This program is 27 minutes long
#219906
(Studio) President Nixon sends Congress 1973 fiscal year budget of $246.3 billion. National debt now greater than ever: $25.5 billion.
REPORTER: Walter Cronkite
(DC) [Treasury Secretary, John CONNALLY - says national deficit will reduce unemployment without more inflation.] President Nixon asks Congress to impose rigid ceiling on spending so as not to put economy even deeper in debt. [Budget Director, George SCHULTZ - says ceiling would stop raids on treasury, which would trigger more inflation.] Budget planners predict balanced budget if unemployment relieved (fewer welfare benefits, more taxes). Nixon asks for record high defense budget, though proportionately less than for HEW. Senate Appropriations Chairperson Allen Ellender rejects spending ceiling. [House Chairperson, George MAHON - criticizes deficit.]
REPORTER: Daniel Schorr
#219908
#219909
(Studio) Reverend Philip Berrigan, and 6 others, charged with conspiring to kidnap President Aide Henry Kissinger; plotting to blow up heating system of D.C. federal bldgs.
REPORTER: Walter Cronkite
(Harrisburg, Pennsylvania) Defendants and supporters march to Court House with coffin as symbol of resistance. A.P. reporter says Berrigan optimistic about trial, but getting issues before the people, not acquittal, is priority. Plot, uncovered by FBI director, J. Edgar Hoover, reviewed. Other defendants named. Former Attorney General Ramsey Clark heads defense team, heightening feud with J. Edgar Hoover.
REPORTER: Barry Serafin
(Studio) Gov't attys. in case refuse comment.
REPORTER: Walter Cronkite
#219910
(Studio) McGraw-Hill and "Life" magazine check to Howard Hughes, for publishing rights to autobiography, cashed in Switzerland by a Helga River Hughes, now sought for arrest. Author Clifford Irving says he gave checks to Howard Hughes.
REPORTER: Walter Cronkite
#219911
#219912
(Studio) United States jets carry out 5 protective reaction strikes against North Vietnam anti-aircraft sites.
REPORTER: Walter Cronkite
#219913
(Studio) Rhodesian peace enforced after days of racial rioting.
REPORTER: Walter Cronkite
(Salisbury, Rhodesia) Rhodesian security forces on full alert. British gov't. survey for public opinion on proposed agreement to give Africans greater political participation, sparks riots as blacks fear Rhodesian independence would result in continued rule by white minority. [RHODESIAN P. Min. Ian SMITH - says black riots prove blacks lack of maturity and civilization.]
REPORTER: Bert Quint
#219914
(Studio) Students stage sit-in at University of Cairo demanding war with Israel. President Sadat says he will not tolerate pressure groups.
REPORTER: Walter Cronkite
#219915
(Studio) New United Nations Secretary General Kurt Waldheim visits President Nixon.
REPORTER: Walter Cronkite
(DC) Waldheim asks Nixon for financial backing and new faith in UniversityN. Secretary of State Rogers and Waldheim discuss Mideast and India-Pakistan. [WALDHEIM - urges restoration of confidence in UniversityN.]
REPORTER: Marvin Kalb
#219917
#219918
(Studio) FTC (Federal Trade Commission) accuses nation's. 4 largest cereal makers of illegally monopolizing breakfast food market Kellogg, General Mills, General Foods, and Quaker Oats Companies accused of avoiding competition and cooperating to insure big profits for all.
REPORTER: Walter Cronkite
#219919
(Studio) Ralph Nader, consumer advocate, charges Federal government and Dairy Ind. with illegally setting up political front organization to finance President Nixon's re-election campaign.
REPORTER: Walter Cronkite
#219920
(Studio) Supreme Court rules unconstitutional the residency requirements for welfare recipients in New York and Conn. test cases.
REPORTER: Walter Cronkite
#219921
(Studio) Supreme Court agrees to retrial of wonder drug price-fixing case. Involving Bristol Meyers, others.
REPORTER: Walter Cronkite
#219922
(Studio) Denmark's King Frederik buried today.
REPORTER: Walter Cronkite
(Copenhagen, Denmark) Sailor king honored in funeral procession in Copenhagen. Train takes body to Roskilde.
REPORTER: John Laurence
(Studio) President Nixon's representative to funeral was John Eisenhower.
REPORTER: Walter Cronkite
#219923
(Studio) Singer and song writer Gene Austin dies at 71 in Palm Springs, Florida
REPORTER: Walter Cronkite
#219924
#219925
(DC) Magnitude of deficit spending questioned. Political issue ensues. National Sales Tax won't help, as it goes to localities.
REPORTER: Eric Sevareid
#665976