writes in

U.S.
Aid to Taiwan: A Study of For- eign Aid, Self-Help, and Develop- ment (Praeger, 1966), the annual gain in GNP per dollar of U.S. aid was higher in Taiwan during the 1960s than in Korea, the Philippines, or Turkey. In Jacoby's view, Wash- ington "wisely" fostered local pri- vate enterprise and eschewed using

U.S.
aid as "leverage" to force politi-

cal reform in 1950-65. Perhaps no single action Chiang Kai-shek was more important than his American-financed "lan...