Chin Hong, a 40-year-old New York laundryman, had already mailed his $700 life savings to China, to buy his relatives out of a Communist jail. When a letter arrived last week demanding $1,000 more, Chin, depressed and penniless, tried to commit suicide. In a frenzy, he attacked three policemen who tried to stop him. They shot him in self-defense.

A few hours after Chin died, Treasury Counsel Emanuel Minskoff told a press conference in New York that the U.S. Government is calling a halt to the Chinese Reds' long-distance shakedown. During the past year the Communists have bled millions of...

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