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October 24, 1975 - Image 7

Resource type:
Text
Publication:
Michigan Daily, 1975-10-24

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

Friday, OctobOr, 24, 1975

THE MICHIGAN DAtLY

PQge 5Cven

Friday, October 24, 19Th tHE MIOF-UGAN DAiLY f'oge ~ever~

--=" '

Caroline Kennedy unhurt,
one dead in London blast

FTC refuses to throw out
oil company antitrust case

By AP and Reuter
LONDON - A lucky telephone call saved
Caroline Kennedy, 17-year-old daughter of
the late president, from death in a London
bomb blast yesterday.
The bomb went off outside the house where
Kennedy was staying as the guest of social-
ite - politician Hugh Fraser. He, too, had a
narrow escape.
THE EXPLOSION killed a passing neigh-
bor, eminent cancer specialist Professor
Gordon Hamilton - Fairley who was out
walking his poodle.
The bomb exploded beneath Fraser's car
parked at the curb in the fashionable Ken-
sington district. At the time it exploded Fra-
ser should have been leaving home to drive
Kennedy to Sotheby's auction rooms where
she is taking an arts course:
Just before leaving the house, Fraser stop-
ped to make a telephone call. He was still
talking when the bomb went off, hurling
Hamilton - Fairley's torn body into the front
garden of the Fraser house.
"CIRIST, I was dead lucky not to be in
the car," 57-year-old Fraser said.
The vehicle was hurled on its back in
flames. Seven other persons, rincluding a
Filipino woman who worked as a cook and
housemaid for Fraser, suffered minor in-
juries.
Police suspected the bombing was an Irish
guerrilla attack. -

By AP and UPT
WASHINGTON--The
Federal Trade Commission yes-
terday refused to drop its two-
year-old antitrust case against
the nation's largest oil compan-
ies for an alleged refinery mo-
nopoly.
By a 3-1 vote, the commission
turned down a recommendation
made Wednesday by adminis-
trative law judge Alvin Ber-
man that the agency should
dismiss the matter and concen-
trate instead on a more gener-
al investigation of the energy
crisis.
ANTITRUST lawyers for the
Commission say the govern-j
ment lacks reliable information
about who controls the nation's
energy resources.j
In a 768-page study on de-
velopment of coal, oil, natural
gas and uranium deposits on
public land, an FTC task force

said, "At present, it is impos-
sible to determine with any pre-
cision, who owns what."
Release of the study by the
commission's Bureau of Com-
petition was one of several de-
velopments Wednesday related
to the role of giant corporations
in control of energy resources.
BY VOTES of 50 to 40 and
53 to 39, the Senate rejected at-
tempts to bar oil producers
from also engaging in refining,
transportation and marketing
and also to prohibit oil firms
from producing or distributing
other energy sources such as
coal and uranium.
In a parallel action, indus-
try and government witnesses
before a Senate subcommittee
said legislation to bar oil com-
panies from developing other
energy sources was unneces-
sary and potentially harmful.

The landmark FTC case, in-
itiated in June of 1973, sought
to force the oil companies to
divest themselves of from 40
to 60 per cent of their refinery
capacity and to bring from 10
to 13 new firms into the busi-
ness.
Oil firms control an estimated
35 per cent of the nation's
known coal reserves and 50
per cent of the uranium re-
serves.
The FTC suit accused Exxon,
Gulf, Shell, Texaco, Mobil. At-
lantic Richfield, Standard Oil of
California and Standard Oil of
Indiana of jacking up consumer
prices and company profits.
PLATIGNLIM ITALIC SET
Con tarns a ountainpen tC
/ ltrah(e nibs, anLnstructwon
<!m lanur a(fpronfy $500
AE r .rart mattcnr&pen shnps.
co(cg Iookrstres...orscnd
chicck to Tenrtai&Corp..132
West 22 St., N.}, N.Y. won
Add5o cents for fian-(inq.

To the Student-People of Gomberg
(Notice No Gender)
COME ONE, COME ALL, to the
GREA TEST Show on Earth.
The Barnum-Taylor Circus
0 Watch Taylor make clowns out of Gomberg.
* Watch Gomberg's mass diving act into the
Huron River.
0 Watch Taylor turn their circus maximus
into a Bon Voyage party down the Huron
River,
at the ANNUAL TAYLOR-GOMBERG
Saturday, Oct. 25-9:00 a.m.
At Island Park
DON'T FORGET TO BRING
YOUR TREES GOMBERG!
Subscribe to The Daily-Phone 764-0558

Kennedy
Only yesterday, four members of the Irish
Republican Army (IRA) were sentenced to
life imprisonment for blowing up English
taverns frequented by British soldiers last
year.
The Fraser attack was believed by police
to be a gesture of retaliation, but police ac-
knowledged there was a chance the bomb
could have come from another source.
The 57-year-old Fraser, a member of par-
liament who earlier this year vied for lead-
ership of the Conservative Party, was well
known for his Zionist views.

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