13 Dec 1974
Page 1
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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Dec 13, 1974
Page
1
A new Houston Public Library program, the adult story hour for seniors, airs weekly at a branch with a 65-year-old Twain Poe and Faulkner reading roster. Attendance runs about four, despite a $41 000 special services grant mainly funded by federal money.
The House Judiciary Committee backed Nelson Rockefeller 26 to 12 for final confirmation as vice president despite Democratic opposition over wealth and gifts. Senate approval followed 90 to 7, with Ford expected to swear him in at the White House.
Washington House Rules Committee votes 9 to 4 to send the strip mining control measure to the floor for final action with a possible Friday vote. Earlier, a 212 to 150 House tally blocked rushed passage as backers seek a majority approval.
Britain reports a record US 1.28 billion trade deficit for November as oil prices surge, the pound slides to record lows, and the stock market falls to a 20 year low. Government pins deficit on quadrupled oil costs amid ongoing imports exceeding exports.
Two top officers of Associated Milk Producers Inc resign after the cooperative admits misusing corporate funds through illegal campaign contributions. The AMPI board votes to disband operations at a Chicago meeting.
Washington AP reports wholesale prices rose 1.2 percent in November after a 2.5 percent October jump. President Ford hailed the slowdown in inflation as near-term easing, noting industrial prices slowed for a 13th month while farm and food prices rose sharply. Congress moved to aid unemployment with swift measures, and Muskie predicted major anti-recession steps next year. Ford pledged no gasoline tax increase while weighing tax cuts among options.
B is six and smallest of four children three of whom are mentally retarded. His retardation may reflect social deprivation from early years in a bleak environment. Adoptability doubtful, he stays in a foster home in a town area getting care and security with two other foster children. He needs clothing and a Christmas toy to brighten holidays.
The House Rules Committee killed a multibillion-dollar tax bill to end the petroleum depletion allowance, tax windfall oil profits, and cut taxes for average Americans by a 9 to 4 vote. Leaders discussed possible resurrection requiring a two thirds majority, with Rep. Ullman noting no position yet.
The House passed a tax package aimed at boosting oil industry taxes and broad relief for millions of taxpayers. It would raise the standard deduction and offer investment credits while closing loopholes and taxing foreign income, with an estimated 2.25 billion in relief to about 38.5 million filers. the bill faced likely Senate obstruction.
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