Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Download this Issue


Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

This collection, digitized in collaboration with the Michigan Daily and the Board for Student Publications, contains materials that are protected by copyright law. Access to these materials is provided for non-profit educational and research purposes. If you use an item from this collection, it is your responsibility to consider the work's copyright status and obtain any required permission.

December 04, 1974 - Image 8

Resource type:
The Michigan Daily, 1974-12-04

Disclaimer: Computer generated plain text may have errors. Read more about this.

Page Eight


Wednesday, December 4, 1974


UMW heads see cont

Striking coal miners continued
voting yesterday on a proposed
three-year contract that would
provide a 64 per cent increase in
wages and benefits. United Mine
Workers (UMW) officials ex-
pressed confidence it would be
Voting results were to be
telegraphed to the union's Wash-
ington headquarters by each
local, and UMW President
Arnold Miller said he asked
locals not to release preliminary
totals "so as not to prejudice
those still voting."
AN unofficial Associated Press
survey of scattered returns
showed that with 19,680 votes
counted-about 16.4 per cent of
the 120,000 miners covered by
the contract-the new agree-
ment was being approved by a
slim 51.3 per cent margin.

Balloting was to have been
completed yesterday, but snow-
storms in the Appalachian coal-
fields impeded travel and the
deadline for affected locals was
extended to tonight.
A UMW official said expecta-
tions were that sufficient votes
would be counted by this after-
noon or evening that an an-
nouncement could be made. If it
is ratified, the union has said,
mines could begin reopening
"IT COULD go either way
here," said Richard Carter,
president of District 29 in south-
ern West Virginia. No ballot
figures were available from his
district, largest in the union,
where miners dissatisfied with
the contract mounted a cam-
paign against ratification.
The strike has so far forced
the layoffs of more than 25,000


workers in coal-related indus-
tries, mostly at steel mills and
on coal-hauling railroads.
The Tennessee Valley Author-
ity, which generates 75 per
cent of its electricity at coal-
fired facilities, cited rising coal
costs in an announcement yes-
terday of a power rate increase
averaging an estimated 17 per
cent. The authority said the
boost, effective in January, will
average from 6 per cent for
home owners using small
amounts of electricity to 25 per
cent for its largest industrial
OFFICIALS at U.S. Steel,
which has laid off slightlywmore
than 18,000 men, were waiting
to see whether the contract will
be ratified. "We're trying to
keep operations going and we're
doing a pretty good job," said
a spokesman. "We don't want
to do anything now. If we antici-
pate a start-up, we want to be
in a good situation to get back
in full production."
One of the strongest votes
against the three-year contract
package was in District 22,
wvhich covers Utah, Wyoming
and Arizona. The vote there was
1,020-709 against the pact, ac-
cording to district president
Henry Brownfield.
Illinois miners narrowly re-
jected the agreement, 4,368 to

ract ap
4,194. A UMW spokesman in i
Washington said that vote was
considered a good sign, because
it was felt the district would+
vote more strongly against rati-
NO figures were available for;
District 6 in eastern Ohio and+
West Virginia's northern pan-
handle. But William Yost, presi-
dent of Local 2262, said three-
fourths of his 460 members had
voted and he knew of only six

who went for ratification.
Yost, leader of a protest
against the contract last week-
end at Bellaire, Ohio, said min-
ers are dissatisfied with pro-
visions for safety and the
amount of wage hikes and va-
This was the first rank-and-
file ratification vote. Until Mil-
ler entered office, contracts
were simply approved or re-
jected by the union leadership.

Compromise made
on strip mining bill

- s.-s . - - -- -- --.--.-- --
® March 2nd-9th
L -,
8 Days & 7 Nights
::M Q 1 ;.:::::* Jet Air Jamaica
from Detroit
" Round trip jet between
Detroit and Monteqo.
Bay, Jamaica
" Hotel tips and taxes.
* 7 niqhts accommodations
at the Luxury 'Turtle
DEADLINE Beach Tawers' on a
beautiful white sand beach.
* Round trip transfers from
your htel and the
JANUARY 25, 1975 airport.
ON LY $292 per person

Senate conferees broke a
months-long deadlock yesterday
and approved a bill to impose
the first environmental controls
on strip mining of the nation's
The conference committee ap-
proved a compromise bill, 12
to 6, sending it to the floors of
both houses for final approval.
THE breakthrough came after
conferees agreed to a provision
allowing ranchers and farmers
whose land sits above federally
owned coal to veto strip mining
of their land.
1 Rep. Morris Udall (D-Ariz.),

5th annual U-M SKI TEAM
WHERE: Former Hockey Coliseum, 721 S. Fifth
at Hilt St. near Fingerle Lumber Co.
TO SELL: Bring items to Coliseum on Friday,
Dec. 6, 2-9 p.m.
TO BUY: Come browse in Coliseum on Satur-
day, Dec. 7, 9 a.m.-8 p.m.
INFO call 668-7323 or 663-4630
Sales commission charced to help support U-M Ski Team

the conference chairman, called
the compromise "an excellent
bill" and predicted its passage
by the full Congress.
The conferees met for the
first time since Nov. 21, when
numerous other proposed com-
promises were rejected. Sen.
Henry Jackson (D-Wash.), con-
ference co-chairman, said the
final effort was made "in the
spirit of compromise."
THE MOVE is significant be-
cause the government owns
about 80 per cent of the vast
coal reserves of the West, much
of it underlying private ranch
and farm lands in Wyoming,
Montana and the Dakotas.
House conferees have held
out from the beginning for a
provision to give surface own-
ers veto power over the mining
of this coal.
Senate conferees complained
that such a provision= would
allow surface owners to reap
windfall profits by selling their
rights to coal companies or land
Under the new compromise,
however, if a surface owner
consented to strip mining, he
could get no more for his land
than its fair market value, cer-
tain relocation costs plus up to
$100 an acre as a bonus.
The $100 figure was proposed
by Sen. Bennett Johnston (D-
La.) who said it would permit
surface owners to reap only a
"limited windfall" from selling
their surface rights.

