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Meat Price Ceilings / Boycott #227877

CBS Evening News for Friday, Mar 30, 1973
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(Studio) Congress leaders have mixed reactions to Nixon's decision to impose price ceilings on beef, pork and lamb. Senator Hugh Scott approves move; House Agriculture Committee Chairperson West River Poage says decision a mistake. AFL-CIO President George Meany says ceiling inadequate.
REPORTER: Roger Mudd

(Atlanta, Georgia) Organizers meat boycott plan to go ahead despite price freeze. [Fight Inflation Together spokesperson Lynn HANAGUD - says glad Agriculture Secretary Earl Butz decided price ceilings not so bad an idea, but hopes boycott will go ahead.]
REPORTER: Ed Rabel

(Studio) Agriculture Secretary Earl Butz says he wasn't serious when he said anyone who advocated food price controls was a damned fool.
REPORTER: Roger Mudd

(San Francisco, California) Supermkts. cutting meat orders by 25% in anticipation meat boycott. [Western States Meat Packers spokesperson Cal SANTARE - says price can't be brought down until supply increases.]
REPORTER: Jim Kilpatrick

(Chicago, Illinois) Prices cattle and hogs jump on Chicago Mercantile Exchange. Live cattle, hogs and sheep are exempt from price ceiling, and members are betting long term prices will continue to rise because supply not keeping up with demand. [Exchange spokesperson Leo MELAMED - says ceilings will only be disruptive.]
REPORTER: Bill Plante

(Studio) Farmers concerned with price ceilings.
REPORTER: Roger Mudd

(Omaha, Nebraska) [President National Farmers' Org. Oren Lee STALEY - tells reporter Hal Fisher farmers will be hurt by ceilings.] [Livestock Foundation of Omaha spokesperson C. West McMANAMY - feels farmers unsure of ceiling's effects.] Meat packers surprised administration action didn't include meat price rollback, rather than just price ceilings.
REPORTER: Richard Roth

(Studio) Price ceilings will slightly reduce present prices.
REPORTER: Roger Mudd

Reporter(s):
Kilpatrick, Jim;
Mudd, Roger;
Plante, Bill;
Rabel, Ed;
Roth, Richard
Duration:
00:07:50

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