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(Studio) Report introduced
REPORTER: Dan Rather
(Ware Shoals, SC) Impact on town of Riegal textile plant's closing examined. [Former employee Charlie PITTS - recalls town's disbelief.] [Mayor Manley BALENTINE - cites town's economy dependence on Riegal.] Community's effort to survive described. [PEOPLE - feel country will recover.] [Merchant Margaret HALL - notes her inability to sell US-made textiles here due to imports.] [BALENTINE - thinks people expect government to protect their jobs.]
REPORTER: Bruce Hall
(Taipai, Taiwan) Asian textile workers' perception of United States push for protectionism examined. [Mfr. Edmund CHI - feels textile protection legislature is unfair.] Maj economy impact on Asian economies of US protectionist legislature explained. [Hong Kong Chamber of Commerce spokesperson Jimmy McGREGOR, American Chamber of Commerce of Taipei spokesperson Jerry LOUPEE - feel protectionism would be disaster for both Asians and US; explain.] Irony in United States attitude now explained.
REPORTER: Wyatt Andrews
- Andrews, Wyatt;
- Hall, Bruce;
- Rather, Dan
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