Heating oil rationing plan targets home thermostats
The administration proposes mandatory heating oil cuts for homes and key users, with six degree thermostat reductions for homeowners and ten degrees for other oil users. The plan, to take effect Jan 1, would require dealers to enforce the limits and may impose fines up to 5000 dollars for violations, while high priority users could receive 90 to 100 percent of last year's supply.
MENTIONED IN THIS ARTICLE
Washington
Fed
Eral Register
Associated Press
Schultz Urges U S Self-Reliance On Energy
Secretary of the Treasury George P. Shultz argues the United States should plan energy policy assuming no Arab oil again. He warns of possible unemployment, notes stock market jitters, and says price rises may curb consumption while studies consider windfall profits taxes.
MENTIONED IN THIS ARTICLE
Treasury
George P. Shultz
United States
House Appropriations Committee
Washington
Palestinians Free 240 Passengers After Jet Hijack In Malta
Three Palestinian guerrillas who hijacked a Dutch Boeing 747 released 240 passengers and eight crew today in Malta after long negotiations with Prime Minister Dom Mintoff. The jet then continued toward an undisclosed destination with nine or ten crew members and A W Witholt of KLM aboard.
MENTIONED IN THIS ARTICLE
Valletta
Malta
A. W. Witholt
KLM
Witholt
Dom Mintoff
Europe
Iraq
Damascus
Syria
Nicosia
Tripoli
Libya
Arab Youth Organization For the Liberation of Palestine
H. M. Hassan
Sudan
Hassan
Algiers
Netherlands
Israel
Defense Spending Bill Approved After Cuts
The House Appropriations Committee approved a 74.5 billion defense bill after trimming 2.8 billion from Pentagon requests. It prescribes minimum intelligence and education quotas for servicemen, urges removal of 6,500 underperformers, and questions the all volunteer force, with caps on high school graduates and top mental categories. It cuts 240 million from the Navy’s Trident submarine program and eliminates the Minute Man Missile Site Defense program.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
House Appropriations Committee
Navy
Stock Market Decline Driven by Energy Fears In 1974
The Dow Jones average fell to 824.95, down 29.05 points, the fifth sharpest one day drop. Brokers cited energy shortages and high rates as factors, with cautious trading on the New York Stock Exchange despite orderly activity.
MENTIONED IN THIS ARTICLE
Shultz
United States
New York Stock Exchange
New York
John F. Kennedy
First National Bank of Chicago
Jesse James Cave Visit Sparks Tourist Inquiry
Lester B. Dill of Mera Mec Caverns in Stanton Missouri says a tourist asked why Jesse James hid in the cave. Dill replied that the draw was free admission.
MENTIONED IN THIS ARTICLE
Jesse James
Stanton, Mo
Lester B. Dill
Meramec Caverns
United Way Drive Faces Economic Hurdles and Slower Gifts
United Way campaign progress trails goals as counties struggle with a weak economy. Chair stresses the man-on-the-street impact while Garrel Wike reports the drive at about 90 percent and holding. Corporate gifts rise but individual contributions fall, influenced by economic conditions.
MENTIONED IN THIS ARTICLE
United Way
Garrel Wike
Watergate Panel May Halt Public Hearings Indefinitely
Senate Watergate committee weighs suspending hearings amid staff disputes over evidence. Vice chair Baker distancing from Dash explanation while Dash cites new leads needing fuller exploration and White House document delays in dairy industry funding and Hughes payoffs involving Bebe Rebozo.
MENTIONED IN THIS ARTICLE
Watergate
Washington
Senate Watergate Committee
Howard H. Baker Jr
R-Tenn
Samuel Dash
Baker
Testimony Restricted in Turner Mail Fraud Trial
Assistant attorney general of Pennsylvania is barred from testifying about what Kenneth Swarthout told him in the mail fraud case of Glenn W. Turner and eight associates. Judge Troffat allowed Swarthout to be called by prosecutors as a witness on other matters.
MENTIONED IN THIS ARTICLE
Jacksonville, Fla
Pennsylvania
Glenn W. Turner
William J. Kelly
U.S. District Court
Gerald B. Troffat
Kelly
Turner
Kenneth Swarthout
Hugh Smith
Swarthout
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Bebe” Rebozo