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INTERNATIONAL 



(tribune 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 

Paris, Friday, January 14, 1994 


No. 34,485 






_ tsin Turns Down 

U.S. Prescription 



'jis a New Window on Universe 


Free Market: Yes | Capital Flight 

From Russia 
Is Escalating 


craes-and spiral arms, exploding stare and 
stellar gas clouds appeared on the screen witn 
exceptional clarity, Duccio Maecherto, an as- 
tronomer with the European Space Agency, 
exclaimed, “Ah 1 can say is: Wow!” 

Although the scientific dividends are yet to 
come, and difficult to predict in any detail, 
officials of the National Aeronautics and 


Space A dminis tration sought to translate the 
achievement into a restoration of public and 
political confidence in the agency, which has 
been rocked by numerous spacecraft and rock- 
et fail ores in recent years. 

Senator Barbara A. Mikulslri, Democrat of 

See HUBBLE, Page 5 


»U]U\U 

MIRD 


By Brandon Mitchener and 9 percent in 

fottrttaaanal lierald Tribune ' The outlook U also promising for CXpOftS, 

FRAN&FUBX — The German ccononw ^Tr pn^np nyuience despite 

' iheDmrtsic marie's strength agaiist the enr- 
its reM^ ttey»“t^ l 8lD ^^ febife of competing nati^ „ 

dine, , • — — - 1 — — ■ ■ — *-» • 

Many CSertaan leaders, and son* of the pop- 

‘ - ~ai i ■ rurrlnn Artfimicm TU1W RflVlllE 


ujjlct m caressing optimism now, saying 
tb^Y »n«wct:lg94 to end better than it started. - 
But this Bile brave face put forth by a nation 
that is expected to post an economic growth 
raie near zero as it fights to defend its fading 
imap as Europe's most dynamic mdostnai 
.economy 

- “People will unquestionably have to tope 1 
expectations,’’ Richard Rod ofthc 
' Swiss financial advisers UBS Bnlli ps A D few 
m in Frankfurt The average Geim 
probably continue to fed the pinch ram 19» 
oc 1997. he added. 


sides of competing nations. ., 

Despite the warnings of analysts, polls verify 
that Germans are starting the no* year m a 

rdativdy optimistic frame of mind. . • 

In tbelatestpoBby the AILensbadi Instate 

for Public Opinion Research, which hashiston- 
cdly been a nkaeaccuraleindkaior of business 

When and How? 

Ending the world recession 
- Second in a series of articles 

on returning the world’s industrial economies 
to competitiveness and real growth. 


t 


were “more «"wnme or amtioos about tne 
teredo leanT toUve whh a new austerity, for year ahead; 41 pe^t said they mn 
veare. gening less ockTeave,- shorter vacanom J^qine, cosnparedwith.28 pocent who were 

ic^monev while waldungunanptoyment,-.. moreamdous. ' . • • ■ _ • ' -Y- 

sav. Tb.r awn* those in Western Germany asked 


jobs at higher pay. as then xjwcontmoe# to 

poll out of its 

teve to lean <“ !■«, “ 


tax at a record hiffli and is most Hkdyto pp W n H enttx»noini^: # u«iw u*« iu 

^ Hbnhing for at feast 12 more months, . . • peter-RQttiger Puf* xcanomistat V Jtdn nn Thursday as they wafted in the Kranfin. 

^SSe benefits add to government Daim j cr .Benz AG, ihe biggest German mdw- ^ c&iton bang escorted by Mr. Yehsm on Tiwsday as mey 
a^vorere’ purchasing power dedmes. ^ group; forecast that un^aymratmtiw 

est German aneSoyn^ rose.tdBJ pen- * nation woaldmw.frorn4>J rnfflionm 1993 to d-5 TT -mr | - • All- 

Taleof2 Houses: Yeltsin All 


anu iuuuwj — — y. 

crime and taxes nse, thesov- 

Tbc latest economic statistics fronr^^- 

most 

the year at a record h$ and ts mwt ro 
continue climbing for at feast* 2 
raT welfare benefits add 
deficits and voters’ — dedmes. 

West German im 
cent in December, from 
ber, whfid East German unempta^t rwe - 
154 pereeot, from 15.T percmtN^a ^ 

- lion Germans have been jobless for more thM 
year. hdJLcf them for more than two years. 
partkaLairty in Eastern Germany., . . 

Tbe wS Goman eomomy 

' pasted, terms after having grown 1.6 percoit 

^Tb^est r^wsin 1994, many peo^ c »^ 

be a dedihe in inflation that 

Ttn-i-ir nhnnlr an excuse to cut interest rates 

SSSffWSSBffiaS 

tries. Consumer poces arefor^ tonrejust j- 
increases m.1993 of 4 


But among tho» in" Western Germany ^*ed 
whether they thought the economy would nih 
move or worsen in thowsst six mraiths, onlyra 
■percent were hopeful, while 50 percoit were 



Shock Cure: No 

By Thomas L. Friedman 

A'f» York Times Service 

MOSCOW — President Boris N. Yellsin 
assured President Bill CHnion on Thursday that 
he intended to continue on the path of econom- 
ic reform, despite the backlash it produced in 
recent elections, but the Russian leader would 

not commit himself to the tough strategy bemg 

advocated by the Americans and the interna- 
tional banks. 

During a four-hour meeting m ihe Kremliri, 

Mr. Cfimon offered American advm w bdp 
restructure the Russian budget in a way that the 
United States believes would curb 
end subsidies for state-run industries and create 
a more sustainable social security system- 
This American economic prescription, also 
advocated by the International Monttary Fund 
and World Bank, is deemed essential by the 
Oinlon team if the Russian economy is ever to 
be transformed to a functioning free marked 
American officials said that while Mr. Yeti- 
sin repeatedly stressed hi s commitment to ~re- 

Rnssia’s president wins strong support fro® 
his American visitor. Page 5. 

form" in general, he would not sign onto the 
specific American approach, which could be 
politically very difficult to sell to his newly 
elect**! parliamenL 

Without such a commitment, U.S. offidals 
conceded that it is hard to know exactly where 
Mr Yeltsin's economic reform programs are 
beaded, and whether they will meet the condi- 
tions of the Group of Seven industrial democra- 
cies for speeding up economic asastanoe that 
has been promised but still not delivered. UB. 
officials have said that without a sustained and 
credible reform plan from Mr. Yeltsin they 
cannot be more forthcoming on aid. 

Mr. Yeltsin's existing reforms and the hard- 
ships they have produced were a factor m 

Sk»-ss 5 sjmsswjs 

pro-reform parlies. 

Treasury Secretary Uoyd Bentsen said that 
Mr. Clinton “assured President Yeltsinof the 
strong support the West has for the reforms 
that are bang made, and we do not want this 
momentum to slow." 

“President Clinton promised that as long as 
Russia keeps reforming, well work with the O- 
7, with the IMF and the World Bank to get that 
support as rapidly to them as possible, Mr. 
Bentsen added. 

The basic American argument is that Russia 
has to get its inflation, now ru nning atabou 1 1 2 
percent a month, under control. Otherwise 
there will be social turmoil and no new uivest- 
menL 

The only way to do that is by cutting subsi- 
dies to huge state-owned industries that pro- 
duce products — from tanks to coal — that 

See REFORMS, Page 5 


By Alan Friedman 

tniemononul HeruU Tnbune 

The flighi of capital from Russia has 
escalated in recent weeks to more than 5i 
billion a month. Western commercial 
bankers, economists and business execu- 
tives who do business with Moscow say. 

The trend is complicating economic re- 
form efforts that are among the top rob- 
jed5 of discussion at the Clin ton- Yeltsin 
summit meeting. . . , 

The Russian capital outflow is being 
compared by these sources to the financial 
hemorrhage that afflicted Latin American 
governments at the height of the eariy 
1980s sovereign debt crisis. In Russia, the 
outflow is being aggravated by sellers ol 
such Russian commodities as aluminum 
and nickel. 

Western industry executives say many 
of the metal exportos are keeping as much 
as half of their hard currency income out- 
side of Russia, with a steady flow of tne 
money finding its way into bank accounts 
in Switzerland, the Channel Islands and 
the United Slates. . . . 

The high level of both legitimate and 
smuggled Russian metal sales, which have 
grown sharply in the last three yeara has 
also depressed world market prices. Trade 
officials from Russia, the United States 
and the European Union will discuss the 
problem of Russian aluminum exports at a 
special meeting in Brussels Tuesday. The 
aluminum issue is also on the Clinton- 

Yeltsin meeting agenda. , 

Exact figures for capital flight are hard 
to come by. but Keith Savard. senior econ- 
omist at the Washington-basea Institute 
of International Finance, said that after a 
lull in outflows last summer, when Rus- 
sia's reform policies seemed to be slowing 
inflation and stabilizing the ruble, the pace 
has picked up again- Mr. Savmdes^tcd 
the total capital flight since 1990 at $30 

k^Harald Malmgren, a former U-S- trade 
official who works dosely with Russian 
businesses, said the monthly outflow 
might now be as high as S2 billion a 
month. He said the capital flight was bang 
driven by both political uncertainty and 
by fear that keeping dollars in Russian 
banks exposed depositors to extortion 
threats from criminal organizations that 
have penetrated several banks. . 

Mr. Malmgren and others interviewed 
said the capital flight had accelerated after 
the battle at the Russian parliament m 
October and the electoral success in De- 
cember of Vladimir V. Zhirinovsky, the 

See FLIGHT, Page 13 


president ofthe MJwjj- 
tme on the Worid Economy, said an eamonne 
recovray would bardy improve the Gemmn 

to^I W ^S^ 

a member of Gc nnan/s 
Council of Economic Advisers, piediwed un- 
. iwmtoy mmt would continue to plague Germa- 
ny ter five more years. 1 • 

• Rudiger Dombusch, who teadies econom- 
ics at the Massachusetts Institute of Tec fanoJr 

iw Gemany^was *5nst at of its 

'decline." . 

Germany . iadowiy reasserting control over 

See GERMANY, Page S 


Zhirinovs] 


By Serge Schinernaiiii - 

Aw York Times Service 

MOSCOW — The upper chamber^ Rus- 
sia’s new parEament elected one of Presdart 
Boris N. Yeltsin’s dose Bentenants as its chair- 
man on Thursday, while the kwer bou« rang 
y gmn 


vasang by Oleg Soskoveis. a deputy prime 

^MrShumdko— 48, the former managa of a 
slate electronics company in Krasnoymkand 
a defector from the former Congress or People s 
Deputies, weffl-spoken and photogenic is 
frequentiy mentioned as someone with prea- 
. ..!.t ,_^si Cm.), mMiiatioD is oertam to 


«n strolling through the Kremlin ot visiting the 
^J^CMhXxwtri^h. Mr.ClmtoD pad 
little public heed to the new 
to urge deputies who attended an 
reception & “there^was tots of room for 

h*$ N. Yeltsin’s dose Bentenants as its chair- difference of opinion/' - frequentiy mentioned as someone w 

an on Thursday, whfle the kwerbousc rang the upper dStial potential. .Such speculation is 

win to Vladimir V. Zhumovdcys antics. cilihe ™ depuues wto jr^ent R^as ^ enhanced by his elecuon. 

7^ nestings of the twchambers.Mpflialed g osdloen t regmstolly More immediately. Mr. amneikc.- 5 ^on 

bv^aSamneters, were played out agamM Siumeflro, a Drat ^depury pium: Ydtsin a potonuafiy vahiaW- buffer 


More immediately. Mr. aumeiKo s se^roon 
gives Mr. Ydtsin a potency vahwbk buffa 
against the lower house, the Duma. The upper 
house has the authority to turn legislation bacx 
to the Duma, which must then muster a two- 
i hn-ds vote to enact die law unilaterally. 


In his initial comments, Mr. Shmneiko spoke 
of the necessity at this stage of a_ strong presi- 
dent. For now, be said, presidential power ^was 
“the only opportunity to preserve a single Kus- 

^uch a buffer might well prove ureful .if the 
Duma’s first two sittings are any indl “ n °?. 

The session on Thursday was marked by 
complex wrangling over procedures and over 
the election of a chairman, and at the end anli- 
Y el ism forces had made concrete gains. 

As on the first day, the sesaon 
by a hysterical outburst from EhrtMwsky, 
the head of the Liberal Democratic Party, who 
See RUSSIA, Page 5 




2 PolmcalPri^MrsEi^inra’S 

^oSSS^Sgroiips s»d Ttosr The rdeaste of tire wo nen aDoearedto 
. ... - 1ft Ttsoond to UJi. 


l ?Tie litteniMkinri 
and the 



.... r ..''.■■iiii i i' 

» ^^ <wosal - aGnmm - 

Muttf edhoc3& ■ .. ^ 



« • • .i. 

tes daiuM riTtora day to ; Books 



U.S. Investors Burst 4 sum Stock Bubble 

_ __ -r tnimifl. Merrill Lynch’s international strate* 


WF5 


By Lawrence Malkin. 

International Herald Tribute 
NEW YORK —American invested are pull- 

in ? thdr money out of the ovetheaied stock 
markets of Southeast Asia, helping burst the 
bub We that they themselves created in a head- 
long drive to diversify abroad. 

As markets tumbled in Hong Kon&Malay- 
sia, Thailand and Sngapore cm Thursday, m- 
vestors, advisers, brotos, and analysts agreed 
that they had reached their highs for the tune 
bdng and that Southeast Asia was bang dam 
out in tins year’s annual re s hufflin g of mvest- 
meni portfolios, no matter how opranisne may 
be the long-tom outlook for the area. 


The Asia/ Pacific component of the Interna- 
tiomti Herald Tribune Worid Slock Index tum- 
bled 0.81 percent, to 116.47. 

But specialisis disagreed on whae 
ia ittrrupriexi — Japan, other emergm£ 
taSTte Unilrf Stales. 

may be lhat Amencaas 

SSTii diversify their mvesttoears » 

all these places. 

S^-tJSftWS 

States. 


Merrill Lynch’s international strategist, 
Thomas R. Robinson, advised clients Wednes- 
day to shifL their emphasis to Lam America 
and Europe because of short-term volatility m 
Southeast Asia, and Asian fund managers to 
eh if i io Japan. This was short-term advice, Mf. 
Robinson said, because "we are long-term posi- 
tive" in Southeast Asia. . . 

Eric Kobren, who runs a 
FideBty lnvestmenis, the largest U5. mutu^ 
fund house, advised readers w JJJL® 
Southeast Asia about a month ago i and orooro 
come back home and bet on the 
economy or to try profiting from dedmes in 

See INVEST, Page 12 



Source: Bloomberg 


IHT 


Mewsst tmd Ffic^ — ... 

,tiltes.....lU0FF gJJJ^l A oeT«eil| 
imerowt-TOOU^ R^5dn....Tl-aD FJP 
gypt . — e ' p ^2? saudi An*ta-94JIL 

rcnce- 9 -°®f f Senegal-^S^ 

nbon.^M.^OCFA Spain a— PTAS 

reece .~JOODr. TmtiSio 

mn COOS*. JWCFA TotTcey .-T-t-TaWO 
_ -I Jtx U^LE-.»-8-S0 Drill 
tj.s. Mil. (Eur.lll.lO 



Down, m 
0.83% P 

1 10-97 J 

arft-sxsctose 

DM. • 

.1.7513 - 

1.7330 

•■pound'" 

. ? :i /m ■ 

1J5035 

v^, - nLS5 

.— - • 

19385 

5^80 



■SSSssSSS 'Copycat’ Carried Out Soccer Stabbing 

Ihe SmltMIt prosecutor said. “SI 

diajges of conspiracy to commil as&dlL Sepa- 
rate assault charges are Kkdy to be.fitod m 
Ddreat, where the attack occurred Jan. 6, w 

SSSSSSSEra 


said. “She 

Hamburg SV 


alleged plot. 

Tfemport aid were atoramdte 

Miss Harding’s former husband, Jen GulOOty, 
Mr Edkardt, and Derek Smith of Phoenix, 
Arizona, and Shane Surndi, a Portland man 
who the station said came to Boston a few 
weeks ago to stalk Miss Kemgan before carry- 
ing out the attack in Detroit. 


IOC imm iguL mg uui un« iuuiv* - — 

ictim, Oliver Moller, a Hamburg SV Details of the alleged plot began to unfold 
did so because ^ sUir defender, was apparently picked Wednesday with reports that Mr. Eckardl had 

SKATER. Paee 17 ‘ 

“iVc a tvmical copycat at- 





INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14,1994 


Italy Leader 
Resigns, 
Paving Way 
For Vote 


By Alan Cowell 

New York Times Service 

ROME — After eight months of 
overseeing one of the most turbu- 
lent eras of postwar Italian history, 
Prime Minister Carlo Azeglio 
Ciampi resigned on Thursday, 
opening the way for early ejections 
to purge the country's disgraced 
political elite. 

Mr. Ciampi, 73, a former Central 
Bank governor, handed his resigna- 
tion to President Oscar Luigi Seal- 
faro after a final, rowdy debate in 
the parliament — the last, formal 
bastion of a political order that 
I talians have repeatedly repudiated 
because of its corruption. His gov- 
ernment was Italy's 52d since 
World War IL 

The development marked a turn- 
ing point in Italy’s tortuous ad- 
vance toward political renewal and 
the installation of a new political 
class to replace the Christian Dem- 
ocrat-dominated inner circle that 
ran the land for four decades. 

It is now possible for President 
Scalfaro to dissolve the legislature. 
Constitutionally, new elections 
may then be held after 70 days, 
offering Italians tbeir first chance 
to change their rulers since Eu- 
rope’s biggest corruption scandal 
began decimating the political old 
guard almost two years agp. 

Since then, more than 3,000 poli- 
ticians and businessmen have been 


colleagues desperate for time to re- 
group, it remained uncertain when 
he would act. 


The corruption scandal has driv- 
en Italians in the hundreds of thou- 
sands away from the Christian 
Democrats and their allies since 
the last national vote in April 1 992 
gave them the narrow edge they 
still bold in parliament. 

Since then, erstwhile political 
outsiders — the former Communist 
Democratic Party of the Left, the 
insurgent Northern League and 
even the neofasdst Italian Social 
Movement — have surged to the 
fore in local votes, leaving Italy 
with a parliament so far removed 
from popular sentiment that many 
Italians call it illegitimate. 

New elections would, in all prob- 
ability, result in a straight show- 
down between left and right, and as 
many as two- thirds of the 900-plus 
legislators could lose their parlia- 
mentary seats, and thus their im- 
munity from prosecution. 

The earliest an election could be 
held is March 20 but, for technical 
reasons, a delay of just a few days 
by President Scalfaro in announc- 
ing the ballot could put the vote 
back to April 10. Some Christian 
Democrats want it pot off until 
June while the party tries to remold 
its image, change its name and fight 
for a comeback. 

Reform- minded groups like the 
former Communists and the 
Northern League say they favor an 
early vote. 

“I cannot but take note erf the 
profound division in parliament, " 
Mr. Ciampi told legislators on 
Thursday, arguing that their differ- 
ences raised “a question ova the 
conditions indispensable for fur- 
ther productive work by parlia- 
ment. h 



Serbs Seek 
To Cut Off 
Northern 


Y. 


U S. Expands Women 

WASHINGTON (AP) ^-PefeneSca 
to he lp open iq>m^grca md-c<mm ». 
expanding opportnniQcs for wosnetf in 1 
Smart.” ‘ V ' v 


■j^LesAspin moved Hons* . 
sfor female sokfiers, saying > 
notary “is right, and it's / 

/> • 1 . 


New York Turn Service ' . 
SARAJEVO, Bosma-Hazegovi- 
aa — United Naticais offiriaH tmri ; 


from saving in manj 
had baned women & 

. 'that & combat units. 


sdtiiat dm “ndt ndePthat had waded [women 
combat jobs wotzldT* - lifted as of Oct l.Thc tnk 


Vances inorsday on twtHlBy oteFgEy. 

tralBosman battie fronts fiat .q phnne o, wQmm wmno tgcr 

W** S' 000 * 

situation direetphys 

Radio Serbia asserted that Boh. -: ■ 

nign Satrim forces had, after ■ • . 

Aimy fines irear ttatbwh afOksm ry.WASHlNQTON- ffiE^ r- , 
and threatmedtoc^aT^^^ed-CTda ^govenuDeal^^^« 
to supply toe sorai^'aty of puKBcV mlaest^ 

Tnria. 

Bosnian mPitwi y -n ^fiewiL^ how- The nor req uirem ent isrirea 

ever, denied the radio report frorit government docitta entt an^m 
Ohovo, sad United Natraasgo|B- data that were amg ^^ 
rials in Sarajevo could aouxpuspn- officiate and indepcmdaira^ 




tftnew; 


nfta*st<itt J 


Lracrocc. 


The new reqtrixcmortiSjM 

government docitti entt aa^g 

data that woe qnne ffiggggj 

officiate and indc^erimaflfw 
* 


mof > 
loose ; 


rfi* fist place. 


AnodohUAiaalWrAwc 

Muslim refugees bom Bosnia watching Thursday as food from Islamic aid groups was dbfafl w te d at a shelter near Zagreb, Croatia. 


Behind a Nameless Sarajevo Death , a Life 


implicated in a scandal involving 
bribes for government contracts 


bribes for government contracts 
and a system whereby, in essence, 
politicians looted the vast state sec- 
tor of the economy to finance 
themselves and their parties. 

The big question after Mr. Ciam- 
pj's resignation was when and how 
-Mr. Scalfaro, himself a veteran 
Christian Democrat, would react to 
iL A presidential statement said be 
“reserved his derision” on his re- 
sponse. 

Many Italian analysts bad fore- 
cast that the Italian president, 
whose largely ceremonial role now 
wgimw; much greater importance, 
would quickly dissolve parliament, 
announce an election date and pos- 
sibty name Mr. G'ampi as an inter- 
im prime minister to nxn the coun- 
try until the vote. 

But with Mr. Scalfaro himself 
faring accusations, which he has 
denied, of wrongdoing during an 
earlier spell as interior minister, 
and with his Christian Democratic 


Bv Chuck Sudetic Sobs will bombard civilian targets and kill 

New York Tima Service “J*. , 

a knefr-lenglh^y com and black rubber boots. ^ ^ 

She was Tuesday’s representative : image of fj, e ^ ^ ^ pajk ripped into 


She was Tuesday’s representative image of 
the thousands of settle who have fallen victim 
in rhf shriting of Sarajevo by Serbian national- 
ist forces dug in on the mo untains around the 
city, unthreatened by any weapons the Bosnian 
Army has at its disposal. 

The dead woman was Ljeposava Pajic, 66 , a 
-widow, a grandmother, a re tired cafeteria work- 
er, a Serb who chose to stay in ha three-room 
apartment despite the 21 -month siege of the 
Bosnian capital. 

On Wednesday, grieving (datives, friends 
and neighbors reflected on the absurdity of 
Mrs. Pajk’s death and whether the Bosnian 
Army’s efforts to break, the Serbian hold on this 
city should go on, even against the odds and 
even when it is dear that with each attempt the 


biaa, half-Croatian nephew, Slavko Pajic, 
sipped coffee with friends and nrighborsin ha 
second-floor apartment and took calls from 
relatives. 

"The stupid thmg here is that it has come to 
an ethnic war,” he said, «fp 1 amrng that erf his 
dead aunt's two sons — both Serbs, both Bosni- 
an Army soldiers — one is married to a Croat 
and the other to a Muslim, while ha two 


the sidewalk at about 1 1 AJVL while she was 
wanting to a nearby Red Cross office with a 
message for ber granddaughter, 3 8 , on the Ser- 
bian aide of the siege line, relatives said. 

The shrapnd tore away the front half of Mis. 
Panic's bead, trilling ha immediately. The mes- 
sage was still in her pocket. 

“Thank God that yon are all alive and wdl, 
and that we’re all alive and well,” she wrote, 
asking her granddaughter to send boxes of 
powdered ndk and a ptetare erf her grandson’s 
wedding in a package through the Serbian Or- 
thodox Church's aid organization. “It would 
make grandma happier than anything rise to 
see you at least in a picture. 

Chi Wednesday, the dead woman’s half-Sa- 


UN officials, meanwhile,- con- 
firmed that Muslim nahtary forces 
in central Bosnia, had derated a 
severe setback to tteCrattito mili- 
tia, practically cutting in half; a 
Goatian-hdd pocket aroonri the 
towns of Vitro and Bnsovaro. 

“The Bosnian Army has suc- 
ceeded in reaching the Lasva Val- 
ley road,” said Ucmeoanl Colonel ‘ 
Bui Aikman, spokesman for fie 
United Nations snStaiy force m 
Bosnia, referring to the Muslims’ 
capture of the main supply rode 
running between Vitez and Buso- 
vaca. “in some locations it had 
small units across the road.” 

Colonel Aikman said the Bosni- 
ans captured die. road «*■*• fhe-vit- 
lage cf Santid aha three days of 
fierce firofights. He said the battle 
line now intosected tta road in two 
places with a Bosnian redoubt ex- 
tending across ft from tbe north. 

Sarajevo radio said Thursday 

that ’Bran«-*w» Army trai ts qq thr 




Fossil 


[ Wnn tqn 


wfiat rihdd be an, ancestor of modem 
xdoo kud and hnnted in the sea about 


The stiuctafa o^booes teg«s*®e ere 

animal had pb^rifol i 

Northeastern Ohio UmVocnfie Cdffi^cC ! 
their discovery is peddled m.Foday^s wroe 


a mg^ffieggatme, (fiscraxed in an 
lynd Ske a pasenf- 

oox in the water, tfe 
tio&a&b awiimnef. Jfc. 




daughter s are married to Serbs. that Bosnian Army units on the 

■'Look at bow we are mixed,” he said. “I highway had repulsed six counter- 
stayed here because Tm not a nationalist and 90 attacks by the Croatian fences and 
percent of my friend* are Mnriims.” asserted *h»* the c ap t are of the 

“Each side hoe should admi t its mistakes road portends the complete defeat 
and guilt and end this right now,” Mr. Pajic of the Croatian militia m the area, 
said. “The world community could have Colonel Aikman described die 


asserted that the c ap t ure erf the 


said. “The world community could have Colonel Aikman described die 
stopped this if they had acted immediately. VUez-Busovaca pocket as an 
Now it is aD ova. It has become a matter of “hourglass” being pressed at the 
revenge.” northern and southon rides of its 

“The shells don't adt, “Who is a Serb? Who is narrowes t part. The pocket was be- 
a Croat? Who is a Muslim?' ” said Halil Pro- ing defended by some of the most 
Trail one of Mr. Pajic’s Muslim foods. “The Jcnnidabfe farces in the Croatian 
Serbs with the guns aren't thinking with their ntiHtia, jnrinding units responsible 
own headi All of tbentifitaiy activity in Saraje- for a massaae of MnsBms in the 
vo should be stopped.” nearby village of Ahmki last April 


nort hern and southern rides of its 
narrowest part. The pocket was be- 
ing defended by some of the most 


SAN CRKrOBAlrD£XAS CA&\S, S&xtoJAP) — 
mart’s peace envoy cofl^fcreri a 1 

matatrv uttering [ 

rebd tfemands fear talks • . . * 

The enVOT.MannejlCamaiioSotis, also said he had received messages - 
“from various parts comftry^thaf mi^rt he an opemng to ! 

usotiations. He did sot thuxme,md it waanot dear ff he had hood i 
£rectiy ftcan rebd kadas or from parties that synqradnzed with die 1 
ribds, 

• Preriderit Ckdor&finu de Gortariaimoanceda^nHataal cease-fire* 

chi rebels an^tSri strbnghrilds orfy^f itnackcri 1 first. He also oftcredi>fo j 
pardon the gcferriBas ft rifcy ifisarfticd BHtjfeere yvas, no sign otjbe I 
government meeting sxehd demand that die 14,000^bl£ers m Chsqias J 
be withdrawn. - i 


A' 

rjt 





SCHWERIN, GeriMy — Gennan prosecutora closed an 

mvestigatKm on Ifensday mto &e death of a suspected lrftist gaariHa i 

rWino a tWira araVir^ ir, Ttra^, wf^fri^rhu^ray that h«> had cnmmrttBri 1 


Major’s New Ache: Report on Vote Manipulation 


By Richard W. Stevenson 

New York Tima Service 

LONDON — To Britain’s Conservative 
government, wracked by internal dissen- 
sion and searching for a fresh approach 
after more than 14 years .in power, the 
adoption several months agp of a “back to 
basics” strategy emphasizing family val- 
ues, law and order and a commitment to 
education seemed just the ticket. 

But now even that strategy, initially 
viewed as as a politically safe anodyne to 


In a second case; the wife of another 
minister, Lord Caithness, was found dead 
last week on the eve of her 19th wedding 
anniversary, an apparent suicide. Lady 
D iana Caithness had b een dist raugh t, her 


parents said in newspaper interviews, be- 
cause her husband nad been having an 
affair. Lord Caithness resigned his post as 
minister for shipping following 2 ns wife's 
death. 

Mr. Major’s problems spread Thursday 
when an official investigation into the 


of criticism from the opposition parties, 
Mr. Major has sought 'to- decouple- his 
“back to basics” strategy, the centerpiece 
of his government’s domestic policy, from 
questions of personal morality, saying his 
gm phask is on issues such as improving 
schools. 

One of his ministers, Alastair Bart, was 
heckled and booed when he spoke Thurs- 


day in London at a conference on family 
values. The Mowing speaker was Sara 


the squabbling within the party and the ma n age mort of Che country’ s most pnxui- 
gove mmenf s dismal standing in public t^nt local government, the Tory-c on- 
opinion polls, has blown up In Prime Min* troOed council in London s Westminster 


islet John Major's face. 

Having warned in speeches of the perils 
to society of a loss of moral values and the 
rising number of angle mothers, Mr. Ma- 
jor and other party leaders have been em- 
barrassed by disclosures over the past few 
weeks about the sex lives of a number of 
their prominent fellow Tories. 

In the most publicized case, a mid-rank- 
ing minister in the Environment Depart- 
ment, Tun Yeo, who had been among 
those preaching traditional family values, 
was forced to resign after admitting that 
he had fathered a child last year ur an 
extramarital affair. 


trolled council in London's Westminster 
district, concluded that officials had ma- 
nipulated the sale of government-owned 
housing in 1990 in an attempt bring more 
Conservative Party voters into wands 
where electoral strength hung in the bal- 
ance. The officials, who include one cur- 
rent Conservative member of Parliament, 
Barry Legg, denied any wrongdoing. 

The investigation, said Jack Straw, a 
high Labor Party official, “riiows that die 
Toy party is rotten and amoral to the 
core.” Mr. Straw added, “They have aban- 
doned baric principles of public moral- 
ity ” 

Faced with an almost gleeful onslaught 


values. The Mowing speaker was Sara 
Keays, whose extramarital affair with Cec- 
il Parkinson, a prominent Tory, led to a 
child and his resignation from the govern- 
ment in 1983. 

“What is intolerable is to be lectured by 
political leaders on how we should live,” 
Miss Keays said, when they themselves 
“are living a lie;” 

In political terms, Mr. Major is dearly 
heading into a critical period. Even within 
his own party, he is increasingly nutter 
attack for failing to articulate where he 
wants to lead the party and die country. 
His only major initiative mart from “back 
to tastes” has been a high-risk effort to 
seek peace negotiations over Northern Ire- 
land. So far that effort has yielded little 
progress in die face of continued violence 
by the Irish Republican Army. 


Despite slow bto steady improvement in 
- die econo m y — unemployment figures re-_ 
teased on Wednesday showed that jobless- 
ness d ipped to 9.8 percent in Decemba, 
the first time it had oeen below 10 pacent 
in. 18 months — the government's poll 
ratings have phmunetedtb onrihondy low 
levels. The most recent poll, published 
Wednesday by The Guardian, showed 50 
percent of respondents saying they would 
vote for the opposition Labor Party in a 
general election, with the Conservatives at 
26 percent and the Liberal Democrats at 
20 percent. 

• Advbos to Mr. Major had expressed 
optimism late last year that 1994 would 
allow the prime minister to regai n ins 
authority within the pkrty, winch was 


hftcrini^e^orts fitifi hrfgpaai^SwaS fartna: saenfc tem i d^oto j 

inlheheadasp^cewaelffififi^^^^lfii^^^^a'dtoot-outinatrahi ! 
station in the town orf-Bad Bcrnem ^ ' ■ [ 

The chief state prosecutor, Gent Schwarz; said at a news conference , 


tfae pofice; ^' : _ 


- ‘i -- 1 '' *• : 


his call to approve the Treaty ah European 
Union. Mr. Major won that fight, but only 
bandy. He does not have to roll a general 
election imtfi 1997. 

Bat political analysts are again ques- 
tioning wbetha Mr. Major would be aide 
to survive a poor showing by the party in 
elections this June far the European Par- 
liament. They are pointing to Kenneth 
Clarke, the chancellor of the cxcfaeqna, as 
his most Hkdy successor. 


LONDON (AF) -^Stefca & competing with tile Chan- ■ 

nd Ttmnd Tbr inffiShs of route between Dover, j 

England, and Calais, France, lumorniced Thursday that a McDonald’s ; 
restaurant would be Seniqg falit food an tine of its ferries, tile Stent j 
F antasia, hyflie end oftfcmonth. . * r 
•This is asotha mnhd beata, jpgrikda^Jar/antiBes,’' said Gareth ; 
Cooper, Steua Seahnk’s managfog directoL^ThcyTl never, be abtetobay-.' 
aBigM^OTaChanndTBind;trai%”3hetimn«^ ! 

passenger traffic, is flftdmig a ^nckercroriajig of the English Channel, <■ 
altiwi^peodem liSu^tiwncarairinh^tost^aro^tiirircan j 
during tile 35-mrnntti crossing. .••• 

USAir rafts uore tatoi sending people to their final destination. [ 
Fhnerai directors who are booking flights far bodies and moamers can ; 
call a special line, intended to make reservations easier. And for every 30-' 
corpses shipped an UBAir, the funeral director gets a free roond-ttigr, 
ticket for domestic navel . _ (AF}' 


maw auw o*a | fysjpm* chmu^UUI twuw, 

foreign tourists at Mamte's nteknritiri airport in contrivance wit: 


airport polk*, officials sod Thursday. 


French Education Bill Is Annulled 


Compiled by Our Staff From Dispatches 
PARIS — France’s constitution- 
al court annulled an education bill 
on Thursday that had lifted restric- 
tions on spending by local authori- 
ties on private schools. 


tee equality of treatment among 
private schools. 

The new legislation had granted 


The Socialist Party leader, Mi-‘ 
chel Rocard, called the ruling a 
“victory” while Prime Minister 


Delay by Wen Johan Holst, Norwegian Aide, Dies 

Dismays Danes „ - ” • 

* Gwiwmm fy Oar Staff From Dispatches Mr.Hofat, a forma defense min- ed to the future that this historic 


unlimited use of public funds to the Bafladur said, “No reaction.” 


STOCKHOLM — Sweden on 
Thursday agon delayed its final 


Complied by Oar Staff FrrmDtspetdxst Mr. Hotel, a forma defense nrin- ed tothe future that th 

OSLO — Foreign Minister Jo- istcr, won international aedann for agreanent resulted in.” 
han Jorgpn Holst Norway, who Jris rote m shqilienfingilsradi and Fosdga hfimste amonnPtiiaj 


rountiys private, mainly Roman The ruling came as teachers’ deciatm onTproposed bridge be- ^bowera Island the Pales- 
Catholic, schools. Prime Minister umons and parents associations as ^ ^iwiinC viqTn ^CT Ptroental ^ DTwraticHi Oiganizatton and 


he^ied bring abonf the peace agree- Patestitmnnegotiatwns toward the of brad ex pressed “dcep shock at j 


In its ruling, the independent 
nine-member panel struck down 
the law, saying it faded to guaran- 


E^B^tadcontennda well as left-wing parties and orga- SSaZmS OmuZ ^ 
fie from both leftand nght afta mzations planned a widespread ^Sroore environmental checks stroic *** 
the education bill was rushed demoostraiion against the new leg- vvereneeded. Mr HrJ 


Israel last year, has dted after a 
stroke. He was 56 yean old. 


peace agreement 
The two sides signed the accord 
for limited sdf-nde inlhc West 
Bank and Gaza.Strqi in Waodrisg- 


through die Senate last month in islation next Sunday. 

■k. j ji. _r .:>La t*. « « a- 


Mr. Holst had beai hospitalized ton on Sept, tt. ahboogh an 


the middle of die night. Franqois Mitterrand, the Social- ineaaay was called "deeply ; re- 

nte bill allowed municipalities ist president, waded into the coo- gtyttabte" by Denmark’s prime 
to finance all investments of pri- troversy on Thursday, attacking °* Ltus t ?» w “° added that tire two 
vote schools, abrogating an 1850 Mr. Bafladur for his “unfortunate ootmtnes had already agreed (hat 
law that strictly limited govern- initiative” and cheering the left on I^cct must have no intact on 
meat aid to the private sector. ahead of Sunday's demonstration. s “ a ^ ow wstes of the sound. 

But the court discounted other The education lull has ted to tire Denmark and Sweden asreed in 


The delay was called “deeply re- 
grettable" by Denmark’s prime 


JSovuTd *Ba 7i 

Esl 191 J . PARS 

THE OLDEST COCKTAIL BAR IN EUROPE r 
’ Just tell the taxi driver, “Sank too doe noo " ai 
PARIS: 5, rue Daunou 
BERLIN : Grand Hotel Esplanade 
HAMEOLfRG: Bfeidwrtwf 


far November for exhanstkm, afta withdrawal has bcen ddiyed by. Johan Hcbk^resaidm Jerosaloot i 


the untimely and unexpected 

the accord 

r' ifie West bdieve tiiat -the Ddo agrees 

l Washing- men! would not have beat made.- 
kanloadi without the great ctmtribution 

1 » Um»> U/Jm l_ r 


meat aid to the private sector. 

But the court discounted other 


Socialist Party objections on proce- first serious dash between Mr. Mil- 
dure. The Socialists had claimed {errand and Mr. RaHart»r since 
that the rights of parliament had they began sharing power last 


tire shallow waters of the sound. 

Denmark and Sweden agreed in 
1991 to btrild the 16-kilometer (10- 


terrand and Mr. Bafladur since mile) road and rail brid ge and 
they began sharing power last work was to have begun on Jan. l. 


hectic mouths of travel and work disputes 
during the negotiations, winch and the: 
woe held secretly in Norway. He • Mr. B 
was hospitalized again Dec. 16 af- German 
ter juffering a stroke that affected 1994 Nd 
his ability to walk and t^k-Norwe- "No* 
gian national radio reported ktawfai 
Wednesday that Mr. Holst tad suf- spectedi 
fared a second stroke during the 2 sohad 
night- sfthman 


been riolated when the Wfl was March after the right won an ova- The project was due to be finished . He had been foreign minister less ista Gro I^m^undtimd 
humedly adopted on Dec. 15. whelming victory. (Reuters, AFP> in the year 2000. * ^ vnu nmoi iwnnananfl said. 


than 10 months. 


disKites ova the cantxtrf of borders ' Norw^ians were surprised when 'y, 
and the security of adtaeS. - Mr. Holst was named fora»i mift- Kf> 

' Wk- Hobt was nominated by a ister in. April. 1993. He was no* *. J. ‘ ■ 
German politkian this week far the known for his political savvy, and 1 ., \ 
1994 Nobel Peace Prize. many doubted his taknts would K ^ 

“Norway has lost a foreign min- measure 19 to those of Ttaryakf & 
ister who not anfy was highly re- Stoltenber^liiapiedkwssor. ■ 

toected in our homeland but who Mr. Holst and & tightly kail ne*** - 

also had aatxougintanaiiQndpo-- gntiatma team, mdnding his 
ntion arKlreputtojon,” Prime hfin- ond wife, Marianne Halwg, ? 
isto Gro Hadem Brtmdtiand said, the secret IsradS-Pak»timan'a^o- ^ 

“His narrre wBf always be comuct- tiatk»s. (AP, RadenJ^^ 


spected in our homdand wit who 
also had astxrng mtonaiicaidpo-' 
rition and reputation.” Prime Mto- 


“Hjs name w3f always be 1 



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tote tf^ends on as anen n Menco ■Serws«ekreie ana Mod testin asum Cermay © MO Menudbral lit. S95 
mcl o togtandaflccigMQpffxXicB ana ssnioa wumow w newi are p roprtfa^wwterfliiaC oirere i a jl jS UCerpwaaB^.*^. . .y ~\; . 




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Jcctoj Robcra/A®!" FoactPnw 

against 


POUT] CAL MOTES 


Ihquirt— Propped to 

NEW YORK — Federal and smeproscrotoni 
have dropped their tiro 1 **®* inyadganons^o 
charges that the- campaign of Gai»toi»^ 
Chrsdne Todd Whitman of Ney Jersey, a&qmfr 

■■ ' «:d U.A’iJamnian^ TVninmllC V0D03S to 


lkam, paid blade clergy and 
s^rS^wwinl^oveHihertote DemooradC 

nV ?" report distributed by 
Newa^New Jersey, Michael Cherttf£»ud nrcs- 
tigalors.couW find im ewde^tpwrowrt . 
(sons by Edwar&J. ' 

primarily home to xmnpnty .*■? X>embaafic votr .. 


that be would not challenge the roaimbrait, Seaa- 
U» Charles S. Robb, for the Democratoc tpnma- 
• tioa. greatly changes die poGtical calculus in what 
. had beat expected to lie one of the nastiest Senate 
contests xn the country this year. 

. “At this stage in tny fife. I fed the need to take 

another direction and to seek challenge; in 'over 
areas," said Mr. Wilder, who had announced m 
"July dial, he would challenge Mr. Robb, his long- 
time political rival- ' 


SWBJSEKHSMS 

i^Thfr RolHns stud the campaign gave money to, 

SScfc trims** so 


in get-oul-die-voteacttyitBes. . (W) 

SIPR 

ar^Mqncait Wedhcsday by the gwera» , 

•••■•'*• • .''l- * * * . •'. • ■ " '.. - 

i- Away From P olitics 

ilk $5 nafien Earfwfcds haBoritook^ bom 

world. But seven hours, tansr it was on megromtt 
again; forced down by ad toiotjflainedm^mfi^ 

^SSSSM 5 SSS^^*; 


R opqtoflcan* Lone Some Ammo 

J ASHfi^ON —Only astiver of tax filers — 

Iftooi L2 percent— -wB Fact a Ingher income tax 

■ on Apm ISbecawe of die Omton adimnKnar 

lion’s economic progam, accord^ g to me U>n- | 

ncsaoral Budget Office in a study hkriy to damr 

age Republican plans to use the tax issue m the 

1994 ejec tions: . . 

In addition, those paying higher income taxes 
a«'"oeoriff in. the upper reaches of the income 
distribute Yotecs at this level of income tend 10 
’ beftejrabhean and do not need additional motm- 
Hon to vote Tot Republicans- I ^ 

Chiots/lltKluoth , -_ 

. Aitomey General Janet Reno, announcing she 
would name an independent counsel tonrvesUgate 
r President Cfintoa’s business deals when > hejras 

jmvOTKk of Arkansas: ^e mart ^ everyth^ we 

am to ensure public confidence m the investiga- 
tion and to separate fact from speodanon^as 
rapidly as possible." {Reuters) 


FBI Gathers 
Records on 
LandDeak 
In Ozarks 


By Michael J. Goodman t0 
and Douglas Frantz 

Lm A ngdes Tunes. Service at 

YELLVILLE, Arkansas — FBI ^ 
ppMits are sweeping up land re- 
cords that could provide anthon- 
ties with the first complete finan- r 
.cial portrait of a real estate a 
partnership between President Ml c 
Clinton, Hillary Rodham Clinton c 
and the owner of a failed savings “ 
and loan. 

County officials here said that 
FBI agents had taken copies of e 
deeds and other records of a project a 
of the Whitewater Development i 
Gm. the partnership at the center 
of the controversy. 1 

By reconstructing the sale of 44 
parcels of land in Wiritewata s j 
; 200-acre (80-hectare) development s 
here, the FBI could get the first . 
complete picture of how much j 
money flowed into and out of a , 
deal that the Clintons say cost them < 
nearly 569.000 m losses. 

The records will also augment a 
report on Whitewater prepared for 
the din ton campaign to rebut 
questions about the project tint 
were first raised during the 1992 
presidential race. Some experts 
contend that the report does not 
represent a dear financial picture 
of the venture’s profitability. 

