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A Cashless Society

March 11, 1974
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Washington–Stuart Speiser is a New York aviation lawyer who wants to abolish paper money. He believes that a cashless society would dramatically reduce much crime and corruption or at least make it easily detectable by law enforcement agencies. Coins and tokens would remain in circulation. A payment card system, keyed to bank accounts, would replace…

Coping With Consumer Shortage

March 4, 1974
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WASHINGTON–In the midst of an economy plagued by monopolies, cartels, zooming prices and shortages, no one in Washington is asking what will happen if there starts to be a consumer shortage. They say it can’t happen here, not in the good old USA. Why American consumers will keep buying and buying lust to relieve their…

Deflating the Airbag

February 25, 1974
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WASHINGTON—Former Secretary of Transportation, John Volpe, was fighting back tears when he told some of his associates in late 1972 that Mr. Nixon wanted him to leave. One of the reasons for his unanticipated exit was his strong support of the air bag and experimental safety vehicle programs in the auto safety agency. Volpe’s stand…

Breaking the Energy Monopolies

February 24, 1974
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WASHINGTON–Among the flurry of legislative proposals in Congress on the energy problem, one stands out as a constructive and lasting solution to the monopolistic grip that the giant oil companies have on the nation, small businesses and consumers. S. 2506 and H.R. 11648 are bills filed by Senator Adlai Stevenson and Cong. John Moss to…

The Nuclear Energy Risk

February 18, 1974
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WASHINGTON–Charles F. Luce must be a troubled man. As Chairman of Consolidated Edison, the giant New York City utility, he is known to be a more sensitive executive than most of his industry counterparts. Now a major challenge to his sensitivity arises over the question whether his company, hitherto cautious on nuclear power, should go…

The Medical Brain Drain

February 11, 1974
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WASHINGTON–On June 4, 1973, Caspar Weinberger, Secretary of Health, Education and Welfare, was angry over a report on foreign medical graduates and American medicine. First, he didn’t like the conclusions of the study by Dr. Rosemary Stevens of Yale University made under a contract with his Department. Second, he wanted his subordinates to understand that…

Fighting Back

January 28, 1974
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WASHINGTON–If it all sounds bizarre, it nevertheless is happening up and down big business. Consider the following: Gas and electric utilities who for a number of months were telling customers to conserve gas and electricity are now demanding higher rates because customers responded and reduced demand. These utilities have consumers coming and going because it…

Less Talk, More Action on the Energy Crisis

January 21, 1974
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WASHINGTON–Now that the people are accurately telling members of Congress that the present energy shortage was orchestrated by the oil industry and condoned by the big businessmen running the government, what will Congress do about it? Here is a suggested program which Senators and Representatives could support that would go a long way toward providing…

The Compliant Consumer

January 14, 1974
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WASHINGTON–Officials of the giant New York Telephone Company are dumbfounded. They obtained a 15 percent increase in home telephone rates early last mont but the expected avalanche of consumer complaints never materialized. They had expected this torrent of outrage because when the rate increase was proposed in late 1972 there were, as for previous rate…

Simple Simon?

January 7, 1974
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WASHINGTON–Picture the scene: Harsh arguments and fights are breaking out at congested gas stations and between shivering tenants and landlords around the country. Workers are losing their jobs. Small businesses, including the independent gas stations who provide about the only retail competition to the big companies, are being severely squeezed or put out of business.…