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Word: quemoy (lookup in dictionary) (lookup stats)
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...Determinedly and rapidly deployed military-diplomatic power across thousands of miles from Lebanon to Quemoy to Berlin (see map), deterred big war and two limited wars, kept Communism locked up inside its empire...

Author: /time Magazine | Title: National Affairs: The Course of Cold War | 1/5/1959 | See Source »

...AUGUST: QUEMOY. When Red China's Mao Tse-tung conferred in Peking with Khrushchev, began bombarding the Chinese Nationalist offshore island of Quemoy, attempted in a U.S. congressional election year to scare off the U.S. with hair-raising war threats, the U.S. warned Red China that it intended to meet force with force (TIME, Dec. 29). Result: Red China backed down in a crushing loss of face, fired its army chief of staff. Year's score in Asia: Red China lost great face...

Author: /time Magazine | Title: National Affairs: The Course of Cold War | 1/5/1959 | See Source »

...confidence and the lessons of Lebanon and Quemoy, the Pentagon stepped up limited-war capability (from sixth priority to third priority, behind deterrent and retaliatory capability). But the broadening spectrum of limited power, and the growing military-diplomatic sophistication (the U.S. staff chiefs even have a planning committee for "pseudo-military" missions such as flying refugees from one country to another), still rested -as did the whole free world-under the air cover of the Strategic Air Command...

Author: /time Magazine | Title: National Affairs: The Course of Cold War | 1/5/1959 | See Source »

...Needed Lift. At year's end the U.S. had many more reasons for hope and confidence than at year's beginning under Sputnik's beep-beep. The U.S. was solid on holding Berlin, unifying Germany by free elections, strengthening NATO, defending Formosa and Quemoy, adding to deterrent power, pressing and pressing again the need for more trade and aid. The strong foundation: the health of the U.S. economy and way of life as evidenced in 1958 by recovery from recession at home (confounding a basic Marxist proposition) and by the popularity overseas of U.S. staples that ranged...

Author: /time Magazine | Title: National Affairs: The Course of Cold War | 1/5/1959 | See Source »

...wonder the Bull could flick his tail at recession. The 1958 market kept climbing, not a bit disturbed by threats of war in Lebanon and Quemoy, and bad corporate news that showed a 30.5% drop in six-month earnings. The new investors were looking at other values. As steel dropped to 47.1% of capacity in April, Bethlehem Steel, the No. 2 producer, failed by 8? to make its 60? first-quarter dividend. But Bethlehem confidently paid the dividend, and the stock climbed 5⅛ points...

Author: /time Magazine | Title: Business: Business in 1958 | 12/29/1958 | See Source »

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