December 13, 1976

Aides to Pres‐elect Carter fear tight security may cause him to lose touch with public that he cultivated during campaign; Carter apptmts sec Greg Schneiders and Southern Ry Co chmn W Graham Clayton Jr comment; Carter illus (M)

Survey of high rate of joblessness among Eur youth; jobless rate for people under 25 has doubled since ‘73 and now accounts for 1 of 3 of total 5‐million unemployed; illus; chart compares jobless rates of youths in GB, Belgium, France, US, Netherlands, W Ger and Italy with overall rates (L)

Temporary Comm on City Finances, apptd by Mayor Beame, proposes large cuts in NYC taxes on mfrs to halt econ erosion that has resulted in loss of 500,000 factory jobs since ‘50; says its proposed cuts in taxes on business income, sales, commercial rents, and other measures would reduce revenues by $90‐million in 1st 2 yrs, but would generate enough new business activity and jobs to offset revenue loss and create new revenues by end of 3d yr; comm chmn ex‐Justice Owen McGivern comments; Beame declines comment on recommendations; says he will make tax proposals of his own in econ development plan that has been in preparation since Jan; comm rept cites results of study made in ‘74 by NYC Budget Bur; findings and proposals outlined (L)

article on uncertainty facing oil consumers as OPEC nations prepare to meet to raise oil prices; speculates on price hikes; Lebanese consultant Pierre Shammas and Internatl Energy Agency dir Ulf Lantzke comment; summary of positions expected to be taken by Saudi Arabia, Iran, Algeria, Iraq, Venezuela and Libya at Doha conf; chart compares oil production of OPEC countries in ‘74, ‘75 and through Oct ‘76 (M)

Mayor Beame pledges there will be no increase in NYC real estate taxes for 5 yrs in order to strengthen city's overall econ and attractiveness as place to live and do business, int on WABC‐TV program, Eyewitness Conf; declines to say how tax increases can be averted (M)