The daily collegian. (University Park, Pa.) 1940-current, November 12, 1974, Image 17

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    iFood,
fund
planned
IP. In a move
ic\%ed 11orld Food
01)11..14my a. , a
In.dtor break-through oil
producing. countries proix)se()
.e,terita% to set up a fund Ud=
de‘el‘ip bust production in
needy nations.
The oil countries made the
pion contingent on the par
tu mat ton of the industrialized
,cod they set no
roone. target.: for the propos-
Oil price cut
fro% I PI
pine reduction-in crude
al accompanied by higher
I \ t's 1111 oil companies will
!hit mean lower_ prices for
\inericati con.uniers and
might e‘vn result in higher
comp pi v . v.:, nil industry
•
Saudi Apibta. Qatar and the
1 tilted grab Emirates
hmeted thalr posted price of
rode pettoleum 40' cents
ti um $ll ti :j to $ll 25 a barrel
but at the Name time raised
allies from 16 67 to 20 per
ent of the posted price and
taxes from 65 75 to 85‘per cent
profits '
The \ entvuelan govern
ment. t maim . supplier
Legislatures
IVASIIINGION i AP)
Women increased their ranks
in state legislatures by 26 per
cent in last week's elections
hut still will compriseonly a
traction of the total
membership
:Many women won key
races, however. against op
ponents of fhe Equal Rights
\mendment which 'must be
ratified by five more states
before becoming part of the
Constitution
%With a dozen races unde
cided, women have von 125
new seats(it jegislatures. This
hrings their total to 591. in
creasing fheir percentage
jeans ..
W Cheat
at Thri
c ordurojr ll
13 oltomsb
Comfortable, durable LEVrise
corduroy flares c",n light blue,
navy, tom, brown, gry,-
waist sizes 2 6 to 38 LEvy6e.)..
t e
_Fonts wit,l2 the ou,s
Che ap Thp ins
115 3, EfaSef
ed investment fund
conference sources said.
U S spokesman Edwin
Martin termed the proposal
interesting. but he added that
Washington would have to be
consulted before the
American delegation made
any commitment.
The United States has
strongly insisted at the
conference that it is time the
oil producers, with their vast
new oil income. accept, a
share of the cost of feeding
the world
Coference planners said the
plan was a major stepdoward
financing the long-term goals
of the conference United
Nations planners tkaye es
timated that inveseltents in
poor countries must be tripled
to the United States, is con
sidering a similar move. a
Caracas newspaper said.
The Arab oil states said the
lower posted price and the
higher royalties and taxes is
designed to cut oil company
protits . and lower the con
sumer price. Spokesmen said
consumers should prevent the
firms from passing on the tax
and royalty hikes.
The matter is in the hat's
of the consumer himself;
he should vigilantly absehve
the actions of the cam
panies. Manny Said Oteitteh.
the United Arab Emirates oil
minister, said.
Most industry oil officials in
the United States said the
from six to eight'of the over
ll strength.
Nearly one-sixth of the
women were elected from-one
of the nation's smallest
states. however, and for the
first time in years one state
will be without any women in
its legislature.
New Hampshire, which has
a 424-member legislature,
will have 103 women in its
House, up from 89, and will
retain its two women
senators.
Nebraska and Alahama in
the past had one woman
legislator each.
The Duit‘ Collec,ian Tuesda3. November 1 ., , !!171-t 7
.
to some .$5 billion annually by . +I ••
d r
U.S. aiu... - :
.. ~,..
