ECONOMY In the battle agai11st inflation - phase .four ~ exist hag a t las t. /"cl u ding a n i m me di a t e l if ting of th f p rice fr e e z e - - on a l l f o o d s e x c e p t beef. But a ls o call i ,ag for "tough and selective co,atrols" - to talte effect August rwelfth; in effect, a complex system of wage and price co,atrols - run,ai,ag throughout the . . eco,aomy . .._ The President accompa,ayi,ag his ,sew rules - .,,,,, a writte,a statement - war,ai,ag that prices o f . . _ "'a•y items are almost certai,a to climb. P itla regard to food "particularly" - said he "there is ,so 111ay, •itll or without control - to preve,at a substa,atial rise ,,. prices . ''Only if.,. th is is permitted ,sow" he continued - ''ca,a we avoid shortages a11d still hlglaer prices later. The President, ,aevertheless, claimi,ag tlaat th e f!eJtx re s t of p has e four - is , "in s o me re s pc c ts \ tougher than phase two. However, we believe" - ECONOMY - 2 said he - "that busi,sess ca,s co,sti,aue to prosper - industrial peace can be mai,stained a,sd productio,a c onlinue to e xpa ,ad - u,ade r these rules. " i1111,1•• ,1,1.., -Tie Preside,at urgi,ag "a policy of patie,ace - to tlaose wllo tvould rat,,er see a retur,e to a free markeyeco,aomy." "The move to freedom 11oto " - said lie - "would most likely tur,a i11to a deto•r - back i,ato a stvamp of eve11 more lastl11g co,atrol." DOLLARS Elsewhef'e on the economic ff'ont - aft attem/'t today to shof'e up the sagging dollaf' ovef'seas. Tise U.S. T,-easu,-y Depa,-tment and the Fedef'al Resef've Boa,-d - announcing thelf' l,aterventlo,a ,,. fof'et• e%cl,a11ge markets; addhag that. in fact. the U.S. SM/1/'0f't /Ila• - has alf'eady been ha effect mof'e titan a "'eek - sl11ce last Tuesday. TIiis by sellhag fof'elg,r cu,-,-e•c••• - and buyl,rg back dollof's. A Jolat statemeat st,-esug. llo•evef', tl,e U.S. action was made possible - by "tlae i11laef'eat st,-eaglla of the dollaf'." Also saylag: "Active l11te,-11eallo• • I l l Ma take place In tl,e fuluf'e - al 111laalever ll•e a11tl I• whatever amou11ts af'e app,-o/'f'late - /of' malalal•l•g o,-derly maf'kel co11tlltloas." WATERGATE ----------- Retired New York Police detective To11y ,.,.,__ Ulasewlcz ~ a return wlt11ess today 111 the Senate WateTgate lleaTlngs. ~ : : : ; : ; , . •• Htl■1~ telll11g llo• he Investigated the personal l,ablts - of opposltlo• political flgM-res. Se11ator Welcker of _ Connecticut aslll,ag: "WoMltl it be fair to say - yo• dealt ,,. dirt at tlte dlrectlo11 of the Wltlte Rouse? " U lasewlc• replyl,ag: "A llegallo11s of it - yes, Sl-r." ~ .,,, ...... cJ - Mississippi olh11a11 F-retl LaRue/-a forme-r key aide lo .Tolan Mltclaell - wlao laas ~ si11ce pleaded g•ilty lo A clla-rges. lkf r.o••••• or:,. LaR•e telling of llae co11'.Jersatlon - with Jeb Stuart Magrude-r. The latter quoted as sayl11g llaal former WAiie HoMse adviser Charles Colson - was apparently the driving force behind the Waler gate breaki•s. CAPITOL HILL Capitol Hill aga.,, - the reading of a telegram that President Nixon sent to House Mlftorlty Leader Gerald Ford - more tllaft tlaree 10eeks ago. Tlals coming J•st prior to a Hollse vote - Oft a resola,tloft aimed at curbl,ag the President's 10ar maklftg po•ers. TIie President sayl,ag: "I f•lly s•1>1>orl tits desire of members to assa,re Co,agress It's 1>ro1>•r role - In national decisions of "1ar and peace." Also sayl,ag: "I •ould tDelcome a1>1>ro1>rlale leglslallo,a - 1>rovltllag for an effective co,atrlba,tlon by tlae Co•gress." B•t Ille -i4 pending measa,re - lae co,afl,aa,etl A bolla "da,ageroa,s a,atl unconslltutlo,aal. " Tlae Presltleal atltll,ag: "I a• unalterably opposed to a•d •••I veto - any s•cll" res trlctlons o,a Presldefttlal prerogatives. BETHESDA At Bethesda Naval Hospital - President Nlxo,c was champing at the bit today. The President recoverh1g -tlil- so fast from d I viral p,ceumo,cla - we hear ""r...lle'd Ulte to get out ,ro117 Instead of llJaltl,cg 'Ill Ftldoy. Indeed, the President's personal physlclo•, Dr. Wolter Tkach - agreeing lte "Is a 10ell man." Addh1g tlaot tie President has sho"'" ",r.o ••to10ord effects" - sl•c• resuml,r.g o leavler •orkload, • ••, riucl tliUlo■ a, lo10ever .tt Ille Preslde,ct ~¼~~ may still feel some fallg•~ 7'1•• •fv•• ';. allckl•g by Ids gunsf!.Jf•• Presld~gre~to re••ln •I Bethesda - 1 111 Friday, ei.=E:t.'££..%£.