Skip to main content

Full text of "International Herald Tribune , 1997, France, English"

See other formats



K-inirsr. b 1 . 

-’rT" - trofc,-. . 

S °uk" ‘ . 


“Qfc „ N ^Kov • s « V[ J" . 

S™ h= ■**» 'ttS* 

«*-■'* JiiGsrr.e— r„. c -- >i « ; it, fw ■ 

f r=r Jcciir.. 
*>av» ' 

KaAicrtsvi "‘ "‘ 

' Po 

; . 

Y; 7 

d:-c' ’ 

Nlivi i*U;l 

i s:.r-*£ 
&;y 5--"' ’ ’ 

- ‘-*S %.- »rf ".. .r... 

*mk. -r 

MaUhrw** . 



v-r’-r'. 1 . Io " r- . 
>=*: -V :-r r 
*rC ft/ :•.-■«■ 
Mcttt* ■ v - 
prr\ -- 

C’ * : 

■ : r^;- 
v rr. ?••* 


rib unc. 

Published with the new york times and the Washington post 

&e voi±j r - Z'^ ] ^ghj ^ ^ The World’s Dally Newspaper 

'■ • ‘■4LSJVj.n:n-\" * . 

•a Suii a f ^’^mo , 1 

sCala.^ For ASEAN 

an-jei 7 g m 7« srr.i-.'Z in,M, i. r^ - 4 ' ■ 

As Laos and 
StglgSl Burma Join 

l£? g "Rcp-bl.c "■- 1 u° n> 

Slri/e in Cambodia 
Tops List of Problems 
S-“i4?F g- - w ' « Facing Asian Bloc 

in Z'.'-'l ■ - ‘:* c r 'iccii. A 

- ■ 7 - r :- g;-; he vi Vi '" By Michael Richardson 

-j- i." ”g./ ' ~~" i - OOyjjg^ Imenudoiuil Herald Tribune 

a 'ey :V.lA::^'cc^T d ^ SUBANG JAYA, Malaysia — The 
anti ’a:r r. ^.11 h } P-ti * Association of South East Asian Na- 
mstsr.y t.::/ \ v--Vn ; *■ **«.' tions admitted two new members, 
rsd:;^;. ft.rr/ Burma and Laos, on Wednesday, but 
•i her. -v e - - ' - j* Raj some officials and analysts said the tem- 

J \, ^ nii - %• porary exclusion of Cambodia, because 
bedv ". -Z .^ u w “ er <*s of its internal conflict, was just one of 
vc-v - - 1^' i rj ‘ several major challenges facing the 
Kanic 1 ' ' ' ,: ‘ r ' n = :i 5Q group as it approaches its 30th an- 

1 ^ niversaiy Aug. 8. 

. i/,' V‘ 5 in\« : Now close to achieving its goal of 

v,' * \~fZ *1 4 " r *" t *. -It encompassing all 10 countries of South- 
- v ',. v t , z ^ east Asia, ASEAN is finding that the 
twin pillars of its success — political 
*V. ^ ““ ’ "*' “ ' "- i ‘ > and economic stability in the region — 

*'• ~ r —~: ; rr; • ; »rzsi> have been called into question. 

..uJ'ir*! r.i _r: \ ‘ ‘The challenge for ASEAN is how to 

remain robust and united,” said S. 
fcrr.:; 'r*: JT"..V Jayakiunar, Singapore’s foreign min- 

X“ -■■. -- ister, at the ceremony to mark the ad- 

’ r r n mission of Burma and Laos. “ASEAN 

The mystery of Pol PoL Page 7. 

will be able to build on its strength if all 

__ the member countries continue to work 

.... closely together and if we remain co- 
r ~' y besive.” 

r ~ But conflicting interests and values 

arising from enlargement may test 

- ASEAN’s political unity. For example, 
analysts said that Burma and Laos might 

"• ■’ ■ * join Vietnam in seeking recognition of 

■ t Second Prime Minister Hun Sen’s 
■ takeover of power in Cambodia as an 
~ : :: accomplished feet and in seeking a 

r.Tt Nlini*ic:r quick end to suspension on admission 
. - ;e- for Phnom Penh. 

