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Southern Illinoisan (Newspaper) - January 23, 1974, Carbondale, Illinois PUBLICATJON OFFICE Murphysboro Herrln 710 N Hlinoit 1113 Walnut 212 N 14th SQI 010175 LIBRARY NEWSPAPERS BOX 799 AWR ILL 62525 Cut frm Htrrln Billy Jovrnil Indtpmdwl CirbendaltHtrrinfAurphysbert Volunu 82No 19IDe a Copy Oil company executives at Senate hearing from left Z D Bonner Gulf Annon Card Texaco Harry Bridges Shell A E Murray Mobil Roy Baw Exxon Richard Lett Standard of Irri and T M Powell Standard of Calif AP Wirephoto Exxon profits 60 higher New York AP Exxon Corp the nations largest oil company estimated today that its profits in the final three months of 1973 were almost 60 per cent higher than the same period of 1972 Beef prices on the rise once again By the Associated Press Its budget stretchingtime again for millions of Americans who are finding beef prices on the rise after a brief spell of stability An Associated Press survey shows beef prices at the retail level rose 10 and 20 cents a pound on most items in the past two weeks The boosts reflect higher costs ap about 25 or 30 per cent since the beginning of December People in the in dustry say the higher wholesale costs are the result of produc tion cutbacks that stemmed from last years freeze The Bureau of Labor Statistics reporting on the Consumer Price Index said Tuesday that retail food costs during 1973 rose 201 per cent Profits for the final quarter of 1973 were million compared to earnings of million in the same period in 1972 a spokesman said The Intelnational refiner said its profits for all of 1973 also showed an increase of almost 60 per cent at billion or per share of common stock J K Jamieson Exxon chairman said the company earned about 19 cents for each gallon of gasoline and natural gas it sold in 1973 abouta half cent more than in the previous year Exxon is the second major oil company to report how it fared financially in the fourth quarter of 1973 when the Arab oil em bargo was begun and retail prices of petroleum and natural gas fuels climbed sharply Tuesday Cities Service Co 14th largest in the industry said its fourth quarterearnings were nearly 50 per cent higher than its profits inthe comparable period of Cities Service said the preliminary figures showed profits of million or per share of common stock compared with million or a share in the final quarter of 1972 Several other major oil firms are expected to issue yearend reports this week showing similarly steep increases Nixon asks cuts in oil tax breaks Energy war William E Simon talks with newsmen AP Wirephoto Board chooses ballot positions iindberg warns Sixmonth deficit million Springfield AP Backed by an Illinois Supreme Court ruling the state Elections Board draws lots today to dole cut choice ballot positions to candidates in the March 19 primary The Supreme Court upheld the boards stand Tuesday that candidates filing nominating petitions by mail and those filing at the same time in person should betreated equally in the lottery Israelis begin troop pullout By the Associated Press Israeli troops and tanks began pulling back from the west bank of the Suez Canal today two days ahead of schedule military sources said The Israelis withdrawing to lines about 12 miles east of the canal also began digging up thousands of land mines and communications lines from the sands of occupied Egypt pro per Politicians believe a spot at the top of the ballot brings in more votes everything else being equal than one at the bottom The election board estimates that the lottery affects some 1000 state and federal can didates The Supreme Court ruling re versed a Circuit Court in Cook County which had given preference to candidates filing petitions by mail The board had ordered that candidate petitions would be deemed tied if they either had been received by mail by 8 am on the first day of filing or if they had been delivered in person by the same time Chief Justice Robert Under wood said the court would later give reasons for its stand in a written opinion The court also denied a re quest by Douglas Huff Jr of Chicago who had won the lower court order favoring mailed petitions Huff asked the Supreme Court to stay its order until he filed suit in federal court claiming that his rights were violated by the Supreme Court decision Springfield AP The state spent more than million more on its daytoday operations than it took in during the first half of the current fiscal year state comptroller George Lindberg said today The trend of the past six months cannot continue without jeopardizing the states fiscal health Lindberg said In his monthly fiscal report Lindberg said that the major spending increase for the July through December period was in public aid He said welfare payments were well above what Gov Daniel Walker had anticipated for the period and million higher thanthe same sixmonth period in 1972 Lindberg said that about million to million of the overall spending deficiency can be attributed to processing delays caused by adverse weather during the month of December But