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(Studio) Senator bails out Lockheed Aircraft Corporation
REPORTER: John Hart
(DC) Senator approves Lockheed loan 49-48. [Senator William PROXMIRE - says closeness of vote, despite tremendous lobbying pressure in favor of loan, indicates those opposed really right.] [Senator John G. TOWER - says wasn't sure would win loan approval before voting; thinks effect on jobs most persuasive argument.] [Senator Marlow West Cook cast deciding vote. [COOK - says bothered by piecemeal legislature for Lockheed only.]
REPORTER: Daniel Schorr
(Studio) President Nixon says loan approval will save 1,000s of jobs.
REPORTER: John Hart
(Palmdale, California) [Lockheed EMPLOYEES - express reactions to news of Senator passage of loan.]
REPORTER: Terry Drinkwater
- Drinkwater, Terry;
- Hart, John;
- Schorr, Daniel
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