- i.: ^ : Cambodia was to have become a full 

.• member along with Burma and Laos. 

- All three had observer status before 
:‘ , 2 ~ Wednesday. 

r ,--1' Mr. Hun Sen rebuffed efforts Sat- 
_i CjW today by. three ASEAN foreign min- 
' . s isters to broker a settlement of the vi- 
olent political ctmfLict be sparked there 
' M. when he ousted First Prime Minister 

r ' r Norodom Ranariddh this month. 

2 [ASEAN will resume efforts to re- 

solve the crisis in Cambodia after a 

Change of heart by Mr. Hun Sun, For- 
j j. . . ■ 1 '1' y eign Minister Abdullah Ahmad Badawi 
. "jZ;.. of Malaysia said, Agence France-Presse 
_ \\"Z' reported Wednesday. That change of 

- :r: \: heart, he added, meant that Foreign 
■ Minister Ung Huot of Cambodia would 

-* be allowed to attend the annual meeting 

of ASEAN foreign ministers Thursday 
and Friday. 

[Mr. Abdullah added that ASEAN 
would continue to recognize Prince 
Ranariddh as first prime minister but 
would not insist on ms return to office as 
long as Cambodia maintained the co- 
■ ' ' alition government set up after the UN- 

supervised elections in 1993.] 

“Even as we proceed with ASEAN’s 
. _ expansion, tfe should remember that 

" "•” : ' our goal is not simply to have ASEAN 

^ See ASEAN, Page 4 

London, Thursday, July 24, 1997 

By Barry Janies 

International Herald Tribune 

A Jewish group fighting for the 
restitution of mislaid and stolen Holo- 
caust-era assets said Wednesday that 
the publication by Swiss banks of the 
names of holders of dormant accounts 
would not halt a class-action lawsuit 
seeking billions of dollars in dam- 

Rabbi Abraham Cooper, associate 
dean of the Simon Wiesenthal Center 
in Los Angeles, said there was "not a 
chance" the publication would result 
in the “closure the banks so desper- 
ately want." 

TTre class-action lawsuit, brought 
by three consolidated groups of 
plaintiffs, is scheduled for a July 31 
hearing in federal court in New York. 

The Swiss government has filed a 
motion to dismiss the suit, but Mr. 
Cooper said he expected the court to 
take it on. If that happens, he said, the 

banks will be pressed to reveal not 
only the names of missing account 
holders but also the history of the 
banks* relationship with Nazi Ger- 
many, involving possibly billions of 
dollars worth of looted gold and other 
Nazi booty. 

Mr. Cooper added that the banks 
bad decided to release information 

A bank failed to report the 
existence of accounts that may 
indude Jewish assets. Page 4. 

about a relatively limited amount of 
money because “they realized the jig 
was up." 

The banks say they have found 60 
million Swiss francs ($40 million) in 
unclaimed deposits by foreigners be- 
fore 1945. 

Elan Steinberg, executive director 
of the World Jewish Congress in New 
York, said that with accumulated in- 

terest, the overall amount today could 
be many hundreds of millions of dol- 
lars. “We have mixed feelings," he 
said. “It should have happened 50 
years ago. But it is a positive step and 
should be received as such." 

He welcomed a decision to set up a 
subcommittee of the independent Vol- 
cker Commission to establish the ac- 
tual value of the deposits. The com- 
mission, headed by Paul Volcker, 
former chairman of the U.S. Federal 
Reserve, recently began a pilot audit of 
1 0 banks that will later be extended to 
all of Switzerland’s nearly 500 banks. 

In October, the banks plan to publish 
about 20,000 more names of holders of 
dormant accounts, those who were cit- 
izens or residents of Switzerland be- 
fore 1945. Many of them are believed 
to have acted as proxies for Jews trying 
to find a haven for their savings. 

