Oil Crisis Sparks Call for Transport and Energy Reforms
The article argues the United States faces an oil shortage and rising prices while maintaining large deficits and global spending. It proposes a rationed vehicle system with a 90 percent junking rate, engine limits, higher fuel taxes, and a shift to public transit, warning of a future crash if inaction persists. It also riffs on a supermarket sighting of kitchen matches and critiques safety trends.
Zumwalt Urges Expanded Navy to Counter Soviet Oil Threat
Adm. Elmo R. Zumwalt Jr. warns Congress that the Navy must be upgraded to protect seaborne Middle East oil shipments as U.S. imports rise toward 12 million barrels daily by the early 1980s. He cites potential Soviet submarine bases and access routes from Kuwait to New York, urging high priority for defense programs.
MENTIONED IN THIS ARTICLE
Washington
United States Navy
Middle East
Adm
Elmo R. Zumwalt Jr
United States
Zumwalt
House
Defense Department
Caribbean
Venezuela
Cuba
Canada
North Slope
Alaska
Gulf
Birdwatching: a cheap hobby with big rewards
A lighthearted look at birdwatching as a simple pastime for small yards. Readers note that identification books and a basic pair of binoculars can start the hobby, with seeds to attract species, while cautioning against costly gear or trips for exotic birds.
Bear sighting and bank merger noted in Winchester items
A small bear weighing about 150 pounds was sighted in southern Winchester near Featherbed Lane before heading south. Directors approved a merger between The First National Bank of Berryville and Farmers and Merchants National Bank of Winchester. The Winchester club of Business and Professional Women marked its first anniversary with a banquet at the George Washington Hotel. Robert Luttrell, Gainesboro high school senior class president, received the American Legion medal for outstanding leadership.
MENTIONED IN THIS ARTICLE
Winchester
Featherbed Lane
First National Bank of
Berryville
Farmers and Merchants National Bank of Winchester
Winchester Club of Business
George Washington Hotel
Robert Luttrell
Gainesboro
American Legion
Stairs as Self Built Path to Higher Goals
A carpenter notes stair building is an art and uses it as a metaphor for personal progress. Elevators or influential friends rarely move people up. true advancement comes from constructing steps toward goals in career, morals, and education and climbing them oneself.
MENTIONED IN THIS ARTICLE
Antarctica
Rome
Wall Street
Tax in Your Tank Reveals Nixon Anti Inflation Drive
Confidential talks among the Nixon administration and major Democrats consider a flat five to ten cent per gallon gasoline tax to curb inflation and reduce fuel demand. Backers include Connally Mills and some Treasury aides, with Shultz potentially opposing. The move aims to show decisive inflation action and balance of payments relief, while risking Shultz’s resignation and White House turbulence.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
John B. Connally
Congress
Wilbur Mills
Arkansas
House
Ways and Means Committee
Treasury Department
Treasury
George Shultz
Connally
Shultz
Simon
Arthur Burns
Federal Reserve System
Burns
Mills
Connally-Mills & Burns, Inc
Wall Street
Uncertainty is the only sure thing in stocks say experts
Henry J. Taylor argues that despite falling markets profits rise and fall in uneven patterns. He notes first quarter profits jumped 11.6 billion and that long term investors must set goals while recognizing prices are driven by supply and demand not intrinsic value.
MENTIONED IN THIS ARTICLE
Wall Street
Stock Exchange
Things That Make Life Worth Living by Hal Boyle
A reflective essay listing small, personal joys and awakenings that give life meaning. The piece names everyday scenes from nature to family, friendship, forgiveness, and mystery, ending with gratitude and a blessing.
MENTIONED IN THIS ARTICLE
Hal Boyle
New York
Emily Dickinson
Ceck
Manhattan
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