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Show TT -- 4i 4hmi ' Hill 1 SCOTT REPOST FALLOUT FROM THREE MILE ISLAND - e, It notes that in the intermediate term (now through the the result could be the loss of millions of jobs, and billions of dollars in wages due to an inability to supply the electricity required to run our industries. Under the worst possible scenario, which assumes a total nuclear moratorium, including a shutdown of existing plants and no new one built, the study predicts a job shortage of more than 3 million in 1980 and 7 million in 1983 or enough to cause a major depression in the U.S. The vital importance of U.S." nuclear power to this countrys energy needs is highlighted by the Energy Department in another way. A total shutdown of the industry would create an energy crisis in the U.S. far greater than the 1967 oil embargo. U.S. nuclear power, including all plants in operation, under mid-1980- 's) construction and planned, amounts to five million barrels of oil a day or the entire producIran. tion of THE CRISIS economic-politic- al - DEVELOPING While this incipient nuclear crisis is not fully evident, some manifestations of. it had even begun to appear before the Three Mile Island accident shook the nation. nuclear-fire- d for Orders power generation units are at a virtual standstill as many companies await the outcome of the debate over the nuclear option. In California, for example, a nuclear moratorium on new plants has been in effect for several months. When Governor Jerry Brown signed the legislation prohibiting construction of nuclear the facilities until such time as the. federal had government DAN MARRIOTT CARTER'S ENERGY SOLUTION determined that there was a demonstrated method of disposing nuclear wastes, he of high-lev- el virtually stopped the construction of nuclear-fire- d plants in that state for the foreseeable future. Since the Three Mile Island accident, 'Governor Brown has groups to joined with seek the shutdown of the Ranch Seco nuclear plant, which is similar to the Middletown, PA plant. Work on another major nuclear power plant in New York was halted by that state, THE LONE VOICE Cedar City, UT Likening President Carter to a blind cowboy shooting energy-solvin- g bullets all over the place hoping to hit the target, Congressman Dan Marriott (R-Uapplauded the President for hitting one of those targets. In a Cedar City town meeting Marriott said he was glad to see the President propose an oil price decontrol, plan and emphasize new production in his energy speech. Im glad to see the President advocating decontrol. Hes two years behind, but Im pleased he has finally come around to the plan I supported in 1977, said the Utahn. In outlining his own energy independence plan, Marriott said he has always advocated decontrol of oil prices and increased production. The President is two years behind, but Im glad hes finally coming around to the right solution decontrol and' increased production.- anti-nucle- ar Secretary Energy James Carter administration official to publicly defend the continued development of nuclear energy and its vital role in meeting the nations energy needs. . In private discussions at the White House, Schlesinger also has prodded other government officials to speak out. His warning: If the Carter administration doesn't take the lead in explaining both the benefits and risks of nuclear power to the people, antinuclear groups and their sup--' porters in Congress will rally public support for a moratorium against nuclear power which could lead to an economic disaster in the country. It was Schlesinger who convinced President Carter and his wife to visit the Three Mile Island power plant during the height of the nuclear crisis there to show that there was little risk to the public. Before agreeing to the visit, the President was briefed on a worse case meltdown scenario at the Three Mile Island plant run on computers. It gave federal officials confidence that such a development would cause no direct loss of life to residents or long-terenvironmental effects despite all the scare stoiies and statements. WATCHING GOVERNOR BROWN Further Presidential assurances, urged by Schlesinger, have been temporarily sidetracked by the Presidents own political advisers on the grounds that the timing is wrong. These advisers are concerned that the Three Mile Island accident has pumped new life into the antinuclear lobby groups and could bring a major split within the Democratic party if not handled high-lev- el . m with care. Until now, the movement and its leading political advocates. Governor Brown and Senator ), had George McGovern made little headway in making nuclear power a major political issue. All this was changed by the accident at Three Mile Island. Still unresolved is how the former naval nuclear engineer from Georgia will handle this nuclear chain reaction. (D-SD- . T) Schlesinger so far has been the only ' , tif Viflr'T-',-- 1 i -' J ' - Im especially pleased with his emphasis on coal and oil shale production; which , will :have a significant positive effect on Utah, he added. Marriott noted that Utah, Colorado, and Wyoming hold the greatest Coal and oil shale deposits in .the U.S. and would play a vast role in creating new . LIBERTY energy for the country. Marriott applauded Carters. to speed up commitment exploration and development of energy supplies on federal lands. We can and must develop our eneigy resources without the detrimental effect on the environment some people fear. The President obsiously recognizes that, and I plan to hold him to it as Congress takes up this new adhe ministration approach, He said the House observed. Interior Energy and Environment Subcommittee, of which he is a member, will take up the Presidents plan. Paul Scott Washington: The potential economic and political fallout from the accident at the Three Mile Island nuclear plant is causing a lot more concern at the White House than the small amount of radiation it spread across the Pennsylvania countryside. Most disturbing to the President and his energy advisers is the growing possibility that the accident, and the catastrophic way its dangers to the public were reported, will create public pressure for a complete shutdown of the nations nuclear power industry. Not generally realized is the economic disaster a moratorium on nuclear power would cause in the U.S. In the immediate short- range, the forecast is for brownouts and rationing of electricity in regions where the 72 nuclear plans are currently operating. In the long-rangthere could be large-sca- le shutdown of industry and massive increases of . unemployment. These dire results are in- -' dicated in a study titled Energy Perspectives and prepared by the prestigious Heritage Foundation. Now being carefully examined at the White House .and by key members of Cognress, the study warns that the economic result of a moratorium on nuclear power development would be disastrous. mil-.