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Steel Industry Defies President John F. Kennedy
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keywords: president john f. kennedy, u.s. steel chairmen of the board roger blough, big steel, news conference
Synopsis: President John F. Kennedy denounces Steel Industry for raising prices with rebuttal from the Chairman of the Board for U.S. Steel...(read more)
- Date: 1962
- Duration: 00:02:54
- Sound: Yes
- Color: Monochrome
- Type: Public Domain
- Language: English
- Location: United States
Steel Industry Defies Irate President John F. Kennedy
President Kennedy devotes the major portion of his news conference to denouncing the Big Steel companies for raising steel prices by $6 a ton. He gives his opinion on its effect on the economy. News reporters rush from the room (news conference) to announce the economic news of the year. An industry answer comes from the Chairman of the Board of U.S. Steel, Roger Blough, who says they need the raise for plant improvements as he addresses news reporters the next day.
- Related Titles:
- Newsreels: 1962 - April 12
