Ford jawbones steel firms but predicts inflation easing
President Ford urged U S Steel to justify an 8 percent price rise while inflation hopes rose for an easing path. Treasury chief Simon warned recession would persist into next spring with unemployment near 7 percent. Other notes include layoffs, housing slowdowns, sugar and beef price shifts, and gold market moves.
MENTIONED IN THIS ARTICLE
Ford
U.S
CF &I
Pueblo
Colo
U.S. Steel
Albert Rees
President’s Council On
Simon
Bennington faces severe budget crisis and cuts
Bennington officials warn of a $150000 deficit from highway overspending and a need to borrow $500000 for six months as tax collection lags. Town Manager Harold H. Saunders proposes deep cuts in municipal services and staffing while the Board reviews austerity measures and plans next week's budget meeting.
MENTIONED IN THIS ARTICLE
Bennington
Selectmen
Saunders
Rockefeller set for Vice President swearing in this week
The final committee report found Nelson Rockefeller fit and qualified to be vice president. The House will vote Thursday with plans for an oath an hour later as the Senate votes to permit TV cameras in the chamber. The Judiciary Committee approved the nomination 26-12, despite 12 Democrats opposing Rockefeller.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nelson Rockefeler
House
Rockefeller
Senate
Rules Committee
Congress
House Judiciary Committee
Elizabeth Holtzman
D-N.y
Salmon's Budget Plea Faces Cold Reception in Vermont
Gov. Thomas P. Salmon urged cities and towns to share budget burdens and review programs. Vermont League of Cities and Towns chief lobbyist called the idea to fund state services locally "bull." State revenues lag, forcing talks of deep cuts or tax increases as schools fear impact during salary negotiations.
MENTIONED IN THIS ARTICLE
Montpelier
UPI
Thomas P. Salmon
Robert Stewart
Vermont League of Cities and Towns
Salmon
Stewart
Charles Nichols
Lynn to replace Ash as budget director
President Ford will appoint Housing Secretary James T. Lynn to replace Roy Ash as budget director. Ash’s resignation was accepted with praise for his dedication and ability to control federal spending. Ash will stay until early February to help finish the 1976 budget.
MENTIONED IN THIS ARTICLE
Roy L. Ash
Ford
Ash
Richard Nixon
Office of Management and Budget
U.S
London
Washington
UPI
James T. Lynn
Roy Ash
Litton Industries
Speakership snag may win support for Rep. Beattie
In Montpelier Vermont a potential House deadlock looms as some young legislators may back Rep. Orrin Beattie against the main candidates. Beattie, liberal compared with Hebard, trails OConnor among Democrats and could force multiple ballots without 76 votes. Republicans hold a slim 150 member majority and the speaker race near.
Israelis raid Majdal Zoun amid Lebanon border clashes
Israeli helicopters crossed into Lebanon and blew up six houses in Majdal Zoun after a raid on an Arab village. Lebanese reports say four villagers were kidnapped and a child wounded as Palestinian guerrillas attacked Hanita and border security was breached. Israel and Lebanon trade blame with no casualties reported in Tel Aviv.
MENTIONED IN THIS ARTICLE
Lebanon
Israel
Majdal Zoun
Tel Aviv
Beirut
Oldcastle Players Offer Dickens Christmas Classic
Local arts note highlights Oldcastle Players presenting Dickens Christmas tale on Page 3. The feature notes audience appeal and community theater perspective.
MENTIONED IN THIS ARTICLE
U.S
U.N
UCS
Oldcastle
Bennington
Cora Cheney
Russell Baker
Energy bill fuels Ford push for vast U.S. energy program
Congress approved a $20 billion energy research and development plan to make the nation self-sufficient, creating ERDA and prioritizing solar and geothermal tech. The measure, 91 to 1 in the Senate, promises grants loans and joint ventures, with emphasis on coal, oil, and direct energy conversion. In a separate action, a $5.5 billion public works jobs package aims to create 330,000 jobs and extend unemployment benefits, targeting hospitals fire departments and other agencies, starting Jan 1.
MENTIONED IN THIS ARTICLE
Washington
Energy Research and Development Agency
ERDA
Jackson
UPI
Congress
Treasury
William Simon
Simon
Senate Budget Committee
House
Senate
House Appropriations Committee
Also Mentioned on This Page
United Press International
White House
Steel Company
William E. Simon
Senate Banking Committee
International Paper Co
Ticonderoga
N.Y
General Resources Corp
New Alban
Ind
Tonka Toys
Mound
Minn
Commerce Department
New York Metropolitan Area
Jack Bennett
Treasury Department
United States
By Jan Slusmon
Rocky
Arthur Goldberg
Fella
Lynn
Rep
Beattie
Russ Pembroke
Troy
Pembroke
Mt. Anthony
Hanita
County News
No Man’s Land
Hoosick
Hoosick Falls
John Page
Patty Hearst
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