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INTERNATIONAL 



tribune. 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


Paris, Saturday-Sunday, August 27-28, 1994 


No. 34,678 




r — **. : j 




‘ • / I*« 

: 


v ° 


U.S. Tightens Sanctions 


- : \ * a 




Rough Seas Discourage Raft Refugees 
And Give Clinton Respite From Crisis 

■ . By SteveD Greenhouse to Cuba in case of emergencies like tenni- •* 

Nto'Ytrt'Tima Sen*x r . . • nal Alness. 

WASHINGTON- i— Thanks to stormy . The niles also bar Americans or aliens in 
weather and high waves that discouraged ' the .United States from sending money to ■..!!. ■ 

Cubans from setting to sea, the : Clinton - -Cuba, unless they can demonstrate that it . / 

admimst ration got ‘some relief- Friday in :i? for an emergency, like providing money j/'-i - £'?*«£ . 

■the refugee crias; r but it met heavy criti- so an elderly cousin can buy medicine. 

cistii from Congress for tightening sane- -j In tbe best news for the administration 'iy ; . gsaS 

lions and refusingto hold broad talks with since a torrent of refugees began pouring 

President Fidel Castro.- ,. > . toward Florida early this month, the Coast 4 * : 

Members of the Senate Foreign Rela- : Guard picked up just 17 Cubans Friday i> / : 2 & 

.lions Committee criticized the administra- morning in the Straits of Florida, ■' >J ' ^ 

tion*s harsher policy tpwardCuba, warn- . After meeting late Thursday with State - w 

ing. T thai itwould backfire and produce a Department and National Security Coun- K" vT‘ . T 
'greater flow bfYbfugeeS; ' * - dl officials to discuss Cuba policy, several - 1 

. Those cfiticismscame as the adm.imstra-. . members of the Senate Foreign Relations - 

don annouiued details dfiis hew {iolicy to Committee attacked the administration’s -Jj 

slitsh ‘die flow of -dollars and -of American ■ policy^ 

travelers going to Cuba. The regulations "The president's policy goes in the ; 

airo-tosqueeze the Castro regime by cut- wrong direction.” Claiborne Pell, the I;' 
ting off the flow of more than SlOOmfllion • Rhode Island Democrat who is the com- :• .A 
going from the United States to Cuba each, mittee’s chairman, said in an interview. 
year. “*We should reduce the embargo, because 

. “The Cuban government wifl K) longer then Cubans will have less incentive to dSgjflp|i|ftd 
have access to these U-S. dollars, which leave and come to Florida. By increasing 
have so long helped to sustain the Castro the embargo, it’s increasing the number 
regime,” said R. Richard Newcomb, direo- who want to escape their regime.” 












if*'. 





x V V 

Mp- 


tor of the Treasury Department's Office of : He also criticized the administration for 
Foreign Assets Control. 1 , . ; . Reeling Mr. Castro's call to hold wide- 

Under the regulations reieased Friday ranging, high-level talks to defuse the cri- 
by the Treasury. Cuban-Americans, who.. ***■■• 
can now travel freely tb yisit family mem- - A 8T ou P of former go 
herein Cuba, would only be allowed to go . . See CUBA, P 


■ 


: ^i'V- 


up of former government officials 

See CUBA, Page 4 






A young Cuban refugee is held by a friend following rescue by the U.S. Coast Guard after three days at sea. 


Gore Denies U. S. Is Seeking to Impose World Abortion Right 


. By BoyceHensberger 

. WaMqfm Pm Strike ■ - • .' 

WASHINGTON =-r- The United Slates 
wants to modify the plan, of action to be 
debated at the world population confcr- 
cncc in Cairo nextmonth to refute “outra- 
geous allegations? 4hat the document at- 
tempts^ to establish a waridwide right to 
abortkm. Vice President A1 Gore said. 

“TTic United States has not sought, does 
not seek and wiD not seek an iriternationfll 


right to abortion,’* Mr. Gore said emphati- 
cally in a news conference Thursday at the 
National Press Club. 

■ Various religious and political groups 

Some countries hi Africa ve making progress 






By Andrew Pollack 

. _ w Nrm York Tima Strdcc . 

TOYOTA OTY; Japan r- Aspan of its 
quality testing,; Toyota Motor Corp. used 
to require that sunroofs bn its automobiles 
be opened and closed 1,500 times in a 
romti cooled to 39 decrees below zero 
centigrade. 

Then it occurred to the company that .: 
few people opened iheir steroofs even 
once when h was that bold outside. 


Kiosk 





• - • Bernard Braoh Thc 

BREAKING POINT — John McEwan of Scotland breaking his right 
anil in the we^ht-Sftiitg event at the Commonwealth Games. Page 19. 

Plrogress Reported on IRA Talks 


BELFAST (Reiters) — Members trf 
as Irish- American peace delegation 
said talks they hdd on Friday with the- 
IRA’s political wing, Sinn Fan, would 
advance the cause of peace in Northern 
Ireland “in a very constructive direc- 
tion,** 

- “We hope that the input that we have 
given will move that process forward,” 
said the delegation leader, Bruce Morri- 
son. “We believe that it will and we are 
vay encouraged by what we beard here 
today that the process is moving in a 
very constructive direction.” 


Newsstand Prices 

Andorra .... .9.00 FF Luxembourg 60 L Fr 

Antilles.. ...11^) FF /Vtorocco. ....... 12 Oh 

Cameroon.. 1JD0CF A Qatar — ..8.00 Rials 

Egypt. E.P. 5000 Reunion -,.1L2& FF 

France .9.00 FF Saudi Arabia ..9.00 R. 

Gabon... ... .960 CFA Senegal. ....960 CFA 

Greece... .....300 Dr. Spain .....J00 PTAS 

Italy ............JW00 Lire Tunisia ....l.OOODin 

IvorvCoast .t.\20CFA Turkey ..T.L. 35,000 

Jordan U.A.E SJDDirh 

Lebanon ...USS U.S. Mil. (EurJSl.lD 


Up and 
Coming 

/In occasional series about V 
the names i n tomorrow’s headlines. 

In a nation where economists fit tire 
description of eminences grises, Mi- 
chad Kdhne is anything bat —at least, 
not yet A profile, in Monday’s Trib. 

Books Pag* 4 - 

Crossword * >a S e 

Weather Page20. 


™ ; ' Up 

;k si .16 

A/ 3881.05 

The Dollar 

HwwYoiX. 

DM 

J . Pound 

I van 

I FF. 


W Down ^ 
■J 0.39% f 
* 116.81 .%> 


FfL Glow 

1^745 

1.531 

100.45 

5.392 


they fear it will lead to abortion services 
becoming more widely available around 
the world. As Mr. Gore noted, 173 coun- 
tries already permit abortion under at least 
limited circumstances. 

The vice president said the proposed 
alterations to the plan's language rep re- 


hays waged an increasingly vociferous 
campaign against the meeting, which is 
sponsored by the United Nations, because 


toward compromise. The draft plan of 
action, which would not be binding in any 
case, already said, “Women should have 
ready access to quality health-care ser- 
vices that include reliable information, 
counseling and medical care to enable 
them to terminate pregnancies in those 
cases where it is allowed by law. if they so 
decide." 


have long contended that the CtintOD ad- 
ministrauon was trying to push the Cairo 
document toward a more aggressive posi- 
tion on abortion. 

Some, for example, cite a cable that the 
State Department sent to its ambassadors 
in March saying: “The United States be- 
lieves that access to safe, legal, and volun- 


. To cut costs, the required testing has 
been reduced to 506 times at a temperature 
of only 20 degrees below zero. 

The modification might seem trivial, but 
it is part of a broader change of mind-set 
that is sweeping through Japan’s largest 
car company and through the rest of the 
nation’s auto industry. 

After years of bidding fancier and more 
expensive cars, Japanese automakers are 
. bemg forced to move bade toward less 
expensive vehicles with fewer frills and less 


ber of the Vatican’s delegation to the Despite the plan’s recognition that abor- 

Cairo conference, interpreted it as a move tion laws differ among countries, critics See GORE, Page 5 

Their Basics Was Pilot’s Life Rosy or Not? 

obsessive attention to detail, a shift that Doubts Raised on Suicide Finding in Air Crash 


obsessive attention to detail, a shift that 
they contend will not compromise basic 
quality or reliability. 

“With excessive standards, we designed 
overengineered cars,” said Akihiro Wada, 
a senior managing director at Toyota. A 
few years ago, he said, “wc had a philoso- 
phy that as long as we made good-quality 
vehicles, no matter how expensive they 
were, people would be satisfied.” 

Now, however, the first expression out 
of a Japanese auto executive's mouth is 
likely to be “value for money.” In a sense, 
Japan’s automobile companies, which first 
made their mark with low-priced but reli- 
able vehicles, are returning to their roots. 

The new philosophy has found its ex- 
pression in a series of relatively inexpen- 
sive vehicles that have been introduced in 
Japan in the last few months. 

Toyota’s new small sport-utiHty vehicle, 
known as the RAV 4 and made on a lightly 
automated assembly line here, is consid- 
ered to be the first embodiment of the new 
approach by Japan’s largest car company. 

Other newly introduced inexpensive 

See AUTOS, Page 4 


CoHfUtd ty Our Staff From Dispatches 

RABAT. Morocco — The deaths of a 
pilot and his 43 passengers and crew 
members took on an air of mystery 
Friday. His relatives and friends de- 
scribed the pilot as a happy man who 
would not have committed suicide, yet 
the official investigation said no expla- 
nation was possible except a deliberate 
decision to ram his plane into the side of 
a mountain. 

“My son is sane,” the mother of the 
piloi told the Rabat daily L’Opinion. 

He cannot commit suicide, much less 
loll anyone, because he loves everyone.” 

“He has no problems, family or oth- 
erwise,” said Amina bait Tayeb. the 
mother of the pilot, Younes KhyatL 

An official inquiry into the crash said 
no technical problems could be found. 

“The only reason for the accident is 
the deliberate desire of the captain, who 
switched off the automatic pilot and 
hurled the aircraft at the ground,” the 
head of the inquiry, Mohammed Mou- 


fid. said at a news conference Thursday 
night. 

It was a “deliberate decision to com- 
mit suicide,” be said. 

Bui relatives and friends said thai 
Mr. Khyati, 32, had planned to marry at 
the end of the year and was due to be 
promoted. He had even purchased fur- 
niture for a new home. 

“These are things that would general- 
ly make someone feel life was rosy.” 
Mustapha Ouakine, head of the Moroc- 
can air crew union. Personnel Navi- 
guant et Technique, said in an interview 
with French radio. 

The twin -engine ATR-42 belonging 
to Royal Air Maroc crashed in the Allas 
Mountains 10 minutes after takeoff 
from the southern seaside resort of Aga- 
dir at sunset on Aug. 20 on a flight to 
Casablanca. 

Mr. Moufid, who is also director of 
civil aviation at the Ministry of Trans- 
portation, said the suicide conclusion 

See PILOT, Page 4 


Hopes Fading for Clinton 9 s Health Push 


By R. W. Apple Jr. 

Sew York Times Service 

WASHINGTON — As the Senate tot- 
tered toward a two-week recess, even a big 
victory cm the crime bill did relatively little 
to Hft flagging spirits in the White House 
about the health care legislation which 
President Bill Clinton has made the center- 
piece of his administration. 

Mr. Clinton said Thursday that he did 
not consider the legislation dead, and add- 
ed that he did not think the recess would 
kill it. 

But it is very sick, and there is no effort 
to hide that fact among the people who 
have labored for two years to fashion a 
new health care system. 


In fact, the president and his advisers 
have decided to rethink their situation 
while Congress, and many of them, are on 
vacation. 

Having scaled back his bottom-line de- 
mand from a system that would provide 

NEWSANALYSIS 

universal care to one that makes decisive 
progress in that direction, the president 
must now consider whether he would ac- 
cept an incremental bill achieving much 
less or whether, as he promised not too 
long ago, be would veto it. 

Speaker Thomas S. Foley, Democrat of 
Washington, said this week that he could 


settle for a bill providing progress on in- 
surance-law changes — something, as he 
said, “that can pass and make significant, 
if initial, steps toward the goals of cover- 
age, avoidance of cost-shifting, mainte- 
nance of all quality, aS those things.” 

A number of senators, both Republican 
and Democratic, tend to agree with him. 

Mr. Clinton does not appear to have 
readied that point yet. But in discussions 
in recent days, he and his aides axe report- 
ed to have been asking one another ques- 
tions about some of the measures that 
might be attainable in September, if in- 
deed anything can be attained. 

Among them: Does this do more harm 

See BILL, Page 4 


Traders Cheer 
Cool Growth 
And Benign 
U.S. Inflation 

Dow Soars by 51 Points 
And Dollar CUnibs on 
Belief Rates Won 9 t Rise 

By Lawrence Malkin 

haemanomi Herald Tribune 

NEW YORK — The government’s lat- 
est picture of the American economy 
showed it growing benignly on Friday, 
cheering the world's financial markets with 
the hope that a moderate expansion would 
dissuade the U.S. central bank from push- 
ing up interest rates to cool inflation. 

Wall Street spurted ahead so sharply 
that automatic trading curbs were imposed 
on the New York Stock Exchange, and the 
rush from abroad to get in on the action 
sent the dollar shooting up in New York by 
three pfennig against the Deutsche mark. 

The Commerce Department’s revised 
figures for the gross domestic product dur- 
ing the second quarter showed the econo- 
my growing at an annual rate of 3.8 per- 
cent — not much different from the 
preliminary estimate issued a month ago of 
3.7 percent but as much as a half a percent- 
age point lower than expected by financial 
analysts. 

The government's revised data caught 
more of the late spring buildup in inven- 
tories by business, especially retailers, as 
consumers pursued a steady and relatively 
weak spending path after last fall’s post- 
recession splurge. 

Consumer spending rose by 1.4 percent 
during the period, a slight improvement 
over the earlier figure but far more sustain- 
able than the spending rate of almost 4.5 
percent during the fall and winter quarters. 
This left more goods on store shelves, so 
growth in inventories was adjusted upward 
to 556.3 billion from 554 billion. A reduc- 
tion in inventories curtails, which holds 
down GDP growth in a statistically ob- 
scure relationship that is only vaguely un- 
derstood by most traders. 

Inflation continued to be moderate, 
measured at 2.9 percent. This was clearly 
good news for bond markets, where vola- 
tility this year has made stock markets 
nervous. 

The underlying ouesvion posed by the 
data, said John Williams, chief economist 
of Bankers Trust, is whether the U.S. econ- 
omy will level off before it reaches capaci- 
ty, or will it hit the wall and force the 
Federal Reserve Board to raise short-term 
interest rates this autumn. 

The Fed has pushed up rales several 
times this year, beginning Feb. 4 and most 
recently on Aug. 17. These tightening 
moves increase the cost of loans, dampen- 
ing demand for credit and thus slowing 
economic growth to what the central bank 
hopes will be a noninflatiooary level. 

On Friday, the financial markets bet on 
the benign economic scenario that does 
not require Fed tightening. 

Bond markets finned in the United 
States and Europe: Interest yields on the 
benchmark 30-year U.S. Treasury bond 
fell on Friday io 7.48 percent, from 7.53 
percent. 

Lower interest rates meant that the com- 
puterized black boxes, which determine 
big institutional stock trades sent buy sig- 
nals, even though a slower economy even- 
tually will mean smaller stock dividends. 

Demand for stock was further exagger- 
ated by professional traders who have sold 
more than a billion stocks short this year in 
a bet that Wall Street’s decline will contin- 
ue. U they are wrong, they will have to pay 
more to buy stock they don’t own. 

The stock market immediately took off. 
with the the Dow Jones industrial average 
jumping 27 points within the first half- 
hour of trading and then advancing steadi- 
ly through the morning more 50 points, 
setting off the stock exchange's trading 
curbs. The index closed 51.16 points high- 
er, at 3,881.05 in New York. 

A few European markets were still open, 
and in London and Paris they moved up 
sharply in sympathy. 

At the bean of all this movement was 
the effect of the inventory numbers in 
holding down growth in GDP. What the 
inventory numbers measure is essentially a 
change in the rate of growth, and no one 
really can tell whether inventories have 
risen because businesses have bought more 
goods in the hope of selling them or are 
simply stuck with them because they 
guessed wrong about future sales. 

Could the higher inventories imply a 

See ECONOMY, Page 10 


A Light-Hearted, Light- Weighted London-Paris Flight 


By Joseph Fitcheu ■ 

tnamatisted Herald Tribme 

PARIS — Moments out of Heathrow International 
Airport in London and still weH short of the English 
Channel, the stinging rain that had drenched the fliers, in 
open cockpits, turned into impenetrable cloud, a wall of 
weather down to the deck. 

A single plane slipped through, but the other 17 
aircraft swung into line as the flight leader circled once 
and then led them down to land on a grassy field in Kent, 
bumping to a halt not far from grazing sheep. 

“Thai’s the way they did it in 1919!” the flight leader, 
Brian Milton, shouted enthusiastically about the forced 
limiting . “When the weather socked in, they set down in a 
field to wait it out — something most planes can’t do any 
longer." 

It seemed a long way to La Coupole, the Paris restau- 
rant that was their final goal, but even in the dripping 


grass, the expedition clung to its plan of duplicating the 
first regular London-Paris air service 75 years ago. 

Because the Aug. 2S date coincided with the 50th 
anniversary of the liberation of Paris, the pilots and 
journalist passengers planned io join those festivities, 
perhaps with a forbidden flight past the Eiffel Tower. 

The re-creation had two other goals. One was promot- 
ing a chari table cause, the Cancer Relief Macmillan 
Fund, a London organization that finances specialized 
nursing, 

But the pilots, who cared enough to pay for their own 
fud, were also setting a new standard for their aircraft, 
microligbts. These craft are plastic-and-canvas doodle- 
bugs, each with an engine scarcely larger than a big 
Iawmnower. 

An outgrowth of powered hang-gliding, they offer 
enthusiasts a taste of flying at its purest, soaring with the 
weather free of the metal tube that insulates commercial 
airiincr& 


For Mr. Milton, a television producer and aviation 
historian, microlights offer the best of aviation’s future 
and its past. Cheap and practical, these tiny craft are so 
versatile that almost one private aircraft in five in Britain 
today is a microlighL 

At the same time, miciolights incarnate flying’s heroic 
past by matching old records with modem courage: Mr. 
Milton himself flew one to Australia, and an old Etonian 
who was also on the Macmillan Flight flew solo to South 
Africa, two classic Empire destinations. 

The expedition started on a heartwarming note for 
microlighters when Heathrow’s frequency crackled with 
the voice of a 747 captain sounding as though a UFO had 
trespassed in his air lane: “I think I just saw a micro- 
lighL" 

The air-traffic controller replied silkily: “That’s affir- 
mative, speedbird. There are 23 microlight aircraft de- 

See CROSSING, Page 4 


I 

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Page 2 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


Returning Jews Take Fond Last Look at Lodz Ghetto 



By David Margolick 

New York Tima Service 

LODZ, Poland — For three days this week, 
Lodz was once more filled with the w ailin g 
sounds of klezmer music and Yiddish songs. 
Men with beards and hats once a gain strolled 
down Piotrkowska Street. Cries of "Maze! tov 
Filled the air as a rabbi hammered a shiny new 
mezuzah into a doorway at Revolution of 1905 
Street And Jews again lined Lutomierska Street 
unrestrained by ghetto walls. 

Fifty years ago this month, the Germans 
cleared out all but about 800 of the Lodz ghetto's 
220,000 Jews, deponing to Auschwitz the 80,000 
or so who had not already been gassed or died of 
starvation or disease. By war's end, all but 10,000 
of them, remnants of what had been, after War- 
saw, the second-largest Jewish site in Europe, 
had perished. 

This week, 200 former ghetto dwellers re- 
turned to Lodz, many for the first time, most for 
probably the last. They came from Israel, the 
United States, Germany, England, Sweden, and 
in a few cases, from only a few blocks away. They 
are the survivors of postwar anti-Jewish cam- 
paigns in Poland which purged Lodz of all but a 


handful of the Jews who returned here after 
1945. 

Most of the visitors were around 70 — old 
enough half a century ago to be sent to Lodz’s 
factories for the German military rather than to. 
the crematories of Chelmno, but young enough 
now to make the arduous trip home. Most are 
short their growth stunted by meager rations 
during adolescence. But most seem tough, just as 
they were tough enough to last a year in Ausch- 
witz after fair years in Poland’s First and final 
ghetto. 

Until the Germans arrived Lodz was Poland’s 
most Jewish city. A third of its residents, includ- 
ing many of the magnates whose textile mills and 
palaces still stand here, were Jews. So were its 
most famous sons, like Arthur Rubinstein. But 
aside from the ornate, largely derelict Jewish 
cemetery, where 135,000 people who died before 
1940 rest beneath wobbly headstones and the 
50,000 who perished in the ghetto lie in un- 
marked graves, almost nothing explicitly Jewish 
remains. 

Still, Jews returning here at least have the 
luxury of seeing much of what they left behind. 
While the war leveled Warsaw, much of the 19th- 
century splendor of Lodz remains. 


One of the returnees was Dr. Helena Zymler- 
Svantesson, a pediatrician in Lund, Sweden. 
Along with Dr. Helena Bergson, one of the 887 
Jews still in the ghetto when the Russians ar- 
rived, she read the historic marker where the 
Gestapo headquarters once stood then crossed 
Zgierska Street to the Baluty market There, 
vendors sell vegetables, shoes, and compact disks 
where Mordacnai Chaim Rumkowski, chairman 
of the ghetto’s Jewish council and among the last 
to be sent to Auschwitz, had his offices. 

Proceeding along scruffy streets where young 
boys now smoke cigarettes and play soccer. Dr. 
Zymler-Svantesson found the room at No. 13 
Mlynarska Street she shared with her parents, 
brother, and an elderiy couple from Vienna. 

Dr. Zymler-Svantesson seemed shinned by the 
sight of her old quarters. The spell was broken 
only when she . spotted a young mother and her 
baby in the courtyard outside. “You see children 
everywhere; that's the only good thing,” shesaid 

The Germans killed over 90 percent of Po- 
land’s 3.3 million Jews, and no one is quite sure 
how many remain. The guesses range from 7,000 
to 40,000, depending on whether one includes 
people of Jewish ancestry. But certain facts are 


dear. Poland’s only kosher butcher, for i nstance, 
can meet the Jews’ monthly demand for meat by 

lrfflrng a sjn gj g COW. 

But in Lodz as elsewhere, these is a nncro- 
renaissance, captured Monday when Rabbi Mi- 
chael Schudrich of the Ronald S, Lauder Foun- 
dation nailed a mezmah at the organization’s 
new Jewish youth center here. Beforehand, Sin> 
cfaa Keller — formerly Krzysztof Skowronsfai — 

a u Ani Maamin," or “I Believe,” the prayer 
ig with the coming of the Messiah that 
many Jews chanted as they entered the gas cham- 
bers, while 15 other young Lodz residents, many 
with the fair coloring of Poles b"‘ 
themselves as Jews, looked on. 


Until recently, theJcws of Lodz seemed large- are pot 
here. 


WORLD BRIEFS 

German Rightist Party’s Head to Quit 

BONN’ (AFP) - 

SflSSSS STpSSi » politics - 

office said Friday. . nn£ n after the Oct. 16 

Mr.Schbnhubex wffl remain m 

general. ejections and TVgffa spokes- 

coafereuce at tl» end (rfNovmiberoriMiny since 

woman said. Mr. SchSnfiuberv 71, 

1983; wants to see the presidency handed over to 

came day, 

M^dtother entered tighter surveillance party 

activities and accnsed itof draping radicals” and 

Republicans have so far been qualified as 

aretiot officially considered "hostile to the constitution. 


ly munourued here. But Poland is experiencing a 
wave of phtio-Sezmtiszn. Katarzyna Pospjeszyns- 
kiej’s kosher cookbook, with its recipes for 
chopped chicken liver and herring, has sold 
200,000 copies. Liquor stores sell at least eight 
brands of kosher vodka. Lodz’s city fathers 
strived mightily to welcome the visitors, speaking 
of Jewish contributions to the city, of restoring 
Jewish property, of combating Holocaust 
revisionism. . . 


Kohl Rival 
Sidesteps 
Plutonium 
Accusation 


Reuters 

BONN — Rudolf Sc harping, 
leader of the opposition Social 
Democratic Party, appeared to 
back down on Friday from ac- 
cusations by a senior aide that 
the German government had 
staged a spectacular seizure of 
smuggled plutonium. 

Mr. Scnarping declined to 
say whether be believed the ac- 
cusation, saying only that ques- 
tions remained about an under- 
cover police operation that 
netted illegal plutonium at Mu- 
nich airport two weeks ago. 

Germans have been shocked 
by four seizures of atomic con- 
traband in as many months, 
raising the specter of a “nuclear 
mafia” trading in stolen pluto- 
nium and uranium from the for- 
mer Soviet bloc. 

The Social Democrats' cam- 
paign manager, G (inter Verheu- 
gen. drew angiy denials from 
Chancellor Helmut Kohl's gov- 
ernment on Thursday after he 
said the Munich case looked 
Hke a campaign stunt before the 
October elections. 

Mr. Verheugen said the plu- 
tonium seizure had been an at- 
tempt at scaremongering in- 
tended to give the government 
an internal and foreign policy 
success before the election. 

Asked by reporters if he sup- 
ported Mr. Verheugen’s claim, 
Mr. Scharping answered: “Ev- 
erything that can be said about 
this has already been said. 

“We maintain that open 
questions remain which the 
government must answer.” 

Mr. Scharping and his party's 
parliamentary expert on securi- 
ty issues. Ulrich Maurer, said 
the government must explain 
why undercover police posing 
as nuclear buyers waited until 
the plutonium was brought into 
Germany before seizing the 
load. 

Bavarian state police who ran 
the operation captured 300 
grams {10.5 ounces) of highly 
toxic plutonium from couriers 
on a flight from Moscow. Un- 
dercover agents had asked sus- 
pected nuclear dealers to supply 
a sample of their wares. 



Murayama, 
In Hanoi, 


cuv uv/v uiuMiw; — 

Algerian MOitaxns Declare a Regime 

PARIS (AFP) — The Armed Istanic Group, the most b^d-tae 

A cabinet ofUmmistisre named m a OTmmumcatirato Agoi 

Fnmoe-Ptesse included Ali Belhadj, the 

the rival mflitanl Islamic Salvation EronLMr. 

in detention. The prime monster was Estedas Mohammed baid-a 

former Islamic Salvation Front official who went over to the 

Armed Islamic Group last month. _ a .■L_ t 

In Morocco, meanwhile, the government said Friday that 
Algerian nationals would be required to obtain visas For visits. 
TheSnotmcemcnt was made after the arrest 
wbo were described by the Interior £ tte 

armed group.” The two men were arrested Thursday at Fez, the 

ministry said. 


Supports Malaysia Moves Against Islamic Sect 

Reforms 


PROTEST PARALYZES BOMBAY — Supporters of the Bharatiya Janata Party fleeing a poEce charge Friday in 
Bombay. The police were responding to stoning of buses during a general strike called over the staying of the Hindu 
party’s local leader, Ramdas Nayak. The strike virtually paralyzed Bombay, dosing India’s biggest stock exchange. 

Thais Charge Iranian in Bomb Attempt 


Nuclear Accident in Japan 

The Associated Press 

TOKYO — A nuclear power 
plant in northwestern Japan 
sharply cut its generating ca- 
pacity early Friday when a 
pump that helps circulate cool- 
ing water stopped working. A 
company official said there was 
no fear of radiation leakage at 
the plant, near Kanazawa. 


By William Branigin 

Washington Past Service 

BANGKOK — After a Five-month in- 
vestigation into an attempted truck bomb- 
ing here, Thai authorities are pressing 
charges against a suspected Iranian terror- 
ist, but have released two other Iranians 
for lack of evidence. 

The three men were arrested in June in 
southern Thailand on suspicion of involve- 
ment in making a powerful truck bomb 
that officials say was apparently intended 
to blow up the Israeli Embassy in a suicide 
mission in March. The mission evidently 
was foiled by a minor traffic accident. 

A similar bomb caused extensive dam- 
age last year at the World Trade Center in 
New York. Intelligence sources said there 
was no evidence that the attempted bomb- 
ing here was connected to that attack, but 
they could not rule out a link to other 
bombings, possibly including one in Ar- 
gentina on July 18 that destroyed the Bue- 
nos Aires offices of two Jewish groups and 
lolled nearly 100 people. 

An Iranian identified as Hossein Shah- 
riarifar pleaded not guilty in a Bangkok 
court Aug. 18 to several charges in connec- 
tion with the truck bomb, including mur- 
der, robbery and illegal possession of ex- 
plosives ana Firearms. 

The accused, wbo has also been identi- 
fied as Hossein Dasjiri, is suspected by 
Thai police to be a militant Muslim funda- 
mentalist implicated in other acts of ter- 
rorist violence in various countries during 
the past two years. 

He was arrested June 3 in Hat Yai. 
southern Thailand, with two other Irani- 


ans. identified as Babak Taberi and Basr 
Kazemi. They were released Aug. 16 for 
lack of evidence connecting them to the 
truck bomb. At least one other Iranian is 
still being sought, the police said. 

A Thai government prosecutor has 
charged that Mr. Shahrianfar and one or 
more accomplices built a massive bomb by 
packing a one-ion steel water tank with 
plastic explosive and a large amount of 
ammonium nitrate fertilizer mixed with 
diesel fuel. The bomb that devastated the- 
World Trade Center in February 1993 also 
used ammonium nitrate. 

The tank was loaded into the back of a 
six-wheel rented truck and wired to the 
truck battery via a switch on the dash- 
board. the police said 

The bomb was discovered after a man of 
Middle Eastern appearance in his 30s 
bumped into a couple of motorcycles be- 
side a department store in central Bangkok 
while driving the truck March 11. When 
the motorcycle owners demanded compen- 
sation, the man offered them a wad of 
foreign currency, which they refused An 
argument ensued and the man fled mi 
foot, abandoning the truck. 

Police officers drove the vehicle to a 
lice station, where it sax for a wed: 
ore the owner went to claim it. It was 
only then that police checked the water 
tank and found the bomb inside, along 
with the battered body ol a Thai driver for 
the rental agency. Both his arms had been 
broken, and he had apparently been stran- 
gled with a rope. 

Attorney General Opas Aranin said last 
week that witnesses recalled seeing Mr. 


$ 


Shahrianfar and the driver, Chom Hula, 
purchase the water tank that was used to 
bold the bomb. 

At the time of the accident, the truck 
appeared to be heading toward the Israeli 
Embassy about 230 meieis (250 yards) 
away. Officials said it was also possible, 
but less likely, that it was on its way to the 
US. Embassy by. a circuitous route neces- 
sitated by one-way traffic. 

Earlier that day. demonstrators had 
gathered at the Israeli Embassy to protest 
the Feb. 25 massacre by an Israeli settler of 
at least 29 Muslim worshippers at a 
mosque in the West Bank town of Hebron. 
The authorities speculated that the bomb 
may have been intended as retaliation for 
that attack. 

Deputy Foreign Minister Surin 
Pitsuwan said that as a result of the at- 
tempted truck bombing and previous 
warnings about international terrorist ac- 
tivity in Thailand, there had been closer 
consultations and information exchanges 
with foreign governments lately. 

"We are on full alert against terrorists 
and acts of terrorism,” he said. 

Iran so far has not commented on the 
case here. But on Wednesday, the state-run 
Tehran radio demanded that the U.S. sec- 
retary of state, Warren M. Christopher, 
apologize to Iran for having accused it of 
involvement the bombing last month in 
Argentina. 

In Argentina, an investigating judge has 
issued arrest warrants for four Iranian dip- 
lomats, but the attorney general has said 
the evidence against them is insufficient. 
Iran has denied any role in the bombing, 
which remains unsolved. 


Belgrade Bars Serbian Refugee Vote on Peace Plan 


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2875 S. King Street - Dept- 33 
Honolulu, HI 96626. 



Reuters 

BELGRADE — Yugoslavia 
blocked Bosnian Serbian refu- 
gees on Friday from voting in a 
referendum this weekend on an 
international peace plan. 

The Bosnian Serbian presss 
agency SRNA said Yugoslavia 
had refused to grant approval 
for voting on its soil. The Bosni- 
an Serbs had already an- 
nounced plans for voting in ref- 
ugee camps and hospitals 
throughout Yugoslavia. 


For most refugees, wearied 
by living far from home and 
dependent on charity, the refer- 
endum Saturday and Sunday 
now means watching from afar. 

“Whatever happens I just 
want the war to end,” said Sre- 
ten Kuljanin. a former railway- 
worker, whose five months in a 
Bosnian prison camp make him* 
seem older than his 64 years. 

Yugoslavia's decision to pre- 
vent Mr. KuJjanin and the rest 
of the quarter of a million Ser- 
bian refugees from Bosnia from 


voting was not a surprise, given 
Belgrade’s description of the 
referendum as a fraud. 

The leadership in Pale, the 
Bosnian Serbian stronghold 
outside Sarajevo, said it would 
still try to organize voting 
abroad, in communities in the 
United Stales and Canada. 

Belgrade has demanded that 
Pale accept the international 
peace plan, saying that the vote 
makes the 11 million Serbs in 
Yugoslavia hostage to the 
w hims oF the miTHo n and a half 
Serbs of Bosnia, and it has cut 


off trade, telephone and diplo- 
matic Imies. 

The referendum has been 
called by the Pale leadership to 
back its repeated rejection of 
the latest peace plan, which 
would divide Bosnia roughly in 
half between a federation of 
Muslims and Croats and their 
Serbian foes. 

The Bosnian Serbian leader, 
Radovan Karadzic, has predict- 
ed that the vote will result in 
nearly unanimous rejection of 
thedeaL 


Agotee Frtmcc-Pressc 

HANOI — Prime Minister 
Tonriidn Murayama wrapped 
up the first visit to Vietnam by a 
Japanese prime minister on Fri- 
day by signaling Japan’s grow- 
ing role in regional affairs and 
its backing for HanoTs econom- 
ic reforms. 

Mr. Murayama expressed his 
backing for Vietnam's plans to 
join the Association erf South- 
east Asian Nations, amove that 
Tokyo says it believes will aid 
development and bring an end 
to HanoTs decades erf isolation. 

But he rebuffed complaints 
from Vietnamese leaders that 
Japan, Vietnam's largest trad- 
ing partner and aid donor, has 
not been an enthusiastic inves- 
tor, saying that it was up to 
Hanoi to create the right condi- 
tions for private companies. 

Mr. Murayama met Friday 
with President Le Due Anhand 
the Communist Party general 
secretary. Do Muoi, who he in- 
vited to visit Japan in the near 
future as a guest of the govern- 
ment. 

Mr. Do would be the first 
serving Communist Party chief 
invited to Japan for an official 
visit as a guest of the 'govern- 
ment, a Japanese Foreign ^Min- 
istry spokesman said. 

The 24-hour visit to Vietnam 
focused on economic issues and 
gave Mr. Murayama a break 
from the anger about Japan’s 
wartime history, which donri- 
nated a stay in Manila, where 
demonstrators demanded com- 
pensation for women forced 
into prostitution by Imperial 
troops. 

Mr. Murayama expressed his 
remorse for wartime atrocities 
and colonial rule to Prime Min- 
ister Vo Van Kiel, wbo said the 
Vietnamese “had dosed the 
door on the past” and now only 
wanted to develop better rela- 
tions with Japan. 

Aid and cultural links have 
been the center of discussions, 
with the signature of five ac- 
cords on grant aid worth more 
than $73 million and an agree- 
ment to allow Japanese peace 
corps workers to teach here. 

Japan, already Vietnam's 
largest aid donor and trading 
partner, pledged further assis- 
tance to develop infrastructure 
here, a key obstacle to invest- 
ment by foreign companies. Aid 
and loans were resumed in 1992 
after a 14-year suspension fol- 
lowing Vietnam’s invasion of 
Cambodia. 

After decades of cool rela- 
tions, ties between the ' two 
countries have improved in re- 
cent years, but Japan has 
pushed for faster development 
of infrastructure and the legal 
system as well as a greater 
openness. 

Tokyo has avoided raising 
the issue of human-rights 
abuses by Vietnam, which was 
not discussed during Mr. Mur- 
ayama’s talks, but it has been 
openly critical of bureaucratic 
snags that have held up aid and 
investment. 


KUALA LUMPUR (AP) — The government gave 
sweeping powers on Friday to crack down on a banned L__ 
sect said its members would be caried if they were convicted 
by Islamic courts. , . e 

The action by the Home Affairs Ministry follows a ban Aug. 5 
on the group Al Arqam imposed by the state-controlled Fatwa 
Council, the supreme Islamic body in Malaysia. _ 

It is a powerful blow agamst the messianic sect, much 
authorities fear could cause disunity among Malaysia’s majority 
Malays, who axe almost aU Muslims. Al Arqam o ffic ials said that 
within hours after the action was announced, the police arrested at 
least five of its members. 

Vietnamese at Bisk in Cambodia 

PHNOM PENH (AP) — An immigration law passed unani- 
mously by the National Assembly on Friday fails to clarify the 
status of thousands of ethnic Vietnamese -residents who live in 
legal limbo. 

The new law includes provisions for the deportation and 
expulsion of aliens, which human rights groups fear would allow 
the arbitrary or mas* expulsion of long-term foreign residents, 
such as the Vietnamese. 

Several hundred thousand Vietnamese live in Cambodia. Au- 
thorities often disregard their rfflims to citizenship even when they 
have been settled here for several generations. -The Vietnamese are 
the subject of widespread suspicion and discrimination, because 
Cambodians fear that Vietnam seeks to annex their country. 


TRAVEL UPDATE 


Delta to Ran Trani^Atlanlic Smoking 

NEW YORK (AFP)—Ddta Air Lines is banning smoking on 
all trans-Atlantic flights starting next year. ■ 

Other airlines have been offering a few smoke-free flights on a 
handfnl of routes, bulDdta is the SrsvUS.'aklme to ban smoking 
in such a large international market. Delta, with more than 250 
daily flights across the Atlantic, became one of die largest U.S. 
carriers, to Europe when it bought routes from Fan American 
World Airways. ... 

Iran Acr started a weekly air fink between Tehran and Tashkent, 
Uzbekistan, on Friday, •' (AFP) 

FovrsmaD bombs exploded in Ajaccio, Corsica, on Friday, the 
latest in a string of attacks on the Mediterranean island, where 
separatists want independence from France. No one was hurt, and 
there was little damage. (Reuters) 

The number of visftorsto Northern Ireland increased 1 percent 
in 1993, led by a 16 percent increase from North America. (AP) 
A ms ter da m's Sdnphol International Airport vriB play host to a 
conference on pickpocketing this fall Airport officials from 
Frankfurt, Brussels and London are expected to exchange ideas 
on how to thwart and arrest airport pickpocket gangs. (AP) 
Hundreds of Lebanese Anny recruits, armed with shovels and 
rakes, have come to the rescue of many of the country’s tourist 
sites, which are overrun with weeds. They began by rieam'wg up 
the temples of Jupiter and Bacchus in Baalbek and wig movy on to 
ruins in Byblos and Tyre and ancient rites newly uncovered in 
downtown Beirut. . (AFP) 


Extortion Gang Threatens 
Newsweek’ s Moscow Bureau 

Agcnce Fmnee-Presae 

M OSCOW — Ac armed gang threatened the Moscow staff 
or Newsweek this week and ordered them to pay for their 

riKffri Sty SCrV1Ce ’ a with the weekly 

The three men, one of them armed, stopped a car driven by 
a Newsweek journalist on his way back from the Moscow 

a , * w - fOTdng “» “ 

ilS a = fter t ? romiSied demands 

ordering one of the employees to pay them 

S2T“!l taken 35 a sign tliat the business 
OT "“Of- °f °f MoW, 

“Nothing indicted that they knew what Newsweek is.” 
Mn Nagorsla sard. “One of the reasons chat we have gone 
pubic with k is to show that “we will not be mtirmdate^ 


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Pages' 4 


SetUffiors GotEleetion- Year Message on the Crime BUI 


APOLITICAL NOTES A 


By Richarfl • 

WASHMStpWT^Ib^-, 

_ -l. '^1: MP . hi^irtmt'riAnftT' 


rancorover whether 4be crinifi 

bill haditQO^a^.jP^.^i*^ 

matter. ' J ■ m" •' r " ■ ■ : 

The overriding eoncenj. for 
Democrats and -SQme J.Rgwj bK^ 
cans was simpler? tevdisfing ' 
home witS something To show 
on what votes 6o^d(x the na- 
tion’s most pressing issue; : • " ' 

“The telephones in the slate 
of Delaware are ringing; off. the 
hook," Senator Joseph R. Baden 
Jr., a DemocratfroEQ testate . 
who is r Juprnim of ttejndidft' 
ry Committee, told tSs rat 
leagues ;on the. jQoor'lhiS; past . 
week.. \ \ . y- * . \-. .. 

“They areaot talkmg about 
podc dr poric chops or anything " 
else. Thcyaxe saying:, Tas*tiie 
crime ML Give pie .100,000. 
cops, bufld more pnsra^ and 
get cm with it’ ” ; _ ••' 

That inoperative 'led both. ’ 
sides to pull back from the 
brink. every time they reached - 
iL The vote fwfinaiapprtn^in 

the Senate was 6Uo-3& . Joseph R. Biden Jr. of Dels 

^^f3SS&&r^ leader, Geo^J- Mitchell o 
cause the Democrats cared in \ rV : 

cko many elaments.Andthe Ro- . A ■ 

publicans . wly>. 'brojee ranks - They wanted to be aWe to cam- 





i f 



fort in the notion that the provi- legislation insisted that their 
sians atissuein the fighting of stubborn opposition was 
the last two weeks will probably grounded in genuine concern 
not matter much to voters an- that the bill was crammed with 
gry about congressional grid- misguided social-welfare pro- 
lock. grams. They asserted before the 

“People don’t follow the do- vote that they were not afraid of 
tails," said Senator Jeff Binga- being blamed for scuttling the 
man. Democrat of New Meri- bill. 

co, who is running for re- “If that happens," said Sena- 

decdoa this year. “They don’t 

know what’s precisely in the - • 

crime bill, but my sense is ^ w 

there's support for trying some- 1116 itepnJMicaJis 

^TLwis.^ Democratic wanted to be able to 
strategist, said: “This enables campaign as 
Democratic members to go . r £ , 
back and say: *We fought for crime-lighters, too. 

this bin. We achieved it We 

won it In the end, we produced 

something you warned us to tor Trmt ^ R*p ublicim of 


campaign as 
crime-fighters, too. 


Mississippi, who is 


“In a year in whichpublic 

skepnaan of _ incumbents, is happy to tali credit for 1 
very high, it is increasingly un- ^ill ” 
portant for in airnben ts to coroe _ 

home with real-life achieve- Willi am Kristol, a Re 

meats.” can theoretician, had w 


to hold the Republicans togeth- — _ _ - — 

er. So now that the bill is poised Senate Decorum: Plumbing a New Low? 

&J SbSSmrSS: WASHINGTON -In Review of some lawmutes. doco- 

offered-I taste of h6w his panv nun in the Steiate reached a new nadir this week as pohucal 

will frame the issue in coming aenmony and pamsan bile evidently became the defining 

wee iJ^ characteristics of their stately institution in the Clinton era. 

“In November” he said As the Senate struggled to resolve a weektong impasse over 
“Americans will have a chance President Bill Clinton’s crime legislation, its members turned 
to vote for or against the mem- *rairicaU unfurling oratory ranging fron, the siUy to the 
here of CongresstSo think the sublime and displaying emotions worthy of classic tragedy or 
answer to our crime problem is 00 

spending billions mdre for so- . P®*?? 5 ** week's most audaaous performance was ren- 
cSwelfare on top of the scores dered by Senator Ahonse D Amato, RepubUcanof New 

of billions we already spend. Yor ^ wbo «nbdhshed his arguments agamst the bill s crane 

Democrats won’t like that an- prevention programs by brandishing a large picture of a pink 
___ « pig and beltmg out his own version of toe nursery classic: 

One Democrat who is up for “President Clinton had a bill E-I-Erl-O. And in that bill was 

re-election and has not been *"» , ■ - 

afraid to v-ote against his presi- M *- ] 0 ^ s ambmous a csmpdla prompted an aad 

dent. Bob KeireTof Nebraska, rct « rt normally restrained Democrat, Frank R. Lau- 

believes otherwi4. iraberg of New Jersey. 

^TbU S^Sing from the “^’s *e barnyard all right," Mr. Lautenborg observed. 

community," he said of the out- “ Bul no *? c P'| ™ }t ^PN ® L lt <*** ***• J * 

pouring for a biU. “Police the othw stuff. And if it looks like rt and it feels like it and it 

Siiefs, sheriffs. Maybe the con- smells like it, we know what it is 

ference committee didn’t get it **“ x™ 10 !* complamed that the pitched, emouimal 
quite righL But Congress got it te P or ^ the crime ddiate agnals a new low in legislate 

nght: The American peopfe are etK l ucne predicted an end to the days when Republicans 

‘hn cnmA. and Democrats would compromise for the good of the coun- 


Into OnricWThc Auedatcd Piem 

Joseph R Kdeu Jr. of Delaware, right, and the majority 
leader, George ,J- Mitchell of Maine, after the crime vote. 


borne with real-life achieve- William Kristol a Republi- 
zoeats.” can theoretician, had warned 

Bill Mclnturff, a Republican leaders in a memorandum 
pollster, argued that the Demo- no1 to give in to election-year 
crats would reap no advantage pressures, 
in November. “Republicans can only make 

“They’re not going to score a progress in refraining die na- 
break through against the Re- tional political debate in ways 


happy to take credit for killing pounngfor a biU. Police 
thS bill.” chiefs, sheriffs. Maybe the con- 

___. ‘ . ference committee didn’t get it 


were Stanatdy nett vrilfing to 
risk kilHhg the IriB for fear of 
being labeled obstructionist 


as crime-fighters, too. who frctju 
: Democratic senator publicans, 

oted agamst the bill was Both $« 


a .., publicans because of the crime that benefit our party and its 

Rich ard G Shelby of Alabama, bill," he said. “It’s not a point of principles if we are willing to 
who frequently sides with Re- contrast between the two par- endure charges of partisanship 
publicans. ties.” and gridlock," he wrote. 

Both sides could take com- Republicans who fought the But that advice was too risky 


saying with crime, ’Do some- 
thing!' " 

The handful of Republicans 
who bucked their party got the 
message. Senator William V. 
Roth Jr. of Delaware, who op- 
posed a crime measure in 1990. 
said he favored one this time 
because “crime in Delaware has 
seen an incredible, and even 
frightening, increase." 


The Associated Prm . j;.“ .***& tests before giving any of 

LOS ANGEUES— rProsecn- the evidence to the defense, 
tors do not have to provide v Thejudgedrdered the prose- 
blood samples immediately for cation to proceed with DNA 
DNA- tests. by O. J.. Simpson’s testing; “in as Conservative a 
defense, even though the mur- marmer as is scientifically rea- 
der investigation was M a.picture ■ sonablc and to maintain for po- 
of confusion, misconnnumCar tential defense "testing any ra- 
tion and nr^fyrmmrmicatirrnj ** pdnal fur r pmirinmg material.” 

a Superior Court judge ruled He said prosecutors had to 
Friday.. *• : : rive Mr. Smpson’s lawyers 48 

Judge Lance A. Ito said pros- hours’ notice of any testing and 
ecutors had showed that it was had to make the testing accessi- 
“reasonably neceuai^ for ble to deferae experts. 


icts Simpson Lawyers’ Demand for Blood Samples 

netic tests before giving any c f and the police, Judge Ito reject- “bum up evidence" by overtest- The judge said he was relying six newly revealed blood sam- 

. the evidence to the defense. ed a defense motion for a par- ingit before Mr. Simpson’s law- on California law holding that pies that the police had kept in 

. The judgerirdered the prose- tion of the blood samples col- yers could get their hands on it. there is no violation of a defen- their crime lab without ootify- 

cution to pTOceed with DNA keted at the scene of the June “What was revealed to the danfs rights if a piece of evj- jug the defense. The blood was 


cation to proceed with DNA lected at the scene of the June “What was revealed to the dent’s ri ; 
testing, ^in as conservative a 12 murders of Mr. Simpson's court in a course of this hearing dencc is 
manner as is soentificaily rea- former wife and one of her was a picture of confusion, mis- coition t 
sonablcand to maintain forpo- friends, and the fonner football communication and noncom- Before 
tential defense testing any re- star’s mansion as wdL munication between the prose- pens sad 

sidual orrtanaming material" The prosecution is relying enters and the LAPD ” Judge someday 
He said prosecutors had to heavily on forensic evidence, in- Ito wrote, referring to the Los on whett 
give Mr. Snnpsop’s lawyers 48 chi ding DNA tests, because Angeles Police Department, right to 
hours’ notice of any testing and there are no known witnesses* “Such conduct, while less than indepent 
had to make the testing accessi- During a two-day hearing exemplary, does not rise to the The qt 
We to defense experts. this week, the defense accused level of bad faith or miscon- ecutors i 


danfs rights if a piece of evi- 
dence is consumed by the pros- 
ecution through testing 
Before Judge Ito’s ruling ex- 
perts said his decision might 


" them to perform multiple go- While criticizing prosecutors the prosecution of conspiring to duct.” 

