The U.S. Federal Reserve reportedly has an arrangement with the Bank of Japan to provide emergency loans to Japanese banks operating overseas in exchange for U.S. Treasury securities. The collateralized loans would be extended on short notice for banks facing emergency liquidity needs. The purpose of the arrangement is to forestall the possible sale by Japanese banks of large amounts of U.S. Government securities (thereby raising U.S. interest rates) and to boost confidence in Japan's financial system. The loans would not risk U.S. taxpayers' funds. The Chairmen of both House and Senate Banking Committees have made statements about the arrangement, thus making it a matter oflegislative interest.

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This report discusses trade relations between the U.S. and Japan. Commercial aspects of the United States-Japan alliance, in recent years, have begun to dominate the dialogue between the two nations. In particular, friction points have developed over chronic U.S. bilateral trade deficits with Japan, allegations of Japanese protectionism, and rapid incursions into U.S. markets by Japanese export products.

Front: Text describes action on various war fronts: USSR, Southwest Pacific, Italy, Air offensive, Yugoslavia. Maps: Eastern front; Netherlands Indies; Southwest New Britain. Photographs: French troops of 2nd Moroccan Division fight in Italy; Half-track loaded with Frenchmen crosses the Volturno; French First Armored Division during maneuvers; B-25 Mitchell bomber; 75mm shell for the cannon on the Mitchell bomber; Japanese destroyer after being hit by shells from the Mitchell bomber; Gen. Bernard Montgomery commander of the British Eighth Army explains battle strategy to Soviet generals: Maj. Gen. Vasiliev and Maj. Gen. Solodvnik. Back: Map showing Japanese controlled areas. Inset maps illustrate Japanese territorial acquisitions over time. Includes "Text of the general statement issued after the Cairo conference attended by President Roosevelt, Generalissimo Chiang Kai-shek and Prime Minister Churchill, together with their respective military and diplomatic advisers."

Front: Text describes action on various war fronts: Saipan to Tokyo -- Hit Jap shipping -- General Allied push -- Liberate Estonia -- Alexander takes over -- Action in Burma -- Japs drive on Kweiyang. Maps: Action in the west -- Japan -- North Burma. Inset maps: Tokyo -- [distance from Tokyo to Saipan]. Back: Text and 8 photographs highlight the activities and achievements of the Army Medical Department.

Front: Text describes action on various war fronts: Allied pressure increases, Cologne approaches attacked, Saar Valley threatened; Red Army strikes; Ravenna falls; Pacific Theatre active; Kweiyang evacuated; Japs retreat in Burma. Maps: Soviet drive; Cologne Plain; Winter offensive; Japanese threat; Leyte. Inset map: Philippines. Back: Photographs and llustrations highlight various infantry weapons: guns, rifles, pistols, machine guns, mortars and other weapons.

Front: Text describes action on various war fronts: Western front battle, Pressure on Budapest, German attack in Italy, Ormoc Falls: B-20s active, Far Eastern front. Maps: European front, The Saar, Hungarian front, Pacific action, Leyte area. Back: Text highlights "Preventive Maintenance" and describes the need to take care of ordnance equipment and "keep 'em rolling." Illustrations of 18 types of mobile ordnance are labeled.

Front: Text describes photographs: U.S. destroyer Shaw -- Third Fleet Unit -- Nazis march in Vienna -- 35th Infantry Division troops in Polch, Poland -- Joachim von Ribbentrop -- Signatures on the United Nations Security Charter -- Nipponese who helped capture the headquarters of Chinese 29th Army at Tungchow -- Pfc. Cecil Cunningham, of St. Louis, MO in Tokyo -- Navy Secretary Frank Knox draws the second number in the Third Selective Service drawing -- Five Michigan men leave a separation center at Fort Sheridan, Ill. after discharge. Back: Map shows eastern portion of the United States with population statistics by state and per person income payments in 1940 and 1944.

Text describes U.S. role in world affairs and is keyed to map. Map projection is "designed to minimize distortions along the 40th parallel which runs approximately through Tokyo and Washington."

From Abstract: "The Oak Ridge National Laboratory (ORNL) Health Physics Research Reactor is to be attached to a hoist platform on a 1500-ft tower at the Nevada Test Site (NTS). The project is a continuation of the studies commenced in 1956 for evaluating the radiation doses of persons exposed to nuclear weapons, especially the residents of Hiroshima and Nagaski, Japan. Measurements will be made of the energy, angular, and spatial distributions of the radiation from the reactor."

This report discusses issues regarding U.S.-Japan economic relations, since the economic condition of each nation can affect the world economy and a U.S.-Japan bilateral economic relationship could influence economic conditions in other countries. U.S. and Japanese leaders have several options on how to manage their relationship, including stronger reliance on the World Trade Organization; special bilateral negotiating frameworks and agreements; or a free trade agreement.

