Word: risks
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Dates: during 1960-1969
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Thus Washington is caught in a dilemma. Should the U.S. begin to level off in the hope that diplomacy, which so far has been totally ineffectual, can end the war? Or should it risk another round of escalation, increasing the pressure just enough to force Hanoi to seek peace...
...Risk & Riposte. Many U.S. military men naturally want to tighten the screws, chiefly by increased bombing. Stung by the criticism that air power has failed to stem North Vietnamese infiltration, they argue that, even though prohibited from hitting the North's most important targets, they have managed to knock out two-thirds of its petroleum supply, to keep 250,000 people constantly at work repairing bomb damage, and to deny Communist units 50% of the supplies that combat soldiers normally need...
General Curtis LeMay, who retired in 1965 as Air Force Chief of Staff, last week described this limitation as "the ultimate in military blindness," added that if the "calculated risk" of heavier bombing were to fail, "then we must be prepared to fight Red China." Dwight Eisenhower said that he "would not automatically preclude anything"-including, by implication, nuclear weapons-"that would bring the war to an honorable and successful conclusion...
Former U.S. Ambassador to Moscow Foy Kohler, recently named Deputy Under Secretary of State for Political Affairs, told the Senate Foreign Relations Committee that increased bombing carried the risk of killing Soviet technicians now being sent to North Viet Nam in ever greater numbers. To blockade Haiphong harbor-another step favored by the military-might, in his view, result in a military riposte from Russia...
...with which the majors traditionally lubricate their concession agreements. In return, France agreed to bankroll the whole project, which may cost $50 million; the Iranians need repay the loan only if and when oil is found. Though it all adds up to a big gamble for France at no risk to Iran, E.R.A.P. spokesmen touted the deal as a long stride toward a "competitive French government oil company, flying French colors and making France completely independent of the majors...