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Wage-Price Freeze / Reactions / Effects #218681

CBS Evening News for Wednesday, Aug 18, 1971
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(Studio) Labor dissatisfaction with new economic policy incring.
REPORTER: Roger Mudd

(Boston, Massachusetts) [UAW president Leonard WOODCOCK - says if Nixon administration thinks it can tear up wage contracts, then war has begun; if contracts nullified, will draw up new contracts at November conv.]
REPORTER: No reporter given

(Studio) State, county and municipal workers union president Jerry Wurf discusses freeze.
REPORTER: Roger Mudd

(DC) [WURF - says freeze unfair because hits wage earners hardest, treads lightly on major economy interests.]
REPORTER: No reporter given

(San Francisco, California) Longshoremen's strike in 48th day; longshoremen's union president Harry Bridges vows to continue strike. [BRIDGES - appears President Nixon has placed main burden of fighting inflation on backs of workers.]
REPORTER: Bill Kurtis

(Studio) Nixon administration attempting to clarify wage-price freeze.
REPORTER: Roger Mudd

(DC) Cost of diving Council issues guidelines for freeze; situation involving military pay raises remains confused; teachers not to receive pay raises unless contract periods began before last Sunday; school tuition increases to be permitted; Justice Department won't prosecute freeze violations until situation clarified.
REPORTER: Barry Serafin

(Studio) Auto mfrs. agree to sell 1972 model cars at 1971 prices.
REPORTER: Roger Mudd

Reporter(s):
Kurtis, Bill;
Mudd, Roger;
Serafin, Barry
Duration:
00:06:00

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