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.
After lenthy period of slates in Korean, the first images appear at TC: 01:52, as camera pans down over ruins at the exterior front of the German Reich Chancellery building in Berlin, Germany. A plaque in German identifies it as the Kanzlei des Führers der NSDAP (Chancellery of the Führer of the Nazi Party). Camera moves through various rooms of the building showing wreckage. In one room a world globe, a table and some broken furniture are shown. Scene changes to an animated map of Europe centered on Germany that depicts the dramatic expansion of German conquest in beginning of World War 2. It then shows further expansion with German invasion of the Soviet Union. From then on It adds a line directed to India (labeled in Russian) and another pointed into North America.The map then sends more lines covering the Continent of Africa and the South and Central America. These represent a plan for world conquest. View of a German three engine twin tail seaplane being launched by a catapult. Closeups of the plane in flight. Scene changes to German paratroopers jumping from a Junkers 52, three engine transport plane. Aerial view from above of the paratroopers leaping from the aircraft and from below as they descend with their chutes billowing out above them. Ground view of them landing on sand in North Africa. German troops on motor cycles, half track personnel carriers ( Sd.Kfz. 250 ) and Panzer III tanks. German Field Marshal Erwin Rommel standing with his staff, directing elements of his Afrika Korps forces in North Africa. Smiling German troops riding in an open Sd.Kfz. 251 (Sonderkraftfahrzeug 251) half-track personnel carrier. A huge explosion and dense black smoke is seen. Then, a German Heinkel HE 111 bomber is seen maneuvering overhead. Brief glimpse from an aircraft strafing an armored vehicle on the ground. Suddenly a submarine's periscope is seen just above the water and a transport ship (or freighter) is seen as through the periscope. Next, inside a German submarine, the Captain lowers his periscope and scene shifts to bow of submarine surfacing and the ship is seen burning and exploding. A torpedo is launched from a surfaced submarine and it strikes a ship creating a huge explosion and fireball.
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.
Allied officers attend a conference in Wilton House, Wilton shortly before D-Day landings during World War II. Group of U.S. and British officers attend a conference at Southern Command (Wilton House). British General Miller at his desk.
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.
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