Word: 38th
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...major conflicts in Viet Nam and the Middle East. Still, there was always the possibility that some crises could be eased at private diplomatic meetings in the town houses and apartments of New York. At one such meeting, held in U.N. Secretary-General U Thant's 38th-floor office suite at week's end, representatives of the U.S., Russia, Britain and France agreed to resume Big Four talks on the Mideast after a ten-week hiatus...
...balance their investments between growth stocks and blue chips, stood up fairly well in the declining mar ket. Investors Mutual, the largest of all, fell only 4.1% and rose in the standings from 245th place to 33rd. Massachusetts Investors Trust fell 4.5% and moved up from 228th to 38th. Normally, any losses at all would be nothing to crow about, but so far this year only 95 funds have managed to out perform the Dow Jones average, which dropped...
...seems doubtful that Kim will order his army to march over the 38th parallel in the next several months. However tempting the prospect of a quick success might be, such a decision would be folly without full Soviet backing. North Korea's army is almost wholly dependent on the Soviet Union for supplies, ammunition and replacement parts and, by joining in the search for possible U.S. survivors, Moscow has demonstrated its disapproval of Kim's adventurism. So Kim will likely be confined to a continuation of the tactics that have worked so well in recent months: steady harassment...
When the North Korean armies swept south across the 38th parallel in June, 1950, it was nearly two weeks before the U.S. could bring in a division of reinforcements by sea from Japan. Not until three months later did the U.N. forces succeed in pushing the North Koreans back into their own territory...
...west, Soviet divisions surge into Sinkiang, to be received without conspicuous resentment by the tribal peoples of the area, long oppressed by the Chinese. The Russians move no farther south. Aware of Chinese skills at guerrilla warfare, Moscow orders that a new frontier be set up roughly along the 38th parallel. China is to be left to wither, stripped of its nuclear potential, shorn of its most important industrial complex, spiritually returned to the caves of Yenan...