Headlines from The Record, Feb. 12, 1975
President Ford has ordered $2 billion in impounded highway funds released to spur 125,000 or more jobs in the construction industry. The funds — distributed on a matching basis that requires states also to contribute — are part of approximately $11.1 billion in highway money appropriated by Congress impounded, since 1966, by Presidents Johnson and Nixon. It was not immediately known how much money New Jersey would get.
Woman wins Tory vote
Margaret Thatcher, an unlikely revolutionary campaigning under a banner of middleclass virtues and homilies, yesterday became the leader of Britain’s Conservative party. She thus represents a dramatic milestone in the long, tumultuous history of British parliamentary politics. She is the first woman leader of a major British party and is poised on a springboard that could make her the nation’s first woman prime minister.
Drilling proposal argued
Four days of public hearings on the Ford Administration’s plan to accelerate offshore oil and gas development opened yesterday with a day-long confrontation between Interior Department officials and leaders of coastal states and environmental groups. Led by New Jersey Gov. [Brendan] Byrne, officials of coastal states and environmentalists charged that the federal government is rushing blindly ahead with an ill-conceived scheme that would give 10 million acres of publicly owned natural resources to the oil companies with little or no regard for the environment or for the interest of the coastal states.