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Paris, Saturday-Sunday, February 26-27, 1994 

No. 34.522 

To Retitei to 


Compiled bf Oar Staff from Dispatches ' ' 

! WASHINGTON — President BUI Clinton 
on Friday .condemned; fee Hebron mosque 
massacre as a deliberate mtampt to torpedo '• 
Middle East peacc aud. announced that Israel 
and the Palestinians had agreed to move their 
peace talks bade to Wasamgtoa under U.S.. 
auspices. . , • 

r He said bis goal was *^o thwart the purpose 
of the murder and ranvigorate the peace pro- 
cess.” *• : n . v- . v ; . 

“Extrennsts on both sides are determined to 
drag Arabs and Israelis backinlotbe darkness 
of uneadkg canfl^" Mr. Cfottoa said at a 
hews. conference.. 

“The answer now,” he sad; “fa to redouble 
our efforts to condude the talks between Israri 
and the Palestme liberadon Organization and 
begin unplemeataifcm the, agreement 'they 
have rapidly as possible?'- \ :. 

He refcrredTo Israeli -fLO efforts to come to. 
final terras and.cany oat a peace actord m die 
occupied West Bank And- Gaza Strip, whfcft 
they signedin ^epoeraber in fee-White Hoose. _ 
He said fee Unhid States fcad.askn brad 
and the PLO to send Bust negotiators back: to 
Washington ^soob As pcsaWe and tcv stay . 
here in cbniiniioifa session until their jrark fa ■ 
completed.” V ’ • .'.\ ’ ” ~ "> ' “•« 

“They have bofe agreed to do That,” - he 
added. . • ... 

A US. Official said the talks would resume : 
early next week. He said- their annWooM^beto' 
resolve find detailsiof an agreement on band- 
lion to Palestinian rule in the occupied territo- 

lioa to Palestinian rule in the ocenpied lesdto- 
riss reached in. Cairo on' Feb.- 9 by fee PLO 
cfbirroaiL Yasser Arafttt, and Foreign Minister 
Shimon Peres of farad. .. . 

Mr. Arafartdd Secretary iofState WanenM. . 
Christopher m a phene ccfflversatioo Friday 
that it was crucial to calm fee situation quickly, 
fee official said. ' *■'. _ ' ' 

expresank ‘’sneif 

munler rooTubepcrpetratei” , ; 1 

He said hfa prenatal was designed to ^ve^a 
sense of urgency*- to; the negotiations and to 
Veep fee massacre from beowning another ob- . 
rtade to settkmoot. - . r {Ratters, AT) 

— Yitzhak Rabin 

nflames Palestinians, Peace Talks to Go On 

Mass Killing 
At Mosque 
Ignites Riots 

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Pakstmiaffi carrying a man wounded on Friday daring riotiag in Hebron as d fe tnrba n ces spread thronghoat the occupied territories after the killi ng s by an Israeli settler. 

teace Process 

CUnton%Move to Transfer Talks Welcomed. 

Caldron of Death in Shrine 

Worst Bloodshed in West Bank Since ’67 War 

■. • ' ^Bj,Cuyl$ Murphy _ .. .. ; v , ... 

Wathfagioa. fast Strict 

CAIRO— ■ AsoonctoiKitihpscar an Isradtseate’sniassa- 

negotiaUons to hhmch Palestinian self-rule in the occcpied. 
territories unless eattiaotfenaiTroeasiires were taken.' ■ 

PtesideBi fiQ Gnuon’s mitiative to bring those negotia- 
tions immeffli tdy to Wishmgton —an invitation that Mr. 
Ginton said bothadet had apoqrted — nuor be just what & 
needed, tbeyadded •: i : 7 
-i think frs ^tngh tima fern fee American government put 
some inqiettu and gwe a ;djot in fee arm to the peace 
process, and/ ^Mr, QmtoB*smove would fall into that pro- 
cess,” said Nassif Hfati, a senior official of the Odro-based- 

OMSsuggesfere'ftat the peaceprocess launched by 
September’s Israefi-pSestiman accord has boea mortalfy^ ^ 
hurt by the maasacre ■— the sin^e largest group (tf Palestin- 

ians killed since Israd seized fee Arab territories in the 1967 
Azab-Israeh wdr. 

; / Most Western and Arab officials said instead feat fee 

' Eig attack in a Westjbahk mosque by an American-born 
. Isradi seukr requires feat the negotiations be speeded up. 
: : . -“We need to speed up fee process, which fa still very 


fragile,” Mr. ifttri said. “It’s riot enough to express condo- 
, knees.” 

/ .He added feat the “substance" of fee talks was “Israeli 
troop withdrawal from the occupied territories. 

. '. “American bdp is much needed in this respect,” he said. 

Until Friday, fee kradi-Pakstinian talks were apparently 
headed for a. breakthrough in about two weds. Yasser 
Arafat, chairman of the Palestine liborarion Organization, 

See PEACE, Page 4 

By David Hoffman 

Washington Post Service 

HEBRON, Israeli-Occupied West Bank — In the ancient 
bait surrounded by marbled walls and Herodian ramparts, 
Sharif Zahdi, wearing a simple brown sweater and scarf, 
kndt to touch fee ground at dawn Friday as the words of the 
Koran echoed through the mosque. 

He was in the last row of worshipers, his back to the 
doorway, when fee bearded, uniformed Isradi came 
through. Baruch Goldstein, a Jewish settler who was a rnrgor 
in fee Israeli Army, squeezed fee trigger of his army-issued 
Galil automatic rifle. 

“I was one of the first hit,” Mr. Zabdi recalled, as he lay in 
fee hospital, a huge bandage covering his chest wound. 
‘'When I heard the shots, I fat fee buBcL The man next to 
me, his brain was blown out erf his skulL He raised his index 
finger, to show — when one feds death coming — feat be 
believes God is one. And I idt like I wanted to die.” 

In a few moments, the hall was turned into a caldron of 

death. Dr. Goldstein Fired dozens of bullets into fee backs of 
kseeliog worshipers, according to sunivors. Blood filled the 
floor and witnesses recalled bearing “bombs” or grenades 
exploding around them. Those who were still alive among 
fee hundreds of Muslims who had come to Friday prayers 
scrambled for fee exit in a blood-drenched panic. 

The angry crowd seized fee settler and pummel ed him to 
death wife metal rods, fee Isradi authorities said later after 
examining his body. 

Witnesses said the Isradi soldiers who usually guard fee 
compound arrived at fee scene too late to keep Dr. Gold- 
stein from reloading his weapon and opening fire again. 

As survivors shouted “Allah Akbax,” or “God is Great,” 
men snuggled to lift the dead and wounded to waiting cars, 
their traditional Palestinian scarves soaked in red. 

It was fee worst bloodshed in a single incident since Israd 
captured the West Bank in the 1967 war, and it came at a 
place that has long been a fulcrum of tension between Arabs 

See HEBRON, Page 4 

Ccviqnltd ty Our Staff From Dispatches 

HEBRON, Israeli-Occupied West Bank —A 
Jewish settler armed wife an automatic rifle 
and hand grenades gunned down dozens of 
Muslims on Friday as they kneeled in prayer at 
a mosque before he was overpowered and beat- 
en to death by enraged worshipers. 

The massacre ignited riots that spread 
throughout the occupied territories. 

Prime Minister Yitzhak Rabin of Israel 
called fee killin gs a “loathsome criminal act” 
by a deranged man and said it should not be 
allowed to derail fee peace process. 

Hospital officials said 54 Palestinians had 
been killed and about 170 wounded in the 
mosque shooting and in riots in Hebron and 
other West Bank towns, fee Gaza Strip and fee 
old walled dty of Jerusalem. They estimated 
that at least 40 had been killed in fee mosque 
and the rest by Isradi soldiers in the subsequent 

Palestinian officials said 43 worshippers bad 
been slain in fee mosque and 6 Palestinians 
killed in clashes wife Israeli soldiers outside a 
hospital in Hebron where many of fee bullet- 
riddled bodies were taken. 

The attack by fee settler. Dr. Baruch Gold- 
stein, was fee worst since israd captured the 
occupied lands in fee 1967 Middle East war. 

It took place at the Ibrahim Mosque, where 
800 worshipers had gathered for Ramadan 
prayers. The mosque is situated at fee Tomb of 
the Patriarchs, a 2,000- j ear-old ferine where 
Abraham fa said to be buried, and which fa 
sacred to Muslims and Jews. 

Hebron, a flash point of violence far decades, 
is fee only Palestinian town wife a Jewish 
settlement in it. It is also a stronghold for 
Hamas, fee Muslim fundamentalist group feat 
opposes any peace deal with Israel. 

The attack at fee mosque began about S:4S 
AM. after an evening of tension in which 
Muslims and Jews quarreled over rights to fee 
site. Each was marking a major holiday, fee 
Muslims fee holy fasting month of Ramadan, 
and fee Jews Purim, a holiday celebrating fee 
saving of fee Jews from an ancient Persian king. 

The attacker returned to fee mosque early 
Friday, armed wife a pistol, grenades and an 
Israeli-made Galil assault rifle, which can fire 
750 rounds per minute. His face was covered 
wife a white scarf. 

The carnage took place in a prayer room 
measuring about 20 meters 30 meters'(70 by 90 
feet). The gunman stood near fee only entrance 
and opened fire on fee back rows of worshipers 
as they kndt, heads to fee floor, for dawn 
prayers, witnesses said. Worshipers had no es- 
cape route. 

“He was trying to IriD as many as possible,” 
said Mohammed Suleiman Abu Saleh, a guard 
at fee mosque. “The floor of fee mosque was 
full of bodies and blood.” 

Worshippers knew fee gunman as a doctor 
from fee settlement of Kiryat Arba, a miliiam 
Jewish enclave in Hebron. 

Settler leaders said that Dr. Goldstein, be- 
lieved to be about 40, was from New York and 
at fee time of his death was a major in Israel’s 
army reserves. They said he was a supporter of 
fee anti-Arab Kach movement founded by 
Rabbi Mcir Kafaane, who was assassinated in 
New York in November 1990. 

The ltim news agency said a group calling 
itsdf the “Organization of Avengers" called 
Israd Army radio and said fee kfllmgs were in 
reprisal for Rabbi Kahane's murder. 

An army spokesman. Lieutenant Colonel Ye- 

See MOSQUE, Page 4 



U.S. Expels a Russian Over Spy Case Ukrainian Outshines Kerrigan for Gold 

pm#-. • ws wiH take itqtrickly,” Mr. Clinton said at a ^ * 

The United Skates- ondered feeexptzfaioa 
of a. Russian diplomat Friday after Moscow 
failed to vrithmiw tint voluntarily in fee 
CIA espionage case. Tins was reported by 
fee grata Department after President BiS 
Clinton said fee Umied States had made it 
clear to Moscow whatit should dp. “If they 
do not do feat, then we will rake action and 

In Other Mews ■" . ; - -V- 

- • 'The Rusaana had failed to act on an 

- beSeved to^beTVnssian intelfigenoe^agmt 
who supervised Aldrich Hazed Ames, a CIA 
official who .was charged this week with 
spying foe Russia. (F&ge 3) . 

' Britain on Friday attempted to head off -a fees ftom government contracts, -saying it 
trade boycott by Malsysiatfcai fathreansn- was feck of British press allegations of offi- 
ing contracts worfe bifSons of dollars. dal co m tp tio n and of a EaL between aid 

Nlalaysia earlier banned British cotnpa- donations an&anannsdeaL (Page 5) 

Bond Futures Plunge In Germany and France 

German and French government bond . brought further instability as. fee dollar 
futures plunged in heavy trading on Friday 1 fejpped to 104.700 yen in late trading on 
as ihe European sefl-offm bonds continued. Friday, compared with'. 1(X900 yen on 
Mom white, tensions on currency: mattes Thursday. (Page 9). * 

Jtoofc Review. 

PageS. Crossword 

Plage S. 

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Arilrtiesi^.ATJSO FF Morocco. 

envts y , rs mm Reunion .... 11 - 20 FF 

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nraryCacaa J.i»CFA,xW*»V-.T.L. l£tt» 

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Lebanon ...US5140 U.S. MB. (Eur.)Sl.lO 







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gjaug doa* 
1 . 71 S 9 
1 . 48 S 
. 104.90 

• By Ian Thomsen 

International HeraU Tribune 

HAMAR — Nancy Kerrigan, fee 24-year- 
fed American whose knee was dubbed last 
month by a rival's camp, was beaten to fee 
Olympic figure-skating gold medal Friday 
night by a 16-year-old Ukrainian shaped by 
more tragedy than Kerrigan has ever known. 

There had been a sense that the sensational 
assault upon Kerrigan would deliver her first 
major international championship, but the 
story told by Oksana Band’s free program 
.was ultimately more compeHmg. She tola it in 

.was ultimately more conrpeffing. She toldit in 
four minutes, with eyes forever threatening to 
well over and a smfle always one blink from 

well ova and a smue always one blink from 

' Behind Baiul and Kerrigan, the bronze 
medal went to 1 7-year-old Lu Chen of China, 
who exchanged places wife Suiya Bonaly of 
France following a disastrous performance 
by fee four-time European champion. For- 
mer professional Kaianna Witt, fee 1984 and 
. 7988 Olympic champion, finished a disap- 
pointing seventh, one place ahead of the self- 
destructive Tonya Harding, whose first at- 
tempt at her long program sent her off the ice 
in tears. 

Baiul. fee 1993 world champion, made fee 
night hers in the manner triray anticipated 
for Kerrigan, who stood first Wednesday 
after fee teduucalprogram, worth one- third 
of the total seme. Tire vote was dose, howev- 
er, with Baiul and Kerrigan spiriting the 
judges' first-place votes, 5-4. 

But fee least of Band's problems faintly 
resembled Kerrigan’s. During practice 

• See SKATE, Page 22 


H '• - * 

km Lmpa/Raam 

ton u rafCT /ttanm 

Tonya Hanfing staring her skate to referees after stopping 45 seconds into her free- 
skate program; fee judges allowed a delay, tat sbt only managed to finish eighth. 

Hot Asia Market 
Pits Competitors 
For Arms Sales 

By Michael Richardson 

International Herald Tribune 

SINGAPORE — U.S. and European arms 
makers, hit by falling military budgets and 
slack sales at home, are preparing for an intense 
bout of competition in fee Asia-Pacific region 
— fee only part of fee world where defense 
purchases are growing strongly. 

Industry officials and analysts attending an 
Asian aerospace show feat ends Sunday say the 
battle will do much to determine which sectors 
of fee Western military-industrial complex are 
to survive into the 21st century. 

To keep production lines open and bold 
down costs, “the U.S. defense industry will 
have to pursue export markets as never before,” 
said Joel L. Johnson, vice president for interna- 
tional affairs of the U.S. Aerospace Industries 

He said that competition for export sales 
wife Europe, including Russia, would “involve 
higher stakes, and hence tougher tactics by both 
companies and their parent governments, than 
anything we have seat to date.” 

The United States now accounts for more 
than SO percent of the world’s trade in arms, 
followed by Britain wife a 20 percent share and 
fees France. 

However, the value of global trade in weap- 
ons is estimated to have shrunk steadily to 
under $30 biOion Iasi year, from more than 550 
billion a decade ago. 

Many Western arms makers are looking to 
the Asia-Pacific to sustain future sales. 

Gareth CC. Chang, president and chief exec- 
See ASIA, Page 4 

• t - 

. tyrfihri r 



Russia Adds 300 to UN Peacekeeping Force 

New Doubts 

Reuters • -. -™--; 

MOSCOW — The Russian legis- ■' ' * 'I 

lature, eager to promote a stronger .. . 
international role Tor Moscow, vot- 
ed Friday to send 300 additional 
soldiers to the former Yugoslavia 
under United Nations auspices. 

The legislature’s upper chamber, * ■ 

the Federation Council, voted, 1 18 f % -jfi 
to 2 , to send the troops in response 
to an appeal from President Boris 
N. Yeltsin, who stressed Russia’s 
“special role" in settling the Bosni- 
an crisis. } 

"This will symbolize Russia's 
growing central role in a Bosnian 
settlement,” Moscow’s senior ne- 
gotiator on former Yugoslavia, Vi- 
tali I. Churkin, told the deputies. 

The resolution mentioned only i 
Sarajevo, but Mr. Churkin said af- 
ter the vote that some of the troops 
would be sent to reinforce a Rus- l . ''ft 
sian battalion in Croatia. The bat- ? 

talion sent <100 peacekeepers to the V q ~ t »: 

Bosnian capital last weekend l \ j 3 ■ ■ 

Mr. Yeltsin said Russia was re- 
spending to a request by the UN 
secretary-general and “insistent ap- 
peals” from the leaders of Yugosla- 
via and the Bosnian Serbs. 

The parliamentary resolution am 
also urged the president and Rus- 
sian Foreign Ministry to step up _ 
efforts to settle the Bosnian crisis 
through peaceful means. UN troops on Friday Mocking s 

■ Muslim-Croatian Truce 

M uslim and Croatian fighters -w-f -jr T m • 

continued shooting in central Bos- m I 

nia on Friday despite a cease-fire M-J R_/ Ksm/m %A/W/i 
signed by iheir commanders, but n 

UN officials said the violations "Y font buerk 

were not significant, news agencies n Z vU TrU 

reported from Viiez, Bosnia. BRUSSELS — The Europeat 

The cease-fire, an attempt by the gonauons starting this weeken 

United Nations to build on a sue- four new members, intended to 

cessful truce in Sarajevo, began at ropean unity, instead risks wider 

noon after fierce fi ghting (fining between the bloc's southern s 

the previous 24 hours. mraibers. 

In Vitez, the central town of the Fearful that the addition of / 
contested Lasva Valley, where the way, Sweden and Finland will 

Muslims have 65,000 Croats sur- influence and shift the Union’ 

rounded, the United Nations re- power 10 die north, Mediierram 

ported 24 violations — mostly led by Spain and France have hi 

small- arms fire — in the first two bargaining postures, 

hours of the agreement. One senior French official c 

. _ __ . , negotiators for compromising i 

In northwn Bosnia, mne Damsh nS an early MardS dS 

uuta on Friday reached the be- 12 membcre ^ ^ 

attempt to extend common ded 
help the United Nations open the ^ ^ divisions 

town’s strategjc mrpo^ witness S Y^viTshS; 

saidThe tanks were (Wayed for ^ weakening of the acquis 
almost five months, first m Bel- ^ 1 theoblig^ionsof Umon 

- to pull in new member* couli 
ofSpht, before reaching the Serb- t0 ^ bloc ’ s hopes of deepen 

besi^ed town. integration, he said. 

t . 1 ^ 0 ^! 013 ad^mj^rapoasaid Europe’s stance, this official 
Thursdaythat u wodd be host to be, “Yw take iu all tbe better. Y< 

talks m Washington this weekend loo 

on aUS.-backed pace initiative Bul ^ ^ ^ 

for Boana that would unite Jose ^ ofGd ^ ^ ^ ^ 

parts of the oounmr held byMus- ^ four applicants as inerely th< 

Inns with those bdd by Croats. ^ 00 g^. 

The goal of the initiative is to reach to the countries of Central 

avoid a three-way partition of Bos- Europe. 
nm-Herzegovma along ethnic and if the talks fail because of Fret 
religious hnes. It is intended to ere- ^ iatiansi ^ acet ^ & 

ate an independent state crftf Ira* Union ^Sfisfaly concentrating 

the Mushms andCroai^who woe Gam}m ^ 

allies against Bosnian Serbian na- 
ti on alis is in the first stage of the 
civil war. which began nearly two 

^The’ob^ous gap in the plan as it ttffllTTl -1VI 

is now conceived is that it does not 

deal concretely with the Serbs, who _ D 

control more than 70 percent of rertez 

Bosnia's territory and would not New York T,ma S€rn a 

have much reason to accept such a OSTROV, Czech Republic — In 

proposal without further induce- a severe Stalin-era hall in this grim 

ment (Reuters, NYT) industrial town near the German 

For Russian 

CarpHedty Our Staff Fran Dapatdia 
" MOSCOW — Contaapn. sor- 

Icaders of the October : 1993 revolt 
who were voted an amnesty by the 
Russian paxfiaroent. ■ • ■ 

The hard-liners who battled. 
President Boris N.Ydtsm in Octo- 
ber could be released from prison 
as early as Saturday under the am- 

But one of their defense lawyers 

said be feared the Yeltsin admnw* 
nation would oy to block the am- 
nesty or delay its incrementation. 

Georgi Satarov, an aide w Mr. 
Yeltsin, said the president was 
drafting a written reply to th« State 
Duma’s resolution, approved 
Wednesday, to free the revolllead- 
ers along with those accused of 
masterminding the 1991 coup at-' 
tenrot asainst the Soviet leader,. 


UN troops on Friday Mocking a group of Seths protesting the closure of a river crossing point near the Bosman-Croatian bonier. 

EU Strains Show on Northern Growth 

By Tom Buerkle 

International Herald Tribune 

BRUSSELS — The European Union's ne- 
gotiations starting this weekend to take in 
four new members, intended to reinforce Eu- 
ropean unity, instead risks widening divisions 
between the bloc's southern ana northern 

Fearful that the addition of Austria, Nor- 
way, Sweden and Finland will dihue tbeir 
influence and shift the Union's balance of 
power to the north, Mediterranean coon tries 
led by Spain and France have hardened their 
bargaining postures. 

One senior French official criticized EU 
negotiators for compromising too much to 
meet an early March deadline; The existing 
12 members already are floundering in their 
attempt to extend common decision-making 
to foreign policy, as the divisions over the war 
in the former Yugoslavia show, he said. 

Any weakening of the acquis comrmmau- 
taire — the obligations of Union membership 
— to pull in new members could prove fatal 
to the bloc's hopes of deepening political 
integration, be said. 

Europe’s stance, this official said, should 
be, "You take it, all the better. You don’t take 
it, too bad." 

But such hard-line talk is r ankling to Ger- 
man officials. Bonn regards membership for 
the four applicants as merely the down pay- 
ment on its real goal: extending the Union's 
reach to the countries of Central and Eastern 

If the talks fail because of French or Span- 
ish intransigence, that would show that the 
Union is "selfishly concentrating an itself,” a 
German diplomat said. “The Germans will 

gel the message that tbe Union is not interest- 
ed in taking care of Eastern Europe, and that 
will have major repercussions for the German 
attitude toward the Union.” 

Illustrative of the split is Spain’s demand 
— supported by Britain — to maintain exist- 
ing voting rules, which among other combi- 
nations allow Spain, Italy and Greece to act 
together to block major initiatives. That is 
vital, "especially in a Community that is 
moving toward the north,” a Spanish diplo- 
mat said- 

But that sort of otive-oQ bloc “is a recipe 
for disaster.” said tbe German official, who 
backed an increase in the votes needed to 
block action. “The bigger the Union gets the 
easier it must be to achieve a qualified major- 
ity ” be said. 

Despite the divisions, there were optimistic 
sign* ahead of tbe talks, which start Saturday 
and are likely to run through Tuesday. 

EU officials agreed earlier this week to 
extend roughly 200 million European curren- 
cy units a year of aid for Austria’s depressed 
easternmost province and tbe far northern 
regions of the Scandinavian countries. There 
were also signs of compromises to align tbe 
four countries’ sky-high farm prices with EU 
levels and overturn Vienna's ban on foreign- 
ers owning vacation homes in the Austrian 

Still, diplomats said the only strong bets to 
conclude a dial were Finland, which has 
grown even more eager for an EU anchor 
ance the victory of extreme nationalists In 
Russia in December, and Sweden. 

The biggest hurdle is Norway, where votas 
rejected a previous membership accord in 
1973 and where opposition remains high. To 

win a referendum later this year, Oslo insists 
it must defend its vital fishing industry. It is 
demanding to keep tight control over its fish- 
ing waters and obtain unrestricted access to 
EU markets for its catch. 

That won't do for Spam, however, which 
has the largest fishing fleet in the Union. It 
was banned from Norwegian waters in 1981 
and wants bade in. Madrid also wants restrict 
Norway from selling into tbeEU market fora 
period, just as Spam's sales are under a 15- 
year transition. Spain is supported strongly 
on the this by France, where fishermen rioted 
last month to protest a flood of imports. 

Austria's prospects hinge on its demand to 
maintain a paa with the union hunting truck 
traffic in the Tirol for 10 years. EU officials 
say the pact violates its tingle market and are 
insisting on phasing out the limits over three 
years, bat they concede that Vienna’s hand 
was strengthened when the Swiss voted last 
Sunday to ban foreign (rocks from transiting 
its territory. 

‘The EU knows that our entry referendum 
will only have a positive result if the transit 
treaty is kept," Austria's transport minister, 
Viktor Klima, said after the Swiss vote. 

Thai argument has led Germany to take 
the lead in urging its partners to compromise. 
Drivingtoo Hard a bargain in tbe negotia- 
tions mil lead to disaster if it leads to voters 
in the four applicant countries rqecting 
membership in referendums, the German of- 
ficial said. 

Although EU officials hope to conclude 
the talks by Tuesday, bargaining can contin- 
ue until March 10 and still leave enough time 
for tbe four countries to ratify the pacts and 
enter the Union by the Jan. 1 target date. 

-The tone will be calm-arid busi- 
nesslike” Mr. Satarov was quoted 
by Interfax news agency as saying 
of the letter. He gave no farther 

The amnesty is supposed to take 
effect as soon as it is published. The 
Duma chairman, Ivan Rybkin, said 
the text would appear in Saturday's 
edition of the government newspa- 
per Rossfiskaya Gazeta. 

Abdul M. Khamzayey, lawyer 
for one of the imprisoned hard- 
liners, Stanislav Terckbov,said ho 
believed the prisoners “should be 
released immediately” after, the 
amnesty ' declaration was pub- 

But it is “vesy anHkefy” thatwifll 
happen, he said. The Ydtsin ad- 
ministration, he added, "is trying, 
to drag this ouC* 

The amnesty coukl set free Mr. 
Yeltsin’s fiercest political oppo- 
nents, who led a, revolt five months 
ago that tinned the capital into a 
battle zone; It also applies to orga- 
nizers of a May Day riot and to 
thousands of other people convict- 
ed for unrelated offenses. 

Under the constitution, parlia- 
ment has the right to proclaim an 
amnesty, but Ychtin aides have 
said that the president could over- 
ride the dedsKm by resorting to an 
extraordinary measure such as a 
direct veto or issuing a decree an- 
nulling the move. 

Prosecutor General Alexei Ka- 
Tannik formally received the mea- 
sure on Friday. He has said that as 
soon as the document is published 
he wQl drop criminal charges 
against any defendants who agree 
to accept the amnesty. 

(AFP, AP) 

Reform-Minded Czech’s Popularity Bucks Trend 

By Jane Perlez 

New York Times Service 

OSTROV, Czech Republic — In 


border, a standing-room crowd has 
gathered to bear one of Eastern 
Europe’s most durable post-Co m- 
munist leaders, a silver-haired man 
with a mustache in a dark mauve 
suit whose plain talk and personal 
asides are unusual in a region 
where many politicians have been 
reluctant to explain themselves. 

The speaker, Vadav Klaus, the 
52-year-old prime minister and a 
conservative economist, has been 
making these expeditions outside 
the capita] for some lime. His gift 
for communication has helped 
make him one of the most popular 
political figures in the Czech Re- 

Mr. Klaus calls the meetings part 
of his “permanent campaign." 

In Poland last year. Prime Minis- first post-Commuzust finance min- g 2d Slovak Official Quite 
ter Hanna Sucbocka, whose eco- ister and tbe prime minister since ,. •• • 

nomic views are similar to Mr. 1992 — holds most of the power. Swam s deputy prime mma- 
Klaus's, was forced out of office by The 1993 Czech Constitution ^r» Roman Kovac, r^ned Fn- 
fonner Communists. scaled back the poatiou of presi- “y. Reuters reported from Bratt 

In Hungary, the support for dent to one of moral arbiter and Slav?- He was the second semes 
Prime MiuKlozscfAntaJl was at national standard-bearer. ’ minister to leave tbe govemment m 
a low point before his death last - Mr hjl5 ESwBrtflSJKSSSl. CfflE 

2d Slovak Official Quite 

Slovakia’s deputy prime minis- 
ter, Roman Kovac, resigned Fri- 
day, Reuters reported from Brati- 
slava. He was die second senior 

. , something to brag about. Unem- mir Meciar. 

These failuies have^not escaped payment is 3.5 percent, conpared 
Mr. Klaus, who held th ree meeting? with 15-8 percent in Poland. The Foreign Minis ter Jozef Moravcik 
like the one m Crstixrv every month inflation rate, at 18 percent, was resigned an Thursday. The two erf- 
last year and will do more, he said, Qje lowest in the region last year. Goals quit two weeks after leading 
“ 1994- Exports to Western Europe rose 16 a breakaway by a faction of Mr. 

Mr. Have! also gives a weekly percent, and the country ended Meriar’s governing Movement for 

two days after protracted public 
For the moment, Mr. Klaus has battles with Prime Minister Vladi- 

n Minister Jozef Moravcik 
on Thursday. The two erf- 


Greece PressesMacedonia Embargo 

ATHENS (Reuters) — Prune Munster mocu r 
letter to the president of the European Gog HmsstOB . J 
pfjdny ar guing that a trade cflibariBO on thefOrtflCT Yb 

Macedonia was not OfegaL - .. . - ' • 

The "government spokesman, Evangoos veruzetos, 
dreou wrote that the embargo was a pchtical niovcau: 

■ «, ■ LiUfa. iMnwKimvnrinr 

strid Mr. ftpjfo: 

He said the rabargo will be “ tin mediately lifted when Skogjef&Qpg . 

_ ■ »«« ' 1 p ’ *i * > n’rannflB rn tkllt TlTF* 1‘llfl ftlPli jfrnfaa' 

UW 111 OittJ uv aw-**** . U . . ■ i , : 

dialogue.” On Tuesday. Mr. Deters wrote to the Greek kader 
that Athens take utgeoi .steps tp end its embaigo agamst 

Irish Court Frees Mmi Soi^i m U^ 

DUBLIN (Reuters) — A COTrtiiwd Joseph Magee ozur^^pao^ 
ine his re peal against a British extradition mqpzst over the 1992 kflfingof 
an army .sergeartt in England. Thejudge rated th at tte efieay was-a- 

political erne for which N*r. Magee, 27, could not be extradited under the 

constitution, i ." 1 . .• m [ m m - \ L . 

Observers said the nine wits likely to siram relations between Britain 
and Ireland, wboarc pursuing a joint peace ixndatxvtmNOftpem hdanfi 

The police in Derby, where the sergeant was IriBed^ -issued. a: tette/ 
statement saying the decision was ‘extronely dlsappocittmg but refused 
to comment farther. . V "! 

MANAMA,' Bahrain (Renters) — The remainder of Irao's chemical 
weapons arsenal should be destroyed in about a month, but Iraqi EaBnte 
to proride enough, equipment and makers has storol the process,'^ 
Umted Nations official said Friday.. 

*T beEeve that the end is near, and that my successor can say lo the ■ 
world that the lastcfaemtcal weapons in Iraq have been destroyed," Cess 
Wolterbeek, head of the Utm^^^^Q^ucafD^uctiOT^i^ 

MOSCOW (Reuters) —Authorities in St. Feta^aug haveih waned an, 
attack on the city’s mayor, Anatoli A; Sdidiafcaa anti^tenOTStoffiatf •. 
said Friday, . . . 

The cmaaL Alexander Kuznetsov, said that fivejpecjde were anested# 
on Feb. 2, according to tfaeTta^-Tass press ageacy. He said the mea^ were : 
armed, but he gave no details of the planned attack. He said- the men hid . 
taken part in tl i October uprising in Moscow against President Boris N. 
Y ritsm. ' ' ' . 

Mr. Sobchak, a uni versity law professor, rose fo prominence ask 
xefonnist member of the Soviet legislature when MikhailS. Gorbachev 
was presuhait. He played a mmor role in defuring the crisis in his oty 
daring die atten^rted coup ^anst Mr. <3orbacfaev in August 1991. 

- GENEVA (Reatas) — The United Nations on Friday suspended 
peace talks betweea the fanner Sovkt Georgia and the rebd n*jou pf 
Abkhazia, «rfi«dnlmg the next meeting for Match 7 in New Yodc. A 
spokeswoman said both sides had agreed to attend the meeting; whidi 
oranddes with a deadfine set by the Security Council for dear sigpS of 
smne progress on an accord. . . . , ... 

Tbe decision was made lifter negotiators failed to finalize texri^if 
agreements mi the status of Abkhazia and on the return of what tbe-UN 
says are some.250,000 Geosjoan refngees who Bed fitting in the Black 
Sea region last year. The UN said that 90 percent of the texts hadh^jL 
agreedbut tiut “scanediffictdties remam." s 

SEOUL (Reuters) — South Korea . has decided to relax a ban oji 
Japanese culture m place smoe^Worid War Q, the Culture and Sports 
Ministry said Friday. . 

“Our basic position is that we wifi relax tiws ban,” an official said. ‘T&jt 
at the moment we don't know how and when we plan to-do it”," 

Seoul and Tokyo normalized ties in 1965, but butter sentiments Eager 
in the mmtiit of Soutii Koreans over Japan's brutal 1910-45 occupation. 
At theend of tiie-wai; ScutoKoreabaiiaedmgxjrttMjapanescnwviesi 
books, records aml odier. amoral , work deqned “top Japanese,. ;ipgi 
hapnafitr* to Korean youtit. -■ . t -;i r 

HANOI JReutiera) -r Vietnam^ and Qrina have agreed to. duicius - - 
territorial msputes, mduding their border- and mutual claims to .the 
Paracd and Spia%Isiat^mtite.SDndi<i^Se^asenjOTytttB«mAe 
offirial said radiy. *' * ? i *•. 

expressed the desire to solve these problems thrbn^in^otiations,’’«pd 

Vianam and China have border problems on land, m the Tonkin Gift 
where there was ho boandary deuncation, and over the Paracels and 
Spratiys. “We have agreed with China to conduct negotiations on aft 
these problems,’' Mr. Khoan said. .. 

radio chat but Mr. Klaus — the 1993 with a budget surplus. 

a Democratic Slovakia. 


. . . 

Bomb Threat Diverts Belgian Trains 

BRUSSELS (AP) — Police dosedxnqortram stations in three Bdgiaa. 
cxties_ Friday and anetgeucy. forces were placed an alert after a bomb 

'urilHiilA' ' 1 ■ » 

Major’s U,S, Visit Aims at Closer Ties 

said, a way of keeping hi m self in J 

~ /J?. /$><&/ 

he said, a way of keeping himself in 
front of the voters. 

He is so good at it that as tbe star 
of another skilled communicator — 
the philosophical president, Vadav 
Havel — loses some of its glow at 
home, that of the pragmatic Mr. 
Klaus has brightened. 

Mr. Klaus makes the same pilch 
at each stop, arguing that the pain 
of the transition to capitalism wiD 
eventually translate into gain*- 
Mr. Klaus is the only leader in 
Eastern Europe who has unabash- 
edly embraced market reforms and 
has seen his popularity rise. 

bachelors • masters ■ dqctorjue 

Far Wort, Ub ud Antonie 
Exportnca • Ha daettaam 

W (310)471-0306 
FAX; (310)471-6456 

Cad nr mroe far k tanuft an 
« sens atta in nam lor Frew Enfcadoa 

Pacific Western University 

BOO N SepufcsdJ Bins Dept 23 

By Richard W. Stevenson administration's decision mHiw this month to grant a 

New York Times Service visa to Gerry Adams, the head of Sfrm Fan, the 

LONDON — Having found himself uncharacteris- political wing erf the Irish Republican Army, 
tically at odds with the United States in the last year But for British- American relations, the real import 

over issues such as Northern Ireland and Bosnia, of the visit may be the dear effort by Mr. Ctinton to 
Prime Minister John Major win arrive in Washington show that be is interested in improving his ties to Mr. 
late Sunday for a two-day visit designed in part to beh) Major, if not to ease British fears that tbe mueb- 
him forge a closer relationship with President Bill, vaunted “pedal relationship” has come to an end 
Clinton. with the reshuffling of priorities after the end of the 

Mr. Major is to meet with a variety of top admmis- Gold War. 

(ration officials, including Vice President AJ Gore and Mr. Major was widely seen as having gpt off to a 
Secretary of State Warren M. Christopher. But the bad start with Mr. Clinton, having angered hhn even 
central event is an excursion, planned by the White hwfnra thf p residential elertiiw Ky aTVwnn g nrivr -y ry to 

House to inject an un usually personal dement into the his Conservative Party to assist the Republicans dur- 
risii, to meetup with Mr. CEmon in Pittsburgh, where mg the campaig n Tboo* problems ware mm p ^nnfWj 
1 Mr. Major's grandfather and father lived for a time when tire British government reportedly agreed to 
[ near the end of the 19th century. search its files to see whether Mr. Clinton, while a 

! During tire time he pends with Mr. Clinton — student at Oxford and an active protester against tire 
which will also include a flight back to Washington Vietnam War in the 1 1960s, had sought to mange his 
i from Pittsburgh cm Air Force One and an overnight nationality, 
stay Monday at tbe White House — Mr. Major is Last year there were sharp policy differences be- 
expected to discuss forging a common approach with tween the nations over Bosnia. Britain, which has 
the United States to consolidating tbe tentative steps several thousands troops on tire ground there, str ongly 
toward peace in Bosnia- Herzegovina. opposed tire administration’s desire to lift the wmn«; 

He is also expected to seek from Mr. Clinton anolh- embargo on the Bosnian Muslims and use air strikes 
er public statement of support for tire joint effort against tbe Serbs. More recently, however, both na- 

Det ween Britain and Ireland to brine n«m» rn Ninrrh- rionr aimnrtAf rhn rhwmt nf vatu an - 

Hundreds of . p asse n ge r s were evacuated from tire Central Station la 
Brussels and trains were diverted, radio reports said. Evacuations also 
took place at the main stations in Ghent and L&ge, tire RTBF radi^ 
network reported. Some train services were dismgtted and- the -stale 
railroad company planned buses as an alternative; - 
It was not mmiafciely clear who had made the bomb threat, which, tire 
national news agency Beiga said had beta delivered ia a tetter m-dre 
Interior Ministry. The pohee said the threat apparendyhad been madeh^ 

had been (hat ETA was % -./• | 

Some people to Rmoania are dewtag recently Baaed bank nebs 6 n a 
bet, to see if they can r emo ve a anti-forgery strip without 

dam a gi ng the pmxx. The process laidars the currency worthless, tire 
Bucharest daily EveamrentutSSlei reported - . {AP} 

re main s imobrtam because of proWems iuvcrfving t r am engmes and 
carriages designed' to take bea^y tracks, raid life Eurotunnel duinnarc 
AnthtBfenanL . . . \ .(AFT^ 

Ethiopia dtabsed flic general manager of Its natioBai ahfine, Captain 
Zeleke Demise, and 30 omer enqiteyees, and named Ahmed. KeBiow, a 
management and GnanceroecmHst, a& the new general manager. Defcnsi 
Minister Siye Abracba, duunnan <rf the board. <rf Ethiopiari Airlines, 

percent of its market to.LuftmaraiGecmBn Awtinet, xg hirfi hay thre^ . 
sched u led international flights to Addis Ababa a week. : . ;V "(Reuters} 
Vietnam Airifoo e tofease'twAkbos A : 320s fioffl A&Fraiibe to me^ 
an expected 40 percent rise iu passen^ni in tbenext year, the company 
said Friday. It bas been replacing itsfindof Soviet planes. . (AFP} 

'Tokyo ain? rf dosed a imway for as hour Frid^ aftor tires on a 

With MCI CALL USA and MCI WORLD REACH services, 
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» reach around the world, use your MO Card or call catted 0 Just select the number the country .tau’recallire ftonvAn-Enefisks 
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Saudi Arabia' ■ WOO-lt 
SJoiwfc Rap 00-424)£>6»t2 

Lebanon 425-036 

800-MQ (300-624) Spaln“. . . ! . . .'90^99K1OM 



Mexwft 95-800-674-7000 Switzerland ..155-0222 .- 
Netherlands 06*-C02^-22 Turkey’ ’ ‘9S-800M177 - 

Norway . 050-12912 .JiAE : " 

Peru? 001-190 United King* 

Poland 0*ffl- 04-800-222 - Uraguar - • 

Portug^ 05-0174234 " . Vfenezbda+. 

-AJAE i ; «xwn- .. 
UnhEd Kingdom 0800-89-0222 
Uraguv- ■ . - 000*4Q ; - 

Venemda*. . 8004D4-Q ... 

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tough getting Tom off the phone. 

■Councry-aoKouniry c^i^may nor QeaKjime to Atom all MQ CALL USA locations Certain restrictions app^l ‘WakforseaM(^mKtMaitak^fimiTiwBB{)rck>K.' 
’When dang o utage o< Cam daitPhrsi wwidofingoutstdeof Lima, the access nunSKfis Bft njnktedasaabflRy "Cfltea^asuuAii^'-'. - ' 
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— mnivsinni^ FF.RBMARY 26-27, 1994 

v. ‘ {TTS-TT: sfrE!:’. 

xsg; i-TEEl 
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pLL_ p . t 
l iSL '--. J-J.. ■ . 

Sssz: ^s£ v ii! 

Page 3 

We Spy* You Spy, Russia Reminds U.S. 

r JTV 7 M. */ . . . 11SIt5s rial, 'also quoted by Interfax, accuse 

i u^i inf/>mwnon 111 LDC U.j. J* ij . . . p .r M hLTirvnfi^l fi 

^ ^£ri£W the to warn- 

lower QinuciB?r*Ksb^d,tpsop- 

wSHWC3T0N:-TbeUn^ . 
Siai« exi^as^iar 

U* ^■& C SS- .^m^e ^effort to W the 
after rS-S straggle for refonn to 

hun vohmtanly m the CIA »» ,. JBESJmocH?.- .;■■ ^ ilU 

case. ;■. V:- ■■' - \ u,£r '.' fi e stressed that irswi « *ne 

The Stale Jfcfcartment spoke* ^ ^ Rag^goes us igman- 

tfonnclear weapons anii to privau- 

mnk Mflte MoCSm, »* ffie-g- ^ »»««.««- ~ r - - 
iwMVAbMnder \Jtgg%S? SSeftorts S£r ttan to ,*e 
“in a postwa. to he rapo® 5 "?* TOmrnnent i ff^ f ’ - - ■ ^ 

for directing the 'e^wnagei at ■ (XBW && he wanted to 

.which Aktacfi HaM-Am« ? ,a'CI^ : ^ ^Ca^aaB a dance to aapa 

3C N^cCurry toaibed tbe sccmity iheemhas^s ^nicff u^[: sa yy, x& ^d^national -secunty 

team was&at ^the Ttossians . 

tdbe at leasftdW wbai wo™ 0 " 
law! given a chant* to 
“if ite* don’t, then ^ 0 what 
we dreuld do.“We wiD-do -that 

gQQH^ v? . i' f ,' » . • * 

Mr Clinton said that g- the 
charges gainst the An^«wpte 
. there was ^groficant 

damage toour national '££ZS£ 
^Shehad dk^d i m^“^: 
-tois “tog* to the fan hottam of 
this." • . ; . . 

By Margaret Shapiro 

WtahlngW it Part Sentce 

MOSCOW — Russia las “compromising ' r :« J _ offiaal’s lbU u»~. , , - _ 

materials" implicating some U.S. diplomats - ^ Washington that it, too. could f 

and their Roseau contacts in espionage artiv- embarrassing exposure, 

ity ra ; Moscow and toighi release dns ^ 
nation in the future, an official of theRus- 
sian Foreign Intelligence Service told the 
Interfax news agency Friday. . 

The unnamed official did not go into fur- 
ther details, but said that *>nder ceruun 
drenmstahces" the infonnanoa would be 
made public. Presumably those circum- 
stances would include the expulsion of a 
Russian diplomat in Washington mconnec- 
' tibb with this week’s arrest a senior CIA 
offidal on charges of spying for Rn^a. 

• “We dOD’tdo anythingm the Unned Slates 

| • that ibe Americans wouldnt do here, .me 
official said. “Americans are notsuipnsed 
when their closest allies — the Bnn 






^On Friday, a senior Foreipi MWany 

accused the 

Uri\ed Staus of bring “hsporitical" for ex- 

pressing such shock about Russian espionage 
when “U is well known that ihe Amencans 
are spending consicerabh more on midi>- 

genix—sp^ng in ordinarj' l^guage — than 

all other countries combined. . 

But a statemeni issued by the Foreign 
Ministrv aitcmpted to calm things d ° 
suggesting that the Ames mailer sbould be 
hailed diplomaiicaily — and not bv the 
intelligence agencies- . 

“In the United States and in R ®ff 1 ] * J* 
are circles that are not imeresied in the 
friendship of the two biggest P^J 5 ’ 
statement said They have grown notu^y 
more active" since tne Moscow sumMtmeet 
January at M LSS 

nnnTT -X.. ^« jsgug at Clinton Illi nois Trip 

bells at the Representative Dan 

Clinton's dw Hmsc WavTand Means Commutee. 

Rostenkowsku chairnun mminal in'vestigauon. 

who is the subject of a because Justice Department 

The issue is sensim e tor Ms. wno on whelher t0 seek an 

De n Sa^^S; “ "" 

whetherihe president’s^Bi^u^ Kud*^s?*^® 

™ MdBoris N- Yeltsin agr eed iha 1 
countries now have a “mature strategy part 
nership." it sa *‘^- 

expolaon of a Moscow: diph^ 1 
Komtite United States anocT’W. ' 

The United Stales eaqreUed.MTy 
Lysenko after the Russian govern- 
nint dedined to respond to ap- 
peals that ibact after the anesl.of 
ihe Ames couple. . ' . 

Mr. McCurry said Moscowtad 
formally: pfiotoswd *e eapulaon,. 
and sugges red uiat ft Rossi an ajunr 
termove would hot be a surhMe. 

jase “yery. seriously,” .he sai 

“This was an action we felt ®ppn>; 

• priate under the ckcumstmwes^ 
He said the United Stales did not 
■role out additional ^tions.__^ 

; At another pmnttetoi^T^J- 

are farces at work in Russia mat 
are inconsistent with reform. 

, Earlier -Friday, Preadoit Jffl. 
Clinton said the United States had 
made dear to Moscow whatitsre- 

KUll kuouwwt rr ,l. 

began a series ol 
State Department that ^»e take 
any damage done to the Russian- 
Ameocan partndslrip 
However, he said, ^ 
believe we have accumulate 
enough trust and; momeaiium. m 
this idktiohship tb sustan^^ ^any 


tione,” Mr. Clmtoh said. _ 
: Senator George Mitchell, Doto- 
crat of Mame, told reporters afwra 
Meeting of congceasiond leados 

Canton that a di^atioii 
from the Cerittar 


do IW Undersecretary 

nofL and with 3am« iCgtayjto 

oversees poficy for the former Sovt- 

“sSmMibers of O»gr»sof 

hoth parties"' were at the White 

^ESi returned to.Waihfflgtoa nate Ames case Aotdd n«rtm^ 

frtoav hesmd. " dfitsdtf caureadimigPjnoOTp™^ . : WASH t^gTON —T he board of tbeAnteri' 

F A^&Sl,5>eiking‘»“ n ‘ because there was a rew^t^ Retired Femons has decided 

n«»ntmcms — that our* canAssoaauon 

Jdr. Clmtoa spoke that 1 

-government had 

Sate action. Tbe offical, wthout 
Sling out some ™ 

jyatt several ,days. ; 

ata drug store 

in Nonricb, Connecfiaa, as he took to the road i 

The AmocuwI 

seQ las health care plan. 

EMedy Group Fails to Baek Health Plan^ 

w ™ ..nitmrwl health insurance, growui of Meoicarc ^ 

in ois Democratic r 
cred highly vulnerai 

M^Ren^Sction “inartful" but 
White House of , n 9 aJ f ‘^Sident or anvone at a lower ievri that 
said she had not advised tbe p^ n ^° ^dme under federal 
she believed presidenual support 01 a 

investigation was . appearance with Mr. Rosienkow- 

Mr. Clinton said Fndaj ^S^^d that the White House 

Rostenkowski. ^ Housc ^ no ethical problem 

Clinton advisers said thatdK aiding Mr. Rostenkow- 

in Mr. Clinton making Sdth care events, not direct 

ski. The two are loappear a tenme znajn ^ Rosimkcw- 

campaign events. But the dew ,, ^ re-elected because his 

ski's^niMi W^shtag 1011 — ^ 

st.jsem ii ssffl {> 

5- anel BactePhawdCutehL WoBarJAW 


-“* “ d ?0m8CS ' 

benefits would “f £ recipients apply in subsequent 

those 25 years old or younger. advanced one year, 

vears, the age bnm ^^““32 by the turn of the : cennuy 

■Jis2 5SSS5?S3f WSpf 4 from * e ^ 

after two years and r g^J°^^Son for several years, the 
After the system has** 1 1 “ e g*7 0 g^d the work require- 
administration oi enis, regardless of age. The proposal 

meat 10 all other wdfare J^f ^JStBUl Clinton, 
has not yet been a PP T ^^ d ^preposal would reduce the costs 
Administration oAVbto smd w. .P^ ^ ^ of the 

54 billion 10 S7biUion in the Fifth 0 hase-in would most 

SS£SS£^5SSS«-- ! a 

that range, officials said. 


Bv Robert Pear 
New Tat Time* Serdee 

Z. again unanimous - tnai our * canAs^^- — — ^ de - 

dgeafiss assasHs 

ennnse w uu . — , s. . 

rMriMiichdl said the wow* » 

interests,” Mr, hfitchdl said 

the sesaon. : . 

, Representative Thomas S. rmey 


.^Clinton hada^d £ 


it tlteS^s^^® 01 ^ Pjf 1 *** 
do^tovffits^Son members were 

4y surprised, 
not endorsed 

The coals include universal health insurance, g^’“ “ FzZL w help finance the presi- 

J5 ffiSSSteto dn. g ca™™ge -* » to doctors would b^l«s 

national program of long-term care. willing to see Medicare pauents if their 1 ees are 

The administration, in public and in private, . 

had souriit a mudi stronger show of support . >The plan makes a start on tam 

fttun the organization. An endorsement would , colun g C jty.i)jsed care, but it lea es 

™ TbMD to the White House after fjjancing. and if a slate was short 

,hm * be 00,hm8 s " 





D^^prerident,. Urvola. W. Burgess of ^ 

Albuquerque, New Mexico, said. SSnenMo* ne 'proposal Such indepen- 

"The Clinton plan is the nearest to what we “^TSU^iobbSsis mcreroora to maneuva 
are looking for. but it falls short in a «B*J ^ ^ ^ tol Hill, where the politics of health care 



\JS residents overseas to file their 1. * 120 ues m 57 

*?- — *■ 1RS 

T^Wormarion .boul U* 1MM 'gffg*SSE* 

\ «=} 


niands for suspending 
'Russia. At the aajnetomft.a s^r 
Russian official 

should not jolt Birotxg ties beiweoi 



Prom Politics 


suing the 

u> pay hisnwdical costs. 


, researdios sard. Tbe expen- 
1. ■ iSStogr' ChonAro»na- 
eon, promoted grow* ^ "** 
aruTiSijiis. said Ernst Him- 



as “tile strong 

jueprint to date for ad 

and most realistic 
our pals." 

We ars ‘concerned about the rinanang- 

wavs, we are — — ■ , ■ ,c_ 

We don’t know if the proposed cuts m the 

on Capitol Hill where t 
are continually in fiux. 

