CBS Evening News for Friday, Jul 06, 1973
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(Studio) Money mkts. in Europe and Asia see dollar plunging to all-time lows. With dollar devaluation, tourism abroad full of confusion.
REPORTER: Roger Mudd
(London, England) Americans spending more time and money in Britain than ever. Inflation runs rampant in Britain, but tourists don't seem to mind paying high prices for rooms and food. Veteran tourists notice and respond to high costs.
REPORTER: John Laurence
(Paris, France) American tourism up from last year, but between French inflation and American dollar devaluation, Americans no longer biggest spenders. Japanese and and West German currency demand respect. Tourists respond to high costs in Paris.
REPORTER: Peter Kalischer
(Rome, Italy) Tourism from American high as ever in Italy. Most tourists opting for prepaid tour that includes all costs in Italy. With European inflation very bad in Italy. Americans not splurging as much. Dollar's not as free now.
REPORTER: Winston Burdett