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Economy #223696

CBS Evening News for Friday, Jun 30, 1972
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(Studio) Agr. Department reports prices of raw farm products up in June. Defense Department to reduce beef purchases by 10% for next 4 mos.
REPORTER: Walter Cronkite

(DC) President met with economy advsrs. Claims that Nixon's efforts to get prices down are not working were refuted. [Executive director, Cost of Living Council, Donald RUMSFLED - says there are controls on meat and they are working.] [Secretary Treasury George SHULTZ - says there's a gradual but very clear-cut success in battle against inflation.] Nixon instructed advsrs. to meet with producers, grocers, etc., to discuss new ways to get prices down.
REPORTER: Dan Rather

Reporter(s):
Cronkite, Walter;
Rather, Dan
Duration:
00:01:30

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