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2 K: So, will it be necessary for the President to get into it with Pompidou? C: Hell, yes. Henry, I have got to come and talk to you. Rogers is leaving tomorrow to go to NATO. I have got to somehow get Bill briefed and I guess the best way is to get the President to talk to Bill. K: The President is in Key Biscayne. C: I know. He would have to do it on the phone. K: Well, what do you want Bill to know. C: I want Bill to hold firm. We had four hours on trade and we have to keep them down. Tom Barber made himself look silly saying he didn't realize this was a matter under discussion. He didn't think this was a matter of serious concern. I said we have been try- ing to tell him that for three-and-a-half months. You can be sure there is not going to be a solution to the problem until something is done. You can be sure there will never be an Administration re- questing changing the price of gold unless it is accompanied by trade matter changes on the measure. The net of it was we can't do it here. So I said, Let's bring in Barr and the agricultural experts. We had Eberly who talked to the Germans, French, etc. He called the British and they politely said no. The French said no. We read that off in the meeting. This went on for four hours. We had a real rough one stirring on this. You aks us to take you on, to have faith in you when you have done nothing for three months. We got Barr in there and told him to get negotiations going immediately. So Eberly is going back there Monday with agricultural people. The thing we have to realize is that we are not going to get the alignment we could. K: I don't think we are going to get any alignment unless we change the price of gold. C: My judgment is that if we to give on the price of gold what do we get. Not a goddamn thing. The only thing I can get are some stuff on burden sharing. The Germans told me we could get some- thing on trade, and specifically the following: 1. An agreement on grain storage for this year and next. This is enormous in the farm belt. 2. An agreement on pricing - agricultural pricing. Maybe even a declaration on farm pricing.

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