This program is 27 minutes long
#13768
(Studio) In mtgs. with French President Georges Pompidou, President Nixon hints at lifting of import surcharge.
REPORTER: Howard K. Smith
(Azores) Nixon also agrees to negotiate devaluation of dollar in exchange for relaxation of trade barriers to United States prdts. abroad; need for current United States import surcharge and reverse United States balance of payments deficit may be eliminated.
REPORTER: Tom Jarriel
(DC) President Nixon arrives at Andrews Air Force Base with Secys. Treasury and State Connally and Rogers. [John CONNALLY - says mtgs. of 2 leaders resulted in significant step forward in settling international monetary problems.] Fin. mins. of 10 richest noncommunist trading ntns. meet in Washington, DC on Friday
REPORTER: Sam Donaldson
#13769
(Studio) Azores communique drops dollar on mkts., making United States goods cheaper. Congress reacts favorably to potential dollar devaluation. House Banking Committee Representative Wright Patman predicts passage.
REPORTER: Howard K. Smith
(NYC) [First National City Bank Leif H. OLSEN - predicts effects of devaluation: exports stimulated, imports down, United States prdts., trade balance improved.] Effects on United States citizen slight. Only imports and foreign travel should cost more. Exporters will benefit, stocks may rise.
REPORTER: Louis Rukeyser
#13771
(Studio) Indian commander predicts Dacca capture soon. Bombs strike home of governor, who resigns and asks Red Cross for asylum. In Karachi, E. Pakistan, 7 coalition leaders appeal to President Nixon and Communist Premier Chou En-lai for help.
REPORTER: Howard K. Smith
#13772
(Studio) President Nixon said reappraising US-USSR relations, asking USSR to use restraining influence on India. Visit to Moscow may be canceled. US aircraft carrier Enterprise still en route to war theatre.
REPORTER: Howard K. Smith
#13773
(Studio) Indian air power strong around Dacca, E. Pakistan.
REPORTER: Howard K. Smith
(Dacca, E. Pakistan) Indian jets evade air defense of Pakistan; attacks on Dacca airfields constant; peasants leave city. Pakistan troops take cover.
REPORTER: Howard Tuckner
#13774
(Studio) Bangladesh representative at United Nations headquarters hails resignation of Pakistani officials in Dacca as great moment in the birth of a new nation Bangladesh leaders take political control of towns captured by Indians.
REPORTER: Howard K. Smith
(Jessore, E. Pakistan) Bangladesh leaders appear openly for 1st time since Pakistan crackdown at public meeting in Indian-captured Jessore.
REPORTER: Peter Jennings
#13776
(Studio) West Coast dock workers vote on shipping companies offer in 6 month labor dispute. Dock strike, halted temporarily, could resume Christmas Day.
REPORTER: Howard K. Smith
(Los Angeles, California) Dock dispute summarized. Key issue is container ships requiring 12 instead of 100 men to unload. Men want job guarantees in new contract.
REPORTER: Bill Wordham
#13778
(Studio) Congress passes welfare bill requiring welfare mothers with children over 6 to sign up for work or training, or lose benefits; bill offered by Senator Herman Talmadge.
REPORTER: Howard K. Smith
#13779
(Studio) Congress approves extension of President Nixon's economy control powers.
REPORTER: Howard K. Smith
#13780
(Studio) Senator passes bill to reform campaign spending.
REPORTER: Howard K. Smith
#13781
(Studio) Candidate for Democrat President nomination, Los Angeles Mayor Sam Yorty, makes bid in New Hampshire primary.
REPORTER: Howard K. Smith
(Manchester, New Hampshire) Yorty behind in New Hampshire polls; has supported Republicans in past, regards self as moderate. [YORTY - criticizes Nixon defense policy.]
REPORTER: Bill Brannigan
#13783
(Studio) Massachusetts adopted no-fault auto insurance plan in January; today state officials order 55.2% cut in insurance premium costs.
REPORTER: Howard K. Smith
#13784
(Studio) "Los Angeles Times" recs. letter from hijacker D.B. Cooper, who escaped with $200,000 via parachute, saying he has 14 mos. to live.
REPORTER: Howard K. Smith
#13785
(Studio) Richard Fecteau and Mary Ann Harbert arrive at New Jersey McGuire Air Force Base following release from Chinese prison; now in Philadelphia hospital.
REPORTER: Howard K. Smith
(Philadelphia, Pennsylvania) Film of arrival shown. [United States Air Force Dr. Colonel Leonard JOHNSON - cites prisoners lack of knowledge on current events.] [US State Department Allen ROMBERG - says Fecteau a civilian.] Still the question of Fecteau being a spy.
REPORTER: Gregory Jackson
#13787
(Studio) New United States economic policy aims to destroy myth that gold ultimate object of value. Gold myth expounded, related to dollar crisis.
REPORTER: Howard K. Smith
#665273