The Battalion. (College Station, Tex.) 1893-current, October 26, 1978, Image 5

Texas A&M Newspaper Collection

The Battalion. (College Station, Tex.) 1893-current, October 26, 1978, Image 5

Newspaper Page TextTHE BATTALION THURSDAY, OCTOBER 26, 1978 Page 5 d “ sr y car,, iss the h W the ], ^ T e 'i Sross 1st, C year ll ) 10 fiscal ijJ ^ to real, own in t|, ( 'Sill; ies will school, bt bod] pening of 'Oil;) 11 Ew 'JNJ assist tin school mn 8 cpposiji oreign n K ways to ctary said lst re varop (1 '"'Sing med - especially ( alifano sjj ivsician ti^ derly and il students itinie or tj| il health he said, n also exchi lies important more eontm 'o fertilizat,, a transplm ■roic measii id wa tion oned national n tractor him ences to s out ufk it was fefld ipany - hat wil I) the bams A look at the president's of anti-inflation program United Press International WASHINGTON — President Carter’s anti-inflation program at a glance: Voluntary Pay Standard — An nual increases in wages and fringe benefits should not exceed 7 per cent. Workers under already-signed contracts, or those earning less than 84 an hour, would be exempt. Standard applies not to individual workers, but to the average within these groups: management, em ployees covered by labor contracts, other employees. Voluntary Price Standard — In dividual firms should limit price in creases to 0.5 percent below their average annual rate of increase dur ing 1976-1977. If they cut wages more than a half percent in 1976-77, greater price deceleration will be expected. Standard applies not to specific products, but to a firm’s av erage price. Firms unable to meet this standard must demonstrate that their before-tax profit margins are no higher than in the best two of the last three years. Real Wage Insurance — Carter will recommend to Congress that groups of workers, who meet the pay standard, receive ofiFsetting tax re bates “up to some reasonable limit,” if inflation exceeds 7 percent. Federal Budget — He plans to cut federal spending from its present 23 percent to 21 percent of the gross national product by 1980, a year ear lier than planned, and cut this year’s $40 billion federal deficit to $30 bil lion or less in the next fiscal year. Regulation — A council will be set up to review environmental and other regulations in hopes of reduc ing their inflationary effects while still meeting their objectives. Chemical Engineering Chemistry Compliance — The program is “voluntary,” but the government can encourage compliance with tools at its disposal, including limiting gov ernment purchases to firms observ ing the standards. National Starch and Chemical Corporation, one of the fastest growing “specialty chemi cals’’ companies and a recognized leader in its field, has unique opportunities offering ex ceptional career potential for Spring graduates majoring in the above. Please visit our Representative on November 9 U.S. ends air controls If unable to attend please send your resume to Richard Ranieri, Coordinator, Employment/Training United Press International WASHINGTON — President Carter has jubilantly signed the end to 40 years of federal control — and urn from tiy protection — of the airlines, and car- h,,: ■ riers were poised Wednesday for an “Oklahoma land rush” scramble to claim idle air routes. Representatives of more than a dozen carriers have camped in line outside the Civil Aeronautics Board for a week, day and night, rain and shine, through heat and cold, to reap this first reward of the airline deregu lation bill. CAB officials said they would be admitted Wednesday morning — some trying to hang onto nonstop routes their lines have not used, others seeking to take over routes their competitors no longer serve. The first carrier to ask for a specific dormant route will get it, but each must serve all the routes it requests. United Airlines, the nation’s largest carrier, was first in line. CAB Chairman Alfred Kahn, who fought for deregulation and now is being sought by Carter as the na tion’s top inflation fighter, laugh ingly told reporters at the signing of the deregulation bill Tuesday the scramble for unused routes would be like “a second Oklahoma land rush.” The route rush was only the first sign of