The daily collegian. (University Park, Pa.) 1940-current, October 03, 1974, Image 5

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    Simon says he took no part
Oil 'double dip' denied
WASHINGTON 'UPI) Tivasury Secretary William E)
Simon yesterday denied any part in framing a loophole in
federal energy regulations which allowed oil companies to
amass $4O million in excess profits.
Rep. John D. Dingell, D-Mich., said Simon's disclaimeri
seemed to show "the most serious form of lack of leadership"
when the Treasury secretary headed the old Federal Energy
Office
The so-called "double dip" loophole in federal oil allocation
rules allowed sellers in certain circumstances to pass through
increased costs twice once to refiners and again to con-
sumers
Before the "double dip" regulation was superseded on May
14, several big oil companies had amassed $4O million in extra
profits and another $292 million credited for future use.
The Federal Energy Administration, successor of the FEO,
is seeking to force the companies to refund the $4O million.
Simon, named "energy czar" during the crisis following the
Arab oil embargo, said yesterday "Only within the past few
v,eeks have I even heard the term 'double dip'."
He told Dingell's Small Business subcommittee on
Ranchers
STEPHENVILLE, Tex.
UPI -- Two hundred ranch
ers and dairymen agreed
yesterday to postpone for two
weeks the slaughter of 1,000
calves in protest against the
low prices cattlemen are
getting for beef at the market.
The ranchers heeded a
warning from Agriculture
Commissioner John C. White
that the slaughter would
create adverse public
reaction to their cause, and
White's promise the govern
ment would try to arrange for
them to tell their problems
directly to President Ford in
Washington
But the overwhelming
majority of the ranchers who
heard White's pleas predicted
the calves would be slaugh
tered sooner or later.
"Last month I lost $6OO and
that was the first time in a
half a century I have not
made a profit," dairy farmer
W L Payton said. "It's going
downhill now and there is no
way it's going to get better."
The cattlemen from Erath,
Hamilton and Comanche
counties planned to herd 1,000
chives into a 30-foot wide:pit
. on a sloping 'hill of the - Jack
Beyer Ranch and kill them to
dramatize their protest.
White asked the farmers to
delay their kill so a delegation'
representing them could meet
with officials in Washington.
"I believe if you go ahead
and kill those calves there's
going to be such a public 1
reaction that we can't get any
thing done," White told them.
"I tell you nib heart is really
with you, but there ought to be
a better way."
Grim
till
it
helps.
I+ The Good
Red Cross.
Ne*ghbor. gl
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Our reasonable rates in
clude insurance.
-- RENT-A-CAR
Miller-McVeigh
Ford, Inc.
(on Rt. 322, just north
of State College)
238-5041
postpone slaughter of calves
"We went to Washington grain over to feed the
and it didn't do us a damn bit Japanese so they 'can get
of good so I say we need to kill strong enough to start
these calves," Ed Black of another war."
Rico, Tex., shouted. "These
people don't. understand 20
hours of everyday working
and worrying. I say let's put
Agriculture Secretary Earl
Butz in that hole. He sends
for ate most co P left
sed ec h .
MI Of Levi's in
the area •••Lex ,
,Lo hj i tiv d Jidfciegri
the Le
ellobrclY
oirt
s
ste
atrom
- 714, 1-•
-the classic LCVTB®
bellbottom., in blue
also modgbie
maw witiLcontedst
`sldclu'_..4A dad, of coarse,
Cousopigtole
conth6y••• •
regulatory agencies that conditions at the FEO were
"cha9tic" when the regulation was written, and that the
drafting of allocation rules was only one of "hundreds of
emergencies" at the agency.
Earlier subcommittee testimony named Robert C.' Bowen,
on loan to the FEO from Phillips Petroleum Corp., as author of
the regulation. . '
Dingell said.if Bowen did draft the regulation, he was in a
"conflict of interest" although he had been warned by the
general counsel of the Treasury Department and whether
he did or not, the loophole should have been sighted by higher
LEO officials.
