THE MICHIGAN DAILY age Three THE MCHIGA DAIL PageThre I SENATE INQUIRY: . _. . Senate leaders call for crude oil cost rollback. Secret federal policy actions encouraged foreign oil cartels AP Photo SEN. HENRY JACKSON, right, chairman of the Senate permanent investigations subcommittee, con- fers with Senator Abraham Ribicoff during the subcommittee's energy crisis investigation this week. Five called totestify before Watergate committee next week WASHINGTON P) - Senate 1 Democrats expressed strong sup- 1 port yesterday for a proposal to roll back the price of domestic crude oil., The support was voiced at a closed party caucus, senators re- ported later. However, action on. the matter was delayed by the caucus pending hearings by the , Senate Finance Committee.- MEANWHILE, the Democrats moved to force action next week on the emergency energy bill. It was blocked before Christmas by Republicans and oil-state sen- ators opposing a provision aimed at limiting windfall profits by oil companies. Democratic Leader Mike Mans- field filed a cloture petition. That means the Senate will vote Mon- day on the move to limit debate and bring the measure to a vote. Sen. Henry M. Jackson, (D- Wash.), the floor manager, pre- dicted the measure will be passed "sometime next week." AMONG OTHER THINGS, the measure would give President Nixon authority to order gasoline rationing. The energy question dominated the first Democratic caucus of the new congressional session. Debate focused on a resolution by Sen. Walter F. Mondale, (D- Minn.), for a roll-back to Novem- ber 1973 prices. With several Senate commit- tees becoming involved in vari- ous aspects of the energy situa- tion, Mansfield announced crea- tion of a special panel to con- sider forming a committee to study all matters involving en- ergy, the environment and natur- al resources. THE STUDY COMMITTEE will be headed by Sen. Daniel K. Inouye, (D-Hawaii), who sug- gested it. Inouye said the com- mittee was needed to "convince the people of the United States we have not lost our heads, that there is some semblance of or- der." Under the current overlapping of committees dealing with ener- gy, three committees are study- ing three measures dealing with a roll-back in domestic crude oil prices. Mondale said his price resolu- tion would save consumers $6 billion a year. GARDEN CITY, N.Y. () - Secret federal decisions dating to the World War II years allowed American oilmen to form the for- eign cartels now driving up in- ternational oil prices, Newsday said yesterday. The Long Island newspaper's report from Washington said a picture of international monopoly with federal encouragement has been developed by investigators of the Senate Subcommittee on Multinational Corporations. The subcommittee, chaired by Sen. Frank Church, (D-Idaho), opens hearings next Wednesday on the role big business plays in U. S. foreign policy. Church, Newsday said, has asked for declassification of 62 secret documents he says will support his staff's assertions. THE NEWSPAPER said an oil industry spokesman and an Ex- xon executive both denied the allegations. The most recent federal en- couragement, the report said, was a 1971 decision of former Atty. Gen. John Mitchell not to raise antitrust objections when major international oil compa- nies united to bargain on prices with the newly united oil-produc- ing Middle East nations. Mitchell's decision, in a classi- fied letter, reasoned that the oil companies did not have enough strength to bargain separately with the Organization of Petro- leum Exporting Countries (OP- EC). "The subcommittee staff con- tends that the Mitchell argument was flawed because Mitchell 'as- sumed that the companies and the countries were in opposition instead of realizing that both the companies and the OPEC coun- tries had a joint interest in high- er crude prices,"' Newsday said. LISTED AS OTHER key policy decisions that encouraged oil car- tels: -Dropping in 1943 of Presi- dent Franklin D. Roosevelt's idea of a federal corporation to guar- antee Saudi Arabian oil develop- ment. By relying instead on pri- vate firms, the government set the stage for formation of Aram- co, a consortium of Exxon, Texa, co, Mobil, Standard Oil of Cali- fornia and the government of Saudi Arabia; -Granting tax