WORLD MONEY: Hints of a Deal

Tall-talking Treasury Secretary John Connally heads to Rome for a meeting of the Group of Ten rich nations this week, and there are hints that the U.S. at last may be willing to make a deal to settle the world money upheaval. Powerful U.S. officials are pressing for a speedier settlement than Connally had envisioned, at possibly a lower price than he had hoped to obtain from foreign nations. Federal Reserve Board Chairman Arthur F. Burns has told President Nixon that an agreement is urgently needed to prevent a world economic slowdown. Foreign Policy Adviser Henry Kissinger has...

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