— Hoiti 9 s Economy ‘Coming to a Full Stop 


By Douglas Fatah : tidt^ the United Nations, with only a few days a week, if at alL 

Wa&Jwimttot Ser?k* the strongbacking of the Unit* Public transportation, where it 

PORT-AU-PRINCE - Haiti ^ States, has imposed a near- exists, costs three times what it 
- Haiti's battered ectinoriw total cdimttedal embargo on did in July. Prices of basic foods 


cutors and the LAPD,” Judge someday serve as a precedent 
Ito wrote, referring to the Los on whether defendants have the 
Angeles Police Department, right to test genetic evidence 
“Such conduct, while less than independently, 
exemplary, does not rise to the The question is whether pros- 

level of bad faith or miscon- ecutors own evidence or “are 
duct.” merely custodians of the evi- 

dence for the people." said Ed- 
ward Blake, a forensic scientist 
*7T £T1 m 9 who has worked in DNA test- 

tull StOp 

, guilty to murdering Nicole 

leaders of the danger of a popu- Brown Simpson and Ronald L. 
lar revolt if devaluation contin- Goldman. The trial is scheduled 


gleet and months of a full com- 

meraalanhaig^Jsgzrndiuste 

a <»ot 

enough to: fence tiw country’s 
military leaders to step aside, 


— Haiti’s battered ecanbmy, total.oonmiaraal embargo on did m July, ftices of basic foods 
suffering from decades of me- Ham., Father Anstidc won the have doubled, 
gleet and months of a full cam- free elections but The result, m a nation that 

w - waBovwtinbwnbvthemihtaxy already was the poorest m the 
ot on SqKL'^tL'.IWl,, just. seven, hemispherepis & noticeable in- 
months after takteg office. crease in people desperately 


according to busmcftsmcn and - - 


last mantis' when the 


Central Bank expanded the effect that hypcrinfla- 

moneysuppty with no hard cur- •• .. _ 


iont&rffcr taking office^ crease in people desperately 
Economists and busmessmen searching for ways to survive, 
rid the sudden, rapid deterio- Unemployment, according to 
ratiem of what was left of Hai- international economists, now 
tf s fcamal econo m y resulted is close to 80 percent 
san the effect that hyperinfla- While lending businessmen 


reocy to back up thc new mon- 
ey, the nation has becn Trit by 
hyperinflatioa that bail deval- 
ued the gourde by 40 percent. 
With few dollars m the econo- 


s TMi devdaation is what will kiU us. No 
one can Survive this.’ 

AHaitiaii bntineAsman 


economists stud 
onty accelerate. 
•The nation 


the trend- can 


ties. 

In an effort to stem the slide, 
the de facto government of 
Emile Jonassaint has ordered 
all businesses to post their 
prices in gourdes ana said regal 
measures would be taken 
against those who carried out 
business in hard currencies. The 
move was taken to slow the 
“dollarization” of what is left of 
the economy. 

But a U.S. official said that 
while the inflation would even- 
tually hurt the wealthy and the 
military leaders who could get 
dollars, that would be only after 
everyone else had already been 
hurt. 

“The only people who can 
weather this are the true elite," 


next month. 

Ito’s ruling concerned 


their crime lab without notify- 
ing the defense. The blood was 
collected from the ground near 
Ms. Simpson's condominium 
and at Mr. Simpson's estate. 

Judge Ito's ruling addressed 
only how much blood should be 
made available to the defense 
and whether prosecutors had 
been remiss in their failure to 
tell Mr. Simpson's lawyers 
about the samples. 

The ruling did not address 
whether the blood was contami- 
nated as evidence because it 
had been mishandled by rookie 
police technicians. One of Mr. 
Simpson's attorneys, Robert L. 
Shapiro, told Judge Ito that 
mislabeling and mishandling 
might have tainted the evidence 
so much that it should not be 
admitted at the trial. 


and Democrats would compromise for the good of the coun- 
try. (LAT) 

Holbrooke Confirmed for Europe Desk 

WASHINGTON — The Senate has confirmed Richard G 
Holbrooke to be the State Department’s chief of European 
and Canadian affairs, approving a man who has supported 
firm opposition to Bosnian Serb atrocities. 

Senators confirmed Mr. Holbrooke as an assistant secre- 
tary of stare on a voice vote on Thursday. There was no 
debate. 

Mr. Holbrooke, a New Yorker who served as ambassador 
to Germany for less than a year, replaces Stephen A. Oxman, 
who is being reassigned. Mr. Holbrooke was assistant secre- 
tary of state for East Asia in the Carter administration. He 
played a key role in the negotiations that led to the derision to 
normalize relations with China. (AP) 

Coming Ups Pay Rise for Federal Workers 

WASHINGTON — The Office of Management and Bud- 
get has sent Fresident BiU Clinton a proposal that would give 
federal workers next year a 2 percent pay raise but defers a 
decision on “locality pay,” according to White House offi- 
cials. 

An official said Mr. Clinton is inclined to accept the OMB 
proposal and would announce it next week. 

House and Senate negotiators, however, are leaning toward 
a pay package that would give the average federal worker a 2.6 
percent pay increase next year. The congressional package 
would give civil service employees a 2 percent nationwide 
raise and half of their scheduled locality pay. (WP) 

Quote/ Unquote 

President Clinton on adoption of the crime bill: “Children 
will be safer and parents will breathe a little easier. Police 
officers win no longer be threatened by gangs and thugs with 
easy access to deadly assault weapons designed only for war. 
Violent criminals are going to leant quickly that the revolving 
door on our prisons has been locked and bolted shut" (AP) 


nation is coming to a - 
full stop,” said Leslie Mazngat, 
an academic who served briefly 
as Haiti’s president in -1988. “It 
is like a locomotive, puffing 


988. “It ican Repuhbc has remained the military to 
puffing steady; and its price in dollars The army, 
raff wm constant at about $830 a gal- pendent on th 
is dos- kra, the_price in gourdes has for money, hi 
usiness, doubled m recent weeks. independent fi 


ety of things to insulate them- 

The array, once largely do- that 111051 can- 

indent on the economic elite nm - 
r money, has developed an ■ Cabinet Shake-Up 
dependent financial network Citing the economic crisis, 
ised on contraband and extor- Mr. Jonassaint has replaced bis 


be the end. Every th i ng is dos- Ion, the [prior in gourdes has for money, has developed an ■ cabinet WiaKe-up 
mg, buriness after business, dout&ed m recent weeks. independent financial network Citing the economic crisis, 
store after store. M toy people Diplomats familiar with UN based on contraband and extor- Mr. Jonassaint has replaced his 

cannot eat anymore. Them that efforts to seal the border be- tion that makes its leaders less government's finance and coxn- 
atc twice now, have only one ? tween Haiti aad the Dominican reliant <m the business commu- mere* ministers. Renters re* 
meaL” • Republic said a monitoring mty.-And, as one busines s man ported from Port-au-Prince. 


According to bosanesSfflch tea£^wftic& was to have been in 
dore totheariaiedfoxceSrbow- ptecefliere in May whelp stop 
ever, Lieutenant Geperal Raoul the . smuggling, was still weeks 
pfcdias, Haiti’s mflitaiy leader, aw ay from being deployed, 
is still betting that be cmy out; “Ibis devaluation is what 


-which was to have been in put it; “CSdras has the guns, 
(here in May to help stop You cannot go and tell him to 
rm ggHng, was still weeks leave and expect to continue to 
from bang deployed. operate. He would just laugh at 


State-run television said that 
Finance Minister Rigaud Du- 
plan would be succeeded by 
Georges Henri Fils and that 
Commerce Minister Jean-Rob- 
ert Delsom would be replaced 
by Roger Lange- 


Cfedras, Haiti’s mflitaiy leader, away from bring deployed. operate. He would just laugh at Georges Henri Fils and t 
is still betting that be cmr out: - “Ibis devaluation is what ns.” Commerce Minister Jean-R 

last the detetnririatiaa cS the waUaHus^’’ said a businessman Businessmen have warned ert Ddsoin would be repla 
United States and United Nar with dose ties to the military. Colonel Francois and other by Roger Lange. 

tions to fame his resignation “No one can survive this, and ... 

along with those of his chief of we can take no corrective mear 

staff. Brigadier General Phi- sures becanse, with the embar- -»T rt - T1 App A nni 1 

UppeBiamby, rad theFort-au- flp, we have no economy to re- "[Q J'gV |/U 1)1111011 

Prince pdice c‘ icf, lieutenant • 'rtye. J 

Gentacal Joseph MBchd: Fran- . 'What .factories there were « 1 -r -rmj p tv j • 

^ oiom ^ Owed UN for Peacekeeping 


Prince police chief^ Iitaitenaht • viw 
General Joseph hffchd/Fran- - . t 
Qois. . hav 

To farcc the mflitaiy to step i&g 


U.S. to Pay Off $1.2 BiUion 


aside and allow the retum ta ule. Most stores, with a dwin- 
Prerident Jean^Bertrand Am-, dhag sapply of stocks, are opera 


Away From Politics 


• A Ptfflridpte bos driver was teSed on assanh charges and 

suspended from her job for. slashing thefact of a deaf, mute 
passenger, offidals said. The victim, Kevin DeFrancisco, 38, 
was shewing his disability card to qualify fca- a reduced fare 
and repeatedly toadied thedijver’sshouMcre in an attempt to 
couuxnmicate, vritaesses said . . r ’ 

• A volunteer fire fighter was tilled near Sams Valley, Oregon, 
when flames erupted in the area where he was using a tractor 
to cut firebreaks tobdp contain a 4 J 500-acre wildfire that had 
advanced to within two utiles of the town. More than 100 
homes were evacuated. 

• AWefls Fargo drira - was kflkd and his guard wounded near 


Agatae france-Pretx 1994 and advance $300 million 

UNITED NATIONS, New for 1995. 

York — The United States will Total U.S. debt to the UN for 
pay its 51-2 billion debt for both peacekeeping operations 
p^ar^if Bg pmg operations to the and regular budget costs ex- 
united Nations in the next few ceeds $1.4 billion, according to 
weeks, the U.S. delegation an- UN estimates. 


nouneed Friday. 
President Bill ' 


The United States is the top 
Clinton was to UN debtor, ahead of Russia, 


. Am the necessary authorization which owes $630 million, 
papers in the next few days to Washington foots the lull for 

unblock funds which win be about 25 percent of regular UN 
disbursed in several tranches budget funds and more than 30 
before early October, the dele- percent of international peace- 
nation said. keeping efforts. U.S. lawmakers 

That would wipe out Wash- regularly complain that the 
ingtim’s $950 million peace- U JS. contributions are too 
keeping debt through the end of steep. 


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Albuquerque, New Mexico, when two aimed men fired at 
least 40 sboc into a rented van being used in place of an 
armored car. No money was taken in thc ambusb. 

• A hurricane lashed the U-S.*taeM Johnston Island, about 700 
miles southwesrof Honolulu, with lOO mfle-an-iour winds 
and 20-foot waves after army officials bad evacuated nearly 
1, 100 people and shut down a chemical-weapons incinerator. 
The storm, designated John, passed about 15 miles north of 
the island. 

• Three hundred sheriff officers should be dismissed be- 
cause they were hired even though ibe^had flunked the entry- 
level employment exam, said. Sheriff Michael Sheaban of 
Cook County, Illinois, which includes Chicago. He said many 
of the officers had their test results falsified and were given 
their jobs because of political favors - they did during the 
tenure pf tbeprevious,^ Republican sheriff. . 



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Page 4 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


‘It Is My Destiny to Go Now’ 

Desperate Cubans Press Ahead With Exodus 


The Guantanamo Base 


Existing refugee camps and 
those under construction will 


j be able to hold at least 


By Maria Newman 

ft’eiv York Tina Semen 

HAVANA — Neither the fierce rains whip- 
ping the palm trees nor the deterrent measures 
taken by President Bill Clinton were going to 
keep Juan Carlos Gonzalez from making another 
attempt to take to the sea in search of a new 
future in the United States. 

In fact, thousands of people like Mr. Gonza- 
lez. fearing that this might be their last chance to 
leave the country, are speeding up their exodus, 
rather than hesitating over the uncertainty of the 
voyage. 

“Maybe if I wait, things will change here," he 
said. “Maybe things will improve economically 
here for people. Or maybe tomorrow they will let 
me leave on a plane. But I think this is the 
moment. It is my destiny to go now.” 

Ail along a stretch of the Cuban coast, from 
the Malecdn in central Havana to Cojimar, sev- 
■ral kilometers east, where Mr. Gonzalez was 
waiting, small clusters of Cubans could be seen 
Thursday bobbing in the water. 

Others were on the beaches, bartering for 
provisions and making final arrangements to 
leave, rather than waiting for a change in either 
the weather or politics. Bad weather was predict- 
ed through the weekend. 

Mr. Gonzalez first tried to leave a week ago, 
when he and five friends boarded a boat crafted 
of inner cubes and boards. After almost 40 hours 
at sea they were out of water and food. One 
became ill, saying he was hearing voices and 
insisting that he could walk on the water. With 
no rescue boat in sight, the dejected group decid- 
ed to turn back. 

A worker in a perfume and soap factory, Mr. 
Gonzalez earns about S3 a month and makes 
candies on the side to help his household of six, 
including his parents. As the youngest son, he 


has an obligation to try to find a different life, he 
said. 

And so on Thursday he looked again toward 
the treacherous sea. Along the beaches In Coji- 
mar, many people were aware of the dangers and 
said they had seen bodies washing ashore. But 
Mr. Gonz&lez was determined to go. 

“To me the most beautiful thing in the world is 
Cuba,” he said softly. “Bui truthfully it hasn’t 
worked. I don’t know if it is the fault of the 
United States or of those who govern us here. 
Politics don't interest me. I only want to provide 
a good life for my mother and myself.” 

Every day those who want to leave are becom- 
ing more brazen about their attempts — leaving 
in broad daylight, in view of the lovers strolling 
along Havana’s seaside boulevard, in sight of the 
foreign tourists who axe a mainstay of the 
economy. 

A downpour drenched Havana by at midday 
on Thursday, whipping palm trees in high winds 
and forcing those on the beach to take cover 
under the canvas sails they had planned to use at 
sea. By late afternoon the skies were still gray, 
but the ocean looked calmer, and there was more 
talk of setting out. 

Most people on the beach said they knew they 
could end up at the Guantanamo Bay naval base 
or another military camp. They said they knew it 
might be weeks or months before their applica- 
tions for asylum would be granted. But for most 
it was almost an irrelevant point. 

“The most frightening choice would be to stay 
here,” said a man who would only identify him- 
self as Rodolfo. “You don’t know hell until 
you’ve lived here.” 

He said that this month the government had 
provided each member of his family with a 
quarter-pound of pork. “It had been years since 
we bad seen pork," he said. His family subsists 
on rice and soy beans, usually cooked without oil 
because that, too, is scarce. 


60.000 refugees. As of 
Wednesday morning, 
about 17,000 refugees 
were housed a t the 
base. 


■v-Ti-?:* 




::w 


AUTOS: 

Back to Bastes 

(/wtf ipned from ftp I 


■ -3 


t . • ■“} ■ ^ ? 

C r • r" .../■■■■ 


■'s, 


( Y _ SJ_. 


14545 Haitians are there now; 

this abandoned airfield can hold 
23,000. 






i ( 


Cuban refugee camp under 
construction; w» hold at least 
10 , 000 . 


cars that have done well include IVTirt^nflTl 

Mazda’s Famflia known m the ■ IT 111 IJJuilcULl 
United States as the Protege. v “ 

Sssffi? ® State Units 

The auto companies are re- 
acting to changes in Japan's mam 

automobile market Sales of aBUJA, Nigena-- General 
new cars here have declined for Sani 

three years, though there are dismissed directors ™ ah 
signs that the downturn is end- government companies ana 
inp with Japan still in an ect>- g omcies with immediate effect 
nnmir. sl ump , people here are ^ Friday, an official statement 
looking for less expensive care 3 ^ 


Fefiy "J 


Leeward Point Field f. 


y- \ |J i 2593 Cubans are there now; 

X /~fj i the camp can hoW at least 

10500. Other camps are under 
construction tn this area to 

Li/jSSteto* house at toast another 17,000. 


Caribbean Sad " 


Docks where refugees ante ^ 

- — = j. — ■—ryrrrrre . - V' 


The New Ywi Time* 


than they sought during the 
boom of the so-called bubble 
economy in the late 1 980s. . 

But the same lessons will be 
applied to the models sold 
abroad, where Japanese cars, 
esped&QY at the low end of the 
market, have become less com- 
petitive in die last two years, in 
part because the Japanese yen 
has become more expensive m 
relation to the dollar. 

The cost-trimming may be- 
come apparent with the rede- 


CUBA: U.S. Tightens Sanctions as Refugee Flood Slows %“V cha , who is 


Controlled fnw Page 1 
and academics also criticized 
the administration’s refusal 10 
bold broad talks with Havana. 

The group, organized by In- 
ter- A men can Dialogue, a 
Washington research center, 
was headed by former Attorney 
General Elliott Richardson and 


Mr. Clinton met his top for- 
eign policy advisees for an hour 


CSmton Friday included Secre- 
tary of State Warren Quristo- 


to tanr about Cuba and other pher and National Security Ad- 
to pi cs. His aides gigwaiad no viser Anthony Lake, both 


change in the U.S. refusal to 
hold talks with the Castro goy- 


retuming from vacation. 


“Now toe Japanese are real- 
izing that despite the yen being 
at 98, they stffl have to have a 
substantial presence in the low- 
priced car market,” said Chris 




eminent except for periodic dis- day for a vacation on the Mas- n „ s»nt*XiL Cali- 

enssion of immigration matters, sachusetts island of Martha’s suiting firm tn Ana, 


Yehoshofat Harkabi Dies at 72, 


was headed by former Attorney cession »f immig ration matters, sachusetts island of Martha: 
General Elliott Richardson and “We have made it dear that Vineyard. 

included McGeorge Bundy, we are willing to discuss 

former Deputy Secretary of through the appropriate chan- ^ ■ . r 

State John Whitehead and Ar- nds the whole issue ofi mm igra- Iran UppOStuOn Group 

gen Una’s former president, dan,” Mr. Clinton said. PpAiHBmwM Abrrud 

Raul Alf onsin. Mr. Castro wants talks over Keorgamzes ADroafl 

Reuters reported from Wash - the long-standing trade embar- NICOSIA — Iran’s opposi- 


fomiaL shood" K. O. ‘Abiola, the pre- 

He said that while Japanese mmfV \ w^ner of the annulled 


Raul Alfonsin. 

Reuters reported from Wash- 
ington: 

President Bill Clinton said 
Friday that he was encouraged 


go against his country. The tian Mujahidin Khalq group 
White House press secretary, said on Friday it was dissolving 


Ex-Israeli Intelligence Chief 


Dee Dee Myers, said that _ in- most of its offices abroad as 


small cars were at least $1,500 
more expensive than compara- 
ble American models, the new 
models to be introduced start- 
ing next year would erase the 
price gap. - 

In the American market, Jap- 
anese automakers took their eye 
off the low end as they moved 


poll, who is facing treason 
charges for proclaiming himself 
president. 


that the number of refugees was stead of talking to the United part of a reorganization aimed 9r , iow 85 J“r v 7" 

rfrm/n and said the weather States. “Castro needs to have a at widenme its snooort base. into lnxmy and sports cars, in 


The Associated Pros 

JERUSALEM — Yehosho- 
fat Harkabi, a former army in- 
telligence chief and the first 
leading figure to emphasize Is- 
rael’s need to solve the Palestin- 
ian problem, died Friday. He 
was 72 years old. 

A-- an acclaimed authority on 
Middle Eastern affairs and a 
professor of international rela- 
tions at Hebrew University in 
Jerusalem, Mr. Harkabi was an 
adviser to several Israeli lead- 
ers, including Prime Ministers 
Yitzhak Rabin and Menachem 


each other and began the pro- 
cess that led to Palestinian au- 
tonomy in the Gaza Strip and 
Jericho in May. 


After the 1967 Middle East 
war, the hawkish academic 
joined other Israeli military an- 
alysts in playing down the need 
to negotiate with the Arabs, ar- 
guing that the war victory had 
proved time was on Israel’s 
side. In 1969. he was the first to 
translate the Palestine National 
Covenant, which called for the 
destruction of Israel and the ex- 
pulsion of most Jews. 

A few years later, in the wake 
of the 1973 Mideas! War, Mr. 
Harkabi reversed direction and 
became one of the first Israelis 
to call for negotiating with the 
Palestine Liberation Organiza- 
tion. His writings were de- 
scribed as prophetic by govern- 
ment minist ers in 1993, when 
Israel and the PLO recognized 


Dana Adams Stimridt, 78, 

A Reporter for N.Y. Times 

NEW YORK (NYT) — 
Dana Adams Schmidt, 78, a 
correspondent for The New 
York Tunes who covered Eu- 
rope, North Africa and the 
Middle East for three decades, 
died Thursday of a heart attack 
at his home in Bethesda, Mary- 
land. 

Mr. S chmi dt was with The 
New York Times from 1943 to 
1972. He won the Overseas 
Press Club’s George Polk 
Award in 1963 for “the best 
reporting requiring exceptional 
courage and enterprise abroad” 
for a series of articles on the 
Kurdish rebels in Iraq. 

Over the years. Mr. Schmidt 
was based in Paris, Frankfurt, 
Athens, Beirut, Jerusalem, Cai- 
ro, Vienna, Prague, London, 
and IsraeL 


cock, died Aug. 14 in London. 

In 1933, she was hired as a 
secretary by Hitchcock, who 
was at work on “The Man Who 
Knew Too Much.” A poor sec- 
retary by her own description, 
she soon graduated to reading 
books and scripts, writing syn- 
opses and contributing to 
scripts. She received her first 
writing credit on Hitchcock’s 
“Jamaica Inn.” 

In 1939, Miss Harrison ac- 
companied Hitchcock to Holly- 
wood, working as his assistan t 
and as a writer on “Rebecca,” 
“Suspicion," “Saboteur" and 
“Shadow of a Doubt.” From 
1955 to 1962, she produced the 
television series “Alfred Hitch- 
cock Presents.” She is survived 
by her husband, the mystery 
writer Eric Ambler. 


down and said the weather States, “Castro needs to have a at widening its support base. mu> J ™ u 7 ana sports cars, in 
“may or may not have some- dialogue with his own people” The Iraq-based group said in ™ bec ^ usc V™" 

thing to do with that.” about democratic and econom- a statement that “offices of the tiny restraints on Japan.s «- 


Continued from Page l 


about democratic and econom- a statement that “offices of tine tiny restraints on Japan s «- p art j n} , Heathrow control zone 
__ would b. set K*- . .. _ 


“We just need to be calm, ic reform. president-elect” would be set 

steady and firm,” he said. *1 “Until be does, there’s no up to organize activities under 
think we will work through it need for a dialogue,” she said, the leadership of Maryam -Ra- 
just fine.” The top advisers meeting javL 


BILL: Health Reform in Trouble 


Continued from Page 1 to “get back to work” on health 

than good? Is it a genuine step ca ?~ ... . 

towarduni versa! average, cvc£ He added. “At some pom t 

if modest? Who bears the bur- ev *P. obstiuctiomst 

den of the changes? What pohtraau lis gran* to hear from 
unmmfi? What indMdiuU? Vote® who Say, T know what 


PILOT: 

Doubt on Suicide 


1980s encouraged the compa- 
nies to use tbear limited allot- 
ment to sell expensive cars, not 
lowpriixd ones. • 

But now, the markets far lux- 
ury and sports cars me sluggjsh. 


Mkrobghts taking off from 
Heathrow: If the world’s busir 
est airport had time for them} 
could fesser airfields say no? , 
But the event required such 
elaborate traffic control mea^ 


And Detroit, helped by the ris- sures — xmcroliglits can 
iqg yen and its own revamping, downed amp ly by a hdiccp 1 


tec’s propdle 
there was no 
posting the flij| 


wash — thai 
uestion of post- 
t. Equally deter- 
mine opportn- 


groups? What individuals? 


_ „ you’re against, but what are you 

A senior White House offi- f or r » 


rial, echoing such discussions, 
said that it was impossible yet 


But if tbc latest polls are to be 
believed, most are also likely to 


UOUOl On O 1 WCMZ 6 has mounted a new attack at the propdfer wash — thai 

r r * f _ , low end with cars Hfce Chiys- there was no question of post- 

CoafinDed from Page 1 ler’s Neon. . posting ^the Equally doter T 

had been reached after exami- “We had what we call Neon mined not to miss the opportu- 
natioa of flight-recorder data ghobk,” said Luke Biercns, an nity were the pitots, including a 
and deteis scattered over a at the factory here in former nurse, twice women’s 

mountainside 35 kilometers (22 ^ ^here Toyota has its world chanqiion of hang-gjid- 
mfles) north of Agadir. he adq uarters and where the in& **o reomtiy gave nncro- 

He said there had been no 4 is K nilt He said that training to King Hussein 


and debris scattered over a 
mo untainside 35 kilometers (22 
mfles) north of Agadir. 

He said there had been no 


to deride what kind of health hear from a different kind of 
care compromise might be ac- voter) ^ one who thinks the 


explosion onboaxdand rejected engineers took apart the 


cep table — saying, in effect, 
that a new bottom line remains 


whole idea has become too 


speculation that there may have lw taryslersubcQim>act, they Auwui\ V ui*HCHiija fi uj' 
been a technical fault. The mo- f OOJtt d that Toyota used as Heathrow’s chief air-traffic 
tive for the pflofs suicide was mawy ^ \q connxments in controller, the microligfais wob- 
not yet known, he added. vdM»rwwn«MiYii<^ bled aloft. It was. a vision 


g, who recently gave micro-' 
jht teaming to King Hussein 
-Jordan. 

eathrov/s^ chiePak-trt^fic 


complicated, too full of traps 


Paolo Vo^poni, 70, an award- 
winning writer and politician, 
died Tuesday in Ancona, Italy, 
of complications after a liver 
operation. 


to be drawn. “You can’t make and too expensive for quick ac- 
that derision in a vacuum,” he hon. 

S£Ud- Aln*aHv that vi«w has rained 


Joan Harrison, 83, Wrote 
FBm Scripts for Hhdicodk 
NEW YORK (NYT) — Joan 
Harrison, 83, a producer and 
screenwriter who helped write 
the scripts for “Rebecca," “For- 
eign Correspondent" and other 
films directed by Alfred Hitch- 


India Censors Ban Gyrations 


JtMWr 

NEW DELHI — India's cen- 
sors, cracking down on increas- 
ing sex and violence in movies, 
have banned pelvic gyrations, 
double entendres, fights with 
chains and stabbings in films, 
the government announced. 


LLUU UCUNUQ lU <* VOkUimi, UC pOU. 

said. Already, that view has 

Paul Begala, a Democratic ctmsiderable ground on ( 
strategist who provides advice H3L 
to the White House, said the In all of tins, there is a good 
pause might give the whole deal of political positioning, 
health care debate a second No one wants to seem to loll 
wind. He suggested that it off the last chances of 
might be useful for everyone care legislation for this s 
inwlved “to step back and cool especially with mid tern 
down.” tions approaching. So ev 


Dt yet known, he added. 
Witnesses who saw Mr. 


places where Onysler used on& Wed atofL It was 4 vision 
■ 1 / straight -from- Hieronymus 


Khyati on the day of the crash Another reason for a return Bosch, vdiose creatures travded 
said he had shown no signs of to basics is that much of the ^ eggshells slung under bright- 
mental cx physical problems, ttew demand for motor vehicles cotored sads- 
Mr. Oualnne said. He said hfr. w® cosne from developing na- Passengers^ stomachs twisted 


Bosch, whose creatures travded 
m eggshells slung under bright- 


Mr. Oualnne said. He said hfr. come from developing na- 
Khyati h«i left a on a turns in Asia and Larin Ameri- 


tekphonc answering Twnrhinr ca, where most people cannot 
arranging to meet a colleague in afford expensive cars. 


to keep up -with their lurching 


Mr. Begala predicted that 
members of Congress returning 
to their constituencies would 
encounter people telling them 


RELIGIOUS SERVICES 


AMSTERDAM 

CROSSROADS INTERNATIONAL CHUR- 
CH IrUa nte norrtna tonal * Evau&at Sw>- 
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KIEV 

INTERN ATIONAL CWSTIAN ASSEMBLY 

caS Pastor Brown (70*3) 244-3376. 

LYON 

LYON OMSTIAN FELLOWSHP.1 be rue 
PI. Bemaix. 69100 VJteuibanne Surefeys 
7£OprL.7eL72X355Z 

MUNICH 

INTERNATIONAL COMMUNITY CHUROt. 
Evnnnaical. Bt*? &sieving. »*wces n Engfc- 
sh4rTspm. SuxJays a Sihuber Sr. 10(02 
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PAR15 end SUBURBS 
EMMANUEL BAPTIST CHURCH. 56 Rue 
des Bons-Raisms. Rueil-Mabnason. An 
Ew a nge fea l lor the EnaSgh spaaWng 
community located In ms weslem 
94SC Wonftpt 1045. CWttw’s 
Otntiand Nuraeiy. YouHmhatre s Dr. B.C. 
Thomas, pastor. CaO 47.51.29.63 or 
47^19 1 5 l 29 far vdormam 
HOPE INTERNATIONAL CHURCH {Evan- 
wfcau. Sen. 930 am. Hotel Orton. Metro 1 : 
Esplanade de La Defense. TaL 47.735354 
or 47.75.1427. 

THE COreBWATiVE JEWISH COMMUNI- 
TY n Pars "AtMi Shafanf rn4es you to jon 
hem for Rosfi Ha s homati and Yam Kippur 
services. Fdt details and seats, phone 
4553*4 j 09 or write AdaOi Shalom. 22 tn. 
rue des Betesftufes, 75016 Pans. 

SAINT JOSEPH S CHURCH (Roman 
Cathohcl. Masses Saturday Evening 
620 om, Sunday. 50, avenue Hoche, Rats 
8th. TdJ 42272956. Uobo: Chafes <te 
Gafe-Qoae. 

SALZBURG 

BETSAN BIBLE CHURCH fa Berea. They 
searched the scretures da#/ 1 Acts 17:11. 
Evangrihal Engfah sense at 1030 am. «eh 
Rasw Dawd fobosten. Fran Joset Strasse 
23. For info cal 43 JCJ 662 45S61 
STRASBOURG 

ST. ALBAN (Aruban) A fE^se des Damrt- 
nre Eurhans: 1030 am. comer BM.de la 
Vidoire 6 me de TUihreredA Strasbourg 
(33J6S350340. 

TOKYO 

ST. PAUL INTERNATIONAL LUTHERAN 
CHURCH, near fidabaahi Sm. Td.- 3261- 
3740 VtoEhpSevctt£3D am. Sundays. 
TOKYO UNION CHURCH, nea Omotessh 
do gutway 3a Tel MXMXH7, W«shp sw- 
vioes Sunday 10SD0 anuonly. 

USA 


THE BHSCOPAL CHUROCS 
OF EUROPE (Angficon) 


PARIS and SUBURBS 

THE AMERICAN CATVCDRAL OF THE HO- 
LY TWNTTY. Srn 9 4 11 amNuse^ du*» 
1 1 am. service. 23, avenue George V, 
Pans 75008 TeL 331 47 20 J7 32. Meter 
George Ver Alma Marceau. 

FLORENCE 

ST. JAMES CHURCH. Sut. 9 am FUs 1 4 
1 1 am. Wfe n. Via Bernardo RucsSai 9. 
50123. Roraxe. ttaV. T«L- 39552944 17. 

FRANKFURT 

CHURCH OF CHRIST TFE KMG (Episco- 
paVAngfcan) Hcty Ccnvrwnfan 9 & 11 
am. Suvlay School and Ninety 10*5 am 
Sebostan Rm3L 22. 603Z7 FtarMui Ca- 
many. Ut . 2. 3 Mfouet-AAee. Teh 49169 
5501 34. 

GENEVA 

EMMANUEL CHURCH. 1st, 3d & 5Rh Sun. 
10 am Eucharc* & £hd&4ft Suv Momng 
Prayer. 3 rue de Manfroux. 1201 Geneva. 
Sartzerfand. TeL 41/2273280 78 

MUNICH 

THE CHURCH OF THE ASC0GON. 9un. 


BUDAPEST 

ktomrtfcaial Baptist Fefcwd^iLEBnto u. 5P 
fanefo etOance Tapcteanyi a 7, inmerSaefe 
behind fortertranc^lMO Bfafe Oato. Bib 
pm. Pastor BobZbrdsn.TeLH561ia 
Readred bybus 11. 

BWlffA W A 

INTERNATIONAL BAPTIST CHURCH. 
World Trade Carter, 36, Dratan Tzartov 
BM. WtaraWp IIAXJsrmOiAe. Paator. 
Tet 704367. 

OEUE/HANN0YER 
INTERNATIONAL BAPTIST CHURCH. 


ZURICH -SWITZERLAND 
INTERNATIONAL BAPTIST CHURCH aJ 
WSdewl (ZurichL ftrsertwgsar. *. 8820 
WBdenswUL Worship Services Surday 
imrangslIDU TeL: t-724 2862. 


ASSOC OF MFL CHUROCS 
JN EUROPE &N8DEAST 


WOSnien Strasae 45. Cafe 73CD Woaha 
14tX) Bfate Study. Pastor Wert CampbdL Bl 
(05141)46416. 

DARMSTADT 

OAI«SlACrreBERStACrTBAPTISrMS- 
SON. 6fafo study « WwsT* Sunday 1U33 
tun S a d fafeaiun OBCactel B uw M fc 
22. ESbte study 930. worahip 10:45. Pastor 
JbnWjfab. Tel: 061 55600821 6. 

dOsseldorf 

mSWATIONAL BAPTIST CHURCH Erv 
g&L Worship and Cbidren s Ouch Sin 
days at 1230 pm. Meeting temporally re toe 
Evangel** - FreMrtMrfto GerwidB In Ra- 
bngen, Ge tm ary (Kaisedjerg 11L Fxrc rdty 
™*whp. AM denonteatims Mnont Rsr 
fat tier WoBT tt fa n caftre pastor Dr. WJL Da 
Lay. TeL 0211 -400157. 

FRANKFURT 

INTERNATIONAL CHRISTIAN F5XOW- 
SHP Evangabt/r r iBAii/EUre Gemainde. 
SodenerW. 11- 18,638 0 Bod Honfaug. pho- 
neffasc 061 73-62728 serving tn Fnartc fa l 
and Tauras areas, Germany. Sunday mo r- 


1 1 45 a-m. Holy Eucharist and Sunday 
Sdioot Afarsery Cam proofed. Seybotfstres- 
se 4. 81545 mnch (HariatTmg), Germany. 


se 4. 81545 Munch (HariatTmg), Germany. 
TeL 4989 64 8 ■ 85. 

ROME 

ST. PAUL’S WITH IN-THE-W ALLS, Suv 
850 am. Holy Etxherrsl Ris 1: 1050 out 
Choral Eucharist Rte ■: 1030 am. Cluch 
SdBd for cMdren S Nuoary care prefadect 1 


SdBd for cNdren S itaary care provided; 1 
pm Sfaafeh Euchanst VaTfepdl 5 Bl OOW 
Rom. TeL 396 408 3339 or 39B 474 3669. 


Roma TeL 396 488 3339 cr 39B 474 3669. 
WATERLOO 

ALL SAINTS’ CHURCH 19 Sun 9 A 11:15 
am. Holy Eucfurct wth Oddren s Oapei a I 
1 ins Alctfier Sundays; 11:15 am. HeiEu- 
ctewt « Srr*tey School. 563 douses de 
Louvarv Chain. BeUm. Td 332 384GSSS. 
W7E5BAD04 

THE CHURCH OF ST. AUGUSTINE OF 
CAN I bHJURY. Sun 10 am Famly Eucfta- 
risL RarMufer Strasae 3. WM Hdw . Ger- 
many TeL496t1 3066.74. 


RERUN 

AMEKCAN CHURCH IN BERLIN, cor. at 
Cfoy Alee & Rabdamer Sk, SS. 933 am. 
Wfanbfa 1 1 am. TeL 0009132021. 

BRUSSELS 

THE INTERNATIONAL PROTESTANT 
CHURCH OF BRUSSELS, Stnfey SOhtnl 
950am.tedOutfr 

19 (at the InL School). Tel.: 673.05^1. 
Bus 95 Tram 94. 

COPB4KAGEN 

INIERNATTCNAL CHURCH c< Copenha- 
gen. 27 Fanemade. Vartov, near HMu. 
Sludy 10:15 & Worehio 11 JO. Tal.: 
31824785. 

FRANKFURT 

TRNTY ULfTFCRAN CHURCH. Nbefangen 
Alee 54 {Across tam 8uger HoaplaE. Stev 
day Stfnd S33. woshfo 11 am. TeL (OSS? 
509478 or 5 12552. 

G8RVA 

EV. LUTHERAN CHURCH ol Geneva. 20 


care legislation for this session, 
especially with midterm elec- 
tions approaching. So everyone 
wants to seem as flexible as pos- 
sible. 

There is still some small hope 
at the White House that a few 
Senate Republicans might be 
persuaded to vote for a fairly 
substantive bill 

Inevitably, that hope was 
supported by Mr. Clinton's suc- 
cess, on the vital procedural 
vole Thursday in the Senate on 
the crime bffl, in persuading 
Senators John G Danforth of 
Missouri, Nancy Landon Kas- 
sebaum of Kansas and John H. 
Chafee of Rhode Island, all Re- 
publicans, to side with him. 

The Senate later gave final 
approval to the measure and 
recessed until Sept 12. 

Mr. Chafee and Mr. Dan- 


the ew^ig theffighL Whether Japan can still com- 

hfc Khyati had been told 1m pete in the low end of the mar- 


pete in the low end of the mar- 
wwWswitdt from ffiring the open to question. Some of 

turboprop planes Of toe sort he th*. now innrnnnnw rant 


the new inexpensive cars 


died in to Boeing 737 jets, HC ineve tiirir lower prices not 


windi meant a promotion. only through true cost-cutting. 


Tbc Lou don Daily Mail, in a but also by leaving out popular 


t from Paris, said the co 
was Mr. Khyatfs gjri- 


friend. It quoted investigates 
as say j n g they had been argu- Many exetai lives and ana- 
in^ according to the flight n- lysts hoe ray it wifl be difficult 
corders. The re port could not or impossible to cut costs 


meat like radios or air- 
tioners. 


ing, according to the flighi 
corders. The report could 
be confirmed in Rabat 


not or tmpossi 


ble to cut costs 
ake Japan’s exports 
at 100 or 95 yen to 


is . . . before her message was pan s tradition ot Mebme em- 
ail off, it was reported earlier, ptoyment That means manu- 
When she saw that Mr. facturing will continue to shift 
Khayati was vnnkmg imngwi to the united States and other 


maneuvers, she asked what he countries. 


was doing, a source involved in .. . . , , . 

<»« qno«d «- 




of Democrats and Republicans rial and would not be made 
who have been looking for the public. 


elusive middle ground on 
health. 


A few Republican votes for vfctims > to include 
might make it easier for moder- Italians, five French na- 


_ . In the United States, the 

Offiaals raid funeral ntes same Mazda car, known as toe 
mid be held Fnday m Agadir Pn>«*e, is going on sale at 


would be hdd Friday in Agadir 
for the victims, who include 


ate and centrist Democrats, sev- 
eral from the Smith, like Mr. 
CHn ton, to move. 


tionals, four Dutch, two Ku- 
waitis and a German. 


(Reuters, AP) rise. 


Keep up witn tneir mrcnmg 
it people cannot . ^ die pilots, nimble as 

vecars - windsurfers, drifted toe wing- 

>an can still com- sail for balance. Worried pas- 
end of the mar- sengers squeezed their legs 
uestion. Some of tighter around their pilot's 
x pensive cars waist, a clinch known as the 
lower prices riot “nricrolight position” that is the 
rue cost-cutting, only way to accommodate two 
ring onl popular people, 
s radios or air- The outlook brightened for 
passengers from the moment of 

^ I tbe eme^ency landing. The 

Evening Standard’s reporter 
i.'SJS.rSS was aWe to dictate a fresh story, 
. to cut costs shdtering his portable phone 

“a-rw-. 

nearest pub, encouraged by a 
,°L™^ nac carload of airport officials who 
met toon in the Imie with prom- 

So, even though most planes’ 
ere is a ride that radios had been put out of com- 
nudi could un- Trnsa ° fI1 by the rain, the forma- 
tanese industry’s tion pressed on to cross the 
sset: ther»mta- d“nnd — “always a slightly 
afity that gave existential moment,” a pilot 
an edge inthe noted cheerfully. 

It took 12 sunny minutes, 
without anyone needing the fife 
ted States, the jackets. 
it, known as the -In < France, , the Macnrilian 

FE # lt landed at Abbev^in 
at 512,000. Ine Picardy as easily as in toe Kent 
range from the field. Was it a sign of Europe 
ss man the pro- past or Europe-yet- to-come 
lespite the yens that no one was asked for a 
passport? 


ISWMW ^ the flight recorder as savin*. dcr 5 unc the Japanese mdustry’s 

Mr. Chafee and Mr. Dan- Hetephed, “Die, di^the “ostgTOOS^tttoei^mta- 
forth have been part of the so- source raid. Mr. Moufid said f °° raiabihty that gave 

called “mainstream coalition" the recordings were confidea- m ^ 

rtf rVmncniK anH RmnMinmc tiot L. .4. UffiiM o tSirS 


list pace wiu range from the 
same to S400 less than toe pre- 
vious model, despite the yen’s 


«*iip 0ft4S. nwteiy 4- Sund^stftoOi 1000. 
womens bfafe suSn.Hausegre 14 s.Stf>- 


rue Venbne. Smtay vrorshp 930. n Ger 
man 1 lOOfe Ertteh. Tet «R21 31050Ba 


day + VtMwfar 1930. Pastor M. L mvf. 
mantw Euopean Bapfet Oo nw tol “Oe- 
clare Ha glory amongst foei wfam a.* 
BETHS. INTERNATIONAL BAPTIST 
CHURCH An Oarfoiwg 9Z FiarHM a*L 
Sunday mnno Tl DO am andeoo pm. Dr. 
Thomae W.KL pastor. TeL 08964955a 


EUROPEAN 
BAPTIST CONVENTION 


B you wouW Be a tm BOe oouree by mai. 
please artatL LEGUSE * CHRST. PjO. 
Sox 513. Saurion. Indana 47881 USA. 

VIENNA 

VIENNA CHHSTIAN CENTER. A CHARIS- 
MATIC FELLOWSHIP FOR VIENNA'S IN- 
TERNATIONAL COMMUNITY, • Engfch 
Language * T wfefe na nwa fa na L meas at 
HalMBsse 17. 1070 Vbrrd. GtiQpjn. Every 
Sund^TevERYONE IS WELCOME. For 
more t fa ii u fai cat 43-1-31& -74ia 
ZUHJCH-SWTTZERLAND 

ENGUSHSPEAMNG CATHOUC MSSCN 
SI. A nen Krypl. Mnenastrassa 63. Stofey 
Mass: 1130 am. Located near Kreuzpl^z. 
Tram No. 15or11- 


BARCELONA 

FAJTH FELLC/VSHIP INTERNATIONAL 
meets ^ M0 aiTL, Bona Nona Baptel Chtf- 
ch Cariar da ia Quial deBalaguer 40 Pastor 
Lance Baden, Rt. 439-5059. 

BERLIN 

INTERNATIONAL BAPTIST CHURCH. 
B&UU Rdhertug Sv. 13. {Stecffd. SUe 
sut/ 1045. wishp ai 12.00 each Sinday. 
Chafes A v.'artnd. Pastor. TeL 030-774- 
4670. 

BONN/KOLN 

THE WIERNAtiONN. BAPTIST OBJRCH 
OF BONNIKOLN, Rfieinau Srasse 9. KOh. 
Worshfa I M om. Ca/vri Hogue. Pastor. 
TeL 102236)47021. 

BRATISLAVA 

Bite Study n Enc^EA Pafeaty Safest Ctv- 
ch 2m Steho 2 J6-30-)7J5. Contort pastor 
Jceep Kite*. Tefc 31 67 79 

BREMEN 

INTERNATIONAL BAPT^T CHURCH {Bv 
gfeh language) meafe at EvangefethFieM^ 
cMUi KreuzgoneMe. Hohenfahes&assa 
Hamamfiase-Sh. (aran) comer fam 


the Bahnfoq Sunday worcftp 1 7XKt Ernest 
D. Waker. pastor. Tel 04791-12S77. 


D. Waiter, pastor. Tel 04791-12877. 

BUCHAREST 

INTEHNATlOfJAL BAPTIST CHURCH. 
Stpcto P?pa R-jsu 22 300 pm Ccrtarl Pas- 
ta Mite Kerrper. TeL 312 38SU 


GRACE INTERNATIONAL BAPTIST 
CHURCH fadatoB Sir 11, mtS SatOas- 
sen. Kte study Oft®. Wccdte lim Pastor 
RaUHerxte T«L 062?^S295 

HOLLAND 

7W4TTY BAPTIST SS. 930. Worshp 1033. 
nursery, warm te awwl u p. Meets ai 
Btoemcamplaan 54 in Wasunaar. 
TeL 01 751 -78024. 

MOSCOW 

MERNATX7NAL 8APT1ST FEU.OWSHP 
Mtetng 1100: Kn Oarfer B i*Sng IS Due- 
Diuztarnovsfcaya UL 9h rfatf. Hal 6, Mere 
Sa*Ji Bartattriya Raaor Brad Sarney Ft:. 
(095)1503293. 

MUNICH 

INTERNATJONAL BAPTIST CHURCH CF 
MUNCH Hoi&V. 9 Engfeh Language Ser- 
vices. B3te study 1800. Worshp Service 
17m PWDrt phene 6906534. 

PRAGUE 

Hsnatefel Bap« Fetew^te nwfa a toe 
Czedi BapU Ctwreh Viwntete » 68, 
Prague 3. AI mrtra stop Jrtw P otfeteari 
Sunday a m . 11.00 Pastor Bob FunJ 
(02)3110683 

SPAIN 

IAIANUEL BAPTIST. MACRO. ^HAN- 
DS DE TEJADA. 4. B4GIJSH SERVICES 
HajIL 7 pflxTflL 407-4337 or 3CB-30T7. 

WUPPERTAL 

Hemabonai Baptist ChudL Ehgisti. Get- 
nan. Person. Wcrshp 1033 am. Sefetet. 
21. Wuppenat - fiOerfett Af danon toa faa 
irelcoifts. Kans-OwiVT Fraund. pastor. 
TeLOHEMGSBKM. 


non 1 1flOin Engfeh. Tat fQR2] 310S0B9. 

JERUSALEM 

tUTHSMN CHURCH tf8oRedaemer.OU 
C*y. Mwstan Rd. Engteh wooUp Sun. 9 
am. Mare w9foome.TflL»2) 2BKHS. 

LONDON 

AMERICAN CHURCH In London 79 Tot- 
tenham Ct. Rd. Wl. SS at 10 00 am. 
Vforshp at 1100 am. Goodge 9L tote. Trt 
071-5802791. 

PARS 

AMERICAN CHURCH W PARS. Worshc 
lino am G5.0ite tfOsay. Rn 7. Bus 63 
at dbor. Mare Mnafttaneau or tnaSdos. 

STOCKHOLM 

BtilAIAJa. CHURCH, Worship Ctnst tl 
Swedish, Engfeh. or Korean. 11.-00 am 
Sunday. Birger Jertsg. at Kungstensq. 
17. 4€f02.' 15 12 25 * 727 Igi tnoie 

rt e a wa 


BOOKS 


TRUE NORTH: A Memoir 


By JiB Ker Conway. 250 pages. 
$23. Knopf. 


Reviewed by 
Barbara Landis Chase 


Stales to study American history “If material objects were so easi- system for the benefit of the 
at H arvard. Sh e des cribes her ly disposed of ... I wondered causes in winch she bdieves. 
transformation from expatriate how the principle operated in Her fricaidshms also Win to 
to one who belongs, from shy, h u m an relations, and whether reshape the young woman 
young graduate student to sue- the passions of the heart haped earlier by the loneliness 


young graduate student to sue- the passions of the heart 
cessful teacher and admimstra- were . . . subject to a pirnlar 


Her friendships also begin to 
shape the young woman 
" “ by the loneliness 


J ILL KER CONWAY is an young woman to one capable of 
immensely engaging story- tiue friendship and love, 
teller. Her eye takes in every She entices and transports as 


Cor, from a somewhat withdrawn code.” 

young woman to rate capable of Slowly, however. North 


woe^, . . subject to a similar and sadness of hear childhood. A 
oodc. telling passage describes how 

Slowly, however. North miK* diverse groiq> of grad^ 

America begins to fed like rate student housemates meant 


home. Her experiences at Har- to her: We “were like different 
vaxd and later at die University constellations in the night sky. 


detail of her surroundings and she relates new experiences, as vara and later at the Umversty constellations in the night sky. 
experience, and none of those in this lyrical description of her of Toronto, where she moves points of reference, from the 
details escapes her memory, flight from Australia to the whh her new husband, begin to configuration of which we could 


TIRANE 

FfTeRNATKXiQL PROTESTANT ASSEAL 
BLY. tterfencnnaora!& EvtegefcaL Sa- 
wassSui 1930 am. SCO ixm. Wed SCO 
pm. Pnga l/t&yn Shpi TeSFax 35542- 
<2372 cr 23262. 

