This program is 27 minutes long
#482020
(Studio) President to delay for 60 days further increases on foreign oil; also postpones plan to decontrol domestically produced oil. - At same time, Mr. Ford vetoes bill that would have required him to remove tariff on for. oil. All this should clear way for quicker tax cut.
REPORTER: John Chancellor
(White House) [PRES. - says he's postponing oil tariff increases so Congress can speedily enact income tax cut. Substantial tax cut needed to revive econ.] Federal Energy Administration Frank Zarb says $1 per barrel tariff already on imported oil to remain as is. [ZARB - says postponement of tariff increase to give Congress and President time to come to an agreement, hopefully.] President won't attempt to decontrol domestic oil till May 1.
REPORTER: Tom Brokaw
(Studio) In general, President' actions well-received by congress Democrats Democrats must agree on their plan before cooperation can really begin. Democratic leadership's energy plan compared with Al Ullman's House Ways and Means Committee's plan.
REPORTER: John Chancellor
(Capitol Hill) [Senator John PASTORE - thinks Congress should stop talking and begin acting. Doesn't think Ullman's plan acceptable for basis of compromise.] [ULLMAN - commends President' cooperativeness. Thinks his plan should be primary basis for agreement.]
REPORTER: No reporter given
(Studio) Later Pastore and Ullman have friendly meeting, but there are problems.
REPORTER: John Chancellor
(Capitol Hill) [John CHANCELLOR - asks if Congress to support President in veto of tariff bill.] House plans to go ahead with veto; believes enough votes available to override President' veto. If House overrides veto, Senator to put veto in Fin. Committee and let it sit there.
REPORTER: Catherine Mackin
#482023
(Studio) In Cambodia, rebel troops fire about 40 more rockets into Phnom Penh and its airport; 7 civilians wounded. Film of yesterday's rocket attack shown.
REPORTER: John Chancellor
(Phnom Penh, Cambodia) Film shows random destruction and death caused by rockets. Communists trying to create climate of terror here and are succeeding. Rocket hits outside motel hsing. most of foreign press covering war
REPORTER: Jack Reynolds
(Studio) Insurgents capture government outpost 7 mile from Phnom Penh. South Vietnam and Thailand preparing to evacuate embassy staff if city falls.
REPORTER: John Chancellor
#482024
(Studio) Representative Paul McCloskey, congress member of fact-finding group recently back from South Vietnam and Cambodia, recommends Congress give Cambodia nearly $117 million for ammunition. McCloskey spking. for majority of congress group.
REPORTER: John Chancellor
#482026
(Studio) Shah of Iran thinks and buys big; representative from Iran in Washington, DC signing agreement to spend $15 billion in United States in next 5 years
REPORTER: John Chancellor
(DC) Agreement described as largest of its kind ever to be signed by 2 cntrys. Secretary of State Henry Kissinger signs for US; financial minute Hushang Ansary signs for Iran. Details of trade agreement outlined. [KISSINGER - says United States doesn't make policy of spreading nuclear technology around, but this was exception.]
REPORTER: Richard Valeriani
#482027
(Studio) OPEC (Organization of Petroleum Exporting Countries) holds summit conference in Algeria. Saudi Arabia's King Faisal not present, however.
REPORTER: John Chancellor
(Algiers, Algeria) Moderate Shah of Iran tries to convince other cntrys. that direct clash with United States and other industrialized nations would be mistake. Shah and King Faisal want to see price of oil linked with exports from consumer nations. Conf. must also decide what to do about new problem of oversupply; demand for oil off due to worldwide recession and conservation measures.
REPORTER: John Palmer
#482028
(Studio) West Berlin political, Peter Lorenz, still with kidnappers, despite fact that kidnappers' demands already met. S Yemen government gives asylum to 5 German anarchists released from prison as part of kidnappers terms. Former mayor of Berlin, Heinrich Albertz, who flew with anarchists, returns to Berlin to fulfill last of terrorists' demands. Albertz appears on live television to announce demands of kidnappers fully met.
REPORTER: John Chancellor
#482029
(Studio) Federal Aviation Administration recommends supersonic transport,Concorde, be allowed to fly into New York City and DC.
REPORTER: John Chancellor
#482031
(Studio) House Democratic leaders to try and push appropriation of almost $6 billion through Congress to help create 2 million jobs. Money would go for programs already authorized by Congress but never funded.
REPORTER: John Chancellor
#482032
(Studio) General Motors, Ford and Chrysler report auto bales in last week of February better than any week so far in `75 model year Chrysler, AMC sales down for entire month of February over last year; General Motors Corporation up 3%; Ford Motors to report tomorrow.
REPORTER: John Chancellor
#482034
(Studio) Senator George McGovern holds hearing in Miami, Florida, on food stamp situation.
REPORTER: John Chancellor
(Miami, Florida) [Food stamp RECIPIENT - says each month there's very long wait to get food stamp allotment.] McGovern thinks delays could be eliminated and program streamlined with simple order from DC. [RECIPIENTS - discuss present food stamp program.] [McGOVERN - thinks hearings point up Agriculture Secretary Earl Butz not doing his job.]
REPORTER: Judy Woodruff
#482035
(Studio) Federal Power Commission recommends removal of all controls on new natural gas.
REPORTER: John Chancellor
#482036
(Studio) Voters of Pasadena, California, vote on whether to recall 3 members of school bd. and elect 2 others. Issue is court-ordered busing for school integration.
REPORTER: John Chancellor
(Pasadena, California) New conservative school challenges busing program but also extends conservatism to classroom. Teachers' organizations upset, so they endorsed slate of liberals and begin recall movement to oust conservatives. [Recall chairperson George Van ALSTINE - says conservatives on school board have caused demoralization of teachers, undercutting supt., etc. Community in-put in decision-making done away with.] [Anti-recall chairperson Gane WIBERG - says board hasn't given in to every teacher demand, so teachers want to take over.] Incumbent board members say things have improved in Pasadena's schools.
REPORTER: Warren Wilson
#482037
(Studio) Ronald Reagan tells United Press International President Ford making too many liberal appts.
REPORTER: John Chancellor
#482039
(Studio) Charlie Chaplin knighted by Queen Elizabeth.
REPORTER: John Chancellor
(London, England) Clips from Chaplin films shown. Chaplin obviously frail, but still spirited. [CHAPLIN - says ceremony very impressive.]
REPORTER: George Montgomery
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