151. Memorandum From the President’s Special Assistant (Rostow) to President Johnson

Source: Johnson Library, National Security File, NSC History, Gold Crises, Nov. ′67–Mar. ′68, Box 54. Secret. Drafted by Edward R. Fried.

152. Memorandum From the President’s Special Assistant (Rostow) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. IV, January 1967 [2 of 2], Box 3. Secret; Sensitive. A handwritten note on the source text reads: “Rec’d 11:45 a.”

153. Editorial Note

154. Notes of Meeting

Source: Johnson Library, National Security File, Fried Files, Chron, September 1, 1967–November 30, 1967 [1 of 2], Box 2. Confidential. Drafted by Fried on November 19 for Rostow.

155. Telegram From the President’s Special Assistant (Rostow) to President Johnson in Texas

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. V [2 of 2], Box 3. Secret. The telegram was received at the LBJ Ranch in Texas at 2:10 p.m. on November 22.

156. Memorandum From the President’s Special Assistant (Rostow) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. V [2 of 2], Box 3. Secret.

157. Memorandum From Secretary of Commerce Trowbridge to Secretary of the Treasury Fowler

Source: Washington National Records Center, RG 40, Executive Secretariat Files: FRC 74 A 30, Treasury. Official Use Only.

158. Memorandum From the President’s Special Assistant (Rostow) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. IV, January 1967 [2 of 2], Box 3. Secret; Sensitive. The time is taken from another copy of the memorandum, which bears the typewritten initials “ERF” at the bottom left, indicating that Fried probably drafted it for Rostow’s signature. (Ibid., NSC History, Gold Crises, Nov. ′67–Mar. ′68, Box 54) A handwritten note on the source text reads: “Rec’d 6:16 p.”

159. Circular Telegram From the Department of State to All Posts

Source: Department of State, Central Files, FN 10. Unclassified. Drafted by F. Lisle Widman (Treasury) on December 16 and approved by Lawrence J. Kennon (E/OMA). The statement in the telegram is identical to a draft statement that had been worked on with the Europeans. This draft is attached to a memorandum from Rostow to the President, December 15, 9:20 p.m., in which Rostow noted that the Europeans were to give their final approval on the morning of December 16 and, if all went well, the statement would be released on the afternoon of December 16. (Ibid.)

160. Memorandum From the President’s Special Assistants (Rostow and Califano) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. IV, January 1967 [2 of 2], Box 3. Secret; Sensitive.

161. Minutes of Meeting of the Cabinet Committee on Balance of Payments

Source: Johnson Library, White House Central Files, Confidential File, FO 4–1, Balance of Payments (1967–1969). Confidential; Eyes Only. Drafted by John R. Petty. A list of 29 participants is not printed. The meeting was held at the Treasury Department. Four attachments, none printed, are as follows: A, “Possible Trade Account Action with Regard to Border Tax Adjustments, 12/21/67: Alternatives I and II; and Background Discussion;” B, “Table: Year-by-Year Record of Commerce Program, 708 Firms, 12/18/67;” C, “Table: Outflows to Less Developed Countries (708 Reporting Companies), 12/21/67; and D,” Tables: Reserve Increase of $100 Million or More in Past Three Years; Reserves of NATO Countries; and Reserves of Selected Countries, dated 12/21/67.”

162. Telegram From the President’s Special Assistant (Califano) to President Johnson in Thailand

Source: Johnson Library, National Security File, Subject File, 1968 Balance of Payments Programs, Cables [2 of 2], Box 4. Secret. Drafted on December 22 and sent to the President who was then in Korat, Thailand. During December 19–24, the President visited Australia to attend the funeral of Australian Prime Minister Holt and then continued around the world, stopping in Thailand, Vietnam, Pakistan, the Vatican, Italy, and the Azores. (Johnson Library, President’s Daily Diary)

163. Telegram From the President’s Special Assistant (Califano) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. IV [1 of 2], Box 3. Unclassified. Drafted on December 22 and sent to the President, who was probably aboard Air Force One en route from Vietnam to Pakistan. (Johnson Library, President’s Daily Diary)

164. Message From President Johnson to the President’s Special Assistant (Califano)

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. V [2 of 2], Box 3. No classification marking. The source text bears no indication of how the message was transmitted.

165. Telegram From President Johnson to the President’s Special Assistant (Califano)

Source: Johnson Library, National Security File, Subject File, 1968 Balance of Payments Programs, Cables [2 of 2], Box 4. Secret; Flash. The source text does not indicate the sending location, but the telegram was probably transmitted from Rome or the Vatican where the President visited the evening of December 23. (Johnson Library, President’s Daily Diary)

166. Telegram From President Johnson to the President’s Special Assistant (Califano)

Source: Johnson Library, National Security File, Subject File, 1968 Balance of Payments Programs, Cables [2 of 2], Box 4. Secret; Flash. Regarding the transmission of this telegram, see footnote 1, Document 165.

