NBC Evening News for Friday, Aug 18, 1972
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(Studio) Some people profit from President economic policy; some don't.
REPORTER: John Chancellor
(McHenry County, Illinois) American farmer untouched by Phase 1 or 2 of economic plan. Most agriculture products have been exempt from controls. Machinery and feeds cost same. (Wixon, Michigan) Auto industry profits under policy. Surcharge on imported car competition, refund of excise tax boosts car mfrs. (Chicago, Illinois) Small business suffers from paper work involved in freeze. [Retail Merchants Association, Kenneth COLE - says burden for cutting inflation placed on retailer.]
REPORTER: Fred Briggs
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