Word: squeezees
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¶ Oil producers were unable to meet the demands of Russia because of the slowness of the Soviet-operated railroads. For each delay the quota of oil demanded was raised. The oil producers thought that the squeeze was planned.
All these things, said the Board, will combine to squeeze many manufacturers between high costs and low ceilings, to squeeze out incentive to start new enterprises, or expand old. Gloomily the Board concluded: "Unless more realistic pricing formulas are adopted ... a great many will be driven to the wall."
In a move to check corruption in handling military supplies, a five-man military tribunal sentenced to death three high officers in the Chungking supply service: Major General Liang Lin (former mayor of Changsha), Major General Huang Yao, Colonel Pao Yunfei. Liang was convicted of "stealing military materials and of...
Then there is moral deterioration-graft, corruption, profiteering, black market. These things develop in any country in war, and especially in defeat. But there are several things to say about the graft in China. First, while it is bad, it is not nearly as bad as I expected to find...
Died. Colonel General Alexander Sergeivich Shcherbakov, 44, massive (300 Ibs.) Communist man-of-all-political-work and longtime friend of Stalin, who was simultaneously head of the Soviet Information Bureau, member of the all-powerful Politburo, chief of the Red Army's political department, secretary of the Central Communist...