Ouote/ Unquote 

of the Senate Appropnanons Comnut ce, -! w 

posed balanced budget am ^ d °J en V. t up some stxallcd 
El it dead. There's ^.^S^^timtioit." (AP) 
compromise version and nailing it into u* 

Unusual Briefing in S&L Case 


. : By.Steb)iea Labatoa 

New York rums Smtee 

ing admisaion, the head ci * .Wend 
agency atarmning thefmhireaf m 
/Knsa& savings and Jean X tte 


.limnuiwo the in 1985, Madiscm was represent- 
Clintons, who are tinmedves the m > CTinton a state 
subject of the investigations. , cfl oy . , — -- 

. Republicans pointed to the 
briefing as evidence that the White 
House has been emtroffing mqm- 
ries into Madison andWhitewater. 

meeting was “thoroughly 
ly" and that it nndennmea Tne 
inedibility of the regulatory pro- 

“^Mothing could be ^ w be’fdlowiM m 

to sue the savings institution s ac- 
countants. , , « 

“rd describe it as a “heads op, 
Mr. Altman said of the masing. 
-That they should be aware of tbe 
internal processes and the tmaoi 
criteria" that the Resolution Trust 


CuUreboal 3. S. AmsterSain Info 02940- 
15316 or 0250W1399 


j NTM^^SKseHroa 


ALL ---: ■ 

^Cte9. AM «B welcome! CoB 

1 cm the 

L. harimSlritt the White . House 

x-riand. Tf it proves effecto* I the deputy .duef of sl^HaroWM. 


most common form of arthn- 


■1 I ^ 

six people ori a 

train JSSS3SS£ 

Su County, Long btatd.^ 


„ court said the re-. 

an attorney fw O^ 

fc«mson was prematuiB. n»- 

tJ^^AaSmy J. Fal^nga, . 

Smiited that Mr- Fer^istm 

could norrecave a far mal m 

Km’s chief of staff, • Margaret A. 

said hehad bMtoe 

mmsrial briefing to tifi the White 
House staffers toat^ aamute- 
don into M»fistai Guanmty tad 
beat running' op agpmst a statnte 

of fimitationsprobleni and that the 
agency -would.: decide soon on 

. iuft^CT iwS^roed byjmnes B. 

Cfinimt? panherstotoereal_Kme 
wnuzre, taown as Whitewater Do- 

tion Trust Corporanon 
arm’s ha«th frran botii the Execu- 
tive Branch and- from Congress. 
These are process i ssues tn at 
should be handled in appropriate 

‘^The Resolution Trust Corp^, 
which deans up failed savm^and 
loans, has been exanmnng whether 
to bring fraud charges against any 
executives or borrowers connected 

Trith -Madison, or 
- were any conflicts of mterest m- 


Mr. Altman did not tell the com- 
mittee what particulw asped m tec 

investigation he had diseused or 
what de 

, had been made. 

Training for Mood Woriters 

Washington Paa Service 

WASHINGTON — The Ameri- 
can Red Cross, whit* has been 

j*ia i 3 d apS3Ka 

handling techniques. 

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Worship Servee; 930 am &ndays. 





T^amHow end Sirtay Sdvri 

Nurser, Caie provided . ; 

WMsUvwh iHartachlngl. Germany. TeL. 

490964 91 eS. 










Tel. «I611. 30 6674. 


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bethel i^RN^nalbapt^t 

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V*xsrtp 11 am Tel. - . 03U61 32021. 



nHURCH OF BRUSSELS, Sunday School 

(irtUiiln,. IchoolJ. Tri.: 673.05.8’. 

Bus®. Tram 94. 



27 Farvwgade- Varw. near Rfc**- Study 
10:15 & Worship 1 1 30. TeL 318047B5. 


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weVereriw Srmda^WM^ S^^Ger- 

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Lumew churw^ R^^oid 

Crty. Murtstan Rd BngSshworeh^Sun. 9 
ajTtAlarewdcome T*: 102)281-049. 


AMSSCAN CHURCH In London « 79 Trt- 
Krrtiam a Rd Wl. Worshp « snO^J 

10 ro am. Suns worship al 11 am Goodge 

SL TUM: Tat 071-560 2791. 


UPOKHalUL UWaPafow^WBawor 
5^9+ 11 am SB. TeL: 1 43-3562 


American Lutheran Church. FrteneregL 15 
SS 8 Sunday School 10 am. 
TeL. (OE) 44 3584- 



11«1 am 65. QuertfOrsay. Paris TB ib 63 

a, door. Me*o AlmShMarceau or Imaldes. 


Swedish. Enghsh. or Korean. 

Sunday. Birger Jarlsg. al Kungstenag 
?7. 4^/08/ 15 12 25 * 727 lor more 



worship In English 1 V30, A M 
scrwl nurewy. rtemaiBnaL ^ 

K« welcome. Dorelheagasse 16. Vlannai 


Pn*sr*n Errishlan9JageexpHUlaie&.Sin- 

1 1 00 am tSepL-MayL 10 ami Lhme- 
Aug.). Sunday School SrSS (Sef*Atey) U_ 
Mtodowa 21 TeL 43^29-70. 


Brish speaking, worioha setvica. Sunday 
School 8 Nursery, Sundays 11 30 a.m.. 
Sch^HSigMSBZi Tfilr (01 > 2625525 . 

Arabs, Outraged, Call for Protection 

By Chris Hedges 

Nov York Tima Service 

CAIRO — Arab and Palestinian 
leaders expressed outrage, prom- 
ised revenge and called for calm 
following the massacre of Palestin- 
ian worshipers in the West Bank 
town of Hebron. 

Yasser Arafat, chairman of the 

Palestine Liberation Organization, 
said the killings could jeopardize 
the peace process and called his 
chief advisers for emergency talks 
in Tunis. 

But neither he nor his aides 
threatened to end the negotiations 
with Israel that are intended to lead 
to self-rule in the West Bank town 
of Jericho and the Gaza Strip, 

Rabin Vows to Seek Reconciliation 

Compiled by Our Staff From Duparcha 

JERUSALEM — Prime Minister Yitzhak Ra- 
bin said Friday that the massacre of Palestinians in 
Hebron would not prevent reconciliation between 
Israel and the Palestinians. 

"We will do everything necessary to advance the 
peace talks, to prevent misunderstandings, to re- 
move obstacles in the way’' of peace, he said. 

Mr. Rabin condemned the “loathsome criminal 
act of murder” committed by a Jewish settler in the 
occupied West Bank and urged “Jews and Arabs to 
show restraint and not to become involved in 
provocative acts.'* 

“The government and the people of Israel vigor- 
ously condemn this criminal and sickening act 
against innocent people as they prayed during the 
Ramadan fasL" be said. 

pledged to pursue peace. 
“If anyone thinks such 

Palestinian leaders, however, be stripped of their weapons so- 
called on Israel to disarm Jewish comnamed most condemnations of 
settlers and deploy United Nations the killings, 
forces in the occupied territories to “Jewish settlements constitute a 

protect residents. time bomb for the peace process,” 

“We are in need of the interna- Yasser Abed-Rabbo, a member of 
tional community to protect the die PLO Executive Committee, 
Palestinian people,” Mr. Arafat said at a news conference in Tunis, 
said NabQ Shaath, the chief Palestin- 

The demand dial Jewish sealers 


"This has always been my fear 
• 1 a g and I told this to General Amnon 

kVl ai In QilfYn Shahak,” he said in Cairo, 

’ill /l i it l ll UlA Genera] Shahak is the chief Is- 
, , „ , radi negotiator in the self-rule 

indolences to the families of talks. 

Palestinian people.” _ “The real obstacle to peace is 

the Israeli Army and security and always going to be the settlers, 
mi instructions to do all they Mr. Shaath said, 
ain public order and prevent “There i$ nothing more explo- 
1 bloodshed." sive. These people are armed to the 

lephoned the PLO c h air m a n , t eeih, in Hebron in particular. They 
ipologized. are the most extreme hate-mon- 

i minister, Shimon Peres, also gers.” 

ac& ... The PLO, calling, the attack 

such criminal acts will slow “butchery,” went on to lambaste 

iey are sorely mistaken,” he the Israeli Army, which it said, 

“protects these crimes and buteber- 
answer to the haio-mongers fes carried out by the settles.” 
sf* said Mr. Peres, one oF the The statement, issued in Tunis, 

■ SepL 13 autonomy deal with also condemned Israeli troops for 
ion Organization. stopping Palestinians who were 

(AFP . AP, Reuters) trying to go to hospitals to donate 

Mr. Rabin gave condolences to “the families of 
the victims and the Palestinian people.” 

He also said (hat the Israeli Army and security 
forces “have been given instructions to do all they 
legally can to maintain public order and prevent 
further incidents and bloodshed." 

Mr. Rabin also telephoned the PLO chairman, 
Yasser Arafat, and apologized. 

The Israeli foreign minister, Shimon Peres, also 

“If anyone thinks such cr iminal acts will slow 
the peace efforts, they are sorely mistaken,” he 

“Peace is the true answer to the hate-mongers 
and the sowers of grief.” said Mr. Peres, one of the 
chief architects of the SepL 13 autonomy deal with 
the Palestine Liberation Organization. 

(AFP. AP, Reuters) 

Killer Had f Emotional Crisis 9 

Immig rant From U.S. Was Disciple of Militant Rabbi 

Radical groups opposed to the 
peace process said they would cany 
out revenge attacks. 

“We vow to avenge the laHine 

U.S. Advisory 
On Europe and 
Mideast Visits . 


United States warned Ameri- 
cans traveling in Israel to stay 
out of East Jerusalem, the 
West Bank and the Gaza Strip 
after Friday’s fatal shooting of 
Arabs praying in a Hebron 

The Stale Department also 
advised Americans to exercise 
caution when traveling 
throughout the Middle East 
and Europe. 

“In light of the recent tragic 
deaths in Hebron and the vio- 
lence which has stemmed from 
those murders, the Depan- 
men t of State advises all 
American citarais to avoid 
travel in East Jerusalem, the 
West Bank and Gaza at this ' 
time,” the department said in 
a statement. 

A further statement 
warned: “Americans traveling 
throughout the Middle East 
and Europe should exercise 
special caution by bong par- 
ticularly aware of their sur- 
roundings, avoiding all crowds 
and demonstrations and main- 
taining a low profile.” 

« kMm 



A hosphtf worker in East Jerusalem making a list efvictnHS oHhe attack wtsiJiseqnqit riofia^ 

avenge the kilting PEACE: Complications to Talks Feared 

Washington Post Service 

HEBRON, Israeli-Occupied 
West Bank — When two Jewish 
settlers were gunned down by Is- 
lamic extremists near the Jewish 
settlement or Kiryat Arba one eve- 
ning last fall, the call went out 
immediately to a local emergency 
doctor, who rushed to the scene 
where Mordechai Lapid and his 
son Shalom lay mortally wounded. 

The doctor was Baruch Gold- 
stein, a graduate of the Albert Ein- 
stein Medical School at Yeshiva 
University in New York City, who 
had come to Israel in 1982 and 
settled in Kiryat Arba, an outpost 
of Jewish militancy just outside the 
Arab city of Hebron. 

According to those who knew 
Dr. Goldstein, the death of the La- 
pids sent the doctor into what one 
called an “emotional crisis.” 

Dr. Goldstein, believed to be 
about 40. a devout Jew with tradi- 
tional sdccurK was a disciple of 
Rabbi Meir Kahane. a militant 
who wanted to expel Arabs from 
Israel and the lerri lories it con- 
trolled. Rabbi Kahane was assassi- 
nated in New York in 1990, but his 
fierce nationalist views are promot- 
ed by several organizations here, 
including the largest one. Kach, 
whose leaden live m the small Jew- 
ish settlements nestled inside He- 
bron's Arab population. Dr. Gold- 
stein had been a member of Kadi, 
and once ran for the local council 
in Kiryat Arba under the Kadi 
banner of a clenched fist. 

Kach activists have long been a 
worrisome factor in the volatile at- 
mosphere of Hebron, where aimed 
Jewish settlers roam the streets in 
the heart of a Palestinian popula- 
tion that is more overtly Islamic 
than other towns in the West Bank. 
While several Kach leaders have 
been arrested. Israeli authorities 
have stopped short of a full-scale 
crackdown on Kach. As recently as 
two months ago, Kadi was operat- 
ing an armed road “patrol" while 
vowing to fight the peace accord 
between Israel and the Palestine 
Liberation Organization. 

Eh Lid Sprinzak, a Hebrew Uni- 
versity professor and expert on Is- 
rael's radical rightist groups, said 
the government has been tolerant 
of Kach and other militant Jewish 
nationalists. “They have been 
treated with kid gloves,” he said. 

After the killing s , colleagues dis- dared that they would never leave. Palestine and the Democratic 
covered a note from Dr. Goldstein Eventually the settlers were moved Front for the Liberation of Pales- 
in a mailbox at Kiryat Arba, ad- to a nearby military compound, tine said in a joint statement, 
dressed to the medical team with and then to a new Jewish city, Kir- The militant Islamic organ iza- 
which he had worked. “1 enjoyed yat Arba, next to Hebron. Years tion Hamas also promised revenge, 
working with you very much.” it later, the settlers returned again to Even moderate Arab oiganizar 
said. “May be it God’s will that you the center of Hebron to build new lions exprMse( j outrage and 
will have the privilege of serving schools and repossessed homes biamed Israe ji government 
the holy public faithfully. With Jews had abandoned in 1929 in the s 

love of Israel Dr. Baruch Gol- heart of the city, which now has an 

stein.” Dr. Goldstein was married Arab population of 100,000. ? ac ?f t 1°*“ ^ 

and the father of four. The charismatic and messianic “«?“*• said Esmat Ab f c r I l 

Dr. Goldstein was known for leaders of the settler movement in “* secretary-genend or the 
holding strongly anti-Arab views. Kiryat Arba became leaders in the Arat> Lea 8 ue - 
Last Nov. IS, he was interviewed drive during the 1 970s and 1980s to The Egyptian foreign minister, 
by Israel radio after a Jew was settle the West Bank. The settle- Amr Moussa, issued a tempered 
wounded while walking to the menl which now has a population response. 

Tomb of the Patriarchs. Dr. Gold- of 5,000. expanded across the hill- condemns ^ -sly in- 

stein complained that the govern- sides into a senes of shielded en- adml&al emphasizes the need to 
ment was not doing enough to pro- claves between Arab dive groves stan d up towtremism," he said, 
tect the settlers. He decried what he and fields. Unlie other settlers ^ch has inflicted many societies 
called “the abandonment or the wbocame to the W«t Bank stnctly tf different religions, poUdes and 
Jews here, and said it resembled for unproved quality of life, those lpaninOT « 
the methods “which helped the Na- who came to Kiryat Arba were of- 

and to punish the Israeli occupar 

lion forces and the Zionist set- . . 

tiers.” the radical Damascus-based Continued fr©s S 1 

Popular Front for the Liberation of and Prime Minister Yitzhak Rabin of Israel 
Palestine and the Democratic were tentatively scheduled to meet, resolve a. 
Front for the Liberation of Pales- few remaining areas of disagreement and sign 
tine said in a joint statement. (heir first set of accords that would begin the 
The militant Islamic oigamza- troop withdrawal from the West Bank town of 
tion Hamas also promised revenge. Jericho and the Gaza Strip. 

Even moderate Arab organize Now, however the an^mood amongPalM- 

tions expressed outragf^ ** ^ 

blamed the Israeli govemranL Arafat’s flexibility m the matters stffl m dis- 

The Israeli govnumem most pa ^ r legitimacy is already shaky 

accept total resa^fli tv f or tos among PalestiniaSm the occup ied teriitoriei 
incident, said Esmat Abdel Me- w jjo have grown increasingly disflluskmed with 
gmd, the secretary-general of the ^ fh-e-montb-okl t^saSd have criticized the 
Arab League. PLO leader for making too many concessions, 

Eventually the settlers were moved Front for the Liberation of Pales- 
to a nearby militar y compound, tine said in a joint statement, 
and then to a new Jewish city, Kir- The militant Islamic oigamza- 
yat Arba, next to Hebron. Years tion Hamas also promised revenge, 
later, the settlere returned again to Even moderate Arab organize 
the center of Hebron to build new 

later, me sernos reramec agam io Even moderate Arab organize 
the center of Hebron to build new lions exprMsed ou tr ag rand 
schools and repowessed homes blamed the Israeli government. 
Jews had abandoned in 1929 in the ^ _ 

heart of the city, which now has an 
Arab population of 100,000. &C “P | 

The charismatic and messianic tnt ?r e 
leaders of the settler movement in | u '~’ 
Kiryat Arba became leaders in the Arab 
drive during the 1970s and 1980s to The 
settle the West Bank. The settle- Amr 
meat, which now has a population respoi 
of 5,000, expanded across the hill- up- 
sides into a series of shielded en- 

blamed the Israeli government. 

“The Israeli government must 
accept total respoosibnitv for this 
incident,” said Esmat Abdel Me- 

■j / T r w UK urc-iuuuurviu uui 

AnibLea * ue - PLO leader for makmj 

The Egyptian foreign minister. Palestinians and other 

Amr Moussa, issued a tempered 

“Egypt condemns this grisly in- 
cident (hat em phasizes the need to 


daws betwem ^ ^ grora sta nd up to^tremism," he said, 
2" “which has inflicted many societies 

the methods “which helped the Na- 
zis during the second World War.” 
“The Nazis, er. the Arabs want 

ten strongly ideological, and the 
settlement offered a panoply of dif- 

Iran, which rqects any compro- 

Palestinian groups opposed to Mr. Arafat’s 
negotiations with the Israelis sought to portray 
the massacre as proof of the PLO’s foolhardi- 
ness. “The massacre is one of the fnrits of 
Arafat’s false peace," said Abu AH Mustafa, 
deprny leader of the Popular Front for the 
Liberation of Palestine: 

The Islamic fundamentalist movement Ha- 
mas, which has considerable following among 
Palestinians in the territories, said the “massa- 

to hurt all the Jews, those that ferent nationalist and religious fun- was “doubtless carried out with the 
live along the coast” in Tel Aviv, he dameataHst groups. backing of the military forces of the 

added. — DAVID HOFFMAN Zionist regime.” 

When the interviewer demurred. 

Dr. Goldstein went on, saying that n mtr i 

the media “gives rewards to those U lJOZ&IS MoSSOCred 

nillA Mill Ixnricli hlrwi 

nrise with Israel, said (he violence are ngafna the fimting worshippers is a slap to 

who spill Jewish blood. 

“We are sick of this and we will, 
God willing, set up a Jewish state 
and well know how to take care of 
them ourselves." 

Continued from Page 1 
huda Weinraub, denied witnesses’ 
reports that soldiers had stood by 
while the shooting took place. The 

Room S baked, a reporter for Ye- colonel said that soldiers stationed 
diot Ahronot, Israels largest mass- outside the entrance could not get 
circulation paper, said he had inter- in until afterward because of the 
viewed Dr. Goldstein several “pandemonium." 

months ago but never published 
the material because it was so ex- 

Vos army said the gunman got 
past guards by wearing an army 

The army poured extra troops 
into the occupied territories and 
clamped a curfew on Hebron, a rity 
of 50,000. It also sealed off the 
Gaza Strip and banned Palestin- 
ians under age 40 from entering 

The police fined rubber bullets 
and tear gas to disperse 120,000 
Arabs who massed on Temple 

all those who are negotiating with Israel” 

“It shows that peace with the Zionists is 
impossible,” it added. 

Another Arafat critic, Munir Maqdah, a 
guerrilla leader, urged the PLO leader “to com- 
mit suidde." 

They have the right to say those things said 
Said Kamel, PLO ambassador to Cairo, who 

supports the peace process, “Do you think we 
are going to protest their reaction?” he asked. 

Another Cairo-based PLO official who' had 
been dose to Mr. Arafat bot has grown disCQur 
armed with the PLO leadership said: 1*1 don’t 
know how Arafat vriflgtt'out of iu 

“Everyone is asking him to walk out of the 
negotiations," he said, adding: “The manis in a 
very bad position.” 

In his fast -reaction to the massacre, ML 
Arafat did not rule out a resumption of bis talks 
with the Israelis. But the PLO leader, who 
called his senior advisers foremergency meet- 
ings Friday in Turns, is attempting m the after- 
math of the killing s to extract measures he has 
long requested from the international commu- 
nity. ” 

“the problem is in the hands tead/’ said 
Mr. Kamel, the PLO ambassador to Caro. “It 
should withdraw the settlers and- the settle- 

The tragic irony of Friday’s killings will not 
be lost cm most Palestinians, who all know that 
the single biggest dispute that has plagued the 
IsrariB-Palestinui;; talks so far has been land's, 
insistence, citing “security concerns, bn fully 
controlling the border crossings of the Palestin- 
ian self-rule areas. 

Foreign Minister Amr Moussa of Egypt also 
suggested that “what happened this morning 
puts Jerusalem and the importance of puttiog it - 
on the agenda of negotiations so that the desti- 
ny of Jerusalem not become a victim of activi- 
ties by fnndamentafists; or mn ri nak or crazy 

Tat Aviv 


vfled West Bank • - 

: Bank has a population of 
mils and more than t mil Bon . 

WEST ' o) 

:* t S I 

: yv / 

Ra roal l af f^ \ 

otaraoU cffHM satBatnants 

■ The New Yoric-SStass . 

port to mowngup the volatile issue of Jerosar 
Uzn on tire peace talks agenda: Under the cur- 
rent framework of the ne gptiario ns, the final 

status oif Jerusalem is .not to he discussed nntZL . 
three years from now. - . - ; 



xlhy, sosttArab officials suggoted 
wifi also put ptf cssm c onthclsrac- 
fana same p r e ss u re cm the IsrittfiT- 

; comment appeared to lend ^yptransiq>- . stde^* said A senior Egyptian officuL 

HEBRON: Shrine Becomes Caldron of D^ath ut Worsl Killings Since ’67 

Continued from Page 1 

Lreme. Mr. Shaked recalled that Dr. uniform. 

Goldstein had told him that the Israeli radio said the gunman 
Arabs were Nazis and “it was nec- had changed ammuni tion cups sev- 

In Mnh iknn a W.nn " • '■ , , 

essary to teach them a lesson." 

Nahum Gross, a resident of Kir- 
yat Arba, said of Dr. Goldstein: 
“He did what he did out of belief, 
as revenge Tor the murder of Rabbi 
Kanabe. He said that the day 

Mount in Jerusalem. Hundreds of Jacob and tbdr wives, 
youths hurled rocks to the Western for centuries after Herod the 
Wall below. Witnesses said 10 Ar- Great build the fortress-like haram 
abs were wounded. in about 20 RCL the halls have 

^protesters been the object of conquest and 
had bren shot and wounded in the reverence for Jews, Muslims and 
Gaza Strip. Seven more were shot Christians. When fierce Arab riots 
Md wounded mJer.cho.whoe the Hebron and Palestine in 

and Jews. According to the Bible, Marmalukes after they conquered 
the Tomb of the Patriarchs is the Hebron in (he 13th century. 
baria) place of Abraham, Isaac and Shaban Ishwufla, 31, set out for 

through a small metal detector at weapon can . fire at a rate of np to gi^ airi wc wifl kiH theJews^Jie 
the foot erf a staircase built'by the 750 rounds a minute. riedined.. wfll not stand; tor : 
Marma lakes after they conquered “He_mnst have gone tiumi|h 10 fins." . . 1 C.. 

Hebron in the 13th century. magaziiies." said Basah Kha&fi, a, .- .Outride the hospitaL Israeli 

Shaban Hnrefla, 31, set out for witness. “He was shooting non- ^ ^ dispose the eriK* 

eral rimes, and the mosque guard, 
Mr. Abu Saleh, said the attacker 
also hurled three grenades. 

The gunman overpowered and 
killed by survivors. 

“He died of beatings,” said a 

i from his home stop.’ 

tional crowds. The troopa wexeM 

^POT cmumw after Herod the before dawn with his wife and son. The massacre quickly nrfhmed by rioneuiidopdiedfirekillmgai 

SlSiR mstteds were aowded with wor- passjonsmtheatyasthedeadand .Jea« three more Palestinians. 

. ra abojj 1 2 ?-®: C * , f the haDs have pipers, he recalled. Alotofpeo- wounded were brought rolocal. ' ^ ^ iWtVrc « . ^tui-i. . p. i : 
been the object of conquest and pie were going to the mosque, many- hospitak. Doctors appealed.toPalesti 

been the object of conquest and pie were going to the mosque, many 
reverence for Jews, MusHms and more th an usual,” he said. “But in 
Ghnstians. When fierce Arab riots recent days, the settlers have been. 

would come when be would avenge police spokesman. Eric Bar-Chen. 
his death, and now he has.” I rim said Dr. Goldstein had left a 

For a quarter-century, Arabs note for a colleague at his work- 

For a quarter-century, Arabs note for a colleague at his woik- 
and Jews have struggled against place, a clinic in Kiryat Arba, that 
each other in Hebron. After ibe said: “I enjoyed working as a doc- 

1967 war, a radical rightist rabbi, tor. Wishing for full redemption.” 
Moshe Levinger, led 79 of his fol- A friend of Dr. Goldstein's, Bar- 
lowers in the first Jewish return to bara Guzofsky, said: “He felt the 
Hebron since the Arab violence of Arabs wanted us all dead. That’s 
1929 in which 67 Jews were slain, where he got his haired. He wanted 
The settlers moved illicitly into to stop the so-caQed peace process 
the Park Hotel in Hebron, and do- and save the state of Israel.” 

PLO chairman. Yasser Arafat, is 

SMa’SSS 01 sorvivois lied from the ^ 

rule agreement wth Israel Rut Jaw returned in the after- MrBKrefci said the women ^ ^ K 

In .Europe and acr«s the Arab mathof the 1967 war and the Israe- were separated from tkmTS V* * ^ ***** ^flea the i tewa 
worid lmdera expressed revulsion u of the West Bank. FridaTWHinADie ^^vSe ** fismanff Fan 

and pleartedor restraint. and the shrine has remained a era- sbtXrtoSckuw tteSnJm 

But radical Palestinians vowed die of haired between Jews and began. It was the third limemtbe 
revenge and Hamas, wbuji is vying Muslims. Inside, they have jock- pnwei that iberoenhad bent to the al ““ F^aeogpo. “We have peace, 
with the PLOfor lradcrshipof the eyed for control of every inch of the wniml he recaned, when the shois 

swept Hebron and Palestine m annoying the worshipers. While we 
1929, many Jews were killed and were praying, we could' hear the 
most of tte survivors Bed from the settlers shouting, always 
aty. their prayers.” 

But Jews returned in the after- Mr. Isbweiki said the women 
math of the 1967 war and the Iscae- were separated from the men tins 
ii occupation of the West Bank, Friday morning. The men were 

= were orougut to Pifatmiahs' 

,u ’*• -' to tlw 'Taifipital to givte 

Although the brarfi.Anny un- blood and announ^d blood troes 
»ed a OTfew <m HArooJnm- W the Ibudroeakera InrideT the“ 

pored aOTfewrai HribrOT, hun- oyer the loudspeakers. Inside, ' the 
dreds of Palesnmam flooded; to- hosptal wasSaotk as nuraes and 
wardthe hospitals toga wont on dbctotsTended the wounded. 

family roemb^In arrrimtras, one i 
driver dutched smaD scxm>s of pa-.. . “My son went to give blood, and 
per in whochihe had watten the he was shot at the hospital,” said 
u r ' tnea of the victims. CaFeemn^; Faez Khafisha, 52, a surveyor' 

where he got his hatred. He wanted Palest in ia ns , told Mr. Arafat to 
to stop the so-caQed peace process abandon talks with Israel “or pay 
and save the state of IsraeL" ,h * "" rp " 

“My son went to 

through the streets, the driver, pen-- whoseion was injured by anny fire, 
odically turned annmd to shout his “With the Jews, there can be no 

eyed for control of evdy inch of the 
building, for every nook between 
the 9th century centophahs and pil- 

For years, angry incidents have 

he recalled, when the shots 

“I heard at least 100 bullets,” he 
said, resting on a hospital mattress 
with an intravenous tube in his 


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udruoian oral UfittPOn M op 

dwflry. ct w m mmv o^jy. tfec* ono. gpcMgy 
hen mlo. oh/n, phcPODts^. •> Justs wd rdP7 
The idowte tve mrarpjrcrt no a fur Qrt. si 'j/r 

(ptiwndn^nfiiry niA} WBfesn^ W ^ 

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h«! ‘ me caiiury ccniopnans ana pu- “1 heard at least 108 bullets, he ^ , ■ • . . 

UN Security Council members For years, angry incidents have ^ m^mtwaio^Seln^te ScVUffTS Gst iM(lCuWl6 CrlH IS 

were expected to discuss the kill- broken out within the walls as Mus- hand “We beaid a lot of shooting ' ' . . 

ings during previously schedufed lims and Jews prayed in dose prax- from behind. The people who were f L H , f _ 

consultations m New York. The rarity, often withm earshot of the shot fell back on theotiws. All the £T 07 lt J±ffldN fOT LfCtCilSS - ' 

UN secretary-general Butros Bn- entreaties of each other. Recently, ground was full of Wood and most */ J J 

iros Ghali. said he was deeply con- for example, militant Jewish set- 
armed about the passible impact tiers threw add on the carpets used 
on PLO-Israeli negotiations. ta ta 

Mr. Rabin said in a statement: °^_ < 5!° y hi y d 5^8 sloned I couldn’t findmy 7-ySr-o^ 

“A loathsome criminal act of mar- and knifed as they walked to pray- tv-, a w 0 f int i 

der was committed today at a ate ^ through a narrow stone alley- bombina.” ^ 

ground was full of blood and most 
of the people wore bkxxiy. 

“I tried to get out. I couldn’t 

I holy to both Jews and Arabs in troui tne nearby settlement of 
i Hebron earlier this morning. The Kiiy&t Arba. 

; prime minister and defense minis- Jh e a ttadt on Friday came as 
i ter. government ministers and riti- religious fervor was running high. 
I zms of the slate of Israel severely 0“ Thursday night, according to 
I condemn this terrible murder of Arab witnesses, Jews came to pray 

« u*uiuw awuc auqr bombing.” 
way from the nearby settlement of k „ .... 

Kirvat Arba. According to nntial accounts. 

' - . Wew Vbrlfc 7 hw« Service -• :.V; v ■ . 

HEBRON. Isradi-Occupied West Bank — Jewish settlers in the 
occrqried tenitanes cany Uzi submachine guns that 'are issued to ■ 
them by the army far purposes of self-defense. Many also carry , 
pittols. whi<* they can purchase if they have a. gun licensed V - ‘ ' 

\ innocent 
i during R 

le which occurred 
in prayer services.” ™ ™ 

The aftfldc on Friday came as lhc . krari i sokhers outride beard 
religious fervor was running high *h® shots and ran for the entrance. 
On Thursday night, according to But, ar^ordmg to an Israeli official, 
Arab witnesses. Jews cam- tn nrav the soldiers were blocked by a rash 

at the beginning of the festive Jew- f* worship®® fTeeing the shooting 
ish holiday of Pimm On Friday “^ de - Many witnesses, however, 
morning, Arabs came for Friday said it appeared to take the soldiers 

j. w . i .i 5) Inna trim fn trot tn tk* cam* “T» 

14 a •» AAsnA * n vau» iw j. iiuav , 1 ' 

We tsdl on everyone, prayers during the Muslim holy a long time to j 
Arab and Jew alike, to act with month of Ramadan. J took some vay 

rotraint and lo not be drawn into Two stone towers dominate the Iiradi 

cQuldwSSInEtoS- S,rU<: “- r -- ,he min,re,s of,en Goldstei,, 

to the scene. “It 
g minutes,” said 

manned by Israeli Anny patrols. 

(AP, Reuters) who also screen those who enter 

Dr. Goldstein apparently had 
time tn reload hil t G afil Fac n mar g- 
azine holds 35 bullets, and the 

sendee m the anny reserve. Officers are permitted to keep weapons 
at home even when they are not on active reserve duty. 

. Dr. B aruch Goldsteio, the Jewish settler ytiio opeieti fee in 

reported to have used a mfiitary-issue Galil rifle in the attack.' 

According to army rules, settteis may use their weapom^dywha 
toarfives are in (fenger. but in scores of inridents during the m-year 
™«toiMupr»ng m the occupied territories settiera have been 

shooth * withoot pstmca&rn. 

■ -2® . nd ?^ s atihek, as part of the violence that has escalated 
Sinf.S°L 0f ^tsraefi-Palestiniaii accord tast fieptamher, 
assaflams befieved to be settlers riwt and killed fom: 
appanatlymreva^ / - • 

ASIA: U.S. and European Arms Makers Prepare for Fierce Competition in the Pacific Market 

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; Continued from Page I The Clinton administration, 

' . which has been promo ting arms 

; tiuve of Hughes International, a exports to create jobs and main tain 
. pan of leading U.S. military con- a viable military-industrial base, is 
ttactor GM Hughes Electronics drafting a new policy on couven- 
Corp., said that die Pacific Rim ti o nal arms transfers, 
was “fast becoming the most im- 

[ portant, and competitive, interna- What we are attempting to do a 

| tional market" for militarv prod- » weed out those oratrols that are 
i ucts and services. ' not related to national security," 

of the remaining controls by all 
Western governments. 

capacity and a decree of autonomy 
in a field as sensitive as production 

The result wffl be a more sophis- for defbise," said retired General 
treated Asian industry that will Basifio Cottone, chainnan of the 

tional arna transfers. 

my. States, that **th<r nfftammi iprh. 
ion nology transfer will hdp set up fu- 
sral tare Asian co mpeti tors, as in the 
tire, , case of c np» n ir»»r ekdrouics, auto* 
mobiles and steel" ' 

rtam, and com^^ intoroa- “W^t we are attempting to do is 
real market" foTmilitarv prod- to weed out those controls that are 
ts and services ' not related to national security," 

Partly as a result of heightened said Jeffrey E. Garten, U.S. under- 
mpetition For sales siireethe end secretary of commerce for ratema- 
fh<> CnlH War tional trade. 

| competition for sales since the end 
| of the Cold War, Western govern - 
i meats have eased regulations on 

He said, however, that the Unii- 

■ the exportation of advanced con- ed States would not be “purdy 

have many coDabocative ties with board of Augusta Aircraft Cotpi a m6bfl« and steeL"^ ' 

Western aims makenibut may also of the . Fmmeccanka group. - JMm P. Westtm, charanaa and 
be m a stronger position to oom- wadi accounts for 65 percent rf 1 manapng director of British Aero- 
pttewith them forexport sate. ' Italy’s aims production: • • space Defease Ltd^ said (hat the 

^ equipment to committed to a strata 

and economic problems for West- Asia-Pacific countries are often of cutting costs and ex panding 

“ conditional on' the supply’s bdM Aria-PadfiTS^' 

immediate domestic mte reris, su ch naared-to lkemfe^Si ^anSS? K^idan^mannfacoiriiig subskt- 

provide woric or benefits to and joint ventureT 6 . ’ 

nnportaM mhtay^dated mdus- offset the cost of the " " - -- 
tries, against concerns abort future 

j technolo^es to Don-Communist icy. 

I rnnntn« in Acio n.)<« na.'j 

The firm, a division of Britob 

! countries m Asia, where rapid eco- 
! nomic growth and strategic uncer- 
; tainty have combined to create a 

Acadia institute of OCEANOGRAPHY) j demand for military modemiza- 


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Cmtici. Sbttf ciiHuy faimm. Pmaor 
POteM, Ktaitf, ME 03BIH • (207} 438*733 

Mm tion. 

Mm e-iA ! France is prepared to offer all its 
i military products “without restric- 

tion” to Asian countries and exam- 
«, chwsof ; inc all forms of cooperation, said 
pot) *38-g7T3 j Serge Dassault, chairman of the 
! Aerospace Industries Group. 

There are going to be times, Mr. 
Garten added, when, “unfortu- 
nately, our exporters will be at a 
disadvantage” to companies from 
countries that have Iks rigorous 
export controls than America. 

Nonetheless, experts said that 
growing rivalry between U.S. and 
European arms makers was likely 
to lead to increased liberalization 

arms proliferation. t /Since 1990. the U^L.aatspacv percent of Britain’s exportsof mifi- 

At a time when there is chop- ah3 mOitaxy , industries have wptipnrenL 

mous surplus capacity m the "***^*5*®* of thefr work force. Louis GaDds, prestdent-dhert® 

space and malUaiy industries of the by 440.0(^ or rfreghly one ^ third: genaal of the Aerospatiale soup 
UA, Europe and Russia, most Another 50,000 job Tosses are ex- of Friract,said titatby^veteuig 
Asia-Pacific nations want to ercate pectod m 1994. - mffitaiy industrial panneSE* 


They are nodifiercnt from their ^ ^ .^'T ' 
counterparts in Europe in wanting . ,Mr. J«lms<» said that there wm -nhlkJ)# ^ 

to develop independent industrial also concern, ai test in the United JS*™ ® «»9retitioit, he ida 1 

counterparts m 
to develop indi 

:in wantir 
it industri 

\ £p>J*\OV*S£> 


U.K. Tries to Avert 


“ - Routers ■ 

LO?<pON~ MtaioooFri’dt^ 

trade boycott iy Malaysia tha£ is 
TVe are qxtnanely ccbcenie&” 

is seeing ha*.we can; 
usedjpIpmatK: avert what 

may tecoateotfiemse a crisuL” " 

' fbeBiitish sSad there was no 
qaesnoa^/etaEaSori, " 

**No one is taHang eznfciargoes <ic 
sanctiw^,” ancaher official jail >...' 

WaJaysa. earfior harmed ^British ' 
compank& from govesrnmehi criio-* - 
tradts including wc^on-aSlS' . 
bOltoa airport — saying it was sick . 
of British t»ess aJkiatioES cfbffi- J 
cid cornjpdonio Malaysia and of., 
a amniection between aid dona- 
tions, and a big WKqxms purchase. : ' 
Kenneth Clarke, the chancellor .. 
. of the Exchequer, tried to play 
down tbexmpact of tbe crisis in one 
' of Britain’s tew real footholds in , 
the expandnw Asian market, Brit- 
ish true with Malaysia reached & 
peak last-year with exports worth . 
£965 million (SI .43 bfllicn), up 52 
percent on 1992.- < 

hope the Malaysians ^re- 
turn to the good W fioebdiy rela- 
tions we had with, them before" ' 
However, he said “the Malay- 
■Hans do ‘have to tmdersiand that 
the British press arc fixe, are inde> 

Theban marked aretnin to; the 
bad old days ol Britain’s relations 
with its farmer colony a decade 
ago. The British-educated prime 
minister, Mahathir Wn Mohamad, 
imposed a policy of “buy British 
last" when London in trbdnced fees 
for foreign students in 1961. v , . 

Former Prime Minister Marga- 
ret Thatcher personally smoothed 
over that dispute in 1988, agreemg- 
to a £1 bfflion arms deal 
At the same tinrw» Britain offered 
its largest single aid donation — 
£234 nuffion for a Jiydroetectric 
project, thcPagau dam. 

An alleged Hu between the two 
agreements, acknowledged by one 
.British minister, has. fueled, a dis- 
pute in Britain over alleged misuse 
of the aid io promote arms sales. 

The British foreign secretary, 
DouglasHurd, on Fnday acknowV 

Greeks Vote to Honor 
Talk Victims of 1919 

The Axsddated Pros \ 

ATHEN S— The Greek write- . 
meat tmanimoofty declared Tnr-.' 
lay’s national houday ■— May .19. 

Sea Greeks wtio were killed during 
a war between the two countries. ; 
The declaration declared May 19, 
1919, a “day of remembrance for 
the . genbdoe of the Pontians." 
Greece says that aboal. 350,000 
Poritiaas or Black Sea Greeks were 
JdUed at the time. . v - 
A Turkish Foreign Ministry-., 
statement saidjast.week that dm 
dedtion todedtensMay 19adayof 
remembrance for viebna of Jraa- • 
dan Greek genocide, ‘Misplays a 
distorted martafity.” TuAey ode- 
brates it as National Salvation 

.. ‘ \ 

; . edged publicly for tbe first time the 
' fink between aid and arms,' saying 
it ’was ^ustifiable M because it 

^^^rsof thebaircavBritish fhmy 
bit London' only' hours after the 
Malaysian Afi Force formally tot* 

; dajv&y of 28 British Aerospace 
R .irriBtt--fighter jeta. ... 

- ' The company said it vwsdeeply 
crifleeraed at the boycott and sym- 
pathized vish the Malaysian reac- 
tion to tbe British reports' of cor- 
rtimticiti in Kuala Lumpur. . 

TWc.are keying in touch with . 
tbegoYernnKutand weare.looking 
toward the media to be, a bit more 
. responsible,” said the compan/s 
public affairs director, lanWood- 
warf. ■. ; 

- v BtitamY opposition Labor Par- 
ty,, which had alleged there was an 
Bmws^ Tink betwew the arms • 
^sates and the dam deal, rushed tbe 
discomfort of the government. 

“If British- trade mid British jobs 
art at risk because of fbisTbdieve 
it is because of the abuse of govern- 
ment by Conservative rmmsters," 
said Labor’s Jack Cunningham. 

Patten Presses On, 
Despite Warnings 

Hong Kong Market Drops 
As U.K.-China Rift Widens 

By Kevin Murphy 

International Herald Tribune 

reducing the voting age to 18. 

International HeraM Tribune adopting a British-Stvle balloting 
HONGKONG — Ignoring Chi- format for future elections and 
nese threats and a steep drop in tbe abolishing appointed seats on local 
local stock market. Governor Chris municipal boards. 

Patten on Friday opened the sec- That move brought swift con- 
ond art of a high-drama play to demnaiiou from Beijing and hints 
expand the colony’s voting Iran- of retribution if lawmakers passed 
chise. tbe second half of the reforms. 

Despite warnings that it would which will expand to 2.7 million the 
seriously damage re la boos between number of voters in 30 functional 
Britain and China, Mr. Patten in- constituencies — Legislative Coun- 
iroduced a bill in the Hong Kong cil seats that are organized along 

legislature containing a package of 
electoral reform proposals already 

trade and professional lines. 
Beijing is enraged that Britain 

rejected by Beijing in lengthy nego intends to push ahead with a pack- 
tiauons. ' age of election ref ottos that it says 

The step appeared to mark the breaks the spirit of earlier agree- 

the governor lirst began ms at- 
tempt to make Hong Kong's elec- 
tions more democratic. 


The Chinese pledged Thursday 

■ ■ Afcaw VUnpa 'Tbe Awocatcd Pi» 

RECALLING THE REVOLUTION — Tbe leading figures of the 1966 Philippine revolution that deposed former President 
Ferdinand E. Marcos: From left, President Fidel V. Ramos, former President Conizon C. Aqiano, and Cardinal Jarme Sin, linking 
hands at an observance in Manila on Friday of tbe eighth anniversary of the late dictator’s departure to exile in the United States. 

Nepal’s Young Democracy Faces a Test 

By John Ward Anderson - members in the 205-seat House of when a democracy movement and tion fra- Parliament earlier this 
• Washington. Pan Service Representatives — to heal its inter- violent street protests forced King month, and Mr. Bhauarai spent 

KATMANDU Nepal The ^ rifts temporarily and stave off Btrendra to reduce his powers, le- most of his campaign attacking the 

prime minister oLNtpalis fishtiue Communist challenge. Bnt galize political parties and permit policies of tbe Koirala government, 
fw- pcHtical survival nr whauoany ^ere h* 8 nevcr been a no-conD- dections to a new Parliament- To- The Congress Party disciplinary 

forpohtical survival m what many uierc nas never Mena no-emu- 
sec asai^i of the thre^vear-old dence measure under the country’s 
experiment with democracy in this constitution and the pnoce- 
liny Himalayan kingdom. Yf 1 ®* Md ranuficattons are un- 

Ghija Prasad Koirala. NepaTs . , 

day, the elected government runs committee launched an investiga- 
NepaJ but the king retains impor- tion Friday into charges that the 

tmt powers. 

pr ime minister and his allies en- 

Altbouah the Communist- couraged voters to support the 

99 ° p- « * n__ a.. vt i j: 

firsfdemocraticaBy elected head of "Ibis is veiy dangerous,” said backed no-confidence measure is Communist Party of Nepal candi- 
govonment in mwetium three de- Kusum Sirestha, chairman of tbe the most obvious threat to Mr. date, who won the election, 
cades, is fire from rebels in Nepal Law Society, who ques- Koirala, perhaps a more serious Now, Bhaltarai loyalists are 
his own party and from a coalition tioned whether the political process challenge is being mounted by the threatening to vote against Mr. 
of Cbmmmrists and other leftists was capable of dealing with the president of his own party, Krishna Koirala. But most observers believe 
who are haHring a so-coofideoce simult aneous threats of a split in Prasad BhatlaraL Previously, Mr. that the party will stay united for 
npntnc t hhn hi Par liamen t ' the governing party, a no-coufi- Bhauarai was appointed by the the no-confidence vote and that in 
Many Observers say. that, no deuce measure and the personals- kmgas interim prune minister for a exchange Mr. Koirala will have to 
matter what the outcome, the ing of politics. “Democracy is not year before the May 1991 dections add Bhartarai supporters to his 
stnuteteisasamthatNeoarsfledif- property working because of the that brought Mr. Koirala to office, cabinet. 

Many Observers say that, no deuce measure and the personaHzr kmgas inte 
mailer what the -outcome, the ing of politico “Democracy is not year before 
straggle is a sign that NepaTs fledg- property working because of the that brough 
ling deiMcracy has takarroot, with irresponsibility of the leaders ot Mr. Koir 
Hme dunce the country mQ revert both the Congress and left parties.” an econon 
to absolute rule fay the king. NepaTs unheralded move to de- gram and i 

“These problems are' working mocracy in 1990 was overshad- 
chcHBdves out within the demo- owed by tbe wave of democratiza- 

Mr. Koirala, who has ushered in Mr. Koirala. whose five-year 
an economic liberalization pro- ^ crm expnxs in 1996, has been 
gram and is staunchly anti-Com- grappling with natural disasters, 
munis l, and Mr. BhatlaraL who ac- charges of nepotism and oorrup- 
commodated the Communists lion, accusations that be is suhser- 

cralic system,” said a Western dip- tion in Eastern Europe. The during his stint as prime minister, v 1 ® 11 to India, nsmg unemploy- 
k»nat here. The disputes “arc not a country is one of the poorest in the were allies in the democracy move- mem and pnees, opposition strpees 
rrfesrendum cm democracy. world, with an annual per capita menL They spent a combined 24 and charges of pohp 6 excesses since 

“Ilfs a power sfrugrie within the income of $170 and a literacy rate years in prison during the king’s “is first year in office. 

ruling party,” the diplomat said. _ of about 33 percent. About 80 per- 
Ibepdiiii^l tbea ter could lake a cent d' its 20 nriflion peopk are 
few wrats to play itself but- Most subsistence farmers. 

. analysts expect the governing Fte- Nepal was ruled by a hereditary 
pali Congress Party. — with 115 monarchy from I960 until 1990, 

U-S. Breaks Off 
Discussions With 
North Koreans 


York -—The United States has sus- 
pended midlevel talks with North 
Korea after Pyongyang made no 
commitment to begin international 
inspections of its nudear facilities. 

Thomas Hubbard, a U.S. deputy 
assistant secretary of state, said 
that because North Korea had not 
yet responded to U.S. proposals, 
the team was returning to Washing- 
ton on Friday. 

He said he was open to talks with 
North Korea before next week, 
when the Board of Governors of 
the Vienna- based International 
Atomic Energy Agency meets 

The agency has urged North Ko- 
rea to fa a firm day by Monday for 
inspecting its facilities. If Pyong- 
yang does not comply, the agency 
will probably throw the issue to the 
Security GxmdL 

China refrained Friday from to dissolve any political structure 
new attacks on the Hang Kong established without its consent, a 
government, but local businessmen vcw that threatens instability in the 
expressed fears that a standoff time remaining before the transfer. 
damaging to their interests had be- Some analysts, including Hong 
gun and no easy solution was to be Kong government officials, say 
found. China's unwillingness to strike 

“I think Beijing is content to wait a deal during eight months of nego- 
thi$ out," said the managing direc- nations over Mr. Patten’s propos- 
er of one of Hong Kong’s largest als stems from uncertainty in Bei}- 
eompanies. who asked not to be ing about the choice of a successor 
identified. “And even if they to its ailing senior leader. Deng 
weren’t, no one there has the clout Xiaoping. 

to act at this time, given ihecurrem No on 
situation. It doesn't look good.” making i 
The Hang Seng index, which un- sensitive 
til recently had ignored detcriorat- at a time 

No one, in this view, can risk 
malting a deal with Britain over 
sensitive topics such as Hong Kong 
at a lime when so much is at slake 

ing relations between Britain and ut interna] Chinese power suug- 
China over Hong Kong, fell 330 gtes. 

points, or about 3.2 percent, on . . 

Friday in a rocky trading session 

that saw the index twice fall below tt o j Vietnam fWn 
a 10,000 level. The index fefl 331 311(1 v l€G,aB1 t 'P en 

points on Thursday. Major Search for MIAs 

Investors already worried about * 
the negative impact of rising U 25. ^ ■ 4soaaffti ;>rcu 

interest rates on one of the world’s HANOI — The United Slates 
best-performing stock markets and Vietnam on Saturday were to 
found a convincing reason to re- begin their biggest recovery opera- 
duce their holdings. tion since the end of the war for the 

“People are now looking for ex- remains of missing Americans. 

. _ 99 . f t j. ... • _ . V a .1 1AA a. 2? 

causes to sell and they are focusing 
on tbe political situation,” said 

More than 100 Americans and 
their Vietnamese counterparts win 

Kirk Sweeney, head of research at interview witnesses and excavate as 
Lehman Brothers Asia Ltd. “For- many as 18 sites where Americans 
eign investors are watching this are believed to be buried or to have 

market veiy closely.” 

been lost in aircraft crashes in both 

On Thursday, Hong Kong legis- the northern and southern sectors 
lators approved the first half of the of Vietnam, the U.S. MIA office 
Patten proposals by passing a bill said. 


But the divide between them has 
become so wide that Mr. Koirala 
refused to campaign for Mr. Bhat- 
tarai when he ran in a special dcc- 

ALTOGETHER NOW Bv Bette Sue Cohen 

Room Aldo Ajeflo, an Italian, said a turns when they first surfaced last 

MAPUTO, Mozambique — Hie ■ “wrong impression” bad been ere- month, but .movements of its 
Umted Naticms said Friday that ated that only one contingent of troops were restricted, 
some of its peacekeeping troops in troops .was involved. It would be About 6,000 peacekeepers ar- 

Mozambique had paid for sex with “untrue, unjust and unfair” xo ko» 
children. focusing on the Italians, he said. 

children. ~ -focusing on the Italians, he said. 

. The deputy special represents^ Bangladesh, Botswana, Uruguay 
tiveof the UN secretary general in and Zambia also contribute to the 
Mozambique, Behrooz. Sadry, who face, 
led an investigation into allegations Allegations of UN 

by retirf workers, said at ^ news for sex with dnldren 
conference that same of the offend- 12 and 14 mainly 
era had been repatriated. 1 , 000-strong Italian 

A special UN representative, battalion. Italy dem< 

About 6,000 peacekeepers ar- 
rived in Mozambique; listed by the 
World Bank as the world’s poorest 
country, after the government and 
Rename rebels signed a peace 
agreement in October 1991 Mr. 
Sadry said some offenders had 

for sex with children aged between been repatriated, but he did not 
12 and 14 mainly involved the know exactly how many. He said 
I.OOf^strong Italian "Albatross” be behoved that involvement with 
battalion. Italy denied the accusa- prostitution had now stopped. 



By Nicholson Boker. 303 pages. 
$2L Random ffouse^ _■ 

Reviewed by - 
Michoko Kflkutani - 

TX7HO is Amo Snond? To get a 
yV pjefttra of NidiidaHi Bio's 
repulsive hew hero, think-Qf the 
worst chaiges of sexual haxasanfint 
buried , at . Clarence Thomas and 
Senator Bob Packwood. .. . 

