ASIA: Orphaned Cornucopia

Even as Cambodia and South Viet Nam were falling to Communist armies, millions of dollars in U.S. aid to those countries were still surging through the pipeline across the Pacific. The Defense and State Departments acted immediately to turn off the flow: they rescinded letters of credit to recipients, canceled orders to suppliers, and cabled ships at sea to "frustrate" their cargoes (that is, dump them) at the nearest port. Result: military aid was routed directly to U.S. bases but non-military goods are piling up in warehouses all over Asia, especially in...

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

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