Tuesday 30th March 1982
Gordon Pepper phoned about the deliberate monetary policy base of U.K. - why successful
US - Sprinkel is very worried about expansion of base and consequence on interest rate
Stafford Hotel - meeting with Heritage Group
- Fuelner [sic: Feulner] now in White House ½ time on the long run.
PTB [Peter Bauer] Gay Huzaar [sic: Gay Hussar] - Saw B. Donahue [sic: Bernard Donoughue] + Joe Haines
Discussed briefly the Conversion Problem
Pay Round - concentrate on public sector where we can have most (only?) influence
David Young goodbye - meet his successor