A delegate from Venezuela srael asks continue
said most developing
countries, which are in the WASHINGTON (UPI) Former Israeli Defense
majority here, were in. favor Minister Moshe Dayan yesterday asked the United
of the - fund, enhancing its States not to sell out Israel for cheaper oil.
chances of adoption at the 123- In a speech before the National Press Club,
nation conference. Dayan urged the United States to resist Arab
Democratic congressmen pressure to halt its economic and military support
for Israel:
administration to increase. "
counted pressure' on the Ford I know that the Arabs are saying that if you con
ytinue selling us military weapons you will not be
humanitarian
.S. food aid as a
gesture while regarded as very friendly to Arabstates," Dayan
said.
the conference is in progress. "We are asking you not to sell us out just because
At the urging of the you want cheaper oil. We don't want you to fight for
Democrats attending the us. We will fight for ourselves. We want you to sell
conference, the U.S. delega- us the military weapons we need."
tion cabled President Ford Dayan said, "The question we have to ask is will
last week asking authority to you stand up against them and not - give in at our ex
pledge a one million ton pense?"
increase in grants of wheat Clearly pessimistic about the situation in the
and rice to starving countries. Middle East where the Palestine Liberation
won't help U.S.
companies likely would in
crease consumer prices to
compensate for the loss in
revenue. "They certainly will
try to raise the prise to
recoup." said John Lichtblau,
an indepedent petroleum
economist.
"The,,net effect really is not
any real de facto price reduc
tion to the consumer in this
country," said a spokesman
for the American Petroleum
Institute. He said that under
federal price controls on gas
oline companies are allowed
to pass - on to consumers any
foreign increase in costs.
• Licht - Mau said the change in
pricing could be a "negative
for consumers" because it
still lack women
Nebraska lost its sole
woman member, however.
In statewide races, a
woman, Ella Grasso, won
election as governor of
Connecticut and in New York,
Mary Anne Krupsak was
elected lieutenant governor.
The Women's Election Cen.
tral, a joint project of the Na
tional Women's Political
Caucus, the National
Women's Education Fund and
the Women's Campaign Fund,
compiled the figures on state
legislatures.
In addition to New Hamp
shire the group said par-
your headqtz)tcPs Br qi[ r zl i 6 7
Levi-Strdllss products...
°Pal to to 5:30 mon thra
-6450 to 9 mon ilved event
_would increase revenue sur
pluses in the hands of oil
producing nations and lessen
the amount available to U.S.
companies for investment.
High profits of oil exporting
nations and the unilateral
changes in price came under
attack in London by • Sen.
Henry M. Jackson, D.-Wash.
Jackson said in a speech
that members of the
Organization of Petroleum
Exporting Countries would
accumulate surpluses for
investment of re, billion by
the end of this year, $l7O
billion by 1975 "and an in
comprehensible $1.2 trillion
by 1985."
Jackson said oil consuming
ticular noteworthy gains were
made in Arizona, which had 13
women and will have 18;
Florida-, from 7 to 12;
Georgia, from 2 to 9; and
North Carolina from 9 to 14.
Many . women were
members of the caucus or the
League of Women ,Voters or
other organizatiOns which
have been vocal in pushing for
ratification of the amendment
on equal rights for women.
Women also gained 36 per
cent more statewide jobs,
such as treasurer, auditor,
superintendent of public
Organization recently won Arab recognition as the
sole representative of the Palestinian people.
Dayan said flatly. "There is no room for a
Palestinian state."
Dayan said that only King Hussein of Jordan,
whose capital is Amman, could speak for the
Palestinians. not Yasser Arafat of the PLO.
Dayan suggested that creation of a Palestinian
state on the West Bank and Gaza strip would be
only a pretext' for an eventual takeover of lsraei. '1
haven't met a single responsible Arab leader who
thinks that the West Bank and Gaza strip can make
a state itself," Dayan said.
He stresped the importance of the U.S. in convinc
ing the Soviet Union to stay out of the area.
"I know you, don't want tc4ie the policeman of
the world, but 'l'm not
,sure -Russia doesn't want
to do it." Dayan said. "It is very important
that Russia knows if they stay out, you stay
out: if they come in, you come in."
nations which also produce oil
must not allow OPEC to set
the world price for oil
—including oil from sources
other than OPEC.
"An essential step is to
insulate the :price of oil
produced by consuming
nations from the control of
the producers' cartel," he
said.
— The present pcilicy of
allowing the cartel arbitrarily
to establish price levels for all
oil! —not just the oil they
produce and export —should
not be legitiipized
inaction of the United States
and other consuming nations
which are also important oil
producers," Jackson said.
schools and secretary of
states.
