Major-General Sir Douglas Gracey: Peacekeeper or Peace Enforcer?

Current events in Afghanistan have once again placed the political context of British forces acting in difficult circumstances under the global microscope. This article focuses upon the high policy difficulties of administering peacekeeping duties by examining the controversial role of Major-General Gracey in South Vietnam and Cambodia in 1945. Gracey's British and Indian troops were deployed in French Indo-China to oversee the surrender of Japanese forces and the liberation of the Axis occupied territory. But they quickly became entangled in peacekeeping duties between the returning French colonial regime and the emergence of various Vietnamese groups determined to take advantage of the power vacuum. By examining both primary and secondary sources and scrutinising Gracey's private papers this article attempts to reappraise a difficult period in British history.     

Letters to the Editor

While many basked in the euphoric rays emanating from the New Jersey state court Mt. Laurel decision, commentators and litigators in the land use field were tempering their sentiments with the knowledge of the U.S. Supereme Court's impending consideration of a primary federal land use challenge in Warth v. Seldin. The Court's 5-4 decision, affirming a federal appeals court'ss affirmance of the dismissal of an exclusionary zoning challenge by various individuals and groups, was predicated on the elusive concept of “standing.” If a sufficient case or controversy existed, according to the Court, or if the various classes of plaintiffs alleged a sufficiently personal stake in the outcome of challenge, their right to challenge Penfield's zoning could be established. In Warth the majority took a restrictive view and, on a one by one basis, denied standing to each of the plaintiffs.     

‘Intelligence,Public Confidence and Security’

Richard Gid Powers, Secrecy and Power: The Life of J. Edgar Hoover (New York: The Free Press, 1987). Pp. 624; $27.95.

Jeffrey Richelson, American Espionage and the Soviet Target (New York: William Morrow, 1987).

John Keegan, The Mask of Command (New York; Viking Penguin 1987). Pp. 368; $18.95.

Major General Rygor Slowikowski, In the Secret Service: The Lighting of the Torch (London: The Windrush Press, 1988). Pp. 285; £16.95.

Alexandre de Marenches and Christine Ockrent, The Evil Empire: The Third World War Now (London: Sidgwick &; Jackson, 1988), Pp. 224, £13.95

Robert Marshall, All the King's Men (London: Collins, 1988). Pp.314; £12.95. Brendan M. Murphy, Turncoat (New York: Harcourt Brace Jovanovich, 1987). Pp. 301; $19.95.

Ray Godson (ed.), Comparing Foreign Intelligence: The U.S., the USSR, the U.K. and the Third World (New York: Pergamon Brasseys, 1988), Pp. 157; $18.95.

Stephen J. Cimbala (ed.). Intelligence and Intelligence Policy in a Democratic Society (Dobbs Ferry, New York: Transnational Publishers Inc., 1987). Pp. 262. $37.50.     

Left Behind: Boris E. Skvirsky and the Chita Delegation at the Washington Conference, 1921–22

Although the story of the role of the Special Trade Delegation of the Russian short-lived Far Eastern Republic during the Washington Conference on Naval Disarmament of 1921–22, seems to be well-known from its many Western accounts published since 1922, a recent search in the records of the Russian Communist Party has uncovered many hitherto unknown or obscure details that shed the light on the fascinating intelligence origins of the secret documentation, which the delegation made public during the conference. Particularly, the Russian records indicate the central role of one of the delegates, Boris Skvirsky, who would be left behind in the United States to become the Soviet unofficial representative and back channel during the years of non-recognition of the Soviet Union by the United States.     

Correspondence

‘Machiavelli's solitude’ is a new English translation by Ben Brewster of a lecture delivered by Louis Althusser in 1977, so far unpublished in French. O'Hagan presents it as exemplifying a side of Althusser which is often neglected: his skill as lecturer and stylist. He compares the content of this 1977 lecture with that of an earlier series of lectures on the same theme, delivered by Althusser at the École Normale Supérieure in 1972. He suggests that there is a striking shift in emphasis in Althusser's political and philosophical position between the two, in particular a move towards a more negative view of the role of the law in a popular democracy. In passing O'Hagan reflects on changing fashions in the writing of intellectual history.     

The big,bad wolf and the rational market: portfolio insurance,the 1987 crash and the performativity of economics

This article distinguishes two meanings of the performativity of economics, a thesis advanced by Michel Callon: ‘generic’ performativity, according to which markets and other economic relations are not to be taken as given, but as performed by economic practices; and ‘Austinian’ performativity, in which economics brings into being the relationships it describes. The two versions of performativity are explored by means of an examination of the history of portfolio insurance (a financial-market technique based on the economics of option pricing), of the 1987 stock market crash, and of subsequent efforts to diagnose the causes of the crash and to redesign the market to avoid future catastrophe. The article emphasizes the extent to which the financial markets of high modernity are designed entities, and argues that the question of their design is always a political question, even if it is seldom recognized as such.     

The PLA and regionalism in Hong Kong

This article examines the linkages between changes in international capital movements and currency values on the one hand and Asian regionalism on the other. It argues that economic ties within Asia in the late 1980s and early 1990s can be traced primarily to the increasing values of currencies in Japan, Taiwan, South Korea and Hong Kong. Foreign-direct investments from companies in these countries increased throughout the Asian region. Intra-regional trade grew rapidly as well. Still, by the turn of the century, in contrast to regionalism in Europe, that in Asia remained deeply institutionalized and far less responsive to any central direction from potential leaders such as Japan.     

The resurgence of denial rates for home loans: an examination of disparate effects on groups of applicants in the upper Midwest

Mortgage application denial rates have increased since 2002, but it is unclear to what extent this increase in denials has differentially affected “non-traditional” mortgage applicants that do not resemble “traditional” white, non-Hispanic opposite-sex couple applicants. This article uses augmented Home Mortgage Disclosure Act (HMDA) data to investigate disparities in denial rates between traditional and non-traditional mortgage applicants between 2004 and 2008 in the Federal Reserve Bank's ninth district. We find evidence that lenders became more cautious in lending decisions between 2004 and 2008, treating applicants with the same incomes and requested loan amounts differently over time. After accounting for a variety of loan, applicant, lender, and environmental characteristics, we find that many “non-traditional” applicant groups across the ninth district experienced persistently higher mortgage application denial rates when compared to white, non-Hispanic opposite-sex couples. In some cases, the gap in the mortgage application denial rates between non-traditional and traditional applicants has actually increased over time.