COLBY TO TALK ABOUT NEW U.S. POLICY OPTIONS AT LSU

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP99-00418R000100150014-1
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: May 15, 2012
• Sequence Number: 14
• Publication Date: March 27, 1990
• Content Type: OPEN SOURCE

Sl Declassified in Part - Sanitized Copy Approved for Release 2012/05/15: CIA-RDP99-00418R000100150014-1
STAT
Colby to talk about new
U.S. policy options at LSU
By Frank Main/
State-Times writer
Ex-CIA Director William Colby says
U.S. national security is entering a new
phase in which economic support for
former communist zones will become
more important than preserving
military strength.
"This period we're now in is as
important as the late '40s - the end of
an era of danger and the time to
reconstruct a new world," Colby said
Monday in a telephone interview.
He is scheduled to speak tonight at
LSU.
Colby compared 1990 to the post-
World War II period when the United
States financed the reconstruction of
Europe through the Marshall Plan.
Congress authorized $12 billion to
European countries from 1947-1951.
Colby said the time is ripe for the
world's three economic centers -
North America, the Pacific Rim and
Western Europe - to increase their
financial support for former
communist zones and third-world
nations because the danger of the Soviet
Union is receding.
"Now it's clear the Cold War is
coming to an end because Mr.
Gorbachev sees his economy is
collapsing and he can't use his military
forces," said Colby, director of the
Central Intelligence Agency from 1973-
1976.
Colby said the big challenge for Uncle
Sam is forming a partnership with the
other economic powers to provide aid to
nations whose economies are turning to
free enterprise.
The Soviet Union appears ready to
enter the free-market economy, but
China probably will be apprehensive, he
said. '
"The Chinese thought they could open
the economy without opening the
politics, Colby said. The result was a
cry for freedom and the ultimate
crackdown on student protesters at
Tiananmen Square in Beijing, followed
by a reaction against free markets, he
said.
The Soviets have the opposite
problem, Colby said.
"Gorbachev has been successful in
opening the politics but not the
economics,' he said.
Reflecting on the changes in the CIA
since he was director, Colby safe
agency places more emphasis on arms-
control verification. He added that the
opening up of information in the Soviet
Union is helpful for the agency.
Although the CIA is still busy in
Moscow, "information we once sought
is in the newspapers now," Colby said.
While not traveling on the lecture
circuit, Colby is an adviser to a
Washington, D.C., law firm and does
international consulting. His book on
Vietnam, "Lost Victory," was recently
published.
Colby is to speak on "National
Security in a Changing World: U.S.
Policy Options in the '90s" at 7:30
tonight in the LSU Union Colonnade.
His appearance is the fifth lecture in a
series sponsored by Bienville House
Center for Peace and Justice, Common
Cause, the Uniting Campus Ministry,
Peace Links, the YWCA, and the League
of Women Voters. The lecture is free.
The Washington Post
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Declassified in Part - Sanitized Copy Approved for Release 2012/05/15: CIA-RDP99-00418R000100150014-1