CA P ITOL H ILL St t'm ht r l." . 19il .\likt n·,,1111, · P r s i d e n I .\' i x o n " ·I d r • s s I d ,1 I o i ,, I s t s s I o ,, o r C o ,, I{ r t s ·'- - a ,, d t h e " a t i o ,, - t o d a ,. . s p e I , ; ,, I{ o ,, I m > r e o , h Is ,, e u· e co n omic p olicv. " I c o m e b ~ f o r · I h i s J o i ,, t s e s s i o ,, " - h e s a id - " lo ask th e c oop er at io 11 of th e C o n . gress i n a c h let· in g a great g oal : A neu· prosperit y u, ; tho11t u·a r o r i,i / lalion . '' A11d tire / i rs t s I e p in a c h i e t' i n g I h a t go a l - th e Pre s id e " t u• en t on - is speed y enactm e nt o f his ne11: e c on o mic pro g ram : i ncluding an e n d t o th e s e " e " p er c e n t ex c is e tax on a II to m o b ii e s - a n e "' b u s i" e s s in t' e s t n, e n t tax c red it - a ,, d a s p e e d - u r, in r, er s o ,a . a I in c mn e tax credits ; a ll c o ,n b in e d with th e II t ,n o s t - in Fed Br al Budget restraint. Next stet, - said the President . The establishment of an e/fectir,e system of ulaKie and price stabilization - after the ext,iration of the t,rese11t wage-t,rice f reeze; a f reeze that "will 1101 be extended" - he said, addi,ig that "u,age and Price st . abilizatio,i - whatever form it takes - m11st be only a way- station on the road to free markets and f ree collective bargainiHg. " CA PITOL HILL - 2 T II e P re s I d e n t f u rt h e r s c t " s Ion g - r ll n g e ob j e c ti ,, es - " a n e c o II o m y I h a I w it h i n I e " y e a rs w i II p r o ,, id e on e h 11 11 d r e d m i II i on j o b s ; " a s c o m pa r e d u 1 i th I h e p I s e n t - e i g h t y m i ll i o,, o r s o ; a l s o , " " e u, P r o gr a m s to en s II re th a t A me r i ca 's e n o rm o us wealth o f scien tif ic and te c hnological talent - is used to its f ullest ; " both o f which he pledged to co v er i n new proposals - in the next sess i on o f Congress . Fin ally , the Pres id en t ass er t e d that our g Io b al trading partners - mus I begin to assume a greater bu'Tden of free world defense, or worldwide economic assistance , of playing the game "on an equal basis ; " for "the time has come" - he said - "to give a new attention to America's own interests . " And there - it should be noted - he was interrupted by his loudest, longest appla11se , In conclusion, said the President "America can be true to hersel f - onl y when she is e,igaged in a great enterprise . To build a f 11ll g eneration o f peace - to help the poor and to f eed the hungr y - to pro v ide better healtl1 a11d hollsing and CAPITOL HILL - 3 a II d e ti II c " I i o 11 - I o c I e " 11 ,, /) / h e e ,, ,, ; r o n ,,, P n t - I o b r i " g n e u· dig 11 i I y a ,, d s e c II r i t y t o I I, e a g i "g - t o g u ,, r a n t e e e q" a I opp or t 11 ,, ii y f o r e v er y A m e r i can - a II th es e are gr ea t e n t e rprlses. Bui to build the economy Iha/ makes all these possible - this trul y is a great enterprise; an enterprise worthy of our sacrifice - worthy o f our cooperation - and worthy of the greatness of a great people." So said the President. DIVIDENDS Three corporations have agreed to roll back announced dividend increases in keeping toitlr Pr,< • sident Nixon's wage- r,rice freeze, but a fourth - Florida Telet,hone Cort,oration ltas refused, accordi11g to Treasury Secretary Co,.,rally. Sf>ealtlJtg in beltalf of tire Cost of Livi,rg CouJtcll, ••le• lie lleads, Co,a,rally said it was "dislrearte . 11iJ1g to ext>erience t1,1, de,,,011,tratio,a of t·ecalCJtrartce, f>articularly fro,,. a 1) ■ 6Uc · "'""'·" Dlvide,ads are 1101 covered by tlle freeae, but t•e gover,a,ne,at lras aslted · cort,oratlorts volt,,.tarily to lteet, t•e"' at f>rtt-free~e levels. ROGERS FOLLOW CAPITOL HILL E l sewher e in Washingto,i - Secretar y of State William Rogers was meeting today with a Japanese trade mission; and there - he, too, was laying it on the line ; telling the Japanese that "we seek as priority measures - a major realig•ment of tl1e dollar against otl,er curre•cies , includi•g th e y en , in order to es ta bl is I, a re a li s Ii c ex c II an ge rate ; " al• o, "tlae elimination of re ma in ing Jnpanes e imt,ort res tric tlo•• - especially on Hem . s of trade intere•t to tl1e U•ited States." Rogers added tlaat a,ay cou•try witla a cllro•lc trade sart,lus - sucla as Jal'aJt - must "take tlae Jtecessary steps to brlrtg its global bala,ece of paymertts i•to equilibrium." Tlte Jat,anese trade missio•, laeaded by tlteir foreig• miJtister, was not lta(J(Jy witlt Roge?'s speech. PARIS At the Peace table in Paris - for the first lime in ,n on I Ir s - a t I ea s I a s e m blanc e of m ,,t ,,. a I g i v e - and - ta I, e today . William Porter - making Ir.is first start for tire U.S. - called for secret talks iJ1cl11ding all four sides; tlle better to breall tlle present deadlock - said lae . Hanoi's Xua ■ , Tlu,y tla•,a t,rot,osed t"'o-sided secret talks - between tlae U . S . aJ1d Nortlt Viell,am; tlte 1,etter to claf'ify Ra,eoi 's rece,et aeve11-t,oh1I peace plan - s a id la e ; to II e,,, e II fJ on it .,, as o 11,,. tu r n - to say ,. o. Porter later summed it all up - telli,eg Yet,ortef'•: "You •iglat say - today I s,iiffed tlae at•ost,laere a little - a,d fou,ad it a little co•t,licated." ROISSY 111 lhe French village of Roissy - a milestone today in oviation history. The French dedicated a new landing strip - the first in the world, as far we kn ow, designed s pee ifical ly for the ttse of su,personic airline rs. Part of a new airport comp lex - ex pee led to rank as the world's largest when Jd••" fully completed in Nineteen-Seventy-Four. But best of all - we are told - the fact that Roissy is only seventeen miles north of Paris. Indeed, U.S. Tranaportation Secretary Join, Volpe - is quoted as tellirtg French officials: "I envy you for finding a new airport site - s o c l o s e to town ; " for th is - J;e wen t on - "is s om e th i ,w we have been trying and trying to do in New York - and laave,a't achieved yet." As a travelling reporter, wlio spends too much time travelling to and from John F. Kenllllly Airport - knows all too well. Mike Wallace for Lowell Thomas.