Index

• Abrasive paper, 956
• Abs, Hermann J., 375, 377
• Abu Dhabi, 232
• Ackley, Gardner H., 84, 105, 170, 179n , 237n , 306n
  • Balance of payments, 2–5, 60–62, 77–78, 102–104, 230, 333, 465–469, 472–473, 475, 480
  • Border taxes, 458–459, 470
  • Cabinet Committee on the Balance of Payments, 6, 56n , 98–100, 184, 226, 244, 255
  • Exchange Stabilization Fund, 340
  • Mandatory controls on overseas investment 471
  • Protectionism, 966
  • Travel abroad by U.S. citizens, 264, 310–311, 325, 332
  • Voluntary Cooperation Program, 196, 200, 230, 333
• Adair, Edwin R., 943
• Adenauer, Konrad, 894, 897n
• Adjustment assistance, 65, 722, 761, 876, 885, 970
• Advisory Committee on International Monetary Arrangements. See Dillon Committee.
• Aerospace Corporation, 180
• Africa, 418, 653
• Agency for International Development (AID), 186, 246, 247, 285, 553, 613n , 628
  • Aid tying, 185–186, 254, 280, 402–403, 454
  • Delaying of aid until 1966 by, 205, 212
  • Export expansion, 8, 298, 426, 628
  • Latin American housing, financing for, 154
  • Procurement regulations of, 627
  • Spending targets for, 57–58, 165–166, 198, 205, 216–217, 234, 251, 268, 271, 279, 294–295
  • War on Hunger, 463
• Agger, Donald G., 439
• Agricultural products (see also Agriculture under Kennedy Round; Wheat):
  • Linear cut formula, inclusion under, 616
  • Pre-Kennedy Round GATT negotiations regarding, 614–622
  • Support levels for, 614–617
  • Task force on exports of, 223
  • Trade barriers on, 52, 235
  • U.S. exports of, 161, 207, 223, 249, 463, 770
• Agriculture, U.S. Department of, 13n , 657–811, 846, 874, 880, 961
  • Economic Research Service, 691
  • Export expansion, 246, 625–626
  • Foreign Agricultural Service, 863
  • Kennedy Round, 690–692, 836–838, 840–841
  • Sales promotion activities of, 296
• Aid tying, 185–186, 254, 280, 402–403, 454
• Aiken, George D., 863–864
• Aircraft exports, 95, 157, 266, 424, 567, 770–771
• Airfares, 221, 324, 515–516, 521, 549–550
• Albert, Carl, 478, 934n
• Alliance for Progress, 327
• Allied Chemicat 778
• Allott, Douglas, 609
• Allott Gordon, 965
• Aluminum, 254, 281, 787, 791, 796, 799, 807, 815, 896, 940
• American Bankers Association, 143, 200, 210, 276, 380n
  • “U.S. Gold Policy” paper, 401
• American Farm Bureau Federation, 857, 865
• American International Traders Index, 526
• American selling price (ASP) system:
  • British position, 761–763, 880, 900
  • EEC objections to, 798, 814, 943
  • Japanese-U.S. agreement on, 956, 959n
  • Legislation regarding, 549, 761, 780, 942, 954–957, 970, 973–974
    • Chemicals, 893, 898, 900, 907, 921, 934n , 937, 939
    • Congressional attitudes toward, 756, 881–884, 900, 921, 942–943
    • Footwear imports, 775, 887
  • Multilateral agreement on, 942–943, 959
  • Tariff-Commission study on, 753–757, 761, 776–779, 798, 801–802
  • Two-package approach to, 900, 907, 920–921, 923, 939, 942, 973
  • U.S. negotiating position on, 787–788, 827, 870–884, 893
  • Use of lowest pricing in, 774–777, 944
• American Smelting and Refining Company, 449
• Ammerman, Jim, 522–523
• Ampex, 449
• Amphenol Corporation, 449–450
• Anderson, Clinton P., 440
• Andrews, A., 971n
• Anglo-German Mixed Commission, 303
• Annual Farmers’ Review, 712
• Ansiaux, Hubert J. N., 335n , 388, 451–452, 576, 596
• Anthony, Robert N., 255, 319n
• Anti-dumping code, 623–625, 633–634, 673–674, 731, 763–764, 779–781, 791, 827, 940, 953–955, 959n
• Anti-trust exemptions, 102–105, 164
• Aoki, Frank T., 697, 870–871
• Appalachia, 911, 913, 963
• Argentina, 417, 556, 653, 732, 797, 854, 953
• Arms exports, 10
• Armstrong, William, 334
• Atlantic Passenger Steamship Conference, 516
• Atomic Energy Commission (AEC), 57, 247
• Auchincloss, Kenneth, 623n , 635n , 639n , 651n , 680n , 686n , 696n
  • Kennedy Round, 668, 670, 698, 711–713, 715–717, 720–725
• Australia (see also Australia and Australian subheadings under other subjects):
  • British sterling crisis, 435
  • Canadian investments in, 130
  • Direct U.S. investments in, 129, 138, 191, 195, 572
  • Exports from, 764, 945
  • Kennedy Round, 832, 838, 854, 908, 938
  • United States, relations with, 36, 128–133, 138–139, 156, 465n , 771, 945
• Austria, 22, 146, 252, 288, 480, 556, 570, 734, 832
• Automobile manufacture, 744–746, 748–752
• Automotive News, 749n
• Automotive parts, 79n , 688–689, 712, 723, 944
• Azores, 465n
• Bahamas, 326
• Bahrein, 232
• Baker, Howard, 963, 965
• Balance of Payments Advisory Committee. See under Commerce, U.S. Department of.
• Balance of Payments Information Committee, 192
• Balance of payments, U.S. (see also Gold):
  • Canada:
    • Effect of borrowing by, 92, 98, 105–110
    • Effect of economy of, 57
    • U.S. deficit with, 79–81, 84
  • Capital movements abroad, effect of. See Interest Equalization Tax; Investment, capital.
  • Contingency planning regarding, 199–201, 292
  • Delaying of expenditures until 1996, 192, 196, 199–200, 204–205, 209–212, 224
  • Export levels, 626–627
  • Export surplus in, 40, 57
  • Gore Amendment 74–75, 83, 88, 98, 106
  • Import quotas, effect on, 824–826
  • Improvements in, 60–62, 77–78, 272–273
  • International conferences held in the, U.S., effect ot 247
  • Official settlements concept, 182–183
  • Programs (see also Voluntary Cooperation Program):
    • Australian position, 138–139, 156, 479, 485, 492
    • British position, 113, 487–488, 498
    • EEC position, 491
    • French position, 114, 493–495, 498, 500
    • Italian position, 114, 491–492, 498
    • Moral suasion on corporations, 77–78, 89–92, 95–96, 99–100, 112–115, 120–123, 133–136
    • Netherlands position, 491, 498
    • 1965, 59n , 67, 102–104, 112–114, 138–139, 155–159, 162, 164n , 205–207, 209
    • 1966, 197, 208–209, 216–218, 222–224, 227–237, 239–246, 269–281, 273–275, 283, 287–288, 291–292, 295–296, 307
    • 1967, 304–315, 317–321, 330, 331n
    • 1968, 491, 498, 545
      • Announcements of, 440, 478–481, 571
      • Implementation of, 501–504, 548–556
      • Legislative agenda, 508n
      • Negotiations regarding, 503–511
      • Non-tariff barriers, 503–504
      • Notification of foreign leaders regarding, 479, 481–491, 493–500
      • Planning for, 403, 418–419, 424–433, 454–455, 461–462, 465–478
      • Prepayment of debt owed the U.S., 555
      • Press views of, 492–493
    • 1969, 612
      • Foreign Direct Investment Program, 552–553, 571–573
    • Norwegian position, 492
  • Public opinion on, 219
  • Quick-fix operations, 192, 196, 199–200, 204–205, 209–212, 224
  • Reports to the President on, 2–3
  • Results and estimates:
    • Longer-term trends, 85–86, 456, 466
    • 1964 results, 4–5, 13, 32–33, 73–74, 85, 625, 629
    • 1965, outlook for, 86–87, 213–214
    • 1965 results, 142–148, 159–160, 209–214, 230–231, 238
    • 1966, outlook for, 231, 269–270, 313–314
    • 1966 results, 264–265, 281–282, 285–286, 289, 293–295
    • 1967, outlook for, 314, 400–402
    • 1967 results, 399–400, 456
    • 1968, outlook for, 182, 402–406, 431–432, 456–457, 465–467, 472–473
  • Special report on, 428
  • Treasury leaks regarding, 101
  • United Kingdom:
    • Effect of economic crisis in, 57
    • Eximbank loan repayment, 161
    • Sales of U.S. securities by, 1–2, 199, 205, 212, 214, 239, 320, 456, 476
  • Vietnam war, impact of, 225–226, 239, 245, 255–256, 270, 275–277, 284–286, 361, 491–492
• Balderston, C. Canby, 156
• Ball, George W., 23n , 139n , 179n , 299n , 631n , 645n , 701n , 843n
  • Agriculture support levels, 614–615
  • Anti-dumping code, 633
  • Balance of payments, 3, 77, 103–104
  • Cabinet Committee on the Balance of Payments, 6, 56n , 184, 196, 226, 255
  • Canada, 122–123, 206, 220, 688
  • Dominican crisis, 723–724
  • European Economic Community, 380
  • French-U.S. relations, 290n , 294
  • Group of Ten, 15, 19
  • International liquidity, 171
  • Kennedy Round, 668–672, 743, 759, 839–840, 844–845
  • Long-Term Arrangement Regarding International Trade in Cotton Textiles, 1962, 660, 762, 799
  • Protectionism, 659
  • Shipping rates, 181
  • Sterling crisis, 175–177
  • Task Force on Foreign Economic Policy report, 63–66
  • Trade policies of the U.S., 846, 874
  • Travel abroad by U.S. citizens, 59n , 84, 221, 264
  • U.S. military spending, 185, 220
  • Voluntary Cooperation Program, 1966, 120, 122–123, 229–230
• Bananas, 852
• Bank for International Settlements (BIS), 16–18, 48, 390, 535n , 564, 569–570, 593, 597–598, 609
• Bank of Canada, 110, 258, 531
• Bank of England, 212, 363, 422, 434, 487, 570
• Bank of France, 300, 363, 609
• Bank of Italy, 277
• Bank loans. See Borrowing.
• Banks (see also Federal Reserve Board):
  • Anti-trust exemptions for, 102–105, 164
  • Dollar term loans by foreign branches of, 261–262
  • Foreign agency, 155–156
• Barnet, Sylvan M., Jr., 372
• Barnett, Robert W., 484, 545n
• Barr, Joseph W., 184n , 244, 248, 296, 388, 392, 440–441, 478–479, 521n , 576, 580n , 779–881
• Barre, Raymond, 560, 585, 593
• Bartley, Ammon O., 51n
• Barton Distilling Co., 449
• Barzel, Rainer, 140
• Base closings, 65
• Basle Agreement, 422
• Bator, Francis M., 74n , 75n , 98n , 124n , 133n , 172n , 174n , 284n , 289n , 299n , 306n , 319n , 368n , 384n , 651n , 680n , 701n , 809n , 819n , 824n , 839n , 892n
  • Agency for International Development, 295
  • Agricultural exports, 207
  • American selling price (ASP) system, 777–779
  • Balance-of-payments programs, 102–104, 199–201, 271, 278, 282–283, 291–292, 318, 330–333, 499
  • Cabinet Committee on the Balance of Payments, 184, 196, 198, 209, 226, 245, 255
  • Direct U.S. investment abroad, 222, 309, 334, 406–408
  • Gold cover requirement, elimination of, 534
  • International liquidity, 170–171, 377, 380–383
  • Kennedy Round, 897–898, 903, 959–960
    • Agriculture, 642–643, 668, 670–671, 690–692, 914
    • Bilateral talks, 915, 916n
    • Concluding phase of, 919–928, 931, 934–936, 941, 958–959
    • Positive lists, 899, 901–902
    • Submission of offers in, 743–744, 843–845, 886
    • U.S. strategies for, 888–890, 904–905, 908–910
  • Military expenditures, 185, 205, 408
  • Monetary conference, Chequers, January 1967, 334
  • Reserve assets, international, 348–350, 374–375, 392, 412
  • Special Trade Representative, appointment of, 872–873
  • Sterling crisis, 178–179
  • Trade policies of the U.S., 884–885
  • Travel abroad by U.S. citizen, 221, 264, 266–267, 311, 325, 332
  • Voluntary Cooperation Program, 192–193, 218, 225–226, 230, 235–238, 250
• Bauxite, 254, 281
• Behrman, Jack N., 627–628, 643n , 644n
• Belgium (see also Belgian and Belgium subheadings under other subjects), 43, 45n , 71, 114, 252, 288, 450, 491, 498, 502, 506–561, 570, 576, 813
• Bell, David E., 237n , 279n
  • Agency for International Development:
    • Aid tying in, 254
    • Delaying of aid until 1966, 212
    • Program for 1966, 228, 230, 239
    • Spending targets, 216–217, 251, 271, 295
  • Balance-of-payments programs, 3, 77, 104, 216–217
  • Cabinet Committee on the Balance of Payments, 6, 56n , 184–186, 226, 255
  • Cabinet Commimttee on Export Expansion, 9n
  • Military exports, 630
  • P.L. 480 agreements, 186
  • Task Force on Foreign Economic Policy report, 63
  • Taxatiqn on travel abroad by U.S. citizens, 264–267
  • U.S. exports to Latin America, 183
• Benelux, 676n
• Bennett, Wallace E, 965
• Benson, Edgar J., 584, 599, 604, 611
• Bent, Donn H., 712n , 753n
• Benzenoid chemicals. See under Industrial products under Kennedy Round.
• Berger, Samuel D., 847n
• Bergsten, C.Fred, 120n
• Berlin, 35, 37, 491
• Bernstein, Edward M., 174n , 182n , 534
• Bethlehem Steel, 750
• Bible, Alan, 965
• Biller, Joel W., 653n
• Biltchik, David E., 801n
• Bingham, Jack, 752
• Birds, exotic, 657
• Birkhead, J., 811n , 946n
• Black, John W., 81–82, 372–374, 385–386, 439–440, 522–523
• Black markets, 181, 221
• Blackman, Herbert N., 759
• Blessing, Karl, 17, 21, 113, 375, 377, 388, 562, 565, 576, 579, 609
• Blough, Roger M., 113, 623–624
• Blumenthal, W. Michael:
  • GATT pre-Kennedy Round negotiations, 618–619, 621–622
  • Kennedy Round, 712, 795–800, 803, 811, 819, 897, 903–905, 909–933, 934n , 955
    • Agriculture, 711, 716, 806, 851–855
      • Grains prices, 720–721
      • Guidelines for negotiations on, 646–651, 662–666, 669–672, 682, 718
      • Meats, 914
      • Submission of offers in, 743–744, 804, 844
    • Antidumping code, 780
    • Bilateral trade agreements, 957, 959n
    • EEC exceptions list, 708
    • EEC-U.S. talks on, 861–862, 866–867
    • Industrial products, 807
    • Japanese-U.S. talks, 829–830, 870–872, 950
    • Less-developed countries, role of, 653
• Boggs, Hale, 440, 442, 445, 479, 934n
• Bonds, 79–81, 257
• Borch, Fred J., 115, 148n , 414–415
• Border taxes. See under Taxation.
