Word: koreans
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Dates: during 1950-1959
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...Ellard A. Walsh also took another swipe at Secretary of Defense Wilson for having said that during the Korean War the Guard was a sort of "draft-dodging" haven...
...support the Administration's new program requiring six months' active-duty training for all National Guard recruits after April 1. Though he applied none of the frankness of Defense Secretary Charles E. Wilson, who had allowed that the Guard was a draft-dodging business during the Korean war (TIME, Feb. 11), Paratrooper Taylor nevertheless politely cited evidence to prove the point that Engine Charlie was trying to make when he stirred up the hornets: the National Guard is not as good as it ought...
...echoing uproar. But he seemed to feel no need for defenders. Good-naturedly but firmly, he held his ground, conceding only that his language was "a little tough" and that he never meant to cast "any reflection on the individual young men who joined the National Guard during the Korean conflict." He kept right on plugging the six-months-training directive, pointing out that "more than 80% of the National Guard today has had no prior military training...
When Green River Steel was conceived at the start of the Korean war, it seemed to Kentuckians a bright idea. The Louisville area was loaded with surplus scrap that could be used to make steel. In the awakening Ohio Valley there were plenty of potential customers. With an $8,500,000 loan from the Government and the rest from private sources. Green River's $13 million plant rose near Owensboro, one of the few new U.S. steel companies in decades...
...grocers refused credit to his own family, Frank Rackley slowly amassed community support that helped swing a $1,000,000 Reconstruction Finance Corp. loan in 1950. With the loan for working capital, Rackley was in business. He became one of the youngest steel presidents in the industry. With heavy Korean-war orders to help, Jessop Steel netted $400,000 in 1951, $1,800,000 in 1952. Though earnings fell to $25,000 in 1954, Jessop came back handily through the rest of the post-Korean years. "We didn't take our foot off the pedal," says Rackley. "We kept...