- Stand The Paper That Daiee To Take A Page 8 The Utah Independent April 19, 1979 By rf Marriott did, WASHINGTON (Liberty Lobby News Service) The Washington "Post recently reported that Israeli Defense Minister Ezer Weisman was beaming when he emerged from negotiations with Pentagon officials earlier. Assigned to set the terms for Amern ican military aid under the Weispeace proposals, man walked away with S3 billion of ours. 1 suppose Id be smiling, too. We have often mentioned the estimated $4 billion cost of the Panama Canal payaway to the American taxpayer. Now another treaty, that between Israel and Egypt, threatens to take the U.S. for S5 billion more. n Though the terms of the accords are enforceable only against those two nations, you as a taxpayer are nonetheless intimately involved. Your president, Jimmy Carter, is a signatory. And the official text of the document is in English. And finally, you, the American taxpayer, will underwrite the entire package to the tune of S5 billion in the short run, and potentially much, much more in the long run. . Of the $5 billion cost, S2 billion is slated for military and economic aid to Egypt. The remaining S3 billion will foot the bill for the Israeli withdrawal franm the Sinai, the construction of a new highway and two air bases in Israels Negev Desert and general military and economic aid to the government of Menachem Begin. The SPOTLIGHT has pointed out that SS billion would be enough money to run the city of Atlanta for more than 20 years; Geveland for almost 14 years; Denver, 12.5 years; Baltimore, Philadelphia and Chicago for about 4 years and Los Angeles for nearly 3 years. And SS billion would even last New York Gty about four months! If Utah were given SS billion, its citizens wouldnt have to pay state taxes for 50 years. As might be expected, Republican liberals Howard Baker (Tenn.) and Jacob Javits (N.Y.) were among the first to proclairh the pact a SS billion bargain. But a growing number of conservatives and liberals in Congress are looking skeptically toward any purchased peace. a Rep. Ron Paul staunch conservative, has publicly n denounced the price of the accords, saying, "Any treaty contracted on r American currency is sure to depreciate just like our paper dollars. Pauls point is that a lasting peace cannot be bought, but can only occur in an atmosphere of true mutual trust and genuine understanding between the parties involved. Israeli-Egyptia- however, express reservations about the windfall profits tax on oil com111 have to take a closer panies. look at it before passing , final judgment, he said, but we have to remember that the oil companies are still the only ones who can find and develop oil and other energy deposits. We cant just take away their exploration funds and expect them to ; continue to increase production. We need to leave them with some incentive to produce more energy." Besides decontrol of oil prices, Marriott said the other elements of his seven-poienergy plan are: 1. Get an accurate inventory of our domestic energy resources. 2. Build up a two-yeemergency supply of oil. 3. Increase coal production even beyond President Carters goal. (Current production: 12 billion tons year; Carters goal: 1 billion tons year; Marriotts goal: M2 billion tonsyear.) . 4. Speed development of technology for conversion of oil shale and tar sands. 3. better Develop for energy. transportation systems 6. Increase nuclear safety and development. Israeli-Egyptia- nt ar . . 8m8sgsmm8sm8a8a88883s3im HOW BAD IS INFLATION Continued from page 2 . that point, even a doubling of wages would have meant little to the workers. When workers discover that the labor leaders have led them down the road to ruin with this false hope, they will make short shrift of these men who have betrayed them. George Meany and his associates may rub their hands in glee at a huge wage increase which they call social gains but when the day of reckoning arrives, and the people discover that they have been dispossessed of their property by following this they will rise in wrath against the politicians and labor leaders who have deceived them. In the long run, the standard of living is never increased by an advance in ones wage scale. It can be improved only by greater production. This usually occurs when the value of the dollar remains stable. Deficit spending and increasing the quantity of money, are cruel deceptions that postpone but make far more disastrous the day of reckoning when it finally arrives. Our country is now following the familiar historical pattern of trying to have more than we produce by increasing the quantity of money. Almost every country in the world has done it, and many of them several times. What makes us think we can escape the penalty? Our only hope is to stop spending more than we produce, balance the budget, and stop increasing the quantity of money. will-o-the-wi- l- $5 Billion Down the Drain -- . LINES-ff- (R-Tex- .), - Israeli-Egyptia- sp, . liberal stalwart Sen. , Even William Proxmire has disavowed the publicly pact as too costly. However, we American consumers may be the ultimate (D-Wi- losers. To guarantee the Mideast peace pact, the U.S. has agreed to fulfill Israel's oil needs for the next IS years. This could be a considerable amount, since the countrys two principal oil suppliers Iran and the Sinai will now be cut off. The drain on our oil reserve will, of course, further increase the cost of gasoline here at home. Well, we still have a Congress to vote on this latest ripoff of the taxpayers. If you dont like it, let your congressman know. . NORTHWOOD INSTITUTE Economics Department LHty Uy!Etjrt?S30,"300 dam A ., 8.E., WaaUaftaa, D.C. SOON I , . |