Plan to break oil monopoly announced
United States Senator James Abourezk and Representative Les Aspin unveiled a plan to split major oil firms into smaller competitive entities. They argued big oil creates shortages to raise prices and proposed a law limiting firms to one segment of production refining transportation or marketing.
MENTIONED IN THIS ARTICLE
Washington
UPI
James Abourezk
D-S.d
Les Aspin
D-Wis
Congress
FTC
Halverson
Aspin
Abourezk
Abourezk and
Abourezk-Aspin
Morgan Guaranty and Trust
New York
Continental Oil
Cities Services
ARCO
Flash Fire Kills Two in Mt Airy Twin Home
A three story Mt Airy twin home suffered a flash fire that killed brothers Arthur Clement 14 and Walter 17 and injured their mother Maria Clement 42 who is in serious condition after leaping from a second floor window. Neighbor Martin Lynch 24 was hospitalized with burns while attempting to fight the blaze. The fire started in a kitchen about 2 45 a m and was under control within 30 minutes.
MENTIONED IN THIS ARTICLE
Philadelphia
UPI
Mt. Airy
Arthur Clement
Walter
Maria Clement
Germantown Hospital
Martin Lynch
Chestnut Hill Hospital
CLC Denies Blue Cross Rate Exemption Request
The Cost of Living Council rejected Blue Cross officials in Charleston West Virginia an exemption from the federal price freeze. They sought a 38 to 53 percent rate increase to take effect on or after August 1. Blue Cross serves 206 000 subscribers in southern and central West Virginia and notified them of the planned hike. State Insurance Commissioner Samuel Weese intends to block higher prices and plans to appeal a circuit court ruling to the state Supreme Court after initial rate denial.
MENTIONED IN THIS ARTICLE
Charleston
W.va
UPI
Cost of Living Council
Blue Cross
Medical Insurance Corporation
West Virginia
Samuel Weese
Weese
Kanawha County
State Supreme Court
River death and riverfront blaze across two states
The body of 18 year old James Rach was recovered in the Monongahela River after drowning while swimming with companions who were fined for disorderly conduct for hindering firefighters. In Philadelphia a 400 foot pier burned out of control as alarms rang. West Virginia banks raised passbook savings interest to five percent under new federal rules.
MENTIONED IN THIS ARTICLE
Monongahela, Pa
UPI
James Rach
Monongahela River
Clyde Tempest
John Taylor
Raymond Davis
Monongahela
Philadelphia
Delaware River
Callowhill St
Charleston
W.va
West Virginia
Kanawha Valley
Charleston National
Kanawha Banking and Trust
Also Mentioned on This Page
CLC
Aires
T. Smart Corner Group
Walnut
Rustic Ranch
Ld Southwest
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