Ford warns of embargo risk to economy and security
President Ford in Georgia warns another Middle East oil embargo could cripple the economy and threaten national security. He says a quick, broad energy plan is needed and presses lawmakers to act. In Washington, Democrats resist a further $9 billion defense boost while noting the record deficit and targeting the Pentagon increase.
MENTIONED IN THIS ARTICLE
Atlanta
UPI
Ford
Opportunities Industrialization Center
Georgia
Alabama
George Wallace
Washington
Congress
Democratic Congress
George Mahon
D-Tex
House Appropriations Committee
Morris K. Udall
Ariz
Pentagon
Mahon
Defense
Economic upturn eyed after 1974 auto and construction slumps
Private and government reports forecast a turn in the sagging auto and construction sectors after 1974 losses. GM and AMC posted deep profit declines and dividend cuts while construction spending eased. housing starts fell, unemployment in construction spiked.
MENTIONED IN THIS ARTICLE
Richard Hughes
UPI
General Motors
American Motors
U.S
Exxon Corp
Thomas Murphy
AMC
Commerce Department
Atlanta
Housing and Urban Development
James T. Lynn
Inside National and Local Briefs On Page Mix
Summary of national items including a Kennedy conspiracy theory and Patty Hearst update, plus local notes on MAU graduation party planning, editorial on positive MAU thinking, Vermont GOP program outline, icy roads affecting Shaftsbury selectmen, Arlington Historical Society event, and MAU hockey and Jr. High basketball results with a note on Cousteau film stance change.
MENTIONED IN THIS ARTICLE
Thieu
Patty Hearst
MAU
Russell Baker
GOP
Vermont
Shaftsbury
Arlington Historical Society
MAU Hockey
Jr. High
Torger Toble
John Randolph
Ford hints at tax cut compromise with Congress
President Ford signaled possible compromise after House Ways and Means panel backed an $8.4 billion tax cut for low and middle income groups plus up to $200 rebates. He said he would study the panel's actions and read the fine print. The committee moved toward rebates of 6.9 billion in one time 1974 tax rebates, while rejecting a broader 12 percent rebate for all incomes. Aiming to spur employment, Ford urged action on the corporate investment tax credit and suggested a 10 percent level.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
House
Ways and Means Committee
Southern Editors and Broadcasters
Atlanta
Ways and Means
White House
Ron Nelsen
Congress
Bill Archer
R-Tex
Archer
Cartel proposal seeks new world trade pattern at Dakar
In Dakar Senegal delegates from 110 nations pressed to form a third world cartel to fix higher prices for raw material exports. President Senghor opened the session urging action while radicals push for cartels like OPEC for all primary products. moderates warn of trading conflicts.
MENTIONED IN THIS ARTICLE
Dakar
Senegal
UPI
Asia
Latin America
Africa
Leopold Sedar Senghor
Arab Oil Producers’ Cartel
Austria
Finland
Sweden
Algeria
Moderates
Yugoslavia
U.N. Development Organization
Organization of Oil Exporting
Two FB-111 Bombers Crash Over Londonderry Vermont
Two Air Force FB-111 bombers collided during a routine training flight over southern Vermont and crashed into the hills near Londonderry and Windham. Both crews ejected safely as wreckage scattered across several miles, with no injuries reported. An Air Force investigation was launched led by Brig. Gen. Thomas P. Conlin.
MENTIONED IN THIS ARTICLE
Londonderry
Air Force
Windham
Glens Falls
N.Y
Richard Kidde
Magic Mountain
Plattsburgh Air Force
Vermont
Vermont Hills
South Londonderry
Earl Melendy
Landman
Tater Hill Country Club
Windham-Windsor
Thomas P. Conlin
19Th Airborne Division
Lee Planes
Center site choices narrowed to three for senior center
A town special citizens committee narrowed three possible centers for a new senior citizens complex to Buckley Building on South Street Haynes and Kane Building on Main Street and the current Sal Santarcangelo property on Ben Mont Avenue All options cost under 150000 and a public hearing is set for Wednesday at 730 pm at the town office building for reaction and other ideas The CDA funds totaling about 1 1 million are aimed at two main projects a revolving loan fund for Bennington housing rehabilitation and a senior center social service complex including offices for county aging and RSVP programs
MENTIONED IN THIS ARTICLE
Special Citizens Committee
Buckley
South Street
Haynes & Kane
Main Street
Sal Santarcangelo
Ben Mont Avenue
Vermont
CDA
National Guard Armory
Diamond and Aldrich
Venture
Schocker Junkyard
Beech and
Main Streets
Lee Center
Curriculum committee charts course for future action at Mt Anthony
Mt Anthony Union School Board's curriculum panel met two hours and offered no firm decisions while outlining priorities to streamline curriculum. Debate over an ad hoc committee persisted with voting on audience participation and board authority. Three proposals from Principal Pelkie on art cuts seven period day and course loads were discussed, with the art course reductions postponed until after student signups in two weeks.
MENTIONED IN THIS ARTICLE
John Leaning
Mt. Anthony Union School Board
Marion Smith
Harrington
Smith
Oakley Frost
Dr. Frost
STAF
Kevin O'Neil
Joseph Hall
Hall
Curriculum Committee
Clarence Pelkie
Also Mentioned on This Page
America
Federal Reserve
Garland
By Jan Slusmon