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NEWS SUMMARY October 16, 1971 (Friday newscasts, wires, columns) The major stories of the day: THE PRESIDENT HAS SEEN - - "A signal victory for the Admin" as Japan gives in on textile exports. (Film of Pete Peterson on 2 nets and Ron Ziegler on the other.) - - RN joins thousands in Charlotte to pay tribute to old friend Billy Graham who in turn pays warm tribute to the President. (Excellent CBS lead and film on all nets) -- Formal set-up of Phase 2 (ABC lead) as CLC and Home testing service polls differ on freeze's impact. - - The Cecil B. DeMille production takes place in Iran but behind the ceremony, the VP meets with exiled King Constantine and Haile Selassie -- he'll be returning to the US with a message for RN from the Ethiopian, just back from China. - - Reagan in Saigon again expresses concern over media's treatment of GVN elections, pointing out that George Washington had no opposition -- and there hasn't been an election in NVN for years. **** THE PRESIDENT In his lead- in to Rather's excellent 3 minute IN CHARLOTTE report which led the CBS show, Cronkite re- called the friendship between RN and Graham which has existed ever since '60 when Graham appeared at a rally with RN -- a big break. Then brief but good film of the motorcade and the band and the crowd. Next to the standing- room only Colosseum where both men spoke of the need for moral strength. It had the atmosphere of a combination political rally -- tent revival, said Rather. Then came about a minute of both Graham and RN speaking. Billy told of an RN modest in victory, philosophical in defeat; a Pres. with great moral strength. "I have watched him make many