Word: perils
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...year ago, President Eisenhower momentarily diverted attention from the peril of the atom with his "Atoms for Peace" speech before the United Nations. His proposals for an international agency to aid in the development of atomic energy for peaceful use set off an immediate wave of popular enthusiasm throughout the world...
Anti-Japanese feeling dies hard in Australia. Last week, a decade after Tojo's men were driven out of islands adjacent to the southern continent, Australians were excited anew about the "Yellow Peril." Into Rabaul Harbor came a Japanese pearling ship, its crew battened below decks, its captain a captive of Australian Planter Ray Stacey, who, with the aid of native islanders, had seized the vessel at the Feni Islands, 80 miles to the southeast. Australia accused the Japanese of violating immigration laws, but the real charge was poaching pearl shell beds in waters which the Australians insist they...
GERMANY is not a peril in itself. But should she turn to the East, we are lost. For, although there is widespread resentment in Germany over the treatment Russians have inflicted upon deported populations, it is Russia which holds in its hands all that Germany wants : its reunification first, which neither President Eisenhower, nor Sir Winston Churchill, nor M. Mendès-France can give her. One word from the Kremlin, however, could. Germany needs to export towards Eastern Europe, towards Russia, towards China. What would she not do to secure these markets? And even this...
Opportunity in Asia? Meanwhile, Asia had not congealed. The political turbulence from Tokyo to the Red Sea represented grave peril to the U.S. It also represented opportunity...
...Japan, a sovereign nation, is poor, almost broke, worried, and professedly ready to reform. Her usable foreign exchange stands at $640 million, down from $800 million last December. Economists say that the "peril point" is $500 million. Below that figure, the effect will be like that of failure rumors on an uninsured bank...