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To: John Hunt who wrote (37535)7/23/1999 5:55:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116779
 
Overhaul of Relief Plan To Sell IMF Gold Likely

<< As opposition to a plan to sell gold held by the International Monetary Fund mounted in Congress, the Clinton administration acknowledged yesterday that it is seriously considering dropping the idea and is studying other ways of funding a debt-relief plan for the world's poorest countries.

While insisting that the IMF gold-sale plan remains alive until a workable alternative emerges and gains support, the administration effectively conceded that opponents of the sale have severely undercut its political viability ... more ... >>

washingtonpost.com

:-))