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INTERNATIONAL 



(tribune 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


The World’s Daily Newspaper 


Paris, Monday, April 14, 1997 



No. 35,495 


As the Market Turns, 

the Faith 



Despite Recent Setbacks for Stocks, 
Investors Try to T hink Long-Term 


By Jill Diitt 

W&tington Post Service 


NEW YORK — Carl Frandsen is a 
true believer. 

The 61-year-old government attor- 
ney wants to have $1 million by the time 
lie retires in a few years, and the only 
figures he can get.therc on his 
$60,000 annual salary is to buy stocks. 
Lots erf - them. Sometimes even using 
borrowed money. 

That strategy worked well for Mr. 

Frandsen until these last few weeks. The 

Dow Jones industrial average of blue- 
chip stocks has fallen 9.8 percent in one 
month and, like millions of Ameri cans 
who rode the equity boom up. Mr. 
Frandsen is facing what may become 
the first substantial decline in stock 
prices since 1990. 

“If the whole market heads south, 1*11 
be wiped out,” Mr. Frandsen said flatly 
last Friday after fee Dow dropped nearly 
150 points, tipping the market's returns 
into negative territory for the year. 


Bm Mr. Frandsen is sitting tight, even 
though all of his $260, 000-plus retire- 
ment portfolio is invested in stocks. 

Amidsuch turbulence it is not easy ro 
heed the advice of financial planners: 
Stay calm and think long-term; ignore 
the daily stock tables ami build a di- 
versified portfolio drat includes stocks 
as well as bonds and cash. 

Several planners, however, said they 
had bear reminding clients to do just 
that during this downturn. 

.. ‘‘Investors need to implement a well- 
designed, prudent, well-diversified 
portfolio,*’ said Lynn Hopewell, a fi- 
nancial planner at the Monitor Group 
Inc. in Fairfax, Virginia. “That way, 
when the market boogies up and down, 
it doesn’t matter.” 

No analyst can reliably predict the 
direction of financial markets, but many 
agree cm one thing: The broad market is 
unlikely to repeat its incredible per- 
formance of the last two years, in which 

See INVEST, Page 10 


Tightly Guarded in Sarajevo, the Pope Preaches forgiveness 





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Pope John Pan! II giving communion to a Bosnian Croat soldier during a Mass Sunday at a stadium in 
Sarajevo, Bosnia-Herzegovina. Some 40,000 of the faithful gathered to see the Pope, who urged the 
“courage of forgiveness.’' His visit was marred by the discovery of explosives along his route. Page 2. 


French Paradox: The Absence of Women in Politics 


By John VInocur 

International Herald Tribune 


PARIS — France has a national temperament of 
rationality that admits to the occasional paradox. 
When you’re terrific, you should tolerate a human- 
izing flaw or two, right? But tbe country is having an 
increasingly difficult time with these blemishes: ' 
Why does France rank 72d worldwide, in a dead 

heat with Alhania and h fthfnri gyrg y xfaw 

and Togo, in women’s representation in national 
parliaments? Whyare there- fewer women in the 
National Assembly nowtban in 1945? Why are there 
no French women running any of the nation’s top 200 
businesses, and why do women graduates of the 
country’s top business school make 10 percent to 15 


percent less money on their first jobs than men with 
the same degrees? 

■The first part of the paradox is that even the 
sharpest women critics of the patent inequalities in 
French public and business life say the problem is 
masked because relations between men and women 
in France are, in fact, rather good. The paradox’s 
second aspect is that there is no clear explanation at 
' hand for why, in a hypercritical society, the in- 
equalities have been tolerated for so long; or why. 
suddenly this spring, there has been a blossoming of 
books, political initiatives and discussions aimed at 
corcecting them. 

“It’s a revolt,’’ said Edith Cress on, a former 
Socialist prime minister, sounding a bit surprised bat 
amused. 4 ‘We’re behind Uganda in the parliamentary 


rankings and dead last within the European Union. 
When I went to business school, there was a section 
for ‘jeunes fiUes’ We were told that we would 
become confidantes to our bosses: ‘Everybody will 
be jealous. You’ll have to steel yourself. You'll have 
to be impeccable.* I was just about to explode. 

“The boys were going to be the bosses. And they 
still are.” 

Rather than a revolt, there seems to be a confluence 
of coincidences. Legislative elections will take place 
within 12 months, and the parties are focusing on 
designating candidates for the hundreds of races. A 
Socialist Party decision to have women run in 30 
percent of the constituencies — they now hold 5.7 

See FRANCE, Page 6 


From Amie to Jack to the Newest Master: Tiger Wbods 

21-Year-OId’s Sweet Swing 
Puts Him Atop Golfing World 


By Leonard Shapiro 

Washington Post Service 


AUGUSTA, Georgia. — Look at the faces, and 
listen to the hushed tones — it was golfhistory that the 
gallery was witnessing on a cloudy gray day among the 
tall pines at staid old Augusta National. 

Golf normally is a quiet sport, but the gridlocked 
gallery that followed 21 -year-old Tiger Woods reacted 
to' his birdies said eagles with. (he same sonic-boom 
roar once reserved only for Arnold Palmer and Jack 
Ntcfclaus in their primes. And they had plenty of 
birdies and eagles to cheer in the third round as Woods 
continued his quest to become the youngest player — - 
and die first man of color — to win the Masters, one of 
golf’s four major championships. 

“What this young man is doing out here is phe- 
nomenal,*’ said William Mire, a Cin cinnati attorney 
watching Woods at the fourth hole. “I like him more 
for his demeanor, how he handles him s elf so well far 

such a young kid. You can see thegolf game; you don’t 
have to say a titing about float.” 

After bursting to a three-shot lead with a st unning oo 
on Friday, Woods ran away from the pack Saturday, 
rewarding the teeming thousands everywhere he 
looked by finishing 15 under par, tying the 54-hole 
course record set by Raymond Floyd in 1976 — a few 
months after Woods was bom — and taking a mne- 
shot lead — another course record after 54 holes — 

into Sunday's final round. 

The faces following Woods were mostly white, with 
the occasional splash of black. It was a well- dresse d 
crowd, lots of linen and silk, fancy golf shirts feamrmg 
logos from country clubs around America, and mostly 
devoid of younger children seen at most other HjA 

Tour stops. . . . 

Among the exceptions were celebrities, who reem 
to be just as drawn to tire slightly budt golfer from 
Cypress, California. On Friday, the Dallas Cowboys 

cateh, Barry Switzer, dtetemisgr^trinmyCcm^ 
and the former Washington Redskins AU-Pro safety 

Mark Murphy were Tiger-waichmg. . 

Woods/whose father is 
mother is Asiaa-Amencan, had a 10 
golfer of color to win any 

Mastere. the VS. Open, the British Open and foe PGA 
Tournament Blacks were not 
the Masters until Lee Elder burst tamgh feat 
barrier in 1975, and Augusta National currently has 

were being scaiped 
Sec WOODS, Page 20 



llin Hn»hnm,‘Hniirr> 


Tiger Woods watching the flight of a tee shot at the Masters, where he led in Sunday's final round. 


100,000 Rally 
In Tehran to 
Assail German 
Court Ruling 


The Associated Press 

TEHRAN — More than 100.000 Ir- 
anians marched on the German Em- 
bassy here Sunday to protest a German 
court ruling that implicated Iranian 
leaders in political assassinations. 

Hundreds of police in full riot gear 
ringed the embassy compound in central 
Tehran, but the protest appeared or- 
derly. 

Cries of “Death to America!” and 
“Death to Israel!” — the usual slogans 
shouted during demonstrations in Iran 
— thundered from the crowd. An Israeli 
flag was set ablaze. 

But there were no chants against Ger- 
many, and organizers stopped the crowd 
from burning a German flag and an 
effigy of the German judge who issued 
the verdict 

The official Iranian press agency, 
IRNA. said “millions” were expected 
to attend rallies nationwide. 

Demonstrations also were reported in 
eight other cities, including Qom, 120 
kilometers (75 miles) south of Tehran. 
Casses were canceled Sunday to allow 
seminarians ro take pan in rallies in the 
holy city, the seat of Iran’s ruling Shiite 
Muslim clergy. 

Demonstrators in Qom also shouted 
slogans against America and Israel. 
Tehran radio reported. It quoted other 
chants as saying: “This evil plot has 
made Germany the target of hate for 
everyone” or that “Germany has now 
turned into a U.S. toy.’’ 

There were no reports of violence. 

Meanwhile, the 270-seat Majlis, or 
Parliament, held a closed session to 
review relations with Germany. 

Hassan Rowhani, the deputy speaker, 
called for a “total revision of ties with 
Germany.” 

He also called on the government to 
stop all investment in Germany and ban 

See TEHRAN. Page 6 


Top Iranian 
Linked to 
Blast at U.S. 
Garrison 

Intelligence Officer 
Said to Have Met 
Key Saudi Suspect 


By David B. Ottaway 
and Brian Duffy 

Washington Post Srn it t 

WASHINGTON — American and 
Saudi intelligence authorities have 
linked a senior Iranian government of- 
ficial to a group of Shiite Muslims sus- 
pected of bombing an American military 
compound in Saudi Arabia last year, 
according to U.S. and Saudi officials. 

Intelligence information indicates that 
Brigadier Ahmad Sheriff, a senior Iranian 
intelligence officer and a top official in 
Iran's Revolutionary Guards, met 
roughly two years before the bombing 
with a Saudi Shiite arrested March 1 8 in 
Canada, the officials said. The man. Hani 
Abdel Rahim Sayegh, had fled Saudi 
Arabia shortly after the June 25 bombing 
that killed 19 American servicemen and 
wounded more than 500 others, accord- 
ing to Canadian court records. 

If the report proves to be true, the 
United States should consider attacks on 
“certain very high-value targets in Ir- 
an.” Newt Gingrich, the Republican 
House speaker, said on Fox television. 

Mr. Sayegh. 28. has been identified 
by Canadian authorities as “a direct 
participant” in the truck bomb explo- 
sion at the Khobar Towers complex. 
Canadian court documents identify Mr. 
Sayegh as a member of Saudi Hezbol- 
lah. an Iranian-backed group of militant 
Shiite Muslims. 

The intelligence tying Brigadier Sheri- 
fi to Mr. Sayegh has persuaded a growing 
number of officials in Washington and 
Riyadh of Iran’s direct involvement in 
the attack. American and Saudi officials 
said. “Iran was the organizing force be- 
hind it.” a U.S. official said. 

But several other American officials, 
noting the difficulty in assessing the 
fragmentary evidence available, said 
they had yet to be firmly persuaded of 
Tehran's role. 

If Iran, which has denied ail com- 
plicity. is proven to have been involved 
in the attack, the Clinton administration 
could come under pressure to retaliate 
militarily or economically. The United 
States regards Iran as the world's fore- 
most sponsor of international terrorism, 
through its agents and through the un- 
derground action wing of Hezbollah, 
based in the Bekaa, the valley in eastern 
Lebanon. 

The Lebanese Shiite political and so- 
cial movement, which Iranian agents 
helped found in the early 1980s. has 
spawned Iranian-fostered replicas in 
other Arab countries with their own 
underground operatives such as those in 
Bahrain and Saudi Arabia. 

The evidence of Iranian links lo the 
Saudi Shiites suspected in the Khobar 
bombing includes bank checks signed 
by Brigadier Sherifi, according to Saudi 
sources. It is unclear whether the checks 
were given to Mr. Sayegh or other sus- 
pects in the attack. 

Canadian and Saudi intelligence 
agencies have collected much of their 
information about Mr. Sayegh’s alleged 
role in the bombing, as well as his links 
to Iranian authorities, from intercepts of 
telephone calls to his wife and family in 

See KHOBAR, Page 6 


AGENDA 


Zaire Rebels Back on Offensive 

Zaire’s rebels said Sunday they were restarting their offensive 
after a three-day deadline expired for President Mobutu Sese Seko 
to quit In Kinshasa, the capital, the new military governor 
appealed for calm, saying that developments on the war front had 
sown panic. Opposition militants who have declared support for 
the rebel leader, Laurent Kabila, have called for a total shutdown of 
the capital on Monday as part of a planned campaign to force an 
end to Marshal Mobutu’s 32-year rule. The rebels control about 
half of Zaire, including the mineral-producing regions. Page 9. 

Indian Coalition Considers New Chief 

India's United Front coalition said Sunday it would consider a 
demand by the rival Congress (I) Party to replace its leader, the 
defeated Prime Minister ELD. Deve Gowda, to try to avert new 
elections. Mr. Deve Gowda offered to step down from the leadership 
of United Front, the United News of India reported. Page 4. 


RAGE TWO 

Volcano Devastated Lives and Land 

THE AMERICAS Pafle 3. 

Democrats Can't Refund Donations 

ASIA/PACIFIC Page 4. 

China Revives Regional Fears 

EUROPE Page 5. 

Csech-Slovak Squabble Over M4TO 

Books Page 9. 

Crossword Page 9. 

Opinion Page 8. 

Sports— Pages 18-20. 


International Classified 


Page W. 


The iHT on-Jine httpVAvv/w.iht.com 


Oral Obituaries in China 

As Mao’s Zealots Die, State Has No Comment 


By Patrick E. Tyler 

iVev fort Service 


BEUING — On a recent afternoon, a 
veteran of China’s pro-democracy 
movement noticed that the police who 
had been camped outside his apartment 
keeping him under surveillance for 
more than two years suddenly were ab- 
sent. so he went out on a sunny winter 
day and met a friend for coffee. 

“Did you hear that Sun Pengyi 
died?” the dissident said. 

“Who is Sun Pengyi?" the friend 
replied 


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New Urban Peril: U.S. Army Keeps Dropping In 


By Dana Priest- 

Washington Post Service 


Army Black 
odedfrom 



WASHINGTON — A dozea U-S. 

Hawk heficoptars, tbeir limits an, descended from the 
nig ht sky March 4 cm a corner of Charlotte, North 
Carolina. They swooped among the high-rise apartment 
buildings, then dropped dozens of special-operations 
troops, some with; their weapons blasting, into an aban- 
doned warehouse to capture a group of terrorists.” 

Some terrified readents grabbed their guns. Others 
ducked into doorways. TIk 91 1 line went crazy, as did 
Mayor Pat McCriny’s telephone line. 


‘1 could barely hear the callers because of the 
helicopter noise and fee gunfire in the background,” 
Mr. McCrory recalled. 

Neither Mr. McCrory n or his police chief was sure 
what was going on. But they had a due; Three months 
earlier, two men in jeans and T-shirts from fee se- 
cretive U.S. Army Spedal Operations Command had 
visited Mr. McCrory ’s office to ask permission to 
conduct urban counterterrorism exercises they said 
would go unnoticed. Mr. McCrory signed a con- 
fidentiality statement agreeing not to disclose the 
event beforehand for national security’s sake. 

“We were misled," said Mr. McCrory, who was 


forced by the public outcry to kick fee army out of 
Charlotte after fee first of what was to have been three 
days of urban anti terrorism training. “How they 
thought you could come in and out without any 
disturbance is beyond me. It was almost like a 
blitzkrieg operation. People went and got their gum. I 
feel fortunate no one was hurt.” 

Over the last three years, the U.S. Army Special 
Operations Command has conducted at least 21 such 
exercises in 21 American dries, including Atlanta. 
Chicago, Dallas, Detroit, Houston, Los Angeles, New 

See TERROR, Page 6 


‘‘He was very famous in the Cultural 
Revolution.” the dissident said. “He 
and Nie Yuanze put up the first big 
character poster at Beijing University in 
1 966 and Mao praised diem. Sun Pengyi 
was known to everyone then.” 

This is bow a certain kind of obituary 
gets noted in China, the obituary of a 
nonperson. 

Sun Pengyi was one of the radicals of 
Mao's Great Proletarian Cultural Rev- 
olution, when “big character posters” 
were used more effectively than bullets 
in the political struggle that convulsed 
the nation. His obituary has been cir- 
culating for months in China, but not in 
writing. For nonpersons, there is only 
word of mouth. 

Today’s Communist Party leaders do 
not allow any memorials or mentions in 
the press for the most notorious figures 
of the Cultural Revolution — and not 
only because most party leaders would 
just as soon forget a time when many of 
them were jailed or “sent down” to fee 
countryside by Mao to learn revolution 
from the “grass roots,” or just to shovel 
manure. 

That decade, from 1966 to 1976, was 
also a time when neighbors informed on 
neighbors, students overthrew feeir 
teachers, the police turned on fee police, 
all in a political environment of paranoia 

See CHINA, Page 6 


I 






INTERNATIONAL HERALD TRIBUNE, MONDAY, APRIL 14, 1997 


page mo 


Continuing Disaster / 6 Years After Philippine Eruption 

Volcano ’s Devastation: Lives and Land 


By Seib Mydans 

New York Times Service 


D APDAP. Philippines — Through the 
fine, gray volcanic dust that filled the 
air. the ghostly figure of a woman 
emerged, wrapped like a mummy in 
rags, one hand stretched out before her. 

Then another figure emerged, and another. 
They are the beggars of Mount Pinatubo, the 
volcano that erupted nearly six years ago and 
continues, with yearly flows of sludge in the 
rainy season, to bury towns and drive people 
from homes. 

After 600 dormant years. Mount Pinatubo 
exploded in June 1991 in one of the most de- 
structive volcanic eruptions of the century. Its 
vast outpouring of concretelike sludge has 
turned hundreds of square miles of surrounding 
farmland into a dead gray desert. 

Scientists say these yearly inundations could 
continue for a decade, wiping out more towns 
and cities. Hundreds of thousands of people 
continue to live in peril for miles around. 

Bacolor. a Spanish-era city 25 miles from the 
mountain, survived until September 1995, when 
it disappeared under more than 20 feet of 
hardened sludge, which seismologists call lahar. 

Little more than the dome and belfry of the San 
Guillermo Church remain visible, and its handful 
of remaining parishioners now enter through the 
window of the choir loft. The sound of its huge 
brass bell, so close to the ground, reverberates 
shockingly across the empty landscape. 

It is as if the surface of the earth around Mount 
Pinatubo has turned itself inside out. This new 
landscape, up to 90 feel (28 meters) deep, is 
made up of volcanic ejecta, sand and feather- 
light pebbles and porous boulders from deep 
inside the mountain. 

Vast amounts of the dry material still cover the 
mountain's slopes, its temperature still up to 495 
degrees Fahrenheit (257 centigrade). In mon- 
soon season each autumn, the material mixes 
with the water and flows in vast amounts as fast 
as 25 miles (40 kilometers) an hour. 

Lahar is a pan of life in the refugee settlement 
of Dapdap. 60 miles from Manila, where 10.000 
people who fled the nearby town of Bam ban live 
in drab hollow-block houses made from the same 
material that buried their homes. 

Their streets are paved with labar-based con- 
crete. Their children play in lahar sand pits. Then- 
only industry is a small tin-roofed factory where 
a single workman mixes in cement and makes 
building blocks from die lahar. 

Almost nobody here has a job. and many 
people spend the hot afternoons playing cards for 
half a peso a hand. “We play to forget what is 
happening to us," said Merlyn David, who used 
to be a farmer. 

When the refugees go out to beg, they wrap 
themselves and their children against the dust 
churned up by passing cars and trucks. Wien it 
rains, the dust turns to mud, and travelers in 
central Luzon must make a seven-hour detour. 

In Bamban. a hillside cemetery is all that sur- 
vived the volcanic flows in 1 992. Last Nov. 1 , AH 
Saints Day, its former residents trekked through 
this new desert to light candles at its graves. 



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Dressed to protect themselves from windblown dust, residents are reduced to begging in the gray desert that once was their farmland. 


“The dead were the only ones who were not 
buried by the iahar,” said a refugee, Efren 
Raagas, who is an administrator of the set- 
tlement. 

The continuing disaster of Mount Pinatubo 
has destroyed a broad swath of the nation’s most 
fertile rice land and caused hundreds of millions 
of dollars in damage. One thousand or more 
people have died. 


El 


IGHT major rivers have been choked 
with lahar. leaving few waterways for 
the rainy-season downpours and caus- 
ing flooding that has left some villages 
in vast green pools of stagnant water. 

“In terms of magnitude. Mount Pinatubo is 
unprecedented,'’ said Kelvin Rodolfo, a vol- 
canologist at die University of Chicago. “No 
lahar flows of this magnitude and duration have 
ever been recorded. Mourn Saint Helens was 
nowhere near this magnitude.” 

So far. more than 9 billion cubic yards of lahar 
has covered the countryside, driving 1.2 million 
people, a fifth of the region’s population, from 
their homes. As much as 27 billion cubic yards of 
volcanic material remains on the mountainside, 
ready to be transformed into fast-moving slurries 


by the yearly monsoon rains. The remaining 
towns in the province of Pampanga are des- 
perately competing to survive. 

A series of lahar-based dikes have been built 
in hopes of redirecting future flows and have 
touched off wild protests from the people of 
smaller towns who say they are being sacrificed 
to save the provincial capital, San Fernando. 

“It is axiomatic that you cannot save one town 
without making someone upstream or down- 
stream or to me side pay for it,” said Mr. 
Rodolfo. 

People who live here are convinced that Ba- 
color itself was sacrificed, with the use of dikes, 
to save San Fernando. Bacolor’s neighbors are 
next and their residents have demonstrated in a 
vain attempt to stop work on a nearby dike. 
Armed troops now guard the bulldozers. 

“During the rainy seasons, residents of rival 
villages invoke the names of their patron saints 
to save them from the lahar flows,” said Randy 
David, a sociologist whose family has fled 
Guagua. ‘ ‘It is a competition to see whose patron 
saints are more powerful with God. This has 
been, replaced by the more mundane struggle of 
committees, who can pull strings and reshape the 
engineering intervention.” 


Nobody really knows how much more lahar 
will flow or how many more years it will con- 
tinue, Mr. Rodolfo said. F-ahar that has buried the 
landscape one year can be “remobiiized” by die 
next year’s rains. Indeed, some towns that were 
buried in 1991 and 1992 have partly re-emerged 
as new rain washes the hard-packed volcanic 
sand farther across the landscape. 

“The worst disaster to dare buried a village on 
the outskirts of Bacolor on Oct. 1. 1995,” Mr. 
Rodolfo said. “In four hours, 27 feet of lahar 
came down. That was all remobilized material.” 

In Bacolor. a few roofs of the taller buildings 
remain, as if lying on the ground, some with 
signs for schools or banks or municipal offices. 

About 150 stubborn families have returned to 
the city, where 65,000 people once lived, loyal to 
a piece of geography. Where their homes are 
buried they have built shanties on stilts made of 
volcanic concrete, in case of future flows. These 
are frightened and Tra umatize d people, and some 
have shanties teetering 20 feet above die 
ground. 

“Bacolor is dead.” said one resident. 
Reraedios Cabal! a, who has built a dwelling on 
the roof of what was once a bank. “But tins is my 
home. I cannot bear to live somewhere else.” 


TRAVEL UPDATE 


Rome to Restore Burned Turin Church 


French Flight Delays 

PARIS (AFP) — Travelers face 
delays Monday because of employee ac- 
tion at the TAT and Air Liberie airlines, 
but most flights to and from Paris will go 
ahead as planned, the company said. 

Half of Monday's scheduled flights 
will be affected by a dispute involving 
on-board navigators, and flights not 
passing through the French capital will 
be severely affected, the company said. 

Employees have been on strike since 
Wednesday over wages and conditions 
of service linked to the fusion of the two 
airlines by their new owner, British Air- 
ways. 

Stranded in Bangkok 

BANGKOK (Reuters) — Thousands 
of passengers remained stranded in the 
Thai capital late Sunday as airlines 
struggled to clear a backlog of delays 
caused by an Indian air traffic con- 
trollers strike, airline officials said. 

The action indefinitely delayed 
scheduled Friday flights on a number of 
airlines carrying passengers from 
Bangkok to Europe, officials said. Other 
airports in the region, including Singa- 
pore and Hong Kong, were similarly 


affected. The strike was called off on 
Saturday. 

Russia and Taiwan are expected to 
set up air links in May, a report in Taipei 
said Sunday. China Airlines and a Mo- 
scow airline will fly the route. Foreign 
Ministry officials were quoted by the 
United Daily News as saying. (AFP) 

This Week’s Holidays 

Banking and government offices will 
be closed or services curtailed in the 
following countries and their depend- 
encies this week because of national and 
religious holidays: 

MONDAY : Bangladesh. Burma. Honduras. 
Sri Lanka. Thailand. 

TUESDAY: Burma. Georgia. Sn Lanka. 

Thailand. 

WEDNESDAY: Burma. Egypt. Nepal. 
I'nited Arab Emirates. 

THURSDAY I Bhutan. Burma. Egypt. Iraq. 
Ne paL S yria. 

FRIDAY: Egypt. Indonesia. Ivory Coast 
Jordan. Kuwait. Malaysia. Pakistan. Saudi Arabia. 
Singapore. Sudan. Turkey. Zimbabwe. 

SATURDAY: Cuba. Swaziland. Uruguay. 
Venezuela. 

Sources: J.P. Morgan. Reuters. 

Bloomberg. 


Reuters 

TURIN — The government pledged 
Sunday to restore Turin’s Renaissance 
cathedral and an adjoining royal palace to 
their former glory after a devastating fire 
wrecked parts of die two buildings. 

Experts sifted through the debns to try 
to discover how Saturday's blaze start- 
ed. while local residents complained that 
despite recent fixes in other historic Itali- 
an buildings, Turin cathedral did not 
have an adequate fire-alarm system. 

Pope John Paul II. who is visiting 
Sarajevo, has said he would honor the 
fire fighters who saved the Shroud of 
Turin from the inferno. 

The shroud, a yellowing piece of cloth 
imprinted with the image of a man's 
body that many people take to be the 
figure of Jesus Christ after his cruci- 
fixion. was moved to a secret location. 

The baroque Guarini Chapel, where 
the shroud had been housed for cen- 
turies, was gutted by the blaze along with 
a section of die adjoining royal palace. 

* ‘This is the moment to start work so 
that everything is restored as it once 
was." Deputy Prime Minister Walter 
Veltroni said in an interview Sunday 
with the paper La Starapa. “It is a 
commitment I make on the part of the 
government.” 


Early estimates suggest millions of 
dollars of damage was done by the sev- 
en-hour blaze. Prime Minister Romano 
Prodi has called a cabinet meeting for 
Monday to discuss the situation. 

Initial eyewitness accounts suggested 
that the fire first took hold in the large, 
ornate chapel at the back of the ca- 
thedral. which was under restoration. 

But attention has switched to the ad- 
joining palace. “This is where we have 
found the highest level of carbonization, 
and it could therefore be the focal point 


of the fire,” Serafino Vassaili, deputy 
chief of the Turin fire service, was 
quoted as saying in La Repubblica. 

Other reports speculated that gen- 
erators. brought in to provide additional 
electricity for a recent gala dinner, 
might have caused a short-circuiL 

A spokesman for the fire investiga- 
tion team declined to discuss die spec- 
ulation. “All possibilities are being 
looked imo, nothing has been ruled 
out.” he said, adding that arson had not 
yet been excluded. 


Pope’s Wish 
For Bosnia: 
‘Courage of 
Forgiveness’ 

The Associated Press . . 

SARAJEVO, Bosnia-Heizegovina 

In bone-chilling cold and with right 

security protecting him from Jamds 
that still poison Bosnia. Pope John Paul 
II preached forgiveness Sunday ^ to 
Muslims, Catholic Croats and Orthodox 

Seibs alike. . . , 

Tanks, shaipshooters and thousands 
of policemen deployed to protect the 
Pope, whose long-delayed visit to a city 
with a special spot in his heart was jarred 
by the discovery Saturday of explosives 
along his route. NATO helicopters 

clattered overhead. 

installed a healer and used 

a large, white umbrella to shield him 
from an icy wind driving snow flurries 
into his face during Mass at a soccer 
stadium near the former front line. The 
Pope, 76. was drilled and visibly shiv- 
ering at the end of die two and a half 
hoar service. An aide helped him from 
theaitar. 

The Pope’s message of peace drew 
wide praise from average people who 
suffered most in war. as well as the 
politicians who prosecuted it. Bot Bos- 
nia's Hilftmma remained: whether to 
find peace in unity or separation. 

For die Pope, there was.no question 
timr pea re* and unity go hand-in-hand. ■ 

“For the edifice of peace to be solid, 
against the background of so much 
blood and hatred, it will have to be built 
on die courage of forgiveness,” he said. 
“People must know how to ask for- 
giveness and to forgive.” 

If Bosnians can establish peace, he 
told the Muslim, Serbian ana Croatian 
members of a joint presidency, their 
land “can become at the end of this 
century an example of coexistence in 
diversity for many nations experiencing 
the -game difficulty, in Europe and else- 
where in the world.” ■ 

John Paul said Sarajevo was a symbol 
of die horrors of the 20th century, in- 
cluding the start of World War L the 
- bitter fighting of World War II and die 
conflict marking die end of the cen- 
tury. 

He called for respect for human 
rights, efforts to ensure all Bosnians 
have . work and die return of legions of 
refugees to their homes. About 70 per- 
cent of the work force is unemployed in 
Muslim -Croatian Territory, and prob- 
ably more on the Serbian ride. The 
future of the refugees is one of die most 
treacherous political issues facing Bos- 
nia. 

Muslims and Croats are often at odds; 
but their men on the presidency prom- 
ised to work for unity. Kresimir Zubak, 
the Croat pledged his people “are ready 
for coexistence with other peoples who 
also live in Bosnia, in peace, in mutual 
respect solidarity and equality.” 

Bosnia’s chief Muslim cleric. 
Mustafa. Ceric, met the Pope on Sunday 
afternoon and said afterward that he 
would use die opportunity of die Pope's 
visit to sedc “substantial dialogue’ ^ be- 
tween Muslims and Catholics. 

The meeting with presidency mem- 
bers was the oily time the Pope came 
face-to-face with any Bosnian Serb 
leader. 

The Serb, Momcilo Krajisnik, was a 
member of the Serbian leadership 
throughout the three and a half year war 
and siege of Sarajevo, in which almost 
1 1 ,000 people died. 


* 


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Reminder: Thou 
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Reuters 

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provoked a storm by declar- 
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Europe 


Today 



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Forecast for Tuesday through Thursday, as provided by AccuWeather. Asia 



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flowing from west to east 
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east-central Canada, a 
gradual warmi ng wfll occur 
m me mtofle of itw United 
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die Rains. 


Europe 

Partly to moody swrty and 
seasonable weather will 
prevail In London, Paris, 
Brussels and Amsterdam 
Tuesday through Thurs- 
day. Madrid wll enjoy sun- 
shine end warm weather, 
while much al eastern 
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will be chilly to cold and 
unsettled Mo Wednes da y. 
CHBy but dry Jn Bari*. 


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mainly dry and cooler 
Wednesday and Thursday. 
MsHy dry and rattier oool 
In Beijing and Seoul 
through Thursday. CrVty to 
cold over Manchuria and 
northern Japan. Warm In 
Hong Kong and Singapore, 
with a stray shower or 
ttumderatoim each day. 


Africa 


North America 


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I 




THE AMERICAS 


Democrats, Deep in Debt, Cannot Cover Refunds 


POLITICAL V O 7 E S 


By Ruth Marcus 

Wasftfhgion Par Senior 


WASHINGTON — The Demo- 
cratic National Committee lacks the 
money to refund $1.5 million in 
questionable donations it promised 
to return earlier this year, according 
to patty officials. 

The organization expects the cori- 

TOversy dogging its central role in 
President Bill Oinmn's re-election 
fund-raising to cost more than $4,5 
million in legal fees this' year, the 
officials added. 

The committee's national chair- 
man, Steve Grossman, said that the 

K s debt was $14.4 million as of 
’eek, but that it had SI. 7 million 
cash on hand, putting the net debt at 
S12.7 million. 

Thai amount, the largest debt in 
the party’s history, does not include 
the $1.5 million in questionable 
donations, identified by an mti»ma l 
audit, that, the party has promised to 
return by the rad of June. Nor does it 
include the expected legal bills. - 
In contrast, the party had a $2.8 
million surplus after the 1992 elec- 
tion and faced $2 >2 milli on in debt 
after the 1994 campaign. 


.size of tire national committee’s 
debt is worrisome to some senior 
party, operatives. The Republican 
National Committee had $9.75 mil- 
lion in debt at the beginning of the 
but has since trimmed: that to 


It is common for political parties 
• elections, " 


to face debts after . 


million, according to Mary 
Mead Crawford, ■ the committee's 
press secretary. 

In contrast, the Democrats' debt 
has markedly grown since the be- 
ginning of the year, when ir stood ar 

$6.2 million and the patty had $2.4 
mill ion cash on hand. The commit- 
tee’s communications director. 
Amy Weiss Tobe, said “a number 
of additional campaign bills” had 
come due since the rad of the year. 

_ As it prepares for the 1998 elec- 
tions, die Democratic National 
Committee is competing a gainor a 
traditionally better financed foe, 
starting from far deeper in the hole, 
and- — most of all — seeking to raise 
money in a climate in which its 
fund-raising practices are under in- 
tense scrutiny. 

As a result, fund-raisers say, 
donors may be either skittish about 
giving and thereby inviting scrutiny, 
or reluctant to have their money go 
not to financing future campaigns 
but to paying the party’s legal taws 
16 dona 


but the or refunding 1996 donors. 


Mr. Grossman said that the con- 
troversy over die Democrats' fund- 
raising was “clearly on people’s 
minds," but that he was confident 
the party would be “back in what ! 
would call fiscal health by the end of 
the year,” with the debt erased. 

He said the Democrats planned to 
raise $50 million this year, in pan 
through four galas, the first of which 
will be held May 1 in Washington. A 
Democratic lobbyist, Dan Duiko, is 
overseeing the planning for the 
galas, which are slated to raise $13 
million to $14 million. 

Mr. Grossman and other party 
fund-raisers said they were confid- 
ent the goals could be met, noting 
that the party’s donations for the 
first three months of the year, $8.8 
milli on, exceeded estimates by $1 
million. The Republican National 
Committee raised $11.3 million in 
the same period. 

* ‘I’m mindful of the environmem 
in which we live," Mr. Grossman 
said, referring to the fund-raising 
controversy, “but people are com- 
ing forward and supporting us and 
want to be with this president and 
the vice president at what they con- 
sider to be a defining time in the life 
and history of this party.” 

Others were less upbeat. Don 


Sweitzer, a former party finance di- 
rector, said, “It is a monumental 
fund-raising challenge. ' * 

m Funds Channeled to States 

Charles R. Babcock and Ira 
Chinoy of The Washington Post re- 
ported: 

Democratic National Committee 
officials channeled millions of dol- 
lars in campaign donations to state 
Democratic parries Iasi year, effec- 
tively hiding big contributions from 
tobacco, gambling and other special 
interests. 

Contributors' checks routinely 
were sent to national committee 
headquarters before being passed on 
to the state parties, but documents 
show that committee officials kept 
meticulous records of the donations 
so that donors and fund-raisers re- 
ceived credit 

Because the money was not de- 
posited in the accounts of the na- 
tional party, the identities of the 
donors did not appear on the com- 
mittee's federal disclosure reports. 
Instead, the donations were reported 
on the state level, where they are 
more difficult to track. 

Diverting campaign checks to the 
state parties allowed the committee 
to avoid criticism for accepting con- 


through st 
“They 


tributions from controversial indus- 
tries and protected some donors who 
did not want the fact or magnitude of 
their contributions known. 

For example, at the time last year 
that Vice President A1 Gore was 
attacking the Republican National 
Committee as “just about a wholly 
owned subsidiary of tin tobacco in- 
dustry.” Democratic fund-raisers 
asked R. J. Reynolds Tobacco Co. to 
make campaign contributions 
state Democratic parties. 

_ preferred that it go to the 
state organizations,’ * a Reynolds 
spokeswoman, Maura Ellis, said of 
550,000 in donations the company 
gave to four Democratic state 
parties and another party commit- 
tee. “That was at then- request” 
Kent Cooper, the head of the non- 
profit Center for Responsive Pol- 
itics. which tracks campaign spend- 
ing, said the Democratic National 
Committee, in effect, was ‘ ‘keeping 
a second set of books." He called 
the practice an evasion of the dis- 
closure requirements that are at the 
heart of federal election law. 

A Democratic spokeswoman said 
the party “had no reason to hide the 
donations.” She said party records 
indicated that the committee directed 
at least S3.6 million to state parties. 


Growth Changes 
Debate on Budget 

Smaller Deficit May Ease Pact 


By Richard W. Stevenson 

New York Times Service 

WASHINGTON — Even 
as the White House and Con- 
gress struggle to find a com- 
promise plan to balance the 
federal budget, the outlook 
for the deficit continues to 
improve, and the shortfall is 
likely to come in smaller than 
either the Clinton administra- 
tion or the Republican lead- 
ership had expected. 

Government officials at- 
tributed the improving out- 
look to a surge in economic 
growth and lower unemploy- 
ment over the last six months 
that have helped generate 
more tax revenue rad hold 
down government spending. 

Budget analysts said it was 
cany to 


soon 

sons’ 


to draw any eonclu- 
’ about whether the 
in tax revenue gener- 
by the strong economy 
would continue for the rest or 
the year and push the deficit 
below $100 trillion for the 
first time since 1981. 

Officials said, however, 
that tiny were m< 
confident that their 
budget projections would 
prove overly pessimistic. 

The Congressional Budget 
Office has already reduced its 
official estimate of the deficit 
from $124 billion to $l 12.3 
billion for the year. The ad- 
ministration has not -yet 
changed its projection of 
$12576 billion. 

The likelihood that the def- 
icit will be tower than pro- 
jected underscores how much 


too early to give a firm pro- 
jection ofhow sharply the def- of the imprpvementin thena- 
icit was falling this year, and ' tion’s ** — 1 « — 


they said that its path would be 
largely determined by how ro- 
bustly the economy performs 
over the next six months. 

“The deficit appears to be 
lower than we thought for this 
year, and that coulabode well 
for future deficits.” a Repub- 
lican congressional aide said. 
“It’s early, but the trend is 
excellent-" 

But in a compelling illus- 
tration of the trend, a study this 
month by the Congressional 
Budget Office projected that 
the deficit could fall to $91.7 
billion this year, if the trend 
for the first five months of the 
government’s year holds 
steady. The deficit last year 
was $ 1 07 billion, tie lowest in 
15 years, but both the Con- 
gressional Budget Office and 
the administration's Office of 
Management and Budget had 
been projecting that the deficit 
would increase this year. 

The congressional analysis 
cautioned that it was “too 


fiscal condition has 
come irot from specific tax and 
spending decisions in Wash- 
ington, but from a panoply of 
economic.forces that has kept 
die economy growing far 
more than six years. 

The economy grew 3.8 per- 
cent in die last three months 
of 1996, and is projected to 
have grown about 3 percent in 
the quarter ended March -3T. 

Although economists expect 
the economy to slow some- 
what, they are still projecting 
growth for the year to run weS 
above the 23 percent forecast 

in January. when Captain Craig Button 

Auyreductira rathe size of broke away from a three- 
the deficit would make it easi- plane formation during a 
ex for White House and con- flight exercise over Ari- 
gressional negotiators to zona. (AP) 



MTMbcMI/ItMcn 

HIGH TIDE IN NORTH DAKOTA — A family in Fargo, North Dakota, bringing supplies to their house, 
which is surrounded by the flooded Red River. The river has crested and is beginning to recede. 


A Code to Control Sweatshops 

NEW YORK — President Bill Clinton and Leaders of 
the clothing industry will announce a code of conduct 
Monday to combat sweatshops worldwide. Members of 
the administration's task force say the success of the 
effort could turn on issues like what minimum pay should 
be and how much consumers should be told about vi- 
olations. 

Mr. Clinton set up the group after consumers grew 
concerned that popular apparel like WaJ-Mart’s Kaihie 
Lee Gifford line — she is a task force member — was 
made in sweatshops. 

After sometimes feverish debate, the task force reached 
agreement on components of a code of conduct, on having 
companies agree to outside monitoring and on developing 
an o rganizati on to oversee and certify the monitors. In the 
next six months, the task force hopes to thrash out 
differences on putting the accord into effect. (NYT) 

Of Politics and Prosecutors 

WASHINGTON — When Congress established an 
independent process for investigating top government 
officials, the idea was to give prosecutors the freedom to 
act as they saw fit without fear of retribution. 

Now, however, the system once trusted to keep politics 
out has become ensnarled in it In the run-up to Attorney 
General Janet Reno's announcement Monday on whether 
to seek another independent counsel, this one to investigate 
campaign Contributions, the three-judge panel that has sole 
discretion in appointing the counsel remains the least 
examined but most intriguing part of the tystem. 

Currently on the three-judge panel is Judge David 
SenteUe of foe U.S. Court of Appeals, whose political 
background continues to spawn controversy. Chief 
Justice William Rehnquist, by virtue of his position, has 
sole authority to name the panel judges. 

In pan because of Justice Rehnquist's deep Republican 
roots, but more importantly because of an incident three 



North Carolina’s Republican senators, Lauch Faircloth 


and Jesse Heims, strong opponents of Mr. Clinton. 

