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The article presents news briefs about various issues of the U.S. The General Motors stock has suddenly jumped by 14 3/8 points. The reason being increase in wages of workers in the auto industry. As per the "New York Journal of Commerce", a hike of $100 in the smaller car segment is most likely by the next year. The trend of monopoly is increasing in the U.S. After steel industry, auto industry is heading towards this path. In another development, it is observed that U.S. President Dwight D. Eisenhower has been able to gain the confidence of his political allies as well as antis before he left for Geneva. Also, the efforts to get the bill passed to free natural gas from federal regulation are continuously gaining momentum. Man behind this being Senator Paul Douglas, Democrat from Illinois.

Focuses on the political career of U.S. Senator William Proxmire. Information that Proxmire is chairman of a subcommittee in Appropriations and ranks second on Banking and Currency; Complaint of Proxmire that the nation's budget is a systems analyst's nightmare, full of municipal bond write-offs and foreign aid bonanzas; Interests of Proxmire in comparing the rate of return on government investment with the rate of return on private investment.

Examines problems with the retail regulation of electricity by states in the U.S. Concerns regarding the costs of the distribution of propaganda by utilities which are charged to consumers; Details of a testimony taken by the U.S. Senate Committee on Commerce in June 1967 regarding the fair return and actual charges reported by the nation's largest electric utilities; Criticisms against the regulation of electric utilities by state legislatures.

Stresses the importance of research, education and development to the economic and social development of the U.S. Percentage of the gross national product which was applied to research and development from 1960 to 1961; Rate of return on investment in research in hybrid corn as of 1962; Lack of intellectual effort for the country's social system.

Asserts the need for a guided capitalism to address the problems facing the U.S. economy. Importance of high employment to a free-enterprise economy; Effect of tax reforms on private intangible investments; Activities which stimulate high rate of returns.