100%

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

Share

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.

January 18, 1975 - Image 3

Resource type:
Text
Publication:
The Michigan Daily, 1975-01-18

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

}aturday, January 18, 1975

THE MICHIGAN DAILY

Page Three

THE MICHIGAN DAILY I'age Three

U

South Viet troops
raise counterattack

-Umm

SAIGON, South Vietnam (X)-'
A 2,000-man South Vienamese
force spearheaded by more than
50 armored vehicles launched a
counteroffensive along the Cam-
bodian border yesterday.
The operation is designed to
block a North Vietnamese divi-
sion from thrusting acros the
western Mekong Delta and cap-
turing another province, t h e
commanding general said.
In Cambodia, Comm nist-led
Influenze
epidemic.
reported
ALTANTA (AP) - An influenza
epidemic centered in the south-
eastern United States, is caus-
ing deaths exceeding the epi-
demic threshold for the first
time this winter, the National
Center for Disease Control an-
nounced here yesterday.
The center's Morbidity and
Mortality Weekly Report also
said that outbreaks of the Type
A Port Chalmers influenza
strain are spreading to t h e
Midwest and the New England
"states.
A center spokesperson said
the number of deaths expected
weekly for the first and second
weeks of January was approxi-
mately 530. An increase of
about 50 deaths above this de-
termines an epidemic level.

rebels ambushed a resupply
convoy to the besieged Mekong
River town of Neak Luong,
kiling or wounding 20 govern-
ment soldiers and badly dam-
aging three boats, military
sources said. They said the in-
surgents also shelled N e a k
Luong, 32 miles southeast of
Phnom Penh, killing or wound-
ing 15 civilians. The town has
been under siege since N e w
Year's Eve.
Field reports said the South
Vietnamese force met stiff re-
sistance as it sought to retake
one of three outposts overrun
by troops of a North Vietnam-
ese Division earlier this month.
A South Vietnamese A37
bomber and a helicopter were
shot down supporting the drive
55 miles west of Saigon and with-
in one mile of the Cambodian
border, field reports said. Heavy
South Vietnamese air and ar-
tillery strikes were reported in
the region.
Brig. Gen. Huynh Van Lac,
commander of South Vietnam's
9th Infantry Division, told news-
men that about 5,000 North Viet-
namese troops from the Sth Di-
vision operating from Cambod-
ian bases launched their cam-
paign last month.
He said their objective was
to seize Kien Tuong Province
and push farther south into the
western Mekong Delta to lank
up with another North Vietnam-
ese and Viet Cong division in
Dinh Tuong Province, collect-
ing the rice harvest along the
way. This would give them a
long supply corridor through the
western Mekong Delta.

3
j
TIC
1
C
f
!,,
7 ! I ;,
I
1 ',,,
s
1 I
i
""
'
i
1
T

It

. .. that working for a
newspaper can be exciting,
frustrating, enjoyable and
refreshing

Why Not join THE DAILY?)
A great place to meet people, drink 5c cokes and learn
about a newspaper on the Business, Editorial or Sports
Staffs

Ir

AP Photo
Protest!
Thousands of Greek Cypriot students protest the British decision to allow 10,000 Turkish
Cypriot refugees to be evacuated from a British base on Cyprus to Turkey. The refugees
would later return to the Turkish held portion of the island. One girl was killed during
the demonstration when she was struck by a British truck. The British used tear gas and
fire hoses-to disperse the students when they began stoning British servicemen.

Energy plan hits
windfall oil profits

THE MICHIGAN DAILY
Volume LXXXV, No. 90
Saturday, January 18, 1975
is edited and managed by students
at the University of Michigan. News
phone 764-0562. Second class postage
paid at Ann Arbor, Michigan 48106.
Published d a I I y Tuesday through
Sunday morning during the Univer-
sity year at 420 Maynard Street, Ann
Arbor, Michigan 48104. Subscription
rates: $10 by carrier (campus area);
$11 local mail (Michigan and Ohio);
$12 non-local mail (other states and
foreign).
Summer session published Tues-
day through Saturday morning.I
Subscription rates: $5.50 by carrierl
(campus area); $6.00 local mail
(Michigan and Ohio); $6.50 non-
I I

