AMERICAN NOTES: The Price of Rebuilding

The most recent debate over the Viet Nam War has centered on whether the U.S. was justified in bombing Hanoi in its attempt to achieve a truce. Now that the truce is here, and now that the budget and the dollar crisis have become urgent news (see THE ECONOMY), the debate on Viet Nam has shifted to a new question: should the U.S. spend billions of dollars to help its former enemies? No specific sum has yet been requested, although unofficial estimates have gone as high as $7.5 billion over the next five years for the reconstruction of all Indochina....

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