The appearance that Judge Sentelk’s choice of Mr. Starr 
was influenced by politicians was heightened by his back- 
mound. Before his 1985 appointment to foe bench by 
President Ronald Reagan, he had been chairman of the 
Mecklenburg County Republican Committee and chair- 
man of the North Carolina Republican convention. (WP) 

Nixon Center Building Stalled 

WASHINGTON — Officials of the Richard Nixon 
Library and Birthplace Foundation in California have 
halted preparations for construction of a 56 million build- 
ing because of a controversy over anti-Semitic writings of 
its long-deceased namesake, Elmer Bobst. 

The decision on the Bobst Institute followed an emer- 
gency meeting last week by the board of directors of the 
Nixon Center for Peace and Freedom, a subsidiary of the 
foundation. The Nixon Center is a think tank whose 
image and independence the board considers threatened 
by association with the Bobst name. 

Die voting members, who include Henry Kissinger, 
James Schlesinger, and Senator John McCain, Repub- 
lican of Arizona, called for immediate consultation with 
the foundation on 1 ‘problems surrounding creation of the 
Bobst Institute. " (WP) 


Quote/ Unquote 


Jack Kemp, the Republican Party’s 1996 vice pres- 
idential candidate, on laying the groundwork for a pres- 
idential bid in 2000: “Look, I learned a lot in '96. It was 
a great experience. It whetted ray appetite.” ( AFP) 


Away From 
Politics 

• U-2 spy planes have been 
searching Colorado’s snow- 
covered moon tains for a 
missing air force pilot and his 
A-10 attack jet. Both have 
been missing since April 2, 
ug Butt 


reach a compromise on the 
budget, since a smaller deficit 
reduces pressure for the deep 
spending cuts that the admin- 
istration is determined to 
avoid and increases opportu- 
nities for foe big tax cuts that 
Republicans are insisting an. 


• A rally by an Asian-Amer- 
ican organization at Yale 
University escalated into 
heated jostling when John 
O’Sullivan, foe editor of foe 
National Review, was pushed 
and punched by student pro- 


testers who charged that a re- 
cent cover of foe conservative 
magazine was racist. The ed- 
itor, John O’Sullivan, said 
that protesters hit him and 
grabbed at his clothes as be 
left a school building after 
delivering a speech. (NYT) 

• A second air force inves- 
tigation has again exonerated 
all officers who were respon- 
sible for security at a military 
housing complex in Saudi Ar- 
abia that was struck by a truck 
bomb last June, according to 
defense officials. (WP) 

• The violent crimes of rape, 
robbery and assault plunged 
a record 124 percent from 
1994 to 1995, foe Justice De- 
partment announced. The gov- 
ernment said it was the largest 


Aristide-Preval Rifl Stymies Haiti 


By Douglas Farah 

Washington foa Service 


hundreds of milli ons of dollars in in- 
ternational aid. 

Mr. Aristide formed his own party to 


were so dose they were called “the 
twins.” When Mr. Aristide assumed 
foe presidency in February 1991, Mr. 


PORT A U -PRINCE Haiti — Jean- run in last month’s parKamemary and Preval was his prime minister. 
Rpnrand Aristide sitting at his desk in local elections, largely on a platform When a military coup toppled foe 
nrivate office bristled at foe sug- apposing Mr. Preval ’s economic re- government seven months later the two 
En that be was deliberately mak- forms. Many of Mr. Preval’s top ad- went into exile together. After return- 
fno life difficult for his handpicked visers and cabinet members joined. mg as president rollowing a U.S.-led 
*„TW«nr as ^resident, Rene Preval In interviews, neither .man would occupation of foe nation in September 
relanonsSpis normal” Mr. directly address foe apparent rift, and 1994. Mr. Aristide chose Mr. Preval as 
— r «. relationship has become a source his successor in 1995 elections. But 

of gossip. Mr- Preval has little independent polit- 

‘We welcome around the table of ical support, and the lack of Mr. Ar- 


4 Mr. 

Aristide said. “When we need to talk 
on foe phone, we talk on foe phone. 
When we need to meet, we meet 
But foe role of Mr. Aristide, me 
charismatic former Roman] Cafoohc 
nriest who was Haiti a first freely elect_ 
ed president and remains its most pop- 
ular politician, is controversial. . 


dialogue those who say yes to pri- istide's public backing has impeded the 
lat say no,” Mr. approval of key measures in a Par- 


vatization and those that say 
Aristide said. “If we want to build a 
state of law, we need dialogue.” 

The apparent division between foe 
two has surpr ised many political ob- 


sup- 


Uih-ienni endorsed foe frec-market two has surprised many political ob- unwilling to spend political capital t 
He nas no ^ Preval is servers because during their years of support Mr. Preval because Mr. Ai 

economic pt h*-v . Uojn out joint clandestine political activity in istide is hoping to make a comeback i 

china in an enon io <nun. if. n».«i _ u .sJ! - i.-kwi 


noshing m 

Sf dire poverty and to win access to 


the 1980s Mr. Aristide and Mr. Preval 


Uainrat dominated by Aristide 
porters. 

Mr. Aristide's opponents say he is 
unwilling to spend political capital to 

Ar- 
in 

presidential elections in 2000. 


drop in those crimes since foe 
National Crime Victimization 
Survey began in 1973. (AFP) 

• A federal district judge has 
barred the Clinton adminis- 
tration from punishing doctors 
in California who recommen- 
ded marijuana to their patients 
under a new state law. The 
order will at least temporarily 
stop tile federal government's 
effort to undermine the Cali- 
fornia law by threatening to 
prosecute or strip foe prescrip- 
tion licenses of doctors who 
endorse use of the drug.fATT) 

• Harvard University has re- 

ceived a $10 million gift to 
establish a center to study the 
nation's fast-growing non- 
profit sector: foe 1.4 million 
charities, religious congrega- 
tions, foundations, hospitals, 
educational and cultural 
groups that account for one of 
the most dynamic parts of the 
U.S. economy. (NYT) 





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PAGE 4 


INTERNATIONAL HERALD TRIBUNE, MONDAY, APRIL 14, 1997 

ASIA/PACIFIC 


China- Vietnam Dispute Revives Regional Fears 


By Michael Richardson 

International Herald Tribune 

SINGAPORE — China’s behavior in 
its recent oil-drilling dispute with Vi- 
etnam has again raised questions among 
members of the Association of South 
East Asian Nations about Beijing's 
long-term intentions in the region. 

While Hanoi's ASEAN partners have 
declined to support the Vietnamese side 
in the dispute, which talks last week 
failed to settle, the territorial conflict is 
part of what a new report says is “prob- 
ably the most widespread and volatile 
security problem” in East Asia. 

The report, prepared for the 2 1 mem- 
ber states in the ASEAN Regional For- 
um. notes that virtually every .Asian 
country' has land or maritime boundaries 
(hat are in dispute. 

A copy of the report, which was based 
on assessments from nongovernment 
security specialists in 15 Asia-Pacific 
countries, was made available to the 
International Herald Tribune. 

Die forum began meeting in 1995 to 


discuss ways of defusing tension and 
building confidence in me region. Its 
members include China, the United 
States. Japan and the seven ASEAN 
countries: Brunei. Indonesia. Malaysia, 
the Philippines, Singapore, Thailand 
and Vietnam. 

The latest dispute between China and 
Vietnam erupted in March after Na- 
tional Offshore Oil Corp. of China po- 
sitioned an oil rig and accompanying 
vessels in waters claimed by both coun- 
tries between Hainan Island of China 
and the coast of central Vietnam. 

Vietnam said Friday that it had failed 
to reach agreement with China on the 
dispute during three days of talks in 
Beijing. National Offshore Oil and Vi- 
etnamese officials said last week that 
the rig had been withdrawn from the 
area following the completion of 
planned exploration work. 

The report said that East Asia’s mari- 
time disputes were difficult to settle 
because they covered areas that contain 
valuable marine and seabed resources 
and are symbols of national integrity 


and influence. "Few governments have 
the courage to resolve such claims if 
resolution means potentially having to 
concede ownership,” the report said, 
even though leaving such disputes un- 
settled could provide "tinder’ for fu- 
ture conflict. 

Vietnam and China have a history of 
territorial and other disputes. They have 
competing claims to ownership over 
much of the South China Sea, including 
die Paracel and Spratly islands. The 
tension erupted into armed conflict in 
1979, when China invaded the northern 
border provinces of Vietnam in retal- 
iation for Hanoi's 1978 invasion of 
Cambodia, which Beijing regarded as 
pari of its sphere of influence. 

China and Vietnam also fought a 
brief naval skirmish in 1988 in the 
Spratlys. where each maintains it is the 
legitimate owner of the dozens of 
widely scattered atolls and reefs. 
Malaysia, the Philippines and Brunei 
also claim the parts of the Spratlys 
closest to their shores. 

Vietnam, which joined ASEAN in 










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Prime Minister H. D. Deve Gowda, in traditional garb, accepting a sword Sunday at a temple in New Delhi. 

Chinese Dissident Gets U.S. Asylum 


By Charles D. Sherman 

Special to the International Herald Tribune 

MADISON. Wisconsin — A prom- 
inent Chinese dissident and legal schol- 
ar. protected by the Clinton adminis- 
tration for his opposition to Beijing's 
leadership, has been granted political 
asylum in the United States. 

Yu Haocheng. a former chief of pro- 
paganda for the Chinese Communist 
Party, has been a scholar-in-residence at 
the University of Wisconsin Law 
School's East Asian Legal Studies Cen- 
ter. 


Mr. Yu once disseminated Commu- 
nist Party views as director of the 
Masses publishing organization in the 
Ministry of Public Security. In 1 989. he 
was detained by security police after 
defending the student-led. pro-democ- 
racy campaign and criticizing the mil- 
itary crackdown on the Tiananmen 
Square demonstrators. 

After 18 months in prison and living 
under house arrest, Mr. Yu was re- 
leased, but Chinese officials refused 
him permission to leave the country. 
John Shamick. the State Department's 
top human rights official, pressed Mr. 


Yu's case with Beijing ai a time when 
China was seeking improved trade re- 
lations. with the United States, and the 
department put Mr. Yu at the top of its 
list of dissidents who had been refused 
petmission to leave China. In May 1 994, 
Mr. Yu. 69. was granted an exit visa. 

Since his arrival in the United States, 
Mr. Yu has pursued constitutional law 
studies at Columbia University. North- 
western Ifaiversity and Wisconsin. 

Hairy Salzberg, Mr. Yu's attorney, 
said his client was granted full political 
asylum last week, a few days before his 
temporary residence visa was to expire. 


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1995, won expressions of sympathy 
from ambassadors of association mem- 
bers when it briefed them on the oil- 
drilling dispute with China. Bin the or- 
ganization s formal position is that the 
issue should be settled between Beijing 
- and Hanoi. 

An Indonesian analyst said that be- 
fore Vietnam joined ASEAN, the group 
informed boih it and China that ASEAN 
would not become a counterweight to 
China or confront Beijing on Hanoi's 
behalf. 

In a speech in Hong Kong last week, 
James Sasser, the U.S. ambassador to 
China, said Beijing's "engagement and 
dialogue" in the past few years with 
ASEAN, especially in the forum, had 
allowed it to lessen tensions with the 
countries of Southeast Asia. 

"However." he added, "die recent 
dispute with Vietnam over China's oil 
drilling near Vietnam's territorial wa- 
ters raises some troubling questions 
about that commitment We would urge 
Beijing to be more reassuring that it will 
not resort to force in such matters." 


India Party 
Gives Leader 
Its Support 

Cim^nbibj Our Staff From Dapoehn 

NEW DELHI — The head of the 
collapsed Indian government Prime 
Minister H. D. Deve Gowda, received 
the full support of his party Sunday, 
while a leader of the Congress (I) Party 
suggested the party might settle differ- 
ences with the coalition. 

Janata Dal, or People's Party, said it 
would remain a member of the ousted 
United Front coalition under Mr. Deve 
Gowda's leadership. 

Janata Dal is die dominant constituent 
of the United Front, whose 1 0-month - 
old coalition government lost a parlia- 
mentary vote of confidence Friday after 
Congress (U Party, led by its president, 
Sitaram Kesri, withdrew its support 

A Congress deputy and former min- 
ister, Rajesh Pilot said he was optimistic 
that agreement could be reached with the 
United Root coalition to bring an early 
end to the country's political crisis. 

"I am very sure both groups, having 
the national interest in mind, are ready to 
sacrifice individuals." he said, predict- 
ing a solution to the crisis within days. 

Neither Congress Party nor the 
United Front is keen to participate in 
elections. Mr. Pilot said. 

At a four-hour meeting on Sunday. 
Dal leaders decided to keep Mr. Deve 
Gowda as their leader. Mr. Deve 
Gowda, who has been asked to continue 
as a caretaker prime minister, was 
present at the meeting. 

Some other parties in the Front are 
reported to have asked Mr. Gowda to 
give up the leadership of the 13-party 
coalition in a bid to win back the support 
of the Congress Party and form a new 
government. (AFP. Reuters) 

■ Budget Faces Challenge 

India's tax-cutting reform budget 
faced fresh trouble Sunday when a 
Communist partner in the ousted co- 
alition challenged the caretaker gov- 
ernment’s right to pass it in Parliament, 
Agence France -Pres se reported. 

The Communist Party of India-Marx- 
ist said the United Front had no con- 
stitutional authority to pass the budget 
for the year to March 1998. 

"Once the government is ousted, 
then its budget proposals become de- 
funct." said Ashok Mitra, a senior party 
member. "This is my party’s view." 


LaWnc Asodncd Pm 

NEW YEAR’S SPLASH — Bangkok residents engaging in a water 
fight Sunday as part of the five-day Buddhist New Year celebration. 

Sikh Shrine Reopens position National League for Democ- 
In Northern India coruieclioa with a fatal injection, 

NEW DELHI— -Sikhism's hofet NLD chainnan. 

shnnem northern India, damaged in Aung . a medical doctor, 

army acooo more than a decade ago, was ^nced S Insein Central Jail 
formally opened for prayers Sunday on Friday fbrhomicide not amounting 
after extensive reparrs, the United IO Than Aung was arrested in 

Ne ^ ( “ S "Akal Takht,” S«ote? *“ gWC “ 
inside the Golden Tenyle m the town ^ ^ elecced ^ a mem . 

of Amritsar, was rededmaied in a ^ of Parliament in May 1990 elec- 

thiw-hour ceremony during a festival ti ons that the NLD won by a landslide. 

making the harvest season of Bai- ^ ^ Stale Order 

ttL *u„, T,ut Restoration Council never recog- 

Tn^wSS’JSn Indian Lvnvt nized the results of the polLftfCMers) 


Sikh Shrine Reopens 
In Northern India 

NEW DELHI — Sikhism's holiest 
shrine in northern India, damaged in 
army action more titan a decade ago, 
formally opened for prayers Sunday 
after extensive repairs, the United 
News of India said. 

The newly built "Akal Takht," 
inside the Golden Temple in the town 
of Amritsar, was rededicated in a 
three-hour ceremony during a festival 
marking the harvest season of Bai- 
sakhi. 

The Akal Takht was damaged in 
June 1984 when Indian troops 
stormed the complex to ferret out 
Sikh militants holed up inside. The 
rebels, who espoused a separate Sikh 
state called Khalistan. were killed. 

(AFP) 

Officials Admit 
To Hanbo Bribes 

SEOUL — Four of the five mem- 
bers of the Parliament questioned 
over the weekend by state prosecutors 
have admitted to taking money from 
the stricken Hanbo Group’s founder, 
a prosecution official said Sunday. 

"Two of the four acknowledged 
their aides had taken 30 to 50 million 
won. and two others admitted taking 
themselves," the official said. 

He said that Lee Choong Jae of the 
splinter Democratic Party admitted to 
accepting 30 million won (about 
$34.0001. and that Park Sung Vum of 
tiie ruling New Korea Party had ad- 
mitted to accepting 50 million won. 

The prosecution is investigating a 
loans-for-kickbacks scandal un- 
covered when Hanbo's flagship unit 
Hanbo Steel Co. folded in January 
under $5.8 billion of debt. (Reiaers) 

Burma Sentences 
Parliament Member 

RANGOON — Burma's military 
government has sentenced an elected 


Bangladesh Cites 
Chemical Overuse 

DHAKA, Bangladesh — The 
country's agricultural output has 
dwindled because of unplanned use of 
chemical fertilizer and toxic pesti- 
cides, a survey has found. 

The government report made pub- 
lic over the weekend, said the per- 
il ec tare yield of rice bad fallen to 3.5 
metric tons from 5 metric tons in 
1970. 

The report said research had found 
a disproportionate use of nitrogen, 
phosphorous and potassium in farm- 
land, resulting in a lower crop yield. 

(Reuters) 

5 in Japan Demoted 
Over Nuclear Fire 

TOKYO — Five officials at Ja- 
pan's sole nuclear fuel-reprocessing 
plant have been demoted for falsifying 
a report about a fire and explosion at a 
nuclear complex in March. Japanese 
media reported Sunday. 

The state-run Power Reactor and 
Nuclear Fuel Development Corp. de- 
moted five officials for collaborating 
to falsify a report on the March 11 
incident at the Tokaimura nuclear 
complex, 160 kilometers 1 100 miles) 
northeast of Tokyo, die reports said. 

(Reuters) 


Clinton to Meet Hong Kong Democrat 


Los Angeles Times Sen-ice 

WASHINGTON — Pres- 


with Mr. Lee would follow 
the vice president’s recent 


idem Bill Clinton and Vice state visit to Beijing — ajux- 
President AI Gore under- taposition that points up the 


scored U.S. opposition to 
China’s proposed restrictions 
on political activity in Hong 
Kong by announcing over tiie 
weekend that they would 


problems the administration 
races in maintaining close ties 
with China while also defend- 
ing human rights. 

The meeting will take 


the White House threatened Helms and < 
"some consequence" if Congress. ' 
China moves to restrict cit- meeting wit 
izens’ rights in Hong Kong. Mr. Gore w 
Mr. Lee, who charges that Secretary oJ 
the proposed restrictions are Albright w 
aimed at him, held similar meet with 
discussions Friday with Mr. Monday. 


meet with Martin Lee, head of place at the vice president’s 
the pro-democracy move- office in the White House, 


ment in the British colony. 

The White House an- 
nouncement came one day 
after a challenge by the Sen- 
ate Foreign Relations chair- 
man, Jesse Helms. Republic- 
an of North Carolina, who 
called on Mr. Clinton to meet 
with Mr. Lee "to show sup- 
port for Hong Kong" as it 
prepares to return to Chinese 
rule July 1. . . . . 

Mr. Gore’s meeting with 


and Mr. Clinton will join the 
talks, a White House official 
said Saturday. "They’ll be 
talking about the future of 
Hong Kong," .the official 
said. 

Tung Chee-hwa, whom 
China nas named to govern 
Hong Kong, announced Wed- 
nesday that his government 
would impose new restric- 
tions on political parties and 
public protests. In response. 


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reaching for a balloon displayed on a Tokyo stall 

mascot of the 1998 
Winter Olympics, which will be held in Nagano. 








Helms and other members of 
Congress. The date of the 
meeting with Mr. Clinton and 
Mr. Gore was not disclosed. 
Secretary of State Madeleine 
Albright was scheduled to 
meet with Mr. Lee -on 



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SOUTH /CENTRAL AMERICA 

/xiaw Pa Wo Onego (Chile) mid the Gnipo dc 
Accitin por el Bio Bio { GABBI hove led the ongoing 
campaign to save the Bio Bio, one of the world's last 
major free-flowing rivers. Although the Pangtie, the 
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Never doubt that a small group 
of thoughtful, committed citizens 
can change the world; indeed, it 
is the only thing that ever has.” 

— MA R GA RET Af EA D 


AFRICA 

Nick Carter {Zambia) is the first person in the 
world to expose illegal whaling and is an advisor to 
the Zambian government to the Convention on 
International Trade in Endangered Species. He led 
African countries to join forces to fight rampant 
wildlife trafficking. Outer's efforts came to fruition in 
Decemlvr 1995. when the Lusaka Agreement, the 
uvrld's first multinational enforcement body to 
fight illegal wildlife trade, was established. 


EUROPE 

Alexander Nikitin ( Russia t, a former naval 
officer, was imprisoned for revealing to the world the 
potential for a unclear catastrophe from Russia's 
aging nuclear submarines based in the Kohl 
Peninsula, near the Norwegian border. Nikitin has 
been charged with treason. 



O rdinary people who accomplish extraordinary 
things, Goldman Environmental Prize winners 
bring Margaret Mead’s words to life. With the 
earth’s environment threatened as never before, our best 
hope lies in learning how much of a difference each one 
of us can make, wherever and however we live. 

Since 1990, a Goldman Prize has been awarded 
annually to an environmental hero from each of the 
planet’s six continental regions. This year, prize recipients 
from each region will receive $75,000. 

We salute the courage, persistence and vision of this 
year’s winners who through their efforts are making this 
world a better place for all living things. 



NORTH AM ERICA 

Terri Swearingen (US. A.} has. for over a decade, 
devoted herself to stopping plans to build the 
nation's largest toxic waste incinerator in East 
Liverpool, Ohio. The plant was finally built, hut 
Swearingen has continued to work on having the 
facility's permits revoked because it is located 1,100 
feet from an elementary school. Meanwhile, her 
efforts have halted other incinerators from being 
built around the country. 




ISLAND NATIONS 

Paul Alan Cox dr Fuiono Senio f Wes tern Samoa) 
When the village ofFafcahtpo wasfaccii with selling 
part of their rainforest to finance a local school, Paul 
Gw, an American cthnobotanist. promised to raise 
the money if the villagers would halt the logging. 
Sawmill High Chief Fuiono Senio then persuaded 
all of his fellow village, chiefs to accept Cox's novel 
offer. The new school ju«* built ami the 50,000 acre 
Falealupo Rainforest Preserve has been established. 


Tui. i.oi.hma'. 


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ASIA 

Loir Botor Dingit (Indonesia) is the Paramount 
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Kalimantan and represents a community of rattan 
fanners who haw sustainably managed the region's 
forests for generations. Dingit has successfully 
worked to galvanize national attention to the sus- 
tainable practices o f Kalimantan's indigenous peo- 
ples. convincing government ministers to support 
the rights of forest dwellers. 













PAGE 6 


INTERNATIONAL HERALD TRIBUNE, MONDAY!, APRIL 14, 1997 


INTERNATIONAL 


Israel Eases Closures 


Tension High as Palestinians Return 


The Associated Press 

JERUSALEM — Israel significantly 
eased a closure on the West Bank and 
Gaza Strip on Sunday, allowing thou- 
sands of Palestinians to reach jobs in 
Israel for the first time in a month. 

The easing of the economic blockade 
imposed after a cafe bombing in Tel 
Aviv and revelations that Prime Minister 


Benjamin Netanyahu and the 
leader. Shimon Peres, had 


forming a joint government seemed to 
signal movement toward ending the 
stalemate with the Palestinians. 

Since Israel began construction of a 
Jewish neighborhood on disputed Jer- 
usalem land last month, there have been 
almost daily clashes in the West Bank. 

In the town of Hebron, Jewish settlers 
pelted Palestinians with rocks and empty 
bottles from their roofs. Palestinians in 
the market below climbed up to adjacent 
roofs to retaliate. 

Three Palestinians, three settler chil- 
dren and one Israeli soldier suffered 
slight injuries from the stones. 

A few streets away, Israeli soldiers 


fired rubber-coated metal pellets and 
stun grenades at Palestinian rioters who 
threw stones at soldiers and settler 
homes. 

Near the Jewish settlement of Kfar 
Darom in the Gaza Strip, Israeli troops 
discovered and dismantled a bomb 
planted near the road. 

A Hamas spokesman in Gaza hinted 
that the militant group that took respon- 
sibility for the cafe bombing ana the 
killing of an Israeli soldier, whose body 
was laid to rest Sunday, could carry out 
more attacks against the Jewish state. 

“I expect a popular uprising against 
the central enemy Israel," the spokes- 
man, Sayed Abu Musameh, said. "It is 
up to the Hamas military wing to take the 
appropriate decision." 

Also on Sunday, a 29-year-old 
Palestinian woman from the West Bank 
shot and wounded three people at a 
border crossing between Jordan and the 
Israeli-controlled West Bank. One sol- 
dier, a guard and a second Palestinian 
woman were treated for mild wounds. 
The woman was in police custody. 



FRANCE: An Absence of Women in Politics 


Continued from Page 1 


percent of the National Assembly seats 
— prompted a response from the 
Gaullist-led government. 

Prime Minister Alain Juppe said he 
wanted Parliament to study a consti- 
tutional amendment that would set a 
quota system for women on electoral 
lists for a period of 10 years. 

At the same time. five books by wom- 
en, including dun former Socialist cab- 
inet ministers, have appeared outlining 
the miserable status of - women in French 
politics and, as a subtext, their nearly total 
absence from decision-making levels of 
business life. 

The election as mayor of Vnrolles of 


Catherine Megret, die wife of the deputy 
chairman of me rightist extremist Na- 
tional Front, has served as an ironic spur 
to the discussion. 

But most of all, . the development 
seems to fit into a general mood in which 
many of French society's generally self- 
congratulatory assumptions are being 
challenged. 

One of the books. "Etre Femme en 
Politique" (Being a Woman in Politics) 
by Elisabeth Guigou, appointed minis ter 
for European affairs by the late President 
Francois Mitterrand, makes an attempt 
at explaining how the country that pro- 
duced Joan of Arc and Simone de Beau- 
voir could settle in 1997 for having 
women r unnin g just 7 percent of its city 
hails and still t hink itself marvelous: 


Hnbk Lerhoa/Ream 

Mr. Netanyahu, right, at the funeral Sunday of an Israeli soldier killed 
by Palestinian guerrillas in Surif last week. The soldier’s father is at left. 


KHOBAR: Top Iranian Linked to Suspects in Bombing Attack on (7.5. in Saudi Arabia 


Continued from Page 1 


Saudi Arabia from Canada before he was 
arrested, according to these sources. 

Unaware his phone was tapped over a 
seven-month period. Mr. Sayegh dis- 
closed details of his role in the bombing 
and mentioned others with whom he had 
collaborated, the sources added. 

Canadian court documents contend 
Mr. Sayegh drove a surveillance car 
behind the explosives-filled tank er used 
to demolish the Khobar barracks. Mr. 
Sayegh has denied any involvement, 
contending he was in Syria at the time of 
the bombing. He faces a deportation 
hearing April 28, although it remains 
uncertain where he would be sent 

Saudi authorities told the Clinton ad- 
ministration in November that they be- 
lieved the bombing was the work of 
Saudi Hezbollah members, with Iranian 
complicity. American officials had been 
skeptical of the Saudi claim, in part be- 
cause they believe the royal family has a 
vested interest in highlighting foreign 


influence rather than indigenous dissent. 

Brigadier Sherifi is a top Iranian in- 
telligence officer whose duties include 
organizing Hezbollah cells in Arab 
countries around the Gulf, American and 
Saudi sources said. He is well known to 
Saudi officials because be was implic- 
ated during a trial in Bahrain last year of 
15 Bahraini Shiite dissidents convicted 
of several hotel and restaurant bomb- 


ings. 

Shiites living in the island emirate of 
Bahrain and those in Saudi Arabia's 
Eastern Province, where Khobar is situ- 
ated, are closely linked by family ties 
and travel frequently across a causeway 
that binds die two countries. Mr. Sayegh 
has told Canadian authorities he traveled 
many limes to Bahrain to visit relatives, 
according to court documents. 

Last June, six of the convicted 15 
Bahraini conspirators read confessions 
in which they described being recruited 
by Brigadier Sherifi in 1993, while 
studying at a religious school in the 
Iranian holy city of Qom. Mr. Sayegh 


told reporters in Canada last month that 
he studied at Qom. 

Saudi sources said they believed that 
it was during Mr. Sayegh's stay in Qom 
that he was first contacted by Brigadier 
Sherifi. American officials said they 
thought that Brigadier Sherifi might also 
have met with Mr. Sayegh in Damascus 
about two years before the bombing. 

One of the two leaders of the Bahraini 
dissidents, Ali Ahmed Kadhem 
Mutaqawwi, said in his confession that 
Brigadier Sherifi. also known as Abu 
Jalal, had selected him to recruit other 
Bahrainis studying in Qom and then 
helped him form the military wing of 
Hezbollah-Bahrain. 

Mr. Mutaqawwi also said Brigadier 


last August, then-Assistant Secretary of 
State Robert Felletreau issued a statement 
saying there was "credible evidence that 
a small group of Bahraini militants with a 
stated aim of overthrowing the Bahraini 
government had received assistance and 
training from Iran.” 

The testimony of Mr. Mutaqawwi is of 
particular interest to Saudi authorities be- 
cause be disclosed in his confession that 
he had lived in the Eastern Province city 
of Damnum, a few miles from Khobar. 


Sherifi had provided the Bahraini plot- 
ters with financial support through 


ters with financial support through 
checks signed in Brigadier Sheriffs 
name and drawn from a Revolutionary 
Guard bank account in Iran. 

American intelligence officials were at 
first skeptical of die possible Iranian in- 
volvement in die Bahraini incidents. But 


■ Saadis Guard Iranian Pilgrims 

Saudi troops took up positions on 
Sunday outside the headquarters of Ir- 
anian pilgrims in Mecca in an attempt to 
prevent traditional anti-U.S. demonstra- 
tions, Agence France-Presse reported 
from Tehran, quoting the Iranian press 
agency IRNA. 

"Saudi security forces and soldiers 
have deployed in front of the headquar- 
ters of the representation” in Mecca, 
where die annual Muslim pilgrimage or 
hajj began Thursday. IRNA said. 


Bonn Won’t Escalate TERRORl4rmy Exercises Draw Citizens’ Complaints 


Dispute With Tehran 


Continued from Page 1 


Reuters 

BONN — Bonn made 
clear on Sunday that it would 
seek to avoid stoking a dis- 
pute with Iran over a court 
ruling that Tehran ordered 
political killing? in Germany, 
despite a march on its em- 
bassy by thousands of Irani- 


Foreign Minister Klaus 
Kinkel told the weekly Welt 
am Sonntag in his first com- 
ment on the crisis that Iran 
must show respect for inter- 
national law before Bonn 
could discuss a fresh start in 
relations. 

But he added, ”We do not 
want an end to relations 
which have existed for over 
100 years and, as upset as we 
are, we do not want to pour oil 
on the flames.” 

Bonn has gone out of its 
way to say it trusts the as- 
surances of the Iranian for- 
eign minister, Ali Akbar 
Velayati, that Germans in Ir- 
an will come to no harm. The 
German Foreign Ministry 
said it still planned to reopen 
the embassy on Monday. It 


has been closed since before 
the court ruling Thursday. 

Bonn officials say 
privately that Iran has 
signaled it also does not wish 
to raise the temperature in the 
diplomatic standoff with a 
country that until recently 
was its biggest trading partner 
and friend in the West 

They point to the fact that 
Iran's diplomatic steps, in- 
cluding die ordering out of 
four German diplomats in re- 
turn for the expulsion of four 
Iranians from Germany, have 
exactly mirrored Bonn's ac- 
tions. and have not gone any 
further. 

Iranian leaders, while at- 
tacking Bonn and rejecting 
the court verdict, have also 
made clear in their comments 
that Bonn need not fear a 
complete freeze in relations. 
President Hasbemi Rafsan- 
jani called the dispute a 
"passing storm.” 

Mr. Kinkel himself has 
come under pressure for dog- 
gedly maintaining ties with 
Iran despite strong suspicions 
of state terrorism. 


Orleans, Miami, Pittsburgh and 
Seattle. 

Army officials argue that only 
cities give troops the chance to 
work on real-life challenges, 
such as using night-vision equip- 
ment in partly lit areas, avoiding 
power lines and dropping troops 
quickly enough to go virtually 
unnoticed by the citizenry. 

It is safer for the troops to 
descend in secret than to alert 
residents and risk the sightsee- 
ing crowds that would gather, 
said an army official, who ad- 
ded: * ‘And they don 't want their 
equipment photographed. They 
don’t want their tactics, oper- 
ations and procedures known.” 

“I can’t imagine there isn’t 
an American around who 
wouldn't want these guys to be 
as good as they can be,” said an 
army spokesman. Lieutenant 
Colonel Ray Whitehead. "This 
is real serious stuff.” 

But in city after city, the ex- 
ercises have drawn fire from 
frightened residents who are not 
told beforehand that the several 


roaring helicopters flying in 
circles several hundred feet 


circles several hundred feet 
overhead late at night — 
blacked out except for one that 
keeps on its tiny red tail light for 


safety — are trying to get as close 
as possible to the buildings they 
appear about to crash into. 

The confusion and fear caused 
by their invasion is compounded 
when residents see dark-suited 
figures sliding down ropes 
dangling from the choppers and 
then begin firing loud blanks from 
their assault weapons. The sim- 
ulated sound of grenades and in- 
coming artillery often follows, as 
does, in some cases, the sound of 
real, small breaching explosives 
used to blast open doors. 

To top it off, the local police are 
on hand to keep traffic away from 
the exercise site — typically an 
abandoned warehouse, jail, apart- 
ment building — but often refuse 
to tell motorists what the com- 
motion is all about. likewise with 
911 operators and the news media, 
which are not alerted to the ex- 
ercises beforehand. Several 
callers to state law enforcement 
agencies have been told to call the 
Defense Department in Washing- 
ton for information. 

Last June, troops were forced to 
leave Pittsburgh early because of 
the uproar. In Houston, a night’s 
exercise was cut short when a 
helicopter landed hard, rolled over 
and its two occupants were hos- 
pitalized. Thousands of callers to 
local media there demanded that 


the troops leave town. "Who in- 
vited them?” asked a caller. 

Exercises in a previously quiet 
Chicago suburb panicked resi- 
dents there in 1995, and in 1990, 
exercises in Los Angeles were 
curtailed after inquisitive televi- 
sion and radio stations sent up 
helicopters to investigate a prac- 
tice invasion above their city and 
created a safety problem. 

After the Charlotte exercise — 
code-named Exercise Cauldron 
Chariot — the Federal Aviation 
Administration launched an in- 
vestigation because die army 
faded to coordinate the exercise 
with it, an agency spokesman 
said. 


A spokesman at Special Op- 
■ations Command, Lieutenant 


e rations Command, Lieutenant 
Colonel Pete Pierce, said the army 
received approval from the Char- 
lotte airport’s air traffic control 
rower and that it would “correct 
any coordination shortfall iden- 
tified with the FAA.” 

Colonel Pierce said the army 
retreated early from Charlotte be- 
cause the operations were more 
disruptive man anticipated. He 
said people on the several streets 
closest to the exercises were no- 
tified just prior to the maneuvers 
but, be added, "Li die process of 
notification, people are going to 
get missed.” 


"The very specific history of France, 
which has combined to exclude women 
from a political role while granting them 
a well-recognized place, both under the 
monarchy and the republic, has created a 
unique situation in relations between the 
sexes. If women have not felt totally 
inferior, that’s because their right to 
speak out has been consistently recog- 
nized, bringing them a certain role and 
power.” 

She continued: "So we’re told there's 
been harmony between the sexes, cre- 
ating a women's role in society im- 
portant enough to make them less in- 
clined than women elsewhere to demand 
their rights and political power. There's 
clearly some tram there. 

More practically, Mrs. Guigou as- 
serts, French law going back 1 ^00 years 
to King Clovis kept property in the hands 
of men; women did not even win the 
right to vote until after World War IL 
Now, she writes, die French custom of 
allowing politicians to hold several 
elected offices at once (Mr. Juppe, for 
example, is mayor of Bordeaux and pres- 
ident of its regional council in addition to 
sitting in Parliament) has helped per- 
petuate a kind of men-only political caste 
that is misogynist to the core. 

That’s not just in theory, she says, and 
she tells of being harassed daily by ob- 
scenities when she ran for office. The 
key to some kind of existence in French 
political life, she goes on, is wearing a 
pants suit and not resembling a woman 
too much. 

As for Mrs. Cresson, now a member 
of the European Commission, she was 
the victim, according to Mis. Guigou, of 
"a sexist lynching” during her short and 
difficult term as prime minister. 

Normally outspoken, Mrs. Cresson 
was highly circumspect in an interview 
when talking about her experience as a 
woman running the French government. 

“There was probably a lack of comfort 
with my being there,” she said- "When I 
was minister of agriculture, I was con- 
sidered a 'provocation,' but the feet was I 
got the fanners the best prices they ever 
had.” 

Referring to the prime minister’s of- 
fice, she stud, "At Matignon, it was 
much more difficult.” 

Mrs. Cresson said France had been 
held back because it had developed a 
"single mold” for success based on a 
masculine model involving certain elite 
schools, civil-service careers and a gen- 
eral mentality to which women do not 
necessarily conform. 


V* 

% 





i 






The Amoaced Ptea 


Edith Cresson, the former French 
prime minister: “It’s a revolt.” 


toward demands for racial and religious 
parities. 

Some men, such as Jean-Louis Bor- 
loo, a member ofParliament, insisted the 
new focus on die issue was overdrawn, 
arguing that so much rapid progress was 
beingmade that it would quickly swamp 
die lag in politics. 

Women students were not passionate 
about tire issue, he said, because die 
movement was already in a highly ac- 
celerated phase. 

. From a different point of view, die 
subject also drew out Jean-Marie Car- 
dinal Lustiger, the archbishop of Paris, 
In a recent interview. 

“Politics and business cannot be the 
monopoly of men,” he said. "But it’s 
absurd to think there should parity in 
distributing jobs. We’ve been lucky to 
invent another kind of feminism here. 
Mien have become crazy and are de- 
voured by what they do in politics or 
business. 

“Docs that help them or society? No. 
The risk is that the same thing that 
happened to men will happen to women. 
The advantage that French women have 
is that they have not become prey of this 
machine of destruction.” 


BRIEFLY 


TEHRAN : Protests Staged CHINA: As Mao ’s Zealots Die Off, Obituaries Are Oral 


Grenade Attacks 
In Addis Ababa 


Continued from Page 1 


the purchase of German 
equipment. He said the de- 
cision by other European na- 
tions to recall their ambas- 
sadors to Iran was "a fruitless 
act” 

“Without doubt, it will be 
replied in kind by Iran.” be 
added. 

Alireza Mahjoub, a Tehran 
deputy, told reporters the 
government should reduce 
ties “to the lowest level.” 

European Union nations, 
with the exception of Greece, 
recalled their ambassadors 
from Tehran after a German 
court on Thursday sentenced 
an Iranian and three Lebanese 
men for the slaying of three 
Kurdish dissidents and their 
translator in 1992 in Berlin. 

The court said that Iranian 
leaders were behind the as- 
sassination — a charge Tehran 
has vehemently denied. 


Iran's Akhbar daily quoted 
an unidentified Foreign Min- 
istry official as saying Iran 
would call home its ambas- 
sador from each country that 
pulled its envoy out of 
Tehran. ___ 

An ami -European stance 
was taken by the Parliament's 
speaker, Ali Akbar Nateq 
Nouri, who said Tehran could 
give preference to Russian 
Firms in new projects. 

Mr. Nateq Nouri, who is on 
an official visit to Russia, said 
that Iran preferred Russia to 
France for a huge gas project 
in the Gulf. 

Despite the tough rhetoric, 
Iran appeared as committed 
to controlling the fallout from 
the court case as the European 
nations themselves. 

The European Union na- 
tions have slopped short of 
severing diplomatic relations 
or cutting trade ties with oil- 
rich Iran. 


Continued from Page 1 


and violence manipulated for the 
benefit of Mao against his rivals. 

Mr. Sun’s Nov. 17 death fol- 
lowed by less feat a month fee 
death of Wang Li, another of 
Mao's firebrands, who was most 
famous for inciting Red Guards to 
take over China’s Foreign Min- 
istry and ransack Beijing's foreign 


diplomatic quarter in 1967. Mr. 
Wang's death also went unnoted 


While many youthful radicals 
of the Cultural Revolution were 
forgiven, many were not, espe- 
cially those who had attacked 
leaders who re-emerged after 
Mao's death in 1976. Mr. Sun fell 
into that category, since among 
his targets were party stalwarts 
like Peng Then, the former 
Beijing party bob, and Deng 
Xiaoping's family. 


Wang's death also went unnoted 
in fee Chinese press. 

At fee time of his death from a 
stroke at age 65, Mr. Sun was a 


pauper, cut off from any pension 
for the years he lectured in 


France Whms Its Schools 


Of Scientology Methods 


Tke Associated Press 

PARIS — The French government has alerted edu- 
cation heads about Scientologist brochures on literacy 
sent to schools across France. 

A letter entitled "Vigilance Regarding Sects” was 
faxed Friday by Education Minister Francois Bayrou to 
regional education heads after many French schools re- 
ceived magazines explaining the Scientology method of 
teaching. 

The ministry said that about 5,000 magazines were sent 
Tuesday from Britain to schools across France. 


for the years he lectured in 
Beijing University's philosophy 
department or from his combat 
service during the civil war that 
brought the Communists to 
power in 1949 or from his years 
as a medic in fee Korean War. 

His wife, Cai Shuyuan, said in 
her tiny apartment that, by the 
mid-1980s, Mr. Sun had gone 
nearly mad from his long years in 
prison and sense that he was be- 
ing unjustly punished for carry- 
ing out Mao’s orders. 

