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Construction Ind. Controls #14840

ABC Evening News for Monday, Mar 29, 1971
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(Studio) President Nixon orders controls to curb construction industry wage and price spiral.
REPORTER: Howard K. Smith

(San Clemente, California) Nixon Executive Order reinstates Davis-Bacon Act suspended 6 weeks ago; sets up 18 review boards to study contracts for inflationary trends. [Labor Secretary HODGSON - says if construction industry views controls as obstacle to be surmounted, program fails; if opportunity to bring wage and price stability to construction industry, succeeds.]
REPORTER: Tom Jarriel

(Studio) Congress extends President authority to impose wage and price controls 2 mos.
REPORTER: Howard K. Smith

Jarriel, Tom;
Smith, Howard K.

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