EVENING NOTES

• Document Type: CREST
• Collection: Library of Congress
• Document Number (FOIA) /ESDN (CREST): LOC-HAK-548-6-12-4
• Release Decision: RIPLIM
• Original Classification: T
• Document Page Count: 6
• Document Creation Date: January 11, 2017
• Document Release Date: August 24, 2010
• Sequence Number: 12
• Publication Date: February 14, 1973
• Content Type: CABLE

It No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
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FM THE SITUATION ROOM TOHAX 169
TO RODMAN/LORD FOR DR, KISSINGER
ZEM
T 0 F S E C R E T SENSITIVE CONTAINS CODEWORD WHS0518
TOHAK 169
TOP SECRET /SENSITIVE
CONTAINS COUEWORD
MEMORANDUM FOR DR KISSINGER
FROM: SITUATION ROOM
SUBJECT: EVENING NOTES
FEBRUARY 149 1973
53
OSD and NSA
Reviews
Completed
No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
 No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
TOP SECRET/SENSITIVE
CONTAINS CODEWORD
No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
 TOP SECRETJSENSITIVE V,
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No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
CONTAINS CODEVORD
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No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
THE EVENING STAR AND WASHINGTON DAILY MEWS. IN SAN DIEGO
THE FIRST TWO RELEASED POWS ARRIVED ON U.S. SOIL LAST NIGHT.
BOTH MEN ARRIVED AHEAD OF SCHEDULE TO VISIT THEIR SERIOUSLY
ILL MOTHERS. MEANWHILE* AN ADDITIONAL 20 RELEASED POWS LEFT
CLARK AIR BASE TODAY FOR CALIFORNIA. TWO MORE PLANE LOADS
OF ABOUT 20 MEN EACH LEAVE TOMORROW. PROCESSING OF THE LIEN
IS ABOUT 24 HOURS AHEAD OF SCHEDULE DUE TO THE GENERALLY
GOOD HEALTH OF THE MEN. (A 1-)
OSWALD JOHNSTON WRITES THAT THE ADMINISTRATION?S CAMPAIGN
TO SHORE UP AMERICAN ECONOMIC POWER ABROAD CAME AS A TIMELY
OPPORTUNITY AS THE DOLLAR CRISIS ERUPTED, UP TO THAT TIME
ADMINISTRATIVE OFFICIALS WERE QUIETLY PLODDING ALONG WITH A
LOW-KEY 9 LOW-LEVEL DIPLOMATIC CAMPAIGN TO VIM VEST EUROPEAN
AND JAPANESE COOPERATION AFTER THE NATIONS RECORD 1972 TRADE
DEFICIT OF $6.4 BILLION, THEN AS THE CRISIS STRUCK, THE PRESI-
DENT SENT HIS 'CHIEF MONETARY ENVOY PAUL VOLCRER 'ON A WHIRL-
WIND TOUR OF WORLD TRADING CAPITALS WITH A MANDATE TO WORK
OUT A MONETARY SETTLE PEE NT W IT HI N A FEW DAYS. (A 1)
TOP SECRET/SENSITIVE
CONTAINS CODEWORD
IET
No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
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TOP SECRI No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4
CONTAINS CODEWORD 63- Top
THE DOLLAR OPENED STRONG ON THE FRANKFURT FOREIGN CURRENCY
MARKET TODAY AS MAJOR EXCHANGES IN WESTERN EUROPE AND JAPAN
REOPENED FOR THE FIRST TIME SINCE THE DEVALUATION OF THE DOLLAR.
HOWEVER, TRADING WAS QUIET. IN TOKYO THE DOLLAR CLOSED AT
274.80 YEN! ENDING THE FIRST DAY OF THE NEW YEN FLOAT. IT
HAD OPENED AT"273.10 YEN, DOWN FROM 301.10 FRIDAY, THE LAST
DAY THE MARKET WAS OPEN. FIVE OTHER FINANCIALLY IMPORTANT
COUNTRIES -- BRITAIN' CANADA, ITALY; SWITZERLAND AND JAPAN f
ARE NOW ALLOWING THEIR CURRENCIES TO FLOAT OUTSIDE FIXED
EXCHANGE RATES. CA 5)
A STAR EDITORIAL SEES THE DOLLAR DEVALUATION AS INEVITABLE IN
SOME "ORMv GIVEN THE RECENT FACTS OF INTERNATIONAL ECONOMICS..
THE FLIGHT FROM OUR CURRENCY IN THE WORLD'S MONEY MARKETS
REFLECTED FIRM EVIDENCE THAT THE DOLLAR WAS OVERVALUED WITH
RESPECT TO SOME OTHER STRONG CURRENCIES, NOTABLY THE YEN AND
THE MARX. THE EVIDENCE INCLUDED THE WORSENING DEFICITS IN
OUR TRADE AND BALANCE OF PAYMENTS. CA 16)
ANOTHER STAR EDITORIAL SEES DANIEL MOYNIHAN'S DETOUR TO ITALY
AS A MILD REFLECTION OF AMERICAN FURY AT RECENT REMARKS OF
PRIME MINISTER ' GANDHI ,, IN WHICH SHE WAS HARSHLY CRITICAL OF
U.S. POLICY IN ASIA. THE STAR THEN QUESTIONS THE TIMING OF
HER REMARKS WITH THE CEASE-FIRE ALREADY IN EFFECT. A POSSIBLE
EXPLANATION FOR HER PIQUE IS THE UNFORTUNATE OMISSION OF INDI
FROM A Rf No Objection to Declassification in Part 2 110/08/24 : LOC-HAK-548-6-12-4
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A1tiS -THE No-Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4 LOKCRET
PARIS COIQFERE.NCE. ON I PEACE GUARANTEES FOR INDOCHINA IN LIGHT
OF BEING A MAJOR ASIAN POWER AND A MEMBER OF THE OLD ICC:
CA 16)
HENRY BRADSHER WHITES FROM PHNOM PENH THAT THE IDEA OF. PRINCE
SIHANOUK BEING POPULAR IN CAMBODIA AMONG RESPONSIBLE CITIZENS
IS A POPULARITY OF WISHFUL THINKII . CA 24
1500
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No Objection to Declassification in Part 2010/08/24: LOC-HAK-548-6-12-4