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INTERNATIONAL 


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PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


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Paris, Wednesday; January 26, 1994 


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By Michael Gordon 

Sew York 71 ma Service 

WASHINGTON —In a move that reflects 
the uwing tension on the heavily anned.Koro- 
ao Pe ninsu la, the Ctinton administration is 
Hkdy to ship Patriot anti-missile batteries to 
South Korea, senior atamistration officials 

- said Tuesday. 

The dispatch of the anti-missile batteries was 
. requested by General Gaiy E Ludt, the senior 
American commander in Korea, and is sup- 

- \: y ported by the Pentagon. 

. : ^ President Bill Cfinton has not yet formally 
. t. approved the request, but senior officials said 
he was Hkdy to do so. On Monday, the White 
House began quietly consulting the Congress 
. about the move. 

“1 expect there will be a positive decision/' a 
senior official said. 

. v. 4- ' In nuhtary terms, the case for sending the 
r * , v Patriots is straightforwani 

- North Korea has threatened to suspend the 
-4.' annistice on theKorean Peninsula if tbe United 

. States pushes foreconoimc sanctions to pres- 
77.. sure Pyongyang to aid its nuclear weapons 
program, a threat that UE uutitary officers say 
may be a bhjff, but which they cannot afford to 
'*• discount 

t • “ ' If North Korea attacked, US. intelligence 
__ officers say, Pyongyang would very Bkely 
launch its arsenal or Scud' missiles at airfields 
and ports in Sooth Korea to try to bhint Ameri- 
can air attacks and slow the pus of allied 
~ reinforcements. The purpose of deploying the 
Patriot system would ne to protect those instal- 
lations by knocking the incoming missiles off 
course or destroying them m the air. 

The Patriots deployed in Saudi Arabia dur- 
ing the Gulf War performed tins' narrow task 
reasonably well but were not effective in shield- 
icg large populated areas from attack. 
Nonetheless, tbe Patriot decision has been a 


sensitive 'one for the Clinton administration 
and is fraught with political 35 well as dipl omat- 
ic considerations. 

One the one hand, with 36,000 troops in 
Korea, the Cfinton administration does not 
wish to be seenignoring a request from nrifitmy 
co mm ande r s. The administration's dedrioo not 
to send the additional armor requested by 
American commanders in Somalia Wore the 
failed October Ranger raid exposed the White 
House to vwibering critidsni and contributed to 
its decision to dismiss Defense Secretary Les 
Aspin. 

On the other hand, tbe administration has 
been involved in deHcaie. talks with Pyongyang 
over inspections of the North’s nudear sites 
and appears apprehensive about taking an ao 
tiem ihat coula be interpreted as reflecting pes- 
simism about the talks and which may upset 
Washington's Asian allies, who have urged cau- 
tion. 

North Korea, which has issued a steady 
stream of. beDicose statements, is also all but 
certam-to denounce the deployment of Patriot 
missiles as a provocation. Pyongyang has rou- 
tinely denounced the United States in the past 
for conducting annual Team Spirit exercises, 
which rehearse the reinforcement of the Korean 
Peninsula. 

One UK. general said the State Department 
had been wary of dispatching tbe Patriots to 
South Korea for fear of upsetting the talks with 
the North Koreans on the nudear issue. As a 
result, the administration has been considering 
a fall-back plan under which the Patriots would 
be shipped to Japan, from where they could be 
quickly moved into South Korea in a crisis. 

The talks over North Korea's nudear pro- 
gram have made little headway in recent weeks, 
as Pyongyang has rebuffed some of the de- 
mands by die International Atomic 
. Agency for detailed inspections at seven 
daily disclosed nudear sites. 



IS. Trade Talks 




By Paul Blustein and Peter Behr . 

- Washington Post Savior •• 

' -WASHJNGTW.^At.ffiB^ 

% trip last July, Prefident Bal Clinton sal dob# 

1 side Japan's prium tmnistw at 
Miyazawa, to announce that Washington and . 
Tokyo bad agreed ona new approach to solving 
trade disputes that marked “an important step 
toward a more .balanced rdationdnp” between 
tbe two economic superpowers. 

But now that accord, spdled oolin a 10-page 
“Framework far a New Eoonaraic Partner-. . 
ship," is looking more and more Hite the exer- 
cise in plroio-oppo rtn miy diplomacy that crit- 
ics labeled it at the time. 

U.S. and Japanese negotiators aided their 
latest round of talks here Ttiesday with no 
visible signs of progress 
Fewer than three weeks remain before tbe. 
president and Japan’s current leader, Morihiro 
Hosokawa, are to meet in Washington to -speU 
out bow Japan should reduce its large trade 
surpluses by buying meffe foreign goods, and 
the two rides are still fighting over the funria- 
n^tal issues that (tivided them six months ago. 

Far from “partners,” the United Stares and 
Japan seem akc scarred adversaries who. no 
longer trust each other's word. 


“There isn't even agreement on the nature of 
the problem,” saidJeffrey E Garten, underseo- 
jetery of commerce for international trade. 

Barring it sudden compromise, Mr. Cfinton 
and Mr. Hosokawa wiQ be forced to try to 
paper oyer their rfifferences again at their reb. 
11 ibeetitig oar admit failure. A breakdown 
would cause the U .S. government to re-examine 

See TRADE, Page 6 


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STATE OF THE UNION RUN-UP — President Cfiirton, with a guard, jogging 
Tuesday by the Capitol, where be was to give his State of the Union speech. Page 6. 


Reform in Tokyo: DeviVs in the Details 


By David K Sanger 

- New York Times Service 

TOKYO — For five years now Japan has 
immersed itself in aarcutar national argument 
over how to reinvent a political system (hat runs 
on rivers of cash. In the intemn, /our prime 
ministers have fallen, and a fifth. Monbiro 
Hosokawa, may be consumed later this week by 
tbe very system he vowed to tame. 

. But when Japanese talk about sdji kaku, or 
political reform, what they mean depends on 
who is doing the talking. As Mr. Hosokawa 


makes a last-ditch effort to revive the reform 

oFpexliainent on Friday, a fundamental ques- 
tion has been lost in the mists: Will the bills 


NEWS ANALYSIS 


everyone is arguing about really change any- 


sisthei _ _ 

in town,” the best-known American politician 
in Tokyo, Ambassador Walter F, Mondale, said 
the other day as he struggled to understand. 


Kiosk 


Italian Magnate 
Enters Politics 

ROME (Reuters) — SQvio Beriuscoui, a 
media magnate aria one. of the country's 
richest men, will enter Italian polities on 

■ 11 _ J 1 — V* A* lEt* mMmu vairflt 


Forza Italia movement. Jus Canale S 
vision network reported Tuesday. 

It said the entrepreneur, 57, -w ould re- 
aiw ac rhait fwin of his media empire, 
Fminvest, to ccocoitEaie on ca m pai gning 
for the March general election- “Berlus- 
coni has decided,” the report said. “To- 
monow be wfll formally announce his de- 
cision to enter the fray with Forza ItaHa." 

Business /Flnano* 

Dieter Bode solidified hia control ova . 
Lonrho. 



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Enthusiasm Wanes lor Borderless Europe 

Computer Glitch Blamed for Latest Delay in Schengen Deal 


By Tom Buerkle 

International Herald Tribune - 
BRUSSELS — A year after Europe launched 
its single market with great fanfare, Europeans 
are still far from enjoying the same freedom to 
move about thdx continent as arc, say. car parts 
or spare cash. - 

Tbe so-called Schengen group at nine EU 
countries conceded Tuesday that it would miss 
a Tuesday deadline for e&ninating internal 
• border controls, the latest in more than a year 
of postponements. 

Even . if the group can fulfill its bordedcss 
: in the liHjnms ahead, there is no irrun*- 
; project that tbe three holdouts from the 
g qhwngm a greement Britaiji^ Ireland and 
Denmark — will jean the group and relax then 
much tougher bonier controls. 

A computer software glitch has been blamed 
for the current delay, but critics say that’s just 


an excuse for countries whose real fears are 
ummgration and crime. 

Tm sure there are other reasons, too,” said 
Amfcdfe Toma, chairman of the European 
Parliament's Committee on Civil Liberties and 
Internal Affairs. 

Tbe failure to eKminate controls means more 
than continued annoying delays al airport pass- 
port checkpoints. It undermines one of tbe 
El7s primary goals: the free circulation of 
goods, services, capital and people. 

“You can't have the other three freedoms 
without the fourth,” said Tony Venables, direc- 
tor of the Euro-Citizen Action Service, which is 
lobbying for a border-free Europe. 

Surveys by the European Commission, the 
Union's executive agency, also show that talk of 
European unity is empty for most people unless 
die barriers to their own movement come down. 

More important, critics say, at a time of 
record unemployment, the continuation of bar- 




Dire U.S. Forecast 
For Ukraine Conflict 

Analysis Fears an Ethnic Breakup , 
With Nuclear Arms Pledge at Bisk 


By Daniel Williams 
and R. Jeffrey Smith 

WasJungion Tost Scn tce 

WASHINGTON — A U.S. intelligence re- 
port predicted that Ukraine's worsening econo- 
my would spark ethnic conflict that would split 
the country and create a new dispute over the 
fate of the nuclear weapons it has just agreed to 
give up. 

The classified analysis, formally called a Na- 
tional Intelligence Estimate, said if the current 
economic trend continued, a significant minor- 
ity of Ukraine's population of 51 milli on would 
favor reunification with Russia — which, for all 
its economic and political troubles, is consid- 
ered belter off than Ukraine. 

The intelligence report forecast that the 
Ukrainian populace would then swiftly diride 
along ethnic and geographic lines, with the 
Russian minority in the country's eastern re- 
gion pressing for secession and the Ukrainian 
majority in the western region seeking not only 
to remain independent but also to prevent the 
eastern territory from returning 10 Moscow's 
control. 

Tbe result could be violence, possibly with 
Russia's military involvement, according to of- 
ficials familiar with tbe report. 

“It wouldn’t be peaceful. ” one official said. 
Any decision by tbe east to rejoin Russia would 
spark new interest by officials elsewhere in 
Ukraine in retaining at least some nuclear 
weapons to deter Russian hegemony, the report 
said. 

The intelligence analysis was circulated in 
draft form to senior U.S. policymakers in early 
January and it “shook up a lot of people.” an 
official said. It was finished on the eve of 
President Bill Chm cm’s departure for Moscow, 
where he signed an agreement in which Ukraine 
committed to give up its nudear arms in ex- 
change for political and economic benefits. 


plie Ukrainian parliamem postponed a de- 
ha ur Tuesday on si gnin g away its nuclear stock- 
pile in accordance with the treaty. Agence 
France-Presae reported from Kiev. There was 
□o explanation given for tbe delay, and a parlia- 
ment press office spokesman would only say 
that the debate might take place Wednesday,] 

“II has tempered optimism about the accord 
and made us focus on implementation as the 
next problem.” an official said of the imeDi- 
gecce report. 

Tbe analysis was drafted by a national intelli- 
gence officer, George Koli. and officials said its 
conclusions reflected a consensus in the intelli- 
gence community — including the CIA. De- 
fense Intelligence Agency, the State Depart- 
ment's Bureau of Intelligence and Research, 
and tbe National Security Agency. 

Tbe report essentially predicts that the 
Ukrainian economic reforms now being dis- 
cussed by a high-level Ukrainian delegation in 
Washington will sputter and fail. The dour 
economic outlook is not a major leap from 
present conditions — which include hyperin- 
flation of about 60 percent a month and insis- 
tence by Ukrainian leaders on avoiding the 
kind of economic shock therapy applied in 
many other former Communist states. 

The projections are considered significant 
not only because they raise the possibility of a 
change of heart on nuclear arms in Ukraine, but 
also because they may foreshadow develop- 
ments in Russia. Some U.S. officials fear (hat 
Moscow may wind up following a "Ukraine 
model” of development, and they cite tbe re- 
cent appointment of conservatives in the gov- 
ernment or President Boris N. Yeltsin. 

US. officials attribute Ukraine’s woes partly 
to its reluctance to lift price controls or transfer 
state industries to private owners. 


Russia Sharpens Its Tone 
To Neighbors and West 


along with 120 mflhon Japanese, why the gov- 
ernment seems about to falL “So far, here’s ray 
answer. Nobody has a chic.” 

There are two distinct pans to the reform 
plan. The first is a series of mti-rorruption 
measures designed to timii campaign dona- 
tions, and it looks quite familiar to Americans. 
The other, a radical change in the way electoral 
districts are carved up, is so Byzantine, so filled 
with tales of surreptitious plots to obtain or 
hold power — in snort, so wonderfully Japa- 

See JAPAN, Page 6 


By Celesline Bohlen 

Nev> York Times Service 

MOSCOW — A year ago. Foreign Minister 
Andrei V. Kozyrev stunned an international 
conference in Stockholm with a saber-rattling 
anti-Western speech that for a brief moment 
had diplomats thinking that Russia had revert- 
ed 10 its old imperialist ways. 

A half-hour later, Mr. Kozyrev announced 
that tbe speech bad been a ruse, calculated 10 
alert the world to the dangers posed by tbe 
nationalist opposition to Presidem Born N. 
Yeltsin. 

In those days, the nationalist opposition was 
just a glimmer on the political horizon here. 
Today, it not only occupies a significant share 
of tbe seats is Russia’s new parti ament but 
many of its favorite foreign policy theznes. 
including some of those so effectively drama- 
tized by Mr. Kozyrev in Stockholm, have been 
adopted by the Yeltsin government. 

“we are now feeling that what he said in 
StoddmlmfrbeoraiingtlKaffidatpolicyof the 
Russian federation,” said Juri Kahn, Estonia’s 
ambassador to Russia. In recent weeks, Russia 
has denounced talk of bringing the three Baltic 
countries into NATO and restated claims to 
speoal peacekeeping rights in the former Soviet 
Union, touching on two themes raised by Mr. 


Kazvrev 

1992. 


in that startling address on Dec. 14, 


A third came up 00 Friday in the lower house 
of parliamem, where a majority of lawmakers 
called for the lifting of international sanctions 
against Serbia, whose cause in Bosnia is warmly 
endorsed by Russia's ultranationaHsts. 

Even before the gains by nationalists and 
Communists in elections Dec. 12, the Russian 
government was speaking to the West and its 
neighbors in more aggressive tones. Govern- 
ments in Eastern Europe are slfll riled by what 
they see as Russia's efforts to veto their entry 
into NATO, while the other former republics of 
the Soviet Unioa increasingly feel that Moscow 
is defining the terms of their existence. 

Once identified by Mr. Yeltsin's hard-line 
opposition as the chief architect of a slavishly 
pro-Westera policy, Mr. Kozyrev now chides 
the West for failing to understand Russia's 
“special role” in what was tbe Soviet Union. 

That, Mr. Kozyrev said, is not imperialism, 
but reality. About 25 million ethnic Russians 
bve outside Russia's borders, and Moscow feds 
obliged to defend their interests. An estimated 
200,000 Russian troops are still stationed 
abroad, some of them with ibe agreement of the 
local governments, some of tbem the subject of 
See RUSSIA, Page 6 


der controls and various other legal and admin- 
istrative impediments are preventing workers 
from moving to seek jobs in healthier regions. 

“Visible and hidden harriers to people mov- 
ing around tbe Union really now are as impor- 
tant as barriers to goods and capital,” Mr. 
Venables said. 

Countries that have signed the Schengen pact 
insist they overcame au political obstacles to 
open borders in November, when France ap- 
proved a constitutional amendment allowing 
the government to turn back asylum-seekers 
rejected by other EU countries. 

The only problem now, they say. is a techni- 
cal glitch m a massive data bank designed to 
allow external border guards to screen entrants 
against a list of several hundred thousand unde- 
sirables, mainly criminal suspects and rqected 
asylum seekers. National computer networks 

See BORDERS, Page 6 






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Ynn Kjdotwv/Apan Frmx-Pnur . 

SKI DETAIL IN MOSCOW — A group of Russian sohfiers, their skis in hand, on 
a routine training march on Tuesday along the snowy banks of the Moscow River. 


Japan dels Ready to Explore Spcuze — on Its Own 


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Ivory Const .1.130 CFA Turkey ..T-L. M#QQQ 

Jordan-.- -UP U.A.E. — A50 Dlrti 

Lebanon -USS J40 U.S. MIL CEur.) S1.10 


By Andrew Pollack 

■ . • Sew York Vna Service 

TANEGISHIMA, Japan — In 1543, a Portuguese ship 
bound for 'Macao was Mown off course and landed on mis 
island, exposing the isolated Japanese for tbe first time to the 
. gim. In alow years: Japahese craftsmen were making nraskeU 
superior to those of dm Pixtognae. 

Four and a half centuries liter, this site in southern Japan 
wffl again be the same of an effort to match the West On Feb. 
1, Japan. plans. to fo n p eh its first major rocket built without 
rdiancton U.S^ technology, madting, in some sense, its arrival 
in the top tier of space- faxing nations. 

Ite.toinKrtogicatty sophisticated H-H is the first Japanese 
rocket that wfll be able (oboist large Dommumcation ana earth 
obsavaticai satellites imp ortat, anditwffl allow Japan togg* 
the commercial launching business in competition with firms 
in America, Russia, China and France. ThelHI will alsoserws 
as the mamstay of. Japan's space program for the next two 
tiecffdcs, paving the way for the poaabfc development of the 
nation’s own space shuttle. 


“With the completion d the H-E rocket, we have buflt the 
foundation for oar space activities,” said Dr. Tpamfunu Godai, 
executive director in charge of launcfaag vehitte at ihe Na- 
tional Space Development Agency of Japan, at NASDA. 

The rocket could also hdplapan develop as a trail tary 
power. The missile would have an inlcrcMtmental ream ana 
could be adapted to cany a weapon. In additioMreed of 
restrictions dud came with reliance tm Amencan teoiraMMy, 
Japan will be able to launch any satellites it wants to, including 
cEry ones. There has been some desire fra the nation to 
haw its own reconnaissance satellite, though there are no 
c o ncrete plans for tins yet 

But there are still manydonbts about whether the rocket win 
fulfill its putpose and about Japan’s future m space. 

The H-u program, which cost about $14 bfflioc, was b«fcv- 
ited by mdufeg anoplMon Ito bM 


And while the H-D is technically ambitious — it weighs 
about half as much as a France’s Ariane4 rocket but can brast 
the same 4,400-pound satellite into geostationary orbit —it is 
also expensive. « will cost about twice as much to launch a 
satellite with the H-D as with a rocket from France's Ariane- 
sMce, making it difficult for Japan to compete in the commer- 
cjhT launching business. 

As for Japan's role In space, one of the main f auctions of the 
H-II is expected to be fc> launch the Hope, a small, unmanned 
shuttle that would dehver supplies to a space station and then 
return to Both and land automatically. 

The maiden flight of the H-II mil be used to launch the 
Orbital Re-entry Experiment Vehicle, or OREX, a flying- 
sauccr-shaped device that is essentially the nose cone of the 
shuttle. OREX will circle the earth once and then 
land in the Pacific, testing the tedmology lhat wD be used to 
protect ihc Hope from the beat of re-entry. It will become the 
first object to be retrieved by Japan after orbiting Earth. 

But while spending on the Hope is expected to begin in the 
See ROCKET, Page 6 


Michael Jackson 
Settles Lawsuit 

Reuters 

SANTA MONICA California — A 
lawyer Tor the 14-year-old boy who has 
accused Michael Jackson of sexually mo- 
lesting him said Tuesday that the pep 
superstar agreed to a settlement in return 
for his dropping the civil lawsuit. 

“Both parties have agreed that the law- 
suit Should be resolved," Larry Feldman, 
the boy's attorney, said. 

Attorneys for both sides said the terms 
of the settlement were confidential, but 
reports have said that the boy could be 
paid as little as SS million or as much as 
S40 million under tbe deal. 

Mr. Fridman and two attorneys for Mr. 

See JACKSON, Page 6 


1 

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Page 2 


INTERNATTOIVAL HERALD TRIBUNE, WEDNESDAY, JANUARY 26, 1994 


■ #* •, 


‘Suitable’ Amnesia Settles Over Morocco Rights Abuse world briefs 


By Roger Cohen 

New York Times Service 

RABAT, Morocco — Morocco is a country where 
human rights violations have been commonplace and 
where speaking against the king vs a risk few dare lo 
take. But after two decades in secret prisons in Moroc- 
co, Maria-Inan Oufkir feds that she has little to lose. 
. Her family’s name is me that people in Morocco 
will pronounce only in a whisper. For almost 20 years, 
the family has been imprisoned by King Hassan R 
said Miss Ouflrir, a slight 32-year-old woman, who 
recounted their story in recent interviews. 

Her nightmare began at the age of] 1 when she was 
whisked into a windowless vehicle and driven into 
Morocco's southern desert to a prison created espe- 
cially for the wife and six children of General Moham- 
med Ouflrir. Their crime? Being part of the wrong 
family. 

General Ouflrir, a former defease minister and long 
the long's closest associate, ordered the Strafi ng of the 
royal Boring by air force jets on Aug. 16, 1972. The 
king survived. By that evening. General Ouflrir was 
dead. By the official account, he committed suicide 
after accepting responsibility for the assassinat i on 
plot 

“But the bullets," said a Weston diplomat who has 
followed the case, “were in General Oufldr's back and 


the back of his head.” fit aB, Western officials estimate 
that at least 300 and perhaps as many as 700 political 
opponents ol the king have vanished. 

King Hasan's treatment of the Ouflrir family, and 
others seen as inimical to the government, now pose a 
delicate problem for the United States and ether 
Western countries. 

Toe kind's diplomatic importance has increased 
since the Isradi-Pakstiman agreement in September, 
and so has the pressure to overtook die inte rmi ttent 
violations of human rights that have characterized his 
33-year-old reign. 

Western diplomats say that the long contones to 
work quietly to coax Arab countries, particularly Sau- 
di Arabia, into closer ties with brad. Morocco, while 
refraining from diplomatic recognition of Israel, is 
extending business ties, opening phone lines, and 
starting flights between the two countries. 

Secretary of State Warren M. Christopher and 
Prime Minister Yitzhak Rabin of Israel have paid 
calls, and the king is expected to visit Washington this 
year. 

“The Ouflrir case is one where «*nn*w» rather suits 
the West," a European diplomat said. “There are 
diplomatic priorities, after all. Morocco is playing a 
key role in Middle East peace efforts.” 

Nonetheless, the United States does try to prod 


Morocco an Us human-rights practices. Questions are 
posed at the Interior Ministry; a report on abuses is 
prepared annually. In response, the king recently 
created a new post, deputy minister for human rights, 
albeit one widely viewed as having no budget, staff, or 
man/fate 

Tbe government will not comment formally an the 
Oufkir case. But a senior official dose to die king who 
insisted on anonymity said the affair was one in wfudi 
Hassan would not be swayed. 

GiflesPerrauh, a French journalist, has said that the 
Oufkrifainily has been porsued with “an inextinguish- 
able desire for vengeance that is beyond any logic.” 

The persecution began on Dec. 23, 1972, when, after 
a few mouths under bouse arrest in Rabat, they were 
takes to a series of prisons. At one, the family was bdd 
blindfolded for a year. 

“For 15 years," Miss Ouflrir said, “we never saw 
anyone except guards with machine guns.” 

In 1977, ibey were moved to a farm converted into a 
raison at BirJdid. abont 30 miles sooth of Casablanca. 
Conditions grew worse. 

Miss Oufkir and her three asters shared one tmy- 
windowiess cdL They were beaten and made to clean 
up their own excrement. There was little food and no 
exercise. Both Miss Oufkif’s mother, Fatima, and her 
brother. Raouf, attempted suicide. 


‘Three of us wooid sit in the nriddle of the cefl and 

the others walk, circles around them," Miss Oufkir 
said. “We walked kilometers that way. We were dose 
to starving, and hunger reduces yon to something 
lower than the ground. It is a vicious state in which no 
human relation is possible.” 

Finally, in April 1987, with her weight down to 60 
pounds, Miss Oufkir and three of her siding? eacaged l. 
through a tunnel they had painstakingly dug. Five 
days later, they were arrested in Tangier. But they 
were able, during their brief flight, to make c ontact 
with a Paris-based lawyer. Bound Dartevelle. 

T saw tt y 1 ** briefly in Tangier, in a pitiable state, 
but was then arrested myself and thrown oat of 
Morocco,” Mr. Dartevelle recalled. He said be and a 
cq flea goe began negotiations with the king, for the 
family to leave for Canada. 

By October 1987, the Canadian authorities had 
agreed to receive the Oufkirs, money had beat depos- 
ited in a Ctoadian bank, and a flight was prqaied fa- 
Oct 27. At fee las! turnup however, the king, whose - 
power is absolute, reneged without explanation. 

Instead, the Oufkirs were placed under house arrest 
in Marrakesh, where they uved in relative comfort, 
until 1991, when they were released. No official dtda- 
ration was made at the time of fheir release, just as-rio 
explanation was ever given for their captivity. 


Mideast Peace Talks Shun Public Eye 

WASHINGTON (AFP)-r ftacb talks between Israd audits Ai$b 
neighbors continued Tuesday, with negotiatoitf meeti^ tt scattloc* 
tinns in hopes that removing, them from the pnbfoayewoukl makftfor 


The 'Imprisoned’ Foreigners 

Fear of Algeria Extremists Makes Life Harsh 


By Caryle Murphy 

Washington Pan Service 

ALGIERS — An American 
working for a US. oil firm broke 
the lease on his home here last week 
and moved to a hotel, which he also 
made his “office." Thepurpose of 
the move was to stay alive. 

“They’re not going to come and 
storm the hotel, he said, referring 
to Islami c extremists who have or- 
dered all foreigners out of Algeria 
under threat of death and who 
claim to have kilted 26 of them 
since September. 

Being a foreigner in Algeria these 
days means accepting a austere life 
and a spy’s tradeexaft: varying 
work boms, altering routes, shun- 


Egypt Gets TYade Deal 
Tied to PLO Self-Rule 

Agatce France- Prene 

CAIRO — Egypt and the Pales- 
tine Liberation Organization 
signed an economic accord Tues- 
day granting special rights for 
Egyptian goods and companies af- 
ter Palestinian autonomy is pat 
into effect. 

The five-year accord was signed 
by Foreign Minister Amr Moussa 
and the head of the FLO'S political 
department, Farouk KaddoumL 
The pact calls for the two tides to 
study setting up a free-trade zone 
in the border town of Rafahon the 
Gaza Strip. 


ning strangers. “We live like in a 
big prison," complained one diplo- 
mat from a small European embas- 
sy. 

U.S. diplomats are permitted to 
dine out only at one major hotel, 
which is weD-guarded. Toe Ameri- 
can school has gone from 75 to 25 
students. 

Despite 03. Embassy urgings 
that Americans leave, abont 400 
remain, working largely in the oil 
and gas industry. No Americans 
have been killed. 

The 75,000-strong French com- 
munity tore, which includes 55,000 
with dual nationality, feds vulnera- 
ble. CM the 27 foreigners killed so 
far, four were French nationals. 

In an interview with the Arab 
magazine A1 Wasat, an Aimed Is- 
lamic Group spokesman in Pesha- 
war, Pakistan, claimed responsibil- 
ity for lolling the foreigners, calling 
th wri “part of the blasphemous co- 
lonialist plot," and "the regime's 
economic backbone” 

It is unclear if there are ties be- 
tween the Aimed Islamic Group 
and the Islamic Salvation Front, 
Algeria’s largest Islamic party, and 
there is no way to verify the Aimed 
Islamic Group’s claim* of responsi- 


bility for ibekfllings, for which the 
government blames “terrorists.'’ 


But some diplomats and foreign 
residents say some of those killed 
may have been victims of ordinary 
crime, which is on the rise. 

Prime Minister Rehda Maiefc 
said in an interview: “We don’t 


want panic among foreigners. We 
do our best. But there are things 
you can't foreshadow." 

Scores of Algerians also are be- 
ing killed each week in the current 
strife, officials note. 

The danger for foreigners here is 
much graver than in Egypt, where 
Mamie radicals are targeting tour- 
ists and have killed thrro, but have 
not ordered all fonagnos to leave 
or chosen specific victims. 

So far, none of the 21 interna- 
tional oil companies operating here 
has pulled out. according to a Eu- 
ropean manager, but some have 
run into difficulties getting subcon- 
tractors because “a lot of people 
won’t crane here now.” 

■ Conference on Crisis 

A national conference that 
opened Tuesday to steer Algeria 
out of its bloody political crisis was 
boycotted by five of the ax biggest 
parties. The Associated Press re- 
ported from Algiers. 

Despite the boycott, delegates 
were sent by labor unions, profes- 
sional groups and civic associa- 
tions, as well as dozens of minor 
political parties. The conference is 
intended to establish a tmnm'tinmif 
government that would guide Alge- 
ria toward elections. 

Algeria has been ruled for the 
past two years by a five-man High 
Committee of State, installed after 
the army canceled a second round 
of parliamen tary elections that the 
Islamic Salvation Front was win- 


Tto^lhsrcviom rounds of discussions were hdd at the Stetepqjart- 
meoL- mm negotiators sometimes issuing daily statefflOtis on what bad 
occurred. .This round of talks has been limited to ddega rio n. heads, 

ynmwimw anmmpawied by experts. ‘ ■ ■ m _ ■ . . , 

Ttrirf n^rtiatora met “fiicsfly with iqpresffltaiivcstfjOPML 
Tjfbanon and the Palestine Liberation Otgamzation. This wears tub 
aided the four-month break dial followed the SqHember signing of* 
peace aocrad between Israel and the PLO.. . ..* % . — - - t 

Germaa^ Bace 

MUNICH (Rentas) Germany’s top judges Roman Hexzofc thre* 
% hat mift tha rnig^ffiAiny an Tmadmrm thcpccgdentiri cainpma to 
succeed President Richar d von Wdzsaier. . 

In a letter to the Christian: Social Union, the Bavarian sister party, of 

OiaucefldrHehimtEi^sClEnstitoDeniocratoUinasLtiieineadtattf 
the Constitutional Conn, said to was prepared to nm. . . 

Both parties have already come out for Mr. Herzog, 59, and there was 
Ifttfc doubt tbritowooM accept 




GENEVA (AF) — ftesidept BfflQinlOB grad m t e roa tio n a l negoti*. 
tors Tuesday to make a pact banning all staaear test explosions a top 
priority. . " ’ * 

In a message read at the start of the annual Conference on Dtaanu*- 
mead,' Mr..Omlon said such a treaty would bolster efforts to coun ter the 
fo rmat rrf tb^i sprawl of tTurlpar wua p ons and WOOld ma ke the WOlid Safer. 

The 3&-countty disarmament conference will meet iniernatteahy 
through Septemba. Congress has set September 1996 as a targri fra a 
permanent erid to nuclear trials; /; •. •‘ ? - 




bcHaboir^nnwInic 

END OF AN ERA — Madeleine Reread, 93, arriving Tuesday at the Passy cemrtoy m Pais 
for the burial of her husband, the cdefcnted tome, actor and director Jeaa-Lotds Ban a ri L 

Sad Finale for Austria's f State Operetta 5 


Reutm 

VIENNA — President Thomas Kies til of Aus- 
tria ended his 37-year marriage and bowed to 
separation from his mistress on Tuesday in a bitter 
denouement to what Mayor Helmut Zflk of Vien- 
na dabbed a “state operetta.” 

After five days of pressure over a scandal that 
threatened his position as head of state, Mr. Kks- 
tfl. 61, announced that to had failed to rep air a 
broken relationship with his wife, Edith, and 
would now live permanently separated from her. 


tial a i d e , Margot Ldfflcr, 39, in the m«fin 
as Mr. idestiTs mistress, had asked far a Foreign 
Ministry assignment abroad. 

His spokesman said Mr. Klestil, a former diplo- 
mat, regretted Miss LOffler’s step and hoped she 
would stay on as long as needed to ^ her 
successor. 

Mr. KeetiTs wife left him earlier this month. The 
revelations about his affair took ins 20-mcnth-okl 
presidency to the brink of political destruction. 


France Blames U.S.for the Stalemate in Bosnia 


By Elaine Sdolino 

New York Times Service 

PARIS— The United States is content to let the 2 1-month 
warm Bosnia drag on and does not realize the consequences 
of its refusal to play an active diplomatic role in ending it. 
Foreign Minister Alain Jupp6 has asserted. 

Mr. Juppfc dashed with Secretary of State Warren M. 
Christopher on Monday over a French request that die 
Clinton administration pressure the Bosnian government to 
aooept a European peace plan dividing Bosma-Herzegovina 
along ethnic lines. He said that he had laid out a dire 
scenario for Mr. Christopher the withdrawal of United 
Nations peacekeepers and the spread of war to the entire 
region. The peacekeeping mandate runs out in the spring. 

“I told the secretary drat the humanitarian trade is not 
enough," Mr. Juppi said. “The only way we can reach a 
political settlement is to join efforts — the Europeans, the 
Americans and the Russians — and put pressure on all three 
rallies to sign an agreement, even if it is not exactly what the 
Europeans have proposed." 

“If the Americans do not convince the Bosnian Muslims 
that they most stop fighting and that there is no dunce that 
the United States would come to their rescue, then the 
United Stales will give them incentives to pursue the fitting 
on the ground,” he said. 

“It would be a catastrophe," Mr. Juppfi said “And we say 


to our American friends that they win be responsible for 
this.” 

But in Washington* President Bfll Clinton said: “I don’t 
think that the international community has the capacity to 
stop people within that nation from their civil war until they 
decide to do it.” 

Mr. JuppFs comments highlight a widening rift as the two 
countries, along with the other North Atlantic Treaty Orga- 
nization allies, grope fra ways to stop the war and relieve the 
suffering of the Bosnian people. 

“Warren Christopher told me today that there were six 
children killed in Sarajevo, and at the same time be told me 
everything was going well with the NATO initiative in New 
York," Mr. Jupp6 said. “He said, just wait and see. Wdl, a 
wait-and-see policy is no longer possible for moral and 
political reasons." 

For a time last year, it was the Americans who threatened 
air strikes to back up a plan to arm the Bosnian Muslims, 
who dominate the government, and it was the French, 
among others, who opposed them. But at the NATO summit 
meeting two weeks ago, the United States agreed only 
reluctantly to France’s call fra a renewed commitmem to air 
strikes to support the delivery of aid to Bosnia. 

Since then, the French position seems to have shifted 
again, from a military strategy that could involve air strikes 
against Bosnian Soto, to a diplomatic strategy that would 


pressure the three factions, in particular the Muslims, to 
accept the Europeans' latest peace plan. The Bosnian gov- 
ernment has rejected the plan. 

Mr. pin ton has conceded that the Bosnian Muslims 
“appear to be the most reluctant to sign a peace agreement at 
this time." In recent months they have made some gains on 
the battlefield and fed that continued nriBtary pressure will 
bear fruit al the negotiating table. 


unfairly punish the Muslim-led government 
The real issue to be resolved is to persuade the Serbs to 
make more territorial concessions, the official said. 

■ France Names New Co mm a n d er of UN Forces 
France has named General Bertrand de Lapresle, the 
commander of its Rapid Action Force, to take over as 
commander of UN peacekeeping forces in the loaner Yugo- 
slavia, Defense Minister Francois Leotard said Tuesday. 

Mr. Leotard said General de Lapresle, 56, a Foreign 
Legion veteran who studied politics and economics, would 
replace General Jean Cot at the end of March. 

General Cot, who was named commander in July for a 
one-year term, is being removed after dashing with the UN 
secreUry-gencraL Butros Butros Ghaii, who refused to give 
him the authority to tall air strikes against Serbian gunners 
besieging Sarajevo. 


Moscow Urges 
New Initiative 
la the Balkans 


- MOSCOW —Russia called 
Tuesday for an urgent meeting 
of UN Security Council for- 
eign ministers over the Bosni- 
an crisis, in an initiative to 
force the warring sides to 
agree on the territorial divi- 
sion of their country. 

The initiative, presented by 
Moscow’s special envoy to the 
framer Yugoslavia, VitaE L 
Chorkin, was also clearly 
aimed at creating an alterna- 
tive ro an strikes against Bos- 
nian Serbian positions. 

But Mr. Churkin said Aral 
Russia did not exclude the use 
erf fence in Bosma-Hszegovi- 
na if United Nations forces 
■were threatened or attacked 
there. 


WASHINGTON (A P) — With a key meeting of the International 
Atomic Energy Agency approachi n g tost mon th,, tnaeis ngmragontfpr 
North Korea to make good anils promise .to atownndevinspectioa^ a 
senior adminis tration, official said Tuesday: . ’ r g 

. The United States is virtual^ certamtosedtUnifed Nations sanctions 
if the impasse in North Korea’s negotiations with the agency is not 
broken very soon, he said; A day earner, he ated the upcoming Feb- .22 
meeting crftheagemy’sbdarftrfgovdnciaa^ critical. _ 

India Offers Peace Steps to Pakistan . 

NEW DELHI (Reotasj — bidra haa offered attriesefoonfideo^ 
bmkfipg measures, inefadraga pfedrothatiz wzIZzkk be the Gist to make a 
nuclear strike, to ease tensions wim Pakistan, offiria B add Tagdfa'r 

ct^rIcz Kbakhar, ^^^M>dhi^^Mtoday r sbarriy^before Prime 

t fiwittef lUiil f j rWmW^ nf PiKdaii lifl fly gil l wMM r l tiiJwniiw gwAm it 

Diplomats said the Indian proposals* apart-from the midear offer, 
woe sot new and were unHkriy to improve idattans. “Bhutto’s speech 
was dearly armed at buflifing up R»Aniw^ ^‘ OT ! twiwfnaiiq iM»l issue 

mAimtn/ t that A# haA yfy int n nS nn .towards a deal With films 

Reb^^^eara bvitrtai^^T^. 1 " * 

MEXICO GETY (AFP) — The rebd group that carried oat a New 
Year's uprisna in' die southern state ot Chiapas pledged Tbesday to 
respect Mericxrs electoral process, ontimed ah agehdafrapeace talks apd 
said it was fredng a kidnapped former governor. 

The Zapatista National Liberation Army mate the . statements, jin 
response to cenffitkoaset by tiiegovenzmenfs negotiator. '. « ■-* ' 

A short time later, it whs announced thaLPresiaentCariiOS Salmas de 
Gortari had (teparted far TnxtteGutterrezi die Chiapas stafec&pit&L io 
meet with kjalpcastot Ihdmh organizations. : ' , ■ 


TMmTOATE 


AMSTERDAM (AP^— A stadeat gwiy .rkT ana c jBng a fleet of 
pe<ficabstosee how they a^ wijfethisc^s narrow and crowded street*. 

