This program is 27 minutes long
#239195
(Studio) Saudi Arabia's King Faisal assassinated by mentally deranged nephew. Assassin shot Faisal as leader participated in holy Moslem ceremony.
REPORTER: Walter Cronkite
(Saudi Arabia) In 1938, 1st barrel of oil produced in Saudi Arabia; country now has world's largest reserves. By end of century Saudi Arabia's financial reserves to total $100 billion. King Faisal had ambitious view of cntry.'s future. Faisal's character discussed. Crown Prince Khaled now becomes king, but will be removed if he's not up to job. Saudi Arabia almost certain to remain pro-American and violently anti-Israel. [In last interview with West world on Mar. 22, 1975, FAISAL - says he wants Saudi Arabia to be source of light and peace for rest of world in future. Hopes modern technology can be combined with established traditions.]
REPORTER: Bill McLaughlin
(Studio) 30 year old Prince Faisal Bin Musad Bin Abdel Aziz identified as King Faisal's assassin; graduate of University of Colorado. Prince Faisal arrested 6 years ago in Colorado for conspiring to sell LSD. Assassination may have been revenge killing; details given. White House announces Vice President Nelson Rockefeller to fly to Saudi Arabia with personal message from President Ford on Faisal's death. Earlier, President and Secretary of State Henry Kissinger react to King Faisal's death.
REPORTER: Walter Cronkite
(DC) Kissinger appears before House committee to discuss collapse of peace negotiations between Israel and Egypt and Faisal's murder. Kissinger believes real power behind new king lies with Prince Fahd Ibn Abdel Aziz. [KISSINGER - says King Faisal good friend of United States and force for moderation in Mid. E. Expresses sorrow over tragic event.] [Senior Vice President Arab American Oil Company Joseph JOHNSTON - doesn't expect Saudi Arabia's oil policy to change.] [Former Commerce Secretary Peter PETERSON - expects good deal of stability in situation.] Sense of controlled anxiety exists here.
REPORTER: Marvin Kalb
(Studio) Egyptian President Anwar Sadat, Kuwait, Arab for mins. conf., OPEC (Organization of Petroleum Exporting Countries) meeting react to Faisal's death with respect; details given. Israeli officials withhold immediate comment. Israel's ambassador to United States doesn't believe Faisal's assassination to interfere with future United States peace efforts. CBS to carry special on Faisal assassination at 11:30 p.m. EDT.
REPORTER: Walter Cronkite
#239197
(Studio) Thousands of Americans living and working in Saudi Arabia could be affected by change in Saudi Arabia's government
REPORTER: Walter Cronkite
(Riyadh, Saudi Arabia) American products compete with those from Germany and and Japan. With gasoline prices at 15 cents per gallon, autos and hwys. very integral part of Saudi Arabian life. ARAMCO 1 of largest American interests in Saudi Arabia. Despite government change, American community in Saudi Arabia likely to triple in next 5 years Saudi customs very strict; Americans must abide by or take part in American customs privately. [AMERICANS - react to Saudi Arabian life.] 1 of Faisal's most beloved projects was construction of specialist hosp.; project director is American and so is main construction firm. Doctors, nurses, and equipment recruited mainly from American With death of Faisal, continued United States influence in Saudi Arabia questioned.
REPORTER: Mario Biasetti
#239199
(Studio) United States announces plans to evacuate refugees from isolated Danang, South Vietnam. Evacuation by sea also planned. Film of refugees shown. Evacuees to be carried to Cam Ranh Bay and on to refugee camps further south President Ford sends Army chief of staff Weyand to Saigon tomorrow to assess military situation. South Vietnam President Thieu orders reshuffling of administration Hue finally abandoned, giving Communists complete control of Thua Thien Province.
REPORTER: Walter Cronkite
(Tam Ky, South Vietnam) All during day, soldiers pull out of Tam Ky about 35 mile s. of Danang. Within 7 hrs., Communists controlled Tam Ky. Morale among South Vietnam troops virtually
#239200
(Studio) New Portuguese cabinet named; incld. in cabinet are regular Communist party and Communist satellite group. Communists now have greatest proportion of representation in government Socialist leader Mario Soares removed as foreign min., but remains in cabinet.
REPORTER: Walter Cronkite
#239202
(Studio) Congress conference committee writing tax bill agrees on immediate $100-200 tax rebate for almost all taxpayers.
REPORTER: Walter Cronkite
(DC) After 1st session, $6.6 billion removed from taxcutting package. Approved and deleted provisions of tax bill outlined. Pending provisions reviewed. Representative Al Ullman believes differences can be resolved before Easter recess Wednesday
REPORTER: Marya McLaughlin
(White House) President' senior legislature advisers check on committee 's progress. [Adviser, Max FRIEDERSDORF - says Ullman believes President to go along with tax bill.] President remains opposed to all amendments of tax bill, but he may be willing to compromise.
REPORTER: Phil Jones
#239203
(Studio) Interstate Commerce Commission grants nation's RRs 7% increase in freight rates; construction and auto mfrs. exempt from increase
REPORTER: Walter Cronkite
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(Studio) Auto sales in 2nd 10 days of March down almost 30% for big 4 auto makers.
REPORTER: Walter Cronkite
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(Studio) Nixon White House aide who exposed existence of Watergate tapes, Alexander Butterfield, resigns as Federal Aviation Administration administrator. Top federal official involved with mine safety, James Day, also resigns.
REPORTER: Walter Cronkite
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(Studio) Former 1st Lady Mamie Eisenhower admitted to Army hosp. at Fort Gordon, Georgia, with internal bleeding.
REPORTER: Walter Cronkite
#239209
(Studio) Charles Kuralt on road in Denver, Colorado. Learns 1 man's junk may be another man's pride.
REPORTER: Walter Cronkite
(Denver, Colorado) Beer can collectors do exist and take hobby seriously. [Lou CADY - says beer can collectors interested in trading cans not money. Would love to find 1st beer can ever made - in 1935.] [Ron MORMON - says he wouldn't part with Soul beer can; reasons given.]
REPORTER: Charles Kuralt
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