Although the cold war was the most important fact in the politics of the post-war world, few persons could have foreseen that it would lead to fighting in the small, remote country of Korea. Yet, as small and remote as it was, Korea had a strategic location. It was near three large powers — Russia, China and Japan — and the Japanese said it “points like a dagger at the heart of our country.” The Japanese won control of Korea in the Russo-Japanese War and by 1905 they ruled it as part of their empire. During World War II, the …
Read More »Victory in the Pacific 1941 – 1945
On June 25, 1940, the Japanese war minister said, “The present international situation is developing in a manner advantageous to Japan’s national policy. We should not miss the present opportunity. . . Japan’s national policy was scarcely a secret. It had already linked itself by treaty to the aggressor nations of Germany and Italy – for several years it had been fighting an undeclared war against China. Although Chinese guerrilla forces were fighting back the Japanese controlled most of the Chinese railroads and held such cities as Peiping, Shanghai and Canton. They planned to establish something they called the “Greater …
Read More »Panic in Wall Street 1929-1932
AS MILLIONS of Americans hurried to work on the morning of October 24, 1929, it seemed like the start of an ordinary day. It seemed just as ordinary to the brokers and bankers who were entering their offices on New York’s Wall Street. True, the prices of stocks had been falling for several days, but that was nothing to worry about. There were bound to be ups and downs in the stock market and prices would surely rise again. For never before had the United States known such prosperity as it did in the 1920’s. Herbert Hoover, who had become …
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