Word: fowlerize
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...Fowler is an adept negotiator who prepares for every task with compulsive thoroughness. He can be simultaneously friendly and cautious, has a disarming sense of humor. He also possesses a broad, basic background in all areas of the U.S. economy, and a political instinct that has been finely honed during a Washington career of some 32 years, roughly half in Government and half in law practice. He has countless friends in Congress and the business establishment, and he has the ear of Lyndon Johnson, who can hardly find enough adjectives to express his admiration: "He's prudent, careful, able, loyal...
Toward a Détente. Fowler's first stop last week was Paris, where he got a predictably cool reception. Though France was the first to press hard for monetary reform, it is in no rush for it right now, disagrees with the U.S. on how it should be achieved and what nations should carry it out. France's elegant, ambitious Finance Minister Valery Giscard d'Estaing pointedly did not meet Fowler at Orly Airport, and the talks got off to a slow start. After two days of discussion and some gastronomic milestones in Giscard's private dining
...Fowler assured Giscard that Washington will not rush into a hastily prepared monetary conference, and that the U.S. is flexible and open to negotiation about most of its monetary positions. "I came here not to arrange a conference," said Fowler, "but to start discussions that might lead to one." Giscard d'Estaing had thawed so noticeably at the end that he went so far as to violate De Gaulle's French-officials-speak-French policy by rising to toast Fowler in English. The talks clearly produced a détente in the strained Franco-American monetary relations, and they gave...
Flying on to Rome in a two-prop U.S. Air Force Convair T-29, Fowler met with Italian Prime Minister Aldo Moro, Governor of the Bank of Italy Guido Carli, and Treasury Minister Emilio Colombo. The Italians have been more sympathetic than most Europeans to the U.S. call for reform, and this time the meetings were cordial from the beginning. "We have given our fullest support" to the idea of an international conference, said Minister Colombo as he and Fowler left the meeting. For the first time, Fowler indicated that the U.S. has a time table for reform: talks...
...Bonn, Fowler found the West Germans more receptive to his call for a monetary summit meeting than the French, but somewhat less so than the Italians. The Germans are not so much worried about the possibility of a money shortage as they are about the inroads of U.S.-owned firms, would like to put limits on the amount of dollars that U.S. businessmen could spend abroad. As Fowler at week's end prepared to move on for talks in Sweden, Britain and The Netherlands, however, he was heartened and surprised by the extraordinarily warm tribute of Bundesbank President Karl Blessing...