BAKER SAYS G-6 PACT JUST A START Treasury Secretary James Baker said the agreement among industrial nations in Paris last month is only a start in Washington's drive to intensify economic cooperation among leading countries. In a speech to the National Newspaper Association, Baker said "the six steps beginning with the Plaza Agreement and culminating in the Paris Accord, are only a start." He added "we see our role as a steward of a process in which we sit down with our industrial allies to find ways to promote more balanced international growth." The Paris agreements called trade surplus countries to strengthen their growth and on the U.S. to reduce its budget deficit. Under such circumstances, the countries agreed their currencies were within ranges broadly consistent with economic fundamentals. Baker also said he still sees "ominous" signs of pressure for protectionist trade legislation "and this pressure for protectionism is coming from new areas of society." But he also said he believed a coalition was forming that supported free trade.