Word: truceful
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...dusk settled over the embattled country on Christmas Eve, there was hope there would be a temporary truce for the first time in eight years...
...best an edgy respite whose mood at the start was reflected in a news photo of two G.I.s relaxing in the jungle, their weapons at the ready. But as it turned out there were repeated Viet Cong actions and it was quickly dubbed the "bullet-riddled truce." One Marine patrol near Chu Lai suffered heavy casualties...
...Since it was plainly intended as a propaganda ploy, the Communist offer of a twelve-hour cease-fire was at first ignored in Washington and Saigon. Finally, though still skeptical that the Communists would honor their commitment, the U.S. last week raised the ante and proposed a 30-hour truce...
...anticipation of the lull, fighting on the ground was light all week. But over North Viet Nam U.S. bombers dumped more tons of bombs on Communist installations. In a series of pre-truce raids near the Haiphong industrial area, eight U.S. planes were shot down by Red anti-aircraft fire and SAM missiles. American pilots knocked out key bridges and destroyed the important Uong Bi power plant, which had first been raided the previous week. All action stopped when the truce began...
Growth v. Stability. The economic policies of 1966 will be determined most of all by one factor: the war in Viet Nam. Barring an unexpected truce, defense spending will soar so high ?by at least an additional $7 billion?that it will impose a severe demand upon the nation's productive capacity and give body to the specter of inflation. Keynes feared inflation, and warned that "there is no subtler, no surer means of overturning the existing basis of a society than to debauch the currency." Once chided for undertipping a bootblack in Algiers, he replied: "I will...