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...solution, says Knox, is to make the poorhouses richer by selling them what they most need: U.S. know-how. Last week, as a starter in his new job, Knox made just such a deal with China, one of the poorest of the world's poorhouses...

Author: /time Magazine | Title: FOREIGN TRADE: Know-How for Sale | 8/19/1946 | See Source »

Without the $620 million the U.S. has promised the Philippines for war damages, reparations, public works and the purchase of U.S. surplus property, the newest and poorest nation on earth could never hope to outlive its first free month. Without the Bell Act, which the U.S. Congress passed April 30, it could probably not last a year. This act gives the Philippines eight years of free trade with the U.S., then 20 years during which tariffs will be upped gradually until they are in line with the rest of U.S. tariff policy. It will be a mighty crutch...

Author: /time Magazine | Title: THE PHILIPPINES: Destiny's Child | 7/8/1946 | See Source »

...weaving rooms among many idle looms.) There is the big grey stone house, built by Grandfather Clegg, now too big for Cuthbert to staff with servants. There are the bright new cottages (Cuthbert now lives in one) built for textile workers who, before the war, were among the poorest paid of England's workers. And there are new, low, grey stone weaving sheds, built in the last decade, where Clegg hopes to install new highspeed weaving looms before year...

Author: /time Magazine | Title: Foreign News: Pattern in Cotton | 6/24/1946 | See Source »

...Poorest State. The British Raj had given India a unified defense and a unified region of internal free trade. Jinnah would destroy both. His Pakistan, in northwest and northeast India, would be an agricultural state, poor in resources and industry, unless, improbably, the Hindus agreed to turn Hindu Calcutta over to Pakistan. Between mighty Russia to the north and the main body of India to the south, Pakistan would dangle like two withered arms. Only half the population of the area claimed for Pakistan is Moslem. None could claim that to split India in twain would solve the minority problem...

Author: /time Magazine | Title: INDIA: Long Shadow | 4/22/1946 | See Source »

...warnings that a separate Pakistan would be poor and backward, Jinnah answers: "Why are the Hindus worrying so much about us? Let us stew in our own juice if we are willing. . . . [The Hindus] would be getting rid of the poorest parts of India, so they ought to be glad. The economy would take care of itself in time...

Author: /time Magazine | Title: INDIA: Long Shadow | 4/22/1946 | See Source »

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