Images (38)
Document
| id |
id
574786869
|
|---|---|
| contentType |
contentType
document
|
| source |
source
import
|
Source image fields (6)
Extracted text
OCR Page 1 of 38THE PRESIDENT HAS SEEN
NEWS SUMMARY
September 8, 1973
(Friday nets, wires, papers)
The major stories of the day:
Largest wholesale price jump in almost 3 decades, began
Cronkite as all nets led w/6-7 minutes on the 5. 8% Aug.
increase (ABC used 6. 2% figure) focusing on the "staggering,"
"whopping" 23% jump in farm products. That's highest since
records began in 1913. Shultz on film on all nets saying worst
is over and that prices peaked while index was being taken.
On ABC film, and noted by CBS/NBC, the Secy. admitted
US got "burned" on Russ grain deal. NBC film took negative
look at 70% hike in grain prices noted by CBS.
CBS film
of pleased farmers and equally indignant consumers over the
unique year in farm prices.
Also noted were CLC actions taken almost simultaneously
w/WPI news: 1) End to beef freeze 3 days early noted by
all nets. (ABC film looked at how supplies are available and
even sometimes at below ceiling prices as situation disproves
the dire predictions a few weeks back from meat industry.
NBC closed w/3 minutes on how to compensate for beef shortage
if you're in Calif fix the ubiquitous garden snails for gourmet
escargots.) 2) Cut in '74 auto price requests of 10-30%, noted
by all; 3) Call on Exxon to justify wholesale price hike noted by
ABC/CBS. ABC/NBC noted Rehnquist refused retailers plea
to get out of controls so, said Chancellor some gas may be
cheaper.
A brighter spot in economy, said NBC, was hardly
any change in unemployment, up slightly to 4. 8% w/no increase
in employment either, thus indicating possible cooling of economy.
Also noted by ABC where Kaplow added there was certainly no
cooling of inflation.
On film on all nets following economic news (also after JDE
plea of innocence on CBS), HAK defended taps as necessary tho
painful and the Cambodian raids. Possible hold on confirmation
unless Comm gets FBI file on taps. HAK returns for more
"grilling" Mon and AG to meet w/Comm Mon. am re: tap info.
CBS included film of HAK on "traumatic events' which have cast
"lengthening shadow¹ over US in world. Whereas we once may
have acted as tho we were too good for world, now we may be
worrying we're not good enough. And HAK pointed out loss of
confidence at home will inevitably be mirrored in US affairs abroad.
Relations
belongs_to