‘The Indian Libertarian’ was a fortnightly journal, founded in 1954 by Indian liberal, Ranchhoddas Bhuvan Lotwala, and edited by his daughter Kusum R Lotwala. This edition (Vol.9) of the journal was published on July 1, 1957. Article by M.A.Venkata Rao on “Thoughts On Budget” examines the Finance Minister’s Budget Proposal and says these taxes are the thin end of the wedge of communism. Pakistan Politics in a Flux by “Vigilant” talks about the victory of Mr. Suhrawardy was the defeat of the Awami League Party in Pakistan. The article “Pawky Pakistan” by K.D. Valicha talks about refugees from East Bengal, Perverted Secularism and American help to India during the last year. (No. 2) “Supplement of the The Research Department of the R.L. Foundation” edited by “B.S.Sanyal” features “The Socialist Regression” by “M.V. Balakrishna Rao” that states two forms of socialism, interventionism in France, experience of Britain during the second World War and the Fundamental Objection To Socialism. “Money And Socialist Chicanery” by K.D. Valicha discusses the views of Prof. Meyers. “The Welfare Sentiments” by B.S. Sanyal includes Fallacy of Socialism, Duty of the Intelligentsia and Two Dangers Inherent in Socialism. Joseph A. Schumpeter’s Contribution To The Science Of Economics by “Alexander Brody” talks about Marginalism. “The Making of Modern India” by “A. Ranganathan” includes British contribution, an Unfortunate Twist, State of Confusion and A National Disaster. “Prohibition Should Go” by S.B. discusses Rajkumari Amrit Kaur’s plea for the reimposition of Salt Tax. “Communism–Not an Ideology but a Conspiracy” by Sumant S. Bankeshwar features The Finances of C.P.I., findings of the Meerut Conspiracy Case, Communist Violence in India and the Preachings of High Priests of Communism.