[notamoocher]

Free competitive enterprise is the most creative and productive form of economic order that the world has seen. The recent slow pace of American growth is due not to the failure of our free economy but to the failure of our national leadership.

The $9 billion of added interest charges on the national debt would have been even higher but for the prudent insistence of the Democratic Congress that the ceiling on interest rates for long-term Government bonds be maintained.

America uses half the minerals produced in the entire Free World. Yet our mining industry is in what may be the initial phase of a serious long-term depression. Sound policy requires that we strengthen the domestic mining industry without interfering with adequate supplies of needed materials at reasonable costs.



FROM THE 1960 DEMOCRATIC PARTY PLATFORM.