Word: flanigan
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...FLANIGAN: Japan's strengths are not so great that we must change our whole society in order to counter them...
...FLANIGAN: It is almost impossible to find out the true domestic prices of Japanese steel...
...FLANIGAN: I think this view of Japan as an invincible monolith probably is not right. The thrust of the argument has been that because they can have a monopoly in Japan, then obviously they are going to be able to beat us. It is my understanding that American business in general feels that monopoly is bad, that it makes people less efficient...
...FLANIGAN: It would be nice to take that proverbial two-by-four and get somebody's attention. But Japan has reduced its items in violation of GATT from 120 to 80, and we expect the number to be down to 40 by September. Meanwhile, we are attempting to negotiate an extension and tightening of the voluntary limitations on steel imports. We have negotiated a voluntary limitation on stainless-steel flatware. We are now talking about shoes, and we may attempt to solve that problem by a voluntary limitation. Is it appropriate that while we are discussing these voluntary limitations...
...PETER M. FLANIGAN, assistant to President Nixon, with special responsibilities for trade and liaison with the business community...