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October 12, 1974 - Image 3

Resource type:
The Michigan Daily, 1974-10-12

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Saturday, October 12, 1974


Page Three

SatudayOctber 2, 174 HE MCHIGNDILY__gehre


President pleased
*71 -N

with econom'
WASHINGTON (0)-President a gathering of the Future Farm-
Ford told his Cabinet yesterday ers of America.
.'Jhe believes his economic pro- AT YESTERDAY'S Cabinet
gram is "good - despite what meeting, the President got a re-
the critics say" and that no one port from Roy Ash, director of
has come up with better ideas, the Office of Management and
the President's chief spokesman Budget, on attempts to reduce
reported. duce the number of federal em-
"Some say it's too tough, ployes. Also, Nessen said, Ford
some say it's not tough enough received a report on the Bos-
S- but no one is offering any- ton school desegregation situa-
thing better," White House tion from Atty. Gen. William
Press Secretary Ron Nessen Saxbe.
quoted Ford as saying. Simon, in testimony before
-M EAN WH I LE, the na- the Joint Economic Committee
tion's foremost business lead- responded to criticism about
ers forecast that unemploy- Ford's inflation - fighting ef-
f 4 ment would rise to 61 per cent forts.
next year but that the coun- SEN. WILLIAM Proxmire (D-
try would avoid a serious reces- Wis.) vice chairman of the com-
sion. mittee, asked how the admin-
The business leaders also pre- istration can justify a program
dicted that the inflation rate that raises taxes on middle-in-
next year would decline to 8.5 come families while effectively
per cent, down from about 11 giving industry additional tax
per cent this year. This eco- breaks.
nomic prognosis was released Proxmire said the proposed 5
at a Hot Springs, Va., meeting per cent surcharge on the taxes
the the Business Council. of families with incomes above
ON CAPITOL HILL, Treasury $15,000 "serves no useful eco-
Secretary William Simon said nomic purpose. It is not aimed
yesterday there is no economic at the kind of problem we
justification now for removing have."
federal price controls from oil. BUT SIMON called the sur-
Simon told a congressional charge one part of a "balanced,
AP Photo panel that President Ford sup- comprehensive and integrated
ports continuation of the oil de- package of economic policy."
d j pletion allowance as long as Consumers will be the ulti-
prices are controlled. However, mate beneficiary of the increas-
iool yesterday before buses he said Ford will sign a tax-re- ed incentives for business in-
uch trouble and low attend- vision bill phasing out the al- vestment, Simon said, because
rrived for the opening of lowance because "on balance the result of higher investment
on hand to escort the buses it's got a lot more good than will be greater production and
bad." lower prices.
THE WHITE HOUSE was "It would be nice if we could
moving ahead with further lower rather than raise taxes
plans on the economic front, in- and it would be nice if we could
cluding the first formal meeting put even more money into pro-
of the Council on Wage - Price grams to cushion the impact of
Stability. inflation where it has fallen
S IIAt a White House meeting disproportionately," said Simon,
d e sp ite yeserdayafternoon, Ford or- --------- -
dered the Cabinet-level group to
take up as first priority a sur- W onted:
vey of government departments TEMPORARY
Lai 1rg and agencies and how they PARENTS
can hold down spending.I HOMES FOR
The election showed that the uled a meeting today with his 1 day to 2 weeks
o giant parties still dominate new 18-member Citizens Action ANY ADULT (S)
itish politics, with the na- Committee to Fight Inflation. CONSIDERED
n divided almost equally be- Ford intends to spell out what
een the two. he wants Americans to do as CALL
The Liberal party, which had part of a voluntary energy con- Ozon House
vived recently and hoped to servation and anti-inflation ef-
eak up the two-party system fort when he appears next 769-6540
r emerging as a real third Tuesday in Kansas City before
rce, saw its major election
fort shattered. Its normally
nnty leader. Jeremrt Thorne

rc pIi
who now is Ford's top econom-
ic spokesman.
"But we can't do those things
and also achieve our primary
goal, which is to work down the
rate of inflation," he added.

Ann Arbor Civic Theatre presents
A Musical Farce
based on "The Importance of Beinq Earnest" by Oscar Wilde
___iht l4W
Oct. 9-11, 1974 Oct. 12, 1974,
8:00 p.m. 7 & 10 p.m.

Changing of the guar(
Massachusetts State Police march outside South Boston High Sch
brought black students to the school. In South Boston, scene of m
ance in the past four weeks, seven buses full of black pupils at
school and the blacks entered without inciden t. The police werec
and maintain order.
WIson,-%hopv1-eful 0
narrow Vctory i


SIMON SAID the effects of
increased investment incentives.d elssohn Theatre
would begin showing up next Tckt LyiMedlsh Ietr
woldbeinshwngupnet i ckt $3.50 and $4.50, available at the box office and
spring, although he conceded Liberty Music Shop $
several years might be required
to reduce inflation to an accept- _~-
able rate.
A key element of Ford's anti-
inflation package is aimed at "
increasing the nation's energy
supply while reducing oil im-
ports, to cut down U. S. depen-
dence on foreign suppliers.
However, while the price of w ith a
uncontrolled domestic oil has
risen to $11 a barrel - about
the same as imported oil -
there have been no dramatic in-
creases in domestic production.
The industry wants Congress
to lift price controls on all do-
mestic oil, but Simon said
there is "no economic justifica-
tion at this time for removing
the lid on" price controlled oil.
Volume LXXXV, No. 33
Saturday, October 12, 1974
is edited and managed by students
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phone 764-0562. Second class postage -
paid at Ann Arbor, Michigan 48106.
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REGENCYOur affiliation with Telefood Specialists throuhout the
eyou of the samesualityand personal serv-
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LONDON (Reuter) - Prime
Minister Harold Wilson yester-
day emerged from Britain's
election with a tiny majority of:
only three over all the other
parties together - but he de-
clared confidently that his La-
bor government could go on!
with its socialist program.
"This parliamentary situation
is not only challenging and in-
teresting but it is viable and
can endure until this govern-
ment can complete the job it
was elected to do," he told
jubilant supporters. The other