Mr. din ion said this week that 
the matter had been thoroughly in- 
vestigated. But only in recent weeks 
has the FBI collected hundreds of 
documents from county offices in 
Arkansas and begun to compile the 
project’s finandal history. 

Officials in the Marion County 
dak’s and assessor’s offices said 
FBI agents had visited them several 
times recently, examining and 
copying documents. 

“They come in, flash, their 
badges and start going through re- 
cords," said Mary Jo Layton, the 
clerk of this rural county in the 
Ozark Mountains of northern Ar- 
kansas. “They are pulling all the 
d m** for Whitewater.” 

The preged was intended to cre- 
ate a resort community on the 
honks of the White River when it 
was started in 1978 by the Clintons 
and James B. McDougal, a Clinton 
po l i tical confidant who later ac- 
quired Madison Guaranty Savings 
& Loan. Another partner was Mr. 
McDougaTs wife Susan. 


Whitewater Backfired 


By Dan Balz 

H'cahiitgutn Poa Service 

WASHINGTON — Bill C Un- 
ion’s presidential campaign advis- 
ers prided themselves on rapid re- 
sponse and aggressive counter- 
attacks. As a Clinton political 
strategist, James Carville, puts it. 
when someone attacks the presi- 
dent, “I view it as my role not just 
to defend but to counterattack." 


Questions 


Bui when it came to allegations 
about Mr. Clinton’s investments in 
Whitewater Development Corp.. 
the strategy backfired. 

More Mr. Clinton and his wife. 
Hillary Rodham Clinton, finally 
agreed to what had become an in- 
evitable independent investigation 
oF the affair, the president’s advis- 


NEWS ANALYSIS 

ers mounted an aggressive counter- 
attack that only served^ to under- 
mine the adminis tration’s position. 

The president’s team only dug the 
fade deeper. 

In pan, that was because those 
advisers do not know all the facts 
surrounding the Clintons' partner- 
ship in the Whitewater firm or its 
jinks to Madison Guaranty Savings 
& Loan, the Arkansas thrift whose 
failure cost the taxpayers an esu- 
mated $47 million to $60 million. 

Clinton advisers who marched 
boldly onto television talk shows to 
defend the president and attack 
Republicans for staging what they | 
called a partisan attack on Mr. 
Clinton came up short when 
pressed for specific answers to the 
many tangled questions about the 
financial dealings in Arkansas real 
estate and the Clintons’ tax returns. 

This is not the first time that has 
happened. Two years ago. when 
Mr. Clinton was confronte d with 
questions about his draft record, 
his response was that he had done 
nothing wrong. His advisers 
mounted a fierce counterattack, 
but without knowing the full story, 
which took months to come oul 

This time, both Clintons have 
. used the same defense, and that 
was enough to put advisers into 

] campaign mode, as they like to call 

; n, and rush to the barricades. But 
' their defense this week crumbled in 
i the face of defections among Dem- 
’ ocratic senators, who saw this not 
as a campaign issue io be dealt 
I with, but as a legal matter that 
[ could affect confidence in the pres- 
idency. 

, One by one, beginning with Sen- 

. ator Daniel Patrick Moynihan of 
s New York, ihevjoined the caU for a 
. special counsel, wiping away White 
House arguments that the whole 


\Yh York Tmxi Service 

WASHINGTON — Nothing Ihai Is known 

publicly about the failed r^ esiare venlure of 
President Bill Clinton and his wife. Hillary, 
amounts to direct evidence that they 1 or anyone else 
in the administration have done anything improp- 
er But the Clintons' reluctance to make all their 
records public has allowed critics to charge that 

they must have something to hide. 

Here are some of the questions that cannot be 
laid to rest until the facts become public: 

• Favors: The Clintons received several political 
and financial favors from James B. McDougal, one 
of their business partners in the Whitewater Devel- 

°*The central unanswered question is whether Mr. 
Clinton, as governor of Arkansas, used his influ- 
ence to return the favors. . _ 

Critics suggest, for example, that Mr. McI J? u ' 
gaTs Madison Guaranty Savings & Itoan. which 
Sas regulated bv the state of Arkansas but covered 
bv federal deposit insurance, was allowed by state 
regulators to stay afloat for a longtime when its 
eventual failure was not in doubt. The longer Mr. 
McDougal was allowed to stay in business with 
Madison Guaranty, the more its failure was bound 
to cost the federal government. 

When the savings and loan eventually went 
under, the government had to pay about $60 mil- 
lion to reimburse depositors. 

• Documents: Some of Whitewater s business 
records seem to be missing. Mr. McDougal has 
said that, at Mrs. Clinton’s request, he sent all the 
records he had to the Governor’s Mansion m Little 
Rock in 1987. The Clintons said last year that they 
had no such records. 


Recalling that destruction of dotminen^^^ 
pivotal issue in the Watergate and Iran-contra 
inquiries, critics have suggested, without sutetmiu- 
ation. that perhaps incriminating Whitewater doc- 
uments were destroyed. 

• Taxes: The Gin tons assert, without providing 
documentation, that they lost S69.000 on the 
Whitewater investment They did not claim me 
loss on their personal income tax returns because 
Whiiewater was structured in such a way that only 
the company could take the loss. . 

The Clintons have acknowledged that m tw 
and 1985 they improperly took personal tax deduc- 
tions for interest payments of $2.81 1 and Sa 3*-* 
when the payments were actually made by the 
company. 

Some critics say they believe that other tax 
problems might arise from the Clintons personal 
financial records. For example, if more of the 
money they received from Mr. McDougal. f&e 
loan reimbursements, was construed as mcome, 
the Clintons might owe more taxes, and the statute 
of limitations might not apply. 

• Foster: Vincent W. Foster Jr. was a law part- 
ner of Mrs. Clinton's who was brought to Wash- 
ington to be deputy White House counsel and to 
handle the Clintons' personal financial matters, 
such as their tax returns and their personal finan- 
cial-disclosure statements. . , 

On the day last July when Mr. Foster committed 
suicide, a file on Whiiewater was removed from his 
office before federal mvestigaims could see iu 
D espite repealed questions, the White House did 
not acknowledge the existence of such a file until 
December. 


thing was a nasty ploy by Republi- 
cans to use diversionary issues to 
attack a president whose populari- 
ty was again on the rise. 

Now the president has asked At- 
torney General Janet Reno to ap- 
point an independent counsel to 
look into the matter. Ms. Rena w 
accepting the task late Wednesday, 
said she would choose someone 
“ruggedly independent" for the 
job. 

Mr. Clinton's advisers argue that 

m six months no one will remember 
the reversal on a special counsel or 

the delay in doing so. They also say 
that were it not for the recent death 
of Mr. Clinton's mother and his 
trip to Europe, the turnaround 
would have come sooner. 


Perhaps that is the case. But this 
is a While House enamored by the 
techniques that helped them win 
the presidency. The celebrated 
campaign “war room" of Arkansas, 
now the focus of a commercial 
campaign documentary, has ^ been 
recreated regularly in the White 
House, first Tor the budget fi|bL 
then for the North American Free 


Trade Agreement and now for 
health care. 

It is a technique that increasingly 
is being called into question by 
some Cun ton advisers and support- 
ers who say it has outlived Its use- 
fulness, that it fails to distinguish 
between campaigning and govern- 
ing. Some Clinton advisers say one 
flows from the other. 

But in this case the difference 
between real financial and legal 
questions and partisan politics — 
though both are involved in the 
Whitewater matter — was more 
clear to the president's Democratic 
allies in Congress than to the White 
House. 

That is why in the Whitewater 
case, the old methods did not serve 
the president well. Even some of 
1 Mr. Clinton’s most vigorous spin- 
J ners admit it. 


rAT/1’ 


Paul Begala. Mr. Carville’s part- 
ner and one of those who led the 
attacks against Republicans on 
television this past week, said, it 
you want to write that we probably 
hurt, 1 won’t call and complain. 


one ot the 

informal 

eating places at the 


PALACE HOTEL 
GSTAAD 
SWITZERLAND 

Please call: 

Phone 030. B 3t 31 | 

Telefax 030. A 33 44 

^JbeffeadinffHotels of thcWmidj 


Cheating Inqui ry 

Implicates 125 at 
Naval Academy 

New York Times Service 
WASHINGTON —A sweeping 
investigation into one of the largest 
cheating scandals ax the U.S. Naval 
Academy will implicate about 125 
midshipmen, or about 15 percent 
of this year’s graduating class, ac- 
cording to navy officials. 

The inquiry, by the naval inspec- 
tor general, \fice Admiral David M. 

Bennett, compiled files on students 
who have been identified as having 
advance knowledge about an engi- 
neering exam given in December 
1992. The students are in the class 
that will graduate from the acade- 

I nry in Annapolis, Maryland, tins 

^Some students merely received a I 

oromtr them to 


Give Ihc IlIT a., agilt 
and give yourself a gift as well. 


• A lawyer 


sexual molest 
advise the £ 
forcetnent • 


sxpecteda 
soon in a- 


stagetw* to. cooperate with law en- 


• The Sacramento Union newspaper, which called 

itsdf rihe XMdea Dafly In Tte 
an effort to survive: - 

»Th* UA drief justice, Wiffiam R RdmqpdSt, 
raJlJd at the last mmuie to 

-non Faulkner from beamnngtiK fi^rom^to 
■attoniTbe Citadel, an aH-malc military academy 
in Ctakflon, South 


UlCVlUUh JV*u a j . J J 

cleared or receive only reprimands. 
But in the most serious cases, in- 
volving the theft of a full copy of 
the test, midshipmen could face ex- 
pulsion and even c riminal charges. 

Admiral Bennett’s report, which 
will go to the secretary of the navy, 
John H. Dalton, as early as Friday, 
will also criticize the academy s 
earlier investigation into the sesm- 
. dal, which implicated 28 midshrp- 



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INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


U.S. Maps a Give-and-Take Strategy With China 


By Thomas W. Lippman 
and Peter Behr 

Washington Post Serttx 

WASHINGTON —-Concluding 

that Oitfm is far from s atisf ying 

United States demands for pro- 
gress on h uman rights and nonpro- 
hferadon issues, the Clinton ad- 
ministration has scheduled several 
sets of parallel negotiations in an 
attempt to prevent those problems 
from disrupting economic rela- 
tions. 


__ ren M. Christopher plans to : 

Beijing Resists Pressure on Human Rights SSKBSESSSHi 

v C7 C/ alwuit rt iiia Mnia tlu 


Hie administration is trying to 
balance its displeasure with China 
on human righ»< , trade and the sale 
of missiles wth its desire to encoar- 
age U.S. participation in the fast- 
growing Chinese economy. 

The administration's Hflminm is 
that there are many economic and 
international security reasons not 
to antagonize China by hitting it 
with trade restrictions over the hu- 
man-rights issue, but Resident BiQ 
Clinton has ordered that human 
rights be the deciding factor. 

A State Department spokes- 
woman, Christine Shelly, said this 
week that it was “very clear that 


Realm 

BEIJING —China on Thursday njeeted recent 
statements by American officials that Beijing had 
not improved human rights enough to retain its 
favorable trade status with the United States, say- 
ing that Beijing alone was qualified to judge its 
human-rights situation. 

“Those who care most about China’s human 
rights are the Chinese gewranment and the Chinese 
people themsdves," a Foreign Ministry spokesman. 


Wu fiamnm, said. “It is also the Chinese people 
themselves who have das most light to evaluate now 
human rights are in China, 1 ' he added. 

Mr. Wu repeated China's long-standing opposi- 
tion to the linkage of trade issues and human 
rights, which Beijing regards as an interference in 
its internal affairs. 

“Trade is, after all, trade.” he said. “We are 
categorically opposed to the linking of trade to 

anything irrelevant to trade.” 


rights issue. Secretary of Stale War- 
ren M. Christopher plans to meet 

Foreign Minister Qian Quhen later 

this month in Europe, officials said. 

At about the same rime; the un- 
dersecretary of state for imema- 
tional security affairs, Lynn Davis, 
will hold talks in Washington with 
Deputy Foreign Minister tin Hna- 
du about China's export of balKs- 
uc missile technology. . 

An agreement announced last 
week to authorize the export to 
Chirte^threeU^-madesatcllitcs 
for launching on Chinese rockets is 
conditional upon a “successful" 


much more needs to be done in 
order to meet the criteria” cm hu- 
man rights that Mr. Clinton has 
established for a further extension 
of China’s most-favored-nation 
trading status. 

Termination of that status, 


conclusion of Ms. Davis’s negotia- 

wOTaan raid that “a benchnark has The admun^emhas b«ntry- JSr^taJSSSSSSllSJ 
been laid down on the > human- mg to sta ve off a eras in rdatiom, 

^TSsSTS^ jSss 

ssB .*f^a;aaag 


»u auiwn. chough, as a senior Am erican offi- 

... _ . . Sale D qiaitnient offidals have cal pul it. “We h^digeraival- time *3g T ( JK25 

which allows Chinese goods into confirmed a New York Tunes re- ues m many respects and some- 
the United States under the same pon that said a draft of the depan- times our national interests do 
terms enjoyed by other friendly malt's annual human-rights report conflict. " 
countries, would subject Chinese criticized China for faiKne to make In an effort to impress on the 


countries, would subject Chinese criticized Chwa for f ailing to make In an effort 
products to heavy U-S. tariffs. significant progress so far in curb- Chinese the set 
The State Department spokes- mg abuses. ministration's i: 


jrt to impress on the 
seriousness of the ad- 


Tbe talks wi 


ministration’s intent on the human ^° d Ms. D avis are to be foDowed 

^ gepgjajg pohtzcal negotiations 



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NYC/On 5th Avenue 


DCAUV1LE, sea <m, unque property, 
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FreatooclmkW Kgh daa, 
second floor, 5 niMh crdbjp. 
Study, SvMijp diina SbedoMn, 
mnJi roam, J ca uf ortv 

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& «* * *- I ■ T_ m ■ ■ 

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Apartment. fuWred. wd aqv/fpod 3 


I PARIS AREA UNFURNISHED 


state for pohtical affairs, Peter Tar- ' 
noff, tbs State Department said. 

Treasury Saactaty Lloyd Bent- 
sen, meanwhile, is to visit Beijing 
next week. He plans to reconvene, 
the Joint Economic Committee of 

American nnrf Cfri'nfy p .w »f q| wtn^ 

officials to discuss trade coopera- 
tion. The committee has not met 
since the Chinese crackdown on 
pro-dcmocracy demonstrators m* 
1989. 

Under the terms of an executive 
order issued by Mr. Qinton last 
May, Mr. Christopher cannot rec- 
ommend renewal of China's most- 
favraedrnatXHX status unless he can 
certify thar China has mndr» “sig- 
nificant progress” on human rights, 
political freedom and humane 
treatment of prisoners. 

Stare Department officials have 
cited China’s offer to allow Red 
Qnss visits to prisoners as a sign of 
Beijing’s flexibility on human 
rights, but Ms. Shelly and other 
officials said the move was- not 
nearly enough to satisfy Mr. Clin- 
ton's requirements. 

State Depar tment offwaak es- 
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ments by 1 Stapleton Roy, the U.S. 
ambassador to Chlmi^ (Hat Beijing 
had made "dramatic'* progress in 
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Fearing Mr. Gin ton’s line in the 



Kabul Bombed, Border Is Blocked 


The Associated Pros their two main rivals. More than 

KABUL— A rebel warlord sent ^OOT peoptehaye been wonnded in 
jet fighters to pound government ttemhli^anditisestunatedlliat 
strongholds Thursday, and thou- 400 have ban killed, 
sands of people trying to escape the fighting, has sat tens of 

fi ghting found the traditional route thousands of cmhaus flaring Ka- 
to Pakistan blocked. buL United Nations officials said 

AbdidRasbid Dating a foimer 

g^ a onyynca J. smlh.s Sd ft* hSU Sg be- 
irplMM oarq«mdraid8 ovw Ummas bdaod. - - 


tan, avbkc root 3 booms, 5aD ^ would disrupt economic ties, 

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TAYLOR 


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|7fc UMVHtinF. bnrrioio, oxcop- 
bomL3 raoniam,4 badroana. 
tth, AVBNUEMQNTAIQNE, Mns 


DOUGLAS HUMAN 


1 bedroom. MI comforts. 

Mfc FOCH Mr, tun, 130 stun 
300 sqATofc (1) 47 20 Oik 


NYC/W. ifft -tlncrin Or Araa 7 Room 

PB4THOUSE WRAP YEWS 


MOROCCO 


n* gsus „f A# naarxMBM 


ROQUEBRUC 

Cap Marfa, 5 arira iroot MONACO 


PLACE DBVOSGB 

Very nice XVB ceetory n woi M ed 


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at 3^300 xpa. property. w o u faM 
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taied candtma. rool Gwn. 

Priafc FI2 Mfan (eOmited: Fl6Mfa«i 


biAfinq. a bout 100 tty m. (fad 6 fare 
2 bnbxn 4" tuliig 
FEAU LA BOtnt 
Teb [1)40 01 1010 


dhtaUna tan. ArcMtadwoBy 
jifaneit Tnft cningt. Sort <4 davf 
4 toSxxWT bote. Spadaafar m 
everywoyl 2 bnfcomes. Owner* 
ra fc tBted EsgriAa ML 
DBBff GOULD 
2127617-961 8/ flea. 2127227453 


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d MtatB in Tuan 


DOUGLAS HUMAN 


KJEOEVAREMNE 


CoCMGMCA BAflOO 93 99 37 75 
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rgoeftton room, bdow pmling. 


Teh [1] 42 6111 11 


MAM4ATTAN7K7i OtVfUTH 
2 Bed own/2 Bti b room, Luyi Lnrn g/ 
dning area, b» granda adm, 3 
npmvra. Asfio J4«IK. ALSO 
1 bedroom, mart* bathroom, St. 


MCE - FRENCH RMBA 

LAST ROCK ■ SB^ VKW 
Top den anawfon of OLD PMAQ 
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+ 50 tqja toraai big cStar, dead 
p*fam high lovd nibjrify msmv 
2 nan from beadi. Opera; mat. 

Tel: owner Art 33-1-43 54 09 16 
Fax nL 3464, WT 33-1-46379370 


16#v HOitE, bmitom 


■lx, 2nd floor, balcony, 
fas* reception room 4 


Charles peas Hrordt kitchen 2 

■ g Jt.wn^Qflnrtwwfc • "■« 1 f _7r 


bate, equpped kitchen, mod's room. 
Fanner rmkfana of Mixed Promt. 


Swtabl. fori 
Tifc owner ft 


trod Promt. 

mpmm 


txnibon. Sold 
Tet 

Fac [212] W 


her or sspcraM, 
996*336 

I USA Altai Mr. & 


rartfor wto Cwn TlS tqm groond floor with 90 jqm. SOfflC adntimStratKHI officials have 

iW7 ^ ffifejaitSS ^ b>^ caciahB to bdp 

GREA T Britain ond hot wtoi td,- nf42aB69 zo. find an alternative to trade status 

■—■m— 75, BUJ CE COU KCHl g. «r area 3S 8 W3Y of pWSOng Chttta on hu- 

SSsffiVn. cran rights, accwdii^ toLkmdH. 
sdec featwma Tek 1^574 w 99 Olmer, counsel of the United 

~ States-China Business ConndL 

- SPACV But without dear progress on. 

105 jbonimos apaktmbits human rights, the administration 

_ MOROCCO fiD lj ts S,. iD a position ^ 

of fetsSSond frAre. Dr* - w5K cutting off China economically 
TIC BBT M ITALY T- ^ °® S00rce «»cem and 

S9f°2LJ3Sr IJTZL K rSweSiSiBm thus trmteatingOiinete willingness 
W9 sethil5ooenmdajred part In the heat ol Malrid dan tOCOOpOratCOn Others, Kke trade OC 

I b e d rooms. 7 bate, enrrara matte Vufas so le t pagy yra eMy , mattily the mide i | T critds with Nfflth Ko- 

ban, freecoes, dtra modem lydenn, ™**- njr _. 

not Etkde of 10Q0 acres rrtades tons. T* 34.1442 85 65- fro tea. 

mytnl atve groves, ngstensd gone . 3*-L548^J0 “Gcariy its a SOlUtX Of anxiety 

X’i*5 y «,vaoxourote, to us that we have not seen more 

fins properta pirate oxdoeft the finonaoi £ ttusnea urea A warn pTOgrCSS tOGaie, a Senior Treasury 

SSX'tJ&.'Wi Sgy ^ufl cMwia., 

223064. fan (37-S5) 229B7IZ 1 ) 530642. fax: (34-11 5351497. Mr. BenCSeO, Who Will be the 

- — — — — — mmm, utenmhedflat for rm* 238 highest-ranking American official 
PARE AREA FURNISHED Sd *° 8P *0 Beging since the 1989 

" ~ " two bofliToSri i+3< 1 5646193. crackdown on pro-damocracy pro- 

/n?) ^ / m wfayhed tmic for rmt testers, has signaled to China thaiit 
-Jv>JA7&>r77/-Tj 'JS a 5*^ «mkl ease its hnman-rirfits prob- 

intmrnarionat | +34 ) 1 5646193. lems with a faster traction to a 


COmmnnistanny general sent his 

warptaK oa r^S rads over ^ fUdfiac b aa* Ian 

Kbbal 

(140 tmks) away, but they face sev- 
Rnw3, eral obstacles. - • >■ . . 

Genoal Dustam has joined with fttirictiw a h iuHt i nnai tty 

Prime Minister Gulbud&a Hek- Afghan refugees, said h no 
matyar in an attempt to depose Mr. planned to leave its border oi 
Rabbani, whose forces control all Afghans to crust The 
most of the battered capital. . pot at Toifcham, near thr 
Mr. Rabbain's forces. have held stani dty of -Rcahawar, was 
their ground, since the fighting Wednesday and Thursday 
broke out on Jan. 1, but they re- [or those with visas. ’ 
mam under constant attack from Several thousand peopl 


dozens of tracks were backed up at 
the border post Before the border 
was dosed, about 18J0OQ refugees 
had entered Pakistan in the last 
week. .... 

Pakistan said it would worir with 
the Umted Nafions and other aid 
groups to provide care for dis- 
placed people twsirift Af ghanistan 
fim the decision to dose the border 
has delayed truck convoys ralrmg 


. Moat are headpricasttoWtod the food, fda^ras and tents fiomfWfci- 
Pakistam border, 225 kilometers stan. to tile eastern Af^an city of 


si' 1 


40 miks) away, but they face sev- Jalalabad. UN officials said, 
id obstacles. - r . About 20,000 diqdaced people 

Palds^atraditiraialhavedfor have arrived m Jalalabad from Ka- 
Eghah refugees, said it no longer buL AmRher 25,000 Kabul resi- 
anned to leave its bwder openfor dents are believed to be trapped in 
all Afghans to crass: The 'border the eastern outskirts of the capita]. 


post at Tcakham, near the Ptifr wgitiogfbr a tofl in the fitting so 


slam dty af Tfcshaw 
Wednesday and Tb 
for those with visas. 


of -Peshawar, was dosed 
.y and Thursday exc^t - 


Several tiiousand pcofde end abad, Pakistan. 


mey can Hee, said ao^i Hudson, a 
spokesman far the UN High Com- 
nairicHier far Refugees m Islam-' 


9 bodroato, 7 bate arrara ntett a 
Soars, fieccon, t fa m odeto lystonu, 
poot Estate of 10Q0 aaw rduda 
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Covyiktl by Oir SiaffFrom Dispatches 

BONN — The Neath Atlantic 
Treaty Chgamzariotfs Ewtnttshm 
gw Peace program wfll help East 
EoropeKQ countries integrate into 
wropeaa Union as wdl as iino 
“* Atlantic alliance, ' Chancellor 
Hetamt Kohl said Thureday; ; ■ 

Fanner Communist states can 
take part in shapime the tfefou’* 
««anon security poBcy foreseen in 
the Maastricht Treaty on European 
Uinon by cooperating with the 
Wertera military bkxvhesajd.' ■ 

. The eventoal result of this two- 
dooperatkni rtHf be the east-; 
ward l- expansion, oftheEnropean 
Union, Mr. KxM told parliament 
m a speech reporting <m the NATO 
summit meeting this week in Brus- 
sels. 

"It is absolutely inconceivable to 
me that the German-Pohsh border 
will remain the eastern frontier of 
the European Union mihe long ; 
run,” he said. "The .decpeumgand 
simultaneous expansion of the Eu- 
ropean Union are decisive for se- 
ating peace and Freedom. In this 
stuse, the issue of European unifi- 
cation is a question cf war and 
peace in i the neat ceatuiy”. . 

Looking toward Russia, Mr. 
Kohl said setbacks cm the path of 
reform were unavoidable and 
urged fellow Germans not to over- 
estimate nationalist rhetoric from 
Moscow. 

Germany, worried about unrest 
on; its banters, has long urged 
Western institutions to take in for- 
mer Warsaw Pact states like Po- 
land, Hungary, the Czech Republic 
and Slovakia. . 

Mr. Kohl linked the opqring cf 
NATO and the European Union 
after those four nations reluctantly 
accepted the Partnership far Peace 
scheme in place of the full member- 


The chancel) or, who called the 
NATO summit meeting a “mile- 
stone on the way to a new security 
order for Europe,’* recalled that the 
European Union had opened its 
doors for future East European, 
members at its Copenhagen sum- 
mit meeting in June. • 


“We cannot forget that tins pros- 
pect of membadrip has a direct 

■ significance for security pofoy,” he 
said. “It is a primary goal of the 
European Unioirfi>devdop a com-: 
.moo security and foreign, policy. 
These countries wffl therefore have 

■' a chance to take part, in this devek 
opmentevea before theyjom.” ' 

■ ^Defense Mkrister Vdker Kobe 
aid Partnership for Peace was not . 
a substibfle for full NATO mem- 
bership and argued the »ll«wa to 
adnrit Poknd and the Czech Re-' 
l»blic soon;. 

. ~ He also suggested that tire Euro- 
pean Union myert some develop- 
■ meat funds from Southern Europe - 
to Eastern Europe, saying, “Either 
m export, rtabzmy or we.wijl an- 
part instabfliiy.” 

Mr. Kohl grid .Russian fears of 


to offer a more limited partnership, 
in winch. aQ Easton nations, in- 
cluding Russia, could forge close 
nflEtaiy links with NATO. • 

. Reflecting the widespread Ger- 
man concern over the state of the 
former Communist countries, the 
Social Democratic opposition 
broadly agreed with Mr. Kohl and 
welcomed the NATO step as an 
important contribution to Europe- 
an security:. 

Some German officials ■, have 
urged Mr. Kohl to give Germany a 
Stronger role in NATO, including 
any mkssibns in the Balkans. But 
the lack of pofitmal consensus for 
German involvement in combat 
abroad has tied Mr. Kohl's hands 
on Bosnia. 

Mr. Kohl stressed that the CDn- 
um administration, in contrast to 
its predecessor, supported plans 
for European integration in eco- 
nomic, political and military mat- 
tes. . '■ ' 

“The -reservations expressed by 
some representatives of earlier ad- 
nrimstratioris are gone," he said. 

This meant that both NATO and 
the European Union wore working 
towards “the same goal of integrat- 
ing the new democracies of Fwrtwn 
Europe into existing' Western com- 
nnrmlies,” he said. (Reuters, AP) 



A Show of Support for Yeltsin 

Clinton Looks at Moscow, and Vice Versa 





Lute Fnca Ajcpcr Fnror-Prear 

Mr. CEntoa with a Russian Orthodox priest (hiring a visit Thursday to a restored cathedral 

RUSSIA: Upper House Elects Yeltsin Ally as Speaker 


Neo-Nazi Attacks Fell, 


Continued from Page 1 
rode a powerful protest vote to the 
second-largest bloc of seals in the 
padiament 

The outburst accompanied Mr. 
Zrizraovsky’s announcement that 
he was withdrawing his candidacy 
for chairman. An earlier speaker, 
Viktor Mironov, had facetiously 
suggested that all candidates 
should undeigo psychiatric tests, 
an obvious barb at Mr. Zhirin- 
ovsky. 

Evidently provoked by this and 


ConfUied by OwSuff From Dbpoube t 

BERLIN — The numb er of neo- 
Nazi att'adcs on foreigner declined 
by almost half in 1993, but the 
homeless . and the handicapped - 
bore the brant of more violence; 
according to preliminary figures 
Thursday from Germany’s watch- 

002 affinev on GStantSUl 

The federal Office for Protection 
of the CaQfi&otioU ^oontadeight ~ 
deaths - from extnamlt violence in 
1993, co m p are d with 17 in 1992, 
the worst year for such fatalities 
since the federal republic was 
founded after World War D. 

The agency., said it registered 
1,8 14 violent attacks in 1993, down 
bom 2^84 in 1992, according to 
preliminary figures. 

The ware of violence was un- 
leashed after the reunification in 
1990 of East and Wert Germany. 
Though analysts often looked for 
the sources of the extremism 
among newly rootless young peo- 
ple in the former Communist East, 
West German states were -among 
the highest ha terms of the number 
of attacks per capita. 

The federal agency said themun- 
ber of extreme rightist .attacks on 
foreigners dropped to 1,322 in 
1993, from 2^83 in 1992. Itsaid the 
number of. attacks on Jews also 
went down in 1993, from the 1992 
total of 63 to 46 last yew. 

But attacks on tire homeless and. 
handicapped more than doubted, 
bran 145 in 1992 to 324 in 1993. 


These groups tend, to be isolated 
and defenseless, wide policemen 
have progressively tightened pro- 
tection of foreigners to forestall at- 
tacks on big targets like refugee 
shelters. 

The police are still looking for 
does in an attack on Monday in 
which three skmheads allegedly cot 
a swastika in the cheek of awhed- 
chaff-basmd 17-year-ald #ri-in rise 
" •" 

The police said Thursday that 
they had no good dues to the at- 
tarxets despite many calls bom the 
public. • 

In HaBe on Thursday, 15,000 
people crowded the central market 
square to express then* outrage over 
rite attack on tfaejpii. 

In Bccon, Rfld newspaper report- 


ing tougher penalties for neo-N azi 
hooligans, mefoding a 10-year 
maximum sentence for mutilation 
or disfigurement. 

“BrntaT skinhead thugs will spaa 
face draconian penalties,’’ Chan- 
cellery Minister Friedrich BSfal was 
quoted as saying. ■. 

Thegiri was assaulted after die 
anergpd on a busy street born a 
public toilet far the handicapped. 

One. speaker drew the loudest 
applause from the crowd in HaBe 
on Thursday when she said: “The 
most horrible flung is that no one 
came to beJp her, no one heard her 
cries. That’s complete nonsense." . 

. „ . (AP, Reuters) 


Mr. Zhirinovsky began railing. 

“In two years, through our spe- 
cial services, we’ll know who was ill 
and with what,” he declared, inti- 
mating that he intended to.be elect- 
ed president by then. 

“Shnt up!” he bellowed as a roar 
went up from the deputies. “Every- 
one out of the hall! Every candi- 
date for speaker must go to a psy- 
chiatric hospital!" 

On the floor, Anatoli B. Chubais, 
a deputy prime ntimsterand a pre- 
mier target of the conservatives as 

Ulster Beoee Plan 
Stattedby UJL, 
Sinn Fein Says 

The Associated Press 

LONDON —The leader of Sinn 
Fan, the Irish Republican Array's 
political arm, accused Prime Minis- 
ter John Major on Thursday cf 
bringing on an “intolerable stale- 
mate” over Northern Ireland. 

The Sinn Fein leader, Geny Ad- 
ams, in a BBC-TV interview, re- 
peated his party’s call for clarifica- 
tion on tire declaration issued 
jointly by MnMajor and the Irish 
prime minister, Albert Reynolds, in 
London on Dec. 15. • 

' The declaration called on the 
IRA to end its military campaign 
against British rule. Zn return, it 
offered Sinn Fan a place in talks. 
But it sod Northern Ireland would 
remain part of the United King- 
dom as king as a majority wished 

Mr. Major did not immediately 
respond to Mr. Adams’ comments. 


bead of the government's privatiza- 
tion program, pointed at his watch 
to show that Mr. Zhirinovsky had 
exceeded his time 

“Mr. Chubais, you will be doing 
that in Lefortovo Prison to caD for 
your lunch!” Mr. Zhirinovsky 
shouted, referring to & notorious 
prison in Moscow. 

Before withdrawing his candida- 
cy. Mr. Zhirinovsky insisted that he 
would have made an exemplary 
speaker, “an example not only for 
the country, but for the whole 
world." 

He added, “I went to Europe and 
my two-day stay there turned Eu- 
rope and the whole world upside 
down, diplomats and politicians 
alike.” 

Mr. Zhirinovsky was expelled 
from Bulgaria, barred bom Ger- 
many ana Austria and denounced 
by several other governments after 
that visit in December. 

In a separate action, Mr. Yeltsin 
issued a decree confirming Mr. 
Chubais in his positions as deputy 
prime minis ter and bead of the 


State Property Committee, evi- 
dently to reassure the visiting 
Americans that the privatization 
program would not be curtailed in 
the aftermath of the December 
elections. 

Other government changes are io 
be announced on Monday. Indica- 
tions are that Yegor T. Gaidar, the 
drief economic planner, will »l<n 
stay puL 

At day’s end in the Duma, candi- 
dates for speaker had been reduced 
through preliminary voting to two, 
both inimical to Mr. Yeltsin. They 
were Ivan Rybkia of the Agrarian 
Party, and Yuri Vlasov, a former 
weight lifter and resolute conserva- 
tive. Both would be welcome to the 
Communist Party and other con- 
servative forces. 

In another vote, opposition 
forces succeeded in establishing 
that a quorum for purposes of 
bolding a session of the Duma was 
half the 444 registered deputies. 
That effectively made it impossible 
for any one bloc to block a meeting 
by noL registering. 


By R. W. Apple Jr. 

See York Times Service 

MOSCOW — President Bill 
Climoo came to this wintry capital 
on Thursday and embraced Presi- 
dent Boris N. Yeltsin of Russia 
almost without qualification, de- 
spite the surprisingly strong na- 
tionalist, anti-Yeltsin revolt that 
marked the pzrtiamen tary ejections 
Dec. 12. 

On his first visit to Russia as 
president, Mr. Clinton and his se- 
nior aides conceded that many peo- 
ple here had suffered acute eco- 
nomic privation in the transition 
from communism to a free market 
They spoke of the need for a rede- 
signed net of social services to ease 
the pain. But (hey nonetheless 
pressed for a sustained, or in some 
areas increased, pace of reform. 

In backing the extreme national- 
ist Vladimir V. Zhirinovsky and 
other foes of the government, one 
of the main American participants 
jo Thursday’s talks said, Russian 
voters bad not been protesting the 
pace of reform, as widely suggest- 
ed. Rather, be said, “what we had 
was a vote against difficult eco- 
nomic conditions," and the way to 
ease them is more reform, not less. 

On Thursday night at a recep- 
tion at Spaso House, the residence 
of the American ambassador. Mr. 
Clinton hedged his bets a bit, greet- 
ing members of all the parliamenta- 
ry parties, including Gennadi Zu- 
ganov. a Communist member of 
the Duma, or lower bouse, and 
Maxim Travkin, a 25-year-old 
banker who is a suaver. less vocifer- 
ous colleague of Mr. Zhirinovsky. 

According to Secretary of State 
Warren M. Christopher. Mr. Zhir- 
inovsky fwnwelf was not asked, 
“because his actions and his lan- 
guage and his statements do not 
make him fit to be in a meeting or 
invited by the president of the 
United States." 

“Each of you who have partici- 
pated in this new democratic pro- 
cess have my respect, my admira- 
tion and my pledge of equal 
partnership." Mr. Clinton told the 


legislators and a wide variety of 
ministers, scholars, artists and 
business people. 

On Friday, administration offi- 
cials said. Russia and the United 
States w31 officially announce that 
they have agreed to stop aiming 
their missiles at cities and military 
taigas in each other’s countries 
and in allied nations. In the future, 
the officials said, most of the mis- 
siles will be aimed at no specific 
targets, with a few aimed at unin- 
habited ocean areas. 

Although the agreement is large- 
ly symbolic, because the missiles 
could be re-aimed within a few 


REFORMS: YeltsinResists Tougher Clinton Plan 


Continued from Page 1 
neither the Russian public nor the 
outside worid cares to buy. These 
industries, though, also provide 
their woikos with health benefits, 
pensions, schooling and meals. 

The Russian government is re- 
luctant to stop subsidizing these 
industries, because it fears a public 
outcry from those who would not 
only lose their jobs, but also the 
social benefits that go with them. 

Mr. Clinton and his advisers ar- 
gued to the Rnssians that using 
subtidies for industry to provide 
social welfare is highly inefficient, 
since about 10 percent of every 
ruble goes to social programs and 
the other 90 percent goes into sub- 
sidizing unprofitable businesses. 

What Russia should do instead, 
they argue, is cm the subsidies and 
use the savings partly to pay down 
the deficit and partly to cover the 
cost of unemployment insurance, 
job retraining and petitions. “Sup- 
port people, not . industries," Mr. 


Clinton told Mr. Yeltsin, according 
to aides. 

“One of their problems right 
now is the expansion of credit to 
industries that are not competitive, 
that are not selling or making a 
product that will be bought in the 
rest of the worid or even domesti- 
cally." Mr. Bentsen said. “And that 
is a very high subsidy to pay to try 
to get to some of the soaal prob- 
lems. 

“It is much better taken care of 
by some of that subsidy being tak-’ 
en away from some of the outmod- 
ed industries and. in nun, go to the 
soda! structure, retraining dislocat- 
ed workers, developing a competi- 
tive product" 

Mr. Bentsen on Thursday at- 
tended the opening of the Ameri- 
can Chamber of Commerce in 
Moscow, which already has as 
members about 250 American 
companies doing business in Rus- 
sia — ranging from Coca Cola to 
General Motors to Amoco. 

The Treasury secretary heard a 


GERMANY: New Year*s Optimism Will Be Tested 

OfaJ {too Page 1 hasput in place in Germany for cal cf Mr. KabTs leadership i 
nme nF it* mmi serious cran- 1994 and 1995 -are a substantial ihcreasmghr warm in their esu 


HUBBLE: Finely Tuned Telescope Back in Business 


GuAned fMo Pkge 1 
costs, one of its most serious com- 
petitive handicaps. Ib Western 
Germany, hourly wages have risen 
24.7 percent tince T99(^ far outpac- 
ing an 8.5 percent increase in pro-, 
dnetivity. Now, however, fear cf 
job losses has limited wage expec- 
tations. .. 

"Companies see the' power 
they’ve got now on the wage' 
round,” Mr. Resfl of UBS said. Af- 
ter inflation, German workers are 
unlikely to see any real pay gains 
this year, he said, noting mat dis- 
posable incomes fell during flic re- 
cession of the nnd-198QSk 

Kerant Scboeahoaa, a remor. 
economist at Satomqn Brothers In- 
ternational in London, meanwhile, 
described weak ecanonric growth 
as the least of several eribfacipg 
Germany and other ."European- 
econoames. - 

“The moves that the government 


example of firoal restraint and a 
key reason we think' tbe German 
economy wiD espsnd slowly for the 
next rtrnxal years,*' be said. 

Cats in govenuoent spending 
were a' key condition the Bundes- 
bank set for cots in German inter- 
est rates. 

Despite these efforts, however, 
many question whether the Ger- 
man government wifi have the abil- 
ity ot tbe will to make additional 
cats in entitlements' m anejection. 
yea. 

What is needed, many. say, is 

that fosters^ rather than hinders, 
investments m promising new tech- 
nologies. ^ 

Business leaders, who normally 
support the conservative coalition 
.by Chancellor Helmut 
Kohl, have bear increasingly criti- 


cal of Mr. KobTs leadership and 
ihcreasmgty w arm in their 
for the economic policies cf the 
opposition Soda! Democrats. 

In a book published this week, 
Kari SdnHer, a Social Democrat 
who was economics minister dur- 
ing the German boom years of 
1966-72, criticized the goveni- 
Tpori tV handling of German tnrifi- 
cation and sakf not just one but 
several ^ generations of Germans 
should moulder the. burden. 

. He saidihe country’s current re- 
cesrian offered as o ppor t uni ty for 
“a hard change of course." 

He added. "If you lock at it 
cJcsefy and draw the consequences, 
the recession destroys old habits 
and presumptions and creates a tn- 
btda msa lot a new kind of pofi- 
tics.” 

NEXT: When Qndhcnv will Japan 
etui its longest postwar economic 
dump? 


Coatianed from Page 1 
Maryland and head of thesubcom- 
. xattee that oversees NASA's bud- 
get, said the success would indeed 
restore the agency’s reputation in 
Congress and could help win need- 
ed support lor its plans for the 530 
billion international space station. 

“The trouble with Hubble is 
over,” the senator said at tbe news 
conference. “We now know that 
NASA has the right stuff." 

Soon after the $1.6 billion tele- 
scope was launched in April 1990, 
astronomers discovered a manufac- 
turing flaw in the primary mirror 
that prevented sharp focusing and 
resulted in blurry pictures. 

Corrective optics were installed 
last mcBih by space-walking astro- 
nauts cf the shuttle Endeavour. 
Hie installatio n went smoothly, 
but only after weeks of testing and 
alignment checks could ground 
controller at tbe Goddard center 


confirm that tbe repairs hod done 
the job. 

Astronomers said tbe improved 
telescope should now be able to 
observe objects rail as far as ID 
billion to 14 billion light years, al- 
most to the edge of tbe universe 
and early in cosmic time. 

Previously, it bad been limited to 
vistas no more than 4 billion light 
years away. In fact, the faint-object 
camera should be capable of obser- 
vations comparable to detecting 
the light of a firefly 8,000 miles 
array. 

The repair mission involved in- 
stalling a replacement for the main 
camera, including mirrors designed 
to compensate for the flaw in the 
telescope's 94-incb (240-cealnne- 
ter) primary mirror. Also inserted 
was a piece of equipment with spe- 
cial minors on the rad of mechani- 
cal arms, which were then deployed 
to correct the focus of light entering 


the faint-object camera and two 
spectrographs. 

The NASA administrator. Dan- 
id S. Goldin, said that in some 
respects, the Hubble telescope was 
now capable of observations much 
belter than had been originally 
planned. 

Tbe replacement camera, called 
the wide field-planetary camera, 
contained not only the corrective 
optics but more sensitive electronic 
light detectors based on more ad- 
vanced technology than had been 
available when the telescope was 
first builL 

More testing will be conducted 
in the next few weeks, but regular 
observations with the wide-fidd 
camera are expected to begin by the , 
end of tbe month. Astronomers 
woe already talking eagerly of 
thing s they want to study that had 
been beyond Hubble’s flawed vi- 
sion. 


minutes, Thomas R. Piefeering, the 
American ambassador in Moscow, 
said that “it also has real value in 

confidence-boilding" 

Mr. Clinton met three times with 
Mr. Yeltsin — at two sessions in 
the Kremlin on Thursday morning, 
with the emphasis firmly on eco- 
nomic policies, and on Thursday 
night over dinner at a government 
dacha outside town, where security 
issues were discussed. He left not 
the slightest doubt that Mr. Yeltsin 
remained the administration's 
main man in Russia. 

“I believe that we have a clear 
opportunity to work together to 
build a new framework of security 
for Europe," Mr. Clinton told re- 
porters, “based on free political 
systems, free economic systems and 
nations that respect one another. 
And President Yeltsin has been do- 
ing that here and deserves the sup- 
port of the United States." 

From the Kremlin, the president 
embarked on a tour of Moscow 
shops, dropping in on a baker, and 
then a combined butcher and fish- 
monger, near Red Square. He fum- 
bled in his pocket for rubles to buy 
a loaf of dark bread, told inquiring 
Muscovites that HBlary Rodham 
Clinton would arrive Friday and 
offered assurances that things 
would soon get better for the Rus- 
sians 

“All these folks working hard 
need to know that in the end they 
will be rewarded," he said. 

Then, wearing a gray fur hat to 
ward off the cold, he went on to 
Kazan Cathedral, destroyed in the 
Stalin era and recently rebuilt. Its 
hrfk rhirnwri as he arrived, and he 
prayed for his mother, Virginia 
Kelley, whose funeral Mr. Clinton 
attended in Arkansas just before 
leaving for Europe. 

