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...Finally the Chinese launched a full-scale counterattack. The Americans threw it back, then withdrew. By that time the battle for the dam had become academic. The Chinese had already wasted much of the reservoir water; if they had been able to blow the dam (they may have lacked know-how or explosives), they would almost certainly have done so earlier...

Author: /time Magazine | Title: BATTLE OF KOREA: On the Camel's Head | 4/23/1951 | See Source »

...Uncle Sam is strong in peace and war simply because of his abundant natural resources, coupled with industrial know-how. Therefore, wise use of our soil and water resources is a "must." Yet our productive topsoil that feeds half the. world is eroding away. Clear water streams that industries need for production are clouded with pollution and silt. Water that is needed for food production is lost in floods . . . We continue to cut more trees for lumber than we plant. In other words, the nation's most valuable strength is ebbing away-and needlessly, because most of these resources...

Author: /time Magazine | Title: Letters, Apr. 9, 1951 | 4/9/1951 | See Source »

...fact, Iran just does not have the know-how to operate Anglo-Iranian's holdings, which include the world's biggest refinery. Last week's Majlis resolution contained a clause inviting foreign experts to help in nationalization. The experts could scarcely be British or American. If Iran (improbably) turned to Russia for such aid, it would fall victim of a far harsher imperialism than the British ever imposed...

Author: /time Magazine | Title: IRAN: Whose Ox Is Nationalized? | 3/26/1951 | See Source »

...slightly ahead of World War II. The potential labor force was 66 million v. World War II's peak of 65 million. But the difference was more than in quantity. It was also in quality. The U.S. had an immense, immeasurable reserve in war production know-how stored in the heads and hands of millions of workers and thousands of vigorous, tough-minded executives who had learned the production tricks during World...

Author: /time Magazine | Title: Business: Giant into Armor | 1/8/1951 | See Source »

...climb. By 1950, it stood 57% above 1940, as measured in "real" dollars, corrected for inflation. Reasoned Johnson: "We proved during World War II that we had a productive ability far beyond what had been believed possible. This productive ability is even greater now because of improved facilities and know...

Author: /time Magazine | Title: Ceiling Unlimited | 11/27/1950 | See Source »

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