Word: economist
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Dates: during 1940-1949
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...them in the U.S. State Department, which is still trying to figure out a U.S. policy for Asia-the Chinese Communists ought to be officially acknowledged as China's rulers, get some form of U.S. assistance to spur a break with Moscow. Last week London's shrewd Economist analyzed the premises on which this argument is based, found them extremely shaky. The Economist's analysis gave sharp warning that the China Reds represent a clear and present danger to the West. Excerpts...
Among previous Godkin Lectures have been Harold E. Stassen, ex-Governor of Minnesota and president of the University of Pennsylvania; Robert Moses, Commissioner of Parks of New York City; Professor Charles E. Merriam of the University of Chicago; and Australian economist D. B. Copeland...
...million tons; actually, West Germany's mills produce only 9 million. The country has 1,300,000 unemployed. Industry's gravest trouble: a severe shortage of credit to finance reconstruction. Both Germans and Americans have been loth to invest in German industry. Said one wise U.S. economist: "The critical question is still one of confidence...
West Germany were becoming louder. Wrote London's wise Economist: "It is quite impossible to think of neutralizing Germany . . . Germany must therefore be defended. Indeed it is in Germany that the defense of the West must begin, and that it might fatally end." To overcome Western Europe's inevitable resistance to arming Germany, military men have suggested that a Western German army be placed under the command of Western Union headquarters...
Last week they found a man to direct the job. Their choice: John Davenport, a member of FORTUNE'S board of editors since 1937, longtime friend of London Economist Editor Geoffrey Crowther. Lean, intense and articulate, new Editor Davenport, 45, is a Yaleman ('26), yachtsman (he sails his own 45-ft. cutter) and an alumnus of the New York World...