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Lockheed Loan / Senate Approval #16754

ABC Evening News for Monday, Aug 02, 1971
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(Studio) Senator votes 49-48 to approve $250 million Lockheed Aircraft Corp. loan.
REPORTER: Harry Reasoner

(DC) [Senator John G. TOWER - thinks effect on jobs most persuasive argument.] [Senator William PROXMIRE - thinks American people, United States economy system losers in vote; says closeness of vote, despite tremendous lobbying pressure in favor of loan, indicates those opposed really right.]
REPORTER: Sam Donaldson

(California) Loan approval means Lockheed can complete Tri-Star airbus; can provide employees with job security. [Unidentified Lockheed EMPLOYEES - express reactions to news of Senate vote.]
REPORTER: Dick Shoemaker

Reporter(s):
Donaldson, Sam;
Reasoner, Harry;
Shoemaker, Dick
Duration:
00:03:20

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