THE steady withdrawal of U.S. troops from Southeast Asia has been a source of rising cheer at home. In many non-Communist Asian countries few such cheers can be heard. The satisfaction of seeing Yankee go home is tempered by a pain in the pocketbook.
At the peak of the U.S. buildup in early 1969, there were 590,800 U.S. troops in Southeast Asia, including 543,400 in South Viet Nam. "The war effort spread dollar windfalls around the Far East." reports TIME Correspondent Louis Kraar. "An unusually wide range of Asians profitedJapanese manufacturers catering to the PX trade, Hong Kong bar girls practicing the...
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