News stories from Sunday August 31, 1975

Summaries of the stories the major media outlets considered to be of particular importance on this date:

The leaders of five labor unions criticized the Ford administration's economic policies and proposed such recession remedies as the creation of public works jobs for the unemployed, a permanent cut in personal income taxes and subsidies for home mortgages. I.W. Abel, president of the United Steel-workers, said the "administration shows no inclination of taking constructive steps." In another television interview, Labor Secretary John Dunlop said that personal income tax and business tax cuts next year would be "appropriate." [New York Times] Federal controls on all oil prices end at midnight tonight, leaving the economy wholly without federal price ceilings for the first time in four years. Energy officials do not believe it is likely that there will be large prices increases for gasoline and fuel oil. They are expecting a compromise plan for a revival of oil price controls, coupled with their subsequent phase-out, that may be worked out between President Ford and congressional leaders. The compromise was proposed after Mr. Ford said that he would veto a bill extending the oil price controls that was passed in July. [New York Times] With the end of price stabilization of gasoline, a check of the prices being charged in 103 service stations in the New York metropolitan area found the greatest disparity in prices ever known in the industry, amounting in extreme cases to differences of 16 and 20 cents for the same brand and grade of fuel. Around the country there is a similar spread, amounting to 6 and 7 cents a gallon, where formerly the difference was only 2 and 3 cents. [New York Times] The problems of school desegregation, which have centered primarily in the South since the Supreme Court's landmark Brown decision in 1954, have apparently shifted significantly to the North, the border states and Texas. Wider new desegregation activity in Louisville, Ky.; Stockton, Calif., and other moderate-size school districts, as well as imminent plans in major cities, such as Indianapolis and Detroit, emphasize the change. [New York Times] The Lockheed Aircraft Corporation, which has acknowledged paying at least $22 million to foreign government officials and political parties, has told the Securities and Exchange Commission that it sought to give an expensive boat to one of its customers as a ''sales concession." The story concerning the boat appears in a three-page addendum to an original Lockheed report to the S.E.C. about its foreign payments. The addendum describes the sources and uses of a slush fund -- established outside a company's normal accounting controls so that it can dispensed from secretly -- and discloses that some of the slush fund money was brought to the United States from abroad. [New York Times] New York City will soon start an intensive assault on pornography and prostitution, particularly in midtown, coordinating business interests, community groups and the police. The cleanup has been given top priority following the selection of Madison Square Garden as the site of next year's Democratic presidential convention. [New York Times] Secretary of State Kissinger and Israeli leaders worked well past midnight to complete the Sinai agreement with Egypt and to prepare for formal acceptance of the accord tomorrow by both Egypt and Israel. Israeli officials said that the Americans and Israelis had agreed to seek completion of four documents that make up the total agreement. [New York Times]