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Preview of Bush's Thursday Night Speech

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Stephen Pizzo
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For the United States, this first defeat in our Nation's history would result in a collapse of confidence in American leadership, not only in Asia but through-out the world.

For the future of peace, precipitate withdrawal would thus be a disaster of immense magnitude.

A nation cannot remain great if it betrays its allies and lets down its friends. Our defeat and humiliation in South Vietnam without question would promote recklessness in the councils of those great powers who have not yet abandoned their goals of world conquest.

This would spark violence wherever our commitments help maintain the peace in the Middle East, in Berlin, eventually even in the Western Hemisphere.

Ultimately, this would cost more lives.

It would not bring peace; it would bring more war.

For these reasons, I rejected the recommendation that I should end the war by immediately withdrawing all of our forces. I chose instead to change American policy on both the negotiating front and battlefront. . . .

The Vietnamization (Nixon's version of "when their troops stand up, our troops will stand down) plan was launched following Secretary Laird's visit to Vietnam in March. Under the plan, I ordered first a substantial increase in the training and equipment of South Vietnamese forces.

After 5 years of Americans going into Vietnam, we are finally bringing men home. By December 15, over 60,000 men will have been withdrawn from South Vietnam including 20 percent of all of our combat forces.

The South Vietnamese have continued to gain in strength. As a result they have been able to take over combat responsibilities from our American troops.

Two other significant developments have occurred since this administration took office.

Enemy infiltration, infiltration which is essential if they are to launch a major attack, over the last 3 months is less than 20 percent of what it was over the same period last year.

Most important United States casualties have declined during the last 2 months to the lowest point in 3 years.

Let me now turn to our program for the future.

We have adopted a plan which we have worked out in cooperation with the South Vietnamese for the complete withdrawal of all U.S. combat ground forces, and their replacement by South Vietnamese forces on an orderly scheduled timetable. This withdrawal will be made from strength and not from weakness. As South Vietnamese forces become stronger, the rate of American withdrawal can become greater.

I have not and do not intend to announce the timetable for our program. And there are obvious reasons for this decision which I am sure you will understand. As I have indicated on several occasions, the rate of withdrawal will depend on developments on three fronts.

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Stephen Pizzo has been published everywhere from The New York Times to Mother Jones magazine. His book, Inside Job: The Looting of America's Savings and Loans, was nominated for a Pulitzer.

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