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Died. H. H. (for Hsiang-hsi) Kung, 86, Nationalist Chinese banker politician who became brother-in-law to Ge eralissimo Chiang Kai-shek when he married into the powerful Soong banking family, as Finance Minister from 1933 to 1945 introduced the boon of standardized paper currency, but during his premiership (1939-45) was helpless against the war-wrought inflation that left China sliding toward bankruptcy, after which he was eased into honorary jobs and retirement in the U.S.; of heart disease; in Manhattan...

Author: /time Magazine | Title: Milestones: Aug. 25, 1967 | 8/25/1967 | See Source »

...said: "The family is higher in Russia than in the United States, and God, looking down from heaven, may be more pleased with Russia than with us"?3 Or, in 1947, after an inspection tour of China: "The Chiang Kai-shek government cannot put down an insurrection against a government which is falsely called a Communist insurrection. Although Communist-backed, it is still a bonafide insurrection against a government which is little more than an agency of the Soong family"? 4 Of Mussolini, in 1935: "So great a man ... so wise a ruler"? 5 Of Richard Nixon, after...

Author: /time Magazine | Title: Books: Famous First & Last Words | 5/26/1967 | See Source »

...bastion is formidable. Isolated by a bordering ring of mountains and agriculturally self-sufficient, Szechwan has a long tradition of rebellion against central governments. It has often proved a handy retreat for Chinese rulers in trouble, from the Emperor Ming of the 8th century to Chiang Kai-shek in the 1930s. So independent are the Szechwanese, that, as one Chinese proverb has it, "in Szechwan the dogs even bark...

Author: /time Magazine | Title: Red China: Liberate the Southwest! | 5/19/1967 | See Source »

8.Use some foreigners against others, to secure Chinese ends. Thus Chiang Kai-shek has cultivated American supporters of his own military doctrine, and by putting one third of his forces on Quemoy, with American help, he has made the defense of Quemoy probably necessary to the defense of Taiwan. Meanwhile Mao Tse-tung has found a staunch ally against Moscow in the state of Albania...

Author: NO WRITER ATTRIBUTED | Title: How to Dupe Foreigners,Chinese Style | 4/21/1967 | See Source »

...have to be suspended as a precondition to the truce. For another, they noted that any such truce could become a trap. They recalled in particular how the Chinese Communists, routed in the battle of Szepingkai in 1946 and on the brink of losing all of Manchuria to Chiang Kai-shek's Nationalists, pressured U.S. mediators into calling for a standstill, then used the precious time to regroup. The Chinese later exploited the Korean peace talks at Panmunjom, which dragged on for two years at the cost of 80,000 American casualties...

Author: /time Magazine | Title: Nation: Help from the Hyperhawks | 4/7/1967 | See Source »

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