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Irving R Levine and Paul Duke report and discuss the proposals stated by U.S. President on economic problems.
News analysis following Richard Nixon's speech on economy crisis from Washington DC, United States. Reporter discusses the speech with journalists Irving R. Levine and Paul Duke. Group reviews the proposal of President Nixon to end unemployment and economy crisis. The proposals to end unemployment by Nixon are 90 day wage-price freeze, additional action on wages and prices, temporary suspension of full convertibility of dollar into gold (later called the "Nixon shock"), investment of tax credit, temporary surcharge of 10% imports, repeal of excise tax on automobiles, speeding of personal tax exemption to get more money in pocket and reduction of federal expenditure. Journalists Irving and Paul Duke also question why the President made the proposal now when the graph of dollar and unemployment begins to fall after sitting on President's seat for two years.
U.S. President Richard Nixon responds to journalists' questions about the investigation responsibility for the Watergate tapes.
U.S. President Richard Nixon talks about the Watergate tapes during a press conference in San Clemente, California. A journalist asks the President regarding the person in charge of the Watergate investigation in June 1972 when the Watergate incident took place, and March 21 when the president got the evidence. The president responds that in June the responsibility of investigation was given to Jeb Magreder who was the new Chairman of the Committee. Magreder and his associates had assured president of a thorough and fair investigation. In the White House, the investigation responsibility was given to John Ehrlichman, Counsel to the President, who in turn had delegated it to John Dean, a White House Counsel. But Dean himself was involved in the investigation of the White House staff by the FBI (Federal Bureau of Investigation). Dean was to report to the President which was then carried on by Dean. The President sates that he has also met Haldeman, John Dean and Ehrlichman to discuss the matter and to get the truth out. Another journalist seeks an explanation for the President not asking Attorney General John Newton Mitchell the truth. The President clarifies that he did have confidence in Mitchell and asked him for details about the conversations. The President states that Mitchell did not tells him the truth and had his own reasons for doing so.
U.S. President Richard Nixon address' s the American citizens on the nation's economy in Washington, D.C.
News correspondent covers the President's address on the nation's economy in Washington, D.C. From the White House office the President shares his thoughts with the citizens upon the country's economy. He talks about the 3 subjects of public interest- the job, income and cost of living. He briefly talks about the problems that the nation is facing and the reasons behind them. He introduces the program which deals with these problems. The first step involves the recognition of problem. There exists a transition between the peacetime economy and a wartime economy. Labors and the businessmen prefers the peacetime economy. He states that his government takes the responsibility to cut down the expenditure in order to strongly restrain current economy, this would in turn raises the price gradually and thus not affect the businessmen, common men and industry badly. They have also decreased the Federal spending as per the previous years figures and will do the same in coming years as well. He talks about his actions against the inflation. They include- to appoint the National Committee on productivity to check how well the resources are being used, has instructed the Counsel of economic advisers to prepare a periodic inflation alert, establishment of purchasing and review board to review all the government actions. The President briefly talks about the actions he will take and those which he wont take. He states that at this time the Congress and the President should co-operate each other on the common welfare programs. He requests the Congress to help him by passing the legislation related with people's job and cost of living and to act on the one which have been already submitted to it by the President. He asks the Congress to join him on the way of cutting down the government spending. He also talks upon the significant happenings taking place in the American economy. The President believes that in the next 5 years the American consumer will be able to buy 20% more than what he does today.
U.S. President Richard Nixon's speech on the Watergate incident in Washington DC.
U.S. President Richard Nixon's speech on the Watergate scandal in Washington DC. The White House in Washington DC. President Nixon in his office. The President speaks about the charges against his administrative officials and top-aides members on their involvement in the Watergate issue. He learns that his re-election committee members were also blamed. He orders for investigation and charges are put against 7 defendants. He also receives continuous assurance regarding the non-involvement of any White House official in the issue. The President does not receive any information on the possibility of some charges being correct. He orders the investigating officers to report to him directly. He orders his officials to co-operate with the FBI (Federal Bureau of Investigation), the prosecutor and the grand jury and also to testify before Senate committee. He accepts the resignation of Haldeman and Ehrlichman. The President finds this step being essential in guarding the nation's integrity and to restore public confidence in their President. He states the appointment of new Attorney General and discusses the additional responsibility he has given to him. The President assures citizens of a fair justice.
U.S. President Richard Nixon's speech on the Watergate scandal in Washington DC.
U.S. President Richard Nixon addresses U.S. citizens on the Watergate scandal in Washington, DC. The President questions upon the occurrence of the Watergate scandal and whom should one blame. He finds 1972 as the year of crucially important decisions, of intense negotiations and of new directions in achieving goals for bringing peace to United States. He states that the Presidency stands before politics. He has limited his appearances in campaigns. He believes that the culprits must bear the liability and pay the penalty. He finds it cowardly to blame his sub-ordinates, to whom he had delegated the responsibility, for the improper actions that took place within his campaign organization. Instead he accepts all the charges as he believes that the man at the top of an organization is the one who is responsible for all. The President takes a pledge to ensure a fair justice in the Watergate scandal.
U.S. President Nixon talks about one of his goal during his speech on the Watergate issue in Washington DC.
U.S. President Richard Nixon discusses his future goals regarding politics during a speech on the Watergate scandal in Washington DC. The President states that he has been in public life for more than 25 years. Politics, like any other calling, has both good and bad people. He mentions that majority of people in the Congress, the Federal Government and the state government are good. He believes that easy for people to fall in to shady tactics under the intense pressure of campaign. Both great parties are also guilty of these tactics in the past. He states that America, in its political campaign, must not fall again in such shady tactics. He urges both political party leaders and citizens to work upon new roles and procedures to ensure that the future elections would be free of such abuse. He states that this is his goal but he wants to make it America's goal.
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