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INTERNATIONAL 


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The World’s Daily Newspaper 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST*'' 

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Paris, Friday. April 11, 1997 



No. 35.493 




EU Recalls Envoys as 

4 Murders in Germany Laid to Tehran Regime 



No Break in Ties Expected Despite Policy Shift 


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' By William Drozdiak 

Washington P os i S ervice 

BERLIN — A German court ruled 
Thursday that the highest levels of the 
Iranian government ordered the gans- 
land-style slaying of three Kurdish dis- 
sidents and their translator in Berlin 
nearly five years ago. 

As Iran's biggest trading partner and 
closest friend m the West, Bonn has 
pur sued business dealings with Tehran 
while beating such controversial issues 
as human rights and terrorism in a low- 
key manner. After the court ruling, 
though, Germany recalled its ambas- 
sador — a move echoed hours later by 
the European Union. 

“The participation of Iranian 
agencies, as found in the court verdict, 
represents a flagrant violation of inter- 


national law,” the Foreign Ministry said, 
in a statement in Bonn. 

A three-judge tribunal s e ntenced an 
Iranian grocer and a Lebanese accom- 
plice to life in prison for their role in 
gunning down the Kurdish exiles and 
the translator at the Mykonos restaurant 
in 1992. Two accessories were given 
prison terms of five and II years. 

The presiding judge, Frithjof Kub- 
sch, said the four men had harbored no 
personal motives but were fulfilling an 
assassination decree issued by Tehran's 
Committee for Special Operations. The 
court did not cite names but said that the 
committee consists of Iran's president, 
its top religious authority, the minister 
of intelligence and other senior security 
officials. 

It was the first nine that a Western 
court directly implicated Iran's funda- 


mentalist leaders in die killing of Iranian 
dissidents in Europe. Iranian opposition 
figures say that at least 20 people in 
Europe have been killed by hit squads 
operating on Tehran's instructions since 
the Islamic theocracy took power in 

1979. 

The United States has often exhorted 
hs European allies to isolate Iran for its 
alleged role in sponsoring terrorism 
abroad. But Chancellor Helmut Kohl's 
government has balked at jeopardizing 
the interests of corporations that do 
nearly $2 billion in annual trade and 
hold $5 billion in debts from Tehran. 

Judge Kubscb insisted that the three 
judges were not seeking to indict the 
Iranian government. But he said they 
reached an inescapable conclusion after 

See IRAN. Page 12 


By Tom Buerkle 

Ifcrrnjtu w! Herald Triftin? 


BRUSSELS — The European Union 
decided on a mass recall of ambassadors 
from Tehran on Thursday and suspended 
its so-called critical dialogue with Iran 
after a German court ruled that the Is- 
lamic regime had ordered the assassin- 
ations of four people in Berlin in 1992. 

The decision was an embarrassing 
and abrupt policy reversal for the 15~ 
nation EU. which has maintained its 
dialogue with Iran since 1992 despite 
vigorous pressure from the United 
States. 

The immediate impact of the decision 
will be to cancel a meeting between EU 
and Iranian officials scheduled for May 
13. The Union's foreign ministers will 
consider further action at their regular 


monthly meeting on April 29 in Lux- 
embourg. but officials said there were 
no immediate proposals for tougher 
measures and no expectation ihai the EU 
would break off relations with Iran. 

The move, which was agreed on at a 
meeting of senior officials in Brussels 
late Tnursday — although Italy and 
Greece did not immediately go along 
with the recall — came at the request of 
Germany. It has been the main ad\ ocate 
of EU contacts with Iran and is Tehran's 
biggest European trading partner. 

Bonn persuaded most of its partners 
that the EU had no choice but to toughen 
its stance after the ruling Thursday by 
the Berlin court. 

"Proof has been found of the im- 
plication of the Iranian authorities in 
that terrorist attack.” a Dutch official 
explained. 


A statement issued by the Dmch pres- 
idency of theEU added: “The European 
Union condemns this involvement of 
the Iranian authorities and regards such 
behavior as totally unacceptable in the 
conduct of international affairs.” 

Germany also recalled its ambassa- 
dor from Tehran and expelled four Ir- 
anian diplomats. Iran, denying am re- 
sponsibility for the murders, said it 
would w ithdraw its envoy from Bonn. 

Iran also plans to start court proceed- 
ings against 24 German companies that 
it contends helped Iraq acquire chemical 
weapons that were used against Iran 
during their long war in the 19S0s. 

Although the Union has always 
wanted a constructive relationship with 
Iran, it said “no progress can be possible 
while Iran flouts international norms 








A New Era 
Of Stability 
For Angola? 

: After Long Civil War, 

V • Rivals Unite, Warily 


By Lynne Duke 

Washington Post Service 

JOHANNESBURG — After decades 
of civil war and years of inte rnational 
attempts to forge a political end to the 
mayhem. Angola’s rival parties are to 
inaugurate a government of national 
unity Friday even as lingering conflicts 
mar the delicate peace process. 

The new government will integrate 
Jonas Savimbi’s National Union for the 
Total Independence of Angola, whose 
initials in Portuguese spell out UNIT A, 
into die government of President Jose 
Eduardo das Santos. Thus, it is hoped, 
UNTTA wHi be transformed from an 
aimed movement into the principal op- 
position party. 

In one of Africa’s longest civil wars, 
fighting between UNTTA and the ruling 
Popular Movement for the liberation of 
Angola, or MPLA, began before An- 
gola’s independence from Portugal in 
1975. paused briefly far elections in 
1991-92 and ended officially with the 
signing of the Lusaka Protocol in 

Through much of the conflict, the 
United States and South Africa backed 
UNTTA against the feen-Manrist 
MPLA government and its Soviet and 
Cuban patrons. The Lusaka accord 
ushered in the UN-supervised integra- 
tion of UNTTA into Angola's political 
1 and military structures, which will cul- 
minate with Friday's inaugural cere- 
' mony. On Wednesday, 70 UNTTA law- 
' makers were sworn in as members of the 
National Assembly. 

But in a sign of the deep distrust and 
tension that still characterize relations 
between the two parties, Mr. Savimbi, 
- one of the continent’s most enduring 
rebel leaders, will not attend the in- 
auguration ceremony in Luanda, the 
capital, said a UNITA official. Minus 
Tadeo. Nor did Mr. Savimbi attend the 
parliamentary session in Lua n d a on 
Tuesday at which be was officially 
granted legal status as president of An- 
■^gola’s main opposition party. 
i ' “ All the political and security con- 
ditions are not good,” Mr. Tadeo said, 
echoing Mr. Savimbi’s oft-repeated Tea- 
son for steering clear of the capital. Mr. 
' Savimbi has' not been in Luanda since 
1992, when his refusal to accept defeat 
in a presidential election led to renewed 
warfare. . * 

Jaido Mukalia, chairman of the Cen- 
ter for Democracy in Angola, a UNTTA- 
aligned organization in Washington, 
said that UNTTA also wan ts to avoid 
giving the impression of a surrender by 


* 


See ANGOLA, Page 12 


Books 

Page 4. 

Crossword 

Page 3- 

Opinion - 

Pages 8-9. 

Sports 

Pages 22-23. 

Sponsored Section 

Pages 14-ts. 

Mauritius 


International Classified 

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Jupiter Moon 
Shows Signs 
Of an Ocean 


that scientists say may indicate water lies just below a thin crust of ice. 


By John Noble Wilford 

A few York Tima Service 

NEW YORK — Looking at the 
most detailed pictures yet of Europa, a 
large moon of . Jupiter, scientists say 
they are more confident than ever that a 
global ocean of liquid water or slush is 
lying just beneath Eoropa’s thin crust 
of cracked ice. And this, they add wife 
rising enthusiasm, might just be the 
place to look far extraterrestrial life. 

On Europa, which is abonr 2,000 
miles (3,200 kilometers) in diameter, 
or slightly smaller than Earth’s Moon, 
fracture lines extend hundreds of miles 
across the frozen surface, curving and 
intersecting in spider-web patterns. 
Huge ice blocks stand above the crust- 
like icebergs. 

The pictures of Europa, taken by the 
Galileo space probe, show that every- 
where.fee surface is fragmented — as 
if chunks of ice cracked, drifted apart 
and then froze again in -slightly dif- 
ferent places, like pieces of a jigsaw 
puzzle not quite perfectly rearranged. 

This is compelling evidence, sci- 
entists say, that heat from Europa’s 
interior has turned a thick layer of the 
moon's ice into water and that fee 
warmth and currents of the subsurface 
ocean have created shattering stresses 
on the crustal ice. 

They say they believe fee heat most 
likely came from the radioactive decay 
of elements in fee moon’s rocky core 


and also from tidal forces caused by 
fee gravitational pull of Jupiter, fee 
solar system's largest planet, and its 
three other large moons, Io, Callisto 
and Ganymede. 

“This is a very convincing set of 
pictures wife respect to the presence of 
a liquid ocean,” said Michael Can. a 
planetary geologist with the U.S. Geo- 


logical Survey. 

Since water — and fee heat to keep 
it in a liquid state — are essential 
conditions for life on Earth, the pos- 
sible discovery of liquid water on an- 
other body in fee solar system in- 
evitably stirs new speculation about 

See JUPITER, Page 12 


Russia Reformers Aim 


At Energy Monopolies 

Attack by New, Emboldened Yeltsin Team 
Is Part of Campa ign to Revive Economy 


By David Hoffman 

Washing u-n Post Sen tee 

MOSCOW — President Boris 
Yeltsin’s new team of reformers has set 
its sights on fee powerful Russian en- 
ergy monopolies, including fee natural 
gas giant Gazprom, in hopes of spurring 
competition and lower prices to revive 
fee country’s moribund industry. 

Boris Nemtsov and Anatoli Chubais, 
fee first deputy prime ministers recently 
appointed by Mr. Yeltsin, are heading a 
fresh drive to restructure Gazprom and 
Unified Energy Systems, fee country's 
sprawling electricity behemoth. Both 
are legacies of the Soviet era and remain 
partly owned by fee state. 

Mr. Nemtsov also announced another 
move this week to abolish the lucrative 
privileges enjoyed by special “author- 
ized” banks feat are allowed to handle 
billions of dollars in government ac- 
counts. The prized status of “author- 
ized” bank has made many bankers into 
millionaires. 

For several years, liberal economists 
and fee International Monetary Fund 
have urged the restructuring of fee en- 
ergy monopolies, but the companies 
have resisted any substantial changes. 
Gazprom has relied on the formidable 
backing of its one-time boss. Prime 
Minister Viktor Chernomyrdin, and it 


remains a wealthy and influential com- 
pany. 

But there are signs feat fee reformers 
have been emboldened. The appoint- 
ment of Mr. Chubais and Mr. Nemtsov, 
a former provincial governor, as Mr. 
Chernomyrdin's top deputies, was 
taken as a signal feat Mr. Yeltsin is more 
serious about a far-reaching second- 
term agenda. Mr. Yeltsin this week 
chastised Mr. Chernomyrdin as being 
ineffective, while praising Mr. Nemt- 
sov. A poll published this week by fee 
respected All Russian Center for Public 
Opinion Research showed feat Mr. 
Nemtsov has matched the charismatic 
former general. Alexander Lebed, as 
one of the most trusted politicians m the 
country. 

In another indication of shifting polit- 
ical winds. Mr. Chernomyrdin’s energy 
minister. Pytor Rodionov, who previ- 
ously was a gas industry executive and 
who defended Gazprom while in the 
government, resigned this week. He 
swiftly went through a revolving door, 
back to Gazprom. 

“If we want to move forward, 
something has to be done wife these 
monopolies,” said Irina Yasina, a jour- 
nalist who writes about economics and 
is co-owner of Prime, an information 

See RUSSIA, Page 12 


With a Yeltsin Lift, the Bolshoi Gets Back on Its Feet 


His Firing of Director in ’95 
Leads to Reforms at Theater 


By Michael Specter 

New York Times Service 

MOSCOW — Anna Antonicbeva looks as if her 

S elegant legs are about to buckle beneath fee 
ery weight of her body. In a few hours, she and 
her young partner from fee Bolshoi Ballet, Dmitri 
Belogolovstsev. will leave for Canada, where they 
have been invited to perform in an evening of dance 
devoted to the ballet stars of the 21st century. 

The two have spent the afternoon gliding, stomp- 
ing and soaring across fee warped old floors of fee 
rehearsal studio adjacent to the Bolshoi’s aged, im- 
perial stage. Tl^y have been driven like pack horses 
by their teacher, the former Bolshoi star Marina 
Kondratiyeva, and try now they look like a couple of 
prizefighters staggering desperately toward the final 
bell. 

“Don't rush it, my love, and don’t stop,” Ms. 
Kondratiyeva shouts at her gasping young bal lerin a. 
“You are too tense. You must relax. 

“Unwind. You can only be wonderful tomorrow if 
you are wonderful today." 

Ms. Antonicbeva buries her head in a towel and 
screams. 

Then she gathers her regal figure, nods to the man 
wife fee tape player and floats through a scene from 

See BOLSHOI, Page 12 



A member of the ballet corps at the Bolshoi rehearsing at the reformed and revived theater. 


CIA Failed 
To Warn of 
Iraq Nerve Gas 


By Philip Shenon 

New York Times Service 

LANGLEY, Virginia — The Central 
Intelligence Agency’s own errors may 
have led to the demolition after fee 1 99 1 
Gulf War of an Iraqi ammunition 
bunker that was filled with chemical 
weapons — an event feat may have 
exposed tens of thousands of American 
soldiers to nerve gas. 

At an unusual televised news con- 
ference at its headquarters here Wed- 
nesday, the agency apologized to the 
veterans for failing to notify fee 
Pentagon about fee contents of the de- 
pot. 

A report released by fee agency re- 
vealed feat the CIA had solid intel- 
ligence in 1986 that thousands of 
weapons filled with mustard gas had 
been stored at fee Kamisiyah ammuni- 
tion depot in southern Iraq. 

Despite feat evidence, fee agency 
failed to include fee depot on a list of 
suspected chemical-weapons sites 

See GULF, Page 12 


A Japanese Twist on ‘Kill the Umpire! 5 


By Kevin Sullivan 

Washington Post Service 


TOKYO — The Yakult Swallows 
pitcher spun on the rubber and faked a 
ferow to first base. The umpire had 
rarely seen such an obvious balk, so he 
called it, enraging fee pitcher and his 
manager and setting oft the latest trade 
spat between fee United States and Ja- 
pan. ‘ , 

This time, the troublesome import 
was a native New Yorker: Mike Di 
Muro, the first non-Japanese umpire 
ever to work in Japan’s professional 
baseball leagues. Japanese baseball of- 
ficials say players and fens have lost 
faith in their homegrown umpires. So 
feey recruited an up-and-coming Amer- 


ican for this season to “stimulate a 
renaissance among Japanese umpires 
wife ins fair and strict and lively con- 
duct.” 

Di Muro, 29, an umpire in American 
triple-A baseball, one cut below fee 
major leagues, is already causing 
grumbles wife his American brand of 
umpiring, which some here see as an- 
other foreign threat to Japanese culture 
and tradition. 

After Di Muro's balk call, Katsuya 
Nomura, fee Swallows’ manager, 
stormed onto fee field wife an inter- 
preter, screaming, “Why? Why?" and 
insisting feat his pitcher had done noth- 
ing wrong. Still steaming after fee 
, Nomura told anyone who would 
i: “This American umpire is going 


to completely mess up Japanese base- 
ball." 

The Japanese and American versions 
of baseball are as different as sushi and a 
McDonald’s fish sandwich: the same 
basic ingredients, but adopted to suit 
two extremely different cultures. The 
American major leagues are filled wife 
strong personalities and flashy indi- 
vidual performances. Japanese baseball 
is cautious and dominated by group 
behavior, with lots of sacrifice bunts, 
endless on-field conferences and plod- 
ding strategy in games that routinely last 
four hours. 

For an umpire, there are more subtle 
differences. The Japanese strike zone is 

See UMPIRE, Page 22 


AGENDA 

Mobutu’s Choice: How to Leave Power 


| The Dollar 1 

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■nwrettey « 4 P.M. 

previous dose 

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Yen 

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The Dow 



nwateytiooe 

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-23.79 

6540.05 

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change 

Thureday S e PM 

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758.33 

760.57 


The choices open to President 
Mobutu Sese Seko of Zaire have been 
narrowed to how he will relinquish 
power, according to observers in the 
capital. Kinshasa. As fee rebels con- 
tinue to press forward, and Marshal 
Mobutu named the third government 
in a week, former close allies let it be 
known feai fee Mobutu era was over. 
Belgium, the former colonial power, 
said his time was up, and Prime Min- 
ister Alain Juppe of France called him 
a “tired dictator.” The final choice: 
Will his role end peacefully or in 
flames? News Analysis, Page 12. 






INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL II, 1997 


PAGE TWO 


The Hounding of Labour / A Minority Bellows 


British Foxes Don’t Vote , 
But Fox Hunters Do 


By Warren Hoge 

Ne h- York Times Service 

S TOWE. England — Advocates of fox 
hunting, feeling their traditional sport 
is endangered by the likelihood of a 
change in government after the na- 
tional election on May 1. have taken a step 
cunningly appropriate to fighting a party called 
Labour. They have formed a union. 

"People have the impression this is a thing 
just for Lord and Lady Such and Such, but 
there are more than 90,000 of us employed in 
country sports, and Labour’s threatening to 
take our livelihoods away," said John 
Frerwell. huntsman of the Stowe Beagles, who 
is the new group's chairman. 

His number includes blacksmiths, game- 
keepers. grooms, foresters, sports tailors, sad- 
dlers. feed merchants, river guardians called 
ghilties. and hunt assistants called stalkers, 
beaters and whippers-in. 

Most are poorly paid and many, like Mr. 
Fretwell. live in cottages or houses furnished 
by one of the 300 hums around Britain. All are 
working-class folk, the kind of people who 
have looked to Labour to represent them in the 
past and whom Labour does not want to lose as 
it focuses on trying to win back power from the 
Conservative Party after IS years in the polit- 
ical wilderness. 

The lobby becomes millions if you add to 
their numbers the anglers who worry that re- 
strictive government policy might move on to 
fishing and the hundreds of thousands of pen- 
sioners. farm workers and small -town pro- 
fessionals who consider that pulling on their 
wellingtons, grabbing their walking sticks and 
ambling along with the hum is the finest and 
most accessible form of recreation. 

The object of their ire is a plank in the 
Labour Party platform that calls for a vote in 
the House of Commons to ban hunting with 
hounds. 

Until now it seemed a safe shot for Labour 
since the target was identified in party headquar- 
ters with high-horse upper-class elitism. 

But the urban-oriented legions of the re- 
formist leader Tony Blair did not reckon with 
the reaction the plank would rouse from Mr. 
Fretwell. surrounded by his frisky pack of taffy 
and white beagles whose boisterous cater- 
wauling is called by hunt lovers "the music of 
the hounds." and from bis many sympathizers 
in the countryside. 

"Going along on a hum is like people in 
New York watching a basketball game.” he 
said. “It's what people who live here do.” 

Mr. Fretwell. a voluble Yorkshire man who 
is a walking emblem of British country life 
with his patterned flat hat, riding crop and 
smock pockets full of biscuit bits for his ca- 
vorting dogs, thinks he has detected the scent 
of an all-out assault on rural life if the Labour 
Party, now far ahead in the polls, is not dis- 


suaded from its plan to vote on the ban. 

‘ ‘The immediate target may be hunting, but 
it will only be a matter of time before the anti- 
field-sports campaigners move on to shooting 
and fishing,” he said. 

Elliot Morley. a former teachers’ union head 
from Liverpool who is Labour’s spokesman in 
Parliament on rural affairs, initially turned 
aside the concern expressed by the new Unioa 
of Country Sports workers. 

The party platform, however, was quickly 
rewritten the other day to play down the pri- 
ority of the proposed move in Parliament. 

The country-city schism is divisive in this 
society. “The countryside is seen by many as a 
place to picnic, to visit and to walk, but for 
those of us who live here, the countryside is a 
way of life, and country sports are a part of that 
life.” said Penny Mortimer, a founder of 
Leave Country Sports Alone, one of the many 
advocacy groups that have sprung up around 
the argument. 

“I was brought up on a pig farm in Kent and 
I spent my life around animals.” Mrs. Mor- 
timer said. “I hunt, I fish and I shoot, and they 
are country traditions that I’m glad to be part 
of. ’ * She said the people who oppose fox hunt- 
ing "live in cities and do not understand it." 



H ER husband, the playwright John 
Mortimer, and Mr. Morley have 
moved the dispute into a time- 
honored arena of British debate, an 
exchange of letters in a newspaper, in this case 
The Guardian, which is friendly to Labour. 

"This is not an urban vs. rural issue." Mr. 
Morley wrote. "It is based on the morality of 
inflicting prolonged pain and stress on animals 
for no other reason than entertainment" 

He proposed that the social spirit served by 
hunting be maintained with “drag” hunting, a 
no-quany method where a scent is laid down by 
a rider and the hounds are then loosed to follow 
it “I know you think this issue is a matter of 
personal choice." he wrote, “but so did those 
who defended slavery, bear-baiting, badger-dig- 
ging and sending small boys up chimneys.” 

Mr. Mortimer responded. "My wife and our 
numerous Mends who enjoy hunting arc no 
sadists and have no desire to send small boys 
up chimneys.” He told Mr. Morley that "in the 
mistaken belief that this is indulged by a few 
Tory toffs you plan to drag Pony Club children, 
middle-aged women riders and thousands of 
foot followers off to jail.” 

Literary and historical citations — Ma- 
caulay. Wilberforce, Darwin, Hardy, Shaw. 
Lord Soper, Wilde. Trollope and Siegfried Sas- 
soon. the antiwar poet who wrote ‘ * Memoirs of 
a Fox H unting Man” — were trotted out. 

"You will remember." Mr. Mortimer said 
in a final epistolary thrust, "that the first 
government to ban fox hunting was that of 
Nazi Germany, so was Hitler more civilized 
than Sassoon?" 


PLnrr.Tbe New VxiTi 

John Fretwell, huntsman of the Stowe Beagles and head of a group fighting the Labour Party’s proposed ban on hunting by hounds. 

Speaking of Blood Sports: Thatcher Unleashed 

p,, I campaign is uncertain. Whether it matters is I Tcny constituencies." The campaign, she said, 

suniUy unknown, for while the campaign is is iust getting started. _ . ■ ^ 


By Fred Barbash 

Wasinngion Past Service 

A LDERSHOT, England — Margaret 
Thatcher, a nonperson so far in Bri- 
tain’s election campaign, has gone 
on the stump for the first time, vis- 
iting a small-time soccer team in Hampshire 
and proving herself more than worthy of its 
motto, “Alive and kicking." 

The former prime mini ster also demon- 
strated why Britain’s two major parties would 
just as soon keep her caged up, for the lively 
kicking she administered landed squarely on 
the backsides of both. 

Asked whether her Conservative Party suc- 
cessor and supposed ally. Prime Minister John 
Major, would win, she gave the wrong answer, 
none, instead she wound up launching an 
attack on his policies toward Europe. 

Asked whether Tony Blair, Mr. Major’s 
opponent as leader of the Labour Party, is a 
new version of Margaret Thatcher, or at least in 
her league of strong leadership as he and many 
others proclaim, she accused him of being a 
mere pretender. 

Those who see her in him are just plain 
wrong, she said. "I think they’ve got the wrong 
sex, for a start. I think they've got the will- 
power wrong; I think they ’ ve got the reasoning 
wrong; I mink they’ve got the strength 
wrong. 

“He’s trying ro take over my policies," she 
said Wednesday. “And it's a conversion of 
convenience.” 

Whether she will be heard from again in the 


in many respects consumed with her legacy — 
the rights and wrongs of Thatcherism — Lady 
Thatcher, who led the Conservatives to three 
consecutive election victories from 1979 to 
1987, has played little part this time. 

Lady Thatcher, 71, appeared in Aldershot 
not at the invitation of the party but at the 
request of her former personal assistant, who is 
r unnin g for the House of Commons in this 
overwhelmingly Conservative constituency, 
an hour’s train ride southwest of London. 

The neglect has not stopped Mr. Major, 
from whom it is expected, and Mr. Blair, from 
whom it is not, from invoking her name, prais- 
ing many of her policies and comparing them- 
selves to her as strong and disciplined lead- 
ers. 

Indeed, many commentators have accepted 
the notion of Mr. Blur as a Thatcher variant. 
He has adopted many of the Thatcher policies 
that be and his party once fought — including 
privatization of state-owned industries and her 
anti-union laws. He has taken firm control of a 
once-unruly left-wing party, transformed it 
into what he calls a party of "die radical 
center” and, if the polls are correct, stands to 
win a landslide victory May I. 

That does not discourage Mr. Major and his 
cabinet colleagues from declaring — as politi- 
cians are supposed to declare — that they are 
going to win. 

But when asked Wednesday if "John Major 
is going to score the winning goal on May 1," 
Mrs. Thatcher said. “I’ve only been to two 


Tory constituencies." The campaign, she said, 
is just getting started. 

But it was the Blair-Thateher analogy that 
set her off after she posed for pictures' wife 
players on doe Aldershot Football Club. 

Mr. Blair’s espousal of some of her policies 
is a mere expedient, she said, and by couffast, 
“We founded all our policies on conviction^ 
We didn’t believe in having too many reg-- 
nlatinns on industry, so we cut the regulations. 
We didn’t believe that the unions should dom- 
inate, so we stopped it” 

R EAD Mr. Blair’spariy manifesto, she 
urged: "It’s in his manifesto -^new 
power to the irade unions. Read it." 
Then she started in on Britain’s role 
in the European Union — one of the most 
sensitive ana divisive of issues, especially for 
Mr. Major. She denounced the Maastricht 
treaty, which he signed and which gives the 
European Union greater powers. 

mien she was in power, she said, "it was an 
economic community.’’ Now. she added, it has 
been turned into a union of unelected bu- 
reaucrats exercising powers that only Britain’s 
Parliament should wield. . 

“I think every candidate, every candidate, 
should be asked a question; Are you trying to 
get elected to Parliament to hand over the 

S jwer of that Parliament” to the European 
nion? 

That is not die sort of question the Tories or 
Labour want asked in this campaign, for both 
are split on the issue of European unity and it is 
a spat neither wants noted. 




Laura Nyro, Singer and Songwriter, Dies at 49 


TV fW 


Laura Nyro in 1988. 


By Stephen Holden 

iVnr York Tunes Service 

NEW YORK — Laura 
Nyro, 49. the singer and song- 
writer whose impassioned, 
iconoclastic music exploded 
pop song conventions in a fe- 
verish search for emotional 
truth, died of ovarian cancer 
Tuesday at her home in Dan- 
bury. Connecticut. 

Along with Joni Mitchell. 
Ms. Nyro (pronounced Nero) 
was a pioneer in the confes- 
sional. free- form school of 
songwriting that grew out of 


1960s folk music. A trained 
pianist, she had a kaleido- 
scopic musical sensibility 
that fused elements of folk, 
soul, gospel and Broadway 
tradition into intensely intro- 
spective songs that transcen- 
ded easy stylistic categoriz- 
ation. 

With her uninhibited, note- 
bending vocal wail, she also 
helped introduce the rhytiun- 
‘n'-blues-influenced ' style 
known as "blue-eyed soul.” 
so named because it was pop- 
ularized by white singers im- 
itating black role models. And 


her live concerts were fervent 
affairs in which the dark- 
haired. dark-eyed singer, 
exotically gowned and sur- 
rounded by roses, performed 
with a transported intensity. 

As a recording artist, Ms. 
Nyro never had a gold album 
orahit single, but many of her 
songs were hits for others. 
But her albums — particu- 
larly her 1968 song suite "Eli 
and the Thirteenth Confes- 
sion,” a sometimes impen- 
etrable mosaic of fragments, 
reflections and fantasies with 
a Southern gospel feel — 


university degree! China Warns U.S. on UN Censure 


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The Associated Press 

BEUING — The United 
Stares risks damaging its im- 
proving ties with China by 
backing a UN resolution cri- 
ticizing Beijing's human 
rights record. China said 
Thursday. 


In this Saturday’s 


t ■ h ;e 


n e- p. o> * t 


Quarterly 
Fund Wrap-up 


M 


The Foreign Ministry 
spokesman. Shen Guofang. 
accused Washington of 
“conniving” with Den- 
mark’s plan to propose a res- 
olution censuring Beijing at a 
meeting of the United Na- 
tions Human Rights Commis- 
sion in Geneva. 

The United States plans to 
support Denmark’s resolu- 
tion because China's rights 
record has not improved sig- 
nificantly. 

Mr. Shen accused Den- 
mark. the United States and 
other Western countries he 
did not name of using human 
rights to interfere in China's 
affairs. 

"America's continued 
support for resolutions of this 
kind at the human rights com- 
mission wilL of course, harm 
relations between the two 
countries," Mr. Shen said. 

He did not say bow rela- 
tions would suffer. 

China, backed by develop- 
ing countries in the 53-nation 
commission, will probably 
defeat the resolution. 


France. Germany. Spain 
and Italy have decided against 
endorsing the Danish resolu- 
tion. Australia indicated 
Thursday that it, too. would 
drop public criticism of China 
after it agreed to a formal, 
bilateral dialogue with 
Beijing on human rights. 

Mr. Shen welcomed Aus- 
tralia's decision as “sensi- 
ble." and said China was 
willing to discuss human 
rights if Australia did not con- 
front Beijing over (be issue. 

Beijing already has said 
Denmark's trade, economic 
and political interests in 
China will be hurt if its pushes 
ahead with its motion. 

In an apparent effort to 
head off criticism at the com- 
mission, President Jiang 
Zemin said this week that 
China will sign the Interna- 
tional Covenant on Econom- 
ic. Social and Cultural Rights 
by the end of the year. Mr. 
Shen said China was still con- 
sidering whether to sign the 
International Covenant on 
Civil and Political Rights. 


were among the most influ- 
ential pop recordings of the 
late 1960s. 

Among Ms. Nyro’s biggest 
hits for others were the songs 
‘ ‘And When I Die’ ’ (recorded 
by Peter, Paul and Mary and 
Blood. Sweat and Tears). 
“Wedding Bell Blues" (the 
Fifth Dimension), "Sweet 
B Linda ess ’ ’ (the Fifth Dimen- 
sion). "Stoned Soul Picnic" 
(the Fifth Dimension), "Eli's 
Coming” (Three Dog Night) 
and "Stoney End” (Barbra 
Streisand). 

Joana Mendes, 77; 
Championed Father 

New York Times Service 

Joana Meades, ■ 77, tire 
daughter of a disgraced Por- 
tuguese diplomat who de- 
voted her life to winning re- 
cognition of his role in 
rescuing Jews and others from 
the Holocaust, died of a stroke 
March 20 at a nursing home in 
Mangualde, Portugal. 

To Mrs. Mendes it was a 
matter of family pride that 
during three fateful days in 
June 1940, her father, Ar- 


istides de Sousa Mendes do 
Amaral e A branches, then the 
Portuguese consul general in 
Bordeaux, ignored Lisbon’s 
orders not to issue transit 
visas to Jews crying to flee the 
Nazi occupation of France. 

From June 17 to June 19, 
1940, be personally issued 
visas to an estimated 10,000 
Jews and 20,000 others. For 
his defiance of die Portuguese 
dictator, Antonio de Oliveira 
Salazar, Mr. Mendes was ar- 
rested and barred from prac- 
ticing law. The once- weal thy 
aristocrat was left to descend 
into poverty before his death 
in 1954. 

Akjo Peralta Diaz, 80, a 
pioneering figure in Mexico’s 
industrial development who 
became a confidant of pres- 
idents and one of the country’s 
wealthiest entrepreneurs, died 
in Mexico City Tuesday of 
heart failure. At his death, Mr. 
Peralta was president of In- 
duscrias Unidas Sociedad An- 
onima. which produces 
everything from ballpoint pais 
to digital equipment (NYT) 


TRAVEL UPDATE 
French Air Traffic Is Jolted Again 

PARIS (AP) — Air travelers were scrambling for other 
means of travel Thursday as a new wave of strikes hit France.* 

Half of TAT and Air Liberte’s Thursday flights were? 
canceled, although the strike was expected to end Friday at 
noon, an airline spokeswoman. Caroline Levy, said. The 
pilots ’ three-day strike was called to protest plans to merge the 
two airlines, which are both owned by British Airways. 

Rome Transport Strike Called Off 

ROME (AP) — Two days after a wildcat transit strike 
paralyzed Rome, union leaders called off a one-day strike 
Thursday that would have idled buses, trams and subways 
nationwide. The strike was canceled at die last minute after a 
late-night session in which both sides agreed to resume formal 
talks for contract renewal 

Transit service was disrupted in the morning because some 
drivers didn’t get the word of the cancellation in time. Workers 
are protesting stalled contract talks and government plans to 
change work shifts as part of a restructuring of the public 
service sector. 

Pakistan and the United States on Thursday signed a new 
agreement to expand air traffic between the two countries,, 
replacing a restrictive 1948 accord, officials said. (AFFty 

To Our Readers 

Thursday's Herald Tribune was not available in France 
because of a national strike by newspaper printers and dis- 
tribution employees. We regret the inconvenience. 



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Suzy Menkes 
Fashion Editor 


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INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL 11, 1997 


PAGE 3 





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THE AMERICAS 


Republicans Agree to Widen Fund-Raising Inquiry 


POLITICAL NOTES 


By Eric Schmitt 

jyw fort 7Twifli Sen ref 

RepubU™^*^ * sh *P «vwwl. 


a ub mu vi 

who » chairman of the 
SSSJJJF; who has insisted for weeks that 

the mqiury be limited to the Clintoo White 
House smdth, Democratic nSS CW 
particularly their links to illegal for- 
eign campaign contributions * 

But some Democrats on the panel, the 
Government Reform and Oversight^nmh- 


tee, feared the change in scope might prove a 
hollow victory 'for them. Thai is because Mr. 
Burton still controls the investigation’s most 
powerful tool — the authority to subpoena 
documents and individuals, lie Democrats 
thus could end up with a wider scope to the 
inquiry but lack the subpoena power to take 
advantage of it 

The Senate voted last month. 99 to 0, to 
expand its inquiry to examine improper as 
well as illegal campaign activities m the le- 
gislative and executive branches, including 
legal fund-raising practices by both parties 
that have been widely criticized. 

The turn of events in the House came after 
several moderate Republicans protested that 
the inquiry was being seen asoveriy partisan. 
Mr. Burton and other Republican leaders on 


the House committee grudgingly agreed in a 
closed 90-minute meeting to take their in- 
vestigation wherever the evidence warranted, 
several lawmakers said. 

"What the American public wants is not a 
witch-hunt but a broad look at wrongdoing, 
wherever that is." Representative Marshal) 
Sanford, Republican of South Carolina, who 
supports a broader scope, said in an interview 
after the meeting. 

Representative Benjamin Gilman, Repub- 
lican of New Y oik, said. "Once we get into an 
investigation, it shouldn't be limited. It should 
be open to all aspects." 

And Representative Steven LaTouretre, 
Republican of Ohio, said, * ‘We'll go without 
reference to party." 

Mr. Burton bad repeatedly said that in- 


vestigating congressional campaigns was out- 
side the committee's jurisdictionr But he had 
to withdraw that assertion when the House 
parliamentarian supported Democrats’ con- 
tention that House Rule 10 allowed the inquiry 
to investigate Congress and its campaigns. 

Under the rules of the committee, Mr. Bur- 
ton has the authority to issue subpoenas on his 
own, and he has done so more than 100 times 
in this inquiry, including 15 new subpoenas 
on Tuesday. But none of them has been issued 
to individuals or groups associated mainly 
with Republicans. 

Mr. Burton himself is under a cloud after an 
American lobbyist for the government of 
Pakistan. Mark Siegel, accused the congress- 
man of pressuring him to raise money for Mr. 
Button's re-election campaign. 



JeffMaeteB/fem 

MOIST MINNESOTA — A National Guardsman 
wading in the streets of Breclcenridge, Minnesota. 
The upper Midwest is bracing for more flooding. 


Away From 
Politics 

• Six months before a new 

law will require stores to 
limit sales of some over- 
the-counter medicines that 
contain chemicals used to 
make amphetamine and 
methamphetamine, Wal- 
Mart has began doing so 
voluntarily. (APJ 

• Alex Kelly, 29, has re- 

turned to court in Stamford. 
Connecticut, for his second 
trial on 11 -year-old rape 
charges. His first trial 
ended in a deadlock in 
November, and followed 
eight years he spent on the 
lain in Europe. (NYT) 

• A lesbian cruise line 

says ABC refused to air its 
ad during an coining epis- 
ode of the television series 
"Ellen” in which the main 
character will reveal she is 
a lesbian. (API 

• Asked at a police line-up 
in Los Angeles to point out 
the killer of Ennis Cosby, 
the primary witness did not 
identify the 18-year-old 
youth that police have 
called the shooter, a de- 
fense lawyer said. (LAI) 


AMERICAN 


TOPICS 


California Lawmakers Sort Out 
Issues of Nurture and Nudity 

A bill to allow women to breast-feed in 
public has won approval .in the California 
Assembly and - is expected to breeze 
through the Senate. Two years ago, a sim- 
ilar bill died in comnritieenfter Republican 
members suggested that it would lead to 
public nudity and might not be necessary. 

But Antonio Villaraigosa, a Democrat 
who is the Assembly majority leader, said 
he had received a "slew of complaints'’ 
from breast-feeding mothers who have 
been asked, sometimes nicely , sometimes 
rudely, to leave stores, restaurants and other 
public sites. One woman was ordered off a 
bus: another was asked to leave a store, and 
then told by a parking lot attendant to stop 
nursing in her car. 

Even in California, one Republican as- 
semblyman told the Los Angeles Times, it 
seems that people need to relax; Villarai- 
gosa said that it was time to “^et past the 
sexuality of a woman’s breast.* ’ 

California would be the 13th state to pass 
such a bilL 

Short Takes 

Lawyers for the estate of Richard Nix- 
on would be paid almost $ 10 million under 
a proposed $26 million settlement with the 
government to compensate the larc pres- 
ident's heirs for the 1974 seizure of his 
White House tapes and documents per- 
taining to the Watergate scandal. 


,-al judge ruled in 1991 thar Mr. 
Nixon had held the materials “as atrustee for 
the American people” and was not entitled 
to paynaent. But an appeals court reversed 
that decision. Under the proposed settlement, 
the National Archives would take charge of 
run Nixon Library in Yorba 
ifomia, and ship die collection of 
more than 44 tnillion items to a facility yet to 
be built Remaining funds from the set- 
tlement would go to the Richard Nixon 
Library and Birthplace Foundation, which 
runs the Nixon museum at Yorba Linda. 

LSD^the hallucinogenic symbol of the 
peace- and-love '60s, has made a quiet re- 
turn to schools and campuses, with use 
nearly doubling. A University of Michigan 
study has found that the number of eighth- 
graders who say they have tried the drug 
rose to 5.1 percent last year from2.7 percent 
hi 1992; among 12th graders, 12.6 percent 
said they had tried it, up from 8.8 percent. 
The authorities link the rise to use of weaker 
doses — half the strength commonly taken 
in the '60s — resulting in fair fewer “bad 
trips,’’ and prices as low as 55 per dose. 

A Baptist church in Arkansas has 
closed its day-care center, saying working 
mothers neglect their children ana damage 
their marriages. The board of the First 
Baptist Church of Bexryville said it was 
sensitive to the plight of single parents but 
could not in good conscience encourage 
mothers to work outside the home. It cited a 
Biblical injunction for women to be "dis- 
creet, chaste, keepers at home, good and 
obedient to their own husbands." The clo- 
sure has infuriated some parents. One wom- 
an, whose daughter had gone to the day-care 
center, said, “This is just something that 
shouldn't have happened in this decade." 

International Herald Tribune 


Reunion at Foggy Bottom 

Albright Says Diplomats Must Broaden Training 


By Thomas W. Lippman 

WashingKw Post Sen-ice 

WASHINGTON — There 
was something Gke a college- 
reunion atmosphere in the 
usually solemn halls of the 
State Department's training 
center as scores of current and 
former diplomats revisited 
the institution where they 
learned their trade craft and 
their foreign languages. 

The occasion was the 50th 
anniversary of the creation of 
the Foreign Service Institute, 
the government’s pri ncipal 
school for training civilians 
for assignments overseas. 

The event Wednesday 
brought together former am- 
bassadors and senior State 
Department officials, includ- 
ing diplomatic hall-of-famers 
who are household names in 
their line of work — David 
Newsome. Thomas Picker- 
ing, Walter Cutler. Roy 
Atherton — to eat lunch, re- 
minisce about exotic places 
and think about the future of 
diplomacy. 

In the spring of 1947, Mr. 
Newsome and Mr. Atherton 
were members of the insti- 
tute’s first class of new of- 
ficers. Mr. Pickering, one of 
the few career diplomats to 
reach the highest position, ca- 
reer ambassador, is about to 
return to the State Depart- 
ment as undersecretary for 
political affairs, the depart- 
ment's third-ranking job. 

When Mr. Newsome and 
Mr. Atherton started out,. the „ 
institute, located in the sec- 
tion of Washington known as 
Foggy Bottom, offered just 
30 courses. It was based in a 
rownhouse that was later de- 
molished to make way for 
what is now the main State 


Department building. Now 
the institute occupies the Vir- 
ginia campus of wha: was 
once an army station and of- 
fers 300 courses, including 6 1 
languages. 

Nevertheless, Secretary of 
State Madeleine Albright told 
the gathering, the curriculum 
must be broadened still fur- 


Foreign Service 
officers will have 
to function well 
outside the 
traditional world 
of oblique 
conversations with 
men in suits. 


ibex to train U.S. diplomats to 
address the new issues dial 
threaten the United States in 
the post-Cold War era. 

4 ‘As you know, I have only 
been in my new job for about 
10 weeks," she said, "but I 
have already developed a few 
ideas for new courses here at 
FSI. To function successfully 
in this diverse, fast-paced and 
rapidly changing environ- 
ment, we will need women 
and men trained to deal with 
the world not as it was but as it 
is and as it will become." 

This has been a foreign- 
policy theme of the Clinton 
administration, first under 
Secretary of State Warren 
Christopher in President Bill 
Clinton's first term, now un- 
der Mrs. Albright. 

The message is that the 
threats to the safety and well- 
being of Americans in the next 
century are more likely to 


come from heavily armed drug 
cartels, environmental degrad- 
ation and overpopulation than 
from Russian missiles. 

In addition, Mrs. Albright 
said, some of the most serious 
diplomatic challenges were 
posed by "nonstate actors.” 
such as ethnic militias and 
drug cartels, that were not 
amenable to traditional dip- 
lomatic techniques. 

In such a world, Mrs. Al- 
bright said, future Foreign 
Service officers will have "to 
function well outside the tra- 
ditional world of oblique con- 
versations with men in suits. 

* ‘They will be asked to pro- 
mote a mix of economic, ag- 
ricultural and social policies 
that will ensure greater food 
security in Africa.” she said. 
“They" will be visiting fac- 
tories to ensure that intellec- 
tual property and copyright 
restrictions are being respec- 
ted. They will be working 
with public- and private-sec- 
tor representatives who are 
striving to stabilize popula- 
tion growth, prevent complex 
humanitarian emergencies 
and care for the new inter- 
national homeless: displaced 
persons and refugees. 1 * 

Many foreign-policy spe- 
cialists, inside the government 
and out, have criticized this 
approach, arguing that the 
State Department should con- 
centrate on managing rela- 
tions with countries such as 
Russia and Chinaand focus on 
traditional strategic interests. 

Such people, Mrs. Albright 
said, "refuse to accept that 
confronting die new threats is 
real, serious foreign policy. 
Like Bismarck, they want to 
play geopolitical chess, but 
don’t realize the board is not 
two-dimensional any more.” 



Clinton Pledges Federal Hiring 
Of Thousands on Welfare Rolls 


lohn F. Hams 

Washington Post Service 

WASHINGTON — Hop- 
ing to jump-start the United 
States’ effort to move large 
waves of welfare recipients 
into the work force. President 
Bill Clinton said Thursday 
that tbe federal government 
would hire thousands of new 
employees off public assist- 
ance rolls. 


CROSSWORD 


ACROSS 

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“Sank Roo Doe Noa r 


A Space for Thought. 


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28 O.K. sign, 
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30 Camel country 
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34 Slant 
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antique shop 
37 Words before 
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hit 

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charge 

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Solution to Puzzle of April 10 


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The president said federal 
agencies would hire about 
10,000 welfare recipients 
over the next five years, with 
as many as 2.000 hired by 
Sept 30, the end of the fiscal 
year. 

Mr. Clinton intends to di- 
rect tbe government to start 
hiring welfare recipients im- 
mediately and hopes to meet 
his target by the time he 
leaves office, the official 
said. 

Although hiring several 
thousand welfare recipients 
would represent but a tiny 
fraction of the federal work 
force, it would put the gov- 
ernment far ahead of any 
single private-sector com- 
pany that has pledged to re- 
cruit from the benefit rolls. 
The Marriott Corp., the hotel 
concern, thought to be the 
company that has hired the 
most welfare recipients, has 
put 600 such workers through 
a six-week training program. 

The administration's effort 
comes as part of a national 
campaign to put nearly 2 mil- 
lion welfare recipients to 
work over the next five years. 
The administration begins its 
effort with one .advantage, be- 
cause agencies each year hire 
thousands of forestry and 
park laborers, mail and file 
clerks, equipment operators 
and health care aides. But 
many of those are temporary 
positions, and the administra- 
tion will face several daunt- 
ing obstacles in its effort to 
meet the goal. 

Under the administration's 
plan, the primary authority 
For hiring off welfare rolls 
will be a federal worker-train- 
ee program started in 1968. 
While die program allows a 
trainee to become a career 
civil-service worker after 
three years, it lapsed into dis- 
use and recruited only 120 
workers last year. Wages start 
at about $13,000 a year. 

Moreover, a number of 
jobs that would ajjpear suit- 
able for welfare recipients are 
already off-limits, according 
to an internal administration 
memo. Positions fra- guards. 


custodians, elevator operat- 
ors and messengers are usu- 
ally reserved for military vet- 
erans. and some other 
government jobs have been 
put off-limits by laws direc- 
ted at specific agencies. 


Iluq B _sh|-..7fer -V ■o.tjI;.' ftf' 

David Obey discussing the shoving incident be 
had with the House minority whip, Tom DeLay. 

Indictment Links DrugMoney 
To Democratic-Party Donor 

LITTLE ROCK — Almost S30.000 laundered from 
illegal narcotics transactions was donated to the Demo- 
cratic National Comminee and to President Bill Clinton's 
1992 inauguration, according to an indictment returned 
against an Arkansas lawyer. 

Marie Steven Cambiano, 42. of MomJron. Arkansas, 
surrendered Wednesday to face a 31 -count federal in- 
dictment in Urtle Rock. The indictment charges Mr. 
Cambiano with laundering S380.2I9 from drug trans- 
actions involving a second Arkansas man. Willard Bur- 
nett. who has pleaded guilty to trafficking in methamphet- 
amines and is serving a federal sentence. 

The U.S. attorney for the Eastern District of Arkansas, 
Paula Casey, said chat Mr. Cambiano made contributions 
of S20.000 to the Democratic National Comminee in 
1992 and S9.770 to the 1993 Presidential Inaugural 
Committee General Fund, and that both sums came from 
the laundered money. 

“We haven’t any reason whatever to believe that any 
of the recipients of the money were aware of its origins," 
Ms. Casey said. iNYT) 

Not Quite a Kiss From Hershey 

WASHINGTON — The genteel Spirit of Hershey has 
gone out with a shove on the House floor. 

One month to the day after a House retreat to discuss 
civility ended in Hershey, Pennsylvania, the House ma- 
jority whip Tom DeLay, Republican of Texas, and Rep- 
resentative David Obey. Democrat of Wisconsin, en- 
gaged in an animated discussion Wednesday that ended 
with Mr. DeLay’s shoving Mr. Obey. A DeLay aide led 
his boss away before Mr. Obey could offer a rebuttal. 

Mr. Obey later sought to minimize the incident. 
“We're both big boys," he said. 

For the record, Mr. Obey did not attend the Hershey 
retreat because of a scheduling conflict. Asked whether 
Mr. DeLay had gone, his communications director said: 
"Yes, he did — and he found it very useful. (WP) 

Clinton Targets Race Relations 

WASHINGTON — President Bill Clinton has ordered 
his staff to suggest a way for him to play a prominent role 
this year in improving American race relations, a goal that 
he is trying to make a focus and legacy of his second 
terra. 

Options that his aides are preparing include a conference 
on race led by the president and a short-term panel modeled 
on die Kemer Commission, which found in 1968 that the 
United States was "moving toward two societies, one 
black, one white — separate and unequal." (NYT) 


Quote/Unquote 


Bob Dole, on his becoming special counsel at a Wash- 
ington law firm: "The best part will be no filibusters, no 
cloture votes and no quorum calls." (NYT) 



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PAGE i 


INTERNATIONAL HERALD TRIBUNE, FRIDAY APRIL 11, 1997 


ASIA/PACIFIC 


Planned Curbs on Civil Rights in Hong Kong Reflect China’s insecurity 


By Keith B. Richburg 

Washington Pan Stnice 

HONG KONG — A small, nondes- 
cript plaque here at what is now a 
Buddhist temple marks the spot where, a 
hundred years ago, a little-known med- 
ical student named Sun Yar-sen and a 
small band of revolutionaries plotted the 
overthrow of mainland China’s corrupt 
imperial regime. 

When Mr. Sun returned triumphant 
30 years later, he told students that he 
got his "revolutionary ideas” here. 

Beijing’s Communist government 
has teamed a lesson from the revered 
forerunner of the mainland revolution: 


Hong Kong historically has been used 
as a base for sowing subversion inside 
China. The leadership, aging and in- 
secure. is taking no chances as it pre- 
pares to inherit this prosperous but po- 
litically troublesome colony in just over 
80 days. 

A package of tough draft rules un- 
veiled Wednesday by Tung Chee-hwa, 
China’s incoming chief executive for 
Hong Kong. would impose restrictions 
on political parties and give the police 
expanded powers to curb public 
protests. But they appear aimed not only 
at such local groups as the popular 
Democratic Party — although those are 
bad enough from Beijing's viewpoint 


— but against unnamed and insidious 
"external forces" that might try to fo- 
ment unrest on the mainland. 

As Mr. Tung’s aides sought Thursday 
to deflect the mounting outrage over the 
planned rules, they also delivered two 
sobering messages for critics — first, 
the law changes are being forced upon 
Hong Kong because of decisions made 
in Beijing, and. second, although cit- 
izens are being invited to comment on 
the laws, the changes reflect a new 
reality and will be enacted in one form 
or another, whether the public likes it or 
not 

In an unusual background briefing for 
foreign reporters, a senior official in Mr. 


Tung's office said Thursday that in his 
view Hong Kong remained a stable, 
peaceful society with no particular 
problems of social or political unrest 

"That remains my view," said the 
official "But after July 1, when Hong 
Kong reverts to China, there is I think — 
maybe not in everyone's mind — but 
there is concern about whether Hong 
Kong might be used by foreign forces to 
try to influence Hong Kong, or to tty to - 
influence China in some way." 

