Word: formosae
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...Pescadores are a group of rocky, storm-swept, almost treeless islands lying in Formosa Strait, about 30 miles west of the Formosa coast. China got them back from Japan (along with Formosa) after World War II; the Nationalists hold them now. Of the 64 islands in the Pescadores, only 21 are inhabited; the total area is only about 50 square miles...
...press-conference question about open Chinese Communist threats to "liberate" Formosa (TIME, Aug. 23) drew from President Eisenhower last week the slow-spoken comment that if the Reds tried to invade the Nationalist island, they would have to "run over" the U.S. Seventh Fleet...
...turned first to diplomacy. He eased the Karen rebellion by appointing Karen leaders to his Cabinet, by promising the Karens an autonomous state within the Union of Burma. He eased the Chinese Nationalist crisis through the U.N.; the U.S. recently flew out more than half of the Nationalists to Formosa, and the rest are considered leaderless and confinable. U Nu persistently offered the Communists their lives and a course in democracy if they would turn in their arms and surrender...
...seven British newsmen who had followed the Socialists out from England got few chances to share in these festivities. They seized the opportunity to look around at Peking's wonders: the omnipresent soldiers, fully armed with submachine guns and even hand grenades ("In case of an invasion from Formosa," said one Chinese official); the naked children, their bellies round with starvation, sitting apathetically in the city's gutters. Meanwhile, well out of the newsmen's hearing, Attlee and his fellow travelers talked long and earnestly with Premier Chou En-lai and his henchmen of the possibility...
...sent 4%. So far the bright bubble of trade with Communists has always exploded in the face of him who blows it: the Japanese have already been swindled in several coal and ship deals with Russia and China. Moreover, the Japanese are doing a really thriving trade with Formosa-$123 million last year-which they might lose if they flirted too earnestly with the Reds. And finally, despite openly voiced misgivings about Western defeats in Asia, the Japanese know that the colossus across the Yellow Sea is their enemy, and that they need the colossus across the Pacific...