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—The Daily Collegian Friday, July 1, 1977
2 oil powers to
by 5 per
By United Press International
Saudi Arabia and the United Arab
Emirates, who provide one-third of U.S.
oil imports, will raise the price of their
oil by 5 per cent today, the Kuwait
newspaper Al Anba reported yesterday.
The increase would bring an end to the
price war among the 13 members of the
Organization of Petroleum Exporting
Countries (OPEC), with at least 11 of the
members charging the same price for
The Kuwaiti report followed a public
declaration Wednesday by nine of the
other 11 OPEC members canceling a
previous decision to implement a 5 per
cent price hike of their own today.
If the Saudis and Emirates now raised
their current prices by 5 per cent, most
of the OPEC nations would charge the
same price for oil at a rate 10 per cent
above the 1976 prices.
The only blemish on the decision of
nine OPEC members to cancel their
price hikes was a decision by Iraq and
Libya not to join the others in signing the
public policy statement.
However, oil sources said this ap
peared to be more a gesture of their
displeasure at not going ahead with the
price increase rather than a signal of a
new split within the oil cartel.
The sources said it would be difficult
for the two nations to go ahead with a 5
per cent price increase on their own in a
world market dominated by the other 11
OPEC members ' charging cheaper
Al Anba, quoting what it said were
"reliable sources" for its report, said
Saudi Arabia and the Emirates made
their decision to raise prices in an effort
to compromise with other OPEC
members and put an end to the price
split that had threatened to undermine
the oil cartel.
In a related development, Venezuelan
President Carlos Andres Perez, one of
the chief architects of the price com
promise, also said on Wednesday he
thought the Saudis and Emirates would
raise their prices in line with the others.
BANGKOK, Thailand (UPI) The
Southeast Asia Treaty Organization,
born 23 years - ago from the fears of
the Cold War, died quietly yesterday,
The Stars and Stripes was the first
of the flags lowered for the last time
from t EATO headquarters yesterday
afternoon. Nobody played taps and
there were no officials present, ex
cept SEATO employees whose
regular duty it has been since 1954 to
raise and lower the flags at the
From Hanoi, Vietnam said the end
of SEATO showed "the bankruptcy of
a reactionary strategy masterminded
by the United States in this region."
Because of SEATO, founded at the
instigation of the United States and
including such farilfing partners as
Britain, France, Pakistan, the
Philippines, Australia, New Zealand
and Thailand, the tide of communism
in Asia was staunched for perhaps a
This was the strategy of the late
Secretary of State John Foster
Dulles, who repeatedly insisted that
the allies "stem the tide of corn
munism" in Asia.
His was a "policy of containment"
another of his slogans against
the threat from mainland China.
SEATO was technically a creature
of Article Four of the Manila Pact.
Article Four was invoked by the
United States and Saigon govern
ments to get other member nations
committed to the Vietnam War.
Beneath what came to be called the
"Umbrella clause," Article Four
included the Indochinese states of
Cambodia, Vietnam and Laos.
Using arguments of , Secretary
Dulles, • former Secretary of State
Dean Rusk in 1964 convinced other
member nations to send troops to
Vietnam. Australia, New Zealand,
the Philippines and Thailand all sent
troops in proportion .to their armed
UNITED NATIONS (UPI) The
United Natiorig Security Council
yesterday called upon all nations to
help Mozambique defend its borders
against Rhodesian raids.
The resolution unanimously
adopted by all 13 council members
stopped . short of recommending
But observers noted that its word
ing was ambiguous enough to leave
the type of aid up to the discretion of
U.S.. Ambassador Andrew Young
coupled praise for the resolution with
a stern warning to Rhodesia that it
must not expect "the United States,
now or ever, to rescue it from the
position in which it has placed itself."
He called upon all U.N. states to
"redouble their efforts to make sure
sanctions against Rhodesia are en
Western diplomatic sources
stressed that the resolution does not
commit them to extending military
aid to Mozambique.
But they pointed out that it does not
prohibit other states such as the
Soviet Union from doing so.
The 14-point resolution introduced
by black African delegations Wed
nesday asks all nations to give "im
mediate and substantial material
assistance" to Mozambique. '
It also calls upon member states
and U.N. agencies to provide
financial, technical and material
assistance to Mozambique to help it
overcome the economic losses caused
by the Rhodesian incursions and
by the economic embargo against
Rhodesia.. . .
BANGKOK, Thailand (AP)
Aided by corrupt officials and the
Hanoi government's inability to
patrol all of a long coastline, Viet
namese are still fleeing their Com
munist-ruled homeland in increasing
U.S. Secretary of State Cyrus R.
Vance called the continuing
Indochina exodus one of "the world's
urgent humanitarian concerns" and
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Friday, July 1
Penn State Tennis Club 3rd annual junior tennis tournament, beginning 7:30 a.m.,
University tennis courts near Ice Pavilion.
Festival Theatre, The Royal Family, 8 p.m., Pavilion Theatre.
G.S.A. Coffeehouse, 8 p.m., Room 102 Kern.
Saturday, July 2
Last date for August graduates to deliver doctoral theses to committee.
Kern Graduate Bldg. closed.
Lion's Den closed.
Terrace Room closed, and all Saturdays during summer term.
Pattee and University Park branch libraries hours, 8 a.m. - 5 p.m.
P.S.O.C. Hiking Division, backpack on the Chuck Keiper Trail, through July 4
Penn State Wargaming Club meeting, noon - 11 p.m., Room 101 EE East.
Festival Theatre, The Royal Family, 2:30 and 8 p.m., Pavilion Theatre.
Sunday, July 3
Kern Graduate Bldg. closed.
Lion's Den closed.
Terrace Room closed.
Penn State Wargaming Club meeting, noon -11 p.m., Room 101 EE East
Pattee and University Park branch libraries hours, 1 - 10 p.m.
Festival Theatre, The Royal Family, 7:30 p.m., Pavilion Theatre,
r TIT 1 Mil FT 17;
"THE SPECIAL BEER FOR THE
Friday, July I—Sunday, July 3
has urged that countries not turn
their backs on "these unfortunate
More than 300 Vietnamese arrived
at Thai ports in June and scores of
others sailed to other not always
friendly countries in the region.
Some Vietnamese were picked up by
passing freighters. Still others
watched as ocean-going vessels
passed them by on the high seas.
By The Associated Press •
Diplomats in Addis Ababa said
yesterday that "hostile elements" in
uniform had occupied an Ethiopian
town near the Stidan border and some
reports said the invaders were
Elsewhere in troubled East Africa,
Kenya charged that 10,000 Somali
troops had invaded northern Kenya.
Somalia denied the charge and said
the invaders were probably
Western diplomats in Addis Ababa,
the Ethiopian capital, said
missionaries along the western
border with Sudan reported that the
town of Beica —in Worrega Province • '
23 miles from the border and 300
mild west• of Addis Ababa was
occupied by "people in uniform" two
or three days ago.
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