Word: ica
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Dates: during 1960-1969
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...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...