NBC Nightly News - 1977-10-10
Channel: malgent
Transcript
Language: English (original, YouTube automatic captions)
[0:00] Yeah,
[0:03] >> this is NBC Nightly News with John
[0:06] Chancellor in New York and David
[0:09] Brinkley in Washington.
[0:13] Good evening. When President Carter said
[0:16] during his campaign the tax system was a
[0:18] disgrace to the human race, nobody
[0:20] disagreed with him. Well, now he is
[0:23] planning to ask Congress to make changes
[0:24] to make it something less of a disgrace.
[0:27] and he spent the weekend at Camp David
[0:29] reading piles of papers on tax
[0:31] questions. Here's Judy Woodruff at the
[0:33] White House.
[0:35] >> The president returned to the White
[0:37] House from Camp David late this morning
[0:39] after spending much of the weekend
[0:40] working on his tax reform package. Mr.
[0:43] Carter's advisers have given him some
[0:45] new recommendations in recent weeks
[0:46] because it looks like there may be a
[0:48] slowdown in the economy next year. The
[0:50] president spent more than three hours
[0:52] meeting with his economic adviserss this
[0:54] afternoon. The package they discussed is
[0:57] reported to include up to $22 billion in
[1:00] tax cuts, about onethird of them to go
[1:02] to business. The large business cuts
[1:04] were added after it became increasingly
[1:07] obvious that investors would need some
[1:09] incentive after next year to pump money
[1:11] into the economy. At the same time, the
[1:14] administration is proposing to close
[1:16] some of the loopholes that investors and
[1:18] business people rely on, such as the
[1:20] capital gains benefit. Meanwhile, the
[1:23] administration is reportedly still
[1:24] planning to propose a cut in the tax
[1:26] rate for most individuals. It's also
[1:29] reportedly planning to propose changing
[1:31] the $750 per person tax exemption into a
[1:36] $250 per person tax credit, which would
[1:39] benefit low and middle inome people. The
[1:42] dilemma administration officials face
[1:45] now that they admit they may have to
[1:46] agree to a temporary tax cut next year
[1:49] if the economy doesn't pick up is how to
[1:52] do that without hurting the chances of
[1:54] the overall tax reform package which
[1:57] would be voted on later. It's generally
[1:59] accepted that tax reform is a hard pill
[2:02] for Congress to swallow unless it
[2:04] includes some kind of tax reduction.
[2:07] Judy Woodruff, NBC News, the White
[2:09] House.
[2:11] One of the ideas about tax reform, which
[2:13] many Americans regard as highly
[2:15] revolutionary, is a lessening of the
[2:17] deductibility of an expense account
[2:19] meal. In certain quarters, these meals
[2:21] are regarded as sacred, nothing less.
[2:24] Robert Hager, who put in for expenses on
[2:26] this assignment, has been out checking
[2:28] on reaction.
[2:31] On Wall Street, stock traders are
[2:33] worried along Madison Avenue.
[2:36] Advertising agency people are upset at
[2:39] the expensive 21 club. The owner is
[2:42] predicting economic disaster. All
[2:44] because the Carter administration is
[2:46] talking about restricting the amount of
[2:48] business entertaining companies can
[2:50] write off as a tax deduction. That's
[2:52] seen as a direct threat to one of
[2:54] American business's most cherished
[2:56] institutions, the expense account lunch.
[2:59] Those who eat expense account lunches
[3:01] say they're a legitimate business
[3:02] function.
[3:04] I see people at lunch to extend my
[3:05] working day like I see them in the
[3:06] evening or I see for breakfast or I make
[3:08] my business decisions not based upon my
[3:10] tax position.
[3:12] >> It makes a normal 8 hour day into a
[3:14] 10-hour day under very neutral
[3:16] surroundings.
[3:17] >> But some businessmen admit their lunches
[3:19] are sometimes less than all business. I
[3:22] write some stuff off. If you go out to
[3:24] lunch and you have lunch and you spend
[3:25] about 2 seconds talking about business
[3:27] and the rest of the time talking about
[3:29] uh sports or women or whatever
[3:32] is going at the time. There's so much
[3:36] padding and weedling and hedging going
[3:38] around and all other forms of business.
[3:40] Uh corporations on their own have more
[3:43] shenanigans going on and I think allow
[3:46] us a little our little shenanigans with
[3:48] the expense account.
