Russia's Khrushchev and Red China's Mao, meeting in Peking in early August, were accompanied by their defense ministersa fact that led to a rush of speculation. Gist of the rumors: Communist China was again preparing to attack Formosa or the Nationalist-held offshore island chains of Quemoy and Matsu. Later events gave some substance to the speculation: Communist MIG-17s and Nationalist F-86s and F-845 began tangling more often above Formosa Strait; Communist gunners began to pound the islands, last week put down thousands of shells in two hours of the heaviest bombardment that Quemoy has ever taken.
Last week U.S. Secretary...