he added that even counting thatmoney thestate is not living within its means Lindberg reported four months ago that the state was in excellent financial condi tion with a balance on July 1 the beginning of the new fiscal year of million That balance he said has now been cut to million The bright outlook offiiour months ago is no longer so bright he said Washington AP President Nixon asked Congress today to reduce the tax breaks available to US oil companies operating overseas and to ease the demands of present clean air laws The President sent Congress a new energy message urging passage of the emergency legislation previously proposed and adding some new pro posals Nixons new measures would if adopted Eliminate the 22 per cent depletion allowance granted US companies producing oil abroad Reduce the amount of tax which US oil companies caricredit directly against their taxes in the United States Extend for two more years the emission standards now ap plying to 1975 automobiles Remove the present re quirement for a 90 per cent reduction in nitrogen oxide emissions in 1976 cars Extend the legal deadline for meeting clean air standards in metropolitan areas which otherwise would need unreasonable transportation controls Permit temporary relaxa tion of clean aid deadlines and requirements for power plants and other sources which cannot get an adequate supply of clean energy Also seeks to ease cleanair requirements for cars cities plants Agency power curbed Dowell fine set Mount Vernon AP The 5th District Illinois Ap pellate Court has ruled the Illinois Pollution Control Board may not decide how much to fine violators of the Environmental Protection Act In a 16page opinion filed Tuesday the court disallowed a fine imposed against the Cobin Salvage Co of Dowell and its owner Prank Cobin for burning junked cars The court said the power of the board to set the fine is an unconstitu tional delegation of judicial power The yard which is Dowells biggest business was cited July 11970 for burning junked autos supplied it under contract with the city of Murphysboro The court agreed that Cobin was in violation of fche act and a cease and order was properly issued but that im position of the monetary penalty was unconstitutional a n c void Dowel is a Jackson County town north of Carbondale mayor says Cairo is stiff and dry audflood rumors areunfrtie according r James B Walder The Ohio River at Cairo was reported above flood stage due to misconceptions ofthe terms gap and breach in an Associated Press report Walder said Cairo has closed the gaps or gates in the levees so that get down to the standard when the 3 although itIs only at Cairo is 44 Contrary to the report how ever the Ohio has not breach ed or broken through the levee Walder said Our levee have never been breached be said Corps of En gineers Memphis oversees1 the levees danger there time last year the Ohio River is on the fallrall tte way up to Louisville and Cmciriiiati7 Walder said The Mississippi River is up 16 feet at Cape Girardeau however a corps spokesman said The Ohio River at Cairo rose to 573 feet last year Even last yearhowever Cairo had no troubjev Cains levees withstood of 597 feet in 1937 and since the levees have been raised feetv Were in no more danger here today than in Carbon dale Mayor Walder said Speed up the licensing and construction of atomic power plants by encouraging stan dardized plant designs establishing an inventory of ap proved locations for future power plants and separating the questions of site approval from reactor licensing Meanwhile atthe Capitol the Senates investigating subcom mittee chaired by Sen Henry M Jackson DWash continued into a third day its hearings on the energycrisis Executives of seven leading oil firms were witnesses Jackson became angry at one point when Exxon vice president Roy A Baze was unable to pro vide some figures on his furns fourth quarter earnings These are just childish responses Mr Base Jackson said adding I guess were going to have to start slapping subpoenas on some of you As top priorities among pro posals already pending Nixon urged congressional action permitting restrictions on energy use a tax on oil com pany windfall profits due to the energy crisis unemployment j insurance covering energy caused job losses and establish ment of a Federal Energy Administration formalizing the present Federal Energy Of fice Jackson was among bipartisan SenateHouse leaders who met with Nixon this morning af terward telling newsmen the administration was considering rolling back prices on domestic oil production referred to the price of new domestic oil supplies which are not under antiinfla tion controls but Nixon spoke approvingly of the removal of controls from new oil and his message gave ho indication that prices might be rolled back In his message Nixon said There is a limit to the amount of market allocation through higher prices which we will allow We will not have consumers paying a a gallon for gasoline We must therefore seek to maximize the production of domestic oil at a price lower than the price of foreign