[3:50] >> I'd miss it. I'd miss it.
[3:51] >> I'd miss it. I I'd lose some weight. I'd
[3:54] lose some weight. No question about it.
[3:57] You would
[3:57] >> I would miss it like hell. Can I say
[3:59] that on the air?
[4:01] >> But a lot of businessmen believe this is
[4:03] a serious matter. They're organizing a
[4:05] big lobbying campaign to preserve
[4:07] business lunches and entertaining.
[4:09] Robert Hager, NBC News, New York.
[4:13] >> If the restaurant owners are right,
[4:15] restrictions on the business lunch would
[4:17] reduce their income and put some of
[4:19] their staffs out of work. So internal
[4:22] revenue would pick up a few dollars on
[4:23] lunches not deducted and lose as much or
[4:27] more in tax collections from restaurants
[4:29] and their staffs.
[4:34] >> Welcome neighbor.
[4:36] >> Hi Mr. Cholesterol here. Nice house
[4:39] warming. I brought some spare ribs,
[4:42] pizza, butter noodles. Hey, Flashman's
[4:45] margarine. It's the only leading
[4:46] margarine made from 100% corn oil. It
[4:49] has no cholesterol. Zero.
[4:51] >> It's high in polyunsaturated and it
[4:53] tastes great.
[4:55] >> Flashman's margarine. Ideal for low
[4:57] cholesterol modified fat diets. 100%
[4:59] corn oil.
[5:00] >> 0% cholesterol.
[5:06] >> Behind the great name. Great cars. The
[5:09] 1978 Devilles. Spacious and luxurious
[5:13] yet engineered for today's world. Agile,
[5:16] responsive.
[5:17] The 1978 El Dorado with frontwheel drive
[5:20] and a flare all its own. Seville by
[5:24] Cadillac. Internationally acclaimed
[5:26] behind the great name. Great cars.
[5:29] Cadillac 1978.
[5:42] >> Little did Mildred realize. Now you can
[5:45] listen to your favorite TV programs on a
[5:48] radio. G's FMA digital clock radio with
[5:51] TV sound.
[5:52] >> Taxes are up more.
[5:53] >> You can also listen to TV programs on
[5:56] GE's sevenb portable radio with TV
[5:58] sound.
[6:02] >> In fact, you can hear your favorite TV
[6:05] programs on five GE radios. TV band
[6:08] radios from General Electric.
[6:12] It was reported today that a quiet
[6:14] informal deal has been struck by the
[6:16] United States and Israel. The United
[6:18] States won't criticize any new Israeli
[6:20] settlements in the occupied West Bank
[6:22] area, and the new Israeli government
[6:25] will restrain itself in authorizing new
[6:27] settlements beyond those already
[6:29] approved by the former Rabine
[6:30] government. Syria said today it would
[6:33] boycott a Geneva conference if the
[6:35] Palestine Liberation Organization is not
[6:37] there. Israeli Foreign Minister Mosha
[6:39] Diane at the UN said some low-level PLO
[6:42] members would be allowed. Richard Hunt
[6:45] has more on what Diane did today.
[6:48] >> Good morning.
[6:48] >> Diane said Israel would not even discuss
[6:50] the question of a Palestinian homeland
[6:53] because it was not mentioned in UN
[6:54] resolution 242 which is the framework
[6:56] for a Geneva conference. We do not take
[6:59] the Palestinians as a future coming
[7:03] state and we are going to Geneva along
[7:08] the basis of two for two and two for two
[7:11] only just that there's nothing
[7:14] whatsoever in the two for two about the
[7:17] Palestinians
[7:19] in any way that can really include in
[7:22] Geneva anything that eventually will get
[7:25] to self-determination and we should not
[7:28] accepted.
[7:29] >> The Israelis also issued a statement
[7:31] read by Mayor Rosen, a legal adviser to
[7:33] Diane, setting forth Israel's conditions
[7:36] for any peace treaty to be negotiated at
[7:38] Geneva. There were four main points.
[7:42] The security of Israel must be ensured,
[7:44] but the statement did not define what
[7:46] the frontiers should be.
[7:48] Israel must be guaranteed freedom for
[7:50] its ships to sail on all international
[7:52] waterways, meaning the Suez Canal and
[7:55] the Straight of Thran leading to
[7:56] Israel's southern coast.