Simon struck back at the charges against BoWen, saying
"There appears in the record severely derogatory comments
by members of this committee seeking to assign blame for the
chaotic situation under which we were all laboring at the
FEO. Such statements reveal little understanding of the
magniffide of the task imposed upon u 5..."
He said a report on Bowen's apparent conflict of interest
had been forwarded to the Justice Department which has
decided "that no further investigation seems necessary or
appropriate at this time."
White said he talked with
Gov. Dolph Briscoe who told
him he would try to arrange a
meethlt with a delegation of
the cattlemen and officials in
Washington.
"I can't promise you that
you can talk to President
Ford," White "But I
believe-with all:my heart that
the delegation-- from this
group can go to Washington
and talk to him. I believe
President Ford is sincere and
will listen and will un
derstand."
LIMN
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115 5- ado*
Faculty union
The Fall weather may be turning
colder, but the battle' over faculty
unionization is on a warming trend.
In a press release yesterday, Open
Options, an anti-union faculty group,
charged the pro-union 'Pennsylvania
State University Professional' organizing. Hearings on the charges
Association. (PSUPA) with then began Sept. 16 and will continte
"premature creation of ar'ad
versary relationship at „,, the
University.”
Open Options also said PSUPA's
unfair labor practices suit against the
administration. is a "typical union
tactic to create sympathy (for
unionization) during authorization
tomorrow. 1 ! community as much informal '.: ' 4
The. oress • release said "Open possible, so they can decide if aon 01.Ici •''
Options goes on record as strongly
is needed here and not just '.. get k,
b.:.
~..
opposing the unnecessary action r support for us." k
..... .
.:,g PSUPA to diminish and degrade the "The faculty should know ;iow the
Faculty Senate." F,.
1
Senate operates and how the ad- A
%...
Open Options member, George ministration is controlling thee`
1 e.•:..;
tY. Schenck', associate professor of Senate's actions," he added. ..1%•:
A x 6
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Paul Winter irn T p h ro e
vi f s i o rs ti t o . o w ol ork T sh h o e ps
bo a n r d e .
i cultures. possi l b t i r it ! e ll also for m
explore
will split up to conduct them group music.
music group at 2 p.m. in 101 Kehl The group will appear in a
Graduate Center and in the concert entitled "Consorting
. .• East Hall4lounge. i with Each Other" 8:30 tonight
begins visit These workshops, which in . the HUB Ballroom. Ad
will explore the possibilities mission is so cents. Students
of home-made music, are
to campus open to anyone who plays any
instrument, regardless of his
The Paul Winter Consort skill..
begins its three day visit to A "World Music Seminar"
Penn State today, with three will be held at 2:30 p.m. in the
free workshops and a concert Recital Hall of the Music
planned. Building. It is mainly for
,The group plays a blend of music students and will in
jazz, rock, classical and
. j)..ist dude slides, tapes and tallFs
about every other kind - of showing the common ground
music. shared by the music of 'all
saddlealit
boot cut
Qom...
card drives."l
On May 28, PSUPA charged the
University administration with
dominating #nd encouraging the
Faculty Senate as a company union to
discourage j the faculty from
Cheap
Thrills
battle continues
The Air Force ROTC pays $lOO
a month to eveily man and
woman .in the la stltwo Years of
the ROTC prograrb. If you are
concerned about ;your future
(and could use the money)
see us
Contact Air Force ROTC
109 Wagner Building
The Pennsylvania State
University
University Park, Pa. 16802
Luz®
MVO cut
5025
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10 - 0 5:50 ►on• Epril eat .
6; 30b friOlLVed3
evecutlis
The Daily Collegian Thursday, October 3, 1974-
mineral economics, was quoted as
saying "I believe these unfair labor
practice charges are a red herring,
invented solely to create a fictitious
issue to gain support for PSIJ r A."
In reply to these charges, Robert
Olsen, PSUPA cochairman,
"the purpose of the suit is to gi
are encouraged to bring an
instrument, anything "from a
kazoo to bassoon."
The group will be holding
more workshops tomorrm%
and Saturday, with concerts
scheduled for both evenings
ABORTION
Procedures Centers
Out Patient Hospital Care
at a clinic price
Call collect till 10 p.m
0-215-646-2500