privileges in 1950 that allowed royalties to be deducted from U. S. income tax, thus making oil companies an in- strument of American foreign policy financed by lost tax reve- nues. Boogie Ton ightI AT By AP and Reuter WASHITNGTON - Charle "Be- be" Rebozo, a close personal friend of President Nixon, will be among five witnesses called before the Senate Watergate com- mittee next week, a source close to the panel said yesterday. The hearings next week w i 11 focus on Howard Hughes's $100,- 000 gift to Rebozo during a period when Hughes was attempting to win Justice Department approv- al for his purchase of the Dunes Hotel and casino in Las Vegas. The department's antitrust divi- sion earlier had blocked Hughes THE MICHIGAN DAILY Volume LXXXIV, Number 96 Friday, January 25, 1974 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 daily Tuesday through Sunday morning during the University year at 420 May- nard Street, Ann Arbor, Michigan 48104. Subscription rates: $10 by carrier (cam- pus area); $11 local mail (Michigan and Ohio); $12 non-local mail (other states and foreign). Summer session published Tuesday through Saturday morning. Subscrip- tion rates: $5.50 ,by carrier. (campus area); $6.50 local mail (Michigan and Ohio); $7.00 non-local mail 'other states and foreign). from increasing his large casino holdings in Nevada. THE SOURCE said the other witnesses to be called are: -Robert Haheu, a former close associate of recluse billionaire Hughes and a key figure in the Hughes gambling and hotel em- pire in Las Vegas; -Richard Danner, a Hughes agent who reportedly delivered a controversial $100,00 donation to Rebozo sometime before the President's 1972 re-election cam- paign; -Thomas Wakefield, identified as an official in the bank Re- bozo controls in Key Biscayne, Fla.; and -William Griffen, reportedly a lawyer working for industrialist Robert Abplanalp, another close personal friend of President Nix- on's. IN ANOTHER Watergate de- velopment, Congressman Peter Rodino said he will ask the House of Representatives to give his judiciary committee subpoena power in its impeachment invest- igation. The announcement came fol- lowing reported remarks by the President that he would "fight like hell" against impeachment. One Republican congressman said the President told him and other congressmen at -the White House on Tuesday that: "There is a time to be timid. There is a time to be concilia- tory. There is a time to fly. There is a time to fight, and I am going to fight like hell." _ _..._ i University Players/University of Michigan ATTENTION BLACK ACTORS AND ACTRESSES AUDITIONS FOR OBIE AWARD WINNERS HAPPY ENDING and DAY OF ABSENCE by Douglas Turner Word Friday, January 25th-3 p.m.-S p.m., 7 p.m.-9 p.m. Trueblood Theatre, U-M campus Directed by Carlton Molette I Drama Professor, Spelman College, Atlanta Former Vice Chairman, Black Theatre Project, ATA PERFORMANCE DATES: MARCH 13th-MARCH 16th NEEDED: 6-8 women; 8-10 men For further information call 764-6300, Mon.-Fri., 9 a.m.-5 p.m. - SHAKESPEARE: THE SONNETS WORDSWORTH SHELLEY A RECITATION WITH REMARKS by SOPHIA WALSH Gortheanum Dornach, Switz SAT., JANUARY 26-3 P.M. MICHIGAN ROOM, MICHIGAN LEAGUE -~~-~----- WCBN-FM presents CELLULOID (HEROES A weekly discussion of the film medium Saturdays 3:30-4:30 This Week: FRANK CAPRA INTERVIEW and discussion of his work Live Bahd 75c Admission 1405 H iLL ST. Free Beer T( SHABBAT SHALOM Join Us FR/DAY EVENING for Shabbat Communal Sabbath Dinner-6:30 Chocolate Service (Trad)-6:00 Strawberry Service (Liberal) -8:00 H I LLEL-1429 Hill St. I U F. r GRAD PARTY BY GRAD COFFEE HOUR PEOPLE AND FRIENDS Friday, 9 p.m. B.Y.O. FREE 1 at RIVE GAUCHE-1024 Hill (corner E. Univ. and Hill) all grads, faculty and friends welcome GROUP GUITAR LESSONS 6 Consecutive Weeks, Materials Included, ON LY $12.00 We also teach flute, banjo, recorder, bass, sax, drums, piano, oboe, and clarinet. FOR ENROLLMENT, CALL 769-4980: ANN ARBOR MUSIC MART 336 SOUTH STATE STREET Open 9:30 a.m. to 9:00 p.m. THETA XI come see The Famous COED Frat! -- - - - - - Technics ,fthk-by Panasonic 1345 Washtenaw 761-6133 --- -- - IN CONCERT WEATHER REPORT. and RETURN TO FOREVER featuring CHIC COREA Sat, Jan. 26-8:30 p.m. Men's I.M.-M.S.U. 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