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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jan 08, 1975
Page
3
The Ford Administration faces a growing dispute with Latin American nations over new trade law provisions that block duty free entry for manufactured goods from oil cartel members. Two top officials work to quell the tensions as Congress debates safeguards and trade rules.
Ford aims to raise gasoline prices by roughly 72 cents per gallon through a $3 per barrel import tax and a $3 domestic oil excise tax while avoiding federal mileage standards. The plan foresees tax relief to citizens, removal of old price controls, and voluntary auto maker mileage gains to 20 mpg by 1980, plus insulation credits and coal leasing to boost production.
Architect Daniel Boone of Boone and Pope tells The Associated Press his Abilene firm made a legal contribution and had no involvement by Southwestern Bell in Midland bond drive. He disputes the claim that Bell was connected to an illegal contribution.
Detroit AP report says Chrysler will offer rebates up to 400 dollars on select models in a five week campaign to revive lagging sales. GM and Ford show no immediate discount plans while industry analysts predict others may follow Chrysler’s lead amid high unsold inventories and steep price resistance in a buyers market.
Comptroller Bob Bullock says he is preparing a statewide property tax monitoring system in case the legislature passes school finance reform. He assigned Lynn Monk, a public school finance expert from the Texas Education Agency, to assist before his swearing in.
The Texas Rangers have joined ranchers in probing a series of cattle mutilations in Stephens and Young counties, Texas. The killings, reported in November and December, involve two bulls and a heifer with sexual organs removed. A Graham rancher posted a $500 reward. Investigators note similarities to similar cases in at least five other states.
A six ship fleet led by the 85 000 ton carrier Enterprise sailed from Subic Bay toward the Indian Ocean bound for a long cruise. Pentagon officials said no plan for Vietnam involvement existed though Kissinger hinted at possible action. The move aims to protect oil shipping routes and rotate forces in the Indian Ocean.
Mescalero Apache chairman Wendell Chino opened the National Tribal Chairmen's Association convention urging a new national policy allowing Indians to control their destiny. He cited zero unemployment among Indians, warned against land fragmentation, and said the fight would shift to Congress halls to protect tribal resources.
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