Bicycles are already tbe vehicle of choice in tins nation, and the 
st ud ents from the H amifl pBai m ^ Si3<0QfThito4>e>itel-poiwrad taxis 
will add mobility here. . ’ - i ... v . ‘ ■ ■' 

The five pedmBto -^ trtej^tes with twb^ semsiidimd the driver— wiH 
irfy the streets in anmetfay trial next mratffi/The 16 Undent cabbies wffl 
charge an initial throe ^uflda- (H50) pydtobfiie aim 30 Dnfch cents (t6 
VS. cents) for every lOO'yarib. ThaTistoobt half what DOnnal taxis 
charge. \'7' '** V r 

The S q p mmc Corti^Mtdin ahliiL ■ fart i j ettaA on airport 
landing fees. in a rnfingtiiatcoakl strengthen thehand of airports seekirig 
to exact moire reyemie fiorn Commercial aizfine operations. ' (NYT) 

Hoteb are! re stwaaa te on Snafa^ Brieadc Titoih of hfinoica,M^cr- 
ca, Ibiza and Formenteraareioping tor a goodjyear m I9W. Numbers 
hwe been recovcrictgfdr rt» last two years, and m 1994 coiild equal the 
1989 record cf "7J5 mStirai, a tourian official said. - (Reuters) 

The 44-story kaxw^r Hotel des Aits m Baredon, designed as a prestige 
project for tbcVMQfynqnc Games bat not finished in time, has finally 
opaied for business,.l8 mrarths late. . (Reuters) 

Ahoat (ieek casfao workers threatened to strike if the govern- 

ment goes ahead with a plan to privatize three stare-nm casinos and sell 
licenses to operate six new ones. (Reuters) 


suspend its r 
re stme to ri ng 


‘Unyaraished Truth’ Makes Clinton’s Envoy to Bonn ‘Right Man at the Right Time 


By Craig R. Whitney 

New York Timer Service 

BONN — When President Bill 
Clinton nominated Richard C. 
Holbrooke to be ambassador to 
Germany last summer on the same 
day he named former Vice Preri- 


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dent Walter F. Mondale as ambas- 
sador to Japan, some German offi- 
cials who knew that Mr. Holbrooke 
was an Asia expert wondered 
whether they had won second prize. 

They wonder no longer. Mr. 
Hoftrooke, 52. has been an instant 
success in this crucial post. 

“I have nevCT seen such an excel- 
lent relationship with an ambassa- 
dor develop in such a short time as 
with Richard Holbrooke,” said Jo- 
achim Binahcb, foreign policy ad- 
viser to Chancellor Hdnrtn Kohl, 
who will be in Washington this 
weekend. Mr. Holbrooke win be in 
Washington this week to help pre- 
pare for the viaL 

What Mr. Bitteriidi and other 
Germans say they tike best is the 
new ambassadors informal and 


frank style; “We can talk openly 
with each other about the way we 
see things —we don't have to play 
dmkmiatic games with him," Mr. 
Bitteriich saRL 

“Tell me what’s wrong with the 
relationship,” the new ambassador 
would tell him and other German 
official* at dinner parties, not even 
pretending to tnalce small talk 
“Tell me what you'd like to see 
fixed.” 

On a table in the parlor ol the lag 
official American readeace on the 
Rhine is a picture of Mr. Hol- 
brooke’s grandfather, a Jewish 
businessman in Hamburg, wearing 
a Prussian miked helmet and the 
Iron Cross he won as a German 
soldier in Wotid War L “I show it 
to Goman visitors as a symbol of 


what they lost,” the ambassador 
said. 

Mr. Holbrooke was a Foreign 
Service Officer until 1972, in Viet- 
nam, Was hin gton, Pais, and Mo- 
rocco. He was assistant secretary of 
state fra east Asian and Pacific af- 
fairs from 1977 to 1981; before he 
came to Germany be was a manag- 
ing director of the Lehman Broth- 
ers investment bank in New York. 

Boon, a small univ e r s i ty town 
that will cease to be the seat of 
government a the end of the centu- 
ry, is a place with few of the distrac- 
ttons aid none of the glamour of 
Pans or London. Fra a divorced 
man like Mr, Holbrooke, there was 
not a lot else to do after he got here 
Iasi September but talk p ol itic s . 


cultivate contacts, and help shape 
American policy. 

Getting dose to movers and 
shakers is something Mr. Hol- 
brooke does very well, and his bare- 
ly r udimen tary German was no 
handicap. He brought in an dd 
friend and mentor, Fritz Stem, a 
professor of history at Cdumhia 
University, as an adviser to top 
him through Ins first few months, 
and was soon entertaining Mr. 
Kohl at borne. Professor Stan re- 
turned to Colombia on Jan. 15 but 
is continuing as a consultant to the 
embassy. 

After bis frank talks with Ger- 
man officials, one thing Mr. Hol- 
brooke thought needed to be fixed 
ms the bnprsssioa some Germans 


and other Europeans had that the 
Clinton administration did not 
think relations^ with Europe ^ were as 
im po rta nt as they were in the Cold 
War. “Europe has lost none — re- 
peat none —of its importance to 
the United States,” be said in a 
speech in Potsdam soon after pre- 
senting his credentials in October. 

Mr. GKntQn maderiiat efen flmn. 

sdf daring his trip to Europe tins 
month. But be mil not make his 
first official visit to Geasany anti! 
July. Mr. Holbrooke pranted oat to 
Old friends jjj Washington that an 
earlier idea of having the president 
crane brae in June, right after at- 
tending the 50th anniveraaiy of the 
Allied landings in Normandy, 
would not be such a good idea. 

Since Worid War EL the bedrock 


of the UJS. relationship with Ger- 
many has been security, with more 
than 250JOOO American troops here 
at the end of the Cold War. Now, 
Mt Holbrooke believes, 2ns task is 
to make sore that the idationdrip 
remains strong an anew basis of 
commercial and caftnnd ties ' 

“The over ar c hin g goal," he said 
in an interview one recent weekend, 
Is to use 1994 to create the foun- 
dations for a bflaieral relationship 
which is do longer so dependent on .. 
the American militar y presence,” 
To do that, Mr. Hofbrookeper- 
snadedttoU.S. Information Agea- 
cy and the Commerce Department' 
to open a buriness information cen- 
ter in Frankfort on Jan. 18 . 


far-flnng bureaucracies to cooper- 
ate more ciosefy. Nor, Mr. Hd- 
brookc concedes, are Gcrman- 


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fricrionsL The United States ... 


ate d his insistence on forcing the 


mains ir ri tated by the exte ns ive 
trade and political ties between 
Germany and. Iran. 

“In Aria, we have^ common ha- 
man-rights arid political views, bin 
we are destined to be pofitical and 
ecratoonc rivals,” be said. “We ac- 
cept tins.” 

It also seems dear that tins dd 
Asia , hand has - no regret* about 
having taken oh a new challenge in 
&nx^“Genna^isffie]reyday- 
erin moving die Odd War aflmope 
mio a new post-Cdd War phase,” 
he Sajd,~“ano CKirti^«wWT RnH are 
at the heart of iL” 


^ • 





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With MCI CALL USA and MCI WORLD REACff services, 
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. ban'-Mr-Penyt^Mf 14 .?? SSSSSeoA^P"**- «* Hllta» ! _ . n,Jirf «*«*» to.-* 4 "feSSE 


l, H 


By Eric Schmitt serv 

L' New York Times SavUx - ^ 

WASHINGTON — Incfaooang • 
William J. Perry as his nominee for 4F* 

defense secretary, Tresdent Bfll ^ 
Clinton has aimed to a highly 
skilled manager whose broad expo- aDC 
rieoce in gtfvenunent, academia - 
and high-technology companies . |jgj 
has earned praise in Congress and H 
in the Pentagon “ even 'from ent- |B 
ics of the administration's foreign _.M 

policy. ' 9 

• ’ As foe department's No. 2 offi- -Ig 

pial, Mr. PerTy has been responsible W 

56t overhauling foe SIQQ bulion an- M 
miaJ weapons budget, supervising Sj 
the day-to-day business of the Pen- m 
iagon and greeting foreign digm- K 
lanes, among other things - *\| 

“BQl Perry is very wdl qualified I 
lg be Mr. 1 aside, running the bufl<^ | 
Tng and knowing how ii wonts, * 
-swirl Brent Scowcroft, President | 
-George Bush’s natkfflffld secnnQ I 
adviser and a longtime- friend of f 

l M BuUfM^- Perry, 66, to tte ideal ] 
.mside man, skeptics on Capitol - 
,ijm question whether he has the ■ 
apolitical skills or the reputation to ; 

represent tire United States over- ■■ 

“There’s no question that KD 
Perry is a great No. 2 nan. but 
.we’re all going to be measuring him 

' to see if Ik has the stature neftssary 

■for a defense secretary.'’ sad Som-. 
hor Daniel R. Coats, fepnbhran of 
‘Indiana and a member of the 
: Armed Services Committee . . 

K: Untike Bobby;. Ray Innt^a, 
S»hose prickly independence and 
professed reluctance to serae kept 

growing from the tune J* was 
: nominated until he withdrew tost 

week, Mr. Perry made it dm foal 
even though he was, at best, Mf* 

^ "-Clinton's fourth choree 

l “LesAspu^hewaswilhiigtotakeon 

be a real-privilege to 


serve ‘as your secretary of defense,” 


disciplined bureaucrat who rard> 
shovsa temper but leaves nodoubt 
about wfaatbe wants and when he 


warns it — a quality Pentagon offi- 
cials said they sometimes found 
Wiring in Mr, Aspin- . . 

While Mr. Aspin haiufled the 
Pentagon’s most pohucaliv 
charged issues —from Bosma ami 
fe-imalia to homosexuals in the mil- 


itar« — Mr. Peny toiled behind the 
scene on issues that tardy pro- 
duced headlines: reforming uie 
military's purchasing system and 
preserving certain industries cru- 
cial to the nation's defense 
At the top of Mr. Peny s list are 


the miUiaiy's unique 
Gcauons and coniracuns pracuces. 
wtoch inflate the cost of weapons 
Und spare parts that the nuhiary 

b °Mr. Perrv aims to shift away 
from these customized products to- 
















w 


ymm J. Peny, No. 2 «t the Peategon, 


Agpcr Franc- 

become No. 1, succeeding Les Aspin. 


ward cheaper, off-the-shelf ‘com- j .. 
mercial versions. i J 

The changes could save billions ■ 

of dollars in administrative costs. , 

as would eliminating expensive rea- * c 

lures no lonseT needed. ! r 

Despite strong >' h « £ House , 

su^rt for there changes. MrPw- , , 

rv has sre^-n fmstreiec 1 

iiuon to reform from vndusuyex 
-cuuves suardmg their ^niracis j 

ana from some ^larv' ofncers 

who fear that change could impair 
combat readiness. ; 

■•Tnis vear.” Mr. Perry said. 
cave what 1 would call a wmdow of 
onportuniiy w make a nujor re- 
fonn io the del ease acquismon^s- 
;em re' that we can buy modern 
equipment for our military forces j 
a; affordable prices. j 

\t the same time, he is aiming to 
i protect a few select military mdus- 
| bies with no commercial counter- 
pans: nuclear submarines, haute 
; ; ,nVs and fishier jets. 

Mr. Perry has stepped up to bu- 
reaucratic challenges before. I 

As the Pentagon’s director of re- : 
search and engineering during the j 
Carter administration, he over- | 
cams resistance in the Pentagon i 
and in Confess to develop tn« a- 
se--®uided oombs. cruise nussties 
and* F-l 17 Stealth fighters that 
spearheaded the allied air cam- 
paign against Iraq. 

But lie was also the godfather of 
the B-” 1 Stealth bomber, which has 
fc-cme the most expensive aircraft 
in aviation history. 

Tee B-2 was supposed to cost 
less Lhan S200 million per plane 
when the program began in the late 

1970s. , . 

Tne Pentagon cow plans to buy 
• io of the radar-evading aircraft, at 
Ibc-ut S2.2 billion a plane. 

The air force is only now adding 
^ ihe First of these planes to us arse- 
a. cal 


Shake Los Angeles 


New York TtoeStn'Ice 

Z: ins ANGELES — Forget edebriw. scand^s. 

LThe ? c *5 n, 


Lite. dm rr-^1^ n. mentoffidals. 

Una sdentifii 

f^-ss^sassssss# agssa 

issassB^gaa-; »*— 

ed folks to wonder 1 - Kate Hutton 

strong quake and governor's Caltech had ret 

- ‘ In re^xmse, ^ ^ seeing anagh^ 

offices have asked seismologists wneucr thcfamilymto 

basis for such speculation. 

?■] Away FyoP 1 Politics 

v r KM-Anse ihev believe it causes vwiew* ««rf*ntbdieve movie 


a ICwCU.1 uvwo — 

ment officials. 

Una scientific view notwithstandiia pewje i who 

J^logists at the d 

noJogy in Paredena press the experts for their leelmgs 

off-tStMrecord. 

£. 1 . Hutton, a 

S?^^vTand drive off, ptusumbty forev- 


H . The ollm wimcd to know if thev should to 

leave town, too. v bc j fielded calls 

offered pmneu rn; oto ”j te Qn c ihe, 

B 

3?oSrSwKTa^tTbone 


quake, he sent a new srdeare a ^ percent 

office in San Fraaosco^yMB f magnitude 

Sb 

'SpgSte&& 

will alert a subscnbCT people who do not 

>* n0dned 

after the paying subsenbers. 


■Cl ear and Present’ Plutonlu mP 1 ^gL- S -^ n 

Washington a panel World’s supply 

wiSSrenn from itouands of 

Sp^faSi'S* pnnureu., re 
R r 0 to .10 or P— e ^ d 

Sou J ? Plreoreure «odd- 
wide to build more tern 42.000 and durability 

Because of the extraordmaiv raiM«M^ Nalion al Re- 

i is ssa iOThiSv “ mraiBio “ d by 

i ‘‘-SSSKSgd 

He said this prediction a^t^ ^ sieps 

that the United btaies and ^^^’STunder lock and key. 

i censure mai the plutomum ren^ sgegjun ^ accord requ jnng 

One raconunended I A. £ and allow bilateral 

that each nauon dedare _iu» sto «P rations and independent 
I or internauonal monitoring of storag ipe Washington per- 

S Uten Attorney In Une jorChHMHg^ 

WASHINGTON - AUorn^Get,^ J J ^ R ^S's d*B 
ri^“irio^aaor|ng^ rirm dial was 

which has been vac ant for more than a y ear. — 

: u.w York Drops Amrmatlv^A^IonJSe»»yr5 

l — . . . — ■ : U-r /(icrlrwd that thfi 


I NOW TOm w rw 

i NEW YORK - > W°^2t U ^an* ^nStiJe^oj 
I dty ritv^Swtion that directs a fi.th of 

sssf^f ffitSKS- 1» p-” 1 ^ low “‘ 

1 bid. , . , e niH he would maintain, at least 

Ai the same time the JJSecity agencies to steer as much as 

for now. the practice of compa- 

20 percent of their contracts to minority and temm fJtf ^ 

niK — 


Quote/Unquote of defense^ 

William J. Perry- the n0 ^^°^^^I^tber countries, 
would observe dial « diem. And 1 believe the 

including Russia, but _ .-; g l a ot just the Russians, but 

S^diKSSh ^SSsre,et Union »Up «*>■ % 
economy.” — 


f£ rSce wTfr^ San Jc«, is one — 

Suffer as Rain Soaks Tent Gties 

nr re. — hishu’IVI an 


Violence ieaoa jw 

legal nstxitrionson.victeit scenes. 


*«ied that nenao^uyu™ b^ been ffled against 

. - PN?*," 1 ™* “ nhm ' 


Compiled by Ow Staff Frm Dapatthe 

LOS ANGELES - JEftbjJjte 

by rain that added a new layer of 
MuWes to their shattered lives. 

^pu, a half inch (five ccnume- 

rain fell, leavmg 
w-bere many victims are boused vret 
and soggy and the streets of Los 


’-Rtndeat and wounding iour v~v~- . 

I ' BSSiS - PpS^^onnU*— 


■^TOouucl uxpre^l 
concerns aboM an increase mralds 
and respixatray ailments among 
children lefi homeles since the 
earthquake strudt on Jan. i /. 

Many families have beenhvmg 
in six tem cities reeled by 

each 

leaks vrere causing protons. 
Stcaxs ran out of plastic sheeting 


as residents covered holes in homtt 1 

caused by the tremor. Protective j 
“S could be seen cavern* , 
wrecked chimneys and walls i 
throughout the rav^ed ftr ^‘ 

The earthquake destroyed more 
than 11,000 housing units, leaving 
25,000 people homeless. Buibmld- 
ing and safety inspectors ifdlbad 
Mt completed thmr « anu ““°^ 
leavingme possibiluy more homes 

■WSKSSSSa*" 

m ™& S c^kffledS7«o- 

ova S30 billion, mailing the.quate 
! the costliest natural disaster m u* 

\ ^^ater and electridty have been 
i restored to most residents bui rf- 

1 ^^SswerestfflrollmgthKWgh 

the area, keeping na^wcm 
y James Lee Wiu, director of the 


Federal Emer^ccv- Management 
Agency, promised that tnca_s-nd- 
offi Ch«ks would be sent out 


of relief checks would be i sent out 
every day. Some 1.100 aid c b®=ks 
and 2,500 housing vouchers have 
been distributed so fw. 

To date, about 40,000 pwplc 
have applied for some form ot tt- 

na Sw^ngton, '.he Vrtiite House 

budget director, Leon E - 1 

f °The biggest chunk of the fun^. 
53.89 bilhon, would go to tn- red 
eral Emergency Manage^ .4^- 
nrininration to help people leit 

i ^P^rain in Los Angeles funber 
snarled already w&b™a^con^- 

■ dons on the area s damaged road 


wavs. Traffic on highways and lo- 
cal street- has come to a halt dunng 
commuter hours. 

Many commuters opted to stay 
home last week to wait out the 
traffic jams or repair thefftomra. 
But by Monday, they undertook 
irins that lasted hours. 

The citv’s buckled freeways are 
expected to take up to a year to 

re *Many children relumed to ctoss- 
es Tuesday with assurances from 
Sthoritics y that only safe stoo 
buildings would be opened. , Atowt 
76 of the approxiraatelj 8UU 
schools in Los 

aged, affecting about 10 percent of 
ihe district's pupDs. . . . 

People who lost their jobs when I 

smiSbusmesses closed because of 

earthquake damages have flock^ 

to relief centers to apply for uncm- 

. ploymenu (tatters, AP) 




Seats of Power 


Fai 


’tBackAway 


on Jews 


By Steveo A. Holmes 

3 SW York nm Santa. • 

I w resjn* Hm lo.du- 

r.late Monday. 


executive director of the National 
Association for the 
of Colored Ttople. aod^ TCffiam H. 
Gray 3 d, wSdmt of the United 
''Mm oSego ,FW>d. : liave con- 
demned comments made two 
months ago byRhabdAb<M Mu- 
hammad, an aide to Mn Fanak- 
■ iiUMnCdlestiD 


Last- rriaay, . xv®|"«»*»““ 
Kweisi Mfume, the. Maryland 
jteaocni v*o heads the Congres- 
aonal ®a i± .Cancas, wrote Mr. 


Fairakhan to ask if M *Sl 
mad’s remarks reflected the official 
position of the black Muslims. 

was extremely apniangfor 
me to even read what I read, Mr. 
~Mfrmie said of excerpts of Mr. Mu 
. hamnuuTs remarks. , . 

Taken with comments made m 
an interview on Sunday by the 
Mvmri Jesse L. Jackson, the enti- 
dsm represents a forcefid dmmia- 
: ation of anti-Senntic statements by 

■iitsia*- ^ 


sharp tone of *e denunaano^ 
Stopartfr^thewtrag^g- 
ness of Mr. Muhammad s remits. 
But some say they also non ifrom a 
need to distance themselves from 
the Nation of lslam. 

The criticism from Mr. Mfume is 
particularly significant b^^ c _ 
nas b g?° trying to condude a part 
S^t^ibe^Cauc^ 
andie Nanoo of 
advocates economic power mo 
sdf -discipline for blades. 


TOPS- 

' 

Automakers Tesi: 

n^^nant’ Dummy 

***&*-“ industry is 
The “^d^somethmg new 

about l ®. *® Ac test track, Th& 

bj^^Ttoes reports; a.. 

New Vo k mu. 

pregnant ^“^General 

This d^ y ^ a 7uboratory 

Motors crasb-g' wears a 


concern over the mistreatmoit of 
animals. ’ . 1 

; Amot* ihe researdi questwiK . ! 

is whether a fetus is better .off ® 
tbe^ mother to wearing a seal bell, 
or whelhfir an air bag harts -or 

hdps. ■ 

- - Theanreot advioea toat preg- 
nant women, fibs everyone else, 

stould wear topbeltolow^tiK 

hip bones, but thrshoiilder.bclt 
shdtdd- come down over the ster- 
num but then.be placed wwmd 
. — nbt.aa^-^.ita.bulge m the 


filled wilhatm^j ^ ^ den-. - 

ers have done ^ 3auJ mo- 
rtteardt on tn T^^ een ant wom- 

enand tbor 

s®' cres fSr^«.,^ 

196 OS usmg. canT.be 

■ boons, 

^^rf6^p ubbc 


• The pregnant dummy wni nap 
pv^rchera .fletmnm& if the fetus 
would be safer if. peihaps, lhe 
bdtt. bad ari wide wabmg to 
spread the. force; applied dunng 
an actadeoL;. ■ 

The p^n ant-dumny^ ti^s 

auiranakos should provide a cm- 
ofi switch that apregnmit woman 
crafld use to prevent the arf b^ 
from deploying, either 0 O-- the 
driver’s adeor the passeqgsrs- 

ShbrlTa^fife 

A -new drag tfwn to jewfaora 

inEBBtoiippHffstopieveidMiBtt- 

irfxe ' -J msSccj a cxsnditiOn so 


common that H visibly aftejs I J 

1 hroeouttrffombabiesJn^ere w 

an newborns. « can cause urau. B 
and nerve damage. 1 

The drug tin-mesoporphyrm, 
or SnMP, was deydoped ^y t 
Rockefdler University ^m New t 

York.ltbToekstheproducd° n of - 

U.e ycUow 

tao bBe tot buDds up in ™ j 

blood faster than the mfani s u 
gj can process it. , . 

-The: drag, gw® ® 

haswJfft 

ssssSk:' 

delight over several days. 

; INSIST 

Of '»»* aucr,lic j3!fSS 1 to 


fiwnlue is old or new, anyone 
wbojHuks within 15 f«t I 4 - 5 
tere) of any hydrant, new or old. 
gets a tickeL 

Quake Aftermath: Once a syjn- 

bolTHoBywood clesm“. to 
ttrawn Derby restaurant on Yme 
Street was badly damaged u> dm 
K Jan. 17 earthquake, with iis 
«£f collapsing and waUsaum- 

Xg. City tapecion wteed un- 

meffiaie demolition - over 

c trong protests from preseva I 

dc P ut ? 

Of the National CentarfME^nb 
ouake Enpneering R«earch m 
Slew York, who was in Los Ange- 
buckled freeways, is 

name d lan Buckle. 


store in Gieenwoou, 

Hna, had just put up » 

tickle when a wwj« 
up one of Ihe.newrai 
Sn^Mdplasacl^ 
^ “Dotim fish really go for 

be asked 

“Idunna" was ihc reply, we 
don’t sell ’em to the fish j 


Arthur Higbee 


In a Nov. 29 speech Full of into- 
live and coarse language. Mr. Mur ra 
hammad lashed out at Jews, calhng m 
Stoe “blood sucker ol cU 
hlack nation” who crucified Jesus 
in a kangaroo court” and who con- 
trol the U.S. financial system, in- P« 

cludmg the Federal Raerve. j — 

[Mr. Farrakhan defended Mr. 
Muhammad's ronarks abort .l** 
Reuters reported from New Ycrt l 
[In a speech Monday night for , 
“black men only” m Hariem. i | 
Farrakhan accused jews of plotting j 
SSrite. -We know .fiat the 
Jewsare the most organized, ru* 
^powerful 

America, but the world, he said, 
adding' “They’re plotting against | 
us even as we speak. Bui, ™ no1 1 
trembling. Tm not afraid- ] | 

“Ami-Semitism is a hideous . 

1 f onn 0 r radjal hatred and bigotry. ! 
Mr. Chavis said in an address given . 

at the National Museum of Natural 

History in Washington. U b '■ uu ' 
lem smnd of racism ihai must not , 

r issa?&» - “bja i 

man being wmtidstoop so >to*w 
make such \iolenco-prone -m-Se 
mitic comments." 

; 1 peatw WgnCT — m 

dalamal 

Ybakn H^sainal Smnnam 

t DiedTbursdav, 

: 20 tit.lamuir>. 199-L 

2 neacefulh- in London born SUt 

f tWS io^. Hyderabad. Sine. 

1 comp Jny director, 

it father 

i ,-,1 1 iul and Lui. 

te ^SSSS^f^ i 3 , t- 

- The J&82 

je ‘ 62, Qoeensdak 


Mr. Gray, a former 
congressman, said of Mr. Muham- 
mad’s comments: “ Wc 
dear that at no time can we tolerate 
racism and anti-Semitism, nor can 
it be justified as a response to re- 
pression-" 


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WEDNESDAY, JANUARY 26, 1994 

©PI N I O M 


Hcralb 


INTERNATIONAL 



PUBLISHED HITK THE NEW YORK TIMES USD THE WASHINGTON POST 


A Nuclear Test Ban 


ribune For a Big Post-Cold War Conference 


A half-century after the atomic age began, 
concerned countries have gathered in Geneva 
to outlaw underground nuclear tests, the only 
ones now permitted. This project continues an 
effort practically as old as the atomic era itself 
to contain the dangers of nuclear arms. 

With the Cold War over, new hope is evi- 
dent If underground tests can be banned, 
would-be nuclear countries will be significantly 
hampered in taking their bomb programs from 
rude design to deliverable weaponry. And nu- 
clear countries — Russia, China, Britain, 
France and the United States remain the core 
five — will be significantly helped in their 
attempts to discourage proliferation by others. 

Here lies the sensitive hingp of global prolif- 
eration policy. A Comprehensive Test Ban 
Treaty comes into view just as the Nuclear 
Nonproliferation Treaty arrives at the end of 
its allotted 25 years acid comes up for exten- 
sion; the extension conference opens next year. 

A test ban involves only one figure in the 
nudear equation. The nonproliferation treaty 
is the equation. It commits tbe broad sweep of 
nonnuclear signers to forgo a bomb in return 
for security and other guarantees, and it com- 
mits the five explicitly nuclear signers to fur- 
nish those guarantees and, in addition, to cut 


the ir own nudear preparations and arsenals. 
Pr omp t crmduoon of a comprefaenave test ban 
can only put nuclear and nonnuclear countries 
alike in a better position to malm good on the 
bargain of the nonproliferation treaty. 

By the test treaty. Americans cm be assured 
that tire testing route to proliferation is dosed. 
By the nonproliferation accord, Washington 
gains the political and legal resources to act 
against the whole bomb programs of would-be 
nuclear states. Rogue states such as Iraq and 
North Korea may still press their nuclear ambi- 
tions, but without tbe nonproliferation treaty it 
would be greatly more difficult than it is al- 
ready to rein those states in. 

The dim on administration supports an ear- 
ly test baa and indefinite extension of the 
nonproliferation treaty. The first took some 
sharp interna] negotiating and now requires 
careful consultation to bring along test-ban 
laggards China and France. The second re- 
quires dealing with nonnuclear countries wary 
of tbe nudear five as well as of would-be 
proliferators. Tbe tactical chokes are, as al- 
ways, open to some argument The administra- 
tion will finally be judged by what it delivers in 
this cmdal area of foreign policy. 

— THE WASHINGTON POST. 


Help Hosokawa to Prevail 


It was high-order treachery when 17 old- 
line Socialists sabotaged Prime Minister Mor- 
ihiro Hosokawa's door-die political reform 
bin. But those who staged the ambush could 
yet turn out to be among its victims. The 
Japanese public is tired of corrupt money 
politics and is deeply angry at politicians who 
stand in the way of reform. 

The din Ion administration has not helped 
Mr. Hosokawa as he tries desperately to pass 
some version of reform. On Sunday, at the 
height of the crisis. Treasury Secretary Lloyd 
Bentsen suddenly showed up in Tokyo to press 
Washington's dubious demands for import 
quotas and imm ediate economic stimulus. 

Tbe legislation that lost an upper-house vote 
last Friday goes to the heart erf Japan's politi- 
cal system and its UB. relations. By giving 
more weight to urban consumers than to pro- 
ducer-oriental special interests, this electoral 
reform a>uld open the way to a more demo- 
cratic, less import-resistant Japan. It could 
also strengthen a new generation of zaoreout- 
ward-loolong, less bureaucracy-bound potiti- 
dans, like Mr. Hosokawa himself. 

The coalition still has a chance to win over 


enough votes to pass a reform bOl this month. It 
wiB not be easy, and by uigbg Mr. Hosokawa 
to press ahead at once on divisive tax issues and 
f ulfill arbitrary import quotas, Mr. Bentsen 
makes life much more difficult for him. 

Right now, Mr. Hosokawa needs to focus 
all his political capital on keeping reform 
alive. That is tbe surest way co complete the 
destruction of the old. obstructive party sys- 
tem. The Socialists are already breaking up 
over ancient ideological quarrels. The Liberal 
Democrats, tarred with corruption, are not in 
much better shape. If he wins this battle, be 
could hasten the passage toward cleaner, 
more competitive politics. 

The Japanese people have finally rebelled 
against a system that offends their ethical 
sensibilities and fails to serve their most basic 
needs. Their hopes for something better are 
embodied in tbe Hosokawa government, as 
are America's hopes for a more open Japan. 
The Clinton adminis tration should now be 
doing all it can to help a reformist government 
survive in Tokyo, not burdening it with de- 
mands that it cannot realistically meet. 

— THE NEW YORK TIMES. 


Britain, Too, Needs Change 


Yet again. John Major lives to fight another 
day. A stalwart performance last week before 
the judge inquiring into Britain’s anns-to-Iraq 
scandal, and some bouncy talk about cutting 
bureaucracy, may have rescued him from his 
latest crisis! this one over ministerial sex and 
local-government skulduggery. 

He may promptly fall into another pothole: 
Yet the real question about British politics 
today is not whether Prime Minister Major 
will lead his Tory party into Britain’s next 
elections; be quite possibly will, and he might 
even win them. It is why so many Britons seem 
so sour about almost everybody and every- 
thing in their public life. 

To be sure, Mr. Mqjor has not been an 
impressive prime minister. He waited for 
events to eject Britain from tbe damaging, and 
doomed. European exchange-rate mechanism. 
His government, more than any other, is re- 
sponsible for the dithering minimalism that led 
Europe into disaster in former Yugoslavia. He 
has repeatedly told government colleagues who 
get into trouble that be will stand by them, only 
to back away later. His merits — his steadiness 
in the Gulf War, his desire to get government 
bade in touch with people, his patent posonal 
decency — loom small by comparison. 

The curious thing is that nobody is betting 
very much on the Tories losing the next dec- 
dons, even under Mr. Major. The British eco- 
nomy, free of the exchange-rate mechanism, 
grew by 2 percent last year, a little more than 
most of tbe rest of Europe. More important, the 
opposition Labor Party, although well ahead in 
current opinion polls, is stiH widely mistrusted. 

Labor has not yet cut itself fully free from its 
unpopular links with the trade onions. People 
still think of it as the big-spending, high-tax 
party. The Tories are currently under attack for 
putting taxes up, but the voters suspect that 
Labor would put them up even more. These 
things could yet lose Labor the elections. 

Tbe politics of mid-1990s Britain are cov- 
ered by a paQ of general suspicion and disQIu- 


sioament Why? Because the British, to their 
surprise, have been hit as bard as anybody by 
the great phenomenon of the post-Cold War 
era. The end of communism has brought specif- 
ic problems for specific countries. Germany 
has its unification blues. Italy's whole post- 
1945 party system has collapsed. But some- 
thing even more profound may be happening 
all over the democratic world. 

The end of the battle between communism 
and pluralism has changed tbe nature of late 
20th century politics. There is no longer a 
fight to tbe death between two irreconcilable 
grand ideas. Politics have become a relatively 
unexciting competition between rival versions 
of the winning idea. 

Tbe differences within pluralism are not 
unimportant, but they do not have the black- 
versus- white drama of tbe old confrontation. 
Parties and politicians have become grayer 
things. They do not attract the old loyalties. 
Tbe voters feel more distant; they inspect the 
politicians, as it were, through a lorgnette. 

There was a time when the British would 
have fell immune from such matters. Tbe 
politics of modem Germany and modem Ita- 
ly. they would have explained, are post-Hitler, 
post-Mussolini. France's Fifth Republic is 
even younger. But the institutions of Britain 
— a crown, not a president, a church linked to 
tbe state, political parties with roots reaching 
back a century or more — are stronger be- 
cause they are older. 

It has not turned out like that. Hie post- 
Cold War skepticism sweeping through tbe 
democratic world is shaking Britain, too. 

There will have to be changes everywhere. 
Mr. Major caught a glimpse of this when he 
coined his “Back to Basics" slogan — but then 
he could not define what be meant by “ba- 
sics." Tbe end of the old ideological conflict is 
bringing a re-examination of the way politics 
are conducted all over the Western world. 
Britain is discovering that it is not exempt. 

INTERNATIONAL HERALD TRIBUNE 


Other Comment 


What’s Good for Japan ... 

Prime Minister Morihiro Hosokawa of Ja- 
pan, doggedly dete rmin ed to push forward his 
reform program, suffered a stunning defeat in 
the upper bouse of parliament Friday when his 
reform bills were voted down. It was the first 
time since 1951 that any govennnent-submit- 
ted bill had been voted down in parliament 

If successful, Mr. Hosokawa's reform s would 
help refashion a government that now dispro- 


portionately represents rural interests in a high- 
ly industrialized modern nation. They mi gh t 
also stem tbe sort of influence-peddling scan- 
dals that helped topple the ruling Liberal Dem- 
ocratic Party from power. 

But they arc important to the United States, 
too. Political disarray in Japan is a setback to 
U.S. -Japan trade talks. A stable Tokyo able to 
focus on Japan's many problems would be in 
the United States’ best interests. 

— Los Angeles Times. 



International Herald Tribune 

KATHARINE GRAHAM. ARTHUR OCHS SULZBERGER 

Ci^-Chairmen 

RICHARD McCLEAN, Publisher <£ Cmef Executive 
JOHN VlNOCUR. Enunrfi&r £ Vie Prradcm 

• WALTER WELLS.. Yrra fcfiwr » SAMUEL ABT. KATHERINE KKORR and 
CHARLES M1TCHELMORE. Dcputs Edik*? • CARL GEWDCTZ. Anomie EiRuw 

• ROBERT J. DONAHUE Either ef the Editorial Pages * JONATHAN GAGE. Business and Ftrwtce Editor 

• RENE BONDY. Deputy Publisher • JAMES McLEBD. AtEvrnsbiK Dtrvmr 

• JUANTT a I. CASPAR!. Imemanmai De-.vkrpnav Duvaar • ROBERT FARRE. GniAarn Dimur. Emr^r 

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P ARIS — French Foreign Minister Alain 
Jupp6 has called for a “new diplomatic 
initiative of all those [states] who can wash" 
on the belligerents m ex- Yugoslavia. Hus 
should not be brushed off. as U.S. Secretary 
of Stale Warren Christopher has done, saying 
that NATO just went through all the review- 
ing needed at its Brussels summit. 

it is a recognition, which no other leader 
has had the candor to admit, of the enormous 
and rapidly expanding fiasco of Western poli- 
cy. or rather nonpolicy. 

The one thing wrong with Mr. Juppi’s 
appeal is that it does not go far enough. There 
are three policy vacuums demanding most 

X t attention, at risk of what he rightly 
catastrophe. They are Bosnia ana its 
neighborhood, Russia and its ex -empire, and 
United Nations use of force. 

They are all linked, and it is as idle to think 
that bite-by-bite solutions can be found in 
separate approaches as to think that access to 
Tuzia and Srebrenica will aid Bosnia's war. 

If a flagrant new example were needed of 
the mistakes made by nibbling at the edges of 
crisis instead of facing its strategic dimension, 
it comes in tbe new appeal by Eduard She- 
vardnadze, president of Georgia, for a United 
Nations peacekeeping force in bis country. 

Mr. Shevardnadze’s glowing, confident de- 
meanor when he was Soviet foreign minister 
negotiating tbe end of tbe Cold War has beat 
replaced by a look of haunted desperation. 
He sees his job as trying “to save my coun- 
try," be told a press gathering in Paris, where 
he came to plead for help from France and 
UN Secretary-General Bntros Butros GbalL 
“We have no choice," he said when he was 
asked why he accepted Russian troops to put 
down the war in Abkhazia, after Russian 
troops created that threat to Georgia’s surviv- 
al in the first place; 


By Flora Lewis , 

There is a tiny force of some 20 UN observ- 
es in Georgia now, but he would like a 
peacekeeping force of 2j000. The UN ama- 
uon is such that neither the men nor the 
money can be expected from the West 

Russia is ready, but this would mean Secu- 
rity Council endorsement of Russia's claim to 
prune responsibility for its former subject 
stales. Recently, both President Boris Yeltsin 
and Foreign Minister Andrei Kozyrev have 

If there were an adequate 
solution for each problem 
taken separately, we would 
haveheardofiL 

taken up this imc. echoing some of the ex- 
treme nationalism of Yladmrir Zhirin ovsky. 

It is a terrible idea. Mr. Butros GiuJi, who 
is to make a report to the Security Council 
with recommendations, is aware of the dan- 
gers. But be is also aware that if the West 
won’t do anything, it can hardly expect to 
keep the Russians out of wars in the “near 
abroad" and even further into Europe. 

Georgia is only an example. It wifi set a 
precedent for several other trouble spots. As 
it is, UN operations are failing apart because 
there is no rational concordance between the 
missions and the politicai-mfiitaxy wilL That 
is why so many generals have expressed their 
disgust, and quit or been fired. 

Now comes Senator Robert Dole (IHT 
Opinion, Jan. 24), a Republican with keen 
political »ntenn»g ar gning for so many re- 


strictions on U.S. participation in UN fat* 
that he would in effect pull America out of its 
efforts to keeppeace. Leaving what? 

Tbe French and the British are agonizing 
about their frustrated, ineffective mililary pre- 
sence in Bosnia. They see Htlle point in staying, 
but they are afraid to pull out because of tbe 
Udody disaster they rightly foresee. 

It has been evident since the start of the war 
in Yugoslavia nearly three years ago dial it 
cann ot be stopped without an overall settle- 
ment imposed From outside. Saying , that the 
war must be stopped fust and that political 
arrangements can then be found is putting the 
cart before the horse; These people see no 
reason to stop fighting until they have an 
answer to the question: What next? What 
would they have to expect? 

Any durable settlement would have to en- 
compass the whole of the Balkans, all of tbe 
old and new states, with matual security guar- 
antees and plans fa region-wide economic 
development. A treaw-writing conference 

would have to be convoked by “ukjsc who can 

weigh," as Mr. Juppe said — that is, Europe; 
the United States and Russia. . 

This would have been much easier to orga- 
nize a year ago before Moscow’s old ambitions 
were whetted anew by Western dithering cm 
security issues, mo6t dramatically Yugoslavia, 
and Western economic and political promises. 
The OECD has just published a dismaying 
statistic. In 1992, the net flow of all public and 
private money from all OECD countries to all 
the ex-Cfommunist countries was S20 MBon, a 
dribble. The same figure to devetanng coun- 
tries in the same period was $60 button. 

There is stiH time before the question of 
what’s to be done has to be changed to tbe 
question of who lost Russia and the peace of 
Europe. But it is growing shorter. No sooner 
did President But dint*** fly home . from. 


Moscow than reform was shifted *JV. ■ 

and muted threats to neighbors stepped up. . 
His smiles left r^ via^leunp^- 
But Henry Kissingers argumau f «*•* — 
CphriU J^24) that H is ’ 

iS^Russia in iteseanj ■ 

; 


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pecnliiffdistcrtioaotwn™ : 

EnSng Mr- Omio/s i *™* . 

new lines of an t a gonism . George Kamani^ 
t ;„i* vif rnntammenL buttressing an already • . 


formula of contammau. . 