[7:58] Israel's water sources must be secured.
[8:01] That refers to the headarters of the
[8:03] Jordan River, which arise in Lebanon and
[8:05] Syria. Israelis and Palestinians must be
[8:08] guaranteed equal rights and full
[8:10] coexistence in the Gaza Strip and the
[8:11] West Bank, which again rules out a
[8:14] homeland there for the Palestinians.
[8:16] Arab diplomats will not comment publicly
[8:18] until they see the text. Privately, they
[8:21] said Dian's terms might not prevent the
[8:23] convening of a conference at Geneva, but
[8:25] would make it difficult to achieve peace
[8:27] there. Richard Hunt, NBC News, United
[8:30] Nations.
[8:33] >> Hearings on the Panama Canal Treaty
[8:35] continued today with three retired
[8:37] military men testifying, two in favor of
[8:40] the treaty and one against.
[8:42] The machinists union went on strike
[8:45] against Boeing and Lockheed plants on
[8:47] the west coast demanding more money.
[8:50] Here's Roy Neil.
[8:52] Lockheed manufactures Navy patrol
[8:54] planes, commercial jetliners, and
[8:56] missiles at three plants in California.
[8:59] Those plants were virtually shut down
[9:00] when the machinists walked off the job
[9:03] in a dispute over wages and seniority.
[9:06] Negotiations broke off last week, and no
[9:08] new date has been set for talks to
[9:10] resume. A company spokesman said that
[9:13] all three plants will remain open, but
[9:15] admitted that production has been
[9:17] delayed.
[9:19] Almost 15,000 aerospace workers went on
[9:21] strike at the Lockheed plants in
[9:23] California today. A week ago, more than
[9:25] 20,000 went out at Boeing in Seattle.
[9:29] There, the dispute is mainly over money.
[9:31] Federal mediators have been trying to
[9:33] get labor and management back to the
[9:35] bargaining table, but so far they've
[9:36] been unsuccessful.
[9:38] Boeing is the largest employer in
[9:40] Seattle. The impact of the strike is
[9:42] expected to hurt the local economy if it
[9:45] lasts much longer. And right now,
[9:47] there's no end in sight. Roy Neil, NBC
[9:50] News.
[9:52] The US patent office finally decided who
[9:55] invented the laser or one type of laser,
[9:57] and the inventor is about to get a
[10:00] patent, which means to him money. Robert
[10:04] Bazelle.
[10:05] Gordon Gould has been puttering in
[10:07] laboratories without much reward most of
[10:10] his life.
[10:11] >> From childhood practically, I knew I
[10:14] wanted to be an inventor.
[10:15] >> But after years of struggle, Gordon
[10:17] Gould has struck it rich
[10:20] because of lasers, concentrated beams of
[10:23] light that have thousands of uses in
[10:25] defense, in medicine, even for cutting
[10:28] clothes in a garment factory. Gould says
[10:31] he invented one of the major types of
[10:33] lasers 20 years ago. Tomorrow, Gould
[10:36] will get a patent entitling him to
[10:39] collect royalties from all the companies
[10:41] making that type of laser. It could be
[10:43] worth millions.
[10:45] >> I actually thought of the way in which
[10:49] to make a laser work in a kind of a
[10:52] flash of intuition in November of 1957.
[10:56] and I wrote it all down in a notebook
[10:59] in one weekend.
[11:01] >> It was that notebook that finally
[11:02] convinced the patent office after years
[11:05] of arguments that Gould was the first to
[11:07] get the idea.
[11:09] >> Actually, the proof that this was
[11:11] actually written back in 1957 was this
[11:14] notary public signature, Jack Pool. No
[11:18] relation. He happened to run a candy
[11:20] store down the block from where I was
[11:22] living with my wife at the time. And so
[11:25] as soon as that weekend was over, I
[11:27] rushed over and got him to notoriize it.
[11:29] >> Are you going to become wealthier
[11:31] because of this?
[11:32] >> It looks like I am. I never imagined it
[11:35] would actually happen.
[11:37] >> Robert Bazelle, NBC News, Gathersburg,
[11:40] Maryland.
[11:41] >> Fact.
[11:42] >> A Senate subcommittee said today that
[11:44] the administration has underestimated
[11:46] the amount of help the government can
[11:48] give this year if there's a hard winter.
