Committee on the Present Danger Announces Its Existence – Rita Hauser: Soviets Are Isolated in the Middle East – Rostow Pushes for Mideast Regional War.
Pittsburgh Press on Ford Speech – Scranton: USLP “Says the Truth” – Can a Man No Longer Trusted By the Co-Chairman of His National Steering Committee Be Trusted by You? A Personal Warning About Jimmy Carter – Der Stern: "Will a Peanut Farmer Become World’s Most Powerful Man?"
Brezhnev’s Speech to Soviet Communist Party’s Central Committee – East Germans Remind Haig, B.R.D.: ‘Blitzkrieg’ Is a Losing Strategy – New Times: “Pentagon Weapons, Power And Policy” – Tass: PCF “Captive Nations” Rally “A Blow Against International Detente.”
Callaghan: Don’t Push Us Too Far – Press, Labor, Members of Parliament Mobilize Support for Callaghan – Treasury and Fed: “U.S. Won’t Fund Sterling” – New York Banks: Callaghan Must Make Cuts Now – Die Welt: Higher Oil Price Endangers Western Europe – B.R.D. Chamber of Commerce Chief Demands Investment in Real Production, Calls GNP Growth “Deceiving” – French Financial Press Sees New Recession; Says Debt Unpayable – Jobert Addresses Second Congress of Movement of Democrats – Gaullist Admiral Sees No Barriers to Working With Communists.
“Israel’s Interest Is Peace, But They’re Making War” — Mideast Expert: Permanent Israeli Occupation in Lebanon Could Trigger War.
Pro-Development Politicians Denounce Devaluations — “Monetarist Measures Must Be Abandoned” — Devaluation: Friedman’s Program — New York Broker: “Mexico Is Not Yet Safe for the Dollar.”