Finally, be visited tbe leader of 
tbe Russian Orthodox Church, Pa- 


triarch Alexei li, who is 21 with 
bronchitis at a Moscow hospital 

American officials described 
Thursday’s meetings as excellent, 
and one expert on Russia said that 
for the first time the two sides were 
“so longer merely passing points 
across the table" 

For Ins pail, Mr. Ydtsin seemed 
to be sending a none-too-subfle 
message to his visitors, to tbe effect 
that the thunder on his right made 

il important for him to stand up for 

his country and its place in the 
world. 

His spokesman, Vyacheslav 
Kostikov, emphasized to American 
reporters that Mr. Yeltsin's main 
point was “that the U. S. and Rus- 
sia are equal partners, as opposed 
to Russia being in a position where 
it has to plead for American help.” 

Since the elections, the spokes- 
man said, “Russia has joined the 
ranks of the world's major constitu- 
tional democracies, and the United 
States now realizes il cannot solve 
Europe's problems without Rus- 
sia." 

If that seemed like a belated re- 
sponse to the opposition's major 
themes in the campaign, Mr. Can- 
ton dearly picked it up. On Thurs- 
day night at the ambassador’s 
house; he spoke lyrically of bow, 
“over the oratories, the Russian 
people have shown their greatness 
in many ways — in culture, on the 
battlefield, in government, in 
space” — and now stood poised to 
make their nation “strong and vital 
and alive for hundreds of years into 
the future." 

To further underline his respea 
for his host and for Russian tradi- 
tion, Mr. Clin ton agreed to spend 
Friday night, which will be his Iasi 
here, in an apartment in the Krem- 
lin. That wul make him tbe first 
American President to do so since 
Richard M. Nixon in 1972. 


Thanks. 


little about tbe profits being made 
by American companies doing 
business in Russia and a lot about 
the pitfalls of investing here. Com- 
plaints ranged from the threat to 
U.S. businesses by local gangs to 
the absence of a body of contract 
law to regulate business and assure 
payment for goods and services. 

Steve FuDenkamp. representa- 
tive of the Chase Manhattan Bank, 
told Mr. Bentsen that tbe lack of 
“fundamental requirements" is 
bolding American businesses back. 
He listed these as; the need for a 
safe living and business environ- 
ment, free of intimidation and ex- 
tortion; the need for legal and po- 
litical security; tbe need for a 
strong commercial law and invest- 
ment code, and an enforceable tax 
regime that encourages foreign and 
local investment 

The Rusaan market, with 150 
million consumers, has tremendous 
appeal Mr. Fullenkamp said, but 
investors should approach it with a 
“long-term view". 


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/ 




Page 6 


FRIDAY, JANUARY 14, 1994 

OPINION 


Hrralb 


INTERNATIONAL 



PUBLISHED WITH THE NEW YORK TIMES AND TIIE WASHINGTON POST 


Still Dithering on Bosnia 


tribune Clinton and Assad: Speeding Up Peaee. 

i TIIE WASHINGTON POST JL X . . —• ... 


Bosnia's warring armies are not taking NA- 
TO's latest warning of air strikes very seriously, 
and neither should anybody else. Wbat really 
went on at the Brussels summit meeting this 
week was 99 parts maneuver to one part sub- 
stance, having much more to do with inter* 
alliance politics than with the Bosnian tragedy. 

But give the Clinton administration the cred- 
it it deserves. Not only did it successfully press 
its proposals on NATO’s possible expansion 
into Eastern Europe and the former Soviet 
Union. In addition, having learned something 
from last year's Bosnia stumbles, it neatly side- 
stepped the diplomatic naps set for it by mis- 
chievous French GauHisis and cynical British 
promoters of unenforceable peace agreements. 
Instead it hdd fast to Washington's more pru- 
dent and more principled approach. 

ft is hard to cut through afl the diplomatic 
smoke, but it appears that France's last-minute 
drive to add Bosnia to the summit agenda was 
designed mainly to embarrass the United 
States. Anticipating a lack of American enthu- 
siasm for even talking about Bosnia again, 
France's conservative government, more na- 
tionalist than its Socialist predecessor, thought 
Paris might thereby demonstrate to the Ger- 
mans and others that the United States could 
not be counted on in Europe. Therefore, as 
France sees it, Europeans should build their 
own independent defense structures. 

The British, who very much want to keep 
American troops involved in any European 
defease structure, may have hoped that by 
signing on to this French initiative they might 
hoodwink an unsure Clinton administration 
into giving the explicit U.S. backing to Europe- 
an Union proposals for partitioning Bosnia 


Investigating the Clintons 


President Bill (Hinton's acquiescence to 
calls for an independent probe of his and Mrs. 
Clinton's roles in the failed Whitewater and 
Madison ventures in Arkansas was inevitable. 
With demands for a special counsel mush- 
rooming in Congress, and notably within his 
own party, Mr. Clinton bad tittle choice but to 
relent. An investigation directed by anyone 
wi thin the adminis tration's chain of com- 
mand would have lacked standing with the 
public. Wednesday's White House announce- 
ment that Attorney General Janet Reno has 
been asked to appoint a special counsel — “a 
respected, impartial and qualified attorney 
who is not a member of the Department of 
Justice or an employee of the federal govern- 
ment" — to probe the Whitewater affair was a 
welcome change of mind. 

It was also overdue. The delay only fueled 
suspicions about the Clintons' reasons for 
resisting an independent look at their Arkan- 
sas affairs. It also added to the growing clam- 
or for an independent investigator and public 
disclosure of all the details surrounding 
Whitewater and Madison. The White House 
complaint that “innuendo, political posturing 
and irresponsible accusations" drove the pres- 
ident to Wednesday's decision does not hold 
much water. The more credible answer may 
have to do with the need to address the bosl 
of unanswered questions that flow from the 
Clintons' links to James and Susan McDou- 
gal. their co-ownership of the failed 


Whitewater Development Corporation and 
the ties of both couples to the Madison 
Guaranty Savings and Loan failure. 

There is a good deal about the way in which 
the White House has responded to these in- 
quiries that is disturbing. The plotted indigna- 
tion by White House damage control spinners 
aimed at attacking opponents rather than get- 
ting out the facts was tired old stuff that raised 
more suspicion than it could ever allay. The 
disclosure that the president’s personal lawyer 
had negotiated an arrangement with the Jus- 
tice Department to keep information out of 
the public domain did not add to the idea of a 
president wanting to clear the air of suspicion. 

The White House does raise a legitimate 
concern. The special counsel's probe should 
not be a meandering fishing expedition. A 
speedy investigation, one that does not cut 
comers but also does not chase shadows, 
serves everyone’s interest. There have been 
examples of special investigations of this 
kind that went far afield and engaged the ego 
and vanity of the prosecutors. There have 
been more examples, however, of the kind 
that did the job and did it efficiently and 
well. We hope the latter will be the precedent 
for whoever is chosen for this job. The presi- 
dent can do his part by being up front with 
the facts —and sharing relevant information 
with the American people without waiting 
for the special counsel’s report. 

— THE WASHINGTON POST. 


Progress in the BCCI Case 


With the acquittal of Robert A. Altman last 
summer in the BCCI case, a very large ques- 
tion was left dangling unanswered. Exactly 
bow did the thoroughly corrupt Bank of Cred- 
it and Commerce International manage to 
gain control of four American banks? Mr. 
Allman had been charged with helping to 
engineer it by deceiving the bank regulators. 
But the jury found him not guilty, not least 
because of evidence that the regulators had 
known about at least some of these illegal 
arrangements. That evidence, an internal 
memo from a Federal Reserve official, has 
obvious implications. You might think that it 
would hare set off the usual noisy inquiry. 
Instead there has been a huge silence. 

But now the BCCI investigation has moved 
forward again. American authorities have 
worked out a deal with the sheikh of Abu 
Dhabi, the principal owner of BCCI. He will 
extradite to the United States one Swaleh 
NaqvL the most knowledgeable of the bank's 
executives, and give the Americans access to 
a mountain of the bank's records. Thai may 
provide more light on these events. In return 
the trustee of one of the illegally owned 


banks will drop a suit against the sbeikh. 

The BCCI affair has been peculiar from the 
beginning. It is. first of all, the largest fraud in 
the history of finance. Worldwide, something 
on the order of S12 billion is missing. The 
bank was notorious for laundering drug mon- 
ey long before it was shut down in 1991. But 
federal agencies hare been at best imennittent 
in their pursuit of the many violations of 
American law. Most of the energy and push in 
the investigation has come from a local prose- 
cutor, Robert M. Morgenthau, a New York 
district attorney. A congressional investiga- 
tion would be well warranted, but the House 
Banking Committee has shown only limited 
interest and the Senate committee none at alL 

Why this remarkable reluctance to find out 
what happened and how a renegade bank so 
easily circumvented the law? Speculation offers 
many possibilities, but speculation unsupport- 
ed by evidence is useless. Ai this point, whkber 
people go to jail is secondary. The more urgent 
interest is to discover what went wrong in order 
to prevent a repetition and to protect the integ- 
rity of the American financial system. 

— THE WASHINGTON POST. 


Other Comment 


Keeping Asian Gains at Home 

The proposed East Asa Economic Caucus, 
or EAEC may hare to wait a bit longer. The 
idea was mooted three years ago as a loose 
consultative body to discuss trade and econom- 
ic matters. It has been adopted as an initiative 
of the Association of Southeast Asian Nations. 
It was rejected outright by forma President 
George Bush, but Lhe present US. administra- 
tion is not against iL U.S. objections had pre- 
vented Japan and South Korea from support- 
ing the idea. The business community in Japan 


is much in favor of an East Asian caucus. 

It is time Japan and South Korea realized 
their rightful place in East Asia, the honest 
economic region of the world. The GATT 
agreement will benefit the North much more 
than iL will the South. U is thus vitally i impor- 
tant that the EAEC should be put in place 
without further delay. Developing countries 
should show a common endeavor to make 
sure iHai the fruits of their labors remain in 
the region and not be spirited away, as in 
earlier centuries, by the West. 

— Business Times ( Kuala Lumpur). 


International Herald Tribune 

KATHARINE GRAHAM, ARTHUR OCHS SULZBERGER 
Ci'-Chdimen 

RICHARD McCLEAN. Publisher A Chief Executive 

JOHN VINOCUR, Ewciunv Edfav & lav Pnsibti 

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Dtnvtcur it ii PiHkntum ; Rkftuni li. immifis | 


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that Washington has so far wisely withheld. 

Bill Clinton parried the French by declar- 
ing that the United States remains as ready as 
ever to join the Europeans in a carefully 
drawn plan of NATO air strikes designed to 
protea civilians and encourage a negotiated 
peace. But he rightly insisted, once again, that 
American forces would be introduced only as 
part of a multilateral effort, only for humani- 
tarian purposes and only in the form of air 
power. And the president wisely continued to 
keep some distance from European diplomat- 
ic efforts, which have been inconsistently 
principled and consistently ineffective. 

The plan that the NATO leaders unani- 
mously endorsed requires that any air strikes 
fust be requested by United Nations military 
commanders in Bosnia, and then be approved 
by UN headquarters in New York, possibly 
through a Security Council vote. Given con- 
tinued British ambivalence toward bombing 
Serbian artillery positions, potential Russian 
hostility in the Security Council and the slug- 
gish logistics of the UN Secretariat, actual air 
strikes appear extremely unlikely. 

For besieged Sarajevans, nothing much has 
changed. There is stiD little prospect of out- 
side relief. But it should be increasingly dear 
to all that the main reason for Europe's dither- 
ing response to the Bosnian tragedy is Euro- 
pean gamesmanship, not American unreli- 
ability. If Europe ever manages to resolve its 
own divisions on the issue and come up with a 
constructive and realistic policy. President 
Clinton made plain, the United States will do 
its part For him, it was a surefooted perfor- 
mance on slippery terrain. 

— THE NEW YORK TIMES. 


N EW YORK —The meeting this Sunday in 
Geneva between Bill Chu tan and Hafez 
Assad once again reminds Americans that the 
Syrian president is a major player in Middle East 
peacemaking. One hopes mat the meeting will 
encourage him to take further steps toward 
peace, in the spirit of his 1992 statement that 
Syria was ready for a “peace of the brave.” 

But President Clinton mil encounter a man 
whose doubts about Israeli policy toward Syria 
and the Arab states in general have not signifi- 
cantly changed since he discussed them with 
President Jimmy Carter in 1977. 

Mr. Assad still professes to see little difference 
between Israel's Labor and Likud parties on the 
issue of returning aD the occupied Golan Heights 
to Syrian sovereignty, as weO as reaching an equi- 
table solution to the Palestinian question. 

Mr. Assad has said that he will not work against 
the September peace agreement between Israel 
and the Palestine Liberation Organization, tot 
he has made plain that he believes that the PLO 
chairman. Yasser Arafat, made a bad deal. 

Syria’s bargaining position has weakened 
since the collapse of the Soviet Union, its chief 
patron and arms supplier. But Mr. Assad is a 
patient negotiator. 

He has continued td devote a high percentage' 


of Syria's budget to the military. When the Soviet 
Union could no longer meet ms needs, he found 
alternative weapons suppliers in China and 
North Korea. The Syrian arsenal is formidable, 
although far from twatd im g that of Israel. Un- 
derstandably, Israel views it as a serious threat. 

Concerning the Golan occupation, however, . 
Israel’s military leadership has changed its view 


By Richard W. Morphy ... 

in recent years. It now believes that if peace can 
be attained, Israel need not remain in «s present 
military positions. Prime Minister Yitzhak Ra- • 
bin has spoken of a withdrawal oiFthe Golan,', 
although thus far not from the Golan. 

Americans and Israelis alike tend to play down 
Syria's fear of IsraeL la fact this rear is as 
genuine as Israel’s fear of Syria. Syrian leaders 
are quick to remind visitors how close the Israeli 
units on the Golan are to Damascus. They urge 
foreign dignitaries to visit the Golan town of. 
Quneitra, destroyed by Israeli troops after the 
1973 war. Today the town, with its smashed and 
empty buddings, is a.virtual war museum. - 


■ Second, Ml Assad will be eagerto hear how 
Washington plans to work toward a comprdiea* 
sive peace settlement, to which Mr. - Clinton - 


I3,aher Israd and the PLO signed apeace accora, 
Mi. Assad has long hdd that the 1979 Israeh- 
Egyptian peace treaty md a, serious mistake 
because, in breaking .the Syrian-Hgyptian front, 
it stopped - the. steady emegence of an Arab 
consensus for peace; He was angered : by Ml 
A rafat's agreement with.. the Israelis and has 1 
made dear lhai he wfll oppose any separate 
treaty, whether between the Frifistimaos ana 
brad or between any Arab state and Israel He 
will be listening far more specific expressions tif 
Washington’s support for this position. , 
Finally, 'Mr. Omton needs to both convey his 


Mr. Clinton will not find it easy to dimmish .. understanding of Syria’s concerns and dembn- 
Syrian distrust of IsraeL Nor will be achieve one strate his (xmnmtment to remain a full partner in 
of Washington’s public demands; cancellation of the p qffiatinny. Secretary of State Henry Kis- 

tbe Arab boycott that prohibits trade with IsraeL .. singer showed such tmdrratanding while shut- 


Damascus will insist on maintaining the boycott 
until it sees much more tangible progress toward 
a regional settlement Most Arab governments . 


So what purpose can this meeting serve? 
After all, Mr. Canton has won a Syrian commit- 
ment to return to the negotiating table with the 
Israelis by early February. 

A Gin ton- Assad meeting can be useful in 
three ways. First, the president can encourage 
Syria to abandon its sterile AIphonse-Gaston 
routine with Israel, in which Damascus says it 
will not reveal what it meads by w fuH peace” until 
Israel affirms that it is prepared for “full with- 
drawal,’’ and Israel does the revise. . 


time between Israel and Syria to work out the 
1974 disengagement agreement. 

By demonstrating wymfar sensitivity and per- 
sistence, Presidail George Bush and Secretary of 
State James ;Baker were able to- persuade Mr. 
.Assad to seed -his foreign minister to the -1991 
JMSddle East peace conference in Madrid. ^ 

Middle 1 East peace may in fact be Inevitable, 
but the meeting on Sunday ; even if not a break- 
through, should speedup iheprocess. 

The writer, a senior fellow for the Middle East ai 
the Council on Foreign Relations, was ambassador 
io Syria from 1974 to 1978. Be contributed, this 
comment to The New. York Times. 


Do American Troops Reatty Belong on the Golan? 


N EW YORK — When B£D Qin- 
ton meets Hafez Assad on Sun- 
day, the prospect of Isradi-Syrian 
negotiations wiH top their agenda It 
is possible that they win dismiss the 
notion of American secority guaran- 
tees for Israel in the event of its 
withdrawal from aD or part of the 
Golan Heights, as part of a peace 
settlement The core of any such 
guarantee would be the placement of 
American armed forces on the Go- 
lan, committed to fight in support of 
Israel's defense in case of attack. 

Such a notion requires careful 
scrutiny. The first thing 10 be ascer- 
tained is bow the people of Israel 
and of the United States would fed 
about such an unprecedented and 
risk-laden development. 

In its 45 years of existence, Israel 
has been the object of massive, sys- 
tematic, concerted Arab belliger- 
ence, in half a dozen wan and wave 
upon wave of state-sponsored ter- 
rorism. Not once did Israel request 
or receive military defense from any 
power, nor was any foreign soldier 
ever asked to fight and die for it. 
The fdsty pride engendered by tins 
history of self-reliance has long 
been a major source of interne, pro- 
found inner strength for the people 
of IsraeL g raining them through 
the many j^ara of crisis and bolster- 
ing the nation’s moral and political 
authority in dealing with cuter na- 
tions, especially the United States. 

A senes of questions flow from 
these considerations. 


By Meir Rosenne 


• Might the psychological role 
reversal wrought, for the first tune, 
by Amman guarantees have the 
effect of unde rmining this reservoir 
of national morale, perhaps even 
inducing a sense of loss of indepen- 
dence, and a mood erf helplessness 
and defeatism? 

• Since the guarantee is bound to 
impose constraints upon its prtrtgfi, 
to what extent would Israel lose inde- 
pendence of action taken outside its 
barriers, in pursuit of its national 

interest and security needs? 

• Would the international per- 
ception of Israel’s dependence on a 
great power for its security dim the 
his ter of its independence, and di- 
minish the farce of its moral and 
political authority in world affairs? 

• How would such constraints re- 
late to a situation like Israel's suc- 
cessful nmhteral bombing <rf Iraq's 
Oarak nudear war fadfity in 1981 or 
or brad's rescue of its nationals at 
Entebbe in a plane hqaeked by ter- 
rorists to Uganda in 1976? 

• In light of disaster peqxtrated 
by foreign terrorists in America, how 
would such constraints affect brad’s 
posable military action against ter- 
rorist bases outride land? 

The United Stales is under potent 
moral and psychological constraints 
on its own freedom of action in inter- 
national affaire, and fundamental 
questions must arise about their po- 
tential effect on the extent, utility 


and force of any security guarantees 
that H might extend to IsraeL 

• Since the United States has 
made dear in recent years that it is 
strongly disinclined, unless vital na- 
tional interests are at stake, to act 
alone in critical situations, but pre- 
fers collective action in concert with 
frinKfly states, would not unilateral 
American nriHtaiy action to back se- 
curity guarantees for load be con- 
strued m world opinion as a blatant 
exercise of American im perial pow- 
er, and would the American public 
be ready to accept such a harsh con- 
demnation in this specific instance? 

• Even if the United States were 
willing to brave such condemnation, 
might not the proliferation of mis- 
silery Hmri m pd e ar nnm in the hands 
of enemies of Israel — Middle East- 
ern terrorists and stales sponsoring 
terrorism — tend to inhitot or com- 
promise unilateral or any other 
form of strong American, nrililaxy 
action in brad's defense? 

• In view of the wariness and 
distinct ladr of enthusiasm in the 
American public and Congress re- 
garding any policy that ccrald lead 
to risky foreign military entangle- 
ment and the quagmire of long- 
term involvement costly in money, 
aims and armed forces, could ef- 
fective seairity guaranteesTof Is- 
rad gain a broad consensus of sup- 
port among the American pestle, 
as well as the requisite ratification 


of any such treaty by the Senate? 

It has not been doughty national 
honor alone that-has sustained lhe 
Israeli people’s durable streak of 
sdf-retiance. ft has been an even 
broader streak of skepticism that 
any power, even i ts dear American 
friend, would rush to its defense in 
time of critical attadc by an enemy. 

The validity of this searing 
doubt is borne out by the historical 
record. No erne ever came to bra-' 
d's defense in the wars of 1948, 
1956, 1967 or 1973, or in the never 
ending war on terrorism. 

Any such neat-power action 
would have to be grounded in that 
power's perception of a vital, na- 
tional interest, and braelis are 
duty-bound to ask themselves: 
Would . America view it as a- vital - 
national interest .to assume an 
ironclad _ mditaiy undertaking, to - 
brad on the Golan Heights? . 

None of these questions can be 
answered with, certainty now, but 
they wiD have to be addressed. For, 
in stepping down bom the Golan. ■ 
brad, would take a grave 'security 
ride, and the. people of Israd and 
any government they elcctwiH sure- 
ly insist that more than paper for- 
mulas must be in place to wwnrmfae 
or diminate that ride 


. The writ* is president of the State 
of IsrOd Bonds aid a former ambassa - 
dor of Israel to the United States and 
France: He contributed dug cbmntehi 
To the International Herald Tribune :■ 


Doctors in Ardent Pursuit of Radiation Weapons 


W ASHINGTON — Reports of 
government radiation experi- 
ments on unwitting Americans dur- 
ing the Cold War. although shocking, 
hare overlooked an important and 
sinister element. Some of the plutoni- 
um injections and X-rays were per- 
formed not only for medical research 
but also to study potential ntihtary 
applications of radiological poisons. 

The doctors who earned out some 
of the experiments were interested 


The doctor sent the army a secret report in which he 
proposed using radioactive smoke as aldBing agent. 


not only in saving lives but in taking 
them. The work of two physicians 
mentioned in news accounts, Joseph 
G. Hamilton and Rohm S. Stone, 
deserve further scrutiny. 

Dr. Hamilton, a neurologist at the 
University of California Hospital in 
San Francisco, was one of the first 
doctors to use radioactive tracers in 
medical research in the 1930s. Dr. 
Stone, a radiologist at the same hos- 
pital, was chosen by the U.S. Army in 
1942 to monitor the health of people 
working on the atomic bomb. 

From 1942 to 1946, Dr. Stone ex- 
posed 32 dying patients to powerful 
X-rays to examine radiation's effect 
on the body. Such information was 
needed to develop treatments for the 
inevitable victims of radiation acci- 
dents at the bomb factories that were 
proliferating around the country. 

Dr. Hamilton fed plutonium to 
rats in a -rimflar effort to find out 
where it went in their bodies. 

Both men became intrigued with 
another obvious application erf their 
research: using cemtaminatiem with 
radiation as a weapon of war. 


By Gregg Herken and Janies David 

As early as the spring of 1943, they them in a shed behind bus house, 
discussed with the anny die killing of The end of the war did nothing to 

an unspecified number of the enemy stem Dr. Hanrilton’s interest in radio- 
by poisoning food or water with ra- logical warfare. In April 1946 he again 
djoactire strontium. reported to the army an potentidmDi- 

The success of the atomic bomb (aiy applications of ins research. Three 
diverted attention from this project, daysla^hei^ectedplutcariamintoa 
but the two doctors remained enthu- bay with terminal bone cancer, 
siastic about radiological warfare. “If Bui tbe army was beginning to get 

we were directed tomorrow to reorga- squeamish. In November, when Dr. 

1 . - . — — i. ■ ■ Hamilton asked for more plutonium, 

ecrel report mwhich he 

smoke as a lotting agent. 

army a secret report on radiological 

nize our fission product work to the warfare in which he proposed using 
military needs of radioactive warfare,'’ radioactive smoke as a lolling agent. 
Dr. Hamilton advised the army in “Such a Ape of preparation would 
January 1945, "almost aD of our past appear well adapted for producing E&- 
and present efforts with fission pro- son product aerosols to subject ur- 


nize our fission product work to the 
nnHuuy needs of radioactive warfare,'’ 
Dr. Hamiltoa advised the army in 
January 1945, “almost aD of our past 


ana present euorts with fission pro- son product aerosols to surged in- 
ducts would be directly applicable.” ban populations to fission product 
His rat experiments having proved poisoning by inhalation,’* he wrote. 


inconclusive Tor humans. Dr. Ham- 
ilton notified the army on May 10, 
1945, that he was awaiting a “suit- 
able patient.’' A few days later he 
found Albert Stevens, a house paint- 
er from Healdsburg, California, who 
was believed to be suffering from 
terminal stomach cancer. 

On May 14, Mr. Stevens was in- 
jected with what one of Dr. Hamil- 
ton's colleagues subsequently de- 
scribed as “many times me so-called 
lethal textbook dose" of plutonium. 

On May 18, a biopsy snowed that 
the patient had an ulcer, not cancer. 

Dr. Hamilton never told Mr. Ste- 
vens the nature of the experiment in 
which he was the guinea pig, but he 
dosely monitored tbe plutonium 
that his patient excreted. Dr. Ste- 
vens dutifully collected his urine 
and feces in glass bottles and stored 


“It can be well imagined the de- 
gree of consternation, as weff as fear 
and apprehension, that such an 
agent would produce upon a large 
urban population after its initial 
use." Countermeasures and decon- 
tamination, he concluded, would be 
“almost hopeless." 

Tbe Mowing month, tire Atomic 
Energy Commission, the dvDiati 


ity for atomic weapons from the 
army, sent a representative to talk to 
Dr. Hamilton about his proposed fu- 


Secret Radioactive Tests on a Select Few 

D ISCLOSURES of secret radio- whether any of these experiments 
logical releases and medical promised sufficiently Large scientif- 
tesis carried out decades ago are com- ic payoffs tojuslify human experi- 
ing so thick and fast, and yet with so mentation. The apparent violations 
Utile detail that the principal result is of the Nuremberg Code, which re- 
confusion. If outrage is warranted, quires voluntary consent and pro- 
where should it be directed? lection of subjects from “even re- 

Perhaps 1,000 people were in- mote possibilities of injury, 
volved in radioactive medical tests, disability or death," and of the 
Lumped together in the recent reve- Hippocratic standard, “Furst, do no 
lations are experiments of probably harm." will have to be weighed 
little or no risk, which used radioac* against the fact that full consent 
live tracers to study various body was more the exception than the 
systems, and experiments on the ef- rule in medicine at the time. 

Fects of radiation, which apparently Nonetheless, the tests were all 
involved doses known at lhe time done on people the Atomic Energy 
to be dangerous. Commission considered dispos- 

In the former category are the able: prisoners, mental patients. in- 
experiments in which retarded boys di gents, blacks and pregnant (un- 
at the Femald State School were married?) women who were soon to 
fed radioac! i ve iron and calcium, f n give up (heir children for adoption, 

(he latter are injections of plutoni- Whatever researchers believed the 
um into 18 patients, and radiation risks to be, they chose Femald 
of prisoners genitals. School for their experiments. 

There is insufficient evidence to not Exeter, 
judge how’ great the medical risks — Jessica Mathews, commending 
were, or were then though l to be, or in The Washington Past. 


ture human experiments. The inter- 
mediaiy reported that Dr. Hamil- 
ton’s plan for the research “should be 
satisfactory" to the commission. 

In July 1947, EhnerAllai, an Afri- 
can-American railroad potter be- 
lieved to be suffering from boue can- 
cer, becan» the third and last subjed . 
to be injected with phttonhim at die 
University of California Hospital. 

Fragmentary records indicate that 
other radioactive substances — in- 
d uding polonium, americium and ra- 
dium — were injected into other, as 
yet unidentified human subjects. 

By 1948, protests against Unman 
radiation experiments woe bring 
raised is tbe Atonic Energy Com- 
mission. That fall, the dn»m«m erf ; 
the commission’s advisory committee : 
on biology and medkme, outraged 
that Dr. Stone was giving whole-body 
X-rays to arthritis patients, notified 
tbe radiologist that the commisskm's 
experts “do not wish (0 collaborate in' 
clinical investigations with physi- 
cians in whose considered judgment 
they do not have confidence." 

fit July 1949, the bead of the-cooh 
mission's division of biology and 
medicine wrote Dr. Stone thathe was 
“taking an increasmgiy dim view" of 
human experimentation. 

Undeterred, Ur. Stone defended 
the radiation experiments on. lhe 
grounds that he and his colleagues, 
not the commission, had tire tigfrno 
select tbe patients and choose the 
type of therapy. 


“a little of the Bucbenwaid touch.” 
Apparently, he found no volun- 
teers. As late as 1952, he wrote that he 
was “most desirous that the [radio- 
logical warfare} program continue to 
devdopas rapidly as^osSiWe.?, 

In 1964, two years before Ins death. 
Dr. Stone received an Atomic Energy 
Commission citation for “inspired, 
effective and pioneering leadership.” 
Dr. Hamilton died in 1957, aged 49, 
of a rare Cam of feakemut almost 
certainly caused by exposure to radia- 
tion. Mr. Sevens, the house painter 
who was his firs human subject, dwt 
of heart disease in 1966 at age 79. 

. .. Mr. Herken, chairman cf space his- 
tory, and Mr. Davids a researcher, 
bmh at tike Smithsonian Air. and 
Space Museum, contributed this com- 
ment to The New York tones. 


'Luxury Yon 
Can’t Afford 

By Hobart Rowen 

W ashington — it is no se- 
crct that tariffs and import re- 
strictions cost consumers a lot 
money. Anyone who bays a car in tile 
United States, whether it is domestic 
or imported, can assume tbai at least 
J3, 000 of the pace paid to the dealer- 
- results from “voluntary” quotas on: 
Japanese', cats that permitted both 
American and Japanese companies 
to boost prices throughout the 1980s. 

• In a recent report, the GATT dt- 
rector-gauiraL Peter Sutherland, esti- 
mated tfaal one-third of the final cost 
of a car in France is attributable 10 - 
. French quotas on imports. - ■ t 
Tlhtf assumption Ms been that if 
there are costs like these to be borne, . 
at least the major beneffriatres are 
workers -whose jobs have been pre- . 
served. Wrong,, according to dramat- 
ic data gathered by Gary 1 C. Huf- _ 
bauer and Kimberley A- EDrott and 
punished this week by the Institute 
for Irtte mationa l Economics. 

In a new book, “Measuring the . 
Costs of Protection in the United 
States,” the authora calculate that in ' 


The evidence suggests that he cotn 
tmuedrbis wok atTaguna Honda, a 
county-run home for the ridedy in 
San Francisco, with financial support 
from the University of California. 

. Dr. Hamilton also continued cx- 
perimentmg long after tbe war. By 
■ the late 1940s he had helped persuade 
die army to cany out npilot experi- 
ments on a fairly large, scak" of his 
radioactive aerosol idea. 

La October 1949, the army con- 
ducted (he first of six tests of radio- 

Grmmds in Utah. 

chairman of the panel of experts who 
advised the army on the tests: 

A year later he wrote to the Atomic 
Energy Commission; about the possi- 
bility of finding healthy human vol- 
unteers to inhale near-lethal doses of 
radioactive aerosols — acknowiedg- 


about $70 billion in higher prices be- 
cause of tariffs and quantitative re- 
strictions. Of that total, about $16 
billion goes, to the federal govern- 
ment in higher tariff revrinteL lhat 1 - 
leaves S54~biUion. of which 80 per- 
cent, of $43 Union, goes to producers < 
in 21 protected industries, who can ' 
boost theirshareof tire market — and 
besides, with competition from abroad * 
diminished, raise prices. ' 

The authors that of the , 

543 hfflran bonanza for industry, not 1 
more than $4 billion goes to roughly -'' 
190,000 btn*coffar workers who re-"- 
t gin their jobs as a result of the pro- 1 
tectiazrist tariffs or quotas. 

On average; the cost to consumers 
for saving each of those jobs is ' 
5170.000- a year — or six times tire' 
average annual pay (wages Plus bene-; ■ 
fits) of manufacturing workers. ’* 
That is merely tbe average. The 1 


annual cost of saving a job by pro- 
tectionist strategies is more titan ' 
•' $400,000 each in 10 of 21 long-pro- ' 
tected industries. 

. Tbe anthers demonstrate that * 
countervailing duties and anti-dump- 
ing penalties on foreign suppliers of* 
sted since 1992 have saved the jobs of- ' 
1 J239 American steelworkers, each at 
.acort to consumers of 5835,351. '< 

. The arithmetic of the sted case is ' 

• this: Duties and penalties wtH re- 
duce imports by about 30 percent 
and generate an average 4 percent 

- rise m domestic prices. U.S. steeF 
producers thus benefit by about - 
$657 million, while consumers ex- 
pend an extra 51.035 billion for (he 
sted products. .The government’s, 
tariff gain is $318 million. 

To datCv tbe .Omton administra- . 
lion, has resisted pressure from De- 
troit to reclassify minivans and 
sports utBity vehicles (mostly Japa- 
nese) as light trucks, which pay a 
punitive^ percent tariff, a hang- 
over from a 1960s trade dispute with 
Europe known as (he “chicken war.” 
The authors estimate that consum- 
ers would lose 5987 milli on if De- 
troit should get its way, saving a 
minuscule 203 jobs. That would 

• place the per-job cost to consumers 
at more than $4 million each. 

Detroit would stiD like to find a 
way, through trade protection, to 
choke off imports of Japanese mini- 
vans and utility vehicles, ft would be 
nice to think that public attention to 
the Hufbaner-EOiott $4 mflDcra-pcr- 
jbb calculation will end this nrisenief 
for all time. 

Tbe.good news is that the recent 
GATT agreement will cut these hor- 
rendous charges on consumers all 
over the world. In the United States, 
consumer costs for protectionism 
win be cut by $32 billion over time. 
The most heavily protected Ameri- 
can industrial sectors, apparel and 
textiles, which now account for $24 
billion of the $70 billion that con- 
sumers must fork ova, will lose 70 
percent of their protection. 

One hopes that the Hnfbauer-EI- 
liott work wffl be closely studied, es- 
pecMy by those who opposod the 
North American Free Trade Agree- 
ment in the mistaken view that they 
were taking a pro-jobs position. 
Among other things this new study 
demonstrates once agnin that protec- 
tion seldom leads to renewed growth 
in a declining industry, and that jobs 
“saved” not only are saved at great 
cost but are not very good jobs. 

. - It js better economics, more com* 
p ass i onate and cheaper to pay extra- 


rags and finimry retraining and/eff 
rejocapsm for workers squeezed out 
of thrir jobs by competition and new 
technology. 

The Washington Post. 


IN OUR PAGES; 100 , 75 AJNP 50 YEARS AGO 
1894 : Journalists Clash the quais at Courbevrtie and As- 


CAIRO. — Considerable sensation 
has been caused here by an assault 
made upon M. Paul Campaaa, chief 
editor of tire French journal the 
Etcik. He was attacked yesterday 
.evening [Jan. 12] by five ItaHans, who ■ 
proceeded- to stoke him on tire- head 
wifo ltic^ rcscrym and loaded sticks. 
EEs c ond iti on is very serious. Three 
Italians were arrested. They belong-" 
to.the staff of the Italian journal -the 
Comen. Eytfami of Alexandria, 
This premeditated outrage has-, 
aroused considerable excitement in 
the Fiench colony here, it is lhe 
result of a violent polemic in the two 
journals on the policy erf Jialy and -, 
the riots at Aigues-Morles. 

1919: . Seine Subsides 


the quais at Cowbevoie and As- 
mirw. There was only 5m. 19cm. [17 
feet] of water at the Pont d’Anster- 
Iitz yesterday pan. 13]. The recent 
rams have caused a slight rise of the 
Grand Morin. On the Mother hand, 
the Loire and its tributaries are sub- 
siding, as is also the AlBer. 

1944r Fierce fighting 

LONDON — ■ [From . our New York 
edition:] The Russian Anny bear 
back,, \fierce” Ge r man counter-^ - , 
tacks. ocr the road to R umania for the 
. . second straight day yestadsy [Jan. 
,13] in perhaps one of the dcative 
tattles of the winter, kOfixu 3J0OO 
S* “extremely fierce figbt- 
m&. wink other forces extended the 
salient into Old Poland w a 
l^Wrifonwer [gO-mile] fiord. The 


to have passed. The Quai dela Gare 
in how completely' diy, as are also 


a nt - ^T caw *** “Be races -of Ger* 







w- ■- , : r 


.V w p? .-JV,. *■•'■ ; ,• . * ~ ’ ‘ 

;. ,P ”“ ^ ’ r '"' f*" '« ■* - • -> f c.-\-_ C . - — ■ . .. 




lhl>usp 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


-PINION 


as i^ssiiianlx>mpetent 

By William Satire .. 

tiveneis:.! She did not want those 
JT J* have womed sick Whitewater and Madison papas ex- 

5 *2* ? 8 - b*a« flay ®*y sboSlT » he 


figSSKer 

™TJS2£ft. “““A,** P“- ■ what should the attorn 


pas concealed by the Clinton subpoe- We’ve sees how^^EC^ 
a^c^Ilnsjon with the Justice darcotmsdprovedtobeapatsyprose- 
S5RHE T ^ Fosto- inadfr a eator, bdwl&a -to the Justice Depart- 
pitcn ion the lucrative legal business meat. This one should prepare for the 
®, r °w D S ou £ of the collapse of court tqipointnieiit of a truly indepen- 
the Madison S&L. dent prosecotor whm {WarDra 


But nowhere in this document, now to Gd^dmt &S3TZ/ZS 
Fni? , ac ^ rvc investigation by the month by wrapping np the- “pxeKmi- 


FDIC, is there any mention that the naiy?’ investigation needed to seek 
— coun-^pcanted cotmsd. 

w , That means sending the FBI to 

Ignorance may be Mrs, spend long hours with James McDou- 

fw*, ?„ J_r , , .. . who ran Madison and says he has 

IMnton s defense, but it IS not yet been asked one Whitewater 

an embanxasing one for 

a sophisticated Unoyer. 

Hillary 9 * professional H * 10 aaw ' ^ a e cnts w ffle ,,30r 

J m r J reports, then take sworn grand jury 

reputation is at risk. testimony ‘and compare tie stories. 

1 Then talk to the Clintons. 

: -Meld the separate Foster and 

Rose firm had represented -Madison Whitewater investigations quickly 
when it was open. Mr. Foster was (which the president’s lawyer fears, as 


Ignorance may be Mrs. 
Clinton’s defense, but it is 
an embarrassing one for 
a sophisdeated lawyer. 
Hillary’s professional 
reputation is at risk. 


when it was open. Mr. Foster was (which the president’s lawyer fears, as 
asking the FD1C to hire the fim in shown in his request to keep subpoe- 
effect, to sue its previous clients — ^submerged documents from Jos- 
which strikes me as an egregious con- dee’s lackadaisical Foster probers), 
flict of interest, and double the agent manpower. 

Mr. Foster mig ht have wmKwt that What, should Congress do? Senate 


Mr. Foster mig ht have wmKwt that What, should Congress do? J 
failure to disclose the Rose firm’s con- leaders, after badgering in these 
flic ting representation — not to men- passed the independent counse 
tion Fullary Clinton's investment con- 1 m thc House, Judiciary diainnai 


nection in Whjtewaier Dcvdoptnent Brooks voted it out of committee but 
with the bank's former president — ' could not get the Rides Committee's 
placed himself, the first lady and oth- attention; Speaker Tom Foley’s mis- 
ers in Hangw of prosecution plaoed prion lies kept it from passage; 

Section I GO 2 of the Cr imin al Code; now he should make it Item One when 
making false statements to the govern- Congress reconvenes. Let the presi- 
ment, which includes covering up dent sign it and let Ms. Reno go to 
“a material fact.” court to swing two gates: Iraqgate 

Mr. Foster had reason to as- and Whitewatergate. 



LETTERS TO THE EDITOR 


Hitmans as Lab Animals He Wasn’t Asking for That 


It is. of course, important to com- 
pensate the victims of the h uman radi- 
ation testing carried out in the United 
States. It is also important, however, 
to clearly identify the politicians who 
ordered or tolerated the Nazi -like ex- 
periments, as well as the scientists and 
technicians who eagerly or cowardly 
engaged in these crimes against hu- 
manity. Such mimes cannot be justi- 
fied by reasons of national security. 
They should be punishable irrespec- 
tive of whether they were committed 
in actual war or m cold war. Nor 
should they be subject to the statute 
of limitations. 

JQZEF GOLDBLAT. 

Geneva. 


sume that his former partner, Mrs. 1 nen nave nouse uanarng umumi- 

Clinton, might soon be subject to tee hearings. Chairman Henry Gonza- 
scrutmy for her representation of fez, hero of Iraqgate, is ducking his 
the Madison S&L when it was seeking educational responsibility on this 
fresh capital to avoid insolvency. scandal. Liberal Republican Jim 
As the bank’s attorney, she. was an Leach of Iowa is carrying the ball; Mr. 
"independent contractor” under Sec- Gonzalez should make it bipartisan, 
lion 3(u)4(Q of the Federal Deposit What will the president do? With 
Insurance Act. She should have HfllarjTs professional reputation at 
known ***** the insured was engaging risk, full disclosure is not a realistic 
in “unsafe or unsound practices 3 option. Expect the limited, modified 


tion 3(u)4(Q of the Federal Deposit 
Insurance Act. She should have 
known that the insured was engaging 
in “unsafe or unsound practices” 
that ultimately cost insurers — : U.S. hangout route, 
taxpayers — 3*0 million. The N< 

Ignorance is her defense, but an em- 
banrassing one for a sophisticated law- 

E r; as Judge Stanley Sporlrin pm it in 
5 1990 Keating deebiori, '‘Where 
were these professionals?” 

No wonder the president's wife 
— apparently one of “these profes- 
sionals” — was willing -to subject 
her husband to the slugs and arrows 
that always follow White House far-. 


Then have House Banking Commit- The revelations concerning the ra- 
e hearings. Chai rman Hairy Gonza- diation testing on human guinea pigs 
%, hero of Iraqgate, is ducking his in the United States demonstrate once 
locational responsibility on this again that nation-states are not gener- 
andal. Liberal Republican Jim afiy concerned with the well-bong of 
sack of Iowa is carrying the ball; Mr. their citizens. The military-industrial 
onzalez should make it bipartisan. complex is arguably the best (or 
What will the president do? With worst) illustration of this, 
diary’s professional reputation at There is a tendency to equate these 
ik, roll disclosure is not a realistic methods with fascist regimes, but this 
ition. Expect the limited, modified is not necessarily so, even if there are 
ngout route. similarities in scale and strategy. Con- 

The New York Tones. sider, for example, the official sale of 

contaminated blood for transfusions 

— — — — — —j in some European countries. 

Letters intended for publication Man's i nhumani ty to man is cer- 
shouM be pddretsed * Letters to die tainly not restricted to the foreigner. 

Editor” and contain the writer's sig- the stranger, the other. If only it could 

nature, mate and fidl address. Letters be widely realized that our common 

should be brief and an sutqc ct to enemy is the lust for power, the mala- 
ettoing. We cannot be responsible for dy of so many politicians. 

the return of unsoSated manuscripts. STEPHEN AYRTON. 

' Issirac, France. 


hellers intended for publication 
should be addressed * Letters to die 
EtBiar” and contain tite writer’s sig- 
nature mute and fidl address. Letters 
should be britf and an sutfect to 
editing. We cannot be reversible for 
the return of iauoScitedmamtsapts. 


Regarding " The Court Allows the Thief 
to Make Out Like a Bandit ” (Meanwhile, 
Dec 3 ) by Richard Cohen: 

An Old Testament atmosphere prevails 
in America in discussio ns of justice: an 
eye for an eye; lei the punishment fit the 
crime; and Mr. Cohen’s “once he chose to 
become a menace to society, he was not 
entitled to be compensated by it” Per- 
haps, but paraplegia seems a bit stiff for 
an unarmed mugging. 

One can reasonably decry the lower 
conn’s $4 J million award to the injured 
mugger, Bernard McCummings, which 
the "Supreme Court upheld, but Mr. Co- 
hen goes further. He comes dose to 
justifying the shooting of Mr. McCum- 
mings on the ground that the latter could 
have (tilled his victim and that if he had 
not been shot and paralyzed be might 
have mugged again. 