• Borrowing:
  • Bank loans, 62, 64, 78, 92, 95, 99, 133–136, 200, 209
  • British, from U.S. sources, 199–200
  • Canadian, from U.S. sources, 92, 98, 103, 105–110, 124–125, 199–200, 206, 212, 233–234, 262
  • Japanese, from U.S. sources, 57, 88, 92, 259
  • by LDC subsidiariess of foreign corporations, 260–261
  • Long-term, 42–43, 163, 233–234
  • Non-bank loans, 88, 90, 99–100, 158–159, 233
  • Non-export credits to developed countries, 315
  • Western European, from U.S. sources, 113, 462
• Bowie, Robert, 334n
• Bowman, Joseph M., 478, 779, 883
• Bradfield (Treasury), 172n
• Brandt, Willy, 329, 357, 488–490, 578
• Brazil, 153, 277, 287, 406, 417, 653, 732, 832, 852, 854
• Bretton Woods Agreement, 1946, 126, 381, 389, 583, 586
• Brewster, Helen L., 727n , 730, 829n , 946n
• Brimmer, Andrew, 119n , 148n , 149, 181, 182, 184, 218, 245, 319n , 439, 463–464
• British Columbia Hydroelectric Project, 88, 108
• British Commonwealth of Nations, 53, 762–763, 765, 939, 954
• Brodie, Henry, 969
• Brooke, Edward, 963, 965
• Brooms, 888
• Brown, George, 927
• Brown, Weir, 459
• Bruce, David K. E., 484, 487, 928, 957–958
• Brunet, Jacques, 576–577
• Bucher-Johannesen, Olaf, 686
• Budget, Bureau of the, 68, 97
  • Export expansion, 298, 425
  • Meat import quotas, 657
  • Review Commitee for Balance of Payments Statistics, 182
  • Review of international transactions of Federal agencies, 11, 168–169, 198, 234, 247–248, 252, 295–296
  • Shipping of U.S. exports, 297
  • Voluntary Cooperation Program, 218
• Bullitt, John C., 2–3
• Bulova Watch Co., 868
• Bundesbank, 383, 401, 514, 565, 593, 598
• Bundy, McGeorge, 23n , 98n , 179n , 636n , 746n , 779n
  • Balance of payments, 3, 77, 103
  • Cabinet Commitee on the Balance of Payments, 6, 83–84
  • Canadian borrowing from U.S. sources, 106–110
  • GATT pre-Kennedy Round negotiations, 618
  • German offset arrangements, 141–142
  • Group of Ten, 15, 19
  • International liquidity, 170
  • Kennedy Round, 685, 723
    • Agriculture, 641, 668–672, 690–692, 702, 744
    • British-U.S. talks on wool textiles, 689–690
    • French-U.S. conflict in, 736
  • Mexico-U.S. trade agreements, 685
  • Public Advisory Committee on Trade Negotiations, 621
  • Sterling crisis, 177–179
  • Task Force on Foreign Economic Policy report, 63–66
  • Travel tax, 96–97
  • U.S. troop reductions in the German Federal Republic, 12
  • Voluntary Cooperation Program, 187, 225–226
• Burgess, Carter L., 115
• Burke, James A., 963
• Burt, Robert A., 779, 781
• Busby, Horace, Jr., 124n
• Business Council, 210, 450
• Button blanks, 887
• Byrd, 725, 934n
• Byrd, Harry F., 725, 965
• Byrd, Robert C., 864–865, 963
• Byrnes, John, 479, 881
• Cabinet Committee on the Balance of Payments, 2, 13, 76, 174, 284
• Balance-of-payment programs:
  • 1966, 208–209, 223–224, 230–237, 251–256, 269, 278–279, 282
  • 1967, 304–305, 313–317
  • 1968, 454
  • 1969, 571, 612
• Balance of Payments Information Committee, 192
• Contingency planning by, 199–201, 208
• Documents:
  • Balance of Payments Prospects and Policies, Dec. 1964, 56–60
  • Report to the President, undated, 1965, 85–96, 98
  • Report to the President, June 7, 1965, 159–168, 213–214
  • Summary and Recommendations, undated, 1964; 7–11, 14
• Executive Committee, 195, 208, 249, 251–254, 306–307, 320
• Export expansion, 355, 432, 525, 530, 693, 769
• Import quotas, 824
• Meetings:
  • May 4, 1964, 6–7
  • Aug. 18, 1965, 179–183
  • Sept. 30, 1965, 194–199, 202, 208
  • Oct. 18, 1965, 194–195
  • Nov. 16, 1965, 182, 223
  • Nov. 24, 1965, 226–229
  • Mar. 25, 1966, 244–250, 271, 278, 824
  • Apr. 19, 1966, 255–256
  • July 14, 1966, 293–298
  • Dec. 5, 1966, 306–311
  • Jan. 4, 1967, 319–326
  • Jun. 28, 1967, 402
  • Aug. 10, 1967, 402, 406, 407n , 430
  • Nov. 9, 1967, 427, 429
  • Dec. 21, 1967, 456–465
• Meetings with the President, 6–7, 12, 184–187
• Membership of, 3, 56n , 183
• Reviews of the current situation, 32–33, 83–84, 159–168
• Security issues, 193, 196–198, 201
• Voluntary Cooperation Program, 147, 152
• Cabinet Committee on Export Expansion, 9n , 525, 613–614, 625–627, 629–630, 667, 683
• Cabinet Committee for the Kennedy Round, 889
• Califano, Joseph A., Jr., 184, 507n , 934n
  • Balance-af-payments program for 1968, 440, 454–455, 465–472, 475, 478–479
• Callaghan, James:
  • Gold crisis, 482
  • Group of Ten Ministerial Meeting, July 1967, 388, 392
  • Monetary conference, Chequers, Jan. 1967, 328–330, 337
  • Sterling crisis, 177–178, 434, 440n
• Canada (see also Canada and Canadian subheadings under other subjects):
  • Agreements with the U.S.:
    • Air Transport Agreement; 1949, 107n
    • Trade in automotive products, Jan. 1965, 79n , 723
  • Australia, investments in, 130
  • Automotive parts dispute with the U.S., 79n , 688–689, 712, 723, 944
  • Balance of payments, 114, 120, 128
    • Meeting with the U.S., Nov. 19, 1965, 223
    • 1967 U.S. program, 306
    • 1968 U.S. program, 479, 485, 571
    • Surplus with the U.S:, 79–81, 84
  • Currency crises in, 531
  • Direct U.S. investments in, 121–124, 190–191, 240, 552–553
  • Economic situation in, 529
  • Estate tax rates in, 69
  • Gold production by, 474
  • Import duty reciprocity with the U.S., 518
  • Inflow of short term funds from, 13
  • Interest Equalization Tax exemptions, 26, 39, 58–59, 106, 123, 156–157, 163, 212–213, 262, 338, 340
  • Interest rate increases by, 10
  • International liquidity, 301
  • Japan, trade relations with, 946, 948
  • Kennedy Round, 549, 797, 831–832, 844, 908, 911
  • Long-term U.S. loans to, 199–200, 206, 233–234
  • Pulp and paper, 815
  • Securities issues by, 123–125, 197, 220, 224, 233, 258–259, 281–282, 285, 293, 466
  • Short-term U.S. investments in, 91, 136, 160, 165
  • Soviet wheat purchases from, 72, 109, 181
  • Sterling crisis, 435, 564, 570
  • Tourism market survey in West Germany, 520
  • Travel by U.S. citizens to, 248, 253, 325, 467–468, 518
  • Travel cost reductions, 521, 550
  • United Kingdom, loans to, 122–123, 611
  • United States, relations with, 36
  • U.S. exports to, levels of, 626–627, 770–771
  • U.S. military spending in, 185
  • U.S. travel taxes, 75, 242–243, 550
• Capital gains taxes, 69
• Capital movements, 38–39, 57–58, 195
• Caplan, Benjamin, 30n , 120n , 122n , 126n
• Caribbean Islands, 75, 242–243, 253, 325, 327, 467, 520
• Carli, Guido, 114, 388, 409, 561, 576, 586–587, 593
• Carlson, Frank, 811, 881, 925, 943, 965
• Carpets, 940, 960–961, 963–966
• Carstens, Karl, 578
• Carswell, Robert, 101, 124n
• Case, Clifford, 965
• Cashews, 854
• Caubet, Alice M., 340n
• Cement, 247
• Ceramics, 807
• Cereals. See Grains prices under Agriculture under Kennedy Round.
• Ceylon, 797, 832
• Chadwick, John E., 758
• Chamber of Commerce, 443
• Charter tours of the U.S., 234, 516–517, 520
• Chase, Gordon, 244
• Chase-Manhattan Bank, 466, 714
• Chemicals. See under Industrial products under Kennedy Round.
• Chenery, 2
• Chenowith, J. Edgar, 887
• Chequers meeting, Jan. 1967, 328–330, 334–338, 344
• Chile, 403, 732–733, 832
• China, People’s Republic of, 35
• China, Republic of, 245, 556, 853
  • Investment in the U.S. by, 252, 279, 288, 554
  • Offshore procurement, 246
• Christian, George E., 346n , 602, 606, 958
• Chrysler Corporation, 750
• Civil Aeronautics Board (CAB):
  • Charter flight regulation by, 520
  • Fare regulation by, 59, 324, 515
• Civil aviation:
  • Airfares, 221, 324, 515–516, 521, 549–550
• Clams, canned, 753–754, 776, 880–881, 956
• Clark, Joseph, 965
• Clark, Ramsey, 471
• Clayton, W. L., 712–715
• Clevite Corporation, 449
• Clifford, Clark, 465, 469, 602, 606
• Clothespins, 685
• Coal, 630, 761, 763–764, 813
• Cocoa, 53, 852
• Coconut products, 853
• Collective Reserve Unit (CRU), 47–48, 50
• Colman, John C., 368n
• Colombia, 403, 550, 556, 852
• Colombo, Emilio, 17, 21, 337, 357n , 363, 368, 371, 583, 586–588
• Colombo Plan Consultative Committee meeting in London, Nov., 1964, 51
• Commerce, U.S.-Department of:
  • American selling price (ASP) system, 757, 880
  • Anti-dumping code, 633n
  • Balance of payments, 4, 507n
    • 1967 program, planning for, 306–310, 314–315, 317–319, 331n
    • 1968 program, 424, 429, 431, 461–462, 478
  • Balance of Payments Advisory Committee, 134, 152, 314
    • Establishment of, 115, 119–120
    • Meetings of, 119–121, 148–150, 413–414, 418–419
  • British investments, 1
  • Bureau of Internationaf Commerce, 425, 524–530, 627
  • Business Advisory Committee, 297
  • Canada, 531, 689
  • Convertible bonds issued by U.S. corporations, 257
  • Direct and short-term investments, 95–96, 401
  • Economic/commercial career program, establishment of, 643–644, 654–656
  • Escape-clause actions, 961–966
  • Export expansion, 58, 298, 355–356, 454, 471, 523–530
  • Export financing, 76, 93
  • General Agreement on Tariffs and Trade, 811
  • Guidelines of, 157, 162
  • Kennedy Round, 836, 905
  • Meat import quotas, 657
  • Office of Business Economics, 182
  • Office of Foreign Direct Investment, 552–553
  • Shipping of U.S. exports, 297
  • U.S. Travel Service: Discover America program, conflict with, 372–374, 385–386
    • Expansion of, 298, 305, 520–521
    • Functions of, 280, 517–518
    • Funding for, 9, 221, 234, 253, 263, 268, 310, 322–323, 331–332, 521–523, 547
    • Travel Advisory Committee, 81–82
  • Voluntary Cooperation Program, 115–119, 184, 188, 192, 194, 200, 203, 403
  • Watches, 868
• Commercial and Financial Chronicle, 144
• Committee for Invisible Transactions, 71
• Committee on Trade in Industrial Products, 969
• Commodity agreements with less-developed countries, 53, 418
• Conable, Barber B., Jr., 963
• Concorde project, 28
• Confidentiality in market operations, 16
• Congo, Democratic Republic of the, 37, 367, 556
• Congress, U.S. (see also House of Representatives, U.S.; Senate, U.S.):
  • Acts of:
    • Agricultural Adjustment Act of 1937 (P.L. 137), 944
    • Agricultural Marketing Act, Amended, 1966 (P.L. 89-556), 296
    • Agricultural Trade Development and Assistance Act, see P.L. 480 below
    • Antidumping Act of 1921, 623n , 673–674, 730
    • Automotive Products Trade Act of 1965 (P.L. 89-283), 723, 973
    • Buy American Act of 1933, 645, 730, 813
    • Clayton Act of 1914, 749
    • Customs Simplification Act of 1954 (P.L. 83-768), 623n
    • Customs Simplification Act of 1956 (P.L. 84-92), 753–754
    • Dent Fair Labor Standards bill, 967
    • East-West Trade Act, proposal for, 66, 851
    • Export Expansion Act, proposal for, 404
    • Foreign Service Act of 1946, 644.
    • Foreign Tax Investors Act, 275, 285–286, 320
    • Fowler Task Force bill proposal, 67–71, 234
    • Gold Reserve Act of 1934 (P.L. 73-86), 2, 343
    • Humphrey Bill, 633
    • Interest Equalization Tax Act of 1964 (P.L. 88-563), 8, 13, 26, 104, 74–75, 83, 88, 98, 106, 321, 338–340
    • Interest Equalization Tax Extension Act of 1967 (PL. 90–59), 393–394
    • Non-Immigrant Visa Act of 1968, 551
    • P.L. 67-10, 623n
    • P.L. 88-482, 658n , 659
    • P.L. 89-62, 166n
    • P.L. 90-267, 553
    • P.L. 90-269, 534n
    • P.L. 90-349, 542
    • P.L. 90-390, 568
    • P.L. 480, 8, 54, 186, 207, 220, 235, 458, 628
    • P.L. 630, 623n
    • Proclamation 3607 (P.L. 88-416), 9n
    • Revenue and Expenditure Control Act of 1968 (PL. 90–364), 974
    • Revised Tariff Schedules bill, 723
    • “See the U.S.A.” Resolution (P.L. 89-235), 373
    • Sugar Act, 853
    • Tariff Act of 1930 (P.L. 71-361), 753–754, 810, 819, 871
    • Tariff Classification Act of 1962 (P.L. 87-456), 877n
    • Tariff Schedules Technical Amendments Act of 1965 (P.L. 89-241), 754, 756, 877
    • Trade Expansion Act, 1962 (P.L. 87-794), see below.
    • Trading with the Enemy Act, 1917, 471
    • Ullman Resolution, 1964, 373, 385
    • Urban Mass Transportation Act of 1964 (P.L. 88-365), 66, 645–646, 659, 730
  • Adjustment assistance, 970
  • American Selling Price (ASP) system, 549, 761, 780, 942, 954–957, 970, 973–974
    • Chemicals, 893, 898, 900, 907, 921, 934n , 937, 939
    • Congressional attitudes toward, 756, 881–884, 900, 921, 942–943
    • Footwear imports, 775, 887
  • Anti-dumping actions in, 764, 780–781
  • Border taxes, 468, 470
  • EEC agricultural price supports, 705–706
  • Exchange Stabilization Fund, 341
  • Export expansion program, 93, 432–433, 524
  • Gold cover requirement, 44, 472, 534, 538
  • IMF reform, 367, 544
  • Import duty exemptions, 298
  • International liquidity, 383
  • International transactions of Federal agencies, 248
  • Kennedy Round briefing, 941–944
  • Protectionism in, 760, 913, 966–968
  • Relations with the Executive branch, 900, 903, 941
  • Special Drawing Rights plan, 544
  • Textile imports, 922
  • Trade Expansion Act, 1962 (P.L. 87-794), 65, 624–625, 637–639, 645, 650, 673, 877, 894, 909–910, 958
    • As authorizing power for negotiations, 944, 954–955
    • Escape-clause actions, 963
    • Extension of, 738–739, 802–803, 821, 848–851, 875, 884, 973–974
    • Hartke amendment, 722
    • Passage of, 934–935
    • Quantitative restriction items, 946
    • Section 201, 682–684, 747, 879, 913, 954
    • Section 202, 734–735, 747–748, 878–879, 954
    • Section 212, 735, 879
    • Section 213, 747–748, 818, 878–879, 954
    • Section 224, 878
    • Section 252, 863–864
    • Section 253, 954
    • Section 254, 954
    • Section 351, 640, 867–868
    • U.S. National Fruit Export Council position, 856, 859
  • Trade policies of the U.S., 874, 885
  • Travel abroad by U.S. citizens, 325
  • U.S. Travel Service, 385
  • Visa requirements, relaxation of, 518
• Connor, John T., 119n , 235n , 237n , 319n , 744n
  • American Selling Price (ASP) system, 777–778
  • Anti-trust exemptions, 102–104
  • Australian-U.S. relations, 133, 139, 156
  • Balance of payments, 77, 275, 767
    • 1966 results, 285–286
    • 1967, planning for, 306–309, 311–312, 314–315, 317–318, 320
    • Official settlements concept, 182
  • Cabinet Committee on the Balance of Payments, 183, 226, 244, 255
  • Canadian long-term borrowing, 206
  • Economy cars, manufacture of, 748n , 752
  • Escape clause actions, 867–870
  • Exchange restrictions on foreign tourists, 201
  • Export expansion, 246, 250
  • IMF quota increases, 126–127
  • Import 1ricreases, 296
  • Interest Equalization Tax, 321
  • International transactions of Federal agencies, 168
  • Intra-company pricing, 298
  • Joint Mexico-U.S. Trade Committee, 757–758
  • Kennedy Round, 723, 867–870
  • Moral suasion for capital outflow reduction, 96, 99, 115
  • Shipping ofV.S. exports, 181, 297
  • Special Trade Representative, appointment of, 873
  • Trade policies of the V.S., 846–847, 874, 884
  • Travel abroad by U.S. citizens, 81–82, 84, 196, 249, 265, 271, 324, 326, 332
  • Travel Advisory Committee, 81–82
  • U.S. investment in developed, countries, 83
  • U.S. Travel Service, 253, 372
  • Voluntary Cooperation Program, 120–122, 133–136, 149–152, 164–165, 187–188, 192, 194–198, 200, 210, 216–218, 222–223, 225, 227, 230, 236, 239–240, 250
• Conte, Silvio O., 622, 964
• Control Data Corporation, 449
• Convention for the Settlement of Investment Disputes, 417
• Cook, Don, 96–97
• Coombs, Charles, 335n , 423
• Cooper, Richard N., 172n , 239n , 244
• Copper, 367
• Copyrights, 735
• Corporations (see also Investment, capital):
  • Borrowing by LOe subsidiaries of, 260–261
  • Convertible bonds issued by, 257
  • Financing for U.S. subsidiaries abroad, 261–262
  • Repatriation of foreign earnings, 190, 195, 211, 455, 475
  • Short-term foreign assets of, 188–189, 195
  • Voluntary Cooperation Program reporting for, 164–165, 184, 250, 449–450
• Costa Rica, 403, 556
• Cotton, 677–678, 853
• Cotton, Norris, 943–944, 965
• Council of Economic Advisers, 172
  • Balance-af-payments program for 1968, 478, 507n
  • Exchange Stabilization Fund, 341
  • Export growth, 185, 194
  • General Agreement on Tariffs and Trade, 811
  • Meat import quotas, 657
  • Taxation, 95, 97, 271, 468
  • Voluntary Cooperation Program, 218
  • Wage guidelines of, 180
• Couve de Murville, Maurice, 493–494, 575
• Credit:
  • For countries with balance-of-payment problems, 64
  • For less-developed countries, 53–54, 628
  • U.S. domestic, 84
• Creel, Robert C., 51n
• Crockett, William J., 644–645, 654, 656n
• Cromer, Lord, 177, 204, 212
• Cross, Sam Y., 501n
• Cuban missile crisis, 74
• Cunningham, Glenn, 964
• Current Economic Developments:
  • Issue No. 758, 833–836
  • Issue No. 772, 338–340
  • Issue No. 779, 352–355
  • Issue No. 783, 386–387
  • Issue No. 785, 394–399
  • Issue No. 799, 551
  • Issue No. 800, 515–521
  • Issue No. 804, 548–556
  • Issue No. 810, 566–567
  • Issue No. 811, 568–569
• Curtis, Carl T., 479, 965
• Curtis, Thomas B., 725, 756, 778, 811, 881, 887, 925, 943
• Customs, Bureau of, 540, 756, 761, 774, 776
• Customs valuation (see also American Selling Price (ASP) system), 753–757
• Cyprus, 797
• Czechoslovakia, 785, 834
• Daane, J. Dewey, 15, 172n , 319n
  • Border taxes, 459–460
  • Cabinet Committee on the Balance of Payments, 245, 249
  • Deming Group, 455n
  • Direct U.S. investment abroad, 407
  • International Monetary Fund, 388, 391–392
  • Sterling crisis, 420, 423, 436, 558
  • Voluntary Cooperation Program, 250
• Dairy products (see also under Agriculture under Kennedy Round), 967
• Dale, William B., 15, 19, 172n , 290n , 362, 365, 576–577
• Davies, Rodger P., 847n
• Davis, Jeanne W., 481n
• Davis, W. True, 779, 781
• De Gaulle, Charles, 176, 381
  • EEC-French relations, 544, 736, 743, 759
  • Export tax rebates, 607
  • Franc devaluation, 575, 578, 610
  • German-French relations, 384, 605.
