Word: rying
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French Finance Minister Valéry Giscard d'Estaing has also called for the Group of Ten to create its own money, but he wants to use it only as a minor supplement to gold. France's main aim is to upgrade the importance of gold, of which it has plenty, and downgrade the dollar and the pound. The Common Market is talking about printing a six-nation money, and its economic chief, Robert Marjolin, figures that such a move could later open the way for a Group of Ten money. The U.S. opposes the idea...
...French Cabinet is debating whether it should impose firmer controls on the French economy. Influential former Premier Michel Debré is pressing for more controls; Pompidou and Finance Minister Valéry Giscard d'Estaing argue for more free enterprise. Though the Gaullists see no compelling political reasons at the moment for relaxing the present unpopular controls, most Frenchmen are confident that relief will come later this year. Reason: the next French presidential election must be held by December, and De Gaulle will want his voters to be contented and prospering...
...from that time. The testimony of universally respected reporters, like Bill Mauldin, that the Viet Cong attacking Pleiku carried documents proving beyond doubt that they were part of a special mission form the North, is simply beyond dispute. Eighty tons of armament from the North were captured at Vung Ry Bay alone last Saturday. That the Pleiku attackers were not sheltered by the peasants because they were from the North proves may peasants are loyal...
...wooed by everyone from the torrid Latins to the cool Scandinavians. In the past two months it has signed new trade pacts with France, Denmark and Italy. France, in fact, is aiming to overtake West Germany as the biggest dealer with Communism. Two months ago, Finance Minister Valéry Giscard d'Estaing signed a treaty to double trade with Russia to $700 million over the next five years; next month he will talk to Bulgaria...
OSCAR PETERSON TRIO PLUS ONE (Mercu-ry). The guest plus is Trumpeter Clark Terry, who makes himself right at home, tearing along breakneck above Ray Brown's bouncing bass in Squeaky's Blues, weeping into his flugelhorn in They Didn't Believe Me, choking out a funny song of his own called Incoherent Blues...