Hope Held for New Dawn of Peace
WASHINGTON (AP)-Presi
dent Eisenhower and his secre
tary of state held out cautious
hope Tuesday night for a new
dawn of peace in the world.
Joining in an unprecedented
radio-TV report to the nation,
the President and Secretary
Dulles voiced hope of real prog
ress in forthcoming top level
talks with the Russians.
“New Dawn . .
It was Eisenhower who spoke
of a possible “new dawn,” though
he cautioned this country must
stay strong and vigilant—must
n’t get its hopes too high or be
misled by any false appearance
of agreement.
But he voiced confidence the
American people have the ma
turity to take the right attitude.
Dulles, just back from clear-the
ground negotiations in Europe,
said recent events may have
“turned the tide of history."
Dulles referred to such things
as the signing of an Austrian in
dependence treaty and the seat
ing of West Germany in the At
lantic alliance.
Kusslu—No Religion
Dulles said he was by no means
convinced the Russians have
“got religion." But he said it
does look as if they have decided
—in some fields at least—to
quit “bucking" the moral stand
ards of the world. And he at
tributed this mainly to strong
and persistent pressure from the
West.
Sitting in the President's oval
office. Dulles told the chief exec
j utive and the far-flung TV-radio
| audience of his recent trip to
| Europe. The President introduced
him, prompted him with ques
tions and pointers, nodded and
smiled as the secretary talked.
Informal Discussion
It had the air of an informal,
chatty discussion of momentous
issues, though Dulles had some
notes with him and he and the
President had conferred Tues
day afternoon, presumably to go
over what was to be said.
Dulles declared that in the de
cision of the NATO allies to re
arm West Germany as an ally,
Soviet Ilussia has suffered its
"greatest diplomatic defeat”
since World War II.
Furthermore. Dulles declared
Russia's decision to withdraw
troops from Austria as part of
the Austrian treaty settlement
"is bound to have a tremendous
impact" on satellite countries
where "Soviet armies are In oc
cupation.”
Freedom ‘Contagious’
Furthermore he asserted the
joy of the Austrians in their
promised freedom will be "con
tagious." The Soviets know, he
said, "the people of the satellite
countries are going to want to
get for themselves the same
things the Austrians are getting.
They want to dance in the streets
some time too."
Dulles built his talk up to the
climatic subject of the Hig Four
meeting and said many people
are puzzling over why the Sov
iets have undergone some change
He said he personally thought
"the Soviet Union may be feel
Ing It Is more convenient for
them to conform to aome of the
rules and practices of the civil
ized community."
•Soviets Softening’
"We find for the first time,"
Dulles said, "a softening of the
Soviet attitude."
From time to time the Presi
dent Interrupted Dulles with
some comment of his own. At
one point he did this to express
confidence that the American
people have developed "» greater
maturity” with respect to nego
tiating with the Russians than
they possed some years ago.
The President was prompted to
this comment when Dulh-s warn
ed that there Is a danger in Big
Four meetings of the kind in
which Eisenhower may Join some
time In the summer.
6cuc£e/t,lfe$&
Why it’s wise to
hold U. 8. Savings Bonds
. more than 1Uyears.
By Homer J. Livingston, President of
The First National Bank of Chicago and
President, American Bankers Association
Like millions of other Americans, you
probably know that our government’s Series
E Savings Bonds rank among the dflte6t,
safest and best investments in the world. But
I wonder if you realize that an extremely
attractive feature has been added to them.
Today, you no longer need cash your Bonds
at maturity (9 years, 8 months after pur
chase). You can hold them for as long as 19
years, 8 months. And this enables you to get
a far greater total yield from them, since the
interest paid on Savings Bonds is cumulative.
That is to say, your Bonds pay interest not
only on the principal, but on the accumu
lated interest itself! Now, the longer you hold
your Bonds the bigger this accumulation gets
—and, correspondingly, the more money
your Bonds pay in interest every year.
If you invested $37.50 in a Savings Bond ten
years ago, it could be redeemed for $50.00
today. Tcra would make $12.50. But if you
keep that Bond for ten more years, you will
make a total of $29.84 on your original in
vestment. In other words, if you hold your
U. S. Savings Bonds for double their original
period, your total yield is considerably more
than just double.
So, if you can possibly arrange it, hold your
Bonds for the maximum period—19 years,
8 months. You don’t have to sign any papers
or visit your bank to do this. The extended
earning period is automatic.
And, of course, go on investing in U. S.
Series E Savings Bonds—through the Pay
roll Savings Plan where you work. If self
employed, invest in Savings Bonds regu
larly where you bank.
Want your interest paid as
current income?
Invest in 3% Series H.
United States Government Series H
Bonds are new current income Bonds
in denominations of $500 to $10,000.
Redeemable at par after 6 months and
on 30 days’ notice. Mature in 9 years, 8
months and pay an average of 3% per
annum if held to maturity. Interest
paid semiannually by Treasury check.
Series H may be purchased through
any bank. Annual limit: $20^)00.
This chart
thaws tha 10-ytar
ortwfod tarwing
p -'.iw of yoar
beads
Extended Maturity Vatua.
Original Maturity Valua.
$134.69
100.00
fated After Maturity Data
Redemption Valuer
During Each Year
% la 1 yoar.
1% ta 2 yuan.
3Vi la 3 yoan...
3 Vx la 4 yoan....
4'/> •• 9 yoan.
3 Vi la 6 yoan.
*’/i la 7 yoan.
7'/, la 9 yuan.
R’/j la 9 yuan.
9% te 10 yoan.
Extondad maturity valua
(10 yuan from original
maturity date).
$101.90
104.90
107.60
110.90
114.00
117.90
131.30
134 JO
139.60
133 JO
134.69
Now even better!
Invest more in Savings Bonds!