Hunk of- the diarges of sexual 
abuse made against & M a nhatt a n ; 
dentist who was accused of molest- 


Arturs WbfichrtSr touted 
Write or sand your mwusHktto 


mpwoaaea whfle^ rtwy were uncon- It never occurs to Arm 

saons under anesthesia. - about the dangers of „ ... . . 

Season these allegations with lots It never occurs to him, or apparent- 
of puerile humor, o nmbm c them ly to bis cretttor, to think about the 

with the magical powers of tbe^In- feedings of the women he routinely , Fcn i? ata does not wen 
vintde Man, and you have a pretty molests. bother to go ibroughaich motions: 

good idea of what the hero oTThe “N 0 jif e could be finer than * C05 ? asts sun P ly , flnd e ^S Kdy ^°5 


ta mnsi- 

himsdf as a sensitiw man and re- magazine has a better life.” i e 

It never occurs to Arno to wony iwx^iliorthatAstiqguishedBak- 
about the dangers of sexual disease; ***** 

"Tbe Fermata ’ does not even 
bothra: to go through such motions: 
it consists simply and entirely of 

sponsible' citizen. He’s one of those Asm sees no reason to fed con- 
guys who is constantly idling you trite. “I would condemn in the 
what a thougj&iftil, creative feDow strongest terms anyone else who 
he is. He’sa sart ctf EcUie Haskdl did what I have done,” he declares, 
far tte *90s, wdl versed in the am “But the thing is, I did it, I did it, 
of hypocrisy, sanctimony and self- ami l know tnysdf, 1 know that I 


Amo’s hobby^his caffing in life 
really, isiitofcsting womeai, and he 

Anuvyoaseei has a magical abiB- 
w fo time: By srmiping Ins 
frngrra^he can instantly freeze the 
umvecse in tdaoe. like the pause 

mean no harm, I mean wdL I want 
life amplyto know what every woman 
[fa looks like and feds like. I mean 
,e. only to appreciate what the ribs of 
jjfo- a oanrplrte stranger fed Hke under 
his my hmds, or to hdd some hair I 
the horen’t hdd before.” 
use Like "Vox,” Baker’s last book, a- 

batten ad a^ vCS, he; can jdace flic best-selling novel that took the 
worid- on hold; and he uses this form of an extended telephone chat 
bizarre talent to violate unaispect- between a man and a women who 
ing women to he saneptitioorty meet on an adult party line, “The 
mover threegb the frozen wodd. . -Fennala’' is SQed with sex talk thai 
Sometimes Arno uses.his power - is neitiier sexy nor entetainmg. 
ip undress and fondle women be “Vox,” however, at least made a 
meets in the office, oft ^the street or pretense of being a real novel: It 
in a store. Sometimes he uses; his nad characters about whom (he 
;ppw«: to spy-on wioineo, gathetu^ reader^ ^ wto ragudy curious^ and 
: mfonnatioat^ that wifi hdp him se- dialogue -that intermittently 
dace them in real life. . evinced the gift for imagery and 

of strcam-of-consdousness transi- 

None of Baker’s considerable 
talents as a writer, his ability to 
reinvest the mundane rituals of 
daily life or limn the inner lives of 
his characters, are on display in this 

Neither tbe philosophical impli- 
cations of Amo’s magical ability to 
stop and start time nor the psycho- 
logical implications of his sexual 
exploits are ever explored. 

Instead, the reader is treated to 
die spectacle of a talented writer 
trying to lower himself to the level 
of those sophomoric scribes who 
write letters to Penthouse and Hus- 

At one point, Amo refers to his 
own pornographic jottings as 
“rot. "It's a term (hat applies per- 
fectly to “The Fermata-” The deci- 
sion of Random House to publish 
the book for Valentine's Day was 
the ultimate bad joke. 

Michiko Kakutaai is on the staff 
of The New York Times. 


1 Made creases 

7 Brooklyn 

12' Filled in holes 

17 Stomach 

21 Islands, 

British protect- 
orate until 1965 

22 She played the 
woman in “A 
Man and a 

23 Fall off 

24 Give off 

25 Avocado 

27 Opening of 


29 "Ministry of 
Fear* director 

30 "Our Miss 
Brooks" actress 

31 Spoil 

33 Dis i n c li n ed 

34 Business V.I.P. 

35 Temptingly 

37 Thinrey 

38 Sound from 

41 Roles for Oland 
and Toler 

43 Site of Jesus’ 
first miracle 

44 Belief 

48 Achieved 

50 Gather 

52 Herds of whales 

53 The Diamond 
Queen" actress 

54 Imperfect 

55 Visitor of 1986 

57 Skater Babilotua 

58 one 

59 Foreshadows 

60 Compelled to 


61 Tee,e.g. 

63 Bassli k e 

64 “ Le 

Moko." 1937 

65 Dog. in a way 

66 Foil 

67 Train station 

68 Producer of 

72 Family name 
on TV’s "Alf 

73 Rascal 

75 Peter of cable's 

76 Alternative to 

77 Mother-of- 
pearl source 

79 Western wear 

82 Cleaner, for 

85 B-29 

86 PnDed into 

87 Honker 

88 Founder of the 

89 Peter Mansfield 
book, with 

90 Mediterranean 
shipping center 

91 Was inattentive 

93 River to the 

94 Marino 

95 X, for example 

98 Singer from 
Roswdl. NJ4. 

99 "Holy smoke! “ 

SOI Night rimes 

Solution to Puzzle of Feb. 19-20 


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102 Architect Jones © New York Tunes Edited by Will Sfwrrz 

103 English game |g |Hp la Ji Tw - 

pbyed with = 

horse ebesenuts 11 ^R 22 

104 Returned- mail 5“ " ‘ a 


106 Sweetheart ** SR 

107 Singer Judd 

109 Literary inits. 

110 Stand * » * H 4 ' rm* 

111 Shakespeare's <a ‘ m ■■ST !t 

"fairy favours" 

113 1965 Ursula * 

Andress film a - — 

114 Deposed M _ _ __ 

117 90's parties « ■» 

118 -Tiny Alice" s B. " 

pUywngbt and | 

family ■vT n MBn - 

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124 Captain's 71 n 

superior g 

126 Slow method ^ 

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the arts . I _ 

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r 1SOn w m ■po? 

133 ThdrSseand ■p” 

others: Abbr. ■■■ 

134 Red and "* m m WT 

spotted, e.g. 124 ib mm 

135 Darting 

136 Gossips WT ■> 

DOWN 135 W* 

1 Insig nifi cant 

2 Greenhouse 26 Greek nymph 61 Tee off 

, , . , 28 Keen 62 Practice, so to 

JFrss.h^W 32Rtcorf ^ 

Avengers" C 36 Farmland 64 Four-time 

5 "Unde Tom’s 37 Pistol-packing Masters winner 

Cabin" girl 38 Loser of 1588 65 Harmonizing 

6 Impartial 39 Lector 66 Strip, for one 

7 Inmate’s wish 40 Popular weather 68 Actress Carol 

8 Ready forecaster ct al. 

9 Fw 41 Mr. Huntley 49 Rind of show 

10 sendee 4 2 Burnt 70 Vnh ot 

11 Of third tank 44 Kind of back or loudness 

12 Per „ if ir . . 71 Part of the 

13 Erie Canal dty 45 Mqv« starring works 

14 “Critique of , ® . 74 Batting wonder. 

Pure Reason" 46 Accusation J 905-28 

author 47 More noble 

15 Letter in a 49 Los Angeles _ ~ , , 

fraierruiy name gang member '' “ c in c “ 

16 Actor William 51 HuiWi! Blue-flowered 

17 Withdrew 52 Rangers' _ „ ^ “* 

18 Early defense 79 Byes 

astronomer 55 Noted potters 80 Titania's 

19 Noises 56 Hitching post? husband 

20 Sun of a 59 “Out of my 81 Neighbor of 

Dickens title way!" Tibet 

111 it) 114 lit I IB 

lir lie I is la 


26 Greek nymph 
28 Keen 

36 Farmland 

37 Pistol-packing 

38 Loser of 1588 

39 Lector 

40 Popular weather 

41 Mr. Huntley 

42 Burnt 

44 Kind of back or 

45 Movie starring 

46 Accusation 

47 More noble 
49 Los Angeles 

gang member 

51 Hurrah! 

52 Rangers' 

55 Noted potters 

56 Hitching post? 
59 “Out of my 


61 Tee off 

62 Practice, so to 

64 Four-time 
Masters winner 

65 Harmonizing 

66 Strip, for one 

68 Actress Carol 

69 Kindofsfaow 

70 Unit of 

71 Part of the 

74 Batting wonder, 

76 Prattle 

77 Belittled 

78 Blue-flowered 
European herb 

79 Byes 

B0 Titania's 

81 Neighbor of 

83 Tees off 

84 Vulgar 
86 Still 

88 Knockout 

90 Van line 

91 Snap request? 

92 Cabriole 
95 First of an 

ancient trio 

95 Sowed again 

96 Daughter of 
Tan ulus 

97 Like some 

98 “ Book.’ 

circa 1086 

100 Leaves 
103 Comedian 

105 Leontyne Price 

106 Robert and 

108 as ABC 

111 More 

112 Juices 

114 Mountains 
south of the 
Kan Sea 

115 Groomed 

116 Official's Staff 

117 Mezzo-soprano 

119 Farmworker 

120 1982 Disney 

121 In (stuckj 

122 Sub 

123 White House 

125 She played 

127 “Norma “ 

128 Long intro 

( AM JN(, om; I OR l.l(,N ( (HMK\ 

I R o VI V N () I !i t R I S N O 

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Page 6 





The bluster on Capitol Hill suggests the 
need for a little detachment on the Ames case. 
The Russians are accused of faithlessly troll- 
ing for American spies. But the trolling was 
done not in some pool of innocents and dupes 
but inside the American intelligence agency 
and inside its very bureau devoted to trolling 
for spies in the Russian intelligence agency 
and repelling Russian trolling. This was 'a 
competition among professionals. This time 
Russia apparently won. 

It is a hard game: Soviets who had spied 
for the United States may have been caught 
and executed on tips supplied by the ac- 
cused; Aldrich Ames most be held to ac- 
count. But an intelligence enterprise that is 
good for the American goose has got to be 
allowed to the Russian gander. This is the 
world as it still is. and Cold War or no, it is 
the safer for effective steps taken to narrow 
the ambit of unpredictability in it. 

There is a touch of partisanship in some of 
the Republican growls over the Ames case. It 
is bang added to already-gathering doubts 
over President Bill Clinton's overall Russia 
policy to make the point that he is soft on 
Russia. But wait a minute. By the charges, the 
accused was recruited on Ronald Reagan's 
watch; three years into George Bush’s watch 
the investigation started; on BID Clinton’s 
watch the plug was finally pulled. There is no 
merit in any d aim that one political party or 
the other is uniquely vigHanL 

“This case." says Mr. Clinton, confronting 
attacks on his program of aid for Russia, does 

not undermine his Russia policy. In Lhese 
limited terms, he is right. “This case" runs on 
its own track. Aid-sponsored projects like 
privatization and denuclearization serve an 
evident American Interest. Typically, the ad- 
ministration leaps to blame anti-Yeltsin de- 
ments for the Ames affair. True or not. it is 
dear that suspending aid — for espionage of a 
sort that both countries conduct — would be 
taken as a hostile acL There are lesser, diplo- 
matic ways to play out this round. 

That does not remove the Clinton Russia 
policy from challenge on other grounds. The 
policy is not producing the intended change in 
Moscow, and it is losing support in Washing- 
ton. and col only among Republicans. Re- 
publicans are now declaring that the Clinton 
policy is based on a dreamy reliance on the 
unreliable Boris Yeltsin. They should keep in 
mind that the author of a betting-on-Boris 
policy was George Bush. Still, the policy’s 
frustrations are real. 

Senator Richard Lugar urges a “rethink- 
ing.’’ Let it proceed The questions: Has the 
United States imprudently hooked itself to a 
Russian leader who can deliver neither de- 
mocracy nor economic reform? Is there an 
alternative leadership in sight or alternative 
ways to advance reform? Or is the Russian 
domestic scene so resistant to outside influ- 
ence, and the transition from communism so 
uncertain, that the United States bad best 
retreat from domestic makeover to a focus on 
Moscow's conduct of foreign affairs? 


Tinkering With Death 

Justice Harry Blackmun of the U.S. Supreme 
Court, never afraid to show the human, often 

an guishing adc of judging, HOW roundly con- 
demns the death penalty. It is dear, be said in a 
dissenting opinion this week, that no rules or 
rulings “can ever save the death penalty from 
its inherent constitutional deficiencies." 

His was a noble cry or conscience and a 
bitter indictment of the court itself for mis- 
handling death cases. He wrote from a quar- 
ter-century of experience on the court and 
with the credibility of a justice who had tried 
hard to make capital punishment work justly. 

We find capital punishment — state-spon- 
sored killing — morally repellent and against 
the constitution’s ban on cruel and unusual 
punishments. We oppose attempts to enact 
new death penalties and find that public safe- 
ty concents can be fully met with life sen- 
tences without parole, as Governor Mario 
Cuomo of New York has valiantly contended. 

But even for those who disagree over f unda- 
mental policy or basic constitutionality. Jus- 
tice Blackmun's argument on other grounds 
deserves respectful attention. 

Though opposed personally to the death 
penalty. Justice Bl ackmon initially joined the 
court's reinstatement of capital punishment in 
1976. He endorsed a scheme of “guided dis- 
cretion" for juries, setting criteria and proce- 
dures to cure the previous random nature of 
capital sentencing. 

Looking back, he finds that two features of 
the court’s scheme were destined to dash: 
guidelines designed to ensure consistency in 
death sentencing proved at odds with well- 
meaning decisions allowing juries unbridled 
discretion to be merdfuL 

But even if those divergent goals could be 
served, he goes on, “it is dear that this court is 
not prepared to meet the challenge.” He be- 
rated his colleagues for relaxing their vigi- 

lance, accelerating death cases to meet a death 
agenda and, in the name of federalism, toler- 
ating state roadblocks to thorough appellate 
review of sentences. 

Taking issue. Justice Antonin Scalia filed 
his own opinion arguing, callously, that all the 
court need do is dispense with what he consid- 
ers excessive solicitude for defendants that 
leads to arbitrary clemency. 

Justice Scalia argues from the simplistic 
premise that the constitution so clearly ac- 
knowledged the validity of executions that no 
special rules of consistency or fairness need be 
attempted to save their constitutionality. 

The court has rightly held. to the contrary, 
that the Ei ghth Amendment's ban on cruel and 
unusual punishments d emands re-examination 
of even time-honored penalties to see if they 
comport with “evolving standards of decency.", 

With Justice Scalia in the majority, the 
court has backtracked on that “evolving stan- 
dards" review in case after case, leading Jus- 
tice Blackmun to his widely quoted stand: 
“From this day forward I no longer shall 
tinker with the machinery of death/ He will 
vote instead to invalidate every death penalty 
that comes before the court. 

Congress and state legislatures also are 
flunking the evolving standards test. Regres- 
sion is the political order of the day. Lawmak- 
ers are excessive and demagogic in their rush 
to convert more crimes into capital ones. 

Even those who do not share our basic 
quarrel with capital punishment can leant 
from Justice Blackmun's pragmatic, elegant 
and powerful dissent. 

We hope that, contrary to the justice’s pes- 
simism, he will live long enough to see aboli- 
tion of the death penalty and a Supreme 
Court courageous enough to resist extremism 
in punishmenL 


The Telecom Failure 

By calling off their merger. Bell Atlantic 
and Tele-Communications Inc. have at least 
postponed the emergence of a pbone-and- 
emertainment company spanning America. 
But whether this collapsed negotiation will 
actually be a setback to the rapid develop- 
ment of the underlying technology is another 
matter. There is no reason to think this failure 
to complete the merger will harm customers 
— and it may well turn out to be a benefit. 

Two separate industries, telephones and 
cable television, are now in the process of 
transforming themselves into one. There are 
two ways to do it. One is through the merger 
of established companies, of which the mar- 
riage between Bell Atlantic and TO was to be 
the largest but hardly the only example. The 
other way is through competition, the process 
by which a company with a base in one field 
develops the technical and marketing skill to 
push its way into the other. Experience says 
that the second route is generally more effec- 
tive in generating new technologies. 

That is one of the reasons why public policy 
in the United States favors the competitive 
model, and would have looked with suspicion 
on the appearance, at this very early state in 
the growth of a new industry, of the dominant 
coast- to-coast company that the merger 
promised. It might well have been met with 
antitrust litigation, and it certainly would 
have invited more regulatory legislation. 

Regulation is already a sore point. The two 
companies are blaming the Federal Commu- 
nications Commission's ruling earlier this 
week reducing cable prices, although that ap- 
pears to be far from the most important rea- 

son for the breakdown of the merger. But the 
FCC is being pushed hard by Congress to 
regulate, on grounds that most cable markets 
have no competition. If the merger had suc- 
ceeded, it would have produced a company 
operating in 49 of the SO states, which would 
not have done much lo allay congressional 
concerns on that subject. 

As a practical matter, the collapse of this 
grand plan may not have much effect on the 
speed with which the two industries begin to 
reach each others' customers. BdJ Atlantic, for 
example, nil] continue to pursue its intention of 
bringing interactive services to more than a 
million of its customers, including many in the 
Washington and Baltimore areas, by the end of 
next year. Interactive services will mean, 
among other things. lhaL people can dial up 
video movies on demand over their phone lines. 
Similar innovations are appearing all over the 
country. They don't require one huge nation- 
wide company to make them work. 


Other Comment 

End Capital Punishment 

You can’t always be consistent and fair in 
meting out the death sentence. Justice Harry 
Blackmun has suggested. Since the constitution 
requires both in capital sentencing capital pun- 
ishment is unconstitutional. We don't see how 
any principled justice could disagree, after look- 
ing at what has transpired in legislatures, in 
courtrooms, jury rooms and on death rows. 

— The Baltimore Sun. 

International Herald Tribune 



RICHARD McCLEAN, Publisher & Chief Executive 

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Honeymoon Over, the 

W ASHINGTON — Americans really did 
not need a major spy scandal to tefl 
them that the honeymoon with Russia was 
over. But the arrest of the CIA’s Aldrich 
Ames makes the point with some finality. 

There is no need to be scandalized by the 
Aims affair. Everyone spies. But there is a need 
to be sobered. Not everyone spies in the same 
way. That post-Soviet Russia should have con- 
tinued to run the CIA's Soviet counterintelli- 
gence chief as a Russian mole bdps darify the 
nature of the U ^.-Russian relationship. 

Yes, friendly countries do spy an each other. 
But Russia’s spying on America (and vice 
versa) is of a different order than, say, reading 
France’s E -mail- And were the French to dis- 
cover someone passing secrets to the United 
States, he would hardly be shot, as were agents 
Mr. Ames allegedly betrayed to Moscow. 

That is the difference between peering in 
on friends and spying on rivals, the Ames 
episode helps define Russia dearly. It is not 
an ally. At best, it is a potential partner, 
though that is many years off. For now, it is a 
rival with diverging interests. 

But not a mortal enemy. It is important to 

lfflfp tha t dktinrrion in mind agains t the 
alarmists who would point to Mr. Auks and 
have us believe that nothing has really changed 

By Charles Krauthammer 

since the Cold War. Everything has changed 
The Soviet Union was a mortal enemy, unrer 
lentmgly hostile because it defined its interests 
. as intrinsically opposed to those Of the Westi it 
hdd deeply that there were two opposing 
camps m a world with only room for one. AD 
conflicts were thus zero-sun (with one exac- 
tion: nodear weapons, which had the potential 
to destroy both camps amul raucously). 

Russia today is far different It is .not ideo- 
logically hostile to, the West Properly speak- 
ing, it cannot be said to have any ideology at 
alL It does, however, have national interests. 
Some are compatible with America’s, some 
axe not. In Central Aria, for example, where 
the Soviets are meddling in the civil war in 
Tajikistan, Russian ana American interests 
coincide. The Russians are manning a front 
line against Islamic fundamentalism. Fine, 
Meddling in the Baltics and Ukraine, on the 
other band, a front tine of Western democra- 
cy, is not all right with America. 

Dealing with Russia will require that US. 
officials grow up and adopt a nuanced view of 
Russian actions and intentions. Russia is a 
it power. It seeks a sphere of influence. 

: of this seeking Americans do not like 

and will oppose. The result win be conflict: 

' The next major flash paint is Crimea, the 
formerly Russian province now part of 
Ukraine, ' which late test math' voted ovo- 
y For a prcsdeht pledged to Crimean 
ocd and/or ramification with Rus- 
sia. Ukraine does riot take kindly to i ts coming 
~ dismember m e n t, just as Russia has never taken' 
kindly to Ukrainian independence (from M«r 

a war that would make ihe Boenian conflict 
look .tame. US. sympathies and interests lie 
.with. Ukraine. A Crimean war, if not headed 

a serious 

. Anotha flash point is Bosnia: Last week, 
things looked deceptively amicab le: By get- 
ting rite Serbs, to" acquiesce to NATO’s Sara- 
jevo ultimatum, Russia took the Westoffthe 
hook. But thorelief with which the Russian 
entry into Sarajevo was greeted in the Unit- 
ed States was extraordinary shortsighted. 
Americans were relieved of the need to carry 
out the threat of air strikes. Bat the Russians 
are not in Sarajevo on America’s .behalf. 
They are there cm behalf of the Serbs. 

The Russian presence shields the Sabs 
from NATO attad. The.Umted States is not 
about to drop bombs that could kill Russians. 

Bosnian Serbs. Aceas^ure ■ 

an objective, not a Muslim one. The fete, 
woddvoy modi like an “®WJ*Ej!E2-' 
them with the 72 percent of Bosn f t( ?^ h h r ^- 
today. It is the Musbmswbo want to Eghfoo . 

<" — - — *■ ™vm a serious, poten-- 


tatty dangerous game ( ... 

- '“The period Of markartffnantraan anow 
pvw " declared Prime. Minister Viktor Cher- 

Smooth. Bat it is oof just RuSMS flmg 
with market reform that is crwsr. The diplo- 
matic honeymoon with the West is over too. 

The Ames affair did not cause the honey- 
moon’s end. It only marts the end. It * * 
minor event But it signals the troly nmor 

event pteying out today in Bosnia, tomorrow 

in Crimea; two greatpowas, after a momm- 
tary embrace, going their own way. 

Washington Post Writers Group, 






Bosnia: A Fig Leal for Western Failure 

N EW YORK — The imposition 
of an effective cease-fire in Sa- 
rajevo is being hailed as a triumph — 
the genuine, u belated, expression of 
Western resolve. The latest cease-fire, 
which is between the Bosnian Cro- 
atian forces and the government, 
adds to the impression that Bosnian 
peace is finally at band. 

But the significance of what ap- 
pears to be the end of the shelling m 
Sarajevo and the latest truce is quite 
different. In all likelihood, it is the 
humanitarian fig leaf covering the 
West's final acceptance of the Serbi- 
an victory an the battlefield. 

Fen 1 all the bluff talk from NATO 
headquarters, the White House and 
the Quai d’Orsay, what has been ac- 
complished is nrtthmg mans than the 
sQendng of the Bosnian Serbs’ guns. 
NATO did not demand, as it might 
have, the ending of the siege of Saraje- 
vo or free access for aid convoys. 

In the meantime, in an' extraordi- 
nary coup, the Russians vitiated 
whatever force the NATO initiative 
might have had by sending 800 
troops to Sarajevo. 

While Western officials worried 
about whether the Russians would be 
“objective" enough to monitor Serbi- 
an weapons turned in to the United 
Nations, the Russians positioned 
themselves to accomplish a far more 
it strategic goaL 

j stationing themselves in Grba- 
vircC the Serb-occupied section of 
downtown Sarajevo, they are guaran- 
teeing the partitioning of the city. It is 
inconceivable that the Bosnian gov- 
ernment w fll again try to retake 
Grbavica, as it did, with some suc- 
cess, in December; the sector is now 
in effect garrisoned by Russians. 

The interposition of UN soldiers — 
British, French, Malaysian. Egjr*-'— 
Russian — also puts an end to i 
talk of NATO air strikes, whose avoid- 
ance has long been a UN goaL It has 
done everything it could to prevent 
military action. To bomb now would 
mean killing not only the people be- 
sieging ibe city but UN troops, too. 

The new initiatives really amount 
to an acknowledgment of the Serbs' 
victoiy and a freezing of the battle 

By David Rieff 

lines, at least between the Bosnian 
government and Bosnian Serbs. 

With the Serbs holding all the terri- 
tory they wished to conquer, and all 
hope of reversing this situation on the 
battlefield blocked by a UN cordon 
sanitaire, this represents an interven- 
tion on behalf of tire Serbs. 

That is why Radovan Karadzic, 
the Bosnian Serbs’ political leader, 
baa been so ready to give in to 
NATO. He is not impressed by the 
alliance’s resolve. Rather, he knows 
he has won, and, with timely Russian 
help, he understands that the West 
has finally acknowledged his victory. 

To pretend that what is taking 
place is a step toward justice is : 
it is bong 

now is not ajust settlement but rather 
the terms of the Bosnian govern- 
ment’s surrender. ■ 

To placate Western opinion, the 
conditions in which the people of 
Bosnia are living have to be im- 
proved. In die fairy tale world of 
public pronouncements, evil is not 
supposed to triumph. But it has. 

The Serbs’ campaign of aggression, 
murder and “ethnic cleansing” has 
won the war for them. The West has 
reluctantly concluded that there is 
nothing left to do but ratify it in a 
partition plan that will probably 
mean the end of Bosnia. 



The writer, who has' reported fre- 
quently from Bosnia, is writing a book 
about the war, “The Slaughterhouse. " 
He contributed Ms comment to The 
New York Times. 

NATO Gives the Bosnians a Chance to Gain Control 

S ARAJEVO, Bosnia and Hercegovina — Twen- 
ty-four hundred hours Greenwich mean time, 
Feb. 20, 1994, will go down in history as the high- 
water mark of Serbian expansionism and the be- 
ginning of the end of the Bosnian war. 

The successful NATO ultimatum that forced the 
withdrawal of heavy artillery from the outskirts of 
Sarajevo marks a major defeat for Serbia’s presi- 
dent, Slobodan Milosevic, and the collapse of the 
ultranationalists’ dream of bunding a greater Ser- 
bia from parts of Bosnia and Croatia. 

For the beleaguered Bosnians, NATO’s action 
finally puts them solidly in position to control the 
political future of their country. 

The withdrawal of the mighty Chetiriks — as the 
Bosnian Serbian fighters call themselves — from 
the Hills around the city was a nonevent. Never 
mind the celebrations surrounding the arrival of 
the token Russian troops. Withdrawing without a 
shot is the kind of event that can destroy an army. 

The Serbian soldiers' confidence in their leaders 
will be undermined, and it win not be long before 
they realize that by delaying withdrawal they only 
lost more weapons to the gun collection of the UN 
co mman der lieutenant General Michael Rose. 

The Bosnian president. Alga Izetbegovich, and 
the citizens of Sarajevo are angry that NATO 
warplanes did not slam their besiegers when (hey 
were not in full compliance by the deadline. They 

By Frederick C, Cniiy 

worry that weapons-cbOection rites in Serb-hdd 
portions of the city could be retaken: But NATO 
was right to show restraint: Victory in this case was 
not having to fire a shot. If die Sabs try to retake 
the weapons, or fire at the city from outride the 20- . 
kilometer (12-mfle) designated zone, NATO will 
keep its end of the bargain. 

The Bosnians should consider the bigxerpBCtbx& 
The only way for the Sobs to consolidate their 
gains on the battlefield would be athor to capture 
Sarajevo or to me the threat of captaring it as 
leverage in negotiations. To win a war, you have to 
seize thepatece. The Seths can’t do that now; From ■■ 
here on m, they w31 be in retreat 
And not only the Serbs. At noon Friday, a cease-, 
fire between tte Muslims and Croats look effect 
The Croats' dream Is to be part of the European 
Union and a trading partner of the United States. 
Now their Serbian aBy has been threatened by 
NATO, and if the Croatian troops besieging Mos- 
tar fail to honor the truce, they could be next. 

Ultimately, me rally way Croatia can get mter- 
national support for reclaming the Krajina, the - 
region southwest of Zagreb that was seized by the. 
Sobs in 1991. is to ref rage its alliance^ with Bcoodl ' 
The political situation could then change dra- 

An Equivocal! 

B RADFORD. England — Prime 
Minister John Major's visit to 
Washington is likely to test rather 
lhan strengthen me much-vaunted 
special relationship between ibe 
United States and Britain. 

Following me Sarajevo market 
massacre on Feb. 5, it took a blunt 
warning from Washington that fur- 
ther equivocation would seriously 
damage the Western alliance before 
Britain would put its name to the 
forceful NATO ultimatum to Saraje- 
vo’s besiegers. This was quickly fol- 
lowed by the Russian initiative to 
persuade the Bosnian Serbs to pull 
back Lbeir weapomyon terms advan- 
tageous to the besiegers, which Mr. 
Major was informed of when in Mos- 
cow. but which senior U.S. policy- 
makers learned of only from CNN. 

Another bid to hall aggression 
against defenseless civilians is being 
diluted, with Britain playing a lead- 
ing rote. It is worth remembaing that 

By Tom Gallagher 

Britain largely defined the West’s 
minimalist policy in the Balkans. 

Foreign Secretary Douglas Hurd 
has consistently argued that it is not 
me West's quarrel, and that no pur- 
poseful actioa from outride can stop 
xL After each massacre of civilians he 
argues that nobody’s interests are 
served by arming the Bosnian gov- 
ernment, deploying NATO ground 
troops to enforce peace, or even using 
aircraft to destroy the tanks and artil- 
lery that pulverize Bosnian towns. 

It was largely by default that Britain 
became the West’s leading player on 
Balkan policy in 1991-93. Its partners 
were preoccupied with other things: 
George Bush whh his re-election cam- 
paign, Germany with the costs of re- 
unification, the Italians with the col- 
lapse of their political system. 

Fate also decreed that Britain held 
me presidency of the European Com- 

munity in the second half of 1992 as 
the war in Bosnia was entering its 
most murderous phase. By now mere 
was plenty of evidence of a concerted 
effort to drive modi of the Mnstim 
population out of Bosnia by system- 
atic murder, rape and destruction. 

Mr. Hord brushed aside appeals to 
build a coalition erf European powers 
lead the ear 

Several UA officials, ashamed by 
the fickle qjproadt of the Bbsh and 
Clinton adnamstratians toward Bos- 
nia, have resigned. There have beenno 
such resignations from the British For- 
eign Office. Britain’s mandarin offi- 
ciate have reactivated a Balkan 
that dates. to the Ottoman 

matically. With almost two-thirds of the popula- 
tion. supporting a. unitary state m Bosnia and 
Ha2Egpv3H%thc Bosnian Serbs would be back' 
where' they started. 

hi a sqjaratist wai; the advantage is always with, 
therecojprized gqvamneaL As long as the Bosnian 
government never renounces its efahns to territory 
taken by the rebd$, few otber coontricswill recog- 
nize the breakaway areaju 

Bat for now, iM UNrfatdaaxid withdrawal of 
Ser bian forces is a critical first step. With less, 
danger of immineal attacks, relief agencies will be 
■ farnxHewflHngmcotitetoSdrfflero. 

And if Gaoeral Rase fimStehzs mandate to lift 
. the ri^c; commercial traffic. wiK be able to get in j 
andontwrtbfbod and other essentials, freeing UN 
convcysiw other areas, y. " jj : . 

So what mould Prerident Izetbegoviri's adviscss 

Be- patient. Refttge.ija with the Croats. Wotik 
rashinlo agricthects with the Serbs. Let time wort 
: to your 'advantage. - 

There is stiB a long way . to go, but the Serbs’ V 
motneiit has passed; • - * 

The writer, who works Jar as international reiuf [\r. 
organiztdion,hasT)e 0 ifnSar^vo far more Bum ayedr. j.{" 
He conjjilM&t this cottmatt to The New York Tunes. ^ 

■■■■■ ■ }. 

. i 


• * . 


1 V. 



to save Bosnia. Instead 
was put on shuttle (fiplmni 
first Lord Carrington and 



Owen, Britain played a leading role 
in UN- and EC-sponsored peace 
missions. This led to the spectacle of 
Slobodan Milosevic, the chief archi- 
tect of the war, being treated as a 
negotiating partner worthy of re- 
spect. Mr. Hurd publicly doubted the. 
usefulness of the 1992 decision to 
launch a UN investigation of people 
tike Mr. Milosevic who sponsored the 
killing mariitna in Bosnia. 

For Major, Haven in the White House 

L ONDON — The Conservative Par- 
t ty has been in power m Britain 
fra- nearly IS years, and it is Showing 
the inevitable signs of that long a hold 
on office; weariness, stumbling, poblic 
disaffection. Many fed about Prime 
Minister John Mrior and his govern- 
ment what Oliver Cromwd] said io the 
Rump Parliament in 1653; 

“You have sat here too long for 
any good you have done. Depart 
1 say, and let us have done with you. 
In the name of God, go!” 

in a poll last month, more than 
two-thirds of those asked said they 
were dissatisfied with Mr. Major. 

A grim sign is the contemptuous 
tone of pro-Conservaiive newspa- 
pers. The Sunday Tunes said this 
week that the government “singularly 
lacks the country's confidence." 

What Mr. Major hoped would be a 
winning new political slogan. “Back 
to Basics,” has become a pubbe joke. 
Il suggested a return to moral values, 
but over the last two months a series 
of Tory members of Parliament lave 
been caught in sex scandals. 

That may be regarded as bad luck. 
But the government has legislative 
troubles that are a matter not of luck 
but of ineptitude. 

A tough-sounding crime bill should 
have been popular. But it was drafted 
lo centralize police powers in political 
hands, and thn outraged the police. 
Key clauses were thrown out by the 

By Anthony Lewis 

usually conptiant House of Lords. 

Conservatives pride themselves as 
bring the low-tax party, but tax rates 
are now actually above the levds in the 
lari. Labor government. A jump in 
April will have the average family pay- 
ing £100 (5150) more each month than 
a year earlier a savage increase. 

The country is just inching its way 
painfully ran of a long recession. In 
the 15yeaKofTraygovernnient, Brit- 
ain has bad (he lowest economic 
growth of any industrialized country. 

Thai there is foreign policy. Mr. 
Major and his foreign secretary, 
Douglas Hurd, have been the leading 
opponents in Europe of intervention 
against Serbian aggression. A one- 
time Conservative minister of de- 
fense, Sir John Nott, published a bit- 
ter attack on the government's 
foreign policy in the Evening Stan- 
dard the other day under the headline 
“The Weak Man of Europe,” 

With aD the battering he has taken 
at home. Mr. Mayor must be grateful 
for the red-carpet treatment he is 
about to get from President Bill Qin- 
lon on a visit to Washington. On Mon- 
day night be will sleep in the White 
House ^ — the first British prime minis- 
ter to do so since CburdrilL Earlier 
that day he will fly on Air Force One 
with the president to Pittsburgh, 

where his grandfather lived. 

Some here see Mr. Clinton’s ges- 
tures as a sign that the president now 
understands the value of the A 
American “special relationship, 
that has long been in the category of 
myth. Mr. Clinton likely wants to 
soothe iU fecting over the recent grant 
of an American visa to Geny A 
of Sinn Fein, the IRA’s political arm. 

The political realities to which 
Mr. Major trill return indude a se- 
ries of elections over the next few 
months: for local governments, for 
seats in the European Parliament 
and a by-election for a traditionally 
Conservative seat in the House of 
Commons. In all, the prospects are- 
gloomy for the Tories. . 

Hie prime minister can nevrathe- 
less soldier on, and almost suidy win. 
He won the test election against the 
odds, and friends say he has faith that . 
be can do it again. 

The Labor Party might do some- 
thing silly enough to blight its long- 
awaited recovery. Labor and., the 
third party, the liberal Democrats, 
might get in each other's way. Mr. 
Mara projects a personal decency 
ana reasonableness. But stiH, time 
has its claims. 'A disaffected Coosa- 
vative here said: “The only firing that 
matters, after all there years is a' 
dutnee of government That applies 
anywhere in the world.” 

The New York Tones. 

firm hand is needed to control peoples 
who are unfit fra democracy. 

Tins mind-set cubmoaied in the. 
Owen-Vancc peace plan last 
which was hugely shaped in Lt 
It proposed to divide multiethnic Bos- 
nia into a series of arbitrary ethnic 
units, offering -nothing bra a life of ' 
misery fra tens of thousands of mbced . 
fanrihes. It was a bad plan, which, 
would have punished the victim and 
rewarded die aggressor, and it helped 
to widen the wra by encouraging Cro- 
atian forces to occupy land that ibe 
plan would have awarded to thmu.. 

Embarrassment among Britain's 
partners about a plan that was likely 
to create an apartheid system in ther 
heart of Emxpe was palpable. 

Most British citizens have far more 
sympathy forthe plight of Bosnia than 
do the po tidyma kec. As many as 40 
peroeui of them agreed with Ma rgnn w 

Thatcher when she said that rthe 
not doing more; has been an 
XQ- massacre.” . . v 

British pdky toward the war in the 
B a lk a ns has beat based riot just do 
jgncrance and prqucBce but an the 
short-term domestic interests of “a 
floundering pohiical dile m London. 
This elite, largely isoteted from the’ 
public and insular mils outlook, feds 
more affmityfor Russia, with its great- 
power past and common problem of- 
managing economic than ft 

does farits main West European part- - 
irci&Thte beta to dcptemwfy Bantam 
a Russian role in Bosnia, 
is farther from Russia than 
is) on Jbe dubious premise that, 
ancestral ties are irivrilvetL 
* The short-term approach to the; 
^Bosnian disaster orchestrated by 
3ritam tineatou to destabilize much 
of Enrope and license a wave of Oh- , 
nic strife and inter=state conflict. ^ ^ 
' Core U.S. interests;'. and obvious, 
moral considerations, mean th&' 

. John Major Should leav e Washingtnn ' 
in no doubt that ibis Bosnia policy is 
: being cioschr sci i s ti h i wvt — and that 
any morcfugbts of expediency that 
exacerbate the Balkan crisis wul .not 
be lightly forgotten orfoi-grven. '• 

The writer is d nemor academic in 
die- Peiwc'^Studies Department of 

tribazed trai comment to the lntema- 
tiaMfH&ahd Tribune . . ■' .■» : . 

gS^aS IN OUItPAGES; 100, 75 AND 50¥EARS AGQ 

1894: Qrtieltf Pixiii^ied 

PARIS — Gustave Brachot, driver of , 
a furniturevan, had yesterday [Feb. 
25Va practical lesson in the inadvis- 
ability of oriefty to animate. While: 
passing thrdughtbe rue d’AHemagnc, 
he commenced to- tisash: his horse 
with^axi teutality that some passos- 
hy ; interfered and eadeavared 7 “to 
make him desisc Instead of draag so, 
Brachot stood up in order that he 
might strike his horse with grata 
force. The ^tortured animal gave, a 
bound forward upsetting Brachot, 
who fdl.tojbegEOund and the van 
passed ovainm, breaking both legs. : 

Thte - Tratrite - nrtifajiritfra tvgt, as 
well as the anti-administration Sena- 
u>is,anxiowitohavc sessions wMle 
. figijdffl. Lis absent, givin g; both 
Sides' opportunity to fieov . air. their 

NEW.YtW^ —r Societies 
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. The International Herald Tribune and the State 
nussion for Restructuring the Economic Systems of Quna 
nviting the world’s business leaders to an unprecedented 
j-day Summit meeting on China’s economic reform. 

Its aim is to foster a dialogue as well as business 
topment opportunities at the highest levels amongst the 
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ttU rS Summit, “The Socialist Market Economy of the 
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Participating will be the major figures of the 
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personally mbet the people who are driving Chrna s 

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As you would expect with an event of this stature, 

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will be a closed-door conference and will not be open to the 
generalpubhCe^on^ ^ a lindted 

number of the largest multinational corporations with a stake 
in the future of the Chinese economy to paificipate asSummi 
Sponsors. There will be 3 levels of sponsorship: Suirnmt, 
SSL and Supporting. Each wffl offer a eompreh^e 
communicationa package conaiating 

benefits and advertising in the International He rald Tribune ^ 
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Pbr a complete information package please i ta 
Mr. Richard McClean, Publisher, at +33 (1) 46372133. Or call 

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. v nwR ald tribune china su 


Tk/r Tfc/r T fT 1 

UMP *= a V 



Saturday -Sunday, 
February 26-27, 1994 
Page 8 

Threats to Art 
Put Hermitage 
On Defensive 

By John Rockwell 

jVnv VorA 71uno Senior 

S T. PETERSBURG — In the depths of (he Russian muter 
the cold drives the tattier St. Pwosbuig street vendor 
indoors. Snow masks the urban decay and reflects light off 
the city's pastel palaces and golden monuments glittering in 
the sun. The canals and even the Neva River are mostly frozen, steam 
rising eerily from the water and ducks scrabbling desperately for 
food. It's so cold, about all one con do is talk. 

At the Hermitage Museum, as at all large Russian arts institutions, 
the talk is mostly of money. Since Mikhail B. Piotrovsky inherited 
the job of director from his father in the summer of 1992 — Vitaly A. 
Suslov briefly bridged the gap between the two men — be seems to 
have done an admirable job establishing links to the West and 
otherwise compensating for faltering state support. 

A livelier subject of conversation are threats to the integrity of the 
Hermitage collection. In this chaotic and unstable period m Russian 
history, the threats come from several directions: from breakaway 
former Soviet republics, who want bade their artworks and archaeo- 
logical artifacts; from the Russian Orthodox Church, seeking icons 
stripped from churches; from the estates of private collectors whose 
artworks were seized by the Soviets; from Germany, for the return of 
art removed to Russia after World War n, and even from the 
Russian government, which might be tempted to sell off state-owned 
masterpieces Tor hard currency. The threat Piotrovsky seems to take 
the most seriously is the church. 

In a recent interview, he appeared reasonably confident that 
lobbying with the former Russian parliament and Resident Boris N. 
Yeltsin had successfully defused claims from the republics. The 

problem arose when Yeltsin signed a treaty under which aD former 
Soviet republics, including Russia, were assured the right to reclaim 

Soviet republics, including Russia, were assured the right to reclaim 
“their” artworks. 

“Tbe old parliament refused to recognize the treaty,” Piotrovsky 
said. “A museum is a monument, and you can't just take thing s from 
it any time you wish. History is history." He added that in the 1920s 
and '30s, the Soviets disposed art from Sl Petersburg and Moscow 
to provincial museums, and that now the Hermitage was working 
closely with officials in Ukraine and other former Soviet states to 
compile lists of art already sent there. “We have good relations with 
Ukraine,” Piotrovsky said. “Often works they have requested were 
already sent to them, and were stolen or destroyed in the war." 


E added that a Yeltsin decree designating major Russian 
museum collections as state p rop er t y that could not be 

given away or privatized was a needed counterweight to 
any claims by the republics. “It's a legal basis for us, and 

very important,” he said. “We now consider tbe treaty nonexistent. 
The same decree helps protect against other threats. The estates a 

The same decree helps protect against other threats. Hie estates of 
Russian collectors received a setback, he said, when a French court 
ruled that tbe former owners of tbe Hermitage's Matisse holdings 
could sue for their recovery only under Russian jurisdiction. So far. 
he added, they have noL done so. 

“I don't thin lc they will,” he said. “They were just trying to see if 
they could get anywhere. Bui we are working closely with many such 
families, presenting exhibitions in their honor.” 

With artworks taken from Germany, the issues are different 
Piotrovsky is a member of a Russian-German commission that is 
compiling lists of German art still in Russian hands. But he said that 
-artworks would not be returned automatically. “Wc need some kind 
of restitution," be said “some compensation for our own losses. 
What was a sin was not taking them, but that they were not shown 

There is an unfortunate precedent for the Russian government's 
selling off national treasures for cash, as tbe Bolsheviks did in the 
3 920s Yeltsin's decree officially prevents that, but Pioirovsky wants to 
make sure no bureaucrat in Moscow gets a bright idea. “We have h in 
our history.” be said. “We are doing evaythmg we can to prevent 

Int&nahond Herald Tribune • 

L - ONDON — As James Rylands 

hmnght down his hammer last week 
on (be last of (he 614 tots sold at 
Sotheby's under the title “A Cabinet 
orCurioddes: the Property of The LordMcAt- 
pine of West Green,” a page was turned in the 
history of Western culture. 

Alistair McAlpme, the renowned dealer -in 
antiquities, was bidding farewell to the hosts of 
small objects he had always been selling along- 


side more spectacular and egwosive wuxfe- 
The latter wul now exclusively command his . 

The neolithic stone axes, the Angfo-Saxon 
urns of buraidtedhrown-earthenware, the small 
bronze figures cast around 700 B. C. in south- 
ern Italy, the dozens of objects from much 
further afield, in Ethiopia, India or the South 
Seas, were not really the stuff of which “Cabi- 
nets of Curiosities” were made. 

Most were of a more modest caliber. But they 
were erf the kind collected down to the 1960s by ' 
generations of Europeans whose attitude to art 
was molded on the same pattern: an attraction 
to the object for its own sake. -, 

They always were in a minority among those 
to whom ait meant nice paintings on tbe wall 
and 18th-century porcelain and silver in -die 
dining room. Bat their role was oDnstdoabte. 
The preface to the catalogue notes that 16th- 
century cabinets of curiosities are ultima tdy the 
source to wfaicfc the origins of present-day muse- 
ums can be traced. Its writer, the art-lnstorian 
John Harris, t hen the pwnt that in later 
centuries hundreds of miscellaneous collections 
were sumlariy formed in British country houses. 

cally classify 1 those walking into thetr shqps -— 
oo one said “gallery” in. thtraflmpteteab® 8 
days — "between “important” La visibly 
wealthy? -ami ummjwrtam visitors Nof did 
they 'treat inexpensive art a? unimportant. A 
collectorwas a coDecra;andartwas.arL - . 

A photograph in Sotheby's catalogue, shows 
McAlpme m a corduroy suxt, hair tousled, with 
a laugh in his eyes as On .ids lips, as he stands 
with hisback; against theshdves where a bronze . 
cross called “Byzantine” in' the catalogue 
stands underneath a -Peruvian silver pitcher 

probably datingfrom the I glh, century. . . . 

The casual attitude of one intimately at bon*, 
with his objects is-TypkatThe diversity -of the 
objects is equally reyeaSngaT a curioaty of the . 

boycrs^^Sld^flit"^^imffikct bnk^-brac- - 

way with V itd sHp* almost of ***& :<.. 

Britain: Only sonwoe ■ ' ; 

would stop to look at tile pot, art ... - 

mendaLnom Gboisy^Ra • - 

partinent northeastwFans.wima nneaupp 

jfrd TiwBgdectnaribn. which sold last wedtg fv 
£16l7fwar away one could sector sralM . ' 
T?/-inflnrv3*rirJ^versk»bfthe8rt ma vasewiih . t • 

- finer Jt rose- to £391^^ 

The *aine close intention kd AfcAifHBe-fft - 

DOT a* buu» jbip«, * — cy;- p ; — ~.r r r < 

Europe to- fie Gennanm invasions." 
There were bracelets, ‘ small rii®s, GbtiIae, the 

Than meets the amnfonhed eye: - 
• The Penman pitcher apes bade to theKe-- 
oaissaoce, re its Spatim - interpretation, a2 ?d 
beyond hariBbadc did pot dash 
in a gathering of objets d’art that included 

“priorities” uutst havebeeri intrigued by 
biass figure of Saint Christ opher can ying , ; 

infant Jesus an Ins ftoulder from Ijih-centtnyU 
Flanders — more often see n on jFla rash p aneffc 
Anotter lover of cariosities got iton Feb.l7far 

£i^07- ■ . . , 

A renowned dealer sells 
off objets d 9 art collected 
over. several decades. 

greater extent by an Indian figure of a woman 
Bolding up an orb topped by/a cross. SorhefeyV 
cataloguer Was so. totally nonplu ssed that ^- a ^p^edy figure” and entered it as a.; 


Alistair Me Alpine, with some of his small treasures. 

E VEN more important, however, were 
thrir successors, da: thousands of pri- 
vate collections of objets (Tart of cv- 

by people who never saw themselves as building 
up cabinets of enriorities. 

They would have scoffed at the idea. This was 
not an age much given to art historical discourse. 
You lived with, your objects, but you did Dot talk 
about them other than to fdlow collectors, to 
brag about your latest find. Things were that way 
in the 19th century as literiimre shows — in 
Balzac’s “LeCousm Pons," the GoiKXwrt broth- 
ers' diary, add countless passing references — 
and continued into the early 1960s wixn 
changes began to set in. 

It all resulted in a drastically different artistic 
environment from what it has become, both in 
terms of visual surroundings and personal rela- 
tionships. This very private world was in many 
ways more “democratic'’ than k is today. Ait was 
abundant because it kept being recycled in the 
same places, instead of being scattered world- 
wide, sucked into mushrooming museums, and 
transformed into status symbols. Therefore, it 
was incomparably cheaper as wdl as more in- 
stantly available. Collectors could come from 
the most modest backgrounds, and often did. 

Great dealers in the field of objects were 
approachable. Most of them did not antamati- 

many works that the French refer to as “Haute. 
Epoqnc," literally “early paaod.” me amngpre - . 
classical Lotos XIV; austere and unadorned 
But the pitcher was unusual, fascinating area, 
with its shape borrowed from Europe, its enri- 
oqs vertical grooves miriniezpreted by an artist 
unfamiliar with European-style ribbing, and its - 
craftsmanship betraying me Andean Indian 
fashion of hammering auverinio shape. . • • . 

The cross was unusual tori. It is not Byzan- 
tine, as Sotheby's calaLognejsays. It is typically 
Armenian with its wkhr anrp ending wnhdus- 

tersef three hoBowedout disks that once had 
preciou s or semL pr e d o m stone insets — -mccfi- 
evalists call the. type a "botonfce cross” —^aod 
probably dates from the 10th or 11th century.. 

In the event, the two objects (fid not fetch's 
vast amount. The Armenian' bronze cross went 
for £828. (about 51,225) and the Peruvian silver 
pitcher wnh vertical grooves for £977.50. Anoth- 
er Peruvian pztdier with a snake hamHe, agam 
curiouriy edwing a European llenaissance idea 
borrowed from Roman Anriqtnty, made £509. fit 
I960, aD three would havespld wdl tmderilOL - 

Hrmdreds of other objects in tbe sate were 
dearly bought hy McAlpinfcout ofconAkter- 
it Would \mp £ They a fascination with 
early transitional periods, with comnniBities, 
anywhere in the world, steaddlmg d if fere d , 
even opposing cultures, and with the divageitt 

ncncoinadttalfyj characterized as fmosthr Ind^ . 
1 9th coamiy” The figure locks it mtark a m y Eke 1 . 
chess -piece (it stands- on a typical circular hasej. ' 
and, tobe^edse, like the qaem in a chestjet 
obvioustjr matte for the Enghrifc What is unusoal. 
is that it is splendidly carved with, a ddightfnf j 
hwnm that mmt have appealed to McAJpUK, • v •. 

routes taken by art fbtms born of a boimnCn 
stock. The dealer must have relished haring on 

stock. The dealer must have rdished haring on 
his shelves an ovoid earthen jar turned Ira an 
Egyptian potter around 3200 B.C (jt sold at 
Sotheby’s for£483)and a 14th-centuiy jar frem 
the IJjiome cultnre in Mali colored in the same 

•lAt-.i'. •' i mini" ■■ I 

Parliament V otes to Let Christo 

t f .. ! Tw ^ T. •’ - 

people from even thinking about it." He added that offers from 
western coDectors and museums still regularly cross his desk. “Now. 