Sonet-enlaced Imcagpost finite 

was that the Soviet threat would erentuaiy 

crumble on the far side. It did. ^ 

It is oarticulariy odd to hear Mr. Kissing^ ^ 

thera&horof the “Sowumfddt doemne ; 
fflconrasng East Central Europe to accegits 

Scmrtovenords, rail now - 

ton, which be claims « tiffing these Sana 
countries to “placate” Russia. ’ 

That isn’t the case. But 1 agree with his . 
conduaon, which does not flow kom las 
current argument, that Anwricanpoucy must 

make dear that its support for reform m- 

fjiufas the requirement that Rnssa embrace 
“the diadptincs of a cooperative mteraaaonar ~ 

system as well as its benefits.” _ _ , 

AD these needs must be tied togecuff in a 
coherent Western policy deahng with tj* ^ 
Balkans, with the United Nations i 

role, dealing with Russia, its real pains and ; 
its psychoses. If there were an adwuate..' 
solution for each problem separately, we 
would have heard of it. Taken together, they 
can ml* a framework for peace on estab- - 
H frhwt international principles. ” 

That a big conference, wi th bi g 

ideas, to write a big post-Cold War treaty. „■ 
The Group of Seven industrial nanons, wrtti . 
r he addi tion of Russia, has the power to make 
it happen. They lack only the w3L 
© Flora Lewis. 


It’s Hig h Time Washington Sharpened a Gender Focus on Japan 


W ASHINGTON — One won- 
ders who is giving the Omtan 
administration advice on Japan these 
days, and just what it is. 

First there was a Gurry of visits to 
Tokyo by assrated undersecretaries. 
Then came calls far an emergency 
meeting on sankonductras, followed 
by an acceptance of a less-than-de- 
sued deal on public sector construc- 
tion. After that the United Stales 
made an effort to go around die Japa- 
nese bureaucracy to cm a deal directly 
with automobile makers. 

More recently. Robot Rubin, chair- 
man of the National Economic Coun- 
cil, and Bowman Cutter, his deputy, 
declared that the Japanese bureau- 
cracy was powerless to act They 
called on Japanese politicians to get 
involved in negotiating a solution. 

Finally, in the nridk of a major 
political crisis in Tokyo after rriec- 
tion of the government’s political re- 
form bill, Lloyd Bentsen turned up to 
wag his finger and demand results by 
Feb. 1 1 on U.S. trade proposals. 


By William Clark Jr. 


The effort to c i rc um vent tbe bu- 
reaucracy and link with politicians 
and business leaders is based on an 
assumption that both groups have 
common cause with the United States 
in taking the bureaucrats down a peg 
or two. If only that were true. 

The s tru c ture of government in Ja- 
pan is highly centralized. As a result, 
bureaucrats, politicians and busi- 
nessmen becom e acquainted at an 
early age. Mr Cutter asserts that be- 
cause Japan does not follow tbe U.S. 
spoils system of offering jobs well 
down into the bureaucracy to politi- 
cal supporters and straphangers, the 
mid- to upper-level Japanese bureau- 
crat has no real power. 

In fact, because rising stars in 
government service in Japan are 
identified early, they form strong 
relationships with politicians and 
businessmen. Both sides know that 
such connections will last and be 
fruitful until retirement. At that 


point after a coding off period, se- 
nior bureaucrats mid themselves 
employed in the upper strata of the 
Japanese corporate world. 

This arrangement is a recognition 
of a past close working relationship. 
In the United States, senior bureau- 
crats (Mr. Cutter included) were cot 
there yesterday and will be gone to- 
morrow. They will not be around for 
the long haul. 

ft is good to know that hope 
springs eternal in Washington- Yet it 
is sad that it is so often misdirected at 
tbe quick fix. There is no hidden 
group of wise men in Japan — politi- 
cians, businessmen or bureaucrats — 
who, if discovered, would see the vir- 
tue of U.S. policy requests. Japanese 
politicians from Prime Minister Mor- 
ihiro Hosokawa down have bear 
clear in their rejection of American 
requests for numerical targets for in- 
creased U.S. export access to Japan. 

Unlike times past, Mr. Hosokawa 


does not now ttnnbte at the prospect 
of a less than successfhl’ visit to 
America next month. What was once . 
a negative 7- UjL displeasure over 
Japanese policy — could be a plus in 
Japan’s current political environment 
With his political reform package shot 
down by the upper house of the Met, 
the prime minister will rem ain weak- 
ened even if he cobbles together some- 
thing by tbe end of this week! 

Japan is going into its third-year of 
eoratonticdddimns, and few predict a 
recovery in tbe next 12 maotte. Many 
of the U.S. requests could result in 
increased unemployment in acounby 
unprepared far Slim a development 
The Japanese public is psychologically 
down and 1 orating lor understanding. 
Mr B enig n’t visit, ra ther than inrhro- : 
mg action, um have increased the 
passibffity of Mr. Horokawa standing 
up to Kn Clinton when they meet in 
Washington ou Feb. 1L. 

In the presidential election cam- 
paign, Mr. autonpranbed to ‘Teens 
Hke a laser beam" 00 the economy. 


Today a focus on U-S- policy toward 
Japan is badly seeded. Hie present 
approach is all over the spectrum. 


iminde restricting pressure on Japan,- 
calfing for a largo* stimulus package 
ar^tnqrfenKntingmeamngfuldoiDes- 

tm deregulation^ home, the Gmtoa 
i dmmaimi OQ should enforce a high- 
er lewd of local content an Japanese 
antmitthw and tmkt that Japan’s ex- 
port gbpd&not be sold at a deep dis- 
count in America while domestic 
-prices in Japan remam unribanged. 

■While American bureaucrats may 
not, as ande,heableto walk and chew 

S al theaame'time, semor officers 
d beabfcto parage four topics, 
thus making it modi harder for Japan 
to sidestep the issues. . 

• Jr ~ . s - . 

.. ' The writer, a former U.S. assistant 
secretary af siate for East Asian and 
Factfk affairs, hokb tkcJryan char at 
the Center far Strategic- and hoema- 
tioned Studies. Heaoaritnaeidds cmi^ 
merit tothe Herald Tribune. 


Rabin and Sharon: Disagreeing on Terrorism, Space and Time 




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N EW YORK — Yitzhak Rabin, a re- 
nowned general in Israel's wars, looks at 
maps of Israel and its Arab neighbors, studies 
mililary and political realities, and decides that 
current peace negotiations are the road to last- 
ing peace and security for his nation. 

Ariel Sharon, a renowned general in the same 
wars, looks at the same maps, studies the same 
realities and decides that the negotiations are 
the road to years of Palestinian terrorism end- 
ing in war or the draining of Israel or both. 

Mr. Rabin is the leader of Labor, Mr. Shar- 
on a leader of Likud. Also, Mr. Rabin has the 
job Mr. Sharon has sought for much of his 
political life, and still does. 

But both men are Israeli patriots, both tested 
as military commanders. And not long ago Mr. 
Rabin harbored some of the worries about 
Israeli safety that still keep Mr. Sharon awake. 

Israelis made the election choice for tbe Ra- 
bin leadership. To the victor belongs world 
press attention. But since almost half of Israel 
did bade Likud, I thought it would not be an 
offense against democracy to give Mr. Sharon a 
little type while he visited New York. So I asked 


By A. M. Rosenthal 


him the question that comes up constantly 
among American supporters of IsraeL 
How is it that two Israeli genesis who re- 
spect each other and keep in touch are now so 
far apart in military thinkin g? Mr. Sharon’s 
answers boded down to this: deep differences 
about the meaning of terrorism, space and time. 

Mr. Rabin has said terrorism is a threat to the 
Kves of Israelis but not to the safety of the 
nation. For Mr. Sharon, tbe threat is to both. 

Terrorism has been a major Arab weapon 
before and since Israel's War of Independence 
in tbe late 1940s. Mr. Sharon thinks it will be an 
infinitely greater threat if Israel cannot search it 
out in advance, or retaliate. 

Tbe Oslo arrangement between Israel and 
the Arafat Fatah wing of the Palestine libera- 
tion Organization will turn over internal secu- 
rity to a 20,000-man Palestinian armed force. 
Discovering terrorist plans, tracking down 
and p rniTshmg terrorists are to be earned out 
by Pales tinians who are their relatives or com- 


rades. Mr. Sharon says it will never happen. In chemical 

Gaza and the West Bank, the Fatah Hawks Egypt’s, 
say exactly that — never. missiles. 


ay exactly that — never. 

‘ So, Mr. Sharon believes, Israel wQl be open 
to continuous terrorism, no longer able to hit 
it where it lives. His scenario is that Israel will 
eventually have to go in and strike. Arab states 
would move their tanks closer. Without firing 
a shot, they coaid force Israel into the mobili- 
zations that cripple its economy. And Israeli 
attacks would be against a new Palestine, 
autonomous or i ndependent — an invitation 
to anti-Israeli embargoes. 

Space and time. For decades Israeli officers, 
said that for their tiny country both were 
matters of life or death. 

After tbe Gulf War. Israeli generals told me 
they had noted that before the ground attack 
against Iraq, the United States stationed its 
troops 80 to 130 kilometers from tire Kuwait 
and Iraq borders, at least five times the width of 
Israel’s narrow waist Now, brad officials say, 
the mflitaxy thmKng has “evolved.”; mferile* 
not mining; and miles, count "W 
AD of Syria’s -1,000 missiles, about 100 with 


dtestical warheads, have Israel in ranges Bo dp 
Egypt’s, Iraq’s, Iran’s, etc. Isradis also have 
missies. But Mr. Sharon has noted someffimg 
himself: Missies do not occupy tenitory, 
Tanks and troops do. that ” V ' • 

.. He has made suggestions to Mr. Rahim Xt 
least demand contra of internal security in the 
West Bank and Gaza, and .of strategic mads. 
Insist on the right of Israelis to keep then 
settlements, under Israeli protection. Ear any 
'Golan Heights concession, get redaction tad 
fallback af Synan fauces near IsraeL 
- But be remains against the whale Oslo deal 
as a disaster flxat would sap Israel through 
terrorism and set'it up either for war or fa r 
chaos. He believes that negotiation should be 
with Jordan — already. Palestinian in every- 
thing but its royal family. - ' . 

■ “But to tell the truth,” he says, “I think 
things were better after the.War of Indepen- 
dence, in 1949. It’s more tense with less hope." 

Maybe that is became about terrorism, 
space and time, the man isjost not a.very 
good evolves-. 

Tim Hew York Tima. 


Bidding for Stock in f Emerging Countries’ Is Getting Out of Hand' 


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W ASHINGTON — During the 
tulip craze in Holland in 1636, 
a single bulb changed hands for five 
hectares of prime downtown Dutch 
real estate. If that sounds nutty, con- 
sider that lately U.S. investors have 
been wildly bidding up tbe price of 
stock in companies they have never 
heard of in Malaysia, Indonesia, In- 
dia, Thailand and Turkey. 

I happen to be a fan of internation- 
al investing, but tbe run-up in what 
are euphemistically called “emerging 

The news from Asia 
and Latin America, 
especially in die past year 
with the approval of 
GATT and NAFTA, has 
been good — too good. 

markets" has got way out of hand. It 
is developing ail the signs of another 
tulip craze or South Sea Bubble. 

At tbe very least, it harkens back to 
the Real Estate Investment Trust ma- 
nia, the gold and stiver stampede and 
the junk bond frenzy of recent years. 

In tbe third quarter of last year. 
U.S. investors bought foreign stocks 
at an incredible rate of $2 billion a 
week, says the Securities Industry As- 
sociation. This money — including 
gouts of cash from pension funds — 
has helped chase emerging-market 
shares into tbe stratosphere. 

In dollar terms, stocks last year in 
Turkey rose by 224 percent; ia the 
Philippines. 130 percent; Hong 
Kong. 122 percent; Indonesia. 114 
percent; Brazil, 1 16 percent. Of the 
22 emerging countries surveyed by 
The Economist, stock markets last 
year doubled in seven and rose by at 
least 50 percent in 12. 

Tbe locals are caught up in the 
frenzy. “Almost everybody is gening 
into tire market" Daim Zainmhtin a 


By James K. Classman 


former Malaysian finance minister, 
told the Financial Tones last week. 
“Everybody is busy on the phone. 
Nobody seems to be working. Every- 
one talks about shares." 

Most Americans boy international 
stocks through mutual funds — ei- 
ther the closed-end variety that trade 
on tbe major stock exchanges or the 
open-end sort, as peddled directly by 
investment booses. 

More and more funds of both 
kinds are bring launched to keep up 
with the demand (and incidentally 
line (he pockets of the managing 
firms, which charge big fees for their 
expertise). Mormngstar, tbe financ i al 
publishers, in 1990 tracked 70 open- 
end international foods; last year if 
tracked 263. Fidelity Investments 
alone offers 13 international equity 
funds and seven global band funds. 

Tbe best evidence that demand is 
outstripping supply can be found ia 


dosed-ood funds, which are started 
with a fixed amount of capital that 
then is used to boy foreign stocks, 
often in a single country. 

Many of these funds are trading on 
tbe New York Slock Exchange at 
huge premiums over the actual stock 
market value of tbe shares they own. 
At the ad of last year, for instance, a 
share in the Jakarta Growth Fund 
cost investors 35 percent more than 
the market price of the stocks in the 
fund. In August 1990, before the re* 
cent craze began, the fund was trad- 
ing at a 17 percent discount 
As a result of figures Hke these, one 
leading money manager who is an 
expert in dosed-end foreign funds, 

Letters intended for publication 
should be addressed “ Letters to the 
Editor" and contain the writer's 
signature, name and full address 
Letters should be brief and are 
subject to eOting. We cannot be 
responsible far the return of woo- 
Hated manuscripts. 


Thomas J. Herfdd, says be is almost 
totally nit of the market now, 90 
percent in cash. 

For the long run, Mr. Hetzfeid 
likes international stocks, but not at 
these prices. “We’re very ride-averse. 
As a rule,” he said, “yon 71 find us 
buying cm all sorts of disasters . — 
revolutions, loan defaults. We sdlon 

Herzfeid is rig^L^Tfc? news 
from Asia and Latin America, espe- 
cially in toe past year with the ap- 
proval of GATT and NAFTA, mis 
been good — coo good. It is easy to 
forest that dictators are not forever 
bemgn, that some countries have 
been known to suffer coups and to 
nationalize private Anns, freeze 
prices and renounce their debts. 

Of course, there was that little mess 
in Chiapas at the first of the year that 
knocked the Mexico Fuad down a 
few points. Tbe fact that investors 
shrugged the abortive revolution off 
is a agn of how dangerously buoyant 
international markets are right now. 

Another wanting signal for Mr. 
Herzfeid is that investment gurus 
“are saying yon should allocate a cer- 
tain percentage of your portfolio to 
emerging market stocks. They gave 
the same advice fa grid in 1980, just 
as the precious metals markets were 
hitting their peak. 

Research indeed sbofws that broadly 
diversifying with miematiftiwl stocks 
can be a way to smooth out the ups 
and downs of toe US. market But 
piling into those shares at the same 
time as everyone else can be poison. 

The current craze has boosted tbe 
price-to-carnings ratio of toe aver- 
age stock is Malaysia to 43; in Ar- 
gentina, to 41;- in India, to 39. In 
other words, investors are currently 
willing to pay nearly twice as much 
for tbe average Malaysian stock as 


hr that you have to put blind fathin 
the manager. The Securities and Ex- 
change Commission, fa example, 
does not reentirc the foreign compa- 
nies whose mares comprise a mutual 
fund to disclose even rudimentary 
information about their finances. 

Also, as the SECs Jerry deMkhae- 
Hs pointed out, there are tots of other 
potential risks, inducting “currency 
nocma tions," tax j^ eatirariti ^Y e- 

One a maniacs 

that investors lose tbezr memories. 
What they are forgetting tins time is 

time. 'Turkish Investment Closed- 

end fund that was a star in 1993, fell 
in each of the three preceding years. 


mduding drops of 36 percent u 1 990 
and 40 percent in 1992. 


exage annual return foudf interna- 
tional open-end mntoal funds for 
the last five. years is still only about 
half the 15 percent rate for funds 
that invest m U.S. stocks, according 
to Momingstar. - 
If you believe, as I do, that the 
works economy wifi boom m the 
years a head wxth the popularity ot 
free markets, then the best place fa 
ywir'mobcy may be in the United 
States — in the shares of well nm, 
closely scrutinized companies that do 
tots of business abroad, such as Pep- 
siGo, General Electric or Lockheed. 
There are a few thousand more to 
choose from, as wdL : 

Not exciting enough? Then go oat 
tad buy some tulip bulbs. 

The Washington Post 



US OUR PAGES; 100, 75 AND SO YEARS AGO 
1894s Spanish Anarchists meet the approval of theplampcopk 

n a d/^dt av a a i • . wcaw; that it shook} be an 

BARCELONA —A wodemg mason, instrument in insuring the future 

P cace ^ ^ and not mercty in 

■ . J®? to-(^r Pan. 25) wto a arranging a European settkmtaU 
pistol and wou nded ton toe head. toatitsEtad 

merely formal or occaKal, in the 
York Herald comments; The Anar- promotion of in ternational oo-ooers- 
drctsm Spam are unsubdued. After tion. 
this fresh outrage society ought to adopted on warreSSS* 

*5***% Mend- SjdapS^'' 

mg itself with all toe energy of whfch 
it is capable. It trill eventually be 
forced to realize the fact that the 
Anarchists are fighting not against 
one person or another, but against an 
existing institutions.? 

1919: League Approved 

PARIS — President Wilson’s princi- 


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for the average U.S. stock. 

These may, in fact, be brilliant 
choices. But one problem with invest- 
ing in emagmg-market matual funds 


pie for a League of Nations, seconded 
by Mr. Lloyd George, Signor Orlan- 
do and others, was unanimously 
adopted in toe second plenary sttfns 
of the Peace Conference at tbe Qnai 
(TOthy, yesterday [Jan. 251. This 
principle is that the League most 


1944: Casdno liberated 

AUIED TffiADQU/ATERS, AL- 

— [From our New York edi- 
tion*! Anwm* T.m.. .1 - . . 


tion:] Amcbb troops thrawmg a 
new bndgdiead across toe Ramdo 
Rjvet; reached Cassino today^to. 
23 md found the Gennai had 
the stronghold of thar 


do and otoera, was i^ammo^v 01 a 

adtmted in the aecond.plaiaiy sitting. bythenewlaii*i^!5^^ tt ^ 1 !f d 
of the Peace '"ASSSJSSSE 


mttrc d Casano and 




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Page 5 


TT-™-*"™" HF.B AIJ) TRIBUNE, WEDNESDAY, JANUARY 26, 1994 

OPINION 


Hear the Rhetorical Presidency 


W ASHINGTON — AH the 
folderol surrounding, State 
of the Union addresses illustrates 
ihe stale of the union. 

The president — . any. president. 
— enters the House chamber to 
ridiculously prolonged applause. 
The appbaders .are politicians, 
whose excessive praise erf one an- 
other expresses, ambivalence about 
praise: Any but unlimited praise 
may hnjsly bunts to their praise- 
worthiness. The president then 
speaks to the nation, over the 
heads of the audience the constitu* 


n r « tst -11 dent’s probable preoccupation in 

By George F. Will Tuesdays State of the Union ad- 

dress, illustrates tendencies of the 

.hat my 

reform by Congress less sweeping 
than the president’s will reflect the 
parochialism of a lesser institution. 

iFurther, the drive for vast expan- 
' rion of government in the name at 
reform has been faded by manufac- 
tured fear — the declaration that 


of prcsaenis au m e wu s 
“an habit" smacking of 

monarchical grandeur. 

When the practice of defivenng 
the State of the Union m person to 
Congress was revived, in 1913, the 
reviver was. a former professor of 
political science who had, as pro- 
fessors are apt to have, a theory 
Woodrow Wilson believed that r 

• « * ■_ aU.. r.Ffir^ a 


one 


wooorow niuuu imiv™ that the 
pres deucy is the only office able 
* — to, or even entitled to, imp® 11 

Political leaders did not ■^gXvSSt^St 

--trie, energize the public in 

. 1 r>Miiwaw 


Us lubtwiiwi '-"•er— - — r 

order*) compel Congress. 

Wilson thus rqected the modest 
notion of ihe presidency endorsed 
by the Erst president and thelOTDQ- 
jno generation. The biographer 

says tbai Washing- 
ton “did not visualize the presi d en t 
as an initiator of policy, a prime 
mover.” Washington wrote: ‘The 
ejection of the different branches of 
freemen. either directly 


another to vast 
and amorphous 
constituencies. 


.lion stipulates: It is to Congress 
that the president is supposed to 
give “infonnation of the .state of 
ihe union." Then an opposing 
leader delivers a televised “re- 
sponse” written days before he has 
beard what he is responding to. 

Imerbranch deliberation has long 
since been rfisdaced by riwtooc do- 
agped to produce mass effects. 
frey Tubs of the Unwarily of Ta- 
os, author of “The Rhetoric^ 
Presidency," notes that leaders erf 
the two political branches did not 
always speak past one another to 
vast amorphous constituencies. 

' During the first two presidencies, 
those of George Washington jmd 
John Adams, the House and Senate 
formed committees to draft re- 
sponses to the president's address. 
The responses were earned to the 
president, who responded to the 
ddeeadons dehvejmg them. _ • 

• Thomas Jefferson ended the 
practice of delivering the State of 
ihe Union message in T?®?® 11 ” 
■Congress. Homy Adams, m jnabis- 
tmy of the Jefferson admmistrar 


A Gdtnre of Clique 


r, is the pivot on wL 
turns ttte just wheel of the govemr 
mart. a wbed which communicates 
motion to aD the rest" 

Conservatives, who mice be- 
lieved in congress onal supremacy, 

now accept the Wflsoman modd ot 

the presidency, for. three reasons. 
Phst, it is now conventional, and so 
are they.' Second, Canmssj? ««- 
troUed by Democrats. Third, tbor 
recent hero, Ronald Wilsoa Rea- 
ga^-had the rhetorical skills requi- 
site for a WELsoman presdency. 

liberals have, two reasons tor 
favoring a Wilsonian presidency. 
The rhetorical presidency is suited 
to stirring passions, such as fear. 


lyJUu ICdi uw . . 

America’s health care system 
“crisis.” What should be a denbera- 
tive process is becoming a cartoon 
conflict erf heroes and viflams. 

inflation in the health care sec- 
tor has been cited by the president 
as one of the primary jurtificaucos 
for his 1 , 300 -p^. reform ML 
However, that inflation contmue 

to dedine, to 6J percent m the first 

half erf 1993 and 4.4 in the second 
half, largely because of reasonable 
public andprivate sector responses 

to market forces. 

Yet Vice President A1 Gore, 
asked whether dedming inflation 
indicates a diminished need for 
radical surgery on the system, says 

. dnicter. 


radical suigpijr — 

he sees something sunster t 

-Oh, 1 don’t thmk there s any 
doubt about what it indicates. It 
indicates that sane of those who 
were shamelessly exploiting toe sys- 
tem got scared to death as health 
care reform began to be debated 
and as ibe administration and affies 

of oms in the Congress said tom 
they were going to put the spotlight 
anthe worst examples of abuses m 

toe system. And I mean toer« aim 

of anecdotal evidence of boards of 
these companies sitting around say- 
- _ i M iuH#r mnl it and slow 



\VC SL'MJIH "Ul 

mvlh that history's t™ c here-and- 
now is prechd> ‘-he period of our 
our. li'.rs. Then every Jan. 1. at the 
flip of ihe calendar, we discover 
that our experiences and memories 
are anoiher year removed from the 



Democrats Jmt Don’t Do Scandals Right 

_ _ . I ihe board of Madison Guaranty. 


XT 7ASHINGT0N — Before tbe By Robert Hirschfeld 
W Republicans be©n salivat- 
ing over the project of BiUClm- Smart j v making their miv 

ton’s downfall from the Wbte- intricate. obtuse and all- 

water controversy, the public UCDUa ■ — 


which can reconcile the putoc to _. ^mined by caoais oi 

expanave government And probably not. but such fd- 

presidency encourages derol flows fmm the rhetorical pres- 

tary, nonddiberatrve govCT^ SSL ™Wrh was to be on display 
— the framing of public m^wues 
starkly as “us versus them. 

Health care reform, the presi- 


orxiestrate a scandal on toe grana 
scale of their opposition. 

The Republican Party is expert 
on scandal having refined it to an 
£ fonn. What toe Repubhrans 
have got on to is toe base secret o* 
scandal management: The best de- 
fense is to make toe scandal rnde- 


QDWI1 u&3b 

believe inflation is significantly 
caused or contained by cabatoa 

^ kill nv4i Fnl- 


CLaOi UOWb UUU 

idency, which was to be on display 
in toe House chamber Tuesday. 
Washington Post Writers Group. 


encompassing, they ensl J^ 
immunity because toe press and 
public can't possibly absorb it ad. 

P For example, during toe Iran- 
contra hearings, countries were 

rdcmd 10 by inters and^ople 

by code names. And who can fig 
ure out all the byzanime connec- 
tions in toe BCCI bank fraud case 
(never mind BNL)? 

The Clintons ought to borrow a 
page from toe Republicans, and 
add some complication io toar 
handling of toe Whitewater are. 
.LmkM^toBCCLCta 


sOlammity would be to let a second 
Holocaust go unnoticed. 
CHANDLER rosenbergejl 
I jubyana, Slovenia. 


Regarding “ A Destructive Cu I- 
fure of Critique” (OpuuofrJW. IB) - - 

liam Pjaff: 


P 

Regarding the ^ 

Beijing Reconcile, but Tamm mu 
Get a Last Jet Shipment^ ( Jan. 13). 

The article perpera^es^ toe myth 
that France was toe firet Weston 


.. Has toepress really gotten nasti- 
er over toe past few years, as yror 
pohixnnists reggest? Alo<* ai toe 
savage newspapers of the 19 th mi 
tuiywould suggest 5^ 

Ih-ing in a "culture ofenugue, we 
live in a “culture of <rf* £ I uc - a . . 
Although Mi 

mention politics, 
herconnndits firiri 
ous Renaissance Weekend group, 
BiB Clinton and a 
Smd of his dosest 
famously attend. 
meant to bdieve that Ms. 

^Whether so or not, Ms. Tannen s 
suggestion that .toe mitois not 

ori^dioiiBanalifshete.saytog 
that people make up 
mindsafter heaimg.Mny drff«^ 

poinis of view. lmadwi^iT »b? « 
Westing that people who tore 
“jretnito’’ often cannot expressti 
mthe face of hostile cabasnLNo 
politician has “the t roth how- 


Keg^g "Dm't 
ports of Superheated Growth 

^(Opinion, Jm. 19) byOinstppher 
Ungle and Kurt Widanan. 

The anthors, senior fellows in 
European affairs at Sngapore Uni- 
versity, question toe “ 

World Bank estimates of China s 

, ,rr r ™“ A Moveable Feasl 

ssr n ss^ andSoul - 


country to recognize Commimist 

China in 1964. That is not so- Brit- 
ain and the Scandinavian countnes 
recognized Mao’s China in toe 
37 195a only s* montes 

after toe prodamanon of toe Peo- 
ple’s Republic on October 1, 1949. 
H eskilsvane. 

Pouzols, France. 


• link Madison to '-—r 

7 that a secret shish fund was create! 

rather like toe houses 1 build from l0 launder money ^^diaTtoe 

the first nail to toe last. branch m Baghdad. Hint that tne 

FRANK ARMITAGE. CIA was involved. 

Ivry-sur-Seiiie, France. • Create a ^J^.S’Sne- 
The answff as to^watoe swl toe l ™P^ u J bc or Arkansas National 
enters the body * ^ appear in full umfonn to 

ed in toe Book of Gmm. 2J- gK-BS 


ed in toe Book or oen«i>. Guam laMlion of how 

“And the Lord God formed man of vLe nsing up m 

the dust of the ground amd “^'.^^tenmgU^glob- 

^.«-csa*yfirs 


UvmR souL" Thus, toe soui enu» ^ 

s*?=:asi - - 

b<Wy LLOYD WHITNEY. tniUU 

Paris. 


Panamanian hit sqiau ^ 
training to invade ite “ia™- 
• Q aim that Neil Bush w 


was on 


• ins ist Ull «» 

miliee invcsligaiioD- Lei all ihe key 
plavers involved testify before a 
joint committee under immunity 
so toev can spill toeir guts and then 
be insulated from prosecution by a 

wri« a. boat. 
There’s nothing like having an 
adorable First PH dd |^ d S 
and create a warm 
toward 1600 Pennsylva nia Avenue. 

Mr. HirschfelJ. a water and tele- 
vision producer, contributed th s 
comment to The Washington Post. 


Later Than You Think, 

And It Was Longer Ago 

Bv Christopher Caldwell 

hav- 

'"%r=b«hTn g :' , S 

those 24 and older) as weUaa^j 

Se^asloug^as^Civd 
War Ruminate on these nuggets- 
• Richard Nixon s inauguratren 
llWlisclMcr'oFMUmR^ 
veil’s administration 

than to Bill Clinton s; FDR^ 
guration is closer to . 

Grant’s adi 

than it is to President Chnions-^ 

• The founding of Students for a 

D^ucSoaltyfl960,^^ 

io toe Coolidgc administranon 
i i9‘ , 't-29) than to Mr. Clinton s. 

• The Bay of IJSS ^vasion 
f 1961 1 is closer to toe 1929 stoat 
market crash than it is w us. 

• John F. Kennedy’s, e, ^ u °J 1 
(19601 is closer to ChariK Und 
beigh’s flight across toe Atlantic 
1 1927) than it is to us. 

The game is instructive for cer- 
tain historic events, too. particular- 
ly w hen we Teel like congratulating 
oursdves on our modernity: 

• The development of the birth 
control pill (1957) is closer to toe 
1 9th Amendment (women s sui 
frage. m 1920) than it is to us- 

• Martin Luther Kings Mouir 
aomery bus boycott ( 1955) tsejos^ 
w toe sinking of toe Lusitania 
(1917) than it is to us. 

• Ernest Hemingways ^be 
Also Rises” (1922J is closer to toe 

American Civil War t^ ro ^. 

• The opening of toe firsi Otos- 

mobile factory (1901) is i? 

Thomas Jefferson t’s admimsirauon 
(1801-09) as to Bill Q in, ? ns - . 

• The development of 
analvsis by Freud’s coOeapeJo^ 
Breiier ( 1 882) is closer to toe Boston 
Tea Party (1773) than to us. 

And if vou want to take a really 
long view of thing, co^er toat- 

• The Boston Massacre ( 1 770) is 
closer io toe reign of Henry Vul 

(1509-47) than it is to us. 

• The establishment of Harvard 
(1636) is closer io Kublai Khans 
Suns cam paign (1279) than to us. 

• l^Kling of Jamestown 
(1607) is only three years closer 
to us than to toe signing of toe 
Magna Carta (1217). 

That last one may point up toe 

oidysflverhnmgmtoisiOTtempbi- 

lion of Time toe Implacable. If you 
take your vitamins, exercise enou&ji 
and avoid f atty food^you m 1 ^ 
outlive toe era of speeches that be- 
gin. “As a y oung count ry ... 

The writer is assistant managing 
editor of The American Specum. 
He contributed this comment to Ihe 
Washington Post. 


presen i. They, and we. are sliding 
inexorably toward jhat dimness 

known as "toe past." . 

This becomes apparent when 
we piav a simple game with toe 
wav time passes, h works like 
this: You think of a recent event 
ind then show that it actually oc- 
curred closer to some relatively 
ancient event than to the present. 

H '■omeone describes himsell as. 
sav. a -child J the Watergate era 
;o suggest youthfulneifc vou can 
note correctly that toe 197- Water- 
gate break-in is closer in tune io toe 
rise of Joseph McCarthy m 1 50 
than it is to toe present cay. 

If vou are into midcle age. oe 
prepared io discover that today s 
college students and office interns 
think of Sputnik the way you dunk 
or Prohibition. To them, toe Viet- 
nam War is as remote as toe ureat 

Depression ts to you. 

Now we’re into 1994. when for 

the first lime: 

• The .Arab oil emoargo (197*1 
« closer to toe Rosenberg execu- 
tions (1953) than ii is to us. 

• The first manned moon land- 
in'’ ( 19t>9» is closer to Hiroshima 
(194S) than to us. Hiroshima, in 
lum. has since last year been clos- 
er to San Juan Hill (189B| 'ban 

11 Musical memories will be partic- 
ularly misleading. U is surprising 
ho 1 *- much of toe new music toat 

you like is old: . 

Beailenunia ( 1964) is closer to 

. _ u .i r . i i . jLam t.-v iac 


ihe board of Madison Guaranty. 

The public hardy flinched when it 
found out that toe Silverado Sax- 
on whose board George Bush s son 

once sau had failed at horrendous 

cosi to toe taxpayer. Unking Neil 
Bush to Madison will insulate the 
Clintons if they are connected to a 
mere S60 million bailouL . 

• Stage a break-in. Organize a 
group of thieves — real putters 

would be appropnaie -to br^k 

into the Arkansas Republican 
headquarters to steal files- 

• Use selective amnesia, now 
can toe Clintons be expected to 

timber all toe petty deuufc in - • Beailenunia < tvwi o .«»*«■. »■ 
tois cast^wben toeyhaw more im- -poray and Bess” 

Mrtant things to think abouL such • Even that an them of toe here- 
M being toe leader and toe first ana-now from toe Chnton p 
^dvo? toe free world? dential campaign. F»«lwood 


About Tomorrow f U977 msc1os- 
er to Henrv Manam s Moon Riv- 
er” (1961) than to us. 

If vour interests ran more to 
soorti than to music, you might be 
horrified to know that: 

• Mickev ManUe s major league 
career (1951-68) is closer to T> 
Cobb's (1905-28) than it « to toe 
Oriole outfielder Jeffrey Ham 
monds’s { 1993-prereni). 

• Jackie Robinson’s major- 
league debut. (1947) .sdoser to 
Queen Victorias reign ( 1837-1 9U1) 
than it is to us. 


5 toOTe^China. 

The World Bank made M such 
demenlaiy mistakes. The bank 
• maintains a resident teamof ewn- 
. oomsts in China (and other Urge 
countries) who collort date fa™? 
epvanments at regular intervals 
and check them when Q ^ cs ^^, 

It is not uncommon for newiy 
emerging economies in the Mu- 

■pTrfiSSti 

Ttatod m the late 
1980s and early 1990s . ^ - 

1 Last month, toe w^s t^ 
credit raring agency, Mo^s^ 
graded China’s credit .rating from 
KTto A3. Orina’s “PO^m 
1992 came to S83 billio^ as ran- 
would like us to tom* so- - pared, for example, to $20 bilhon 
Asfortheuseoftoughla^u^ft j^^dia. Foreign m yg^ra^ com - 
I find it hard to express rny mitted $100 billion in torcctmvest- 

toe Bosnian cnas m myotbaWK JOHN WONG. 

nf voice. To be gentler- m remind- Singapore. 

jngW«tero politicians of toea p»- 


Regarding “Taking the Measure 
afteSouT (Health/ Science. Jan. 

6) by Malcobn W. Browne: 

What commenced as a witty, 
lighthearted proposal prow 
tfiat the soul is a tangible, idoinfi- 
able entity concluded wto Dr. 
Jones’s chilling !»»** £ 
toe soul turns out to enter tnc 
fetus quite late in pregnpey, me 
religions arguments agamsi con- 
mSptian Md early abortion will 

be neatly disproved." . 

first step, is as valued asanyj phaw 
of homebufldmg. Is toe not yet 
fully devdoped humm roih^o or 
ferns any different? Perhaps not, 
eaxpt for toe fact that it is aljj® 

making it all toe more v»h“W®* 
Regardless of when the so ul en - 
lec^fetns, it should be nurtured 
and brought to completeness^ 
that it, too, can be home to a soul. 


Regarding “Thanksgiving Days” 
(Letters, Jan. 7): 

Sydney M. Cone 3d writes that 
president Franklin D. Rooscvdi 
“did not tamper with the date ot 
Thanksgiving until the outbreak oi 
WoridWar n in order » njDoe 


WCmU WiU A* w.— - — 

holiday disruption of war produc- 
tion” As cme who has taught US 

history for over a half cratury and 
who was back “home in 1939, 1 
must disagree. 

In August 1939 — more than 

SfcKS 

er toan toe previous last Thursday 
of November, to enraurage boh- 

in 1941, Congress adopts a 

last,' Thursday in November. 
BERNARD SINSHHMER- 
Boulogne. France. 


NEWS EVENTS WHICH AFFECT 
YOUR LIFE THIS YEAR: 

The Middle East peace process 

Anguish in Sarajevo 
The resurgent IJS. economy 
Japan's tenacious reeessi 






V,.- 


"fOLOW THE WORli} EVERY DAY IN THE IHT 



SEEDS piTHBHEA M 1 ; 

Japanese Uteralnre From 

Y&fiieal Tiinea tothe Lale 
Sixteenth Century • 

By, Donald Keene. 1,265 pages. 
$50. Henry Holt. 

Reviewed by 
Anthony Thwaite 

J ^?5SS?An imrodncnon 
anese L,lera SSf^’lnll0pafi«, 

!? r ^ appc1 ^ 

K ^ sl ^«??tooSand years at 

vetse, P**- 66 w h«t seemed actor 
w^rewith as 

notion of aJJtera exed- 

and contmuous ■ > 

leDcea sanymtoewonx 


Since then, Keene, a professor at 
CoJumbia Unhws&y, has estabr 
lisKed himself as a magisterial go- 
between, transmitting Japmese 
culture' to Englidi-xeaders both m 
Ms historical surveys and m ms 
translations. “Seeds in the Heart" 
is the fourth and last of ms large- 
scale literary histories, following 
three earlier books oil Japanesebt- 
erature from 1600 to about 1970. 
This vdumecovers to»per^ from 
toe beghmmgs, the Recwd of A* 
doit Matters of A.D. .71^ to 
late 16th century, just before toe 
Battle of Sekigtoara, when the To- 
kugawadan nnified_the country. 

Ktew’s title comes frrai a text 
toat be had already used to good 
effect in Iris earlier book: the pref- 
ace, written in A. D. 905, to the 
“Kokmshu" anthology: “Jmanese 
poetry has for its seed toe human 

bestsellers 


heart, and grows into connriess 
leaves of words.” 

