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FROM JOE C A L I F A N O
TO
THE P R E S I D E N T
C I T E CAPS 1632
e ~ e -K- F I -&- S..N' T- 4 - A - L -----

J UL Y I8f

1968

I N E T WITH SE C R E T A R Y FOWLER A M D ART OKUN Otf 7 HE
QUE STI ON OF G E T T I N G T H E F E D TO M O V E F U R T H E R ON I N T E R E S T
RATES. F O W L E R S A Y S T H A T THERE IS N O , P O I N T IN TaCKIMG TO
MA RT I N U N T I L WE H A V E D O M E S O M E T H I N G A B O U T P R I C E S A N D
WAGES*
A T T H A T T I M E HE IS W I L L I N G TO GO T O - 6 ILL M A R T I N
A N D SEE W H A T HE C A M DO.
OKU N W I L L BE SENDING YOU T O D A Y
BY S E P A R A T E W I R E A P R O P O S E D S T A T E M E N T ON MA G E S A N D P R I G
THAT OKU N C O U L D ISSUE A N D THEN M A I L TO T HE LARGEST C O R P
ATI ONS A MD M A J O R L A B O R U N I O N S * O N C E T H A T H AS B E E N DONE *
F O WL ER CAN T AL K TO MAR TIN AND S H O U L D HAV E S O M E S U C C E S S * ’

DTGJ 1 8 1 6 U Z JUL 68

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