Business: NIXON'S FIGHT AGAINST ECONOMIC PROBLEM NO. 1

A5 a prelude to President Nixon's forthcoming trip, a team of top U.S. moneymen traveled to Europe last week for the new Administration's first formal contacts with European economic officials. At the week-long meetings in Paris of the 22-nation Organization for European Cooperation and Development, the delegation earned high marks and persuaded even the skeptics that the U.S. economy is in good hands. The Europeans wanted some indication of U.S. determination to handle its No. 1 economic problem: inflation. The Americans did not disappoint them. "If we have one objective, it is to...

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