Western collectors and museums still regularly cross his desk. “Now. 
everybody knows I am saying no.” he said. “I do so in different ways, 
depending on how I'm asked; sometimes, it's rather crude." 

As for tbe Russian Orthodox Church, the problem is conflicting 
Yeltsin decrees: tbe one proclaiming the inviolability of museum 
collections, another assuring the church that its looted icons wiD be 

By Steven Kinzer 

AW York Times Service 

B ERLIN — The German 
parliament gave tbe con- 
ceptual artist Christo per- 
mission to wrap Germa- 
ny's best-known building, the 
Reichstag in Berlin, with a million 
square feet (about 93,000 square me- 
ters) of synthetic silver fiber. 

The project, which Christo plans 
to realize next year, will be one of 
the most extraordinary and monu- 
mental in modern art history. 

By wrapping and unwrapping the 

“The threat from tbe church is greater than from the republics," 
iotrovsky said “We are trying to work out short-term loans for 

Piotrovsky said “We are trying to work out short-term loans for 
special occasions. In Russian church history, when an icon was old it 
was thrown out and replaced by a good copy or a new one. When it 
was replaced it was no longer holy, and could then be admired in a 
museum as an In churches, visitors are often unwelcome. We want 
these icons to be seen by all of mankind." 

building, the artist seeks to portray 
the end of an era in world history 
and tbe beginning of another. 

Christo has worked for more than 
20 years to win approval for tbe 
project. It came after an emotional 
debate that touched on deeply sen- 
sitive issues of German history and 
the dignity of tbe Reichstag, parlia- 
ment's once and future home. 

“This building has a unique his- 
torical meaning,” a member of par- 
liament who opposed Christo's 
project, Burkhard Hirsch, asserted 
in a speech Friday. “It is not for 
wrapping or packing." 






u ua 







03333337 • 
CBiHslM : 



The most ;mr'C.Ti;:n; inierraiiistnai t .iir for pjincmes. ant rvf 
Tc'Mtr'sc erts :;r.d modern in’ir.riii'j and >cninmro 




1 . 2-20 MARCH 1994 

Monday - Friday I i .00 - 20.00 
Saturday & Sunday 1 1.00 - 18.00 

Inio Tel: (2 1-73 ) 145165 

But a legislator who supported 
the project, Ulrich Briefs, said it 
would be “a spectacular statement 
against German nationalism and 

Christo, the 58-year-old Bulgari- 
an-born artist who has won lame 
for massive outdoor projects 
around the world, has said it will 
take at least a year for workers to 
prepare the fabric and cables need- 
ed to wrap the Reichstag. He plans 
to wrap it for two weeks during 
April or May of 1995. 

Friday’s vote; 292 in favor and 
223 agamst, was not as dose as bad 
been expected The surprising level 
of support, which crossed party 
lines, was due largely to Chnsto s 
intense lobbying in Bonn over the 
last two years. 

Jubilant after winning the vote, 
Christo, whose full name is Christo 
Javacheff, called his victory “a dem- 
onstration of the power, m a gnitude 
and fortitude of the project” 

Asked if such a historic edifice 

could legitimately be tranfonned 
into an artwork, Christo replied: 
“Everything in the world can be a 
subject of a work of. art, everything 
from the humble flower to the im- 
age of Jesus Christ and God.” ‘ 

Fofitical and business leaders in. 
Baffin strongly support the project. 
They estimate (hat it will injectmore 
than $300 millkm into tbe local 
economy, and predict dial dining 
the two weeks when (he Reichstag is . .■ 
wrapped, tbe dty will be packed 
with hundreds of thousands of via- 
tors from around the worid. 

Under .Christo's pi™, industrial- 
strength fabrio is to be .cut and 
sewn by about 200 specialists at 
plants in eastern Germany. Four 
hundred workers, led by experi- 
enced mountain climbers, w31 t ake 
four days to mount the fabric and 
secure it with 25 trifle s (40 kUome- T 
ters) of tope and cable. 

Christo has promised to bear all 

the costs himself, financing the ' 

project through tbe sate ofdraw- 


Christo jubilant after vote. - 

aim other mem- 

auction sales 



9 , Rue Drouot, 75009 Paris -Tel: ( 1)48 00 20 20 . 

The Reichstag was built-in 1894 
when Germany was still a monar- 
chy, was from a second-floor 
window there that die German re-’ 
public was proclaimed in 1918, 

In 1933, the building was 'gutted 
m a mysterious fire that Chanceflo^ 
Adolf Hitter used as an excuse to 
impose emergency rute and arrest - 

Twelve years Tattr, Soviet sSSere 

Galerie Saqqarah 

Route Ncueret - 5"S0 Gsiaad 

Tel 4 1-.50 1 :4 51 - Fax iI-30-i-62 ”2 




wishes tn purchase old 



clicks. (liWiiUu cjscs. (Vivnkr boxes, 
Jcsk Kccsvirics. phmi* frames, etc. 
Please comae! 1 


Teh 071-930 8b0b Fax 071-839 5834 

deal in 

English Paintings and Waleroolours 
Oriental. Asian and Islamic Art 
Jewdkry ■ Textiles • Medals 
Coins • Bullion - Banknotes 


SMNK a SON LTD, s. * ft 7 XWC ST. 
ENGLAND SW1V bQS. TEL: 071-930 7888 
FAX: 071 -KW 4851 TELEX; 916711 

Fair Inforuafioii 

Tel: 407J20.2690-USA • Fax: 407JS203180-USA 

Travel & Hotel Information 


Td: 305^57.0617-USA ■ Toll Free: 800J126^972-l]SA 
Fax: 305.854 -3872-USA 

Tuesday, March 1, 7994 

01 & ibe bu3dm£&Ttth» 
spriaefoed' dif 
the Nazi fictatorslq). 

For years afterward, tbe Rrich- 
stoa remamed an empty sheQ. Tbe . 
BeEun Wall, which was erected in 
1961, ran just bdiiod the easterii 
facade. : ■■ 

. On the night of OcL 2r3, 19?4 - 
hundreds of thousands of ecftjmc / : - 
Geahana gathered in front of the! 
Rrid«ag toceWhate tbe umfiq^ : 
Son of their cwinfiy. Parfianont 
later voted to retun from Bonn to ' 
its traditiasialboiiK m BcriirLlthas 
already held several Kssions in’ the 
Rrach st ag^aadis expected tomovfc 
there permanently in 199?. . ' 

" Although. . Chancellor Helmut : 
Kamcatary afly, Wolfgang ,ScWo-- : 
hte, ddivoed die principal address 
agripst Chrisftfs propoaL 
- “I have gitat respect for Chris- 
to's. works and aduevemcab,” 1 
Schanble said. “He ^art seems' to me - 
to have great aesthetic valnc.aadd 
[Carries ns to see dungs in new 
ways. I have been icoprcssed by his ' 
wcaicvsach as the imnds in lwi- 
da that b& annotmded with rank, 
fabric, the umbidla landscape be 
erectedin J^an and Calforasa, die 
gM tffe aoe heb^^^ Crf«7K 

"Bat nty dc?r coSeagnes, dx . 
Reicristag -ja not the Ponl-N«uf. 
The Rridisrag is a major peffideri 
symbol, a tymbcithatHke no other 
represents, the heights and depths 

19, me de b Gange Barefiere. 75009 PARK. TeL: (1) 48.00^9.44 - to Q) 
•is. 009 a 58. - 


Thursday, Meath 3, 1994 ~ : . 

Boom 10 ai 1.30 p.m. - CANES, HUNT, MARINE. HISTORICAL 
SOUVENIRS. MILLON-RODERT, 19, rue de b Grange Batdten* 75009 
PARCS. TdL tIJ - Fax: (IJ 4a00.98.58. - 

; Monday, March 7 , 1994 — - — 

Room 1 ar 2.15 pm - JEWE 1 RY, OWETS DE VTTRrNE, MINIATURES, 
SILVERWARE. Experts; MM. DcrtnuL Stetten, de Sevirv ADER TAJAN, 12, 
me Fa van, 75U02 PAWS. TeL: O) 42fiI.fiO.07 - Fax (1) 42fil J9.57. In NET 
Ti"ORK ptease contact Kcity Msnsonrouge & Co hr. 16 East 65th Snwt, fifth 
floor. n,Y. 10021. Phune ul2J 737 35 97/737 38 13 - Fax (212) 86 J 1434. 

Wednesday, March 9 , 1 994 r — = — - — , 

19. rue dc b Grar^e IkBdtere, 75009 PARIS. TfcL (D -810099.4+ - Faxr(l) 

Room 1 at 215 run. - Madame J. P. Goflectioas Fitim Hil PETtET estate. 
MODERN PRINTS, Expats: Mrs Rousseau, M. Rranand On view at Mis' 
Rnusseaus (TeL: f 1) 47.70W50) from 2R Fehraary to. 4 March. ROMANTIC 
ILLUSTRATED HOOKS. On view at ttw Expert M, Courvoisiw CTeL U) 
45 4R30 581 from fal U> 7 March ADER TAJAN, 12 rue Favart. 75002 PAWS. 
TeL U) 4261JO.07 . Fas (tj 426LJ9-57. In NEW YORK please contact 
Ketty NtoonrouRC & Co Inc. 16 East frith Street, lath floor, N.Y, 10021: 
Plume <2L2» 73T 35 97/73? 3H 13 ■ Pax; (212J flfil 14 34. 

Thursday, Month 10, 1994 

Room B at 215 p.m. - ANTIQUE AND MODERN ROOKS. On view at the 
Expert; M. Mcmflre (TeL (D 42fi6.6R32) from 4 1«>7 Match. AI«R TAIAN^ 12 
me Favart, 75002 PAWS. TeL: (I» 42(51210.07 - Fax.- <11 4261 .39.57. m NEW 
YORK please tnron Ketty Maisonruune & Co Inc. 16 East 65di Street, ffflfa 
floor, N Y. 10021. Phone <2121 7J7 35 97.'737 38 13 ■ Fa* (Z12J 86 l 14 34. . 

Monday, Modi 11. 1994 ; v ’’ 

Boom 5 at 215 p-Ui. - XVnhh AND XlXih Century FURNITURE AND 
OH/ET5 Ij'ABT. Experts’. MM. llilUe. ADEK TAJAN, 12 nK Favnfl, 75002 
PARIS. Td. ; (D 4ZAURM7 - Fax; (1) 426lJ9.57. ln NEW YORK please 
amort Keay Maimarouja: & Cii Inc. 16 Em fifth Street, fifth flooc N.Y. 
10021. Phone <2121 737 35 97/737 38 13 -fire (212)861 14 3*. . • . -f 

10 20 

MAfM’H 1 5>JM 


ILE DE C 1 1 A rot 

gjta'h • ‘■TT \" ‘V^ 1 pi 1 j'm 


i *y 

. .. / 


■ . ^ 

fin o look at so* a Wide range of ol$ei* »■ 
■ . fait with a romm eye free of prgtt 
J . (See was typcal atan agewrienpreoev ... 
■ * - deuce wmgiveatotittvisarioverftcT 
concqmail. Surrounded Jty objects, e^pqsed.j^ .. 
many more on a daily basis in shops, at auction 
and m their crooks’ houses, dealers and coQeo; 
tors teamed firom the ofgects and cmlysecandaai 
tyfrom books. There wai ftapienx hazincssak 
macctnacy cf historical tietaffi m desaqrtitSBf 
but greater vhual diar p n a s in aesthrtb ; ‘ - 

pedioirian and in d ete inanin g authenticity^ ^ ^ . 

The museum scene reflected this. Cte^ificT'' 
wbote, the preccding generations of curatopt..-,. 
bo ught matydondy wdB, for beauty^s sake; noe . ; 
to SlI mg^s: Th^ were ctdfcciOTS, operatir!|‘ " 
oh behrif of the public, more ihari spedafiBto 
busy writing heavily footnoted articles Jot : 
learned journals. Mosesm labels did not totT 
ffikeexoerpts ftonTa cmqjressed doctoral .... 
sertarion. They were sborL •• 

•..§> wot auction catalogue entries — Vtorf* * 
morrimse style of theCofoEOBdc auction ■■■ 

n^^M^rotSqiriti»/^arewasinDQhh« ' 
•pa^»»dgreat-fm.Tboreoffkially mvolved- - 
p an often kpew what they were looking at,: ; - 
even if they did oot know what jbey were 

! < 

! , I,-: * 

j A- ■ 


• f*BT ^ 

. rgjpt ^ 

; ar-:“* 

; Ja.-'.-r* "> 

International Herald Tribune, Saturday-Simday, February 26-27, 1994 

Page 9 

THE TRIB INDEX 1 1 445 If 

International Herald Tribune World Stock Index composed of 
280 VttefTffiljcnaltylnvBstabtestocks from ^ countries/compiled 
by Bkxxrtt>erg Business NewsjJarL 1,1992 *100. 

World Index 

^ ' ^-r • : /' if " :,J c 11 r; . 1 ’ J ' :3 

• ■ . •*- ' •'* •--- 
. r •/.* *• - - v ..._v 

•• • s -.- • 9 

: * l 

D • J -. ~-F- 

.. • 19N 

g Asia-Pacific 

Europe | 

- AfvKKiidghlog:32% • 


Approx wigitnff 37V - EWffil 

Close. 13033 Prmj131.78 


' .Ctesa 11357 Pbk: 11849 QQ 

'«■ \'-r— 

' - » 

■*• ; •■: ' 7' 


North America 

Approx, wgbfing: 28% 
OosxSGZiPm .-9SM 

J 1? v- s: O N ; .D . J F 

r Jflflf b MQQ «lftJ 

* JwH * I^Ki V •** 

Latin America 

^ppE». weighting; 5% 
floss 134.72 PlwC 13&54 

r::7 ' v .7 

S O N D J F :s , O . N ■ D • .J F . 

■ iiw - im,> ms :, _' . ....-in*. 

M ****** 

ftw factor mett U.S. dbfer values ci stocks fa- Tokyo, Nm York, London, and 
Argentina, Australia, Austrtt.MgfcnM. Btoztt, Canada, ChOa, Dannmric, Rniand. 
Franco, Germ an y, Hong Kona ttafy, Moadco, NaBia ria nda. New Zaalaad.-NonKay, 
SfcigQWtQ, Spain, O eetie n, Swtaerliana and VOna an a la . For Tokyo. Nan’ York and 
London, Ota Maxis composed cf Pm 20 tap bstiea-to tamo cf.madat eapbatea t fcn. 
oOwvrisatho ten tap sstockaaro tracked. 

Industrial Sectors 

Enaqy tll.62 11189. -&24 C^MSeods , 11238 112.47' -O.OB 

UM* 124.09 124.84 -03? - fttelMrtH* ' , s . 119.06 11MB -0JQ2 

Bnmea : . 13X13 121.0* -0.75 Conranwepocik ,99.87 39.50 4027 

Sandal I 32 . 6 O 723.02 -0.34 Mh c— M W m94 128-84 *023 

For more Information abort #b ind^atxxi^lsavaStit^ frge otdwge, '■ 

Write to Trib Index, W AwmeCtmtes da Gaute, SB^ Neatly Cede* France. 

• eMomatonatHaraMTitxm 

Bond Fall 

Turmoil Presses 
Stocks os Well 

Carolled by Ov Staff From Dispatches 

■ FRANKFURT — German and 
French government bond futures 
plunged zn heavy trading on Friday 
as the European sell-off in bonds 

, steepened, ■ . 

Although MS. markets were rel- 
atively oum and there were no new 

Asian markets worried by shifting 
U.S. interest rates. Page 13. 

major factors moving the market in 
Europe, dealers said that investors 
and traders were attempting to flee 
the market 

The market was unsettled in par- 
ticular by concerns that data on 
.Germany s money supply for Janu- 
ary would show worrisome growth 
andprompt an increase in rates. 

“we heard the same rumors to- 
day as we heard all week — Ger- 
man M-3 will he terrible in Janu- 
ary, the Bundesbank won’t cut 
rates again in the near term and the 
political situation in Russia is stiD 
unstably” a Frankfurt dealer said. 

Some analysts predicted the 
money-supply data for January, 
scheduled to appear early next 
week, expanding at a rate of 10 
percent to 12 percent on an annua- 
lized, ' seasonally adjnsifd >««« 
The rate calculated for December 
was 8.1 percent. 

■ Some dealers said that the mar- 
ket psychology is so bearish the 
■ market is unlikely to turn around 
next week even if the current sell- 
off wave abates. 

“The mark et is just taking a 
break before the next downturn,” 
said Torsten Bochler, a bond ana- 
lyst at UBS in London. 

French bonds were sold off as 
domestic and foreign investors 
i ffl i timiwi to dump bond futures in 
order to i^y- against further 
losses, trades said. 

, The 1 0-year French bond futures 
contract dosed 90 basis points low- 
er on Friday ai 126.04 envoi mne of 
about 328,000 contracts. For the 

See BONDS, Page 10 

Kiwi Finds Glide Path 

Workers Taking Ownership Seriously 

By Adam Bryant 

Mew York Tunes Service 

NEWARK. New Jersey —At Kiwi Internation- 
al Air lines, good help is easy to And. Flight 
attendan ts volunteer for top-to- bottom cabin 

lunteer for top-to-bottom cabin 

deaning of new Kiwi jets. Pilots pick u p tra sh 
under «a»« between flights and mechanics drop in 

under «a»« between flights and mechanics drop in 
an travel agents for a little s chm ooz ing , 

This esprit de corps is not just altruism: Every 
Kiwi worker invested 55,000 to 550,000 in the 
airline to help get it started 17 months ago. 

Because Kiwi's entrepreneurial culture contrasts 
so sharply with the rigid work rules that govern most 
airlines, the start-up carrier is one of the best exam- 
ples erf how employee ownership can dissolve the ns- 
versus-them mentality of labor-management rela- 
tions through modi of corporate America. 

Many corporations are trying to copy the suc- 
cess of Kiwi and other employee-owned compa- 
nies in aligning the gods of workers and managers. 

The number of UJS. companies in. which workers 
own a stake has drama ricafiy risen since the 1 970s, 
to about 10.000, with roughly 1 1 million employees 
at companies of all sizes taking part in stock 
ownership plans. 

But in only a quarter of these companies do 
workers own a majority of the stock, as they do at 

The government and many analysts say employ- 
ee ownership could be especially effective m the 
airlin e industry, where labor-management prob- 
lems are especially deep-rooted. 

The industry, hairing lost more than $11 billion 
since 1990, is grasping for ways to be profitable 
again while offering low fares. Many airline execu- 
tives see high labor costs as a barrier to reaching 
that goal, and consider employee ownership, where 
workers often trade lower pay for a stake in their 
company, as a promising solution. 

Trans World Airlines and Northwest Airlines 

have embraced employee ownership in the past 
year and United Amines is considering the possi- 
bility, bat it is Kiwi that is leading the trend. 

“Kiwi is an ongoing success story in an other- 
wise bleak airline industry,*' said Kenneth P. 
Quinn, an aviation lawyer and former Federal 
Aviation Administration chief counsel, who has 
flown on Kiwi. “Employee ownership is going to 
be the wave of the future for the next decade. 

Labor specialists said far more was needed for 
employee ownership to work than an accounting 
change that puis stock into workers* hands. At 
Kiwi, there is a cultural difference — one that 
stems not just from employees* owning 75 percent 
of the company, but because almost every employ- 
ee shares the experience of having lost a job at 
another airline. 

Robert W. Iverson, the president of Kiwi, lost 
his pilot's job after 18 years with Eastern Airlines. 
The bead of maintenance was a 32-year veteran of 
Ran American World Airways, and at least one 
ticket agent worked for Midway Airlines from the 
day it started in 1979 to its Final flight in 1991. 

As a constant reminder of their shared past, the 
workers named their new airline after the flightless 
New Zealand bird. 

“We always knew there was a better way to do 
it," Mr. Iverson said. “But nobody ever let it 

With 200 employees and two jets. Kiwi sent aloft 
its First flight, from Newark to Atlanta, at 6 a.m. oa 

Sept. 21, 1992. 

Kiwi now has 30 flights a day among seven 
cities: the Florida cities of Tampa. Orlando and 
West Palm Beach, along with Newark, Chicago, 
Atlanta and San Juan, Puerto Rico. 

The Kiwis, as they call themselves, knew that 
their airline's name , painted on their planes in teal 

See KIWI, Page 10 

U.S. Talks Down Inflation 

Compiled by Our Staff From Dispatches 

FRANKFURT — Inflation ap- 
pears to be “well under controT in 
the Group of Seven industrialized 
countries, a US. Treasury official 
said Friday in an effort to sooth 
nervous financial markets before G- 
7 fitnmre officials meet Saturday. 

The potential for short-term in- 
terest rates to be affected by the G- 
7 deliberations and for the confron- 
tational atmosphere be tween the 
United States and Japan on trade 
issues to be r^hanw-ri weighed 
down the dollar Friday. 

In New York, the dollar closed at 
104.80 yen, down from 104.90 yen 
Thursday, and at 1.7110 Deutsche 

marks, compared with 1.7169 

The Treasury official said the re- 
cent rise hr global long-term inter- 
est rates was driven more by in- 
creased credit demand stemming 

Japan pbns market-opening aea- 
sres. Page 13. 

from faster economic growth than 
by rising inflation expectations. 
But he acknowledged that rising 
bond yields were something that 
needed to be monitored closely. 

“It's certainly something we are 
watching very dosety," be said. 
“My guess is that it reflects some 
kind of speculative correction.” 

The offida declined to say if the 
G-7 would use Saturday’s meeting 
to convey to financial markets that 
inflation was under control. But be 
noted the G-7 did not plan to issue 
a formal communique after the 
talks — a point stressed Thursday 
by U.S. Treasury Secretary Lloyd 

Securities markets around the 
world have been under severe pres- 
sure in recent weeks, partly in re- 
sponse to a rise in Ui». short-torn 
interest rates early this month — 
the fust UB. monetary ti g ht e ning 
in five years. 

Economists have been generally 

See G-7, Page 10 

EU Expected 
To Ask Japan to 
Cut Auto Sales 

By Steven Brull 

International Horrid Tribune 

TOKYO — With an outlook for 
flat car sales in 1994. the Euro pean 
Union is likely to ask Tokyo to trim 
automobile exports to Europe and 
inflict further pain on an industry 
squeezed by the strong yen and 
trade demands. 

-‘Nobody is optimistic,” Guy 
Crauser, an EU official, said Fri- 
day at the conclusion of two days 
of talks to assess market demand 
and set a ceiling for Japanese auto 

“We think, and the Japanese ride 
thinks also, that the reduction of 
the market has bottomed out, but 
there will be no real increase.” 

Both rides hope to reach a com- 
mon market forecast quickly, pos- 
sibly as soon as the next meeting in 
mid-March. An early agreement 
would help companies make ad- 
justments to production and distri- 
bution systems that extend over 
continents and can take months to 
complete, he said. 

Mr. Clrauser said Brussels fore- 
saw a no-growth scenario, while 
Tokyo held out hope for a slight 
increase. But in either event, ex- 
ports of Japanese cars to Europe 
are likely to decline slightly this 
year, although overall Japanese 
market share in Europe could rise if 
production at “transplants" rise. 

In 1993. Japanese expons were 
slashed by 18 j percent to 980,000 
units, based on the accurate esti- 
mate that demand in Europe would 
fall by 15.9 percent. 

The process of agreeing to a fore- 
cast of European auto donand and 
setting a ceiling on Japanese exports 
was established by a 1991 accord 
that bought time for tbe European 
auto industry to make itself more 
efficient before facing unbridled 
competition in 1999. Once a consen- 
sus is reached, bureaucrats in Tokyo 
give “administrative guidance" to 
Japanese automakers on appropri- 
ate export levels. 

Officially, the accord does not 
take production at Japanese trans- 
plants in Europe into account. But 
last year's deal, which saw Japanese 
exports decline more sharply than 

overall demand, was tacit acknowl- 
edgment that both sides factored 
increases in transplant production 
into their decision. 

Similar calculations are likely 
this year. But it is far from clear 
that an agreement to trim exports 
further would make much differ- 
ence. Tbe surge of the yen has made 
Japanese cars more expensive 
abroad at a time when recession 
and unemployment in Europe are 
making consumers more cost-con- 
scious. In January. Japanese ex- 
ports of cars and tight commercial 
vehicles to Europe plunged 37.8 
percent to 128,000 units. That was 
worse than the overall decline of 
26.5 percent to 390,418 units. 

Honda Motor Co„ Nissan Mo- 
tor Co. and Toyota Motor Corp. 
have assembly plants in Britain 
that give the companies an ability 
to boost production while insulat- 
ing themselves from much of tbe 
impact of the yen’s appreciation. 
But Mitsubishi Motors Corp. and 
Mazda Motor Corp. have yet to set 
up European plants. The broader 
Japanese industry will be pinched 
by (he export decline because Eu- 
rope is the industry's second-big- 
gest export destination and among 
the most lucrative 

On Friday, the industry, which 
produces two-thirds of Japan’s 
contentious $60 bfltion trade sur- 
plus with Washington, was urged 
by Trade Minister Hiroshi Kuma- 
gai to take so-called voluntary mea- 
sures to help the U.S. industiy sell 
more in Japan. 

“The U.S. ride is not hiding its 
strong frustration and dissatisfac- 
tion," he said. “We should lake this 

Early next week, major auto- 
makers are expected to begin draw- 
ing up plans for expanding their 
purchases of parts from the United 
States. But while Nissan, Toyota 
and other major companies are ex- 
pected to publicize their plans, sec- 
ond-tier companies remain reluc- 
tant to follow suit. 

The Transport Mims try also an- 
nounced plans on Friday to post 
staff permanently in Detroit to fa- 
cflitate inspection procedures. 


France at War With Foreign Tongnes 

U.S. Business Pleads for Looser Export Controls 

By Barry James ’ - 

iTOernoriond Hcroid Tribune .. 

PARIS —If tbe FremigpwennDeni has its way, 
Ford Motor Co. win 6c in troohie if it continues to 
advertise Char its cots came equipped with “air 

So wifi Wall Disney Ox, McDonald’s Corp., 
Coca-Cola Co.' and a host of other American and 
British, companies that include English words and 
' phrases in their advertising. 

- The government this wedc .jntroduccd a'paiiia- 
meotaiy btQ to make French obfigaiory and twn 
foreign txpressarisin virtoaQy all business com- 
munications, including advertising me ssa g e s . 

Although most costnmexs will probably go on 
talking ahonf air bags. Ford wiH tiros have to make 
sure, to call the devices coussaa gaifloblcsdeprotec- 
ricn. . 

Thai k an ^extreme, example- Elsewhere, Culture 
Minister Jacques Toubon is on finner^ -ground 
when be asks why perfectly good and descriptive 
French words axe shouldered aside by BtgK sh. 
expressions that do nothing to clarify meaning. 

why, be asks, fcr esranqjle^ should-the train that ; 
one daySmir<xm'vey passengers under the Engpsh ' 
OumneJ be called Le Shuttle ^ —a piece of franglais 
that sounds ugly on French tongnes — rather than 
LaNavette? : ' • 

There is nothing new- about the campaign to 
protect French against alien, oartictilady English, 
invasion. A major law in 1975 flanked by seyaal . 
decrees established the principle that with few 
exceptions French must pc a i angnage of science,. 
technol ogy and commerce, after having been, re- 
garded for centuries as the l a n gu a g e of love and 

The government set up a Commissariat for the 
French Language, which regilariy issues a thick 
dictionary of offixiaHy accepted neologisms(itcan 
be consumed via Mhrnd, the national tetetex ser- 

vice). There is also a special nmrisoy for relations 
with other Erendt-rooking countries. 

Bttt as the Ford ad suggests — and examples tike 
that can be found by the score — the law is widely 
ignored. Bo pervasive has the use of English be- 
come in science and technology that the Pasteur 
Institute in Paris decided amid protests in 1989 to 
publish its scientif i c annals in En glish. ]( said at 
the timcribat “95 percent of the original and 

Thegovemmeiit, long 
opposed to English phrases, 
wants to ban foreign words 
in business communications. 

significant works in the biological disciplines are 
published in E qgEriti both abroad and in France." 

■ The new government bill states that in any kind 
of business comratmicatkm. “recourse to any for- 
eign .teem or expression is prohibited so long as 
there is & Frencn torn or expression in the same 
sense." • ' 

. With the. exception of meetings that concent 
only foreigners, -congresses and conferences may 
not bdd in France unless French is erne of the 
official languages, the MI goes on. 

French must be used exdariveJy in all loans 
an<6o or visual broadcasting whb the exception of 
movies shown in Ibeir original language with sub- 

- . No person or society, the hill says, can set up a 
company in France that contains a foreign ward or 
expression, unless they can prove that there is no 
way of expressing the concept in French. 

. Police and other agate of the state will be 

SeeFRENCH, Page 13 

By Lawrence MaBrin 

International Herald Tribune 
NEW YORK — President Bill 
Clinton is asking Congress to ap- 
prove a streamlined version of 
America’s Cold War export con- 
trols that immediately drew angry 
criticism from business. High-tech- 
nology companies said they would 
stfll be at a disadvantage against 
European and Japanese competi- 
tors operating under even-looser 
national controls or none at all 
The proposed legislation has 
been the subject of intense lobby- 
ing, which will continue more nois- 
ily on Capitol Hill, especially in the 
competitive field of telecommuni- 
cations and computer software 
where U.S. exporters have an edge- 
It represented a balance among 
commercial, defense and diplomat- 
ic interests within the government 
and finally had to go to Mr. Clin- 
ton tins week before being unveiled 

Resolving a dispute pitting the 
Commerce Department against the 
and Defense departments, 
the president decided to seek power 
to withhold U.S. goods even if 
America’s allies refuse to join it in 
punishing countries gnflty of ter- 
rorism and human rights violations 
or in preventing the spread of nu- 
clear or other advanced weapons 
technology to suspect regimes such 
as Iran and Iran. Even so, the nu- 
clear non-proliferation lobby 
found the proposed new law too 

Under the bid law expiring this 
year, export bans for almost half a 


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Cnanped /Mtiaao. Crete! Lrannou. 


AM. PM. OiTe 
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LoodOfi 37740 37195 +135 

HMYOTk mat 379J0 +220 

UA (Boors w a*a*c». t«iawioWeto/H*- 
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Source: Reuters. 

century were imposed mainly 
against tbe Soviet Union and East- 
ern Europe and handled by CO- 
COM, the Coordinating Commit- 
tee for Multilateral Export 
Controls based in Paris. It goes oat 
of business at the end of March. 

State Department officials ac- 
knowledged they had not obtained 
agreement on a multilateral forum 
operating under much more com- 
plex objectives to replace COCOM, 
even though they pressed hardest 
for presidential discretion to con- 
tinue export bans when dictated by 
UB. politics, morality, or security 
considerations such as tbe North 
Korean nod ear program. 

They are trying to strengthen 
separate and often permeable in- 
ternational committees that now 
exist to deal with missile, chemical, 
bacteriological and nuclear tech- 

Without such a central commit- 
tee and perhaps even with it, U.S. 
business fears it will be left high 
and dry by a flood of exports to 
suspect regimes from other coun- 
tries or even its own subsidiaries 
abroad. Mr. Clinton tacitly ac- 
knowledged the extent of the prob- 
lem Thursday by lifting restrictions 
on a wide range erf computer ex- 
ports valued by officials at up to 
530 billion, as he had promised 
Silicon Valley companies last year 
be would do. 

Supercomputers are the only sig- 
nificant category still subject to ex- 
port licensing, and ibeir potential 
use in designing midear weaponry 
underlines tbe problem of what is 
called “dual use,” which can apply 

Bridgestone Corp . 
Earnings Down 
53% for 1993 

d pence Fnmte-Presse 

TOKYO — Bridgestone Corp- 
tbe Japanese tire manufacturer, 
said Friday its consolidated pre-tax 

yeaj^arlier to* SlJ^bflHon yen 
(5352 rmDioo) for 1993. 

The company also announced a 
management reshuffle, naming 
four new board members including 
Thfcao Amase, managing director 
of Bridgestone-Fiiestone Europe 

Al the same time, five members 
of the current board are being 
dropped, company executives said. 

Bridgestone's worldwide sales 
declined 8 percent during the year, 
to 1.60 trillion yen. with tire sales 
dropping lOperceat. to 1.19 triflioo 
yen. Sales of chemical products, 
sporting goods and other items de- 
clined 3 percent, to 407 billion yen. 

the company said. 

Domestic sales were down 9 per- 
cent, at 815 biUioa yen. white sales 
overseas fell 7 percent, to 784 bil- 
lion yen. 

equally to ample chemicals and 
complex machinery. 

Among those publicly seeking 
looser export controls were the 
UJ3. Chamber of Commerce and 
the National Association of Manu- 
facturers. Officials said lobbying 
by American Telephone & Tele- 
graph Ox would probably weaken 
tbe government’s hand in restrict- 
ing tbe export of communications 
switchboards and software in what- 
ever bill is passed. 

Industry threw its weight behind 

rival legislation backed by Repre- 
sentative Toby Roth, Republican 
of Wisconsin, and Senator Pally 
Murray, Democrat of Washington, 
which would end all export con- 
trols except those affecting nuclear 
technology. Bui this is unlikely to 
get past a Congress whose mem- 
bers have as many of their individ- 
ual foreign policy priorities as the 
adminis tration. 

Under the administration pro- 
posals. industiy would find it easier 
to fight an export ban, controls 

would have to be reexamined peri- 
odically, officials could no longer 
si ion requests for licenses for more 
than 90 days, and inter-agency dis- 
putes would go before a committee 
chaired by the Commerce Depart- 
ment instead of tbe National Secu- 
rity Council. 

In addition, in the words of tbe 
department, “cases may be escalat- 
ed to tbe president if necessary," 
which virtually assures that high- 
profile political disputes land 
squarely in the president’s lap. 


Union - Discipline - Travail 




The subject of this invitation to tender concerns the CAVALLY rubber 
plantation located in western region of the Republic of C6te d’Ivoire. 

Bidding documents arc available at the following address: 

6, Boulevard de Pindente 
Tel.: (2251 22 22 31/22 22 32 
Fax: (225) 22 22 35 

for a non refundable fee of CFAF 50.000 (fifty thousand CFA francs) in 
cheque addressed to the Comire de Privatisation (CFAF 1 = FF 0.01 ). 

MaLing cost for the bidding document is at the expense of the bidder. 

The bidding documents should be submitted on or before April 15th f 
1994, 18:00 hours GMT at the address indicated above. 

Bids will be opened on April 18th, 1994 at the ComitS de Privatisation in 
Abidjan, CSte d’Ivoire. 

y - 
*■ * 

Page 10 



BONDS: European Slide Deepens 

I Via Associated Pnm 

Dow Jones Averages 


Continued from Page 9 
week, the March contract was 
down 212 basis points. 

In the cash markets, the French 
Treasury's 6.75 percent bonds of 
2003 fell by 45 basis points, to 
103.69 to yield 6.23 percent. 

In Frankfurt's futures market, 
10-year government bond, or 
Bund, futures for March delivery 

N.Y. Stocks 

on Liffe, the London International 
F inancial Futures and Options Ex- 
change, were quoted at 9635 in late 
trading, 037 point lower than at 
the close on Thursday. 

“People continue to sell futures 
because they think this correction 
has further to go," one Paris dealer 

French dealers said they see little 
hope that the Bundesbank or the 
Bank of France would reverse the 
bearish trend with interest rate cuts 
and Lhat the global bond sell-off 
would just have to run its course. 

“Until the U.S. bond market sta- 
bilizes, markets in Europe will re- 
main weak," a Paris dealer con- 

The stock markets in both 
Frankfurt and Paris were pressed 
by the continuing bear market in 

The DAX index dosed official 
trading with a drop of 1537 points, 
at 2,074.92, but up from the day's 
low of 2,06533. 

In Paris, the CAC-40 ended the 

day down 937 points, at 2,198.92. 

in London, however, the FT-SE 
100 shares index rose by 13-7 j 
points, to 3381.2 points. 

Knight-Ridder, j 
Reuters. AFP. Bloomberg) ' 

■ Wall Street Holds Steady ; 

U.S. stocks were little changed 
on Friday in spite of growing con- 
cern about long-term interest rates, 
reported Bloomberg Business i 
News on Friday. 

The Dow Jones industrial aver- 
age slipped 1.12 points, to close at I 
3,838.78 Volume was calculated 
□ear 27333 million shares, off from 
341.62 milli on shares on Thursday. 

• “The higher interest rates go, the 
more likely it is that investors will 
move funds out of the stock mar- 
ket,'* said Robert Boyd, vice-presi- 
dent at Mercantile-Safe Deposit & 
Trust The yield on the benchmark 
30-year Treasury bond slipped to 
6.71 percent from 6.74 percent on 
Thursday as the price rose 1 1/32 to 
94 4/32. 

Shares of cable television com- 
panies recovered from a slump that 
sent many of the stocks down as 
much as 10 percent on Thursday. 
The decline had been triggered by 
the collapse of the merger between 
Tele-Communications Inc. and 
Bell Adamic Corp. 

Tele-Communications Class A 
shares rose IK to 24, while Add- 
phia Communications rose K to 
I7K and Cablevision Systems 
climbed K to 62%. 

Htoh Low Prav.aoaa 

IndiK 3BSLM 38SX3B 332639 363178 — 1.13 
Trara uSS? 177004 175722 17600* — ]-» 
urn 20752 2D9.14 72JJ9 20041 *1.13 
CMP 138006 1384.66 1376.90 1380.13 +045 


to Low L631 SWIM Or** 

AmericaWestSeeks Th^3f„ B J 

Stortotoiftr metric toiHott of IB tori 

Standard & Poor’s Indexes 

























Htoh Low LM SWHt Ch*i 

< U5. dooan per metric ton-lets of IK tan 
MV ' 14150 13V JX) T39J5 13950 +025 

partnership of two other airlincs and 1 

compaoy to be the lead investor “.Jl^SSSS'FxdSiOr Investments; 

Continental and M e sa a nti ng w ^ exc f l ange for V^i ' 

agreed to pump S22Q muDion mto America 

SP 500 

HM Lew amt one 
546.13 5074 S45J8 + 159 

ansa exu o&sj + wi 
16134 16038 W1J6 +658 
43.9V 4X56 4192 +036 
46048 46U6 46007 + 151 
434.15 43107 43032 +0.W 

••r'W.i Jtf * 

NYSE Indexes 

EsL volume: ilo. 

COFFEE (LCC) . . . 

Dolton per metric mt-tats at 5 ton* 

Mar LZ17 1.218 1,20 1,218 1315 1216 

May 1534 133S 1,333 1 S» 1 ,228 1*» 

Jo) 1/D2 1J34 1335 lag MR 1*55 

SOP UOI 1034 1335 1.22? tJQS 13M 

7UV 1JS3 1JSP 1,238 1,231 1532 1J33 

Est. volume ;iu. 

HtoO Low CtoM cm 

k., k r,™. v I 11 !" 


DeHart per PWlric ton-loti of Si ton* 

Mar 3215a jiun msi mi jo urn*. 
Am 31080 31450 31750 31*50 — 150 

Oct 29750 N.T. 29950 30140 - 000 

DM N.T. N.T. 2VSOO 29050 — 070 

Mar N.T. N.T. 39500 29000 — 1-09 

May N.T. N.T. 29750 30050 + OS 

EsL volume: 7B6. Open InL: 11432. 

•s’, * tr t; :'A*y.V 



Tl l l &P . 



35080 257-73 9SB57 +053 
31955 31010 31BJM +050 
26953 26954 + 156 

21655 21550 31659 + UOO 
21351 21259 71353 *0.94 

NASDAQ Indexes 

13BJ5 13BJ5 +025 

l»3S 1M2S Upon. 

W2S 13V JH +050 

U1JS 14123 +05D 

Min MUD +075 

14550 14525 +025 

M62S T4825 +025 

NO* 151X1 15035 15075 150J5 UlKfL 

DOC ■ 15135 13100 13250 13250 - 023 

Jan 15400 15350 15350 13350 —025. 

Est. volume: 12524. Oocntnf. 178522 

U5. dollara per barreMot* of 1508 ban-aft 
APT 1320 033 1356 U47 —012 

Mar . 1U4 1148 1159 1253 —OH 

JUG - uoa 1357 1174 1373 — BM 

JBl 14.16 1356 1192 1192 —013 

Am - M5B 1455 M57 T455-— 016 

S 14.38 M26 1426 1420 -023 

N.T. N.T. N.T. 1458 —014 
Nor NX NX. T N.T. 1455 -039 

DM NX N.T. N.T. 145$ —(US 

percent oroaSnp or tfaeairime. A _ West partserswas rexMvtex 

a 11-hour board mcetmg Tbarsday. a ^*^^^ 

a ijnuui uuaiu . - _ * | 

Woolworth Sees Loss on Wooico Saie 

tot 1 g 

toB 11 

Est. volumtl 31516. OPWt Hit. 132413 

Stock Indexes 

Co mpmite 


78138 78050 7B3J8 +l« 
825.19 82241 B255B +107 
MS 686.14 HUD —US 
nim HIJB -116 
88550 BS250 88550 +446 


4.107 Close Prevtms 

_Tts bw am Bid Ask 

_il6 ALUMINUM WMl Crude) 

+446 Donors per metric toa 
+0« Spot 129W 129450 129240 129100 

+MJ Forward 131U0 131550 13M40 131550 


Dollar* per metric lm 
SOOt 1K4J» 1865.00 186850 186950 

Forward 168750 188650 180X90 189250 


Oia. Dollar* per metric ten 

soot 47450 47950 46850 46950 

+ 157 Forward 48850 48950 48240 4040 


^ E^T aunasaBBU 

arse UN 

«“»“ Mi« , mmr n Wr lr *— 

+0.14 gSf Smm £S«L«I 577340 SUOOB 

+ 0.11 Forward 549000 549540 549540 350550 

NYSE Most Actives 

TU1C1 7*7 ru 7V1 54 +052 Spot 

ITUS iraS 171 JS +S3? Forward 
















47180 64V. 
44661 6VW 
39146 7 M. 
38822 15 
27430 6Zto 
26024 26U 
25151 57% 
23565 dm 
23474 32W 
2314V 59V 1 
22367 2W4 
20224 43 M, 
1B63I 38 Ml 
■■345 41% 
18388 40% 

64% 649b 

67V* 48 V. 

6 Pi TV* 
13H IW 
61 61K 

254ft 26 

559ft 559ft 

3W, 40Vft 
319ft 3214 

5794 58% 

29 294ft 

41ft 424ft 
374ft 37ft 
409ft 419ft 

39ft 40 'A 

AMEX Stock Index 

HM Lew Law dm. 
46747 46547 44745 +1.87 

Dow Jones Bond A' 

2D Bands 

10 Industrials 


125 per Index Mint 

Mar smo 32250 32680 +22JJ 

Jim 32H7J1 324U 32805 +215 

Sm 3272B 32720 33010 -HU 

Em. volume: 19A12. open hit: M Mt. 

Sourcrs: Reuters. Moffo Aaaoeh 
London fun Financial Futures 
Inn Pmtroteum exCfktWk. , 

Spot ComnodDUa 

992500 575000 596000 

+ 0-17 zinc (Special HK* erode) 
1 Dollar* per metric lac 

Market Solos 

95550 95650 95750 958to 

97X00 97400 97600 97650 

Coffee. Bros, to 
Copper Mdmlytls lb 
Iran FOB. ton 
Lead, to 
Silver, trovaz 
Steel (scrap). Ion 
zinc ib 

NASDAQ Most Actives 

G-7: Dollar Edgy Before Meeting 

Continued from Page 9 

skeptical that the G-7 officials — 
from Britain, Canada, France, Ger- 
many, Italy, Japan and the United 
States — mil come up with a tough 
enough statement to calm the mar- 

Further instability has come 
from tensions in currency markets, 
especially the yen/doDar rate, after 
Washington and Tokyo failed to 
conclude a trade accord. 

A Japanese official in Frankfurt 
said the G-7 agreed that rapid cur- 

Forelgn Exchange 

rency fluctuations were undesir- 
able and that curreacy levels 
Should reflect economic fundamen- 

The increasingly bitter trade dis- 
pute between the U.S. and Japan 
threatens to overshadow other is- 
sues at Saturday's meeting. 

Mr. Bentsen arrived in Frankfurt 
Friday and meets Jajm's finance 
minister. Hirohisa Fujii, on Satur- 
day before the G-7 talks. 

The U.S. Treasury official said 
he expected Mr. Bentsen to focus 
on U.S. concern that Japan was not 
living up to its pledge of prodndng 
strong domesuc demand for im- 
ported goods and a significant cut 
m its current account surplus. 

But the U.S. official said be had 
received no indication that Mr. Fu- 
jii would be bringing any new pro- 

posals to his meeting with Mr. 

Other factors weighing on the 
dollar include the Bundesbank’s 
half-heaned reduction in interest 
rates on Feb. 17, when it cut its 
discount rate but failed to lower its 
more important money market in- 
terest rates. 

That led to feats of a dispute 
over monetary policy between the 
United States and Germany. Simi- 
lar tensions in 1987 were one trig- 
ger for the world stock market 
crash in October of lhat year. 

Heading off any potential such 
dispute, Johann Wilhelm Gaddum, 
the vice president of the Bundes- 
bank. was quick to claim that it was 
not Bundesbank policy moves that 
were driving up German short-term 
money market rates. 

The overnight German money 
rate jumped to equal the 6.75 per- 
cent Lombard lending rate Friday, 
from a previous 6.10 percent 

“This development does not re- 
flect any policy-steering on our 
part," Mr. Gaddum said. 

Currency traders were able to 
shift their focus away from the G-7 
expectations briefly Friday, bid- 
ding the dollar up off its lows 
slightly after a regional economic 
survey exceeded expectations. 

The dollar slid to 1.4295 Swiss 
francs, from 1.4314, and to 5.8100 
French francs, from 5.8330. The 
pound strengthened to SI. 4885 
from SI. 4850. 















♦ tv. 




+ i 




















+ * 








— * 



+ * 





NYSE 4 0411. volume 
NYSE orav. am. dose 
Amax 4 P4H. vahune 
Ama orav. eons, dose 
NASDAQ 4 lun. volume 
NASDAQ Pi-rv. 4 pjn. volume 




251580000 1 


N.Y.S.E. Odd-Lot TNufing 

High Low dose Change 

*580508- Ms OMMpd 

Per Amt Pav Rcc 

Short* so? 

VnctudaOM fit e sates Ovum. 




— 051 
























— 051 








— 052 





Horizon Bikp WV 
TiiNef Carp Rlty 

- M 3-1 3-15 
.13 >15 3-31 
. 58 W +15 


West Fraser - 10% 3-21 


ctoges stemmm^ from JJf ‘-V- 

discount store division million for the quarter: ; 

- Wool worth said it expects to post a too «_540 quarter i 

ended Jan.-29, compared with a profit of SHft mubOB m roe raw 4 . 

of 1280 nfiBuffl mtta poor year. _ . 

A.G. Edwards Expects Record Profe ^ 

ST. LOUIS. Miamm * i 

^tn&°n.«S2^»4 M rt.i n lW3 onr^°fSUMl^;,„ . 

Tie St Lods4>il*d lndimsftj ** board’ 
Yorit City in revmue and number of 5^^ c ^irfhs COI nmoo • 
ailhornfid theiwanchaseof as many as L5 n^wn sbua ; « m .comwuu 
stock. A.G. Edv^tdsha^abom 59.8 imlhon shares outstanding. * • 

Tenneco Chief Quits to Fight Illness j; 

D ALLAS (NYT) — Michael EL Walsh, whohdped .1 V 
of Teoneco has reskned as duunifflnand chief executive to devote ^ . 
himerif to battling the efieds of a hram tumor. . 

GtoThnra^wTenneco board apprdvedMr/WalslisA<^o^D«na- . - 

G Mead, the company's president, to succeed him as duef cxc ^ t J'^' . i 
SatSSiuSMoo in 1991, Mr. Walsh, now 51. reversal losses \ ;; 

and pu^T^mcco into profitability with a ^^SS^emS j 
indoded layoffs and other cost-cutting measures. He also slashed I eitne- , 

Co’s dividend in half. « 

Oiik r 

Foi& : ■ - 

EmutoxCorpl brtrmaa, 
Gemratton 5 Tedi 2 tor 5 ravofso. 

Testing oi GM Electric Car Ddayed | j 

LOS ANGLES (LAT) — PuWic testing of the General Motora^P- - j 


SAP 100 Index Options 

NYSE Diary 

PifeaMor Aw May Joa Bar ft* Mar J* 

New lows 

1168 442 

989 1795 

621 546 

2758 2783 

47 38 

77 143 

as-- — - 


S — 57Vft — — 

4H — — - — 

urn- — 

vi m » — 

ft is » «i 
it Jiw * - 

1 Vh 1 S 6 

EsL volume: 98JD3S. Opmi M.: 440422. 


n motion -at* or iea net 

FOU.25 Mtar *622 9622 9622 —001 

Jun 9586 9583 9583 — MB 

. Jgp SOP 9SJ1 9551 9550 —082 

1 _ DOC N.T. N.T. 95.10 —OBJ 

_ MOT N.T. N.T. 94.W — 8JQ 

_ Jun K.T. N-T. 9456 —002 

Sen N.T. N.T. *454 —053 

«n EsL volume: 174: open InL: 14536. 

Aldto lnc2 for 1 spill. 

Ronk Oiwi PLC 3 tor 4 spin on ADR shcras. 

Flrstok Illinois 
Freds Inc 
KauftnoruHW Fin 

Minors Nil Bncp 
Now Plan Realty 

Now Plan RoaHv 
Pwii n rlvonta P&L. 
Piedmont Natural 

O JO 3-11 +T 

o <-5 3-7 1-13 said 3 

_ .18 3-18 3-31 „-__i 

Q 2b 3-16 3-31 paitS. 

Q 83 3-16 4+ 

Q 4175 3-W +1 T f r 

a 26 523 +15 TT V 

tJ^SS^iSSmmbZ t^ths ormcreby production t 
mobians. GM and Southern California Edison coitinmaL ^ ^ . j 

P ^When you get into manufacturing 1 <• i 

wrong at volume,”^ spokeswoman .for the oompany’s ‘ . j 

saidThursday. “We are experiencing at this poinl a shortage of some 4 ■, 

DM1 roBUan ■ Ms of 188 pet 


AMEX Diary 

(A Hi nam ed 
Total issues 
New Laws 

282 154 

295 470 

239 206 

816 832 

II 15 

14 18 




















— 051 














































— 0113 










— XI* 

— • 









— XU 










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Toastmaster Inc x 82 3-15 3-31 

»4tds doctoraWao re ported Fen Mtti is an tn+ 
tfal dividend not on extra parmenL 


7 U - » TVi *» - 

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Me Wd ML 2U5N: toftM BPen W. flBJM 

Price DOCK Dcctl Docti Doc 94 DccB Dec 94 

Sr - - - r - - 


Total Issues 
New Laws 

1604 1087 

1385 2045 

1814 1673 

4003 4803 

Ml » 

61 92 

421ft - — — U 1 - 

45 1ft — — 1R - 

47ft ft ltoli — - - 

CaBr Mc4 vsLtn: toM bpm d.B» 
Mi: total veL14B;ftMoraa InL MU8 
Sower: OKIE 

Est. voiume: 267248. Open InL: 985573. 

