Word: prewar
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Small-Power Success. Burma is still a land of violence, compounded now by some of the inevitable parasites of Socialism: graft, bureaucratic confusion, the arrogance of petty officials. Yet by its own measurable standards and in its own context, Burma is doing well. U Nu has dropped the prewar title, "Thakin." considering that the Burmese are now masters in their house (U means roughly "Respected Sir," or "Uncle...
Invasion. Prouvost made his mark in publishing the easy way. A wealthy wool producer, he bought a small daily in 1924, later bought another, Paris-Soir. By setting his editorial sights low, he pushed circulation high, made Paris-Soir the biggest (circ. 2,000,000) newspaper in prewar France. He branched out into magazines, brought out Marie-Claire, and in 1938, on the heels of LIFE's success in the U.S., converted a struggling sports magazine, Match, into a thriving picture weekly. Prouvost went into politics with less success, was Minister of Information in the Reynaud government...
...production in the face of shortages and inflation, was due to go out within two years after President Truman declared war's end in 1946. But farm-bloc Congressmen of both parties found that 90% was the sweetest manna in the political crib. Democrats conveniently forgot that in prewar 1938, Congress set the basic-crop price-support floor at only 52%; retrospectively, they sold 90% supports as a New Deal measure. Every two years, Congress extended the 90% supports, and farm surpluses piled up in Government storage houses. Example:the U.S. owns 764 million bushels of wheat, 100 million...
...lost her empire in the war, she got rice from Korea, wheat from Manchuria. Now she must import $400 million in food annually to feed her people. Her own rice crop last year was the poorest in 60 years. She has no coking coal of her own; her prewar source of supply, the Chinese mainland, is now shut off. So she imports this coal from the U.S. and elsewhere, at $11 to $17 a ton. She has similar trouble with salt, a staple of her chemical industry, on which the shipping costs alone are $12 a ton. Some...
...directors held their first postwar meeting in a bomb-battered building. Since the surrender of 1945, Germans have been forbidden to own or operate aircraft, but the ban will soon be lifted. Lufthansa's aircraft (four U.S. Convairs and four Constellations) are due for early delivery, its prewar chief of operations is back as manager, and the pilots are in harness again. Buttressed by government subsidies, Lufthansa's aircraft will soon be taking off again for European capitals, which last saw German planes through the smoke of antiaircraft fire. By 1955, they will be crossing the North Atlantic...