Mr. Cohen writes that this case; “its 
individual H ' m nn «nnvH! aside, illustrates 
that unmeiiifng has gone out of whack in 
America’s criminal justice system.” But 
when cases are tried on other than indi- 
vidual circumstances, that is when a jus- 
tice system is out of whack — and be- 
comes a political tod of those in power. 

CHRISTOPHER HOUSTON. 

Mlirm 

No Monopoly on Protection 

Regarding “ France Can’t Kick Protec- 
tionist Habit" (Business/ Finance, Jan. 
11) by Reginald Dale: 

Before accusing France of protection- 
ism, the author should perhaps have 
read the article a few days earlier head- 
lined “US. Reduces Imports of China 
Textiles by Up to 35*” (Jan. 7). That 


A Sarajevo Story of Friends 
Helping Friends Helping . . . 


By Edward Serotta 


move by Washington is described in the 
same article as haring ’’the effect 
of protecting the US. textile industry 
From cheap imports.” 

If a “deep-rooted protectionist philos- 
ophy” indeed exists, it is surely no worse 
in France than in the United States. A 
thorough study of effective duties would 
probably show greater reductions in 
France over the past 50 years than in 
the United States. 

H. P. BERNARD. 

Paris. 


Thft F ilmmak ers’ Terrain 

Regarding "This Audiovisual Pie 
Grows for Air (Opinion. Dec 21) by 
Guillermo Jimenez : 

In blasting American cinema, Mr. Ji- 
menez seems to forget some of the “chal- 
lenging and beautiful films” that Ameri- 
cans have made, such as “Gone With the 
Wind,” which was noted for its scenery, 
costumes and rich dialogue. As a cultur- 
ally superior French example he dies 
“Indocnine,” which was fumed in the 
American epic style, but which featured 
dialogue that was far short of the ex- 
changes between Rhett and Scarlet. 

Many French commentators, trying 
to attribute the same exclusive cachet 10 
their filmmaking as is attached to their 
smaller traditional industries, like wine- 
making, have armed themselves with a 
cultural self-righteousness, denouncing 
American films as trashy and popular, a 
threat to their own elite ait-film culture. 

But American films are not about to 
overshadow hundreds of years of 
French culture. Nor does the fact that 
they are produced on a large scale neces- 
sarily mean that quality is sacrificed, as 
it would be, say, in an overproduction of 


S ARAJEVO — Zeyneba Hardaga is a 
77-vear-old Muslim woman living in 
Sarajevo. She has a letter from the Israeli 

Foreign Ministry asking all those who 
come in contact with her to aid her in 
any way possible. The Jewish communi- 
ty sends a doctor several times a week to 
look in on her. The American Joint Dis- 
tribution Committee, which aids Jewish 

MEANWHILE 

communities in need throughout the 
world, ensures that her family receives 
food packages regularly. And recently a 
Jewish woman in the neighborhood 
knitted a bright pink sweater for her 10- 
year-dd granddaughter. 

During World War □, Mrs. Hardaga 
learned a costly lesson from her father. 
“You do not abandon your friends,** be 
told her. This was his explanation for 


Bordeaux wine. The terrain available to 
filmmakers is limitless, and it should 
also be borderless. 

What makes a film successful? The 
wav it tells a story. And French story- 
telling differs greatly from the American 
approach. The French emphasize mood 
and nuance, while Americans go in for 
action and solid development of charac- 
ters to whom audiences can relate. One 
can see why good scripts have been 
bought from the French only to be 
redone a TAmiricaine. 

Rare is it that the French attempt 
themes risky to their own image. And 
yet French cinema is expressive, often 
poignant and creative, a strong source of 
cultural expression that should be sup- 
ported not through chauvinism but 
through openness and exchange. 

T. FRANCOIS. 

Paris. 

From the Bottom Up 

As an American living in Paris. I am 
dismayed when I read about crime, 
drugs and the general malaise in my 
homeland. When I ponder why 1, grow- 
ing up as a young American, manag ed 
to avoid the destructive path followed 
by so many others. I realize that it all 
has to do with family. 

I had the good fortune to have won- 
derful parents who gave ns not just fi- 
nancial but emotional support. I never 
needed drugs: my happiness came from 
my family. I now have a wonderful hus- 
band and child. This treasure is attain- 
able by anyone: it has nothing to do with 
money or social status. 

So it seems dear that if America is to 
rebuild it must begin at its roots. 

MARIE A. SOLEEBY-BOSSUT. 

Paris. 


why the family was hiding and protect- 
ing a Jewish man during the Nazi occu- 
pation of Bosnia. Later Be gambled with 
his own life to bring food and clothing to 
imprisoned Jewish men. Someone in- 
formed on him, and Zeyneba's father 
lost his gamble and his life. 

In 1985, Zeyneba and her aster were 
flown to Israel, and at the Museum of the 
Holocaust became the first Muslims to 
receive a Righteous Gentile Award, the 
honor given to those noo-Jews who hero- 
ically rescued Jews from certain death. 
Her sister is now dead, and Zeyneba 
shares an unhealed seventh-floor apart- 
ment with her daughter Aida, son-in-law 
Branumir and granddaughter Stella. 

As Zeyneba has but one leg, her life is 
reduced to the room where the family 
keeps a wood-burning stove. Her home 
lies behind Serbian Hues, and when she 
left it, she brought little other than those 
items she holds most dear: her medal 
from Israel, a scrapbook of pictures 
from that trip and the precious citation 
from the Museum of the Holocaust — 
its edges now frayed from handling. 

Aida faces the pitch-black stairwell 
several times a day, and does so alone, as 
Branumir suffers from multiple sclero- 
sis. She lugs sacks of wood, containers of 
water and boxes of food. One day last 
month a mortar shell landed just in front 
or her apartment bouse, killing five per- 
sons. Her kitchen window faces the 
Serb-held mountainside; Snipers »atre an 
occasional pot shot. Two bullet holes 
mar the apartment's walls. 

With Zeyneba in failing health, the 
Jewish community’s doctor, Srdjan 
Gornjakovic, visits as often as he can. 
One time he even took her to the hoqri- 
tal carrying her down seven flights of 
stairs while Stella and Aida led the way 
with candles. Sometimes be spends the 
night, so afraid is Zeyneba when the 
nightly shelling starts. Last week the 
shelling was so intense that Srdjan could 
not make it over, and Aida could not 
fetch wood, water or food. 

The presidaii of the Joint Distribution 
Committee, Milton Wolf, monitors Zeyn- 
eba's condition by radio every week from 
New York. “Mrs. Hardaga mil die if she 
remains there,” be said. She has an invita- 
tion from the Israeli government to live in 
that country, but for reasons no one un- 
derstands, she refuses. “As far as we 
know ” Mr. Wolf added, “the Bosnian 
government has not okayed their names 
for the next convoy out of Sarajevo, 
but we’re trying like hefi." 

“I wonder il anyone has thought of 
the obvious,” he added with a sigh. 
“While it’s nice to commemorate a hero, 
the problem is she is alive now, and the 
woman who would not abandon the 
Jews should not be expected to abandon 
her family. Not in Sarajevo” 

The writer is a documentary photogra- 
pher based in Berlin. He contributed this 
comment to The Washington Post. 


The 25 key world markets 
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In “The Interactive Adventures of Seymore Butts,” the CD-ROM plays results of the viewer’s choices. 

Porn on the High-Tech Frontier 


N 


By John Tierney 

Hew York Times Service 

EW YORK — To be linguistical- 
ly fashionable in Silicon Valley, 


the killer application for a new technology, 
the /unction that makes a gadget appealing. 

A killer app can be something like the 
spreadsheet software that induced business- 
es to boy the first desktop computers. It can 
be something for the home, like the video 
games that popularized living-room comput- 
ers. And, as crowds at trade shows nave 
discovered in the past year, it can be some- 
thing for the libido. 

The sensation at recent computer exposi- 
tions has been a new group of booths sur- 
rounded by black curtains. Inside are high- 
tech peep shows: interactive videos on CD- 
ROM featuring naked Penthouse models 
and hard-core porn actresses who respond to 
commands from a keyboard. 

The computer industry has professed 
shock — the X-rated material has been 
banned from one trade show and from most 
computer magazines’ advertising pages — 
but m retrospect it seems quite predictable. 

Ill the history of co mmunicat ions technol- 
ogy, sex seems to be the most enduring killer 
app. For reasons both obvious and mysteri- 
ous — explanations variously die the work 
of Newton, Freud, and Beavisand Butt-head 
— sex has had a peculiarly creative impact 
on commumcations- 

Sometimes the erotic has been a force 
driving technological innovation; virtually 
always, from Stone Age sculpture to com- 
puter bulletin boards, it has been one of the 
hist uses for a new medium. 

“We want to humanize the products we 
invent, and sex is so fluid that we can find a 
use for it in any new situation,” said Nichol- 
son Baker, the author of “Vox," a recent 
novd about telephone sex. “It’s hard work 
adopting a new technology, and we need 
some sort of compulsion to do it, so I sup- 
pose sex serves some purpose there.” 

The erotic technological impulse dates back 
at least to some of the earliest works of art, the 
so-called Venus figurines of women with ex- 
aggerated breasts and buttocks, which were 
made by firing day 27,000 years ago — 15 
mzBcmnums before ceramics lechncfogy was 
used for anything utilitarian like pots. 

The oldest known literature, recorded by 
the Sumerians in cuneiform on clay tablets, 
includes poetry celebrating the sweetness of 
a woman's lips and vulva. 

When Gutenberg’s press brought the writ- 
ten word to the masses in the late 1400s, it 
didn't take long for printers to discover that 
the masses wanted more than Bibles. A book 
of erotic engravings depicting lovemaking 
positions, published in 1524 and suppressed 
by the pope, inspired a collection of sonnets 
by the first modern pomographer, an Italian 
named Aretino. Successors followed with 
works like “La Putiana Errante" ("The Er- 


rant Prostitute”), in 1531, and a famously 
innovative book, “L’Ecole des FUles” (“The 
Girls' School"), published in France in 1655. 

One of the fust movies, made by Thomas 
Edison, was a bit of realism called “The 
Kiss," and a pornographic film industry was 
thriving by the 1920s. Government regula- 
tion kept sex off radio and television air- 
waves, but eventually parnographers helped 
establish new audio and visual twghwning foc 
for getting into the home. 

Now that cable-television and telephone 
companies are rushing to fink American 
homes to fiber-optic networks, it is probably 
worth recalling what happened in the early 
1980s when a prototype of the information 
highway was built in France. The French 
system, which provided millions of homes 
with terminals linked to a computer net- 
work, is described by Howard Rheingold in 
his recent book, “The Virtual Community.” 

“The French government hired academics 
to do all kinds of studies anticipating the 
wholesome things people would do with the 
terminals, like check classified ads or rail- 
road schedules." said Rheingold, a journalist 
based in San Francisco. “To their utter sur- 


‘ Killer app 9 is only the 
latest manifestation of sex 
in the history of 
communications technology. 


prise, what the French really wanted to do 
was talk dirty." 

Why is the erotic so closely finked to new 
technologies? The simplest explanation is 
that sex has always been one of those topics 
that interested communicating humans. But 
it is not just another topic. 

“Pornography is always unsatisfied," said 
Walter Kendrick, author of the 1987 book 
“The Secret Museum: Pornography in Mod- 
em Culture" and a professor of English at 
Fordham University. “It’s always a substi- 
tute for the contact between two bodies, so 
there's a drive behind it that doesn't exist in 
other genres. 

“Pornographeis have been the most in- 
ventive and resourceful users of whatever 
medium comes along because they and their 
audience have always wanted innovations," 
he added. “Pornograpbers are excluded From 
the mainstream channels, so they look 
around for something new, and the audience 
has a desire to try any innovation that gives 
them greater realism or immediacy." 

Another reason for audience enthusiasm 
has to do with demographics: Men are the 
chief consumers of pornography, and men 
are also the main enthusiasts for new com- 
munications gadgets. 

Is this just a coincidence? The feisty 
academic Camille Pagtia has argued in her 
book “Sexual Personae" that developments 
in art and technology are related to the male 


sex drive: “Phallic aggression and projection 
are intrinsic to Western conceptualization. 
Arrow, eye, gun, cinema: the blazing light 
beam of the movie projector is our modem 
path of Apollonian transcendence." 

If sex is always aL the technological fron- 
tier, then today’s true pioneers of communi- 
cations are at Interotica. the CD-ROM com- 
pany responsible for “The Interactive 
Adventures of Seymore Butts.” The compa- 
ny consists of recent college graduates who 
work in an office near the Santa Monica 
beach in California. 

“I was hoping to do a title about the 
Amazon rain forest — something interactive 
that would enable you to navigate through it 
as yon learned about the ecology," said Law- 
rence Miller, a founder of Interotica. But as 
he and his partners wondered how well the 
rmn forest would sdL they realized that there 
was a more attractive ecological niche to be 
filled, and their computers have been busy 
ever since mechanizing sex. 

One afternoon, for instance, a computer in 
one comer of the office was dutifully con- 
verting a hard-core pornographic film into 
digital data for a compact disk. Such digita- 
lizing makes possible products like the “Sey- 
more Butts" film, which is shot from the 
point of view of a narrator wandering 
around Los Angeles. Ft begins with him 
spotting a young woman in shorts. He goes 
up to her and introduces himself, and then 
the action stops with her face frozen on the 
screen. "Geez, she’s beautiful." the narrator 
says. “For the first time in my fife, I'm 
feeling a little tongue-tied. Come on, man, 
help me ouL What should I say?” 

The viewer sees a list of choices on the 
screen: Slink away; Ask her out to dinner; 
Invite her to join him in a hot mb. If the 
viewer selects the hoi mb. the action resumes 
with her dapping the camera. If he chooses 
dinner and makes a series of correct choices 
later, he is rewarded with sex, seen in explicit 
detail from the narrator’s point of new. 

T HE baric appeal of these products 
was probably best expressed by 
MTVs Butt-head, when he ob- 
served to bis companion Beavis: 
“It would be cod if girls just did what you 
wanted 'em to." It is a philosophy that has 
offended many women and prompted a few 
to produce alternatives. 

The most viable is lisa Palac, editor of 
what is trilled as “the only erotic magazine 
for women and men that combines the two 
most popular and powerful subjects of our 
time: sex and technology." The magazine, 
founded in 1992 in San Francisco, is called 
Future Sex. 

“Most women.” Palac said, “are reacting 
to computer pornography by saying, ‘On, 
great, here’s another field that’s going to be 
contaminated by these sexist views of wom- 
en.' I take the opposite view. The link be- 
tween sex and new technology is always 
going to be there, and I think women should 
get involved. We need to create our own 
erotic titles that appeal to women." 



DO YOU LIVE IN THE U.S.? 

THE INTERNATIONAL HERALD TRIBUNE IS NOW PRINTED 
IN NEW YORK FOR SAME-DAY DELIVERY 
IN KEY CITIES 



If /// tun 


J 


Kitsch, Salsa and Tequila in Mexico City 


By Jobs Brunton 


M exico city — Amnumos u 
salsa, mam bo, merengue and 
rumba. It’s tequila and mescaL 
A showcase far lop bands from 
Cuba. Puerto Rica, Mexico and Colombia. 
And it’s the hottest nightclub in "Mexico 

City. Sure, there are mega discos like Magic, 

and techno-pop bars in the Zona Rosa, but if 
you have one night out in Mexico City, bead 
for Antfilanos. 

The music is always live, and tire thou- 
sand-plus crowd is there with one aim: to 
dance. The clientele ranges from teenagers to 
60-year-olds, and Mexican, socialites jostle 
for floor space with their chauffeurs. 

There’s no beer, wine or Perrier, just 
tequila, rum and whiskey, by the bottle, 
with all the mixers you can drink on 
the house. With or without a drink, no 
one can resist the salsa rhythms for long, 
and no matter how bad a dancer you are, 
it’s impossible to stay in. your seat. 
Three bands play nonstop each night. 


and the dance floor, is jatn-packed from 
9:30 P.M. until 3:30 in the moraing. 

Don’t expect designer decor ■ — Antillanos 
is pure kitsch. The only real doorpolicy is that 

tbr nry^ i ^ K^T n rrritTthegntrancesearcfaes 

you far a gun. Although tbs may sound 
. heavy, it’s ft wise policy m Mexico CSty, and 
one gfibennm reasons the chib is sopogmlar 
is that there are never fights. 


■And you thought nostalgia was, 
like, spontaneous. A press release from a 
consorting firm called The Nostalgia . 

. Brokers tells ns about “Remember 
Pinball," a New York show of the 
“never-before-seen Gordon A. Basse, Jr. 
collection of pinball art and artifacts. 11 
There is also a dispfy of original set . 
designs from “Tammy" on Broadway, i 
These consultants play a mean pinbalL ■ 


Antillanos is an institution in Mexico City, 
arid even the president agnfld up<a cmg ht. 

Tte seoet trf w skosss is tttKkxttXedfy 

its e x tr ov ert owner, Lms Hareia Gutimcs, a 
man devoted to dancing and bringing the top 
hands tn Antillanos. Is fact, he al m ost daoccs 
in his -seat while' he’s t a lkin g to you. He is a 

- ffi ^nip rri n g character, with a diamond glint- 
' iag in Ms front tooth, fingffs weighed down 
with jewetaacrasted rings, andjtfflaip. sfriny 
1940s suit. He looks 60 , but is 78- ■ • 

“Saba,” he says authontativety, “doesnt 
f -s ji ff , IPs an expr e s si o n for gri n gos . What we 
playhercis Afro-Anjfflanomuoft which cov- 
ets evejythingfrom mambo and merengue, to 

bossa nova and rouiba.” • • • ■ . 

Antillanos ; Francisco Pimentel 78, Cotoma 
San Rafael Tel: 592-04-39. Best nights are 
Friday and Saturday, when it's worm tele- 
phoning to reserve a table. Entry: 40 pesos 
(SI 3). Drinks: 275 pesos far a bottle ofietpdla, 
non or whiskey. Snacks are saved, but not 
mads. . .. - 

- John Brunton is a free-lance writer and 
photographer. 


f. **4 

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■:;psA 


fti tun 



. < v 

r * 


Kevin Bacon in “ The Air Up There,” left, and director Adam Resnick with Russ TambUn from " Cabin Boy. 1 


Many Happy Baturas 

Directed by Toshiro Tenma. 
Japan. 

Kazuo, a perfectly ordinary 
young man, watches one or the 
many new religious groups in 
Japan proselytizing. He sees 
that it is a scam — complete 
with a fake miracle — ana, in- 
trigued, he tag; along. When the 
high priest is fired for believing 
inhis own powers, Kazuo — the 
most tractable of the group — is 
made priest in his place, when 
be. too, begins, believing, the 
controlling thugs move in and it 
looks like a fight to the finish: 
the sacred vs, the profane. But it 
is not, because among the many 
subtleties of this debut film is 
that the reality of faith is ques- 
tioned while its efficacy is uol 
A ny query as to the existence of 
God is elegantly sidestepped, 
while the need for something to 
fill the void is insisted upon, 
which is why the empty Kazuo 
ends up befitting. Tenma is an 
assistant to the famous TV 
comic and movie man Takeshi 


(Beat) Kitano, who wrote, the 
novel upon which the film is 
based and wberuve it to Tenma 
as a present The novelist ap- 


this makes the picture a Beat 
Takeshi film, h as certainly the 
best one he has yet made. 

(Donald Richie. IDT) 


Cabin Boy 

Directed by Adam Resnick. 
U.S. 

As Nathaniel Mayweatbcr. 

. Chris EDiott plays a pampered.- 
rich kid who accidentally wan- 
ders onto a ramshackle ship and 
becomes a cabin boy. During 
his adventures, he dimhs the 
ride of a mountain to find the 
seductive Calli, a six-arm ed 
vamp with sapphire-blue skin 
played by Ann Magnuson. He 
is bound to return, as he puts it, 
“a cabin man.” Elliott has 
played moronic innocence be- 
fore — as a 30-year-old paper- 
boy on the TV series, “Get a 
Life,"- and on “Late Night With 


David Letterman." But there is 
a limit to howmuch charm, and 
how many laughs, be can wring 
out of deadpan idiocy. The . ‘ 
hero's tongue-in-cheek encoun- 
ter with Calli is one of the few 
effective scenes in -“Cabin , 
Boy." a film as messy as die 

drip that Mayweatba stumbles- o. 
onto. Elliott *md Rcsmck (the 
co-creator of “Get a Life" and a 
former Letie n nan writer), took - 
Elliott’s persona — ;the, guy..-, 
who’sarrogard for no reason at ' _ 
aD — and tossed him into a' 'se* - 
of mock advwtu«?W<^ r *fr^, 

ly tacky ‘"pain tea' backgrounds. 
But recognizing stereotypes, 
isn’t the same as giving man 
good lines. . • ’ ■ . ’ 


Thw Akr UpTTwnr '■ * 

Directed by Paul M. Glaser. 

u.s. . ,; vi ; ; 

Proof of the uircr tinotional 
and mtrflectual fraudufence of 
^The Air Up There” — apata- 


aboot A^wis, basketball and 
a white, guy's life lessons — 
oojpes when its star, Kevin Ba- 
con, is required to dimb the 
sheer face of a mountain alone, 
bare-handed, no ropes, wearing 
sneakers. With a bum knee. We 
-' are asked to believe that Ba- 
con's character. a callow.coUege 
named Jimmy Dolan, 
. does- this as a. sacred manhood 
. rite of ttye Winabi, a fictitious 
rtraTEast African tribe We are 
-as£ed ; -:' to, believe that these 
tradition-rooted Afri- 
Dolan to 

becrane ouc of •than.-ine sto- 
ry’s most sinister conceilis that 
the villain is a fat, g rinning, cor- 
rupt, urbanized African named 
. Nyaga, who, through scheming 
and terrorism, tries to drive the 
noble Winata off their land and 
the mineral rights. Thus, 
the movie seems to say. the ene- 
my erf the African is his black 
brother, and it takes a white 
man to help him gain his self- 
respect 

• (David Mills, WP) 


\ • ar* *■ 

k J I* " 

.* - ■ 


m 


cio Him 


ACROSS 

1 Shrimp 

9 Hemingway and 
others 

14 “No Tune lor 
Sergeants" 
playwright 

151969 Super 
BowtM.V.P. 

ia Given simBar 
parts 

17 Kind of punch 


i> "The Twittering 
Machine’ artist 
it Drink of the 
gods 

ao Youngest 
M “Java* man 
2s Buckeye 
re From 
Trondheim 
re Element #5 
99 Rum cake 
3o Make a up, 
musicaty 


Solution to Puzade of Jan. 13 


□an saasa aaga 
qbq sasna □□□□□ 
□as 0DI30H sanaa 
□naoiaassaQaatncna 
□□□a naa ana 
naaa aQaan gang 
□as aaaa nan 
□EHoaaonnatigaanii 
son gaas nag 
□ □□a UQQQU EHiasI 

hqh naa aaaa 
BQaaaBanaauaaaa 
ODBoa auania ana 
QEHQB gaaaa aaa 
aaao uuaua auu 


93 Kitchen gizmo 
is Cover up 
39 Gridiron stat 
Abbr. 

*» River past Bern 
41 Dance line 
4a Repeat sign 

44 Pitcher Jim 

45 “Black Beauty* 
author 

4« Bridge, often 
so Become 
breathless? 

91 Juveniles 
52 “Peanuts' gkl 
99 Prattle 
59 Glue brand 
5t Watercdor? 

90 Poor 

91 Proceed toward 
the target 


i With. In 
Wiesbaden 
9 Ending with 
honor 

• Kind of sheet 

4 dels CM 

3 Goto holder 
9 1990 Levinson 
tarn 


7 Staircase piece 

• It catches some 
waves 

* Comte strip 
units 

10 ’Cocoon’ 

Oscar winner 

11 Page of music 

12 Fighting 
isHeight- 


© Map York Times Edhedby Will Short-, 


13 Jewish, for 
example 
se Capitol group 
w "You've Really 

Gat On . 

Me* 

92 Begets 
23 Jessica Rabbit, 
for one 
27 The duck in 
'Pater and the 
wort* 

29 healthful 
breakfast food 
jo intriguing group- 
si Rival of Sparta 
32 Has in mind 

s« Baby battles 
ao “Taxi Driver” 
director 

ar Sudden ouster 
40 Uke a swindler 
42 Zipped 



PiazMbyOteMwi 


43 First name ir 
mysteries 

44 Chaos 


ee Low card In skat 34 LXVUx 111 


49 Napoleon, twice *« Solo in space 
47 Dfeingertuous cry . - se Sendee mail 
4e Common rental drop: Abbr. 


ar Common base 


l*u UrJ**d 2 ilk Tin* V» liiri Tfanr> sndThr Seiuipw PiR 



HOLIDAYS & TRAVEL 


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International Herald Tribune 
Friday ; January 14, 1994 
Page 9 




'jj 


l 



CQsoi Sbfftn'ifityr 


A Riff on Music Schools 


By Mike Zwedri . 

International Herald Tribune 


B OSTON — Unsis a messagem a bottle 
Emm a countty where tbm?s loo xcuch 
*Tlat*^icai^]ddmdIareonhcH 
late in the evening in the ovaheated, 
snK4e-freeIx>ganaiipt^tmnbalbinl(fiiigmroote 
to Paris from L. A^a wajirng acoynyct^ g flight that ' 
took off three hoots Htefitm Minneapolis. 

He’s playing an mandible “Hoes for Alice 0 on 
an unplugged electric bass in an enqity gale- 
lounge. God Bless Leo Fender. 

The Kid wantstohe& mugriim. We had flown 
Paris-BosUm-Miaint-LA. and were now in transit 
back in Boston, looking « mrivemtiea that teach 
contemporary music, which has come to . mean 
jazz, rock, funk, heavy metal, tedmopop and wodd 
music. The seriods teadmg of innsac that is not 
“serious” began alJteddee College of Mnsic in 
Boston in the late *40s. There 
are hundreds erf schools now. 


concept has 


to 

is,L’AidadeMnskainBatcdo-- CORDS. tO JhUTOpd, Dm 

^ GeBG rgy remains 

The Beridee student popnfa- A m prira 
don of . 2^00 breaks down into HZ /UnGnGa * 

800 guitar players, 5001eyboar- ' 

dists, 500 ri n m im eiK and 250 
bassists, and if you can phy lead trumpet or bari- 
tone saxophone yotfrejusf about guaranteed aMl 

was dosed for Christmas. We met 
with Gary Barton, the dean of cptmflimi, who 
played the vibraphone with Stan Getz and Chick 
Corea sod was amoogthe first to cross tbe line 
between jazz and itick. He still does ISO gigs a year. 

M deanijtowpeanr Bedded transition firm only 


ahmutus, looks like a country dab and has one of 
the bcswonlemporary music programs (Pat Meih- 
eny was the' first guitar teacher). Bat the rn*m 
ptoMem will be to establish the American rebates- 
ticeqnivalcnl of a haccalanreate with honors from 
a Parisian fyde. Standards differ. And the people 
with the answers were an vacation. 

Once you choose to expatriate from the United 
Steles, it’s not so easy to get plugged back in. 
Distance forced ns to travel during vacation, a 
horror, and of course all the schools were dosed. It 
was hard to set up; faxes had flowed. You realize 
that yon are living in a crucial inch between the 
(MandtbeNew Worlds. Funny, you thought you 
-were expanding the territory. 

Somebody said that if you tipped up America, 
everything loose would slide into Los Angefcs. Bob 
Neuwirth, who is recording a song cyde with John 
Cale. met os for tea in Santa Monica, where we’d 
spent the afternoon baying denims, Reeboks, vita- 
wiwm, Crest, a Blunt T-shirt and stuff. He pointed 
out that 50 years ago the most 
beautiful women m America 
scut of slid down there to be- 
come movie stars and today 
their great-granddaughters are 
everywhere. He was kidding, 
bat it's no joke when you’re if. 

CalArts. 30 miles up the coast 
in Valencia, has the sort of laid- 
back energy that suits a city in 

— - — — which you leant to take care of 

u . business without losing your 

tea. Suitably founded by Walt Disney but not 
Mickey Mouse, h appears to be a place where as 
long as you can cut it to begin with you are sort of 
let loose to learn to do your own thing better. 
NararaDy well have to boy him a car and a 


m between. _ 

“It used to be that pop music was just a mil de r 
version of jazz,** be explained- “The standards 
wae the same. Thai Bejpm to diange in the *70s. 
Rock got its own repertoire and insthnnmiation. 
Tim recording stncfio itself became an ins tram ca L 
It’s constantly evolving-Tbe students in our school 
today will be at die peak of their c ar ee n fit, say, 
2020. We*re trying to gjve them the tools to be m 
the center of the action at that time.” ' 

We bought it It has been called a factory, but 
most -of the. graduates end up relating to music 
somehow and a Berklee degree is a sort of license. 
We bought the New England Conservatory toa A 
short walk from Bedtke, it is smaller and more 
classically oriented with a big-ticket faculty 
(GfiogeRusSeS,'Ran Blake) and has the hallowed 
dignity you’d expect from aNew Hngland conser- 
vatozy. Here I began toreaKccthat there institutes 
wanted a smart swinging bkxdtond student as 

much as we wanted them. _ . 

The Universriy of Mould, of which I am an 


synthesizer and . . . snap out of it. 

Fraget 800 guitar players wanting to be Slash or 
Jim Hall, the analysis of altered 1 1 th chords and all 
u the u n fien ffia r , inrimdatiog-prerequisite vocation- 
al acronyms. This was a vacation. r was traveling 
with my 18-year-old son, there was no filter be- 
tween ns. We had checked in and out, revived 
relationships with distant dose family and friends, 
reserved rental cars, navigated through vaguely 
remembered does, .been. op for important inter- 
views. Each move had been like a roadblock, and 
the Bottom Line is that neither one of us cracked. 

Ob, I almost forgot On New Year’s Eve, we 
went to a party near Fairfax where we met Lisa 
Maxwell, who led the female horn section on tour 

with Guns N* Roses. She went to Bailee. She has a 
saxophone tattooed on her pelvis. She showed ns. 
We have to board. ■ 

Wchave decided togo for all four schools. We’re 
fl yin g on an airfine with the hip-boppy name 
NWA. The final rampart will be getting through 
French customs with a four-track mixing table and 
two bass guitars, including the expensive Martin 
for which we made an on-th e-edge deal with a 
gimg-ho merchandiser on Ventura in The Valley. 


/// .UTS WISE 


AUSTRALIA 


Sydney 

Opera House, tel: (2) 250-7777. 
Mascagni's "Cavalleria Rustieana," 
with Claire Primrasa/Maria PoWcina, 
Heather Begg, Kerry Elizabeth 
Brown, and Leoncavallo's “Pag- 
Kacci." with Amanda Thane/Olga 
Savina, Kenneth Collins, Lindsay 
Gaffney. Feb. 7. 10. 14. 19 ana 22. 


Mondays and Tuesdays. To March 0: 
"Seven Florentine Heads: 15th-Cen- 
tury Drawings from the Collection of 
Her Majesty the Queen." SHverpoim 
1 leading dr a f ts men of the 


AUSTRIA 


Vienna 

Kunsttorum der Bank Austria, tel: 
(222) 531-24, open dally. To Feb. 
20: "Barock in Neapel." Paintings 
and sketches of the Neapolitan 
school ot Baroque in the 17th and 
18th centuries, Including the period 
between 1707 and 1734 during 
which the Austrian Habsburgs 
reigned as viceroys in Naples. 


BELGIUM 


Brussels 

Musde cTArt An den, tel: (2) 508- 
32-11, cJosad Mondays. Continu- 
ing /To Feb. 27: "Les XX et La Libre 
Esthetique. Cent Ans Apres." Fea- 
tures the works exhibited under the 
aegis of the two audacious Belgian 
associations between 1884 and 
1914. Includes works by Seurat, 
Bonnard, Einsor, van de Velde and 
Khnopft, among others. 

U Mormate. tel: (2) 218-12-11. 
Jonathan Harvey's ’’Inquest of 
Love." A 1992 opera, directed by 
David Pountney, conducted by Lionel 
Friend with Barry Banks, Peter Cote- 
man- Wright and Linda McLeod. Jan. 
23 (premiere), 25, 28, 30, Feb. 1, 3 
and 5. 


BRITAIN 


Cambridge 

The Frtzwifliam Museum, tel: (223) 
332-900, dosed Mondays. To May 
1 : “Hiroshige: Snow, Moon and Flow- 
ers.” Three landscape Irtptychs as 
wen as angle-sheet prints, including 
"Autumn Moon on the Tsmagawa. 
Glasgow 

Scottish Opera, tel: (41 ) 248-4567. 
Donizetti's "L'EJtsIr d'Amore." Di- 
rected by Giles Havergai. conducted 
by Marco Gudarani /Stephen Clarke, 
with Paul Charles Clarke. Cheryl 
Barker, and Simon Kennlyside. Feb. 
1,3, 5. 7. 9 and 11. 

London 

Barbican Art Gallery, tel: (71 ) 638- 
4141. open daily, to April 24: "All 
Human Life: Great Photographs from 
the Hutton Deuisch Collection." 
Prints from photographers of the 
19th and 20th centuries, Inclining 
1. Bill 


Felice Beato, Cecil Beaton, 
Brandt and Andre Kertesz. 

English National Opera, tel: (71) 
8383161. Handel's "Xerxes." Con- 
ducted by Ivor Bolton, with Louise 
Whiter. Yvonne Kenny and Christo- 
pher Robson. Jan. 19, 21. 26, 28, 
Feb. 3. 9. 11, 14, 16 and 24. 

Royal Festival Hall, tel: (81) 318- 
1310. To Feb. 6: "Sebastiao Sal- 
gado: Workers." A tribute to manual 
laborers all over the world, Stegado’s 
photographs capture a wide range of 
workers from tbe sugar-cane fields of 
Brazil to the bicycle factories of 
Shangai to the slaughterhouses of 
South Dakota. 

Manchester 

The Whitworth Art Galfery, tel: (61) 
273-4885. closed Sundays. To 
March .5: “Shadow of the Forest 
Prints from the Barbizon School." 
Works by the mld-19th century paint- 
ers of French landscape, as well as 
prints by Bonington and Constable, 
both strong influences on those art- 
ists. 

CANADA " 

Montreal 

Musoe des Beaux-Arts, tel: (514) 
285-2000, dosed Mondays. To Jan. 
23: "Les Estampes en Colours de 
Mary Cassatt." Inspired by Japanese 
woodcuts, American artist Mary Cas- 
satt executed a series of color prints 
in 1691. 

Toronto 

Muate des Beaux-Arts de J’On- 
tario, tel: (416) 977-0414, closed 


including Fra Angelico, 
Leonardo da Vinci, Domenico Ghir- 
landaio and Filippo Lippi. 

CZECH REPUBLIC " 

Prague 

Castle Riding School, tel: (2) 33- 
37-32-32. To March 27: "Recent and 
Contemporary Czech Painting From 
the State Galleries' Collections." Fo- 
cuses on Czech painting from the 
1960s up to the present day. 

DENMARK ~ 

Humleback 

Louisiana Museum of Modem Art, 
tel: (42) 19-07-19, open daily. Con- 
tinuing/To March 6: “Claude Monet 
Works from 1880 to 1926.” Features 
late figurative pointings of the garden 
and Japanese bridge at Grvemy, as 
well as Japanese woodcuts which 
were an important source of inspira- 
tion for Monet. 


FRANCE 

Parte 

Bibiiotheque Nationals, tel: 47-03- 
81-10, open daily. To Jan. 30: 
"Quand la Peinture Etait Dans les 
Uvres." Illuminated manuscripts in 
France from 1 440 to 1 520, Including 
works by Jean Fouquet and Barthele- 
my d'Eyck. 

Instttut du Monde Arabs, tel: 40-51 - 
3838. dosed Mondays. Corrttnu- 
Ing/To Feb. 28: "Syrie: Memoirs et 
Civilisation." Art objects cowering the 
history of Syria from the golden age 
of Mari. Ebla and Ugarit In the 3d and 
2d mifleniums B. C- to the Aramae- 
an. Hellenistic, Byzantine and Islamic 
periods, ending with the Ottoman 
domination from the 15th to earty 
20th century. 

Mona Bismarck Foundation, tel 47- 
2338-68, closed Sundays and Mon- 
days. To Feb. 26: “La Comtesse 
Mona Bismarck, Balenciaga, Cecil 
Beaton." Features 50 designs by Ba- 
lenciaga, Mona Bismarck s favorite 
couturier, portraits olthe countess by 
Ceol Beeton. as well as two paintings 
by Tiepolo which she gave to the 
Louvre. 

Musde-Gaierie de la Seta, tel: 45- 
56-60-17, closed Sundays. Continu- 
ing/To Feb. 26: "Jean-Michel Bas- 
quiat 1960-1988: Peinture, Dessin, 
Ecriture." Works by the American 
graffitJsL 

Musto du Louvre, tel: 40-20-51-1 2, 
closed Tuesdays. Continuing/To 
Feb. 14: "De Khoraabad a Paris: La 
Decouverte des Assyrians.’' 

Opdra Bastille, tel: 44-73-13-96. 
Zirrmarmann'B “Die Sotdaten." Di- 
rected by Harry Kupfer, conducted 
by Bernhard KorWsky, with Franz 
Mazura. Lisa Setter and Mflagro Var- 
gas. Jan. 22. 24, 27, 29. 31 and Feb. Z 
Pavilion des Arts, tel: 423332-50. 
closed Mondays. Continuing/To 
April 17: "L'Art Populaire Russe." 
toons, prints, textiles, kitchen utensils 
from the 16th to the 19th centuries. 

Veraadln 

Chateau de Versailles, tel: 30-84- 
74-00, closed Mondays. Continu- 
ing /To Feb. 27: "Versailles et les 
Tables Royales en Europe du 
XVlteme au xiXeme Sleds." 


GERMANY 

Bertn 

Staatsoper Urrter den Linden, tel: 
(30) 203-544-94. Gluck's "Al- 
oeste." Directed by Achlm Freyer. 
conducted by Thomas Hengetbrock. 
with Vinson Cote. Anna Catarina Arv 
tonacd, Philippe Bouillon. Jan. 23. 
28.31, Feb. 9 and 19. 

Hamm 

Gustav-LQbcke-Musaum, tel: 
(2381) 17-2939, closed Mondays. 
Continutng/To Feb. 27: "Aoypten: 
Gehdmras der Grabkammem. 

Stuttgart 

Staatstheafer, tef: (711) 22-17-95. 
Verdi's "RigolMio." Directed by Jo- 
hannes Schaaf, conducted by ingo 
Metzmacher, with Gabriel Sade, 


SKADDKN: .V • 

Power, Money iairflbe Bisci 
of a Legal Einpire 

By Lincoln Capkn. 341 pa&es. 
$25. Farrar Strata Giroux. 

Reviewed by ; 

Mark London . " ■ 

ry HE great - sacking ionnd. 
JL you’ve heard over the past 15 
years or 5b actually emanates fttgo. 
Wall Street and itss k htidcs, winch 
have taken some trf the finest minds 

pat thra^to wqdc playing real-fife 
Monopoly — dcingiaergers, acqui- 
sitions and finance. Are we : as a 
society better fra this use of Ihcfi 
inar guabl y pio^potis talents? Or 
have these sitoDs^ecsi co-opted by a~ 
zero-sum game in which uk wodd. 
as a whole ends ujn» better off 
while the players: pockets«re tinea . 
with lucre? . 

Lincoln Caplan’s “Sraddea" vis- 
its the counselor to Americans dor- 


WHAT THEY'RE READING 


- wBadieh Bareoboim, nrosical 
and artistic director, at the Deut- 
. sche Steatsoperia Badin, is readiM 
“Culture md Imperialism” by £d- 
wardSfed. 

; “Tbe anthtH- has managed to de- 
scribe m a readable manner bow the 
Etoopeims have acogaotty forced 
then- cohu r e s on others. He deals 
with pnrfrfaos af adoaiafism and 
tacUes the attitudes of the Botch in 
India and the Fr e n ch hi Algeria.” 
(Mkhael Kallenbach, 1BT) 




ti 1 


" an exploratioa of flw tnoer wort- 

* ings trf America’s Taenrier corpo- 
. rate law firm of t&i goMea agp, 

Skaddcn, Arjs, Sale, Meagher & 
Flom — an tinwfddy none far. 
-what is widdy known m "Joe 
Flom’s firm." Capian posits that 
the Siadden, Arps saga presents 
the tale of tire crapraafe teffd jta>i 

* fession’s transformation from 
stodgy, white^kinned, wfute- 

' haired, wbitt^shoed pamardses to 
■ rca^l>4ftdtoinirffr meritocracies. 

■ Law, as practiced® these pages, 
represents so p histi c ated sport. 

- Skadden’s lawyers, Capian notes, 
play well m aicane arenas; Yon 
have an envg'ooTntntal prolrfem? 
-An antitrost iatref- The 
mem coating after you? 

Arps has just the lawyer 
Perhaps ir is because of 
den's success in these efforts that 
Capian’s nutafive teto.ihe iea- 
9 on tnhersK TB a stoty whce thc 
outcome g in doubL Tne s tory of a 
giant law firm's neafy uuhittiiop^ 


ed growth cannot crarpete with 
^ page-turning laks of the white col- 
tar warfare of (he 19Sh. . 

' . . ' Ct^dan, a conxribinra to The New 
■Ycairer.hasdartolDsrepcmjgwiS, 
and he writes nragnagmentaBy, 
whkjh, makes has book ggtrnctiveior 
thosesAo want to learn whatinafce* 
a me^firm tick. He succeeds in ffln- 
nnaaringlhe backstage of American 
bnsiness.Be captures ihe frmzyof 
. Skad den’s people. They, sue do 
work! DraiWe-oigit days for weds 
' atatiine— whb 24-boor da service, 
alLm^tsecretaries, valet service, in- 
wsament advke,-pe*sonaI 'ebunsd- 
. iag,:afl prerided tty the firm so that 
there are no (Estractfiss from the 
wwk at hand.’ After all, if yon are- 
brlting someone $400 -an hoar, 
wouldn’t yea. rather tene your peb-' 
Ttewotkmgihan standing in Hbe at 
-Ae diy deaneri? , f . . : 

Tksm, who reportedly makes S5 
n ^lyn t a year or more; dominates 
the book. He- eaviaoQed a. fidd 
where his lawyers could play —the 
puffing apart and puttmg together : 
of companies — and prraeeded to 
aggjccssiveiy claim fhe fidd as his. 
At 4he zenith erf Horn's powera, 
about 300 :cCHnparaes each paid 
$151X000 to bs firm fra tbe privi- 

kgB to ssy he represented them — 
hot so nmch "because . ihey iwded 
Ns services Imt as a defease meefaa- 
■ mum jo preveni-Fldm from expos- 
ing ttetn in a transaction. . : > 

ftK (o cafllnaKMicof the giants 


of American law. as many of bis' 
partners and clients have, is to de- 
mean a profess on that has pro- 
duced the tikes erf Thurgood Mar- 
shall or Benjamin Cardoza What 
distinguishes many of these fine 
lawyers such as Flom from the true 
giants cf law is in their acceptance of 
a nrfe as a hired gun. nothing more. 

Ffom tells a writer, “I have many 


different moods depending whether 
I'm on offense or defense, and after- 
ward 1 look out the window and 
laugh at myself." Win or lose, in 
other words, lawyers get paid. 

Skaddcn, Arps used the money 
tb finance the growth of a law firm 
from a handful of guys to a pant trf 
1 J000 lawyers in offices so scattered 
that the sun never sets on the firm. 

Capian points out that many of the 
architects of Skadden arrived as 
outcasts from the marquee firms of 
New York whose name partners 
have been dead fra more than a 
century. These lawyers were passed 
over for partnership a; their former 
employers because they were either 
Jewish or women or because their 
first names weren’t last names and 
their last names weren't foDowed 
by Roman numerals. 

