03 Dec 1976
Page 1
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Newspaper
Pontiac Daily Leader
Location
Pontiac, Illinois, United States of America
Date
Dec 03, 1976
Page
1
The piece argues cities suffer from middle class and business migration to suburbs driven by federal tax and highway policies. It notes democracy limits remedy by coercion but insists there is no escaping urban issues and calls for national priority to revitalize those left behind.
The Journal of Insurance reports traffic accidents now top disease as the main cause of child deaths in industrialized nations with rising shares. EEC and Swedish studies cite risks of modern society for ages six to fourteen and the need for adult responsibility and driver education.
The Electronics Industries Association forecasts nearly 10 million citizen band radios sold in 1976, with retail CB gear and accessories surpassing $2 billion. FCC licenses exceed 2.5 million as expansions to 40 channels prompt more home and car use and new models await sale.
AP News outlines Barry Richman view that U S China trade will grow in five to 15 years with China exporting color television sets and electronics while the United States may send chemical plants machinery computers and heavy transport equipment. He notes China may have large oil reserves offshore and potential to turn its balance of payments deficit into surplus through energy exports.
Subscriptions are listed for carrier delivery and mail options across counties and outside Illinois. Rates include weekly carrier charges, yearly and multi month options, with special military pricing and single copies. notice to call 042-1153 before 7 p.m. daily to start service.
The Illinois General Assembly faces a constitutional deadline to abolish the personal property tax by 1979 and replace it with new taxes. Officials fear the change could hurt local schools and businesses while lawmakers debate options such as raising sales or corporate income taxes and awaiting a voter referendum.
In Washington Jim Thompson, a 40 year old Illinois governor hopeful, says two years at home are needed to tackle state issues and his re election in 1978. He avoids early presidential campaigning, aims to build a base for a 1980 bid, and argues governors are rising in influence. He also challenges John Connally on presidential ambitions while attending a GOP governors conference.
President elect Carter advocates a shift from oil to coal and solar with strong conservation. He favors expanding Appalachian coal, using synthetic fuels later, deregulating some natural gas prices for five years, and a 40 percent oil import quota to curb foreign dependence. Nuclear safeguards and cleaner coal research are notable features.
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