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New Economy Policy #17057

ABC Evening News for Monday, Sep 13, 1971
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(Studio) President Commission on International Trade recommends negotiations to end trade controls over next 25 years
REPORTER: Howard K. Smith

(DC) President Nixon briefs cabinet members and wives on new economic policy; meets with business leaders [General Motors Corporation board chairperson James M. ROCHE - says price controls effectively control profits.] Nixon conts. to oppose profit restraints.
REPORTER: Tom Jarriel

(DC) AFL-CIO President George Meany maintains corporation profits will continue to be large during Phase II, while workers' wages restrained. [MEANY - thinks interest rates contribute greatly to inflation; suggests 6% interest rate ceiling.]
REPORTER: Virginia Sherwood

(Studio) Vice President Agnew tells Govs. conference rising corporation profits good for average man.
REPORTER: Howard K. Smith

Jarriel, Tom;
Sherwood, Virginia;
Smith, Howard K.

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