Word: withdrawals
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Dates: during 1970-1979
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...where they hope to find ships that will take them to Malaysia. The scenes at Saigon's banks are reminiscent of the financial panic that gripped Shanghai shortly before it fell to the Chinese Communists a quarter-century ago. Each morning hordes of Saigonese besiege the banks to withdraw their life savings. Almost to a man, Saigon's Indian haberdashers have switched to money changing. At one point the piaster fell to 2,000 to $1; the rate was 800 to $1 only a few days earlier...
...agreement did not require the North Vietnamese to withdraw their estimated 145,000 troops from South Viet Nam; it did not even dispute Hanoi's absurd assertion that it had no troops in the South. In fact, the Communists did nothing to alleviate Thieu's fears that cease-fire or no, they were still determined to rule the South. Hanoi moved huge numbers of new troops into the South until overall Communist strength had grown by a startling 40%, to 220,000 combat troops at the start of the present offensive (the Viet Cong comprise only a small part...
Sadat interpreted the negotiations as primarily involving a second-stage military disentanglement. He wanted major pullbacks of Israeli forces in the Sinai, which would allow Egypt to reopen the Suez Canal. Israel was willing to withdraw from the strategic Giddi and Mitla passes in the Sinai (see map page 14) and also from the Abu Rudeis oilfields, which have been pumping Egyptian oil for Israel since they were captured in the 1967 Six-Day War. In return, however...
Banks simply ran out of cash as people rushed to withdraw their money. More and more disbanded soldiers, their guns slung carelessly over their shoulders, crowded the streets; some of them were raucously drunk. One came up and put his hand against my chest and started to push, looking into my eyes without saying a word until his friends led him off. At the harbor, the troops withdrawn from Hue disembarked in mixed units, arriving in the confused state of a total rout. Enlisted men and officers alike dispensed with the niceties of rank or discipline. No one saluted...
Kennedy is resigned to the fact that pressure on him to enter the race - or, conversely, to withdraw even more decisively - will continue. "It's going to go back and forth like that," he says. "I can't worry about it." He does not intend to make an even more emphatic Shermanesque disclaimer. Even if he did, it would not be totally believed by either those who most fear him or those who venerate him. As the last male family member of his generation, Edward Moore Kennedy in some minds will always be marked out for the presidency...