Word: yen
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Dates: during 1940-1949
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...Taiyuan has become the prime Communist objective in North China. Taiyuan, surrounded capital of Shansi Province, is the last island of resistance protecting the southern flank of Nationalist General Fu Tso-yi's North China corridor. For three years Taiyuan's commander, oldtime warlord Marshal Yen Hsi-shan, has fought off increasingly heavy Communist attacks. Last week TIME Correspondent Robert Doyle flew in to visit the marshal. Doyle cabled...
...expanse of craggy peaks with terraces stepped up the sides and brown parched river valleys. Taiyuan's danger could be seen with the naked eye. The walls of the square city hug the slope of a mountain range sprinkled with pillboxes held by the Communists. Marshal Yen's forces hold a line past the first group of hills to the west, where Taiyuan's rich coal and iron resources are mined. From positions as close as two miles from the walls the Reds can plunk artillery shells into the city and blanket two good airfields...
...Showa Denko Co., cause of Ashida's downfall, is Japan's biggest postwar producer of chemical fertilizer. It received nearly 3 billion yen in loans from the Japanese Reconstruction Finance Bank-two-thirds of the total allocation for fertilizer industry loans. In return, Showa Denko spent at least 200 million yen in bribes to government officials, politicians and financiers, and for illegal expenses...
...Pound of Cure. In Nagoya, Japan, Masaja Ryuno, president of the Nishi-Tsukiji Crime Prevention Society, was being questioned by local police on suspicion of embezzling 31,900 yen of the society's funds...
City Slicked. In Tokyo, Visitor Yone Ito lost 1,700 yen ($6) to an absconding business partner, another 8,000 yen to three "kind looking" purse snatchers who offered to help her find him, and finally her suitcase to the sympathetic stranger who showed her the way to the railroad station...