"—The Dailti Collegian Wednesdas • October 2. 1974
' this year, 8 per cent next year and diminished gradually to 4.3
Weapons prices; per cent in 1980 and 3.7 per cent thereafter.
The estimate added that the 11 per cent projection for fiscal
1975 "may be too 10w,." based on experience gleaned over the
past few months.
strain Pentago n P entagon . spokesman William Beecher said inflation
probably
would cause another increase in next year's defense
budget request, which hit $92.6 billion this year, an increase
WASHINGTON (UPI) The Pentagon estimated yester
day that inflation µ•ill drive up the cost of current weapons
programs by $l6 billion—or 15 per cent—and prompt another
increase in the requested defense budget for next year. , il The Pentagon said 89 per cent of the total estimated in-
The predicted increase in weapons programs, geneially flationary cost increase in the weapons catagory fell on just 10
described as a cost overrun, was intended to ' answer programs, including the Navy's Trident missile sub and the
congressional criticism that the armed forces have been using Air Force's B 1 bomber, which are due to continue well into the
unrealistically low inflation estimates in calculating future 4 1980's
weapons costs ..
The total cost of current weapons programs is esticated at
$144 billion, covering a period from the late 1950 s when some
of the programs began to 1990 when the newer ones will be
completed
Past Pentagon estimates allowed for only 4.5 per cent in
flation in the defense budget for this year and 3.1 per cent in
future years. But the new forecast went up to 11 per cent for
alat(!law
BANANAS
7:30 & 9:30
Friday: 121 Sparks
SOUTH CINEMA
THE MARX BROTHERS
In
A DAY AT THE RACES
Fri., Sat., Sun.
in
Redifer Room `D'
Coming next week:
"WHAT'S UP DOC?"
Cinefila East Presents:
7:30 and 10:00
RIA MOVIE TIMETABLE
presents
Thurs., Sat., Sun.
Pollock Rec Room
presents
7:30 & 9:30
Oct. 3-6
of $6 billion over last
"Obviously some programs are going to have to be cut
back," Beecher added.
For example, the cost of the B 1 program, set at $l5 billion
three months ago, now is forecast to reach $18.6 billion. The
Pentagon-,said the entire increase was due to inflation.
The weapons estimate covers all major current weapons
programs including some, like the Safeguard antiballistic
missile, which began more than a decade ago and others, like
the Navy's patrol frigate program, which have barely begun
and are expected to continue well into the next decade.
Novemb& 22. 1963. The day that rocked history. President Johi
Fitzgerald Kennedy was cut down by an assassin's bullet. Was it
really the crime of one man: Lee Harvey Oswald" , Or was It in fact,
a COnSpiraCy,
. New controversial Film
Fri., Sat., Sun. 102 Forum
7:30 & 10:00 $.75
0
centre cinema
WINNER OF
ACADEMY
AWARDS
INCLUDING
BEST ACTRESS
LIZA MINNELLI
BEST SUPPORTING ACTOR
JOEL GREY
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Thurs. Simmons
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Fri. - Sun. 105 Forum
7:30 & 10:00
$l.OO
plus cartoons
$:75
BURT LANCASTER
ROBERT RTAN..WILL GEER
"Factual material never before published."
-NEW YORK TIMES
presented by
North Halls
Findlay Rec Room
Gas prices down slightly
By The UPI
Several oil companies
yesterday reduced gasoline
prices slightly, but oil men
and government officialg
warn the lower prices are
temporary and will rise again
because the oil-producing
nations are "thumbing their
nose" at President Ford. The major oil exporting
Standard Oil of Ohio, Skelly countries are not bowing to
Oil Co. of Tulsa, Okla., and a President Ford's pressure for
major independent, Clark Oil lower prices - and in fact want
Co., yesterday loikered prices even higher crude oil prices,
on all grades of gasoline. Late and these will be passed on to
last month. Mobile Oil Co, the consumer, he said.
reduced its prices, and Exxon
"Between you and me,
said it is reviewing its price
structure. they're thumbing their nose
But at the same time. Gulf at Ford," the oilman said.
