Word: koreans
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Dates: during 1950-1959
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...Director Anthony Mann and his camera tell a modest story of the Korean war with an intimate intensity that makes every theater seat feel like a foxhole"; with Robert Ryan and Aldo Ray (TIME, April...
...economic difficulties compounded by the Suez invasion. In an attempt to lower taxes, the government plans to halve military manpower by 1960 and eliminate the draft by withdrawing troops from Libya, Korea, and Germany in particular. The government views its present program, undertaken in 1950 under the pressure of Korean conflict, as ill-adapted to the present need for long-range planning. Prime Minister Macmillan argues, further, that an economically burdened England could never be the defensive force the free world expects; hence he asserts "more punch for the pound" through powerful deterrents is the British answer to economic...
Searching for increased revenues during the Korean war, Congress raised the maximum corporate income-tax rate to 52%, also boosted excise taxes on automobiles, whisky and cigarettes. Three times since then, the increases have been scheduled to die automatically unless renewed, on each occasion have been extended another year. Last week, accepting Ike's word that all of the $3 billion brought in by the higher tax rates is already earmarked in the President's budget, members by voice-vote overwhelmingly decided to keep them still another year, sent the measure to the Senate, where there is only...
...thence to New Understanding, the passion pulps themselves are making a heap of tin out of sin. In the last ten years, while the magazine ranks have been riddled by casualties, only two confessional slicks have gone under. Though their combined circulation has fallen to only half the Korean war peak, the fall-off has stopped and today the 24 monthly and quarterly romance-mongers (top price: 25?) enjoy a steady circulation of more than 10 million. In the 38 years since the late Muscleman Bernarr ("Body Love") Macfadden blazed the trail with True Story, the confession industry has thrived...
...rate permitted. The volume of appraisal requests to the VA is 57% below two years ago-even though the demand is still huge. In its twelve years of mortgage operation, the VA has guaranteed building loans for more than 5,000,000 veterans of World War II and the Korean war, and there are still 15 million veterans who have not made use of VA loans. "There hasn't been any drop in basic demand for new houses," says George C. Smith, vice president of the F. W. Dodge Corp. "There is evidence that the reverse is true...