Word: turkeys
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Dates: during 1970-1979
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Carter needed lots of G.O.P. help to win the House vote on arms for Turkey...
...most momentous votes in this session of Congress, and the outcome was excruciatingly uncertain until the very last minute. Nearly every member-413 out of 435-turned up to cast a vote on President Carter's request to end the 42 month-old U.S. embargo on arms for Turkey. The ban had infuriated the Turks and weakened the southern flank of NATO. Whether or not Carter would succeed in persuading Congress to lift the embargo was seen as a major test for his Administration...
...lobby, was fighting to keep the embargo. At this point, he had a lone vote in reserve. Opposing him was Democratic Floor Leader James Wright of Texas, who had already used up most of the "sleepers" he could call on to vote for the resumption of arms sales to Turkey. Brademas played his last card and Wright matched him; the tally...
Despite the narrow margin, it was clearly a major victory for President Carter's foreign policy. Since the Senate had voted one week earlier to lift the embargo, full-scale arms transfers to Turkey can resume shortly. The embargo originally had been imposed to pressure the Turks to withdraw their troops from Cyprus, which they had invaded in 1974 to protect the island's Turks from the Greek majority. But the arms ban accomplished little except to damage Turkey's ties to NATO and aggravate the country's domestic political instability...
...which the U.S, shares with Britain and Italy, is that an economic group dominated by the West Germans would end up with conservative fiscal and monetary policies that would severely limit economic growth. Another fear is that the ECU, once established, would invite speculators and governments from Togo to Turkey to dump dollars for the ECU currencies, thus bringing more downward pressure on the dollar. Economist Robert Triffin, a U.S. monetary expert who has long championed a European currency, believes that it would help rather than hurt the dollar's stability in the long run. The final form...