New York, May 7—On Monday, Senator Kennedy addressed the American Society of Newspaper Editors and said some strenuously unpleasant things about President Carter’s decision not to play King Canute with oil prices. Mr. Kennedy was critical of Mr. Carter at a level that went beyond mere economic analysis. He said that Mr. Carter had allowed himself to be “intimidated” by the “oil lobby”; that a) Carter shouldn’t permit decontrol in the first place, and b) if he did, he ought to tax the whole of the differential.
On Monday afternoon at his press conference, apprised of what Senator Kennedy had said, Mr. Carter snapped back, “That’s a lot of baloney.”
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