Tossing away tradition has its 

price. Gaplan points out, because an Mark London, a Washington law- 

institution whose ties are financial yer, wrote this for The Washington 
wfl] be tested in tough financial Post 


times. His storytelling becomes 
more interesting at the aid of the 
book as Skadden wrestles with the 
throes of the ’{Ws recession — losing 
its air of invincibility and accepting 
bumble pie as (he meal da jour. 
Caplan’s evenha nded narrative of 
the fate of a young lawyer — wbo 
was led to believe he was going to be 
made a partner then had his hopes 
dashed only to go through the same 
agonizing process the ftiDcrwing year 
with a narrowly favorable outcome 
— poses the question that plagues a 
generation coming into middle ago: 
Is h worth it? After hundreds of 
thousands of dollars of education, 
years of sdf-disdphne and sacrifice, 
is it enough reward to say, “Fve 
made partner at Skadden"? And are 
the rest of us better off by that 
disposition erf energy? 


By Alan Truscott *■'- 

I T is rare fra a player togain an 
advantage because his oppo- 
nent is a worid-class player. And it 
is also.rare fra a player to make a 
shghtly irregular bid fra one rea- 
son, and to find it has gained heavi- 
ly for a quite different reason. 

On the diagramed deal both 
these rarities benefited Zia Mah- 
mood. a cohxful Pakistani star vdm 
fives in Manhattan. 

Zia held (be East cards, and 
heard his partner bid two no- 
trumps, showing length in the mi- 
nor suits, over the opening one- 
spade bid. When North bid four 
spades Zia liked his holding of sax 
higb-card points in his partners 
suits and ventured five dubs raiher- 
ihc obvious five diamonds. 

His idea was to direct a dub lead, 
and he was ready to retreat to five 
diamonds if doubled. 


Sooth charged on to six spades, 
comforted by the fact that his part- 
ner was Ekely to be short in clubs. 
The lead was the dub queen, and it 
is easy to see that ihe slam can be 
made by drawing trumps and 
throwing a diamond on the fourth 
round ra hearts. 

Bat Zia now benefited from the 
skifl of South, who was Bob Ham- 
man of Dallas, the world's top- 
ranked player. He allowed West to 
win the first trick and another dub 
was led to the ace. He then cashed 
the A-Q of spades and thought 
about "Wesi’s distribution. He 
could hardly have 5-5 in the mi- 
nors, tbongbi Hamman, because 
East would have bid five diamonds 
, with greater length in that sun. 

Hamman concluded that West 
-must have six diamonds and five 
clubs, leaving him with only two 
hearts. The odds were now 2-lo-l 


that East held the heart jack, so 
South cashed the heart ace, led to 
the spade king , finessed the heart 
nine and went down in the slam. 

NORTH 
♦ K97B3 
<7 Q ID 5 2 
003 
4-A5 


WEST 

♦ — 

J7* 

O K 108 6 2 
*Q J 984 


EAST 
*842 
& 863 
0 QJ 74 
+ K 72 

SOUTH (D) 

J 10 5 


* AQ 
UAK9 
0 A5 
*1063 


Bote sides were vulnerable, 
bidding: 

South West North Ea 

I* 2 N.T. 4 0 5* 

6* pass Pass Pass 

West led flw chib queen- 


r 


7<r; L .sLsr^-i. 



Salgado photograph in London (top left); Mona Bismarck by Cecil Beaton, in Paris; 
above, architectural model and silkscreen by A rata Isozaki in New York. 


Wolfgang Schone and Catriona 
Smith. Jan. 20 (premiere). 23. 25, 
28, 31. Feb. 10 and 24. 

Wuppertal 

Von der Heydt-Museum. tel: (202) 
563-6231. closed Mondays. To 
March 20: 'Von Cranach bis MoneL" 
Masterpieces Iron the Bucharest Na- 
tional Art Museum, including works 
by Lucas Cranach, Pieter Brueghel 
the Younger, Rubens, Van Dyck. Tin- 
toretto, Murillo and B Greco. 


ISRAEL 

Tel Aviv 

Tel Aviv Museum of Art lei: 972-3- 
©5-7361 . To March 12: "Claes Ol- 
denburg: Multiples and Notebook 
Pages." 


ITALY 

Florence 

Teatro Verdi, tel: (55) 239-6242. 
Rossini's "II Barbiere dl Sviglia." 
Conducted by Paolo Olmi, with Ro- 
berto FrontaH/Angelo Vecda, Vesse- 
flna Kasarcwa/Sonia Ganassi. Ferru- 
cio Furlanetlo/ Dimitri Kavrakos. Feb. 
3.4. 5, 6, 8. 9 and 10. 

Milan 

Teatro alia Seals, tel: ( 2) 80-91-60. 
Prokofiev’s "L'Angeto di Fuoco." Di- 
rected by Glancark) CobelS, conduct- 
ed by Riccardo ChalUy with Valery 
Alexeev. Sergio Bertoccht and Mario 
Bolognesr. Jan. 16. 18. 20, 23, 25. 26 
and 28. 

Venice 

Museo Correr, tel: (41 ) 52-06-288. 
Cantinuing/To April 4: "Pietro 
Longhi." 50 paintings, 35 drawings 
and 14 prints by the 18th-century 
Venetian painter famous for his ironi- 
cal description of Venetian Me and 
manners. 


5756. To Jan. 24: "Mary Ellen Mark: 
Indian Circus." 50 monochromes fo- 
cusing on the exotic world of the 
inefian circus. 


SINGAPORE 

Empress Place Museum, tel: 336- 
73-33. open dally. Continuing /To 
July 1994: "War and Ritual: Trea- 
sures of the Warring States. " An ex- 
hibition ot Chinese bronze culture 
from the Warring Slates penod ( 475- 
221B. C.). 

National Museum, tel: 330-09-71. 
Continuing/To March 13: ‘Trading 
on the Maritime Silk Routes." Focus- 
es on the importance a! sea routes in 
2000 years of commerce between 
China. Southeast Asia, west Asia and 
Europe. Exhibits, which are drawn 
from museums in Singapore and Chi- 
na as well as private collectors. In- 
dude ceramics, textiles, stone carv- 
ings. ship models and samples ot 
their cargo. 


UNITED STATES 


Houston 

The Menil Collection, tel; (713) 
525-9400. closed Mondays and 
Tuesdays. To April 2: "Rolywho- 
lyover: A Circus." A complex inter- 
media event by composer John 
Cage, featuring work by artists 
whose influence bears on Cage's art, 
displayed In changing arrangements. 

New York 

The Brooklyn Museum (tel: 
638.5000). To Feb. 27: "Anda Iso- 
zaki: 1960-90 Architecture.'' Tribute 
is paid to the Japanese architect 
Arata Isozaki 's work, and the exhibi- 
tion includes models, sketches and 
drawings. 

Metropolitan Opera, tel: (21 2) 362- 
6000. A new production ot Bntlen's 
"Death In Venice." Conducted by 
David Atherton with Anthony Rotfe 
Johnson and Thomas Allen. Feb. 7 
(premiere), 11, 15, 18. 23 and 26. 


JAPAN 


Tokyo 

Bridgestone Museum of Art, let 
(3) 3563-0241. closed Mondays. To 
Jan. 30: "Fu|ita Tsuguharu." 26 
works including Paris landscapes, 
still fifes and portraits ot women by 
the Paris artist Fujita (1886-1968). 
Ginza Mkon Salon, tel: (3) 3582- 


mi 


11 


H 


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I r“4u Conference Center Drive • Chantilly. Virginia 2-021 
i’’0Ji dlJLOiUlO • 800-635-5656 



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INTER IVATIOIVAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


NYSE 

Thursday's Closing 

Tables include the nationwide prices up to 
the closing on Wall street and do not reflect 
(ate trades elsewhere. Vfa The Associated Pivss 


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International Herald Tribune, Friday, January 14, 1994 


Page U 



Epfj, 


THETRIB INDEX 1 1 0.97 li 17,000 Jobs 


GtE Sete American Patent Medicine 

T^iwSftuL ffiMOuste Japanese as Top U.S. Inventors 

.1 /_VVlVlV I IB On . . _ .. .tu. tnn ranlK in 


' International He^"Tf®ur» : Wt>rW Stock bide? ©, composed of 
280 intemafionaNy investebte stocks from 25 countries, compoeo 
by Bk»mborg : Bi&wssf‘fewl Jaa^,-1S82 = t00. \ 

120 — — ; — ; — “ — : : — ” 


Agave Fhmcc-Presse 

STAMFORD, Connecticut — 
GTE Carp, said Thursday thatit 
'would. ehnonatc 17,000 jobs over 



World Index 

■ . ? • ' : 1 ; . 


o,. - -H 


Asi.-vPacdic 


/^pnL«doUas:3ZX r 
Ctosa 11M7 Pravj 117.42 


■ ' 


Approx, wearing: 37% 

CfasK-1 13-73 ftW- 11SA) 


r- -r-.; 

■t • *' 


North America 


- A . S . Q - N l» J 

iMi 1M3 W 


Latin America 


ri«puNDE»'--'V ■ ....ffiSSERU-, <H I 

OoCflr97JS7 Pwtc 8318 ‘ Q|| Ctosa 13ZK Pm*- 133S7 BiB \ 

140' . r — r 1 1 

130: -.—r — T ; . 

120 - — — .. . ' . --: t " — 3 

no iiii iilW 

100 ' 

"SHmBHBI - 

fjH WortdMm ; 



Industrial Sectors 


■ a.: SjA± ' 

Enow 11154 11224 -0 l«. 1<g - 13 ~°^ 

■B—a r n^7 11R7t - 1 * 

React . 112.42 113 j 6* ~^5^ CoBlUMrfioods 89:46 10029 -0^ 
SankM 11840 11383 : r036 ***■” -/ ~ 1J ^ 

BJBM : 


quarter rp bring s as a result of the 
restructuring. 

The largest UJS. local telephone 
. provider said the moves would re- 
duce its- work force about 13 pw- 
"cent and save' SI billion annually . 
GTE employs 162,000 people and * 

- las atwmal revenue of roomily 520 

TwITton 

. “The actions announced .today 
are the logical next steps in the 
strategic program we have under- 
taken to focus GTE solely on tele- 
communications and continue to 
■ improve our competitive position,” 

. CH« Lee, chairman and chief 
executive, said in a statement 
. . " Mr. Lee said the plan was aimed 
■ at revol u tio ni zing customer service. 

The company says it serves more 
‘ . than 30 percent erf the American 
peculation wiih its 17 miSian tele- 
phone access lines and 52 million 

- mobile ceflnlar taes. It is the coun- 
try's largest ceflolar telephone com- 
pany after McCaw. 

The $12 billion after-tax cost of 
the initiative amounts to-$122 a 
share. The price tag includes as 
rnudi as $680 mOBon f or modenuz- 
ing or replacing customer service 
systems, umsohdation of facilities 

was expected to cost $160 nmlfion. 

GTE said the technological im- 
provements introduced would al- 
low it to reduce the number of 
easterner service and regional n dr 
work centos nationwide from 195 
to 13. 


KSJss ui^^aaSit" 

SSSSSS SSSESSfaP- 

ents last year? _ But many were of questionable value, usmg 

To <*= iff - "J—XE hE: M JL £- JSCS, 


French Banks 
Reject Plan lor 

Metallgesellschalt 


Bi ll' l l" " I l|V w JV— nauuua. - . T I - 

the nett three years and would take ents last year? _ But many were of quesuonable value, uang 

aSUbflfiontWge againstfouith- To the chagrin of the home team, Japanese com- leamed at home. Japanere comp aniK 

quarter earnings as a result of the names ha\« laken the top spmevayyemanc^y&). tend i 0 file for multiple patents for different com- 

jestnicturing. Nwa mudi-sulBed Amencan player. International of, say, a data storage system, rath °."“ 

il. TT C IamI totmtume n : Tnn has into UK ICSU. ri..., f«r rh»* trAnle SVSlffOl. MuTe- 


NOW a muca-suiucu r-v— • . " 7. . . 

Buaness Machines Coro, has spnmg mlotbc lead, 
with 1,088 of the certifeates m 1993. And moving 

into the Na 4 skM was Eastman Kodak Ca 

■ Japanese companies were stifl strong: To shib a 
Qm was second and fanon Inc. third, accoramg 
to Plenum Publishing Corp-, a New York company 
that analyzes patent awards. 

Many analysts contend that pate nt nu mbers 
give a distorted picture of industrial strength, in 
T. fh^reov uhflt mutters is the value 


tend to me ior muiu^ic 

ponems of, say, a data storage 

asinde laracr patent for the whole system. More- 

^. U.sSanies often use other means to 

protect inventions. Patenting ra^ns reading dfr 

tails. In the rapidly changing, high-tech mdustnes. 

inventions are often kept quiet as trade secrets. 

Despite such caveats, patent numbers do make a 
difence, said Gyde VTPresrowtz Jre preadem 
of the Economic Strategy Institute, a piwatt ; re- 
u , u*. -,c a. Tinmnnent of taking a 


“When vou ap to negotiate a technology den, u 

Hast« swg tdgasBP»» 

new ideas in dectromcs, aviation md are good, Mr. Prestowiiz said 

other high-tech fidds. are Ken lshihara, vice president of Toshiba of Amen- 

a^lectmgfrOTi those who borrow to work- U-S- jnr said his parent company's faD from the _No. 

companies and government agencies isknheld in 1991 was not due to a decision to bad 

S160 bSUoa on resean* and devdamrat last year. Toshiba continues to “actively and aggressively 

An IBM vice president, Marshall Phelps, said crucial technologies.’' he said, but also is 

his company had moved to thmk cotmneroally ^ ^ - qualil> ." of its patents. Canon 

and to safeguard anything of value. WasNa 1 m 1991 

miBht develop somethmg and leave it on the shdi . . ■ 

S&de we StS to w thremgh the pro- Kodak executives say then 

cess." He said h can cost $15,000 to gam a patenL ranks —its patent awards wefca™ 
j Dm BurtOD, IKHilimld 

mes see patents as a devdoped something patentable, said an assistant 

gcfagMmtamen-i^B-amd. be ad. SSSTtahk. Sim, Wcbsttr. 

U5. companies' total share of the approximate- , 

hr 110 OOOmnaits granted last year rose as well IBM shaved $1 billion off its research and devtf- 

PKco* ^Ltors exclusive nghBtcmsnu- ap^en. ^ to »r. JJ- " 

■ofeKwasB* 

generally 17 years in the United Kales. fallout is 1994. 


By Jacques Neher 
and Brandon Mitchener ‘ 

International Herald Tribune 
A group of French banks refused 
Thursday to go along with Deut- ‘ 
sche Bank AG’s plan to bail out 
Metallgeselischaft AG. raising 
doubts that the German metals 
conglomerate would be able to 
avoid a bankruptcy-law filing. 

The 12 French banks, which to- 
gether have an estimated 900 mil- 
lion Deutsche marks ($5175 mil- 
lion) of loans outstanding to 
MetaUgesellscbafi, sent a letter to 
Deutsche Bank on Wednesday say- 
ing thev would not go along with a 
3.4 billion DM restructuring plan 
ih, , German banks had worked out 
since the company’s fragile finan- 
cial condition became apparent in 
late December. . 

The focus shifted to Pans on 
Thursday, where German and 
French lenders hdd an emergency 
meeting after the only German 
bank objecting to the plan, Nord- 
deutsche Landesbank. agreed to 
accept a revised restructuring pack- 
age. Representatives of Deutsche 
Rank an d of Dresdner Bank AG 
went to Paris for talks with French 
bank executives. 

Despite the talks’ initial failure, 
analysts said they expected the 
French banks, headed by Soafele 
Genfcrale and Cridit Lyonnais SA, 
eventually to reach an accord with 
their German counterparts that 
would save the industrial and com- 
modities- trading company. 


“Most French banks are interest- 
ed in developing their activiues in 
the German market" Stephane Ar- 
rouays, analyst with Barclays de 
Zoete Wedd' in London, said. 1 
can’t imagine that they would nsk 
putting Metallgeselischaft into 
bankruptcy." 

In the proposed rescue plan, the 
French banks objected to a mea- 
sure calling for them to transfonn a 
substantial part of their loans into 
shares of unknown value. They also 
expressed opposition to a plan to 
reschedule loans, saying they did 
not have adequate information on 
the financial condition of the Ger- 
man conglomerate. 

“Deutsche Bank and the others 
are not just lenders but shareholders 
of reference in MetallgeseDschaft, 
said Michel Thibout, spokesman for 
Sod fete Generate. "It's their respon- 
sibility to step in if new capital needs 
to be raised, instead of shifting that 
responsibility onto those of us who 
are just lenders." 

That, in essence, was also the view 

taken by Norddeutsche Landes- 
bank. a big German creditor that 
had withheld its support for a re- 
structuring on grounds that large 
shareholders who are were creditors 
, _ especially Deutsche Bank and 
: Dresdner Bank — would have got 
: off too easily. The regional bank 

. reversed itsdf Wednesday, pledging 
1 its support to a modified bailout 

1 plan tnat it said put all creditors on 

See METAU* Page 14 


MOTT own, nmqv 
\ ' vSiSBkftr ToKya. NBwYorkand ■ 


Siemens Adds 15,000 to Job-Cut Target 

_ _ to 726 DM. The news ines from the company’s core busi- an P° UI ^ J ^!f r , r f’P?CTlr^win 


Carpikd by Our Sutff From Dispatcher 

: MUNICH — Semens AG sur- 


notmeement, to 726 DM. The news 
also sent the overall market down. 




«JnMtond 


and forecasting a lO pacent to 13 
percent drop in net income m the 
- current finasr.nl year. 

Shares In the maker of electron- 
ics, electrical godds and telecom- 
munications equipment tumbled 
AM '■ percent, or- 3650 Deutsche 
marks ($2098), following the an- 


mgs from Lhc company’s core busi- "ffX 


Tax Fraud Suspected 
In Dresdner Raid 


Sm'deZ^e'Wedd. “Evoy- year, Mr. Baumann sitid. 
body was taken aback.” _ Sem e ns wants to simifiamtly 

The chief financial offi- improve productivity and cut mno- 

cer Kari-Hermann Baumann, said vation cydes by half," the company 
the projected earnings decline was president, Heinrich von rterer, saio. 

dmn In eantinss from As a result, the company expects 


-/• : ' raffled fOTiongher labor stmd^sfOT^^ Shmwa^Soe top^^SSS up by 

■ -■ SiSfflWS as SSheirSMsw 


W bad ideas, it sotntds<toxT ^^ : ww uitnngjil sem Unto' . 

surole. lob* «e nom: ffom American trade muons, u^- 

mJwhsc mdaari^.to.toi- Sum . 

wagedevriotrfagnatio ^wbcrc wortreraiatxg^ ^ SQngfal sbmetiring sinrilar, th ough not 
tong in imasrabk cOnSticHS. •' j'- ' " 

thedevdmh« caimot compete through 

and in^aff ^ ' i S,«r may 

onions and labor prtom«? . . -/ IOW WgeS, mey may 

w^^orttheirwayoot 

c&erf:m«kew.T&m t%25£.' ©f poyerty. 

woritHS wpdd keep • - — - . — T“T 

countries’ wmksrs-wotdd.^mn decea ^ v ^^; • iodw w w^ in trade negotiations. And 
Unfortunately, ft t wog fl • particola^Se NAFTA, Ameton lajm 


■V nrmrctea earnma> picMucuL, uuiu«u - ■ — ’ - 7 

dw to^todrop in eanrings from m a resultjhe company e^qiects 
^rSnents as interest to shed 15,000 jotem to aural 
rates come down. Last year, earn- financial year, which endsSept X. 

By the end of the year, Siemens wdl 

. ~1 - employ "clearly” less than 390j000 

people, compared with 400,000 at 
the end of 1993, he said. 

■ Last year. Semens had also an- 

nonneed 10,000 job cuts. Evmtual- 

|71 __ . ly, however, to company slashed 
r laws 22,000 people off its payroll. 

TT Most of to new cutbacks will 

. . again be borne by to troubled 

jarine, “to way thatgoor o«m- £££ uler unit SNI Siemens N«- 
chance to pnll to^dves OT by dorf F ijtf onM ijonssysteme AG, 
X2 whne 5,000 job cuts were recently 


year, Mr. Baumann said. ■ BASF Wage Freeze 

Sem e ns wants to significantly ag said Thursday that 

impwveprod^^an^rach ^ “management 

vation cydesby half, to company ^ be increased 

union 

employ Geriiog said. “Inother worfs, Qicy 


loWj^ges.fteymay 
neyfrwork their way out 
of poy erty* - . . 


■33:®fS£5fSS52 

1SS&2ESSIg832 

He behind to 


SSirlmcc NAFTA, Ameton labor 
^^^Soridng.to.gPt a ^obal New Deal 

n ?fhSiSa5 say it is 
»jnaial companies to scour to wortd lg me 
towestwages and womyrarimg 
evafing Kr laws tatitt np ” 

States and Europe over the past 100 years. 

Econchnkally, they argoe, to swrtcn trom 
. - ■, u« ,rJw mnms a loss of 


to<* unfair to ftrir rich competi tor*. 

If you take away their abihty to compete 
through kw wages, they may never wont 
their ways out of poverty and 
he*. Rather than shackle to poor countries 
with new labor roles, to rich countiries 
should be thinking about bow to reduce their 

OT Additicaiany, it is distinctly dld-faslnanedto 
sav devdqpang countries lack pnntosmgpow- 
er, when they are to fastest-growing markets 

for American and Euro P®“J u, 
In any case, many more jobs have been lost 
in to ridi countries as a result of technologi- 
cal rbawcrft than from low-wage competition 
from developing countries. Wage cosk are 
only one of many factors, and often not to 
most important, in multinationals' invest- 
ment decisions. , . . , 

Of course, it is good that the international 


Year, o.-vji ■■ — -■ — 

Geriing said. “In other words, they 
won’t be increased.” 

BASF also said it would stop 
producing polyester filament at a 
plant in to United States, resulting 
m a loss of 450 jobs. A year ago. 
BASF announced it would sell its 
polyester chip and filament busi- 
nesses to concentrate on its core 
nylon activities, but so far it has 
been unable to find a buyer. 


Bloomberg Business Setts 
FRANKFURT — German 
prosecution investigators raid- 
ed offices of Dresdner Bank 
AG in Frankfurt and Dussel- 
dorf on Thursday, prompted by 
suspicion that the bank is help- 
ing customers evade taxes, a 
spokesman for the DOsscldorf 
public prosecutor’s office said. 

The inquiry began Tuesday 
but was not publicly disclosed 
until Thursday, when a report 
a p peared in KOlner Express, 
to Cologne regional paper, 
said Jochen Rufland, spokes- 
man for the prosecutor’s office. 

“The accusation has been 
made against Dresdner Bank by 
to public prosecutor’s office 


that customers' deposits were 
moved abroad, and back in 
some without this being 
reflected in their accounts," Mr. 
Ruhland said. 

The office suspected that 
Dresdner Bank had transferred 
sums in to millions of Deut- 
sche marks to a Luxembourg- 
based branch of Dresdner over 
a period of years, according to 
to Express report. 

“From our point of view, ar- 
eas are in question which affect 
normal and usual payment pro- 
cedures with foreign banks, 
said a bank spokesman who de- 
clined to be identified 

Dresdner Bank is using “le- 
gal means"' to fight to inquiry. 


REPUBLIC MASE BANK LIMITED 

(A wholly owned subsidiary of Republic NaHonal Bank of New York) 



found in to side qgt anentt ro 


mg conditions around to world. Tbishas 

bra done for years m places like to Interna- 
tional Labor Organization. 

But two thing* are highly dmgwOTs: in- 
cluding wages in to roles and taking tne 
roles to trading access. Thai woddcreale a 

■ « • v _A. a ^TladtiMfi nninlMQ ll* 


,vv rings to traamg access iu« TT , 

^oLhOTCW Snpg&^ gppcata^ protectioiriy charter, allowing wholesale 
row. be, these dSrrimination against devekiping raontries. 

TO^onents ftal g*^2ddolt^fte most-favraed-natton 

ttadev^pg principles cm which to worid 

,>««,t bo&.io thor sovmagnty and to their ^ hi Brussels, it is 


threat boftto thor soyorignty 
prospers. _ _ 


From his 
not dear « 


nanaiks in Brussels, it is 
Mr. Ornton is actually 


S^IrMpro^.k.usbcpcb.unoL 


International Bullion Bankers 
to Hie professional market 

Twenty-four hour market making in predous metals worldwide 
Spot, forward, swaps, options and derivative services 
Clearing and depository facilities for financial institutions 
Customized financing and hedging for producers and industrial users 
Global Precious Metals Centers 


Republic Mase Bank Limited 
London 


eUBBEMa 4 INTEREST KATES 


-■ .• ■ ./ '1 .-dm. 13. ; 

kn. S' « » Is'' 

— S s « “ «■ S' : Sfc'S:“ 

. 5S s5:— SS SSi SS Si SS m U» aw 

3 — . . I S-^a -S ss "s-ss 

« s SS-iss. s SS wS ..S; 

J* 1 " 1 ® U» .“S ^Tm • tS n5 JUW .. -tu* — " . “Jl - 

52L nws UW 401 TMJ OCS* MW ,UB‘ ^ ; • 

JJJJ* yw izm 4** 15 . *2 «» w*»* uht wae 

;s . . ■ss 

a vattabla. . - • . •. 

(Mwr poa«r ^ ' : W. 

atrnaa - 2S SSS-s'-UW- itorjw. «WW0 

*WlnU.l •' {hm'' TBM-- T U — * .',2*51 

*■*■“"* MdW«w«* ** mml - wm 2343 

ass S •Hssa f s. : 4SS--"S^ 


Eurocurrency DoposW* 


Jan. 13 


sum Frsndi 

Donor E^Mcnic Fnmc Stertta* Fra»e YBn 


»* jst ST SSL IKS' SS 

3 moanu 3VM«f .jjn 5^-5 5Vi-& 1 M«> 

sn •«-.—* >« 


Telephone: 1071)6217801 
Telex: BM491 

Republic Mase Hong Kong limited 
Hong Kong 

Telephone: (852) 845 4233 Telefax: 1*52) 845 3227 
Te]«: 65856 Reuiezs Dealing: MASK 


Telefax: (0711 283 4659 
Reuters Dealing: MASL 

Republic Mase Australia Limited 

Sydney 

Tdephone: 0)233 3944 Tdefax: lZ>235 (WO 

Tete:AA173%5 Reuters Dealing: MASA 


K«y HonoyftetM 


Republic National Bank of New York 
Republic Mase Predous Metals Department 
New York 


Unttttd States 

DWceuMroW 

Prtneroie 

Fatei nw m* 

amwmicpi 


SMMTlKHnrlfl 

-•Vyjnr'DrwnrMB 

aryqrrreawnfMte 


>niB-TrBa*rv»rti 

TH nafTn awVM* 

\S3SSSBS i±n 


££££«« So* 

Stan**: nto Bade at toy a*ms a«»«f 


»M»‘ ^ : to uao 

VO» x ^ m .• atncotj^uluiAVe IMnam 


Dbcwrtnite' 
Ddl mon*V_ ■ 

VnPrthXWrtifli* 

kww w"** 


Lu—lint 

■ nna*6 tetef*** 

i%r*f sew 


am Prw- 
3J» J* 
too 

sw m 

117 K5 

125 19 

2J3 W 
337 3J3 

4.10 

306 4JS 

Ml V* 
£48 457 

626 LXI 
*,224 2J4 

1* 

2* 2H> 

R S 

£ ra 

6% fl* 
620 £10 
6.10 tJO 
M5 

540 540 

540 . 550 


Con money 

mjoamwttrtxiDfc 

Mnnatb Wnertoafc 


UMwOW 

Ma 

lul't rr entloc mtc 

Call money 
HnoiA Mwbnfe 
MBOOttlWWlWI* 
MlBBlhWMMM 

ttwarotr 


too tM 

4% » 

Sh 5ft 
5h 5ft 
5ft 5ft 
4J3 425. 

620 430 
6ft 4ft 
6ft Ok 
6ft 4ft 
5ft 5ft 
S44 S41 


Telephone (T rading>. C12J221 3560 
(Bullion Banking): 121^5256481 


Telefax: 4212)5256860 
Reuters Dealing: RNBAMASN 


SwrcMt: H outers. Btoombara, 

Lynch, Bonn at Tokra, Gomn**rr t>tmx, 

GraeomHMootaautCr^tLratmxa. 

Oold 

. . am. ran. aroe 

ZnrldB • 3 OSJ 0 O 3 WJS +W 

LemhM WX MX +J« 

HewYork . «70 WUO +3J0 

■ US doUars per aunt* LoodBeatflcioitl*- 
bmxurknant New Tor* aKnftmamfcfe*- 
lag prices t Mow Var* coma* (rctu 
Sauna: Hausen. I 


Telex: 236927.666973.177641 

Regional Predous Metals Offices 

GENEVA ■ MONTREAL - MONTlBVtDEO* SINGAPORE ■ PERTH - DENVER 

Affiliated / Representative Offices; 

TTiQirH • LUriANO ■ LUXEMBOURG • PARIS ■ MONTE CARLO 
NEW YORK ■ GENEVA ■ TOKYO * L ON°ON _ ^ IAM] . LQS ANGELES . BEVERLY HILLS * NASSAU 

GIBRALTAR • MILAN - HONG KONG - TAIPEI . JAKARTA ■ BE1|1NG • SYDNEY - PERTH 

A,RES * SANT,ACO * MEX,C ° GTY ‘ CARACAS ’ R ‘° DE ‘ 

fcuft Uw*^ 1 “ * B “ w * w *0 



/ 






Page 12 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 




MARKET DIARY 


Dollar Hits 1.75 DM, 
Setting a 2-Year High 


Compiled by Our Staff From DUpcucha 

NEW YORK —TIm doDar rose 
Thursday to its highest in more than 
two yens against the Deutsche 
marie, bolstered by news of robust 
U.S. retail sales in December. 

Many traders bought dollars af- 
ter the Commerce Dcpartroentsaid 
retail sales had jumped a surprising 


Foreign Exchange 


0.8 percent in December, the latest 
sign lhai the three-year-old Ameri- 
can economic recovery is stiD gain- 
ing momentum. 

At the dose, the dollar was 
quoted at 1.7513 DM, tip from 
1.7339 DM at Wednesday’s dose: 
It also rose to 1.478S Swiss francs 
from 1.4635 francs and to 5.9385 
French francs from 5.8960, al- 
though it slipped to 111.85 yen 
from 11227 yen. The pound eased 
to $1.4970 from 51.5035. 

At one point, the dollar traded at 
1.7537 DM, its highest since the 
attempted coup against Soviet 
leader Mikhail S- Gorbachev in 
August 1991. 

Jers said the dollar bad fallen 


a gainst the vm because traders 
sold marks and bought yen, a trans- 
action that often requires buying 
dollars for marks and then selling 
those dollars for yen. 

“The dollar has a good head or 
steam behind it," Steve Flanagan, 
vice president and proprietary 
trader at PaineWebber, said. ‘The 
U5. economy looks bright." 

Despite Wednesday's news of an 
unexpectedly low rise in producer 
prices, the retail-sales figure 
prompted renewed speculation that 
the Federal Reserve Board would 
raise interest rates to stave off the 
inflation that strong economic 
growth often brings. The price of 
gold, which tends to rise with infla- 
tionary expectations, gained $3.70 
an ounce, to 5390.60. 

“Central-bank intervention kept 
the dollar from running away," 


said Albert Soria, foreign exchange 
manager in New York for the Finn- 

if. n: 


ish h ank K ansa His Osakc Panlrlti. 

Traders said the Bundesbank 
had sold dollars to try to slow the 
currency’s rise. The German cen- 
tral bank would not comment 

(Bloomberg, AFX ) 


INVEST: Asian Bubble Bursts 


Continued from Page 1 

European interest rates by invest- 
ing in bond or equity foods there. 

Vivian Lewis, editor of Global 
Investing, an American newsletter 
devoted to foreign stocks, carries 
few Southeast Asia recommenda- 


N.Y. Stocks 


tious now, except to buy some se- 
lected issues on weakness. Bullish 
long-term, she nevertheless advises 
subscribers to take profits on some 
of her best picks, for example by 
selling h»lf of Thailand's Sfimawa- 
tra Computer, up a phenomenal 
558 percent since she first recom- 
mended it at the end of 1991. 

Small Asian markets — Biryirti 
Associates calculates that volume 
in Hong Kong last year was only 
one-fourteenth of Wall Street's — 
thus are learning what it is like to 
sleep in the same bed as Wall 
Street’s thundering herd. The prob- 
lem for Wall Street is that no one 
knows precisely what win be the 
next trend. 

Tor the present, money is com- 


egist for MMS International, said 
there was “still a flood of money 
going into emerging markets, but it 
is just going to different places.” 
He predicts it will go to India, New 
Zealand and South Africa. The lat- 
ter two are already up more than 
two- thirds in a year. 

Michael Metz, investment strate- 
gist of Oppenhdmer & Co., is one 
of the few who believes that much 
of the foreign money is coming 
borne “because all those markets 
are overpriced and so is Wall 
Street, but it is the least over- 
priced." 

But his prediction is based on a 
sharp c o r rec ti on, which he believes 
will pidl American markets down, 
leading bear markets worldwide. 
The trigger for that would be a 
sharp rise in interest rates, which he 
believes is on the way this month. 


ing home, like all marginal money 


at the first whiff of trouble, and ; 
has been marginal money dial 
moved these small markets,” said 
William McBride, who foUows 
emerging markets for Upper Ana- 
lytical Services, which rales mutual 
funds. Since the start of the year, he 
reported, Asian closed-aid funds 
are down 16 percent 

“Managers don't move their 
money from one country to anoth- 
er,” he said. “Most foods will bring 
their money home, and then they 
will redeploy it as long as there isn’t 
a sharp fall in the U.S." 

But Robert Walberg, stock strat- 


■ Stock Prices Fall 

Stock prices declined Thursday 
an the New York Stock Exchange as 
a surge in interest rates and profit 
warnings from leading companies 
such as Quaker Oats punctured 
some investors’ confidence, Bloom- 
berg reported from New York. 

The Dow Jones industrial average 
fell 620 points, to 3.842A3. It re- 
couped about thirds of its loss 
earlier in the day. The decline flew in 
the face of signs of subdued infla- 
tion and better-than-expected retail 
sales for December, traders said. 

Stock prices also were knocked 
lower by a slump in Oracle, a lead- 
ing software maker. Oracle feO 2& 
to 32V4 in response to concern 
about earnings raised by a Dean 
Winer Reynolds analyst 

Quaker Oats dumped 3% to 66. 


Vta AnoeiMtl Am 


Jen. 13 



NYSE Most Actives 


VOL Htah 


Gflcom 

sSJfSS 1 

HonVWS 

CNU-Gp* 

Chryrtr 

Amen, 

TeUWex 

EMC 3 

GnMotr 

WalMrT* 

WHoS 

HmaDns 

cmOred 

Exxon 


55334 am 
31605 2ta 
30107 6* 
25361 3346 
24702 1764 
zun am 
21591 316% 
20749 MW 
20692 20% 
2054] 60% 
20513 25¥i 
20422 13% 
20373 387. 
2001? 25* 
19685 65V. 


Low 

Loci 

Os. 

3»)k 

4066 

+lVk 

2W 

2W 

+ 66 

666 

666 

_ 

32 9h 

33 

—Mt 

174k 

1VIX 

+ 166 

MV 6 

60)6 

+ 1» i 

3Mk 

31 Vk 

+ 7k 

6566 

MV6 

—66 

im 

19V. 

—6k 

5866 

MU 

+ 1 

as 

3566 

— kk 

13Vk 

Iff A 

—64 1 

374k 

3744 

—166 

25V6 

2» 

—4k 

65 

6566 

*6* 


AMEX Most Acthras 



VOL 

Hah 

Low 

Loft 

a» 


8487 13V* 

ll)k 

12% 

*46 

GrdnBrt 

Kal 1 

Vn 

Vn 


-Vn 

AExtri 

■7^' 

ink 

1W 


HcOonet 


6 

svk 

• 



6403 35)6 

35U 

35+6 



5914 

1416 

14M 



Medeva 

5715 

ID 





5682 

SVk 

466 

SVk 

—6k 


»-v. 



23% 



SVk 

S 

5 

+ Vk 


■ 

0Vfe 

»V4 

79 


Ban 

mvr > 

4546 

43V. 

4S66 


Amctri 

K >, , 

m 

666 



ENSCO 


316 

3<A 

366 

i!fc 

Dewne 

00 20 Vi 

2066 

206k 


NYSE Diary 


Advanced 

DodirM 


Tom Issues 
Now Hiatts 

Now Lows. 


928 

1146 

110 

956 

664 

648 

2738 

00 

77 

101 

13 

13 


Antes Diary 


Advanced 

Dodtnod 


Newt-Mis 

New Lows 


308 

304 

292 

04 

229 

245 

829 

823 

25 

73 

3 

S 


NASDAQ Diary 


Advanced 
Declined 
unchanged 
Total Is 


CtaM 

1.587 

i.m 

1.731 

<747 


1JJ0 

1,49V 

1,676 

43*5 


Dew Jones Averages 


Own Mob Lw Lad CM. 


3833,15 384834 3029.21 38043 —620 
Tmra I8IK51 U255* 1813* 182AM 
LTO 22J-S9 M « 220J7 ZHL87 —1.71 
o£np 140654 1409.12 140228 1407.19 -1 39 


Standard * Poors Induces 

HM Lpw Loft Cha 

5P100 436X9 437.27 — 1JS 

SPSS 0117 OMt OIJl -421 

MMift sg-5 

IMMH 167.53 —1.19 

^SS| 44X3 —0.11 

NYSCIndexM 

MM Law Law On. 

Comport* 2680 2610 26IJ3 -0X4 

Industrials 3210 319M 320J0 -071 

Trartxp. STUD 377X1 278X3 —OX7 

UflDTy 2250 33138 323X6 —1.0 

Finance 219.27 218X1 217.14 +ft0l 

NASDAQ Indexes 

Mgh low Last Om. 

ComPoUM TWjn ra<91 784X1 -086 

Indurtrtcris K3.W —1.71 

Baris 69X17 S92J3 61035 +076 

ffSSSftas 714X7 9110 7110 -80 

SatT B73M 57172 09326 +279 

Tnm 7*022 7 57 26 73770 +0L53 

innlC isoxs mis ms -o 

AMEX Stock Into 

Hh* Law Law am. 
4*024 47822 488X5 +811 

Dow Jon— Bond Awrag— 

dose ChM 

20 Bond* WS0 — OM 

uunmha irax* +<ug 

10 Industrlab 1W0 —051 

Market Salas 

NYSE < tun. volume CT0OXOO 

NYSE prpv. cons, dose 3JOJ+606 

Amex 4 pjn. volume 17X6200 

Amexprtv. ran*. «ose 
NASDAQ 4 Bun. volume SSHS?-]?? 

NASDAQ prnv. < pjn. volume 2BJH61+ 

N.Y.S.E. Odd-Lot Trading 

Buy Soto* Short* 

Jon. 12 1X02X19 1X88534 <0X78 

Jon.il 1XSSX60 L6DL532 60236 

Jon. 10 1.173256 1577X73 8772+ 

Jon. 7 946286 1271,157 87.907 

Jon. 6 961727 102X93 116X70 

•Included fri die aota* ffpvras. 



Hand-delivery 
oflhelHT 
is now available 
on day of 
publication. 
Jusf call 

toll-free: 

155 5757 


EUROPEAN FUTURES 


CtaM 


HU Law Prw.ctau 


Food 


COCOA (LCE1 

Mm* «r imMc tnrtati of it tan 


r 918 

917 

917 

8*2 

on ' 

0*0 

V *26 

928 

*2* 

907 

.904 

90S 



Ml 

922 

918 

919 

752 

S50 

935 

933 

.934 

Est Scries 807. 






COFFEE CLCEJ 

Dafen par motile too-toti of 5 tans 

■too luo Lin 1,157 Lie utb i.isi 

Mar T,l« MW U05 l,m ),m Lie 

Mar L199 L2B1 1305 1,198 1.T97 UK 

JU l.HB 1,197 131 UW 1.199 1,194 

Sea LHB 1.199 U03 MW 1,193 Lin 

Lin Li99 inn un lt92 lws 

L19B 7,199 1,201 L301 . 

EsL Scries zJH. 

mat Low cm 


Jan 


C8M 



Eft eatai U^Prav. tales i 


Open Interest 12 


Metals 


Preview 
■Id AS 


dOM 

Blfl ASk 

ALUMINU M twta .grade) 

Spoc" 3 Wr " VK9JD 115850 110X0 115600 
Firms' d 1 167 JO 176800 MJC0 177U0 

COPPER CATHODES IKK* Citadel 
Dollar* Mr metric tin 
Spot 1760LS0 1761 JO 1778X0 1779 JO 

Forward 17*1X0 17S2X0 1*00X0. 10010 
LEAD 

tan per metrtc too „ 

48150 48 *3 0 47850 479410 

496jn mao mao *nm 

ICKEL • 

Mr metric tan 


TIN 


ky(UO ftttm 

I 569&00 57VB-0Q 570100 571000 


48450 

48S5LDQ 4865JXI 4980410 

awe Bw dg H+gb oradeJ 

iMlOra Pff llWtnCtM 


I 99850 997 JQ 999 JO lg® 


101350 10164)0 10)9410 


Financial 


KM Low Ck 
34WOMTH 5TSRU9M OJFFEJ 

KHMM-PtsolIMPCt- 


940 

94X3 

9455 

+ 0X1 

<HM 

9437 

9479 

+0X2 

94X4 

94J7 

9478 

— 0X1 

9179 

9470 

9431 

— 8X5 

940 

94X0 

940 

—0X5 

940 

94X2 

94X2 

—003 

940 

9424 

9L23 

not 

94.16 

94X7 

. 94X7 

—0X5 

94X0 

93X3 

9X93 

—0X5 

93X8 

9378 

9375 

—007 


Eft volume: 60LQ50L Open Merest: 419X89. 
3-MONTH EURODOLLARS IUFFH) . 

31 mIHleB - pis of M8 pcf 


Jon 

S£ 

Mar 

Joa 


96X2 

960 

960 

— 002 

9635 

9632 

9632 

— 004 

96X8 

96X7 

96X2 

—0X6 

95X9 

95X9 

95X4 

—0X6 

950 

950 

75X9 

—00 

N.T. 

K.T. 

733d 

— 053 

N.T. 

N.T. 

9106 

— 0X« 


EiL volume: 990. Open Interest: 7325, 
MtONTH dJROMARKS OJFTRB1 
DM1 mBDao - Pta Of M PCt 


«<sz 

94X3 

74X5 

— 0X3 

9496 

94X3 

9485 

— 006 

9532 

9521 

9523 

— OS* 

9S0 

95X3 

95X5 

— 0X7 

9574 

95X1 

9561 

— 0l11 

1582 

150 

9571 

—aw 

95X2 

95L71 

9571 

— OlO 

9574 

9SX2 

950 

— oia 

9162 

9554 

950 

—006 

95X5 

950 

9534 

— OID 


Est volume: 179X78. Open Interest: KEU9L 


LONG GILT (UFFEJ 
nuee-pte A32n»ttof 1 


NO pel 

Mar 11946 11*54 1W09 —044 

Jap 110-19 118-14 117-31 —0-24 

EsL whinw: 1003161. Open httrat; 103660. 


GERMAN GOVERNMENT BUND CLIFF EJ 
i-pts otlM pet 


DM 


101 as 10046 100.74 — 0X2 

Jn 101.15 10080 10049 —0X2 

EM. vatame: 187X02. Opwiintareft: 182514. 


Industrials 


u« . lot seme Ctrtn 


Him 

GASOIL (fFE? 

UJ.deUorsptr metric toaJWsotlM teas 


Feb 


145J5 14250 14150 T45LJ5 +ZIM 

1X1 JS 14JL50 14325. +M5 

140JS 141 JD WJJ0 —033 



U S. /AT THE CLOSE 


■A 






December CPll$is^ P+2% s ^ 


MI J0 UT2S — L75 
14225 H2S — 125 


14M0 14X50 14425 W42S —1410 

B:.‘ im IIxbq IfuS 154X0 TmH 
Me 15621 15450 15550 156JS .UflOw 
Est Salas 3U6> . Prav. SDtas Z7.177. 

