The daily collegian. (University Park, Pa.) 1940-current, November 11, 1975, Image 4

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    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
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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.