05 Feb 1974
Page 1
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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Feb 05, 1974
Page
1
The 100th anniversary of poet Robert Frost both born March 26 will be marked by the issue of a commemorative stamp. Potential wider use hinges on expected 10 cent First Class postal rate increases. details appear on the back page.
The Bennington subsidized housing project for 48 seniors remains in limbo as main contractor F L Hoff man Co walks off for nonpayment by Holiday Park Inc. A lien from a subcontractor and shoddy workmanship cited by Holiday Park halt progress. Lawyers for both firms were to meet to resolve the disputes.
Democrats denounce President Nixon's 304.4 billion dollar budget as too large and inflationary. Senators Talmadge Byrd and Metzenbaum urge cuts and reallocation to education housing and health. Mansfield Javits Kennedy sharply critique defense health and aid while urging congressional action.
The Vermont Supreme Court unanimously upheld the capital gains tax on speculative land sales, ruling it does not discriminate against landowners and serves to fund property tax relief. The decision cites aiding the governor’s relief program while allowing multiple social and economic ends through tax structure.
President Nixon detailing a health insurance plan said every American would gain balanced, comprehensive health protection at affordable cost. Coverage would come through private insurers with government subsidies for low income or high risk, and Medicare benefits would continue with improvements.
House Senate conferees vote 12 to 4 to roll back crude oil prices potentially lowering gasoline about four cents a gallon. The Jackson plan pegs crude at 7.09 a barrel from current levels tied to May 15 costs, with the president allowed to raise it to spur production. Federal energy chief Simon urges motorists not to hoard gas and proposes heating oil price equalization in the East.
A California judge issued a subpoena and expense voucher to President Nixon directing travel to testify in John Ehrlichman and two others burglary case. Nixon plans to decline obeying, citing presidential stature. The move raises questions on judiciary executive powers and conflicts with federal duties. The subpoena names Nixon as a material witness and notes his public statements about Ellsberg investigation.
MONTPELIER Vermont lawmakers press for explanations of rising home heating fuel and gasoline costs. The House Commerce Committee plans a public hearing on a bill to bring wholesale fuel dealers under Public Service Board control, with opposition from the Vermont Petroleum Association.
Globe Union Co plans to temporarily lay off about 80 to 100 workers at its Bennington plant as lead oxide shortages disrupt production. The 7 to 10 day idle period began today with staggered returns expected by mid next week. Plant Manager J D Williams cautioned no long term layoffs anticipated. The firm notes energy and material shortages have affected output amid government stockpile releases.
Across pages the paper reports on layoffs and plant closings tied to truck stoppages, a successful year for Teachers' Credit Union, a Mt. Anthony smoking problem letter, an editorial questioning Bennington selectmen's moral leadership, planning commission talk on mobile homes, First Amendment discussion at Park McCullough House, Shaftsbury School Board's rejection of a contractor deal, a MAU Rutland game recap, and John Randolph's springlike piece on trout streams.
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