[11:50] The Department of Energy believes it can
[11:52] make up about 60% of the possible fuel
[11:55] shortages in the next few months, but
[11:57] the subcommittee says the federal
[11:58] government in its view won't be able to
[12:00] help very much. And in Kansas City,
[12:03] Missouri today, some painful memories. A
[12:05] month ago, the city was hit by a
[12:07] terrible flood. Mike Jackson went back
[12:10] for a later look.
[12:12] The Kansas City flood killed 25 people,
[12:15] did millions of dollars in damage. It
[12:18] was a disaster experts say can happen
[12:20] only once every 500 years.
[12:24] The big flood came four weeks ago
[12:26] tonight and it was raining again today
[12:28] in Kansas City. Nobody will ever forget
[12:31] the flood, but few people are
[12:32] preoccupied with it because most of them
[12:34] are too busy trying to bring their lives
[12:36] back to normal.
[12:39] >> Getting back to normal seemed impossible
[12:41] a month ago for Francis Peransson. Her
[12:43] curio shop was filled with mud and
[12:45] debris.
[12:47] Even she was surprised she was able to
[12:49] open the doors today and begin selling
[12:52] again.
[12:53] >> Well, yeah. I guess it looks a lot
[12:55] better than it did, but we've got a long
[12:57] ways to go. We've worked with day and
[12:59] night trying to get this far and uh I
[13:03] don't know if we'll I'm sure we'll make
[13:04] it if we got this far.
[13:06] >> Like Francis Bertson, most of the
[13:08] merchants here are spending a lot of
[13:10] their own money, hoping to get back on
[13:12] their feet for the Christmas season.
[13:14] The city is spending money too for
[13:17] bridge and street repairs, even though
[13:19] officials are not yet certain how much
[13:20] of that expense will be paid back by
[13:22] federal disaster funds.
[13:25] Mike Jackson, NBC News, Kansas City.
[13:29] Vladimir Kovaleon and Valerie Ryuman are
[13:32] on their way home from space, the latest
[13:34] victims of a jinx which has haunted the
[13:36] Soviet space program for years. They
[13:38] were unable to dock with their space
[13:40] station and they may land on Earth
[13:41] sometime tonight.
[13:44] The Nobel Peace Prize for 1977 was
[13:46] awarded today to Amnesty International,
[13:49] founded in London some years ago and
[13:51] today the world's largest organization
[13:53] devoted to human rights members in 78
[13:56] countries. And in a delayed award, the
[13:59] 1976 peace prize went to Marade Coran
[14:02] and Betty Williams crusaders for peace
[14:04] in Northern Ireland. Paul Cunningham has
[14:07] more on that.
[14:10] Since their crusade began 14 months ago,
[14:13] the two women have been threatened with
[14:14] death and they've been clawed, kicked,
[14:16] and beaten by those who oppose their
[14:18] efforts to bring peace to Northern
[14:20] Ireland.
[14:22] And though the killing there continues
[14:24] with the latest only two days ago,
[14:28] Mrs. Betty Williams and Marray Corrian
[14:30] have seen thousands of supporters around
[14:32] the world rally to their movement and
[14:34] message that the violence in Northern
[14:36] Ireland has achieved nothing. With the
[14:39] Nobel Prize money, they hope to finance
[14:41] projects aimed at fostering friendship
[14:43] between Catholic and Protestant
[14:45] children. And here is how they took the
[14:47] news of the award. I wasn't looking for
[14:50] a Nobel Peace Prize when I stood up and
[14:52] sort of said what I believed to be
[14:54] right, that the war in Northern Ireland
[14:56] was a war of insanity and that people
[14:58] were dying for no same reason.
[15:00] >> I accept the prize on behalf of people
[15:03] who are involved in the struggle of
[15:05] nonviolence for peace and justice in our
[15:08] whole world.
[15:10] I just feel very very humbled that I
[15:13] have received this prize and I'm sure it
[15:15] should have gone to lots of other
[15:16] people.
[15:19] Paul Cunningham, NBC News, London.
[15:23] >> In a moment, our segment three this
[15:25] evening will be a careful look at the
[15:26] discord in Northern Ireland and why it's
[15:29] not likely to end very soon.
[15:34] >> Are you an overdoer?
[15:36] >> If I don't do it, who will?