  • IMF quotas, 25
  • International gold standard, return to, 100–101
  • Kennedy Round, 736, 743
  • Reserve assets, international, 361, 363
• De Lattre, Andre, 22, 145
• De Strycker, C., 335n
• Dean, Patrick, 299n , 928
• Debre, Michel, 290, 413
  • International liquidity, 378, 381, 383
  • Monetary conference, Chequers, Jan. 1967, 328–329, 337
  • Reserve assets, international, 348, 367, 392
  • Special Drawing Rights, 541
  • U.S. balance-of-payments program for 1968, 493–495, 498, 514
• DeFelice, A. Richard, 651n , 698
• Defense, U.S. Department of, 613n , 868
  • American Selling Price (ASP) system, 880
  • Balance of payments, 192, 199, 245, 270, 285
  • Escape-clause actions, 961
  • General Agreement on Tariffs and Trade, 811
  • International transactions of, 247–248
  • Military exports, 153–154, 165, 629
  • Military Payments Certificates, 181
  • Military spending, 59, 165, 185, 279, 296–297
  • Offset arrangements, 140, 205–206, 252
• Deficits. See Balance of payments, U.S.
• Delaware subsidiary securities, 258, 306
• Deming, Frederick L., 299n , 319n , 337n , 348n , 368n , 447n , 505n , 508n
  • Balance-of-payments programs, 112–114, 292, 469, 479, 487–490, 493–500, 513
  • British Export-Import bank loans, 224
  • Cabinet Committee on the Balance of Payments, 184, 244, 248
  • Canada, 108–109, 206
  • Direct investment abroad, 408, 471
  • Gold, 362–363, 534
  • Interest Equalization Tax, 321
  • International liquidity, 170–171
  • International monetary crisis, 562, 573, 586–587, 602, 606
  • Military expenditures, 461
  • Monetary conference, Chequers, Jan. 1967, 329, 334
  • Prepayment of European debt, 276, 279, 288
  • Reserve assets, international, 346, 352–354, 374–375, 388–390, 392
  • Sterling crisis, 175, 178–179, 436, 438, 440–441, 563–565, 573.
  • Travel abroad by U.S. citizens, 326
  • Voluntary Cooperation Program, 193
• Deming Group, 178n , 193, 335n , 344n , 345n
  • Balance-of-payments program, 455
  • Establishment of, 172–174
  • Special Drawing Rights, 542
  • Sterling, contingency support for, 423
• Denman, Roy, 758, 760–764
• Denmark, 554, 570, 683n , 709, 832, 854
• Dequae (Belgium), 21
• Diaz Ordaz, Gustavo, 327
• Dicyandiamide, 912–913
• Dillon, C. Douglas, 12n , 56n , 631n , 677n
  • Anti-dumping code, 633–634, 673–674
  • Anti-trust exemptions, 102–103
  • Australian-U.S. relations, 133, 139
  • Balance of payments, 3–5, 13, 32–33, 73–74, 77, 101, 102–104, 142–148, 213, 629
  • Cabinet Committee on the Balance of Payments, 6–7, 85n , 98
  • Cabinet Committee on Export Expansion, 9n
  • Canada:
    • Automotive parts dispute, 688–689
    • Borrowing, 103, 107, 124–125, 212
    • Direct U.S. investment in, 121–124
  • Exchange Stabilization Fund, 1–2
  • Export expansion, 693–694
  • Gold, 100, 137, 533–534
  • Group of Ten Ministerial Meeting at Paris, June 15-16, 1964, 15–25
  • IMF quota increases, 126–127
  • Kennedy Round, 666, 926
  • Resignation of, 147n
  • Task Force on Foreign Economic Policy report, 63–66
  • Task Force on Promoting Increased Foreign Investment and Increased Foreign Financing report, 66–71
  • Travel tax, 96–97
  • Voluntary Cooperation Program, 403
• Dillon Committee, 174, 300, 344, 365, 416, 499, 533–534, 544n
• Direct U.S. investment abroad. See Investment, capital.
• Dirksen, Everett M., 479, 875, 882–883, 925
• Disarmament, 610
• Discover America program, 234, 264, 322, 324
  • U.S. Travel Service conflict with, 372–374, 385–386
• Dodd Thomas, 963, 965
• Dollar, U.S. (see also Gold):
  • Financing of local currency costs with, 246
  • As reserve currency, 44, 46–47
• Dominican Republic, 161, 165, 205, 224, 723–724, 832, 852
• Donnelly, 236
• Donnor, Frederic G., 745
• Dorn, W.J. Bryan, 962, 964
• Douglas, Paul, 185, 756, 778
• Douglas Committee, 181, 249
• Douglas-Home, Alec, 660
• Dow, John G., 887
• Duckwitz, Georg F., 489
• Duesenberry, 558
• Dumping. See Antidumping code.
• Duncan, John J., 887
• Duty-free imports. See Import duty exemptions.
• Dykman, Jan T., 546
• Eagleburger, Lawrence S., 933n
• Eakens, Robert, 614n
• East-West military reductions, 302
• Eaton, John, 758
• Eckstein, Otto, 205, 216–217, 222
• Economic/commercial career program, 643–645, 654–656
• Economy car manufacture, 744–746, 748–752
• Ecuador, 556
• Edmundson, Edmund, 963
• Egypt, 653
• El Salvador, 146, 556
• Elgin Watch Co., 868
• Elizabeth II, Queen, 28
• Ellington, Buford, 744
• Elliott, Frank, 857
• Ely, Michael E., 126n
• Emminger, Otmar, 21, 358, 360, 375–377, 384, 387, 409–410, 587, 593–594, 598
• Enders, Thomas O., 481n , 505n , 506, 508n , 545n , 726, 759, 892n , 936–937, 947n
• Engelhard, Charles W., 473n , 474n
• Engen, Hans, 686
• Engholm, Basil, 758, 765–767
• Ente Nazional Idrocarburi (ENI), 259
• Erdkamp, Sharon E., 122n
• Erhard, Ludwig, 380
  • Kennedy Round, 652, 687, 801
  • Military offset payments, 205, 211, 303
  • Visits:
    • Washington, June 1964, 616, 641–642, 643n
    • Washington, June 1965, 171
    • Washington, Sept. 1966, 303
• Ervin, Sam, 965
• Escape-clause actions, 639–640, 684n , 721, 730, 807, 867–870, 888, 942, 960–966
• Estate taxes, 69
• Ethiopia, 556
• European Coal and Steel Community (ECSC), 675–676, 734, 789, 799, 816
• European Economic Community (EEC)(see also European Economic Community and EEC subheadings under other subjects), 334, 480
  • Agricultural price supports, 614–617, 705–706
  • American Selling Price (ASP) system, 880
  • Balance of payments, U.S., 113, 502–503, 900
  • Common Agricultural Policy, 688, 700, 711, 856
  • Disparities rule, 635–636, 808, 812, 866–867, 892–893, 896, 932
  • Enlargement of, 875
  • EFTA, relations with, 715–716, 719, 762
  • Food aid to less-developed countries, 906
  • France, relations with, 544, 736, 743, 759
  • Fruit imports from the U.S., 856–857, 859–860
  • General Agreement on Tariffs and Trade, 433, 620
  • Germany, Federal Republic of, role in, 379, 760
  • IMF quotas, 20
  • Imports from less-developed countries, 53, 762
  • International monetary crisis, 584
  • Japan, trade relations with, 946, 948
  • Kennedy Round, 549, 663, 683, 832
  • Meetings of Finance Ministers:
    • Munich, Apr. 1967, 344–345, 347n , 348–349, 357, 360
    • Rome, June 1967, 363, 368
  • Monetary Committee, 335n , 337n , 358, 366, 368–369
  • Nigeria, trade agreements with, 724
  • 111 Committee, 803, 819, 932
  • Paper and pulp agreement with Scandinavia, 760–761, 788, 798–799, 814–815
  • Reserve assets, international, 344–345
  • Road taxes, 939, 942, 954, 973
  • Standstill rights agreement with the U.S., 957, 959n
  • Sterling crisis, 176, 435
  • Taxation, 404
  • Trezise mission, 505–506
  • Turkey, trade agreements with, 724
  • United States, relations with, 755
  • U.S. military expenditures in, 461
  • U.S. role in, 380
• European Free Trade Association (EFTA), 457, 549, 686, 707, 740, 835
  • EEC, relations with, 715–716, 719, 762
• European Investment Bank, 363
• European Monetary Agreement (EMA), 22
• Evans, John W., 653, 680, 702, 708
• Exchange controls, 158
• Exchange Stabilization Fund, 1–2, 342–343
  • France, credit line for, 601
  • German offset arrangements, 340–341
  • Sterling purchases by, 420, 422–423, 557–559
• Executive Orders:
  • 11007, 174n
  • 11132, 9n , 613
  • 11175, 26, 262
  • 11176, 26
  • 11198, 163
  • 11214, 721
  • 11368, 394
  • 11387, 478–480, 553
  • 11420, 568n
  • 11425, 974
• Expo 67, 325, 327, 466
• Export expansion (see also Export-Import Bank):
  • In Australia, 129–130
  • For balance-of-payment deficit reduction, 92–93, 118, 185, 189–190, 471
  • Credit guarantees for, 164n , 249, 627–628
  • Executive corps, establishment of, 693
  • Export survey 235, 625–626
  • Facilities for financing of, 404
  • Financing for, 154–155, 254
  • Five-year plan for, 523–530
  • Incentives for, 249, 321, 424–425, 433, 693–694
  • In-kind exports, 419
  • Joint Export Associations for, 425–426
  • In less-developed countries, 246
  • In new markets, 90
  • 1965 trade account, 767–774
  • Programs for promotion of, 58, 167, 355–356, 432–433, 454, 471, 529–530, 629
  • In soybeans, 311
  • State Department reorganization for, 247, 295
  • Targets for, 250, 525–526
  • U.S. trade mission for, 298
• Export Expansion Advisory Committee, 568–569
• Export-Import Bank (see also Export expansion), 613n
  • British loans from, 161, 192, 194, 196
  • Delaying until 1966, 199, 204–205, 212, 224
  • Canadian currency crisis, 531
  • Credit guarantees by, 164n , 471
  • Discount Loan Program, 554
  • Export financing by, 76, 93, 154, 424, 433, 498, 568–569, 628, 693
  • Interest rates of, 463–464, 628
  • Lending authority, increase in, 553–554
  • Limited rediscount facility established by, 280, 298, 426, 454
  • Military sales, 153–154, 207
  • National Interest Export Financing Special Account, 426–427, 454
  • Export performance, U.S., 767–774.
