Shah Agrees on Israel Not Oil Prices
Secretary Kissinger secured the Shah of Iran's pledge to keep oil shipments to Israel flowing if Israel returns the Sinai oil fields to Egypt, while no breakthrough on prices. The Shah stressed inflation effects and argued oil must reflect import costs, rejecting an Arab oil embargo and calling for stable purchasing power. Kissinger said relations with Iran are very close and stressed Soviet participation in a Middle East settlement.
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Today's Chuckle The Weight Gap Between Executives
A playful note contrasts the weight difference between a junior and four senior executives, suggesting the gap may reach about 40 pounds. The item carries a light humor tone typical of a brief newspaper blurb.
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Jaworski On Nixon Indictment Dilemma and Pardons
Former Watergate prosecutor Leon Jaworski says Nixon’s attorney argued indicting him would fail fair trial due to publicity. He warned Ford’s pardon removed the constitutional dilemma, noting potential nine to twelve month delay before jury selection. Jaworski also speculated destruction of White House tapes might have let Nixon weather the storm, despite embarrassment.
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Smoking Ban Stands in Iowa Legislature Fracas
In Des Moines a motion to suspend a no smoking rule in joint meetings failed as Sen. Richard Norpel and five colleagues walked out of a Senate Transportation subcommittee session adjoining House Speaker Dale Cochran's room. Norpel plans to seek an attorney general ruling on the issue.
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Chrysler Ties to Tap Over $1 Billion Credit Cushion
Detroit AP reports Chrysler Corp faced a 1974 deficit of 73.6 million and a yearly loss of 52 million on 11 billion in sales down 7.2 percent from 1973. To cover debts, Chrysler lined up credit agreements totaling about 1.075 billion with 200 banks and secured additional facilities including 455 million revolving credit, 125 million with 116 banks, 300 million Chrysler Financial standby credit, and 195 million via foreign bank agreements. Chairman Townsend cited inflation, high interest rates, and weak consumer confidence as factors.
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Ford Says He Will Veto Tariff Hike Legislation
Washington AP reports President Ford told Republican congressional leaders he will veto expected legislation to delay the oil tariff hike. He said he is showing strength in his fight to uphold the veto and press for a firm stance on the measure.
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Ford
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Leniency by Judge in Abortion Conviction
Boston AP Dr Kenneth Edelin was sentenced to one year of probation for a manslaughter conviction in the death of an aborted fetus. The Association of Professors of Gynecology and Obstetrics urged the courts not to define abortion or viability, endorsing the 1973 Supreme Court decision. Edelin faced possible 20 years in prison. The case drew reactions about race slurs during trial and potential appeal questions. Nassau County probe into alleged infanticide linked to a Jan 19 Nassau Medical Center abortion was discussed. Hutzel Hospital in Detroit cited the Edelin verdict as prompting a halt to abortions beyond 16 weeks.
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Coalition
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State of Missouri
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Nitze Claims Soviet SALT Team Full of Spies
Paul Nitze alleges Soviet SALT negotiators included KGB officers and used espionage to influence talks at Helsinki New Mexico speech says Nixon fostered secrecy and undermined the U.S. delegation. He details monitoring of U S offices, spies posing as officials, and attempts to sway individual negotiators.
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High Court Voids Nixon Impounding
The Supreme Court unanimously ruled Nixon exceeded authority by withholding funds for pollution control, voiding impoundments of up to nine billion dollars. It held Congress could control future impoundments, noting the act aimed to commit substantial sums within a short period to address urgent problems.
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