Open tatereft-iOUto 


HSSS & SsSRr 


iff 

AN 


Op 


rBorr el iet i at Loot barrets 
1X71 1XX4 1345 1168 +-C.16 

nxs 13X3 .1161 SS +im 

UM: __ I3JP TL73 .+ ILU 

”” 13JK +04M 

14.10 +0UB7 
1473 .+0,10 
14X5 +.500 
UJ7 +OM 
4470 -UnetL 
. SOUS 4SJ44.Prev. soles 51 JI2. 
m interesi 161X58 


n» 1845 "1U5 

14.15 I4JM . un 
1436 1420 1423 

Un U40 14X4 

U33 I4J7 

1438 - M20 




Stock Indexes 


mm -low ■ am 

FTSE W8 CUFFEJ 
isperjpdapatat 
Mar 3396 5 33SM 33685- —145 

An JmO 33755 133815 -165 

M.T. ■ N.X. 33985 —165 

vntumer 19,983. Oeaa tmanaH 78358. 


Sources: neuters. Mont Associated Prtn 
London tort Financial PWuna Bxctm p* 
tonp MM t a m Ejcefiaaom. . 


Spot 


AtamCnnfn.15- 
Cettca.Brax.Bi , 
Ca 


Today 

. 0.533 

0X15 


Iron FOB, tan 

StS.^rwro*. 

Steal (senmi.t 


0524 

__ oSK. 

^ **■ *1 
m2S - "raS 


Dlvldsnds 


Cumpanv 

7 STOCK SPLIT 
Marshall <ndus>2far 1 soMt 
CORRECTIOM 


Per Amt Pew Roc 


stack spilt 


x Ktl 

meant 4 pay data on 


2X 

115 tar » 


Amer Cop Cv Secur 
njn Stral RRy 
Indus* . 

Free 

F&MBncpMa 
Franklin AdTOSGw 
Fraiklln CvSecur 
Franklin Eq Into . 
Franklin GUKSv - . 
Halteros IncoSec 
Houtaew tnc 
Lmdtawinc AM 
Nations GYlncaJOBJ 
NttiCaral HotGa 
RuWjormom Inc 
JtmafnniUvc 


REGULAR 

Q 27' 

Q .10 

1./J8 
5 & 

M 553 
M 555 


141 >15 
1-25 >25 
>M >11 
1-31 2-15 


M T 


ts 


M 


.12 
B ->1fi 
0 54 

M 56 

S:lS 

a js 


1:13 Ml 
1-13 141 


>21 Ml 
.2-24 3-5S 


>1 >15 

1-21 1-20 


>1 >15 
>11 >1 


Moral; B-pawMc In OnataBn n ... 
ujuul l it r i .xiawtefly; > — m l w oo l 


Ccnala afTcriBgr of lecnrtihn, Haneitl 
lerrico or iw tm a In icai cm pMkhtri in 
this newspaper we not tafaeritad ix CCftam 
jwMiUi o u i ie aMefc ihe I nlriiiwton il HsM 
Tribanc U dNtribued. Inchidlnt die Uiiled 
Shim or America,' ud do not ctmsdtwe 
ofTcdnts of scuuiixs, su rices or liucicoi ie 
iboe Joriafictioos. .The Ixtemukiail Herald 
Tribine anmiei do m pO MiM q. wlmau c v er. 
for nj Miwtbe»afwo8am|B of my Uid. 


WASHINGTON 

“fiaSSM^fe-SBS! 5 

I99lthe strongest anmialg^s^cmlW !meiiipkmnoit 

28,000, following last week’s revised o* 62 ^ 00 - 


, &.Cd reported 
of S6S6 nriffion 
tn 5392 raink m. 


M]WU| _ 

Mor gan Has a Record 4ft Qnarier 

r ~ : NEW YORK (Combined &Ca K 

LUMamecred recorf quarterly tr^ reven^™ 

jg thg fomth quarter, boosting its income for tOcp 
•^AnS^bad been expectiiignuro^Qf 

MorgstfTammal income rose urSl.72 bfllioa, up fixnn $1.15 Dunon m 
past-due intensst daims from Argentina. (Reaten, Kmffit Bidder) 

Paramount Sets RcfeBng Deadline 

new YORK (AST) — Paramount hSS 

the bidding Kne, settinga Feb. 1 dale for feral often im theheated battle 


company earned 71 cents a share. . . 

Mr. ONeil said he most Bkdy would lower Ins estimate for afl of the 
1994 year, wiririi cods on Rmo 30. He lowered tetinid-qirarter estimate. 


11RNVBD, “ "V — . * 

headcM, afto’ Quaker Oalsannotmoed TJwradAy that its second-quarter 
ftiming i could be 15 percent to-20 percent below last year’s 77 cents a 


The company attributed ^the «tprfiiie to a weak European economy, the 
amative impact of financing costs in Brazil and reduced foreign-ex- 
cfaangohedge gains ^in Ernope^ 



By Brett D. Fromson 

Washington Post Service 


NEW YORK — The Securities and Ex- 
change Commission is investigating personal 
trading by mutual-fund managers at Fidelity 
Investments, the world’s largest mutual-fund 
company, sources in Washington have said 
The sources said. SEC investigates had asked 


for records of trades from Boston-based Fideli- 
ty. The investigation, announced Wednesday, 
follows an article in TIm Washington Post say- 
ing Fidelity has tightened rules regarding per- 
sonal trades after the discovery that employtes 
bought stock for personal accounts that rose in 
price after Fidelity funds also bought shares. 
Fidelity bad no comment. 

, {Erector of the SECs invest- 


ment management division, said he could not 
comment, even about whether there was a spe- 
cific investigation. 

‘In general,” he said, “we will be extraordi- 
narily' aggressive on these matters. We have to 
be. The issues surrounding personal trading by 


For the Record 


fund employees raise questions about the fun- 
damental integri 


industry.' 1 


integrity of the entire mutual-fund 


WORLD STOCK MARKETS 


Agra* tana Now Jon. 13 
OoatPrvv. 


Amsterdam 

ABN Amro Hid 59.90 700 
ACF Holding 
Argon 
Ahota 
Aka» 

AMEV 
Am»t Rutter 
BotaWonman 


Helsinki 


106. re 10750 



Amr-Ylttvnxi 

Enso-Gutzclt 

HoMamafcl 

KJO.P. 

Krmmata 


Nokia 
Poll lota 
Repota 
Stockmann 


WDttsra/KJiiwer T2LB0 1200 


&&8Z?}!SS :nsj5 


Brussels 


AeeoUM 

AG Fin 

ATMd 

Borco^ 

Bakoorf 

Cockerns 


4460 4560 
2325 3410 
20B5C2TMS 

175 178 


Dslhcln 

ElodratKH 

GIB 

Kradldbank 

Patroltaei 


56W 5790 


. 1456 

6550 6680 
1480 1498 

ss 

1S1SS 


- RavolEM 

— Sac Gan 


sofno 

SaNW 

Tracti - 
UCB 


SSISSSo. 




Frankfurt 

1785017850 

6»ro “Sa 

3S2503605D 
497 — 

551 


AltknHHoM 

AIMM 

AsfcO 

BASF 

Bavor 

Bay. Hn>o bank 
Bay Vanlnsbk 


497 500 

70S ra 


j{BSfe 

Haccftft 


BBC 
WHF . 

BMW 

QMi w nar z Bonk 

DatartSrBanz OT 

sr^ck 2a* ss 

DmSSSnBank B3S851A 

S?3S ra-nk 44^4*3 
Fatdmuawe ^^331 
F Knm Hoasdt TO TO 

tmnrnr g ^ 

1220 1255 
301 30* 

Holznam IBB IM 

337 239 

378 384 
16050 167 

536 560 

Wiu WJOUOD 

KlocdBW Wartoir^TOSO 

18018730 
404 4» 

403 414 

NA. Z» 

MlMflttRUKfc 3g0 3g 

mS aiaS 

5025050950 


IWKA 
Kali Sole 
Karstadt 
KauBiot 
KHD 



RheMmeWl Jfi jSS 



116 115 
41 BO 40X0 
200 197 

1350 1320 
720 720 

210 215 

317 317 
99 95 

110 109 

300 310 




Hong Kong 


Bk eost Asm 
Ccdhay Pacific 
ammo Kona 
China UgW Par 
Dairy Farm Inri 
Hans Luna Dev 


Ham Song Baric 
Htndwson mm 


. Land 

HK Air Ena. 
HKOdnaGas 
HK Etoarle 
HK um 
HK Realty Trust 
HSBC Holdings 
HK Shorn Ht is 
HK Tatecamni 

HK Ferry 

Hutch Wha mp oa 
Hvsan Dev 
JarOtne Math. 
Jardtaestr HM 
Kowloon Motor 
Mandarin Orient 
MHwnar HotmJ 
Mw World Oev 
SHK Proas 
Ststux 

Sw(re PncA 
Tai Cheuna Pros 
TVE 

Whorl Noki 
winaOn mn 
winsor incL 


5550 5850 
1220 1280 
4125 4325 
4825 «2S 
13J0 1170 
1680 1830 
6850 7050 
43.75 5050 
4150 fi4J5 

19 2050 
27.10 27 JO 

» 2550 
25L90 26J0 
103 107 

11X0 1180 
14J0 15.10 
1180 1230 
31 33 

2* 25J0 
65 6850 
2958 31 

2280 2370 
9SS 1888 

20 2080 
3150 3*85 

62 6680 
5X0 5X0 
5450 5750 

TS’S 

3150 3275 
1380 mo 
13X0 1480 




Johannesburg 


AECl 

Afloati 

Anglo Amor 

Barlows 

Blyytxv 

BuffOtS 

Dt Beers 
Drtotontota 


18 IS 


93LS7 9150 


200 
2L75 2680 
1075 1125 
52 56 

1141)075 


GFSA 
Harmony 
HbhvMd Sled 
Kloof 

NwlbankGrv 
Rondtontota 
Rwptat 
SA Brews 
51 Helena 
Seoul 
win tom 
Waste, n Dm 


870 9.10 
108 112 
26 2658 

19 19 
5150 5175 

20 2873 

46 a 

SO 82 
B9 93 
48 44 

1875 19 

47 49 
187 195 


SS52STS5S 3z : 


London 


AM»y Nan 

Anted Lyons 

ArtawKalns 

AryVll Grow 

Ass Brtt Poods 

BAA 

BAs 

Book Scotland 

Barclays 

BO** 

BAT 
BET 
Bins! 

BOCI 

Boon 
Bewatsr 
BP 

Brit Airways 
am Gas 
Biit Steal 

Brit Telecom 
BTR 

CaW* Wire 
Catttxiry Sen 

Caradgrt 

Coots Vive l la 
Canun Union 
Caurtautds 
ECC Group 
EnterprbeOH 
E u rotu nn el 
F Isons 
Forte 
GMT Acc 
Gtaxo 
Grand Met 


586 

645 

248 

199 

589 

90X3 

634 

280 

582 

550 

5LI7 

1X9 

162 

687 

557 

481 

158 

481 

336 

183 

4X8 

150 

454 

525 

488 

2X3 

153 

5.10 

iti 


487 

659 

IS 

18 


4J8 

1W 

584 


6.10 

1^ 

171 

780 

6X4 

483 


1X0 

1X9 

M9 

5X1 

475 

U3 

47B 

142 

184 

4X2 

3X9 

493 

585 

429 

2X3 

6X2 

109 

sar 

455 

6.15 

188 


» 


6X7 

484 



OOH 

Prev. 



fnl 



■y -1 

GUS 








BfV- ■ 

HSBCHMgs 


70 

733 


5X3 

5X8 


735 

734 




Lend Sec 















Mart* So 


447 

ME PC 

498 

40 

Nan Power 

476 

4X1 

fWIte st 

50 

50 

HHiWsi water 

570 

561 


6.17 

*31 

P8.0 

634 

6.17 

pnklre-can 

10 

10 


5X3 

551 


30 

J66 


HUB 

V0 

ReddttCoi 

690 

60 


5X7 

6111 


8J3 

066 


1054 

HUB 

1 „ 1 'IZ-m 

1&10 

10 

467 

HUB 

10 

40 


4X8 

451 

f?TZ 

&M 

427 


40 

40 


562 

543 


KM 

40 


132 

10 


5X3 

593 

Shell 

7X7 

70 

Slsbe 

Smith Nephvw 

50 

10 

td 

SmllhKltacB 

4X6 

4 

Smith fWH] 

510 

512 


3X7 

30 

Tote & Lyle 

4X7 

430 


2X7 

70 

Thorn EMI 

10X2 

10X4 


20 

20 


2X7 

20 


110 

110 

UM Biscuit* 

30 

365 


5X5 

590 

worum3M! 

52X7 

5325 

Wettootne 

6X8 

631 

Whitbread 

561 

567 


30 

3X7 


230 

227 


B770 



Madrid 


BBV 


Bco Central Hbn. 
Co Santander 


Baneo 
CEPSA 
Droaados 
Endesa 
Ercnn 
imnlrala I 
Reosoi 
Tabacalera 
Telefonica 


3060 3110 
3255 3240 

6620 tan 

2910 2870 
2500 2500 
7100 7030 
142 146 

1020 1010 
4630 4655 
4300 4330 
1925 1920 


S&e5F!3r!3“ : 


: 330X1 


Milan 


Banco Comm 
Bastes! 

SPemnFMi 

CIR 

Crid llal 

Enfchem 

Fortin 
Ftrfln RISP 
Flat SPA 
Finmeccanica 

Generali 

IFI 

ItaKent 

(Moos , 

iMmonmwe 

MKBOMKS 

MonMlson 

Olivetti 

Plrartl 

HAS ^ 

Rlnracenta 

Sskwtn 

San Poota Torino 

SIP 

6ME 

Snlo 

Stondo 

5tel 

Toro Asst Wta 

MB index rM 


«M 4900 
7K50 7830 
26810 26900 
1740 1729 
2160 2218 
2150 7100 
1560 1526 
508 500 

4309 am 
1450 1469 
381S0 37W 
16081 16148 
11290 10950 
5795 5215 
36510 55800 
13805 13960 
960 920 
2101 2056 
7770 3725 
26650 26650 
89BS 9149 
. 3325 3390 
TtMMUBSO 
3450 3499 
3530 3530 
1492 1475 
28500 29510 
4180 4165 
275D0 29700 


mig tnufA 

Ff wnu i : w 


Montreal 


Alan Aluminum TWfc » 
Btaik Montreal Bg 28 
Beil Canada <2% 42W 


CtaMFrsv. 


Bombardier B 
Cambtor 
Cascodes 
Dam Mon Text A 
Donohue A 
MacMillan Bl 
Natl Bk Canada 
Power Carp. 
OurtecTeT 
QuebecorA 
Ouehecor B 
Tetaotobe 

Unlva 

VWeotron 




2M 21H 
23% 2He 
7W BVi 
9% 9% 

24% 244u 
71W 21^6 
11 107k 

21 201k 

22 7!*k 
lira is* 
Iff* 19W 
21k. 2tw 

7W 7W 
2Jhi 2«» 
20MX6 


Paris 


Accor 680 684 

Air LtauMr 868 883 

AtantolAtamom 778 792 

Aao 1569 T559 

Boncolre [CM 632 648 

BIC 1330 1360 

BNP 278 277 

Bouvoues 745 751 

BSN-OD 951 9*9 

Corrotaur 4043 4108 

C.CF. 286 289 JO 

Coras 13480 177-90 

Choroeurs 1353 1369 

Omenta Franc 349X0 350 

C tab Mod 371X0 372 

E It -Aquitaine 401.10 402 

EK-Sonofl 1075 1094 

Eura Disney 36JD 3*70 

GetkEoux 2831 2930 

Havas -“0 4« 

I metal 6IS 609 

Latarae Coanee 451J0 460 

Leurand 5720 5850 

Lvon. Eoux 595 593 

Oreol (LT 1315 13*2 

L.VJMJL 3965 4074 

Matra-Hachette 15B.10UU0 
Mkhetta B 233J0 234J0 

Moulinex 120X0171X0 

Pochlnev Inti 208214.10 

Pernod- Ricmd 434.90 438X0 

EXSnsUW, ^ & 

RatflolechnlOue 461.9046410 
Rh- Poulenc A US Hi 

Raft St. LOutJ 1465 1666 

BB«“ VI 

SteGenerale 730 739 

Suez 349.10 33A2® 

TMmsoiuCSF 202^0 206.90 

Total 320X0 32340 

UAP. 42S 425 

Valeo 1383 rag 


ffSS^SA^” 


To Our Readers 

Stock prices from 
Sao Paulo were not 
available Tor this edi- 
tion due to problems 
at the source. 


Singapore 

Caraboi 4X5 450 

City Dew. 

DBS 

Fraser Neave 
Gent Ins 
Golden Hope PI 
Haw Par 
Hume Industries 


Kepael 
KLKeFong 
LumCbano 
Malayan Banka 


OUB 

OUE 

Sembawena 
Shanarlla 
SI me Partly 
SIA 

SttreLand 
SWePresL 
Sing StoarnsMa 


6X0 440 
11.10 II4S 
I4JU 14X0 
17J0 1448 
174 110 
334 142 
4X0 4X0 
5A0 425 
1020 1110 
102 334 
1X1 1.93 
8X0 BXO 

13 IXW, 
7X5 BAS 
725 7X5 

14 16X0 

sjo an 

3X4 386 
7X8 7X5 
. 6 42S 
14X0 1480 
3X2 3X0 


5W* Telecomm 344 3x8 
Straus Tradina 3X0 164 
uos HJxg itua 

UOL 1-98 2.16 

ms*®® 171 ”* 


Stockholm 


AGA 
Ajea A 
AsJraA 
Anas Copra 
Electrolux B 
Ericsson 

Esseiie-A 


® a 

S 184 

i 
?s * 



Class Fray. 

Hanaetabanfcw 

121 

126 

Investor B 

172 

170 

Norsk Hydro 

Z36J0 

238 

Procordta AF 

135 

131 

SandvIkB 

120 

120 

5CA-A 

10 

145 

S-E Balkan 

£230 

62 

SksndlaF 

186 

IBS 

SkoasSo 

226 

217 

SKF 

152 

148 

SI ora 

05 

434 

TraiisboraBF 

860 S3. Si 

Vatvo 

577 

585 


171135 



Sydney 


Amcor 

ANZ 

BHP 

Borat 


Bougainville 
Coles Myer 


Comal ca 
CRA 
CSR 
Dunlap 
Fosters Brew 
Goodman Field 
ICI Austrado 
MwrUan 
MIM 

Nat Aast Bank 

News Carp 

Nine Network 
N Broken Hill 
Pioneer mn 


9 JO 9J2 
4X6 4X9 
18 1824 
424 AST 
085 0X4 
526 536 
4X0 


17X3 17 JO 


N randy P o s eMo r 
•cr Resourcxs 


OCT 
Santas 
TNT 

Western AUidns 
Westuac Banking 
WoodsMe 


. 5X8 
5X0 5X7 
IXS U7 
1X8 1J1 
10X6 1050 
220 220 
2X6 2X4 
12.10 1220 
925 929 
5J2 5J6 
3X7 172 
ZX7 Z 90 
2X0 2X< 
1X8 1X7 
1X0 3X1 
119 221 
4X4 7X9 
4X7 4X8 
4.16 425 


«saa^wa“ j 


: 2177X8 


Tokyo 


Altai Electr 
ARM Chemical 


Br Weestane 

Cam 

Casio 

Dal Nlpnan Print 
Dalwa House 
ftjhma Securities 
Fomic 
Full Bank 
Full Photo 
Ftnitsu 
Hitachi 
Hitachi Cable 
Honda 
itaYotado 
Itocbu 

Jamn AlrDnes 
Kalbna 
Kansat Power 
Kawasaki &teei 
Kirin Brewery 
Komatsu 

Kubota 

Kyocera 
Matsu Elec Inds 


Matsu Elec wka 
1HBI1 


MlbuMsML 
Mitsubishi Kssel 
MitsuHsMElec 

MMSUlrisWHev 
MitsuMstu Cora 
Mitsui and. Co 
MUsufcesbi 
MIRutm 
NEC 

NGK Insulators 
NUdco Securities 
Nlman Kagaku 
Nippon OK 
Nlopon steel 
Nippon Yuxea 
Ntsaan 
Nomura Sac 
NTT 

Otvmput Ootloal 

P lw »« r 

FUcoti 

Sanyo Elec 
Shcra 

Shimozu 
Sbtartw Own 
Sony 

SunUomoBk 
Sumitomo Chem 
Sum! Marine 
Sun llame Metal 
Tobol Carp 
TgisM Marta* 
TokedaChem 
TDK 
Tallin 

Tokyo Marine 
Tokyo Elec Pw 
Tanpon Prtnnng 
Torav Ind. 
ToshlflO 
Toyota . 
YamaktoSec 
a: * m 


S3 


Ctaee Prwv. 


Toronto 


AMttolPrtca 
AontcoEoWe 
AlrCunda 
Atoirta Energy 
Am Borrlck Res 



16W 1M4 
IT* 1798 
5* 5tk 
lMk 18V> 
4«* 29 


S IA 46Jk 

« 31* 


Packers 
__..Tlr»A 
Canto r 
Coro 

CCLlndB 
Clnrdex 
Cominco. 


16% l« 
MM MM 
aw HA 

^ K 

1 3 

34tk 3RA 
Padflc 23V. 22N 


Inca 

Ejcpt 

Min B 
MfnA 

Dotosco 

Dylex A 

Echo Bav Mines 
EQUtty Silver A 
FCAInll 
Fed Ind A 
Fletcher Oian A 
FPI 
Gentra 
GotdCarp 
Gulf Cda Res 
inn 


121k 121b 
MI4 16V. 
4414 4498 
SVk 5V% 
I0M IBM 
198 3X8 
2BW 21 14 


(in §23 
7M 7M 
25 24 Hi 
128 Mi 
IBM Wk 
J.17 1.17 
3X5 390 
M ih 
21M 22 


(U2 0X2 
9 9V. 

4Ki 4X0 
Uh 16=91 


Hamid GW Mina 14M MM 


14M 141k 

S3 ^ 

3TM 31M 
20 19M 
22Vt 22V. 

S I4 23 
M 11W 
65 45M 
24 MWf 
8M SVk 

ss ^ 

7 7Vk 


Hal Unger 
Ho rs h am 
Hixtson-s Boy 
tmasao 
Inco 

lnterpro v pipe 
Jannodc 
Lctautt 
LobtawGo 
MocicBiaie 
Magna Inti A 
Mceltlme 
Mark Rn 
MacLean Hunter 
Motion A 
Noma Ind A 
Naranda Inc 
Nonakda Forest TZV. 12M 
Norcen Enerar Jfli 

Nthern Telecom 43 m 
Nava Carp 9M 9 M 

Odtawa 21M 23 Vk 

PagurtaA 3X0 395 

Placer Dome 35V. 344k 

pocd Petrefeum him HHh 
PWACorp 126 124 

Hayrack ISM 15M 

Rww b pance 28V. 29 

Rogers B 223k 2ZVh 

RoJtirnon* MOM W«& 

Royal Bonk Con 2936 29H 
Sceptre Res 
scotrs Hasp 


Sears Can 
sica Gan 
Sherrttt Gordon 
SHL System hse 
Sautham 


127k 12Vfc 
94k TVS 
37V. 371k 
9M m 

9Vk 9M 
1816 17*4 
39M 2Q 
TVS W6 
3DM 3B6. 
24 2M 
17 16M 
223k 217k 
VM 25 

15V- 1W; 
20 20M 
X9S 4 
14U 1616 

an aw 

as 0X5 

r*WHw| » DRURefR 


SI* CO A 

Talisman Enera 
TeckB 


Toronto Donto 


TorstarL 

TRPWNtaUttl 

TransCda Pipe 
Triton FW A 


Zurich 


Adla inH B 215 25 

Alusutsse B new 615 62B 

BBC BrwnBay B tin 1133 


CttaGaJgy B 
CSHeMimB 
EtofetrewB 
FbdierB 
interdHawnt B 
JeimoUB 
Landis Gyr R 
Leu Hid B 
M u euen u fcjt 8 
HestteR 

Oertlk. Buettrte R 
PaniesaHId B 
Roche Hdg PC 
Satra Republic 
Sanite B 
ScMndtorB 
Suiter PC 
Surveillance B 
Swiss Bnk CoreB 
Swiss Retasur R 
Swtstatr R 
UBS B 

WlntertnurB 
Zurich AssB 


900 919 
699 716 
4890 4W 
1225 1265 
2410 2429 
995 98D 
945 985 
745 749 
4SB 459 
1312 1325 
132 05 
1580 1570 
6330 8415 
139 141 

4150 4218 
7300 7340 
860 880 
1990 2010 

£ £ 
780 763 
1398 1408 
806 833 

1989 1540 


BWS&SfflP 


U.S. FUTURES 


Mali Law Open High Low Close C2a OpJnt 

VtaAmdotaFipi tan. 1 3 


Grains 


W HE AT faWII smtwfiMnim-iMeeMrBaM 
100 Mar 94 3911k 394M 3XM 392 


3jmk 100 MuH J9 TVj 3J4W 388M 192 *0X116 29X30 

3xm LOO MoyMSXm 372 X6714. 330J6 +0XS* 9,111 

L5IW 296 Jill 96 1505 156 U2W 3X4M +0.04% 13X41 

35» 3X2 Sn>94 3J6M 3X7 3X116 3X6H +0JS LOU 

3X0U 3X9 OKH 3X4 1441k L4ZM 3XJJk +0X* 2,111 

XZ7 ill JUt 75 U7H 4 

Est series HOBS wed'twriBS 9XG 
WHTs open bit 34712 on 431 

WHEAT {HBOT} MM bu n *l*l m i PtaM e ewbuPta __ 

192 2X0 M»« 3X8 8X9 3X4 3X6M +0X216 2L174 

14916 2X8 XOPyM 374)6 174» 14916 37114 4-040 TA79 

3X9 2X7 JlPW 153V. 351 3431k ISJVk +O0«4 8X37 

147% UnVkSeBM 353 355W 3X9 3X4W -HU* 1X54 

155 UIHDkM 3581k 359 W 157 33715+00554 LBB 

3ffl» X52 MvfS _ SXlIk +0X516 

EstKriee ha. Wed - *. mbs 7J71 
Wed’s open bit 39,148 off 451 
CORN (WI1 S4BOBeiiei* w ^doeari»wPiWI 
low TJPkMcr’H 110 111* 307K IN +OJBUOW35 

2381kMayM 3J3 L16V6 11216 1U +0JJ55* B4X52 

2XT JlPM 116 1106 113 . 115% +00516 71X66 

ZAKkStnW 2J0» 29H4 24PW zfl +OB4V4 0,7*7 
33616 Dec74 2J116 273 14916 2J1 *003k. 36J64 

253ViMqrf5 U6Vk 277 27516 27614 HUB» 1390 

276 MOyTS 2791k 2X8 279)6 2X0 MUM 243 

27616 Jut 95 2X0 2X1 2X0 2X0 +003 U6 

25flkOec*5 15716 15716 2X6 156 +08)16 40 


11414 

115 

29216 

172M 

17716 


2X1 

25816 


Esl series 85X00 Wbd's.saies *V«3 


Wbtrsapenbri 341641 off 1990 
50YMM(S 


7X1 

7X4 

7X1 

750 

7JS 

6X3 

757V. 

44316 


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WASHINGTON (AP) — Dmg cofflpakws will roaal a record $13.8 
biDkm on ros^an^dfivdDpmenittos year,_but;5ra _rare Qfgrowth is 
the smaUest since the Lade \9lQs, an industry groflp i nu esflgy . 

At the same time; vriantary price restramts and increased caa yenno n 
haw sharply reduced the rate at which d^ prices have been ctanbing, 
thp Fharmaceatical Manufacturers Association raid. 

The association president, GtraM MossogbafX, raid its 100 member 
companies ■ — tn rJnrKng U^. companies and Ameri ca n subsimanes of 
formn drag dwimaiiifiB— ^ wodd bolster (heir reseat md detotopnient' 
budgeta by 93 percent tius year, down fromlfU percent m 1993. 

Qnaker Oats F+arnings Estim ate Cat 

CHICAGO (Reatea) —An Oppcnhamer & Co. food malyst, John 
O’Neil, said Thureday that he cat eanmgr estimates for Quaker Oats 
Co.’s third quarto to 63 cents a share from 75 cents. A year earner the 


¥ 


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SlNET’fiCbnnedficatDala Highway 

NEW HAVEN, Coimectiait (Combined Dispat*es)— Southern New 
England TekcommUBKartkms Carp. s^Tlwrsdmr that ft-ptamed to 
^xnd $43 Inllion over the not 15 years to bttod an rafonnaorai 
smrerhiriiway” 'u Connecticaii ' 

The saperfeghway, caBed f-SNET, wffl be as iiriecactive mnltimedia 
coomituucatia&Ji nwtrwirir, tha nrunp aiiy said. The improved isfrastruo- 
tnre ia meant to attract businesses and jobs, improve education and 
enhance health care. (Raders) 


PttEps Consumer Electronics Co. said 'tint it Ind been chosmtyltejl 
AitenttoCoiTp-as^teadSti^^^ TiTfafli gc rrf ^gaatieram^fbrtdrti- 
grntr and information netw^fete run over td^bc^Kne^r. (IRborabcrg) 
Alcan ARuumuu Ltd. prans-fo cut IStijOOO.in^c tons of ahmnnam 
bntpnt in the coming two months became of a wa n d w i de aversnpply of 
themetaL . .• (Krdtfn-Ridda f 



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INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


Page ^3 


ilr-M 


Moscow 9 s Debt Comes Into Focus 

An Investment Oppomnity lor the Strong-Hearted 


^Selc 


LONDON - — Reuters 


Quotron infoanafioD service from 
Citicorp. for an undndosed price. 
The bank will, take a chaige raatal 

to the 'sale that wfflfut its wimin g i 
dimply irittefourth q uarter. -. ■. 

Quotron screens proyide meal- 
time quotes, ncws dim analysis on 
stocks to pttf esricmriinyestors and 
brokets in the Unfed States. Ren- 
tas also provides equity infanna- 
tion, burns main strength is In the 
/onagD-exchangc, money and capi- 
tal where its tcnnirials are 

fl aggy nspd wcridwde. 

busmess means Realm has -gone 
from so also-ran into the world- 
leader with 25 percent of Hk inter- 
n a ti onal cqurtymarket," said Alis- 
tair SnK^ananalystwhb Lehman 
Brothers. "The transaction repre- 
sents an excellent deal for Reutera.” 

co^^fsmd afvSw 

nriQum m the fourth quarto; winch 
coded Dec. 31, after a restructuring 
charge oTS42S nnOkm principally 
related to.the Quotron sale. 

Analyst* riodthe Quotron purr 
chase price was likdy to.be low. 
“Citicorp are vixtnally paying Reu- 
tets to relieve them of it;” said Mr. 
SmeflieL 

Renters shares rose 26pcoce af- 
ter the announcement to £18-54 ot 
the London Stride Exchange. In 


51375 io $40 in - late Hatting, re- 

- fleeting investor, satisfaction with 
; the. quarterly earnings prospects, 

'despite, the Quotzon charge. 

.: In the third quarter, -Quotron 
• -lost $19 motion, bringing its loss 
for the year to date to $33 million, 
. conquered : with $40 mflti nn for 
: 1992: In 1992, the unit lost $503 
■' -nriffion, reflecting- $400 nuTHnn of 

- rJifligpg . , 

. Estimates .for the number of 
Quotraif s "equity terminals range 
. from 30,000 to 45,000. Reuters has 
‘.about 212,000 .termmfllc hot it has 

- less than I.Ojunperit of the market 
fra:- U.S. equity information, where 

-. Quotron is strongest. 

T^ Gticorp raid it would writedown 

- the vahretrf ite assets ly $1?9 mil- 
licn in tire founh quarter as part of 

QnOtron’s sale, vrfnch T mrwnns jab- 
ject to regulatory approval' 
Gticorphas agreed to underwrite 
some of Quotum's operating costs. 

- - f^ticpi p oriH Iniyfl 

Quotum would not- include the 
unit's fon ^vadany transaction 
business, serving more than 260 
. banks worldwide, and its Electronic 
Braking Services, patl oT a group of 
"T3. international hanks. Reuters 

- Hnmjnatwt this haiempy y- yrth a bout 

94 jwoeat of the wodd'inadcei, 
utile Quotron is a distant' second 
with about 4 percent, according to 
L eh m a n jfeotfaras... - {Bloomberg, 
Reuters, Knigfti-Ridder) 


By Richard W. Stevenson 

New York Times Service 

- LONDON — For ups and downs and 
uncertain ties about what lies around the next 
tom, few investments can compare with the 
raOoKsoaster ride of trading in the foreign 
bank debt of the former Soviet Union. 

Since April 1993, ibe debt, winch is traded 
on secondary markets, largely by institution- 
al investors, has ranged between a low of 15 
cents to the dollar and a high of 55 cents early 
last month, according to traders in Lond o n. 

After nationalist parties made a strong 
showing in Russian parliamentary elections 
Dec. 12, the debt dropped to near 40 cents to 
the dollar, rose briefly to around 50 cents and 
has now settled at about 45 cents. 

. Guessing where it will gp from here is no 
easier than divining the coarse of Russia’s 
political and economic transformation. The 
markets have been jittery about develop- 
ments in Russia. The ruble has fallen 7 per- 
cent against the- dollar since Jan. 1. 

- But trades said that for tire investor with 
nerves of steel, the next few months will 
provide a good opportunity to make a bet on 
Russia's debt, winch has a face value of about 
$24 billion. 

“Rnsria is one of tire few countries that still 
has a substantial upside," said Nicholas Jor- 
dan, a trader at Chemical Bank in London. 

The debt’s prospects hinge an a restructur- 
ing deal between tire Russian government, 
winch has accepted responsibility for the for- 
mer Soviet Union's external loans, and West- 


ern commercial banks. The Soviet Union 
stopped paying on its commercial bank loans 
in 1991 after die attempted coop against 
thenr President Mikhail 1 Gorbachev. 

The two tides agreed on the outlines of a 
deal last summer under which repayment 
would be stretched out but none of the loans 
forgiven. Completion of the pact has been 
delayed for months, however, primarily by 

For investors with 
nerves of steel, the next 
few months will provide 
a good opportunity to 
make a bet on Russia’s 
$24 billion of debt. 

the banks' insistence that Russia waive its 
right to sovereign immunity, leaving it open 
to being sued for nonpayment or having its 
assets abroad seized. 

The deal calls for a payment of $500 mil- 
lion in ca«h against more than $ 2.5 billion in 
overdue interest, with the balance to be paid 
in notes after a five-year grace period. Princi- 
pal repayments would be delayed through 
1998 and then stretched out over 1 1 years. 

The deaTs fate now seems to hang on 
whether the government bong assembled by 
PrcsidenL Boris N. Yeltsin retains its commit- 
ment to the terms agreed on last summer or 


whether, under pressure from nationalist par- 
lies in the Parliament, it backs off. 

Analysts and traders said one sign of the 
deaTs prospects would be whether Finance 
Minister Boris G. Fyodorov, a primary pro- 
ponent of restructuring the loans rather than 
seeking relief from them, keqps his job. 

Al the same time, they said, the commer- 
cial hanks may have to compromise on issues 
such as Russia's sovereign immunity to make 
the deal politically palatable in Russia. 

“With the nationalists hav ing matte such a 
strong showing, the banks win have to com- 
promise, and the sooner they do it the better," 
Igor Sitnin, who trades Russian debt for 
Continental Bank in London, said. “Fyo- 
dorov is the finance minister now. who 
knows who it wiD be in three mouths?" 

In the worst case, Russia could abandon 
the restructuring deal and demand the kind 
of outright debt forgiveness negotiated by 
some Latin American countries in the 1980s. 

Paul Luke, an analyst at Morgan Grenfell 
& Co. in London, said that if the restructur- 
ing deal failed, the price of Russian debt 
would fall back to about 30 cats on the 
dollar. The probability that the deal will fail 
is about 30 percent, he said, based on experi- 
ence with restructurings of developing coun- 
tries* debt. 

He said the Russian debt would be worth 
about 62 cents on the dollar if the restructur- 
ing was completed. 

"At current levels it's probably a buy. but 
only a weak buy, given the risks,” be said. 


v Ffianfcftttf London ’’ ** * r ‘f * ; ' Paris 

:OAX: rrtr: W-:~r:m£lOO Iride*- CfiCAO - ~.r~ *-■ 
, • 

' ! 1 SMB" r * ■ " 3108 W = ■■■ 


FLIGHT : Money Flees Russia at Increasing Pace, Complicating Reforms 


(mvtttries in CFA Zone 
Seek to Dmh Price Rises 




Reuters _ 

ABIDJAN, Ivory Coast — 
Cormtries iutheAfricaa franc 
zone movpd Donsdaytotiy to 
limit price increases after ihf* 
week's 50 peitHjt devaluation 
of their currency- .. 

Ivory Coast, which has the ' 
zone’s strangest coon om y ; afr' 
notmeed a toree-mamh freeze., 
on prices of 34' goods md set- 
vices Wednesdayui^u^cioe d 2 ry 
aftcr the devahation, and after , ; . 
some shops had already imsed 
prices by 60 ipexoetzt erraoce, ' 

tal, were 

•• - i.' . i -* 


pace , increases an smne 
j twm “If s vay confuting: We 
patsocreaf theptkxs upyesttf- 
day, and we’re hamate bring 
ffam dotm'agtih tins monung, 
alxamh inaiia^r said. ' \‘ 
France and tire fmematioml 
Monetary Fund, wfakh forced 
du-.devalaatiori an the 14 nftr 
tkms Tnraday, mgumg that their 
ctmeacy. 'was bvavahied, have 
p nmi^tohc^ttamtrirarftire- 
rimmrnmtA 'Pmmodht AMr' 
caine finaiKebasiciirBports and 
ban^e tiidr foreign debt prob- 
le^Tte CFA framfs value was 
haired, to 1 Ercndh centime. 


Cootmned from Page 1 

extremist pothkaan. Pretideat B01 
Clinton is urging the Russian presi- 
dent to proceed with more econom- 
ic reform to obtain faster delivery 
of Western aid. 

Bat economists and bankers 
dose to Moscow say tire capital 
flight phenomenon, a symptom of 
political and economic instability 
m Russia, poses several threats to 
President Boris N. Ydttin's al- 
ready-fragile reform program: 

• It damages the absfity of Rus- 
sia to seraceits $85 Mllian external 
debt burden. 

• It ahmiK Western aid givers, 
like the Wbdd Bask and huerna- 
tional Monetary Fund, who fear 
that same of the billions of dollars 
slated for Moscow could end up in 
f areign bank accounts. 

• It Is shaving Russia of pre- 
cious foreign-exchange earnings 
needed to modernize mdnstiy and 
increase productive rapacity. 

Members of the Paris dab 
group of Western creditor nations. 


who last year agreed to reschedule 
$15 billion of Russian debt, are 
preparing to reschedule an addi- 
tional $1 Wlion to $2 bflfion of 
payments faffing rfne in the first 
four months of 1994, according to 
American and European govern- 
ment officials. A deration to do so 
could come as early as next week. 

As capital flight persists, howev- 
er, and Russia's reform policies are 
affected by domestic political 
squabbling, some American offi- 
cials are saying in private that they 
now con rider it only a question of 
time before it becomes necessary to 
seek a mare comprehensive debt- 
rdief plan for Russia. 

An official at the International 
Monetary Fund said the Russian 
capital outflow was r eminis cent of 
■“Latin America in the old days.” 

Alexei Mozhin, Russia's alter- 
nate director at the IMF, admitted 
that unless Western aid was tied to 
convincing reform .programs much 
of the money “could be wasted and 
very quickly transferred to foreign 
bank accou n ts . " 


■ A senior French banking execu- 
tive with first-hand knowledge of 
the Russian economy said the 
problem of flight capital was wor- 
rying. “There is no doubt that we 
are seeing an acceleration in capital 
outflows," he said. “Many Russian 
companies are keeping more funds 
in foreign banks, and we are talking 
about many billions of dollars.” 

Three Western businessmen in- 
volved in handling Russian com- 
modity exports, whose revenues 
make up the bulk of the capital 
flight, described the problem, but 
declined to be quoted by name. 
One of them, the bead of Moscow 
operations for a European metals 
trading company, said that in mak- 
ing purchases he and his colleagues 
were being “forced to effect certain 
payments to a lot of small two-ceut 
front companies owned by Rus- 
sians and registered in places such 
as the British Virgin Islands and 
the Channel Islands. 

The bank accounts for these 
front companies axe generally in 
Zurich or Geneva, he said, a ddin g 


that the widespread nature of the 
practice “boggles the mind.” 

This businessman said that al- 
though some of the dollar revenues 
were being kept outride of Russia 
for legitimate purposes, large sums 
are amply bong squirreled away 
on bduuf of Russian managers. 

Next Tuesday, officials from the 
aluminum producing countries of 
the United States, Russia, the Eu- 
ropean Union, Norway, Canada 
and Australia will bold their third 
meeting since October to seek a 
way of lowering Russian exports, 
which increased fourfold since 
1990, to 1.6 million tons last year. 
An al uminum glut, caused mainly 
by the surge in Russian exports, has 
nearly halved the price for alumi- 
num since 1989, to about 50 cents a 
pound. 

One American official warned 
that some UJS. al umin um compa- 
nies might bring anti-dumping law- 
suits against Russia if agreement 
cannot be readied next week in 
Brussels. 


?> I ■iCT'A D "S. ■ ■ 

■ ••.=•■ ■ -$££ -viflfljS .’L. V '1694 

• gjpia : ;. jhdex -v ".Yt&jifctey • Sf^v. z* ' ' ■' 

V <7 .' i ^DJ^rr...v-;C3p^^¥ J *Chatige 
.. , V -41535 


tpetex'.". . , . 7 , 6 ??j 4 it ■ ■? -yimm . ' -oj© 

■ v " 

2^74^ +0.12 


■. Madrid-; -.;.- ,- v - Gw-tetef IfkfeK' - ' : ■■■388^1 V. -0.38 

Sf&tl?” ''.'.v't ; 968,00 ;7970.00 • ='..-0-21 . 

& l- ” ' .' .' 2^f^o' ■' 7 -i.30 

■ ; Sfodcfw^^ • • ; Wfjs J - - : >o.o3 

. 49SRO- 501.18 ' . .--1.07 

:^^--7yV:x^^=7s;- .i r :\ 1^1557"' .-1.33. 

Sources. Rooters. AFP IntenonmiaJ HenU Tribune 


Very briefly: 

• Euro Disney SCA’s creditor h anks are to meet Jan. 26 to receive Lbe 
company’s pr eliminar y audit report, which is bong prepared by the 
KPMG Peat Marwick accounting firm, a source said in Paris. 

■ Berisford Internationaf PLC a British food and real estate concern, said 
Thursday that it had bought the kitchen fittings company Magnet Ltd. 
for £56 milli on ($83.7 million} . 

• Scandinavian Airlines System said in Stockholm on Thursday that it bad 
signed an agreement with pilots' organizations, valid until October, 
providing for no pay increase and savings of 80 milli on kronor (S9.8 
million) m 1993 productivity payments, which the pilots agreed to forgo. 

• TSB Group, the British bank, made a pretax profit of £301 million ($45 1 
million) for the year ending in October, up from £5 mini on a year earlier. 

• Rank Organization, the British film and holds concern, increased 
pretax annual profits to £276.6 milli on in the year to October, from 
£125.8 million a year earlier. 

• Weston Germany reported retail sales in November worth as much as 
in November 1991 winch represented a decline of 13 percent in real 
terms, according to the federal statistical office. 

AFP, AFX. Bloomberg, Return 

Bad Times Roll for Swatch 


Bloomberg Business Neva 

ZURICH — Socidti* Microdcc- 
tronique et d’Horiogerie SA, the 
maker of Swatch wnstwatches. is 
txgjnmng to lose the confidence of 
its investors, fund managers and 
analysts say. 

An unfulfilled vow to announce 
a partner for its ambitious Swaich- 
mobfle auto project has triggered 
an 11 percent plunge in the stock 
price since Jan. 1. Now there is 
more bad news. The watchmaker's 
finance director, Edgar Geiser, said 


its 1993 earnings would be wefl 
below earlier forecasts. 

Mr. Geiser said his company's 
Christinas sales had been lower 
than expected. He refused to give a 
new 1993 profit forecast Anahrsts 
had been expecting growth of 25 
percent or more, based largely on 
statements from Nicolas Hayek, 
tire company chairman, indicating 
last summer that 1993 profits 
would be “substantially higher" 
t han the record 413 million Swiss 
francs ($282 million) in 1992, up 64 
percent from a year earlier. 


