Search the Archive

Wage-Price Freeze #459398

NBC Evening News for Wednesday, Aug 18, 1971
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) President Nixon begins cross-country spking. tour in Springfield, Illinois; spoke in New York City last night.
REPORTER: John Chancellor

(NYC) [NIXON - says feels American experiencing new confidence, willingness to face reality, revival of moral courage.]
REPORTER: No reporter given

(Springfield, Illinois) [NIXON - says those interpreting new policy as economy isolationism mistaken; would be mistake for United States to quit trying to be number 1.]
REPORTER: Herbert Kaplow

(Studio) Admin. decides wages of policemen, firemen and teachers should be frozen.
REPORTER: John Chancellor

(DC) Cost of Living Council making decisions concerning specifics of new econ. policy. Council decides state and local taxes may be incrd. during freeze; higher import taxes may result in higher prices during freeze; prices of new products must be similar to products already available; fresh food prices may be incrd.; Council has yet to rule whether wages can be paid retroactively after freeze.
REPORTER: Catherine Mackin

(Studio) Justice Department may be able to increase fines for freeze violators beyond $5,000 limit by using contempt of court fines.
REPORTER: John Chancellor

(DC) Office of Emergency Preparedness recs. complaints regarding increases in cost of rent, insurance premiums, food; will follow up only on substantial violations.
REPORTER: Ron Nessen

Reporter(s):
Chancellor, John;
Kaplow, Herbert;
Mackin, Catherine;
Nessen, Ron
Duration:
00:06:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.