Word: baseness
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Dates: during 1950-1959
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...Agreed, four weeks after Iceland dropped its demand that the U.S. withdraw its forces from the strategic Keflavik air base, to lend Iceland $4,000,000 to finance essential imports and continue its economic development programs...
...Revealed, in a terse statement by the U.S. embassy in Taipei, that the U.S. will build a $25 million air base for the Chinese Nationalist government in central Formosa-which the U.S. Air Force will be permitted to use at will. The new field, to be "the most modern" on the island, will be capable of handling B-36 and B-52 bombers, will thus fully transform Formosa into a major strategic bombing base...
Okinawa is the one place where the U.S. finds itself embarrassingly thrust back into the colonial business. Once there, it has tried to make Okinawa both a political showcase and a military base. As a showcase, it must be democratic; as a military base, it must be secure. Often, as the British have learned in a more difficult situation on Cyprus, the two can be at odds...
...length of the sugar-rich island. Buses were set on fire, power and telephone lines cut, store windows smashed, cars bombed, bridges burned. A train was derailed, and a railroad station burned down. In the Guantanamo power station, two bombs went off and plunged the big adjoining U.S. Navy base into darkness...
What is needed, businessmen say, is a completely new approach to depreciation. One suggestion is to base all depreciation allowances on replacement instead of original costs, thus counteract the effects of rising prices...