This program is 27 minutes long
#36464
(Studio) Over wkend., President reviews Democrats' energy and economic plan along with House Ways, Means Committee's energy plan. Possibility of compromise looks promising.
REPORTER: Howard K. Smith
(White House) President likely to take 1st step toward compromise by postponing 2nd and 3rd phase of incring. tariff on imported oil, delaying decontrolling of oil, reducing gas price rise; other areas of compromise discussed.
REPORTER: Tom Jarriel
(Studio) Mr. Ford's top advisers present White House energy proposals to House Ways, Means Committee
REPORTER: Harry Reasoner
(Capitol Hill) Advisers believe import tax offers best plan for curtailing oil demand. Ways, Means chairperson Al Ullman thinks his committee 's idea of import quota better. [ULLMAN - says basis of compromise must be quota system.]
REPORTER: Sam Donaldson
#36465
(Studio) According to Boston Federal Reserve Bank study, economy in worse shape than any index shows. Study reports economy slid 3% in January
REPORTER: Harry Reasoner
#36467
(Studio) Rock Island railroad in financial trouble. [Audio difficulty 5:05:20 - 5:05:30.] Rock Island management employees agree to salary deferment.
REPORTER: Harry Reasoner
#36468
(Studio) Last week, National Airlines proposed big rate cuts in effort to fill empty seats.
REPORTER: Harry Reasoner
(Miami, Florida) If Civil Aeronautics Board approves plan, lower rates go in effect in Apr. Exs. of rate cuts outlined. [National Airlines J. Dan BROCK - explains reason for reducing rates on jumbo aircraft.] [PASSENGERS - react to proposed rate cut positively.] In effect, National to offer 3rd class section on jumbo jets.
REPORTER: Charles Murphy
(Studio) So far, National only airline to apply for airfare reduction.
REPORTER: Harry Reasoner
#36469
(Studio) Other inds. also reducing prices to stimulate slow sales.
REPORTER: Howard K. Smith
(DC) Department stores report seasonal sales better this year than last; apparel costs seem to be dropping. Hsing. industry, auto industry also picking up. Appliance industry now using rebate gimmick to promote sales.
REPORTER: Dan Cordtz
#36470
(Studio) General Motors raises $600 million by selling long-term securities; money to be used to financial plant development and research.
REPORTER: Howard K. Smith
#36473
(Studio) In Cambodia, rebels fire rockets into Phnom Penh; at least 19 killed and many more wounded. 1 member of ABC camera crew slightly wounded
REPORTER: Harry Reasoner
#36474
(Studio) Congress delegation, assessing need for additional aid in Indochina, returns to Washington, DC this morning.
REPORTER: Harry Reasoner
(DC) [Representative Bella ABZUG - doesn't think United States should continue to participate in mil. aid program.] [Representative Millicent FENWICK - says her convictions against supplying more aid to Indochina have been visibly shaken.] This afternoon, group meets to discuss Indochina trip. Congress members divided over money issue.
REPORTER: Frank Tomlinson
#36475
(Studio) Thailand's new civilian government calls for withdrawal of all United States planes and men within 18 mos. unless there's military crisis.
REPORTER: Harry Reasoner
#36476
(Studio) Israel sets up special planning board to draw up options for possible withdrawal in Sinai. Israel's captured oil wells cause some problems.
REPORTER: Howard K. Smith
(Tel Aviv, Israel) Gasoline prices 4 times as high as in US, but there's no gasoline shortage because Israel controls Abu-Rudeis oil wells in Sinai; wells captured during 1967 war. Many people now worried about losing Abu-Rudeis wells in 2nd disengagement deal. [Geologist Moshe SHAFRIR - says Abu-Rudeis wells supply 65% Israel's oil needs.] Without oil fields, Israel would undoubtedly become more dependent on US.
REPORTER: Don Farmer
#36477
(Studio) OPEC (Organization of Petroleum Exporting Countries) mins. assemble in Algiers. Several important leaders incling. Saudi Arabia's King Faisal not planning to attend. Unity may not be as sure as OPEC (Organization of Petroleum Exporting Countries) wishes.
REPORTER: Howard K. Smith
#36479
(Studio) West Berlin's successful mayoral candidate, Peter Lorenz, still in hands of kidnappers, although 5 guerrillas released as kidnappers demanded. Plane carrying guerrillas lands in Aden.
REPORTER: Howard K. Smith
(W. Berlin, Germany) Release of guerrillas takes place in full view so kidnappers could see demands were met. Full details of kidnappers' demands and guerrillas' release discussed. Former mayor, during Munich massacre, also on plane as hostage of guerrillas.
REPORTER: Jerry King
(Studio) Terrorists may not be allowed off plane in Aden; plane could be forced to fly back to Germany.
REPORTER: Howard K. Smith
#36480
(Studio) In political kidnapping last week, American cnsl. in Argentina John Egan killed by kidnappers Friday
REPORTER: Harry Reasoner
(Cordoba, Argentina) Kidnappers' demands outlined; killers still at large.
REPORTER: Gregory Jackson
#36481
(Studio) In Shelton, Connecticut, 3 men wearing ski masks kidnap 2 plant security guards and janitor, drive 5 mile away and then release men. Kidnappers claim to be members of Weather terrorist group and return to blow up sponge rubber products plant.
REPORTER: Howard K. Smith
(Shelton, Connecticut) Plant workers fill out unemployment cards. [WORKERS - react to new unemployment status.] [Merchant Joseph BORCHERDING - says he'll definitely feel loss of business from destruction of plant.] REPORTER: Ann Medina
#36482
(Studio) 5th victim dies of wounds inflicted by rifleman in California resort town; gunman opens fire from hotel.
REPORTER: Harry Reasoner
#36483
(Studio) John Ehrlichman wins dismissal of perjury indictment in connection with break-in of office of Daniel Ellsberg's psychiatrist.
REPORTER: Harry Reasoner
#36484
(Studio) Indians occupying electronics plant on Navajo reservation in NM leave plant under compromise settlement; details given.
REPORTER: Harry Reasoner
#36485
(Studio) William Coleman confirmed by Senator as Secretary Trans.; 2nd black man to be apptd. cabinet member
REPORTER: Harry Reasoner
#36486
(Studio) Supreme Court rules news media can't be punished for disclosing info. already on court record and open to public inspection. Decision stems from Alabama rape case.
REPORTER: Harry Reasoner
#36488
(Studio) This reporter believes presidential and congressional argument with regard to oil policy both right. All signs point to compromise.
REPORTER: Howard K. Smith
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