Mattrlif 0tfr iEupntng H^ralh MANCHESTER, CONN., THURSDAY, JULY 10, 1JI75^ VOL. XCIV, No. 238 twenty-four pa g e s _ two sect ions Mancheater—A City of Village Charm PRICE: FIFTEEN CENTS j Oil Price Hike Impact Cited Ml WASHINGTON (UPI) - Sen. Hubert But, in addition, domestic price con- ministration; Rogers C. B. Morton, Otherwise, the possibility exists that Humphrey, D-Minn., says the price trols, applied against two-thirds of U.S. secretary of commerce, and Alan Congress will pass a bill extending con- America pays for oil could climb as much production, are imposed under a law ¥■ Greenspan, chairman of the Council of trols, as most Democrats favor, and then as $70 billion this fall — with devastating which expires Aug. 31. Unless Congress Economic Advisers. impact on the economy. recess and Ford will veto the bill. and the administration agree on a new In addition. Senate Democrats called a If the oil producing countries, meeting “We could face immediate and total old control formula, the price will jump from caucus today to discuss what to do about oil de-control on Sept. 1,” Humphrey said. in September, raise prices by as much as $5.25 to $13 a barrel, adding more than $20 extending oil price controls and other $4 a barrel — the largest figure in current “The impact will be enormous and will billion to America’s oil bill, Humphrey energy matters. severely jeopardize our nascent economic speculation — that would add $50 billion to said. President Ford has proposed the U.S. oil prices. recovery.” Other prices associated with oil — fer- removal of controls from the prices of He said calculations show as many as tilizer, for example — could rise by 'A domestic oil and natural gas, but there 360,000 jobs could be lost as a result of the Butz Says Russians another $20 billion. have been hints the administration was new depressant on the economy. Humphrey’s statement was made in ad- willing to compromise on a formula “It is vital that the administration’s in- May Buy Grain vance of a joint congressional economic providing for a gradual phase-out of con- tentions regarding tax cuts or rebates to subcommittee hearing at which the in- trols. moderate these striking jumps in energy vited witnesses were Frank Zarb, ad- Congress plans to take August off. An prices be explored before the committee,” By United Press International ministrator of the Federal Energy Ad- '* ■‘t'- Agriculture Secretary Earl Butz says agreement must be reached this month. Humphrey said. there probably is some truth to those B P rumors of a U.S.-Russian wheat deal that have sent American grain prices skyrocketing. Deregulation Plans Being Explained The reason, he said Wednesday, is a poor crop production in the Soviet Union. WASHINGTON (UPI) - Urging reform themselves, to bring about reform of the “millions and millions of dollars” and has The U.S. Department of Agriculture’s of federal regulatory agencies. President government rules and regulations. estimate of Soviet wheat production was damaged industry and the economy, ac- Ford today said that the consumer is best He said that at his meeting last month cording to a White House aide. revised downward Wednesday, lending able to achieve his wants “through the with 24 members of Congress “there was credence to reports the Soviets are in the market place” and called for “maximum unanimity that we must examine our On January 25 he briefed 24 con- market for U.S. grain. Butz termed those freedom to private enterprise.” regulatory practices.” gressmen on his reform proposals. I" reports “more than rumor.” Ford said he believed the government He said that there was also agreement "■f / “I think the Russians will have to buy should intrude in the free market place that competition should be relied on rather In a speech April 28, Ford said that in some grain from the U.S. and Canada,” only when social needs are well defined or than regulation and when not necessary, the 90 years since the first regulatory Butz told a news conference in Kansas when monopoly conditions prevail. regulation should be eliminated. commission was created “we have built a City. Ford took his stand against the growth “I have a strong belief that the cost system of regulations which abound with But he said no private grain trader has of government controls at the opening of a which regulation imposes on every citizen contradictions and excesses, all to the reported any sales of 100,000 tons or more, White House conference with represen- should be faced squarely,” said Ford. detriment of the public.” as required by law. tatives of the major federal regulatory The Interstate Commerce Commission, agencies and commissions. The President has set a goal of reducing which deals with the trucking industry and tSf. “The governmment should foster rather