Like Omar Khayyam's vintner, the U.S. is asking itself: what can it buy abroad one half so precious as the stuff it has to sell? The particular stuff the U.S. wants to sell is some $6 billion worth of surplus war goods overseas. The countries that could use it can't pay for it; the best they have to offer is credit.
In the Senate ex-Rhodes Scholar James William Fulbright of Arkansas suggested a two-way traffic in education. Said he last week :"I just started to thinking one day . . . [how] friendship between China and ourselves was greatly influenced by the...
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