This program is 28 minutes long
#36321
(Studio) Consumer price index for February up 0.5%. Grocery prices drop but continued high prices for services, medicine and home ownership keep index up.
REPORTER: Harry Reasoner
(No location given) Many economists hope for drop in inflation rate; however there is general confidence that prices going down. Altogether, figures seem to add up to temporary setback in battle against inflation.
REPORTER: Dan Cordtz
#36322
(Studio) Senator throws out work done so far on tax cut bill and starts all over from scratch again.
REPORTER: Harry Reasoner
(Capitol Hill) Senator starting over with new streamlined tax plan offered by Senate majority leader Mike Mansfield. Details of Mansfield's bill outlined. Senator must resolve question of oil depletion allowance.
REPORTER: Sam Donaldson
(Studio) Oil depletion allowance gives big tax break to oil investors; originally set up to encourage expensive oil exploration. Small oil companies believe allowance should continue, at least for them.
REPORTER: Harry Reasoner
(Albany, Texas) Nearly 90% of wildcat wells drilled in country by independent operators. [Independent driller John Rex JONES - says he plans to drill 30-40 wells this year; if depletion allowance done away with, about 1/2 as many wells would be drilled.] [Investment broker Dale SCHWARZHOFF - says only 4-5% of exploratory wells ever make money. Tax benefit has significant factor on investor's desire to put his money in these wells.]
REPORTER: Roger Peterson
(Studio) Oil companies to fight hard to keep oil depletion allowance.
REPORTER: Harry Reasoner
#36323
(Studio) House approves emergency 1 year farm bill, raising price supports for wheat, feed grains, and other products. House 1st trimmed down milk price support feature.
REPORTER: Harry Reasoner
#36324
(Studio) General Motors to recall 4000 furloughed workers back to their job in Michigan because of incrd. compact and subcompact car sales. General Motors to lay off 2500 workers at truck and coach division
REPORTER: Harry Reasoner
#36327
(Studio) Reports of new South Vietnam government withdrawals continue to flow into Saigon. 8 provinces abandoned or are in process of being abandoned. Hue in province of Thua Thien reported to be ghost town. 5 more provinces in danger of collapse.
REPORTER: Harry Reasoner
(Tay Ninh, Saigon road) North Vietnam pressuring government troops to pull back on every front. Thousands of refugees streaming out of Tay Ninh. President Thieu can't take these losses, militarily or politically, much longer.
REPORTER: Jim Giggans
(Studio) In some areas further north, Communists appear to be aiding withdrawal, but in other sections, Communists rptdly. harass troops and refugees. Refugee exodus conts. from 3 central highlands provinces abandoned by South Vietnam government earlier in week
REPORTER: Harry Reasoner
(Saigon, South Vietnam) Thousands of refugees trying to reach coastal enclaves after abandoning their homes in central highlands.
REPORTER: Frank Mariano
(Studio) Defense Secretary James Schlesinger says scope of present North Vietnam offensive was surprise.
REPORTER: Harry Reasoner
(DC) Schlesinger says he didn't expect North Vietnam to make its move till 1976. [SCHLESINGER - places blame for South Vietnam troubles squarely on Congress for not providing enough aid.] South Vietnam President Thieu's position still stable, according to Defense Secretary It s reasonable to assume North Vietnam to try and take Saigon at some point.
REPORTER: Frank Tomlinson
#36328
(Studio) Secretary of State Henry Kissinger flies from Israel to Egypt with some new ideas for 2nd stage of troop withdrawal in Sinai. ABC's Ted Koppel says Kissinger sees agreement based on following lines; details given.
REPORTER: Harry Reasoner
#36330
(Studio) FDA (Food and Drug Administration) asks for scientific review of 1969 ban on cyclamates because of incrd. doubts that artificial sweetener causes cancer. FDA (Food and Drug Administration) also releases study with regard to laxatives.
REPORTER: Harry Reasoner
(DC) FDA (Food and Drug Administration) report says there's widespread misuse of laxatives. 1/2 ingredients tested found unsafe and ineffective. [FDA (Food and Drug Administration) commissioner Dr. Alexander SCHMIDT - says many laxatives to be reformulated so ingredients effective.]
REPORTER: Vic Ratner
#36331
(Studio) Federal grand jury in San Francisco, investigating Patricia Hearst case, wants to take testimony from Jack Scott; Scott may have helped out Patty and SLA. Scott not to be found; jury talks with Scott's father.
REPORTER: Harry Reasoner
(San Francisco, California) Scott's father takes 5th amendment; claims he doesn't know Patty Hearst's whereabouts. [John Scott's attorney, Doran WELHBERG - reads statement from Scott. Says he's committed no crime; FBI using Senior Scott to get at son or Patricia Hearst.] Welhberg states "Times" article false. [WELHBERG - says it's untrue John Scott harbored Patricia Hearst in Las Vegas this past summer.]
REPORTER: Stephen Geer
#36332
(Studio) Supreme Court Justice William O. Douglas returns to work for 1st time after suffering stroke December 31.
REPORTER: Harry Reasoner
#36333
#36334
(Studio) Senator Rules Committee begins recount of ballots in disputed New Hampshire Senate race last November John Durkin and Louis Wyman each claim to be winner.
REPORTER: Harry Reasoner
#36335
(Studio) In Philadelphia, transport workers union tentatively agrees to end 6-day strike. In New York, doctors' strike goes into 4th day.
REPORTER: Harry Reasoner
#36336
(Studio) Labor member of British Parliament charges Britons being bugged, followed and having mail examined by CIA; Russian Secret Service also in Britain.
REPORTER: Harry Reasoner
#36337
(Studio) Next Monday night in Cleveland, Ohio, heavyweight boxing championship to be fought.
REPORTER: Harry Reasoner
(New Jersey) Chuck Wepner and Muhammad Ali to fight it out. Wepner guaranteed $100,000 whether he wins or loses. [WEPNER - discusses his battle tactics.]
REPORTER: Gregory Jackson
(Deer Lake, Pennsylvania) At Deer Lake, Pennsylvania, new Ali strategy seen. [ALI - explains.] If Ali loses, he stands to lose immense 1st in planned rematch with George Foreman.
REPORTER: Gregory Jackson
#36339
(Studio) New York "Times" and Barry Goldwater agree on propriety of CIA raising Russian sub for intelligence gathering. Subject further considered.
REPORTER: Harry Reasoner
#668768