This program is 28 minutes long
#36507
(Studio) President vetoes congress bill to delay tariffs on imported oil.
REPORTER: Howard K. Smith
(White House) President voluntarily agrees to postpone for 60 days his plan to impose 2nd and 3rd stage of tariffs on imported oil; Congress to permit President to retain initial $1 per barrel increase [PRES. - says he's delaying import tariffs so Congress can speedily enact income tax cut. Tax cut needed to boost economy]
REPORTER: Tom Jarriel
(Capitol Hill) Democrats agree to postpone efforts indefinitely to override President' veto of oil bill. Vehicle of compromise between Congress and President likely to be Al Ullman's House Ways and Means Committee's energy plan. [Senator John PASTORE - says President gracious and cooperative; confrontation won't solve problem.] [Senator John TOWER - says Ullman's proposal closer to President' than Democratic party's plan; Ullman's proposal to be springbd. toward compromise.]
REPORTER: Bob Clark
#36508
(Studio) Senator Fin. Committee agrees to separate possible repeal of oil depletion allowance from tax cut bill; would allow Congress to complete action on tax bill by late March and ensure Senator's consideration of oil depletion allowance by July.
REPORTER: Harry Reasoner
#36509
(Studio) Algerian President Houari Boumedienne tells OPEC (Organization of Petroleum Exporting Countries) meeting that West cntrys.' efforts to reduce oil prices through conservation are delusions. Algerian president suggests oil prices be reduced or frozen till 1980 in return for massive West help in dvting. poorer nations.
REPORTER: Harry Reasoner
(Algiers, Algeria) Oil producers hope to hit upon some common oil policy for future. Saudi Arabia's King Faisal doesn't attend meeting, but Shah of Iran does. OPEC (Organization of Petroleum Exporting Countries) wants summit to be success; differences to be kept as quiet as possible.
REPORTER: Lou Cioffi
#36511
(Studio) Possible reasons for stock market's steady recovery discussed.
REPORTER: Howard K. Smith
(DC) Hope for reduction of oil prices probably has little to do with market increases Auto industry's profit figures discussed.
REPORTER: Dan Cordtz
#36512
(Studio) House Democratic leaders to push special $5.9 billion appropriation this mo.; should create 2 million new jobs. Money would pay for government programs and purchases already authorized by Congress but never funded.
REPORTER: Harry Reasoner
#36514
(Studio) 8 member congress delegation, just back from fact-finding mission in Indochina, recommends $116 million in emergency military aid for Cambodia and up to $75 million in food help. Representative Paul McCloskey, spking. for majority, makes recommendations to House subcommittee
REPORTER: Harry Reasoner
#36515
(Studio) Insurgents fire at least 24 rockets into Phnom Penh, Cambodia, and its airport; 9 wounded. Film of 1 of yesterday's rocket attacks follows.
REPORTER: Harry Reasoner
(Phnom Penh, Cambodia) Film shows dead and wounded lying in street right after rocket hits.
REPORTER: Frank Mariano
#36516
(Studio) United States and Iran sign economy agreement; calls for $15 billion in Iranian purchases in United States over next 5 years
REPORTER: Howard K. Smith
#36517
(Studio) Secretary of State Henry Kissinger leaves tomorrow for London as he begins another Mid. E. diplomatic journey.
REPORTER: Howard K. Smith
(DC) Much hinges on this latest trip. If 2nd stage agreement worked out between Israel and Egypt, Geneva peace conference would reconvene in context of American success. If Kissinger's mission fails, tensions to rise in Mid. E. between Israelis and Arabs and United States and USSR . New Strategic Arms Limitation Talks (SALT) agreement could be jeopardized,and summit postponed.
REPORTER: Ted Koppel
#36518
(Studio) Secretary of State Henry Kissinger may be facing another diplomatic problem. Announcement made last week that agreement near, giving Panama sovereignty over American-controlled Panama Canal and zone around it. Resolution introduced in Senate today expressing disagreement with such a position.
REPORTER: Harry Reasoner
#36519
(Studio) All demands of kidnappers of West German political Peter Lorenz met, but Lorenz hasn't been released. Details of demands reviewed.
REPORTER: Harry Reasoner
(W. Berlin, Germany) Former mayor of West Berlin, Heinrich Albertz, traveled with 5 anarchists to make sure they reached some cntry. offering asylum, safely; kidnappers demanded release of 5 terrorists from jail. Former mayor reads statement by terrorists on live TV; statement verifies anarchists' safety and requests Lorenz be set free.
REPORTER: Jerry King
#36521
(Studio) Environmental Protection Agency to announce tomorrow 1 year suspension of 1977 emission standards for autos. Environmental Protection Agency to head off serious health problems that could be caused by catalytic converter.
REPORTER: Howard K. Smith
(DC) Converter gives off sulfuric acid mist that threatens to become major health concern. New standard to go in effect by 1979; converter will be phased out probably. Health hazards resulting from converters outlined. General Motors film shown of catalytic converter production.
REPORTER: Jules Bergman
(Studio) Machinist Union reports it's been getting complaints about eye, nose, throat irritations from mechanics working on cars equipped with catalytic converters.
REPORTER: Howard K. Smith
#36522
(Studio) National gambling commission opens 2 days of hearings in Washington, DC to discuss government's proposal to regulate horse racing; spns. for industry say they prefer state control.
REPORTER: Harry Reasoner
(NYC) At Aqueduct race track, $6 million spent each year just to keep races honest. On day of race, horses examined at least twice before race. [Chief vet Dr. Manuel GILMAN - discuss racing improprieties of past, incling. horse switching, drugging etc.] New York racing association runs blood and urine tests on every horse that comes in 1st or 2nd. At Aqueduct, all medications and drugs banned before race.
REPORTER: Gregory Jackson
(Studio) At Roosevelt Raceway, agents who sell and pay betting tickets go on strike; race closed to public, but it was run anyway because nearly $ million placed in off-trace betting parlors.
REPORTER: Harry Reasoner
#36524
(Studio) Jury convicts David Owen Brooks of murder in Houston's sex and sadism - killings in 1973.
REPORTER: Howard K. Smith
#36525
(Studio) Federal Aviation Administration recommends Anglo-French supersonic airliner Concorde be allowed to fly to Washington, DC and New York.
REPORTER: Howard K. Smith
#36526
(Studio) Charlie Chaplin knighted by Britain's Queen Elizabeth,
REPORTER: Howard K. Smith
(London, England) Wife and children present for knighting ceremony. Exs. of Charlie Chaplin's silent screen film shown.
REPORTER: Hilary Brown
#36528
(Studio) Students at University of Richmond in Virginia plan to put together world's largest submarine sandwich on Mar. 16; ingredients discussed Money from event to go to student union. Students admit they hope to be immortalized in "Guiness Book of World Records."
REPORTER: Harry Reasoner
#668796