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Informs that Frederick R. Kappel, chairman of AT&T Corp., figures that it will take 35 years for the company to install the new electronic switchgear announced by the company. Prediction that when electronic machinery is in place, the flexibility and cost of telephone service will be improved; Information that the Bell System has already spent $100 million on electronics; Comparison of telephone rates in the various states; Focus on the role of the federal agency as the unifying force in the regulation of the U.S. telephone industry.

Focuses on issues surrounding the approval of the administration of U.S. President John F. Kennedy of an amended version of the government's bill providing for the ownership and operation of a communications satellite system by a privately-controlled corporation, in April 1962. Analogy between satellite communications and the traditional public versus private power debate; Predictions made by Lloyd V. Berkner, a member of the President's Science Advisory Committee, at a private meeting with the Federal Communications Commission; Examination into how the directorate will likely to function on the basis of the proposed distribution of interests.

Focuses on various issues related to the U.S. foreign aid. Statistics on net aid flows reported by the Development Assistance Committee; Economic implications of considering Representative Donald Fraser's improved aid bill a device to divert U.S. foreign assistance money to the payment of more wages and salaries to American workers; Use of aid in the agriculture sector.

Analyses changing trends in foreign aid in the U.S. Basic use of nation-to-nation aid; Functional divisibility of foreign aid into power money, or other financial consideration, and relief money, which covers payment of transport and medical services, and purchase of ordinary civil merchandise; Prerogative of the governments receiving foreign aid to take credit for supplying the same to its citizens; Ways in which U.S. Vice-President Richard Nixon handled foreign aid.

Focuses on U.S. Secretary of Agriculture Orville Freeman's farm policy. Comparison of the country farm production with that of France; Reason behind Freeman's efforts to dissuade the Economic Community from building higher barriers against the flow of American agricultural products; Emphasis on the Trade Expansion Act by Freeman; Effort by Freeman to deliver the maximum number of farm votes to his administration.

Criticizes the opposition of U.S. Senator Kefauver and Representative William Fitts Ryan to the Communications Satellite Bill supported by President John F. Kennedy and passed by the House of Representatives in 1962. Argument against the proposition that government ownership should follow from public investment; Reasons for the increased interest of international communications companies in satellite communication; Advantage of long-distance television circuits through the space communications facility to the industry and developed countries.

Highlights the response of the U.S. Congress and the public to a speech by U.S. President John F. Kennedy regarding civil defense and preparation in case of war. Delegation of the authority over civil defense to Adam Yarmolinsky, the Special Assistant for Special Projects to Secretary of Defense Robert S. McNamara; Request of the U.S. President for funds from the Congress in preparation for a possible war; Increase in the demand for federal literature on fallout shelters.

Comments on the announcement to stockholders by the president of Central of New Jersey that the railroad will lose money even if business should improve. Factors behind the continuous business losses suffered by the railroad; Potential impact of the railroad's financial difficulties on America's image as a problem solver and profit maker; Implications on railroads and business.

Criticizes liberal foreign trade policies that close the U.S. market to newly industrializing countries and stifle free trade competition as of 1961. Impact of imports on the employment of labor union members; Response of President John F. Kennedy to the use of economic boycott by labor unions; Analysis of Solomon Barkin of the Textile Workers' Union of the duty of organized labor to union members; Statement of the American Federation of Labor and Congress of Industrial Organizations on the U.S. trade policy.

Criticizes the U.S. Area Development Bill sponsored by Paul H. Douglas and several Democratic and Republicans legislators in 1961. Comparison of the bill with the proposal offered by Senator Hugh Scott of Pennsylvania; Views on the impact of the bill sponsored by Douglas on unemployment in distressed rural areas; Claim that low-income farm families are outcasts of the shrinking small business economy of agriculture; Training needs of low-income farmers.

Focuses on the functioning of U.S. National Recovery Administration in view of strikes and labor disputes in the country. Agitation of employers in the coal, steel and automobile industries against the provision of collective bargaining in the Recovery Act; Permission to the producers by the NRA to insert an explanatory paragraph concerning the collective-bargaining provision in the code of fair competition; Contention that to permit employers to hire and fire on the basis, of individual merit is to give them a subtle means for weeding out union workers; Strikes led by Communist trade unions in the slipper industry.

Focuses on the issues associated with the suspension of the U.S. economic assistance to Sri Lanka. Role of the amendment to the Foreign Aid Appropriations Act in the decision; Provision under the law that economic assistance to the countries, which avoid a reasonable action to reimburse American private investors properties being sized, can be suspended; Acknowledgement of the right of a government to expropriate property belonging to nationals of other countries for public purposes; Contracts signed by the Sri Lankan government with the Soviet Union and Romania for supply of oil at prices lower than charged by foreign countries; Continuation of the Food for Peace program to Sri Lanka which supports a school lunch program. INSET: Other People's Property..

Presents letters to the editor referencing articles and topics discussed in previous issues of the journal "National Review." Dispute between Dr. Gideonse and the Joint Committee Against Communism in the U.S. in the May 2, 1956 issue; "Why Does the World Hate America?" which expressed opinion about the country and its government; Reaction to Schlamm's column of criticism.