× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Wage-Price Freeze #459411

NBC Evening News for Thursday, Aug 19, 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 arrives in Texas; Texas Governor Preston E. Smith orders salary raises awarded despite wage freeze; Cost of living council rules unions can't negotiate new wage contracts to offset wage freeze.
REPORTER: John Chancellor

(DC) Union leaders hear wage-price freeze explained by Labor Secretary James D. Hodgson, budget director George P. Shultz. [AFL-CIO President George MEANY - says has no faith in President Nixon's ability to successfully manage United States economy; calls on Congress to assert control over economy; contracts nullified by wage freeze should be renegotiated; says unions won't cooperate with freeze.]
REPORTER: Irving R. Levine

(Studio) Treasury Secretary Connally says some additional action will be taken beyond 90-day freeze; Connally forces Pentagon to freeze military pay raises; teamsters' union calls for freeze on profits, dividends and interest rates.
REPORTER: John Chancellor

(San Francisco, California) American Federal of Teachers' convention expresses dislike of wage freeze [Unidentified TEACHERS - express opposition to wage freeze.] Teachers' union researching legal means to break freeze.
REPORTER: Don Oliver

Chancellor, John;
Levine, Irving R.;
Oliver, Don

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.