the TIME News Quiz
(THIS TEST COVERS THE PERIOD MID-NOVEMBER 1947 TO EARLY FEBRUARY 1948)
Prepared by The Editors of TIME in collaboration with
Alvin C. Eurich and Elmo C. Wilson
Co-Authors of the Cooperative Contemporary Affairs Test for the American
Council on Education
(Copyright 1948 by TIME Inc.)
This test is to help TIME readers and their friends check their knowledge of current affairs. In recording answers, make no marks at all opposite questions. Use one of the answer sheets printed with the test: sheets for four persons are provided. After taking the test, check your replies against the correct answers printed on the last page of the test, entering the number of right answers as your score on the answer sheet.
The test is given under the honor system—no peeking.
HOW TO SCORE
For each of the test questions, five possible answers are given. You are to select the best answer and put its number on the answer sheet next to the number of that question. Example:
0. The President of the United States is:
1. Dewey. 3. Truman. 5. Wallace.
2. Hoover. 4. Vandenberg.
Truman, of course, is the correct answer. Since this question is nujnbered 0, the number 3—standing for Truman—has been placed at the right of 0 on the answer sheet.
U.S. AFFAIRS
Congress and the President
1 . Returning from South America last fall, President Truman summoned Congress back into session, asked them to act on European aid and:
1. Communism in the U.S.
2. Legislation to solve the housing crisis.
3. The pending alliance with Britain, France, Canada.
4. A program to check inflation.
5. The worsening labor situation.
2. Before the legislators returned, the President had ready for them a report by his Council of Economic Advisers stating that aid to Europe: 1. Was a "calculated risk" which U.S. economy must undertake.
2. Would have no serious effect on U.S. economy.
3. Would be on a strict lend-lease basis.
4. Would require $3 billion by Jan. 1.
5. Was already too late to save Belgium and Greece from Communism.
3. Once assembled, Congress gave the President a little less than he had asked for, passed a bill authorizing:
1. U.S to buy $5 billion worth of French, Italian, and British products to help out these nations' economies.
2. $20 billion in aid to Europe.
3. Revision of our tariff schedules to favor "European democratic nations."
4. Loan of $5 billion to the World Bank for relief purposes.
5. $540 million for stop-gap aid to China, France, Austria, Italy.
4. The State Department, the Herter Committee and the Harriman Committee finally agreed that the ERP should be administered by:
1. The State Department.
2. The Department of Commerce.
3. The President.
4. A separate organization with the boss appointed by the President.
5. Europeans.
5. In his opening message to the special session, Truman had shocked Congressmen by asking power to do all but one of these:
1. Establish price ceilings on basic cost-of-living items.
2. Ration certain essential items.
3. Prevent wage increases.
4. Roll back food prices to June 1 levels.
5. Extend and strengthen rent