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161. Minutes of Meeting of the Cabinet Committee on Balance of Payments

ural products and anything associated with the War on Hunger. Secretary Fowler read from his draft letter to the President, the paragraph pertaining to additionality. Next, he pointed out that the $900 million figure only included the Venezuelan and Nigerian oil countries. Finally, he asked, in an effort to create a balanced program can we afford to exclude LDC s under the present conditions? Can we afford to leave a “sky-is-the-limit” atmosphere? Secretary Trowbridge said that the base of 130% is well above the historical average. Administrator Gaud said it does not make any sense to use the …

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