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Cedar Rapids Gazette: Monday, January 7, 1974 - Page 1

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   Cedar Rapids Gazette (Newspaper) - January 7, 1974, Cedar Rapids, Iowa                                Weather- Cloudy tonight, lows zero lo 5 above. Chance of snow Tuesday, highs Iu teens lo lower 20s. VOLUME 91 NUMBER .'IG3 CITY FINAL 10 CENTS CEDAK HAPIDS, IOWA, MONDAY, JANUARY 7, 1974 ASSOCIATED PRESS, UPI, NEW YORK TIMES WASHINGTON (AP) Vice- president Ford says President Nixon, while right in rejecting senate Watergate committee subpoenas, should make avail- able to Hie committee any evi- dence related lo criminal activi- ty- Ford also said that if the com- mittee trims down and refines its sweeping request for White House documents, then "there may be and I underline 'may be' an area of compromise." Ford was interviewed Sunday on NBC's "Meet the Ervin Welcome In Morganton, N.C., chairman Sen. J. Ervin of the senate Watergate committee said Mon- day he would welcome a com- promise on the subpoenaed White House material if the agreement were in writing. "We've been anxious to re- solve this material all the he said. The agreement should be written, he said, "so there could be no misunder- standing." The North Carolina Democrat apparently referred to an ear- lier compromise regarding Ni- xon's offer to turn over select- ed tapes to Sen. John Stennis Ervin maintains that he and cochairman Sen Howard Baker, (R-Tenn.) 'thought they had agreed to verbatim tran- scripts, while the White House later announced that only sum- maries would be provided. Ervin said the committee's list of documents and tapes was "not so much to ask for "be- cause this matter went on for nine months, with people cor- responding with each other every day." vice-president supported Nixon's rejection Friday of the committee's request for nearly 500 Watergate-related tapes and documents. Ford agreed with the President's assessment ol the subpoenas as "a fishing ex- pedition." But Ford also said he stood by an earlier statement made dur- ing his confirmation hearings that "any evidence that in- volved a criminal action ought to be made available by the White House." Ford said he hadn't studied the 500 documents being sought by the committee, but noted: "I can't believe that all of those documents involve alleged criminal activity by any person involved at the White House." The vice-president said the committee subpoenas seeking the documents were too broad and sweeping and that the pane' should consider making "some refinements in the demand, cut- ting it down to things that are more relevant lo the commit- tee's responsibilities." However, he said he had nol discussed the possibility of a (Continued Page 3, Col. 5) Simon Pledges Action Against Gas Gougers WASHINGTON which about bar- nal action will be taken against IOSB who charge illegal prices ir gasoline, federal energy lief William Simon says. Telephoio DARK ARRIVAL School children begin their day by arriving in total darkness at Bangor West Central elementary school Monday in Bay City, Mich. As a result of the nationwide switch to Day- light Saying classes before, Saving By Associated Press Millions of children set out for school in the dark Monday be- cause of the switch to Daylight Saving lime, leaving behind some worried, yawning parents. "This is grounds for impeach- joked one New York area father, referring to the fact that the time change is part of President Nixon's energy con-! servation plan. "Concern" In a more serious vein, the man said, "It's a matter for concern." He said his children a girl IB and.a boy 14 walk half a mile to school and added that when he left for work, his wife and daughter were plotting out a new, better-lighted route from home to classroom. School officials fielded calls from parents who said they yet, but keep your fingers crossed." Some schools changed school hours so that classes won't open until it is light and in one area the switch drew a complaint from a parent. "Bus in the Dark" Robin Poling of Clarksburg, P. Va., where school hours were changed from to to .said: "I caught the bus in the dark when I was growing up and I didn't mind because I was getting home early." Mrs. Poling, who has two chil- dren, said the later hours v cause problems- for working mothers and added, "Think of all the people who are going to have to change school, schedules, their like after- Scout were late they wouldn't let! them set out in the dark. Washington county, troops and dance teachers and the like." A Westchester county, N. Y., woman said the change to Day- Savinr; lime bad caused Cedar Rapids News- Daylight Saving time has forced the change of school hours at College Community school district effective Wednes- day