[15:38] >> Someone who occasionally gets an
[15:40] overdoer's backachche.
[15:43] >> Well, that does it for today.
[15:46] You should try Don's pills. Dones
[15:48] contains a medically proven painkilling
[15:50] ingredient that relieves backachche pain
[15:52] and strained muscles for hours. So if
[15:54] you're an overdoer,
[15:56] >> be careful, honey.
[15:58] >> Remember Don's pills. Dones. It takes
[16:01] the ache out of backachche.
[16:04] >> Hi, I'm Joe Amit. When you want to play
[16:05] like a pro, you need the right
[16:07] equipment. And when you want to fry like
[16:08] a pro, you need the right equipment,
[16:10] too. Like the Fry All Deep Fryer from
[16:12] Hamilton Beach. Its compact square shape
[16:14] lets you deep fry chicken fast, deep fry
[16:17] shrimp fast, deep fry onions fast, deep
[16:19] fry potatoes crunchy fast. It even
[16:21] grills, cooks, and boils. The fry all.
[16:23] It cooks and fries anything at all.
[16:25] >> And for juicy burgers, there's a little
[16:27] Mac and a double mac.
[16:29] >> All great gifts from Hamilton Beach
[16:31] World of Appliances.
[16:42] Highway light poles can be treacherous,
[16:45] especially if they stop your car dead on
[16:48] impact. That's why Alcoa helped develop
[16:50] this special aluminum light pole system
[16:53] that breaks away on impact. The aluminum
[16:55] pole takes the beating instead of you.
[16:58] Breakaway aluminum poles are out there
[17:00] saving lives right now.
[17:11] As reported, the Nobel Peace Prize was
[17:13] awarded today to two women in Northern
[17:15] Ireland who have organized a peace
[17:17] movement. They have not fully succeeded,
[17:19] but they are trying. They have not fully
[17:22] succeeded because the causes of the
[17:24] fighting and killing between Protestant
[17:26] and Catholic have not been removed. For
[17:28] our segment three this evening, here's
[17:30] Garrick Utley with a report.
[17:34] Their
[17:37] ancestors came from Scotland more than
[17:39] 350 years ago. They brought their music
[17:43] and their Protestant religion.
[17:47] At a bend in the Foil River, they
[17:49] established a colony. The place's Irish
[17:51] name was Derry. The settlers renamed it
[17:54] London Derry.
[17:56] When the Protestants arrived here, they
[17:58] occupied the high ground and built a
[18:00] fortified city. Some of the original
[18:02] walls are still standing. The Catholics
[18:04] though were forced to live down here
[18:06] outside the walls in a swampy area known
[18:10] as the bog side. And more than three and
[18:12] a half centuries later, they're still
[18:14] there.
[18:16] It was here that the current violence in
[18:18] Northern Ireland exploded in 1969.
[18:21] It was here in 1972 that 14 Catholics
[18:25] were shot dead by British troops on
[18:27] Bloody Sunday.
[18:31] It is here that Irish resistance to
[18:33] British rule is as strong as ever.
[18:36] Eileen Simple lives in the bogside. Like
[18:39] so many Catholics and Protestants, she
[18:42] is tired of the violence.
[18:45] >> She organizes meetings with other women
[18:48] where the mood is one of despair.
[18:51] >> My children when they go out, I'm afraid
[18:54] all the time for
[18:55] >> I'm waiting on them to come in all the
[18:57] time. You're under strain all the time.
[18:59] You feel nervous at night and when you
[19:02] hear shooting and things like that, your
[19:04] heart just t goes bum bump and then
[19:14] it is violence like this which causes
[19:16] the war weariness.
[19:19] The British government claims the IRA is
[19:21] losing support among Catholics. The
[19:24] number of terrorist incidents against
[19:25] civilians has gone down, but attacks
[19:28] against soldiers and police, the symbols
[19:30] of British rule, have increased.
[19:41] >> The division in Northern Ireland is felt
[19:44] not only in the streets, but also in its
[19:46] churches.
[19:48] >> At St. Eugene's Cathedral in London.
[19:54] >> Blessed be you, Lord, God of all
[19:56] creation. Through your
[19:57] >> The Catholic Church condemns the IRA's
[19:59] violence, but it strongly supports Irish
[20:02] Catholic aspirations that the British
[20:04] government will one day get out of
[20:06] Northern Ireland.
