The fortnightly journal titled Indian Libertarian was founded in 1954 by Indian liberal, Ranchhoddas Bhuvan Lotwala, and edited by his daughter Kusum R Lotwala. The first edition of October ’58 was published amid the failure of the Nehru-Noon agreement in achieving its objectives. M.A.Venkata Rao in, “The mission of Libertarianism,” highlighted the needed reforms in the use of property and the state’s role in strengthening individual reliance. M.N. Tholal in, “Nehru fooled again,” emphasized the importance of political maxims and explained the Nehru-Noon Agreement highlighting India’s surrender. T. L. Kantam.in, “Islands of war,” focused on the revision of India’s policy with America after explaining the U.S reaction to Formosa Straits crisis. Sumant S. Bankeshwar in, “Namboodripad’s Threat Of Civil War,” focused on the terror communism causes to a nation. Following this, “Communist China on the rampage” emphasized the raging conflict between capitalism and communism. Prof. G. N. Lawande in, “Keynes and Capitalism,” focused on the Keynesian approach of equal distribution of wealth in order to raise consumption function. In, “Economic “Morality and Economically Backward Nations, Fred G. Clark, and Richard Stanton Rimanoczy highlighted how a nation cannot protect the property rights of foreigners without protecting that of their citizens. Francis Bondy in, “The Sick Man of Europe is Europe.” emphasized restoring Europe stirred out of Russia and the USA troops. Several op-eds covered scenarios that prevailed in India then and included Mr. Chagla’s appointment as the Indian ambassador to the USA. News headlines captured both nation and worldly stands in this issue and concluded with book reviews focusing on different aspects of liberty.