4 The Daily Collegian Tuesday , November 11, 1975 lax cut for most of next year, the Rules Committee’s in / / CO/ \J U/ / L then slam on the brakes with tentions became clear. The a spending ceiling when fiscal caucus has the right to order 1 1977 starts Oct. 1. the Rules Committee to take LL/ VCT L l/ A veto fight, therefore, is any action. likely unless some mutually Most of these reform t£)Y mit com P ronllse can provisions are expected to be * L(j/\ Ls L* L be found. dropped in the Senate yea , rs> ’ J . - coming, and Congress finance C or " mitte * in a rush The d^line . PYtPnS/nn cannot override the veto, then fml despite a sharp uptm. C7AI.CT/ lOIUI I almos( every taxpayer’s of the session withholding rate would rise WASHINGTON (CPI). on Jan. 1 when the recession- The committee bill President Ford will veto the fighting 1975 tax cuts expire. essentially would continue House Ways arid Means The Ways and Means lax rates for both individuals Committee's extension of Committee completed action and business as they are now income tax cuts if Congress on its tax reduction-tax except for the very low in- Industry sources contend it takes from two to five sends him the legislation revision bill Friday, and come worker, whose taxes years and sometimes longer to get newly dis uithout a' ceiling on federal debate is expected to begin in would rise sharply. covered reservoirs into production, spending, a White House Ihe House late next week. The spokesman said Monday. lax cuts themselves are 2 ena e ’ however, is William Greener, deputy scarcely an issue, but bitter expected to revise the House press secretary, said Ford floor fights are expected over 01 “ continue the special had noi backed away from his the spending ceiling and over earn ®d income credit which oHen-stated intention to veto several liberal efforts to w, P®d out the tax liability of any tax cut bill that does not toughen the "reform” aspects rn,,st income workers and include a spending ceiling. of the bill provided a special payment "The President still feels he Committee liberals decided f °rmany. should veto the bill unless yesterday afternoon to be Under the committee bill, some action is taken to prepared to take their fight to the limits on the standard establish a spending ceiling of the caucus of all House deduction would continue as 5.i95 billion for fiscal 1977," Democrats if the House Rules they are now, and a special (.teener'oldreporters. Committee refuses to allow lax credit would be allowed WASHINGTON (AP) A Kentucky and Pennsylvania, A Democratic-controHed them to offer a series of each family or single tax- private research group said where about half of the Congress is unlikely to go liberalizing amendments on payer 2 per cent of income yesterday there is lax en- nation’s coal is mined, along with Ford Democratic the House floor up t 0512,000, a maximum $240 forcement of strip mining leaders have said often that in Kep. William Green, D-Pa., which would be subtracted laws in Appalachia, for addition to procedural said lie would circulate the directly from tax bills. The reasons ranging from coal problems. Ford's plan would necessary petition to call a current $3O credit for each industry intimidation to pump up t lie economy with a caucus, then hold it back until lamilv member would expire, alleged corruption of mine inspectors. Corn harvest increases , . forcement of strip mining WASHINGTON (UPIt The Agriculture time record. i, W e in Wp c t viVoinia Department yesterday estimated the 1975 , „ c , ,_ , .... Virginia, corn crop at a record 5.804 billion bushels, Agricu ture Secretary Earl Butz predicted back,,, gup administration forecasts that recently that Soviet orders or corn and other here will be enough gram to permit more fl am^ could reach an eventua total of about sales to Russia while holding d,Vwn inflation 1 ' mi I, “ n . to " s ' ,nc , ud,ng Coniracls a ' read y in American fond prices reported for 13.1 million tons. MANCHESTER, N.H. White House communications The corn crop estimate was 66 billipn Despite these and other big export sales, (UPI) Carmen Chimento, man Kenneth Clawson, bushels above last month's forecast and 25 agriculture economists say supplies are big the American party can- Clawson now works in percent above last year's short crop. enough to hold retail food prices in the first didate in New Hampshire's Hampton, N.H., at the Analysts said the crop would meet all hall of 1976 to an increase equaling a four or disputed Senate race, told a headquarters of Wheelabra predicted domestic and export needs with five per cent annual rate by spurring ex- news conference yesterday he tor-Frye Corp., in public re eiiougli left over to increase carryover panded meat and poultry production. That is believes “Deep Throat,” the lations. He was not imme reserve supplies next fall. about half the nine per cent gain estimated source who gave Watergate diately available for com- Total production ol all crops was estimated tor this year and even farther below the 14.5 information to the ment. at 122 per cent of the 1967 average, an all- percent food inflation rate of 1973 and 1974. Washington Post, was former Post reporters Bob r™, THIS c °u p °N GOOD FOR MM ■■ THIS COUPON GOOD FOR MM F" ™'S ' COUPON GOOD FOR MM Exp. 11/26/75 ■ ■ Exp. 11/26/75 | ■ Exp. 11/26/75 | ■ the Purchase of a ■ ■ the Purchase of a ■ | the Purchase of a ■ I S ! TiaM ■ ■ (i/hFtP Medium Large | I v I I Pi z za I P ti v Pizza J Choice of any One item ■ ■ ■ I , ■ /7 \ II I \ | I t// \ Choice of any Two terns I m I \ Z 5 l jT \ Choice of any Two Items ■ m ;/ \ y ■ lx i 1 IM JF« lx i.F 6 i Little Caesars Pizza ! ! little Caesars Pizza ! ! 