29 Dec 1974
Page 1
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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Dec 29, 1974
Page
1
President Ford and key advisers met to chart a hard and tough program to reshape the economy and forestall a deeper recession. Press secretary Ron Nessen said there is consensus that a watershed period is under way and that some measures may not be felt for years.
The Atomic Energy Commission cannot account for thousands of pounds of enriched uranium and plutonium. Officials warn missing material could enable a crude weapon and cite two known smuggling cases by government workers.
Washington AP reports the Employee Retirement Income Security Act of 1974 creates an individual retirement account option. Noncovered workers can deduct up to 15 percent of income for retirement savings starting in 1975, addressing inequality in pension coverage.
Glacier National Park officials report Arthur W. Sedlack a Walton Ranger Station technician shot a snowmobile on a park road closed to snowmobiling near U S 2 in the south part of Glacier National Park. Sedlack said he waited until the operator Peterson had moved away before firing a .38 caliber bullet. A board of investigation will convene and Sedlack was relieved of duties pending outcome.
The Montana SBA district director Otley R. Tschache, 55, faces civil service findings that his appointment violated merit rules and was driven by political ties. Former Helena director George Schotte, a former state senator, was removed for similar political influence.
In Managua an armed Sandinista Front group struck a party for U.S. Ambassador Turner Shelton, taking 25 to hostages. Thirteen released. Nicaragua’s foreign minister and two ambassadors still detained. Reported deaths include two policemen. casualties and hostage numbers vary by source.
The 1974 Montana year in review centers on a sweeping workmen's compensation scandal tied to Gen. Robert L. Woodahl and a large criminal probe. Other top stories include the David Meirhofer case, Colstrip energy debates, a custodial strike, and political shifts in the legislature. Details cover prosecutions, alleged unreported donations, and officials' actions as investigators press deeper into the division's activities.
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