FCC Drops Bell Telephone financial probe amid resource crunch
The FCC votes 4 to 2 to end the financial review of AT&T's investment and operating costs due to limited staff and budget. The decision means AT&T may soon face an examiner’s ruling on an 8.25 percent rate of return without a detailed breakdown of Bell’s spending. Strasser notes ongoing scrutiny of other rate issues and Bell system charges.
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UPI
Federal Communications Commission
FCC
Bell Telephone System
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Bell
At&t
Bernard Strasser
Commission
Western Electric Co
Bell System
Strasser
Dean Burch
Robert E. Lee
Charlotte T. Reid
Reagan proposes 95.8 million in state employee pay raises
Gov. Ronald Reagan plans a 95.8 million pay raise package for state workers starting July 1. The proposal includes 20.7 million for UC faculty, 21.9 million for state college faculty, and 53.2 million for other staff, with allocations set by hiring authorities.
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Communists Step Up Attacks Ahead of Christmas Cease-Fire
Communist troops increased their assaults on the eve of a three day Christmas cease-fire. Rockets struck a paratroop base at Thien Ngon, destroying an artillery dump and a gasoline store. U.S. forces conducted protective strikes and B52s bombed targets in South Vietnam, Laos, and Cambodia.
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UPI
Thien Ngon
U.S
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Cambodia
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Foreign World War I Debts Stand at 50 Billion, U.S. Treasury Says
The Treasury Department reports $50 billion in World War I era debts owed to the United States by foreign governments. The amount equates to about $250 per U.S. person and would cover nearly one ninth of the nation’s $423 billion public debt if repaid.
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UPI
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Revenge Slayings Reported In East Pakistan War
Reports from Dacca say revenge killings by both sides include the mutilation of 18 Indian war prisoners by Pakistani captors. Red Cross warns more murders unless Bangla Desh acts. Mirpur town sealed off as rebels cut off food and medical aid. 13 killed fleeing to Dacca.
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East Pakistan
Dacca
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UPI
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Mirpur
Agha Mohammad Yahya Khan
India
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Heath visits troops in N. Ireland during Christmas
British Prime Minister Edward Heath visited troops in Northern Ireland on a secretive security plan. He toured Londonderry and other locations during a one day Christmas trip amid gunfire exchanges in Belfast and clashes in Ballyshannon as police tried to hold three IRA suspects.
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Holiday closures set for stores banks and city offices
Stores banks and government offices will close Saturday for Christmas. Banks close at 3 p.m. Friday. Williams Bros Markets shut at 6 p.m. and Jordanes Market stays open until 7 p.m. Post Office on West Ocean Avenue closed tomorrow. mail delivery to homes continues. Lompoc two contract sub stations open. library closes at 5 p.m. tomorrow and all day Christmas. municipal pool closed. landfill open tomorrow but closed Christmas. City employees observe holiday. county employees work. No publication Christmas Day.
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Williams Bros
Jordanes
U.S
West Ocean Avenue
Lompoc
Record
President signs 1.6 billion cancer bill into law
President Nixon signed a 1.6 billion three year program targeting cancer with emphasis on research and early detection of oral cervical and breast cancers. It creates 15 treatment and research centers and places oversight with a new presidential panel over the National Cancer Institute.
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UPI
Nixon
Congress
National Cancer Institute
NCI
National Institutes of Health
NIH
Rainy stretch continues with more showers forecast
Skies stayed overcast across Southern California with gusty winds and cool highs. A passing second storm system brought additional showers, with pockets of light rain in Lompoc raising total to 2.34 inches for the season.
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United Press International
California
Lompoc
Lompoc Valley
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