Museado / NARA Collection grf-0008 — Collection grf-0008
Recent Folios
Login Register
English (inglés) español magyar (húngaro) हिन्दी (hindi)

Survos folio page chat

Ford Administration Notes from First Cabinet Meeting of New Year

Ask the Scholar

Page 12 of 17
I can add historical knowledge about this page.

Page image

Page 12

OCR

GERALD Rx. - 12 - FORD 1817 President -The President moved to the next agenda topic and introduced Alan Greenspan who gave an economic overview. Greenspan -Mr. Greenspan indicated that the new data is generally negative and that the industrial index is continuing downward. -He sees general erosion continuing in the economy with the homebuilders and auto in- dustries being very weak and inventories being disgorged at a rapid pace. -However, he does not see any indication that there is an acceleration of deterioration which he considers to be very important and perhaps a sign that several months out, we will see a bottoming of the current decline. -He indicated also that most retailers have reduced prices in order to relieve their vast inventories and that the retail market is generally holding up quite well. -He does not anticipate the January rise in un- employment to be significant, certainly not as significant as the December rise. While the January figure could be higher, he doesn't anticipate that it would be dramatically or shockingly higher. Therefore, his conclusion is that the rate of deterioration is peaking out.

Document source description

Topics discussed at the meeting include White House organization, congressional liaison, economic policy, and foreign relations.

Page data

Page
12
Source index
0
Type
photo
Media ID
6b320e63bdfcfc90
Size
unknown

Document data

ID
186639
Core
doc
Type
document
DTO data 
{
    "id": "186639",
    "sourceUrl": "https://catalog.archives.gov/id/186639",
    "contentType": "document",
    "title": "Ford Administration Notes from First Cabinet Meeting of New Year",
    "description": "Topics discussed at the meeting include White House organization, congressional liaison, economic policy, and foreign relations.",
    "citationUrl": "https://catalog.archives.gov/id/186639",
    "collections": [
        "James E. Connor Files",
        "Cabinet Meetings Files"
    ],
    "subjects": [
        "Minutes"
    ],
    "iiifBase": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1132a.TIF",
    "thumbnailUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1132a.TIF",
    "largeImageUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1132a.TIF",
    "imageCount": 17,
    "hasImages": true,
    "source": "import",
    "hasTranscription": false
}

Context sent to Scholar

Document identity 
{
    "localId": "186639",
    "label": "Ford Administration Notes from First Cabinet Meeting of New Year",
    "core": "doc",
    "dtoType": "document",
    "citationUrl": "https://catalog.archives.gov/id/186639"
}
Document source metadata 
{
    "id": "186639",
    "sourceUrl": "https://catalog.archives.gov/id/186639",
    "contentType": "document",
    "title": "Ford Administration Notes from First Cabinet Meeting of New Year",
    "description": "Topics discussed at the meeting include White House organization, congressional liaison, economic policy, and foreign relations.",
    "citationUrl": "https://catalog.archives.gov/id/186639",
    "collections": [
        "James E. Connor Files",
        "Cabinet Meetings Files"
    ],
    "subjects": [
        "Minutes"
    ],
    "iiifBase": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1132a.TIF",
    "thumbnailUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1132a.TIF",
    "largeImageUrl": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1132a.TIF",
    "imageCount": 17,
    "hasImages": true,
    "source": "import",
    "hasTranscription": false
}
Document source extras 
{
    "url": "https://catalog.archives.gov/id/186639",
    "naId": 186639,
    "levelOfDescription": "item",
    "productionDates": [
        {
            "day": 8,
            "logicalDate": "1975-01-08",
            "month": 1,
            "year": 1975
        }
    ],
    "recordType": "description",
    "ocrSource": "nara-archive"
}
Page context 
{
    "seq": 12,
    "pageIndex": 0,
    "type": "photo",
    "url": "https://s3.amazonaws.com/NARAprodstorage/lz/arcmedia/media/images/29/12/29-1143a.TIF",
    "mediaId": "6b320e63bdfcfc90",
    "ocrText": "GERALD\nRx.\n- 12 -\nFORD\n1817\nPresident\n-The President moved to the next agenda topic\nand introduced Alan Greenspan who\ngave\nan economic\noverview.\nGreenspan\n-Mr. Greenspan indicated that the new data is\ngenerally negative and that the industrial\nindex is continuing downward.\n-He sees general erosion continuing in the\neconomy with the homebuilders and auto in-\ndustries being very weak and inventories\nbeing disgorged at a rapid pace.\n-However, he does not see any indication that\nthere is an acceleration of deterioration\nwhich he considers to be very important and\nperhaps a sign that several months out, we\nwill see a bottoming of the current decline.\n-He indicated also that most retailers have\nreduced prices in order to relieve their vast\ninventories and that the retail market is\ngenerally holding up quite well.\n-He does not anticipate the January rise in un-\nemployment to be significant, certainly not as\nsignificant as the December rise. While the\nJanuary figure could be higher, he doesn't\nanticipate that it would be dramatically or\nshockingly higher. Therefore, his conclusion\nis that the rate of deterioration is peaking\nout."
}