B8580 - nt* A Sands otlie net 

mot in-29 in-15 mat +0-22 

Jim 112-02 110-20 11SHJI +6-25 

sen N.T. N.T. 111-05 +6-25 

Est volume: 202494. Open litt^ 17&243. 
DM 2SM80 - PtS Of 108 pet 
MV 9673 96J00 9629 —053 

Jon 9445 95.90 964» —055 

Sup 9623 9680 9358 —058 

Est. volume: 312.914. open Intj 256,127. 
Slock Indexes 


_ 8125 3-7 3-21 


O JB 3-15 +1 

8 .16 34 3-23 

8ft 3-22 44 

. 85 3-15 3-29 

8 « 3-11 3-29 

805 3-11 325 

Q 84 3.14 +14 

Q -36 3-J +1 

a .14 3-n +i 

x iff Ml 725 

™ U.S. Firms Consider Corporate Code ; * \ 

rto NEW YORK(NYT)—Scvcn major ILS. multinational r i 

“■ cemsdaing support fora new code Of corporate contact .bang developed: - 

m Squibb, Colga^PalmoIive. I^ ' : - 1 

soB-Rand, International Paper, Kanberiy-Clark and Pfizer —all mOK^- t r ] 

. , . - » ■ . , l' 0 .t. ilia mlf tntn nrortiffl. - . . 

ed a wflBngpeas to hdp the South Africans put the code mto prataoe, 
according to the Interfaitii Ccrundl on Corporate ResponsibiHly . a Nw - 1 
Yodc-based organizaticn that -coordinates stockfadder activiiies ,oy 
church groups. '• - . - ;-.i 

Cabot Bir^s Xfp More Gas Beserves _• 

HOUSTON (Bloombog) — A Otbot OffA GasUorp; subsidiary wifi - > 
acquire a Washington Energy Co. unit for S180 mflhon in stock and^ • 
assumed debt, creating one of the largest U& mdqxndent 03 and gas 
conCems,the cxmataines said Friday. 

Thi> piw riiAM of W ack^rtnirrPnrir gy Resources Co, a gas exploratKHi _:r, 
and productikm unit, from Srarfle^ased Waahmgtoii Boergy Go. wfllgrve^" ‘ • 
Cabot more than t trffiem cubic feet (28 bSEScm cubic meters) of proven l l . 

■ gas reserves. : , 1 \ • - ’ " . /, • ; K . ; ’ m: 

86 3-13 Ml 

o-annuol; sranMe la Caaqdlan toads; m- 

KIWI: Airline’s Employee Ownership Platt is the Envy of Competitors 

Continued from Page 9 

and purple, might create confusion. 

It did. inviting questions about 
whether Kiwi served snacks of kiwi 
fruit (it does on most flights), and 
whether it planned to offer service 
to New Zealand (no). 

To make sure that Kiwi was not 
just different cosmetically, Mr.- 
Iverson decided to change same 

ways of r unning a carrier and let 
other things change on their own. 

The system is working. After 
starting with just two jets, thecom- 

The entrepreneurial sput mqr WestiiiflJiouBe to Acquire Norden 

: hard to maintain, particularly as C7 . . . JL . _ _ 

Everyone is encouraged, but not pany has expanded to 740 workers 
required, to do some volunteer and 10 jets, and it plans to get 10 

work for the company. For pilots, 
that means flying extra trips with-' 
out pay and helping clean up when 
the plane has to take off again 
shortly after it lands. 

“We’re all quality-control peo- 
ple," said Jack Gray, a Kiwi pilot. 

more this year. The privately held 
company, which offers virtually 
unrestricted fares that match the 
cheapest restricted fares of compet- 
itors, says it has operated profit- 

be hard to maintain, particularly as O . . ■ ■ a 

the airline grows. Employees gram- NEW YQRKr (foi igfa-R idder) — WestBwJioBse^Etectnc Corp. raid 
ble about too tittle space, too few -Fnday it agreed to -acquire Norden Systems Joe, the defense electronics 

wmpulm, and no. enough *ae- ^TOnnofjlj^L 

expected to be cpnmlefed.m the second quarto. +. • •• • •.■ - . 

A greater threat, Mr. Iverson Based in Norwalk, Connecticut, Nqrdea Systems makes airborae and 
said, is old habits and familiar* shipboard radar systems, air traffic contrd ^sten}s, mdsumflIance and 

ably in five erf the past seven ways of thinking about airline intdligenccinaiiagieinenl^stemsfOT'anderseas^jEcations. Ithasaboot 


1,600 enyloyees. 



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SWEAT (CBOT) umurMnim-Mn. 



Mcf 94 3J0ft 



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138ft— 003* 





Dec 94 351 



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Est axes NA Tlfert. softs 


Thu's open feV 

44597 all 882 

WHEAT (KBvT) SJODlumUnun-t 





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354* +052* 




MOV 94 1*7 



346 -052* 




549* 327 



157 — 022ft 1X419 


352ft Sop 94 137ft 
112ft Dsc 94 147 



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141* Mar 95 

146ft — 023 


Est softs NA. Thu's, sdes 6.917 
THu'soranM 385U aH 1895 
CORN (CBOT) &aoobvniMnjni- (Man. parti 
3.11ft UTftMorM 285 285* ZDft 

288ft MOV 94 L90K 292ft 290ft 291ft— 081! 
241 M94 294 29Sft 293ft 2Wft-A01 
2A0ftS«p94 280ft 252ft 280ft 281 ft -680 
2369iDK94 267ft 269 267 257ft— 080 

2S3ftMor13 273ft 275 273 273ft— OW 

273 Mov95 278 279ft 277* 279ft +080 

274ftJ|8f5 279 289ft 278ft 280 

251 Dec 95 251 253ft 252ft 253 +201 

EOLsotaX HA. -nw*AlOtoS 76885 
Thu's open M 314.990 08 2750 
SOYBEANS CCSOT) MOODurrlntmum-ocAaniMr txnnx 
7-5+ 5J»ft7UlarW L71 482ft 475ft ASOft-WHft 23588 

751 552ftMayM683 481 681ft 657 — OJBOVi 57566 

7 JO 5.949,8494 457 6.91ft 655 65999—0.03 42901 

75S 6JB AuoM 650ft 614V] 450ft 652 ft -083 ft 7,23 1 

659V] 617 Sswsi 654ft 657 656 655 -081ft 1735 

7.57ft 5J5ftNav94 6J2 653 449% 4J1 -ft03* 34211 

670 615ft Jon 95 456 458 655ft 6V -amft 1566 

473ft 442 Nto-93 652 462 462 462 -083* 354 

473 642ft Jm 94 466 466 653 463 -003 237 

45Dft 651fttov95 472 424 422 474 —081 931 

EO. sales NA Thu'S. OTtoS 5490 
Thu's open M 142300 afl 625 

237 JO USJOMn-94 19480 1M50 193.10 

23200 lBSJOMarM 19SJ0 19160 19*30 

23000 mi 83415 94 I9&5D 196J0 19550 

22200 191 JO Ami 9* 19*50 19550 19*20 

WHO 1 8980 Sap 94 19320 99480 19290 

70600 1(7. 10 Oct 94 19150 19230 171 JO 

20980 *60 Dec 94 1+150 19150 190JD 

20680 15650 Jon 95 19150 WJ0 190J0 

19*59 19*50 Marts 19380 19180 19200 

Est. sales na Thu’s stSes 21 5U 
Thu's open fell IU5 aH HO 
3075 21. 13 Mar 94 2U0 28.90 28J0 

3055 ZUOMayH 2860 2189 2BJ3 

7970 2155M94 1260 28.9J 2BJS 

2970 21 65 Alia 94 2220 2255 2220 

2240 ZLMSBP94 27 JO 2780 7770 

27.45 22 10 Oct 94 2485 2780 2680 

2650 080 Doc 94 2425 240 2418 

2455 2265 Jen 95 2420 1420 3685 

2415 2SJDMOT9S 

2S2S 7420 MOV « 

EsMatos NA Thu's, scfca *4,981 
Thu's open fell 1047162 up 1457 




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Jun 94 
i Dec 9* 38950 
FabK 3)180 


Dec 95 


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M.97 9411 Mar 94 9461 9661 949 9459 Hum 

9678 96. 15 An W 9427 9628 9622 1423 7Ut2 

9441 9SJH Sw 94 ,9&M SSJfl KS3 9355 +OW JJC 

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Est.WlB TRrt.ioHs 123502 . . 

Thu'SODBIiTf 222532 Off 3895 


114- 09 UB-00 MerMUQ-n nwo 110-18 110-23 * 03 197-75? 

115- 21 1BW9 Jun 94 109-29 110-04 KJ9-73 W9-27 + IB 78*39 . 

115-01 109-00 SwM IBM3 109-13 10M3.HHU t ,03 . xS 
114-21106-14 DOC N 108-21 108-21 10*-15 11B-U + a W 

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120-31 90-00 fetor 94177-13 T12-M 177-72+11-20 + U Wj71 

119-29 9144 JunM|n-H llt-CT 1KW2- 170-2D t 0* 177,235 

IfJ-a gP W 109-18 110-85 WM* 109J84 +. 06 34.730 

118-08 91-19 DKM10M2 100-21 10940 10MB +■ 07 SUI1 

114-M 102-41 MO-9SW-16 706-23 10644 106-1*.+ 08 912 

T 15-19 91-15 An 9S 107-29 I064B W-ZT 107-27 4 08 47 

112-15 1B6-M 5fepT5 1DMI +06 12 

ro-U10MS D*C9S -KF+n+ M 6 

Est safes NA Ttwto.Hra6 01811 ■ 

Th u's open Inf 444,933 OP 16138. 

MU90OPAL BONOS (CBOT) iHBi K4bhi<i6Bi4u(1Hm - ' 
W5-B 99-02 fefecr 94 99-11 99-76 99-01 99-03 — 07 22899 

W*-C7. 98-03 Jun 94 99-13 964T 96-04 9645 4,709 

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957J 9jMJun9t 9M50 «U6B 9S7BD 93526 i 4308*5 

9504 9536 Sw 94 9580. 95JSD 95540 95JD0 ..tMSflyOT 

Slock indexes 

46650 40.76 -4662 
4085 .48356 4877 
44950 iaX ‘4t3J 

iis - -" 1 '. ' : • 

WJ5 -mWssu 

»J« 2JB56-23W 

' v- v '~ 

• CtHRmodRy^ridexes 

Moodirs. .-JSSS- j - 

teutors • ‘ 3*2K?-: 

DJ.Fofures MSS-.v 

Cmt Research £ . v 

Italy Surrenders 2d Bank 

Comit likely to Be Popular Privatization 

Csmt&dtbp Our Front iA^ktier 

LONDON Granada- Group 
PLC on Friday wn . control of 
LWT (Holdings) PLC this AKfc 
pendent tetevisioncctfnpany that it, 
has beeripursuxng Dreember^ 
and said it was set to become- a 
major force in the industiy in Brit- 
ain and overseas. , t 

The hostile bid. worth abbot 
£760 ariDiaa(Sl billion), had bbcn 
a diEf-hanger, with. LWT stoutly 
defending itself to theilast; cm 
when its biggest institutional share- 
holder sdkJ onThorsday. 

Granada said on Friday that it . 

controlled 5?-8tpenxntof LWT, 
giving ircpotrol 
Analysts said the Granada oSer 
'was so iiigh few investors could 
justify turning down die trid.- 

que&on wiih die hid was 
ribt ytetber Granada was offering 
'4 do little, but whether it was Offering 
too much,*’ said Anthony de Larrin- 
tGprdbn & Co. in London. “Share- 

OU Executive 
Found Guilty 

The AssodautTPrea ' 
LONDON — A Pakistani 
oil executive was convicted by 
a juiy on Friday of CQhsptracy 
to hdp BCC1 to f alrify its baj- 
ance sheetsbdl he and Ms law- 
yer persuaded thejudgohc was 
a “broken man” who should 
not have to go to.prison- 
Mohammetf Abdul > Baqi, 
68, was told to pay 170,000 
pounds($25 1,000) is fines and ' 
prosecution ousts. 

Mr. Baqi, formerfy manag- 
ing director of .London-based 
Aitock OS Co, was convicted 

information to auditors. He 
told than his company owed 
■S 120 million to Barnc cf Gredit- 
& Commerce International, 
thus making BCCI look 
healthier than it really- was. 
BCCI has since collapsed. 

“He was a distinguished 
man led astray by others,” his 
defense attorney, Stephen, Sot- 
ley, told the court. 

Judge Neil Denison agreed 
that Mr. Baqi hadnot. sought. 
to enrich himself. 

" tbecashfrom accepting the bid than . 
. holding on to LWT." 

- • Granada’s shares rose 3 pence to 

-564; white JLWT dosed 2 peace 
•toerat727. ' .' 

• ^Obvkwsly w^ re ixm^tely de- 
lighted,” md Geny Robinson, the 
chid executive of Granada. “It’s 

! LWrJ^riiidL holds 
weekend broadcast Hcease on Brit- 
■anfs main comroercifll network, 

- doperattiy urged shareholders to 
back its trade record and warned 
that a' Granada takeover wonld 
mean an 18 percent slump in divi- 
dend income. : 

- But Granada, whidt broadcasts 

- in the iKSlhwest of England, said a 
link-up. would aye it huge muscle in 
a riteraet ' that has become ihcress- . 
ingfy competitive since Britain last 

. year relaxed the rotes on ownership 
of independent television licenses. 

“In cams of advertising sales, we 
are . now the hugest” group, Mr. 
Robinson said. ‘ ■ • ■ 1 

^Kmased company wBLajake 

:;knoTOasTIV,and]0peroent of the 
entire British television market. 

‘ "It Will take about 22 percent of 

- FlVs net advertising revenue, 
worthan annual £1 AWtioh. 

!*We now look forward to the 
'new, enlarged television division 
becoming a major force in the in- 
dustry, not only in- the U.K. but 

also overseas,” said AfexBanstan, 

■■ the Granada chairman. 

Granada, which also has com- 
puter, television-rental and leisure 
. interests, said it bad won 57.84 per- 
cent of LWT by the Friday dead- 
line for acceptances. • 

■ (Reuters, Bloomberg) 

JNoamberg Business News • 

\ MILAN — What is the differ- 

ence between Banca Commer- 
riale. Italians, and Credits Ita- 
hano SpA? 

Noi a huge amount, analysis 
say, and that is good news for 

■ "They are cousins, almost like 
brothers,*' said Sassoii De Bian- 
1 ciri, an analyst at Aoalitica Sj-JL 
Banca Commercial e — known 
in Italy as Comit — is the latest 
Kate-owned bank offered to in- 
vestors as part of the govern- 
ment's program to sell of state- 
owned assets. Credito was the 
■first one to go on the Nock. 

. The 1.75 trilHoo-fira (SI bil- 
lion) sale of the state's 67 per ce nt 
Stake in Credito Italiano sold out 
in two days in December and 
was six times oversubscribed. 
The shares now made at 30 per- 
cent above, their issue price. 

. The government’s 54 percent 
stake in Banca Commermle is 
expected to command a similar 
reception when it goes on. the 
bloat Monday. 

“The people who missed out 
on a good Ettle -profit with Cre- 
dito willhave an added incentive 
not to miss out this time 
around," said Michael lerubino, 
an analyst at Murchio SIM, a 
M3an brokerage. “There wiB be 
no problem with demand.'* 

The only roadblock to strong 
demand would be a government 
push for higher prices this time 
around, given the success of the 
Credito Italiano sale and of last 

month's 2.18 trillion-lira sale of a 
33 percent stake in Istituto Mo- 
bOiare Itahano SpA an invest- 
ment rum. 

John Leonard, an analyst at 
Salomon Brothers Inc. in Lon- 
don, said he did not think the 
government would be too aggres- 
. ave because it still has a slew of 
other companies to selL 
Credito was sold at a 9.6 per- 
cent discount to the market price 

TTiere will be 
no problem with 
demand. 1 

Michael lerubino, an 
analyst at Murchio SIM 

of its shares. Albert Moriflo. equi- 
ties investment director at Scot- 
tish Widows Investment Manage- 
ment Ltd., in Edinburgh, said a 
discount of at least 5 percent to 
the market price would be “fair." 

Both banks are based in Mi- 
lan, have strong retail prcsence- 
saround the country and strong 

S te activities. In terms of 
>nal banking analysis, 
such as return on equity and 
nonperforming loans as a per- 
centage of total loans, they are 
similar to each other and better 
than the national average. 

“They will both do wbfl if Italy 
does wdl, and they will both fare 
better than others if it doesn’t," 
Mr. Leonard said. 

There are some differences be- 
tween the banks. For one. Banca 
Comir-aciaJe is bigger, with 134 
trillion lire in loans outstanding. 
versus 106 trillion lire for Credito. 

Banca Commercial e has a 
larger overseas presence than 
Credito- The successor of a bank 
founded with Austrian and Ger- 
man capital in Milan in 1894, 
Banca Commerdale was operat- 
ing in South America by 1910, 
London by 1911 and New York 
by 1918. 

Mr. De Bianchi said Banca 
Commerdale' s larger interna- 
tional operations make it more 

Credito is seen as the bank for 
Italy’s large companies. “Gio- 
vanni Agnelli is on (he Credito 
board, not Count's. ” said Mr. De 
Bianchi, referring to the patri- 
arch of the family that controls 
carmaker Fiat SpA. 

“There’s no reason on a funda- 
mental basis to buy one and not 
the other," Mr. lerubino said. 

Of the 540 million Banca Coro- 
mexciate shares going on sate, 260 
nriflion will be sold in a pubbe 
offering to Italian individuals. 60 
nnllion will be sold to Italian in- 
vestment institutions. SO million 
to U.S. institutions and 130 mil- 
lion to institutions elsewhere. 
Forty million shares win be sold 
to die bank’s employees. 

The government w£D pot an 
additional 30 million shares at 
the disposal of Lehman Brothers, 
the sale's organizer, to satisfy ex- 
tra demand. 

UBS Lifts 

Payout as 
Profit Soars 

Cenyulat M Our Staff Front Dispatcher 

ZURICH — Union Bank of 
Switzerland, the country’s largest 
bank, reported Friday” that net 
profit surged 69 percent, to a re- 
cord 2.27 billion Swiss francs (S2 
billion), and it proposed a 10 per- 
cent increase in its dividends. 

Robert Studer. the bank chair- 
man, said that the bank had been 
buoyed by “favorable conditions in 
all important markets.” 

The bank said it planned to in- 
creased its dividend to 32 francs 
per beam- share in 1993. from 29 
francs in 1992. and to 6.40 francs 
per registered share from 5.80 

It also said it had invited share- 
holders to buy one new share for 
every 100 bearer or registered 
shares already held. Mr. Studer 
said this was not a capital increase, 
but a “special measure to acknowl- 
edge the extraordinary success of 
the last business year ” 

The bank said that the main 
boost to 1993 profit had come from 
trading income, which soared 74 
percent, to 2.92 billion francs, due 
to strong securities markets. Opera- 
tions in derivatives grew strongly, 
led by forward foreign-exchange 
transactions and swaps. 

The growth in earnings last year 
was achieved in spite of a massive 
223 billion francs set aside in pro* 
visions, up 2 2 percent from 1992. 
The bank suffered a surge in bad 
loans, particularly in the depressed 
Swiss real estate market. 

( Bloomberg, Reuters) 

[ftsnkfutf London ■ Paris ' 

! .DA* ' FTSE 100 Index CACAO 

• Jtt - 

1093 . 1934 ' 

Index " ■ *. Friday; a 

. < - v *' . ■ -Ctaso- • 

. ' A£X . • •' • > -, ■; ;$1&M 

Srusot^^ V:ifesS.h^ - \ ■; ' ■?, 591X36 

Frankfurt OAX: ' ^ 

Frankfurt. „ FAZ v :• .. ; •797.93 

■ 1998 -.1994 . 

. Prsv. ■■ 



■ FtonncM-Tirapsao . .2^36^0 

■ FTSFK30 “ : • 


cac 40.! 

Vienna ;.’>s sta 
■Ztgicri . • S8i 

Sources: Reuters. AFP 

Stock Index :• ■ • • • . '490^6 
S8S V 

. 4.ta 

1 ,7,672.44= ■ ..-1.07 
.■ 2J790.29 . -0.74 
* 804.1 V ?0:77 ■ 

1B72J94 : ^X1S ■ 

■2,K7.90 +034 

3^6? JS0 '4042 

340.10 '-1.19 

1,057.00. • -130 
""2,0O8!29. r " 7 -d.fe 

, 492^3 ^QJ32 


Inicnmiknil Herald Tribune 

Bundesbank Denies Steering Rates Up 

Very briefly: 

• MetaHgeseBsriwft AG said it sold a steelmaking unit. Korf GmbH, to 
Larisa SA, based in Montevideo, Uruguay. 

• BMW RoQs-Royce GmbH said it was planning to supply engines for a 
new aircraft model being produced by McDonnefl Douglas Corp. 

• Astra AB, the Swedish pharmaceutical company, said it would list 
American depositary receipts in New York sometime in the fall. 

• The European Union said that its average inflation rate rose to 3.4 
percent in January from 3.3 percent in December. 

• France's annual inflation rate fell to 1.9 percent in January from 2.1 
percent in December and its statistics institute predicted that the rate 
could drop to 1.7 percent by June. 

■ Deutsche Telekom, Bertelsmann AG and Kirch Gruppe said they would 
form a pay- television joint venture for the German market. 

Reuters, Kmghi- Kidder. Bhomberg, AFP. AP 


FRANKFURT — One day before finan- 
cial leaders of the Group of Seven industrial 
countries meet near Frankfurt, the Bundes- 
bank [Claimed H was not behind a recent sharp 
'rise in German money market rates. 

■ Johann Wilhelm Craddum, the Bundes- 
bank vice president, said that the rise in 
money market rates reflected the behavior of 
hanks and had not been provoked by the 
German central bank. 

“This development does not reflect any 
policy steering cm our part," he said. 

Goman call money rates, the rales charged 

for overnight cadi, surged to 6.75 percent on 
Friday from 6.10 percent on Thursday as 
banks scrambled for cash to meet reserve 
requirements at the end of the month. 

Mr. Gaddum said the Bundesbank did not 
intend to add liquidity to the money market 
to help banks with then* cash needs at the end 
of the month. 

Economists said they did not expect Ger- 
man monetary policy to be a major issue on 
the agenda at the G-7 meeting Saturday. 
Instead, a trade dispute between the United 
States and Japan is ukdy to dominate discus- 

But expectations that there would be uo 
controversy over German interest-rate policy 
at the meeting has only developed since Ger- 
many cut its discount rate on Feb. 18. two 
weeks after the UJ3. Federal Reserve Board 
tightened policy. 

Earlier there had been suggestions that 
Germany’s G-7 partners might take the 
Bundesbank to task for not lowering interest 
rates faster. Some saw the discount rate cut as 
an attempt to ward off such criticism. 

Mr. Gaddum also said that a recent rise in 
long-term German interest rates on capital 
markets should not be “overriramaiized." 

Akzo Hit by One-Time Items 

The Associated Press 

AMSTERDAM — Akzo NV Friday announced that 1993 net profit, 
squeezed by extraordinary charges, fell 15 percent from a year earlier. 

The company's 1993 net prom was 549 million guilders (5285 million) 
on sales of 16-51 billion guilders, compared with 1992 net profit of 646 
million guilders cm sales of 16.71 billion. 

The company left its dividend unchanged at 630 guilders a share. 

Financial data for 1994 will reflect the consolidated sales and earnings 
of Nobel Industries AB, whose takeover by Akzo took effect Friday. The 
company is to be called Akzo Nobel NV. 

Akzo said its profit was dampened by 144 million guilders of extraordi- 
nary charges for book losses and restructuring costs. 






ART : 

1 M :H . 1 1 : i 1 6 1 • . , i. -MI l 




iMMCH l 
Imus . 





ton Govt Ohr oroupi to nnwrav. 






new TAX-PUS mud 

Some (fay roggfttdion pnsrfrfo 
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So did nearly half 
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please enclose 
your brief 
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and ieiefon # la* 

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KrtfigsstraBe 19 



Wanted: Dreamgirl 
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delighted to heat from you, and look forward to meeting 


Page 12 


Friday’s Closing 

TaWw Include the naHonwWe prices up to 
the dosing on Wall Street and do not reflect 
lata trades elsewhere. Via The Associated Press 

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Page 13 


Fear of Fed Affects Asian Bourses 

Expected Rise in U“ Ocnresses Slot 

Investor’s Asia 

.. .. 's&i'W* 

uimiip i csaai uy au^rauvua 

xxuK.tttrr es^bv the end af March. fi Japan might set a nonbmaing goal 
nuvboweveL have trouble con- to reduce its cuneomccpunt sur- 
p Washington. ‘. phis, a ineasureof :tntde;that ni- 

•‘‘ffe' sit -Mitrng- to hear from : dudes services* to 2.8 percent oots 
^ n m n t what steps they gross domestic product. •' 

maitat-openingpadca^. - cwyearn.— ., ........ 

«j gtarvd ready, our government ■. Japan s current-account surplus 
«aands ready, to wodctindi Japan if- is expected to have fallen to 3.1 
i are made that will make- percent .in 1993/94 firoin 3J2 p a- 
«i" • - ‘ cent in 1992/93. 

to Hong Kong’s formerly high-flying stock 
marteitban to just about a nywhere dseTTae 
Hons Kong doDar is pegged to the US. doHar. 
so rates in the British colony rend to track 
those in the US. Hong Kong's prune rate now 
stands at 6 .5 percent. . . , 

For now, the Hong Kong Association lof 
Banks, the local banking cartel, has decided 
not to follow the Fed's Feb, 4 crease. 
Interest rates are the talk of the market m 

Thailand, where stocks have fallen more than 

If U.S. interest rates rise 
to attractive levels, the 

j. O 


; Z >. 

r. *£ 


— ■nortfour years.', 

vise a pan. Me. Mandate echoed recent U.S. 

Thiwbope to OTtSmt g- tne tijssafiiifaiaion ^ with' Japan’s latest 
end dfMarcb to the UmtedStet^, J5 tJ j Dion yen (5143 billion) stimn- 
wiriefa is poised to back up its trade ■ iQs^packag?, winch he said would 
d emands wffl econotac ranctions- ■ rioimte to b^tite economy or cut 
unte® . the t two ,«* 0 “tn« i rM^ : ^< 5 ^^ 
agreement m ttor so^caiJea.ea)- t aoan » s gu^al- current account 

m, . * ... — w«4n 

Bloomberg Business New 

SINGAPORE — When interest rates pi up, 

stock prices, as a rale, go dowm So word 

Washington in recent weeks thatU-S. interest 
n»y>, *m«a tri rise has bad a punishing impact 
an many Asian stock markets this year. 

On Thursday, U.S. stocks plunged after 
5 titBiger-than-«roected durable goods or- 
dersTup Stpocmi last month, fuelMmfla- 
ticn cancers and speculation that u» u .-*■ 

Federal Reserve Board would start to raise 
interest rates. Indeed, the s Fed chamnan, 

Alan Greenspan, told the U.S. Congresstlns 

wedc that diort-tenn rates woe morelikeiyw 

rise falL 

po KSSSlff; fear is that American 

investors may shift some 

iSy attractive levels, the fear is that Amen- 0 f their money back 
can investors may shift some of their money ^omc. 

investors are worried that local — 

rates will head up as wdL Cbmtonef these 2 pocent this wedc on concerns of an exodrn 

. . — ^ ‘ t fSSUesp^y^ 8 aones ' towards 

xed-ratc deposits. 

Last week, two weeks after the Fms mow, 

four Thai commercial banks nnsed interest 
paid on fired deposits by 0.25 to 0.75 per- 

{tvT La* *Um iwiTM«K mmarfi than 


percent, white the Straits Time 

ore lost about 1 percent 

It has become apparent the trend tor 
interest rales is up,’ said Jaxuwannee 
Kimchuwamt, an analyst for BookCWb Fj- 
nance & Securities m Thailand. ‘Tnai *n t 
good for stocks.” . 

There is no sign of a massive ptjfo"* “ 

U.S. funds yet But the threat “ a ^ women mwui u* «->*- 

interest rales has ™*de AflanmarioSsai^^ tion of foreign cash, since about 7i percent of 
Hong Kong and Tha^wcAl^rttosy^ to share^al was hdd by feigners as of 

Markets across Asia took a tumble after 

the Federal Reserve Board pushed up the Jinic Ia * l . year - “ ' ,,L " 

_ . ■£ j ik. «!<• IvinVc rilffITS CSul 

a year! Sarongchai. Akrarawe. chainnanand 
chief executive of General finance & Securi- 
ties, said he expected commercial bmkde- 
pSt mitenfiagntes » rise 50 to 100 basis 

worried about the direc- 

tbe Federal Reserve Board pushed up me 
federal fimds rate, the rale banks charge each 

other far loans, by a quarter of ® 

point on Feb. 4 to 325. It was the first such 
increase in five years. , 

The Hang Seng index, for example, dropped 
6 percent on the Monday aha tkrarewcm 
up. U A rate increases are a more direct threat 

AmaiSnd Japanese funds are pulling 
out to place their funds in their own coun- 
tries, where interest rates are hiriier. said 
Irwao Yunus, an analyst at Wl Can of 

Indonesia. „„ 

Japan and Taiwan present dinaent sce- 
narios. Taiwanese interest rates are actually 

expected to ease in the first half of the year, as 
inflation remains low and the government 
works to piR»n*fri steady economic growth, 
analysts said. 

“We’re expecting interest rates to ease a 
little bit,” said Alan Hellaweil, an analyst 
with S.G. Warburg Securities. “I think the 
government realizes it has to continue^ to 
espouse a pro- growth economic policy.” 

In Japan, interest rates carmot get much 
Iowa, the Bank of Japan's discount rate, the 
rate at which the central bank lends money to 
commercial banks, stands at a historic low of 
1.75 percent, with speculation that an addi- 
tional cut may come lata this year. 

But instead of looking to rates at home, 
Japanese stocks have been taking their cues 
from U.S. interest-rate movemoits. 

Recent indications of an additional U5. 
rate increase have been a boost for Japanese 
stocks as higher U5. interest rates create 
■ynanri for dollars, which therefore boosts 
the value of the U.S. currency against other 

Singapore has handled the transman to 
upward-moving local interest rata rmire 
smoothly. Decisions by three of the four 
nudor banks to raise their prime rates last 
month shook up the stock market only brief- 
ly But prime rates are still low, between 4.75 

percent and 5.5 percent, and analysts said 
they were not moving higher ai a rate that 
could prompt investors to move out or stocks. 

In neighboring Malaysia, interest rates 
drifted Iowa last year but remained signifi- 
cantly higher than Singapore, the United 
Stales and most major industrialized coun- 
tries. The three-month interbank raw was 

about 8 percent at the start of the year, and is 

now at about 5.9 percent. 

That interest rate differential and predic- 
tions that the local currency would strength- 
en contributed to a massive inflow of foreign 
funds. Bank Negara, the central bank, has 
moved this year to suck up souk of that 
excess liquidity by weakening the currency 
and punishing speculators. 

Profit Rose 52% 


TAIPEI —Taiwan’s biggest Iffe 
iwem gr, Cathay life, Insurance Cp„ 
stormed securities analysts and 
Ta gkxjmy flodcinaricet oti 
„ ; by reporting that profits 
52 pacent last year. 

After-tax profits climbed to 
8.09 bBlioh Taiwanese dollars 
($305 million) from 5 ^ 3 _Mfian 
Taiwanese dollars in 1992, as rales 
rose 15.49 percent, to 169:8 bffljoir 
Taiwanese doDs^ the. company 
said,; . . ; . J- : ’ 

. - Analysts said the profits were 
probably due tobig sales of . stock 
In jjffi&ie Cathay Cdnstioctian/ 
Co. late last year: ' . 


Blooa&erg Business Hem 

i NEW YORK. — Bank of 
Phtna, whidr plans to offa 
$500 nnffian of Yankee bonds 
soon, on Friday named addi- 
tional finns that will under- 
write the bonds with Morgan 
'Stanley & Co. 

They are CS first Boston, 
MariD Lynch & Co, J.P. 
Morgan Securities . IntL, Bear 
Stear^A Co. and Snath Bar- 
ney Shearson. 

Yankee bonds are securittes 

-■ sold in the.Uitited States by 
- foreign issuers: 

Seoul Posts Current- Account Surplus 

i_~_.ETO.nirf h*nfs statistics department. ccmaredwilhaMo 

. Tahnn, in bid to jmn 



S^OUL — South Korea had a 
conem-account surplus last year 
foe the Brat time in four years 

oountiys tola! exports. Exports of buk's statistics dcpaitmcat. 
S‘^faTd^.£loux^ jbe parat account— 

thanks to a surge m baknce mchidmg prodimts and import slowed due 

•^BWfig^ teased Friday - recoded a option and in- 

by the Bank of Korea. _ S450J rmlb on m 1993, compared 

But analysts and economists raid ^ a deficit of S4.53 Mlian a year ve ^ ient ' r „ shtwed the 
the surplus could be short-lived if *“{i -r^j^naiy figures released The bank’s figures showed the 
of economic recovery ^’^bS^owcd. . trade account, *h *±« • » 

qoickS and demand for ova- ^abS of Korea official snd it percrat of the 
Ls ooods and services mcrearad. Jr.SiLsnrnlus since the S5.05 ported a surplus of S2.08bflhpnm 

compared with a fall of 4 percent in 

Exports to the United States, 
which fell 3 percent in 1992, edged 
up last year. 

Shipments to developing coun- 
tries increased 17 percent in 1993, 
against 24 percent the previous 

AT&T Announces Layoff 
Of 43% ol Thai Workers 

i . r 

FRENCH: Warring Over Words 

• ■ i m i 

Bloomberg Business Neva to *“* 

ar. BANGKOK — American Tele- not been set, he added. 

South Korea’s shipments to Chi- phone & Telegraph Co. will lay off ^T^rlfin 

Import growth remained ladtlus- a spokesman for the company their workers, 
ter because of a slowdown in do- ^ Friday, 
mestic demand, the bank said. About 1,500 workers at AT&T's 

telephone assembly m 
Bangkadi Industrial Park, just 
nonhof Bangkok, wffl k»e tbar 
jobs because of declining demand 
from the U.S. market, the spokes- 
man said. 

ICauL uma ii iM i vi — - — 

Crude ml imports fell 4 percent 
last year, compared with a 17 per- 
cent rise the preceding year. 

Continued from Page 9 

lished a permanent council to rein- 
force the role of French in the 

authorized to raid bumiess pre- 

raises and seize offendmg tads, The language bill follows 
and the bill thrcatais h*avy prance’s successful dfort to ex- 

and imprisonment for myone at dude mov jes and other audio-vosu- 

tempting to impede these officers ^ ^ ^ receQt tarifl-cutting 
in their duty. „ , round of talks under the Goreral 

cost OI UOIUB »» IHW aavxu* uu» -j 

tooonaousandroovetoacoimtty J^gons must broadcast a 

SSSimeni be at odds ynth to Acadtoe 

the summit conference preach, foreign affectations 

AT&T is currently looking for a 
new ate to build a plant employing 
about 500 workers, he said. A date 

Declining demand from the 
United States is the main reason 
for the cut, the spokesman said. 

Tbe Bangkadi factory has the ca- 
pacity to manufacture 5 ™ih°n 
consumer telephones annually and 
currently employs 2,000 people 
The new plant will produce up to 1 
million phone per vear “mnaUy 
for shipment to me United States, 
the company said in a press release. 

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(Continued From Page 11) 

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Friday's Prlcas 

NASDAQ prices as of 4 p^n. New York time. 
.This list compiled by the AP. consists of the 1,000 
moa traded securities m terms of dollar value. It is 
updated twice a year. 

HMonti Si 

HMiLowSgdt Dfv YUPEUk Hioh Low Lutes* Qi'g# 


Ob YW PE 10te 

I l 2 MMh 

i LmnLoMOi'gi I HWi Uw Stack 




?% !?& 1XL 

Ob VM PE 1888 Won tswtolatOYOB. 


-53 e l3 56 761 




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jsi 3 » 




Of 3 ? T 

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ftKSSpI 125 £T 

i;> ii: 





fc 3 ! 3 £ 3 te: 



.V.iv— j - . 
V'hJSv'Jw’ uj 



Friday’s Closing 

Tables include the nationwide prices up to 
the closing on Wall Street and do not reflect 
late trades elsewhere. Via The Associated Press 


5% 2%8&HO 
BHiVuBATl .350 
Z2%17* a BodgrM M 
W 8 Q&v 
S% JHBoWw 
MMi'iBondll .16 
23HJ0WaanRI 1.93c 
13% TKBonsTro 
2K WBk5Fnm 
25% aWBT cv7K nlJI 
26%23Y>BT Cv7% nl.90 
Vi KBonyHI 
IK 1 v H 8 orwrt 5 n 
36'u IKBomJl 
1% * Boris* 

18% *%BoryRG 
6 fi'iiDwou 
t‘/t 4MBSHKWI 
7% 4%B5HKDWT 
36% 32% B5MBK n 201 
IK IKBcardCo 
4 IttBebnac 
25% IS BenetiE 
10K SKBenEvc 
117 BBKBersCa 2.00c 
15% AV.BftoWI 5 
26 V« 21 ftBlnkM 1 23 r 

17% 10 BJoRA 
3% 1 aoebn 
1"% IKBrteHd 
HK12KB*ei09n 1.05 I 
15% 12% BCAJQ n .750 < 
15% 17%BFLIQn 2Voi 
S9'/i 34 v i EHairCp 2J5e ■ 
27%17NBtoSfin» M \ 
33% 12% Blount A JSB 
17Vb UKBodde 124 I 
17% 9'ftBowVai 
5% lWBowmr 
24% [4 %Bowth» 20 
10% TKBrtMRE M ; 
ISH TTfcBfWidn 23 ' 
3V. '',,aran(bw 
14 7%BrtOig 1.0* ; 

3 KBuHtan 
27 b 6%Bintl 5 .08 

11 4% 4 

77 7Vn 7%. 
79 >9% 7B% 
8 23% 22% 
TO 10 9 % 

5? 5% 5% 

23 24% 74% 
25 21 li 21% 
1 Q 2 12 % 12 
155 194 1*4 

58 24% 24% 
38 24% 24% 

MS Vs 

a 1 * 6 . m 

4 IK IK 

30 UK UK 

1 K, v„ 

99 IB 17K 
34 16K 16 
33 •**. *y» 
25 4K 4'4 
239 7% 6% 

31 33% 33 

60 3 1'Vii 

131 2% 2K 

39 24% 23% 
274 8 TH 

16 90% 89% 
9X 13% 12% 
13 27% 22% 

» 13% 13% 

399 1%, IK 

2*2 3 % 7 % 

31 12Kdl2 

2 13% 13% 
65 13% 13 
69 43% 42% 

43 24% 74% 

S3 30 79% 

8 14% 14% 
ID 9 B 9 

156 JVu 3% 
107 o 24% 24 
181 9 8% 

161 1JK 13% 

7 3K 3% 

44 13% 13% 

399 2V. 3% 

390 27 26% 

7% -K 
79% - I 
22% ♦% 
10 -K 
5 % _ 

74% _ 

21% — % 
12 -% 
1 % — K 
S*% _ 

74% _. 

» D — "3 
IK - 
18% - 
V, „ 
17% - % 
16% » H 
*» - 
4% - K 
6% — % 
32% »!* 
1 iy B — V U 
2 % -J/„ 
24 — K 

a -% 

B9%— 1% 

17% ... 

27% - 

13% — K 
IK -K. 
2 Vi — % 

12 —'A 

13% *K 

13 — % 

94% — V, 

T4% _ 

9 — % 

3Vn • ^4 
7416 • K 

I3K .- 

3 % _ 

13 V. -% 
7% — % 
27 “% 

r* S CiiFin 

B% 7KOM 
J% lYaCSTEn* 
5% 3%CVOFnn 
1 %, v m O«B 
77 79%Cabiwi 
27% iBKCaataA i 
3 ”/ h IV,, CaOon n 
74% l7%Comor* 
12% 10 CMarca 
25% 70 CanQc 0 

_ 9 211 5% 

834 lU _ 73 8% 

_ 73 131 8K 
. _ 57 2 

JIB 2.8 9 9 11% 


. -. 91 1% 

_ 988 63% 
JO .9 8 3 »K 

._ -. 114 TV* 
70 .9 14 29 23K 

® UK 

M .. _ 217 20V, 

5 % 5 % _% 
8 8 — % 
8 % 8 K •% 
1'Vii 2 ->'<% 
1IK 11% — % 
4% 5 ■ % 

l’% l'K —¥4 
61% 62% ■% 
»K 22K _ 

7H 2% 

23% 23% — % 
II 11 _ % 

20 % 201 : 1 % 


- - 80 

_ _ 65 

_ 10 : 

60 308 1 

29 60 2* 

24 113 t 

_ 323 5 

- 11 r 



1 21 1 



16 71 ; 


.06* a 

20 B3S 11 

- 9* ! 

34 200 1 


30 373 18 

10 47 J 

88 2 t 



-. 14 1J 



21 11 15 



_ 35 i 

Mo 6 J 

19? 11 



_ 5 It 

- IS 1 

- 4 1 



10 34 Ij 


16 1 14 


8.7988 130 11 



.. 17 « 


J413 2571 17 



13 33 15 

» 3 

- 101 I 

_ 87 3 

31 1769 40 

_ 237 23 

- IS 31 


— 73 7 



- 55 4 

40e 6J 

_ 71 9 

8 6 

41 2S70 3 



- 37 27 

- 33 9 

21 2 3 


- 5323 14 

~ 691 17 



_ 25 IS" 



5 11 



_ 28 11 

48S U 

30 17 

_ 210 4 



IS 6 K 

- 13 1 

Jfle U 

11 12 F 

J8e 3.8 

14 21 10 

- 13 1 



IS 5 18 

568 « 


11 36 5 
- B 3 

- 131 1? 

07r 70 

m 1 

14 188 37 



33 11 HF 

.160 1J 

1 JB 


- SBA iO*v 



9 284 U r 

Mt 2J 

1 IB 



10 27 UP 



_ 175 9 

52 16 18 

6 1 5 

1 17 


17 U 18 



S 54 32 



39 336 25 

1 13” 
IB 51 3B1 


18 1 43' 

5Vi 3 FaunPws 

3iA 3% 3% *% 27% BHUmds 

8% 5%FrtcAdvn JS5 Uj 6 _ 286 5% d 5V. 5% -4k 

9% BKFrrtdn _ - 1 7% »K fW _ 

6% 4WFrkRHn JO 8.7 _ 30 PA 5% 3% ♦% 

R ] FrtcSeln AO 11.4 „ 412 3% 3% 3% — % 

3% FrkSup n _ - 312 4% 4% 4% -»% 

8% WuLarlCp 
16% IWLumex 
13% 10% Lurid 

7 KFrkSawt 
8% 4 K Freed 
7% 4'V» Frasenlus 
n% 12 %FriseJts 

4% 4% 4% *% 

V H % K* +V» 
4% 4% 4% + % 

26% 20%LvnriiC 

_ 33 139 19% 19% 19% _• 

ID 3V. 5% 5%—% 

- 15 20 12% 12% 12% - 

- 17 33 14% 14 14% _ 

- > 12 25% 25 25% 4-Vfe 


_ 37 46 6% 6% 6% _ 
34b 1.8 16 22 13 17% 13 - 

4W m 4%. 
4% 4% 

4% 4% 

5% 5% 

4% 4% 

11 % 11 % 
5V 14% 

36 16% 

12 12 % 

10 7% 

51 20% 

91 9% 

23 2% 

10 % *% 
10 % -. 
1%— "u 
2 % _ 
19% «% 
16% *■% 
T9V. »% 
40% -K 
12 % -% 
14% — K 
3% -. 

9% »K 
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February 26-27, 1994 
Page 15 


Old Truths 

HOSE who were calling for a sharp 
, correction, in stocksand bonds ate 
' 5ttfl waiting. After the statins, of 

Thursday came the calm of Friday, 

which saw a little of the damage repaired. 

But the market — just about any market 
you can to name. — is stiflnervous. If yon 
require confirmation of that, & <pjr^ critique 
of contemporary analytical thought win suf- 
fice. Many analysts, particularly toe cam- 
men tingon the bond markets, said that , the 

cal IWsiirosTiscsne. 

The notion that the markets should be- 
have nto acaBy is not of itself a- cause for 
concern. Everyone (except die-hard perfect 

marketltheonsts) knows: toy a 
lunatic in an elevator pressing the buttons at 
random. So the very fact that the markets’ 
illogicality should be: cause for comment 

betokens not just' naivety, but panic. 75k 
markets were, for example. 

, most definii 

in-pushing bands to tor 

of isie tost year — a factor whidi 
persuaded this cobimri to call for a sharp 
c or rec tio n, which, to reiterate, has not yet 

The interest rate donate alone is almost 
sufficient to see' the equity cruise ship take' 
on some water before it sails sweetly again. 
As we pointed out last year, with U.S. rates 
at tor lowest point in aquaxter of acentmy> 
shares and bonds had to be perilously high. 

But the immediate crisis is over. This pro- 
vides an o p p ort un ity for a tittle reflection, 
and a restatement-^ the fundamental veri- 
ties of persdEoaUnvestindtt planning. 

First, shares are still a good long-term bet 
against inflation, the ultimate investment 
enemy. It requires more bravery than t™« 1 
to make aTng capilaL investment now, but 

, tare ^ 

investments^ ittnmber that 
is hot done quickly. ' 

Third, cwrce yotfve made some money^e- 
membor Baton Rothschild. He got rich, so 
he said, by sdhng too early. 


’ Investors Claim They Do Well by Doing Good 

By PMKp Crawford 

ESPITE a gradual increase in popu- 
larity , European “etiricaT folds re- 
main ntamderatood and under- 

. ■ . — — * “»< »«■»». unyuuy wiuu 

and Continental investors, say those who cham- 
pion ethical aad “green” investing. 

The probiem, say many, is amply one of 
education. Most Europeans don’t understand 
what ethical investing is or how easily one can 
become involved in it Campaigns aimed at 
spreading the word about conscience-clean re- 
turns are, indeed, a major order of the day in 
the- ethical investment community. 

’ But European ethical fund managers and 
marketers arc 'doing more than touting the 
environmental friendliness or pBlar-of-the- 
comnwhhy status of tor stock picks, instead 
taking a new tack aimed at pricking up more 
investora’ das: th^re making tor pitch with 
performance. . 

“The evidence shows that the performance of 
ethical funds not only matches that of non- 
screeoed funds hut often betters ft,” said Peter 
Silvester, investment director for UK-based 
insurer. Friends. Provident, a major player in 
Eutoethical funds. • 

“And when you think about all the extra 
research that goes into screening companies to 
meet rigid ethical and environmental stan- 
dards, that phenomenon make perfect sense,” 
he said. “Companies winch are wefl-managed 
enough to deal with the environment responsi- 
bly, treat their employees fairly, and address 
the wwwn* j of rfer -communities are gpod 
places to go trawling in the first place.” 

Mr: Silvester has some xnunbtfs to back up 
(ns claims. in the eight years prior to Jan. 10, 

1993, the Friends Provident Stewardship man- 
aged penskm fund turned in the best perfor- 
mance of aS British equity managed pension 
funds, providing an annualized return of 20.2 
percent, according to an -independent survey 
carried cm by Wyatt Co^ a London consulting 
and actuarial firm. In the year leading to Feb. 1, 

1994, ibe same fund returned 313 percent, 
according to Micropai, the fund-rating firm. 
And the Friends Provident Stewardship income 
fend, also ethicaDy managed, returned 413 
percent in the year to Fri>. 1. 

European Ecological 
and Ethical Mutual Funds 

\ \ / // 

Leading ecotogkal/etHcat funds. 

Total percentage return in U.S. dollar terms. 

Over one year to Feb. 1. ’94 

Over three years to Feb. 1 . '94 Over live years to Feb. 1 . ’94 

Friends Prov Stewardship 

Acom Ethical 

United Charrttes 

NPI Global Care 

•Abtrust Etttcal 

MG Green Energy 

Friends Prov Stewardship 

JupiterAAetfin Ecology — 

NM Conscience 

Sovereign Ethical 

Credit Suisse Fellowship 

Abbey Ethical 













Framfington Health 

Acom Ethical 

CIS Environ... 

Abbey Ethical- 

Friends Prov Stewardship Inc ...... 

HCM EcoTech 

Eagle Star Environmental Opps... 
Friends Prov Stewardship N Am_ 

Jupflar/MefUn Ecology 

Friends Prov Stewardship 

NM Conscience 

Uruted Charities 





Friends Prov Stewardship N Am 

Abbey Ethical 







51 .33 











Selection Envfronnemenl 


Ethical Investing 

Page 16 

The German option 
U.S. overview 
Green audits 


Page 17 
Emerging ethics 
Rating the raters 
Unethical is impractical 

Page 13 

U.S.-U.K. split on Ireland 

or ‘green,* because my definition of those things 
might be different from yours. The purpose of 
the fund is not to be good or bad to mankind, 
but simply to make good investments in those 
seams." The Biosphere fund, which lists 
French water companies Gfentrale des Eaux 
and Lyonnais dcs feaux, as well as the waste 
management and recycling concern SITA in its 
portfolio, returned 13.4 percent in the year 
ended Feb. 1. 

Health care sector companies frequently fall 
into an ethically gray area, say analysts. Some 

put them in the sector because they are in volved 
in haling sciences. Others however, perceive 
them differently. *Tm quite aware of what most 

people think of when they think ‘ethical' " said 
Anthony Milford, manager of the Frandiogton 

Source: Mcropai 

Imerenjooa) KeraUJTrifcnoe 

inchidmg the just-launched Ethical Invest- 
ment Trust, which attracted applications tor 
£47 mfflfou($72 mSHon) in preference and 
ordinary shares, Friends Provident now runs 
seven edtical fimds with a total of £450 rmOum 
under management. That figure, according to 
Mr. Silvester, represents 60 percent of the total 
UX ethical investment market, ■which is by far 
Europe’s largest. * 

Most estimates of the overall European ethi- 
cal fund market pm the number of funds at 
about 25, with more than £1 billion under 
management, * 

Jupiter TyndrfI Merim Ltd, whose Ecology- 
fund returned 31 percent in the year to Feb. Lis 
another leader in the sector. Mark Camp anal e, 
a senior member of the Merlin Research Unit, a 
division charged with finding international eq- 
uities whose ethical profiles and growth pros- 
pects are both attractive, says the team's motto 
is “Invest in the best and encourage the rest” 

“Let’s say we’re analyzing a dozen water 
companies," said Mr. Campanale. “We might 
choose two for our portfolio, and the choices 
represent a beginning rather than an end — the 
beginning of a dialogue between us and those 
companies regarding what they are doing and 
how they are doing iL Butwe would also talk to 
the firms we didn’t choose and tell them what 
areas of their operations they might need to 

address before we would consider buying their 

Mr. Campanale said companies such as Cali- 

fornia Energy Co ? which generates electricity 

from natural geothermal sources, Ixnco Recy- 
cling In<x, and New World Power Corp., whidi 
generates electric power from renewable re- 
sources, were prominent members of the Ecolo- 
gy fund’s portfolio. Mr. Silvester mentioned 
Body Shop International PLC, the natural cos- 
metics maker, Anuxsham Inter national PLC, a 
life-science research firm, and Halma PLC a 
safety and environmental technology concern, 
as companies listed in Friends Provident ethical 
fund portfolios. 

The marshiest area of the ethical investment 
realm is, of course, that which surrounds the 
question “What exactly is an ethical invest- 
ment?" Each fund manager in the European 
sector seems to have ids own definition. At 

Friends Provident, the committee that carries 
out ethical screening searches mainly for posi- 
tive criteria, bnt flatly eschews companies in- 
volved in annaments-making or the testing of 
medicines or cosmetics on animals. At Mom. 
companies that derive more than 1 percent of 
tor revenue from activities concerning nuclear 
arms or tobacco products are disqualified. 

Cyril Finance’s Biosphere fund, however, 
launched in 1989 and acclaimed by some ana- 
i Sl< 

lysis as the first ethical French SICAV, has 

round itself in the unlikely postion of being 
called an ethical fund against the wishes of its 

Own manager . 

