The Daily Register VOL. 97 NO.78 SHREWSBURY. N. J. MONDAY, OCTOBER 7. 1974 TEN CENTS Campaign financing bill before legislature TRENTON (AP) — The public financing of campaigns is Only the Assembly has scheduled a session flKlav Other In such public employers groups as the \eu Jersey SCIUKII The measure was sponsored by Assemblyman Albert again before the legislature with a bill in ratead the concept bills to be given possible action include Hoards Association Burstein. I) Bergen, who is also the chief backer of the bill to to gubernatorial primaries scheduled fur a vote today in the — A proposed $90 million bond UMK fur stall- subsidies extend public financing to gubernatorial primary' campaigns. Assembly. for low and middle income housing and housing fur the el- — A bill that would limit BCtlMl cash contributions. In p» The primary' bill would require 125.000 seed money before In a statement Friday, the Assembly Democratic major- derly The measure passed the Senate last Monda\ If ap- litical campaigns tn SUM) ami would prohibit candidate* froni a candidate would become eligible for public funds on a dollar demanding contributions la their campaigns limn public cm- ity leadership said il feels "without a meaningful bill to help proved and signed b\ (Jov Brendan T Rvrne H WNIM hHnu for dollar matching basis w«th funds he raised privately. finance primary elections we will not be able to effectively the total value of proposed bond issues un the Xu\ i hullo! to |llo>es It would also limit to $25,000 the amount of money that curb the ills connected with the practice of obtaining cam $590 million, including bunds for highways, railroads, and pre- Karlier this >ear Bvrne signed U'gi»lalinn elfeclne with could be contributed to a candidate's primary bid by his fami- , paign funds from private sources servation of recreational land the 1977 campaign lor governor for publu financing of that ly Assembly Speaker I. Howard Woodson.DMercer. said. — A bill to extend the powers of the stale Public Employe election. " When it was introduced the bill's backers estimated that "We all know that the real effort to influence candidates Relations Commission The measure would broaden PERC'H Candidates whu can raise MO.MM in seed money" will the cost of a primary campaign would be about $750,000 per comes during primary elections when voter turnout is relati- authority to regulate labor disputes involving public employ then be eligible for $.2 of slate mwte} fur every SI thev ralM candidate which would entail stale support of about $360,000 vely light and campaign fundrauung is more difficult ' es. It is supported by organized labor and .idam.unh opposed privately^, x •">for each office seeker in the primary election campaign High incomes surtax said part of Ford economic plan WASHINGTON (AP) - ments on what we're going to his major economic address l>resident's program "calls for rifice and self-discipline when President Ford is reported talk about on Tuesday." The President's proposals sacrifices" by the public, in- he travels to Burlington, VI., ready to recommend an in- Administration sources at on housing are expected to in- dustry' and government. tonight for a dinner saluting come tax surcharge on corpo- knowledged the 5 per cent elude a recommendation for "Sacrifices will be asked retiring Republican Sen rations and upper income in- surtax had been discussed at tax exemptions to encourage but there also will be propos- George D. Aiken. dividuals as part of his anti- high-level economic meetings the flow of savings into finan- als to make the sacrifices The aides also said Ihe inflation program. It probably would be cial institutions for use as equiUble so everyone bears President is planning to u.sc The President spent much coupled with tax reductions mortgage loans The housing his just share," Nessen said other out-of-town speaking en- of yesterday working on the for those in.lower income industry is in its deepest "It's a package and it's gagements in Ihe weeks package of proposals he will brackets who are hit hard b\ slump ever because of tight comprehensive," the spokes- ahead as a forum for major outline to Congress and the inflation, the sources said money and high inlerrsi man said of Ford's proposals addresses on specific econom- nation in a nationally tele- The surtax presumably rates. "... This is a package that ic trouble spots such as hous- vised and broadcast address would apply against taxes After the Sunday meeting, it carried out totally will ac- ing and high interest rales. from Capliol Hill at 4 p in paid — not the full income of Wtfrte House press secretary complish the job of con- Many of these