AMERICAN NOTES: Reverse Fulbright

When asked once what he thought the U.S. could do to end the war in Viet Nam, Humorist Art Buchwald replied: "Just fly a planeload of German and Japanese bankers to Hanoi, and let them explain to the North Vietnamese leaders what happens to a country that loses a war to the U.S." Buchwald's fancy has a solid underpinning in fact. Under the Marshall Plan and a similarly massive rebuilding program in Asia, West Germany and Japan have enjoyed dizzying industrial growth and have flooded the U.S. market with Nikons and Leicas,...

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