Debt Limit Snag Halts Bond Sales
Washington AP Treasury Secretary George Shultz halted sale of U S savings bonds until Congress approves a higher federal debt limit. He warned that further delay would force drastic action and noted the debt ceiling snag blocked financing of presidential campaigns. If not approved by Monday, the government may postpone a $4.3 billion weekly treasury bill auction slated for Monday.
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Israel records nine cease fire violations amid cross border fire
Israeli military reported nine cease-fire violations on Egyptian and Syrian fronts on Saturday. Egypt and Syria lines saw shelling and mortars. no Israelis injured. Palestinian guerillas claimed 15 Israeli casualties near Zarit on the Lebanese border. Talks on troop pullbacks remain stalled.
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Nixon to Will San Clemente Estate to U S Government
AP sources report President Nixon plans to disclose that he and his wife will bequeath their San Clemente California estate valued around 500000 dollars to the U S government after their deaths. Lawyers prepare a plan to ensure the villa and six surrounding acres are free and clear for transfer.
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Impeachment Panel Edges Toward Broad Standard for Nixon
A New York Times survey of 32 judiciary committee members shows a strong push toward impeaching Nixon for conduct not criminal if it breaches public trust. Most support impeachment for acts causing moral outrage or disrepute, with a minority favoring only criminal offenses. The panel plans further hearings and a February start, with references to Watergate charges and a cash flow statement noting Nixon income and large bank deposits pursued by a Florida prosecutor.
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House Judiciary Committee
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Bebe) Rebozo
Chuckle Echoes on Sands of Time and Heel Mark
An oblique note reflects on a casual rascal leaving only a heel mark on the sands of time. The line hints at fleeting footprints and the transience of deeds beyond memory.
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Connstane
Major Oil Firms Announce Gas Price Increases
Three large oil companies set new fuel prices effective Saturday with gasoline up to 3.2 cents a gallon and diesel up to 4.5 cents. Shell raises gasoline 3.2 cents, Atlantic Richfield adds 2 cents on gas and 4.5 cents on diesel, Sunoco lifts gas 2 cents nationwide and up to 2.9 cents along the East Coast. Union Oil reports 2 cent hikes in Detroit area but says no plans to raise gasoline now. Diesel and heating oil hikes noted for December 4.
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New Jersey
Florida
Union Oil
Detroit
Ralph Morrison
Morrison
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Robert McCowan
Ashland
Standard Oil of California
Nixon plans new Federal Energy Administration to oversee fuel policy
Nixon plans to create a Federal Energy Administration reporting to him to manage the fuel crisis. William Simon would head it on a temporary basis, with John Sawhill as deputy administrator and John Love advising on energy matters. The agency would consolidate energy programs from Interior and other offices and oversee rationing and allocation.
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Pioneer Sends Back Best Jupiter Photos
Pioneer 10 sent back higher quality images of Jupiter than ever before, showing the red spot in greater definition. The craft races toward the planet at 27,100 miles per hour and will pass within 81,000 miles, promising first close views and data on Jupiter’s clouds and magnetic field.
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