Breakthrough Seen In Malpractice Insurance Talks Albany
Argonaut Insurance Co scaled back rate demands for hospital malpractice, agreeing to follow proposed industry rates. The move signals possible relief in New York's insurance crunch though officials warn a legislative solution is still required. Education Commissioner Nyquist opposes the omnibus bill shifting medical regulation to the Health Department.
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UPI
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Argonaut Insurance Co
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Argonaut
Insurance Service Organization
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Syracuse
Nyquist
Elk Hills bill clear for action in House
Washington UPI The House Rules Committee cleared legislation to permit oil production from the Elk Hills Naval Petroleum Reserve in California for further action. The House Armed Services Committee sent two bills, one from its own panel and one from the Interior Committee, both omitting Navy production as Ford requested.
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Cattle Producers To Finish Most Beef On Grain Again
Washington based Agriculture Department economist James E. Nix predicts cattle producers will return to finishing nearly all steers and heifers on grain feeds as grain supplies rebound. He notes current lower grain use is temporary and could be influenced by upcoming beef standards rewarding less marbling fat.
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Nix
Agriculture Department
Farm price supports face veto clash as Congress negotiates
House and Senate negotiators narrow a costly three year price support bill aimed at grains cotton and milk. Agriculture Secretary Butz foresees higher prices and a $1.2 billion cost and vows a presidential veto. Ford has not decided while Republicans study bipartisan cost analyses. In New Delhi the Sikkim referendum rejects monarchy and votes to join India as a state by wide margin.
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Earl L. Butz
Congress
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Conference Committee
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India
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