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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 02, 1975
Page
3
The oil depletion allowance faces repeal debate as liberals in Congress push back amid a tax cut package. Proponents argue repeal harms investment and exploration incentives while a revised formula could curb misuse, with John Glenn supporting safeguards to ensure funds aid new field development.
Sen. James B. Allen decisively blocked Mondale’s two part plan to raise the filibuster hurdle by separating a nonconstitutional motion as Rockefeller presided. The Senate voted 51-42 to permit a simple majority rule change, confirming a recurring dynamic of liberal hopes thwarted by the southern bloc in a long running political cartoon.
The Chronicle discusses claims that federal safety and pollution standards raise prices, noting President Ford's ties to auto executives and a push to weaken regulations. A Rosenthal study counters the view, arguing costs include injuries and broader economic impacts, urging independent measurement and citing figures on lives saved, injury reductions, and auto industry pricing.
A personal account from Illinois on becoming unemployed at Christmas, followed by critique of how unemployment statistics are gathered. The piece argues that Bureau of Labor Statistics data mislead by counting those seeking part time or nonbreadwinner jobs, and calls for reform. It also suggests tracking breadwinners, job skills, and regional labor needs to better guide policy.
Washington foresees another interim Egypt Israel truce as Kissinger presses for a broader agreement. Key sticking points remain frontier issues in Syria Palestinian statehood and the future of Jerusalem with Geneva as venue. Predictions of a solid peace are cautious amid Israel’s security concerns and regional dynamics.
Three Midwest university campuses show students burying themselves in books while concerns over jobs and rising education costs dampen activism.Faculty and administration face tight budgets as campus life shifts away from revolts to alienation and fierce competition. Despite angst, many students stand out as capable, globally connected learners amid a broad societal transition.
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