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- and
states to borrow money and will have a shattering impact on the home
building indus try.
With a tax increase in the first half of calendar 1968, the Federal
government will put $2. 5 billion in ca sh into the market.
2. Interest Rates are starting to soar
- by)
To Oval Office.
w/ Secy Freeman
Freeman
(Secy
Orville) out and Watson in
Secy Fowler
Walt Rostow
Mary Slater Beck - at home ill today
To mansion w/ George Christian -sighing, and saying, "Well, we've had a day, haven't we, George!"
-- and LUNCH w
- to the U. K. should serve as a lesson to us.)
S\:f\\f
GONFIDE N l'IA L
~G Ol'J"FIDEMTIA L
-2
c. Confidence in financial markets which was at the
basis of prosperity at home and abroad.
We have two basic means of dealing with this new