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Panama Canal / Issue / Moynihan / Politics #246198

CBS Evening News for Monday, May 03, 1976
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(Studio) Ronald Reagan charges Ford administration with planning to give Panama Canal away. President Ford says talks aimed at long-term transfer of control, and United States shipping interests would be protected. Ex-UN ambassador Dan. Patrick Moynihan asked about issue at Associated Press luncheon.
REPORTER: Walter Cronkite

(New York City) [MOYNIHAN - says Ford is right. Theodore Roosevelt said United States stole Panama and should give it back to Colombia.]
REPORTER: No reporter given

(Studio) Report on Panama Canal.
REPORTER: Walter Cronkite

(Panama) Secretary of State Henry Kissinger and Panama foreign minister signed statement of principles in February of 1974. Provisions of statement noted. Panama willing to wait 25 years for transfer of power. United States argues for 50-yr. transfer period.
REPORTER: Marvin Kalb

(DC) Compromise likely once elections are over. Ellsworth Bunker conducts the negotiations. Bunker quoted with regard to future of canal, its relations to United States economy and its military value.
REPORTER: Marvin Kalb

(Panama) 1973 and 1975 films show anti-American protests. Guerrilla war could evolve. Some Congmen. opposed to concessions United States has already made to Panama.
REPORTER: Marvin Kalb

(DC) [Senator Strom THURMOND - says shouldn't deal with people who hold pistols to heads and make demands.] Situation becomes more inflamed as pol. debate conts.
REPORTER: Marvin Kalb

Reporter(s):
Cronkite, Walter;
Kalb, Marvin
Duration:
00:03:50

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