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1562832
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Aviation Act
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1562832
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document
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Aviation Act
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John O. Marsh Files (Ford Administration)
John Marsh's General Subject Files
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Aeronautics, Commercial
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Regulatory reform
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1562832
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1975-11-30
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1975
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1975-10-01
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10
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1975
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The original documents are located in Box 5, folder "Aviation Act" of the John Marsh Files at the Gerald R. Ford Presidential Library. Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Some items in this folder were not digitized because it contains copyrighted materials. Please contact the Gerald R. Ford Presidential Library for access to these materials. Digitized from Box 5 of the John Marsh Files at the Gerald R. Ford Presidential Library COUNCIL OF ECONOMIC ADVISERS WASHINGTON ALAN GREENSPAN, CHAIRMAN PAUL W. MACAVOY BURTON G. MALKIEL October 31, 1975 MEMORANDUM FOR: PHIL BUCHEN Counsel to the President FROM: Paul W. MacAvoy Pane many Three weeks have passed since the Aviation Act of 1975 was announced. Since the announcement, this regulatory reform initiative has received substantial editorial support. The Aviation Act was the lead news story -- and favorably reported -- on both CBS and ABC Evening News on the day of announcement. NBC also gave it full coverage. Editorials from the following publications are attached at Tab A. Baltimore Sun Chicago Tribune Dallas Morning News Denver Post National Journal New York News New York Times Philadelphia Inquirer Rocky Mountain News Washington Post Washington Star You also might be interested in the following items: Coverage by The Economist at Tab B. Wall Street Journal analysis of the stock market effect at Tab C. Perceptive column by George F. Will at Tab D. AMERICAN REVOLUTION 1776-1976 Attachments GERALD 8. FORD THE SUN A12 BALTIMORE, MONDAY, OCTOBER 13, 1975 PAUL A BANKER Managing Editor JRL STERNE. Editorial Page Editor WILLIAM F. SCHMICK JRL. Publisher Food How To Have Better Air Service They don't want to see competition. They like the Chicago Uribune FOUNDED June 10, 1847 STANTON R. Cook, Chairman crid Publisher ROBERT M. HUNT, President and General Manager CLAYTON KIBKPATRICH Editor JOHN MCCUTCHEON. Editorial Page Editor MAXWELL McC30E0N, Managing Editor WILLIAM E. JONES, Managing Editor News. 8 Section t Saturday Oct. 18, 1975 Getting CAB out of the cockpit The government wants to reduce sharp- and would increase ridership nearly 20 The Ballas Morning News The News, oldest business institution in Texas, was established in 1842 ase while Texas was C Republic Editorial Page Dick West, Editorial Director MONDAY, OCTOBER 13, 1975 Airline Fares: Dollars and Common Sense Debate CAB Reform Proposal President Ford has initiated long-anticipated It is by no means a one-sided matter. public debate on federal regulation of the airline President Ford and his advisors in the Trans Regulatory Focus by Louis M. Kohlmeier A Ripe Time for Airline Deregulation 1458 A Washington attorney, well practiced in aviation law will Congress ignore the oppposition, particularly from 10 18 75 and in the politics of airline regulation, summed up in mayors. NATIONAL a word his reaction to President Ford's airline deregula- Fundamentally, however, Ford is arguing that com- JOURNAL C1975 tion proposal: "Baloney." petition will be better for consumers, cities and the air- The attorney, a former Civil Aeronautics Board line industry itself. if not for all existing airlines. Pack- (CAB) official. then added, "I've seen so many reform aged as consumer legislation, deregulation may well be proposals go down