Committee Drafts Tighter Tax Controls Aimed at Oil
Washington AP The House Ways and Means Committee is drafting tougher oil industry tax rules as part of a broader reform bill aimed for passage before the August recess. The draft targets methods that reduce taxes by treating them as loans rather than sales, potentially shrinking the 27 percent depletion allowance.
MENTIONED IN THIS ARTICLE
Washington
House ‘Ways and Means
Internal Revenue Code
House
ABC
Senate
Senate Finance Committee
Docking Proposes Kansas Paraguay Partnership Plan
Gov. Robert Docking outlined Kansas Paraguay partnership aims before the House Foreign Affairs Committee after a Latin American trade mission. He urged private enterprise involvement, detailed aid gifts, and joint development programs with a 1968 AID Alliance framework.
MENTIONED IN THIS ARTICLE
Washington
Robert Docking
Kansas
Paraguay
House Foreign Affairs Committee
Docking
Latin America
Argentina
Brazil
House Committee
State
Agency For International Development and Alliance
Vietnam Returnee Shot By Unknown Assailant
Major Ervin A. Cogdell 33 a bomber pilot recently returned from 11 months in Vietnam was shot in both legs by an unknown assailant. He is in satisfactory condition at a Tulsa hospital. A .22 caliber bullet pierced his right leg and lodged behind the left kneecap. Cogdell said he does not know the shooter or motive. He arrived at Tulsa International Airport Wednesday and had just flown a B 52 for repairs.
MENTIONED IN THIS ARTICLE
Tulsa
Air Force
Vietnam
Cogdell
Tulsa International
High Speed Crash Kills Kansas City Man
In Kansas City an 18 year old, Herman Baker, died when a car speeding on a narrow street crashed into a parked vehicle. The driver Alexander Haynes, 23, and two passengers Lula Gipson 18 and Janette Harvey 16 were injured as police arriving within seconds noted the high speed.
MENTIONED IN THIS ARTICLE
Kansas City
Herman Baker
Alexander Haynes
Lula Gipson
Janette Harvey
Neighbors Rescue Firemen from Burning Wilmington Building
In Wilmington, Delaware, neighbors rescued several firemen trapped on the second floor of a blaze. Firemen, entering to check for occupants, became trapped. neighbors fetched a ladder from a nearby building to save them.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Contractors to Start Strike Insurance Fund
The Associated General Contractors of America began a strike insurance program for about 9 000 members. Lloyds of London underwrites the policy written by Arch Insurance Co. Coverage pays a struck contractor 100 000 dollars a day for up to 60 working days. Effective Jan 1 1970 for five years.
MENTIONED IN THIS ARTICLE
Detroit
Associated General Contractors of America
William E. Stewart
Association
Stewart
Lloyd’s of London
Arch Insurance Co
Bermuda
British West Indies
Wife posts humorous “Husband for sale” ad in newsstand
Eva Brunsdon of Tunbridge Wells placed a playful notice in her shop window offering her husband Harry for sale. The 48 year old civil servant was described as part worn but good looking with no gray hairs and humorously said she would not accept any offer, not even a million pounds.
MENTIONED IN THIS ARTICLE
Tunbridge Wells
England
Eva Brunsdon
Harry
GIs Face Inflation as PX Prices Rise Nationwide
Soldiers hit by pay increases of 12.5 percent find savings eroded by higher PX prices. An Army and Air Force Exchange Service spokesman says hikes were planned and tied to a $90 million debt from the Vietnam buildup. Coffee, hamburgers, milk shakes, and beer costs climb, with the largest impact on lower paid enlisted men.
MENTIONED IN THIS ARTICLE
Army
Air Force Exchange Service
Vietnam
Mess Hall
Nixon
Two Air Force Trainee Pilots Die In Oklahoma Jet Crash
An AP report states two Vance Air Force Base fliers were killed when their T38 jet trainer crashed near McDonnell Air Force Base while practicing landings. Victims Maj. Phillip A. Redpath 41 of Vance AFB and 2nd Lt. Orvis 22 of Magnolia Delaware were identified by Vance officials.
MENTIONED IN THIS ARTICLE
Wichita
Vance Air Force Base
Oklahoma
McDonnell Air Force Base
Vance Afb
Phillip A. Redpath
Vance
I Orvis
Magnolia
Del
Also Mentioned on This Page
Ervin A. Cogdell
Cleveland
Ohio
Larry Wiehle
United States Air Force Band
Arnold Gabriel
Field House
University Theatre
43Rd and Euclid
Ca Ayutear
Capitol Federal Savings and Loan
Els-Rugs Accessores
Ramada Inn
Fine Wines
Scotts
Scotts Cope Plus
Cope
Pence Garden Center
New York
Mae
U.S
Change Service
Choice
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