News stories from Monday November 6, 1972
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- Senator George McGovern today campaigned one last time across the country for a victory that the polls say he won't get. The final pre-election day Harris poll shows President Nixon 24 points ahead and the Gallup poll shows Nixon with a 26% lead.
In New York City, McGovern walked down Fifth Avenue surrounded by newsmen and vibrant crowds, in contrast to the earlier days of his campaign which featured sparse crowds and coverage, and gloomy predictions. Today McGovern called for America's endorsement of his leadership and stated his belief that the Democrats will prevail. McGovern goes next to California, then home to South Dakota.
[CBS] - President Nixon ended his 1972 campaign on a low key. The President remains secluded in San Clemente, California, conferring only with his closest aides; he taped a final television speech. Press secretary Ron Ziegler said that Nixon is in a calm and positive mood. [CBS]
- Vice President Spiro Agnew has campaigned in 35 states. Today in Philadelphia, Agnew spoke before the Fraternal Order of Police and Democrat Mayor Frank Rizzo, lauding their law and order efforts and criticizing the sneers and scorn of elitists and "fashionable revolutionaries." [CBS]
- Democratic vice-presidential nominee Sargent Shriver will visit former President Lyndon Johnson at his ranch in Texas after his stop in Pittsburgh, where Shriver celebrated his daughter's 17th birthday. The mood was festive on the campaign plane as the press corps mascot, a duck named "Senator," waddled in the aisle. [CBS]
- Henry Kissinger is still trying to work out the ground rules for Vietnam peace. Before a cease-fire, the United States wants North Vietnam to agree to restrict its troops in South Vietnam to only three parts of that country -- the northern quarter, and border delta areas. The U.S. is preparing a massive postwar aid program for Indochina. [CBS]
- UPI reported that South Vietnam has moved all forces that were in Cambodia into South Vietnam's Mekong Delta region. Radio Hanoi criticized the U.S. speed-up of military hardware to South Vietnam.
In Paris, North Vietnamese negotiator Xuan Thuy said that North Vietnam does not interfere with U.S. elections and claimed that his country remains ready to settle the Vietnam war rapidly. He also said that President Thieu's signature is not necessary to validate a peace agreement, and he asserted that President Nixon, in an October 20 message to North Vietnamese Prime Minister Pham Van Dong, was the one who proposed an October 31 signing of the accord in Paris.
[CBS] - Four Americans were killed when their helicopter crashed in Danang. A B-52 and two jet fighters were also claimed to have been downed by North Vietnam. [CBS]
- American Indians remain camped in the Bureau of Indian Affairs offices in Washington, DC. A federal judge ordered their eviction, but a higher court stayed the order. The Indians demand better treatment from the government, and are threatening to destroy the building. [CBS]
- The Supreme Court ruled that a 90-year-old law barring demonstrations on Capitol Hill is unconstitutional. [CBS]
- As the aircraft carrier Constellation sailed from San Diego for training maneuvers, 130 sailors remained ashore, discussing their grievances with Navy personnel. [CBS]
- Shirley Temple Black underwent surgery for the removal of a cancerous breast; she encouraged other women to seek early treatment. [CBS]
- British Prime Minister Heath has ordered a 90-day freeze on wages and prices in order to curb inflation. [CBS]
- East and West Germany are finishing a treaty that will normalize relations. The pact is aiding West German Chancellor Willy Brandt in his re-election bid. [CBS]
- Chile's long series of anti-government strikes have come to an end. [CBS]
- The Price Commission gave Pillsbury permission to raise the price of flour by 11.2%. Wheat prices have increased due to the U.S.-Soviet trade deal. [CBS]
- How the candidates stand on various issues:
President Nixon lauds his war on crime. Senator McGovern says the Nixon administration hasn't done enough to fight crime, and claims that there has been a 30% increase in the crime rate and drug use. Nixon cites his Supreme Court nominations in the battle against permissiveness. McGovern promises an overhaul of the court system. Both candidates oppose the legalization of marijuana, but McGovern favors less stringent penalties for its use. Both avoid the abortion issue, saying the matter is up to the states, but Nixon defends the rights of the unborn while McGovern says it is a private decision. Nixon opposes busing for racial balance. McGovern says the President is using the busing issue for political gain, and busing is permissible as a last resort.
Vice President Agnew denounces amnesty for draft dodgers and deserters. McGovern says he would give them the opportunity to come home. McGovern advocates peace in Vietnam. Nixon says peace is at hand but he will not be rushed into signing it. McGovern says peace is not as close as Nixon would have voters believe. Nixon insists on removing ambiguities in the peace agreement before signing it. McGovern believes that Henry Kissinger is misleading the American people intentionally by saying that peace is at hand.
The Eagleton affair branded McGovern as indecisive, and changing his views on welfare also created a wishy-washy image for McGovern.
[CBS]
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Stock Market Report
Dow Jones Industrial Average: 984.80 (+0.68, +0.07%)
Arms Index is the ratio of volume per declining issue to volume per advancing issue; a figure below 1.0 is bullish. | |||||||||||||||
| Market Index Trends | |||
|---|---|---|---|
| Date | DJIA | S&P | Volume* |
| November 3, 1972 | 984.12 | 114.22 | 22.51 |
| November 2, 1972 | 973.06 | 113.23 | 20.69 |
| November 1, 1972 | 968.54 | 112.67 | 21.36 |
| October 31, 1972 | 955.52 | 111.58 | 15.45 |
| October 30, 1972 | 946.42 | 110.59 | 11.82 |
| October 27, 1972 | 946.42 | 110.62 | 15.47 |
| October 26, 1972 | 950.56 | 110.99 | 20.79 |
| October 25, 1972 | 951.38 | 110.72 | 17.43 |
| October 24, 1972 | 952.51 | 110.81 | 15.24 |
| October 23, 1972 | 951.31 | 110.35 | 14.19 |