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Monday, October 8, 1973
University Daily Kansan
Oil Talks to Begin Today
Western, Arab Producers to Discuss Prices
VIENNA (AP)—Price talks between negotiators from the Persian Gulf oil producers and representatives of Western oil companies. The overshadowed by the Mideast fighting.
George T. Piercy, the head of the negotiating team for the Western companies, is general manager of Exxon. That company's interests in Iraq as well as mobil Oil Company its shares in the Basrah Petroleum Co were nationalized "to deal a blow to U.S. interests in the Arab homeland." Baghdad Radio reported.
Iraq, which took the measure in retaliation for what it called Israeli aggression in the latest Mideast fighting, will be one of the six producer countries taking part in the talks beginning today to negotiate price boosts.
THE OTHER ARAB countries are Kansas, Saudi Arabia, Abu Dhabi and Qatar. Iran is the only non-Arab country taking part.
Saudi Arabian oil minister Sheikh Vaughan) leads the producers' team.
None of the Arab countries to take part in the talks are presently involved in the fighting, but Saudi Arabia and 15 other Arab nations have pledged their full support for Egypt and Syria in the fighting against Israel.
If negotiators continue with business as usual despite the fighting, the first round of talks might be briefer than was assumed originally. Experts have prepared a memorandum for the negotiators of the Western firms, and the talks are expected to
THE CALL on Western firms to consider price boosts to offset losses of producers because of inflation came at a conference here Sept. 16.
adjourn after some discussion so that
them negotiators can consult with their
bearers.
The Organization of Petroleum Exporting Countries (OPEC) has 12 members, but only the six on the list. The Organization Price boosts negotiated by Persian Gulf producers were expected to
eventually affect all OPEC members, which
are about one per cent of the world's petroleum exports.
There have been reports from informed oil sources that the OPEC negotiators would initially demand as much as double the prices posted for Persian Gulf crude oil.
OPEC has claimed the price boosts need not cause increases for consumers because the Western companies allegedly reaped excess profits in the past.
HOPE Candidate . . .
From Page 1
Besides, there's a kind of excitement that comes from young people and the persistence.
Tolffson said that in some areas of business instruction it would have been helpful for him to have had more experience with a corporation.
"Having had some actual experience certainly improves teaching in the area of business, but because I teach mostly math it would be difficult to work it into my classes. It would be much easier than relating actual business experience in the role of courses I teach," he said.
Tolleson received his Ph.D. in economics from Purdue University in 1966. He was an
Hitchin'
MAN, THIS IS THE LIFE! OUT HERE ROUGHING IT WITH NATURE
Middle East . . .
From Page 1
continued into the night against the Egyptian ship and crossed across the canal into the Sinai Desert.
President Nixon, reported by aides to be "very concerned" about the hostilities, ordered Secretary of State Henry Kissinger to request a meeting of the U.S. Security Council to seek a solution to the fourth war between the Arabs and Israelis since 1948.
THE UNITED STATES, he said, would not enter with a specific proposal in hand, but rather with an open view toward finding a solution that means to bring the hostilities to the end.
Gen. Haim Herzog, former Israeli military intelligence chief, said on an Israeli air base in southern Lebanon.
Before Nixon announced his order to Kissinger, informants at U.N. headquarters in New York said the Soviet Union and China issued a cease-fire declaration. The Security Council issue a cease-fire appeal.
Later, the Israeli military command offi-
"Some 400 Egyptian tanks crossed the canal in the past 24 hours. But nearly 10 or 11 invasion bridges have been destroyed, and they are underwater and their supply lines are cut."
A dispatch from Cairo said that city was partially blacked out.
cically announced that the Israeli jets had destroyed nine bridges over the canal and were flying night raids into Egypt and Syria.
