The Baytown Sun (Baytown, Tex.), Vol. 55, No. 72, Ed. 1 Wednesday, January 5, 1977 Page: 17 of 23
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2 Ways To Look
At Saudis’ Favor
The crack in the united price front maintained for the
last four years by the Organization of Oil Exporting
Countries (OPEC) has given the oil-dependent world a
respite from the inevitable, but only a respite.
It remains to be seen whether Saudi Arabia, the world’s
largest producer of crude oil, can boost its production
enough to make its 5 per cent increase stick or whether the
other OPEC members, who wanted increases of up to 15
per cent, will tough it out. One thing the latter have work-
ing for them is the fact that there are practical limitations
on how much more Saudi oil the world’s supply lines can
undle. ~~ ~
It’s also a question how long the Audis will be willing to
try to keep tlje lid on oil prices. As they have made plain,
they expect something in return from the West - namely,
increased U.S. pressure on Israel to withdraw back to its
1967 borders and to resolve the Palestinian problem.
What it amounts to for the American energy consumer in
th^short run is an increase of less than a cent per gallon for
gasoline and home heating oil .under the Saudi dispen-
sation, versus close to two cents at the majority OPEC
, level. i
Economists estimate that the actual increase will be on
the order of 1.5 cents a gallon, or an overall increase of
about 8.5 per cent, when Saudi oil is mixed with non-Saudi
• oil and production from U.S. wells in a very complicated
price and supply structure. ,
But to people who have seen energy prices double since
1973, even 8.5 per cent sounds almost like good news.
In the long run, of course - meaning the next quarter of
a century - one energy situation can only get worse. Even
Saudi Arabia’s immense reserves are finite and we will
sooner or later enter an age' of pefroleum scarcity. The
coming on stream of Alaskan oil and North Sea oil may
temporarily slow the trend, but cannot avert the inevitable.
Thus the Saudis will really be doing us no favor if their
break with OPEC encourages us to continue in our
profligate ways and to slacken in our efforts to conserva-
tion and the development of alternate energy sources:
Editorial Page
Wadiwsdav, January 5, 1977
Features
Opinions
Jack Anderson
50 Of Largest U.S.
Firms Probed On Taxes
*
*»
•• •
-SCHAQL
TIL
v.'m
scwpo
BU$>'
WASHINGTON - The Inter-
nal Revenue Service is secretly
investigating 50 of the nation’s
largest corporations for tax eva-
sion. But many more compan-
ies, according to 1HS sources,
have escaped paying their fair
share of taxes.
IRS Commissioner Donald
Alexander told us that his agen-
cy was . looking into serious
criminal charges against 50 ma-
jor corporations.'Among them,
we have learned, are such giant
firms as General Tire and Rub-
ber, Gulf Oil, McDonnell Doug-
las, Phillips Petroleum, Revlon, y
Schlitz Brewing) and the 3M Co. |
Evidence of fraudulent activi-
ties by these corporations was
uncovered, Alexander said, by
his "large case audit program.”
Under this program, the IRS
automatically audits, the na-
tion’s 1,230 corporations which
have assets of more than 3250
million each... Our IRS
sources contend, however, that
the tax agency should be catch-
ing even more corporate tax
evaders. One'source estimated
there could be 200, maybe more,
additional corporations filing
phony tax returns.
In fact, the IRS auditors may
not deserve all the credit for
catching the 50 corporations un-
der investigation. In one case, in-
volving the Fruehauf Trailer
Co., according to Rep Charles.
Vanik, D.-Ohio, it wasn’t the au-
questioning corporate person-
nel.
The intelligence agents ar-
gued that the corporate books
alone seldom reveal the tax eva-
sion. It takes the testimony of
witnesses to nail down the fraud,
they told us.'
rium personnel at a Christmas
party feasting on the same grade
shrimp as the heisted jumbos.
The shrimpeating celebrants
insisted that they ’ purchased
their jumbos from R. W. Clax-
WEST
*743
UAK7
» Q10 2
A K 10 91
ton Seafood, Inc. But Claxton’s
refused to talk about the aqua-
FISHY-STORY: Thieves have
been stealing fish food out of the
mouths of the resident fish at the
National Aquarium.
The thieves have been discri-
minating. They have filched only
jumbo shrimp and crab meat
from the aquarium freezer.
Some-3200 worth of these delec-
tables have disappeared during
the past eight months.
Untouched, however, were 200
pounds of smelt and 60 pounds
of squid, which the gourmet
thieves left for the fish.
' Officially, this great aquatic
myster remains unsolved. But
amateur sleuths became suspi-
cious when they noticed aqua-
rium purchases.
"We’ll lose business and (the
government) will come in to in-
spect the plant,” Pichard Clax-
ton explained. •
West N
-r'
Pasr-t'
Pass
Pass
Openin
|. •«.
