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(Studio) President Ford positive with regard to energy, economy. No gasoline shortage this summer. Says White House, Housing bill signed.
REPORTER: Roger Mudd
(White House) Signing of housing bill takes place in rose garden. Legis. makes mortgage rates as low as 7 1/2%. [FORD - recovery of housing industry, and employment of construction workers, goals of administration] Meredith Ashley, son of Representative Lud Ashley, gets a penitentiary President jokes with regard to middle name "Rudolph." [FORD - doesn't want that precedent.] Energy advisers say no nationwide gasoline shortage this summer, but natural gas picture not so bright. Unless price controls lifted, shortage foreseen in N.E. this winter and next winter.
REPORTER: Bob Schieffer
- Mudd, Roger;
- Schieffer, Bob
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