Word: formosae
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...most important of the island's defenses is the air force. On the airfields which dot Formosa's western coast, some 300 operable aircraft-fighters, bombers, transports-are ready to fly. But most military observers doubt that the air force can remain in operational condition longer than six months without U.S. spare parts and technical advisers...
Signs of Maturity. Protected by the 100-mile-wide Strait of Formosa, separating them from the Communists on the mainland, the Nationalists seem to have a good chance of successfully defending their island redoubt against an assault-providing Formosa's native population does not rise against them. While General Sun is licking Formosa's military defenses into shape, Governor Wu is busy trying to win the loyalty of Formosa's 6,500,000 people, most of whom dislike the Chinese, Nationalist or Communist. To win friends among Formosa's hard-working peasants, Wu is pressing...
Gradually, the reforms born of Nationalist China's last desperate stand were showing signs of maturity. From Formosa's verdant plains and lushly terraced mountains, farmers had reaped their biggest harvest since the war. Lightning raids by government police were keeping currency black-marketeers in check...
...Formosa's modern, Japanese-built power plants, badly battered by U.S. wartime bombing and in dire need of spare parts and trained personnel, are doing their best to supply the island's rich and potentially profitable industries (sugar, aluminum, cement and coal). But Formosa's industries are painfully short of capital. Many Formosan businessmen blame many of their financial troubles on SCAP, whose red-taped regulations prevent virtually all trade between Japan and Formosa...
Intelligent Formosans still fear that China's badly shaken Nationalist leaders may fail or collapse; they nevertheless see a chance of fairly sound government for Formosa in the months ahead...