Word: asia
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Dates: during 1950-1959
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Economic Aid. The new program offers long-term aid on a loan basis to the underdeveloped countries of Asia and Africa to help provide the visible signs of economic progress that their peoples are learning to expect and demand. The method of providing capital is entirely new: creation of a Development Loan Fund, to replace former handout-style grants, through which the U.S. will be able to channel $500 million in fiscal 1958 and $750 million in both fiscal 1959 and 1960 into basic foreign-growth projects such as roads, dams, utilities, "the sinews of economic strength...
...decade that has passed since the British Raj withdrew from India, non-Communist Asia's biggest and most populous nation has been ruled by one party and one man-the Congress Party of Jawaharlal Nehru. Last week some 365 white-capped Congress Party M.P.s assembled in New Delhi's round, red sandstone Parliament building to listen to their leader. They expected both praise and advice. What they got sounded more like a funeral oration...
...Presidents issued the customary formal communique. It was phrased in the same hard-worn phrases of today's diplomacy: both recognized the threat of the Communist buildup in North Viet Nam, Diem pointed up the need for "closer cooperation with the free countries of Asia," the two governments agreed "to cooperate closely together for freedom and independence in the world...
Communist China seems to be producing a class of discontented, semieducated intellectuals for whom there are no suitable jobs-a category in which Communism had made its strongest inroads in other parts of Asia and the Middle East. What to do with the idle educated? Said Education Minister Chang Hsi-jo: "Let them work in the fields and factories as in the Soviet Union. We must have the younger generation educated so they may know that revolution is painful...
...Asia, more and more Americans are searching out lightly traveled Shangri-Las, and are willing to trade off some comfort for new romance. After hundreds of years of isolation in the Himalayas, Nepal's Katmandu is opening up to venturesome tourists. Now peaceful, Viet Nam next month will open a hunting bureau in Saigon, with safari guides, rifles and elephants for hire. Package price for hunting panther, tiger, elephant, buffalo, bear: $8 a day. In all, 115,000 Americans will travel in the Pacific-a gain of 15% over last year...