AP Photo
Road called on atccount of flood
If your plans had included a stroll on the Shor e Parkway promenade in Brooklyn yesterday to
gaze at the Verranzano Bridge, you clearly would have been out of luck. A combination of high
winds and high tides flooded the walkway and closed a stretch of the road.
Rockefeller family wealth
totals more tian $1 billion

WASHINGTON (A") - The in-
vestments held by three gen-
erations of Rockefellers, either
outright or in trust, total more
than $1 billion, the family's
financial adviser said yester-
But Richardson Dilworth told
the House Judiciary Committee
the holdings are scattered
among 84 individuals who never
pool their resources or act to-
"IT should be stressed that
both the family members and
their investment advisers in the
family office are totally unin-
terested in controlling any-
thing," Dilworth said at the
confirmation hearings on Nelson
Rockefeller's nomination to be
vice president. The aim of both
the family and their economicI
advisers is simply to make
more money, Dilworth said.

it would shed some light on the
But the picture of stock port-1
folios so extensive it takes 154
people to manage them, the
talk of convertible stocks, cou-
pons and fid, ciary obligations
and the fact the vast holdings
of the Rockefeller Foundation
and other family-connected
funds were not included in Dil-
worth's presentation left most
members little more enlightened
than they had been.
"ONE as unskilled as I am
in this level of finance faces
great difficulties in this hear-;
ing," said Rep. John Conyers
(D-Mich.), sounding a note
echoed 'by several others.
Dilworth said his testimony
marked the first time an aggre-
gate of Rockefeller family in-
vestments had ever been put
together. It showed the 84 fam-

so'iates in the family office.
In addition, they are bene-
ficiaries in two trusts with as-
sets totaling $738,600,000 which
are supervised by independent
trust companies.
The totals do not include any
nersonal resideptial property,
jewelry or other personal be-
lo 7ings, nor do they include
Nelson Rockefeller's art collec-
tion, which he has valued at $33
Ina senarte financial state-
mn-nt he f'submitted to the com-
mittee earlier, Nelson Rocke-
fellar gave his total net worth
as %2.6 million, plus being the
b-nvf eary in trusts worth $116
"When I go on a board I'm
not thinking of making, an
eighth, or a qharter (increase in
stock prices) for the Rockefeller
family," he said. "I'm thinking
of the preservation and increase
of capital in this country. Be-
cause the capital needs of this
country are enormous."



_ i
/y."'"" 00 0, .
There's something about
an Amtrak train ride that
brings people closer and makes
everybody a little more sociable.
Maybe it's because for a couple of
/ hours you can forget the hassles
hrof the world outside and just relax
in a good, comfortable coach seat.
Maybe it's the close-up view of the
scenery you get from Amtrak's
picture windows. You'll be surprised
how different everything looks when
you don't have to watch out for other
Or maybe it's the fact you can-,
get up whenever you fe'el
like it, and grab a little r_
something to eat or drink
s at the snack bar or a lot to eat
I °at low prices in a dining car._.
And speaking of low prices, Amtrak fares
are still very reasonable by today's inflation-
ridden standards. Not as cheap as hitchhiking
perhaps, but a lot less than flying. And when
you buy a long-distance ticket, you can get
off and on at any stop along the way.

Rockefeller's wealth and its ily members own either out-
possible impact on the economy right or in trust a total of
has been a major concern of 6295,388,000 in stocks, bonds
the committee, and Dilworth's tand real estate which are man-
testimony was sought in hopes aged by Dilworth and his as-

The Women's Community Center Presents
A Concert of Music for Women
Feminist singer-songwriter from
Olivia Records, Wash., D.C.
THURS., DEC. 5 at 8 p.m.
Day Care Provided, $2.00 at door

Armed Forces Health Professions Scholarship Program

If you're one of tormorrow's physicians,
there are some things you should know

For instance. You should know about the op-
portunities offered by Armed Forces Health
Care. As an officer in the service of your
choice you'll work in modern facilities. With
up-to-date equipment. And modern, up-to-
date professionals in every area of- Health
For example. You should know that
Armed Forces Health Care offers opportuni-
ties for initialtraining and advanced study in
practically every specialty. Not to mention
the opportunity to practice it.
You should know, too, that we make it
possible for you to pursue a post-residency

Just one more thing...we think if you
know all the facts, today, you may want to be
one of us tomorrow.
Find out. Send in the coupon and get
the facts...today.
There are limited opening;,for academic year 1975-1976,
Armed Forces Scholarships z-CN-124 I
I P.O. Box AF- I
P Pora. ill.r61614
1 f ;, i ro atian for the foiiowing program: I
INrv Aif-Force 7rMedca1 p 'rny I
t: yv rnPodiatryitnymertry a
S Nar ir. ,.. _ I
N m S(oleaseprin)
f Soc.Sec. ._Phron e_

Back to Top

© 2024 Regents of the University of Michigan