  • Export Trade Corporations, 425
• Fairchild Camera and Instrument Co., 449
• Falk, Ernest, 856–857
• Fanfani, Amintore, 491–492
• Far East, 89, 176, 881
  • Charter flights from the, 517
  • Investment in the U.S., 279, 288
• Fats and oils, 666, 669, 817
• Federal Maritime Commission, 93, 167
• Federal Register, 673
• Federal Reserve Board, 112, 172, 184
  • Aid tying, 185
  • Borrowing by LDC subsidiaries of foreign corporations, 259–260
  • Canadian currency crisis, 531
  • Export financing, 154–155
  • France, credit line for, 601
  • Gold, 43–44, 452, 535
  • Import financing, 297
  • Interest Equalization Tax, 26
  • Interest rates, 8, 70, 99, 105, 146, 328–330
  • Open Market Committee, 436
  • Regulation A, 75
  • Short-term capital movements, 39, 83
  • Sterling crisis, 423, 565
  • Taxation on travel abroad by U.S. citizens, 266
  • Voluntary Cooperation Program for banks, 163–164, 218
    • Guidelines for, 157–159, 162, 164n , 206, 250
    • 105% rule, 149–150, 153–154, 180, 194, 197, 200, 203, 209, 215, 227–228, 424, 773
    • Mandatory controls for, 462
    • 1966 revisions, 223, 232–233
    • 1967, program for, 315–318, 331n
    • 1968, program for, 405, 424, 429, 431, 483
    • Tightening of, 305, 309
• Feer, Mark C., 424n , 971n
• Feldman, Myer, 660, 690
• Ferras, Gabriel G., 16, 598
• Ferriter, John, 522–523
• Fessenden, Russell, 488–490, 513, 651
• Fina, Thomas W., 864n
• Finland, 201, 683n , 832
• Finner, Winn, 319n , 326
• Fischer, Fritz, 376–377
• Fish, 791, 796, 799, 939
• Fogarty, John E., 887
• Fong, Hiram, 965
• Food aid to less-developed countries:
  • British position, 53
  • Canadian position, 918
  • EEC position, 906, 917
  • Japanese position, 906, 930–931, 947–951
  • U.S. position, 54, 615, 917–918, 935, 947–948
• Footwear, rubber-soled, 753–754, 756–757, 761, 774–778, 880–883, 887, 939, 944
• Ford, Gerald, 443, 942
• Ford, Henry, II, 745, 926
• Ford Motor Company, 746, 750
• Foreign Credit Insurance Association (FCIA), 154, 554, 627
• Foreign Direct Investment Program, 552–553, 571–573
• Foreign Service Inspection Corps, 656
• Fowler, Henry H., 159n , 299n , 313n , 368n , 413, 447n , 581n
  • Agency for International Development, 295
  • American Selling Price (ASP) system, 774
  • Anti-dumping code, 780
  • Australian-U.S. relations, 156
  • Balance of payments, 503
    • Deficits in, 179–180
    • Mandatory program, possible, 187, 197–198, 200
    • 1966 outlook and corrections, 269–277, 283, 287–289, 291
    • 1967 outlook and planning, 304–312, 317–320, 400–404
    • 1968 program, 427–433, 456–457, 465–470, 472–473, 475–476, 478–480, 506n , 508n , 510–511
    • 1969 program, 571–573, 612
    • Program results, 147–148, 238, 319–320, 399–400
    • Vietnam War, effect of, 245
  • Cabinet Committee on the Balance of Payments, 184, 187, 226, 244, 255, 293–295, 297–298
  • Canada, 206, 220, 531
  • Deming Group, 455n
  • Direct U.S. investment abroad, 407–408, 463–465
  • Exchange Stabilization Fund, 340–343
  • Exports, 181, 183, 185, 297, 298
  • Flat-rate tariff proposals, 540
  • Foreign investment, 10n , 66–67
  • France, 289–290, 294, 559–563, 573, 576
  • Germany, Federal Republic of, 12, 141–142, 246, 303–304, 608–609
  • Gold, 289–290, 330, 362–363, 451–453, 533, 535–536, 537n , 538
  • Government stockpile disposal, 250
  • Group of Ten, 299, 388, 392, 394
  • Imports, 297, 532–533, 824
  • Interest Equalization Tax, 221–222, 311, 338, 464–465
  • International liquidity, 170–171, 174n , 300–301, 377–383
  • International monetary crisis, 575, 578–580, 582, 585–586, 588–595, 602–610
  • International transactions of Federal agencies, 168
  • Intra-company pricing, 298
  • Japan, U.S. military spending in, 220, 246
  • Less-developed countries, 463
  • Military expenditures, 219, 407–408
  • Monetary conference, Chequers, Jan. 1967, 328–330, 334–337
  • Official settlements concept, 183
  • Protectionism, 966n
  • Reserve assets, international, 344–349, 357, 363, 365–371, 376, 389–391, 412, 416–418
  • Special Drawing Rights, 541, 544n
  • Taxation, 441–446, 458–460, 467–468, 470
  • Travel abroad by U.S. citizens, 248–249, 263–268, 286–287, 310–311, 325, 331–333
  • United Kingdom, 199
    • Sterling crisis, 175, 177–179, 434–437, 440–441, 512–513, 569–570, 573
    • U.S. support for sterling, 419–423, 557–559, 563–565, 566n
  • U.S. Travel Service funding, 253
  • Voluntary Cooperation Program, 192
    • Program for 1966, 216–218, 222–225, 227–229, 236–237, 239, 251n
    • Tightening of, 194–196, 200, 202–204, 448
  • Wage-price stability, 180
• Fox, Lawrence A., 355n , 759, 761
• Foy, Fred C., 194
• France (see also France arid French subheadings under other subjects):
  • Attack on the U.S. dollar, 24
  • Coal, 813
  • Concorde project, 28
  • Debt owed the U.S., 252, 279, 288, 294
  • Devaluation of the franc, 558–564, 570, 573–576, 577–581, 587, 595, 597–598, 600, 602–606, 610
  • Estate tax rates in, 69
  • EEC relations, 544, 736, 743, 759
  • Finance Ministry reorganization, 145
  • Foreign economic policies of, 300
  • Fruit imports by, 856
  • Germany, Federal Republic of, relations with, 380, 384, 605, 608–609, 692
  • Group of Ten, 45n , 601
  • Overseas territories of, U.S. aid to, 185
  • Political situation, 183, 807
  • Prohibition of whiskey advertisements in, 813
  • Protectionism in, 494
  • Purchases of gold by, 72, 137, 146, 161, 287–290, 300, 400
  • Reduction of U.S. employees in, 556
  • Reserves reduction by, 502
  • Sterling crisis, 143–144, 175, 435, 438
  • Trezise mission, 506
  • United Kingdom, relations with, 28, 760
  • U.S. military relations with, 10n , 294
• Franco-German Treaty on Organization and Principles of Cooperation, Paris, 1963, 380
• Frank, Joseph, 972
• Freeman, Orville, 9n , 631n
  • Cabinet Committee on the Balance of Payments, 183
  • GATT negotiations, pre-Kennedy Round, 618–619
  • Kennedy Round, 723, 741, 744, 748, 905, 941
    • Agriculture, 670, 692, 702–703, 737–739, 836–841, 843–845, 914, 922
    • Concluding phase of, 919, 926
  • Protectionism, 966
  • Special Trade, Representative, appointment of, 873
  • Support levels for agriculture, 614–615
  • Task force on agricultural exports, 223
  • Travel abroad by U.S. citizens, 331
• Fried, Edward R., 419n , 437n , 440, 448, 451n , 501n , 505n , 508n , 537n , 545n , 601n
  • Balance-of-payments program for 1968, 455, 465, 468, 478
  • Gold cover requirement, elimination of, 535, 539
  • International monetary crisis, 587, 589, 600, 602, 606
  • Special Drawing Rights, 541
  • Sterling crisis, 420, 423, 436, 558, 563, 565, 573–576
• Friedman, Milton, 378
• Fruit exporters, 856–860
• Fukada, Hiromu, 698
• Fulbright, J. William, 875
• Fulbright scholarship program, 94
• Fund of Funds, 259–260
• Futagoishi, Akitake, 698
• Garland, Allen H., 759
• Gates, Theodore R., 716, 759, 761, 774n
• Gates, Thomas S., 112
• Gaud, William S., 198, 306n , 319n , 463
  • Delaying of aid until 1966, 205, 212
  • Dollar financing of local currency costs, 244, 246
  • Offshore procurement, 246–247
  • Travel abroad by U.S. citizens, 310, 324, 332
• General-Agreement on Tariffs and Trade (GATT) (see also Kennedy Round):
  • Agricultural negotiations, pre-Kennedy Round, 614–622
  • Agriculture Committee, 619, 620n , 696
  • Article VI, 755, 791, 810, 953, 955
  • Article XXII, 825
  • Article XXIII, 856
  • Article XXIV: 6, 862
  • Article XXVI, 809–810
  • Article XXVIII, 665, 827–828, 830–831
  • British eight-point balance—of-payments program, 30
  • Cereals Committee, 619, 793, 852
  • Dairy Group, 794, 842–843, 852
  • Dillon Round, 619, 648, 669, 688, 715, 719
  • Flat-rate tariff proposal, 540–541
  • Geneva (1967) Protocol to, 955, 959, 970–971
  • Group on Dumping, 731, 791
  • Import quotas, 824–825
  • Korea, Republic of, accession to, 953
  • Less-developed countries, role of, 702, 724
  • Long-Term Arrangement Regarding International Trade in Cotton Textiles, 1962, 660, 677, 762, 799
  • Meats Group, 794, 841–842, 852
  • Ministerial meeting at Geneva, May 1963, 620n , 631n , 637n
  • Most-Favored-Nation clause, 724, 809
  • Part IV, 702, 733
  • Post-Kennedy Round agenda, 969
  • Preferential U.S. treatment of Canada, Mexico, and the Caribbean, 540–541, 550–552
  • Rules:
    • Border taxes, 457–458, 467–468, 476, 486, 489, 496–497, 507, 531
    • Countervailing duties, 427
    • Import duties, 532–533
    • Reexamination of, 405, 433, 485, 503, 556
    • Subsidies, 427
    • Taxes, 427
  • Subcommittee on LDC Participation, 653
  • Tariff Plan Subcommittee, 635n
  • Trade Negotiations Committee, 637, 646, 652–653, 711, 716, 730–732, 742, 783, 834–836
    • GATT Trade Negotiations report (CGT/801), 782–794
    • Trade Negotiations Committee report (L/2624), 820–823
  • Tropical Products Group, 730, 732, 818
  • U.S. definite acceptance of, 725, 809–811, 819–820
  • Working Party, 616
  • Yugoslav accession to, 953
• General Arrangements to Borrow (GAB), 19, 22, 45n , 48, 50, 392, 436
• General Mills, 449–450
• General Motors, 158, 745–746, 750
• General Motors Acceptance Corporation, 158
• Germany, Federal Republic of (see also German, Germany, Federal Republic of, and West German subheadings under other subjects):
  • Balance-of-payments surplus in, 502
  • Border taxes, 405, 457, 460, 489, 582–584, 589–590, 592, 600
  • Borrowing by U.S. firms in, 450
  • Coal, 813
  • Debt owed the U.S., 252, 288
  • Deutschemark revaluation, 561, 562, 565, 573–577, 579–580, 582, 585–589, 595, 599, 602–603
  • Economic situation, 421, 434
  • Estate tax rates, 69
  • Export expansion by, 530
  • Franc devaluation, 560–562, 573–574, 577–578
  • France, relations with, 380, 384, 605, 608–609, 692
  • Group of Ten membership for, 45n
  • Interest rates in, 336
  • International liquidity, 300–301, 337
  • Ministry of Economics, 360
  • Offset arrangements, 58–59, 185, 205, 285, 287, 592, 605
    • Military force levels and, 12, 139–142, 246, 293–294
    • Negotiations regarding, 139–141, 211–212, 224, 280, 303–304, 383, 554
    • Shortfalls in, 402
    • Three-cornered sales, 340–343, 460–461, 499
    • With the U.K., 340–343, 499
  • Political parties, 376
  • Political situation, 183
  • Reduction of U.S. employees in, 556
  • Sterling crisis, 175, 178, 438, 570
  • Tourism market survey in, 520
  • Trezise mission, 505, 508–510, 513–514
  • Tripartite talks on military spending, 301–303
  • United Kingdom, relations with, 173, 176, 435, 605, 608
  • U.S. arms sales to, 10n, 58–59
  • U.S. balance-of-payments programs, 113, 489–491
  • U.S. investment in, 400
  • World War II debt, 252
• Ghana, 732, 797
• Ghiardi, John F. L., 408n
• Gilbert, Carl J., 115, 148n
• Giles, R. E., 385–386
• Giscard D Estaing, Valery, 15–17, 21–22, 381
• Glassware, 911, 940
• Gloves, 940
  • Leather, 911–912
  • Woolen knit, 753–754, 776, 880–881, 956
• Gold:
  • Canadian sales of, 234, 258, 289
  • Convertibility with the dollar, 11, 14, 22, 40–41, 60, 290n
  • Cover requirement on Federal Reserve Banks, 43–44, 60, 428, 430–431, 469, 472, 499, 533–539
  • European demand for, 7
  • French purchases of, 72, 137, 146, 161, 289–290, 300, 400
  • Germany, Federal Republic of, purchases of, 400
  • Holding levels:
    • 1963 figures for, 8
    • 1964 figures for, 33, 71–73
    • 1965 figures for, 71–73, 137, 147, 161
  • IMF payments in, 19–21
  • Italian purchases from the U.S., 144–145
  • Message to Congress regarding, 404
  • Middle Eastern purchases of, 362, 376
  • Moratorium on sales of, 283
  • Pool to support price of, 362–363, 446
  • Price increases for, 330, 381
  • Run on, 291, 446–448, 451–453, 467, 478, 482, 537
  • Soviet production and sales of, 8, 46, 57, 72–73
  • Supply levels of, 352
  • Taxation of, 495
  • Two-tier pricing for, 473–474
  • World monetary standard role for, 100–101, 389
• Gold budget. See International transactions of Federal agencies.
• Gold, Ruth A., 51n , 545n
• Goldstein, Ernest, 440, 455n , 469, 471, 478, 480, 523, 546
• Goldwater, Barry M., 662
• Goldy, Daniel L., 119n , 630, 767–774
• Gordon, Allen D., 847n
• Gordon, Kermit, 3, 6, 56n 102–104, 105, 174, 499, 534
• Gordon, Lincoln, 874
• Gordon, Walter, 21, 80, 114, 157, 212–213, 388
• Gore, Albert, 756, 778, 881
• Gore Amendment, 74–75, 83, 88, 98, 106
• Government Assistance and Relief in
• Occupied Areas (GARIOA), 252
• Government overseas account. See International transactions of Federal agencies.
• Grain. See Grains prices under Agriculture under Kennedy Round.
• Gray, Elisha II, 115, 148n
• Great Society, 65, 76, 308
• Greece, 35, 201, 266, 325, 556, 716, 832, 838, 854
• Green, William J., 964
• Greenhill, Denis A., 299n
• Greenwald, Joseph A., 30n , 635n , 651n , 653n , 696n , 698, 753n
• Griffin, Jim, 408
• Group ofTen (G–I0):
  • Belgian membership in, 43n
  • British sterling crisis, 175, 438
  • Canadian membership in, 45n , 55
  • Deputies meetings:
    • London, Jan. 1967, 335n
    • The Hague, Mar.–Apr. 1967, 345
    • Washington, Apr. 1967, 344–345, 352, 357–358
    • Paris, May 1967, 359, 368
    • Paris, June 1967, 354, 368, 386–387
  • French obstructionism in, 299
  • International monetary crisis, 577, 582–588
  • Japanese membership in, 45n , 55
  • Ministerial meetings, 172n
    • Paris, June 1964, 15–25
    • Tokyo, June 1964, 20, 22–23
    • The Hague, July 1966, 288, 294, 299–300, 365n
    • Paris, June 1967, 368, 370, 388–394
    • London, July 1967, 386, 409
    • London, Aug. 1967, 408, 412, 416
    • Stockholm, Mar.1968, 541–544
    • Bonn, Nov. 1968, 582–588, 590–601
  • Monetary conference, Chequers, Jan. 1967, 329
  • Ossola Working, Group, 18–19, 22, 369
• Guatemala, 556
• Hague Communique, 378
• Haiti, 832
• Hajda (Japan), 698
• Hallstein, Walter, 651, 694–695, 715–716, 719, 834n , 886, 927, 947n
• Hamilton Watch Co., 868
• Hamscanned, 914, 919, 939, 944
• Harkort, Herman, 489
• Harris, Fred, 963, 965
• Hartke, Vance, 722, 756, 778, 881–882, 887
• Hauge, Gabriel, 112
• Hayes, Alfred, 447n
• Health, Education, and Welfare, U.S. Department of, 247
• Hedges, Irwin R., 642n , 651n , 687–688, 698, 696n , 746n , 722, 759, 931, 947n
• Heller, Walter W., 5, 23n , 174n
  • Balance-of-payments program for 1968, 499
  • Gold cover requirement, elimination of, 533
  • Group of Ten Ministerial meeting at Paris, June 15-16, 1964, 15, 19
  • Reserve assets, international, 344, 346, 348, 357
• Helms, Richard, 606
• Hendrick, James P., 633–634, 753n , 775, 779, 781
• Herlong, A. Sydney, Jr., 633
• Herr, Donald, 540n
• Herter, Christian A., 680n , 702n , 703n , 782n
  • American Selling Price (ASP) system, 774–779, 798, 900
  • Antidumping code, 633–634, 673
  • Balance-of-payments proposals, 77
  • British-U.S. trade talks, 759–760
  • Cabinet Committee on the Balance of Payments, 6, 56n , 244, 255
  • Escape-clause actions, 867, 870
  • Export expansion in less-developed countries, 246
  • GATT negotiations, pre-Kennedy Round, 614–617, 619–621
  • Import quotas, 824–826
  • Kennedy Round, 711, 716, 720, 722–723, 795, 834–836
    • Agriculture:
      • Grains prices, 687, 692, 715
      • Guidelines for negotiations on, 646, 651–652, 662, 664, 668–672, 680, 694–695, 701, 738
      • Japanese-U.S. talks on, 696–698, 870
      • Submission of offers, 739–744, 746–748, 839–840, 844–845
      • U.S. farm group lobbying on, 856–860, 863, 865
    • EEC position, 664, 699–700, 811
    • EEC-U.S. talks on, 861, 866
    • French-U.S. conflict in, 736
    • Linear cut formula:
      • Exceptions lists, 651, 669, 671–672, 680, 685, 707–710
      • U.S. position, 631–632, 636–640, 666–667
    • Tariffs, 674, 676n , 677, 878
    • Textiles, 662, 677
  • Mexico-U.S. trade agreements, 685
  • Protectionism, 659
  • Replacement as negotiator, 872–873
  • Taxation on travel abroad by U.S.citizens, 84, 264, 267
  • Trade policies of the U.S., 846–847
• Hewlett-Packard Company, 449
• Hijzen, Theodorus, 682, 717, 722, 761, 802, 828, 866–867, 891, 899
• Hill, Paul R., 759
• Hinton, Deane R., 651n , 680n , 717, 759, 864n
• Hirabayashi, Martin Y., 698, 727, 829n , 946
• Hirohito, Emperor of Japan, 23
• Hirschstritt, Ralph, 779–781
• Hitch, Charles J., 2, 181
• Hodges, Luther H., 6, 56n , 82, 620, 631n , 688
  • Cabinet Committee on Export Expansion, 9, 613–614, 625–627, 629–630
  • Economic/commercial career program, establishment of, 643–645, 654–656
  • Export expansion, 693–694
  • Kennedy Round, 674–676, 679, 685
• Holland, Spessard L., 863–864, 965
• Hollings, Ernest F, 965
• Holt, Harold, 156, 906, 945
• Holton, Richard H., 2, 82, 626–627
• Holtrop (Netherlands), 16–17, 22, 220
• Home Loan Bank, 1
• Honduras, 556
• Hopp, Henry, 759
• Hospitality Cards, 519, 551
• House of Representatives, U.S. (see also Congress, U.S.):
  • Budget hearings for 1966, 716
  • Foreign Relations Committee, 781
  • Foreign Economic Policy Subcommittee, 859
  • Gold cover requirement, elimination. of, 534n
  • International Finance Subcommittee of the Banking and Currency Committee, 388
  • Judiciary Subcommittee No. 3, 375n
  • Minimum Wage Bill, 180
  • Office of Legislative Counsel, 633
    • Subcommittee on Appropriations for State, Justice, Commerce, the Judiciary, and Related Agencies, 295
  • Ways and Means Committee, 162–163, 321, 445, 469, 508, 550, 633, 756, 775, 778, 780–781, 810–811, 881–882, 900, 926, 974
• Hudec, R. E., 623n , 633–634, 636n
• Hughes, Phillip S., 657–658
• Hughes, William, 758
• Humphrey, Hubert H., 251n , 712, 934n
  • Balance-of-payments planning for 1968, 469
  • Border taxes, 460
  • Cabinet Committee on the Balance of
  • Payments, 255
  • Direct overseas investment, 465
  • International liquidity, 383
  • Kennedy Round, 723
    • Agriculture, 703–707, 725–726, 744, 839, 844–845, 887, 914, 926
    • Chemicals, 921
    • Concluding phase of, 919, 925, 941–944
  • Reserve assets, international, 346, 357
  • Travel abroad by U.S. citizens, 248, 263–266, 268, 271, 311, 316, 323, 326
  • Travel Task Force, 331, 439
  • U.S. investment in less-developed countries, 463
  • U.S. Travel Service, 253, 385
  • Voluntary Cooperation Program, 150, 462, 464
• Humphreys, Marvin W., 284n
• Hungate, William L., 887
• Hunt, Douglass, 392, 521n
• Iceland, 201, 953
• Igimura (Japan), 485
• Illustrative Reserve Unit Scheme (see also Liquidity, international; Reserve assets, international; Special Drawing Rights in the Fund), 345, 354,-358–359
• Import duty exemptions:
  • Limits, 75, 78, 89, 166, 254, 280, 311, 324, 326–328, 332, 464, 470, 550, 723
  • Liquor allowance, 78, 89, 166
  • For Mexico, 325
  • Reduction in, 263, 298, 316
• Imports:
  • Financing by U.S. institutions of, 297
  • Increases in, 296–297
  • Quotas on, 657–658, 660–662, 698, 761, 824–826, 967–968
• Income taxes, 69, 266–268, 272–273
• India, 186, 389, 403, 556
  • Australian economic aid to, 131
  • Japanese food aid to, 947
  • Kennedy Round, 653, 732–734, 832, 854
  • Private investment in, 463
  • U.S. military sales to, 153
• Indian Affairs, Bureau of, 518
• Indonesia, 37, 232, 486, 732, 832
• Inflation, 973
• Inouye, Daniel K., 864–865
• Interagency Committee on Export Expansion, 9n , 525, 613–614, 625–630
• Inter-American Development Bank (IDB), 185, 224, 256, 288
• Inter-American Summit Meeting, 327
• Interest Equalization Tax:
  • Australian position, 128
  • Bank loans, application to, 62, 64, 78
  • Canadian exemptions from, 26, 39, 58–59, 106, 123, 156–157, 163, 212–213, 262, 338, 340
  • On direct investment, 77, 253
  • Enactment of, 8, 13, 26
  • Exemptions from, proposed, 261–262
  • Expiration of, 257, 305
  • Extension of, 38–39, 59, 75, 162–163, 311, 316, 333, 338–340, 393–394, 462–465
  • GoreAmendment, 74–75
  • Japanese exemptions from, 111, 114, 155–156, 163, 322, 338, 340
  • Oil-producing countries, application to, 232
  • Rate increases for, 88, 194, 331, 339
  • Strengthening of, 221–222, 268, 271, 321–322
• Interest rates:
  • In Federal Republic of Germany, 336
  • In the U.K., 336
  • In the U.S., 8, 70, 99, 105, 146, 303, 328–330, 336, 463–464
• Interior, U.S. Department of, 247, 613n , 811, 836, 846, 880, 961
• Internal Revenue Service (IRS), 243, 298
• International Air Transport Association (IATA), 515–516, 521, 548–550
• International Bank for Reconstruction and Development (IBRD):
  • Advance payments, elimination of, 185–186
  • Annual meetings:
    • 1964 (Tokyo), 45, 47, 49, 80n
    • 1965 (Washington), 18, 196, 204, 212, 273
    • 1967 (Rio de Janeiro), 300, 344, 352, 359, 364, 367, 375, 379–380, 386, 389–391, 393–394, 411–412, 416–418, 474, 541
  • Commodity price fluctuations, 418
  • Convention for the Settlement of
  • Investment Disputes, 417
  • Investment in U.S. certificates of deposit, 277, 287–288
  • Offset of IDA encashment by, 224
• International Business Machines (IBM), 449.
