b
~RI~N
HONBYCOMBE
~UNNINGORDER B
SUNDAYl';q:hI ~ I ~ H , 1968.
21.55.00.
22.15.00.
TITLE
1.
DEMO FILM "f c~'~
2.
G o t ~ (CAPS)
4.
CANTERBURY (U/LAy ~o-)
v.
(N/L) BRANDS F,ATCH (V'm U/L)
FILM U/!.,AY 7"(C)
/~"
S.
(N/L) CI/~CKET FILM U./L 36"(C)
j
9.
QUSSN MUM (U/LAY 20'~
_
10. SaNI)~ ~J/LAY 2O")
f~
I ' . MSANY s / B y w r R
- 22.09.15.
- 23.29.15.
= 14.15.
= 14.15.
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17th march, 1968
9.55
cem
DEMONSTRATION/TITLE(RUNNING ORDER B)
UE AFTER TITLE:)The assault on Grosvenor
._F"
S q ~ r e . Ten thousand anti-American demonstrators tried
to storm the U . S . embassy in London this evening after a
mass rally in Trafalgar Square. They ~
fought two thousand
policemen for over an hour. At least 45 demonstrators and
11 police were hurt. Keith Hatfield was in the thick of it.
/ i U / L CONTSo SOF STARTS
Itts goi ng, its going.
-ends..,
11/1
jacket pulled off.
In all about 300 people were taken to West
C~I
End police stations. E a r l i e r in the afternoon 200 people
~ J
demonstrated Ik)~rthe A m e r i c a n s . / ~
here
were no
incidents. I~onight all was quiet again on the battle s c a r r e d
l!
lawns of Grosvenor Square.
L&TH
17th March, 1968.
9.55
DEMONSTRATION
F I L M / K E I T H HATFIELD
KEITH HATFIELD: I'm being pushed backwards . . . . . .
a r e just holding,
the police
but they can't hold any more . . . . . . they're all
down on the [loor now, well they've just broken through the police
lines , the column has jjust gone down the road there and
! g:~ther,
has been hit in the f a c e . The column,
is about a mile long. They pushed through the b a r r i e r
lint didn't quite make it as there a r e three mas6u~lines of policemen
three or four deep.
it .
The police a r e just about managing to hold
The
broken.
They're through,
they're through,
they've broken through now, they've broken through.
a r e m o v i ~ in , they're in, the horses a r e in now.
moving in now.
absolute hysteria,
The horses . . . . . . .
The horses
The horses are
They're screaming now,
the horses a r e moving them back now. Since
they reached the s q u a r e ,
haven't as yet drawn truncheons,
real force the police have shown is with the horses.
Now the
fire'-crackers are being thrown at the police horses now.
a horse I see down there with
standing their ground,
they're not backing off.
the banners a r e being used as clubs,
There's
all up his legs.
there's another one right in front of the police horses,
the clubs,
the only
Yes
but they're
Now you can S~r~d flags
the banners/are
being hurlt~l at the police, and the horses and the police are being
hit with the banners now. Off goes another hat, another policeman's
helmet . . . . . sails through the a i r
/
lqth March, 1968
21.55. & :12.15
stevens
BURNET SATELLITZ LEAD IN TITLE STILL (CAP)
News is s t i l l awaited f r o m Washington about the
world's w o r st money ci-isk for 40 y e a r s .
F o r the past 7 h o u r s , talks on the gold rush which led to that c r i s i s - have been going on. There could
be an announcement any moment.
(STILL) The m e n whoq.l make i t a r e the central
tmnking chiefs of A m e r i c a ~ and the 6 other countries in the
international gold pool . - B r i t a i n , Ge rmany,
Switzerland, llaty,
Belgium and Holland.
And theyZve been joined by the head o~ the International
Monetary Fund M r . P i e r r e - P a u l Schwtetser.
j o h n Wheels
waiting in Washingtcm to bri ng u s the l a t e s t news - by satellite -~
In London tonight, M r . Wilson and a group of hi s
M i n i s t e r s have had th eir second meeUng of the day, ~mitlng for
the word from Washington.
S i r Maurice P a r s o n s , of the Bank
of England has joined t h e m .
( U / L ) The P r i m e M i n i s t e r , returned f r o m
Ch eq u er s to Downing Street this afternoon, a ft er a telephone talk
with the Chancellor of the Exchequer, M r . Jenkins. The
Chancellor hurried to No. 10 from his country home in
B e r k s h i r e and other M i n i s t e r s followed h i m in for Ihe this
afternoonis meeting
. . . . MORE
e
17th March 1968
M 21.55 & 22.15
Stevens
RE~E
BURHET SATELLITE LEAD IN (CAPS / VTR PAGE 'I'T~)
The m o ~ likely outcome from Washington is still a
2 - t i e r market in p ld.
(CAP I)
Under this 8ysaem, there'd be an offic/al
market - with the price pegged at its present rate of 35
dollars to the ounce, and an msg~a]aunofficial market,
where the price would find its own level.
