Word: ports
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Dates: during 1950-1959
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...born in Kharkov (1899), the son of a well-to-do Russian author, began to doodle with grotesque and weird creatures as a schoolboy. He had. just entered law school-to round out his education-when the Communist revolution caught up with him. Escaping to a Black Sea port, he signed on a ship that he thought was bound for Ceylon, but ended up in New York with 14? worth of Turkish money in his pocket, spent his 20th birthday on Ellis Island...
...payments in hwan to Korean employees of the U.N. forces (a more than $1,500,000-a-month payroll). Moreover, the U.S. refused to allot any more oil to South Korea unless it was paid for at 310 to $1. When Rhee balked at this, fishing boats stayed in port, buses ground to a halt, some 300 factories closed down for lack of fuel, and seven desperate Koreans, trying to tap a U.S. pipeline for gasoline, were killed in an explosion. Still stubborn old Syngman Rhee stood fast. A fortnight ago the U.S. Army began paying its 100,000 Korean...
...Japan, urged the Japanese to "liberate" themselves from the U.S. Significantly, the accords totally transformed the status of Japan in Communist eyes. Before, Japan had been portrayed as an "aggressive threat and tool" of the American imperialists, and used as a pretext for the need for Russian troops in Port Arthur. In the accords. Japan was transformed to a "victim" of U.S. occupation...
Equality? In military terms, the agreement had little meaning: after next May 31 the Russians would still enjoy "joint use" of the Port Arthur base with their good friends of Red China. In any event, the Russians had the use of a second ice-free port at Dairen, a handy 25 miles up the Liao Tung peninsula from Pert Arthur. But the agreements let Peking spread the impression that it had been able to force the Russians to withdraw...
...coffee trading and thereby causing prices to rise out of all proportion to supply and demand. As it had before (TIME, Aug. 9), FTC hit hard at the exchange's "restrictive" contract, which permits trading only in "Santos 4" coffee, an average grade shipped from Brazil's port of Santos and accounting for 10% of U.S. consumption (2.78 billion Ibs. last year). FTC suggested that the exchange "cease and desist" from the narrow-futures trading that prevents coffee prices "from being an adequate reflection of supply and demand.". Said FTC: "There is a direct relationship existing between...