THE FEDERAL GOVERNMENT said in Washing-
(on it has spent nearly $2 million improving President
Richard Nixon's hames in Florida and California for
security purposes. The White Flouse disclosed that
businessman Robert H. Abplanalp, who helped the
President buy his San Clemente, if. retreat, has
been getting some money bavk in the form of rent asso-
ciated with Nixon's Key Biscayne, Fla., place.

 

 

A5.5 PER CENT increase in 1974 payments to all 28
million Social Security recipients is considered certain
to pass the Senale and is likely to confront President
Richard Nixan next week. Its approval by the House
would test Nixon's post-Watergate mood of accommo-
dation with Cangress, signaled this week when he
signed three bills he originially had opposed.

THE U.S. SUPREME COURT Thursday slapped
down activily by roving border patrols arbitrarily
stopping and searching cars near the United States
border — even if they do find large amounts of mari-
juana. The court overturned the conviction of an indi-
gent Mexican who was arrested when federal officers
stopped and searched his car, without su
25 miles north of the Mexican border in California and
found 161 pounds of marijuana.

  

THE HOUSE APPROPRIATIONS Committee, ap-
parently unshaken by the upheaval within the FI,
voted today (o allow the full administration budget re-
quest of $366.5 million to operate the agency in the 1974
fiscal ycar thal starts July 1

ANUMBER OF East Coast Banks Thursday boosted
their prime interest rate from seven and one-half to
seven and three-fourths per cent, following the lead of
the First National Bank of Chicago, which made the
move earlier in the week. The prime rate is the interest
charged by a bank to its top corporate buyers.
 
et RT EOE eS

LOS ANGELES, AUE. 28,—Kdw ard
L. Doheny and directors of the Pan
American Petroleum and Transport
Company, today faced a bill of core-
plaint demanding an accounting of
$10,000,000 stockholders allege they
lost in the fraudulent lease of the
Elks Hills naval oil reserve.

The complaint, fied in behalf of
Frank H. Kinkel, Cincinnati, and
other stockholders, declares the
loss resulted from the cancollation
of the lease by a decision of the
United States supreme court after
the ‘company had spent several mil-
lion dollars in the development of
the field..

The $100,000 deliveted to Fall by
E. L. Dohney, jr., in the much dis-
cussed “Little black satchel” was
declared in the suit to have been
given by the stockholders and used
as:‘a bribe.

Kinkel ip the complaint describes
Dohney’s conduct of the deal as a
“fraud not only-against the United
States but also against the Pan
American company and its stock-
h@iders.”

The complaint further declares
that Dohney has disposed of his
controlling interest in the cowgpany
to the Pan American Eastern Pe-
troleum Company which is alleged
to be controlled now by the Stand-
ard Of] Company of Indian2.

_ The suit demands that ‘Dohney

personally be compelled to reim-
burse. the stockholders for the at-
leged losses.
_ Dohney refused to comment on
the complaint, declaring he woule
Submit it to his attorrfeys before
making. any announcement.
 