the drain. They shake up too much more attractive to mayors as well as to Members of opposition. The airlines, the unions, the mayors, the Congress. banks. All that opposition is still out there and Ford's Time for change: There is, however. a more immediate SUNDAYNEWS 218 E33t 423 St. NEW TORK'S PICTURE NIWSPAPER. (213) MU 2-1234 OCTOBER 12 1975 Published every Sunday by New York Naws Inc., 223 East 421 St., New York X.Y. 10017. W. H. James, President and Publisher: Michael J. O'Neill, Editor and Vico President; VIE Paimer, Secretary, and R. J. Rearbach, Treasurer. Mail subscription rates per year: U.S. Daily and Sunday $79.50 Daily 3553. Sunday $26.00 Armed Forces Special Retern Daily and Sunday 351.57. Daily $36.00 Sundar $17.59 Foreign and short term rates upon recess. Copyright New York News Inc. 1975. The Associated Press is entitled exclusively to THE USA for resublication or all lecal news printed in this paper- All other rights reserved. COME ON, TRY IT The airline industry isn't the least bit happy with the Ford administration's proposal to give it a bracing Life market air. Indeed, the earriers are pro- Rocky MOUNTAIN News Deregulating the airlines SCHEDULED AIR CARRIERS have been criticized as the creature of the reacted with something like panic to industry it is supposed to regulate, and the ndministration proposals to deregulate the been deceased NEW YoRK TIMES - - - - I - - Airline Competition The domestic airline industry has been in a holding nettern CHEE since Cn pared +'= hosic E INQUIRER Airlines reject more freedom For all the ritualistic denunciations Association, speaking for the airline of the "heavy hand" of the Federal industry itself. Government uttered at Chamber of It is not necessary to endorse every - LD WASHINGTON POST Deregulating the Airlines PRESIDENT FORD'S PROPOSAL to reduce sharply has ever gone bankrupt. no matter how badly it was federal regulation of the airline industry is a big step in managed because the CAB has worked out solutions to the rigi t direction. The airlines long 2go outgrew the financial problems by providing new routes or higher tightly knit regulatory system they needed in their in- prices or by approving mergers. fancy. and the time has come to try something else. Mr. It may well be that major changes will occur in the Ford is right in telling Congress that the "something airline industry if Congress adopts a program along the The Washington Star JOE L ALLBRITTON. Publisher JAMESG BELLOWS. Editor SIDNEY EPSTEIN. Managune Editor EDWIN M. YODER JR., Associate Editor MONDAY, OCTOBER 13, 1975 The airlines' curious anguish An unsophisticated mind, one still cherishing airline vice presidents. In fact, the big carriers copybook maxims of a free-enterprise economy, have become right comfortable beneath the might well be puzzled by the howl from the air- blanket of federal control, with its concern for :- -- -- ... of mmenten their health From time to time of course the THE ECONOMIST OCTOBER 18. 1975 AMERICAN SURVEY the door wide to sales and swaps. Perhaps more significant, anv "fit. willing and able" carrier could start up a new scheduled service between any two cities not decody enjoying non- stop Friend also give al: up to Uit ore that 200 small air taxi operators who are bringing irlines airline-type service to small towns and communities that the CAB-Memed A dose of carriers do not deem profitable. The CAB recently allowed them to operate competition 30-seat aircraft without becoming en- meshed in the restrictive CAS regula- it A SPECIAL CORRESPONDENT tions. President Ford would allow them Washington DC in to 55 serve This will narmit the WALL STReeT JOURNAL Ford's Proposal to Sharply Reduce Regulation Of Airlines Has Little Impact on Wall Street By CEARLES J. FIJA the market as long 23 uncertainties neu- '' The Ford administration's legislative tralize the expected improvement in funda. procesal to reduce sharply federal regula- mental business trends. tion of airlines has surprisingly little im- We've felt all along deregulation pact on how Wall Street views the airline moves have to be defined, and they have long. November 12, 1975 MEMORANDUM TO: PAUL MAC AVOY FROM: JACK MARSH Paul, many thanks for your memo on the editorial reaction to the announcement