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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 07, 1974
Page
5
Time magazine reports the administration may propose a 5 percent surtax on corporations and individuals in high tax brackets. The surcharge likely targets individuals earning $7,400 plus and families earning $15,000 plus. The President, leaving Bethesda Naval Hospital, declined comment on Tuesday discussions.
Aides said an unprecedented attack on the bureaucracy was unfolding as lawmakers discussed curbing inflation by reducing government regulatory power. Engman cited the CAB ICC and farm price supports, while Ford officials signaled tax changes and housing tax exemptions to spur savings and mortgage lending.
Washington AP Betty Ford spent a comfortable night and her spirits and condition are excellent doctors said. Dr William Fouty noted she is up much of the time and moving about the suite as she wishes. She enjoyed a Sunday steak dinner with son Michael and his wife Gayle, and later a visit from the President. He added she may leave Bethesda Naval Medical Center later this week.
Police and an army unit sealed off the two story consulate as leftist terrorists hold seven hostages including Barbara Hutchison head of the U S Information Service in Santo Domingo and two Venezuelan consular officials. No inside activity observed amid heavy press presence.
Eleanor Nissley and her family inspired by Ford picking two of 1825 energy saving ideas. They plan to bathe in a half tub and give the cat 10 seconds to decide outside while continuing six other steps like one porch light and candlelight dinners. The Nissleys, Warren and children Debbie and Peter, emphasize small changes add up nationally.
Charles W. Colson asked in U.S. District Court for a lighter term citing even handed justice and Nixon's pardon. Colson, once a special counsel, pleaded guilty to obstruction of justice by spreading derogatory information about Ellsberg's attorney at Nixon's direction, and faces a one to three year prison term. The motion also cites Colson's father's death and his dependent mother, while alleging erroneous data on average sentences in 1973 obstruction cases.
Secretary of State Kissinger says negotiations in Moscow aim to broaden the ban on underground tests to include peaceful nuclear tests. The talks stem from Nixon and Brezhnev’s summit and seek criteria for a wider ban, including a 140 kiloton cap, while emigration and trade credits are tied to Soviet restraints.
Harbor Division police pursue third suspect in 1971 kidnapping of two Princess Louise executives. Roger Michael Peterson, a 32-year-old Chicago man, is in federal custody in Seattle on a $50,000 municipal court warrant and is sought for release through negotiations with federal authorities. Trapnell and Padilla remain jailed for the long abduction scheme. Sutton and Morrell were forced to withdraw $10,000. Contained in the report are arrests, interstate transport charges, and the ongoing Southern California Rapid Transit District strike talks.
RTD refunds issued to holders of four monthly passes as the transit system, the nation’s fourth largest, enters its ninth strike week. Walter Lohman announced $7.50 refunds for $10 August passes and $3 refunds for $4 senior citizen passes. Requesters must sign the back of the pass and mail name and address to RTD Ticket Office in Los Angeles.
A teen girl claimed Allen and Tice kidnapped her for rape at knifepoint then bargained for release by giving her home phone number. The following night she allegedly shot Allen in a 410 gauge shotgun at 1812 E dith St. Tice surrendered after a weekend of meetings with RTD unions amid stalled bargaining and a statewide transport strike.
Detroit reports General Motors Ford Motor and Chrysler recall more than 30 000 assembly line workers after a one week layoff tied to strikes at key parts plants Chrysler cuts 9 300 workers at its suburban Hamtramck plant for one week due to catalytic converter shortages.
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