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General Accounting Office / Russian Wheat Sales #27121

ABC Evening News for Monday, Jul 09, 1973
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(Studio) General Accounting Office issues report on United States wheat sales to Soviet Union in last year GAO critical.
REPORTER: Harry Reasoner

(DC) $700 million wheat sale to Russia in 1972 caused jump in wheat prices here because reserves were used in United States to cover sale. Consumer prices for bread, grains, etc. up. [Assistant Agriculture Secretary Carroll BRUNTHAVER - believes Agriculture Department officials and grain companies too cozy. Also in `72 campaign year, United States determined to negotiate large wheat sale.] [Statement recorded as shown on ABC newscast. Statement actually made by Congress John Melcher. Edward] Proposal for federal agents to weigh grain sale benefits against repercussions on domestic front before further sales.
REPORTER: Roger Peterson

Reporter(s):
Peterson, Roger;
Reasoner, Harry
Duration:
00:02:00

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