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The article reports on the inflation of German mark and Swiss franc against the dollar by 35%. The European monetary officials demand the U.S. Government to intervene to keep the dollar through buying up dollars on foreign money markets. The Federal Reserve agrees to increase the foreign currency by 50% through the swap arrangement for use in buying up surplus dollars abroad. A set of figures on undervalued dollar was put together by the West German government showing that the exchange rate and purchasing power of Swiss francs and French francs against the U.S. dollars. Moreover, the author says that the U.S. is in deep deficit in the payment balance however, the American tourists flock to Europe, sending military personnel overseas, and business are moving capital abroad.