"The Cultural Revolution was 
wrong, everyone was wrong," he 
once told ms wife. “Everyone 
obeyed Mao. No one could say no 
to him." 

In a January 1986 letter from 
prison to a friend, Mr. Sun said he 
was struggling with depression 
and thoughts of suicide. He said 
he felt like the Hon Dynasty (207 
B.C. to AD. 220) historian Sima 
Qian, who was ordered castrated 
by an emperor who objected to 
his writings. Still, the historian 
professed undying loyalty to the 


Many youthful 
radicals of the 
Cultural Revolution 
■were forgiven, but 
many were not. 


tural Revolution,” said Mr. 
Wang, who became a leading 
pro-democracy intellectual in the 
1980s. “At that time, I was also 
an ardent Maoist and Sun's fac- 
tion at Beijing University and our 
faction at People's Daily were 
secretly cooperating to oppose 
those who were trying to topple 
Prime Minister Chou En-lai. 

But while Mr. Wang’s revo- 
lutionary career was largely lim- 
ited to his newspaper. Mr. Sun, 
spurred by Mao and his lieuten- 
ants, traveled from city to city 
inciting the masses against Mao's 
targets. In Beijing. Mir. Sun and 


MissNie setup the ‘*Bmjiiig Uni- 
versity Grouo for Catchme Trait- 


"I think it was a matter of 
private revenge, " said a longtime 
party official. “Today’s leaders 
hate people like Sun Fengyi.” 

Informally, from one person to 
another, news of Mr. Sun’s death 
circulated and, after a few days, 
dozens of people gathered at the 
Babaoshan Revolutionary 
Cemetery on the western edge of 


versity Group for Catchmg Trait- 
ors” and worked secretly undear 
the direction of Mao’s most 
diabolical schemer, Kang Sheng, 
to frame leading party figures. 


Miss Nie and Mr. Sun brought 
down Chang Xiping, the director 
of education ana health in Shang- 
hai. Mr. Chang died on May 25, 
1968, after months of torture at 


Beijing to pay their respects be- 
fore Mr. Sun’s body was 
cremated. 

Mr. Sun’s wife was there and 
an only son, Sun Ji. 27. who 
because of his father's “crimes” 
was never allowed to go to a 
university. Among those who 
came were Wang Ruoshui. 
former deputy editor of the Com- 
munist Party newspaper People’s 
Daily, and Zhu Deshen, former 
vice president of Beijing Uni- 
versity. 

“I knew old Sun in the Cut- 


out the revolution Mr. Sun had 
helped ignite. 

'“Hiey sincerely thought they 
were taking part in a revolution. 


but they were just being used by 
Mao,” said Mr. Wang. He said he 
considered Mr. Sun a scapegoat 
“Mao was the greatest crimin- 
al," he said. 

Mr. Sun’s revolutionary career 
ended when he was detained in 
1969. ^ 

He spent much of me 197us m 
labor camps and in 1978 was for- 


accused party leaders who we 
just then co ming back to power. 


ADDIS ABABA — Grenade at- 
tacks in the Ethiopian capital killed at 
least one person and wounded 42 oth- 
ers, including four Britons and a 
French couple, diplomats and state 
radio reported Sunday. 

Two British men wounded in one 
attack on Saturday night said they 
were in Ethiopia to train the police and 
had thrown themselves on top of one 
of fee grenades to protect then- wives. 

The attacks took place at Blue Tops, 
an expensive Italian restaurant fey ored 
by foreigners and rich Ethiopians. 

Ethiopian radio said that ar least 
one person was killed and 34 were 
wounded when a grenade was thrown 
into the Tigray Hotel near the busy 
Piazza area in the city center, ar about 
the same time as the attack at Blue 
Tops. The identity of the person killed 
was not immediately known. 

The blasts appeared to be the latest 
in a series of politically motivated 
bombings in Addis Ababa and pro- 
vincial cities. State radio did not say if 
any suspects had been arrested. 

President Meles Zenawi’s govern- 
ment has blamed Muslim fundamen- 
talists for a wave of bomb attacks in 
the capital and m the east last year. 
Ethiopian authorities remain secretive 
about the bombings. 

“The two British men were reas- 
onably seriously injured, mostly from 
flying glass. But their wives are not 
too ted and none of their lives is in 
danger,” the British consul, Florence 
Napthen, said. 

A spokeswoman at the British Em- 
bassy, Janet Duff, said there was no 
evidence to suggest the two men were 
deliberately targeted. ' 

The manager of Blue Tops, Luigi 
Ferrari, said three men entered the 
restaurant at about 7:40 PM and 


lobbed two grenades at the eight 
diners inside. 

“Two Jamaicans were untouched 
but two British couples and a French 
couple were all injured. I believe the 
French lady was the most seriously 
hurt and lost one eye from the 
shrapnel.” Mr. Ferrari said. 

Diplomats said they h«H uncon- 
firmed reports of at least two more 
grenade attacks in Addis Ababa (hi 
Saturday night, but said (hat one of the 
devices foiled to explode. (Reuters) 




Mrs. Cresson attended fee cotmnys 
...amicr business school, Hautes Etudes 
Which did no. 

men’s and women s sections until me 
1970s. According to fee newsmagazine 

pc««“ of ^ sch0 ? 1 s 

loSn gradLterfflake more dan 
500,000 francs (S8WO0) [a y^- co™- 
oared with 34 percent of the men. Of the 
school's male graduates. 35 
staffs of more than 10 people, m com 
parison wife 16 percent of fee women. 
^Overall in France, women s salaries 

are described as about 30 percent below 
. m wm>nr in 15 ner- 


.-.tv 

r -3-_ . • itfV- - 

C- $*** 

J 

.■r ■ **** *H- 

. . . 


. _..i. 

3e* 


jauiucuire. a_m**~*« — I 

business school, where women now 
make up 45 percent of the student body, 
said in an interview that she felt there had 

been “massive progress for women m 
professions — judges, doctors, lawyers, 
gut, she added: “Once you take jus 
advance into consideration, it becom es 
more more noticeable thar women are 

not in decision-making posts. The ques- 
tion is not if women can progress but how 
much of an accommodation to fee idea of 
parity will be made.” _ . 

The issue of quotas is a potentially 
sensitive one, with a number of women 
speaking our against them. Elisabeth 
Badinter, a lecturer ar l’Ecole Polytech- 
nique, denounced them as mere political 
correctness and as fee mortal first steps 


? :eC h~Morai 






■ S'.-u 


f 


— 4 ti. 

r- • 

>***••• 

>- * • - 4 


■ •• « weft 

t* 

>>»w 

■ 


Appeal for Calm 
In Nicaragua 


: : • f ^ 


MANAGUA — President Amoldo 
Aleman of Nicaragua has called for 
calm as tensions grew around a na- 
tional, strike called for Monday by 
left-wing Sandmista unions and other 
groups protesting the government's 
economic policy. 

"I hope feat the hot heads have 
been left behind,” he said Friday. 

Saudi m sta unions and farm w or- 
ganizations are angered by what they 
see as fee “dictatorial attitude” of Mr. 
Aleman’s government and have 
called for changes in its twmf imic 
austerity program. (Reuters) 




•- -k .1 


22 Killed in Algeria 


— Islamic fundamentalists 

wiled 22 people in Algeria by cutting 

their throats during an overnight raid 
on the villageof Menaa, 30 kilometers 
U8 miles) south of the capital, Al- 
giers, security forces said. 



— — uauinmyou suuo- 

ron radio said the 22 were “assas- 
anated in a cowardly way.” the of- 
ncud term used for describing ex- 
*aji°ns by throat-slashing. The 
statement blamed Islamic guerrilla* 
for fee killings but gave no fimher 
detaib - (Reutm). 







INTERNATIONAL HERALD TRIBUNE, MONDAY, APRIL 14, 1997 

EUROPE 


PAGE 7 


¥ 


Shaping NATO’s Plans for Expansion: Give - and - Take From Moscow 


By Brian Knowlton 

l^ernabanal Herald Tribune - 

r N0 5f° l r K ' Virginia — The battle 
wS. I t fi ^ 0fNATO enlargement 
I s ?? ped 10 a extent by 

whether Moscow agrees to grant the 
fiance reciproei^forgainingavoieein 
N AT p councils, rop alliance command- 
crs. American, politicians and ■ analysts 
said here. J 

Such reciprocity, they said ai a high- 
level symposium here on the North At- 
I antic Treaty Organization, could in- 
ti? voive Moscow's giving NATO officers 
a presence in the halls of the Russian 
Defense Ministry, or agreeing to limit 
Kussian troop presence in Kaliningrad 
or Belarus. 

But the precise contours of the charter 
that NATO hopes to conclude with Mo- 
scow remain unclear, as does the timing 
Presumably it will be concluded before 


the NATO summit meeting in July, but 
there is no guarantee of that, according 
to a range of militazv specialists. . 

Questions will also arise, they said, 
about Russian behavior during an awk- 
ward period after the charter gives Mo- 
scow some voice in Brussels, but before 
new NATO members are actually, ad- 
mitted. This could damage the likeli- 
hood ofU.S. ratification of jnlargement, 
the specialists said. 

Zbigniew Bizezinsld, the former U.S. 
national security adviser, said it was 
essential that a NATO-Russia charter be 
seen by Western public opinion as ac- 
commodation, and not appeasement. 
That perception will be heavily influ- 
enced .by reciprocity, he said. 

A decision to accept three new mem- 
bers — almost certainly Hungary, Po- 
land and the Czech Republic — is ex- 
pected to be formally announced at the 
Madrid summit meeting of NATO na- 


tions in My. NATO officials hope to 
conclude a charter with Russia before 
then, granting Moscow a voice bur not a 
veto in alliance affairs. 

Mr. Brzerinski's call for Russian re- 
ciprocity was strongly seconded by a 
man considered a leading candidate to 
become the next U.S. chief of staff, 
General John Sheehan, the supreme al- 
lied commander for the Atlantic. 

Mr. Brzczinski said thax if NATO 
agreed to limit its troop presence in new 
Central European member countries, the 
Russians should have to do the same in 
the Kaliningrad region and Belarus. 

He added that NATO should have 
representatives posted to the Russian 
Defense Ministry. 

Asked if he supported such a recip- 
rocal agreement. General Sheehan said* 
“Absolutely. There isn’t anybody in 
Brussels who does not dunk that.” 

Senator Richard Lugar of Indiana, a 


leading foreign policy figure in the U.S. 
Congress, said that a chatter should com- 
mit the Russians to provide maximum 
transparency in defense, and to acknowl- 
edge the rights of all European states to 
freely choose security arrangements — 
meaning no opposition to membership 
by the Baltic states or Ukraine. 

Whether Russian political leaders 
would accept that is a large question. 

And whether Russian military leaders 
would accept the reciprocity discussed 
in Norfolk is also unclear. 

General Sheehan said he had worked 
on questions of reciprocity and trans- 
parency with Russian military leaders 
for three years, with very mixed re- 
sults. 

“It’s bard” he said. “We need to 
keep working at it.” 

Along with the question of recipro- 
city, a Russian voice would raise a del- 
icate question for prospective NATO 


members during an awkward transition 
period when those ftirure members 
would have no formal voice. 

The Polish ambassador to the United 
States, Jerzy Kozminski, said: * ‘It would 
be an anomaly, a strange situation, in 
which Russia for a period of several 
months would be given a privileged po- 
sition in comparison to the countries 
which are in the process of actually 
negotiating access to NATO.” 

He said that efforts were under way 
within NATO and the Clinton admin- 
istration to find a mechanism to allow 
aspiring alliance countries a more equal 
role during that period 

Although a chaner tentatively is set to 
be concluded by late May, no one at the 
conference spoke of ihat as a certainty. 

Public awareness of the enlargement 
debate has been low in the United States, 
opinion polls show, and far from acute in 
most other NATO member countries. 


A Czech-Slovak Squabble 

Neighbors Trade Darts Over Who Gets Into NATO 


By Christine Spolar 

Washington Pan Sr nice 

u PRAGUE — The push to join NATO has 
touched off a dispute between the sibling 
nations of Slovakia and the Czech Republic in 
the former Eastern Bloc. 

In surprisingly personal blasts, the Czech 
president, Vaclav Havel, and the Slovak 
prime minister, Vl adimir Meciar, have 
sparred through the media over Slovakia’s 
apparently declining chances for early in- 
clusion in the Western security pact 

The leading candidates to be added to the 
North Atlantic Treaty Organization this year 
are Poland Hungary and the Czech Repub- 
lic. 

Mr. Havel reportedly dubbed Mr. Meciar 
paranoid for his notions of Slovakia’s failure, 
and Mr. Meciar, filming in the Slovak ca pital, 
Bratislava, likened die famed dissident and 
$ freedom fighter to a clown and recalled the 
Slovak ambassador from Prague for talks* 

The dispute in the former Czechoslovakia 
speaks volumes about the sometimes testy 
nature of Czech-Slovak relations and in par- 
ticular. each country's separate path toward 
democracy since they split peacefully at the 
end of 1992. 

Mr. Meciar was repeatedly warned by 
Western powers about policies and scandals 
that caused concern about his commitment to 
democratic principles. Demands for media 
reforms, particularly access to powerful state 
broadcast media, have been ignored. 

Now. analysts say, NATO prospects are 
fueling bilateral irritations and in particular, 
domestic tensions in Slovakia. 

“Now that NATO is becoming apolitical 




Iplll N AV|" 




problem within Slovakia — the public can't 
understand why it won’t be there — they are 
looking for someone to blame,” said Ivan 
Gabal, a former adviser to Mr. Havel. So they 
are blaming Prague. 

Mr. Meciar has also come under fire on 
NATO membership since President Boris 
Yeltsin of Russia and President Bill Clinton 
met last month in H elsinki , where they dis- 
cussed NATO's expansion plans. 

Opposition leaders in Bratislava, reacting 
to press reports that Poland Hungary and the 
Czech Republic are the likely candidates, are 
blaming Mr. Meciar for Slovakia’s lowered 
expectations. 

Mr. Medlar's government vented its frus- 
tration by stinging its closest neighbor earlier 
this month. Slovakia accused the Czech Re- 
public of dragging its feet on settling property 
issues, including gold reserves, lingering 
from the breakup. 

In a sharply worded statement, Mr. Me- 
ciar's government said it would alert NATO 
to the fact that the Czech Republic is failing to 
“settle outstanding problems with its neigh- 
bors,” a condition for NATO membership. 

Mr. Meciar had planned to come to Prague to 
meet formally with Prime Minister Vaclav 
Klaus, their first substantive meeting in years. 
That visit was scrapped when Mr. Havel told Le 
Figaro, the French newspaper, that NATO 
needed to make clear its decisions over its new 
members so that “it is clearly understood that 
nobody was being disainrinaied against, as Mr. 
Meciar thinks with his customary paranoia.” 

Mr. Meciar now refuses to come to Prague 
until Mr. Havel apologizes for the remark, 
which, be said in a statement, “in decent 
society should not have a place.” 



,v * 



But from the time of the Madrid summit 
talks until ratification by all 16 alliance 
countries is concluded the following 
year, the debate is likely to revolve 
around a simple definition of the issue: 
Does the West gain more, in terms of 
new stability and a rewarding of val ues it 
endorses in Central Europe, than it loses, 
in terms of cost, greater exposure to 
threat, new openness to Russian pres- 
sure, and dilution of the alliance? 

With such questions unresolved, Mr. 
Lugar said that when the Senate takes up 
the ratification debate next year, public 
perceptions would be crucial. 

“If there's a perception that this is 
compensation to Russia,” he said, “that 
in essence we are leaping over and cre- 
ating a new NATO that is less efficient 
as a defensive body, then chat would give 
a lot of anxiety to the Senate.” 

In the end, he said, he expects rat- 
ification. 


BRIEFLY 




H<4xor PuuinuThr \um.uird 

Mr. Prodi, left, speaking with Mr. Flno in a helicopter Sunday en route to Tirana. 

Italian Leader in Albania for Talks 


CaqpMbpOtrStrfFmmDdp&cha 

VLORE, Albania — Flag-waving crowds 
on Sunday greeted Prime Minister Romano 
Prodi of Italy in the insurgent south, where 
armed rebels are demanding the resignation of 
the Albanian president 

Italian soldiers and armed rebels escorted 
Mr. Prodi and his Albanian counterpart, 
Bashkim Flno, who met to discuss the role of 
the multinational force that has started ar- 
riving in Albania to secure food aid deliv- 
eries. 

On Saturday, Mr. Prodi survived a vote of 
confidence in the Chamber of Deputies, or 


lower house of Parliament, after the hard-line 
Refounded Communist Party broke ranks and 
defied the government on the security force for 
Albania. Mr. Prodi ’s center-left government 
won the vote by 321 to 166. (AP, Reuters ) 

■ ‘King 9 Returns After 58 Years 

The son of the former self-proclaimed Al- 
banian king has returned after 58 years in 
exile. The Associated Press reported from 
Tirana. King Leka, whose father fled with his 
family when Italian troops invaded in 1939, 
told Albanians on Saturday that his return was 
“a return of their independence.” 


EU Agenda to Focus on Mideast 

BRUSSELS — Foreign ministers from the European 
Union and 12 Mediterranean neighbors meeting in Malta 
this week will discuss economic relations, but die faltering 
Middle East peace process may dominate the agenda. 

Israel and the Palestinian Authority will be represented 
at the Euro-Mediterranean Partnership. The 15 EU na- 
tions give $2.3 billion a year in aid to Israel and its Arab 
neighbors and are seeking more political clout in a region 
where the United States is the main power broker. fAP) 

Serb Vote in Croatia Is Extended 

ZAGREB. Croatia — The United Nations said Sunday 
that voting by Serbs in Croatian elections would be 
extended to Monday after technical problems delayed the 
opening of polling stations. 

The Serbs are voting for regional assemblies to ensure 
minority rights when Eastern Slavonia, the last part of 
Croatia held by Serbs, reverts to Zagreb's control this 
summer. (Reuters) 

Ex-SS Captain Back on Trial 

ROME — A former SS captain, Erich Priebke. will go 
on trial Moday for the second time in a year, after a 
previous court decision to free him was overturned. 

Mr. Priebke, 83, was found guilty by a military court in 
August of involvement in the murder of 335 men and boys 
in Italy's worst World War Q atrocity. But the court freed 
him, citing an expired statute of limitations. The verdict, 
which caused an uproar, was quashed on appeal and a 
retrial was ordered. (Reuters) 

For the Record 

The European Union is likely to agree on plans to slash 
fish catches to ensure the survival of the fishing industry 
at a meeting starting Monday in Luxembourg. (Reuters) 




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EDITORIALS /OPINION 


Jtcralb 


INTERNATIONAL 



(tribune 


n BUSHED WITH THE NEW VflRk TIUFJ* MkD TIIE WA.SHIM7TON POST 


After Mobutuism 


When the White House press sec- 
retary. Mike McCurry. declared last 
week that “Mobutuism is about to 
become a creature of history.” he 
signaled the end of a long and un- 
attractive chapter of American policy 
in Africa. Washington backed Mobutu 
Sese Seko through most of a 32-year 
reign in Zaire as he stifled the coun- 
try's political development and looted 
its resource-rich economy. 

U.S. support reflected Cold War cal- 
culations. Marshal Mobutu rose to 
power by defeating forces loyal to the 
country's leftist independence leader, 
Patrice Lumumba. He repeatedly lent 
Zaire's Territory to movements fight- 
ing neighboring pro-Soviet regimes. 
Marshal Mobutu was also a favorite of 
Western mining companies and their 
allies in the French and Belgian gov- 
ernments. even though his misr ule and 
corruption drove Zaire's economy to 
collapse. 

Since the end of the Cold War, 
Washington has been visibly distan- 
cing itself from Marshal Mobutu, but 
not vigorously enough at first to help 
dislodge him from power and give a 
chance to the democratic opposition 
movement that has been led for more 
than a decade by Etienne Tshisekedi. 

Instead, the main threat to Marshal 
Mobutu has emerged from an oppo- 
sition army commanded by Laurent 
Kabila, a surviving Lumumba loyalist 
who has won new backing from 
Zaire’s eastern neighbors. Rwanda and 


Uganda. Beginning his operations six 
months ago near the Rwandan border. 
Mr. Kabila now controls nearly half of 
Zaire's territory. 

With Marshal Mobutu refusing to 
surrender and Mr. Tshisekedi still hop- 
ing to play a role in any successor 
regime, the outcome remains uncer- 
tain. A military triumph by the Kabila 
forces alone would be troubling. 

Although Mr. Kabila has revived 
economic activity in areas he controls, 
he has shown tittle commitment to 
political pluralism and his forces have 
reportedly brutalized helpless ref- 
ugees. Washington is right to try to 
broker a cease-fire and a political tran- 
sition. But its influence is limited at 
this late point. 

The United States has recently be- 
gun to develop a constructive post- 
Cold War approach to Africa. That has 
allowed it to move out from the shad- 
ows of former colonial powers like 
France and Belgium. Those countries, 
though now rushing to write off Mar- 
shal Mobutu, still view African politics 
through political loyalties and mining 
concessions. 

In welcome contrast, Washington 
has recently made clear its preference 
for civilian-based regimes, exerted 
useful pressure for multipart)’ elec- 
tions and encouraged and supported 
market-opening reforms. That healthy 
approach should define America's 
policy to Zaire's next leaders. 

— THE NEW YORK TIMES. 


Caving In to China 


Far from delivering the concessions 
the Clinton administration hoped would 
result from its conciliatory approach. 
China now is threatening Denmark for 
refusing to roll over, as its larger 
European neighbors did, on the ques- 
tion of Chinese repression of dissidents. 
The scene of this unseemly spectacle is 
a UN commission meeting in Geneva, 
where a pro-human rights coalition is 
rapidly coming apart as other nations, 
notably France, join the United Stales in 
putting trade advantage over principle. 

At issue is whether the commission 
will call on Beijing to improve its 
execrable human rights record. You 
might think it doesn’t matter much; a 
resolution would be only words. But 
the passion with which China has lob- 
bied to prevent it from even being 
considered hints at the significance of 
this annual debate. It matters because 
China remains the world's foremost 
totalitarian regime, with thousands of 
political prisoners and zero tolerance 
for freedom of expression. If the 
world's democracies cannot even 
agree on a mildly worded condem- 
nation, they are sending tire Chinese a 
signal of abject acquiescence. 

The Clinton administration decided 
to "de-link" trade and human rights. 
The Chinese, for their pan, decided to 
do the opposite. Last week they warned 
that relations with Denmark would be 
“severely damaged in the political or 
economic and trade areas.” In case that 
was too subtle, China added dur die 
human rights resolution would “be- 
come a rock that smashes on the Dan- 
ish government’s head.” Hoping for 


some face-saving concessions on hu- 
man rights from the Chinese regime, 
the U.S. administration had dithered on 
whether to sponsor a resolution in 
Geneva. Now, with tittle to show for its 
forbearance, it says it will support one. 
But it still won’t take the lead, leaving 
that job to smaller nations such as 
Denmark and the Netherlands. 

The long period of U.S. hesitation 
gave France all the excuse it needed to 
break a long-standing European con- 
sensus and declare it won't support any 
China resolution when the matter 
comes up this week in Geneva. Pres- 
ident Jacques Chirac is on his way to 
China, hoping to sell Airbus jets. Ger- 
many, Italy. Spain, Australia and Ja- 
pan, not wanting to lose a commercial 
step to the French, seem likely to fol- 
low suit — though all would likely 
have held fast if the United States had 
shown leadership. Barring an active 
last-minute U.S. campaign. China is 
likely to reap a huge victory without 
having freed a single dissident. 

The irony of this defeat is that it also 
hurts the Western commercial interests 
in whose name the administration has 
forged its policy of accommodation. 
Having seen how easily it can play one 
Western power off against another, 
China will not limit this strategy to 
questions of human rights; efforts to 
persuade China to play by fair trading 
rules will suffer, too. But no one will 
suffer as much as the democrats and 
human rights campaigners inside 
China, who deserve better from the 
outside world. 

— THE WASHINGTON POST. 


Dubious Business 


The United States is getting ready to 
reverse or at least relax its two-de- 
cades-old ban on sales of high-tech 
U.S. weaponry to Latin American mil- 
itaries. Inis is a potentially trouble- 
some development that ought to be 
kept in tight bounds. 

The selling of hot warplanes to 
prestige-seeking Latin militaries with 
absolutely no claimed or demonstrated 
military requirement for them would 
seem dubious at best But the coun- 
tering idea has taken root that since the 
Cold War is over and since Latin Amer- 
ica is democratic (except for Cuba), it 
would be intrusive and patronizing to 
rule out such transactions, especially 
for the politically worthier Latins. 

This conclusion is seductive but 
wrong. These sales add internal au- 
thority to the military in countries where 
the civilian gripon power is weaker than 
it may seem. Chile, the likely first be- 
neficiary of a U.S. policy relaxation, is a 
fair example. To the eye, Chile appears 
a praiseworthy, model democratic free- 
rruuket ally. But its military sector en- 
joys a rich, explicit constitutional priv- 
ilege inconsistent with the American- 
favored notion of civilian control. 

The official American approach is to 
take each proposed arms -sale case on 


its merits. Chile and Brazil are both 
now shopping for modem aircraft to 
replace their generation-old squad- 
rons. If Lockheed Martin — which 
builds F-16s and provides American 
jobs — isn’t allowed to bid, the ar- 
gument goes, a foreign company under 
no similar restraint will make the sale 
— First to Chile, then to Argentina, 
whose civilian officials are said to be 
lobbying the Clinton administration to 
modify any precedent-setting sale to 
Chile. Struggling civilian governments 
often will not agree with their military 
establishments on the need to spend 
hundreds of millions of dollars in 
scarce foreign exchange on warplanes 
in conditions of peace. 

Another approach should be con- 
sidered: encouraging Latin govern- 
ments to work collectively to set their 
own guidelines of restraint in arms 
purchases. This would add a valuable 
new item — regional arms control — 
to a growing tendency of hemispheric 
cooperation. If the time is past for the 
United States to dictate Larin Amer- 
ica's military policies, then the time is 
ripe for Latin Americans to start work- 
ing out sensible common policies — 
and restraints — of their own. 

— THE WASHINGTON POST 


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Beijing’s Hong Kong Crackdown May Backfire 


H ONG KONG — China is deter- 
mined to ensure “social stability” 
when Hong Kong is transferred from 
British to Chinese rule at midnight on 
June 30. Thai's why it is publicizing 
draconian new legislation for Hong 
Kong and pushing it through in ad- 
vance of the takeover. 

The clear message Beijing wants to 
send is that all activities against C hina 
will be banned. Yet such restrictions 
may provoke the very instability they 
seek to prevent. 

The proposed measures, unveiled 
last week and certain to take effect, are 
directed mainly against Hong Kong 
political parties committed to democ- 
racy. free speech and press and the rule 
of law. 

A new notion of "national security" 
will be introduced. Any party deemed by 
the authorities to be threatening this ill- 
defined concept can be banned or its 
rallies prohibited. Demonstrations of 


By George Hicks 

more tii an 30 people will be illegal un- 
less a “letter of no objection” is issued 
by the police. At present, the police need 
only be notified beforehand- 
The government will have tile power 
to restrict any group that “solicits or 
accepts funds from overseas.” Martin 
Lee, the chairman of the Democratic 
Party, now on a fund-raising tour of 
North America, can expect to find his 
popular party outlawed. 

Another change will require that 
groups wishing to operate in Hong Kong 
register with the government, which can 
refuse permission "in the interests of 
national security or public safety, public 
order, the protection of public health or 
morals, or the protection of the rights 
and freedoms of others." 

Not only democratic parties but hu- 
man rights organizations like Amnesty 


International and Asia Watch will be 
put at risk under this catchall legis- 
lation. For example, any campaign 
against the infringement of human 
rights in China will be construed as an 
impermissible anti-China activity. 

Any political group wanting to take 
pan in elections at any level in Hong 
Kong will be affected by the restric- 
tions. Even groups commenting on 
public affairs will be at risk. 

The international media, too. had 
better start preparing for expulsion or 
self-censorship. The press is an obvious 
target as a body through which “polit- 
ical forces" may work against China. 

The requirement to apply for a no- 
objection notice before holding a 
demonstration will almost certainly be 
used to ban all protests on July l. the day 
China celebrates Hong Kong's return to 
the embrace of the “motherland.” 

Many demonstrations have been 
planned for that day. Although some 


sstfasssass 
-ss-ss.™ - 

with the exception of a rdanvelyfevv 
hard-core dissidents. Hong Kong s 
people will acquiesce meekly to 
Chinese rule. This might have been true 
if Beijing had not succeeded so well 
in making all democratic opposition 

^outlawing the law-abiding demo- 
crats, Beijing has opened the way for 
many other less scrupulous people. 
China-haters including gangsters and 

thugs, to take the law into tbeir own 
hands and behave like terrorists in front 
of the international media in Hong 
Kong at (he handover. 

The writer, an economist and a 
writer on Asia, contributed this com- 
ment to the International Herald 
Tribune. 


6 


Netanyahu Knows He Can Ignore U.S. Advice With Impunity 


P ARIS — Benjamin Netan- 
yahu can afford to regard his 
trips to Washington with cyn- 
icism, since he is rightly con- 
fident that nothing of much con- 
sequence will come of them. He 
will be offered earnest advice, 
which he can safely ignore. 

President Bill Clinton is in- 
debted politically to American 
Jewish voters, but so have been 
some of his predecessors. Much 
more important is that he ap- 
parently has no independent 
view of what can or should 
come out of Israeli -Palestinian 
negotiations — the peace pro- 
cess, as it probably no longer 
should be called. 

His administration is prob- 
ably incapable of establishing a 
firm position on the fundamen- 
tal issues of the conflict. Too 
many pressures act on it, and 
any clear stand carries more 
political negatives than pluses 
for the White House, the Na- 
tional Security Council and the 
State Department. 

The basic question Mr. Net- 
anyahu is deciding by making 
' “facts" on the ground is wheth- 
er Jerusalem will be a Palestini- 
an capital as well as Israel's 
capital. Israel's official position 
is that Jerusalem is the unique 
and undivided capital of the 


By W illiam PfafT 


Jewish state, but in the past there 
has been some room for accom- 
modation of the Palestinian de- 
mand that it be theirs, too. and 
some assurance of established 
Palestinian interests in the city. 

Two Israeli human rights 
groups last week published a 
report on what they call "die 
silent expulsion of East Jeru- 
salem Palestinians,”' accom- 
plished by adminis trative re- 
strictions. expropriations of 
property and withdrawal of res- 
idence permits even from some 
Palestinians whose families 
have lived in Jerusalem for gen- 
erations. Official Israeli policy, 
set in 1972. is to keep the Arab 
population of Jerusalem under 
26.5 percent of the total. 

The international community 
does not, in general, recognize 
Jerusalem as Israel's capital; 
nor does the United States, 
which has kept its embassy in 
Tel Aviv. Whether it will con- 
tinue to keep it there is another 
matter. Congress has already 
resolved that it should not 

There are, however, Chris- 
tian. as well as Muslim, pres- 
sures in support of the principle 
of Jerusalem as the holy city 
of three religions, with some 


kind of international status or 
protection. 

As some Arab states have 
influence in Washington, too. 
the U.S. government tries to ap- 
pease all sides while avoiding 
commitments that could prove 
embarrassing in the long run. 

Mr. Netanyahu fully under- 
stands the nuances of this 
situation. 

Building Jewish apartments 
in a historically Arab part of 
East Jerusalem challenges 
America's proclaimed imparti- 
ality and demonstrates Arab 
weakness. Two American ve- 
toes of UN resolutions con- 
demning that construction show 
that Israel's prime minis ter acts 
with impunity — the United 
States will not, or cannot, stop 
him. The Bush administration 
made trouble for Israel. Mr. 
Clinton will not. 

Mr. Netanyahu wants to dis- 
credit America's claim to be the 
impartial interlocutor between 
Israelis and Palestinians. He 
wants the Palestinians, and the 
Arabs generally, to understand 
that he is in control of what 
happens and that they have no 
effective international recourse 
against what Israel chooses to 


do. This leaves Israel-Arab re- 
lations in their worst condition 
since Anwar Sadat's trip to Is- 
rael in 1977. 

Mr. Netanyahu's program 
for the Palestinians is limited 
local autonomy, without na- 
tional sovereignty, in enclaves 
separated from one another by 
Israeli-controlled routes and 
settlements, under overall Is- 
raeli domination. The Pales- 
tinians call this a Bantus tan 
solution. 

But it is all Mr. Netanyahu's 
government offers, and he 
would say to them that they had 
better take it while they can. 

The Palestinians and the Ar- 
ab governments have little to 
offer in opposition, short of an- 
other Arab-Israeli war or a per- 
manent Palestinian guemlla 
struggle against IsraeL That 
would strengthen the in- 
transigent and apocalyptic right 
in Israeli politics, which seeks 
an Arab-free Greater Israel. 

The remaining obstacle is the 
Jewish diaspora, if it were to 
support those forces inside Is- 
rael who dread die country’s 
transformation into an 
apartheid state. Jewish commu- 
nities abroad — in the United 
States, but also in Europe — are 
themselves deeply divided on 


the policies of the Netanyahu 
government 

Understandably, and no 
doubt rightly, Jews abroad have 
in the past been extremely re- * 
luctant to try to influence Is- t 
reel's decisions, made by the 
governments elected by Israel's 
own citizens. 

Since the diaspora is predom- 
inantly Reform or Conservative 
in its religious attachments, it is 
also preoccupied by the new 
attempts by certain Orthodox: 
rabbis in Israel to extend their 
control over the grant of Israeli 
citizenship and the application 
of the ‘ ‘right of return.” That is 
a further complication of the 
situation. 

Many friends of Israel have 
also relied on the United Stares 
as a check to Israeli extremism. 
and as an effective mediator be- 
tween Israel and the Palestini- 
ans and Arab governments. 

But they can’t rely on Wash- 
ington now. Israeli and diaspora 
liberals have long thought that 
the United States would stop 
Mr. Netanyahu before he went 
too far. It hasn't; it almost cer- 
tainly won't The Israeli oppo- 
sition, and its friends in the di- 
aspora, are on their own. 

International Herald Tribune. 

O Los Angeles Times Syndicate. 


Washington Must Get Serious About Latin America Affiance 


L OS ANGELES — In the 
past two years, as the pres- 
ident and Congress quarreled, 
U.S. policy toward Latin Amer- 
ica has swung from partnership 
and free trade to paternalism 
and protectionism. In his 
second term. President Bill 
Clinton needs to forge a do- 
mestic partnership with Con- 
gress as a first step toward con- 
solidating a democratic alliance 
with the fastest-growing market 
for U.S. goods. 

In 1993 and 1994, President 
Clinton secured ratification of 
the North American Free Trade 
Agreement; he marshaled 
multinational support to restore 
constitutional government in 
Haiti, and he convoked a sum- 
mit meeting of democratic pres- 
idents that pledged to complete 
negotiations on free trade for 
the hemisphere by the year 
2005. 


By Robert A. Pastor 


But within two weeks of the 
summit meeting, U.S. policy 
shifted with the fall of the Mex- 
ican peso and the rise of Re- 
publicans; the American people 
lost interest in the Americas, and 
partisan bickering led to policy 
stalemate. To Latin Americans, 
the U.S. government became 
more of a thug policeman than a 

The* ?Mrro-Buiton law on 
Cuba created more resentment 
among America's friends than 
problems for Cuba. The United 
States retreated from NAFTA 
and the promise to pursue its 
extension to Chile. And while 
Washington rejected the au- 
thority of the World Trade Or- 
ganization on the Cuba issue, 
it used the WTO against Brazil 
on autos and in the Caribbean 
on bananas. 


Disappointed but pragmatic 
Latin governments have begun 
pursuing free-trade alternatives 
elsewhere. 

Fortunately, there are signs, 
including the appointment of 
Mack McLarry as special envoy 
and his proposed trips to the 
region, that die president may 
decide to seize me unique op- 
portunity in the Americas. But 
what, exactly, must be done? 

• The president and Congress 
need to approve fast-track trade 
negotiating authority, not just for 
Chile but for all the Americas. 

They also should negotiate 
reciprocal but not equal agree- 
ments with the vulnerable 
Caribbean Basin countries. 

• An international drug policy 
in which we Americans grade 
our allies in the drug war each 
year weakens them and is in- 


Papa as Product: It Is Not Good 


F ort lauderdale. 

Florida — For years 
people have come to " Key 
West to celebrate Papa. The 
rown was small. And it grew 
large with tourists. 

The sun was warm and it 
was good. You could drink a 
Corsican wine that had a great 
authority and a low price. It 
w as a very Corsican wine. 

And at Sloppy Joe's, there 
w ere men at the bar with white 
beards and big bellies who 
prayed for good bulls and 
good fish and good Buds. 

But the Hemingway Days 
Festival, a raffish institution in 
Key West for the last 1 6 years, 
was canceled last week. Held 
every summer near the house 
where Ernest Hemingway 
lived from 1929 to 1940. it 
featured a Hemingway look- 
alike contest, fish fry and arm- 
wrestling toumame’nL 
This year, though, the three 
Hemingway sons — Jack. 
Patrick and Gregory — 
threatened to sue if they did 
not get a 10 percent cut. a fee 
for past profits and content 
control. 

Michael Whalton. the fes- 
tival's head, gor a letter from 
Marla Meczner of Fashion Li- 
censing of .America, the fam- 
ily’s agent saying Heming- 
way Ltd. had exclusive rights 
“to use and/or exploit the 
name and likeness of Ernest 
Hemingway." 

Befitting the times we live 
in, the issue is not whether 
American icons should be ex- 
ploited. The issue is whether 


By Maureen Dowd 


they should be exploited by 
strangers or loved ones. 

Martin Luther King Jr.'s 
children are wringing every 
last dime out of their father’s 
“I Have a Dream* ' speech with 
stiff licensing fees. And they 
sold the film director Oliver 
Stone the rights to the King 
story, presumably including 
Dexter King’s embarrassing 
rapprochement with James 
Earl Ray. 

Like the Kings, the Hem- 
ingways happen'to have a sa- 
cred father, that is to say, a 
product. Now they have gone 
“upscale" to protect that "au- 
thentic. masculine and ro- 
mantic'’ Hemingway image, 
in Ms. Metzner's words, with a 
Hemingway Mont Blanc pen 
for S600 fit refuses to write 
long sentences), a tine of eye- 
glasses starting at S375 and a 
home-furnishings collection 
“which reflects the styles of 
Spain. Africa and Key West" 

Patrick Hemingway claims 
the festival was not dignified 
enough. But his own Key 
West stories include the time 
he and his father urinated to- 
gether to put out a fire on a 
bridge, and the time his father, 
thinking a neighbor's cat was 
injured and in pain, shot it in 
the head. The cat survived. 
Some Great White Hunter, 

* ‘The money is important, ’ 1 
the amiable Hemingway said 
from his home in Bozeman, 
Montana. "But those people 


down there give an image of 
Ernest Hemingway that is 
crude, as sort of a beach- 
comber. It’s nasty, like when 
my dad visited die Bahamas 
and they made up a song, ‘Big 
Fat Slob in the harbor, to- 
night's the night we got fun.’ 
Nobody would say my father 
wasn't a drinker. But it was 
not the core of who he was." 

Mr. Whalton contends that 
the writer would be more ap- 
palled to see an outfit called 
Fashion Licensing of America 
peddling his image than he 
would be to see a bunch of 
guys who look like him. 

Patrick Hemingway talks 
about a symposium at the 
Kennedy Library honoring the 
100th anniversary of his fa- 
ther’s birth. But it may be too 
late to get die toothpaste back 
in the tube. Hemingway was 
already a parody of himself 
when he died. 

Now. along with other 
macho writers such as Jack 
London. Irwin Shaw and Nor- 
man Mailer.his work has gone 
out of fashion. Book dub 
readers who swoon over “The 
English Patient’’ titter at the 
idea of reading the superior 
“A Farewell to Anns." He 
has been booted off college 
cuniculums filled with more 
muinculnirally correct if not 
always as talented, women, 
minority and gay writers. 

The only lesson here may 
be that there's nothing more 
valuable in life than obscure 
parents. 

The New York Times. 


brother, we should invite our 
partners to design a genuinely 
hemispheric drug-fighting 
strategy to be monitored by all. 

• To deepen democracy, the 
electoral process should be 

The hemisphere is 
already nearly 
twice as large a 
market for U.S. 
goods as the EU. 

cleansed of money. While the 
United States has much to learn, 
our neighbors can learn from us 
how transparency can restrain 
corruption. 

• The hemisphere has much 
to learn from Chile, which in the 
past six years has reduced its 
poverty by half, and from Brazil, 
which has increased funding to 
education and directed it toward 
elementary and secondary 
schools rather than universities. 

• The secretary-general of the 
Organization of American 
States should empower a group 
of senior statesmen to propose 
solutions for the numerous ter- 
ritorial disputes that continue to 
threaten the region, and all of the 
nations should ay to fashion 
arms restraint agreements that 
could be models for the devel- 
oping world. 

