21 Dec 1973
Page 1
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Newspaper
Pontiac Daily Leader
Location
Pontiac, Illinois, United States of America
Date
Dec 21, 1973
Page
1
This editorial argues drastic energy shifts by 1990 to avoid bankruptcy from oil imports. It outlines gasoline tax reallocations to fund electrified rail and transit, predicts large energy savings, and notes that no major new tech is required beyond better investment.
An Associated Press survey of Illinois retailers finds holiday sales up in many areas with energy concerns shifting spending. Chicago aid makers report strong demand for heaters and warm clothing while Peoria and Carbondale stores note varying impact from fuel shortages. Some merchants see only modest gains or declines as shoppers adjust budgets.
William Safire recalls times he erred about Watergate covering up a grand misjudgment. He muses on the pendulum metaphor at the Smithsonian, Nixon's actions, Agnew's resignation, and the thrill of being wrong as a sign of free thought.
Springfield observers note 11 Republicans and eight Democrats will retire from the Illinois General Assembly after 1974, balancing a wave of experience with ongoing bids for re election. Several lawmakers switch to federal or judicial races while others stay in politics.
Nixon certified in 1969 income tax return that his gift of vice presidential papers was free and clear. The deed imposes access limits though described as not restricting public use, and IRS auditors saw no such restriction. The papers valued at 576000 dollars, with 482019 deducted over four years, leaving 93981 for this year.
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