Telegram opinion on profits and oil taxes
Opinion column argues against higher taxes on oil firms and against eliminating depletion allowances. It warns removal would curb exploration, raise prices for distant customers, and reduce supply while profits incentivize production. The piece cites William Simon and critiques emotional calls for regulation.
The Itch to Rule and the Worker Capitalist Debate
The essay argues savers who invest profits in stocks become capitalists and fund jobs, while socialists label them exploiters. It claims in a free market the worker and capitalist are often the same person and questions who is truly exploited. It contends socialism appeals to envy and elites and lacks worker solidarity.
MENTIONED IN THIS ARTICLE
Porto
America
Priests and Horses at Monmouth Park Race Day
A priest in attendance at Gulfstream and Monmouth Park recalls visiting the track after 14 years, noting the beauty of the grounds and the temptation of signage and tips. Bets on Highland Morn Strong Son and Kildepper Lady unfold as the priest and companions weigh wagers amid field glasses and racing chatter.
MENTIONED IN THIS ARTICLE
Monmouth Park
Sore Jose
Kelly
Gulfstream
Joseph Kerr
Perth Amboy
Rene St. Lott
Game Alibhai
Strong Son
Kerr
Game Atbhai
Kildepper
Gene St. Leon
Jess
Walker
Dike Number Four
Horses at the track Redden Father Kerr and a broken horse
A tale at the track follows Father Kerr and Kelly as they bet on horses including Euphoric and Last Saint. Prince Terrell breaks from the gate and suffers a leg injury while Sturdy Steelmon and Stanley the Creal miss wins.
MENTIONED IN THIS ARTICLE
Father Kerr
Ile
Stanley the Great
Stanley
Father
Perth Amboy
Creal
Kerr
Gene St. Leon
St. Jude
Prince Terrell
Maley Kerr
Iran and Persia Terms in Crossed Writings and Names
A fragmentary OCR style notice lists varied terms such as Iran, Persia, River, Spanish river, Amst, Aaconsitian, creature jaeeneay, 85, Traps, Fishholks, Yotia tear, 8Spirded horse, 22 hmepist, 25Frovarication, 30 Capraol brag, SAweigh, Yoroastrian rout, Dower, wartime partners, French revolutionary, Falge, Winter vehicle, Niranianesport, Zola heroine, Nead covering, $2, Medicinal. The text appears to mix names, places, and odd phrases with no coherent narrative.
MENTIONED IN THIS ARTICLE
Syria
Express
Persia
Eins AG Expreurank
Saweigh
Niranianesport
Zola
Fragmented OCR Noron Text Teased With Names and Numbers
Fragmentary OCR passage mentions a poet and various terms and numbers not forming a clear event. Entities include Valtey, Pahang, World War II, and several odd spellings. The readable portion lacks a coherent narrative or identifiable news item to summarize.
MENTIONED IN THIS ARTICLE
Valtey
I LLC
Bonudénee
Pahang
Gennan Coun
Ganion
World oil tensions hinge on money and power, not supply
Walter Levy, longtime petroleum analyst and consultant to nations and oil giants, warns that OPEC’s control of oil profits risks a massive wealth transfer. He notes weak tech and military gaps in exporting nations, arguing Western resolve is key to avoid destabilizing the world economy.
MENTIONED IN THIS ARTICLE
Walter 0. Levy
State Department
Shah of Law
Washington
Organization of Petroleum Exporting Countries
OPEC
Iran
Venezuela
West
France
America
Japan
Arabian Desert
Soviet Union
Levy
Fiat
Oil risk from Arab oil exporters reshapes Western energy plans
The piece warns that surplus oil funds could empower oil exporting nations to disrupt Western economies within years. It cites estimates of 42 billion dollars in one year and compares Western gold and forex reserves. It calls for gradual corrective measures including North Sea drilling, pipelines, coal gasification, alcohol fuels, and atomic energy.
MENTIONED IN THIS ARTICLE
Brig
Levy
Western Europe
NATO
France
Nely
Belgium
Britain
West Germany
Christopher Emmet
U.S
Washington
North Sea
Arctic
Alaska
Japan
Dante Drew
Jim Hisk
Wall Street
Brittle diabetes mystery baffling insulin reactions
Dear Dr. Lamb explains a long term diabetic patient with erratic sugar readings and insulin reactions. Dr suggests potential kidney or bladder issues causing urine sugar independent of blood sugar, advises urologist evaluation for urinary retention and bladder emptying, plus possible kidney function tests and careful insulin adjustments.
MENTIONED IN THIS ARTICLE
Lawrence E. Lamb
M.D
Dr. Lamb
Pius
Social Security Takes On Welfare Roles In New Era
Social Security, now administering aid to the aged, blind and disabled, has 3.1 million on rolls and expects $385 million in February payments. Delays and misunderstandings arise as offices face non-clients and the complex shift from state programs. Drug addicts classified as disabled await medical proof and treatment agreements, with payments via representative payees. Weekly applicant totals rise toward 100,000, and approval rates hover around two thirds, underscoring growing challenges to the agency’s celebrated efficiency.
MENTIONED IN THIS ARTICLE
Social Security
Congress
New York
California
States Rand
Pentagon
New York City
No-Man’s-Land
James Cardwell
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Doctor
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Butch