morning, according lo Supt. James G. Bayne. Bayne said school will begin at a.m. instead of a.m. beginning Wednesday. Dismiss- al time will remain at 3 p.m. Bayne said he had toured the school district during the last few mornings and decided the darkness at 7 a.m., coupled with the cold weather, created un- safe conditions for small chil- dren who must walk several blocks to their bus stops. Bus Transportation All children in (he rural dis- trict are eligible for bus trans- portation and the earliest pick- up was around 7 a.m. Bayne said children riding the buses will be picked up 30 min- utes laler than the normal time ncioiiiugiuu u u 11 i y school officials said they emotionally and phy-so the earliest pickup will now bcnn flooded with calls. A si c a her 8-year-oldjbe around a.m. been flooded wilh calls. A spokesman for (he Chariotte- Mecklenberg. N. C., school dis- trict said, "We've had calls from people concerned about daughter who has lo walk half a block to the school bus. She said her daughter, "like all youngsters, is difficult lo get The 30 minutes will be made up during the day by cutting down on homeroom periods and reducing class modules by a their kld7goingTo7ch'ool in thc morning and in (he minute or Iwo. Bayne said the dark. Thcre've been no mishaps! (Continued Page 3. Col. 3) (Continued: Page 3, Col. 3.) Wants Nixon By Curl P. Lcubsdort WASHINGTON (AP) Vice-president Ford has scnl President Nixon a message from Republican members of congress, urging a resumption of "Operation Candor" and suggesting the possibility of compromising the new Water- gate tapes controversy. lie carefully supported Nix- on's refusal to give (he senate Walcrgale committee more than 500 tapes and documents and restated his belief in the President's innocence. Yet he demonstrated position in- dependent of the While House in his first 197-1 appearance. Kiicing Trouble In so doing, Ford appeared lo he UK much a spokesman for congressional Republicans facing I rouble "I Pnlls next November as for the em- battled President. Interviewed on the NBC ra- dio-television program "Meet Ihc Press" on his one-month anniversary of becoming vice- president, Ford indicated he was disappointed by the White House decision to curtail Ihc Watergate counter-attack and disclosure program known as "Operation Candor." "I hope and trust, despile what I understand with some reluctance .it the present lime, that the President will continue wilh Operation Can- Ford said. He also snid he would like to see "full disclosure, or n while paper Involving the 1TT mnltcr, and Ihc sn-cnllcd milk fund con- plus summaries of the original Watergate tapes. The White House, which had originally indicated ITT and milk fund details might be made public before Christ- mas, has talked of a mid- January release while in- limaling there will be no re- lea.se of transcripts or sum- maries of the Watergate lapcs. "Like Myself" When Ford was asked how GOP lawmakers would act to curtailment of Operation Can- dor, he said, "I think most Republican members of congress will react somewhat like myself." As for Nixon's defiance of the Watergate committee's subpoenas, Ford snid he sup- ports it because the demand was so sweeping "and doesn't appear to hnve any relevance to Iho committee's legislative ambitions and objectives In what appeared lo he his own view, since he later said he has not discussed 'the issue in deplh with Nixon, Ford said (hero "may be an area of compromise" if the commit- tee proves willing to refine and narrow its request. Asked if he would recom- mend compromise to the White House, Ford said "if there is such a refinement, il is within the realm of possibil- ity." Thus Ford demonstrated how he hopes to carry out his dual responsibility of being holh a spokesman for the White House and the advocate of openness and compromise he pledged to be during his confirmation hearings. The question now is whether his message will iiave any im- pact on President Nixon and how it will affect relations be- tween the President and Ford. British Widen Big Alertt Palace LONDON The ma sive British army alert again Arab terrorist attacks at Londo airport has spread to th grounds of Windsor castle, th royal residence six miles away. Queen Elizabeth was not ther Sunday when the troops arrive in armored cars 'to .moui guard. She was staying at hi Sandringham estate, more tha 100 miles away in rural Norfolk Peacetime Alert Some 400 troops and polic with machine guns, tanks an armored cars are coverin Heathrow International airpo: in an alert unprecedented i British peacetime history. Th troops were sent to Windso because the castle lies on one the flight paths into Heathrow. Police stopped and searche hundreds of cars on side roac while soldiers with dogs p; trolled the meadows at th edge of the