VIENNA 

VIEWA CCMAJNTTY CHURCH. Strefev 
wwsftip in Engfch 11.30 AM., S"ndav 
school ntfsery, rt eg mu i j . al dauW- 
farB«tom& Ooretnogaan 16 . Iferna i. 

WAKSAW 

WARSAW INTERNA T!OW L CHURCH. 
P&e&rt Engfeh language apatroBC. Suv 
days USD am (Sept*6y). io am. Uuc- 
Aug.}-. Sx*fay Srtiort ass (Setf-Uay) UL. 
Modowa 21. TeL 43^9-79. 

ZURICH 

B*n^WATI»tfL PROTESTANT CHURCH 
Enqfsti apeaMng. worfctfw servee, Sunfev 
School S Nw»ry. Sundays 11:30 a.m, 
SUtaraengasse 25. TeL (01) 2525525 


i mysteries (ri human interact flight gazing out at the stars, 
a. Conway’s earlier memoir, watching the moon come 


tion. Conway's earlier memoir, watching the moon come 
“The Road from Coorain,” re- around the curve of the Earth 


counted the haunting tale of her 
solitary childhood in the Out- 
bade of Australia. 


VgTm^i | Her insights reader fathomable United States: “Ispfflit the kmg change and call forth a new raff- begin to chart our experience 

1 the mysteries of human interac- flight gazing out at the stars, confi dence and an increasing &ee erf tlw internalized presump- 

)il Conway's earlier memoir, watching the moon come comfort wadi her own interests tions of our native worid aboui 

Tie Road from Coorain,” re- around the curve of the Earth and talents. As her professors what was ‘natural’ and *fenri- 

unted the haunting tale of her ... watching first the outlines encourage her academic inter- time."* 

litary childhood in the Out- of the Fijian Islands come up ests, her chosen field of research The major flaw of “True 

ick of Australia. ahead and then, many hours is confirmed: “It dawned cm me North” isthai of its forerunner 

“The Road from Coons n” later, the glorious white- that I could study the fives of “Ihe Road from Coorain.” The 

ntinues in “True North.” This rimmed, vdvety green chain of other women and be taken sea- stray ends before it should. We 

5 begins in 1960 with Con- the Hawaiian Islands.” ousty.” B ecause this was die era know there is more of the KB 

i/s arrival in the United The expatriate sees in a way. in wi nch wom en’s history was Ker Conway stray to betold, but 

those on the inside never can. A jn st begg aring to take off, an we must wait/bopefully, fra the 

a- 1 *!-- in ■ —tel newly arrived graduate student uncommon energy infused her not chapter, in this case, th4 

1EW AUTHORS in Cambridge, Conway partate teaching. _ gog ; <* her years as president of 

PUBLISH YOUR WORK in the csBBtemcnt of a great um- A adan c politics reveals it- Cralege. 

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It said General Abacha had 
dissolved the boards of aU fed- 
eral agenrics and asked the 
scores of directors to turn in 
official property. „ 

Among (Kganizalions affect- 
ed are the Nigerian National 
Petroleum Corp., the Ports Aur 
thraity, National Electric Pow- 
er Authority and many of other 
government agencies. 

"The dissolution takes imme- 
diate effect,” the statement 
said. It gave no explanation for 


widely expected to" reshuffle his 
government soon, is facing an 
eight-week-old strike by work- 
ers in the critically important 
ofl sector. ■ 

The oil unions are demand- 
ing the release and instal l ation 
as Nigerian president of M& 


CROSSING: 

Future Meets Past 


continues m “True North.” This 
leg begins in 1960 with Coo- 
way’s arrival in the United 


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MINERVA PRESS 

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the Hawaiian Islands.” 

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those on the made never can. A 
newly arrived graduate student 


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INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


PftgeS 


A Reprieve for Zaire 


ee 


Panic on French Pullout Ends 


By Keith B. Richbutg 

’ - Wtuhiiigtwi Pm-Smia *'■ 

BUKAVU, Zaire —Tor days 
before France’s unHuiy wito- 
*dnwal from- Rwanda, relief 
workers and Freacfa officers 
-warned that this sleepy town on 
'Lake. Kivu could become. -an- 
other Goma,"Teferring ta the 
^Zairian border town that ; was 
beset by up to mH&tt Rwan- 
dan refugees.; - ; - 

- France did withdraw a week 
ago, but the worst-cast scenario 
•never transpired. =. v.‘. •?- • < r ' 

Refugee s did more' t- teas Of 
thousands erf them os the road 
'toward the border — but omlya 
relative trickle has crossed hub 
-Zaire, about 70,000 since Aug. 
‘15 by Ibritcd. Nations; esti- 
mates. 

- With about 1.2 zmDkm living 
4n the former Frcnch-^jrotcctcd 
•“seeurityzone” of southwestern 
Rwanda, that means a mere 7 
•percent chose to flee their coon* 
Tjjrooco the safety -net was 

dan Hutus still massed at the 
border waiting to exos^.aid 
workers are dedanhg die in>- 
mediate crisis over and breath- 
ing sighs ofrdief. ^ 

“Th ere are imdicatianfrr that 
•the wave of refugees is abatin g 
considerably," said Kris Jaa- 
owski, the spokesman in Boks- 
vu for the UN High Coromis- 
aouer for Refugees. “In a few 
days, the actual crisis of people 
crossing into here may be over.” 

“The demerit bf parachas 
disappeared,” said Kim Gcr- 
.'don-Bates of tbe lntemadonal 
Committee of die Re d Cro ss. ' 
“People don’t fed a burning . 
need to cross the water." . . .. 

Relief officials in Zaire say 
several factors may have con- 
tributed to the smaller; than ex- 
pected exodus. At the same 
time, theycaulionthatthevola- 
tile combination of fear, uncer- 


ed Rwandan Patriotic Front, 
known as. the RFF, would move 
into the area md embark on a 
campaign erf revenge Trillings 
against Hutu heM responsible 
for themassacre of iq> to amfl- 
ticiapeople. 

“Fedple are leaving because 
they are.,afraid they will be 
killed by the RFF/* said an 61- 
-dteriy refugee at the border 
crossing point about 10 kilome- 
ters south eif Bukavo over the 
RuzntiRiver, as be led a truck- 
load of Rwandan Hutus across 
ihebridgemtoZaire. “They al- 
ready penetrate into the zone.” 

But Fiance did leave, re- 
placed by a' contingent of UN 
peacekeepers. And the new 
Rwandan, government repeal 
edly sent assurances that it 
wbuld not send troops into the 
zaneand would keep the area 
dbnjUtarizedforan^ unspecified 
period.' ’ ‘ *" 

Ministers of the new govern- 
ment in Kigali traversed the 
zone, making appearances in 
stadiums and. before large 
groups in several towns, trying 
to encourage people not to 
leave and reiterating the Front’s 
pledge thar only those directly 
mvtrfved in organizing massa- 
cres had reason to. fear. 

V “The RFF didn’t do anything 
sfliy," said the Red Cross’s Gor- 
don-Bates. 'Respite the ru- 
mors, people saw there was no 
reason to fear jthe RFF.” 

..The Red . Cross established 
the Mururn camp near the 
. Rwandan bolder town of Cyan- 
gugu, huge enough to take up to 
. 25,000 people, said it had 
enough food. stockpiled in die 
Rwandan border area to feed 
about 200,000 people for a 
month. The camp, virtually 
empty a few days ago, is filling 
up, apparently with displaced 
Rwandans wbo moved to the 




•—*-»> 


until Rwanda’s political crisis is 
resolved. . 

For days before the Aug. 17- 
to-Aug. 21 pullout, Hutu in the 
Frenchrprotected zone had 
been predicting that: once 
France left, ^thp.Totti-dpariinatr. 


* U.S. to Pull 

Last Unfa; 

c- v-*. — vnr s'-* -•*3-rr .r.cne 

In Sonujka 


border but derided not to cross. A nurse with Doctors Without Borders comforting a refugee Frida}' near Goma, Zaire. 


African Birth Control: A Glimmer of Hope 


"By Errc.Sdumtt. 

New York Times Sente* 

WASHINGTON —With vi- 
olence rising in Mogadishu and 
prospects Weak for brokering 
peace with rival SanraK dans, 
the Clinton administr ation 
plans to withdraw die last SO 
American diplomats arid Ms- 
lines from Somaha by. mid-Sep- 
tember, State 'Depirtmerit offi- 
cials said. ’ " 

The' U.S. ambassador in 
Mogadishu, Damd SSmpson, 
on Friday confirmed die with- 
drawal, Reuters reported. , • 

Thedecafflcmtomovetbctwo 
dozen American diplomats and 
their Marine security-, detail' 
from Mogadishu to „ Nairobi 
writes the final chapter in what 
began as a misrion of mercy for 
the United States in December 
1992 and at its peak involved 
26,000 American trb6ps..The- 
last American, combat forces;, 
left Somalia in March. 

It also cuds a frustrating and, 
at times, bitter debate between 
the State. Department^ which 
feared that puffing out the sym- 
bolic American presence would 
imdCTmixie&e ^opgoi^ United 

security situation. 

With rival dans led by Geu- 
eral Mohammed Faxrah Aidld 
and Mohammed Afi Mahdi at 
loggerheads over any peace 
plan, Washington behoved its 

nmf ntnwK rn KnmflKfl hud ffr ial. 
ly expired. 

. - On Monday, for example, 
Somali tmtttia members am- 
bushed UN peacekeepers - in 
southwestern Somalia, kHfing 
Severn Indian soldiers and 
wounding nine others. Two 
Malaysian peacekeepers were 
kffled and 11 other UN troops 
were briefly detained by Somafi 
militia last month. . .... 

About 18,000 UNtroops, ixb- 
'chiding 10,000 in Mogadishu, 

have been responsible for over- . 

all security for American and 
UN personnel, escorting relief 
convoys and tranaag new So- 
mali police officers. The peace- 
keepers have largely remained 
inside thar compound to avffld 
the fighting outside. 

The surge in violence,.in 
which- scores of Somalis have 
been killed or wounded, has . 
called mto fiwstion the United 
Nations’ ability to stabilize arid 
create a new political structure 

-Trucks'^^^^th heavy 
automatic weapons have ro- 
nmied to the streets of Mogadi- 
shu, and shoot^outsamongTival 
claff members have become in- 
creasingly common, Ameriom ' 
intelligence officials say. ' . 


By Cindy Shiner 
' And Steve Coll 

- WpxMagton Port Service 

. OUAGADOUGOU, B urkina Faso — 
When Salnnata Cisse was 14, she bore her 
first child. By the time she had turned 17, 
she was married. Now she is 35, living in 
squalor amid horses, goats and chickens 
and barely able to breast-feed the youngest 
of her seven children. Her husband has 
fathered 14 children, 7 of them with his 
other wife. He has no job. . 
^Tttwedte'MtB. Cisse has been iellirig 
farnDy-pbrnning outreach workers that she 

This is <moiher hi a series of occasional 
articles dealing iritii the economic and 
sodal callapse of countries in Africa. 

would like to practice birth control to ease 
the financial pressure that more children 
would bring. But she has not dared discuss 
the issue with her husband. Many men in 
tin* largely polygamous country, as in oth- 
er nations across sub-Saharan Africa,, for- 
bid their wives from practicing any birth 
control - 

Some women facing Mrs. Cisse’s predic- 
ament respond by conspiring in secret: 
They quietly visit Western-funded, locally 
managed conics to receive birth-control 
jhBs or less conspicuous contraceptive im- 
plants. 

' Minions Of African women Kke Mrs. 
Cisse stand foday on the front lines erf a 
struggle to control the rate of population 
growth onthe continent 

Populations axe growing faster in sub- 
Saharan Africa than in any other rerioa 
worldwide: at 3 percent annually, which 
translates into a doubling of population 


The challenge is menacing. Food pro- 
duction on The continent is expected to 
grow by oofy 2 percent each year in the 
1990s, at best 

- Grim: as that picture may be, family 
. p lanning jjg one field of development in 
Africa where a growing range of special- 
ifts,btifh Afifefa and Western, see encour- 
aging ehwng ««' The fact that a woman like 


wwiuuaj ua.v vuiauw * rjv, >« «» 

at all to make about modem birth-control 
methods is.itsrikf- a signpost of substantial 
progress, these specialists say. 

Two decades ago, many African govern- 


ments and intellectuals described family- 
planning programs as a racist conspiracy 
' by wealthy, mainly white governments in 
the industrialized world to bold down the 
number of people in the Third World. 

No more. Confronted with swelling 
populations of young urban poor, facing 
widespread environmental degradation 
and shrinking per-capita incomes, most 
African governments have changed their 
tune. Some previously hostile to family 
- planning are neutral today. Other gpvem- 
, ^merits that had .been neutral are now ac- 
tively promoting birth control and smaller 
famines, and they are seeing positive re- 
sults. 

The long, angry debate about popula- 
tion management in Africa “is dying down 
for economic reasons,” said Pamela On- 
yango. a Kenyan family planning and 
health activist. “Land is getting scarce. 
Children are becoming too expensive to 
educate." 

As governments in both Africa and the 
West prepare for the landmark Interna- 
tional Conference on Population and De- 
velopment, to be held in Cairo in Septem- 
ber, “not very many people have realized 
how far we’ve come in the family planning 
area," said Sally Shelton, who oversees the 
office of population, health and nutrition 
at the U5. Agency for International De- 
velopment. 

The agency will spend about $500 mil- 
lion on population programs this year. 
“We’re going into Cairo with a fairly 
broad-based consensus,” she said. “A hun- 
dred percent? No. But a substantial con- 
sensus? Yes." 

The consensus is buttressed by recently 
published evidence suggesting that in at 
tost some African countries — Kenya, 
Zimbabwe, Botswana and Ghana most 
prominently — the beginnings of what 
specialists rail a “demographic transition,” 
or a long-term dechne in population 
growth rates, may be under way. 

Such changes reflect a recent, global 
drift in evidence and theory about manag- 
ing population growth. Earlier, demogra- 
phers assumed mat <mly broad prosperity 
and modernization could meaningfully 
slow population growth, as has occurred in 
Europe during the two centuries since the 
beginning of the Industrial Revolution. 

But recent surveys in poor, politically 
unstab le countries nke Bangladesh, which 
has an aggressive family-planning pro- 


gram, have turned up compelling evidence 
“that birth rates in the developing world 
have fallen even in the absence of im- 
proved living conditions, with remarkable 
speed,” the demographers Bryant Robey, 
Shea O. Rulsiein and Leo Morris reported 
in a recent study publuhed by the maga- 
zine Scientific American magazine. 

Even more recent surveys in Ghana 
make the same point. 

These findings are generating 3 re- 
newed, more technical debale, leading into 
the Cairo conference, about how- best to 
slow Africa's population growth. 

To what degree should resources be used 
to supply birth-control devices to meet 
Africa's huge unmet demand for family 
planning, and to what degree should 
spending and programs concentrate on so- 
cial causes of high birth rates, such as low 
literacy rates among women, poverty and 
the lade of control many African women 
have over ibeir lives? 

Many specialists agree that no matter 
which priority is emphasized, the key is to 
get the program working properly at the 
local lewd. That may require the political 
will, of the host government, still not a 
given in many parts of Africa. 

Such partnerships are much more easily 
desired than achieved, however. Burkina 
Faso offers a dismaying case in point. 

Often, just reaching the rural population 
in Africa is difficult. Transportation is 
poor. Many doctors demand that a woman 
undergo a complete physical exam before 
she receives contraceptives, yet in northern 
Burkina Faso at least 80 percent of the 
pramlatioQ lives up to 13 kilometers (8 
miles) from a clinic. Few people own cars, 
and even bicycles are hard to come by in 
the far reaches of the country. 

Cultural traditions can be just as daunt- 
ing. In many villages, it is taboo For a 
pregnant woman to utter the Dame of the 
child’s father. People rarely discuss sex 
openly. Islam, which under some interpre- 
tations can be hostile to birth control, is 
another heavy local influence. 

Moreover, many women reject birth 
control out of fear that their husbands will 
simply take another wife. 

When women want to terminate un- 
wanted pregnancies, there is often little 
choice outer than seeking abortions in un- 
safe and unsanitary illegal clinics. The re- 
sult: Africa has the highest rate of deaths 
caused by unsafe abortions in the world. 


GORE: U.S. Denies Seeking World Right to Abortion j 


Coatfaaed front Page 1 
taiy abortion is a fundamental 
right of all women." 

Mr. Gore said that although 
the administration does believe 
that safe «wl legal abortion 
should be part Of abroad range 
of health services available to 
wrason, the provision of such 
sendees should never violate 
laws of countries where it is 
restricted. Nor; he said, should 
women ever be coerced, even 
tiutmgh. social or psychological 
pressure, to have abortions. 

. MnGore, whowiH lead the 
US. delegation to the Cairo 
conference, opening Sept 5, 
said he would work to add lan- 
guage to the plan of action mak- 

-^The incidence <rf abortion 
most be reduced," he said. “We 
do not promote abortion.” 

• Citing the administration's 
formulation that abortion 
should be “safe/legal and rare,* 
the vicepresident said the best 

way to make it rare was to make 
contraception easily available 
to couples. . 

“Abortion should not be a 


method of family planning," he 
said, adding that abortion 
“should not be regarded as 
morally equivalent to contra- 
ception," 

That position appears to 


cy." said Bishop James Mc- 
Hugh, the Roman Catholic 
bishop of Camden, New Jersey, 
and a member of the Holy See’s 
delegation to Cairo. “Maybe 
this «a good thing for the Unit- 
ed States." 

Bishop McHugh, who was 
present al preparatory confer- 
ences earlier this year that 
worked out language for the 
draft plan of action, said that at 
dial time the US. delegation 
was “determined and intransi- 
gent" in refusing to add lan- 
ouage that would have said 
abortion should not be promot- 
ed as a method of family plan- 

/^spokesman for the South- 
ern Baptist Convention, one of 
the larger groups that haspnti- 
caed the ILS. position m Cairo 
called Mr. Gore's remarks“dis- 
ingenuous." James A. Smith, 


director of government rela- 
tions for the convention’s 
Christian Life Commission, 
said the new statements dashed 
with what the administration 
has said previously. He died 
the State Department cable. 

- “HI believe it when I see it," 
Mr. Smith said. 

Top Aviation Official 
Removed in Malaysia 

The Associated Press 

KUALA LUMPUR — The 
Malaysian government has re- 
moved its lop aviation offidal 
after a fire damaged a crucial 
radar installation at the Kuala 
Lumpur airport this month, dis- 
rupting scores of flights. • 

The civil aviation director- 
general at the time of the Aug. 
13 fixe, Zaludin Sulong, is wait- 
ing for word of his next post, 
officials said. The fire, which 
knocked out the landing ap- 
proach radar, touched off a 
controversy after rroorts that 
the civil aviation department 
had tried to cover it up. 


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Arms-Maker Remakes Itself 

In the New South Africa, Firm Tries to Adapt 


^ftklhaii Scrau/ Afcncr Frem-Pr?.* 


By BUI Keller 

Sew York Ttmes Service 

JOHANNESBURG — 
Talk about political baggage: 
this company aimed the po- 
lice who terrorized black 
townships. It helped white 
South Africa secretly make 
an atomic weapon. Its biggest 
export customer in sub-Saha- 
ran Africa was the former re- 
gime in Rwanda. It flouted 
international anns-traffick- 
ing sanctions. 

for Armscor, the Arma- 
ments Corporation of South 
Africa, fitting into the 
gentler, democratic South Af- 
rica of Nelson Mandela 
Mould seem to require a tour 
de force of political dexterity. 

And that is exactly what 
the weapons industry here 
has undertaken, recasting it- 
self as a people-friendly gen- 
erator of jobs and technology, 
a proponent of international 
law, and a linchpin of the 
government’s social uplift 
program. 

“Watch it spread the pollen 
and make the honey,” Anns- 
cor says of the industry it be- 
strides, in an ad campaign 
that features cartoon honey- 
bees flitting over a field of 
daisies. 

Already the South African 
weapons industry, for which 
Armscor is the main conduit, 
has won over prominent vet- 
erans of the liberation move- 
ment, who have discovered 
that weapons seem less re- 
pugnant when they are your 
own. 

The most enthusiastic 
booster is Joe Modise, the 
former African National 
Congress guerrilla wbo is now 
minis ter of defense. But Mr. 
Mandela has also conferred 
his slightly more ambiguous 
blessing on the industry's 
plans to increase foreign arms 
sales. 

The fate of the arms indus- 
try has sharply divided Mr. 
Mandela’s party, where many 
new officials favor diverting 
money from the military for 
housing and schools, and 
some are dismayed al the no- 
tion of a worldwide weapons 
trade bearing the Mandela 
seal of approval. 

On Saturday. Archbishop 
Desmond Tutu chided Mr. 
Mandela, like him a Nobel 
Peace Prize laureate, for not 
moving to dismantle Armscor 


Tour Bus Attack 
In Egypt Kills 
Spanish Teenager 

The Associated Pros 

CAIRO — A suspected Mus- 
lim radical opened fire on a 
tourist bus in southern Egypt 
on Friday, killing a Spanish 
teenager and wounding three 
other people, police sources 
said. 

The attack comes little more 
than a week before a United 
Nations conference on popula- 
tion that is expected to bring 
about 15,000 visitors to Egypt. 
Government officials have said 
they hoped the conference 
would help rebuild the coun- 
try’s tourist business. 

The violence was the first in 
three months aimed at tourists, 
who have been targeted by radi- 
cals as part of their campaign to 
overthrow the secular govern- 
ment and install Islamic rule. 

The bus attack occurred near 
Nag Hamadi, about 460 kilo- 
meters south of Cairo. Police 
sources said a 13-year-old 
Spaniard was lolled and his fa- 
ther, mother and an Egyptian 
tourist guide were wounded. 

It was believed that a lone 
gunman was involved in the at- 
tack on the bus carrying 11 
Spanish tourists, the sources 
said. The tourists had been to 
the ancient temple at Dendara 
and were en route to see other 
monuments, they said. 


LE WESTERN 

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Kfj 5k 73 *2 00 

PARK 17th 

ALGOLDENBERG 

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CHEZFRED 

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LE CLOS SA1NTE-MARIE 

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KERVANSARAY 

Turkish & Ml specialties, lobster bw, bei> 
seafood tm tour am, Ih Boer Mehlertt>-9- 
M 5i286d3McBrtmd.0ftn.Opn 
NasrKharfc & 6 p fn.-lo.rn., Stmfay 


and curtail the we u pons 
trade. 

The last few years have 
been rough on South African 
arms- makers, a tight-knit net- 
work of contractors public 
and private, with govern- 
ment-owned Armscor at its 
hub. 

Armscor manufactures 
nothing itself — not since its 
production arm was spun off 
two years ago as a separate, 
state-owned conglomerate 
called Denel, which sells ev- 
erything from bullets and gre- 
nades to tank turrets and 
combat helicopters. 

Overseen by a board ap- 
pointed by the defense minis- 
ter, Armscor now is an acqui- 


Veterans of the 
liberation 
movement have 
discovered that 
weapons seem 
less repugnant 
when they are 
vour own. 


sitions company, h purchases 
weapons for the army and po- 
lice, cultivates the domestic 
industry with planning and 
technical advice, and licenses 
all arms exports. No legal 
arms trade lakes place with- 
out its involvement. 

Since South Africa with- 
drew its army in 198S from 
Angola, where it was fighting 
to overthrow the Cuban- 
backed government, Pretoria 
has cut its weapons spending 
more than 40 percent. 

The industry’s first solu- 
tion has been to turn to for- 
eign customers. 

Despite United Nations 
sanctions against the apart- 
heid government. South Afri- 
ca built a formidable weap- 
ons industry that is the 
country’s largest exporter of 
manufactured goods, with 
more than 5150 million in 
foreign sales last year. 

The largest customers are 
Middle Eastern countries like 
Oman and Dubai, which buy 
artillery and armored vehi- 
cles. South Africa also sells 


technology to the Far East, 
and s mall anas to South 
America. 

With sanctions lifted last 
May, said Tielman de Waal, 
the executive general manag- 
er of Armscor. South African 

exports, now about half a per- 
cent of the world market, are 
expected to double by the end 
of the year, then quickly dou- 
ble again. 

The most rapid growth is 
expected to be in southern 
Africa, where Armscor will 
arrange the servicing and re- 
placement of old weapons 
supplied by the Soviet bloc. 

“These are our natural 
markets, because we’re dose 
by and we have a pretty good 
reputation for quality,” said 
Brigadier William Suss, se- 
nior researcher at the Insti- 
tute for Defense Policy, a Jo- 
hannesburg research 
organization. “If you were on 

you I areeasiy convincedhow 
effective these weapons are.” 

Although industry officials 
say they have little hope of 
capturing much business in 
the advanced and well-pro- 
tected Western markets. 
South African weapons are 
enjoying a new-found re- 
spectability there, too. 

One major impediment is 
the United States, which has 
retained a ban on importing 
and exporting South African 
weapons because Armscor 
and affiliated companies are 
under indictment for smug- 
gling out American compo- 
nents to circumvent sanctions 
against South Africa and 
Iraq. 

Armscor has offered to pay 
large fines to dispose of the 
case, and industry officials 
say the reason Americans 
have refused a deal is that 
they want to protea Ameri- 
can weapons- makers from 
new competition. 

Another front in the indus- 
try’s survival plan is Mr, 
Mandela’s war against pover- 
ty- 

Armscor officials said they 
had approached government 
minis tries and provincial offi- 
cials proposing that Armscor 
become an official acquisi- 
tion agent for purchases of 
medical equipment, vehicles, 
water purification systems, 
electrical generators and oth- 
er goods. 


FOURTEENTH EDITION FUp.Y UPDATED 

FRENCH COMPANY 
HANDBOOK 


7* | V imyjmtu*u mw . ■ 

ltcral o^gfa .tonbunc 


PARIS BOURSE 


Published by the International Herald Tribune. In coordination 
with the Paris Stock Exchange, the 1994 edition Indudes detailed 
profiles of all the companies in the new SBF 120 Index. 

Launched in December 1903. the SBF 1 20 is made up of the 
CAC 40 plus 80 other major firms. Its stocks gained 32.8% last year, 
making these the companies to wadi In the coming years. 

Each profile indudes head office, CEO, investor relations 
manager, company background and major activities, recent 
developments, safes breakdown, shareholders, subsidiaries and 
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Page 6 


SATURDAY-SUNDAY, AUGUST 27-2R, 1994 


OPINION 


Herald 


INTERNATIONAL 



of rihmir Europe: A Sound U.S. Policy of Initiative and Insurance 

-r A cuiMnTnM _ By Harold Brown nanxinmsm is surety discouraged 


pvbushko with the new vork time*; and the washinuttw post 


W ASHINGTON — Henry 
Kissinger, among others, 


It’s Time to Talk to Castro 


Well, why not open broad negotiations 
with the Castro regime? 

The Clinton administration was quick 
to rebuff Fidd Castro’s proposal of multi* 
issue talks on Thursday. Washington an- 
ticipated a propaganda session where Ha- 
vana would offer to keep its unhappy 
citizens from leaving only if the United 
Stales promised to ease its economic em- 
bargo, halt anti-Castro radio broadcasts, 
ana maybe throw in the return of the 
Guantanamo Bay Naval Base to Cuba. 

The administration says immigration 
is the only issue it will talk abouL Wash- 
ington should respond more creatively, 
insisting that any discussion of issues 
between the two countries must also in- 
clude democracy and h uman rights. 

Fidel Castro has had his dictatorial 
way with Cuba for the past 35 years, 
brooking no dissent, turning neighbors 
into spies, and driving many of his own 
people to risk their lives to get away. 
He blames the United Slates for troubles 
of his own making and would sooner see 
Cuba's economy collapse than make con- 
cessions to foreign demands. 

If that kind of behavior disqualified a 
regime from negotiations, Washington 
would never have been able to reach out 
to Mao's China or Kim II Sung's North 
Korea. Neither could it have talked with 
Syria about Middle East peace tenns, 
Bosnian Serbs about cease-fires or Haiti’s 
generals about the return of President 
Jean-Bertrand Aristide. 

In diplomacy, jt is often more impor- 
tant for governments to talk to their ene- 
mies than to their friends. That is bow 
Israel reached agreement with the Pales- 
tine liberation Organization. But for 
most of the past three and a half decades, 
Washington has never seriously consid- 
ered talking to Havana. 

ft ought to consider such talks now. The 


Castro regime's weakness makes this an 
especially promising moment to negotiate, 
if Washington plays its hand effectively. 

Once a genuine menace as a Soviet 
outpost, Cuba has power to influence 
American politics that has outlasted the 
Cold War. Hundreds of thousands of 
Cuban 6migrts are now U.S. voters and 
their most vocal leaders have made any 
dialogue with Cuba a domestic political 
taboo. The administration is understand- 
ably reluctant to challenge that taboo. 


Yet its attempt to improvise unilateral 
responses to the refugee challenge is al- 
ready damaging its own credibility and 
jeopardizing broader American interests. 

For what good cause is the administra- 
tion preventing Cuban-Americans from 
helping their families stretch meager bud- 
gets with dollar payments? Has it not yet 
learned the importance of setting, and 
holding to, its foreign policy priorities? 

The Cu ban- American hard-liners from 
whom the administration is talcing its cues 
want to escalate internal tensions in Cuba 
rapidly in order to force an explosion, and 
perhaps a U.S. intervention, that would 
bring the Castro regime down in flames. 
The administration is not prepared to go 
that far, nor is it dear that such an Arma- 
geddon scenario would serve Cuban de- 
mocracy or America's best interests. Many 


Cuban-Americans also shy away from a 
confrontation that could turn thdr rela- 
tives into sacrificial victims. 

By agreeing to wide-ranging talks with 
Cuba now, and insisting on the broadest 
possible agenda, the United States may 
find it has some bargaining power to help 
Cubans struggling for democratic 
change. Hie alternative is to punish Cu- 
bans and embarrass the United States. 
That would not hurt Fidel Castro nearly 
so much as it would damage Bill Clinton. 

— THE NEW YORK TIMES. 


The Crime-Bill Sausage 


It has been said that the two things that 
should never be watched are the making 
of mneagw and the making of le gislatio n . 
After watching the crime bill maneuver- 
ing in the U.S. Congress for the past few 
weeks, we are prep a red to say that this 
adage is grossly unfair to sausage makers. 

The Senate on Thursday finally moved 
to end the effort of some Republicans to 
deadlock action on a bill that has been 
discussed, amended, debated, amended, 
blocked, amended and finally passed by 
the House only to face more turmoil in 
the Senate. The Republicans opposed to 
the bin were hoping to use Senate rules, 
as they often have this year, to block 
action favored by a substantial majority. 
Deserving of particular praise are those 
Republican senators who broke with 
their party to shut down the absurd and 
obstructionist game-playing. 

None of this is to say that the bill itself 
is so great: It is not It includes a slew of 
new death penalties that have nothing to 
do with stopping the sorts of street crime 
that Americans are rightly worried about 
and some patronage junk and plenty of 
posturing. But it does include a very im- 
portant measure, the ban on assault 
weapons, which one can only hope will be 
a step toward a more rational national 
policy on gun control. The bill also in- 
cludes money for more police on the 


street which is good, and help for states 
on prison construction, and some preven- 
tion programs that cannot be dismissed 
entirely as “pork,” although there is some 
of that left m this sausage. 

S u pporters of the bill have made exces- 
sive rfaims on its behalf. But the contin- 
ued delay being pushed by some Republi- 
cans was endangering the bill's better 
provisions, particularly the ban on 
assault weapons. 

A lot of partisanship was inevitable 
this year, given Republican hopes of 
gaining significant ground in this fall's 
elections (and Democratic worries that 
they might). It is also true that Mr. Clin- 
ton has missed opportunities to reach out 
to potential Republican allies and that 
many Republicans in Congress, especial- 
ly in the House, resent having been frozen 
out on so many issues. 

Nonetheless, the partisan display on 
the crime bill was ridiculous. In the Sen- 
ate, it appeared that the Republican lead- 
er, Bob Dole, who can be an effective and 
fair-minded legislator, yielded strategic 
control to Senator Phfl Gramm of Texas, 
his potential 1996 presidential rival, who 

E refers to bum the house down. In this 
aide, the Republicans have damaged 
Mr. Clinton and the Democrats but also, 
we expect, themselves. 

— THE WASHINGTON POST. 


Nasty, Sloppy, Ineffective 


The U.S. Congress heads out on vaca- 
tion not having passed a health care bill, 
but that is hardly all. It has not passed 
any other significant legislation this year. 
It will have another month, an extremely 
crowded one, when it comes back after 
labor Day, and the final weeks tend to 
be die busy ones in any Congress. A lot of 
business may be transacted then. So far, 
however, the record is as dismal as in any 
legislative year in recent memory. It is 
back to gridlock, or so it has seemed 
lately — but of a nasty, internecine kind 
that makes the Bush administration seem 


like a checkers game by comparison. 

The president and this same Congress 
did pretty well last year, their first in 
office. They moved to reduce the deficit, 
restore the tax code's cutting edge, revive 
and expand assorted programs for the 
poor, restructure college student aid, 
adopt a national service program, pass 
the family leave bill and approve the 
North American Free Trade Agreement. 
Not bad. But this year? 

The health care bill is stuck, of course, 
but health care is hard. Campaign fi- 
nance reform is also stuck, and it ought to 
be easy. Congress passed the present bill 


This Congress is supposed to approve 
the new international trade agreement It 
has not done so. Who knows if there will 
be time? A bill to modernize federal regu- 
lation of the telecommunications indus- 
try is in an uncertain state. Welfare re- 
form has been put off. A housing bill may 
or may not pass; no matter that it would 
make overdue improvements in aspects 
of public housing policy that members of 
both parties constantly deplore. A bill to 
reauthorize the main forms of federal aid 
to education — surely a Democratic Con- 
gress can do that — has only recently 
been sent to conference. 

A proposed strengthening of the Clean 
Water Act has been shelved; so also a 
proposal to straighten out the regulation 
of pesticides, a chronic mess. A restruc- 
turing of the inaptly named Superfond 
program for toxic-waste cleanup may or 


may not pass; it has been dragged out 
until there is barely time. The safe driok- 


a couple of years ago, when they knew 
that President George Bush would veto it 


that President George Bush would veto it 
It is not complicated. It is just that legis- 
lators don't want to do it A lesser ethics 
bill having to do with lobbying disclosure 
and the plying of members and their 
staff 5 with gifts is also still hung up. 


until there is barely time. The safe drink- 
ing water bill is stalled; mining reform is 
hung up in conference. 

Not even the annual defense authoriza- 
tion bill has been passed in final form, 
and only two of the 13 regular appropria- 
tions bills have been signed. Sure, legisla- 
tors will complete work cm these and no 
doubt some of the rest before they are 
done. But what a dilatory, sloppy dispir- 
iting process it is. Both parties bear then- 
share erf blame. No one either in or out of 
Congress can be proud erf this. 

— THE WASHINGTON POST. 



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W' VUUU* 


YY Kissinger, among others, 
has argued that Clinton adminis- 
tration policies are eroding the 
Atlantic alliance and turning 
NATO into an empty shelL This 
is wrong, but it does raise impor- 
tant issues about the altered secu- 
rity landscape in post-Cold War 
Europe, tne principles that 
should guide U.S. policy there 
and what alternative policies 
might be adopted. 

The principles of the Clinton 
adminis tration are in fact sensi- 
ble, and its policies have worked 
rather welL The basic issue in 
Europe is how to maintain, adapt 
and augment the essential institu- 
tions of trans-Atlantic security — 
most erf all NATO but also the 
European Union and its adjuncts 
— to the changed situation in 
Central and Eastern Europe, in 
Russia and the other states of the 


Clinton has taken the initiative in 
addressing that issue and those of 
NATO structure and the alliance 
role in and beyond Europe. 

At the NATO summit meeting 
in January, Mr. Clinton noted that 
the affiance's role is critical in the 
task of extending security to the 
new democracies. With U.S. lead- 
ership, NATO moved to do so 
through the Partnership for Peace, 
winch gives members and poten- 
tial members the chance for practi- 
cal experience in military coopera- 
tion without waiting to resolve the 
debate over NATO expansion. 

It tailors the relationship with 
NATO to the condition of each of 
the partners, thus avoiding the 
premature drawing of new lines. 
Russia is a partner, though it wiQ 
not, in my view, ever become a 
NATO member. The admmistra- 


expand to some “partners” and 
not others, and NATO’s relations 


pansionism is surety discouraged 
by Russian knowledge mat it 
would result in anew Cold War m 
circumstances far less favorable 
to Russia than prevailed in the 
struggle that had such catastroph- 
ic consequences for h. 

But more insurance is needed, 
and it is provided by the U.S. 
commitment to European securi- 
ty, evidenced by the continuance 
of a strong U.S mffitary presaice 
in Europe and reaffirmed in two 
Clinton budgets. The initiative, 
and considerable flexibility is pro- 
vided by the Partnership f° r 
Peace; Mr. Clinton’s $100 nritfion 
for partnership initiatives is a sig- 
nificant down payment of re- 
sources to support the cooperation 
of NATO and partner militaries. 

Both initiative and insurance 
are evidenced by U.S. coopera- 
tion in strengthening the Europe- 
an pillar of NATO in the fonn of 


not others, and NATO’s relations 
with nonmember partners 
through and beyond a transition 
will need to be worked out in the 
context erf events. That context 
will include the economic rela- 
tionship of Central Europe to the 
European Union. 

For the next few years at least, 
the political evolution and the se- 
curity of Pdand, Hungary, the 
fWh Republic and Slovakia de- 
pend most of all on their internal 
stability and in turn at their eco- 
nomic prqgresx The most impor- 
tant external influence on that 
pr ogres s is the European Union’s 
acceptance, first of their products 
and than of their memb ership . 

The wisest U-S.pofiqr is one 
that combines initiative and in- 
surance. A revival of Russian ex- 


the Western European Union aM 
of the Eurocorps- . . „ 

And two US- uutiatives duEmg 
the past 18 months^ ja»“J 
with Russia in converting fisson- 

Se material from wea^tsm 

Russia and Ukraine to Pfcrful 

useTand encooragmg Wan 

participation at Group <* Seven 
meetings — are examples of m- 
oentivK for Rnssia todw^ea 
oocpoativc path, induduania* 
b£s£p in tire Partnmtap for 
Peace. On the central issue of 
trans-Atlantic and Europwn se- 
curity, the C3mton administration 
has done quite well; it need Ml 
apologize to its predecessors or 
to the American people. 


The writer, defense secretary in 
the Carter administration, is a 
partner in a venture banking firm, 
ffe contributed this comment u> 
The Washington Post 


former Soviet Union. 

None of us can be certain 
where Russia’s evolution will take 
it. Some expect it to become a 
large but peaceful member of a 
cooperative international security 
order, others, a resurgent and ex- 
pansionist state seeking to domi- 
nate its neighbors. The principle 
the Atlantic alliance — and the 
United States, as its leader — 
should follow is to be prepared 
politically and militarily to ap- 
pose anc deter an expansionist 
Russia should it develop, while 
avoiding actions that unduly in- 
crease the likelihood that it wQL 

Most Central European and 
former Soviet nations also face 
alternative paths: toward West- 
ern values and practices or to- 
ward authoritarianism, statism 
and poisonous nationalism. 

The balance for U.S. policy is 
not easy to strike, especially in 
dealing with the Central European 
states, whose history and geogra- 
phy — between Germany and 
Russia — do not, to put it mfldly, 
make them naturally secure. The 
Bush administration, which 
should be commended for its han- 
dling of the events of the reunifica- 
tion of Germany and the collapse 
of the Soviet Union, never faced 
up to the issue of post-Cold War 
security relations east of the new 
German border. President Bin 


tion has rightly been ambiguous 
on that question. But as Mr. Clin- 
ton stressed in Warsaw, Russia 
will not have the right to veto, 
comp r o mise or threaten the Inte- 
gra turn of any of the new democ- 
racies into Western institutions. 

Speaking to the Polish Parlia- 
ment on July 7, Mr. Clinton ex- 
plicitly rejected a “gray zone" of 
uncertain security for Central Eu- 
rope’s new democracies and af- 
firmed that NATO’s expansion 
was no longer a question of wheth- 
er but of when and how. 

Those who argue that the when 
and bow are full and iTwwwtiate 
NATO membership should say 
for which nations those condi- 
tions apply. And they should ex- 
plain their confidence that the 
U.S. Congress, tire parliaments of 
the 15 other NATO members and 
the NATO publics are prepared 
to extend credible guarantees to 
the newcomers that an attack on 
one is an attack on att. 

They should ai«n explain what 
effect the drawing of such a line 
would have on the relationships 
between Russia and the other na- 
tions on the far side of that line. 

NATO membership should not 
be automatic for any country. 
Democracy, a market economic 
system and a responsible security 


Cuba: Clinton Can Got Out of the Hole 


By Pamela S. Falk 


N EW YORK — President Bill Clinton has 
backed himself into a comer. As thousands flee 


policy are appropriate criteria. 
How and when to expand, how to 


_L v backed hims elf into a comer. As thousands flee 
Cuba on leaky rafts, the president has just three 
choices, all unpalatable. 

He can abandon his new detention policy and 
admit arriving refugees. He can lift the embargo 
against Cuba, easing some of the island’s economic 
woes. Or be can escalate tire raft wars with a full 
naval blockade erf commercial shipping to Cuba. 

Of these choices, only the first makes sense. 
Lifting the embargo now would enrage Cuban ex- 
iles in Florida and elsewhere, because it would 
strengthen Rdd Castro’s hand. A naval blockade 
would enrage U.S. allies that trade with Cuba. 

instead, the president should fortJirightly re- 
nounce the detention policy; stem the tide of refu- 
gees by reinstating the payments ti*** exile families 
m the United States can make to their relatives in 
Cuba, and ease tire burden on Florida and other 
states by picking up resettlement costs. 

The detention policy has not decreased tire flow 
of refugees, nor is three any sign that it wilL The 
pediey is cnid to refugees and their families. It holds 
no prospect of creating a tiadreboxin Cuba, speed- 
ing Mr. Castro's departure from power. Aud it 
burdens U.S. taxpayers. 

Nor can the United States have much hope of 
returning the refugees to Cuba. As a Cuban official 
told me recently, Mr. Castro is not likely to take 
back a angle Cuban who left. 

To dig hims elf out of this bole, Mr. Clinton needs 


to start tfiitiVfng of this crisis as a foreign policy 
issue, not a domestic political one. When he does, 
several thin g* will become dear. , 

First, tire more in formation that is allowed mto 
and out of Cuba, the better. U.S- news organizations 
would like to open bureaus in Havana, and the 
necessary laws have been passed by Congress; the 
approval process should be expedited. . 


tire United States needs to begin talking 
Mr Castro. If it does not. things could 


again with Mr. Castro. If it does not, things could 
get worse in a hurry, as they did in 1980. 

Even with the trade embargo still in place, it 
would be strange, if the Clinton administration 
could not even get to the level of negotiations the 
Reagan admmistratian achieved — talks that led to 
agreements on immigration and nuclear energy and 
cooperation on drug traf fic ki n g. 

Third, the United States should find ways to 
encourage Mr. Castro to step aside peacefully. But 
he needs to be coaxed, not pushed, or a new trader 
could ^mpay from the Cuban miHtaiy who is as 
oppressive politically as Mr. Castro is. 

To encourage a transition to responsible leader- 1 
< hip aHmfni.trir arirm should quietly pursue PCgiQti- 
ations with Cuban leaders as well as dissidents. 

Mr. Clinton must lode beyond this crisis, focus 1 
on the long-range foreign policy issues and let 
tire negotiations-begin. 


The writer, former staff (tireeior of the House Foreign 
Affairs subcommittee on the Western Hemisphere, is 
author of “Cuban Foreign Policy: Caribbean Tem- 
pest" Site contributed das to The New York Times. 


In the Population Debate, Think About Life and Not Just Birth 


B IN1 CALAF, Minorca, Spain 
Prosoects for the United Nati 


U Prospects for the United Nations 
population conference in Cairo next 
month have dramatically chang ed from 
a useful global assessment of how to 
match demography and resources to an 
ominous donnybrook. 

This holds threats of ideological, polit- 
ical and social disaster on a world scale: 
The issues, and the facts, have been va- 
porized by emotional steam released not 
only by traditionalists insisting on bibli- 
cal strictures to “multiply" but by mili- 
tants insisting on women's right to deride 
alone. They have lost right of the point, 
which is improving humanity’s healthy 
survival chances. 

The seemingly tactical alliance be- 
tween the Vatican, Islamic fanaticism 
Tehran-style and Arab nationalism Trip- 


By Flora Lewis 


oli-style is shocking. It suggests an un- 
principled crosadc for a religious dictate 


that discards all appeals to tolerance 
and moderation. 

In the Pope's view, it probably goes 
deeper. Since the collapse of communism, 
to which he rightly feels he made a large 
contribution. Pope John Paul II has beat 
seeking to revive a universal “spiritual 
message" to CD the vacuum. 


It does have affinities with the anti- 
bourgeois, anti-secular, anti-heartless- 
capitalism, traditional communal pre- 
cepts of fundamentalism. At one of his 
political-intellectual seminars at Caste! 
Gandolfo, the Pope answered a question 
about his hostility to the Cairo confer- 
ence tersely. “The question of life is a 
fundamental right," is all he would say. 

Nobody is really challenging that. But 
the agenda has been turned into a battle- 
ground by two sets of militants, leaving 
behind tire real issues of population. 

“It’s fascism with a feminist face." an 
agitator for the American right-winger 
Lyndon LaRouche shouted at Nawfis 
Sadik, president of the UN Population 
Council, at a meeting in Stockholm. 
“What?" she said with astonishment, 
“You don't want to empower women?” 

There is a farcical ride. But it is this 
militam feminist attempt to tom popula- 
tion into a power question instead of a 
survival queriion and a development ques- 
tion that underlies the trouble. 

At the New York preparatory meeting 
last spring, women’s organizations suc- 


ceeded in recasting the agenda to focus 
on their demands. They are reaping a 
backlash. “Empowerment,” a modem 
political go-go word, provokes resis- 
tance. To many societies, the vague, ap- 
parently unlimited goal of turning power 
over to women is unsettling. 

There is overwhelming evidence that 
where gills have access to education, 
which in turn brings health information 
and employment opportunity, fertility; 
rates decline to what the society can man- 
age. It isn’t a matter of total numbers. It is 
the fact that development can only pro- 


It is idle, even -demagogic, to suggest 
that the remedy is to cot drastically tire 
co ns ump tion levels of the richest one- 
tenth of the world's inhabitants so their 
intake can be shared. It would oot stretcb 
far and it would not last long. 

The point is to enable people to pro- 
duce for themselves in a way chat hus- 
bands resources far the future, that 


gress arithmethically, while population in- 
creases geometrically because of dramatic 


creases geometrically because of dramatic 
decline in mortality rates. - 
“Development is the best contracep- 
tive” has 1 wig been the argument of those 
who would focus on economic and social 
investment as the best approach to limit- 
ing the rate of population growth. The 
answer is yes, certainly, it’s fike the reci- 
pe for rabbit stew. First catch a rabbit 
The pressure of population on land, 
water and food resources in poor coun- 
tries makes it extremely difficult to reach 
the take-off point of self-sustaining de- 
velopment where extra effort produces 
more than it consumes. 


makes possible escape from poverty, op- 
portunity for education, for baric health 
care, and, yes, for reproduction in a way 
that does not just condemn new billions 
to the same old trap. Malting that possi- 
ble is the real population issue, not how 
many births are allowed. 

What is new in human history is pre- 
casely that human ingenuity has reached 
tire point where it can create far more lives 
than it has found the way to sustain in 
decency. The capacity of women to bear 
children has not increased. If the .world 
entered this century with 2 billion people 
and is tearing it with 6 trillion, it is because 
we have been enabled to live longer. - 

It is an improvement to be preserved, 
not thrown away with the dogma that 
birth is sacred but it doesn’t matter what 
happens after. That is respect for life. 

© flora Lewis. 


The United Nations Should Prepare for the Borderless World Ahead 


T OKYO — The United Na- 
tions may have suffered 


JL tions may have suffered 
from low expectations during 
the Cold War. but today the 
world expects much more of it. 
The end of the Cold War, I be- 
lieve, will transform or even end 
the traditional nation-state sys- 
tem. To adapt, the United Na- 
tions wifi have to implement a 
number of measures. 

The new world order that will 
emerge as the nation-state loses 
its relevance in the next century 
will be more highly integrated — 
economically, politically and cul- 
turally. There be movement, as 
some have predicted, toward a 
single “borderless economy.” 
And the trend toward political 
integration will continue, as sug- 
gested by the proliferation erf suc- 
cessful regional organizations like 
the European Union. 

