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Economy / Britain / France #447524

NBC Evening News for Tuesday, Sep 23, 1969
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(Studio) Chet Huntley in Europe to report on West German elections. He looks into British and French economy
REPORTER: David Brinkley

(London, England) Tourism keeps England solvent, Image of permissive society present. Hippies in Picadilly Circus shown. Maj, city keeps decorum. Gold-buying room of brokerage firm shows many feel they'd be better off without so much British currency. Empty Rhodesian Bldg, shown. Cntry. was too weak to stop Rhodesian independence. Empty 32- story building shown. Dock closed due to labor dispute. Autos made for overseas market
REPORTER: Chet Huntley

(Paris, France) Labor problems hit France. Recent wk, railroad strike. Shopkeepers restless. Unions want huge pay raises. Econ. hurt by imports. France devaluation made them more expensive. French farmer inefficient. Inflation inevitable because French buyers, not savers, Factories antiquated. Consumer doesn't like purchasing power restrained. Since WWII West German economy boom and France and England struggle.
REPORTER: Chet Huntley

(Studio) Franc falls to lowest level yet. P.Min. Chaban-Delmas says France can't do much about wildcat strikes because it has no $ to give.
REPORTER: David Brinkley

Reporter(s):
Brinkley, David;
Huntley, Chet
Duration:
00:06:40

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