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5 Hans Morgenthau charged HAK arguments that denial of MFN endangers detente and risks nuke war are "astonishing both in themselves and in view of their eminent source. 11 Morgenthau and Nat'l Conference on Soviet Jewry termed it entirely proper for Hill to use US resources to secure free emigration. Top Chase exec in USSR believes US companies still have a friend in USSR despite Soviet unhappiness re: MFN. In fact Chase veep Wentworth sees USSR as more determined than ever that US- USSR trade will flourish, saying "detente may be unraveling in US. but it's not unraveling" in USSR. He does warn Soviets aren't bluffing when they say continued Hill opposition could force Russ to turn to Europe and Japan for money and technology. He asserts Soviets won't ever grant fully free emigration or freedom of press, "but if HAK's requests were anywhere near reasonable, I think he may have got them. 11 Wentworth noted more Jews are emigrating than ever before, but he wouldn't want to be a Soviet Jew if MFN's blocked. AP notes, however, that emigration's down 20% for 1st Q. AFL-CIO urged bill which UPI says would significantly hamper Ex-Im operations. Bill would return Bank to limitations of fedl budget, from which it was released in '71, and bar it from making further loans for energy projects to USSR. Cook Industries, involved in grain sales to USSR-PRC, reported profits up 339%. Spokesman said this resulted more from cornering market on shipping rather than on trade. Schlesinger said DOD's seriously examining plans to reduce # of GIs in Europe. But cuts would hit nonfighting forces and leave combat units untouched. ABC/NBC noted. Scotland Yard says there's a "strong possibility" Wilson will be questioned about the forgery of his signature in what AP calls "mushrooming" real estate scandal. Australia's 16-month-old Labor govt failed to win Senate approval of essential money legis and PM Whitlam said he'd dissolve Parliament w/new elections next month.

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