He said the proposed package of re- 
strictions, and particularly the addition 
of the vague term "national security" 
as grounds for banning a group or pro- 
hibiting a protest rally, "stems from a 


misapprehension on die part of some 
people about Hong Kong being used to 
influence events in China." 

Reaction tothe proposals ranged 
from surprise to outright anger. 

Christine Loh, an independent mem- 
ber, of the soon-to-be-abolished elected 
legislature, said she was 4 ‘amazed" that 
Mr. Tung chose to dte threats to Hong 
Kong’s stability by unnamed external 
forces as a reason for fee new restric- 
tions. 

"Why Is our future chief executive 

K ' "shmg such alarmist nonsense?" 

Loh asked. "It is irresponsible for 
our chief executive to go about crying 
wolf about Hong Kong being socially 


J t° 


, ,,/> Hint 1*4 


unstable — especially while he himself 
ffiflkfts needlessly provocative propos- 
als to curtail civil liberties. 

A small group of demonstrators, lea 
by Fred Li, a member of the Democratic 
Party, held a noisy protest in front of the 
office complex feat houses Mr. Tung s 
office. The protesters chanted. Defend 
the right to demonstrate, defend the 

right to form organizations." 

The police stood by and watched fee 
demonstration. Under fee proposed 
changes, protests would have to receive 
prior approval — or what " Mr. Tung s 

staff calls a "notice of nonobjection 

and could be banned on grounds of 

‘ ‘ nati onal security:' ’ 


.. . r’T 

. ir-'P.'X 

. *; ; - . .it’.'T 
i. 

, - 


•. - .• ** 


Cohen Visits a Tense DMZ 

Shots Are Fired Before Defense Secretary’s Stop 


By Mary Jordan 

Washington Post Service 

PANMUNJOM. South Korea — Defense 
Secretary William Cohen visited fee demil- 
itarized zone dividing the Korean Peninsula 
on Thursday, just an hour after South Korean 
soldiers fired shots to warn off several North 
Koreans. 

The South Korean patrol fired 10 shots after 
spotting the North Koreans in a restricted area 
I OS kilometers (65 miles) west of here. No 
one was hurt, but gunfire along fee world's 
heaviest concentration of artillery and in- 
fantry is rattling. 

Mr. Cohen said the shooting incident ‘ "con- 
firms feat it is still a very tetise, dangerous, 
unstable situation." 

As he looked across the bleak hills laced 
with land mines feat rise along fee DMZ, U.S. 
military officials said feat complicating fee 
world's compassion for fee hunger crisis in 
North Korea was fee need to be vigilant 
against fee well-aimed army. 

Mr. Cohen said North Korea's "Commu- 
nist theology" had "’failed" and it was time 
for it to fold. 

Later in the day, he met wife President Kim 
Young Sam of South Korea to discuss how to 
respond to fee North Korean food shortage 
feat even Pyongyang has admitted is causing 
starvation deaths. 

For the administration of President Bill Clin- 
ton, and for the thousands of soldiers here, these 
are fee two problems that make this border so 
tragic: The military menace precludes any dra- 
matic aid effort but fee knowledge of starving 
people makes it difficult to wait. 

"It’s a horrible tragedy," said Lennart 
Ronnberg, a Swedish major general serving in 
fee United Nations commission here. ‘ ‘I think 
worse than any African famine." 

“We have lots and lots of food, and we are 
all waiting here to help,” General Ronnberg 


said. But pointing past the guardposts and 
North Korean soldiers across the demilit- 
arized zone, he added. “Right there are 
10,000 artillery pieces and a million soldiers. 
I don’t think any American president wants to 
send soldiers in to die." 

In hopes of a breakthrough feat could lead 
to major aid. fee administration has been 
urging Pyongyang to join four-party peace 
talks proposed last year by Mr. Clinton and 
Mr. Kim. Those talks, among the two Koreas. 
fee United States and China, would be aimed 
at creating a lasting peace to replace the 
armistice feat ended the Korean War. 

Pyongyang has said it will respond to the 
request on Wednesday. 

Many observers are encouraged fear North 
Korea may be ready to attend fee talks, if only 
to bargain for more food aid. But some Amer- 
ican officials fear fear even if the North 
Koreans come to fee peace table, fee talks 
could produce no real results. Pyongyang 
could then withdraw again from the inter- 
national community, they say. prolonging the 
suffering of political prisoners ana those 
slowly dying of hunger. 

U.S. officials say that unless North Korea 
agrees to long-term outside intervention, fee 
food shortages will arise again because its 
collective farming system is inept and the 
nation’s needs far exceed its supply. 

U.S. and South Korean government of- 
ficials are in fee midst of grim discussions as 
to what course of action would produce the 
fewest casualties. Some argue that withhold- 
ing all aid is the more humanitarian course 
because it would force a quicker collapse of 
fee Stalinist government in Pyongyang. 

UN officials said this week feat millions of 
North Koreans may die in the next few months 
from starvation or hunger-related diseases. 
Pyongyang admitted later feat at least 134 
children have died because of fee food short- 
ages. 



Talks on Eve of Vote Fail 
To Save India Coalition 

NEW DELHI — Talks to save India’s 
minority government failed Thursday, and 
Prime Minister H. D. Deve Gowda faced an 
ouster in a confidence vote fear could lead to 
new elections. 

Tbe powerful Congress (I) Party, which has 
abandoned the governing coalition, ordered its 
lawmakers to bring down fee 10-month-old 
United Front government in the vote Friday, 
which was ordered by fee president. 

Wife fee collapse of tbe government almost 
certain, the United Prone said it would urge 
Mr. Deve Gowda to call for general elections. 
They could be held in May, coalition leaders 
said in private. 

"It’s all over.’ ’ said Laloo Prasad Yadav, a 
key leader of fee coalition. "We are ready for 
polls if the situation arises.' ' (AP) 

Bhutto Faces New Probe 

KARACHI, Pakistan — The police said 
Thursday that they would open an inves- 
tigation after receiving a complaint against 
former Prime Minister Benazir Bhutto and 
two of her aides in connection wife two 
murders committed in December 1995. 

They said fee complaint, also involving 
Miss Bhutto's home minister. NasirullaE 
Babar, and the former Sind Province chief 
minister, Abdullah Shah, was lodged 
overnight by a representative of the ethnic 
Muhajir National Movement, a rival to Miss 
Bhutto’s Pakistan People's Party in Sind 
Province. 

It accused the three politicians and two 


Mr. Yadav discussing India’s crisis Thursday. He 
said the United Front was ready for elections. 


of fee movement's chief, Altaf Hussain. 

A police official said fee complaint had 
been sealed. There was no immediate in- 
formation about how it linked responsibility 
to Miss Bhutto and the others. (Reuters) 


Japan Defends Aid Cuts 

TOKYO — The Foreign Ministry defended 
on Thursday its reductions in tire Official De- 
velopment Assistance budget for foreign aid. 

“There has been a stereotype created of a 
Japan that simply opens its .checkbook and 
disburses funds, but that is the wrong in- 
. terpre ration," a. ministry official said. 

The Foreign Ministry said Monday that 
foreign aid provided by Japan fell 35 percent 
in 1996, when measured in dollars, to 
$9.58 billion, the lowest figure in six years. 

In yen terms, foreign aid was cut 24.8 
percent, to 1,042.5 billion yen, its lowest level 
in almost 20 years. _ ( Reuters ) 

Far East Border Pact 

MOSCOW — President Jiang Zemin of 
rhina will visit Russia from April 22 to April 
26 to sign a border troop accord wife Boris 
Yeltsin and the presidents of Tajikistan. 
Kazakstan and Kyrgyzstan. 

The treaty, involving Russia, China and fee 
three former Soviet republics, will build on an 
agreement signed a year ago committing fee 
five countries to confidence-building mea- 
sures on their borders. 

Russian-Chinese border disputes have 
largely been resolved, but deputies in the Far 
Eastern Russian region of Primorye urged 
Moscow on Thursday to halt plans agreed to 
in 1991 dial would give China a sliver of land 
under a bender demarcation deal, the Interfax 
press agency reported. (Reuters) 

For the Record 

The Taleban administration in Kabul 
confirmed that Osama ibn j^den, who is 
wanted by the United States and Saudi Arabia 
in connection wife two bomb attacks that 
killed 24 U.S. servicemen and two Indians in 
Saudi Arabia, bad moved tothe southern city- 
of Kandahar. ( Reuters ) 


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BOOKS 


THE DOLL 

By Boleslaw Prus. Translated from Polish 
by David Welsh. Revised by Darius: 
Tolczyk and Anna Zaranko. 683 pages. 
Paperback $14.95. Cental European 
University. 

THE SINS OF CHILDHOOD 
& OTHER STORIES 

By Boleslaw Prus. Translated from Polish 
by Bill Johnston. 247 pages. Paperback 
5 14.95 . Northwestern University. 
Reviewed by Dennis Drabelle 

T HEY make an odd couple: a hulking. 

shaggy beast of a novel and a slender 
volume or short stories, both written by 
the foremost realist of 19th-century Pol- 
ish literature and brought out by dif- 
ferent publishers within a few months of 
each other. Then, too, "The Doll" is 
very much an urban novel, teeming wife 
the hubbub of Warsaw and Paris, while 
many of the tales in "The Sins of Quid- 
hood’ ’ have rural or small-town settings. 
Boleslaw Prus (the pseudonym for 
Aleksander Glowacki. 1847-1912) — 
also fee author of an early feminist novel 
and a historical novel about ancient 
Egypt, as well as a longtime newspaper 
columnist — was a man of many parts. 

"The Doll" has a theme beloved of 
socialist critics: fee self-wounding pas- 
sion of a bold bourgeois entrepreneur for 
a decadent noblewoman. 

After marrying advantageously, fee 
entrepreneur, Sianislaw WokulskL built 
up his wife’s family’s haberdashery into 
Warsaw's most profitable store. As tbe 
novel opens, he has buried his wife, 
inherited the store, and scored a great 
coup — going off to Bulgaria and mak- 
ing a fortune by wartime profiteering. 
Flush wife his triumph and conscious of 
his remote aristocratic connections, be 
falls hard for Izabela Lecka, an idle 
beauty who has sustained well into 


adulthood her childish conviction feat 
she is "a goddess or nymph imprisoned 
in a body." 

At first she — and fee old, rich men 
who orbit her — can barely conceal their 
contempt for WokulskL But so many of 
those grandees, and particularly Izabela’s 
father, come to depend on Wokulski for 
financial advice and loans feat soon he 
has insinuated himself into their circle. 
He wages his courtship wife painstaking 
calculation — whole seasons go by wife 
hardly a budge in his and Izabela’s po- 
sitions — and gnawing self-doubt At one 
point he almost scraps atrip to Paris feat 
promises enormous profits in order to 
cater to Izabela's whims. 

But travel he finally does — a good 
move on every count He makes his 
money, causes Izabela (in a rare moment 
of reflection) to wonder if she’s losing 
her magnetism, and furnishes the novel 
with some of its most striking passages. 
What moves Wokulski about Paris is not 
just its splendor and high life but its 
social potpourri. 

Tbe shadow of fee Czar looms over 
“The Doll.” Some of die characters 
hark back to a failed 1863 uprising in 
which tbe author took part as a 15-year- - 
old, and a passage disapproved by Czar- 
ist censors appears as an appendix. A 
more overt motif is fee position of the 
Jew in Poland. Typically a character will 
disavow prejudice in one breath and 
practice it in tbe next, as in this reaction 
to the rumor that Wokulski (who wants 
to transcend his background in trade) is 
selling his store to a Jew: “It’s one thing 
not to be an anti-Semite, and another to 
work for fee Jews.” Prus’s own view — 
if Wokulski can be taken for his mouth- 
piece — combines a strained social Dar- 
winism wife that tendency toward 
sweeping generalization that infects so 
many human pronouncements about 
race: To a prediction of coming "trouble 
with the Jews," he replies: "There’s 
already been a great deal, it’s gone on for ' 
over eighteen centuries, and what’s the 


outcome? Very noble individuals have 
perished in anri-Jewish persecutions, 
and the only ones to survive were those 
who could protect themselves from de- 
struction. So now what sort of Jews do 
we have? Persisient, patient, sly, self- 
reliant, quick-witted, and commanding a 
mastery of the one weapon left to them 
. — money. By wiping out everything feat fc* 
was good, we have produced an artificial p 
selection and protected the worst.” But 
couldn’t pagans everywhere have said 
something similar about early Christi- 
ans? 

Like most 19th-century novels of 
comparable size, "The Dali” has its 
longueurs (it was originally serialized in 
a newspaper, which may account for 
some of its bagginess). But on behalf of 
fee groundling in every reader Pros has 
interwoven a slapstick subplot about a 
litigious baroness-landlord and fee uni- 
versity students who pelt her with slops 
whenever she pays her building a visit, 
and in any case Wokulski ■ — an am- 
algam of resentment and generosity, 
shrewdness and simplicity — is an un- 
failingly interesting character. And since 
so little of old Warsaw survived tbe 
bombing of World War H "The Doll" 
can serve as a Baedeker to a losr city, 

T HE collection’s tide story is a tra- 
gicomic depiction of .puberty in a 
context of class barriers;, if seems to 
wander loosely from incident to incident 
until hear the end, when a satisfying 
partem emerges. The most powerful sto- 
ry, though, is “From fee Legends of 
Ancient Egypt, which rivals anything 
in "The Thousand and One Nights” for 
shapely exoticism. Prus plainly has a 
flair for tins material, and this reader was 
left yearning to have fee Egyptian novel 
("The Pharaoh and fee Priest'*) back in 
print soon. ' 

Dennis Drabelle, a Washington writer 
and editor, wrote this for The Wash- 
ington Post. 


BRIDGE 


By Alan Truscott 

A LAN Sontag of Manhat- 
tan is a fast-thinking, 
fast-talking former world 
champion who in fee last year 
has been runner-up in all three 
major national team events: 
fee Spingold. the Reisinger 
and the Vanderbilt. A string 
of second places is distinctly 
less likely than a string of 
victories — watch this space 
to see if it continues. 

In the closing stages of the 
Vanderbilt final in Dallas, 
Sontag made valiant efforts to 
erase his team's deficit He 
deliberately bid a slightly op- 
timistic grand slam, which 
would have evened fee score 
if a finesse had succeeded. 
Sadly for him. it did not And 


on fee diagramed deal he 
achieved a paradoxical suc- 
cess. 

One would expea North to 
play in three spates, and feat 
happened at one table. 
Everything went wrong for 
the declarer, who allowed fee 
defense to win fee first trick 
when a club was led to the 
jack. 

He won die next club lead, 
and cashed two top spades 
and the heart ace. He ruffed 
his last chib and cashed the 
heart king, losing five tricks 
for down one. 

In the replay, as shown, 
Sontag as South landed in 
game, bin in fee unlikely 5-2 
heart fir instead of tiie obvious 
5-3 spade fiL He won the 
opening club lead with 
dummy's ace, cashed the 


heart ace and finessed the 
jack. 

He then cashed , the king, 
leaving East with a winner, 
and led fee spade ten. This 
was covered wife fee queen 
and ace, and the king was led 
from dummy. 

East ruffed wife fee heart 
queen, an error, and Sontag 
carefully unblocked wife the 
spade eight. He was still in 
jeopardy: He would have 
failed by at least one trick if 
East had now shifted to dia- 
monds. But the defense con- 
tinued clubs, and he was able 
to ruff the third round, finesse 
the spate six and claim ten 
aides. He had made two mote 
tricks in fee “wrong" con- 
tract than the rival .declarer 
had made in the "right” 
one. 


NORTH (D) 

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INTERNATIONAL HERALD TRIBUNE, FRIDAY APRIL II. 1997 


PACE 5 


ttity 


Prodi to Gain Crucial Ballots 

Far Left Backs Him in Deputies’ Vote of Confidence 


Hrl ( , 


The Associated Press 
Communist^ ^ 

Snfhe m 'i saT Romano ProS 

otconfi<ten “ 

A!* vt « e ™ “Hed after ibe Refounded 
Communist Party refused to back the oS 

™ “"ding troops m Albania 

.^j~aS 6 S!s?ass: 

«SSSSfSSSSSSSSi 

Mr Prodi to win renewed backing for his 
coalition in a vote of confidence. 

rhi t »SJ. ne 2I!, a f? ncies quoted *e leader of 
the Refounded Communists, Fausto Berti-. 

Sv^ProdT 5 ™ 6 ' b * 1 Ws pany would su PPbn 

Earlier, die prime minister appealed to the 
Senate, which was voting Thursday evening 
on the confidence measure, for its backing He 


commands a majority in the Senate, but not in 
die Chamber of Deputies, which is expected 
to hold its confidence vote Saturday. 

Thus hard-left Communist votes are crucial 
in the lower house. 

Before Parliament voted final approval on 
Wednesday for the mission to Albania, a 
political fight threatened to bring down die 
nearly year-old center-left government be- 
cause Mr. Prodi* s Communist allies refused to 
back the deployment. In a last-minute deal, 
Mr. Prodi was forced to turn to the center-right 
opposition to win approval. 

Bui the Prodi government “remains the 
only coalition possible and one must know 
how to make the best of it,'* Mr. Bertinotri 
said shortly before the prime minister ad- 
dressed the Senate. 

He said that the 6, 000 -member mission to 
protect humanitarian aid would begin 
Monday. IS days after the United Nations 
gave its approval to Italy's urgent request. 
Italy is to supply the most troops. 


Fiat Chief May Face New Charge 


CfWKfMird br Om Sag Fn*n Dvparhn 

ROME — The Rome prosecutor's office 
wants Fiat’s chairman. Cesare Romiti, to 
stand trial . for corruption in connection with 
the building of Rome's Metro, judicial 
sources said Thursday, a day after he was 
found guilty on unrelated corruption charges 
by a Turin court. 

The car giant’s finance director, Francesco 
Paolo Mattioli, who was found gnilty along 
with Mr. Romiti on Wednesday, is also 
wanted by the Rome prosecutor in the subway 
investigation. Prosecutors are also seeking to 
prosecute Umberto Beliazzi, a former top 
executive at Fiat’s Rome headquarters. 

The Turin court imposed an 18-mcmth sus- 
pended sentence on Mr. Romiti for falsifying 
the company's accounts, committing tax 
fraud and illicit funding of political parties. 

Mr. Mattioli was given a 16-month sus- 
pended sentence for similar offenses* only 
/ with no tax evasion charges. 

The court also banned both men from work- 
ing for Fiat, but the ban will not go into 
immediate effect because of a probable appeal, 
which will defer a final sentence for years. 

The allegations involving the Metro center 
on bribes of about a million dollars that the 
three men were reported to have paid or 
offered between May 1983 and February 
1 992. notably ro former Prime Minister Bet- 
rino Craxi and an official of die subway 
company, Intennetro. as part of a giant kick- 
back scheme. Mr. Romm was managing di- 
rector of Fiat at the time.- 

Part of the money, the judicial sources said, 
was paid to Vittorio Sbardella, the Rome 
treasurer of the Christian Democratic Party, 
and Clelio Dari da. Rome’s mayor, in a bid to 



tlcAuociNedhni 

Cesare Romiti, 73, the chairman of Fiat. 

secure contracts for Bat's construction sub- 
sidiary to build die Rome Metro. Prosecutors 
also named another key figure. Giorgio 
Moschetti, the sources said. 

Mr. Romiti's lead attorney, Vittorio Chi- 
nsano, noted dial the court has rejected three 
previous requests for (rials in the subway 
mquiiy. (AFP. AP) 


EUROPE 








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Fl..rr_-. Ltt.-fK.-rhf a Prc i 

GETTING READY — Soldiers at the Miraraas base in southern France examining their machine guns in preparation for the European 
humanitarian mission to .Albania. France plans to send 1,000 troops to join the 6.000-member mission that is being headed by Italy. 


Negligence in Airport Fire 

DUESSELDORF — Gross negligence was 
blamed Thursday for a fire that killed 1 7 people a 
year ago at DuesseldorF s international airport. 

Presenting preliminary conclusions from an 
inquiry into the fire, a senior prosecutor, Jochen 
Ruland, said flammable polystyrene sheets were 
used in the construction of the terminal in the 
1970s. contrary to building regulations. 

The aluminum-coated polystyrene sheets in the 
arrivals hall ceiling caught fire during welding 
work, spreading deadly toxic fumes through the 
building in what was Germany's second-busiesr 
airport after Frankfurt. 

Mr. Ruland said his office was investigating 10 
people in all, mostly for “negligently causing a 
fire with fatal consequences." They include a 
member of the company that built the airport and 
a building regulations supervisor. Four were be- 
ing investigated in connection with the apparently 
locked security door of an Air France lounge, 
where seven people died. (AFP) 

Polish Minister Is Fired 

WARSAW — The president of Poland has 
dismissed the agriculture minister and deputy 
prime minister. Roman Jagielinski, the presi- 
dential press office said Thursday. 

President Aleksander Kwasniewski fired the 
minister at the request of Mr. Jagielinski’s own 


Peasant Party, which accused him of incom- 
petence. No replacement w as named. 

The parry complained that the minister's 
policies resulted in a food trade deficit last year 
and low grain prices for farmers. t Reuters i 

German Vote Law Upheld 

KARLSRUHE. Germans — Germany's 
highest court on Thursday upheld voting laws that 
assured Chancellor Helmut Kohl a w orkable ma- 
jority in Parliament. 

The court said the so-called overhang mandates 
that gave Mr. Kohl a ID- seat majority did not 
discriminate against any parry. These “overhang 
mandates'* arise from Germany’s two-vote sys- 
tem. where each voter can cast one ballot for a 
specific candidate and a second for a party. 

The second vote is usually the more important, 
because it gives the percentage each party wins. 
But if a party wins more direct seats on the first 
ballot than it should have according to the second 
vote, new seals have to be created. A bumper crop 
of 16 overhang mandates, mostly for Mr. Kohl's 
party, were created at the last general election, in 
1994. 

The coun also upheld a complex law con- 
cerning small parties that allowed East German 
reform communists to be returned to Parliament 
in 1994 even though the candidates had not at- 
tained the normal 5 percent minimum vote. The 
decision means Germany’s election l3ws will nor 
be changed for the 1998 election. (Reuters) 


Battle Over Privatization 

LONDON — The opposition Labour party has 
hit unexpected turbulence in the election cam- 
paign over its position on privatization of air 
tiaffic control. 

Prime Minister John Major seized on the issue 
Thursday, saying that reported contradictions in 
Labour's policy raised doubts about whether the 
party, well ahead in opinion polls before the May 
1 election, could be trusted in government. 

"If they are really talking about trust, perhaps 
they can clarify the position over air traffic con- 
trol.*' Mr. Major said at a news conference. 

Labour, which once vehemently opposed the 
Conservative government's notion of selling the 
control system to private owners, now says it 
would consider a sale. Party leaders said the 
position changed in February, but a union official 
said Thursday that party' leaders were still assuring 
him in March that privatization was ruled out. 

The Labour party leader. Tony Blair, said in a 
BBC radio interview that the policy had changed 
because the income from the sale of the air traffic 
control system was part of the government's 
budget plan. He said the change of policy was 
announced in February. 

But Joe Magee of the Institute of Professionals. 
Managers and Specialists, which represents 
traffic controllers, said Labour leaders had as- 
sured him a month later that the system would not 
be sold into private hands. (AP) 




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INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL II, 1997 


PAGE 6 




Ghosts of War Haunt 
Rubin’s Vietnam Trip 

But U.S. Treasury Chief Sees No Bar 
To Spreading the Free-Market Gospel 


By Clay Chandler 

\l\iililnxhin P. ■'/ S«TviVf 

HO CHI MINH CITY — To hear 
Treasury Secretary Robert Rubin tell it. 
the final meeting of his whirlwind tour 
through Vietnam could not have been 
more cordial. 

In his houriong conversation with Do 
Muoi. the general secretary of the Com- 
munist Party. Mr. Rubin praised the 
industriousness of the Vietnamese 
while Mr. Do. Mr. Rubin recounted 
later, professed "a great deal of good- 
will toward the United States.” 

Bur the setting for this polite ex- 
change Tuesday was heavy with the 
symbolism of past conflict. Reunifica- 
tion Hall, the sterile presidential palace 
built bv U.S. -backed leaders of the 
former South Vietnam, looked almost 
exactly as it was on April 30. 1975, 
when Saigon fell to North Vietnamese 
forces. From the front balcony, mem- 
bers of the Treasury delegation, which 
included at least five Secret Service 
agents who served in Vietnam during 
the war. could gaze down on the tank 
reputedly used to smash through the 
front gates. 

The ghosts of the war were never far 
during Mr. Rubin’s two-day visit 
through this country, despite his efforts 
to elude them. He skipped a visit to the 
nearby Museum of War Crimes with its 
grisly photos of the Mai Lai massacre. 
His motorcade did nor even slow down 
as it barreled past the unoccupied 
former U.S. Embassy building. 

Mr. Rubin, the highest-ranking U.S. 
economic official to visit Vietnam since 
1975. rejected suggestions that the 
war’s legacy has complicated the two 
countries' efforts to fully “normalize” 
their relations. 

“I didn't see any issue there.” he said 
when asked to assess the impact of 
lingering wartime animosities on his 


talks with Vietnamese leaders. “I got a 
sense that this was a group of people 
who made a decision some time ago that 
they wanted to move to a market econ- 
omy. but they didn't have any expe- 
rience with a market economy.” 

But Mr. Rubin's visit also demon- 
strated how the Clinton administration 
must tiptoe through domestic political 
minefields as it seeks to expand com- 
mercial ties to this potentially important 
U.S. trade partner. 

Mr. Rubin went out of his way to 
assure reporters traveling with him that 
he raised both human rights and con- 
cerns about lost U.S. prisoners of war in 
each meeting with Vietnamese offi- 
cials. 

A photo album presented to Mr. Ru- 
bin by the Vietnamese government 
upon his departure shows the Treasury 
secretary clmking glasses with officials 
from the Vietnamese Ministry of Fi- 
nance at a banquet in Hanoi on Sunday. 
But those images will not show up in 
American newspapers: the event was 
off-limits to the press. 

The ostensible reason for Mr. Ru- 
bin's visit this week was the signing of 
an agreement that commits Hanoi to 
repay $145 million in debts incurred by 
(he government of the former South 
Vietnam. Never mind that the accord 
puts Washington in the position of de- 
manding repayment from one of the 
poorest nations in rhe world, and puts 
Hanoi in the position of retroactively 
footing part of the bill for a war against 
itself. The agreement was an important 
concession to Vietnam's critics in Con- 
gress. 

Mr. Rubin, who was well along in his 
Wall Street career when the United 
States became heavily involved in Vi- 
etnam. displayed little interest in such 
complexities this week. Instead, he fo- 
cused on spreading the gospel of free- 
market capitalism. 



BmrLVnnm 


POLITICAL JOKE — Prime Minister Alain Juppe of France shar- 
ing a light moment Thursday with supporters at a market in Auch. 
southern France, where he was chairing an interministerial meeting. 





MmuH CztVA#coct Fncce-Prctjr 

OF DEATH — Opposition politicians wearing skull masks in Chile's Chamber of Deputies to protest 
:rn meat's decision to oppose a law that would provide economic assistance to terminally ill patients. 


INTERNATIONAL 




Ex-Leader of Mexico Is Implicated 

Salinas Linked to Cover-Up of Brother’s Role in Assassination 


By Julia Preston 

YiirL Times Sen fe e 


MEXICO CITY — Mexican pros- 
ecutors have released evidence suggest- 
ing that former President Carlos Salinas 
de Gortari took part in a cover-up of the 
role his brother is accused of playing in 
a 1994 political assassination. 

The special prosecutor said Wednes- 
day that, according to new testimony, 
the former president was officially in- 
formed early on that his older brother's 
name had come up repeatedly in rhe 
investigation of the shooting death of a 
prominent politician. 

Within days of die murder. Mr. Sa- 
linas arranged a meeting at the pres- 
idential palace for his brother. Raul, and 
the Mexican attorney general, and at 
that meeting. Raul Salinas asked to be 
left out of the inquiry*, according to the 
testimony. 

The disclosures mark the first time 
that government investigators have di- 
rectly implicated the former president in 
the expanding scandals involving his 
brother. 

Prosecutors did not say that they had 
opened an investigation of the former 


president, who has never been charged 
with a crime. Rather, they presented the 
evidence to revive the case against Raul 
Salinas, which had been on die brink of 
collapse. He is charged with being the 
mastermind of the slaying. 

When Mr. Salinas was in office, he 
was embraced as a close ally by the 
United States, but soon after his term 
ended in 1994. he plunged into disgrace 
and was forced into exile. 

Mr. Salinas has maintained that dur- 
ing his presidency be was unaware of 
most of his brother’s business and per- 
sonal dealings. Recently he has re- 
mained silent rather than defend his 
brother against mounting charges of 
graft and fraud. But he has continued to 
say that he is convinced his brother is 
innocent of the murder of the politician, 
Jose Francisco Ruiz Massieu. Mr. Ruiz 
Massieu had been married fora time to a 
sister of Carlos and Raul Salinas and 
was a close friend of Carios. 

The new evidence includes a recently 
discovered audio cassette and a state- 
ment given in January by the former 
president. The prosecution entered the 
evidence into the court record Wed- 
nesday. said the special prosecutor, Jose 


Prison Chiefs Quit Over Uproar 


Wasliinccon Post Service 

MEXICO CITY — The chief of 
Mexico City’s prison system and the 
director of a prison where powerful drug 
traffickers turned maximum security 
cells into comfortable quarters have 
resigned over charges they tolerated 
corruption and special privileges for 
well-connected inmates. 

Mexico City human rights officials, 
who have pressed the municipal au- 
thorities to end the prison abuses, said 
the resignations were prompted by a 
Washington Post article. 

That article, published in the Inter- 
national Herald Tribune on March 24. 
described pervasive corruption and the 
lifestyles of powerful prisoners at the 
maximum security area of Reclusorio 
None prison. 

The article said the prisoners had ai 
their disposal spacious rooms, cooks 
and maids, cellular phones, a gymnas- 
ium. a sauna and manicured gardens 
where they held barbecues, as well as 
regular access to drugs, women and 
alcohol. 

In addition, it quoted inmates and 


former prison officials saying that many 
of the drug traffickers and others con- 
tinue to run their illicit operations from 
inside the prison on the northern edge of 
the capital. 

“It provoked a commotion when The 
Washington Post called attention to 
these circumstances,” Luis de la 
Barreda, chairman of the city Human 
Rights Commission told the city as- 
sembly this week in his annual address 
to the lawmakers, “but not when the 
commission raised the same charges in 
our recommendation in 1995.” 

Prison system sources said they ex- 
pect more resignations and dismissals. 
Raul Gutierrez Serrano, director of the 
capital's nine prisons, resigned Tues- 
day. 

Saul Moctezuma Herrera, director of 
Reclusorio Norte, has also resigned, his 
secretary said Wednesday. 

Human rights officials and former 
prison officials say that problems of cor- 
ruption within prisons and the special 
privileges granted to major narcotics 
traffickers and other high-profile inmates 
is rampant throughout the country. 


briefly 


Luis Ramos Rivera. 

The evidence refers back to events 
surrounding the Ruiz Massieu killing 
and its first investigation. Mr. Salinas 
hastily appointed Mr. Ruiz Massieu *s 
brother, Mario, as the first special pros- 
ecutor in the case, with orders to report 
directly and exclusively to him. 

After Mr. Salinas left office, a new 
anomey general brought charges 
against Raul Salinas as the person plan- 
ning the slaying. He also accused the 
first special prosecutor of twisting the 
investigation to conceal any mention of 
Raul Salinas. 

Mexico tried unsuccessfully to ex- 
tradite Mario Ruiz Massieu from the 
United States to face charges of cover- 
up and abuse of authority, among oth- 
ers. He is living in New Jersey. 

Part of the new testimony comes from 
Victor Humberto Benitez Trevino, at- 
torney general in the last years of the 
Salinas presidency. He testified that he 
strongly objected to Mr. Salinas’s 
choice of Mario Ruiz Massieu to in- 
vestigate the killing of a member of his 
own family. 

Mr. Benitez said in testimony in Feb- 
ruary that Mr. Sal in as summoned him to 
his offices in the presidential palace a 
few days after the Mexico City murder. 
But instead of seeing rhe president, Mr. 
Benitez said he was ushered into a side 
office where he found Raul Salinas, 
“who expressed his concern that he 
might be connected to the investiga- 
tion.” 

In Carlos Salinas's statement taken 
in Dublin, where he is living, the former 
president acknowledged that Mario 
Ruiz Massieu told him soon after taking 
over the investigation that Raul Sali- 
nas's name had been mentioned more 
than once in connection with the slay- 
ing. 

A former special prosecutor who was 
building the murder case, Pablo Chapa 
Bezanilla. is a fugitive from justice, 
accused of bribing witnesses and con- . 
spiring to frame Raul Salinas by piant- 
inga body on his horse ranch. 

The prosecutors who took over from 
Mr. Chapa last December said Wed- 
nesday that they had found an audio tape 
of a session in which investigators ques- 
tioned a key witness one day after the 
killing. The witness is serving a jail 
sentence as accomplice to murder for 
buying the weapon. On the tape, the 
witness can be heard twice naming Raul 
Salinas as the man who ordered the 
killing. 


Ex-President Sued 
By Zimbabwe Aide 

HARARE, Zimbabwe — 
Canaan Banana, former president 
of Zimbabwe, has been sued for 1 J 
million Zimbabwe dollars 
($1 15,248) in damages by a former 
police aide who accuses Mr. Ba- 
nana of raping and forcing him into 
a homosexual relationship. 

Byron Hove, a lawyer acting tor 
Jefta Dube, a former police inspect- 
or. confirmed press reports 
Thursday that he had filed a civil 
lawsuit ‘with the high court on 
March 25. 

Mr. Banana, 61, who was a 
largely ceremonial president for 
seven years until 19S7. is under 
police investigation on charges that 
he abused Mr. Dube, 35. while he 
was his aide-de-camp in the 1980s. 
Mr. Banana was unavailable for 
comment on the lawsuit. 

Mr. Dube was jailed for 10 years 
in February for the fatal shooting in 
. 1995 of a fellow policeman who 
goaded him by calling him “Ba- 
nana’s wife.” {Reuters) 

EU Limits Its Role 
In Mideast Peace 

THE HAGUE — The European 
Union wants to share in Middletast 
peace diplomacy but sees its role as 
supplementary to that of the United 
states. Prime Minister Wim Kok of 
the Netherlands said Thursday. 

“The European Union chooses a 
balanced approach,” Mr. Kbk said 
at a news conference with Prime 
Minister Benjamin Netanyahu of 
Israel. “We want to play a role in 
the talks in addition to the Amer- 
icans, nor instead of the Americans. 
Taking into account the leading 
role of the Americans — but sup- 
plementary to the leading role of 
the Americans — die Europeans 
play a role.” 

Mr. Netanyahu was in the Neth- 
erlands for political and economic 
talks with the Dutch, who now hold 
the revolving EU presidency, al- 
though discussions were domina- 
ted by current Israeli- Palestinian 
violence. (Reuters) 

China Blocks FBI 

WASHINGTON — China’s re- 
fusal to let U.S. law-enforcement 
services open an office in Beijing 
could hurt efforts to fight surging 
global crime organized in Asia, a 
senior FBI official charged 
Thursday. 

The Stare Department. Justice 
Department and Congress have all 
approved plans to open an office for 
the Federal Bureau of Investigation 
to share with the Drug Enforcement 
Administration .in Beijing, ihe 
deputy assistant FBI director, Alan 
Ringgold, told a Senate panel. 

But when the U.S. Embassy in 
Beijing sought formal approval 
from Chinese authorities, he said in 
his prepared testimony, “the an- 
swer was, ‘not at this time.’ ” 

“All of the efforts of . our gov- 
ernment to date to move that issue 
forward have failed” Mr. Ring- 
gold stud. _ . • . (AFP) 


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Swiss No Longer Say, 
The Cat’s in the Mail 9 

Agence Fnmce-Presse 

ZURICH — Swiss citizens will no 
longer be able to pop their cats into the 
mad after the authorities introduced 
new measures Thursday tightenin g up 
on animal deliveries. 

The new rules ban the mailing of any 
animals weighing more than 15 kilo- 
grams (33 pounds) “except beehives, 
which can weigh 20 kilograms.” 

Under the measures, cat. shipments 
are banned altogether, while -such pets 
as parrots and rabbits can only be sent inij| 
aerated containers and by express de- 
livery. About 85 animals are mailed 
daily, mainly to laboratories. 




. c*- ■ 








B JJk 



INTERN.4TION.4L HERALD TRIBUNE. FRIDAY. APRIL II. 1997 


PAGE 




v Mi 


tl -i\ 

% 


4 


* 






• * 


’h: 


P 


INTERNATIONAL 


Wives of Peru Hostages Speak Out 

After 4 Months of Anguish, They Plead for More Information 


By Calvin Sims 

■VfH York Tunes, Semce 


thf L T? A H^r L * oth er relatives of 

me 7- hostages m the Japanese am- 
bassador s house here, Lucyde Cordova 
aid not sleep on Easter night. March 30 
alter hearm ? that negotiations to end the 
crisis had faded and that the military was 

planning a raid at 3 A.M. 

Fearing the worst, she made urgent 
rails to officials begging them to call off 
the rumored attack, met with the wives 
or other hostages and prayed. 

The rumor of a military strike out to be 
mistaken. But Mrs. Cordova, who is a 
leader of a support group for wives of 
hostages and whose husband, Dante, 
was once the chief of Peru's cabinet, said 
the women lived in fear that the longer 
the crisis lasted, the more likely it was to 
end in bloodshed. 

"We. the wives of the 72 hostages, 
have decided to come forward in order to 
stop what we see as a movement toward 
a violent solution to the crisis," Mrs. 
Cordova said. "Our priority is saving 
the lives of our husbands, and rhat must 
come before all other agendas." 

After remaining quiet for the nearly 
four months since Marxist guerrillas 
captured the ambassadorial residence 
Dec. 17, the wives are be ginn ing to 
speak out, expressing frustration with a 
lack of information from the govern- 
ment. They said they spent much of then- 
time monitoring television and radio 
news reports and investigating rumors. 


often about plans for military action. 

The women said it was not easy for 
them to come forward, because many of 
their husbands hold top positions in the 
government. They emphasized that they 
did not want their statements used to 
advance the agenda of either the gov- 
ernment or the Marxist rebels but only to 
obtain the release of their husbands. 

“Many ofus sleep with the radio on at 
night, and when we awake we huny to 

The wives spend mncli 
time monitoring television 
and radio news reports 
and investigating rumors. 

buy the newspapers, hoping to read 
something that noil give us a sense of 
when this horrible nightmare will end." 
said the wife of a Japanese diplomat, 
who spoke an condition she not be 
named. * "We are all going to need a Jot of 
counseling and therapy mice this is 
over." 

Direct talks between the government 
of President Alberto Fujimori and the 
Tupac Amaru Revolutionary Movement 
broke down March 12 when both sides 
refused to compromise over a central 
rebel demand — the release of hundreds 
of jailed guerrillas. 

In the interim, a commission of me- 
diators has been working to bring the 
two sides back to the negotiating table. 


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In recent days. Mr. Fujimori has said 
in television and radio interviews that he 
is still working to achieve a peaceful end 
to the crisis but that such a resolution 
may take some time. 

The wives of the hostages said that 
while they had faith in Mr. Fujimori, 
they were less sure about the military i 
and intelligence officials who were ad- 1 
vising him and who they said had been 
pressing the president to take military 
action. 

As they await the final outcome, the 
strain of managing a household and rais- 
ing children without their husbands is 
starting to take a physical and emotional 
toll on many. 

■They said they had come io rely on 
one another for support. 

The women usually meet twice a 
week in the International Red Cross Mis- 
sion in Lima. 

They go to the mission to drop off 
clean laundry, medicines, toiletries and 
letters for their husbands and discuss 
ways to adjust and exchange informa- 
tion that they have gathered on the ne- 
gotiations. 

When her emotions run low. Mrs. 
Cordova said, she finds strengtii in a 
passage from one of her husband's let- 
ters: "Even though the garden outside is 
dry now because no one has watered it 
for some time, there are still a few 
flow’ers growing, particularly a beautiful 
rare white one. 1 want to get out of here 
as soon as possible to bring it to you 
before it withers." 


INTERNATIONAL CLASSIFIED 


! TODAYS 

I 

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ROOU H YOUR PLANE? 3&red dean 
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Tx P3 i:r are:. JewitsriSzrp: Odes- 
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ST PETER E MEWS 145 Epscr. Rd . 

Surer Scree SU2 3EY. 6 apply. -1 ; ta s 

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Business Opportunities 

JOINT VENTURE M PH1UPPMES ttf 

Ttwer Hotel rotn 120 rooms. Properties: 

18.141 sqm ( n Pasrg. 5SS2 5q.m. m 

Carts. 2.110 - 4.120 ■ 15555 sqm. m 
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Emai: mfoekaBbaduam 
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Business Travel 


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Financial Services 


RINDING PROBLEMS? 

VENTURE CAPITAL 
EQUITY LOANS 
REAL ESTATE 

L:ng vrm re&sre) 

Sirred Guaranies 
■CorrmssOT yiies priy wan Fanjmgi 
Bi'ja:* jiamees a sec+tf wsr-g 
tof vet rPKts zrrrjea or 

BANCOR 

OF ASIA 

Fax (63-2) B1M2B4 
Tat [63-2) 894-5358 

3d>K Ccmwscn Assured 


PRIME BANK 
GUARANTEES 

Itrsjt Cwa ; Feswi A •.wane 
f" GmERsart °re/ecs atf 

Gcuenren: CcTC2n« 

rz are tr sar. 

Lane c.'r S^oa Kf 

Ais: Lin- 7e-r. •« 

Urge & re 5 mz f :m ;smi 
Ns csiRrasci Unj-. rawed 

REPRESENTATIVE 

saras uaisor 
PJS2H -sci t IrQtr 

VENTURE CAPITAL CONSULTANTS 
hvastmA banters 
16311 Ventura BtnL Sdte 999 
Endno, CaDfomb 91438 USA. 
Fax Nos (81 Bj 26-1698 
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EUROPE 

PABS: [HOI T«L (01 ] 4t £3 *3 85. 

Fo* (01)41 43 93 70 
£mcJ Qom m odOt t sun 
GBMWW. AUSniA & CBflRAL EU90P& 
FranUur 

Tat (0«9| 9712500. 

Fm |069) 971 25020. 
JBCUbHUXBOOlSG 

Tel: (021 314 3509. (02} 3U-01 17 
Fo; (02) 3160353. 
GSQBOfRUS AAers 
Ti: 301/68 51 525. 

Fac 301/68 53357 
fMLftMfcno. 

Wl: 58315738. 

Fac 583 20936. 

FCHB6AM& Airafecdam. 

Td- 3120.6841080. 

Foe 31306881374 
SWIRBBAMkPuDy. 

Td.: [0211 728 33 21 

Foe (021(728 30 91 
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TeL 0171 B364802 
7k 262009 Foe 4200338 
MIDDLE EAST 
BAWANMcrora, 

Td./Fo«: 591734. 

BRABiTdAw. 

Td.: V72-99SB02I5. 

972-99-586246 
Foe 972-99-585665 
KUWAIT: Corax) London 
Td. 071 836 4802 
Foe 071 2402254 


MIDDLE EAST 
LEBANON. SYRIA: Bdn*. 

Td/Fu». (96i 11 786564/786576 
OMAN: c/o Bahrain 
Td /Tax. (9&1 1 1 786564/786587 
SAUDI ARABIA: Comal laden 
Td. 71 8364802. 

Far. 71 240 2254 

AFRICA 

EGYPT: Coro 
Td-34«B38 
Tk. 21Z74VBCOUM 
Fax. 3444 429. 

SOUTH AFRICA 
JONAf«EWJRG: 

Td: (2711] B03 5892. 

Fa.. (2711)6039509 

NORTH AMBbCA 

rcwYoot 

Td (212) 752-3B9(X 
Tol toe: 1800} 572-721 2 
Fat (21 2] 755-8785 

CANADA 

TORONTO: 

TeL (9051833 6200 
Fac (ta5) 833-2H6 

LATIN AMERICA 

BRAZIL Soo Pada. 

Td 8534133 
Fare 852 8485 

LATtel AMERICA 

MEXICO: Menos ‘Zet. 

Td 152 51536 * 90 

Fa*. 152 5} 682 81 22W4842/ 

536 3577. 


LATIN AMERICA 

PERU: lime. 

T«L 151 14} 41 7852. 

Tfc 20469 GYT35A. 

Far 416422. 

ASIA PACIFIC 

HONGKONG: 

Td.- 18521 2922-1 IBS. 

Ik. 61170 HIHA. 

Fat (852) 2922- 1 ISO 

WHAM 
Td. 645{ 

Fax: 645 6372 
TV. 11 851 71/271 6 ADL 
JAPAN: Tckyo. 

Td.: 32 01 02 10 

Tbc J33673 Rue 32 01 02 09 

Fax (CO-03) 717-53 70. 

"trawh 

ror (632) 633-075 1. 
SWGAPOBE, BRUhB SingoporsL 
TeL- 223 6478. 

Fax 3250842 
Tk 28749 HW 

AUSTRALIA 

MBBOURNE: 

TeL 96501100 
Fac- 9650 66 1 1 


REAL ESTATE MARKETPLACE 


Real Estate 
for Sale 


International 


TWO GREAT OPPORTUNtnES 
GAMES, Franea. FaWowWta 
tor sale, unique afi aninL 

UARBELLA, Spain. Very teajttri via. 
M gd tat. Sente*. 

Both vites an priced tor s*te 
Sane owner Coniatt .Span, 

Fas (34-71) 70 05 31 or PO. Bo* T366, 
Paflna M moo. 07080 Spam . 


Belgium 


. j 

,,:r 


GENT, RUSTIC STYLE VILLA. 1.600 
sum. Mtoju# hrepaoUj* i 
Mchen. 3 bedroom bathroom, dwstofl 
room, cedar, new central 
Mrane. 3 stabet 2 mrv tarn ngnwy. 
rtSops. TBh 432S230S683 ever* iflS 


Canada 


LAKE SitCOE Wawtroni Estate. Barrie, 
Ortam. Canada. 3^6 eras d nmL (** 
4 acres o' wawrtta. Privtfe. ee chto ed 
BOO 1 vrawiront S 

Had tor tarty, coqwaie tereM. (»»■ 
bte Uiao OPetopirw*- Homo. 2or »■ 
nw. small flam- Pa noraroto vtew a. Joy 

or tattta nteir^ 

Mai Brass. 12 DtrtP Street East, tern, 
(Tntano Canada. L4MTA3 or Fax 
1-705-7^-5280. Phonfl J^^ MZS ' 
Ofe^aJSZSIPonCarafen- 


^ ggypf 

•' cibo UNIQUE PENTHOUSE. &eotr 
pert! teracB, 

va» *va»r. " J5fT£J9EaafS® 382- 
Jng, LtS 12 tcftOi ft* J02 38 » ^ 

French Pnyrincfis 

swasSSS 
'JZSaSSSSS— 





REWS-EPBtNAV-CUALONS Tnangle. 
UuumiB property buffi in 1£®3, 
sat in iLG acne partira ground, border- 
tog-take (qnnkfer systems). 3500 sqJL 
fiwig apace: 3 rerapben rams, 5 dsuUe 
bateoma, 3 baftroon*, 2 snrade i wta 
jacuzzi. bxtoor pod, sauna, shower, 
doubte garage, wne celar. Luxury 
tamos. SaCng price FF5U or maresl 
offer. Tat Owner *33 (pB 2B 68 56 78. 


NORMANDY, OWNER SELLS renovated 
manor house. 300 sq.m, toring space. 
6 bedrooms + guest house. 3 bedrooms. 
Several ouiMiSnos. stables—. Treed 
45 ha. tend, poni FF2^M. Tet Pans 
+33 S0W732(32f. Fac ^247140567. 


PROVENCE, 20 IMG ffWB AVIGNON. 
Country house h stone, cdm. weD toyed 
04, 7 bedroomy 4 fitfrocme. poMWe 
2-4 epertnato. Gadea pool Bontaring 
beeubta vtltege. FF2J50.000. TeVFax 
+33(0)4 66-57 68 OB 


10% NET PROFtT • Rare Townhouse, 
850 sqjn. r Orleans. Zenffi Prematon 
Ten *33(0)238420202. Fax (0226828834 


OWNER SELLS HOUSE nt south d 
Force, nor Locate. 100 sqm. redone. 
FWSMCO. Tst +33(0)4 8S456492 


French Riviera 


ctpwmmnmAco 

Lrage 1 bedroort apstweri 


a steroted in a smsl eKtosrie Mac k 
toatoring privacy, secorey i a aw 
j pool, egato wh a nntuiStart' view. 

cc frm urn gaag** «« 


TO 
- PtronelLOrt 


CANNES 

80 SOI) ttt to. CB Laare de TesB^ty, . 
ground floor on garden. 4 bedrooms, 2 
Ma, iBimonii 4 w. « apn. iwig 
«th taroe bay ardews, covaed note 
toiBca ladM soothtaflFeitf tow oo 

bay. private SOO sqjn.- 34evel garden. 
.pooishtwer.sawteMorjM^. 
FF4JI, Fax owner *33 (0)1 tt B 47 73 


BETWEEN NICE AND CANNES 

Private donA tewniE, new Ok 
150 sqm * wtfauttnp. Sea view. 
souttHWd exposue. Garten. SmubAQ 
pod Reduced fees. Dina owner 
l FB L Sl;FB:433jD)4 92tt«32. 


GAMES: Top How, «0.degreB *n. 
nigh cm wktenx, wwstad ISO 
n ia apartmad. 100 sqjifc sotanum 
wfli^ can be laid out and decorated' 
aasdog to ffie efiroft tss* and Stings 
provided. FF2,750^00- FHANOR: Tet 
*^3 (0)4 OS 16 (7 ffl. . 


CM8ES CAUFDRWE. panorant view, 
tig terrace, garden, pod Funteied du- 
plex. 3 bedrooms. 3 bams. jaragB. Tel 
owner *33 (01147201617 ! (016806*1969 


CASTELLARAS • (NEAR CANNES). 
Superb 3 bedroom villa -* pool Sea 
views. On protected private domain. 
Caste i Country. The Engusb Eteas 
Age rte on the French ftweta Tet *33 
(0)W3753107. www.moujnsaim 


ST JEAN CAP FERRAT • Rwshng pro- 
wcA vHa. 3 bedroont. study, 3 betns. 
1^00 sqjn. garden. Bargain twee. Tel 
+33 (01609534354 or +377 (0)607932505 


Italy 


SUPERBLY smiATEO FOUR BED- 
ROOM TflUA*. Wy air wndtawed and 
heated, above Genova Nervi wth tabu- 
bus visas and 4,000 sqm. lot Please 
•me to: The Ncvacemo Conxraiwi, Via 
A. Gubenno 26 A 16126 Genova, haty. 


ASS®, HEART OF MEDIEVAL TOWN. 
magmBcem apanmert n iBSi century 
mansion. Courtyard, garden, terrace 
Panorame view 300 sqm. 2 -car ge- 
. raga Tte: 39 2 68003107. 