[20:11] On the other side of Londereerry, the
[20:13] members of the Eberington Presbyterian
[20:14] Church worship in their way.
[20:27] something of Jesus.
[20:29] >> The Reverend William Adley condemns the
[20:32] violence, but he understands the fears
[20:34] of his congregation.
[20:37] >> They're frightened of uh being absorbed
[20:41] into a a Catholic state.
[20:45] um they fear a sellout by the British or
[20:48] perhaps the English.
[20:51] >> It is fear and tradition which keep
[20:53] Protestants and Catholics apart. After
[20:56] three and a half centuries, there is
[20:57] still little mingling, little
[20:59] intermarriage.
[21:02] When the Protestants held their annual
[21:04] parade in London recently, they put on a
[21:06] display of confidence.
[21:10] They feel the IRA is growing weaker that
[21:12] therefore they the majority are
[21:15] stronger.
[21:17] So why they ask should they compromise
[21:20] now share political power with
[21:22] Catholics? It is the attitude which
[21:24] started the trouble in the first place.
[21:27] An attitude Catholics will not accept.
[21:31] >> The point is it isn't that we want to
[21:34] fight we have to fight. The mood of the
[21:38] people is that they want peace. They are
[21:40] warweary. We've been fighting from 1969.
[21:43] We want peace. We want it more than
[21:45] anyone. But we realize that true peace
[21:49] can only come with continuing this war.
[21:53] >> I baptize you in the name of the father
[21:55] and the son and the holy spirit.
[21:57] >> In the end, Protestants and Catholics
[22:00] here want peace, but each side wants it
[22:02] on its terms. So there is no prospect of
[22:06] peace.
[22:07] Prejudice on both sides has been passed
[22:10] down through too many generations.
[22:14] Eric Utley, NBC News, London.
[22:20] >> I really enjoy my family because I don't
[22:23] neglect myself.
[22:24] >> We try to enjoy life. I've never been
[22:27] happier. To be good at anything, you got
[22:30] to be good to yourself. So, I eat right,
[22:33] exercise, and to make sure I get enough
[22:35] iron and vitamins, I take Geratl.
[22:38] >> Geratl, more than twice the iron of any
[22:40] ordinary supplement, and some very
[22:42] important vitamins. Take a look at
[22:44] people who take Geratl.
[22:47] Geratl everyday.
[22:50] These Atlas tires look identical. They
[22:52] both meet federal standards for strength
[22:54] and endurance, but we're removing our
[22:55] name from this one. Why? because it's
[22:57] not good enough to meet additional Atlas
[22:59] standards for smooth ride and long-term
[23:01] reliability. In fact, these Atlas
[23:03] standards are among the highest in the
[23:05] tire industry. So, when you see the name
[23:06] Atlas on tires, you can be sure they're
[23:08] top quality, and that means real value.
[23:11] Look for them at a service station in
[23:13] your neighborhood. Long mileage Atlas
[23:15] tires.
[23:26] Are you a denture wearer?
[23:27] >> Yes, I am.
[23:28] >> Do you use extra strength effort?
[23:29] >> No, I don't.
[23:30] >> Will you try effortant on this denture
[23:32] material badly stained with blueberry?
[23:34] >> Okay. It's horrible. The blueberry
[23:37] stains in between are unsightly and and
[23:39] just terrible looking.
[23:40] >> Watch effort with five cleaning
[23:42] ingredients attack stubborn blueberry
[23:43] stains. In minutes, the stains are gone.
[23:46] >> I'm really surprised the stains are
[23:48] completely gone from in between. I'm
[23:50] going to switch to effort.
[23:52] >> Extra strength effort removes even
[23:53] stubborn stains between teeth in
[23:55] minutes.
[23:57] >> Briefly in the news today in Washington,
[23:59] word that Judge Frank Johnson, the
[24:01] president's choice to be the director of
[24:02] the FBI, suffered a relapse today from
[24:05] recent surgery and will have to stay in
[24:07] bed for several weeks. There's been a
[24:09] bad train wreck in India. The Kolkata
[24:11] New Delhi Express hit another train and
[24:14] as many as 61 people are dead. In Rome
[24:17] today, the steel producers of the common
[24:19] market were talking about a voluntary
[24:21] restriction of steel sales in the United
[24:23] States if the Japanese would do the
[24:26] same. Both European and Japanese steel
[24:28] makers have been accused of dumping on
[24:30] the American market. And in Washington,
[24:32] a surprise, the Postal Service says it
[24:35] may be in the black in fiscal 1979 for
[24:38] the first time since it was formed in
[24:40] 1971. David,
[24:43] >> it may not be hot air balloon week where
[24:46] you live, but it's hot air balloon week
[24:48] in Albuquerque, New Mexico, and there
[24:50] it's a big deal. Big and happy and
[24:53] beautiful. Jack Perkins is there looking
[24:55] at it.
