The daily Nebraskan. ([Lincoln, Neb.) 1901-current, January 17, 1975, Page page 10, Image 10

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    page 10
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Practice up! The Dynamo Foosball Champs from
Texas are back and taking on all challengers. If
you beat 'em 2 out of 3 games you'll win a
"Mystery Prize" from the Dynamo Corporation.
Contest will be held on Dynamo Tables.
I Come early and practice! It all happens at
THE TOWN TAVERN
1115 "P" Monday Nite, 8 to 11
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12th &Q 475-662G
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Senators praise Ford speech
iiv Jim Zsiewski
Hailine President Gerald Ford's honesty and
candor, Nebraska Sen. Carl Curtis praised Ford's
State of the Union address.
"I think President Ford delivered a strong
speech," he said. "He has demonstrated his
capability to lead and showed himself in
command of the situation."
Sen. Roman Hruska of Nebraska called it a
courageous speech, saying the President
prescribed "a stiff dose of medicine for
everyone."
Action on the President's proposals is
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Hruska
Curtis
imperative, Hruska said.
Curtis said he approved of the moratorium on
new programs and holding the line on federal
spending. He said he would have more to say
later about the new tax proposals.
The programs outlined by the President are a
challenge not only to Congress but to all the
people, Hruska said. Citing the tough choices and
alternatives that have been presented, he said
there will be no room for traditional political
maneuvering in Congress.
Hruska's press secretary, Randy Moody, said
the senator is unable to reply to specific issues
and questions because Hruska has not had the
time to take a close look at the specific
proposals.
"Some of these are pretty complicated
financial proposals," Moody said. "The senator
will have to wait and see the exact implications
of these measures before he can give them a full
endorsement."
Curtis said he hoped the tax on gas and other
petroleum products would be adjusted to make
allowances for persons who must depend on
them for their daily operations.
"Whether one agrees with all or a substantial
part, it demonstrated the positive leadership our
country deserves," Hruska said.
"I think our country has enough fortitude to
take it," he said. "The result will be a more
healthy nation."
President's tax plan questioned
Continued from pg. 1
Ford's proposed removal of price controls on
domestic oil will increase prices, but also will
encourage domestic oil production, he said.
Rationing would not encourage domestic fuel
production, which is necessary for energy
independence, he said. McCollister said such
independence is "not only realistic, but vital."
"However, there's no way we can become
independent in less than 10 years," he added.
McCollister said in 10 years domestic fossil
fuel sources should be developed and technology
should be applied to exploring new sources of
energy. Solar and thermal heat and hydrogen
extracted from seawater are possible energy
sources, he said.
'Free energy
He said costs for fossil fuels will increase in
the short run, but that with the new sources
energy will be available at lower prices in the
future.
"In about 50 years, energy will almost be
free," McCollister said. "We have that kind of
ingenuity and technology."
Smith agreed with the necessity of energy
independence.
"We can't be subjected to economic
blackmail," she said.
She called for acceptance of Ford's proposal
to cut federal spending by slowing down the
growth of existing programs and eliminating new
programs.
' $30 billion deficit
"I'm very hopeful the Congress will strictly
limit federal spending," Smith said. She said
increased federal spending would add to a federal
budget deficit already estimated at $30 billion
this year.
McCollister called federal spending "a matter
of the greatest concern" and said limits should be
placed on it even though some programs may be
hurt.
Charles Thone, First District representative,
was ill and couldn't be contacted. In a press
release, he said he realized any energy proposals
Ford makes will be unpopular, and because of
that Ford has his sympathy.
Deadline
Saturday
for income
reports
Many University employes will be figuring their income taxes
early this year.
Nebraska state employes earning more than $10,000 a year,
which include many professors and administrators, must file either
biennial Conflict of Interest forms or income tax forms with the
Nebraska Code of Ethics Board by Saturday.
Information in Conflict of Interest forms is about the same as
that in income tax forms. The employe must register income from
his salary as well as income from ownership of business, farms or
o(her real estate, according to the Conflict of Interest form
statement. If the employe has invested more than $5,000 or five
per cent of his total Capital in a corporation, he must also list this
investment.
In addition to listing his own salary and investments, the
employe must also list income earned by his spouse and children.
UNL Director of Personnel Roy V. Loudon Jr. said, the idea
behind the Conflict of Interest forms came from the state
legislature.
"A bill was passed which required state senators to disclose their
sources of income and activities that might interfere with
legislation. The idea grew from the Legislature and encompassed all
state employees earning over 510,000 & yeai," he said.
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daily nebraskan friday, january 17, 1975
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