Ford links Hanoi gains to Paris breach and aid cuts
President Ford implies Hanoi’s South Vietnam gains stem from North Vietnam’s Paris accord violations and Congress' aid pause. White House aide Ron Nessen said Ford also cited South Vietnamese morale dropping without American ammunition and equipment. Ford avoided direct Vietnam questions during Bakersfield stop and planned a San Diego news conference.
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San Diego
Clemency drive ends as Ford program closes
Washington AP reports President Ford’s clemency program ended at midnight with about 18 000 applications. Deserters and draft evaders swelled totals at Ft. Benjamin Harrison and across the Justice Department while critics called the plan a failure and a public relations game. Rostropovich to lead Washington’s National Symphony Orchestra.
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Government to borrow about 80 billion this year
Treasury officials say the federal government will borrow about 80 billion in the current year due to tax cuts and rebates. The amount, seven times last year's 11.8 billion, could crowd out funds for other borrowers and push up interest rates. Undersecretary Jack F. Bennett said 1.5 billion will be raised via 9 percent month treasury bills maturing April 8.
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Federal energy agency says $611 million repaid in oil overcharges
The Federal Energy Administration reports it has investigated about 89,464 petroleum firms in a year long probe, forcing refunds totaling $74.7 million and ordering 1,197 remedial actions. Gulf Oil faces $101 million in suspected overcharges amid broader penalties and audits across refiners and suppliers.
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