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Strongest Ever. How would the nation take its new tax load? In his midyear economic report, which was completely rewritten after the Korean attack, Harry Truman reported confidently that the economy "is stronger for whatever tasks lie ahead" than ever before. The world's mightiest economy was producing goods and services at the prodigious rate of $267 billion a year-an alltime high and (measured in a new term called "constant dollars," i.e., 1949 dollars) some $107 billion higher than 1939. Employment was at a peak of 61.5 million. Productivity of U.S. labor had risen nearly 32% since...

Author: /time Magazine | Title: THE PRESIDENCY: The Gradual Way | 8/7/1950 | See Source »

...policy." But Harry's longshoremen would have none of him. They shouted and booed him, then roared overwhelming approval of a resolution which said: "We go on record without any doubletalk that we will support our Government and our President 100% in this great crisis and we will load any and all cargoes destined for the war area...

Author: /time Magazine | Title: LABOR: Without Any Doubletalk | 7/31/1950 | See Source »

After two days in port, the Juneau went on the prowl again. I was aboard when she left the harbor, riding low in the water from the heaviest load of ammunition she had ever carried. As we put off, a 40-man U.S. Marine guard in knife-edge khaki stood at ramrod attention as the Juneau's band blared a salute. Then, as the sun slowly set into purple clouds and dark green mountains, the ship seemed to relax. A cool evening breeze played across her bow and she headed back for "The Little Slot...

Author: /time Magazine | Title: Last Train from Vladivostok | 7/24/1950 | See Source »

...Driving back, I noticed a Korean peasant lying beside the road. The dried blood which caked his injured head and chest and a smashed arm suggested he must have been there for hours. No one had time to stop for him. His ox-load of refugee baggage waited patiently. Only the foreigners' influence persuaded a Korean ambulance truck to pause and haul the dying man aboard...

Author: /time Magazine | Title: BATTLE OF KOREA: Down the Peninsula | 7/17/1950 | See Source »

...climb is encumbered with a heavy load of symbolism. The mountain itself symbolizes Life, and each member of the climbing party is tagged with a different nationality and a different motive for climbing, i.e., for living. The climbers: a warmhearted Italian girl (Valli), a war-weary American (Glenn Ford), an unreconstructed Nazi (Lloyd Bridges), a decadent Frenchman (Claude Rains), a philosophical Englishman (Sir Cedric Hardwicke), a dutiful Swiss (Oscar Homolka). Before the peak comes into sight, they revert pretty much to national typecasting, and the plot maneuvers them to illustrate some simple homilies (e.g., Love conquers all; United we stand...

Author: /time Magazine | Title: Cinema: The New Pictures, Jul. 17, 1950 | 7/17/1950 | See Source »

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