Search the Archive

Middle East Foreign Policy / Japan / United States Repercussions #226366

CBS Evening News for Friday, Nov 23, 1973
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Under Arab oil embargo pressure, Japan switches to pro-Arab stance in hopes of getting Arab oil. United States State Department sympathetic but insists Mid. E. peace settlement to be more difficult with Japan's new policy. Jewish organizations call on Japanese ambassador to Washington, DC to warn Japanese, US relations could be damaged by Japan's actions. Such repercussions could hurt Japan.
REPORTER: Walter Cronkite

(NYC) Japanese on buying spree in US. Japanese soy sauce production in US big business. For.-owned inds. in American double in past 4 years and Japanese investments increase faster than those of any other country [President Takara Barber Chair Limited Isson INNOUYE - says Japan has no natural resources. For. investment best bet for Japanese with money.] [Takara plant manager Bob PITCHER - recalls Japan's decision to buy Takara and fear of personnel change scared Americans working in plant. No resentment against Japanese exists now because American personnel allowed to remain.] Japanese haven't gained dominant interest in any American industry Fontainebleau horse farm in Kentucky bluegrass country also owned by Japanese. Rate of foreign investment upsets some Congmen. [Representative John DENT - believes incrd. foreign investment can lead to subjugation under someone else's controls.] For. invasion conts., however, till restrictive legislature brought before Congress
REPORTER: Morton Dean

Cronkite, Walter;
Dean, Morton

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.