[24:57] There was a glorious spectacle scene
[24:59] here that has never been seen by anyone
[25:02] anywhere else. But then this is
[25:04] Albuquerque, New Mexico, where they take
[25:08] hot air balloons seriously. paint them
[25:10] on the sides of their buildings or
[25:13] design their buildings to look like
[25:14] them. Where they sell hot air balloon
[25:17] badges, patches, t-shirts, jackets, and
[25:22] license plates declaring this the hot
[25:24] air balloon capital of the world.
[25:29] Of the world.
[25:31] Well, there are more hot air balloons in
[25:33] America than anywhere else. There are
[25:36] more hot air balloons in Albuquerque
[25:37] than any city in America.
[25:40] And this week, hot air balloon fiesta
[25:43] week. There are more balloons here than
[25:45] have ever been anywhere.
[25:49] 200
[25:52] from the ground. It's beautiful.
[25:55] From the balloon, floating along,
[25:59] picking leaves off treetops,
[26:01] having people stand on their roofs to
[26:04] greet you or bike along to chase you.
[26:08] It's important and the people are so
[26:11] friendly.
[26:12] And isn't that the greatest part of
[26:14] ballooning? That people are interested
[26:17] in you.
[26:19] If you had been ballooning for 7 years
[26:21] and were asked to describe it, could
[26:24] you?
[26:26] >> No. I've been trying to do that for
[26:27] about 7 years now and I haven't been
[26:29] able to do it. It's it's quiet and
[26:32] you're drifting with the wind and it's a
[26:34] free spirit sort of sensation. I don't
[26:36] know how else to describe it. It's just
[26:38] uh it's neat to see the kids down here
[26:43] and the grown-ups up there. One is
[26:46] reminded the only difference between men
[26:48] and boys is measured simply by the size
[26:52] of their toys.
[26:54] Jack Perkins, NBC News, Albuquerque, New
[26:58] Mexico.
[27:00] >> Thank you. And good night from
[27:01] Washington. And from New York to you
[27:04] all, good night for NBC News.
[27:10] >> On the drawing board, it started as a
[27:12] lot of good ideas. On the road, it's a
[27:14] lot of practical car. Old's new Cutless
[27:17] Salon. One idea was more comfort, so we
[27:19] added more head and leg room than last
[27:21] year. Another was smooth ride and
[27:23] response. So, Olds's redesigned the
[27:25] chassis and suspension. Even EPA mileage
[27:28] estimates are now 29 highway, 20 city.
[27:31] Old's new Cutler Salon is more than mere
[27:33] practicality. It's a car full of new
[27:36] ideas. Can we build one for you?
[27:40] >> Litten announces the biggest cooking
[27:42] breakthrough since microwave. The Litten
[27:44] Mealin1 microwave oven. Its secret is a
[27:48] unique cooking system that lets you cook
[27:50] a complete meal. One, two, three foods
[27:55] all at the same time. And it has a solid
[27:57] state memory so you can just touch and
[27:59] cook fast and simple. The new Litten
[28:02] Mealin One microwave oven. Another
[28:05] reason why Litten is changing the way
[28:07] America cooks.
[28:23] A cruise ship races with death when
[28:25] there's a mysterious killer on board.
[28:27] They're dead. They're a matter of the
[28:30] ship and they're dead.
[28:32] >> Patty Duke Aaston, Claude Akens, George
[28:34] Hamilton, Frank Converse, and Susan
[28:36] Howard dying one at a time. Killer on
[28:39] board tonight at 9 8 Central and
[28:41] Mountain right after a brand new laugh
[28:43] special.
[28:46] No, no, no, no, no, no, no.
[28:49] >> When you're watching your weight, too
[28:50] much of even a good thing can be a No,
[28:52] no.