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NEWS SUMMARY April 12, 1972 (Tuesday Nets, Wires, Mags, Columns) THE PRESIDENT HAS SEEN The Major Stories of the day: All nets again lead with VN developments with situation seen as stabilized to mildly hopeful for ARVN. Gen. Hollingsworth on 2 nets has high praise for ARVN and confidently talks of routing the NVA. Late Tuesday Saigon claims it repulsed the first major NVA thrust of the offensive to come along the Cambodian border approaching the Delta. Some controversy over what "dynamic defense" means as US combat troops beef up Phu Bai near threatened Hue. Nets only noted briefly Justice's Peterson acknowledging US Atty Steward acted improperly tho not criminally in the San Diego Campaign spending investigation. But NBC made much of Sam Ervin's hard line: Either Peter Flanigan comes to Hill or Sam opposes Kleindienst. The Veep sharply criticizes "anti-intellectual Yahooism" on campuses and among academic societies. Film on 2 nets. The building criticism over tax returns peaked on nets with Brinkley ripping into the complex forms and unfair system as he was accompanied by the song "Ain't We Got Fun. 11 Rough. And ABC had a feature on the virtual impossibility for the average guy of accurately filling out the forms. LBJ has returned to Texas -- Brooke General Hosp for further treatment. Agreement has been reached on the pension dispute which triggered the baseball strike but settlement is held up by failure to agree on compensation for the missed games. Anyway, situation looks brighter. 7/5/74 Copy/given withouthouring to Geoff Shepard, Office of Counsel to the President