• NAFTA is the second most 
advanced trading bloc in the 
world, but some adjustment is 
essential to make sure the rules 


are fairly enforced and the ben- 
efits of integration shared with 
those who have paid the [nice. 

With a full domestic and in- 
ternational agenda, why should 
die president devote his time to 
Latin America? Because a 
peaceful and prosperous hemi- 
sphere is in America's interest 

In tiie past five years. U.S. 
expons to Latin America have & 
increased eight times faster than -v 
our exports to Japan and about 
15 times faster than those to 
Europe. It is hard for many 
Americans to conceive, but this 
hemisphere is already nearly 
twice as large a market for U.S. 
goods as the European Union 
and nearly 50 percent above 
that of Asia. 

Another reason is that most 
new Americans come from the 
Americas. The cultural distance 
separating the United States 
from Latin America has nar- 
rowed. The prospect for a closer 
relationship is better than ever. 

President Clinton's most en- 
during legacy can be built in this 
hemisphere. 

Progress will not be meas- 
ured by the number of meetings 
but by concrete steps and thejp 
political will of aU the nations' 
leaders to make the kinds of 
decisions that will improve the 
lives of all Americans, from 
Canada to Argentina. 

The writer is a professor at 
Emory University and director 
of the Latin American and 
Caribbean program at the 
Carter Center. He contributed 
this comment to the Los Angeles 
Tunes. 


IN OUR PAGES: 100, 75 AND 50 YEARS AGO 


1897: Curing Plague 

BOMBAY — Magnificent re- 
sults were obtained by Dr. 
Yersin with the serum treatment 
of confirmed cases of plague. 
An enormous decline in mor- 
tality from 83 per cent to 34 per 
cent is a result which justifies 
the highest expectations. It ap- 
pears that plague, when treated 
the first day. results in 88 per 
cent of recoveries, which places 
it among comparatively mild 
infectious diseases. Preventive 
inoculation is also of use in 
avoiding the disease. 

1922: Ten- Year Truce 

GENOA — “A ten-year truce 
maintained by merely econom- 
ic sanctions is not enough. A 
good idea must not be spoiled," 
said Dr. Bents, Premier of 
Czecho-SIovakia, at the Genoa 
Conference. The Little Entente 
has already lined up to demand 
that if the truce is entered into, it 


must have the guarantee of the . 
united force of Europe behind it. 
Behind the ten-year truce is the 
idea that the power of the moral 
obligation assumed before tiie 1 
world, plus the application of 
economic pressure, is all the 
guarantee the pact needs. 

1947: Amazon Study 

PARIS — Systematic research 
of the resources of the vast 
Amazon basin, one of the most 
ambitious projects on the 
United Nations Educational and 
Cultural Organization program ,’ 
will start mis month. The es- 
sence of the project is to mala* a: 
prel imina ry investigation in 
Brazil of the possibilities ofset- 
up a relay station for re-! 
search at the mouth of the- 
Amazon River. Among the; A 
projects are the study of tropical' ^ 
‘hsease, agricultural science,, 
transportation, and the possi- 
bility of bringing education ter 
an estimated 300,000 Indians. 


K 


f. 

5 

•»i- 




h 

! r 

I i 





PAGE 9 




LANGUAGE 


INTERNATIONAL 


Alternating Allusion and Alliteration 


By William Safi re 


WSS-fe 

W1 * drew from consideration as 
mrcctor of central intelligence 

He denounced the confinnaiion pro- 
<***' ® brinish without bSoe 

shot. TbisallnriedtoTWsHobbes 11 

1651 description of the life of man in a 
stale of nature as “solitaiy, poor, nasty. 
IxuDsh, and short” Most citations of 
this quotation from “Leviathan” about 
ungovemeo, primitive humanity leave 
out the "“solitary noor,” as did Lake’s, 
but his play on the phrase’s last word 
nad impact. He hoped citizens would 
demand that “‘Washington give priority 
©pokey over partisanship, to governing 
aver gotcha. ” 

AsLexicographic Irregulars know, 
an affiliate of the Nitpickers' League 
calls itself the Gotcha! Gang, whose 
members are dedicated to finding er- 
rors in this column and who — un- 
aware of “mistakes’ * planted herein to 
elicit their “ ‘corrections" — delight in 
' ™ r “ n S whoops and imprecations from 
their citadels of pedantry. 

Gotcha! is a pronun national spell- 
ing similar to womcha ("Woracha 
come home. Bill Bailey?”) and on- 

onniui l i i ■ 





ujicLLui ujt me un- 

guistic Atlas Project at the University 
°f Georgia, the reduced form produces 
significant change: “The stressed 
vowel in the pronoun, the yoo. be- 
comes a schwa” — proDount^d UH. 
' ‘The t plus the ya of vok, nm together, 
turns into a tch, an affricate.” We all 
know that when it comes to 
change, a mere running together of 
words, or elision, ain’t nuthin’ com- 
pared with an affricate, in which an 
explosive consonant (like p, b, and t) is 
followed by a fricative consonant (like 


th and/) to transform both into a whole 
aew ball game. Rstfights break out in 
American Dialect Society meetings 
over whether affricates like judge and 
church should be considered one syl- 
lable or two, and whether word blends 
like gotcha aind let's have become 
grammaticalized, or fused into a unit 

“Gotcha is not slang.” insists Jesse 
Sbeidlower, a senior editor in the ref- 
erence division of Random House and 
a slang specialist. “The eye-dialect 
spelling suggests informality, but it’s 
actually standard usage, and wouldn't 
be entered in any of the slang 
thesauri.” (So how come, Jesse, you 

And then there is the 
knotty question of 
volunteer political 
workers, paid or unpaid. 

can find it in the Random House His- 
torical Dictionary of American Slang? 
Gotcha!) 

The term can express understanding 
(“Gotcha, boss”) or maintain a con- 
versation with more piquancy titan the 
granted uh-huh (“Gotcha, keep 
talkin' ’’) or be an exclamation of petty 
triumph . similar to aha! — as used 
above to embamtss a source guilty only 
of being helpful, ormock-menaongly, 
as in the chess player's affrication of 
“I’ve got you where I want you.” A 
specialized sense having to do with the 
sort of distracting maneuver demon- 
strated by the actress Sharon Stone in 
the movie “Basic Instinct” has a string 
of citations in the OED’s second edi- 
tion mi CD-ROM but has nm into the 
V-chip that some paternal editin’ has 
slacedi 


Coinage? The earliest use found so 
far was by the mystery writer RJL 
Edgar Wallace, in his 1932 “When 
Gangs Came to London”: “The plane 
. . . went down and it fell with a crash. 


. . . ‘Catcher!’ It was Jiggs’ triumphant 
voice.” The spelling changed in 1966 
in the “I understand” sense and soon 
followed in all other meanings of this 
extraordinarily useful addition to the 
language, including Anthony Lake's 
alliterative gotcha government. 

□ 

“White House ‘Volunteers’ Were 
Paid by DNC” was The Washington 
Post headline. The word volunteers 
(coined around 1600 to describe those 
who enlist for military service of their 
own free will, coming to mean those 
who perform services without pay in 
1638) was surrounded by quotation 
marks because die workers were paid 
by the Democratic National Commit- 
tee under the guise of being unpaid 
White House helpers. 

Such aides have been known as paid 
volunteers for several years, at least 
since the Clinton administration pro- 
posed its Americorps program; in that 
activity, unconnected to the recent 
White House use. members receive a 
$7 ,500-per-year stipend, health-care 
benefits, and a £4,723 onetime bonus 
toward college costs for doing local 
community work described as volun- 
teer activity. Hie phrase paid volun- 
teers is an oxymoron (like “thunder- 
ous silence”), since it joins words that 
are in seeming contradiction. 

When a white House, spokesman, 
Barry Toiv, was asked what one of the 
paidvolunteers did before she took her 
White House job, he replied that she 
had worked in the same office without 
pay.To describe that work, the creative 
spokesman then coined a term known 
as a retronym. or a phrase minted to 
modify what had not needed modi- 
fication before (like “day baseball”). 

His retronymic coinage of a person 
really, no foolin', working without any 
remuneration in this world of recom- 
pensed good Samaritans: “volunteer 
volunteer." 

Sew York Times Service 


%- 


BOOKS 


ASPHALT NATION: How the 
Automobile Took Over America 
and How We Can Take It Back 

By Jane Holtz Kay. 418 pages. $27 50. 
Crown. 

Reviewed by Jonathan Yardley 

J ANE HOLTZ KAY gets right to the 
point, telling us at the outset dial in the 
debate over the automobile in American 
life there are ‘ ‘the separate worlds of foot 
power and horsepower: die road worriers 
versus the road warriors. ” Both sides are 
extremist, she tells us, whereas in this 
book she aims to find the middle way. . 

Don’t believe that for a moment. 
From first page to last. “Asphalt Na- 
tion’ ’ is an exercise in car-bashing, writ- 
ten at a level of sustained hysteria that 
any Birkenstock-shod Greeme would 
applaud. 

“The nation is in gridlock,” Kay 
writes. “And not just on the road. The 
nation is in lifelock to the automobile as 
the dominant means of transportation. It 
is in its grip so securely that we can 
barely perceive how both the quality of 
tp mobility and the quality of life have 
diminished” So what else is new? 
People who love cars (count me in) know 
every bit as well as do people who reg- 
ularly use mass transportation (count me 
ini that the U.S. national transportation 
network is so disproportionately skewed 


in favor of the automobile and its big 
cousin, the truck, that high penalties are 
being exacted: deaths by the tens of 
thousands each year from auto accidents; 
air pollution that remains dangerously 
high despite the successful introduction 
of emissions-control systems; eyesore 
strip developments and decaying down- 
towns; the decline of community and the 
rise of self-centered individualism; tire 
paving of die countryside and the de- 
struction of natural beauty. 

Et cetera. The list can be as long as 
one cares to make it, and Kay cares to 
make it as long as she can. Pointing her 
finger in ovary imaginable direction, 
always with high righteous indignation, 
she lines up all the usual suspects and 
subjects them to all the usnal harangues. 
There is nothing in “Asphalt Nation,” 
absolutely nothing, that has not already 
been said by someone else, usually more 
lucidly, for Kay is a dreadful writer who 
latches onto, every journalistic clichfi 
that crosses her radar. 

J Wherever she looks, Kay finds bo- 
geymen and conspirators, a “huge in- 
dukry of bonds, legislatures, highways 
and anto lobbies.” The “government’s 
bankrolling of car costs and car-based 
land use,” she says, “has made the 
automobile look economical and be- 
come essential.” - 

( W hat arrant nonsense. Arrogant, too. 
These are the words of a resident of the 


Jonathan Yardley is on the staff ofThe 
Washington Post. 


BRIDGE 


By Alan Truscott 

' HE oldest regular winner 
in New York clubs is Mur- 



ieal, he worked lard for a 
sgnificant overtrick. 

He quickly reached four 
earls, and knew from the 
lidding that the high-card 
inength was on his right. He 
uould have been held to 10 
ricks by a normal spade lead, 
>ut West chose a trump. This 
vas won ’in the closed hand, 
md the club jack was led for a 
osing finesse. 


NORTH - 
*75 
9K109 
*15864 
*AQ42 

WEST EAST 

♦ Q20S2 * K J8 3 

9632 9- 

475 0AKQJ92 

*10 # 73 *K65 

SOUTH (D) 

*A84 
9AQJS754 
G.3 
+ J8 

Both 3fctes were vulnerable. Tte bid- 
ding: 

South West Mortft East 

1 9 Pass 29 DbL 

49 ' Pass Pass 

West led the heart two. 


On taking the club king, 
East cashed a diamond win- 
ner, which was right, but tben 
tried for another diamond 
trick, which was wrong. Seiler 
ruffed high and cashed four 
more trump winners to reach 
the (position shown at right: 

' The last trump forced West 
to part with a spade, and the 
club two, now useless, was 
thrown from the dummy. 
Then two rounds of clubs 
gave South his overtrick, for 
East could not guard both 
spades and diamonds. This 
was an elegant nonsimultan- 
eous double squeeze, but 
South could have done better 
at the start. If he had won the 


CROSSWORD 


ACROSS 
i Enter 
s Throaty 
utterance 
a Up. as me ante 
14 Ancient 
alphabet 
character 
is Singer Guthne 
i« Get straight A's. 

• a.g. 

it Lot of land 
is ‘Greeimgs — 
■(postcard 
opening) 

to Opinions 
20 Lose some 
weight 


23 Looks perfect 
on 

24 Not pOS. 

25 Flier Earhan 
25PanolT.G.l.F. 
so Place to crash 

33 Recluse 

34 BO'S hairdo 

as Ms 

37 Criticize 

formally 

40 Godo> war 

41 Where the Mets 
meet 

42 Pulitzer winner 
Pyle 

43 Actor Beatty 
4* Sertor Guevara 

*5 Certam marbles 


Solution to Puzzle of April H 


[FiR 
R A 


SIT.P 
f o|« 


iSBBaa naaa 



4* ‘We the 

Champions* 

' (Queen tune) 
47 He loved Lucy 
m Nears, as a 
target 

58 Hardly the 
brainy type 
57 ‘Othello* villain 
sa Goiter's cry 
sa The little 
Mermaid 
eo Quite a rarity 
*1 Writer Lebowitz 

52 Raison 

53 Marquis de 

84 Jodie Foster’s 

alma mater 


DOWN 

fPfttddetote 

* Thai huru - 

3 Concerning 

4 Exigency 

5 Basket 
material. 

•Stop. in France 

7 Puis on the 

brakes 

# Splendor 

9 Variety shows 

10 Getting rid of 
« Decorated, ss a 

cake 

12 Uses needle 

and thread 


is Overhead 

trains, for short 
±i Blazing 

22* of Old 

. Smoky* 

25 Nebblshy comic 
Sherman 
25 Sculptor Henry 
27 Signed off 
at Diamond, of 
gangsterdom 
25 * la Douce* 

30 Gist 

31 Vanity Fair 
photographer 
Leibovitz 

32 Palm tree fruits 
»4 Wbrd with head 

or heart 
uEnemy 
35 SHeni film star 
Theda 

si Hearth residue 
35 On the up and 
up 

44 New Orleans 
cuisine 

43 On dry land 

45 Yellowish-brown 
47 Rigger Row 
4« Pushed, with 

. *on* 

45 Take on, as an 
employee 
wLeaveout 
si Grande and 
Bravo 

52 Questionable 
sj -A boil's 
House* heroina 



©New York Times/Edited by Will Shorts. 


54 Like much 
testimony 
fS Hawaii's state 
bird 

ss Good, in sir set 
talk 



S*«phrti ijtfcLj.’ThrN-* ^etLTonr* 

Hutu refugees lining up for food near Kisangani, Zaire. Plans are being made to airlift them back to Rwanda. 

Rwanda Refugees: Not Just Victims? 

In Zairian Camps, Many Hasten to Deny Role in Old Atrocities 


Cambridge-Boston nexus, die most pro- 
vincial place in these United States, a 
closed community of the illurainati who 
see other Americans as an inferior breed 
awaiting enlightenment and instruction 
from on high. The possibility that an 
auto-based culture is what Americans 
have chosen of their own free will is 
beyond the ken of these self-appointed 
guardians of civic virtue. 

Many of the terrible things that the 
automobile has done to us are as bad as 
Kay describes them, and it is true as well 
that an immense range of special interests 
has had much to do with bringing all 
these things to pass. But in the central 
notion that ordinary Americans are es- 
sentially voiceless victims of this malign 
bulldozer, Kay reveals herself to be ut- 
terly blind to the reality of popular will in 
a democracy and die means by which it is 
exercised Though it is true thar what 
people want is often determined by what 
is available to them, and that most of 
what is available to Americans involves 
the automobile in one fashion or another, 
it was the people themselves, exercising 
free and collective will, who made the 
initial decision to abandon virtually all 
forms of public transportation in favor of 
die mobility, or the dream of mobility, 
offered by the automobile. 


first trick in dummy and led a 
low chib, the overtrick would 
have been assured, whether or 
not East took his king. 

NORTH 

♦ 7 

9 — 

O 10 

♦ A Q 2 

WEST EAST 

4 Q 10 O K J 9 

9 — 9 — 

O— 0 Q 

♦ 10 9 7 * 0 

SOUTH 

♦ A 8 4 

9Q 

O — 

*8 


By Nicholas D. Kristof 

New York Times Service 

KISANGANI. Zaire — He and his 
family are in rags, close to starvation as 
they sit in a clearing in the jungle waiting 
to see whether food or death conies first, 
and Nieuvra Fulquice is not quite sure 
God is on his side. 

“God is punishing us,” Mr. Fulquice, 
a Catholic, said weakly, his eyes lu- 
minous with the pain of any parent who 
cannot provide for his famished chil- 
dren. “We’re in agony, and we haven't 
eaten in three days.” 

Why is God punishing Mr. Fulquice? 
What vengeance is he wreaking on the 
$5,000 Rwandan refugees stranded in 
the jungle of central Zaire? Why would 
God be behind the cholera outbreak 
here, the emaciated children with sticks 
for limbs, the mounting numbers of 
corpses of children who have faded 
away from starvation and disease? . 

Mr. Fulquice would nor say, instead 
hastily repeating that he had never killed 
anybody. At first, he acknowledged that 
in Rwanda he had seen his neighbors, 
killed because they belonged to another 
ethnic group, the Tutsi, but a moment 
later he retracted that 

“I never did anything bad to the Tut- 
si,” he insisted, shaking his bead fer- 
vently. “Never! 1 never did anything 
bad. Nothing happened to my neighbors! 
They weren't killed. ' ’ 

Mr. Fulquice and his compatriots are a 
special kind of refugee — not only vic- 
tims of suffering but also agents of it. 

Arrangements are being made for a 
huge UN airlift to transport the refugees 
back to Rwanda. If all goes well, which 
is far from certain, the airlift will begin in 
the next week or two. 

It would be difficult to conceive of 
people who are now enduring more 
wrenching hardship, yet it is almost as 
difficult to imagine people who. col- 
lectively, have inflicted more brutality 
on others. 

These refugees are members of the 
Hutu tribe from Rwanda. In 1994, lead- 
ing Hutu in Rwanda turned on their 
neighbors, the Tutsi, and tried to wipe 
them out. With guns and machetes and 
clubs, they killed as many as 500.000 
men, women and children in just a few 
months. 

But Tutsi soldiers soon seized power, 
and many Hutu fled the country our of 
fear of vengeance or simply because 
they had been manipulated by leaders of 
the genocide. Now these ordinary Hutu, 
such as Mr. Fulquice, are at the end of the 
line. 

After nearly three years as refugees, 
they must depend for their lives on the 
magnanimity of the same Tutsi tribes- 


men whom the Hutu once tried to de- 
stroy. 

Not only is Rwanda now run by Tutsi, 
who are in a position to decide whether 
to welcome these Hutu home, but this 
pan of Zaire is controlled by rebel sol- 
diers who are ethnic Tutsi as well. 

The Tutsi in Rwanda bave empha- 
sized that they want the refugees to come 
home to achieve reconciliation, and the 
Tutsi rebels in Zaire have grudgingly 
allowed them to fiy out from the airport 
in the nearby city of Kisangani. But 
neither group feeis much empathy for 
the refugees. 

They are morally troubling in another 
way as well: While' thousands of small 
children in the camps have distended 
bellies and limbs like twigs and seem 
near death by starvation, there is also a 
considerable number of strapping young 
men who look fit. healthy and well-fed. 

“When we get food, I eat first,’ ’ said 
Bizumana Faustin, 35, a husky father of 
three starving children. 

Mr. Faustin beamed as he pointed out 
his boys, including a 7 -year-old with 
arms that seemed as frail as popsicle 
sticks. The youngest, a 2-year-old whose 
ribs protruded into his skin, was so tiny 


he seemed ready to fade away. 

Pressed on why he should eat ahead of 
his starving family, Mr. Faustin laughed 
good-naturedly. 

“I’ve become thinner, too.” he said, 
seeming unusually oblivious to the wel- 
fare of his children. 

Aid workers from UN agencies and 
private organizations are trying desper- 
ately to bring in food and medicine. But 
the refugees, gathered along a deeply 


rutted din road across the Congo River 
from Kisangani, are difficult to reach, 
and every day about 100 of them are 
dying. 

The aid workers say they know that 
some of the refugees may be mass mur- 
derers. But they add that for now, the 
task is simply to save lives and ease an 
appalling suffering concentrated on 
those who are unequivocally blameless. 

“There are lots of women and chil- 
dren.” said Lars Petersen, who was or- 
ganizing one of the refugee camps. 

Dorte Sorensen, an organizer working 
for the UN High Commissioner for 
Refugees, added: “If I knew that 
someone I was talking to had killed 
people, well. I’d still do my job, but 
maybe I wouldn't stay and talk to him. 
But basically it’s not for me to judge 
these people.” 

Aside from the women and children 
who simply fled Rwanda with their hus- 
bands or fathers, many men joined the 
exodus not because they had taken part 
in the genocide but because they feared 
civil war and random violence. 

“Back then, it wasn’t everybody who 
killed,” said Pierre-Celestin Koraeza, a 
teacher whose 6-year-old son died a week 
ago of hunger and sickness. “So maybe 
three-quarters of us are innocent.” 

Like everyone else. Mr. Komeza in- 
sisted that he had not taken part in the 
slaughter of Tutsi. 

He finally acknowledged that he had 
seen a large’ group of Tutsi killed inside 
the church where they had taken refuge, 
but each time he was asked to describe 
the incident, he repeated: “I did not take 
part in the killing. I did not take part” 


Zaire Rebels Renew Offensive 


Reuters 

KINSHASA. Zaire — Zaire’s rebels 
said Sunday they were relaunching their 
whirlwind offensive after expiry of a 
three-day deadline for President Mobutu 
Sese Seko to quit. 

The new military governor of Kin- 
shasa. a declared rebel target, appealed 
for calm, saying that developments on 
the war front had sown panic. 

“The most fantastic rumors accord- 
ing to which the city of Kinshasa would 
soon fall to the armed rebellion are gain- 
ing ground,” he said on television. 

The television announcer said panic 
had gripped districts of Kinshasa near 
the airport after anti-Mobutu militants 
urged residents to evacuate. 

Opposition militants who have de- 
clared support for the rebel leader, 
Laurem Kabila, have called for a total 


shutdown of the capital on Monday as 
part of a planned campaign ro force an 
end to Marshal Mobutu's 32-year rule. 

The rebels, who control half the na- 
tion, including its mineral-rich econom- 
ic heartland, said Sunday they were re- 
suming their offensive. 

Bizima Karaha. foreign affairs com- 
missioner in the rebel alliance, told a 
news conference at its headquarters in 
the eastern city of Goma that Marshal 
Mobutu had had his Iasi chance. 

“We have decided that we will not 
give Mobutu any more chance.” be said. 
“We want them to go — and after they 
have left we will consider a cease-fire 
because if Mobutu leaves it will be the 
end of the war.” 

The rebels have been pushing for a 
meeting between Marshal Mobutu and 
Mr. Kabila. 


Martin Schwarzschild, 
Astronomer, Is Dead 


New York Times Service 

NEW YORK — Martin 
Schwarzschild. an astro- 
nomer who studied the struc- 
ture and evolution of stare and 
who was the first to use a hot 
air balloon to cany a tele- 
scope into the stratosphere ro 
take clearer pictures of the 
sun, died Thursday of a heart 
attack in Langhome. 
Pennsylvania. He was 84. 

Mr. Schwarzschild was the 
Eugene Higgins Professor 
Emeritus of Astronomy at 
Princeton University, where 
he spent most of his profes- 
sional life. He became a pro- 
fessor at Princeton in 1947. at 
the same time as Lyman 
Spitzer, an astrophysicist and 
former head of the uni- 
versity’s astronomy depart- 
ment, who died March 31. 

It was at a lunch with Mr. 
Spitzer and the physicist 
James Van Allen that he de- 
cided to undertake his boldest 
project. “You astronomers 
are much too conservative.” 
Mr. Van Alien reportedly told 
them. "We physicists have 
been using balloons for years 


to hoist scientific instruments 
into the stratosphere. Surely, 
you have problems thai could 
be solved by this tech- 
nique.” 

Mr. Schwarzschild created 
Project Stratoscope, an effort 
to conduct astronomical ex- 
periments with balloon-borne 
telescopes in the upper 
reaches of Earth’s atmo- 
sphere. 

On Sept. 25. 1 957, his team 
launched a balloon in Min- 
neapolis. From 81,000 feet 
above the Earth it took pho- 
tographs that were described 
as the sharpest and most de- 
tailed ever taken of die sun 
and the great gas storms that 
swirl on its surface. 

Sheikh All as Sabah as 
Salim as Sabah, 49. a mem- 
ber of the Kuwaiti royal fam- 
ily. died in London on Sunday 
of a heart attack, Kuwait radio 
reported- He served as de- 
fense minister following the 
1 99 1 Gulf War and later took 
over the Interior Ministry un- 
til he was replaced in a cab- 
inet shuffle late last year. 


Tuesday 


STYLE 

From Paris to Milan, from New York 
to Tokyo, fashion editor Suzy 
Menkes covers the fashion front 
With additional reporting on 
lifestyle issues, the Style section 
provides up-to-date information on 
developments in the cha ng i n g world 
of creative design. 

Every Tuesday in the International 
Herald Tribune. 


INTERNATIONAL 



H UK «1 iQtk TUftl A*® ™t mSHflCttJR fW 

TFTE SCORLITS PAID' NEWSPAPER 



PAGE 10 


INTERNATIONAL HERALD TRIBUNE, MONDAY, APRIL 14, 1997 


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INTERNATIONAL 



In Zaire, a 3- Way Political Drama * 


By Howard W. French 

•Vptr York Times Sorter 

KINSHASA, Zaire' — With Zairian 
rebels gobbling up territory so fast that 
they now threaten to seize the capital, the 
civilian opponents of President Mobutu 
Sese Seko are stepping up their struggle 
for a place in the future political order. 

Their leader is Etienne Tshisekedi. 
who was appointed prime minister by 
Marshal Mobutu but then dismissed 
Wednesday after less than a week in 
office. His followers are now threat- 
ening to shut down Kinshasa^ the capital, 
to force Marshal Mobutu 10 resign. 

Where the leader of the rebellion, 
Laurent Kabila, relies on small arms and 
mortars to enforce his will, Mr. Tshi- 
sekedi 's backers, if they are true to their 
post, will resort to street barricades of 
nail-studded planks and burning tires. A 
warning has already gone out that “re- 
actionary dri vers will have their vehicles 
burned.” 

As Zaire barrels explosively toward a 
new chapter in its history, a potentially 
deadly struggle among three unusually 
willful men is the seeming subtext to 
everything that happens hoe these 
days. 

The leading actor, but almost cer- 
tainly not for long, is Marshal Mobutu, 
an outsized, almost mythic figure on 
the African stage whose rapidly 
shrinking domain and faltering judg- 
ment have begun to turn him, in the 
eyes of many, into a caricature of his 
once-migbty self. 

The second is Mr. Kabila, a lifelong 
revolutionary whose struggles have 
been so quixotic that his name does not 
even figure in many of the best histories 
of Zaire. But in die past six months, Mr. 
Kabila has changed that. Once dismissed 
as a roly-poly marionette of his backers 
in Rwanda and Uganda, he is now the 
deadly serious driving force in Zaire's 
shifting national equation. 


With his imperial flair intaCL Marshal 
Mobutu on Saturday dismissed Mr. Kab- 
ila’s ultimatum to negotiate his resig- 
nation by Sunday, saying that the rebel 
leader would be able lo meet him only 
"if he asks politely.** Almost forgotten 
in the discussion was the third key fig- 
ure. Mr. -Tshisekedi. whose followers, 
the president asserted, would not dare to 
come out in die streets. 

The days ahead may show Marshal 
Mobutu to be as mistaken about Mr. 
Tshisekedi as he was about die rebel- 
lion. 

Few people have been so central to 
modem Zaire as this politician who as an 
ambitious young man was an important 
architect of die Mobutu dictatorship and 
who in early middle age became its most 
daring challenger. 

Known as * ‘the Sphinx ' * because he 
keeps his own counsel and almost nev- 
er gives interviews, Mr. Tshisekedi is a 
politician with a messianic style who 
demands and largely receives unques- 
tioning support from followers who 
have placed their faith in. him as the 
man who will lead Zaire out of Mar- 
shal Mobutu 's long dictatorship. 

Now 64, Mr. Tshisekedi seems con- 
fronted with a situation in wtdeh he 
either parlays his longtime opposition to 
die president into a national leadership 
role or is swept aside. 

Wary of Mr. Tshisekedi '$ ambitions. 
Mr. Kabila has declared that opposition 
parties will have no place in a tran- 
sitional period under his rule. Marshal 
Mobutu, aware that Mr. Tshisekedi's 
best hope for power lies in removing him 
before the rebellion can do so, pree- 
mpted the opposition leader by engi- 
neering his abrupt removal from the 
prime minister’s office. 

For Mr. Tshisekedi, after two decades 
of political combat with Marshal Mo- 
butu, all of this means that the future is 
suddenly here. The clearest sign that he 
sees things exactly this way was the 


determination Mr. Tshiaeka<U stowed 
Wednesday during a march of tens or 
SSSSoi people to rhepnmermn- 
jsier's office, when Marehal Mobutu 
sent out his most loyal troops. 

While soldiers fired their guns in the 
air and beat foreign journalists and 
marchers, dispersing them ^ 
clouds of tear gas. Mr. Tshisck«h 
walked through the melee as if in an 
impregnable bubble. In the end he was 
turned around only by being lifted into a 
jeep by soldiers who spirited him^ 

aW "I couldn’t bear it anymore myself 
and had to run for shelter.** said a senior 
member of Marshal Mobutu s seernty 
detachment who helped supervise , the 
army crackdown. "The gas was falling 
all around Tshisekedi. and he kept walk, 
ing forward with his hand raised in flic 
air as if notiling was happening. The naq 

is seriously hard-headed.” \ 

Marshal Mobutu had accepted Mr, 
Tshisekedi’s nomination to be prihe 
minister in hope that his Pppwarjty 
would blunt the advance of Mr. Ka> 
ila. But by the time the tear gas hjd 
cleared, the president had named, a 
misted general as his latest prime mij- 
isier in a patently illegal move that wk 
quickly likened by many to a cotb- 
d'etat. j. 

Depending on the count it was ti 
third or fourth time Mr. Tshisekedi ha _ ^ 
been removed from the prime minister , w 
job this decade by Marshal Mobutu - ( 
who in each instance had only unwill 
ingly accepted Mr. Tshisekedi’s apj 
pointment in the first place. 

Several associates were later bough! 
off by the president but Mr. Tshiseked* 
persisted in his opposition, forming the* 
Union for Democracy and Social Fro-| 
gress when opposition parties were still i 
outlawed. He spent much of the 1 980s in ; 
prison, burnishing his reputation as an 1 
unc o mpromising opponent of the die- } 
tatorship. ! r 


INVEST: As the Stock Market Turns Down, Bulls Keep the Faith 4 - 


Continued from Page 1 

the Dow average logged an 80 
percent return. 

"The perfectly rosy pic- 
ture has a couple of stains on 
it,” said Thomas Ryan, pres- 
ident of the American Stock 
Exchange and a long-time se- 
curities trader. 

In the short run, it takes less 
to make stocks fall than it 
does to rise, according to one 
measure. Because investors 
are so afraid that stocks have 
not reached their bottom, it 
now takes $5.85 milli on 
worth of buying to move the 
Dow average up one point, 
according to Birinyi Associ- 
ates. a market research con- 
cern in Greenwich, Connecti- 
cut. It takes less than half that 
amount, just $2.27 million 
worth of selling, to move it 
down the same amount 

Still, experts caution, pan- 
ic-selling of an entire port- 
folio is rarely the best solu- 
tion. There are probably as 
many people who have sold at 
what turned out to be the bot- 
tom of a slide as those who 


bought at a peak. "If you’re 
selling now, you're selling 
too late.” said AI Jackson, 
managin g director and head 
of stock research at Credit 
Suisse First Boston in New 
York. 

What to do? Several in- 
vestment advisers suggested 
moving a portion of assets 
into short- or intermediate- 
term government bonds, ex- 
ploring international invest- 
ments and turning some 
stocks into enough cash to 
cover a few months of living 
expenses. For those who have 
cash available to invest, ad- 
visers suggest tiptoeing into 
the market over a period of 
several months rather than 
buying all at once. 

All the talk of diversifying 
sounds great, but for some 
people, it is hard to give up a 
narrowly focused investment 
strategy that has worked well 
for so many years. Mr. Fraud- 
sen’s strategy, for example, 
would give planners night- 
mares because he is totally 
exposed if stock prices con- 
tinue to fall. 


' Other people are like 
Cindy Bishop, 38, who lives 
in Fairfax with her husband 
and their -three children. A 
former -employee of Mi- 
crosoft Corp., which rewards 
employee performance with 
generous grants of company 
stock options, Ms. Bishop es- 
timates that about two-thirds 
of the family’s investment as- 
sets are in Microsoft shares. 

- "I’m emotionally attached 
to them because I worked 
there for so long.” said Ms. 
Bishop, who now works at 
Attachmate Corp. in nearby 
Alexandria. Virginia. 

Emotion aside, she also has 
a pretty rational reason for 
holding onto the shares: They 
have been a dynamite invest- 
ment. A hundred Microsoft 
shares, purchased at the be- 
ginning of the bull market in 
October 1990, would have 
cost about $6,400. Those 
shares today are worth more 
than $76,000. 

More people are finding 
themselves in Ms. Bishop’s 
situation as stock options be- 
come a more significant por- 


tion of employee compensa- 
tion. Gregory Sullivan, a ■ 
financial planner with Sulli- 
van. Biuyette, Speros & 
Blayney in McLean, Virgin- 
ia. said he had several clients 
who had concentrated hold- 
ings of their employer's 
stock. 

He urges those clients to 
sell just 10 percent of their 
holdings each year and use 
dud money to invest else- 
where. 

Mr. Sullivan explained it 
this way: Because a company 
like Microsoft has been grow- 
ing at 20 percent-plus a year, 
the value of the remaining 
stock may easily make up for 
what was sold over the course 
of a year. 

Over several years of skim- 
ming off 10 percent, clients 
can gain better balance in 
their retirement portfolios. 

"It’s like doilar-cost-aver- 
aging your way out,” he said, 
referring to an investment 
strategy of changing a pos - jfi 
ition in a stock at set intervals? 
rather than buying or selling 
all at once. 


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Working at toe heart of the ffnanda! teem responsible tor 
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Private Investor seeks 

BILINGUAL (ENGLISH-FRENCH) 
ENGLISH MOTHER TONGUE 
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for ki time position In Monaco. 

♦ Three years experience reqUred. 

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wtth the ab»ty to work Independently. 

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♦ Short hand and use of Dictaphone essential. 

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IHT, 92521 NeuUy Cedex. France. 


FindAJob,Fast! 

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SECRETARIAL POSITIONS 


bilingual 

executive secretary 


Fast growing international Company (Paris) 
seeks BILINGUAL EXECUTIVE SECRETARY. 

You will be assisting our Chief Executive 
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You already have a good experience in a 
similar position. 

English mother-tongue with fluent French. 
Discretion, autonomy, initiative, flexibility, 
reactivity are key required skills. 

Good presentation. 

Please send letter, C.V. and salary 
expectations, under ref. MA 10 to our 
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^ ngviUHiiic. 


2, me Louis David 
75116 PARIS -FRANCE 

COGEPLAi 


Executive Positions Available 


COIHBIOAL VKE PffiSDHT 
Warn engtoeemg & constructor] firm. 
U.S. hesiqiariercd. seeks Coranraal 
Vice Prostoert tor torn® Sov« Union, 
and Turidsh maria area. teSiridual » 
tend «d bntg 1M5 yaars al haw 
d od epro o rt opertero in ths ares, be 
ml acquaiffiduin energy told enegy 
saw cSerts and gomranant agancto 
m me agon. PosScn entefe eobeisatol 
trawi tram Lonto (bsh. Ateroafe tea- 

kons ootid be considered. Vary steac&ve 
Binnnsa tcn pariane. Send mteias to: 
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floor. Nm Yort. N.V. 10022. USk B 


IMtagiMiid lady, 3D4), 'KBS', Wy 
bingual Fach - EngUi to tffis daqe 
as general Manager Frarxe. Wffl be 
mpowaM B tor expansan and prafc 

Tbe canddaie mwi be a ad stow 

strong pnonaity and possesang al ffle 
recited cocyetence s. 9 b eilm to 

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advantage. Send CV 8 photo n W, 

Bib 265. F-S2S21 Nsffiy Cedar 


Executives AvaBabie 


TteteaL 10 
Spain, 21 


SENIOR MULTI-LEVEL MARKETING 
Executive tor European operation 
Top d pvtarnd American company. Send 
resume and salary history to Box 255. 
LH.T. 850 Third Avb„ 10th floor, New 
York. NX 10022. USA. 


SPAMSH CHIZH, 55. French teskfesi. 
hfcgaaL S p a ni stt ft ar d i e^ s h. 9— 
UnmiteSga Lhed: 5 yrs In Congo [Zafea). 
3 ps In i USA. 5 jrs n Laos, l yis In 
noahs in ’ 


Iran, 17 yn in 


21 yre r Franca, wotted: 18 
for uSBf#sh cos 18 yaars far 
Fresh co. 15 yean in Aircraft Matato 
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of Itattenancs and Base Manager. 21 
yre as Aircraft Correuioriad ittte- 
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PRESTIGE JEWBIER is cunendy 
lookhg far a person vrih a soid wriaig 
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Dter CV tx The Genarai Manager, 178 
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General Positions Wanted 


FRENCHMAN. 35 years old, trifingite 
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46 61 85 04 ftxffll 46 80 82 05 


BUSINESSMAN, SIXTY, irivarsitjr de- 
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looking tor am job including 
Rm and lax *322375.15.18 


Secretarial Positions Avaikdrie 


ywEDUE SSSfarAfeUCAN 
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fitetei motoer tongue sectaries. 
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MONDAY, APRIL 14, 1997 


PAGE 11 


Gingrich 
Favors Limit 
On China 

%U.S< Speaker Proposes 
Curb on Trade Status 

Bloomberg News 

■ WASHINGTON — Newt Gingrich, 
the speaker of the U.S. House of Reo- 
lesentonves, said Sunday be favored 
extending most-favored-nation trading 
sotus to Onna for just six monthsThaff 
the usual nme for an extension. 

A six-month extension would provide 

a way of putting pressure on China to 
respect the human rights -of people in 
Hong Kong when C hina takpg over the 
British colony this summer, Mr. Gin- 
grich said. “I very much favor 
something like a six-month extension,” 
he said. “There’s a technical problem 
with how the law works.’ ’ he said, but be 
said he hoped Washington could find a 
Y way to grant a six-month extension and 
1 keep monitoring the way China con- 
ducts itself in Hong Kong. 

But even a six-month extension of 
most-favored-nation status, which guar- 
antees low tariffs on Chinese goods 
entering American ports, could draw 
opposition in the U.S. Congress, Mr. 
Gingrich said, as lawmakers might re- 
fuse to approve even that measure. 

) “I think it’s going to be a very dif- 
ficult debate this s umm er, and I think 
that the jury’s out right now” on wheth- 
er a bill continuing China's most- 
favored-nation status will pass, be yri HI 
“The steps they’re taking in Hong Kong 
are very troubling.” 

Separately. the House majority leader 
®Dick Armey. Republican of Texas, said 
his decision on the most-favored-nation 
question this year would be ‘ ‘the hardest 
vote I’d ever have to make.” 

Mr. Armey agreed that recent 
Chinese actions limiting human rights 
made it difficult to support such a mea- 
sure, which he said hinged upon a bal- 
ancing of economics and human ri ghts 
, “I think the vote will be close, it 
could fail, and I'm not convinced it 
would be a bad thing if it were to fail,” 
Mr. Armey said. 

But Mr. Gingrich said he still favored 
some sort of mosr-fav ored-nation ex- 
tension for China as a means of keeping 
the world's most populous nation en- 
gaged with the United Stares. 


A Widening Gap Since AT&T began 
its three-way split just over a year ago, its main 
telephone business has stumbled. The split, 
engineered by its chief 
executive. Robert Allen, 
right, sent stock in Lucent, 
the equipment and network 
business, soaring. AT&T’s 
stock has since fallen,' white 
shares of NCR, the small 
computer unit, have languished. Here are the 
percentage changes In the stock prices of 
Lucent and AT&T (adjusted for the split). 


APRIL 4, 1996 

AT&T setts 17.6 percent 
of Lucent in the biggest 

initial public offering in 
Wall Street history. 

It raises more than 
$3 bitfion. 



OCT. 24 

Lucent reports a 25 
percent increase 
in revenues for the 
quarter ended 
September, from the 
year-esriler period. 


FEB. 20 

Lucent announces a 

total of $500 million In 

sales contracts In 
Brazil, Hong Kong and 
Indonesia. 


.,ao* 



SEPT. 24 
AT&T warns that its fourth- 1 * 
quarter earnings win tel) 
short of expectations. 


DEC. 20 

Mr. Waiter forces out Joseph P. Macchio 
as head of the consumer long-distance 
business. 

