THE MICHIGAN DAILY
Wednesday, October 8, 1975
Page Two THE MICHIGAN DAILY
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2 ~ ~
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(Continued from Page 1)
White House tax tables show
that if Ford's individual tax re-
ductions are enacted, a family
of four with income of $15,000
would be able to reduce taxes by
$287 more in 1976 than it can
this year. The saving for the
same size family with an in-
come of $20,000 would be $310.
The tables show a single per-
son with an income of $10,000
would be able to reduce his
taxes by $249 more in 1976 than
he can this year. It would be
$264 for a single person earning
FORD'S budget comments to
the governors came after Gov.
Arch Moore (R-W. Va.), told
him more federal money will be
needed if Appalachia is to meet
its highway building goals.
The President replied that
"We face a very serous crisis"
in managing federal finances
and noted with approval that the
Southern Governors Conference,
attended by many of the same
state executives, had called for
mandatory balancing of the fed-
at least 15
And ur~pwes n thse ;oiwt*are
ALLA ,N atlest15of Sst
n the union, 530 S. State Street open Mon.-Fri. 9-9 Sat. 10-5 Sun. 12-5
TUCUMAN, Argentina (Reu-
ter) - At least 15 Marxist guer-
rillas were killed and a number
of soldiers killed or wounded in
a battle- last night near here,
army sources reported.
More than 20 guerrillas of the
Marxist People's Revolutionary
Army were captured after the
battle about 25 miles south of
this northern provincial capital,
the sources added.
THE SOURCES did not give
the figure for army casualties,
saying an official army com-
munique would be issued later.
The Tucuman battle came two
days after left-wing Montoneros
guerrillas launched a daring
four-pronged operation in the
town of Formosa, north of here,1
which left at least 50 peoplea
(Continued from Page 1)
HE CITED a recent cost-
benefit analysis of oil drilling
off Santa Barbara, California,
and its harmful effect on marine
life. But it is impossible, Cous-
teau maintained, to put dollarI
values on life.
Forty-one-year-old Ken Robinson blazes across the countryside in preparation for Pony Ex-
press '76. The bicentennial event consists of a 12-day run from Mount Vernon to Valley Forge,
Cousteau issues war nigfor
wo rl to stop polluting seas
said nations must
drastic changes in
they apply to ap-
for scientific re-
ing is unique in the scientific search Institute of Michigan
community, but quickly added, 'ERIM) in cooperation with the
"I don't advocate my method University Extension Service.
for (other scientists) at all." Their program, the Tenth In-
Cousteau also brushed aside ternational, Symposium on Re-
the contentions by space pro- mote Sensing of Environment,
gram critics who say such sci- attracts scientists from all of
entific research has no applica- the world to submit papers on
tions for man on Earth. "I have science topics of current inter-
never understood these criti-__st.
cisms, personally," he told re-
porters, adding that researchers NEW COINS
should "strongly pursue" both BUENOS AIRES, Argentina
"inner" and outer space activi- (UPI) - With inflation chewing
ties and that "the future of up the value of Argentine cur-
ocean exploration is with air- rency, the government has an-
craft and satellites." nounced plans tv mint new coins
in 5-peso and 14-peso denomina-
Earlier in the evening, Cous-
teau told reporters at a press
conference that current funding
for scientific research "is a dis-
THE oceanographer added THE oceanographer also de- tions.
that should Congress go ahead bunked news reports yesterday The coins will be uszd along-
with the $28 billion spending cuts that he is about to begin a side bills in the same denomina-
recommended by President search for the legendary city of tions, but rio more 5-peso and
Ford Monday, he fears that al- Atlantis. He said he will begin 10-peso bills will be printed after
ready under-funded science pro- underwater research near the current paper stocks are used
grams will probably bear "a island of Santorini, off Greece, up.
good share" of those cutbacks. but that any search for remains The new issue recognizes the
Cousteau explained that he of lost civilizations will be only fact that amounts once consid-
suffers particularly in research "a small part" of his project, ered sizable are now small
funding because he receives no and that the region's connection change. Six devaluations within
monetary aid "from any govern- y question- the past year have reduced the
ment in the world." The leader able. 10-peso bill from the equivalent
of the Calypso Oceanographic Cousteau's speech was spon- of $1 to a value of 22 cents in
Expeditions said his self-financ- sored by the Environmental Re- U.S. currency.
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