appearances EDT tomorrow. an individual or a corporation Ron Nessen turned aside trolling inflation by 1976." were arranged to support Re- White House spokesmen — but details were scanty as questions on the President's Presidential aides said Ford publican congressional candi- said Ford has settled on more Ford put the final touches on tax plans But hi? said the may talk of the need for sac- dates. than a dozen specific propos- als, centering on problems with food and energy prices the depressed housing industry and record high interest HONORS FOR MISS JEPSON - AAiss Helen Jepson of New Shrewsbury, Greater fuel conservation rates former Metropolitan Opera star, meets with Boris Goldovsky. who pre- Administration sources said sided over ceremonies during his company's production of La Traviata' at they expect the income tax the AAonmouth Arts Center, Red Bank, last night. She was honored for shar- surcharge to be among the ing her musical gifts with the world. President's recommendations sought as inflation fight aid According to Time magazine. Ford is ready to seek a 5 per By The Associated Press ing their cars more slowly crude slowly climbing, more ning system to curb gasoline cent surtax on corporations and turning out lights conservation is needed to halt consumption. Ford spokes- Helen Jepson cited as well as individuals in the American fuel conservation The survey showed these the dollar flow. The dollar men say the president is op- higher income tax brackets efforts have lost some of their efforts have slackened since drain is one of the biggest posed to such a move. Time said the surcharge steam, and experts in and out the end of the embargo. They reasons (or the inflation that "Sooner or later, a ratio- "probably" would be on indi- •if government are calling for continue to provide consid- plagues this country and ning system Is going to be vidual incomes of $7,500 and new ways to save energy and erable energy savings — much of the industrialized needed as far as the United for sharing her gift above and on family incomes slow the inflationary flow of more than a million barrels of world, economists say States is concerned because of $15,000 and above dollars to oil countries oil a day. That's good, but not France has already moved there is no awareness as far BB..y GRErnr/G< BORABAD tlK/ hae saidi-niil . "W"U/ne honohnnnr heharr witu>ifh Hn.e calle__I»_dJ Mis»«. s Jepso• —n "it a— The President, asked about An Associated Press survey enough, many experts are to cut oil imports by 10 per as the public is concerned to gratitude and appreciation for great diva and celebrated lyr- the magazine report as he left completed on the eve of Pres- saying. cent, and Italy is also taking this energy problem we RED BANK - Miss Helen her great gift of music which ic soprano" whose unselfish Bcthesda Naval Hospital af- ident Ford's economic policy With American crude pro- mandatory steps to reduce face." Laird said last week Jepson, hailed as one of the she shared with the world." devotion to her art and people ter visiting his wife last speech shows that Americans duction slowly declining and energy use. great singers of the Metro- After graduating from the See Helen Jepson, page 2 night, said "I make no com- are still traveling less, driv- imports of expensive foreign Secretary of the Treasury politan Opera by her peers, Curtis Institute, Miss Jepson William E. Simon said last was honored at last night's became a Metropolitan Opera week that conservation is the Terrorists' performance of "La Trav- prospect for her solo soprano only tool this country has iata" at the Monmouth Arts performance in Brahms' "Re- right now to bring down for- Center for sharing her musi- quiem." eign oil prices. siege may cal gift with the world. Once at the Met, she was President Ford is expected More than 600 opera en- noted for her role in the pre- ' to announce some new mea- be near end thusiasts, some of whom miere of "In the Pasha's Gar- sures for conserving energy SANTO DOMINGO. Do- .came especially to participate den," and her debut as Nedda tomorrow, but advance word minican Republic (AP) — A in paying tribute to Miss Jep- in "Pagliacci." is that no radical steps will be flurry of police activity at the son, witnessed the brief cere- It was appropriate that taken. Venezuelan consulate, where mony over which Boris Gold- Miss Jepson was honored dur- Simon's successor as head leftist terrorists have been ovsky, whose opera company ing Mr. Goldovsky's staging of the Federal Energy Admin- holed up with an American staged "La Traviata" here, of "La Traviata" here since istration, John Sawhill, is diplomat and six other hos- presided.