CBS Evening News for Friday, Feb 09, 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) Run on dollar continues abroad. West German, British and French officials meet to work out European position on crisis. Nixon sending former Commerce Secretary Peter Peterson to Europe to discuss economy situation. Dan Rather reports Nixon will ask Congress for tough import controls.
REPORTER: Walter Cronkite
(NYC) Last year United States trade deficit $6.5 billion. Speculators buying Japanese yen and German mark. Feel these are undervalued compared to dollar. [International economist Richard KAUFMAN - says crisis may just go away, or cntrys. could take steps to avert crisis.] Oil imports a problem. Last year United States spent $4 billion on foreign oil and amount will go up.
REPORTER: Gary Shepard
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:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.