Live coverage of a speech by U.S. President Richard Nixon about the economy of the United States. A news correspondent reports that President Nixon's announcement regarding economy includes a 60-day price freeze which is followed by falling value of U.S. dollar in the world market, a record increase in gold prices and an increased cost of living. The South Facade of the White House. President Nixon speaks about economy and summarizes positive points saying that the economy is growing in terms of income and jobs. The President talks about the announcement he made in August 1971 and economic progress achieved after that. He says that prices, especially food prices are going higher unacceptably in present period. He says that faced with the rising inflation he has ordered a 60-day freeze on all retail and wholesale prices except for raw agricultural commodities. The President says that wage freeze will not be implemented till wages remain non-inflationary. He further speaks about putting in effect price controls which will control the factors responsible for increase in prices. He says that he has directed the Cost for Living Council to work towards controlling gasoline prices. President Nixon says the actions he has ordered are designed to deal with the rise in the cost of living without jeopardizing the prosperity of American citizens.
Representatives from the United States, South Vietnam and North Vietnam meet , in Paris, France, to finalize the Peace Accords ending Vietnam hostilities. Principal negotiators are U.S. Secretary of State Henry Kissinger, and North Vietnamese counterpart , Le Duc Tho. The delegates are seated at a large rectangular table, with Henry Kissinger at center of one side and Le Duc tho, at center of opposite side. Other delegates occupy seats adjacent to their respective principals. (Location: Majestic Hotel?) Photographers try to take photographs without being obtrusive. The mood of the meeting appears restrained but pleasant.
U.S. soldiers advance in Okinawa during World War II. Soldiers of U.S. 96th Division, 381st Infantry move through a wooded area. Observers on 'Big Apple Hill' south of Iwa. Shell bursts in the background. A soldier looks through binoculars. Three soldiers advance behind tank.
U.S. Navy 3rd Fleet underway in the Pacific Ocean during World War II. An Essex class carrier underway. An Iowa class BB (battleship) in the background. Aircraft pass over ship. First and second turret of USS South Dakota (BB-57).
U.S. Navy 3rd Fleet ships fires on coastal targets of Kamaishi, Honshu, Japan during World War II. First and second turret guns of USS South Dakota (BB-57) fire at enemy target. USS Massachusetts (BB-59) and USS Indiana (BB-58) underway, fire broadsides on coast of Kamaishi, Honshu. Smoke columns rise from 16 inch shell hits. BB (battleship) squadron retires from Japanese mainland.
U.S. ships under Japanese air attack in the Pacific Theater during World War II. Inside hangar bay of USS Hornet (CV-12). Nose of U.S. Navy F6F Hellcat fighter in the foreground. Two men on stage planting Japanese flags on scoreboard. South Dakota class battleship under Japanese air attack. Japanese planes explode in air. Plane takes off from Hornet.
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