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Roman Price Freeze #22157

ABC Evening News for Tuesday, Aug 29, 1972
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(Studio) Food stores remain closed in Rome, Italy, in shopkeepers' revolt against government-ordered price freeze.
REPORTER: Harry Reasoner

(Rome, Italy) Rome freezes prices on food stuffs which have risen 5-10% in 3 mos. Leftist federation organizes boycott by shopkeepers. Govt. stores pay no rent, have inferior produce, and sell at 10% less than private vendors. New law demands all prices match government market prices. Freeze applies only to retailers, not to wholesalers or producers. Govt. experiment not working.
REPORTER: Barrie Dunsmore

Dunsmore, Barrie;
Reasoner, Harry

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