Word: centralize
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Dates: during 1950-1959
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Flustered Nationalist officials, obviously unprepared for the outburst, finally called out troops. From his mountain retreat at Sun Moon Lake in central Formosa, Generalissimo Chiang Kai-shek sped north to Taipei, called out a total of 33,000 troops, placed Taipei under martial law, imposed strict curfew regulations. Total estimated casualties: at least two Chinese killed, nine Americans injured, one seriously...
...commodity prices fell. LAPI's income tumbled. Perón had to dip into Argentina's gold and foreign-exchange reserves, a fabulous $1.6 billion piled up during the war, to pay for the raw materials that the new industry was gobbling up. Next, he set the Central Bank's currency printing presses to work. In the chain breakdown...
Reconstruction. The conquering generals quickly sought expert economic advice from Raul Prebisch, who was general manager of the Central Bank before Perón. Almost at once they scrapped IAPI, devalued the peso. Farmers were again able to keep, with some exceptions, what their -exported crops earned. The effect: a fattened peso return for agriculture. Planting and animal breeding zoomed. The cattle population is up from a low of 40 million to 49 million, i.e., 2½ head for every Argentine v. one-half in the U.S. This year's wheat harvest was 36% greater than last year...
...stage and cinema. In adapting Fitzgerald's frail short story Winter Dreams for last week's Playhouse go over CBS, Emmy Winner James P. Cavanagh came close to Fitzgerald's mood without sticking to Fitzgerald's theme. The play retained the tender struggle of the central characters, but juggled scenes and dialogue to capture the nuances of the separate worlds that preoccupied Fitzgerald-the middle class of "proud, desirous" Dexter Green and the cashmere-on-the-golf-links security of Judy Jones, whom Dexter saw always "in a soft deep summer room," peopled with...
...three months Gomulka, the man on a tightrope, had delayed calling the ninth plenum of the party's 80-man Central Committee while he attempted to discipline his highly vocal anti-Stalinist left supporters, who are demanding increasing democratization and secretly hope for a breakthrough to a Western European type of socialism. Last week, under increasing pressure from the Stalinist right, Gomulka suddenly called the Central Committee together...