National Affairs: After the Shock

Roused by the news from Korea, the Administration:

¶ Accused Communist China of "aggression, outright and naked," but was prepared later to call it simply "intervention" for United Nations purposes (see INTERNATIONAL).

¶ Dispatched grim-faced General J. Lawton Collins, Army Chief of Staff, posthaste for Japan and Korea to see MacArthur.

¶ Indicated that general wage and price controls would be put into effect. Treasury Secretary John Snyder said they would be necessary "to avoid damaging inflation."

¶ Asked Congress, in a special presidential message, to vote nearly $18 billion more "with the utmost speed"...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!