Increasing globalization and transnational trends in business have resulted in greater contact with people from different cultures. However, in any cross-cultural encounter, miscommunication and misunderstandings are likely to occur. In a workplace setting, these can seriously undermine job performance and employee relations. The Intercultural Sensitizer is a cross-cultural training tool that is designed to increase the likelihood that trained individuals will make accurate interpretations concerning behavior observed in individuals from other cultural groups (Albert, 1983) . The purpose of this study was two-fold: (1) to identify cultural differences between Americans and Japanese that can lead to misunderstandings in the workplace and hinder communication, and (2) to construct an intercultural sensitizer that will enable the two cultural groups to interact more effectively with each other. The study's five-phase research design was based on Albert's (1983) delineation of the construction of an intercultural sensitizer. Twenty-four episodes were constructed and statistically analyzed to determine if there was a difference in the way the two cultural groups responded to a given situation. Nine episodes yielded critical values significant at the .05 level. The study concluded that there while there are differences in the cultural perspectives of American and Japanese business professionals, the two groups …

The purpose of the study is to empirically determine the relevance of PPP theory under the traditional arbitrage and the efficient markets (EPPP) frameworks during the recent floating period of the 1980s. Monthly data was collected for fifteen industrial nations from January 1980 to December 1986. The models tested included the short-run PPP, the long-run PPP, the EPPP, the EPPP with deviations from expectations, the forward rates as unbiased estimators of future spot rates, the EPPP and the forward rates, and the EPPP with forward rates and lagged values. A generalized regression method called Seemingly Unrelated Regression (SUR) was employed to test the models. The results support the efficient markets approach to PPP but fail to support the traditional PPP in both the short term and the long term. Moreover, the forward rates are poor and biased predictors of the future spot rates. The random walk hypothesis is generally supported.

This study investigated the changes in attitudes of Japanese first and second grade children who were exposed to microcomputers in school. Eight hundred and three first-and second-grade children were selected from six Japanese public schools. Approximately half of the subjects were selected from urban, suburban, and rural schools using computers, while the remaining subjects were from schools not using computers. The Young Children's Computer Inventory was the instrument used for this study. It was derived from a questionnaire originally developed at the Tokyo Institute of Technology, and contained four subscales: Attitudes Toward Computers, Motivation to Study, Empathy, and Creativity. A Japanese language version of the questionnaire was mailed to the principal of each school, where teachers distributed the questionnaires.for the subjects to complete with their parents at home. Ninety-one percent of the students returned completed questionnaires. Demographic information was also collected for each classroom.

Photograph used for a story in the Daily Oklahoman newspaper. Caption: "Captain John D. Glismann"

Photograph used for a story in the Daily Oklahoman newspaper. Caption: "Dr. John Glismann - city - U. S. Army medical Corps - Public Health officer in Japan."

During World War II, the Japanese earned the reputation for cruelty toward their prisoners which surpassed the treatment accorded to POWs held by Germany and Italy. The conduct exhibited by the Japanese soldier was the result of a combination of ancient social and religious traditions made manifest by twentieth century documents. Through constant inculcation of ancient myths nurtured by a national religion, the Japanese believed that their holy mission was world domination. Believing themselves to be of divine origin, they treated all other races as inferior; therefore, the POWs suffered cruelties as sub-humans. The Japanese inflicted punishment and torture in the name of their emperor, believing that they did so through divine instruction. This study reveals how they arrived at this conviction.

This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future.

Photograph used for a story in the Oklahoma Times newspaper. Caption: "Meanwhile the "real" James Bond is finishing "You Live Tamba plays his conterpart, Tiger Tanaka."

Photograph used for a story in the Oklahoma Times newspaper. Caption: "A 24-year-old former Oklahoma A&M football flew his helicopter over 20-foot waves and recused seven South Lorean seamen from their stricken freighter on the south coast of Japan."

Photograph used for a story in the Oklahoma Times newspaper. Caption: "Major General Charles Willoughby, for 10 years General MacArthur's controversial intelligence chief, announced Friday that he has quit the army and intends to offer his services to his old boss."

This report presents the results of a study regarding bicycle use as a practical transportation alternative in the United States and elsewhere. It includes an overview of bicycle use in America; the cycling environment; related federal, state, and local activities; experiences in Europe, Japan, and China; and recommendations based on the study's conclusions.

Interview with Roy Sistos, an infantryman in the US Marine Corps during Korea. He answers questions about his service to the military and life during the war abroad.

Interview with Phillip Patton, an aircraft mechanic in the US Marine Corps during WWII. He answers questions about life before the war, his experiences overseas, and returning home post-war.