Historically, there have been 
two prerequisites for integration 
among nations. The first is a 
sharing of values; the second is 
the existence of a common task. 
Both requirements will be satis- 
fied in the world of the 2lst cen- 
tury. Today, most nations are 
bound together by a common 
desire for pluralistic democracy, 
and by the need for international 
cooperation to tackle such glob- 
al problems as population 
growth, nuclear proliferation, 
environmental degradation, 
drug-related social problems 
and regional conflicts. 

Only the United Nations can 
provide a forum for shaping such 
a global transformation. But if it 
is to deal adequately with this 
new situation, the UN itself will 
first require reform. It must be 
given the power to address glob- 
al threats effectively and it must 
become a forum where the 
shared ideal of pluralistic de- 
mocracy is promoted. 

How can we do this? How are 
we to make the UN more effec- 


By Koji Kakizawa 


five in the transformation away 
from the nation-state system? 

First, the UN should support 
the establishment of democratic 
governments by providing greater 
assistance for tne holding of free 
and fair elections. Toward this 
end. the Electoral Assistance 
Unit of the UN Secretariat 
should be reinforced. 

Second, UN peacekeeping op- 
erations are playing an ever 
more important role and need 


Only the UN can provide 
a forum for shaping the 
global transformation 
ahead. But first it must 
res hope itself ; reforms 
are badly needed. 


proper support to continue m 
that direction. The successful 


elections in Namibia, Cambodia 
and El Salvador testify to the 
essential role of the peacekeep- 
ers’ election-monitoring and ob- 
servation units. Civilian partici- 
pation is becoming increasingly 
important. I therefore suggest 
the endowment of a memorial 
medal honoring the contribu- 
tions of civilian participants. 

Third, the long-awaited post of 
UN High Commissioner for Hu- 
man Rights needs adequate sup- 
port and resources. The protec- 
tion of human rights can be 
assured only if a multitude of 
conditions prevails. These in- 
clude political stability, estab- 
lished legal procedures, an ample 
number of jurists, wide public 
awareness of the importance of 
human rights, economic develop- 
ment and a rise in living stan- 


dards. These conditions demand 
considerable effort over time. 

To facilitate change, the UN 
must offer advisory activities to 
establish due process of la w. Pub- 
lic information program s are im- 
portant. A strong, permanent sec- 
retariat will be needed; dose 
coordination among the relevant 
UN agencies is crudaL I would 
propose that the UN Center for 
Human Rights be given enhanced 
resources md that the coordinat- 
ing role of the High Commission- 
er for Human Rights within the 
UN system be consolidated. 

Several reforms are needed in 
the United Nations. The Security 
Council should be a focus of these 
reforms, though remedies are also 
needed in the economic and cul- 
tural fields. The dramatic increase 
in the number of member-states 
and the emergence of new powers 

with influence equal to those of the 

Security Council's permanent 
members means the council's le- 
gitimacy and credibility cannot be 

ensured unless its decisions reflect 

the general wjQl of the members. 


tributing to conflict prevention 
and post-conflict peace-building 
efforts. I hope Unesco’s restruc- 
tured executive board will more 
effectively address the complex 
global problems of today’s world. 

It would be useful to revitalize 
the Economic and Social Council 
so that it can better focus on ur- 
gent issues and achieve better co- 
ordination among die agencies, 
programs and funds that crane 
under the Security- Council’s 
jurisdiction. 

Finally, the number of conten- 
tious cases submitted by states to 
the International Court of Justice 
has increased dramatically. , The 
court is expected to play an in- 
creasingly important role in. fa- 
cilitating die peaceful settlement 
of international legal disputes. 
The international community 
needs to strengthen the court' S 


role by encouraging wider accep- 
tance of its compulsory jurisdic- 
tion by die states that are party to 
the statute erf the court. 

The new world order will see a 
gradual erosion of the nation- 
state system. The yearning among 


peoples of the wodd for pluralis- 
tic, liberal democracy ana a mar- 


ket economy is the basis for this 
trend. In the mean while, cadi 
state must attain democracy in its 
own way. The worldwide move- 
ment toward this common goal 


can be facilitated most appropri- 
ately by the Uzuted Nations. & it 
is to fulfill this task, we must 
encourage the United Nations to 
continue on its path of ref o r m . 


The writer is a former foretgyi 
minister of Japan. He contributed 
this comment to the International 
Herald Tribune. 


IN OUR PAGES: 100, 75 AND 50 YEARS AGO 


1894: Bayreath’s Decline 


lbe newer global powers should 
be encouraged to take a more ac- 
tive rote in efforts to ensure world 
peace and stability. Japan has the 
will and capacity to do so. 

The Security Council should 
also better represent the interna- 
tional community by in creasin g 
the number of nonpennanent 
members and redressing the im- 
balancein the geographical distri- 
bution of nonpennanent seats. 

Unesco, which for almost a 
half century has sought to con- 
tribute to peace through its ef- 
forts in educational scientific 
and cultural fields, must now 
tackle new issues. These include 
disputes between different ethnic 
and cultural groups- 


BAYREUTH — 'The truth is 
that people will continue logo to 
Bayreuth for another ten years at 
least, because it has become the 
fashion to do so, but, from an 
artistic point of view, there has 
been an unauestionable falling 
off this year. Mme. Cosima Wag- 
ner is a woman possessing intel- 
ligence of the highest order, but 
she is only one woman, and as it 
is she who m an a ge s everything, 
who puts everything on rim stage 
and who makes ah the engage- 
ments, there are some femmme 
mistakes which will in the end 
cause infwy to die work carried 
on at Bayreuth. 


member of die Inter-Allied Mis- 
sion of Inquiry at Smyrna, warn- 
ing her that unless the massacres 
of Armenians cease immediately, 
he will withdraw No. 12 of the 


he wffl withdraw No. 12 of the 
fourteen points, which sti pulates 
that Turkish sovereignty shall be 
m ai n tained in those portions of 


— -ww v Wi 

the rad Ottoman Empire which 
are beyond question Turkish. 


1944: Petain Arrested 


1919: Tbrkey Is Warned 


PARIS — About ten days ago 
President Wilson sent a Note to 


Already, through its Culture erf 
Peace program, Unesco is con- 


Turkey, thro 
of Admiral 


ristol, American 


P ARIS — Marshal Henri P&tain, 
Pierre Laval and Edouard Her- 
riot, former President of the 
Chamber of Deputies. , were ar- 
rested by die Gestapo and taken 
ro Germany a few days before 
Arajcan and French forces en- 
tered Pans. Before be left P&tain, 

the eighty-eight-year-old Chid 
of State, sent a clandestine mes- 
sage to the people of France, urg- 
ing them to unite and stating that 
all he had submitted to had been 

for their welfare. 


Ill* 




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;The Complete Bourdelle 


Vbes 


; ByKate Sm^cton 

S POLETO/ltaly — bo- 
spile the conciseness 
of this exjhihWMi of 
works by EraBo^Anxame 
Bourdelle (1861-1929), the 
sculpture that doranates the 
event hi not actually in the 
show. Nor could H bave-beea. 
Oncecast, the ^M oumn eot aox 
combattants etdfcfeuseaisdu 
Tarn-et-Garohne de 1870- 
1871* Was too inS to be assess 
bled inihe artist's Park studio. 
It has remained rooted to its 
pedestal outside the Museum of 

Bourddlefs hometown. 

Boufdefle Worked there as an 
assistant cafthtetropfeer to his 
father until 1676, when he ob- 
tained a grknt to study at the 
Ecole tea Beanx-Arts in Tou- 
kai5e, - and later in Pans. In 
1895, when the city of Mooum- 
banamwncedlhecKBpt ti iiop 
for design* far a war m e moria l, 
BourdeSe, titan 34,wasworiing 
in RodinVatelicsr. It was these 
'that he began to foctis on ana- 
tomical details, studied with 
such intensity tbal 4faey appear 
as abstractions, nmaUticB* at- 
most, of the human body. 

After winning the conmtifv 
sion he set to work <m a Btimber 
of studies of heads, ha nds end 
struggling bodies that were ultT 
matdy to be assembled in the 
monument, which must -bane 
struck contemporaries as dis- 
concertingly disconnected in its 
parts, yet afi thejoicwe dramatic 
and inqwsmg forthis. 

Many of these studies were 
cast in femme and- became 
sculptures m their own right- 
They occupy the first rooms of 
the Spoleto exhibition with an 
expressive poignancy ihai is 
heightened Wither fntgmen- 
lay nature. The dewing and 
twisted “Desperate Hand” 
(1897-1898). for instance, that 
seems to embody a reference to 
Rodin's treatment of the same- 
theme; or the three heads that 
make op the “ScrcanMg Fife- 
ures" (Figures huriantes) repre- 
sen ring Fear, Suffering add 
Death in shockingly expres- 



A Bourdelle bust. 

. soustic terns; or indeed the 
various warriors weighed down 
by 'annor nole&s than fate. 

- Bourdelle «lso sculpted bas- 
reliefs for the plinth of the war 
memorial, and these relate in- 
terestingly both to his earlier 
drawings and to the later de- 
signs for the facade of the Th6- 

toe des CSamps-Hys&es in 

Fads. “One should draw con- 
stantly,** Bourdelle would re- 
peal to his pupils at the Grande 
v^baunafae, when he began 
teaching in 1909. “Drawing is 
our discip li ne. ... in sculp- 
ture knowledge is drawing.” 

Is doe of these bas-reliefs il- 
lustrating “The Terrors of 
War;” the dramatic use of fore- 

^^L^ n f»ual = ^^^cati£Hi 
that was tobeoome a h al l m ark 
of. much of Bourdelle’s later 
work. This search for stylistic 
economy was certainly inspired 
by two great periods of the 
Western artistic heritage: Hel- 
lenic archaism (Cl&opatre, the 
artist's wife, came from Athens, 
and 'certainly stimulated her 
husband’s interest in Greek my- 
thology); and Romanesque ar- 
chitecture and sculpture, partic- 
Hlariy of medieval France. 

“Those who don’t like mv 
work, and there are plenty 
them, say that I'm archaic," 
wrote Boordefle. “They say that 
to punish me. But they also be- 
Befe that arc&aisn is something 
dead . . . Archaism belongs 


is known after the village where he was 
bom in 1494. Just published in New 
York, “Pontormo Paintings and Fres- 
coes,” with a short text. by Salvatore S. 
Nigro, illustrates Phase Two in the re- 
construction process. 

After the groundwork laid by cata- 
logues raisotmfcs — K-W. Forster’s ex- 
haustive “Pontormo: Monograph with a 
Critical Catalogue” was published long 
ago in Germany (and in German exclu- 
sively) — here is the essential Pontormo, 
cut down to 40 paintings and eight fres- 
coes. Trust Harry N. Abrams, toe pub- 
lishers, for fine color. The volume is 
beautiful, the artist admirable. The art- 
ist? Even pared down to a minimum, the 
oeuvre is not quite so solidly entrenched 
as the presentation may suggest There 
are no signatures. In Renaissance Italy, 
established painters had studios in 
winch the pupil imitated the master as a 
matter of course. And the master was 
not above adding his contribution to an 
esteemed disciple’s effort 

Bedeviling the problem, contempo- 
rary accounts documenting the works 
considered “safe” can be infuriatingly 
ambiguous. Take the great Giorgio Va- 
sari, a painter in his own right, a greater 
draftsman, a fabulous collector of draw- 
ings and, by general consent, the first an 
historian. In his “Lives of the Most 
Excellent Painters, Sculptors and Archi- 
tects,” Vasari makes several references 
to the frescoes in the Ludovico Caponi 
chapel, winch forms part of the Church 
of Santa Fetidti, in Florence. When 
dealing with Pontormo’s life, the great 
man says he painted God the Father 
surrounded by Patriarchs. The artist 
also did three of the four medallions 
enclosing the Evangelists. The fourth. 
Vasari explains, was the work of Agnolo 
Bronzino, one of Pontormo's pupils. Va- 
sari, alas, is not too worried about con- 
sistency. In the chapter on Bronzino, the 


Pontormo 's “Saint Veronica " ( detail), in the Pope chapel of Santa Maria Novella church in Florence . 


painter-historian credits the latter with 
painting two Evangelists, not one. 

Is this why Saint John and Saint Luke 
differ somewhat in spirit? Saint John 
leans forward, in a rolling movement. 
The wind runs through the drape float- 
ing over his shoulder. If we know any- 
thing about Pontormo, this is the real 
article. Luke, leaning on a tablet, pen in 
hand, looks different, more compact, 
more tense. Pan of the head of a bull is 
seen behind his shoulder, peering at the 
viewer with the one eye that is visible. It 
gives the painting a strange, slightly dis- 
turbing feel Perhaps Pontormo owes 
this to Dflrcr, whom he admired. He 
probably did paint Luke. Bat we may 
never be entirety sure. 

A glance at the biographical data 
makes it plain Pontormo underwent 
many strains of influence. He was the 
son of a Florentine painter who had 
worked in the studio of Domenico Ghir- 
landaio and that surety left a stamp cm 
young Jacopo, if only through early ex- 
posure to tbe pictures. 

Pontormo was 14 when be was taken 
to Florence to visit the studios of Leo- 
nardo, Piero di Cosimo and Mariotto 
AlbertineUi. Mariotto took the teenager 
under his wing. If Vasari’s word is to be 
trusted, the first painting by Jacopo was 
a small Annunciation done for a Mead 
who died before it was finished. Jacopo 
kept it with him and “Mariotto. who was 
very proud of it, showed it off as some- 
thing very rare to whoever entered his 
workshop.” Raphael Vasari goes on, 
saw it, and was amazed at its quality. 

Tbe next port of call for Jacopo "was 
the studio of Andrea del Sarto. Accom- 
panying his master and the painter 
Rosso FiorenLino, Jacopo went to 


Rome. There be looked at Hdlenistic 
sculpture, which was to leave an indeli- 
ble impression on his young mind. It is 
probably to this that his love of flutter- 
ing drapes can be traced. 

Shortly after, Andrea del Sarto invit- 
ed him to take part in the execution of 
the preddla for an “Annunciation" in a 
Florentine church. He and Rosso 
worked together, and Andrea helped 
Pontormo complete his work. No won- 
der, therefore, if there is an Andrea del 
Sarto touch to the canopy in a fresco 
that Pontormo painted later in the 
church of Santa Maria Novella. 

In another work, the marvelous fresco 
painted by Pontormo in the church of 
San Usama Annunziala in Florence in 
the years 1514 to 1516, a multiple legacy 
can be detected. Leonardo perhaps, An- 
drea del Sarto certainly, Raphael prob- 
ably, in some of the faces. In his 30s the 
artist finally developed a curious style 
that singles him out at first glance. Tall 
figures hardly seem to touch ground, 
when shown full length. They move ef- 
fortlessly as if wafted by the wind blow- 
ing through their drapes. The faces gaze 
in a kind of trance at unseen sights 
located behind the viewer, their eye- 
brows lightly raised in dreamy, yet anx- 
ious surprise. 

This creates an astonishing kinshi p 
between deeply different subjects. In 
one of Pontormo’s early masterpieces, a 
“Visitation” now in the parish church of 
San Michele, in Carmignano, it is in- 
stantly apparent. That same unreal 
lightness, that slight twirl to the body 
moving with a ballet-like bounce, can 
also be recognized in the portrait of a 
halberdier, one of (he most beautiful in 
the Mannerist school 


His identity remains elusive. When it 
set a world record for any Old Master 
sold at auction on May 31, 1989, at 
Christie’s and was acquired by the J. 
Paul Getty Museum for S35.2 million, it 
was presented as tbe portrait of Cosimo 
de’ Media. Herbert Keutner, the Ger- 
man art historian, first expressed that 
opinion a long time ago. convinced that 
he recognized the features of the Prince 
known from other works. But we hear 
from Vasari that during the siege of 
Florence, from 1529 to 1530, Pontormo 
“did a portrait of Francesco Guardi in 
the garb of a soldier ” That description 
surdy matches the halberdier. The game 
r emains open — perhaps Vasari referred 
to another picture now lost, or perhaps 
he got this one wrong too. 


W E have yet to recognize that 
the narrowing focus, zeroing 
in on individual artists who 
lived several centuries ago, 
does not lead to greater certainty but, at 
best, to more methodical speculation. To 
avoid the tedium of perpetual hypothesis, 
die publisher entrusted the text to a pro- 
fessor of Italian literature at the Universi- 
ty of Catania. The style is chirpQy allusive 
when not downright incomprehensible. A 
ample list of plates and an index would 
help. But in the end the only thing that is 
new and worth pondering again and 
again is tbe photography. 

A dose-up of the Santa Maria Novella 
fresco shows quick slanting strokes invisi- 
ble to the visitor standing in the church. 
These seem to echo the remark of a 16th- 
century writer that the fresco was done 
“in great haste.” Such details are enough 
to make tbe book indispensable. 






CHRISTIES 



to aS tunes and the title they 
have given me, far from being a 
punishment, is the purest of re- 
wards. All that is synthesis is 
archaism, tbe archaic is the op- 
posite of copying, is the bom 
enemy of lying — of tbe whole 
stupidly odious art of trompe 
Tool that makes a corpse out of 
marble. Archaic art penetrates 
the universal and is in harmony 
with it; h is both the most hu- 
man and the most eternal art.” 

The Montaoban monument 
thus embodies the dramatic im- 
pact of Bourdelle’s earlier weak 
and suggestions of his .later 
sculptures. These latter include 
some fine pend ve portraits (Ro- 
din with a flowing beard, the 
writer Anatole France, the 
painter Ingres, a curious self- 
portrait (1908), full-length but 
bereft of arms, in which the 
artist appears immersed in 
thought, lus head bent forward) 
as well as a series of more alle- 
gorical sculptures that capture 
and explore movement. 

I N view of Bourdelle’s j 
commission far tbe Th6- • 
litre des Champs-EIysSes 
and the opera in Mar- 
seille, many of these are actual- 
ly devoted to dance, inspired by 
Isadora Duncan and Nijinsky. 
However, gentler rhythms 
abound in the studies for myth- 
ological subjects and their 
translation into three-dimen- 
sional form, where the archaism 

is more evident. 

Less constrained by academe 
than some of his older contem- 
poraries, Bourdelle was also less 
polemical and subversive than 
the avant-garde of his time. He 1 
thus mapped out a road of his 
own that, though interesting at 
every turn, has tended to elude 
the pilgrim hordes. The exhibi- 
tion, here until Sept 4, is a 
chance to see the work of a 
great artist in the right light: 
IBs own. The show will be at 
the Palazzo Ducale in Genoa 
from Sept. 16 to Oct 30. 

Kate Singleton lives in Italy 

and writes frequently on cultural 
affairs. 


K 

'I 




ART EXHIBITIONS 


1994, 

30th Anniversary 
of the Fondation Maeght 


GLIANI 
UTRILLO 




Georges Braque 

3 July -15 October 1994 

Fondation Maeght 

06570 Saint-Faul. Franco 


To!.: (33) 93 32 81 63 - Fax: (33) 93 32 33 22 



QUATM 


Paul Klee ( 1879- 1940), Clown, signed bottom l<$ Klee, oil 
on canvas, 2614x 1914. (67.3x 50.5cm). Printed itt 1929 
Estimate: S800J50Q- 1,000,000. Property of the Ccrintdc 
Bemoudy Trust. To be sold on 9 November, 1994 in Neu> York. 

Impressionist, Modern and 
Contemporary Art at Christie’s 

Christie’s is currently accepting entries for 
important autumn sales oflmpresrionist, Modern and 
Contemporary Art in London and New York, 

Our global expertise means that we can offer your 
pictures to the most discerning buyers anywhere in the 
world. If you are considering selling, we would be pleased 
to proride auction estimates and advise on which location 
will achieve the best price for your property. 

Enquiries: 

James Roundel! or Hugues Joffre 
8 King Street, St. James's, London SWtY 6QT 
Tel: (4471) 839 9060 Fax: (4471) S39 8326 

Nancy Whyte or Diane Upright 
502 Park Avenue, New York, NY 10022 
Tel: (212) 546 1000 Fax: (212) 371 7261 


Every SaiunJoy 
Contact 
■ Fred Ronan 

Tel: 

(331)46 379391 
Fax: 

(331)46 379370 

or your nearest 

IHT office 
or representative 


ANTIQUES 


W» bur Ml MO Japmm AnUqaM erf 
tfuEdo and Uatf Mod*. 
firwSasuma. hnart. Japanese doom*, 
ftfunsa. Sunni swords, ttnga m amor 

(U9> ce>**y it'routf' 1B3i cartmy.) 
PLY WO CRAKES ANTIQUES, LTD. 
1050 Second Avanum. Query r*6 
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Tat(?G72ZMgCD ■ FarPSSaRMGW 


24 JUJN - 23 0 C 70 BHE 1994 

;C‘Ji j:j:s jsish.ahh. 

\0 C TSjiTNE J ; U : . SC.P JUMJJA r. 


MUSEUMS 


LUCERNE, Switzerland 


f Museum 

Rosengart Donation 
A collection of important 
lale works and exhibition 
m , Picasso photographed By 
D avid Douglas Duncan " 


COLLECTORS 


Spink 
deal in 

English Paintings and Watercolours 
Oriental. Asian and Islamic An 
Textiles ■ Medals • Militaria 
Corns ■ Bullion • Banknotes 

■ SPINK! 

WINK A SON LTD .«.»>* 7 KINO ST 
ST JAMES'S. I UMJON. 

O* ILAUUSVIY *05 TTL lOWM 7SM 
MV H71-SW4M3. TKLh-Vmn'U 


Wishes ID acquire Intfvidual piecea 
endtaf enBre odecton(sl ol 198i Century 

or eartief swonfc, rapfei?. «togsars efc 
Must be In excellent condition 
PJaase fax particulars to: 
Canada 41MS7-Q88 1 


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AITIIIYrU 

ISLAMIC WORKS 
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FOR SALE 


Complete pieces and 
sections of curtains used to 
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at Mecca . 

Call Doha, Qatar 
Tel (+974) 805862 
Fax (+974) 805871 


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Summer 199-* : 

DREAM OF THE ABSOLUTE 

Malevich, Mondrian, van Docsburg. Kandinsky, Klee. 
Arp. Brancusi, Matisse, Giacometti, Albers. Bill. Lolisc. 
Cilamcr. Rothko. Newirem. Stella. Kelly. Lichtenstein, 
Warden, Ryman, Johns and others 

GAUERIE BEYELER 

Biiumlcingnsse 9 - Basel/Switzcrland 
Tel. + >1161 2”2 54 12 - Fax : + 4161 2TT 96 91 


) 










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P*ge 8 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


THE WEATHER 


Today i lumiiiic cloud inn*, 
followed by rain tonight; 


continued cool 


■pmtarn Tntardw: P*»«-. IS: *!»■■ H 

Detailed Report on Pago 28 


Xeralb 


NEW 


YORK 








late city , 

EDITION 


Vol. CIV No. 35,714 


Cwrllbk 1MI. 


Jhm Tut Tribaaa lot. 


SUNDAY. AUGUST 27. 1944 




Germans Fleeing Le Havre, Rouen, Dieppe; 


London 


Dewey Calls £g tjg S[l »,000 Nazis! S“S <■' '*• J" * G, » fre Es ‘ Arrivi ” 


N V nrr \T • Washington, Aug. 26 
^ f- War VfHfi -The Office ol the Rubber Dl- 

• T | -ector opened the way today 

-w- r-, j for a better grade of girdles. 

U o war SliePPCS I It lifted all restrictions on the 
LdTT kj ^ of neoprene by elastic- 


In Paris Lay 
Down Arms 




Unconditional Surrender 
Signed by Commander 
in Gare Montparnasse 


I thread manufacturers. 

Says Effort of Democrats quantity of the * high-grade Unconditional Surrender 
and Their ‘Satellites’ to ggggteSS, “ gm I Signed b ? Commander 
‘Seattle 1 System Failed producers have been able to in Gare Montparnasse 

— obtain ail the buna-5, another 

Ballot Applications 2!S^J5*£ld City Is Liberated 
Placed at 400,000 R.D l S<*BnuniT e,in Almost Unscarred 

The agency also revised its 

State Commission Finds ™Uer instead French Leaders More In 

Rate So Far la Double «* £££?£?* j to Set Up Government;! 


State Commission Finds 
Rate So Far Is Double 
Average in Rest of U. S. 


By job- c Roger, 1 Women Gted 

As BuvingFoodUt g.£K a 

that the New York State war bal *' _ I T* 16 ® n * 1 uncondlUonal sur- 

lotlaw is working out as a great IriK aoIr [VI 51T , Kf > t 
success despite the Democratic UlDldLlLlTlcUIVCl 

party's attempts to "scuttle" li 


French Leaders Move In] 
i to Set Up Government; | 
U. S. to Supply Food 




» 

Allies Across 

Seine at Six 
[Bridgeheads 


British March 40 Mile* 
in Six Honrs to Force 
New Vernon Crossing 


Luxemburg Is Told 
War Is Coming Near 




ii ra« iiNdtM rmi 
PARIS. Aug. 28.— Paris is free 


Alsace and Lorraine Also 
Warned; All-Out Fight 
Rages for Port of Brest 


lot law is working out as a great InRl^pVMiirkpt render was signed at 6 p. m. yes-| 
success despite the Democratic- IIlDiaCKlTiariMH jtentay m the dingy tHMOM- ; 

O.P.A. AakiFed.nl Com, £SSKSS5S 

Ballot Commission disclosing that Them Against Violations shots played a j -toccata Kcompa-; 
to the matter of establishing vot- _ — — — — „ _ ntaent to the blaring brass bands; 

tag contact with men and women hewhAVEN. conn.. Aug- 26— tfcc end csS German 

In service New York Is running hapless women consumers ”"*■ ..... , , .. 

100 per cent ahead of the average ^ Fatafldd County communl- From dusk nnUl«rly morning It 
performance by the other states. Uea ^ standard and Riverside ■*“ everybody was shoot- 



. SMI 1 TMW— AlMltWlUKSHy 

French ciltxm* rmitimg Uu-ir coicu m (Ac iriamjdMl “M.fiaiW.u.’’ u the Allied braWtn bring f reedom to them mgout 


3LTSTS KSTBSTtlT 2SS Bulgars Order Nazi Prisoners Cower in Par is jI0,000Germans *««« 


customers 0 * ho fighting after the formal surrender. Germans Out, A $ Barbed W ireHoldsOffCrovxlp urrender 

meat without ration points or with Parisians simply • ^ — n J rfl ' tag like meat ana butcher's fa« 

“aSSrX - - ArmlStlCe German S»ff Is Moved From U,e Hotel Majertic, Bordeaux Trap «£»£* 'fiffSiS 

States District, court here db- w “ I ~ . . Where Floors Are Littered With Hitler Pictures ; „ , ] r • . qukrtfcre. • 

clcanl nut tae Office ol Price Ad- *=^ Rom^^me. m fry Aronnd Wrecked Tank *>«***, 


campaign speeches at his farm KUon , n ^ Malnst the shooting was at Germans sun p A - 

SMnSSKE-" Germans Out, 
"JKffio..— -ssrst a. the n,« ‘"SJgSg*. Seek Armistice 

In uniform and their families here nistrlct here ^ rendered was estimated at I0,oooi 

at home win remember that it . ttat ^ Q fflce oI Ad . according to a statement at su- New Romanian Cabinet in 

T.fS' ^ “* hiinlabatlan se,kln. . PO- F»»«r •' Buch.r«t u 

satellites that made false and irre- . injmjrUon restraining the <utian * nr piBf “* u ** ,d one . Gtr r » . j| 

sponsible charges against i toSTvlotaUta ““ strongpolnt still held out Nazi Mission b Interned j 

state's war-ballot law. No other Saturday night In the Champigny — — 

"That campaign of deception . . ^ sector, a suburb five miles south- By Lewis Gannett 

and demagoguery failed. It failed ** ms tamers who east of Paris, and there was spo- rmuuainerFftmiSMu 

because the soldiers and sailors— . 1nr radlc fighting with small groups coo»n«iir. i*«.m»TrtTnbm, me 

and their families— saw through “ uld ** r »ch“ ®°_ ™ ‘ V~ Q f Germans In the northeastern LONDON. Aug 2S t**)— While 


By Ned Russell 

•irVlnlinUAflnMrrtWn cwngK. KM, NttlHITUkatlDC. 

PARIS; Aug. 26.— The well known Hotel Majestic and the streets 
leading from It to the Arc de Trksnpbe a Moc k away were symbols 


Ml Th* AtMOdmtet Frcu 
SUPREME HEADQUARTERS, 
Allied Expeditionary Force. Aug. 
. 27 fSunday) ^ — The Allied armies, 
having broken across the Setna 
River .barrier on a two hundred- 
. mile front, herded the Germans 
before them today In a battle of 
■ . pursuit lhat swirled steadily nearer 
to Germany's IronUsry. 

"The elimination of the German 
7 th Army ms a fighting entity has 
decided the battle of France," de- 
y-.u T | Sg tl ' n i wi nsin nit nip- ' dared supreme - - headquarters, 

; freedom to them egout .... - warning the little DlKhy Of LUX- 

— " — 1 — — — 1 — embdrg and the Prench frontier 

' . provinces -of Alsace and Lorraine 

aUUUlrermanS that they soon "may become a 
7 - • theater of war." 

SllrPAflnPP lit “What there Is left of the Ger- 
UUtf VUUGI. .J--U mans In nortbwmt France is hang- 

tag like meat on a butchert hook. 
DOrdeaUX irap waiting to be cut down" Hid a 

. , •, A high, officer at. British fleldUhesd- 

Southwest France Freed; <n ^ r ^ ritU n A ^ctacnlar 

Avignon Falls as Nazis forty- mile forced march in six 

Flee Up Valley of Rhone 1 °™* * 

Seine at yernan. ten mOes north- 

OTUiuocKMmn west of the strong American 

IRON. Spain. Aug. 26— Tm' bridgehead at Mantes, and turned 


"That campaign of deception 01 rft « onm « ou,CI m suburb flvc miles south- By Uwis Gannett PARIS; Aug. 26— The well known Hotel Majestic and the streets a,T*.a»o«-t«ei^« .“>* j**” 0 *. 

and demagogu^^talled. It failed M ™ Jty was . b !!"® east of Paris, and there was spo- leading from it to the Arc de Triompbe a block away were symbols IRON. Spain. Aug. 26— Ten bridgehead at Ma ntes, and toned 

tanuHUhcsoWcn and sailors — Tho “ ol “** . custoraer8 .. ho »*oi«: fiehUnr with small ereum owm. m4.w**T«rkTnb»n.i»t today of the shattering defeat of the German garrison there. Outside thousand Germans encircled by loose another powerful forea 

and their families— saw through could be reached for comment to- ^ northeastern LONDON. Aug 26 <**)— While; the hotd were the fire-btackencd* American and French forces against the Germans scrambling 

the misleading propaganda of were 6«»ereUy too stricken by ^ northwestern suburbs of the the Bulgarian envoy was cooling hulks of three small Prench tankj Tb j TT„^1 yotmd BeB n. thir^ r miles south of from their Channel forts, 

those who sought to scuttle the ne «* *° deUilrti public gaipm ^ bdl}r his heels in Istanbul awaiting Bril- and a tag German tank which the JK6US lllirl T OC B ^ df>ux - “^ dered i _^ “»*» ' - - • Robot Attack Halts . 

system." explanation, although some ex- hunted tsh and American peace terms, the Nazis had use d in their effort to afternoon. Frenrii authorities at Allied drive menacing Pa* 

C L O Drive a Target pressed wonder at why they should Bulgarian Minister of Foreign Af- re»l*t the underground forces of A pwioc ||5aniirM> Hoidaye Announced toni^it. de Calais, nest of the flying bomba. 

Tn of the b<en Slng,ed 0ut fn,m atr V,rt “ Ujr fairs. Mr. Draganov. informed the Paris. Thousand* of Parisian*- l^dllUliC, The capitulation of the Nazis ^ a mn ta thTS 

Gnvmmr newev aUeged xorts ol ne, * hbOT5 the A quick tour of the dty today charge of the Soviet Union, with old men and women, young girls in vwr. D . * * «<««* *H organted German resist- ^ Lomion and southern 

dSri^ref^S to^StT^th^ sune ** ,siUoa - T j} ey wiJ1 hiVt showed Paris wes virtually un- which Bulgaria is not formally at red. while and blue dresses, tmertiy W 111 JDCSSHrdDlH *”** England, indicating that already 

National Cittauis’ Committee for twentT tUss 10 flle uawn ta scarred by war. The greatest dam- war. that Bulgaria had decided to dressed young men and children— A«neric*ni^ Prem* forces which ^ lhnBt mlgbt ^ ptljlliS 


H^™^f«SS y to°^SS r 5 e th^ “ me position. They will have showed Paris mi virtually un- which Bulgaria is not fonnaiiy ati ml. white and bine dresses, smartly 
N^»o«ai citinvn*' Committa* for tWBnl » tUss 10 flle «m wb ™ ^ scarred by war. The greatest dam- war. that Bulgaria had decided to dressed young men and children— 


National Citizens' Committee for 


Political Action, sponsored by the | c0 JJf*' 


age was to buildings In the Lux- become a neutral. 


Congress of Industrial Organlsa-I™* S? 0 "? G ^ n, .“ W 5^L. lhe Thts dccls ' on 


Hons— a erouD which has been DuBols ’ 115 ° cean Drive Wcsl; German* made a last stand. When the Soviet Information Bureau on exam,nin * the wreckage of 

uuus m Bitntp »«jivu uw> .u-. d 1 or> IM. ik. ,u. i _» .. .... . . . ... Ih* GmiHsII nr nnrh np 


miffed around in throngs, cheering . .. . . had trapped the Germans had 

announced by P r * n <* *>d her allies and scom- 5***® Ol,UUO rruonen m been hacking them to pieces when lAt 


•wawwMV-w ■■■ uvtn MUIU W Hliai I as 1 _ m ww ■ w ■ 

Day; Advance to Within «« Germans hoisted a white ^ MUsh capital had been with- 


out a robot bomb attack for forty 


[To the east. In southern Prance. I»nd one- ball hours — the last previ- 


moat vehement to denouncing the **«• " ice B Kil i°. ync - , ® 7 i B— “ “•* 8un «W» mornin * 4,1 «*» the Moscow radio, which added °*^“ **^ ?“i h „ lne ' ^ 100 Mile* of Bucharest ^ oat a robot bomb attack for forty 

Dewey soldier- vote measure as the ford Street: Mrs. Gladys F. Guerr- quiet and Paris was going her that. "In the event Uiat German Inride hotcl T®* » .*"“» ITo the cast. In southern Prance, md one-half hours— the last prevl- 

"soldler-can't-vote law” l*eh. 10 Hinckley Avenue: Mrs. serene way again. troops in Romania retreat Into G «' Timl1 officers and soldiers who t*Thc AMcuuerra* American 7th Army forces have oug lull of Ux kind having been 

Governor Dewey added. In de- Charlotte M. Hanley. 723 Shlppan Eighty-year-old flower girls were Bulgarian territory, they will be ™ d I 0 ™** 1 ** headquarters out- loj^q^ Aug . „ (Sunday)— nMC *** **»« R,rcr Rhone at Avig- twenty-four hours long— a de- 
fense of the law. which he recom- Avenue, and Miss Lillian P. Alien, selling blossoms on Seine bridges, disarmed and dealt with in accord- n >° r Runtan troops virtually recon- , aod € « led . U,e P*tch from London said. The As- 

mended to the 1944 Legislature 20 Second Avenue, all of Stamford, all seized intact by patriots. Before ance with the provisions of the ^ lu, "t en . quered all Bessarabia yesterday. A1 P ta « l ®*“ oi Briancon. soclated Press reported some cau- 

asd which was passed by that < Continued on vage 16. column li f Continual on poor 2. column 2) (Continued on page 9. column u »IoneU fixed i to Utrir rtflo. stood hurffM the Germans across the aemr ^ Moot Genevre pass into tious hope there that the German* 

body: ir ~ ~ — - - ^vS^ Hnrer Danube on a ^ broad frootbe- * nnouncement had been driven from their robot 

"Any attempt to make political _ _ _ df „, It ih* rtre The lwe * n “** Pnrt theBtack Sea ” ld - Oermap forces were report- launching bases in near-by France 

capital by tearing down the pro- CiimmflFV nf T/lfJn^C TV/MIIC /in P/I ffac GeS^Is Lhrihwlihe •** o«mjnnlng 350 towns and W nVty 0t ^ result of Allied aerial bomb- 

cedar e [for soldier voUngl pro- OlililTilOTj OT J.OUUj S Li&WS OTl IflSlUC 1 U,QS$ SU, Jf* « 5S2L .- U *if villages where thousands of Ger- tags and the outflanking of Ger- 


body: 

“Any attempt to make political 
capital by tearing down the pro- 
cedure [for soldier voting! pro- 
vided by law is an attack on the 
soldier’s right to Vote. I am happ; 
that that attack has failed." 

The State War Ballot Commis- 


Summary of Today’s News on Inside Pages 


*MeVt hu« lahbv airmtti a* .firifiages where thousands ol Ger- : ' . . tags and the outflanking of Ger- 

holels huge tobby_almost «f ^ Romanians oult the According to reports from Hen- man lines north of the River 


Section I— General New* 
WAR 


aloa report. Issued by its chairman. 250Amerlcans hId from Germans 


William T. Simpson, noted that ln Pam for f 0U r years. Page 2 


an Associated Press roundup dated Paris: kisses and wine lor G. I.*s 


Aug. 24 estimated that 2.000.000 and kicks for the Nazis. Page 3 


soldier -vote applications have Vichy is captured as P. F. I. 


been received throughout the na- 
tion. 

State Total Set at 400,000 
It pointed out that New York’s 


strikes over wide area. Page 4 
Alsace is warned by Gen. Eisen- 
hower of heavy raids. Page 4 
Battles ravage French ports of 
Toulon and Marseille. Page 6 


total is estimated at 400,000 — 20 i Plxnes hit German oil 


per cent of the grand total. Since „ P 1 ® 0 * [or th J£ d d f" Pw 8 


New York's population is only 10 B ^ h are un- 

dauntad by robots. Page* 


per cent of the total population. Allies advance twenty-two miles 


the Simpson report hailed the fact down Mandalay Road. Page 9 


that this state's performance In U. S. denies story of Tokio ruse 


{Continued on paoe 19. column 4 1 


FARMS— ESTATES 

Wliwlhcr you oi« tooling lor a 
ImI-CorIc Farm, Don, Perm, Pota- 


to bottle upu. S. fleet. Page II 
Iceland is sure the U. S. will quit 
bases after the war. Page J2 
Peron forces Baldrlch. pro-Nazi. 

from Farrell Cabinet. Page 13 
War communiques. Page 12 


CITY AND VICINITY 
Peace delegates admire city sky- 
line. visit a night club. Pare 13 
Soldier traps three suspects In 
stolen gas-stamp ring. Page 16 
Insulin shock therapy for the in- 
sane called a success. Tage 17 
Three face three years. 6500 flnes 
for raid on melons. Page 23 
Mrs. Corbett bequeathed race- 
track stock to seven. Page 3S 
Mayor won't rehlre sanitation 
men who quit Jobs. Page2g 
Land offers plan to provide post- 
war aid for seamen. Page 29 
Tribune Fresh Air Fund, page 24 
Society news. Pages 24-27 

The Bridge Deck. Page 28 

Obituary articles. Page 28 

Marine news. Page 29 


... H I jJT eZ" T, 7;." mans and Romanians quit the Accorumg to reports irom Hen- man lines north of the River 

1 they were dead, some ol them s[ _. e d*yr. across the frontier from Seine.] 

Section III— Sport*. Real Euair. ax^AJjicd tndkrt A Moscow communique an- i™"- ^ Gtrmmn * evacuated Southeast of Paris there was 

CUMiiird put Lo inspect the hotel. nounced that at least 61.000 prts- in< 7 ed m ^ northeast 

Devil Direr. Whirlabout win at on ln a corner near the eleva- w>«s were taken during the day, lnU ’_^ e Landes region, bank of the Seine between the 

Belmont; 53.042.46g wagered, lot*, a dark-skinned Prench so!- including Are Romanian divisions Ce JS t " I am«S2!. n * a Anwrtam ******** at CorbeU 

Son Jour seta jreckrrrorrt in ™ Ue ^er helmet of 'of perhaps ZOjOOO men which sur- J™; , Amertmns and Prench end Melon as the enemy strove to 


* r -ssr»sssjs" s."ss=.“ ws.’si **'*"'* 


Section II — Editorial*. Financial. 


State's living standards found to 
be world's highest. Page 4 
Section IV — Drama, Music, Art, 
Radio. Society, Gardens, Resorts 


try Fora, Track form or jail o Ltrie j Army'S list Of missing. Page 22 
fare for yeti' C««»ry Heme, you ! NATIONAL 

Vifl i-id O large selection on totar's | House Democratic minority flies 
Font Pag* m Section ill. Btfar arc j protest on George bill. Page 14 
excerpty tram o few ei the odi. ■ Weinberg plans to resign from 
„ | W.P.B. post this week.Page 15 

wiswreo- !t T. - 12 a. ooctn, boat Miry says Brewster plant faffed 
a. J — too A. dslry sad chickens. 20 P** back wages. P*fe 30 

MaUK-43 Z a 20 A. ssolc orcSsrd bsra POLITICS 

uT^ITSLH 7« Supr ™ Court Qn 

» r-m a. led fl.idt, bid,s. validity of war ballot. Page 19 

Dewey seen making direct at- 

CLASSXFXED AOVUETKrirFvrr - ***)“ 011 Ro0stv?,t ~ Pl f e 

7™™ Socialists ask Roosevelt for equal 
See index. Set OL Page 5 tune on the air. Page 21 


Ul««rCo- !t T. — 12 A. modern bomr 
S3JM0 


Dewey urged to name his Cabinet 
in middle of October. Page 1 
Three world areas are envisioned 
In peace organization. Page 1 
Japanese stragglers at Saipan. 
Guam continue fight- Page 1 

Differences between north, south 
of France pointed out. Page 1 


■. J.— 100 A. dslry sod cblckcns. 

NaUW— S3! a 20 a. ispit orcksrd bsra 
Coca —so a. Colonist tsraiilfid. isle. 

Col nobis CO K. T-s. A tsrdcm. IT. 700 
J» T.-rtl A, In cl grids, bldf* 


tune on the air. 


Face 21 


! Major Eliot. 

! William L. Shlrer. 

I Mark Sullivan. 

■ History in the Making, 
j Women’s Activities. 

- Editorials, 
j Letters to the Editor. 
School news. 

Financial news. 
Science news. 

Stamp and coin news. 


v-us as PBAtseor* 
ante Hrr. Trio— MOM 


Page I 
Page 1 
Page 2 
Page 3 
Page 4 
Page . 

Page? 

Page 7. 
Pages 8. 9 

Page 10 
Page 10 


Dodgm ronquer Gianta. 9 to 0. held their hands above their heads-munique said that Soviet marines ~ 011 the southwest bank 

wS?d^?riSi as he searched them. ‘landed at Valcov. Black Sea port ^/‘SSSSSTSSS SrS' ? itt mWXh **” 

Yankees defeat Senators. 10 to 3, In the dining room were six long! at the mouth of the Danube, and f^ ujJcdly to cross in day- 

in night game. (Continuedon page z : column Sj (Continued on page 9. cohann 2; »e Meditar- «ght a* Canadian and Belgian 

Nelson leads with 211 In Tam o’ ranean command have not touched troops closed in for the kill. 

Shanler golf tournament. ri- IT TFT T T T g u P°n the reported operations along ■■ . 

“aswa RSWSLt Strangled Woman 1s Identified iSArsi onTtT^^L ^ 
Sl £ S SSST 15 ' AsWife of Vacationinglmporter 

Section I\ — Drama. Huic, Art, ^ * policed by . thousands of Vichy m Wib 16th Army, guarding the 

Radio. Society, Carden*. Rnorts woman who was found i the murdered woman had ques- gunmen now-is tranquil under -the roc * et coast, stood before the 

The Theaur. by Howard Barnes, strangled beneath thick shrubbery Uoned Mr. Burton. He recalled Tricolor. Americans. British and Canadian* 

Playbill, by John van Druten. around the Hayden Planetarium. I jcsler day morning, when Mrs. This has been accomplished in ““Vtog across the Seine over at 
stage Asides by Lucius Beebe, central Park West and Eighty- 'Newmark had not returned during less than a week. On Monday, two ,eaJrt *** bridgehead* northwest 
Music, by Virgil Thomson. tet street, on Friday was identi-;the night, that a key found In Ux uniformed French officers crossed ai ^ d southeast of Paris. 

Section v — Comic* yesterday as Mrs. Phyllis dead woman’s dothlng was marked the international bridge at lnxn The German forces, wnicn so- 

Seetion VI— Books LfOgs Newznark, thirty-five years with the number of her apart- to Xfendayn One was a French Prerae headquarters said now wen 

"Pastoral." by Nevil Shute: re- old. of 129 West Seventy-ninth meat. 7-F. He was taken to the jeweler at San Sebastian who had c *^* bIe 01 Acting only delaying 
Viewed by Florence Bullock- Street, wife of Melville G. New- City Morgue and made a positive dusted off his first world war oil- actton5 Iroin here on into Ger- 
-auny Bnwu," by Margery mark ^ importer. identification. form the (fay before and the other ra *f y ’ were being pounded night 

She was tentatively identified Mrs. NewmarkY husband, re- was a young catptain who hailed swarming warplanes 

^ by AJnT^BurtOT. a clerkat the turning from a vacation last ntaht. from Alters. ; . ££?'*£*£*'*"*** 

vu^Tt?\f«k Cilfum House, where she Uved in described his wife as an extrovert. Tonight these two men. as rep- toWBrd Mgium and tbo 

“ k % two-room apartment on the sev- whose friendliness probably led her resentaUves of Lieutenant aenera] 

£* lUcES?* WwUdc enih floor T the flf teen-story lo^ her^ death. Joseph Pierre Koenig, commanded ^ ^ ^ «*rew rai 

"The World sTiost WnunriFri building. “She was much too friendly a * force estimated at 50.000 men *“ BB Yfeatost 

hSSgJSSSJS. MIC mrtln, . n»- *■' Mr. Nmwk M. “She which hdd M teat 1*000 Gcmuc D ^ ““ 

"Descent Into Chtaa." a short Une check of the neighboring spoke to poor people, tradespeople, prisoners and m ai n tai ne d order in “fat of them 

story by Pearl S. Buck. buildings in an attempt to identify | rOcafiaaedoa pope 23. cdtunnfj f Continued an pope Z. columns/ ****** F*e* 

foe mo not be tuz tla iw .r » ; u r»f -* win el or jSfDRmrTSiS poScwc DuwrwDwo bohamcsz Twaaxrs a o*t*r ugw rtCTPjg hTi^Z planes were sighted today. 


Sharp: reviewed by Rose Feld. 
“The Green Continent." edited 
by German Arciniegas 

Section VIJ — Thi* Tcck 

"Jobs for Veterans,'' an article 
by Leo Cherne. 


-a wimo. or adtd«tu*x~ 


o> *nb “ouiHfy MOM »■ «!■« 

juatn't Lu*' (AKbvT wuuws .vrn 

mSJUT-Ater Tb«*Ui, uvi-Mk 


geo apnea- Trw'i B tiwt PW tara - —MOM'* IHUMlIMWr trt««W»h TCttMgr-— fa PUCK OK m HEAA Ian =S 

MOM** ocUmi^iUm “ft# trail cm*' to ran «muU* k wiwto Urawan.lr^htmni aamcor TnXr ra teiS SC™ 
Hai UMR1M kitko CtplioL-iaSn. Axtor !te. a ou Ptoulu p dw . *4rt. MvnUl 


C New Vbik Horrid Ttfcma. I 


I w^h periosaun 


THE LIBERATION OF PARIS - ~g& 

AUGUST 22-27, 1944 Wj 

In the last days of August, as the 
Allies approached the city, the unarmed 
population of Paris - reinforced by a small 
number of armed resistance fighters - rose 
agains t the occupying German forces. In four 




°f street battles and general ^ 

r — SERr, ‘ insurrection, Paris was liberated. To - 

in the new york HERALDTRmuNE rri TrtTn p.moTate these dramatiedays, the 

International Herald Tribune isr^oducingthe 
Vj|p7.h - r 1 ^ front pages from the New Yorx Herald 
•»- r 1 #/ Tribune chronicling the week of August 22 
through 27, 1944. 


* 


Allies Swarm Over Seine on 200-Mile Front, 


rill® 


a- 

. _ e • 




fh India 




K< :* ‘-s ■— 

^ I . ' _ "j ‘ 






C -i >-c 
V. 


y >. s . ■*-.*. *<« 


W -: L^ tua^l 








U.S. Companies Gaze South , Again 


THE TRlB INDEX :.1 1 6.81 P 

International Herald Tribune World Stock Index ©. composed of 
280 mlomatio naWy investable stocks from 25 countries, compiled 
by Bloomberg Business News. Jan. 4 j 1992 * = 100 ; 

120' rrrrr ' ■ ' — ■ 




By Allen R. Myerson 

New York Timex Service 

NEW YORK - — The Mexicans have 
voted. Now it’s the Americans’ turn. 


didn't elect the PR1 would have led one They crank out news releases when they 


to wonder about the consequences.” 

