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Economy / International / Germany / England / France #440794

NBC Evening News for Friday, Nov 22, 1968
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(Studio) 10 richest ntns. meeting in Bonn decide to lend France $2 billion. International Monetary Fund to add $1 billion to that. Franc to be devalued. Britain adds new taxes to prevent pound weakening.
REPORTER: Chet Huntley

(Bonn, West Germany) Fin. Mins. shown arriving. United States Treasury Secretary Henry Fowler held out for franc devaluation. Soup kitchen set up for reporters West German Fin. Min. Karl Schiller outlines deal. [SCHILLER - speaks about France's problems.]
REPORTER: Bill Brown

(London, England) British won't devalue but add sales taxes to beer, liquor, cigarettes and gasoline. [Chancellor Exchequer Roy JENKINS - says taxes better than hindering economy recovery with too much spending at home. Bank lending to be cut back, but not for exports.]
REPORTER: George Montgomery

(Paris, France) Premier Maurice Couve de Murville meets with President Chas. De Gaulle. Devaluation may be from 7-10%. Rumored he wanted 20% devaluation. DeGaulle's 78th birthday.
REPORTER: Frank Bourgholtzer

Bourgholtzer, Frank;
Brown, Bill;
Huntley, Chet;
Montgomery, George

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