The New YorV Thnes 


Lucent: Making the Parent Feel Old 


By Seth Schiesel 

New York Tunes Service 


NEW YORK — “I think this 
breakup will go down as one of the 
great decisions in American corporate 
history.” 

That was easy enough for Henry 
Schacht to say. As chairman and chief 
executive of Lucent Technologies 
Inc., he presides over a spun-off com- 
pany that has exceeded almost every- 
body's expectations — even if the 
former parent, AT&T Carp., is suf- 
fering from a severe case of post- 
partum depression. 

It’s true rtutf, as the telecommu- 
mcations-eqiripment and network- 
bmlcBng business of AT&T, Lucent 


had the advantage of starting life as one 
of the 50 largest companies in Amer- 
ica. But even when AT&T said it was 
setting Lucent free to unlock its hidden 
value, few could have predicted just 
how much value would be found. 

When Lucent’s stock began trading 
ayear and a week ago on the Big Board, 
who would have forecast that toe value 
of each of those shares would nearly 
double — from an initial offering price 
of $27 to $50,875 as of Friday? 

Or that annual revenue would in- 
crease 11.1 percent, to $23.8 billion? 
Or that profit would rise 10.2 percent, 
to $1.1 billion? 

Life without Lucent may be much 
harder than AT&T expected when it 
decided a year and a half ago to spin it 


off. But life on its own is going very 
well for Lucent, which has emerged as 
a virtual case study of a company 
going independent at just the right 
moment — in terms of both market 
and regulatory climate — and then 
making most of toe right moves to 
exploit the resulting opportunities. 

^ ‘Staying together would have 
meant a decline m our business," Mr. 
Schacht told 2.000 stockholders in 
February, at toe company’s first an- 
nual meeting, in Secaucus. New Jer- 
sey. “The alternative has been an ex- 
plosion of growth.” 

When AT&T announced in 
September 1995 that it would split 

See LUCENT, Page 13 


Bulgaria Plans to Sell 
State Assets After Vote 

Officials Promise Rapid Privatizations 


CarpSed tnOwStafffnwn Dtqxarhts 

LONDON — Bulgarian officials 
promised to begin selling the country’s 
six stare-owned banks and several state- 
owned companies quickly after parlia- 
mentary elections next weekend. 

Bulgaria’s deputy prime minister, Al- 
exander Bozhkov, said speed was es- 
sential in implementing long-delayed 
bee-market reforms to take advantage 
of toe strong public support for the 
reformist government 

Speaking to potential investors at toe 
annual meeting of the European Bank for 
Reconstruction and Development rep- 
resentatives of Bulgaria’s interim gov- 
ernment said they expected to be re- 
turned to power with a strong majority 
and vowed to begin selling state compa- 
nies swiftly. The first priority for toe next 
Parliament and government they said, 
would be to transform Bulgaria into an 
attractive target for foreign investment 

The government’s new resolve 
comes after years of lagging behind 
countries such as Hungary, Poland and 
Russia in attracting foreign investment 
and a near-collapse of the Bulgarian 
economy last year. 

“The most important thing is to be 
quick, because we have to do this before 
we lose the support of toe people.” said 
Mr. Bozhkov. ‘ ‘If we are slow, we will 
be wiped out.” 

Last year, hundreds of thousands of 
Bulgarians took to toe streets to demand 
new elections after the value of the Bul- 
garian currency collapsed and the coun- 
try ran short of bread and other neces- 
sities. The protests forced toe Socialist 
government from power, and an interim 
government led by toe opposition was 
formed ahead of the elections scheduled 
for Saturday. 

The interim government has secured 
a $675 million loan from toe Inter- 
national Monetary Fund that was ap- 
proved by the IMF’s board Friday. 

Bulgaria also received commitments 
last week for $400 million in new fi- 
nancing from toe world’s 24 leading 
industrialized nations and is concluding 
discussions with the World Bank for an 
additional $290 million in loans. 

“We hope that this IMF agreement 
will be a very good sign for investors,” 
Mr. Bozhkov said. “In the two months 
that this caretaker government has been 


in charge, there has been a radical 
change in policy, and citizens have re- 
gained confidence in civil institutions 
for toe first time in many years.” 

The government promised the IMF it 
would quickly sell toe best state-owned 
companies and close insolvent ones. It 
also said it would set up a currency- 
board system to improve confidence in 
toe national currency and would reform 
toe banking sector. 

Opinion polls in Bulgaria showed 
that 90 percent of Bulgarians supported 
the president. 70 percent supported the 
prime minister ana 60 percent supported 
the government, Mr. Bozhkov said. 

“Looking at the polls, there isn’t a 
great chance of big surprises in next 
week’s elections.” he said. “This level 
of support is toe highest ever.” He 
warned, however, that maintaining that 
support would be more difficult as the 
government began taking painful steps 
to reform the economy. Tens of thou- 
sands of Bulgarians are likely to lose 
their jobs as toe government closes un- 
profitable state-owned companies. 

(Bloomberg. Reuters ) 


Kiev Aims 
To Stabilize 
Its Currency 

Bloomberg News " 

LONDON — Ukraine is con- 
sidering a move to a currency 
board, a system promoted by the 
International Monetary Fund, to 
build confidence in the country’s 
new currency, the hryvnia. 

Ukraine’s finance minister, Ig- 
or Mityukov, said Saturday that 
the government and central bank 
might narrow to 10 percent toe 
band within which the hryvnia is 
allowed to fluctuate each day. 

“I would like to see a smaller 
currency corridor.’ ’ be said. ” I would 
prefer plus or minus 5 percent.” 

The move would tie the ex- 
change rate to the country’s level 
of foreign-currency reserves. 


With a Strong Dollar Needed to Curb Inflation, U.S. Is Unlikely to Try to Slow It 


By Carl Gewirtz 

International Herald Tribune 

PARIS — The dollar has many rea- 
sons to rise against other major cur- 
rencies — solid U.S. fundamentals such 
^as a robust economy with little inflation, 
•an ahsence of competition from a yen 
paying close to zero interest and a 
Deutsche mark programmed far extinc- 


tion. But tire simplest explanation for 
toe dollar's strength is perhaps toe most 
convincing: The United States needs a 
strong currency. 

That is the conclusion of analysts; 
and toe logical follow-up to toat as- 
sessment is the conviction that the 
United States is not about to intervene to 
try to halt the dollar’s advance. 

The dollar hit a 55-month high last 


week of 127.17 yen before ending toe 
week at 126. 12 yen. It also touched a 37- 
month high of 1.7260 DM before clos- 
ing at 1.7205 DM. 

Although Japan may back official 
hints that it wants to bolster toe yen by 
intervening to fry to halt toe dollar's 
advance in Tokyo, analysts expect no 
lasting effect from that effort so long as 
die United States does not participate in 


the intervention and so long as Japan is 
not prepared to back intervention with a 
tighter monetary policy — a move cur- 
rently deemed unlikely for domestic 
economic reasons. 

A strong dollar also suits Germany, 
which has been silent about the dollar’s 
rise, as toe U.S. currency’s strength 
increases toe competitiveness of Ger- 
many’s exports just when toe country 


needs faster growth to cut unemploy- 
ment and improve its chances of meet- 
ing the economic criteria for launching 
Europe’s planned single currency. 

But the most important reason for ex- 
pecting further dollar gains is Washing- 
ton’s need for a strong currency, a point 
that the U.S. Treasury secretary, Robert 
Rubin, reiterates at every opportunity. 

The motivating factor is a desire to 


keep domestic inflation contained. A 
strong dollar is a natural brake on 
growth, as it makes U.S. goods less 
competitive on international markets — 
slowing domestic production — and 
tends to make imports less expensive 
and thus more in demand. 

Keeping a lid on inflation has become 

SeeDOLLAR, Page 15 


CYBERSCAPE 


Web Product Aims to Trim the World Wide Wait 


By Mitchell Martin 

I ru emotional Herald Tribune 

N ew york — 

While disgruntled 
computer users call 
it the World Wide 
Wait, companies are frying to 
figure out ways to speed up 
toe Internet before its pop- 
%iiarity proves to be its un- 
doing. 

Inktomi Corp., which 
makes the software for one of 
the free search engines used 
to track down documents on 
the World Wide Web portion 
of the Internet, is to announce 
a product Monday that it 
hopes will speed up commu- 
nications for far less than it 
would cost to upgrade and 


add phone lines. If it works, 
and analysts who had beat 
briefed ou tire new software 
said they thought it was likely 
to do so, it woaid especially 
benefit usees outside the 
United States, where tele- 
communications networks 
tend offer less capacity than 
in America. 

The Traffic Server net- 
work-caching technology is 
Inktomi’ s second product, us- 
ing an approach similar to that 
of the Hot Bot search engine, 
which is marketed by Wired 
magazine and will be a year 
old next month. 

Hot Bot has only managed 
to garner about 4 percent of 
the search-engine market, 
Inktomi executives said, even 


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though they contended it was 
betterthan its rivals because it 
more documents 
and was more frequently up- 
dated. They acknowledged 
that Yahoo Inc.’s search en- 
gine was toe leader in the field 
with about 20 percent of the 
market, often die first stop for 
web surfers and thus of in- 
terest to advertisers. 

Carl Howe, director of net- 
work strategies of Forrester 
Research in Cambridge, Mas- 
sachusetts, said Inktomi had* 
good technology but was 
“late to market” with its 
search engine. 

That is an error that will not 
be repeated in this new field, 
analysts said, as there is no 
visible competition. David 
Peterschmidt, Inktomi 's pres- 
ident and chief executive, 
said be “lay awake at night” 
wondering why. 

Perhaps the answer is that 
Inktomi’s new product is a 
refinement of toe existing 
proxy-server technology. 
Proxy servers are computers 
that store often-requested in- 
formation, such as web pages, 
dose to users. Hus storage is 
called caching, and a similar 
technique is used to enhance 
performance on desktop com- 
puters. 

Richard Pierce, Inktomi’s 
vice president of marketing, 
likened the basic Internet 
technology to a society that 
had bodes and photocopying 
machines but lacked printing. 
Authors would have to de- 
posit their books in local li- 
braries, and anybody wishing 
to read their works would 
have to travel to them, where 
could be made and 
cen home. 

For books to be distributed 
efficiently, they have to be 
copied many times and sent to 
libraries and bookstores. 
Proxy servers, currently used 
by Internet service providers 
such as America Online and 


by some countries that seek to 
limit access to controversial 
materials, essentially provide 
this service by copying web 
pages that are requested by 
their customers and storing 
them on their computers. The 
next time a page is requested 
by any of the service’s users, 
toe information can be down- 
loaded from the proxy server 
rather than having to travel an 
the way from the originating 
computer. 

A problem with proxy 
servers is that each com pater 
can only store a limited 
amount of information, but 
Inktomi ’s technology 

provides a solution. As with 
Hot Bot, Inktomi uses com- 
mercially available computer 
workstations to provide toe 
computing power. The com- 
puters work in tandem in an 
approach called parallel pro- 
cessing. 

Incremental increases in 
the size of a system are there- 
fore possible at minimal cost, 
compared with the purchase 
of mainframe systems. For 
the Traffic Servers, Sun Mi- 
crosystem Inc. workstations 
are used, along with Sun’s 
Solaris operating system. 

Mr. Pierce said it would 
cost roughly $5 to $10 per 
user to install hardware and 
software for Inktomi 's 
Traffic Servers. An Internet 
service provider, toe kind of 
company toat lets people 
hook up to the web from their 
borne computers, might need 
to buy four workstations at a 
total cost of $40,000 to 
$60,000, with the software 
ig a similar price, 
are minimal prices 
for corporations and Internet 
service providers, analysts 
said, compared with the costs 
of accessing the high-speed 
data lines that form the back- 
bone of the Information Su- 
perhighway. If enough proxy 
servers are put into operation. 


Internet traffic will be re- 
duced, lessening toe strains 
that provoke annoying waits 
for web surfers. 

“This is something that I 
hear about all the time,” said 
Dan Taylor, senior analyst at 
Aberdeen Group in Boston. 
* ‘How can we keep our back- 
bone access as low as pos- 
sible?” 

Because many Internet ser- 
vice providers compete on toe 
basis of price, be said, toe 
ability to cut costs by redu- 
cing communications charges 
is attractive. Corporations 
that run large intranets or that 
access the Internet from mul- 
tiple sites also would benefit. 
“Storage,” he said, is “less 
than backbone costs.” For the 
initial commercial trials, Mr. 
Pierce said. UUNET Tech- 
nologies Inc., an international 
Internet access provider, has 
“committed” to installing a 
Traffic Server at two of its 
large communications nodes, 
one of which will be in Vi- 
enna, Virginia. 

Besides announcing its 
product Inktomi said it had 
received an $8 million invest- 
ment from Oak Investment 
Partners, a venture-capital 
provider. Mr. Pierce said the 
company felt ihe stock mar- 
ket has “soured on technol- 
ogy-only stories,” so Inktomi 
had avoided the public mar- 
ket It was also taking respon- 
sibility for marketing the 
technology, unlike its search 
engine, which is licensed to 
partners such as Wired. Nip- 
pon Telegraph & Telephone 
Corp. and OzEmail Ltd. 

Inktomi is planning other 
products to come to market in 
toe next two years, the com- 
pany’s executives said. Mr. 
Pierce said they would prob- 
ably be based around ’’large 
numbers of documents and 
large numbers of users.' ’ 
Internet address: 

CyberScape@iht.com 


Cindy 

Crawford’s choice 



CansteilatHHi 
OMfCA - Swiss rpade since <3*8. 


o 

OMEGA 


The sign of excellence 




-•.is# Vi-ii 


PAGE 12 


ENTEKIVATI0N.4L HERALD TRIBUNE, MONDAY, APRIL 14, 1997 


III 


CAPITAL MARKETS ON MONDAY 


Won-Denominated Issues Could Help Feed the Hunger for Higher Yields 


i- 


By Carl Gewirtz 

International Herald Tnbtine 


PARIS — With the formerly high- 
yielding European currencies paying 
much less than they used to. and with 
investor appetite for high yields as avid 
as ever, a new high-yielding currency is 
making its debut on international capital 
markets: the South Korean won. 

The tinting of two won issues by the 
World Bank and the European Bank for 
Reconstruction and Development may 
be (ess than auspicious, however, with 
South Korea racked by political and fi- 
nancial scandals and with the continuing 
uncertainty about developments in North 
Korea. But South Korea has the cachet of 
being the only Asian “dger" economy 
to belong to the Organization for Eco- 
nomic Cooperation and Development, 
and analysts at firms such as ING Bar- 
ings are confident that the country is on 


its way to a solid financial recovery. 

Nevertheless, for the year so far. the 
won is down 5.8 percent against the 
dollar. On Friday, the dollar was quoted 
at 892.70 won/This compares with a 
rate of around 800 won to the dollar in 
the middle of this decade and 683 won to 
the dollar at the beginning of the 1990s 
and makes it risky to bet that the 9.8 
percent interest to.be paid on the five- 
year won bonds will fully compensate 
for the currency risk. 

ING Barings, however, is forecasting 
the dollar will be worth 860 won by 
year's end. and both the World Bank 
and the European development bank 
said there was demand for the currency, 
particularly among portfolio managers 
in East Asia. 

The issues mark a new opening in 
South Korean financial markets, giving 
foreign investors their first chance to 
purchase fixed-income won securities. 


But although both principal and interest 
are denominated in won. all payments 
will be made in dollars at the exchange 
rate prevailing on payment dates. 

Moreover, only a quarter of these is- 
sues will be available for sale outside 
Korea. Each of die issues will be for the 
equivalent of SI 00 million. For the World 
Bank, which issued its notes last week. 


the portion available for sale outside 
Korea was 23-5 billion won (S26 3 mil- 


lion). The EBRD is expected to announce 
details of its issue early this week. 

The domestic paper.’ while carrying the 
identical coupon, will be sold at a dis- 
count to yield of around 1 1 .5 percent so 
that it will compare favorably with do- 
mestic vield levels. The issues are ex- 


Most Active International Bonds 


The 250 most active International bonds traded 
through the Euroctear system tor the week end- 
ing April 11 . Prices supplied by Tetekurs. 


Rnk Nome Cpn Maturity Pries Yield Rnk Mane Cpn Maturity Price Yield 


Cpn Maturity Pries Yield 


Canadian Dollar 


183 Canada 
229 Canada 


7 09/01/01 103-3700 6.7700 

6 1 * 09/1 S/98 102.0129 6.1300 


Danish Krone 


4 Denmark 
20 Denmark 
25 Denmark 

27 Denmark 

28 Denmark 
30 Denmark 
33 Denmark 
4l Denmark 
46 Denmark 
66 Denmark 

72 Real Kredll Den 
B6 Nykredlt 3 Cs 
113 Denmark 
120 Denmark 
138 Nykredtf Bank 
141 Unikredlt 

220 Denmark 

221 Nykredit 


109.0000 
107.0900 
101.0500 
112.8800 
110.4900 
1104300 
10X2000 
916500 
103.7500 
102.1500 
87.3000 
87.2500 

102.9300 

98.6000 

94X500 

87.0500 

101.0000 
93.1800 


1 1 1 Germany 

118 Germany 

119 Germany 
121 Germany 

129 Germany 

130 Germany 

133 Germany 

134 Germany 
136 Germany 
139 Germany 
150 Germany 
15? Germany 
155CapCred C96a 
156 Germany 

162 Germany 

163 KFW 
165 Treu hand 
171 Treuhand 
179 Germany 
194 Bundespasi 
200 Germany 
202 Germany 
210 Germany 
216Rabobk Neth 
225 Germany 
232 World Bank 
234 Ba Credit Card 
235 Germany 

244 Hypo In Essen 


8'/i 08/21/00 
6M 05/20/98 


6 09/15/03 
6\1 01/02/99 

6 02/70/98 

7 12/22/97 
SU 10/70/98 
8b 07/20/00 

7 04/2099 
6*4 06/21/99 
r« 10/20/97 
6VD 01/20/98 
5 VS 0B/15/01 
TV, 01/20/00 
71-5 1 0/2097 
516 03/12/07 

5 12/17/98 

7 11/2599 

5*4 08/2097 
7** 10/01/04 
6*« 02/2098 
6*R 01/2098 
6*4 08/2098 
4'4 12/20/01 
S'm 02 9598 
7W 04/12/05 

6 11/15/05 
3.05000406/00 

5 01/05/00 


112.9200 

103.1800 

103.9650 

1044800 

1023006 

102X900 

1024734 

113.4880 

1063733 

106.1900 

1024)000 

102X800 

1023975 

108X200 

1023182 

953500 

1023400 

1073600 

1003500 

112-3800 

102x000 

1023860 

1043200 

993500 

101-6000 

1083500 

101.6469 

993600 

1023200 


Portuguese Escudo 


166 Portugal 


7>n 10/0197 100.1500 zero 


99 EBRD 
242 World Bank 


zero 0407,17 6.8471 143400 

zero 0401/22 33000 13.9800 


Swedish Krona 


88 Sweden 
154 Sweden 
161 Sweden 1036 
211 Sweden 
21 3 Sweden 


11 01/2199 110.0960 9.9900 
10*4 05/05,03 11X4390 '8.6500 
10'j 05/0590 11X1690 9.0600 
13 06/1591 125.6010 103500 
9 04/2099 11X7940 7.9800 


U.S. Dollar 


3 Brazil Cop S.L 4*S 0415/14 803089 53100 
7 Argentina par L 5u 03/31/23 61.3287 8-5600 
13 Argentina FRAIL 6*S 0379/05 89.6X0 7 £300 


Dutch Guilder 


19 Argentina 
23 Mexico 
32 Brazil L 
36 Ven S. Ol Sn 
38 Brazil 
56 Brazil S.L 


lit* 01,3*17 10X9092114)500 
11*} 05*15/26 10X613611.1000 
6'a 04/15/06 89.3438 73800 


6'~ 12/1*07 85.6300 zero 
6<6 01/01/01 97.9750 63300 
6*» 0415-12 793413 83700 


Deutsche Mark 


1 Germany 

2 Germany 

5 Germany 

6 Germany 
8 Germany 
s Germany 

10 Germany 

11 Germany en 

12 Germany 

14 Germany 

15 Germany 

16 Germany 

17 Germany 

18 Germany 

21 Treuhand 

22 Treuhand 
24 Treuhand 
26 Treuhand 
29 Germany 
31 Treuhand 

34 Germany 

35 Germany 
37 Treuhand 

39 Germany 

40 Germany 

42 Germany 

43 Treuhond 

44 Germany 

45 Germany 

48 Germany 

49 Germany 

50 Germany 

51 Treuhand 

52 Treuhand 

53 Treuhand 

54 Germany 

55 Treuhand 

57 Germany 

58 Germany 

60 Germany 

61 G ermany 

63 Germany 

64 Treuhand 
67 Germany 
71 Germany 
73 Treuhand 
76 Germany 

79 Germany 

80 Treuhand 
S2 Germany 

83 Germany 

84 Germany 

85 Germany 
87 Germany 

89 Treunond 

90 EIB 

91 Germany 

93 Treuhand 

94 Germany 

96 Germany 

97 Germany 
100 Germany 

104 Treuhand 

105 Germany 

106 Germany 


6 01/0407 
4*1 11/20/01 
6'/, 0426/06 
8 01/21/02 
6*t 05/12/05 
7t* 01/03/05 

5 08/2001 
3*4 03/19/99 

6 01/0506 
8U 09/2001 
6to 10/1405 

8 07/22/02 

5 05/21/01 
6*4 01/0424 
7V: 09,09/04 
73* 120202 
6*1 07/01/79 
Ab 05/1304 

6 02/1606 
TU 100102 
SU 02/2101 
3V6 12/1808 
6** 07/09/03 

9 10/2000 
6 Vs 03/1500 
3’* 09/1 8/9B 
7Vk 01/2903 
5Vj 11/2100 
5?> t 051500 
5*4 08/2200 
8?* 12/2000 
B l 5 02/2001 
6ki 030404 

06/1103 
5*« 04/29/99 
6 042203 

6’* 042303 
7*7 11.1104 
9 01/2201 
8** 08/2001 
6* 07/15/04 
6 06/20/16 

6 11/1203 

7 01/1300 
6*6 07/1503 
6 1 * 07/29*99 
7Vk 12/2002 
61% 1202/98 
6k. 03/26/98 

02/22/99 
7*A 10/21/02 
Ska 11/20/97 
6** 09/15/99 
8*6 05/2101 
5 01/1499 
5*4 02/1507 
7*» 02*2100 
5*» 09/2498 
6'* 05/2009 
6 t, 8 02/24/99 
5*4 05*28/99 
8*4 05/2200 
«VH 0675/98 
5*4 0a*2008 
8’i 07.71/97 


100.1872 

10X0643 

10X6971 

11X1200 

106.3125 

110.7694 

101X700 

100.1900 

1017100 

11X8100 

104.7300 

1116900 

101.9100 
943800 

1117940 

1107244 

105.4300 

107.1350 

1017180 

1127587 

10X8000 

99.9100 
106.B450 
114.8300 
106.4450 
1000033 
1097100 
10X5500 
104.9250 
1047200 
1147000 
11X8550 
104X600 
108.1800 
10X9800 
107.6775 
1067525 
110.8726 
115X150 
115*400 
107.1700 
94X263 

103X637 

107.6555 

105.9274 

1057200 

1097061 

1051500 

10X5700 

1011033 

1107600 

101.1500 

106.6900 

11X8967 

10X3200 

98.0539 

109.B100 

102.9400 

104.7900 

10X6933 

1047750 

11X1667 

10X2195 

10X9800 

101.3200 


47 Netherlands 
65 Netherlands 
68 Netherlands 
77 Netherlands 
95 Netherlands 
101 Netherlands 
108 Netherlands 
114 Netherlands 
125 Netherlands 
135 Netherlands 
149 Netherlands 
159 Netherlands 
167 Netherlands 
169 Netherlands 
172 Netherlands 
1 76 Netherlands 
187 Netherlands 
189 Netherlands 
195 Netherlands 
218 Netherlands 

222 Netherlands 

223 Netherlands 
233 Netherlands 
243 Netherlands 
245 Netherlands 


5** 02/15/07 
8fe 0X15/01 
6U 07/15/98 

6 01/15/06 
9 01/15/01 

B*> 05/07/00 
7Vi 06/15/99 
7*i 01/15/23 
8*4 09.15/01 
7*1 0415/10 
81*) 06/01/06 

7 061 5/05 
8'* 0215/02 
5** 0115/04 
6W 1115/05 
7*4 03/01/05 
66s 0415/03 
7** 0)15/00 
Bfe 0215/00 
8ki 0615/02 
5** 0915/02 
8U 0915/07 
6*4 10/01/98 
Vu. 1Q/01/04 

7 02/1503 


99X000 

11X70 

10X2200 

101.9000 

11X1500 

11X6500 

107.4500 

1117400 

115fc 

11X0800 

1197000 

106.7000 

1147500 

10X0000 

1067500 

1T3V4 

1067000 

1097500 

110*4 

1147000 

10X3500 

1187500 

1047300 

now 

1097500 


59 Venezuela par A 03/31, *20 69.9688 97500 

62 Brazil 5.Z1 6>; 041 5*24 6X0313 8.1200 

69 Mexico par A A*. 1X3219 70.0625 8.9200 

70 Bulgaria 6** 07/2811 577113117900 

74 Mexico par B 6 >-j 12/3119 7X0625 8.92 DO 

75 Brazil par Z1 5 0415/24 6X0000 87600 

78 Ecuador 3L 02/2X15 557X30 57500 

81 Mexico 7*n 07*0601 101.2500 77300 

92 Bulgaria 6^ 07/27*24 60.4388 107600 

102 Brazil Chord S.L 4'i 041514 B6.9449 5.1800 

1 03 Can Mortgage & 7 04*10/02 10X0923 69900 


74 Mexico par B 

75 Brazil par ZJ 
78 Ecuador 

81 Mexico 
92 Bulgaria 


109 Argentina L 

110 Argentina 
112 Brazil S.L 
115Merdco 

116 Ecuador par 

11 7 Argentina 
124 Mexico 


6* 0331/23 79.7188 8.0000 
11 10*09/06 1047203 107400 
6*14 041X09 84.2813 7.7900 
lit* 091516 10X6231 1X9800 
3 02/28/25 407500 zero 
5 in 04/01/01 1277000 zero 
9k* 01.15/07 1047750 9.4200 


1 26 Argentina Pred 54 09/01/02 17170 89.9300 


127 Brit Gas Intern zero 11/0421 

1 28 Mexico D 6751612/2819 

1 31 Mexico A 64531 1 2/31/19 

132 Poland 6*.k 10/27/24 

137 Bulgaria 2'* 07/2712 

140 Canada 614 0X3001 

142 Venezuela 54 6Xi 031807 

147 Canada (*> 08/7706 


6751612*2819 87.3206 77700 
64531 12/3119 877000 7.4200 


6 *.k 10/27/24 97.4439 66700 
2* a 07/2812 44.9375 X0100 
6*. 5 05*30,01 987750 65700 
6*4 0318*07 877625 7.7500 
6*4 08/28/06 977092 67200 


98 France OAT 
107 France OAT 
122UKT-nole 
123 France OAT 

144 Italy 

145 France OAT 
157 Britain 

184 France OAT 

192 France B.TJLN. 

193 France OAT 


7 04/2X06 
6 04/25*04 

5 01/26199 
TV; 04/2505 

6 04/02/04 
5VS 04/2507 
9H 0321/01 
816 031502 
6 031601 


8W 04/25/22 


1057000 

1007000 

100.9567 

1097000 

99.7500 

94.4320 

1(61500 

11X6600 

10X5400 

1157867 


148 Venezuela par 8 6*6 <0*31/20 69.9375 97500 

152 World Bank 7* 0119/23 10X4681 7.4400 

153 Ecuador 6*i» 02/23*25 647125 9.9300 

160 Brazil Fed B'a 11/05,01 99.7740 8.9000 

164 Russian Fed 9'6 11,77/01 98.1339 9.4300 

168 MBL Inti Hn 3 11/3072 977500 37800 

174 Sweden 5.386702/08/01 99.9700 57900 


Finnish Markka 


158 Finland sr 1999 ll 0115/99 111.961 97200 


175 Italy 
177 Italy B 
178BcoCom Ext. 
180 World Bank 
182 Britain 
185 Italy 
188 Poland 
190 CAD Soc 
196IADB 

197 World Bank 

198 Mexico B 

199 Sweden 
201 Panama pdi 
203 Poland par 


7 0917*01 100-1980 69900 
zero 0110/01 77.5000 7.0200 
7l« 02/02/04 9X8750 77100 
6*6 08/21/06 97.1429 68200 
5*»„ 17*04,01 997700 5-5700 
6*« 09/27/23 90-4068 7.6000 
4 10/271 4 79.7813 5.0100 
so* 121001 997900 zero 
6*-s 03*07/07 965000 67700 
6*k 1} 7/21/05 95.9241 66500 
6** 12/3119 877719 72500 
615 03*04/03 98X500 66200 
4 071716 807000 4.9700 
3 10/27/24 53.4688 X6100 


French Franc 


204 Credit Lyonnais 6 s i 12*31/99 987000 67300 


1j 3 France OAT 
173 France OAT 
181 Portugal 
191 France OAT 
250 France BTAN 


7b 04/25*06 111X100 65200 
8*1 10/25*08 1217600 7.0000 
5 VS 04/03/07 977000 67700 
8W 05/25/99 1087800 7.4800 
4*6 0412/99 101.9500 4.6600 


205 Quebec 7 01/30/07 963787 72600 

207 Argentina BH 12*20/03 98.1526 87300 

209 Italy S' - ** 061280)1 100.1100 zero 

212 investeringsbkN.VA'M 1229/00 98.1250 63700 

214 FerrO Stoto 9'» 07/06/00 113*« 8.0200 

215 World Bank 7** 09/27/99 101.4042 7.0300 

2U Mexico 9*4 02AXJ01 1047750 9J400 


Japanese Yen 


146 Spain 
170 World Bank 
186 World Bank 


1)00009/2<V06 1066250 19300 
4'A 062000 HOW 47700 


4'-‘ 03/2003 


206 ExImBk Japan 4*» 1001/03 


203 World Bank 
236 Italy Class B 


4U* 72/20/04 
5 1215/04 


115b 3.9000 
114*-* 18100 
118*4 4X000 
119*41 4.1900 


Norwegian Krona 


226 Noway 


6b 0115/07 103.9200 65000 


215 World Bank 
21 7 Mexico 
219 Sallle Mae 
224 Nigeria 

227 Britain 

228 Peru Pdi 

230 Ontario 

231 Mexico C 

237 Tokyo Elec Pwr 

238 CAD Soc 

239 First Pac Cap 97 

240 Panama 
2J1 Finland 

246 Sears Roe Acc 

247 Ontario 

248 Ontario 
249 IADB 


4 : ; 08,02,99 957750 4.7200 
6b 1115/20 63.0625 9.9100 
6*j 07,10/01 100.3850 67200 
4 030717 56.6250 7.0600 

6 02,21/06 91.6746 65400 
6i» 12/3119 877299 7.2600 

7 021107 97.9748 7.1400 
6'i 0X11/02 987000 66300 
7 0X27.02 99.7500 zero 


6-54690510.02 8X5054 7.8400 
S’» 022706 91.6250 64100 


6>j 022X02 977500 68100 
7*. 0604.02 102.8750 77300 
6' i 06-2800 98.1250 62400 
6-r 03 0X06 93.6250 65400 


The Week Ahead: World Economic Calendar, April 14-18 


A scfiaduts of rtvs ruaoli's economic and financial events, comptea tor me IntomaaanaJ Herald TtiOorw By Bloomberg Buoaeaa Ne t»s 


Asia-Pacific 


Expected Melbourne: Australian Petroleum 
This Week Production & Exploration Associa- 
tion Ltd.'s annual conference. Until 
Wednesday. 


Europe 

Wiesbaden: March wholesale 
prices may be released. 

Earnings expected: Caisse des De- 
pots & Consignations, Compass 
Group PLC, Holdertoank Financiere 
Glares AG. LucasVarity PLC, N. 
Brown Group, Olivetti SpA, Roche 
Holding AG. VEBA Oel AG. 


Americas 


Washington: Economic Strategy in- 
stitute Trade Policy Conference, “A 
Bridge to the Global Economy." 
Speakers and panelists include Al- 
ice Rivlin, deputy chairman of the 
Federal Reserve Board. Wednes- 
day and Thursday. 


Monday 
April 14 


Melbourne: Committee for the Eco- 
nomic Development of Australia to 
hold seminar on the Wallis inquiry 
into the financial system. 

Tokyo: Economic Planning Agency 
releases economic trends by region 
for April. 


London: March producer prices. 
Oslo: March trade balance. 

Rome: Final fourth-quarter gross do- 
mestic product 

Voorburg, Netherlands: Central 
Bureau of Statistics releases Febru- 
ary industrial sales. 


Washington: Federal Reserve 
Bank of Atlanta releases monthly 
national production index for March; 
U.S. Agriculture Department releas- 
es its weekly report on planting pro- 
gress for seven crops. 


Tuesday 
April 15 


Sydney: Australia Business Econ- 
omists to hear an address on the 
Wallis report's recommendations by 
Jeffrey Carmichael. Australia Com- 
petition and Consumer Commission 
to respond to the recommendations. 


Bern: Producer and import prices 
for March. 

Helsinki: February industrial output 
data and March consumer prices. 
Stockholm: March CPI figures; Fi- 
nance Ministry presents 1998 bud- 
get proposal. 


Washington: Labor Department re- 
ports consumer price index for 
March; Commerce Department re- 
ports February business inventories 
and sales. Labor Department re- 
ports March real eamings. 


Wednesday Wellington: Consumer price index 
April 16 lor first quarter, retail sales for 

February, food prices for March; Re- 
serve Bank releases its measure of 
core or underlying inflation in the 
first quarter. 


Copenhagen: February housing 
starts; March new car sales. 
London: March unemployment 
claims, February undertying average 
eamings and manufacturing unit 
wage costs; March public-sector 
borrowing requirement 


Washington: Commerce Depart- 
ment reports March housing starts; 
industrial production and capacity uti- 
lization for March; Mortgage 
Bankers Association of America re- 
leases its weekly mortgage appli- 
cations. 


portedly at a cost of around 50 basis 
points, or half a percentage point, below 
the London interbank offered race. 

Although there is no exact way to 
measure just how hungry investors are 
for high yield and high risk, J.P. Morgan 
& Co. is launching a Global Risk Ap- 
petite Index to try to provide just such a 
measurement for bond and currency 
markets. 

Avinash Peisaud, die analyst at Mor- 
gan who devised the index based on the 
performance of bond and currency prices 
in 14 markets, said that in periods of low 


Telecom PLC, which traders said had 
been well received, the bulk of new 
issues were relatively small, driven by 
attractive swap rates and aimed at retail 
investors eager to own dollars- Dealers 
reported particular enthusiasm for Cred- 
it Local de France SA's $200 million 
issue, die first five-year paper to cany a 
7 percent coupon in almost two years. 
The term is actually 5.6 years, as the 
paper mamres in December. 

■ Russia Plans Eurobond Issne 


appetite for risk, high-yielding and less 
liquid markets tend to underperform. 
The index’s readings will run from plus 
l. signifying a maximum appetite for 
risk, to minus 1. At week’ send, the index 
stood at a high level of plus 0.745. up 
from plus 0.15 early in the week. 

Apart from last week’s huge $1 bil- 
lion issue of five-year notes from British 


peered to set benchmarks against which 
South Korean companies will be able to 


South Korean companies will be able to 
sell debt internationally. Both the World 
Bank and the EBRD will swap their 
exposure to floating-rale dollars, re- 


Thursday 

April 17 


Tokyo: Bank of Japan releases mon- 
ey supply data for March. 
Wellington: New Zealand releases 
balance of payments for the Oc- 
tober-December quarter. 


Copenhagen: April consumer con- 
fidence. 

Frankfurt: Bundesbank policy-mak- 
ing council meets. 

London: March retail price index. 
Voorburg, Netherlands: First-quar- 
ter unemployment figures. 


Washington: Commerce Depart- 
ment reports on February merchan- 
dise trade balance; Labor Depart- 
ment reports initial weekly state un- 
employment insurance claims. 


Friday 
April 18 


Wellington: Final figures on build- 
ing permits in February and tourism 
in March; preliminary figures on 
March housing permits. 


Budapest: January current-account 
figures. 

Frankfurt The Bundesbank may re- 
lease March M3 money supply. 
London: Provisional estimates of 
M4 money supply and counterparts. 
March motor vehicle production. 


Ann Arbor, Michigan: University of 
Michigan releases its index of con- 
sumer sentiment for April. 
Washington: Federal Reserve Sys- 
tem releases its weekly report an 
commercial and industrial loans at 
U.S. commercial banks. 


Russian officials said Sunday that 
Moscow might cap the Eurobond markets 
for further large amounts this year to help 
finance its budget deficit, Bloomberg 
News reported from London. 

Addressing foreign investors attend- 
ing the annual meeting of the EBRD. 
Andrei Vavilov, first deputy minister at 
the Ministry of Finance, said Russia 
would finance $9.7 billion of its foreign- 


currency requirements through 

L will as through loans from 
institutions such as the mreraawnal 
Monetary Fund and other governments- 
jjfrvavilov indicated he expected 
Russia’s rating to be raised “in econ- 
omy improved. Foreign ^vestment he 
said, was “essential for financial re- 
structuring/’ Officials in Ukraine and 
Uzbekistan also have said they plan to 
tap the Eurobond market sometime in 
the coming months. 

Officials of the European develop- 
ment bank said the large audiences at- 
tending its meetings pointed to mount-* 1 
ing interest in Russia among investors 
who previously focused on investment 
opportunities in Central European 
countries such as Poland. Hungary and 
the Czech Republic. 

Russia recently launched a seven-y ear, 

2 billion Deutsche mark (SI. 16 billion) 
Eurobond with a coupon of 9 percent. 




-tr r.v; . 

■f*! 


* 

- •>: rW* ^ 


|£Vf : "! Hin 


Bond Buyers: Shaken but Not Deterred 


By Floyd Norris 

Alw York Times Service 


The buyer of a bond option wants volat- 


NEW YORK — The bond market 
quaked last week as the latest inflation 
figure came in a bit higher than ex- 
pected. But investors and speculators 
seem certain that nothing really major is 
going to happen in the bond market. 

Their certainty, or complacency, is 
shown by the low prices investors are 
pay ing for bond options. Not since 1993 
have the premiums been so low. 

“People are saying the bond market 


ility in bond prices and interest rates. 

But the prices now being paid for 
bonds imply a forecast of quite low 
volatility, and that, in rum, shows a lot 
of complacency. 

It is not that rising rates would be a 
surprise: The Federal Reserve Board 


US. CREDIT MARKETS 


is never going to have a big move 
again,” Harley Bassman. a Merrill 


Lynch managing director who trades 
such options, said. 

Buying options is a way to bet that 
interest rates will rise, or fall, signif- 
icantly over the life of the option. The 
buyer pays a premium, which vanishes 
if interest rates do not move enough. 


poshed up short-term interest rates last 
month and is expected to do so once or 
twice more. 

But the Fed chairman. Alan Green- 
span. spent weeks telegraphing that 
move, and it is assumed he will always 
be so accommodating. The general be- 
lief is that die yield on the benchmark 
30-year Treasury bond, now 7.16 per- 
cent, will not rise much more, or at least 
will do so only slowly. 

It also remains clear that U.S. bond 


investors do not yet fear inflation. That 
was illustrated last week by the second 
Treasury auction of inflation-indexed 
bonds, which attracted fewer bids from 
investors than did the first one three 
months earlier. ^ 

Some investors even say rates will 
decline, pointing to a general absence of 
real signs of inflation. They say Friday’s 
producer price report, showing an uptick 
m the core inflation rate, reflected higher 
prices for airplanes and tobacco and 
meant little for the overall economy. 

But they. too. say any change in in- 
terest rates will be gradual In fact, bond 
bulls and bears are united in expecting a 
slow pace of change. 

The risk for investors lies in what will 
happen if that expectation proves to be 
wrong. That's what happened the last 
time options premiums were this low, 
when an unexpected Fed tightening 
roiled the market and caused big losses. . 

fh 


New International Bend Issues 


Compiled by Charlotte Sector 


Amount 

(mBfians) 


Coup. Price 

Mat. % Price end 
week 


Floating Rate Notes 

Asia Pulp & Paper 


Bank of China 


KFW International Finance DM500 


Halifax Building 


2002 4'A 100.00 

2004 % 99M 

2007 0.81 100.00 
2012 0J5 99. B0 


Ov«r tt» 6-manfh Libor. NonaaBabta. (Peregrine Fted income.) 