The Mexican government, although 
committed to free markets, has a far 


U.S. corporations and investors are greater role in the economy than the U.S. 
poised for a new round of ventures in government does, making national elec- 


Mexico after the ruling party's recent tions that much more of a business issue. 
- victory in an election they regard as clean Just as ancient Romans measured pe- 

enougfr, at least, to be valid. nods of time by consulships, Mexican 

Mexican stocks have jumped, antici- Pf°P le bameihor long-range 

pating and then responding to the sue- "*• ^ ax ' year ^ 

OSS of Ernesto Zedillo Ponce de Le6n, de ° £ial tcm \ 
the governing Institutional Revolution- N «w, much more than before, U.S. 


deatial term. 

Now, much more than before, UJ>. 


.f: *> 


t'Kfti 




ship more products to Mexico, but not 
when they ship jobs. 

The investment momentum slowed 
this year, but Jaime Alaiorre. president 
of the Mexican Investment Board, said 
he expected a strong revival. Just this 
week, he and his staff began calling U.S. 
companies that in the last few months 
had put off decisions on government 
works or investments of their own. 

“Ports, power generation,” he began 
in a interview, as u going down a list. “A 
number of them in textiles, garments. 
Those projects will be moving much fast- 
er. There are projects in the area of auto 
pans.” 

Some apparel work for U.S. corpora- 


AsSa/Paeitic 


■ Approx. 32% ' 

doss mwPwjtsi^s 


■ 7" ' ■v,*'* 


Approx. wwgfttng: 37% 

.absiiJKffrnwrtiaas 



ary Party’s presidential candidate Cor- executives are planning for the coming °? mber °* 1116111 m textiles, garments, 
porate expansions and direct invest- 86X011 *» we &- Thwe projects will be moving much fasi- 

ments will come more gradually as they “k politics — let’s call it an open- or. There are projects m the area of auto 
take more than a phone call to arranse —going to keep moving in the same pans- , , _ 1T o 

and can be much harder to reverse. direction as the economic opening?” . borne apparel work for U.S. corpora- 
- asked Hugo Verdegaal, the head of inter- dons will soon move to Mexico from 

Already^ though, the rustling and the narinnal corporate finance for Citibank Asia to qualify for the trade pact’s tariff 
snuffling heard in many U.S. corporate in New York. “The election confirmed to reductions on exports to the United 
omc« come from plans for Mexican a i ot of people that is the case.” States, he said. As for auto parts, the Big 
investment bong purled out of the draw- w_ Verdeeaal said that rather than Three auto companies are asking suppli- 
ensand off the shelves where they had reacting suddenly to the vote. U S and set up factories near their Mexican 

Errs": assembly plants, 

tered early this year amid the peasant easily a few months am as the U - s - companies are encouraged not 
rebdhonin the southern state of Chiapas ^,1,,,. par , v lo recoveffrnm the ofl iy hy Mr. Zedillo’s allegiance to cur- 
and the assassination of its initial presi- J3S rent einomic policies bmalso by the 

denha^drdat^ ^ DonflJdo 0010810 ^QtibLik now expects ufhdpfinance chances that he will revive other, stalled 
Ml ™ a - government infrastructure projects, es- ^orms. “Thai ; s a mam topic: the gov- 

"w® nmwuraittfin n_. • .i . i < « wnnvnf itSMf HMavitio liK^ral i7ahnn tin. 


Dollar Surges 
On Renewed 
Bond Demand 

Greenspan Warns Against 
Too Much Monetary Easing 


Compiled by Our Staff Front Dispatches 

NEW YORK — The dollar 
surged Friday on strong de- 
mand for U.S. securities and 
indications U.S. interest rates 
are at least on firm ground and 
possibly beaded higher. 

Alan Greenspan, chairman 
of the Federal Reserve Board, 
said Friday that central banks 
must resist the urge to fight high 
unemployment with loose mon- 
etary policy. 


Higher interest rates increase 
the return on doUar-denominal- 
ed deposits. 

The dollar also was bolstered 
by a rally in Treasury bond 

f irices as investors bought dol- 
ars to buy bonds. The price of 
the benchmark 30-year Trea- 
sury bond rose 21/32 point, to 
100 8/32. sending the yield 
down to 7.4S percent from 7.53 
percent Thursday. 

At one point, bond prices 


* _ , J- . 

1994 

•» : •- 1994 

• • . * • V. 

| North America 


Latin America : : J 

Apprcnc wfiigtttng: 26%. 
CtosK 37.19 PiW^,95ffl - . 
iOH : : ; — - 

H 

. Approx, vrrightag: 5% |gB!l 

Ctoic 14ED4PMVJ44fl.7S |Q| 


dentialcaiididate, Luis DonaJdo Colosio 

. . , government infrastructure projects, es- 

“We were waiting to see the results of pecially in electric power, that had been 
the election before we did anything,* put off until after the election. 

^ U.S. investment in Mexico has grown 

StaSd" ^ rapidly in recent years, with a buret after 


Laurence E. Hirsch, Center’s chief ex- 
ecutive, while refusing to describe his 
plans in Mexico, said, “An election that 


dally in electric power, that had been on ™ jnl ilsdf delaying liberalization un- 
t off until after the election. ^ after ti« elections, said Ronald J. 

.... . . . . , Johansson, a partner in the Kenneth Le- 

U.S. mvestment m Mexico has grown venthal & Co. real estate consulting rum 
rapidly m recent years, with a burst after ^ opp^tiou from the 

Congras approved the North American Mexican legislature, the government is 
Agreement in November, already proposing to bundle home mort- 


“Any tendency to seek a bit w ere up almost two full points 
of macro- policy relief by push- 35 investors rushed to buy the 
ing on the outer limits of mone- securities on signs that the 
taiy policy risks longer-term fi- Fed’s strategy for con tai n ing in- 


nandal instability,” he said. 
The dollar finished in New 


flation may be working. 
Although the Commerce De- 


But much new investment by U.S. corpo- gages and sdTthem as investment securi- 
rations is bound to be quiet, even furtive: ^©1 





Berlusconi Promises Action on Deficit 


York at 1 .5745 Deutsche marks, partment on Friday revised up- 
up from 13425 DM on Thure- ward its estimate of growth in 
day. and at 100.45 ven. from gross domestic product for the 
99.78 yen. It raced 'to 5J920 second quarter to 3.8 percent 
French francs from 5.2885 from an initially reported 3.7 
francs and to 1.3300 Swiss francs percent, many analysts had 
from 13023. The pound weak- been bracing for a much steeper 
ened to $1.5310 from $13565. upward revision. 

“It wasn t revised up as 

llJSdily lower wilhKoK "r ?J gly .„ a f.T b L°J CT !^; 
mnr,« n rvTvyiiri«wninntviP.*iH which gave the bond market 


M - .A 'M - -J - J - A M A. M- J J A 
• - . 1894 1994 

.'V VMdkOu" . * . • 

The Max uada US datar vtkm of stocks teToityo. Nmr Vortc, London, and 
Anaontkia, Autfnffia, Auotria, Bafdfwa, Bnd, Ca n ada, Cfaita, Ommark, Finland, 
Franc*. Qarnwny, Hong Kona UMy, Mwdco, N aW a al o nrta , Nnr Tonlanri , Norway, 
Slngafxwa, Spoilt Saw don. Swttzartaod and Vnnu ala. For Tokyo, Now York and 
tonkin, the Meat is corpond cf tfw 20 top imttu it Hims ol marker oaptsakunun, 

. o tt w nm o ttrawn top stocks am tacted 


Industrial Sectors 


Eiwffl 1096 114.40 -038 
im* T30.0S132.13-157 

Fhwra H&gt,jazs& ~0JB 
SenHaa m St 123.12- -&20 


CapM Goods 
RnrIUBriab r 
CPMaprGoodB 
Bsca hn aous 


For more m lo tm a tg m abort the Indot. a boddet ssYMi^Se bee oi charge 
Write kt Trit Index. 181 Amwa Charles deGetMe. 92521 JVedty Codex, France. 


^ ‘ Compiled by Our Staff From Dispatches 

ROME — Prime Minister 
a. How York, London, and SBvio Berlusconi pledged swift 
i. a** omnark, Rntand, action to cut Italy’s huge budget 
deficit Friday, in part by tact- 
mtsol market caprtakntoon, ling ItS gUKTOIIS pensions sys- 
tem, and pledged his support 
for Antonio Fazio, governor of 
w ^ v the Bank of Italy. 
da. aw d*ap. In an attempt to boost coafi- 
12043 12028 401° dence in. his shaky coalition af- 

- — — £■ ter a summer of bickering 

13457 13S63 -0.7B among his political allies, Mr. 

10442 10450 +0.12 Berlusconi warned Italians they 

«•* « _n ae would be caBed oj to make sac- 

rifices to rescue the cououy 
able bee ot charge from its economic plighL 

'iJuautrCode*. France. The conservative prime min- 

«bMnakomiHetaidTrtHina ister sought to reassure Finan- 


cial markets that his austerity conference held before his cabi- 
budget would be ready to be net met to discuss government 
sent to the Parliament well be- finances. 


fore the end of September. 


The government wifi have to 


But he made no secret of the pay out around 70 trillion lire 
fact that a large part of the sav- ($45 billion) in pensions in 
ings would have to come from 1994. That is close to half of this 
changes to a system that has year's 154 trillion lire budget 
given Italians higher pensions deficit The hemorrhage wifi 
than almost anywhere else in the worsen in the next few years as 
world In return for less work. more people retire and fewer 
Berlusconi said existing take jobs and pay into the sys- 
benefits would not be touched lem - Th e drain of money has 
but indicated that those who been made worse by decades of 
retired later would not be able 

to expect the same treatment. Options faring the govern - 
“We roust restructure the sec- mcnt include raising the retire- 
tor to stop the state from going t®® 1 a e c by five years, to 65 for 
bankrupt,” he said at a news nKn h™ 60 for women. 

It could also extend the mini- 
- - -■ mum qualifying period for a 

pension, which for Italy’s army 
vTTljl ■■■ of state employees Is 1914 years, 

f B~w and reduce the payout for those 

1 who retire. 


upee 


tional Alliance, which is led by 
neofasdsi groups. 

Allegations by senior figures 
in the party that the central 
bank was subverting the gov- 
ernment with this month’s in- 
terest rate hike sparked disquiet 
on financial markets. 

Members of the National Al- 
liance have also criticized the 
central bank for its handling of 
the sale of the state-owned 
Banca Nazionale delle Com- 
murucazioni- 

Mr. Berlusconi said the cabi- 
net would discuss the central 
bank and that, while he could 
not give any information in ad- 
vance of the meeting, be and the 
government intended to respect 
the central bank's autonomy. 

Mr. Berlusconi said he hoped 
Ihe criticisms and observations 
made about the central bank 
were "not true" and added. 


monetary policies will only lead 
to inflation and a sick economy, 
Mr. Greenspan said at a confer- 


id the game,” said Steve 


ctm sjraosorod by the Federal ° f re5 “ rch “ 

ReserveBank of Kansas City. , .I™. 

7be Fed has raised U.S. rates - report pomtedlo a slow-. 

five times this year in preemp- Sfeftal’SSSdte^toedand ! 
tive strikes against inflation. uvawwu'w™-. 

“ d ™4*“ “aye 

been eager for any signs as to 7 \ w ~ 

ri . _^n fixed-income securities. 


whether monetary policy will 
now remain steady or be tight- 
ened up yet again.' 


The Commerce Department' 
See DOLLAR, Page 10 j 


The Dollar’s Uptick 

Currency trading on Friday. M times GMT. 


Y«0- •’ I 
100.60 per dollar j 
; . i. * f 
I t I u 
100.20 rMi 


1 .T 75 5 1 t < 

•.Deutsche i 
roarfca | 
1-585 per dollar : 


Dollars 
per British 
pound*'. . 


By KeVinMurphy 

iHtamandrt^ Scrtdd Tnbtote 

, OMBAY — After years of wrir- 


somc analysts say the Reserve Bank has 
two clear options: It could stop buying 


“We have not yet truly tested it in the 
marketplace; were bring too conserva- 


dollars at the current rate and watch the tive,” said Mr. Shah, who said current 


Mr. Berlusconi also backed “There cannot be doubts of the 
Mr. Fazio, the governor of the government’s will to respect the 
central bank who has been the autonomy of the Bank of Italy." 
target of criticism from the Na- (Reuters, AFX, Bloomberg) 


0200 1001 
Source: Qloomber} 


•jnrorted scafe j 

ImcnMvnal IteuU Tnhim: 


haps more welcome problem: The rupee, 
may now be apprediing roo quickly for 
its own good. 

Positive results from, its economic re- 
form efforts, stroog exports and a flood 
of foreign investment have helped boost 
India’s foreign rewves to nearly $18 
btition, not co unting $4 billion in gold 
reserves.' 

.The growing hoard marks a dramatic 
turnaround since June 1991, when In-, 
dia’s foreign reserves had dwindled to 
51.6 btUidn, alarming, the World Bank 
ami the Inttarnatiooal Monetary Fund, 

. The crisis prodded fodia onto a path 
of reforms aimed at cutting its deficit, 
to wering barriers to foreign trade and 
investment, and dis mantling the so- 
caBedficcnseng, under vd^hbuanesses 
had to seek permission from New Ddhi 
burcaocrats to^ make. any. major move. 

Now that the economy is improving 
and the reserves' are piling , up, banks, 
boardrooms and broadsheets across the 
country, are passsonau^y.&cu^ng the 


^exchange rate and risk stoking inflation But if Mr. Singh's plans to revitalize 
by putting more money into the domes- the economy continue on target, the 
tic economy. problem with swelling reserves could di- 

’ Others argue that the issue is less minish on its own. India's fast-growing 
straightforward. economy may lake in enough imports of 

“Money supply growth has^not been consumer durables and capiial goods to 
the major factor in inflation,” Mahesh reduce the country’s foreign reserves. 


Nestle Resuming Its Search for Water 


— ■ - * Most of India’s big business groups 

. „ • have recentiy announced large domestic 

. If Or CVCiy voice investment plans. 

<XM£ratulatill£ India on mtil much 4 of Uie new mending aimed 

^ _ 6 at equipment, plant and infrastructure 

tfae change in its needs, corporate India appears ready to 

. . ° embark on high-tech shopping spree that 

• fortunes, another says wfl} probably cut into the reserves. 

somethine must be done At the seme lime. Ihe Reserve Barit 

. ovwvuuug may have more flexibility to deal with 

about it- the problem than many realize. 

- “While the level of reserves is much 

,, ... r .. larger than before, their size alone should 

Vyasj executive director erf the Center for not ^ much concent” Mr. Ran- 

Momtonng the Indian Economy, said, c f ^ central bank said. “The 

“Mismanagement of essential commod- ae ed f or us to build up our reserves is 
txy supplies and their pricing has. vay much 
A wide range of pnee supports and While ^ bank a 


m a n a gem ent of these reserves. • - government involvement in the agricui- 

For every voice congratnlating India tural sector, whirii employs the vast ma- 
tin the dumgc in its fortunes, another jority of working Indians. 

msists something must be done abcwi n. Pradip Shah, managing director of mmt ^ r^uced its demands for credit 
In an economy seeking® expand ex- Credit Rating Information oflndia LicL, from ^ hank easing strains on the 
ports and fight inflation, Rnaace Minis-, said the government should broaden ^^^5 money supply, 
ter Man mo h a n Srnzh and Chalcrabony the hand of the float of the rupee. The Mr. Rangaraian said that government 
Rangarqan, head ofthe Reserve Rank of government exercises tight control over borrowingfrom the Reserve Bank had, 

laiCi.', - -4URnb nnKm <4inuvc -* nihioh ic nnl VFt frH'Jv CHI). 


try supplies and their pricing has.” vay much 
A wide range of pnee supports and the central bank envisions a 

subsidies still exists as a legacy of close continued active role in keeping the ra- 
govemment revolvement re the agneui- _ at its current level of about 31 to the 
toral sector, winch employs the vast ma- \j S dtrflar, Mr. Rangarajan said better 
jonty of working Indians. fiscal discipline by the Indian govem- 


CampUeJ by Our Staff From Dupatdies 

ZURICH — NestJ6 SA on Friday raised 
its stake in an Italian mineral-water com- 
pany, a decision that analysts said showed 
the food company was likely to renew its 
expansion in the sector. 

The Switzerland-based conglomerate al- 
ready is the leading bottled- water compa- 
ny in the world. It enlarged its stake in the 
Luxembourg holding company Compag- 
nie Financifcre du Haut-RJhin SA. which 
has majority control of San Pellegrino 
SpA, to 42 percent from 28 percent. Nestle 
purchased the shares from two Italian fam- 
ilies, the Gardinis and the Malagars. 

It added h was still negotiating with the 
Mentasti group, which controls Cotnpag- 
nie Financifcre du Haut-Rhin, to buy more 
shares and raise its stake further, to 49 
percent. No financial details were given. 

Nestifc also has a direct 25 percent stake 
in San Pellegrino, Europe's sixth-1 argest 
maker of soft drinks. 

San Pellegrino is one of two or three 
“truly international” mineral-water 
brands, said Fran^ois-Xavier Pierroud. a 
Nestifc spokesman 


Since buying Source Pemer sa 01 
France two years ago, Nestle has said re- 
peatedly that it sees good prospects for 
nirther expansion in the mineral water 
business. Last week it acquired Sources du 
Col Saint Jean SA a small French mineral- 
water company. 

Wilhelm Blaeuer, analyst at Union Bank 
of Switzerland, said he expected Nestle, 
already the world leader in mineral water, 
to make more acquisitions, mainly in the 
United States. 

He said Germany presented opportuni- 
ties for expansion, as the market there was 
highly fragmented. Another opportunity 
lay in Volvo AB’s Branded Consumer 
Product^ the former food operations of 
Procordia AB. 

Nestifc has said it was interested in buy- 
ing certain parts of Branded Consumer 
Products, which Volvo wants to sell. 
Among the unit’s activities is the Ramlosa 
mineral water line. 

Through its direct stake in San Pelle- 
grino and the indirect stake via Compagnie 
Financifcre, Nestifc will have an effective 
overall holding of 53.8 percent in. the Ital- 
ian min eral water concern. But it will still 
not have control, which will remain with 


the Italian Mentasti family. The Mentastis ^ 
will continue to have 51 percent of Com- ? 
pagnie Financifcre; which reportedly owns . 
58.7 percent of San Pellegrino. 

Swiss analysts said they expected Nes- 
tle. which traditionally shuns minority ; 
slakes in companies, eventually to seek • 
control of Compagnie Knandere du Haut- 
Rhin. 

But Mr. Perroud of Nestle said, “We wifi • 
not be running the company; it’s a finan- I 
rial participation. 

James Amoroso, an analyst at Credit 
Suisse, said Nes lie’s move to increase its 
holding in San Pellegrino was “totally in 
line” with the company's strategy of ex- 
panding its mineral-water business, 

Nestie’s stock rose 27 Swiss francs ’ 
($20.72) to 1.229. a gain that was about 
double that of the overall market, dealers 
noted. Mr. Amoroso said Nestle had 
“stormed back” in the past five weeks after 
a period of weak performance. “Investors 
are returning to the stock.” he said. 

Nestle shares have been as high as 1.426 
francs this year, but they slumped from 
that high in late January, reaching a low of 
1,070 on July 13. 

(Reuters. AFX. Bloomberg! 


India's,' face difficult 
As the foreign ex 


choices. the currency, which is not yet freely con- 
pours in, vtttible. 


See RUPEE, Page 10 


CURRENCY & INTEREST RATES 


Euro Disney Slock Plummets 
As Analyst Questions Price 


Cross Ratos ■ • - Aug. 28 

* ' t BJL FJF. tx* Ojn ns. sr. rt* a 

>wntuam« un ua ud <a twt- — i*os* tn u*s- va raw 

Brawl* SIMS 34 B AS »»• «*5 i— SUB BSI S* 

Bratton UW v* — 12WT fW- asm *w* mm uaa ijw> 

LMW la] 1MO ]MI ISOS 2400 SUM 0M UM MM3 !”U ■® ti0 

Mstta BUB wa tut sua US: W-- 4 M* JU* mat- n« 

mhm imuu utw mss — msa Mi l » j» I. 1 SJ 8 mm 

rnmYomaa — raw* u* ssnvat* om . 3ua us mas uw evs 

Pant UK UBS m» — ' bji* ud tw on van- uoi w 

Tokm IMS 3SJH HAl tiff US . S3* ttM ..»» 

TofMta ma isb ssm »bg »■ bjhi urn* uoot u«s* — - tf* 

ZtrWh IAS UK IW UU tn* CBS W . UW* OME 

neu \sm ant tarn asm um ims j itm ram mbs WJ® 


Eurocarraney Deposits 


Franc sterling Franc 

t H ie n lfa 4 4 “W Vm 4 W A* A 1 *»S Z »-3 

3 month* 4TB-5 A5V5 4 *»A v, 5%4 Vj SVlfSWi 2«<-5 

smooths 5n-5*w MVii **>4Y* 5^4 5 '^5’^ 2^5 

lyear 5 -y^s ■*« 5U-5W * ^ ^ *«.-«* Tnt-1 

Sources: Reuters. LtoyOS Ben*. 

n r ^ (t r ^~^c. *> i n t*rtx*±e*!oa&itsQtSI mHfianmtnirnvm ioreattlva*ertt). 


iswt swu am vm tau* is* bsw. iw muii uw mza 

Ctot*m Of A S> i mr fi xn . uodm Hour *<**. Ton*** oatZorteb. /Mags ktotoereanteni 
0 To bow am aoona: 0 : r D oar ate dot**; -. Matt or W MA- tad moled. MA.: not 
omoAsMt. 

Other Detkar Vatasaa 


Key Money Rates 

United State* 


C wr utCT NrJ 
fmoLMW asw 
UM.S ‘ J las 
tmd r.Khk. MB 
Bratfiraal U» 
CUttWH MB 
ctKbtonM tut 
OnMrkraoB &1H 
iBTHLmtt Ui 
Flo. markka um 


O km o *arf 
Bra s i arac 8 CB 

dmxbws ■ Me 
man. Mm mu 
naeanant na. 
MAmtai am* 


Own Pert 
r*r~ rr— itt 
KlaMAl UM4 
MrKtnat 431 
mL*B» 2433 

mukIw san*. 

Wert — one tsfja 
MAIM 31 MOO 

swtfirhni .Usor ■ 
sews in* 


S.Alr.nsad 

iSr ’& 

TMM» W 
lerewiw 32MA- 

UAE ffirheHn sotar 

Vcoefcwnw. mao 


Forward Rates 

cthMcv nmrr mm qktm 

■"bmomh . 1 seta tsn* isaa. Gmaa* 

omcMiwt - • ««* rim U* jbooob 

Mnhec iJBt UO !■*» 

sovran me Mrt t m t mt odo mi .- *aaaw*f mudtfBm 
um*l AKwr frooct Peru* i Ports! : 0*m at hh 
I Tomato!; IMF tSMt Httdonaad AP. 


Untied states Close Free. 

DUcottfrnte <■« 

Prtawraw JZ Jr 

FMendfaodi 

SnnnalhCDs 

C«nm. paper Wdm 

Unoam TreasanrMl ^ fS 

HrearTteasanrM jS 

3-ntf Treasury arte *■« f" 

S^tarTteawryttU 

7-rea Tjemamm M tn 

SSS5SEISS “ 1 % 




Cennah* 
Umtwnl rate 

COM inownr 

vanath inMMj* 


Aug. 2 fi Reuters 

French PARIS — Shares in Euro Disney SCA. the financially troubled 

wrung Frtmc y« ecu theme park operator, were suspended briefly on the Paris bourse 

1 su-stt 2vt*-2Vr 5 vi v Friday after they plunged more than 10 percent in active trading 

011 dw doubts about the park’s viability. 

i-y-s-*- 2 SV. 2 U 4 *- 4 ». The siock exchange hailed trading for 15 minutes after the 

shares hit 930 francs ($1.75). down from a dosing price of 10.30 
i anmininajm tor earn *uera >. fran cs on Thursday. 

The Paris bourse stops trading in a share for 15 minutes if its 
b _ |)mU price varies by 10 percent A further suspension is carried out if 

Booktxtte rate sv> 5V. the price moves another 5 percent. 

i-wamfl inieroo nt s m 4% Riirn r>igney shares dosed down almost 8 percent at 9.S0 francs. 

Brokers said the plunge in the stock came on news that Nigel 
tfryaoTcai 843 an Reed, an analyst at Paribas Capital Markets, had valued the 

Fnoae share s at iust 1.60 francs after a visit to the company. 

liilgi wfiiHmi rtdt SSXt 5J20 ** 

c an wwnw st* sv. Mr. Reed, who is based in London, declined to comment on the 

sSSmuSS m n? reported figure but said, “I value the share at a very low level.” 

ttMaBunUftanR s*. s v. He is a respected analyst in the leisure sector and a long-time 

1 sEES? T s«rfrra, Btaotmaii^AtJrm bear on Euro Disney, dealers noted. 

oZZJSZLZ*- lMdirfSZ tbonk ’ The Euro Disney theme park near Paris was opened in April 

1992 but failed to attract the expected number of visitors. 

AJgL pjm, cirw fn late July, the cwnpany said it had posted a third-quarter loss 
zmhch 38250 383AS + an of 194 million francs. It reported a 21 percent decline in revenue to 

Undo* 18130 M30 U"*- 1.16 billion francs and said it had taken a restructuring charge of 

JSLmmZS. 352 milUon francs. 


GLOBAL ENVIR0NNENT FACILITY PROJECTS: 

The U.S. Agency for International Development 
(USAID) jofiau expressions of interest in receiving Requests for Proposals 
fRFP) for two USAID-funded Global Environment Facility Projects. 

BULGARIA BIODIVERSITY GLOBAL ENVIRONMENT 
FACILITY PROJECT. TJus project is aimer) ar strengthening ihe Bulgarian 
nature protection management system at the national and local levels. 

DANUBE TRIBUTARY BASINS GLOBAL ENVIRONMENT 
FACILITY PROJECT. This project is aimed at reducing the emission of 
toxic compounds and pathogens to international waters in selected areas 
where potential pathways of human exposure cross national boundaries. 

To retetve : copy of both of these KfP. please submit a written request to: 

Karen Beveridge, UJ. Agency for International Development. Office of Procurement. 

A/OP/EHI/EE. Km 1440. SA-14, Washington. DC USA 20521-1426. 


OWl iwwwv | 


fAtorveotlaareto 
Con money 


Lvncti . Bank at Tokyo. Commerzbank. 
Ormnwelt mmw. CnMULynma*. 


W. 

Gold 

AJM. 

PM. 

Clrtw 

444 

Zurich 

mat 

3834 S 

+ 0.10 

too 

CBS 

London 

38130 

38 X 30 

uneft. 

New vort 

3 UJ 0 

387.10 

— 020 


Save on international phone calls compared to 
local phone companies and calling card plans. Call 
from home, office or hotels and avoid surcharges. 
Call For rates and see how to start sacing today! 
Lines open 2-4 hours. 

. Call: 1-206-284-8600 

&k§jjback Fax; 1-206-282-6666 


(Mtti. a*m at TtkM tTatnoH Karol Bo** Gaaaso kraotani »»»« 


toot: Zurich tad Meat York opening and atm 
tag prKes.- Near York Omen fOtctmoer.) 
Soum: Rooters. 


In June, a Saudi prince, Walid ibn Talal ibn Abdulaziz. said he 
planned to invest as much as 1.9 billion francs in the company. 


419 Second Avenue West. Seattle. \VA 9$1 IP USA 






-v. 






Page 10 

MARKET DIARY 


ECONOMY: Data Cheer Market 


slowdown in orders to suppliers 
this summer and fall, and a con- 
sequent slowing of production 
lines before the economy hits 
capacity? Economists now 
dunk this scenario less likely 


UA Stocks 


and think the inventory adjust- 
ments are part of the economy’s 
welcome adjustment to a lower 
and more sustainable path of 
growth. 

Donald Kelly of Lehman 
Brothers said inventory growth 
has followed a logical path — 
low in March after the winter 
spurt in sales, higher in the 
spring as business restocked, 
and lower during the summer to 
remain consistent with the 
slower growth in sales. Al- 
though this could depress 
growth to zero in the third quar- 
ter, warned Edward Yardsni of 
C J. Lawrence, “if $ best to ig- 
nore this statistical noise be- 
cause the fourth quarter could 
bounce back to 3.5 per cent” 

“Hie underlying economy is 
on a steady growth path,” he 
said, “but Wall Street is just 
scared of its own shadow this 
year. They have all been 
spooked by the Fed.” 


kept it rated as a buy. 

Philip Morris added 1% to 
5 1 Vt, still benefiting from a buy 
recommendation issued this 
week from Salomon Brothers. 

BMC Software dropped 3 Vi 
to 49% after downgrades by 
Goldman Sachs and UBS Secu- 
rities. (Bloomberg, AP) 


DOLLAR: Surges With Bonds 


Continued from Page 9 
left its measure of inflation for 
the quarter, known as the defla- 
tor, unrevised at 2.9 percent. 

The deflator typically paral- 
lels rises in consumer prices, 
which climbed at an annual rate 
of 2.7 percent through July, the 
same as during all of 1993. 

“It looks like people can in- 
vest in the United States and 
feel comfortable now," said 


Foreign Exchange 

Paul Farrell, manager of strate- 


gic currency trading at Chase 
Manhattan Bank. 


Manhattan Bank. 

Currency analysts often 
watch the performance of the 
S3 trillion U.S. Treasury market 
for dues about demand among 
overseas investors for U.S. as- 
sets. Those investors must buy 
dollars to purchase American 
stocks and bonds. 

For many traders, Friday’s 
rally confirmed the notion that 
the dollar was finally rebound- 
ing from a seven-month slump 
that took it to a post- World 


War El low against the yen. 
“The dollar is clearly oottc 


“The dollar is clearly bottom- 
ing,” said Marc Chandler, di- 
rector of research at Ezra Zask 

Associates. 

Many traders who had been 
expecting the GDP report to 
depress bond prices and the 
dollar wens caught wrong-foot- 
ed and hurried to cover their 


WORLD STOCK MARKETS 


CioepPrev. 


Amsterdam 


ABN Amro Hid 
ACF HoKDna 309) ]U 0 

Arbor 10460 101 .HO 

AhDld 4AM 4120 

Akzo NobtH 220JO 719+0 

AMEV 7529 7420 

Bob-Wenonen 42.10 4230 

CSM 69.10 W2D 

DS» 145 MZ2D 

EbMVter 16920 16020 

Fokker . 1620 1450 

Gtst-B recodes 4600 *6S0 

HBG 294 292 

Hemefccn 24220 240JC 


RfKHnrrwrall 330 330 

Schertna 939 925 

Siemens 691 JO 689.40 

Tlnwa 31530 312 

Vona • 31531050 

veto 54520 54 B 

VEW 385 388 

VIM 4725049420 

Volkswoaen 49050 4H) 

Wei la 1050 105C 

PAX lodca ; 216154 


Homer Douglas 

IHCGMand 

Inter Moeller 

lim Nederland 

KLM 

KNPBT 

KPH 

NetHtoYtJ 

OceGrMen 

Pawned 

Philips 


Helsinki 


Amer-YWymc 114 |17 

I Enso-Gutnrtt 4520 4450 

Huniamafci 154 155 

K.OlP. 1020 1020 

I Kvmmene 136 137 

Metro 165 148 

Nokia 530 528 

Pohlota 67 68 

RCPOlO 106 109 

Stockmann 2 » 257 




Rodamco 

Ronnco 


Royal Dutch 

Stork 

UnMeer 

VanO mm ertn 

VNU 

Wotlen/K timer 


KSM MW 


3420 35.10 
141S 14.10 
2550 2490 
1820 1855 


Johannesburg 

a 28 sa 

ectl 118 120 



AECI 

Ailed! 

A nolo Amer 

Borrows 

BlYTOOT 

fiuftab 

Qe Beers 

DrlefmrHn 

Gencor 

OFSA 

Homwv 

HJcnvew Steel 

Kloof 

NctibankGr* 

HnrvMonWn 


Madrid 


SA Brews B8 87.50 

51 Helen C u 

Sosol 3325 33^s 

We s tern Deep 19450 199 


24026450 
32 33 

1075 1075 
4575 44 

KJ82S 110 

uS"5 

128 127 

2950 30 

3250 3C2S 

35 SI 

53 52 

114 110 

33 35 3325 


Bonesre 

CEPSA 

Pr o n od es 

Encess 

Ercros 

Iberdrola 

kcovA 

TaBocotero 

Telefonica 




London 




Enterprise Oil 
Eoratvnnel 








INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


**• £* 

U.SyATTHECLOSi pfOl* 


Via AueooMd Wen 


Dow Jones Averages 


EUROPEAN FUTURES 


■ Cydicals Lead Stock Rally 

Faring concerns about infla- 
tion sent stocks sharply higher, 
news agencies reported. 

The Dow Jones industrial av- 
erage finished up 51.16 points 
at 3,881.05, while gaining issues 
outnumbered losing ones by a 
5-to-2 ratio on the New York 
Stock Exchange. 

Stocks sensitive to swings in 
the economy were among the 
biggest advancers. General Mo- 
tors jumped 1% to 51%, and 
Caterpillar rose 354 to 1 15%. 

Technology stocks were 
strong for a second day. 

Digital Equipment rose Vi to 
24% after it joined other com- 
puter makers in announcing 
price cuts in most of its Intel 
i486 and Pentium-based per- 
sonal computers. 

EMC rallied Itt to 50% after 
Morgan Stanley issued a posi- 
tive report on the stock and 


D^cfo^taaoftha - • 

Dow 


0 * 6*1 HI**! Low uni Ol. 


Metals 


3349.77 389357 382060 3881 05 + 51.14 
Trans 168313 161703 159679 W440 -+1501 I 
; UtH 187.98 189.36 186.99 18804 -IAS : 
I Came 132303 U&S 131727 133JJ9 -1505 


Om PrwkM 

■Si A* am Art 
ALUMINU M CM lye orodel 
52”^ VSS0Q 145600 14*600 WS708 

151150 15U0) jalfl o isitao 

COPPfi* CATHODES (HU G» H0> 

HON 240400 

Forworn 242700 242 s3o 341U0 M&N 

LEAD 

F^wo ra 5924)0 9T3JH SWJ» »** 
NICKEL . . . 



Standard & Poor's todwees 


v ' ' tl • y •• 
C 1 i- '■ 


Industrials 

TronsD. 

Ultima 

Ftaonce 

SP5C0 

SP«n 


low dm 

M9.ll £671 
»&» 38165 
15548 156.91 
4556 4648 
46006 53J0 
<3186 428.17 


HU LOW Los 
Doc 15875 15775 lOl 

a ® as II 

25 !£3 iSS ® 

& 

E*tvaa*no- llZS7. Op* 
•RENTCRUDEOJLOrel 


Lost sent* arte 


m ££ tss 

mm ts 

SW5 lgjg + 4H 

jsft satis 

OptnUlt. 707/473 


Digital Cuts Prices on 60 PC Sptems ■ 

MAYNARD, 

Cop. a affect most of 

fatnffles. the 

company said. •• 

Comdisco Settles Lawsuit With IBM 

j ac\ rnmdisco 


oa^^649 1 W 2 UN ’604 -o; 


570070 WMO 

lo?i«rd 5SS smxn smn smse 

na . . . 

sS? nP,rB Swfia90J0 9S070 5298-00 
FWwart] SJ5570 04070 534070 537070 
ZINC tSN*eM>m ernto) 
gaw^n^w ^ W4JB 
pSlonl 9BU0 98770 996J0 99770 


NYSE Indexes 


H*h LOW Lad 0*0. 




CemoosM 

iraiusiriali 

Trwsp. 

utauv 

Finance 


261.19 258.14 24073 *244 
32437 320-39 3t3SS -3J6 
74638 JCL23 246.05 *272 
21178 709.14 21059 -135 
21834 2162 318.12 *1.90 


tt3 SS £3 tti=S 

6M 1622 1622 

Urt 1038 1A46 1621 —0.19 

ItT NT KX 1621 -UM 
MT St HT 1423 —AT? 
frr NT NlT 1426 -0.13 
NT NT NlT! 16 ZJ —0.15 
St' NT NT. 143-015 
St?: ILT. N.T. 1429 —0.15 


Estvohiwie: 27/449." OpanM. MaW? 


Rnanddl 


S ^~i& - jk "« ■ "j "d'"A 


NASDAQ Indexes 


Mali Low LoU On. 


NYSE Host Actives 


Comoasrt 

indusJriats 

Insunuce 
. fincaco 
! Tron». 


76430 757.82 76237 *737 
765195 76037 76468 -734 
777-44 77737 77732 —O-II 

93132 92095 92839 -2.90 
95535 95420 954.95 -ILX 
73035 72935 73035 -923' 


HiR Nab 
ACvtTl 
ToiMex 
, Comooqs 
IBM 
PtiHMr 
GnMolr 

Fords 

I 

CtnQs 

CHpdcH 

PotmEl 

WtHMorT 

aifcnro 

wvoEi 


veL HHrti 
54B9S frln 
48490 96* 
41600 66'/i 
39990 39 
39875 70 'Y 
35335 584k 
35214 52 
34707 30>- 
33135 1B'4 
31802 51VO 
311S7 249* 
27277 20’a 
26088 2446 
24243 44 W. 
24197 13V. 


AMEX Stock Index 


Hfcft LOW aart dime 

34MONTH STERUNO (UFFE) 

I9MN8 *P4lBl 189 oe7 
St« 902$ 9019 9435 UndL 

Dec 7U» 9X23 9338 +0X2 

W 9231 9i58 9230 +0M 

Jue 92.17 92 JS 9115 +QU3 

Sep 7161 91.59 7168 -HUM 

DK 9138 9T30 9T3B + 004 

M<r 9098 71X81 90J8 +OW 

Jn 9080 9069 9080 +OBS 

$40 9030 90-58 9030 +(UB 

DK 9055 9066 9057 +008 

Mar 9045 9037 9046 +006 

Jua 9036 9036 9036 + 006 

EsL raliim: 50220 Oiwi Int: 5SU01. 


Slock Indexes 

mo LOW a«* OWN 

(UiaiFFE) 


^ nUfl HRfl 336J0 

l E ^0 »996 

BtiBhiiie: Uri. 61621 

CACe tM ATlEl 

Sg" ptrl 5Sir%?x. 2067JM 

y£? 207000 202000 207100 +7«£ 

§5 203960 +»■» 

DK 210700 36*100 7\VLX +»■» 


B m ^ tss 

EsL volume: 31«2-Op«ilnL: 6X10. 


MBb Low Last 0*0. 
449J6 447.12 44966 -144 


56MWTH EURO DOLLARS (LJRFCl 
51 ITHnoN-ptSOf BMPCt 


Dew Jones Bond A 


IRB8M • Ml Of HM 90 
m N.T. N.T. 9095 + 002 

K 9024 9034 9028 + 001 

or 91J7 9X97 9401 U«£l 

m N.T. N.T. 9368 +601 

m N.T. N.T. 9339 Untfl 

Est. volume: 38. Open tnt: 4657. 






MHOftTH EUROMARKS CUFFS) 

DM1 aBHM • pto ef m PO 
SOB JJM 9S0O 9503 +002 

Dec 9465 9430 9435 +033 

MOT 9468 9461 9468 +005 

JOB *426 9017 *025 +007 

Scot 9197 9366 9334 +007 

Dec 9368 9157 9365 + 006 

MOf 9364 *3-37 9162 + 804 

Jn 9123 9114 9122 + 007 

S«p 7100 9237 TUB +009 

D»C 9233 92J4 9204 +0.10 

Mor 9267 9240 9230 +111 

Jan 9150 7264 9152 + 005 

EsLvetumo: 50318. Opon HtTj 785325. 
IMCIfTH P1BOR CMAT1F} 

B amm -a[ n m peso +«r 

S5 8S S3 JSS 

Jun 9133 *122 9133 + 005 

Sep 9303 7197 9305 +0JH 

Dee 9230 92-72 9230 +803 

Mar 9266 91S 9264 +003 

Jon 9151 *143 914* +002 

est, volume: 2X148. Open Int: 19M11 
LONQOILT (UFFN) 

(S8604 - PtS A tooctl W H* oct 
SOP IBM* MI-02 W-T2 ++2S 

Doc 102-05 100-22 101-31 +8-3* 

Mar N.T. N.T, 101-11 +006 

EsL volume: 121080 Opwi Mj K703S. 
(HUMAN SOVERNMENT 817MO O. IFF El 
DM 250888- PH oMM pet 
SCF *112 9L31 9204 +064 

Dec 9L27 9050 7102 +062 

Mar 8900 89 JO 9132 +062 

EsL volume: 11U7S. Open Int: 15701*. 
10-YEAR FRENCH OOV. BONDS (MAT! FI 
FF58O088 - PtS OfKN PCt 
sep 11406 11116 11304 +004 

Dec 1 13. IQ 11200 11194 +134 

Otar 11204 11168 112J0 +004 

Jaa N.T. MX. 11104 +004 

Est volume: >50370. Open Int.: M101& 


20 Sands 
10 unnita 
10 Industrials 


NASDAQ Most Actives NYSE Diary 


short positions, analysts said, 
speeding the dollar’s rise. 

In a short sale, traders sell 
dollars for other currencies on 
expectations that they will be 
able to buy them back at a low- 
er rate and make a profit. 

“The interbank market was 
really short and had to cover 
their positions on the way up,” 
said Peter von Maydell, curren- 
cy strategist at First National 
Bank of Chicago. 

The dollar’s rally gathered 
further momentum as its rise 
triggered stop-loss orders, which 
are set in advance to limit losses 
when a currency moves against 
expectations, traders said. 

But analysts warned that the 
dollar’s gains against the yen 
could be short-lived if the Unit- 
ed States and Japan did not 
make progress in their trade 
talks . 

“We would agree if a trade 
agreement is reached, that 
would be good for the dollar," 
said Adam Chester, interna- 
tional bond strategist at Yamai- 
chi Securities in London. “Bui 1 
don’t think we’re at a stage 
where a near-term agreement is 
on the cards." 

The dollar got some support 
against the yen from rumors 
that George Soros, the financier 
and currency speculator, was 
buying the currency. (Reuters, 
Bloomberg, Knigfrt-Ridder, AP) 


dseos 

BMC Sfl 

SunMic 

MM 

Oracle -. 

NaxtalCm 

Mlcrtrs 

DSC 1 

MCI 

TetCmA 

NOVCS 

Dane o<r 

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Cvntrvs 

LneSStk 


HMi Low 
25% 24 

55 46'/. 

28 ■+ 25* 
46»m U 
44 V. 43'/. 
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24 V, 23W 
22M 21 V» 

15*1 15Vj 

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424* 41’/, 

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24 23 


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22V* -I 
15V* -V* 

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42*1, - 'Vi, 

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24 -V, 


Advanced 
Dedirwd 
Uncnanaed 
Total issues 
N««vKoK 
Now Lews 


AMEX Diary 


AMEX Most Actives 


Advanced 

Declined 

Unchanged 

TeM issues 
NowMians 
Now Lows 


I Amcfil 
VlacB 
GrevLne 

viocmrt 

OwvSHs 

tvaxCo 

AfOTl 

ENSCOl 

PtSorlnd 

SPDR 


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177«0 71* 
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7009 4W„ 
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6271 20V, 
4926 S’.* 


3648 351* 
3395 473/n 


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33 V: 339, 
4Vj S'* 
4W 41* 
12'* 12V: 
30*. 20V* 

4Vk SV« 
15H 15H 

32V* 3SM 
47V# 47” A# 


NASDAQ Diary 


Advcioed 

, Ded rod 

; Uncno+snd 
I Tots' issues 
NewMism 
Now Lows 


Spot CommocRtlea 


Per Amt Par R*e 

STOCK 

_ 5% *-W 10*14 
STOCK SPLIT 


CNB FTncJ 2 for 1 apOt. . . , I 

OUrnn Corp o rtow to buv a prvf. Aon lor 


OronimM Inc 1 aljr of Orrtw* Medico! lor 
■vary 10 gwrm rfChrenJ mad Md. 
GermatHtopp 1 tor 2 Blit. 

INCREASED 


BoauriCoatrot 

HorriaCBtp 


O .MS 10-3 10*17 
a 01 9-4 M3 

Q 025 9-15 9-30 ! 
5 .17 7-15 100 


Jnc. said Friday « awuw <u. million in cash - 

Carpt and IBM Credit Corp. by paying IBM S50 tmiuon w casn 

and S20 million in a convertible note. . 

International Business Madunes and IBM Credit 
chareingthat assets owned by IBM Credit were 
by Conxlisco. They also alleged tbat Comdisco ^ 

making computer systems memory and marketing it as IBM man- 
m* eligible for IBM maintenance agreement ^ * 

r A f 9 ^K«vs*« share mice has nsen more than 8 percent am* tne 

Friday. ™*gUS£5£i 

stock,” saidVteAJordan, an analystwith 

that continued expenses and an uncertain outcome of the lmga-. 
tion had weighed heavily on the stock. 

^ (Bloomberg, Reuters, Krugfa-ftMer) 

Brazil’s Monthly Inflation Slows 

SAO PAULO (Bloomberg) — Brazil’s ' 

slowed to 2^6 percent, the slowest use m consume pnees since - 
1986, the Institute for Economic taavdi MU Friday. 

The insti tute measured inflation from J uly 23 to Aug. 23 at 2 .So 
percent, a fall from the AS percent rostered last week in the 
previous 30 -dayperiod. Inflation was 50.7 percent m June and , 

“l^mShw is failing,” said Juarez Rizrieri, chief of inflation* 
studies at the institute, a department in the University of bao 

Panic. “The cost of dothes is negative, and the only item that stin * 

shows resistance is rent.” 


AEP Indus 
Abrams Indust 


WMtmvHoU O .17 0-15 !0v 

SPECIAL 

Som Hllto Fin . 0 M MO 

INITIAL 

GrMnwICh St MUfd . 06 9-23 9^0 

REOULAR 

Q 02 M3 10-7 

Q 03 +12 9-24 

S 02 9-15 9-30 

.15 6-25 9-15 
- 05 9-24 10-15 

Q 075 MO 10-25 

Q 088 M2 9-23 

. 05 9-15 730 

C 0B 9-15 10-1 

Q 03 9-4 *-15 

V 03 10-7 W-31 

* 00 9-2 W-l 

.IS 9-6 W9 

a 005 9-12 10-3 

Lartf Puraftara Q 07 M Mi 

u ml tad Inc 5 09 *-* 

Moson-Dtxoa a 04 9-2 J-15 

McRoa ind A Q JDB7S 9-1* MD 


Phone Companies Get Cable Victoiy 


WASHINGTON (AP) — Tdqphone companies seeking to 
provide cable services over their lines don’t need to obtain costly 
franchises from local governments, a federal appeals court ruled 

The decision, which affirms Federal Communications Commis- 
sion policy, was a setback to thecable industry. . 

•This ™»»»nK it will be modi easier for them to bund these 


Market Sales 


C om mod i t y Today 

Aluminum, lb 8674 

Cocoer otactrotvrle. to l.M 

Iren FOB. Ion ZT10O 

LBOZI0 83SS 

Silver, troy o*. 

stool tscrcp), ton ivat7 

Tin. 10 ,3613 

Zinc, lb 06877 


Poc Sctanflflc 


Industrials 


HW Lav Lotf SotTta Clrt* 
SASOfL IIP0I 

S3, doom* Mr attorlc trtMatt aflM tom 

SOP 15100 15060 15105 15105 +103 

Oct 15*05 15305 1SB05 133J0 +100 

NO* 15605 15AM UAM 15600 + 073 


dt ip cn rrtta b 
W 1 ipatal y i 


o 00 9-2 W-l ! 

O .15 9-4 M9 

| ^ VS IS. 
8 S h SS 

Q 0875 9-16 MO 
5 .12 9-1* M8 

O 66 W-3 10-20 

3 03 9-16 100 

- .125 9-9 9-23 

M .1031 M 9-23 
M 043 8-25 8-25 
Q .15 9-18 TO-1 
Q .12 10-15 11+ 
Q .14 9-16 MO 
O 05 M 10-1 


“Tms t^«TiK it will be modi easier for them to build these 
systems rather than have to go into each and every community to 
obtain a franchise,” said Michad Kellogg, who represented the 
U.S. Tdcphone Association, the industry's main lobby group. 

The cable industry which pays local governments milli ons of 
dollars annually in franchise fees, had appealed th e FCCs three- 
year-old policy, saying rt put cable operators at a. disadvantage. 

Unitrin Must Halt Stock Buyback 

WILMINGTON, Delaware (Bloomberg) — American General 


Com. won a court order Friday halting Unitxin Inc-’s stock 
buyback plan. ' 


RUPEE: As Indian Economy Grows , a Strong Rupee May Be a Problem 


A Delaware judge’s order prevents Unitrin, which has sp umed 
American General’s 52.6 bflnoii takeover ind, from continui hgits- 
buyback of 10 tniTKnn shares, or abbot 19 percent outstanding . 
shares, until at least Sept. 27. 

