Word: war
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Dates: during 1940-1949
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...great trading nations, had supported itself from markets around the world; its best customers were the U.S., China and India. By ruthless seizure it was the master of fabulously wealthy Manchuria, the chief prize in the treasurehouse of the "greater East Asia Co-Prosperity Sphere." When the war ended, the great trading empire was shattered. Gone also were four-fifths of the Japanese merchant ships that had carried her trade. Eighty-one million people (increasing at the rate of about one million a year) were bottled up on the overcrowded islands of Japan in a space hardly capable of supporting...
...good part of SCAP's first two years was spent in demilitarization and the purge of war-guilty officials. The trusts of the Zaibatsu, big family combines, were broken up. SCAP, however, had nothing to substitute for the old Japanese way of doing business. The Zaibatsu unquestionably carried a heavy share of Japanese war guilt. But instead of punishing individuals for individual offenses, the U.S. economic policy in effect punished the entire Japanese nation because the effect of it was to forestall such limited economic recovery as was still possible. The 1945 basic U.S. occupation directive to MacArthur...
...late Manuel Quezon, first President of the Philippines, she had long led a quiet, austere life devoted to charities and the rearing of her family. When the President died, she turned down the pension awarded her by the government, so that the money might be used for needier war widows and orphans. Even the Communist-led Hukbalahaps, who spread terror through the hills of Central Luzon, could find no word to say against Doña Aurora...
Latin American military attachés in Washington were down in the dumps last week. After all the fine talk since war's end about U.S. arms for the Americas, the news had leaked out that the Truman Administration's arms program would leave the Good Neighbors out in the cold...
Latino arsenals would get no more than the surplus material, originally worth $112,200,000, which the U.S. Army had rationed out to them at knockdown prices as low as 10? on the dollar after World War II. Of the total, the biggest amount ($20.3 million worth) went to Mexico, followed by Chile ($19.9 million), Brazil ($19.5 million) and Cuba ($15.6 million). Argentina got only $5.7 million...