of the Aviation Act of 1975. The reaction was most interesting, indeed. JOM:RAR:cb FORD & OFRALD LIBRARY R Shartown COUNCIL OF ECONOMIC ADVISERS NOV 1 1975 0 WASHINGTON TKS ALAN GREENSPAN, CHAIRMAN PAUL W. MACAVOY BURTON G. MALKIEL October 31, 1975 MEMORANDUM FOR: JACK MARSH Counsellor to the President FROM: Paul W. MacAvoy Pane ma away Three weeks have passed since the Aviation Act of 1975 was announced. Since the announcement, this regulatory reform initiative has received substantial editorial support. The Aviation Act was the lead news story -- and favorably reported -- on both CBS and ABC Evening News on the day of announcement. NBC also gave it full coverage. Editorials from the following publications are attached at Tab A. Baltimore Sun Chicago Tribune Dallas Morning News Denver Post National Journal New York News New York Times Philadelphia Inquirer Rocky Mountain News Washington Post Washington Star You also might be interested in the following items: Coverage by The Economist at Tab B. Wall Street Journal analysis of the stock market effect at Tab C. Perceptive column by George F. Will at Tab D. AMERICAN REVOLUTION WENTENNING Attachments 1776-1976 FORD i QERALD LIBRARY LIBRARY FORD is UTVHIR THE SUN A12 BALTIMORE, MONDAY, OCTOBER 13, 1975 PAUL A. BANKER Managing Editor JRL STERNE Editorial Page Editor WILLIAM F. SCHMICK. JRL Publisher How To Have Better Air Service President Ford's proposal to reduce federal regu They don't want to see competition. They like the lation of airline service is sound and long overdue. A cozy relationship they have long enjoyed with the Chicago Tribune FOUNDED June 10, 1847 STANTON R. Cook, Chairman and Publisher ROBERT M. HUNT, President and General Manager CLAYTON KIBKPATRICK. Editor JOHN McCutcheon, Editorial Page Editor MAXWELL McCRoHoN, Managing Editor WILLIAM H. JONES, Managing Editor News. w 8 Section 1 Saturday, Oct. 18,1975 Getting CAB out of the cockpit The government wants to reduce sharp- and would increase ridership nearly 20 I The Dallas Morning Netus The News, oldest business institution in Texas, was established in 1842 while Texas was a Republic Editorial Page Dick West, Editorial Director MONDAY, OCTOBER 13, 1975 Airline Fares: Dollars and Common Sense THE FORD administration CAB's philosophy is to let the air- Debate CAB Reform Proposal President Ford has Initiated long-anticipated It is by no means a one-sided matter. public debate on federal regulation of the airline President Ford and his advisers in the Trans- industry by proposing reform of the Civil Aeron- portation Department claim that his procosed extire Recerd Regulatory Focus by Louis M. Kohlmeier A Ripe Time for Airline Deregulation 1458 A Washington attorney, well practiced in aviation law will Congress ignore the oppposition, particularly from 10/18/75 and in the politics of airline regulation, summed up in mayors. NATIONAL a word his reaction to President Ford's airline deregula- Fundamentally, however, Ford is arguing that com- JOURNAL ©1975 tion proposal: "Baloney!" petition will be better for consumers, cities and the air- The attorney, a former Civil Aeronautics Board line industry itself, if not for all existing airlines. Pack- (CAB) official, then added, "I've seen so many reform aged as consumer legislation, deregulation may well be proposals go down the drain. They shake up too much more attractive to mayors as well as to Members of The cirlines the unions the Com SUNDAYNEWS 228 East 42d SL NEW YORK'S PICTURE MEWSPAPER. (212) MU 2-123 OCTOBER 12, 1975 Published every Sunday by New York News Inc., 220 East 42d St., New. York, N.Y. 10017. W. H. James, President and Publisher: Michael J. O'Neill, Editor and Vico President; V.E Paimer, Secretary, and R. J. Rohrbach, Treasurer. Mail subscription rates per year: U.S. Daily and Sunday $79.50. Daily 553.50, Sunday $25.00 Armed Forces Special Rates: Daily and Sunday $52.50. Daily $36.00. Sunday $17.50. Foreign and short term rates upon request. Copyright New York News Inc. 1975. The Associated Press is entitled exclusively to rae USA. for republication of all local news printed in this paper. All other rights reserved. COME ON, TRY IT The airline industry isn't the least bit happy with the Ford administration's proposal to give it a bracing Indeed