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United States Postal Service / In Black #243358

CBS Evening News for Monday, Nov 15, 1976
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(Studio) United States Postal Service is in black economically.
REPORTER: Walter Cronkite

(DC) Due to recent surplus in funds, postage increase may be postponed for yr. or more. Postmaster General Benjamin Bailar says surplus mostly result of payroll reduction. [BAILAR - says reduction has been in all depts., on all levels; says service isn't out of woods yet. Says 1977 rate increase unlikely at present, but job ahead is to keep costs down.] Bailar says he doesn't know if heavy Christmas mail will help or not.
REPORTER: Nelson Benton

Reporter(s):
Benton, Nelson;
Cronkite, Walter
Duration:
00:01:30

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