October 25, 1975

Sources say that despite recent statements to contrary by FBI Dir Clarence M Kelley, FBI has maintained intact ‘security index’ of most of 15,000 names of individuals once targeted for detention in declared natl emergency; sources say index was discovered only within last several days; says FBI has for mos been attempting to reconstruct much of its history and previous operations at request of Cong coms; Repr R W Kastenmeier indicates his subcom on civil and const rights will renew its request to Justice Dept for all 15,000 names; says his intention is not to make names public but to determine ‘criteria’ employed by FBI in '40s and '50s in singling out US residents for arrest and detention in an emergency situation; documents made public on Oct 22 revd (M)

Several US Sen Banking Com members say that com chmn William Proxmire probably has bare minimum of votes to bring to Sen floor bill that would save NYC from default; Proxmire is unable to avert postponement of com action until next wk; comments by Proxmire and com members Robert W Packwood, Adlai E Stevenson 3d, Edward W Brooke, Robert Morgan and Edwin J Garn (M)

White House press sec Ron Nessen says Pros Ford is convinced that Amer people want bigger tax cut than $12.7-billion cut approved by HR Ways and Means Com on Oct 23; at news briefing, says Ford is confident Amer people will let Cong know they want bigger tax cut; White House appears determined to make pol capital out of tax-cut debate; Nessen says Dem majority in com voted against bigger cuts, such as $28-billion asked for by Ford; says Ford would veto tax cut not accompanied by spending cut, but says Ford does not dispute procedural decision in Ways and Means Com that it lacks jurisdiction over Govt spending levels; refuses to say whether Ford would accept smaller tax cut if accompanied by comparable spending cut (M)

The stock market dropped sharply yesterday amid growing concern that the Federal Government would not rescue New York City from default. The Dow‐Jones industrial average declined 14.64 to 840.52, relinquishing more than half the gain it made in advancing from Monday through Thursday.

Cath theologians in Rome have begun to debate publicly moral issues surrounding Karen Quinlan case; Rev Gino Concetti, in Vatican newspaper L'Osservatore Romano, maintains that intrinsic right to life of any human being must be guarded by others to ‘maximum possibility’; Rev Domenico Grasso, Jesuit prof at Pontifical Gregorian Univ, argues in La Stampa that no one has moral responsibility to prolong life of a person for whom there is no hope of recovery and that in such cases nature should be allowed to take its course (M)