e in the gros^K^tional prod 
ear was 11 ^er ^cent, which 
nore than tkiree times that of 
call rate. / 
me from; tourists has '"been 
t a fanta/stic rate. The esti- 
at by 1970 Greece will get 
rists annually, 
less, a gap In the balance of 
persists and along with it a 
national budget. Greece has 
d resources and considerable 
ent and under-employment, 
Id be much more serious if it 
or the export of up to 80,000 
year to Western Europe. The 
ates contribution of $25,000,- 
has made up the difference 
years. Premier Constantine 
s has complained in several 
that this will necessitate a 
t in defense and, therefore, 
duction in Greece’s contribu- 
TO. 
'e another aim of current 
policy enters in. In part 
.merican efforts, Greece has 
e associated with the Euro- 
lon Market. The goal is to 
the Greek economy more 
th that of Western Europe 
y reduce Greek dependence 
iet bloc, which takes 23 per 
'eek exports, mostly in agri- 
oducts. A long-term loan of 
0 is being worked out by the 
Investment Bank, an arm of 
Ton I'darket, and a European 
11 is contemplating further 
way, Greece becomes an inte- 
of Europe, and Europe, picks 
er share of the cost of building 
Greek economy. Understand- 
ourse, it would be less bother 
if the dollars continued, and 
for reasons of domestic poli- 
manlis is protesting loudly. 
OBLEM in Iran is far more 
A feudal economy is only 
id reluctantly responding to 
ative of reform. The Shah is 
y cooperative and sulky, 
mier Ali Amini resigned re- 
blamed the United States for 
es. 
, Johnson shook hundreds of 
every street corner and then 
to a goodwill banquet in the 
th the Shah. Some observers 
words of Lorelei Lee in that 
classic, '‘Gentlemen Prefer 
“A kiss on the hand is nice, 
mond bracelet lasts forever.” 
’s touch-and-go economy and 
tance of the big dominant 
to see any change, anguishing 
ts are essential if the dollar 
fact to end. 
s, in the person of Rep. Otto 
is threatening to prune the 
d program with a meat axe. 
do great damage all around, 
lligent pruning operation by 
with a realistic grasp of the 
and what it can and cannot 
h has been long overdue, 
now in progress and some of 
leaks being plugged, the bene- 
d be widespread , and not least 
