Oil depletion allowance faces cut from 27 to 20 percent
The Ways and Means vote to shrink the depletion allowance from 27½ to 20 percent triggers industry protest led by American Petroleum Institute president Frank Ikard. Industry spokesmen argue the tax boon fuels oil supply while supporters say 27 percent is excessive and should be reduced to spur balanced energy policy.
MENTIONED IN THIS ARTICLE
House
Ways and Means
Frank N. Ikard
American Petroleum Institute
Ikard
Ngohons
Mobil Oil
Manned Earth Orbit Lab Planned for 1972 Launch
The article describes a new earth orbiting laboratory to be launched in 1972. Crews will stay 28 to 56 days conducting astronomical research from the orbital station, highlighting both near term and distant space exploration within the ongoing program.
MENTIONED IN THIS ARTICLE
Manned Earth Orbiting Laboratory
Earth
New Era Dawns as Space Age Embraces Team Effort
In a shift from lone pioneers to collective engineering, space milestones are framed as achievements of hundreds of technicians and scientists. Headlines now emphasize "man" as a collective era defining term, celebrating collaboration over individual glory.
MENTIONED IN THIS ARTICLE
Washington
Paris
Lone
Ime
Eil Armstrong
Buzz Aldrine
Sit
Apollo
Wally Schirra
Moon flight pride boosts U S and Chilean student abroad
Judy McCormick, daughter of Mr and Mrs Walter McCormick of 1916 Winton St now an ex change student in Chile, writes about watching the moon flight on TV with pride. The piece notes space race statistics and hints at possible cooperation in space exploration beyond rivalry.
MENTIONED IN THIS ARTICLE
United States
Judy McCormick
Walter McCormick
Winton St
U.S
Chile
Tax Hike Debate Reflects Private Capital Under Pressure
Washington column argues that rising income taxes and tighter charitable deduction rules threaten private enterprise. It notes the limited impact on higher earners, questions capital gains changes, and warns of reduced investment as inflation erodes purchasing power. It cites Treasury data on tax returns and discusses long term effects on donors, universities, and business growth.
MENTIONED IN THIS ARTICLE
Washington
Congress
America
House
Ways and Means Committee
Treasury
Middletown News Journal subscription rates and details
The Journal Published daily by the News Journal inc. in Middletown Ohio lists subscription costs for daily and Sunday editions. Rates include 10 cents per weekday, 20 cents Sunday, 70 cents weekly, 21 dollars yearly in the trading area, 30 dollars outside, and 38 dollars outside the U.S. All subscriptions are payable in advance. Founded 1857.
MENTIONED IN THIS ARTICLE
The
News Journal Inc
S. Broad
First Ave
Middletown
Ohio
Postce
U.S.A
Franco crowns Juan Carlos by instarration not restoration
William F Buckley Jr argues Franco’s act to install Juan Carlos is a controlled succession rather than a lawful restoration. He notes Franco demands loyalty to himself and disloyalty to Juan Carlos's father, warning of long term monarchic uncertainty.
MENTIONED IN THIS ARTICLE
London
Madrid
General Franco
Don Juan Carlos
Archduke Otto von Hapsburg
Austria
Berlin
Hitler
Goering
Austria-Hungary
Francy
Otto
Franco
Don Juan
Spain
London Daily Telegraph
England
Dirksen
Juan Carlos
Bette
Also Mentioned on This Page
N. J. Lawler
Frank Mankiewicz
Tom Braden
Armstrong
Mike Collins
Dow-Jones
Space
Eva
Alexander Graham Bell
Watson
Boston
Samuel F. B. Morse
Sir Edmund Hillary
Everest
Mission Control
Bell
Henry Ford
Thomas Edison
Charles Lindbergh
Hillary
Rickover
Lindbergh
Sistine Chapel
Paradise Lost
Dave
Soviet Russia
David Lawrence
Russell Long
Senate Finance Committee
the Journal
William F. Buckley JR
Deu
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