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July

21

1983

July 21, 1983



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Diary Entry - 07/21/1983

Thursday, July 21, 1983

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Held a mini-press conf. in press room to announce new ec. figures. Growth in G.N.P. in real $ was 8.7% for 2nd Quarter. Not one question about the Carter debate papers. Lunch with V.P. The Multiple Sclerosis foundation brought in the Father of the Year & the Mother of the Year & her little boy. Both were in wheel chairs. The father is totally paralyzed from neck down. His family was with him. His 3 daughters wrote the nominating letter that won him the title. Cabinet Council meeting took up matter of lumber companies who contracted for Nat. Forest Timber. Their bids were based on expectation of continuing inflation. Lumber prices now make it a loss for them to cut the timber. Some of our team think we should extend their contracts but make them pay a penalty. I disagree—this would just make it even a greater loss or raise the price of lumber which would come out of the pockets of future home builders. I say, extend time, no penalty but make them agree to a timetable for cutting. Finished the day with 1 1⁄2 hours in the dentist chair—teeth cleaning time.