Om B»6-monIt»Ubor.CaiW>teat par from 3002. Fees 035%. Starter UfflT 


— Over Itm rexl 0-roar lnd«.Noncoflabla.FBes 620%. (CornmenbankJ 


Over the 3-aMrth Ubar at par bom 2007 when Merer Is X over tie 3-month Libor, rises 
035%. Dcnamfeialton£1<V000. £S8CWbrt>or») 


Korea Development Bank 


2000 0.125 99.951 — 


Owritjes-monlti Ubar. NoncaUabta.PwsaJStb. Denombmlton* £10800. (Baitiays deZaeta 
WeddJ 


ITL 500,000 2002 OJO 100.00 — 0*^me3^nonta LJbor.Caflobfc ot par In 2D«> oral ZXH. Fees 030%. ICredllo Italia naJ 


Fixed-Coupons 

Asset Backed Capital 


Bank Itau 


Bank Nederlandse 
Gemeenten 


2000 61% 101.236 9973 Reoffend at 1 00046 NoncotlaUe. Faa 1OTJ6 (Credit SuteMFUstBostonJ 

2000 8Ui 99.98 — Nonadlabie. Fees 045%. (Union Bank of Smttzwl on dJ • 

"2000 (M 101.02 P9-55 Reoffend at 99 £33. NancafeMe. Fees ?*%. (AaifeAMRO Horn Gantt J ~ 


Beta Finance 


British Telecommunications 


Credit Local de France 


2000 614 101.098 99.60 fieoffered at 99.91. NoncnBabte. F*es 1**%. CDeutsdw Morgan GranfeHJ 

2002 6*4 100.675 98j 50 Rrefferad ot 9905- Fees lfe%. Wertfl LynchJ 

2002 7 101.37 9975 Reoffered at 99J7 NonaAoble.FeeslW%. (aacvitood GtmdvJ 


Deutsche Bank Finance 


1999 6*6 100.975 99.55 Reoffered ot 9975- NoncnBabte. Fen 1**%. (Deutsche BankJ 


Federal Home Loan 
Mortgage Group 


Federal National Mortgage 
Association 


2007 7.10 10CL092 99.65 Semtannumir- Nooonlheile. Fungible wftti outohuuftig toua lafatag total cmountto Si MBon. 

Fees 0.325%. Oe n« nfno1t«B SI 0006 CGcMwbo 5od»J (0 

2002 7.12 100.00 9970 Semkmnoafly. MancaBable. FMs &25%. (Merrill Lynch inru 


Hamburg Ische Landesbank 
Helaba Irrtl Finance 
LVMH Moet-Hennessy 


Nordeutsche Landes bank 
Glrozentrale 


2002 3V4 100.00 — CoHobteot porta 2000. Fees not dtadored. (Satomon Bremen tiffU 

2002 6^ 101.318 99.18 Reoffend at 99493. NancStaMs Fees ?*«%. (ABN -AMRO Hoare Govettj 

2000 6*4 101.055 99.60 Reafferedrt99J6Nonca86ble. Fees Met (BNP Capital MartetsJ 

2000 6*4 101.25 99.34 Reoffered at 99J6 Noncrtnble. Fen lW%.{BanqiMGetwndftduljnefnbaii)«J 


Sigma Finance 


Suedwestdejtsche LB 

Capital Mortets 


2002 7 101.445 9935 Reofiered«99aaf4ancallable.Fees1N%.(5cSorKMBnlheBlnlL) 

2002 7*4 107.725 — Reoffemi at 100.10- CMaUe atparfnm 1999. Fees HWb. Women Stonier inrtj" 


(, 


United Parcel Sendee 


2001 6%t 101.078 9930 


Westdeufsche Londesbonk 


Depfo Bank. 

BMW Australia Finance” 


2000 101.189 99.70 

2002 4111 101322 9855 


2002 V/t 10137 99.10 


DSL Finance 


2002 5 101.95 99.90 


European Investment Bank 
Geberit Infi 


2002 4*. 101.325 9959 


DM1575 2007 10V* 100.00 — 


General Electric Capital 
Carp- 


2003 5V4 10157 9931 


Reoflered at 99478. NoticuDobte. Fees l*fc%. (Credit Sufsse Hist Boston) 
Reoffend at par. NonaiMfe. FeesIWfc. IMufflS LynchJ 
ffeofferedatW472.NanCB!labte.FMa2%.(We»tieutsdMUndesbaniO - 
Reaifer»dot99^Hw)^blaFeesa)«b.{DnjIsctieAteB0BGf8n*S«J 

Reoffered 0*99/96 Nancolloble. Fees lfe%, fBayerbcfteVerefnsboniy 
Callable in 2002 at 1054)62. Fees 3%. (MenU Lynch InfD 
Reoffend at 9972. Fees ZMflL (Deutsche Morgan GrenfeL) 


LB Rhein land- Pfalz 


Rabobank Nederlandse 


Suedwestdeutsche LB 
Capital Markets 


2002 5W 101.681 99-45 Reoffered at 99531. Nancoflot*. Fees 2th. CABN-AMRO Hoare GavelU 

2001 4^ 101*40 — Reoffered at 99.16 NoncnBaWe. Fees not dbsdased. (Rabobank Frankfurt) 

'20tC 5M 101.27 99.05 Reoffered at 9957. Noncaaabte. Fees 2%. (Rabobank Inti) 


Westdeutsche Landesbank 


2003 4*4 96.47 — NoncaUabfe.FuntfblevdlfiautstarWki9 Issue, rafslng total amount to 2J bflBon ntaita. Fea 

030%. (SanfcpcseKsctaft Beritog J 


Commonwealth 
Development Bank of 
Australia 


2000 7% 101.058 — Reoffered at 9947. Nancubable. Fees lWfc. (Salomon Bmtteis Irtl) 


Japanese Finance Corp- 
Municipal Enterprises 


2007 5?*b 99.631 99.45 Nontritobte. Fees a32S%. ffionque PerfcasJ 


Nederlandse 

Watersdwpsbank 


2002 SVt 101M15 9950 Reoffered at 99Ja.NanaaUabfe. Fees I«Mb.<A6ff.AMRGMoarektavettJ 


Toronto Dominion Bank 


2002 6Vg 10139 9930 Reoffered at 9959. Fms ItWS. rtarenta DamMon BordO 


Argentina 


2004 7 700.10 — Reoteud^ 9666 ftoncoflablfc. Fungible wttliodsttriBlJ bfleoninarit bsue. Fe« 2.10%. 

(CredDonstalt BankverebO 


World Bank 


New Frontier 


Western Australia Treasury Y12.000 

Corp- 


2007 758 100JX3 — Ouartwly. Rendered ot par . Ffees 0325%. (HSBC Mgrmfc ) ' ‘ 

605 10030 — - S em kHinuaBy. Redeemabte m AwhnBan dollans at 61 9858 per 500000 m Fees 1 Wfe. (Inti 


Swedish National Housing Y20JXKJ 
R nance (SBAB) 


•" "-"■""■""■'■■-I'wino or anwje per 500000 yen. Fees itfft-finn ^ 

J 4 moo — SeattarmucKy. Fees asmt. Redeemable In OS. <M tan pryen. (Wato'iafemattondU 


Last Week's Markets Euromarts 


Stock Indexes 


Money Rates 


Eurobond Yields 


United States 
QJ latte. 
Djun. 

DZTrorcs. 
S&P10D 
S6PS00 
S&PInd 
NYSECp 
Nasdaq Cp 

Japan 

NAMJ225 

Brteafe 

FTSE100 

CnnadQ 

TSE Indus. 

Franee 

CAC40 

GermnwY 

DAX 

Hong tow 
Hang Seng 
world 
USCIP 


United States 
ukcounf ra* 
Prime rale 
Federel fends rate 


April Aprt 

5X0 5X0 

BK 6V, 


toll to* WMffc Yr ln> 


Weekly Sale 
PrkBmyMftkot 


Con money 
3-montn Interbank 


050 050 

(US 042 

059 059 


4,27030 4,23640 


BanL base ran 
Can money 

3^nonth lntertmk 


600 600 

6JD0 600 

6*fc 6W 


£69000 5417.10 


257456 251737 


Franco 

Intervenflon rale 
Cofl money 
3-mcmtti Interbank 


3.10 3.10 

3**1i 3fet 

3fe 3tt 


U3.S long term 
U4. & mdm term 
U S. 5, shat term 
PcwndtstatOn g 
French francs 
ikAinlke 
DdflBh kronor 
SMdWi kronor 
ECUs long tom 
ECUs man tenn 
Can, I 
AusS 
Ni* 

Yen 


J01 698 
6A7 072 
639 
734 7 JO 
5J» 4.98 
746 778 

i s 

IS til 

648 630 
148 172 


732 653 
674. 6.10 
644 59 6 

735 7X9 

602 446 
778 6.98 
532 538 
541 442 

622 576 
6M 476 
651 570 

736 7.11 
839 7.19 
13« 144 


* NoB * s ••■O 

Straights 1733 196.7 709.9 130S3 

Convert. 22X - — &X 07 

£r2* „«43 2553-261.1 


SmmLwtembawg stock actvmge. 


FRNs 4665 6343 2553 261,1 

§CP 1W63 3^7 93645 144W7 
TOW 107204 9,2697100383162634 
Socondary Wiarfat ; ' . ' 

. CeMtt Etmdear 

.. * Mas s Hares 

SttataWs23«94 213194 81719C4 274535 
towert. 7764 6004 2*8564 14213 

19.7913 64385 500597 43913 
U-SP 1 ^**-7 W4375 205M3 
Tdol 558294 40S3331554729 564303 
axTOf Efeocteor, tofcf Bank 


3340X5 1244.93 


Call money 
j-manfh I n tertrewk 


450 450 
3.75 3X5 
337 337 


Ubor Ratos 


12516401230*59 


60503 8075* 


Oofd April Apr4%,Ch*oe 

London OJTLfbkS 34775 34740 *016 


RBrftf Mr ftara Morgan stonier Capital Ml Pospedhe. 


U.S. I svn 5Ve 

Dwtsdre mart; 314 JV* 

Pound starting 6>4 M 

Soonest Uerda Bar*. Revtm. 


A 

6'*!* Yen 


i«aab Mt 1-meet 

Mk » 3*4 

f% 4*1g 

. .9* Vk •* 


b °RD 1 ER g 


i it ** . 






N 


PAGE 13 


Hjf Ho P« in a Jar: A Romanian Entrepreneur’s Recipe for Growing Profit 


*- 


ay Peters. Green 

Special to the Hrndd Tribun* 


BUCHAMSi; — Elena Cremenescu 

• was angry. From her position as a Ro- 
manian government pfirmapia inspect 

' “B imported cosmeficsT she saw^Ss 

^gh-priced beauty 
^ ^ we u U P** ^eirexpiraiiOT 

^r7o^ r uT m C ° mBy 

products, recalled Mis. Gremenescu, 

a c i ent woman in a gray tweed 

suit Merchants here cared only about 
v the price, not the quality." 

* , ^ go* mad, Mrs, Cremenescu 

• decided to get nch by joining the grow- 
l's ot entrepreneurs in post-Com- 

• mum st Romania. 


Today, fair years later, Mrs. Cre- 
menescu and her husband. Ion, own of 
Elmi Prod Fbarm, a 25-employee, 
S60Q,000-a-ycar company that makes 
plant-based, vi tamin -rich skin creams 
under the Elniiplant label. 

The first jars of die — 

were filled in Mrs. ( 

escu’s kitchen. Now she rents a 
converted research laboratory 
from the state veterinary in- 
stitute and has stocked it with a 
range of new and used ma- 
chines that turn out her potions 
in a spotless, biologically clean room. 
Standing at the mass of green and red 


SMALL 

BUSINESS 



steel lotion cooker — she recalled her 
company's modest beginnings from the 
day she left her state job, convinced that 


she could produce better cosmetics than 
most of what was being imported. 

Aimed with expertise in plant-based 
pharmaceuticals and $500 borrowed 
from friends and relatives, she created a 
plant-based skin lotion and 
bought enough raw materials 
to make 50 kilograms (110 
pounds) of it, along with a few 
boxes of pretty jars. She ren- 
ted a machine for mixing and 
cooking potions from a state- 
owned beeswax-processing 
company, put the lotion in 
jars, stuck on the labels and trucked it 
around to local beauty shops. 

“1*21 never forget the experience,” 
Mrs. Cremenescu said with a slight 
shudder. “Some shop assistants were 
quite nice, but others you couldn’t talk 
to. The market was filled with Middle 



LUCENT: Spun Off From AT&T, It’s Outp eiforming the Ex-Parent 

Continued from Page 11 


% 


into three companies — AT&T, Lucent 

. and the computer maker NCR Corp. 

; much of WaD Street seemed to agree that 
the best rationale for the deal was that it 
would free AT&T's management from 
the distracting details of manufacturing 
so it could focus on the business of 
providing telephone service. 

AT&T’s equipment business — the 
part that would become Lucent — had 
long been a solid source of profit and 
revenue, but It was hardly a nimble, 
■ entrepreneurial operation. 

Most of its money came from selling 
. the multimillion-doUar network 
switches that route voice and computer- 
data traffic over local and long-distance 
telephone networks. Other products in- 
cluded smaller switches for office tele- 
. phone systems and a broad range of 
- semiconductors. 

By the autumn rtf 1 995, with Congress 
ai work on a regulatory overhaul that 
. would eventually free AT&T and the 
Baby Bell regional phone companies to 
compete head-to-head for me another’s 
markets, the Bell companies were shift- 
mg more and more of their equipment 
» purchases from AT&T to companies 
* such as Northern Telecom lid. of 
Canada. Because the Baby Bells gen- 
e rally account for 20 percent to 25 per- 
centof Lucent's sales, the potential dam- 
age was significant 

Thus, spinning off the equipment 
business seemed to make a lot of sense. 

While AT&T girded to fight local- 
service and long-distance battles. Lu- 
cent, free to be neutral, could play the 
disinterested arms dealer who sold so- 
phisticated weapons to all sides. 

This soldier-of-fortune strategy is 
working better than even Mr. Schacht 
had imagined, From 1991 to 1994, sales 
of AT&T equipment to the regional 
Bells grew at an average of 3 percent a 


year. Far the first nine months of 1996, 
Lucent increased its sales to the Bells by 
about 18 percent over the comparable 
period of 1995. 

“Our relationship with Lucent has 
Unproved dramatically since the spin- 
off,” said Lawrence Babbio Jr., deputy 
chairman of Bell Atlantic Corp., which 
last year bought about $700 million of 
Lucent products. On Thursday, the two 
companies said Bell Atlantic would buy 
an additional $1 billion of Lucent switch- 
ing equipment over the next five years. 

The deal is pan of tire companies’ 
settlement of a lawsuit in which Bell 
Atlantic accused AT&T and Lucent of 
deliberately designing systems that 
would not work with equipment from 
other manufacturers. 

“They’ve become focused on us as a 
customer, and I think have become more 
co m petit i ve,” Mr. Babbio said of Lucent. 

Not all ofLuceut’s growth, of course, is 
doe to its emergence from under AT&T's 
wing. As mare consumers order second 
phone lines to link into cyberspace, all die 
Bells are expanding investment in their 
networks. New wireless networks, mean- 
while, are sprouting up, and businesses 
are demanding more advanced voice and 
data networks in their offices. 

There is so much new business to go 
around that Northern Telecom — the 
largest telecommunications equipment 
company in North America after Lucent 
— was able to increase its revenue in the 
United States last year by 28 percent, to 
$6.8 billion, even as Lucent was in- 
creasing its share of the Bell market at 
Northern Telecom’s expense. 

“We’re probably as pleased as they 
are that the competition is now full and 
open,” Robert O’Brien, a Northern 
Telecom spokesman, said “We would 
hope that over time we would have the 
opportunity to become one of AT&T’s 
>liers.” 

has not happened, but it may 


Eastern and Turkish imports, and they 
just weren't interested” 

Even after the first shop clerks agreed 
to stock her creams. Mrs. Cremenescu 
said selling in Romania was tough go- 
ing. 

For one thing, she faced the snob 
appeal of foreign products in a country 
where, under communism. Kent ciga- 
rettes were a form of currency. 

For another, she had to-face the coun- 
try’s continuing economic collapse and 
the belt-tightening austerity of the new 
government's reform program, which 
has cut into the average Romanian’s 
disposable income. 

The Cremenescus say they have not 
read many Western management manu- 
als, and indeed research and develop- 
ment at Elm Pharxn is an intuitive busi- 
ness. A discovery by Mrs. Cremenescu 


that Romanian women often suffered 
from broken or bleeding calluses on their 
heels because of a vitamin deficiency led 
to the development of a lotion rich in 
skin-softening Vitamin A. A shampoo 
that she is now developing to treat hair 
loss came about when the women in her 
factory noticed their boyfriends and hus- 
bands' were going bald. 

"I asked myself, 'Why does men's 
hair fall out?' Maybepoor circulation, or 
maybe because of fungus,” she said. 
“So in this lotion we put a stimulant for 
peripheral blood flow, an antifungal and 
an extract we know strengthens hair 
roots.” 

The plant's production cycle was or- 
ganized with the help of an American 
engineer who volunteered through the 
U.S. government's Citizen Democracy 
Corps. The workers, nearly ah women. 


work in teams of two. rotating daily. ‘ 'If 
one worker is ill. I can't afford to lose 
production.” Mrs. Cremenescu said, ex- 
plaining the system, “and many of mv 
ideas come from the workers. Ef 
someone spends iheir whole life just 
screwing on bottle caps, they'll go 
crazv.” 

Her small factory already is running at 
capacity, but Mrs, Cremenescu said she 
could easily run a second shift. She 
would like to build a new factory and 
figures it would cost about $6 million, 
but financing is tricky: Bank loans in 
Romanian lei are costing more than 170 
percent annually, and dollar loans are at 
10 percent to 1 1 per cent. 

Even If she could afford a loan, Mrs. 
Cremenescu says, Romanian banks usu- 
ally demand rwice the loan’s value in 
collateral. 


supplier 

That 


soon as AT&T ramps up its capital 
spending and perhaps seeks to diversify 
its suppliers. 

Because AT&T now accounts for only 
about 10 percent of Lucent's sales, 
however. Lucent can probably afford to 
Jose some of that business on the margins 
if distancing itself from AT&T continues 
to mean better opportunities elsewhere. 

Lucent’s overtures also are being fa- 
vorably received by AT&T’s long-dis- 
tance competitors. For example. Lu- 
cent’s largest publicly disclosed 
contract, part of a flood of orders re- 
ceived in the months after the split was 
announced, was a $1.8 billion order for 
wireless telephone equipment from 
Sprint PCS, a consortium led by the 
long-distance company Sprint Corp. 

The international market also is heat- 
ing up, fueled by a pair of recent agree- 
ments. In December, countries repre- 
senting 85 percent of the world’s 
production of information-technology 
products signed an agreement to elim- 
inate tariffs on those goods, including 
telecommunications equipment. In Fetn 
ruary, more than 60 countries agreed to 
open their markets to communications 
providers based in other countries. 

International sales represented 23 per- 
cent of Lucent’s revenue last year, or 
about $5.4 billion, up from 21 percent, or 
3WL55 billion, in 1995. 

But an expanding market and better 
relationships with potential clients could 
not have been exploited so well had 
Lucent experienced prolonged turmoil 
after the spin-off. 

AT&T's breakup was traumatic — 
especially for the 17.000 people at Lu- 
cent who lost their jobs. 

But Lucent has taken steps to en- 
courage loyalty in the 121 .000 employ- 
ees it has retained, through stock op- 
tions, raises and bonuses directly tied to 
the company's financial performance 
and an employee stock-purchase plan. 


Like Government, Indian Stocks Fall 


Bloomhers Afcus 

BOMBAY — Indian stocks fell the 
day after the Unired Front government 
led by Prime Minister H.D. Deve 
Gowda collapsed after losing a vote of 
confidence in Parliament. 

The Bombay stock exchange 
opened for a special trading session 
Saturday, allowing investors to react to 
die fall of the government. 

"Nobody's sure what will happen 
next,” Ketan Jhaveri, manager at the 
brokerage concern Kotak Securities 
Ltd., said. “Nobody knows what form 
the new coalition government will take, 
in what form die budget will be 
passed.” 

Bombay -s benchmark 30-stock Sen- 
sitive Index fell 44.01 points, or 1.2 
percent, to close at 3,589.72. 

The Congress (J) Party, which pre- 
cipitated the collapse of the govern- 
ment, and the 13 coalition partners of the 
United Front all have said they do not 
want fresh elections. 


Congress (I.i and the United Front 
also agreed to pass the government’s 
budget despite the government's col- 
lapse. They have asked President 
Shankar Dayal Sharma to call a special 
parliamentary session for next Monday 
to discuss the budget. 

Most major stocks fell Saturday. ITC 
Ltd., India's largest cigarette maker, 
ended at 392 rupees (S 10.94) a share, 
down 3.75; Tata Iron & Steel Co.. 
India's largest privately owned steel- 
maker. fell 3 to 163; Reliance Indus- 
tries Ltd., the country's largest pet- 
rochemical company, fell 6 to 26350. 

State Bank of India, the country’s 
largest commercial bank and a bell- 
wether for the economy, fell 7.50 to 
270. Tata Engineering & Locomotive 
Co.. India’s largest truckmaker, fell 5 
to 370.50- Mahanagar Telephone 
Nigam Ltd. fell 4.75 to 26950. 

Those six stocks account for more 
than 80 percent of the value of trades on 
tbe Bombay exchange and for 35 per- 


cent of the weighting in the benchmark 
index. 

The apparent willingness among all 
major political parties to pass the 
budget, which is viewed by analysts as 
India's most business-friendly budget 
ever, and efforts to avoid fresh elec- 
tions and install a new coalition could 
help stocks bounce back this week, 
analysts said. 

Some fund managers said they were 
buying shares because India's econ- 
omy was unlikely to be affected by 
political uncertainty. 

“The economy would continue to 
grow at about 7 percent, boosting de- 
mand and company profits, irrespect- 
ive of which government is in power. ” 
said Vishal Sharma, a fund manager at 
BOI Asset Management Co. 

“There’s tremendous pressure on 
politicians from businessmen and in- 
dustrialists to detach economics and 
politics, and they're successful in do- 
ing that,” Mr. Sharma said. 



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SHORT COVER 


. INTERNATIONAL HERALD TRIBUNE, MONDAY, APRIL 14, 1997 


PAGE 15 


Video Interviews Cut Recruiting Costs for Many Firms 

^demaodmg^ ’a^teapoffi 

for comments critical tfSaSS vSiS?* S overaraent 
The Japanese Tranent s ^^tcnance record, 

ficials in March to ^* S ' a X iation of_ 

sayingequipmeiii 


By Marcia Vickers 

New York Times Sendee 


NEW YORK — The day before Christmas 
Eve,' Mark Dillard of Atlanta received a call 
from a New York executive-search company 
that waS looking to fill a management con- 
sultant job. 

The company’s client, in Charlotte, North 
Carolina, wanted to hire someone imme- 
diately , but because of the holidays, the re- 
cruiter could not go to Atlanta and Mr. Dillard 
did not have time to fly to New York, 
Instead, Mr. Dillard went to a local pho- 
tocopying shop, sat in from of a video camera 
and, watching the recruiter on a monitor, told 
her about his work experience. The whole 
process look about an hour and a half. 

**I was a little nervous about going in front 
of the camera, but I calmed down pretty 
quickly after we got going, and it went well," 
said Mr. Dillard, who later had a “live" 
interview and was eventually hired. 

Many companies, ranging from Interna- 
tional Business Machines Corp. and Mi- 
crosoft Carp, to Nike Inc. aim Hallmark 
Cards Inc., are now screening job candidates 
through videoconferencing for a simple rea- 
son; It saves time and money. 

“I started doing this last fall because travel 
has gotten to be so dreadfully expensive and 
it's become too difficult to coordinate sched- 
ules for in-person interviews," said Jo Ben- 
nett, an executive-search consultant at Bat- 
talia Winston International in New York. 

She estimates that using videoconferencing 
instead of traveling saves her eight to 10 hours 


a week. Gartner Group, a market-research 
firm in Stamford. Connecticut, says the pro- 
cedure can reduce companies’ travel costs for 
recruitment by 15 percent to 20 percent 

But in a warning to job-seekers, recruiters 
also say video interviewing has its quirks and 
that candidates who may do well in person 
may fail on camera. 

“Videoconferencing is the best way to 
screen out candidates who cannot operate 
under pressure,” Albert Lill, research di- 
rector at Gartner Group, said. “You've got 
these people who are sweating, trying hard to 
get it right. I have empathy for them, but 
either you have it or you don't. People who 
tend to wash out naturally in social envir- 
onments tend to wash out under the glare.” 

Damir Joseph Stimac, a management con- 
sultant in Lawrence, Kansas, said that in a 
recent video interview for one of his clients, a 
New York financial-services concern, the can- 
didate appeared tense. “He couldn *t figure out 
how to operate the controls, and this was an 
interview for a highly technical database-op- 
erations job,” Mr. Stimac said. “He'd zoom 
in and our constantly. Sometimes we’d see his 
entire face, other times just his nose.” 

Mr. Stimac figured by then that the man 
would not be right for the job, but the can- 
didate soon left no doubts. When asked if he 
knew Lotus 1-2-3, the spreadsheet computer 
program, the candidate replied; “ T know 
Lotus 1 and 2, but I'm learning 3.' ” It was 
not a joke, and the interview soon ended. 

In the past year, about half of America's 200 
largest companies have started using video- 
conferencing to screen middle-management 


candidates, Gartner Group says. The technique 
is also on the rise among executive recruiters. 

“Ail of the big search firms are using it 
now." said Sheila McLean, president of the 
Association of Executive Search Consultants 
in New York. “It helps them service their 
clients better by quicker response lime and 
cost savings." 

Videoconferencing has been used for at 
least a decade for company meetings, but 
video interviewing is a more recent phenom- 
enon. Since 1995. companies such as Procter 
& Gamble Co.. Citibank and Intel Corp. have 
had hookups with universities to interview 
students, usually through desktop systems — 
personal computers with cameras mounted on 
top — that cost S2.000 to S6.000 each. 

But for middle-level and senior manage- 
ment jobs, employers and executive-search 
firms primarily use higher-quality systems 
set up in conference rooms: the equipment 
can cost $20,000 to S80.000 a room. Some 
companies set up their own rooms: others use 
conference rooms at the search firm or at 
outside sites. 

Last year, manufacturers shipped 27.000 
room systems, up from 22.000 in 1995. said 
Elliot Gold, publisher of Telespan, a news- 
letter that covers the videoconferencing and 
teleconferencing industry. Sales of the less 
expensive desktop systems are growing even 
faster, having tripled each vear since 1 092. to 
295,000 in 1996, he said. ' 

Despite this growth, video interviews do not 
remove the need for in-person meetings, em- 
ployers and recruiters say. For one thing, they 
say, videos make it difficult to judge a can- 


U.S. Veers on Shipping Sanctions 

WASHINGTON (Bloomberg) — The U S 'FeA»rai Mari 

nies, accortmg^r^S^ 00 U ' S ‘ stappmgampa- 

® The commission said in February it would mme** rvr 
voyage fines of $1 00.000 bJS _*i 

1 Kaisha 

threat followed com- 

saSSSS 315 ® 

Japanese negotiators, after two weeks of talks with U S 
t0 “ changes that would make it easier 

for U.S. ships to make Japanese port calls, clearing the way for 
the commission to lift the sanctions, the sources said. 

Fiat Heir Has Abdominal Tumor 

. JtolyfBloombeig) — Giovanni Alberto Agnelli, 

me heir to the fiat SpA auto-making dynasty, said he was 
diagnosed in New York, as having an abdominal tumor. 

Mr. Agnelli, 32, in an interview with the Agnelli family- 
owned newspaper La Stampa, said treatment for peritonitis 
revealed a rare tumor in ftis abdomen that is treatable, but will 
s require convalescence through the summer. Mr. Agnelli is the 
nephew of Gianni Agnelli, the honorary chairman of Fiat, 

Italy s largest industrial company. 

philips workers to strike over jobs TV Proposal Aims to Let EU Viewers Go to Games 

AMSTERDAM (Reuters) — Workers at a Philips NV 
factory will begin a strike Monday after the breakdown of 
talks between umons and management over restructuring at 
the plant, a Philips spokesman said Sunday. The dispute is the 
result of Philips plans to scale down the plant at Hoogeveen in 
the eastern Netherlands and move some of the production to a 
plant in Poland. The factory employs about 1,000 workers and 
produces vacuum cleaners and coffee makers. 

EMU Criteria Firm, Kohl Asserts 

i HANNOVER (Reuters) — Chancellor Helmut Kohl said 
^Sunday that the Maastricht criteria for European monetary 
union were firm and that it was important to keep to the 
planned timetable so that the single currency could be in- 
troduced on Jan. 1, 1999. 

“Of course the Maastricht stability criteria are not subject 
to debate," he said, according to the text of a speech prepared 
for delivery at the opening of the Hannover Industry Trade 
Fair. Economic data for 1997 will be the basis for determining 
which nations participate in EMU at the start 
Germany says it will meet the criteria, but most observers 
expect its deficit will exceed the threshold of 3 percent of 
economic output, raising die possibility that the single cur- 
rency will be delayed. 


didate’s body language and poise. "At some 
point there is no substitute for the face-to-face 
interview, but it's useful in the qualification 
stage.” said Victor Aeruso. a human-re- 
sources director at Nike th Portland. Oregon. 

Conducting video interviews is not cheap. 
Tom Watkins, an executive recruiter with 
Lamalie Amrop International in Dallas, es- 
timated that it cost his company 5300 an hour 
including telephone charges and the cost of 
using the equipment. The phone charges are 
generally two to four times the cost of a regular 
long-disiance call in the United States. 

From the job-seeker's point of view. Mr. 
Stimac warns; "There are some real fine 
points regarding videoconferencing etiquette. 
It can be trickier than a live interview." 

Recruiters say a candidate should prepare 
for a video interview a bit differently than for 
an in-person meeting. First, they suggest ask- 
ing for a preliminary phone conversation with 
the interviewer to establish a rapport. They 
also recommend arriving early and gening 
used to the equipment: after the interview 
begins, the candidate can often adjust the 
volume, brightness and other camera func- 
tions by remote control. 

Other suggestions: Speak clearly but do 
not slow down. Sit straight. Look up. not 
down. Try to show some animation, but not 
too much, because excessive motion will 
appear bluny to the interviewer — and be 
aware that there is often a lag between the 
video and audio transmissions, so voices can 
seem out of step with pictures. Candidates 
who do not get used to the timing risk in- 
terrupting the interviewer. 


Free 


By Richard Covington 

Special io the Herald Tribune 


PARIS — If European Council ministers 
have their way, broadcasters will be required 
to air certain major sporting events for free, in 
a proposal that could determine the devel- 
opment of pay television in Europe. 

The proposal, which is to be submitted 
Wednesday to the European Parliament and 
the European Commission, has angered some 
broadcasters, who see it as affecting billions 
of dollars of contracts for broadcasting the 
Olympics. World Cup and other sports events 
that are considered die linchpins of pay TV. 

Emerging digital-television ventures are 
depending on exclusive sports and film pro- 
gramming to entice audiences to purchase 
$500 decoders and subscribe to digital pack- 
ages for around $20 a month. 

According to the U.S.-based media analyst 
Baskeiville Communications, the European 
market for digital television should reach $40 
billion by 2005. 

MairainoQreja, the culture commissioner 


for the European Union and author of the 
proposal, said. * ‘There is a pressing need fora 
European rule because any purely national 
rules could be circumvented.” 

Mr. Oreja's proposal will be introduced as 
an amendment to the so-called Television 
Without Frontiers directive that is due to take 
effect next year. 

“The purpose of the proposal is to try to 
achieve a balance between guaranteeing the 
public free access to major events and to 
ensure a level playing field for competition in 
broadcasting services across Europe.” the 
commissioner said. 

But the Association of Commercial Broad- 
casters, a lobbying group of 24 pay and free- 
to-air private Eurorean broadcasters based in 
Brussels, said, “Tbe listing of any sports 
event would decimate tbe revenues received 
by sport through television rights deals.” 

France, Britain and Belgium already have 
lists of sports events reserved for free-tele- 
vision outlets, all of which include the 
Olympics and World Cup FinaL In France, 
the Tour de France is on the list: in Britain, it 


includes Wimbledon tennis matches and the 
Grand National steeplechase. 

According to industry sources, Italian reg- 
ulators are drawing up a list of events, but 
Germany remains opposed to requiring any 
sports events to be aired for free. 

In Spain, a controversy has erupted be- 
tween the pay -TV operator Sogecable SA. an 
affiliate of the French pay network Canal Plus 
SA, and the government over what events 
must be shown on free television. 

Among the members of the Association of 
Commercial Broadcasters, there is general 
agreement thai die Olympics, the World Cup 
Fmal and other major events should remain 
on free television outlets, but the broadcasters 
strongly favor the existing mechanism of 
self-regulation rather than a broad EU dir- 
ective, said Daniel Zimmermann. the group's 
chief executive officer. 

“We recognize that there would be major 
protests if the Olympics and the World Cup 
were not broadcast for free,” Mr. Zimmer- 
mann said. Neither the broadcasters nor 
sports federations were consulted before the 


formulation of the proposed EU amendment, 
he said. 

"The political call that you've got to get 
your football and other sports for free is a very 
nice and easy thing.” said Dieter Hahn, man- 
aging director of Kirch Group in Germany. 
“It's like saying you should get your bread for 
free. People are used to paying for sports. Why 
is the Eu suddenly creating a right to live 
sports for free?” Mr. Hahn objected thai lim- 
iting coverage of sports events would threaten 
the development of pay television in Europe 
and, by effectively keeping pay TV out of the 
bidding, would greatly reduce broadcast- 
rights payments to sports federations. 

Kirch and other pay -TV operators have 
billions of dollars tied up in exclusive rights 
for sports events. But Mr. Oreja said his 
proposal would not affect pay-television 
broadcasters, maintaining that only a small 
percentage of sports events would be re- 
served for free television outlets, including 
public and private broadcasters. 

“There will be plenty of spon for pay 
digital television.” he said. 


DOLLAR: To Control Inflation, U.S. Is Unlikely to Want to Stop Currency’s Rise 

fAnh’imail h>nm Pona f 1 rafrpe so Inw anri with sn mnrh im- will remain vicrilant and nrenarerf rn fnens nn: nmmntinp max mum 


Continued from Page 12 

a top priority with tbe United States 
so dependent on enormous capital 
inflows to finance a huge portion of 
its government debt. Nonresident 
holdings of U.S. Treasury notes and 
bonds are currently estimated at $1.2 
trillion — about a third of the total 
marketable securities issued by tile 
Treasury — and only about half of 
that amount is owned by other central 
banks, which are desirable holders 
because they probably would be slow 
and reluctant sellers in case of a se- 
rious market upset. 

What happens in tbe bond market 
also is important because the valu- 
ation of stock prices is in part related 
to the cost of money. 

Inevitably, a sell-off in bonds — as 
occurred last week — fuels a down- 
turn in equity prices and a retreat by 
tbe dollar, which is why tbe currency 
dosed Friday below its midweek 
highs. Bonds were hit by data in- 
dicating that U.S. growth would be 
stronger than expected and fears that 
the Federal Reserve Board would 
need to raise interest rates more 
sharply than had been expected. 

fears of inflation, and the high 
interest rates needed to contain it, are 
the bane of the bond market, where 
fixed interest rates mean that only 
prices can move to adjust for chan- 
ging conditions. 

“A sell-off in the U.S. bond mar- 
ket coupled with a setback in the 
stock market could retard the inflow 
of foreign investment capital that has 



t Chase Manhattan 
But for now, with Japanese interest 


rates so low and with so much un- 
certainly about 'Europe’s monetary - 
future, analysts see little risk of the 
dollar being pommeled, by an exodus 
of foreign money from the U.S. bond 
market. At worst, analysts see tbe 
possibility of only some temporary 
currency weakness. 

Avinash Persaud at JJP. Morgan & 
Co. said, “At current levels of U.S. 
interest rates, especially given the 
very low levels of rates elsewhere, the 
dollar is much less sensitive than it has 
been to a sell-off on Wall Street.” 

Kit Jnckes at NatWest Markets ad- 
ded that “so long as the sell-off in 
asset prices is contained to the United 
States and does not spread — as it did 
in early 1994 — worldwide, the net 
resultis to make prices on Wall Street 
cheaper and more attractive.” 

Nevertheless, Ravi Bulchandani at 
Morgan Stanley & Co. said: ‘ ‘The last 
thing the United States would want to 
risk, particularly in a period of rising 
interest rates, is to compound the 
problem with a felling currency. 
There is a risk of a vicious cycle, with 
a dollar fell feeding on rising interest 
rates which in turn put ever more 
pressure on the currency.” 

Analysts said tbe way to avoid this 
was to keep the dollar strong, mit- 
igating the amount the Fed would 
have to raise rates to sustain Don- 
inflationary growth. 

“Clearly, the strength of the dollar 
plays an important role in keeping the 
U.S- economy from overheating and 
dam pening inflationary pressures,” 
Brendan Brown at Bank of Tokyo- 
Mitsnbishi International said. 

At present, analysts are confident 
that the Treasury will not intervene in 
currency markets and that the Fed 


will remain vigilant and prepared to 
keep raising rates to keep inflation 
tamed fin this environment, they see 
the dollar easily testing 130 yen and 
1.80 DM. Mr. Bulchandani holds a 
more extreme view, expecting the 
dollar to hit 140 yen and 1.90 DM. 

The challenge for the United States 
to continue attracting the volumes of 
capital it has become accustomed to 
and to prevent foreign investment 
from flowing out will not cone until 
later this year, possibly not until 1998. 
Then, the dollar could begin to lose 
tbe enormous interest-rate differential 
acting Id its favor as the U JS. economy 
slows and as Japan and Germany enter 
periods of more vibrant growth, put- 
ting upward pressure on their rates. 

■ No New Role Seen for Fed 

Jerry Jordan, president of the Fed- 
eral Reserve Bank of Cleveland, said 
Sunday it was still too early for a 
public debate on changing fee Fed- 
eral Reserve System’s mandate be- 
cause economists and lawmakers 
could not agree on what its new role 
should be, Bloomberg News reported 
from Arlington, Virginia. 

“I think the dialogue of defining 
die objectives of a monetary authority 
has not progressed sufficiently within 
the economics profession to allow a 


that objective,” Mr. Jordan told mem- 
bers of the Association of Private 
Enterprise Education. “We say that 
we are willing to be held accountable 
for the results of our actions, yet there 
is no convergence within the eco- 
nomics profession — yet — about 
what these standards should be.” 

Economists and lawmakers dis- 
agree on what the central bank should 


focus on: promoting maximum sus- 
tainable growth, fighting inflation, 
avoiding recessions or trying to do all 
those things at once. The Feo’s man- 
date is set by Congress in fee 
Humphrey-Hawkins Act, which or- 
ders the central bank to promote max- 
imum sustainable economic growth 
and job creation while keeping in- 
flation at bay. 

There is no legislative push to limit 
the Fed to any one of those goals, 
although many economists ana law- 
makers say tbe Fed should stick to 
fighting inflation. Mr. Jordan de- 
clined to say what he believed the 
Fed’s goals should be. He did refer, 
however, to fee Fed’s pro-growth 
policy of the 1960s and 19 70s as 
“failed attempts at influencing real 
economic activity” and “a policy 
that we must not repeat” 

Mr. Jordan is not a voting member 
of the central bank’s Federal Open 
Market Committee, which sets in- 
terest-rate policy. He made no ref- 
erence to recent decisions by fee Fed 
and declined to comment on tbe state 
of fee U.S. economy. 

The Fed’s chairman, Alan Green- 
span, has denied thai tbe Fed targets 
growth. But when fee Open Market 
Committee raised the overnight bank 
lending rate by a quarter point, to 5.50 
percent, two weeks ago, there were 
few signs of inflation; the Fed said it 
was acting “in light of persisting 
strength in demand, which is pro- 
gressively increasing fee risk of in- 
flationary imbalances developing in 
the economy. ” Before central bankers 
met March 25 , fee U.S. economy grew 
at a 3.9 percent annual rate in fee 
fourth quarter and at nearly 3 percent 
in the first three months of 1997. 


SARAKREEK HOLDING N.V. 

Amsterdam 


Notice is hereby given that the Annual General Meeting of Shareholders of 
Sarakreelt Holding; N.V. will he held on Monday, April 28 at 
11:00 a.m. at the RA1 Congrescentrum, Europaplein 8, 1078 GZ Amsterdam, 
the Netherlands. 

The Agenda includes: 

• Annual Report of the Board of Management over 1996; 

• Establishment of the 1996 Annual Report and Accounts; 

• Appointment to the Board of Management; 

• Designation of the Board of Management as the 
authorised corporate body to resolve to issue shares 
and/or to limit or exclude priority rights; 

• Authorisation of the Board of Management to acquire, on 
behalf of the Company, shares in the Company; 

• Miscellaneous. 

The complete agenda for this meeting as well as the 1996 Annual Report 
and Accounts and information on the proposed candidate for the Board of 
Management are available and can be obtained at: 

The Company's head office. Amstcrdamsestraatweg 418, 3744 MA Baam, the 
Netherlands, and also at' 

the ABN AMRO Bank N.V.. Hercngrachl 597, .Amsterdam. 

To be able to attend the meeting; Shareholders must deposit their shares at 
the above-mentioned bank no later than April 23, 1997. 

The deposit receipt will render entrance to the meeting. 

. The Supervisory Board 

Amsterdam, April II, 1997. 


