Word: rearmaments
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Dates: during 1950-1959
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...Truman Administration abandoned World War II price and wage controls in November 1946, some people predicted $1-a-loaf bread. Franklin D. Roosevelt Jr. predicted $20-a-pair nylons. Decontrol in 1953 brought forth no such hysterical forebodings, but it was actually a bolder step, because the pressure of rearmament and the Korean war have replaced the 1946 illusion that permanent peace was about to prevail. Although pressure for continued controls was strong, Eisenhower acted on his campaign statement that Government control of prices was not the only or the best way to fight inflation...
...Insult. Fortnight ago their chance came. Yoshida was under attack in the press for following a foreign policy "subservient" to that of the U.S. Socialists accused him of rearming Japan before Japan can afford rearmament; rightists warned that he is not rearming Japan fast enough to meet the Communist threat. (Hatoyama favors direct rearmament, wants to remove the disarmament pledge which MacArthur put into the Japanese constitution; Yoshida prefers the subterfuge of a national police force...
...excellent evaluation of the meaning and outcome of the Austrian election, but it contains an error as to why the elections were brought about. You state that "the election became necessary when the Socialists bolted [Chancellor] Figl's coalition because they felt that they could not accept rearmament at the expense of their social-welfare program." As TIME has often pointed out, there can be no rearmament in Austria, which has been occupied by American, British, French and Russian troops for more than seven years. The government crisis of last October originated in dissensions over the budget between...
...hardly slur the Germans, who insist they will never attack anyway. As the Administration has linked America's fate with that of Europe, this French guarantee would entail no major change of policy. By taking this step Dulles could save EDC from months of internal wrangling and place European rearmament one step nearer completion...
...election became necessary when the Socialists bolted Figl's coalition because they felt they could not accept rearmament at the expense of their social welfare program...