Ford rejects rationing and vows veto on energy plan
President Ford told a national audience he would veto any mandatory gasoline rationing and urged quick congressional action on his energy and economic package. He announced a tariff plan for crude oil imports starting at 1 per barrel Feb 1 rising to 3 by Apr 1 and asked for $300 million more in military aid for South Vietnam.
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Ford
Congress
South Vietnam
Middle East
Israel
United States
al Ullman
House
Ways and Means Committee
Edward Kennedy
Massachusetts
Henry Jackson
Washington State
Record 1974 inflation highest in peacetime history
The Labor Department reports a 12.2 percent rise in the cost of living for 1974, the sharpest peacetime increase since 1913. Despite higher prices, some relief comes as December inflation slowed to seven tenths of 1 percent and real spendable earnings for the average married worker with three dependents rose slightly.
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Long Beach
Los Angeles
Southland
Labor Department
Bureau of Labor Statistics
California
Senate Majority Blocks Ford Social Security Increase Cap
A bipartisan Senate majority opposes Ford's plan to cap the July Social Security cost of living rise at 5 percent. Fifty-one senators introduced a resolution declaring no chance the 5 percent ceiling will pass and that no law should set a cap on benefits. The July increase is projected near 9 percent.
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UPI
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Ford
Congress
Young girl receives first pacemaker surgery in Long Beach
At Long Beach Children's Hospital a two day old girl, Alisa Marie Dixon, was implanted with a tiny Yo Yo shaped pacemaker to treat complete heart block and congenital defects. Doctors Wright and Wittner say the device, half the size of a conventional Yo Yo, wires to the heart and will grow with the patient.
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L.B
Long Beach Children’s Hospital
Alisa Marie Dixon
Alisa Marie
Clay A. Dixon
Taper Ave
San Pedro
Earl and
Loraine Miller
Philip W. Wright
Richard Wittner
Wittner
Kelley confirms FBI files on lawmakers exist
Director Clarence Kelley acknowledged the FBI keeps records on Congress members but said they were not used to intimidate or influence actions. Rep. Don Edwards raised the issue of prior denial and demanded testimony next week about reports the files probe personal aspects of lawmakers. The FBI spokesman noted data often concerns loyalty or character.
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Washington
UPD
Clarence Kelley
FBI
Don Edwards
Calif
Kelley
Congress
Edwards
Jerome Waldie
D-Calif
Federal Bureau of Investigation
Senate to form select panel on CIA and intelligence
The Senate moved toward creating an 11 member select committee to investigate the CIA and other intelligence agencies including the FBI. Sen. Pastore introduced the resolution with a vote set for next Monday. Officials said Colson told two senators about alleged White House tapes and envelopes to a CIA officer, but no independent confirmation was found.
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Washington
Senate
Central Intelligence Agency
FBI
John O. Pastore
D-R.i
Majority
Mike
Pastore
CIA
Barry Goldwater
R-Ariz
AMC Joins Rebates Amid Auto Industry Price Push
American Motors cuts a wide rebates package as part of a broader industry shift. AMC offers 200 to 600 dollar rebates on various models, deducts 99 dollar extended warranty cost, and runs Jan 21 to Feb 28. General Motors and Chrysler also roll out incentives with similar ranges.
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Detroit
UPI
American Motors
AMC
General Motors
Chrysler Corp
Ford Motor Co
Oleg Cassini
Chrysler
Ford
Controller accuses seven oil majors of cheating state
Page A-7 reports Controller Cory charges seven major oil companies with cheating the state and consumers amid calls for stricter oversight. The allegations center on improper practices affecting pricing and market fairness. Page A-6 mentions a ban sought on hiring of illegal aliens, signaling broader labor and regulatory concerns.
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Cory
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