Word: harbor
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Dates: during 1950-1959
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While the Helena steamed toward Pearl Harbor, the U.S. began to sense the real effects of Eisenhower's trip. By plane he dispatched his new Defense Secretary Charles Wilson and J.C.S. Chairman Omar Bradley to Pearl Harbor to preside over a series of conferences on the military aspects of the situation. By plane and helicopter he brought his new Secretary of State John Foster Dulles and his close White House advisers to join him aboard the cruiser for high-policy discussions. By the time the two task forces joined in Hawaii, they would be able to match and mesh...
...kept his feelings to himself as he flew toward Guam. At Guam, he, Wilson, Brownell and the correspondents left the planes and boarded the Navy's U.S.S. Helena, a heavy cruiser, for the trip back to Pearl Harbor. The Helena's wireless crackled, and when the cruiser hove to off Wake Island, a helicopter brought aboard Ike's Secretary of State John Foster Dulles, Treasury Secretary George Humphrey, Interior Secretary Douglas McKay, General Lucius Clay, Budget Man Joe Dodge, Emmet Hughes, campaign speechwriter who is to be on Eisenhower's White House staff...
...plans call for 1) damming of the Volta river to provide a continuous 560,000 kilowatts, 2) building smelters to extract an annual 120,000 long tons of aluminum from local bauxite, 3) building a new harbor at Tema, 20 miles east of Accra. A government commission will work out an agreement between the British and Gold Coast governments, and British and Canadian aluminum companies; after that, the British will put up $121 million. The aluminum will replace about one-third of British purchases from dollar areas...
Five days after Pearl Harbor, the SEC banned all trading in Japanese bonds and the Commissioner of Internal Revenue ruled such issues to be worthless. Many U.S. investors who held 14 issues of Japanese dollar bonds with a face value of $76 million lost hope of ever being repaid; some wrote them off as losses in tax returns. But in November 1950, SEC permitted trading to resume. Speculators drove up the prices. One issue (1930 dollar 5½%) rose from 60 on the opening day to 95½ last July...
...Last Resorts, by Cleveland Amory. An agreeably lighthearted historian applies a social stethoscope to Newport, Bar Harbor, Saratoga, Palm Beach and other aging resorts of the rich (TIME...