WASHINGTON (P) - Presi-
dent Ford's energy prog am
proposes to tax away most of
the windfall profits reaped by
U.S. oil companies from price
increases imposed by the inter-
national oil producers.
However, the companies woold
gradually get to keep more
and more of the windfall money,
under Ford's plan.
Since the Organization of Pe-
troleum Exporting Countries
(OPEC) quadrupled its oil
prices about a year ago, U.S.
oil companies have nearly mat-
ched the increase with nikes in
the charge for domestic oil
free of price controls, reaping
some $4.2 billion in urearned
before-tax profits. .
President Ford announced on
Wednesday he would erd federal
price controls on the remaining
75 per cent of U.S. oil on April!
1, unless Congress stops him.
Without a windfall profits tox,
the oil companies, unearned
benefits then could zoom to
around $17.4 billion be oe tax-:
es.
Ford has asked Coagress to
impose a windfall profits tax
by April 1 that would divert
most of the companies' sudden
new revenue into the U.S.
Treasury.
The administration figures its
tax proposal would recover

about 88 per cent of the wind-;
fall profits on oil, allwing the
oil industry some profit increase
to cover rising costs and to
stimulate investment in explora-
tion and development of Pew
posed to reduce the windfall
supplies.
The administration also pro-
tax, month by month, in a grad-
ual phase-out allowing the com-
panies to keep increasing por-
tions of the profits.
Eric Zauser, an assisvant ad-
ministrator of the Fede:al En-
ergy Administration, told re-{
porters Thursday the phas't out
would take a long time but thw
schedule has not yet boen de-
termined.
The proposal is similar to the
windfall tax propoied a y e a rj
ago, on which Congress failed to
act. Other promosals have sug-
gested allowing compnies to
keep windfall profits that are
plowed back into investment in
higher oil produztion, but Presi-j
dent Ford's plan includes no
such provision.
Seymour Kiekowky, deputy'
director of the Treasury D e -
partment's Office of Tax Pol-
icy, estimated that if oil now
under the $5.25-?er-arrel con-
trolled price is allowed to rise to
$11 per barrel, an oil company
would get to keep about 84
cents

The Jewish Community Centers of Chicago
OFFER
SUMMER EMPLOYMENT
OPPORTUN ITIES
SOCIAL WORK ORIENTED COUNTRY CAMP
CAMP CHI--located 50 miles north of
Mad ison and the University of
Wisconsin
POSITIONS: Counselors-Male
Female
Supervisory
Specialists-Waterfront, Campcraft,
Arts & Crafts, Nature, Athletics,
Tennis, D r a m a, Music, Sailing,
Water-skiing, Dance, Senior Adult
Program Staff, Office Staff
INTERVIEW DATES: Jan. 27 and 28
Please call Mrs. Cooper (SAB Rm. 211) at 764-7460
for an appointment with Mr. Jerry Witkovsky

Something'
NEW
ISIN
THE AIR
W]03 FM
SOON!

I

a

SHARPEN YOUR EYE
MARKSMANSHIP PROGRAMS
The UM RIFLE CLUB welcomes ALL new members who
wish to improve their marksmanship. Open for shootingc
7:30 and 9:30 p.m. Sunday. Located behind NUBS Com-
puter Center on the top floor of the North University
Buildinq. Easiest access up a black metal staircase on the
back of the buildinq. Just off Washtenaw Ave. across
from the tennis courts. Rifles, pistols, ammo supplied. For
info call 665-7020 nights.

I

i

(an reporters
Ask Carl Bernstein and Bob Woodward
WANT TO BECOME A REPORTER?
JOIN THE
EDITORIAL STAFF
PAST MEMBERS INCLUDE:
TOM HAYDEN PETER LISAGER
ARTHUR MILLER THOMAS E. DEWEY
Come to Our Mass Meeting
for New People

