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10 OTHER ADMINISTRATION RN issued a Christmas season forecast that events in '72 will be a great step forward toward world peace. As he received an advance copy of Pope Paul's New Year's Day peace message, RN said the fulfillment of the Pope's efforts for peace "would be the best Christmas present to the world. 11 RN appointed John Eugene Sheehan to be a member of the Fed Board of Govs A spokesman for the Fed said Burns "is very pleased with the appointment and believes Mr. Sheehan will make a valuable contribution to the work of the Board. 11 Today's Health presents a straight view of the respon- sibilities of Dr. Tkach and his staff. Note that Tkach is never very far from RN no matter where in the world he is and that Tkach plans to take his whole staff to the PRC. RN, it is emphasized, is in splendid health. ECONOMY NBC noted that Secy. Rogers told how much progress we have made in trade negotiations and Rumsfeld was on hand to tell how much inflation has been reduced. Irving R. Levine said Admin officials S seem to be making a concerted effort to spread Christmas cheer in the form of good economic news. But there seems to be more hope than evidence. A clip of Rogers followed saying we will continue to move forward in trade negotiations. Levine then said that despite hope trade isn't going very well; Japan has interrupted its talks to study its position and the Canada and EEC negotiations are barely moving. When the US removed the surcharge, said Levine, it lost much of its trade negotiation leverage. Admin officials note there is still a moral obligation for our allies to break the trade barriers but even they wonder if the moral pressure is enough. Dan Schorr provided a straight rundown on CLC rulings and then noted that Rumsfeld was "unusually cautious in claiming success. 11 Footage of Rumsfeld stating it's too early to make a firm prediction on success but that he personally believes we will meet the 2-3% inflation rate by the end of '72. Schorr concluded that the Admin isn't sure how well the controls are working

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    "ocrText": "10\nOTHER ADMINISTRATION\nRN issued a Christmas season forecast that\nevents in '72 will be a great step forward toward\nworld peace. As he received an advance copy of Pope\nPaul's New Year's Day peace message, RN said the\nfulfillment of the Pope's efforts for peace \"would be\nthe best Christmas present to the world. 11\nRN\nappointed John Eugene Sheehan to be a member of the\nFed Board of Govs\nA spokesman for the Fed said\nBurns \"is very pleased with the appointment and\nbelieves Mr. Sheehan will make a valuable contribution\nto the work of the Board. 11\nToday's Health presents a straight view of the respon-\nsibilities of Dr. Tkach and his staff. Note that Tkach\nis never very far from RN no matter where in the\nworld he is and that Tkach plans to take his whole\nstaff to the PRC. RN, it is emphasized, is in\nsplendid health.\nECONOMY\nNBC noted that Secy. Rogers told how much progress\nwe have made in trade negotiations and Rumsfeld\nwas on hand to tell how much inflation has been\nreduced. Irving R. Levine said Admin officials S seem\nto be making a concerted effort to spread Christmas\ncheer in the form of good economic news. But there\nseems to be more hope than evidence. A clip of\nRogers followed saying we will continue to move\nforward in trade negotiations. Levine then said that\ndespite hope trade isn't going very well; Japan has\ninterrupted its talks to study its position and the\nCanada and EEC negotiations are barely moving.\nWhen the US removed the surcharge, said Levine,\nit lost much of its trade negotiation leverage. Admin\nofficials note there is still a moral obligation for our\nallies to break the trade barriers but even they wonder\nif the moral pressure is enough.\nDan Schorr provided a straight rundown on CLC rulings\nand then noted that Rumsfeld was \"unusually cautious\nin claiming success. 11 Footage of Rumsfeld stating\nit's too early to make a firm prediction on success but\nthat he personally believes we will meet the 2-3%\ninflation rate by the end of '72. Schorr concluded that\nthe Admin isn't sure how well the controls are working"
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