Mr. Steinberg said he welcomed the 

See SWISS, Page 4 

In Prague, a List Brings Some Hope 

By Peter S. Green 

Imenutionai Herald Tribune 

PRAGUE — Stephan had heard 
that the names would be in the morn- 
ing newspapers, so he walked down to 
his local supermarket on Wednesday 
with a vague sense of hope and an- 

For seven years, he had been work- 
ing to recover the confiscated real es- 
tate of his late grandfather, a wealthy 
Czech Jew who had fled to England 
during World War H and whose wife 
and children had survived the Ther- 
esienstadt concentration camp. 

Through the years, there had also 

been family discussions about cash 
assets in Switzerland that had been 
spirited out of Prague as the tide of 
anti-Semitism rose throughout Europe 
in the 1930s. 

But any chance of recovering the 
money after the devastation of the war 
had been dismissed as impossible. 

“My father told me and my grand- 
father told my father that before the 
war he was putting money in Swiss 
bank accounts,” said Stephan. “There 
were all kinds of stories. Maybe my 
father believed him, but I thought it 
was all gone.” 

Leafing through the newspapers 
Wednesday morning, Stephan saw a 

list of 23 Czechs whose Swiss bank 
accounts had lain dormant and un- 
touched since the end of the war, part 
of a list of some 2,000 names pub- 
lished for the first time by the Swiss 
Bankers Association in nearly 30 ma- 
jor newspapers around the world and 
on the Internet. 

The list does not specify the amount 
of money in the accounts. 

Halfway down the list of Czechs 
was the name of Stephan’s grandfath- 
er, Helmut Hollas. 

He quickly telephoned his mother, 
but she responded with fear and anxi- 

See FAMILY, Page 4 

No. 35,58! 

Europeans Agree 
To Boeing Merger 

Concessions by U.S. Carrier 
More ‘Gesture Than Substance 9 


Milt Fula/Tbc AsnUud Pm 

Foreign Minister Abdullah Ahmad Badawi of Malaysia flanked by the Laotian foreign minister, Somsavat 
Lengsavat, left, and his Burmese counterpart, II Ohn Gyaw, at the ceremony Wednesday in Kuala Lumpur. 

Jewish Suit Against Banks Goes On 

Group Says Swiss Action in Publishing Names Will Not Close Issue 

By Tom Buerkle 

International Herald Tribune 

BRUSSELS — The European Com- 
mission gave a green light Wednesday 
to Boeing Co.’s acquisition of McDon- 
nell Douglas Corp. after obtaining last- 
minute concessions that allowed Euro- 
pean regulators to claim victory but did 
tittle to hinder Boeing in its global dog- 
fight with Europe's Airbus Industrie 

The acquisition, valued at around $14 
billion, puts the onus on the four Airbus 
partners, in particular the French gov- 
ernment, to respond to the American 
challenge by transforming the loose 
consortium into a single, integrated 
company capable of matching Boeing’s 
low production costs and its full range 
of aircraft. 

“The point is that the Americans are 
leaving us behind in the aerospace in- 
dustry and aerospace technology as a 
result of this merger," the German for- 
eign minister, Klaus Kinkel, said on 
German radio. “We must make a de- 
cision regarding European indusny 
policy, and that can only mean that we 
strengthen Airbus." 

Jacques San ter, president of the Euro- 
pean Commission, said the agency 
would begin an argent study of ways to 
strengthen the aerospace industry in the 
15-nation European Union. 

The agreement, and the high-level 
brinkmanship that preceded it, also 
highlighted the need for antitrust reg- 
ulators around the world to improve 
cooperation or face more clashes in an 
era when companies make deals with 
scant regard for national borders. 

Hie World Trade Organization has 
only begun to address the subject, and 
major nations are sharply divided. 
Washington argues that regulators 
should give priority to consumers’ in- 
terests. while Europe tends to focus on 
the interests of producers.. .. . 

