Word: decornoy
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...picture is still very incomplete. The Smithies report was first dredged up in a September article by Jacques Decornoy in Le Monde. In that article Decornoy also mentions a study which Emile Benoit, professor of International Business at Columbia, conducted for the Asian Development Bank...
...semi-official report--to which Decornoy says "the State Department attaches great importance"--Benoit bases his recommendations on "a Hanoi withdrawal," an elimination of NLF influence in the South, and "the projected ending of hostilities by 1973." Reasoning along lines that resemble those traveled by Smithies, Benoit writes, "If hostilities end without a peace treaty, it seems likely that large defense budgets will persist through most of this decade." Later he notes, "Even at best, Vietnam is going to be militarily top-heavy for quite some time...
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