-A \ 


13 Monti SH 

ftiBfl Low Stock DA» YW PE 1006 HKtfl LowUMsfOt'K 































#f*j * m * if - 1 j i i ■-■ «?" »M vf>ft * f 



























































































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^pj)l iVllSP 


INTERNATIONAL HERALD TRIBUNE, FRIDAY. JANUARY 14, 1994 


Page 15 


ASIA/PACIFIC 3 


China ’s Acquisitive Powerhouse 

Guangdong Investment Eschews Targets Abroad 


ConfHkd\f Oir Su^ 1 From Dh^abJtai 
TOKYO The government's 
lop spokesman expressed dismay 
Thursday- over tiflLthat lbe TX1 
may invoke ils so-caUcd Super 361 


“We want the UiSi lo^act cau- 
tioosly by all means,” said Masayo- 
shi Taienmra, chief, cabinet secre- 
taiy fot Prime Miidster 'Mca^ro 
Hosokawa. • - : t : --i , „ 

Under Super 301;' which is 
named for a sectioD of a trade law 
enacted in i98^tfeU^tradejefK 
resen tati vc can take retaliatory 
steps such as tariffs and qaotas 
against countries that (alto reduce 
barriers to American goods- . 

Mr. Takemoca’s comments «t m<* 
a day after Trade Representative 
Mickey Kan tor said m. W ashing to n 
that “all Options^ mchattog the 
sanctions of Super. 301, were open 
in the attemplto gEun access to the 
Japanese market . * ; 

' No magor progress has beauie- 
ported in the trade talks now under 
.way .between Japan and the United 
Slates. U-S. nfffeafc hadhoped rite 
talks would be largely completed' 
by ,Feb. 11, when President Kn 
GnHon ia w meet with Mr. Ho* 
sokawa in Washington. 

The talks are part of a “frame- 
wort” agreement reached in July 
1933 in which the two nations 
pledged to set “objective criteria” 
far measuring progress in reduring 
Japan's trade surplus. 


An official at ther. Ministry of 
International Trade and Industry, 
meanwhile, said Japan had “abso- 
lutely no intention - of negotiating 
,issnesthat had been settled in the 
Uruguay Round of global trade 
talks riot were concluded Dec. 13. 

Mr. Kant or said "Wednesday that 
US. and European trials ha d 
agreed to press Japan to improve 
its offer of inarket access for. cop- 
per, wood. Feather shoes and finan- 
cial services, 

But the Japanese, official said 
.that Tokyo wamaito"!nakeir very 
dear" that those negotiations had 
.ended. “We have absolutely no in- 
tention to further negc^iate issues' 
in the Uniguay Roui«i," he said. 

.... (AP, AFP} 

■ Auto-Farts Part in Doubt 

With Japan’s economy stump- 
ing, Japanese aatomakos doubt ■ 
they can fulfill their pledge to buy 
$19 biflkmot American auto parts 
.in tittyearthatbegins April l.news 
agencies reported. . 

Washinpou, . winch views the 
' promise asfinn, has begun to press 
Tokyo to malrc timOar pledges-for 
succeeding years. Japan, however, 
says the anramt was merely avoL 
.unlaiy target. . . ... • 

' Separately, Nissan Motor Co." 
Japan's second-largest automaker, 
said it would move all production 
of its Sen era mode? to the United 
States bqpnmng with the 1993 
model year. (Reuters, AP) ; 


Bloomberg Bietnas Nma 
HONG KONG — With interests in every- 
thing from brewing to tourism to roil estate 
-development in China, Guangdong Invest- 
ment Ltd. is in many ways the ultimate red- 
chip stock, an investment with growth poten- 
tial and moderate risk. 

Controlled by the government of China's 
booming Guangdong Province and listed on 
tire Hong Kong stock exchange, the invest- 
ment holding company has been on an acqui- 
sition tear since 1986. • 

Its strategy of targeting investments in 
promising Chinese companies has proven lu- 
crative. Company saks nave jumped 13-fold, 
to K3 hfflwn Hong Kong dollars ($166.7 mC!- 
Bon) since 1992, while profit advances 1 1-fold, 
to 160.2 ntiUkm Hong Kong dollars. 

Small wonder that analysts say GuanjgiODg 
Investment is a China play worth watching. In 
1993, its share pike rose ISO percent, outper- 
forming the Hang Seng index of 33 elite com- 
panies, which gamed about 150 percent. The 
stock ended Wednesday at 435 dollars, down 
223 cents. 


“It’s a highly potential candidate to put in 
(he Hang Seng index," said Ben Kwong. head 
of research at G-K_ Gob Securities. “Other 
TCd Chips are just shell companies without the 
earnings base of Guangdong Investment," 
Such enthusiasm owes much to the fact that 
Guangdong Province, where 60 perce n t of the 
company's investments are based, is enjoying 
explosive growth. While the rest of China is 
growing at about )3 percent Guangdong, 
which neighbors Hong Kong, is growing at 
about 20 percent a year. 

“China’s development is the quickest in the 
world and Guangdong is the fastest-growing 
province in China,’' said Hou Deyou. compa- 
ny executive director. “That’s our strong 
point We’re not afraid of other China com- 
panies listing. We’re a better investment” 
Guangdong’s income levels are closer to 
nearby Hong Kong levels than to those of 
neighboring provinces. Additionally, with 
Beijing a long way away, the centra? govern- 
ment has been unable to meddle much in the 
province’s economic affairs. 

Another edge is that Guangdong Invest- 


ment continues to pour most of its invest- 
ments bade into the mainland, rather than 
venturing overseas as has China Internation- 
al Trust & Investment Corp.. the central 
government's investment assney. “Guang- 
dong Investment is more of a China play than 
OTIC because it reinvests most of its profits 
into China while C1TIC is in Hong Kong." 
said Joanne Wong, analyst at Barclays de 
Zoete Wedd Securities. 

According to Mr. Hou. pan of the compa- 
ny's success is tied to a strategy of spreading 
investments over five key areas of develop- 
ment to reduce the risk that any single busi- 
ness might undercut the company* s earnings. 

That offers a big edge over other listed 
China companies, whose revenue base is teth- 
ered to one or two main businesses, according 
to analysts. 

The key to the company's growth is 
Guangdong Enterprises, a parent company 
that is directly controlled by the Guangdong 
provincial government. It maps out what 
Chinese companies are investment-worthy . 



. . 1683 7 ' 1834 

SXcharigs ^ - - . IrKtex .. . 

■ . .1 • "V . . 

Hong Kong ' Hang Seing 
Singapore ' ! . .Straits ^hmes 
Sydney ' M Gnfinartas .. 
Tokyo' .NBckef S25 
Kuala Lumpt^- Composite 
Bangkok SET 
Seoul ' • . ~ - Composite Stock 
Tatpel Weighted Price 

"Kaniia composite 

Jakarta -'y"-’* stex* index 

Bombay National index ■ • 
Sources. Routers. AFP 


1*93 v 

Thursday Prev : 

Ooea- ''€fatt*'T*.qiange 
10,176-50 10,712.70. *5u01; 
2,194.86 2,260.31 - -3.90 

2,177.50. 2.195.60 -0^82 

16,577-26 18j783.68 -1.15 
1,029.17 1.06622 =5.47 


1,438.03 

896.65 

5,851.40 


.! ,487.76 
086-31 . 

e^TsJT 


2,901.15 : 2,97800 . , : Z58 . 


. 672.02 . 
■ 2^35-97 
"1,877.84 


58552 ■ -226 

2247.34 ' -0.51 
t.&48.1$ . +.1i56 

Inicmautinal Herald TiiNmc 


Seoul Streamlines Industry very briefly; 


Ream 

SEOUL — Sooth Korea’s top 30 
conglomerates outlined their main 
activities ahead of a Tuesday dead- 
line set by the government to en- 
courage global competition. 

Trade Minister Kun Chul-sa ini- 
tiated the drive in June, saying the 
conglomerates, whose activities 
sprawl ova unrelated areas, should 
be streamlined. 

“This aims to pave the way for 
dtaeM . to improve their global 


competitiveness," a Trade Ministry 
official said, using the Korean 
word for the conglomerates. 

Executives of Daewoo Group, 
one of the top five chaebol, said it 
had chosen cars, shipbuilding and' 
heavy machinery, and distribution 
as its core business sectors. 

The top 10 chaebol were told to 
select op to three industries; the 
1 1th to 30th were urged to concen- 
trate on a maximum of two. 


• Japanese beer consumption fell last year for the first time in nine years, 
due to a cold summer and recession. Consumption was down 1 .8 percem. 

• Malaysia will build two theme parks, costing a total of 23 billion ringgit 

($920 million), in northern Kedah state to boost tourism. Prime Minister 
Mahathir Mohamad said, 

■ Japan Securities Dealers Association said foreign investors were the 
most active buyers of Japanese government and corporate bonds in 1993, 
with net purchases of 9.998 trillion yen (589 billion;, according to a report 
by the Kyodo news agency. 

• Sharp Corp. will invest S3 billion yen to build a new liquid-crystal 
display plant, which is expected to more than triple its capacity by 1995. 
The plant wQJ have a monthly capacity of 150,000 units. 


• indsstri Ptsswat T whang Nusantara. Indonesia's sute-nm aircraft 
maker, plans a 500 billion rupiah ($250 million) expansion at its Bandung 
factory. The company has 170 options and orders for its new medium- 
haul commuter plane, the 70-seal N-250. 

• Australia’s jobless rate fell to 10.7 percent in December from 11.1 
percent the previous month, prompting economists to predict the worst 
days of unemployment were over. 

• China plans to invest 53.6 billion yuan ($6.16 bQlion) in its postal service 
and telecommunications this year, an increase of 34 percent on 1 993, said 
Wu Jichuan, the Post and Telecommunications minister, who was quoted 
by the official China Daily. 

AFP. Ream. Krogfu-RiJder. AFX 


Thuradav’* 

tables incftjria the nationwide prices up to . 
the dodrig on Wdl Street and do not reflect 

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TURQUOISE FUND 

I0A, Boelcverd Rota), Liutmbours 
NOTE TO SHAREHOLDERS 


The Board of Director* of rhr Morwgemfni Company of Tucquoix: Fund decided to 
•mend the frequency of ihf net ASici value deicrroination per share of co- 
propricicmhip from a daily (o ■ weekly basis, as at I4ih February. 1 994. The nei asset 
value per share will be determined, according to the prospectus on the first banking 
business day of each «*efc. 

The current prospectus may be obtained at the registered office of the Management 
Company, 10A Boulevard Royal. Luxembourg 

For and on behalf of the Board of Ditecic-rs 


U.S. $500,000,000 

A National Westminster Bank 

(Incorporated In England with limited liability ) 

Primary Capital FRNs (SERIES “A”) 

In accordance with the provisions of the Notes, notice is hereby 
given that tor the six months interest period from January 13, 1994 to 
July 13, 1994 the Notes wifi carry an Interest Rate of 3.625% per 
annum. The interest payable on the relevant interest payment date. 
July 13, 1994 against Coupon No. 18 will be U.S. Si ,822.57 and 
U.S. Si 82.26 respectively for Notes in denominations of U.S. 
$100,000 and U.S. 610,000. 

By: The Chase Manhattan Bank, N.A. 

London, Agent Bank 

January 13, 1994 


GARTMORE JAPAN WARRANT FUND 

Soriete cflnvestissement a Capital Variable 
39, Alice Scheffer, 

L-2520 Luxembourg 
RC Lmmbonrg B2&66& 

NOTICE OF THE ANNUAL GENERAL MEETING 
OF SHAREHOLDERS 

The Shareholders of CARTMOBE JAPAN WARRANT FUND are 
hereby convened to attend the Annual General Meeting of 
Shareholders to be held at the registered office of the Company on 
February 4, 1994 at 1 1:30 a.m. with the following Agenda: 

1. Reports of the Chairman of the Board of Directors and 
(he Independeot Auditor. 

2. Approval of (he Statement of Net Assets as at 
September 80, 1998, and (he Statement of Operations 
for (he Year ended September 80, 1998. 

3. Appropriation of net results. 

4. Discharge of (he Directors and (he Independent 
Auditor in respect of the Carrying; out of (heir duties 
during the financial year ended September 30, 1993, 

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INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


AH Eyes on the Basketball Court 
As Threat of Black Boycott Grows 


By Malcolm Moran 

New York Tuna Service 

SAN ANTONIO. Texas — Ten 
years after the establishment of the 
Presidents Commission, a 44- mem- 
ber body that has worked to put the 
control of college athletics in the 
hands of chief executive officers of 
universities, the hardened positions 
of presidents and coaches have 
reached the breaking point 

As presidents have become de- 
termined to contain costs, improve 
embarrassingly low graduation 
rates and create a sense of integrity 
in athletic departments, coaches 
who recruit in the inner cities have 
voiced the need for a commitment 
to the current generation. 

Tiie result, to be played out this 
weekend with the emotional back- 
drop of the birthday of the Rever- 
end Martin Luther King Jr. on Sat- 
urday and the national holiday on 
Monday, is a threat by black coach- 
es to lead a boycott of men's bas- 
ketball games. It is potentially the 
most damaging confrontation in a 
continuing struggle over the way 
major college athletic programs are 
administered. 

The dispute flared this week at 
the 88th National Collegiate Ath- 
letic Association convention with 
the defeat of a proposal to restore 
one of two men's basketball schol- 
arships that had been lost as part of 
a cost-cutting agenda established 
by university presidents. 


An intense debate preceded the 
vote, and the defeat set in motion a 
fervent effort led by influential 
black basketball coaches like John 
Thompson of Georgetown. John 
Chaney of Temple and George 
Raveling of Southern California. 

Coaches and players who had 
bem working toward conference 
championships or spots in the 
NCAA tournament swiftly became 
candidates for acts of social activ- 
ism by the disruption of games. 

When Raveling was asked how 
the issue of a single scholarship had 
created such a struggle, he respond- 
ed with a question of his own, 
about the impact that Rosa Parks 
had on the civil-rights movement in 
the 1950s. 

“Why did it take a black woman 
to decide one day she was too tired 
to walk to the back of the bus?" 
Raveling said. “So she sat down in 
the front There had to be far more 
relevant issues sparking that move- 
ment It was just a little thing, but it 
led to something big." 

“The core of all of this," Ravel- 
ing added, “is a lack of trust and 
truthfulness." 

Members of the Black Coaches 
Association have not revealed the 
possible form or extent of their 
protest, but they are expected to 
begin their action by singling out 
nine games this weekend in an ac- 
tion mat may involve both coaches 
and players and could result in the 


cancellation of games. Rudy Wash- 
ington. the coach at Drake Univer- 
sity and the organization's execu- 
tive director, said through a 
representative that the group 
planned to issue a statement on 
Friday. 

[Washington told The Associat- 
ed Press that a boycott was likely, 
would involve players as well as 
coaches and could conceivably last 
the rest of the season. 

[Washingion would not com- 
ment further, but asked if the effort 
to drum up support for a boycott 
was going as well as he had expect- 
ed, replied, “Better.”] 

ALhlebc department administra- 
tors and conference officials, who 
for several years have operated un- 
der the increasing stress of deficits, 
were suddenly faced with the possi- 
ble loss of income in the event that 
games are canceled Jim Ddany, 
the Big Ten conference commis- 
sioner. said schools whose teams 
were involved in canceled games 
would have their share of television 
revenue from that game deducted 
from the total the universities 
would receive from the conference 
ofGce. 

All 33 Division I conference 
commissioners planned to conduct 
a telephone conference call to cre- 
ate a uniform response to potential 
scenarios. 

“It’s a different land of issue 
than we've ever dealt with before.'' 
said Bob Frederick, the athletic di- 


Georgia Tech Routs North Carolina 
On Night of Long Knives in Top 25 


The Associated Press 

It was not a good night to be on 
top. 

Eleven of the top 25- ranked 
teams in were in action Wednesday 
night, and five fas t And none of 
the defeats was more surprising 
than No. 1 North Carolina’s 20- 
point loss at Georgia Tech. 

The J7Lh-ranied Yellow Jackets, 
who got 27 points from Travis Best, 
crushed North Carolina, 89-69. 

It was Tech's second victory in a 
row over the Tar Heels when they 
were ranked No. I, the other com- 
ing in the final of last year’s Atlan- 
tic Coast Conference tournament. 
Tech also beat Duke, 80-79, a year 
ago when the Blue Devils were 
ranked No. 1. 

“We gave one of the finest per- 
formances I've seen since I've been 
coaching here,'* Tech’s Bobby Cre- 
nrins said after his 250th victory at 
the school and 350th overall in 19 
years of coaching. 

"Tech played a tremendous 
game,” said North Carolina's 
coach. Dean Smith. “That's not 
just the coach talking. I think any- 
one who saw the game would say 
that. Maybe they're better than we 
are every night, but I hope noL” 

Best scored 10 of his points in the 
final 2:45, eight on free throws, as 
the Yellow Jackets (10-3, 1-2 
ACC), who never trailed, snapped 
Carolina's 10-game winning streak. 
The Tar Heels dropped to 12-2 and 
2-i. 

Tech also got 22 points from 
James Forrest, eight of those in the 


last 3:10 when the Jackets took 
control after Eric Mon cross’s jump 
hook for North Carolina dosed the 
deficit to 68-64 with 3:55 to play. 

Montross led the Tar Heels with 
20 points. 

No. 8 Kentucky 98, Mississipiri 
64: Walter McCarty, a sophomore 
forward, got off to a great first 
start, m along five of his first six 
shots as Kentucky (12-2, 2-1 South- 
eastern Conference) jumped out to 

COLLEGE BASKETBALL 

a big lead and coasted. Visiting 
Mississippi (5-6, 0-3) lost its fifth 
straight. 

No. 9 Purdue 9, Michigan State 
77: The Boilermakers (14-0, 2-0 Big 
Ten) used a 15-2 run to break a late 
tie at home. Glenn Robinson, the 
nation's scoring leader at 295 
points per game, started the run 
with a free throw and finished with 
25 points. Shawn Respert led the 


Spartans (10-5, 1-2) with 21 points. 

No. 18 Minnesota 90, No. 12 
Wisconsin 53: Airiel McDonald 
had a team-record 16 assists and 
Voshon Lenard scored 23 points as 
the Gophers (11-3, 2-0 Big Ten) 
beat a higher-ranked team in then- 
conference borne opener for the 
sixth straight season. Mi chad Fin- 
ley scored 15 points for the Badgers 
(11-1,2-1). 

Seton HaO 61, No. 20 Boston 
College 53: Bryan Caver and Ar- 
turos Karnishovas scored the last 
18 points for Seton Hall (8-4. 1-3 
Big East), which won in East Ruth- 


erford, New Jersey, despite making 
only 20 of 60 shots from the Grid. 
Boston College (104, 2-2) made 
only 18 of 46. 

No. 22 Afahama- Bj nnrnghaiw 88, 
Sacramento State 46: Robert Shan- 
non’s 19 points led five UAB play- 
ers in double figures as the host 
Blazers (12-1) won their 10th 
straight- Sacramento State (1-13) 
has lost 40 straight road games. 

Alabama 73, No. 24 Vanderbilt 
67: Jamal Faulkner scored 21 
points as Alabama, at home, posted 
its second surprising victory in the 
past week. The Crimson Tide (5-5, 
2-1 SEC) upset then-No. I Arkan- 
sas. 66-64. last week. Ronnie 
McMahan scored 23 points to lend 
Vandy (84, 1-2). 

Noire Dame 77, No. 25 Missouri 
73: Ryan Hoover sank five 3-point- 
ers and scored 25 points, all in the 
second half, as the host Fighting 
Irish (5-7) beat a ranked opponent 
for the Gist time in almost two years 
and snapped a nine-game winning 
streak for the Tigers’ (10-2). 

No. 25 Xavier ((Mo) 57, Dayton 
46: Brian Grant scored 1 1 second- 
half points as host Xavier (10-1) 
shook off a bad Gist half to hand 
Dayton (4-8) its fifth straight loss. 

o Rutgers- Camden broke the 
NCAA men’s basketball record for 
the most consecutive losses when it 
dropped its 48th in a row, a 95-73 
loss to visiting Richard Stockton 
College. 

“I don’t like it.” said the losers’ 
coach. Greg Ackles. wouldn’t 
wish it on my worst enemy.” 


rector at the University of Kansas, 
who estimated that a canceled 
game would create a loss of 
S150.000 in gate receipts, plus lost 
television revenue that would be 
calculated and returned by the of- 
fice of the Big Eight Conference. 


Frederick's surprise that the 
scholarship issue had become a 
flash point was an indication of 
how quickly the issue had devel- 
oped. Marian Washington, the 
president of the Black Coaches As- 
sociation, is the coach of the wom- 
en’s team at Kansas and a member 
of Frederick’s staff. 

Cedric Dempsey, the NCAA ex- 
ecutive director who inherited the 
conflict in his first week on the job, 
said be had spoken again Wednes- 
day with a representative of the 
coaches group, but that no further 
were planned and no 
changes on the scholarship issue 
were possible until the 1995 con- 
vention. 

Although supporters of the in- 
crease in scholarships centered 
their appeal on the ground that a 
disproportionate number of minor- 
ity and disadvantaged recruits 
would be adversely affected, other 
issues, including financial cootid- 
erations and the attempt to gain a 
competitive advantage, became 
factors. 

Of the nine schools in the Mid- 
Eastern Athletic Conference, a col- 
lection of historically black univer- 
sities, four — Delaware State, 
Morgan State, North Carolina 
A&Tand South Carolina Stale — 
abstained from the voting. Three 
schools in the historically black 
Southwestern Athletic Conference 
— Alabama State, Prairie View 
A & M and Texas Southern — vot- 
ed against the proposal. 

Several schools with teams led by 
prominent black rra****, includ- 
ing Minnesota, Temple. Air Force 
and Southern California, voted 
against the proposal or abstained. 
Athletic adminis trators from sever- 
al other schools that voted in favor 
of adding the scholarship were out- 
spoken in their disapproval of any 
boycott 

Among the critics of a boycott 
were Drake's athletic director. 
Lynn King, where Washington be- 
gan this season with a three-year 
record of 28-56. Several other ath- 
letic directors, before leaving hoe 
after the conclusion of the conven- 
tion late Tuesday afternoon, pri- 
vately acknowledged that they had 
reminded coaches on their staffs 
that they are employed by a univer- 
sity. not an association of coaches. 

The most uncertain aspect of the 
anticipated protest, however, was 
the involvement of athletes. Jalen 
Rose of Michigan, who became a 
leader of the Wolverines after the 
departure of Chris Webber to the 
National Basketball Association, 
related the importance of increased 
opportunities with his own back- 
ground. 

“I think we need that scholar- 
ship, for the simple fact that’s 300 
kids a year that’s not going to col- 
lege.” Rose said. “I know if 1 didn't 
get a scholarship, my mom didn’t 
have the money to said me to col- 
lege. I have to think pboul the peo- 
ple who are in that predicament 
now. As far as boycotting. I have to 
get more details, because that’s a 
very big move, very big.” 


that the 






fi ui iw Kn^n/Thc AnodsIbI 

The Rockets’ Hakeem OtejnwonaR off Rkk Fox as the Cdtksfcwt asixtkstra^tf m Best 


Jordan Sets 

His Sights 
OnChisox 

The Associated Press 

CHICAGO — Michael Jordan 

Z he is serious about wiring to 
r baseball for the Chicago 
White Sox, the Chicago Tribune 

reported Thursday. 

“I want w go to spring framing 
for one reason, and that’s to make 
the team.” Jordan told the newspa- 
per. “This is no fantasy. I plan to be 
m Sarasota by nrid-February. 

“If the White Sox were to leu me 
th at they didn’t think I was good 
enough to make the team, and tut 
theydon’t want me at spring train- 
ing, tb”» I would accept their wish- 
es and not go.” 

Jordan also said he thought the 
White Sox would select him for the 
team He has not played organized 
baseball since be was a teenager in 
Wilmington, North Carolina. 

- ‘Tm not out there sweating for 
three hours every day just to find out 
what it feds like to sweat," he said 
of Ids workouts at Conriskey Park. 

Jordan, who retired from the 
Chicago Bulls on Oct 6, added: 
“Pm serious. My father thought I 
co old be a major-league baseball 
player, and Tm sore that right now 
he can see me trying. He’s watching 
every move that I make.” 

Jordan’s father, James, was mur- 
dered last August. 

When be retired from basketball. 
Jordan said he wanted more time 
with his family. But he noted that 
baseball teams often spend four or 
five days in one city. 

“It’s not like the NBA. where 
you’d fly out after every game.” he 
said. ‘Td like to take my wife and 
children with mean the road.” 

‘There were certain things I was 
thinking when I retired that I didn't 
want to express to anyone. I know 
this will put me back in front of 
people. But I hope theyTl bc look- 
ing at me in a different light” 


The Celtics Run Out of Luck at Home 


The Associated Pros 

Maybe the old building has used 
up all its victories. More likely, 
however, the Boston Celtics are 
short on skOL 

In right of Larry Bird’s 13 sea- 
sons, the Celtics lost six or fewer 
home games. In (he last 29 days, 
(hey have lost six straight in Boston 
Garden, tying a 45-year-old club 
record that could be broken Friday 
night against the I« Ange les flip, 
pers. 

The fact that the Houston Rock- 
ets' 94-84 triumph on Wednesday 
night was thrir first ax the Garden 
in 12 years and broke a 14-game 
losing streak there shows just how 
dominant the Critics once were on 
the splintered parquet floor. 

In a matchup of great and once- 
great centos, Houston’s Hakeem 
OlajuwoQ lied his season high with 
37 points. Boston's Robert Parish, 
the 12th- leading scorer in National 
Basketball Association history, did 
not get a point in 27 minutes. 

“I think the leprechaun has tak- 
en the year off, Boston’s Xavier 
McDaniel said of the Celtics’ good- 
luck symboL 


More important, people are 
misting. Bird retired after the 199 1- 
92 season. Kevin McHale retired 
after last season. Reggie Lewis died 
of a heart ailment last Jnly. 

The Celtics got off to a 6-2 start 
this season, but are 7-20 since then 
after winning just two of their last 
14 games. 

It did not help that they had to 
play one of the league’s best teams. 

NBA HIGHLIGHTS 

When the game was over, Boston 
had as many losses in the last II 
days as Houston (28-5) has had all 
season. Houston, which last won in 
Boston on Nov. 18, 1981, leads the 
NBA with a 164 road record. 

Tanbenrolves MB, Mavericks 
85: Dallas, which beat Minnesota 
twice for its only victories in 32 
games this season, tied an NBA 
record with its 16th consecutive 
home loss. Isiah Rider and Doug 
West scored 23 points for iheTim- 
berwolves. 

Dallas matched the record for 
home futility set by the Orlando 


Magic in the 1989-90 and 1990-91 
seasons.’ 

Warriors MO, Heat 92: Chris 
Webber of Golden State spent the 
end of the third quarter treating a 
sore back, then scared 14 of his 27 
pouits in the fourth period against 
visiting Miami 

Hawks 92, BriBs 81: Atlanta bear 
Chicago for the first time in seven 
and extended its Central 
Division lead over the Bolls to 
three games as Dominique Wilkins 
had 19 points and 10 rebounds. 

The Hawks won thrir sixth con- 
secutive game overall and im- 
proved thrir borne record to 15-1 as 
Wilkins scored right points in the- 
final 7:23. 

Gavafiers 118, Magic 109: Ger- 
ald Wilkins scored seven of his sea- 
son-high 38 prints in the final 1:15 
as Qev dand won at Orlando. ' 

Wilkins made 15 of 22 shots 
from the field, induding six of right 
3-point attempts. Brad Daugherty 
had 25 prints for the Cavs, while 
Mark Price made four of six 3- 
pointers and finished with 20 
paints. 

Wilkins, who did not score in the 


fourth quarter until the final 1:15, 
took over . after tiie Magic dosed to 
111-108. 

Anfemee Hardaway scored 25 
points and Shaquflle CrNeal had 22 
points and six blocked shots for the 


76m 117, Oippera 98: Jeff Hor- 
nacek scored 24-jjointsand Dana’ 
Banos had 20 prints and a career- 
high 12 assists as PhQade^phia used* 
10 3-printers to hand visiting Los' 
Angpes its seventh consecutive de- 
feat 

- Placers 107, Nnggefs 96: Reggie 
MUler scored 29 points, induamg- 
15 free throws without a miss, as' 
Indiana beat visiting Denver for 
tiie.righth.time in nine meetings. 


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',**** ’ . -f *• A- « 




INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


jii i>i> 5 p 


Page 17 



mg 


.' ' ■&’. Jfis : 


174SS 





cat 


Coa^^ly btrStaff Fnm 'iiiapmdta- . 

- FRANKFUKT .TSfc deaf- 
and-mote woman who nabbed a 
German soccer player mtbe back - 
did so to get aaeatkaLaad copied 
the stabbing of . tenuis star Monica 
Seles last April,, offtqh&s.aaid - 

Thursday. 

“It's a typical copycat attack," 
said the StutteartproseailOT/Kari- 
Hcxoz Erastfe. “She wanted thje- 
BmcUghL*.. .*:•■•'• 
The victim, HamburjpSV .de- 
fender Oliver MOflet, /apparently 
was randomty' picked as a target, ■ 
EngsttersaaL 

A magistrate court Thursday is- '. 

SKATER: 

Warrants Issued 

. CortfeMd from Page 1 

l^imrest^atorsihatie, Mr.GB- 
tooly and two other menhad^np 
tbe-attack cm Miss Kcoiguv tbe 
defending U.& champion and 


sued an arrest warrant to keep the 
2&-year-oid woman is custom? wi 
-suspicion: of attempted murder,- 
Engstter said. Her name was not- 
released,' 

Mailer, who was- attacked at an 
indoor soccer tournament in 
Frankfurt cm Wednesday- might, 


Tore the figure skating champion* 
ship began. . . 

Mr. Eckardt confirmed that Mr. 
Gilloaty, from wham Miss Harding 
„ was divorced in Angnst, asked him 
9 to arrange the attack, The Onego-, 
nian reported, citing mmamedlaw 
enforcement sources. 

The investigation soread to three 


tonrwtl up ^ * n d |jay, 

He was“in goodcondrtion conad- 
tiing the cjrcmustaaces,” said Dr. 
Gtintber Kkainger. ' 

EngsUer said the knifing of Seles 
at the Hamfapre Open tournament 
and last week^ attack onfiguze 
skater Haney Kerrigan in Detroit 
tad Inspired tbe stalling m Frank- 
fort - 7. 

.The woman walked to the spec- 
tator area whaeMSBer was sitting, 

- y»t prftr Emn anti InuMwil y r ntpmrri 

the nine-ccnttmeter (3. 8-inch) 
blade of B idding knife into his 

• bade.. , ■"■■■ 

She was grabbed by another 
spectator, but offered do resistance 
and waited" to be arrested, „ . 

. Edgar Strinfeeanet, a Stuttgart 
police' spokesman, said, “She 
knows about die Seles attack and it 


Investigators had calkdm a ago 
hear ar speaLonly within Ian- 

gwaw TTgmg her hands,” EngStlcr 


Michigan andArizoos pieced to- 
gether die story of howMiss Kerri- 
gan was targeted for an attack al- 
legedly intended to wreck her 
chance to compete in the dari ng 
championships, /r 
■ The scheme aBc&dly involved 
Mr. Eckardt, Mr. GflkwJy, an in- 
termediary in Fhoenix whom Eck- 
ardt knew, and a Portland man 
who carried out the assault. The 


Engstkr said he was awaiting a 
. medial report to determine wheth- 
er the' woman was : mentally db- 
turbed, as reported by German 
newsnwtiar. 

• The attack, which quickly 
prompted organizes of German 
indoor events to tighten security, 
wassunflartoiheattadconSdcsm 
Hamburg. - 


Gfinte Parcbe, an obsessed fan 
of Seles’s rival, Steffi Graf, stabbed 
the Serbian-born star in the bad: as 
rite sat at the ride of tbe court 
during a change-over between 
games. . 

. The mildness of the subsequent 
two-year suspended sentence given 
to . the 39-year-old Parcbe raised 
another outcry, both in Germany 
and abroad. 

Stembremter said private guards 
employed by the Schkyer-Hafie 
arena, where Mfifler was attacked, 
sod sot local police, had been in 
charge of security. But the flood of 
7,000 spectators at the start of the 
evening event had murip. jt difficult 

tft rlmjr ^11 fan^witmng 

the arena. 

“The payers were able to mix 
with the crowd and M&fla was 
sitting in the main stand when it 
happened,” Steinbrenncr said. 

“Perhaps there has to be an area 
■where all the players arc separated 
from tbe fans,” he said, then add- 
ed: “But thereis always sane risk." 

One of the mam attractions of 
Germany's popular indoor events, 
held while ute outdoor league sea- 
son takes a winter break, is that tbe 
fans can mix easily with the players 
and children can collect ante- 
graphs. 

But, said the German soccer fed- 
eration’s vice-president, Gerhard 
Maycr-Yorfdder, “We wiD have to 
tttnkwhetherthisis still possible in 
the future.*’ 

- Organizers of a ritmloT tourna- 
ment in Tdprig on Thursday and 
Friday announced they were dou- 
bting their security guards from 30 
to 60. Next week’s event in Hanan 
wifi have 30 instead of the planned 
12 guards. 



Snot Vofiha^Tte AstooaUd Pm 


(AP, Reuters) Tonya Harding and Jeff GtBooly leaving the borne of bodyguard Shawn Eric Eckardt on Tuesday. 


Tonya Harding: A Fighter With Numerous Battles 

tavrno that, after a meetTnomPnrt- ■ ' A-/ 


> NBC News quoted sources as 
laying that, after a meeting in Port- 
land, the assailant went to Boston, 
• where Miss -Kerrigan lives and 
trains. It was there, investigators 
believe, that he’ originafy planned 
to injure Miss Kerrigan, hot bad 
weather somehow fouled the at- 
tempt, NBC said. ' ’ 

Last Thursday in Detroit, a man, 
brandishing a dub struck Miss 
Kerrigan after a practice session at 
Coho Arena, riwsrdy hnriscogher 
right leg, Tire attacker escaped af- 
ter breaking die glass, oat f of a 
locked arena door. - - - 
Miss .Kerrigan witbdrew ftmn 
the cveai. bBt&eTlAf^KnreStoi- 
mgAwoMtiw aameChear xo the 
Olympic tiam anyway, along with 
i Miss Hanfing, wno -won the US. 
chnmpionshq> two (toys later. The 
Winter Olympics wifi be hdd in 


Winter plyzumcs will be hdd in 
Ulkharnmof.Noiway, Feb. 12J7. 
Miss Ke r ri gan is i ecovepng from 
the irguzy iolw kaee,hat it is run 
known whether she wifi be able W 


The police in Detroit said flrey 
had recovered a bladt metal baton, 
betiered to be-tho ive^on wed in 
the attack. A petaat resident 
found the baton in a rubbish con- 
tainer behind tbe ice risk -.and . 
turned it over to police, the Detroit 
Free Press said, qaoting anKknti- 
fied soured, 

In Portland, iu e an whfle. ano th e r 

man, Russell IRnsty) R«t^ told 
The Oregonian that Me- Eckardt 
bad asked him two days before die 
Kerrigan assault iff - ’ fie" would "be 
witting to Ml someone -for 565,000- 
Mr.jRdtz saidte deefined. 

“He said, 

somchbd/s 1 swo, .fWdl, I 
dfm’t know, Mawn, I’m not. that 
wry.’ And he says, 'Well, I*x ajob 
in Detroit Pm going to send a team 
therev' V Mr. Reitz tcW TbeOre^- 
man. 

. Mr. Gifiooly said Tnodwhe 
had been ques tioned by .the FBI, 
but denied involvement. 

"J wpuMn’J do thaC Mr. Gflloo* 
said. “I have more fai th in. my 
wifetbari tohump offhta - «Hnpen- 
tioo.” 

, hfiss Harding has not comment- 
ed the reports surfaced, but 
Tuesday night rid was a sk e d by a 
■ reporter for a.Fqtt tend tdevisiou 
station about an anonymous letter 
tbe station received acenang Mr. 

sai^f 

me#n,.w1y does someone ward to 
disoedit me? I just dait tradd 1 ' 
aand.** " y 

Miss Harding and Mr. G fflooiy 
were drvoreed Au^ 28, accordmg. 
to papers on file with the cotut nx 
CoWibia County. Oregga. T^f 
hare reooncilcd and five 

' Miss Harding TfBSJCtedmm^. 

Sy° f^^^kat^ £ ^nlation bat 

atanpdy casam 

swered the door when a reporter 


' ‘IteAjnriaiadPnB- 

v PORTIAI^ Oregon rrr Despite her oo- 
, ice success, Tonya Harding can’t seem to 
shake a lifetime of controversy.' . 

Off die ice, thfr-23-yearxtid figure rioter 
.has weathered bouts of asthma, a stormy 
- three-year' marriage, embarrassing brushes 
withihepobce and now tbe suqndon that 
ber former hnrirand may be involved in the 
attack cm Naucy Kenigan. ! ' 

. Hardmg^s reputation as a firfrter bas 
served her wefi during, a decade of national 
.campttitioa She began skating in the U5. 
T^nreSkatingAasoai rtion . wro ordiwgmiat 
agr^HA ^year. Jate^ rim became the first 
wonmn suite world to auccesahifiy execute 
the triple axd. 

‘ -A teoaaoas competitor, she has returned 
. tothe k»tofin^iperfc»nuaioes de^rite slip- 
m broken ricaus aad torit oostiimeL Bm 
o£t the ke. tenacity becomes obstinacy. 

In March 1992, Burtlaiid police f oundthe 
96-pound skater brantfirinng a baseball bat 
at another motorist after the two got into an 
.argument in the street hear the shipping 
mall dcatirigiink where Harding practices. 
There were no arrests, tat tire two women 
reportedly traded punches. .... 


In October, pofice seized a handgun from 
Harding after a neighbor reported a shot had 
been fixed in their apartment complex park- 
ing lot Harding and her former husband, 
Jeff GiDooiy. told police the gun went off 
accidentally. They were divorced last Ang. 
28, according to papers on file with ihe court 
in GobMiibia County, Oregon, but have rec- 
onciled andtive together. ■ 

Hanfing was IS when she met Jeffery 
Scott GiDooly, three years ber senior. She 
was 19 when she married him in March 1990. 

The couple started divorce proceedings 
just 14 months later, claiming irreconcilable 
differences. Two days after that, on Jane 19, 
1991, Harding filed a petition for a restrain- 
ing order against Gfflody, cl a i m i n g be 
wrenched her arm and wrist, putted her hair 
and shoved her^ 

By October, lhey were bad: together, 
they have spHt up and reconciled at 
least twice more 

Last March, Harding filed a repeal with 
Clackamas County Sheriff’s Department, ao- 
coring Gillooly of assauh. No arrest was 
made, officials said. A friend said Harding 
moved out tbe same day. 


She again asked for a restraining order last 
July, saying be gysaniigd her nish his open 
hand and fist. In September, her attorney 
asked to have tbe order dismissed. By Octo- 
ber, she and Gifiooly had again reconciled. 

Hardings mother, LaVona. told Sports 
Illustrated magazine that sbe tried to talk 
them out of getting married in the first place. 

“1 knew Jeff had a violent streak,” she 
said. “Once when Tonya was living with me 
and my new husband, he tried to break down 
the door because be thought sbe had gone 
out with another boy. It turned out it was her 
brother she’d been with.** 

Harding told Si two years ago that she had 
changed schools nearly every year through- 
out her childhood, “so I didn’t have friends 
hardly at afl. I was basically a loner." 

She still is. At skating competitions, she 
doesn’t appear to be part of anyone’s clique 
and isn’t particularly friendly. 

Growing up, Harding spent a lot of time 
with her father, who taught her bow to hunt 
and fish. He also taught his daughter to 
replace a transmission, rebuild an engine and 
do a brake job. He said he had sworn off new 
cars because each time he bought one, he got 

laid off. 


Carlton, Only, 
Voted to Basdb 
Hall of Fame 



When A1 Harding hurt his back, his 5- 
foot-1 daughter took over his chore of split- 
ting wood, which she says helped give her 
unusual strength on the ice. 

Harding has ber own pool cue, but gave up 
drag racing U the Portland International 
Raceway when her automobile insurance 
company found out 

Despite bouts with asthma, Harding re- 
peatedly has been seen smoking in public, a 
penchant that doesn’t please ber coaches. 
She has said she smoked because of stress 
caused by marital problems. 

Then there have been money problems. 
Not from 3 well-to-do background, Harding 
has struggled to pay for a sport that is very 
expensive. 

Last summer, she said a man in Beverly 
Hills offered to pay ber 1994 training costs of 
$40,000. The offer turned out to be a hoax. 

In August, her four-wheel-drive pickup 
was stolen from the shopping mail parking 
lot. The FoDowing month, someone mailed 
the license plate to Portland radio station 
KKRZ-FM with the return address: “Robin 
Hood and His Merry Men. Sherwood Forest, 
Nottingham, England.” 


By Claire Smith 

,VfH' York Times Service 

NEW YORK — If Reggie Jack- 
son’s deco on to the Hall of Fame 
last year proved tbai major league 
baseball's shrine has more than 
enough room for the enormously 
effervescent, the election of Steve 
Carlton this year proved something 
qmie the opposite: There is also 
room in Cooperstown for the 
game’s most quietly perplexing. 

Carlton, winner of 329 major 
league games and a record total of 
four Cy Young awards, was the 
only player elected Wednesday to 
the Hall by the Baseball Writers 
Association of America, and the 
vote was overwhelming. In his first 
year of eligibility, the 49-year-old 
left-hander was named on 436 of 
453 ballots, or 95.8 percent, far 
surpassing the required 75 percent 
(342 ballots) needed for election 

and achieving the fif lh-higbest per- 
centage ever. 

In dramatic juxtaposition, an- 
other Cooperstown hopeful. Orlan- 
do Cepeda, fell seven votes short of 
the required 342 in his 15th and 
final year of eligibility. He missed 
out despite a spirited campaign 
waged by tbe chib he achieved the 
most fame with, the San Francisco 
Giants, as well as some members of 
Congress. Cepeda must now wait 
three years until be can be consid- 
ered by the Veterans Committee, 
the only other body that can vote 
players into Cooperstown. 

That it was baseball writers who 
elevated Carlton to the highest tier 
reserved for tbe game's greats is yet 
another intriguing twist in the 
pitcher’s career. For no superstar in 
the recent history of the sport 
shunned notoriety, publicity or the 
news media more than Carlton. 
Tbe man called Lefty spent most of 
the 1970s dominating National 
League batters and weaving his 
magic in 3 mysterious and defiant 
silence that marked the bulk of his 
24-year career. 

Carlton’s statistics spoke vol- 
umes, though, and there was little 
doubt that he was destined to be- 
come the 25th player elected in his 
first year of eligibility since tbe 
HaO of Fame’s original election of 
1936. 

His enshrinement on July 31 wifi 
continue a rather recent trend 
among contemporaries wbo in- 
stantly made the jump to Cooper- 
stown five years after retirement: 
Jackson, Tom Seaver, Rod Carew, 
Joe Morgan. Jim Palmer, Carl 
Yastrzemslti, Johnny Bench. Willie 
Stargell and Willie McCovey. 

In becoming the 217th player 
voted to the hall, Carlton issued a 
statement that said, “While I’ve 
never been one to place a great 
emphasison individual awards. I’m 


touched to be elected to the Hall of 
Fame.” 

Last week, in acfawwledging the 
inevitability of tbe vole. Carlton 
spoke of what the induction cere- 
mony this summer would be like. 

“Maybe I'll give one of those 
Sally Reid speeches, like the one 
she gave at the Oscars a few years 
ago,” Cariton was quoted as saying 
in The Philadelphia Daily News. 
“Ob. you like me! You like me!" 

Such recent comments suggest a 
mellowing in a mas wbo is now a 
self-described gentleman farmer 
from Durango. Colorado, fn his 
day, Cariton, a powerful 6 feet, 2 
indies, 210 pounds of lefi-handed 
fury on the mound and pent-up 
fury off. was the left-handed equiv- 
alent of Nolan Ryan. 

