Word: koreans
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Dates: during 1960-1969
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...been oversold and there were bargains to be had. Another reason, as the week went on, were encouraging words from Washington about one of Wall Street's nagging worries. The Street has feared for some time that Viet Nam might bring on wage and price controls, as the Korean War did, which would dampen profits and decrease stock values. But last week Commerce Secretary John T. Connor told a Washington conference that there was "no indication now" of controls being necessary. Administration Economics Adviser Arthur M. Okun put it more strongly. Said he of the Korean-style control system...
...good, but Cronkite was dubious. "News is a newspaper's business," he bluntly told KMBC, "and it isn't radio's business." He finally accepted, though, at double his U.P. salary, which, after ten years, was still only $125 a week. When the Korean war broke out, he was hired by CBS and made an impromptu TV debut giving a lecture on the war, complete with chalk and blackboard. He was such a hit that against his better judgment he was soon shifted to television news. "It was a time," he says, "when no self-respecting newsman...
...Korean Model. The 20-member bloc of officers elected as delegates was being courted by such civilians as Publisher-Physician Dang Van Sung, 51, who hopes to drive a wedge between Premier Nguyen Cao Ky and his uniformed delegates. "They want to be civilians," said Sung of the military Assemblymen. "That's why they ran." In the headquarters of the ruling directorate of generals, five separate constitutional drafts were circulating; and the generals themselves were busy choosing sides for the presidential power struggle that lies ahead once a constitution is written. Ky and his chief of state Thieu were...
Less Than Korea? The cost of Viet Nam may seem small in relation to the overall economy: total defense spending amounts to only 8% of the gross national product, less than the average ratio during the 1950s and little more than half the Korean war peak of 14½%. Yet, unlike the Korea war, which hit when the U.S. still had plenty of production slack and more than 5% unemployment, the Viet Nam war is an added burden on a substantially full-employment, full-production economy that has been expanding for 51 years...
...draft has not interfered with the University much this Fall. Though the draft quota for October soared to a Korean-War level of over 45,000 and the quota for November will be near 40,000, almost no one in the College or graduate schools has been affected. A few students have been forced to curtail leaves of absence but "There has been no increase in pressure," says Dean Monro, "and if there had been, I think I wold have heard...