From early times there is an al- 
most obsessive concern with craft 

itnrtnMs nf form and po- 


edc Action — an appreciation of 
wosttolay and a belief that a poan 
did not bdong exdusivdy to its cre- 

alCT.Owxtoemoretoansevencffi- 

turies covered in this bocA, and well 
beyond that, even to toe pmsem 
(^Japanese poets have 
toe same sutgects and even toe same 
words as those in existing poems, 
priding themselves not on oripnai- 
itjTbm on toeir skill in paymg tom- 
age to past masters, playing endless 
v ariations on (hemes. 

t*- 5£2“SSE 


accompfishmenL much like a cjvi 




t to 

Wttfc 


FKTVON (Ms 

W 


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' 12 THE’ HOHL by Hmwn 

Wout --ssl ' 7 ’ 

B SMQOA’S ;SDJSE j Of 

„§»r^Sin5 ,s ' 

15 

'.. TUNE, by Ken F<dkn 1 1 1* 

’ NGNHCTION - 
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"sswasuflSE. 76 

ROAD LE^TkAVCij^ ]{ 16 

bKwtbh 1 *"” - 


load European RenaiKance man 
grereiang his fluent Latm. 

three other nwor vol- 
umes, Keene tnakra toe htoamre 
and toe history march adebyside. 
Historical events fflummate 
native verse and pro* — 
only events, but sociaiju^y; 
Keene puts the acteal liyesof enters 
in am text, along with toe worts 
they wrote. Japan^ hterary lnswry 
iTviry much social history, m which 
crSnment, gantep^fr^ 
petitions are part of the toe « 
Wpie sodoy- Writers, particularly 

wSSrawa 

could be called publication. 

fnmdin the West tmtil ^ 
lata Lady Murasaki is toe pnme 
Sp^bnt Keene is screpjJo^i 

SSSg her major_acbevfflaeni, 

“Tte Tale <rf Gagi. m 

setting it alongside 

RDow Book of So Shona- 

and —about 30 yews (ffitoff 
!_Tbe Gossamer Years, wntia 
by an anonymous wonian -wtoo^- 
ticipated some of MtOT^ schar- 

*nd nhservauons. 


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Page 6 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, JANUARY 26,1994 


§ 


In Qiiiton’s Battle Plan, No Room for ‘Big Government’ Hanoi’s Neighbors 


By Paul F. Horvitz 

International Herald Tribune 

WASHINGTON — President Bill Clinton’s latest 
public enemies list contains three strong opponents: 
an expensive health- insurance system that leaves the 
poor behind, a welfare program that rewards indo- 
lence and a serious national fear of violent crime. 

Mr. Qin ton plans frontal attacks on all three in an 
ambitious 1994 legislative agenda, but wants to wage 
the battle without an army of “big government" regu- 
lators, according to aides and analysts. 

The president was to lay out these priorities Tues- 
day night before a joint session of Congress in his first 
official State OF the Union address. 

The needs and concerns of middle-class Americans, 
especially in the area of crime, were foremost in the 
president's mind. 

Among the freshest proposals from Mr. Qin ton, 
disclosed earlier Tuesday, were: 

• Endorsement of legislation calling for tile in pris- 
on without parole for people committing a third vio- 
lent felony. 

• A request for $6.6 trillion in emerpaicy aid for 
earthquake-stricken Los Angeles, on top of 5900 mo- 
tion already committed. 

• A call for simultaneous congressional action this 


year on health-care reform and major changes in the 
welfare system. 

The president also was expected to announce a 
bold-the-line military budget that contains no spend- 
ing reductions beyond those already envisioned. 

In addition, he was sure to highlight projections 
showing the 1993 federal budget deficit at 5180 billion, 
far below the initial estimate of 5300 billion. Lower 
interest payments on the government debt appear to 
account for much of the drop. 

White House officials said Mr. Clinton planned to 
leaven his speech with renewed calls for individual 


House and Senate — which is usual in mid-term 
elections — and Mr. Clinton is struggling to keep 
those Tnaws to a minimum. 


Il appears that crime control wfll figure prominently months. 


Mr. Cfinton’s major domestic priority. — health 
insurance for all Americans — has been under attack 
from doctors, insurers and members of Congress for 


orms 


candidates but claimed by 


year backed by 


powerful mavericks in his own party; Republicans 
who have maintained a constant and broad oppostion 
to White House programs, and promised resistance on 
healthreare reform from Ross Perot, the political 
independent. 

Strong political currents will affect the 1994 legisla- 
tive debate. The congressional elections in November, 
are expected to weaken Democratic majorities in the 


in those campaigns, largely because public fear of 
violent crime has soared in recent months following a 
wave of highly publicized incidents of ruthless, ran- 
dom attacks. 

sai^Th^kyLhaT MrCIfn ton would be "quite specif- 
ic" in his approach to crime. 

"Number one," Mr. Stephanopoulos said, ‘Ire 
thinks that we have to put 100,000 police on the street. 
Number two, he thinks we have to get assault weap- 
ons, the kind of weapons that kids are using to kill I n ti s 
all over this country, away. And finally, he's going to 
say that we have to do something to punish violent 
criminals, if you commit three violent felonies, he 
thinks you ought to be put away for life." 

The so-called UnT*-snTke^andryou’rw)ul proposal 
is opposed by some liberal House Democrats who 
could stall crime legislation. 


But Mr. Clinton "wants to guarantee private insur- 
ance to every American that can’t be taken away so 
matter what,” Mr. Stephanopoulos said. 

‘That is critical,” be added. “That* s what he’s going 
to be fighting for over this year.” 

A pivotal question is whether a new health-insur- 
ance system should require employers to provide cov- 
erage, as Mr. Clinton believes, ot whether indrvidnals 
should be required to carry coverage, as rival health- 1 
care plans insist. Tbc president wants all Americans to 
be covered by a base package of benefits, without 
regard to pre-existing health conditions. Many rival 
plans call for a long phase-in period for coverage of 
those who cannot afford to purchase their own cover- 
age. An estimated 37 mfliinn Americans have no 
health insurance. 

The White House had wavered on whether to. pur- 
sue welfare revisions this year, apparently fearing that 


Shift Might Avert an Exodus 


The p resident also was likely to call for sending a divisive debate could - overshadow 

e_. -• I. M .W 1 . s mffnrSe Hut Camatnr TYmia} Potru-fr 1 


more first-time young offenders to "boot camps, 
where personal discipline is stressed, and may suggest 
ways to use military bases as regional pnsons for 
overburdened state penal systems. 


efforts. But Senator Daniel Patrick Mqymhan, the 
Democratic chairman of thepowerful Senate Finance 
Committee and a wdf are expert, publicly insisted that 

wd/are legislation be submitted this year. 





TRADE: RS. and Japan Stuck 






TENSE TRUCE —A watchful soldier Tuesday in Maseru, the Lesotho capital, after rival army camps baited fighting to bold talks. 


JAPAN: Everyone Is for Political Reform, but No One Understands It 


Gxrihned from Age X portstoJapan,andwonldtudioon- 
hs trade policy with Japan, Trea- SSH MtaVJSS? 

credibility "i* a range of U.S. 
That could lead to U.S. trade business interests wteTwaat haxd- 
sanctions against Japanese prod- and-fast trade coiSmraJs from 
ucis and Japanese retaliation Japan m the key sectorem question 
f®* 11 * 51 the United States, accord- 

S^tSS^? ti0I1S 

At isa« is the administration de- 

mand for specific goals for Japa- at the core of 

nese purchases of foreign goods the&nute— the lack of trust the 

^ bameS ; two rides have in each other. 
Although UA officials sugareoat ui nffiriri* contend that past 

agreements by Tokyo to lower vari- 
TOT^fijx “bendnaarics” ous import barriers have failed to 
and “yardsticks, Tokyo continues FO doaTthe hoped-for results beK 
to see the US. position as a do- ^ ^ ^ j^y 
mand far numerical impart targets Japanese manufacturers, 

and rejects them as antithetical to 

free trade. . So the only way to make die 

The deep divisions between the market Craly open, m Washington's 
countries are sharpened by the po- view, is to stake agreaneats that 
Etical crisis engulfing the Japanese will produce “measurable results," 
government. Mr. Hosokawa. who 5^* as the 1986 and 1991 conmot- 
has tied his future to the adoption er-chip accords that envisioned for- 
of broad political reforms, suffered eign com pppjp* attaining a 20 per- 
a critical setback last week when ant share of the Japanese market, 
parliament’s upper house rqected US. negotiators insist this does 
his plan. He has until Saturday to not mean they are asking for “tar- 

revive it gets.” But that is not how Japanese 

Some US. officials believe that officials in ter pre t it "If it lo oks Kk* 
Washington mast avoid undenmn- a walks Hke a duck and 

ing Mr. Hosokawa and his shaky qoacfcs tike a dud; then it must be 
eight-party coalition government, „ dnA " » tnp nffiriai at i)m Minis - 
It has placed top priority on such try of International Trade and In- 
Washington-backed policies as dnstiy dedared. 


Continued from Page 1 
nese — that polls suggest almost no 
one understands it 
The details of both elements are 
being fought over in the current 
battle for control of the govern- 
ment a contest in which there are 
no clear partisan lines. It wiO be 
over on Saturday, wben tbc current 
session of parliament expires. 

Mr. Hosokawa’s ruling coalition 
— a collection of eight parties that 
have sharp internal disagreements 
about the political reform bills — 
agreed Tuesday to form a special 
committee to try to wort out a 
compromise with the Liberal Dem- 
ocratic Party, which ran the coun- 
try for 38 years until it was voted 
out of power last summer. 

The chances of a compromise 
emerging from the committee look 
dim, political experts say. But both 


form effort implodes here for the 
third time, the other side takes the 
blame. 

Mr. Hosokawa was reported to 
be readying a speech or press con- 
ference to take his case directly to 
the people, an unusual step for a 
Japanese prime minister to take 
over a piece of legislation. Then 
again. Mr. Hosokawa is the first 
Japanese prime minister known to 
keep a photograph of John F. Ken- 
nedy in his office: 

Bui in parliament, some mem- 


bers of Mr. Hosokawa’s coalition 
said that if the bills fail he would 
resign. Foreign Minister Tsntomu 
Hata hinted that Mr. Hosokawa 
would dissolve the parliament and 
declare elections, after first calling 
one more vote that would flush out 
who was opposed to the reform 
bills and who favored than. 

“This is embarrassing” a senior 
bureaucrat in Mr. Hosokawa’s gov- 
ernment said. “Once we had a gov- 
ernment so stable that the rest of 
Asia admired us. Now we look like 
a banana republic." 

The most straightforward part of 
the reform plan would, in theory, 
make it far earier to determine who 
is pumping money into the political 
system. Any donation exceeding 
the equivalent of $430 would have 
to be reported; currently donations 
of less than 59,000 can go unreport- 
ed. Any purchase of more than 
$1,800 in tickets to a fund-raising 
parties would also have to be dis- 
closed; the current limit is 59.000. 

But most important, the plan 
would ban any contributions to in- 
dividual politicians. Only dona- 
tions to parties would be permitted. 
The last point has outraged the 
liberal Democrats, whose connec- 
tions to the business community — 
and abilities to fix contracts — are 
now legendary. 

Restructuring the electoral sys- 
tem is a far different matter. Cur- 
rently, each parliamentary district 


in the country has four to six repre- 
sentatives. Until the big political 
upheaval hoe last summer, when 
two dozen Liberal Democrats de- 
fected to new parties, most districts 
were represented by three or four 
Liberal Democrats and then by one 
or two members of the smaller par- 
ties: the Socialists, the Communists 
and a range of others. 

Under the new system all those 
districts would be abolished. Each 
new district — there are 274 in the 
Hosokawa plan — would elect one 
representative. And then, in addi- 
tion to voting for one parliamenta- 
ry representative, each voter would 
vote for a particular political party. 
Two-hundred and twenty-six seats 
would be decided that way. with 
each party drawing up lists of 
names of party members who 
would fill those seats. 

Almost everyone outside the 
Liberal Democratic Party de- 
nounced the plan. It was rigged, 
they said, guaranteed to keep the 
Liberal Democrats in power, may- 
be with 80 percent of the seats in 
parti ament. Faced with electing a 
single representative, rather than a 
half dazes, Japan’s cautious voters 
would choose a conservative. 

Mr. Hosokawa and his coalition 
ally, Ichiro Ozawa, have often said 
that another fracturing was neces- 
sary to reorganize the forces of 
politics. And the electoral system 
was tweaked to do just that 


The changes would cut down on pouttcats; 
the number of districts, especially er of tbe 
in overrepresented rural areas. 811(1 511111 
That meant that at least 30 legisla- teases- 
tors bolding Liberal Democratic A ITS. 
seats would have to be edged out 1 


dmunaung corruption from the 
nditical system, reurine in tbe txjw- 


and stimulating consumer pur- 
chases. 


Japanese officials argue that) 
such agreements will invariably be 
misconstrued m Washington as 
firm government guarantees, with 
the possibility of sanctions being 


A U3. business executive in To- imposed against Japan if the 
kyo who is involved in trade issues amount of foreign goods purchased 


for party nraranation. Presumably, 
many of them would defect to Mr. 
Hosokawa and Mr. Ozawa's par- 
ties, which are sbon of candidates, 
Hoe is the mystery: To win a 
number of tbe directly elected 
seats, the coalition parties will have 
to agree on a single candidate to 
oppose the Liberal Democrats, or 
they wfll end up splitting the pro- 
reform votes. Right now, those par- 
ties can agree on very Kttle. So the 
system could end up destroying the 
reformers who passed it 
Maybe that is why only 18 per- 
cent of Japanese voters in a recent 
poll said they wanted to change the 
electoral system. Many of the rest 
of those polled, in this country of 
astounding mathematical AiTl* and 
incredible literacy rates, said they 
were still trying to figure tbe whole 
thing out. 


predicted that the p r e ss ur e s on 
both sides to avoid 8 cnnfmtitgrinn 
wfll lead to a summit "agreement" 
next month that settles little — 
much like the July agreement. 

“From the begriming h was very 
dear that both sides were dedaring 
victory” by explaining the July 
agreement differently to their re- 
spective audiences, the executive 
said. And now, he added, chances 
are that the two sides win again 
gloss over their differences. 

Mr. Bentsen disputed such pre- 
dictions. “Don’t you believe it." he 
declared at a news conference in 
Tokyo. “We wfll not settle for any 
cosmetic agreement. We’d rather 
have no agreement” 

A mushy deal in February, ad- 
ministration strategists say, would 
mock repeated UA vows to create 
American jobs by expanding ex- 


does not hit the desired level 

JACKSON: 

A Settlement 

Continued foam Page \ 

Jackson met privately in the cham- 
bers of Superior Court Judge Da- 
vid Rothman before announcing 
the settlement. Before the hearing, 
a source dose to tire case said the 
settlement was “in eight figures.” 
The source spoke on condition of 
anonymity. 

Johnnie Cochran, one of Mr. 
Jackson's lawyers, said tire settle- 
ment was not an admission of gnflt 
by the sin ger. 


By Michael Richardson 

huemotiem/Hffa/dMwa 

•; SINGAPORE — * Vietnam’s 
neighbors,' fearing a renewed 
outflow of Vietnamese refu- 
gees, are giving strong support 
to the program of economic re- 
form being applied by Hanoi. 

■ As Vietnam’s rulers straggle 
to control transition to a market 
economy. Southeast As ian na - 
tions that once feared Commn- 
msts mw saytoey see changeas 
a safeguard ipimt instability' 
pryi fl means for peaceful evtto- . 

Baat C wMnMt govern- 
ment. 

They also see political, eco- 
nomic and security benefits in 
developing a dose relationship 
with the Hanoi regime, observ- 
' era and analysts say. 

By opening up to foreign 
trade and investment, Vietnam - 
pnH the other countries of lndo- - 
rfcina, T jabs and Cambodia, are 
becoming markets for ASEAN, 
the Association of Southeast .. 
Asian Nations. 

• However, the gap in levels of 
development between Indo- 
rhin» and tile ukr rapidly 
growing ASEAN group of In- 
donesia, Malaysia, the Phflip- 

friction. 

“Oar goal must be shared 
prosperity for all,” said Anwar 
Ibrabrin, Malaysia’s deputy 
prime minister and finance 

mi nt u f w 

There most riot betwo South- 
east Asias, one rich and the oth- 
er poor, be said. “None of ns 
would Eke to see the prevailing 
situation persist, where 
ASEAN grows twice as fast as 
' the other states in the region 
coUectivdy.” * 

' Vietnamese leaders are. seek- ■ 
ing 10 main tarn their political 
system while using market-ori- 
ented pnHfyg to gwiemte tfife 
economic growth Satconmw- 
nism foilea to produoe. - 

Th e y tmarf that tlif- flnmmu- 
msf Party must retain As mo- 
nopoly on political power, re- 
jecting multiparty politics. 

In a policy review season in 
Hanoi that ended Tuesday, Ha 
Dang, head of the ideology and 

Hilhne c o mmissi on at the Viet. 

timti Communist Party, said the 
party had started “the renewal 
process and it will kadtiua pro- 
cess to a soccessful oondnaon.” 

The party, which led the fight 
against fareiga farces from Ja- 
pan, France and the United 
States and its allies between 
1941 and 1975, has nearly 3 
mflhan mapbers in apopul*:.,; 
tionof 72inflhou. 

After the fall of . the USL-_ 
backed government of Sooth . 
Vietnam, teasof thousands , of 
Vietnamese fleeing political 
persecution and hardship 
sought asylum in moghboring 
countries, creating proWems for 
Hong Kong ana Southeast 
Aria. 

The outflow ended when 
Vietnam’s economic reforms 
took hold. ASEAN officials as- 
sert that growth and derefop- 
ment in Vietnam could be chs- . 


ropted by political lnst atnigy . 1 

They argue that support, 

from Western government^ 
Vietnamese femrgrfe groups and 
hitman adits organizations for 
liberalization strengthens the 
hand of conservatives in the 
party who waat io slow the pace 
of e co nomic reform on the 
grounds that it is imdenmmng 
socialism. 

On 'his most' recent visit to: 
Hanot-Lee Kuan Yew, Singa- 
pore's senior minister, said that 
the Communist Party had deep 
roots in the people and a. mo- 
nopoly on talent. “I do not buy 
the Western view dial tins is a 
Caaunmrist party on its way 
oat,” he asserted. 

However, he sad that Viet- 
nam’s ruins would become - 
ram-Comnamist as the econo- 
my developed. “The older gea^ 
eratkm may still be Marxist in 
their thwtkmg , but I don’t see 
yomigier people m thdr thirties 
or forties as firm believers in 
Marxist dreary, let alone Lenin- 
ist practices." ; 

- Mr. Lee added that be did . 
not foresee multiparty politics • 
hr Vietnam for a long time be- . 
pnwf- there was no alternative 
to the entrenched astern in 
wtridh one party was donmumt. - - 

Yet yimr. analysts and ob- 
servers are convinced that eco- 
D onricKb aafizationm Vietnam 
and China will transform the 
politics of both. 

.Robert A Scalapino, a for- 
mer director of the Institute of 
Fast Asian Studies at flie Um- 
verrity of California, Bedcdey, 
saklthatl^nmistpofitKalinstt- 
tn trims in Asia, “must now 
evolve in die direction of grwtt- 
er flexfln&iy in the fare of 
growth in e cunomic and social 
diversity, in demands forindn- 
sion in the political process, and 
in the influence of external 
trends” toward democratiza- 
tion. 

prrgywmaU and 

with experience in Vietnam say 
that despite the economic ad- 
vances that have been made in ' 
recent years, it may take the . 
country at least two more de- , 
cades to reach the level of a 
newly industrialized economy. 

In the meantime, corruption 
and abase of power are rife, 
health and . education services 
are crumbling, and the gap be- 
tween rich andpoor is grovring. 

Unemployment aim undff- 
empkryment are atunacoepta- 
bly high levels and may get 
worse d the^ government pro- 
ceeds with plans to dose moor 
ey-ldrihgS^'dxtixprisre "T" 

Kevin Chew, regjonal econo- . 
trust in the Krnda Lumpur of- 
fire, of Baring Research, said 
' thatalihough there was no mar 
jar or gaarz edppposgionto the 
Vietnamese government, aiti- 
czsmsof its policies were grow- 


^The risk is that political Eb- 
erafeatkai wifi eventually lead 
to demands for pcfitriaFfoo- 

. ficolt for<CTmn7mrt^aa^ afrec 
market to coexist,” he added. 


RUSSIA: Moscow Talking Tough 


by the singer. Contmned from Page 1 Russia and i» neighbors is im- 

“Michael Jackson has main- tense negotiations. Then there are mense. Russians watch the evening 
tained his innocence since the be- the riiattered remains of the old news and hear about Rnssian sol- 
gnming of this. matter and now, Soviet economy, a system built on diers being lolled on Tajflristan’B 
since this matter will soon be con- interdependence among republics borders, about Georgia's president, 
chided, he still mainudns that izmo- and raying on Russias rich re- Eduard A. Shevardnadze, begging 
cence,” Mr. Cochran said.. “In serves of gas, ml and other natural for Russian military assistance in 
short, he is an innocent man who re so urces. one war after denouncing Russian 

does not intend to have Ms career After two years of floundcrinjL interference in another. Often they 


ROCKET: Japan in Space Race 


does Dot intend to have Mb career 


Continued from Page 1 fessar at Tokyo University and a ^ his life destroyed by rumors Moscow has 


next fiscal year. Japan is having 

second thoughts about the shuttle. ^ ^ ^ , : 

This is in part because, much to M ° reover - “f™ 1 m 

Tokyo’s annoyance, the U.S. space “r 

station project, in which Japan is we fe". • ,v_ 

pajtidpaung, has been continually ? *S 

doubts about S 


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Cure. 

An advisory panel to tbe space 
agency last year recommended do- 
ing only preparatory research on 
Hope until 2000 and then Hw-iHrnp 
whether to build an operating vehi- 
cle. Thai means tbe shuttle wfll not 
be ready to fly until 2010, said Dr. 
Shigebmni Saito. an emeritus pro- 


rocket wfll have to be improved, he 
said. 

There are other plans for space 
as wefl. The Ministry of Interna- 
tional Trade and Industry wants to 


Lobbers’s Sooth Africa Visit 

Reuters 

THE HAGUE — Prime Minis- 
ter Ruud Lubbers of the Nether- 
lands wfl] pay an offirial visit to 


thendeckhne “"“f V ~ 

peratfogveS: domumgonthemoon.Bitttlffltis 
bnttiewbl considered even more of a long 
mtnJSn? shot than the shuttle. 

Still, even if some of the future 
emeritus pro- uses fw ^ doubtful, to 

- Japan, the Impor tant thing seems 
to be the development of indige- 
nous technology. “This is funda- 
itrKa Vm1 mental to the way Japanese led 


and innuendo.’’ these dements bade together agai 

The lawsuit filed in September which has stioed up a trooWii 
alleged that Mr. Jackson, 35, com- question: Is Russia trying anew 
rmttcd sexual battey, seduction, establish its old r egional begem 
willful misconduct, intentional in- ay? 
ffictkmof emotional distress, fraod The golf in perceptions betwet 

and negligence in a campaign to 

entice the boy last year. 1 ■— 

Based on the boy’s allegations. — ^ 
authorities in Los Angdes and San- III |KI Ilf Kki 
ta Barbara counties began a ohm- • 

nal probe that has continued for 1 - W? 

five months.. No charges have been AS JLiffrit OS £/C€T 
filed, and experts mid that Tues- _ 

day’s settlement would jnobably Comteedfrnu Page 1 

bt^ an end to tbe criminal in vesti- 03^0* communicate with the dat 
S 8 ?® 1 - .... ... bank in Strasbourg. Franc*- 


‘There’s We rayon the W. “ 5 
parnts wouril want to see tear by Trance’s GroupciBaIl,^iaIs 
child eroosed to pubEc scrutiny ^ 


about national security and tech- 
nology,” said Richard J. Samuels, a 
professor at the Massachusetts In- 
stitute of Technology, who is writ* 


and twwriifl scrutiny in a rr i m i ruil 

trial," said Peter Arenella, a UCLA 
law professor. “It’s very Hkdy die 


In Bonn, Bond Scfamidbancr, 
cretary of stale in (he office of 
lumceflor Kohl, said he 


lands win pay an ofuaal visit to stitnte 01 lecnnoiogy, wno is wm- 
South Africa Feb. 27-March 1, the ing a book about the development 
government said on Tuesday. of Japan’s aerospace industry. 


^^^^rqmsoitativesof 
toe state lacks the authority to Bun and Semens, which made the 
forcetan tocooperateby threaten- ^ banJc ^ 

mg hnn with caniempL wedCL Qne Schengto sornak 

Brussels said die group hoped to 

Pump Is Blamed The Emlpca a Pa^^t^su- 

T . • « | ing die European Cammaaon m 


PARS 1st 


CARR'S 


■EH 

ESTAUtANTBAK 


M.S-Sc. 

Residency Dales: 
Loudon 

May 15-27. 1994 
Syracuse, N.Y. 
July 17-30. 1994 


! For more iutoi ma tion. call (315) 443-3284. 

* Or send this coupon to: Syracuse University. 

I Independent Study Degree Programs, 
i ftlU F_ Fayette Si.. Syracuse, N.Y. 13244-6020. 

I FAX: (315) 443-1^28 

| Name 

I Address 

I Cin State Zip 

j Telephone and/or Fax 

J Program of Interest 



bwdjAfaKcMne ^ YM*ndfarurdi73F 
Opn 7/7 N PtiS. CASWMIl SlCVS FAA 
1. iwduMortlMn Td_- 42606026 


PARS Mi 

YUGARAJ 

bo Mm iedaaa« in France 
PARS 7th 

7HOUMCUX 

rf *• SoiA-WbI Cook do 
osrm & cmouU aa coeh do eonorA V 

Near iRvgfiM Tanra. 


PARS IS* 

IE TOITDE PARIS 

Do mft n w y S c tjrVr ynigb 

-aSlSuSSf 

Trie CC FASJ5 an lfth.loor 


In Ariane Crash 

Agate Franee-Preae 


toe European Court of Justice; say- 
ing h has failed to enforce the free 


KOU^SXma 

KOUROU, ftmdi > Gmam — oa m Sogle Emwean Act of 


Overheating in die turbo-pump of 
an Ariane rocket’s third stage 
caused it to crash with its payload 
of two telecommunications satd- 


1985. Tbe commission appears 
willing to pass toe bode for now. 


asjpst ificatriHi for its own wavamtg 
co mmitn ic a t to Westen-«j4e eco- 
nomic refonn and for its assertive 


^rune nwnU. nl ^ MX uS asseiuvc 


I Of two tdecommunications aatd- Parfiament want the commm^i^ to AITISVSSt, ■ ■ 

to spa* program 

I BMlfc OOt_Of thflf iStflatiOlL Mr. As the -^-1. 


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taui. JowiJi «k 69 Av. do VVoornM. 




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Neon3 am.lt pm-Ia*.. «MP» SortSoy. 
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said Tuesday. ‘ mark cwtoT their isdation. Mr i v 

•narod^ failed af ^laimchin 8 ibmer said he waaSto^i^ 
on Monday became ballbearings dal those countries do not fmH « - , cm P^ c « a potml 

in toe shaft of tte pump overheat- themselves cutoff any fucho'fmm days, while the 

ed, said Charies BigoTanef exccu- toe SdMmen «otm. 

live officer of Arianespace in But Robert Court, a ^““toeW«haswmn thin, frayed 

The insurance bill for tbe rocket poured odd waieroii tbekfeTS Jong <J mAdfilted^ promise* Al- 
and its payload toiah 5356 mflHon, anyeady rapprodianeni betwttim has rqxatedly 

sources at the French ^e-insur- Brttam sndtte d«Kd ftarhis pti&xs have shifted 

ance company Faugfcrc & Jothean Became Bntam has imt ■ d ™°*» ^ » dear that 

said. The rockeTS carrying a S pn f or^gi policy, as on. economic 

Turirish tdecommunications said- ^^EUcountri»“^^^f * **** macaa ^ 

hte. TurksatrlA. andji European age awayS^S&JS^toJt S^^5 C?W ^* st?flCai,l ‘ 
Tdecommunications Organization other countriracant" Mr dSH Prides andmore eager to 

sateffite, Eutdsat-fl-F5. saki. ^ • Coiat to toonioodof the Russian 




• HEX 


m'^am 

*T*.«*.. • . . 

scar s ........ ; . 




sources. one war after denouncing Russian 

After two years of floundering, interference in another. Often they 
ioscow has begun to pull some erf wonder why Russia is the region’s 
esc dements bade together again, favorite whipping hey. 

Inch has stored up a troubling Viewed firan daewtare’in. toe 
testiem: Is Russia trying anew to former Soviet Union, the episodes 
tahlish its old regional hegemo- take on a d i f f erent meaning. Taplri- 
'Z_ ... stan is widdy seen as having fallen 

The gmr m perceptions between imderRussia’stutdage.and-CSear- 

gia as having been forced back into 
. Moscow’s fold through dirty tricks. 

j/"Vfj'rvi7'DC' fo Eastern Europe, as in the far- 

■1 I I I I f rill n ! tna Soviet UmmL history has 

tau g h t Russia’s nd^ibois .to be 

ill Tljfht hi K fjtwr ““tions- Recent events like the 
Uf Xt Off ewer . December victory of the nhrana- 

ti , tfon^st pditical leader Vladimir 

Cemined man Page 1 • V. Zhirinovsky and the reagna- 

cannot communicate with the data tions last week of top economic 
bank m Strasbourg, France, be- zefonnera in the .Rns&ah cab inet 
ase of faulty software sumled have alarmed toon. 

France’s Groupe. BoD, officials . “In -our case, the danger coining 


•g, 

I' 


that we fed we should lock for 
security guarantees today,” sad 
Mr. Kahn, an economist who has 
served, as Estonia’s - ambassador 
here ance Moscow recognized the 
independence of the Baltic coun- 
tries m 1991.” 

_ In fact, toe threat of rwiw Rus- 
sian nationalism has servea Mos- 
cow arid its ftemersatdHtefl wdl in 

advancing todr own agendas. Since 
toe natinna lists drew sroport in the 
Dec- 12 dections. the Rnsrian am- 


- ' ■h . - 

■1 1 


! r to 








t^geTent- ebtajnment 


International Herald Trib me 

Wednesday, January 26, im 
Page / 



Legendary Big Band Bides^Agam 

” Scon. Dusko Gojkovic. Derek Humble. Sa- ^ 

— . . .. ^ ,1 clx.l rfnmi" w.Kvit - Ake Persson and ■ ■ ' ly-si 



By Mike Zwerin 

I nternational Herald Trhoie _ 

AR1S — There are no more big 
bauds worth mentioning and music 
not being football there never * as a 
KSfevg. in their hevday. Name 


Seoiu Dusko Gojkovic. Derek Humble. Sa- 

A9U Jimmy Woode. Ake 

Ahmed Muvaffa): Faky are onlvs^eof the 

2S5«£^cSSSffiS 

was bom in 192S. 


® kact even in urcu aw •****- ■ • — m as wni ■ ■ 1 ■ , , 

rttvwniiicn notwithstanding. the multina- Carapi's socialist father, who had been 
SS^Kfflnv Chrke-Francy Boland outfit depuiy P ma yor of Milan, spent yean on the 
uonal Kenny y^i from 'Mussolini in Germany. Sw,aer- 

S and Paris. Jazz grew on pret^ Gig, 

because he figured anything the hat 

ed so much must be O. K. The C-BBB woiua 
mi have existed withoui Campi s money. 
Se. enthusiasm and organizational acu- 
men. 


llOu&U *^vuu» ■ — — , • 

%£££ SdqSy “Htrol in alien 

U ”^ niha ims such superior, diverse, prima 
Global ^ p««iid - 
Anwri<^ British, Sweoisn. Gmwn. Jmk 
ish and Yugoslav — so many times over so 
^y«Xs®1961-1972iwas a *i«-star murj; 
acle erf logistics ana dedicauo-. . Plus - sur 
S* forsook” Clarke’s 
Seeing and the shy Belgun-bom Boland * 
heroic and ecological arrangement 10J0- 
Let’s call it the best big banc m Outer Aaen- 

^This month, a first, two of the C-BBB's j 5 
LPs were released in CD format. (There will 
be more.) Hear brainy, brawny wmposiuoos 
showcasing distinguished iatearaied tmprovi- 
SrioSraSier tharTa suing of nffc vOmA 
unconnected, verbose soloists. Tfce :mu«£ 
symphonic, a harmonious any cob ^V“n 
bmation or elements and colors. Pnnogjg 
informed by Jimmie Lunceford. the b^nd 
sounds only like itself and not the .eas. b.t 

Bailey. Johnny Griffin. Ronme 


T 


HE Voice Of America’s Willis Con- 
over said: The C-BBB “is convmc- 
ine evidence that international 
- boundaries have no more meaning 
n all to the practicing jazz musician. After 
hearing it at the Prague Jazz Festival m .Octo- 
ber 1967. the Melody Maker enue Jack Hut 
S wrote: “This is Lhe finest big band in 

eX And C finalW. after sustained high-volume 
listening while writing this. I have caved in. 
Tbe overall qualitv is greater than the sum of 
its already considerable parts. Without quali- 
fication — the Best, period. 

'“Historically Speaking {EmMlKjdun- 
wliiion of 1.000 numbered, steel boxes 
oril available (for 140 DM. abmit S80Krom 
EC’CM. Am Frankemurm 5. D-50667. Co- 
logne, Germany. 



Kenny Clarke , the timekeeper. 


The Unfinished Business of Bet raya l 

- .. Moriev — 

By Sheridan Morley 

International HenU Tribune 


The Ouake vs. Hollywood Stars 

Ain. celebrities rushed to the_ Bel Air Hotel or Mi “ looking 


the commercial London theater h^otto 
wbner at the Globe with “An Absol^Tur- 
key,” the bedroom farce that HaU hu 
wSe Nicki Fret have adapted from rey 
Din don.” The translation 
a Hvdy enough (“My wife is charming, 

► Uoti’c triumph has been to 


Daohne dn Mamin's “September Tide, 
wfocfc n£ briefly in the West ^ 
war and which was mtnguingb dismterredat 

"ft much helped by the recent hto^hy rf 
du Marnier by Market Farm. 


ed before the movie flSeas* me 

very strong: Once agamwe arc maommuy 

ffiMWMsaas 

.u* true nature of his service contract . _ 
"•toSr Khmte. But Hastings is totting 

| cormptmg effect of 
t tiu- frif^c of memory. Three actors 
‘ ^tSSaSc^t ft, 17 and Tfcto** « 

lifetime, we are asked to see a mcrocosm of the 

— - - ■ «--- — cmnft rancuL 


aau auut « * 

LONDON THEATER ... 

ss^srssssbssss 


about any of thaL It’s about a mourc. - 
lm^wito her daughters husband and ^dmg 
__ m bed with him, and so far as has yet 
happened lin thedu 

Mmrierhousdiold. Stin. the playdoes^r 
Svenl other traces of Dame Daphne: a hoore 
^Tthc Cornish cliffs, stonn clouds gathenng. 
omin ous weather forecasts. . . . 

True, the tods outside ah seem rmnarkahty 
nf Mre Danvers setting fire 


■ r- 1 


: 


of ^racier and voice and maimer 
thal^S evening becomes a riot of displaced 

an omiMl i mat |a ^ ^ outida all 

^ . Wp fare success that Hall has with instead of Mrs. Danvers seU ^ n S_ ci _ 

lifetime, we are asked to see a nnwow^— — ramiant comedy. It is also the way in which he to the furniture we get a rather more 

SfeaeBse 



Trenrtw^Jg a ij^s: 


L OS ANGELES - Ih£ # homes of 
Warren Beattv. Walter Matthau and 
Jack Nicholson were seriously dam- 
aged. Barbra Streisand lost anuques- 
CarroU O’Connor closed his restaurant in Bev- 
erty Hills. Jerry Van Dyke said ne was lucky to 

survive. r,.,.. 

“The whole roof came m on us. v an u>fc.e 
said of the devastating ^^earthquak* : last weeL 1 
have a lot of big fireplaces me Idaagfc 
they’re no longer standmg. Were ludq, tc 
alive. I don’t know how we got out 
The earthquake cut a swath across Los Aiig^ 
les that affected just about everyone, including 
imnv of the wealthy and famous. Many live in 
So hmisToveriooking the dty. protected 
h* 2Koues and® fences. Hifi eanh- 
m JteMl S ? ravaged poroo^of^ San 

jaa&jE.'fflSaaK 


ship, celebrities ™shed lo .he Bel Ail Hotel or 
m ihe unscathed mansions of rneuas. 

nSSSi and his neighbors. Beatty and 
Annette Bening and 

uated their homes atop MullhoUand Dnye. 

The houses - and Nicholson s extensive art 
collection - suffered serious damage, fnends 

^Norman Lear- the writer and producer, also 
evacuated his mansion in MsmdeviUe Canyon. 

In the Toluca Lake area of the San Fernando 
Valiev Van Dyke’s wooden house, built m 1 936 
bv Bing Crosby, collapsed when the earthquake 
sinick at 4:31 A. M. on Jan 17. 

V an Dyke and his wife, Shirley, es- 
caped serious injury because thev 
were sleeping in a four-poster bea. 
The wooden roof of the bed broke 
the fall of the bricks that tumbled from the 

Cn y^ Dyke appears in the television series 

“CMch." whichsuspended production.^ 

many other shows did, because of the eanh- 
sound stage of the popular series “Sem- 


a^sssassset 

SSr&el Washington, Who hves m Tolua 

Lake- the Los Angeles Kmgs player Wayne 
oSkE who Uves in Sherman Oaks, and Jeff 
BriSS "ho lives in SantaMomoL 
Twoleading actors m MYPD B'ue, wrams 
C.5S iSNichotos Turturro, vacated their 

aP The , St S also includes Quincy ,0 ^.^ ula 
AhHu) John Goodman and Danny DeVito. 

ftSbra sESSjo* a substantial number ^ 
antiques, vases and electronic equipment at ber 

B ^tSto I 5Sd a Daily Variety coluirutist 
lh SE5 a S6 mfllimi loss, said he 

IS} kneeled his earthquake insurance three 
deductible was oum, 

addition to structural damage w lhar 
house. Matthau and his wife, Carol los V^ 
SSptuits, and thrir swimming pool 

slid down a hifiade. 


tliat 



vour 


as well as a same — — 

depicting a world ruled by women. 
Leon GmmKmt^t on^boot md 


exx 1}-W 


il 


s’est «nth d?^ , - 

pi iSTthat GarSiSl 

• distribution d^ He cant^c 

adept at str *d^^_ the past and the CD- 

about ^ J?2KSS«d&« 5 **** 

the many - WgJJt 

says- ^iS^inthesameprog^-^ 

■ theoues - P^^r^trosoective a birthday 


Seydoux 

aP-p-s z&t£s£ 



theaters all o« 
offices tbnxiglKmt »= 

Seda fctributioD amanat . wito jdGM ^ 
Sup a laboratory and studio m 


s sseyooux, 

rto tmpmd nBton, “ auteurs 

^3SSJtKiSn«M-#- 


Sm, he looks MaA . ttmute. 

S£fS5£«r. r|^eri* mate™? ward 

where they come to deliver. 

Today, ^£i;;SS 

-American mrencs^ hawl^“ “ ol Daniel 

tad far- 

STJ65B»> 

Asssss^^\ 

; n ih«ir eariv days. 


, ryd 










mmmm 


■ v . . v ^vv - 3 ’ 


V 


for airecioi o ■!» j - 

budgpts in theur early days. 

^ and Francis veoer. «nv 

in GaunuM’s “Fanfan. 

■ c\inon aren 1 arou°“ pfgjjcc’s case far m jmcremcnetir who knew now io plnnem 10 r , lt T ; ^ nn - M own m Am 


3%SSS1i£. 

of talenC r . md to be able u> see bo*. 

