28 Aug 1975
Page 1
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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Aug 28, 1975
Page
1
Washington AP report says talks remain hopeful for a compromise between President Ford and Congress on oil price decontrol. Ford intends to veto a six month extension. Senate leaders plan further discussions before Aug. 31 expiry. Mansfield offered possible suggestions to aid reaching agreement.
The article recounts IRA bombing campaigns on the British mainland with tavern attacks near bases, detailing Guildford Woolwich and Birmingham incidents that killed 51 and wounded 598. It also covers oil allocation expiry, Staggers warning of price spikes, and a White House plan for a governors conference on gas shortages plus New York convention planning remarks by Beame and Brown.
In Rome the Technicolor vaults were broken into between August 14 and 18, stealing negatives for Federico Fellini Casanova and two other films, including Pasolini Salo and Damiani A Genius Two Friends and a Fool. Production losses run to millions. replacements may use unused footage but may fail artistically.
In Lisbon a 35,000 strong Communist led crowd cheered leftist Premier Vasco Goncalves while jeering President Francisco da Costa Gomes as he urged tolerance, saying no society can be built on hate.
News from Addis Ababa reports the deposition of Haile Selassie after a Sept. 12 military decree amid a coup. The 49- year reign ended after a complex power struggle with the leftist government and Costa Gomes's disputed authority. Reactions in rural Ethiopia are muted, though peasants who once revered the emperor may feel a deeper impact.
The Federal Home Loan Bank Board reported $2.9 billion more deposits than withdrawals in July at federally insured savings and loan institutions, the 10th straight monthly advance signaling easier access to home loans despite high interest rates. In Porto, Portugal, 50,000 Socialists rallied against Goncalves, demanding his removal while he and Costa Gomes spoke amid jeers. Political factions press for change as rightist and military elements worry over a possible Communist takeover.
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