“People call us an ethical fnnd because we 
are 50 percent invested in companies that are 
actively involved in helping the environment, 
with the other half being in health care," said 
Xavier D’Omellas, who manages the Biosphere 
fund. “Bat I don’t think of the fund as ‘ettricaT 

Health fund, which returned 99 percent over 
die three years ended Feb. I. “And it isn’t 
health care. The most obvious reason is that, by 
law, pharmaceutical and medical equipment 
companies have to test their products on ani- 
mals before they can be tried on humans, and 
many ethical investors are against those prac- 

Michael Aitken, an investment counselor 
with City Financial Partners in London, recent- 
ly began to ask clients if they were interested in 
ethical or Breen funds. He said that roughly 
four in 10 nave responded positively and that 
173 percent have actually put a portion of their 
money into such a fund. “Another problem." 
said Mr. Aitken, “is that relatively few IF As or 
investment counselors know much about ethi- 
cal or great funds themselves.” 

Trends in the European ethical sector include 
a softening of altitudes toward investing in 
South Africa, due to steps taken there toward 
social reform. “Most people now don't want to 
exdude it automatically from their portfolios as 
they did for years,” said Mr. Webster. “And if 
companies are creating decent jobs thou, it 
could be viewed as a positive.” 

The Money Report is edited by 
Martin Baker 

'Green 9 Firms Help the Private Investor 

RIVATE investors wishing to boM. 
their own ethical or environment” 


■ friendly portfolio are 
JL . 'by the amount of rime and effort 
needed, to research the stock. Having ribosen * 
range of companies for purely financial reasons 
they would then have to throw questions at 
each one to find out if 'they were also socially 
responsible. • 

Even if companies woe prepared tp ^answer 

While some stockbrokers offer ethical aad 
green portfolio services to private cheats they 
too can find the task daunting. * 

EricHalhara, ^hstocWwkBrwitoHepder^ 

Crostbwmtc in L an d^bdrerc s tnga yjtortfo 

‘T* wonkl only I ?i^titta«t«l ri^rampaiiks 
making a profit out of . their environmental, 
actiritiesi" fie said. "I fs not enougbfor ton to 
have a -dean environmental record or to be 
spending money art the environment, Xu many 
insumces ^ are on^ doing so because toy 
are under pressure to. mend tor ways. Thor 
earlier record pay have been absolutely ksnsy.” 

He adds that deniands made by some inves- 
tors can make this d»ffir»h task even harder. 
One otherwise environmental^ soond teJeccan- 
municalkms company that Mr. Haihant rec- 
ommended came under fire from investors be- 
cause a part of its business involved supplying 
telephone fines’ to nuclear bunkers. - 

“Ethical aad environmental issues are such a. 
moveable feast that I donot think stockbrokers 
should get invofred,’* ^Jae said. “Ethkad ftmd. 
managers have enough difficulty choosing to 

right investments. I do not think ^ we should tty 
todoso.^ - ' ‘ \ - 

Other stockbrokers are happier to oblige; 
Jupiter lytidall Matin Ltd. in London daut& 
to be one of the few investment Boases with a 
separate research mat devoted to environmen- 
tal issues. This, said Mark Campanale, a senior 
member of to Merita research unit, helps gn- 
vate investors digraxt to less obvious stocks 
toy otherwise may have missed: “There, are 
lots of obscure companies that are doing wefl. 
But where are private mvestozs gang to get the 
information toy need? Lots of mem are depea-, 
dent oo investmg in unit trusts or buying tores 
in investment trusts.” • J _ ' ' 

For smaller private investors Jupiter^ TOddr 
is not to solution. Its private cfent 
rfwMnW g minim um investment of fwyJOO 

For example, major British companies Eke 
British Gas and British Telecom already pro- 
duce reports detailing their environmental per- 
formance. Others cany out far-reaching “eoo- 

The second trend is the activity among major 
institutional shareholders. These shareholders, 
acting partly on their own initiative and partly 
because of lobbying from stockholder action 
groups, are nsing tbar financial mnsrie to force 
company management to take account of their 
views. Most often, those views demonstrate a 
sensitivity to ethical and environmental issues. 

Finally, there is the growing number of inde- 


_ FratikHn, aTLLS. investment house, wzB only 
manage money for individuals with aa account 
sire erf $600,000 ormore. Franklin does, howev- 
er.hgve two newdetters that h^ investor s with 
smaller portfolios to gain access to the compa- 
ny’s recommendations. Investing for a Better 
Wodd (monthly, 529.95 a year) inrfodes gener- 
al hews and -a qnarteriy ranking of mutna} 
funds, whBe more specific advice and write-ups 
on controversial companies are listed in Frank- 
lin Research’s Insights (monthly, SI 95 ayear). 
" . fit soate cases pnvatecfiem scrrices daaaing 

together iflx-minded investocs into^^^^ 
ptutfoSo. While this might suit most private 
investors, those with ethical and environmental 
concerns may fed it toils to take account of 
their specific needs. 

are matoug life easier for those who prefer not 
to submit themselves to to standards set by 
poo Jed critical and green investment funds. 

The first trend isthat more companies now 
want to be seen in a socially responsible tight. 

The combined presrare of legislation in same 
industries far such dungs as pollution control 
md demands from private and institutional 
mwstors is encouraging companies to be more 
open abort; ton activities. .. 

information to 

In Loudon to Ethical Investment Research 
Service, or EIRIS, offers different services de- 
pending on whether their clients’ interests are 
ethical, environmental or both. 

Ethical investors fill out a questionnaire fist- 
ing to companies and sectors they prefer not to 
invest in. 

From this, the research service produces in- 
vestment choices among 1,000 British stocks. It 
also offers a portfolio screening service aiming 
at sourcing companies with a positive environ- 
mental performance. 

Ethical and e n viron mental research centers 
are also sponging up in Switzerland, Germany 
and Austria. 

Eco-Ratmg International in Zurich offers 
environmentally led investors the same type of 
ratings as Standard & Poors off a to those with 
purely financial concerns. 

Companies are rated on a scale from minus 
five to pins five. The minus figures denote bow 
harmful a company's activities are to the envi- 
ronment. The positive figures are awarded to 
those creating environmental benefits. 

The company’s spokesman, - Robert Chan- 
son, says that although only a few companies 
have opted for a rating, things are c h a ng i ng: 
“We usually rate small- to medium-sized com- 
panies, hut we hove just been approached by 
our first blue drip company. It is considering 
being rated as part of a public relations cam- 

Info-Centre Suisse, based in Fribourg, Swit- 
zerland, publishes similar reports- Whfle they 
do not go into as much detail as Eco-Ratmg, to 
cost of to repeats at around S10 apiece — 
tmVw! ihwn affordable for even the smallest 

private investors. _ 

Eco-lnvest in Vienna publishes a f ortnig htly 
tqpdaie on which companies across Europe are 
working to protect to environment. 


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I lfl If; 1 r IJ f 1 1 1 ill I A I vW*i;» |IJ>1 fjm m D»1 


For Investors in Germany, 
Scarcity of 'Ethical’ Funds 

For 'Correct’ Investing, 

By Judith Rebak 

Socially Responsible Funds 

By Ann Brocklehurst 

G ERMANY, the counuy that gave 
the world the Greens, has lagged 
far behind other nations when it 
comes to green and to ethical in- 
vesting. There are only nine Deutsche mark- 
denominated ecological funds for sale, eight of 
which are registered in Luxembourg. And there 
are no ethical funds buying German stocks 
despite the acute national sensitivity to moral 
issues that is a legacy of World War II. 

On top of this, he noted that some fund 
managers also worry that if they were to offer 
ethical funds, it would lead to their ordinary 
funds being seen as “unethical” 

Max Deal the editor and publisher of the 
Vienna-based newsletter Oko Invest, says the 
regulatory debate over ethical and green funds 
in Germany can be seen as an example of 
“German thoroughness. 1 ' 

He pointed out that even in the area of 
ecological investing, where it is easier to come 
up with definitions for companies making envi- 

O N SepL 24, 1993, the U.S. social 
investing industry came to a cross- 
roads. On that day. Nelson Man- 
dela. leader of the African National 
Congress, called for the return of foreign invest- 
ment to South Africa. At that point, social 
activists in the United States estimated that the 
bulk of the 5800 billion in “socially responsi- 
ble’’ investments was placed in companies with 
only one requirement — that they not do busi- 
ness in South Africa. 

“South Africa was really the catalyst.'* said 
Steven Dyott of the Council for Economic 
Priorities. “Its passing signals a change in social 
investing, namely a much greater movement 
from avoidance to pro-active efforts Gke dircet- 

The main problem in establishing ethical 
funds is defining “ethical'’ to the satisfaction of 

government regulators. The federal agency re- 

r oilmen tally friendly products, “most funds 
find it quicker and cheaper to set up in Luxem- 

j set up in Luxem- 
bourg than argue with the federal regulatory 

Mr. Demi also disagrees with Mr. Humbert 
on the subject of demand for ethical and eco- 
logical funds. While the concept of ethical in- 
vesting is a new one in Germany, it has been 
gaining ground rapidly in the current decade, 
he said, adding: “Germany is just five to 10 
years behind the tunes.” 

Deutsche Bank’s DGW investment fund sub- 
sidiary noted this month that there was growing 
interest in ecological investing. 

“But the volume is stiQ not big enough,” it 
said, “to allow for the sufficient spreading of 
risk among indivual stocks in an ecological 

DGW added that so-called German ecologi- 
cal stocks also have been performing shakily 
recently with some of the key companies under- 
performing the stock market and incurring 

sponsible Tor approving the registration of 
funds has strict standards on “ethical” invest- 
ing, which President Wolfgang Kuotze says 
differ from those of regulatory aganries in other 

While foreign ethical funds are mostly al- 
lowed to operate on the basis of certain “posi- 

'h Daimler Benz ethical? 
Some of its tracks are used 
by the military. Or what 
about PWA? They are a 
paper maker but they 
also sell toilet paper to the 

Christian Humbert, 

Head of Commerzbank food unit 

Annual percentage return m U.S, ddlars’ through Jan. 31 r 1994. 

ly seeking out companies that have strong em- 
ployee relations or are active in the communi- 

Catvort-Arlet Appreciation 
Right! me Social Awareness 
Progressive Environmental 
Parnassus Fund 
New Alternatives Fluid 
Cafvart-Artel Growth 
Calvert Social Equity Portfolio 
Working Assets Clt Growth 
Domini Social Equity Fund 
Covenant Portfolio 1 
Dreyfus Third Century 
S&P 500 Reinvested 

vesting money manage ' 

: SkMSiS JSS « **£ ■ . 

Source: Upper Analytical Services 

ImcraBand HctoM Tribune 

In other words, in addition to such forbidden 
areas as weapons, liquor and tobacco, the U.S. 
ethical investing industry has now refocused on 
such issues as the environment, women’s and 
homosexual rights. 

But even in this new era, one question dogs 
ethical investing: Can you do good and still 
turn a profit? Of nine soaally responsible equi- 
ty funds followed by Franklin Research & De- 

velopment, a Boston group, eight were well 
below the average equity growth fund return of 

live and negative criteria” for stock selection, a 
German ethical fund would have to precisely 
define ethical to the satisfaction of the national 
regulatory agency and then show that the 
stocks in its portfolio adhered to this definition, 
Mr. Kuntze wrote in a commentary. 

He also wrote that an ethical fund with a 
precise definition could be too limited in its 
choice of possible stocks to be able to spread its 
risk properly while, on the other hand, a fund 
with a looser definition runs the risk of doing 
“ ‘unclean’ business next to its ethically ‘clean’ 

“Investors cannot be served with such shaky 
investments,” it said. “They should direct their 
interest to diversified funds that are developing 

But according to Oko Invest, several of the 
Luxembourg-bared, mark-denominated funds 
posted gains ranging from 13 to 28 percent last 
year, although many are so new that it is harder 
to track Iheur performance on a longer-term 
basis. One of the largest. H.C.M. Eco Tech, 
with 47 million DM (S273 million) invested, 
has, however, gained more than 73 percent in 
the past three yearn. 

below the average equity growth fund return or 
10.6 percent for 1993. 

“South Africa gave social investing a lot of 
visibility, but now I think people are going to 
look more at returns,” said Jerome Dodson, 
portfolio manager for one of the industry’s 
most successful efforts, the SI 14 million Par- 
nassus Fund. The fund returned 17.4 percent 

last year, more than 9 percentage points ahead 
of its closest ethical rim Why did it do better? 

of its closest ethical rivaL Why did it do better? 
“We find our universe of 500 companies is 
enough from a social standpoint," said Mr. 
Dodson, “but 1 think we’re more rigorous in 
our research. For example, we visit most of the 
companies we’re invested in.” 

“There’s nothing about the style that says 
you can’t do better,” agrees Patrick McVeigh of 
the Franklin Group, “ft's more a question of 
managers. Some are skilled and some aren't” 
Fr anklin manages S350 million for private ac- 
counts. and has an above-average annualized 

return of 17.26 percent for the five years 
through 1993. More significantly, its pro-active 
stance reflects the trend to changing companies 
by working from the insde. In the past year, it 
has helped Wal-Mart, the retailing giant, to 
establish a polity that ended its business with 
suppliers in Ghtna who woe using child and 
prison labor. “They actually fired some of their 
suppliers,” reported Mr. McVeigh- “So. we're 
willing to own their stock.” 

Steve Schueth, a vice president of the Calvert 
Group, the largest U.S. social investing player 
with about $1.4 billion in seven funds, acknowl- 
edged that performance was becoming more 
important. “A couple of our funds have under- 
performed, and we're taking some actions to 
change that,” he said. 

Calvert was the first to introduce a global 
ethical investing vehicle last year. Managed ly 
Murray Johnstone of Britain, it was up 2Sj6 
percent for 1993. 

But there are also signs ' that funds which 
focus more on specific issues can encounter 
unexpected pitfalls. 

No sooner had the Women’s Equity Mutual 
Fund been introduced last October than it 
received complaints about two of the 10 “wom- 
an-friendly" companies being considered for 
investment. Linda Pei, the President of Pro- 

Consdence Funds, the -Spud's manager., said 
that one of the complaints turned out' to be 
irrelevant, but the fund has nOt bought other 
company-. - • 

Nevertheless, she was firm mher objectives: 
“There’s no perfect company out there,” she 
said. “Sometimes they don't have the push to 
take that extra step unlie& somebody forces! 
them to." - ' ' - 

ourt ana impure — — - 

returninga patay 337 patent™' ™tounlmg . . 
for manag ement charges, to IW- . ' ■ 

“I welcome the new lands, but , 

have a difficult tune getting krcakj^ : ' 
point,” said Mr. Dodson. A faniT: 5. ; 
ooinL typically, is about 525 mOlion tmte- • .* 
^nagSuand with the industry 
S10.00D ah account. 2500 investors « a 
are needed to reach the break-even point. - . . 

Nevertheless, more «hiol fun^ ,v 

way. “The success of the ftdd wffl be s«mas . 

how professional we are at wtotwe 

Mr. McVeigh of Franklin. “People assumed - 
wfaea we started that it would . 

haired people who didn’t know the business, - 
and didn’t know how to invest.. W e can , 
anA nrnvitfc nrofeSSional retUXItS. 

nraiesaouai aim - .. 

But do the performance figures back such a 
confident assertion? . 

The fund, winch singles rout companies that 
lead in. hiring; promoting and compensating 
women, has attracted 5600,000 to dale. 

A : ' GLANCE at 'the table of ethical 
A fund returns, though may leave m-- 
■■A A vestors wondering jest ymerethe 
i I boom year of 1993 went. Wilhonly- 
two of. the funds monitored by New Yafr 
. based fund statistician Upper Analytical: Ser- 
vioes recording a double-digit return, myotors 1 - 

Another recent entry in the politically cioriect 
arena is the Lavender Screen ProjecL Rtm by 
Howard Tharsing of Progressive Asset Man- 
agement. an Oakland, Califomia.brokefagE. it 
evaluates how. public companies deal with such 
gay and lesbian issues as health insurance to 
same-sex pa rtners, and support for workers 
who tare HIV-positive or have AIDS. 

are going to need id believe way firmly .iat 
what .they, are doing ts worthwhile, since these 
'fund lag way behinnd every sector of the mis - 
US, equity markets. . 

On Mr. Tharang’s approved list are compa- 
nies like Apple Computer, Colgate Palmolive 
and AT&T, which recently had a “Gay Aware- . 
ness Week." ■ . . . • 

It's too soon to tell if the investing public will 
take these niche funds to their hearts — add 
bank accounts. The reaction anxaig soccti kt- 

“Frankly, i don’t think the profit mo tive is < 
wirat it’s all about," said one New Yarfc-basccf 
Hcra^fltamt to the ethical fund industry. *ffie ... 
way forward surely has to be to find, companies 
that conform to your principles. That's aefiffi- 
cult enough job without expectiung thondd: • 
p rod u c e r nasave profits each year " 

‘Tlie future of this industry is the ‘greerf 
audit, where c ompani es get points to their ^ 
'ecological probity, and capital ■ returns don’t ' 
play such a large part. Lode at h this way. You ' 
gpt your dividend through regenerating .the -■ 
earth’s natural resources." ; . • 

It is little wonder that such fund managers as 
Christian Humbert, bead of ADIG, the invest- 
ment fund arm of Commerzbank, have not 
attempted to come up with a definition that 
would satisfy the regulators. 

“Is Daimler Benz ethical?” Mr. Humbert 
asked. “Some of its trucks are used by the 
military. Or what about PWA? They are a 
paper maker but they also sell toilet paper to 
the army.” 

“It’s very, very dificult to define what an 
‘ethical* company is.” he said, adding that 
“even if it could be defined, there’s no demand" 
for ethical funds. 

Even ADIG’s Mr. Humbert, skeptical as he 
is about the current demand for ethical and 
ecological funds in Gemany; concedes: “We 
live in a highly competitive market If these 
funds are profitable, people will want to buy 

Companies Try to Determine Their f Green Quotient 

There may, however, be a solution outride 
the fund arena. ETiK Cologne plays an active 
role in the investment choices of ethical and 
green investors by bringing together relatively 
small groups of people. 

A MID today’s increasing sensitivity 
to environmental issues, companies 
are finding that their “green” quo- 
tient has as much to with toe land 
they own and toe buildings they occupy as with 
the products and services they deal in. Many 
have turned to toe major accounting firms for 
help in taking stock of themselves, giving rise to 
a new type of assessment animal: toe Green 

Typically, a green audit consists of a thor- 
ough on-site examination of how a company's 
buildings and industrial effluents, such as gas- 
eous or liquid pollutants, affect the surrounding 
environment The buildings’ suitability for ce- 

ll gathers 1.000 or so investors together to 
rash out an investment strategy. When a 

thrash out an investment strategy. When a 
fairly broad agreement is reached. ETiK Co- 
logne appoints an investment manager to buy 
stock according to the group's wishes. 

But whatever approach private investors take 
it is now easier than ever for them to pick and 
mix their own ethical and “environmentally 
correct" portfolios. 

cupation, particularly as regards construction 
materials that have been shown to be toxic, is 
also investigated. The review, usually conduct- 
ed by technical experts hired specifically by the 
accounting firm for toe audit, gives the compa- 
ny an idea of whether it falls short of current 
acceptable standards. 

Experts say there are several reasons why 
green audits are becoming more common. Last 
year, for example, the European. Union intro- 
duced a set of environmental guidelines, the 
Eco Management and Audit Scheme, or 
EMAS, which although still voluntary has 
served notice that environmental responsibility 
is a growing issue in Europe. 

“Companies are more nervous about: their 
environmental profiles and the potential costs . 
of bringing things in to line, and thatmdy cause' 
some of them to seek an assessment,” said Paul 
Harrison of toe auditing firm Arthur Anderson 
in London. 

Another reason toacekrte-to upgrade one’s 
green profile is simply public relations value. 
As awareness of environmental and ethical in-' 
vesting grows, companies arcincrearingly inter- 
ested in showing their greenest face to potential 
investors. Takeover situation^ can ai^o trigger a ' 
green audit: When one company buys another, , 
it wants to make sure that toe target's land and 

But why are companies turning to accomjt- 

ctinridtatos? '“If a ct&npany has serious prob- 
lems!: in.that area, iLcan affect its financial 

buildings represent an asset, not a chejmcal- 
soaked liability. ■■■■ '■ * - 

BttdfSanth. who worts ? 
wjtjhrmyrroniBental issues to the auditing, firm - 
.BBa&Yp^inLon^iL.. „ : 

* companies want ' 

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TmaBy, eVm iftwSgfi ®e xmf to brmg m'ifie ^ 
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• '■ 5 ■ 


Page 17 




Seek to Aid Third World 

- m MERGINCioaifc^ nri^u not seem 
• J - ■ -j-- the-Batarak dcstraation for. the ssv- 
' E-)V’ ingaoTtfrc ravtstot'wiih a cousococc, 
* ■ ■ * associated as these coraitnes are-whb 
sweatshop labor and exploitative wages,Nev- 

■ erthefeSs, esviroomental andethkal foods are 

■begmning to bay. *; *• .'■/’. 

‘I Instead <rf Mcririfyihg companies arid ebra- 

■ tries ttef Trill not mwsr in, fetrfands .are 

social' or envjioiimental ajnfitkjiK. Tfieyare 
.also emphasizing that thor funds havetwo 
. bottcanlines -=— .oop .financial .-and. -the qtber 
..ethical— each of wbiciisequa^nnportanL In 
. other-*words,they are sayingr **H yjit fnytst 
'With ts yon witt bdpmak&thc TbirdWorida. 
■'better place and' makemaney." .....;; 

.. Nict Frtier, maaagrag director of-tbelxifl- 
. don office of the E)dpbi Gfbtip, an investment 
management and ;confaMii^ «wipffliy; 5aid« 

“What we. are trying, to- do., is say: ‘Yes, an 
.. ethical^ stance is important, bat ultimaiely,if ; 
yoo want to change thrway c^talnwTOkyoa 
have to dernoostraiexeal eeonomb reairosand 
. economic drivers.’” . . 

• “We are dtafog^ he added, >dth triffions 
'arid bDEons^f doBabs and a r few nnJfiMsof 
' dollars here sad there that are ethkahy invested 
are not going to do any good.” . ' . ■ : \ \ 

' Eqraging uiaiicrts defined "by tbeWorid 

Bank as economies witix peMj^itaGNP of less 
th*n 57,633 inl99Q — s<xmanumisualj3lace 
‘.for ethical and eqyirotuoeatal fvm&/to invest 
..becauseat least jiart Of their appeal to in tena- 
" tionai capkd is thor lax sodal and eaviroa- 
■ mental controls, meaning that acompany. can' 
*. employ cheap labor with rip vacation or rick 
pay, arid can chop down virgin mm forests. 

Friends of the Earth and other social and 
: environmental groups mounted a Campaign to 
' prevent FT Bazzto Pacific limber, an lodme- 
aan logging company, from attracting intona- 
‘ tional investors vrith a S250nriffion stock feting 
on the Jakarta Stock Exchange Ian. samara. 

Despite allegations of .fflegal logging, ami 

Jiarsh labor -practices. Western investors 
Qodcedlo the share issue. It was oversubscribed 
and started Trat ^™g ^ j premium. 

Tohy 'Jrimper, an activist at Friends of the 
Earth, says sxyfimd that invested in an ethical 
.compmy in the agricntaral export industry, 
windi dcanmates many Third Worid eccno- 
- nriesvwoald gd. a v«ay poor return. ... 
-/^TTybu are.gamgto produce coffee in an 
ethical way” be said, to give an example, “yoa 
will be doing ft at a farhigher price than if you 
.are Nescafe." . . 

7 - Soanoof the older generarioo erf ethical and 
environmental funds merely apply social* 
acreenin&lo stocks selected by investment man- 
agers, and if they discover anything about com- 
panies lhat /suggest they may be unsuitable, 

.they a re- d ropped 

/• 'Calriat Group of Wasfrmgton applies just 
'such a tedtmqrie to the portfolio selected for. 
/Calvert Worid Values Fund, by Murray John- 
'.stprie,' a Glasgow-based investment manager. 
Tbe Worid Yahtes Fund holds- $80 mSHoir ot 
^securities arottrid the globe. • 

Y'ks only, enraging market investment is a 
. Malaysian brat Jon licfcomaa, a director of 
. sodri rriieridi at Calvert, rids has passed 
: Mr screening todate, whereas some parts of the 
; Jagaoe^-Mirsubishi Cmp.. which have logging 
. borineweshavenoL, 

;* . Bat antiy, he was^rited, this bank must have 
loatifc to campames with logging operations? 

companies tint are directly, involved." 

The sew generation of funds does not find 
•• their«hksKmh their scope for mvestment Mr. 
Parker of Delphi has two new funds. The $60 
sriffida India Environment & Energy Fund tmH 
be hrirodoced iri Kfordi, vrinle the S20 miDhm 

- Aftka attainable Tourism Enterprise fund is 
Scheduled farthe autumn. ' 

; Neither of. these funds win invest throagh 
stock markets; tw.w«»d they wSl autke invest- 
ments directly, generally in joint ventur es be- 

- tweerikradrim^aniesamiafiriKnecca^amea 
' In each cast^ die fund will be investing with the 

twin aims of boosting its bottom line and en- 

Fund Researchers: Ethics Are Subjective 

By Baie Netza- 

couraging improved management of the envi- 

The Indian fund wiB be mana ged by a joint 
venture between Delphi and Bombay-based In- 
frastructure Leasing A Financial Services. Mr. 
Parker said the venture might establish a leas- 
ing company to upgrade two-stroke engines on 
motorized riskshaws, winch account for 45 per- 
centof India's annual gasoline consumption, to 
more efficient four-stroke engines. 

The cost is only about $100 a vehide, and the 
estimated pay-back period L6 years, but the 
average driver cannot afford it. If ihe driver 
leases the engine, everyone makes money and 
there is less pollution. 

In Africa, there are plans to invest in safari 

ramp s riwit underperfo rming. *[Tn s would be 

done with the help of local partners and techni- 
cal partners, tike the WorldWSdtife Fund Mr. 
Parker also plans to persuade international 
government bodies to invest. With tourism to 
view nature estimated to be growing more than 
25 percent a year, there should be scope for 
making nxjney. And, at -the caTra * rima l Delphi 
can ensure its projects help the environment. 

Ruth Hadtin, president of the Overseas Pri- 
vate Investment Corp n a U-S. government 
agency that promotes investment in developing 
countries, recently predicted that the environ- 
mental industry in Sooth America alone could 
be capitalized at more than S10 bfflion in the 
year 2000. If that sort of prediction holds true, 
as well as Mr. Parker's claim that his invest- 
ments should see compound annual returns as 
high as 45 percent, this approach may achieve 
two strong bottom lines. 

I NVESTORS don’t have to 
worry about a shortage of 
research agencies chiming to 
screen for socially responsi- 
ble investments. It’s the supply of 
information backing up that re- 
search that may cause some con- 
cern. ‘There’s never enough infor- 
mation,” conceded Suzanne 
Harvey, director of Prudential Se- 
curities’ Social Investment Re- 
search Center in Washington. 
‘That’s the nature of the business.” 

Unlike financial disclosure, 
“ethicaT disclosure from a compa- 
ny can include reams of inlonm- 
tjco, or be virtually nil. As a result, 
investment analysts trying to iden- 
tify socially responsible companies 
constitute a new breed of detective. 
Sources feeding them with infor- 
mation range from grass-roots en- 
vironmental groups in small com- 
munities to inte rna tional human- 
rights associations and 
independent scientists keeping a 
critical eye on industry. 

Technology is also key. Govern- 
ment databases and private on-tine 
computer services are tapped into, 
records of litigation printed out, 
emission reports scanned. Sub- 
scriptions to special-interest news- 
letters are bought, and competitors’ 
research is tued. 

At Franklin Research & Devel- 
opment in Boston, a staff of five 
full-time analysis (assisted by in- 
terns) covers regularly about ISO 
companies. But m addition to their 
in-house research, Franklin’s mon- 
ey managers also buy research from 
such other firms as the Investor 
Responsibility Research Cento 1 in 
Washington, and Kinder. Lyden- 
berg, Domini & Co. in Boston. 

But while Franklin concentrates 
on those companies that pass 
screening in such fields as armuat 
rights and employee relations, 
many full-service brokerage firms, 
such as Prudential, will help their 
clients screen according to their 
own ethical code. 

To supplement its research, 
Franklin relies in ran on the re- 
search of nearby Kinder Lyden- 
berg. At that firm, a staff of 12 
analysts cover about 900 compa- 
nies, about six times the number 
that Franklin covers, with only 
twice the number of analysts. 

“We’ve been doing this for six 
years and we have a backlog of 
information on these companies 
which saves us some legwork," said 
Peter Kinder, president of the com- 
pany. Performance is measured by 
tracking the Domini 400 Social In- 
dex, a group of 400 ethical stocks. 

Yet despite the shared informa- 
tion among so many of the re- 
searchers in the socially responsible 
investing field, recommendations 
remain largely subjective. “Unfor- 
tunately. there doesn't seem to be 
any u n i f orm standard as to what is 
really considered an ethical invest- 
ment,” said Jeanine MagflL an ana- 
lyst who tracks environmental and 
socially responsible mutual funds 
for Monungstar. a fund-rating ser- 
vice in Chicago. 

Take the steel company Nucor. 
Nearly three years ago. the compa- 
ny figured on Franklin and on 
Kind er’s recommended list. Then 
news of Nucor’s high worker-fatali- 
ty rate grabbed the headlines. 
Kinder’s analysts decided the sta- 
tistics were an anomaly and kept 
the company in their index. Frank- 
lin removed the company from its 
buy list for a year aim a half. 

“They were trying to rush a new 
technology into the marketplace 
but they weren’t giving their work- 
ers proper training,” said Frank- 
lin's director of research, Patrick 
McVeigh- Two months ago. Nucor 
regained Franklin's approval after 
it convinced the firm it had upgrad- 
ed its training program. 

At the Interfaitb Center on Cor- 
porate Responsibility in New 
York, disagre ement on some issues 
is so strong that members have sim- 
ply agreed not to discuss them. For 
mtianm , some Catholic institu- 
tional investors belonging to the 

For the Resolutely Incorrect, Investing That Way Isn 9 t as Easy as It Seems 


FthmarefuiKfrtmthesideoftfaeangelsvhow- 1 
abort investing onlhe other side of tiie edestial 
fence— whaiabout an unethical fund? The idea 
is probably perverse enough to givte one or two. 
investors* fittfcrfan^ewca ff it .aright he atittie difficult 
•^o market 

ion must be financial; hot ethical: 
fund make money? 

t “You’d expect an unethical land to make money 
.when times are bad. When there’s a slump, people are 
driven to drink. And after alcohol the comfort of 
.tobacco is just about the last thing they’ll give up 

But the first 
Would an 

said one prommeat New York-based ethical fond 
analyst who spoke on condition of anonymity. 

But there are two problems faring would-be inves- 
tora m these most prevalent of fanman vices. First of 
«B, is the actual performance of stocks in this sector, 
and second a the difficulty of o b ta inin g a stodc that 
invests “purely” in one product or. the other. 

Ever since commentators stopped talking about 
recession arid began nuking hopeful noises about a 
recovery, these .recession-proof stocks have performed 
respectably, btt nm very wefl. Presumably investors in 
u ncritical stocks would have straightforward, base 
motives snd> as profit (m extreme cases, greed). 

Unfortunately, the best returns have been else- 
where, in the booming financial sector — although 
p resumab ly an unethical fund manager might find a 
bank that was making money out of lending to a 
politically “unsound” regime somewhere. 

Winch brings us to the second problem for the 
unethical investor. How do you find a purely unethical 
company? Clearly, if a company is quoted it is adher- 
ing al the very least to contemporary accounting 
standards. Already these companies are tainted by 

play. Even the dirtiest chemicals company will pro- 

duce something that helps protect the environment. 
ie drinks ai 

And then there is the difficulty of finding a pure 

While just about all the drinks and tobacco companies 
have hugely diversified industrial bases. 

If you invest in BA.T-, or British American Tobac- 
co, for example, you find yoa have put your money 
into a multinational conglomerate with interest in 
manufacturing and financial services. Selling ciga- 
rettes and cigars is a relatively small part of the 

“Perhaps it’s just better to stick to trying to make 
some money," said the New York-based analyst- — 


What do you get 

from a Stockbroker 

that doesn’t give 


Fidelity International Investor Service 

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coalition would like io screen out 
investments in companies produc- 
ing birth-control puls. Other reli- 
gious groups in the 250-member 
coalition disagree. Since no agree- 
ment can be reached, the groups 
have formed a son of “peace trea- 
ty ” and will not publish news on 
yifh screening in its newsletter. 
The Corporate Examiner (10 issues 
Yearly. S35h according to Diane 
Bratcher, director of communica- 

la some cases, companies can 
pass muster with a research agency 
if they keep their “unsocial" activi- 
ties to a minimu m. Ask Kinder 
Lydenberg what they think of 
weapons makers and you’ll bear 
they have a tolerance for compa- 
nies where weapons account for 
less than 2 percent of sales. Why? 
"It's a practical screen," said Mr. 
Kin do-. 

Because the Defense Depart- 
ment and the Energy Department 
only identify prime defense con- 
tractors and not subcontractors, 
“it’s incredibly difficult to identify 
the smaller subcontractors." Mr. 
Kinder said, adding. “It's usually a 
tip-rtf if there's a retired admiral 
stung on the board.” 

Though poor government re- 
cords have long plagued analysts, 
the latest research challenge comes 
in the field of international human 
rights. Most ethical investment re- 

search companies have dropped the 
exclusive focus on South Afric 


with a more genera] screening ex- 
amining a company's international 

For instance, research uncover- 
ing forced prison and child labor at 
some Chinese factories persuaded 
Wal-Mart to adopt new standards 
for its suppliers. 

FUND UP 127.2% 

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The Fund invests in a well diversified portfolio of shares 
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CaO Jamie Kilpatrick on 
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t Inter Casn Ecu ■ ■ -Feu 189405 

r infer Co* GBP c i*67.« 

t liner Cosn uso s imts 

/ Inur Ctnfi Ven._ Y 1*5170 


tv interbond USD * 1*** 41 

• BEF/LUF BF 1073*100 

• MulHdevIsnDM DM 30547* 

• USD 5 13*140 

• FRF FF 19851.92 

• ECU EO) 1234J1 


• Austral* S J»J49 

• Franca ff 12457 J3 

• Europe Hu Mord J tgJ 

w Europe Hu Centre—— DM 2*2195 
w Europe duSud Ecu 980.72 

• Jonan — t >2280 

nr Amerlqiw ou Nora 1 ItOin 

• Sud-EH ASlOTIqi* S 17*180 


rt Bonk of Bermuda Ltd: (809) 29W000 

t Global Hedoe USD J JIM 

i Global Hedge GBP 1 ics* 

I Euraocan & Atlantic _~J HAS 

7 PacfRc 1 Jl« 

t Emerging Markets 1 U» 


0 Fniclf lux ■ QW. Fses A FF 8*10.95 

0 Frucfllu* - ObL Euro B— .Ecu UB3J2 

w FrudlkH - Actions Fits C _FF 901.10 

0 Fruamn- Actions Eure D. Ecu 1B1U1 

0 Fruetlkix ■ Court Tcrme E*5F 8*6472 

0 FructlWs-OMerkF OM 1045JW 

Tel : 1809) MS 1400 Fax : IB09I MS MO 

b HlonorkMe CoMlai Carp 5 I2458J4 

m Overlook P ertarmonce Fd-> 1350-14 

mPaeJffeRiMOpFd i 11171 E 

M Seale SI. 51 Heller ; 0511M331 

0 Caollal S 3U29 

a InriMTM - --8 14411 


a Lana Term S 311*45 

o Lana Term ■ DMA DM 109.0787 


• Cm Ci Norm America Fi IU* 

ERMITAGE LUX (3S2-487330) 

w Ermltaoe Sett Fund J 710* 

• Ermlfopv Asian Hadae Fd_S IMS 

• Ermltaoe Eure Hedoe Fd JIM 1433 

w Ermlloar CrasSvAiia Fd_S 214* 

• Ermltaoe Amer Hdo Fd.— 5 *A* 

• Ermltaoe Emer Mkts Fa — S 1*72 


0 American EauNv Fund — S 270.90 

a American (teflon Fund S 21443 

» Aslan Eaul tv Fd S 14U3 

• Eureovwi Euirihr Fa S 12*40 

EVEREST CAPITAL 1109) 2922290 

m Everts! Control lull LM 1 134*0 


0 Discovery Fund S 217* 

d Far East Fund S 82.72 

0 Fid. Amer. Assets — .5 20*49 

0 Fid. Amer. Values iv S 1175*9.00 

a Fronller Fund S 39J2 

0 Global Ind Fund ... 1 2827 

0 Global Selection Fund— S 2349 

a international FunO S 2041 

0 New Europe Fund S UTS 

0 Orient Fund ■ 8 13119 

0 Podfic Fund—™ i 41190 

d Snedai Grawin Fund 1 *us 

0 World Fund S 12143 

_» *U9 

_5 2411 


/ GCM Global SeL Ea S 11129 


0 Monoaed Cwrencv S *118 

0 Global Bond _* MAS 

0 Global Hlgti Ham Bona_S 2*70 

d Gilt At Bona C 11.99 

d Euro HNei inc. Bono t 2435 

0 Global Eaultv S 9437 

tf American Blue Pita —I 29.17 

0 Japan and Pod Be 5 13SJ1 

0 UK t 2902 

0 European— S 11145 

0 Oeutschetnork Money— DM 89109 

0 US Dollar Money. S 31172 

0 US Dollar High Yd Bond™! nm 

0 Inf 1 Balanced Crtti_—J 3*91 


• HasentUcMer Com AG S ffiSZCC 

• Hoien&icnier Cant ine__J 10941 

• H me nbktiler Dlv 1 1014* 

• AFFT S 130153 

HEPTAGON FUNDNV (5999415551) 

/ lleptopon OLB Fund S 10542 

m Heptagon CMO Fund S 17945 

Bermuda; [I09)J9J *000. u«; 13ja]*B* M *i 
Fhol Prices 

mMermes European Fund Ecu 32741 

m Hermes Norm American Fd! 309.16 

m Hermes Aston F<xk) 1 *01*1 

mHermn EmersMAisFuiKLS 14L35 

m Hermes Strategies Fund — S 40940 

m Hermes Neutral Fund S 1 ’.9.1 1 

d « 

0 Class A-2 .1 

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0 Regent GUI Jan Grm Fd i 17751 

0 Rvaeat Gtbl Pod* Basin S 47848 

0 Regent GRU Reserve S 13*71 

0 Regent GRd Tiger S UM 

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ra RJ_ Country wm* Fd 1 289.21 

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0 fteoent Srt Lanka Fd % 3411 

m Recent Pad He Hda Fd j 1114177 


FOB 97130M AZ RutterdanOailH 2M122* 

0 RG America F«w0 FI 15070 

0 RG Europe Fund FI 13429 

0 RG Pacific Fund H 37070 

0 RGDWranteFtmd FI 5490 

0 RG Money Plus F FI PI 11247 

0 RG Matey PlusFi S uoa 

0 RG Money Plus F DM DM 13UI 

0 RG Money Plus F SF SF 10*40 

Mere Robeoa sae Amsterdam SMa 

wAdanCaplM Holdings Fd_S *543 

• Dabea LCF RattacMM Bd_S 301113 

iv Ddwa LCF RrtftKft Eb — S 114*5) 

w Fare* Cant TrodmanCHFJMF 1028448 

• Letarni J mu 

"Which Way 
Are The 

An JHT conference oh 
global fund. •. 

. management; 
March 23-24. . - 
For details, fax 
. Brenda ;JHogedy at 
(44-71) S3A.0717. 

AS-AustraHan Defers; AS- Aw^SchfllliwsiBFjBBtatoTiFrBnigiCS- Canadian 0oikBs;pl|- Deutsche Matte ECU > European Currency Unit: FF* ftaichF»ancs;FL- Dutth Ftarire « ’ ■ — 

■ For information on how to list.your fund, fax- Simon OSBORN at (33-1) 46 37 21 33 - 

8 • miaputfled aaiily i-not rsqteter^wfth rflyitotofy auttionty. P: MKKfle of bw ana offered pnee. E: estimated poce; y: pnee cto)«e<l 2 days pndrfa fubtafton; e bid price' ■ /*+a Ji, s l-W. 

World News. World Views. ■■■: 

Every day, the International Herald Tribune provides clear and concise coverage of^ world events 

with a scrupulous separation of reporting and opinion. . . . 

For objective and informative reading, make sure you get your copy every day. 

For subscription information, please calL 

Europe/Africa/Middle East (33- 1 ) 46 37 93 61, Asia (852) 9222-1 188, The Americas (212) 752 3890: 




.••• ’'.'KS'I ‘ 
- • * 

nniJMitu with no m» vom. mils 4! «p w/uounvtun tuft 

•..V* "-:-4 

fj}\ £t* s 

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Page 19 








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Mutual fund Conference 

aJH'scSs oT jndastty 

converged cm Tarpon Stadngs, Honda, last.' 
week fcnbel2th aimtuQNaiKmal lnvestiiirat 
CompanySemce.Assoeiatimcoiif£raice. Re-, 
views were upbeat'. .;' : 

; Topics of me three-day event iodadeti 4a ? . 
new cfcangstg the face of toe 
indusuy; the operational issues faced by trans- 

fer agenlsand distodians^'aodtnaiiagecient of 
the modem, work. face. 

. The association's executive ifecctor, Robert 
L. GaJdbere, said attendance at (heconferaaoe 
has rifttobco: nearly 20 percent annually for the 
past two years, a trend That -same conference' 
attendees sad reflected thelLS. fund industry's 
steady, growth. The association, based in Bofc 
ton. holds about IS additional- conferenced 
year in various international locations to ad- 
dress cunesi industry issues. 

“We’re nyiag to provkle ihe best oogoing 
educatkmon themostii 
cjfic topics,” said Ml 

: " For mfcainaikHJ on future NICSA events, 
calll (617) 277-1 855. 

Ktogmnt Qroup of Hong Kong 
EmorgbHHMnrkot Fund 

Regent Food Management, a Hong Kong- - 
based fund group specaafcing in Asian invest- 
meat, is branching oat with the introduction of 
anoptt-aiaexl mutual fund that w31 invest in 
er per gm&Latin. American andAaan markets. 

• Yetnnotber aocrging markets fund? Regent 
’ Ftmd - Management’s chairman, Jim Mellon, 
argues -that “there are still tremendous anex- 
pirated opportunities in developing and emerg- 
ing markets.” 

‘The entering markets of Asia and Latin 
America have consistently outperfromed ibose - 
of tim rest of the wodcf since 1988*” he said. 
“TheWorid Jfarik forecasts that the gross do-' 
mestic product growth erf these countries wfll 
continue to exceed thaterf developing countries 
into the next centory.” •. 

- Mr. Mdkra a too points out that the price of 
shares rebtivetoTfle earnings offered share- 
ImMersis still equal to or. more favorable titan 
. m iodnstriafized, .developed stock markets, 

.; The new fcnd,tbe Nova Latin Pacific Invest- 
xnest Go,- wiU Valraes Finamex, an asset 
nuntaganeat. subsidiary erf the Mexican Grupo 
. Fioanoao Ffomex Hnameai. " 

The fund is insured in the Cayman Islands 
and wfll be listed cm the Irish stock exchange. 

Minimum investment is $104,000. 

. For more information, contact a Bankers 
Trust or Fmacoex Securities office, as both 
companies are acting as placement agents. Or 
Call Regent Pacific’s London- based marketing 
branch in London at (44 71) 332 0360. 

Standard Chartered Sets 
Fund With Rothschild Unit 

A new set erf offshore currency funds in the 
Channel Islands has been launched by Stan- 
dard Chartered Bank (Cl.) Ltd. and Roth- 
schild Asset Management (Cl.) Ltd. The mon- 
ey funds work by pooling funds and offering 
individual investors the benefit of Inter-bank 
interest rates. 

. “Many of oar worldwide customers bolding 
accounts in Jersey, Guernsey and the Isle of 
Man are concerned about the effect of falling 
bank interest rates on their deposits,” said Bev- 
erley Lc Carrot, Standard Chartered’s market- 
ing manager. “The link with Rothschild Inter- 
national Money Foods is aimed at giving our 
customers easy access to an alternative invest- 
ment vehicle which may generate enhanced 

Fra more information, call Standard Char- 
tered in Jersey at (44 534) 507 QQl. 

Phone Bills: Outwitting Larcenous Hotels 

By Joshua Shapiro 

A FTER making sure that 
all passport, visas, and 
shots are up-to-date, the 
next task on the prepa- 
ration checklist for an overseas 
traveler ought to be enrolling in the 
KaUback Direct service offered by 
International Telecom Ltd., a 
young American company based in 


■4 ; 

*•"* • " > ? &** A**- *»>•* 

-- •-* •_ r ;.- J . •-* . -y 

. V..,. . ■ i&x * 

This service allows travelers to 
make phone calls that are unbur- 
dened by any surcharges from ho- 
lds or phone companies. Callers 
get dependable, high- quality digi- 
tal service at a rate typically less 
than half the cost of “home direct” 
methods. High-tech travelers can 
use this method with computer mo- 
dems and portable fax equipment. 

Thank mainly the holds for gen- 
erating an unlikely new export in- 
dustry in American phone services. 
Frequent travelers find that the 
more comfortable the room accom- 
modations, the more egregious the 

a Clean Conscience 

By AfiueSoffivan 

R£ British investorf less virtuous 
than Americans? Ccrtainty-the; 
Americans adppred eihical investing 
, long before the.«ritish. Batnow that 
the British have t hs cd^medhow^torBalre moncy 
without adding, to ihe som of human misejy; 
investor are flocking to the idea! 

■ The first ftjtidi “^ncaT fund, was launched 
in 1984, 13 years after the 'first UJS; ethical 
fund. It is not always easy to compaife Ekc with 
like in ibis'fieid: sqm? fends /treat investments 

eisdonot^ut by any meam^Mfehoiffraa- . 
asm fcit ethical i nv estment isgowing fast - 

Mrae than £550 million ($800 miDion) is now 
invested in ethical funds m Britan, im from 
£320 mfflkmm May 1992 and £144 miiHoQ in 
Febmaty 1989. This is a far faster growth rate 
than that Shown by tiaBritisbmvcstmem ioar- 
kei as a whole. - 

Patrick Medam; of iheindqwident financial 
adviser Holden Medan, based in Bristol, said 
dients are becoming nxac canfident about eth- - 
ical funds as the funds develop longer trad:, 
records. ... 

.“Foot or ^ five years investors were just 

putting a thousand pounds in; just a toe in the 
water ” said Mr. Medan. “Now they have the 
confidence to do much more. We have 25 di- 
ents who hava put in excess of £100,000 into 
critical funds.” . 

/Some funds are less scrupalons than other, 
however. Hidden Median wH sbratly publish 
1994 guide within etincal and mmronm e n t al 

rating fra each fund. The company asks some 
timj^.qutttioBS designed to weed out the not 
so ethkaL “What resources ^do fund managers 
^ily to tine screening process? Do they have a 
committeeof reference, an independent watdh- 
dog groro that, meets regnlariy to review the 

: fmtfspoaries?^;-. 

' .Bat me^parsauitive investor would probit- 
Wybebesi aavised to stash his money under the 
maftress. |n_Britain, asin thc United Stales, 
there arefew myestmenis tint can be made with 

rnttmlrtft rwrifidginee by the nhra-soiipnkms. 

' ^"“The British rinmorelikdythan Americans 
to- say that, while they are oonoemed about 
vriototm^aoiaare drang, they recognize that 
it is well rrigH. inqmsrible to have a squeaky 
dean pOTtfoho” raid Tessa Tennant, head, of 
research at Jtqtiter Tyndall Merlin, a London- 
basedfirmi that tuns several funds and advises 
wealthy private clients about ethical invest- 
ments. . _ . ‘ ' 

British investras tend to be less bothered 
than Americans about investments in China or 
Spilth Afika, Ms. Tennant said. Instead, they 
worry about companies seDing arms — fears 
ih»r are Bkeiy to be fanned by the current 
investigation into whether arms sales to Iraq 
wise sanctioned by the British government iu 
defiance of fauecMtiosial yanetinns. Other tag 
concerns, are investments mthetobaccoim&s- 

fiy tmclMr «»|H^y i>n<l aninuiT testing, die said. 

“The markets are different,” agreed Mr. 
Meehain. “There is far mrae money invested in 
critical faads in the United States than in Brit- 
ain, bet many of the American, funds do not 
have as high a level of screening.*' 

Of course, American investors have pieoccu- 

lhat would not even occur to most 
nosh investors- Fund managers say that some 
Americans are worried about investing in Brii- 
ish companies operating in Ulster. 

This rear isbest Illustrated by the MacBride 
Principles, a set of nine measures devdoped in 
1984 by the Office of the Comptroller of New 
York City to increase employment opportuni- 
ties among Catholics is Northern Ireland 

The principles, which are in force in 13 US. 
states, prohibit state and municipal investment 

tn Ulster crenpanwK ifaemal to nmtnlmn tmfair 

employment practices. 

UjS. investors may be reluctant to put their 
tscoey into Northern Ireland, but many Ameri- 
can investment foods are haroy to entrust part 
of thar portfolios to London-based ethical 
fund managers to give them an inter national 
riiinwiAvi Continental European investors are 
also flocking to London, advisers say, because 
they are nn*hle to buy into ethical funds in 
then- home countries. 

British financial advisers also expect demand 
fra offshore ethical funds in the future. To date, 
however, the only fund available is the Royal 
Stadia Best of Green fund, baaed in the Isle of 
Man. The management charges are sleep, ac- 
cording to Mr. Meehan, and most investors are 
better off paying tax on on-shore funds. 

The Friends Provident Stewardship Fund is a 
tag favorite with investors. The fund, which 
accounts for about 55 percent of the British 
ethical fund niatkrt, has recorded average an- 
nual growth of 21.4 percent since its introduc- 
tion in June 2984. That compares with an 
average wrninwl growth rate of 15 percent aver- 
age for British funds generally. 

charges oo checkout. After banquet 
services and laundry fees, most ho- 
tels have found a sizable profit cen- 
ter in the surcharges ana inflated 
usage tolls they apply to guest calls. 

A hotel typically adds a fixed fee 
to make any outside call and then 
adds a shift premium over normal 
phone-company tariffs. For several 
years AT&T tried hard to curb ex- 
cesses. It ultimately failed in its 
campaign to persuade hotels to 
moderate ana publicize these 
charges, tearing the traveler on his 

In addition to hotel costs, calls in 
some countries are subject to the 
vagaries of the local phone compa- 
nies that may not begin to provide 
convenient, reliable or inexpensive 
overseas service. Remember the 
rule of thumb for calling from un- 
derdeveloped countries: The more 
inept the service, die higher the 
rates. From a caller's perspective, 

for example, Russia is now an un- 
derdeveloped country. 

The phone system in the United 
Stales is typically cheaper than oth- 
ers. Entrepreneurs at International 
Telecom, who provide KaUback 
Direct, have figured out a way to 
profit from the seeming limitless 
greed and incompetence of botc- 
hers and phone companies by let- 
ring anyone dr cum vent exorbitant 
charges and tolls as they roam by 
splicing them into the U.S. phone 

The service is based on special 
software written for an advanced 
computerized central office phone 
switch. Subscribers are given a Se- 
attle phone number to rail. To use 
the service they call Seattle but al- 
low one ring and then Immediately 
hang up. Since no call is completed, 
there is no cost or room charge for 

The digital switch has been pro- 
grammed to know the number of 
the caller and returns the calL If the 
subscriber is calling through a 
switchboard operator, a computer- 
generated voice will ask for the par- 

ty. This is done by name and room 
number, in English and in the lan- 
guage of the local country code. On 
answering, the caller gets a regular, 
U.S. dial tone and from then on, 
can cab any number in ibe world. 

