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- ia perceptible in tho respective poGi•
t1ona, tc.lks at this level have probably gone about as to.r aa tboy can.
The ErhBrd-Wilson meeting, which aa fer e.1 we knov hBa not yet been
rescheduled, bes been looked et es the first opportunity for top
- consideration by the end of
this month so that there · may be time for careful consideration
and decision before my meeting with Prime Minister Wilson on
December 7 and 8.
SECRE':F
THE WHITE HOUSE
WASHINGTON
November 14, 1964
r
&EGRET ,
NATIONAI,, SECURITY
- .
The UK Financial Problem
The drastic deflationary measures taken by the
Wilson Government are at last turning around the UK balance- of
payments deficit and sterling is for the momen t strong. Although
the UK must still make large repayments to t he IMF