Of the 51 women who were
major party candidates for
statewide offices, 31 won, in
chiding Joan Growe, elected
secretary of state in
Minnesota, to become that
states first woman elected to
a statewide office. March
Fong, the first Asian-
American woman to win a
statewide office, was chosen
secretary of state in Califor
nia. -
Counting the women holding
statewide offices not up for
re-election, there now are 45
women in these,positions.
Collegian notes
The Undergraduate
Libraries will extend ser
vice hours until 2 a.m. Nov.
13 through Nov. 19 ex
cluding Nov. 16 when
closing time will be 10 p.m.
Branch Undergraduate
Libraries ( East and
Pollock Sith) will close 5
p.m. Nov. 20
,a,rid reopen 9
a.m. on Dec:
George C. Wiedersum,
Jr., senior engineer at the
Energy Conversion
'Research Section of
Philadelphia Electric will
speak on "Air Pollution
ContrOl in the Utilities In
dustry" 2:20 p.m. today in
140 Fenske Lab. •
The planning committee
for the Women's Center
meets 7:30 tonight in Is,l
Willard.
Prevention of of campus crime - begins with student awareness.
Use strong bicycle chains, carry purses carefully, and report
all thefts to Security Patrol immediately by calling 865-5458.
* . w-li-)i-li-lic.*-lo•
Kaufman's
Grand Opening
Celebration
~~
t~ ,.. ~
~~~-t~
h ` ~,
.!
Kaufmanls Nittany Mall
Kaufman's College Avenue
Save 20% on all gifts 0
Gifts can be exchanged after Christmas
SAVE ON THE FINEST BRAND NAMES
IN WOMEN'S CLOTHING
DRESSES . . : COATS . . . SPORTSWEAR
Both Stores Open Tonight!
116 E. College Ave. Nittany Mall
While not directly criticizing the Middle East
peace efforts of Secretary of State Henry A.
Kissinger, Dayan bluntly said, "rdon't believe the
formula of step by step progrtsss will work "
"I haven't heard from any Arab leader, including
tEgyptian President Anwar) Sadat. that they are
really ready to make peace with us, - Dayan said.
Dayan noted that relations had improved recent
ly with Egypt and with Palestinians. excluding the
Palestinian Liberation Organization.
"With Egypt. they have agreed to reopen the
Suez Canal and turn the area back to its normal
condition." Dayan said. He added "It's good for
their own interest."
Dayan said that foreign ships would be permitted
to transport cargo to Israel through the Canal un
der the agreement. He said there should be no
further agreement with Egypt tultil the canal is
reopened.
Tau Beta Pi, engineering
honors society. will sponsor
tutoring in math. physitts,
chemistry and engineering
from 7 until 8:30 tonight in
212 Hammond.
The Pinochle Club meets
8 tonight in the HUB card
room. -
The Rules Committee Of
There will be no Or- the Graduate Association
thodox Vespers tonight will meet 8 pin Dec 3 in
101 A Kern
FSHA 410 will present a
South African indoor picnic
5:30 p.m. Nov. 12 in the -:,. The Undergraduate Li-
Maple - Room of Human brary will hold an . open
Development. house 7 p.m Dec 3at the
On Nov. 14, there will be Pollock South Branch Un
a First Presidential. dergraduate Library A
Inaugural Dinner. For brief slide-tape program
more information or reser- introducing library ner
vations, call 865-7441. vices will precede an in
formal quest ion-amak er
Edgar F. Bennett of the period.
Continues!
20% OFi
ALL CLOTHING
IN BOTH OUR STORES!
Buy your Christmas
gifts now.
Applied Physics Do. ;slim of
the Argonne National
Laboratory -VVtil talk on
"Physics !Measurements
On Fast Spectrum Cntical
Assemblies at A N 4
p.m. Nov 14. in 111
Breazeale Nuclear Reac
tor
/if-4-4/0-**A
/I`` ~ .
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