Word: systemization
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Dates: during 1960-1969
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...your cover story on the French monetary crisis [Nov. 29]: more important, perhaps, than an overhauling of the world's monetary system is an overhauling of the nationalistic attitudes toward international economic policies. Germany refuses to revalue the Deutsche Mark, and Germans applaud the victory over France. France refuses to devalue the franc, and De Gaulle envisions the nation's return to the head of the pack. If forced to devalue. France threatens a devaluation of such magnitude as to pull down other currencies with the franc. The U.S. dogmatically upholds the value of the dollar. The world...
...Your excellent coverage of the monetary crisis shows the disastrous effects of fear and confusion. Let us hope Mr. Nixon learns the lesson. He must take positive steps to build a healthy monetary system the first few weeks he is in office. If he resorts to more self-defeating gimmicks, as the present Administration has, we shall likely have the worst recession since...
...Department and the Central Intelligence Agency, the NSC-was designed to integrate military, diplomatic and economic policies. Harry Truman did little to develop the NSC, but under Eisenhower it became an important force and acquired two subordinate branches, a planning board and an operations-coordinating board. Critics of the system charged that the NSC structure amounted to an obstructive bureaucracy. The Kennedy Administration did away with the subsidiary boards and operated on a more informal basis, with McGeorge Bundy running the White House's "little State Department." Lyndon Johnson continued the Kennedy practice, first with Bundy and then with...
Whatever the system employed, there can be no argument that a world power must constantly seek to anticipate major problems and to be prepared with fresh ideas to cope with them. Kissinger said that his major assignment would be to "make certain that the planning mechanism of the Government functions more effectively and presents to the President all of the relevant contingencies and choices." This implies liberating Kissinger from much of the hour-to-hour drudgery-the monitoring of cables from abroad and memoran dums from agencies in Washington-that kept Bundy and Rostow tied to the "situation room" beneath...
Under No Gun. Like most proposed reforms, Nixon's looked fine on paper. Whether in fact they will prove more efficacious than the present system is uncertain. Much will depend on the quality of the brainpower assembled under Kissinger, the ability of the State Department and the Pentagon to function more independently than at present while still satisfying the President, and whether the pace and press of developments abroad permit the top echelon of Government the luxury of deep thought...