Senate rejects final tax cut despite $3.5 billion amendment
Senate backs a $3.5 billion personal tax cut amendment to raise exemptions from 750 to 850 retroactive to 1973 and later returns the bill to Finance Committee. Kennedy says economists warn of 1974 recession and boost consumer buying power. The amendment passes 53 to 27 with mixed party support.
MENTIONED IN THIS ARTICLE
Washington
Senate
Finance Committee
Edward M. Kennedy
D-Mass
House
Oil Profits Prompt Bills To Roll Back Prices
Washington lawmakers press bills to curb oil price swings and end oil depletion allowances. Energy chief William Simon testifies on the energy crisis as Sen. Jackson's subcommittee probes, amid record 1973 profits at Mobil Texaco Exxon and Shell. Senate delays vote on emergency energy measure amid objections to windfall profits caps.
MENTIONED IN THIS ARTICLE
Washington (Ap
William E. Simon
Capitol Hill
Simon
Sen
Henry M. Jackson
Senate Finance
Jackson
D-Wash
Senate
Nixon
Mike Mansfield
D-Mont
Mobil Oil Co
Texaco
Shell
Exxon Corp
GM Plans Large Round of Auto Plant Layoffs
Detroit AP GM announces 75,000 assembly workers to be idled in 14 plants through April 1 with Michigan hardest hit. Ford and Chrysler also planning further layoffs as GM reports weak first 20 day sales 128,896 versus 226,032 last year.
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General Motors
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Ford Motor Co
Chrysler Corp
United States
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Buick
Pontiac
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Federal Education Plan Praised By Congressmen
Washington AP United States lawmakers and education groups welcomed President Nixon’s proposal to advance funding for elementary and secondary education with a 180 million dollar boost. Critics urged broader support for student aid and urged hearings on 1.3 billion dollars for Basic Educational Opportunity Grants while noting gaps in the proposal.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
Helen D. Wise
National Education Association
Ment
NEA
Carl D. Perkins
D-Ky
Albert H. Quie
R-Minn
House Education and Labor Committee
Allan Ostar
American Association of State Colleges and Universities
David Selden
American Federation of Teachers
Britain in darkest hour muddles through gaslit life
London reports a nation in crisis as coal miners strike over overtime pay while Energy shortages force a three day work week. Bankers cope with reduced electricity as the Canberra carries 1 700 orphans on a fuel saving voyage. Public mood mixes alarm with stubborn resilience.
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Lord Hesketh
Sir Hugh Fraser
P&o
Canberra
Canada
Virgin Islands
Indian Ocean
St. Paul's
Britain
Costlier Imports Okayed FPC Bars Domestic Gas
The Federal Power Commission rejected many domestic gas sales as too costly while allowing more expensive foreign gas shipments. FPC figures show foreign prices outpace domestic even after delivery costs, fueling producer claims that regulated rates contribute to gas shortages.
MENTIONED IN THIS ARTICLE
Washington
United States
Federal Power Commission
Commission
Rush Moody Jr
FPC
U.S
Israel Pushes West Bank Troop Withdrawal Acceleration
Israel accelerates its withdrawal from the west bank of the Suez Canal while Egypt plans troop shifts on the east side but no confirmation of action. In New York Dun's Review finds most corporate chiefs call for Nixon resignation though impeachment is opposed. Columbus officials confirm Lockbourne AFB will be renamed Rickenbacker AFB on May 18 in honor of WWI ace Eddie Rickenbacker.
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Israel
Tel Aviv
West Bank
Suez Canal
Egypt
NEW York
Dun’s Review
Nixon
Dun’s
Classified Camogie and Obituaries Weather Page Teaser
Classified Camogie notes and obituaries fragment the page with brief listings. Weather forecast calls for partly cloudy tonight with lows in the 30s and a Saturday shower chance high in the 40s to 50s. Details on Page 2.
Krogh Sentenced To Six Months In Prison
Egil Krogh Jr. receives six months in jail for conspiring in the September 1971 burglary of Daniel Ellsberg’s psychiatrist Lewis Fielding’s files. Judge Gesell cites his public service but calls the task illegal. Krogh says he has no orders from Nixon or information implicating the president.
MENTIONED IN THIS ARTICLE
Washington (Ap
Egil Krogh Jr
Nixon
Daniel Ellsberg
Krogh
John D. Ehrlichman
Nixon Krogh
Ehrlichman
Plumbers Authority
Ellsberg
Pentagon
California
David R. Young Jr
G. Gordon Liddy
Lewis Fielding
White House
Gesell
Washington
Shaw rents out home to first caller after frantic calls
William Shaw of Route 4 Athens finally answered the phone after it stayed off the hook. He received 28 rental inquiries, 13 in a half hour, and rented the home to the first caller who reached him. The item promotes a quick rental tactic.
MENTIONED IN THIS ARTICLE
William Shaw
Athens
Shaw
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