FPCs Gas Price Rules Spark Controversy and Delays
Washington AP notes the Federal Power Commission rejected many proposed domestic gas sales, keeping foreign supplies costly. Moody, FPC vice chairman, decried “regulatory capriciousness” while dissents challenged rate practices. The agency approved higher prices for imports, with domestic prices rising for consumers. Moody questioned the logic of shifting to higher domestic rates amid emergency imports. The piece mentions a denied demand by Tenace Oil Co. to sell gas to Northern Natural Gas Co. with a proposed 47 cents rate versus a 21.5 cent ceiling.
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Yank Held By Chinese
Washington AP dispatch reports the state department says a missing American ally is held by Chinese authorities. The situation centers on Gerald Kost and the Tireel Trusteds alliance, with calls for clarification from U.S. officials.
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Oil price rollbacks prompt senate debate
Washington officials clash over gasoline pricing as Senator Henry Jackson pushes to roll back prices to December 1 levels. Energy chief Simon cautions smaller oil firms may suffer, while conservation efforts are urged amid concerns of tightening supply and rising demand.
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Tax Exemption On Food Gains and Watergate Witness List
Washington reports ongoing debates over a tax exemption on food and the Watergate witness list. Rebozo tops the panel list for the first week hearings while Colson is excluded. hearings resume Tuesday with Dorsen stating Colson would not be summoned. The bill to exempt most food items from the sales tax draws White House opposition as Nixon aides refuse direct testimony.
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Bebe” Rebozo
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Prophylactics and Venereal Disease Bills Sent to Ray
DES MOINES AP Bills to curb vending machine sales of prophylactics and to regulate treatment of venereal disease in youths moved from the Senate to Governor Ray after House amendments. The measures, previously passed by the Senate, would alter sections of the Town obscenity law and require parental notice for treatment of minors. The Senate caucused over a final amendment to the bills as Ray awaited action.
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Fire Claims Life of 88YearOld Man at Seventeenth Street Home
Cedar Rapids report says John C Hut]quis, 88, died in a Thursday fire at his residence on Seventeenth Street. Officials suspect inhalation of superheated air. fire confined to chair and floor near hall. John Miovichs Jr. discovered the blaze as he checked on his father. Chief McMickle noted an unsuccessful effort to extinguish the fire.
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Death toll climbs from Phnom Penh shelling to 44
Insurgents shelled Phnom Penh's airport as the capital suffered a Thursday night artillery assault. The confirmed deaths rose to 44 with 117 wounded, including a girl reportedly among the casualties. Additional shells Friday caused further killings and injuries around Pocherlong airport area.
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Tax cut rider prompts Senate delay on bill
In Washington the Senate narrowly backed a tax cut amendment to a revenue bill but delayed final action. The Kennedy proposal would raise personal exemptions to 750 and shield many from higher taxes for 1973, with supporters urging committee study before a vote.
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Britain Maintains Three Day Week Amid Coal Strike Threat
London AP reports the government ruled out a quick return to fulltime work and kept industry on a three day schedule. Minister Patrick Jenkin argued electricity must be conserved at home for heavy industry as nationwide coal strike threats grow. The National Union of Mineworkers executive voted 16 to 10 to consider a national strike, a development that adds pressure on energy supplies and government policy.
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Todays Chuckle The First Thing A Nu W Suenes
A fragmented caption in playful style hints at a joke about a new scene and a busy person. It reads oddly but suggests a lighthearted item for the paper’s humor column.
Bowling Alley Destroyed by Large Marion Fire
A major fire gutted the bowling alley at 3485 Seventh Ave NE in Marion early Friday, risking about 500000 in Helenake. Firefighters saved the nearby Edge Auto and wool Cycle Sales building, with no injuries reported. Proprieter Ralph Garden described the final loss as possibly over 456000, and he pondered rebuilding locally.
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Wheat import curbs lifted by Nixon proclamation
Nixon signed a five month proclamation lifting, from Saturday through June, annual wheat import quotas aimed at stabilizing prices. The move allows imports up to 80,000 pounds of white wheat during the period, according to the White House.
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