.•^ra^saasu.-, sscarsssft. *.*— 

SS» s ^ here - ' 


it^ to plac-c a call aliuc* 51 

With the WoridTraveler English-speaking operator, 

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just dial the »P^^ n n l. international call you make, 
benefit from Sprints low rat ^ndy billed to your 

What’s more, all your cal s w Express or Eurocard if 

VISA- Maste^a^- vforldTraveler FONCARD 
you U%e outside the l or ^ - up toda> , >TJ uTl receive 

il mu re a I S. r ^‘ de " _ ^‘. ^,,^ 0 , s bt months. If you want 

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It easy, we're talking your language. C nf7 W 

To order youf free card, call the — ^ 

Sprint Access No mher of.hri ect Bethere^. 

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l^calli^OO® 3 ^ 643 - 

. nivr\RB' iuubC» < P rin,t ' l<w -'' 7w !? in 


o ANTIGUA 
ARGBUTWA 
tABSTWA 
BAHAMAS 
JUUD0I 
BB BM 
BHJZE IH0TH.I 
Pfp I7F (PTT RAY PH0«S| 
✓BERMUDA 
BOLIVIA 
BRAZIL 

BMnSHVWGM SUNOS 
- CANADA 
OHLE 

camg ABmw 

COlMlBUVSPMtlSfl 
+ C0SWRCA 
a-ACYWUS 
CZECH REPUBLIC 
4-OBMAMC 
jjKHttCANflffUIIJC 
ECUADOR 
+a SALVADOR 
+ HHIAH0 
FRANCE 
EEBHAMY 
-I- GREECE 
+GUAT0.IALA 
,i HONDURAS 
✓HUNGARY 
+BEUWD 
-HS8AH 
+IJNBT 
✓KENYA 
KUWAIT 

UEEHTHBTHN 
/UIUUAMA 
unanouRG 
MEXICO 
4- MONACO 
+icmrauH0s 
4 -nETHHILANDS ANTILLES 
MCABAGUA 

» MCARAGUA PUNAEUAI 
4-NOMW 
PANAMA 
*o PARAGUAY 
✓PEPU 
4- POUND 
4-PBHTWSAL 

-.niaraBEO 

4-nBOMANlA 

4-il RUSSIA 
+■ RUSSIA (MOSCOW] 
4-SANMMBM 
SAUDI ARABIA 
✓ 4- SOUTH AFRICA 

sraiN 



^ST.LUCtt 
4-swea 
+ SOTTZEHLWD 
oTRSaiMDS TOBAGO 
4-TOWEY 

■HWfTHI ARAB HaNKTB 
UWTED KHIG1B]II (MSKDHY1 

UINTHI KDGDOB (BH 

6 lflHTH) KB«»i 

- USA 

- US. VfflCBI (SUNOS 
arUHJQIW 
4-wnGANOTY 
VENEZUQ>9IGLISH 
VENEZUELA- SRAMSH 


HQ 

OOVBOO-777-rm 

022-303 -0M 

F 800 -389 -201 

1-H0MT7-8000 

078-11-0014 

556 

M 

1-8OO-6T3-O077 

0800-3333 

000-8016 

1800-877-8000 

V800-8T7-80W 

0040317 

380-D-OCIO 

980-0-0110 

163 

080-900-01 

0042-087-187 

8001-0877 

1-800-757877 

171 

191 

98tK>-V0284 

19*0007 

0130-0013 

008-001-411 

195 

001-800-1213000 

00*800-01-877 
1-800-55 -2IBI 
TT7-W2-2727 
172-1877 
0800-12 
800^777 
155-0777 
8*107 
0800-0115 
95- BOO-877- 8000 
19*0037 
08*022-9119 
001-800-7451111 
0MB 
IS! 

050-12-877 
115 

008-1 2 -BOO 
796 

0010-480-0115 
05017-1-877 
1-800-077-8000 
[H -800-0877 
8-095-1%- 5133 
155-6133 
172-1877 
1000-15 
0-800-33-0001 

gOO- 99-0013 

m 

020-700-011 
05-0777 
3 

(HBM-1-4477 

800-131 

0500-090-877 
0800-890-877 

0GQ0 -800-800 
VaOO- 0 T 7 - 8 OBO 
1-800-877-8000 
000417 
172.1877 

soo-nii-o 
800-1111-1 





































































































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fp^- 


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ni g^ g£".l# p§gj W^i' 'i.'**-^- *■■ 

International Herald Tribune, Wednesday, January 26, 1994 


-■ -f';.. 






Page 9 



THE TRIB INDEX: 114.06® 

International Herald Tribune World Slock Index ©, co mposed, o l 
280 IntemaflonaBy Investabla stocks from 25 countries, compiled 
by Bloomberg Business News. Jan. 1, 1992 = 100. 

120 : : : — : 


TFlTA 



all 

A S 

1993 

. O . 

N D 

J 

1994 

1 Asia-PacHtc 


Europe 

flflHB 

Approx, weighing 32% 

Ctoaa 12103 Prev: 121.B9 
140 — — 

Q 

Appiw weighing: 37% 
Ctosa 116JJ5 Prevj 115^5 

RTM 

ram 





l i- — ~ ~ - ~ ~ : ^ 


ASONDJ ASONU J 
«■« 1994 1953 Wrt 


North America 


Approx, winding: 26% 

Close BBj03 Pisvj 8750 

140 — 

130 

120 

110 
100 
90 

80 A S O N 
1903 

M Wortd Index 


Latin America 


Approx, wigheng: 5% 
CbS« 140.17 Piw: 14222 



Quarter 

Profitable 

For IBM 

But Annual Loss 
Swelled, Sales Fell 

Compiled bf Ora Staff From Dispatch* 

I ARMONK, New York — toter- 
Tn fflrinnfll Business Machines Cap. 
said Tuesday that it had returned 
io profit on a quarteriy basis but 

that it had suffered a record annual 

loss of $8. 1 billion last year and us 
sales were declining. 

The world's biggest computer 
maker, winch has been sheddmg 
tens of thousands of jobs aiid refo- 
cosing itself in an effort to catch up 
with a mercurial high-tech market- 
place. reported net profit of $382 
rnilHrm tor the fourth quarter of 
1993 That was the first quarterly 
profit since the second quarter of 
1992; it compared with a loss of S45 
million in last year’s fourth quarter, 
before restructuring charges. 

IBM also said it might be able to 
break even intoe current quarter, I 
the first three months of!994. 

The fourth-quarter profit resulted 
chirfty from dkp cuts in spaiding, 
jpHniW the elimination of 89,000 
jobs dorms the past two years. An 
addinonamOOO are to go this year. 

Revenue for the fourth quarter 
fell to $19.40 biffioD from $1936 
billion a year earlier. Revenue for 
the full year fdl to $62.72 billion 
. from $6432 bDhon, IBM’s fmnth 
consecutive year of lower sales. 
This trend results from transition 
in an industry that is changing 
from hi gh- priced mainframe com- 
puters to smaller, cheaper ma- 

» •_ Wtf AfVKunrlrq 


Taiwan Tackles TV Chaos 

Move to Impose Order Spurs Shakeout 

.... - . KiicinM Mi mated l 


By Kevin Murphy 

International Herald Tribune 

TAIPEI — At once daunting 
and alluring, Taiwan is a vision 
of Asian television's future: af- 
fluent audiences, rivalries be- 
tween international broadcasters 
and deep-pocketed locals, legal 
uncertainty and complicated 

politics. 

How Taiwan transforms a 
marker dominated by video pi- 
rates into a legal industry may 
r i..^ Htrflii* and cable 


mica uuu i* ‘vtr 1 — 

foreshadow satellite and cable 
network development elsewhere 
in the region, where two- thirds ol 
the world’s potential television 

viewers live. . . „ 

“It’s difficult to know the full 
picture out there, it's chao^ 
said C.J. Chang, chief of the 
cable and satellite television sec- 
tion at Taiwan’s government in- 
formation office. “New groups 
arc fanning , others want to go 
themselves and^foreigners want 
to gel involved." . , 

UntD recently m Taipei and 
other urban Taiwan centers, any- 
one with a satellite dish, laser- 
disk player and a few kilometers 
of wire could call themselves a 
cable network operator. 

At least 400 different groups 
did so, in defiance of m ost inte r- 
national copyright agreements 
and a government policy that fa- 
vored three established commer- 
dal broadcasters. As many as 36 


cable channels are available in 
some Taipei nrighborfaoods. 

Now. years of unauthorized ca- 
ble stringing and bootleg use Oi 
foreign programs may be coming 
loan aid- Taiwan gramed terupo- 
larv legal status to existing cable 
operators while it prepares io is- 
sue up io 285 licenses next year. 

But because fewer licenses than 
existing operators will be granted 

As many as 36 
cable channels are 
available in 
some Taipei 
neighborhoods. 


and with the government seeking 
significantly higher technical 
standards and a commitment of 
$7.4 million in capital, a market 
consolidation is under way. 

-The smallest operators will 
have to dose,” said Frank Fan. 
general secretary of the - Associa- 
tion of Broadcasting m Cable De- 
velopment, winch has 88 man- 
bos working to form themselves 
into a national network. “Many 
suD want to stay independent but 
riven the changes in market con- 
ditions, it will be impossible. 

In a bid to build strong net- 
works of their own to tap a sub- 


scription business estimated to 
be worth up to SI billion a year, 
some of the Taiwan's largest in- 
dustrial empires, including the 
Rebar Group and the tycoon Jef- 
frey Koo. who controls the Chin- 
aTrust Bank, have joined a fray 
with political overtones. 

Because Taiwan's Kuomin- 
tana. or governing Nationalist 
Parr*', controls the three com- 
mercial broadcasting stations, ri- 
val political parties and their 
sympathizers are scrambling to ] 
build their own cable networks. 
Kuo min tang supporters, natu- 
rally. are responding to the chal- 

lenae. . . 

•The big question is wbetner 
die government will crack down 

on the guvs who don't come in 
from the cold." said one analyst, 
alluding to reports that many op- 
erators Tearing the changed envi- 
ronment had yet to register with 
the broadcast authorities. 

To complicate the picture, for- 
eign grouns now fighting each 
other market-by -market in Asia 
to provide programs to the stron- 
gest local networks for a share of 
the profits are seeking distribu- 
tion deals with the new cable 
groups. 

Tne Taiwanese networks in 
1 mm are trying ^ their affib- 
atiocs to press for better deals 
from program suppliers eager to 

See TV, Page 10 


Investors Cheer 
Lonrho’s New, 
Bock-ish Style 

_ _ . the results 


By Erik Ipsen 

International Herald Tribune 


analysts to pore over the residue 
field all 


International Herald Tribune te qu complete 

LONDON - The reformation » 

of one of Britain s quirkiest rompa ^ new face of Lonhro, 

nies. Lonhro PLC. became almost - . g eau f rtfrej ^ analyst with 

complete on Tuesday ja^es Capel & Co. “They answered 

noun can cm that four our questions openly and pretiy ex- 
long associated with the company s 4 . - 
rounder. Roland W. (Tiny) Row- com plain when 

land, will seek retirement. company's finance director 

That move now firmly and final- “ , P , J re f erTe d w Lonhro s 

ly puts Dieter Bock in c h“8£ c {^jf^eaitive in the singular, leav- 
Lonrho. The ^year-old German ^ Rowland, who did not 

businessman is co-chief executive «r . 
with Mr. Rowland, but he shares u^***~* 


little of the actual power with the 
76-year-old founder. 

.-L. > i c hie nAW 


Mr. Bock ranks as Lonhro's larg- 
est shareholder, owning 18.8 per- 


? «r rpowerhasnow 

^ -ESTSe company an- finances. Mr. Rowland owns 63 
noSced prern profit for the busi- percent of the company, but Mr 
to SepL 30 of £172 million &ock has an option to buy dus 
($257 million), largelv the result of stake m two years, 
assn sales, which netted £87 million. On the negative side of the ledger 
What pleased analysts and inves- Lonhro announced that it naawni- 
tore, hOT-ever, was not the strength ten down the ! 
of the numbers, which had been hotel chain by £186 milhon. to a 
j ,ka tauri. hid in raise cash two 


an tiripatcdT^nor even the board- desperate bid to cash two 
room departures, but the manner in years ago. Lonhro had sold a onr- 
w^lKdosures came. third interest in that «? Coto- 

For the first time in its 45-year ne l Moammar Gadhafi s uoya. 
hiAory. the company did what oth- with Lonrho’s debt now paj 

ers have done for many years, send- nNPHO Pace 11 

ing its top officers to meet with bee LU1NKHU, rage 1 1 


d MoannuiU uiiuuan ^ 

With Lonrho’s debt now pared 

See LONRHO, Page 11 


The Mm backs i US. 


Industrial Sectors 


To*. Ww- ■ Sm dim <*>** 

erne, ii“ it450 QriMBMd. van imw ■*« 

urn* n-iww. i» laoJQ 

FM» 11738 116.43 '-ifi ” M 98<4 ***■ 

sii m 121JB0 122.75"^ ,3Ma 13971 ° 

t o MwnBflorad HoraidTrtbuna 


MEDIA MARKETS 

The Electronic 


UUias w t , 

rWngs connected by networks. 

Net mcome for the fourth quar- 
ter represented 62 cents a share, 
which was dose to Wall Street ana- 
lysts' expectations. Nevertheless, 

the stock fdl riiaipN, by as modi as 

S3 a share, after the earnings an- 
nouncement, only to regato aknost 
all of its losses after its chief finan- 
cial officer. Jerome B. York, made 
comments to analysts. The stoat 
dosed 25 cents lower, at $58375, 
on the New York Stodc Exdran^ 
He company’s 1993 loss, which 
reflected a $8.04 bfflion second- 
quarter restructuring charge, ex- 
ceeded its $456 billion loss m 1992. 
IBM said the quarterly profit 

See IBM, Page 10 


L — 

P anama’ s Uphill Quest for 

.u _r x... mfrif-irino nirccsds had been 


Noriega Assets 


By Alan Friedman 

International Herald Trtbune 

PARIS — The government of Parwma, 
frustrated at being unable to lay its hands on 

rnlHous of doQars worth 

tare and bank accounts allegedly controlled 
bv Manud Antonio Noriega, » mounting a- 
wii and diplomatic offensive in France. 

But the campaign is largely a 
battle led by Alfredo Berguido Ctomdo. Pan- 
ama’s recently appointed ambassador to 
^ice. Mr. Ganido, a potiticaUy connected 
SSrnian dentist seff-sty 
at diplomacy, said he agreed to 
bassador last year for the sole purpose of 

an interview that as much as $500 million 


worth of drug trafficking proceeds had been 
sointed to France through front companies 
Sd banking associates of Mr. Nonega- Heis 
serving a 40-year jail sentence in the United 
States for drug-related racketeering, 

Mr Ganido admitted, however, that with 
just one French lawyer, an embassy-staff of 
four and insufficient funds to afford rren a 
new fax machine, he is facing an uphill battie 
as he seeks to put pressure on the govern- 
ment of Prime Minister Edouard Balladur. 

At slake are three apartment m toe Left 
Bank district of Pans, plus French Trank 
accounts held by Pwiamanian ““Wg: 
These assets were frozen in December iw 
by Tracfin, the money l^derwg wa^Mog 
that is part of France’s Finance Ministiy. 

Sincelasi July toe Panamanian govern- 


ment has sought unsuccessfully to have itsell 
named a party in France’s investigation of 
Mr. Noriega's assets. 

Two appeals have already been struck 
down by Paris courts on toe grounds there is 
insufficient proof the Noriega money came 
from government coffers, and Panama is now 
p lanning io take its case to toe Cour de 
Cassation, the country's highest appeals court- 
T have the impression that the FroiA judicial 
system is doing nothing," said 
Form, toe lawyer acting on Panama s behalf. 

Mr. Ganido, toe ambassador, said he had 
made dear Panama's desire for _«■« 
conversations held last montojwth senior 
offidais of Frances Foreign Ministry. He 
added that he would ask Panama’s president. 
Guillermo Endara, for authorization to 


lodge a formal diplomatic protest if there is 
no breakthrough in toe near future. 

Francois Gouyeue. a spokesman for toe 
Foreign Ministry, said he could not com- 
ment on any discussions Mr. Gam do might 
have had with government officials in Pans. 

Jack Blum, a Washington lawyer who in- 
vestigated ™i«ing Noriega funds for toe 
Senate Foreign Relations Committee, said 
he had found that “a considerable amount of 
money” had been transferred to France by 
the forma Panamanian dictator, including 
an estimated $27 million that was sent by 
way of Bank of Credit & Commerce Interna- 
tional, toe failed, scandal-ridden bank. 

“The government of France has an obliga- 
tion to cooperate with toe government of 
Panama,” Mr. Blum contended. 


By Richard Covington 

Special to the Herald Tribune 

ANNES — Electronic put 


Mr. Gates and Mkracft to pKmde 
CD-ROM," he warned, ^urd Mr. Ua tes nas a 


C ANNES — Bectronic E 

dvfllrar has broken out over who wffl 

control 

-a- tor d»e 

j^Sstsmi inmi 

On one 


mSh ct^!“tta SZi, Washmpton- 
based company that is the leading maker of pa- 

untieracoShfc dink’s ^ ihSwSS 

.jMcinti” with software delivered via phone lines 


H and both teanui « 
year by American Tdqibcy 
iWarna toes, and Malaishito 


Infcamaficm Gl0 5^ JSShe video-game business, 

gSSarsaisw 

sus refits, and^ i“ SSein rt^rroducingmag- 

assaicd graphics systems 

ics Int|- ^ vjcwCaliicania. 

^^^^^cSSctadfagnewsp^® 
-Physical wpeotiMffl* w disappear,”^: 
and ma§ a ^ > 5^tl^dectrouic networks 
^ tPTsbu^ Sj^ftostribntioD." ■ 
win P r °^ 1 n SSi^m-ROM formal, Mr._Clg 
The mudi influence m toe 


its interactive video systan in CW^do. Honaa. 
Omaha, Nebraska; and Cemtos, 

“We will know more abtmtomstrat^tor 

focusing on the European market when those tests 

^S^aura Mnkk, founder of the 

use gadgets, for good reason,” he a^ertoiThey 


become a Hollywood attorney’s pirated fton ctqi. 

. “I tdQ my clients that unless you axe absol uiay 

aSBSsaiwssstfift- 

See FORMATS, Page 11 


Aladdin Rubs 

ar Disney the 

‘fiWS Right Way 

leoommunica- ^ 

mtrol" France-Prme 

id founder of BURBANK, California— Boosl- 

Washington- ^ by results from the cartoon ver- 
uaker of pa- sian of “Aladdin." Walt Disney Co. 

reported Tuesday record earnings ca 
Imo-Lifetoa, ^68.6 million in the quarter ending 
at a “personal Dec 31, compared with a loss a 
ia phone lines $96.4 m31ioa a year eariia. 
obuted direct- Disney, which recently an- 

il basis,” Mr. ^ i pr^d plans to build an amuse- 
owr, parent of meni park in Virginia, said ’ ts _^ ra * 
idience tests of mgs and sales figure did not reflect 
mdo. Florida; nsnits of Euro Disney, which has 

aliforma. been los^ money. ^ye^d“" 

1 strategy for nounced a charge of $350 m llion for 

hen those tests the park near Paris. 

The company reported sales ot 
the video game S2.72 bfflion, tip 14 percent from 
ana president the similar quarter last year. The 
scoffed at toe quarter ending Dec. 31 is the first 
op box. . quartaofl994Enan^y^ Op- 
of these multi- dating profit rose 26 percent, to 
isserted. “They $624 million, 

little indication Films, videos and related proo- 

d, and I predict iicts posted strong gains. S ales w 
wple fight it out films and cartoons rose 18 percent, 

to $1.4 billion, and operating profit 
onlroversy that in that division rose 45 percent, w 
onfereoce. Ridi 5340 mfflkm. The results reflect toe 
multimedia is a success of “Aladdin. s 

l disputes. With highest-earning animated feature. 

: CD-ROM, one of related products rose 22 

ring could easily percent, to $531.9 

mated film dip. operating prefit rose 17 percent, to 

u are absolutely S146 million. 

aion, don’t ask,” Revenue from 

tainmenl lawyer rose 3 percent,. to 

kbaII bat their operating prtfit rose only 

^ 1 perceni, to S138.1 mfflion. 


Banking Clients Have Always Expected 
Outstanding Personal Service. 
Today They Find It With Us. 



jan.25 

, n .e |e YM Cl PWtfa 

Grow R"*** DAL FJ=. U" “f[ uw TW*. t»*. 

* inw U0 oira um »J3 

, „in hi— w m um imj* 4tu . um isw* i» lbs* 

** — ***- .VS, sS» tim ulus .was vut 


CURRENCY A INTEREST RATE S 

jan. 25 Eurocurrency D*po*lt* 

swisa 


D uring the Renaissance, 
misted advisors helped 
administer the finances 
and protect the interests ot private 
individuals. The role demanded 
judgment, commitment and skill. 

Today, clients rind that same 
personal service at Republic 
National Bank. We believe that 
banking is more about people 
chan numbers. It’s about the 
shared values and common goals 
that forge strong bonds between 


SSSn S s S»g5SSS?-J5- 

E£ w SS S3 £ s a 1 ®™'™ ss 

JJ«« uw* WJ* SS ygL £ S u» U«’ «n 

SS***" SS *0“ ^ iw urn* u! nw* — m ' 

5S> rt i5 IS se: SS 53S- — »»•.«» ro*»- 

^ to*" 0 ***’ ^ 

CktsteS in AtnsItrdaaL u*** __ ^ NA-‘ aet 

rates at 3 Pf*- ^ K jo Wt"* 

a: to bur *»#***• 

ovoBabit. 

OB»rD»ltarV^*“ ^ SES* "£■ 

NT* 2SWJ SmSi* T7S» &M-M| 

Q * T * OCT — CL9901 TJ» 752 Swed.fcrQ«r mts 

uiD4 HW 1 *? . I0t» UM TShMUt 3W* 

yyhL. 1231 sra* not twMi. »» 

mvs was TortBaaru tsm. 

Ibl!l * fle flg - -*383 taJe-HH** 0JWB port - M] 2,, |nT>n n uJUEMrtan MW 

2SSISS ‘S *» SSS5 

SB*-* 


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1*4 to***"** 2,1454 

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, cndtwvm 02M» 

t tatt w tS va 

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feimunwr — rrrnctl 

rvMnrt Fr£c Steri"* P"*" 6 Y “ l ECU 

DOflW C>Mart F 2VO-2V. 6^^ 

Smoans 3VS^ »» sV.-5% V** 

;sr sr sss ss — ** ^ 

K •* Money HR*#* BflMa „ | 

united states ^ ^ g S 

rrrlT W® ?iS Cril«*"* T ■ ... f* 5 ^ 

\ji rn ^SS 52 S S » 

Ss.- . 1 I £<=■“ 

frnwaanwMnMhffl "j JJ4 Egg „ ^0 u 

T^tar TrwBon-brt U5 iBiorwotton «t» ^ 4 

1,001 TwimmfMte 5^7 SU4 e 

^yMr mmprrMW 5^4 SJl ts t> 

YWf THBWtl * S3 SJ0 JHBBrthWtfWt 4J0Q 4J 

WYMrTrtBawVWj* ^ 430 44l- ^ihwt*i* ^77 Sj 


banker and client. It’s also about 
building for the future, keeping 
assets secure for the generations 
to come. 

This client focus has contrib- 
uted to our leading position in 
private banking. As a subsidiary oi 
Safra Republic Holdings S.A. and 
an affiliate of Republic New York 
Corporation, we’re part of a global 
group with "more than US$4 bil- 
lion in capital and US$46 billion 
in assets. These assets continue 


to grow substantially, a testament 
ro the group s strong balance 
sheets, risk-averse orientation and 
century-old heritage. 

All banks in the group are 
locally managed, attuned to 
the language and culture ot their 
customers. They share a philos- 
ophy that emphasizes lasting rela- 
tionships and mutual mist- Those 
values were once the foundation 
of banking. At Republic, they 
have been and always will be. 


republic n/otonalbmk 

OF NEW YORK (SUISSE) SA 


/we tf ?£ l > k!S£«* l * p - 

>ux«i.- aamce 


»*** SSE— 

TJS! 152 — - 

^ i^ji* vaS \ a ** 


imM unj ran* 

11139 11UD 1110 


ran: /W» fresaa 

txnoma: imp tSD*/- 


3am i«i 

rascowd rwlv 2W 1 ^ 

CaHnMMV 2h 2^ 

J^nooth ip — — r 1 ik 1* 

VXS25SS*** « “ 

ggWWt ML t» 

Lombard role ^ AJB 

COB tnoort * » 6.18 

wwrtfctaww* jjo sis 

3-ntodb hrt WWw* . 570 145 

WWd** £77 S73 

MltWBrt 


S ™ „ _ £20 420 

jntenraotioarats iK 

CaUm^L^. tPft « 

™£K253t 6N 4*. 

4J0Q U» 
uaotan. BUorMoro. Merrill 

°°“ & si ™ 

*0* S moo +30 

J 5 SU SS SS + s 

US.daMSl*'""** 
to PM- 1*" *** OMm tFCtXJ 

Soorcs: Kmdf*- 


A SAHRA avih 


TIMELESS VALUE S. TRADITIONAL STRENGTH. 

SS ■ NASSAU . MEW rOBK ■ BUENOS A.RES . SIHCkPOfiE ■ TAIPEI - TOKYO 







Page 10 

MARKET DIARY 

Yen and Mark Take 
Bite Out of Dollar 

CompHed by (fur Staff From Dispatches reports failed to push the dollar 
NEW YORK — The dollar lost The U -S- Conference Board 

ground against the Japanese yen ^d Tuesday that its index of oon- 
and the Deutsche mark on Tuesday, sumer confidence rose 3.4 points. 

The yen rallied as Japanese stock to 83.2 in January, 
prices recovered on news that the “Xh c report is a little softer than 
Japanese government and oppoa- market expectations, though over- 
_ __ all a rise of 3.4 percent is still en- 

Foreign Excname couragLng." said Brian Hilliard, an 

lion parties had agreed to try and fonomhi at Sodtit Gtetole 
reach a compromise on a political Strauss TurabulL 


INTERNATIONAJL HERALD TRIBUNE, WEDNESDAY, JANUARY 26, 1994 


V* tawoM PrM* 


• • — 46 f: ; v"' 


Dow Jon— Average* 

Om HM Lm Lax On. 

1MM BC5J5 *30653887.18 309*34 — 1755 
Tram IS IS. 73 1*77 61 100*28 1 SOSAS — 1030 
Lrts 2166S flat* 918.12 217.97 -086 
I Comp 1414.lt 741828 ,40856 1*11.16 — SJ5 

i Standard & Poor's Indexes 


EUROPEAN FUTURES 


HM low prav.Oau 


COCOA U.CE1 _ 

starling per manic ton-lets of II Mi 


industrials 


II.S./AT THE CLOSE 

Indicators Show Strength 

WASHINGTON ( AP) —Sales of previously owned homes shot up 6.7 * 

percent ^ December to a monthly reconi hdpmg boost ptm^es of 
m iqoq to a 14-vear hiafcu -a tewfe group sard T\wsday. 


..... TCt/Sfc >«:■ *V: 


j 


I ndtatr fcds 

Trams. 

U Hll Dm 
FbtaTC* 
SPSOO 
SP100 


Mar 

918 

920 

9ft 

914 

NA 

NA. 

way 

917 

918 

924 

917 



jgi 

W 

980 

935 

927 

g. 

- 

Sop 

941 

wy 

V* * 

m 

— 

— 

Est. volume; 

; 4,620. 






- - low uni settle CUM Siting homes in 1993 to a 14-year high K - . . . - 

ESSSJr&m ** cmmim t«» Aflre^ns of the country saw gains, ^ Jot 5ecffl^v and for toe 

$3 tS5 £3 ta year. T^Nitional As!»cia& o n<rfR«dtoc^^ tw^d 
iS2 kmo i*£§ iSs +?» unitsln 1993 a 7 9i>ercratjiHnpfrcimtoe3.52imHkm sale ayear earner. 

m its ft! its Bf 


HM LOW data CMa Mp ^ ^ w 

SSI .18 MAO MSB —151 
44452 44040 441.15 — 242 COFFEE ( ICE) 

15454 16*32 154.14 4 Ml DWMlper ra8*rtCfwHol»0»5 lom 


4477 44S 5461 -CUI2 JOB 
47255 470-27 47W2— 1.85 Mar 
<3429 43X58 <3*40 -0J1 Mar 


1,171 1.178 1,117 1,185 NA. NA OCf 

1.185 N.B. 1204 1,184 — — Nov 

1,187 1,1® 12D3 UN - - Die 


reform package- 


The British pound stood at 


The dollar dosed in New York at $ 1 . 4955 , Jiitle changed from 
110.935 yen, down from 111.650 $1.4945 a day earlier. 

tmg Hosokawa will puD tagwra- L4664 Swis5 francSt from 1.4668. 


mmi 


jt= 


NYSE Indexes 


won low 

Composite 261.92 260JD 

Industrials 82135 JH.lt 

Tronsfk 2BCL2D 27731 

U«tv 22232 22134 

Financa 21*28 31754 

Last Ow. 
8*1.13 — A62 

XW1--K -4L84 

27863 —1.98 
221,05 —035 
21760 -027 

NASDAQ Indexes 



or 1,187 1,1® 1,203 1,116 

91 U77 U80 1.188 1,174 

» 1.180 1,TB5 1,1*2 1,1 S3 

ov 1,190 1,185 Lift 1,184 

Ol 1,180 H.Q. 1,1ft 1.182 

Est. volume: 4500. 

HM Law CtoM 


14UB U3J5 15109 152,75 +025 

14105 1*4/30 15*75 U*2S IWKfL 

1*575 14575 14475 14423 —025 

14875 14830 14450 14825 —450 

15125 15L2S .15125 15125 —050 

15375 15375 15175 15325 —OS 


■ — m auuuia wjiwuuv ^ — ~ * . , ,*« „ „ i__j 

^ in six years in employee &mge-bgrtfitc(»g. 

z 8 £ hold the increase in compensatum for woiteis to 3^5 poc^ tettyw. 


f t» , 

« jj |h 

*>* 

l t rl \h 

At 


1 nS 1 mx U*m — #jI far rtw» ri»rri straight month. The Qjnfcrracc BoanLsaHi its uufo °P 

. vohim*: 1040*. . oeen mtiu 5 n 3 a t0 {pT hirfifts t since a rearKna of 85.6 in September 1990. 

thftT^us Bnreau'iBDdrted thatltarifl wxthef theava^e 


— BREMT CRUDE OIL (IFE) 

1 1LS. Mon par tamHatevt MR Mrf*b 



2 SIJB + djs 
76 2 . 00 + 180 
Est. vofcjrrw: 1.12a. Omn Int.i 12268. 


Mar 

K2S 

1199 

UM 

14.14 +065 


14JI 

UM 

1159 

1460 Ltach. 

Manr 

74.76 

1333 

100 

U60 — 069 


1420 

1432 

14.12 

14.13 —8.10 

Jut 

M61 

1426 

7434 

u» —an 

An 

1434 

VL53 

1*53 

U42 —068 

Sep 

1456 

U5B 

145B 

1457 —069 

DO 

H.T. 

N.T. 

N.T 

1*31 -MS' 

NOV 

H.T. 

N.T. 

N.T. 

1462 —0.15 

Elt, votam*: 4B.902 . 

Opeotat. 1443H 


mem together." said Jerry Egan, ‘ , 

managing director of foreign ex- * pensmally thujc mrwj market 

change at MTB Bank, referring to playere wffl oral to keep thorpow- 

theSbattled prime minister. der dry fm tta rdease rf tte GDP 
The U^. currency finished at report on Friday, said Mr. Hilliard. 

1 .7484 Deutsche marks, down from The founh-quaner gross domestic , 
1.75 1 1 DM Monday, amid specula- product report is due Friday, 
lion that the Bundesbank is con- The Australian dollar surged to I 


MYSE Most Actives 


a- su i- axai 
Fmanoa 
Tronic, 

vwnites 


79022 78153 78408 -AM 
827.11 82127 824.14 — 3.13 

4*753 49X77 49X77 M CflnRMOUv 

aS^Aft ssr^u 

TmS 755.95 7 6924 -05* ALUMI NU M (MOt t CraM) 

1818 * 1792* 100 A 9 — 150 Doflcn per met r ic too Cape*r^*ctro«rt 

Swf UWX II87JCT 117150 1T71H 

Forworn 120*20 120520 118*20 119OJ0 tl“ d ' 

>ck index £9.^ R C ATKOp es iHhiPOraMj 

tc*. mow Ddlon Mr metric too Start (scrwi.mn 

— — — — — spot 185159 1859^0 184480 180.06 TUV* 

Mrt. a— a- 1»LR iSa umS a«c» ■ 


Metals 


Spot C o nucH Ott es 


cerned about the mark's weakness. 70.90 U.S. cans from 70 JO after the 
The German currency has fallen Australian treasurer. Ralph WilHs, 
almost 10 percent against the dollar 5 ^ the govomnent would release 
since mia-October, and traders revised growth and inflation f ore- 
said there were signs that the Ger- D ext week that reflect recent 
man central bank sold dollars on better-than-expected economic 
several occasions 10 stem the slide, 

Meanwhile, positive economic (ArX, Bloomberg) 

IBM: Profit Recovers but Not Sales 


VOL Moll LOW Ln« 0*9- 

’52ES* $Z *15 AMEX Stock Imtax 

18^ IBM, «»*fc - 

fa5 nw ~-w HMh LB- uwf a». 

2 £f & S5 

Em r* fla -J* i 1 

JflS -?5 Dow Jonn Bond Avaragei 

22C60 20% 199b l« ♦» 

713*1 B TYi 7JJ — M __ 


Coffee. Brnx,lh 


Zffi IRVING. Texas (Btoombcrg) — -Bnoa Ccsp. smdTtoday Aatits 

m f<sirth-quartaiKtpi^t rose to$l^l^cmfn^$L4bflfiatt. Sales c5n*ed 

to S2?3 Wtoi from 330i billion- A lriwurii crude-^1 |«ces weakamd ,- 
— E^sadiibtaeM&amrediicfidoostsfeittf^ 

Separately, Mobil Coip. said its profit from operations for the fourth 
~ quax^xose to $602 nriDim from $7S2miIIioiL For 1993, net income rose 
0^2 to$2,08tnHiai from $862 million in. 1992. MoMialsoated the ben^isirf 
qms reduced, energy pikes for its downstream operations. ‘ 

^ Chevron Corp. said profit from continuing operations fdi to 1515 
„££ miDion in the fourth penod from $542 mfflwabecanse of low oil prices. 


MorLMtS 20 ITS 4<m 39%% 391b — Vb 

1®SS5 S5 S55 


AHEX Most Actives 


20 Bonds 

10 util if las 
10 Industrials 


Market Sales 


_ Stock ludote* 

EM OoflmnrmcMctH SSWUS® 

* B- ■■■m-glEsa =u 

_aa S^^"wll20 O SStL0Q «*SU0 4MS00 5< ^ 3t - vdun>«”'jx*3*. Opln 

+ 027 501 M° SUOJB S mrrms : Rsotars. MotU, Asaodofd Pnaa. 

Scot 99720 99820 99730 99820 

Forwort 101720 191720 1M7J0 101400 ' 


VoL Mali Law a*. nyS£ 4 pjn. votume 

OieySfi* 15134 341b 33 Mi XM *1M NYSE crwv. oera. daaa 

TopSrce MW ttl St 6Jft -4a Amex 4pjn. volume 

tiSiecy B379 131% 13% l»b - Am crav. tom. daw 

Ampcdun 52BS 13V. 13 13% _ NASDAQ 4 DJTLWlUme 

S^ST Tt ^ 6V> 15 -5 NASDAQ m.V^AiTLVPlvma 

SSS 3893 9* 2J 7* -55 M.V«S.E» Odd-Lot Tradtag I g 


Cootianed from Page 9 


the problem of selling more sys- 
tems in the face of declining 


showed its efforts at cutting costs, prices," she said. 

restructuring and shifting direc- The company said its overall 

dons were working. gross margin in the quarter was 


Mr. York said the IBM Personal 38.2 percent, down from 39.3 per- 
Compuier Co. unit sold nearly S3 cent a year ago. 


3419 81b a e 

sfai 6%° 6$% 

3015 47V4 47Ya 47Y n 
25*5 23 Ml 2314 3Mb 


Up 


Buy 

Sales 

Short* 

—•ft 

Jan. 24 
Jot. 77 

97*028 

1604357 

13ZZ329 

1697610 

29603 

1 aja 


Jan. 20 

1684327 

138*523 

29660 

+ 1 

Jon. 19 

1682608 

1536651 

32535 

Jan 18 

161*727 

137651, 

3*447 


32409x000 ■ ■ ■ . . invravnos 

rtiSg Rnanctal 

2U7)vus Kta 0 Low Clna Ctawa Coraamnr 

SSSS ^ T !US% I K CUPPE5 6MMl ^ 

_ Mar 9*22 9*57 9*47 —402 | pe AfcB 

•acBna Jon 9*92 mm 9 *» —mi SKHiSS/SSS 

Sea 9*95 9*92 9490 -UncA 

a Dec J**3 JCJO 9<92 +0JJ1 Wstn BkCoai Bar 


' TmeChief Doubts beagram Takeover 

Stock Indexes ■ MIAMI BEACH (Reuters) — The chainnan af Thrie Waner Ina, 

Gerald Levin, saidTbesd^betfid not bdieve AatSe^sm Covffittod^d 
M«r &oa 34440 34S2J -370 tr, ittwnpi m arapiire crnitroi of Time Warner, and added thftf Seagram 

»5 X hub =ao exeoSvK woddnot be invited to join ‘Cme Wamcfs. board. 

e*t.votun>«: 1X834. oow tet: 7 xoo 7 . -^w stated they bought the Aaiis for investment purposes," 

MtSifSld n^”e8BrioJ. * J}» « Mr.wf 
tmPrtn^nEjMm. Seagram has acquired about 1 1 percent of Trme^ Waroer^tocfc . 

Dividondt f^nivia ^7mniAtL.T ^IuIac 


CORRECTION ' 

■MK] Me'AM x a% 3-11 ' 841 

S5?ffS5, , K^r 

WMn BkCboi Bar . x 2-14 M 


Merck Gains, Warner-Lambert Slides 

WHTTEHOUSE STATION, New Jersey (Bkxxhberg ) — Merck & Co. 


rnrid Tuesday ihat fourth-quarter income rose II pace 
Merck, the workfs laiwst (hug conqany, said net 
$6742 mitt in n, from $609.1 mflEon a year eaxiicr. Far 


^ w W] +401 x^iyff yfeya m»afc >ni i>a w 9d i d M - i nB a7Tb rose to $2.17 billion, from S158 -bBUon.' 

1-am i*o<* dfvMand S a tJI com aovatanL cir 


billion of personal computers in the 
fourth quarter, up 33 percent from 
$? -7s billion a year eariier. Sales of 


( Bloomberg, AP) 

Stocks Take a Tumble 

Rising Treasury-bond yields and 


HYSE Diary 


Decfined 
Unchonoed 
Total fewas 


'inctonat tn the sates ftyvrcs. 

SAP 100 Index Options 


S4* 9*48 ?*AJ 9U7 -I 

Dec 9*33 9*31 901 ■+ 

AtaT 9*19 94.1J 9*.U U 

JOB 9*04 9*04 9*03 -9 

Est volume: 42J7 B.Ob*i mfc; 428.739. 


