Word: foreign
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Dates: during 1950-1959
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...Eisenhower's news conference. What was the President's reaction, a newsman asked, to a recommendation made last July by a special presidential committee chaired by William H. Draper Jr., investment banker and industrialist? The Draper committee's recommendation: the U.S.. as part of its foreign aid program, should heed requests for assistance from nations trying to curb runaway population. Mindful of the furor raised by the U.S. Catholic bishops' recent statement opposing such use of U.S. funds (TIME, Dec. 7), Ike gave the question an answer calculated to snuff it out as a political...
India and the U.S., so very different-one with the highest per capita income in the world, the other with very nearly the lowest-so long at odds in foreign policy, now find themselves accenting what they have in common: they are the world's two largest democracies. Both threw off British rule. In Gandhi and in Lincoln, each has a national hero whose qualities of charity, compassion and gentleness both nations revere. U.S. aid to India, once grudgingly given and grudgingly received, has accelerated rapidly of late, is now past the $2 billion mark. As Indians get over...
...Nehru, who was making his first visit to the U.S. After Eisenhower moved on to the presidency of the U.S., Nehru's private comments about him were not always flattering. Though recognizing Ike's inherent goodness, Nehru nevertheless thought him a weak leader, dominated by the "negative" foreign policy of John Foster Dulles...
...still at the mercy of the nation's cycles of flood and drought. Huge, multipurpose economic projects start out magnificently and then gradually fall farther and farther behind schedule. The second five-year plan had to be abruptly cut back because it was creating a profitless drain on foreign exchange. "We are riding the tiger of industrialization and can't get off," said Finance Minister T. T. Krishnamachari. Severe restrictions on imports, and new taxes on wealth and expenditures wrung outraged cries from the business community. There were strikes and food riots from Calcutta to Madras...
...economic rubbish." Even socialist leaders such as Asoka Mehta complain that for ten years India has been plagued by socialist slogans, "and what have we got? Nothing." Seemingly, the only purpose the slogans and all the patronizing remarks about "the private sector" have served is to frighten away foreign investors...