oil We will also carefully review requests for energy price In creases to ensure that they are genuinely needed Nixon add ed Meanwhile Senate Finance chairman Russell B Long D Ga who last month led a filibuster against emergency energy legislation because of a provision to limit excesssprofits by the oil industry said he would be willing to support tax legislation that would induce the companies to turn their atten tion to exploration and develop ment at home The emergency bill which would give President Nixon power to order gas rationing and mandatory energy conservation measures remained stalled by the continuing threat of a filibuster by Republicans and oilstate senators who oppose the excess profitsprovision After executives from the seven leading oil firms told his subcommittee that the United States would require up to 15 years to become selfsufficient in energy even with the in centive of high oil prices Jackson said a rollback in the price of crude oil was called for This is a completely different tune than weve been hearing on the floor of the Seriate that taking the lid off price would result in more oil Two of the seven executives predicted gasoline prices would increase by 10p to 15 cents per gallon this year nothing1 on press leaks Kissinger didnt get results of probe c Washington StarNews Washington Secretary of State Henry A Kissinger disclosed Tuesday that former presidential aide John D Ehrlichman told him he would not be informed of results of a White House investigation of Pentagon spying on the Na tional Security Council Kissinger acknowledged that he listened to a portion of a tape of the interrogation of R Adm Robert 0 Welander and that the interrogation had been carried out by former Kissinger aide David Young But Kissinger insisted that Welander had come forward voluntarily with information about the leakage of National Security Council documents to the press and the unauthorized transfer of documents from Kissingers office to the office of the Chairman of the Joint Chiefs of Staff Beyond this one interroga tion Kissinger said I was told nothing about the in vestigation either preceding or following this interroga tion In the hearings on his nomi nation as secretary of state i Kissinger told the Foreign Relations Committee I did not know of the existence of the Plumbers group by that or any other name Nor did I know that David Young was concerned with internal security mat ters Kissinger said that in the matter of the interrogation of Welander one could not sup pose that David Young was conducting an investigation merely because Young had in terrogated Welander Asked Tuesday why he did not learn the results of the in vestigation and interrogation of Welander Kissinger said Because I was told that I was not to be informed of it By whom were you told a reporter asked I have said all that I will say on this subject Kissinger replied All internal security matters in the White House after May 1970 were handled by Mr Ehrlichmans office Later Kissinger divulged that it was Ehrlichman who said he would not be informed of the outcome of the investigation Index 2325 Classified Comics TV Bridge Crossword 27 Editorials 4 Family Living 7 Records 26 Sports 9U Weather details map 26 Tonight fair and colder with lows in the 20s Thursday mostly sunny and a little warmer Highs in the 40s State to get Powell funds Chicago AP Illinois taxpayers reportedly wiD get about half the estate of former Secretary of State Paul Powell if the court approves a settlement worked out by the attorney general and the estates executor Terms of the settlement were expected to be approved today in Circuit Court in Vienna the hometown of Powell who died at 68 while im a Rochester Minn hotel room He had gone to Rochester for treatment at theMayo Clinic Atty Gen William J Scott sued the estate to obtain part Vienna courf to rule on settlement of the money on the assumption that it was not earned by Pow ell through normal business dealings or from his yearly salary Affer Piwell died was found in shoeboxes in his hotel room inSpringfield and another in a safede posit box The total value of the estate was about million The Chicago Tribune quoted Scott as saying that the settle ment if approved by the court would give the state mil lion 3100000of it in punitive damages for misappropriation of funds such as the pocketing of proceeds from beverage vending machines in state build ings Another million would go to state museums and librar ies over which the secretary of state has jurisdiction Scott said The interests of major benefi ciaries of Powells will such as Marge Hensey Powells sec retary and companion who was with him when he died would not be resolved by the settle ment reached between Scott and the executor of the estate Dr John S Rendleman chancellor of Southern Illinois University at Edwardsville Scott said the case is unique in that never in modern Illinois history has a public official or his estate been sued on the basis of a duty to account for funds presumably obtained ille gally
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