the earriers are pro- Rocky MOUNTAIN News Deregulating the airlines SCHEDULED AIR CARRIERS have been criticized as the creature of the reacted with something like panic to industry it is supposed to regulate, and the administration proposals to deregulate the criticism has often been deserved. Con- airlines, and Congress is almost as hostile to the idea gress, of course, has been a. willing party in all this is surprising, given the NEW YORK TIMES - - - - Airline Competition The domestic airline industry has been in a holding pattern ever since Congress passed the basic aviation law in 1938. The Civil Aeronautics Board has never allowed a new "trunk" carrier to enter the business The PHILADELPHIA INQUIRER Airlines reject more freedom For all the ritualistic denunciations Association, speaking for the airline of the "heavy hand" of the Federal industry itself. WASHINgTON POST Deregulating the Airlines PRESIDENT FORD'S PROPOSAL to reduce sharply has ever gone bankrupt. no matter how badly it was federal regulation of the airline industry is a big step in managed because the CAB has worked out solutions to the right direction. The airlines long ago outgrew the financial problems by providing new routes or higher tightly-knit regulatory svstem they needed in their in- prices or by approving mergers. fancy. and the time has come to try something else. Mr. It may well be that major changes will occur in the 2 prodram along the The Washington Star JOE L ALLBRITTON. Publisher JAMES G. BELLOWS, Editor SIDNEY EPSTEIN. Managing Editor EDWIN M. YODER JR., Associate Editor MONDAY, OCTOBER 13, 1975 The airlines' curious anguish An unsophisticated mind, one still cherishing airline vice presidents. In fact, the big carriers copybook maxims of a free-enterprise economy, have become right comfortable beneath the might well be puzzled by the howl from the air- blanket of federal control, with its concern for lines at the specter of greater competition their health From time to time. of course. the LIBRARY FORD ; THE ECONOMIST OCTOBER 18. 1975 AMERICAN SURVEY the door wide to sales and swaps. Perhaps more significant, any "fit. willing and able" carrier could start up a new scheduled service between any two cities not already enjoying non- stop service. President Ford would also give a leg up to the more than 200 small air taxi operators who are bringing Airlines airline-type service to small towns and communities that the CAB-licensed A dose of carriers do not deem profitable. The CAB recently allowed them to operate. competition 30-seat aircraft without becoming en- meshed in the restrictive CAB regula- FROMA SPECIAL CORRESPONDENT tions. President Ford would allow them Washington DC up to 55 seats. This will permit the The question about President Ford's smaller carriers to use more efficient and proposals to reform the Civil Aero- more comfortable turbo-prop aircraft. nautics Board. sent to Congress on The bill also seeks to bring about a October Sta. is not whether they are limited deregulation of fares and rares LIBRARY FORD is 03220 WALL STReeT JOURNAL Ford's Proposal to Sharply Reduce Regulation Of Airlines Has Little Impact on Wall Street By CHARLES J. ELIA the market as long 23 uncertainties neu- The Ford administration's legislative tralize the expected improvement in funda- procosal to reduce sharply federal regula- mental business trends. tion of airlines has surprisingly little im We've felt all along deregulation pact on how Wall Street views the airline moves have to be defined, and they have stocks It changes very little the posture of been now to some extent, and that the fuel a aiysts, whether they were bulls or bears cost situation has to be clarified. and it GERALD FORD P LIBRARY George F. Will WASHINGTON POST Preserving 'Commercial Feudalism' in the Airlines On Eastern Airlines flight 554 from of the state of Oregon, a beaver rampant Houston the other evening, a stewardess, on a field of blue. of today's regulated political economy. (five-United, American, TWA, Eastern, I am not casily surprised, least of all by The flag is, I think, a fair sample of what Delta-have about 70 per cent of domestic smiling to take the sting from what any passes for competition in a thoroughly business). This protects the industry from