Bible
Verse
Da/7)
On fl
WHEN THE even was come,
they brought unto him many
thajwere possessed with devils;
and he cast out the spirits with
his word, and healed all that
were sick. Matthew 8:16
liv iKw.ilc
Berry’s World
The Cloudy Brew
Americans might be a nation of tea drinkers today — if
it hadn’t been for that little tiff with George III a couple
centuries ago. They could be yet, the way coffee prices are
going: ' —■ '• v .
t Then againjhey probably won’t, the way tea prices are
going. • - : r
UFA
Now what do we do?
According to the National Coffee Association, the
wholesale price of green coffee has risen 218 per cent since
mid-1975, when a freeze struck Brazil, the world’s largest
coffee producer. Latest announced increases, averaging
about 20 cents a pound, will percolate down to the con-
sumer this next year.
Yet even before coffee prices started zooming, per capita
consumption in the U.S. was a steady decline. U.S. Depart-
ment of Agriculture statistics show that it dropped from
11.1 pounds per person annually in 1967 to 9.4 pounds in
1974 to an estimated nine pounds in 1§75.
At the same time there has been no significant switch to
tea. The USDA reports that tea consumption has remained
stable at .8 pounds per person for the last three years.
Meanwhile, tea prices on London markets h^ve risen to
record highs, as have cocoa prices. * i7
Itpll makes for a cloudy brew. Americans are shipping
less of their favorite beverage than before (and aren’t sipp-
ing more of any other beverage), but the decline in Coffee
consumption has been more than offset by the decline in
available supply. Thus the soaring prices.
Business Mirror - - VV :’V' 7 .
Latest Economic News
Holiday Gift To Jimmy
ditors but a confidential inform-
ant who supplied the informa-
tion leading to ^jie indictment of
company officials on tax fraud
charges;
Vanik heads the House Ways
and Means Oversight Subcom-
mittee, which keeps a sharp eye
on the IRS. He fired off a pri-
vate letter to Alexander, there-
fore, asking how each case of
cWporate fraud was uncovered.
The commissioner ignored the
letter, whicifwas dated Sept. 21.
So on Dec. 13, Vanik followed up
■r. There still
with another letter,
has been no reply. We have
learned; that the IRS, mean-
NEW YORK (AP) - The re- tail sales since November seem
cent economic news is like a^ > / to have some added zip. Gross
New Year’s, greeting card to* ' National Product estimates are
President-elect Jimmy Garter.
It is signed: President Ford.
The very latent message on
the greeting is that the com-
posite, index of economic in-
dicators is expanding again,
but this was expected. For sev-
eral days and more the better
rising.
In addition, the stock ex-
change is showing some
strength. Consumers too are a
bit more confident.
Democrats should beware of
gifts from Republicans, of
. , . , , course. In fact they should be
numbers, factories.
Personal’income figures now
look better. Consumer prices
because it can evaporate, liter-
ally disappear in statistical re-
visions arid changed. moods,
and it might do that
seem Almost under control. Re- .» - But right'now it does look_as
Agriculture Department economists say , that coffee
production probably \ypn’t return to normal until the 1978r„
80 marketing season.
■*
It’s Possible!
if the restrictive economic pro-
grams of the Ford adminis-
tration have brought to the Car-
ter administration a more
stable economic base on which
to build its more positive pro-
grams.
The key contribution from
Ford has been a relative meas-
ure of price stability. The latest
report on consumer prices, for
November, showed a rise of
only three-tenths of 1 per cent,
or an anmM rate of 3.6 per
cent.
After double-digit ‘rates for
..many months; a figure that low
isn’t unappreciated by those
who have to watch their pen-
nies - and wfio have been -'
doing so. They tend to venture
out, to spend, to take risks,
rather than simply bank if they
can.
while, tried to get a ruhng frbfc
• the Justice Department, forbid-
ding the release of the informa-
tion that Vanik requested.
Some of the nation’s most-
prominent and prestigious
corporations have resorted to
shabby, if ingenious, §chemes to
evade taxes: Of course, the taxes
they escaped paying had to be
made up by the honest taxpay-
ers. Here are just , a few of tjie
tax evasion schemes, with the
names omitted in order ,not to
jeopardize the investigation:
— One large corporation paid
$2.5 million to a public relations
firm, which was used solely for
political lobbying under the cor-
porate officers. The corporation
' wrote off. the money as a bad
debt. r: *
— Another big firm bribed
State officials and then deduc-
ted the bribes as salesmen’s ex-
poetises. •
— A multinational corpora-
tion deducted the expenses of a
We wafl
played
rubber br
it was {re
South was
went on
hjs minirr
The pla
ly. He ru
took a
trumps w
took a se
worked bi
tunately f
ed out. N
to be abl
club trick
Three
trumps
diamonds
, South hac
a 10th tri<
and playc
produced
tually the
points.