American General, claims the buyback would allow Unitrin, 
directors to boost their state to 28 percent from 23 percent That - 


Coutiimed bom Page 9 
until recent months, greatly 
contributed to inflationary 
pressures, but he said that this 


year the problem had improved 
drastically. 

The Reserve Bank says the 
government is borrowing from 
it at a rate of only 3 percent to 5 


percent of its total borrowings 
last year, which means the Indi- 
an budget deficit's contribution 
to money supply growth is lim- 
ited. 


Analysts said tbat increased 
revenue, despite recent tax cuts, 
may be brightening the govern- 
ment’s fiscal picture, which is 
positive news for overall eco- 
nomic growth. 

“We have delivered what we 
set out to achieve.” Mr. Singh 
said, defending his program 
from criticism that it had lost 
momentum. 

“Our growth rate will be 
above 5 percent this year, in- 
dustrial growth will be between 


6 and 8 percent, and I am confi- 
dent we can bring the fiscal def- 
icit to 6 percent of GDP, or 
lower,” he added. 

Economists generally agree 
with Mr. Singh’s upbeat prog- 
nosis. 

“I believe the economy w31 
be in good shape at the end of 
this year, and some of the un- 
finished items on the agenda we 
can then tackle,” Mr. Singh 
said, ref c iti ng to the need to 
reform unprofitable publicly 


owned businesses and address 
bottlenecks in the infrastruc- 
ture that restrict growth. 

“Once the industrial econo- 
my is growing at a healthy rate, 
the fears of uberaHzation, that 
it might fuel large-scale unem- 
ployment, will not cany convic- 
tion,” he said. 


would give them veto power over any proposed acquisition of the 
company, Americ an General contends, because Unitrin’s bylaws 
require 75 pezeem shareholder approval of a sale. 


require 75 percent shareholder approval of a sale: 

For the Record 


Sea our 

Education Directory 

every Tuesday 


Trans World Aiifiaes Inc. could go out of business by Nov. 1 , a 
Hmiidmi distributed to Machinists union members said, if anew 
Machinists’ contract and similar agreements aren’t approved, the 
Kansas City Star said. A Machinist s official said the document 
presents a worst-case scenario and that the liquidation threat is 
^s pecu lative.” ....... • ' X figloomberg) 

ITT Corp. and Cabievision SystemSoft! alfe ckw&to winning 
bidding for Viacomlnc-’s Madison Square Garden, -an executive 
dose to the negotiations said. (Bloomberg) 


U.S. FUTURES 


SMson team 
Hfeh Lour 


CHn »Mi Loir Ckae Oa Opjnt 


Season team 
Htoh Law ' 


Open HMi Law daw Qw QnM 


V* *nodo*d Nu 


Open rtoh Low Ota* Cho OoJrt 


Montreal 


Stockholm 


Alcon Aluminum 3SH 14* 

Bonk. Montreal 25% 24 * 

Bdl Canada 43*i a 

Bombardier B m» 191* 

CantAor 17 17 

Cascades _ 6V* 4<ft 

Dominion Text A Bta BVs 

Donohue A 14V* 13 s* 

FCA inn « <15 

MacMillan Bl 7VU 70 

NoM BK conoda WA ,9Vi 

Power Cora. 19ta 19H 

Provioo Si* S 7 * 

Quebec Td l»ta 19V* 

Quebeoar 6 IFV >Wfc 

QuebecorB I9H 19V* 

Tetagtabe 1836 ISVj 

VMeatran 13% 12*s 


19510, 


AGA 
Asea A 
Astra A 
Adas Coocd 
EiectrahCTB 
Ericsson 
Essctte-A 
Handel sbanken 
Investor 3 

Norsk Hydro 
' Procortlta AF 
Scndvfk B 
SCA-A 
5-E Bankea 
SkaiOaF 
Skanjka 
UF 
Slara 

Trttleoora BF 
Volvo BF 


Toyota 

Hm yamaKMSec 

64-50 6400 a: * HJO. 

38? j ssfessrui* 


Grams 


417 4)4 

97 9450 
97 9« 

1*3 174 
259 2S 
129 123 

121 118 
112 111 
45.90 <503 
178 114 

ISO K7 
138 !37 


Toronto 


Trttleoora BF 99 91» 

Volvo BF 149 144 ; 

SS^S^?«S4 : ”" , I 


1209 1 ILSt May 95 1202 1205 

12® 10J7JOI95 1104 11J4 

1100 lASTOcm 1104 1164 

11*0 70*8 Mor 96 1)65 1165 

1LS6 IlJHMayM 

JMN 

EsL arts N A. Tho*AK8ei M689 
Tiki's Btallnl 124052 BP 500 
COC2M CNC3BJ Nrafckn-larB 
154} IBS tel 94 040 1314 

tao T04iDoe** mi* u« 

UK 1077 Mar *5 MSS 1474 

Ml 5 1078Moy95 1477 MM 

1400 TZBJulfc 1302 1505 

1540 I5Q5te>95 

1633 7290 Dec 95 1SQ 1543 

1474 050 Mar M 1579 1575 

1642 7225 MOV 94 1571 157B 

ErtsNai KA. ThulLMlei 7,940 
-ntfsoMnlrt 47 JIB up sa 
ORANOCJUICe CKCTTO tunto.! 
13+50 IBSSpM 9200 9365 

13400 (f.TBNovM 9405 97J0 

13208 93086*195 10025 10005 

13405 94JDA4W 95 10400 M4J0 

11625 97J0A4oy9S W7J0 W70O 

11900 10161 jm 95 10900 18900 

11160 11200 Nov 95 
112*0 112005*0 94 11100 11100 

Est.jaka HA. T7*rt.*ote 2JD0 

Wiopph 


UK ilk 

1105 .1105 
1U0 1L74 

1165 1163 

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1200 


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-AM 047 


1346 1381 
13)0 14M 
1432 1475 
1470 m 
1499 1525 


1539 1570 
1OT Vto 
1574 1615 


421 410 

423 4UJ4 
426 11,10 
*2* 3J32 
431 206 

424 1JK 

4M <511 
■43* 26C 
+21 155 


T hu's op en K 21 off 83 ' 

HURODOLLARS IOH I w— i rU oflllBrtS. 
91570 90340 S4P 94 *9*5* 9*940 94300 9tW0 

95.180 90718 Dec 94 94240 9000 94340 94370 

9SJM 90340 MOT 95 DM 94050 93*78 94000 

9C73B fOTKJUnfS 7X00 9L7T0 9X428 10660 

94350 91J1DSCP95 923» 10430 »JB0 93*80 

94280 91-1 10 Dec 95 92050 9X140 93050 1X080 

94320 90330 Mor 96 9X900 9S0« 9X980 91010 

9X100 92JM0B196 92060 9X940 92090 9X00 

Estates HA. Thu'S. HA* 225J1S . 


410398673 

41044X813 

4K353J14 

430254626 

*20210026 

42D1S5J14 

4X134332 

4X1U.903 


Thu's op en Int 2J20J10 up MOM 
■tmSHPOUm tCMfflO S— rpnunO-l not nfvnu a 
1J7M 164*0 SBp 94 13564 ua IJ2M L53I0 

10760 165® Dec 94 1.5516 10510 1J31B 1*206 

1*720 • 166*Ma'9i. 1-5256 

ErtflMf NA Thu^-Htes UJI9 
Tltt'sapenM 4X191 off 4K 
CANADIAN DOLLAR (CMHQ Uve*l w*nne 
OJ740 0704899PM 0J292 073T1 0X0 07*0 

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INTERNATIONAL HERALD TRIBUNE, SATURDAY -SUNDAY, AUGUST 27-28, 1994 


Page 11 r 


** 


YIAG Profit Rises 



BONN t- VIAO AG, the en- 
ergy and metafccougiomcrate, 
said Friday dial pretax profit 
rose 35 percent in the first halt 
to 41 1 mfltion Deutsche marks 
($266 million), because of 
sueamhiungi measures and re- 
cent. acquisitions. r - 
“The restructuring measures 
of 1992 and 1993 are beginning 
to have a positive effect,”. 
VIAGsaid. 

Sales rose 4 percent, to 12.62 
billion DM Figures adjusted 


Goldman Says 
It May Take 
Share in Vox 

emptied by Ovr Staff FhmDbpatch* 

DUSSELDORF —The U.S. 
securities company Goldman, 
Sachs & Co. has taken a 25-2 
percent capital stake in the Ger- 
man television station Vox, 
German officials announced 
Friday. 

But a Goldman Sachs official 
in Frankfort said the company 
bad yet to decide on the pur- 
chase and continued to study 
the move ‘intensivdy.*' 

Media regulators in four Ger- 
man regions covering the Co- 
logne-based station approved 
the purchase at a joint m eetin g 
Thursday in Frankfurt, the 
North Rhine- Westphalia re- 
gional broadcasting authority 
said. 

Rupert Murdoch's News 
Carp, bought 49.9 percent af 
Vox last- month, and the Ger- 
man communications group 
Bertelsmann bolds a 24.9 per- 
cent stake. 

Vox, launched in January 
1993 by Bertelsmann and a 
number of other Gunman media 
groups, has lost more than 300. 
million Deutsche marks (5194 
million). 

The station faced closure in 
March- Viewer ratings have 
hovered around 2 percent for 
the past four months. 

Vox investors have said they 
plan to mend as much as 300 
million DM on new program- 
ming in the next fewj/eaxs and 
premet the station wifi become 
profitable within three years. 

(Ratten, AFP) 


for the acquisitions were not 
provided 

“AD divisions were able to 
profit from the economic recov- 
ery seat from the beginning of 
the year,” the company said 

“We expect a continuation of 
this development in the second 
half of 1994,” it said without 

providing a more exact forecast 

in 1993, net profit slumped 
19 percent, to 302 million DM 

Braiding-industry chemicals 
posted significant gains, boost- 
ed by a “good market position” 
in die formerEast Germany, 
wherfc construction is booming, 

VIAGsaid. . 

Capital spending for fixed as- 
sets in the first half-year in- 
creased to 802 million DM from 
765 i tfnfan DM in 1993. Most 
of the spending was for projects 
startedm 1993 in the aluminum 
and energy supply sectors. 

VIAG is fully consolidating 
results of the dectriciiy produc- 
er Bayenrwerk AG, a process 
that it said would be reflected in 
its full-year figures. As at the 
half-year stage, that m ea ns fig- 
ures lor the year won’t be di- 
rectly comparable to those of 
1993, Viag said ; . 

Although earnings were with- 
in analysts’ expectations, VIAG 
shares fdLto 492-50 DM on 
Friday from 494.70 DM on 
Thursday. 

, Traders cited the B&yernwerk 
t akeo ver as a major reason for 
tiw rise of more than 30 percent 
in VIAG's' share price since last 
summer. The company said is 
July 1993 it would increase its 
^take in Bayeinwerk to 97.1 
percent from 38.8 percent 

. (Bloomberg, AFX) 

m More Hoechst Jobs to Go 

Hoechst AG said it was cut- 
ting 1,081 jobs in its fine chemi- 
cals and dyes divisions by the 
end of !995 as part of its re- 
structuring, news agencies re- 
ported from Frankfurt. 

Hoechst said the job cuts 
were part of its strategy to give 
op unprofitable production and 
increase efficiency in its core 
operations. - 

Chair man Jflrgen Dormann 
said the company would com- 
plete its employee reduction 
progr am in 12 to 18 months. 

German chemical companies 
have scaled ijadc jobs dramati- 
cally in the last few years as the 
slump TO demand for 
prompted witter 
cost-cutting. 


2 Paths to Biotech Payoff 

British Firms Pursue Divergent Strategies 


Reuters 

LONDON — Britain’s two leading bio- 
technology companies are pursuing different 
paths toward a common goal of achieving 
profitability by the end of the decade. 

At first sight, British Biotech PLC and 
Cell t ech Group PLC look almost identicaL 
Both have an asthma drug with a big partner, 
both have the same type of cancer drug, and 
both are working on septic shock. 

But industry sources say the similarities con- 



i Biotech plans to become a fully 
phar m aceutical company in its core 
cancer business. Cell tech aims to be a drug 
discovery “boutique,” serving big partners. 

“It’s a real difference,’* John Berriman. 
Cell tech's business development director, 
said. “British Biotech have focused their fi- 
nance on one or two projects and have kept 
the ownership to themselves. We’ve chosen, 
by having partners, to have more projects — 
but dearly we don’t retain as much of the 
upside.” 

Cell tech has followed the example of such 
U.S.-based biotech outfits as Biogen Inc. 
Chiron Carp., while British Biotech has been 
closer to the model of Amgen Incx, Synergen 
Inc. or Ceatocor Inc., Mr. Berriman said. 

Many large pharmaceutical companies, 
looking to biotech start-ups to supplement 
then flagging flow of new drugs, would prefer 
such companies to follow the Biogen/ Cell- 
tech model and bring in outside partners to 
fund drug development. 


“Biotechnology companies can best add 
value to the health care system by helping 
pharmaceutical companies get to the basis of 
chronic disease,” the chief executive of Glaxo 
Holdings PLC, Sir Richard Sykes, said. 

“That is why I firmly believe that biotech- 
nolgy companies who wish to become fully 
integrated pharmaceutical companies are 
the point.” 

But James Noble, finance director of Brit- 
ish Biotech, said retaining full control of 
development and marketing was still a viable 
option for well-funded European biotech 
groups working in certain hospital-based 
therapeutic areas, such as cancer treatment. 

Clinical trials for cancer, typically requir- 
ing few patients, are relatively cheap. Fur- 
thermore, the hospital doctors who use cancer 
drugs can be reached with a small sales force. 

Cancer compares sharply with such chronic 
therapeutic areas as asthma and arthritis, ar- 
eas where British Biotech would never con- 
template developing drugs on its own, Mr. 
Noble said. 

Both companies can claim recent successes 
in their diverse strategies. 

British Biotech shares rallied 40 percent in 
the first quarter on optimism about clinical 
trials of its batimastat cancer drug, before 
falling bade on profit-taking. This month they 
have climbed again. 

Celltech’s stock, meanwhile, rose 10 per- 
cent in July amid news of an asthma drug it 
had developed with Merck & Co. 


Premiiun-Income Gain Lifts Aegon 


Canvihdby Otr Sufi From Dijpauha 

AMSTERDAM — Aegon 
NV said Friday its first-half net 
""It rose 11 percent, helped 
a sharp j ump in premium 
income. 

Aegon earned 550.7 million 
guilders (5318 million) in the 
first six months, up from 497 
million guilders in the 1993 first 
half, on revenue of 9.36 billion 
guilders, up 5 percent 

Premium income from Ae- 
gon’s insurance activities 
soared 46 percent to 7.66 bil- 
lion guilders, buoyed by the 
consolidation of the insurer 
Scottish Equitable, which was 
acquired Inst year. 

Profit from life insurance op- 
erations rose to 478 million 
guilders from 426 million guil- 
ders, with profit from accident 
and health insurance dropping 


Despite turbulent financial 
markets, returns on investments 
rose to 3.34 billion guilders 
from 3.14 billion guilders. 

Exchange-rate developments 
had a slightly positive effect in 
the first half, the company said. 

Shareholders greeted the re- 
sults by sending Aegon’s stock 
up to 104.60 guilders from 
101.80 guilders. 

Aegon said revenue and prof- 
it rose in the United States, 
marked by buoyant results at 
the individual and financial 
markets divisions. 

In European countries outride 
the Netherlands, Aegon said re- 
sults were positive at all opera- 
tions except those in Britain. 

Aegon said its Dutch insur- 
ance operations saw a contin- 
ued upturn in the first half, de- 
spite strong competition in life 


sector, results at FGH Bank 
were considerably higher be- 
cause of higher interest rate 
margins. (AP, Bloomberg ) 

■ Markets Cot UM Profit 

Lower bond and slock mar- 
kets drove down half-year earn- 
ings for UNI Storebrand AS. 
Reuters reported from Oslo. 

The insurance conglomerate 
said its consolidated profit 
dropped to 36 million kroner ($S 
million) from 689 million kro- 
ner, as income from the financial 
sector fell nearly 50 percent. 

The company said it realized 
losses on or wrote down the 
value of securities by 4S2 mil- 
lion kroner. Those losses more 
than offset a 49 percent increase 
in premium income from the 
life insurance unit 


U.S. Banks 
Help ABN 
Earnings 

Compiled ty Our Staff From Dispatches 

AMSTERDAM — ABN- 
AMRO Holding NV said Fri- 
day its net income rose 15 per- 
cent in the first half, as strong 
p»mings from U.S. subsidiaries 
offset a drop in trading income. 

The Dutch bank holding com- 
pany earned 1.16 billion guilders 
(£668 million) in the half, up 
from 2.01 billion guilders in the 
first six months of 1993, exceed- 
ing analysts’ forecasts. 

Income from North Ameri- 
can operations more than dou- 
bled, to 452 million guilders 
from 213 million guilders, al- 
though the year-earlier result 
was depressed by the write-off 
of some U.S. bond holdings. 

The bank attributed the jump 
to increased business volume at 
its LaSalle National Corp. in 
Chicago and European Ameri- 
can Bank in New York. 

Net interest income rose 9 
percent, to 4.80 billion guilders, 
mainly on volume growth and 
slightly higher interest rate mar- 
gins abroad. 

Net commission income rose 
15 percent to 1.95 billion guil- 
ders, mainly because of a 32 
percent rise in securities com- 
missions. 

But results from financial 
transactions — including secu- 
rities and foreign exchange 
tr ading — fell 22 percent, to 496 
milli on guilders, because of the 
unexpected uptrend in interna- 
tional capital market rates. 

ABN stock rose to 62.80 guil- 
ders from 62.30 guilders. (AFX, 
Bloomberg) 

■ Borsannj Shares Plunge 

Shares is Borsunrij Wehry 
fell 8 percent, to 28.40 guilders, 
on disappointment with the 
trading company's earnings, 
news agencies reported. 

The company earned 33.2 
million guilders in the first half, 
up sharply from 182 million 
guilders in the first half of 1993. 

(AP. Reuters) 


Investor’s Europe 


Frankfurt 

DAX 

2305 



i 

1994 

j JA M A M' J JTa 

1994 

1800 « xtrviA 

1894 

Exchange 

Index 

Friday 

Close 

Prev. 

Close 

% 

Change 

Amsterdam 

AEX 

420.83 

417-73 

+o:74 

Brussels 

Stock index 

7,580-05 

7,602.46 

-029 

Frapkfurt 

DAX 

2,161.54 

2,15221 

+0.43, 

Frankfort. 

FAZ 

814.32 

813.83 

+005 

Helsinki 

HEX 

1,81123 

1,315.98 

-009 

London 

I 

l 

2££L2Q 

2,529.60 

+0.69 

London . 

FTSE tOQ 

3,265.10 

X23420 

+096 

Madrid 

General Index 

307.05 

30834 

-048 

MRan . 

MJEFTEL 

11004 

10897 

.+0.98 

'Paris 

CAC40 

2,062.74 

2,028.52 

+1.79 

Stockholm 

Aifeersvaertden ' 

1.91&67 

1,89836 

+1-01. 

Vienna 

Stock index - 

459.50 

459.02 

+dto: 

Juried 

S8S 

922-78. 

914.78 

+0.87. 

Sources: Reuters. AFP 


lmeir jsioiuI Herald Tribune 


Very briefly: 


• Swiss watch and component exports rose 4J percent in the first 
half to 3.72 billion Swiss francs ($3 billion), even as plastic watch 
exports dropped, the Federation of the Swiss Watchmaking In- 
dustry said. 

• Total SA, France’s second-largest oil company, said first-half 
sales rose 13 percent to 68.71 billion French francs. 

• PWA-Papierwerke Waldhof-Aschaffenburg AG, a German pa- 
per maker, narrowed its loss in the first half by 31 percent, to 33 
milli on Deutsche marks ($21 million), on recovering demand and 
cost-cutting measures. 

• Benetton SnA of Italy said it had signed a joint venture with Lion 
Group of China to produce clothing in China, as a step toward 
opening 500 stores m the country over the next five years. 

• France will cut its monthly jobless figures by more than 200,000 
by using new criteria that exclude part-time workers, the Labor 
Ministry said. 

• Accra* SA, a French hotel and catering group, and Forte PLC of 
Britain said they had put in new bids for part of Air France's 573 
percent stake in the Meridien hotels group. 

• Hoogovens Group, a Dutch steel and aluminum company, said it 
had joined with Polynorm NV and Ambac BV to buy a majority 
stake in the German toolmaker Grau Wericzeug- & Fonnenbau 
GmbH. No financial details were disclosed. 


• Sri Lanka’s government delayed signing a renegotiated accord 
with Airbus Industrie under which it would have bought three 
A340-300 jets, a French Foreign Ministry official said. 

AFX, AFP. Bloomberg, Knight -RJdder. Reuters 



For investment 
information 

Read 

the MONEY REPORT 
every Saturday 
in the IHT 


British Petroleum Sells Feed Business 


Compiled by Oar Staff From Dispatches 

LONDON — British Petroleum PLC said 
Friday it agreed to sell the bulk of its remain- 
ing nutrition businesses to a new joint venture 
for $425 million. 

The new venture, to be called Nutreco. will 
be formed by CINVen, an investment group, 
and Baring Capital Investors. 

The sale includes most of the feed and 
animal product, agricultural and breoding di- 
visions of BP Nutrition. The deal involves 


operating companies that em- 
>p(e and had sales of more than 


more than 20 . 
ploy 5,700 peopl 
$23 billion in 1993. 

Under the sale agreement, CINVen and 
Baring Capital Investors also will assume 
some $9 million of net external borrowings. 

The existing management team of BP Nu- 
trition, led by Richard van Wrjnbergeo. will 
continue to manage the business as Nutreco. 

(AP. Knight- Ridder) 


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FullerMoney - the Global Strategy Newsletter 


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ENGLAND 

A Centre of Light 

A major CENTRE FOR SPIRITUAL EDUCATION AND 
HEALING is being established in a majestic Grade 1 
building of unique proportions in the beautiful Cotswold 
countryside of North Gloucestershire, England. The Centre 
is to be founded on the desire to bring truth and wholeness 
through the spirit of love and service to all people, regardless 
of race, creed, culture or colour. 

The Centre will provide education, counselling and healing, 
both alternative and holistic. For those seeking refreshment 
of body, mind and spirit, it will act as a retreat and a place 
for self-healing, becoming an international focus for creative 
development and community outreach. 

A financial benefactor will he providing the £7 million 
necessary for this reveiational and far-reaching project, 
within the month of September 1994. 

For further information, please contact Michael Ratcliff e 
(marking all cnmspondcncc confidential! 

Wolsclcy House, Cheltenham, Gloucestershire 
England CL50 ITH. 

Teh: +44-242-254321 Fax: +44-242-254322. 


Section on 

World TVavel 
Shopping 

Among the topics to be covered are: 

■ New investment and innovations in the way 
duty-free products are sold. 

■ The Channel Tunnel — a new venue for 
duty-free sales. 

■ The Tax-Free for Tourists" program in Europe. 

■ What duty-free operators in the Middle 
East are doing right. 

■ Portraits of Asia’s top outlets. 

An extra 2,000 copies of the newspaper win be dstrfouted 

at the Tax Free World Exhixtion in Cannes on the same day. 

For further information, please contact GM Mahtier in Pans 

af (33-1)463793 78. tax ( 33-1 ) 46 3750 44, 



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INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


Page 13 


ASIA/PACIFIC 



For Japan Teleco 


Bkaabag Bams t iVcta 

TOKYO — Analysts . 
Friday that shares of Japan Te- 
lecom Co., which will' begin- 
tradingSepc 6, were overpriced 
after 'Hmnday’s auction. 

Japan Telecom, the nation's 
third-largest long-distance tele- : 
phone carrier, win sell 17,000 
shares at a public offering, part 
of a two-phase stock issue to 
raise a total of 170 billion yen 
(S1.7 bflfion). 

Analysts said the price of 4.7 
miHin nymasharefortheprf>- 
lic offering was just too mock 
What is more, the shares sold at 
even higher prices at die prelim- 
inary auction. . 

The company will issue a to- 
tal of 34,000 shares, half at the 


Sega to Buy 
U.S. Maker of 
Pinball Games : 

Compiled hr Oar Sugfprem Dupxdm 

TOKYO — Sega Enter- 
prises Ltd, a leading Japa- 
nese maker of .computer 
and arcade g^maes; mu ac- 
quire -Data East Pinball 
1^ of Chicago in late Sep- 
temberfor about 33 button 
yea <$35 million), a spokes- 
man said Friday, !"• 

Sega, whose exports ac- 
count for more than 60 per- 
cent of its sales, hopes the 
acquisition wiQ rem/once 
its sales to U.S. amuse- 
ment-faeflitv onerators, the 


Data East Pinball, which 
was established . in 1986, 
holds a 25 percent share of 
tbc world’s pinball machine 
market - ana had reported 
sales of $64 mflfian in its 
latest financial year’ .. 

It is an affiliate of Data 
East- Corp-, a. Japanese 
game-machine maker. 

(AFP, AT) 


initial off ering price-end half at 
prices that were established at 
Thursday's auction. 

The results of the auction 
Thursday: yielded an average 
bid of 5.43 ndUicmyen, the To- 
kyo Stock Exchange an- 
nounced- The highest bid was 
6.6 motion yen. Investors will 

bk£ not_at tfce averaje^^ce^ 

It is standard practice in Ja- 
pan to auction half of. an initial 
public offering before the actu- 
al listing of fhc stock. The pur- 
pose of the anction.is to allow 
the underwriters to set a price 
for die stock based on what 
' investors are-prepared to pay. 

- . “Investors, are wondering 
why they purchased at a much 
higher price hi the auction,” 
Sbigeni Akiba of UBS Securi- 
ties said. 

“No matter how you value 
this company, tbat price is too 
-high,” Eric Gan, an analyst at 
'Goldman SadterSaid- 

He said Japan Telecom 
would hot .sce;Jiigh earnings 

because its core business 
the long-distance telephone 
market, which is decli n in g . 

The c ompmf began opera- 
tions in 1986 and offers long- 
distance calls throughout Japan 
at rates approximately 5 per- 
cent below thosetrfNTT Coop, 
Japan's largest telecommunica- 
tions company. 

Japan Tdecchi will become 
tile third telephone carrier to 
list , shares on Japan’s ex- 
changes, following liberaliza- 
tion of the nation’s telecom- 
munications market in 1985. 
DDI Coip, the second-largest 
phone operator, listed on the 
second section of the Tokyo 
Stock Exchange Sept- 3, 1993. 

. DDI offered 7,500 shares at 
3.7miIEon yen. The price rose 
to 5.4 jnflfion yen the Erst day. 

Hrroyuki Fukushima, assis- 
tant manager of stock trading at 
NScko Securities, said that 
. looking at DDCs stock price 
and its value, “DDI is now a 
Btfle bit more .attractive than 
Japan Telecom.*’' 


Ex-Soviets Shop in India 

f Little Russia ’ Clients Baying for Export 


By Sanjoy Hazarika 

Hen York Tima Service 

NEW DELHI — At a bustling little market 
on the edge of New DdfaTs diplomatic enclave, 
foreign window-shoppers and serious buyers in 
s ung lasses, shorn and T-shirts stroll m the 
summer heat, glancin g at sig ns in Russian. 

This is Yashwant Place Shopping Center, 
better known as Little Russia, where store- 
keepers speak fluent Russian. Even the menus 
at the tiny Tibetan restaurants are in Russian. 

And, of course, the buyers of carpets, leath- 
er coats and fur garments, as well as jeans and 
jewelry, are predominantly from Russia, oth- 
er republics of the former Soviet Union or 
Eastern Europe. 

Every week, chartered jetliners disgorge 
hundreds of passengers, mostly Russians ami 
Ukrainians, with a sin gle agenda: to buy. 
They spend a good part of then* rime in Little 
Russia, a jumble of 124 stores, most of which 
occupy the first Door and basement of a 
ample concrete building. 

Few purchases are for personal use. The 
buyers are primarily small entrepreneurs who 
boy goods- to sell at home for luge profits. 

‘become here because of two things,” said 
Marina Gahishkevitz, who runs a small im- 
port business in Kiev with her husband. 

“One, yon get a wide variety of products — 
whatever you want to buy you get in one 
place,” die said. “The second reason is that 
yon are sure of the quality of what you buy.” 

Ms. Gahishkevitz lived seven years in Chao- 
digarh, in northern India, where she taught 
ballet and aerobics while her husband, Vladi- 
mir Popov, taught Russian at a university. 


Ms. Gahishkevitz said she and many others 
from the former Soviet Union, which had 
extensive trading and political connections 
with India, were taking advantage of Indian 
contacts built up over the years. 

Russians were once unwelcome buyers be- 
cause they traded in rubles, a result of a deal 
between India and the Soviet Union that 
permitted trade in their respective currencies, 
with the collapse of communism and the 
breakup of the Soviet Union, all business is 
strictly in hard currency. 

Sales are estimated by store owners at 
about $25 milli on a year. But business could' 
improve, they add, if air freight were less 
expensive ana the planes more reliable. 

Little Russia is about 25 years old, but it 
saw wily indifferent growth until communism 
tottered and ultimately fell 

“The profile of the buyer has changed dra- 
matically, especially after the end of the Sovi- 
et Union,” said Sanjiv Duggai, a carpet deal- 
er. “They are no longer looking for cheap 
bargains; they want quality goods. They are 
sophisticated.” 

The buyers include airline staff and diplo- 
mats as well as charter groups. 

As Little Russia has prospered, similar 
markets have appeared across New Delhi 
Savvy buyers are also going directly to plants 
in northern India, especially Punjab, where 
large amounts of sporting goods and winter 
clothes are produced. 

“Once that trend catches on, then we will 
suffer,” a trader at Yashwant Place said 
“They won't need us, and they’ll save on our 
commissions.” 


Malaysian 
Stocks Fall 
On Ruling 

Bloomberg Balnea News 

KUALA LUMPUR — Ma- 
laysia’s benchmark stock index 
tumbled 2.14 percent Friday af- 
ter the government gave police 
sweeping powers to crack down 
on the Islamic group A1 Arqam. 

“Everybody’s running away 
— they’re frightened of the A1 
Arqam movement,” said Chung 
Tin Fah, general manager for 
research at OSK Holdings Bhd 



Hon shares were traded, worth 
2.0 bOEon ringgit ($786 mil- 
lion). Losing shares outnum- 
bered gaining ones by a 7-to-l 
ratio. 

Malaysia's Home Ministry, 
which includes the police, ruled 
that A1 Arqam was an unlawful 
movement Police arrested at 
least five members of the sect 

But analysts said the crack- 
down was more an excuse to sell 
overvalued shares than a funda- 
mental reason for bailing out of 
Malaysia. 

“The ordinary guy is worried 
that when these guys resist, 
force will be used,” Mr. Chung 
said. “But 1 don’t think it's real 
If s more of an excuse for an 
overbought market” 


Hong Kong Raises ’94 Growth Forecast to 5.7% 


Ccm/rUtd by Oar Sutff From Dispatches 

HONG KONG — Hong Kong’s econo- 
my should expand S.7 percent in 1994, 
rather than the 53 percent originally fore- 
cast, the government said Friday. 

In its half-year economic report, the 
government said the territory's economy 
continued to show “robust growth” in the 
first half of the year. Gross domestic prod- 
uct grew an estimated 5.9 percent in 1993. 

Consumer spending in the first half was 
encouraged by full employment and sus- 
tained increases in real incomes; the gov- 


ernment said. Retail sales rose 8 percent in 
the half, it said. 

Inflation is forecast to remain at 83 per- 
cent for the year, although the rale has been 
ed ging up recently, the government said. 

“Inflationary pressures, specifically those 
being reflected in the sharply higher prices 
of vegetables consequential to the flooding 
in south China, have already lifted consum- 
er price inflation in July,” it said. 

Total exports grew by about 10 percent in 
the first half, while imports rose 12 percent. 

The gross domestic product revision is 


based on a new formula that gives a greater 
weight to the services sector. 

(AFP, Bloomberg, Knigjit-Ridder) 

■ Interest Rales Set for Deregulation 
Hong Kong banks wiD start deregulat- 
ing some interest rates on savings accounts 
on OcL 1, Knight-Ridder Finan cial News 
reported. 

The Hong Kong Association of Banks, 
the colony’s banking cartel said it would 
stop setting interest rates on deposits fixed 
for more than one month, allowing indi- 
vidual banks to set the rates themselves. 


Investor’s Asia 


Hons Kong . 
Hang Sang 


Shafts Times 


Tokyo 
Nikkei 225 



M/A^M JJA' : “ft 1 AM A 
1994 V • 1994 . 


U A M J JA 1 


Etacfiangu 

Hong Kong 

■-.imfs* 

Ha?ig;Sefig- * 

Friday 1 Prev. 
Ctose • does . 

■BZB&Jte 9,336.11 

% 

Change 

+0-67. 

Singapore, 

* Sfeti&Times 

ZZSG&i: 2,287^1 

-+0.28 

Sydney. 

A80 utihafea 

2.077 2.O77A0 

-0.03". 

Tokyo : 

■ .. 

3 ©,471.49 20A4SL& 

,+O.M. 

KuaTajLompwc Compost© . .. 

^11^8 -.1,138.14 

-2.14 

BangktA. ■•.? 

• ^SET. ■ ■■■;. 

. 1,450.75. 1.444.72 

+042 

SSBoat-..- 

. CtMBpOSiy ®0<d£ 

• 85V38. . -94j5.4) . s 

;-h}.63- 

Taipei. ■ 

, . We^tadPoca, 

§85801 

+0.34 



3JH8.89 3,127.06 

-090 ■ 

Jakarta ; ' 


■ goftaa.’-- 50Z96 

+0.47 ! 

NewZeabwrd: , r H£§&4Q ■ , 

2,tO§S8 ■.■2,118-89. 

-0.62. 

aamtiay * . 


2,131 2,096.94, 

+0J21- 


Sources: Reuters. AFP 


ImcnuricmoJ Herald Tribune 


Very briefly: 


• Vietnam is cutting charges for international telephone calls by an 
average of 10 percent starting Sept. 1. 

e Jack Chia-MFH Ltd. raised its bid for Players Group Ltd-, an 
Australian cookie maker, the Singapore company is trying to buy 
the 16 milli on Australian dollars ($12 million) worth of Players 
that it does not already own. 

e Binh Hen Footware Co. plans to become the first Vietnamese 
company to open an office in the United States since the end of 
the 19-year U.S. economic embargo. 

• Siam Cement Co. said its half-year profit rose 54 percent, to 2.36 
billion baht ($94 million), helped by cost cuts and strong results 
from its subsidiaries. 

• China’s industrial output is expected to grow 19.6 percent in 
August from a year earlier, to 3423 billion yuan ($40 billion), the 
state information center said. 

• South Korea’s industries have lost $1.65 billion in production so 
far this year because of labor disputes, the government said. 

•Japanese consumer prices fell 03 percent in July from June and 
0.2 percent from a year earlier, marking the first year-on-year 
decline in prices since March 1987. 

• Japan’s automobile production fell 73 percent in July from a 
year earlier, marking 22 months of uninterrupted declines. 

• Formosa Plastics Coip. earned Z45 billion Taiwan dollars ($94 

million) before taxes in the first half, down nearly 4 percent from 
the previous year, because of losses at its U.S. subsidiary and 
spending on a land deaL ap. Ream, afp 



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SPAIN 


05 jBOWMQS APARTMBfre 
Moreto, 9 Morbid. Between Prado 
Moeun & l! An Park, finest 
rf tradoand (mnwt Daly • 

- Monthly ratal. Bencrratami - Tele I 
T| 42002?? Foe 04-1)4294458 


In the Herat rf MbM. ttah doa 
ibd«* Id Jet, Drdy waUy. mcONy 

3A1J48A330 


the 

A nEtid ud 


Tata Afadrid located in 
& bewiea area. A warm 


MonWy rata. 
T| 530642. 


- Tet 

far. 04-11 5351497. 


SWITZERLAND 


DUFUX 150 eqjn^ .2 bedroow, 2 
brat* coin, large bving wont. My 
equipped ttdien, 2 tarraom, dew 
portana Bwe-Vilei, free SHtamfate. 
& 3jS0 d5 indnded. Tet bHLeop- 
old +4T-2274T P* 00 


EMPLOYMENT 


GENERAL POSmONS 
AVAILABLE 


Smt WOMAN FA/TRAVB. Compere 

ia,^‘g , S£T5iS3S 

fix pfcararri. Mod be cncxtrm 

Mtata W«. Enqfch a 

mojt, ajm pe tai sKh, »mo meiad or 

• ( knowledge a ptajjjwm^borat^ 


wtfi 

_..__i-Q2D4, Fan 615531-3090 USA. 
Ream & re art ph oto toi Bart 90191, 
KnomiBe, IN 379W U5A 


GENERAL POSITIONS 
WANTED 


RUBEHMB POSITION REOUWD 
FA/Cowier/Mwr mc. free » tawg -l 

Knowtadge aF ArnbtTdi +44 W?2S 

871779^: 4-41 W25 445m M 


AUTO SHIPPING 


SAVE ON CAR SHV9MGL AME500, 
KtibbeA 2, Adwerp Belgam. Ta/tram 
US, Atrioa. Regular Bo-Rn MiSng. Free 
- TI 30/3/231-4 


fnta' 


IT-4239 Fx 


AUTO RENTALS 


CBHURl' SBF DRIVE 

RENAULT CUO: FEZ39/DAY 

AillNCUfiWE -NOHCDB4 EXTRAS 
In meior rfia aid airportt m France 
CatrahnterwXkm: 

TEL (33-1) 30.37JS5.24 


AUTOS TAX FREE 


T8ANSCO BHjGIUM 

The largest oar (apart company 
in Europe lor die pan 2D yon. 
Al mrAes nnd awdeb. 

Ex gcrt ide weg strarira i 
Shpp^ • ineron 
E u ropean, Arncan & US. specs. 

Traraco, 5T Vcmesdiyotr. 

2D30 Antwerp. Befapum. 

Tel 00/542^40, fan 0»54258.97, 
telre 3SJ87 litre ft 


now TAX-FRS wnrf 
AIL LEADING MAKES 
Sana (fay re^ranhon parable 
renewable up to 5 yean 
We rfto rubber care with 
{expired) foreign (stw-free) ptotts 

KZKOm 

ARred Esiher 5%eet 10. CHBQ27 Zwkh 
Tel 01/202 76 10- Tele* B15915. 
Free 01/202 76 30 


OCEAMMDE MOTORS 

Sace 1972 brabm lor M w t e d w . BMW. 
(Yrrsdw. GM & Ford Wdrfa»-* 

45*2120 


AIK WORLDWIDE TAX HB CARS. 

2930 Bnasduat. Bdawra. Phone: 
Telex: 3153i Fwe P) 


1 1959. 


INSURANCE SERVICES 


MEDICAL cam WOHMODE 
Canprehennva and (BdipeaM 
ndwdual or group ploretah 
respsctaalX omurer. 
MHBB Tel: (23) 93 95 22 9S 
Fa* (33) 93 95 22 00 


BOATS/YACHTS 

SUNSEBCB CAMABSUE 46 - As new. 
200 howl, 2 x 550 GM desrf, ar 
conh boning. Moored in Cannev 
USS200d»0: Fra 133} 93 43 17 7a 

HEALTH/MEDICAL 

SERVICES 

KjuvBrtnoN couNsamfG « 
Engfeh & riendv r»w m PABS, tele. 
VM7 6697k hu 1-45 74 84 48L 

LEGAL SERVICES 

IMMIGRATION TO CANADA 
Omrafcm Imregrrtion lawyer wi 
prepare Vea cwjkcton and confaa 

asfegsswria 

Irfrd Bhd, Suite 208. Mount IfareL 
Quebec: Canada H3P 271. Fan plfl 
739-CW5. 

INVOKE PACT. S29SJDU P.O. Box 
BM0, Anahem. CA 92B02. CaB/ fra 
(71 4) 968-8695 USA. 

LOW COST FUGHTS 



ANIMALS 

TOP SHOWJUMPING HORSES era* 
lent afk frorxae brmrfig rarm. 
Nonnondr. Bargain nice. Tel 313H906 

ARTS 

PRE-COLUMBIAN ART 

GAiBBE ALT AMERKA Sdnrabto. 82 
D70193 Stuttgart, Fra +4971 153*913 

COLLECTIBLES 


•• DAU WANTS ** 

Prints (5i«fes) before 1980. HIGHEST 
PBCB1 CrfTFw Patrick in US, 24 hre. 
Ptt plO) 4998883, Fax: (310) 4544K). 


COLLEGES St 
UNIVERSITIES 


COLUGE DEGREES. Licensed. 
Acer wi red. Ham Study. FAX (50*) 
367-3632 Phone 60*1 36&880 USA 


FRIENDSHIPS 


Exeeptenrf Wmmb of 

’•to pniMMiei tolly /i Wu l nr n rr / 
daK/toient/HrailMly in addboo to o 
great wannfa and com p a mien for 
Others. She Bucfa great Byte m every 
aspect (rf her Bfe whedier vw aing 
toons or a die dess/oooking . 9 
rereanhc (inner for Two or or^xfamg 
rasraragaar farad (inner praties. Sto 
1 is fmanarfy ndependenL She a in 
reonh of rai eSgUe Eurapeat/ 
Araerian bumesmen MD59 who is 
maim, wrf-grcxxned. hrfionrfiie 
dresser, wteGg e nt but street mat, 
romantic, sincere, crenpossfanatt, 
sense rf hanra, and toidrfy «*- 
pendent to hare ai honest retaaraho 
vnfa. necne send recent phrao & 
phone #luc Brat 540LHT. EiO Tlird 
Ane, Bft ft W, NY1Q&22 iDSA. 


lOOHNG FOR 
AN H0P*5T RHATia 
B you are a Vxfa re* rarer 4Q, 
vnlbu*, « LTD, cheerful, a . 

Iol not seeling a one way relrfantea 
afacatad and baking far a non, 


. d rewor d ing crenpraiomhip SMd 
frfuto&wri. to toe 3ffll, LHT, 92521 


rCatafW. 


MB Adorable lower, 30 rears old, 
FneraWov brawn tor, bleu eyes, 
secure ponton, oxtotoni anKeu. 
Hunan vrfuet enudnted <rfi u good 
w). Bwefa, uteEaent. sensitive, keen 
on «£ra ratTbcyb rides- Wrarfd 
Be to meet men with mrforei spnt 

raid youthful cto uU ra, strangnende d 

rad oBretonae. MADAME SSACHY 
(1)4470 76)5. 9 reede Madrid 8toe 


successful. MKXE, race, torfhy, 

gnm arte* bumemton weh me 
of huraora. 43, seefa lady 1*30 
tender, romanhC, way sta pretty 
face, studenhOe to shore fasdnataig 
end Iona ddclte travels. 

IHT, 63 long Acre. London. WC2E 
9JH 


BOOPEAN MARRIAGE BUREAU 
Confidotofay. Brin* Mssnogewert. 

Trf; 34-1-556.1 4 J7 Fax 535.99.57 


CpSMOTOUTAN, oristocrolic 
' with oas one 


re* 


60 age younft 

serfs ir*1 aert — 

Ira nn. adiurf bodgrowxl EAM, 
1500 Wrrnctff Dr- Newport Bead), 
CA 92660 ra Foe 714/6427111 USA. 


PAMS: French trade ratal. «, togk 
"m, we* eduauted ttwUM 
serfs to raerf s erious Chratot 

, financxsly see**® ™« 

reddme. Write to. Bax 
LHT- F 92521 Nerfly Cedex. 


TOUNG BEGAM 1 SMSS LADBwWi 

dres torfmg for lefai iu i ttvp i with h- 
nohbd some rrapons He getoenw 
in DUBAI to spend tamo nice days 
For mare irfomaton a* 
+41 89/610 22 S9. 


mo YOUR PERH3CT PARlNBt m 
McWrrte's worldwide dub fra angle 
men & women. Arf far free brochure. 
MtVfrde, PO Box 907, 6600 SKeborg. 
pgreraL For +4506 BP 1254. 


S5 

IVKauM, row treuijf cHcn^s & 

abiliea to o oegona w i di rfftrent . 

r onon tic. gendemani 
.4291 London 


A MQmage. I 
CEBEEAJCBS 545 Orchard fe), I (M3 
Fw East Shoprfng Clr, Smgapora 0923 


PRETTY RB4CH WOMAN, 37. edu- 

cated refined, brunette serfs mm 
weataiy. coma, anrochue, 40d5. Fa* 
+ picture 10: OQ-32-2-675 44 71 doty 


SOULMATE (The Bghl Choce) Erefueve 
agency for pramers. Please write to: 
Sorfnrae Sta 501, to! House, 223 
KtQert St- London Wit 900 England 


YOUNG SINGIB WOMDWB* serf 

fnends/ifemtes. Free mb: Hermes, 
Box 110660/E, D-10B36 Berfn 


fim IMMVINIII WRJfWW “71 

wort. Be S omdatrac experience. Fra 
evcAxfaon & iirframoban farword re- 
sume to Pacific Southern University, 
9581 W. Pico Bhd- Dept 171, Lot 
Antrfra.CA 90035 USA 


PENPALS 


want pen 
Wotorarfte, 15 
416. Shnnototeg faprat 


to to. S. 
Fw<my 


HOLIDAY RENTALS 


FRENCH PROVINCES 


HAUTE PROVOKE 
Owner pretax charodi 

8-10. MS urn + 3 tor- 
Poal 6x12m. 6 beds, 3 bata 

ISttASP 

tel m 45.rt.04a4 (6-1 Opa) 
fax (1) 49 .06.39.48 


SU-LANKA 


SB MNKA-OOIOMBO 1 bottom 
qpartnent near beach wdh wan, 
Aver, hauafawpnr US S350/week_ 
AS faduure. toe USA 203-3750541. 


GOING ONCE, 
TWICE, SOLD!!! 

INTERNATIONAL _ 
ART 1 
EXHIBITIONS 
AUCTION SALES’ 
COLLECTOR’S 
GUIDES 

IN SATURDAY’S 

INTERNATIONAL 
HERALD TRIBUNE 
TODAY 
PAGE 7 


Education Directory 

Every Tuesday 
Contact Fred Reman 
TeL: (33 1)46 37 93 91 
fate (33 1146 37 93 70 

or your nearest HT office 
or representative 


FRIENDSHIPS 


00 


SOLD® 

INDIVIDUAL 

CONFIDENTIAL 


Edith Brigitia 
Fahrenkrog 

INTERNATIONAL PABTNERSHIP-AGENO 
GERMANY - FRANKFURT/ MAIN 

Say its— to a pabttsershtp, 

MATCHING TOE RBHT fMATNERS B 
MYBUStNESS.FCRSONALINDrviDL'AL 
ASSISTANCE 15 Ml' SBUTCE 
COHHTENCE IS MY HtOJESTtWOR/Ty. 

You CAN REACH ME. DAILY: 3-9 EJkL 
lALsn Sat/Svn) 

GERMANY. G0.T f 6 FR ANKFLKT / M AIN 
ELKENBAOSIR. 51 

TeL: + 49 - 171 - 2 45 52 52 
TeL: +49- 69- 431979 
Ftnc + 49 - 69 - 43 20 66 

PERSONAL AFFOINTMENTS 

ARE POSSIBLE IN: FR-ANKFURT 

NEW TORK - LOS ANGELES - SINGAPORE 


O A YOUNG COSMOPOLITAN LADY... 

AN ELEGANT. BLONDE BEAUTY, 2R/I74. SHE IS A FANTASTIC 
CHARMING WOMAN. WONDERFIRJ.Y FEMININE AND HAS THE 
TYPICAL FLADl AND CHARISMA OF A YOUNG. C05MCTOUT \N LADY SHEBA 
WARM-HEARTED AND VIVACIOUS WOMAN WITH A F4SCIS AUNG PERSO- 
NALITY AFTER HER STUDES /FASHUWPES1GNL SHE SECAAfE 'TRY SVC- 
CESSR.T. IN HER PROFKSON. SHE S '"ERY SPrWTN". LIKES HNE ARTS AND IS 
CltRKHIS ABOt,rr EVERYTHING NEW THIS SOPHISTICATED LADY IS FREE. 
NDEFENDENT AND TAN UVE EVERYWHERE WITH TIE RIGHT PARTNER. SHE IS 
LOOKING RW A GENTLEMAN IV TO HS LATESTS TO SHARE HBJ LBC WITH 
PLEASE CALLs Q> GERMANl' + 49 - 171 - 2t5 52 H ox * « - « - ii 19 79 

A P^SUCasmAAMJONBlSKES&UN'... 

\ / EARLY Sirs/IM AN INTI. WELL KNOWN AND VERY SVCCESSR0. 

