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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jan 24, 1975
Page
1
President Ford challenged the Democratic led 4th Congress by signing an order to raise tariffs on imported oil and urging lawmakers to craft a stronger energy program. He proclaimed that the nation has diddled and dawdled long enough.
Ford announced a three cent per gallon gasoline price rise as part of a three dollar per barrel oil import tariff starting April 1. Democrats in both houses sought to block the move and require gasoline rationing instead to prevent higher pump prices.
President Ford told the nation he would not discuss specific military contingency plans in response to possible cuts by foreign oil producers. He warned of a serious danger of war in the Middle East while urging resolve and steady action to protect the U.S. economy and security.
President Ford defends tariffs on foreign oil imports and urges rapid congressional action on his economic plan. In a White House interview with NBC, he warns against threats to U.S. economy, saying the public must be reassured America will not be strangled to death.
The Assembly approved a bill to repeal the 22 per cent oil depletion allowance, increasing state revenues by about 45 million. The measure passed 57 to 17 and moves to the Senate. Supporters say it closes a tax gap. opponents warn it will cost jobs and push investment to other states.
Ruchell Magee, 35, received a life term for aggravated kidnapping connected to the 1970 Marin County Courthouse escape attempt that left four dead. He shouted insults at Angela Davis as protesters at Santa Clara County Courthouse protested.
UPI reports four major automakers show early January sales up 41 percent as rebates of 200 to 600 dollars help blunt the postwar slump. Chrysler leads gains with an 89 percent jump in the first 10 days, GM up 4 percent, Ford down 12 percent, American Motors up 35 percent. IRS says rebates are tax free, while AMC announces 450 layoffs amid ongoing slump.
Deputies issued an all-points bulletin for two young men who abducted a 15 year old Temple City girl, raped her in the mountains, beat her and threatened to kill her before releasing her near home in fair condition at San Gabriel Community Hospital.
StarKist Foods Inc. will shut its Terminal Island cannery for three weeks starting Monday. About 1,700 workers will be furloughed during the shutdown according to Steig Osman, vice president of operations.
Secretary of State Henry Kissinger will meet former President Richard Nixon at Nixon’s San Clemente home this weekend. Kissinger traveled to California Thursday for a World Affairs Council speech and visits with friends in Palm Springs. The State Department cited their long relationship as the reason for the visit.
President Ford said he is not bothered by claims he lacks the intellect for the presidency. He cited his Yale Law School and Michigan grades to argue many people are likely “much dumber.” He added he feels secure in his ability to do the job and acknowledged wondering how his rise happened.
Washington UPI reports Treasury Secretary William Simon asked Congress to raise the debt ceiling from 495 billion to 531 billion through June 30 1976 and to 604 billion for fiscal 1976. The committee criticized the size while lawmakers considered linking an oil tariff bill to the debt hike.
Structural upheaval in Greece threatens shipowner Aristotle Onassis as a new regime grapples with a mounting fuel shortage and economic turmoil. Officials signal shifts in control of energy policy and strategic industries.
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