South
his dispo
second
.played lo
wbuld col
clubs hi
would ha
tract aga
Incider
of safet
match-p
take
four-spac
' - abnorma
it would
point sco
"How interesting! Did you always want to be a
technocrat?"
A Flor
Dr. Lamb
It may be a bjessing in disguise. Health experts have king ’
7\
Get rid
of all fat r
t
DEAR DR. LAMB - I am
47 and, getting heavy in the
middle. I could think of no
other way to flatten my tum-
my other than to exercise this
area. My problem is whenever
I exercise a month the '
measurements increase
rather than decrease.
I became a member of a
1 ■ A <•
Crack the crust
foreign subsidiary from its U.S.
-The unexpected spurt in au- tax return thereby illegally de-1, healtiTspa but to no avail It
tomobile sales, at the very time -- erasing the amount of taxes it ^ seems that I cannot get back
some informed indusry analysts . Paid---,■ ^ r to my old self since I qdil
were looking for a slowdown, ’ “ *
From Sun Piles -
Derrell Lemmon Was
Sun Carrier In ’37
From The Baytown Sun files,
this is tl)e way it was 40 and 30
s and 20 year?"ago:
sulphur mining plant will begin
in two weeks in the Moss Bluff
area of Liberty County, an
?E-L !°Lthre€ anAo ha f yearS:. ecutive, tells plans for camping
dies at the age of 53, ^ ^--activities-w 1947. ■
Pritos for Janies William .. p v ^lnnc
Jacinto Creamery, a baby
sweater from Sumner’s, 10
passes to the Texan Theater, a
safety auto seat from Ufrey
By Robert Schuller ” ' V returned to watch that
- I’ll never -forget the first great whale. Sure enough, he.......
season I watched the massive was thrashing, and grinding,
California gray whales as they and rubbing, and scraping to ••
pioved south. I saw what I break off the months of ac- >
thought was a grounded - cumulated barnacles. How
Whgje, thrashing agajpst the -.good he must have felt as he,.
ugly brutal rocks. He was a swam off tree from the crust
monster of a whale! t of barnacles. * .... ■
f was alarmed! I knew he Are you encrusted with the ♦
was hjing up on the rdeks, so I barnacles, of fears, hurts, and
went quickly and made a call rejections accumulated along
,. to the county department that life’s journey? You’ll feel
handles animals. "Where are better when you crack the
you?” they asked. I described crust aSid let God in!
the place and the county -—-
Worker laughingly said, “Oh
no; that’s a favorite spot
might be evidence of this.
When the final report on Christ-
mas sales is in we might have
"'more evidence: -
The most magical effect of
all might be in consumer con-
fidence. It still is not robust,
but there is nothing like price
stability after price volatility to
restore ’faith among buyers. It
Used a public relations outfit to
distribute political payoffs,
which would have been illegal if
the firm had made the contribu-
tions directly. The company then
compounded the offense by de-
ducting the payments as busi-
ness expenses.
Alexander told us the IRS is
(tacking down on the big cor-
bears watching, porations. He has ordered is au-
The president-elect has pro- e ditors to ask 11 questions ofcor-
.duced a good deal of the news porate executives, questions that
by himself, of course, without are calculated to expose brib-
aid from President Ford. He
where the whales stop to
scrape the barnacles off.
Reverend Schuller, pastor of the
Garden Grove, Calif.,,Communi-
ty .Church, conducts a" nationally
syndicated television program.
has given the impression of .a
new beginning, or a more activ-
ist role, of pew ideas todje tried;
and obstacles to be conquered.
Lockhart’s ^ome.
JAN. 5, 1857
'Baytown Jaycees open their
„ . ... , annual poll tax drive with
Hardware, a 18jwcert discount - . ^ttttson * chairm, -
on any! Frigidaire,, from. A. E. «H:hairmen'
Drew and Co, a Simmons baby - sjxty-six charter members sign
bed from Culpeppers and a up for the pcPposed GooSe Creek
Teeterbabe from M. Harvey and country Chib: A group, headed
U° by Max Nuttall and E.,C. (Jack)
In point bf size, the Smallest . Kimmons, is spearheading ef-
Daily Suf) carrier is Derrell Leni- J for(s to rajse $135,000 to buy land
mom,13, of Pelly. Son of Mr. and ;usj 0ff pecker Drive and near
Mrs. R. F. Lemmon, piorteerr Garth Rgad > '
residents of Pelly, Derrell Is , t
about as pig as a minute but
carries one of the biggest routes. tMrhpr at RFX and Wmbther,
Mtft Paptoton &>m
But promises don’t go far if
* -.the economic foundation looks
like it might fall apart. The
present one still is Hckety.diut
it has a few /nore nails and .
