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OCR Page 1 of 72THE PRESIDENT HAS SEEN
THE WHITE HOUSE
WASHINGTON
Port
MEMORANDUM FOR THE PRESIDENT
Attached are a set of papers on alternative economic
programs as follows:
Tab A: Option I, continuing the present program
with some strengthening.
Tab B: Option II, proposing a freeze and return
to comprehensive and mandatory controls.
Tab C: Proposed radio speech for Option I. (Short and
long versions)
Tab D: Proposed T.V. speech for Option II.
Tab E: Views of those who took part in
the discussion of these options.
Tab F: Views of Cabinet members who have
Run
responded to your request for statements.
Tab G: The fiscal program recently adopted by
the German Government, to which Arthur Burns
especially wanted to call your attention.
Tab H: A "pro" and "con" paper on the freeze-
strong controls option. The "cons"
particularly suggest the nature of problems
to be overcome should this option be chosen.
Tab I: Memo from General Scowcroft on foreign
policy implications of ending PL 480 sales.
(SecRet)
Grego Shells
George P. 0 Shultz
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