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....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!