VEMCE - Apartment on GRAM) CANAL 
between Aecademe Bridge 6 Palazzo 
Grassi - 145 sq m - Some restoration 
necessary US5600.000. Reply: Box 
0256. IHT. 92521 Neuay Cedex. Ftmea. 


HEHAGGJ0, LAKE COHO - Restored 
cctiage wKh circa 1 0/300 sqm tond tde- 
vteble in 3 taxtoatee jsxs) Superb nets 
ol the take. Lugano Airport 30 inns. Tet 
+382/796 740 Fax +352/796450 


PERUGIA GUBBtO ASSSTH1ANGLE 
Stumtffl Vtew. 8 hectares «th tam- 
house Tel / Fax *44 (0) 171 351 9296 
Often, tan S225.000 


VEMCE - CAMAREGX) AP ARDENT 
260 sq.m treses TIEPOLO .1000 Kpn. 
gadeft USS2 mttoa Fax 3W1-719975 


Monaco 


' HOWE CARLO - 

Seashore on die (MKtyma Rstience 
IE 21', an axceptete apartmen 
353 spo 4ws m - IB apt ienaces, 
matfs ac o nmo d a&l n . Pool cabana. ' 
5 partong spaces. Please cal 

PAR K^TCENCE 

La Part Pat** 

25 sveite da li Coate - 
IK 88000 Horde CMo 
• Tftt (377) 93 25 15 00 : - 
te (377} S3 25 35 33 
wiracrwratLnc^^^ sjerzs 


Paris and Suburbs 


18BV ON THE BOtS 

300 sqm + 107 sqm. garden * 
a targe chew d atamws and bwi 
houses tnn 150 earn, to 1000 sq/n- 
AGEKCE DU f ffiHE (DJI 47 04 40 27 


5 ton Pans, naar Mcnttort L'Aneuy 
LANGE GHAAMNG ESTATE 

an 17J300 sqjn. landscaped pert 
trortemg the woods Main hose 
* fliatched-root guea cortege. 

Both ertxely remwated rteh penod 
Dears 8 Urg. Aiwa 500 sqm Hmg 
space wHi si modem centers * enre- 
b®s' oatteft. greenhouse & srage 
Easy access to ftato by car. REfi pan 
a La pgsn sa « SN CF to Hotaanesse 

Ts) +33 nfSSSmSl 40883259. 


GOLDEN TRIANGLE - SAMT GERUAM 
DES PRES' LOFT - PlEOA-TBIRE. 
2 rooms m Slumuig I7jh cent town- 
cause. 24 Wl SECURITY CARETAKER 
sucer heated POOL, oym. sauna- 4m 
cpTtngs, redone. ARMOURED door, cur- 
tains, lanas. equpped ’MIELE’ Wctwi 
martile bathroom, wardrobes, dry ester 
men FF2.1M - partong. TeWax oaner 
♦33(0)14549190) or rent ff15.00(Wtia 


7th, ECOLE M8JTA0& 80 sq.m , 5th 
floor am wsr ol (mrtdas Dome. ewy. 
Svmg. rfctng, 2 bedrooms, awantwsnwig 
tidy sweat rasgner tochai Amencan 
baft, w aiproved, parquet 3 Sreptaces, 
moUngs. snrtl teracs. nod's room, eet- 
Isie. cairn and sumy. sficppm and 
transport in inmedate area Photos 
avaib bta. FT 2.450000 or USS 450.000 
Owner Tel +33(0)1 ,7 05 32 30 


EXCEPTIONAL ■ PARS 

PLACE YENDOUE 
Abou 200 sqjn. *nob(e' floor dm, 

5 French mtows gmng cr» Race. 
PS&kft RAW +33 (Up 45 55 2? 00. 


EXCEPTIONAL PARLY Z luxurious, 
best loceKsi 2 tage tenacss. taong 
pool S veissVe toresL i53 serm. 2-3 
tsflnxxns. 2 1(2 marts baths, separate 
(toning, huge Grain. American Kitchen. 
>. caretaker. Sold tJy turrusriea by 
i designer wre. FZBO.OOO. Tet 
+33(0)1 JS 54 5S 22 


15TH PASSY-KEMtEDY, owner sells 
apartiel Mi cfe s buMng. IDO sqm- 
batony. 4th too, Wng, 2 beOooms. 2 
bams. 3 WCs. equteped totefsn ceflar. 
gym pod seek tar 8 caterer in com- 
dex. FF 2G8L Pcssftfty large pariong. 
Tet -33 W 46 Si Bit 


PARS m 3 bettooms. 3 oaihrwrre 
bh suite, huge entrance and recepbon 
area, large Wchen tah partly, dose to 
Sen & mdro & shops. To include 3 
rooms on ihs top (toot. Ff 5 Miltons. 
Td 44 (0)175 3BS STBS 


5th, S0RB0NNE, 2/3 bedrooms. 60 
«q.m. apmwiett. bngitt, h^h cesings. 
nsrte beams bedoe, wooden taor 
FF2.5M. TeliTax cxroet (0)1 43K0687, 
E-rrsi 105K4JOl2*conipiaerteca , n 


K, AUVBB SUR 0GE hswieai vtftoge 
(VAN GOGH). Restored 18th cetaay 
stone house. 120 sq.m , living, drmg. 
3 fiedrocres. I baftocm. 2 wsnccms + 
430 sq.m ganten S275.OT0 Tet: ?33 
(0)134480214 Fat +33 (0j54B2237. 


AVENUE BWTAtGNE (tat) 
apertmerta 39 sun. to 320 ta 
Td R0KTES +33 (0)1 47 20 S 


PARS ■ HE ST LOUIS 
35 Mjm wm 3 targe roans 
(possibly i 5 rocme). ceing by 
moterr ansL ground floor, calm. 

3 freebees. USS 380.000. 

Tel +33(0)1 <3 25 40 61(offiee), (0)1 48 
61 02 79flto me). Fax (0)1 « 25 93 86. 


EXCEPTIONAL ARTtSTS HOUSE, V* 
ore llitftj. 645 sqm ■» terrace end 2 
parts tVonderta desgri PMsa cant- 
ton. Justed prcx. HIDE Tel +33(0)1 
40 51 73 00 


QUA! VOLTAIRE. Pans 7ft 2.3 roots, 
70 jam , 3rd floor. Ml posstaisv part- 
ing Price FF 2,300.000. G.RI Tel: 
-33I0|1 46 74 26 36 


Spain 


UALLORCA. PRESTIGE PROPERTY. 

Luxury villa TOO S3.m fJoi S 1200 
sum at twma spece. Pnce o ctoscuss. 
Tet *34-06^37663 ?8 j * 34-71-713454 


GOLF RESORT preset SCuircm Spam 
ttaoeita 47 Xm internet mtp-//Wwvj 
■vesur comtounttycUi htm 


Switzerland 


□ 


LAKEGBE1M& ALPS' 

Sale tp toreflners authored 
shea 1975 


AitraDve prefsmes. ncriaotag mews 
id? bedroems. troro SFr 200.000 
REVAC 

a. Mdritbffflart CH-1211 Geneva 2 
TbJ 4122-734 15 40 Fax 734 12 20 


USA Residential 


NYDan Are 6 73TO St 7 Roars 

FAB 5TH AVE CONDO 

EXClUSA'E Eetiaorinary 7 raws on 
20 Bi tor r/V. 4 aocs'jros. Veils ol the 
Park trotr Every rope, ttost desirable 
ton serree condo f> prone tocarcn 
Rare oppow-T/ 

NYLST Are 1 B5tn St 

FAB FIFTH AVENUE 

Tnpte mtot rswalej ceh Park raws 
EJa^rtl lsv«is rxnn, tonrrt dtoiig roam, 
huge mastH - Sfi4»n sute wflh resAiar 
oaths 5 dressing rqcms. 2nd bedroorn. 
Sbrary. errormcnt ear-n knaiw 8 
3U)3y. Ever.' smerny. EXCLUSIVE. 
Rebecca EteTrtecker 
2l2-g£1>7lKDRss. 212-G28-WBT 

DOUGLAS ELUHAN 


HALBU. CALIFORNIA ArcrtteOurel 
mastenjKce 1 Ocaanvraw. 3 bedrooms, 
seisa. prttens SlilA T31W57-0B1. 


Real Estate 
for Rent 


Holland 


RBmCUSE KTEWtATTONAL 
N: 1 n Hcfland 

tor isem' torrstecd ncusasilba. 
Tat 31-aW«o75f Far 3T-2W65303 
Ntawr. 19-21 1033 An Arsiertam 


Italy 


VENKE ZATTERE. ELEGANT. FUR- 
NISHED Baronet Ipeal tor nra Ter- 
race cvertenn; Gu-pecca Tei (39-2i 
657! mo 


Paris Area Furnished 


VENDOHE WTERNAT10NAL 
NEWLLY: Japanese style teat. 60 
stun rerrace. snftr he3r tuds singing 1 
FF12.3G0. PANTHEDK: FJty eoupoec. 
Z teorssrrs, ulcer}' sv around mustg 
d» sursrne. FF15JKD 
Serving tet your Rental Nbeds 
Teh *33(0)142788330 Fax(0H42788M0 


8TH-LUXURY DUPLEX, otf Arernre 
UonBgne. \ew beteSCuOy fumstsa 
Innng ream, onvng area. 1 bedtsom. 
1 1;2 marcte bams, modem cunem 
kitchen, linens dishes, guardien. 3 
moths Dim USA Tet &2-. a5-3S5o. 


■4-r 

.\nS«JWES 


idea accwmcuason: au*>c twflooms 
Qjac, end service assured 
READY TO MOVE K 
Te *33(011 43129000. Faa (0)1431^808 


CAPITAIE ’ PARTNERS 
Handpcked oaicy acaraneros. all sees 
Pars snd sublets. IVe net >ct ws ' 
Tet *33(0)1 -461 48211. Fax (0)1-4814821 5 


HISTORICAL ARTIST STUDIO E»Wf- 
rand 30 sc m . garden ertn. mft mar- 
actsr. anttecurei ce&gn. fully kjutt*c 
nd hnen & deaiwg. passtoir,- panorg. 
rriKCCumo Telia* *33i0)i4023«30 


7TH. 1 biocn trem Eitrei Tower. 
Large lutunous 4 bedrooms. Fully 
eduopea Tel - 310-452-2250 USA. 


Paris Area Unfurnished 


BOULOGTC. 45-room Hat 130 sqm. are 
Pent Grerwr nterM •.•*» cr me nver 
Seme fi Pans Ctose to setooft. shops, 
metre, tui FFrt 500 Charges included 
Tel -SMn 42665002 or 1011 450W709 


FRANCE 


r 


v 


COTE D’AZUR 

unique 

at one of the most sought after sites 

“LE CAP D»ANTIBES»» 

right near sea and beaches 
in a privileged quality environment, calm 
Lasr superbe lot for construction 
a 20,000 sq.m, flat land 
ideal for building one to thirteen villas 
with pool and housekeeper s house 
undervalued 
exceptional investment 

Documentation upon request 

Contact owner M. Yaft 

1. av. du Doctor-Picaud, 06400 CANNES 

Fax +33(0)4 93 99 13 02 




J 


VEHY CLOSE TD CHAWS ELYSEE5 
canmeroa) premises. 140 sam.. 
calm and agreeable, on couftvart'ganwi 
Office • apanmerc. art panned 
Ressonade lease are) key money. 
For vtort Tet *33(0)1 43 59 45 43 


Switzerland 


GENEVA, LUXURY FURNISHED aparo- 
meras From sodss la 4 bedro om s T« 
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PAGES.. 


FRIDAY, APRIL IX, 1997 


EDITORIALS/OPINION 


and 


INTERNATIONAL 



* n nuslftir WITH THK \F.» VfiRk TIMES AND THE WASHINGTON POST 


: Japan, China and the United States Together 






Meet Martin Lee 


The Clinton administration has a 
rare opportunity i to . remedy what 
rightly struok many people- as a foreign 


S dicy mistake — Vice President AI 
ore's dispatch to China last month 
without a stop in Hong Kong to 
demonstrate' U.S. support for that 
colony’s threatened Liberties. That 
omission could be repaired on Monday 
if President Bill Clinton agrees to meet 
with Hong Kong's leading democratic 
politician. Martin Lee. who iscunently 
visiting the United States. 

A British colony with a population 
of 6 million. Hong Kong is an oasis of 
freedom clinging to China’s southern 
coast, with an elected legislature, an 
independent judiciary and civil service 
and an almost religious devotion to 
unfettered capitalism. Less than three 
months from now. however, it will 
revert to Communist China under a 
British-Chinese agreement signed in 
1984. China promised then to respect 
Hong Kong's freedoms under a “one 
nation, two systems” formula, but 
already it is going back on that prom- 
ise. It' has handpicked a provisional 
council to replace the independent- 
minded elected one. and made dear 


that basic rights will be circumscribed. 
On Wednesday it published proposed 
new restrictions on freedom of as- : 
sembly and on political parties. 

Mr. Lee. chairman of the Democratic 
Party, has for more than a decade been 
leading the campaign to preserve Hong 
Kong’s rights. He has made dear that 
more is at stake than the fates of 6 
million people. If Hong Kong's liberties 
are preserved, they could provide an 
example for mainland China: if not, the 
prospects for democratization in Beijing 
will be set back. That is not to mention 
Hong Kong’s value to America as trad- 
ing post and window onto China. 

The Clinton administration has been 
far too reticent as China has prepared 
to dismantle Hong Kong's democracy. 
A Clinton-Lee meeting would go a 
certain way toward correcting the im- 
pression that the United States doesn't 
much care. As head of Hong Kong's 
most popular party, the clear winner in 
the most recent elections. Mr. Lee has 
the legitimacy and standing to merit a 
presidential visit. Between now and 
the June 30 handover, there won't be 
many other such opportunities. 

— THE WASHINGTON POST. 


Born in Germany 


The key to German identity is found 
in the blood. A German is nof someone 
bom in Germany but someone bom to 
ethnic German parents anywhere in the 
world. Many other nations' define cit- 
izenship the same way. but Germany’s 
Nazi past gives the concept a different 
resonance. Now a remarkable new de- 
bate in Germany may change the Ger- 
man concept of citizenship. 

The Social Democrats and Free 
Democrats would like to grant citizen- 
ship to anyone bom in Germany. Some 
would allow dual citizenship for those 
with foreign-bom parents. Several 
members of Chancellor Helmut Kohl's 
Christian Democrats join them, but the 
proposal is opposed by most of his 
party, and by the Bavarian partner in 
his conservative coalition, the Chris- 
tian Social Union. They argue that 
Germany, unlike America, is not a 
country of immigrants. Parties further 
to the right put it differently: Germany 
is an ethnic German state. 

That, however, is no longer the real- 


porting Bosnian child refugees. Neither 
the government nor civic organizations 


have significant programs to help for- 
eigners integrate. The country still has 


ity. Eager to separate itself from its 
Nazi past, Germany has accepted twice 


Nazi past, Germany has accepted twice 
as many asylum-seekers as all other 
nations in Europe combined. The in- 
flux slowed considerably' with a harsh - 
law-limiting political-asylum in 1993k 
but today one in 12 people living in 
Germany is a foreigner. Germany's 
political culture has not caught up. 

While hundreds of thousands of Ger- 
mans have demonstrated against neo- 
Nazi arson and the assaults and murders 
of foreigners, millions more treat for- 
eigners as intruders. Recently. Germany 
has drawn world disapproval for de- 


eigners integrate. The country still has 
no law regulating immigration. 

The debate about liberalizing Ger- 
many's citizenship laws is politically 
permissible because a new law would 
not admit new immigrants. It would 
apply only to people bom in Germany. 
One in five new babies bom there is not 
German. The largest group of foreign- 
ers. about 2 million, are ethnic Turks. 
Beginning in the 1960s. Germany in- 
vited what it called “guest workers’’ 
from Turkey to take undesirable low- 
paying jobs. These workers' children, 
who pay taxes and often feel more 
German than Turkish, can become Ger- 
man citizens only with great difficulty. 
They cannot hold dual citizenship, as 
Germany does not admit the concept. 

' The debate is all the more remarkable 
given the anti-immigrant mood grip- 
ping Europe and America. Germany, 
along with many other countries, has 
changed its laws to make immigration 
more difficult. It is experiencing un- 
employment of more than 10 percent, 
the highest since World War EL 

Redefining Germanness by birth in- 
stead of blood could help encourage 
Germans to accept foreigners. It would 
provide relief for millions of people 
who. are now destined to live in a 
country where they will never fully 
belong. On a Continent where ethnic 
conflict is common, a statement that 
ethnicity is no measure of citizenship 
would be particularly welcome. 

— THE NEW YORK TIMES. 


Out With the Browsers 


Several years ago there were reports 
that some number of Internal Revenue 
Service employees were violating the 
mist placed in both them and the 
agency by browsing through tax re- 
cords that they had no official reason to 
examine. The agency responded as you 
might expect. It was going to crack 
down, establish a policy of “zero tol- 
erance” for such behavior, etc. 

It would have been die right thing 
to do. Unauthorized snooping through 
tax returns is morally wrong, an in- 
vitation to corruption and a threat to the 
very foundation of the “voluntary" tax 
reporting and collection system, lit ought 
to be not just a crime but an automatic 
firing offense. The reason doesn't mat- 
ter. you are out if you are found to have 
done it. That is what zero tolerance 
means or ought to mean; it is the only 
tolerable rule. 

But a new report suggests that it is 
not the rule after all. Far from it. The 
agency failed to deliver. A so-called 
“electronic audit research log” has 
been put in place to detect unauthorized 
examinations of returns. Its reach is 


the program reported that “no one per- 
son or organization has overall respon- 
sibility ... for ... abuse prevention and 
detection. As a result, inconsistencies 
in how the program is administered 
have marginalized our effectiveness. 
Our progress ... has been painfully 
slow'. The program has suffered from a 


slow, me program has s uttered from a 
lack of overall consistent, strong lead- 


incomplete: it covers only some ERS 
computer use. not all. In' 1 994 and 1995 


computer use. not all. In 1994 and 1995 
there were 1.515 instances in which 
employees were accused of unauthor- 
ized browsing. A third of the cases were 
closed without any action; in another 12 
percent the accused employee either 
took retirement or was cleared. Only 23 
were fired: 349 were otherwise dis- 
ciplined and 472 were “counseled.” 

The agency committee overseeing 


ership.” It said that “some employees, 
when confronted." continue to “in- 
dicate they browsed because they do 
not believe it is wrong and that there 
will be little or no consequence to them 
if they are caught." 

The IRS wtil often say when it is 
attacked that the attackers are just tax- 
bashers not to be taken seriously — 
people whose real goal is not to achieve 
a better system of collection but to 
undermine public support for the in- 
come tax that the agency mainly col- 
lects. A fair amount of such bashing 
does in fact go on. and next week. Tax 
Week, you can expect a kind of circus 
of il But if anything, that means that 
the agency needs to hold itself to an 
even higher standard of behavior than 
would otherwise be the case. 

On the snooping issue, it seems, on 
the strength of its own internal com- 
mittee report, to have done the reverse 
— been lax precisely where it should 
have been most severe. It is not a de- 
fense to say that the overwhelming ma- 
jority of employees don't snoop, if some 
do. Change die law if that is needed to do 
it. but get them out of there. 

— THE WASHINGTON POST. 


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T OKYO — If Japan had a foreign 
policy even half die match for its 


1 policy even half die match for its 
economy, this would be something to 
behold. For, notwithstanding the 
nerve-shattering downturn in the yen, 
Tokyo remains incandescent You 
drive .through the streets of this kal- 
■ eidoscopic powerhouse of a world cap- 
ital feeling that you are near the center 
of planet Earth's human energy core. 
Bow your bead to success. 

But respect another, different real- 
ity: Japan. hobbled by a coalition gov- 
ernment, not to mention its culture of 
caution', has yet to step up to its destiny 
as a major international player. This 
remains the nation of a thousand rea- 
sons for saying “no" to any foreign 
initiative that would put it on the line. 

Yukihiko Breda would never admit 
to it publicly, but I have to believe that 
the widely admired minister of foreign 
affairs must be frustrated by Japan's 
often dormant diplomacy. 

As I interviewed him at the glacially 
gray Foreign Ministry on Friday, I en- 
visioned Japan with its arms and legs 
pinned down inside a cocoon, strug- 
gling. with an alert, fluttering sensibility 
like Mr. Lkeda's, to spread its wings. 

The previous weekend. Mr. Ikeda 
had been tending to his country's busi- 
ness in the People's Republic of China. 


By Tom Plate 


Aides still had smiles on their faces 
because of China's pointed avoidance 
of even a mention of their tense ter- 
ritorial dispute over what the Japanese 
call the Senkaku Islands. 

While determinedly chain-smoking, 
Mr. Breda smiled, too, and allowed for 
the “steady improvement in the bi- 
lateral relationship," but be seemed to 
be searching for something more. 

He emphasized that neither Japan nor 
China alone can ensure Asia's peace 
and prosperity — nor, he insisted, can 
Japan and Washington without China. 

“It is indispensable." he said, “for 
these three countries to maintain a fa- 
vorable relationship and further devel- 
op this trilateral good relationship. On 
the part of China, they have been show- 
ing more eagerness — that is, a positive 
posture — to try to develop and expand 
a better relationship with the United 
States and Japan and become a fully 
involved member of the international 
community." 

He believes that a central task of 
statesmanship is to assure the Chinese 
that the world is not actually out to get 
them. So he took pains in Beijing to 
explain that the 1960 Japan-U.S. se- 


curity pact was not just one continuing 
plot to contain China, despite the dra- 
matic strengthening of this bilateral 
insurance policy in the rocky aftermath 


of Beijing’s missile-tipped tantrum 
over the Taiwan issue last year. 


over the Taiwan issue last year. 

"We mentioned to China that [the 

revised pact] was not devised with China 
as a target in mind, but rather it serves as 

a kind of international public good for 
the stability of the region at large.” 

Beijing’s leaders could only be 
pleased by Mr. lkeda's thought on the 
Taiwan unification issue; “I believe 
tension will not be caused from the 
Chinese side at this time," he said. His 
eyes met mine when I referred to U-S. 
congressional posturing over Taiwan. 
Then he added: “If I started talking 
about this; I would have to refer to the 
remarks made by the men in the U.S. 
Congress. I would like to refrain from 
making any comments." 

I broached the latest taint on Amer- 
ica's image in Asia — last week’s 
alleged assault by a U.S. serviceman on 
a Japanese woman. Whether or not it 
occurred as charged, it only served to 
revive memories of the far worse in- 


cident last year involving the rape of a 
Japanese 1 2-year-old bv three U.S. ser- 


Japanese 12-year-old by three U.S. ser- 
vicemen stationed in Okinawa. . 

Mr. Ikeda passed up the opportunity 


to lecture, and instead pointed to his 
government's current effort to wtend 
the expiring lease on the U.S. base in 
Okinawa as evidence of an unswerving 
commitment to a continued U.S. troop 

Pn r e ^d a r £ « ire «US.foc US on 
the China relationship, even, he sug- 
gested, if it comes at the expense of 

some attention to Japan. __ 

Last week the influential Beijing Re- 
view implicitly endorsed the Ikeda 
view of the surpassing importance of 
the triangular relationship. As he put it 

to me. ‘ ‘It is not a zero-sum game where 

one becomes better and the other will 
deteriorate ... There will be a syner- 
gistic effect ... and a plus-sum game.. 

I hope he is right. Northeast Asia, 
with, by some estimates, about 25 per- 
cent more soldiers under arms than all 
of NATO, is one big blowout ready to 
happen. Military budgets are up almost 
everywhere. Since the end of World 
War EL geopolitical conflicts in Korea 
and Vietnam have cost more . than 
100,000 American, lives. * 

Jap anes e diplomacy is still a long 
way from blooming, but It is a con- 
solation to have a closet internationalist 
like Mr. Ikeda at its helm, working as 
he is to free Japan from the cocoon. 

Los Angeles Times. 


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To Get to Camp David, They Have to Earn the Costly Tickets 




N EW YORK — So every- 
one wants to go to Camp 


one wants to go to Camp 
David, now. Yup. skip all those 
pesky interim steps in the Arab- 
Israeli peace process and just 
cut right to the bottom line. I 
like the idea — but everybody 
who wants to come has to buy a 
ticket. And it won't be cheap. 

We know one thing about the 
history of the Arab-Tsraeli peace 
process: There is progress only 
under conditions of extreme 
pleasure or pain. You have a 
breakthrough because Anwar 
Sadat does a remarkable tiling, 
flying off to Jerusalem, or be- 
cause one or both sides are under 
such excruciating pain that they 
have to make unprecedented 
concessions. 

The Oslo breakthrough hap- 
pened only after Israelis tasted 
the intifada for too long and 
after Yasser Arafat was isolated 
and flat broke because he had 
sided with Iraqi President Sad- 
dam Hussein in the Gulf War. 


By Thomas L. Friedman 


The problem with the current 
moment is that neither side is 
ready to offer the other the 
needed pleasure for an unprece- 
dented breakthrough, and neither 
is under enough pain to make 
unprecedented concessions. 

So the United States has the 
choice: Use the lure of Camp 
David as a way of trying to 


David as a way oi trying to 
gradually rebuild enough pleas- 
ure to carry the process forward, 
or simply let Benjamin Netan- 
yahu and Mr. Arafat play out 
their reckless fantasies to their 
logical extremes. 

If the parties want to opt for 
Camp David, America should 
demand three admission tickets: 

The first is that they each take 
steps to restore a modicum of 
mist without which any final- 
status negotiations would fail. 
Mr. Netanyahu must commit to a 
freeze on the building of any new 
settlements in Jerusalem and the 


West Bank and on expanding the 
size of any existing settlements. 
And Mr. Arafat should have to 
arrest every Hamas radical he 
can get his hands on. 

Second, Mr. Netanyahu and 
Mr. 'Arafat must publicly re- 
commit themselves to the core 
bargain of Oslo. That bargain 
stipulates that Palestinians will 
make a 100 percent effort to 
ensure Israeli security, and that 
Israelis will make a 100 percent 
effort to facilitate a self-ruling 
Palestinian homeland in the 
West Bank and Gaza. 

Mr. Netanyahu violated that 
implicit bargain by engaging in 
unilateral steps in Jerusalem 

and the West Bank to create new 
facts on the ground before final- 
status talks. And Mr. Arafat vi- 
olated that bargain by winking 
at a renewal of terrorism. 

The third ticket is that both 
sides have to show a willingness 


to build the political coalitions 
necessary to support the only 
fair peace settlement possible. 
That means that Mr. Arafat has 
to start preparing his people for 
the fact that they are not going to 
asetback 100 percent of die West 


lank, the Gaza Strip and East 


Jerusalem. At best they will get 
somewhere between 65 and 85 


somewhere between 65 and 85 
percent If there is no Arab/ 
Pales tinian coalition to ratify 
such a compromise deal, there is 
no sense going to Camp David. 

And Mr. Netanyahu has to 
either build a new coalition or 
start preparing his own for a 
settlement that would offer 
Palestinians 65 to 85 percent of 
the West Bank. 

If die two men refuse to buy 
these tickets for Camp David, it 
means that they, or their con- 
stituencies. don't want to offer 
the pleasure needed for a final 
deaL In that case, regrettably, we 
will have to wait for more pain. 

So bring it on. Let them trade 


an eye for an eye and a tooth for ; 
a tooth, while they, insist that 
they have a better path for then- 
peoples than the Oslo peace 
process. Let them have the con- 
frontation they so clearly want 
and richly deserve. 

Let Palestinians show us how 
they will redeem Palestine with 
their “blood and spirit' * as they 
keep c hanting . Let them cheer 
their suicide bombers. 

Let Israeli settlers gun down 
Palestinian youths. Lee Mr. Net- - 
anyahu come to America and f 
use every meeting he has with 
Congress and the mess to dele- ’ 
gitinrize Mr. Aram. (O.FL, say 
you do delegitimize Yasser,' 
then what Palestinian leader- 
ship axe you going to deal with? 
So you win CNN's Middle East ' 
Debating Trophy! Big deal.) - 

It is sad to think that it wfll ' 
require so much more ptun to 


get both sides back from die 
mink. But it probably will. 


But it probably will. 

The New York Times. 




. s 

If NATO Has to Expand, Romania Has to Be One of the Elect - 


P ARIS — Enlargement of 
NATO is one of those jug- 


J7 NATO is one of those jug- 
gernaut policy decisions made 
by Washington, crushing all in 


By William Pfaff 


The quarrel between them is 
due to the existence in central 


its path — except, possibly, the 
U.S. Congress, when the time 


U.S. Congress, when the time 
arrives for it to confront the 
military commitment and costs 
entailed. Given that the policy 
will not be stopped, one must 
take inspiration from Shake- 
speare and search for how from 
this nettle we might pluck a 
flower of advantage. 

If NATO must expand, it is 
senseless not to use expansion 
to strengthen security in the 
place where it is most needed, 
the Balkans. That would give us 
at least one positive result from 
what is being done. 

The negative results have 
already begun to arrive. The 
agreement signed on April 2 by 
Russia's Boris Yeltsin and Al- 
exander Lukashenko, president 
of Belarus, to more closely In- 
tegrate Belarus and Russia is one 
reaction to NATO's enlarge- 


ment Belarus was formerly a 
part of the Soviet Union. 

Mr. Lukashenko is as dic- 
tatorial as circumstances allow 
him to be. muzzling the press 
and locking up opponents, so 
this step toward reunion out- 
rages liberals in Moscow and 
nationalists in Belarus. 

Those pleased by it include 
Russians who warn part if nor 
all of the old Soviet Union put 
together again to defy the West. 
To them. NATO expansion is 
an aggressive act 

Yet as a challenge to Russia 
NATO expansion as now con- 
ceived is oddly timid. It would 
take in countries that are 
already secure and reasonably 
successful in their political and 
economic transition: Poland, 
the Czech Republic and Hun- 
gary. It leaves out the countries 
that are weak and vulnerable. 

On present accounts, the 
Baltic countries, Ukraine. Mol- 


dova, Bulgaria, Slovakia and 
Romania will be left out 

Washington understands that 
taking the Baltic states into 
NATO at this point would be a 
provocation. Ukraine and Mol- 
dova a re fellow members with 
Russia of the Commonwealth 
of Independent States. Bulgaria 
is in too deep internal disarray 
to take so important a step, even 
if it wanted to join NATO. Slov- 
akia. politically, has yet to 
demonstrate that it deserves to 
be in the NATO community. 

That leaves Romania. And 
Romania is very important If it 
is left out of tiie first wave of 
expansion and Hungary is in- 
cluded, great damage may be 
done to one of the real political 
achievements of recent months, 
a stabilization in southeastern 
Europe produced by reconcili- 
ation between two ancient 
rivals. Balkan Romania and 
Central European Hungary. 


Romania of a large and relat- 
ively prosperous Transylvanian 
Hungarian ethnic minority of 
more than 1.6 million people. 

The Transylvanian Hungari- 
ans, under rival Turkish and 
Austrian political influences, 
dominated the region from the 


, 5th century onward, and try the 
18th century had made Tran- 


Being Diplomatic With the Hill 


W ASHINGTON — The 
Clinton administration 


By Daniel Berger 


has assembled a team to dis- 
lodge the chief obstruction to 
U.S. foreign poliev objectives: 


U.S. foreign policy objectives: 
the isolationist impulse gov- 
erning Congress during the Re- 
publican ascendancy. This ob- 
stacle is personified by Jesse 
Helms, the reactionary who 
governs the Senate Foreign Re- 
lations Committee as his per- 
sonal microstare. 

I'nder his influence, the 
United States has refused to 
pay past UN dues: failed to 
ratify - arms control agree- 
ments: underfunded foreign 
policy'; hobbled its ability to 
use aid as a tool of either U.S. 
national interest or Third 
World growth; pretended to 
legislate for foreign countries. 

The Helms-Burton Act — 
to enhance the private in- 
terests of a handful of Flor- 
idians who used to be Cubans 
— is fouling relations with 
Canada. Britain. France, 
Spain and Mexico. No one at 
the United Nations will will- 
ingly do U.S. bidding until 
Washington pays up there. 

That is what President Bill 
Clinton faced when nominat- 
ing Secretary' of State Mad- 
eleine Albright and her suc- 
cessor as permanent delegate 
to the United Nations. Bill 
Richardson. Their goal is to 
persuade Congress to let Mr. 
Clinton have a foreign policy. 

Mrs. Albright's skill at talk- 


ing to the American people and 
her good relations with Mr. 
Helms have been noted. She 
brought die senator the head of 
former UN Secretary-General 
Boutros Boutros Ghali. 

In return, he may allow rat- 
ification of the Chemical 
Weapons Convention this 
month: perhaps even of the 
UN Convention on die Elim- 
ination of All Forms of Dis- 
crimination Against Women, 
which was signed in 1980. 

Mr. Richardson, whose 
cabinet role in foreign policy 
takes him to Washington 
twice a week, has lobbied on 


Capitol Hill for the pay ing of 
UN arrears. He is lobbying at 


UN arrears. He is lobbying at 
the United Nations for future 
U.S. obligations to be scaled 
down from 31 percent of 

S acekeeping assessments to 
percent and from 25 per- 
cent of basic dues to 20 per- 
cent A clear trade-off. 

He calls Secreiarv-General 
Kofi Annan's plan for down- 
sizing the Secretariat a good 
stan. It involves staff cuts, 
budget caps, a stronger in- 
spector general and consolid- 
ation of three economic de- 
velopment bureaucracies into 
one. The second shoe conies 
by July, when Mr. Annan will 
propose downsizing UN-re- 
lated agencies. 

Within 90 days, the admin- 


istration seeks a grand bargain 
with congressional leadership 
headed by Senate Majority 
Leader Trent Lott to clear up 
the UN impasse. 

Mr. Richardson, the former 
seven-term congressman 
from New Mexico, is meant to 
pass in New York as a Third 
Worldling and on Capitol Hill 
as a denizen. He appears in 
each place as a sympathetic 
representative of the other. 

A frill accommodation with 
Mr. Helms would let the ad- 
ministration use aid as a 

S ilicy tool, pay up at the 
nited Nations, ratify treaties 
that flow from bipartisan for- 
eign policy, and amend out of 
the Cuba embargo what most 
offends friendly countries. 

Mr. Helms can get two 
things in return. One is credir 
for UN reform. The other is his 
plan to farce the U.S. Infor- 
mation Agency, the Agency, 
for International Development 
and the Arms Control ana Dis- 
armament Agency into the 
State Department. J. Brian At- 
wood, head of the AID, spent 
the first term fighting tins..' Vice 
President AJ Gore, reorgan- 
izer- in -chief of government, 
could come out in favor. - 
With the Albright-Richard- 
son duo, the White House has 
determined that it must ac- 
commodate Capitol Hill be- 
fore it can deal effectively 
with other powers. 

The Baltimore Son 


18th century had made Tran- 
sylvania a brilliant and gener- 
ally tolerant center of Protestant 
Hungarian civ ilizati on — al- 
though holding the Romanian 
population in serfdom, and sup- 
pressing the Romanian peas- 
ants' Orthodox church. 

When the Ottoman empire 
weakened, Austrian influence 
increased. Transylvania fell un- 
der complete Austrian control in 
die 19tb century. The Romanian 
peasantry was emancipated. 

After the first world war, 
when Austro-Hupgaiy col- 
lapsed, this Romanian peasant 
majority demanded Transyl- 
vania’s union with Romania 
proper, which had been fully 
independent since 1878. Hun- 
garian estates were expropri- 
ated, and a policy of cultural 
Romanizafion installed. 

Communism suppressed the 
Romanian-H lin ga nan rivalry, 
but since 1989 it has renewed its 
claim on the two nations. How- 
ever, today for the first time gov- 
ernments exist in both BuchSest 
and Budapest which understand 
that peace must be made on the 
Transylvanian issue. 

Under President Emil Con- 
stantinescu, elected last year, an 
enormous effort has been marie 


not only to install overdue polit- 
ical and economic reforms in 
Romania but to put Hungarian- 
Roma nia n relations an a new 
basis. The change inside the 
country has been profound, with 
Transylvanian Hungarians now 
part of the governing coalition. 

The Hungarian government 
itself now says tbatifRomaniais ... 
not admitted to NATO, at the sr . 
same time as Hungary, the new 
situation will be undeonined. 

The governing coalition in 
Bucharest may fafl. Nationalists 
in Hungary, who oppose treaty 
concessions made to Romania, 
would be suengthened. Hungari- 
an-Romanian cooperation might 
then be destroyed by a successor 
Hungarian government 

Tone is a knock-on effect in 
Slovakia, where nationalist 
claims on behalf of Slovak 
minorities abroad have a de- 
structive effect on regional re- 









latinos, and underpin authorit- 
arian government. The Slovaks 


anan government. The Slovaks 
considered the old post-COm- 
munist government in Romania 
an ally on ethnic issues. • 

The incidence of tolerance 
and realism about ethnic and M 
historical conflicts is not great- 
in this region, as the Yugoslav 
war has made.known to all. The 
breakthrough in Himgarian-Ro- 
manian relations is thus ex- 
tremely important 
'Including Romania with 
Hungary in the first round of 
NATO expansion nw confirm 
and extend the influen ce of 
political realism in an area 
where itis badly needed. 

International Herald Tribune. 

O Los Angeles Times Syndicate. 





IN OUR PAGES: 100. 75 AND 50 YEASSAGO 


1897: Tahiti War Over 


SAN FRANCISCO — Accord- 
ing to advices from Tahiti, 
Queen Mamai, ruler of the is- 
land of Raiatea, has surrendered 


after defying the French for sev- 
en years and the lone rebellion 


eri years and the long rebellion 
in Raiatea and die Huahine Is- 
lands has been put down. 
Thirty-six natives were shot and 
sixteen woe drowned. The 


Queen and 136 of her subjects 
were sent to exile for life in 
New Caledonia. The French 
have left an armed force in 
charge of the islands. 


stances would France permit 
disttisaon of disarmament in jlj 
the plenary session of die con- ' 
ference. He declared that the 
subject is not on due agenda, and 
the agenda most bd followed. 
Mr- Lloyd Geoigt (Great Bri- 
tain) tried to be soothing, air 
muting that Europe'must dis- . 
aim if there is to be oo feil in the 
effort of reconstruction. 


1947: New Sa^iriStatas 


1922: Stormy Meeting 


GENOA — At the opening 
.session of the Genoa Confer- 
ence. ML Chicherin (Russia) 
raised the question of disarm- 
ament and invoked a storm that 
threatened: to endanger further 
proceedings. M. Barthou 
. (France) emphatically an- 
nounced that j in no circum- 


MOSCOW — The French plan 
for the economic and financial 
incorporation of - the -Saar ter- 

S . to which the American 
ri tish delegates agreed in 
die Council of Minis- 

ters, will detach the Saar as part 
of German territory convert 

it into a senu^auteooaious re- 
gion under French -^antrol. Its 
“habitants will Juwe.'fheir own. 

citizenship, its foreign relations 
and die protectidri'of^ nation- 
als and mterests abfoad will be 
atranged by fiance.' 




PACE 9 



h Ticket? 


:if the E!t 






INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL U, 1997 

OPINION/LETTERS 


Clinton and the Truth: 
It’s Like Pulling Teeth 


By Richard Cohen 



— ...v iwiuin wuilc 

House campaign consultant, pres- 
idential associate and self-con- 
fessed silly man, does not think 
that Bill Clinton authorized pay- 
ing Webster Hubbell any hush 
money .The man he has known for 
more than 20 years would not do 
psomemmg like that, Mr. Morris 
said. He’s too much into denial 
on one hand and too much of an 
ingrate on the other.” 

, 2 hat * ®s happens, would get 
half a nod from some key people in 

the White House. They, too, talk 
about denial — about a president 
who cannot and will not focus on 
the amorphous scandals — White- 
water . campaign contributions, etc. 
— that have gone from being an 
occasional press conference ques- 
tion to an outright preoccupation. 

The issue at the moment is the 
approximately 5500,000 given to 
former Associate Attorney Gen- 
eral Webster Hubbell in the period 
between his quitting the Justice 
Department in 1994 and gome to 
jail. About $100,000 of that sum 
came from the Lrppo Group 
headed by James Riady who. that 
year, had been at the White House 
25 times. 

The payments smack of hush 
money — Mr. Hubbell, after all, 
has been a longtime friend of the 
president and a former colleague 
of Hillary Rodham Clinton, and 
some journalists have not hesi- 
tated to call them that They have 
their nerve but not, as of now. any 
evidence. 

In fact, like Mr. Morris. I would 
be surprised if there was a con- 
spiracy to keep Mr. Hubbell si- 
lent I don't know the Lippo 
..Group, but I do know some of the 
-others who supposedly arranged 
this hush money. They include 
Michael Berman. Vernon Jordan 
and Mickey Kantor — Democrat- 
ic Party personages from before 
Mr. Clinton ever set foot in town. 
He owes them more than they owe . 
him, and, anyway, they are all 
lawyers with fine memories. It’s 
not conceivable ftey would 
knowingly participate in this sort 
of conspiracy — breaking the law 
in a manner so remimscentof Wa- 
tergate that memory loss could be 
their only defense. 

Mr. Morris's point about Mr. 
Clinton should not be forgotten. 
But it’s hard to know sometimes 


where denial stops and lying — 
or. if you will, a reluctance to tell 
the whole truth . — begins. Take 
the issue of campaign financing 
— a pretty serious matter if, as 
some allege, contributions bought 
favors from the government. 

Originally, the administration 
blamed everything on the Demo- 
crane National Committee. In 
other words, the president had 
nothing — just nothing — to do 
with all that tacky fund-raising. 

It now toms out. though, that 
Mr. Clinton was virtually wearing 
a green eyeshade and doing the 
books eveiy night before going to 
bed. The mute House was turned 
into a catering hall, only instead of 
weddings and bar mitzvahs it did 
coffees and overnights in the Lin- 
coln Bedroom. Mr. Clinton has 
treated both the White House and 
truth with contempt. 

This has been the pattern with 
the president He's been slippery 
and it seems, sometimes, his first 
instinct is to lie. But criminality is 
a different matter, and when it 
comes to that the man has been 
investigated to a fare-thee-well 
and nothing — just nothing — has 
been found. Ken Starr’s inves- 
tigation alone has already con- 
sumed $283 million and A1 
D' Amato's klutzy inquisition cost 
about $2 million more. 

So it seems tome a little caution 
is in order. Travelgate has come 
and gone. The fuss about the Rose 
Law Finn billing records now 
seems to be history. Much of 
Whitewater has been looked ait by 
congressional committees and 
government agencies and no one 
has found anything incriminating 
as far as the Clintons are con- 
cerned. 

The president says his aides and 
colleagues were motivated to help 
Mr. Hubbell because they liked 
the man and initially felt sorry for 
him. It's hardly a preposterous 
explanation. 

• But ft did rake the Write House 
a long time to explain why and 
how Mr. Hubbell got all that 
money — and the delay raised 
suspicions, mine included. Once 
again, die truth — if it is indeed 
that — was a hard tooth to pull. 
The president is certainly in deni- 
al- as Mr. Morris says, and maybe 
he's an ingrate as well. He thinks 
he owes no erne anything — not 
even the truth. 

The Washington Post. 



LETTERS TO THE EDITOR 


Believing Nonsense 

Regarding "See What You Get 
When You Suppress Traditional 
Religion?" (Opinion, April 1 1 by 
David Gelemter: 

I am very surprised by Mr. Gel- 
em ter's piece. It seems to com- 
pletely miss the point about the 
Heaven's Gate cult suicide. 

I have no doubt that the people 
involved did not receive the spir- 
itual satisfaction they required 
from conventional religion. At the 
same time, the fact that these in- 
dividuals believed nonsense 
about aliens indicates that we do a 
poor job educating people to be 
skeptical of myths — and not that 
we do not sufficiently validate tra- 
ditional religion in our schools. 

- Many people find the notion 
that Noah actually built an ark that 
saved all species of animals from 
a pant flood about as rational as 
the idea that aliens are hiding be- 
hind the Hale-Bopp comet 1 also 
have no doubt that the Heaven's 
Gate members felt as fervently 
about their beliefs as some fun- 
damentalists do about theirs that 
tiie Earth is 5.000 years old. 

We must do a better job edu- 
cating people to understand that 


beliefs — including some reli- 
gious beliefs, which in Cart 
Sagan's words do not pass the 
“baloney detector" tests 
provided by modem scientific in- 
quiry — are simply not rational, 
and moreover do not correspond 
to reality . 

What the sad suicide in Cali- 
fornia teaches us is that we have to 
do a better job delineating the 
distinction between religious be- 
lief and our scientific understand- 
ing of the world, and nor to further 
weaken the boundary between the 
two. 

LAWRENCE M. KRAUSS. 

Geneva. 

Viva Baris 

My heart aches to think of 
American visitors to Paris being 
pushed around by rude Reach 
people, stepping in dog droppings 
and having to call an interpreter to 
translate the menu ( “A Paris That 
Only Americans Could Lave," 
AprilS). 

They should stay in Las Vegas 
— with its blinding neons and 
noise inside and out. with people 
in loud shirts shouting around 
gaming tables. 


I will stop here — even though 
I’m American I’m a well- 
mannered person. 

If ever one wonders why, after a 
postwar love affair, Americans 
are resented in civilized Europe, 
it’s because of people like those 
who would frequent a “Paris Las 
Vegas” — people with unruly 
children who scream and run 
around in restaurants. 

It seems money is the only im- 
portant thing. Less so is the charm 
of Paris: its narrow streets, its 
bistros — where you can sit until 
you decide to go — dusk settling 
on the gold dome of the Invalides, 
the tulips in the Tuileries. 

S.M.YOUNC-ROUSSO. 

Cannes. 

Recruitment Idea 

Regarding “ Scrubbing at the 
CIA ” (Editorial, April 3): 

Now that it is cleaning up its 
foreign agent ranks, perhaps the 
CIA could advertise in overseas 
publications for more suitable 
candidates. 

Apossible slogan: “The CIA is 
looking for a few good traitors.” 

T. DAGHISTANI. 

Madrid 


The Tiny Shrimp Causes 
Big Ecological Worries 

By Paul Spencer Sochaczewski 
and B tksham Gujja 


N EW DELHI —Feel good that 
you've switched to dolphin- 
free tuna? Now there’s another 
creature that can give consumers 
an attack of eco-gastro guilt: the 
shrimp. 

Shrimp are increasingly pro- 
duced in farms that often flourish 
at tiie expense of natural re- 
sources. Citing environmental 


MEANWHILE 

damage, India's Supreme Court 
has ordered all large commercial 
shrimp farms in five coastal states 
closed by April 30. The action was 
particularly bold since shrimp 
fanning in India is a business 
worth $500 min ion a year. 

Ecuador. India. Indonesia and 
Thailand produce 70 percent of 
the world's farmed prawns. 
Worldwide, shrimp far min g is 
worth some $9 billion a year, 
accounting for 20 percent of all 
seafood traded. 

Japan is the biggest per capita 
shrimp consumer, followed by the 
United States and Europe. Ac- 
cording to the UN’s Food and Ag- 
riculture Organization, per capita 
shrimp consumption in the United 
States tripled between 1983 and 
1993. If it reaches Japan's levels, 
some scientists predict, virtually 
all the world's tropical coastlines 
will vanish as shrimp farms are 
built to meet demand. 

In urging India’s Supreme 
Court to take action against large- 
scale shrimp farming, conserva- 
tionists cited abuses that included 
wetlands destruction, pollution of 
coastal waters, degradation of 
coastal fisheries and peremptory 
land acquisition. Scientific stud- 
ies found that the cost of repairing 
environmental degradation from 
the fanning would be greater titan 
earnings from shrimp exports. 

Shrimp aquaculture requires 
large quantities of water. To raise 
one metric ton of shrimp takes 
between 50 million and fin milli on 
liters of water, about half of it 
freshwater. This is a serious drain 
in many regions where freshwater 
is scarce. 

F«rh kilogram of s hrimp pro- 
duced generates about 15,000 liters 
of effluent, with residues of toxic 
chemicals. This chemical stew is 
released tmirratwri into the ground- 
water, contaminating the drink- 


ing water of local coronunnties. 

Increasingly, shrimp fanning is 
run by multinational companies. 
They have little interest in provid- 
ing jobs for local communities 
and threaten to go elsewhere if 
regulations become too strict In 
Tnrlia, shrimp fanning has been 
supported by the World Bank, the 
FAO and the Asian Development 
Rank as a of generating 
foreign exchange. 

Most First world consumers 
are aware of the infamous ‘'ham- 
burger connection,” in which 
Central American rain forests 
were destroyed to provide pasture 
for cattle that wound up in 
European and American fast-food 
burgers. Such ranching was short- 

Scientists worry that 
the world’s tropical 
coastlines will 
vanish as shrimp 
farms are built to 
meet demand. 


lived, since the poor land became 
exhausted in several years, ne- 
cessitating the cutting of more and 
more tropical rain forest. 

Similarly, shrimp farming — as 
now practiced by large commercial 
firms — is unsustainable. Some 
200,000 hectares of coastal lands 
have been abandoned worldwide 
in recent years after producing 
shrimp for just four or five years. 
Such areas may take between 15 
and 20 years to regenerate. 

Does this mean consumers 
should avoid shrimp? Not neces- 
sarily. Ecologically and socially 
sustainable shrimp farming exists 
in many countries. 

Consumers can insist dial the 
shrimp they buy have either been 
produced in sustainable farms or 
caught in the wild. But they may 
have to pay a premium for such 
kindness to the Earth. 


Mr. Sochaczewski is a journa- 
list specializing in environmental 
issues. Mr. Gujja is head of the 
freshwater policy unit at WWF In- 
ternational in Switzerland. They 
contributed this comment to the 
International Herald Tribune. 


A M s T ER D AM 


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INTERNATIONAL HERALD TRIBUNE 
FRIDAY, APRIL 11, 1997 



DINING 


The Truth 
About Simple 
Bistro Fare 


By Patricia Wells 

fnrtrnationjl Herald Tribune 

P ARIS — Marie-Jose Cervont has 
just left her accountant's office, 
and she's ready to celebrate. 
“Business is great!” she glows, 
aware that she's in that rare minority of 
French restaurateurs who speak well of their 
current situation. Ever since this bubbling, 
outgoing Corsican native took over the di- 
rection of the legendary bistro Chez la 
Vieille in 1994, 'she and her staff have 
played to a contented full house. 

Like most secrets for success, there is no 
secret. Following in the footsteps of the 
former owner, Adrienne Bias in, Cervoni has 
built her reputation on simple, elemental, old- 
fashioned Parisian bistro fare, and plenty of it 
“If you don’t attack your work with a pas- 
sion. it's not worth doing.” she said, calling 
her style of cooking cuisine “verite.” 

While she maintains the now nutritionally 
incorrect dishes that made the restaurant fa- 



NksIk Amn/IKT 


mous — sauteed calf s liver with shallots and 
whole roasted veal kidneys — she also adds 
her own native touch from time to time, 
featuring recipes learned at the elbow of her 
Corsican grandmother. Until April 15 her 
"Quinzaine Corse” includes a rare Parisian 
opportunity to dig into planers of delicious 
Corsican charcuterie (fragrant pork sausages, 
sweet dark ham), an unforgettable cannelloni 
stuffed with fresh herbs and the rich fresh 
sheep's milk cheese brocciu: beautifully 
seasoned lamb terrtne and fat slices of herb- 
rich head cheese. And dial's just for starters. 

