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Burns o Boost for Bonn, U.S.

Click to see original imageA few of President Reagan’s nominess for high federal office have run into trouble at Senate confirmation hearings. That isn’t likely to be the case with Dr. Arthur Bums, esteemed American in the field of economics and finance, selected for the post of ambassador to West Germany. Burns distinguished himself in high level posts in three administrations before becoming an economic adviser to Presie dent Reagan. His selection for the ambassadorship is being favorably received both in the United States and Germany, according to Sen. Strom Thurmond, R-S,C. who lauded the nominee in a short Senate speech. I predict the nomination will be “resoundingly approved by my colleagues here in the Senate/’ Burns was chairman of President Eisenhower’s Council of Economic Advisers, chairman of the Federal Reserve Board under President Nixon, and held the latter post for a time under President Carter. A believer in a balanced budget and in sound fiscal policies, Burns was a principal adviser to President Reagan during the transition period and one of the architects of Reagan’s economic recovery program. West Germany, one of the United States’ foremost allies, is the heart of the North Atlantic Treaty Organization, which gives an idea of the significance Reagan attaches to the ambassador appointment. Washington and Bonn (capitalo West Germany) are bound together by many common interests especially economic and military. Undoubtedly few men could match the prestigious credentials Burns would give to an ambassadorship of such significance.