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- , Monday, September 11, 1967.
Meeting convened:
Meeting adjourned:
7:10 P.M.
7:20P . M.
Attending the meeting were:
Under Secretary Nicholas Katzenbach
AID Administrator Bill Gaud
Under Secretary of Treasury Joe Barr
Eugene Black
Ambassador Zagorian
Walt
- has not made any formal request of the
Congress, and he first wants to get their comments.
Black said this would be bait to bring in other countries. He noted that
this type of program is better than making foreign aid grants.
Senator Tom Kuchel asked
- Foreign aid
- Wilson said if the
Franc is devalued 15%, the pound would be under great pressure. The
meeting of ten in Bonn on British urging. But after it was called, Jenkins
said (after the new German tax was announced) it should be called off.
Fowler felt we had
- would know where each stood.
R ep. Ullman - The S peaker --
S aid h e would g ive ev e ry s u p port h e coul d.
Made following points:
1. No tax bill is popular.
~
GONFIDEMTL"..L
C OWFIDENTiAL
-6
2. We are faced with desperate
- .
But the feeling that Europe is not carrying its fair share of the world's
burdens is strong. Neither Europe nor America should take each
other for granted. We must work every day to nurture every strand
of partnership, either in monetary affairs, aid to developing
- . The cuts
should include programs which he considers among his best programs,
e.g., Federal Aid to Education.
Mahon would then try to get his Committee to endorse those specific
cuts.
He recognized the risk -- that the President would make cuts on
his own