“We should have a frank discussion 
across the ocean;” said Karel Van 
Miert, the EU competition commission- 
er who negotiated the agreement with 

.There were signs of lingering irrit- 
ation on both sides of the Atlantic over 
the case, which was settled only after 
high-level lobbying that included per- 
sonal telephone calls from President 
Bill Clinton to Prime Minister Jean- 
Claude Juncker of Luxembourg, the 
current holder of the EU presidency, and 
Prime Minister Romano Prodi of Italy, 
sources said. 

In France, Pierre Moscovici, the min- 
ister for European affairs, called Boe- 
ing's offer incomplete, while an Airbus 
spokesman criticized the “arrogant and 
confrontational attitude of the U.S. A..” 
Reuters reported. 

Meanwhile. Boeing executives con- 
firmed that senior U.S. officials had 
pressed the company to make conces- 
sions to avert a trade war. “There has 
been dialogue," said Richard Albrecht, 
the executive vice president who ne- 
gotiated the deal for Boeing. 

Most officials welcomed the accord, 
and Mr. Van Mien insisted that the 
commission would endorse the agree- 

See BOEING, Page 4 

As Oil Dries Up, Qatar Stakes Economic Future on Natural Gas 

By Douglas Jehl 

. New York Times Service 

RAS LAFFAN, Qatar — Beneath the warm and 
shallow waters of the Gulf, in a vast pool that 
extends northeast from Ras Laffatu lies a prize 
almost beyond measure. 

* It is not oil, the blessing that vaulted Qatar and its 
Gulf neighbors from poverty to wealth in the 
second half of the century. It is natural gas, once 
burned at the soiree simply to get at greater oil 

But now, the gas hero is about to transform Qatar 

into a nation that, within a decade, may well have 
the highest per-capita income in the world. 

First discovered in 197 1 , the sprawling supply of 
gas buried deep under the seabed in Qatar's north- 
ern waters is believed to be the largest reservoir in 
the world, putting tiny Qatar behind only Russia 
and Iran in total gas reserves. But it is only now, 
alter six years of intense development, that the 
prize appears within reach. 

Ras Laffan, a barren point once visited only by 
Fishermen and the occasional stray camel has been 
transformed into one of the largest liquefied nat- 
ural gas-exporting complexes in the world. The 

first deliveries to East Asia started eight months 
ago, but that is just the beginning. 

Experts believe tint the North Field holds so 
much gas that it can be tapped in huge quantities for 
at least 200 years, giving Qatar a powerful form of 
insurance at a time when its more modest oil supply 
is starting to run dry. 

“When the era of the hydrocarbon ends," a 
Western diplomat here said, “there will still be gas 
in Qatar." 

Before it can begin to reap the rewards of the 
new gas revenue, though, Qatar will have to pay off 
the heavy debts that the project has accumulated. 

Officials here say they intend to use the gas bon- 
anza to open Qatar further to the outside world. 

To diversify its economy and avoid overde- 
pendence on gas alone, Qatar wants to attract more 
investments from abroad — in the petrochemical 
industry but also in banking, insurance and other 

A stock exchange started trading in May, while 
a law now being drafted would allow foreigners to 
bold majority stakes in enterprises operated in 
partnership with Qatari investors. 

See QATAR, Page 4 


OIivkt Manby-JAccncr France Promt 

Richard Albrecht, vice president of 
Boeing, in Brussels on Wednesday. 

By James F. Clarity 

New York TimeiSrnn e 

BELFAST — The main Protestant 
political parties on Wednesday rejected 
a proposal by the British and Irish gov- 
ernments for the disarmament of the 
Irish Republican Army and of Prot- 
estant paramilitary groups. 

But British and Irish officials said 
that though the rejection, which had 
been expected and announced in ad- 
vance, was a setback, it would not kill 
Northern Ireland peace negotiations and 
that a formal round of talks would begin, 
as scheduled, on Sept. 15. 

The officials pointed out that the Ul- 
ster Unionist Party, the largest of the 
Protestant parties in this predominantly 
Protestant British province; said that 
while they rejected the disarmament 
proposals Wednesday, they would con- 
tinue to talk to the government to work 
out a compromise. 

