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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Dec 06, 1973
Page
1
Wholesale prices surged 1.8 percent in November on a seasonally adjusted basis and 1.6 percent unadjusted, led by a 34.7 percent jump in refined petroleum products. Crude oil up 4.5 percent. energy costs pushed overall commodity indices to new highs, while farm and processed food prices fell.
East St Louis Federal Judge James L Foreman ruled that 36 inmates from Marion Federal Penitentiary must be returned from segregation to the general population within seven days after a four day rehearing. The decision limits indefinite segregation as punishment for prison rule infractions.
President Nixon signed a bill lifting monthly pensions for about two million veterans and survivors by 10 percent starting January 1. The boost largely restores earlier Social Security cutbacks and depends on other income. he urged Congress to pass broader pension reform in the next session.
Tonight clearing and colder with lows in the 20s. Friday brings mostly sunny and warmer weather with highs around 40. Saturday remains fair and warmer. Sunday turns cloudy and colder with a chance of showers. Monday partly cloudy.
About 1,500 delegates at the United Mine Workers constitutional convention approved creating a strike fund the first in the union’s 84 year history and ratified a motion opening contract approval to rank and file. President Arnold Miller warned of a possible long strike if 1974 demands go unmet. The current contract expires next November with meetings to begin next month on age and benefit issues.
Saudi oil minister Sheik Ahmed Zaki Yamani offered a resumption of oil shipments to the United States in phases aligned with a defined Israeli withdrawal from territories captured in 1967 and 1973. He suggested relaxing the oil embargo as Israel agrees to a timetable, while touring Europe and the United States to explain the strategy.
Angry truckers renewed a blockade of the Ohio Turnpike just hours after a vast traffic jam, as drivers along I 70 and I 75 joined protests. Police and National Guard tow crews cleared several blocks while authorities pledge to study fuel price complaints and fuel allocation amid calls for a ceiling on pump prices.
Gerald R. Ford’s confirmation as vice president sets a historic precedent under the 25th Amendment. White House aides describe him as the administration’s top Capitol Hill lobbyist, aiming to prevent impeachment moves against Nixon.
Analysts note a technical rally lifted stocks as the Dow Jones average rose 10.31 points to 798.62 by 11:30, recouping part of a recent nearly 200-point decline tied to fears of an energy-driven recession.
Alexander Haig testified that Haldeman did not influence White House decisions. He described searches of Haldeman files for notes from a June 20 1972 Oval Office talk and discussed an 18 minute gap in a related tape. Haig cited subpoena coverage and difficulties accessing the cabinet combination.
Illinois officials announce a new enforcement push on the Chicago area expressways. A task force of 24 Illinois troopers will step up truck weight law enforcement, aiming to curb damage from overweight tractor-trailer combos.
The House Commerce Committee voted restrictions on excess profits from the fuel shortage as the administration allows a two cent per gallon heating oil price rise. President Nixon could be empowered to set prices on coal oil and petroleum products to deny windfall profits. The Cost of Living Council also ordered a one cent gasoline price cut and two cent heating oil increase to push refineries to prioritize heating oil. Other energy moves included possible gasoline rationing with transferable coupons and warnings of gasoline riots if consumption isn't cut. EPA chief Train urged keeping emissions controls for fuel efficiency and environmental reasons. Senate blocked delay on a 20 billion energy R and D program, while AEC chair pushed a five year 22.5 billion plan for self sufficiency.
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