Word: ransoms
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Dates: during 1950-1959
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...swallowed its pride and paid the kidnaper's price. The nation suffered a sense of angry shame and outraged honor. But there seemed to be no other course. President Harry Truman, boarding his plane for Christmas in Independence, was asked whether the U.S. intended to pay the ransom. Somberly, he countered: "What...
There seemed to be no constructive answers. Diplomatic and economic sanctions, vigorously applied, might still force Russia's outlaws to forswear their barefaced ransom racket, but the immediate problem was to liberate the men ignominiously held by Hungary. And so the U.S. paid, got its people back, and wondered what to do next...
...Hungarians added their final gesture. Even before the U.S. could wind up to fire another note of protest, a military court in Budapest this week handed down its decision: the four airmen had been tried, found guilty, fined $30,000 each or three months in jail. Hungary's ransom ring, which had made a lucrative haul in goods for the release of Businessman Robert Vogeler, was down to a simpler racket-a barefaced pursuit of hard cash...
...more futile payments, the Treasury Department is now enforcing a 1950 regulation under the Trading with the Enemy Act, which makes remittances to Red China illegal. After this anyone who sends ransom money to the Communists is liable to a $10,000 fine and ten years in prison...
...intentions" and held them. Hungary ignored two State Department notes demanding the release of the flyers and the plane. Apparently the next step is blackmail: within a day or two of the plane's landing, Hungary blandly sent word that it is now dissatisfied with the multimillion-dollar ransom which the U.S. paid to Hungary to free Businessman Robert Vogeler...