Word: chiangs
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...TIME'S correspondents in Saigon, the public apprehension and spidery, semisecret political maneuvering that followed President Thieu's resignation last week had a certain grim familiarity. To Roy Rowan, the scene was eerily reminiscent of Shanghai in 1949 during the collapse of the Chiang Kai-shek regime which he covered for LIFE. "The same gnawing fear that gripped Shanghai has taken hold in Saigon," Rowan cabled last week. "You saw the same scenes: inflation requiring shopping bags full of paper money, wailing police sirens, and the endless debate among correspondents about whether to stay or leave...
...death of Chiang Kaishek, what a pity that TIME has no correspondent with a tape recorder in the next world...
...other areas, though, he has proved to be a more flexible and perhaps even more popular leader than the iron-willed, authoritarian Chiang Kaishek. He has diffused the force of a Taiwanese independence movement by encouraging native islanders, who make up 85% of Taiwan's population of 16 million, to join both the ruling Kuomintang (Nationalist Party) and the government...
Real Power. Few people in Taiwan expected Chiang's passing to have much effect on the country's future. Real power had already been given to the Generalissimo's eldest son, Chiang Ching-kuo, 65, who became Premier three years ago (Vice President C.K. Yen, who succeeds Chiang Kai-shek as President, is expected to be little more than a figurehead). Chiang Ching-kuo is unlikely to change his father's adamant refusal to negotiate any land of political settlement with the Communists in Peking...
...Chiang Ching-kuo, as a former director of the secret police, has not exactly turned the island into the bastion of freedom that the Kuomintang claims it is. There are more than 1,000 political prisoners, the press is closely supervised, and foreign books and magazines reporting favorably on the People's Republic are censored. But Chiang has managed to maintain a level of economic growth that has given Taiwan the highest standard of living in East Asia after Japan. The prosperity of the native Taiwanese business class, moreover, has helped to reduce their resentment of mainlander rule...