CBS Evening News for Tuesday, Oct 08, 1974
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(Studio) Exporters involved in planned grain sale to USSR appear before Senator panel to discuss sale cancellation.
REPORTER: Walter Cronkite
(Capitol Hill) [Chairperson Cook Industries, Edward COOK - says President stopped shipment and told them political reasons behind cancellation.] Cook describes later meeting with State Department and other officials. [COOK - says at meeting officials state sales to Russia, China and oil-producing and exporting ntns. couldn't be approved.] [Executive Vice President Continental Grain Company Bernard STEINWEG - states OPEC (Organization of Petroleum Exporting Countries) cntrys. not referred to at meeting with officials.] [Agriculture Secretary Earl BUTZ - states no embargo exists on grain shipments to any part of world except those specifically prohibited by law.]
REPORTER: Nelson Benton
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