Economy Of Peace
Sir,—Your editorial, “Vietnam and the U.S. Economy,” could find a parallel with November 27, 1943, when the Big Three met at Teheran to plan the foundations of a new Europe after 1945. The cessation of American adventures in Vietnam will mean an adverse balance of payments for American partners fattening on this major adventure. No political legerdemain will brush off 700,000 Americans actively earning a living in Vietnam, nor the conservatively estimated two millions engaged on war contracts in the United States. This legion alone, thrown on an economy dedicated to an annual deficit, could emulsify the Negro problem and raise the tempo of shooting. The war in Vietnam has never threatened the New Zealand economy: however, a peace settlement can and will have economic repercussions far worse than a flotilla of armed sampans crossing the Tasman.—Yours, etc., NORTH-WEST. April 17. 1968.
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Press, Volume CVIII, Issue 31658, 19 April 1968, Page 12
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145Economy Of Peace Press, Volume CVIII, Issue 31658, 19 April 1968, Page 12
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