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Word: modernizations (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...that the bogeyman that in varying degrees haunts both the U.S. and Russia is still largely a bogeyman. If Peking's current statistics are questionable, its basic economic assumptions are even more so. That cottage industry can ever play a major role in transforming China into a modern industrial state is doubtful. As Peking has begun to admit, many of the mud-brick blast furnaces are vastly wasteful of coal and are located too far from major industrial centers to be of much value. And the rosy agricultural future that Mao promises does not take into account the possibility...

Author: /time Magazine | Title: RED CHINA: The Year of the Leap | 12/1/1958 | See Source »

...which its rulers yearn. But, so far. the crucial elements of Chinese Communist power are still supplied by Russia. It was not Chinese strength but the fear of Russian involvement that ultimately led the U.S. to deny itself the means to victory in Korea. The smattering of glittering modern factories in China is also courtesy of Russia. And as Mao Tse-tung himself said almost a decade ago, so long as China must rely economically on foreign countries it will not be truly independent, far less a great power...

Author: /time Magazine | Title: RED CHINA: The Year of the Leap | 12/1/1958 | See Source »

...evening: $152,000 for an early and not especially rewarding Picasso that cost just $45,000 three years ago, was bought by Kirkeby only last year for a whopping $185,000. His loss on that canvas was more than compensated by record-breaking prices for a golden clutch of modern favorites: Modigliani, Rouault. Bonnard. Vlaminck, Signac, Morisot. Pissaro and Segonzac. The whole thing had the fever of a poker game, with the blue chips in the hands of professional gamblers...

Author: /time Magazine | Title: Art: Under the Boom | 12/1/1958 | See Source »

Satellites have copped most of the headlines as observation posts outside the earth's atmosphere. But in many ways balloons are better. They are vastly cheaper; they can be manned and recovered; and modern balloons made out of thin plastic film can lift heavy and bulky instruments above nearly all of the atmosphere...

Author: /time Magazine | Title: Science: At Air's Outer Edge | 12/1/1958 | See Source »

...Modern New Zealand geologists have another explanation. In some past age a strip of land 120 miles long and up to 30 miles wide sank below the surrounding land and got cracked up in the process. The trench was later filled partially with silt and volcanic debris, but the cracks did not heal. They still lead down toward molten rock perhaps 30,000 ft. below the surface...

Author: /time Magazine | Title: Science: Steam of the Fire Goddess | 12/1/1958 | See Source »

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