federal regulation and cutting shipping, and the Civil Aeronautics ^ r d Development Bill than frustrate freedom” in business enter- bureaucratic red tape. He says current were particular targets for regulatory prise, Ford said. regulatory practices cost consumers Hearing Tuesday reform. But at the same time he promised that HARTFORD (UPI) — A new version of the Justice Department’s antitrust divi- the controversial city and town develop- sion would vigorously enforce business ment measure veto^ by Gov. Ella 'T. barriers which affect the consumer. ■■-MM Grasso will be the subject of a public The President spoke forcefully in the Offshore Oil Impact Fund hearing scheduled for Tuesday. East Room of his crusade to eliminate or The governor rejected the bill, approved ease -restrictive regulations which he Clears Senate Committee Ringing Out the Sidewalk Specials by the 1975 Legislature, because it gave claims impede competition and are costly municipalities nearly unlimited powers in to the consumer. Town Crier Kent Denley of 2 Alpine St. cries out bargains in each store he using l»nd revenues to redevelop rundown “I feel very deeply we must seriously WASHINGTON (UPI) - A $200 million- production. But it would not be limited to passes during the sidewalk sales which began today in Manchester and con- areas and attract new businesses. consider the cost to the American con- a-year fund to help 13 coastal states cope that. It also could be used to help cities, tinues through Saturday. Specials are. being offered by participating stores A legal opinion said the projects funded sumer of all government reguation,” he with oil and gas production on the Outer for instance, pay for new roads, schools in the downtown area and the Manchester Parkade. (Herald photo by Pinto) under the measure would be able to dis- said. Continental Shelf has been approved by and public services needed when drilling regard zoning ordinances and pollution He told the gathering that he found that the Senate Interior Committee. begins. and inland-wetland laws, even in towns there is “growing public attention and sup- The impact fund, as envisioned by the 'The fund, approved on a lO-to-3 vote other than the municipalities paying for port” in all sectors of society, including committee, would help states control Wednesday, is part of a biii which sets new the projects. Congress and the government regulators adverse environmental effects of such guideiines for 10-year leases on the Outer In Wake of MCC Controversy The legislature’s {State and Urban Continental Shelf, gives the coastal states Development Cotrirtifttee scheduled the more say in federal decisions and sets ab- hearing at the state Capitol to get reac- soiute iiability for deveiopers in case of oil tions on the new version of the bill from Money Reported Missing spills. Denison Releases Report municipal officials, bond lawyers and The panel has been considering the others. From Police Department measure this week in extraordinary night Mrs. Grasso has called for a special ses- sessions. Committees cannot conduct sion of the legislature later this month to business during the day white the Senate is On Minnesota Tenure consider the revised version of the Authorities in the Hartford Count; was discovered over the past weekend. deadlocked on the New Hampshire elec- state’s attorney's office have been calli By MAL BARLOW measure. The special session would be 3 Lannan said he wouldn't discuss I he tion dispute. board, a man chosen by a faculty associa- held immediately after the “trailer to investigate the apparent theft of money The amendment approved Wednesday Dr. Ronald H. Denison, president of case while investigation is under way. tion, and a lawyer picked by both of these session,” which is restricted to either up- from Manchester Police Headquarters, provides a detailed system for distributing Manchester Community College for four men. holding or overriding the governor’s Police Chief Robert Lannan said today. up to $100 million a year to coastal states months, Wednesday released a copy of a Tlie state’s attorney's office was called The men interviewed 144 people at vetoes. “An amount of money is missing,” Lan- for the impact of oil and gas production on report on the community college he ran in to investigate because either a civilian or Anoka-Ramsey. nan said. He declined to reveal how much the shelf, and earmarks another $100 Minnesota for five years. They reported June 8, 1974. a police officer may be responsible, Lan- money is missing. He said the incident nan said. million if the states need more money. The 37-page report recommended The team reported in detail the unrest at Denison be terminated as president of Anoka-Ramsey between 1965 and Police Capture Anoka-Ramsey Community College in 1968 before Dr.