Oil Co., citing higher costs for "They want more money that
foreign crude and refined
will be passed through to the
•
products, raised its pump consumer. That pressure lis WASHINGTON (UPII
prices 1.5 cents a gallon on all n ot relenting. " Women of child-bearing age
grades. The failure of the Ad- plan to have 3 million fewer
Sohio reduced its prices by ministration to get a rollbaCk children in their lifetimes, the
one penny per gallon, Skelly in prices was confirmed 637 a Census Bureau reported
dropped prices 2.5 cents report from Washington that
. yesterday.
per gallon, and Clark Oil Secretary of State Henry A survey of the projected
cut prices by two , cents a Kissinger feels he has made decline in birth rates in
gallon in the 13 Midwestern no progress in negotiatio s dicates that women between
states it serves. with Middle East o 1 18 and 39 years of age will
But one oil executive who producers to get lower price . bear about 2.5 children in
b •
001=1•101111111•11M•MIlle
now offers
THE INTERNATIONAL CUISINE:
Sundays Spanish Night 52 95 person
Mondays Polish Night 52.45 person
Tuesdays ltalian Night 51.95 person
Wednesdays Chinese Night 52.95 person
Thursdays German Night 52 95 person
in addition to regular and moderately priced
dinners and late evening snacks
Escargots baked with garlic butter
Soup of the Day ... : .
Typical French Onion Soup
Sa!cid Chaumiere .
ChiCken Crepes .
Seofood Crepes ... .
Horn ond.T.heese Crepes
Apple Crepes
Seafood Casserole .
Beef Bourguighon .
Sirloin Steak Sandwich
The Associ9tionf6r Women Students
presents the Ist training session of its Free U course,
asked not to be identified
cautioned motorists not Ito
view the slightly lower prices
as a start of a trend.
"They should riot go out and
buy a 3,000-!pound car
thinking the clock has been
turned back," he said. "No
way."
and of course our own house especiality drink
"FRENCH 75" .
All in o quiet and totally relaxing atmosphere
Come Taste the Good Life
Dinner from 5 p m nightly
Training Ourselvei to Help Our Sisters
Wed., Oct. 2, in 203 HUB at 7:00 p.m.
Tonight's session deals with methods & problems of
contraception and pregnancy & V.D. tests.
All students are Welcome to attend.
The current price fluc
tuations in gasoline prices
were not caused by either a
raising or lowering of the
basic price American com
panies must pay for foreign or
domestic oil. Rather, the
price changes were prompted
by the kinds of oil purchased
or through 'higher royalty
taxes.
Under agreements with oil
exporting countries, oil
Survey shows
lower birth rate
2.05
2 75
2.45
1 75
3.25
3.25
3.15
210 W College Ave
companies take two kinds of
oil equity oil which is
produced and owned by the
companies and "buy back"
oil owned by the countries.
Equity oil is the cheapest,
sellin . g at about $7.10 per
barrel, as opposed to between
$10.50 and $ll for buy back oil.
If the companies are able to
increase the amount of equity
oil, the average price of all oil
declines.
their fertile years. The
estimate is down from 2.6
children last ear and 3.1 in
1967.
The youngest and best
educated women in the
survey indicated they would
have even fewer children, the
bureau said. Women 18 to 24
expected only 2.2 children
compared with 3.1 for women
35 to 39.
The birth rate anumg
ounger women• was also
down from 1.2 in 1987 to 0 8
this year.
The survey also showed
that career women expect to
have fewer children and of
those with children tend to
have less than non-working
mothers.
By races. the expected
fertility rate and actual births
were higher among Negro
and Spanish-origin women
than whites, the bureau
reported.
By interpreting the family
projections of married
women in the survey com
pleted in June, the Census
Bureau estimated that there
would be about 3 million
fewer births to these women
over their child-bearing
years.
The population survey
follows the trend of recent
studies which have indicated
a declining birth rate in the
United States.