The unionists, who represent about 
57 percent of the population, wanted the 
proposal to stipulate that once the talks 
began, the IRA, which is overwhelm- 
ingly Roman Catholic, would start to 

The IRA's new cease-fire, which 
went into effect Sunday, is expected to 
gain a place in the September talks for 
the organization’s political wing, Sinn 

The government proposal says only 
that disarmament would be discussed 
during talks, with no guarantee of actual 

Voting against the proposal were the 
Ulster Unionist Party, the Democratic 
Unionist Party and the UK Unionist 
party. Two smaller Protestant parties, 
with links to paramilitary groups, ab- 
stained. The predominantly Catholic, 
mainstream Social Democratic and 
Labor Party voted in favor, as did sev- 
eral smaller groups. 

Seamus Mallon, a member of the Brit- 
ish Parliament and a leader of the Social 
Democrats, said the rejection was a ‘ l ma- 

See ULSTER, Page 4 


Books... • 

■ Ps»1 

! Crossword . Psm9. I 

■ Opinio:! . 



Pages 18-19. 

The Intormarkot 

Page 7. 

[pThe IHT an-iine http:- 


I 1 

Newsstand Prices 

Bahrain — 1.00000 Mala 55 c 

'Cyprus C £ 1.00 Njgeria~125 l 00 Naira 

Danmark— 14.00 DKr Oman 1.250 OR 

Finland — 12.00 FM Qatar _1OD0QR 

Gibraltar £Q£5 Rap. IrelahdJRE 1.00 

■Great Britain— £ 040 Saud Arabia— 10 SR 

*' Egypt- £E 5.50 S.AJrica.«B12 + VAT 

< Jordan 1250 JO UAt_ 10.00 Dh 

Kenya — K, SH. 1&) US. ML (&&)-_$ 120 
Kuwait 7001% Zimbabwe :2hL$9&00 

Vegetarians Meet Match 

U.S. Kids Relish Company’s ‘Wienermobile’ 

By Karl Vick 

Utoftin grttfi Past Service 

DUNDALK, Maryland — Whatever 
headway it may or may not have made 
on behalf of the world’s rabbits, pigs 
and kangaroos, People for the Ethical 
Treatment of Animals has reigned as a 
grand master of contemporary public 

Or rather, it did until 9:05 AM. Tues- 
day, when the animal-rights public-re- 
lations juggernaut ran head-on into the 
Oscar Mayer Wienermobile at a su- 
permarket parking lot — and ended up 
looking like road kill. - 

The Wienermobile stands 27 .feet 
long (over 8 meters), runs on six cyl- 
inders and seats four. It is at once the 
symbol of Oscar Mayer brand hot dogs 
and an American icon. Inherently cheer- 

ful, hilariously designed (by the late 
Brooks Steveas, who also designed 
Harley-Davidson motorcycles), the 
Wienermobile is widely regarded as 
pretty wonderful. . 

“It is,” conceded Brace Friedrich, a 
spokesman for People for 'the Ethical 
Treatment of Animals. “It is very, very 

“Which is why it’s so invidious. It’s 
selling the idea that eating hot dogs is 
fun, when in fact it is a violent, bloody 
business, and it has got to stop." 

Driven by this moral certainty, the 
group has dogged the Wienermobile all 
summer, clearing the decks for a series 
of clashes between two titans of public 

“ You know, there are 10 of them,” 
See MEAT, Page 4 

.. .... 

'*•* — rr 

The V/wtuaffaa Ita 

Children running to greet meat 
company's wiener-shaped vehicle. 

