This program is 27 minutes long
#229002
(Studio) Dep. director for Nixon's campaign committee Jeb Magruder admits own guilt in Watergate planning; implicating men closer to President than he. Testifies before Senate Watergate committee with limited immunity.
REPORTER: Roger Mudd
(Capitol Hill) [MAGRUDER - admits full involvement in Watergate scandal. President had no Watergate knowledge.] Magruder tells committee of mtgs. with Mitchell to approve G. Gordon Liddy's Watergate break-in plan and money to be used; cover-up story construction; pay-offs; executive clemency; cover-up crumbling; Magruder's confession to prosecutor. Magruder gives reason for Watergate break-ins. [MAGRUDER - says personal friends committing illegal acts in defense of beliefs. Saw William Sloan Coffin burning draft cards, staging mass demonstrations for ideals. Magruder thought own ideals much higher. Illegal acts to lead to legal end - President reelection.] [Senator Howard BAKER - asks if gone so far with Watergate burglary plan, had to go on with cover-up.] Affirmed. [MAGRUDER - testifies all plans went to H.R. Haldeman's aide, Gordon Strachan, to be summarized for Haldeman.] [Senate committee chairperson ERVIN - states if plans carried to Haldeman's aide, Haldeman knew of involvement.] [MAGRUDER - replies Haldeman may have decided not to believe what he read.] [ERVIN - asks if Haldeman and President so close, why wouldn't Haldeman tell President about plans.] Magruder has no answer. Committee learns roles from John Mitchell down, now wants parts played from Mitchell up in Watergate scandal.
REPORTER: Daniel Schorr
(Studio) CBS to broadcast report on Magruder's testimony at 8 EDT.
REPORTER: Roger Mudd
#229003
(Studio) Associated Press reports former Haldeman assistant Gordon Strachan ready to testify chief of staff H.R. Haldeman knew about Watergate cover-up. To testify if receives limited immunity.
REPORTER: Roger Mudd
#229004
(Studio) White House announces copy campaign contributions in files of Nixon's personal secretary Rosemary Woods, newly promoted to President executive assistant Assistant press secretary Jerry Warren makes announcement. Finance director reelection committee Maurice Stans testified finance receipts destroyed.
REPORTER: Roger Mudd
#229005
(Studio) Former aide Bryce Harlow returns to White House as President counselor with cabinet rank.
REPORTER: Roger Mudd
#229006
(Studio) Former national security adviser Morton Halperin sues Henry Kissinger and other officials for damage caused by wiretapped phone. Phone tapped 8-25 mos.
REPORTER: Roger Mudd
#229008
(Studio) Nixon economy proposals being called Phase 3 1/2. 60-day freeze on retail prices includes food. Wages, interest dividends,-; rent, farm products remain under voluntary controls Phase III. Proposals to affect farmers and consumers.
REPORTER: Roger Mudd
(Linn Cnty, Iowa) Stk. market fluctuates wildly. [Farmer Loren AIRY - says willing to feed consumer but with government intervention it's unsafe risk.] [Farmer Bob COOPER - says not convinced farm prices to be unaffected. Cutting back on pigs.]
REPORTER: Jeff Williams
(Chicago, Illinois) Opinions from shoppers at grocery store varied. Store owner says price freeze places him in profit squeeze. To raise food prices if possible after 60-day freeze.
REPORTER: Ike Pappas
#229009
(Studio) Congress opinion on price freeze generally favorable. 2 economists, Paul Samuelson and Elliot Janeway critical.
REPORTER: Roger Mudd
(DC) [SAMUELSON - says each freeze becomes weaker and weaker with indecision of action.] [JANEWAY - states United States could control economy and raise dollar value by using agriculture power. Let foreign countries come and get grain and pay cash.]
REPORTER: No reporter given
#229012
(Studio) President in national address asked Congress for authority to impose export controls on agriculture products now in such shortage. European money dealers' reaction to Phase 3 1/2.
REPORTER: Roger Mudd
(London, England) [Spokesperson London National Westminster Bank, River HAINES - states control insufficient. More needed.]
REPORTER: Charles Collingwood
(Paris, France) At French gold market, gold rises moderately; dollar falls. [Jean ST. GEOURS - says controls won't weaken dollar further but won't strengthen it either. Needs more complete policy.]
REPORTER: Peter Kalischer
(Frankfurt, Germany) Before Nixon address, dollar rallied bit, but fell after speech. [Ulrich HOERSKEL - believes Europe has no confidence in dollar.] [Richard SPANNER - says dollar much slower after speech than before.]
REPORTER: John Sheahan
#229013
(Studio) Japan biggest market for United States agriculture exports. Not pleased with Nixon announcement.
REPORTER: Roger Mudd
(Tokyo, Japan) Japan affected greatly by export controls on agriculture products. Many basic food items gotten from US. 90% soybeans from US could be crisis in Japan. Japanese see in proposed controls DC's failure to understand Japanese problems.
REPORTER: Bruce Dunning
#229014
(Studio) Dan Rather's analysis of President economic speech.
REPORTER: Roger Mudd
#229015
(Studio) In this reporter's. view President economic policy doesn't solve long-range economic problems, and delays real decisions at higher risk. President took Treasury Secretary Shultz advice on Phase III when should have listened to Melvin Laird and John Connally. Nixon freezes food prices at highest levels giving bankers and landlords large profits. May be recession on top of inflation if no workable ideas soon.
REPORTER: Dan Rather
#229017
(Studio) Cambodian bombing conts. for 100th day. Senator votes 67-15 to stop all bombing in Indochina. Few hrs. before, Henry Kissinger tried to persuade Congress not to stop Cambodian bombing. Under Vietnam cease-fire Cambodian bombing to continue indefinitely. Senator Hugh Scott says will give new cease-fire 2 weeks before something to be done.
REPORTER: Roger Mudd
#229018
(Studio) Soviet party leader Leonid Brezhnev says no pressure to be on Nixon because Watergate scandal during United States visit.
REPORTER: Roger Mudd
#229019
(Studio) FTC (Federal Trade Commission) critical trading post system on Navajo reservation in Arizona and NM. Charges many posts full of abuses.
REPORTER: Roger Mudd
(Los Angeles, California) Most Navajos live in poverty, disease, illiteracy. Charges against trading post include charging illegal prices, overcharging, selling poor quality food, selling in unsanitary conditions, traders intercepting welfare checks. Secretary Traders Association Charles Tansey admits violations but says not all committed by one trading post.
REPORTER: Harold Dow
#229020
(Studio) Mfrs. 10 pain relievers say not guilty to false ad charges by FTC. FTC wants 25% ad devoted to confessing mistakes.
REPORTER: Roger Mudd
#229022
(Studio) Near Albuquerque, NM, 2 cable cars stalled, stranding 41. Some rescued, others waiting for Army helicopter rescue.
REPORTER: Roger Mudd
(Albuquerque, NM) [Cynthia KIDD - says felt secure coming down from 1st cable car stranded.] [Rosemary SHELDON - believes made best of situation.] Among those trapped are baby and parents. Officials say no danger of cars falling.
REPORTER: Roger Mudd (narrates)
#667322