£&- 111■1 •••• nil a, Ca•t> David • cure { continues ti! reg•l•½,- hls stre•gth. TRIPOLI In the Middle East - an apparent breakdow,n In merger talks ~ bet111een Libya aftd Egypt. TIiis leadh•g to a so-called protest "march" - starting o•I today from Tripoli. An estimated twe,aty thousand L•byans - laeadlflg for Cairo, more . . . llaa11 flftee,a l11,ndred mll•s aw,ay, In cars, busses and trucks. 7 f Hoping to arrlv• ,,. the Egy/ltla• caplf ~-.,z:J!!; ~ T e s Ht to .. peuuo .. Egypt's President An111ar Sadat - ~ •• s,f' lsnl\ w,rllten In blood; a petltlo,a demandlflg ~..p con,plete unity bet•ee,. ~ Libya a,ad Egypt -,A September 1, as orlgl,.ally sclled•led. WltetlteT the "maTch" act11a lly mall es ~~ ~ ~ Cairo t!tll:itlSIIIJRi:!!!~lt=llli!Wrtf remal,as lo - be seen. Sadat flllflg an official protest today - •Ith Libyan leader Moammar Khadafy. Sadat stressiffg tl,e "dangers - w,laicla tl,is •• march can lead to." Adding that both the form and method of the marclt - open nunaerous doors to tlte enemies of the union and the enemies of revolution.'' Further telling Khadafy: "It Is your duty a,sd mi,se to . . . take a decisive stand regardhag tlals marcla - .,lalcla 1De cannot accept as a valid revolKtlo,aary mecsKre or method." flou,aderlNg - •• •• • lo Id - . over tlae obJectlo•s of Egypt's women's liberation movement. Tia• latH•• of Egypt said to object stro,agly - to Klaadafy 's tradltloaal belief In the sKperlorlty of me,a over 111om11,a. JERUSALEM e ~ ~ Jerusalem I\ an announcement to4•1 ► tlsat Ilse 2 at Soviet Union - has agreed to deliver oae 1Jundrt1d thousand tons of cement to Israel; said cemeal to be Tt::u.rffe4~~..,,,. ,- used In new stone and stucco daoellhags. -,._aimed al ~•'l a fl d ■ lllfl Israel's present Ito using s llortage. Tlai, markhtg Ille first trade deal bel•ee• Jerusalem and Mosco"' 11 since their diplomatic break-off during the !_Ix ~ay !!!_ar of 1961. Officials adtll•g tlaal Israel ttJlll pay for tlae cement l,r casla - llalrly-flve dollars a Ion. SEOUL For Secretary of State trUU ■ ,R Rogers today - th e start of a three day State Visit to So11tl, Korea; inc l u ding a J, la ,r. e- side address - on h ,J arr i II al I ,r. S • o" l • Roge~dorsd,. a proposal by SoMll Korea's Presldeat Park Ch11ng Hee - for br,aglng tle 1"10 Koreas closer together. Also, eadorsi,r.g U.N. memberslliJ, - for boll north a•d so11tl. "In Asia as elseM1lere ,. tlie M1orld" - new a,ad more coastructlve relatlo••lliJ,s. " ZIZILE V At •izile, France, about fifteen miles /.. f rom Grenoble, a tragic accident today. A bus cro•ded with Belgian tourists crashing through the guard rail at the bottom of a deep Ii 1luja1 I 1cl h1cli,ae plu,agi,ag sixty feet into the Roma,ache River. First rep arts - i11dicat~ some A. Jfft; ~ . " forty ~ r t kM/\.-t " 'J OIL From the Federal Trade Comlnlsslon - Jl_ some further comment today on tha complal11t filed yesterday - against eight major o,l companies. Director James Halverson of the FTC's Bureau of Comp,iUtlon - observl'1g tlaat "divestiture seems to be oae of tlle a pproprlate remedies." This - said he - meanh1g a "significant" break-•P of Ille companies 111 quesH011 - 4 Inc ludl,eg co,e11ectlng pipe ll• es. Holve.-son idaa sc._,.i;,,~ ~ • • J#f'eaenl gasoline shortage - was 1101 "overtly co11trlt1ed." Stressing, however, the FTC's action - Is "deslg,aed solely to et1d the present shortage." Addl•g tllal lie coul,I not ~ O i l a settleme11t - lllal did not provide for ''Ile A addltlo11 of ft I r • viable refl11ery capacity. " LONDON-PARIS From London and Paris - a reml•der today The "chunnel" - they call It; a project first dreamed up in 1802 - actually begun once ht 1880 - a,rd ,eoao at last ~W\f'~-fii~~., apparently/' t • • ~ W ·,, .,iJ..n. rt .. ■•• "e-.,.i.,=M ~claeduled for co,,.pletlo,e by 1980 - at a,a estimated co, t of taoo -polJtl-one -bllUo,e) ~ ~ ~ O \ A J ? ~ f--·te~. {)~ B rpwelad t• .,-.n tt,•-r1wd f•r oddll•o•sfs tra,esportaUo,e Unklf wit/a tie £.Ofltl11ent - growh1g out of Brltlsl, membership In the Commo11 Market. ~ Brl,.sh newspapers -•1•• 11011,rg tl,at fature /\ travelers - will soon have tltree ways for crossl•g tl,e ~~:e? - storm tossed channel. These listed as - "over - under - and sea-sick." EAGAN From Eaga,a, Te,anessee - an an,ao1u1cement today that CaroU,ae Ke,anedy 's brief film career - llas suddenly come to an end. The fifteen-year-old daugllter of the late JFK a,ad # J J .TacqueUne Onassis - q11Utl11g her Job .,,,,,. a documentary film crew. Appare11tly tl,e victim of too much pa,bUcity. A friend sayi,.g: "Ille local people dldn 't botlter Caroll11e mu cit - ba,t tit e national 11e1Ds media did." Q.J 4 • P-