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.
U.S. President Richard Nixon arrives at Tri-City Airport in Saginaw, Michigan. Placards held by a crowd display welcome messages for President Nixon and anti-Nixon protest demonstration messages such as, "Impeach Nixon" and "Jail to the Chief." A large crowd cheers for President Nixon. President Nixon delivers a speech and thanks all present. He says 'We can be thankful for the fact that American is at peace with every country after 12 years'. He says that his administration is working for an increase in automobile sales in Saginaw base which affects the whole of Michigan. Around 3:48 he says the shortage of energy (following the October 1973 OPEC oil embargo) is the main reason for decrease in automobile sales and it affects jobs directly. He speaks about his proposals to the Congress for bringing up the automobile sales and increasing the jobs in Michigan. President Nixon talks about a bill which would deregulate natural gas for the production in Michigan which would make gasoline available which is not available at the present. He addresses automobile emissions standards and the need for clean air and a good environment, but also the need for jobs. He calls for relaxing auto emissions standards to allow more automobile production and more jobs. He speaks about alternative energy sources and natural resources which the United States has and can use, including more coal. He stumps for James Sparling, recommending voters elect him to Congress.
U.S. President Richard Nixon delivers a farewell address at the White House in Washington DC, United States following his resignation. White House staff and Cabinet members listen to a speech given by President Nixon from a podium. Nixon delivers his farewell address. Behind him stands his daughter Julie Nixon Eisenhower and her husband David Eisenhower. He reads out few TR (Theodore Roosevelt) quotes. President Nixon leaves the podium with other members of his family including his wife Pat Nixon, David Eisenhower, Julie Nixon Eisenhower, his daughter Tricia Nixon Cox and her husband Edward Cox. Cabinet and White House staff members applaud as the family moves through the crowd.
U.S. President Richard Nixon delivers a farewell address at the White House in Washington DC, United States following his resignation. White House staff and cabinet members applaud as U.S. First Family enters a room. President Nixon and his family members take position on a podium. Nixon delivers his farewell address. With him stand his family members including his wife Pat Nixon, his son in law David Eisenhower, daughter Julie Nixon Eisenhower, daughter Tricia Nixon Cox and her husband Edward Cox.
U.S. President Richard Nixon delivers a farewell address at the White House in Washington DC, United States following his resignation. President Nixon delivers his farewell speech. With him stand members of his family including his wife Pat Nixon, son in law David Eisenhower, daughter Julie Nixon Eisenhower, daughter Tricia Nixon Cox and her husband and Edward Cox. Cabinet members and White House staff members seated in the foreground. They listen to the speech made by President Nixon.
White House Press Secretary Ronald Ziegler in a press room at the White House in Washington DC, United States reads a statement outlining dismissals of officials (known as Saturday Night Massacre) made by U.S. President Richard Nixon on October 20th , 1973. He says that President Nixon has taken action in which he has fired special prosecutor Archibald Cox in the Watergate Case. It was because of his refusal to comply with instructions given to him through U.S. Attorney General Elliot Richardson. He was not to seek to invoke the judicial process any further to compel production of recordings, notes, or memorandum regarding private Presidential conversations. He says that office of the Watergate Special Prosecution Forces has been abolished and its function will be transferred back to the Department of Justice. Ziegler says that President Nixon sought to avoid a constitutional confrontation by the action he announced on Friday October 19th, 1973 to give the courts the information from the tapes which the President had considered privileged. Further he says that President Nixon's action was accepted by responsible leaders in the Congress and in the country. But special prosecutor Cox's refusal to follow the President's instructions at a time of serious world crisis made it necessary for the President to discharge him. Ziegler says that before taking any action the President met with Richardson to instruct him to dismiss Cox, but Richardson refused to do so. After Richardson submitted his resignation, the President directed Deputy Attorney General William Ruckelshaus to dismiss Cox. When Ruckelshaus refused to carry out President's directive, he also was discharged. President Nixon then directed acting Attorney General Robert Bork to carry out the instructions and Bork fired Cox.
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