Word: formosan
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Dates: during 1960-1969
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Until 1958, printing facilities were so limited on Formosa that all the printers could do was supply enough books for Formosa's 30,000 college students and send a trickle of texts throughout Southeast Asia. But then Formosan printers began to buy efficient German offset presses and modern bookbinding equipment, partly with the help of U.S. ICA loans. With modern machines, printers' wages of only $12 a month, and cheap paper, the Formosan pirates went into mass production, soon were offering a U.S. book within three months of its publication...
Alarmed at the invasion of the domestic market, U.S. publishers prodded the State Department to protest. Previous protests against the export of Formosan copies to Asian countries hai little effect. This time the State Department hinted that mutual-security funds earmarked for Nationalist China might be pared by irate Congressmen if the pirating did not cease. The hint did not go unheeded. At week's end the Nationalist government issued a stern order forbidding the export ot reprints from Formosa...