Main courses include roasted abbacchio . 
or leg of baby lamb enlivened by a last- 
minute sprinkling of garlic, flat parsley and 
bread crumbs: a lovely saute of veal, em- 
bellished with a meaty tomato sauce, and a 
fragrant planer of giant white “Soissons” 
beans with giant lamb meatballs. There is 
nothing tricky about any of her food; it's all 
solid, welcoming grandmotherly fare that's 
cooked long and slow and takes well to 
reheating. 

The dining room — last decorated with 
minimal effort in the 1950s — is small but 
familial. 

WHAT'S ON FOR SPRINO? Now that 

spring is here, she’s likely to exchange the 
pot-au-feu for a simple Havana if agneau 
(lamb stew with young vegetables), an al- 
ways appreciated roast chicken, or a Biasin 
“plat fetiche." a 
of duck. 

Like die rest of the meal, desserts go on 
and on until you shout “enough.” Her rich 
chocolate mousse is legendary, and on the 
Corsican menu best bets are the smooth 
regional cheesecake known as fiadone. and a 
soothing flan made with rich chestnut flour. 

The best-buy wines on the brief lisr in- 
clude Bernard Grippa’s white Saint Peray 
and red Saint Joseph, both 1 994 and priced at 
180 francs (about S3 1 ). and Andre Romero’s 
rich red Rhone. Rasteau Domaine de la 
Soumade (tire 1994 is priced at 150 francs). 

Chez la Vieille, 37 Rue de I'Arbre Sec. 
Paris 1 : tel: 01-42-60- 15 -78: fax: 01-42-33- 
8 5-71. Credit card: Visa. Mastercard. 
American Express, Eurocard. Open for 
lunch only Monday through Friday, dinner 
on Thursday. Other evenings by rese n ation 
only, minimum of 10. 150-franc menu, in- 
cluding service but not wine. A la carte 
Corsican menu to April 15. 230 to 330 
fi-uncs. including service bia not wine. 


a perfectly pan-fried breast 


Tasmania’s Abundant 




— Trout 


By Malabar Homblower 


V.: 



OBART, Tasmania — My husband. 
Bill Brewster, and I were planning a 
trip to western Australia last April 
when he suggested that we stop off in 
Tasmania to check out the trout fishing. I was not 
enthralled until he assured me that it was near the 
end of the fishing season. To my great surprise. I 
thoroughly enjoyed myself in die beautiful wilds 
of Tasmania, where we found several lovely fish- 
ing spots and creature comforts close at hand. 

Tasmania is that chevron-shaped island. 190 
miles wide, snuggling under Australia's south- 
ern coast. Often considered the most beautiful of 
the Australian stales, it turned out to be a pristine 
land with bracingly fresh air. unsullied sandy 
beaches, mountain peaks, forests, rolling moors 
and pastureland dotted with sheep. And its more 
than 3.000 lakes and innumerable rivers and 
streams are packed with wild (as opposed to 
stocked) brown trout. 

Tasmanian trout waters are ideal for fly fishing. 
Most of the streams are relatively small and slow- 
flowing, while the lakes are generally shallow and 
can be covered by wading or casting from shore. 

While the Tassies. as Tasmanians call them- 
selves. are rabid fishermen, relatively few for- 
eigners have ventured here, although that is 
changing as Americans and Japanese as well as 
Australians from other states are attracted by the 
size and abundance of trout. Experienced 
anglers are also intrigued by the Tasmanian 
technique of fishing for "tailing” trout, that is. 
fish that feed in the extreme shallows of lakes, 
their presence heralded by dorsal fins and tails, 
similar to the behavior of saltwater bonefish. 

This type of fishing takes extraordinary pa- 
tience. determination and casting skill — so 
much so that frustrated anglers, with grudging 
admiration, refer to Tasmanian brown trout as 
the “thinking trout.” Their instinct for survival, 
strength and cunning make them formidable 
adversaries. 

The best trout fishing is in the Central High- 
lands, with 40 major lakes and countless creeks 
and rivers. The Highlands are about 90 minutes 
from Tasmania's major cities. Hobart and 
Launceston, where there are distinctive lodges, 
so-called colonial accommodations (similar to 
our bed and breakfasts) and hotels. 

On-Siti Discoveries 

Because nearly all lakes and rivers containing 
trout are public, and the cost of a fishing license is 
minimal, we decided to stay close to civilization 
and speed to our fishing destinations at die crack 
of dawn each morning. The drive to and from, 
however, took a large chunk of time and energy, 
in spite of the well-surfaced but narrow two-lane 
roads winding through the varied terrain. 

Consequently we were happy to discover two 
on-site fishing lodges. We spent three nights at the 
luxurious London Lakes Lodge, and two nights a 
few miles away ai a snug, do-it-yourself cabin in 
the Lakeside Sl Clair Visitor Center complex. 

The approach to London Lakes Lodge is re- 
markably inauspicious, without a hint of the 
serenity and comfort that lie ahead. The hand- 
some fieldstone and log building is camouflaged 
against a forest of gum or eucalyptus trees. 

Only the presence of several cars, reinforced 
by the warm welcome of our host. Jason Garrett, 
reassured us that we had finally found our des- 



Nny CUm/BIwk Sat for The Yoik Tkw 

Jason Garrett giving fishing lessons on Lake Sam. one of two at the London Lakes ' 
Lodge: animals and bird found on the lodge grounds include the wallaby at right. 


tination. A cup of strong tea, a lemon muffin hot 
from the oven and an invitation from Garrett to 
sit down for an introductory chat on the broad 
deck overlooking the lake set the tone for our 
three-day stay. 

The resortjie told us, caters to fishermen of all 
levels of experience, and offers training in sight- 
fishing (where you can see the fish in the water) 
as well as rising, cruising and tailing wild brown 
trout. Bill cast in both of Jason's two lakes, as 
well as a public lake two miles away. In all, he 
landed and released three fish weighing from 
one and a half to three pounds each. 

London Lakes is the creation of Jason and his 
wife. Barbara, who bought 5,000 acres in 1972. 
built two private lakes and stocked them with 
brown trour in 1977 and one of them with 
rainbow trout in 1992. 

For those like myself, who feel a little fishing 
goes a long way, the Garretts offer comfortable 
quarters with private baths, a library with deep 
chairs and a bushlike habitat that attracts many 
marsupials and 80 or more varieties of birds. 
While Bill fished with Jason as his guide, I read, 
sat out on the deck or wandered through the 
woods. 

London Lakes’ food and die Tasmanian wines 
served are excellent. A creamy pumpkin soup. 


followed by delicate smoked quail, a loin of roast 
pork and a heated brandy pudding was one out- 
standing meaL With it, Jason served a superb pinot 
"noir from the Hawley vineyard in (he north. 

About 30 miles northwest of London Lakes. 
Lakeside Sl Clair, on Lake St Clair, is con- 
siderably less luxurious in terms of accommo- 
dations, fishing and guest coddling. While Lon-, 
don Lakes offers every amenity and is private and 
remote. Lakeside Sl Clair is a pair of the Cradle 
Mountain-Lake Sl Clair National Park, possibly 
the best known and most popular of Tasmania's 
wilderness reserves. Every year the park attracts 
200.000 visitors who hike, backpack to remote 
alpine lakes, climb mountains and fish — most 
disappearing into its 620 square miles. 




NLIKE Tasmania's generally shallow 
lakes, 1 1 -mile-long Lake Sl Clair at the 
southern end of the park was excavated 
by glaciers and. at 600 feet, is the deepest natural 
lake in Australia. As a consequence, fishing here 
calls for trolling or spinning from a boat. Al- 
though there is heavy tree growth on the banks, 
fly fishing can be done in its few shallow bays or 
any of the other lakes in the vicinity. For those 
who prefer rivers, there are enough dose by to 



keej^e very one happy. 


Lunch at London Lakes Lodge, which was built in 1 984. 


Njdcj CoteWBUdt Star for Tbr Ne» YorfcTtaoa 


: trout are abundant and die challenge of a 
day on the water is grand, particularly if the 
object is to land large fish. Bill and I went out 
with a guide in a fair-sized motorboat and nosed 
around the edges of the lake casting from the 
boat. But even m two days’ fishing, neither of us 
caught anything; the lake is not really conducive 
to fly casting. 

To accommodate the increasing number of 
visitors, Lakeside St. Clair has inaugurated a 
large resort complex under the management of 
Richard and Anne Dax. The focus is the Visitor 
Center, which houses an ecologically oriented 
museum, a brasserie restaurant with erratic food, 
a gift shop and a fishing office where licenses as 
well as guides may be arranged. 

In. addition, (he park offers overnights in six 
alpine lodges, each with living room, bath, kit- 
chenette (mcagerly stocked with a Continental 
breakfast) and, upstairs, two bedrooms. For heat 
— and Tasmanian nights can be chilly even in 
summer — each cottage has the most efficient 
wood stove I have ever encountered. It not only 
swiftly renders the downstairs cozy bux also 
turns the upstairs into a sauna. About 10 more 
lodges are planned. 

Although we enjoyed our two days at 
Lakeside, we visited another lodge. Angler’s 
Retreat, and were sorry we didn't have the 
opportunity to stay there. But it was the. end of 
the season, and the owners, Ken and Marea Orr, 
were closing. The lodge, which is their home, is 
down a labyrinth of winding dirt roads, south and 
west of London Lakes, past a handful of lakes 
each more alluring than the lasL 

On Lake Brady, the rambling retreat offers 
comfort without frills, and Ken and Marea were 



rn 


very down-to-earth about what they had to offer 
fishing with long hours of casting. Marea, from 
her old-fashioned kitchen, does the cooking. 
(The poppy-seed loaf she served us with tea was 
dense and pungent, entirely delicious.) 

The lodge accommodates 10 anglers. . 

Since all water that holds brown trout — 
streams, rivers and lakes — is public (wife the 
exception of Lakes Stun and Big Jim at London 
Lakes), fee- Ons* Australian, American and. Ja- 
panese visitors have a large choice. 

smart trout Hie fishing is bard, Ken reminds 
you without apology; the trout are smart. He said 
that guests land an average of two fish a day 
weighing between ane-and-a-half and six 




Sjjci 

?«£•/. . 


pounds. The bag limit throughout Tas mania is 12% 
a day. ” ’ "* 

If we go fishing in Tasmania, again. I'd like to 
stay at this lodge. And although the schedule for 
guests (in peak season, departure at 8:30 AM. 
with a picnic lunch and bark for dinner at 7:30 
PM.) seemed somewhat arduous to me, my 
husband thought it sounded perfeo. 


Malabar Homblower, a food and travel 
writer, wrote this for The New York limes. 


.r"±t . p 
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MOVIE GUIDE 


Double Team 

Directed by Tsui Hark. U.S. 

With “The Saint” opening recently, I 
must have formula on the brain. So I 
couldn’t help watching “Double 
Team” with algebraic fascination. 
What did this action movie, starring 
Jean-Claude Van Damme, Mickey 
Rourke and Dennis Rodman, add up to 

— especially with the Hong Kong di- 
rector Tsui Hark in fee mix? Less than 
nothing. But then action movies operate 
proudly in the artistic minus zone. Van 
Damme is Jack Quinn, a counterter- 
rorist, who gets into hot water with a 
terrorist called Stavros (Rourke) when a 
botched raid leaves the criminal's wife 
and child dead When fee widowed 
Stavros retaliates by kidnaping Quinn's 
pregnant wife, it's time for Quinn to 
hook up wife a wacky arms merchant 
called Yazf Rodman), and rock Stavros' 
world. This movie never hurts for action 

— if action means a steady alternation 
of confrontation and detonation. Tough 
guys snarl at each other ordive out of fee 
way before some explosion reduces 
iheir biceps to gym boy tuna. Van 
Damme still talks like a Belgian choir- 
boy. But he's physically awesome, of 
course. And what can you say about 
Dennis Color-My-Worid Rodman, ex- 


cept: Dennis, just be your U.S. Milk 
Processors / Victoria's Secret / Oakley 
sunglasses self. But don’t quit your day 
job. (Desson Howe . WPt 

Famiua 

Directed by Fernando Leon. Spain. 

In modem' life, renting cars, chalets or 
just about anything else has become 
commonplace, but the plot of "Familia” 
adds a new dimension. The story tells 
how a wealthy but lonely man rents a 
troupe of Madrid actors to pose as his 
happy family for his 55th birthday. They 
show- up for a day’s work at his mansion, 
pretending to be his wife, three children, 
elderly mother, brother and sister-in- 
law. They've memorized his back- 
ground material, which he provided be- 
forehand, but they 're forced to improvise 
when he continually changes the details. 
It sounds like an engaging backdrop for a 
comedy by the scriptwriter, Fernando 
Leon. The only problem is that he also 
was fee film’s director. From the open- 
ing scene of fee “family” at breakfast, 
the action is excruciatingly slow. That 
effectively weighs down most of the 
attempts at lighthearted jokes. There is 
little discernible pacing and no verve. 
Juan Luis Galiardo, as the wealthy man. 
is solid. But the experience makes you 


wish you had stayed at home and 
watched some rental video movies in- 
stead. (Al Goodman. IHT) 

The Devil's Own 

Directed by Alan J. Pakula. U S. 

In * ‘The Devil's Own.” Brad Pitt plays 
an Irish Republican Army operative 
who flees Belfast and comes to live on 
Staten Island. He is supposed to be 
incognito, but he sure is hard to miss. 
Pitt moves through this unexpectedly 
solid thriller with dazzling confidence, 
showing off all the star power that he 
usually works overtime to hide. He 
gjves a first-rate, madly photogenic 
performance that will win him new 
respect along with fluttery fan-club ad- 
ulation. Like fee young Robert Red- 
ford, whom he resembles more than 
ever, Pitt shows fee acute awareness of 
his effect on others feat is a mark of 
stellar authority'. It's also a quality he 
shares wife Harrison Ford, who does a 
fine, terse job of playing his father 
figure, an admirably decent and sub- 
stantial blue-collar family man. In 
“The Devil’s Own,” directed by Alan 
J. Pakula in a thoughtful urban style feat 
Bealls fee vintage New York stories of 
Sidney Lumet, Pitt is fee supernova to 
Harrison Ford’s seasoned pro. It could 


be argued that these two characters ex- 
ist in separate, semi -related movies. But 
it could also be said fliflt, should fee 
viewer choose not to be an absolute 
stickler about plot coherence. "The 
Devil’s Own” delivers two traffic- 
stopping star turns for the price of one. 
Fora plays Tom O’Meara, the New 
York police sergeant with whom Pitt’s 
Rory Devaney comes to stay. When 
Tom accepts Rory as a boarder living in 
his basement, he has no idea that Roxy is 
actually a terrorist named Frankie 
McGuire. Nor does Tom realize that fee 
younger man' s idea of a commitment to 
peace in Northern Ireland means trying 
to send home a shipload of Stinger 
missiles. The film’s politics are will- 
fully hazy about violence and account- 
ability. But talk about this film and "the 
Troubles’ ’ is sure to hit closer to home. 
Publicly disparaged initially by Pitt 
(who was later apologetic), and plagued 
by rumors of insane expenses and half- 
baked screen writing. “The Devil’s 
Own” certainly tracks more smoothly 
than might have been expected. Only in 
fee latter half of this story, after getting 
it off to a brisk and involving first hour, 
does Pakula show fee strains of fee 
directorial diplomacy this project re- 
quired. (Janet Maslin, NYTl 



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Jean-Claude Van Damme and Dennis Rodman in “Double Tarn.'’ 





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INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL II, 1997 


PAGE 11 


TRAVELER 


SqteDaam 


BadN 


ews: 


r By Roger CoIJis 

jM'tiarional Hrratd Triton 



er Hotel Rates 






$ 

v.-.t 


F ^QUEm- travelers ate now 
gSBL** Wqt as business 
with Prospect 

TtoiViMShS.!? Ho ® Robson 

i ravet s iyb»6 Hotel Rates Survey, nuh- 
bsbed last month, which warns that a 

*"“‘ s will tepZd Sfces 

high throughout 1 997 and into 1998 The 

deTfKthJ -r 1 ^ Airfare In- 

t fmal ^ uanerof 19% forecasts 
■ ■ talS? f ^ S ' *?*F“4y on the North At- 
P-&2 n h ? e busiDess demand is high. 
Robmson, which reports on av- 
^rage hotel rates paid regardless of pub- 
-Iisnea rates paints a picture of spiraling 
pnc« notably i in emerging markets such 
as unn Amenca and parts of Asia. 

Ine average paid-for hotel rate rose 

S^ pe i Cen L m 1996> to £99 - 43 (about 
MOU). Bombay emerges as the world’s 

C f 1 n I? aty . 311 av orage room rate 

or 1 134 tan increase from 1995 of 30.5 
Pf£F en r 1 ^ replacing Tokyo (now in 
I5th place l where rates fell 20.7 percent 
last year — closely followed by Moscow 

i £l52 /i’, I ?? ns .r Kon I (£150 >' Sl p etcrs- 

S“J , (£14 f »• New Delhi (£143). Zurich 
„(£ 1 4 1 f and Sao Paulo (£138). New York 
^£132) and London (£97) have dropped 
7th to 10th place and from 43d to 
-58th place, respectively. 

Caroljm Moore, divisional manager - 
A -hotels at Hogg Robinson Travel in Lon- 
f *don, says, ‘‘Traditional Asian business 
-markets like Japan and Singapore are 
;sall holding their rates, but India. South 
.Korea. Pakistan and China now have 
-average rates in excess of £100. reflect- 
„ing their status as new business des- 
-tinations. Many countries in Europe, tra- 
ditionally perceived as very expensive, 
-are comparatively good value. France, 
“for example, at £101. Northern Europe, 
-Germany. Netherlands, Benelux are still 
;quite a soft market. But in virtually all 
Mother markets we see the opposite. In 
' m Britain and Scandinavia, people are still 
^staying in four-star hotels, whereas in 


southern Europe, they are Upgrading to 
five-star hotels and suites, which is in- 
creasing average room rates.” 

Airfares in Western Europe have gen- 
erally risen at a faster rale than inflation 
over the past two years, with average 
increases of U percent per quarter. But 
look for more serious price increases 
during 1997. 

Kyle Davis, head of the American 


travel agency to make shuttle reserva- 
tions and waiT for confirmation. They 
will lose the flexibility of being able to 
switch to cheaper, off-peak, flights 
which they enjoyed when they could just 
mm up and walk on. Instead, they will 
have to call up to change flights and go 
through the rigamarole of claiming a 
refund if the initial booking was made at 



the peak fare and they now want to travel 
Express Airfare Management Unit, in on an off-peak flight. 

Paris, says: ‘‘The present stability is Check-in rimes on shuttle routes will 


says: “The- present stability 
really just tbe calm before the storm. The 
strong dollar is likety to affect fares in 
two ways. Firstly, as jet fuel is traded in 
U.S. dollars, price increases will be fur- 
ther compounded for European carriers. 
Secondly, fares from Western Europe to 
the US. arc bound to increase in order to 
close the gap between those originating 
in Europe and tbe US.” 

•. .□ 

The role of technology: According to 
the OAG Business Lifestyle Survey 
1997 among 5,000 frequent travelers in 
the United States, Britain, France. Ger- 
many. Italy. Singapore, Hong Kong, Ja- 
pan and Australia: 

• 27 percent always pack a laptop 

Of whom 

• 96 percent use it in the hotel room 

• 59 percent use it in flight 

• 24 percent access the Internet for 
travel 

Of whom 

• 75 percent have accessed airline in- 
formation 

• 6 percent have made bookings via 
the Internet. 

□ 

Travelers may wander what they stand 
to gain from electronic ticketing — or 
ticketless travel — as British Airways 
scraps its 21-year-old “nun up and go” 
guarantee on all domestic shuttle services 
and at the same time replaces its popular 
Timesaver tickets ( which enabled regular 
shuttle passengers effectively to “write 
their own ticket” for a domestic flight) by 
the E-Ticloet on April 30. 

Travelers trill now have to call their 


increase from 1 0 to 20 minutes at Heath- 
row and from 10 to 15 minutes at Ed- 
inburgh. Glasgow. Manchester and Bel- 
fast. 

Electronic ticketing has been hailed as 
the “third revolution" in the history of 
cnil aviation, after the jer engine and 
deregulation. Airlines can save up to 25 
percent of distribution costs in ticket 
printing and other productivity gains. A 
paper ticket costs about SI. 50 to print 
ana another SI. 50 to process. At Amer- 
ican Airlines, tickets are handled by 14 

different people before they are finally 
filed away. 

Pundits predict that within two years, 
U.S. airlines will sell 50 to 60 percent of 
their seats without issuing a ticket. 
Southwest Airlines says dial 40 percent 
of its customers make electronic reser- 
vations. while United Airlines claims 
that more than i .5 million passengers a 
month, or 30 percent of its domestic 
traffic, use electronic ticketing. 

Lufthansa leads the way with tick- 
etless travel in Europe with its Chip- 
Card. a smart card thai acts as a boarding 
pass and ticket. Business travelers flying 
from Germany to Paris or London can 
book and check in using a credit card or 
a Miles & More frequent-flier card. The 
latest Carlson Wagonfit Business Travel 
Survey conducted by MORI, published 
in February, shows that airlines have a 
long way ro go in communicating the 
advantages and disadvantages of tick- 
etless travel: 74 percent of business trav- 
elers. corporate buyers and travel book- 
ers said they are "not at all familiar” 
with ticketless travel and only 14 percent 
had experience of it. 


ARTS AGENDA 


AUSTRIA 


Vienna 

Judisches Museum, tel: (1) 535- 
0431, closed Saturdays. To May 4: 
"Neuland: Israeli Artists of. Austri- 
an Origin.” In the 1 920s and ’30s. 
many Austrian artists and writers 
emigrated to Palestine. While they 
were forced to embrace a craft or 
farming to survive, their artistic 
work focused on the loss of tfie/r' 
homeland and on the challenges 
offered by their new country. The 
exhibition presents manuscripts, 
books, paintings, sculptures and 
personal memorabilia. 


tlLOfUM 



>8 :. - 


vr, tv.- 


Brussels 

Musee d’Art Ancten, tel: (2) 508- 
3211. closed Mondays. Continu- 
ing/ To July 27: “Paul Delvaux, 
1897-1994." More than 200 pahit- 
ings and works on paper t»y the 
Belgian painter. Includes the best 
known paintings 0! nude women 
wandering through ancient towns 
'and empty railway stations. 


Delvaux's “Cariatides" are part of the Brussels show. 


BRITAIN 


sS L ondon 

^'Hayward Gallery, tel: (171) 261- 
01 27. open daily. To May 1 8: “Ma- 
larial Culture: The Object in British 
'Art of the 1980s and '90s." The 
works in the exhibition use objects 
from many origins and take many 
-forms: The objects were collected, 
clustered, invented or constructed 
by artists such as Tony Cragg. An- 
tony Gormley, Anlsh Kapoor. Ju- 
lian Opte and Richard Wright, 
among others. 


FRANCE 


was displayed at the louvre at the 
turn of the century as an excep- 
tional Scythlan-Graek artifact dat- 
ing back to the 3rd century B.C., 
until the craftsman admitted ft was 
a taka In front of a parliamentary 
commission. 

■ I TAX Y 

Genoa 

Palazzo DUcate, tel: (010) 562- 
440, closed Mondays. To July 13: 
“Wan Dyck a Genova: Grande Pit- 
tura e Coiiezionismo." 40 paintings 
by the Flemish painter (1599- 
1641) together with works by 
Rubens, Caravaggio, Titian and 
Sfrazzi. 

a jadan- z zz: 

Tokyo 

New Otanl Museum, tel: (03) 
3221-4111. dosed Mondays. To 
April 20: “Paul Kies: Children’s 


Comer." Fifty works created by the 
Swiss painter (1879-1940) during 
his childhood, as well as some 
works from the later years. The 
show includes several of the dolls 
which Klee created for his son 
around 1920. . 

■ H_.THr.Ljrj pH 
The Hague 

Hat Palms, tel: (70) 338-1111, 
closed Mondays. Continuing/To 
May 9: "The Golden Age of Danish 
Art.” Works on loan from Danish 
museums, including neoclassical 
sculptures by Thorwaldsen {1770- 
1844), paintings by Eckersberg 
(1783-1853) and Romantic land- 
scapes and group portraits. 


New York 

Brooklyn Museum, tel: (718) 638- 
5000. dosed Mondays and Tues- 


days. To June 22: “From Pockets 
to Pouches: Three Centuries of 
Handbags." 40 items dating back 
to the 17th century that are an 
hymn to women’s work — beading, 
embroidery, sequins, needlepoint 
and lace. 

Metropolitan Museum of Art, tel: 
(212) 570-3791, dosed Mondays. 
To Aug. 3: “Cartier 1900-1939." 
Traces the evolution of styles — 
from the opulence of the turn of the 
century through the innovative 
geometries and exotici sms of the 
1920s and ’30s — since the cre- 
ation of die Matson Cartier in 1 847. 
Features jewelry, watches and 
docks, beauty and cigarette cases 
and other accessories. 

Washmoton 

National Gallery of Art, tel: (202) 
737-4215. open daily. Continu- 
ing/ To July 27: “Picasso: The 
Early Years. 1892-1906." More 
than 1 50 paintings, drawings, pas- 
tels. prints and sculptures created 
between the age of 11 and 25. 

CI.OSIIIO SOOM 

April 1 3: “Paul Klee: Reisen in den 
Sudan" Gustav Lubcke Mu- 
seum, Lubeck. 

April 13: "Richard Lindner Paint- 
ings and Watercolors, 1948- 
1977.” Hsus der Kunst, Munieft. 
April 13: “Lucian Freud: Early 
Works.” Scottish National Gal- 
lery of Modem Art, Edinburgh. 
April 13: “Peter the Great and Hol- 
land." Amsterdams HIstorlsch 
Museum, Amsterdam. 

April 15: “L'Archrtecture el le 
Design des Annees X en France et 
an Europe." Musee National des 
Monuments Francais, Paris. 


Giverny 

-Musee d'Art Americain, tel: 02- 
*32-51-94-65, dosed Mondays. To 
Oct 31 : "Un Regard Americain sur 
Pans.” More than 30 works by 
-American artists who came to Par- 
is to study at the end of the 19th 
‘century. Features works by Mary 
Cassatt, James McNeil! Whistler,. 

• Chifde Hassam end Maurice P ran- 
jsdergasL ' 

• Grand Palais, tel: 01-44-13-17- 
17. closed Tuesdays. Continuing/ 
To July 14: "Paris/Bruxelles - 

’BruxeJte&'Paris” The conlrorrta- 
•tion between Belgian and French 
art in the second part of the 19th 

. Etiisee du Louvre, tel: 01-40-20- 

51-51 . dosed Tuesdays. To May 5: 
An exhibition of 678 works seized 
by Nazi occupation forces and re- 
sumed to France after World War if. 
Similar exhibitions are organized 
at the Pompidou Center (38 works. 
-70 April 21. dosed Tuesdays) and 
the Musee tfOrsay (71 pjnttnfl*. 

, 54 drawings and five sculptures, to 

. May 4, dosed Mondays), in a 
French government attempt at 
‘ finding the original owners. 

' Musee du Luxembourg, tel. 01- 
fX 42-34-25-94. dosed Mondays. To 
V Jung 29: "Itatie: 

•• M usees de la Region CwwJM 
' Italian paintings and sculpkireS' 
’She14«htortte.iamoente^ 

from French provincial museums. 


'•mTmamy. 





SSSorurn 

:££■&£*■■ "WHS 

• Rauschenberg's sews 

logical works created adeems 
ll^Os. In these works. ihe prss- 

* directly influence the appea 
; of the art work. 



•sSSSSfes 


FLY BIMfIN S 
KEY CITIES 
NETWORK 



Biman Bangladesh Airlines offers convenient connections 
to 26 major cities worldwide - from North America 

* ft 

to South Asia, from the Far East to the Middle 
East, from Europe to the Himalayas. Right on 
top of the world - at down to earth prices. 




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BANGLADESH AIRLINES 

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TRAVEL DEALS 



.AIRLINES 

AIR CANADA/AVIS ! 

United States 

‘ Aeroplan members earn triple miles on Hertz car rentals of at least seven 
days. Until April 30. 

AIR CHINA 

Londcn 
to Hang Kong 

; Round-trip economy fare of £499 ($815). Certain conditions apply. Until 
: June 30. China Travel Service, tel: (44-171 ) 836-997 1 . 

AIR NEW ZEALAND 

Hong Kong 
to Auckland.' 
Christchurch 

Buy a round-trip full-fare business-dass ticket (26,570 Hong Kong doflare, 

! or S3, 430) and claim a free round-trip economy ticket For travel starting 
■ before May 31 . Return ticket is valid for 1 2 months. The free economy ticket 
is transferable with 30-day validity. Travel must start before Nov. 30. 

ICELANDAIR 

Britain 

to United States 

Two-for-one in business class or economy on all flights from Glasgow or 
London (via Reykjavik) to New York. Boston or Washington. Example: 
economy round-trip London-New York for two costs £458 ($748) midweek 
, or £488 weekends. Until June 14. 

JAPAN AIRLINES 

London 
to Auckland 

Round-trip economy fares cost £595 for Sunday departures from Heathrow 
(via Tokyo) to Auckland. Return flights via Tokyo or Osaka require an 
: overnight stay with hotel paid for by JAL. For outbound travel from April 1 3 
! to July 1 3. Return before Dec. 1 3. except between July 1 1 and Aug. 31 . 

QANTAS 

Britain to Australia 

New business-class excursion fares from London to Sydney, Melbourne, 

. Adelaide, Brisbane or Cairns (via Frankfurt or Rome) from £2,649 ($4,330) 
include a free stop in Asia on the round-trip and one domestic flight between 
major Australian cities. Outbound travel Sunday through Thursday only. 
Minimum stay 14 days. Until Dec. 31. 

SWISSAIR 

London to Dubai 

Round-trip fare from London Heathrow, London City, Manchester, Birm- 
ingham or Edinburgh (via Zurich) costs £283 (S462). Minimum stay of seven 
: days; maximum stay one month. For departure before April 30. Tralifinders, 

; tel: (44-171) 938-3939. 


*• 

HOTELS 1/ 

THE DUSITTHAN1 

Bangkok 

■ “Landmark Super Value” two-night package for 4,999 baht (SI 93) per night 
includes ‘’deluxe" one-bedroom suits, one-way ftmo transfer, breakfast, cock- 
1 tails and canapes, and use of fitness center. Until Sept 30. 

PENINSULA HOTELS 

. f 

AsraAJniteci States 

| Summer packages include room upgrade, American breakfast late checkout 
! until 6 P.M. and 20 percent discounts on suites. Examples of prices per room 
• per night Peninsula Hong Kong. 2,850 Hong Kong dollars (S368); OuaB 
. Lodge Resort & Golf Club, Carmel, California, SI 95; Palace Hotel, Beipng, 

: $168. June 15 to Sepl 15. 

RENAISSANCE 

HOTEL - 

Leipzig 

Weekend package during Paul Klee axhbition (May 8 to Jidy 13) for 248 
Deutsche marks ($145) per person for two nights in a double room includes 
buffet breakfast, dty tour, a three-course dinner, tickets for the Klee exhibition. 

SHANGRI-LA 

Singapore 

| "The Garden Experience” for 229 Singapore dollars (S159) a night includes 
buffet breakfast and pressing of two suits. Until April 30. 


> ■ ..PACK AO'S 8 v . . % 

Singapore i Business Package for 3.768 Singapore dollars (S2.555) indudes round-trip 

to Auckland 1 business-class ticket, two nights at the Auckland Sheraton with breakfast, 

• butler service, evening cocktails. Until Aug. 31 . 


AIR NEW ZEALAND/ 
SHERATON 


MAJESTIC 
INTERNATIONAL 
HOTELS/P AdFlC 
AIRLINES 


Vietnam •: “Destination Da Nang" packages for 4,090 Hong Kong dollars (S528) for three 
! nights and 4,490 dollars for four nights include round-trip ferry from Hong Kong 
. | to Macau; round-trip economy tickets from Macau to Da Nang (via Ho Chi 
> Minh City); one night twin share at Equatorial Hotel, Ho Chi Minh City; two or 
three nights' twin accommodation at Furama Resort, Da Nang; airport 
I transfers; American breakfasts. April 28 to Dec. 31 . 


Atthougn trie IHT carelUly ctiBcfcs inese oflecs. pioasa be forewarned tna som# nave! agents may be unaware a! Them, or unaBtoio book them. 


HOLIDAYS AND TRAVEL 


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Lebanon 


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Holiday Rentals 


Italy 


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INTERNATIONAL 


Does Mobutu Understand It’s Over? 

His Sole Choice Seems to Be the Manner of His Departure 


By Howard W. French 

New York Times Service 

KINSHASA, Zaire — By the time 
Mobutu Sese Seko named a general to 
rule Zaire under a state of emergency, 
people here seemed to have lost count of 
the aged dictator’s proliferating gov- 
ernments. 

After all, the new prime minister, 
General Likulia Bolongo, the most re- 

Marshal Mobutu's declining hold^on 
power in this decade, was Zaire's third 
head of government in less than a 
week. 

What is worse, for Marshal Mobutu, 
who has ruled for 31 years — which, 
excluding monarchs, is longer than any 
sitting head of stale other than Fidel 
Castro of Cuba — few here now seem to 
accord a man who was once all-powerful 
the discretion to do much more than to 
deride in the coming days how be would 
like his rule to end. 

From around the world, statements 
declaring the long Mobutu era over have 
been multiplying with startling speed in 
the last 24 hours, unleashed it seems by a 
declaration Wednesday by the White 


House press secretary that “Mobutu ism 
is about to become a creature of his- 
tory.” 

As if upping the ante, Zaire’s former 
colonial power, Belgium, declared 
Thursday that the Mobutu era had 
already been over for some time. And 

NEWS ANALYSIS 

even in France, Mr. Mobutu's most de- 
voted supporter in recent years. Prime 
Minister Alain Juppe was quoted 
Thursday as calling Marshal Mobutu a 
“tired dictator.'* 

All of this rhetoric, belated disavow- 
als from countries dial had long sup- 
ported Marshal Mobutu’s rule, pales, 
however, in comparison with the situ- 
ation the government faces on the 
ground. 

Fresh from his capture of Zaire's 
second-largest city, Lnbumbashi, the 
rebel leader Laurent Kabila, who has 
stripped half of the country and the vast 
majority of its wealth from government 
control, delivered an ultimatum Wed- 
nesday that has every ring of seriousness 
about it: Surrender power within three 
days, or else. 


ANGOLA: Lingering Conflicts Mar Peace 


Continued from Page 1 

Mr. Savimbi to President dos Santos. 

Mr. Savimbi *s suspicions illustrate 
the enmity that still exists between some 
elements of UNITA and the MPLA. The 
most ominous turn of events is the shift 
of the Angolan hostilities onto Zairian 
soil, diplomats say. 

From rear bases just inside the Zairian 
border that they have maintained for 
several years, UNITA guerrillas are be- 
lieved to be fighting on the side of Pres- 
ident Mobutu Sese Seko, whose 31- 
year-old regime is being shaken by 
rebels in eastern Zaire, diplomats say. 

During die Angolan war. Marshal 
Mobutu supported UNITA and allowed 
the United States to fury weapons 
through Zaire to Mr. Savimbi. Despite 
their mounting troubles at home, Zairian 
officials were still supplying UNITA 
early this year, diplomats say. 

Mr. dos Santos, bitter over Marshal 
Mobutu's support and hoping to cut off 
UNTTA's remaining lifeline, has dis- 
patched his armed forces to advise the 
Zairian rebels, diplomats say. 

Some of the diplomats said they 
feared that UNITA and MPLA involve- 
ment in the Zairian war could spark 
anew die conflict in Angola. But an 
official close to Angola's peace process 
said that is unlikely because, by and 
large, UNITA is in a far weaker military 


position than in previous years. 

Most of Mr. Savimbi’ s troops are be- 
lieved to have gathered in demobilization 
camps from which many will be inte- 
grated into the Angolan Army under the 
Lusaka accord. About 63,000 guerrillas 
turned themselves in at demobilization 
camps over the past several months, said 
Mr. Tadeo, the UNITA official, but 

25.000 of them have deserted. 

Although that number sounds om- 
inous for peace, the deserters were most 
likely militiam en or civilians whom 
UNITA pressed to enter the centers to 
meet the numerical requirements for 
troop demobilization, said an official 
close to die peace process. But about 

4.000 rebels from units historically close 
to Mr. Savimbi are unaccounted for. 

The United Nations hopes to observe 
the transition process carefully, creating 
a new mission to oversee the political 
and administrative amalgamation of die 
two parties, and to track performance on 
human rights issues. 

Those are flaunting tasks, considering 
that there are vast sections of Angola that 
since independence have known no au- 
thority other than UNITA. The new gov- 
ernment, said a person close to the tran- 
sition process, “will be moving into 
areas of die country that have not been 
under government control effectively 
since 1975, except for a brief period in 
1991 and 1992.” 




And if that were not enough, die prime 
minister that Marshal Mobutu fired 
Wednesday amid a violent army crack- 
down on civilian opponents, Etienne 
Tshisekedi, declared Thursday that Mar- 
shal Mobutu's latest government was 
illegal, as was bis state of emergency. 

Mr. Tshisekedi also threatened to be- 
gin a campaign of civil disobedience and 
prosecute the president for treason. 

For Marshal Mobutu, 66, as for so 
many late-20th century dictators on the 
skids, the choices that lie ahead are all 
agonizing, but nonetheless, ones that can 
make a huge difference to the future of 
his country and help decide what little of 
his already tattered reputation he can 
carry into history. 

When Western ambassadors met with 
the new prime minister Thursday to 
complain that General Likulia’s gov- 
ernment represents little more than a 
desperate and illegal military coup 
d'etat, the self-justifying response that 
reportedly came back was that Mr. Kab- 
ila’s invasion from neighboring Rwanda 
was itself illegal. 

Marshal Mobutu is said to be the 
prisoner of his immense pride and a self- 
serving entourage that is eager to hold 
onto to whatever residual power there is 
in Kinshasa to the bitter end. 

When French emissaries suggested 
that Marshal Mobutu relinquish power 
late last month, people in the presidential 
entourage say mat their leader was so 
shocked that he appeared to have 
suffered a heart attack. 

■ For people in these circles, composed 
of Marshal Mobutu's northern ethnic 
kinsmen and other financial beneficiar- 
ies of his decades of corrupt rule, the 
cause is never lost, no matter bow des- 
perate it seems. 

General Likulia, arespected academic 
and stem law-and-order man himself, "OTTCCT A . n /■ A • j. 17 /"»■ > 

ruled out Marshal Mobutu's departure Al.Ui3C7.I-A.S JtCetOrmerS Aim ttt MhneTgY LrlCffltS 
“until after elections,” and, in an in- ° °* / 

Continued from Page 1 


Thf.WnrWd (W 


Deputy Prime Minister Chubais at a Moscow cabinet meeting Thursday. 


terview published here Thursday, com- 
pared die government’s battlefield po- 
sition to that of an ultimately victorious 
Soviet Array in die face of Hitler's 
winter assault. 

Realistically, the most Marshal 
Mobutu could hope to negotiate for, 
diplomats say, is to remain in the coun- 
try, retired at his palatial home in foe 
northern town of Gbadolite; allowed to 
die in his country and given assurances 
that his family will not be harmed. 

Mr. Kabila, sensing his imminent vic- 
tory, has made an offer along these lines 
to Marshal Mobutu. 

The worst risk, by virtually all ac- 
counts, is dial Mr. Mobutu and his most 
committed followers delude themselves 
into thinking rhar somehow they can 
prevail, or alternately, that since they 
must lose, the country should itself go 
down in flames. 


agency. “Restructuring is like breath- 
ing. We need it like air. Monsters like 
that can set any price. They inflate then- 
prices. That is why energy prices are 
very high, everywhere. 

“This new campaign has very few 
chances of success for political rea- 
sons,” she added. “But economically, it 
is not difficult to do.” 

Unified Energy Systems is the dom- 
inant power company in Russia, with 
control over 70 percent of electricity 
generation and 100 percent of trans- 
mission, according to Brunswick 
Brokerage, his owned 51 percent by the 
state. In recent days, Mr. Nemtsov has 
been pressing the government to take 
firmer control. He has criticized the 
company for inefficiency, for setting 
rates too high, and for failing to pay its 


BOLSHOI: With a Lift From Yeltsin, Who Fired Director, Theater Gets Back on Its Feet 


Continued from Page 1 

“Spartacus” with foe grace and 
certainly of a swan. 

“Yes,” shrieks her teacher in 
genuine delight “Now that is 
worthy of the Bolshoi That is 
how you will show them our 
greatness.” 

Just two years ago, nobody 
would have dared say a word 
about the greatness of Russia’s 
most famous and influential 
cultural institution. The theater, 
ravaged by artistic, economic 
and spiritual depression, was 
considered to be in rapid de- 
cline. 

Its immensely powerful long- 
time director. Yuri Grigorovich, 
was compared even by his ad- 
mirers to Stalin. Salaries had 
become so pathetic that many of 
the most promising young dan- 
cers and musicians were leav- 
ing. The repertory — at the bal- 
let and opera — consisted of 
classics and Grigorovich ballets 
with only a few new produc- 
tions of works by Balanchine, 
Bourn on ville and others. 

“The theater was in a terrible 
crisis,” Anatoli Agamirov, a 
leading dance and music critic, 
said. “The peril was genuine. It 
had become like a giant 
coalfield that had exhausted it- 
self. There was nothing left to 
mine there — nothing but bit- 
terness." 


Mr. Grigorovicfa’s famous 
maxim that “theater is a mu- 
seum” had essentially turned 
foe Bolshoi into just that: a 
place to view foe past An even- 
ing spent there was the artistic 
equivalent of forcing down foe 
most leaden of Russian meals. 

The situation finally got so 
bleak that President Boris 
Yeltsin of Russia decided to in- 
tercede. 

In a stroke that itself seemed 
worthy of the melodramatic tra- 
dition of classical Russian per- 
formance, Mr. Grigorovich was 
fired early in 1995 and replaced 
by a former prot£g£ — and cur- 
rent archenemy — Vladimir 
Vasiliev. 

Mr. Vasiliev, 56, one of foe 
era's greatest dancers, imme- 
diately hired another enemy of 
Mr. Grigorovich's, Viacheslav 
Gordeyev, as artistic director. 

While reforming foe lumber- 
ing, often hidebound Bolshoi — 
with its 2,500 employees and 
more than 1,000 performers — 
has been compared to saving the 
dying Russian Army or reviving 
foe country's atrophied indus- 
trial base, change has been evid- 
ent everywhere. 

“I don't want to say anything 
bad about the past leadership of 
this company,” said Ms. Ant- 
onicheva, 23, generally re- 
garded as one of foe Bolshoi's 
most talented young stars. ‘ ‘But 


there is a new feeling here now 
that is exciting. It is a freedom 
— but not so much freedom that 
we have forgotten who we 
are.” 

It has not been an easy tran- 
sition, however, and it is not yet 
over. Mr. Vasiliev’s task — to 
move foe enormous artistic en- 
terprise forward without jettis- 
oning its essential past — would 
be a difficult task for anybody. 
Russians expect the Bolshoi to 
deliver, regularly and beauti- 
fully, both 1 9th-century classics 
and 20th-century ballets. 

Innovation is possible; ex- 
perimentation is not For de- 
cades foe Bolshoi had been so 
sacred a Russian institution that 
it was no more acceptable to 
criticize its performance or 
leaders than it would have been 
to attack foe chairman of foe 
Communist Party. 

But like the party itself, the 
Bolshoi under Mr. Grigorovich 
had become stagnant and rent 
by factions. People in foe Va- 
siliev camp and another group 
headed by foe great ballerina 
Maya Plisetskaya would work 
for decades without talking to 
those who were acolytes of Mr. 
Grigorovich. 

Most people agreed that to 
save the institution, which 
flourished under both the czars 
and Soviet leaders, a major 
change was required. 


Nonetheless, Mr. Grig- 
orovich's sudden dismissal 
caused the first strike in the 
Bolshoi's 200-year history. 
Many stars refused even to 
speak with his replacement, 
who had a well-earned repu- 
tation for being willing to crit- 
icize foe institution, even when 
he was one of its most famous 
dancers. 

Mr. Vasiliev started lobbing 
grenades as soon as be went to 
work in the grand but dilap- 
idated building. This year, 
keeping his promise to inject 
new vision into a tired list of 
ballets that had been produced 
exactly the same way for 25 
years, he introduced a dramatic 
new version of “Swan Lake.” 
He updated foe action and even 
modified foe choreography in 
foe first lakeside scene, 
something that even experi- 
mental Western choreographers 
leave untouched. 

It was as if Mr. Vasiliev had 
announced his intention to re- 
place foe classical Bolshoi can- 
on with improvised street theat- 
er. Critics, many of whom 
regard Tchaikovsky's music as 
a principal symbol not only of 
grand ballet but also of the soul 
of Russia itself, were enraged 
and declared the production a 
disaster. Mr. Vasiliev was left 
wondering where to turn next in 
his search for the future. 


“I have never believed that 
as an artist I have foe right to 
alter the atmosphere of this 
majestic theater/’ Mr. Vasiliev 
said in an interview in his plush 
red office, where a single silver 
swan filled with fruit sits on his 
ornately designed desk 

“I wanted to move the ho- 
rizon just a little bit. That has 
proved to be harder than I 
thought it would be.” 

“There is nothing that new in 
my ‘Swan Lake,' ” he contin- 
ued “Believe me, I would love 
to be a radical But each of us 
lives, in the world that makes 
sense to us as an artist. I hope I 
can push the theater in new di- 
rections. I think I can. But a 
radical I will never be.” 

Despite the controversy and 
pain it has caused, Mr. Vasiliev 
seems to be winning in his at- 
tempt to edge foe company to- 
ward the next century. 

Curiosity about die new pro- 
ductions has won back many 
Moscow regulars ' who had 
deserted foe theater. Tourists 
who had become reluctant to 
pay as much as S75 to see a bad 
ballet have been advised to try 
again. (Normal prices for 
people who are willing to stand 
m line are usually less than 
$ 10 .) 

Ticket sales are now stronger 
than they have been in nve 
years. 


tax and pension obligations, and he has 
promised to lower electric rates to in- 
dustry in hopes of reviving foe man- 
ufacturing sector. Liberal reformers 
have also suggested spinning off die 
regional electric companies that aze 
partly owned by the national mono- 

Gazprom, which is the largest sup- 
plier of natural gas in the former Soviet 
Union and provides a quarter of Western 
Europe's supplies, is 40 percent owned 
by the state. But the Yeltsin government 
has never asserted much control over 
Gazprom, and allowed the company’s 
management to hold 35 percent of the 
total shares in “trust ’’for die state under 

ThurefayTbOTrever, the head! of the 
State Property Committee, Alfred Kokh, 
matte the surprising suggestion dial Rus- 
sia might reclaim control over those 
shares. Mr. Kokh cited. Gazprom's de- 
cision to purchase 30 percent of foeNTV 
television channel and invest in other 
media and banking properties last year 
while it still owed millions of dollars in 
taxes to foe state. “The interest of the 
state in Gazprom,” he said, "is to see it 
pay all the taxes.” Gazprom has re- 
sponded that it, too, is suffering because 
it is not being paid for gas deliveries. 

Critics have also called for mom 
drastic structural changes in Gazprom, 
such as breaking its monopoly on gas 
transportation. But the company has re- 
cently been aggressively defending it- 
self. Gazprom announced an internal 
restructuring, and, after years of finan- 
cial secrecy, has promised to deliver 
Western-standard audits. Several ex- 
perts predicted the reformers may steer 
clear of a collision with Gazprom be- 
cause of its political prowess. 

Bat the company seems worried. On 
Thursday, Rem Vyakhirev, foe chair- 
man, maria a highly .unusual, and de- 
fensive, appearance on foe floor of foe 
lower house of Parliament, the State 
Duma. Mr. Vyakhirev asserted that foe 
international oQ and gas companies, as 
well as foe monetary fund ana the Rus- 
sian Finance Ministry, were behind the 
effort to break up Gazprom and warned 
that it would not help consumers. The 
Duma then passed a resolution calling 
for Gazprom to remain intact 

The Communist Party leader, Gen- 
nadi Zyuganov, also rushed to defend 
foe Russian monopolies. He said Mr. 
Chubais and Mr. Nemtsov wanted to 
destroy the links that held Russia to- 
gether — the “railroads, electric power 
lines, gas and oil pipes, and commu- 
nications systems,” he said. “The coun- 
try will almost inevitably collapse, 
which will be a planetary disaster.” 


GULF: CIA Admits It Erred on Demolition of Iraq Nerve Gas Depot JUPITER: Fracture Hints at an Ocean 


Continued from Page 1 

provided to the Pentagon before foe 
1991 Gulf War, an intelligence failure 
that led American troops to assume that 
it was safe to blow up foe depot in the 
weeks after the war. 

The Pentagon announced last year 
that more than 20,000 American troops 
might have been exposed to nerve gas 
and other chemical weapons as a result 
of the explosions. 

“I’ll give that apology — we should 
have gotten that information out soon- 
er,” said Robert Walpole, the agency 
official who is overseeing the CIA's 
investigation of possible chemical ex- 
posures during the Gulf War. 

In detailing the history of intelli- 
gence-gathering during the Gulf War, 
Mr. Walpole said, “This is the chapter 
that lays out some not-so-pretty news.” 

The repeat offered no new evidence to 
support or refine the claims of the Gulf 
War veterans who believe they were 
made sick by exposure to Iraqi chemical 
weapons during the conflict. 

There were no reports of American 
troops’ fallin g ill at foe time of foe ex- 
plosions at Kamisiyah in March 1991, 
and scientists are divided on whether 
exposure to low levels of nerve gas can 


indeed lead to any chronic health dif- 
ficulties. 

But foe CIA report — and dozens of 
declassified intelligence reports that 
were released along with it — show 
there was derailed evidence before and 
during foe war about foe presence of 
chemical weapons at Kamisiyah. 

Mr. Walpole said the information was 
never properly analyzed or shared with- 
in foe government in part because of the 
“tunnel vision” of intelligence analysts 
who convinced themselves that com- 
ical weapons were not at Kamisiyah 
during foe Gulf War, even though chem- 
ical munitions were stored there in large 
numbers during the Iran-Iraq war in the 
1980s. 

In an introduction to the report, foe 
acting director of central intelligence, 
George Tenet, said the documents 
proved that "intelligence support as- 
sociated with operations Desert Shield 
and Desert Storm, particularly in foe 
areas of information distribution and 
analysis, should have been better.” 

The release of the documents raised 
new questions about the credibility of 
CIA officials who insisted repeatedly 
last year that the government was with- 
holding no information about the in- 
cident at Kamisiyah or about the pos- 


sibility that American troops had been 
exposed to chemical weapons elsewhere 
in the Gulf. 

