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Ford / Energy Plan #242027

CBS Evening News for Monday, Sep 22, 1975
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(Studio) President Ford proposes nation solve its energy problems with $100 billion 10-yr. government corp.: Energy Independence Authority.
REPORTER: Walter Cronkite

(San Francisco, California) Vice President Nelson Rockefeller 1st proposed idea. Govt. would provide $25 billion and sell bonds for revenue to guarantee loans to private industry to do energy research projects. [FORD - says corporation will supplement private enterprise. Speaks of energy sources of coal, sun and earth's heat.] 1st draft goes to Congress in 2 weeks Small protesters outside hotel where Ford speaks. Ronald Carlo, 24, arrested after giving hotel employee note threatening Ford's life.
REPORTER: Bob Schieffer

Reporter(s):
Cronkite, Walter;
Schieffer, Bob
Duration:
00:02:30

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