This program is 27 minutes long
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(Studio) For 1st time ever, Dow-Jones Ind. Avenue closes above 1000.
REPORTER: Walter Cronkite
(NYC) Scene as market closes shown. ["Wall Street Journal", John O'RILEY - downplays significance of high ave.] [Stk. analyst Larry WACHTEL - says ave. confirms bullishness of market, denotes economy strength.]
REPORTER: Gary Shepard
(Studio) Rest of stock market report given (volume,avenueprices, etc.).
REPORTER: Walter Cronkite
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(Studio) Pvt. Billy Dean Smith found innocent of charges he killed 2 US officers in Vietnam with fragmentation grenade.
REPORTER: Walter Cronkite (Fort Ord, California) Mil. jury takes 5 hrs. to arrive at verdict. [Defense attorney Luke McKISSACK - happy.]
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REPORTER: Richard Threlkeld Artist: Howard Brodie
(Studio) Captain J. D. Ward of racially troubled carrier Constellation hints of sabotage at sea.
REPORTER: Walter Cronkite
(San Diego, California) Wives of sailors support Captain Ward. Sailors sign petitions praising him. [Aviation ordinance, Arthur LOCKETT - calls Ward an outstanding skipper.] [Aviation boatswain mate, Theodore TYLER - calls Ward Navy's best commanding officer.] [Chief aviation mechanic, Al HOLLEY - says he saw much disrespect of senior officers.] [Aviation boatswain mate, Joe SPURLING - says officers not interested in solving peoples' problems.] [Chief David WILSON - says tension was high during strike at sea.] Striking sailors complain of unequal justice. [WARD - refused to meet with protesters as they were not orderly. Denies unequal punishments for black and white sailors.] Strikers will not go un- punished.
REPORTER: Jim Kilpatrick
(Studio) Top Navy officials speak on problem of race relations.
REPORTER: Walter Cronkite
(Pentagon) [Chief of naval personnel, Vice Admiral David BAGLEY - notes seriousness of racial problem, but says corrective programs are underway. Predicts more incidents.] [Chief of naval operations, Admiral Elmo ZUMWALT - says some officers not aware of need for equal racial opportunities. Stresses need for discipline and order.] Congress investigation underway.
REPORTER: Bernard Shaw
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(Studio) Pvt. Billy Dean Smith sentenced to reduction in rank and dishonorable discharge for spitting on officer in Vietnam.
REPORTER: Walter Cronkite
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(Studio) North Vietnam agrees to more private talks with Henry Kissinger, sends Le Duo Tho to Paris (via China and Russia) for meeting
REPORTER: Walter Cronkite
(White House) President Press Secretary Ronald Ziegler says administration satisfied with pace of discussions with South Vietnam and North Vietnam for peace. Henry Kissinger, General Alexander Haig, still in DC.
REPORTER: Hal Walker
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(Studio) Senator George McGovern intends to fight for new politics reform elements in struggle for control of Democratic party Says AFL-CIO President George Meany, former Texas Governor John Connally have never accepted reform. South Carolina Senator Ernest Hollings calls for removal of Mrs. Jean Westwood as Democratic national chairwoman McGovern calls for Democrats who want Westwood out not to be too hasty. McGovern says Eagleton affair was severest single blow to campaign. AP reports McGovern aides knew of Eagleton's medical history prior to his selection as Vice President nomination Aide John Holun says staff checked alcoholism rumors and learned about exhaustion.
REPORTER: Walter Cronkite
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(Studio) Alabama Governor George Wallace considers acupuncture treatment.
REPORTER: Walter Cronkite
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(Studio) Rain, snow, high winds, flooding push winter across US. Student drowns as Lake Michigan wave sweeps him from Chicago pier. Lakes Huron and Erie cause flood damage in Michigan and Ohio. Blizzard snows cover area from Colorado to New York. Mother electrocuted by snow-felled power line in Nebraska. Tornado reported in Florida. California rain reported California, Arizona snow expected. New York City soaked with rain.
REPORTER: Walter Cronkite
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(Studio) Juan Peron goes back to Argentina after 17 years exile. Former dictator leaves Spain to return home on mission of peace.
REPORTER: Walter Cronkite
(Rome, Italy) Peron stops in Rome. He is a robust 77 years old.
REPORTER: Tom Fenton
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(Studio) Federal Aviation Administration reports Cuban Premier Castro talked with captain of hijacked Southern airliner. pilot Bill Haas says Castro praised him for skill in landing plane, crippled when FBI shot out tires. Hijackers to be treated as criminals. Acting FBI Director L. Patrick Gray says he ordered plane's tires shot.
REPORTER: Walter Cronkite
(Saint Louis, Missouri) [GRAY - says plane had to be stopped. Says Southern Airways concurred with decision to abort flight.]
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(Studio) American motorists often caught in small town speed traps. Supreme Court outlaws towns where mayors serve as judge in such cases.
REPORTER: Walter Cronkite
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(Studio) 2 years ago New York teacher lost job for refusing to salute American flag and say pledge of allegiance. Federal appeals court rules she was fired illegally. 1st amendment protects right to silence.
REPORTER: Walter Cronkite
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(DC) McGovern says he is not real loser; country is. Feels his philosophy would be better for nation than Nixon's in long run. Says Democratic party has rap. unnatural coalition and urges Democrats who voted Republican to formally switch partys. That would mean straight liberal and conservative partys. Republican Ripon Society says massive ticket-splitting denotes party nonalignment, a factor which weakens partys. and results in unstable government.
REPORTER: Eric Sevareid
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