The Dollar 


Greenspan Spurs U.S. and Europe Stocks 

Stock markets in the United States 
and Europe continued their climb to 
record levels Wednesday after the Newy °* Wednesday e j p m_ provta^do&a 

Federal Reserve chairman, Alan 5M 1 1 -8345 

Greenspan, repeats that he was in no Pound i^7S i.880S 

huny to raise interest rates. Though he Yen ns.675 114.95 

said rates might have to rise at some ^ 6 1475 

point, Wall Street took his comments ^ 

as a sign that die Fed would not raise 

rates at its Aug. 19 meeting. Page 1 1 . ***** 00 * 

• t v +26 - 71 eoaa.36 

Milosevic is neborn 

Slobodan Milosevic resigned as Change Wednesdays 4 P.M. previous close 
president of Serbia on Wednesday +2.8 936 71 933.91 

and immediately took over as pres- 
ident of federal Yugoslavia, cuhnin- p.” 
ating a remarkable comeback that , GETW 1 , 

preserves his role as a key power Japanese trapped in north Korea 

Wednesday doso previous dose 




Wednesday 0 4 P.M. previous close 
93671 933.91 


preserves his role as a key power 
broker, still the unrivaled leader m 
what is left of Yugoslavia and a cham- 
pion of Serbian nationalism. Page 5. 

EUROPE Page 5. 

France's Child Sex Abuse Nightmare 



Japanese in North Korea / Forbidden to Return 

A Life of Misery , Cut Off From Home 

By Andrew Pollack 

Nch- Rift Times Service 

T OKYO — Keiko Nakasuji is still haunted 
by what happened when she saw her moth- 
er for the first time in 26 years. Her mother 
had moved to North Korea in 1966 with her 
second husband, who was Korean. After years of 
pleading, Mrs. Nakasuji was allowed to visit her in 
the rigidly controlled communist nation. 

“When I saw her, of course I ran to her and 
hugged her and tears came oat,” Mrs. Nakasuji 
recalled. ‘‘But she whispered in my ear, ‘Stop 
crying and do what Ido.'" What her mother then 
did, she said, was to bow to pictures of the North 
Korean leaders. Kim D Sung and Kim Jong D, that 
were hanging on the wall. 

Like Mrs. Nakasuji’s mother, about 1,800 Jap- 
anese women moved to North Korea with their 
Korean husbands, mainly in 1959 and the early 
1960s. Many have not been heard from since. North 
Korea has not allowed any of them to return to 
Japan, even fora visit. With the rarest of exceptions, 
such as Mrs. Nakasuji, relatives of the Japanese 
women have not been allowed to visit them in North 

Now things might change. North Korea an- 
nounced recently that it would take steps to allow 
Japanese wives “in advanced years” to visit their 
hometowns in Japan. 

The move is no doubt an effort to get food from 
Japan to help ease North Korea's famine. But it has 
raised guarded hopes among family members in 
Japan that they might get to see their loved ones at 

Japanese storehouses are overflowing with sur- 
plus rice, some of it starting to rot. But Japan has 
refused to give a single grain this year until North 
Korea makes some humanitarian gestures of its own 
— such as letting the Japanese women visit. 

Japan also wants North Korea to provide in- 
formation about the 10 or more Japanese citizens 
who the authorities believe were kidnapped by 
North Korean agents, including a 13-year-old girl 
who vanished from a street near her home on the 
coast of the Sea of Japan 20 years ago. North Korea 
denies it kidnapped any Japanese. 

Talks between Japan ana North Korea, which do 
not have official diplomatic relations, took place 
last weekend in Beijing. Seiroku Kajtyama, the 
Japanese chief cabinet secretary, suggested Tues- 
day that the talks went well enough that the next 
round will involve higher-level diplomats. But 
some experts are skeptical the visits will ever take 

“ft’s just a strategy to draw out food support,” 
said Makoto Kurosaka, an economics professor in 
Osaka who heads a group pressing for the women to 
be allowed to return to Japan. “If it does ma- 
terialize, it will be only three or four of those 

Korea was a colony of Japan from 1910 to 1945, 
and more than two million Koreans came to Japan or 
were brought here as forced laborers. 

Many returned right after World War D, but 
further exodus was blocked by the Korean War and 
other factors. 

In 1959, Koreans were allowed to return to North 
Korea and more than 86,000 did so by 1984, ac- 
cording to Japan's immigration agency, bringing 
with them 6.6/9 Japanese nationals. In addition to 
the 1,800 wives, these are believed to include a 
small number of Japanese husbands of Korean 
women and many children. 