9*47 +(UO 
9*31 +0JE 

H,U Unch. GofixflvcQ Ira 

+M1 dSSTS ott 


Elsewhere, Warner-Lambert Co. said ft 


mainframes, the big machines that 

ta ^SrSovidni mos. of IBM-, mata?:, about corporate camrngs «- 


for yean provided most of 
profit, kept falling, however. 


sent US. stock prices iowa - , BJoom- 


For toe ciLiTMtquartCT; toe com- ^^^rqxxtei 
my might be able to break even, 

r. York said. In the first quarter age feD 17.45 points to close at 


pany might be able to break even, 
Mr. York said. In the first quarter 
of 1993, IBM reported a loss of 
$285 million. 

IBM said its global payroll fell to 


1LY. Stocks 

3,89534. Its dedine was led by 


256,000 people during the fourth IBM, Bethlehem Steel Corp., Cat- 
quarter, 45.000 fewer than at the crpillar Inc. and Boeing Co., which 
end of 1992 and nearly 40 percent reported a 15 percent decline in 
below the 1986 peak of 406,000. fourth-quarter profit on Monday. 
The company said it was on track Boeing tdl \Vi to 43. 
toward its goal of trimming the The Nasdaq Combined Compos- 
headcount to 225,000 by mid- 1994. ite Index fell 4.27 to 78639. fueled 
Some analysts, though, were not by losses in large technology stocks 


Ann Diary 


Total baies 
Now HWa 
New Lows 


NASDAQ Diary 


881 934 

■208 1206 
661 419 

2750 2759 

64 106 

4 34 


375 334 

213 239 

833 858 

18 27 

9 8 


1380 1360 

1691 1706 

1690 1094 

4761 4760 

93 134 

41 41 


SM» 

Price Fee 

CaB^Lsti 

Mor 

F*P 

N 

M( 

tvLnd 
r Mr 


JD 


_ 

— 


ft 

ft 



2K 


_ 

__ 



% 

— 


JR 

— 



— 

ft 

% 

1ft 


3K 

mm 


_ 

w- 


« 

— 


*88 




a 

«b 

% 

% 

1« 

2% 

AB 

— 

B 


— 

ft 

14 

7% 


*10 

— 

3M 

WA 

Jl 

ft 

m 

Zte 

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m* 

71 

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430 

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Crtb: Mu WLRJ67; Mol wen ML 3010 
Fart: mm wi BfcW; wol wen u. 30361 

Mb 0 k 91 DkH dkK okH dk» DkN 

JM - - — W - - 

41 - - 1* ra — 

Oh - - - IX » — 

41 1« - — 24% » — 

Crtk: Mrt WDLMI: total O0M Iflt MU 
PKe total VOL Utfctok* mi taL MUM 


XMONTH EURODOLLARS CLIFF EJ 
n milllea.pfeef TMoct 

Mar 9*65 9*6* 9464 —Ml 

Jew WuM 9635 9634 — CJO 

54P 9605 9404 9404 — 002 

Dec N.T. N.T. 9X65 — 0JS3 

Mar N.T. N.T. 9X49 —005 

, Jan ' 9X27 9X27 9525 —CLOS 

SM N.T. N.T. 9X05 — 0JJ5 

ESI. volume: 435: Oaen tnt 104a 

^i^5§y,g?y uppe3 

5 S? as sa =ss 

Sep 95.19 95.10- 9X13 —8413 

Dec 9560 9522 9533 — Offl 

Mar 9X56 9567 9X51 —003 

JOO 9562 9X55 9 Sl 5» —032 

Sep 7560 9555 9557 — 022 

DK 9553 KM 9550 —US 

Mar 9564 95J7 9540 —002 

JIM 9X28 9X22 9524 —003 

6s». vahan: 11 L4BL Open Int: 871911. 


LONG OlLT (UFFE) 

■90808 - ptS A 3MS Of 1M PC* 

Mar 119-28 119-10 119-15 —8-10 


Rtf Seoir Corp UT 
RtpubncGvBRim 
VAaMnatan MuftSv 


Q m 2-14 3-14 

Q JDJ 4-15 5-28 

Q _26 2-18 37 

Q JM MB V15 

Q -M KH 3-15 


: from, a year ago, 
rota moened to 
hr year^ net profit 

x imxone feD 14 
a stronger dollar 



§ “ w* ” WASHINGTON (Reuters) — MCI Communications Cmp. and 
? m m « Grupo Pinandexo Ran amex- Acd val. Mexico’s largest financial group, 
"vro said Tuesday they would form a joint venture to provide long-distance 


parent amiri nmnnr«rhiCTig problems in. PndlQ KiOQ, A Stronger dofla 
and stagnating drug. prices. . r.V-_. 

MG Sets Big Joint Venture in Mexico 


1 


q .n: mi 4* 
Q J1 3-M 4-1 


-1 2 2% M5 1 services in Mexico. 


o m ^ 3-2 MCI said thatits cash investmeat would total $450 nhlEcm over several 

q It? ^ ms years and be used to baBd a fiber-pptu; network in Mexifca \ 




.14 Ml MS 

_ JM W 2-22 __ 

8 JM 2-24 3-15 VL 

515 2-7 MB “ 

Q .175 2-11 3-1 

SPECIAL / 

Thomson Advisory . 5 M M0 the 

stock - dm 

First Source .3% 24 2-15 . ( 

stock split " rvj 




GERMAN GOVERNMENT BUND (UFFB) 
DM 258608 - Pi* OMHPCt 
MCT 10021 99J5 9961 —822 

Joa 180.15 9925 9920 —022 

I Est. volume: 77X304. Open InL 168577. 


WarmingUp for ’Coca^laBigTV’ 

ATLANTA (Bloomberg)— Coca-Cola Co. wiB not advertise during 
the Super Bowl, but instead laimcfa a short-lived cable television network 
fiutitiiopawinalWhtoc^^vUweraih^Oii^i^lKBiiK 
• On Thnreday, the worid’s biggest saftdraik makex wiB knnch Xoca- 
Cda Kg TV” a $12 million expeadmedt &at wSj>rodnca reports for 
several hours over four days about tl^S^erBowi and the tdayera. It will 
provided to houseboldsspbscraang to ^pcrtSouih and Ptnne ^xseta. 


UOVRH*^ * 


sure IBM had done alii should, such as Cisco Systems Inc. Intel 

“IBM isn’t in for minor surgery. Corp„ Apple Computer Inc. and rTTV7\ ryi • rj i 

It’s in for a major turnaround,” Oracle Systems Coip. A T • XCULVOQH UTlU 

said David Wu, of S.G. Warburg & More than 10 stocks feD for ev- ^ „ _ . „ _ . . . , . . . . o — o 

Co. He pointed out that sales and eiy 7 that advanced on the New Condoned bum Page 9 {YB s mam rival, SIAK IA', Local advertises say they are International tdecommumca- the largest single owner. Hw campany said the new investors were 

administration expense rose 11 York Stock Exchange. Volume was reach the country’s 20 million view- which Rupert Murdochs News eagerly awaiting the arrival of new tions companies see potential in the injecting $IZ5 milSan into the airfine. 

percent even though the number of a heavy 326 million shares. era bought m July last year for marketing niches that better-orga- new netwoiks as wdL While for- _ ' , ; • ^ .. . 

employees shrank. Long-term interest rales, reflected Hong Kong’s Television Broad- reem^ racoon- mzed [cable television should pro- dgn investment in caNe operations MaiTfilla AnvanffiS. l^r ilfflTnflTI Slips 

Mr. Wu also was surprised by the m yields on US. Treasury bonds, casts Ltd. stole a maidi on toe twed difficulties with its Taiwan vide m one of Asia s most affluent ^ restricted to a small ‘stare with rftrptoa ii._ i_.ll lL f-i!.. ir_. tL . i- r- -T m Li i 

4 percent drop in IBM’s sali in rose after the National Association competition m July last year by adverting rales agent. w. -n l. joixit-vmture partnos in individual, - C ° r P- ,f 1 f d 

Am, whm «aonrtmies other than of Realtors said home resales last creatine a distribution and produc- Satellite Television Marketing. * “With cable, advertisers will be . , _ . 'iwsday-maf ivw th^Uflrterpn^fio*H»<jW3^K«s^^ 

JmiiaretoriSig. y«ar were toe strongest in 14 years, lion network with 50 of Taiwan’s backed by Mr. Koo, has broken off able to look at Taiwan as more than SI 18.7 mmo^froiii575.7iiiflSOTa yem-e^^^^^bybetter resohif 

Marianne WoS, of Pnidential That sent the yiddon the bench- largest cable operators, which a Tour-year contract 15 months into otc market,” sard King IfL maa- nev^todess prepanng to compete mtoe^a^wswn. V ; ^ J 

Securities, was alarmed by the de- mark 30-year bond to 6 ^4 percent, reach two- thirds of toe country’s the agreement. STAR TV has set aging director of Saatchi & Saatdn in Taiwan s now^dosed telecom- Mranwlnl^Gniminan Coip. reported ana loss tfSZSJnilhonm toe 

clinteg sales. “The results highlight up from 639 percent Monday 1.8 million cable households. up its own sales office in response, in Taipei. mumcations maricet fourth quarter because of restructuring oosta , 


n0Mm * d - provided to lwosebolds spbscxaiiiig to ^pcrtSoato and Ptmm^xsns. 

Lorenzo Presses Effort on New Carrier 

mwaa-y, wn i NEW YORK (AP) — Frank Lorenzo has reduced '.bis stake m Ins 

fied^uog mrfine efleat, tentatively named ATX Ibil, to less than 25 


'■ 

STS 1 ' "" 
»ts“- - r,; . 


TV S Taiwan Undertakes a Major Reordering of Chaotic Television Industry wvvai far 

^ ° 7 J AMtoogh 19 new i nvest o rs are joining toe agfine^ Mr. Lorenzo is still 


employees shrank. 


BETHESDA, Maryland TBioomberg) — Martin Marietta Coip. said / frzz 


Vsci :- • 

ss.^n • ' 

ia h .V • 
fisr...x* " ’• 


WORLD STOCK MARKETS 


U.S. FUTURES 


Again Franco Prom Jol \ 


Amsterdam 


ABN Amro HW 
ACF Holding 


Aka 
AMEV 

Anua Rubbnr 
Bob-Wextonen 
CSM 
DSM 
Elsovfer 
Fekhor 
Gtsf-BroaxUs 
HB fi 
Halnefcan 
Hooaovens 
Hunter Douglas 
IHC Colonel 
Inter Mueller 
Inn Nederland 
KLM 
KNP BT 

NMllovd 
Ocn GrlnJen 
PajdHMd 
Phllto 
Polvwam 
Snfteco 
Roaomoo 

HoUnoa 
Horen to 
Roval DuItJi 
Sleek 
Unilever 
VanOnuneren 
VNU 

Walters/ Kluwer 

gsxstm™ 

Brussels 

Agic-UM 2775 

AG Fin 2990 

ArtJ*d 4295 

iSSrr 

Cockarlll lta 

Cobeoa 5770 

□elbalze 7500 

Elodro&el 6480 

GIB 1*54 

GBL 4060 

Gavaert 9200 

KreiSetbanfc 7690 

PeJmflna 1Q55D 

Powprfln 3530 

Royal Beige 5960 

Sac Gen Banaue 8990 
'SacGm BeftHai 2690 
Safina 15300 

Sahnnr 14975 

TrpcfeBei liors 

UCB 24650 


Season season 
tfigh Low 


r*s 

i«j* 

Opsi Mah Low Ctase Cha On*t 


am Open Mrti Low Ctee do OpM Wi 

9.17 MW 95 1021 1076 1074 1028 +80C 3JM 1625 


HelsInM 



Accor 
Ah-LkiuWe 
Ataatrt Atettiam 
Axa 

Banco Ire (Oe> 

BIC 

BNP 


B5N-GO 
Dj^foar 

Cams 
Charaeun 
a monte Franc 
aubMed 
ElFAquftalne 
EH-sanafi 

9415 94ri SS"S?2 eV 
1923 19-0S HW-f 0 ” 


-Loforoe Cappee 
Leg rand 
Lyaa Earn 
Oreal IL’) 
L.V2AH. 
Matro-Hocfiefte 
MIchellnB 
Moulinex 
Parlbos 
Poditner Inti 
Penxxj-Ricard 
Peuaeal 

HoattnecmKjuc 
RtvPoulencA 
, Raft St. Louta 
Radoute f Lai 
Sdnf GaWrfn 


SteGenerale 
Suaz 

Thom*on-C5F 
Total 
UAP. 

VMM 1 

CAC 40 taaex: 227824 
prwiaas : zz7**r 


— — — Canadian Pacific 

Svdnev Car Potters 

I ^ .M o «. Can Tlr* A 

Amcor 9.99 920 Confer 

ANZ 523 524 c£tT 

BHP CCLtadB 

Bonjf 422 423 r inep tec 

BouoatovlIlD 1.16 1.12 Cominco 

520 Conwest Expl 

cormuco AES $ns Denison Min B 

CRA 1766 183 5SS?S3unA 

CSR 525 523 Dafasca 

Dunlap 566 5-55 DyleJCA 

Fosters Brew 124 1 26 Echo Bay Mines 
Goodman Field 126 123 ImJWSlivw A 

IC1 Australia II 11.10 FdAlilM 

Magellan 2.10 zio F«dindA 

MIM 2-70 224 Fletcher doll A 

NOT Au« Bank 1X36 1222 FP|^ 

Nows Corp 920 920 Gontra 

.Nine Network 590 562 GoWCora 

N Broken Hill IS 365 Galt Cda Res 

P io nee r mn 284 283 Heeslntl 

wmn tfy Pc seMcw 2M 246 Hemlo Gkt Mines 

gCTR caurces 143 151 Hdllnoer 

Horsham 

i T STvm fi.i.i .r £5 HudsonlBay 

wtiaTcrn rwuniitg 7M 7.12 irnascB 

WestpocBanklno 581 *17 iJJSo 

**° *34 *20 AM Interorov pipe 

asf 


Ameer 

ANZ 

BHP 

Bonjf 

Bougainville 

Cotes Myer 

Cornafcn 

CRA 

CSR 

Dunlap 

Fosters Brew 

Goodman Field 

IC1 Austral la 

Magellan 

MIM 

Nat Aust Bank 
Nam Carp 
.Nine Network 
N Broken Hill 
, Pioneer Inti 



1089 1157 Mar W 1173 WJT1 1073 WL7S +106 UT 

1019 7067 J liM HW4 KJB KM T6M +tUH St 

1089 U670CT95 102* W1 MM 1021 4-086 .IS 

Estsoto* 1I8» Monk.artK 7665 
Mon'iopentet 170800 up 1564 



Groins . |g 

WHEAT ICBOTI M8iWimMknvin-aB8wsBWBHM 

19*15 IflQ NterS* 180 3JBV> 3J4 327 -022 2380 32Z 

322 3J0 Moy94 3V 157V. 12J5 394H-081M B8J3 IV 

156 286 4494 36055 34IW 3271* 32876-101^ 14^6 l» 

25774 3JD Sap 94 K1 362 136Y4 13955—08115 2J03 1400 

165 1C9 Dec 94 369 369 36515 367 -002 2873 4£ 

327 XII AS 95 X2S 5 ]3S0 . 

EsLBfes NA Mart. soto* (811 1 

Mon-5QpenM 50*91 off V 

W»«AT OCBOn S60ew«n**m»n-cto8w»BWbim»l ORANGE Jl 


9S3MOT94 1136 1166 H22 1TM ' 1* 25856 I £4M 

978 May 94 11/3 1176 775» 7160 . -HB 1X096 I Mart 

9996894 1199 1199 1U7 TW — W 11,294 

1Q20MPM 1225 1229 T214 1214 -6 7,222 

W4TDBC« l» IW GO IW U8 

7077 Mar 95 12» 1170 HJD 13U -4 Ijm 

1777 MW 95 7274 . ■ -« M 

1773 Jul 95 JBJ • -I II* 

020 5*93 _ 1309 -■ 403 

« I9 Men's, sciss 6224 
89AQ W» 613 


5 S 


Law ' . OPWt W Law Ctapt Chg Data 

*140 Joi 9* 9*34 9*57 9681 9*35 -aoiaojoj 

9034 S(S> 14 9*M 9*JH 94JB 9684 — OXHUO.** 

ML71DBCM 9567 HB KJ3 9SM -00230*093 

9084MCT9S 95JS 9SJ3 9541 KUD -0M1H.W 

9077 Jun95 9S29-MJ9 9554 9586 —0841517741 

9131 S*p 95 9S» 9509 9504 (586 -08413125) 

9U«Oacft.fUI 94JB 9*74 9*27 -08*9768 

I 246214 'Monte -ante*- Witt. 

*lW 285L 497 Up 27BU 

FOUND KWBfflww 8-1 \ rntf ■'■■■ WIWW . 

74000MV94 14892 16972 16W4 1408 . 48271 


NYSE 

2-S •*.« 9—- . 

W^Li-.v «i J-c - 

, -, .. 


OT 673 

(NCTN) lHBkPCrtwa. 


L5tS7 163MJBOW J4B» 1MB 1400 1400 

1408 LMO—lf*- . 16774 

18* )6520DecM ' 16731 

HaM-Wi Man's. sotes 680 

Ma n ' s open W 47409 ofl 7so 
CMWDMN DOLLAR CCW9Q TMrW-lPdtfwnH 
88911 OrtMMvft A7616 8708 0805 87<n 

07*05 87365 Jon 94 87618 8702 02401 92405 


*•»- «■*■ 
S. 


29S Mar 94 3L24J4 17« 360% 37W*-0bBI»4 17,10 T34a 8L5DMO-M lftiO 19465 1030 10*65 -MB 11804 .1 *7740 87308^9* 1OT8 87400 0798 B76M 


179Y6 228 AXTY94 i54 324V. 1-57 W 8SV.-O0 S XB 1MJ0 WXMtn** 1*75 IW70 18*» — *» 


07678 87375Dacf* 02*13 07675 0795 87597 

07405 HJJ7aM*r93 073H 


Tokyo 


Akol Etectr 

Asota Cham lari 

Asrtd Glass 
Bank al Tokyo 
Bridaessone 
Canon 
Casio 

Dal Nippon Print 
DaJwa House 
Da two Securities 
Fanuc 
Full Bonk 


mSSmUr:*"* [ Hannonv 


Johannesburg 

AECi 1835 11 

ah ecu 9150 r. 

Anglo Amer 196 

Boriovts N-A. 

Blyvoor 775 4 

Builds 4720 

De.Beera. 10470! 

DrlBfanlrtn SO « 

Gen cor 8.15 


3T(XJ 3970 
SP. 31 40 3 085 

ter 7000 6?uq 


Frankfurt 


Hlohveld Steel 1725 i; 

KmkGn. ^ 4 ' 

Randtanteta 41 4 

Rusolat 77 7 

SA Brews BUS S 

St helera 44 9 

1*^5 1< 

Wvlkem 44 

Western Deep 165 


London 


31831250 
638 629 JO 
1251 1220 
1830 291 

1030 1015 
23723850 
387 375 

IS7 154 
543 533 

SOI 481 
1850 
118 
892 
176 
385 
299 




lta Yakodo 
Itochu 

— ' Japan Airlines 

iCaihno 

Market Closed £££. 

The stock market in 


^ ^ Sa° closed J5S2^ctn« 

^ ^ Tuesday for a holiday. a^,T 

IKS 7“? MJtsuWsW Kasol 

**« 46ft MHsutHshl Elec 

«70 «I0 Mitsubtstd Hev 

1945 1925 MltsuDteM Corp 


Sing^Tore 

Cerebas 72! 

airOw. 64! 

DBS 1121 

Fraser Neove Ida 
GenHno 166£ 


Mllsubtstd Kasol 
Mitsubishi Elec 
Mitsubishi Hev 
MitsuMsMCorp 

Mitsui and Co 

Mttsukosld 
ire Mitsumi 

725 740 NEC 
64s »«i NGK insukrtsrs 

1120 n.90 

1880 l7Jf Nippon Kooafcu 
1*S 17 Nippon Oil 


Manna irtflA 
Maritime 
414 Mark R*s 
Mi MocLean Hunter 
1110 Mol son A 
1£0 NomalndA 
13« Noranda Inc 
IS® Noranda Forest 
JOO Narcen Energy 
16* Nthern Tetewn 
J22 Novo Corp 
MOO Dshowo 
2<0 Poourin A 
2W0 Placer Dome 
2470 Poco Petroteum 
® PWACOTP 
8? Rayrock 
7TO Renaissance 
1M Rogers B 
530 Rothmans 
60C Royal Bar* Can 
S ceptr e rh 

scotrsHoso 

Seacrum 
Sears Con 
Shell Can 
Sherrttt Gordon 

SHLSvstemiae 
Southern 
Soar Aerospace 
StelcoA 
Talisman Energ 
Tecfc 6 

Thomson News 
Toronto Damn 

Tenter b 
T ransalta Util 
TransCda Pipe 
Triton Plnl A 
Trimoc 
Trtzec A 
Unkwrt Energy 


23 <* 2JK 
lift lift 


Golden Hope PI 2J0 225 NtePon Steel 
Haw Par 368 250 NtaaonVusen 

Hwne industries 438 4J0 Ntom 
Inch cape 6 825 K^^Sec 

Keppei 1120 1140 fljLL.,. n „ ■ 

ICL Kepong 223 294 

Lum Chong 123 183 £“2^ 

S ©"—■ ^ ,025 

Swnttowano 7*70 15 ghlnelsuChem 

Itaneartv lta iff Sum lta mo Bk 
SMk HQ 760 SS&.S*'" 

Sta g S te amship iS 386 
SteOteTeteComm i*4 386 
Startte Trading 346 324 Trtwdeawm 
uoe iota 11 

UOL MS 178 

aghrtBW 8^:225485 tSR5eSS?S. 

Fiwrioos . 331837 Tccpot printing 

Toruy mo. 
TQStTtto 
Toyota 
Yamalod Sec 

- ■ cr.'ktoa 

Stockholm 



155V. 10775 Sep 94 142 341 135V* 13W-WXH* 1040 73*50 7B2B^« I7Z25 72M J11J0 nata -» BLCrtBi 6.935 Moote. sates £803 , - - • = 

340 XI 7 r, Dec 94 346 146 345 36575 -OM 76 Ijm I3*M WUfN lUM 7*M T72M UZft . -UB. 3*4 MerTsopoi W 2*.9TO TTt - 

15775 152 Mar9S 347ft— 800ft 13100 IOXHJotM 17*» 1*» 7*00 7I3H.-CB CBU6ANMA11K ( O6ft0 «.wrwwfc-l nto t— . P . ft— 1 

EstSriB 42W Maite.t*w 5251 W«3S tatOOAteft 1M9S 1U95 1UK 113ft -820 CLOOS 03K7MrM 85690 (L504 85675 0J«8 —414220 

Monte openH 3*080 an 170 Mir y 95 raft -820 06UJ 0J®7Jun« 0-5650 05*6* A5M4 05651 -A 7211 

CORN <CBOT? unBuraDtowm.M»Wtaah* EttrtJ W, Monte. IftB 040*5 (kS670Sw>9( 05*7^ 04637 02*15 0J*3# . -I 38 

X717* 2277*640-171321 10174 X* 29915-00) . .713280 MonteOPmW ,860 UP 151 CJftD OJflMDncW • 02477 —4- 33 

1161* 2J0ftMoy94 106VI XOffft 103ft 104ft-OCT^ W^6 .. . 1 1 &L*oto* .38412 Man's, soles 27273.: . . 

116ft 24! Jure 1117ft 327ft 3JMft iriSft-aOlft 79220 Metals Monte OPWllitf 150213 OB 1410 

727ft 2.30ft Sep 94 766ft 286ft 725ft ZUft-iOOft KJ45 - ■ JAPANRXRYBN ICME3Q IM6mrt—8 - 

223ft 236ft Dec W 8»ft 220ft 149 1 6fl6 HjWW UJf I PL C7*OOT SMkMHIWh _ OJ^ftaUteaQOMOT WC U10»9^ ^ 992* 

879% 853ft Mor 95 225ft 276 275 275ft 2661 10440 72 -HJot94 8*15 87.15 86JB IM — 0-05 jS ajxH943Umsman 9* 0JSHB7IUMa6flUHI0I3QJD09(M< rkj *34 

882 875 May 95 878ft 279ft 278ft 279 253 TU7J0 7108Mtr9* 1*75 87 JO B6.W 86JB -0U 332=3 unflROmBwN KSSmnroSnH +» 

282% 273 M95 880 880ft 210 280 5*0 »20 7*50 Apr 94 Kfl BLfl 1U0 KW -*» .743 BL MonteJsaS^WN^^^ 

UM 254 Dec 95 256 35 70220 7X46May*4 6669 OATS K70 86A5 — 005 »,» 6tonte opwi W106JM4 up 737 

Estates HA. MWT'C.SrtB 47605 8MB 7*HJJOT W 6*60 3* S3 MJ0 66.15 — SWWFRAHC fCMMIl n.w»uilj link*— UWItieim 

Mpnteg pen I rt 341J B oH 1 116 1822S 7*70 JC4M K20- 6675 66J0 6*15 * g 5AJ* {L7T95 . UniMaN 0681] 04874 04769 »«" —A SLT 91 

SOYBEANS (CBOTJ XMbsuhPAimi. te9umwr7»ii«4j 1B3J0 7450Scp94 S7JM B7J0 S6-B ltd — WB 3275 0J07S CL6590JOT94 067*6 04607 0060 06998 ’ 6 £ 

7-54 SEfftMorW 627 *99 *Mft *M ft EOOOft 7i»* 7*7-90 727SDOC94 VM BMP B7J0 6*M. -4M 1U0 STOM SSbSpM . V* . £ «K ^ a 

7-51 527V, MOV 94 IX* 7JNft *29ft 7J*ft «2!2 BJO 7 *«Jot 9S 869S — «UH EsLaJvs SteOB *tente.ate* 1X566 

758 524ft A4 94 7M 99X0 7M0Frtt95W4 B «J8 6*25 BM0 -AM T.14B mSSSSb^ MS0W W?lf ^ . - ' -,-L r 

725 438 MM *96ft 496ft 491ft 496ft +091ft 16OT Beja 487gMar9S 8750 17 JO 87 JO 17.75 -JUS wn-r-wwowi yp :t 

489% *17 5w>T4 622% 4Mft *72 476%*tt34 15S A00 7*»5Moy95 8713 -105 

7.57V, 5J5ftNDV94 *56% *39% *56 ****** ■®}IWTJ 57 JO TtXOJUltS ’ . J7J5 — «L05 — ■ ' 1 — j — 

620 *76 ft Jon 75 *67 *65 *57 6A5 JZJft 677 « wi natmW 44 n fflf 260 Inri.uljlnlr 

*7Jft tc **V95 *2%^« a- £5 -cuts • • IftoUSlflCrtS 

623 *C%Jyl93 428%T<lOSft am 732SOC593 1450 —ACS COTTON 2 (NCTN) Rita. WPWS 

A1I9 429 4J1W 455 67JB . 77J5f*ov9S 8730 67 JB, 87 JO (475 -OQS 7X36 3U2MwN 7M0 7399 7?.: - 7171 -MI222Un 

fEJ&LJif' Etf.mtoe 7JtO0 Monte. »5e* *249 7*60 . 57,47 May W 7*2] HR, 71*5 MJI .+0511109 

177j14_0fl 2 279 _ Mon'S open int *3457 - 74J0 SUBJIllfi 7114 7X60 74J0 7523 +OJ7 SM 

FssssmI! :saa gr - K HD si ^ si ^ ^ 

a mgr a n a d d a b ssks » w «- a - =& » ” si 1 

SKS IS2 JS5 I5S ?9M 36X0 3775 Jilt** 5705 52*0 STAB 5773 -L7 1J72 Est. tales T0JM Monte. Vtea U7 . . ' J 

20iD0 inxcod y* mDO l^so jwjo mr smjssvM too sue vmq s3QJ — u zts 8 tarfsc mvw smjn i ~ 

SS w -® IS ^ Sis 5 md£n to mo mb to ^2 ts? t&rESttt. oSSbo te*o'«te«»s.^e. 

mix UJ27 m 542-5 40UJJan9J 5245 — 12 <5800 4260Frt>M 4950 50J0 47 70 03B 44L57 J1 JJ 

W 572X 41 *5 Mar 95 SOI —\J 2234 SL50 - 4373 Me*- W 47JB SS TlEs 

SSiffiS SZsU 1 ” -El. — 58*0 41 80 May 95 53*6 53*4) 32*0 53*6 —12 5825 43-70 Apr » 4X70 45*5 lug 

ST"^6OT29jf”r2T3Z , "2»24 -««««« » ^ -H • K «« ^ 2u?:-£g:.3S?£S 

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Page II 

EUROPS 


Marriott Raises 
Its Cash Offer 
For Ciga Hotels 


Bloomberg easiness News 

MEAN —Host Marriott Cop. 
said Tuesday that it had increased 
its offer for Ciga Hotels SpA of 
Italy, but Forte PLC erf Britain said 
the counterbid fust matche s its 
original offer. 

Ciga, a debt-burdened company 
that is controlled by the Aga iffi- 
said it would delay a shareholders’ 
meeting planned for Feb. 2 until 
Feb. 15, to allow time for its credi- 
tor banks to chose between the 
Marriott and Forte bids. This is the 


France Readies 
Economic Action 

Ratten . 

PARIS — France wiS unveil 
treas ures Sunday to boost the 
economy and cot the country’s re- 
cord jobless rate, Prime Munster 
Edouard fiaQadnr said Tuesday. 

“We have debated a certain, num- 
ber of measures, and the 
will be announced on Sunday," be 
said after a meeting with annistsrs 
on the jobs erias. He added that not 
ii all the detafic of die plan been 
worked oul Tuesday’s rahfr 1 ** twlfo 
were the thud and last in a k«tps 
that began last week with discus- 
sions tat economic growth and defi- 
cits in the health nwanmm fund. 

Faced with a record nnonpk 
meat rate of 12 percent aheadaf a 
presidential election doe by May 
1995, the con sovadve government 
is budgeting on mcome growing 1.4 
percent in 1994. MSmstas bave said 
they may consider legal and tax re- 
forms armed at the job market- 


second time Qga has delayed the 
meeting for this reason. 

Neither bidder has made a for- 
mal offer or disclosed its terms. 

JJ Sale/24 Ore, Italy’s leading 
firenriai newspaper, said Marri- 
ott’s bid is worth 740 billion lire 
($435 mflKoa). Stephen Bollen- 
bach, executive, vice president of 
Host Marriott, would not confirm 
that figure, but said that unlike 
Forte's bid, Marriott’s is aD 
Forte said Marriott's latest bid 
just matche s its own, adding it 
would not get dragged into a 2nd- 
, war. “Obis is a final offer.** 
Richard Power, Forte’s chief 


The British company is offering 
to infect £33 mQlioa ($49 5 million) 
in cash and to contribute holds with 
a value of £125 million, for a total of 
£158 sriffioo. Forte’s partner in the 
bid, the Quantum Fund, run by the 
financ i e r George Soros, would pay 
an undisclosed amount to settle 
Oga debts to its creditor hanLrt Q. 
gas total debt is estimated at (.01 
CrffliOQ lire ($590 tniTKnn ) 

Ciga, under pressure from its 
creditor banks, gave the finance 
bouse Mediobanca SpA a mandate 
last spring to find a buyer for it. 

If no buyer is found by the Feb. 
15 shareholders' meeting, Ciga 
plans to ask for court protection 
from its creditors. 


Belgrade Floats a Super Dinar 

Skepticism Greets New, Thinly Backed Currency 


By John Kifner 

Nov York Tima Sernn 

BELGRADE — With an economy in rums 
from international sanctions, inflation and 
mismanagement, the former Yugoslavia has 
issued a new currency, supposedly backed bv 
Deutsche marks and gold. The hope is to lure 
people's bard currency savings into the gov- 
ernment coffers. 

Swiftly dubbed the super dinar, the new 
currency is supposed to be fully convertible, 
with each new dinar equal to one Deutsche 
mark, the money that has become the real 
means oaf exchange in Serbia and Montenegro. 

The government soys the plan is backed by 
a reserve of 500 mQlioa Deutsche marks’ 
($285 trillion) worth of bard currency or 
gold. With a population of 11 million, this 
does not go very fan about $26 each. 

The devaluation of the Yugoslav currency 
had been staggering. In the last week of 
December, the government issued a 500-bQ- 
K on-dinar note. At the time, it was worth 
about $5; now it is worth one-thousandth of a 
US. cent 

On Jan. 1, the government discounted all 
currency by knocking off nine zeroes. By last 
week, it bad already printed up to a 10- 
nuDion -dinar note. 


But the new ft seal ploy depends on whether 
people believe in it On the street where the 
announcement of the super dinar was greeted 
with rueful smiles and jokes, the earfv omens 
were not good. 

The assurances of the plan's author, Dra- 
goslav Auramovic, a forma World Bank offi- 
cial, were of little comfort “I guarantee that 
nobody will be worse off than be was before.” 
he pledged. 

Already the official state radio reported 
that a bus trip to Belgrade from a provincial 
town was being priced at 15 new dinars but 
only 5 DM. 

**I don’t believe in anything my friend," 
said Zoran Jovanovic, the owner of a former- 
ly weB-stocked private shop in a hillside 
ndgbborhood, pausing from his task of de- 
canting home-brewed plum brandy into fresh 
bottles. “This plan, it’s a lie. a deception, a 
betrayal, a trick to steal some money from 
private businessmen." 

Indeed, the program has been body debat- 
ed, and largely denounced by economists 
here. Some of the discussion centered ou 
whether the currency might Iasi two or per- 
haps even three months before it collapsed. 

“The credibility of this program from pro- 
fessional economists is really, really shaky’ at 


this point." said a Western diplomat special- 
izing in economic affairs. 

The new currency, in denominations of 1. 5 
and 10 new dinars, is to be issued first 10 
retirees. There is to be a new guaranteed 
m i n i mum wage of 20 new dinars a month, 
although everything over that is to be subject 
to a 35 percent U-X. For an interim period, the 
old currency will also be used, at the rate of 
15 million old dinars to one new dinar. 

The government says that the new dinars 
can be exchanged ai banks for Deutsche 
marks, although transfers of more than 100 
DM will require written notice and a waiting 
period. More importantly, marks can be con- 
vened or deposited for the new dinars. 

“If there is hard currenev around, it is 
under people's mattresses,'' a Western diplo- 
mat said. “This is an attempt by the govern- 
ment to get that money from under the mat- 
tresses and into their hands." 

No one knows the amount of such hidden 
savings, although they are believed to be 
substantial with some estimates running 
about 800 million DM. 

A diplomat noted that as many as 500.000 
Serbs and Montenegrins work abroad and 
that they could easily be expected to send 
back 100 DM a month each to support their 
families at home. 


Investor's Europe 





London .' ... 
FTSE 100 Index. 

m— 

305- 

3300 

m~ 

m 


Parts 

CAC40- 




^Ts'oTrrj. 

Idas - 1894 


Exchange 

Index 

Tuesday 

Close . 

• Prbw. ' 
Close 

Change 

Amsterdam 

. AEX 

428.29 

"429.75.- 

^081 

Brussels 

Stock Index 

7,707.36 

7,655.87 ’• 

+0.67 . 

Frankfurt 

DAX • 

2,126-78- 

2,08001 

+245 

Frankfurt 

FAZ 

813.83 

789.75 

+3.05 

Helsinki 

HEX 

1378.88 ■■ 

1.845.02 

+1.73 

London 

finance Times 30 

2,84640 

. 2,671.40 

-0.94 

London 

FTSE 100 

3,444.00 

3,481.40 

-1.07 

Madrid 

General Index 

343.69 

339.30 

+1.29 

Milan 

MIB 

1,001.00 

989.00 

+1.21 

Paris 

CAC40 

227834 ' 

2,274.49 

+0.17 

Stockholm 

Affaersvaeriden 

ijsrsr 

1,770.09 

-1.81 

Vienne 

Stock Index 

499.53 

496.84 

+0.55 

Zurich 

SB S 

1,05946 

1.051.81 

+0.71 

Sources- Reuters. AFP 


lnionancril Herald TiiKim 

Very briefly: 


East and West Airlines Eye Each Other 


Lcefund. . Qga is suffering from debt taken 
rmeamloy- an to expand in the 1980s, as wdl 
ahead of a as from a decision to orient its 
hotels more toward wealthy vaca- 
tioners than to business travelers. 

Ciga had & loss of 110.1 bflfion 
lire in the first half of 1993, after a 
. 252 billion lire loss in 1992. It last 
made a profit in 1989. 


Bloomberg Business Sens 

WARSAW — As the market for 
travel between Eastern Europe and 
the United States beats op, airlines 
in these markets are eyeing one 
another with increasing interest — 
and maybe a touch of suspicion. 

Delta Air Lines and the Polish 
flag carrier LOT are discussing 
finis. Delta is also n egotiating with 
Malev, the Hungarian service, and 
has had conversations with <> <yh 
airfares CSA as wdl executives said. 

American Airlines is also talking 


with LOT. American said it is inter- 
ested in other East European carri- 
ers as wdL 

For U.S. airlines, the attractions 
of East Europe are twofold, linking 
with the East gives access to routes 
among countries in that region than 
their own air transport agreements 
aQcrw. They also allow them to de- 
velop a presence in growing markets 
without investing heavily. 

The East European' market is 
tiny now. but is expected to grow 
around 10 percent a year in this 


decade, faster than any orber. 
There is a good percentage of high- 
er-paying business travelers on 
those routes now, seeking to set up 
ventures in East European markets. 

For the East Europeans, links 
with U.S. carriers mean access to 
aO kinds of technology and infor- 
mation. such as computer reserva- 
tions and flight maintenance oper- 
ations. It also helps them compete 
across the Atlantic with the West 
Europeans. 

But both sides remain cautious. 


They are being especially careful lo 
better tbor positions without get- 
ting burned. That may mean forg- 
ing marketing alliances or various 
sorts instead of selling stakes. 

LOT bas watched carefully, 
seeking lessons for its own future. 

It signed an initial agreement 
with Delta a year ago, but so far 
noihing bas come of it. Tbe carrier 
is talking with American as well 
and hopes to sign a letter of intent 
with one within weeks. 


• The General Agreement on Tariffs and Trade said world trade expanded 
by Jess than 3 percent last year, below the 4 percent figure for 1 992 and far 
less than the 4_5 percent that GATT had projected for 1993. 

• Fisons PLC plans to cut 1,000 of 6,400 jobs in its pharmaceutical 
division to reduce operating costs by £35 million (S522 million) a year. 

• Tbe Bank of Spain cut its key interest rate by a quarter point, to 8.75 
percent, and the Belgian National Bank reduced its central rate for 
primary dealers to 7.0 percent from 7.10 percent. 

• Baden- Womemberg state's consumer prices rose 0.8 percent in the 
month to mid-January and were up 3.6 percent from a year earlier. 

• Deutsche Bank AG said a favorable tax change would allow it to raise its 
1993 dividend to 16.50 Deutsche marks (59.401, from 15 DM in 1992. 

Reuters. A FX. A FP. Bhomber^ 


LONRHO: Investors Cheer Company’s New Style Under Bock’s Influence FORMATS: Electronic Civil. War 


. Continued from Page 9 

to 31 percent of capital, down from 
57 percent a year ago, analysts 
agreed with company executives 
when they stressed there was no 
urgent need feu further asset sales. 

StiQ. Mr. Bode has made it dear 
that be intends to refocus the com- 
pany on its four oore strengths. 

