This program is 27 minutes long
#277470
(Studio) Challenge to Reagan economy plan by increase in prime lending rate and drop in stock market reported; STK. MKT. REPORT
REPORTER: Dan Rather
(NYC) Question about Federal Reserve Bd.'s policy on money supply and impact on economy examined. [Economist Gary STERN - thinks Bd. misjudged situation.] Recent increases in interest and prime lending rates noted affecting Dow Jones; details outlined on screen, discussed.
REPORTER: Ray Brady
#277471
(Studio) Admin.'s budget plan noted coming up for vote in House this week
REPORTER: Dan Rather
(DC) Criticism of and support for President's proposals noted. [Vice President George BUSH - remarks on recent congress criticism of plan.] Response of House speaker Thomas O'Neill quoted. [Representative Jim WRIGHT - recalls Bush's former feelings about Kemp-Roth plan.] House television tape shown. [Representatives Leon PANETTA, Phil GRAMM - debate issue.] O'Neill's acknowledgement of White House's successful lobbying mentioned.
REPORTER: Susan Spencer
(DC) President Reagan's continued lobbying efforts with Representatives noted. [Representatives Rich SHELBY, Eugene ATKINSON, Charles STENHOLM, Don ALBOSTA - praise President] White House version of promises made Representatives quoted; implications for Democrats running for reelec. in 1982 noted.
REPORTER: Bill Plante
#277472
(Studio) Report introduced
REPORTER: Dan Rather
(DC) Pawnshops reported thriving in current United States economy; films shown. [Pawnbroker Gary CHELEC - notes extent of customer's needs.]
REPORTER: Bob Schieffer
#277474
(Studio) Expected violence following death of jailed IRA (Irish Republican Army) hunger striker Bobby Sands said not inevitable.
REPORTER: Dan Rather
(Belfast, North Ireland) British government's position with regard to hunger strikes by prisoners outlined; anticipated violence discussed. Role of media in violence issue examined; military strategy of British mentioned.
REPORTER: John Blackstone
#277475
(Studio) Syria said refusing to remove missiles in Lebanon; their claim of need for such defense against Israeli air strikes noted. President Reagan's letter to Israeli Prime Min. Menahem Begin cited.
REPORTER: Dan Rather
(Tel Aviv, Israel) United States Ambassador Samuel Lewis reported delivering letter to Begin. [LEWIS - doesn't see solution yet.] Begin's assessment of situation outlined. [BEGIN - considers missiles a security threat.] Possibility of Israeli action against missiles considered; Begin's and mins.' anticipated response to Reagan's letter cited.
REPORTER: Bob Simon
#277476
(Studio) Secretary of State Alexander Haig, at NATO (North Atlantic Treaty Organization) meeting in Rome, Italy, reported claiming President Reagan has written USSR President Leonid Brezhnev with regard to E.-W. relations in general
REPORTER: Dan Rather
(Rome, Italy) [Italian Prime Min. Arnaldo FORLANI - calls for silence (in Italian).] Haig reported announcing United States-USSR arms control talks by end of year; details given. Haig said beginning mtgs. with foreign minister Andrei Gromyko at fall United Nations session in New York City to work out details of negotiations; purpose of talks, focusing on missiles in Europe, outlined. Haig's warning about any USSR intervention in Poland affecting talks noted.
REPORTER: Robert Pierpoint
#277477
(Studio) Cands. in France's president election, Vaiery Giscard d'Estaing and Francois Mitterrand, reported agreeing to televised debate; details given.
REPORTER: Dan Rather
#277479
(Studio) Report introduced
REPORTER: Dan Rather
(DC) Justice Department's solution to Saint Louis, Missouri, school integration plan, involving college tuition for those students voluntarily participating in busing program, examined; opposition to plan by state of Missouri noted.
REPORTER: Fred Graham
#277480
(Studio) Supreme Court reported agreeing to consider issue of free public education for illegal aliens; details given.
REPORTER: Dan Rather
#277482
(Studio) Mystery surrounding deaths of elderly patients in intensive care in Perris and Banning, California, hospitals reported; details given.
REPORTER: Dan Rather
#277483
(Studio) Japan's agreement last week to vol. limit auto exports to US recalled; General Motor's introduction today of model competing with Chrysler K cars and Ford World cars, the J car, announced.
REPORTER: Dan Rather
(Chicago, Illinois) J cars (indiv. models named) examined; films shown. [Chevrolet mkting. director Emmett FEELY - hopes foreign car aficionados will be attracted.] Problems faced by General Motors Corporation noted. [Datsun dealer Lou TROY - cites usual effect of new small car models.] [Auto analyst David HEALY - thinks price differential between United States and Japanese cars is ending.] Cadillac models discussed; BMW, Audi 4000 mentioned.
REPORTER: Don Webster
#277484
(Studio) Senator Ethics Committee reported beginning hearings on Senator Harrison Williams, convicted recently in Abscam trial; details given.
REPORTER: Dan Rather
#277485
(Studio) Patty Hearst Shaw reported giving birth to baby last night; details given, husband Bernard Shaw mentioned.
REPORTER: Dan Rather
#277487
(Studio) Historical significance of Oregon Trail recalled.
REPORTER: Dan Rather
(Oregon City, OR) Abraham Lincoln's promise of payment to Oregon if it kept OR Trail safe from Indians during Civil War reported; photos shown. [OR sen. historian Cecil EDWARDS - notes federal government's promise to states.] State's effort to collect now examined. [Governor Victor ATIYEH - comments on situation; recalls President Reagan's acting career.]
REPORTER: Terry Drinkwater
#674377