The issue is certain to be raised when 
Mr. Tenet testifies before foe Senate 
Intelligence Committee at his confirm- 
ation hearings, which have not yet been 
scheduled. Veterans groups said they 
thought Wednesday's report was an ef- 
fort to head off some of the criticism of 
the CIA that could be expected at foe 
Senate hearings. 

“This is evidence either of an un- 
raveling cover-up or of an unprecedent- 
ed intelligence failure,” said James Tu- 
ite,wholeda 1993-1994 investigation of 
Gulf War illnesses for the Senate Bank- 
ingCommittee. 

The documents also provided dramat- 
ic support to the assertions of two former 
agency analysts, Patrick and Robin Ed- 
dington, who resigned from the CIA last 
year ami who went public with their 
allegations that foe agency was with- 
holding evidence about chemical ex- 
posures during tire Gulf War. 

Mr. Walpole, who said foe documents 
had resurfaced in recent weeks only after 
an intensive search of the agency s files 
and computer banks, acknowledged at 
foe news conference feat foe "CIA’s 
credibility Iras suffered in this effort" 


Continued from Page 1 

extraterrestrial life. Europa has no at- 
mosphere to speak of, so for life to exist 
there, it would have to be in the sub- 
surface ocean. 

Oceanographers examining volcanic 
vents on the floors of Earth's seas have 
found evidence that these could be sites 
where Terrestrial life began some 3.8 
billion years ago. 

The other most likely place in foe 
solar system where life might have be- 
gun is Mars. Surface erosion shows wa- 
ter probably flowed on the Martian 
plains in the past. Last year, a meteorite 
from Mars was reported to contain min- 
erals and other characteristics associated 
with life. 

Ranald Greeley, a planetary geologist 
from Arizona State University inTempe, 
said the widespread phenomenon of ice 
blocks on Europa’s surface resembled 
pack ice on Earth's polar seas during 
spring thaws. ‘ ‘The size and geometry of 
these features lead us to believe there 
was a thin icy layer covering water or 
slushy ice, and that some motion caused 
these crustal plates to break up.” 

Richard Teirile, a planetary scientist 
at the Jet Propulsion Laboratory in Pas- 
adena, California, gave, an even more . 


enthusiastic interpretation. “These are 
really mind-blowing pictures,” he said. 
“How often is an ocean discovered? 
The last one was the Pacific by Balboa, 
and that was 500 years ago.” 

NASA made foe pictures public Wed- 
nesday at a news conference at the Jet 
Propulsion Laboratory, where the Ga- 
lileo mission is being directed. The pic- 
tures were taken Feb. 20 as the Galileo 
spacecraft swung within 363 miles (580 
kilometers) of Europa, the closest it or 
any otter craft has ever come to foe 
Jovian moon. Galileo is in its second 
year of orbiting Jupiter and taking close- 
up photographs of the planet's four ma- 
jor satellites. 

John Delaney, an oceanographer at 
the University of Washington m Seattle, 
who has championed the concept of 
possible lifeon Europa, when asked ifhe 
thought there was life there, replied, 
“I’m sure there’s life.” 

Torrence Johnson, the mission 's chief 
scientist, noted that there was “no ev- 
idence directly bearing on life” in any 
water on Europa. 

'‘What we have found are foe build- 
ing blocks or foe environment that are 
conducive to life,” he explained. “But 
we don’t know if those conditions ne- 
cessarily lead to life.” . 


German Trade 
With Iran Hits 
Bumpy Patch 

Reiners 

BONN — Germany is a key trading 
partner of Iran’s, but even before ten- 
dons flared between the two countoes 
Thursday, the German Chambers of In- 
dustry and Commerce said high debts 
and political differences had begun to 
strain economic ties. 

German companies exported 23. bil- 
lion Deutsche marks ($ 1 3 billion) worth 
<rf goods to Iran last year, while Ger- 
many imported 1.1 billion DM in goods 

from Iran. . 

Of total exports from Germany to 
Iran, about 31 percent was machinery, 
19 percent electrical equipment and 1 1 
percent chemicals. Other items included 
food and fine mechanical goods. 

German exports to Iran are do wn from 
about 8 billion DM five years ago, but 
despite foe increased political tensions, 
there are still 169 German corporations 
with offices In Iras. 

The German chamber said exports to 
Iran had fallen sharply because of the 
country's huge foreign debt, which it 
said was about $22 billion at the end of 
1996. Germany has provided Iran with 
about 5.2 billion DM in export credits. 

Iran's main export goods are oil 
which account for 82 percent of goods 
sold abroad. Iran has foe world's fourth 
largest oil reserves, and in 1995-96 pro- 
duced 3.6 million barrels of oil per day. 

Iran had a trade surplus of $1 billion 
with the European Union in 1995, ac- 
cording to data provided by the German 
Economics Ministry. 

The EU exported $5.1 billion worth of 
goods to Iran and imported $6.1 billion 
worth. 

Iran was ranked 42 among importers 
of. German goods and .49 among ex- 
porters to Germany. 

The German Foreign Ministry said 
about 500 German citizens live in Iran, 
which has an inflation rate of 50 percent 
and 50 percent unemployment. 

TERROR: 

German Court Ruling 

Continued from Page I 

months of sifting through evidence that 
foe slaying ofthe Kurdish exiles was part 
of a te rr or campaign to eliminate dis- 
sidents abroad that could only be or- 
chestrated by Tehran. 

“The Iranian political leadership is 
responsible.” foe judge declared. “It is 
proved that there, was an official liquid- 
ation order.” 

ban's foreign minister, Ali Akbar 
Velayati, had warned that “a negative 
verdict in foe Mykonos trial will have a 
negative impact on political and eco- 
nomic ties between Tehran and Bonn.” 
But he dismissed the possibility of re- 
prisals arid said, “German nationals will 
have full security.” 

Last fall, when, prosecutors first 
charged that Iran’s spiritual leader. 
Ayatollah Sayed Ali Khamenei and its 
president, Hasbemi Rafsanjam, were 
personally involved in ordering the 
Killings, a wave of anti-German stre e t 
protests erupted in Tehran. 

As the vemict was read Thursday , hun- 
dreds of banian exiles who had gathered 
in and around the courthouse cheered, 
clapped and danced in exultation. 

ban is particularly incensed that foe 
prosecution based its case on testimony 
by such exiles as Abol-Hassan Banisadr, 
a former president, and Abol-Hassem 
MesbaM, a former security official Both 
defectors drew on their jntinmft* know- 
ledge of the banian hierarchy to assert in 
court that assassinations could be ap- 
proved only at the highest levels of me 
government 

Delivering the court opinion. Judge 
Kubsch said the court was struck by 
boasts from ban’s leaders whenever 
they wanted “to silence an uncomfort- 
able voice.” He cited a television in- 
terview given by Iran' s in telligence m m- 
ister. Ah Fallahiyan, in August 1992 — a 
monft before the Mykonos killings — in 
which he bragged about ban’s ability to 
launch “decisive strikes’ ’against its op- ; 
ponents abroad. 

According to court documents, Mr. 
FaMnyan was delegated by foe special 
operations council to cany out foe plan. 
He contacted Kazan Darabi an banian 
grocer in Berlin known to foe German 
police as an banian agent. 

Mr. Darabi recruited Lebanese ac- 
complices. They targeted three leaders 
of the Democratic Party of banian Kur- 
distan, an important opp onent 1 of the 
banian regime, who were attending a 
Socialist International conventual here. 

The Kurds were tracked by Mr. Dar- 
abiand his group to the Mykonos res- 
taurant, where they were said to be plot- 
ting anti-Tehran strategy in a back room 
over dinne r. Two masked gunmen burst 
into the room, shot the Kurds and fled. 

The police immediately focused their 
attention on Mr. Darabi who bad pro- i 
viously come under suspicion for attacks 
on Iranian dissidents. He and his ac- 
complices were arrested weeks after the 
shooting and foe police seized guns used 
infoft murders that were identifi ed as 
comin^from Iranian Army ar senals . 

Mr. I^rabi and his chief aaronplice; 
Abbas RhayeL were found guilty of. 
murder and sentenced to life in pnson. 
Two other meo, Youssef Amin and Mb- 
hammed Atns, were given terms of 11 
years and 5 years and three months. A 
□fth man, Atallah Ayad, was arquiHwi. 

* Washington Hails Verdict 

. ^leUEiced States hailed foe coort find- 
ing and said foat Germany should draw its 
ownconclusran about tieswifofcan, Re- 
ateretepmled from Washington. • 

The United States commends foe 
“wage of foe German prosecutar.foe 
Gf^mdges and foe witnesses,” said 
““State department spokesman, Nicb- 
“We are confident that tic 
vofoct was based on foe court’s ob- 
jective evaluation of foe evidence.” 


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PAGE 14- 


ENTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL 11, 1997 


' SP'ON SORE D S E C Vi O N 


MAURITIUS 


A ctmrty of shaming nat- 
ural beauty, Mauritius has 
an Impressive recont for 














- — > , aR 

From Textiles to * .. 
High-Technology 


democratic poBtical sys- 


tem and remarkable eco- 


dp* 


nomk&owth. The tBverse 
population has benefited 
from sustained invest- 
ment in education and 
improved living standards. 
Mauritian busmesses are 
diversifying then inter* 
ests in Africa and Astey 
whBe new investors take 
advantage of the coun- 
try's financial and high- 
tech services, sophisticat- 
ed telecommunications 


::: J ; :: 




^ *' * ^ : " ■ " ■ ■■ ' * 


Providing support for this sector are four sratutoiycoc- 
poratioDS, which ^jpy a_high^^tono^_ are 


>,<r Vi'. 

1! -t J : 


network and attractive 


investment hicenttve& 



Higher Living Standards and Economic Diversity 


I n the middle of the Indian Ocean, with no natural 
resources other than its celebrated beaches, Mauritius 
has forged a remarkable economic success story. 

The United Nations Development Program's latest 
human development report placed Mauritius's human 
development index - which measures life expectancy, edu- 
cation and adjusted real income - 54th among the world's 
174 nations. The country’s per capita GDP of $3,500 was 
ranked 33rd in the world. Unemployment is at 1.7 percent. 

The report notes that since 1968. GDP has grown at a 
rate of 5 percent per year, income inequality has declined, 
life expectancy has risen from 62 to 70 years and the pop- 
ulation over age five that has never attended school has 
fallen from 52 percent to 1 1 percent. 

Underpinning this impressive improvement in living 
standards is long-term planning, liberal economic policies, 
close cooperation between the government and the private 
sector, sound macroeconomic management, a favorable 
international trade environment ana political stability 
guaranteed by a deeply entrenched parliamentary democ- 
racy. In addition, says Anil Currimje. deputy managing 
director of Currimje Jeewajee & Co.. “We have a proven 
spirit of entrepreneurship." 

Until the late 1950s, the island had a one-crop economy 
revolving around sugar. When independence was declared 
in 1968. sugar still accounted for over 95 percent of 


exports and 25 percent of GDP. With the 1960s came the 


launch of import-substitution manufacturing activities. In 
the 1970s. export industries, such as textiles, were also 


the 1970s, export industries, such as textiles, were also 
encouraged. A full-fledged export-led strategy was adopt- 
ed during the 1980s, and in the early 1990s legislation 
paved the way for the development of offshore business 
and free port activities, while, says N MaUam-Hasam, the 
managing director of Air Mauritius, “market-driven 
reforms have been the basis of a conducive investment 
environment" 


Diversified economy 

Today, the four pillars of the Mauritian economy are sugar, 
textiles, tourism and financial services, all of which con- 
tinue to show impressive growth. Sugar sales this year, 
mostly to the European Union, are expected to exceed 
$400 million. Textiles and products of the export process- 
ing sector reached $1 billion in 1995. A record 487,000 
tourists visited the island last year, spending a total of S500 
million. Since its founding in 1971, the export processing 
zone (EPZj has helped to raise the contribution of manu- 
facturing to GDP from 14. 9 per cent in 1979 to an average 
of 33 percent in 19%. The EPZ accounts for about 50 per- 
cent of manufacturing output. 

In addition, total investment by the public sector rose 
from 27.6 percent of GDP in 1993 Co 32.9 percent of GDP 


ADVERTISEMENT ; 


Message from the Minister of Finance, 

Dr. The Honorable 
Vasant Kumar Bunwaree 




Mauritius is more than an 
island paradise, renowned for 
its turquoise lagoons and 
sunny beaches. It is also a fast- 
expanding financial and 
business hub in the Indian 
Ocean. Mauritius enjoys solid 
economic fundamentals and a 
strong, modern and well- 
diversified industrial base. 
While sugar continues to play 
a prominent role, leading the 
economy is the buoyant, 
export-oriented manufacturing 
sector. The progression of up- 
market tourism has also 
exceeded all forecasts. The 
next pillar of growth to take 
Mauritius into the new 
millennium will be financial 
services. Already this sector, 
which includes offshore 
investment and freeport 
activities, is showing rapid and 
healthy expansion. 


P olitical stability, a 
liberalized and outward- 
looking economy, a well- 
educated and adaptable 
workforce, and a strong 
public-private sector partner- 
ship are among the numerous 
advantages that Mauritius has 
to offer to potential investors. 
In addition, investors can 
benefit from our competitive 
tax regime, as well as our fast- 
growing network of double- 
taxation avoidance treaties. 
Capital can be freely 
repatriated, as can tax-free 
capital gains. In fact, no 
exchange controls exist in the 
country. 


distance from European and 
U.S. markets and the major 
financial sectors is no longer a 
constraint. 


Mauritius has played a key 
role in the launch of the Indian 
Ocean Rim Association for 
Regional Cooperation (IOR- 
ARC), which already groups 
14 countries from Africa, the 
Middle East, Southeast Asia 
and Australia, and will assume 
the chairmanship of this path- 
breaking association over the 
next two years. Together with 
our active involvement in 
other regional groupings in 


Mauritius, with its investor- 
friendly environment, is a safe 
and rewarding place to do 
business. Foreign investment 
on the Mauritian stock 
exchange, for example, has 
been on the order of 40 percent 
of market turnover during the 
past six months. 


Our highly efficient telecom- 
munications network, achieved 
through the implemention of 
state-of-the-art technology, 
means that our distance from 
European and U.S. markets and 
the major financial sectors is no 
longer a constraint 


Mauritius enjoys an 
investment grading of "Baa2" 
from Moody's, a rating much 
higher than that of many 
larger emerging markets. 


The contribution of foreign 
investors, whether directly or 
in joint ventures with dynamic 
local entrepreneurs, has been 
instrumental to our sustained 
momentum of economic 
growth. Attracting foreign 
investment will continue to be 
a centerpiece of the govern- 
ment's economic development 
policy. 


The country has invested 
heavily in upgrading its 
infrastructure and can now 
boast some of the most 
modem road networks, port 
and airline facilities in the 
region. Our highly efficient 
telecommunications network, 
achieved through the im- 
plemention of state-of-the-art 
technology, means that our 


Africa, such as SADC and 
COMESA, and our strategic 
location in the Indian Ocean, 
Mauritius can serve as a strong 
and vital link between the Far 
East and the emerging 
economies of Eastern and 
Southern Africa. 


Mauritius is committed to 
adopting bold and innovative 
policies which will enhance 
the positive image it already 
enjoys at an international- level 
as a vibrant economic zone, 
and which will contribute to 
its continued success and 
prosperity. 


in 1995. which in turn has helped to underpin the average 
real GDP growth of 52. percent over the past three years. 


The challenges ahead 

“Our past growth has relied on access to preferential mar- 
kets," says Finance Minister Vasant Bunwaree. “These 
trade agreements, in the wake of the liberalization of glob- 
al trade, may come under pressure ” 

Mr. Bunwaree is confident, however, that Mauritius can 
sustain its past economic record. “With increases in total 
factor productivity, shifts to higher-value-added products 
and activities, and effective use of modern technology in 
production and communications, the Mauritian economy 
should be able to continue achieving high races of growth," 
he says. 

“We are, moreover, putting in place the required foun- 
dations for moving onto a higher development paih 
through the modernization and reform of many of our sec- 
tors and structures. This includes the taxation system, the 
framework governing the financial services sector and the 
functioning of our civil service and the educational sys- 
tem." Mr. Bunwaree forecasts that in five years, “we 
would have completed or at least made significant 
progress in the reform process of our institutions, struc- 
tures and policy framework. We thus expect our economy 
to be more diversified and globally mote competitive." • 


>:■ v 

Mauritius Export Development In'"**™*** wrH 
(MEDIA), the Mauritius Standards Bureau, the Small and*;.,:.. - .. 
Medium Industry Development Organization and the ^ 

Export Processing Zone Development Authoniy ^ •*£' . * 

Investors in the Export Processing Zone (EPZ) agree to ? 
export all their output. In exchange, they enjoy tax rehrfof . ;i - • 

10 to 20 years, tax-free dividends for five years, duty-free 
imports of raw materials and machinery, and low-interest .. •: ' 

loans. Industrial buildings are rented inexpensively, and . 
electricity and water are supplied at cost . • 

In 1971, there were nine enterprises m the EPZ employ- • 

mg 644 people and accounting for 1 percent of total export 
earnings-Whiim five years, this grew to 85 enterprises -\j. r." 
employing 17,403 people and contributing 13 paean of 
total exports. Gross EPZ export eanrings have contmued to ' : -r> 

rise and surpassed $1 billion in 1996, while net- exports 
should total a record $440 million. 

Maurice De La Tout director of FloreaL says: “Right 
from the beginning, textile factories in Mauritius have < r \ ;1 

dominated other industries." In 1995, textiles accounted \[ l y J 

for 87 percent of jobs and 81 percent of EPZ exports. .1^ 

Today, 1 the government is taking steps to encourage ^ j 
modernization of production facili ties and diversification 
in the EPZ Changes in the GATT and in the M ulti-Fibe r |?' 
Arrangement (MfrA). combined with increased comped- \J !*•' - 
tion from low-cost countries, ha ve co ntributed to an over- .*i ‘ 

all leveling off of growth in the EPZ — last year, closures ■ 

were double the number of new entries. . -Vou 'T- - ■ 

• As Satyadev BIkoo, director of MOB AA explains, “The ‘ “ 

Logic of g ro wth demands that we go into more skiU-inten- ^ fir-t 
sive areas and that there be linkages in the economy." ■ ■ 

. Bank of Mauritius Governor Mitrajeet Maraye says that .j ter- • 

Mauritius has now “attained a level of development that -j - 

imperatively requires an upgrading of its workforce. A % sc:i^--' 
strategic shift toward greater automation is needed. In the for > - 
drive for productivity-based growth, information technol- 
ogy is important More resources need to be directed - ^ 

toward strengthening the infrastructure relating to infix- ^9 
marion technology." *■ 

The most visible result is Informatics Park, built by 9 
MEDIA in Port Louis, where foreign information technol- W M 

ogy companies benefit from access to sophisticated 
telecommunications services and tax incentives. Other ' 

developing sectors include electronics, printing and pub- 
lishing, pharmaceuticals, jewelry and light engineering. 

“The only way we will succeed is to be globally more ’• 
competitive and add value, not cost,” says Anil Cummjee, • • • f 
deputy managing director of Currimjee Jeewanjee & Co. 

Mauritius’s fourth largest comp any, Currimjee was one of 
the first to invest in the EPZ, with a knitwear factory. ; » 

Today, the group produces cellular telephones and is intro- i ■ 

during satellite television. Me Cunimjee sums op this new L. ~ ~ 
forward-looking strategy. “To move ahead, we must spe- b ' 

dalize and become niche players." • • 


sMalritiv' 


SW 


hplev SiHsc. c *f: 


A Catalyst for Regional Cooperation Expanding! 


W ith its strong 
economy and 
strategic loca- 
tion, Mauritius plays a piv- 
otal role in regional integra- 
tion initiatives. It is a lead- 
ing member of two emerg- 
ing groups, the Common 
Market for Eastern and 
Southern Africa (COME- 
SA) and the Southern 
African Development 
Community (SADC), as 
well as a founding member 
of the Indian Rim Assoc- 


iation for Regional Cooper- 
ation (IOR-ARC), which 


ation (IOR-ARC), which 
includes 14 countries from 
Africa, the Middle East, 
Southeast Asia and 
Australia. 

In addition. Finance 
Minister Vasant Bunwaree 
says, “A number of Mauri- 
tian companies are already 
implanted in Madagascar, 
while investment opportu- 
nities with other African 
countries such as 
Mozambique have opened 


up considerably. Mauritian 
banks have opened tranch- 
es in Reunion, Madagascar 
and in India." 

Another key element is 
Mauritius’s active commer- 
cial freeport, whose goal is 
to encourage greater trans- 
shipment and .re-export 
activities and to make 
Mauritius a focal point for 
trade with the African con- 
tinent, the Endian Ocean 
islands and countries in the 
Far East. 


Satyadev BIkoo, director 
of the Mauritius Offshore 
Business Authority (MO- 
BAA) says, “We are capi- 
talizing on our strategic 
position to establish our- 
selves as a dynamic busi- 
ness and financial linchpin 
of the region.” 

. Freeport companies ben-, 
efit from tax and duty 
exemptions on imported 
machinery, equipment and 
materials; reduced - port 
changes on goods destined 
for re-export; reduced rates 
on warehouse and storage; 


T he ].y.\ . 

lhc fr. s - . 
and in-.- 


■aswvcl , 
bdlitiis jr.ii - 
h.s - •. 

! MaunnuV, 

; 'cape. In S -:r . 
■-4 Mauritius ,, 
Ankle Vs! i' ■: 
■; MP Article* . •: 
.‘•Mi the sl-: 
Rdiangc 
all fi-:: 
j Qpiul flows v. •. 



access to offshore banking 
facilities; and income tax 
exemption on profits. 

The main sources of 
freeport trade inflows are 
China, India and other 
Asian countries, while 
neighboring islands and 
African nations are; the 
major destinations for re- 
exported goods. . 

The proqjects far contin- 
uing rapid expansion of the 
freeport are favcrablei.Tht* 
number of freepoxtlicensesJ 
has grown to around 350, 
while the number of 
freeport companies . rose 
from 63 in JuBe^4995; to 
106 last yean Prong Jhis . 
period, turnover increased 
by nearly 70 percent, from 
715 -millioQ Mauritian 
rupees ($35.8 . onffion j to 
L2 billion. Y " .- 

The development -..of 
intra-regional tradp wfi1 3 in 
tiim, strengthen &nd consol- 
idate the service^Sectof and 
allow Mauritius^ become 
a major regi nnaT warehoos- 

ing and distrfeimrcentec 

Mauritius hij&rj another ■ 
role to play in^jjte regioiL j 
M r. Bunwaree says: “Each* 
country’s dievefopin^ 
experience- unique. 
Nonetheless, s a me- insights 
can be gainM^p m ihe’ 
Mauritian dft w^jpmgmt -ei^ * 
perience. TbeajjtoV include, 
good goveman^aBowiBg . 
the private seeftif fo tfeattF 1 
op and 

of and access to edacatipn, , 
and pragmatism in : 
making.” • . N \ 




• tfon 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, .APRIL 1 1, 1997 


PAGE 15 


MAURITIUS 


SPONSORED SECTION 


New Markets 


S ugar cultivation was intro- 
duced in Mauritius by die 
Dutch in 1639. and until the 
i»oUs the island remaned virtually 
a single-crop economy y 

Sugarcane still covers 45 percent 

S i™,” 11 ?-' 10181 '“d ana and 
W percent of its cultivated area, it 
account for about ® percent of the 
agricultural sector s contribution to 
ODr and nearly one-quarter of 
total agricultural export earnings. 

Though agriculture as a whole 
represents only 9.8 percent of GDP 
down from 18.7 percent in 1979 
the economy is still vulnerable w 
fluctuations in the volume and 
value of sugar exports. 

Agricultural diversification has 
been severely constrained by 
Mauritius's climactic conditions - 
sugarcane is unusually resistant to 
tne : cyclones that storm the island - 
and, although Mauritius produces 
other crops, about 75 percent of its 


and Improved Competitiveness 


food requirements are imported. 
Most Mauritian sugar is sold at 
guaranteed prices, which in recent 
years have been well above die 
world free-market price. The final 
GATT accord guarantees Mauritius 
access to EU markets, at zero tariff, 
for an annual 507,000 tons of sugar. 

This represents nearly 75 per- 
cent of sugar production in a nor- 
mal year. A provision in the Sugar 
Protocol allows for this access to 
outlive the Lomd Convention, set 
to be renegotiated in 2000. 

The recently concluded special 
Preferential Sugar Agreement 
assures Mauritius access for an 
additional 85,000 tons to the EU, at 
a price representing 85 percent of 
the price guaranteed by the proto- 
col. This agreement ends in 2001. 

MUlers and planters 

Tbday. 17 big millers and planters 

cultivate about 55 percent of the 


total land area: they account for a 
much higher proportion of sugar 
production as a result of better 
yields. About 33,000 small planters 
cultivate the remaining area, and 
their cane is processed by the same 
17 leading millers and planters. 

All sugar produced is sold 
through the Mauritius Sugar 
Syndicate (MSS). 

In December 1990. the govern- 
ment launched a 7.3 billion 
Mauritian rupee (5365 million), 
five-year agricultural development 
plan to strengthen and modernize 
the sugar industry. 

In 1992, a new plan was 
launched to boost the entire agri- 
cultural sector. A bill was passed in 
January 1993 to further reduce die 
sugar export duty and provide new 
incentives for producers. Sugar fac- 
tories have been allowed to close in 
a bid to rationalize and improve 
efficiency in the industry. 


Paradoxically, sugar has been 
critical to Mauritius’s economic 
diversification. Budheswar 
Gujadhur. managing director of the 
Bank of Mauritius notes. “Sugar is 
where we started. It has been our 
seed capital for expansion.” 

Sugar capital 

Revenues from the sugar sector 
have provided capital for invest- 
ments in the export-oriented manu- 
facturing sector and in the develop- 
ment of the tourism sector. 

Before I960, sugar was almost 
the entire basis of the manufactur- 
ing sector; with some 8,000 people 
employed in the sugar mills. 

The drive to develop new mar- 
kets has led to the increasing pro- 
duction of sugarcane by-products, 
such as molasses, bagasse (used to 
raise steam-levels in factories! and 
filter scums (applied to fields at 
planting time). • 


In Mauritius, Offshore Business Is Booming 


O ffshore business is 
growing in Mauri- 
tius as the govern- 
ment seeks to attract for- 
eign investment and make 
the country an international 
financial services center. 

The first offshore bank in 
Mauritius opened in 1989, 
and there are now seven 
such institutions. In 1992, 
new legislation paved the 
way for non-banking off- 



Satyadev Bikoo , director of 
MOBAA. 


shore financial services. 
The real boost came later in 
1992, when the Mauritius 
Offshore Business Activi- 
ties Authority (MOBAA) 
was founded as the licens- 
ing and regulatory organi- 
zation for non-b ankin g off- 
shore financial services. 

Offshore advantages 
Some 2,800 offshore com- 
panies are registered in 
Mauritius, along with 2,100 
international companies. 
These entities can conduct 
business only with nonresi- 
dents and in currencies 
other than the Mauritian 
rupee. 

An offshore company is 
authorized to raise capital 
from the public and is char- 
acterized by its provisions 
for investor protection. 

An enterprise registered 
in a foreign Jurisdiction can 
also act as an offshore com- 
pany, which allows its 
existing holdings in a coun- 
try with a double taxation 


treaty with Mauritius to 
benefit from tax relief. The 
bulk of these offshore com- 
panies (1,600) are invest- 
ment holding firms, and 
there are a further 100 
funds managing some $3.1 
billion. Almost all monies 
are invested in India, where 
Mauritius has a favorable 
double taxation treaty and 
has become the fourth- 
largest foreign investor. 

An international compa- 
ny is a more flexible corpo- 
rate vehicle that provides 
for greater confidentiality 
and is suited for holding 
and managing private 
assets. It is, however, not 
allowed to raise capital 
from the public, nor can it 
benefit from double taxa- 
tion relief. 

The 30 existing manage- 
ment companies, most of 
them subsidiaries of large 
international consultancy 
firms, are an integral part of 
offshore business. Licensed 
by MOBAA, they provide 


essential services like com- 
pany formation, adminis- 
tration and management, 
trust registration and trus- 
teeship. 

Strict regulations 
Applications for an off- 
shore license must be chan- 
neled through a manage- 
ment company, which car- 
ries out the initial vetting of 
the client 

Saxyadev Bikoo, director 
of MOBAA, says his prior- 
ity is to establish the island 
as a well-regulated and 
credible offshore jurisdic- 
tion. 

“MOBAA has ensured an 
efficient and effective sup- 
ervisory structure. Treading 
on the side of caution has 
earned Mauritius a good 
reputation worldwide. This 
will be the driving force in 
our success as an integrated 
international financial ser- 
vices center.” 

Barclays offshore bank- 
ing unit manager, Andrew 


Frearson, agrees: “Mauri- 
tius is clean. It is recog- 
nized that it is in all our 
interests to ensure a clean 
system. Approaches regard- 
ing ghost money have been 
squashed." 

Mr. Bikoo adds: "We are 
aware that we should not 
fall into the trap that a few 
jurisdictions have fallen 
into, namely, relaxing rules 
and regulations to increase 
the quantity of business." 

Offshore banking is 
supervised separately by 
the central bank. 

Within the non-banking 
sector, there is a two-tier 
supervisory structure, with 
clients approved by both a 
management company and 
MOBAA. 

“MOBAA has always 
tried to keep the right bal- 
ance between commercial 
freedom and regulation," 
says Mr. Bikoo, “against 
the background of an 
unflinching concern for the 
image of Mauritius.” • 


■ 




' ' -i-xj 



?" s' ..VVyj 


• i- ‘s-iAvwH !&.;v 




The Paradise Cove Hotel is just 12 mBes(20 tf tameters) outekfe of the capital city, Saint-Louis. 

White Sands and Blue Seas 


S heer distance from its principal 
tourist market in Europe adds to 
the paradise appeal of Mauritius. 
The beaches are unspoiled, sunshine is 
guaranteed for most of the year and the 
island offers a variety of activities, rang- 
ing from snorkeling, fishing and sailing 
to golf, casinos, delicious cuisine and a 
sophisticated nightlife. 

Tourism is Mauritius's third most 
important industry in terms of foreign 
exchange earnings ($405 million for the 
year to June 1996). Only manufacturing 
and sugar are bigger earners. 

Accounting for some 5 percent of 
GDP. tourism employs (directly and 
indirectly) about 50,000 people out of a 
labor force of 400,000. 

Since the mid-1990s, numerous small 
hotel outlets have opened in all the main 
tourist resorts. Car rental firms have 
grown, and local tour operators and 
travel agencies have realized healthy 
growth." 

Banner year 

A record 487.000 visitors traveled to 
Mauritius in 1996, staying an average of 
10 nights. 

Air Mauritius has expanded its fleet 
and now flies to 28 destinations, adding 
some two new destinations per year, 
geared particularly to developing the 
market for visitors from the Far East. 
Last year, a new tourist body - the 


Mauritian Tourism Promotion Authority 
(MTPA) - replaced the Government 
Tourism Office. The MTPA is managed 
by a board of directors comprised of 
three government officials and three 
representatives of the private sector. 

Quality is top priority 
The 90 licensed hotels in Mauritius - 
operating 6,670 rooms - cater to all 
tastes and budgets. 

The government and private sector 
tourism policy is to encourage quality, 
and hotel-owners and tour-operators are 
committed to keeping the market both 
exclusive and affordable. 

Says Air Mauritius Director Vijay 
Poonoosamy: “We don't want mass 
tourism: we want quality tourists. 
Mauritius is promoted as a select desti- 
nation.” 

The government's goal is for the 
industry to expand by an annual average 
of up to 10 percent. Hotel projects can 
qualify for development certificates, and 
the government itself has made financ- 
ing available through the Development 
Bank. 

Sun Resorts Director Amaud Martin 
does not believe saturation has been 
reached: “Only 9 percent of the coast- 
line is developed. There is a lot to go. 
Also, 600,000 annual tourists, or 50.000 
r month, are not too many for a popu- 
ation of 1.1 million” 


ES 


EXPANDING-THErRNANOAL LANDSCAPE 


T he liberalization of 
the financial system 
and the establishment 
of a stock market, freeporc 
facilities and offshore busi- 
nesses have reshaped 
Mauritius's financial land- 
scape. In September 1993, 
Mauritius graduated to 
Article VI 1 1 status of the 
IMP Articles of Agreement. 
With' the suspension of 
exchange control in July 
1994, all restrictions on 
capita] flows were lifted. 

Monetary policy 
Monetary policy reforms 
have also made the mone- 
tary system more marker- 
oriented. Bank of Mauritius 
Managing Director 

Budheswar Gujadhur notes 
that interest rates have been 
fully liberalized, and all 
quantitative controls on 
credit have been abolished. 

“Mauritius has moved 
away from direct controls 
to a more active use of indi- 
rect or market-based instru- 
ments to achieve its macro- 
economic objectives, he 
says. “Market-open ted pol- 
icies are firmly in 
The Banking Act of 1988 
designates the Bank of 
Mauritius as the central 
licensing and regulatory 
authority for all banking 
activities. The country s 11 
domestic commercial 

banks and seven offshore 
banks operate 148 branches 
and had assew totobng 
S3 1.8 billion in July 1996. 

An interbank fore*? 1 
exchange market in 
dollars has been established 
through a screen page on 
the Reuters system, me 
Bank of Mauritius inter- 
venes only by buying or 
selling U.S. dollar^ 

And. adds SEC Chief 
Executive Sharda 

DindoyaJ. 
financing 

maikeis such as options and 

futures and a secondary 
bond market are develop- 


n®. 


tiange of 
A) was 
9 and is 
he Stock 
mxnission 
ncentives 

to list, 
k broker- 
mploying 
te on the 

e to inter- 


nationalize the capital mar- 
ket. the SEM has opened to 
foreign investors, who ac- 
count for 42 percent of total 
turnover and have stakes in 
two brokerage firms. 

- The 45 enterprises listed 
on the SEM have a market 
capitalization of 55 billion 
Mauritian rupees (SI. 75 
billion), the largest being 
Mauritius Commercial 
Bank (14 percent). . Some 
5.5 billion Mauritian rupees 
has been raised on the 


SEM. Although only four 
new firms came to the SEM 
last year, and none this 
year, Ms. Dindoyal notes 
that “most of the major 
firms have already listed.” 

Turnover in 1996 was a 
record 1.6 billion Mauritian 
rupees (on 92 million 
shares traded). The bench- 
mark Semdex index (100 in 
1989) climbed to 474 in 
1994 before dropping to 
344 in 1995. Itrose again to 
367 at the end of February. 


In addition to SEM, there 
is an over-the-counter equi- 
ty market on which 70 list- 
ed firms generated turnover 
of 167 million Mauritian 
rupees in 1996. 

Two state-owned enter- 
prises, Air Mauritius and 
the State Bank of 
Mauritius, have been par- 
tially privatized; the gov- 
ernment retains 51 percent 
of each. More are expected 
to follow soon, including 
Mauritius Telecom. • 


Destination Mauritius 



Pharmaceuticals 



Engineering 



Informatics 



Printing 

&pnbfishing 



The Mauritius Export Development and Investment 
Authority (MEDIA) provides the potential Investor with 
immediate information and expert guidance in the 
following priority sectors: 

Pharmaceutical, Engineering, Informatics, 
Electronics, Printing and Publishing, Jewellery’, 
Precision Plastics and high quality garments 

We will help to complete all formalities and assist the 
industrialist in implementing his project and setting up 
his industry within the shortest possible time. 

We will ensure the efficient operation of his business 
within a pleasant environment and a “work-congenial’" 
atmosphere unique to Mauritius. 

Immediate Benefits; . 

• Duty-free and quota-free access to European Union 
under LOME convention 

■ Opportunities for export to the Eastern and Southern 
African region countries with no problem of payment 

• Attractive package of fiscal incentives 

• Guarantee against nationalisation 

• Educated labour force 

' • and many other benefits 

Coll MEDIA for immediate attention. JPlease contact : 

Mr Devesh Dukirira, representative 
Mauritius Export Development & Investment Authority 
. c/o Mauritius High Commission 
32-33 Elvaston Place, London SW7 5NW, U.K. 

Tel.: (44)1 71 2253331 Fax:-(44) 171 225 1580 


POSTAGE 


Probably.... 

one of the most 
famous stamps 
in the world 



TWO PENCEf* 


Definitely... 

one of the most reliable international financial services centres 


Issued i 1 1 !S'-i , the 'Blue 1‘ennv is internationally known os being unique and invrJuabk 
Likewise. Mau mins is evok ing imo a unique offshore financial services centre in she 
Indian Ocean. 

Srrarcuicailv loeared, Mauritius is a I read v known as a progressive jurisuieiion supported 
hv modern legislation, well- trained professionals and an attractive double lax treaty 
network. It is viable, sound and customer-oriented. 

4,700 offshore entities are a! read v registered for activities ranging from offshore banking 
(O investment funds, aircraft registration. ship registrar ion and trusts. 

kor further information, call die MOB A Aurhorirv. 


Mauritius 




MOBAA 


Mauritius Offshore Business Ai mines Aurhorirv, i si Floor. Dcr.sniamt !ov.c:. 

.A.) Sir \\ ;!:iam Newton Street, Port Louis, Mauritius 
el 2 i 1 U-n') i . On ,s / Ok; > J a\ (MO) 2!.: S' -4 SO i 21 lbbPS V. mail MohaaMbnw.intncl.on' 








PAGE 16 


Thursday’s 4 PJI. Close 

Nofiomitop^iKtitf^Dgk^etnKleseisewheft. 

The Auodaad Press. 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL 11 , 1997 




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Portugal 

liSLFi at: o 

u?uno - portugalc^er. com 


HeralbSEribune 

BUSINESS/FINANCE 


MWBT 

visit us at: . ,, „ _ 

www. pcrtugalctffier. com 


Portugal ^ 


FRIDAY, APRIL 11. 1997 


RAGE 17 


Nippon Puts 
Its Trust in 
N.Y. Bank 

* Bankers Trust to Run 

Overseas Operations 

C.mfUa/tf Our 5uff Fnm Duf^rhn 

i — ^W 00 Credit Bank 

Lid.. SEruggiing with massive bad debts 
said Thursday tt had reached an agree-' 
mem that would allow BankeraTrasr 
New York Corp. to take over its over- 
seas operations. 

The Japanese bank currently has five 
branches and seven representative of- 
fices abroad. The de-up with Bankers 
Trust will allow Nippon Credit to con- 
tinue providing international services 
through Bankers Trust’s global net- 
work, the companies said. 

The agreement also calls for Bankers 
Trust to help Nippon Credit write off 
& some of its 1 26 trillion yen ($9.96 bil- 
•“ lion) in defaulted real-estate loans by 
converting them into securities for sale to 
investors. The banks also are discussing a 
limited stock swap. 

A link between a Japanese and for- 
eign bank is unusual. The Bankers Trust 
move could signal growing foreign in- 
terest in Japan's financial sector, which 
is set to undergo a big shakeup in coming 
years as regulations are rolled back. 

The deal sent Nippon Credit’s shares 
soaring in Tokyo to close at 1 90 yen, up 
22. But analysts said Nippon’s deal with 
Bankers Trust would not solve problems 
at the debt-plagued Japanese lender. 

“I can't say that this changes my 
^ mind about banks.’* said Masahiko 
y Taka), executive managing director at 
Cosmo Investment Trust Management 
Co. “Banks like Nippon Credit sdB face 
huge write-offs, and putting that reck- 
oning off only makes things worse.” 

The alliance is the latest in a series of 
inventive measures taken by Japan’s 
lenders to deal with the more than 30 
trillion yen in defaulted property loans. 

Analysts said the agreement failed to 
address the basic problem plaguing Nip- 
pon Credit and other Japanese banks: 
their difficulty in finding the cash to 
write off the bad loans. . 

Nippon Credit said Wednesday its net 
assets fell to 53.44 yen per share as of 
March 31 from 216.16 yen six months 
earlier because of bad-loan write-offs. 

Analysis said Nippon Credit, the 
smallest of Japan's three credit banks, 
still had to absorb significant losses if it 
were to package the new securities at a 
price attractive to investors. 

Investors also may reject the new 
securities, no matter how cheap, analysts 
said After Bank of Tokyo-Mitsubishi 
and Fuji Bank Ltd packaged some of 
their bad loans into securities for sale in. 
Japan in August, the sales did little to 
allay their losses, because most of the 
bad loans are not being paid at all. 

- But Bankers Trust has been partic- 
ularly successful at previous securitiz- 
ations for other financial institutions, in- 
cluding some transactions for Paris- 
based Credit Lyonnais, which was forced 
to restructure part of its balance sheet. 

f AF, Bloomberg, Bridge News) 


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As Thai growth slows, sales of luxury cars, such as Germany’s Mercedes-Benz and BMW, have plunged. 

Hard Times Dent Thai Auto Sales 

Glum Outlook for Once-Freewheeling Mercedes and BMW 


By Michael Richardson 

International Herald Tribune 

BANGKOK — MtKor vehicle 
sales, once an index of the super- 
charged economic growth and rising 
affluence in Thailand have recently 
become a barometer of harder times 
and heavy losses in die property and 
stock markets. 

All but the cheapest models ore vic- 
tims of Thailand s economic slow- 
down and financial troubles, with 
dealers and analysts predicting a sharp 
fall in vehicle sales in 1997. especially 
in luxury sedans and pickup trucks. 

From 1986 to 1995, when the econ- 
omy was one of the fastest growing in 
the world, auto sales here boomed 

They increased by more than 600 
percent as Thais bought so many cars 
and pickup trucks that roads in Bang- 
kok became jammed for much of the 
day and often late into the night 

The big winners of the boom, es- 
pecially those who made money in the 
property and stock markets, bought up 
such luxury sedans as Mercedes-Ben- 
zes, BMWs and Volvos. 

• Sales • of Mercedes, made by 
Daimler-Benz AG, leapt from 5.000 a 
year in 1992 to 14.100 in 1995. when 
Thailand became the world's eighth- 
largest market for the German auto- 
maker. 

But as a glut of unsold properties 
developed in 1996 and investors be- 
came nervous about possible loan de- 
faults, die stock exchange plunged 35 
percent in value. The fall continued this 
year anrid increasing concerns about 
the health of the country's 15 banks 
and 91 finance companies. Many have 
large property loans outstanding. 

The finance companies have an ad- 
ditional burden — rising defaults on 
motor vehicle loans. 

“Most Thais buy stock on margin 


and cars on credit,” said Nimit Wong- 
jariyakul. senior vice president of 
Thaimex Finance & Securities PLC. 
“With the market crashing, people are 
simply trying to pay off their brokers. 
They certainly don’t have ihe money 
for a car.” 

Mercedes sales plunged 45 per cent 
in 1996 and a further hefty fall in 1997 
is expected. The outlook for other lux- 
ury makes is also grim. 

The total number of vehicles sold in 
February in Thailand dropped 22 per- 
cent. to’ 38.719 units from 49,503 a 
year earlier, according to die country's 
dominant auto company. Toyota Mo- 
tor group, which compiles a monthly 
industry report. March figures won’t 
be out until late this month. 

Mercedes sales in February 
plummeted 51 percent. Cost was 
clearly the main reason. The cheapest 
Mercedes model in Thailand, the Cl 80, 
sells for 1.4 million baht ($53,640). 

“Finance companies are toughen- 
ing up cm new car loans due to their 
liquidity problems,'' said Surapong 
Phasitpatnapong, a spokesman for the 
Thai Automotive Industry Associ- 
ation. “If the situation continues this 
way, there is a high possibility that the 
number of car sales this year will not 
teach 600,000 units." 

Other analysts expect the total to Fall 
well short of this mark for 1997. Some 
dealers say that the industry will be 
lucky to sell 550,000 cars this year. 

On top of the stock market slump, 
the economy is slowing and interest 
rates are likely to remain high- 

In 1 996, new vehicle sales rose by a 
modest 3.1 per cent, to 590,000. A year 
earlier, the increase was 17 per cent • 

Tighter controls on car financing, 
introduced in January 1996, have 
squeezed sales. The new rules were 
designed to strengthen the balance 
sheets of finance companies. 


Among the changes were a min- 
imum down payment of 25 percent for 
any hire-purchase contract. Previ- 
ously. some car dealers offered fi- 
nancing without a down payment. The 
centrafhank also shortened the financ- 
ing contract limit to four years, from 
five years. 

But it is not just the new car market 
that is suffering as Thailand's econ- 
omy falters: the used-car market is 
slumping as demand declines and 
more vehicles, repossessed by finance 
companies because their owners de- 
faulted on their payments, are put up 
for sale. 

Dealers say the market is now 
flooded with used cant. Prices are fail- 
ing, even for once-coveted Mercedes. 
A year-old Mercedes E28D that would 
have brought 1.9 million baht a year 
ago now fetches just 1-5 million bahL 
according to dealers. 

In the new car market “the hardest 
hit segments are at either end of the 
spectrum,” Jiradech Sompo- 
prungroch. Toyota Motors deputy' 
managing director, told Bloomberg 
News. “People aren’t buying luxury 
cars, and there's less demand for com- 
mercial vehicles.” 

Unlike most markets, demand for 
pickup trucks in Thailand normally 
exceeds demand for cars. In 1996, 
pickups made up 56 percent of all new 
vehicle sales. Tnailand is the world's 
second-largest market for pickup 
trucks, after the United States. 

The least expensive autos have be- 
come the flavor of the month for those 
Thai consumers who are still buying 
cars. In February, Toyota captured the 
biggest market share — 34 percent of 
all vehicles sold in Thailand. Tt was 
helped by its Soluna budget car. in- 
troduced in January. The Soluna retails 
at about 450.000 baht and some deal- 
ers say they have a backlog of orders. 


2 Automakers Issue 
Glowing Reports 

Earnings Help Truck Sales 
VW Shares Lift Profit 
Set a Record At Chrysler 


(‘■•-■...J-UV . J,': f i.—r /l.yui. /. . 

WOLFSBURG. Germany — Volk- 
swagen AG shares surged 8.6 percent to 
a record Thursday after Europe's largest 
automaker said earnings per share more 
than doubled last year, helped by cost- 
cutting and grow ing sales. 

Earnings "climbed to 55 Deutsche 
marks < S3 1 .87 1 a share in 1 996 from 22 
DM the previous year. The figure, much 
higher than analysts had expected, came 
after Volkswagen last month said net 
profit more than doubled to 678 million 
DM in 1996. 

The per-share number confirms that 
VW kept a lid on costs even after pack- 
ing its models with more options and 
ratcheting up advertising to steal market 
share from rivals such as Ford Motor 
Co. and Renault, which are both posting 
losses in Western Europe. 

“It’s been evident for a number of 
quarters that the underlying operating 
environment, always difficult to define ar 
Volkswagen, has improved and contrasts 
sharply with ihe situation at Renault and 
Ford.' ‘ Colin Whilbread, an independent 
auto analyst in London, said. 

Volkswagen shares surged 8 1 DM to 
a record close of 1,026 in Frankfurt. 
They have climbed 68 percent so far this 
year, while the DAX index of German 
blue-chip stocks has risen 1 8 percent. 

“We expect our 1997 earnings to 
outpace sales growth,” the automaker's 
chief financial officer. Bruno Adelt. 
said at its annual news conference. 

The automaker, which last year 
raised its European market share by 0.4 
percentage point, to 17.2 percent, said 
first-quarter deliveries rose 9.5 percent, 
to 1.03 million vehicles. 

Double-digit gains in overseas mar- 
kets such as the United States and South 
America offset sluggish growth in 
Europe. 

Without disclosing an exact figure, 
the company said its first-quarter profit 
was “better than last year.” 

Volkswagen is benefiting from a pop- 
ular model line, led by its flagship Golf 
hatchback, and a cost-cutting strategy 
that has allowed it to lead a price war by 
packing its cars with more options with- 
out changing the price. 

VW said its 1996 results had been 
aided by about 600 million DM in gains 
from currency-rate movements and thai 
the weakening of the mark against the 
dollar, lira and pound in late 1996 had 
reduced the cost of vehicles sold 
abroad. 

It said it expecied exports to help the 
German economy in 1997 but predicted 
the economy would show only limited 
growth overall and little improvement 
in unemployment, which may act as a 
damper on domestic sales. 

(Reuters. Bloomberg ) 


l . «1'I4 If 4 M t Ar r yjtf t !*• |V.' 

AUBURN HILLS. Michigan — 
Chrysler Corp. said Thursday that it 
earned a record SI .03 billion in the first 
quarter as it continued to benefit from 
sales of its profitable light trucks. 

The announcement came hours after 
workers at a Chiy sler plant that supplies 
light-truck engines walked off the job. 
threatening to curtail production of i he 
automaker' s best-selling vehicles. 

Though Chrysler's American sales 
were down 2 percent in the first quarter, 
it still had strong profit margins. 

Pickup trucks, span utility vehicles 
and minivans account for a higher per- 
centage of sales at Chrysler rhan at its 
major competitors. General Motors 
Corp. and Ford Motor Co. Chrysler* 
revenue reached S16.1 billion in the 
quarter, compared with S15 billion a 
year earlier. 

Meanwhile, about 1 .800 workers at 
Chrysler' s Mound Road engine plant 
went on strike early Thursday to protest 
outsourcing, or using external, usually 
nonunion, sources for pans or labor. 
Negotiations aimed at ending the strike 
ana reaching agreement on a new local 
contract were to resume during the day. 
a Chrysler spokesman said. 

Most of the engines built at Mound 
Road are used in Chrysler 's Dodge Ram 
and Dakota pickup trucks. One of the 
engines, the 5. 2-1 iter V8, also is a pop- 
ular option in the Jeep Grand Cherokee 
sport utility vehicle. 

A prolonged strike would force 
Chrysler to shut down production at the 
nearby Dodge City assembly plant, 
which produces the Ram and Dakota. 

The spokesman declined to speculate 
on how long it would take for engine 
shortages to start appearing. 

Union officials at the plant said the 
dispute centered on Chrysler’s plans to 
shift production of driveshafts from the 
plant to outside suppliers, a move that 
would eliminate as many as 300 jobs 
from the factory’s payroll. 

The strike came hours after Chrysler 
announced plans for new investment 
totaling SI. 3 billion in six Detroit man- 
ufacturing plants. The investment plans 
did not include the Mound Road engine 
plant. Chrysler previously planned to 
close the plant after it launched pro- 
duction of a new generation of engines 
next year at the Mack Avenue engine 
plant in Detroit. That plant is under- 
going a $900 million renovation, which 
includes new investments of SI 50 mil- 
lion announced Wednesday. 

Separately, a strike at General Motors 
Corp.'s Oklahoma City car-assembly 
plant entered its sixth day with union 
and company negotiators still said to be 
far apart in the dispute over staffing 
levels at the plant. (AP, Reuters) 


For U.S. and Japan, Markets Are Out of Sync 


By Floyd Norris 

Here for* Times Service 

NEW YORK — From the view- 
point of a dollar-based investor, the 
Japanese stock market has plunged to 
a four-year low. 

The Nikkei index of 225 issues, 
Japan's most prominent index, fen 
217.62 points, or 1.2 percent, to 
17,485.75. on Thursday. The dollar, 
meanwhile, soared to its highest 
gains against the yen in more than 

four years Wednesday. 