The No* YorkTirora 

Keiko Nakasuji, left, and her 
daughter, on a rare visit in 1992 to 
her mother in North Korea, posing in - 
front of a statue of the country’s 
leader, Kim It Sung . 

Mrs. Nakasuji’s mother and stepfather left to 
protect their five children, the oldest of whom was 
19, from the discrimination they feared the children 
would face for being of mixed blood. Mrs. Na- 
kasuji’s mother, at first hesitant about going, was 
assured by the North Korean organization in Japan 
that she would be allowed to come back to Japan for 
a visit after three years. 

N ORTH KOREA says 'the Japanese wives 
who went along have become loyal cit- 
izens there. “They have received high 
education according to their hope, 
aptitude and ability, have stable jobs, enjoy material 
and cultural benefits from the state and society and 
lead a worthy and happy life," the official Korean 
Central News Agency said whenit announced thatit 
might permit some of the women to visit Japan. • 
But relatives in Japan, judging from letters that 
are often censored by North Korea, surmise that the 
women lead miserable lives and are under constant 
watch because of their backgrounds. 

On her visit to North Korea, Mrs. Nakasuji said, 
her mother could not speak freely about her life 
because a guard was with them all the time. But in 

the middle of the night as the two women slept in 
the same beet her mother whispered to her. 

“She said there are things that are more difficult 
than dying,’ ’ Mrs. Nakasuji recalled. * ‘Those words 
remain in my ears.” 

Not all families in Japan keep up such warm ties 
to their relatives in North Korea. When Tokuji 
Watanabe's sister went to North Korea with her 
Korean husband and their four young children in 
1960, her mother in Japan, heartbroken and angry, 
barely uttered another word about her daughter until 
the day she died. 

Sitting in their living room in Fujiyoshida, a town 
near the foot of Mount Fuji, Mr. Watanabe and his 
wife, Fumiyo, brought out a shopping bag con- 
taining about 60 letters from North Korea, the sum 
total of their contact with Mr. Watanabe’s sister 
over the last 37 years: 

Judging from the letters, the sister, Kiseko, had a 
hard life. Her husband died in 1975, leaving her to 
finish raising the children on her own. In some 
letters, Mr. Watanabe said, she asked for a net to 
catch birds to eaL 

B UT WHILE Mr. and Mrs. Watanabe sym- 
pathized with her plight, they were ex- 
asperated by her constant requests for 

“This is the last request of my life,” she wrote in 
one letter in 1990 asking for about SI, 000 for her 
daughter’s wedding. “If I can let Myon Hee get 
married, I can die today without regrets.” 

In almost all her letters she wrote that other 
returnees from Japan were more affluent than she 
was. "They are wearing Japanese clothes,” she said 
in the same letter in 1990. “The sad thing is we 
don't have anything made in ‘Japan so we are 
ashamed walking on the street.” 

Mr. and Mrs. Watanabe sent her futons and 
clothing and food but never money. “I heard that 
even if I sent it, it would never arrive there,” he said. 
They refused to give his sister their phone number, 
afraid that she would place too many collect calls. 

In one 1990 letter, Kiseko wrote of a reported 
agreement between Japan and North Korea to allow 
Japanese wives to visit their homeland. 

“I am very happy and couldn’t sleep all night,” 
she wrote. “It's like a dream.” 

Those visits never materialized. But now tha t 
they might actually be allowed, it is not clear that 
Mr. Watanabe's sister will be able to come. There 
have been no letters from her for several years, 
leaving Mr. Watanabe to suspect that Kiseko, who 
would be 70, has died. “If she’s still alive, I wish she 
could come,” he said. 

Mrs. Nakasuji's mother died in 1995. Her step- 
father had died much earlier. But Mrs. Nakasuji still 
hopes to be reunited with her half brothers and half 

"They had no choice abont whether to go to 
North Korea,” she said in a telephone interview 
from her home in Himeji, west of Kobe. “I really 
feel sorry for them.” 

