Word: koreans
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Dates: during 1960-1969
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Ignoring Red China's intervention in the Korean war and Viet Nam, to say nothing about Red Chinese brutality in Tibet and on its Indian border, Zorin cried that the U.S. was responsible for "keeping China and the people of China from their rightful seat in the U.N.'' He vilified the Nationalists on Formosa as "political outcasts" and "people who represent nobody." Sneered Zorin: "Take away the American forces on Taiwan [Formosa], put an end to the U.S. occupation of the island, and the clique of Chiang Kai-shek will not stay there another day. It will...
...total number of aircraft manufactured. Its P-51 Mustang was the finest U.S. long-range fighter in World War II. And it was North American's F-86, the U.S. Air Force's first swept-wing fighter, that kept Russian MIGs from gaining mastery of the Korean skies...
Down with Durables. The Panglossians, says McMahon, can point out that three of the four U.S. recessions since World War II were due to special causes such as the post-Korean cuts in defense spending or the distorting effects of the 1959 steel strike. They can also boast that in boom and bust alike, personal spending on nondurable goods as well as local government expenditures have risen virtually continuously; yet "the U.S. has not suffered particularly severely from inflation." The Puritans, on the other hand, argue that U.S. consumer wants are sated and that the only hope of reviving demand...
With his stony expression, his dark glasses and dark civilian suits, the erect little man who flew into Washington last week sometimes looked like a bad 'un out of a foreign-intrigue movie. But Chung Hee Park, 44, the South Korean leader who normally wears the olive drab uniform of a four-star general, had little reason to smile, and he was keeping his military trappings out of sight for good purpose. His trip was aimed at winning Administration support for the military dictatorship he set up in South Korea last May with the avowed goal of rooting...
Shortly before the Korean war, a Chicago gas company injudiciously tried to raise the price of the natural gas it was selling to a power company controlled by William Wood Prince. 47, now chairman of Armour & Co. and a managing trustee of the 30-company Prince trust (TIME, March 3). Indignantly, Prince ordered his research men to find a way of bringing methane to Chicago by water transport. The result, twelve years and $50 million later: a method of shipping liquefied methane that promises to bring handsome new profits to Business Wizard Prince and to open untapped markets...