Calls to the United States are 
billed at the U.S.-to-foreigo-cquiJ- 
uy rate with any applicable rime- 
of-day discount Calls outside of 
the United States are billed as the 
sum of the U.S.-to-oiigmariQg- 
country call and a UA-to-destina- 
ti on -country call. Billing is month- 
ly via credit card. There is a 
monthly S10 service charge. 

The service is very useful for call- 
ing across what are otherwise 
dosed borders. For example, calls 
to Russia from Saudi Arabia or to 
Bosnia from Serbia that are nor- 
mally restricted by local authorities 
may be made via KaUback. Callers 
can also use this method to Teach 
any erf the toB-free 800 numbers in 
the United States. (AT&T's US Di- 
rect will only reach AT&T 800 

The central computer can be 
programmed automatically to call 

daily at a fixed time, so that a user, 
say in Cambodia, would not be 
dependent on getting the initial 
overseas connection to the United 
States. Once the initial dial tone is 
received, a series of calls can be 
made without having to call Seattle 
each rime. The connection can be 
used for voice, facsimile, or data 
modem transmissions. Currently, 
about 40 percent of die traffic is 
used for noavoioe applications. 

Overseas Phone Charges Compared 

Cost of a 10-minute call made at 9 A M. local time, excluding any hotel surcharges. 

Bahamas to Los Angetes 

KaUback UCICaU AT&T Call Local 
Direct USA Direct phone co. 

$5.25 $10.63 $10.72 $27.00 

Melbourne to Boston 





London to Washington, D.C. 





Taipei to New York 



$19.29 ' 


Liflehamnter to San Francisco 




$12.57 i 


Sources: KaUback Direct. MCI 

lmcruikfful Herald Tribune 

No. 1 


■ Piriaaiond Nonrae. RjI Mxnmg snd ■ 

■ Admriontat Suvicss nwiatte » ■ 

m raaswrtte ad Al leas 80n«i rticfens m 
00 vtthDoNddmnrai — 













• U K. LTD 

• U.K.PLC 


• B.V.I. 









onttbie n OuaBad 
For kmadatB Sanw enhu 

lBtDS»ai5S44 (24 Eros) Far 0624815548 
72 to BontSBert. liWta. WlY BOO 
Vt 0ft 355 1096 Fac 071 4653017 
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fet 53502 Foe 53S3S91 
immoc YBinUAH. Siirtnf 
24G?Bmof4iMfcalMK UKaraunftMt 
Coni Hong fan 

Tat (8335220172 FK(BS>SZm» 
KEVNMBBKL Attorow ttUw 
3501 JwaoM Road. Safe 2U». 

, tBMUi.CAS26S0.UaA. 

) 65433*4 fas (714)854 8967 
ASCattC winm p U d 

UK 0800 269900 
USA 1 300 2334444 
1 800 3323988 



Interest rat es continue to fall 
Stockmarkets continue to rise 

.. J- iff 


TSB’s Managed Portfolios 
continue to 

TSB’s three Managed ftarfolios haw djowndtodlenr 

very ample way for you to rate .advantage Otitis 

continuing opportunity, 

^Ewr chbfce of Managed Incpm^ Gcowtib or 

B a laiwedftwtft)^<iepcndspayrairpa^3nd‘uei^ 

and are the most convatient^ way for you to investin 
ty. TSB Offshore favcsoncfeFbt^Iim^ 

. y^vccfi -l Rmd is made up of nine . 
sub-funds which between them cow* 
airesrmenr markets around the 

woriiTbe mansqgtttwjBsdecrftren 
thertine sub fondswiridi best suits yotti 

needs sod will fijen mooimr your izrvescmenr and 
svritcfaitbetwrrn share dassessedring as mndt profit 
as possible for you. 

Ttenjcmbra, past performance is not necessarily a 
guide co the future and the value of shares and the 
iruxwne from diem can go down as well as up and 
cannot be guaranteed. Consequently on selling, 
investors may receive more or less than they invested, 
’feu only need £10,000 to invest in a top 

. p erfo r mi ng ibb M a nag e d Portfolio, 
for further details please complete 
and return the coupon below 

^Source TSB since launch 1st May 1990 - 
1st February 1994 -offer to bid. Gross 
income reinvested. 


! _ ' ■ Ad*«s:_; — ! 

I bbmr ■■ ■ ' 1 : ■ "• . — : . . « n>i I 

deal in just one currency 
want to keep my money 
in one place 
need an offshore 

account or 

7 " 

You have interests in more than one currency. You 
may receive income in your local currency, for example, but 
have short term or long-term plans for expenditure 
in another currency. The question is, where can you 
keep your money safely, knowing it will earn a competitive rate of interest? 


Standard Chartered offers a choice of two offshore deposit accounts in up to 23 different currencies. 
Both accounts will pay gross interest on what you save. And both offer a secure and stable environment 
for your money. 

Our Call Deposit and Fixed Term Offshore Deposit Accounts both pay competitive rates of interest, 
provided your savings are above the minimum balance leveL Higher balances attract higher rates of 
interest What's more, our Fixed Term Deposit Account allows you to lock in an interest rate over a term 
selected by you from the range we have available. 

At our offshore locations in Jersey, Guernsey and the Isle of Man, you'll find we have the experience 
and expertise to took after your needs. We can also offer convenient links with over 700 Standard Chartered 
Group offices worldwide. So we hope that having considered the question we’ve posed above, you’ll feel 
able to say 1 do'. 

Bor more information, including the minimum balances for each of the 23 available currencies, please 
return the coupon below to: Steve Cartwright', Standard Chartered Bank (CD Ltd, P.O. Box 830. Conway 
Street, St. Helier, Jersey JE4 9N2. Channel Islands. Or call us on Jersey 144-534) 507001. 
Fax: f 44- 534> 507112. 

*Cwmdc* — '-Hr US ECU Dntiriv IM, C—M IMhn M» hm, FraiA Fmx DiKt ('.urtkn. AaMwi Wl». kpAM V«n lln« 

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. AJJ 

Standard Chartered 

Persona/ Banking international 


Page 20 



Vlanning Traded for Wilkins 

New York Times Service 

By Robert McG. Thomas Jr. 

NEW YORK —Two flashy for- 
wards on the eve of free agency 
have swapped teams, with Danny 
Manning, the disgruntled Los An- 
geles Oippers star, going to Atlan- 
ta for Dominique Wilkins, the 
Hawks' aging but still effective hu- 
man highlights man. 

In exchange for the 27-year-old 
Manning, the Clippers will also re- 
ceive the Hawks’ first choice in the 
National Basketball Association 
draft either this year or in 1995. 

The deal, which came after Man- 
ning had made it clear that he 
would leave the Clippers when he 
became an unrestricted free agent 
after this season, was announced 
just before Thursday’s night's trad- 
ing deadline. 

Two other deals also beat the 

unrestricted free agent after this 
season, has spent his entire career 
in Atlanta. He is winding up a 
contract that pays him S3.S million. 

Although Manning and Wilkins 
have almost identical scoring re- 
cords this season, with Manning 
averaging 23.7 points a game ana 
Wilkins 24.4, the Clippers were 
able to command a premium for 
Manning — (heir choice of Atlan- 
ta's top draft choice either this year 
or in 1995 — because Manning is 
seven years younger ihan [he 34- 
year-old W ilkins . 

For Manning, who led Kansas to 

the National Collegiate Athletic 
Association championship in I9S8 
and has been longing for a profes- 
sional championship ever since, the 
trade seemed to be just made to 

The Oippers. who made the 
playoffs for the last two seasons 
but were knocked out in the first 
round both times, are languishing 
in the cellar of the Western Confer- 
ence's Pacific Division with a 17-34 

Under theft first-year coach. 
Lenny Wilkens. Manning's new 
team, the Hawks, appear clearly 


The Utah Jazz acquired shooting 
guard Jeff Hornacek and swing- 
man Sean Green from the Philadel- 
phia 76ers for guard Jeff Malone. 
And the Milwaukee Bucks sent 
center-forward Frank Brickowski 
to the Charlotte Hornets for Mike 
fi minski and a No. 1 pick. 

The Clippers, knowing they 
could not keep Manning, had 
talked with several teams, includ- 
ing Houston. Portland and Mi ami. 
before striking a deal with the 

Convinced that the Clippers 
were simply not committed to 
building a championship team. 
Manning turned down a long-term 
contract offer last July, signing in- 
stead a one-year deal that pays him 
S3 35 million. 

Wilkins, a 12-vear NBA veteran 
who is also scheduled to become an 

Suns Down Timberwolves 
For 19th Straight Game 

The Assoataed Pros 
The Phoenix Suns remained 
unbeaten in 19 games against 
Minnesota, defeating the Tun~ 
be rwolves behind 26 points 
from Cedric Ceballos. 

Phoenix, which has woo five 
of six overall, built a 65-57 half- 


time lead in Minneapolis, as 
Ceballos scored 1 3 points in the 
second quarter, The Timber- 
wolves, who lost their fifth 
straight, never drew within 16 
points during the second half. 

Dan Majerle scored 17 of his 
21 points in the first quarter, 
when he tied a Suns record with 
five 3-pointers. 

Rockets 93, KnJcks 73: In 
Houston, Hakeem Olajuwon 

had 29 points and 20 rebounds, 
and made four straight baskets 
in a fourth-quarter run that car- 
ried the Rockets over the cold- 
shooting New York Knicks. 

The Knicks. who shot 29 per- 
cent in a loss to Seattle on Tues- 
day. were off the mark again. 
They shot 38 percent, and 
scored only 29 points in the 
second half. 

Mavericks 115. Hornets 110: 
Rookie Jamal Mash bum tied 
his career-high with 37 points 
and visiting Dallas handed 
Charlotte its 12th loss in 13 

Because of injuries, illness 
and the the trade of reserve cen- 
ter Mike Gminski to the Mil- 
waukee Bucks before the game, 
the Hornets dressed only nine 

playoff-bound. Their 36-16 record 
puts them in a tie with the Chicago 
Bulls atop the Eastern Confer- 
ence's Central Division. 

Even so. Manning, who said he 
had not begun contract talks with 
the Hawks, made dear that he was 
not necessarily in Atlanta to stay. 

“I'm just glad I know where I’m 
going to be for the next few 
months." he said in an interview 
with Turner Network Television at 
halftime of the_ Knicks-Rockets 
game Thursday night- 

Al though Wilkins was not un- 
happy in Atlanta, the trade won't 
make him a total stranger on his 
new team. The Clippers' first-year 
coach. Bob Weiss, coached the 
Hawks for three seasons until he 
was fired last season. 

At a news conference in Los An- 

geles, Weiss, who had just talked 
with Wilkins, said. “He was a little 
down about the way be feels Atlan- 
ta has handled him. He's also excit- 

ed about coming to LA.” 

In the Horn acek-for-Ma lone 
trade, the Jazz acquired a better all- 
around player in Hornacek but 
gave up a player with a better 
shooting percentage. 

Hornacek is averaging 16.6 
points on 46 percent shooting. Ma- 
lone is averaging 16.2 points on 49 
percent shooting. 

“He's always been a hard-nosed 
player." Utah’s coach, Jerry Sloan, 
said or Hornacek. “But the biggest 
thing is he's a couple of years youn- 
ger than Jeff.” 

Hornecek will now be paired 
with the All-Star guard John Stock- 
ton in the Jazz backcourt. 

In the Brickowski-Gminski 
trade, the Bucks gave up their lead- 
ing scorer but got on extra Fust- 
round pick. 


Of Temple: 

: . . /rtiejhsoaatedPmf 

T hfo rim e' Mike WiHianis got flic 
attention he deserved . 

He should have been the focus 
after Iris gajne-wummg shot uneu 
Mas sachuse tts to victory 
rie on Feb. 13 .' Then th g- Cfffc 
c oa ch. John Chaney, stole th e mow 
with his post-game threat agamst 

iris counterpart, John Calipan. • 
But the tumor guard r eclaimed 
the spatfigfk iii-a rematch between 
the two Atlantic 10 rivals Thursday 


Dominique W ilkins, who has spent Us 12-year NBA career with the Hawks, wiH go to tbe Cfippers. 

Another Desertion 

taL He banked in 
'a 3-pointer with righr seoond^to 
play, to give the Llth-ranked. Min- . . 
piemen a 51-50 victory over No. 8 . '• 
Temple and rtiwr third straight . 
conference title. - 
“I was sitting around thisafter- 

- noon hoping u wouldn't come 

down to a last shot. I was hoping 
‘ we’d.bcup 10,” Said Williams, Who 
finished with.; 15 points on 5-for-9 
shooting Froni3-pocnt range; “They 

- gave me a drahet to get the shot' off . 

.and I took advantage of it” 

The Mnngcmca (23-5, 13-1) had 
dettarwon to'l^gaiWatMcGoo^ 
gleHaDand havenow beatcaJbe' 
Owls (20-5, 12-4) four straight; 

No. 9 Arizona 96jOregon St J69: 

Kbafid Reeves scored 30 points as 

visiting Arizona shrugged off a 

slow sfataridwbn ftsnfth’in a row 
'with aParific-K) rtnt of last-place 
Oregon State (6-16, 2-11). : ' L 

"fl* Wildcats <21-5, 11-3) traaotf 
.by eight points early and didn't 
take the kad for good until Damon 

Stoadnnure scored made to put 
th $G2 


v ■; ' 

U . -A •’ 




NBA Standings 

The Associated Press 

COLLEGE STATION, Texas — With little discussion and no dissent. 
Texas A&M University's Board of Regems ended the school's nearly 80- 
year affiliation with the Southwest Conference in favor of greener 

The Aggies* decision Thursday to accept a Big Eight Conference 
merger offer followed Baylor University's defection. Texas and Texas 
Tech were expected to follow suit, bringing the Southwest Conference 
another step closer to extinction. 

There was little discussion Thursday involving the seven regents who 
participated in a telephone conference call at a special board meeting. A 
quick vote was taken with no one dissenting 

A&M*s athletic director. Wally Groff, said that he had mixed emotions 
about the vote, that while it was good for his school, he was “sad for the 
schools not invited." 

The decision, however, was not difficult, he said. 

“If you’re not moving forward, you're moving backward.” Groff said. 
“We needed to move forward. It was really a decision about what’s best 
for our athletic program. 

“Aggies are tradition-minded, and I'm an Aggie. But change is 

Texas A&M, Baylor and Texas are charter members of the SWC, which 
was organized in 1914. Texas Tech joined in 1956. 

Baylor’s decision to quit was made Wednesday, just days after the Big 
Eight made its proposal wooing the four so-called "haves" of the SWC. 
The offer excluded Houston. Rice, Southern Methodist and Texas 
Christian, who have been dubbed the league's “have-nots 

The Big Eight's proposal is meant to find the best possible television 
contract beginning in 1996-97. The Big Eight derided having the four 
SWC schools would make for a more lucrative offer. 

Disintegration of the SWC began in 1990 when the University of 
Arkansas, another founding school fled to the more financially profit- 
able Southeastern Conference. 

The Austin American-Stalesman reported Friday that the SWC bad 
heard from about 15 schools interested in discussing possible mergers, 
including Tulane. Louisville, Memphis StaLe, Tulsa and Cincinnati. 

Atlantic Division 

V/ L 



New York 

30 17 




31 70 

jM 8 



27 25 



New Jersey 

27 25 


8 '-j 


20 33 




20 33 




16 37 

Central Division 




3«. 16 




36 16 

* 92 



29 3J 




36 25 




23 29 




15 J£ 




13 39 



Midwest Division 

W L 




38 13 



5on Antonio 

39 15 




35 19 




26 27 




15 17 




8 46 

PacMc Division 




37 14 




35 16 




32 21 



Golden State 

31 71 



LA Lakers 

19 32 




19 34 



LA Clippers 

17 34 



Minnesota 50 ( Loeltner 10). Assists— Phoenix 
79 (Bark lev 8). Minnesota 29 (Smith 121. 
New York 21 a u 16—73 

Houston 31 (7 21 13—93 

N.Y.: C. Smith 7-13 IH> 14. Ewtno 5-15 2-2 IX 
H: Olaiuwon 10-20 9-1529, Mtacweil 5-1304 18. 
Rebounds- New York 45 I Ewing 11). Houston 
if (OJ oilman 301. Auhti— New York 22 
(Harper 4). Houston Z7 [Max wall 5). 

LA Laker* M 27 M 15- 90 

Sacramento 25 2» 23 25—102 

LA.: Dlvoc7-tB 3-4 11 Threat! 10-19 MSB. S: 
Simmons 10-18 9-12 29. Richmond 8-11 5-7 22. 
Rabooeib— LA Lakers 45 (Dtvoc 181, Socrn- 
mento 59 1 Pol vnlce 121 . Assists— LA Lakers 22 
(□I vac. Threat!. Von Exd 5). Sacramento 24 
(Simmons «). 

_ Major College Scores 

Texos-EI Paso 72, Fresno 51. 70 
W. Kentucky 85. Lamar 83 
Arizona 96. Oregon St. 69 
Car SL-Fullcrtan 101. UC Irvine «S . 
California 92. UCLA 88 
Colorado St. 98. Son Diego SI. 83 .. 

Ganznga 91 Sai Francisco 89 
Hawaii vs. Wyoming 94. TOT 
iddho 79. N. Arizona 73 
Lang Beach St ti New Mexico St. 83 
New Mexico K, Air Forex 71 
Oregon 87, Arizona St. 80 
Pacific 86, Nevada m 
Portland M. San Diego B9 
S. Utah 68. CS Nortftrklge 61 
Stanford 66. Southom Cal 55 
UNLV 64, UC Santa Barbae 63 
Utah St. 67, San Jose St. 64 
Weber SI. 87, E. Was h ington 60 

San Jose 
Los Angeled 

55 ITS 207 
51 174 194 
49 21? 233 
41 190 -232 

Anaheim .dig •— a 

P i tt sb urg h .11* 0-2 

Rrst -Period: P -Mullen 34 Uaer, McEo- 
chern); <PP>. Second Period: P-McEodwm 
10 (Brown. Nashmd); A-Sweenev ll-(Yak» 
williams); Cool. A-socxoi2 (Hill, Van Aiien); 

Florida • * . V-l 

first Peri od: W-Burrktae 18 (latratel; 
(sb). Third Period: 2. WsMngtoa. Pfvanto 10 
W (on VanUesbraudO 12*6-06. F (on 
- Boauprel 124M0— 32. 


11 M 

Ffcit Period: D-Udstjom K.lKafenr, Fe- '. 

reran 19 {Fa- 

dorov). Second Ported: D- P it u iea u 

Arizona -ahead, 28-27, with 
left in the half. - 
Nri. n ladfaaa 81, Northwestern 
74: In Evanston, BTmnK, Da^wn 
Bailey scored 33 points and Alan 
Henderson added '24 as Indiana 
spoikd tiro return of Northwest- 
enfs coach, Ridcy Byrdsoog, after 
a four-same leave ofabsencej lx 
was"lndfflina’s 1 3th Big Ten vickny 

dorovJr D-Kaaov the Sfikfcat* dating f(am 

, n n I ru-. . .. ... — ■ r ■— * - " — -*» « «-»■ " IMS ' 

DoltaE 33 21 26 31—115 

Charlotte 31 24 34 21—110 

D: Mashburo 15-21 54 37, Jackson 6-105-7 17. 
C: E. Johnson 9-22 5-7 21 Curry 5-32 2-2 19. 
Rebounds Dallas 48 I Jones 71, Charlotte 43 
(E. Johnson 10). Assists— Dallas 31 (Jackson 
101, Chartotre 22 (Boauea ID). 

Phoenix 35 3# 23 32—120 

M&tnwcftj » 17 25 29-19) 

P: Malorle 0-16 0421- CebaJlO59-7204!6.M: 
O. West 8-19 5 4 21, RMer 11-23 6-6 28. Re- 
boands— Phoenix 62 (Miller 9. cebalhrc «). 

Duauesno 97, St. Banaventwe 76 
George Washington 51. N.C Charlotte 48 
Hartford B& Boston U. 69 
Hofstra 96. SI. Francis. NY 89 
Massachusetts 51, Temple SO 
Monmouth, N J. 00. Robert Morris 72 
Mount St. Mery's. Ma. 1IX Marlst 91 
Rhode island NX west Virginia 102. 30T 
Rulgers 89, Hoty Cross 65 
Vermont 84. Northeastern 76 
Wanner 84. 5t. Fronds; Pa 73 
Ata-BIrmlnetiorn 8X Southern U- 61 
Charleston South. 8X Coastal Carolina 87, OT 
Coll, at Charleston 64, Flo. IrrtematlonoJ 59 
Dekwara St. 91, Howard U. 85 
McNoose St. 74. Sam Houston St. 66 
Mfe Baltimore Countv 71 ILC-Astievliio 61 
Memphis St. 85. Ark.-Uttto Rock 66 
Mercer 77. Samford 64 
N-GCreensboro 71. Campbell 58 
Nlchalls St. 10X Stoohen F Austin 76 
Towson SL 82, Wlnthrop 68 
Tulane 72, South Florida 60 
Cleveland SL 77. Youngstown 5t. 72 
ill.-ChlcaaD 92. Valparaiso 71 
Illinois St. 72, Droko 66 
Indiana 81, W orth wvsle i u 74 
ne Illinois 111. Chicago SL 92 
SW Missouri Si. 71. Creighton 38 
W. Illinois 7X N. Illinois « 

Wts.-Mllwaukee 58. WtvOrssn Bov 55 
Wright SL 77, E. Illinois 68 
Houston 89, Southern Meth. 80 
Norm Texas 8X Texas- San Antonio 76 
SW Texas ST. 94, Texas-Art tagton 66 

NHL Standings 

Atfonhc Dhrtstaa 




NY Rawer* 



82 216 159 

Now Jersey 




72 217 168 





64 193 182 





62 m 237 





62 17D 167 

NY (slander* . 

- 24 



54 200-195 

Tampa Bov 




54 165 183 

Northeast Dtvtskw 





73 11118 





72 208 178 





70 218 217 





69 207 164 





53 195 204 





48 175 210 





20 155 279 

3— 41. P (on Stdalenkov) n -7-4-1—23. 

Son Jose 7. -2 M 

Ottawa 2 2 1-6 

Find Period: D-RumU* 4 (Yashin. Davy- 
dov); SJ/Dzodnsli 17 (Garooalov); O-Tor- 
goon 7 (Modver); (po). S econd Period; sj, 
Baker 8 (Whitney); SJ.-DudMsne ID (Etlk. 
Pedersen); 0- 1 I uU ii kx i 2 [Modver, Levins); 
(w).CHiAcJJwata n ( YmWn); (sh). Third pe- 
riod: O-Turoeon 8 (Lamiv YaNn) ;.(p*>LS-L- 
Odgers 13 (Makarov, trtw); KFMcLlnutn 13 
(McBalo): (en).9heiBongool:S^L(oaBilHno- 
tan) 10-72-17— 39. 0 (on IrtM) TO-11-12^3. 

SL LOOiS « » .8—8 

Quebec 3 4 1-6 

- First Ported: Q-SakJc 20 (Borneo). Second 
Period: »LapoMhi 7 (Satdc>^ Q-Bamea 7 
(Lapointe, Butcher); Q-Rtad 2X Q-Youno 19 
(Rucbisfcv. MOcn.ThirtfPariBd: Q-Suacfin 23 
(Sutter). Shots aa goal: SJ_ (an Flsot) 15-VF 

4- 29. Q tan Joseph. Hrtvnak) 8-I86-K 

K.Y. Rmwra • 1 I T-8 

New Jersey - I 8 

First Parted: N.YrZubov 9 

L aetdi); Qw).tu^MacLitsi29(Nlcholls).See- 
aad Parted: N.Y^tauss J3 (Messier, Zubov). 
Third Ported; iLY.-GHbert 2 (Low» Zubov); 
(pp). Biots on goal: icy. (oo Brbdsvr.Terrem 
6-12-17-25. NJ. (an Richter) 1W3-T2-36. 

Shots on goal: H ton Oaoood) 6^6— 47.D(o«t' J5gg_ 

v .'^HKjRooskre (17-5 overafl, » 3 ) 

Chicago . ? _» balftimc advriura^ as 


Chdlos); (pPl.oMurptTvaZUWW- 
(RomoDfuk. Steen); W-Emeracto SStKaone-.-:, : 1 

I*rm4 Pfriotf-.rjInMilrlr.W ' i 

foor). TUrO Period 
MeBepn^Sho q^ eg 
W-25. Qjwtr 

Tamm adri 

' Ffr sl PortodrT-8qvbcd» ipp)>r a e cda d PerV 
zteds T-tHMoto 4 (i 
IC#3" Shots oo eeolr ^r Joo vnntaarrt 
(on Poppa) "• 

_ ... . _ . >*opped : . 

i tfc m (He Pacfej-lO • ■. 

^:^m JBcars (39-5. -1J-3) 

a half-game* . ef 

; oqnfcreoce, Shoa 
|aw«;focLi|CLA (18-4, IL-3) I 
of fbem!ja 

-• ■; v'# 

Lot« Beadi St 84, No. 25 Nw 

Italian cup . j-zr- • j^Modco St: Rod Hannibal imhde 
Aaosin o, tST- *«P^S»^^#^4wo ^rec throws with 1CT secobds 

Csfdnd Dtvbhm 



T Ptl OF GA 





77 270 211 





77 209 176 





74 220 195 

5t. Louis 




70 195 200 





63 185 172 





4) 111 259 

Pacific Division 





72 229 195 





61 202 198 

«-V. I standees 112 8-4 

PWtedstPhta D 1 I 1—5 

Pint Period: N.Y.-r«iuiu 12 (Flattey, Ho- 
gue). Second Ported: N.Y.-Qrsan IS (DoF 
oanw, Malakhov); PUndros 25 (BrirxTA-' 
mow. Radno); (po). P-Rocdil m (Beronek, 
Penbera); P^BrincrAmow 77 (OaDan Lkv 
dm). Third Ported: tLYHOnm 6 (Malak- 
hov, Turgeon); (pg). p-Foust 5 OConroy); 
N.Y.-Krupp 7 App>. Owtlme: % PhUadephta, 
BrinrT Amour 18 (Umtnoa, Gutlev). Shots on 
goal: N.Y.(onRausoN) 4-6-7-2-39.P (an Hex-, 
tall) 6-12-9-1—38. 

Ancona advances onX) — rbgoto 
Room VOHecaqa i VUonda * ... . , 
Parts SL Bermoln 8 AiRprroQ 

Big West) over visiting 
loo State (19-4, 1 1-3), 


- - . .• TH1RP;.TBST. ■ ■ 

JteRMw.vs.iisw'ZttiBi seoamrouT 

Rteter, hi OrtNcjwrcte mgr Zee l snd 
PuUslui ltd innings: 



: 3« (v7 overs) 



o.W ,u. i 


•- . After Hannibal’s free throws, the . 
Aggies moved the baH tb midebtut 
before caffing a timeout vtith-sevor 
seconds to ga Darrin Jacksomhea 
nnsacd an 18 -foot jumper with 
about three seconds left- and Long 
Beach's. Janas Cotxon gpt.riie^RF 
.bound as. tune ran o m 



*■> -■ 

•*L •• 
.■ 4 n‘. 







1 aw 








• ... •. -. 


srtwtJ) arm. - 

fwpu= 'BEKEnr wow- - 1 


~ i 

‘ ' 



■■ . ■ ■ ■ _ ■ 

' - ,. v : 

It’s never been easier 
to subsenbeond sow. 
JysKofl tolUrBe: 
or fax. 06069-175613 




Page 21 


Olympic TV Schedules and Events 

r an aria and Sweden Gain Hockey F anal 

Slovakia - STV/SK: 06000830, 
r '"'.: o oa25-loi5. 13051700, ibis-ibas, 

. .r^..^tffnaaaraGMT- .. .. .,1925-2355.- - - - 


tari-W-Wto. JW-H5SU 

Gmct - ET1: 1400-1500; ET2: 
1230-1300; 1915-1 MS. Starting at 

Hoi^y - MTV/Ctwnpet 1:2200- 

relay, 1200i j-.: 1- ,'5i : 

BotpJrf - Rjur-fnan flrat, «eCooa. : 

-^xWbiiion,1400.’ ; . 
^uodow — Seventh place. Qw- , .. 

Sace/tew* Repubfle ' 

Swedett loser vs. BrtaxkCaiaoa 
loser; 2000?- 'j/' 1 ’’ 

Short-Track SpwKl SkaHnfl 

Women'*- T,0Q0 irtewa. .-> 

men ' a - 5 05 mater, -*1 SDOv men* a 

5,000-nwtor rerty. 1800.. 

- ' ' 

• • -v-'-.-EUiiQPE ■■:•.■-■ ■*...; ••-••• 

• . . Airtimes mrtocal ; - .... 

- OBR 0600-1900, 2135- . 

BMT/Chanhe* 1: 10S*>- 

1945 2155-0030; Channel 2:1700- 
1740, 208253300. 00356HJG. - 
Croatia .WTT/TV2: .0825-1015, 

5^i^?CVBCt 1735.1745.20Mh 

Czech Baeutofc: ** CTVl 0920- 
18(^19152*00; Channel 2: 1920- 
2400. " 

_ - SyT/TV2: 0815-1015. 

1245-1500. 2100-2200; Channel 1: 
..150Qt-170Q: 191 521 00, .2200-2400. 
-SrttoOfW - TSR/TSI/DBSu 
-0930-1700: .- 

Turkey- TRT: 16151800; 2000- 
2100.2200-0030. - r 

- UfenfcM - DIRU/im :133518Q0, 
;(g5MD4ft 0030-0100; UT2: 1350- 

-' eurosport - r O605aontinuous 

‘ “^ AS^CBnc - - 

•• i :• - AB times are local . . _ 

* iuxe&im Ua - Channel 0:2030-01 00. 
New Zealand' — TV1: 0700-0600, 

- Japan ^ NHie 22052400 (gener- 

jS-1230-1500. 18000630 Ceatel- 

wa); 1300-1 500,' 1900-2200 (HhVh 
Gute« - 

■ ooflO-OISQ. ■ 

CMna - CCiV: 22252400. 0015 

HonaKona - TVS: 2400-0100. 
S3i»Sa - MBC: 14051700; 

'01050230. ^ - . 

SS5ST- TV3: 23150015 

SBC/Channel -12: 

2400-0100. ’ 

STAR TV/Wme Sports. - 0605 

Dmattk -DRr 11451800/2115 .1330. 1 S 35 <xintthaQW C 0 vany. 

2200, 0023-0138. . . 

EsKxria — ETV: 1025TJ15,=.13S®- 
1800. 2030- 2050, 21450035 . 

YLE/tVI; « 45=0030: 
TV2: 13051800. ‘ - ' - 

Franca - FR2: 0814-1030, 1535 

1700;FR3;1255-141 0.15351 7m 

Germany — ARD: 0803-1658, 

EH: 12351300; ET2: 
14051 500.1 6051 BOO. W 51945 
Huoowy- (unv/Channe! 1:2005 
2020 ; Channel £ 1100-1300, 1535 
l&Qft • ' 

Icabsid - RUV: 0825-0945,. 1.1 Hh 
1315, 13551800. 16S51750, 1825 
1855. 22552355 - - ••• 

IMy - RAM: 14051445; R£2= 
01050200; RA13: 0925:1400. 1455 
1700. "19552020. . __ 

_ TiTi 11051415, 1915 


- ' Aflfimesara EST. 

Canada CTyirlOfXhTBOO, 1905 

^S wlJMaiaa. - CBS: 13051800, 

1 9052300, 23350D30 - \ - _ 

-Madco —• Televisa: 1100:1400. 
22052330 . 

Sunday’* Event* 

• - ah times are SAG" 

Mpine suing - Men's SiatoffiJlTa* 
run 0830: second run 1200. 
Bobsled - Four-Man, ThW and 
fourth rwis; 0800- 
Cross County SkUng - 50 km 
Classical, 0900. 

lea Hockey - Gold. Med*, 1415. 

dosing. Cwwonlea. -2100. 


VS? ocaoii»;' Ch^tiioo. ■ .^SS^iocai 

Austria - ORF: 0600-0900, 0925 




IfiOCL • * 

LlUtuan!" LRT: . 16051 W>0. 

LmsHtiHHRQ ~ CLT : l^ghfightt on 

Macedonia - MKRTV/Channal 1 : 
08250845.- 11S51315..15251800. 
18252100; Channel 2: 08551600. 

1 715-2150.-22352300; Channel 3: 

IlSlSo 17551 830 J 9552230. 
USE* 9 - TOQ/m" 08351100. 

NRK= 08051800, »00- 
3aJlV2: 14551700. 18451905 
Mnd-'r- TVP/PRIs. 12451345, 

16051800.02252325; PR2: 0025 

1100, 13451500. 20052100, 2405 
MigU -TV2:Z305Z320;RtPl: 

Channel 2: 2150-0035 
Russia i- RTCfc 16551900. ^45 

OmRTR' 14551700. 2100230a 

1830. 19552130 

iSlli - B8C2: 10351235 1335 
1710, 19662030. 

Buiaarfa - BNt/Channerl: 1035 
S3Sj4051550. 19151945. 2105 


each RepuMte CTV: 1015 

k - DR: 08151800. 1955 

lESala - ETV: 10351440. 1605 


20^^15, 2235230ft TV2: 1555 

1930. , 

- pranqH-- FR2;BttJtihg'tfT8®>: 
RR3: 0825103a 13051800, 2005 

:lMany - ZDF: 09151815. 

Italy - “RAB: 00251145, 0115 
020ft RAI3rl1451545. 2000-2^0- 
Latvta - LT: 11051415. 1915 
1945, 21052230. 00350100. _ 

Lithuania -.. LRT: .12051415. 
16052040; 21052300- 
Luxambourg - CLT: Highlights on 
evening news, 1900-2000. 

Macwtonis - MKRTV/Channal 1: 
08251030. 1 1K-1350, 17151745. 
1900-2015; Channel 2: 08551200, 
1405174ft Channel 3: 08551215. 

TMC/IT: 0935150ft 
Starting at 1515. Starting at 2300. 
Nathertands. — NOS: 0900-1200. 
1305180ft 2005233ft 
Norway — NRK: 0905180ft 2005 
2116; TV2: 18451900. 

Pound - TVP/PRi: 1100 ' 1 H?° 1 
15Q51810. 20052115; PH2: 0925 
IIOOl 12051330. 

TV2: 2300-2320; RTP1: 

11051120. ' ‘ 

Romania - RTVR/Chann^l- 
13051445. 18151910. 2105^; 
Russia - RTO. 16051645, 1665 
2000, 23352400; 19052000 
(28/2); RTR: 12051340, 1425- 

: 06050830. 

0925*1355. 15051845,20052115. 
Slovenia - RTVSLO: 0905213ft 
SpUn - RTV& 09352400 (aatel-. 
Ilte); TVE2: Starting 1200. 

Sweden - SVT/TV2: 00151145, 
-16051700, 20052115; Channel 1: 
11451345, 14451600, 17051800. 



UkrUne- DTRU/UT1: 09351000, 

19151945, 21052215; UT2: 1105 


Euro sport - 0605 continuous 

All times are local 

SpM^NHK: 22052400. 0405 
0600 r general); 12351500, 1805 
5^0 (SS); 1305150ft 1905 
2200 (Hi-Vl9ion). 

Papua Hew Qulnea - EM TV. 
1035230ft 20052200 (28/2). 
CMna - CCTV: 15051600. 2225 
0030; 23052400 (28/2). 

How Kow - TVB: 2400-0100. 

- KBS: 2335002ft 
MBC: 14051700. 01050230. 
Malaysia - TV3: 2315-0015. . 
Sfa^ap ora — 1 SBC/Channel 12: 
2400-0100. __ 

STAR TV/PHme Sports - 0805 
' 0830, 09051500. 1530 -contJnuOus 


AH times are EST 
Canada - CTV:. 09051500. 1905 


UMtad Stales - CBS: 09051200, 
16051800. 20052300, 23350030. 
SEEr-2: TeMsa:- j205i5qo. 


Information provided by me iOC, 
TWl and intBtidual broadcasters; 
compiled by the I HT 

Both Finland 
And Russia 

Compiled bv Ov Staff From Dispatcher 

GJOVik, Norway — Canada 
moved to within one game of win- 
ning its ftst Olympic hockey go» 
medal in 42 years, upsetting previ- 
ously undefeated Finland, 5-3, on 

' The f’aMdiana (5-1-1) advanced 
to Sunday’s gol d-med al game 
against Sweden, which defeated 
Rnssia, 4-3, in the nights other 

Finland (51) came into the game 
against Canada as the only unde- 
feated in the tournament bin 

blew a 2-0 lead in Ihe second peri- 
od m Finns wffl play *e W 

^atig for the bronze medal on Sat- 
urday. „ 

Sweden (5-1-1) wm sflv® ^ 
1928 and 1964 and bronzemedak 
in 1952, 1980, 1984 and^- Can- 
ada handed Sweden its only loss of 
these Olympics, 3-2, on Monday.^ 

Todd Hloshko started Canadas 

comeback with five minutes left m 
the second period. Od»w*: 
away, he beat goahe Jukka Tanami 
on the glove side. 

Peter Nedved, a contact hold- 
oat with the Vancouver Canucks of 
the National Hockey League this 
season, tied it for Canada on a 
power-play goal that hit Finland’s 
Htrimn Hdmmen at 19:24. 

Finland had outscored oppo- 
nents, 31-5, and nevw trailed in 

♦otv^d too mnch about us winning 
^tfnstrom denied that the Fmns 

, had choked. Tm not sure it was 

previous games, indudmg amseci*- nave& ^ he said. “It was cool ac- 
tive shutouts of Russia and Nor- fjom Canada. They played bet- 
way. _ _ *i ter drfensrvdy.” 

Edmonton (Were defender Braa A jubilant Canadian coach, Tom 
Werenka, a last-mimite addition to ^d: “Put your money on 

the Canadian squad bccanse of CaauiaLr 

C dub form, was the hero w the *^Vg knew we would have to play 

, ^ „ onr best match of the tournament 
He put them into the lead 4a/ ^ beat pmiand," he said. “Maybe 
into the final period, pushing ,Greg ^ did not play our best 60 minutes 
Johnson’s pass from bdund the bm w our best hockey 

goal high into the Finnish net when we had to in the third pen- 

Then. three minutes later, his re- ^ 

verse stick pass inside created the jn the other game, Sy^enbudt 
opening forJean-Yves Roy to fire a 4-i lead on two gcakby 
^mea crucial insurance goal. juhlin and one each by Magnus 

But now they were in the hum 
again, two years after they lotw the 
silver for their first medal of any 
kind in 24 years. 

“There’s no reason we should 
look for bronze when in fact the 
aold medal could be in our grasp, 
said the coach. Tom Renney. 

Finland and Sweden have never 
won the tournament Russia had 
been gunning for its first gold since 
painin g independence. 

^History is on Canadas side. 
Years before the Soviet dynasty be- 
gan, Canada dominated Olympic 
Eockey. The Canadians won gold 
in six of the first seven Wmter 
Games. In 1936, they lost just one 
pflTttf en route to the silver. 

Canada has come together as a 

Despite a Cold, Dahhe 

Says He’s Set for Finale 

4 amre Froncr-Presx 

successful — — 
but is determined to be ready for 


me auuu<u a — jiuiuu --- — p 'jn 'cT team despite the fact that aboui 

Greg Parks scared Canada’s fifth Svensson and JonM B^qvat^- half of its 23-man rosier was add^ 

fore goals 10 seconds just days before the Olympics be- 

- - oa Bercan and Ravil Gusmanov J , — 

made it close with 1:01 8®- 

But Sweden held Russia without 

. shot cm goaltor Ite m«of 

\c to preserve its first-ever 


Jere Lehtinen scored a late con- 
solation goal for the Finns, but 
with only 35 seconds left to go it 

was academic. , , 

As the Famish players teaded 

for the locker rooms, many of them 

had tears of frustration tunning 
down their faces. 

“We were not favorites when we 
came here,” said the coach. Curt 
Lindstrom. “And maybe people 

T?ie\eam has eight’ former 

NHL players and nine who played 
at TJ.S. colleges. _ 

“As the tournament progresses, 
we’ve been getting belter," said lor- 

«. Who h* r five Ol^ic golj 

who hates to lose and loves to win. 

Along nib Norway's ojle g 4 K 

SSSfte losing race of these 

°Xnghas recovmfd 

^^pUVVrilometg race, but missed the next two races. 

ijympic victory over the Rus ™^ Dwayne Norris, who played 

The Canadians were not at Mjchini State. “Management 

the pretoumament jWritea. A^ fdl thaitKplayers they brought in 
the Games be^aftSwedeuR^J ^ going to help us and they 

l lie VJUUIW w-cr-T - I. ... n mA 

and the surprising Finns emergpo 
as favorites. 


(AP. AFP) 


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Page 22 


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Bump-ami- Protest Speed Skating ? IOC Says Knock It Off 

Compiled by Our Stiff From Dispatches 

HAMAR — Short-track speed 
skating and all the havoc that 
came with it during the Games are 
flying toward a day of reckoning 
with the International Olympic 

On Friday, the president of the 
IOC Juan Antonio Samaranch, 
called for a report from the Inter- 
national Skating Union on the se- 
ries of unseemly incidents, includ- 
ing two nights' of protests, veiled 
threats of violence and stripped- 
away medals. 

China filed a formal protest 
with die ISU that Cathy Turner of 



they're making a 
huge deal out of 
it because they 
didn't win. 7 

was stripped of a stiver medal and 
the United Slates got the bronze 
medal despite finishing last in the 
four-team race. 

The disqualification came 20 
minutes after the race was an- 
nounced as official. Spectators 
were not informed of the ruling 
even during the awards ceremony. 

•Nicholas Gooch of Britain 
and Derrick Campbell of Canada 
were disqualified in the men’s 
500-meter evenL. so the bronze 
went to Marc Gagnon of Canada 
even though he did not skate in 
the championship race. Campbell 
was disqualified For not finishing 
his race even though the bell that 
was supposed to signal the final 

lap was rung a lap early. 
• Turner and Wilf O’l 

Cathy Turner, 
gold medalist 

the United Stales deliberately in- 
terfered with Zhang Yamnei to 
win the women's 500-meter evenL 

Zhang claimed that Turner 
grabbed her leg as she skated by 
on the outside with one and a half 
laps left in the four-and-a-half-lap 
race, throwing Zhang off balance 
and costing her the gold medal. 

The Chinese woman stormed 
off the medals stand and disgust- 
edly threw a congratulatory bou- 
quet of yellow tulips on the ice in 

Also Friday, the IOC said it was 
not happy with Zhang's behavior. 

“That." on television, was not 
something that pleased the IOC at 
ail” said the IOC public relations 
director, Andrew Napier. 

Among other speed-skating in- 
cidents in these Games: 

■ C hina was disqualified from 
the women's 3,000-meter relay be- 
cause judges observed the skater 
Yang Yang lingering on the ice 
after a tag so she could interfere 
with an American racer. China 

• Turner and Wilf O'Reilly of 
Britain both said they were forced 
by officials to race with skates 
damaged in collisions, risking in- 
juries to themselves and others. 

• The Canadian skater-coach 
Nathalie Lam ben accused Turner 
of being “the dirtiest skater in 
short- track." an overly aggressive 
competitor who cheapens the 
sport by resorting to any lactic to 
win. Lam ben was eliminated in a 
qualifying heat after colliding 
with Turner. 

“Everybody's afraid of her. She 
never gets disqualified.” Lam ben 
said. “She makes our sport look 
like Roller Derby. I hope she gets 
what she deserves." Asked what 
that was, she said. “Something 

• Turner said she watches her 
skates for fear of sabotage. 

As for the incident in the race 
Thursday, she said: “1 don't know 
whal's going on. I just know ev- 
erybody's mad at me. I won. I 
earned" that. If it was the other 
way around, I wouldn’t be mad at 
anybody. That’s the way the sport 
is. It’s not something you intend 
to do.” 

With two laps remaining Thurs- 
day, Turner made her move on the 
outside. She and Zhang remained 
shoulder-to-shoulder for half a lap 
before Turner pulled ahead in the 

The replay was unclear. Zhang 

Pechstein Tops 

Niemann to Win 

Gold in 5,000 

• HAMAR — No more gold f « 

Gunda Niemann. , 

The powerful German was np5<l 
by her teammate Claudia Pechstem 
in the women’s 5,000-meters speed- 
skating event, the third disappoint- 
ment in as many races for Niemann 
in her last Olympics. - ■ 
Pechstein, who won a bronze 
when Niemann fell last week in the 

3.000 meters, shaved 19-2.1 seconds 
off her personal best time to win 
the first gold of her career. 

- “Everything went as I had hoped 
it would," Pechstein said. “I am 

PBd VKdKfiAfca* Rmcrfme . 

Zhang Yanmd of China, right, leaving the awards podium in protest after receiving the 500-meter short-track salver medal She 
claimed that Cathy Turner, left, knocked her off balance to win the gold. In the middle is the bronze medahst, Amy Peterson. 

did appear to lose her balance 
momentarily, but it was not ap- 

parent that Turner had grabbed 
her leg. 

“Maybe I hit her leg or some- 
thing when I put my hand to the 
ice," Turner said. “I was dearly in 
the lead. 1 don't see how 1 could 
have reached out and grabbed 

Turner shrugged off Lambert's 
criticism as sour grapes. 

“Obviously they’re making a 
huge deal out of it because they 
didn't win," Turner said. “Those 
drls elbow me in the gut all the 
tune. I don't do anything about it" 

Samar anch also has asked for 
details of the semifinal heat in 
which Turner. Lambert and 
Ayako Tsubaki of Japan fell but 
were allowed to reskate the race. 
Lambert tumbled during the res- 
kaie and was eliminated. 

skaters are often dose to each oth- 
er, one hand down to the ice for 
balance in the turns. Bumping and 
spills are common. 

(AP, Reuters, NYT) 

The Canadian- team told the 
IOC in a letter to the ISU presi- 
dent, Olaf Paulsen, that it had 
"serious concerns" about the 
quality of short-track judging and 
called for improvements “in the 
interest of die sport’s integrity." 

Short- trackers race four at a 
time around a 1 12-meter oval. The 

■ It’s Honor for Mongolia 
Mongolia's one-man Olympic 
-team wul make the long journey 
home without a medal but with 
48.63 seconds of memories, Hie 
Associated Press reported. 

Bai-Orgil Batchulmm finished 
four seconds behind the other two 
skaters in his shon-track speed 
skating 500-meter heat and was 

eliminated, but not without fan- 
fare and & loud farewell 

Batchuhiun drew a load ova- 
tion before his race and an even 
bigger one when his time was an- 
nounced as a national record 
Wearing a btne-and-pnrple racing 
suit donated by a manufacturer, 
Baichuluun waved to the crowd 
and raised his arms to celebrate. 

Three weeks ago, Batdmluun, 
25, was t rainin g in Germany when 
he was told his qualifying times 
were too slow. He totw an eight- 
day train ride home, only to Irani 
he had a spot due to North Ko: 
rca's decision not to enter. 

V ^ieffiied m 7 ranutes, 1437 
seconds, just .24 seconds off the 
Olympic record set by Yvonne van 
Genrnp of the Netherlands in 1988 
and LOS seconds off the world re- 
cord Niemann set 'em the same ice 
in December. : " 

Niemann, a double-gold medal- 
ist in the 3,000' and 5,000. in the 

1992 Games, skaied two pairs after 

Pechstem and was ahead of her 
awn world-record pace for nine of 
the first 10 laps. 

But she tired badly over the final 
three laps to finish m 7: 14.88. - 
; Pechstein, 21, embraced her 
Joachim Franke, after Nie- 
mann crossed the finish line and 
glided past ha celebrating team- 
mate with hands on her knees and 
her head bowed. 

Pechstem and Niemann em- 
braced several minutes later -.and. 
skated a lap hand-in-hand, Nie- 
mann carrying a bouquet. 

Hiromi Yamamoto of Japan won 
the bronze in 7: 19.68, and 11 of the 
16 dealers set personal records at 
the Viking Ship Olympic Hafl. 

The last long-track speed skating 
event of the Games provided the 
final heartache for Niemann. 

Niemann, 27, who added a 1,500 
silver to her two golds in: 1992, 

came into the Olympics as the ' 

dominant woman in the 

3,000 and 5,000, owning 
record in the two longer distances 
and the best time among current 
skaters in the 1300. 

She won the 5,000 on the way u> 
her fifth European champ^hip 
last month. She also has been worid 
champion three rimes and was the 
World Cup 5,000 champion in 
1992-93. And she leads the current 
World Cup standings in the 1.5W, 

3,000 and 5,000. 

Three gold medals at Lilleham- 
mer would have giren Niemann 
five career golds, tying her with 
Bonnie Blair of the United States 
for the second-most women s vic- 
tories in the Winter Games. The 
Soviet speed skater Lydia Skobfc- 
kova and Russian cross-country 
skier Lyubov Egorova — who won 
three golds this year — each haw 
six Olympic golds. 

But Niemann lost that opportu- 
nity m her first race with a sraiming 
fan early in the 3.000, then skated 
tentatively to tarely win a bronze 
in the 1300 on Monday. , 

Niemann almost didn't get a 


chance to race Friday. Only the top 
16 finishers in the 3.000 qualified 

16 finishe rs in the 3,000 qualified 
for the kmgpr race, and Niemann 
raced in tne spot 1 of teammate 
TJwke Wanricke, who was 15th in 
the 3,000. 

The women’s 5.000 has been an 
Olympic event only since 1988, and 
the Germans have dominated. The 
former East Goman teammates 
Andrea Ehrig and Gab Zangefin- 
ished two-three in 3988, and Nie- 
mann. Wanricke and Pechs t ein 
completed a German sweep in 

Germany had the distinction of 
winning six medals arid being on 
every podium hr the five women’s 


(AP. ATP) 

Kerrigan: Steady As She Went 

An Unswerving Composure Grew Out of the Dark Blow 

By Ira Berkow 

A'o v York Times Service 

H AMAR — It began serenely. Nancy Kerrigan 
commenced her training session in the Olympic 

in her eyes. She has really matured, and I think it's 
been mainly since the incident." 

11 commenced her training session in the Olympic 
Amphitheater, skating in a black leotard and with a 
dark, dancing ponytail to a Neil Diamond medley. 

It was the background music and the skating rou- 
tine she was to use Friday, a night on which she can 
win the Olympic ■ . 

gold medal. Just Vantage 

her being here Bn . , 51 

cppmpH h<*vnnd t*Ulm I 

When Kerrigan was clubbed, there were pictures of 
her slumping to the floor, crying, “Why? Why me?" 
This refrain echoed through the weeks and gave to 
some degree the sense that Kerrigan was a helpless 

victim. She has proved anything but that 
Under pressure that would have daunted a lesser 

gold medal. Just Vantage 

her being here Bn . , 51 

seemed beyond l*OIIT* B 

imagination to 

many just seven weeks ago, when she was stalked and 
clubbed on the knee. 

Now she spun, soared, floated — and received 

athlete, perhaps a lesser person, Kerrigan executed a 
near-perfect routine Wednesday, closer to perfection 
than any of her rivals, including her American team- 
mate, the lady in red, Tonya Harding, who placed 10th. 

As the world knows, Harding's former husband. 
Jeff Gillooly, has confessed to having planned the 
attack. He also has accused Harding of complicity and 
giving the go-ahead to the plan to eliminate her main 
rival. Harding denied it and has not been charged. 

