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OCR Page 1 of 28THE
PRESIDENT
HAS
SEEN
/c
DIGEST OF RECENT COMMENT
(WED AM)
JANUARY 16, 1974
ENERGY
Noting Hill Comms looking into E-crisis, CBS AM's Morton
also pointed out that about half of press releases from MCs deal
w/ energy because energy is "in". They found constituents
talking about it, so they want a piece of the energy action. In
press releases, tho, there are no calls for oil company
incentives but more on controls
Duke w/ Today Byline
noted V'gate's affected many things, but not politician's
distaste for plain talk. "Burocratic baffle-gab" thrives as
much as ever, he said, noting RZ accused press of trying to
"complexify" the situation and said a new staffer would "office"
next door to WH. Bush also talked of "permanentizing" RN's
majority, as if he were promoting anti-freeze, and EPA refers
to "advantagingly impacting auto pollution" instead of controlling
it, continued Duke. But "biggest enemy" is Hill where language
takes daily "verbal battering" and "mixed metaphors" are
common. But DOD isn't far behind Hill, referring to a
parachute as an aerodynamic decelerator. While "burocratic
baffle-gab" is herer to stay, Duke said, there's also the
opposite extreme, such as 1 Admin official who said: water
that isn't polluted is better than water that is polluted.
Janssen and Kessler of WS Journal in lead story contend
when finance ministers arrive in Rome, "they will still be
too late. Arabs have already 'reformed' world's monetary
system. The shock of soaring import bills for oil has almost
paralyzed IMF's efforts to write new rules for keeping currency
values stable, 11 and "present hodgepodge of floating exchange
rates has been handed an indefinite new lease on life. 11 An insider
says, "Whole Comm of 20 business as we come to know
it is a dying duck. 11 And they note experts say, "Massive amounts
of dollars and other currencies that Arabs stand to amass could
surely swamp any system of fixed exchange rates. 11
FOREIGN AFFAIRS
Carter of NY News says HAK urged "Israelis, suspicious
but under pressure, 11 to offer further concessions. Said 1:
"We 've no choice, short of another round of war. If these
negotiations don't succeed, there may be war in 2 days. 11
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