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US-USSR / Wheat Trade #22437

ABC Evening News for Monday, Sep 18, 1972
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(Studio) Democrats charge Nixon administration gave big grain dealers windfall by advance notice of USSR wheat deal. House subcommittee investigates phone calls to determine whether they provided grain dealers $millions in unfair profits.
REPORTER: Howard K. Smith

(DC) Carroll Brunthaver, assistant secretary agriculture, ordered telephone calls. Denied ordering calls at last wk's. hearing. Explains calls today. Charles Pence, who made calls, testifies calls of technical nature and provided no prices to benefit exporters. [PENCE - says charge that calls had to do with prices is false.] Weldon Barton, farmers' union official (NFO) charges calls gave grain dealers windfall. [BARTON - considers vast windfalls made on deal.] Committee debate splits on party lines. Republican Robert Price calls investigation witch hunt, with Democrats making most of reporters questions. [Representative John MELCHER - says calls are highly irregular.] Grain exporters to be questioned.
REPORTER: Stephen Geer

Geer, Stephen;
Smith, Howard K.

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