Put the two together, aDd the dollar 
investor in Japanese stocks is looking 
at the lowest level since the summer 
of 1992. If prices keep falling — or 
the dollar continues to rise — the 
Japanese market will soon be at its 
lowest level, relatively speaking, 
since 1986. when Japan s bubble 
economy was still growing. 


In Japan, the stock market situation 
does not look quite so bleak, with the 
Nikkei still 21 percent above its 1995 
low of 14,507.17. But during the same 
period, die dollar has turned from 
weak sister to neighborhood bully. 

The result is that the plunging yen 

WALL STREET WATCH 

has left the Nikkei, measured in dol- 
lars, down 19 percent for that period. 
Any American investor who bought 
Japanese stocks then and did nor 
h edgg the currency risk would find 
that he or she now has more yen than 
was originally invested but that those 
yen are worth fewer dollars. 

From its peak at the end of 1989. 
the Nikkei is down 55 percent in yen 
and 48 percent in dollars. While the 
dollar has recovered sharply from its 
low of about 80 yen two years ago. it 


remains well below the levels that 
prevailed in earlier years- When the 
Japanese stock market was peaking, 
tiie dollar was worth about 144 yen; 
now it is worth almost 127 yen. 

The weakness in Japanese stocks 
has come as the U.S. market has been 
soaring, until its recent stumble. The 
United States and Japan have the two 
largest stock markets in the world, 
and two of the most successful econ- 
omies. But rarely have two countries ' 
markets been more out of sync. 

“With as much exuberance as 
there is here, there is depression 
there,” said Charles Clough, the 
chief strategist of Merrill Lynch & 
Co. “The psychology is totally dif- 
ferent We are at the top of an earn- 
ings cycle. They are ai the bottom.” 

Mr. Clough said he thought it likely 
that Japanese stocks would be a better 
investment during the next year than 


CURRENCY & INTEREST RATES 


Cross Rates 


Ubid-Libor Rates 


■f Anstcnkun 
Brussels 
FnmMari 
Loaded (ri 
Madrid 


NtwYOffcfe) 

Parts 

THp 

Toronto 

zurici 

I ECU 

1 SDR 


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M ,iW I-®* WWW 

ijbM uw In mher ta n U Bt Ntm Vtot at 4 


American ones, arguing that the Ja- 
panese economy was improving and 
that the stocks of nonfinancial compa- 
nies. mainly those of major exporters 
whose businesses were benefiting 
from a weakening yen, were already 
moving up. 

The argument that American 
stocks are expensive, and Japanese 
stocks cheaper, is harder to make if 
one looks at price-eamings ratios. 
Bulls on Japan, though, contend that 
Japanese earnings are understated and 
that cash flows look much better than 
earnings. One factor that is now draw- 
ing money out of Japan and into the 
United States is the sharp difference 
in interest rates. A 10-year Japanese 
government bond now yields 22.1 
percent, compared with 6.89 percent 
for a similar U.S. Treasury bond. Ja- 
pan's interest rates have fallen to help 
bail out the country's banks. 


Seoul in Jet Deal 
With Europeans 


1 ECU r." MO MBS 131* 1MB 

PM anti Tam* n/dwand dW tor of *Q; not quoad? HAjntiavatoue. 

a: Taburonepounoa. ioout^ 


Other Dollar Values 
Omwcr ?SL 

as 

SSrss isr* 

CacnkaroAfl icnrfstafc. 

Kf -s- 


Cmoet 
Mat peso 

K.ZeatandS 
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pwi* 2 «r 

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sms 


S. Air. rood 

SLKbt. mm 

SmLkrao 

TMiNrtS 

TboibofeJ 

TortdshSni 

UAEdrtan 

VCas-boBr. 


rani Rate* com »df «Moy *Mor 

er 72! I tyn Jopuettw V&jtt 1*4.98 13441 

Stwtog S s*Mfrc-c 1^3 tntx \n5to 

££? I* 

« tmitonL- t mbv^ Bank (BmsOsi: Banco CoaaeaMe ItaSana 


Doflor O-Mart Franc Sferffeg Prnae r« ECU 
1 -month 3»-3«4 lWis-Ht* 5*»-6W 3V*-3V* 4V»-*v« 

1H-2 3Va-3V» 4‘- e -4V, 

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1*yenr W-6W 7V*-7*i» 3M,-3V» V*- 5 * 4W-4M. 

Sources! Rariets. Uaptr Batk. 

Ratos oppOttde to fanrtianX aapeatts of St m/Ken minimum I orequnotonl) 


Key Money Rates 

Urttad Straw c 

(NKMorrara 

Prtine rat* 

Federal fvnds 
9MnrCDsd«to9 
ISHkivCP deefera 
laadklktERrHI 
i^nr Tmaray UU 

2- fearTrenswY bdi 
5-yeorTraosonr one 
7-y*ar Trt«ffly writ 
KHm Ternary note 
38-yBT Treesary bond 
MenS Lynch 30-doy RA 

' Japan 
Mont ralo 
Cat naoey 
l-TOOUt btWPook 

3- Baaik teteibak 
4 a oa Mi Iptgit cw fc 
18-ynr Cart band 
Sen— ay 
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1-WWTR WWIASER 
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frwalh hdtfMa 

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£00 

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AM 

6.00 

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6fc 

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110 

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227 327 

328 328 

SJ7 5.76 


Santas: Berners. mem it 

Lynch, Bank of Tokyn-MIfsabisni, 
awjfflefstwjfc Cfctilt Lyonnais. 

AM PM. 

2*** 34035 34750 Unch- 

Unfeo 3JOQ5 347.40 -020 

HMYcik 35050 350.90 +050 

U.5. eScOars per ounce, London official 
Btings; Zorich and New York aeetdog 
taaaosSnqftikmi ne* r*t am* 
UuneJ 

SoutcuRtutia. 


Agencc France-Presse 

SEOUL — South Korea 
announced a SI-2 billion deal 
Thursday with the European 
aircraft consortium AIR to 
build midsized passenger jets, 
a move that is expected to 
heal up competition in Asia. 

“The two parries have 
agreed on the blueprint for the 
passenger-jet project,” the 
trade ministry said. 

The headsof AIR. or Aero 
International (Regional), and 
a consortium led by Samsung 
Aerospace industries Ltd. 
will sign a memorandum of 
understanding on the co-de- 
velopment of the 70*seat jets 
Friday, the ministry said. 

AIR is equally owned by 
British Aerospace PLC, 
Aerospatiale of France and 
Alenia SpA of Italy. 

The deal is part of South 
Korea's plan to catapult its 
aerospace industry into the | 
top 10 in the world by 2015. : 



BANCA COMMERCIALS UALIANA 


mf» | -Mr Oral L. IX.WWm 

■ <* Sr ixn fn i MH in l i Ubw fn, mnrj w Or btMn M limin 


Holders of ordinary shares of Banca Commerclde ltahana are hereby called to attend an 
Ordinary General Meeting to be held at 1, Piazza Belgtoloso. Milan, at 10 a.m. on 24th April 
1997. or. If necessary, at second call, at the same place and time on 28th April 1997 In order to 
discuss and vore upon the following 


AGENDA 


Ordinary General Meeting 


]) Repons by the Board of Directors and by the Statutory Auditors; submission of the 
Accounts for the year ending December 31, 1996 and resolutions thereon. 

2) Determination of the number of die Directors. 

3) Appointment of the Board of Directors. 

4) Determination of the global emoluments of the Board of Directors and of the Executive 
Committee. 

5) Appointment of the Board of Statutory Auditors and of its Chairman. 

6) Determination of the emoluments of the Statutory Auditors. 

7) Appointment oi Arthur Andersen S.p.A. lo audit half-year report and accounts for the 
period ending June 30. 1997 In compliance with Consob Communication No. 97001574 
dated February 20. 1997. 

Even though already registered in the Register of Shareholders, holders of shares carrying 
voting rights - in order to attend the Meeting - must deposit their shares at least five days beiore 
the date of the General Meeting at the Bank’s counters or at ‘Monte Tltoli S.p.A.". tn 
compliance with the provisions of Article 4 of Law No. 1745 of December 29. 1962. 

Shareholders are reminded that they can be represented at the Meeting, within the limits 
of Article 2372 of the Italian Civil Code, by means of a proxy in writing with ihe signature duly 
authenticated by a member of die Board of Directors, an executive or officer of the Bank, a 
notary public or any consular authorities, or an Italian or foreign bank. 

Alternatively, shareholders may exercise their voting rights by mail, in accordance with the 
regulations .i&intly issued by Banca d’ltalla. Consob and Isvap on December 30. 1994 and 
published m the Gszzetta Uffiriaie (Official Gazette) No. 4 of January 5, 1995 (general series). 
Shareholders who wish to cast a postal vote have to submit a request, in good rime, to the Bank 
or ro “Monte Tltoli 5.p.A.” - when they deposit their shares or when they require the relevant 
certification - ior the issue of the postal voting form and of the admission ticket. 

Both the request to the Company to make use of postal vote and the mailing of the postal 
voting form and of the admission ticket have to be addressed to: Banca Commerdale Italiana - 
Segreteria del Consiglio • Ufficio Aztonisti, Piazza della Scala n. 6. 20121 Milano. 

Copies of proposed resolutions, together with an explanatory report, are available at the 
registered office erf the Bank, at all branches of the Bank in Italy, and at 'Monte Tltoli S.p.A. H . as 
mentioned above. Copies will, moreover, be mailed to holders of shares carrying voting rights 
who request to vote by mall in the manner described above. 

The remaining documentation concerning the Ordinary General Meeting will be deposited 
according to the established terms. 

The envelopes including the voting forms and the admission tickets have to be sent to 
Banca Commerriale Italians - Segreteria del Constgllo - Ufflcto Aoonbll. Piazza della Scala n. 6, 
20121 Milano by April 21, 1997. The voting forms received after the term foreseen, or not 
accompanied with the admission ticket, will not be taken in consideration in determining the 
regular constitution of tile meeting, nor for voting purposes: voting forms lacking signatures will 
not be taken into consideration for voting purposes. 

Voting by mall ts not compatible with voting by proxy and therefore the vote must be 
exercised directly by the shareholder. 

For the Board of Directors 
The Chairman LioneDo Adler 




PAGE 18 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL II, 1997 


THE AMERICAS 


30- Year T-Bond Yield 




For Seafood, U.S. Looks Abroad 


Wall Street Waits # 

For Inflation Data 


* ijiina s 

jl’i’-i 1 *'* 


\s 


Dollar it) Deutsche marks ] 


1.70 — 


1.60 -J- ~ • 120 - - 



N D J F M A 


“ N D J F M A 
1996 1997 


Exchange - index 


Thursday Prev. 
4PM Close 


NYSE 

NYSE 

NYSE 

NYSE 

as. ■ 

AMEX 

Toronto 


The Dow 
SSP 500 
S&P10P 
Composite 


4PM Close Change 

S54q.CS 6563.fi-* -0.38 

758.33 76d57 -0.29 

736A1 738.80 -0.46 . 
39936 40020 -03 3 


Nasdaq Composite 1235.75 ■ 1 249.41 -1.Q0 


AMEX Martel Value 563.09 562.96 +0-05 

Torino TS£ Index 5794.90 S794.1Q +0.01 

S§o Paulo Bovespa 8778.34 9819.12 -0 .43 

Mexico City Boise 3785.35 379456 -0-24 

Buenos Aires Mervei 700.49 714.01 -1.83 

Santiago IPSA General 54Q4-97 536Z20 -MX80 

Caracas Capttal General 6249.42 6244.56 +0-08 

Source. Bloomberg. Reuters inf.-nuii.wai Hcrjj Tnhm 


likely to be shrimp from Thailand or Imports of shrimp, mostly from 
scallops from China than seafood from Thailand, Ecuador and Mexico, led the 
local waters. 

Last year, for the 26th con- 
secutive year, the United 
States imported twice as much 
seafood as it exported. The 
deficit reached $3.7 billion, 
the largest in a decade. 

The reason is that domestic 
fishermen cannot catch 
enough of the species Amer- 
icans like to ear, and nor ail the 
fish they do catch have caught 
on with consumers. 

“It's really shocking how r.i™»,v,iv«,rwLm« 

much we import,” James An- Guatemalan snapper on display in Boston 
derson. editor of Seafood Mar- 
ket Analyst, said Wednesday. “By way, at S2 3 billion. At the same time. 


counting for 47 percent of expon sales. 

The United States ranks second in 
the world in seafood imports and ex- 
ports. The seafood industry also is 


among the top five contributors to the 
U.S. trade deficit, Mr. Anderson said. 


The Associated press Ecuador, Mexico. China and Chile. AJ- counting for 47 percent ofexpon 

BOSTON — Even in restaurants though that was down 1 percent from The United States ranks second in 
here, the cradle of die American fishing 1995. it almost equaled the combined the world in seafood imports and ex- 
industry, the catch of the day is more value of imported fruits and coffee. ports. The seafood industry also is 
likely to be shrimp from Thailand or Imports of shrimp, mostly from among the top five contributors to the 
scallops from China than seafood from Thailand, Ecuador and Mexico, led the U.S. trade deficit, Mr. Anderson said, 
local waters “Ii’s chat we don’t have 

enough fish that American 
consumers like or we haven’t 
developed enough markets 
for American fish,” -said Mr. 
Anderson, who is also a pro- 
fessor at the University of 
Rhode Island. “If Americans 
ate a lot of die things we were 
exporting, that could have 
stayed here." 

That is a touchy topic in 
New England, where dwind- 

”ii s realty snocxing now rwji.wwivHinrU'rb. umiw ling stocks and increasing 

much we import. “ James An- Guatemalan snapper on display in Boston. regulations are grounding 

derson, editor of Seafood Mar- fishermen, 

ket Analyst, said Wednesday. “By way, at $2.5 billion. At the same time, “There are always shortages in this 
anybody’s measure, more than half of U.S. seafood exports last year totaled industry," Stacy Caraiis, exec- 
what we eat is imported, easily. ” S2.9 billion, an 8 percent decrease from utive chef and fish buyer for Jimmy's 

In its 1996 Year in Review, Seafood 1995. Most of the exports went to Harborside Restaurant on Boston's 
Market Analyst, a trade magazine, said Japan, Canada and Korea. Fish Pier. “The seafood indnsrrv fc 


Guatemalan snapper on display in Boston. 


what we eat is imported, easily. ” 

In its 1996 Year in Review, Seafood 
Market Analyst, a trade magazine, said 


America 


imported _ _ o __ 

iiwcnvui''.iai Hctvkj Tnbunc I food, most of it from Canada, Thailand, mon, at $620 million, with Japan ac- there’s always shortages.” 


$6.6 billion in sea- 


Fish Pier. “The seafood industry is 


leading exported fish was sal- seasonal. Everything migrates, so 


Very briefly: 


Compaq to Purchase Networker 


Dollar Falls on Talk of Japanese Intervention 


HOUSTON (Bloomberg) — Compaq Computer Corp. 
agreed Thursday to buy Microcom Inc., a maker of devices 
used to link personal computers to networks via phone lines, 
for $280 million, or $16.25 a share. 

The cash offer was 55 percent more than Microcom’s 
closing price Wednesday of $10.50 a share and a 44 percent 
premium to the company's three-month average closing price 
of $ J 1 .30. The stock rose $5,625 to $ J5.S75 on Thursday. 

Compaq said Microcom was a top manufacturer of remote 
access servers, or computers designed to funnel many personal- 
computer users calling in by telephone to a larger computer 
network. Compaq has been making acquisitions to broaden its 
product line beyond PCs and servers to compete with larger 
rivals such as International Business Machines Corp. 

• J.P. Morgan & Co.'s first-quarter earnings fell to $424 
million from $439 million a year earlier as securities trading, 
its biggest source of revenue, suffered amid the decline of U.S. 
stocks and bonds in March. 


Cerrqrird by Our SiaffFrcrv Dap&cha 

NEW YORK — The dollar feU 


against the yen Thursday on reports that 
Japan’s Finance Ministry ana central 


Japan’s Finance Ministry and central 
bank were planning to intervene to stop 
the U.S. currency's recent rally. 

The dollar reached a 55-month high 
against die yen Wednesday, and Japanese 
authorities believe the yen’s slide has 


The news report followed comments 
from other Japanese officials suggesting 
the dollar had risen too far. Japan's 
deputy finance minister, Tadashi Ogawa, 
said current foreign-exchange levels ' 
were excessive and that Japan would be 
“resolute" in correcting them. 


gone far enough, according to a report 
carried by the Nikkei news service, lbe 


FOREIGN EXCHANGE 


carried by the Nikkei news service. The 
report said authorities feared the yen's 
continued depreciation would increase 
Japan's trade surplus and could create 
trade tensions with the United States. 

The dollar fell to 125.850 yen in 4 P.M. 
trading from 126.805 yen Wednesday. 


Eisuke Sakakibara, director of the min- 
istry’s International Finance Bureau, 
echoed the view and added that Japan was 
talking with other members of the Group 
of Seven leading industrial nations on die 
matter. Japanese officials fear that a con- 
tinued slide in the yen could undermine 


global confidence in Japanese assets. 

U.S. Treasury Secretary Robert Rubin, 
meanwhile, said the United Stales would 
be watching closely to see how well Japan 
followed through on its pledge to get its 
weak economy hack on its feet without an 
export-led surge that could revive trade 
tensions. But he suggested the United 
States would not necessarily be a part of 
any currency-market interventions led by 


Japan to lift the value of the yen. 
The dollar also fell to 


The dollar also fell to 1.7194 
Deutsche marks from 1.7255 DM, to 
5.7805 French francs from 5.8045 francs 
and to 1.4685 Swiss francs from 1.4790 
francs. The pound rose to $1.6230 from 
$ 1 .6200. (Bridge News. Bloomberg ) 


ConfM M tV fnm An 

NEW YORK — Stocks 
fell Thursday as investors 
braced for inflation data due 
Friday that could prompt the 
Federal Reserve Board to 
raise interest rates again. 

The Dow Jones industrial 
average closed down 23.79 
points at 6.540.05, while de- 
clining issues outnumbered 
advancing ones by a 7-to-5 
ratio on the New York Stock 
Exchange. 

The Standard & Poor’s 
500-share index closed down 
221 points at 758.33. 

“Investors are searching 
for something to sink their 
teeth into,” said Charles 
Crane, market strategist at 
Key Asset Management. 
“With one-year Treasury 
bonds offering more than 6 
percent risk-free, a lot of in- 
vestors are saying die return 
on stocks is not sufficiently 
high to compensate for the 
extra risk." 

The price of the benchmark 
30-year bond finished steady 
at 94 4/32, with the yield at 
7.10 percent. 

The government will report 
retail sales and producer 
prices for March on Friday. 
The data could show in- 
creased inflation that might 
prompt central bankers to 
raise interest rates in May. The 
Federal Reserve Board raised 
its target rate for federal funds 
March 25, the first such in- 
crease in two years. 

“The inflation aspect may 
be favorable, but retail sales 
continue to show strength, 
and that's a concern," said 
Scott Graham, co-head of 


weak, with Intel dropping 5 to 
1 37(4 on expectations for n to 
aggressively cut prices on its 
microprocessois at the end ot 
the month. 

Informix was the most ac- 
tively traded UJS. issue, falling 
V* to 7 5/16 after Merrill Lynch 
cut its intermediate term ana 
long-term ratings on the data- 
base software company. 

PairGain Technologies 
dropped 4V6 to 25% after the 
telecommunications products 
maker’s earnings failed to ex- 
ceed expectations as in previ- 
ous quarters and the company's 
accounts receivable rose. 

Altera fell 2% to 47 after 
the maker of programmable 
logic chips was lowered to 
"hold" from “buy" by an 
analyst at Fahnestock & Co. 

Microsoft fell IW to 9654 
after the company said an up- 
grade of its popular Windows 
95 software may not be re- 
leased until early 1998. 

Safeway dropped 4‘/4 to 
4334 after the supermarket re- 
tailer said it had lower first- 
quarter gross profit and that it 
feared a strike at Canadian 
stores may hurt earnings. 

Merck rose 2 to 8356 after 
an analyst at NatWest Secu- 
rities Ltd. predicted the drug- 
maker’s shares would rise to 
100 in six months. 

(Bloomberg. AP ) 


attain N|i 


TCI Scraps 
Spin-Off 


government bond trading at 
Prudential Securities Inc. 

But many , chain stores, 
which released their sales fig- 
ures for March on Thursday, 
said sales were slowing be- 
cause consumers were reluc- 
tant to pay full prices after 
two months of post-Christ- 
mas clearance sales. 

That sent some shares fall- 
ing, including Wal-Mart, 
which lost % to 2854. and J.C. 
Penney, which fell % to 45 Vk 
“Shoppers seem to be will- 
ing to respond to strong price 
incentives, bin absent a good 
sale, they are holding back," 
Kurt Barnard of Barnard’s Re- 
tail Marketing Report said.. 
Technology shares were 


• U.S. Airways Group Inc. said it would not be able to buy 
the 400 planes it planned to receive from Airbus Industrie 
unless the airline reached an agreement with its pilots by Sept 
30 to cut costs. 


World Trade Seen Surpassing 1996 Rise of 4% 


• Lucent Technologies Inc., the former equipment arm of 
AT&T Corp.. said Bell Atlantic Corp. had agreed to buy as 
much as $1 billion of phone equipment over five years as part 
of a lawsuit settlement. 


• Telefonos de Mexico SA signed an agreement with its 
50.000-member union for a 19 percent salary increase. 


Garyied b* Ow Sl& Fran Dupadra 

GENEVA — World trade is expected 
to pick up this year, after growing a 
disappointing 4 percent in 1996 amid 
sluggish exports and imports in Asia and 
a recession in Europe, the World Trade 
Organization said Thursday. 

hi all. $5.1 trillion worth of roer- 


billion and purchases from abroad were 
calculated at $8 1 7.8 billion. 


operation and Development, in Paris. 
The WTO also predicted that many 


Germany and Japan were in second members of the OECD, which com- 


and third place. 


prises 29 of the world’s richest democ- 


Tbe WTO did not give a prediction for racies. should see their gross domestic 


the growth of world trade this year, but 
the organization said that the increase 
would be “led by a stronger perfor- 


• Sears, Roebuck & Co. will repay bankrupt customers who 
had been pressured to continue paying off their Sears credit 
cards even though their debts had been wiped out. Sears said 
the payments would affect 1997 earnings. 

Bloomberg. Reuters. AP 


ebandise goods and $1.2 trillion worth of mance in Western Europe and an ex- 


services were sold on international mar- 
kets last year, the WTO said. 

The United States remained the 


pansion of imports into Larin America 
and developing Asia." 

The prediction of new growth this year 


biggest global exporter and importer of is based mostly on die latest findings 


goods. Its foreign sales totaled $624.8 from the Organization for Economic Co- 


product grow in 1997 at the same rate as 
last year — if Western Europe enjoys an 
economic recovery. 

It added that in China and tire group of 
“six East Asian traders," where GDP 
growth rates are two to three times faster 
than in the OECD area, “growth is pre- 
dicted to pick up marginally." 

(AP, AFP) 


The Associated Press 

NEW YORK — Tele- 
communications Inc., 
tiie largest U.S. cable 
company, has scrapped 
plans to split itself up 
after the Internal Reven- 
ue Service declined to 
make the transaction tax- 
free. 

The company said in 
December that it would 
spin off its Liberty Media 
unit and its international 
businesses as part of an 
effort to stem losses, re- 
duce a heavy debt load 
and lift, fee company’s 
sagging stock price Jn 
late trading Thursday, 
TCI shares were $1 1.125 
apiece, down 25 cents. 


AMEX 


U. S. STOCK MARKET DIARY 


Thursday’s 4 P.M. Close 

The top 300 most oefive stare* 
up to Itie dosing on Wol Street. 

The Assoatted Press. 














INTERNATIONAL HERALD TRIBUNE, FRIDAY. APRIL II. 1997 


PAGE 19 



'■ : 




Rtk 
•i /Wc 


China’s Surprise: Low Inflation 

But Positive Data Mask the Uncertainty in Economy 


By Seth Faison 

Hr* Yurt Times Sm-ir* 


SHANGHAI — At an international 
business conference here. Prime Min- 

ister Li Peng dropped a piece D f un- 
expected good economic news- 
Uuna s annual inflation rale fell to 3 
percent in the first quarter. 

Not even the country’s most op- 
nmisnc economic forecasters had seen 
this coming. For now, China’s leaders 
appear to have achieved what looked 
impossible not long ago: steadily high 
economic growth accompanied bv 
ever-lower inflation. 

With the economy expanding at a 
jaunty 9.7 percent pace in the first 
quarter, many economists say it is re- 
markable that inflation could have fallen 
as low as 3 percent, compared with a 6 
percent rate in the first quarter of 1996. 
They added that die figures might have 
been affected by short-term factors such 
as an unusually strong harvest and over- 
production of some goods. 

.Still, Mr. Li painted a rosy economic 
picture, predicting that economic 


growth would continue sreadily ar an 
annual rate of 8 percent over the next 
three years and average 7 percent in the 
subsequent decade. 

“The fulfillment of this goal will 
enable die country’s overall national 
strength, and people’s living standards, 
to reach a new high.” Mr. Li said 
Wednesday. 

Economists said there were two 
main reasons for the decline in in- 
flation. One was that the central gov- 
ernment had maintained the relatively 
tight monetary policy it started in 1993; 
the more immediate reason seemed to 
be that a bumper harvest in 1996 had 
led to lower pices for grain and other 
foods: which are the main components 
of China’s retail price index. ‘ 

“On the surface, it looks like good 
news,” Nicholas Kwan, senior econ- 
omist at Merrill Lynch & Co. in Hong 
Kong, said. “But there are also ele- 
ments that are abnormal or particular to 
this year’s first quarter.” 

On top of the low grain prices, an 
oversupply of industrial and consumer 
goods led ro lower prices in those areas. 


Mr. Kwan said. “It’s not because con- 
sumer demand is really that weak but 
because producers are* reaching capa- 
city,” he said. 

In a sophisticated market economy. 
Mr. Kwan said, supply comes pretty 
close to matching consumer demand. 
But in China, factories may keep pro- 
ducing certain goods even when de- 
mand for them is falling and there are 
shortages of other goods. 

Thus, for all the positive data on 
growth and inflation, deep uncertain- 
ties persist in Oiina’s economy. 

The immediate outlook, however, is 
noticeably brighter than it was in the 
summer of 1994, when inflarion 
peaked at 24 percent a year and 
frightened Chinese leaders, who feared 
that it might lead to political unrest. 

Since an austerity program kicked 
in. inflation has dropped steadily, ac- 
tually falling below the government’s 
target in 1996. when it came to 6.1 
percent. For 1997, the official forecast 
is for inflation of 6.0 percent, although 
the first quarter’s results could take it 
even lower. 


Bloomberg News 

SEOUL — Every time the yen falls 
against the dollar, it lands on South 
Korean exporters. 

Whether in ships or cars, steel or 
electronics, Japanese and South Korean 
companies compete in many of the same 
markets, and currency fluctuations can 
make or break a sale. . 

“Unfortunately. Korea’s major ex- 
porters happen to compete with Japan- 
ese companies.” Lee Chang Sim, an 
economist at LG Economic Research 
Institute, said. “What’s good for Ja- 
panese companies is bad for Korea.” 

V The yen has lost a fifth of its value 
against the dollar since the start of last 
year — and almost 8 percent in the past 
three months. The South Korean won 


Korea’s largest automaker, is a typical 
yen casualty. 


In early 1995, Hyundai’s midsized 
Sonata sedan sold for SI 3399 in 


the 


United States, about 1 0 percent less than 
the Accord made by Honda Motor Co. of 
Japan, which cost $14,800. 


because of the slump in the yen — 
jlfaj 


which makes each dollar earned over- 
seas worth more when it is brought home 
and converted into Japanese currency — 
Honda has needed to raise the price of its 
Accord just 2 percent in the past two 
years, to $15,100. But Hyundai now 
charges $ 14,699 for a Sonata, narrowing 
the price gap to just 2.7 percent 

“It is really difficult to compete with 


has dropped less than that against the 
dollar, giving it a gain of 2.7 pert 


percent 


LT.i 


-■■'til 


giving 

against the yen this year. 

In 1 996, Japan and South Korea listed 
24 of the same items — including ships, 
semiconductors, automobiles and ma- 
chinery — among their top 50 exports. 
South Korea's exports of those 24 items 
reached S55.3 billion. 43 percent of its 
total. For Japan, the same items earned 
SI 86 billion. 45 percent of its total ex- 
ports. Hyundai Motor Co.. South 


New Models From Kia 


Reuters 

SEOUL — Kia Motors Corp., facing 
lackluster local sales, hopes to lure con- 
sumers with several new models in the 
months ahead, South Korea’s second- 


largest automaker said Thursday. 
Kia; 


. said ir would introduce an upgrade 
of its subcompact Sephia around the 
middle of the year and anew minivan and 
midsized sedan in the second half. 


i .1 


Wc announce with deep sorrow 
the passing of our beloved 


Evelyne Safra Nasser 


April 8, 1997 
Sao Paulo, Brazil 


Mr. Rahmo Nasser 

Mr. and Mrs. Ezequiel Nasser and their children 
Mr. and Mrs.' Jacques Nasser and their children 
Mr. and Mrs. Raphael Kassin and their children 
Mr: and Mrs. Edmond Safra 
Mr. and Mrs. Moise Safra and their children 
Mr. and Mrs. Joseph Safra and their children 
Mr. and Mrs: Ralph Michaan and their children 
Mr. and Mrs. Ernest Freidler and their children 
Mr. and Mrs. Eliott Safra and their children 
Mrs. Elie Safra and her children 
Mr- and Mrs. Albert Safra 
Mr. and Mrs. Victor Smaga and their children 



The Board of Directors, 
management and employees of 
Republic. National Bank of New York 

and 

Republic New York Corporation 
express their deepest sympathies to 
the Safra family on the passing of 


Evelyne Safra Nasser 


April 8, 1997 
Sao Paulo, Brazil 


Dow Jones Embarks 
On Venture in Japan 


|‘| V 7 fr- -r h . 

TOKYO — Dow Jones & 
Co.. Nihon Keizui Shinibun 
Inc. and Quick Corp. w ill cre- 
ate a new electronic financial 
news service for equities, the 
companies said Thursday. 

The alliance will link 
Quick ’s financial information 
service with Dow Jones Fi- 
nancial Markets, formerly 
known as Telerate. The 
companies will exchange 
news articles, securities 
prices, fundamental data and 
analytic tools. 

The first jointly produced 
products will be released as 
early as September. Dow 
Jones said. 

Nikkei/Quick and Dow 
Jones will combine their 
newsroom operations in Ja- 
pan under joint editorial di- 
rection and produce a service 
in English and Japanese. 

Quick is pan of the Nikkei 


Group, which publishes Ni- 
hon Keizai Shimbun. Japans 
largest -circulation daily busi- 
ness neu spa per. 

The alliance with Nihon 
Keizai and Quick w ill noi af- 
fect Dow Jones' relationship 
with Kvodo News. Japan's 
largest new s, service. 

Kyodo has exclusive rights 
to sell Dow Jones Markets' 
news and data terminals. Dow 
Jones Markets and its users 
have access to Kyodo's Ja- 
panese-language new s. 

Dow Jones Markers ba> 
12.000 terminals in Japan, a 
Kyodo spokesman said. 
Quick officials said the com- 
pany has 46.000 terminals 
world w ide. most in Japan. 

On Wednesday . Dow 
Jones said that its first -quarter 
profit fell 33 percent, largely 
because of a’ steer drop in 
income from Dow Jones Mar- 
kets. f Reuters. Blovmberei 


Investor's Asia 


Hong Kong 
Hang Seng 


Singapore 
Straits Times 


Tokyo 
Nikkei 225 



N D J F M A 
1996 1997 


^ M D j F M A 


1996 


1997 


M D J " M A 
1997 


1996 


Exchange 

Index 

Thursday 

Close 

Prev. 

Close Change 

Hong Kong 

Hang Seng 

12,358.70 

12.426.68 -0.55 

Singapore 

Straits Times 

2,087.27 

2.10320 

-0.76 

Sydney 

M Ordinaries 

2392.90 

2,38920 

+0.15 

Tokyo 

Nikkei 225 

17,485.75 

17.703.37 

-1 .23 

Kuala Lumpur Composite 

1.14736 

1.163 85 

-1.37 

Bangkok 

SET 

71339 

712.63 

+0.18 

Seoul 

Composite index 

688.04 

638.66 

-1.52 

Taipei 

Stock Marker Index 8384.12 

8,655-82 

-0.83 

Manila 

PSE 

2.949.02 

2.909 30 

+1.37 

Jakarta 

Composite Index 

63536 

63822 

-0.42 

Wellington 

NZSE-4Q 

2^33.85 

2.220.70 

+0.59 

Bombay 

Sensitive index 

3398.37 

3,650 83 

-1.44 

Source : Tetehurs 


Ir. 

HcMJ TnPiv 


Very briefly: 


% Sinking Yen Squeezes South Korea’s Exporters 


Japanese cars with the same price tag.” 
said Min Kyung Hwan. a Hyundai 
spokesman. “The general perception is 
that Korean car quality is inferior to that 
of Japan." 

To make matters worse. South Korean 
automakers cannot count much in terms 
of domestic sales, because of their sat- 
urated borne market. 

Last month, domestic vehicle sales 
fell lOpercentfromayearearlierevenas 
exports rose 26 percent, and South 
Korean automakers for the first time sold 
fewer vehicles at home than they did 
overseas. 

The falling yen has had the same effect 
on ships. Prices of 300.000-ton oil tankers 
have dropped by a quarter since 1993. 
when South Korea overtook Japan as the 
world's biggest shipbuilder. But wages 
paid by South Korean shipbuilders have 
risen an average of 10 percent a year since 
then, squeezing profits. 

“Our profits will fall this year due to 
the weaker yen, and we're not happy at 
all.” said Aim Wook Hun, a spokesman 
at Daewoo Heavy Industries. Korea's 
second-biggest shipbuilder. “Some 
Korean companies are already selling 
ships that are just 5 percent cheaper than 
Japanese vessels." 




• Mazda Motor Corp.’s president. Henn Wallace, said 
benefits from its link to Ford Motor Co., which owns a one- 
third share of the Japanese carmaker, w ould begin to show- 
after 2000. Mr. Wallace said Mazda would unveil a general 
outline for sharing an automobile platform w itb Ford in a week 
to 1 0 days. 

• China Light & Power Co. signed an agreement w ith Exxon 
Energy Ltd. and several Chinese utilities to build a " billion 
Hong Kong dollar i $903.5 million) power plant in southern 
China. The plant is part of the Hong Kong utility ‘s move away 
from a slowing domestic market. 


of rising production costs and falling prices, a Chinese news- 

Tim 


paper reported. The China Business Times said producers of 
10 major nonfenous metals saw profits slide by 3.2 billion 
vuan i $384.3 million i last sear. 


• Development Bank of Singapore Ltd. confirmed that it 
was holding talks with Sri Dhana Finance & Securities, a 
Thai finance company in which it holds a 10 percent stake, 
amid reports of a merger betw een the two companies. 

Ri/iter.:. BU\*nrvre. AFP. 


• Thailand *s central bank plans to help stabilize the country ‘s 
troubled commercial banks by reducing their debt, a senior 
official said. 


• China will improve its environment for foreign investors by | 
encouraging competition, increasing the transparency of j 
policies "and information, and liberalizing investment re- 
strictions. the deputy prime minister. Li Lanqing. said. He 
added that China was seeking foreign investment in in- 
frastructure projects, on which it planned to spend more than 
$280 billion in the next five years. Mr. Li also said Beijing 
opposed discriminatory' trade practices. 

• A U.S. court rejected a proposed S6 billion class-action suit 
against Freeport-McMoRan Copper & Gold Inc. that 
charged that security guards at a mine in Irian Java operated by 
the company’s Indonesian subsidiary. PT Freeport Indone- 
sia. had abused villagers nearby. 

• Australia's employment rolls dropped in March by 33.900. 
suggesting the economy was sluggish and diminishing the 
likelihood the central bank would raise interest rates this year. 
Despire the decline, however, the unemployment rate dropped 
to 8.7 percent, as fewer Australians looked for work. 

• Thailand's $500 million Yankee bonds targeting U.S.- 
based investors have been assigned an “A'* rating by Stan- 
dard & Poor's Corp. 

• China’s nonferrous metal industry is facing a crisis because 



CALOR. ROWENTA. SEB. TEFAL 

1 st QUARTER CONSOLIDATED SALES 



1997 

iFRF millions i 

1997/1996 

1997/1996 

At cwiMani 
e-ichantje ratrx I 

European Union 

.. 1.U5 

- 4 

- 4 

including France 

... 595 

- 6 


includin': Germany — 

... In" 

- 5 

- ,1 

American continent 

... 359 

+ 18 

+ 7 

including NAFTA 
iL’SA - Cifl-iiii - M«Kmi 

. 537 

-14 

_ ; 

Other countries 

... 666 

+ 60 

+ 65 

Total 

... 2J70 

+ 12 

+ 9 



? rn nf fu rlrr JU ! qrinri n r 












PAGE 20 


ESTERNATIONAL HERALD TRIBUNE, FRIDAY APRIL XL, 1997 

EUROPE 


C • m 1 _ I Prague Strikes Back on Fraud 
htance m lax Debate T ' rnr ■„ D , „ . 

Investors Lalljor further Steps as Top Regulator Quits 


Cvmpiiaitry Or s*!f Fvn Dapatha plan to resume talks Tuesday with 

FRANKFURT — Finance Min- the Social Democrats on what 
ister Tbeo Waigel signals! would be the country's biggest tax- 
Thursday that the German govern- revision package since 1949. 
ment may be willing to cut payroll Analysts said die government and 

contributions for social welfare pay- opposi lion still had a long way to go 
merits by raising die value-added before reaching a compromise, but 
sales tax and gasoline tax. they remained confident that change 

The move would be a bow to the was on its way this year, 
opposition Social Democrats, but Mr. Economists say it is vital for the 

Waigel told the daily Bild that he was economy that a compromise be 
“willing to compromise." reached by the end of the year, be- 

' 'Germany needs this tax reform cause the planned reductions in cor- 
so that the jobless rate can be re- porale and personal income taxes 
duced permanently,” be was quoted are designed to help revive con- 
assaying. “But of course, both sides sumer demand, 
need to approach one another in “Tax reform is perhaps the most 
such talks.' 1 important policy project on the table 

Chancellor Helmut Kohl's Chris- at the moment,’’ Joachim Fels, an 
tian Democrats and the junior co- economist at Morgan Stanley Ltd. in 
aiition partner, the Free Democrats, London, said. “It’s imperative to 

getting the potential output out of 
die economy." 

TnlnlrAwi | ■ Tax -re form plans have taken on 

1 eieKOm I ■ 1 1 W particular importance as Germany 

scrambles co meet the fiscal criteria 
X *P, set down in the Maastricht treaty on 

JLlltS Jr FOIlt European union so that it can be 

among the founding members of 
A - IV. 1 _ Europe's planned common currency 

At Uresoner in 1999. The criteria call for single- 

currency participants to trim their 

CVwpffe* tn Oar Staff Fran Dupatcba budget deficits tO no mOTC than 3 

FRANKFURT — Dresdner Bank percent of gross domestic product. 
AG. Germany’s second-largest bank, Germany is struggling to achieve 
said Thursday its net profit rose 31 this goal with joblessness near re- 
percent last year as Deuta±e Telekom cord highs and growth still heavily 


Telekom IPO 
Lifts Profit 
At Dresdner 

Canpdtd by OtrSuffFnm Dupatchn 

FRANKFURT — Dresdner Bank 
AG. Germany's second-largest bank, 
said Thursday its net profit rose 31 


By PeterS. Green 1 -25 billion koruny ($42J> million) rests followed complaints by the 

special to the Herald Tribune last month when the latest of sev- fund’s new owners, Regent Pacific 

enu owners liquidated its assets- Group, which found Trend’s cof- 

PRAGUE — The chief hnan- and transferred them out of the fers empty when it took control of 
ci a] -markets regulator resigned country, leaving fundholders with the company last summer. 
Thursday amid signs dial die Czech nearly worthless shares in a Bo- “We. know dial this problem is 

Republic may be cracking down on hemian chicken farm, serious, and we will fi pd the best 

financial fraud. But investors said Press reports said Mr. Rudlov- solution for die situation, to do die 
the government still had a long way cat had approved fee company’s- most to prevent other cases like 
to go to make the country’s markets move even as a Finance Ministry, tins,, but how we do it will be 
safe and attractive. fraud unit had been advised ttte subject to negotiations.” Martin 

Vladimir Rudlovcak, deputy fi- transfer of funds could be suspect. , Kocourak, nramonifc adviser to 
nance minister and senior regular- Mr. Rudlovcak’s resignation Mr. Klaus, said, 
or. had come under pressure to step came as a senior adviser to Prime Triaw ir . chairman nf Par- 
down as a result of allegations that Minis ter Vaclav Klaus agreed to ria Finance, an investment hanir. 
he had foiled to stop fee embez- push fora cabinet-level commission called this week’s measures “a 
zlement of milli ons of dollars from to try to clean up fee country's cap-. change. that has been forced on the 
several large investment funds. ital markets. Mr. Klaus is expected' gov ernment by events, rather fepn 
The Finance Ministry said Mr. to announce a reform package after one that they would believe in." 
Rudlovcak had blamed his resig- his cabinet meets Wednesday. . He saidPrague was “refusing to 
nation on “a long-term, strong me- In other actions this week, the accept fee fact feat its future de- 


safe and attractive. 

Vladimir Rudlovcak, deputy fi- 
nance minister and senior regulat- 
or. had come under pressure to step 
down as a result of allegations that 
he had foiled to stop fee embez- 
zlement of millions of dollars from 
several large investment funds. 

The Finance Ministry said Mr. 
Rudlovcak had blamed his resig- 
nation on ‘ ‘a long-term, strong me- 


dia campaign’’ directed at himself police arrested two managers wfao 
and the ministry over fee failure of allegedly had defrauded the Trend 


the funds. Mr. Rudlovcak has not 
been charged wife any wrongdo- 
ing in the case. 

One fund, CS Foody AS, lost 


Value investment fund of about I 


He saidPrague was “refusing to 

accept fee fact feat its future de- . 
pends primarily on its own ability 
to attract capital and added, “The 
danger is Lack of economic growth. 



rT-*- *" ****** - - 1 

.<«\..r srf : i- 

.. . - • „. 




billion koruny of stock, including a which will condemn this country 
majority stake in Prague’s leading to lagging b ehin d EU member 
department store, Kotva. Those ar- states forever.” 


Very briefly: 


•Lufthansa AG and the service-sector union DAG , which 
represents about 10,000 pilots, cabin crew and ground staff, 

Sony Finds Eastern Europe Competitive 

.A. ■ Jl exriectaiions in 1997. a survey of fund, managers found; Eastern 


Reuters 

percent last year as Deutsche Telekom cordlughs and growth still heavily BUDAPEST — Executives of Sony Corp. said “Central and East Europe represents about 10 per- • Denmark’s seasonally adjusted unemployment rate reaiio 
AG’s initial public offering raised its dependent on a depreciated cur- Thursday that the company intended to expand in cent of total European business.” Mr. Idei said, “so I 8.1 percent in February from 8.2 percent in January, largely 

- - , . -T n r j :u: j : _ j i : - ... _ ■ . u. w w aBurii! that nmnvM cer- 


billion to $12 billion in revalue, from Europe. 


expectations in 1997, a survey of fund manners found; Eastern 
Europe and T -ntin America were the most favored regions. 

• Denmark’s sea so nally adjusted unemployment rate fell to 


commission and trading income. 

Profit rose to 1.58 billion 
Deutsche marks ($915.7 million) 
from 1.21 billion DM in 1995 as net 
commission income rose to 4. 1 3 bil- 
lion DM from 3.05 billion DM. 

Dresdner was one of three banks 
that acted as lead managers in fee 
sale of Deutsche Telekom shares in 
November. The bank said trading 
income rose to 666 5 million DM 
last year from 592 .5 million DM, 
while net interest income rose to 
6.62 billion DM from 6.23 billion 
DM. Dresdner increased its provi- 
sion for bad loans to 1.1 billion DM 
from 1.07 billion DM. 

Dresdner said 1997 had started 
strongly, wife net commission in- 
come up significantly. The chief ex- 


rency lifting exports. 

Mr. Waigel reiterated Thursday 
that Germany would meet the 
Maastricht target. 

“I have not changed my view,” 
he said at a speech in Ludwigsburg. 
“I will oppose any weakening of fee 
criteria.” In a reference to fee deficit 
limit set by the treaty, he added, 
“Three is three." 

He said he was responding to 
recent speculation that Germany 
was considering a looser interpret- 
ation of the criteria. 

Mr. Waigel also said a delay in 
introducing the single currency 
would tend to raise the value of the 
Deutsche mark and damage German 
exports. 

“That will depress our exports. 


Eastern Europe, describing the region as competitive think a local investment for manufacturing will also because of government-sponsored programs feat removed cer- 
wife Southeast Asia. accelerate our penetration of these markets. tain categories of unemployed people from fee jobless rolls. 


“We have a strong intention to expand our man- 
ufacturing in East and Central Europe," Sony’s pres- 
ident, Nobuyuki Idei, said during a meeting for Sony 
suppliers in Hungary. 

He did not announce any specific expansion plans. 
But he said Sony, which has factories in Hungary and 
Slovakia, already got one-quarter of its business, or SI 1 


Jakob Schmuckli, c h ai rman of Sony Enropa GmbH, . Credit Suisse Group plans to launch a direct-banking 
feat with the opening of Eastern Europe, fee service on the' Internet on Monday, making it the first of 
Continent, has a chance to re-establish itself as one of Switzerland’s faie commercial banks to offer such a service as 
fee global supply bases.” He said Sony planned to ^ hanW battle to cut costs. 

expand employment at its 30 million Deutsche mark ... , 

($17.5 milhon) home audio-video plant in Godollo, •Italy’s nev^-car- registrations surged 25 percent m March 
Hungary, from the current 300 to 600 or more. from a year earlier, bolstered by government incentives to car 

buyers. Bloomberg, Reuters 


$ 4.2 Billion North Sea Energy Plan Cleared 


Bloomberg News 


of Aberdeen, Scotland, that will be new developments in the North Sea, 


Renault Strike in Belgium to End 

Cm^ted by Om-StffFnimaipaxka 

BRUSSELS — Two-thirds of the 3,100 workers at the 


ecutive, Juergen Sarrazin, said gains jobs will be lost and public finance Thursday, including a £400 million gin/Franklin fields contain 2 5 trfl- 

r .1 1 1 > _ ..^11 ...cr,. ” 1 — ~aa:~~ iccin i;—~ 1 1:™ f — . — 1 cnc :i 


proved 
Sea oi 


from securities in the bank's port- 
folio had laid a “solid foundation” 
for 1997 but warned that risk pro- 
visions would continue to be 
burdened by corporate insolven- 
cies. (Bloomberg. Reuters) 


will suffer.” he said, adding that it 
would force Bonn to 1 'transform the 
country's economic structures even 
foster and more radically than we 
now plan to do.” 

( Reuters . Bloomberg, AFP) 


that it ($649 million) pipeline, that will be lion cubic feet of gas and 506 mil- area “key piece in the central North 
ran the developed over the next five years, lion barrels of condensate, a light oil Sea jigsaw," said Heinz Rother- 
Royal Dutch/Shell Group and Elf used by the chemical industry. That mimd, managing director of Shell’s 
Aquitaine S A will develop two sep- is enough gas to supply all of Britain exploration imit. He said they would 
arate oil and gas fields about 130 for more than a year. ‘ ‘help ensure UiC gas supplies well 

miles (210 kilometers) off fee coast The projects are among fee biggest into the new millenni um ” 


pected to reach peak production in carmaker’s plans to dose the factory, union officials said, 
s next couple of years. “Work will start on Monday but only under certain con- 

Forfeeoil industry, these projects ditions," said a union official, Hendrick Vermeersch. He did 
5 a “key piece in fee central North not elaborate. 

a jigsaw," said Heinz Rother- Renault’s decision toclose the factory as part of a long-term 

and, managing director of Shell’s plan to cut costs has been protested throughout Renault 
ploration unit. He said they would operations in Europe. The factory has been occupied by 
“help ensure U.K. gas supplies well strikers since fee announcement Feb. 27 that it would be 
into fee new millennium." closed by July 31. (AFP, Bloomberg) 


, *£•;. 
*41 

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.j 

'ji fS*‘ 

‘ fir.** 

.'i l JnJi 

:UL 


V\VT 


WORLD STOCK 3RARKETS 


High Low CJose Pm. 


Higfc Law On Pm. 


Thursday, April 10 

Prices b) local cmrendas. 

Tefekurs 

Migfc Low Close Pm 


Amsterdam 


AS N -AMRO 136J0 
Aegon 
AboM 134.90 

AkzoNoM 2&3> 

Bom Ca 
Bote Wesjcw 
CSMCV0 
DontechePef 
□SM 186J0 

EJsHter 
Forts Ame* 

Geftonks 
Cancan 
Knenwyar 

Hiowkai XtSJSD 

Hooooreoscfo 92.10 

Hunt Dougtas 
I NO Gimp 
KLM 
KNPBT 
KPN 

NeAmlGp 
Nutrlda 1BJS0 

OceGrirtfen 
pnBpsEl ec 
FulyiHuni 
Ran£kKSHdg 
Robeco 14050 

Rodonco 59.90 

RoBnco 16430 

ROfBrtO 5®mj 

RayriDufcti 331.90 

Unumrcw 35750 

Vendor lid 
VNU 

WottenKJcva 23420 


um AEX Woe 733X7 

Pretfoas: T3&59 

12650 124X0 12450 127.10 
13080 129 129 JO 13090 

134.90 13350 13450 135^0 
26950 25750 26750 270 

9080 09 JO 90 91 JO 
3750 3SJ0 3750 37 

107 109 JO 10950 
3 55 351 3S2 3SX50 

186J0 18480 185.10 1 8750 

31.10 300 31 31.10 

71 4950 7040 71 

6080 59 JO 5950 <090 
62J0 61^0 6250 6150 
161 15850 16050 161 

iKa 322 32430 32430 

92.10 91.10 9150 9230 
152 15250 15259 

7410 7140 7410 7420 
5550 55.10 5550 5550 
3930 3010 3850 39.10 
6850 66J0 4850 49 

4850 48 48JB 4830 

38750 284 285 28750 

240 237 239 240.10 

8950 8730 88 8950 

94 9450 95L40 96M 
164 16150 162.70 143 

16050 15950 15950 159.50 
5950 5950 5950 5950 
16430 16330 14170 16350 
10850 10850 10850 10830 
33150 32850 33050 33030 
35750 351.5® 35480 35110 

90.10 8850 89.90 89.90 
40-30 3930 3950 «M0 


S A Breweri es 

JHWi—Mw. ,a#sf„l*rex, ISsof! 0 "... 

