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(Studio) No word heard from Exxon executive Victor Samuelson after Exxon pays $14 million ransom to kidnappers in Argentina. Americans' lifestyles in Argentina change since rash of kidnappings.
REPORTER: Walter Cronkite
(Buenos Aires, Argentina) Some senior execs. forced to have bodyguards in Argentina because of political revolutionists' favorite pastime of kidnapping. Kidnapped include John Thompson, David Wilke, Charles Hayes, and Victor Samuelson. [American Chamber of Commerce James NIELSON - explains kidnap technique used in Argentina.] American execs. at Ford plant in Argentina replaced by Argentineans. No. of American school children in Argentina reflect mass exodus back to US. Armed guards patrol streets around foreign execs. homes; antikidnap protection service becomes big business. Argentine government offers help.
REPORTER: Robert Schakne
- Cronkite, Walter;
- Schakne, Robert
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