European Stars And Stripes (Newspaper) - August 24, 1978, Darmstadt, Hesse                                Poge 12 the stars and stripes August 1978 William Safire saving the Dollar demands courage by Copenhagen the admiration of europeans or american daring and enter prise surged briefly at the Happy news of the first successful balloon flight across the the Trio of american Balaton its who made history in the Lindbergh tradition reminded the old world that Success is not just the result of technical but the willingness of individuals to risk that emotional reaction is Likely to be Short lived because the impression most europeans have of the is tied directly to the state of the american one cartoonist summed up the mixed emotions with a drawing of the three intrepid balloonist hanging out of their baskets to read a giant sign in the Earth below wet come to latest Exchange rate most americans at Home treat the Dol Lars Carter collapse As an abstraction something that one is expected to Cluck Duck Over but not anything that affects the i columns comments i average american officials abroad Jota the Tutt utting without feeling the Takh their salaries Are automatically and sted to absorb the decline in the Purchas g Power of their but every american lured g abroad by the Welcome reduction in air suddenly is struck by the weakness of f us what is affordable for the a j wage German tourist is not affordable for average american a Lestha luxury red room in London costs Over 50 Ameri i dollars a and a bottle of French in toe in Copenhagen costs an american in a liquor the complacent economists me american can stay that lessens most direct presence in the the plunging Dollar is the most Dan form of protectionism Infra pen is fed by the rising Cost of As s Toyoto and Volkswagen prices soar out of american car manufacturers f no longer have to hold their prices Down to meet foreign most respect for the United As a world Power and reliable ally a tarnishes abroad when the almighty Dol Lar is revealed to be helpless and con the value of the Dollar is a daily by europeans and asians on the stability of the Economy and the compe tence of its for we have been witnessing a massive vote of no what did Carter do to corrupt the integrity of our currency worried most about the level of Unzem the president adopted policies that led to double digit Treasury Secretary who was cheerfully talking Down the Dollar Only last now suggests in the next six we should see the rate of inflation reduced to a Mere s percent nearly double the rate that the Carter administration the president concocted an Alibi for letting our balance of payments go deeply in the it was not his be but the fault of the Congress for not passing an Energy plan a wrong Price contracting approach thai could never provide a Solu Tion to our Energy Europe leaders have bought this car to Wmma Umid in Mcmumm m Conom in it Nfn Tut hum Xii Len m m m no m Cora Mavd m Nerim Ming on a met at the tart or sinn Ter Alibi because it removes their responsibility for helping to support a Central cur Rency Doest the american president agree that there is no Hope for the Dollar until the Congress adopts his plan europeans like to Roar along their Auto Bahns at 75 Miles an hour and deplore the Energy profligacy of the the Only country with a National Speed limit of 55 Miles per president Carter fired Arthur whose sagacity and determination was trusted by the worlds Central Bank and replaced him at the Federal re serve with William who followed White House orders and voted against a necessary hike in interest despite this populist the rates Rose showing world Bankers Millers Ineffie soon he will have to admit How wrong his decision was by recommending another increase in interest rates to help defend the now that Carter has suddenly Dis covered a Dollar crisis that he could have he has responded with a ringing announcement asking his advisers to Tell him what in the world he should do this belated show of confused con Cern May temporarily halt the dollars de in the absence of a real economic will Speed its further Europe who saw British inflation sharply reduced after the International monetary fund demanded spending cuts and know what Amer Ica must do to Rescue its Dollar and restore world Confidence in economic tax cuts to stimulate ments ought to be i Federal spending to the Carter administration i ing to accept a mild recession j to say the ton ploy ment to stimulate to Avert a Hai Curling rect Ping unemployment this requires the kind of i age that Carter has not i kind of economic realism t thai Miller clique does not when Jimmy Carter took a Harry Truman slogan proudly on his desk in the c Little did we realize stops Here would come ton Onur York House assassinations committee nub Uyuk James Kilpatrick far her As a Martyr wont was if my Brothers of the new York times Are As smart As they universally Are bought to they will wiggle out of the Farbe Case As gracefully As they what began As a cause celebre has become a Bummer the whole affair ought Almendes pleading his right of free press to protect his every one of us to the news business is with turn in Prev sol protect the Farber if you came in involves reporter Myron Farber of the As a consequence of his investigate Mario Jas Atevich town several me Small Kiv Erdelt Hospital in new Jersey u years the doctors defense counsel demanded Farmers Farber refused to surrender them to the trial judge forms inspection in the judge then his subpoena was limits in licit impose div the never had bought the to it the trial judge was right Farber was standing u y Hatchl for his Ibe mkt shield Law As if it it 6wbs2kw3535 May provide some tinsel subpoenas of Are going to be ruled i one of the unhappy com Farber affair is thaut Hafl Well intentioned me Mem renew proposals for a in senators Pat Moynihan Alan Cranston of Call Man Philip Crane of our i wish to Jeri we ought to fit one at a the Constitution principle the Power of we accept in i of Congress to Taie it but no on when 1 appeared to be j we Farber had entered tract with Doubleday to i the Pascal Evtech leave a ring around the i Robes of it for All these r throw in his 1 take the Issue of Back to the supreme i moderating toe Bra when we we of facts than the Farnam