FPC “Axed Cheap Gas” Sparks Regulatory Debate
Washington AP report details how the Federal Power Commission blocked several domestic gas sales while approving costly foreign imports. Rush Moody, FPC vice chairman, denounced rate decisions as regulatory capriciousness and cited multiple emergency imports to foreign sources at high prices, contrasting them with cheaper domestic gas rejected by the commission. Moody's dissents criticized inconsistent energy policy and consumer protection.
MENTIONED IN THIS ARTICLE
Washington
U. S
Federal Power Commission
Commission
Rush Moody
FPC
Moody
Tennaco Oil Co
Houston
Northern
Tennaco
Simon Opens Door to Oil Price Rollback Plans
Federal Energy Administrator William Simon signaled openness to rolling back oil prices if the move does not harm the petroleum industry. He voiced support for reasonable levels and warned against actions that would hurt smaller oil companies. He noted near term gasoline supply would worsen despite some conservation gains.
MENTIONED IN THIS ARTICLE
Simon
Jackson
Federal Energy Office
Yank Held By Chinese In Paracel Islands Battle
The State Department said Gerald Kosh, an American civilian defense department employee, is in Communist Chinese hands following the Paracel Islands battle.
MENTIONED IN THIS ARTICLE
Washington
State Department
Gerald Kosh
Defense Department
Paracel Islands
Tax Exemption On Food Proposed By Iowa Senate Panel
DES MOINES AP The senate ways and means committee sent a bill to exempt most grocery foods and prescription drugs from the 3 percent state sales tax. The committee approved the bill 10 to 1, projecting about 32 million dollars in annual savings for taxpayers. The measure aligns with Gov. Robert Ray's agenda.
MENTIONED IN THIS ARTICLE
Des Moines
Senate
Ways and Means Committee
Robert Ray
Rebozo Tops Bugging Panel Witness List
Washington reports Charles Bebe Rebozo, close Nixon ally, will be among witnesses for the Senate Watergate committee's next hearings on a $100000 Hughes contribution. Colson will not testify. Hearings resume next Tuesday as staff trims the witness list. Nixon declines to meet the panel in person. White House memos show milk price promises and deliveries. House Judiciary Chair Rodine says Jaworski won’t obstruct impeachment inquiry.
MENTIONED IN THIS ARTICLE
Washington
UPI
Charles ‘Bebe’ Rebozo
Nixon
Senate Watergate Committee
Charles Colson
Sam Dash
Rebozo
Howard Hughes
Dave _ Dorsen
Colson
White House
Watergate Committee
Dorsen
Ziegler
Ralph Nader
H. R. Haldeman
Gordon Strachan
Peter Rodine
D-N.j
House
Judiciary Committee
John Doar
Leon Jaworski
Prophylactic VD Bills Sent to Ray Governor
Bills to allow vending machine sales of prophylactics and venereal disease treatment of youths without parental consent have been sent to Gov. Robert Ray after the senate agreed with house amendments by a 37 to 3 vote. The prophylactics bill previously passed the senate and the house deleted a section of the obscenity law while approving treatment for under 16 without parental notification.
MENTIONED IN THIS ARTICLE
Des Moines
Robert Ray
Senate
House
Ray
Iowa
Fire at Cedar Rapids home kills 88 year old resident
John C. Hinrichs, 88, was found dead after a fire started in a chair at his residence 128 Seventeenth Street SW. Fire officials cited inhalation of superheated air as the likely cause. Hinrichs, who lived alone, apparently tried to extinguish the blaze before assistance arrived. The fire damaged only the chair and the floor.
MENTIONED IN THIS ARTICLE
Seventeenth Street
John C. Hinrichs
Hinrichs
John
Cedar Rapids
Edsel McMickle
Senate Backs Tax Cut Amendment Then Sends Bill Back
The senate overwhelmingly approved a tax cut amendment raising personal and dependent exemptions from 750 to 850 for 1973, but declined final passage and sent the bill to the finance committee for study. The measure, supported by Sen. Kennedy, would save about 3.5 billion annually but faced House uncertainty and executive opposition. The chamber also accepted a separate elderly tax relief proposal, and a motion to return the bill to committee passed 53 to 27.
MENTIONED IN THIS ARTICLE
Washington
Senate
Finance Committee
Sen
Kennedy
D-Mass
House
Capitol
Senator Long
D-La
Long
Church
D-Idaho
Byrd
Ind.-Va
Death Toll Rises to 44 in Phnom Penh Shelling
Insurgents shelled Phnom Penh and Pochentong airport citywide, raising the toll to 44 killed and 117 wounded from Thursday night's artillery attack. Khmer Rouge forces reportedly possess captured American howitzers near Prek Thaot river, with gunfire hitting a crowded housing area near the president’s palace. The city has faced near daily shelling since December as government lines shift on a widening front.
MENTIONED IN THIS ARTICLE
Phnom Penh
Cambodia
Prek Thaot River
Lon Nol
Khmer Rouge
Pot Weakens Disease Defense by Alton Blakeslee
A Columbia University medical team reports regular marijuana use weakens body defenses against disease. Study of 51 marijuana users and 81 nonusers shows white blood cells, notably T lymphocytes, interact less with foreign substances and divide 40 percent less after exposure to PHA. Findings raise questions about long term effects on offspring and urge review of policy conclusions.
MENTIONED IN THIS ARTICLE
New York
Columbia University
College of Physicians and Surgeons
Gabriel Nahas
National Commission On Marijuana
Today's Chuckle The first thing a new secre tary types is the boss
A light humor item notes a secretary’s first typed line to the boss. A single pun or quip captures a moment of office wit in a compact humor snippet.
Britain Keeps 3 Day Week Amid Coal Strike Threat
London AP says the government rejected plans for a full return to work and will maintain a three day work week. Energy Minister Patrick Jenkin warned electricity should be conserved at home to keep industry running. The National Union of Mineworkers voted 16 to 10 to recommend a national strike among 280,000 members, adding pressure on power station coal supplies.
MENTIONED IN THIS ARTICLE
London
Patrick Jenkin
House of Commons
National Union of Mineworkers
Bowling Alley in Marion Destroyed by Early Morning Fire
Larry Tanner and James raged through Marion Bowl at 3465 Seventh Avenue early Friday, causing about $500,000 in damage to a 248 by 200 foot metal building. Smoke poured from ruins as Marion and Cedar Rapids firefighters fought the blaze. no injuries reported. Building owners expect possible rebuild plans, with losses estimated above $450,000 to $500,000.
MENTIONED IN THIS ARTICLE
James
Marion Bowl
Seventh Avenue
Marion
Cedar Rapids
Wheat import curbs lifted by Nixon proclamation
President Nixon on Friday lifted for five months curbs on wheat imports in a move the White House said would stabilize prices. By proclamation, he suspended from Saturday through June 30 an annual quota limiting imports to 800,000 bushels of wheat and milled wheat products.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
Also Mentioned on This Page
Lia
Tenneco
Eric Zausner
House Public Lands Subcommittee
Today's Index
Farm Financial
C.R. Man
Cedar Rapids News
Pochentong
By Alton Blakeslee
Britain
By Larry Tanner
Ralph Gordon
the Gazette
James Reynolds
City of
Vernon Blietz
Gordon and
Henry Katz
Kay and Ess Corp
Gordon
Katz
Marion Volunteer Firemen
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