The daily collegian. (University Park, Pa.) 1940-current, December 01, 1977, Image 28

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    28—The Daily Collegian Thursday, December 1, 1977
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Egyptian police stand guard outside the more-than-a
century-old Mena House, announced as the site of the pre-
Carter backs natural gas stand
WASHINGTON (UPI) P,resident
Carter said Wednesday •he sees no
possibility of changing his stance on
natural gas prices and promised he will
make no deals undercutting his sup
porters on energy legislation to benefit
the oil industry.
Carter again said he would veto any
energy bill that treats consumers un
fairly, fails to increase energy con-
P.S.U. Bestseller
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servation and supplies, or "bankrupts"
the federal budget.
But he did not say during a news
conference what specific provisions
might prompt that veto.
House and Senate negotiators,
meanwhile, continued their efforts at
fashioning an energy package ac
ceptable to Carter and a majority in the
Congress.
Arnijant
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Geneva Middle East peace talks scheduled for next week.
Several major questions, remain
how much the price of natural gas will be
allowed to increase, whether to impose a
wellhead tax on crude oil and what will
be done with the proceeds from that tax.
Senate conferees, led by Sen. Russell
Long, D-La., are pushing for, phased
deregulation of natural gas with prices
rising to $2.48 per 1,000 cubic feet im
mediately.
Sadat defends meetings
By United Press International
Egyptian President Anwar Sadat
Wednesday lashed• back at Arab critics
of his peace initiative and vowed, "I will
finish what I started."
The PLO appealed to the Egyptian
army to stop Sadat's "conspiracies."
The Soviet Union formally told Egypt
it will not •go to Cairo to discuss Middle
East peace and Egypt replied that the
Soviets were wasting an opportunity for .
peace.
Israel said it would not' attend a
separate U.N. peace conference but
diplomatic, sources said the Jewish state
would halt' further settlements in oc
cupied Arab lands to help the cause• of
peace.
In Washington, President Carter
praised Sadat for a "historic
breakthrough" in the quest for Middle
East peace and said the United States'
would move to the sidelines now that the
Gulf Oil accused of tax fraud
UPI telephoto
PITTSBURGH (AP) An Internal Revenue ServiCe review
excusing Gulf Oil Corp. from tax liability on its $10.3 million
political slush fund was a fraud written.by a Gulf attorney, a
federal prosecutor says.
Assistant U.S. Attorney Craig McKay has charged that the
1974 report concluded there was $200,000 in the domestic fund,
when in fact it contained nearly $5 million.
,The allegation raised new questions about Gulf's `tax lia
bility, but neither the IRS nor the Justice Department would
comment Wednesday on possible action against the company.
McKay also charged that IRS auditor Cyril J. Niederberger
shared- sensitive .documents from the Watergate Special
Prosecutor's Office with the lawyer Gulf had 'retained.
At the time, the special prosecutor was investigating Gulf's
use of a Bahamas-based subsidiary to dispense over $10.3
million to foreign and domestic politicians during a 13-year
period. ' '
two main belligerents 'were negotiating
face to face, •
Sadat said in a speech in the Suez
Canal city of Ismailia: "I will carry my
peace call.to the very end."
Defending his trip to Jerusalem, Sadat
said, "I did what I did because I felt the
weight of the responsibility.
"It would have, been easier for me to
stay in my place, talking and attempting
to outbid other Arab leaders and leave
the problem to my successor," -Sadat
said.
"But I felt that God will summon me to
account if I'did not work to spare future
generations the ferocity of war," Sadat
said. "Before meeting my God, I have to
do my best for the sake of this country. '
"I promise you that I will finish What I
started in order to realize for our people
a better future and for our future
generations a more peaceful life," Sadat
said.
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This was "a concealment and a coverup," McKay said .at
the opening of a Gulf executive's trial Tuesday on charges thitk
Niederberger received free vacations from the oil compako
"Gulf knew it, Mr. Niederberger knew it and the attorney
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for Gulf knew it," McKay said. .. - ~,
The attorney was not identified. - •. r i ., ,
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"Fred W. Standefer, Gulf vice' president for tax adminis
tration, is on trial here. The company declined comment pi
the government's charges in light of the court proceeding;
"Our feeling right now is that we're not in a position to make
'any comment on statements made at the trial," a Gulf
spokeswoman said. "We don't wish to say anything that might
•44
'=influence the outcome of it. That wouldn't be fair." ~ .
The spokeswoman added she was not aware of any slusli
fund tax liability determined subsequent to Niederberger
report.
"I promise you that, God willing, I will
perform the prayers of the next feast of
•
sacrifice in the heart of Sinai."
During his trip to Israel, Sadat offered
the prayers_ of the Moslem Al Adlin
(feast of the sacrifice) at Al Aqs.P
Mosque, Islam's third holiest shrine, ip
Jerusalem.
In Damascus, Arabs opposed ;to
Sadat's initiative and direct talks with
Israel held a strategy session for their
own sumnlit in Tripoli, Libya, but two*
rival Palestinian groups squabbled ()Ve i t;
their anti-Sadat stand. • ~•:•••
The hard-line Palestinian Rejection
Front so-called because it rejects ally,
negotiations of any kind with Israel ^I
boycotted a Palestine Liberation"
Organization meeting.
•
The PLO issued a statement at the
conclusion of a meeting of its Centinl
Council calling on all. Arabs to oppciq
Sadat's initiative. -