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- OF THE MEETING OF THE PRESIDENT
WITH
SECRETARY McNAMARA
UNDERSECRETARY KATZENBACH
WALT ROSTOW
GEORGE CHRISTIAN
eeP¥AIGf:il'Ei
P.. liEatioA Raew~ires
~i;;;,f CefS~ri~ht
:
·
ornaa o nson
September 19, 196 7
Cabinet Room
The President read a tally sheet
- the Republicans are on poor constitutional grounds and
ultimately will be hurt politically.
The President declined to discuss Senator McCarthy or other political
questions.
Theis asked the President to read a letter from Bob Thompson pro
posing that the President
-
of it. The British Treasury may make some good sounds.
The President:
After reading DeGaulle's speech and seeing market
performance, would you say it is likely to be successful?
Secretary Fowler: I would say so for now.
The President:
It could hold
- : (Read Wilson's cable). I don 1t think the Germans will do
anything. Credit packages don 1t last long. The Germans won't do anything
SERVICESET
- 3
to upset a farmer. You know what happens if farmers lose a few tnarks.
They hang themselves
- confidence in the dollar through demonstrating fiscal
responsibility and other constructive measures to improve the
balance-of-payments position. Read concluding portion of state
ment he made at November 16 press conference announcing
programs to strengthen
- read letter which made two central points.)
1.
A tax increase bill has not b een introduced in either House .
2.
Unc e:r:tainty is causing financial disruption with serious consequences for the economy and our international position.
Senator