• International Coffee Agreement, 1962, 66
• International Commerce, 771
• International Committee of Passenger Lines, 516
• International Development Association (IDA), 185, 224, 417
• International Grains Arrangement, 943, 952–957, 959n , 970
• International Monetary Conference of the American Bankers Association, Mar. 1965, 143
• International monetary crisis:
  • Belgian position, 576, 593–594, 596–597
  • British position, 574–575, 580–583, 588, 595, 597, 99, 609–610
  • Canadian position, 584, 593, 597, 599
  • Credit package for, 596–597
  • French position, 575, 583, 588–589, 591, 597–599
  • Germany; Federal Republic of, position, 582, 584–599, 605
  • Italian position, 583, 586–588, 593
  • Japanese position, 588
  • Netherlands position, 575–576, 583–584, 594–595, 597, 599
  • Swedish position, 584, 597
  • Swiss position, 584, 588, 594
  • U.S. position, 562, 573, 579–582, 585–586, 589, 595, 602–610
• International Monetary Fund (IMF) (see also Special Drawing Rights in the Fund):
  • Adjustment process, 15–17
  • Annual meetings, 24
    • 1964, Tokyo, 45, 47, 49, 80n
    • 1965, Washington, 18, 196, 204, 212, 273
    • 1967, Rio de Janeiro, 300, 344, 352, 359, 64, 367, 375, 379–380, 386, 389–391, 393–394, 411–412, 416–418, 474, 541
  • Articles of Agreement, 539, 541–542
  • Balance of payments, U.S., 432
  • Belgian role in, 379
  • Board of Executive Directors, 416
  • Canadian debt to, 79
  • Commodity price fluctuations, 418
  • Directors meetings, 352, 354, 357–358, 368, 370, 386–387, 393:
  • EEC role in, 351, 358–359, 387, 411, 543–544
  • Exchange restrictions on foreign tourism, 201
  • Financial situation of, 41
  • Franc devaluation, 560
  • France, role in, 337n , 379, 411:
  • Gold, 19–21, 146, 452, 474, 534
  • Group of Ten position, 15–17, 19–22
  • International monetary crisis, 591, 596, 598, 600, 610
  • Italian role in, 379
  • Less-developed countries, role in, 48–49
  • Official settlements concept, 183
  • Quotas for contributions to, 19
    • Belgian position, 21, 24
    • British position, 21–22, 24–25
    • Canadian position, 21, 389
    • EEC position, 24–25, 391
    • French position, 21, 24–25
    • Germany, Federal Republic of, position, 21, 24
    • Italian position, 21, 389
    • Japanese position, 21, 389
    • Less-developed countries, effect on, 21
    • Negotiations on, 55
    • Netherlands position, 21–22, 24
    • Swedish position, 21
    • U.S. position, 20–21, 25, 50, 52, 126–127, 388–389
  • Reform of, 310, 367, 377, 544
  • Reserve assets, international, 353, 363–371
  • Sterling crisis, 176, 435–438, 557–558, 566
  • United Kingdom, 30, 401, 422
  • U.S. import quotas, 824
  • U.S. position, 48–50
  • Voluntary Cooperation Program, 307
  • Voting arrangements in, 364–367, 368–371, 378–379, 390–392, 398
• International monetary system improvements, 44–51, 176
• International Sugar Agreement, 817
• International transactions of Federal agencies, 40, 57, 271
  • Budget Bureau review of, 11, 168–169, 198, 234, 247–248, 252, 295–296
  • 1966 expenditures and planning, 295–296
  • 1967 expenditures and planning, 321
  • 1968 expenditures and planning, 427
• International Wheat Agreement (IWA), 943, 956
• Interstate Commerce Commission (ICC), 516
• Investment, capital (see also Voluntary Cooperation Program):
  • In Australia, 129, 138, 191, 195, 572
  • In Canada, 121–124, 190–191, 240, 552–553
  • Controls by European countries, 78
  • In developed countries, 64, 77–78, 133–136
    • Direct investment abroad, 95–96, 184–185, 190–191, 196, 253–254, 306–309
    • Delaying until 1966 of, 210–211
    • 1967 talks on, 401, 406–408
  • In Japan, 91, 191
  • In less-developed countries, 9, 122, 136, 259–260, 463–465
  • Licensing of, 477
  • Mandatory controls on, 464, 471, 498, 552–553
  • In unfriendly countries, 461
• Investment, foreign:
  • Fowler Task Force Bill, 67–71, 234
  • In the U.S., 83, 89, 168, 454, 475
• Ioanes, Raymond, 670, 672, 680n , 698, 759, 766–767
• Iran, 35, 232, 556
• Iraq, 232
• Ireland, 522, 953
• Iron ore, 138
• Irwin, Donald J., 962
• Ishino (Japan), 21
• Israel, 466, 732–733, 832, 938
• Italy (see also Italy and Italian subheadings under other subjects), 465n , 676n
  • Balance-of-payments surplus of, 502
  • Border taxes, 586
  • Corporate borrowing, 259
  • Debt owed the U.S., 252, 279, 287–288
  • Estate tax rates in, 69
  • Export expansion by, 530
  • Franc devaluation, effect of, 560–562
  • Group of Ten membership for, 45n
  • International liquidity, 300–301
  • Kennedy Round, 910–911
  • Lire, revaluation of, 570, 577, 580, 584, 586–587, 602
  • Purchases of U.S. gold, 144–145
  • Reduction of U.S. employees in, 556
  • Sterling crisis, 435, 438
  • Trezise mission, 506
  • Wool textiles, 660, 662, 689
• Ivory Coast, 797
• J. Ray McDermott Co., 449
• Jackson, Frederick, 758, 761
• Jacobson, Jerome, 51n , 235n
• Jamaica, 732
• James, Daniel J., 653n
• James, George F., 119n , 148n
• Japan (see also Japan and Japanese subheadings under other subjects):
  • Agriculture, Ministry of, 871
  • Automobile imports, 971–973
  • Automobile talks with the U.S., 971–973
  • Balance-of-payments programs, U.S., 114, 120, 128, 155–156, 306, 479–480, 484–486, 492, 510–511, 545, 900
  • Bank loans to, 57, 88, 92, 259
  • Cabinet Committee, 402
  • Canada, trade relations with, 946, 948
  • The Diet, 950
  • Direct U.S. investments in, 91, 191
  • Economic situation in, 40, 92, 167, 529, 697, 728, 772
  • EEC, trade relations with, 946, 948
  • Exchange restrictions on tourists from, 201
  • Exports by, 530, 770, 829–830, 881, 962
  • Food aid from, 906, 930–931, 947–951
  • General Agreement on Tariffs and Trade, 433
  • Group of Ten membership for, 45n , 55
  • Import controls, 195, 946–947
  • Interest Equalization Tax exemptions, 111, 114, 155–156, 163, 322, 338, 340
  • International liquidity, 301
  • International Trade and Industry, Ministry of (MITI), 871
  • Investment in the U.S. by, 252, 279, 288, 554
  • Kennedy Round, 549, 795, 797, 831–832, 844, 908, 911–912
  • Korea, Republic of, relations with, 295, 972
  • Meat imports, 840
  • Reduction of U.S. employees in, 556
  • Securities issues by, 124, 233
  • Sterling crisis, 435, 564, 570
  • Trade competition with the U.S., 295
  • Travel taxes, 468
  • United States, relations with, 36, 111, 755, 967n
  • U.S. agency banks of, 155–156
  • U.S. exports to, levels of, 627, 769, 771
  • U.S. military spending in, 185, 219–220, 246
  • Wool textiles, 660–662, 689
  • World War II debt, 252
  • WP–3 membership for, 22–24
• Javits, Jacob, 323
• Jenkins, Roy, 487–488, 611
  • British-French relations, 28
  • International monetary crisis, 582–583, 585, 588, 591–592, 595, 599, 602, 605
  • Sterling crisis, 512, 557, 566n , 567n
• Jirka, Ernst, 377, 381
• Johnson, G. Griffith, 2, 126, 658n , 668, 670, 680n
• Johnson, James, 864n
• Johnson, Lyndon B., 56n , 194n , 332n , 333n , 574n
  • American Selling Price (ASP) system, 753, 777, 801–802, 879, 973–974
  • Australian-U.S. relations, 128–133, 138–139, 156, 945
  • Balance of payments:
    • Cabinet Committee briefings, 6–7, 12, 184–187
    • Improvements in, 60
    • Mandatory program, possible, 186–187
    • 1964 results, 4, 13, 32, 73
    • 1965 results, 142, 147, 238
    • 1966 outlook and corrections, 269, 273–275, 278, 282, 285, 287, 291
    • 1967 program, planning for, 304, 311–313, 318–319, 330
    • 1968 program, 427–430, 454, 465–466, 469, 472–488, 490–491, 493, 495–496, 503, 506n , 507–510:
    • 1969 program, 571, 612
  • Cabinet Committee on the Balance of Payments, 2–3, 83–85, 179n , 183, 226–227, 255
  • Cabinet Committee on Export Expansion, 613, 629
  • Canada, 105–107, 110, 531
  • Discover America program, 373, 385
  • Dollar-gold convertibility, 11, 14
  • Economic/commercial career program, establishment of, 645, 654
  • Economy cars manufacture, 744–745, 748, 752
  • Escape-clause actions, 639, 640n , 867, 960
  • Exchange Stabilization Fund, 1–2, 340, 342
  • Export expansion, 355, 523, 568, 672–673, 693
  • Export-Import Bank, 553, 568
  • France, 573, 608–609
  • General Agreement on Tariffs and Trade, 809, 819–820
  • Germany, Federal Republic of, 303, 573, 608–609
  • Gold, 100, 137, 289, 446–447, 451–453, 533, 535–539
  • Group of Ten Ministerial meeting in Paris, Jun 15-16, 1964, 23
  • Interest Equalization Tax, 393–394
  • International liquidity, 170–174
  • International monetary crisis, 579–582, 589, 600n , 602–605
  • International transactions of Federal agencies, 168–169, 247
  • Japanese food aid reservations, 947–950
  • Joint Mexico-U.S. Trade Committee, 757
  • Kennedy Round, 897
    • Agriculture, 900
      • Grains prices, 641, 690, 692n , 715
      • Guidelines for negotiating on, 701
      • Meats, 914
      • Submission of offers, 737, 739, 742–744, 746, 836, 839, 843
      • U.S. farm group lobbying on, 863
    • Approval of, 937, 951, 955–959, 969–971
    • Bilateral talks and agreements, 689, 690n , 916n , 956–957
    • Concluding phase of, 919, 923–928, 933–935, 942
    • EEC position, U.S. view of, 699
    • Linear cut formula, 631, 636, 667, 685
    • Supplemental U.S. offers, 877, 886, 910, 954
    • Tabling of positive list; 894
    • Textiles, 689, 690n , 959
    • U.S. concessions on, 682
    • U.S. strategies for, 888, 890, 904, 908
  • Less-developed countries, 463
  • Meat and wild animal imports, 657
  • Messages and speeches to Congress:
    • Balance-of-payments corrections, Feb. 10, 1965, 59n , 67, 102–104, 112–114
    • Balance-of-payments, Jan. 1968 (proposed), 428–431
    • Economic Report, Jan. 1966, 274, 278
    • Economic Report, Jan. 1967, 306–307, 312, 334, 439
    • Farm commodity program proposal, Apr 5, 1965, 720n
    • Kennedy Round agreements, Nov. 27, 1967, 969–970
    • Special message on agriculture, Feb. 4, 1965, 703–704
  • Monetary conference, Chequers, Jan. 1967, 328–329, 336
  • P.L. 480 agreements, 186
  • Press leaks, 101
  • Proclamation No. 3822, 970–971
  • Protectionism, 659, 966
  • Public Advisory Committee on Trade Negotiations, 621
  • Reduction. of U.S. personnel overseas, 555–556
  • Reserve assets, international, 346–349, 351, 357, 389, 412, 416
  • Special Drawing Rights, 541–542
  • Special Trade Representative, appointment of, 872–873
  • Task Force On Foreign Economic Policy report, 34, 63, 65
  • Task Force on Promoting Increased Foreign Investment and Increased Foreign Financing report, 66
  • Taxation:
    • Border taxes, 458, 545
    • Increases in, 441–446, 482–483
    • On travelers abroad, 96–97, 477
  • Tourism by foreign citizens, 518, 546n , 547–548, 551
  • Trade Expansion Act renewal, 850
  • Trade policies of the U.S., 846, 849, 874, 884–885, 974
  • Travel abroad by U.S., citizens, 96–97, 310, 327, 477
  • Travel Task Force, 439–440
  • United Kingdom:
    • Eight-point balance-of-payments program, 27, 29, 31
    • Floating rate for sterling, 512
    • International support for sterling, 569
    • Sterling crisis, 177, 179, 434, 437–438, 440–441, 573
    • U.S. support for sterling, 419–420, 557–559, 563, 565
    • United States,. relations with, 51n , 299n
  • U.S. military spending, 185, 301–303
  • Visits:
    • Australia, Dec. 1967, 465n
    • Germany, Federal Republic of, Apr. 1967, 346n , 349, 350n
    • Italy, Vatican City, Dec. 1967, 473n
    • Thailand, Dec.1967, 465n
  • Voluntary Cooperation Program, 115, 124, 136, 149–150, 202, 217, 222, 225–229, 235–238, 450
• Johnson, U. Alexis, 484, 949–951
• Joint Committee on Internal Revenue Taxation, 67–68
• Joint Economic Committee, 10, 388n , 390, 458
• Joint Export Association, 425–426, 454, 524, 527
• Joint Mexico-U.S. Trade Committee, 757–758
• Joint U.S.-Japan Committee on Trade and Economic Affairs, 967n
• Jones, B. H., 865n
• Jones, Dallas, 686
• Jones, Jim, 447n , 914
• Jordan, 186
• Jordan, B. Everett, 965
• Justice, U.S. Department of, 249, 478, 745, 965
• Jute, 53
• Kafka, Alexandre, 365
• Kallis, Selma G., 51n
• Kaplan, Eugene J., 971n , 973
• Kaplowitz, Paul, 725
• Katzenbach, Nicholas deB., 334n , 967
  • Balance-of-payments programs, 103–104, 479–480, 484–491, 493–501, 505–506, 509
  • Economy cars, manufacture of, 745, 748–752
  • Flat-rate tariff proposals, 540–541
  • Kennedy Round, 914
  • Non-tariff barriers, 504
  • Visa requirements for foreign citizens, 551
• Katz, Julius L., 864n , 947n
• Kaysen, Carl, 34
• Kearns, Frederick, 758
• Keener, J.Ward, 115
• Kellogg Company, 449
• Kelly, VV., 730, 811n
• Kennedy, Edward M., 965
• Kennedy, John F:
  • Anti-dumping laws, 623
  • Balance of payments, 8, 33
  • Gold outflow, 11, 14, 43
  • Interest Equalization Tax, 26
  • International transactions of Federal agencies, 57
  • Military expenditures, reductions in, 10
  • Submission of offers for tariff reduction, 683
• Kennedy Round (see also General Agreement on Tariffs and Trade):
  • Agreements:
    • Australia-U.S., 816
    • Breakdown of, 487
    • Canada-U.S., 920, 923, 937–940, 951
    • EFTA-U.S., 937–938, 940, 951
    • EEC-U.S., 919, 937–940, 951, 957
    • On grains, 935, 938–939
    • Import duties, 532
    • On industrial products, 935
    • Japan-U.S., 920, 923, 931, 937–940, 951
    • On oilseeds, 666
    • On shoes, 944
    • Signing of, 958–959
    • U.K.-U.S., 920, 923–924, 931, 937–940, 951, 956
    • U.S. Tariff Classification, 831–832
  • Agriculture, 725–726
    • Canadian-U.S. talks on, 734–735
    • Categories of trade in, 647–650
    • Dairy products, 662–663, 716, 735, 794, 796, 799, 817, 842–843, 939–940, 944
    • EEC position, 349, 711, 699–700, 703–707, 737–739, 817, 896–900, 903, 907, 921
    • Fats and oils, 666, 669, 817
    • Fish, 791, 796, 799, 939
    • Food aid to less-developed countries, 615, 906, 917–918, 930–931, 935, 947–951
    • Fruits and vegetable’s, 664, 764, 853, 856–860, 862, 893, 898, 900, 904, 939–940
    • Grains prices, 662–663, 793, 799, 822
      • Australian position, 906, 909, 931
      • British position, 918, 956
      • Canadian position, 906, 909, 917–918, 931
      • EEC role in negotiating, 642–643, 687, 690–692, 722, 806–807, 816–817, 902–903
      • French position, 636, 641, 687, 690–692
      • German position, 636, 641–642, 690–692
      • Italian position, 688–689
      • Japanese position, 917–918
      • Memorandum of Agreement on, 952–953
