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(Studio) President Nixon says phase II will concentrate on parts of economy with greatest possibility for inflation, but restraints will remain on total econ.; profits won't be limited.
REPORTER: John Chancellor
(Detroit, Michigan) [NIXON - says inequities of freeze must be equally shared; public support would erode if freeze inequities extended; phase II to take care of inequities.]
REPORTER: No reporter given
(DC) Orgd. labor believes freeze too flexible on prices, inflexible on wages; AFL-CIO claims 35% of things affecting cost of living exempt from freeze.
REPORTER: Irving R. Levine
- Chancellor, John;
- Levine, Irving R.
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