(CAP 2)
In the official market, America would contime
to sell gold at $35 an ounce to safe central bankers - not
the French, of course.
(CAP 1)
In the f r e e marketp the price c / g o l d could
go up to (ANIMATE) 45 dollars an ounce, and well beyond.
If South Africa stopped selling her gold output through L o n d ~
and sought a better p r i c e for it elsewhere, then the f r e e gold
price could go a s high (ANIMATE) OO dollars . . . . (ANIMATE)
o r to ST).
Now th4s system mtghtn~t last l o i g . The price
could come tumbling down as s ~ r s
took t h e i r l ~ t i t s .
But many would bang on, wafting for America to pass legialaflon
(CAP 3) upping the offi._.._~ price to 6 0 o r 70 dollars. This
would be a devaluation cf the dollar, but it would mean much mo~
money around the world for trade - and it would help Bri/aln
to get the best benefR from devaluation.
• °.
m o r e
|
17tb March, 1968.
21.55. & 22.15.
stevens
BURNET S A T E L L I T E LEAD IN PAGE THREE
WelIp h o w have the d i s c u s s i o n s gone.
I n W a s h i n g t o n - r e p o r t i n g via satellite - J o h n Whale.
YTR
Sol starts:
ends:
17th March, 1968.
9.55
stevens
SATELLITE ] ~ I ~ [ ] K X / J O H N WHALE
The banker's huddle is o, ruing to an end.
isn't out yet and it will be short when it comes.
Word
But since the
further meeting began t h e r e ' s been a general expectation that
athe outcome would be a system where gold would sell at
two prices,
the lower to central or national banks,
higher one for unofficial dealings.
But the bankers will approve
the announcement without enthusiasm,
foreboding,
and the
perhaps even with
because they will leave Washington tonight {U~d
tomorrow in the s a m e beliefs as they arrived with, that the
cronic
Americans are not doing enough to put right the/iinbalance
in their overseas payments which started the whole thing
Timex It was only a
off.
party at the State Department yesterday
that got the bankers out of the Federal Reserve building.
The President of the German Federal Bank, Dr. Blessing, was
a chief advocste of two prices for gold,, the ,'-,ry system the
gold pool was set up to prevent in 1961. Another believer, Mr.
governor of the Bank of Italy.
yet from France,
keeping
No word
which left the gold pool last summer has been
its gold market open.
The British contingent may
get a melancholy satisfaction from seeing another country besides
Britain accused of flouting economic law.
chairman,
last
Mr. Martin,
The Federal R E s e r v e
in the darker suit,
said again ~
in BasI(
weekend,
that America would maintain the old system of selling
She was
gold to anyone. ~
not believctEuropean Financial authodoxy
reckons that the run on gold of the last few days has permanently upset an
- • • / more
SATELUTE/HOHNWHAL~/PAGETWO
arrangement that was worki~ well.
Monetary Fund,
For the International
Mr. SchweRzer has been more specific.
He
said ten days ago that the American deficit and the Vietnam War
were menacing the stability of the world monetary system. The
Americans a r e still trying to stop their deficit but without stopping
the war.
A Tax increase has long been pressed for by the t r e a s u r y
s e c r e l a r y Mr. Fowler.
Congress won't allow it unless
there's also a cut in government spending.
Yesterday Mr.
Johnson promised one.
PRESIDENT JOHNSON:
W e ' r e meeting at this moment with
the members of the central banks in the world,
a s well as with the leaders of the
We're talking
that can
to the congressional leaders about adjustments and reductions tocbe
made in our national budget.
Congress.
Higher charges a r e going to have to
be made in the next few days. Some desirable programmes of l e s s e r
priority and urgency a r e going to have to be deferred.
WHALE: It's since been learned thatthe ] ~ [ d ~ H ( administration
a r e prepared to cut the ~
money they a r e asking for by over
£ 3000 million pounds in the jcoming y e a r , but the cuts are not going
to #.all on the war effort. Also the President plans ~ another troop
increase in Vietnam - not the 200,000 that has been mentioned byt
somewhere up to 50,000. The American commitment to convert
anstmty's dollars into gold at a set price has been the factor that
has given everybody's currency a fixed value and given the system
itself a certain stability. Not enough people any longer believe that
the Americans can keep that committment. The questi on therefore
becomes how much breathing space the two-price system will
provide,while some new stability is worked put. With me in the
studio is Harvey Siegel who writes on economics f(k the Washington
Posl. Mr. Siegel, would it be possible in fact to keep the two prices
gpnarat@?
4
17th March, 1968
21.55
BURNET/SATELIATE/JOHNWHALF. PAGE T H R ~
SIEGEL: It might be po6slble for a
while, M r . Whale, tm~ I think that
a two-price gold s y s t e m is an inherently unstable one. ~
If the
price of gold in the free market should go to 45 perhaps 55 dollars
an ounce, t h e r e ' s going to be a very strong ~ m p t a t i n n om the
part of central banks to come to the United States t r e a s u r y a m l in
Washington to buy gold at the b a r g a i n price of 35 dol l ars , an ounce.
