ABC Evening News for Monday, Jul 16, 1973
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(Studio) Secretary Treasury George Shultz says Phase IV almost complete. Report on what to expect from Phase IV.
REPORTER: Howard K. Smith
(White House) Many think new economic plan to move Americans from freeze to squeeze. In industry area, price increases to edge gradually. Freeze on food prices to end before freeze officially over. Food supply lessens with freeze as is. Gasoline freeze expected on gas prices at May 15 level. President not expected to approve additional export controls on feed grains. Phase IV to hurt. President to dwell on desirability of ending all controls.
REPORTER: Herbert Kaplow
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