Word: formosae
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...popular uprising and high-level confusion as to how the empire should be managed (see below). In the free world it has showed itself in the nagging vitality of NATO, Iceland's decision to get rid ot U.S. troops, the division and rancors among the allies over Cyprus, Formosa, North Africa and Suez...
...outdistanced its peak wartime production years. Japan's phenomenal recovery has been due largely 1) U.S. Government procurement orders, and 2) soaring exports, notably of cheap textiles and heavy machinery. Last week Japan's biggest industrial manufacturer. Hitachi Ltd., landed two fat new orders from India and Formosa for $830,000 worth of hydroelectric equipment and transformers...
Foreign Policy. Ike's "peace" speech stated "only half the facts." "When [the President] pointed with satisfaction to 'the free nation of Viet Nam' he left out the fact that half of that nation . . . has been lost to the Communists. When he talked of defending Formosa . . . he must have forgotten that . . . President Truman [first] sent the Seventh Fleet to defend Formosa . . . [His] passing reference to Suez gave no hint of the awesome fact that within the past few months, Russia has gained the foothold in the Middle East she has sought for centuries...
...contrast to Japan, however, Reischauer found Korea and Formosa to be marking time rather than pushing forward. Emergency policies have been necessary up to now, and the situation seems to be stabilizing. The two regions will probably remain independent for the forseeable future, he predicts, which means the U.S. will have to continue employing a defensive-crisis type policy. But this situation adds to the feeling of stagnation in these areas...
...Formosa, much the same situation exists. Chiang Kai-Shek is also an old man and his military regime is not producing any long-range political or economic developments. Again there is a feeling of waiting