1.
SV PAN CAR CARRYING MR. CALLAGHAN ARRIVES CHEQUERS
0.07

2.
RV DITTO
0.11

3.
SV CALLAGHAN WALKS TOWARDS CAMERA
0.17

4.
SV CALLAGHAN POSES FOR PRESS
0.21

5.
SV MR. FOWLER (U.S.) BEING GREETED AT L.A.P.
0.25

6.
CU MR. COLOMBO (ITALY) AT L.A.P.
0.28

7.
SV MR. SCHILLER DOWN STEPS OF PLANE AND GREETED BY OFFICIALS
0.42

8.
SV MR. SCHILLER AND GREETING PARTY WALK ACROSS TARMAC
0.46

9.
SV MR. DEBRE BEING GREETED ON ARRIVAL
0.50



Initials HT/V/CR/EEH



Script is copyright Reuters Limited. All rights reserved

Background: BRITAIN'S CHANCELLOR OF THE EXCHEQUER, MR. JAMES CALLAGHAN, TODAY (SATURDAY) OPENED A SERIES OF MEETINGS WITH FINANCE MINISTERS FROM FOUR NATIONS. THE MEETINGS WERE HELD AT THE PRIME MINISTER'S COUNTRY RESIDENCE, CHEQUERS.

THE FINANCE MINISTERS WERE MR. HENRY FOWLER OF THE UNITED STATES, M. MICHEL DEBRE OF FRANCE, PROFESSOR KARL SCHILLER OF WEST GERMANY AND SIGNOR EMILO COLOMBO OF ITALY.

THE MEETINGS WERE CALLED TO DISCUSS MR. CALLAGHAN'S "INTERNATIONAL DISARMAMENT" IN INTEREST RATES, AND TO SEE WHETHER THEY CAN BE BROUGHT DOWN.

M. DEBRE SAID ON HIS ARRIVAL THAT THE MEETINGS WERE TAKING PLACE AT A TIME WHEN A NUMBER OF PROBLEMS CONNECTED WITH WORLD ECONOMY COULD NO LONGER BE OVERLOOKED.