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...raged the debate in the U.S. last week over Jimmy Carter's decision to break diplomatic relations with the Nationalist Chinese government in Taipei, cancel Washington's defense treaty with Taiwan and open full diplomatic relations with the Communist Chinese government in Peking...

Author: /time Magazine | Title: Man Of The Year: Squall over Carter's Move | 1/1/1979 | See Source »

...news broke at a time when the President was trying to finish the difficult budget for fiscal 1980 (and suffering from a flare-up of hemorrhoids that forced him to cancel all appointments on Thursday). Administration economists immediately tried to calculate what the damage from the OPEC price hike would be for 1979. They estimated that the cost of petroleum products, ranging from heating oil to gasoline, would rise 3? to 5? a gallon. The inflation rate, now projected at 7.5% for next year, would rise by another .3%. The rate of economic growth, they estimated, would be trimmed...

Author: /time Magazine | Title: Nation: Dance of the Oil Dervishes | 1/1/1979 | See Source »

Under the agreement, the U.S. would terminate formal diplomatic relations with Taiwan, cancel the 1954 mutual defense treaty that committed the U.S. to guarantee Taiwan's military security and withdraw the 700 U.S. troops now on the island. On March 1, the U.S. and Peking would exchange ambassadors. Moreover, said Carter, Chinese Vice Premier Teng Hsiao-p'ing, 74, the shrewd and pragmatic chief architect of Peking's remarkable Great Leap Outward to the West, would visit Washington at the end of January for an unprecedented series of summit talks...

Author: /time Magazine | Title: Carter Stuns the World | 12/25/1978 | See Source »

...stand fast. Mainland China needs this relationship more than the U.S. does." Arizona Republican Barry Goldwater accused Carter of having committed "one of the most cowardly" presidential acts in history and threatened to sue him in court on the questionable ground that a President cannot cancel a treaty without the Senate's approval. Liberal Republican Jacob Javits of New York complained that Carter had not sought the advice of Congress before making his decision?especially since the House and Senate passed a resolution this year demanding just such advance consultation on the issue...

Author: /time Magazine | Title: Carter Stuns the World | 12/25/1978 | See Source »

Carter actually had a solid basis for acting on his own in deciding to end relations with Taiwan and terminate the mutual defense treaty. The Constitution requires that treaties be ratified by the Senate but does not require a Senate vote on cancellation. Moreover, a clause in the Taiwan defense treaty permits either side to cancel it on one year's notice, which is precisely what Carter is doing. But conservatives can sponsor resolutions condemning what Carter has done. Or, as seems likely, they can try to block the nomination of Carter's choice for first U.S. Ambassador to Peking...

Author: /time Magazine | Title: Carter Stuns the World | 12/25/1978 | See Source »

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