airfield. Other un: formed troops and plain clothesmen patrolled inside lei minals. British newspapers said th cordon was ordered late Frida night after several Western in telligence services reported ter rorists had smuggled three Sov et SAM-7 anti-aircraft missile from Libya to Europe to strik at flying civilian jetliners. The missile can reportedly b dismantled and hidden in a sui case. It is fired from a shoulde launcher and homes in on th lieat of the plane's jet exhaust. Another report said that sev (Continued Page 3, Col. 3) Today's Index Comics Courthouse Crossword ..................15 Daily Record.............. Deaths Editorial Features Farm Financial ..................If Marlon Movies .....................1 Society Sports ...................11-13 State Television ...................i Want Ads ................18-2 Appearing on ABC's nd Answers" Sunday, "Issues Simon as asked whether the Federal nergy Office will make full use its new legislative authority lake criminal action. "Oh, he said. "It criminal statutory and we will ave fines and refer it to the ustice department who is our rosecutorial agency here. Yes idecd." Pressuring Means And Simon said 'his agency is ooking into means of pressuring nwilling oil companies into lim- ting gasoline sales to 10 gallons er customer. There have been reports that 3ulf Oil and Standard Oil of Ohio have not agreed to a Fed- ral Energy Office request to ry and get their stations in Dhio to agree to a 10-gallon imit. A spokesman for the Federal Inergy Office said Sunday night hat pressure tactics still are under discussion and specific steps have not been decided. In a move designed to spot possible hoarding of gasoline and fuel oil supplies, 32 major trucking firms and all of the nation's railroads were or- dered to report Monday on the size of their fuel inventories. The Federal Energy Oftic told truck companies it "urgen ly needs information regardin the trucking industry's presei inventories of diesel fuel an gasoline in order to fairly a minister the mandatory fuel a location program." Without Notice Similar telegrams were sei Thursday, without public notic to all railroads. Both Industrie were told to supply the informa (ion by the close of busines Monday. Simon said he is hopeful tha rationing will not have to be pu into effect, but he declined t say he is optimistic on this mal tor. He said an important factor in determining whether rationinj will become necessary is thi leakage in the Arab oil embargo rels a day currently is obtained. Continued Leakage If the leaks continue, ration- ing would be less likely, he said. However, he added, "there is no way for us to judge whether leakage will indeed continue or not." Meanwhile, Egyptian Ambas- sador-designate Ashraf Ghorbal said on the CBS program "Face e Nation" that there would ive to be a clear reason for e Arab slates lo lift their oil mbargo. He implied that this would be ic return by Israel of territor- s conquered since 1967. "We do not like the e said. "We all it would op, but we would also like to ave our territories back." In another interview with U.S. 'ews World Report, Simon Flights Resumed WASHINGTON (AP) r- Air national guard and air reserve training flights, grounded Dec. 22 by the fuel shortage, are be- ing resumed, the Pentagon said Monday. Spokesman Jerry Friedheim said resumption of flights was made possible by an alloca- tion of daily military fuel con- sumption by the Federal En- ergy Office. said he expects regular grade gasoline to be selling for 5 cents a gallon by next spring He called predictions that the price would reach a gallon irresponsible. r In other developments: The President of the Nationa Education Assn. urged Monday (hat the nation's school system be included among high priorit users of gasoline and othe scarce fuels. The ministers of the biggcs exporting nations met informal ly in Geneva to discuss a possi ble dialogue with the major con WASHINGTON (UPI) The supreme court refused Monday to hear an appeal on behalf of independent service sta- tion operators who claim gov- ernment price controls on gaso- line arc unfair and financially ruinous. The court acted in a brief order without comment on a test case brought by two station suming nations. The exporters are members of a 12-nation or ganization who have raiset prices almost double formei levels in recent weeks. President Nixon was reported planning to make some type o: proposal this week for a dia- logue between the major export- ers and consumers of oil to pre- vent worldwide depression thai would be injurious to both. Report Reveals Banks' Power in Large Firms WASHINGTON (AP) Two senate subcommittees have charged that control of many of (he nation's largest corporations is hidden from government reg- ulators and concentrated in the lands of a