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(Studio) Secretary of Treasury George Shultz to resign in May.
REPORTER: Howard K. Smith
(DC) Shultz is last of Nixon's original cabinet. [SHULTZ - thinks he'll give up post to prevent stagnation in office.] Questioned about Watergate's effect on decision. [SHULTZ - says Watergate didn't cause decision to resign.] FEO head William Simon heads list to succeed Shultz. [SIMON - doesn't know who'll succeed Shultz.]
REPORTER: Herbert Kaplow
- Kaplow, Herbert;
- Smith, Howard K.
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