parties and groupings, he said,
would not be united enough to
defeat Labor in Parliament.
After a night and day of ten-
sion since counting began
Thursday evening, the final
trickle of results showed that
Labor had won 319 of the 635
seats in the House of Com-
mons. In the last election in
February Labor won 301 seats.


who had 296
to 275 with
to come.

last time, were cut
only a few results

accieaal urt
DAMASCUS, Syria (AP) - The! THE ACCIDENT delayed Kis-
Secret Service agent who guards singer's take off from Cairo for
Secretary of State Henry Kis- Damascus for half an hour
singer was wounded yesterday while technicians inspected the
when a submachine gun toppled fuselage for bullet holes. The
from a rack in the rear of Kis- bullet pierced the ceiling of the
singer's jet and discharged as Boeing 707 after passing through
the jet taxied at Cairo Air- the clothes bag of Undersec-
port. retary of State Joseph Sisco. U.
Walter Bothe, 33, of Alexan- S. officials said Bothe was "in
dria, Va., sustained wounds in very good condition and com-
the right side of the scalp and pletely ambulatory."
the right forearm. Kissinger is being guarded by
"Don't worry about me. Check several dozenbSecret Service
the secretary," Bothe shouted men on his week-long dash
in the uncertain moments that ' through the Middle East, but
followed the gun's report. Bothe, whom Kissinger describ-
STANDING 20 feet away, Kis- ed as "a close friend," is the
singer hurried to the front cabin secretary's regular bodyguard.
of the U. S.hAirhForce jet when with Kissinxge and te others
he heard the shot. The cabin: wt isneadteohr
shaes eredran, nd gens iof the special detail are posted
shades were drawn, and agents in advance along the way.
rushed into Kissinger's com- AS KISSINGER worked last
partment as Dr. Martin Wolfe, December on anIsraeli -Egyp-
a State Department physician, tian troop disengagement agree-
treated Bothe, who was sprawl- ment, the secretary's plane was
ed on the floor, diverted from Beirut to Rayak
Afterward, when, it became Air Force Base in Lebanon aft-
clear the plane had not been at- er reports were received that
tacked and that Bothe was con- Palestinian terrorists might be
scious and in no apparent dan- planning an attack.
ger, Kissinger returned to the Later that month, in Madrid,
rear section. the Spanish prime minister was
"If you want to get off the assassinated one day after Kis-
detail, just say so," Kissinger singer left Spain, and a Basque
joked. He also whispered to the group that claimed responsibil-
agent seriously: "You are ity said Kissinger also had
damned lucky." been a target.

ja(.ll y UU, J uly 1 pj
was bitterly disappointed.
THE SCOTTISH Nationalists
made a slight gain, the Welsh'
Nationalists won an extra seat'
to give them three, and a stren-
uous offensive by the extreme
right-wing National Front was
completely wiped out.
The right-wing Protestant Ul-
ster Unionists, who want con-
tinued union of Northern Ire-
land with Britain and oppose
sharing power with the Catho.
lic minority, continued to dom-
inate the troubled provinces
small group of seats.
There were about six seats in
the election still to come, but
SLabor was not expected to win
any of them.
SO THE FINAL line-up of a
Parliament that will have to
conquer Britain's grave eco-
nomic crisis will be 319 Labor
seats against 316bothers, of
which the main bulk are con-
The turnout of voters was less
than in February, down from
78.8 per cent of the 40 million
electorate to 72.4 per cent.
Daily Official Bulletin
Day Calendar
Saturday, October 12
PTP: Cyrano de Bergerac, Power
Ctr., 8 pm.
Music School: varsity Night, fea-
turing Geo. Carlin, Hill Aud., 8:30
llRi N { fi 'AZTPR tK

Make your photo appointments now at the
Diag or cal 764-0561 after 7 p.m.

Yearbook reservations are
also being taken.

U. of M.E
Offering programs in Business, Adver-
tising, P u b I i c Relations, Publishing,
Broadcasting, and other fields.
7:00 p.m.-Aud. B-Angell Hall
open to juniors & seniors oriented
towards liberal arts backgrounds







Becoming a physician is a tremendous
Let us give you the job satisfaction
that should go with it.

The Copy Center
of Ann Arborr

The Adler Trio Godi Elon The Sobria
DATE: Monday, October 28, 1974
TIME: 8:00 P.M.
PLACE: The Power Center for the

Whether you're still in medical school with the
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cation still to be faced, or are already a practicing
physician, it's our opinion that the Air Force can
offer both professional and personal satisfaction
hard to duplicate in civilian life.
An overstatement? Not if you consider the
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Creature comforts aside, the Air Force offers
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the Air Force does not. He unds hisofficeestablished
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Whether you are already a physician, or soon to
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ArForceportunitis C-CM-i04
I P.O. Box A..






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