very few institutional investors, especially large janks. In a 419-page report, two gov- ernment operations subcommit- :ecs said they found "a massive cover-up of the extent to which loldings of stock have become concentrated." Overall, the report said, !hase Manhattan Bank was the single largest stockholder in 20 companies; First National City Bank in nine; Morgan Guaranty n four; Bankers Trust and ;hemical Bank in three each; and Bank of New York, Bank of America and First National Bank of Chicago in two each. The report was issued Sunday jy the chairmen, Senators Lee Metcalf (D-Monl.) and Edmund Muskic 17 Banks "At Isast 28 institutions are known to manage investment portfolios in excess of billion the report said. The list of those 28 instilulions included 17 of the nation's largest banks and seven of the largest insur- ance companies. The consequences of concen- tration of control nrc extensive, the subcommittees reported. "The role of institutional in vestors is of course not limitec to the acquisition and sale ol stock and the right, in many cases, to vole the reporl said. "Some institutional inves tors make loans to companies ii which they invest, or provide in surance coverage. "Their representatives often sit on the companies' boards o! directors. Sometimes institu- tional investors help facilitate or block mergers." "Street Names" In many cases, the reporl said, the true identities of the institutional stockholders were hidden behind "nominee" 01 "slreel names." For example, Chase Manhat tan Bank frequently appears under (he names of Cudd Co. Kane Co. and Egger Co, First National City Bank also is i u 3i iii-uiuiicii iJuiiix ciiiuj Jo known by the street names of In other actions, the justices: Agreed to decide whether poor defendants are entitled to free legal counsel when they appeal their convictions lo the U.S. supreme court or to a state's highest court. Refused to interfere with the xpulsion or suspension of a group of Ohio college students vho were arrested during cam- ius protests in 1972. Agreed to decide later this erm the .constitutionality of a. California regulation limiting access by the news media to irison inmates. A three-judge 'ederal panel ruled Aug. 16 that .he restriction was unconstitu- tional. Agreed to rule on disputed claims of former army and marine corps personnel for more than ?12 million in read- justment pay, Refused to disturb a New York ruling barring a federal judge from limiting the number of indigent clients who may be served at any one time by a legal aid society. The refusal of. the court to hear (he gasoline price control case did not involve stations affiliated with the major oil companies. Gas Formula Under regulations issued last August by the Cost of Living Council, the ceiling price al- lowed independent retailers is :he cost of gasoline as of Aug. 1, )lus the markup in effect on Ian. 10 or 7 cents a gallon, whichever is higher. In late 1973, an additional one cent a gallon increase was al- owed. Meantime, the council is considering a formula based on current supply curtailments. Outlets owned and operated by oil companies themselves ire subject to an entirely dif- erent pricing mechanism. The test case was brought by Murray Anderson, a Texaco sta- ion operator in Waycross, Ga., and Joseph Grish, who handles Uarathon products in Sterling Icighls, Mich. They said they jrought the challenge on behalf of other independents. "Discriminatory" Their complaint said gasoline dealers had been singled out rom oilier small business men or unfair discrimination by ar- >itrary methods. U.S. District Judge Barring- on Parker barred enforcement sf the regulations temporarily in the ground that they were liscriminatory and violated the Constitution's guarantee of "due process of law." But the temporary emergency court of appeals, established to icar price slabilixalion cases, that the plaintiffs had not exhausted the available ad- ministrative methods for obtain- ng relief from the Cosl of Liv- Gcrlach Co., Weber Thomas Co. and King Co. "The consequence of this con- tinuing use of nominees in own- ership reports lo federal regula- tors is a massive cover-up of the extent to which holdings of slock have become concentrat- the report said. It nolcd that a translation of nominee names is possible only through use of a little-known publication called the Nominee List, published by Ihe American (Continued; Page 5, Col. 4.) The operators had said Ihis placed appeals power with the same individuals who had re- jected their earlier arguments and argued thai further ad- ministrative procedures would impose financial burdens from which no recovery is possible. Chuckle A husband who is busy as a bee muy wake up to find Ills honey missing. --cowiohi   

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