The San Bernardino County Sun from San Bernardino, California • Page 5

THI SUM A-5 Carter could lose oil quota powers W4 Oct. 31, mt i 1 i i prove any quotas or feos. But the political unpopularity of such quotas made such congressional approval unlikely. Johnston reached agreement ith Saw hill on a weaker proposal giving Congref3 the ability to block quotas or fees, but not requiring a positive vote of the House and Senate for them to be put into effect. Should Congress vote to kill the quota or fee plan.

Carter could also veto that legislation. Congress would then be required to muster a two thirds vote to override the presidential veto. Johnston said he agreed to the compromise to avoid giving the president "a credibility problem" with other nations. "This gives the president the last word," he said. Last July 15, Carter announced in a nationwide television address that never again ould the United States import as much oil as it did in 1977, an average of 8.5 million barrels daily.

Carter set an immediate import target of 8.2 million barrels daily for 1979 and 1980. There is to be an 8-million-barrel daily target for 1982. The country imports less than that now, but many energy specialists believe that demand for oil in the United States will force Carter to invoke the quotas within the next several months. The president also pledged to other energy-conserving nations, including Japan and West Germany, that the United States would sharply curb its imports. The actual quota was to be established later this year, perhaps accompanied by a fees on the WASHINGTON (API The Sen ate voted 70-23 Tuesday to adopt a compromise stripping President Carter of authority to impose quotas and fees on imported oil unilaterally.

Although the agreement limits Carter's powers, it also saves him from an embarrassing congressional defeat with important international implications. "This is a recognition and a vin-. dication of the president's authority." said Sen. Bennett Johnston, chairman of a Senate Energy subcommittee with jurisdiction over US. import policies.

The import compromise was attached to a minor measure extending anti-trust authority of the International Energy Agency. It was uncertain how the House would vote on the legislation. The agreement as reached between Johnston and Deputy Energy Secretary John Saw hill several hours before the Senate vote. Johnston had been proposing a much tighter restriction on Carter's authority to impose international oil import quotas and fees. Sen.

Dale Bumpers, unsuccessfully argued that the president should have unfettered powers to limit U.S. oil imports. He said when it became necessary to impose binding quotas, only the president, and not the Congress would have the political courage to impose quotas which would limit U.S. consumption of gasoline and other oil products. "There is going to be social upheaval that is going to put the system to the test," Bumpers said.

Last week, the Senate Energy Committee voted 10-8 to require that both houses of Congress ap AP wirphote i Tornado damage A tornado tore the roof from this home in Newport, Tuesday. Bandits put family through night of terror ter ransacking the house but were disappointed by their loot. "They were apparently unhappy with the amount of money they found in the house, so when they found the bank books, they decided to stay and go for more," said Palos Verdes police dispatcher Bobbie McCurdy. After taking showers and forcing Mrs. Hammer to fix them a meal during the night, the masked bandits drove the woman to two savings and loan offices and ordered her to withdraw $3,250 after they threatened to kill her husband and if she called police.

The bandits returned Mrs. Hammer to her home, tied her up again and fled. The Hammers called the police after their son untied himself. PALOS VERDES (AP) Two masked and armed bandits, who found few valuables to steal when they ransacked a Palos Verdes estate, held a family captive overnight and then robbed them of $3,250 from savings accounts the next morning, police said Tuesday. Investigators said Ramon Ham-imer, 53, opened his door Sunday night to two men who claimed to be out of gas and in need of help.

Hammer and his 50-year-old wife, Bette, were tied up spread-eagled on the bed as the intruders searched for money and jewelry; Their son, Stephen, was also bound and gagged when he interrupted the robber's search a few hours later. Police said the robbers probably intended to leave immediately af ro to make il glow kfl 1 I I ilshire 7 piece PEIII 5 upm fibril I Pennzoil motor oil M) weight motor oil The asked lor motor oil Keep your car running smooth. Our re. 79' B1 Kaiser mill. (Continued from A-l) K.K.

(NKK), Japan's second largest steel producer. "If the deal went through and of course it's only in the discussion stage it would probably involve the liquidation of the present corporation," Brown said. The congressman, however, said Edgar Kaiser indicated other assets will be retained, such as the corporation's subsidiary, Kaiser International Shipping and its 32.5 percent interest in Kaiser Resources, a Canadian coal and oil company. Edgar Kaiser also serves as the president and chief executive officer of Kaiser Resources. Brown said Edgar Kaiser assured the congressmen that whatever the outcome there "would be no changes in management or personnel there (Fon-tana)." But, he said, the tentative plan entails bringing in Japanese engineers who are technology experts.

The last week, a team of NKK representatives toured the Kaiser steel plant as part of a technical exchange effort. Brown also said if the sale goes through, Edgar Kaiser indicated there will be "substantial opportunities for increased markets, including breaking into the Mexican market where the Japanese already have a sales organization." The congressman said such expansion fits into Edgar Kaiser's philosophies. Brown described the 37-year-old corporate executive as an "impressive" man who "believes in free trade, free competition and world markets. And he makes no bones about it." Brown further said that Edgar Kaiser "indicated the chances were good that there would be a successful completion of those negotiations." But, Kathleen Hyland, Kaiser's vice president of public relations and advertising, said in response: "Yesterday's meeting was a private meeting Mr. Kaiser asked for to brief members of the California congressional delegation.

1 "No specific details concerning the acquisition of any Kaiser Steel assets by NKK have yet been worked out. None of the assets have yet been defined and, as we said in our press release last eek, we expect it will be another few weeks before we might have anything definitive to announce." Brown said Edgar Kaiser also expressed "worry about the long-term prospects for the company," should the sale not go through. The congressman said the chief executive officer indicated he would "have to look around for other forms of merger or acquisition in order to help solve the problems." In a telephone interview from Washington, D.C., where the meeting took place, Brown also said that, should the negotiations fall down, the Kaiser Steel Corp. would be able to operate for only "another couple years" with the help of current cost-cutting measures, such as the layoffs. At that point, Kaiser hich has reported pretax losses of $132 million over the last 13 quarters would be forced to shut down.

But that situation seemed unlikely, according to the congressman, who said Edgar Kaiser said he has had a "long and close relationship" with NKK's president through his Canadian dealings and discussions are "taking place in a very friendly atmosphere." NKK is one of the top five steel producers in the world. Its revenues in 1978 were approximately $5 billion. antique brass ensemble Hmm1c1 smtn with dtwr.itive (Hi-iirtr liH ludt-s andirons, firest.wd and tiri-st-l with shovel, brush and poker No ONI. Our rv. 79.99 MOTC Motor oh 59" 1" 2" 8 ft.

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