ABC Evening News for Monday, Dec 04, 1972
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(Studio) Salvador Allende, Marxist president Chile, attacks United States corporate imperialism.
REPORTER: Howard K. Smith
(UN) Allende greeted by United Nations Secretary General Waldheim. Allende accuses United States of indirect aggression by cutting off international loans to Chile. Denounces Kennecott and Anaconda Copper Companies for taking $4 billion from Chile in profits in last 40 years [ALLENDE - accuses ITT (International Telephone and Telegraph Corporation) of trying to bring about civil war in Chile.] United States Ambassador George Bush denies charges.
REPORTER: John MacVane
(NYC) ITT (International Telephone and Telegraph Corporation) operations in Chile included telephone system until government took it over; but ITT (International Telephone and Telegraph Corporation) carries on other operations still in Chile. ITT (International Telephone and Telegraph Corporation) business in United States includes Hostess cupcakes, Cleveland garages, Sheraton hotels. Active in space program; gets many government projects. Overseas, ITT operates in 70 countries. Has plants and factories in 30 countries. [Columbia University Prof. Stefan ROBOCK - says when businesses and foreign govts. clash, business can leave country or try to form local alliances and stay. In many cases, businesses politically active.] Chile charges ITT (International Telephone and Telegraph Corporation) took last option. ITT (International Telephone and Telegraph Corporation) has no reply.
REPORTER: Bill Brannigan
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