4 


UALFORTUNE INTERNATIONAL FUND 

51CAV 

2, boufeword Royal 
1-2953 LUXEMBOURG 
R.C Luxembourg B-8735 

Wrmmip. AttioiiMires sonl pries d’aseifler a 

1‘ASSEMBLEE CENERALE ANNUELLE 
.• l. 42 avril 1007 a 15.30 heure? en I'immrufalp dp 

S&S£ * m l — *-» ^ 

detibner Mir Jonlm du jour suivanu 

1 Hanonrt- du Corwcil if Adrtinisuation rt duRc^r if tnirepnsr ; 

2 wXtion de TH** dr* actifr net** A* » d« operation* 
aWSUmbrt I906;air«1-0 on **•<***» ’■ 

3. Drcharp* a donm-r au Gmail d' Administration . 

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via Cavour WI2- Lodi 

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della Liberia, 13 ' 

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Raw Rrptiblira V\ * B** 00 1® ^ coost ,;| (TadroinWraiion 


Annual figures 1996 

peak year 1996: record increases of 
net profit +25% to U.S.S 1,974 million 

profit per share +19% to U.S. $ 2.71 

shareholders’ equity +44% to U.S. $19,600 million 


(in millions of dollars. 

except for amounts per share) 

■ 

1996 

1995 

% 

change 

Result before taxation: *) 

- insurance operations 

1,485 

1.252 

18.6 

• banking operations- 

1,268 

1,040 

21.7 

Net profit 

1,974 

1.574 

25.4 

Profit per ordinary share 

2.71 

2.28 

IS.8 

Dividend pec ordinary share 

1.19 

0.99 

20.5 

Total assets **) 

277,943 

227,607 

22.1 

Shareholders' equity **) 

19,600 

13.657 

— 

43.5 


*) Results: US 3 1. 00 = NLG 1.6S (average exchange nue) 

**) Assets and shareholders' equity: LLSJ 1.00 » NLG 1,74 (exchange rate on 31 Decemtwr 19961 


; Excellent increases of net profit (25.4%), profit per share (18.8%), dividend 
(20.5%) and shareholders’ equity (43.5%). 

Almost all banking, insurance and investment activities report considerably 
improved results, thanks to an important worldwide increase of total income. 
Allocation of U.S.S315 million before taxation to provisions for future 
expenses, of which U.S.S166 million for the insurance operations and 
U.S.S149 million for the banking operations. 

Size of the banking provision for general contingencies at the end of 1 996 was 
U.S.$1,465 million; US.S718 million is added to shareholders’ equity and 
U.S.S747 million to the Fund for general banking risks. 

Full of confidence for 1997, but despite a good start still too early to make 
a profit forecast. 

ING GROUP 

Internet: http -jt wwxv.inggroup.cwn 

Tbe annual report appears on 16 April 1997 and can he obtained at tbe following, address: 

ING Group. P.O. Box 810. 1000 AV Amsterdam. The Netherlands, Telephone: r?i » 20 54 1 54 71. fox: (»3 1 1 20 541 54 5 1 . 












































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EWCAITOSN DIRECTORY 

Appears every Tuesday. 

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PAGE 18 


INTERNATIONAL HERALD TRIBUNE, MONDAY, APRIL 14, 1997 


SPORTS 


Red Sox Drub Mariners 
On a Wintry Weekend 


The Associated Press 

The boys of summer continued to struggle 
Sunday with wintry weather. Eight of 14 
scheduled games were postponed Saturday, 
and on Sunday snow flurries interrupted the 
game between the White Sox and Tigers in 
Detroit, 

Red Sox 7, Mariners i Tim Naehring hit a 
sand slam over the Green Monster, and Wil 
Cordero hit the first homer off Fenway Park’s 


Basiball Koundvp 


so-called Caffeine Monster on Sunday to give 
Boston the victory. 

Naehring broke a 1 -1 tie in the second, then 
Cordero homered off one of the 20-foot Coke- 
bottle advertisements that have been added to 
a light standard above the left-field wall. The 
427 -foot shot earned $1 ,000 for charity and 
put Boston up 6-1. 

orioles a, Rangers o Jimmy Key pitched a 
six-hitter for his first shutout in four years, and 
Jeffrey Hammonds hit two solo homers as 
Baltimore beat punchless Texas. 

Cal Ripken and Chris Hoiles also homered, 
and Rafael Palmeiro went 4-for-5 for the 
Orioles, who won both games of the rain- 
abbreviated series. 

Giants 5, Nets 1 Jeff Kent drove in three 
runs, then sprained his neck when he collided 


headfirst with third base as San Francisco won 
in New York. 

Kent, a former Met hit a two-run homer in 
the first off Mark Dark and doubled in Barry 
Bonds in the fifth, giving him a team-leading 
12 runs batted in.He cried to stretch the 
double, dived toward third and his helmet 
crashed flush into the bag, which is affixed to 
the field with a metal peg. 

In games played Saturday: 

Braves 2, cafes 1 1n Chicago, the Cubs sea- 
son-opening losing streak reached nine 
games, as Jeff Blauser's two-out. ninth-inning 
single off Mel Rojas lifted Atlanta to victoiy. 

Astros 7, Cardinals 5 A pinch-hitter, Bob 
Abreu. hit a bases -loaded triple and a fill-in 
starter. Ramon Garcia, worked five solid in- 
nings as Houston won in St Louis. 

Reds 2, Marlin* i In Cincinnati. Pokey 
Reese's first major league hit. a two-out single 
in the bottom of the 10th inning, gave the Reds 
a victory over Florida. Rick Helling escaped a 
scoring threat in the ninth, but gave up a one- 
out single to Eric Owens in die 1 0th. Owens 
advanced on Deion Sanders's groundout and 
scored on Reese's soft opposite-field single to 
right with two outs. 

RockiM 12, Expos a Larry Walker and 
Vinny Castilla hit two-run homers and Col- 
orado refused to be cooled off by frigid weath- 
er in the Rocky Mountains, beating Montreal 



The Associated Press 

Glen Wesley and Kevin 
Dineen scored as the Hanford 
Whalers beat Tampa Bay by 
2-1 Sunday, giving their fans 
a victory to remember them 
by in their last game at the 
Civic Center. 

The outcome of the game 
meant nothing to the playoff 
picture, as both teams were 



Whalers’ Farewell 
To Hartford Fans 


NHL Roundup 


(uafe-rti Hmfc/ Ipw Komr-nwr 

Alien Iverson of the 76ers, who scored 50 in a losing cause, driving against the Cavs. 


Pistons Finally Beat Bulls 



for their seventh straight triumph. 

icn-runner, Rich 


Marina** B, Rad Sox 1 A pint 
Amaral, scored on a throwing error as Seattle 
broke a tie with four runs in the 10th inning 
and beat Boston. Dan Wilson opened the 
Seattle 10th with a double and Amaral ran for 
him. When Russ Davis bunted, the pitcher. 
Jim Corsi, threw to third base, but die ball 
bounced in the din through Tim Naehrmg's 
legs and into the Mariners' dugout 
Lee Tinsley followed with a bloop single, 
Joey Cora walked and Alex Rodriguez 
blooped another to left, scoring Davis. Pat 
Mahomes relieved Corsi and promptly hit 
Ken Griffey Jr. to score another run before 
giving up a sacrifice fly to make it 5- 1. 

Twins 11, Royals « The wind chill took the 
temperature below freezing in Kansas City 
where hot chocolate was served free to fans as 
the Twins beat the Royals. 

Pat Me ares' s three-run homer helped boost 
Minnesota in what should have been the third 


The Associated Press 

Detroit ended Chicago's 
hopes of matching last sea- 
son’s 72-10 record as Grant 
Hill recorded his 12th triple- 
double in a 108-91 victory on 
Sunday. The victory stopped 
the Pistons’ 19-game losing 
streak against the Bulls. 

The Bulls (68- 1 1) went in- 
to the game with a five-game 
winning streak. But four of 
the Bulls' losses have come 
on Sunday and all four were 
on the road. Terry Mills, hit- 
ting 5-of-9 from 3-point 
range, led the Pistons with 29 
points. Hill, who has recorded 
rive triple-doubles in his past 


move into a tie with the 
Washington Bullets for the 
eighth Eastern Conference 
playoff spot. 

Iverson scored 39points in 
a scintillating second half, in- 
cluding 23 in die fourth 


NBA Roundup 


& 


eight games, had 27 points, 12 
abounds 


game of its series in Kansas City. Rain and 

Thursday and 


Dm Id Znhihpwfcl/AP 

Expos' Marc Valdes winding up against 


a Rockies' batter in snowy Denver. 


cold forced postponements on 
Friday nights. 

After the Royals went ahead 4-3 in the fifth, 
Meares connected off starter Tim Belcher to 
put Minnesota on top, 6-4. With two out, Greg 
Cblbiunn singled and Todd Walker walked 
ahead of Meares’s second home run as the 
Twins put die cap on a three-game losing 
streak. 


rebounds and 10 assists. 

Scottie Pippen scored 21 
for Chicago, and Michael 
Jordan, held to six in the first 
half, finished with 18. 

In Saturday's games: 
GanHan 12B, 76tn 118 
Allen Iverson scored a career- 
high 50 points, his fourth 
straight game with at least 40 
points, but his team Iosl 
Cleveland beat Phil- 
adelphia on Saturday night to 


quarter, to become the first 
rookie to score at least 40 
inis in four straight . 

Verson shot 17-or-.' 
the field and 11 -of- 18 from 
the line. 

Sonic* 96, Spur* 91 In San 

Antonio, Shawn Kemp's 
game-high 23 points, and 
Seattle's shutout defense 
down the stretch helped the 
Sonics survive a furious 
comeback by the Spurs. 

Knteka 100, Iteat 99 In 
Miami, a fourth-quarter brawl 
led to the ejections of Alonzo 
Mourning and Buck Willi- 
ams, and the Knicks survived 
a trio of Miami 3-pointers in 
the final 20 seconds to win. 

Pa ct * 100, 11 utor* 99 Rik 

Smits scored 23 points, in- 
cluding two key field goals 


down the stretch, as Indiana 
kept its slim playoff hopes 
olive by winning in Toronto. 

Magic 121, Celtics 98 In 
Orlando, Gerald Wilkins 
came off the bench to score 22 
points as Orlando clinched a 
playoff berth. 

Hawks 80, Ttatbarwohnw 
oe Steve Smith had 25 points 
as Atlanta won for the 11th 
time in 13 games to remain 
tied with New Yoric for the 
third Eastern Conference 
playoff spot 

OiinBaa 99, Mpyarinks 99 In 

Dallas, Shareef Abdur-Rahim 
scored 30 points and pulled 
down a career-high 17 re- 
bounds as Vancouver snapped 
a nine-game losing streak. 
Hornets 99, BuOats 97 In 


Charlotte, Ricky Pierce's 3~ 
ith 5.7 i 


pointer with 5.7 seconds left 
gave the Hornets a victory 
and dropped Washington 
back into a tie for eighth place 
in the East 

CHppara 119, Nuflgote 94 In 

Anaheim, the Clippers moved 
to within one victory of clinch- 
ing the eighth and final West- 
ern Conference playoff spot. 


eliminated Saturday when Ot- 
tawa clinched the final berth 
in die Eastern Conference. 

The lack of intensity did 
not bother the sellout crowd 
of 14,660 that turned out to 
bid farewell to tbe Whalers, 
whose owner insists he is not 
coming back to Hartford even 
though he has yet to find a 
new home. 

The forgiving and faithful 
fans, who endured 18 yeans of 
mostly misery, stood and 
cried during a high-spirited 
and emotional sendoff. 

The Whalers have only had 
three winning seasons m 18 

years in the NHL, and have not 

finished over .500 since 1989- . 
90. They have missed the play- 
offs for five straight years. 

Senators 1, Sabres O Five 
long seasons came down to 
four excruciating minutes as 
die Ottawa Senators earned 
their first ticket to fee National 
Hockey League playoffs. 

Steve Duchesne scored the 
only goal of the game with 
4:01 remaining to give the 
Senators a 1-0 victory over 
fee Buffalo Sabres on Sat- 
urday, sending 18,500 long- 
suffering fans at die Corel 
Centre into delirium. 

"I didn’t jump up for joy,” 
said tbe Ottawa goalie, Ron 
TugnutL “I looked up at the 
dock and saw four miles to 
go. That was the longest four 
minutes ever.” 

“Nobody believed we 
were going to make it, except 
me,” said Duchesne. “Bid I 
didn't think it was going to be 
that tight.” 

Capitals 9, Mndm s Ot- 
tawa's victory brought to an 
end Washington's 14-year- 


playoff streak. The Capitols 
bed visiting New York after. 
Kelly Miller triggered a four- 
goal second period for the 
Capitals. Miller scooped up. 
an errant Islander pass; 
evaded New York s defense, 
then snapped off a shot from 
near the right faceoff circle at 
8:24. 

Canadian* 3, Flyore 3 In 

Montreal, fee Canadiens won ^ 
a playoff berth by tying Phil- 
adelphia on Vincent Dampn- 
ousse's third-period goal. 

The tie also gave New Jer- 
sey home-ice advantage in 
the Eastern Conference play-; 
offs. . . . 

Damphousse tipped ms 
own rebound past Phil-, 
adelphia goalie Garth Snow, 
at 6:04 of tbe third period. . 

Staple Leafs 4, Flames 1 In 
Toronto, Wen del Clark got an 
unusual empty-net goal^n fee _ 
final minute of Toronto's vic- 
toiy over Calgary. 

Wife fee Flames playing, 
wife six attackers, Clark, was. 
about to shoot into the empty 
net when Calgary’s Tommy’ 
Albelin jumped on the ice as.,* 
an illegal extra player and * 
checked the Toronto forward. , 
Referee Richard Trottier halt- 

30th goal of the season. v 

It was the final game of die. 
season for both nonplayofiT 
teams. 

Kbius 4, Sborits 1 Philippe. 
Boucher scored two consec- - 
utive goals and rookie goal-, 
tender Jamie Store won his 
first game of the season as. 
Los Angeles beat visiting San 
Jose. - 

The Kings will miss fee 
playoffs for the fourth con- • 
secutive year. , 

Conuoka 9, OOare 4 Maricus 
Naslund and Donald Bras- 
hear scored two goals apiece, 
to lead Vancouver over Ed- 
monton. 

The game had little mean-: 


ing. The Canucks had already 
playoff 


beat eliminated from playc... 
contention, while the Oilers 
must await fee outcome of 
Sunday’s St Louis -Detroit 
game to find out their first- 
round opponent. ! 


Scoreboard 


BASEBALL 


Major League Standings 


jUMMCJunnom 

EAST DtVQKM 



W 

L 

Pet. 

GB 

Bolttmore 

6 

2 

750 

— 

Taranto 

4 

3 

571 

1*4 

Detroit 

5 

5 

500 

2 

New York 

4 

5 

.444 

Th 

Boston 

4 6 

CdHTHAL MVISIQN 

500 

3 

Minnesota 

6 

4 

500 

— 

Cleveland 

5 

4 

556 

•A 

Milwaukee 

3 

3 

500 

1 

Kansas aty 

3 

5 

775 

2 

Chicago 

2 

6 

550 

3 


Oakland 

Senile 

Tens 

Anaheim 


WEST DIVISION 

6 3 Ml — 

6 4 .600 ft 

3 4 .429 2 

3 6 .333 3 


EAST DIVISION 



W 

L 

Pet. 

GB 

Florida 

8 

2 

500 

— 

Attama 

7 

3 

.700 

1 

Monacal 

3 

5 

575 

4 

New York 

3 

6 

533 

4V, 

PfflkxMphta 3 7 

CENTRAL DIVISION 

500 

5 

Houston 

7 

4 

436 

— 

Pittsburgh 

4 

5 

AM 

2 

On cl mail 

4 

6 

ABO 

2 ft 

St. Lords 

2 

7 

522 

4 

dticagn 

0 9 

west division 

J»0 

6 

Colorado 

7 

2 

.778 

— 

Los Angeles 

7 

3 

700 

ft 

San Francisco 

5 

3 

425 

1 ft 

Son Diego 

6 

4 

400 

1 ft 


and WTfflams; Cone. Stanton (8), Baehitngar 
(Bli M. Rivero (9). Netson HO) and Glrardl 
W— SimA 2-0. L— Nolsoa 0-3. 
HRs— Ortkmd, Mark McGwire 0). 

Tran 000 100 002-3 4 1 

Baltimore 120 100 14 r-9 16 0 

Burkett Gunderson (61 ■ Patterson (71, 
Vaster? (8) and I.Rodrtguoz/ Mussina, 
A. Benitez (81, TeJflathew* TO and HoBes. 
W— Mussina 1-1. L— Burkett, O-l. 
HR— BaBImww R. Prime** 2 (4). 

NATIONAL LEAGUE 

San Diego 110 001 soo-S 13 1 

PMadoUUa 2M 0M 1*0-3 10 0 

Hitchcock. Veras (7), Boditter IB), cunnarw 
(9) and Flaherty; SOiHUng, Planter berg (7), 
Hams (8], Mlmta (7) and Ueberttxd. 
W— HIMieKfc 2-0. L-Schiang, 2-1. 
Nontan MO 200 000-2 ft 

St Louis 101 000 02*— 0 6* 

Reynolds and Ausmux Osborne* Batchelor 
CB}. EdiersJey (9) and Lampfcln. 

W— Batchelor, 1-1. L— Reynolds, 1-1. 
Sv— Edcersley (1). HR— St. Louis. Gant (1), 
Clayton (1). 

Ptaida 300 007 000— 10 90 

Cednotl 000 000 000- 0S 1 

Rapp and C. Johnson; Smiley. Jorrts (6], 
BeOnda (6), Carrasco (8|, strew (91 and 
Toubensee. w— Rapp, l-a L— Smfley, 1-2. 
HR— Florida Abbot n>, Mou (21. 

Los Angries 002 Ml 004-^7 8 1 

PtttsMrgk ooo 000 010 — t 8 l 

OMartinsz. Rodhsfcy IB), Dreffcrt (8 ). 
Astado (7) and Prince; FjCankwa Rincon 
(8), M.WBHns 191 and Kendall. W-R. 
Martinez. 1-1. L— F. Cordova 1-1. HR— Los 
Angeles, Mondesi Ml. 

SATURDAY'S un seeui 


TJJWaitiews (7). Rasas (8), Ludwidr (8) 

and UrnipMn, Shaotfer (9}- w—R. Garda 1 - 

0 . L — Stattfemyie. 0-1. Sv— B. Wopner M. 
HR— Houston. Boswell (2). 

Montreal 030 010 202-8 14 3 

Cotorodo 440 202 00K-12 13 1 

Bui linger, M. Vrides CO, H emrenson (5), 
D. Veres (6], LSmtth (81 and Fletehen 
Wright, Butte gbj, Leskanic (9], Dlpato 19} 
and Manwcrtng. W— 1 Wright 2-0. 

L— BuIBngnr, 0-2. Sv— Dfpata (I). 

HRs— Montreal R White CD, Segul (3). 
Cotoroda Castflta (5), LWadcer (7). 


leOWBST DtVKKM 


Phoentx 
LA Lakers 


23 23 22 30— 90 

24 2» » 34-114 


»-SL Louie 
K-CNcago 


35 35 11 81 233 238 
33 35 13 TV 218 200 


Japanese Leagues 



W 

L 

T 

Pet 

GB 

Ydfcufl 

7 

2 

— 

778 



Hiroshima 

4 

4 

— 

500 

2-5 

Hansffln 

4 

4 

— 

500 

25 

Ywnkiri 

4 

5 

— 

444 

00 

Yokohama 

ChunkM 

4 

5 


444 

00 



W 

L 

Pet 

GB 

P: Johnson 7-175-0 2a Chapman 6-189-12 

Toronto 

30 44 8 

60 230 

273 

z-Dtoh 

60 

17 

779 

— 

ia- LA: (TNeal 12-22 0-3 M, Van Exd 10-18 


PACinC DIVISION 


x-Hauston 

53 

25 

479 

7ft 



W L T 

Pt» GF 

GA 

x : Mlnnesaki 

3B 

40 

487 

22 ft 

Los Angeles 58 KTNeto Horry 11). 

zrCokorado 

49 23 9 

107 275 

201 

Dallas 

23 

55 

595 

37ft 

Asrists— Phoenix 21 (KMdlOJ.LosAngtees 

x-Anahefan 

36 33 13 

05 245 

233 

Denver 

20 

50 

556 

40ft 

25(VanEnl9). 

x-Edmonton 

36 37 9 

81 252 

247 

San Antonia 

20 

58 

556 

40ft 

Goktea Slate 21 30 14 22- 07 

Vancouver 

35 « 7 

77 257 

273 

Vancouver 

13 

67 

.163 

40ft 

Sacramento 23 27 27 20— 97 

Crdgray 

32 41 9 

73 214 

239 

mcfftcomsioN 



&5-’ Sprawl 0-166-6 24 Ftatar 3-64-6 IB 

Las Angstes 

27 43 11 

65 210 

266 

x-Seattta 

54 

24 

492 

— 

Muflto 1-6 7-9 Id 3: Rktimand 9-13 2-2 24 

San Jose 

27 47 0 

62 211 

278 

x- LA. Lakers 

53 

25 

479 

1 

WBBamson 9-18 46 22. Rehounds-Gakten 

(z-cKiiched conference tttts) 


x-Parttaml 

46 

33 

5S2 

8 ft 

State 55 (Fuder 13). Saanmanto 57 

(ycBnctred (Srislonfflte) 


x-FTioenbt 

» 

40 

487 

16 

(WDtaraan 13). Asshda— Golden Stale 11 

OKOnriwd piayaff berth) 


LA. Clippers 

35 

43 

449 

19 

(Sprewaa Price 4), Sacramento 29 (Hurley 

nuwBf'i mam 


Saaomenta 

32 

46 

410 

22 

11 ). 





Golden State 

29 

49 

572 

25 

SWmMT'tKUDUl 

Hurtfnd 


1 1 

2—4 


Cz-dfetcfied conference title} 
(y-dndwd dMsIan ffle) 
(x-cUnched playoff berth) 

TODAY'S RMULTS 


SATURDAY'! RUMTS 

Yomlurf 1 Hnnshln 2 
Hiroshima 14, Yokohama 8 
Yrinfl 5, Chunktt 1 

SUMtAY'S RESULTS 
HanoMff 5, Yonriuri 0 
Yakult 8, ChunkJil 2 
Yokohama 4, Hiroshima 3 


TODAY’S UM SCOWU 


AMERICAN LEAOUE 

Chicago 180 100 110-4 7 0 

Detroit 011 201 DOS— 5 7 7 

Drabek. C Castfflo (4), T.Castfllo (7), 
Levine (8) and KarfcoviDB Ofivares, Soger 
(7). M. Myers (8J. Taj ones (B3 and Writech. 
W— OOvares, 1-0. L-Drabek. 0-1. 

Sv — ToJones (2). 

Anaheln B20 100 000-3 7 0 

Oer tl Wtt 060 060 21*— IS 20 1 

GuUcza Haaegawa (2), May (SI. Harris 

(7) and Fabregas; Ogea Mjadaon (8) and 

Alomar. W— ogea 2-0. L—Gubkm 0-1. 
HRs— Oevelona Mtiehel (4), Ramirez (2). 
Seallie 021 000 110—5 12* 

Bostna 000 101 010—3 61 

Johnson Ayala (7), Chariton (9) and 

WDsonr Arery, Cord U). Henry (7). Mahomes 

(8) . Siocumb 19} aid Hasetman. 

W— Johnson, 1-0. L— Avery. 0-t. 

Sv— Cbarltan CO. HRs— Seattle. A. 

Rodriguez (2}. Boston, VrienHn 2 CO. 
Oakland 000 000 Ml 002-3 7 0 

New York 000 000 100 000—1 7 0 

Moffler, Lents (7), Taylor (91, Small (TO) 


AMERICAN LEAGUE 

Seattle Ml 000 000 4-5 7 0 

Boston 1M 000 OR 0-1 22 

Fassero, Chariton (10) and Da Wilson, 
Mmano (10): Wasrfln. Trficefc (8), 
Hammond (9), Corel 19), Mahomes (10} and 
HasehnaiL W— Fassem 2-0. L— Corel 0-1. 
Minnesota 3w era ast-ll 12 a 
Kansas City 100 030 011—6 12 I 
Radke, R9diie (5). Naulty (7). Guardado 
IB) and Stefaibadu Belcher, J. Morrtgomerv 
(7), Jocome (8). R. Veres (B) and 
Ml .Sweeney. W— Rhchte. 2-1. L— Belcher, 1 - 
1. HRs — Minnesota. Meares (21. Kansas 
aiy, Cooper (1). 


W L T Pet GB 
Kintetsu 4 T 1 500 - 

Driei 5 2 — 714 — 

SeUju 4 3 - 571 1J> 

□rix 

SAIUKDAY'S RISU1TS 

Khitetsu 0, Nippon Ham 2 
Selbui Lotte 1 
Orix 2 DaW D 

SUNDAY'S nSDITI 
Kintetsu 6. Nippon Ham 2 
Lot»6. Selbu 5 
Dale! & Orix 4. 


BASKETBALL 


NBA Standings 


ATLANTIC DIVISION 


NATIONAL LEAGUE 


W 

L 

Pet 

GB 

Florida 000 Ml 880 0-1 4 2 

y-Mtaml 

59 

19 

756 

_ 

andnoti 000 010 0M 1— 2 8 1 

x-New York 

54 

24 

692 

5 

K- Brown. Cook (8), Helling (9) and Zmm; 

x-Ortando 

44 

34 

564 

15 

Morgan. Beflndo (61, RemOnger (6). Shaw 

Washington 

40 

38 

513 

19 

(8J, Carrasco (10) and Forayce. 

New Jersey 

24 

53 

512 

34ft 

w— Carrasco, 1 -0. L— HeiUng, o-i. 

PhikuMpiKa 

21 

57 

569 

38 

Amato 000 100 001—2 8 4 

Boston 

14 

65 

.177 

45ft 

Chtcogo 000 001 000—1 5 2 

CENTRAL OIV1SKM 



GMaddm Bieteasl (82, nwriens Wan d E. 

z-CMcnga 

68 

10 

572 



Perez. J. Lopez (9); MufiradamL Patterean 

x-Aitanta 

54 

24 

-692 

M 

(8). Rotas (9) and Servote. W-Bteledta 1-0. 

x-Chartatte 

52 

26 

667 

16 

L-Pattereon, 0-1. Sv-Wohlen (4). 

x-Detroit 

51 

26 

662 

16ft 

Houston 2*1 004 000-7 6 0 

Oevdand 

40 

38 

513 

28 

SL Lords 020 003 000-5 80 

Indiana 

38 

40 

687 

30 

FtGarda Uma 16), Martin (6), B. Wagner 

Mflvnulcn 

30 

47 

■390 

37ft 

(B) and Eusebio: Stantemyre, Frascatore (6). 

Toronto 

28 

50 

-359 

40 


dwHaad 28 15 18 26 14—101 

Boston 17 24 34 22 16—103 

C: Brendan 10-21 10-11 31, HW frB 6-10 T& 
Sura 5-12 6-7 IBS B: Day 10-20 4-7 30, 
Wesley 

7-14 7-10 22. RriMreds— Oeveiand 55 (HW 
12), Boston 47 (Fax f). Assists— aevekuid 
20 (Brandon 11), Boston 25 (Wesley 8). 

New Jersey 18 26 14 32- 90 

Wa s M n glaii 33 22 36 18—189 

HJ 4 tomes 9-20 0021, Masscnburg 8-13 
2-7 ID W: Hawart 8-14 5-7 21, Murray 7-144- 
4 19, Webber 9-10 041 19. Rstaotreds-New 
Jersey 69 (Massenburg 10), Washington 48 
(Webber 8). Assists— New Jersey 15 
UUackson 4}, Washington 27 (Striddmd 
IS). 

Atlanta 36 27 19 22-104 

Inuasa 22 25 24 21— 92 

A: Smith 0-12 6-6 23, Blaylock 9-16 0-0 231 
Laeflner9-151-2 2ft Mutomtn 6-1 1 B-10 20c I: 
ROW 10-14 0-0 21. SmM 7-12 2-2 16. 
Rebounds— Attonto 27 (LneJtner 9], Imflona 
38 (D.Davis 6). Assists— Atlanta 21 
(Blaylock 10), Indiana IB (Jackson 8). 
Charlotte 18 23 » 23—93 

Detroit 16 34 19 16- 85 

C Pierce 0-14 2-2 2a Mason 9-16 5-7 33s D: 
Demurs 0-19 2-2 21, KB 7-13 6-9 20. 
Rnbonds— ChariaOe 52 (Maaoa Geiger, 
DeDc m Denwt 35 (HBI 14). 
Assists— Owitttte 16 (Mason 5), Detrob 17 
(HH1 10). 

PhBatMptlla 32 24 33 29-118 

MBmnkm 24 29 32 41-126 

P: Iverean 16-28 9-11 44 StoeMiouw 6-17 
13-1 5 26; M: Rabbtsan 1 4-22 9-11 JB Allen il- 
ls 2-4 27. Rebounds— PhBodeipMa 48 (Cage 


New York 21 17 30 25-100 

Miami 20 18 » 33-99 

N.Y_- Ewing 7-13 11-11 25. Houston 7-104- 
5 19! M: Hantaway 9-196-72B Lenart 9-1 72- 
2 24 Rebaands— New York 43 (Ewing 10), 


11). JVUtonukM 54 (Baker 11). 

Aaisis— PhBadetpMa 24 (Iverson 71. 
MBmufcee 22 (Douglas 6L 
Ho uston 20 19 28 16— B3 

Utah 30 22 27 25-104 

H: Otojuwcn 5-1 0 9-10 19£8e 3-7 64 11 U: 
Malone 9-19 10-13 2& Russell 7-11 W 19. 
Rebaands— Houston 60 (WDBs 10). Utoh 59 
(Malaae 13). Assists— Houston 14 (Drtsler 
4). Utah 24 (Stockton 8). 


Miami 41 (Austin 8). Assists— New York 10 
(Johnson 5), Miami 22 (Hardaway 9). 
Switle 32 26 )9 79- 96 

SmARMo 24 22 II 24—91 

5: Kemp 6-9 11-17 2 3, HawMns 5-9 10-12 
21, Payton 9-22 *4 21; S A: Johnson 7-9 24 
17, Negro 6-18 1-1 15. Rebaands— Seattle ST 
(Kemp 12), San Antonia 58 (Fnidt, Perdue 
12). Assists— Seaffle 15 (Payton 8), San 
Antonia 25 (WWdn*. AlmonderS). 

Indian 23 31 25 21— IN 

Toronto 25 23 19 22— 89 

I; Srrdts 11-23 1-2 73. A Alter 6-10 5-6 20; T; 
Stoudambe 6-16 7-9 22, «0flets 5-10 7-9 
1 7 Jlsbouads— Indiana 52 (DJlavis m 
Taranto 56 (Janes, Rader). Assists— Indiana 
29 (Jackson 15). Taranto 22 (Staudandre 
) 1 ). 

Boston 23 19 30 26- 98 

Orlando 27 35 25 34-121 

B: Walker 1 1-23 0-0 25. Day 6-1 8 3-« 1 7; O; 
WIIMn! 9-15 1-2 22. Graitf M3 W 21, Sefluty 
S-16 5-6 21. Rebounds— Boston 55 (Day II), 
Orlando 57 (Seftalr 19). Assists — Boston 20 
(Wesley 71 Qriatldo 32 CHcrdawoy 7). 
Wastdogtoa 21 35 21 20- 97 

drertottn 26 29 22 22— 99 

W: Webber 1 1-20 2-4 2& Strickland 6-1 4 4-4 
16; C: Dtvac M4 3-4 21, Pterae 8-15 1-2 2a 
Rnbanadi— Washington 50 (Webber 91. 
Owriatte 47 (Mosoa Dtvnc 9). 
Assists— Washington 27 (Striddand 81. 

ararioBGl8 (Deft 5). 

PW cd etp h lc 23 26 31 38—118 

ClevHand 34 32 24 35—125 

Pitvwson 17-3211 -18 50, Stocawuse 5-15 
10-1 1 2KC MIBs 8-177-8 2& Brandon 5-149- 
9 22. Sara 7-10 5-10 20. 

Refaoonds-PMladelphki 51 (Davis 10), 
Cleveland SO (Lang, HBI 8). 

AssMs— FhRnMpftia 17 (tveisoa 61 . 
OeuekBid 33 (Sura 10). 

Ariosto 19 25 17 19—88 

Minnesota 17 10 19 20-46 

A: Srrilh 5-13 12-12 25, Henderson 44 5-10 
13; M: Garnett 9-1 V 3-4 21. Gu^aRa 4-13 7-8 
15. mboun ris - A Honto 61 (Laettner T3L 


ADVERTISEMENT 


Memorable Moments from Johnnie Walker: R\T)ER CLP with Rvrnunl Odlucher 



va 

s , . COMpe T&INTkc 

■ ■ ’ AG£P20J£ OPENED 

FomAiimz^ jr 
WtfHFMNERrEftZ & A 




1977 - FALDO MARKS THE START OF A BESURG ENCT; IN EURQPEAN EHA. 

Whom inA H- Snmms. [ksimd & Itimated by Otuy T" ‘ e ' 1 - - ,u *“ ' *- 


*97| 

JOHNNIE WALKER 


Minnesota 51 [Gamrit 151. Asrfsts— Aflontn 
IS (Laettner 6L Minnesota 14 (Porter 4). 
Vonc cu ver 28 25 w 24-9* 

Dallas 26 16 17 26-85 

V: Abdur-Rahim 12-27 3a Reeves 8-16 
2-2 1ft D: BrwSey M3 2J 2a Ftriey 7-19 2-2 
IB. Rebounds— Vancouver 53 (Abdur-Raldm 
17). Dallas 38 (Bradley 13). 
AssMs-VtoKower 26 (Moytwny W, DeDos 
15 (Pack 6). 

Demur 31 19 17 27— 94 

LA.OPPBS 29 21 35 31-116 

D: EHls 9-122-2 21 McDyesS 7-308-10 22; 
LAj Rogers 1 0-1 6 1-2 26. Wriph) 10-14 3-3 23. 
Rabamds— Denver 44 (Johnson 171. Los 
Angeles 46 (Wright 14], Assists— Denver 13 
CGridNfre, SmOh 3), (os Angeles 25 (Bony 
0). 


HOCKEY 


NHL Standings 


Utar Jersey 

x-Ptufarridphia 

x-Flotlda 

x-N.Y. Rangers 

Tampa Bor 

Wbshlngton 

N.Y.btonders 


104 

101 


y-BoSala 

s-PIltsburgh 

*Qno*in 

x-Monlreri 

Hartford 

Boston 


ATUumc unnsiOH 
W L T PIS 
45 22 14 
44 24 13 
35 28 19 
38 34 10 U 
32 » 10 74 
32 40 9 73 
29 41 12 70 

NORTHEAST HVmON 

BLIP* 
40 29 12 
38 35 8 
31 36 75 
31 36 15 
31 39 11 
25 47 9 


GF GA 
227 177 
269 213 
221 201 
258 231 
m 745 
206 22S 
240 250 


GF GA 
234 200 
282 273 

226 234 
249 276 
224 255 

227 297 


CENTRAL OMSK* 

W L T PB GF GA 
y-DoBas 48 25 8 104 25Q 193 

x- Detroil 38 25 18 94 252 194 

x- Phoenix 38 37 7 83 240 2G 


H.Y. Wooden 3 2 0-6 

Rrst Period; H-Kopanaa 12 (Primau) 2, 
NY. Smollnskl 27 (Retetret Hauda) 3, NY, 
Lapointe 12 (Planto) 4. NY, Green 23 
(Andetssan, McCabe) (pp). Scasd PiriM: 
H-Koponen 13 (PttneoU) (ppL 6. NY, 
RaWwl 20 (Pamy, Band) 7, NT, Lapointe 
13 IWbod) (sW.A NY, R8kM21, fth). 7»d 
Period: H-Rkx 21 (Kreiv Emenon) 10, H- 
Knui 10 (King) Shots or goto H- 8-1 G14— 32. 
NY 14-7-5-26. Goafcs: H-Butta Muzxaflt. 
NY, Fkhaud. 

Tanpa Bay 2 1 1—4 

N.Y. Hangars 8 2 0-2 

First Perioto T-OccareB 24 (Hororiffc 
Zamuner) ZT-LmgfBw IS (Wtenrer) Second 
Pertatt NY, Bag 8 (MessJer) (s«. 4, NY, 
Graves 33 (Leetdv Driver) (pa). & T- 
Zamuna' 17. Criri-TfeM Perted: T-Grattan 30 
Crammer) tan). Shots m goafc T- 12-72- 

9— 33. NY 8-1G9— 27. Goafles: T-Tabarocd. 
NY. Richter. 

Boston 0 B 0-0 

New Jersey g 2 0—2 

rt_ it fleilnili Umto f timhI n^.-e tll i u | 

■ 1IW rusDB PlOfIC- MCOM rHHHL NUr 

HoOk 22 (Guerin, ParnMfa) 2. NX- 
Andreychuk 27 (ThamoG Pederson) Thhd 
Period: None. Shots an goat B- 9-7-10-26. 
NJ.- 13-12-8-33. GeataR B-Gorey. NX 
Brodeur. 

PMstongh 10 1-4 

Florida 1 1 2-4 

First Peried: F-NMernreyar 14 (SveMg, 

Gorpentov). Z P-Nedvnd 33 (Daledrio 
Otctyk) S ec o nd Period: F-Shqppotd 29 
(Dvorak, Molar) Third Period: F-MidbrKi 
ISheppaid, Javrarevsld) (pp). & P-Lemleux 
50 (penalty siren 6, F-, Hub 10 (SveMa, 
FRzgerakD (en). Shots on goat P- 104- 
14-31 F- 11-13-11—35. GradtaR P-LaDme- 
F-VMriesbraudL 

Ottawa 1 1 1—3 

Detroit 8 0 2-2 

First Period: O-Lomfaat 4 (Bonk. 
Duchesne] Second Period: O-Yostatn 35 
(BJcanefc McEaetaun) ThH Period; ty 
Fedorov 30 (Kariov, Kanstonrinm) A D- 
Lnpofnte 16 (McCarty) & O-Redden 6 
CZhotfcdO Sbatsongoa(:D-ll-6-0— 25.D-9- 
11-9—29. GeoBer: O-Tugmitt D- Vernon. 
Odgay 2 ■ 1—8 

Chkogo 1 5 1-7 

First Patott C-Zhannav 18 (AmonM) 2, C- 
. Gavey 8 (Titov. Feathaatone] (pp). 1 C- 
TBw 22 (Hoghmi MchmW tap)- Secead 
Period: G-Zhamnav 19 (Qnn VMnridi) 
(pp). & C-5tmb 8 (thne) & C-MBtor 13 
(ShantzJ (ah). 7, C-Zbomnov 20 CAmonte, 
Wetorich) (pp). a C-Ooze 19, Thtrd Period: 
C-NUBerld (Syfcora, Pnbert) iac-Gogner27 
(AtbeBn, Fleury) (ppL Shots m goal: C- 12- 

10- 13-35. C- 14-13-7-34. Cette: C- 

Raiasatv KMd.C-Hockett. 

rreeroda 1 1 0—2 

Dote 8 0 1—1 

Rrst Period: C-Farsberg 28 (OznOmh) 
Second Period: C-OznOnsh 23, (pp). Third 
Period: D-Letdinen 16 (Adana Zobov) (pp). 
Shots Of goals C- 5-104-17. D- 17-1?- 
17-39. Goota: C-Roy- D-Moog. 

J 2 2-6 
8 2 0—3 
Phoenix, Jramey 15 
(Tkaeliuk, Roenlefc) (pp). 2. Pboentx. Drake 
17 (Roentck) (Hi). Second Period: E-Smyih 
38 (AM01L Waghfl (pp). 4, Phoenix, 
Tknehuk 52 Urai ney, DMudd & E-. Undgron 
11 (Bucbbageri lsW.6. Phaodx. Roenk*» 
(Tvenkwsky, KlrebSxitbi) (pp). Third Period: 
PnoBBbc, Cakun 9 (Mom (sto. a Phoenti, 
5tapteton 4 (Korolev, Tvertonfcy) (pp). 
Shtt oagoeh Ptwenbcli-u -8-aa. E-11-12- 
8-31. Goafies: Pttxmtx, Khabtaukn. E- 
Jaseph. 

Anhtkn 4 0 0-4 

Son Jon a 3 0-3 

Pint Parted: A-Sakmne 51 CMfroncn, 
Dokpteaum (pp). Z A-TrabB 3 (Sekmna 
RutcWn) 3, A> Kortyu 43 (Karpa. RuochM) 4, 
A-Karlya 44 (MMaav) Second Period: 5J.- 
Hmrgood 4 4 SXKwfc* 16 (PWtorMn, 
Ratted 7, SXDononn 9 (Tucona Kraapa) 

ThU Period: None. Shots es mni: A- 12^4- 
7— 23.SJ.- 13-11-12— 36. GooBraA-Hcbert 
5J,4=lqherty, Hinder. 


McEochem) Shell en gordt B- 48-3— 17. 0- 

9- 7-18-34. Oeaflera B-HasetO-TUgnutt. 

