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June 16, 1977 - Image 4

Resource type:
Text
Publication:
Michigan Daily, 1977-06-16

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The Michigan Daily
Edited ond managed by Students of the
University of Michigan
Thursday June 16, 1977
News Phone: 764-0552
oyott the Krugerrand,
ONE YEAR AGO TODAY, on a small hill eight miles
outside Johannesburg, South Africa's bloodiest race
riots began. In the course of four days in tle Soweto
Township, nearly 150 persons died and thousands more
were injured in the protests against white oppression
of blacks in that country.
The world's eyes remain focused on South Africa,
In pregnant expectation of change from the system of
apartheid, towards majority rule.
Students and religious groups have keyed in on the
issue of apartheid, and, one year after the Soweto riots,
Americans will mark the anniversary by starting a boy-
cott against the krugerrand - a South African gold
coin.
The krugerrand, named
after one of the leaders in
the Boer Wars, is the only
solid gold coin still in pro- E
duction, is a collectors'
item. In Ann Arbor, the coin ticets
could only be purchased
through the National Bank EDITOR'S NOTE: The infor-
and Trust. mation for the editorial in ques-
The bank has not sold any tion was provided by Don Can-
krugerrand, currently val- ham, athletic director. We apolo-
ued at $154 each, for a gize for the errors.
month.
Students, meeting on the To The Daily:
Diag this afternoon, plan to
picket the bank, calling for Your Editorial "U Keeps Stu-
an end to any possible sales dents in Line" (June 15) con-
of the krugerrand through tained some inaccuracies which
I believe should be cleared up.
the bank. The referendum on football tik-
After the demonstration, ets last December listed five al-
the students plan to remind ternatives for ticket distribution
the Regents of the Univer- for athletic events; students
sity of the need to sell all voted overwhelmingly in favor
University owned stock in of a random allocation system,
as the Daily reported. But the
c-orporations with financial Daily went on to say that had
ties to South Africa. this system been adopted, stu-
These events which com- dents wouldn't have been able
memorate the Soweto riots, to sit with friends. This is sim-
are not for the day only, ply not the case.
Apartheid is an ongoing im- The MSA proposal, introduced
moral policy which must be to the Board in Control of Inter-
protested at every turn, un- collegiate Athletics in their foot-
til the change is made. ballcoupons together at a cen-

tatistics projections confusion
cloud energy policy proposals

By WALTER R. MEARS
Congress and the country are
wading toward decisions on en-
ergy policy through waves of
proiections and statistics, some
conflicting, most confusing, none
conclusive.
It turns out that there are
numbers to support almost any
position on the issue. All it takes
to play is a pocket calculator
and any of the batch of reports
that have rolled off presses and
mimeograph machines all.
spring.
President Carter warns of an
impending national catastrope
unless the government acts. Re-
publicans contend the govern-
ment is the catastrophe, and
argue that the cure is in the
market place.
So the consumer can take his
choice. Either way, he is going
to pay his money, since there is
solid agreement on one fact: the
price of fuel is going to keep
going up, sharply.
Now the Congressional Budget
Office has weighed in with a
140-page analysis of Carter's en-

ergy program, seeking to help
focus the debate.
For openers, it points out there
are more than 100 interdepend-
ent proposals in the energy plan
Carter has sent to Congress. If
nothing else, that dramatizes the
complexity of the problem and.
of the proposed solution.
The congressional analysts say
the major reason for mounting
imports are the controls that
have kept U.S. oil and gas pric-
es "artificially below world lev-
els."
"Over the past four years, this
regulatory system has served to
cushion Americans from the
dramatic shifts in consumption,
and in turn in lifestyles s
the budget office reports says.
"Artificially low prices also
have tended to encourage en-
ergy consumption and discour-
age the search for and produc-
tion of new domestic resourc-
es."
Carter's solution is a system
of taxes and rebates, together
with an easing of controls on
the price of newly produced oil,

3rs to The D
tral collection point. Every
group, regardless of size, would
have a fair chance at a good
seat - and students would be
sitting with whomever they
chose.
In fairness, I believe it should
also be pointed out that Univer-
sity Athletic Director Don Can-
ham did not single-handedly re-
ject the MSA proposal. Consider-
ing a number of factors, (the
need for further feasibility stud-
ies, time constraints, etc.) the
Board in Control refused to im-
plement the proposal in time for
pre-registration, last April. The
Michigan Student Assembly still
advocates the randohnized sys-
tem of distribution proposed in
March and further attempts to
implement the policy will be
made. Copies of the proposal are
available for inspection by in-
terested students at the MSA
office.
Chris Bachelder
MSA Executive
Vice President

- i
anita
To The Daily:
As a regular reader of The
Daily, I want to express my
real appreciation for your force-
ful editorial of June 10, "Squeeze
a fruit for Anita: An unfunny
joke is over." The Daily editor
was in tune with the best of
the dream of a living Ameri-
can democracy when he wrote:
"Discrimination against persons
whose sexual preferences differ
from those of the status quo,
however 'legal' such discrimina-
tion may be, is not in the true
spirit of the law. All persons-
whether homosexuals, women or
members of minorities-should
be viewed as equals in the eyes
of the law ... Ours is not a coun-
try predicated upon the propa-
gation of the status quo, but
rather, ours is a country found-
ed on individualism and dis-
sent."
Thanks again for speaking out
for the dignity of individual free-
dom, which applies equally to
the rights of heterosexuals as
well as to homosexuals.
Craig Wilder

so as to increase gradually U.S.
prices to the levels of the world
market place.
While his answers are differ-
ent, Republican Melvin R. Laird,
former congressman and secre-
tary of defense, sounds a similar
complaint about government
price regulations.
Laird, in a report sponsored
by the American Enterprise In-
stitute for Public Policy Re-
seargh, contends the United
States "leads the world in self-
deception" because of fuel price
controls and the lowest energy
tax rates in the industrialized
world.
He argues the crisis is not
in energy but in policy, and the
more the government has done,
the worse the problem has be-
come.
Laird said an unregulated
market place could correct the
situation, with' a windfall profits
tax to prevent an industry bo-
nanza, and with its revenues to
be used to ease the impact of
higher prices on low-income citi-
zens.
Among the other figures and
projections produced by the con-
gressional analysts:
*Carter's proposed standby
gasoline tax, a nickel a gallon
to take effect if consumption
exceeds government targets,
probably would not be triggered
until 1982 - if Congress approv-
es the system. That is a big if,
for the gas tax faces stiff oppo-
sition and is rated one of the
Carter measures least likely to
succeed.
* Under the Carter plan, the
budget office estimates fuel
prices would go up by approxi-
mately 74 per cent over the four
years ending in 1980. But in any
event, inflation and develop-
ments in the market place are
expected to raise fuel prices by
49.5 per cent during the same
period.
* Even with the Carter pro-
gram, the average American
family probably will do more
driving in 1985 than it does now.
The current' average is 15,000
miles a year, and it probably
will go up to 17,000 miles, with
higher gas prices offset by im-
proved automobile mileage.
While the numbers are com-
plicated, the political problem is
not. The congressional analysts
say the benefits of a new en-
ergy program will not be evident
for a decade, and then they will
be national, not individual, bene-
fits.

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