The third presidential election debate held between Democratic nominee Senator John F. Kennedy and Republican nominee U.S. Vice President Richard Nixon in the United States. ABC news correspondent Von Fremd questions Vice President Richard Nixon about exodus of four billion dollars of gold in past three years from the United States. Vice President Nixon responds stating that there should be balanced budget in the country and increase in exports from the United States. He further says that the U.S. must support programs abroad for economic and military assistance. Senator Kennedy speaks about oil depletion. He further talks about gold. He says that United States have to maintain balance of trade, sound monetary and fiscal policy and control over inflation.
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