Word: asia
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Dates: during 1950-1959
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...began with a familiar Republican charge. "This $56 billion appropriation bill," he said bitterly, "represents a down payment on tragic errors in judgment made at the conference tables of Teheran, Yalta and Potsdam. It amounts to a ransom for an appeasement policy which this Administration has pursued in Asia ... a mortgage on the life of every American for blunders made . . . [Now] we must ask ourselves if we [can] substitute billions for leadership, bullets for statesmanship...
...tiny islands, Macao (total area: 6 sq. mi.) is a place addicted to gold smuggling, with customs officers who look the other way and businessmen who will deal with anybody. It was at Macao, four centuries ago, that white men got their first firm foothold on the mainland of Asia. Last week Macao's air-conditioned opium dens were prospering, godown (warehouse) space was renting at a premium, and the waterfront was crowded with Hong Kong coolies who have learned there is money to be made on Macao's docks. Hong Kong traders were moving...
Gold Net. The man behind Macao's prosperity is a shrewd, wiry Portuguese-Dutch-Malay named Pedro J. Lobo, who runs Asia's largest gold market in Macao and in fact runs Macao also. Lobo lives well, and in his spare time composes music (including an operetta called Cruel Separation). Lobo's title is economic director of the colony. On each ounce of gold, most of which arrives on Catalina flying boats owned by Lobo, he levies two taxes: an official one of 35? for the Macao treasury, another of $2.10 for himself. This has netted Lobo...
...Leaving Asia by way of Japan, he lived in Paris, London, and Jerusalem in the succeeding years. He "sat in the British Museum," wrote for German and Swiss newspapers, and began doing books. "Somewhere in Widener there are 18 of them...
...will go abroad, to further world peace by a kind of private Point Four program. Last week the Foundation gave $1,309,500 to the Free University of Berlin. Then Director Paul Hoffman and some of his top officials set off for a three-week tour of Europe and Asia to see what else they could...