The thrust of President Carter's new urban policy is to form a partnership between the federal and local government in an effort to revitalize the cities, Jack H. Watson Jr., assistant to the president for governmental affairs, said in a speech last night.
Investments in the private sector must be encouraged through government policy in order to "save" U.S. cities, Watson said, adding the federal government does not have the revenue to do it alone.
Watson, whose speech was sponsored by the MIT-Harvard Joint Center for Urban Studies, said he has recently been appointed Chairman of a new federal agency designed to unite the administrators of large businesses in urban areas.
Watson spoke for Stuart Eizenstat, assistant to the president for domestic affairs, who cancelled his appearance early this morning in order to help draft an anti-inflation speech which Carter will give tomorrow.
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