CASH-AND-CARRY DIPLOMACY

THE LATEST DOCUMENTS SHOW A CLOSE LINK BETWEEN THE WHITE HOUSE AND DEMOCRATIC DONORS ON MATTERS BEST LEFT TO THE NATIONAL SECURITY COUNCIL

It was just before Christmas, and the President, in a forgiving mood, was trying to enlighten critics who had presumed to think that American officials could be bought by globe-trotting tycoons. "One thing we know," he explained anthropologically, "is that the culture out of which they come doesn't draw the same bright lines between politics, government and business that we do." He was describing the Asian-American donors whose largesse had done so much to help re-elect him in 1996 and embarrass him in 1997. But he might just as well have been describing his own roots in Arkansas' cash-and-carry politics, a...

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