An Israeli broadcast from the Golan Heights said Israel reserves and armor were bolstered the line and "the balance of force is switching in Israel's favor. Syrian artillery fire has stopped possible direct of direct hits by the Israel air force."
nato Damascus said the Israelis suffered huge losses in the Golan Heights and a large number of Israeli pilots and soldiers were captured.
The broadcast urged Syrian citizens to assist in the capture of downed Israeli bombs.
An Egyptian military communique, broadcast by Radio Cairo, claimed that Egyptian planes and antiaircraft defenses had downed 57 Israeli jets in the two days of fighting. Syria said its forces accounted for another 43 Israel warplanes.
The broadcast also urged Arabs living in Israel to form esmason units to help crush terror.
War Powers
From Page 1
WHERETHE CONGRESS could override the veto the bill is in doubt. The Senate passed its original war powers legislation with a vote well over the two-thirds needed to override a veto, but the House was 32 votes short.
Senate deliberation begins today and a vote is expected by Wednesday.
THE MANDATORY fuel allocation bill in the House would force the President to implement, within 25 days, a sweeping program to allocate fuels, including home heating oil. The bill is designed to prevent shortages across the country.
The strip mining bill before the Senate would require restoration of mined-out excavations to the original contours of the land where possible. The bill would also set up a $100 million fund to reclaim abandoned strip mines.
President Nixon has imposed government
controls on propane gas but the House bill would require him to also allocate home heating oil, gasoline, kerosene, butane, diesel fuel, lubricating oil and crude oil.
The House bill is an expanded version of a mandatory fuel allocation bill already passed.
The House also is to act on home rule for Washington, D.C. The prospects are high that it will approve some form of self-government for the nation's capital.
The Senate has passed home rule bills five times but only one passed the House, in 1965, and it died lacking a House-Senate compromise.
BUSINESS SENIORS AND GRADS:
in college and commercial to serve as Volunteer marketing advisers and business advisers in Columbia, Ed. Salvador,
and New York. Business Placement Office: Summer-
will be interviewing Oct. 15 and 16.
The measure of an order may be taken in the measure of its men.
He founded the order in 1858 and his aim was to create an order of priests who would be able to meet the needs of the North American people as they arose in each era, each age. Modern priests who would be modern men.
In the beginning there was Isaac Hecker.
Part of the success of this order, he believed, would lie in the fact that each man would be himself, contributing his own individual talents in his own way for the total good. "The individuality of man," he said, "cannot he too great when he is guided by the spirit of God."
Whether the Paulist keeps boys off city streets by restoring and re-planting a city park or wins awards for a remarkable TV series—he is responding to the needs as he sees them.
And that is just what the Paulists are—individuals. We're proud of our men and of each and every individual
Wherever he serves—in a parish or an inner city school ... a youth center or on campus ... a welfare shelter or in a prison ... joining a senior citizens group or in radio, television or publishing, the Paulist is making his own contribution, and keeping alive Father Hecker's dream.
contribution-great and small.
For more information send for THE PAULIST PAPERS—an exciting new vocation kit of the posters and recordings.
After all, there is a lot to live up to and an order is only as good as its men.
Write to
Father Donald C. Campbell,
Room 101
Paulist Fathers
415 West 58th St., New York, N.Y. 10019
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JAMES COURTIS is IN JOURNEY.
As a child, he was manners to keep his hands in his pockets. So he put them into other people's it became a habit.
It is a grubby, violent, dangerous world. But it's the only
grubby, violent, dangerous world. But it's the only
grubby, violent, dangerous world. And they are the only
Eidis have.
THE YEAR'S BEST AMERICAN FILM THUS FAR! Paul O. Zimmerman
Men will kill to get what they need. And they need
James Coburn Is Harry
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From the Men Who Brought You "Z"
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Evenings at 7:15 & 9:30
CONTACT
assistant professor in the graduate program of business administration at Tulane from 1963-1967. He has taught marketing, statistics and quantitative methods courses
in business. He became associate dean of the KU School of Business this year.
Tollefson is married and has three children.
Hillcrest
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