Word: koreans
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Dates: during 1960-1969
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...tight money" as an economic stabilizer, urged renewal of the Truman Administration's "easy money" policies. Credit restraint by the Republicans, charged the report, had not only failed to halt price upcreep but had also slowed the growth of the economy. Giving themselves the best of the Korean war boom, the Democrats contrasted a 4.6% yearly increase in the U.S. gross national product from 1947-53 to a sluggish 2.3% annual rate of increase since 1953. Within easy reach by Democratic reckoning: a sustained 4.5% annual growth rate...
...Comeback. Japan did not lift itself by its own sandal straps. Since the war U.S. aid has averaged $178 million a year; a serious business recession was eased by the 1950 Korean war, which poured vast sums into the Japanese economy; war reparations in kind to Southeast Asia have kept factories humming; and the very high rate of capital investment is possible since Japan spends little on armaments. But major credit belongs to the Japanese themselves. In a typically Japanese swing from one extreme to another, they shook off the apathy of defeat, and with skill, hard work and enthusiasm...
...unbeatable conservative majority (208 of the 265 Commons seats), Diefenbaker could undoubtedly ram through virtually any law he wanted, but in prosperous Canada the Prime Minister wants no drastic changes. The speech's most talk-stirring feature was what it left out: for the first time since the Korean war began, Canada's armed forces went unmentioned. Instead, Vanier read-in both English and French -of the government's hope for a "controlled disarmament" in the world, which will let the cost-conscious Diefenbaker slice into Canada's heavy ($1.7 billion in fiscal 1959) defense budget...
...fungi that infect man, animals or the soil, reported the U.S. Public Health Service's Dr. Libero Ajello, and their distribution changed radically during World War II. Species that had been confined to the Asian and Australasian tropics found new hosts in U.S. servicemen on Pacific duty, and Korean orphans carried one species to Europe. Dermatophytology (the study of fungi that infect the skin) may give a valuable assist to anthropology, Dr. Ajello suggested, because a variety prevalent in eastern Asia occurs also among Central American Indians, supporting the theory of an eastward migration to the Americas...
...School's new director held a National Scholarship and was a member of Phi Beta Kappa at Harvard after serving in the Second World War. During the Korean crisis he taught history and economics at West Point, joining the University's staff in 1956 after two years with the Ford Company...