This program is 27 minutes long
#454647
(Studio) Whsle. prices in September drop .4%; biggest decline in 5 years September 1st marks full month of wage-price freeze and import surcharge. Prices go down on unfrozen prices.
REPORTER: John Chancellor
(DC) [Cost of Living Council Arnold River WEBER - speaks of tricky statistics; thinks some point of price decline attributable to freeze.] [Chairperson Council Econ. Advisers Paul West McCRACKEN - says plan shows tangible results; problem not solved.]
REPORTER: No reporter given
#454648
(Studio) Treasury Secretary John B. Connally defends tax relief plan before Senator; says individual taxpayer from 1969-74 to have taxes cut a lot, while corps. to have taxes incrd.
REPORTER: John Chancellor
(DC) [CONNALLY - says we're asking for balanced program. Individuals get $36.8 billion cut. Corporation taxes incrd. $3 billion.] [Senator Fred R. HARRIS - asks why not take business subsidy of $6 billion and cut taxes of people earning under $13,000. Their spending would increase demand.] [CONNALLY - says should be balanced program.] Admin. feels industry should get tax break to buy more machinery to create more jobs; but 25% factory machines not used now. Critics say industry needs more customers, not machinery.
REPORTER: Irving R. Levine
#454649
(Studio) President Nixon briefs congress leaders on phase II; plan to involve control bds. with possible government veto. No controls on profits. NBC to carry 7:30 p.m. EST talk live.
REPORTER: John Chancellor
#454651
(Studio) Govt. orders West coast longshoremen and Chicago grain elevator workers back to work Saturday, for 80 day cooling off period. Leader West coast union, Harry Bridges, orders men to begin work; no sign of work in Chicago.
REPORTER: John Chancellor
#454652
(Studio) Missouri Senators Stuart Symington, Thomas F. Eagleton and Governor Warren E. Hearnes endorse Senator Edmund Muskie for President Symington says early endorsement will help narrow field; 3 candidates in New York City Wednesday
REPORTER: John Chancellor
(NYC) 130 turn up for liberal party dinner. Senator George McGovern there; later attends bigger dinner of state liberal party Muskie and Mayor John V. Lindsay among guests. [McGOVERN - says he's running for President without reservation, unlike Muskie and Lindsay.] [MUSKIE - says Lindsay made right move when switched ptys.; compares Lindsay to Churchill facetiously.] [LINDSAY - says Senators McGovern and Harris already announced candidacy; talks about their candor in doing so.]
REPORTER: John Chancellor (narrates)
#454653
(Studio) Atlanta Mayor, Sam H. Massell, tells group of blacks to think white as he's often told whites to think black.
REPORTER: John Chancellor
#454654
(Studio) David Brinkley speaks with regard to tie between Supreme Court seat and racism.
REPORTER: John Chancellor
(NYC) Representative Richard H. Poff withdrew name due to promised fight over his past history of not voting for civil rights bill. "Village Voice" says liberals may have jumped the gun too soon. List of liberal items he supported given. Liberals, Representatives Emanuel Celler and William M. McCulloch supported him. Liberals knew nothing about him; voted him out, though he was sorry for civil rights record. Pressure pols. worked badly here.
REPORTER: David Brinkley
#454655
(Studio) "Newsday" runs series of articles on Charles G. ("Bebe") Rebozo. "Miami Herald" reports Rebozo and ex-Senator George Smathers sold Florida land to federal government Several discrepancies noted.
REPORTER: John Chancellor
#454657
(Studio) Org. of Petroleum Exporting Cntrys. meets in Vienna, Austria; demands share of West oil companies and higher prices.
REPORTER: John Chancellor
#454658
(Studio) Mexican police seize $1 million cocaine; 5 men arrested; point of dope smuggling ring.
REPORTER: John Chancellor
(Sinaloa, Mexico) Pts. of rural Mexico used as landing sites for aircraft smuggling dope. 2 plane wrecks shown. Army fights narcotics production. United States gives them 5 copters. Poppy field spotted, as is marijuana drying. Copter lands nearby. Peasant leads group to field; 200 pounds marijuana burned.
REPORTER: Tom Brokaw
#454659
(Studio) United States asks Communists at peace talks for complete list of POWs missing or dead. Viet Cong spokesperson says Nixon's not congratulating South Vietnam President, Nguyen Van Thieu, shows election to be farce. Casualties reported.
REPORTER: John Chancellor
#454661
(Studio) 200,000 gals. fuel oil from Standard Oil spill into Saginaw River at Bay City, Michigan. Workers try to keep it from Lake Huron.
REPORTER: John Chancellor
#454662
(Studio) New California aqueduct to run from Lake Oroville in North to Lake Perris in South Key pumping station starts.
REPORTER: John Chancellor
(California) South California has people; North California has water. Aqueduct runs 600 mile through mt. range to Los Angeles. Governor Ronald West Reagan opens pumping station Ralph Nader calls plan boondoggle. Some fear ecology damage. [REAGAN - says project is enduring monument to taming elements.] He starts motor. 6 mos. before Los Angeles can use water.
REPORTER: Don Oliver
#454663
(Studio) Brush fire starts near Santa Barbara, California; 7 homes destroyed; residents evacuated.
REPORTER: John Chancellor
(Montecito, California) Fire shown. 7 injured; 3,000 acres burned out. Arson suspected.
REPORTER: Roy Neal
[NO AUDIO 5:55:20-30.]
#454665
(Studio) Food plant of Mrs. Romana A. Banuelos raided by immigration workers; 36 illegal aliens taken. White House says fact of 5 earlier raids doesn't affect her nomination as United States Treasury Senator Russell B. Long disagrees. 1 alien worked for West White House
REPORTER: John Chancellor
#454667
(S) Astronomers confirm find of mile-wide moon, "Toro", which travels around sun every 8 years; could hit earth but not for 180 years
REPORTER: John Chancellor
#665191