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Ford Administration / Oil Prices #236306

CBS Evening News for Monday, Sep 23, 1974
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(Studio) Ford administration warns oil-producing nations against unprecedented price hikes.
REPORTER: Roger Mudd

(Detroit, Michigan) [FORD - warns extremely high oil prices to distort world econ. and possibly cause worldwide depression.]
REPORTER: No reporter given

(Studio) At United Nations General Assembly, Secretary of State Henry Kissinger echoes Ford's remarks.
REPORTER: Roger Mudd

(NYC) Kissinger says similar 1930's collapse may be in offing if oil prices continue extreme hikes. [KISSINGER - says high oil prices directly caused by oil-producing cntrys.] Arab oil producers criticize Kissinger's remarks. [KISSINGER - warns of incrd. threat of nuclear catastrophe because of incrd. number of weapons.] Worldwide system of effective safeguards must be found.]
REPORTER: Richard C. Hottelet

Hottelet, Richard C.;
Mudd, Roger

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