Word: kaies
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With the fall of Mukden the Chinese Communists have completed their conquest of Manchuria. North China as far south as the Yangtze is in danger of falling under their control. On the economic side, Chiang Kai-shek's government has removed price controls and with them has vanished all hope for its economic reforms. The resulting inflation is destroying the newly-issued money for which the middle class was forced to sacrifice its holdings of gold and foreign currency. With the Republican defeat in the U.S. election discouraging Knomintang expectations for increased military aid, the Nationalist Cabinet has resigned...
...months ago the U.S. had declared its intention of giving Chiang Kai-shek military aid. Congress, forcing a reluctant State Department to include China in the EGA program,, authorized $275 million in economic aid and added $125 million for military supplies...
...only a little more than $2,000,000 in military supplies has trickled into Chiang Kai-shek's military depots. From May to October, Chinese procurement agents trotted fruitlessly around Washington. There was haggling over prices. Chiang Kai-shek sent a personal appeal to President Truman to hurry things up. But not until last week did the Chinese finally get some definite answers. Forty percent of the top priority items on their shopping lists, they were told, would be shipped from West Coast ports in early December; 60% would be ready to ship in January...
...exception to the Nationalist strategy of evacuation was Mukden (see map), site of the best arsenal in all China. Twice in the last fortnight Generalissimo Chiang Kai-shek had flown north to confer with General Wei Li-huang, Mukden's commander, and stir him to a more active defense. As the garrison from starving Changchun hacked southward to join the Mukden forces, Wei's columns drove down to retake the port of Yingkow, reopening Mukden to direct sea supply. More of Wei's troops thrust west to relieve Chinhsien...
This week, as another autumn moon lit up the traditional festival, Generalissimo Chiang Kai-shek summoned his countrymen to rise against another kind of Tartar in the national household. "We should understand," he cried in a broadcast to the people, "that in addition to the treacherous rebels who are rampant today, speculation, manipulation and high living to the point of lasciviousness on the part of social parasites in our midst are also to blame for our crisis ... It is my intention to wash away these social dregs by opening the floodgates of public conscience and social justice...