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Economy / European Reaction Phase 3 1/2 #229012

CBS Evening News for Thursday, Jun 14, 1973
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(Studio) President in national address asked Congress for authority to impose export controls on agriculture products now in such shortage. European money dealers' reaction to Phase 3 1/2.
REPORTER: Roger Mudd

(London, England) [Spokesperson London National Westminster Bank, River HAINES - states control insufficient. More needed.]
REPORTER: Charles Collingwood

(Paris, France) At French gold market, gold rises moderately; dollar falls. [Jean ST. GEOURS - says controls won't weaken dollar further but won't strengthen it either. Needs more complete policy.]
REPORTER: Peter Kalischer

(Frankfurt, Germany) Before Nixon address, dollar rallied bit, but fell after speech. [Ulrich HOERSKEL - believes Europe has no confidence in dollar.] [Richard SPANNER - says dollar much slower after speech than before.]
REPORTER: John Sheahan

Reporter(s):
Collingwood, Charles;
Kalischer, Peter;
Mudd, Roger;
Sheahan, John
Duration:
00:02:30

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