Word: riel
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...Secretary of State Henry Holland, U.S. Latin American affairs chief. Flying over rebel territory, the investigation commission learned enough to dispose firmly of Somoza's claim that his country had nothing to do with the invasion. They reported that "a substantial part of the [rebel] war matériel was introduced over [Costa Rica's] northern border." Figueres leaped at the logical opening: If that were so, would the O.A.S. supply Costa Rica with weapons...
...joint rejection of Russia's proposed conference. On a few items there was no accord: Dulles, for example, firmly refused to commit U.S. military equipment for European defense to an international arms control agency; for his part, Mendès could not promise that U.S. matériel would not be used in putting down the North African violence. One major item-U.S. aid for South Viet Nam-was postponed until after General Lawton Collins, the special U.S. ambassador, has reported from Saigon...
...week with a roundhouse punch at the U.S. military establishment. In a report to Defense Secretary Charles E. Wilson, the Sarnoff Commission (formal title: the Citizens Advisory Commission on Manpower Utilization in the Armed Services) recommended "an overall reduction of at least 10% in men, money and matériel . . . in the operations of the Department of Defense." Such a cut, said the commission, "can be achieved . . . without diminishing the required combat effectiveness of our armed forces," and "would mean possible savings of at least 500,000 in civilian and military manpower and $5 billion annually...
TIME, July 31: "Said Dwight D. Eisenhower, who thought the [atom] bomb might be considered for matériel targets in Korea, but not against human beings: 'We're trying to stand before the world as decent, just, fair people, not as judges to exterminate those who oppose...
...people and to the Army of South Korea it meant that there would be American planes overhead to help them; that there would be American warships, American weapons and matériel of all kinds. To them it meant that the world's most powerful nation had clearly sided with the distant, strange little republic of Korea...