planks in place than just a few
TtlhaSme, just before the skiUs °[the intelligence aients'.
elections, many of the same in- . and Exchange^m-
dicators that now look so good ™ssJon *orma> reporting un-
- - usual payments such-as bribes
eign bank accounts. If the execu-
tives give false answers, they,
would be subject to criminal
prosecution. . „
Yet the IRS intelligence
agents confided to us that ,the
crackdown has been less effec-
tive than it should be. They con-
tended that Alexander is relying
bn auditors who are well inten-
tion^ but lack the investigatory
working a year ago. I am. a
plain housewife and maybe
staying at home is part of the
problem. I would appreciate it
if you could help me in any
way.-,
DEAR READER - Exer-
cising is a good'idea and how
you do it is important.
However, you can -tighten up
the muscles and still not do
much good if you have body
fat you .need to get rid of.
There is usually about as
much fat inside the abdomen
as there is outside under the
skin. You can!t squeeze this
into non-existence; you have
to eliminate the fat deposits
then your stomach will
set in and my eye had to be
removed. It vvas not possible
for a transplant then but
modern medicine has changed
a lot in 13 ypars. ' -
Right now I have an ar-
tificial eye but still hope for a
real one. My eye socket is still
very muscular.*-'• ■
DEAR READER — I am
sorry to say this can’t be done
as yet. The tissue of the brain
and: spinal eord will not
regenerate, whereas a nerve
know i
* diamond
held:
AKQJx
A—.
North
opening
heart,
two heal
diamond:
The ai
“Not
either bii
spades oi
spades."
a spade
suits?
acroI
eyes are really extensions of
the brain and one cannot cut
and sew together the optic
perve to the bapk of the eye
.and have it regenerate into
cells that will transmit the
impulses needed for sight. We
-—M4i
prefix (a
4 Entertain
grou*(a|
7 Consume
■TO BTtlTSe
12 Semesti
-14 Nothing]
15 Son of
would make regeneration of
brain and spinal cord tissue
possible before we can hope to ,
accomplish anything like an
eye transplant. ‘
There was a flap’ a few
years ago about an eye doctor
trying an-eye transplant but
that either was not what the
operation really was or it was
a-total failure - as it would
•aistline you have to GETT »Ptic nerve
regeneration or regeneration
of the essential nerve paths
even at the back.of the eye.
Your loss of an eye in this
manner though rnompts me to
int out that a major cause of
i Group!
persons I
17 Writing f
18 Entertaiij
20 Men
22 Best
24 Carpentrl
26 Jekyll's P
“ opposite]
30 Ozon
31 Scale nol
32 Auto wol
Preston Pendergrass...
Jim Finley.............
U/nnrin Hrtnn
EDITORiAL.DEPARTMENT
......Executive Editor
.......,:. Managing Editor
But the corporations isolate the
auditors and prevent them from
waistline you have to GET
THE FAT OUT and GET THE
FAT OFF. Both are impor-
Sit-up exercises, leg lifts
and a general exercise
program with a diet is the key
to avoiding the big bulge.
DEAR DR; LAMB - Is it
possible to transplant whole
eyes? Thirteen y^rs Sgo I
•had to have my eye removed
union (al|
33 Nude
3 “Nuclear I
.: agency (I
34 Classified
■ ’T-TStew*
36 Fabricatl
37 Pale.
39 Sounds I
42 Obliteraf
the eyes. Many of these could
be prevented if people would
Wear suitable prdtective
goggles when working or do-
ing anything thatexfwses the
eye to danger. Eyesight is so
Mrs. Clare Farrai
> yeaTS a8P' yT " ‘ ffit Muldro’
JAN. 5,1847' chief of Highlands
| Construction of a $2 million • Fire Department. ,
. Wan^a Orton,,,,,.,;.A860ciate Managing Editor
ADVERTISING DEPARTMENT
Jerry Winton,,,,,.;....,^..,',...........................Retail Manager
Pat Staples .......;—:.Clastaifieid Manager
Entered as aecond class matter at the Baytown. Texas Poet Office 77520 under the Act ot
patches credited to It or not otherwtee credltod In this paper end local news ot aponUneoua
origin published herein. Rights ot republjcation oI alfptner matter herein axe also reserved The
because of an accident in precious that to fail to ,take
which a piece of plastic cujt this precaution is really
the eye in half. An infection rather foolish.
I ’ _
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Brown, Leon. The Baytown Sun (Baytown, Tex.), Vol. 55, No. 72, Ed. 1 Wednesday, January 5, 1977, newspaper, January 5, 1977; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1074994/m1/17/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sterling Municipal Library.