Independent from Long Beach, California on January 17, 1975 · Page 10
Get access to this page with a Free Trial

Independent from Long Beach, California · Page 10

Long Beach, California
Issue Date:
Friday, January 17, 1975
Page 10
Start Free Trial

Ford hit by Hayes - t " "" on fuel Supervisor blasts energy 'gimmickry' after capital talks Our National Bureau : By GEL BAILEY WASHINGTON - .:Republicari Los Angeles ;Gounty Supervisor James .Hayes, who served on ·"Project Independence," Thursday blasted President Ford's .energy program; as a "gimmick." '. Hayes, who is head of ·the National Association [of Counties Energy Committee, made his com- 1118 after attending an\ .energy and economics b'riefing conducted here by President Ford. .' ! "They spend too much time' talking and not enough time listening,". Hayes said after the briefing:' "··· .' THE supervisor's stand ·_may |esult in the national "association's fighting the ·President's proposal for 'an import fee on oil. ·; Hayes proposed instead "a mandatory allocation system to cut oil use by 20 ;per "fcent. He suggested .that: implementation of the system could be left to local governments and added that Los Angeles County has a plan ready for such a situation. "The increased price of gasoline is going to hit the working man who must drive to work," said Hayes, "We have no alternative source of transportation!" He said that he does not believe the increased cost will cut gasoline consumption as much as the Ford administration believes. "PEOPLE will spend what they have to spend on gasoline and will just cut back elsewhere," Hayes said. The supervisor was un- ble to speak to Ford but lie did talk with Treasury Secretary William Simon and advanced his complaints. .",! am going to try to persuade the President and his advisers to change their plans," Hayes said. TJhe; county .supervisor also, attacked plans to drill for oil off the California-coast. ,"We do not have the storage and refining capacity for Alaskan oil, much Jess for offshore .oil," he said. "So the oil that .will be produced off our shores will just be sold overseas and that doesn't make any sense." THE FORD administration's energy and economic programs drew a generally cold reception from county officials and representatives gathered in Washington. They were fearful that local governments will be hard hit by both increased costs for fuels and by a decrease in gas taxes, caused by lower consumption. They feel that the additional revenue sharing funds, proposed by President Ford, will not cover the additional costs and loss of revenues. IMF creates loan schemes to bolster nations WASHINGTON (UPI) -After a sharp fight between France and the United States, International Monetary Fund (IMF) 'members late Thursday approved creation of two loan schemes totaling $31 billion to help prevent nations hard hit by high oil prices from going bankrupt. The agreements included a one year extension of existing IMF special oil financing machinery at a $6 billion minimum, and a $25 billion supplementary oil facility proposed earlier by Secretary of State Henry A. Kissinger that would operate outside the IMF. The dispute between French and U.S. representatives occurred behind closed doors and details were sketchy, but some finance ministers present said France sharply opposed the $25 billion facility and favored greater funding for the existing IMF facility. INDEPENDENT (AM) A Word To The Wise! Some Items Are One-Or-Few-OF-A-Kind! Be Here Early For Best Selection! All Items Subject To Prior Sale! All Sales Final! . · Prices Effective Thru Sat.; Jan. 18th KROEHLER YOUR CHOICE Herculon® olefin cover Convenient Budget Tenm 5-PC. BEDROOM BY BASSETT OR KROEHLER 70" DRESSER TWIN MIRRORS HEADBOARD N1GHTSTAND Choose From America's Leading Famous Brands At Exciting Savings Right Now!- Help us lower our inventory and help yourself to giant saving*! Chooft from hundreds and hundreds of furniture values... everything from charming accessories to entire rooms! You'll recognize the famous name quality at a glance: Thomasville, Kroehler, Bawett, Singer, Lane;: · Simmons, Futorian, Burlington House just to mention a few! MM every item in our giant warehouse is instantly available: no waiting, no delay! Just remember: values like this go fast. R E G U L A R L Y S 3 9 7 Dynamic 86" Sofa By Kroehler Royale! The quality and fine craftsmanship is obvious with this sofa! It is- beautifully upholstered in durable flame- stitched Herculon" olefin. Own it today with thick reversible seat cushions, tufted back and wrap arms! REGULARLYS47I Modern 5-Pc. Bedroom By Bassett! You'll wonder how Levitz can price it so low! Sophisticated suite has Pecan finish on simulated wood components and selected hardwoods... includes 70" dresser, twin mirrors, full/queen headboard and night-stand! CHESTS 135 · YELLOW TONE · I ARM AND 3 SIDL C U A I R S O R C H I N A C A B I N K T 'THE WORLD'S LARGEST SELLER OF FAMOUS B R A N D F U R N I T U R E WHILE SUPPLY LASTS YOUR CHOICE Pick Traditional Dining $ Set Or China By Bassett! 59"x28" COCKTAIL 3I"x24" END TABLE _Bv Famous BASSETT Have A Stunning Home Entertainment Center! A S S I A l B L i : 16 POLYURETHANE FOAM OR INNERSPRINO MATTRESS OR FOUNDATION Twin Or Full Size "Posture Rest" Bedding! EA. PC. $' 36 Rush For Sleek Glass Topped Bassett Tables! This Kroehler Recliner I las Pop-Up Headrest! Only At Levitz...5-Pc. $i "Plank Look" Dinette! ,, .WVf 7 Giant Wa]£house Locations ... An Easy Freeway Drive To Big Savings DAILY 10 TO 9... SUNDAY NOON TO 6 0 HUNTINGTON BEACH - ORANGE COUNTY © SAN BERNARDINO-RIVERSIDE - San Diego Frwy., Beach Blvd. Exit ~ Riverside-Barstow Frwy., Inland Center Exit Q OXNARD-VENTURA 0 NORTIIRIDGE - Ventura Frwy.. Vineyard Avc. F.xii - Nordhoff Si. and Tampa Avc.. Q SAN pIMAS-COVINA · Across From Norlhridge Center -Sw^ r A±lS;;! ln0rrWy '' 0 REDONDOBEACH -SOUTH BAY CENTER 0 I.OS ANGEI.KS.GLENDALE ~ Wcsl ol San Dicg ° P ' Wy ' A ' Arle$i ' - Ventura Frwy., San Fernando Ril. F.xii Across from May Co.. on Kmgsdale All merchandise is priced tor pick-up al our dock in the original factory container. Or. if you wish, we'll deliver for a slight charge.

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free