-
Now the l a r g e e o u n t r i s s , l ' m s u r e they wlll ~
one
can
rely on some s el f-
discipline, but I don't know ff theis wouldbe true of the mini State
k
the very s m a l l and poor countries - I think t l h t the tempation therento
t ~ e their dollars and buy 35 dollar an ounce gold and then to sell it on
the fz;ee market for 55 dollars an ounce i s just too gre a t and ~c c o u r s e the
. . . . . . would have quite a policing problem.
must
WHALe:: So what ram:we look for beyond this special drawing (mr,paper
I~ld, that kind of thing, ?
SEIGEL: I think so, although I don't think t h . t w e ' r e going to get the
special drawing rights, the SD! . . . . . . . . . . .
and ! think it is now a ~
to reallyj do us good bntirely,
r a c e against t i me, The plan i s supposed to be
approved by March 31st, but then a whole theory of the right procedures
and l e g i s l a t u r e s of the individual country s o that I r e a l l y dona't look for
getting any help f r o m the SDI and s o that I think the s y m m that's r e a l l y
go ing to be balanced on a knife edge between confidence and disintigratien
no matter what happems as a r e s u l t of the announcement today,
I
-
,b
,/r
17th msrch, 1968
9.55
BURNET/HONEYCOMBE/HANDOVER (RUNNING ORDER B)
Well - thatts it from Washington for the moment.
P ~
FOr
the
r~st
of the ~ w s -
b~ck t o ~
d
_
_
~ y ~ n n;,V'"
be
,
l?th March, 1968.
9.55
H O N E Y C O M BE / BUIRNET / H A N D O V E R
ALISTAIR BURNET: W e ' r e still waiting for news about how the
central bankers have got on in their talks today.
For the past sevep
hours talks on the gold rush which set off the present c r i s i s have been
going on and an announcement is , of course,
hoped for at any moment.
We don't know whether they will, in fact, reach a decision tonight yet.
The men,
who are in apF rate engaged a r e the central bankers
of America and the six other countries of the International Gold Pool,
Britain, Germany, Italy,
Switzerland, Belgium and Holland.
They've
been joined by the head of the international Money Fund Monsieur P i e r r e
Paul Schweitzer and John Whale is waiting in Washington to bring us the
news at any moment by satellite.
17th march, 1968
9.55
lrr
KE~-NEDY/STILLS
(STILL) Senator Robert Kennedy offered tonight
to co-operate with his rival Senator (STILL) M c C a r ~
in
)
challenging President Johnson bn his handling of the
Vietnam w-,tr. Senator McCarthy didn't think the idea was
very helpfu~ He said there ts no deal between them
n
A m e r i c a n broadcasting network, reported tonight that (STILL)
Senator Kennedy entered the race for the presidential
nomination y e s t e r d a y only after P r e s i d e n t Johnson had turned
down his plan for a special c o m m i s s i o n on the Vietnam war
and refused to appear on television to say that he was revi s i ng
his Vietnam policy.
17th march, 1968
9.55
- 10.15
smith
CANTERBURY/U/L
(U/L) At Canterbury, there's been another big
silver raid after Friday night's theft from the
cathedral. The museum at the Howe barracks c~ the
Queen's Regiment was broken into and regimental plate
and medals stolen. A police spokesman said '~t looks
like another big haul".
17th March, 1968.
21.55. & 22.15.
MURDER (STILLS)
(STILL) The ~1~Irr~of London s t o c k b ~
Michael OeCarroll. Two men have been charged with4~and
will appear at Marylebone court tomorrow. Theytre 30-yearold David Colvan Bolton, a dancing instructor, and 23~yearold Raymond David Cohen, whoYsunemployed.
17th m a r c h , 1968
9, 55 - 1 0 . 1 5
SmERG/U/L(2S").
(U/L) The world's only surviving heart
transplant patient goes home - Dr. Philip Blaiberg,
leaving hospital in Cape Town yesterday, 75 days
after his operation. There to see him off was Professor
Barnard, leader of the transplant team. Dr. Blaiherg
stayed quietly at home today, reading through the
hundreds of messages he's received from well-wishers.
•
,
r
e
Q
17th ~ r c h 1968
lO.15pm.
FILM UP
.
i'lanaell
Motor ~ecing - and at B r a ~ s Hatch Bruce NcLarea led
from start to finish in the Race of Champions for
Formula One cars. in a ~c~aren ~ozd, which he designs
and builds in his own workshop,he
,
~
~
a
n
d
was a n e a s y * ; i n n e r from
Rodri~es and Hulme at an a v e ~ e
miles an h c u . r .
set a new lap record,.,
of more than a hundred