Oil Profits Spur Price-Cut Proposals and Tax Reform
Reports of record oil company profits trigger bills to roll back domestic crude prices and curb tax breaks. Energy chief Simon returns to testify as Congress weighs an emergency energy bill with possible gasoline rationing. Exxon Mobil Texaco Shell all report large 1973 profit gains, while Nelson introduces depletion allowance repeal to cut a $1.5 billion annual cost.
MENTIONED IN THIS ARTICLE
Washington
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
Gaylord Nelson
D-Wis
Nelson
Set Up Sours Sergeants Police Promotions In Biddeford
Patrol officers at Biddeford Police Department face a choice on sergeant promotions amid pride and pay. About 16 or 17 patrolmen reportedly weigh the honor of the rank against higher wages elsewhere, complicating the department's promotion plans.
MENTIONED IN THIS ARTICLE
Biddeford
Wildwood Development Nears Final Saco Planning Board Vote
The Wildwood project may gain final Planning Board approval at the Jan. 31 meeting after two years in the proposal stage. An informal briefing was held Thursday with Wildwood Association members developer Nicholas Scontras, his son Peter, and designer F J Hopcroft of Thomas Griffin Associates to discuss questions about the oe system.
MENTIONED IN THIS ARTICLE
Wildwood
Saco Planning Board
Planning Board
Wildwood Association
Nicholas Scontras
Peter
F J. Hopcroft
Thomas Griffin Associates Co
Portland
William Boucouvalas
Saco Conservation Commission
Boucouvalas
Joanne Kirk
Coreced Crna
Kirk
GM To Lay Off 75 000 More In 1974
GM announced a new round of cutbacks idling 75 000 assembly workers in 14 plants and an undetermined number of components staff by April, with Michigan hardest hit and total U S job losses rising toward half a million this year.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Michigan
Normal United
Ford Motor Co
Chrysler Corp
United States
Buick
Pontiac
Cadillac
Oldsmobile
DeWitt Trial Opens in Alfred Maine Murder Case
Lawrence G DeWitt 25 of Biddeford faces murder charges in the July 15 1972 death of Diane Belanger 24 also of Biddeford with Justice Harold J Rubin presiding A jury of eight women four men and two alternates was impaneled after days of pretrial examination The body was found in Belangers Washington Street apartment with multiple stab wounds autopsy indicating death about a week prior A defense motion to suppress statements questioned by the judge as the trial begins and jurors will be sequestered through mid next week.
MENTIONED IN THIS ARTICLE
Alfred
Lawrence G DeWitt
Biddeford
Diane Belanger
Superior Court
Harold J. Rubin
Bath
DeWitt
Rubin
Miss Belanger
Washington Street
Nixon Education Proposal Won Praise from Reformers
President Nixon proposed advance disclosure of federal aid to school districts and a $180 million increase for elementary and secondary education next year. The plan drew cheers from Helen D. Wise of the NEA who praised the advance funding idea but urged higher overall federal support as the share of education dollars slips from 8.8 percent in 1968 to 7.5 percent this year.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
Helen D. Wise
National Education Association
NEA
Year Ahead Proposal Praised By Area School Leaders
Four area superintendents hailed President Nixon's plan to release federal school funding information a year in advance. Andrew Frechette of Biddeford noted both potential budgeting benefits and persistent wait-and-see delays. Howard Cushman of Saco and Lawrence Bernuard of Old Orchard Beach said early access would improve planning and program launches across districts.
MENTIONED IN THIS ARTICLE
Nixon
Andrew Frechette
Biddeford
Frechette
Washington
Saco
Howard Cushman
Cushman
Lawrence Bernuard
Old Orchard Beach
Arlen Proposes Kennebunk Box Factory Lease
Arlen Box Co seeks to lease the West Kennebunk Old Twine Mill for a shoe box factory employing 15 to 20 workers initially and up to 100 later. The town would need to alter the current lease with Kesslen Shoe Co and obtain town meeting approval before leasing to Arlen.
MENTIONED IN THIS ARTICLE
Kennebunk
Arlen Box Co
West Kennebunk
Selectmen
Kesslen Shoe Co
State Insurance Fund Raises Hackles In Hearing
A Maine Labor Committee hearing on a state run workmen compensation fund drew over 50 attendees. Proponents argued private insurers charge high profits and slow payments, while opponents called the plan impractical and risky. Debate highlighted commissions, bonding, and emergency session timing.
MENTIONED IN THIS ARTICLE
Augusta
Labor Committee
Douglas M. Smith
Dover- Foxcroft
Ben Dorsky
Federated Labor Council of Maine
Patrick McTeague
Brunswick
McTeague
Surance Agents Association of
Maine
Watergate Panel to Probe Hughes Rebozo Money
The Journal reports a Watergate panel plans to investigate money tied to Hughes and Rebozo as part of ongoing inquiry. No further details provided in fragmented text.
MENTIONED IN THIS ARTICLE
Watergate Panel
Hughes - Rebozo Money
Also Mentioned on This Page
Christopher Coach
MT. Agamenticus
Wildwood Decision Near
Rosses
Council 72
Merican Federation of
Nly
Department
Ile
Union
Raymond Kenneally
Board of Police Commissioners
the Journal
Ew Poice
Kenneally
Arlen
Kennebunk Lease
Peter Kingsley
Arnold Goldman
Lyman Rock
Lyman Rock Snowmobile Club
Fred Holmberg
David Shields
Communications Department
Louis MacDonald
Kenneth Barrett
Barrett
Maryline White
Maine Housing Authority
Steven Dubord
Waterville
Everett Smart
Inside the Journal
Abby
al da
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