Auto Prices Can't Be Cut Says Woodcock on Meet the Press
UAW President Leonard Woodcock says carmakers cannot lower prices as profit margins run paper thin for over a year. He notes price cuts would help sales only at a loss, cites GM’s 86 percent profit drop despite 17 percent sales fall in nine months of 1974. Meanwhile rebates boost early 1975 sales. 16 plants idle, ~248 000 of 685 000 blue collar workers off work. Chrysler praises rebate response and may extend through spring. GM optimistic on rebates, decision pending extension.
MENTIONED IN THIS ARTICLE
Washington
United Auto Workers
Leonard Woodcock
Woodcock
NBC
Meet the Press
UAW
General Motors
Chrysler Corp
Lynn Townsend
Chrysler
Thomas Murphy
Rhodes Leans on Gasoline Rationing Support
Washington dispatch says House Republican Leader John J. Rhodes warns there will be greater congressional backing for gasoline rationing if President Ford's energy program fails to reduce fuel use. Rhodes notes the timing could shift depending on energy policy results.
MENTIONED IN THIS ARTICLE
Washington
Ford
House
John J. Rhodes
Rhodes
Ning
Arizona Republican
Congress
Fieeway
Hhades
White House
Flu Deaths Still High in the Southeast
Flu and pneumonia deaths remained above the epidemic threshold in the past week, with 680 U.S. deaths reported for the week ending January 18 across 121 monitored cities. The CDC said the shortfall versus expected deaths indicates continued elevated mortality, concentrated in the southern eastern and central regions.
MENTIONED IN THIS ARTICLE
Atlanta
National Center For Disease Control
CDC
U.S
Lawrence Corey
Limit unions to a single employer proposal debated
COLLEGE STATION Tex AP A Federal Trade Commission member urged barring labor unions from representing more than one company claiming current laws create labor cartels and distort labor by making it profitable to avoid work He spoke at Texas A&M University during the annual executive development program Thompson a FTC member who helps enforce antitrust laws has also proposed repealing laws that exempt labor from antitrust provisions.
MENTIONED IN THIS ARTICLE
College Station
Tex
Federal Trade Commission Today
Thompson
Texas A & M University
Commission
Tapes Studied For Cause Of Plane Crash
Federal investigators review flight tapes to determine why a two engine plane struck a college radio tower on the American University campus killing five. Victims include Melgar Wolfe Jr, Columbus publisher, and Frederick Leveque. FAA said plane should have been at altitude of 1500 feet. President Ford sent condolences to Wolfe family.
MENTIONED IN THIS ARTICLE
Washington
American University
Melgar T. Wolfe Jr
Columbus
Ohio
The
Columbus Dispatch
Frederick W. Leveque
Carlton Dargusch Jr
Robert D. Hatem
Richard White
Ford
Wolfe
John Walton Wolfe
Edgar Wolfe Jr
Leveque
Dargusch
National Airport
Beef Industry To Come Back Says Butz In Kansas City
Secretary of Agriculture Earl Butz told a crowd in Kansas City that the beef industry will rebound and the large commercial feed sector isn’t dead. He warned against buying land at inflated prices and criticized tax-shelter capital in farming while praising farmers’ world food leadership. Rep. Litton pressed on target prices and government role, as the pair debated farm policy and exports with 1,600 attendees.
MENTIONED IN THIS ARTICLE
Kansas City
Earl Butz
Butz
Jerry Litto
D-Mo
Litton
Washington
Chillicothe
Buzz
Bulz
President Attends Annual Red Mass with Justice Burger
President Ford and Chief Justice Warren E Burger attended the Red Mass in Washington with their wives. Bishop James Rausch urged divine guidance for justice and warned that abortion attacks rights to survival while noting the arms race endangers mankind.
MENTIONED IN THIS ARTICLE
Washington
Ford
Warren E. Burger
James Rausch
Rausch
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Internal Revenue Service
Santa Monica
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East Haddam
Conn
Tebbetts
J.D
Holt Summitt Civic Group
CLYDE
Edward Martein
ASP
Harrison - Wuethauers
Curt Yancey
Ureet
Ronan
Nylon Tweed
eMubae
Nad Ag
Laniti
Mie Sen
Sobeypergnes
Ales de Manes
Hogpeston Sons
Cage
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Wenntigis
Yle
Ney
Nt Southwestern Bell
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