General and Financial and Monetary Policy


211. Telegram From Prime Minister Wilson to President Johnson

[Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [2 of 2], Box 22. Top Secret. 1 page of source text not declassified.]


212. Telegram From Prime Minister Wilson to President Johnson

[Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [2 of 2], Box 22, Top Secret. 1 page of source text not declassified.]


213. Telegram From the President’s Special Assistant (Rostow) to President Johnson, in New York

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [2 of 2], Box 22. Secret. Drafted on November 19. President Johnson was in New York on the evening of November 19 to address the National Urban League.


214. Telegram From the Embassy in Germany to the White House

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [1 of 2], Box 22. Secret. The source text, identified as “Bonn Telecon Nbr 20,” bears no additional information on the place of transmission, but the telegram was received in parts at the White House on November 20 beginning at 8:25 p.m. (Washington-Bonn Telecon Chronology of Events for November 20; ibid.)


215. Telegram From the Embassy in Germany to the White House

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol, 1 [2 of 2], Box 22. Secret; Sensitive. The source text, identified as “Bonn Telecon 21,” bears no additional information on the place, date, or time of transmission, but the telegram was received at the White House on November 21, 10:34 a.m., as identified in the Washington-Bonn Telecon Chronology of Events for November 21. (Ibid.)


216. Telegram From the Embassy in Germany to the White House

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [2 of 2], Box 22. Secret. The source text, identified as “Bonn Telecon 24,” bears no additional information on the place, date, or time of transmission, but the telegram was received at the White House on November 21, 2:53 p.m., as identified in a Washington-Bonn Telecon Chronology of Events for November 21. (Ibid.)


217. Telegram From the Embassy in Germany to the White House

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [2 of 2], Box 22. Confidential; Limdis. The source text, which bears no telecon number or information on the place, date, or time of transmission, appears to be a continuation of Bonn Telecon 24 (Document 216), although the classification is different.


218. Telegram From the Embassy in Germany to the White House

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [1 of 2], Box 22. Secret. The source text, identified as “Bonn Telecon 25,” bears no additional information on the place, date, or time of transmission, but the telegram was received at the White House on November 21, 4:55 p.m., as identified in the Washington-Bonn Telecon Chronology of Events for November 21. (Ibid.)


219. Telegram From the Embassy in Germany to the White House

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [1 of 2], Box 22. Secret. The source text, identified as “Bonn Telecon 27,” bears no additional information on the place, date, or time of transmission, but the telegram was received at the White House on November 22, 9:37 a.m., as identified in the Washington-Bonn Telecon Chronology of Events for November 22. (Ibid.) Attached to the source text is a memorandum from Rostow to President Johnson, November 22, 9:45 a.m., which notes that Rostow would be forwarding shortly “the stand-by credit package.” This package would “not require formal Presidential approval, but I am sure you will wish to see exactly what is being negotiated.”


220. Paper by the President’s Special Assistant (Rostow)

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [1 of 2], Box 22. Secret. An attached memorandum from Rostow to President Johnson, November 22, 10:10 a.m., notes that the paper printed here outlines the credit package referred to in paragraph 3 of Fried’s message (Document 219). The source text is apparently the retyped verbatim text of a telegraphic message sent by Fried to Rostow in a Bonn telecon, but this message has not been found.


221. Memorandum for the Record

Source: Johnson Library, National Security File, Subject File, Monetary Crisis, November 1968, Cables and Memos, Vol. 1 [1 of 2], Box 22. Secret. Drafted by Fried on November 26. A transcript of a tape recording of this meeting, which provides additional detail and context, indicates that the meeting was held in the Cabinet Room of the White House. Unlike the memorandum printed here, the time of the meeting given on this transcript is 1:25 to 1:53 p.m. It begins at the outset of the meeting and concludes when the participants go to lunch. (Johnson Library, Transcripts of Meetings in the Cabinet Room) Notes of the same meeting, which were probably derived from the same tape recording and which cover only approximately the first half of the discussion, are labeled “President Johnson’s Notes …,” but more likely they were notes prepared for him. (Ibid.)


222. Record of Meeting of the National Security Council

Source: Johnson Library, Transcripts of Meetings in the Cabinet Room. No classification marking. The source text, which is a transcript of a tape recording, bears no transcribing or drafting information. The file folder in which the source text was enclosed identified the conclusion of the transcript as 1:18 p.m. Notes of the same meeting, which were probably derived from the same tape recording, cover Fowler’s report on the monetary situation in only a paragraph but provide extensive coverage of the discussion on Vietnam and the Middle East. Although labeled “President Johnson’s Notes …,” more likely they were notes prepared for him. (Ibid.) Draft minutes covering only the discussion of international financial matters at this NSC meeting, dated November 25, are ibid., National Security File, Fried Files, Chron, October 1–November 30, 1968, Box 3.


223. Message From the British Chancellor of the Exchequer (Jenkins) to Secretary of the Treasury Fowler

Source: Johnson Library, Fowler Papers, International Countries: United Kingdom, 1968, Box 40. No classification marking. Attached to the source text is a December 9 letter from E. W. Maude, Economic Minister at the British Embassy in Washington, to Fowler, indicating that Jenkins had asked him to deliver the message to Fowler.