167. Editorial Note

168. Telegram From the Department of State to the Embassy in the United Kingdom

Source: Department of State, Central Files, POL UK-US. Secret; Exdis; Flash. Drafted at the White House, cleared by Jeanne W. Davis (S/S) and Leddy (EUR), and approved by Enders (M).

169. Telegram From the Embassy in Japan to the Department of State

Source: Department of State, Central Files, FN 12 US. Secret; Exdis. Repeated to Canberra.

170. Telegram From the President’s Special Assistant (Rostow) to President Johnson, in Texas

Source: Johnson Library, National Security File, Memos to the President, Walt Rostow, Vol. 56 [2 of 2], Box 26. Secret.

171. Telegram From the President’s Special Assistant (Rostow) to President Johnson, in Texas

Source: Johnson Library, National Security File, Subject File, 1968 Balance of Payments Program, Memos and Miscellaneous [2 of 2], Box 4. Secret. The telegram was received at the LBJ Ranch Communications Center on January 5 at noon (CST).

172. Telegram From the President’s Special Assistant (Rostow) to the President, in Texas

Source: Johnson Library, National Security File, Subject File, 1968 Balance of Payments Program, Memos and Miscellaneous [2 of 2], Box 4. Secret. The telegram was received at the LBJ Ranch Communications Center on January 5 at 8:12 p.m. (CST).

173. Telegram From the President’s Special Assistant (Rostow) to President Johnson, in Texas

Source: Johnson Library, National Security File, Subject File, 1968 Balance of Payments Program, Memos and Miscellaneous [2 of 2], Box 4. Secret. The telegram was received at the LBJ Ranch Communications Center on January 6 at 4:25 p.m. (CST). A handwritten note at the top of the source text reads: “Jones told B. Smith.”

174. Report by the Under Secretary of State (Katzenbach), the Under Secretary of the Treasury for Monetary Affairs (Deming), and the Special Representative for Trade Negotiations (Roth) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. V [2 of 2], Box 3. Secret. No drafting information appears on the source text. The text of this report was sent to the LBJ Ranch in telegram CAP 80173, January 7. (Ibid., 1968 Balance of Payments Programs, Memos and Miscellaneous [2 of 2], Box 4) Katzenbach also prepared a country-by-country summary of his European meetings, which was derived from his telegraphic messages. This summary was transmitted under cover of a letter from Katzenbach to Representative Mills, January 16. (Department of State, Central Files, ORG 7 U)

175. Memorandum From the Under Secretary of State for Political Affairs (Rostow) to Secretary of State Rusk

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. V [2 of 2], Box 3. Secret. The source text is a copy sent to Walt Rostow at the White House, whose handwritten notation on the source text directed Lois Nivens, a secretary at the White House, to provide a copy for Fried “for urgent comment & discussion.” In a January 8 memorandum to Fowler, Sam Y. Cross and Robert G. Pelikan, two Treasury officials who accompanied Rostow, provided another report on this trip. (Johnson Library, Fowler Papers, International Balance of Payments—Classified Material: 1968 Balance of Payments—Cables, Box 44)

176. Telegram From the Department of State to the Embassies in Germany, Belgium, France, Italy, and the Netherlands

Source: Department of State, Central Files, FN 12 US. Confidential; Immediate. Drafted by Enders (M) on February 3; cleared by Solomon (E), Leddy (EUR), Henry L. Heymann (S/S), Deming, Roth, and Fried; and approved by Katzenbach. Sent to Brussels also for USEC and Paris also for OECD.

177. Telegram From the Department of State to the Embassy in France

Source: Department of State, Central Files, FN 12 US. Secret; Exdis; Immediate. Drafted by Enders on February 3; cleared by Solomon, Leddy, Henry L. Heymann, Deming, Roth, and Fried; and approved by Enders.

178. Telegram From the Department of State to the Embassy in Germany

Source: Department of State, Central Files, ORG 7 U. Confidential; Exdis; Immediate. Drafted at the White House; cleared by Solomon, Leddy, Heymann, Deming, Roth, and Fried; and approved by Enders. Repeated to Paris for the Embassy and OECD.

179. Memorandum From the President’s Special Assistant (Rostow) to President Johnson

Source: Johnson Library, National Security File, Subject File, Balance of Payments, Vol. V [2 of 2], Box 3. Confidential. A handwritten notation next to the dateline on the source text reads: “Rec’d 12:28 p.”

180. Memorandum From Secretary of the Treasury Fowler to President Johnson

Source: Johnson Library, National Security File, Country File, United Kingdom, 2/7–9/68, Visit of PM Wilson, Briefing Book, Box 216. Secret; Sensitive.