. Page Two
THE MICHIGAN DAILY
Sunday, September 9, 1973
Page Two THE M1CHIGAN DAILY
i w. ... .... r
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,.
Sell Ensians for Profit
Sales Meeting Wed., Sept. 12, 8:00
Treasury Dept. calls
FTC charges against
ol companies untrue
l
or ca
a
ill Marty or Bill
t 763-6166
_I
(Continued from Page 1)
of any significant size since 1950."
Treasury quoted, however, from
National Petroleum Refiners As-
sociation figures showing that since
1951, nine companies not previously
in refining had entered the govern-
ment's "major" refiner classifi-
cation.I
THE SECOND inaccuracy alleg-
ed by Treasury was the FTC's
estimate that domestic crude pro-
duction by the nation's 20 largest
companies increased from 63 per
cent in 1960 to 70 per cent in 1969.
The Treasury report said Interior
Depairtment figures showed the top
23 companies accounted for only
58 per cent in 1972, and added:
"Such a dramatic reversal is not
likely." t
The.FTC report, which was based
cases before an FTC administrative
law judge.
The Treasury report noted that
the department will continue to
contest the FTC's case, however.
The report said a detailed study
on concentration is due later from
President Nixon's energy adviser,
John Love.
VPblasts
Watergate-
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THE DAILY CLASSIFIEDS
Daily Photo by KE INKI(
REAL GET-DOWN boogying was had by all during yesterday
afternoon's Blues and Jazz Festival. A young woman swings her
even younger partner to the vibes provided by the Contemporary
Jazz Quintet.
Rieco"rd mbhears
disa pitn show)
(Continued from Page 1) thing. Sometime I would like you
Tie oCntemporary Jazz Quartet all to invite me-I would like you
managed to overcome the day's all just to invite me down there
consistent hassles and play superb and-"
set. And he finished with a rousing
When midnight rolled around and chorus of "Let's Go Get Stoned."
it was time for Ray Charles to ,.
it ws tme fr Ry Chrle to As a mass of less-than-ecstatic
leave the stage, the blind. king of music lovers foughttheir way
soul had some choice remarks:
"Hey everybody, I got an idea," home through an appropriately
he shook his head and laughed into vexing traffic snarl, Ray's sugges-
the mike, "I just thought of some- tion seemed like a good idea. R
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THE MICHIGAN DAILY pus area); $11 local mail (Michigan and
Vol. LXXXIV, No. 4 Ohio); $12 non-local mail (other states
Sunday. September 9, 1913 and foreign).
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the University of Michigan. News phone through Saturday morning. Subscrip-
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L r D I
vai111 ~vi it topIcompanIy (Continued from Page 1)
officials as well as various docu- dirty linen in public; and, to some
ments, did not cite the source for extent, they are right. But even a
its domestic production figures. strong garment cannot be put
An FTC spokesman said the through the washing machine over
agency has prepared no response and over without wearing it out,
to the Treasury report yet. and I happen to think that the
BEFORE the Treasury report Watergate jeans, are losing their
was issued, Simon had written blue and beginning to fall apart."
FTC Chairman Lewis Engman, "We all know that presidents
asking for a meeting to present must take some heat," he said.
Treasury's case. "Well, President Nixon has been
Since the FTC is an independent standing there and taking it ever
regulatory agency in which the since Sen. Sam Ervin (chairman
commissioners eventually must sit of the Senate Watergate commit-
as judges on the case, Engman's tee) has been doing his rain dande
top aide rebuffed attempts fqr a in that Washington committee
face-to-face meeting and entered room."
the letters and the Treasury report "THE MORBID preoccupation
on the legal. docket. with Watergate threatens the abil-
Simon's attempt prompted Rep. ity of a government to concentrate
Les Aspin (D-Wis.) to complain on the problems it was elected to
yesterday, "By pressuring the FTC solve," he said.
to withdraw 'its antitrust action, "Watergate is not ;only a pre-
Simon and other Treasury officials occupation in Washington, it has
are attempting to interfere with become something of a - parlor
the enforcement of antitrust laws." game," he told the Illinois audi-
THE FTC's investigation has ence.
been surrounded 'by politics from "But try to find one of these
its inception. The probe was started Watergate experts who knows or
at the request of congressional cares much about the energy crisis,
committees and speeded up at the inflation or the pr'b'ems of the
committees' request. American farmer. Thgse are cur-
The FTC's official spokesman, rently non-Washington; issues and
Arthur Amolsch, said, "I would therefore -not really worth their
find it incredible that the commis- serious attention."
sion would withdraw this case from HE BLAMED Watergate for
adjudication." hampering the President in carry-
The next step is for the staff and ing out "the programs we were
the oil companies to argue their elected to implement."
Price freeze closes
local gas .,stations.,
aIso available, everything
from hot-sox and unusual
blue jean shoes by carber
and boutique marco to a-
dynamite evening collec-
tion from super shoe-biz
make
interesting
reading
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1 .7!
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-
----
(Continued from Page i)
charged that the so-called gas
shortage which prompted the re-
strictions is phony.
" 4 hnr+kanma~rotaml
in Phase 4. Pretty soon we are
going to go through . Phase 6, 7
and 8, and on out to 'Phase Out,'
too."
r_ Carr
y tfir. .
1 ':
D LL'""Aftii
III
A PROGRAM OF JESTUDIES
FALL '-73 COURSE SCHEDULE.
I tk the government snouiad
start spending their energies on JAMES JONES, owner of the
finding out if there is in fact a Michigan-Wyoming Standard Serv-
gas shortage," he said. ice Station in Detroit, claimed that
he has suddenly become 'sick.'
A SURVEY by the Auto Club of "I tell you man, I got' the flu
Michigan showed that 15 of 44 right now. I'm gonna see the doc-
Detroit and suburban gas stations tor right now and see what he says,.
were closed Saturday, and 29 are I expect he'll tell me to stay
expected to be closed all day home."
Sunday. The Auto Club was urging Some dealers, however, saw no
the motor-city's drivers to fill their cause for concern.
tanks before sundown, as gas will
be scarce after 10 p.m. both last A MILWAUKEE dealer asked,
night and tonight. And eleven De-= "Why would anybody want to
troit stations claimed that they close?" Ed Feeney, operator of a
would shut pumps down indefinitely service station in Boston said, "We
as a result of the sales boycott. won't be affected at all. We haven't
A survey by the Associated Press raised prices for more than two
indicated that gas station mana- years, so we're not in trouble at
gers across the country are re- all. I think you'll find that's the
sponding similarly to the profit situation with a lot of dealers."
squeeze. But Frank Casalino-owner of
A station owner in New Orleans, a Dota station in New York- sum-
who does take the national short- marized what appears to be the
age seriously, grumbled that, "The majority opinion when he said,
President has gone through Phase "I'm going to lock it up and go
1, Phase 2, Phase 3, and is now fishing."
14.
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