Kerrigan, meanwhile, has never spoken negatively 
about Harding in public, though it u clear she pos- 
sesses something less than love for her. Kerrigan has 
demonstrated, too, that she is no fragile, trembling 
Snow White on skates. 

"The attack made Nancy mad," Evy Scotvold, her 
coach, said after practice. “She was angry that some- 
one prevented her from defending her national title. 
And she's angry that someone tried to keep her from 
the Olympics." 

After the clubbing, he said. Kerrigan was not sure 
bow well she would heal, if she wouid be able to skate 
again, or well enough to satisfy the U.S. Olympic 

“She became impassioned," said Scotvold “She 
started training harder than I have ever seen her. She 
knows what to do and how to do it. She’s digging in." 

Kerrigan has had a reputation for folding after the 
first day’s competition, for losing focus, for lack of 
confidence — a fear of failure. 

“What she did Wednesday gives her the knowledge 
that she can do the same in the long program." he said. 
“She’s confident." 

If Kerrigan had withdrawn into herself after the 
attack, saying she had lost heart it would hare been 
understandable. Monica Seles, who was stabbed in a 
attack, has been unable to return to competition. 

But no matter how it came out, Nancy Kerrigan had 
already performed remarkably, on and off the ice. The 
lady is a champ. 

polite applause from the scattering of onlookers. She 
smiled, but i: was hardly a genial smile. In first place 
following the first of the two-day competition. Kerri- 

gan appeared to be saying that she meant business. 
On the ice with her were the other five top flnishc 

On the ice with her were the other five top finishers 
from Wednesday’s short program. They would slay on 
the periphery until their turn to skate their routines. 

As Kerrigan's flashing blades swept her smoothly 
across the oval, someone suddenly screamed. Every- 
one stopped, except Kerrigan. 

At the side of the rink, two skaters had collapsed. 
Oksana Baiul of Ukraine and Tanja Szewczenko of 
Germany moaned the German doubled over and 
holding her stomach. 

The two. warming up and skating backward had 
collided Katarina Witt swiftly skaied over to offer 
aid. Surya Bonaly and Lu Chen stood nearby, frozen. 

Kerrigan, glancing over her shoulder for a moment, 
took it in and sailed into the next part of her routine. 

While Baiul left the ice on her own power. Szewc- 
zenko had to be helped by her doctor and coach. 
Strikingly, Kerrigan kept on. 

“The routine was perfect” said Ben Wright “Her 
concentration was unswerving." Wright is a retired 
figure-skating judge and referee. “If she skates like this 
tomorrow, she’ll win the gold." 

Wright is from Boston, where he has watched Kerri- 
gan since, he said she was a child 

"I see a resolve, a fortitude in her that I have never 
seen before." he said “You can see the determination 

SKATE: Baiul Overtakes Kerrigan for the Gold Medal 

CoBtbraed firm Page 1 

Thursday, Baiul had collided with 
another 16-year-old Tanja Szewc- 
zenko of Germany. Baiul required 
three stitches in her right .thin , and 
more significantly, suffered as in- 
jury to her lower .bock. Olynqric 
doping controls prevented her from 
taking painkillers. 

Just 43 kilograms (95 pounds) 
and 1-59 meters taD, she appears 
fragile and light, weighed down by 

from “Jurassic Park,” deep inbass cos her. Her life, which she declines 
and ominous as she skated back- to discuss, seems to play before you 


wards toward -her .opening triple- with, each 
lute. She leaped and completed one abandon 

edoBnaiKs. Her father 
her whep she was 2, and. 

rfid-sr .r . 

revolution, landing spread eagle cm sbe was raised by her grandmother 
both feet, 4S seconds into her ]xo- ami mot he r. Everyone importRntio 

gram. She came out of her spin hpr died over is five- year-period 
crying, her face driven to a frown, coifing in 1991, whether mother 

a lute. ... 



will survive her. 

wiUbe the soar image, that succumbed tiMteacqv 

conchTcftfara betterJife in • 

She skated directly over to. the da, Baiul was rescued by Znueys- 
judges to complain as the music kaya at the advice, of Victor Be- 

her thick brown hair and beige, 
seemingly oversized skates. Her 

■ • : -. ! Cf - ' .* 

seemingly oversized skates. Her 
makeup only emphasizes the giri 
trying to become a woman. She has 
done so without her father, her 
mother and her grandmother. If the 
injuries of Thursday were enough 
to set her off, rite also is well-used 
to overcoming much greater losses. 

As the scores were announced 
that shifted her to the top.ic place 
of Kerrigan, die fell sobbing into 
the arms of her coach, Galina 
Zmievskaya, who basically is the 
only woman left for her. 

But first, if these Olympics have 
been shaped by Harding’s entou- 
rage, then lie climactic nigh t could 
not survive without her remarkable 
input Performing second among 
the third group of skaters — the 
group preceding Kerrigan's — 
Hardings name was announced to 
the crowd, which found itself ap- 
plauding on empty rink. Tonya was 
not ready. Sbe was given two min- 
utes to appear and she arrived with 
less than a half-minute remaining, 
squeezing asthma spray into her 
mouth, then bending down to tie 
her skate. 

continued without her. Eventually troika, die 1992 Olympic figure 
' they announced a problem, with ha skatmgehanmion. Zmievskayitra- 
skaie and their decision — which dcalljr has adopted ha. and skat- 

csl' j; ‘ 
P*- -• s 
:n : - 

was booed — to allow her to 
form ha program at the end a 
group. - 

mg, it ^ems, is Baiuns .means of 
forgefring the pafa. ; .. . 

By the time she was done, the 
She skated it fairly cleanly, al- audience seemed spent ■— by 
wing ha to move rip two places . Tonya, by Nancy, .by tins tragic 

ly in ha 

overall, but the most important re- dynamo. Baiul was fins on five of 
suit was that Koriran was- farced the nine judge’s - cards, but that 
to watch heir from the waiting pit could change with a strong perfor- 
Later, when Kerrigan came out' for manes byBosaly. But oariy in her 
ha own program, a sniffed bear program rite doubt&footed a single 
wrapped m a cellophane bag — jump meam ro be a tripie,aadshe 
meant for Chen — almost hit for- was undiarttcteristirauy wobbly 
rigan, and she looked up angrily for from that point on. What began as 
a ^p ment - . • . ’ an oppor t unity to crown the first 

The overwhelming hype applied black Olympic figure-skating 
to the Kenigpn incident came into champ ion ended with her mmHiwg 
focus as she performed to a medley to the ice. 
of NeH Diamond hits. She (Ed not Her nlan* «n the «*« 

SdSat?Siha^aorolnS ^ who on this tense 

pectea that from her. Her program ' eveninp vmnnrKn- th™ »n 


an opportunity to crown the first 
black Olympic figure-skating 
champion ended with her tumMing 

•4. ' ’ v 

fe V. 

■fci ’Z 



ui nra i/uuuunu mis. sute tna not Her ntare on th* „ ma 

wtB sound but mnnspumg. • . J^Sho finished ahead of ha 

Baiul did not complete a combi- The evening ended, antkiimacti- 
nation, but she danced. to a medley cally, with Witt having to touch a 
of show tunes wMi everything in hand to the ice twice. Her program. 

oi show tunes witii cvemhmg m hand to the ice twice. Ha program, 
her hffae body. With each victari- dedicated to Sanuevo, the site of 
ous landing her face seemed to ex- her first Olympic championship, 
ptak ™ surprise. Her federation seemed more powerful in desip 


Jrv ■ 

Ed Rrmlt/Thr tactual Pro, 

Nancy Kerrigan performing Friday night on the way to a silver. 

She skated toward center ice. 
clasping ha hands and shaking 
them in front of her, as if in prayer. 
It was both dramatic and unimpor- 
tant, since she was 10th after the 
technical phase. 

Ha music began, the theme 

rad said that she would not decide than any of ha competitor* pro- " 
whetMr tosk atc until shortly be- grams played out asrt was to the 
fore the competition began. In the anti-war sone_ “Where Have All 

fore the competition began. In the anti-war 
morning practice, she had failed to The FIot 
complete ha long program. - " B . 

U . ® ut this was a night beyond de- 
lo watch her was to imagine that sign, when an orphan's win -was 
pveiy problem emphasizes her stronger than the most sensational 
ondmess and eventually strength- television script 


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LUXEHAMAffiR Tfte Ner- 

the Iati-place "Eagle ofAIbert- 
ville,” swooped down the UDeham- 
mernormal Jbffl tb Friday to land 


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Bredesm Sets EBU Record 
ToFrnisklirsi in Ski Jump 

V-styJe jumping technique that was 

- then reroJutiamzing the sport. 

■ Tbc performance earned him the 

•' nickname “Espen the Eagle,” after 
. Britain's tuqipy loser from fej 1988 
. CaJgary Cranes, Eddie (The Eagle) 
Edwards. ; . 

Bredesm put all that behind him 
an. Friday,- talcum a point lead over 
-Ottesea in the first jump of 1005 
meters and three of five perfect 20s 
for technique. . 

i- Jumping last in the second round 
and . with Otteseo stfll the one to 
teat, Bredesen pulled -off the big- 
^stjanqt of the dny- Ifis lOf-meter 
jump earned him 142 points. for a 
total' of 282 against Ottesen’s 268 

- and TTronn’s 2605. . 

“Lasse and J talked a Jot between 

the jumps, we t68d each, other to be 
aggressive. to try as hard as we can 
and that one of us was gang to 
make it,” Bredesm said. 

■ Bredesen said the cheers of the 
crowd — buoyed by the earlier 
deansweepTjy Norway m the Al- 

E combmed event — had helped, 
focas on the jump 
His coach, Trend JoeranPeder- 
sen, said the team haddane abetter . 
job keeping Bredesen’s morale up 
between tbejuraps than in last Sun- 
day’s high-tuD competition. 

heart attack,” Pedersen added. 
“The ; two of them have made a 
spectacular effort.* ■ 

“This ctm^etitkm went . mnch 
beats- for me than the large HD — 
it was perfect,” ftwlesea said- “I. 
was a BUte.bit laiewitb my takeoff 
in the first jump.” 

“1 don 11 ! remember my second 
takeoff,” he said, “but I was much 
more aggressive and when I was in 
the air I felt that It could tea long 
Tomba,. a ihree-fime Oiympie j 0 ®?" 

• chahroltid; explained Chat he was 

. stressed, following Ms failure . in , • . ' ' . ' 7 ' *•' ‘ •; 

Tuesday's event and had been 
bothered by rumors that he might. ' 
split with his long-time personal 
coach, Gustavo Thoeol 
“I hadabad headache Thursday, 

• possibly 4te. result of .ifae stress 
'from the giant slalom defeat and 
from the pressure Tm fedipg," said 
- Tomba^ ■ ftn n| jn|£ Ms reputation 
’ of self-confident joker. ; 

The Italian star, 27. missed a gate 
* in Tuesday’s gomt slalom as. wd as 
a chapce of winning an unprece- 
dented fourth Olympic tide. " 

; He stifl cansettte landmarkm . . 
the slalom. oil Sunday, the doting *• ' ■" '•'J-'- - -- ■’.'■> ■ 

» V;. * ' 

V .. 

* \ '• 

; / > • . i • 

■ . • . 

e, Norway Makes It a Golden Day on Slopes 


Lifted by the roar.of the crowd of 
30,000. Bredesen set aMBrebordof 
• J 04 meters on iris second ski joap 
. for a dear point victory over ho 
young teammate, Lasse Otteseo. 
Die ter.. Thom a of Germany' 
. daimcsd bnmze biu the vetetan 
Jens ^eiiaflo&.whd defeated Bre- 
desm oa the high hill and propeSed 
the Germans to gold in the team 
event, bad to settle for fourth place 
' in Ms fesrGlympic apptarance. - 
“It was real revenge”. JBredesen . 
.. ennwdL^-' 

It was a nanadcaNe' Olynrpic 
turnaround lor Bredesen, who Sn- 
' ished last; tmJhe pqnnal, or 90- 
meter y faifi.m Albertville two years 
ago and (bred tfrom theJast ond» 
Mgh-MD after faffing to master the 

• ForTomba, 
And Stress 

, . Th t A aqdated Pros. . 

- OYER, Ndrway^ ^^Thetqttet m : 
. the Olympic giant slalom has 
- caused Alberto Torohaabad beadr . 

* arfw-, .. 

And die Italian skier said ft 

• he still feeb.mmasy-, with Sunt 

Sweep in Alpine Combined 
Puts the Crowds in Frenzy 

MKfaad taW/Rcmoi 

Lasse Kjns of Norway passing a gate Friday daring the second heat of the combined slalom on the way to the gold medal 

• »\ 

At 26, Bredesen says be does not 
expect to jump at another Olym- 
pics, although he will continue an 
tbc Worid Cap circuit at least until 
the end of this season. 

Instead, he says, he intends to 
pursue another sporting ambition: 
to become the first man to rid jump 
more than 200 meters is a so- 

• Vs 

called “ski flying” competition. 

For 29-year-old Wrissflog, who 
won his fint gold on the normal hfll 
of Sarajevo in 1984 and then went 
10 years without any further Olym- 
pic medals, Friday’s competition 
was definitely an Olympic farewdL 

A victory would have put the 
German alongside the Finnish 

great. Maid Nykanen, the only ski 
jumper to win four Olympic golds 
and a silver. 

With Bredesen casting off the 
Eagle nickname, ski-jump pundits 
soon found another athlete for the 

MasaMko Harada, whose second 
jump in Tuesday’s team event cost 

his team the gold medal, reached a 
creditable 98 meters on his first 
jump down the 90-meter hfH but 
lost Ms balance and tumbled to 
earth after just 54 meters on the 
second. He was placed second to 
last of the 56 finishers. 

{Reiners. AP) 

By Angus Phillips 

Woshmpon Post Service 

gians worry. They worried particu- 
larly about coming up short in 
prestigious alpine skiing events as 
hosts of the 17th Win tor Olympics, 
so they hired Austrian coaches and 
upped the alpine training budget to 
over $2 million this year. 

Still things weren't going well 
with only Kjetil Andre Aamodi’s 
two medals — a silver in downhill 
and bronze in Super G — 10 show 
for the first 1 1 days of competition. 

But their concerns were swal- 
lowed in happy song Friday when 
Norwegians swept all three com- 
bined dow nhill mpdflis on the sla- 
lom run at HafieU, giving the home 
team five rut-dak in aJpfne skiing 
with two events to go and 25 med- 
als overall in these Olympics — the 
most of any nation in the Games. 

The stunning alpine triumph 
marked the first home-team sweep 
of a winter event since Japan did it 
in ski jumping at Sapporo in 1972, 
and 30,000 flag-waving Norwe- 
gians were on hand to celebrate in 
frosty, colorful style. 

“Seiern er Var ! ” sang the fans, 
serenading gold medalist Lasse 
Kjus and his two teammates at the 
finish while the three skiers danced 
in their ski boots with women in 
traditional country garb, then 
threw flowers to the crowd. The 
lilting song means “We are the vic- 
tors,” said Dora Sofie Kittilsen, a 
volunteer Olympic worker moved 
to tears by the jubilation. 

With the hillside and stands 
packed almost exclusively with 
Norwegians who expected gold, the 
celebration went on a while, and at 
some point choruses and bands 
were singing and playing conflict- 

was m a better form than in 
Albertville prior to Tuesday’s 
race,” said Tbmba, rejecting sug- 
gestkms that he did not train prop- 

^n AlbertvilleM 1992; Tbmba 
tured sOyca in the slalom. 

Tomba also denied that relations 
had grown tensc with Thoeai, a' 
four- time overall World Cup cham- 
pion who has been coaching 
Tomba for sevioui years. . • 

TTwem noted with some humor, 
after Tonba!s failure tins week, 
that he expected to be dismissed 
“as they usually do soccer coaches : 
after a defeat." 

, •. . 

\ ...< ■ _ i. 

■ • • • ' s 


tavo fears to be fired, and tms is not 
the case. I plan to continue our 
• cooperation although I sman adult 
and I could continue by mysdf." 

For 'Sunday’s race, despite - the- 
- absence cCajpo-giant slalom. and 
giant slalom gold medalist Madras 
Wasmeiejy Tomba is wary of other- 
Germans, taring Amim Bjunerand 
Peter Rotk He Mso named Thomas 
Stangassxnger of Austria and To- 
mas Fogdoe of Sweden as skiers to 

Kcvia LanuiqiK' RoHcn 

Good to Outshine Evil 

Ratten . 

LILLEHAMMER — Ufleharnmer plans a qwriding, symbolic 
end to a dazzling Whiter (Bynqacs. 

A forest foH of ^it, thousands of twinldmg battery flashlights in 
the Ofynqac arena and a blazing firework display vSi combine at 
Sunday’s d« = ceremony to symbolic the timn^ih of good over evil 

Gruesome gwmttrcfls and erilNadicq>riteswIIL stalk the stage 
before good spirits gain theimperhaad in a ftny^ale artistic enffing 
to Norway’s highly successful 16-day sporting extravaganza. 

Do the oiganizeis have a surprise eff two in store? 

“Sure we do,” said the ceremony ^ ^pakeswaman,.Nora Ibsen. But 
she wouldn’t give too much awsy. 

ilufovSnsSirbti blottdingN<Hway’ "rich 

for the two ceremonies is nearly $13 mfllion. : 
time, the athletes’ pjocesson wiB be a casual affair and the 
whde ceremony is to last just an hour. The party may last longer. 

After the athletes’ parade -and before die artistry begin* a six- 
member environmental expedttioa.wffi set off for Japan oudogsdeds 
bearing a'rnessage for the nest winter host, Magana 

The Arctic journey,' using no motorized transport, will take IS 
&KB»h& The message urges Nagano to fdkw liKefaainnier’s lead in 
taking tbc, env ironm ent into considers non. 

After speeches from the Gaines president, GeriimdHea)er& and thn 
Imeraatkmal CRyn^CamnritteD pRadez% Juan Antonio Samar- 
anch, the Olynfnc wffl te lowered and the fairy tale will begin. . 

Evil spirits wiB paarmto the snowy arena . and, joined by enor- 
mous iraBvdrivc the good spirits away. 

“That wffi teqmteai cent feefing,’’ Ibsen said. 

But the -good guys recover their ocmragp and use m in ors to direct 
hgbt ai baddks, die one thing that,can finish them. 

Forty thousand ^jecaaiors wffl switch cm flashligbis to add 10 the 
glare and to renEnd the worid about Sarqevo, Olympic host 10 years 
ago and devasmtod by the eyfl of war. 

Each of the torches bean the iascripfm “Rtmemba- -Sarajevo.” 

l jyJmpah**A Unkin g a Japanese worn- 

3B will emer the areas to the sound of a scdiiary Oriental flute before 
thousands oTlightsarelil in thesurrooudiafr fores, spectator flash, 
their flashHghls-BDd fitcrorks enipt. . 
Lase«wfflq>^dmttenwsagp:*^jfoumNagnt»f^R n 1 

In Upset, Russians Win 30K Biathlon 

IOC WtU Match 
AU Athletes’ 
Aid Donations 


International Olympic Com- 
mittee said Friday that it was 
stepping up Sarajevo aid dona- 
tions in older to defuse a dis- 
pute with a Norwegian charity. 

The IOC said it would 
match all charity donations by 
Olympic athletes in LOleham- 
mer, although its share would 
go solely 10 hdp people in the 
Bosnian capital which was the 
host of the 1984 Games. 

“Well give more than we 
originally announced we were 
going to," said an IOC spokes- 
man, Andrew Napier. “Dur- 
ing these particular Games, 
Sarajevo has been on every- 
body’s minds because it’s 10 
years ago." 

While the IOC wants to fo- 
cus only on Sarajevo, many 
athletes are giving money 
through Olympic Aid. a charity 
that divides donations between 
Sarajevo, Eritrea, Afghanistan, 
Guatemala and Beirut. 

The Norwegian speed skat- 
er Johann Olav Koss, who won 
three gold medals, last week 
triggered an IOC offer to 
match athletes' donations to 
Sarajevo when he said be was 
giving a $30,000 victory bonus 
to Olympic Aid. The IOCs 
original statement meant it 
would only contribute $6,000 
to match ihe sum donated by . 
Koss. But Friday’s revised of- 
fer meant the IOC would now 
match Koss' full donation. 

ing tunes and the slopes echoed 
with a musical chaos. 

Kjus, second-place Aamodt and 
surprise bronze medalist Harald 
Christian Strand NHsen had to 
knock a pair of Americans off to 
gel to the top. Kyle Rasmussen and 
Tommy Moe stood second and 
third after the downhill portion of 
the two-day event was completed 
I ! days ag/o, but neither is a slalom 
specialist and both had their bands 
full when the action shifted 10 the 
twisting, turning plunge through 

Moe fared well enough with an 
excellent first run 10 hang onto 
third place. But he fell to fifth when 
he was overtaken on the second run 
by Nflsen and slalom specialist 
GOmer Mader or Germany. 

Stfll it was a satisfying conclu- 
sion to a most rewarding Olympics 
for Moe, who won the downhill 
gold on the first full day of compe- 
tition, then came back to take the 
silver in Super G four days later. 
He has never won a race in world 
competition before. 

Moe, whose agent back home is 
busy negotiating for a Nintendo 
downhfl] ski game named after his 
newly famous diem, said, “1 never 
skied slalom this good before.” The 
24-year-old Alaskan had just five 
days to practice on gates after failing 
to post a slalom result aD season. 

After his stellar first run Friday, 
Moe said the only way he could 
hang on fora medal was “to rid my 
brains out" next time down. He 
very nearly did, completing the run 
only S/lOOths of a second slower 
than Aamodt, a slalom expert. 

Rasmussen fared less wdl He 
skidded off the coarse on Ms first 
run and had to dimb back up the 
hill and rerun a gate to stay in the 
race, ending up 17 seconds behind 
the leaders. His second run was 
dean and he celebrated with a 360- 
degree, full-speed spin while twirling 
Ms ski poles as he crossed the line. 

That theatrical gesture was sadly 
lost on the crowd, which was mob- 
bing the Norwegian heroes while 
keeping an eye on a screen at the 
foot of the mountain that p laved 
video coverage of the ski jump fin- 
als, where Norwegians wound up 
gold and silver winners. 

More roars went tip as the 
jumpers brought their medals 
home, and Norwegian faces up and 
down the hfll lit with delight 
Kjus was simply relieved. He 
said the pressure on Norwegians 
alpinists to produce hero was in- 
tense, particularly in light of news- 
paper articles criticizing the bur- 
geoning budget for the alpine team. 

“The public doesn’t understand 
it’s not that easy to win in alpine," 
said Kjus. “It’s not like cross-coun- 
try, where you can train hard and 
to farm. In alpine, so many 
igs have to be right" 

So they went for Kjus and Aa- 
modt, who are called “The Dream 
Team" by the local press, but for all 
the wrong reasons. Both are ab- 
sent-minded, and on Friday, Kjus 
admitted that the twin me dalists 
both forgot their credentials to get 
into the athlete's area at HafieU 
and had to make an emergency car 
run hack home to fetch them. 

While the top-five finish pleased 
Moe, it left the U.S. team still shy 
of the one medal it needs to match 
its best alpine Olympic showing 
ever. With two golds and two sil- 
vers, the Americans need any med- 
al to get to five — the magic num- 
ber skiers brought home from the 
1984 Games at Sarajevo. 

The last best hope is slalom spe- 
cialist Julie Parisiea in Saturday’s 
women’s event. Parisian had four 
top-five slalom finishes in 1 992-'93, 


The Associated Press 

capitalized, on poor shooting by a 
■German racer to win the women's 
30-kflQzneter relay Friday for hs 
third biadflou gold medal in the 
Winter Olympics. 

a winning time of 1 hour, 47 min- 
utes, 19.5 seconds. All four shot 
dean, hitting every target in the 
event that combines marksmanship 
and cross-country sknag. 

Germany, the prerace favorite, 
finished 357 behind for the silver 
medal France, which won the relay 
m jhe 1992 Albertville Games 
when women’s biathlon was added 
to tte Olympics, was 5:0&S behind 
for the bronze: 

Norway was fourth, Ukraine 
fifth and Belarus sixth. 

The Germans led the Russians 
by 1:1212 after the second leg. But 
on .the third lea, Simone Greiner- 
Petter-Manm choked at the shoot- 
ing range. She first missed three 
mots at the prone stage; meaning 
she had to ski three 150-meter pen- 
alty laps. * . 

Grdner-Peticr-Memm blew ft 
at the. next range, misting 
targets at the standing posi- 
tion that forced her to sin three 
more penalty laps. 

The German anchor, Petra 
Schaaf. shot cleanly on lhe last leg 
to overtake Franco for the star 
medal. Schaaf. and Anne Briand 
checked in simultaneously at the 

Lonza Noskova of Russia pressing onward Friday in the 3UakKneter rday fo hefir ter team outpace 
the Germans by nearly four minutes and win her country's third biathlon gold. France finished rim a 

second range, but the Frenchwom- 
an missed one target and was 
forced to ski one penalty loop. 

*Tve never shot so badly before 
in my Kfe/’ a tearful Greiner-Fet- 
ter-Meflim said at the finishing 
urea. “I'm ashamed." 

The otter Russian biathlon tri- 
umphs at Biikebdneren stadium 

came in the men's events. Sergei 
Tarasov won the 20-fcflometer and 
Sergei Tchepikov took the 10- kilo- 
meter sprim. 

The U.S. team finished eighth 
out of the 17 teams, a significant 
improvement over its 15th place in 
1992, They came in 10:16 behind 
the Russians, but ahead of Sweden 

and Finland, both of whom defea- 
ted them in Albertville. 

Myriam Bedard of Canada had 
woo gold medals in both individual 
women’s biathlons here, but her 
less proficient teammates gave her 
no chance of winning a relay med- 
al. Canada finished 25th. more 
than 15 minutes behind the Rus- 

Compiled by Oar Stiff Fran Dispatches 

• No, apparently it won't snow 
at the closing ceremony Sunday. A 
Games spokesman. Tor Aane, said 
the sunny weather, which returned 
after clouds Thursday, would con- 
tinue until the end of the Olympics. 

“We decided this rooming that 
the snow will Tall cm Monday," he 

• So when it’s all over and the 
snow settles back in, 350 of the 550 
organizers of the Games face un- 
employment. About 100 people cm 
the organizing committee will re- 
turn to jobs they had before the 
Games, while another 100 have 
found new work. 

• Norwegian fans warm up with 
music and gymnastics while they 
brave icy temperatures before the 
ski races start They sing along to a 
tune known to En gl ish speakers as 
“Land of Hope and Glory" and 
then the illuminated results board 
instructs: “Stamp your feet. Gap 
your hands. Hug yourself. Kiss a 
Swede. Kiss anyone!" 

They get right into the spirit, but 
one young volunteer repelled ad- 
vances by saying: “No. not me. Fm 
not a Swede." 

• This from behind the scenes: 
The U.S. figure skater Tonya Har- 
ding, who sold her Olympic story to 
the U.S. television program “Intide 
Edition,” said on the show that she 
had given her rival Nancy Kerri- 
gan. a long-promised hug at the 
draw for the free program. 

U5. officials said they had not 
seen the encounter, but Harding 

still consider her a friend and a 
t eammat e " 

• Japan’s cross-country skiers 
got the royal treatment after bring- 
ing their country its first gold med- 
al of the Games. 

Prince Mikasa, a cousin of Em- 
peror Akihito, was there for the 
cross-country final Thursday in the 
team Nordic combined event. The 
prince and his wire are in Norway 
to promote friendly relations be- 
tween Tokyo and Oslo. 

“I found out after tbe race that he 
was there," said Masabi Abe, one of 
the team’s three members. “But Fm 
happy be came to cheer us.” 

• Norwegian nordic combined 
coach Jan Erik Aalbu has called for 
a change in nordic combined rides 
to give more weight to the cross- 
country ski phase. Japan's victory 
in the team competition was virtu- 
ally guaranteed by a good ski- 

jumping performance, which gave 
them a five-minute head start in die 
3x10 kilometer relay. 

“When one has time to eat five 
hoi dogs and drink two Coca-colas 
before the next cross-country run- 
ner sets out, there is something very 
wrong," Aalbu said. 

•Thank you and good-bye. Mar- 
kus Wasmeier has packed up his 
two alpine sluing gold medals and 
flown home 10 Bavaria. 

Wasmeier, who won the super- 
gjaul slalom and tbe giant slalom, 
was 20th in the downhill leg of the 
alpine combined, so he decided to 
skip the second slalom stage. He 
had already surpassed all expecta- 
tions with ms two victories. 

(Reuters. A fF.AP) 

■--Vs v.. : ' ' i YJ - TVir’V- ijhr- ; 

s-'.'. v-*- . .■. ^ c. . . •• ■ •. -.•«. 

Page 24 


The British Menace 


Shakespeare’s Iambs to Pinter’s Pauses 


M IAMI — I wish to discuss a 
serious threat to U.S. na- 
tional security now being posed by 
a foreign brassiere. 

It’s called the “Wonderbra." I 
found out about it via an article in 
The New York Tunes written by 
Emily Prager. who comes right out 
and states that she does not have 
any cleavage I “I have no cleavage - 
are her exact words). 

This is why she was interested in 
the Wonderbra, which is apparent- 
ly a legend in the fashion communi- 
ty. It nas been manufactured and 
sold for more than 30 years in 
Great Britain, where it is extremely 
popular because it makes women 
appear to have a larger, more up- 
lifted set of fashion accessories. 

The Wonderbra is not yet sold in 
the United States, but it will be 
soon, so Emily Prager got hold or 
one and took it out Tor a test drive. 
Her goal which she freely admits, 
right in The New York Times, was 
to get men to talk to her breasts — 
not in the sense of walking up to 
them and saying. “Hi! How do you 
breasts tike this weather we're hav- 
ing?''; but in the sense of talking to 
her whiie looking down at her 
breasts, the way guys often do. as 
though the breasts had urgent safe- 
ty information written on them. 


This is why life is so complicated 
for men in me 1990s. On the one 
hand, if you DO look at a woman's 
breasts while you talk to her, she 
could conclude that you're a Nean- 
derthal testosterone-oozing slime- 
bag or a U. S. senator, and she could 
call the police, and you could end up 
being arrested for Sexual Harass- 
ment and Being a Creep. On the 
other hand, if you DO NT look at 
her breasts, it could turn out that 
she’s a reporter for The New York 
Tones, and you are actually hamper- 
ing her efforts to cany out her jour- 
nalistic duties, which are protected 
by the U. S. Constitution, which 
means you could wind up in federal 
prison awaiting trial on charges of 
Failure to Take a Gander. 

It is not easy being a guy. 

Emily Prager did eventually get a 
man to talk to her breasts (“The 
Wonderbra and f had done our 
work,” she reports). 1 am not sur- 
prised. Males have a lot of trouble 
not looking at breasts. What is 
worse, males cannot look at breasts 
and think at the same time. 

i ve oecn aware of this ever since 
my early adolescence, when my 
friends and I would spend hours 
gaping idiotically at pictures of 
breasts in somebody's older broth- 
er's collection of Playboy maga- 
zines. which were always stored un- 
der his mattress. (The primary- 
cause of spinal problems in Ameri- 
can males is that they spent their 
formative years sleeping on piles or 
Playboys.) What was ironic about 
those magazines was that they also 
contained endless droning essays 
by Hugh Hefner outlining the vari- 
ous tenets of the intellectual philos- 
ophy of the Playboy Man; mean- 
while. several pages away, the 
Playboy Man. who was actually in 
ninth grade, was staring at the vari- 
ous tenets of Miss August with lust- 
engorged eyeballs and a functional 
IQ in the rutabaga range. 

So we have three facts to consid- 

1. Breasts make men stupid. 

2. The Wonderbra makes breasts 
even more noticeable. 

3. The Wonderbra is coming 

This is very bad for the United 
Stales. Look at what happened to 
Great Britain. At one time, there 
was no Wonderbra, and Great Brit- 
ain ruled the richest and most pow- 
erful empire on Earth. Now, there 
is a Wonderbra, and Great Britain 
is a pathetic shrunken nation with 
an economy based almost entirely 
on selling blurred photographs of 
Princess Diana working out. 

Coincidence? I think not. 


Imagine what wfll happen to the 
United Stales if large numbers of 
American women start using the 
Wonderbra. It will be catastrophic. 
The male half of the population 
will be nothing but mindless drool- 
ing Zombies of Lust. 

What can we do about this 
threat? A nuclear strike against 
Great Britain would probably be 
overreacting at this point. A better 
idea would be to send over a dele- 
gation of top leaders to look into 
the Wonderbra. so to speak, and if 
we don’t bear from them in a week, 
then we launch a nuclear strike. 
That is my primary recommenda- 
tion. My secondary recommenda- 
tion is that this delegation, with all 
due respect, should NOT include 
the president. 

Knigfit-Ridder Newspapers 

International Herald Tribune 

L ONDON — ■ The risks of performing 
with children and dogs are well docu- 
mented. but only an actress as daring as 
Fiona Shaw would battle an alarmingly 
mobile eight-ton cast iron set on the stage of 
the National Theatre. And. of course, win. 

The play, which ends its run this week, is 
“Machinal'' a 1928 Expressionist drams 
by an American, Sophie Treadwell ex* 


burned by New York’s Public Theatre in 
1990. Shaw took it on because she felt 
called to when asked in the space of one 
week to play in two different London 
productions. She chose the National The- 
atre and director Stephen Daldiy. 

“I was very glad to do it with Stephen, 1 
mean Teally glad to do it with him because 
it needs an enormous treatment to make 
sense of it. The text can be very dangerous, 
it could easily, given the wrong treatment, 
have turned into stream-of -consciousness 

Shaw-. Dal dry and designer Ian MacNeil 
have probably got more out of the play 
than it contains. Its central character is an 
Everywoman, Miss A., trapped in an inhu- 
man mechanized world, out of touch with 
it and with herself. It is the story. Tread- 
well wrote, of a woman who murders her 
husband — “an ordinary woman, any 
woman ” At the literally hair-raising end, 
Shaw dies onstage in the decide chair. 

“Machinal" can be taken as a feminist 
text, though not by Shaw. 'Ten years ago 
it undoubtedly would have been, it has to 
do with the rimes." Nearly 10 years ago 
she was at the RSC militating for more 
directing jobs for women: good directors 
are good directors, she says, but at the time 
there was a balance to redress. 

“I don’t mean that feminism achieved 
its goals in any way. if I knew what those 
goals were. 1 don't think things have 
changed enormously in 10 years but the 
focus on the language of differentiation 
seems to have become irrelevant.” 

Tall at 5 feet 9. with a rangy tennis 
player’s build. Shaw is a supple conversa- 
tionalist who quotes Noel Coward's Judith 
Bliss and the Paris fe mini st writer H6l£ne 
Cixous (“The problem with the French is 
that they forgive Orestes too much") and 
argues plausibly that the best line in 
Shakespeare is Chanuian's “Ah! soldier.” 
at the end of “Antony and Cleopatra.” She 
was talking between the matinee and eve- 
ning performances of “Machinal” when a 
more cautious star would he in a darkened 
room with an ice bag and a steak. 

A few days earlier she had been in New 
York for a long weekend of shopping and 
lecturing on theatrical language from 

Fiona Shaw: Most people think ‘‘the poetry carries itself and I don't think it does.” 

Shakespeare's iambs to Pinter’s pauses. 
The next day she would fly to her native 
Cork to give prizes at a drama school and 
spend the night with her parents, and the 
day after she bad a public reining of 
Pope's “The Rape of the Lock,” which had 
slipped her mind (“just a little thing"). 

The next days would bring the end of 
“Machinal” a lecture for American stu- 
dents, an overnight stay in a convent to 
write a Lenten talk, the giving of a drama 
prize. She was about to rehearse a reading 
of another Treadwell play, “For Saxo- 
phone,” and a production with Deborah 
Warner of Beckett's “Footfalls” was, in 
her word, im min ent. 

“I'm doing too much. 2 am, 1 am. I am 
doing too ranch,” she said. At the Royal 
Academv of Dramatic Art she refused to 
abandon her Irish accent knowing with 
her fine ear that she would lose rich speech 
rhythms and the strong native “r that 
English actors have to struggle for. “If you 
drop the ¥ when you have the Y,’ it is a 
foolish thing to do." she said in fine Wfl- 
dean cadence. 

“You don't hold onto an accent, it holds 
onto you. It's only if you do something 
about it that it goes away. I refuse to do 
something about it because I think you 
lose your soul if you do that.” 

At 35. Shaw is the strongest actor 

around. Some audiences, used to diluted 
performing, fed she goes over the top. T 
don’t think it's gang over the top in mat I 
know precisely where it is and it’s been 
monitored very precisely. I think all Fm 
doing is tracking the imaginative reality of 
it. The physical realism mat I am gang to 
match the poetry with, most people don’t 
bother about. They think the poetry car- 
ries itself and I don’t think it does.” 

She was raised happily in a home where 
everyone was always performing; her fa- 
ther, an eye surgeon, knew everyone in 
Cork and her mother predicted, rightly, 
that she would lose her boyfriend if she . 
kept beating him at tennis. It was neigh? 
body and calm : the sort of atmosphere 
that makes adventure seem plausible and 
un threatening. She went to college before 
drama school because her parents wanted 
her to and studied philosophy because it 
guaranteed she would never find a job. T 
found it very helpful subsequently because 
it's very good for assessing the minutiae of 
text, the syntax of text" 

Shaw graduated from RADA in 1982 
with a gold medal and bicycled to an 
audition for “Wozzeck” with a young di- 
rector named Deborah Warner who had 
founded a company called Kick and had 
coolly called RADA to suggest they send 
their best student around. 

“1 evded over and had to bring my bike 
in because I.waa- nervous, about it- and 
Deborah just laughed, I remember bet 
laughing . I would have taken anything, so - 
I ended up playing. tMswoman who tails., 
to the moon." ' .. .. 

Then the two fell out,Shaw went on to a 
b rilliant ca ree r in classical comedy (first 
she was the new Maggie Smith, then the 
new Vanessa Redgrave, then -in films , the 
new Meryl Streep) and after ax: years 
Warner and Shaw were brought together 
by the RSC for a mighty “Bectnfin 1988,. 
followed by an equally powerful “Redda 
Gable-.'’ Warner then shot “Hedda” for 
televirion in a week arid, says Shaw, had 
the b»ng of it by Wednesd ay even if the 
first scenes were -a bit off. They plan- to. 
film “Measure to Measure” together in 
one of the grayer parts of East , -Berlin or 
maybe on a mountain in Spain/ 

They work in exceptional balance. 
“Deborah is very still and calm aod l 
suffer from multifarious but rather dislo- 
cated She sort of grows them: She 
picks the ones that inspire her and really 
■ works them. ” 

Shaw may get back to classical comedy 
if Warner aba “The Way of the World.” 
“But she’s so perverse. Deb. She wanted to 
reverse the sexes which means I would get 
to play MrrabeH the ora? person who isn’t 
funny.” Shaw would also like another 
crack at “Much Ado About Nothing" be- 
cause she feds the pain in Beatrice has 
never been zapped: . 

T think that’s something I teamed from 
Deborah. An often not-mined vein, the 
vein of vulnerability, is the greatest van .of 
access to characters, not their strength. 
Beatrice has the wit and joy, but h would - 
be marvelous to get to that other bit on 
which the wit sits.” 

After what she calls a jokey film career 
that included “Three Men and a linle 
Lady” and “Super Mario Bros." Siaw 
plans to play Mrs. Lowderin “The Wings 
of the DovcT and Oyle umc s tra , or Nestra 
as she will alarmingly be called, in David 
Rudkin's script. The Fire in the Womb.” 

From the start Shaw says, rite wanted 
to act more than anything in. die world 
without even knowing what acting was. 
She has die occasonal dream of living in 
the country with four children, dogs and 
an Aga cooker but it is dear that those 
heady three hours of intense onstagereali- . 
ty and the feeling or safety up there are not 
easily abandoned. Nor is the sense of risk. 

T sort of fed that once you've harnessed . 
yourself to somebody or something, you 
might as weO go down in the ship with 
them, too. Has ‘Machinal 1 was headed for 
catastrophic failure and I was quite thrilled 
by h. not because I wanted it to fail but 
because I knew that, phoenixlike, its re- 
demption would lie very near its failure.”. 

28- Year-Old American 
Buys Onossis Yacht 

A K-year-oM New Hamjfihire 
money manager paid $22 million 
. to the yacht QffisiffiL a floating 
palace ooce owned ty Aristide 
Onasrik Alexander Bbstos bought 
the 325-foot flW-meier) yadu from 
the Greek gcwanmoit and plms to 
spend S40anHkm io refurbish ii for 
has cm cseandtoinmied chatters 
at the Aegean Sea. Onassis died in 
1975- and willed the yacht to. his 
daughter, Christina, whojavc ft to 
the Greti gcwennpeoL 
.. ■ ... - .;. 

. - More than 100 horses that nearty 
sarved to death at faros owned bv 
fashion tear Paoh Coed have been 
-sd3d- for more than $2 mfflioo to a 
eotoEado -iaacber. The judge who 
presided over Gucdfc contentious 
divorce case appfcwd drc saleof ihe 
. I13ArahiaastoMtehiHgsiar Farms. 
. and said .profits front the sak .would 
be used to pay- expenses incurred m 
tooting the horses. Several hones 
died, of starvation at the farms 
owned ty Gucci. who lives in Eng- 
land writes former stable hand and 
then- infant daughter. 

: □ 

Police are investigating a bur- 
glary at Prfoce Charles' personal 
-apartment in London's St. James 
Palace. Cufflinks, tiepins and sev- 
eral other small personal items 
were stolen, a Buckingham Palace 

A Las Angeles judge has thrown 
out a lawsuit against Bette MBtfier 
and the makers of. the 1991 film 
“For the Boys,” concluding that 
the movie was not based on the life 
of entertainer Martha Raye, who ^ 
had filed the $5 million breach of *• 
contract suit. 

Q . - - 

Garrett Morris, aoe of the origi- 
nal “Not Ready, for Prime Time 
Playec" .on- the “Saturday Night 
Live 7 ’ television show, was shot and 
criticaty wounded Thursday during 
abokhtp attempt on a sueet in Cen- 
tral Los An^dea. police said. Moris. 

57, underwent surgery at an Ingle- 
wood hospital where doctors said 
he; was expected to survive die gun- 
shot wounds in Ins chest and arm. 



Appear* on rbges It & 1 1 

W * 





















9 46 









































4/ 39 

















Costa M Sol 










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-8/16 ■ 


-6/22 ■ 







6/43 PC 








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8/46 pc 






















■ It/13 












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aPWBrstwu -9/18 




















IS -14/7 



















■2/29 S 






















Forecast lor Sunday through Tuesday, as provided by Accu-Weather. 


Hon Low w 


n, r ^ n / 




HS& Low W 
SJrit 23/73 pc 
205 -IM PC 
18«84 1305 pc 
33/91 33/73 pc 
25/77 11.52 s 
4/38 -7/20 PC 
9/48 003 pc 

29W 24/75 pc 
19.66 13/55 pc 
7/44 -2IZ9 pc 


North America 

Toronto and Montreal 
through Boston and New 
Vortt vril have dr/. vwy cold 
weather Sunday into Tues- 
day. A storm wfl be gather- 
ing In the Lower Mssisalppl 
Rn/er Va»ey Monday. Heavy 
zafres wfl break out along the 
GuH Coast. Snow win tall n 
the Midwest 

Middle East 


Heavy rans over Span. Por- 
tugal and southern France 
Sunday into Tuesday wSI be 
accompanied ty mild weedi- 
er. It wri tum spdngdce from 
Rome and Set^ade through 
Istanbul, Turkey Cold 
weather wdr be confned Io 
northern Scandinavia and 
the northwestern former 


Beijing through Seoul will 
tum colder Sunday with a 
few snow showora a! Seoul 
Monday and Tuesday wiB be 
cold with some sunshine. 
Japan w* be milder Sunday 
Mo Monday. Showers Man- 
day w® be tatowed by windy 
and cold weather Tuesday. 
Manila and Bangkok will 
remain mainly dry and warm. 

Today Tomorrow 

High Low W High Low W 


Bofru 19/66 11/52 a 17/82 11*2 pc 

Corn zm am » js*o am pc 

Domo»* 16/BI 4/39 S 13*5 3/37 pc 

Jarutafem 10*1 7/44 5 14/57 7/44 pc 

Uwnr 29/84 7*44 % 25/77 2/35 pc 

FVys* 24/73 12*3 a 28/79 11*5 pc 

Latin America 

Tartar Tomorrow 

High Low W Wgh Low W 

BuonMAfrn 27/60 20*8 pc 28S4 20*8 I 
Crnor 1JMW pc 29/84 19/86 pe 

Un 26/79 21/70 pc 27/80 21/70 pc 

MracoCfy 22/71 BM8 pc 22/71 7/44 pc 

Rfarfoiorwro 30/102 20*2 pc 34*3 28/79 pc 
Sarto gr, 27*0 12*3 1 23*4 11*2 pc 

Legend: s-sunny. poeartfv dourly. odouOy. sh-ahowors, t-triMtastorms. r-nun. sFmw Humes, 
sn-snow. nee. w-Weaner. AI m*?*, forecast* and data provided by Accu-Weather, me. Z 1994 

Bodon 002 -11/13 *1 3/27 -|0/15 « 

Ctvcapo -4/29 -12/11 pc -4/25 9/16 pc 

Denver 13*5 -1W pc 12*3 -iCS pc 

DaM -4.2S -12/11 PC -S24 -12/71 pc 

HonohJu 27*0 19*6 pc 27«i 16*4 pc 

Howlcn 13*5 2*6 pe 19*6 10*0 pc 

LwAngafco 20 *B ro *0 pc 19/08 11*2 pc 

Km 26*C 17*2 5h 2B/79 16*1 pc 

Umaapefa -8/18 -14/7 c -6/22 -12/11 d 
Mortcol -9116 -19*2 pc 10/15 421-7 SI 

Nassau SB/TJ 19*8 pc X',1 16*4 pc 

Nfw York -1*31 -9/16 m -2/29 *'18 1 

Rwana 28/79 13*5 9 25/77 10*0 pc 

San Fran 16*1 9.'48 c 17 62 11/52 pc 

Snonfc 11*2 6/43 jh 12*3 6'46 ah 

Tarawa -3/16 13/9 pc -7/20 -11/13 pc 

Wa srmgcn 2<36 -B/18 d 0/32 */1B 1 

Here Today, Gone Tomorrow: Instant Snrroundingi 


13*5 1 


11.92 pc 

Capa Town 


20*8 8 


17*2 pc 



7/44 1 


9/48 pc 



205 » 


B/46 pc 


28779 5 


28/78 pc 



10*0 pc 


13*5 pc 



12*3 a 


11*2 pc 

North America 



-1i« 1 


-191-2 pc 



-209 a 


1*4 a 

By Enid Nemy 

New York runes Service 

N EW YORK — It’s a. department store, 
son of. Just one problem — it stocks 
almost a million items, give or take, but rarely is 
anything for sale. 

What's it all about? Think ephemeral think 
make-believe: Think about the backgrounds in 
all those magazine ads and co mm ercials and the 
rooms on stage and screen. 

Props to Today, which furnishes many of 
three sets, doesn’t have everything under the 
sun. it just seems that way — three floors of 
sofas, beds, dishes, clocks, pictures, desk sets, 
perfume bottles, bird cages, bat boxes, signs, 
teddy beats and on and on, old and new, period 
and modem, all ready to be shipped or carried 
away without any lasting commitment Every- 
thing in this emporium is, with few exceptions, 
to rent only. 

Props for Today is one of the city’s leading 
prop sources for stylists, set designers and 
other people whose business is furnishing bere- 
today-gonc- tomorrow backgrounds. It was 
started 14 years ago by Dyann Klein, who at the 
time was in the same profession as many of her 
present customers — a stylist, choosing and 

collecting appropriate props for commercial 

Today, her clients indude not only ad agen- 
cies and photographers but also designers for 
theater companies (New York Shakespeare- 
Festival York Theatre Company, Jewish Rep- 
ertory Theatre, Pan Asian Rqjextory Theatre), 
movies (“Scent of a Woman,*’ “Six Degrees of 
Separation,” “Cariito's Way”) and television 
(“Another World," “Law and Order;” “Satur- 
day Night Live”). 

The stone dog weaimg a Christmas bow iri 
“Heme Alone 2," the diningroom set in “Scent 
of a Woman,” the sofa in the Nicole Kidman 
skit on “SNL” — all are from Props for Today. 

At one time, according to Kenneth Foy, a 
Broadway set designer (the 1989 “Gypsy,” 
“Candida”), major galleries would loan ftinri- 
ture in return for a program credit, or would 
rail an item for 10 potent of its value a week, 
with the understanding that if the play was a hit 
the producer would buy it. Now, hesays, galler- 
ies are increasingly hesitant to risk good pieces. 

Klein started Props to Today because rite was ' 
having trouble getting white dishies, which show 
off food products to best advantage. “I couldn't 
borrow them because stores only had finnr cam - 

woqldn’t rent, whieb meant the dishes had to be 
bought and then returned,” Khan r eme mb ered.. 

She solved the problem ty buying her own 
Stock of wfmo-on-wbifc patterns (“500 feet of 
them,” die says). She not only got the money 
back butmade a profit by renting them to other f- 3 
stylists at a weekly rate of Sl to SlO a dish. 

When she accumulated enough capital she 
added glassware and flatware and, finally, in 
1980, with a nest egg of 55,000, opened her 
business.. . 

Prop rentals often minprthe styles of thc 
times: when Klein started. out,, oak furniture 
was popular, then a few years later light wood, 
followed ty the country look, .. 

By the late 1980s there were increasing calls 
to black antf' chrome high-tech furniture. 
Themes also change. A year or two .ago, she 
says, popular themes ixuuided amflowCTS and 
Southwest: now two biggies ere cdestial de- 
rignsand what she caBs^Kg-Sky Montana.” 

A few years. ago, KJeaa began having sales 
for the public four times* year, the next one is 
scheduled Ter March, when the “Six Degrees" 
coach will be on .sale for 51,870 (retail price: 
-54,342).-- . 

AKT Access Numbers. ' \ 1 . . 

How to call around tiie worW. ■ . 

1. Using the chart below. Had the country you are calling fiora. 

2. Did the corresponding AT&T Access Number. 

3. An AT&T English-speaking Operator or voice prompt wfll adt for the phone jnimbei you wish io call or connect you to a 
Customer Service represemaiiw. 

To receive your (jree wallet card of AB3"$ Access Num bars, just dial the access nu mber of 
the country yoifrein and adc for Customer Service. 



Australia 001 

China, PRC** 




Someone back home would also love to 
hear the sound of your voice. 

Dial direct from Norway with AT&T. Just dial 800-190-11, 

After a day of cheering, shouting, oohing and aahing at the Olympic Winter 
Games, we know you’ll want to share all the excitement with people back home. 

That’s why we've made it so easy with AT&T. 

Anywhere in Norway, simply dial 800-190-11. In other countries, dial the access 
number from the list on the right. An English-speaking AT&T Operator or voice 
prompt will help complete your call to the U.S. or more than 70 other countries. 

Use your AT&T Calling Card or call collect. You'll get economical AT&T rates and 
keep hotel surcharges to a minimum. 

Of course, with AT&T you also know you'll get clear ~Tr. 

crisp connections. So there's no need to raise your voice. ua- i.' 



0014-881-011 Hungary* 

10811 Tcdand* a 
018-872 Irelan d 
800-1111 tody* 

000-117 Uechtenatein* 
001 - 601-10 lid mute* 

00-800-1311 Bolivia* 


. 999-001 Chile 

0080-102 8SQ Switzerland* 
0019-991-1111 Ukrainet 


i 1 / 

8*196 H-Salvador*. 

0-8000111- •• Guatemala 1 




00-800-12277 Gabon