Word: nationalizing
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Dates: during 1950-1959
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...picture of Asians kicking Asians around is not a prospect that pleases," declared the Times of Indonesia. In Rangoon the Nation bluntly declared that this was "no time for neutrality," urged the Burmese government to reconsider "seriously" its foreign policy. Even the high panjandrum of Asian neutralism, India's Nehru, showed signs of distress-and the Indian public showed far more. "Mr. Nehru's India," declared London's Economist, "may be emerging from the age of innocence. In later years, the Republic of India may look back upon this month as its moment of truth...
What was surprising was that, despite these handicaps, Nepal ran smoother elections than many a more advanced nation. More than half the 109 Parliament seats went to the Nepali Congress Party. Communists got only a handful as did the party of Nepal's most colorful politician, anti-American K. I. Singh. Under Nepali Congress Party Leader (and prospective Premier) B. P. Koirala, Nepal will probably keep to the same course it pursued under King Mahendra, who ordered the elections (and will continue to reign as a constitutional monarch). Major difference is that now Nepal's rulers...
...Protest. Had he chosen, Franco could have made at least one valid boast. From the political doghouse to which it was banished along with Franco's erstwhile friends, the Nazis and Fascists, Spain is step by step returning to the community of nations. Franco's anti-Communism and his nation's strategic peninsular location have brought him an alliance with...
...mountain 28 miles northwest of Madrid last week assembled the flower of Franco Spain-Cabinet ministers, generals, admirals, all of the nation's four cardinals, 37 of its bishops, six mitered abbots, and the Papal Nuncio. Occasion for this august gathering: the dedication of the Valley of the Fallen, the striking $12 million monument to Spain's Civil War dead that workmen have been hewing out of solid rock since 1941 (TIME color, Jan. 26). By no coincidence, it was also the anniversary of the day in 1939 when the last pockets of Republican resistance collapsed in Madrid...
...Although party propagandists were still extolling the miracles of production that had been achieved during Red China's "great leap forward" in 1958, the harsh fact before Mao and his colleagues was that the great leap forward had actually brought China close to economic chaos. By concentrating the nation's economic resources on a series of "shock programs" -above all, the great campaign to produce pig iron and steel in homemade blast furnaces-the Communists had created labor shortages in agriculture and industry, had so snarled China's inadequate transportation network that shipments of food and vital...