increased competition the de regulation measure is designed to produce. Carter, in a jubilant signing ceremony, said it also would fight inflation, promote low fares and njm open the way to the creation of new airlines. of existence after 1984. Airline officials cautioned against expecting major improvements in non-stop service as a result of the competition for unused routes. Al though there are thousands of cities between which airlines have sus pended non-stop service, they said, only a few hundred are financially attractive. i-iicnaro namen, L/Oorom, starch and chem ( CHEMICAL CORPORATION 10 Finderne Avenue Bridgewater, New Jersey 08807 An Equal Opportunity Employer M/F Tickets now available for the wildest, roughest rodeo behind bars. TEXAS PRISON RODEO 5 Sundays in October at The Walls in Huntsville • Bull Riding • Saddle Bronc • Bareback Bronc • Mad Scramble • Wild Horse Race • “Hard Money” Bulls • Cowgirl Events Oct. 29: Freddy Fender Rodeo Midway open at 8:30 a.m. Rodeo Performance at 2 p.m. Oct 1: The Kendalls I Oct. 22: Tammy Wynette Oct. 8: Larry Gatlin I Oct. 29: Freddy Fender Oct 15: Tom T. Hall I ***•*★* ****** ★* ★ ★ * * $4&$5 tickets at TOP TICKET ...or at the gate. Or by telephone (VISA & MasterCharge) Call TOP TICKET (toll free): 1-800-392-3794 TEXAS PRISON RODEO, BOX 99, HUNTSVILLE, TX. 77340 nent saidtl rlv enthusii \ costing at El Pas t San Vsidn head of ll ituralizatii cials are mv about manager Anchor Pe wet," Norr rave n’t ;>t been (® i changer iginally ment ofi •obablyW 1 garden® he hwfe -is said, cl ask fori 5C more ’t imaginf - or it ix worn tl ids. .M. AL eak and 0r Buttei NG ^jneR tter- -iy The new law phases out federal regulatory activities dating back to 1938, including protections against competition and exemptions from antitrust laws. It authorizes airlines to cut fares by up to 50 percent without prior CAB clearance, or to raise fares by up to 5 percent on “competitive” routes. Carter said this would let mil lions of Americans afford to fly for the first time. It allows each airline to pick one new domestic or foreign route with out prior board approval each January for the next three years, and makes it much easier for new airlines to be formed. And it will phase out the CAB in three stages through Jan. 1, 1985, leaving airlines subject only to safety regulations and antitrust laws after that date. First the board will lose all authority over routes after 1982, over fares after 1983, and will go out I I HOUSE OF I I Can Broker any American made car straight from Detroit & save you hundreds, possibly thousands! i i You can probably buy a ’79 model cheaper than what you paid for a ’78! YOUR SUPERMARKET FOR NEW AMERICAN CARS CALL 822-7139 OR 846-2526 J: riHlEAJP CILAjfjf BACKING THE AGS! 1 J JEAN Grow with Texas Eastern Texas Eastern is offering career opportunities to individuals anxious to grow with one of the nation’s leading diversified energy com panies. We are aggressively seeking graduates with the following degrees. Petroleum, Engineering—exploration and production, process engineering, supplemental fuels development. Accounting—corporate forecasts, financial reports, auditing. accounting, taxes. Computer Science—systems engineering, computer systems & programming. MBA—corporate planning. Outstanding pay plus benefits: Insurance plans, stock purchase and retirement plans plus on-the-job training enhanced by professional development programs. If you want to be an individual, not a face in the crowd, we’re your kind of company At Texas Eastern, people are our greatest asset. Contact: Tfcxas Eastern Recruiting P.O.Box 2521 Houston, Texas 77001 ON CAMPUS INTERVIEWING NOVEMBER 1, COMPUTER SCIENCE. CONTACT PLACEMENT OFFICE FOR LOCATION. An Equal Opportunity Employer M/F OCTOBER 25-28; WED.-SAT. Saddleman Boot Jeans (LIMIT 3 PER CUSTOMER) vySiKfe Cowboy Cut, Boot Flare, & Boot Flare No Fault WESTERN WORLD 3808 TEXAS AVE., BRYAN 846-0224 “Everything for the Horse and Horseman” Open 9:00 A.M.-6:00 P.M. Mon.-Sat. VISA mm

Texas A&M Newspaper Collection

Texas A&M Newspaper Collection

The Battalion. (College Station, Tex.) 1893-current, October 26, 1978, Image 5

Are you interested in including a title to our archive?

Follow us!