Deutsche Bank 90.10 8956 8955 9050 

DeutTEtekarn 3750 3755 3735 37.93 TigerOats 

Dresdner Bank 5850 5750 5752 5830 

Fresenko 375 347 “■ ™ 


Fried. Kropp 

HeMeSbgZmt 

HenkHpM 

HEW 

HrcMtaf 

Ho edrd 

Kantudt 

U nde 

Lufthansa 

MAN 

ManiMsmann 


13550 13425 13450 13S35 VendameLsuts 
5335 5335 5335 5125 Vodafone 

5235 .5150 5135 5] 35. Whitbread 

187 184 187 186 WiBmtsH 

7750 7435 7735 7735 Watsefey 


W18amsH2« 
Wobetey 
WPP Group 


5.18 5.13 

244 2J9 

7.«S ; 735 
130 116 

496 487 
254 2 52 


5.13 5.13 

241 245 

747 74L 

119 119 

4^0 499 
253 252 


Law dose Pm. Wgb Law Oosa Pro*. 

Electrolux B 446 45850 463 444 

rtrj»-MTB Ericsson B 25050 245 25050 250 

— fnXlntSnSa- ^ -w ubb — sas jag. 


Bangkok 

Artr (nfo 5« 
Bangkok BkF 
KrungTholBk 
PTTExptar 
Stan Ceroenl F 
Stan Cora BfcF 
T el e ai masla 
Thai Airways 
Thai Farm Bk F 
Utd Comm 


RWE 
SAPpfd 
Schwlng 
5GL Canon 
Stemens 
Springer (AmO 

Suertajcker 

VET 

VEW 

VoSLiooen 

Helsinki 

EraaA 

HiriitowMI 

Kendra 

Kesko 

MertaA 

Metro 3 

Motea-SeriaB 


SET tadBE 71349 MoUa A 
PRVtoas;71243 (Mw-YMyinae 


370 

367 

369 

358 

15855 

15650 

158 

15750 

316 31350 

315 

315 

11X70 

11250 

113 1113) 

14110 

143 

14110 

143 

91*5 

9130 

*150 

91 

492 

4*2 

(LOO 

XOO 

6950 

6X20 

69.10 

6X75 

6X80 

6830 

6X70 

6X80 

528 

526 52650 

534 

1115 

1107 

1115 

1122 

2255 

21.90 

21*5 

2245 

469 

459 46430 444m 

650 

644 64550 64450 

(13640 

3630 

3650 

36.11 

158 

156 

156 

159.10 

4110 

4080 

4105 

4135 

44650 44X10 44350 

441 

1250 

1250 

1250 

1250 

6850 

67.40 

67-40 

68*5 

289 

285 28750 29050 

171*0 

16950 

170 

169 

240 

238 23X50 

2B 

87.45 

06*0 

8735 

8X05 

1370 

1370 

XOO 

0O0 

838 

821 

821 

HSI 

366 36250 

366 

363 

9350 

9250 

93 

9115 

499 

499 

499 

500 

758 

752 

755 

759 

1000 

967 

996 94150 


Kuala Lumpur 


AMMB Hdgs 
Genfing 
Mai Banking 
Mai Inti S hip F 
Petronas Gas 
Pnkm 
Pubflc Bk 
Renoaa 
Resorts Wadd 
RaStmors PM 
SbneDrafa* 
TeManMal 


London 

AMey Nan 
AfBedDamecq 
Anglian Water 
Aigos 
Asdo Group 
Assoc Br Foods 
BAA 
BuiUuys 
Bass 
BAT bid 
Bank ScoUomt 
Blue aide 
BOC Group 
Boots 


r Pnwlow: 114185 

19.10 1850 19.10 1930 
15 14£0 1490 15 

2735 27 2735 2735 

4.15 6.00 6.10 i::s 

9.10 9 9.10 9.15 

1540 1550 1540 1540 
431 446 4^8 470 

192 334 17B 192 

1030 10 ID 1030 

2180 2240 2180 2240 
840 835 840 840 

19.10 1850 1840 1930 
1110 1140 1140 12 

2030 2050 2040 2030 
1110 1140 12 1120 


FT-SE 180:431140 
PrevtoUK 429250 


Madrid 

Acerinox 

ACESA 

Agues Baicekm 
Araenkula 

Banesn 

BartiWef 


18 18.14 1805 


Baba bKhsc 48044 
PrevtooK 48248 


AlrUoaide 

Alcan Ablti 

AXD-UAP 

Bancalre 

BIC 

BNP 

Canal Plus 
Carrefoar 


20050 199X 20000 20200 

1465 1635 1435 1440 gmefQ 

5390 Ski 5350 5430 Casino 

6220 4150 6170 6220 

8690 8540 8420 8750 ££**”] 

1090 1075 1080 1085 ChfMfc 

19300 19180 19200 19310 £££ 


Baa Centra Hbp 3830 37B0 3795 3845 


230 220 224 226 

N.T. N.T. N.T. 278 

38 3735 3735 3735 

332 328 328 328 

488 480 484 484 

140 136 IK) 137 

<750 4650 4735 47 

46 4550 4573 4550 

125 122 124 122 

170 168 169 169 


(MotampaA 

UPMKymmene 

Vofenel 


H EX Genenri index; 2849.1 6 BaikSratt 
Prtitas: 287182 BlueOrcte 
BOC Group 

4119 41.90 4150 42 B001S 

23860 234 235 244 BPB M 

5A20 533® 5 430 5360 BrtAerasp 

7260 7150 7260 72 Brt Airways 

1450 1630 1650 1660 BG 

14150 140 141 14460 Brit Land 

3750 37.10 3730 38 Brit Petal 

125 12350 124 124.90 BSfcyB 

30150 302 30450 308.90 BrltSleef 

197 196 196 197 Bril Telecom 

M 91 91 9110 BTR 

115 I125S 11350 116 ButmatiCa 

90 89 6950 8950 Burton Ga 


Bombay seBsmoweB amo 

Pnnrto es! 365058 

Bata Auto 94735 9S5 941 97550 

Hindus Lnef 1040 1(08104435106150 

HtadustPeflm 385 380 3B150 38350 

Ind De* Bk 9135 89 TO 92 

rrc 38450 369 38335 387.75 

Mahsnagor Tel 27135 262 27025 26735 

Reflancelnd 272 25850 2665a 27435 

State BklBdlo 28350 27035 27550 28450 

Steel Authority 2150 2035 21 2035 


Hong Kong "-jggjsa 

8.10 755 7.90 835 

2435 56 3405 3630 

12 1150 12 12 

6435 64 6475 6435 

CKInfrastruct 2160 2160 2160 2135 

CWna LtoM 3450 315C 3450 33513 

CfflcPodHc 38 3750 3730 37.90 

Deo Herat Bk 35.10 3460 3490 3430 

First Pcdflc 935 9.90 930 10 

Hang Lung De* 1450 1435 1435 1470 

gg 7935 7935 7935 
750 7.75 750 755 

64 6235 6175 6335 
1480 1460 1460 1435 
2760 2750 2755 2760 
1345 1110 1355 1155 
Hopewe ll Hdgs 405 4 403 405 

-v- lmJ0 lga9) , 8lJB ]61 jo 

S6 2S S5J0 56 56 

23 2230 2250 23.QS 


Caflny PodBc 
Cheung Koagi 
ac intrastmSI 


steel Authority 2150 
Tola Eng Loco 38150 


Brussels 

Ainraq 

Bam Ind 

BBL 

CBR 

Cotrayt 

Detfeibe Lion 

Etaaraw 

EJedraflna 

Forth AG 

Gevoert 

GBL 

GenBanque 

KredWftank 

Pehuliua 

Pwerfin 

RoyOb Beige 

SocGen Bstg 

Saba* 

Tradebrt 

UCB 


BEL30 tadec 212069 
Pmtoas: 212054 

13800 13600 13700 13700 
9«® 5870 5870 5900 

7800 7720 7780 7720 

3450 3380 3445 3390 

14100 139S0 14075 14000 
1805 1745 17S5 1780 

I'm 781,1 7830 7840 

3510 34B0 3505 3520 

«Q0 5950 SJ50 S953 

2570 2550 2550 2540 

,5130 5090 5120 514® 

13575 13300 13475 13600 
12775 12600 12750 12600 
12050 11950 11975 12025 
4873 4840 4850 4890 

BS70 8720 8860 8760 
3005 2980 2995 3000 

20350 20200 20225 20250 
14825 14700 14725 14775 
89900 88900 89200 90000 


HendecaaLd 
HK China Gcs 
HK Electric 
HK Telecomm 
HepawenHdgs 
HSBC Hdgs 
Hdtchhan Wh 


HotditeanWh 

HysanDev — — - 

Johnson El Hdg 1955 1930 1930 1935 
Keny Preps 17.90 1760 1730 17.95 

New Woitd De* 4130 4030 4030 4168 


363 2.93 2.95 3 

555 550 555 550 

77.3S 7635 765® 7750 

5.10 5 5 5.15 

7M 735 7.40 760 

7.10 655 6S 7 

6025 5950 60 6025 

31.10 3050 30.70 3160 

.17 16J5 1650 17.15 


Copenhagen 


Previous: 53155 

BG Bank 292 289 290 290 

Ctoisfierg B 388 382 382 385 

codanFars bum m mja B7S 

Dartsen 400 385 397 400 

DaDanskeBk 550 545 548 549 

CV5 Svcndbrg B 277500 265000 277500 264000 

DA 1912 B 1910W 18W0 190400 184008 

FLSlndB 90S 895 905 901 

KabLnObOvne 656 646 65X50 650 

Nvo Norilsk B ® f « 

SaatasBerB 828 B14 825 827 

TwDanmfcB 34950 343 347 347 


Cateeal Press 
Peart Oriental 
SHK Praps 
Shun Tak Hdgs 
Sind Load Ca 
SA China Post 
Swire Poe A 
Wharf Hdgs 
WhontodL 


Jakarta 


As&nlntl 5800 5800 SCO 5850 

Bktntllndoa 1800 1750 1775 1775 

Bk Negara 1425 1350 1375 1350 

GvdmgGami 10225 10100 10150 1 0225 

Indmnient 3100 2975 3050 3125 

bldotaad 4950 4800 4850 4800 

Indent 6525 6400 6525 6350 

SampoeraaHM 1lB25 9950 M90 10X0 

Semen Gresft 5875 5800 5825 5800 

TeMumonEa; 3S7S 3525 3SS0 3S7S 


Barclays 1066 ia43 1051 1065 

Bass 8.17 8.10 B.13 8.1B 

BAT bid 5.18 565 5.11 5.17 

Bank Scottaml 323 117 333 332 

Blue arde 4.12 4 M 409 4.10 

BOC Group 963 958 9.43 948 

Boots 657 652 653 655 

BPB Ind 354 338 339 352 

BrtAerosp 1358 1130 1354 lie 

Brtt Airways 660 645 657 646 

BG 150 1-73 150 1.76 

Brtt Land 563 S47 563 551 

Brtt Petal 658 660 696 694 

B5k*B 6.10 5.93 559 S.94 

Brtt Steel 160 168 158 160 

BrttTeiecon us U2 U3 U4 

BTR 268 2J5 264 262 

Bramah CosM 1X14 1052 10J» 10JB 
Burton Gp 163 161 161 164 

Cable Wireless 4.97 431 4.94 *95 

Cadbury Sdiw 63S 535 551 538 

Carton Comm 5.14 5 554 5.16 

Corand Uldon 590 650 666 664 

Compass Gp 656 674 654 675 

Coratauids 366 348 362 156 

DIxdrs 537 533 537 537 

Eta*Wtaraporwits4JE 398 X98 4JJ1 

EMI Group 1164 11.40 1164 1165 

Energy Group 552 *8S 490 468 

Enterprise ofi 615 688 6.TO 615 

FamCokMU 161 161 16T 162 

GenlAafclent 835 851 117 ill 

GEC 374 367 171 373 

GKN 9.93 953 990 993 

GtamWeBame 1130 1056 11.10 1059 

Granada Gp 907 8.95 9 66 956 

Grand Met 553 458 SJN 491 

GRE 279 273 275 234 

GreenafisGp 552 536 552 555 

Gubness 557 495 SJJ5 *w 

GUS 642 634 636 636 

Hap 551 538 S30 531 

HSBCHMgs 1460 1644 1462 1465 

ia 7.18 756 750 7.18 

land Tobacco *15 *w *15 ill 

KtagSsber 676 668 671 67B 

La&iata 230 234 239 276 

Land Sec 793 776 753 751 

Lasmo 234 130 232 251 

Legal Geni Grp 192 354 391 359 

LtoydsTSBGp 5.17 55S 616 610 

LuensVmiy 107 252 2.02 257 

Marta Spencer 494 459 492 491 

MEPC 474 473 4.73 

Mercury Asset 1250 1267 1271 IIS 

Nrdtaial Grid 213 259 213 212 


Boo Exterior 

BcePeputar 

Boa Santander 

CEPSA 

Conflnente 

OnMopbe 

Endesa 

FECSA 

GasNatunrt 

Ibfidrota 

Piyia 

Repsri 

SevBana Elec 
Tabacnteru 
Tefetonku 
UrwnFenasa 
Vaieiic Cement 


Manila 


Ayala Land 
BkPhfflplsI 
C»P Homes 
Manna EiecA 

Metro Bank 
Petal 
PO Bank 
PhO Long DM 
Sen Miguel B 
SM Prime Hdg 


Mexico 

Alta A 
Banned B 
OmexCFO 
atraC 

EmpMadema 

GpoCatsaAl 

GpaFBauner 


2800 2600 2500 2800 

26480 26150 26200 26250 

9740 9690 9738 9770 

4420 4350 4350 4410 

2515 2480 2490 2515 

7070 7 rm HUB 7070 

9390 9Z70 9280 9360 

1205 1185 1195 1205 

31680 313S0 31570 31820 

1640 1615 1630 1645 

2610 25B5 2590 2600 

6140 <150 6150 

12S§ 1275 1280 1290 

7100 6990 7000 7730 

3*75 3485 3425 3435 

11BS 1170 1175 1190 

1745 1700 1730 1745 


Christian Dior 

CLF-Duxla Fran 

CtesaAgrictSe 

Danone 

ar-AquOatae 

EridailaBS 


825 818 825 <24 

20050 19550 19750 20070 

— 857 800 002 

004 671 674 687 

36690 36330 36450 36770 
741 732 739 744 

869 841 8# 858 

M90 239 240 241 

1115 1076 1118 1085 
3509 3473 3498 3514 
252 34750 249 253*0 

2S9 25130 25350 25450 

— tta 
833 

583 576 582 

1280 13SS 1280 1275 
890 874 885 

544 537 542 


bicenBwA 503 m an sh 

tesasterH 345 341 344 34430 

MoOoB 219 211 213J9 S2M 

Nordbantan 242 237 242 242 

PlHrmiUpMm 272 266 272 27050 

SamhBcB 194 192 1*350 19i» 

Santo B 18450 180 18650 18250 

SCAB 163 158 16058 16250 

5-EBaikenA 8050 793) 8058 8058 

Sknndta Fora 21750 21450 71650 21658 
SkaiElB B 331 327 32950 330 

5KF B im50 18650 108 18850 

SpartontanA 137 134 13550 13550 

Skrdshypatefc A 190 190 m 190 

Store A 10150 9950 10058 10158 

Sv Handles A 224 21950 22358 21950 

VWnB 198 19058 196 191 


Enrod tan er 
Burohmitd 
Gen. Etna 
Havas 


LVMH 
LyatLEaux 
MdnBnB 34550 316 

Paribas A 37130 36750 

Pernod Rtaard 31850 31050 

Peugeot at — ~ 

PtnauA-Pitiil 


PSEtatec 294952 Rexri 
Prevtaxe 290950 Rb-PoatencA 

"S 8 S %£ 

Ha *s ^ Issr 

121 118 11* 117 SiSr* 

640 590 ftM 600 

10 950 9.90 950 

360 350 350 350 tSSL*-- 

1555 1535 1H5 1535 

81 75SS 80 7150 S255 onaF 

750 650 750 650 

Video 


1055 950 95S 950 Svtinev 

650 655 655 660 

774 766 im 772 • 

420 41270 43! 41550 Amcor 

845 834 835 830 ANZBUng 

382 375.10 378 384 BHP 

1033 III®? 1017 1039 Borei 

2004 1985 1995 1995 Bumbles tad 

T342 1316 1329 1346 CTA 
543 537 540 542 GCAmoH 

34550 336 336 34650 COtesMyer 

37130 36750 370 36850 Comata) 

31850 310140 315 319 CRA 

629 617 626 6Z2 CSR 

2390 2367 2388 2383 FOstersBrew 

1975 1943 1 975 1959 Goodman FM 
M850 145.10 14650 14650 ta Aastrofla 
1669 1588 .1620 1663 Lend Lean 
17950 178 17830 18150 MIMHdK 

552 537 549 535 NatAustfiart 

32850 31610 317^0 32130 NaTMaMHl 
1051 1030 103S lfflf News Ootp 

407 3901 39620 41418 PocfflcDanloi 
653 &W 653 645 PlaneerWN 

28SW 2769 2750 2775 PubBraadan 
788 779 781 787 STGeatBOBan 

28440 2BIJ0 28150 283 WMC 

679 630 672 606 VtotoaCNdn) 

19350 190*1 1*150 1*0® VKoaSdOPW 
47830 47130 476 475 M WOOtaWlbS 

9IUS 8*50 9030 9050 
372 36650 369 36650 


Sydney 


ANZBUng 

BHP 

Bom 

Brumbies tad 
CBA 

OC AtnalO 


taAustraBa 
Lend Lease 
MIMHdm 
NafAustBct* 
NOT MOM Hdg 
News Onp 

Podflc Dunlop 

Pioneer mil 
PubBraodmW 
SI George Bat* 
WMC 

WtataacBidng 

WtooSdePet 

Vfoatarartta 


AlOnBoartes: 239230 
Prevtcm: 238950 

807 803 804 856 

757 735 750 759 

1638 1653 16314 1659 
34* 340 349 340 

2140 2140 2155 2140 
1346 1236 1344 1238 
14.13 14 1446 1446 

6 53S 536 6 

640 6S® 655 635 

1878 1858 1840 1830 
471 449 430 431 

259 255 25B 257 

148 145 147 145 

1145 1155 1155 1140 

23 2250 2235 2253 

149 146 148 145 

1616 1536 76.18 1611 

134 159 134 158 

5JB 530 552 554 

333 119 119 122 

422 414 419 41? 

<SJ1J 656 659 657 

856 758 7.92 8 

803 753 802 752 


The Trib Index wm-rfawPMNnrymta. 

Jm. 1, 1B92 - 700. Levd Cftangu % change ywrtoiMi 

__ j . . , a .%ctwnge 

World Index 151>0 +1.15 .'-Mm' +15il4 

Haghmal h daa i . 

Asa/PadRc ' 11077 . -ttlfl'. -<U7 - -17^0 

Europe 160.79 .+£28 +143 +15^3 

N. America 175^6 +1.42 . KJJB1 437.17 

S. America 138.61 ' -OJ90 ' -Oj65 +55.67 

Industrial kidnxss 1 

Capital goods 175.76 ' +29 4 +1.70 +3227 

Consumer goods 17028 +196 +0.63 . +2323 

Energy 183.06 . +228 +123 +34.98 

Finance 11228 +021 . . +028 -1124 

MoceKaneous . 15623 +106 +0.68 +1523 

Raw Materials - 18219 +128 +0.71 . +28.48 

Service 14274 , +021 _ +057 • +1825 

UtSties 13297 -0.42 -021 +4.59 

VreWwrwrionalHmaU THxrm MM Stock Max Otrada the US. doBarvoluaaa/ 
aaaintemaOomayhverSabiesUKSalnmZStxUThlas. For mom ftitoin a flun, a taw 
booklet is woBab* by wrltog to VroTrib MM.1B1 Avenue Chariaa da Gfct4e, 

B2S21 NauKyOxMsx. France. . CoofjBod by OoonbiKg Noma. 


Laval 

Change 

Bchanga 

ywartodala 


A ; . 

• - r 

% change 

151J70 

+1.15 

+0-76 ' 

+1594 

11077 

-019 ' 

-057 

- -1790 

16079 

.+276 

+1-43 

. +15.53 

17096 

+1.42 . 

+091 

+37.17 

138.61 

-090 

‘ +OJB5 

+55.67 

175.76 

’ +294 

+1.70 

+3027 

170.28 

+196 

+0.63 

. +2393 

183.06 

. +294 

+193 

+34.98 

112.03 

+031 

+098 

-1194 

156.63 

+196 

+0.68 

+1593 

182.19 

+138 

+0.71 

+28.48 

142.74- 

. +031 _ 

+057 

+1895 

132JJ7 

-0.42 

-031 

+4.59 


Thursday's 4 I 

iCmrtiaL 


sbp;-:;- 

ill’ ’3 


Close 


649 642 
950 933 
168 158 


Mttsal Fixtasn 
AMMTnnt 
MurataMfg 
NEC 


Ntapan Steel 
Nissan Motor 
NKK 

NormirnSec 

NTT 


High Law One Pm. ^ ^ 

’SS 1 S2 1 S2 U78 H40 1145 1145 

m sm sm m, m am 27 2650 2 <jo 27. * SS 

™ ^ fSS ^ ? f c * rtjJ W Ngt . 4L« • 4030 4155 415S| SSL 

1550 1510 1510 1500 Noranda Inc TJVi 2740 " 


’£5 ’S ’SS ’£2 • 22™ Energy 2WI 29 2950 29W 

™ *12 «2 NttahTotaeani 9250 9130 9150 92W 

*J5 n HUB 1055 1035 

8« 830 830 840 Onex 23W 23W Zfti 2345 

52 £2 S £? C t ? Q ^ Pctini ^ Ktt 5545 SM 

^ W » w. PptraCda 1945 1991 1950 1940 

® » S S PtocwDorne K3i 24 2105 MIC 

367 259 265 257 Paco Petal 1350 1338 131® ISM 

J2? J® JM? J® POtalhSart 105 10316 104*0 TOM 


646 647 NTT Data 
935 932 Of Pre*r 

347 15B Osaka Go; 


8780a 8680a 8680a 8750a 
3530b 34100 3420b 34600 


Behatariec 378243 __ __ , 

pretfaos; 37*750 Sao Paulo 


4135 4430 4480 4550 

18.10 1750 1754 18.18 BradescoPM 

2840 2850 2845 BoAmaPM 
11.12 1146 11.12 11-10 crania PM 

3930 3845 3940 3945 CESPPM 

48.15 4755 4840 4755 Cupd 

140 136 137 141 Beta 


M0 US US M0 
71040 70000 71000 70040 
4840 47.90 4840 402? 
5941 5750 5730 5840 
1650 1420 1630 1641 
48640 47640 47040 48140 


Gire Fin tnbrasa 2940 2840 2845 2845 Itaulwnao PH 58240 58040 58240 58040 
KtabCtaikMex 3040 29^5 2930 3060 


HrabOaikMex 3040 29.45 2930 3160 
TetevIsaCPO 10340 10130 10L5D 1D250 
TetalacL 1646 1S92 1642 1548 


MIBTrinnafla: 1200240 
Pmtaae 1207840 

11750 11600 11695 11825 


656 

446 6S150 

6A2 

657 

670 

aza 

B14 

825 

34940 

343 

347 

348 

33* 

339 

345 33532 

338 


Frankfurt °"? nsijW 

rrdlUUUIl pnattWE 335946 

AMBB 13W 1380 1» 13M 

AcS*K 186 18150 1BL5D 179 

ADM Hdg 3177 3155 SS 

as ss ss ss 


Sdnrf 563 "B ' 89 9020 

Ut ACM AO 46550 

ftJS® 1639 16® 163* 1402 

CKAGCoionta IB 1SGJ0 JB Jg 

uic 45 4542 6650 

DaMferBenz 13145 12090 13070 l» 

rvaissa 724 788 771 /«• 


Johannesburg -JJ-*** 

Atndgamta Bks 2955 2945 2930 2945 

AngtaAnCaal 290 2BB 288 293 

AngtoAn+Corp 27075 27750 278.75 27750 

AngkiAaGaU 38635 38550 306 30650 

AliSoAflilnd 17050 17835 17835 17835 

AVM1N 1830 1850 1850 1850 

BatlOW 4835 48 4830 4855 

CG.5mMi 2610 26 2605 2605 

OeBcea 145J0 164,75 16535 165 

DrtetanMn 4250 c 4250 4150 

FsttttllBk 2950 2950 2950 30 

fimepr 1945 1950 1955 1955 

wsa no no no no 

Hdgs 55 5475 55 55 

gOWCoal 2850 2850 2850 2850 

hear leu Vot xjo 353 

JoUrtMlitt 59 5835 5* 59 

LftertyHggs m 332 332 33050 

LffiartfUfe 12435 124 124 12650 

Lb UH Start 1535 1US 1535 1535 

Mineral 10035 10035 10035 10035 

Nowak 1M0 1M 1850 1840 

u-uw 86 MQi w , yi mo* 

MHtandrG'I 4575 4535 4535 4610 

Rtematf 5750 5675 5735 5675 

HAKtftnum 67 6625 6635 6625 


Piartet FrtneH 

■,£££ Pradenttal 

»» JU5 toStoiap 

S 6350 £SEd“" 

RMdlnn 

»0 RentoU rnfflal 
550 3575 Starters Hdgs 

RMC Group 

M-WUCIU HafcRa V'» 
Royol BfcScot 

WB71KM7 RTZreg 
930 2945 Roptf6iS an Afl 

288 293 

175 277 JO SoMhuty 
306 30650 Sehrada3 
835 1783S Seal N e wc nfl ta 
150 1150 Sari Power 
120 jaw Seankar 
605 yw Smom Trent 
5,75 165 Shefl Tireisp R 

250 4140 Slehe 
740 30 Smflti Nephew 

955 1*55 SmittiKSne 
110 SniHtss Utd 

SS SlhemHec 

950 2850 Stamo anch 
1+3 Stand Chatter 
^ Total Lyte 
332 33040 loses 
124 124J0 Thanes Water 
SJ5 1535 

175 10035 Pfiwop 
WO 1840 Tanktan 
540 8695 umewsr 
535 4610 UW Assurance 
735 5675 UUNewi 
675 6635 Utf UMtaS 


3475 

3400 

3450 

3450 

4495 

4365 

4495 

4370 

1215 

11V2 

1209 

1215 

21600 

71750 

21300 

71700 

2405 

2380 


2415 

9055 

8075 

BPB 

WOO 

8350 

(045 


B310 

5500 

5430 

S4M 

5498 

29X50 

29550 

29700 

30050 

I5IV0 

14925 

15000 

15000 

2340 

23M 

7340 

2335 

5830 

5/25 


saw 

n 10 

6900 

7075 

7U50 

T0I95 

looec 

10195 

10170 

1139 

1110 

1125 

1123 

604 

5*0 

56* 

607 

2532 

2475 

2525 

2510 

3760 

3*65 

3670 

3760 

14970 

14700 

14700 

15000 

15885 

15635 


15645 

11445 

112B5 

11375 

11305 

7MI0 

7700 

7795 

MM 

4450 

4390 

4405 

4475 

4875 

4800 

4840 

4875 


MSerekta 447.00 44540 447.00 441JU 
3 mm 34cu» moo 

PM 21100 21240 21540 21540 
16000 15150 15940 15BJD 
3840 3840 3850 3850 
175 150 170 8J5 

12330 12140 12140 72340 
167.40 1644C 16600 16759 
ia« 17240 185108 17600 
30740 30m TO50 30440 
3875 3850 3835 3830 
1.19 1.17 LT9 1.18 

2550 2550 2530 2535 


. PM 

PauOsta Use 

SoanQuz 

TetebmsPM 

TWenrig 

Total 
TetaspPM 
IMbancD 
USkninasPM 




Seoul 


PnNfWB 4*846 


Taipei 

Cathay Life Ins 
QwiflHwn"*' 
CMaoTung_ 
□dm Devetpmt 


12650 

Formosa Plasflc 7140 
HnatlanBk 119 
lab Carats Bk so 
NaaYoPlasScs 67 
Sirin Kong Ufa 10940 
TrtnanSemi so 


Tokyo 

ABnanato 
M Nippon Air 
Aaway 
AeaMBaak. 


Stock Mow tadec 85SU2 
Pra«faes:86£LO 


OpPnper 

615 

574 

5M 

572 

Osaka Gas 

287 

281 

283 

286 

Rfcob 

1520 

1470 

1470 

15M 

Rohm 

9720 

*720 

*720 

7720 

SafcuraBk 

639 

605 

60S 

621 


A9atdChan 

Dacam 103000 101500 102580 110500 AraHGkoa 

DaoMoa Heavy 4800 4500 4Bfl 4730 Bk Tokyo Mltsu 

Hyundai Eng. 1968B 19300 19500 1M00 BkVbkatana 

KlaMataa 15300 l«m IJOIta Tarn Bridgestaae 

Korea El Pwr 27000 26700 26700 27003 Canon 

Korea Eah Bk 5870 5530 5530 5720 CUa be Elec 

Korea Mata Tel msrn msim 4msw ategotuilcc 

LG Seta (COO 30600 29000 29200 30600 DrtMppPtH 

Pahang Iran St 536W 51500 51500 53589 Data 

Samsung Dbtay 42600 41600 42000 42400 DaHdriKaig 

Samsung Bee 64508 62000 62900 6tsm .DotwaBon* 
SMatasBank 10700 1 0500 10600 10500 DahmHaeie 


11J5 1132 1154 1152 

448 444 447 447 

6.48 190 193 199 

336 120 123 iffl 

10. IB 955 9J8 1041 

247 252 W7 244 

150 553 150 144 

9/0 9/0 9.48 9/6 

M 15 441 ID 

Iff Ml 34 !£ 

357 335 355 X29 

1540 1150 1558 1160 
669 661 646 649 

344 347 182 171 
247 244 245 245 

745 7.17 754 7.1? 

1042 1032 1055 1052 
945 740 940 942 
140 1J6 138 V8 
938 9.16 9.18 9.15 

755 745 7.91 745 

4.18 443 4.14 4.1T 

650 642 643 646 

652 856 841 850 

447 456 445 456 

US 341 343 342 

6B7 647 678 671 

SM 102 103 1W 
IS 146 545 549 

246 2J7 179 255 


Mnflobancn 

MajriecOson 

gBveffl 

Parmalat 

Pkefi 

RAS 

RrtoBanoa 
S Paolo Torino 
SM 

Telecom HaBa 
TIM 


Montreal i«iBsMoiikitacz7£MH 

Prvrioes: 278151 

BeeMebCom 

CdarseA 
CdnUflA 
CTFtalSvc 

GazMrtra 

Gt-Wea Llfem 23 2230 2230 23 

lraasca — “ — “ 

IrarestasGrp 

Intatew&s „ 

Nad Bk Canada 1450 1415 14+ 1430 

PrarerCpro 2740 2745 2745 2745 

Pnrerf+trf 26ft ftm mm mm 

BortreCwB 2495 2440 2440 24.95 

RdgenCann B 770 770 770 770 

Royal BkCda 53M 5330 5120 5160 


165 

165 

170 

122 

125 

W 

77 

77 

79 

121 

12150 

125 

29 JO 

2*30 

3X40 

125 12X50 

178 

6* 

69 

7050 

114 

115 13450 




65 

66 

6550 

102 10150 107 JO 

78 

7950 

79.50 

wan 

5550 

57 

64 

68 

46 

72 

7150 

76 

NDM 225: 174*535 

Pmtaas: 1771337 

956 

956 

6*6 

966 

693 

702 

3410 

3430 

3420 

685 

642 

689 

644 

700 

665 

ion 

1070 

1080 


Sankfo 

SanwaBank 

Sanyo Bk 

Sean 

Setaaltoy 

SsMsalChen 


,2 Saktartaieni 
1M sektol House 
So*ra+HB*Bn 
J™ Shrap 
8* SMkakuBPwr 
StaMzn 

_79 Shbvetsaai 
1» SHsrrido 
7-M SbbuakaBk 
Saflbar* 

B Sony 
66 Saraltaaia 
76 SunritamoBk 
Sunn area 
— SumlkMM Elec 
. tt SuraNMntal 
SmnttTrust 
“ Thtatra Ptaran 
M TohedaChran 
702 TDK 

1420 Tohoku BPwr 
700 TafertBai* 

665 ToMo Marine 

®ao Tokyo El Pwr 

830 Tokyo Electron 

520 Tokyo Gcs 


3400 3220 3250 3400 TdbmaaEny 

1280 1140 1150 1230 Tecll B 

462 446 448 450 - TWogtalic 

7200 7100 7100 7230 Tetos 

5700 5330 5330 5720 Thairem 

ion 1040 1050 lioo TorOranBm* 

• KS ^22 U® -nwatata 

7770 7710 7730 7700 TranxCda Pine 

Ufl 1540 1540 

• *8® 1920 TtfetcHabii 

“J M » TVXGoW 

200 2480 2480 2SD0 WedcoatfEfW 

1590 15S0 1560 1580 " wSST 

1iM0 1W HMD 1050 

7700 7590 73m 7580 

9M0 9000 9050 9100 

854 790 791 .836 in 

ria® n9o iron i2SD Vienna 

500 478 478 493 

1 5o2 1 2S ^219 IMlkrJMU. 

•W 2B6 2S6 

900 846 846 872 rTryTiT '■*** 

SS2 SS 3,10 31« EVN^^ 

2020 2780 2000 2790 

9180 9040 HMD 9110 

1950 1900 1930 1940 


Rmotaonce am 40 40.10 4005 

RtaAtaoin 3245 311* 3US0 32 

RoVnCortHB 2190 2355 234T 215i 
SuwranCB 5238 514®.. 52 5BJ0 
ShrfOtaA^ 5445 53J0 - 541* 54 

Stone Consokf 20.15 2® 20.15 1995 

S uycr a 59H SPA 59.95 

TdsraonEny 4030 39* 39JI5 

grtB 281* 2755 28.10 27S 

Trtegtohc 40 39S 45 38M 

Tetas ay; 20140 2ffi% 2040 

Tbgmao n 271* 27.10 2730 27, 

Torttam B ank ■ 3415 36.10 3640 36 

TtaMrtta 16 1» 1» 16 

T imaCri a Pipe JUS 251* 2SJS 2» 

TrtmrekHnf 4IM 4IW 411* 4M 

TitecHohn 31S 3055 3055 3150 


«* 9% 

3138 2405 
-69» 68U 


•« 955 

2416 2415 

68U 4BU 


1880 1760 1760 1830 Tokyo EJecH 

510 501 501 530 Tokyo Goj 

2570 2520 252ii 2550 Tokyo Carp. 

2960 2820 2820 2W0 Toner 

2020 200® 2000 2020 TbppCB Plln 

1970 1910 irja 1980 Toraylnd 


2160 2110 2110 2130 

570 537 545 569 

12*0 1130 1140 1ZT0 

381 340 350 341 

1410 1340 1340 1490 

735 716 724 


Ttappon Print 

Toraylnd 

Toshiba 

Tastera 
Taya Trust 
Toyota Make 
Yamanoudri 

ax UXt tKxLOQO 


4840 4875 Singapore stm teTiy r 1007 37 

l>mtovtc2i0U> 

7 7 7 7 

9^*0 9_4Q 94G fjs 

rararcotui OyDerfb 13J0 1330 ISjfl 1320 

" ‘ Cartage 1540 1530 1550 1540 

Fonnlnr- 072 OJi 032 072 

fOTEiCta . N.T. N.T. N.T. 1110 

LK 33J5 DBS Lana 545 535 535 535 

55 um 1 «jS Fraser 6 Neare 1130 1140 1U0 1150 

JO n HKLond- 250 230 231 251 

540 555 655 545 

354 358 352 356 

935 9.10 9.1S 958 

4JB 4JH &M 4 
442 45* 450 440 

462 458 462 466 

_. 1850 18J00 1830 18.10 

8 M OSlWonekF 1055 1040 1050 1040 

S SOM 5160 Parkway Hdgs 630 6JQ5 630 6J5 

730 7.10 7J5 7J5 
12.10 11-90 12JOO 1250 

750 735 7 JO 750 

MX Mac 5*136 Stag Press F 2750 2650 2650 2730 


IndBsMrti tadre 27041 
Pmtaes: 27X151 
4150 4150 4150 4150 
2465 2465 2465 24H 

3U0 30l 70 3050 3050 
3355 3355 3105 33to 
17 1655 1655 1655 
23 2230 2230 23 

33ft 33 33ft 33 
S/M 'MM 2455 2440 
17 16.90 17 17.15 


Hod^inlBk 

Httodri 


AkerA 

DenmskBB* 
Eflcera 
HofshindA 
Kvcsttw Asa 
Norsk Hydra 
NaakeSkogA 
NyanedA 
OrifeAwA 


1554 

4.74 

1532 

156 

1536 

4J0 

15 39 
432 

F1=S1 

741 

7.13 

139 

133 

Jf^muPMn Off 

170 

646 


644 

JtarebrandAsa 


Pn*lsaRS9S5S 

179 176 176l50 180 

144 143 143 144 UUM«W 

2440 2440 2460 MM UWOSenBkF I 

2S 27 JO 2750 2750 WbtaTaiHdaS ‘ 

12750 126 127 12750 !™T ""T 

N.T. N.T. N.T. 47 •!lnUS.delenL 

340 338 33950 340 ■— 1 ~ 

S Stockholm 

105 103 103J» 10250 

553 550 ■ 553 551 AGAB 

280 278 278 283 ABBA 

115 111 113 11150 AsslDonan 

1M 128 09 129 AstarA 

ea 425 425 435 AltasChpcsA 

4650 4420 4650 4670 AUtaBv 


176 in 

vn m 

144 344 

US l.li 
BjOO 1570 
440 438 


0600 DrtMpp Print 
35S® DakI 
2400 DaHcWKaig 
mi .Dobra Bank 
0500 Doha Home 
DahmSec 
DEN 

033 Denso . 2580 2480 2480 2550 - 

sue East Japan Ry 5160a 5000a 5000a 5T20a _ 

Eteri 22* 2170 2190 2230 TOTOITtO 

7- FantlC 4160 «E3 4080 4090 

94S FWBank 1310 1SS0 1220 12M nl . m . t , L . _ 

!33» FUtPttota 4K® <150 4170 4320 ffl™?Ke.. u 

1310 12SO 1290 1300 

1090 HOT 1070 W 

.... 1140 1120 1128 1130 

555 Haada Motor 3900 3700 3780 3880 

UJO IBJ 1180 1080 1090 1130 °kNowScnlla 

231 . IHI 4S4 446 4ST 448 

545 Bodm 579 SS 577 S55 

156 Do-Yrtwda 5720 S670 5680 5670 

930 JAL 454 49) 450 4S9 

4 JrtanTbtawo kbsss mm 7940b 7?aon 

AM Jaseo 37S0 3680 3680 3700 gg^ HL* . ■ 

456 Kapna 301 487 490 4B6 

8.10 bradEkc 2080 20* 2040 2070 Camera 

060 KdO 1330 1290 >310 1320 aBC 

615 Kowasidd Hvy 500 495 495 500 

745 Khan Steel 360 350 3S5 357 “IJSub- 

2JD KWiMppRy 7» 712 712 716 SfiSSSf* 

7J0 KHi Brewery 9K 960 967 955 ^ d n l l Pncg c 

730 Rob* Start 221 215 21S 220 85*?? 

IBB Knnntoe 

2*7 Kubota 


- SSftiiSS 1 81550 80445 814 810 

m <59^0 4H.15 45B30 4W30 

ss ss sis i ICL ?! ?| & 

1 ™ lSSo 19M WO 

1210 llffl 7^0 !?S VA^JJ 

2160 2120 7190 S17B VATea i. 17301702*81710501732*0 

4750 *m 4710 47« | W®»*«0BOU Z172 2141 264 B74 

284 285 287 

393 S33 mt •' • 

1150 1120 112 s ms : s — 

I ill Wellin9ton 

2610 SB0 2600 2600 «r N ZeaM B 4JOO -&S6 : 450 3*6 

STS 6iy 680 BllerlyJtnrt 1JB 137 137 130 

3470 TOO 3370 3440 gnterlMonJ 359 357 308 309 

3600 2570 2570 2S7D 5*** °> BMg 432 4.15' 432 430 1 




BkMortrart 

HkNowSarita 

DjmM Ridd 


BCE^^H 

BCTetoc onimte 
Ka c he ra Ptaann 
BaratmdtarBH 

BmaaiA I 
Bre+tM tearatal 

Chm eariM 

oiscr 




CdnNrtRtt 
CrinOcddPet 
CdnPncMc 
ConrincD 
Dofoaco 
Donitor 
Donobwt A 


TSEta rtaWota ; 571538 
Prertons: 579831 
W 20 2030 1905 

29 2U0 a*5 

1b 44 4110 «40 SI 

SI 28 as 
% SS sss « 

6330 6230 ra w u 
29.15 

33 3355 3a *g 34U 

aw am js» m 

30.10 29*5 30JQ5 

b» at S 

SOM 49tt 4955 m I 

gK aSS 

<7 AjQ 4UD AM 

aw 3140 Tift 
STOi 27 26V 

33 3230 3® +1 pc 

3*40 a£05 3S40 -KK 

SS S ^ 


MrWZ MdB 
Brtatyjmrf 
Oxter Hofl art 

RrtdiQiBldg 

HrtdiCh&y 

U2HS5- 


Zurich 

ABB B 
Means' 
WusrtsseR 
AtevSooocB 

AWR 

i^ R 

CnfSufaae 

Ecnrami. _ 

is&s***' 

ESEC 


_ ... 510 517 R“£L. ,1^4 10.10 10U (a* 

Kyocera 700 74» 700 7450 B"®"* . 9AM 2455 2445 24S NworthR ' 

MBK 1990 1940 1950 2000 « 31 “ QtaSaiBuehR 

D5" 351 5* 330 334 9235 XBk 2250 2J^ S?B9«HMB 

Monaeoi 
Moruf 

OT0 1000 vm 1970 Wl aS n « RertwHdaPc 

Matsu ElK Wt 1180- 1160 1160 1180 gw>“N«IMa 

MRsabtaU 
MtaUMQi 

MttsetafeHB ... ... 

MttsuUilri Est 1400 1370 1370 1370 


AM -4*6 +00 396 

138 137 137 138 

359 357 . 308 359 
432 4.15 432 

3*4 355 . 394 . 35ta 

159 156 15* 

256 252 256 2.K 

341 359 340 227 

6JS £50 654 -650 
1154 JM5 1145 1154 


aw - • 

§t i 


m SX 16 tadac 283656 
Pmfass; 281756 

106 1045D 1059 10550 

877 B56 870 860 

194 190 192 19850 

3475D 3405D 36750-36150 
192 1B9 191 _JW 

3112 2M 30150 29450 


MBMHMHvy 

MmbHUMat 

MmubbUTr 

Mltouf 


304 330 

_ 455 455 ™ 

1750 1700 1710 1700 
3200 3190 3T« 3150 
2010 1980 1980 1970 
n*J 1160 1160 1180 

1050 1030 1050 1050 
366 343 3» 364 

704 690 6*0 697 

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PAGE 22 


Hcral b^^l Srtbunf 

Sports 


FRJDAX APRIL II, 1^97 f 




at 


World Roundup 


Stars Withdraw 

TENNIS Steffi Graf on Thursday 
postponed her comeback after a 
knee injury, pulling out of this 
month's Hamburg Open where she 
could have clashed with new world 
No. 1, Martina Hingis. 

“My long break from the game 
means I have to be careful about my 
preparations, which will take a bit 
longer,” Graf said { Reuters ) 

• A day after Monica Seles with- 
drew because of bronchitis. Irina 
Spirlea, the defending champion, 
and Jennifer Capriati pulled out of 
the Bausch & Lomb Champion- 
ships at Amelia Island Florida. A 
wrist injury forced Spirlea to with- 
draw before her opening match, 
while Capriati defaulted her 
second-round match Wednesday 
because of a pulled hamstring. 

• Thomas Enqvist, the defending 
champion, withdrew from his open- 
ing match against Rainer Schuttkr 
at the Gold Flake Open in Madras 
complaining of nausea. The match 
was tied at 6-6 in the first set (AP) 

Sydney Foresees Surplus 

Olympics Organizers of the 
Sydney 2000 Olympics expect a 
budget surplus of up to SO million 
Australian dollars ($39 million) 
and have set up a 1 50 million dollar 
“rainy day” fund Michael Knight 
the organizing committee presi- 
dent said Thursday. He said he 
expected the surplus to be larger 
than the 20 million dollars esti- 
mated in 1993, when Sydney won 
the Games. (Reuters) 

Lindros is Suspended 

Eric Lindros, the Philadelphia 
Flyers cap tain, will sit out the next 
two games after being suspended 
by the NHL for two high -sticking 
incidents Monday night in a loss to 
the New York Rangers. (AP) 

Beaten Curry Retires 

boxing Emmett Linton battered 
die former undisputed welterweight 
champion Donald Curry into retire- 
ment Wednesday night, stopping 
him by technical knockout m die 
seventh round in Las Vegas. (AP) 

Surgery for Gooden 

baseball The New York Yan- 
kees pitcher Dwight Gooden will 
have surgery Monday to repair a 
small hernia. Gooden, who could 
be sidelined more than a month, has 
been bothered by abdominal nain- 

• The Seattle reliever Josias 
Manzanillo might lose his right 
testicle after being hit in the groin 
by a line drive off the bat of Clev- 
eland's Manny Ramirez on Tues- 
day night. Manzanillo was not 
wearing a protective cup. (AP) 

Canadian Subsidy 

football The NFL provided 
the financially strapped Canadian 
Football League with $3 million, in 
an agreement that will give the NFL 
the right to use the CFL to develop 
players. Under the deal, the NFL 
will consider playing regular-sea- 
son games in Toronto and Van- 
couver; the CFL will try to ease the 
way in which its players are signed 
by NFL teams, and an annual game 
will be played between the cham- 
pion of the World League and the 
CFL’s Grey Cup winner. (AP) 

U.S. League Expands 

soccer Major League Soccer, 
eager to strengthen itself in the 
biggest U.S. television markets, 
will place teams in Chicago and 
Miami for the 1998 season. (AP) 


For Ailing Dortmund, 
Victory in the Clutch 

Manchester United Falls, 1-0, 
Defeated by a * Lucky Punch’ 


By Peter Berlin 

Inicrnarional Herald Tribune 

DORTMUND — Before the curtain 
rose on one of European soccer's big 
nights, a well-dressed man with a port- 
able microphone strode onto the playing 
field and rallied the 40,000 Borussia 
Dortmund fans at the Westfalenstadion. 

One after another, be shrieked the 
first names of the Dortmund team. As 
one, the fans bellowed back the last 
names, their enthusiasm undimraed 

E UBOPIAN SOCCIR 

even though every other name was an 
understudy. Borussia was to cake the 
field for the first leg of the semifinal of 
the European Champions Cup without 
six stars. Dortmund won, 1-0. 

A lot of attention has focused on the 
dangers of cumulative yellow cards. Be- 
tween them the four semifinalists had 26 
players on one yellow card before Wed- 
nesdays games — all just one more rash 
tackle away from a second yellow card 
and a one-game suspension. But the play- 
ers have proved adept at disciplining 
themselves — only one was suspended 
for Wednesday's games: Matthias Sam- 
mer, of Borussia Dortmund. 

The otter five absent Dortmund stars 
were injured, victims of tiie wear and tear 
of the overcrowded soccer season. Two 
were international defenders, Juergen 
Kohler and Julio Cesar, die other three 
were the strikers Stephane Chapuisat, 
Karlheinz Riedle ana Ibrahim Tanko. 
Hie fourth of Borussia's front-line 
strikers, Heiko Herrlich, played with an 
injured shoulder heavily strapped. He 
was flanked by two reserve midfielders, 
Lars Rickens and Rene Tretschok. 
Tretschok would emerge, more by ac- 
cident than design, as die unlikely hero of 
the evening. 

While the fans cheered, a drama was 
taking place at the other end of the field 
where Manchester United, die visitor, 
was wanning up. Just the night before. 
Alex Ferguson, the United manager, had 
said that for the first time in European 
competition this season he had a fully fit 
squad. He should not have tempted fate. 

Ferguson's team is chasing two 
trophies. It holds a precarious lead in the 
English Premier League with six games 
left It also plays Dortmund again on 
April 23. and if it wins overall will play in 
the European Cup final. United had asked 
the Premier League to extend its season 
bey ood May 11. On Thursday, the Premi- 
er League turned down Unitrai’s request 
Martin Edwards. United 's chairman, then 
threatened to take the league to court 

UEFA, which runs European soccer, 
has increased the number of games in its 
showpiece dub competition by changing 
tiie early knockout rounds to a league 
formal. All four semifinalists were play- 
ing their 11th European match of tiie 
season. The national leagues, which also 
need the cash these marquee dubs gen- 
erate, have not cut tiie number of games 
they play. The result was plain to see on 
Wednesday. Even tiie playing surface 
was worn by overuse. 

Ferguson had a full squad for only a 
tew hours. On Tuesday night, David 
May, a defender, tore a muscle training. 

On Wednesday there was a worse 
problem. When United came out, their 
dominating goalkeeper, Peter 
Schmeichel was missing. Ferguson had 
accepted only 25 minutes before kickoff 
that a back injury meant Schmeichel 
could not play. Raimond van der Gouw, 
who had played three games for United, 
took his place. 

That one loss destabilized United 
more than six absent players did 
Dortmund. Eric Cantona may wear the 
captain's armband, but Schmeichel is 


the key personality on the young United 
team. "It did unsettle us,” Ferguson 
said after the game. 

Dortmund's attack lacked sharpness 
from the start. Yet because United was 
nervous in possession and kept giving 
the ball back, Dortmund created 
chances by sheer persistence. Van der 
Gouw fumbled several crosses but was 
the equal, though only just, to the two 
best strikes on goal in the first half — a 
deft header by Herrlich and a close- 
range shot by the same player after 
Tretschok, slow to control the ball, 
squandered a chance in front of goal. 
When United did manage to siring a few 
passes together they sliced through the 
home defense. It happened three times: 
the three best moves of the match pro- 
duced the three clearest chances and 
three agonizing misses. 

In the first half, Manchester's Nicky 
Butt — in the team in place of May — 
set up Cantona, who shot just high. In 
the second half, Cantona’s crossfield 
pass found Butt scampering through the 
middle. IBs low drive smacked against 
die post and then away to safety. Can- 
tona found David Beckham with a sim- 
ilar pass. Beckham guided the ball past 
Stefan Klos, the Dortmund goalkeeper, 
but too gently. Martin Kree was able to 
scramble the ball away. 

Beckham is one of the children 
caught in European soccer's tug of love. 
He is just 20. but already a star in 
Britain, where he has been dating a 
member of the Spice Gills pop group, 
has played four times for the England 
team and is on tiie Player of the Year 
ballot. The demands on a star soccer 
player are taking their toll. On Wed- 
nesday he was dreadful. He worked 
hard, but his passing was lazy and woe- 
fully inaccurate. He looked jaded. 

As Andreas Moeller. Dortmund's vet- 
eran midfielder, faded, his team 
threatened less and less. But after 76 
minutes Tretschok shot hopefully from 

Gary Pallis^Umted's center halffand 
deflected in a cruel, slow arc away from 
van der Gouw and info tiie United net 

It was, said Ottmar Hitzfeld, the 
Dortmund coach, ' ‘a lucky punch.” 