      • U.S. position, 642–643, 694, 713–715, 720–722, 724, 862, 893, 906, 915, 922, 943
    • Guidelines for negotiations on, 614–619, 620–622, 649, 662–666, 669, 681–682, 711, 717–718, 822–823
      • GATT Ministerial decision of May 1963, 620, 662, 63, 669, 721, 733, 742, 792
      • GATT Ministerial decision of May 1964, 669, 698, 701, 721, 733, 742, 783
      • Japanese position, 622, 711
      • Montant de Soutien approach, 647, 649–651, 665, 686, 695, 738, 796, 818
      • New Zealand position, 622
      • U.S. position, 646–652, 662–663, 668–672, 680–681, 694–695, 701–703, 711–712, 717–718, 737–739, 887
    • Meats, 662–663, 794, 796, 799, 817, 839, 900, 940
      • Beef, 741, 837, 840–842, 844
      • Canned hams, 837, 854, 914, 919, 939, 944
      • Import quotas on, 657–658, 698, 967–968
      • Mutton, 840–842
      • Poultry, 698, 844, 893, 898, 939
    • Soybeans, 669, 698
    • Submission of offers, 783
      • by Australia, 740
      • by Canada, 740, 744
      • by the EEC, 737–738, 799–800, 803–807, 833–834, 837–841
      • by the EFTA, 740
      • by Japan, 740, 744
      • by New Zealand, 740
      • by the U.K., 740, 764–765
      • by the U.S., 738–744, 746–748, 764, 803–804, 836–845
    • Sugar, 662–663, 665–666, 806, 817, 853, 922
    • Tobacco, 837, 852, 940, 973
      • EEC position, 898, 904
      • Greek position, 838, 854
      • Turkish position, 838, 854
      • U.S. posjtion, 862, 893, 939
      • Yugoslav position, 854
    • Tropical products, 730, 732, 783, 794, 818, 823, 954
      • Swedish position, 716, 800
      • U.S. position, 747–748, 852, 878–879
    • U.S. farm group lobbying on, 856–860, 863–865
    • U.S. opening statement on, 851–855
    • Wine, 763–764, 813, 854, 939–940
  • American Selling Price (ASP) system, 755–756, 761–763, 775–778, 898
    • British position, 761–763, 880, 900
    • EEC position, 904
    • Japanese-U.S. agreement on, 956, 959n
    • Swiss position, 900
    • Two-package approach to, 900, 907, 920–921, 923, 939, 942, 973
    • U.S. position, 923
  • Anti-dumping code, 623–625, 674, 763, 764, 827, 940, 953
  • Approval of:
    • by France, 514
    • by the U.S., 937, 951–959, 969–971
  • Austrian participation in, 734
  • Base rates, 710
  • British participation in, 30, 52, 724, 734
  • British sterling crisis, 176
  • British-.U.S. talks regarding, 635–636, 689–690, 758–767, 928–929
  • Canadian participation in, 712, 732, 799
  • Concessions list No. XX, 827–828, 830–831, 970
  • Concluding phase of, 919–928, 931–936, 941–942
  • Czech participation in, 785, 834
  • Disparities rule:
    • British position, 635
    • EEC position, 636, 808, 812, 867
    • U.S. position, 866, 892–893, 896, 932
  • EEC-U.S. talks on, 801–809, 819, 861–862, 866–867, 891, 915–919
  • EEC withdrawal from, 759–760, 796
  • Escape-clause actions, 639–640, 721, 730, 807, 867–870, 888, 942
  • Fish, 791, 796, 799
  • French position, 494, 897–898, 937
  • French-U.S. conflict in, 736, 740
  • Gold crisis threat to, 482
  • Greek participation in, 716
  • Industrial products (see also Textiles below), 783, 834
    • Aluminum, 787, 791, 796, 799, 807, 815, 896, 940
    • Automotive, 866
    • Bilateral talks on, 731, 786, 808
    • Ceramics, 807
    • Chemicals, 708–709, 762, 787–788, 796, 798, 800, 807, 814, 827, 880–881, 896–899, 917
      • Decoupage on, 893–895, 901–902, 915, 928–929
      • Supplemental offers on, 912–913
      • Two-package arrangement on, 900, 907, 920–921, 923, 939, 942, 973
    • EEC position, 762, 796–799
    • Exceptions lists, 784–785, 808
      • British, 731, 734, 787, 789
      • Canadian, 788
      • EEC, 686, 707–710, 719–721, 787, 791, 797, 813
      • EFTA, 797
      • Japanese, 727–727, 788–789, 791, 797
      • Norwegian position, 797
      • U.S., 650–651, 669, 671–672, 680, 685, 729–731, 800, 818, 940, 953
    • Glassware, 911
    • Mechanicals, 708, 816
    • Steel mill products, 623–625, 674–676, 734, 761, 764, 787, 789–790, 796–797, 799, 800, 807, 827, 916, 932, 940, 967–968
    • Watches, 712, 721, 797, 812, 867–870, 940
  • International liquidity and, 383
  • Israeli participation in, 716, 732
  • Japanese participation in, 724, 732, 734
  • Japanese-U.S. talks on, 696–698, 727–730, 799, 829–830, 870–872, 928–929, 950
  • Leather goods, 733, 911–912
  • Less-developed countries:
    • Participation of, 653–654, 712, 716, 731, 785–786, 797
    • Tariff treatment of, 732, 835
    • U.S. position, 54, 836
  • Linear cut formula, 783–785
    • Austrian position, 683n , 709, 789
    • British position, 635, 637, 709, 789–790, 814
    • Canadian position, 709, 790
    • Danish position, 683n , 709
    • EEC position, 637, 683n , 790
    • Finnish position, 683n
    • Japanese position, 637, 683n , 709, 789
    • Norwegian position, 683n
    • Portuguese position, 683n
    • Swedish position, 683n
    • Swiss position, 683n , 709
    • U.S. position, 631–632, 636–640, 666–667, 683n , 709, 787, 789–790
  • Minerals and metals, 708, 815–816, 912–913
  • 1968 balance-of-payments program, effect of, 507
  • Norwegian position, 686, 799
  • Opening of, 349
  • Polish participation in, 731–732, 785, 797, 834, 953
  • Positive lists:
    • British, 895, 899
    • U.S., 894–896, 899–902
  • Pulp and paper, 708, 710, 760–761, 787–789, 796, 798–799, 807, 814–815
  • Protectionism and, 432–433, 659, 674, 760, 913
  • Raw materials:
    • Lead, 733
    • Petroleum, 733
    • Zinc, 733
  • Reciprocity in, 907–908
  • Reports:
    • “GATT Trade Negotiations” (CGT/801), 782–794, 795–800
    • “Trade Negotiations Committee” (L/2624), 820–823
  • Scandinavian position, 716, 761, 788
  • Supplemental U.S. offers, 877–879, 886–888, 910–913, 954
  • Swedish participation in, 732, 734, 797, 800
  • Swiss participation in, 797, 869–870, 916, 929
  • Tariffs (see also Escape clause actions above):
    • Agreements on, 952
    • On stainless steel flatware, 639–640
    • U.S. concessions on, 682–684
  • Textiles, 733, 834
    • Cotton, 677–678, 709, 762, 787, 790–791, 799–800, 815, 939, 959–960
    • EEC position, 959
    • Japanese position, 959
    • Silk, 667
    • Synthetic fibers, 907, 921–922, 940, 943
    • Wool, 660–662, 678–679, 689–690, 763, 812, 852, 854, 912, 939, 940, 943
  • Timetable for, 391, 801–805, 807, 821–822, 833–836, 908, 916, 917
  • Travel tax proposals, 95
  • Turkish participation in, 716
  • 2:1/1.0 formula, 867
  • Unilateral acceleration, 514, 540, 545, 548–549
  • U.S. balance-of-payments policies, 40
  • U.S. Delegation documents, Doc.
  • 1617/Japan, 727–730
  • U.S. negotiating authority, expiration of, 759, 783, 821
  • U.S. strategies for, 65, 888–892, 904–905–908–910, 922
  • Wood products, 667, 878–879
• Kennon, Lawrence J., 453n
• Kiesinger, Kurt Georg, 346–351, 357, 363, 375, 380, 384, 402, 505, 508, 514, 578–580, 589, 600, 603, 605, 897
• Kikuchi, Kiyoaki, 698
• Kindleberger, Charles, 174n
• King, Cecil R., 756, 778, 811, 881, 925
• Kirby, Riley, 698
• Kirk, Northrop H., 653n , 730n
• Kitchen, Jeffrey C., 139–141
• Knappstein, 140n , 142
• Knowlton, Winthrop, 179n , 205–206, 216, 284n , 285n , 306n , 319n , 326n , 429n
  • Balance of payments, 271, 306, 308–309
  • Deming Group, 455n
  • Direct U.S. investment abroad, 408
  • Interest Equalization Tax, 321
  • International liquidity, 377
  • Travel abroad by U.S. citizens, 264, 311, 325, 464
  • Travel Task Force, 439
• Komer, Robert W., 185
• Korea, Republic of:
  • Accession to GATT by, 953
  • Debt repayment by, 402
  • Investment in the U.S. by, 252, 279, 288, 554
  • Japan, relations with, 295, 972
  • Offshore procurement, 246
  • U.S. military expeditures in, 245
  • U.S. troop levels in, 10, 460
• Korean war, 35
• Kornegay, Horace R., 964
• Korp, R.V., 368
• Kosygin, Anatoly, 302
• Kovarik, Robert, 244, 248, 264, 267
• Kristensen, Thorvil, 16, 22
• Kuchel, Thomas H., 863–864, 965
• Kuss, Henry J., Jr., 211, 219, 629–630
• Kuwait, 280
• Labor issues:
  • Aluminum industry, 162
  • British strikes, 292
  • Protectionism, 968
  • Shipping industry:
    • Contract disputes, 167, 195, 214, 772
    • 50% bottom rule, 181, 207, 235
    • Soviet position, 249
    • Strike moratorium, 472
• Labor, U.S. Department of, 249, 297
  • American Selling Price (ASP) system, 880
  • Antidumping code 633n
  • Escape-clause actions, 961–965
  • General Agreement on Tariffs and Trade, 811
  • Kennedy Round, 905
  • Trade policies of the U.S., 874
• Lahr, Rolf, 489–490
• Lall (India), 732, 762
• Landrum, Phillip M., 964
• Lange, Halvard, 686
• Laos, 246
• Larre, Rene, 364, 366, 577, 587
• Latin America, 154, 185n , 326
  • Investment in the U.S., 279
  • Trade liberalization, 857, 874–875
  • U.S. exports to, 183, 528, 769, 771, 857
  • U.S. import duty exemptions, effect on, 332
• Latin American summit, Punta del Este, Apr. 1967, 874, 884–885
• Lausche, Frank, 963
• Le Monde, 495
• Lead, 254, 281, 733, 940, 967–968
• Leather goods, 733, 911–912
• Leddy, John M., 175, 334n , 481n , 505n , 508n , 634, 903
• Lederer, Walter, 182, 194
• Leighton, Leocade, 30n , 201n
• Lending. See Borrowing.
• Less-developed countries (LDCs), 413
  • Access to capital by, 9, 122, 136, 259–260
  • Balance of payments, U.S., 120
  • Commodity agreements with, 53, 418
  • European Economic Community imports from, 53, 762
  • Exchange restrictions on tourists from, 202
  • Exports by, 772
  • Food aid to, 53–54, 615, 906, 917–918, 930–931, 935, 947–951
  • General Agreement on Tariffs and Trade, 702, 724
  • 105% rule of the Federal Reserve Board, 149–150, 153–154, 424
  • International credit for, 53, 54, 628
  • International Monetary Fund, 21, 48–49
  • Kennedy Round, 797
  • Taxation on travel by U.S. citizens to, 267
  • Trade liberalization, 874–875
  • United Kingdom, relations with, 52–53, 906
  • United States, relations with, 35–37
  • U.S. balance-of-payments program for 1968, 500
  • U.S. exports to, 463
  • Voluntary Cooperation Program, 122, 461, 463
• Lesser Developed Areas (LDAs), 465
• Lewis, James H., 707n , 759, 795n , 811n , 829n , 946–947
• Libbey-Dwens-Ford Glass Company, 449
• Liberia, 122, 556
• Libya, 232
• Limestone, 912–913
• Linder, Harold F, 433
  • Cabinet Committee on Export Expansion, 9n
  • Eximbank rediscount facility, 426, 454
  • Export expansion, 628–629
  • Export Expansion Fund, 427
  • IMF quota increases, 126–127
• Lindstrom, Ralph E., 284n
• Liquidity, international (see Illustrative Reserve Unit Scheme; Monetary conference, Chequers, Jan. 1967 ; Reserve assets, international; Special Drawing Rights in the Fund):
  • Belgian position, 300–301, 335
  • British position, 51–52, 54, 300–301
  • French position, 55, 335–337, 378–384
  • Germany, Federal Republic of, position, 328, 334, 336–337, 378–383
  • Italian position, 328, 336
  • Netherlands position, 55, 328
  • U.S. position, 15, 52, 55, 170–174, 300–301, 377–383, 386–387, 476
• Little, Edward S., 126n
• Lodge, Henry Cabot, 578
• London gold pool, 73
• Long, Russell B., 333, 440, 444–446, 478–479, 756, 778, 881, 883, 934n , 966–967
• Long-Range International Payments Committee, 172, 174
• Long-Term Arrangement Regarding Trade in Cotton Textiles, 1962, 660, 677, 762, 790–791, 799, 834, 907, 939, 959–960, 962
• Lord, Winston, 707n , 795n , 811n
• Love, James S., Jr., 677–679
• Luxembourg, 495, 624
• MacArthur, Douglas, II, 847n
• Machinery, 769–774
• Macklehose (U.K.), 927
• Magnesia clinker, 829–830
• Magnuson, Warren G., 93, 323, 863–864
• Mahon, George H., 444–446
• Malaysia, 153
• Malmgren, Harold H., 244, 545n , 759
• Malta, 732–733, 797
• Malve (EEC), 866
• Manatos, Mike, 934n
• Mann, Thomas C., 139n , 171, 184, 244, 248, 685, 723–724, 743, 777
• Mansfield, Michael J., 303, 440, 442, 446, 453n , 478, 661–662, 934n
• Mansholt, Sicco L., 616, 618–621, 681–682, 687–688, 702–706, 804–807, 834
• Maritime Administration, 58
• Marjolin, Robert 113
• Market disruption, 942
• Marshall Plan; 42
• Martin, William McChesney, 23n , 77n , 85n , 152n , 159n , 168n , 171n , 251n , 257n
  • Anti-trust exemptions, 102–103
  • Balance-of-payments programs, 102, 104, 196–197, 275–276, 306, 312, 317, 424, 465, 469, 471, 478, 480
  • Border taxes, 470
  • Caqirtet Committee on the Balance of Payments, 56n , 245
  • Canadian borrowing, 107
  • Credit, U.S. domestic, 84
  • Exports, 185
  • Gold, 43, 447, 451, 453, 472, 534–536, 537n , 538
  • Group of Ten, Ministerial meetings:
  • Paris, June 1964, 15, 19
  • London, July 1967, 388
  • Interest rates, 105
  • International liquidity, 328
  • International monetary crisis, 580n , 585, 602, 606, 609–610
  • International Monetary Fund, 126–127, 388, 391
  • Monetary cooperation, 329, 503
  • Reserve assets, international, 388–390
  • Sterling crisis, 177–179, 423, 436, 441, 563–565, 576
  • Taxation on travel-abroad by U.S. citizens, 264, 266–267, 327, 332
  • Voluntary Cooperation Program, 99, 236, 239, 403
• Matsuura, Akira, 698
• Maudling, Reginald, 17–18, 21–22
• Mayer, Andre, 534, 926
• McCall, Sherrod, 947n
• McCarthy, Eugene, 965
• McClellan, John, 654
• McCloy, John J., 357, 374–377, 384, 744–746, 752, 926
• McCormack, John W., 440, 442, 444, 446, 478, 887, 934n
• McDonald, David J., 623
• McGee, Gale W., 965
• McGhee, George C., 328, 376, 513n
• McGrew, Donald J., 172, 348n
• McKinney, Robert M., 439, 546–548
• McNamara, Robert S., 299n , 306n , 319n , 631n
  • Balance-of-payments programs, 3, 77, 103–104, 245, 308–309, 465, 469, 480
  • Border taxes, 460, 470
  • Cabinet Committee on the Balance of Payments, 6, 56n , 184, 226, 244, 255
  • Cabinet Committee on Export Expansion, 9n
  • Credit U.S. domestic, 84
  • Direct U.S. investment 83, 463
  • Economy cars, manufacture of, 746, 752
  • Exports, 228, 297, 629
  • French-U.S. relations, 294
  • German offset arrangements, 12, 140–141, 211–212, 246, 303–304
  • Import increases, 296–297
  • Military expenditures, 293–294, 301, 402, 408
    • In Japan, 220
    • As percentage of GNP, 296
    • Reductions in, 10, 185, 219–220, 251, 271, 279
  • Travel abroad by U.S. citizens, 267, 323, 331
  • Voluntary Cooperation Program, 194–195, 216–218, 224, 225–226, 228, 229–230, 236–237, 245, 462
• McNaughton, John, 334n
• McNeill, Robert L., 680n , 753n , 933
• McPherson, Harry C., Jr., 744
• McQuade, Lawrence, 119, 148n , 218, 244, 402n , 426, 481, 523–524, 971–973
• McSweeney, John M., 648
• Meat. See under Agriculture under Kennedy Round.
