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Even so, since the fall of Saigon, American officials have gone out of their way to reassure Seoul that the U.S. will stand by its 1953 Mutual Defense Treaty with South Korea. Last week, addressing the Japan Society in New York, Secretary of State Henry Kissinger pointedly asserted that the U.S. was "resolved to maintain the peace and security of the Korean peninsula." Added Kissinger: "This is of crucial importance to Japan and to all of Asia...

Author: /time Magazine | Title: KOREA/SPECIAL REPORT: The Long, Long Siege | 6/30/1975 | See Source »

...COMMUNIST VICTORY IN VIET NAM: The fall of the Saigon government was a retreat of American power. Recent developments in Indochina have obviously heightened the possibility of the North Korean Communists' provoking a war by miscalculation. The North Koreans could launch an all-out attack, but that is not feasible without help from Red China or the Soviet Union. They could also wage a limited war for limited objectives: a thrust across the DMZ, an attack on the five islands in the Western Sea, or the infiltration of guerrillas and subversives. On Jan. 21, 1968, they tried to attack...

Author: /time Magazine | Title: The World: Park: Survival Is at Stake | 6/30/1975 | See Source »

According to most reports, the administration of South Viet Nam is completely dominated by the North Vietnamese. So many bureaucrats have apparently left Hanoi for posts in the South that journalists in North Viet Nam's capital complain that many of their best sources are now in Saigon. Despite the influx of cadres from the North, Saigon's new rulers have problems running the city. Banks remain closed, the telephone system is hi chaos, and some offices remain unstaffed...

Author: /time Magazine | Title: VIET NAM: Fading Smiles | 6/23/1975 | See Source »

Gunfire Exchanges. Outside Saigon, the Communists also have problems. A Tass dispatch from South Viet Nam last week confirmed that there have been frequent exchanges of gunfire a few miles north of Saigon between Communist troops and holdout ARVN units. This last-ditch resistance is likely to be short-lived; one member of an anti-Communist army group, in a letter to his family in Saigon, conceded that "we know we have no chance of winning, but we will fight anyway...

Author: /time Magazine | Title: VIET NAM: Fading Smiles | 6/23/1975 | See Source »

More threatening to the new regime is the South's economy. Saigon is short of food and fuel; trade and commerce have contracted severely because of the prolonged bank holiday, and hundreds of thousands of former government bureaucrats and soldiers are without jobs. While Communist officials have been vowing "to restore production as quickly as possible," unless they do it soon, economic chaos could trigger widespread unrest among the South Vietnamese. There is, however, a question of how long they will remain South Vietnamese. North Viet Nam's National Assembly voted last week to unify all of Viet...

Author: /time Magazine | Title: VIET NAM: Fading Smiles | 6/23/1975 | See Source »

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