This program is 28 minutes long
#36049
(Studio) President and congress leaders meet in hopes of working out mutually acceptable energy plan.
REPORTER: Howard K. Smith
(White House) When Democrats 1st announced their energy plan, energy boss Frank Zarb said plan wouldn't bring energy independence, but this afternoon, mood much more positive. President reveals he's considering compromise on oil import tariff. [President FORD - discusses possible compromise. Admin. very willing to cooperate with congress Democrats] [Senator Mike MANSFIELD - knows compromise and immediate action needed.] Rptdly., President to go ahead and veto bill that would delay his oil tariff plan.
REPORTER: Steve Bell
(Studio) Democratic leaders agree with White House that final action on tax cut and rebate likely to be delayed because of amendment attached to bill, ending oil depletion allowance.
REPORTER: Howard K. Smith
#36050
(Studio) Major auto makers' cash rebate plan scheduled to end today, but Chrysler announces plans to modify and extend its program.
REPORTER: Harry Reasoner
(Chicago, Illinois) [Dodge dealer Lennie KRAUS - says rebate successful; details given.] Auto inventories back down to near-normal levels. [Chevrolet merchandising manager John OLEJNICZAK - says only 39% of cars bought during rebate period came under rebate program.] With rebate ending, General Motors and AMC plan to remove some standard equipment from cars and lower sticker prices. [OLEJNICZAK - thinks people generally buy exactly what they want, despite price.]
REPORTER: Greg Dobbs
#36051
(Studio) Agriculture Department reports prices of raw farm prdts. drop 4% between mid January and mid February
REPORTER: Harry Reasoner
(NYC) Farm prices dropping for 4 mos., but prices in supermarket still going up. Prime rate on business loans cut to 8 1/4%; loan demand still down despite dropping interest rates. W. T. Grant gets extension on $540 million loan; company lost $75 million last year
REPORTER: Dan Cordtz
#36052
(Studio) Leading liberal economist, Arthur Okun, tells congress committee it will take miracle to keep unemployment from reaching 9%. Okun believes history books to record this period as depression, not recession.
REPORTER: Howard K. Smith
#36055
(Studio) London subway train overshoots final stop and smashes into end of tunnel.
REPORTER: Howard K. Smith
(London, England) Many survivors trapped in wreckage for hrs. before removed. [POLICEMAN - describes scene at crash site.] [RESCUER - describes efforts to pull victims out of wreckage.] [SURVIVOR - says there wasn't much panic despite long wait to be rescued.] Cause of accident already under investigation.
REPORTER: Hilary Brown
#36056
(Studio) In Corona, California, about 200 cars collide in heavy fog on Riverside freeway.
REPORTER: Harry Reasoner
(Corona, California) [Accident victim Bill SCHERRER - says fog very dense and he ran into back of truck.] Around 100 persons hurt in pileup.
REPORTER: Ken Kashiwahara
#36057
(Studio) New York Telephone Company says yesterday's fire at switching station causes $10 million in damage; 170,000 phones to be out 3-6 weeks
REPORTER: Harry Reasoner
#36059
(Studio) President announces final 1 month extension of clemency program.
REPORTER: Howard K. Smith
(Fort Dix, New Jersey) 3 deserters return to United States shown; want undesirable discharge, not President's clemency program. [Deserter Tony TAYLOR - says by taking undesirable discharge, he doesn't have to admit he was wrong to desert Army.] [Lieutenant Colonel Patrick TOCHER - says many cmdrs. giving undesirable discharges to men who could be court-martialed; reasons given.]
REPORTER: Ann Medina
#36060
(Studio) James McCord, free on bail while appealing sentence for Watergate break-in, goes to court to try and gain more time before going to prison.
REPORTER: Harry Reasoner
(DC) McCord's attorney William Mann asks Judge George Hart for 3-wk. delay in start of McCord's prison sentence so he can continue trying to obtain motion for new trial. Judge Hart postpones start of sentence till March 21. [McCORD - says if new trial granted, it will reveal his lawyer actually working for John Mitchell.] McCord talking about attorney Gerald Alch, his attorney in break-in trial. [In Boston, ALCH - denies charges.] Ralph Newman, former document appraiser and former President Nixon's tax lawyer, Frank DeMarco, in court; charged with backdating deed so Nixon could get substantial tax break.
REPORTER: David Garcia Artist: Freda Reiter (WCVE-TV newsfilm)
#36061
(Studio) Legal issue of malpractice suits becoming major problem for doctors By tomorrow, 8000 California doctors must pay 100% increase in malpractice insurance premiums or lose malpractice coverage.
REPORTER: Howard K. Smith
(Los Angeles, California) Patients suing for malpractice with incring. frequency; neurosurgeons especially susceptible to malpractice suits. [Neurosurgeon Dr. M. Ray ROGERS - says he and associate must pay $38,500 each yr. for malpractice insurance]
REPORTER: Stephen Geer
(NYC) [President American Ins. Association Lawrence JONES - knows of no insurance company that wants to continue writing medical malpractice insurance under present system.]
REPORTER: Gregory Jackson
(Los Angeles, California) [California Attorney General Evelle YOUNGER - proposes fund be set up and any patient suffering adverse result could make claim on fund.] [American Medical Association president Dr. Malcolm TODD - wants medical profession to assure public that incompetent doctors will be removed from profession.] Some lawyers say cts. only place malpractice victims can get fair shake.
REPORTER: Stephen Geer
#36063
(Studio) Govt. troops in Cambodia abandon 2 key positions near Phnom Penh. US congress delegation now in Saigon, to visit Cambodia tomorrow.
REPORTER: Howard K. Smith
#36064
(Studio) Kidnappers holding United States cnsl. John Egan in Cordoba, Argentina, say he'll be killed unless it's proven 4 Argentine guerrillas alive and well. Kidnappers of Peter Lorenz, West Berlin mayoral candidate, say he'll be killed in 3 days unless 6 political prisoners released.
REPORTER: Howard K. Smith
#36065
(Studio) "Los Angeles Times" reports Environmental Protection Agency to give car makers extra year to meet antismog standards.
REPORTER: Harry Reasoner
#36066
(Studio) Department of Health, Education and Welfare Secretary Caspar Weinberger approves controversial regulations prohibiting sexual discrimination in intercollegiate athletics.
REPORTER: Harry Reasoner
#36067
(Studio) Cleveland Indians begin spring training under Frank Robinson.
REPORTER: Harry Reasoner
(Tucson, Arizona) Robinson great baseball player; 1971 World Series film shown. Robinson now 1st black manager in major leagues; to play with and manage Indians. [ROBINSON - says he won't allow pressure of his position to get him down.] Pitcher Dick BOSMAN - says color of manager doesn't count.] [ROBINSON - believes players ready to accept him if he treats players right.]
REPORTER: Dick Shoemaker
#36069
(Studio) Background of filibuster outlined. Filibuster, antidemo. Filibuster reformers performing service.
REPORTER: Howard K. Smith
#668723