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Interest Rates #205331

CBS Evening News for Tuesday, Aug 05, 1969
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(Studio) Emergency Committee on High Interest Crisis asks President Nixon to roll back interest rates on loans.
REPORTER: Walter Cronkite

(DC) Group from farm bloc, civil rights, and labor groups, building industry and ntl. orgs. They spelled out complaints and 3 Democrats attack rates. [Senator Alan CRANSTON - says poor hit hardest. Injures middle income. No effect on big business] [Senator Fad HARRIS - wonders if bankers can make it through yr.] [House Banking Chairperson Wright PATMAN - says country in bad shape.]
REPORTER: Bob Schieffer

Cronkite, Walter;
Schieffer, Bob

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