THE PEOPLE: Freedom--New Style

(See Cover)

A model sportswoman, the late Mrs. F. Ambrose Clark, used to counsel new horse owners: "Win as if you were used to it and lose as if you liked it." The U.S. today shows little elation over its abundance, or even over the dawning realization that a disastrous depression is never again likely to halt the march of productivity. At the moment in history when this unique economic achievement was recognized, the U.S. lost its long security against heavy enemy attack; it became the first in the line of paramount nations...