ENTREPRENEllR. A YOUNG CHARMING PERSON U ITY WITH AN 
ELEGANT APPEARANCE ATHLETIC AND MASCULINE. HE IS I N TE RESTED LN ITg 
AS 75. AtmQVSS AND VaRSX'S SPOBTS. RTTH MARVELLCK'S RESIDENCES IV 
CANADA AND THE U.S WEST COAST. HE IS A SERIOUS AND GENEROUS 
GENTLEMAN WITH A YQUTHR1L SPIRIT. A GREAT SENSE OF Hl^tf® AND VERT 
CORDIAL HE WANTS TO ENJOY" THE PLEASURES OF UFE WITH THE BIGHT 
WOMAN HE IS LOOKING FOR AN ENtYMNDNC PARTNBt WITH iXASS AND A 
COMPREHENSION TOR HG Bl’S&JESS Lfft. 

PIXASECALL: 00 -MSSa52t«A-*-«-Ll I9H 


WORLDWIDE EXCLUSIVE MARRIAGE AGENCY' 


EXCLUSIVE IN MUNICH 

gobriet/e thiers-bense 
Ffeu rt9 - B9 - 6423455 -TeL: 449 - 89 - 6423451 

THE SUCCESSFUL- 



SOPHISTICATED INTRODUCTION 
TO THE BEST 

IN INTERNATIONAL SOCIETY— 
THE ELITE— 


DALLAS - TEXAS CHICAGO - LAKE MICHIGAN 

AN NIBINATI0NA1 BUSN5SMAN AND COMPANY OWNER - 48/6'T' A GBRWE BEAUTY! - 35/5'6" toll, sJira - A FASCINATING, MOST 
- wdh subsidionto m EUROPE aod ASIA - A raorf sxrenfal and vrea% NISBESING YOUNG lADY OF DBnNCllON, on anrenann efita univerrfy 
- a'lwfcadbg', gtadwtowAscrod rfwees. fcwoMtaeWMaitattona/Ow^ 

-* i ! J pe arai Atia raid very tmet irafegd b roanfl 

rat tflher Garacmy , Swteertew or nonce. 
ABE KQUESIEDN WRONG. 

W YOU ALSO ESTfflA TRADdlONS, MKS A»® MORAL ^ V AIDES WE VWL BE PUEASED TO RECHVE^ YOUR APPUCATlOM 
_ DaJfy lO-lPhrx. M IM 5 Mandm/Senmny Marfhauser Sir. 1 0-B Byapppittlitiart 

V...I ip For responsible people ■■■ - 


J 


\ 
























Page 14 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNPAY, AUGUST 27-28, 1994 


NASDAQ 


12Modh 
WUn Stott 


Otv YU PE TO «oir LgcLoasJOt-Qe 


13MM 

H&lLotr9adt 


wpe i« «tn 


LawLofestOl’W 


27 Vi isbBuffets 
1B% 11 KBuldT 
14b ID CAIWm 


, Friday's 4 p.m. 

This fist compiled bytheAP. consists ot the 1,000 
most traded securities In terms of dollar value, it is 
updated twice a year. 


TQ% 4WCAC1 
32b 25UCO0OVS 
IJSfc JbCnan* 

17% iwcotoone 
73 ' i VWColMO 


IZMortti 

WBblflwSte* 


37 MWCWiMA 
90b B’ACnnonl 
» uv, Curoui tr 
«7W3fr*Crt»tHrts 


&*v YH PE TO Hr»> UMldMOTR 


«* * AaONs 
20H 12 ABCRqB 

31 I4%ABTBH 


A 

_ 30 307 
.. 453 
_ io at 


120 i 'j j, s ,*r 


42 MbACXTc 
£*?!.. ADC Td 


17b 10H AES am 
n%15HAgCps 
31b IVWAKSIW* 
25 1 SWAPS MW 

1S% 6% ASK 
31 12b AST 

»bl4y,AJ»cvH 
J1 % T2% AeUcbm 
27%I3 AotwAM 
2DW 7'AAcM 


_ 31 200 34% 
- 33 1101 46b 
_ _ 7S 11b 
D8I AO 16 4J7 17W 
_ _ BSS Xb 
_ 12 174 M 


_ 1315749 17b 
_ 33 513 17b 
_ 30 6434 19 W 


13b 13b *b 
19b 19b -b 
15 14 -b 

15b 14b -% 
13 13 

33b 34 -b 
44b 45 'A — b 
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73b 24 * W 

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34 lSWOKlPoOS 
2l'i 5ViCjnMpo4c 
25 7WCOStl£S 


b I 19b a cam&tr 
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_ 31 7453 lp/„ 


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syrae 

37VjM AdoSv 


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_ _ JJ urn 

.16 J 18 44 35b 


34b l»w Adobes v JO J, 2810597 33b 


17b 4bAd«Pm 
lit* «%Ad*Tha 


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.... 740 4 


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16b BbAaoum 
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> „. 1815 I4W 

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_ 24 3BI 13b 

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19% IbAHosR 
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24b IWAwhal 
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39b 21 b Altera 
WblObABrons 


„ 30 477 17b 
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.. _ 12*7 I0W 
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„. 0 375 16b 
- 101 lb 
_ 52 lib 

.. 2311988 23 Vi 
_ 12 285 Id 


65% 42T* —Vi 
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TV* 2*b a - V* 
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XbUbAPwrCvS _. 3012944 MW 

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27 >2bAmTete „ 145 15 

15*4 lObATrovel _ 11 1091 15b 

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V 





'Tfl# 44. INTERNpONAL .4 

nmlaalfe>enbimc 

j f jM fc , «<? Rt - - ■- •■ ■ , 


Saturdav-Sunday, 
August 27-28, 1994 
Page 15 





W-r> - r '■ 


FIRST COLUMN 

Let Your 


Chemical, Waste Stocks Pose Dilemmas for Europe’s ‘Green’ Funds 

’ % Iain Jenkins V T ~ .,<kT" : * 7 ■ 7 " '• - • ■ * ' ■ •= • ■ • > 

1 •■■: - •■ CMmjuBlKWPllMBB ,\L Glean^ Green . Greenway Holdings J y*: Tomra Systems C*** 

Page 17 * Investing SI » db a Inp 6 nca? - j | ■% ^ 


Be a Guide 


T HE concept of so-called green and 
ethically-acceptablc companies, r 
regardless of -which industrial sec- 
_ tor they come from, presents a 
formidable challenge : to investors, one 
which pose difficult questions. . 

Imagine, for example, that a trusted bro- 
ker rings you up wdh tips bo-some hot 
(albeit, for our purposes, fictionalVcon^ja- 
iries: Shoot ’Em Corp^ wbich makes autor 
ma tie weapons, is poisedforiiuge earmB^ 
growth; its share price is. fikdy to rise 25 
percent wiihutiayear. Geanstreams PLQ 
which through amiraculous new process is 
rejuvenating our polluted oceans, lakes, 
and overs, looks nice a great bet too; its 
shares ought to igafe J5 percent, 

fer to cwwi shares 

cleans the envnoriraeui rather than in one 
which makes guns, most would also prefer 
to have the extra 10 parent retanu 
Choosing between the two wotttd involve 
a crisis of conscience fra some investors. 

Bat not for alL And that’s what makes;, 
the realm of ethical investment; at least at . 
times, so perplexing.- . 

Indeed, while many of today’s ethical 
funds eschew companies that trade in 
products such astotaoco, alcoholic bever- / 
ages and firearms as a matter of course; 
such companies grve litfle pause to some - 
investors. Guns, for example, while often ; 
an instrument erf tragic, unnecessary vio- 
lence, can also .beviemd as a Godsend. 
The Allied soldiers who liberated Flans 
from the Naas 50 years ago. this week 
probably thought die people who manu- 
factureo then rifles woe a pretty swell 
bmidL Times, of course, have changed. • 

Thepoint, however, is that like physical 
beauty, the notion ofw&ai is ethical or not 
is in the eye of die beholder. First, people 
must decide if conscience, not just capital 
gain, plays a role on tharpersaaal invest- 
ing stage. If it does, they must then begin 
to listen to its often lengthy dialogue. 

For global investors, this column can 
think of few more worthwhile endeavors. 


' d .Y / HEN shares of Hoechst AG, 
w ja / the German chemicals con- 
. VV cern ’ jumped earlier this 
w"- T - . month on the news that it had 

devel oped a product capable of filtering 
out harmful levels of ozone gas inside 
.hmldmgsaQd vehicles, some analysts fm id 
tbectovetopment highlighted the dilemma 
facing,' investors interested in so-called 
green er ecological investing. 

Indeedj does the development of envi- 
mn men tall y friendly products by chemi- 
cal 'companies make them acceptable 
gjren investments? Or must they be ruled 
out because elsewhere in their spraw ling 
£inpue8,-they may still have waste pipes 
spewing out harmful effluent? 

. Not long ago, chemical companies were 
seen- as rate of the main culprits in the 
degradation of the global environment. 
Andfhey still do their share of damage, 
say analysts. The irony, however, is that 
they arealso the companies most likely to 
find ways of cleaning up the mess, and to 
help others, cot manufacturing pollution. 

• :Tlris paradox is tying Europe’s bur- 
geoning $1 billion green fund industry — 
overhalf of whichis in Britain — in knots. 

Each fond, for example, uses different 
. catena fra selecting chemical investments, 
and few agree on exactly what is accept- 
able; And just when a company appears to 
' meet: doe set of green criteria, observers 
lament, r»w evidence shows that it’s poOut- 
mg a river from one of its plants, or some 
sucfc'Other “ungreen” activity. 

Criefused? Unfortunately, the “ethics” 
of investing in the waste management sec- 
tor are equally tricky. Waste companies, 
Which from one perspective might seem 
the ideal green investment stnre they are 
‘ managragand disposing of many forms of 
garbage, can also add to environmental 
problems rattier than take them away, say 
' industry analysts. 

", Hk only way for would-be green inves- 
. . tras-to navigate the minefield is to under- 
_ stand die different approaches of green 
and ecological funds. Then, investors can 
'pkk. jt fund whose policy approximates 
thdr own views, or use a fund's principles 
tohdp them formulate their own criteria, 
'by winch, they can pick stocks themselves. 

Alone end of the spectrum is the ap- 
proach of the $36 million. London-based 
TSB Environmental Investor Fund, which 
is willing to invest in such giants as Shell. 
British Petroleum Co. PLC, and Imperial 
Chemical Industries PLC To meet the 
fund's criteria, a company need not be 


* Green’ Chemical and Waste 
Management Stocks 


Page 17 

U.S. Eco-Funds Tap Chemical Shares 
U.S. Waste Management Equities 
European Chemical Stocks 

environmentally squeaky-clean, but only 
be moving in the right direction by clean- 
ing up its factories and developing envi- 
ronmentally friendly products. 

“You are always skating on thin ice, but 
yon have to take a sensible view.” said 
Struan Simpson, an officia l at the Lou- 
don-based Conservation Foundation 
which, among many activities, helps green 
fund managers assess companies. 

“Most ethical funds tend to avoid the 
biggest companies. But in my view, the 
environmental investor should invest in the 
more responsible large companies, even if 
they are chemical companies. They have 
the hinds to batik environmental improve- 
ment and to sponsor health and safety 
standards. They have to be encouraged.” 


Clean, Green 
V Investina 


with this approach. Tessa Tennant, chief 
of green and ethical investments at NPL 
the London life insurance concern, says: 
“It is not sufficient for a company to say 
Chat it is moving in the right direction or 
that it has developed a new great technol- 
ogy. That does not write off other ques- 
tions about its environmental record.” 

The ratty European chemical company 
in NFTs $20 million Global Care Fund is 
Kalon Group PLC, which makes solvent- 
free paints. “It doesn’t mean that Kalon is 
the only green chemical company in Eu- 
rope," said Miss Tennan t. “We are only 
just beginning to focus on the industry.” 

Catherine Westover, a researcher at the 
London-based investment management 
firm Jupiter Tyndall Merlin Ltd., which 
runs the Jupiter International Green In- 
vestment Trust and the Merlin Jupiter 
Ecology Fund, takes a similar approach to 
that ofNPJ. She also sees Kalon as a green 
stock, along with Greenway Holdings 
PLC a amah British chemical company 
which recycles waste oiL 

“It would be shirking the challenge just 
to pick companies that don’t harm the 
environment,” she said. “Instead, we try 
to pick companies that try to do some- 
thing /or the environment without damag- 
ing it at the same time. Unfortunately, 
that rules out most chemical firms.” 

Her view is one step away from the 
harder-line green funds which will only 
invest in companies involved in businesses 
which actively clean up environmental 


•- ™ Investing 

■i Europe-domiciled etWcaUecotogscal funds. 

Value of Si 00, income reinvested, excluding 
■ charges, over one year to Aug. 22, 1994. 

: Placements Enworo e ment Quant 126.05 

U nited Charities 124.54 , 

* Ecureuil Geovaleurs 183,42 

•• Craft Suisse Fellowship 122.18 

> NM Conscience 121.75 

Friends Prov. Stewardship Inc. 120.76 

= Raiffelsen-UmwBttfonds 120,59 

. Sun Life GP Ecolo gical 120.52 

■, Ea gteStar Environme ntal Qpps 120.17 

t CIS Environ ~ J20.08 

^ Acorn Ethical 11 9.84 

' JupiteriMeriln Ecology 118.61 

Ecodc 118.03 

fiiAr .ix. — 

Sources: Bloomberg. Micropal. 

damage. Such companies are often at the 
cutting edge of environmental technology. 

Gary McKenzie, a fund manager at 
U JC-based Gerical Medical Unit Trust 
Managers, which runs the $22 million Ev- 
ergreen fund, says: “We only invest in 
companies that have an environmental 
business — somehow they have to be 
cleaning up the environment. We 
wouldn’t invest in a supermarket chain 
just because it doesn’t pollute, unlik e 
some other fund managers who have 
merely an avoidance policy.” 


Greenway Holdings 


l ? Tomra Systems 


... v • ^ 

{Norwegian kroner) ! \ 


Aug.M 

Vetropak 


(Swiss francs) ?® Katori (Pence) 

^ 


300I&3&S 

."Aug. 24 


White most of the European green 
funds agonize about whether or not to 
invest in chemical companies, one French 
fund, the Biosphere fund, which is run by 
Cyril Finance, doesn’t get bung up rat 
philosophical debate. Their criteria allow 
investment in any company in which at 
least 25 percent of total sales are in either 
environmental or health care products. 

Picking waste management stocks is an 
easier task, once it is dear that the compa- 
ny is not actually adding to environmental 
problems. Some of the favorites among 


Inicnuuional Herald Tribone 

UJC fund managers are Tomra Systems 
A/S, a Norwegian concern which manu- 
factures recycling machines, and Vetro- 
pak Holding AG, the Swiss gl«« firm 
which has a large recycling operation. 

Looking forward, many observers say 
that individual investors as well as fund 
managers can influence corporate sensi- 
tivity to environmental concerns. “We 
have got to use the stick and carrot more 
effectively,” said Mr. Simpson. “We 
should publicly divest if companies don’t 
meet certain targets.” 


Looking for Shares That Meet Your Ethical Criteria? 

F OR individuals, the most diffi- investors to specify which types of com- their money to go into,” he s»id M 
cult part of e ruering the realm panics they wish to avoid, as well as many people do want to support 
of ethical and environmental which types they wish to encourage. investments they believe in.” 
in vestine can be. first, fieurinp «aa ,u.. ..u. ~ 


F OR individuals, the most diffi- 
cult part of entering the realm 
of ethical and environmental 
investing can be, first, figuring 
out one’s own criteria, and second, find- 
ing companies to match them. The Lon- 
don-based Ethical Investment Research 
Service, known as E1R1S, is one organi- 
zation which can aid in that process. 

A registered charity since its inception 
in 1983, EIRIS has developed a detailed 
questionnaire enabling prospective in- 
vestors to identify multifarious corpo- 
rate characteristics, and to establish 
which ones they find acceptable or unac- 
ceptable. 

The questionnaire uses both the posi- 
tive and negative approach, prompting 


investors to specify which types of com- 
panies they wish ’ to avoid, as well as 
which types they wish to encourage. 

Once an individual’s criteria have 
been established, EIRIS will provide a 
list of up to 50 U.K.- based companies 
with which they are compatible. The fee 
for this service is £94 ($145). 

EIRJS’s executive director, Peter 
Webster, said the organization is in the 
process of expanding its research capa- 
bilities for individual investors to indude 
U.S.- and continental Europe- based 
companies. 

He also said that most ethical inves- 
tors seem more concerned with negative 
rather than positive criteria.“People feel 
strongly about what they don’t want 


their money to go into,” he said. “But 
many people do want to support the 
investments they believe in.” 

Other analysts add that while many 
people say they are interested in ethical 
investment, relatively few have the time 
to do the necessary research. 

While EIRIS does not advise clients 
on potential investment returns, it does 
provide free lists of fund managers who 
use its service, aod of independent finan- 
cial advisers and stock brokers who spe- 
cialize in ethical investments. 

For further information, contact 
EJRJS. Telephone : (44 7J) 735 1351. 
Fax. : (44 71) 735 5323. 

— Aline Sullivan 









1 

^ ^ ^ ^ ^ ^ ^ ^ ^ ^ . ;iw 


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Page 16 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 






UEFCASE 


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INTERN ATIONAL HERALD TRIBUNE, SATURPAY-SUNPAY, AU GUST 27-28, 1994 

THE MONEY REPORT 


Page 17 



Source: Bloomberg 


[fUentzuoTol Herald Tribune 


tf.S. Waste Firms Picking Up 


I By Mkted D. Mc-NicHe 

TS a dirty job, bat some^ 
body’s gottodo xL lathe 
TJ rated - States, waste 
managemem and disposal 
grown' into an es ti ma t ed 
530 biffion-a-year business for 
solid waste alone. . 

■ It. wasn’t always so. In the 
j>ast 13 yearn, the waste man- 
ne&t field has mushroomed. 

: market now includes niche 
specializing in areas sodb 
as : ehwonmen tal engineering . 
£nd consol ting, water purifica- 
tion, air emission control, and 
hazardous waste disposal. 

A-decad&ago* say observers, 
the industry appeared to have 
fmlixmted potential But subse- 
quent recessions, - legislative 
wntngSng, and ttamges in the 
way people and companies sep- 
arate then garbage has, to some 
degree, redefineathe industry; 
Analysts who once had bound- 
less enthusiasm for the entire 
sector now seem more focused 
on specific segments. 

) Kenneth C. Leung, a manag- 
ing director at the New York 
brokerage Smith Barney, said, 
for example that while his firm 
fiad no current interest in haz- 
ardous waste disposal compar 
nies, it did have an interest in 
companies that handled ’sbKd 
waste. He noted that, generally 
toealang, industry has become 
better at processing its own haz- 

jbr Specialist firms vririch col- 
lect and dispose of i t : 

\ The solid waste business, he 
said, “had a sl owdow n over the 
{ast three years, but is now be- 
ginning to pick-up again. “In 
1993, volume was nice in solid 
waste collection, and this year 
volume is pretty good, and pric- 
ing on the collection "siae is 
starting to moveup.” 


Mr. Leung said his principal 
share recommendation in the 
sector is Houston -based 
Browning-Ferns Industries Inc. 
‘*We*ve been -recommending 
that stock since abont the $16 
level, and. it is now at about 
$31,” he said.. “Wefre looking 
for a juice target in the $35 to 
$40 range/ 


die much lamer WMX Tech- 
nologies Ino, has also started to 
renew analyst confidence, re- 
cently breaking a long string of 
earnings disappointments with 

two favorable quartets. Some 
analysts, however, feel that 
WMX is a behemoth still in the 
process of reining itself in, and 
that Browning-Ferns has a 
more focused business. 

Pip Barton, a.senior technol- 
ogy analyst and' portfolio man- 
ager with Fidelity Management 
and Research in Boston, said: 
“I consider Browning- Ferris 
more attracti v e ; because they 
have a much mare active land- 
fill development program. 
They’re more Hkdy to gain 
share on WMX zu the next three 
years.” 

- Mr. Barton- added that 
Browning-Fems recently 
bought a 50 percent interest in a 
German anti) waste concern, 
and that operating margins in 
Europe were rigo^cantly high- 
er than in the United States. 

Andrew Banish, vice presi- 
dent of the San Francisco- 
based brokerage Robertson, 
Stephens & Company, also 
likes WMX. He . said that the 
company, in addition to having 
favorable pricing structures and 
vohnM, “also is potting in place 
a number of programs that are 
increasing profitability by mak- 
ing its sohd waste operations 
more productive.” 

The environmental and ethi- 
cal investment community, for 


its part, generally feels that 
while shares of WMX and 
Browning-Fems may be attrac- 
tive from an earnings point of 
view, neither company warrants 
a listing on anybody’s “ap- 
proved” list, say analysts who 
follow green investment trends. 

For those'with a taste for a 
.smaller company , Mr. Banish 
suggested U.SA. Waste Ser- 
vices Ino, based in Dallas. He 
noted that with a recent merger, 
U.SLA. Waste was able to ex- 
pand into several new regions, 
essentially establishing a na- 
tional presence. He predicted 
eammgs-per-share of over $1 
for the company in 1995. 

He also recommended Con- 
necticut-based United Waste 
Systems Ino, which he said has 
attractive acquisition opportu- 
nities and “very predictable 
earnings growth due to strong 
pricing gains and volume gains 
in its existing markets.” 

Another company analysts 
have been talking up is Sanifin 
Ino, also based in Houston. “I 
think they are the premier 
growth company in the solid 
waste management business” 
remarked David A McDonald, 
a managing director with the 
Minneapolis brokerage Wea- 
sels, Arnold & Henderson. Mr. 
McDonald said the firm’s ag- 
gressive expansion of its collec- 
tion business has “paid very 
handsomely. They’ve had the 
stoogest performance in the in- 
dustry over the past two years.” 

There are also some interest- 
ing niche plays outside of the 
solid waste segment. Mr. Mo 
Donald has a “buy” recommen- 
dation on Envirotest Systems 
Corp„ a firm that does auto 
emission inspections. “It is the 
leading provider of these sys- 
tems,” be said. “ It’s got a 
roughly two thirds market 
share.” 



U.S. Eco-Funds Tap Chemicals , Recyclers 


By Judith Rehak 


I T MAY seem illogical, 
but ethical investing ac- 
tivists In the United 
States can be just as toogh 
on environmental services com- 
panies as they are on chemical 

E iroducers, long-reviled as poi- 
nters of earth, air and water. 

Even more surprising, a 
growing number of chemical 
companies are now passing 
muster with green fund manag- 
ers and environ mental ly sensi- 
tive investors. 

“Chemicals may have a bad 
name, but they have uses,” says 
Patrick McVeigh of Franldm 
Research & Development, a 
Boston-based institutional fund 
manager which also assesses 
companies for ethical investors. 
“We don’t blackball whole in- 
dustries.” 

Along with several of bis 
counterparts, Mr. McVeigh is 
recommending HJB. Fuller Co, 
a manufacturer of glue and 
prints. Fuller has attracted an 
ecological fan dub by being 
among the first chemical com- 
panies to sign the so-called Ce- 
res principles (Coalition for En- 
vironmentally Responsible 
Economies), an independent 
code of environmental conduct. 

“They changed their gjue- 
making process from a solvent- 
based process, which produced 
hazardous waste, to a water- 
based process, even though it 
was more expensive,” said Mr. 
McVeigh* 

Two other chemical compa- 
nies on the “approved” list of 
many ethical fund managers are 
Nalco Chemical Co., which 
makes water purification chemi- 
cals, and Cabot Corp^ a produc- 
er of carbon black, winch used in 
manufacturing rubber tires. 

A more controversial choice 
is Sim Co., an oil refiner and 
petrochemical maker. Disasters 
like the Exxon Valdez oil spill 
have made ofl companies pari- 
ahs to much of the green com- 
munity, but the $114 million, 
San Francisco-based Parnassus 
Fund, a well-known ethical in- 
vestment vehicle, has no qualms 
about owning Sun. 

“Their attitude toward the 
environment is very different 
from other oil companies,” ar- 
gues David Pogran, director of 
research for Parnassus. 


BRIEFCASE 


in Jersey and Guernsey, 

A Decrease fat FUnd Assets 

■ The value of coDcciive investment 
Junds in Jersey fell 3JS percent to £22A 
•billion (534.8 hfllionjm the quarter ended 
‘June 30, according t© figures recently re- 
leased by Jerre^s Financial Services De- 
partment. In Guernsey, the total under 
management in collective investment 
funds slipped 2.4peroent to £12 biffion, 
£aid the island's Financial Services Com- 
mission. 

■ Both offshore domiciles said the mild 
Jtiides were commendable given the sharp 


falls in international bond and equity 
markets during the same quarter. 

The director of Jersey’s Financial Ser- 
vices Department, Richard Syvrei, re- 
marked: “The Jersey fund industry has 
done well to maintain its strong position 
in terms of size, as well as to continue to 
extract new business/* 

KPMG Publishes Survey 
On the Taxation of Funds 

The international auditing firm KPMG 
has published a survey examining invest- 
ment fund management and the taxation 
of investment funds and in 40 countries. 


including most of the major industrialized 
economies and offshore centers. 

Both the regulation and taxation of 
funds is examined on a oounliy-by-coun- 
try as well on a comparative basis. 

For further information, contact Nick 
Lawrence at KPMG international head- 
quarters in Amsterdam. Telephone: (31 
20) 656 6743. Fax: 656 6888. 


Next Week in the Money Report: Relo- 
cation. The best packages for senior execu- 
tives. A look at fiscal and management 
problems. 


Threat of EU Laws Dims Bright Chemical Sector 


By Bale Netzer 



1EN -German 
chemical giant 
BASF AG an- 
nounced its sec- 
ond-quarter results in London 
just over a week ago, its finance 
director. Max Diemch Kley, 
declared that only under one 
Condition could BASF and the 
European rfiemieai industry as 
a whole remain competitive. 

I “Namely” he said, “that the 
EU and national gove rnm ents 

00 not interfere by introducing 
economically unhealthy initia- 
tives or regulations. I am very 
ihankfi ll that the government of 
the United Kingdom has so far 
jnevemed a carbon dioxide en- 
ergy tax within Europe.” 

1 Mock analysts who track the 
European chemical sector say 
that BASF, based in a country 
Already recognized as one of the 
roost stringently regulated, un- 
derstands rally the danger that 
European-wide legislation 
might pose to its bottom line. 

* “Companies which continue, 
to invest in European countries 
will be at a disadvantage to 
those that invest in other pans 
of the world,” said. CampbeD 
Lillies, chemical analyst at 
NatWesl Securities in London. 
*ln terms of environmental reg- 
ulation, the best thing there 
companies can do is lb gel out. 
of Europe." 

Currently, between 10 and 14 
percent of capital expenditures 
in the chemical industry are de- 
voted to environmental issues, 
according to Mr. GiSies. By 
1997, he said, that ratio should 
climb to 20 percent. Indeed, af- 
ter a recent study bv a German 
think-tank found that an 
tax would make both ecol 
and economic sense, the 
man chemical industry issued a 
scathing rebuttal, claiming that, 
within 15 years, such a tax 
would cost the industry $17-5 
billion annually. - 

Analysts say the result of all 
the bickering is that harmoniza- 


tion of environmental legisla- 
tion is untikdy to occur any- 
time soon, despite a wide 
divergence in laws across Eu- 
rope. 

“Investors, don’t see any 
threatening type of environ- 
mental legislation coming out 
in the mat year,” said Martin 
Gham, chemical stock analyst 
at Lehman Brothers in London. 
“If they did, it would be reflect- 
ed in stockpoces, and prices on 
Europe an chemical stocks are 
at high points how” 

Indeed after fritting a reces- 
sionary bottom in the summer 
of 1993, European chemical 
shares began their cyclical re- 
covery, rising over 20 percent 
since last June. While share 
prices fed between May and 
early. July of this year, partly 
doe to the UJS. dollar's weak- 
ness, chemical slocks may once 
again be rattying. 

In rese ar c h published earlier 
tins month, for example, Gold- 
man, Sachs International in 
London predicted that Europe- 
an chemical shares could very 
wdl climb 10 to 15 percent by 
next spring. *- 

Many, of the shares analysts 
are now touting are located in 
the countries where environ- 
mental legislation is already 
quite stiff, ha recommending 
stocks, many say that pan-Eu- 
ropean harmonization of envi- 
ronmental laws is a longer-term 
conaderatioii, and only a possi- 
bility at that. 

Mr. GSOes at NatWesl said 
he reco mmend* shares in the 
huge Dutch company, Akzo 
Nobd NV. Heforecast that the 
company's share price could 
zee more than 30 percent over 
the next two years. 

While the- - shares currently 
trade at 12 times estimated 1994 
earnings, that valuation is 
cheap m comparison with the 
European sector, Mr. Gillies 
points oul European shares 
were recently trading at 17 
times 1994 estimated earning. 

For investors interested in a 


more cyclical stodc play, Mr. 
Gillies recommends another 
Dutch company, DSM NV. 

“They are more exposed on 
the commodity side of the busi- 
ness than Akzo Nobd because 
they have a substantial base in 
petrochemicals and polymers,'’ 
he said. “But we’re now starting 
to see a big pickup in the de- 
mand for petrochemicals.” 

Mr. Glenn of Lehman Broth- 
ers is currently recommending 
German chemical company 
Hoechst AG, predicting that its 
shares could rise about 15 per- 
cent in the next 12 months. 
Many analysts watching dial 
company are pinning their 
hopes on a new management 

ream that has started & COSt- 

cutting drive. Hoechst shares 
surged earlier this month when 
it announced a new product de- 
signed to filter out harmful lev- 
els of ozone gas inside buildings 
and vehicles. 

Also on Mr. Glenn’s “buy” 
list is the Belgium company SoJ- 
vay SA. 


Although European chemical 
companies tike Hoechst and 
Akzo Nobel may fear the grip 
of environmental regulators, 
analysts say investors have little 
to worry about. Plastic recy- 

S and energy taxes, for ex- 
e, are still under debate. 
Also, any EU initiative “would 
be introduced gradually, giving 
the companies plenty of time to 
meet the requirements,” said 
Mr. Gillies. 

Moreover, today’s investors 
may have learned to take pro- 
pored environmental laws in 
stride: “You won't lose 10 per- 
cent on a stock just because 
some wacky politician comes up 
with an idea,” said Mr. Glenn. 


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As for environmental ser- 
vices companies themselves, 
many mainstream garbage 
haulers and landfill operators 
are currently viewed more as 
contributors to environmental 
problems than as solvers of 
them tty the ethical investment 
community. 

But a new trend is gathering 
momentum, analysts say. Rath- 
er than reactive companies that 
clean up waste after it is creat- 
ed, more social investors are 
placing their bets on pro-active 
companies, whose priority is 
stopping waste before it starts. 


Examples of the new breed 
are companies like Ionics Inc., 
which is involved in water puri- 
fication and desalinization, and 
Kenetech Coro- a wind power 
company. Both are favorites of 
George Gay, who runs the Col- 
orado-based Progressive Envi- 
ronmental Fund. 

Molten Metal Technology 
Lncx, which recycles chemicals 
and hazardous waste in a 
‘dosed loop’ system, is also a 
top choice of many environ- 
mental fund managers. And 
shares of Wellman Inc., a re- 
cyder which makes polyester fi- 
ber out of used plastic soda bot- 
tles. have nearly doubled in 
price over the past year. 

But these are among the rela- 
tively few bright spots, observ- 
ers note. Overall, environmen- 
tal stocks have turned in dismal 
performances for some time. 

As a group, U.S. environ- 
mental funds have lost 12.69 
percent over the three-year pe- 
riod ended August 1 1, accord- 
ing to Upper Analytical Ser- 
vices, the hind data group. The 
average equity fund rose 32.73 
percent over uie same period. 

Some environmental fund 
managers lay much of the 
blame on the Chnton Adminis- 
tration. “A lot of people 
thought the Chilton Environ- 
mental Protection Agency 
would be very 'thou shall, thou 
shalt not, and if you violate our 
roles we’re going to slap you 
hard,’ ” said Mr. Pogran. 

“But they’re taking a very 
collaborative approach, where 
they want to get activists, local 
authorities and company execu- 
tives to the same table and fig- 
ure out what’s wrong and the 
cheapest way to fix it It may 
turn out to be better, but it 
takes longer. Now, you have un- 
certainty, and Wall Street hates 
uncertainty.” 

Some of the problems have 
come from the companies 
themselves, said David Beck- 
with, who manages the Boston- 
based John Hancock Freedom 
Environmental Fund. “Some of 
the smaller ones came out with 
bullish stories, but then earn- 
ings feD short and some compa- 
nies blew up.” he said. 


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SPORTS 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 




Ex-Player Recalls 
The Way It Was 

By Bob Gibson 

B ELLEVUE, Nebraska — To me, the baseball strike tastes 
like the same old soup wanned over. 

The first strike in whicb I was involved occurred during 
spring training 1969. The players 1 union was just coming into 
its own, and if we were going to have any teeth it was time to 
cut them. The owners had just negotiated a network TV 
contract that raised their revenues from half a million dollars 
to S 17 million, and their next move was to reduce the players' 
percentage. All we wanted was to keep the percentage we had. 

This time, with TV revenues headed Lhe other way. the 
owners want a salary cap. And the players, just like in 1969. 
are trying to protect what they have. 

HI give you a small example of what life used to be (ike for 
ballplayers, before we bad a strong union. During my rookie 
season. 1959, the Cardinals sent roe back to their Triple-A farm 
club in O maha. We were in Cincinnati at the lime, and 1 was 
told to use my meal money to buy a plane ticket to Omaha. 
Meal money back then was $10 a day. and I had three days' 
worth, which should have been just enough for the $30 ticket. 

But I'd already spent some of the money in the hotel gift 
shop, so the team bought the ticket and took the $30 out of my 
next paycheck. 

By the time of the 1 969 strike, 1 was making a good salary. 
But I wasn't striking for myself. I was the Cardinals* acting 
player rep at the time, and I was striking for the future. 

As strongly as I have always felt about the union, though, 
the players' gains over the years have been enormous and I 
now believe that there has to be some kind of cap on salaries. 

But the only way the players are going to accept the owners' 
arguments is if the owners are honest with them — if they 
show them, without smoke and mirrors, that they are losing 
money. If the owners did that, the players wou*ti be idiots not 
to adjust their position. 

The problem is not dollars but trust. Trust is the whole deal. 

Bab Gibson, Hall of Fame pitcher, is the author (with Lonnie 
Wheeler ) of "Stranger to the Game," an autobiography. He 
wrote this for The New York Times. 


0* ~ 





••« ;< •. ^ * ? ? V tv 


; 0 $. 

x 






Mat Cnlmfl/RnKii 

Fred Sch uman, baseball fan, making a plea outside the New York 
hotel where negotiations were held No new talks are sched u led. 


The Fans 9 Lament for a Lost Season 


By Donald Honig 

C ROMWELL, Connecticut — Some years ago, in 
Cooperstown, New York, I talked with Lloyd Waner, 
the younger of two Hall of Fame brothers who played 
outfield for the Pirates in the 1920s and ’30s. 

Paul and Lloyd Waner bad grown up on a small farm in 
Harrah, Oklahoma. 

Rustling through a haze of fond memories, Lloyd talked 
of their love for baseball, remembering how they played 
with “old rag-and-twine balls,” and sometimes, in a pinch, 
corncobs soaked in water. For a bat, they used a sawed-off 
broomstick. 

“Broomsticks and corncobs,” Lloyd said. “That's the 
beauty of baseball — anybody can play it and it doesn't 
have to be done too fancy.” 

And then the world became magical for the Waners-x 
First Paul and then Lloyd reached the big leagues. .’ 

“Can you imagine?*' Lloyd chuckled half a century 
later. “Getting paid to play baseball? Why, we would have 
been happy to play for nothing.” 

A few years after that conversation, the Gokonda of . 
free agency was struck and major league salaries began 
taking bountiful leaps from one plateau to another. 

On another visit to Cooperstown, I met Lloyd again, 
and I asked him what he thought. He didn't begrudge the 
players anything, he replied. They were entitled to what- 
ever they could get 

Then, perhaps mischievously, I said: “Lloyd, you said 
you would have played the game for nothing. Did you 
really mean it?” 

He did not immediately respond. His thoughts might 
have been running back to the open pastures of the 
O klaho ma farm where he and Paul had whipped their 
broomsticks through the air 70 years ago. 

Finally, he looked at me and with a soft, indulgent 
smile, said, “I think I would have asked for expenses.” 

Donald Honig, a novelist and baseball historian, is author, 
most recently, of “ Last Man OuL ” He wrote this for The 
New York Times. 


“ . By Snzyn Waldniaii 

- 

Tblimanoiy is still asvivid today as it was more thanfO 
■ years ago: the sun making me squint, the green oi **“■ 
Yawkey's special grass, the smdk and sounds of baseWUL 
Most of ail, I remember the look on my g&watiysrs i 
face': — be in Iris suit and tie, 'With his hat and ms ever- . 
present pipe* I knew I belonged in this magical P«*ce. 

A few yem later, Mr. Yawkey persoaaffy 
little gjifs request for an autograph, of Ted W flliaros. _ ne 

fitdeboxvnffan baflMtographed not just by Williams 
I' bat by that tvfcolc team. " ; 

When I became an actress, touring in Broadway 
baseball stanched the lonefiricss of strange towns, rd 
go to an afternoon game, and there; in Oakland of Pitts- 
- nnrgh yy Mrrmeap rttis, I*d sit in -the stands and find a family. 

. swap stories and fives — the family of baseball, an 

immediate connection of-straagexs, fans sharing ’.an after- 
noon. • ’ - ... 

-What I right now is not so Ttumh the records bctng 
chased in tins generation of mediocrity and hype. For me, 

. . What I is die family: coating into the Yankees* . 

. locker room aL3:30 in the aftnnpon and seeing who came 

out for early Jutting, . . . - . 

1 miss Manager Buck Showalter with his myriad liner 
ups, poring over-minor league repeats. I miss watching an 
md friend, Wade Boggs, regain his confidence mid take a 
nm at another batting title. And a new friend] reliever Joe ■> 
Ansanio, finding bdmsdf, at 28, a rookie in the middle of a 
pennant race. . - V ■ • ^ 

TbeyVe diluted the game and^ watered down the 'talent 
Fve teamed to live with that. But now they’ve taken it away. - 
" Maybe it’s time I grew up. Maybe # s time we all did. 

'\Stuzyn Woldmon, whir covers die Yankees for WF AN \ 
radio, wrote this for The New York Tones. 


cTT -TTT 


Brazilian Leads Grand Prix Qualifier 

SPA-FRANCORCHAMPS, Belgium (Reuters) — Rubens Bar- 
rich ello of Brazil outstripped his more celebrated rivals on Friday 
to deliver the Jordan team’s first provisional pole position for the 
Belgian Grand Prix on Sunday. 

Banichello, 22, made the most of a drying track on the high- 
speed Spa-Francorchaffips circuit, the longest on the Formula 
One calendar, to clock a best time of one minute, 21.163 seconds 
in the final minute of the opening qualifying session. He finished 
three-tenths of a second ahead of Michael Schumacher, in a 
Benetton, after an hour of intriguing action on a partly wet track. 

Tampa Bay’s Hugh Culverhouse Dies 

NEW YORK (NYT) — Hugh W. Culverhouse. 75. who had 
owned the Tampa Bay Buccaneers since they were awarded a 
National Football League franchise in 1974. died in New Orleans 
of heart failure after a recurrence of lung cancer 20 months ago. 
He had been undergoing experimental treatment for a week at a 
New Orleans hospital 

Culverhouse was a tax lawyer, real-estate developer, business 
executive and notary public. Fortune magazine estimated his 
worth at $360 million. Fellow NFL club owners had high regard 
for his business sense and made him the chairman of the league’s 
finance committee. He led that group during the player strikes of 
1982 and 1987. 

However, Culverhouse’s frugally run team was a chronic loser. 
After losing its first 26 games, it somehow fell one game short of 
reaching the Super Bonn after the 1979 season. The Bucs finished 
last year with a 5-1 1 record, their 1 1th consecutive season with 10 
or more losses. 




IARD 


For the Record 


r • ?;■ r *nj tu; — 1'^' 


Japanese Leagues 

Control League 



w 

L 

T 

PCI 

GB 

Yomlurl 

42 

45 

0 

J79 

— 

Hanshin 

54 

53 

0 

-505 

8 

Hiroshima 

S3 

52 

0 

-505 

8 

Chunlchl 

32 

54 

0 

An 

»v, 

Yakult 

48 

55 

0 

AU> 

12 

Yokohama 

47 

57 

0 

AST 

13vt 


Friday's Results 
Yokohama < Yam tar I I 
Hiroshima X Hansnln 2 
Yakut# 4, ChunkW X 10 Jrnsftm 
Pacific League 



W 

L 

T 

PCI 

OB 

Selbu 

» 

45 

D 

Ml 

— • 

Kintetsu 

57 

44 

2 

J53 

1W 

Oris 

55 

45 

3 

-S3D 

2 

DoM 

57 

48 

1 

.543 

T* 

Loffe 

42 

47 

I 

AO* 

17 

Nippon Ham 

39 43 4 

Friday's Results 

282 

19 


Craig Stader and Loren Roberts were tied at five-under-par 65 
to share the lead after the first round of the World Series of Golf in 
Akron, Ohio. (Reuters) 

UEFA, concerned about a possible increase of drug abuse 
among soccer players, is considering expanding dope-testing to 
midweek training sessions. (Reuters) 

Nigeria has signed a four-year soccer sponsorship deal worth $5 
million with the Nike sportswear company, national newspapers 
reported on Friday. (Reuters) 


SMu X Nipper? Horn 1 
KUlMW 3. Oris 1 12 Innings 
Lotte 1 DoJel 2 

The Michael Jordan Watch 

THU RSDAYS GAME : Jordon went O-hjr-3 
until O popoufc strikeout, groundout aid an 
RBI on a bases leaded walk In a 4-9 loss to 
Orlando. He hod two cutouts in left field. 

SEASON TO DATE; Jordan Is Oartlne .1 99 
(BHor-mt with 42 runs. 17 doubles. 1 irtrte. 3 
homo runs. 4* RBls. 44 walks. >04 strikeouts 
and 29 stolon bases In 44 attempts. He has 2D4 
putouts. ftw assists an a 10 errors In the out- 


.,- c . J" -_i. 

■1 -WS-.l.*.. --»■ ■ 

THIRD TEST 

Sri Lanka *v Pakistan, first day 
Friday, in Kandy. Sri Lenka 
Stl Lanka bmings: 71-9 
Pakistan Irmlnas: IBM 

ONE-DAY INTERNATIONAL 
South Africa vs. Enafand. at iturnn 
At Ed? boston on Thursday 
South Africa: 2T5-7 
Enotand: 21*4 

(England beat South Africa by 4 wktsj 


European Cup* 


CUP WINNERS CUP 
Preliminary Round, Second Log 
Ft! Puddctanpo 1, Ferencvara* 4 ( Fr o nd 
vara advan ce d on 12-1 cog reacts) 
MoccoM T»i Aviv 4. iBK Koflavlkl (Maccobl 
advanced an 4-7 awregatet 
Motor Branlk 10, Norma Tallin 0 IModbor 
Bronlk advanced an 14-1 aggregate) 
Norrkuentag X Viktoria Zlxfcgv 3 IZtekoV od- 
vanend on 4-3 aggregate) 

OlImpHc Riga 0. FK Bado 0 (FK Bade ad- 
vanced on 44 aggregate) 

Omania Mania X TTIigul Tirana 1 1 (Omar? in 
odvancsd an 4-1 aegreaote) 

SI loo Rovers 1, Floriancm 0 (Sligo advanced 
on 3-2 ag gr eg a te I 

Tctran Pesav 4 Bongar > (T ot ra n advanced 
on SB aggregat e ) 

Tirana X Fandofc Bobruisk 0 (44 aggregate; 
Tirana adv a nced 1-0 on away goals) 
ZhuMrls Vilnius 4, Barry Town 0 (Zhotairll 
advanced mi 74 aggregats) 

Rrrt Bound Praw» 

UEFA CUP 

is# Round, nm leg sepL IX 2d leg Sent. V 

FC Kntserstautem (Germany) vs. Akranes 
(Iceland); Elntracfit Frankfurt (Gormanv) 
vs. Olymmia (Slovenia); Anorlhasls (Cv« 
prusl vs. Athletic Bilbao (Spain); CSKA Sofia 
(Bulgaria) vs. Juvantus Turin (Italy); Kate- 
wfee (Poland] vs Arls Salonika ( Greece! ; 
Aarau (Swi t zerland) vs. MorlMmo (Portu- 
gal); Otvmotakm Piraeus (Greece) A 
Otymokjue Marseille (France); Rosenborg 
(Norway) vs. Doeartlvo La Coruna (Spain). 

ApoMon {Cyprus) vs. Stan (Swfaartondl; 
T wntv Enschede (Netherlands) vs. Honved 
Budapest (Hungarv); Bayer Leverkusen 
(Germany) vs. PSV Elnttfwvan (Nether- 
lands); FC AnhMrp (Befolum) - Newcastle 
United (England): FC LlnHeM (Morthom Ire- 
land) vs. Odense BK (Dernnark); Aston Villa 
(England) vs Infer MHmt litafy); RFS 5ero- 
Ing (Belgium) vs Oynamo Moscow (Russia) ; 
AIK Soina (Sweden) vs Slavia Prog (Czech 
Republic); VWvsse Amhodn (Nefherfonds) 
vs AC Pamw ( Italy); Dynamo Minsk (Be- 
tanisl vs. Lazio Rome (Holy). 

BoavWo Porto (Portugal) vs MyPa (Fin- 
•ond): Garnik znbrse (Pohsid) vs Admire 
Waekcr (Austria); Barusslo D ortm u nd (Ger- 
many) vs Motherwell (Scotland); NopoJI (Ita- 
ly) vs SkorJo (Latvia); Stovan Bratbiovb 


(SlovaUa) vs FC Copenhagen (Denmark); 
T Hdwn n aP or (Turkey) vs Dtaoinp Buchorest 
(Romania); Real MoWM (Spain) vs Sportbig 
Lisbon (Portugal); AS Cannes (From) vs 
FmerlNhcelstcrbul (Turkey) Rapid Bucha- 
rest (Rommdo) vs PC Charterol (Belgium). 

Dynamo TbUm (Georgia) vs FC Tirol 
(Austria) ; Rofw VaMagrad (Russfa) vs FC 
Nantes (Franco); Glrondins Bordeaux 
(France) vs Llitastram (Norway); Blade 
burn Rovers (Engkmdl vs TreOehorgs (Swe- 
dm); RFC BefceeaatM (Hungary) vs TMII- 
diR Kamys hi n (RuMta). 

CUP WINNERS' CUP 
Ut RaaaW 1st leg Seat IX 2d let Sept 27 

W e r d er Bremen (Germany) vs Maeoabl 
Tel Avtv (Israel); C5KA Moscow (Russia) vs 
PorencvaraN Budapest (Hungary)# Omania 
N Ionia (Cyprus) vs Arsenal (Ecwfandlr 
Dundee United (Scotland) vs Tatran Pretov 
(Stavakta); PC Ptrln (Bulgaria) vs Panatti- 
malkas Athens (Greece); BesCktos Istanbul 
(Turkey) vs HJK Helsinki (Finland); FC 
Croatia Zaweb (Croatia) vs FC Auxerre 
(Prance); O rossh opper Zurich (Sedtivr- 
land) vs Bememdi Odessa (Russia). 

Austria Vienna (Austria) vs Mar Ibor Branlk 
(Dovenla); BadaeOflml (Norway) vs Samp- 
dorta Genoa (Ihdy): Bronflby Copetdtagen 
(Dwvnark) vs Tirana (Afeania); Cheisec 
(England) vs Viktoria Bakov (Czech Repub- 
lic); Real foranona (Spain) vs Gkirta Bts- 
bUn I Romania); FC Parle (Portugal) vs LK5 
Lodz (Poland); 5Boo Rovers (Ireland) vs FC 
Bruges (Beta turn); Zalgirls Vilnius (Lithua- 
nia) vs F eysnoord Rotterd am (NsthertoncN). 


C o mm o n — Hh Ga m — 


— Bra dl ey MCGesAustndts del. Shounwal- 
lecs England. 4 minutes 3L271 seconds- 
4:3«42 (Games record). 

Ovet t 1. McGee. X Waltoce. 1 Stuart 
(TGratry. Australia, 4:2 USX 
to Miles— 1. Stuart O'Grady. AuitraDa, II 
minutes JOS2D (Gama record, prevkme re- 
cnrd,l9:4ai1XsetbvWUvneMaCamey,Aue- 
tralta. W04). Z Gtam Mcleav. New ZNianAX 
Brian Wolton, Canada. 

Women 

UN MW Waal P u re u D 4. Kathryn Watt 
Australia. 3:4U22 (Gama record). Z Sarah 
Ulmer. New Zeofand. 3 Jam X Jocauedne 
Hetsan New Zealand. 3:SS24). 