• These are defined as mining, ho* 
ids, agriculture and g« w>l trading. 
Lonhro’s chairman, Rene Lectezia, 
in bis official review of the year, 
further staked interest in tbe compa- 


ny by noting that a large and grow- 
ing portion rfhseannrisfknvfrcm 
fl a g gin g markets. In nodmrm to its 
vast interests in Africa, which range 
fr o m the Ashanti gold mine in Gha- 
na to amethyst mines in Zambia and 
an automobile distributor in Kenya, 
Mr. Infeio said tbe company has 
□ow agreed to develop a gold field in 
Uzbekistan 

Mr. Ledesno is one of the Row- 
land associates who win leave the 
16-member board. The others are 


Peter Y emeus. Tbe four wiD not be 
replaced as directors. 

The combination of a more open 
management style in which Mr. 
Rowland is dearly on the descen- 
dant, plus Lonhro's courtship of an 
emerging markets label was enough 
to send the company’s shares to a 
52-week high in heavy trading on 
Tuesday. 

The shares rose 8 pence, dosing 
at 153 pence. 


I am a buyer of Lonhro,” one ana- 
lyst said. He predicted a change in 
attitude from British institutions 
that have long shunned the shares 
because of their doubts about its 
management Others pointed to 
Lonhro as a likely beneficiary of 
the market vogue for investing in 
emerging markets, especially as it is 
one of relatively few companies 
with large interests in Africa. 


In world stock markets right 
the two deputy chairmen, Robert now, it’s sentiment not earnings 
Dunlop and Paul Spider, and Sir that drives prices, and on that basis 


To subscribe in France 

[iiit coll, loll free, 
05X37437 


Continued from Page 9 
with tbe New York firm of Frank- 
furt, Garb us, Klein & Seitz. 

The European system of copy- 
right varies enormously from that 
governing the United Slates, gener- 
ally forbidding alteration of an art- 
ist's or author's work without prior 
permission. Many works of art that 
are in public domain in the United 
States and thus can be used for free 
— a Puccini aria, or Vittorio De 
Sica's “The Bicycle Thief,” for ex- 
ample — remain under copyright in 
Europe and entail royalty payments. 

Michael Backes. a founder of 


Rocket Science Games in Palo 
Alto, California, and a scriptwriter 
who has worked with Steven Spiel- 
berg and George Lucas, exhorted 
multimedia producers to raise their 
artistic and budgetary sights. 

Peter Gabriel, a rock musician 
renowned for his innovative video 
techniques, look a more sanguine 
view. “With a lot of this new tech- 
nology. tbe first wave can dehu- 
manize and the second wave can 
humanize.” he said. “I hope that 
this second wave will create a lan- 
guage. like a modern-day hieav 
glyphics." 


CURRENCY AND CAPITAL MARKET SERVICES! 


@ 5 © 


Currency Management Corporation Plc 

Winchester Bouse, 77 LoodonWaO - London EC2M 5M> 
TeL 071-382 9^5 Fax: 071-382 9^87 


FOREIGN EXCHANGE & GOLD 


24 Hour London Dealing Desk 
Competitive Rates & Daily* Fax Sheet 
Call fur furtljvr information & brt+churv 


Help! Which markets should I invest in? 

Good question ■ fat perspective, onolyiis cod amwcis you should" 
read Futlert.lor.cy - Ine global sltalegy Invetimcnt letter, 
riiousancfc do - why shouldn t you? 
all Ky la Pt iiCipj far a sample- issue (or.co only) o! Chaif Anclysjs Ltd ? Swcilo 
Sfrefcl, London. Wifi ?HD. UK To,: London 71 - -J35> (C? I in UK) or 

Fo*- 71 -4V9 4'7*.6 


For further details 
on bow to place your listing contact- 
PA TRICK FALCONER in London 
Tel: (44) 71 8$6 48 02. 

Fax : (44) 71 240 2254 

Hcralfta^Sribunc. 


NYSE 

TuMdq^t HnRfnj 

Tables include the nationwide prices up to 
the dosing on Wan Street aond do not reflect ' 
tale trades elsewhere. Vie The Associated Press 


(Confirmed) 


tttfiLwStodc cw YMPEia mi Umumsian* 





REPUBLIC NEW YORK CORPORATION 
SAFRA REPUBLIC HOLDINGS S.A. 


Consolidated Statements of Condition 
and Summaries of Results 

These statements and summaries represent the consolidated accounts of Republic New York Corporation and its 
wholly owned subsidiaries and of Safra Republic Holdings S.A. and its wholly owned subsidiaries. Republic 
New York Corporation owns 4 8.8% of Safra Republic Holdings S.A., which is accounted for by the equity method. 


«W 

* 8 

us =2 

48*18163 



REPUBLIC NEW YORK 
CORPORATION 

December 3 1, 

SAFRA REPUBLIC 
HOLDINGS S.A. 

December 31, 


1 1993 

1992 

1993 

1992 

Assets 

[ ( in thousands of USS except per share data) 

Cash and due from banks 

$ 636,633 

5 490,71 1 

$ 32,082 

$ 34.915 

Interest bearing deposits with banks 

5,346,647 

J 0,562,885 

3,660,269 

3,759,581 

Precious metals 

1,110,434 

412,105 

145 

619 

Investment securities — 

14,949,793 

12331,471 

6,182,495 

5,194337 

Trading account securities ... 

3,182,093 

702,479 

87381 

37327 

Federal funds sold and securities purchased 

under resale agreements 

2322,465 

1305,274 



Loans, net of unearned income 



1,128,746 

1.101.451 

Allowance for possible loan losses 

■kDKSJ] 


(102304) 

PHI 

Loans (net) — 

9.196.703 

4.748.704 

7,766,437 

1,026342 

1.049,075 

Other assets 

3375,026 

310,435 

276,005 

Total assets .. 

$39,493,472 

$37,146388 

$11399,349 

$10351,859 

Liabilities 

Total deposits 

$22,801,250 

$21,102,187 

$ 7344362 

$ 6,897,172 

Short term borrowing 

4,275,439 

5,738,822 

1,760,951 

1,542,287 

Other liabilities — .. — 

4,814,74 6 

3,408329 

213,081 

233,053 

Long rermdebt 

2,582,875 

2302,497 

700,000 

547,600 

Subordinated long-term debt and perpena? capital notes 

2,271,940 

2,130,924 



Share hoi dera’ Equity 





Cumulative preferred stock 

556,425 

556,425 

_ 


Common stack and surplus, net of treasury shares .... 

723,229 

708,642 

903,613 

902,490 

Retained earnings- - 

1 ,204,81 8 

998362 

287,179 

229,257 

Net unrealised gain on securities available for sale, 
net of taxes 

262,750 

- 

89,963 


Total shareholders' equity. — - 

2,747,222 

2,263,429 

1380,755 

1,131,747 

Total liabilities and shareholders' equity 

$39,493,472 

$37,146388 

$11399349 

$10351.859 

Book value oer share 

$ 4157 

$ 32.71 

$ 72JA 

$ 6VQ7 

Client portfolio assets in eustody 

Ner income, for the year ended 

$ 301,209 

$ 258,883 

$ 5,656,795 
$ 121395 


Net income per common share (primary) 

^Average common shares outstanding (primary)..... 

$ 5.20 

$ 4.42 

$ 6,87 

$ 5.22 

52,466 

52,204 

17,703 

17,709 j 


Risk-Rased Capital Ratios " s 

As of December 31, 1993, Republic New York Corporation’s risk-based core capital ratio was 15.40% (estimated) and 
total qualifying capital ratio was 26-55*36 (estimated.) The ratios include the assets, risk-weighted in accordance with 
. the requirements of the Federal Reserve Board specifically applied to Republic New York Corporation on a folly 
consolidated basis and capital of Safra Republic Holdings S.A. Total consolidated assets are approximately US$ 50 
ybiiiion and total consolidated capital, including minority interest and subordinated debt, exceeded US$ 5.6 billion. 

x - > ■ — — - - — — — — • ■ ■ s 


Republic New York Corpora ti 
fifth Avenue at 40th Street 
New York. New York 10018 


tioo 


Safra Republic Holdings SwA. 
32, boulevard Royal 
2449 Luxembourg 

Banking Locations 

Geneva, Gihrafar Guemsej-. London, Lugano. UKTOboure Mibn. Mon« Cari. s Pari*. Zurich, Beverly Hills. Cayman Islands, 
Lis Angeles, Mexico City. Miami. Monacal. Nassau, New York . Buenos Aires. Caracas, Montevideo Puma del Este 
Rki de Janeiro. Santiago. Beirut, Beijing, Hong Kong, Jakarta, Singapore, Taipei. Tokyo 























Page 12 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, JANUARY 26, 1994 







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/Which Way Are 
The Merkels 
Maying?^. 

A conference on global 
ft/ncT management', 
March 23-24. 

- For details, 

.• fax Brenda Haggerty 
at (44-71) 836 0717. 



For information on how to list your fund, fax Simon OSBORN at (33-1) 46 37 21 33. 


For expert advice on personal investing. 

Every Saturday, the International Herald Tribune publishes The Money Report, a weekly section that provides 
a penetrating analysis of financial products and services available to today's high-net-worth investor. - 

For timely investment information, read The Money Report 































































































































































































Page 14 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, JANUARY 26,-1994 


BUSINESS OPPORTUNITIES 



Well-established gaming machine business, family owned 
and operated for 45 years , is available for sale. 

Hie company has 9 high-tech amusement arcades in top 
Innerclty locations, most in owned properties which are 
also available for sate. ConsfrucBon of a new Wltards cote 
with office floors and car parking level immediately 
adjacent to a shopping center under construction is due to 
commence on June 1, 1994. 

All 9 sites (only DM 0,40 slot machines) have 
computerized monitoring and dosed-drculf TV survelBonce. 

Rental income from properties: DM 2,1 Mio PA 
Taxed revenue from gaming business: DM 1 0 MIO PA. 

Oflers supported by proof of assets, please reply to : 

Box D431 IHT, 181, Avenue Charies-d^OauBe, 
92521 Neuffly Cedex, France. 

Absolute discretion is tssnnd. 


UNIQUE OPPORTUNITY 
REQUEST FOR EXPRESSIONS OF INTEREST 

SALE OF SURPLUS CONSTRUCTION 
MATERIALS & EQUIPMENT 

ThG Owners of a major commercial hr-rise office tower complex which 
ha& been deferred Indefinitely are contemplating the sale and 
disposition of a significant inventory ol p re-purchased construction 
materials and equipment The inventory Includes: 

• GRANITE: - blocks/siabsrtabricated 

•MARBLE -Slabs 

• STRUCTURAL STEEL - HiStariNA secttons/angtesrtabricated 

• MECHANICAL - pum ps/fans/heat exchange rs/AHU 

• ELEVATORS: - various components 

• MISCELLANEOUS: - small equrpmerrt/materfab/hoWffumltuiiB 

The Owners are Interested in compflrng a fist of interested purchasers 
for each category of materials. Principals only. 

For further information, purchasers are requested to submit their 
expressions of Interest via fax (416) 867-9017 or by mail to : 

Coordinator, 347 Bay Street, Suite 606. 

Toronto, Ontario, Canada M5H 2R7. 


Established British based company 
in Dubai, U.A.E. Jebel Ali Free zone, 

SEEKS PARTNERSHIP OR SflLE 

of 2,400 sa.m. industrial plant for biscuit 
and cookie manufacturing on 10,000 sq.m, of land. 

Sale $3 Minton U.S. 

Partnership negotiable. 

LIONS INTERNATIONAL 

Canada TeU 514-737-7320 - Fax: 514-737-7248 


WHAT’S IN STORE FOR ’94? 

Higher interest rates? 

Major market correction? 
Increased inflation? 


Hedge your bets. Whether the market is bearish or 
bullish, you can maximise your investments 
anywhere in the world through the tax-advantaged 
investment centre of The Bahamas. 

JFind out bow. For immediate, insightful intelligence 
on investment hedging and capital opportunities in 
the world for the individual investor - intelligence 
that you can use in ’94 - reply now by phone, fax or 
mail, to: 

INTERNATIONAL PRIVATE MANAGEMENT UNITED 

International House. P.O. Box N 4932. Nassau. Bahamas 
Tet (809) 325-3912 - Fax: (.809) 325-4267 (24-bo ur service) 

Name: 

I PLEASE PRINT! 

Address: 

(PLEASE PRINT! 



■ POWER STATION FEASIBILITY ENGINEER ■— 

An international private power company wish hi develop a moderately sized 
combined cycle gas turbine power station in Indonesia. As part of this 
development, a feasibility study will be produced- A power station engineer 
is required to assist with the study and ensuing construction contacts. 

This person should have experience in, or most of the following, 

• Design, construction and operation of combined cycle gas turbine 
power stations. 

• Technical and economic feasibility of power station projects. 

• Specification, comparison and selection of combined cycle power 
station suppliers ana constructors. 

• Natural gas pipelines and high voltage transmmon lines. 

■ Power station project finance fundamentals. 

• Project dnviopment methodology in Indonesia. 

The position will be Jakarta based. An ongoing mle during the negotiation, 
design and construction of the power station is foreseen. 

Individuals or companies are invited to apply. A sample of previous studies 


Please contact: Peter Cockcroft, Jakarta. 
Ph. 0062-21-5213320, Fax: 0062-21-5213319. 


INVITATION TO TENDER — 

The Universal Postal Union (UPU), a United Nations 
specialized agency, invites tenders for supply of 
50 Apple Madntosch Quadra 610 8/160 computers 
10 Apple LaserWriter Fro 630 printers. 

This material will be part of the equipment of the Internationa] 
Secretariat of the 21 st Universal Postal Congress, organized In 
cooperation with the postal Administration of the Republic of Korea 
from 22 Aug. to 14 Sept. 1994 at the Korea Exhibition Center (KOEX) 
inSeouL 

The written specifications can be obtained from 

UPU International Bureau 
PO Box 

CH-3000 Berne 15 (SWITZERLAND) 

Phone: + 41/31 35031 33 (Mr. Van tier Weg) 

Fax: +41/31 3S0 31 10 

Closing date for sob mission of Kits: 2S Fcfenauy 19M 


UK & OFFSHORE 

LIMITED COMPANIES 
BY LAWYERS 
LOWEST ANNUAL FEES 


tmato fto 

Law amm« dWnj a U mad 
Moaw d ee BxscscwtaB m 

* MSounEcuneaunGOffiMneEB « 

■ (IK LTD Fr 

£83.00 

■ UKPLC 

£188.95 

■ IRISH (NOK-fiGS) £165 

■ WISH (RES) 

1RE265 

■ WYOMING LJLC 

£495 

* ISLE OF MAN 

£195 

■ BAHAMAS 

- £265 

■ PANAMA 

£285 

■ CYPRUS 

£585 

» B.V.l. 

£2 re 

■ DELAWARE 

£185 

■ TURKS 

£265 

■ GIBRALTAR 

£225 

HA1 ACCOUNTANCY STRUCT 

FACSJTESAYALABLE 




TT ^a 


mu sst, bhwt t fhemdly mem 

10 toub mares pitase comer. 


\ <^C:^:C«':HrFC?M‘T!Cfi:Ll i rr J \ 
^ ICS’CS. SH; :H.' LNiTED I'.SSDSV ' V ‘ 


c 44-71 352 2274/2402 
^ 44-71 352 2150 

S FAX: 44-71 352 2260 Q 


U.5. CO. SEEKS FOREIGN PARTNERS 


CdK S Tefertortefinfl. 


jw. investment - Co. or 



JTfiW TeL {fjOf 8544343 Foe J3H8 843-0451 

■Jl -Uamofafld Division -U^ A. 


DO NOT LET IT PASS YOU BY! 


EXCLUSIVE DISTRIBUTORS 

EUROPE 

Erduavc Disributm seeded for Ui. 
mann&anrer to sell wdT known Ui. 
into pohih in all EUROPEAN 
COUNTRIES. Product las been tested 
and used by major um> mamfaauras 
m USA. and Europe. Restores paint on 
aafos, boats and akenft to factory dctC 
Protects md maintains brfflbnt sbmc 
for a fan yeat EkcBcbi foe retd and 




ASTON CORPORATE MANAGEISNT 
19 Peel Road. Douelax Isle of Mov 
0624 626591 - Fax 0624 625126 
a London 

TeL mi 7228866 -Far (71 )2331519. ' 


■ EUKOPEAN'. 

REPRESENTATIVES 

WANTED 

Harod BUstoefe'5Brices - Zfckwsre's 
p n-mliT tnmpmy foaOXto senlce Is 
foresabfisbed acowniwHS xnd 
hmhwr tmil u m In ptOtBQg HKt Se8 

Defame Cocpoae Semo. 
r*Mawfi .wtij. fane . an estabtebed 

office, pfaoog and &x and wffl fr eabfctP 
pmduocS-lOacwcanpmte per mnd- 
. Pleate respond Iff fiat 

ui^ElkRCbfoiw 

fk»3<»«5-1280USA 


♦ROW TO liJGALLY * 
OBTAIN DDAL NATIONALITY 
Dfaurer *e«aes of dori earaiufiiy 

oiet Ito eowtito aaoniedajm become i. 

■> -*• .mmnMfd Ti v nivtm Mil UmL 


com UE IMMUV IIW 

Hbw to befiwae a k*il TAX EXILE. 

I^yoor FREE BMCHinog ami PBI- 

VACY NEWS LETTER «h*4. w» be*V 

Mftr sad mcpk year auaty write toe 

Sevpclat’l, Bax 4270 
GMvtrfy Read. WtouteMBeyWl ML.UJL . 
- T«l:+447QS592255.Rnt:+44 70I»19 r H ■ 


telecommunications 


$AVE0N 
international 
PHONE CALLS 


No* you can oil theUS. 

and save as much as . toib 


jPfty less than US.tztes an 

overseas calls* 

Call firom hotels, home or 
office. Itemized bifliftg. 

KAtJA ACK D. 

Td: 1/206/284-8600 
Vkxs 1/206/282-6666 


INVESTMENT FORUM W 

comma and exhibition 

MONTECARIO - February 1 1-13, 1994 
Top Int erna t io n al Speakers from s 

- Batterymarch - Gabetti Spa - Salmon Trust ■ 

- Boaz Alien - Groupe E. de Rothschild - Scottish Value Mgm 7 

- Gtibcmk - Groupe Pierre ler * Sotheby's 

• Darter Hentsch - MdCfnsey - Wellington 

Organised by s Capital Events -Tel : 3393507 180 - Fax 33 92 167 667 


OFFSHORE WORLDWIDE 

Ready made companies (shells) 

• folf management 

• address services 

PntteaAmrt 

INTERCOMPANY MANAGEMENT 
PXX Box 160, 9493 Motrai 


OFFSHORE CORPORATE 
SERVICES & MANAGEMENT 

- GROUP ESTABLISHED 1902 
LXUL LTD, BOX 15, DOUGLAS 
ISLE OF MAN.. 

TO-: 0624 674228 " 
FAX: 0624 622252 


legal notice 


iE OAt NOTI CE 

TEXSA SJL. Barcelona, subsidiary of Lafarge Ct W te >Jrancc 
was sentenced by the IniemaSonai Ccwrt of Commerce (FOCI m 
Paris on the 3rd of November; 1992. to pay forthwitb ^a^n of 
2 raiTIion^SyaJirii Qrowns fo puonova AB of SwertaL. Jse^ stun 
stfll iemsdna unpaid. ,.... . 

Daonava AB Tel. : +46-8-985018 Fax: +46-«- , w™» 



COMMERCIAL & INVESTMENT PROPERTIES 



Tax-Free K& 


miFMv rrrrrn i 


hcoBKnitr Nnab oer^tadq. SoiIce k 
4 50 Stats. Game d anjkte aaqatef 
lk dkt US attea nidi phone ft hi jentai 
office senkn, US tafc xanai, IIS. dtims 
to mw v Arttw, conto fcgrf scnica ft 
isssuact, ixle&Bg 0TC auj b 



mm 




Scenic 675 acres, river views, 
development potential or golf 
course. 90 miles NYC. Near 
int’I airport, trains, major roads. 
US S5.75 million. Financing 
available. Partner considered. 

L. Fiore, 227 E. 57 th St 
Newlbrk, NY 10022 
or FAX: 914-384-6709 


Around the property world 
in four days. 

Only one stop. Cannes. 



of 869 sq.nv or 1 ,02l'3qjre on 
fie fcx> Root of an ewscufive office 
buSding. Control (sM,good 


The Company is boiang for stocks of different goods : 
FOOD STUFF: Coffer, Tea, Choaibic Bao, Canned Products, Incladbg Mot at, 
GARMENTS icreoeal (dues) 

ALSO Becawucs, Cguettes, etc 

The minimum quantity should be one Track (20 feet container). 

V & I FINANCIAL-GROUP 
II, Rocisserie - P.O. Box 3603 - CH-121 1 Geneva 3 
Tel.: 41.22/311 I860 - Fax:4L22/3U 18 64 


FIXED INCOME 

12 ° 


O P.A. 

PAID MONTHLY 


A PLUS SUBSTANTIAL 

* CAPITAL GROWTH 

* 9 YEARS OUTSTANDING 
PERFORMANCE RECORD 

* SEND FOR PROSPECTUS 
AND FULL DETAILS 

Fax your mail address to: 
"12% FIXED" 
++3452 810582 
or write: 

207E P. del Duque 
E-29660 N. Andalucta, Spain 

Minimum US5 toJXXt 
or equiv. any currency 


Tbe Ime n u o o ra l Property Marker fot 
advisers, construction c ompa nies, . banks, jqgwori L 
authorities, insriturional iavestoo: end-usas and 
other aDied sectors. V'*’ ; • ’ v 

Reserved cadfoaiwly far senior p rofauBudi wh 

«» 5000 pii^ipqinW ^I 

means diica oancaa with the deaiaOio-inakeg. 

Four la tensive days. New tw&ric tfp p ttUmn firi 
in the erhibirion hall and.a programme, of sop-' - 
lcve( conferences. • 



IF H SECURE 
FINtmaOL INVESTMENT 
(nUm $250,000) 

with attractive five year fixed 
interest rate carrying monthly re- 
payments of capital and interest Is 
important to you. please cal 
TeL: +41422 - 342.0808 
or toe +41+42 - 342.8425. 


“BUSINESS 

OPPORTUNITIES” 

appears every 
Wednesday 



:VT [ P I M 


Advertise! Get your message aaosrln die hi^ily 
toped MTPIM GUIDE. The inbamndnal "Who’s. 
Who"-of property. There’s the MTPIM DAILY 
NEWS. The essential daily magazine given, to a|l; 
pamripanis. And the MTPIM PREVTEW. maikd ip. 
all companies two -weeks before MIPIM. • ’ 

Bor more details telephone Dcvid Sririndter today 

on 071 528 0086 otftx 071 .895 0949. "... 



Forsote, In \ho Caribbocm 


VERY NICK HOTFIti 


as how, good return, 120 beds. 
restCMant. bes, boutique, etc. 

Beachfront location. 

Price requested: USS 5^00,003.- 
Pteaso write to' 

P.O. Boot 48,1241 PypSno®, Geneva 
-- - Swtizeriand 



Golden Corral, Americas largest chain of companyoperated steakhouses, is now offering 
franchise opportunities internationally. With a 20-year track record of steady growth and 
success in its more than 436 restaurants— 144 franchised and 292 company units— Golden 
Corral will be expanding into Canada, M e xi co, the Pacific Rim and the Carribean. Our family 
restaurant concept features beef, chicken and seafood entrees, the ail-you-can-eat Golden 
Choice Buffet™ and The Brass Bell Bakery* If your organization 
is looking for a unique and solid investment opportunity and 
has the requisite infrastructure and financial resources 

to develop restaurants on a multi-unit basis we M * 

would welcome hearing from you. Cell our 

International Franchise Sales Division at - 

|Uz3i 1-800-200-7773, (714) 744-241 2 or write: 

+-T I J&* Golden Corral, 166-1 N. Singingwood SL, 

4oei * Orange, Ca. 92669 USA. 

/JajJacmAtf bstOaOnnClaSada Chous Ssn»rlor 1992 and 1993 


INTERNATIONAL FRANCHISE OPPORTUNITIES 


Master License Opportunity 

AlpbaGraphics, 24-year leader in tbe quick print and 
related services industry is seeking additional Master 
Licensees to develop our 330-store network, currently 
operating in IS countries. 

Each AiphaGraphics center offers offset printing, 
electronic printing, computer-assisted graphic design, 
binding and finishing, and is tied to our worldwide system 
through a digital data network. Consider your future as a 
Master Licensee, developing franchise locations in your 
country of interest 

AiphaGraphics is seeking Master Licensees for Africa, the 
Caribbean, Central America. Southern Latin America and 
Western Europe. 

For an information packet, please call Bill Edwards at 
1 (602; 293-9200, or fax your request to 1 (602) 887-2850. 



■ii 1 1 1 1 ■■■ mi uTi aii 

TrniTTlg*TgTM 

aipnagraphies’ 

3760 N. CommcTOP Drive 

PmRhops Of the Future 

Tucson. Arirom S3 7 05 USA 


BIG BOY COMES TO EUROPE 

Big Boy Restaurants, caterer for the 1994 World Cup matches in Pontiac; 
Michigan, USA, is doming to Europe. For almost 60 years. Big Boy has been 
one of America's favorite foruly restaurants. With over 800 restaurants in 
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^NATIONAL HER>m TMBUKE, WEDNESDAY, JANUARY 26, 1994 


Page IS 

ASIA/PACmc 


Investors Take Heart 
As Reform Plans 
Advance in Tokyo 

Q*¥^^OorS^fiwOi?wKte. ■ to fan," said Yoshibiro Kim, a man- 
TOKYO —Stocks rebounded agx at Y amaid ri Sccanbe* Co. 
Tuesday on reports That the gov- Concern that the defeat of a po- 1 
eminent and apposition parties Htical reform bill would cause po- 
would meet to discuss a compro- laical instability and delay sew 
nri se on political reform legislation, economic measures triggered Mon- 
traders said. Passage of the laws day’s 

would allow the government to fo- ^ investors viewed that 
cm on reviving the economy. drop as too much fw one.dav. 

The rise in stock prices sent inves- . 7^ Komsbi, a senior analyst at 
(ms scrambling for Glares one day Tokyo Research Institute, 
after Waltner, a afew 

npper house cmiW bring down the markef s (Bloomberg. Reuters) 
government and delay recovery. ' 

Chi Tuesday, the Nikkei 225 rose _ m*Wm Stocks Phmee 
295.12 point* or Ml percent, to ■ Matejraa stocks ’ rnuipo 

1^648.^fSlowing a J5L. a 4 7?S 

plunge on Monday. Tbe broader 

Topix index of all shares on the cent, on^besdayas^y^^ 
Tokyo Stock Exchange’s first sec- rae forori 10 *5d^STbu^ 
tion gained M32pmiiis, or 136 comra. 

p«" wi«f" .... --wfflKSt 


High Rise in Office Rents 

Space in Hong Kong Is at a Premium 


cannot keep up , 0 mlffion *>** j >» “te b«tos 

compat^Wcb arc ^ » the company. 


was driving -rito £3 *5 — 
rents and a fvnMttc round of ^ STav®* nmtt in 

—ASSESS* 

i^K^SSSSsSs *£^jMsaeisai 

•^3K5Si5!S5!SSS-r s&i'*"'*""® 5 ' 

ssBggfflsa ga-M 

are coins to have a knodt-on 


Car Imports p 

Seen Rising 
i In Japan 

Resam 

TOKYO - Sales of .tore®- 
nwde cajs are hkdy to rump » | 
percent this year as the U.5. Bjg , 
SSSautomakers hit the 

market with new mod^Mdlower 

prices, car analysts said Tuesday. 

US and Japanese cars made 
overseas will lead the anticipate 
increase in imports, bnapng im- 
ported auto sales to about -50.000 
Sits in 1994, analysts forecasL 
This compares with 195.090 
1W3 an increase of 7-5 percent 
ova 1992. Imported cars account- 
ed (or 5.7 percent of Japanese car 
sales in 1993. 

“Imported cars wffl post strong 
sale grc*S in P^culariy 
due to cars made by the Big Three 
U S automakers, which have low- 
ered sdlins prices,” said Hiroshi 
Suemasa of Kankaku Research In- 


Hong Kong 

Hang Seng 


Singapore 
Straits Times 


Tokyo 
Nikkei 225 


iTKSt** e . 


/ 



A SOSO J 
,993 1994 


A SONDJ 


Exchange 

I Ho ngkong 
Singapore^ 
Sydney 
Tokyo 


Hang Seng 
Straits Ti mes 
"«T Ordinaries 
~N*kei 225 


Kuala Lumpur C omposite 


Bangkok^ 

Seoul 


Composite Stock 892.06 


SS anria 
Jakarta 
New Z ealand 
I Bombay 


Weighte d Price 
Com posite 
"Stock I ndex 
~ NZSS-40 ~ 
National Inti&x 


-J. 

ST SS ^ 

lV^9Q.S0 1 1 ,600.0° -oj * 
"2JBS.05 

T^jjg q 2.224.50 -0.12 I 

~1 a 648.36 1 b! 3o 3^4 +1-B1 
1.014.02 "T06435 
~1.44T.60 Mg>-59 ~^ 96 

~^06 re 738 ^a_ 

S.635J51 5357S 

-^,44 3,m^ ^ J4 

NJL 5SJ.Q5 ~ 

-TMOJ59 2,27 ?. 14 +0^*2 

1 888.85 1J329-8® *3-23 


1,447.60 


5,83531 


NA 

2^9039 

"ISSjb" 


eral Democratic l^rty agreea 10 

participate in an ad-hoc commattfie Foreign investors, 

with the governing parties to nego- ^ cautions after movK^F^ 

date a compromise on reform. central bank to 


benchmark prices. Other no- cauu^* ay cTits 

Central conm^d*® 

effect on the whole of Ihe market, said Marc week, Stelux Holdings Ltd, aj’ eta j?” 

tJSsSjI a director of Vigers InwroatioQaL a ^pper. bought dtc.Am.^sa^ 

^tfp^vXod^lW^oftoand to mnk? wav for . shop- 

adjust their rents, too." u- ^ ping center and office tower. 


I Hointev Nafonal tnctex 

rapid ascent of the Japanese sources- Review afp 

ven against the dollar last yea* 

carmakers to slash theu ^ 

reiafl prices for Japan. bri^WY" — 

Meanwhile, the outlook for Ja- Yery_BTl r " 

nan's car indusirv remains bleak as indicators remained bdow tne 

L economic nwvery ooutmu« to # JapjU| . s leading ind« of *** f(ff seventh straight month in 


overseas 


japai 


READERS AXE ADVISED 
that tha tnt+mationaf 
HtrM Tribm emot be 
j h*U ifponM* hr loa or 

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toting into m y bk*Mrtg * 
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WADE WOSlB TEADE LTO. D OT. H I. 
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7N33 9UU UK. +W,^J c ^ 6ra I 
p4 M- FAX +W *2* 8251V 

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project rnance 

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Anglo American Group He 

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“MASMEltZB r - jjUWt F BOOU C T 

umirAi mmpM^rr 


POSCO Posts Record Profit 
And Forecasts More Gains 

•n.. TAAtiiivP mid the corapar 


No^- peering 30 points. That w. up ™ ^ fS9S0 

. Adock Co. a Tokyo-based ^ -^wenf irfier failing to honor 

^ U ^ bC ““ ' 
if it faDed to honor the no.es - seco ^ companies w pay a 

• The Kawasaki district ^dr factories who claimed they 

total 463 million ven to Tokyo Electric Power Co. 

were the %icums 01^ pollution. NhK voep. auu 

were among the 12. vrinktrv became a money- 


aiww Tartan 
(Snae fanan «_ ComatJ « hn 

S PhSppeKANTOR 

Td 33-1 <20201 02 

' Fa* 33-1 48 03 30 30 


Hurd of « ramo? roamra 

rsss erases 

iib+sftof** »g. *Sr. 


eff; 3 STSSB 3 S 

cfed nrodnoer, Tnesday posted its a new blast furnaab^an quarter, an annual rate cf ■ .' nnn „al rate, 

biegtlt profit on record. Even bet- in October IJ® 2 - -jkJJSJS SeSeptembcr quarter, a — disclosure of their 

Sf?Sults are forecast for this year. POSCO’s output to 21 mlhon . Hong Kong banks have a^d credn-raling 

‘Soaring demand from Chmam a yca r from 173 million. according saying 

particular and domesne eamormc ?osays ^ for expansion co- agendeshaveenuozedthe banksfwte^ ^ 

^ /Cr> ’ me policy makes u unp^sible president, Vkhit 


*270-rooraSor.td\aiigonioDe ^^- - Dccember 

Austrafia's consumer price < ^ ffirom Oi percent in 




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- Page 16 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, JANUARY 26, 1994 


SPORTS 


Bills May Be Under, but They’re Not Dogs 


By Leonard Shapiro ever played the game, in my opinion,*’ said 

Washington Peat Service their coach, Marv Levy, wbo Idd the Bills 

ORCHARD PARK. New York— A ban- ate they knocked oul Monica and beat 
Her unfurled in the fourth quarter of the the ^ Chiefs now proud be was of their effort 
30-13 American Football Conference eham- _ 

pionship victory over the Kansas Citv- Chiefs Wide receiver Don Beebe recounted 

said it best: “We’re Back. Deal With It Levy sposlgame remarks: “Marv said,;You 
/ ^ nier ^ ca _- practice like a champion, you play like a 

The Buffalo Bills, though they have plenty ‘* an P i ° n and you win like a champion, and 
to be proud of during the last four seasons, dial includes congratulating the Chiefs be- 
have gone to Allan a where they wffl play the “““ “eyre a grea t team. 


ever played the game, in my opinion, said 
their coach, Marv Levy, who told the Bills 
after they knocked out Montana and beat 
the Chiefs how proud be was of their effort 
all season. 

Wide receiver Don Beebe recounted 
Levy's postgame remarks: “Marv said, “You 
practice like a champion, you play like a 


defending National Football League cham- 
pion Dallas Cowboys on Sunday in Super 
Bow] XXVTIi with three straight losses in 
pro football s most important game. 

So there's no swagger in this team, but 
there is heart, and a mind-set that will be 
revealed often this week. 

Clearly this is not the game most had 
hoped to see. Joe Montana against Steve 
Young and the San Francisco 49ers would 
have been too good to be true. Montana 
against the Dallas Cowboys would have 
been nice. But the Buffalo Bills a gains t the 
Cowboys, a rematch of last year’s 52-17 
blowout? No thanks. 

The Bills are fully aware of this. It's been 
their theme all season: No one respects us 
but us, so lei’s get back to the Super Bowl 
and get everyone riled up again. 

“That’s the toughest- minded team that's 


“Basically." Beebe said, “be was saying. 
’Be humble.' " 

“We could have folded up and died and 
said, ‘We’ve gone to three Super Bowls; no 
one wants us to come back, lei’s put our tails 
between our legs and just quit.' This learn 
never did that. Our goal is to win a Super 
Bowl championship. We haven’t achieved 
that yet. This win is a tribute to what this 
team is all about. Everybody said they didn’t 
want us in, but ! think it's a better story to 
see us go back and try to win this one." 

it’s a story that began four days after 
Super Bowl XXVII with the firing of the 
longtime general manager. Bill Polian, the 
man responsible for putting the core of this 
team together. The Bills lost six players to 
free agency, including all-pro guard Will 
Wolford and two talented linebackers, 
Shane Coolan and Carlton Bailey. 


During the course of the *93 season, the 
Bills were inconsistent on offense, often had 
difficulty scoring and gave up a lot of yards 
on defense, ranking 27th out of 28 teams in 
the league. They even had a stretch of three 
losses m four games before finishing the 
regular season with four consecutive vic- 
tories. then two more in the playoffs. 

Arc the Bills a better team than those of 
the past three seasons? Levy said he believed 
they were at least more mature in their 
approach. And the players say they’ve bond- 
ed tighter than any other year, if only be- 
cause of their collective bunker mentality. 

“One of our players told me if we won 
today, we would have won 59 games in the 
’90s," Levy said Sunday. “But we still 
haven't won the game we'd like to win. i 
don't want to diminish in any way the ac- 
complishments of this tram or the resiliency, 
the toughness of mind . . . They’ve shown 
that over and over. We're not out to prove 
anything to anyone but ourselves." 

They stuffed the Chiefs' running game, 
knocked out Montana with a mild concus- 
sion and ran the ball almost at will against a 
defense that bad held them to 45 yards 
rushing in their game two months ago. 

R unning back Thurman Thomas was un- 
stoppable. gaining 186 yards, the second- 
highest rushing total in ah AFC title game to 


Keith Lincoln’s 206 for the San Dii 
gers in 1963. And quarterback Tim 


Venables, 
FA Meeting 


in itvj. rtiiu quaiLeniHGs Jim r^euy was g~\ g~\ 

unflappable, constantly dusking off at the ( hi I JUllTJUT 
line of scrimmage into the proper play. Vr Al. VAlll W- 


Sir Matt’s Legacy 

IntemBiatal Herald Tribune . , 

T ONDON— On Thursday, die 

L, football legend. The sport that give bun a very special life ana gw 


Kelly insisted the Bills will have no partic- 
ular pressure on them in Atlanta, if oily 
because no one expects them to win. - 

“It means a lot to us," Kelly said of the 
fourth AFC championship in a row. “We 
might have fallen down in the last three, but 
I don’t care . . . We’re not just going there to 
laydown." 

“Nobody has done what we've done, no- 
body has accomplished what we've accom- 
plished,” he added. Tm proud to be a 
Buffalo Bill. I know 45 guys who'd say the 
same thing.” 

Levy said there would be no radical 
change in his approach to preparing for the 
Cowboys, other than the obvious difference 
of not having an extra week off between the 
conference title game and the Super Bowl. 

“Last year, coining back on the bos" from 
the loss to Dallas, “I told someone it doesn’t 
matter if you come down on Monday or 

or the lire on^wh ether youpractice atUSK?! 
or UCLA," be recalled, “what matters is 
what happens once you show up at the 
stadium, now you play. So we’re not going to 
do a lot different, just try to play better. 


Aikimu on Mend, 
Cheering Cowboys 


By Richard Justice 

Washington Pra r Service 

ATLANTA — The Dallas Cow- 
boys' quarterback, Troy Aikman, 
arrived at Super Bowl XXVIII on 
schedule, haring been released 
from Baylor Medical Center in 
Dallas when doctors, after a bat- 
tery of tests, determined that a mild 
concussion suffered in the National 
Football Conference champion- 
ship game was no cause for con- 
cern. 

“I won't be limited in any way 
this week," Aikman said. “The doc- 
tors don't want me to have any 
contact this week, but that's not 
unusual. I’m just tired right now. I 
think maybe I slept an hour last 
night. Outside of fatigue, there's no 
problem. I'm able to concentrate, 
nl be ready to go." 

Doctors advised Aikman to 
avoid contact when practice for 
Sundays game against (he Buffalo 
Bills begins on Wednesday, but 
that’s not a problem because the 
Cowboys don't allow their £50 mil- 
lion quarterback to get hit much 
anyway. 

Aikman said he could remember 
only two moments of the 38-17 
victory over the San Francisco 
49ers: pregame introductions and a 
long incompletion to Alvin Harper. 