CLOSE-OUT SAL
START THE YEAR OFF RIGHT!
YOU CAN'T MISS THIS SALE.
COMPLETE CAMPING AND
X-COUNTRY EQUIPMENT
WAS NOW
Air-Life Air Mattress (18)...... ...17.95 13.95
Cannondale Seat Pannier (51) .... 7.50 5.00
Cannondale Panniers (6)......... 2500 19.95
Cannondale Handlebar Packs (18) .. 10.00 7.95
Overland Down Vest (22) , ........25.00 19.95
MPCWomans Down Vest (4).. 30.00 23.95
Ascente 60-40 (6)...............47.50 37.95
....Ascente 73 Eis Down Parka .......48.50 38.80
Ascente,74 Eis Down Parka.........53.50 42.80
- MPC 60-40 (10).............35.50 27.95
Snowlion Down 6' Out Parka .......74.00 59.50
Snowlion Polarquard Parka.........39.50 31.95
4 KFS (110) ........................89 .59
Roberston Overmits (1 9) .........10.00 7.95
j l WAS NOW_
Seaway Mt. Hood Pack & Frame (10) .. . 23.50 18.50O-~ -
Denali Pataqania Pack & Frame (7) .... 69.00 55.25
Denali Body Pack (10) ..............45.00 35.00
Denali Rock Sac (2).................45.00 35.00
Denali Annapurna (1) Pack & Frame . . .120.00 95.00
Denali Mt. McKinley Pack & Frame (3) . . 82.00 65.00
Forrest Tiny Tim Day Pack (4) .........23.00 17.95
Forrest Grande I VClimbinq Pack (5) . . . 35.00 27.95
Forrest Mountaineerinq Pack (4) .......44.00 34.95
Universal Nomad Pk. & Frame (15) .... 62.50 49.95
Universal Trailmaster (8) Pk. & Frame . .- 69.00 54.50
Universal Trail Kinq (10) Pk. & Frame . .. 38.50 30.95
Universal Starlite Pack & Frame .........70.00 * 56.00
Universal Loadmaster Pack & Frame ......75.00 59.95
WAS NOW WAS NOW
Universal Climbinq Pack (6) 25.00 19.95 Universal Staff Socks (13) . 5.75 4.60
Blacks Wind Parka (7) . . . 15.00 11.95 MPC Staff Sacks (25) .... 4.00 3.20
Blacks Wind Pants (7) .... 12.50 9.95 MPC Staff Sacks (10) .... 4.50 3.60
Cerf Poncho (18) .........11.95 9.50
Bellweather Rain Cape (6) 25.00 14.95 Eureka Mark 11 Tent (2) .. 122.91 95.00
Ascente Bivy Baq (2) Down 65.00 52.00 Eureka Mt. Katadin
Ascente Expedition Baq (1) 180.00 120.00 3 Man (3)...............85.00 68.00
MPC Syndown (5).. .....67.50 54.00 Eureka Mt. Katadin
MPC Muir Dacron (25) .... 47.50 35.95 4 Man (1)........ .....103.50 82.50
Eureka 2 Man
Overload Alpine (9).......67.50 54.00 Expedition Alpine (1) . .. . 155.00 124.00
Tubbs Cubbs Plastis Eureka 2 Man
Snow Shoes (10)...........19.95 15.95 Nylon Alpine (2) .........140.00 112.00
Optimus 77A Stove (4) .... 19.95 14.95 Eureka 3 Man
Optimus 80 Stove (2).......16.95 13.50 Nylon Camper (1) ........166.00 133.00 \
Universal Staff Sacks (9) .. 6.50 4.95 Camp Trails Canyon....... 37.50 29.95
WAS NOW
Northwest Boots ... 24.95 19.95
Herman Kastnger
Survivors (50) . . 47.50 38.50
Seaway Boots .......19.95 15.95 o c o
Eureka Trailite
Tent 4 Man .......75.50 59.95
Kastiner
Ehrwald (35).......55.00 -44.00
ALL X-COUNTRY 20%OF
SKIS I11 BOOTS I11 BINDINGS I11 WAXES I11 POLES

S IVILLOM SWIX SCOTT
ROTTETELLA REX JOFFA
BONNA FABIANO TO RELL FALLINE EIGER
) JANOY PUMASKLMSLM
EGGEN JANOY Also Save 20% on Many Miscellaneous
ELITE ALPHA Items. Ski Instruction Available.
HARJU FALK Also Weekend Ski Trips Call 761-6207
{ i D Ilffi I Af

511

/,
Mens F Women's Fashionsi
Faimousi Dcsigncrs',Wcar

E

Ii

U MONUAY AN-U90U

I

.I

Back to Top

© 2021 Regents of the University of Michigan