CBS Evening News for Wednesday, Jan 05, 1972
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(Studio) Pay Bd. refuses 12% pay raise in aerospace worker's union contract. Former practice of breaking own guidelines contradicted. Labor leaders angered by decision.
REPORTER: Walter Cronkite
(DC) Business and public members Pay Bd. vote against raise; labor mbrs. threaten court action. [U.A.W. President Leonard WOODCOCK - shocked by Bd. action.]
REPORTER: Bernard Shaw
(Burbank, Cal.) Lockheed Aircraft corporation aerospace workers affected by Bd. action. [President IAM, Lodge 727, James QUILLEN - disappointed.] Workers interviewed express satisfaction with more moderate raises; glad to have jobs.
REPORTER: Bill Kurtis
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