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 second edition of November ’58 was published amid the time when a re-orientation of the Indian foreign policy was needed. M.A Venkata Rao in, “Land Reforms,” focused on the change needed in the agricultural policies of a Marxist variety. Instances into communist terrorism uniformity and persuasion in China, were provided by Suman S. Bankeshwar who focused on the conditions of workers and peasants then. The trend of countries falling prey to dictatorial regimes around India was emphasized by Anthony Elenjimittam in, “Nemesis Of Military Dictatorship.” M. N. Tholal in, “Between two stools,” focused on the two events that emphasized the leftist approach the Indian prime minister was adopting then. In, “Arise, Awake! and Stop not! Baburao Patel questioned the fate of the then Indian people in the hands of Nehru. Prof. G. N. Lawande highlighted how commercial banks were the forces of economic instability and focused on their significance in being the manufactures of money in the article, “Do Banks Create Money?” The free scope for the operation of the market economy was emphasized in, “Capitalism and The Economic Crisis.”  An op-ed following the same principle focused on the structuring of the Indian tax system for the nation’s growth. In, “Danger in the far east,” Martin Bronfenbrenner highlighted how America lessened her opposition to the Japanese economic pressure for trade with the Mainland of China. Other op-eds highlighted stands of the world bank and India, and also imposed on various prevailing scenarios. The issue captured both nation and worldly stand news and concluded with book reviews on Indian foreign policy.