Omnibus Railroad Aid Bill Advances After Amendments
The House Commerce Committee approved a $6.4 billion omnibus rail aid bill and sent it to the House floor to avoid a veto threat. It would reorganize seven Northeastern railroads with federal aid and update reimbursement rules while cutting $1 billion from the original measure. Ford opposed terms and demanded a $422 million valuation, but the panel’s compromise lets a reorganizations court weigh value, considering the $422 million figure. The Senate has a similar bill at $8.5 billion. conference talks will follow.
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Christmas Stamps Without Denominations Raise Postal Questions
The 1974 Christmas stamps lack monetary denominations causing potential mail issues since Universal Postal Union rules require a value. The Postal Service chose no denomination awaiting holiday rates and may rely on prevailing first class rates at sale. A spokeswoman notes they consulted UPU members about accepting such stamps. Americans spent more than $5 billion on dental care in 1974.
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Israelis To Get First U.S. F15 Fighters In 18 Months
Washington reports that Israel will receive 25 F15 jets from the United States about 18 months from now. The Air Force plans to boost production from five to nine aircraft monthly by May, with a total order of 729 F15s.
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