PNknWpWa 111 M 

Mradracl 1 1 1 8-^1 

PM Faiott M-Katvu 1 7 (Recchl, Conan) 
Second Period: p-BttKfAmaiir26 CTharien, 
Fritaord 4 M-Stevemon 8 (Snags 
Thornton) 4, P-Klatm fftoslorfflns, Ptawafl 
(pp). Third Parted: P-Prospol 5 (LeCkdi) 4 
M-Oomphousaa 27 (QuhitoO Ovcritoia: 
Nona Shots es gad: P- 12-B-0-5-33. M- 13- 

15- 12-3— 43. CraGes: P-Saow. M>ThBMUE 

NYlstondan 0 0 2—2 

Wostongtoe » 4 2-0 

nnt Parted: None. Socmti Part e d. W- 
MEar 10 Uomiubii) Z W-vtohratsaon 6 
cerates) a w- Hunter 14 (RaekJt, Mlfcrt 4 
W-Berube 4 (Cota, MtottNn) TMPartod 
NY, SmoflnsM 28 (Koado, RbMnO Cpp).4 
W-Bontto 45 OCommkindE, Cote) 7, W- 
KomlnsUl.a NY, Hughes? (Rome, Houcto) 
Shots Ml gaol: NY 5412-22. W- 13-15- 

10— 38. Gordies: NY, Rchaud. W-RanSord, 

Calgary 1 a 0-1 

Tomato 1 T 2-4 

FM Parted: T-Sumfin 41 (Borato, Potato) 
Z C-Bouchanl 4 (McCarthy) Second Poriafe 
T-YUshkevkh 4 Thlrt PariadrT-BefSdn 25 
(Suite JJmBh) 5, T-Clnk 30 (Mocam, 
Wtorrina) tan). Shots aa gaak G- 13-10- 

16- 39. T- 7-04-20. Godase C-RohMoiL T- 
PoMn. 

Star Josa 10 0-1 

LKAagetsf 2 11—4 

not Parted: LA-Nhrisllch 19 (Murray), a 
Son Jose, Pritonen 2 (Kropa) z 1_A_- 
Boudrer 6 (Ferrara Murray) (pp). Second 
Period: LX-Boudw 7 CFenonv Khrtstld)) 
TfcM Rate d: UL-Numbren 16 (Tsyptatov) 
Shots on goat sx 411-10-27. LX 94 
20-35. GoMtos: SJ.-Hnidey. LJLStofr. 
CduNBleu 1 1 2-4 

VOacuurer 2 3 0-4 

Rrst Parhxfc E-SBryBi 39 (Buchbargsr). Z 
V- Brasheor 7 (SHDnge& Noonan) a v> 
BnaiKO’8 (Stoioa Wriktr) saceod Peried: 
V-Ge0nas35 (Lunnne,Goboiios) (pp). 4 V- 
Noslund 20 (Ridley, StokO) 4 V-Nostund 21 
(Roberta States) 7,E> I n tenwav u 1 (KBhn, 
BuwWart Thhd Potad: E-Anatt 19 
(Weight) (pp). a E-Weight Z1 (McGOs) 
Shots ea goto: E- 11-20-14— 45. V- 840-25. 
C i nBerr E-Jotaptv Ewtreto. V-McLeon. 


ASIA 73M. GROUP 3 
United Arab EranaetX Bahrain 1 


CYCLING 


KuwAoubuxIImk 


loUfcrfl roeulte Srantoy ef the 2—444 • 
loraetor P nr tefl ouDehcyctaiBmeail.Fiat- * 
eric Guesdon, Franoatae dasJeux, Fronav 6 
haua 38 raBMita, 10 aeoondv 2S Jo Phnckp 
oat Lotto Belgium, same flaw 3, Johan * 
Musaeuw, Mopot BaJotum. %ls a. Andrei ‘ 
Tcftmfl, Lotto Russia, sJji DavMeCanreh ' 
to Salgna Holy, %ts 4 RaH Sorenson, • 
Rdbafaatik, Dananrk, sir 7, MarCWbutsre, 
Lirfto Brigtanii si; a Fradsrlc Monaissta ■' 
GAM Fiaac* sJj 9, Ratt Akteg, TWeknrt^ 

Germany. W seconds behtorb 10. Herd: Vb> 

goto GAN, Aurirala, 7S, seconds behind. 


AUTO RACING 


Ahoentmiah Grams Pmx 


Loading reeuBa In the Ai gwrthda n Grand ■ 
Prtx, In Buanos Ahaaon Simdnjr: 1, Jacques ' 
VEawuwb Canada, Wflnams-Renaod lhr 
52mfri5 01 JlSseau 2. Eddto Irvine Harttiem 
Irrianrt Ferrari at 0979sec a Rolf Schu- 
nrediar, Ganretry. Jordon-Peugeat 11089; 
4 Johnny Herbert Great Britain, Saubec 
2951 9fS, Mia Hafcktoen, Rntand, McLarenj 
Mercedes, 3QJ51; 4 Gertrerd Berger, Austria 
Benetton-Renoult, 31-3S3J 7, Jean Alesl 
France, Benetton- RenouC, 46359: & MBte 
Sato Finland, TVnefl-FonL one hqB 9, Jama 
Tram, Haty, Mbrardl-Har% one kqs 1& Jan 
Mapnossea, Denmark, Stawari-Fard she 

taP 5 - •> 


TENNIS 


. Hi HONG HONS 

TWAL 

MWioef Chang GL US, leads Patrick Rofla' 
(5), Australia, 4-5. 5-3 140-15) 

Rate stopped play. .0 



nr OEm as. PorrTDQAL 

RflAL 

Alex Conefla (6), Spain, deL Frandsco Oava- 
(73, Spate, 43, 74. 


Oieieea 1 WJmbtedon 0 
MkktesbraughlQws*eriteW3 


PINAL 

Strasbourg 4 Bordeaux 5 (after penalties) 
milAM TOST DIVISION 
Atokmta 1, Botogna 1 
Juvenlus a Udbrese 3 
NopoB 1, Oraflrat l 
Pkxxrm 1, Ftarodkia 1 
ReggtanaaviceraaO 

i LU rbO 


WMADRAS.HDW 
PWAL 

Mflaei TBstrarn (6), Sweden del Alex Rad: 
utaKuCS). Germany 44, 4-4 7-5. ._ 

HWMBilUMMPinW 

IH FLORIDA 


ffWNWALU 

Uldsay Davenport (6), US, del Amanda Co! ' 
«»n2), Sauffl AMca, 74 42? Mary PteroT 
01), France, del. hro MataB (Bk Creafla, 24 
74 7-6 (5). 



IIS Masters 


Rada JC KerlMide 4 Sparta Raltentom 1 

Fortune Stored LAZAflanaarO 
VBesse Arnhem i, Vkdendam 1 
Utredd Z Heeremean 2 

Gntrisctoto Goeftidiein 2, NAC 2 

TWeote Enxbtde a Granbigeo l 
WBem u TBMiig a Feyenooni 2 
PSV Eindhoven 2 AJox Amsterdam o 


LMhig wroras Sehmtey 

rowd at ttw dir* 2^ mtokm 

LB2ag*rd. p*m Augusta 
Ckfe 

Tiger Woods 

Cestgnttno Rocai 

Pout StndrowsU 
Tamwatson 
Tom rata 

JcJTSiuinan 

Cnfln Montgomerie 
Eratess 
FredcouptoF 
Jose Mato CHazabal 
Love, III . 


the toted. 

Heitors on tbe 
IWtarel Getf 


7446- 65 — 201 

71- 69-74^71 
60-74-69—21 
75-6049—21 
774M6— 312- 

7447- 72-233 

72- 67-74— 2IJ 

73- 70-71— ZU 
7245*-73r-2)4 

71- 70-74—215 

72- 71-72-115 


1/ 


Arsenal 2, LclcesierO 
B todijura Z Mmdiester Unfled 3 
Derby Z Aston Vfllal 
Evertan l.TWtenharoQ 
Sortwnptofl z West H am a 
StreffloW Wednesday 1, Newcastle l 
Sunderland 1, Liverpool 2 


Supkk 12 


BausstoOamiwid2 

SOM0»1,W»rt8f Bremen 1 

VfB Stuttgart 5, Hansa Rostock 1 

Bayern Munkni Cologne 2 
AtmtoiaBleleMdl, Hamburg l 
BajwljwrtoaflaiKartsreheT 
Bodum aForfuno Dueneklartl 


*taW3aWdBaih»ailetol5. • 

Caulang Lkxts 14 NarihranTnmsv«816 * 
^taWngton 47, Queensland 29 
N0W South Wales 34 Free State 11 
®*N» HlghkJndets 37, Cart. Crasodere 29.- •• 


Cam 2, Baalkr 2 


Botfoie 0*0-0 

Ottawa 0 o l—i 

Nrst Period: None. Secmd Period: None. 
ThW Period: OUudme (Yashin 


Tampa Bay Z Kansas CBy 1 

ESSI?S, , " Enta " 

Son Jose 4, Los Angeles 1 

wo **»bW«U*AUFYHSa 


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s°wth Africa detAusbado by Wraps 
AasbaBawto series « ' 

irmonTNua . 

BAfKBJUMBHYS KBran - , ' 
SUNDAY, M KOALA L1XB>UR ■ * 

Kenya Irnring*; 241-7 (50 owre) 

Ba^Ddesh bedngs 166.(25 avaaiBriHA' 

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SPORTS 


Last-Minute Goal 
Saves Underdog 

Chelsea Reaches FA Cup Final; 
Chesterfield Lives to Fight On 


frr C*lir Sajff ram Dupji. -hn 

Chesterfield, ofthe English 

second division, scored in ihe 
I'-final minute of extra time on 
‘“Sunday to earn a 3-3 draw 
with Middlesbrough in the 
FA Cup semifinal in 
Manchester. 

Jamie Hewitt, Chester- 
field’s right-back, scored 
with a few seconds remaining 
after 1 0-man Middlesbrough 
had first fought back from 2-0 
down to force extra time and 
then taken a 3-2 lead after 100 
minutes. 

Like Chesterfield, Boro, of 
the Premier League, has nev- 
er reached an FA Cup f inal It 
lost Vladimir Kinder, a Slov- 
akian defender, who received 
a red card, in the first half of 
dormal time then fell 2-0 be- 
hind before fighting back. 

Just eight days earlier, in 
ythe final of the League Cup, a 
far less prestigious English 
cup competition. Middles- 
brough had led Leicester 1-0 
with three minutes left in ex- 
tra time but concede a goal 
and tied 1-2. 

That replay will be on 
Wednesday at Hillsborough 
stadium in Sheffield. Hills- 
borough will also be the site 
of the FA Cup replay. 

Chelsea had a much easier 
time reaching the FA Cup fi- 
nal with a 3-0 victory Sunday 
over Wimbledon at Arsenal's 
Highbury stadium in north 
London. 

•" If Middlesbrough gets 
through, the May 17 final at 
Wembley stadium could fea- 
ture five Italian players. 

Ruud Gullit, Chelsea’s 
Dutch coach, will become the 
first manager from oustide the 
British Isles in the final of the 
126-year-old competition. 

Middlesbrough fell behind 
2-0 to goals by Andy Morris, 
in the 54th minute, and a pen- 
alty by Sean Dyche in die 
60th minute. 

. Italian Fabrizio Ravanelli 
made it 2-1 in the 64th. Craig 
Hignett leveled with a penalty 
in the 70th. In the 10th minute 


of extra time Boro's other 
Italian. Gianluca Festa, hit 
home in the 10th minute. 

Chesterfield, who ap- 
peared to have a perfectly 
good second-half goal disal- 
lowed. deserved their draw, 
which rekindles their hopes of 
becoming the first team from 
outside the top two English 
divisions to reach the final. 

At Highbury, Two goals 
from Marie Hughes, who will 
be appearing in his fifth cup 
fi n al, and one from Italian 
striker Gianfranco Zola se- 
cured Chelsea's place in the 
final and sent Wimbledon to 
defeat in a s emifinal for the 
second time this season. It 
also lost to Leicester at this 
in the League Cup. 
the Premier League, Liv- 
erpool bounced back from its 
3-0 Cup Winners Cup loss to 
Paris St Germain to beat Sun- 
derland 2-1 and keep up the 
pressure on English league 
leaders Manchester United. 

Liverpool went 2-0 ahead 
with goals from Robbie Fowl- 
er and Steve McManaman 
and a Paul Slew an header was 
insufficient to saye relega- 
tion-threatened Sunderland. 

Newcastle and Sheffield 
Wednesday stayed in fifth and 
sixth places respectively after 
a 1-1 draw ar Hillsborough. 

On Saturday, Manchester 
United they beat Blackburn 
3-2 in a pulsating match. 

Blackburn, the only other 
club to win the premier league 
since its inception in 1992, 
gave United a scare in the dy- 
ing minutes when Paul War- 
hurst scored Rovers second 

United survived a penalty 
miss from Eric Cantona, 
whose weak 22d-minute lack 
was easily saved by Tim 
Flowers. 

Andy Cole gave United the 
lead and then set up goals for 
Paul Scholes and Cantona. 
Arsenal, which is in third 
place, kept pace with 
Manchester United with a 2-0 
home victory over Leicester. 

(Reuters. API 



Parma’s Fabio Cannavaro, right, leaping in to tackle Roma’s Abel Balbo. Parma won to close in on Juventus. 

10-Man Udinese Ambushes Juventus 


Catrded (y (V Sufi F ran Popan+a 

Juventus, the leaders of 
Italy’s Serie A. took on mid- 
table Udinese at home, was 
awarded two penalty kicks, 
played for nearly 90 minutes 
against 10 men and lost, 3-0. 

The upset allowed Parma, 
1-0 winners at Roma, to cur 
the European Cup holders' 
lead to three points. 

ft was Juve’s first defeat in 
16 matches and its first in Tur- 
in since it lost 3-0 to Samp- 
doria exactly a year ago. 

Udinese 's Regis Genaux 
received a red card in the third 
minute but the visitors look the 
lead in the 42d minute when 
Olivier Bierhoff was foiled. Ir 
was the first penalty whistled 
against Juvenms in Serie A 
since Feb. 4. 1996. Marcio 
Amoroso bear Angelo Pemzzi 


with the ensuing kick. 

Bierhoff headed in his 
ninth goal of the season in the 
46th minute, two minutes be- 


S. 


fore Amoroso closed a bril- 
liant individual run by beat- 
ing Peruzzi one-on-one for 
his 10th goal. 

Vied hit the crossbar with a 
penalty for Juventus in the 
52d minute and Luigi Turci 
saved a penalty from Zined- 
ine Zidane. 

shun Real Madrid re- 
mained top of the Spanish 
first division Sunday with a 
comfortable 2-0 victory ar 
struggling Logrones. 

Fabio Capeuo’s side is nine 
points ahead of Real Beds, 
which snatched an injury-time 


winner at Real Sociedad. 

Real Madrid went ahead in 
the first half when Victor 
Sanchez pounced on a defen- 
sive error and Raul Gonzalez 
took advantage of another 
blunder to wrap up the game 
after the break. 

NETHERLANDS PSV Eind- 
hoven beat Ajax 2-0 to remain 
top of the Premiership. Fey- 
enoord stayed second after 
winning 2-0 at Willem II 
Tilburg. 

FRANCE Strasbourg won its 
first domestic trophy in 18 
years when it bear Bordeaux 6- 
5 in a penalty shoot-out to lift 
the League Cup on Saturday 
after more than two hours of a 
final which stood goalless 
after extra time. Victory 
earned Strasbourg a berth in 
the UEFA Cup next season. 


GERMANY Bayern Munich 
increased its lead ar the top of 
the first division with a 3-2 
victory over Cologne on Sat- 
urday while challengers Bor- 
ussia Dortmund slumped to a 
3-2 defeat at lowly Duisburg. 

Two goals from Italian 
striker Ruggiero RizziielJi 
and one from Juergen Klins- 
mann gave the Bavarians their 
fifth win in succession and put 
them five points dear. 

VfB Stuttgart beat Hansa 
Rostock 5-1 with goals from 
their “ magic cri angle ' ' of 
Krasimir Balakov, Giovane 
Elber and Fredi Bobic. to 
move into third. 

Bayer Leverkusen is 
second. It beat Karlsruhe 3-1 
on Friday. Dortmund, bid- 
ding for a third straight ride, 
fell to fourth. (AR, Reuters l 


Unknown Wins 
Cycling Classic 


By Samuel Abt 

Inunu monal Herald Tnbun .■ 

ROUBADC. France — 
Every once in a while in that 
great bicycle classic. Paris- 
Roubaix. the preserve of 
champions, it happens: an un- 
known wins. 

It happened Sunday. Fre- 
deric Guesdon. a 25-year-old 
Frenchman whose biggest 
and only previous victory was 
in the bush league Hanbo 
Classic in February, Finished 
first in the Queen of Classics, 
as the 101 -year-old Paris 
Rouhaix is nicknamed. 

Guesdon. who rides for La 
Francaise des Jeux ream, 
emerged from the final rum of 
the sprint on the finishing track 
in Roubaix to pass first over 
che tine by a couple of bicycle 
lengths. He won so easily over 
the seven other riders in the 
first group that he had time to 
look” back over his left 
shoulder, kiss his fingers to his 
lips. lift his arms and coast. 

The Frenchman was timed 
in 6 hours 38 minutes 10 
seconds over the 266.5-kiIo- 
meter ( 1 65.5-mile) course, 
laced with 49.3 kilometers 
«30.5 miles) of rough cobble- 
stones along country lanes. 
The weather was crisp and dry. 
which meant the riders were 
smothered in dust along those 
lanes rather than the mud that 
covers them in rainy weather. 

Second in the sprint was Jo 
Planckaert. a Belgian with the 
Lotto team, and third was Jo- 
han Museeuw. the world 
road-race champion, the de- 
fending World Cup champion 
and the winner of Paris- 
Roubaix last year. Andrei 
Tchmil. the winner of Paris- 
Roubaix in 1994. was fourth. 

Riders of TchmiTs and 
Museeuw's stature almost in- 
variably win this race, as Ro- 
ger de Vlaeminck did a record 
four rimes. Eddy Merckx 
three times. Francesco Moser 
three times and Sean Kelly 
twice, all in the postwar era. 

But there are surprises. 
Dirk de Mol. a Belgian who 
never before and never after 
won a major race, was first in 
Paris-Roubaix in 1988 and 
Jean-Marie Wampers. a Bel- 
gian and a similar dim star, 
was first the next year. 


Thereafter the big names in 
one-day races rook over until 
Guesdon. ranked 243d among 
the world's professional 
racers, made his mark. 

“I thought my best chance 
to win would be to attack with 
200 meters to go. so that's 
what I did.” he said. 

Revealing who he is at a 
news conference, he reported 
that he turned professional in 
1995. rode for the Groupe- 
ment team that foundered in 
France after a few months, 
joined Polti in Italy last year 
and signed on with La Fran- 
caise des Jeux when it was 
formed this winter. 

"It's better for a French- 
man to ride in France." he 
said. His hobbies are fishing 
and calm, as in a calm life. 

He noted that he finished 
14th in Paris-Roubaix last 
year, thus catching the eye of 
Marc Madiot. the Jirecreur 
sponif of the new French 
team and twice a winner hint- 
self of Paris-Roubaix. 

Guesdon said be had two 
flats during the race, once on 
the cobblestones and once on 
standard road, and that both 
times he got another w’heel 
quickly. “If not . . ."he added, 
leaving the thought unspoken. 

For Museeuw. this was an- 
other episode in the legendary 
Curse of the Rainbow Jersey, 
which is said to afflict the 
world road race champion 
and which has plagued him in 
the first three World Cup clas- 
sics this season. 

Last month in Italy. 
Museeuw crashed just before 
the finish of Mi I an -San 
Remo. Last weekend in Bel- 
gium, he was run into and his 
bicycle dismantled just before 
the decisive attack in the Tour 
of Flanders. This rime he was 
twice stopped by flats in the 
last 40 kilometers as he rode 
at the front of the 178 riders. 

He. too. got another w r hee( 
quickly and was paced back to 
the front by such teammates as 
Stefano Zanini. who finished 
1 Ith. and Andrea Tafi. who 
was 19th. both 25 seconds be- 
hind the winner. But Museeuw 
was showing strain. What mis- 
fortune is next for him? He 
will find out in a week in 
Liege-Bastogne-Liege. fourth 
of the 10 World Cup races. 


UEFA Starts Wider Probe of Match-Fixing 


The Associated Press 

European soccer's governing body 
. is widening its investigation into cor- 
ruption involving top-level matches, 
UEFA’s president. Lennart Johansson, 
said in interviews published Sunday. 

Johansson told Swedish and Swiss 
; newspapers that an immediate priority 
e -j would be a S wi rzeriand-Turkey 
European Championship qualifier, the 
subject of a flurry of allegations. 

* On Thursday. UEFA upheld a life 
’ ban against a retired referee. Knit Ro- 
erhlisberger, for attempted bribery in a 
Champions Cup match in October be- 
tween Grasshopper Zurich and Aux- 


erre. “I fear that this is only the tip of an 
icebeig," Johansson said. "We’re do- 
ing everything we can to get to the 
bottom of it Affairs like this one take 
more and more of our time, and un- 
fortunately there's sometimes quite a 
bit of truth to them,’’ he said. 

During the disciplinary hearings 
against Roethlisbeiger, a former World 
Cup referee, other possible cases 
emerged — including one involving 
German powerhouse Bayern Munich. 

Speculation has focused on the fact 
that the referee in the Grasshopper- 
Auxerre match, Vadim Zhuk of Be- 
larus. also officiated at last year’s 


UEFA Cup final between Bayern Mu- 
nich and Bordeaux. 

Swiss media reports have concen- 
trated on a crucial T urkey-S witzerland 
European Championship qualifier in 
December 1994. The Swiss won, 2-1, 
on the way to its first ever Cham- 
pionship final appearance. 

The referee. Ion Craciunescu of Ro- 
mania, says he is totally innocent 
"We will launch an investigation 
into the Ttirkey-S witzerland match,” 
Johansson said. "I fear that what we 
heard this week,” he added, referring 
to the Roethlisbeiger hearing, "will 
not be the end of the stoty.” 


London Marathons End as Sprints 

Pinto and Chepchumba Win Races Decided in Final Stretch 



Uonr Sladki/Tbr toodiird Prm 


Antonio Pinto, left, and Stefano MaJdmi nearing the finidt 


The Associated Press 

LONDON — Antonio 
Pinto outsprinted Stefano 
raldini to win by two seconds 
end Joyce Chepchumba 
caught the defending cham- 
pion Liz McColgan at the fin- 
ish line to triumph by one 
second as the London Mara- 
thon produced two thrilling 
finishes on Sunday. 

The First four finishers 
bettered the 12-year-old race 
record and the first five ran 
their fastesr-ever marathons. 

Pinto, the 1992 London 
Marathon champion, won the 
26-mile, 385 yard (42.2 ki- 
lometer) race in 2 hours 7 
minutes and 55 seconds with 
Baldini second at 2:07:57. 
The world record for a mara- 
thon is 2:06:50, set by Be- 
lay neh Dinsamo in Rotter- 
dam in 1988. 

• Josjah Thugwane. the first 
black South African to win an 
Olympic gold medal when he 
triumphed in the marathon at 
Atlanta last summer, placed 
third in his fastesr-ever time, 
2:08:06. The fourth-place fin- 
isher, Eric Kimaiyo of Kenya, 
Clocked in at 2:08:08. All four 
bested Steve Jones’s previous 
London Marathon record of 
2:08:16. set in 1985. 

“This was the most ex- 
traordinary marathon race 
ever," Pinto said- ‘‘The race 
had a great group of runners 
and the warm weather helped 

to make it so good." 

Thugwane. called a otw- 
race wonder after his surprise 
victory at Atlanta, said he was 
. satisfied with his third-place 
'finish. "I thought during the 
race 1 had a chance of win- 
ning. but when Pinto came 
through, I knew I had run out 
of kilometers." the 5 -foot--- 


inch (1.5 meter) Thugwane 
said. "But I am very happy 
that I ran such a fast time.' 

In the closest finish ever to 
the women’s race, Chep- 
chumba caught, the defending 
champion McColgao in the 
final 20 yards (18 meters) to 
reverse the positions of last 
year. Chepchumba clocked 
2:26:51, with McColgan only 
a second behind. 

In the final stretch, each 
time the Kenyan pulled level 
with McColgan. the Scot 
would kick ahead again. But 
Chepchumba made one final 
burst in the final 20 yards and 
it was enough to finally get 
ahead and take the title. 

"We got together side by 
side, then she would push and 
I would try and stay with 
her,” Chepchumba said. 
"Then she moved ahead and I 
tried to sprint to keep up. 

"She moved ahead again 
and I tried one more time and 
this time I got ahead at the 
line. It’s a great feeling to beat 
her this time." 

Bv the halfway in the 
men’s race, the two Por- 
tuguese pacesetters. Carlos 
Patricio and Paulo Catarino. 
had the field on world record 
pace as they went through 
13.1 miles in 1:02:49. In Din- 
samo’s world-record run, the 
halfway time was 1:03:22. 

When the pacemakers 
dropped out, two Britons, 
Paul Evans, winner of the 
Chicago Marathon in Octo- 
ber. and a first-time mara- 
thoner, Paul Nenukar. led a 
pack of nine that included 
Thugwane, Pinto, Baldini and 
the two-time runner-up, Steve 
Moneghetti of Australia. 

made a move at the 

three-quarter stage and Thug- 


wane went with him, with 
Pinto initially unable to stay 
in touch. But the Portuguese 
made a big move during the 
24th mile and swept past the 
leading two as they ran past 
the clocktower known as Big 
Ben. 

Thugwane was unable to 


respond as Pinto and Baldini 
fought it out for the lead. The 
two entered the final stretch 
just past Buckingham Palace 
neck and neck but Pinto had 
the faster finishing kick. 

Nenukar wound up fifth, 
Moneghetti sixth and Evans 
eighth. 


•>;. ■ • • • i. 


\u.. . 

SPORT A 


THIS WEEK ON /TUOOi 




Thomas Muster will beJBacjk f ©Barcelona to tfefead bis tille;canfiewin 
the TVofeo Conde de Godo’ for tire Wrd year nmntng ? v\’ ’ 


16-20 April, LIVE, 
ATP Tour Barcelona 

Thomas Muster looks 
unbeatable on the red day 
courts of Europe 


Motorcycling: 


18 - 20 April, LIVE, 

The Japanese Grand Prbc, 
Suzuka 

Jamie Robinson win be looking 
for a strong start to the season 
on his new works Suzuka 


17-20 April, 

The Short Course 
World Championships, 
Gothenburg 

68 nations compete In the 
third Short Course World 
Championships from Sweden 



Cycling: 


20 April, LIVE, Liege - 
Bastogne - Liege, Belgium 

Axel Merckx, son of the 
legendary Eddy Merckx, w» 
be one of the favourites, 
along with World Champion 
Johan Museew 








BASEBALL The Winter Game p. 1 8 SOCCER Underdogs Bite Back p.l 9 MARATHON Fast Times in London p. 1 9 


PAGE 20 


World Roundup 


Australia Crushed 


CRICKET Lance Klusener pro- 
duced a memorable all-around per- 
formance Sunday to help South 
Africa to a crushing 109-run vic- 
tory over Australia in the final one- 
day international in Bloemfontein. 

Klusener made a career-best 92 
as South Africa made 3 10 runs for 
six wickets, then took the first two 
wickets as Australia was all out for 
210. Australia won the series 4-2. 

• Bangladesh beat Kenya by two 
wickets Sunday to win the Inter- 
national Cricket Council trophy 
World Cup qualifying tournament. 
Set a revised target of 166 in 25 
overs after rain, Bangladesh scored 
1 1 runs, including a six by Khaled 
Masud. in the last over to win off 
the last ball. Kenya scored 241 for 
seven in their 50 overs Saturday. 
Steve Tikolo made \AH .(Reuters) 


De La Hoya Takes Tide 


boxing Oscar de la Hoya over- 
came a crafty Pemell Whitaker in a 
tough fight Saturday, w inning a 
unanimous decision to take Whit- 
aker's WBC welterweight title. It 
was the fourth title for De La Hoya, 
who was knocked down in the 
ninth and was bleeding from the 
nose at the end. (AP) 


Monarchs Reign 


football Stan White's four- 
yard touchdown pass to Michael 
Utley with 3:06 left in the third 
quarter Sunday gave the London 
Monarchs a 14-7 victory over die 
Frankfurt Galaxy in die World 
League opener for each team. (AP) 


Marathon Runner Dies 


A male runner in his 40s died 
during the London marathon 
Sunday, organizers said. Further de- 
tails were nor released. (Reuters) 

[Marathon — Page 19] 


Mexico Routs Jamaica 


SOCCER Mexico, led by three 
goals from Carlos HermosiDo, beat 
Jamaica 6-0 oa Sunday to take a 
commanding lead in regional qual- 
ifying for die 1998 World 

(AP 



Anando Fonca/AP 

Francisco Clavet firing back 
the ball to Alex Corretja. 


Chang Victory on Hold 


tennis Top-seeded Michael 
Chang led 6-3. 5-3 and held two 
match points against Patrick Rafter 
when rain forced play to be sus- 
pended Sunday in the final of the 
Salem Open in Hoag Kong. 

The match will resume Monday. 
ATP officials said they could not 
recall any previous tournament 
having been stopped at match 
point. 

• Alex Corretja came from 5-2 
down in the second set to beat 
fellow Spaniard Francisco Clavet 
6-3, 7-5 Sunday to win the Estoril 
Open. 

• Mikael TiUstrom of Sweden 

won his first AT P Tour singles title 
Sunday when he beat Alex Rade- 
lescu of Germany 6-4, 4-6, 7-5 in 
the final of the Indian Open in 
Madras. (Reuters) 


^^BeralbSSribunc 

Sports 


R 


MONDAY APRIL 14, 1997 
— • 1^ 


i* iIV 




Woods at Masters: ‘Showing the Men How to Play 


By Leonard Shapiro 

Washington Past Senior 



AUGUSTA, Georgia — - The tena- 
cious Tiger Woods prowled Augusta 
National Golf Club as if it were his own 


A Pioneer 
Loves Wbods 


private game preserve. 

With yet another virtuoso round of 
golf — a 7-under-par 65 oa Saturday — - 
he opened a tournament^record nine- 
shot lead in the Masters. 

Woods, at 15 -under 201, was paired 
Sunday with Costantino Rocca of Italy 
<70-210), his closest pursuer. 

With his typical flair for the dramatic. 
Woods set the record lead with one last 
tap-in birdie at the 18th after a perfectly 
struck saod wedge into the 405-yard 
hole hit a bank near the right side of the 
green and trickled down to within a foot 
of the cup. 

Woods's next-closest pursuer, Paul 
Stankowski, was alone in third place at 
69-211. The goateed Texan practiced 
for this tournament by putting on the 
concrete floor of bis garage. Tom Wat- 
son and Tom Kite were tied for fourth, 
11 shots back. 

‘'He's a boy against men. and show- 


Nnr York Times Sen tee ; 

Charlie Sifford was glued to his ' 
television at his home in Houston. 

Sifford, a black pioneer in golf who 
never made it into the field at the j 
Mas ters, has become close to Tiger * 


Woods in the last couple of years.. 
He feels a kinship both as a golfer ; 
and as a person of color. 

“I'm watching my grandson,” •_ 
he said. “That’s my grandson . 
there. This is the kid who's doing ; 
what I wanted to do, but never had ■* 
the chance to do.” 

Sifford dropped the phone as. . 
Woods's putt for a birdie missed at- 
the 16th hole on Saturday. He< 
chuckled. “You know. I see a lot of- 
Amold Palmer and Jack Ntektans .■* 
in- the kid,” he said. • . • • \.v* 

Were Woods to win the Masters; 
“It would be a wonderful thing for 
golf, period,’ 'Sifford said. “Neyo^ 
mind the racial thing. Him doing , 
what he’s doing out there, withjRfi r 
those great players in the field, if*?’ 
an inspiration.” "S:-}* 


mg the men how to play,” said Watson. 
‘Tve seen Nicklaus and Floyd do it.” 


Cay NfnAflrn/RnMn 

Tiger Woods and his caddie, Mike Cowan, crossing Ben Hogan Bridge to the 12th green at Augusta National. 


WOODS: Golfs Young Phenorn Wows Crowds at the Masters 


Continued from Page 1 


for as much as $3,000. Organizers 
stopped selling weekly passes to new 
“patrons” in 1972. meaning that the 
25.000 badges worn on the course now 
have been in most families for years. 

Most golf fans, and many others who 
had never watched a televised tourna- 
ment before this weekend, gathered in 
front of their television sets in living 
rooms around die United States. CBS 
Sports, which has televised this event 
for 42 straight years, was predicting the 
highest rating in the history of the tour- 
nament with Woods as the leader and 
centerpiece of their coverage. 

No one. save Woods, would be hap- 
pier with that result than die Nike Inc. 
chairman. Phil Knight, whose company 
signed Woods to a $40 million endorse- 
ment contract a year ago when Woods, 
then a sophomore at Stanford University, 
decided to turn pro after winning has 
third consecutive U.S. Amateur title. 

“He’s been phenomenal, everything 
we could have hoped for,” said Knight, 
bedecked in the company’s famous 
swoosh logo. "He’s a great player with 


an inherent sense for the dramatic. It’s 
wonderful to feel the crowd get behind 


him. I've had people tell me his fol- 
lowing now is bigger than Amie in his 


broom -sweeping the front porch of a 
cottage dormitory used by members 


lowing now is bigger than Amie in his 
prime. It’s unbelievable.” 

Woods’s story could have been writ- 
ten by one of Nike's pitchmen. 

His father, Eari, put a golf club in his 
crib and by the age of 2, his son — also 


when they stay at the club ov 
Wayman Williams, a lifetime i 


named Eldrick — was putting against 
Bob Hope on the “Mike Douglas 


Bob Hope on the “Mike Douglas 
Show.” A year later he shot 48 over 
nine holes, and by the age of 5 Woods — 
who was nicknamed “Tiger” after a 
Vietnamese soldier who was a friend of 
his father's — was featured in Golf 
Digest 

Woods won three consecutive U.S. 
Junior Amateur championships before 
moving up to the U.S. Amateur, where 
he again won three straight Woods said: 
“The only thing I want is a green jacket 
in my closet," referring to the bright 
sport coat given to a club even more 
exclusive than Augusta National — 
winners of The Masters. “Whatever I 
have to do to win is fine." 

Back behind the Augusta National 
clubhouse, another man of color was 


Wayman Williams, a lifetime resident 
of Augusta and a long-time employee of 
Augusta National, said he was pulling 
hard for Tiger, too, though he would not 
be able to slip out to die course to watch 
him play. 

“I might sneak a peek at the TV, 
though,” Williams said." Such a nice 
young man, a good kid. He's confident, 
not cocky. He can handle this pressure. I 
met him the other day. He came by and 
shook my hand. I didn’t have much time 
for chit-chat. I’ve got a lot to do around 


here, but he was very nice. He's a golfer, 
but he's a black golfer and the master of 


bathe's a black golfer and the master of 
his sport, just like Michael Jordan. It 
makes me feel good." 

That's also what the galleries are do- 
ing for Woods, who says he feeds off 
their support. 

“They’re supporting me, rooting me 
on, which is kina of neat," Woods said. 


“I got a couple of standing ovations out 
there, which is a great feeling when 
you're playing well. The galleries here 
are very appreciative of good play." 


‘Tve seen Nicklaus and Floyd do it.” 

Woods — whose father is African- 
American and his mother Asian -Amer- 
ican — was threatening the 72-hole 
record of 17-under 271 set by Jack 
Nicklaus in 1965 and Floyd in 1976. A 
69 or lower Sunday would secure that, 
too. 

Nicklaus also has the largest margin 
of victory in the Masters — nine shots in 
1965. Tom Moms holds the major 
championship record victory margin of 
13 set in the 1862 British Open. 

Co ndi tions had c hang ed d ramaticall y 
for the third round after an eariy-mom- 
ing rain drenched the course, softening 

iiebounce out of foe fairways! 

Club officials tried to compensate 
with more than the usual dicey weekend 
pin placemans, but most balls stuck 
close to where they hit That, was a for 
different scenario from foe first two 
days on dry, firm and fast greens when 
well-struck shots were still sliding all 
foe way off putting surfaces at almost 
every hole. 

Still, for awhile on an overcast and 
sticky Saturday, only Woods seemed to 
be going forward as foe rest of his 
closest pursuers either stalled or started 
falling bade down the leader board. 

“No one has done anything,” 
Stankowski said, looking at foe board In 
foe interview room. “I'm stumped." 

Seconds later. Woods birdied foe 
15 th hole to go nine strokes ahead. 
“He's at 14 [under] now?" Stankowski 
said, looking at a television monitor. 


“That’s encouraging.’’ 

Woods hit 17 of 18 greens in reg- 
ulation Saturday, and he made an e^a^ - 
foot putt to save par on the only os plffj- 
missed, the 360-yard third. He alsf£fe& 
13 of 14 fairways, and at foe only onfrfy* 
missed — his tee shot blocked 
right at foe 455 -yard 1 1th — he hit && 
Iron to within eight feel and made that 
pint, too. 

He was also averaging almost 329 
yards on his drives for the tournament, 
and admitted, “It’s a great advantage 1 © . 
hit wedge into these holes.’ ’ "• ■> . 

Woods* 201 total for three rounds 
also tied foe Masters record of low first 
54 holes, also set by Floyd in 1976. Anff' 
his 65 preceded fry a 66 on Friday wa£ 
the best 36-hole stretch anyone has had 
in the 61 -year history of the tourna- 
ment. • . .Li“ 

At age 21, Tiger Woods was playing 
this golf course the way no one ever has : - 
before, despite that atrocious 4-over 40 
start on the front side in Thursday*}' 
opening round. "nirotigli Saturday. he 
had played his last 45 holes in 19 wittdr 
par. i ■’**■ 

“ITI didn't perform the way I played 
lastweek at htxne shooting a 59, L’d be 
disappointed," Woods said. “I camifi 
here playing really well." ■ . -f •<: 


Villeneuve Holds Off Irvine 


tv * 


To Win Argentine Grand Prix 




Confuted by Otw Staff From DapmJm 

BUENOS AIRES — Jacques 
Villeneuve, weakened by a stom- 
ach ailment and doubting his 
stamina, won foe Argentine 
Grand Prix Sunday for his second 
straight victory of the season. 

The Canadian began foe race 
from foe pole position and beat 
Eddie Irvine by less than a 
second. Villeneuve was timed in 
1 hour, 29 minutes, 29 seconds 
and managed to hold off Irvine, 
wbo tried to pass with four laps 
left 

Villeneuve, of foe Willi ams- 
Renault team, also won in Brazil 
on March 30. 

On Sunday, he held a com- 
manding lead for much of the 
race, but Irvine closed foe gap 
after taking one pit stop less than 
the Canadian, who had three. 

Only nine drivers completed 
the 72 laps. 

The race was only seconds old 
when two-time world champion 
Michael Schumacher's Ferrari 
and the Stewart-Ford of Brazil’s 
Ruben Barrichello crashed on 


the first corner. 

Schumacher had to pull out 
after Barrichello took a spin and 
hit the German. A safety car 
entered the circuit after other cars 
slipped briefly off foe track. 

No one was hurt in the Schu- 
macher-Barriche D o crash, but 
McLaren-Mercedes driver David 
Coulfoard of Britain spun off and 
was unable to rejoin foe race. 

It was a mixed day for the 
Schumacher family, Raif Schu- 
macher, younger brother of 
double world champion Mi- 
chael, was third for Jordan in foe 


team’s 100th grand prix. 
It was 21 -year-old Sch 


It was 21 -year-old Schumach- 
er’s first points finish in Formula 
One and Irvine’s best result in 
his 51-race career at the top 
level 

Briton Johnny Herbert fin- 
ished fourth for Sauber, his best 
result since bejoined foe team 
last year. Finland’s Mika 
Hakkinen was fifth in a McLaren 
and Berger sixth for Benetton. 

But the race was dominated 
by Villeneuve who followed up 


his victory in Brazil two weeks 
ago. He only lost foe lead, after 
making a perfect start from pole, 
for six laps following his second 
pit stop. 

This gave Irvine his chance to 
attack he closed to within a 
width of a cigarette paper on the 
comer into foe straight with 
three laps to go and temporarily 
unnerved Villeneuve. 

The Canadian swerved on the 
entrance to the straight and al- 
most went off but regained Ins 
cool and retained his narrow ad- 
vantage throughout the final two 
laps, even though Irvine had 
been lapping almost two seconds 
faster than him. 

Villeneuve ’s W illiams team 
mate Heinz-Harald Ffentzen of 
Germany retired with gearbox 
problems early on. 

Villeneuve 's victory was his 
sixth and put him level in the 
record books with his late father 
Gilles. Villeneuve has 20 points 
in the drivers’ championship and 
leads Coulfoard and Berger by 


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1 0 points. (AP, AFP, Reuters) Jacques Villeneuve’s Williams-Renault leading Sunday in the Argentine Grand prfx. 



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