“My neck is stiff right now. but 
everything else Ls fine,” Aikman 
said. “I started getting some coher- 
ence back at around 4 A.M, I saw 
some of the highlight reels on the 
sports shows last night, but f 
haven't seen the game" 

Aikman's concussion seemed 
one of the few concerns for the 
Cowboys, who are on in the middle 
of one of the great runs in National 
Football League history. They're 
42- 1 3 the past three seasons, and in 
the first Super Bowl rematch ever, 
they’re 10-point favorites over the 
Bills. 

Coach Jimmy Johnson sent his 
assistants to Atlanta on a 7 A.M. 


flight Monday, and they locked 
themselves in their hotel to begin 
formulating a game plan for the 
Bills. Players will meet briefly on 
Tuesday, but most of the day will 
be devoted to coaches putting the 
remainder of the game p lan in 
place. The players wifi get the first 
part of that plan on Wednesday, 
when full-blown practices begin. 

The Cowboys aren't shy about 
their own abilities, but they are 
positively polite, especially in dis- 
cussing the Bills, who lost to the 
Cowboys, 52-17, a year ago and are 
in dan ger of losing a fourth straight 
Super BowL 

“What makes you think they $ 
can't be competitive?" running * 
back Emmitt Smith said. “This is a 
new year. This is not 1993. They ;T : 
made a bunch of mistakes last year. 
You turn it over nine times and you 
aren't going to win. I think they £ 
learned something,. The people who 'A 
say Buffalo can’t win are the same & 
ones who said I was too small , too “ 
slow and not strong enough.” 

Even Johnson, who predicted the ■ 
victory over San Francisco and in ■ 
his autobiography written last sum- j 
mer said he knew victory over Buf- 1 
falo was in the bag, was compli- 
mentary. "I 

“Buffalo has a great football J 
team, and people tend to lose right 
of that," he said. “What they've 
accomplished says something 
about consistency and the persis- 
tence of their players. Their accom- 
plishments go unrewarded by the 



Compiled bjt Our Staff From Dispatches 

LONDON — Terry Venables is 
expected to be formally offered the 
England manager's job if he ac- 
cepts the terms of the contract, now 
that the Football Association has 
finally completed its selection pro- 
cess. 

The long-awaited announcement 
that Venables is to be entrusted 
with turning round the nation’s 
soccer fortunes is now almost cer- 
tain to crane by Thursday. 

The FA’s five-man selection 
committee met on Monday and the 
chief executive, Graham Kelly, 
said: “We have our final de- 
liberations and readied a decision. 
There are stiU me or two loose ends 
to be tied up, but there is no need 
for any more meetings. 

“We will make an announce- 
ment in the next couple of days, 
and it will be cither Terry Venables 
or a caretaker, which is an alterna- 
tive:” 

The option of appointing a care- 
taker would seem to have been re- 
tained in case Venables turns down 
the toms of a contract. 

There have been suggestions that 
the FA wiB offer Venables a two- 

and-a- half -year contract, taking 
him through to the end of the Euro- 
pean chanijnonships staged in Fng - 

But there could be escape clauses 
which could be invoked in the 
event of damaging developments 
over his dealings civile chief execu- 
tive of the Tottenham dub. 

• The Premier League club 
Leeds is to impose a lifetime ban on 
the fans who disrup ted die cflwrr f 
tribute' to Sr Matt Busby before 
Sunday's match against Blackburn. 

Announcing die ban from home 
and away matches, the team’s 
chairman, Leslie Silver, said Tues- 
day that Leeds and its supporters 
chib would also make a donation to 
a hospital in Manchester, tin chari- 
ty chosen, by Busby's family. 

The dub said in a statement that 
it had conridaed banning all Leeds 
fans from away matches involving 
the dub but it was decided this 
would be unfair to the large major- 
ity of supporters who were not in- 
volved. 

Leeds nfficfalg were studying 
video and photographic evidence in 
hope of identifying the culprits. 

The fans chanted “There’s only 
one Don Revie" throughout the 
tribute to Busby. Revie, the former 
Leeds and England manag er, died 
in 1989. ( Reuters, AP) 


_L Football legend. The sport that gave 
recognition has already paid its rasp eels. Thursday By 

ISy died peacefully, ugpd 84. M“ ndKB,er TB . orsa & S 


Dw«l Mono’/ Apace ftinc»haK in 1989. (Reiiter 

Troy Aikman being pressed in Atlanta: He watched some highlights “bid I haven’t seen the game.” ‘ ; 

Huizenga Beys Dolphins, 3d Pro Team 


By Richard Sandomir 

.Vw York Times Semcc 


national press because they haven't 
won the Super Bowl" 

But Johnson couldn't resist one 
small shot at the Bills’ quarterback. 
Jim Kelly. 

“Anytime a quarterback goes out 
with something hanging over his 
head, it takes away from his perfor- 
mance,” he said. “Jim Kelly would 
be much more the consummate 
professional if he'd won a Super 
BowL" 


NEW YORK — In a move that reflects tbe 
continuing strong market for sports franchises, 
H. Wayne Huizenga. the chairman of Block- 
buster Entertainment, has agreed to buy his 
third professional team, ihe Miami Dolphins cf 
the National Football League, from the family 
of the late Joe Robbie. 

Huizenga already owns two south Florida 
expansion teams: baseball's year-old Florida 
Marlins, which he acquired for a S95 milli on 
fee, and tbe National Hockey League's half- 
season-old Florida Panthers, for S50 milli on. 

Although the purchase price of the Dolphins 
was not disclosed, a person familiar with the 


deal said that Huizenga, who already held a 15 
percent interest in the team, would pay about 
5140 million to acquire the remaining 85 per- 
cent. Thai would pul the value of the franchise 
at about S 165 million, more than the reported 
5160 million paid by Robert Kraft last week far 
the New England Patriots and the highest price 
for an NFL team. The most ever paid for a 
sports franchise was 5173 million for the Balti- 
more Orioles last year. 

Completion of the Dolphins deal is not as- 
sured. The NFL, unlike major league baseball, 
tbe National Basketball Association and the 
NHL, prohibits ownership of teams in other 
leagues. Huizenga is hoping the league will 
waive the crossownership ban. 

The Robbie family, which needed to sell the 


Dolphins to pay S47 million in estate taxes, had 
signed two previous letters of intent to sell the 
team, but both agreements fell throug h. 

Joe Browne, a spokesman far the NFL, said 
the league’s financial committee would study 
the acquisition and present it to the owners. 
The next possible meeting at which the league 
can review tbe acquisition is March 20. 

• Joe BugeL who received an ultimatum be- 
fore the season to produce a winning team, was 
fired as coach of tbe Phoenix Cardinals after a 
7-9 finish. The Atlanta Falcons hired June 
Jones to succeed the fired Jerry GlanviHe as 
their coach. Jones, 40, was tbe team’s assistant 
head coach for offense, and once spent four 
seasons as the dub’s backup quarterback. (AP) 


Sheena, had requested fond, not grieving, rtaDCTbraiK^^Al^fe|c^ 
son, the latest &ot to manage Manchester Urn led, issued one instruction. 

Turn on the style for the man- . _ . . 

Style there was. Style and spontaneity in fhcSamg waves of movrajentj 
especially from Ryan Giggs and Eric Cantona. Eyerton, 
opponent, lived on hick and foithadc to 

Bat that brought victory, and United s play kept faith with me pqjcrs 
tune: One for A Scottish Soldier. , . ■ .-l 

Bom »nri raised in a mmlnc community, bckdly bla ck e ni ng bis own 
hands on the coal face, Busbyhad escaped the way of other youths, via 
sailed feet, into the wodd of pro soccer. Of all ms adueyemmts, me 
greatest was to work from bottom to top of Britain s class divide with a 
humility by no means common to those bora to nobffity. 

Matt Busby lived twice, and was twiceknighted. He defied death after 
being granted the last rites following 
the terrible Munich plane crash that f| 0 |) jjf * #' 
nearly wiped out his United team in u im1 | 1 a S 
1958. He rose from injuries that ipdud- ua " " 

that forame England’s first European Cup winner. 


The Queen in England and the Pope is Rome knighted him. 

TTie essence of Busby was that be knew how to treat triumph and 
rikac fgrjmrf s arpa He. p iypu-ssBri, ahnvi&afi else, an ability to draw out 
of other human beings the response that he. cherished. That embraced 9 
humor, courage, style and resolve. He laced serenity with toughness; even 
rutWessness. He built, and. rebmU, triumph out of inreedy, starting ai the 
age of 6 when his father was shot dead by a" World war l 'smjpov 
The end of World War II became Busby’s managerial beginning. A 
player; then a soldier, in 1945 he picked up the pieces of a blitzed sta d iu m 
and a modest ManchKter Umteu tram. His finest side, TheBusby Babes, 
was hewn out of anh r y on m talents. Eight died on the Mun ic h runway in 
February 1958. To Busby it was like losing a family. 

- The regeneration raised Busby to legend. Not anfy had he the vrifl, but 
also the sternness to break up and rebuild teams of his own making. 

Yet he remained a most approachable man, Messed with the knack of 
remembering the first tiam« of those be brushed against Sit in a room 
with him, and he would massage your ego untiL instead of feding you had 
been granted an audience. It fdt as if it was his privilege to give it 
My turn came as the 25ui anniversary of Munich approached. Sir Matt 
retired as team manager but a United director, invited me into the small 

of fice he maintaine d. 1. QM Traffmiri until hi* death. 

Q OME QUESTIONS, inevitably, painfully probed what Basby re- 
U called as “that very sad time.”. Before Munich, he bettered he could 
see 10 years ahead After it, “I two choices, other lie down and hide or 

Asked where the resolve came from, he searched for an age. The blue 
eyes paled. Slowly, he reflected: “Perhaps from the upbringing I had. My 
mother, the people there would never he down.” 

Eventually, of course, they all da Busby, through tire ups mad downs, 
was assisted by Jimmy Murphy, a d irnm uriv a Welshman. Their teams 
were tough enough to win, ffe enough to teexpressireL 
Busby was a blender of talents rather than a tactician. The best of 
those; Bobby Chariton, Denis Law, George Best, Paddy Crerarid, preced- 
ed the television ag e. At their badcs/striamg through a quieter fame, Rill 
FouBces was a rock of defense and a survivor of Munich; *Matt taught me 
everything,” said Fotdkes. “Mostly, composure and hunaliiy.’’ 

Foulkes, Kke Busby aman of minhig stock, witnessedtorard the end of 
y Busby^s managership a fmying.of the discipline. 

There 1 came a player, he scarcely understood at alL Lasr wedc. that , 
player. Best, wait openly at Old Traffoid. By his own account, his first f 
reaction was to do something Busby would never have approved, tobreak 
his Alcoholics Anonymous vow sod get drunk. . 

“Matt loved me, md l loved him,- Best explained. “I was always the 
first person he asked to see when I went back to QMTrafford, he tokl me I 
gave him more pleasure than 1 ever gave him trouble." 

Of course he aid. Best was srprerndygifted even among Busby players, 
but a wayward spirit Jfc thriflbd Bristly, at times he payed truant on 
Busby, but ultimately neither paternalistic persuasion nor rises and 
suspensions could bdd Best.- •• 

That is history. Sa sadly, is the outrage hy which fdlowas of one dub, 
Leeds United, marred the respect for Busby. Leeds, deeply ashamed, are 
sifting through video evidence with which to ban for fife tbe youths who 
with misplaced tribal instinct chanted the name of their late hero, Don 
Revie, during the silence. 

Busby would hot want than banished forever. His life was about 
reaching people through soccer. He was at heart * tribal man himself: 

Last May, when Manchester United won the English league for the first 
time in 26 years, he wore the amle of a boy. ; 

Through tragedy and trimnph , his legacy lives. 

■ ; M torn# if The Thm. 


DENNIS THE MENACE 


PEANUTS 


CALVIN AND HOBBES 



Hand delivery 
is now available 
Jusi call (42123 502 

Independent Albanian 
Economic Tribune* 






















Qcv 


Witt: ANobleEffort 
Made for Enjoyment 

Bylan Thoinseii 

International Mendd Trdnate 
hHh ..int tu Ct u rt i ng to trail 



rime, sne Das "V" 

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Right Mix 

Helps Date Oust 
No. 3 Martinez 

MELBOURNE^-* 


rmus Kjmiso L/ais v --r — 1 — ■? 

STbyto die«ro& ItatyW 

compatriots, delivered a 

^Station Tuesday to oustNo-- 

seed Conchiia Martinez from the 
^terfinals of the Australian 
Open women's singles. 

D°u, wMj* to 


ing but recovered enough ito F^j 
w£> more aggressive than usual 

:... Xlnunins WnO ! 


Open women s smgua. - re aggressive uw« *«-*■ 

Dale, swi idling her racket from q Novolna , who allowed ber- 

hand to hand, beat ibe Spaniard. JJ 1 ^ hustled into mistakes. 

2. 4-6. 6-3. to become only ^ k* «“£ she fell 
m make a but recovered alter bang 

given an anti-nausea u ^ ecu ° T ^ /viT ,_ 
61 “I didn't know how I was gtOTg 
to feel in a third set, so « "g 
important to win n m two, she 

“D„e. 23. the No. 10 seed. 


2, 4-6, 6-j. 10 newnuc j 

and Japanese woman to make i a 

singes semifinal at a Grand Slam 

101 Kazutof Sawamatsu gained *e 
semifinals here in 1973, before los- 
ing l0 Evonne Codagong. 

miisu helped coach Date when the 

Star left hand during the match 
itu-m successful- 


with her ten nanu umu** 

— most of them successful 
-I don't really practice with 
,_r. i a hni it does someti 


mv 


ftestateseii^ ^^dUganmtchthatitfeds 

^ — mSrenatii™' *e said. 


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uw-t marriage 

— - - ■ T 


Indonesia Halts 

Magic’s Tour 

The Associated Press 

JAKARTA-M^^^^f^ 

^SSS^SSS^Sem 

Hg^ssmsss 

ssfes 

sfiS5S&rt«5 
^^^ S***^ 1 °” " ith 


stretched her’ winning 

Fariier tVits month. SBC 

won the New South Wales^en m 
Sydney, moving mto the top 10 111 
the rankings Tor the first time.. 

Her previous best result m a 
Grand Slam was making “ 

terfmals of last years U-S- Open. 

.. She used deep 

more natural” she said. , more oosiuve altitude to re - 

Date now plays jhree- 11 ^ “ her ^ory over Martinez, the 

champion Steffi fSian Open champion, 

who was given a tough figiby uw ^ fans, many ofttaa 

American Lindsay Da^cnp^rt, 1 . _ . u r . w naimed to resemble the 
before winning. 6-3. *: 2 - ... .. ^ 

Tbe other semifinal will w be- 
rainvi No. n seed Arantxa S6ncha 
Vicario and No. 4 Gabrida Saban- 

L The hard-hiuing Davenport; 

achieve success. . ■ h . 

set ana mane uuu&s ‘****~ — - ■ n-te could have won in straigni 
for Graf without ever threatening ^ ^ ^ three break points iat 

4-4 in the second set but squan- 
dered them alL , . 

Martinez held serve and pnngt- 
ly broke to win the sd but Date 

Iced to a 44) lead in the deader 

^dheld on after Martinez dawed 
sa the victory with 


The Japanese ian* 
widi fac^P aimed to resemble the 
Japanese flag, repeatedly called out 

to Date to show courage. 

“It was very hot today ami 1 
reallv needed some encourage- 

^The hard-hilling Davtnporu shoaS 

ihcm that J.py«a pi.j«s can 
SSi^unMnfnnabte SSt™ *» in straight 

r anrhmit ever threatening 


10 S. Who has not dropped a 
is bidding for her founh straigt 
GiS aun title. Her boommg 
forehands gave her the edge over 

the slower-moving 16th seed. - r fadd m after Martinez dav^ 

-My matches agamst Owe an ^ ^ sealing the vtcwryw^ 

usually very close and very tough, a shot followed by a forehand 

°^Vicario^™«*d«J| ’ rt S a £^ i a«aya.M^ 
7-6 f7-3l 6-4 victory over No. 8 backhand and the Spaniard 

ManuelaMaleeva-Fra^itre. whde nets was troubS^y a 

Shbadni dsfeatfid Na 5 Jana No- ^S'car-niadeSSen^on 

H—BBt A-:" ;• votna. 6-3, 6-4. _ that side in the one-hour, 56-mrn 

, jS-— — 

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tave a life. I can eqpy *e 0^ 

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SCOREBOARD 

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European Golf, 
A Chinese First 

Agcnce France-Presse 

LONDON— Zheng Wra- 

iun will make history n«i 
week when he becomm te 
first golfer from the Peoples 

RcpiSticofChinatoplayma 

European Tour event 
The 24-year-old amateur 
has received a special spon- 
sors exemption to play m the 

{KiJESgtaS?*." 

10 6. _ , „ r 

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TO OUR REAP ERS IN ALBANIA 

'Independent Albanian Economic Tnbune 








INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, JANUARY 26,1994 


OBSERVER 


The Pro-Crime Party 

By Russell Baker Please note that our cand* 


The Hardest Roles An Actor Plays Monster 


PEOPLE 


N EW YORK — Every potiti- 
tianin the United States obvi- 
ously intends to run against crime 
as soon as possible. It is a noble 
strategy with a fatal flaw; to wit, it 
leaves a dearth of pro-crime candi- 
dates for crime-hating statesmen to 
run against. 

And so. seizing the chance to mix 
business and patriotism, I now an- 
nounce formation of a new compa- 
ny called the Pro-Crime Party Inc. 

For crime-haiing politicians the 
Pro-Crime Party Inc. will provide 
candidates ready to stump in favor 
of such acts as armed robbery, auto 
theft, burglary, running a disorderly 
house and swindling the greedy’ with 
the old dropped-podretbook scam. 

0 


Every one of our pro-crime candi- 
dates comes equipped with a stan- 


dard speech for delivery at a public 
rally. If television news shows fad to 
use sound bites from the speech, our 

pro-crime candidate wffl deliver it in 
a paid political telecast, or in 10-.20- 


or 30-second commercials, provided 
his opponent will pay for the idevj- 


Please note that our candidates 
are honest working people. They 
are not criminals, nor even politi- 
cians, and wiQ not engage in crimi- 
nal acts to assure victory for anti- 
crime politicians. 

For a supplemental charge, how- 
ever, they will participate in staged 
“Moments of Illegality," illustrating 
what they hope to accomplish for 
the advancement of crime if elected. 

In a typical “Moment." our can- 
didate, visiting Washington, is ac- 
costed on the Capitol steps by a 
lobbyist wearing tasseled loafers 
and offering an illegal campaign 
contribution. Turning to the cam- 
era. he says: 

“Can you believe, my fellow 
Americans, that under our present 

cr iminal -hatin g law I am forbidden 

to let decent citizens like this lob- 
byist give me so much money that 
even after buying the election I'd 
have enough Jef! over to buy a 30- 
room bouse plus a little island in 
the Aegean for a summer place?” 

We supply two free videotapes of 
the “Moment," suitable for sfww- 


By Eleanor Randolph 

Washington Post Soviet 




N EW YORK — After seeing Ralph 
Fiennes as the demented Nazi in 
“Schindler’s List,” meeting the real 
Fiennes, who is quietly having breakfast in 
a Manhattan hotd, comes as something of 
a shock. How could this slim, fragile-lock- 
ing man have created one of the most evil 
characters on film, the sadistic concentra- 
tion ramp commandant Amon Goeth in 
Steven Spielberg’s epic about the Holo- 
caust? 

Hovering over a plate of bacon and eggs 
on this cold winter morning is a lean and 
hungcy-looking figure, 25 pounds lighter 
than last winter, when Fiennes took diet 


supplements to produce Goeih's decadent 
paunch. And Goeth’s hairdo, chopped 
short at the bottom and slicked back on 
try, has disappeared, replaced by a Shag of 

But what startles most is his manner: 
Fiennes (which is pronounced “fines”) sis 
hunched in a protective curl that makes a 


stylish jacket and dapper vest look overly 
large, hire hand-me-downs. The searing 


his opponent will pay for the televi- 
sion tune. 

Sample line from speech: “God 
forbid that this great country ever 
see the day when the voters choose 
to be governed by a man who 
would imprison his fellow citizens 
for committing those historic 
American felonies known to our 
forefathers as . . 

Here the anti-crime politician us- 
ing our services can insert in our 
pro-crime speech two crimes of his 
own choosing. There may be an 
additional charge for the basic 
speech if customers want our can- 
didates to endorse the more dis- 
tasteful crimes. 

if, for instance, customers who 
want our pro-crime candidate to 
wage a gloves-off, no- holds- barred 
campaign in favor of murder and 
arson will naturally be charged con- 
siderably wore than those who are 
content with a ■-ampnign on behalf 
of more driving with suspended li- 
censes and decriminalizing the act of 
impersonating a policeman. 

The basic fee entitles anti-crime 
politicians to choose one of the fol- 
lowing three bumper stickers for our 
candidates' cars: (!) “Criminals 
Don't Bother People. People Do"; 
(2) “Support Your Local Drug 
Pusher": (3) “John Gotti Said It, I 
Believe It. And That Settles 1 l" 


mg at lodge luncheons and League 
of Women Voters meetings. 


/omen Voters meetings. 
□ 


Now what about debating? What 
is a campaign without a debate 


these days? Since our pro-crime 
candidates are honest working peo- 


ple rather than politicians, most are 
neither capable of nor interested in 
political argument 

For this reason we train each one 
to memorize an argument in praise 
of criminal drug activity. Its bur- 
den: Drug crime provides a living 
income for many thousands of 
poor, uneducated and unemploy- 
able young men. Moreover, since it 
flourishes in poor neighborhoods, 
its victims are mostly the poor. 

If the crime did not exist ail 
those unemployable young men 
desperate for money would inevita- 
bly be forced to turn to other 
crimes, which might bring them 
down on unpoor neighborhoods 
where the victims would be the on- 
poor. In short the illegal drug busi- 
ness is a blessing to the unpoor. 

We have designed this argument 
to cue the authentic anti-crime can- 
didate to his explanation why prac- 
tically everybody should be in pris- 
on, in most cases, forever. 

New York Tima Service 


demonic eyes of Amon Goeth that so stun 
the viewer in “Schindler’s List" are mostly 
cast downward, and as he begins to speak, 
Fiennes hesitates, filling each sentence 
with almost self-deprecating caveats like 
“sort of" or “in a way" or “if you wifL" 
So where did this 31-year-old British 
actor find the power to summon Haupt- 
slunnfuhrer Amon Leopold Goeth. a 
character who is all the more demonic 
because in some moments he is alarmingly 
h uman ? “You have to be wary of labeling 
evil in a blanket way, as just evil,” Flames 
begins. “1 think that playing a part like 
that, you can’t judge it: I can't look at the 
effect or the final result. I think one's job is 
rather to look at the cause, rather than the 



brought forth nationaba VladinBr -Zhirin- 
ovsky, are. worth noting, Fiennes adds.). 

“Someone like Amon Goeth; who mor- 
ally wasn't fully formed, would suddenly ; 
have found a focus or a set of rules or ideas 
which gave him some kind of sense of 
purpose,". Fiennes speculates, 

“1 tried to pot mysdf in ^position of 
reading ‘Man KanroP and befieringitand 
saying, ‘Yes, he’s right. Of couKe.berc, yes. 
And here.’ ” As he talks, Fiennes seems to 
transform himself into Goeth: TUeeyes are 


The King on Wheels 

AnddHaHeysto Go 


It didn’t exaefly deal with press- 
ing Middle East affaire, but King 
Hussein of Jordan found rime to 
vial a HarityDavidsm showroom 
in tWWa&ngton area twice, and 
matte plans to drop ibouf 550,000 
ra three lakes. He startled custom- 


ers at Rockville Hartey-Davidson 
in Gaithersburg, Maryland, when 
be pulled into the parking lot with 
his I (Tear motorcade and security 
detail to check out some wheels. 
The first expedition was apparently 
exploratory: be returned with 
Queen Noor. They. .reserved the 
hikes and then purchased about 
52,000 in dothes and accessories, 
-which they took, with them. .• . _ 

. □ 


that of the ddicateyoong artist who started 
the conversation a few moments earBer. 

Fiennes, the man, returns; “None of 
these people are particularly of great intd- - 
lea. He would have read .‘Mem Kampf,* 
and for him, it probably .had this veneer of 
being mteflectnally competent, and I think 
that it would have been the starting point" 

Then he switches on Goeth and contin- 
ues in a Firm staccato: “A complete certain- 


Bereriy S3s has been ejected 
diamnan jbf Lincoln Center, suc- 


Ralpfa Fiennes: “Yon have to be wary of labeling evil in a blanket way, as just eriL* 

Spielberg’s invitation to join the cast of is almost certain to be nominated for an 
“Schindler's List" came after Fiennes had Oscar. 


symptom, if you like. So I really put away. 
! pushed aside, the sense of ‘This man is 


! pushed aside, the sense of ‘This man is 
evu This man is a sadist.’ 

“1 just started off with the premise that 
this is a man who was once a child in 
diapers and, somewhere along the line, 
events and ‘some vicious mole of nature' in 
him took over his life and produced these 
actions which are horrific," Fiennes says, 
quoting Hamlet, which may offer another 
due to his approach. “1 just sort of elbowed 
away this prqudice about Amon Goeth. I 
found him vulnerable, not that he would 
know about it, but I sensed that there would 
be some sort of fracture or twist or canker 
in Ins psychological makeup or soul or 
whatever you want to call it that needed to 
find some palliative. There's a void inside 
him that needed to be filled with some sort 
of violence The closest he gets to knowing 
who he is is by brutality. Although I don’t 
for a minute think that Amon Goeth is 
conscious of that himself." 


already enjoyed great success cm the Brit- 
ish stage — and suffered a few highly 
publicized pratfalls in film and television 
efforts. After he played Henry VI, Troilus, 
and Edmund in “King Lear" for the Royal 


Shakespeare Company, some critics pre- 
dicted he'd be the next Olivier or a new 


Daniel Day-Lewis. But he also endured 
sniping from the British media for his 
portrayals of a young Lawrence rtf’ Arabia 
in “A Dangerous Mian” and a brooding 
Heatbdiff in an ill-fated Paramount pro- 
duction of “Wulhering Heights." 

Both roles may have left thar scare, with 
a British critic writing that Hermes por- 


trayed Heatbdiff s agonies “as though he 
had permanent indigestion." But Spid- 


had permanent indigestion." But Spiel- 
berg has suggested that it was after he saw 
Fiennes as Heaibcliff and Lawrence that 
he thought the actor had the power and 
creativity for “Schindler's List." 

Fiennes's portrayal of Goeth has won 
him the best supporting actor award from 
the National Society of Film Critics and 
the New York Film Critics Circle, and be 


is almost certain to be nominated for an 
Oscar. 

One of the best descriptions of Fien- 
nes's performance came from the Detroit 
News critic Susan Stark. “With dead eyes 
and a. nasal, droning voice Fiennes makes 
the handsome, sadistic, terrifying, mercu- 
rial Goeth a mesmerizing figure. He band- 
picks a tremulous wisp of a young Jewish 
woman named Helen to be his housemaid. 
Like Helen, you quickly learn to dread the 
voy sight of Amon Goeth. Yet, your eyes 
stay glued to Fiennes every time he shows 
up on the camera. The performance is 
plain hypnotic, it amounts to a brutally 
precise account of a manic-depressive di- 
saster waiting to happen.” 

Fiennes's research included trying to get 
a strong idea of how a German-speaking 
person like Goeth (who was Austrian, as 
was Hiller) fd! after Germany's loss in 
Worid War L The result was a sense of 
h umiliatio n and a strong nationalist under- 
current that Hiller used to create a worship- 
ful following, (the smfiarities between 
Germany after World War I and Boris 
Yeltsin's dispirited Russia, which has 


the cause of decay, they infiltrated die 
whole wnideGful Aryan awuzeviih&duty 
diseaso-Eke effect and corrupted Aryan 
mlwfs and the propaganda of 

Hitter was brilliant, absolutely briflianl at 
creating thre sense of certainty.” 

He actor added: “Despite all of that, 
Steven was saying that whatever the set of. 
beliefs these people have pulled onto them- 
selves, underneath they axe, sort of, human 
brings." The director had warned that he 
did not want a simple "devil or a monster. 
He wanted a human being" 

The monster Goeth shootsprisoQQS like 
day pigeons from Ins mansion ovedooking , 
the camp. The human Goeth, who is deariy 
attracted to bis Jewish e l e nnip g woman, 
oabs her breast, dudes her, coomgsoftfy: 
“Is this really the face of a rat?" Thai be 
realizes, in terror, that die is a roo^ re g hi m 
as a man. The monster returns, beating her 
violently, toppling a cabinet foil of glass 
over her shivering body. 

“1 think that scene is so important, so . 
crucial, not just to the character bar to the 
film," Fiennes says. “Actually, die Ger- 
mans were human bongs, and in a way they 

Amon^toeth is a tragic diarheter. If he 
admits he's wrong, thou his whole worid, bis 
whole reason for being, for understanding, 
who be is, falls apart.” 

Frames says that while in Poland making 

are still infected with what he aSs^der^ 
obscene set of bdiefs.” He recalls the day he 
was dressed in an SS costume mid a Polish 
wo man came Up tO him, amTing arid nod-.. 
rim g and m a u l in g to be burning amicably. 
FienneS wnfodi SaA politely until & frtervt 

translated: “She said. The Germans -were 


mar soprano,' 64, who became direc- 
tor cf the New York City Opera 
after She stopped sqgiqg, is Ibe fust 
woman to use oii the vohmteerjob. 

■ ‘ ; Q-- 

A popular British soap opera star 
collapsed ixrcourt and was taken to 
a Ikmdcnhomtd after ksing a libel 
suit against The Sun newspaper, 
which repealed that she ana her 
bayfrieaahad sexto, a car parked oo 
a public road. GtBran TayUortb, 
who with Geoff Knights could be 
liable for court costs of more than 
£500,000 (5750,000). was described 
as in stable condition. 

'-•••• a 

Yen Lynn, 76, who entertained 
Wodd War H Iraqis with songs like 
“The White Cfiffs of Dover,” has 
been left oat of, the official 50th 
amuvexsuy celebrations of the D- 
daylandmgs in Franck The Times 
of London reports. “And yes," she 
said, *Tm disappointed." 

□ 

. The couturier Karl Lagerfeld 
canceled an appearance at an 
awards ceremony in Berlin tins 
month, fearing for his safety after 
offending some Muslims with his 
low-cut dresses bearing embroi- 
dered verses from the Koran. La- 
gerfdd and Chanel the boose ^he 

dresses were^MdeLoyed. 


charming people, and they didn’t k31 any- 
one who didn’t desave n.’" 


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WEATHER 


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« New Orleans's 
v«ux 


a Child's snot 


is Pique 

14 Mix ’n' match 
collections 

is Fisher's boat 


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CoU 


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is Rhapsodic 


North America 
Ram. Ice and snow will 
spread northward through 
ihe Ohio River Valley and 
Greet Lakes Thursday. Raki 
wM prevail I ram CtnckmaH to 
Indianapolis with snow and 
Ice (he ride horn Chicago to 
Toronto to Wbany. M.Y. Bit- 
terly cold air will remain 
locked <n Canada. 


Europe 


High wmda later this week 
wi! he focused from Britain 
to the Low Countries and 
northwestern Germany. 
Showery rains wO accompa- 
ny the high winds. London 
and Paris wB be nWy and 
mRd much of this week with 
showers. Snow wit blanket 
Stockholm and Helsinki 
Thursday into Friday. 


Asia 

Cold air will be oonflned to 
the northeastern comer ol 
China and Japan later this 
week. Snow squalls will 
accompany the cold air from 
norihoasietn Korea through 
Sapporo. The Phfflppkws w« 
be warm wllh scattered 
showers. Saigon and 
Bangkok wll be sunny, while 
heavy rains soak Indonesia. 


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CnpvTowi 


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2002 18/64 ■ 28/82 18/61 ) 


17 Opening of 
4/ti/gj 


ifl "My Cup 
Runneth Over' 
singer 
an Church 
teachings 
22 Pitch 
24 Opening of 
3/13/47 
22 Dialect 

28 Beatles' ’ — - 
Mine“ 

29 Responsibility 
ao Pope 011775 
34 Kitchen item 
37 Song from 

“Mondo Cane' 


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16/51 4/99 ■ 17/02 6/43 s 


Solution to Puzzle of Jan. 25 


North America 


Anctamg* 

JUbmO 


Middle East 


Latin America 


Today 

High lam W 
OF CIF 


Tomorrow/ 
HJgh Lng If 

OF OF 


Oceania 



17*02 

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anno manias aaaa 
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Isasassaa naasaa 
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sbss sass asaas 
asm sbqh anaasa 
anas anas 
□aaaas asauaaiaa 
auauaaauaaaaaaa 
anaa uauas aaaa 
hsqu saasa aaaa 


38 Beauty parlor 
service 

32 Nutmeg spice 
40 Kind of money 
4f Soda fountain 
Indulgence 

42 Back up. in a way 

43 Actor McKellen 

44 Singer Don 
46 Opening of 

3/26/84 

52 Be a 
breadwinner 

53 Flu variety 
s< Memorial 

Coliseum player 
M Opening of 
4/23/63 
as Smack 

62 Schiller drama 
subject 

63 Composer 
Bruckner 

e«Gab 

bs Name suffixes 

66 Not In the 

67 ■Rosemary" ol 
film 


1 Timber tree 

2 Cuckoo 

3 Oil drilling 
equipment 

4 Robin Cook 
bestseller 


s Out on 

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y Martini’s partner 
8 Snake 

sin concealment 

10 Advertising pipy 

1 1 Theater crib c 
Kenneth' 

13 1979 Midlerfilm 
is Electron tube 
isTurandof 
librettist 

ao Sixth-century 
date 

22 Eastern capital 

23 Often /Regal 
auto maneuver 

as" Hell 

Harry’ . 

22 Magnificence 
*7 Out of jail 

31 ’...kerchief and 
my. cap" 

32 Berlin 
connector 

33 Retirees' agey. 
3« Flutter. 

35 Vast expanse 

36 "Roberta" 
composer 

30 Bunkum 
4i "Just — -" 

43 Together 
45 Medium grade 
4« Crash diets 
47 Poe family 


O New York Times Edited by Will Shortz. 



48 Nobel physicist 
Bohr 


si, Broadway cars si Some popular 


42’Soames Forsyte 
• wife 

so Certain -. 

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sa Parking mishap 

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96 Woman" 

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DIAGONAL 

i Opening of 


Travel in a world without borders, time zones 

or language barriers. 


AI^Atxt^Nurnbers 

HowtocaBanjundtheworW. 

1. Using the cfonhdatv, find [he country you ate catling from. ... 

2. Dial the corresponding AR2T Access Number. 

5. An AQET Enjdteh-speaidng Operator or voice promp( witf ask for the phone number you wish to call or connect you to a 
customer service representative. 

To receive your free^ walks card of ADSTs ActtssNumbere, just (Sal the access number of 
tiKCOUi^’you^toaiidasfefor^^ ' 


COUNTRY ACCESS NUMBER 

asia/pacifk: 


Ajnatralia 
rhfpa,reO» 
Guam 
Hoag Kong 
India* 

tfiAfnqj a* ■ 
Japm* 

Korea 
KoreiM , 
Malaysia- 

Men- Zealand 


83b 


csflbgGanr j Imagine a world where you can rail country to country as easily as you can from home. And 

__ -'j directly from over 1 25 countries. Converse with someone who doesn’t speak your 
83b ,tw$;&T^^^^9 language, since it’s translated instantly. Call your clients at 3 am. knowing ihey’ll get the message in 
^ OUr V ° iCe 31 3 m0fe pofile hour ‘ A11 this I s now possible with AIKD 
C- '** £ £* . — ... - To use these services, dial the AKT Access Number of the country you're in and you'll get all the 

help you need With these Access Numbers and your AT&T Calling Card, international calling has never been easier. 

If you don't have an AR£T Calling Card or you’d like more information on AR5T global services, just call us using the 
convenient Access Numbers on your right. 


RlMBtt^riOBCPlQ 

Saipan’ 

Singapore ^ 

Sri Lanka 

Taiwan* 

Thailand* 


0014-881-011 

loan 

018-372 

800-1111 

000-117 

00-801-10 

0059-111 

ooy-ii 

n; 

800-0011 
ootwn 
105-11 
155-5042 
235-2S72 
HO&O Ill-lit . 

430430 

0060-I028S4) 

0019-991-1111 


CQUNTKY 

Hongaay* 

fcefcuHhi 

■ f rekwvf 

Italy* ^ 

I Wl nma fl u* 
7 Ifl lTMnl BA 

luxamhouty 
Malta* ' • ' 

Monaco* . ~ 

ggMsrir 

Norway* 

TOtandV- 


aorakfa 

Spain 

oWWI* 

Swtarrtattd* 

IT-g. 


ACCESS NUMBER COUNTRY ACCESS 

QQa- 800-01111 Chile (XU-031Z 

999^001 COkiniMi 77 980-11-0010 

1 l-80»S5fMWO Cocta Bt ca*a ^4 

172-1011 Ecuador*' " Jjp 

WSS SSaivadcB** 1 : 

! nTwrarWo* r 

.. Ql gs 1 — is 

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— ~ 95-8MM62-424 Q 

— • — Bte B BEflggae fi 174 

- a00 ' 1 9O-n P anama ar i/yj ’ 

: pgj? — . . ' ” 

05017-1-288 — — / — — 

— * - Surinaxac . 156 

"Zr** Uruguay " 1 : QO-0410 ’ 

oo-tawxxioi- — 

: g5S5Sb-n ; 

020-795^11 — 

15WK' 1-80087 2-2881 

0500-89-0011 1-800-872-2881 

BEAST frfcfefoV 1 1-800-872-2621 

■ 89Q-0PI gayroaotefawb ‘ l-«»g72-zflBi. 

5104200- 1-800472-2801 

177-100-2727 ^ 0Ql-«VUm5^ 

0400472 -» »' 

42fr801 gq^-Antfl 001400472-2881 

HflO-IOO ^KjnyNev te 1-900-872-2881 

_0Qg)0-U277 

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001-800-200-1111 Gambia* , , 

? — 0900-10 
MOO-111 1 tAerfa r 

000-6010 Mil™** — 

Maw* 101-1992 

• • - - . . ; 

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n^y- 

Colorobto 

Co<«aBtca*a 

Ecuador*:. 

SlSaWadMH 

Guatemala* 

Qa y tutar* 

HoodurasTi 

MadouM 


■ panama* 
Pen^ 

. Suriname 


Venezuela** 


EUROPE 




Araneoter 

Austria*" 

BdKiuai* 

Ikiljpirfct 

Croatia*^ 

CyptiLs" 

Czech Sep 

Denmartr 

FkkJand? 

France 

Gqmamy 

Greece* 


6*14111 

022-90^-QH 

OTH-n-OOlO 

OO-lfflO-OOlO 

99384011 

QHfV9O01O 

0042040101 

6001-0010 

9800-100-10 

19*4011 

01504010 

00800-1311 


MIDDLE EAST 

Bahrain . 6BQ4P1 

Egypr (Cairo) 3104200 

tod - 177-100-2727 

tararafe - 800-288 

LetocaiCBeitpp 42fr80l 

Saudi Arabia 1-800-100 

Turkey* 00400-12277 

~ . AMER I C AS. 

Ar^tena* .. Ml-apO-aOO-llii 


AT&T 


© AKT 


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