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OCR Page 1 of 61THE PRESIDENT HAS SEEN
NEWS SUMMARY
February 27, 1973
(Mon. nets, wires, mags)
your
The major stories of the day:
-
ABC led and NBC/CBS w/film also (following lengthy VN reports)
on the Dunlop/Shultz briefing on Ph. 3 wage policy. All nets
and both wires using terms "confusing" and/or "contradictory"
re: Admin statements that guidelines remain same as in Ph.
/2
altho 5.5% figure is not used in policy announcement. Conclusion
one
generally is that there be more flexibility w/more contracts
judged on individual merits. Meany on CBS said he doesn't think
Dunlop really believes the Ph. 2 guidelines still stick such a
stance wouldn't reflect the change in policy which Meany claims
is in order. Pierpoint said Meany had thus "quickly disputed"
this
the Dunlop contention
Nets variously noted: 1) Prime rate
up to 6 1/4 at major banks, some of which Admin. caused to back
down recently and 2) Dow-Jones down another 6 to 953 down
98 since Jan 11, said CBS; 3) VW prices up 7.2%; 4) Gold dropped
as dollar stabilized and 5) NBC noted Flanigan said increased exports
is best answer to payments problem.
CBS said Admin is temporarily backing off dismantling of OEO.
Sevareid commentary on Hill/public (e.g. g. Harris poll) protests over
RN's specific cuts even tho they agree w/the general goals. Eric
used opportunity to hail HHH budgeting bureau for Hill and found it
a welcome result, if unintended, of RN's moves
ABC/CBS noted
Foreign Relations bill conditions further aid on release of impounded
funds.
NVN. announced a !'freeze on POW release til "critical" situation on up
holding ceasefire is cleared up.
-
CBS led w/the disappointing news that more POWs aren't coming out
at week's beginning as expected - tho it's not an explicit violation
of accord. ABC/CBS film of anti-NVN demonstration at Hue's
JMC compound which is felt to be reason for delay for handing
over of list of men to be returned.
NBC lead and ABC/CBS film
from Paris where Cronkite said 1st session couldn't be called a
success. Focus by all nets on US eagerness to get other partie
involved in peace-keeping responsibility and on Canada's threat
to leave whole ICCS operation in 60 days unless some body is set
up to whom it (ICCS) can report. NVN/VC are apparently against
Relations
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