Oil pipeline bill cleared after five weeks of talks
A House-Senate panel approved a compromise Trans-Alaska pipeline bill authorizing a 724 mile project from North Slope oil to Valdez with a 4 billion cost and a 100 million environmental damages fund funded by a 4 percent per barrel surcharge. The measure includes FTC power to pursue deceptive practices and directs Interior to grant right of way to the Alaska Pipeline Service Co. Experts say North Slope holds about 10 billion barrels. next seven years may yield 2 million barrels daily.
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Tunney Urges Study on Tapping Navy Oil Reserve
Senator John Tunney proposes a study on tapping a large Navy oil reserve to ease the national shortage. He and House Armed Services Democrats oppose using the Nixon plan to pump oil from the California Alaskan fields and push for Navy and military allocations, raising concerns over pipeline use and utility needs.
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FTC probes funeral homes in nationwide anti trust inquiry
In Sacramento UPI report, Federal Trade Commission chair Lewis A. Engman announced a probe into funeral homes. The inquiry aims to assess competition among 74 firms in the capital, with potential spread to other cities and possible antitrust violations and regulatory needs.
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Stennis pushes CIA controls to curb covert actions
Senator John Stennis proposes a CIA charter to confine operations to domestic intelligence, personnel checks, and foreign intelligence support while barring influence over covert forces like Laos arms programs. He cites Ellsberg and Symington hearings and aims to prevent the agency from waging private wars.
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Watergate probe studies Hughes gift records
Senate Watergate committee investigators study Charles Rebozo’s bank records to trace 1000000 cash contributions from Hughes. Probers Carmine & Helling work on the Rebozo link and reconstruct his holdings, with records said to come from his Key Biscayne bank.
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Charles G. ‘Bebo Rehoee
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Rebuza
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Internal Revenue Service
John Dean pleads guilty to Watergate conspiracy
John W. Dean former White House counsel pleaded guilty to a single conspiracy count in the Watergate cover-up. He testified Nixon likely knew of the scheme and faced up to five years in prison and a ten thousand dollar fine. Sentencing postponed.
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UPI
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Sinica
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Archibald Cay
Ex Nixon economist slams wage controls as unfair
Former Nixon era economist Arnold Weber tells Congress the wage controls favor unionized workers over the 63 million nonunion workers. He cautions current Stabilization Council limits hinder nonunion pay rises needed to keep pace with inflation. He criticizes recent settlements and warns against rigid controls that ignore inequities across industries.
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Hunlop
Iis
Weber
Varig
Pithadelphia
Wharton School of Finance
Ineesaa
Iech
Mechtin Alam
Helen
Bovin
School lunch bill delayed in Senate vote clash
Washington DC the House refused to extend a higher free lunch subsidy for needy schoolchildren stalling final congressional approval. The Democratic backed Senate amendment failed 218 to 13 delaying the compromise bill that would aid New York New Jersey Rhodesia and Maryland as the Senate heads into a four day Veterans Day recess.
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House
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South Africa Not At War Rumor Clarified
A garbled clipping claims South Africa is not at war and suggests confusion over involvement in a Middle East conflict. The readable text hints at political misstatement and possible external pressure, with no concrete event or official confirmation.
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South Africa
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