17 Feb 1975
Page 1
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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Feb 17, 1975
Page
1
A two year study concludes U S oil and gas reserves are overstated by at least twofold and new discoveries won't close the gap between production and consumption. It calls for a national oil rationing program and argues heavy industry should return to coal fired boilers to reduce reliance on petroleum.
Belgrade radio reports that the 1972 world championship between Bobby Fischer and Anatoly Karpov will be played in Manila. Dr Max Euwe told Svetozar Gligoric that Manila offered a $5 million purse, while Milan’s bid was $400,000.
President Ford mounts a face to face push for energy and economic programs, hosting dinners and receptions for lawmakers at the White House and traveling to Georgia Texas Kansas and New York to rally support. Senate action on a House backed oil tariff delay and tax cut plans proceed as critics warn of inflation recession and unemployment. Ford golfed over the weekend with corporate executives and attended church with daughter Susan while First Lady Betty Ford rested at home.
Sen. Lloyd M. Bentsen Jr. becomes the fifth formal entrant in the 1976 Democratic presidential race. He vows leadership grounded in economic recovery and personal experience in business and government. He criticizes Kissinger’s policies and the Reagan administration while outlining plans for jobs, diverse opportunity, and a balanced foreign policy.
Cambodian government forces pursuing a Mekong supply route to Phnom Penh were driven from the west bank at Peam Raing, while Khmer Rouge attacks and mine dangers hindered convoys. The setback followed heavy fighting, casualties, and a major rice loss in Mong Russei. An American airlift to supply Phnom Penh continued amid funding issues.
Venus and Jupiter will appear as a double star after sunset in the western sky. The conjunction will be visible for about two hours in most states, with a tiny gap between the planets though they are about 404 million miles apart. The Griffith Observatory notes the pair will drift apart but remain a vivid sight for several days.
Geneva talks follow a 3 hour session with sharp disagreements on several points. Kissinger termed the atmosphere constructive as SALT rounds resume with aims to sign a treaty by Brezhnev's U.S. visit. Israel and Egypt discuss further withdrawals and concessions amid Middle East diplomacy.
Hope Police report two additional minors have been arrested in connection with four robberies over the past year. The incidents targeted Countryside Yamaha, Porter Implement, and Fleet Tire Service. County and city officers carried out the latest arrests.
Washington AP reports Postmaster General Bailor says first class stamps could rise from 10 to 12 or 13 cents by year end as costs surge. He cites deficits, subsidies, and inflation while forecasting tense talks with postal workers and a potential end to air mail within the United States.
The AFL-CIO aims to push Congress for another minimum wage increase to aid workers facing inflation. They cite a 5.4 percent loss in purchasing power last year and note current steps raise the wage to 2.10 by Jan 1 1975 and to 2.30 by Jan 1 1977, while prices climb. The executive council meeting in Miami Beach will shape this push as part of a broader labor economic program.
LITTLE ROCK AP The 70th Arkansas General Assembly enters week six with two controversial measures pending in the House the ERA ratification and Rep Bobby Glovers loyalty oath bill The House committee on state agencies and governmental affairs will reconvene Wednesday after a brief discussion last week A measure on collective bargaining for public employees and for public school teachers was largely settled in the chambers with limited passage prospects Meanwhile Southern State College Magnolia to El Dorado branch campus and Camden operation moved forward as did a Crittenden County community college branch for Arkansas State University The fate of Pryors broader education agenda remains uncertain.
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