And the pitching did more than 
enough talking. After reaching the 
majors for good with (he St Louis 
Cardinals in 1967, Carlton set a 
National League record, since tied, 
by striking out 19 New York hfets 
in a game in 1 969 (tbe Mels won), 
then became a 20-game winner in 
1971. 

But he really catapulted to the 
lop of his game after being traded 
to the Philadelphia PfaifiiesforRick 
Wise on Feb. 25, 1 972. That season, 
Carlton won 27 games, an incredi- 
ble feat considering that the woeful 
Phillies won only 59. 

In that magnificent 1972 season, 
Carlton recorded a stunning 1.97 
earned run average and set a Phil- 
lies franchise record with 310 
strikeouts. 

He remained with Philadelphia 
into the 1986 season. In that time, 
be pm together four other 20-vic- 
toiy seasons and won four Cy 
Young Awards. 

Carlton’s dominance of National 
League hitters coincided with the 
rise of the Phillies, whom he helped 
propel to one divisional playoff, 
five league championship series, 
two pennants and one World Series 
championship (1980). 

In all Carlton had a 329-244 
career record, ninth on the pitching 
list and second to Warren Spahn 
among left-handers. He also struck 
out 4,136 batters, second to the 
recently retired Ryan. 

Cariton was one of three pitchers 
on this year’s ballot who bad the 
rare dual accomplishments of hav- 
ing won more than 300 games and 
struck out more than 3,000 hitters. 

Another was Phil Niekro. the 
ageless knuddehaller. who finished 
a distant ihird in the balloting, with 
273 votes in his second year of 
eligibility. And also in his first year 
of eligibility was Don Sutton, a 
right-bander more noted for finesse 
— and for living in the shadows of 
Seaver and Carlton throughout his 
National League career. Sutton 
was fifth in the voting with 259 
votes . 


| BASKETBALL 


NBA Standings 


Major College Scores 


CASTEJUI GOMPEKENCS 



MtaaUcDivtooo 


- 


IT L 

Prt 

OB 

Nowyork . 

. : 22 9 

710 

_ — 

Ortondo 

W M 

sn 

4 

AUootl 

• ■ 1* IS 

516 

6- 

PWtodotohla 

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JOA 

9 

Heerjenev 

13 W 

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9». 

Boston 

13 22 

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WoBrtngfon - 

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an 

nvx 

AHortd 

23 .7 

74 7 


CWcaiio 

2T n 

M6 

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Chartotte - 

T9 14 

574 

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ASl 

9% 

Ooeolfiiirt 

14 18 

A 38 

18 

BltaMHUO 

923 

tol 

15 

Orfrort 

.8 23 • 

jsb 

wte 


Miss Hanfing and 

and do one answasd the to*- 

phones. 

• Eatfyword <rf the aBegal ptot to 
attack Mks Kerrigan came non f 

private mwsiMtor m Fontana, 
Gary Crow^wSo tokf The Assoa- 
awi Press that the FBUeamedirf 

_ h - - -J Ala fir m • 1 am) firms- 


UTCSTEAN cormitmcfi 
Midwest DWtShM 

W I. . Pet #• 

Houston as - 

uioti an aa * 

SonAdpnlo 

v Dmvar . 16 W . .Cl VDh 

Mm**] . . n a so J7 

Dows . , i» ata 

■ -TatMcDtaWon. 

SsoHta . ■ 36 4 ' 

Ptoentx , ~ • » 7 ' » fc 

GddsnSMs . * M JO * 

PartJaad iv is - ■*» * 

■ ULOIPPWS- , 1171 £4 1* 

saammMo . !£* 

1_A. inters . - . •« » JO*.. TT 

WCDMESOAY*S RESULTS ’ 

LAOkvm a » 'U 2 t- n 

PM M s t pwn » a » 

. uu Hnrpsr WW Ml*. Elite 6-Tlll- W ZIP: 
Wsottierspaan f-M M aw Bcrtmwis im> so. : 
.'Harancric MIHM. H U I Wi Lo s. AiW l M 

«cetf»},pfeftKtefe>N0« sma Umr wo i n . 

n ni m m whip i" • wrir «" si.ptmo- 
tStWKa 22 {Bams* m.. -- 

C Mom* . » » « *»-« 

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, .a Grast Pippm 5-W 3-3 VS, A: 

W«M>n M w WMt W4 M 17. B«- 

kamtB — « tsrad ni. A/kutto St 

tWIPte HJ. Aut*l» C Wumu W IKiAac 41, 
Artecta W (WnrMfc *K ' . 

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tMOMW *T M M Xb-XB 

■Mdtev 69 34 V. imttr TO IMS V. M- 
tebnd»--DsDV«i* SS (Mutoatao Uk In^nsO 

- it, iwfluna S tMcKW 9). 

* * a n-M 


EAST 

FWrftoW V. Hwvord ID 
Foraoom 77. Bocfcnvu 74, or 
Oaoros WtaMnatoA 37, O umwiff 72 
GtmidoMi A St JofuVs 0 
Holy Cross 95, Army B7 
Lofoystto or Cabals, pod. mow 
UMoft 7« Navy 4* ' 

Lonfa, Md. a, MdrBattfmor* County 57 
pntaburah ». tUamk 55 
Sofoci Non «L Boston CoBsse S3 
». Jornphte 71 ls soils 71 
St Pntart «t Centelos 66 
SOUTH 

Ateu-airm l nottoot O, Sacrwnsrdo St. 46 
Alobarno 73, VowtarWtr 67 
Am o ln c t d rw St 74 VMI 76 
Canpteil 21 Scuta Carolina 71 OT 
TMtta St ta, MISS. VaHoY.St.76 
Goorota 67, TeoMSioa ST 
eoortfa Toeft V, North CttroHno <9 
jocksonvUle 71 ArKoasoa si a 
James MotSscn 89. WDUccn & Mary 75 
Ksntucky W. Mtotssterl 64 
MItSdte Tend. 78. Aorflrr Jteoy fS 
MlMHstrml V. *1. Autwm 84 OT 
rtCASresnsboro 82, Coastal Carolina 77 
RadtartlVt, Wtathrop 68 
VlrylWo 61 Clemsoo 57 

Bawdno Greoa 71 Boil St. 0 
Bradtey 74 tnftmf St M 
e Mlctdaon 0. Ksnt 55 
llflools 81, NorttaMstsro 51 
IDInois St 31 SW Mteooor) 51 S 
kwn st. n*. MomtoosWe a 
Kansas 54 74 WteHfa St SS 
M u r mi st ta 71, DsPaul SS 
NDotnL OMo 74 Cent Mldtasi 40 
ABoaosato 90, WteconsJn SS . 

Now Dams 77. Mtetaort It 
Pursue BP. Mien toon St 77 
Toledki 62, Akron 51 ' 

W. Mlditoon IS, OMO U. 65 
Xavier. Ohio 57, Dayton 46 
VodOBStaiMi St 84 Buffalo 78 

SOUTNWBST 

Savior 81 Toko* Toeh 82 
Tsxas ASM 94 . Tams 84 
Tams ChtMtao sr, Houston 78 
PAR WEST 

CokraJB 84 Ma-Konsas CHy 74 


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p=Bx ni. A sitete H o w to n »ISmmi7>.tiW- 

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Mr. Oowc Hamster; 
ana Ssnantes, came to hmMor 
advice after, bang 
ftiend wtojJtosed [* 
of Mr. GSStoc&y, 

tbe An»»» man ffisOBsang an«- 

lack fCoOTaq, • ' : ' 

. Mr. CrowE smd Mr. Sffifldm 
told hti»a maa’svoicfi ositatepe 
asked, ’^Why 4 ob> J*** 1 ; 

WP* 

■ The respotae was:- “We donV 
seed to Ml her. Let'&jnSt iai her in 
the knee.’* 

ptP'Raaers.mijil) 


HOCKEY 


NHL Standings 

EA5TTKN CONFERBNCe 
Attnue Dfytaan 

W L TKSFM' 
N.V. ftonoore ’ 37 T2 3 57 148 111 

-UawJonov 24 M 4 S3 W* 117 

RMkstatpWo 21 »- »maw 

WMitaBlon H 1» 4 CUB 

Ftortdo M 17 7 89 111 US 

. H.Y. Iskander* U 20 4 36 M2 143 

Tampa Bar - . 16 23 5 37 1T7 137 

Norfltoast BMtian 

nttotami 21 12 9 51 IB w 


Montrw d 

paftota 

(MB 


21 12 » 51 157 W 

» « 7 « 137 119 

If M 8 46 14D 139 

20 » 4 44 MS 121 


Quebec 17 22 S S W IS7 

Hartford . . 37 23 3 37 IS 1C 

Ottawa . 8 34 4 30 121 TO 

WESTERN CQNFEKEMCE 
Control DtvBtoo 

w I, t ro an qa 
T oronto 25 14 7 57 134 728 

DoNos 23 15 7 S3 UB 136 

EMnit a m 4 a us M2 

51 LOUIS 21 1* 6 49 13S 131 

OdCOOO ' 30 M 4 44 127 T31 

WhnfPSfl - 17 24 S 37 t« I9B 

ItadSc DWteloa 

Cawory 23 U 7 51 164 MS 

VtnaxMr 21 2) Q 42 M3 141 

loo Anaetss T7 ZI 4 38 MO 167 

Arancim 17 to I 


S3 U* 136 
SO 185 W 
48 13S 131 
4* 127 131 


7 51 164 MS 
9 « M3 141 
4 38 H8 167 
7 36 122 W 


San Jose n 21 10 36 112 141 

Edmonton 13 25 t 32 » 13 

WEDNESDAY'S RESULTS 
Tamoa Boy 6 8 V— 4 

DttroM 1 • b-a 

FlntPwtod:D>LM8lrani6|Kaao»,Clear- 
«HU (pp). Second Purled: T-ChambersA IAn- 
domon); T-Josaoh 7 (Tucker) Ipp); T-Tuck- 
s r 8 (Brodtev. KJlmal. Third Period: D- 
SMtoant 25 (CoHey, Yzannan) (pp); t- 
tanrd B ten). Shots on tool: T ton 
Omddea; 4-74-7— 2S. D ten Pam*) 6*4— 1 7. 
turn Jersey 8 1 1—2 

Montreal 2 1 P-l 

post Parted: M-Oonustaxose 17 (Laenwv 
LnOolrl ; M- Brunet j (Co r faomoou). Second 
Parted: N^.-Aiteon i (MocLmtl j M4nmi«r 
9 (Domcitiousse, Bellows) l pb). T hird ported: 
NJ^Dowd 2 IGoertn, ZatePoMn). Shots on 
pool: NJ. Ion Rev) 8-11-13—32. M (on Bn- 
cteur) 9-TV7— Z7. 

Butroto 1 1 0-3 

Whammy l 0 8-3 

Hist Ported: B-Howerctaik 19 (Wood, Swo- 
bodot UhU w-Oaml S Soomd Parted: B-Au- 
dotte 12 (Ptarte. May). ThW Ported: W-S^ 
lanaoMCMurmrynen, Steen) (pp); w-£mersan 
19 (Soteraie, Ktee). Show ao ml: B ten Es- 
mol 9-T3*-3R VV (Oh H«ek) ifrs-is-to. 
Oeeboc 1 l t-a 

Vmooooer .2 1 1-4 

FW Petted: v-odlh* M (Mairwstnlkav. 
Cvsen),- V-Bure W ( Carson, Lumme); Q- 
Frassr 10 (Soklc. PWnt. Sscoad Period: V- 
BureZ) (Nwasstalkoy),- XbPrater tit (Moo- 
Dorntld). Third Peeted: owaacOerndd i 
(Sonic. Kamensicv); V-Undert 23 (CourtacHL 
UPnmot (Nil. Shots an goal: Q (on McLoon) 
8-12*10—30. V (on Flsdl M-7-2S. 

Hartford 12 1-4 

Las Aapetes 1 s 8-8 

Pint Parted: H-Kron IS (Preen, zotapski) 
tshj; l_A,-CrectXy u (Kum. Bloke) (p»>. 
Second Period: l_A.~Xurrl )B (RoUtalite, 
Orveet; H-varbeafc 22 (Storm); UA^Rotd- 
Krttte 23 (Btako, Gretzky) (pp): UV-Sond- 
stnmi5(Robitatne.Z>iltnU lpp);H-5ander- 
son88 (ZoIoMkLCessets) (pp). TMnf Patted: 
H-Nytander 6 (Kron, Sondenon); LJV.-RObL 
tattle M (ZMffllk, Gratzfcv) (eels l. A- 
Gratncy 19 (Konl. Watters) (Sven). Shew oa 
ooa): H (on Hrudev) 12-18-18-3B. UA. (on 
Berk*) 16-15-10—4). 

San Jose 14 0-5 

AmMoi 8 2 8—4 

Find Par ted : SJ.-OarpanSev * ILurtonen, 
Mokenwi. Second Parted: SJ^Mnkarov 12 
(Rotate) ; 1 Atyfcrim, Houtder 11 (Volk. Dot- 
ms) (PP): Sj.-Lorlonov 6 (OzollnSi); SJ-- 
eonwdov ID (Makarov. Lortonov): SJ.-M0- 
toaov a I Lortonov. Oral Insfi) (Mi A-D0«rt* 
9 (CoriEum), Third Parted: None. Shots oa 
waliSJ. (on Hebert. Tuonutt) 8W-19.A (on 
Irto) 


mjROPSAM SUPERCUP 
First Ln 

Form A AC Mften 1 


WofWCupBIrthton 

RosoUs of WkU — etor owow evert on 
ThorsdCTto ItstateUi&wCanmar.' Lftofrica 
BaHty-SoUra. Fttskw, 4s mkwte HO seconds: 
XVtetorMotoiirBv.BalarVb47:ia5: 3, Andreas 
zteaerlo. Italy, 48:203; A Hems Flondbv 
Prtjnce. 48 JU: 5. Sven PHcher. Germany, 
48:386: 6. VDdfm Sosdwrfn, Besom. ep-.rU. 

world Cop (tandbws after Smnfs: 1, 0an- 
Ip4al)i& 99 points; 2. Weo Gross. Germany. 
8»:a.Flsdisr,84iASerw)Tcriaoy,Ru3Sta.78J 
A Votary «rtenfcftRt«Jara; 4 Mototrev, a 


FIFA Lone Holdout on IOC Drug Tesfe 


The Associated Press 

LAUSANNE, Switzerland — 
Most Olympic spons federations 
agreed Tcureday to apply unifonn 
anti-drug rules and sanctions, but 
soccer’s governing body, FIFA, re- 
fused to ratify the accord. 

Under tbe agreement proposed 
by the International Olympic Com- 
mittee last June, spom that don’t 
comply risk being expelled from 
the Olympic program. 

At a meeting with IOC officials, 
delegates of some 30 summer and 
winter sports also gave prehroiziary 
backing to a new arbitration sys- 
tem intended to keep disputes out 
of civil courts. But Olympic offi- 
cials said more work is needed on 
the details. 

The new measures are intended 
to be in place for the 1996 Summer 
Olympics in Atlanta. 

Prince Alexandre de Merode, 
bead of tbe IOC’s medical commis- 
sion, said all spons except soccer 
agreed to impose minim um two- 
year suspensions for users of seri- 
ous pKXionnance-enbandzig drugs 
such as steroids; adopt tbe IOCs 
list of banned substances; and ap- 
ply unifonn testing procedures, in- 
cluding surprise, out-of-competi- 
tion controls. 

Undo* pressure from cycl in g, 
sports federations were given up to 
two years to toughen their anti- 
drog guidelines as required. 

FIFA’s secretary-general, Joseph 
Blatter, joined ibe talks on arbiffa- 


ESCORTS& GUIDES 


tion but left before the later anti- 
doping meeting. 

IOC officials said disputes re- 
main with FIFA but that efforts 10 
resolve them would continue. 

FIFA can ban drug offenders 
from international competition for 
two years but let them compete 
nationally. It also has bees slow to 
move on oul-of -competition con- 
trols. 

Many sports already apply im- 
mediate two-year suspensions for 
serious breaches but cyding moved 
to six months only last year. 

Tbe International Tennis Feder- 
ation. had held out for a one-year 
ban for first offenders, saying the 
longer suspension could effectively 
end a player’s career. 

“They told me they agreed with 
two years," de Merode said. “I 
don’t see the slightest difficulty 
with tennis.” 

Keba Mbaye of Senegal, chair- 
man of the IOC’s legal commission, 
said federation delegates voted in 
principle to fund a new arbitration 
body independent of the IOC. 

But the crucial code to govern 
arbitration, while largely drafted, 
was sent back to 3 working group ; 
after some spores bodies raised 
worries about their independence; 
officials said. 

Soccer and volleyball were among 
tbe sports voicing reservations. 

An International VoOeybsdl Fed- 
eration official said there was a 
danger of overloading the new sys- 


tem with minor problems, such as 
refereeing disputes, that should be 
handled within each federation. 

Tbe IOC still expects tbe tribu- 
nal, known as the International 
Council of Arbitration for Sport, to 
be set up this year, said ihe IOC’s 
director-general, Fran 901s Canard. 

“Most federations were ready to 
sign,” Canard said. 

The tribunal lies in with IOC 
plans to require athletes at die At- 
lanta Games to waive their right to 
file law suits in disputes, including 
those over doping, and accept 
binding arbitration. 

The issue has gained urgency in 
wake of the protracted appeals and 


taw suits stemming from the dis- 
puted drug suspensions of track 
stars Butch Reynolds and Katrin 
•Krabbe. 

But individual sports would not 
be obliged to use the new arbitra- 
tion system, officials said. 

Tbe tribunal will effectively re- 
place the Court of Arbitration for 
Sport (CAS), a little-used panel run 
by the IOC. Tbe new council wBl 
consist of 20 international jurists 
who will designate specially quali- 
fied arbitrators to hear the cases. 
The IOC, the federations, the na- 
tional Olympic committees and the 
athletes wffl each select Tour jurists. 
Those 16 will choose four others. 


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INTERNATIONAL HERALD TRIBUNE, FRIDAY, JANUARY 14, 1994 


OBSERVER 


The Twain Meet 


Welcome to the Whole Earth MUlennium 


By Russell Baker 
’VTEW YORK — Several 
_N months ago the authorities at 
. : e Mark Twain house in Hartford, 
onnecticut asked if I would come 
jid make a speech. 

I said yes. what would you have 
.aid? 

II was for a good cause: preserra- 
:i.;n of Mark's a mazin g old house. 
. iiich looks like ihe house J. P. Mor- 
:.<n mighl have built if be*d been a 
Mississippi River steamboat pilot 
: lead of a money changer. Frank- 
: . however, it wasn’t the good-cause 
: peel ilial appealed to me. It wss 
:'-e honor of the thing. 

“Yes." I said, “of course I’D 
r.-me and make the speech." 

□ 

Now the actual possibility of ac- 
: ■.iliy making an actual speech nev- 
-. r seriously crossed my mind. The 
; ’gagemeni was made in the sum- 
. ; . Jr of 1993. The speech was not to 
. made until March IS. 1994. 

This future seemed so remote 
'au what with all the news about 
■ .Je-siream smoke, drive-by shooi- 
:.zs and asteroids possibly hitting 
earth without warning. I natu- 
-My assumed I would probably die 
Tore then and. so. not have to 
■afce the speech. 

Before putting the whole busi- 
. :ss out of mind, though, I spent a 
'.-.v days enjoying fantasies about 
:t triumph I would score among 
ark Twain scholars. 

These fantasies were not about 
. speech itself, but about the 
••■cch's aftermath. I fancied myself 
-.. amped with praise from the audi- 
•j.ice which had just heard my talk. 

They told me Mark Twain him- 
■jlf couldn't have done better. 
./ ■me said Mark, in fact, bad never 
: -een half so entertaining as I had 
■en this night. 

The odd thing about these fanta* 
->ies was that though I received tre~ 
‘ficndous praise for an incredibly 
.. :ity speech. I couldn't think of 
-nyihing even faintly amusing that 
had said. 

□ 

Time's passage did its healing 
• >rk. and 1 had happily forgotten 
‘j si summer’s folly when Hartford 
!eiephoned the other day. “Could 
; -,'U give us the title’ of your 
-ween?" asked the caller. 

"Speech? What speech?" was the 
: :estion that ran silently through 


my mind. Could I possibly have 
promised to make a speech some- 
where? 

“Unlikely.” I told myself. In 
1981 1 made a speech in the grand 
ballroom of the Waldorf-Astoria 
hotel to an all-male audience that 
had anticipated belly dancers. It 
expressed its dissatisfaction with 
the program committee by pelting 
me with the dinner rolls, and I have 
not made a speech since, except to 
humor the kind of people who hold 
guns to your head. 

"The Mark Twain house." said 
faraway Hartford, and all was horri- 
bly clear, the horror being implicit in 
the request for a speech title. They 
were not only going ahead with the 
speech, they’ wanted a title for it. 
This could mean only one thing: 

They expected a speech that was 
about something. I promised to 
phone right back as soon as I put 
the finisfung touches on my perora- 
tion, and have been riding here 
ever since trying to think of a title. 
□ 

What do you think of “Holistic 
Tropism and Sub liminal Lamenta- 
tion in Mark Twain's Mississippi 
Writings: A Suppressed Struggle 
Between Conscience and Riparian 
Rights”? 

No. I don't know what it means 
either, but it sounds terrifying 
enough to satisfy the American lust 
for oratorical abuse. It is also 
meaningless enough to cover any- 
thing I may have to caD a speech in 
the event the Earth isn't struck 
soon now by an asteroid big 
enough to wipe out Hartford. 

Is the need to bear speeches pe- 
culiarly American? We claim to 
hate the oratorical gales, yet fed 
the lodge's annual hotel banquet is 
incomplete without an after-dinner 
speaker soporific enough to over- 
power the coffee. 

Do the French fill 10,000 hotel 
ballrooms every night to listen to 
after-dinner speeches? The Italians? 
The Sri Lankans? The Uzbeks? 

Ah, there's a livdy tide! "Was 
Tom Sawyer an American Uzbek 
and Aunt Polly a Boris Yeltsin in 
Drag?’’ Or maybe, “If Mark 
Twain’s Favorite President Was 
Grant, What’s So Awful About Or- 
dinary Guys Liking BQl Clinton?” 

Don’t worry, Hartford. As Jack 
Benny used to say. “Tm thinking. 
I'm thinking.” 

figw York Tima Semen 


By Patricia Leigh Brown 

Sen York Ttma Service 

S AUSALITO, California — The sign in the courtyard 
said. "Welcome lo the Millennium." And next to the 
offices of the Millennium Whole Earth Catalog — the 
forthcoming sequel to the pivotal 1960s generational bible 
— someone was building an “experiential" multicolored 
tetrahedron with a metal ball suspended from it. 

Howard Rheingoid, the editor in chief, was dressed in a 
kaleidoscopic fashion that looked as if the parking lot of a 
Grateful Dead concert had wandered onto his clothes. 
Then, amid a kazoo chorus. Wavy Gravy, that legendary 
'60s civil disobedient, led an invocation to bless the M- 
WEC, as the millennium catalogue is known. 

One participant described the group of 30 or so writers 
and editors who had assembled from all over the country 
for a one-day millennium powwow as “granola-crunching, 
endorphin-drenched leettno-druids.” It was the utopia 
business as usual at 27 Gate Five Road. 

Twenty-five years ago. Stewart Brand, then a 30-year- 
old renegade best known as one of Ken Kesey's Merry 
Pranksters, gazed out an airplane window into “dark 
nothing” and slipped into a reverie about bow he could 
best help his friends who were starting communes “hither 
and yon in the sticks.” 

He gave birth to the idea of the Whole Earth Catalog, an 
enterprise that two and a half million readers, a National 
Book Award and at least one nervous breakdown later, be 
would call “a mistake that worked.” 

He and Lois Jennings Brand, then his wife, loaded up a 
pickup with mimeographed sheets on subjects like tantra 
art. cybernetics and seeds, and went to see friends on the 
New Mexi co-Colorado commune circuit. Then, he and his 
friends wrote and designed a shaggy, witty compendium, 
an “access to tools,” whose publication in 1968 seemed, 
for a time anyway, to open up the world. 

Even now, after the Last Whole Earth Catalog (1971), 
the (Updated) Last (1975) and the Next (1981) have all 
come and gone, there remains a palpable sense of idealism 
about it oD. But in 1968. the laud itself was deemed the 
vehicle for remaking the planet. Today, it is the computer. 

Where the original Whole Eanbers communicated via 
underground newspapers and the U. S. mail, these days 
they commune via the WELL (the Whole Earth ’Lectronic 
Link), a computer teleconference system. 

In place of beekeeping and goat farming, the Millenni- 
um Whole Earth Catalog, to be published this fall by 
HarperSan Francisco, will include six pages on how to use 



Internet and a section on “citizen encryption.” private 
coded messages to prevent computer intrusions. 

The countercultural ideal of democratic access to tools, 
of living independent of established political and commer- 
cial interests, is now being applied to a new sphere. 

“It is not just a collection of knowledge," said Rhein- 
gold, who has served as a consultant to the congressional 
Office of Technology Assessment and whose work, in- 
dudes books on virtual reality and the virtual community. 
“The idea is to change the way people think.” 

The original Whole Earth Catalog chronicled changes 
in thinking in all their overwrought peacock glory. To 
young women in peasant blouses and young men in 
fringed buckskin, the catalogue was a revelation. Between 
its covers — the front a dreamy photo of Earth as seen 


Views From the Catalogue, Then and Now 


Net* York Tuna Service 

H ERE are some excerpts from 
the old and new editions. 

The Original 

ON EATING MUSHROOMS: 
“Finding a strange, slimy, luminous 
colored growth on dark rotting wood 
is surprise and pleasure; to extend 
that experience into identifying it 
and possibly eating it is even better.” 
ON COMMUNES: “One reason 
we promote communes is that there’s 


no better place to make aQ the wish- 
ful mistakes; to get your nose nibbed 
in your fondest fantasies." 

ON WATER BEDS: “A variety of 
wave motions can be induced; add- 
ing interest to life's little pleasures." 

The MSennnm Update 
ON COMPLEXITY: “Computers 
have made formerly theoretical sci- 
ences into experimental sciences 
(model year idea and see if it runs), 
and new comfort with nonlinear. 


chaotic systems means that the mod- 
els and the real world are growing 
ever closer together.” 

ON CHAOS: “Our perceptual 
world is much more fractal than it is 
Euclidean. Look at anything long 
enough and it falls apart" 

ON THE COSMOS: “Human 
minds are large enough to contain 
something that has been expanding 
at the speed of light for >5 billion 
years.” 


• from outer space — an alternative to an inward-looking Wli 
world, symbolized by the suburbs, unfolded. ■ . 

Barbara Kirshenbfau-Gimblett. an early contributor “ 
who is now a professor of performance studies' at New -J»on» 

York University, said the catalogue “came at a time when raw 

we had mote time than money,” • £r e _ 

The catalogue's arrival in the year of Bdridge Cleaver" s ^ 

“Soal on Ice” and Carlos Castaneda's ‘Teachings of Don 
Juan, 0 was “like opening a vein," Ken Kesey recalled. ^ 
No subject was too btg or small to escape its notice. 

Although commonly remembered as a back-io-the-lana 
Sears catalogue or. as a rural hippie bible. the earfy , M 
volumes were as concerned about exploring technological ^ ^ 

frontiers — space, physics, geodesic domes and computer 
science — as they were about creative glass-blowing 
Many of its tendrils are tiow rooted in the culture; Pri 
others withered igdominiously on the vine. As Brand notes alien 

today, geodesic domes, promoted heavily as living spaces in L< 
in early catalogues, leaked terribly; people left them ares: 
behind “like hatchlings leaving their eggs.” papei 

References to “free love” now seem a melancholy said 
un achranism, and the idea of an organic molasses-black- vdvt 
top driveway is best forgotten. But the catalogue was punu 
prescient on now-mainstream subjects such as computers, 
ecological restoration, recycling, medical self-care, alto - - iu-lai 
native childbirth, stress reduction and. natural foods. abqv 
The obvious question for 1994 is whether the Whole 
Earthers can do it again, particularly since; the cultural ^ 1 
landscape is more diffuse now. ^ 

. Anxious to avoid a 1960s rehash for aging hippies. 

Rhein gold is striking out in new territory, “because it’s the : 

miQenniuni,? he said. The most palpably new thrust is the t”. 

em phasis on “taming technology. Aniv 

. “We need to question what we’re being sold.” he said. cook! 
“and know how we can nse these tools for positive ends.” 

The new faratngue win cost $30, compared with $1 in 
1968. It will address young cyberculture types as well as 
these who abandoned soda! activism in . the '80s andwbo - jb 
are anxious, as one editor said, to “get off their butts again.” borg 

The embodiment of what a long, strange trip it’s been is first i 

Brand, now editor emeritus. He is a former logger who ball© 
went to Phillips Exeter Academy, has a biology degree 
from Stanford University, organized the 1966 Trips Festi- ■ 

valin San Francisco (the first multimedia rock 'n'roQ acid 
test), was an adviser to Governor Edmund. G. (Jerry). *■ 

Brown Jr. and wrote a book on the MIT Media Lab. s 

Today, he lives with his wife, Patty Phelan, on the /SSt, 

Sausalito waterfront in a renovated 1912 tugboat and. at 
55, now indulges in what he calls the “post-managerial” - 
phase of ins life, as a principal in the Global Business which 
Network, a S3 milli on company that charts the future for tv q 
major mul tinati onal corporations. He is also completing a 
book on architecture called “How Buildings Learn.” 

He is nonco mmit tal when asked whether the world jgjj 
really needs another Whole Earth Catalog. has gi 

“That’s a fair question,” he said. “I don't really know York 

tite answer. But if the Grateful Dead can have an audi- lasses 

ence. why can't the Whole Earth Catalog?” librar 

In any event, a yearning for optimistic remedies to “the Catali 

angst at the end of the tunned," still looms large. for ^ 

“The truth is, a lot of stuff that came into flower in the 
’60s — the environmental movement, civil rights, feml- ‘ \ - 
nism, computer-age consdouatess and psychedelics — are i— - 

issues stiH to be dealt with,” said Kesey, who StiD dings to I fflj 

some of the eariv catalogue’s old remedies. “My theory is I 

it. won't be ovtx tin the fat lady. gets high.”,. . I 


PEOPLE 


Bill Wyman: Dad-to-Be 

With Time on EhSide 

B9 Wyman, the former Rolling ~ 
-Stones bass guitarist, is set to be- 
crane a father again at the egeof 57, 
He said he and his wife, the actress 
Suzanne Accosts, 3^_ were “over 
the moon” about the pregnancy. 
“I’m young' for tny age and 
thought, ‘Why not?* “ Wyman, who 
has a 31 -year-old son from a previ- 
ous marriage. told the London Dai- 
ly MaiL "Hopefully there wilj be 
more." " 

□ 

Princess Diana regularly visits an 
alternative Chinese therapy clinic 
in London for foot massages that 
. are said to relieve stress, the news- 
paper Today reported. The paper 
said the hour-long sessions in- 
volved having the soles of her feet 
pummded and her toes pulled, 
... In Hong Kong, Diana’s aster- 
in-law, die Duchess of York, joked 
about teenage romance and her 
waistline 3! a home for runaways. 
She provoked squeals of laughter 
by asking the teenage girls, “What 
do you think of the boys?” One girl 
Said she liked them, to which the 
duchess remarked. “Me too." The 
duchess, estranged wife of Prince 
Andrew, sipped lea but passed up 
cookies. “No thanks.” she said, 
patting herhips. “Too big already 

□ 

The Danish dancer Johan Kob- 
borg won the Grand Prix of the 
first international Rudolf Nurcyev 
toilet competition in Budapest. 

□ 

Fired? Me? Nah. “1 quit," Shan-. ; 
nen Doherty says in her version oP 
. why she left the TV show “Beverly , 
Hilts. 90210.” “1 feel no sadness. 
Who wants to get up at 5 A. M. and 
leave the arms of your husband and 
go work for 12 hours in a job in 
which you're miserable - ?" she told 
•TV- Guide. 


SB Blass, the fashion designer, 
has given 510 million to die New 
York Public library, one of the 
largest gifts ever received by the 
library. In recognition, the Public 
Catalogue Room has been nam ed 
for him. 


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Locally heavy snows wil fal 
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0ns weekend, accompanied 
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|inq Seoul will have ram or 
snow Saturday followed by 
much colder weather and 
(krrres Sunday into Monday. 
Shanghai 10 Hong Kong wil 
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this weekend Irto next weefc- 


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31 -W 

14/57 pc 


23/73 I5‘59 pe 23/73 1467 s 
2862 16*1 a 29/84 22/71 S 


Legend: s- sunny, pc-panf/ doudv. c-doudy. sh-shoows. ttfonfersto/ms. r-raw. S-snoa Humes, 
sn-snw. Hee. W-WeWiet. AM mape, forecasts and data provided by Acoi-Waither, he. C 199* 


Anctonga 

MlarU 

Botfon 

Chugo 

trtre 

bain* 

HanoUu 

Houston 

Lo, Ang c ta i 

Uom 

Llnvwob 

LVrercnJ 

Nassau 

Mrelali 

Ptoro 

San Fran 

Scot* 

Tcrorag 

VUeturfon 


I -9/16 sn 
I -700 c 
I -7/20 d 
•21 '-5 pc 
i -504 4 
i -16/4 a! . 
I 19*8 pc 
I 5/41 3 
I 1000 4 

I 9<4* 4, 
-28H8 pc - 
I -19/-2 d ■ 
I 18*4 pc 
i -9 ■36 d 
I 10150 s 
t 7/44 E 
I 6/43 c 
i -1841 si - 
" -700 c 


i -10*15 pc 
I -7/20 4 
I -1477 5f 
•17*2 1 
) -4*26 pc 
I -186 pc 
I 1864 pc 
I 0U3 pc 
1 9/48 4 

> HOT I 
-184) * 

1 -2S.'.18d 
1 18*4 pc 
; -i6'4 pc 
I 7/44 4 
r 4/38 3 
I 265 4h 
-237-9 d 
1 -rr/tr pc 


WEEKEND SKI REPORT 


Retort L Ul 

Andorra 

Pas de la Casa 85 135 

SoMetl 95 145 

Austria 

tgts o 30 

KJtzbuhei 25 90 

Saaurach 55 95 

Schladmcng 30 120 

SLAnton 40 190 

France 

Alped’Huez 140 220 

Les Arcs 120 355 

Avonaz 140 180 

Cauterels 170 230 

Chamonix 85 380 

Courchevel 145 180 

Les Deux AJpes 120 300 

Flame 85 280 

I sola 190 290 

Mfinbel 80 180 

LaPlagne 186 330 

Sene Chevaber BO 265 

Tignes 140 320 

Val d’lsfere U5 320 

Val Thorens 160 360 


kttn. Hu. Snow Lart 


Good Open Pwr* 11/1 At bffs *nd ptsias open 

Good Open var 11/1 Good sfcftig altar fcaahuxnv 

Worn Ctsd Var 11/1 Best stong at Axamor Laum 

Good Open Var 5/1 Ail «ts open, rsoe this nwafcand 

Goad Open Pcfcd 4/1 Warn pachas some bmr pat* 

Fair Warn Hvy 4/7 Upper stapes reman gooO 

Far ley Var 4/1 Snow good above 1 SOQm 

Good Opai Pwdr 11/1 Exceteni sxMng 

Good Opai Pwdr 11/1 Excefont skMng 

Good Open Pwdr 11/1 Exceaant pong. aS4l Sits open 

Good Open Var 11/1 Good sno*. mider wether 

Good Open Pwdr 11/1 Fmsh am*, graat skano 

Good Open Pwdr 11/1 ExcaBant &kng. ne* sno* 

Good Open Pwdr ll/l "lifts qoart to 3400m. greet snow 
Good Open Pwdr 11/1 26/2B Mts open, excellent Osong 
Good Open Pw* 11/1 Deep sno*. avalanche danger 
Good Open Pw* lt/1 AS Hits open, sensed aw - 
Good Opai Pwdr 11/1 ExceBeni siring attar fresh sm* 
Good Open PtW t 11/1 ExceBent suing. 62/77 BtB open 
Good Open Pwt* 11/1 Greet Mtng. 45.’5I ms open 
Good Open Pw* D/l Excate* siting, 49/51 Uts open 
Good Open Pwdr 11/1 ExcBBem suing. Bash powder 


‘ Dap* Ban. Ba*. 8bow LM 

Resort - L UMuPMuMi 9mr C n naa a nU 

Cortina -' 40 1» Good Open VSr 6/1 GcxxJtiting. iaca ffitrweeftanof . 

Coyrmayeur 45240 Good Cfsa Piiwr 1 1 <t Very good siting . v 

Sflhra 55 100 Good Open Var 6/1 Af Ms <anp pates epen m 

Sestrttre 80 150 Good Open Pwdr 11/1 AB X6*y Way Uls open . " 


125 >65 Good Open Pv* 11/1 ./Jest lots antes pates epon 


BaqiAera-Berei 120 230 Good Open Var 11.H USTIs ana petes open 


Q area any 

Garmrsch 

Oberstdorl 

Italy 

Bormio 

Cervinia 


5 140 Good Qsd Var 4/1 Good siting taper slopes 

0 130 Good Some Var 1/1 Some runs a resort open 

30 145 Good Open Var 8/ 1 13/17 Us open. 33km at x-eekt 

120 430 Good Open Pwdr H/t ExceBent siting 


Arose 

Crarts Montana 
Davos 

Grindelwtfd- . 

Gstaad 

StMorttr 

Wangen 

Zermatt 

U-S. 

Amen • - 

Brackenridgs 

KUrngton 

Mammoth 

Par* City . 

Steamboat 

Teliurtde 

VaU 


Open Pwdr no AB 16BKS open, tixv poop skang 
-Open Pwdr It/ L ExceBent skang. ett 40 tm open 
Open Pwcr 1171. AB utts open; goat siting 
--CW Pwdr 11/1 Betar^Bng with nen sno<* ■ 
Open Var 11/1 Sporting of net* snow 
Open pw* 11/1 BKeHenrarBng everywhere 
Open Pwdr 11/1 Fretii snow, improved skiing 
Open Pwdr H/1 ExceBent siting 


Aspen •• - - 100110 Good open Var B'l Ait aura Open, good stung 

Brackanridge 115140 Good Open Pcfcd 8/1 Good stong an packed powder - 

KHlington 70160 Good Open Pwdi 8/1 Greet Aiag. plenty ot ne wuw 

Mammoth 25 90 Fair Open Pcfcd — Uost 60s open, trtita stit ak 

Paucity . 90135 Good Open Pwdr 11/1 At kttt open , good aMng 

Steamboat 175175 Good Open Predr 11/1 Most ms open, groat slang 

TeHurtde - 85.100 Good Open Var 8/1 abuts open very good ettiv 

Vffl 100125 Good Open Pwt> 11/1 ABttaend back Oorts open 

Key- UU.Oeprti ai cm on lower and upper dopes. Mht PlataaMounianade pises. Rea. 
PWaa Runs leattng to resort vtflage, An ArMiciBl snow 

Retorts swpked bv the Ski Out) r* Croat maty 



Travel in a world without borders, time zones 

or language barriers. 




otBbrt-cax* \ Imagine a world where ynu can call country to country as easily as you can from home. And 
.- reach the US. directly from over 1 25 countries. Converse with someone who doesn ‘t spea k your 

83b • kinguage. since it’s translated instantly. Cal! your clients at 3 a.m. knowing they’ll get the message in 

your voice at a more polite hour. All this is now possible with .■KRST. ‘ 

To use these services, dial die AI&ET Access Number of the country you're in and you'll get all the 

help you need. With these Access Numbers and your AWT Calling Card, international calling has never been easier. 

If you don't have an AT&T Calling Card or you'd like more information on global services, just call us using the 

convenient Access Numbers on your right. 


© 1994 XfST 




AIST 



AIST Access Numbers. 

How to call around the world. 

1. Us-mit the choir Mo*, find the country you art: cjlKnftfirm 

2. Dul the correspondirtg ART Access Number. 

i. An .«S£T Englwh-speaking Operate or voice prompt wfll ask for Kte phone number you Msh to oiD orconnea vou 10 a 
customer service representative. 

To receive your free ^valkl card of AJ23^,\ccess Numbers, just dial the acces number oT 
thedoumry jouVum arid ask forOBfomcrService. 

COUNTRY ACCESS NUMBER COUNTRY ACCESS NUMBER COUNTRY ' ACCESS NUMBER 


ASIA/PACIFIC 

AostraBa OOi-i 

ChlnajraC*^ 

Guam 
Hong Kong 
India* 

Indonesia* ( 

Jjpan* 

Korea 

Kotbua 

Malaysia* 

New Zealand 


Hungary” 


RaKsiaTMoscow) 

Saipan* 

Singipoic 

Sri Lanka 

Taiwan* 

TtmikmJ* 


0014-881- 011 Icrfand** 
10811 Ireland 
018-872 Italy* 

WO-mi Lsedueastejae: 
000-117 Utlinanlw 
OMQl-10 ' Luxcmbomy 
0039-111 Malta* .- 

009-13 Mon a co* 

IV Pie th e rl a ndg * 

800-0011 Norway* 
000-01 1 l PoLmd*»** 
10S-11 Portagalr 
155-5042 Ro m ania 
235-2872 Slovakia 


OOAjWgmi ■ QtOe - 
999-001 iCokmibia 
1-80(^550-000 

172-1011 ?P/>KKlni* 

- I9f410.il ' HSalradofa 

^196 i Guatemala* 
OJX&QM ^ ' 

- SS5 f* m* ! iH^dGnera 

WjffU IModcoui 


800-0111-111 Spain 
430-430 ' Sweden* 
0060-10288-0 Sw teeiLm d* 

n019-991.ini UK. 


EUROPE 


Armenia** 

Au atrta- *~ 

Bdtpum* 

Bulgaria 

Croatia** 

Ct-pra<* 

Czech Rep 

Denmark* 

Finland* 

France 

Germany 

Greece * 


- 8*14111 Bahrain 
022-9034)11 Egypt* (Cairo) 

Q-8-H-0010 farad 

00-l«XmOlQ Kuwait 
99-380011 I*faanon(Befrnr) 
080-90010 Saud Arabia 
00-42000101 TaAey* 


ptvzfni 

552^11 

~ 0*0104800111 ^ 

I Li 05017-1-288 TT— — T . 

omoo^; 

0042000101 

900-99^30-11 • C 

Q20-7954U . ^hanas 

nd* 155-0013 ■• BCTOMlda* 

~ 050009-0011 

MirmiF BAST ~ j Caycoanlsbro 

-800-001 . ^ Grenada* 

»dro) 510 - 0200 . ' ifaar 

~~ ’ 177-100-2727 'JanakaT 

' 80Q-288 i Ndh-Antil 

(Betrar) 42^801 . ScKtnyNevfs 

« 1*800-100 ■ » • 

! 0frW12Z77 Gabon* . 


004-0312 

980-11-0010 

■- 114 . 

no 

190 

190 

165 

123 

9S-800-46Z-4240 

0 H4 

109 

191 
000410 

80011-120 


WBjMg AMwnrij • fiwnkfa- 

^O-lOO-lO Argenttaaw . -001-600^200-1111 ..Kenya* *. : 


IgjrOOll Beige* 
01300010 Bdivia- 
00800-1311 Bead 


’VkTCjhi^'IaJinutsuiUwrHiDcuunk;. . jsm Wart>Coaa«i"'irR«- - . • . : 

»e/i [fk'fVzirK- (nmprvuam m m iw , 


555 ‘Ubeifa 
0-800*1111 AfakwT* 
0008010. Sunrume 


Venezuela*? 80011-120 

” CARIBBEAN 

Maams 1-800872-2881 

• Bermuda* 1-800872-2881 

‘ BHtfahVX 1-800-872-2881 

' Cayman Islands 1-800-872-2881 

; Gwnada' . 1 1-800^2881 

’ gfaM” 001-800^972-2883 

'Jamaica** 0-800872-2881 

lNcfli.Anlfl , 001-860872-2881 

. StKmyNevts. . 1-800-872-2881 

1 V AFRICA : 

lG *Bon" . . 00*001 

'fianJifa* * • ootll 

"•••’ - • Q60Q-10 

797-797 
. 101-1992 

Suriname 146