard Nixon that were indicated in the memorandum; Information on the incumbency system introduced by Dean; Reasons for limiting the targets of the incumbency memorandum.