In the weeks before Mr. Nixon left Washington for Peking, we received letters from responsible missionaries and Sinologists expressing the view that the President’s trip would be futile. They may be right, but I personally hope and pray for God’s intervention; he can turn nations and men to his ends.

I am disheartened at the fiscal irresponsibility shown by the administration and the Congress in pushing the limit of the national debt to $400 billion. Nations cannot afford to adopt programs, however good, for which they cannot pay. We have already placed programs on the books that will add billions of dollars to the budget in a few years’ time. A balanced budget and prudent fiscal management have their roots in God’s order for men. To violate them is to invite not only economic disaster but also spiritual decay.

One of our board members, (James) Roger Hull, died recently. He was chairman of the board of the Mutual Life Insurance Company of New York. Among his other areas of service, Mr. Hull was a trustee of the United Presbyterian Foundation, a member of the Salvation Army New York Advisory Board, and chairman of the 1957 Billy Graham New York Crusade. We extend our sympathy to his family; “Blessed are the dead who die in the Lord.”

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