IOmeter Ptatfonn— T. Michael Murphy, 
Australia tUJVO poMs Z Robert Maryan, 
Wales muo. X amide vtueneuvs Canada 
sim • • 


Thr ee, m e te r Spmgboorxt—L Annie Perte- 
tter.Canada 3211*0. Z Poise Oardoa Canada 
S2MML X Jodie Rogers Austro) ta, 4740UL 
dYMNASTICS 
Rhylbadc 

Team— L Canada (Lindsay Richards 
Brampton Ont; Camille Martans Vemorv 
Q.C; GftfdMn McLennan. Delta. BjC.1, 

lMJMpatntsx Auatraitaiosm x Wrnhm 
1DZ300. 

LAWN •owum 
Mm 

L AuWratla U points XNew laataNb IX X 
Engtomt IX 

WMtMir 

l. Pmua New Guinea ixz New Zealand. IS 
X Guernsey. 9. 

SHOOTING 

Men 

TWW 1 . Mansher Shiah. India 117-24— Mi, 
X George Leary, Canada 1T7-23— 140. X An- 
drea Angina Ciwis JWB-' )J7 (won 
br uns e In dggWI). 

lP d l v tda M li MM I B ap I N i t l .MtchalJay. 
Watos 37241247X2 (Games recent). X Rob- 
ert Dowdna Aastradta 3K4Z444X4 X POf- 
rtek Murrey, Australia 57X»St-*4S1. -- 

W em es 

IndfvhteaJotrr t fis l.FoniThoofantuaCy- 
DruslO) j.ZMalee wtckremaslngnaSrl La- 
tea 10LX X Sharon Bowes Canada V7J. 

TRACK AND FIELD 

Men 

3B Uto meter race >ea»— T, Nicholas 
AXem. AujtroUo, 2 hours, 7 mlmrtei. 53 sec- 
onds X 77m Berreft Canada. 2M at X Scott 
Nebaa Mew Zealand. 2: On XL 
einw 

mtO vi er race wo Hi— I, Kerry SaMby- 
JunaaAustroUa44:2XXAnne Mmlne. Aus- 
tralta, 4i:27. X Janice McCaffrey. Canada 
44:34. 

WEfONTUPTHM 
74 ke • • 

Saatdi— 1, David Morgorv Woles 223 
pounds (Commonwealth record, preview re- 
cord 320 set by JL Lavcock. Austrafla). Z 
Serge Tremblay. Canada 330. X Damkm 
Brown, Australia, 314 

CbaimJ a l i i .DomionBrowaAuetns- 
Ua 402. Z Dovld Morgan. Wales 3T7.X Serge 
TYgmMay. coaaaa 3EL 

Total— t, David Morgan. Woles 721 Z Oo- 


mlan Brawa Australia 7|4. X Serge Tlremb- 
tay, Canada. M ’ - 

Saatdi T . Kirn Kouney, Auetroita, 23S X 
Stephen Ward, Englona 323. XJtai Dan Cor- 
bett. Canada 22s 

CHm Nad Jertt-L mil Kounev, Australia ' 
441.X Stephen Ward. EngtamL4U.X Jim Dan 
Cerbeft Cmde 4B2 

- T e fa l M Clm Kmmev, Australia 777 ASte- 
(4wn WardrEnpland. 73S X Jhn Dan Corbett 
Canada 727. 


FOOTBALL 


NFL Pm—— o n 


New Origans JL Dallw IB 
li s Ba nu m Be 34 Clevil nn d 7 
Dwtvsr 2X Arizsna 21 ■ 

San (Mem 34 Ue Angeles Rams 4 

CFL Standing* . - ; 

Bnstern DtvtDoe 
. L T, HI 

wbmMm . 4 2 0 3lt l 

Baltimore 4 2 0 2H ! 

Toronto -3 S /.D 23S i 

N ut H on I ' 0 - ;!«*.! 

Ottawa . _^2 3. * r _» .J 

Shreveport 7 ^> ^ 122 1 

..pesters DtvtGm t 

Coleary 7 J . P . 344 

BrttCotumbJa 4.1 O^W.' 

Ed mmtun - . I I - 345 1 

Sa s hB t dwwan 2 4 0 144 ! 

Las Venae \ I ( 0 »l 

S o cramenfo 3 S O 147 1 

■ - . Wifswf i n B v i ■ 

Wh unp e g 31. Sa cram e n to 2B 
' TB ara d nys Ba m ee 
GataanrSZTorantaS ' 

, Edmonton 44 Las Vegae 17 


CHICAOO- cx tmdedthelr working t 
nenf with tawaAA. for four yeors 


CLE VELAN D Named Rich Dofatrt 
strength wNl condtfenlng ns nflnuLz 1 . . 

HOU S TON- Named Rose Pletriak tnanag- 
er of mfti services 


SAN ANTON IO-smwd Moses Melons 


ARIZON A w a i v e d Ai Nona defensive , 
Bnwnaa - 

. CINCINNATI— Claimed Reggie Jehnean, 
tight end. off waivers from Denver. Put sieve 
3hlne^ BneboeJosr, an injured reserve. * 

GREEN .BAY— atoned Doyrefl Thommoa^.' 
nwdng bodi end Mott Brack, defensive line- - 
man. Waived Mike Meniweather. Hnebacfaer.' • 
and Cums Duncan, vM receiver. Calmed 
D enwrd C a rter. Dnebad w .off waivers from 
Tbmpa Bay.’ . 

HOUSTON ^ W dvetf LeeW t tttapwoaqwir- 
terbacfci M el vin Aldrtdgs safety; Jimmy - 
OddMLeuanh Keith Jad: and Daman Mays — 
wide receivers# White Jmfnas and Leroy >•' 
Truftt defendve faddeej md Larry Ketm. » 

- - - - — IMehrwi, 

one Jimmy niiwiNUMi, iirfccmors. 

■ . INDiANAPOLfx •** G ened Jawn Befaer, * 
def end ve back. 

KAKSASCITY— Waived Erick Anderson and 
Jerry rream tlnebocfcen; Aim Von Pelt ouw.' ‘ 
leite dr; and W RMgliy . miendwa todue. ■ 

LA. RAIDERS— Waived AMU Calhaun and. .. 
Tba Rdhar.drfmdvalackMi Keith Fra#*- 'T , 
Bn. Haebacker; auenfM ffeafalir. offensive 
Hhemanr Crae Morris' auarterbacfc; Wn 
Bender; ronnftv bock, and Joe Krahk and-*'. 
MkeAkuamder.wHa receivers Placed Oret”* 

tSBS&at-yi&rm 

LA-RjUM Waived Bono Bryant, nmnbig. J 
back/ Matt Turk; porter; YewHe Jeduaa. ... 
.JMtf end) Jeff PWiuKoa and Ron Edwards' 
odone tu e li neme n ; < md Sean LdQias»ellsTur> 
hen ffBaanan. Jermaine Rees and Oreo., 
McMurtry.wtde receivers. ^ 

MIAM I — V M d ved Ronnie Woo (fork, liner" 1 
badwiTEIhanAlKWiXafMu/n tackle; Ker. v 
vtobrathenmid Tony fBemdauardb; Tom- 
mv Poem and Modi Sturdivant defensive 
ends; Pout Frondea-tlgW end ; OoMn Jackr - 
■orvcornerback; Pat Johnson ana Mike Mld>- 
dlefeh, safeties; Bnmn Rawtoy. Wide recehr^ . 
er; and jtm BaUant auerterbode Re4fened’ - 
Greg Baty. Bald and. Waived Dirk Boraog- ,, 
non*, ]kfckv> 

MINNESOTAeHNalvad Scott Adams 1 ' 
guard; Tray Riemen offensive hnaman; Ed- 
ward Budc and Ren Garpenfer; de f ensive 
backs; Todef Horrisda and Dervk TeonoiT— * 
IWitends) Rkhord Janes punter; Greg Man- 
uekv, linebacker; Odessa Turner, wtde re- 
ceiver; and J-L Ladev, running back. 

‘ PHILADELPHIA— Signed Theo Adams of- 
fwwtve Uneman. waived Chris Doushv offen- 
sive Dneman. > ■ 


J? _ r . . 


2s .T.. 


DENNIS THE MENACE PEANUTS 


CALVIN AND HOBBES 


-7 " . 


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HIS BACKHAND.. 




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INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


Page 19 



: -n > 



Dims the 



en 




’O 


V’f 






ByMiehad Wnbcai 

W ad dn gttm RonService • ■■ . 

W ASHINGON — It has come. to the pcant that w^^svex l see 
a dro of one of the top 20 teams players on TVlfKnch. It’s 
Pavioviaa: .Tap tennis pJayei, bad ncws- Wbea is kst tune 
had anything to beat its chest about? ’ 

Whenit’s not retirement it's burnout, and-^bim ^ppt burnout 
it’s a bizarre staging, or a staBringfather, Or a Tp a ripum a bust, or 
apathy, or injiny; tjr under- ■— — 

achievtsneaL ■ ■ - o • . Vantage 

1 love tennis so. tu u .di I Pnint - 

watched an en tir e three -set so- . rpin> . 

niprs match the other day-6e-__ ■ . 
tween Connors and Borg. Cdsmois looks older than Snatraand 
Bore was laboring so mightily he.maw jut wdl. bwfcb^i Fred 
Perry, but I needed* te nnis fix, add the gBdfrqSjuay between 
Borg and Connors couldn't be much lower than wnat we may 
watch for the'nestt two' weeks at the UJ$. Open, cV - 
Pete Sampras-had to pufl taut of *a .Open, wapnop tourpament 
because of tendinitis m Iris tmkleL Sampras is the Nd 1 player in 
the world, maybe the new Laver, a genius without soap opera. 
Goran Ivanisevic, the No. 2 seed, also pnHed up lame this week. 
Steffi Graf, the No. 1/ woman, has becn lying on the court during 
breaks stretching her^rptidedbadc: : .'V*' 

Presumably, all three will iday. H they dotft, ft's * sporting 
disaster. You nrigbt goto WEmMcdonjust to sit J? Ce ntre Co urt 
no matter who’& playing* to eat the strawberries and cream, to 
smefl the frtshly cut grass and take a trip bade toa- tune when 

•playera wore all -«rirhe and used wooden rackets. But you go to the 

US. Open for the stars. You know, how Americans are: to hen 
ytthT^riAn, wye mfe Connors strutting and McJBarec swearing 
and Sties gntot&g.' ; ; . 1 - -.y . , _ < •• •••• ■■■ 

But Connors, yteFH remember, recentiydedded he wasn’t fit 
enough to justly playing ai the Opeu anymore. No Connors. 
McEnroe is in the TV booth. Seles has been awayErom thc game 
so long after die was stabbed 'that one has to wonder whether 
shell ever be a top player again, if aplayer at all Y 
Martina Navratilova cxwldprobabtywm this thin&except she’s 
not coming. Who- knows, whether Graf will be able to play 
effectively, a at all? fimCourier, Mf.Perscmality, appears to bem 

the eariy flnoes (rf Iwmout, although he says heTl play the C 

Jennifer Capriati is somewhere doing what she shpdd have 
doing in the first place: trying to grow up. 

Any woman could lose to Mary Pierce, but you never know 
when shell have to puH out of a tournament at the last second 
because, her lunati c father may Wow inJPierce, if her pop stays 
away, has the talent and the game to beat Graf ather best and 
maybe even Seles at her best, but Who knows when shell have to 
go ranting f or safety? 

We know Gabrida Sabatinx vdll play, but for bbwlong? How 
many breakthrougbshrararewanran had, and not capitalized on? 
Is it possible we’re tookmg at aUS. Open where Arantxa Sinchez 
Vicario is the favorite? 

On the men’s side, it looks like Boris Becker and Andre Agassi 
have to nmy the field, and FB bet the ranch one of ’em is going out 
in the first or second round. Who knows anymore about Stefan 
Edberg? And whatever happened to Michael Stick? Why can’t 
anybody sustain excellence far more than two months anymore? 
Arc we looking at a men’s final of Mkhad Chang vs. Todd 
Martin? A women’s final of Stodiez Vicario vs. 3 Maleeva? 

1 know there’ll bexdenty of good tennis. The best part of the 
Open is going to the smcoourts airly in the week dad watching two 

hard-woridng pros kffl tbeuaelves in the sweltering heaL There are 
> youngsters, hke Lindsay Daveopcot, who bear watching. 

But the U.S. Open is teams on Broadway. I want stars be cause 
stars crestepasskm, which creates drama, which gets the Stadium 
Court load and vulgar, whack produces the best tennis in the world. 
What’s happened to tttin&istbe same thing that happened to 
booting. and reoeudy the NBA. The stars were not replaced. You 
can talk about Laver and Brag being g e ntlemen aB you want, but 
their civility was appreciated only because Nast&se, Connors and 
McE n ro e wer e there forvivid, striking contrast. You don’t have to 
have misbehavior to hsveexotihg team* but you do have to have 

bdiaworofscffl» l rind,arriyop have toharevromanmHinK^ who 

you know are going to get to the semis, whether through tenacity 
or genius. Courier isdjsHkabte enough, bat gemns? Please. 

Sampras is gouus dl right, but where’s his fed? Becker or 
Agassi? Maybe, if the texmis public is lucky. At thentoment, the 
sport is ladangbriOiaiiou, ^slacking rivalries, if s lacking drama, 
and as a result, it's lacking viewers 



Australian Diver 
And a Canadian 
Each Win 2d Gold 


G«t Hanoi 

David Morgan competing in the dean and jerk, in winch be placed second. He won the snatch and the overall tide. 

IOC Is Expected to Fill U.S. Vacancy 


The Associated Prat 

PARIS — Anita DeFrantz 
will soon have another American 
sitting near her an the Interna- 
tional Olympic Committee. 

DeFrantz has been the sole 
U.S. member cm the IOC since 
1991, when Robert HekaLck re- 
* amid conflict-of-interest 
ions. 

After a search of nearly three 
years, the vacancy is expected 
to be filled. DeFrantz indicated 
that die IOC president, Joan 
Antonio Samaranch, had 
agreed on the replacement and 
the name would be announced 
at the end of the IOC session in 
Paris on Sept. 5. 

The list of candidates in- 
cludes Andrew Young, former 
U.S. ambassador to the United 
Nations and former Atlanta 
mayor who currently holds a 
high position on the organizing 
committee for the 1996 Atlanta 
Olympics. 

Young’s was one of four 
names submitted recently to Sa- 


maranch by the U.S. Olympic 
Committee president, LeRoy 
Walker. The others were the 
outgoing USOC executive di- 
rector, Harvey Schiller; USOC 
vice president, Michael Lenaxd, 
and the international s wimmi ng 
federation vice president, Ross 
Wales. 

Three other names were re- 
portedly added to the BsL All 
are presidents of international 
sports federations: Jim Easton 
(archery), George Killian (bas- 
ketball) and Don Porter (soft- 
ball). 

Getting a second member on 
the IOC is especially important 
for the United States with At- 
lanta hosting the next Olympics 
and Salt Lake City, Utah, ted- 
ding for the 2002 Winter 
Games. 

“It win be nice having some- 
one to share the work,” said 
DeFrantz, who has been on the 
IOC executive board since 
1992. 

The naming of the new mere 


Who Gets the First Word? 

Reuters 

. PARIS — Olympic centenary celebrations .got off to an 
embarrassing start cm Friday with an official mix-up over 
whether President Francois Mitterrand of France or Prime 
Minister Edouard Bafladur would open the Olympic Con- 
gress. 

The International Olympic Committee had announced that 
Mitterrand would open its weeklong debate on the future of 
the Olympic movement on Monday, and its information 
director, Michele Verdi ex, told a news conference on Friday 
that, as far as the IOC knew, the president would appear, 
presidential spokesman said latex that Mltterrai 


But a presidential spokesman said latex that Mitterrand 
had never been scheduled to open the Congress and that the 
function would be performed by BaBadur. 


BIBLE STORIES By Randolph Ross 


ACROSS 
t Nursery 
7 Ointment 
1 1 Former 
occupant 
18 Gas fuel 
tv Miciogroo w s 
21 Thrscnolirfy 
life 

* 22 Fast writers 
23 Lillian Heilman 
title from The 
Song of 
Solomon 
25 Call tofbc 
UJS.CG. 

<■ 26 “Domani" 
singer, 1955 
* 28 Worn 

29 Ca/cndario 
period 

30 Flightless bird 

31 King of comedy 

32 Swedish 
currency 

34 Rival of Hires 
36 Lacking 
38 Irwin Shaw title 
from Psalms 
41 Its HQ is in 
Brussels 
43 Jupiter, c.g. 


44 So the pace . 

45 Medteal suffix 
49 Zhivago’s love 
51 

Si Mean ... 

56 Guinness 
superlative 

60 Basin adjunct. 

61 Arab League 
member 

62 Pearl Back dele 

from Mark 
65 Long opening 
67 Golden time 
. 60 Bote 

69 Exa c tit ude 

70 Mazdamodet 

72 One (baB 

S*m) 

73 Number of . 
Disney 
Dalmatians 

74 Penultimate 
letter 

75 Upton Sinclair 
title from 

-■ Manbew 
- 78 Spiteful 
80 Writing on the 


W In tifm aeoa 
in Kensington 
82 Scans of 
- 29-Aehus - 
84 Some simians 
87 Bathe - 
88 -Staddr rival 
89 Lodge 
91 Primary soroce: 
. Abbe. J ... 

93 Lord* j worker 

95-JohttHeaey 

. tide from 
Psalms •' 

<81 Some thi ng to - 
hSawT* . 

103 Mode! material 

106 French seaport 

107 “My ~ 



' 109 Haoe beadingr 

110 P hilamfa opist- 
Lffly. “ 
,111 Pass, 2 s on the 
golf course . 
113 Co n ve ni e nt .- 
■ ^ Repose 
. J16 WHSam 

F^aBmer tide 
from II Samuel 
•119 Univennyof- : 
Gdifonaa 
campos 

121 Mosaic piece - 
- 122 Razes 
'123 JUznihst . 
124 Enrersby 7 : 



125 Soneianjsr 
short - 

126 Papyrus ptrars 

DOWW . 

1 Nbbe! physicist 
Vknred 

• 2 Living room 

. 

3 Ernest 
H emingway 
tidcfrwn • 
Ecdesbsres 

4 F jc crp tioo 

. :S - Gay . 

6 Make Ocean 
wane drinkable 

. 7 Escme ; 

8 Need a doctor 

9 Gown^h 
wi t h print 

10 Parc«ng{out) 

11 1980's sitcom 

12 Btdktk' 

J3 Beach cover-op. 

14 Amue of 
"OCdAoin!* 

15 Ross Perot, e-g. 

16 Tndserwhbthe 
text • ■ 

17 Plant again 

19 High ■ 


epfew York Times/ EfSxed by WOlSharts. 


20 Fractional 
suffixes 

.24 Fisherman, 
perhaps 

27 Fan’s 

encouragement 

33 Cursory 
35 Unanimously 
37 Liberty Island 
attraction 
39 House vote 
48 Surplus 
42 Vein contents 

46 /amts Jones 
tide from Mark 

47 Echo 

48 Places for whips 
50 Murphy 

Bnnms baby 

52 "You one" 

53 Middle fingers 

55 Watch 
» Special 

perfonnance 

57 Glenn and 

Meizenbanni 

58 Mrs- Pknl 
Simon 

59 F» 

63 He swears 


64 One of 
Chekhov’s 
Three Sisters' 

65 Kitchen 
extension 

66 1986 Indy 
winner Bobby 

71 Nova Scotia 
hrs. 

72 Statistical 
graphs 

.74 Casper’s st. 

76 Afresh 

77 Sebed-info 

79 Part of a French 
countdown 

80 Flamenco 
guitarist Carlos 

■ 83 Watch junior 

85 Particles 

86 Partof ILS.V.P. 

90 “Cod is 

that be should 
lie"': Numbers - 

92 Sparkles 

94 Bankroll 

56 City uc»r 
Vesuvius 

97 Telescope name 


98 Mitterrand's 
home 

99 “Cabaret" 
lyricist Fred 

100 Crimson rivals 

102 Prairie homes 

103 Rhythms 

104 Tiny Alice* 

playwright 

105 Gauze fabric 
108 Moxie 


112 Actress 
Singer 

1(4 Mr. Sun 

117 Daddy 
Warbvcks 
henchman, with 
The“ 

118 Partofc.r-a^ 
Abbr. 

120 Kid 

(children’s TV) 


Sotntion to Pnzrie of Ang. 20-21 


ber will come at the end of a 10- 
day gathering of Olympic offi- 
cials from around the world, 
coinciding with the 100th anni- 
versary of the modem Olympic 
movement 

The IOC executive board 
meets Friday through Sunday. 
The 12th Olympic Congress 
will be held next week, with 
more than 2,000 delegates ad- 
dressing issues affecting the fu- 
ture of the movement and will 
be followed by the IOC session 
Sept 4 and 5. 

The executive board will hear 
progress reports from organiz- 
ers of the next three Olympics: 
Atlanta, Nagano, Japan (winter 
1998), and Sydney (summer 
2000 ). 

The board wiQ also receive 
representatives of the nine cities 
bidding for the 2002 Winter 
(tames, including Salt I .ake 
City. The others are: Sion. Swit- 
zerland; Poprad-Tatry, Czech 
Republic; Jaca, Spain; Sochi, 
Russia; Graz, Austria; Oster- 
sund, Sweden; Quebec, and 
Tarviao, Italy. 

The IOC win choose four fi- 
nalists in January before mak- 
ing the final selection next June. 


A key issue for the IOC is the 
list of sports for die 2000 
Games in Sydney. Samar anch 
has indicated that triathlo n and 
taekwondo have a good chance 
of being added, but it appears 
unlikely that any sports will 
eliminated from the p rogra m. 

Last year, a controversial re- 
port by the IOC program com- 
mission recommended drop- 
ping modern pentathlon, 
boxing, baseball, women’s soft- 
ball and synchronized swim- 
ming. But Samaranrh has dis- 
tanced himself from the report 
and indicated that he’s not ea- 
ger to cut any sports. 

At least one IOC executive 
board member believes the pro- 
gram needs more str eamlining . 

“You might have to speculate 
that if the IOC doesn’t dimi- 
nate anything and adds two 
more spoils, who's going to 
take it seriously?” Dick Pound 
of Canada said. “There are 
some sports that you have to 
wonder if they’re really rele- 
vant. You have to ask yourself 
if something like dressage [an 
equestrian event] is really an 
Olympic sport.” 


The Associated Press 

VICTORIA, British Colum- 
bia — Michael Murphy of Aus- 
tralia overcame Robert Mor- 
gan’s early lead to win the 
men’s 10-meterplatform diving 
title at the Commonwealth 
Gaines and collect his second 
gold medal of the competition. 

Annie Pelletier of Canada 
also won her second gold by 
rallying to win the women's 3- 
meter springboard. Pelletier, 
who also won the 1-meter com- 
petition, edged a countrywom- 
an, Paige Gordon, by 0.78 of a 
point, and Australia’s Jodie 
Rogers woo the bronze. 

Murphy, who also won the 3- 
meter springboard and was sec- 
ond in the 1-meter event, was 10 
points behind Morgan, of 
Wales, tile defender, during the 
first four compulsory dives bat 
overtook him during the later, 
more acrobatic ones. 

In round three, Morgan pro- 
duced a piked reverse dive that 
brought whoops of delight from 
the fans. One of the judges 
scored it 10.00 and two others 
gave him 9.5. Even Murpby did 
not score that highly in the en- 
tire 10-dive competition. 

But the 20-year-old Austra- 
lian was more consistent during 
the last six dives and took the 
lead in round six. 

Murphy totaled 614.70 
points, Morgan had 585.96 and 
Claude Vflleneuve of Canada, 
who took up diving only four 
years ago, collected the bronze 
with 58122. 

Canada threatened a sweep 
of the medals in the women’s 
springboard when Mary De- 
Piero, the 1990 1 -meter champi- 
on, placed third after eight 
dives. But her final two were 
disastrous and Rogers, who 
won a silver in the 1-meter 
event, came up with two good 
ernes to overtake her. De Piero, 
who won a bronze off the 1- 
meter board, finished sixth. 

Pelletier, whose last two dives 
produced the highest two 
scores, totaled 529.86 points 
and Gordon had 529.08. Rogers 
scored 474.81 ahead of country- 
woman Vanessa Baker, who 
had 466.77. 


South Africa won its first 
gold medals at the Common- 
wealth Games in 36 years, in 
men’s and women’s fours lawn 
bowling. 

The gold came in a genteel 
sport in which competitors roll 
black balls across smooth grass. 
Swearing is strictly forbidden, 
but competitors are allowed to 
drink beer and smoke cigarettes 
while they play. 

South Africa had won one 
silver and three bronze medals 
before Thursday, and they ex- 
pect to win more. They would 
have to come in track and field, 
the only sport where South Af- 
rica has any athletes remaining. 
The chances rest with the pole 
vaulter Okkert Brits, the 800- 
meter runner Hezefa’el Sepeng, 
the 1,500-meter runner Johan 
Landsman and the women’s 
high jumper Charmaine 
Weaver. 

The Australians added to 
their medal cache Thursday in 
diving, cycling, walking and 
weight-lifting. 

The only track events Thurs- 
day were outside the stadium in 
two race walks, both won by 
Australians. 

Kerry Saxby-Junna won the 
women’s 10-kilometer walk in 
44 minutes 25 seconds for her 
second straight gold medal in 
the event. Nicholas A’Hem 
won the men’s 30-kUometer 
walk at 2:07:53. 

Australians won all three cy- 
cling events with Games' re- 
cords. Bradley McGee took the 
men’s 4,000-meter pursuit race 
in 4:31271, Kathryn Watt won 
the women's 3,000 pursuit event 
in 3:48.522, and Stuart 
O’Grady captured the men's 
10-mile race in 18:50.453. 

The Bulgarian-born Kiril 
Kounev, the 1989 world cham- 
pion now competing for Aus- 
tralia, swept all three gold med- 
als in the 83-kilogram class in 
weight-lifting, a competition 
maned when John McEwan of 
Scotland broke his right arm 
during a lift. 

Canada qualified five fight- 
ers into Saturday’s boxing fin- 
als. 




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Page 20 


INTERNATIONAL HERALD TRIBUNE, SATURDAY-SUNDAY, AUGUST 27-28, 1994 


DAVE BARRY 


So We’re Overweight 


M IAMI — Guess what: 

Americans are too fat 
This fact was discovered recent- 
ly by a panel of concerned ex- 
perts and reported extensively 
m the news media, as though it 
were a shocking revelation. 

The truth, of course, is that 
we Americans already know we 
have a weight problem. We no* 
rice it every tune we get out of 
the shower and look in the bath- 
room mirror and see our head 
sitting on top of what appears 
to be a towel-clad manatee. We 
notice it when we're unable to 
get our wallet out of the back 
pocket of our relaxed-fit jeans 
without the aid of power tools. 
We notice it every lime we tune 
in to TV talk shows, which dis- 
cuss weight control almost as 
much as they discuss major na- 
tional issues, by which 1 mean 
O. J. Simpson. 

So we know we're too faL But 
that did not stop a panel of 
concerned experts from re- 
minding us. This was a different 
panel from the one that an- 
nounced recently that — get 
ready — Mexican food contains 
a lot of fat This is also how the 
media reacted when previous 
concerned expert panels an- 
nounced that there was fat in 
Italian food, Chinese food, fast 
food any breakfast food that 
does not taste like mulch, and 
of course the ultimate Death 
Food-movie popcorn. 

□ 

What I want to know is, do 
these expert panels honestly be- 
lieve we don't know what these 
foods contain? 

We know perfectly well that 
we’re eating faL We just wish 
you experts would stop RE- 
MINDING us. Because the 
truth is, we LIKE fat That's the 
way we were designed by Moth- 
er Nature (who herself is a size 
24). Thai’s why we DON'T eat 
what you experts nag us to eat, 
namely, 27 individual portions 
per day of raw fruits ana vegeta- 
bles. We want to be like the 
mighty 1 km, which fears nothing 
and eats Mexican food whenever 
it chooses. 

But we never hear this kind of 
good news from panels of con- 
cerned experts. They’re too 


busy doing studies to prove yet 
again that we weigh too much 
and eat the wrong foods and 
don't exercise enough and 
watch too much TV and raise 
our kids wrong and smoke and 
drink and secretly pick our 
noses. And they LOVE to re- 
mind us that we're stupid. Just 
about every week you read a 
news story in which experts an- 
nounce an alarming new study 
showing that seven out of every 
10 Americans don’t know how 
many limbs they have, or can- 
not correctly identify their 
home planeL 

□ 

I want you concerned experts 
out there to put your ears down 
next to the page and listen close- 
ly to what I am about to say: WE 
KNOW WERE STUPID. You 
don’t have to keep reminding us. 
We see the evidence all around 
us every day. For example: Vir- 
tually everybody who drives in 
front of me is an idioL I con- 
stantly find myself behind driv- 
ers who are startled and baffled 
by virtually everything they en- 
counter, as though they’ve never 
been outdoors before. They'll 
see, for example, a tree, and im- 
mediately they hit their brakes, 
as if they expea the tree to leap 
into the middle of the road. They 
also brake for mailboxes, build- 
ings and their own rearview mir- 
rors. But above all they brakefor 
the most disturbing and mysteri- 
ous of all earthly phenomena, a 
gre e n traffic light, which causes 
them to come to a virtual stand- 
still, paralyzed, until the light 
turns yellow and then red, at 
which point they accelerate to 
275 miles per hour and shoot 
through the intersection, leaving 
me stuck at the ligbL shouting 
until spittle covers the dash- 
board. 

My point, concerned experts, 
is that we already know what 
we're Eke. Your message has 

C etrated even our faL stupid 
ns. Some days we get so 
depressed about it that we think 
about committing suicide by 
deliberately swallowing movie 
popcorn, we would wash it 
down with diet soda. 
Krtight-Ridder Newspapers 


An American View of Cricket, the English ‘Malaise 


Inuntanorai Herald Tribune 

L ONDON — Groucho Marx, it is 
said, was taken to a cricket 
march and after 30 minutes of watch- 
ing white- flanneled players moving 
balletically, and inscrutably, over the 
green, was asked how he was enjoy- 
ing the game, “fine,” he replied 
“When does it begin?” 

Another American, Mike Marqu- 
see, a Marxist of the Kail rather than 
Groucho tendency, went to his first 

MARYBLUME 

cricket match in 1976 and fell in love 
with it although the game is consid- 
ered beyond a foreigner’s ken. Crick- 
et has been called less a sport than a 
secret code, chess on grass, and, by a 
former Archbishop of Canterbury, 
organized loafing — boastfully self- 
deprecating descriptions that suggest 
only a true-blue Brit can play, or 
understand, iL 

Nonsense, argues Marqusee: 
Cricket is no more difficult than 
baseball “although there are those 
funny little rules that only come into 
play at a certain part of the game." 
As for true-blue Englishmen, they 
may control die sport and give it an 
exclusive public school image, he 
says, but the best players these days 
are those who were considered lesser 
breeds in the days of empire: 

Marqusee has written a novel about 
cricket in India and a study of the 
Labor party’s campaign in the last 
election called “Defeat from the Jaws 
of Victory ” His new book, a history 
of cricket called “Anyone But Eng- 
land,” (published in London by Ver- 
so), got surprisingly friendly reviews. 

“Even if what I said was offensive 
to the establishmenL I'm not a threat 
to anybody,” Marqusee said in a cof- 
fee shop in Islington, north London, 
where he lives. “I'm seen as such an 
eccentric in the cricket world that 
people think it's amusing if they 
don't agree — 'He’s mad but this is a 
jolly interesting book.’" 

No sport is as besotted with its past, 
he says, with its congealed notions of 



mg to the bowling of a ghost/ 
symbol of English democracy and 
continuity: had the French been capa- 
ble of playing cricket with their peas- 
ants, the historian G.M. Trevelyan 
wrote, their chateaux would not have 
been burned. 

Cricket is indeed the first modem 


team Sport played on foot, Marqusee 
says, bin he adds, “Cricket is no more 
the organic outgrowth of the ancient 
community of the village seen than 
Magna Carta is the work of freedom- 
loving Saxons.” it is, he argues, less 
the result of social harmony than of 
social hierarchy: its clubs were for 
the nobility and gentry, its profes- 
sionals the servants of the dubs. 

The batsmen were the elite, the 
bowlers were paid to throw the ball to 
them. The distinction, muddied when 
oonvemoit, between gentlemen and 
players lasted until the final Gentle- 
men vs. Players match at Lord’s in 
1962. The fust full Laws of Cricket 
was publiriied in 1774 by the London 
Club whose president was the Ger- 
man-bom son of George LEL eager to 
prove his Englishness (be died an en- 
viably English death after being struck 
on the head by a cricket ball). 

Cricket’s constitution, Marqusee 
says, is, like England’s, unwritten 
and therefore open u> abuse by those 
dainring to act in its name. A by- 
product of the forces that set the 
industrial revolution in motion, 
cricket’s leitmotiv is nc in urbe, 
country in city. It suggests a tran- 
scendent code of behavior (“that’s 
not cricket”) and is truly English in 
its hypocrisy, in the way it Ees to 
itself about itself — “the cult of the 
honest yeoman and the village green, 
in the denial of cricket's origins in 
commerce, politics, patronage and 
an urban society.” 

Marqusce’s subtitle, “Cricket and 
the National Malaise,” has become a 
clichfe in recent years when the Eng- 
lish team’s defeats seemed to mirror 
the country’s decline. But he takes 
the notion of malaise further back to 
suggest a hegemonic and exclusive 
view that has dogged the game from 
the start 

Even today, women are not al- 
lowed in the pavilion at Lord's and 
Marqusee says they were only ac- 
cepted at Old Trafford a few years 
ago when a member pointed out that 
he was a woman, having had a sex 
change operation. 

Market forces now drive the game 
as they do the country, Marqusee 
says, with company logos and hospi- 
tality boxes and corporate sponsor- 
ships and aberrant inno vations such 
as Sunday ma tches in which the 
teams, instead of whites, wear what 
are called pajamas, wild-colored syn- 



v .V * • 
C , .***-v. 


Mike Marqusee on the playing field of Lord’s. 


thetic fabrics festooned with logos. 
“It’s just ghastly. The reason they 
introduced this is because what they 
call the replica kit is a big seller in 
most sports and you can’t sell repli- 
cas of all- whites.” 

The game also serves politicians. 
Norman Tebbit’s notorious “cricket 
test” suggested that immig rants who : 
rooted for non-English sides were 
not entitled to be considered true 
Englishmen. John Major earnestly 
promotes hims elf as a cricket lover. 

“The Tory party is going through a 
crisis, as you know. Entering mto 
Europe has been a trauma for them 
because it makes it difficult to recon- 
cile old nationalist values with the 
free markeL Mqor goes back and 
forth from one to the other and gets 
attacked tty one side of his party or 
the other, so he grabs onto cricket as 
a way of saying I may be pro- Europe 
but I actually love the old England.” 

Marqusee’s views are admittedly 


tinged by poEtibal bias but the strazi- 
gest part of his book is bis documen- 
tation of ugly radsm encapsulated in 
the accusations in the summer of- 
1992 that die craOk Pakistani team 
had tampered -with the ball 
The cnckei bafi, worthy of a book 
of its own, has baffled physicists and 
befuddled nmpixe&-It remains in- 
play throughout the match (in base- - 
ball there are replacements as need- 
ed) and can, forasc&mple, be damp- 
ened with sweat or spit but not 
orangeade and pressed along Its seam 
but never scratched by a fingernail. 
“Because the nne bail stays m play 
the whole time, die issue of what you 
can and can’t do'has always been a’ 
controversy and the line is gray. ■ 
“My basic argument is that the 
gray lme is ev ec ysq i e i e; it means that 
the powers that enforce the roles dp. 
so as and when it suits them. And 
when it suits fhemrin this country is 
when they play against a black side.” 


This summer, just as 
book was coming out Eagles ^ 

tain, Mike Atherton, 

King dirt from his pocket on to the. 
ball and action had to be to ** 0 
the false accusations agamst raa- 

was not fcSgudty *wi was Dned - ■ 
’ “Whether or not whatAl^toD. 

did is fflegal is uncertain becao^tne 

laws are drafted in the most open- 
ended and ambiguous way and 
consistently enforced. I don t tea 
Atherton did anything 
made no sense, it’s as if people sawui 
all its incoherence, all its inconsisten- 
cy, its incoodusivencss, everyone s . 

refusal to g&sp the nettle that sums, 
us up at the momenL” 

' Marqusee sees no inconsistent; 
between his politics and his love of 
cricket — “A lot of leftwingers, in- 
eluding me, are traditionalists in 
docket mattes’ of many kinds 
and he can easily imagine & national-. ; 
ized cricket in which entrance tickets 
would' be free, a lot more P®*?!"®’ 
would be able to play, women would . 
be- admitte d to the pavilion, and ev- 
eryone would wear white. 

He doesn’t play hhnsdTbut had he 
ihe gift he would Eke to be a left arm 
span-bbwler.“It*s the equivalent of a ' 

arewbaD pitcher or a cwve bafl pitch- 
er mbasebalL It’s a magician’s art. , 
From the start he was entranced 
by the game’s- timeless pace and mix- 
ture of grace and guile. He also likes 
the Ian that, except for fast bowlers, 

cricketers need not be super athletes. 

“You can be fat and be a good 
cricketer, lhaf scare of tfee-things I Eke 
about iL Since the ’80s there’s been 
tins thing of super-muscularity and 
scientific fitness, it’s killed tennis. In . 
cricket you get the short and the tad 
and the lean and the not so lean.” 

Like baseball,' cricket, is a symbol 
of lost innocence arid memories, false 
or .not, of the small town and the 

‘ -~-i — nit., w i. .bivt. 


to is the way cricket has been used as 
a vehicle for the national destiny and 
moral character. “It is distortion and 
it.doesnYdb the game any favors.” 
/ He uses as his epigraph “At the 
Ban Game^by WflEam Carlos Wil- 
liams, with its fast hues “all to no end 
save beauty /. the eternal . .. . ” 
That is also the way he sees cricket: 

‘Tfsjost a game,” he says. “Tt has 
no higher moral purpose than that.” 


If - 4 

\‘\ T. 


I 


ft 



WEATHER 


PEOPLE 


Europe 


Today 


Toukmiom 


High 

low 

w 

HI* 

low W 


OF 

OF 


OF 

OF 


31 /SB 

21/70 

■ 

20 /B 4 

21/70 a 

Airaleden 

igraa 

16/09 

•K 

11/88 

14*7 pe 

Arinri 

aim 

13/30 


29*4 

14*7 1 

M/ana 

31/sa 

23/73 

■ 

32/80 

23/73 ■ 

BMcvte* 

29/54 

22/71 

* 

20*4 

22/71 1 

B^cte 

2 B /70 

16/60 


31 *8 

19*8 ■ 

b« 6 i 

22/71 

10/30 

■h 

22/71 

11/52 e 

BnMtefe 

22771 

13 /» 

•il 20*8 

11/52 pe 


25/79 

15*1 


29*4 

18*4 pe 


20 W 

13*4 

#1 

10*8 

0 I 4 B ah 

Com 0 * Sol 32/BO 

24/75 

1 

31*8 

23/73 ■ 

DubOn 

10/01 

7/44 


17/88 

fl /48 pc 

EiMkxgh 

14/57 

11*8 

111 

10*1 

11/32 ih 

Fkiine 

3 D/B 6 

17*2 

a 

31*8 

10*8 I 

Fnvdhjrt 

23/73 

10*1 

* 

23/73 

12*3 pe 

Smn 

25/77 

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28/70 

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HdiWd 

IB /04 

12/63 


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btanbJ 

2 B/H 2 

22/71 


30*8 

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Laa Patnaa 

27/00 

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■ 

mm2 

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LJabon 

29/04 

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1 

20*2 

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London 

19/00 

0/40 

■h 

18*4 

0 / 4 B pe 

MaiHl 

35/90 

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26/82 

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19/00 

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21/70 

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lOaVch 

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NM 

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22/71 

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fkm 

31/58 

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SL Palaratxn SI/TO 

0/48 

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StocUxjtr. 

18/04 

12/53 

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18*4 

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SMotmag 

23/71 

16/30 

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24/75 

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19*8 

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19*0 

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Vatvca 

27 /BO 

21/70 


29*4 

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Venna 

22/71 

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24/75 

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Vfaraav 

24/74 

13*5 


24/75 

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Zirt* 

24/75 

18*1 

pe 

28/79 

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Oceania 

Aiddand 

10/51 

8/48 

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18*1 

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Svdnay 

22/71 

12*3 

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21/70 

13/55 1 


Forecast far Sunday through Tuesday, as provided by Accu-Wealher. 





"W-T- 

•MMiaam 

RZXUnuamfaly P 771 Una Manratily 

TS/NCoM |//>]ho> b^a H- n 



North America 

Warm weather this weekend 
Into Monday Irom Washing- 
ton D.C.. to Boston wtl gtva 
way lo cooler, (frier weather 
Tuesday. Thunderstonns wW 
occur from Chicago to 
Boston Sunday Mo Monday. 
Denver to Calgary will be 
aunny and hot. A tropical 
storm may term m the Gufl of 
Mexico 


Europe 

London will be windy and 
cool Sunday Into Tuesday 
with a few showers Sunday. 
Oslo and Stockholm will 
have damp, cool weather 
Sunday Into Tueaday. 
Madrid wtl be sunny and hot 
white Paris will be breezy 
and cool with some sun- 
shne. Southeastern Europe 
w« be pleasant 


Asia 

A heat wave wi» envelop an 
of Japan Sunday Into early 
next weak. Korea will bs 
very warm, but a few stray 
thtftderstpms are possible. 
Heavy thunderstorms wilt 
remain |uai west oi Beijing 
through Tuesday. Tyohoon 
Gladys vn* approach Shang- 
hai early neri week. 


Asia 


Today 


Tomorrow 


MBh 

Una 

W 

Wgh 

Low W 


OF 

OF 


OF 

OF 

(hngtah 

32*9 

24/78 

1 

32/99 

74775 pe 

togflong 

32/89 

32*8 

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78/79 

PC 

r 

33*1 

33*1 

23/73 a 
28/79 pe 

M*tr*n 

31*8 

23/73 


20*4 

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NaaDrM 

31*0 

27*0 

1 

32*9 

28/79 jc 

Seoul 

33*1 

28/79 


32*9 

20/79 pc 

Shanghai 

33*1 

28/79 

PC 

33*1 

20/79 pc 

53J” 

32*9 

26/79 


32*9 

24/75 pc 

33*1 

23/73 


32*9 

23/73 pc 

Toayo 

34*3 

76/77 

pc 

34*3 

77*0 pc 

Africa 


29*4 

221 71 

• 

30*8 

73/73 a 

Cap* Town 

10/00 

8/48 

a 

15*4 

B/a ■ 

Cauhiinca 

29*4 

70*8 

■ 

2 B *2 

19*6 1 

Harar* 

IB-C 8 

M /52 

1 

22/71 

12*3 pc 


27*0 

23/73 1 

2 B *2 

24/75 pe 

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S TRIKING back. Faye Dunaway is su- 
ing composer-producer Andrew Lloyd 
Webber for more than $6 million over her 
Hiamiaol from the starring role in the mu- 
sical “Sunset Boulevard.” Dunaway, 'S3, 
claims defamation, breach of contract and 
fraud in the court complainL Just weeks 
before Dunaway was set to take over the 
role of Norma Desmond, Lloyd Webber’s 
company issued a statement saying that 
after several weeks of rehearsals Dunaway 
wasn’t up to the job. She was fired June 22 
and the show dosed June 26 in Los Ange- 
les. Lloyd Webber has dismissed 
Dunaway’s suit as a “public relations 
stunt” and said in a published statement, 
“We will take the severest action against 
her insulting, damaging and defamatory 
remarks.” 

□ 

Marlon Brando, 70, considers himself 
“lucky” with women, including Marilyn 
Monroe. “We had an affair and saw each 
other intermittently for years,” Brando 
said in his new book, “Brando: Songs My 
Mother Taught Me,” coming next month. 
□ 

India’s “bandit Queen.” Phoolan Deri, 



against me,” she said. “It is . 
facets totally agamst toy life and 

■■■■■'■ D 


with 


t •*- 

□arid SpafacTkc Anodncd Frew 

Faye Dunaway: S6 mffliqn sunset? 

threatened to set heradf tirifirc if a film on 
her life, screened at die Cannes film festival 
and elsewhere, was released in New Delhi 
without her permission. Dewq who spread 
tenor in Madhya Pradeshsstate after she 
turned to banditry foUawiimber abduction . 
and gang-rape by high-carte Hindu land- 
lords, is now tiw wife of a pofitkun, Umed 
Singh. “The film is an act. of injustice 


rfaimfng the co mpan y planned to steal his 
name for a new CD-ROM. Applc plans to 
call the product /TDylan” and bas fifed pa- 
pers apateztt undcr that name, said- 
Dylan's attorney. Dylan, whose real name Ss 
• Ro bert ZJ—cnuip» waits a temporary ro- 
■ straining order baxring.thb useof ms Hamer 

■" . > 

Orson Welles’s estate is suing David; 
Coppexfidd over his useof film footage of i 
the Urn actor and director performing xriag-’ 
ic. Thfc lawsuit says Copperfidd used 1945,’ 
footage of Welles without the consent of 
Write's daughter, Beatrice. Coppeifidd; 
says that he bought the footage from tbe- 
widow of the films producer, who said her 
husband owned all the rights to iL 

; 

- Thousands. of admirers and followers of- 
Mother Teresa came from axoirnd the! 
world to edebrale her 84th birthday at the- 
headquarters at her Missionaries of Chari-; 
ty order in Calcutta. 


*1 


Travel in a world without borders, time zones 


Aisar Access Numbers 
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ToreceiveyourfreewaBetcardof ABSVAccess Number^ fart cMtiieacoessraiiriberof ’ ' 

the courHry you’re fri and ask far Customer Service. 

COUNTRY ACCESS NUMBER: COUNTRY 'ACCESS NUMBER COUNTRY ACCESS NUMBER 
ASIA Italy* 172-1011 Brazil 0004010 


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Australia 

1-800-881-011 


1SS-00-11 ChOe 

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language barriers. 

China, PRO~ 

10811 

t Ithreanfa- “ s ‘ 

8*196 

Coknnbla 

980-11-0010 [ 

Guam 

018-872 

Luxembourg ••*.**• .• 

0«0-0111 

. Costa Rka*. 

114 


Bong Kong 


India* 


Indonesian 


800-1311 Macedonia, of 99-8004288 Ecuador 

0800-890-110 El Salvador's 


000-117 Malta- 


119 


001-801-10 Monaco* 




X9a-O 011 Guatemala' 


190 


003Q-I11 NMaertamfir 


Korea 


009-11 Norway 


0641229111 Guyana*” 


190 


600-190-11 . Honduras** 


165 


II- Poland**- 


Malaysia* 


0*010-4800111 Modcoaaa 


12J 


New Zealand 


8000011 PonugaT 


QOO^H Romania 


05017-1-288 Nfcaragna(Managna) 


95-800-462-4240 


PhCUpplnca~ 


01-800-4288 ’ Panama. 


Saipan* 


MS-ll gPssfartMoactwiQ 


1554042. .Penr- 


174 

109 


255-2872 Sfavaida 


Sngunore 


W42WMI01 Suriname 


191 


| SriLinka 


800-0111-111 Spain- 


430-440 SwedexT 


900-99-00-11 Uruguay 


156 


Taiwan* 


0060-102880 SfritzeriamT. 


020-795^11 Venezuela*. 


00-0410 


Thailand* 


155-00-11 


0019*91-1111 UJL 


EUROPE 


050^89-0011 ' Bahamas 


CARIBBEAN 


•awn-120 


Ukraine* 


83M(p 



Armenia** 


8*14111 


Imagine a world where you can call country to country as easily- as you can from home. And 
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MEDDLE EAST 


Austria**** 


022903-012 . Bahrain 


8*100-11 Bermuda* 

■ ‘ British VJ. 


1*800472-2881 


1-800-872-2881 


1-800^72-2881 


-U _ » »■ 


0800-100-10 Cyprus* 


Bulfprfa 


OU-I 8 OO-OOIO Israel 


080-90010 Grenada* 


Ofouftr* 


99-38-0011 Ktra-iut 


Czech Sep 


D enmar k* 


oo-fcamoioi- Ld» O Wi(Bein*) 


- Cayman Islands 1-80CV872.2881 
1-80^872-591 
001-800^72-2883 
~ 0^800^72-2881 


177-100-2727 Haiti* 


800-288 Jamaica** 


8001-0010 Qatar 


42^801 Ncth. Amll 


Finland* 


9800-100-10 Saudi Arabia 


“ttMHI-77 SLKins/Nevfc 


France 


1-800-10 


• 0Ql-80Q-872-2ffll 

~l-800-872-28aT 


19*4011 Turkey* 


Germany 


0130-0010 CAE* 


Greece* 


00-800-1311 


Hungary" 


kebnd*. 


•399-001 Bdizv* 


— AFRICA 

- 4-1 <**00-12277 Egypr(Ciiio) “ - ^lfu> 3 An 

Tam 555 - ~-oi^ 

AMERICAS Gambia’ : 

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00**80<MH11I Atgenrina* . ’ 001 - 800 - 200-1111 Kenya* 


Ireland 


1-800-5 50-000 Bolhfcr 


555 -LBwria. 


<^00-1112 South AfrkaT 





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