Word: hsinhua
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Dates: during 1955-1955
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...farm collectivization (TIME, Dec. 5). The second speech, made six weeks ago, was called "Socialist Transformation of Private Industry and Commerce." It still has not been made public, but its tenor can be judged by a sudden spate of propaganda on the evils of free enterprise. Nanking's Hsinhua Daily took aim at the "lawless bourgeoisie" for using "sugarcoated bullets" in its "attack against the working class." Apparently the remaining shop owners, who are forbidden to close up their businesses while the government exacts a confiscatory tax on all their sales, are guilty of all manner of capitalistic vices...