This program is 28 minutes long
#36421
(Studio) President Ford to decide tax bill soon. Govt. reports upturn in economy indicators and sharp drop in oil imports that turns balance of trade around.
REPORTER: Harry Reasoner
(DC) Ford says he has House votes to sustain tax cut veto. Last night, House rejects Republican motion to send compromise back to committee Press Secretary Ronald Nessen shows heavily pencilled copy of tax bill given to White House Ford meets with economic policy board; 12-page report by Treasury considers amendments opposed by President Ford prefers to veto bill. Veto would be slap at Representative Al Ullman and most of voters wouldn't understand.
REPORTER: Steve Bell
#36422
(Studio) Index of economy indicators shows 1% rise in February after 6 mos. decline.
REPORTER: Howard K. Smith
(NYC) Only 9 of 12 indicators incld. in index. Only 4 of 9 improved and 1 of those is stock market Other better trends cited. Record trade surplus due to $1.5 billion drop in oil imports. Trade deficit and heavy oil imports expected. Econs. agree economy won't touch bottom before August
REPORTER: Dan Cordtz
#36423
(Studio) Fewer building permits issued.
REPORTER: Harry Reasoner
(Chicago, Illinois) No shortage of new homes. [Regional Federal Home Loan Bank dir. Robert BARTELL - says people just not buying new homes. Will make it hard to turn construction industry around.] 400,000 new homes not sold last yr. [Hsing. consultant Ed HAVLIK - says price rollbacks, special deals, and subsidized financing available.] More mortgage loans available and interest drops. [BARTELL - says economy needs to recover before people buy.]
REPORTER: Greg Dobbs
#36424
(Studio) Rptd. Interior Secretary, Rogers Morton to be Commerce Secretary To persuade ind. to switch from oil to coal. Ex-gov. Wyoming, Stanley Hathaway, to succeed Morton.
REPORTER: Howard K. Smith
#36426
(Studio) In press conf., Secretary of State Henry Kissinger levels no blame for breakdown in Mideast diplomacy. In Hearst newspaper interview, Ford says Israel being more flexible would have been best peace insurance Says cong. failure to give more aid to Indochina part of reason Mideast talks broke down.
REPORTER: Howard K. Smith
#36427
(Studio) Communists open new offensives along central coast. Refugees in Danang try to get away. United States airlifts begin.
REPORTER: Harry Reasoner
(Danang, South Vietnam) Melee touched off when American embassy representative fires gun in air. Aircraft took off 50% empty. Refugees shown. Sound trucks blare messages from President Nguyen Van Thieu. 2 million people here.
REPORTER: Jim Bennett
(Studio) Refugees flown out of Danang to Saigon and Nha Trang.
REPORTER: Harry Reasoner
(Nha Trang, South Vietnam) Refugees arrive by World Airways jet. Evacuees go to refugee camp by business
REPORTER: Kevin Delaney (narrates)
(DC) 500,000 refugees in Danang. pentagon fears that refugees will turn into unruly mob if they can't get food and North Vietnam will take over. United States airlifts needed urgently. Agency for International Dvt. (AID) hasn't come up with money for airlift.
REPORTER: Frank Tomlinson
(Studio) Increased opposition to Thieu in Saigon. Attempted coup reported.
REPORTER: Harry Reasoner
(Saigon, South Vietnam) Students demonstrate and battle police, protesting war and Thieu. Reported that 20 were arrested for coup attempt. Ex-prem. Nguyen Cao Ky holds meeting with supporters to discuss worsening situation. KY- says not planning coup to overthrow Thieu.]
REPORTER: Ken Kashiwahara
#36430
(Studio) General Motors Corporation and AMC call back laid -off workers expecting incrd. small car buys. AMC says only 780 of 24,000 workers laid off. Used cars in demand.
REPORTER: Howard K. Smith
(Murray, Kentucky) Used car capital here. [Used car dealer Howard BRANDON - says business booms in spring. He buys 5-10 cars and sells 5-10 daily.] There are 162 used car dealers in Murray, whose population is 15,000. Good, clean used car produced here; pride in workmanship.
REPORTER: Jim Kincaid
#36431
(Studio) Retail sales up 3.5% last week, but fewer goods sold for more money.
REPORTER: Harry Reasoner
#36432
(Studio) Report on system to computerize supermkts.
REPORTER: Harry Reasoner
(Los Angeles, California) Computerized check-out system explained. Controversy exists over stores only wanting to list prices on shelves, not on each individual item. Consumer groups say prices on shelves can't be changed as fast as in computer. Senators Frank Moss and Warren Magnuson introduction legislature to stamp prices on individual items.
REPORTER: Dick Shoemaker
#36434
#36435
(Studio) Securities and Exchange Commission charges Howard Hughes and others with defrauding stkholders. of $49 million when Air West Incorporated taken over in 1968.
REPORTER: Howard K. Smith
#36436
(Studio) FDA (Food and Drug Administration) says 4900 of cordis heart pacemakers subject to moisture leakage and early battery depletion. FDA (Food and Drug Administration) advises doctors to monitor them.
REPORTER: Howard K. Smith
#36437
(Studio) 200 homeless and girl killed when tornado hits Lefors, Texas. 50 hurt and 2/3 bldgs. damaged.
REPORTER: Howard K. Smith
#36438
(Studio) 2 terrorist bombings in San Francisco Bay area. 1 cut off power to 35,000 homes.
REPORTER: Howard K. Smith
(San Jose, California) KNTV newsfilm shown of electric substn. at night. Damage to substn. shown. Planting of bombs systematic and time-consuming. Effects of power cutoff cited.
REPORTER: Rigo Chacon (narrates) (KGO-TV)
(Berkeley, California) Building housing local FBI hit by bomb. Damage shown. Building evacuated due to warning received by newspaper. Red Guerrilla Family takes credit in letter which supported SLA.
REPORTER: Rigo Chacon
#36440
(Studio) Reporter explains why he's avoided "good ol' days" syndrome. Some of 1970's problems are mailgrams, American ham and permanent press shirts and sheets. Movie "42nd Street" referred to.
REPORTER: Harry Reasoner
#668784