THE PRESIDENT'S DAILY BRIEF 6 MARCH 1973

• Document Type: FOIA
• Collection: President's Daily Brief 1969-1977
• Document Number (FOIA) /ESDN (CREST): 0005993764
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 10
• Document Creation Date: August 14, 2016
• Document Release Date: August 24, 2016
• Publication Date: March 6, 1973

Declassified in Part - Sanitized Copy Approved for Release 2016/06/14 : CIA-RDP79T00936A011500010059-5
-7!
The President's Daily Brief
6 March 1973
45
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Exempt froin general
declassification schedule of E.O. I 1652
exemption category 513111d:9.13)
declassified only on approval of
the Director of Central Intelligence
Declassified in Part - Sanitized Copy Approved for Release 2016/06/14 : CIA-RDP79T00936A011500010059-5
Declassified in Part - Sanitized Copy Approved for Release 2016/06/14 : CIA-RDP79T00936A011500010059-5
CENTRAL INTELLIGENCE AGENCY
WASHINGTON, D.C. 20505
It
6 March 1973
EYES ONLY FOR THE PRESIDENT
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THE PRESIDENT'S DAILY BRIEF
6 March 1973
PRINCIPAL DEVELOPMENTS
The dollar strengthened yesterday in unofficial
trading, while European finance ministers discussed
the problems of a joint float. (Page 1)
North VietnaM
(Page 2)
Final Chilean election returns confirm that Presi-
dent Allende's coalition has gained several con-
gressional seats. (Page 4)
In Turkey, General Faruk Gurler has taken the first
step toward being elected president next week.
(Page 4)
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INTERNATIONAL MONETARY DEVELOPMENTS
The dollar strengthened world-wide yesterday
in unofficial interbank trading. The dollar showed
its greatest strength relative to the pound and
Swiss franc. The pound closed down 2 percent from
Friday while the Swiss franc was off 2.6 percent.
Yesterday the EC finance ministers held pre-
liminary discussions on the problems of a joint
float and called for a meeting on Friday of the
Group of Ten and representatives from the smaller
EC countries. At Friday's meeting the French hope
to convince the US that the present rate structure
should be defended. Failing this, they may still
agree to support a joint EC float, assuming the UK
also agrees.
The West Germans hope that agreement can be
reached on a joint EC float, believing that other-
wise they may be forced to float independently.
The Germans nevertheless regard a joint US-European
solution as politically and psychologically impor-
tant.
The Tokyo foreign exchange market remains
closed and probably will not reopen until the Euro-
pean markets do.
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VIETNAM
President Thieu on 3 March directed the Joint.
General Staff to order all military commanders to
reduce the level of fighting throughout the country
and generally."to stop attacking the Communists."
Thieu- had earlier issued orders to his province
chiefs to bar all "violent" demonstrations against
Communist truce teams. The President has also: cora?
missioned a study on the effectof? a partial demo
bilization-of regular army troops over the next nine
months.
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EGYPT-LIBYA
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NOTES
Chile: Final elections confirm that President
Allende won a major psychological victory in last
Sunday's elections. According to the results an-
nounced last night, his Popular Unity coalition won
43.4 percent of the vote--well above the 40 percent
he said would constitute an "absolute victory"--and
whittled several seats from the opposition's majori-
ties in both houses of Congress. General Prats ap-
parently intends to keep the armed forces in the
cabinet, and there are signs that he may renew ef-
forts to get the Christian Democrats into an explor-
atory "dialogue" with the government in an effort
to ease political tensions.
Turkey: General Faruk Gurler resigned as chief
of the general staff yesterday afternoon in the
first in a series of moves enabling him to become
president. To be eligible for the presidency, Gurler
must be a member of parliament; the defense minister
has resigned from the Senate, providing a vacancy to
which Gurler is expected to be named by incumbent
president Cevdet Sunay. Parliament's election of
Gurler as president on 13 March seems assured.
Romania: Romania has become the first Warsaw
Pact country to buy US passenger aircraft. A con-
tract for the purchase of three Boeing 707-320C
long-range jet airliners, spare parts, and spare
engines, valued at $45 million was signed last week.
One of the aircraft will be configured for VIP serv-
ice.
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Top Secret
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