• Meehan, Francis J., 545
• Mendes-France, Pierre, 560
• Menzies, Robert G., 128–132, 138–139, 156
• Metcalf, Lee, 965
• Mexico, 154, 417, 550, 853
  • Investment in the U.S. by, 253, 280, 288
  • 1968 Olympic Games, 518
  • Tourism market survey in West Germany, 520
  • Trade agreements with the U.S., 685, 757–758, 858
  • Travel by U.S. citizens to, 75, 242–243, 248, 253, 324–325, 327, 467
• Meyer, Andre, 174n , 403
• Meyers, Howard, 139n , 141n
• Middle East, 418, 420–422, 434, 482, 521, 606n , 610
  • Gold purchases, 362, 376
  • Investment in the U.S., 279, 288
• Miki, Takeo, 486, 930–931, 947n , 948n
• Military Assistance Program (MAP), 153, 220, 294, 630
• Military expenditures (see also Offset arrangements under Germany, Federal Republic of):
  • Balance-of-payments program for 1968, 499
  • British position, 301–303
  • In Canada, 185
  • Delaying until 1966, 205, 211–212, 224
  • In the EEC, 461
  • In Japan, 185, 219–220, 246
  • In South Korea, 245
  • Level of, 293–294, 401–402, 445, 460–461
  • Oil costs, 83, 89, 251
  • As percentage of GNP 296–297, 407–408
  • Reductions in, 10, 75, 185, 219–220, 251, 279
  • For Southeast Asia, 165, 181, 185, 219, 245, 252, 461
• Military force levels:
  • In Europe, 294, 460
  • In South Korea, 10, 460
  • Offset arrangements and, 12, 139–142, 246
  • Reductions in, 10, 89, 555–556
  • In Southeast Asia, 219
• Military Payments Certificates, 181
• Miller, Henry W., 858
• Miller, Jack R., 965
• Miller, William K., 51n
• Millet, Pierre, 708
• Mills, Wilbur, 495n , 550, 934n
  • American Selling Price (ASP) system, 756, 778, 881, 887
  • Antidumping code, 633, 780
  • Border taxes, 472, 478–479, 508
  • Canadian auto parts bill, 723
  • East-West trade act proposal, 851
  • General Agreement on Tariffs and Trade, 725, 811
  • Interest Equalization Tax, 333
  • Kennedy Round concluding phase, 925
  • Special Trade Representative, appointment of, 873
  • Tax increase proposals, 442–446, 453n , 536
• Milne, Matilda, 285n
• Mineral royalties, 69
• Minerals and metals, 708, 815–816, 912–913
• Minimum wage legislation, 180
• Mitchell, Derek, 177–179
• Miyazaki (Japan), 949
• Miyazawa, Kiichi, 930n , 931
• Monetary conference, Chequers, Jan. 1967, 328–330, 334–338, 344
• Money markets, 91, 110
• Monopolies, 748–751
• Monroney, Mike, 180, 963
• Montoya, Joseph M., 965
• Moore, George S., 112, 115, 119n , 218
• Moral suasion for reduction of capital outflow:
  • By corporations, 77–78, 89–92, 95–96, 99–100, 112–115, 120–123, 133–136
  • By tourists, 248–249, 310, 316, 332
• Morimoto, Osamu, 698
• Moro, Aldo, 349–350
• Morocco, 556
• Morris, Roger, 892n
• Morse, Wayne, 863–864
• Morton, James G., 148–149
• Most-favored-nation status, 63, 724, 809, 957
• Moyers, Bill, 1n , 102, 104, 235n , 236, 237n , 621
• Mozambique, 854
• Mozer, Alfred, 703
• Multilateral Force (MLF), 670
• Mundt, Karl, 965
• Munich Communique, 375, 381, 384
• Murphy, Charles S., 439, 625–626, 670–672
• Murphy, George, 863–864, 965
• Murphy, Robert, 602
• Mushrooms, 853
• Muskie, Edmund, 660, 965
• Naden, Kenneth D., 865n
• National Advisory Council on
• International Monetary and Financial Problems (NAC), 126–127, 174, 544n
• National Aeronautics and Space Adminstration (NASA), 247, 268
• National Association of Wheat Growers, 865
• National Bureau of Economic Research, 183
• National Council of Farmer Cooperatives, 865
• National Export Expansion Council, 194–195, 254, 286, 356
• National Farmers Union, 865
• National Foreign Trade Council, 967
• National Grange, 865
• National Livestock Feeders Association, 865
• National Park Service, 518
• National Security Council meeting, Nov. 25, 1968, 606–610
• Near East. See Middle East.
• Nehmer, Stanley, 759, 762–763
• Netherlands (see also Netherlands subheadings under other subjects), 45n , 502, 570, 813
  • Border taxes, 457, 460
  • Debt owed the U.S., 252, 288
  • Estate tax rates, 69
  • Franc devaluation, effect of, 561
  • Gold purchases by, 71, 146
  • Guilder, revaluation of, 580, 586–587, 602
  • International liquidity, 300–301
  • International monetary crisis, 573, 577
  • Trezise mission, 506
  • U.S. military sales to, 220
• Netherlands Antilles, 220
• Neuberger, Maurine B., 864–865
• Neue Zuricher Zeitung, 376
• New Guinea, 131
• New York Times, 210, 961, 967
• New Zealand (see also New Zealand subheadings under other subjects):
  • Direct U.S. investments in, 191
  • Exchange restrictions on tourists from, 201
  • Kennedy Round, 832, 838, 854, 938
  • United States, relations with, 36, 479, 771
• Newman, Joseph K., 573n
• Nicaragua, 556, 797, 832
• Nickel, 254, 281
• Nickerson, Albert L., 115, 119, 134, 148–150, 152
• Nield (U.K.), 636
• Niger, 797
• Nigeria, 463, 653, 724, 732
• Nitze, Paul H., 460, 606
• Nivens, Lois, 340n , 501n
• North Atlantic Treaty Organization (NATO), 142, 290n , 302
  • German position, 692
  • Ministerial meetings, 312, 329, 571, 603
  • Trade issues and, 759–760
  • U.S. military expenditures in, 407, 461, 499
  • U.S. withdrawal from Europe, effect of, 460
• Northern Ireland, 763–764
• Norway, 201, 492, 570, 683n , 686, 797, 832
• Norwood, Bernard, 653n , 717, 719, 759, 774n , 856, 858, 886
• Nuclear submarines, 220
• O’Brien, Lawrence F, 625n , 934n
• O’Brien, Leslie, 335n , 482
• Occidental Petroleum Corporation, 449
• Office of Emergency Planning (OEP), 721, 826, 868, 913
• Office of the Special Trade Representative, 468, 507n , 528, 540, 657–658, 761, 781, 864–865, 944
  • Appointment of new representative, 872–873
  • Official settlements concept, 182–183
• Offset arrangements (see also under Germany, Federal Republic of):
  • With Belgium, 461, 554
  • With Canada, 206
  • With Italy, 461
  • With Japan, 246, 252, 279, 461
  • With the Netherlands, 554
  • With Spain, 246, 252
• Offshore procurement, 246–247
• Ohkawara, Yoshio, 698
• Ohsawa, Tohru, 696–698
• Ohtaka, 946
• Oil, 83, 232, 251, 460, 463, 494, 498, 733, 815, 940, 967–968
• Oilseeds, 666, 669
• Okun, Arthur M., 180–181, 322, 426, 447n
  • Balance-of-payments planning, 193, 292, 469
  • Cabinet Committee on the Balance of Payments, 184, 244, 319n
  • Deming Group, 172n , 455n
  • Direct investment abroad, 407–408, 471
  • International liquidity, 377, 381–383
  • Sterling crisis, 420, 423, 436, 440, 563, 565–566
  • Travel abroad by U.S. citizens, 267, 325–326
• Ontario Hydroelectric Commission, 80
• Organization of American States (OAS), 205
• Organization of European Cooperation and Development (OECD):
  • Anti-dumping code, 634
  • Border taxes, 59, 458
  • Code of Liberalization of Capital Movements, 519, 553
  • Economic Policy Committee, 288, 500
  • European capital markets, expansion of, 39, 70–71
  • Exchange restrictions on foreign tourism, 201
  • Group of Ten role in, 48
  • Invisibles Committee, 553
  • Ministerial Council meeting, Paris, Dec 1964, 61n
  • Sterling crisis, 566
  • Tourism Committee, 521–523
  • U.S. balance-of-payments program, 61, 483, 485
  • Working Party III (WP–3), 16–17, 22, 24, 503, 825
• Ortoli, Francois-Xavier, 575, 583, 585, 588–589, 591–594, 596–597, 599–600
• Ossola, Rinaldo, 18n , 369n , 409, 586
• Ossola Group, 18–19, 22, 369
• Owens-Corning Fiberglass Corporation, 449
• Oyamada, Takashi, 727–730
• Pakistan, 186, 403, 465n , 556
  • Kennedy Round, 653, 732–733, 797, 833
• Palaser, Michael, 928
• Palmer, Joseph, II, 847n
• Panama, 122
• Pan American Airways, 549
• Pappano, Albert E., 707n , 811n
• Papua, 131
• Parsons, James G., 556
• Parsons, Maurice, 363
• Passport fees, 264, 310–311, 316, 322–325, 331–332, 464, 470
• Pastore, John, 660, 690n , 941–943
• Patton, James G., 865n
• Peace Corps, 247
• Pearson, Lester B., 79–81, 84, 92, 105–110, 480, 531, 906
• Peart, Fred, 712
• Pelikan, Robert G., 501n , 546–547
• Pell, Claiborne, 887, 965
• Percival, LeRoy F., Jr., 725
• Peru, 403, 556
  • Kennedy Round, 653, 732–733, 833
• Petroleum. See Oil.
