Administration Seeks Senate Edits On Tax Reform Oil Depletion Targeted
The Nixon administration backs tax reform but will push Senate changes especially on oil depletion allowances and mineral taxes. Treasury officials warn about minimum tax base, intangible drilling costs, and broader oil taxation. House moves include extending the 10 percent surcharge, with Mills predicting easy passage despite Senate hurdles.
MENTIONED IN THIS ARTICLE
Washington
API
Nixon
Senate
Treasury Department
House
Ways and Means Committee
Walker
Cohen
Lincoln Fair and Rodeo Set for Caliente Weekend
The Fourth Annual Lincoln County Fair and Rodeo at Caliente features a live stock and horse show plus exhibits. Sagebrush Riders Club presents rodeo events including bareback and bull riding calf and team roping and barrel racing. Entries due Friday. Exhibits cover paintings produce foods crafts rock and arrowhead collections and more.
MENTIONED IN THIS ARTICLE
Lincoln County
Caliente
The
Sagebrush Riders Club
Mr. Peanut Langley Retires From Texas Station After 40 Years
B C Langley known as Mr Peanut retires after four decades with the Texas Agricultural Experiment Station. He developed the Star Spanish peanut now grown on about 80 percent of Texas peanut farms.
MENTIONED IN THIS ARTICLE
College Station, Tex
UPI
B. C. Langley
Mr. Peanut
Texas Agricultural Department Experiment Station
Langley
Texas
U.S
Las Vegas
Arab economic war framed as crucial front
Egyptian Defense Minister Mohamed Fawzi declared the Arab boycott of Israel a major front alongside military action. In Alexandria he said the push to force Western states to halt trade with Israel weakens its industry and poses raw material problems. Jordan reported Israeli fire wounded a civilian near the Sea of Galilee while two Arab guerrillas were killed in the Mandassa Bridge area.
MENTIONED IN THIS ARTICLE
United Press International
Mohamed Fawzi
Israel
Fawzi
Alexandria
Mediterranean Sea
United States
Mideast
Jordan Valley
Jordan
Sea of Galilee
Middle East
Bureau
Mohamed Ahmed Mahgoub
Britain
Italy
Mahgoub
Amman
Ash-Shuna
Tel Aviv
Mandassa
Dead Sea
Also Mentioned on This Page
Richard Nixon
Otopeni
Bucharest
London
Harold Wilson
UP Telephoto
Treasury
Charles E. Walker
Edwin S. Cohen
Senate Finance Committee
Ways and
Savings and Loan Associations
Wilbur D. Mills
D-Ark
Mills
Russell B. Long
Dla
Farmer's Daughter
Famous
Farmer's Mec
Cesty City
Sunset Strip
Shire Bivd
S. Fairfax Ave
Lincoln Fair
Culotte
Jack Slote
Second Mideast
Nevada
Carey
Charleston
America
West
Charleston Blvd
Decatur
East
Maryland Parkway
Las Vegas Blvd
Desert Inn Rd