Ford energy plan to require sacrifices by all Americans
Treasury Secretary Simon says President Ford will unveil an energy conservation program that will require personal sacrifices from all Americans. He warned the plan would be tough, comprehensive, and effective and hinted at tax cuts and aid for the unemployed. Greenspan testified unemployment could rise above 7 percent this year and only slowly fall, with recovery in late 1976. Simon stressed anti inflation and recession fighting, ruling out fuel rationing while noting possible oil price increases and tax rebates funded by energy measures.
MENTIONED IN THIS ARTICLE
Washington
Treasury
William & Simon
Ford
Simon
Alan Greenspan
A Congressional
Greenspan
Council of Economic Advisers
Joinn Economic Committee
New Orleans
American Farm Bureau
Feder
Aida Casanas O'Connor
Goodell
US weighs steps to bolster South Vietnam amid rising offensive
U S officials are studying actions to shore up South Vietnam as North Vietnamese and Viet Cong forces intensify. Intelligence shows four new NV divisions with independent regiments, a seven-division strategic reserve, and a 300000-strong force in South Vietnam. The NSC weighs policy options while 1975 aid funds will cover consumables rather than major equipment.
MENTIONED IN THIS ARTICLE
Washington
South Vietnam
Saigon
U.S
Vietnam
National Security Council
United States
Enterprise Mission Possible Near Saigon In Vietnam War
U S naval forces including the Enterprise and Long Beach reportedly left Subic Bay heading toward the South Vietnamese coast amid heavy fighting near Phuoc Binh. A Coral Sea task force was also cited as operating in the area though exact locations remained unclear.
MENTIONED IN THIS ARTICLE
Saigon
UPS
Enterprise
Philippines
South Vietnam
Phuoc Binh
Phuoc Long Province
Subic Bay
Vietnam
Long Beach
Coral Sea
South China Sea
Viet Cong
Giai Phong
Thailand
Gulf of Thailand
Cambodia
Phnom Penh
Gold auction flops highlight American restraint in metal sale
The U S Treasury sold 750000 ounces of gold from a 2 million ounce auction, with bids totaling 954800 ounces. Major bidders included Dresdner Bank New York and two Swiss banks while most American bids were for minimal 400 ounce bars. Prices ranged from 133 to 185 dollars per ounce, yielding over 100 million in revenue and leaving 1250000 ounces unsold. Treasury Secretary Simon praised public restraint and said the sale shows Americans are smarter than expected.
MENTIONED IN THIS ARTICLE
Washington
U.S Treasury
Treasury Department
Dresdner Bank of New York
Treasury
William E Simon
Simon
General Services Administration
New York
Denver
San Francisco
Snow Tonight Weather Update Forecast
A winter weather advisory notes snow likely tonight with cloudy skies and overnight lows in the 20s. Details on page 2. Inside.
Fires haunt Collier City as 68 homes burn
In Collier City Florida fear and evacuation grow as fires ruin 68 of 105 prefabricated homes. Residents like Mae Dell Smith refuse to abandon their properties while Broward deputies arrest arson suspects from the Knotty Head Gang. Authorities push for motive amid ongoing outbreaks.
MENTIONED IN THIS ARTICLE
Pompano Beach
Fla
Mae Dell Smith
Collier City
Florida
Broward County
Set
Tom Bateman
Crime Patrol Department
Bateman
Oil spill threatens three nations in Malacca Strait
Dozens of military assault boats and antipollution craft swarm the Malacca Strait after the Japanese supertanker Showa Maru ran aground releasing about 3,300 metric tons of crude oil. Singapore, Malaysia, and Indonesia mobilize defenses as the slick spreads ten miles and threatens beaches, with Exson Neptune pumping cargo and efforts led by Prime Minister Takeo Michi to mitigate the spill.
MENTIONED IN THIS ARTICLE
Singapore
UPS
Tapan
Malacca Strait
Takeo Michi
Shoichi Mikami
Sultan Shoal Lighthouse
Raffles Lighthouse
Pulau Sebarok
Defense Ministry
Neptune
Time running out for clemency amnesty drive
The Presidential Clemency Board urges radio and TV stations to broadcast reminders that January 31 is the deadline for amnesty applications. Only about 900 of 100,000 eligible men had applied, cited as due to lack of awareness, distrust, and confusion about eligibility.
MENTIONED IN THIS ARTICLE
Washington
Charles E. Goodell
Goodell
Lewis W. Walt
Theodore M. Hesburgh
Guards surround Indian estate as siege continues
Gresham, AP The National Guard replaces sheriff deputies guarding the northwoods estate seized by armed Menominee Indians. A 250 man Guard unit is in command, while local deputies and police phase checkpoints after nightly gunfire and protests. Talks with demonstrators continue amid calls for restraint.
MENTIONED IN THIS ARTICLE
Gresham
Shawano County
National Guard
Patrick J Lucey
127Th Infantry
Green Bay
Lucey
Relcue
Menominee Warrior Society
Menominee County
Call for belt-tightening ignored by new Assembly
The 1975 Wisconsin Assembly approved 18 new staff positions by a 67 27 vote, a resolution that could cost up to 530000 in the next month if all posts are filled full time. Critics warn it sets a poor budget precedent while supporters say the add-ons will improve efficiency.
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Ford Energy
Ation
N. Vietnam
Phuoc Inh
Ance Long Province
Pentagon
South Vietnamese
Congress
Indochina
Wisconsin State Patrol
Alexian Brothers
UPI Telephoto
Canada
Milwaukees
Wounded Knee
Gresham Estate
Alexian
Madison
New Assembly
James Sensenbrenner
Shorewood
Terry Willicam
D-Chippewalls
Assembly
Willicam
Senate