“We underachieved.' ' Ferguson said. 
“There were some very disappointing 
performances. I'm not sure it was a good 
game. I think Dor tmun d can play better 
too. I don't think tiie pitch helped.* ' 

These are not the reviews UEFA 
wants to hear for its prime-time tele- 
vision spectacular. Dortmund, if it is 
lucky, will have its stars back. Ferguson 
must hope his play better. 

■ Juventus Wins in Amsterdam 

Juventus, the reigning champion, 
moved to within sight of the European 
Cup final with a disciplined 2-1 victory 
away against Ajax Amsterdam in tire 
first leg of their semifinal. Reuters re- 
ported from Amsterdam. 

Ajax began well, attacking down the 
flanks through Mate Overmars and 
Tijani Babangida, but Juventus, its back 
four marshaled by the dominant Ciro 
Ferrara, was rarely troubled. 

Juve was also swift on the coun- 
terattack. In the 14th minute, Christian 
Vieri and France’s Zinedine Zidane un- 
did the Ajax defense and Nicola Amor- 
uso scored from close range. Juve's 
second goal in the 41st minute again 
involved a quick break from defense. 
Didier Descnamps found Vieri on the 
edge of the penalty area and fired a well- 
placed shot beyond the diving grasp of 
Edwin van der Saar. 

In the second half, the Ajax defense 
continued to struggle, but in the 66th 
minute Ronald de Boer threaded a pass 
through to Jari Litmanen, who coolly 
beat Juvemus’s keeper, Angelo Peruzzi. 



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Gene Sarazen teeing off at Augusta to inaugurate the 61st edition of the Masters. Other honorary starters 
were Byron Nelson, left, and Sam Snead, leaning on his club. Sarazen, 95, won his first Masters in 1935. 

Azinger Takes Early Masters Lead 


The Associated Press 

AUGUSTA, Georgia — Paul 
Azinger got past the treacherous front 
nine at Augusta National in 3-under-par 
Thursday and was leading the first 
round of tiie Masters on a day where 
trouble lurked at every turn. 

None of the first 20 players who com- 
pleted their rounds under brisk, breezy 
conditions managed to break par. 

The closest was Duffy Waldorf, who 
tied for fifth last year and came to the 
1 8th at even par until a double bogey left 
him with a 74. He was tied with Dan 
Foreman, Jeff Sluman and Dudley Hart 
among those who finished early. 

Tee-off temperatures near 50 degrees 
Fahrenheit (10 degrees centigrade), 


gradually warmed as the day went on. 
and super-slick greens were all it took to 
make Augusta a menace. 

The swaying Georgia pines and 
whipping flags — and mostly a lot of big 
numbers — gave Nick Faldo, Greg; Nor- 
man and other late stnrtere something to 
think about 

Larry Mize, who won the Masters 10 
years ago with his unforgettable drip-in 
on the second playoff hole, began with 
three pare ana then bogeyed the next 
seven holes. He finished at 79. 

Looking at a board that showed 1 
under as tiie best score on the course. 
Mize shook his head. "If 71 is tire best 
score today, that lets you drink 
something is a little awry,” he said. 


Augusta National officials had said 
Wednesday that the greens were “sub- 
stantially the same' ' as a year ago, when 
Norman opened with a 63 for a two-k 
stroke lead over Phil Mickelson. 

Ken Green five-putted on tiie par-3 
16th for a 7. Ed Fiori paired the first 
seven holes until he got to No. 8, a par 5 
that some players can reach in two shots. 
After driving into the woods, his next 
shot caromed off a tree into an azalea 
bush. He took a drop, played out of 
trouble and hit a wonderful shot to with- 
in 15 feet. And then he three-putted for 
an 8. 

It took two hours and 11 groups to 
start play before anyone got below par — 
FuzzyZoeller, with a birdie on No. 2. 


• • ' f ;:>«* 




SOAR D 


me united net 

UMPIRE lAn American in Japan Is Calling Balks and Strikes 

“Ferguson said. 


Continued from Page 1 

generally larger than the American one. 
Japanese umpires tolerate verbal and 
occasionally physical abuse that would 
automatically get an American player 
ejected, suspended and fined. Umpires 
sometimes reverse controversial calls 
after conferring among themselves. 
Those conferences can list 30 minutes 
or more, and usually end with tiie chief 
umpire getting on the public address 
system to make an explanation and apo- 


logy to the fans. 
There is also b 


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There is also harmony and teamwork 
in the stands. Fans in the bleachers cheer 
and bang their little plastic megaphones 
in unison when they are instructed to do 
so by a head cheerleader, a man wearing 
white gloves and tasseled loafers. When 
the opposing team is at bat, they sit 
politely silent while the other cheering 
section has its turn. 

Like so much in Japan, baseball is 
changing to suit a younger generation. 
Hideo Nomo, now of the Los Angeles 
Dodgers, has blazed a trail to the U.S. 
major leagues, and others are following. 
Ichiro Suzuki, a batting phenomenon 
with a matinee-idol face, is colorful and 
brash. There are still no Dennis Rod- 
mans in Japanese sport, but an all-star 
nicknamed Godzilla threatened to ex- 
pose himself in center field last year if 
his team failed to win the pennant 

Even so, the world Di Muro is en- 
tering is nothing like what he knew 
growing up in American baseball. Di 
Muro’s father, Lou Di Muro, was an 
American League umpire for 20 years, 
and his brother is also an umpire on the 
cusp of making the majors. 

Di Muro laugjhs and shrugs off the 


barbs from Nomura and players, who 
have complained that his calls are 
“dreadful” amt hav e demand ed that he 
“behave properly.” 

Di Muro said he told league officials 
“that if they wanted me to crane over 
here and become a Japanese umpire, I 
wasn’t interested.” 

“If they don’t want me to call the 
game right, that’s their problem. 

“I don’t think I’m going to save 

overhere in one seaso^^^^proS»Wy 
a first good step. Maybe they’re rec- 
ognizing that they need to change.” 

This week, Di Muro found himself 
umpiring in the Tokyo Dome, tiie holy 
temple of tiie Japanese big leagues, 
home to the adored Yomiuri Giants. 

The stadium, known as “The Big 
Egg,” is as clean as a hospital. The slate 
gray paint on the floor shines, and 
throughout the game, men with large 
garbage bags patrol the aisles collecting 
trash. In the Dome, guys in suits relax 
with plastic cups of Chivas Regal from 
tiie snack bar, or a S7 beer and a bowl of 
shrimp tempura or rice balls. 

Many fans said American umpires 
seemed more professional. U.S. major 
league umpires spend an average of 8 to 
10 years m the minor leagues. Many 
Japanese umpires are former, players 
who get little more than a five-week 
course in America. Japanese league of- 
ficials did hire a radio announcer re- 
cently to give the umpires shouting les- 
sons. 

Cultural differences are illustrated by 
what happened in a game last May be- 
tween the Nippon Ham Fighters ami the 
Seibu Lions: A Lions player hit afly ball 
that struck a hand ran atop the outfield 


wall and bounced back onto the field. 
The umpire closest to the play called it a 
home run. The Ham Fighters’ manager 
ran onto the field, manhandled the um- 
pire and disputed the home run call. All 
four umpires working the game held a 


four umpires working the game held a 
conference on tiie field. After much 
discussion, the chief umpire ruled the 
ball a ground-rule double. 

Enraged by that reversal, the Lions' 
manager then charged onto the field and 
hit the chief innpire with Ms forearm. A^_ 
long discussion ensued in which thevT 
lions’ manager suggested a compro- 
mise solution: call it & triple. The um- 
pires agreed. 

The chief umpire told the crowd: 
“We apologize for the mishandling of 
this case ana the delay in the game. No 
one was ejected and no one was fined. 

Di Muro said he had already run into 
behavior by Japanese players that he’d 
never seen at home. During one ex- 
hibition game when he was umpiring at 
home plate, be called a pitch a ball and 
the catcher fell to tiie ground groaning in 
mock agony. 

“I told Mm that if he wanted to stay 
around to see the rest of the game, he'd 
just take the ball and throw it back to the 
pitcher,” Di Muro said. Di Muro 
doesn't speak Japanese and the catcher 
didn’t speak English, but they under- 
stood each other. 

For Di Muro, Japan is a one-year stop' 
be couldn’t refuse. The pay is better tharir 
triple-A and he’s getting exposure to the 
big crowds and national media attention 
he 11 face in the major leagues. But after 
less than a month of being Japan’s first 
foreign umpire, Di Muro has a pre- 
diction: “I’ll probably be the last one, 
too.” 


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SPORTS 



» Big Freeze Keeps 
AL Fans at Home 


The Associated Press 

Where are the AL fans? At 

- home, where it's warm. 

. There were just 6.477 at 
Tiger Stadium to see Detroit 
; beat Minnesota. Only 5,620 

- came out in Kansas City 
' where Baltimore beat i He 
-Royals in extra innings. And 

- in Chicago, the paid crowd at 
A Comiskey Park. where 
' -Toronto beat the White Sox, 

; was just 746. It was the smal- 

- lest paid crowd for a 

• Basiball Roundup 


df: 


-White Sox home game since 
*Sept, 21, 1970. when 672 at- 
tended a doubleheader 
' against Kansas City at the old 
ICoraiskey Park, 

" “There were not very 

* many. I can’t blame them. I 
« don’t think I would come out 
'on aday like this.” Toronto's 
•Ed Sprague said. 

* Toe crowd was actually 
-bigger, than listed Including 

* free tickets and those who used 
I tickets from Tuesday night, 

total attendance in the44J?2l- 
•7 Iseat ballpark was 1^77. 

« “I thank the tans who did 
'show up." said Ozzie Guil- 
*len, the Chicago shortstop. 

; "That's what we get paid for. 
To play whether it's cold or 
■ wet or sunny. You have to do 
your job." 

On a windy day with a tem- 
' perature barely above freez- 
ing, the game was moved 
from night to day because of 
the cold. The White Sox, who 
postponed Tuesday night's 
game because of the weather, 
sold $5 tickets that allowed 
fans to sit anywhere in die 
_ flower deck. 

Btutt Jays 8, White Sox O Ro- 


ger Clemens (2-0) allowed two 
bin in 5% innings against the 
White Sox before leaving with 
a muscle cramp in his g i nin , 

Clemens struck out the first 
two hitters in the bottom of 
die sixth and had a 2-2 count 
on Frank Thomas. He hes- 
itated before the next pitch, 
and the manager Cito Gaston 
and the trainer Tommy Craig 

rushed to the mowid. 

Tifl*ra 10, tWhw s Bobby 
Higginson hit his first career 
grand slam as Detroit rallied 
from 3-0 and 4-2 deficits to 
win. The crowd was the smal- 
lest in Detroit since 6,197 at- 
tended a game against Oak- 
land on Aug. 21, 1989. 

Orioles 4, Royals 2 Snow 
ranging from light to heavy 
fell throughout the game as 
temperatures dropped, with 
windchill, below freezing. 
The snow never stuck to die 
artificial surface or affected 
play, however. 

Jeffrey Hammonds hit a 
two-run double with two outs 
in die 1 1th to win the game. 

Athlotxcs 4| Rod Sox 3 Ge- 

rernimo Bcrroa hit his fourth 
homer and Scott Brosius 
forced in the winning run with 
a bases-loaded walk in the 
10th at Oakland. 

Mn rl n n rs 11, Indians 1 Bob 

Wolcott pitched 6% shutout 
innings to get his first win 
since last Aug. 4, and Seattle, 
roughed up the Cleveland 
rookie Bartolo Colon for six 
runs in the first inning at the 
Kingdome. 

Russ Davis, Paul Sorrento 
and Jay Buhner homered for 
the Mariners. Chad Curds hit 
a ninth-inning home run for 
the lone Cleveland run. 

Ydnkoos 12, Angola S The 



Hawks Rob and Block 76 ers 


JHJ To* 

Jay Bell, the Royals's shortstop, forcing Rafael Palmeiro of the Orioles at second. 


Yankees scored eight runs in 
the third inning to finish their 
West Coast road nip by rout- 
ing Anaheim. 

Bnmea 4, Astros 3 Jeff 
Blauser’s hitting sneak came 
to an end but he still got a key 
hit to help Atlanta end die 
game. Blauser singled to open 
me 12th inning and came 
around on a bases-loaded walk 
as the Braves extended their 
winning streak to six games 
with victory over Houston. 

Coining into the game, 
Blauser had hit safely in eight 
straight ai-bats before flying 
out to open the third. But he 
got the Braves started in the 
12th and scored the winning 


run when Fred McGriff 
walked. 

The rookie reliever Tom 
Martin came in with the bases 
loaded and threw McGriff 
four straight pitches out of the 
strike zone to force in At- 
lanta’s winning run. 

Giants 3, Phillies O In San 
Francisco, Barry Bonds hit 
his first homer of the season, 
and Kirk Rueter allowed four 
hits in seven innings. 

Bonds, moved up to third 
in the batting order from the 
cleanup spot, connected for a 
two-run homer in the first. 

Rookies 13, Reds 4 In Den- 
ver. Ellis Buries homered 
twice for the 13th multihomer 


of his career, and Andres 
larraga had four hits as Col- 
orado won its sixth straight. 

On an afternoon with snow 
flumes and a wind-chill near 
6, Dante Bichette added two 
hits and three runs boned in 
for the Rockies, who built an 
8-0 lead after five innings. 

Pirates 4, Padres 2 Esteban 
Loaiza pitched 7 l A strong in- 
nings and hit a run-scoring 
single for Pittsburgh. 

Tony Gwynn went 3-for-4 
for San Diego and hit his first 
homer in 277 ai-bats. 

Dodgers 3, Mots 2 In LOS 
Angeles, Mike Piazza's one- 
out single scored Brett Butler 
from third base in the 14th. 


The Associated Press 
Atlanta won with defense. 
The Hawks had 23 steals and 
13 blocks as they bear Phil- 
adelphia 116-101 on Wed- 
nesday night. 

Mookie Blaylock was the 
biggest Atlanta thief, with 
eight steals, while Dikembe 


>tlP 


Mutombo was the biggest 
eraser, with six blocks — 
three of which came in a nine- 
second span in the first 
quarter. The Hawks have won 
nine out of 1 1 games. They 
shot 54 percent from the field 
in the first quarter, while the 
host 76ers hit 24 percent. 

Philadelphia's Allen Iver- 
son. who had a season-high 44 
points against the Bulls on 
Monday, followed up with a 


40-point effort. “Tome, scor- 
ing 40 points in consecutive 
games was all for nothing, be- 
cause we lost." Iverson said. 

Homaits 136, Celtics 111 

Six Charlotte players scored in 
double figures. The Hornets’ 
point total — which included 
15 3-point shots — was the 
highest of the season in the 
NBA, surpassing the 134 
points the Chicago Bulls 
scored in beating Denver on 
Feb. IS. “The 3-point shoot- 
ing for the Hornets was 
astounding.” said M.L. Can. 
Boston’s coach. "When they 
start shooting the ball that 
well, you know it's going to be 
a tough game.” Glen Rice led 
Charlone with 29 points as the 
Hornets reached 50 wins. 
Rookie Tony Delk scored 1 8 
of his season -high 25 points in 
the fourth quarter. The Celtics, 


who Jost their !0th consec- 
utive game, came in with five 
players on the injured list and 
three others unable to play. 

Bulls 86, Paews so Michael 
Jordan, struggling from die 
field, hit seven of eight free 
throws in die fourth quarter. 
Jordan was only 8 -for- 1 9 from 
the field and had six turnovers 
with his 23 points, but his 
timely free throws turned the 
game around early in the 
fourth quarter. 

Jazz 101, Lakars 89 Utah 
clinched the West's top- 
seeded playoff spot with its 
14th straight victoiy. Karl 
Malone scored 29 points, hit- 
ting 1 1 of 15 shots and ail 
seven of his free throws for 
the Jazz. John Stockton had 
15 points and 10 assists as 
Utah took a 3-0 lead in its 
series with the Lakers. 


Ottawa Glides Closer to Playoffs 


The Associated Press 

The Ottawa Senators, who’ve never made 
the playoffs, are within sight of getting into the 
postseason. 

Ottawa beat Hartford, 5-4, Wednesday to 
give both teams 73 points in the Eastern 

NHL Roundup 

Conference race, though Hartford clings to the 
eighth and final playoff berth by virtue of 
more wins. Both teams have two games left. 

Sharks 4, Avalanche 1 Colorado, the de- 
fending Stanley Cup champions, lost to San 
Jose, already eliminated from playoff con- 
tention, for the third rime in a row. Bob Errey 
scored twice and Wade Flaherty had 37 saves 
as San Jose won at Colorado. 

Blues i, Blackhawks o Chicago, in need of 
one more victory or tie to gain a playoff spot 
dicta *t get it Instead, visiting St Louis clinched 
a playoff spot by bearing the Blackhawks as 
Grant Fuhr had his 20th career shutout 

Canadans 3, Islanders 1 Montreal Won on 


Long Island, keeping New York out of the 
playoffs for the third straight season. 

Panthers 4, Devils 2 In Miami. Dave Lowry 
scored two of Florida’s four third-period goals 
as the Panthers snapped New Jersey's six- 
game unbeaten streak. 

Stars 3, Maple Leafs 2 Greg Adams touched 
off Dallas's three-goal second period on a 
power play as the Stars extended their home 
unbeaten streak to 1 1 games. 

Canucks 6, Coyotes 4 Vancouver scored 
five goals in the first period on the way to a 
home-ice victory over Phoenix. The Canucks 
moved within two points of the Blackhawks 
for the final postseason berth in the Western 
Conference. 

Red Wings 3, Oilers 3 In Edmonton, the 
Oileis fought to a tie with Detroit in a penalty- 
filled marathon. 

Mighty Ducks 4, Kings 1 Teemu Selanne 
scored his 50th goal of the season with 36 
seconds remaining, as Anaheim beat Los 
Angeles to give tbe Mighty Ducks their first 
winning season in their four-year history. 


Scoreboard 


BASEBALL 


Major League Stampihos 

JUMSKSM UASS1 

EAST DIVISION 



W 

L 

Pet 

GB 

aonimwe 

5 

2 

.714 



Boston 

4 

4 

JDO 

VA 

CenoH 

4 

4 

500 

1 !A 

New York 

4 

4 

JOB 

lVh 

’Toronto 

3 

3 

J 00 

1 H 


CENTRAL DtVBKtM 



Milwaukee 

3 

2 

zoo 

— 

Cleveland 

4 

4 

J 00 

'A 

Minnesota 

4 ' 

4 

500 

Vi 

KwisosOfy 

3 

4 

.429 

1 

Qiinga 

2 

4 

J33 

VA 


WESTUVBnN 



'Ocfckmd 

5 

3 

JUS 

w 

Serrate 

4 - 

4 

-500 

1 

Teat 

2 

3' 

400 

TA 

Anaheim 

3 

5 

J75 

3 

HJCnOMAL UUUSBE 



EAST DIVISION 




w 

L 

Ptt 

GB 

Ftorido 

6 

1 

357 

— 

Atlanta 

6 

2 

J50 

'A 

'.lermeai 

3 

4 

M9 

3 

New York 

3 

6 

333 

4 

.PhUcdetphta 

3 

6 

333 

4 


CENTRAL OmSWN 



Foaston 

5 

3 

325 

— 

- Pinsaorgn 
'OnclnnoJi 

4 

3 

4 

5 

300 

375 

1 

2 

-SL Louis 

1 

6 

.143 

TA 

Chicago 

0 

7 

.000 

4Vk 


WEST DIVISION 



Cotaroao 

6 

2 

.750 

— 

Los Angeles 

6 

3 

367 

’A 

. San Francisco 5 

3 

325 

1 

Sen Diego 

5 

4 

356 

IS* 


moms DAY' SUNS SCOWS 

AMERICAN LEAGUE 

MtUKUtt 21# 100 001 — 5 9 2 

.Detroit 002 911 20-10 19 1 

• Tewksbury. Ritchie 16 ), Swindell Ui, Olson 


Oi. Goootodo 00 and Sttnbacte Moehter, 
Lire (4, X Cummings (75, Mtcefl 0% 
TaJones (9) and Wotoedc W—J. 
Cumminm, i-o. l-rhcng m . hr— oetn* 
Higginson (3). 

Toronto ' 104 OH 000-5 10 0 

arioso ws ooo ooo-o s « 

Omens, Andufar (Q, Ptaoc (ffl, QoMree 
m and Santiagan Aharez, Simas (8), C 
Casflfet re and Karinvtce. W— Omsns. «L 
L-AkmreaO-2. 

000 110 208 0—3 11 1 
000 911 100 1—4 19 2 
Seta EsMmon (7), Tiflcek tBO and 
Hailafeaig, HcseUnan (ED; Kareay. Acre (7). 
Taylor <7), Smafl 00) and MoBna, 
GaWBoms TO- W-SmaA 14. L— Trffcefc, 
M-HR-OaUand. Berea tA). 

000 00# 001—1 t 1 
CIO 010 12B-11 13 1 “ 
Cofcn KBne Oh Pb/hk U). Axsenroatfter 
m, Storey. CB) and Boreas WWaffl. 
McCarthy (TV Chariton (9) and Momma, 
w— Wolcott. 1-1. I — Colon. - 0-1. 

HRs— Oevetand. Cflrtfc 0). Seattle, Burner 
CD. Sonsnre O), R. Dons ca. 

Mtm 000 ON 011 02-4 I 2 

Kansas aty 000 002 NO ao-4 0 0 
KamkatockL Rhodes 17). TtMaftews C7>. 
Orosco re. MBs re. RaJVtyess 01). and 
HoOas Rosado, Pichardo TO. J.WaflcerOa}, 
Bavfl 01) and MLSweeney, spettr 00). 
W-MBs. 14. L-M*. 04. Sv-RttMyw* 
t4). HRs— BatSmcre, R. PBbnelra CD. 
KcnsasQty. X BeD CD. 

New York 049 000 000-12 IS 1 

AmOmAb 000 NO 001—5 9 4 

O.Write and Paiafks Wotaarv D. Springer 

(3). HoHzTO rmdTiLGreene. W— D. Webs.1- 
0. L — VUm 0-1. 

NATIONAL leag ue 

PMMoDMa ooo ON OH-4 5 0 

Son Praneten . 201 ON OQx-3 f 0 

BJMama, Mfcnbs' 08, Sprarflii (7). 
PtartHtfrerg (8) and Parent Tuetor. D. Hnwy 
(9). Beck (91 and Jensen. w-Ruefcc, 14. 
L— A Munoz, 9-2 Sv— Beck IS). HR— Son 
Frandsav Bonds 0). 


ON 003 100-4 II 9 
Cotorodo 421 910 IN-13 19 0 

Bones, Jarvis 15). Beflnda (7). Service (9) 
and FOrdyas M-Thompson, DfPoSo (7). M. 
Muza C7h S. Reed f8). B. Ruffin (?) and 
Momwrfng. W— M. Thompson. 2-0. 
L— Bones, 0-1. HRs— OndtuntL Renders 
(3). W. Greene CD. Latin fl). Cotoiada 
Burks 2 (4), Qalannga (3)- 
HrWSftM 001 002 000 000—3 9 1 

Atlanta ON KB 000 001—4 9 0 

NfeHudek 19). B. WbgnernOL Urea (12). 
Marta (12) Bid Eusebio; NeagfeCJon&M). 
BWncM (m, Byrd (91. Embffie 02) and J. 
Lopez. EdlPnc 02). W— Embreft 1-0. 
L— Uma.0-1. 

Pittsburgh 910 000 201—4 1 0 

San Dingo- - 000 B00 029—2 7 1 

Loaiza. Ruebei (0. Ericks (9) and Hewlett 
Tl Warren, SaSt (7), Hoflmcn (9) and 
Sought W— Loaiza. l-O. L— TLWarrefl. 1-1. 
Sv— Ellcks (4). HRs— Pittsburgh, Eister 0). 
San Mega Gwynn (1). 

AY. ON ON 101 0M 00-2 4 1 
LA 020 009 NO ON 01-3 4 0 
Mlkld, R. Reed (9). Bohan on 04), Manuel 
0<l) and Hundley; Park. Rodnsky (8). 
TaWOneU TO. Hofl 00). Gutorta OIL 
CandtaW 04 and Phmo.w-Candiotfl.a4. 
L-Bahaaan. 1-1. HRs-NewYsk. Hundley 
(39. Los Angeles. ZeUe (2). 

Japanese Leaouk 

THWtnUT'SUBlLK 


HbOsMna 2 Ybfcutf 1 
Yokohama a Ha nsNn 7 
Chunkta 4, Yomturi 2 

MNKUAOIR 
Dtfei 11. Nippon Ham 2 
tantersuS, Lotte 0 
Selbu20rfxo. 


BASKETBALL 


MBA STAMP! MGS 

EASTUM CONramUCS 

atlamhc DtvanN 



W 

L 

Pet 

GB 

*- Miami 

58 

18 

J63 

— 

x-New York 

53 

23 

397 

5 

Orton da 

42 

34 

353 

16 

Washington 

39 

37 

313 

T9 

New Jersey 

23 

52 

J07 

34V, 

PMadeittNo 

21 

SS 

376 

37 

Boston 

13 

A * 

.169 

45’A 


CENTRAL eraOON 


y-Chlcogo 
x- Atlanta 
X- Detroit 
xOuntatte 
Oevetond 
Indiana 
Milwaukee 
Toronto 


10 

24 

24 

26 

37 

39 

46 

48 


J7Q — 
.664 14 1 .* 

.no is 

458 16V> 

.513 27'6 
-466 29'6 

J87 37 
J68 38 1 -? 


L 

Pet 

GB 

17 

776 

— 

24 

384 

7 

39 

387 

22 

53 

-303 

36 

56 

-263 

39 

56 

363 

39 

66 

.154 

48 


MIDWEST OrVBXM 
W 

X-Utoh 59 

x- Houston 52 

MInnesoto 37 

DoBqs 23 

Sai Antonio 20 

Dwwer 20 

Vancouver 12 

PAcrnc division 

x-Seartte 52 24 .664 - 

X-LA. Lexers 52 25 475 W 

x- Portland 45 33 577 B 

X-Phoenfe 37 » N7 15 

UA- cappers 34 42 .447 18 

SaanmefTto 31 45 ^06 21 

Golden Stole 28 48 366 24 

Cy-dJnctwd dMsinn ttfle) 
Cx-dtrWwd ptoyofl berth) 
NBNMMPS RBUiTB 


27 39 24 25—114 
15 24 25 37—101 


PMadeipMo 


A; Blaylock «-16 CL0 19, CorMn 7-14 1-2 1& 
Loettner B-13 991&- P: Iverson 12-29 15-18 
49 Stackhouse 7-23 1 2-13 77. 

Rebounds — Atlanta 61 (Mutombo 11). 
PtUlodetpWa 65 (Hendrickson n>. 

Assists— Arianla 28 (Smith Blaylock 8). 

Philadelphia 19 (Iverson 9). 

Boston 30 22 22 36-111 

Charlotte 39 25 36 36-134 

B: Walker 15-31 1-1 32. Day 7-19 5^U Q 
Rke 10-14 O* 29, Pierce M M k 
Ret BOWts— Boston 49 (Llsler9), Charlotte 55 
(Mason 15). Assists — Boston 24 (Day. 
Hawkins 5). Charlotte 33 (Bogues 10). 
Chicago T9 27 19 21— 86 

Indiana 21 23 20 14- N 

C : Jordan 9-19 7-8 23. Plppen 7-12 2-3 1 7; I: 
A. Davis +4 7-815. Jackson 4-63-3 13, MBter 
5-15 3-3 11 Smlts 5-19 54 13. 
R e bouitfls— OtlcnBO 53 (Coffey 16). Indana 
45 [D.Davto 16). Antats— Chicago M 
(Plppen 3), Indiana IB (Smlts. Best 4). 

LA. Lakers 18 19 M 28— 09 

UWt 24 27 28 39-101 

UU Jones 6-152-2 14 Rooks 1-5 10-12 12.- 
U: Malone 11-15 7-7 29. Stockton 4-1233 15. 
Rehoands— Los Angeles 45 (Campbell 11), 
Utah 49 (Russell 9). Assists— Las Anpetof 19 
(Fisher 4). Utah 27 (Stockton Id). 


HOCKEY 


NHL Stampings 

■ASTUH COUflRINCO 

ATLANTIC DIVISION 

W L T Pti GF GA 

44 22 14 102 225 177 

44 23 12 100 263 204 

34 28 19 

37 33 TO 

30 39 10 

30 40 9 

28 40 12 

NORTHEAST DIVISION 

W L T PtS GF GA 
x-BuffaJc 39 28 12 90 229 198 

x-Pmsburgh 38 33 8 84 277 265 


x-New Jersey 
x-Phlkfdeipftia 
x- Florida 
X-N.Y. Rangers 
Tampa Bay 
Washington 
H.Y. Islanders 


67 2T7 199 
54 250 224 
70 208 240 
69 197 224 

68 232 240 


Montreal 

31 

35 14 

76 

244 

270 

Hartford 

31 

38 11 

73 

220 

249 

Ottawa 

29 

36 15 

73 

222 

232 

Boston 

25 

45 9 

59 

226 

290 

wisnxNi 

iOMFUINCS 



CENTRAL DIVISION 




w 

L T 

Pts 

GF 

GA 

z-Date 

48 

34 8 

104 

24P 

1P1 

x-Oemrtt 

38 24 18 

94 

250 

191 

x -Phoenix 

37 37 7 

81 

234 

241 

n-SL Louis 

34 

35 11 

79 

228 

237 

Chicago 

32 

35 13 

77 

211 

205 

Toronto 

29 

43 8 

66 

225 

267 


PACIFIC DIVISION 




w 

L T 

Pts 

GF 

GA 

z-Colomda 

43 

23 9 

105 

273 

200 

x-Anahelm 

35 

33 13 

S3 

241 

230 

x- Edmonton 

36 

35 9 

81 

246 

236 

Vancouver 

34 

40 7 

75 

252 

209 

Calgary 

32 

39 9 

73 

210 

228 

Los Angaies 

26 

43 11 

63 

206 

2a5 

San Jose 

27 

45 B 

62 

207 

270 


Cz-cdnched cBrtstonTMe) 

(* -candied playoff berth) 
WIDNUDAY’S BISM.TS 
Hartford 0 1 3-4 

Ottawa 2 1 2-6 

First Period; D- Duchesne 18 (Zhottak) 2. 
O-. Dadkell 12 (Lambert Bonk) Second 
Period: O-McEachem 1 1 (Yashin) (shi. 4. H- 
Sanderson 36 (Emerson. Cassels) Third 
Period: H-Cassels 21 (Sanderson, Chtosson) 
(PPl- & O-Gonflner 11 (Yashin Oioreke) 7. 
H-, Wee 20 (Kopanen) a H-Cnsseb 22 
(Sanderson DTneen) 9. O-Cuiweyworth 12 
(Duchesne) Shots aa geab H- 12-58-25. 0- 
159-10-37. Goafles: H- Burke. O-Tugnun. 
Montreal 1 9 2-3 

N.Y. Islandere 0 9 1-1 

Rfft Period: M-Motokhov 10 (Bure. 
Damphousse) (pp). Second Period: None. 
TWrd Period: New York, Lapointe 11 (Wood) 
(shl. 3. M -Corson 7 (Recetd, Kohru) (pp). A 
M-. Rud risky 28 (Brunet) (en). Shots aagoiri: 
M- 8-10-10 — 2ft. New York 6-13-10-29. 
Goobes: M-Thlbault. New York. Solo. 

New Jersey 0 1 l— 2 

Florida 0 0 4—4 

First Period: None. Second Period: NJ.- 


PandoKo 6 (GOmour, MacLean) Third 
Period: F-R.Nledermayer 13 (Garpenlov. 
Warreneri X F-Lowry 14 (Washburn, 
Sheppard) A F-, Lowry 15 IR-Nledermcyer) 

5. NJ.-Hofik 21 (Andreychuk. Stevens) (pp). 

6, F- Dvorak 18 (Wanener) ten). Shots on 
gnat NJ.- 9-12-13-34. F- 14-7-8-29. 
Geofles; NJ.-arndeur. F-Vanblestmxk. 

St. Louts 1 0 0-1 

Chicago • 0 0-0 

First Period: S.L-Huil 42 (CrwrtnolL 
Petravfcky) second Period: None. Third 
Period: None. Shots on gaol: S.L- 7-59—23. 
C- 11-56-23. GooBes: S.L-Fultr. C- 
Hoefceff. 

Toronto 1 0 1—2 

Dallas 0 3 0—3 

First Period: T-Domi 11 (Manin, Oark) 
Second Poriod: D-AOams 21 (Sydor, 
Nlevwendyk) (pp). X D- Hogue 19 (Verfeee k. 
Ledyord) a D-, Bassen 5 (Verbeek) Third 
Perto± T-Surivan 13 (BereAl Wanlnerj 
Shots on geab T- 1553-la D- U-U- 
15—43. GoafeS: T-Patvin. D-Irbe. 

Sao Jose 1 0 3-4 

Colorado 0 0 t— 1 

Fist Period: 5J.-Errey 3 (Sutler. Hunter) 
Second Period: None. Tbbd Period; C-Kew 
10 (Foote, Yefle) X San Jose. Kotlov 15 
(Nazarov, Ewenl a SJ.-Errev 4 (Frtesea 
Rognarsson) 5, SJ.-Grnnato 25 (Turcotie) 
Shots on goab SJ.- 11-6-5—22. C- 1513- 
15—38. GooBes: S-I.-Floheny- C-Roy. 

Dotrett 2 0 1 0-3 

Erbnotftoa I 1 1 0-3 

Hrst Parted: E-MInmov 6 (Kovalenkoi. 1 
D- Lapointe 15.3 D-Yzerman 22 (Scndsrrom. 
Konstarrttnov) Second Pertaifc E-Smyth 37 
(Amoa Buchberger) Third Period: E-Welghi 
20 (Mardiam. Mironov) a D-Srmdsmm 18 
iKonsrominov) (sh). Overtime: None. Shots 
on 9001 : D- 7-11-9-1— 2a E- 57-151—31. 
Goalee: D- Vernon. E-Josepn. 

Pbooahr I 2 1—4 

Vancouver 5 0 1—6 

Hrst Period: V-Getlrns 33 < Bottom*. 
Joseph) Z V-Brash ear t (Walken 3. V- 
Bohonas 10 (GeHnan Babych) J. Phoenfe 
Tkochuk 51 (More) 5. V-Bohonos 11 


(Babych) 6. v-Hedlcan * (Geflnas. Llndenj 
Second Period: Phoenix. Corkum B (Mare) a 
Phoenix. Drake 16 (Stapleton) Third Period: 
Phoenix. Roe nick 2B (Drake. Stapleton! 10, 
V-GeCnas 34 iSIBnger. Unden) ten). Shots 
on goah Phoenix 9-151 2-36. V- 1 1 -9-7—27. 
GoaDas: Phoenix Khatdbulln, JablansM. V- 
McLeon. 

Lk Angeles 0 0 1-1 

Anahebn 0 1 3—4 

First Period: None. Second Period: A- 
Mironov 13 (Baumgartner. Janssens) Third 
Poriort LA.- Murray 14 (Bauchert X A-k'arpa 
2 (Baumgartner) x A-BetoM lb 5. A-Sekmne 
50 (Kariya, Kurrt) (en!. Shots on goN LA.- 9- 
9-14—32. A- 1H1 -7 — 2a GooBes: LA.- Dafoe. 
A- Hebert. 


UntO REAM CM* 

SEHIFMALS. FIRST LEG 
Bonmsia Oorimund 1. Manchester United 0 
A|ax I. JuvenhfS 2 

ENGLISH PRIMIU LEAOOO 
Coventry 3 Chelsea 1 
Derby 1. Southampton 1 
Everran I. Lefcester T 
Sheffield Wednesday 2. Tottenham 1 
West Ham a Middlesbrough 0 
Wimbledon a Aswn VBta : 

BIRMAN BUMDBSU OA 
St. Pauli 2. Bochum 1 

WORLD CUP QUALIFYING 
Zaire Z Zambia 2 


CRICKET 


SIXTH ONE DAY IHTUMATIOKA1. 

SOUTH AFRICA VS. AUSTRALIA 
muRSOAV. IN PRETORIA 

Soutn Africa Inrdngs: 284-7 (50 overs) 
Australia lend 7 game series 3-2 
ICC TROPHY 
SCOTLAND VS. IRELAND 
FRIDAY. IN KUALA LUMPUR 
Scotland Innings: 5o-l 
Rain slopped play. 


DENNIS THE MENACE PEANUTS 


CALVIN AND HOBBES 



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SUPPOSED TC) UVE. NOW THAT 

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PAGE 24 


INTERNATIONAL HERALD TRIBUNE, FRIDAY, APRIL 11, 1997 


OBSERVER 


Coming to Gripes 


Was It Worth It? The Ashes of a Writer’s Life 


By Russel! Baker 


N EW YORK — We are 
fortunate todav to have 


IN fortunate today to have 
with us Dr. B.B. Braithwaite, 
the eminent authority on self- 
help. diet, getting rich quick 
and finding spiritual peace in 
30 days. Dr. Braithwaite has 
kindly agreed to answer a few 
questions From our readers. 

Fitsl doctor, can you ex- 
plain to Baffled Baseball Fan 
why our government refuses 
to let our teams play baseball 
in Communist Cuba while 
leaning over backward to en- 
courage our businessmen to 
toady for big bucks in Com- 
munist China? 

“Gladly. All communism 
is bad. bur Cuba's commun- 
ism is worse than anybody 
else s communism. We have 
spent 40 years trying to abol- 
ish it. and it still refuses to 
disperse. 

“China, on the other hand, 
not only picks up the bill for 
our excessively costly elec- 
tions. but also provides our 
retailers with cheap tennis 
shoes for which they can 
charge us ridiculously high 
prices. Without ridiculously 
expensive cheap tennis shoes. 
Americans might never again 
be able to gefout of the ear 
and walk around the block." 


While on the subject of 
China. Dr. Braithwaite. per- 
haps you can answer this one 
from Irked Russian: Why en- 
large NATO to sunound Rus- 
sia more lightly, now that 
Russia has gone capitalist? 
Isn’t it more sensible for 
NATO to surround China 
now that China is the world's 
most heavily armed Commu- 
nist power? Wanr to tackle 
that. Doctor? 

“What an innocent you 
ore. Mr. Irked Russian. The 
United States is full of voters 


of Eastern European extrac- 
tion who despise and fear 
Russia in any form. To har- 
vest their votes, politicians 
must move NATO ever closer 
to the gates of Moscow. 

"As for China, think for a 
moment what this proud, 
highly aggressive, heavily 
armed, repressive and nasty 
regime might do if we ex- 
tended NATO to its very bor- 
ders. You, Mr. Irked Russian, 
could end up without any in- 
credibly expensive cheap’ ten- 
nis shoes." 

Doctor, will you tell Mr. 
Sorehead why he should not 
be cross with Alan Green- 
span? He says every time he 
gets a job Alan Greenspan 
says too many people have 
jobs and raises interest rates 
to throw him. Mr. Sorehead, 
out of work again. What ad- 
vice. Doctor, can you give 
this churlish prole to make 
him feel more kindly to Alan 
Greenspan? 

“Just this. Mr. Sorehead: 
Keep whining about Alan 
Greenspan and you'll be 
known as a common scold. 
Do you think Alan Greenspan 
has a personal grudge against 
you? Don't be a dunce. 

“Alan Greenspan is an 
economist. Do you think 
economists harbor grudges 
against people? Nonsense. 
Economists are not interested 
in people. When they look at 
the world, they do not see 
people, they see statistics. 

"To Alan Greenspan, as to 
all economists, you. Mr. 
Sorehead, are not Mr. Sore- 
head at all. You are a number. 
A very interesting number, to 
be sure, but just a’number. So 
for heaven’s sake. man. quit 
blubbering, buck up and start 
acting like a number." 

Thank you. Doctor. I’m 
sure your wisdom will lead us 
all to spirirual peace before 
the month is out. if not a 10- 
pound weight loss. 


By Dan Barry 

Sew York Times Service 


B AY SHORE, New York — A stretch JC 
limousine stopped in front of a Man- 
hanan apartment building Wednesday r : " 
morning to pick up a retired schoolteacher 
named Frank Me Court. It was a means of J 
travel not to his taste, but such are the 
burdens of luxury for someone who has just 
won the Pulitzer Prize for biography. 

Since the announcement of the award on 
Monday. McCourt has been toasted at a 
Champagne breakfast, received dozens of 
congratulatory letters and telegrams, and 
appeared on both the "Today" program and 
' 'Late Night With Conan O'Brien. ' ’ But the 
spare-no-expense celebrations have not kept 
him from maintaining his posture of wise 
detachment. After alt. bis award-winning 
memoir. “Angela's Ashes" (Scribner. 

1996). centers on an Irish childhood of re- 
lentless poverty: of flea- infested mattresses 
and dying infant siblings, of a Father who 
drank'and a mother who endured. 

Nor did all the hoopla prevent McCourt 
from keeping a longstanding commitment to 
go to Bay Shore High School and talk to 
students about the an of writing from ex- 
perience. He climbed into the limousine — 
who paid tor it. he did not know — and 
headed east toward Long Island. Frank McC( 

A few hours later, and less than two days 
after having won the Pulitzer Prize, a white-haired man 
stepped up To a lectern in the high school's auditorium and 
presented himself as a 66-year-old, first-time author. His 
message to the hundreds of students: to understand, as he did. 
the storytelling power of your own life. "I learned the 
significance of my own insignificant life." McCourt said. 

'’Thar learning process took decades. For many years. 
McCourt associated with some of the celebrated writers and 
journalists of New York City, swapping tales at the Old 
Town Bar. singing Irish ballads at the Lion's Head. But he 
would often return home feeling as though he too should be 
writing: that he too should be learning from the English 
lessons he preached to his students ar Sruyvesant High 
School in Manhattan. 

He never doubted that he had a story to tell. When he was 
4. his Irish -bom parents moved from Depression -ridden 
Brooklyn back to Ireland, where the family's conditions only 
worsened. In little more than a year, a pair of toddler twins 
and a weeks-old baby girl died. His father. Malachy. spun 
within the alcoholic's spiral: get a job. drink the wages, miss 
a day's work, get fired. His mother. Angela, held the family 
together by groveling for its food and clothing. Life for 
young Frank was a blur of begging, catching a school- 
master's switch and shivering in the Limerick wetness. 

In an interview before his speech. McCourt recalled that he 



He has accepted this mantle with good 
grace. But he said he has noticed a touch of 
stereotyping in the reviews of his book. 
Critics, he said, tend to describe his book— 
and the bodes of other Irish authors, for that 
matter — as "charming and lyrical. In 


■; v - 


Ubndu RonKT^vTV Nr, Yort Ttm-» 

Frank McCourt signs copies of "Angela's Ashes," his Pulitzer-Priz^ winning book. 


said. “I wanted to get away from that Irish 
stuff. And I did." 

When McCourt alighted from the lim- 
ousine. the teachers at Bay Shore High 
greeted him with a breakfast in the school 
superintendent's boardroom. Next to the 
rrfliffins was a pile of copies of “Angela s 
Ashes” waiting to be signed. Against one 
wall bung a large sign; " ’tis a Pulitzer." 

Nina Wolff, the coordinator of the writ- 
ing conference, which was called "The 
Ethnic Pen," admitted to wearying that the 
post-Pulitzer crush might force McCourt to 
rvflnrf»l his visit. Although other accom- 
plished authors were attending, he was 
scheduled to give the keynote address to 
students from 30 Long Island high schools. 
"But be’ s first and foremost a teacher.’ * she 
said. "He wouldn't do that to students. ’ 

The teachers and the special guest fin- 
ished their coffee and headed to the aud- 
itorium. Appearing first on the stage was 
Keystone, a group of young musicians that 
sang about about love and life on the chai- 


dl' m ' 






jOTalk 




had tried to write the book of his childhood almost 30 years lenging streets of the East New York section of Brooklyn, 
ago, but wound up setting the 125-page manuscript aside. "I The band's lyrics, one speaker noted, were a form of urban 


was going through my James Joyce period, studied and 
affected.” he said. "I was still struggling to find my voice." 

The years swept by. His mother died in 198 1, his es- 
tranged father in 1985. He retired from schoolteaching in 


literature. The band's heavy bass notes shook the old 
wooden walls and energized some students to clap and 
dance. 

Then McCourt slight and white-haired, took the stage. 


1 987. did some freelance writing, performed with his brother After 27 years as a teacher, be knew how to keep the attention 

t, . , i. „ dI..... ..A . rt.. lliit riu nnuwr nf hie ctnrv ^ Inni* wnilld 


Malachy in a show called "A Couple of Blaguards.’ ' Frank of a student audience. But the power of his story alone would 
McCourt knew that the point of permanent regret was have done the job: of his drunken father waking him and his 


have done the job: 


approaching. "All along, I wanted to do this book badly,’ * he brothers in the middle of the night to make them vow to die 
said. ‘T would have to do it or I would have died howl- for Ireland"; of being so poor that he aspired to become an 
mg." inmatein America. “My dream was purely economic, " he 


In November 1995, after a year of feverish writing, 
McCourt finished his manuscript about Angela and her lot. 
Completion brought him peace. "It's between the covers of 
the book now," he said 
“It’s captured” 


It s captured 

The book has also brought him acclaim. In addition to the 
ilitzer, which, he savs. “I really didn't believe I was going 


Pulitzer, which, he says. really didn't believe I was going 
to get. ' ’ * 4 Angela’s Ashes' ' won an award from the National 
Book Critics Circle, and has risen to No. 1 on The New York 
Times nonfiction best-seller list It has also elevated him to a 
position in which he is called upon to expound an any Irish 
matter, "from agriculture to die decline m the consumption 
of claret in the west of Ireland” 


said "In prison everybody was warm and got three meals a 

day-” 

His message to the students, in a community with a 
depressed downtown, was to work past their anger, rec- 
ognize their self-worth and see the significance of their lives. 
When he finished, the teenagers stomped their feet. 

Afterward McCourt sat in the school library to answer 
questions. 

“Do you think it was worth it now?" one student asked. 
“Your childhood?” 

McCourt smiled a gentle and sad smile. 

"Now, yes,’ ’ he said. "But I wouldn't want to have to do 
it again." 



PEOPLE 


T HERE will be no festival celebrating Ernest 
Hemingway this year in Key West, Florida. 


JL Hemingway this year in Key West, Florida. 
The author’s three sons. Jack. Patrick and 
Gregory, say the Hemingway Days Festival, held 
for the past 16 years near his former home in Key 
West, is tasteless and tacky. They threatened to sue 
if they didn't receive a 10-percent cut of the pro- 
ceeds and control over the festival, and the or- 
ganizers, rather than battle it out in court, decided to 
shut the festival down. That means no tour of 
Hemingway’s favorite haunts, such as Sloppy Joe’s 
Bar on Duvall Street and Captain Tony's Saloon 
around the comer, and no short story competition 
for aspiring writers. (Michael Halpern, the owner 
of Sloppy Joe’s, says the Hemingway look-alike 
contest, which the bar sponsors, will continue. 
"I’m hoping they won’t sue us." he said.) "We 
think it is very lacking in taste. We think it is a 
travesty on the memory of Ernest Hemingway," 
Patrick Hemingway said by phone from his home in 
Bozeman, Montana. 4 4 We think it has gone on long 
enough. We believe it is no longer tolerable." 


the members of Soundgarden have amicably and 
mutually decided to disband to pursue other in- 
terests.” said the statement "There is no word at 
this time on any of the members’ future plans." 
Soundgarden, known for a thunderous, brooding 
instrumental approach, came to prominence in the 
late 1980s as part of the Seattle rock scene that also 
spawned Pearl Jam and Nirvana. 


mouse. He patented the wooden shell covering two 
metal wheels in 1970 as an 4 *X-Y position indicator 


metal wheels in 1970 as an 4 *X-Y position indicator 
fora display system." 


More than 1,000 Haitian fans greeted the Fugees 
as the U.S.-based trio returned to its roots for two 
concerts for the benefit of Haitian refugees. Two of 
the group's three members, Wyclef Jean and Pras 
Michel, were bom in Haiti. They will perform 
Friday at the Club Med resort hotel, with tickets 
selling for $100. Tickets to an open-air concert 
Saturday in Port-au-Prince will cost $3.10. 


Walter Cronlrite, 80. was released from New 
York Hospital -Cornell Medical Center, eight days 
after undergoing quadruple bypass surgery. In a 
statement, he said his doctors had told him that 4 ‘my 
recovery is right on schedule and that I’m in 
excellent shape." 




Wyclef Jean of the Fugees arriving in Haiti, where the group will give two concerts. 


One of the best-selling rock groups of the decade 
has disbanded quietly, as the members of 
Soundgarden announced their breakup in a brief 
statement posted on the Internet, "After 12 years. 


He invented die computer mouse, fathered e- 
mail and the Internet, and set up a computer-video 
teleconference back when such was the stuff of 
science fiction. And now, Douglas Engelbart — 
hardly a household name — has been awarded the 
largest cash prize for American inventors, the 
5500,000 Lemelson-MIT award. Engelbart accep- 
ted the prize as he cradled the world's very first 


For a while, it seemed as if nobody appreciated 
Zurab Tsereteli, Russia’s most ridiculed sculptor. ; 

But his savior may have stepped forward Thureday 
in the person of Philippe Moste, mayor of the tiny L 

French Atlantic town of Royan. Moste thinks 
Tsereteli’s enormous monument to Peter the L; 
Great — a statue that has become die laugh- • 
ingstock of Moscow — would look just great in his 
hamlet and has suggested in a letter to President • % 
Boris Yeltsin and Yuri Luzhkov, Moscow's may- *.:! 

__ .u.. n.. . . P'-: 


or, that Russia might want to make it a gift to the SCi 
people of Royan. Tsereteli’s 50-meter monument 


people of Royan. Tsereteli's 50-meter monument 
to Peter, which looms over the Moscow River near 
the Kremlin, recendy prompted Yeltsin to ask: 
"Don’t we have other sculptors and artists?" 


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calling from and you'll get the fastest, clearest connec- 


tions home. And be sure to charge your mils on vour 


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Please check the list below for AT&T Access Numbers. 


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338 000 8730 nil 

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Austria*: . . 

Belgium* 

Czech Republic* . 

Fnm . . 

Germany 
Grata* .. 

Ireland 

Italy* 

Nettariantfj* 

Rants *a(Mdkow)» 
Spain . 


°22-9Kjm svKzntani, 
O-BOUBfl-lD united Klntytom*... 


00-42-000-101 

..WW-9W01T 

. 0130-0010 Egypt*(G3lro)r 


00-800-1311 Israel - 

1-800-550*000 Sautfl Arabia o. 


172-1011 

6880-022-9111 GfHJH. ~ . 


. 735*5042 Kenya* 

900-99-00-11 Smith Africa ■■ 


020-79M11 

0880-89-0011 

. . 050049-0011 

0809-89-0011 

■IPOt-E EAST 

.810-0209 

_.. 177-100-2727 

. . 1-880-10 

AFRICA 

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WW-99-8128 


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