Suchergebnisse

The political history of gold in the United States is inseparable from X that of silver. In large measure it is simply the obverse of the history of silver. Looked at positively, the case for silver was an attack on gold monometallism; looked at negatively, the case against silver was a defense of the single gold standard. Another and very practical reason for relating the history of gold to that of silver is that the story of what has happened to silver affords an enlightening parallel to what is happening, and conceivably may happen, to gold.

The contemporary Indian scene is exciting. Of immediate relevance to the present article are two basic aspects of the evolving situation in India. First is the fact that there is in process, for anyone to see, a deliberate effort to raise living standards. The government of independent India articulated a framework for economic expansion almost a decade ago, at about the time that President Truman dramatically injected the problems of economic development in the arena of international affairs. Since then India has been proceeding with development activity more or less within this framework.

Previous sessions of the National People's Congress (NPC), with their voluminous official reports on the ups and downs of Government work —particularly economic work—have provided some of the best data for tracking the course of political change in China during the last decade, and for trying to co-ordinate apparent changes of policy with the rise or fall of individual politicians. Although this year's NPC produced little more than a guarded summary of Chou En-lai's Report on Government Work, a Resolution on it and a People's Daily editorial, when these are read with the rest of current propaganda and compared with previous form, an attempt can be made to draw some tentative conclusions about the present political climate in Peking.