• Petty, John R., 304n , 306n , 319n , 456n , 479, 521, 523, 545n , 576
• Philbin, Philip J., 964
• Philippines, 220, 556, 853
  • Investment in the U.S. by, 245, 252–253, 279, 288, 554
  • Veterans’ claims settlements, 296
• Pirnie, Alexander, 963
• Plumptre (Canada), 23, 108–109
• Polak, J. J., 362, 364–365, 367
• Poland, 186, 731–732, 785, 797, 834, 854, 953
• Polaroid, 449
• Pollack, Gerald A., 244, 424n
• Portugal, 732–733, 797, 833, 938
• Powell, Richard, 635, 758–765, 767, 902, 924, 927n , 932
• Preeg, Ernest H., 811n
• President’s Industry-Government Special Task Force on Travel, 331, 439–440, 515–521, 546–548, 551
• Press leaks, 101
• Price fluctuations on commodities, 418
• Pricing, intra-company, 298
• Protectionism, 432–433, 494, 509, 514, 659, 674, 760, 913, 922, 966–968, 974
• Proxmire, William, 182
• Public Advisory Committee on Trade Negotiations, 621, 712–715
• Public Advisory Committee on Trade Policy, 974
• Puhan, Alfred, 140n
• Pulp and paper, 708, 710, 760–761, 787–789, 796, 798–799, 807, 814–815
• Qatar, 232
• Quantitative restriction items, 946–947, 972
• Quotas (see also under International Monetary Fund (IMF)):
  • Export, 250
  • Import:
    • British, on coal, 761
    • Meat, 657–658, 698, 967–968
    • U.S. proposals for, 824–826
    • Wool textiles, 660–662
• Rabot, Louis-George:
  • GATT negotiations, pre-Kennedy Round, 620, 622
  • Kennedy Round, 682, 861–862, 866, 902
• Railroads, 297
• Randolph, Jennings, 863–864, 963
• Ranis, Gustav, 244, 319n
• Rasminsky, Louis, 593, 597–598
• Rattray, Alexander, 126n
• Read, Benjamin, 419n , 919n
• Real estate, 69
• Reductions in force of U.S. personnel overseas, 555–556
• Rehm, John B., 506, 636n , 666n , 682n , 712, 717, 753n , 774n , 892n , 898, 903, 919, 923n , 946
• Reilly, John, 703
• Reischauer, Edwin, 111
• Republican Policy Committee, 536
• Reserve assets, international (see also Illustrative Reserve Unit Scheme; Liquidity, international; Special Drawing Rights in the Fund), 412, 416–418
  • Belgian position, 348, 357–358, 360, 376
  • British posltion, 47, 329
  • Canadian position, 47, 49
  • EEC position, 47, 351, 353–354, 358, 363–371, 387, 398
  • French position, 47, 49, 348–350, 352, 354, 357–361, 363–367, 375, 398
  • Germany, Federal Republic of, position, 47, 49, 347–352, 357–361, 363, 366, 374–384
  • Gold pool, 362–363, 446
  • Italian position, 348–350, 357, 363, 366–368
  • Japanese position, 49
  • Netherlands position, 47, 49, 348, 354, 357–358
  • Process for creation of, 64, 337, 409–410
  • U.S. position; 18–19, 50, 56, 344–354, 358–359, 363–371, 376–377, 388–392, 395–399, 475
• Reter, Ray R., 858
• Reuss, Henry S., 388n
• Review Committee for Balance of Payment Statistics, 182, 269
• Rey, Jean, 491, 506, 635, 680–682, 927n
  • Kennedy Round, 694–695, 711–719, 801, 803, 806–807, 891, 894–896, 899, 901–903, 915–916, 932, 937
• Reynolds, James J., 941, 943
• Rhodesia, 732–733, 833
• Ribicoff, Abraham, 756, 775, 778, 811, 881–882, 887, 925, 942, 965
• Rice, 862
• Richardson, R., 244
• Rickett, Denis, 334, 434, 436
• Roberts, Juanita, 106
• Robertson, James Louis, 156, 215, 237n , 319n
  • Balance-of-payments programs, 197, 205–207, 209, 227–228, 230, 239–240, 275, 285–286, 312, 317, 428–429
  • Cabinet Committee on the Balance of Payments, 226, 255
  • Import financing, 297
  • Interest Equalization Tax, 221, 321, 462–463
  • Travel abroad by U.S. citizens, 325–326
  • U.S. support for sterling, 563–565, 566n
  • Voluntary Cooperation Program, 216, 223, 320
• Robertson, Willis A., 70
• Rockefeller, David, 112, 174n , 534
• Rodino, Peter, 803
• Roll, Eric, 28–29
• Rommel, Wilfred H., 546
• Rooney, John J., 295, 323, 524, 546–547
• Roosa, Robert V., 15–19, 174, 499, 534
• Roosevelt, Franklin D., 97
• Roosevelt, Franklin D., Jr., 82, 85n , 625n , 645n
• Ross, Stan, 478
• Rostow, Eugene V., 301n , 306n , 319n , 327, 334n , 416n , 418, 544n , 576n , 892n
  • Balance of payments, 308
    • 1968 program, 469, 479, 502–504
      • Negotiations regarding, 506, 513–514
      • Notification of foreign leaders regarding, 479–480, 484–486, 501
  • Convention for the Settlement of Investment Disputes, 417
  • Deutschemark revaluation, 562
  • International monetary crisis, 580n
  • Kennedy Round, 889–890, 898, 919, 927–928
  • Mandatory controls on overseas investment, 464
  • Sterling crisis, 436, 563, 565
  • Taxation, 463, 470
  • Travel abroad by U.S. citizens, 310, 324–325, 327, 331, 332
• Rostow, Walt W., 334n , 501n , 559n , 569n , 872n , 959n
  • Balance-of-payments programs, 427–428, 454–455, 479, 487–495, 612
  • Deutschemark revaluation, 573–574
  • Exchange Stabilization Fund, 340–341
  • Franc devaluation, 573–574
  • Gold, 446–448, 451, 453n , 533–539
  • International monetary crisis, 580n , 581–582, 589, 600, 602, 605–606
  • Kennedy Round, 890, 898
  • Military expenditures, 408
  • Reserve assets, internationat 350–351
  • Special Drawing Rights, 541
  • Sterling crisis, 436–438, 440, 446, 573–574
  • U.S. funding of short-term credits, 419–420, 557–558
• Roth, William, 2, 306n , 319n , 505n , 507n , 508n , 633n , 635n , 642n , 651n , 680n , 777n , 843n
  • American selling price (ASP) system, 753–757, 778, 879–884, 898, 900
  • Antidumping, 779–781
  • Balance of payments, 1968 program, 465, 479, 487, 489, 495–500, 508n
  • Border taxes, 457–458, 460, 470
  • British-U.S. trade talks, 759–762, 764–766
  • Cabinet Committee on the Balance of Payments, 226
  • Deming Group, 455n
  • Escape-clause actions, 960–966
  • Flat-rate tariff proposals, 540
  • General Agreement on Tariffs and Trade, 809–811
  • Import duties, 198, 532–533
  • Japanese import controls, 946
  • Kennedy Round, 183, 698, 801–802, 819, 834n
    • Agriculture, 726, 803–804, 806–807, 839–841, 907
      • Grains prices, 724, 906
      • Guidelines for negotiations on,
      • U.S. position, 668–670, 702–703, 717–718
      • Meats, 914, 919
      • Submission of offers for, 743, 844–845
    • Approval of, 951–955
    • Bilateral talks and agreements, 915–916, 927, 956–957
    • Concluding phase of, 919, 923–925, 931–935, 956–958, 959n
    • Exceptions lists, 719
    • French-U.S. conflict in, 736
    • Industrial products, 807, 907, 921
    • Positive lists, 899–901
    • Reciprocity, 908
    • Supplemental U.S. offers, 877–879, 886–888, 910–913
    • U.S. strategies for, 888–892, 904–905, 909–910
  • Mandatory controls on direct investment, 465
  • Protectionism, 966–967
  • Reserve assets, internationat 349
  • Trade Expansion Act renewat 850–851
  • Trade policies of the U.S., 874, 884–885, 974
  • Travel abroad by U.S. citizens, 198, 324, 332
  • Voluntary Cooperation Program, 216–217, 229–230
• Round wire, 887
• Rubber, 254, 281 852
• Rubber-soled footwear, 753–754, 756–757, 761, 774–778, 880–883, 887, 939, 944
• Rueff (France), 300
• Rusk, Dean, 666n , 677n
  • Australian-U.S. relations, 133, 156
  • Balance-of-payments program for 1968, 465, 469, 478–480, 501, 507–508
  • Border taxes, 470
  • British-U.S. monetary talks, 299n
  • Cabinet Committee on Export Expansion, 9n , 613, 614n
  • Economic/commercial career program, establishmentof, 643, 654–656
  • General Agreement on Tariffs and Trade, 969
  • German offset purchases, 139, 141–142
  • IMF quota increases, 126–127
  • International monetary crisis, 602, 606
  • Kennedy Round, 631, 914, 927
    • Concluding phase of, 919, 922, 925, 936, 941
    • Submission of agricultural offers, 743–744, 844–845
    • U.S. strategies for, 889, 908
  • Military expenditures, 301, 408
  • Protectionism, 966–968
  • Special Trade Representative, appointment of, 873
  • Trade policies of the U.S., 846, 874–876, 884–885
  • Travel taxes, 84
  • U.S. Information Agency (USIA), 630
  • U.S. exports, 183, 629–630
  • Voluntary Cooperation Program, 225–226
• Russell, Richard, 965
• Ryrie (U.K.), 334
• Ryss (Treasury), 759, 933
• Sacchet, Edward M., 727n
• Saltonstall, Leverett, 864–865
• Samuels, Howard J., 521n , 546–548
• Sanders, Harold, 934n
• Sato, Eisako, 111, 484–486, 510–511, 545, 830, 870, 947–950
• Saudi Arabia, 232, 280
• Saunders, Stuart T., 115
• Savings programs, compulsory:
  • For government employees, 221, 234, 248
  • For overseas troops, 220, 248
• Saylor Amendment, 66
• Scandinavia (see also individual countries), 480, 495, 498, 597, 710, 760–761, 788, 798–799, 814–815, 908, 948
• Schaetzel, J. Robert, 725–726
• Schaffner, Philip P., 179n , 244, 293n , 306n , 319n , 326n
• Schiff, Frank, 244
• Schiff, Stanley D., 801n
• Schiller, Karl:
  • International monetary crisis, 578, 582–586, 588, 590–599, 603
  • Reserve assets, international, 329, 337, 344, 347–348, 350–351, 357, 363, 368n , 375–383, 390, 409–410
  • U.S. balance-of-payments program for 1968, 513–514
• Schlecht (FRG), 513
• Schleiminger, Guenther, 577
• Schlosser Braun (EEC), 866, 886
• Schmidhauser, John R., 887
• Schmuecker (FRG), 16
• Schnittker, John A., 205, 220, 306n , 311, 970
  • British-U.S. trade talks, 759, 765
  • Cabinet Committee on the Balance of Payments, 226, 230, 244, 255
  • Kennedy Round, 726, 744, 889–890, 892, 898, 905–906, 909, 931, 933
  • Taxation on travel abroad by U.S. citizens, 264, 267
• Schoellhorn, Johann, 377–382, 408n , 513–514
• Schultze, Charles L., 237n , 306n , 319n
  • Balance of payments, 2, 77, 182–183, 199, 212, 221, 465, 469, 479
  • Cabinet Committee on the Balance of Payments, 255
  • Exports, 207, 297
  • International transactions of Federal agencies, 168–169, 198, 252, 271, 295–296
  • Sales from government stockpiles, 180–181
  • Taxation, 440–441, 443, 445, 470
  • Travel abroad by U.S. citizens, 264–265, 267, 323, 325, 332
  • Voluntary Cooperation Program, 200, 216
  • Wage-price stability, 180
• Schweiker, Richard, S., 964
• Schweitzer, Pierre-Paul, 16, 172n , 436, 560
  • Gold, 362–363, 538–539
  • Group of Ten Ministerial Meeting, July 1967, 392
  • IMF quotas, 19, 22, 25
  • International monetary crisis, 580n , 591, 597–598, 610
  • Reserve assets, international, 359, 363–367
• Schwenger (Labor), 759
• Scott, Hugh, 963, 965
• Scovill Manufacturing Company, 888
• Securities:
  • “Delaware subsidiary,” 258
  • U.S. foreign-denominated, 42
• Securities and Exchange Commission (SEC), 70
• See the U.S.A. Committee, 439
• Senate, U.S. (see also Congress, U.S.):
  • Appropriations Committee, 656n
  • Escape-clause actions, 961, 964–965
  • Finance Committee, 550, 756, 775, 781, 810–811, 881–883, 893, 898, 900, 926, 966–967
  • Foreign Relations Committee, 781
  • GATT negotiations on agriculture, 863–864
  • Gold cover requirement, elimination of, 534
  • Interest Equalization Tax, 13, 163
  • Judiciary Patents, Trademarks and Copyrights Subcommittee, 735n
  • Latin American trade barriers, 857
  • Minimum Wage Bill, 180
• Sharp, Mitchell, 412, 451n , 480, 531
• Shaw, William H., 402n , 403, 408, 414, 424n , 450, 479
• Sheet glass, 960–961, 963
• Shipping (see also under Labor issues):
  • Rates, 93, 167, 181, 297
  • U.S.-flag carriers, 82, 181, 207, 235, 249
• Shoe mission, 659
• Shoes. See Footwear, rubber-soled.
• Shooshan, Harry M., 439, 933
• Short, Robert E., 372–374, 385–386
• Shullaw, Harold J., 51n
• Shuman, Charles B., 865n
• Silk, 667
• Simanis, Joseph G., 759, 856
• Simpich, Fred, 81n , 413–414, 418–419
• Singer Company, The, 449–450
• Sisal, 53
• Sisco, Joseph J., 606, 847n
• Slevin, 193, 201
• Small Business Administration (SBA), 613n
• Smathers, George A., 479, 756, 778, 863–864, 881, 925
• Smith, Bromley, 340n , 557n , 606, 618n , 890
• Smith, Cyrus R., 547–548, 571
• Smith, Margaret Chase, 965
• Snap fasteners, 887–888
• Sneider, Richard L., 545n
• Snoy et d’Oppuers, Jean, 584, 594–595, 597
• Solomon, Anthony M., 175, 182–183, 284n , 319n , 334n , 503, 505n , 508n , 540n , 576n , 819n , 843n , 892n
  • Balance-of-payments programs, 292, 468, 479–480
  • Cabinet Committee on the Balance of Payments, 244
  • Deming Group, 455n
  • Exchange restrictions on foreign tourists, 201–202
  • Export-Import Bank, 463–464
  • French gold purchases, 290n
  • Interest Equalization Tax, 322, 463
  • International Monetary Fund, 388, 392
  • Kennedy Round, 724, 889, 898, 914, 919, 925
  • Special Drawing Rights, 544n
  • Sterling, support for, 423, 558
  • Trade policies of the U.S., 846, 849, 874, 884
  • Travel abroad by U.S. citizens, 324–325
  • Travel Task Force, 439
  • U.S. investment in less-developed countries, 463
  • Vietnamese investment in U.S. bonds, 245
• Solomon, Robert, 172n
• South Africa, Republic of, 46, 191, 201, 474, 771
  • Kennedy Round, 831, 833, 854
• Southard, Frank A., Jr., 362, 365–367, 577
• Southeast Asia, 186, 234
  • Balance-of-payments costs in, 161, 239, 269–270, 275
  • Military spending in, 165, 181, 185, 219, 245, 252, 461
• Soviet Bloc:
  • U.S. exports to, 58, 63
    • Agricultural, 85, 220, 228, 235, 249
  • U.S. visa requirements for citizens of the, 519
• Soviet Union (see also Soviet and Soviet Union subheadings under other subjects):
  • British sterling crisis, 176
  • Canadian wheat sales to, 72, 109, 181
  • East-West military reductions, 302
  • U.S. wheat sales to, 72, 214, 235, 249, 254, 280
• Soybeans, 311, 669, 698
• Spaak, Paul-Henri, 646, 651n
• Spain, 556
  • Kennedy Round, 732–733, 833, 938
  • Offset arrangements with, 246, 252
  • Purchases of U.S. gold, 72, 146
  • World War II debt, 252
• Special Drawing Rights in the Fund (see also Illustrative Reserve Unit Scheme; Liquidity, international; Reserve assets, international), 45, 353–354, 539
  • Approval of, 541–544
  • Belgian position, 387, 543–544
  • British position, 387
  • Canadian position, 387
  • European position, 496
  • French position, 352, 363–364, 387, 410, 514, 543–544
  • Germany, Federal Republic of, position, 352, 387, 543–544
  • Harmonization, 409
  • Italian position, 543–544
  • Japanese position, 387
  • Netherlands position, 387, 543–544
  • Outline for, 408–412
  • Reconstitution, 388, 390–392, 409
  • U.S. position, 345, 347n , 358–359, 368, 383, 387, 395–399, 456, 536
• Special Interdepartmental Group, 499
• Spong, William B., Jr., 965
• Springsteen, George S., 284n
• Staats, Elmer B., 184
• Stahnke, P. K., 545n
• State-Commerce Agreement on International Commercial Activities, 643
• Steel. See under Industrial products under Kennedy Round.
• Sterling crisis. See Monetary situation under United Kingdom.
• Sterling Drug Co., 449
• Stevens, Bob, 661
• Stewart, Michael, 29, 928
• Stockpile disposal, 180–181, 250, 254, 281
• Stoessel, Walter J., 284n , 290n , 299n , 847n
• Stopper, Edwin, 584, 594, 609
• Stratton, Samuel S., 964
• Strauss, Franz Josef, 375, 574, 578, 587, 592, 595, 605, 608
• Strauss (Commerce), 759
• Study Group on Reserve Assets (Ossola Group), 18–19, 22
• Subsidies:
  • For grain, see Grains prices under Kennedy Round: Agriculture
  • For transportation costs, 249, 254, 280
• Suez Canal, 420, 434
• Sugar, 662–663, 665–666, 806, 817, 853, 922
• Sullivan, Charles, 211–212
• Summers, Thomas E., 30n
• Sunray DX Oil Company, 449
• Surrey, Stanley S., 193, 464
• Sweden (see also Swedish subheadings under other subjects):
  • Group of Ten membership for, 45n
  • International liquidity, 301
  • Kennedy Round, 832–833, 911
  • Sterling crisis, 570
• Switzerland (see also Swiss subheadings under other subjects), 570, 833, 880
  • Estate tax rates in, 69
  • French franc devaluation, effect of, 560–561, 575
  • Group of Ten membership for, 45n
  • U.S. gold sales to, 71, 146
• Symington, Stewart, 183, 207
• Symington Bill, 180
• Table flatware, stainless-steel, 807, 960–963
• Taiwan, 245
• Taiwan Straits, 37
• Talmadge, Herman, 444, 811, 882–883, 887, 925, 965
• Tariff Commission:
  • Adjustment assistance, 722
  • American Selling Price (ASP) system, 753–757, 761, 776–779, 798, 801–802
  • Apparel, 967
  • Escape clause actions, 942, 961–964
  • Import quotas, 657, 826
  • Kennedy Round, 954
    • Exceptions, 632, 638–640
    • U.S. tariff concessions, 683, 878
  • Leather gloves, 912
  • Steel imports, 623–625
  • Textiles, 967
  • Watches, 712, 868
• Tariffs (see also Kennedy Round):
  • Ad valorem duties, 678, 755–756, 776
  • Fixed, 663, 665, 688
  • Flat rate proposals, 540–541
  • On manufactured goods, 53–54
  • Variable, 665, 688
• Task Force on Foreign Economic Policy report, 34–51, 63–66
• Task Force on Promoting Increased
  • Foreign Investment and Increased
  • Foreign Financing, 10, 66–71
• Taxation (see also Import duty exemptions; Interest Equalization Tax; Passport fees):
  • Border taxes, 501
    • Australian position, 492, 504
    • Belgian position, 491
    • British position, 459, 497
    • Canadian position, 457, 459, 531
    • In the EEC, 404, 586, 939, 942, 954, 973
    • European position, 457–458, 496–497
    • Germany, Federal Republic of, position, 405, 457, 460, 489, 582–584, 589–590, 592, 600
    • Japanese position, 457, 459, 492, 504, 545
    • Less-developed countries, exemption for, 459
    • Negotiations regarding, 503–504
    • Netherlands position, 457, 491
    • New Zealand position, 504
    • Swiss position, 497
    • U.S. planning for, 454, 457–460, 467–470, 476–478, 485–486, 507
  • Capital gains taxes, 69
  • On direct U.S. investment overseas, 95–96
  • Domestic investment, incentives to encourage, 184–185
  • On earnings retained abroad, 455
  • Estate taxes on nonresident aliens, 69
  • Of former U.S. citizens, 69–70
  • On gold, 495
  • Incentives for exports, 424–425, 433
  • Of income from private foreign investment, 78, 168
  • Income taxes, 69, 266–268, 272–273
  • Increases in, 283, 440–446, 453n , 482–483, 496, 504
  • Of long-term non-bank loans, 88
  • Of long-term overseas bank loans, 74–75, 83, 88
  • Of short-term investments, 95–96
  • Student exemptions, 242, 244
  • Travel taxes, 59, 75, 94–97, 99
    • European position, 497–498
    • Executive Committee proposal for, 253–254
    • Flat-rate tariff proposal, 196, 532–533, 540–541
    • On military personnel, 95
    • Opposition to, 256, 263–268, 286–287
    • Per-diem on tourists, 467–468, 470
    • Regressive character of, 78, 95, 266, 322–323
    • On tariff-exempt gift packages, 332, 550
    • Temporary, 455
    • On transportation, 464, 470, 550
    • Treasury proposal for, 81–82, 84, 240–244, 271, 467
    • Types of, 221
    • On U.S. businesspeople transferred abroad, 242, 744
  • Of U.S. base corporations, 149
  • Value added taxes, 514
  • Vietnam War surcharge, 268
  • Under Voluntary Cooperation Program, 159
  • Withholding taxes, 70
• Tea, 53, 852
• Teague, Charles M., 657
• Telecommunications, 773
• Television programs, 763
• Texaco, 461
• Textiles. See under Kennedy Round.
• Thailand, 465n
  • Investment in the U.S. by,