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...fact that the U.S. economy, which had tripled in size since it was formally pronounced "mature" by New Deal hare-braintrusters in 1936, was still capable of gigantic growth. No one thought that it could grow big enough-or fast enough-in the next few years to pour out civilian goods at 1950's rate and also rearm the nation. But most economists and businessmen knew that, barring the sudden arrival of all-out war, it could grow fast enough to keep the standard of living close to the present level and still meet the arms quotas...

Author: /time Magazine | Title: Business: Giant into Armor | 1/8/1951 | See Source »

Indo-China waited tensely for the next Communist move. If Red-backed Ho Chi Minh attacks with his Viet Minh army, De Lattre may throw him back, but if the Chinese pour in, as they have in Korea, the slim French forces will have to pull out. Last week the foreign colony which gathers at Hanoi's Metropole Hotel rustled with rumors. Some said that the Chinese were already advancing from Langson, others that there was a deal on with the Viet Minh. The Metropole's atmosphere was one of anxious, noisy gaiety. Foreign newsmen met with free...

Author: /time Magazine | Title: BATTLE OF INDO-CHINA: Phases of the Moon | 12/18/1950 | See Source »

...orders are issued. Premature cutbacks will merely cause layoffs and the closing of plants and in the end, U.S. production will be hurt more than helped. Once war orders go out in big enough volume, civilian production will be cut back automatically and the weapons will begin to pour...

Author: /time Magazine | Title: Little -- and Late | 12/11/1950 | See Source »

This decision, however, is overruled by the larger number who would not allow appeasement, even partial appeasement. "Try to maintain a line at the 38th parallel," they say, "pour in as many men as we need to hold on." If we can not do this now they say, pull out and then go back in again, We cannot afford to lose face in the East, this school claims...

Author: By Herbert S. Meyers, | Title: Students Disturbed About Korean Situation, Future | 12/6/1950 | See Source »

...Thanksgiving Eve, at the hour when all of New York seems to pour out of office buildings at once, and the gloomy and echoing caverns of Pennsylvania Station fill with people, two Long Island commuter trains gulped up their nightly rations of humanity. Their doors clanged shut. The Hempstead-bound 6:09 rattled out into the East River tunnel with 1,000 men and women jammed in the seats and aisles of its twelve cars. The Babylon-bound 6:13 pulled out behind it with 1,200 rush-hour passengers...

Author: /time Magazine | Title: DISASTER: Death Rides the Long Island | 12/4/1950 | See Source »

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