Japan. and Free China. which have completed the transition from being recipients of U.S. economic aid to being selfsupporting countries. Of course. it is unnecessary to go into great detail about the dynamic growth of Western Europe and Japan. We are all well aware of their prosperity. but perhaps the lesser known story of Taiwan. or Free China. might be more pertinent to this discussion. In December 1949. 112 million impoverished. homeless refugees landed on the island of Formosa for a lastditch stand against Communist China. Now. in 1966. 15 years later. Taiwan stands as a living testimonial to the success of U.S. economic aid.
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refugees