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High Fidelity House HI-FIDELITY HOUSE HAS THE BEST IN LOUDSPEAKERS ADVENT y[]| acoustiphase IfrlffllWW Oil production in U.S. declines CHICAGO, 111. (AP) Domestic crude oil Crude output the first 10 months of the year was production has dropped to its lowest'level in 10 placed at 8,034,000 barrels a day, the lowest level years, the American Petroleum Institute reported since 1965; when the industry posted a 7,804,000 yesterday. average. The January-October estimate included The decline is continuing, the Institute said, an October average of only 7,955,000 barrels daily, despite a sharp upturn in U.S. explorations for new In moving toward the fifth consecutive year of oil and gas reserves. _ decline, the preliminary 1975 average compares Frank N. Ikard, president of oil’s largest trade with 8,373,000 for 1974 and the all-time high of group, attributed the increased drilling operations 9,180,000 barrels a day recorded in 1970. to improved crude oil prices but said more lead time The industry has had more than 1,700 rotary is required for reversal of the downward trend for drilling rigs at work the past month, the highest production. average since 1963 Reports on crude production and drilling trends period and the highest level since 1966. Third were released as the Institute that represents all quarter completions totaled 9,188, compared with segments of the domestic industry opened its an- 7,981 in the third quarter last year, nual meeting. Oil completions are leading the 1975 activity. The Bribery, intimidation charged Mining laws reported Post source believed found PRICES ARE OOOD ONLY AT STATE COLLEGE STORE The Institute reported that new well completions the first nine months of 1975 totaled 25,729, an in crease of! 13.2 per cent over the comparable 1974 The center, which describes report said. “On the other itself as a public interest hand, some diligent in research organization, said 1 spectors have encountered that in all these states, strip personal threats and mining permit review is “too ’ beatings." rushed to be thorough.” Many Many strip mine operators violations go undetected find it less expensive to pay because of inexperienced or j the fines for violation than to overworked inspectors and; correct defects because fines, that many blatant violations; in the rate instances when are never reported. i levied, amount to little more Tested by SYCOMII COMPUTER “A wide variety of industry favors are available to a cooperative inspector,” the Woodward and Carl Bern stein in their book “All the President's Men" referred to their source as “Deep Throat.” Chimento said he reached his conclusion on “Deep Throat’s” identity by eliminating persons who could not have met with reporters at the right time. Conßail plan goes into effect WASHINGTON (AP) Consolidated Rail Corp. (Conßail), a giant quasi-nationalized freight system that would merge seven bankrupt railroads in the Northeast, of ficially came into existence Sunday. But nothing happened, nor will it until a lot of loose ends including the plan’s financing are worked out. Conßail has set a target date of Feb. 27, 1976, for actually beginning the new rail operations. The date is tentative at best. Congress had until Sunday either to vote down or to change the reorganization plan. By failing to take any action by the dealine, the plan automatically was approved. Now it’s up to Congress and the states involved, including Pennsylvania, to work out details of the proposed merger. In the meantime the railroads, including nine-month total includes 11,267 new oil wells, an increase of 22.9 per cent over the same 1974 period Gas wells totaled 5,215 but were down 0.3 per cent. Dry holes totaled 9.247. an 11 per cent increase. ». Exploratory oil wells were said to have increased 21 per cent over 1974. while exploratory gas wells were down 1.4 per cent. The Institute also reported that domestic demand for petroleum products the first 10 months of the year was more than one million barrels a day below the record level set before the Arab embargo. January-October demand was estimated at 16,154.000 barrels a day, compared with 16,629,000 in 1974 and the 1973 all-time high of 17,308,000. John E. Hodges, Director of statistics, said Gasoline and kerosine-type jet fuel were the onhjj products to show January-October increases. Gasoline consumption averaged 6,671.000 barrels; a day, an increase of 2.1 per cent over 1974 ignored than a “slap on the wrist,” the report said. “Mine operators offer in spectors money, food, trips, cars, tickets to games, lunch es, liquor, women, bulldozers and trucks in return for not reporting violations,” Mark Morgan, who coordinated the study, told reporters at a news briefing. Rep. John Seiberling, D- Ohio, a backer of the federal strip mine control bill that was twice vetoed by President Ford; said the study “is the kind of thing that gives us ammunition to get a law passed.” A new effort is expected to be made later this week to attach the strip mining bill, which calls for strict en vironmental safeguards and would tax coal operators to pay for land reclamation, to a bill before the House Interior Committee on federal coal the giant Penn Central, will operate asr before. Some 770 miles of track are slated for abandonment in Pennsylvania- Gov. Milton ■ Shapp, who has opposed the Conßail concept, j ever since it was announced two years agq,,„ contends the rail cutback would throw > thousands of workers out of the jobs in the’!' state. According to the plan's blueprint, the solvent Chessie railroad system must pur chase about half the trackage of the bankrupt „ Reading Co. "USRA (the United States Railway- Association) is still waiting to see whal,!* Chessie's final offer will be," a Reading, railroad spokesman said yesterday. .*’! "Right now Conßail owns nothing. It's like”.’, an agreement of sale I still own my_ property but you’veagreed to buy it." * > leasing practices. Seiberling said he thinks there’s a good chance the strip mining legislation will be approved, but conceded "it’s close." Rep. Ken Hechler, D VV.Va., said the center's report on strip mining "is the best argument for the abolition of strip mining that I've ever read.” "These data show the bankruptcy of the regulatory process," Hechler said. Both Hechler and Seiberling attended the news briefing held by the authors yf the report to answer 1 questions about its findings. "It is not hard to imagine the possible intimidation of an, inspector who must fact scores of potentially hostile employes and owners whnj have millions m dollars at stake," the report said.