Mrs. Nakasuji sends about S20,000 to North 
Korea every year, though she is not sure how much 
of it gets to her family. 

When she left North Korea after her visit in 1992, 
her siblings accompanied her to the boat One sister 
presented Mrs. Nakasuji with a bouquet, but her 
youngest brother grabted the flowers and tossed 
them into the sea. 

Mrs. Nakasuji took that gesture as a message. 
“They couldn’t say things like T want to go home 
with you,’ ” she said. 

Bloody Battle for Power 
In Mexican Drug Cartel 

A Death Sparks War Over Cocaine Trade. 

By Douglas Farah 
and Molly Moore 

Washington Pan Service 

The death of Amado Carrillo Fuentes, 
one of the most powerful drug traffickers 
in the world, has set off a bloody struggle 
for control of Mexico’s multibillion-dol- 
lar cocaine trade, U.S. and Mexican law- 
enforcement officials say. 

Mr. Carrillo died July 4 in a hospital 
after undergoing plastic surgery and 
liposuction. The following day, Tomas 
Colsa McGregor, well known to U.S. 
law-enforcement officials as ' the top 
money launderer for Mr. Carrillo's drug 
cartel, was dragged from his Mexico 
City home, tortured and shot in the head 
several times. Over the next two weeks, 
five other mid-level cartel members 
were gunned down in Juarez, Mexico, 
the center of Mr. Carrillo’s drug empire, 
the Mexican authorities said. 

Mr. Carrillo's organization, which 
controls illegal drug shipments across the 
Mexican border from Texas to Arizona, 
is the largest c riminal organization smug- 
gling cocaine into the United States. 

In the past several years, it took over 
much of the U.S. drug-distribution sys- 
tem once managed by Colombian 
groups, such as the Cali cartel, and had 
recently gained control of the huge New 
York market, sources in the United 
States said. 

U.S. and Mexican law-enforcement 
officials said it was still too soon to tell 
who will inherit control of Mr. Car- 
rillo's organization or even who is gain- 
ing the upper hand in the bloodletting. It 
also is not entirely clear whether the 
killings are the result of infighting with- 
in Mr. Carrillo's Juarez cartel or the 
work of rival drug groups', particularly 
the Arellano Felix organization based in 
Tijuana. The Arellano Felix organiza- 
tion, led by five brothers, controls the' 
California border region and part of the 
Arizona boundary. 

U.S. and Mexican intelligence sources 
said that if a full-scale war broke out 
between the organizations it would prob- 
ably be along the Arizona border, where 
the Juarez cartel had been slowly trying 
to displace the Arellano Felix group. 

“We can foresee a period of violence 
as people try to take over or prevent 
people from taking over what is a multi- 
billion-dollar business,” said aMexican- 
based official of the U.S. Drug Enforce- 
ment Administration. “There’s always a 
state of flux after a change like this. You 
can only guess what will happen.” 

, He. added: “No one knows. The fraCr . 
fickers dotr’t know.” ■ 

Mariano Henan Salyatti, Mexico’s 
anti-drug chief, said in a television in- 
terview over the weekend that the 
Juarez cartel was “disjointed” and 
“doesn’t have a head.” He warned that 
if a consensus on a leader was not 
reached, there could be a “disinteg- 
ration of tiie cartel. " 

If the killings are the iKuJt of ad, 1 
attempt by the Arellano 
to move into territory an d _ raa fjf 

the two organizations have a long his- 
tory of violence. .■« 

The slayings thus far have been nti- & 
tably brutal. On Saturday. ^fugenw 
Rosales, a convicted drug trafficker and; 
Carrillo associate known as the geni- 
us,” died in a hail of bullets while. 
driving his car into his garage, tne Mex-' 
ican police said. Two other ™=Cuns,;a 
man and a woman, were found dead iq 
the mink of a stolen car in Juarez with* 
ropes tied around their necks, plastic 
bags taped over their heads and thed 
feet bound with wire, the police said. * 

“There will never be peace between 
the Carrillo organization and the Arel-' 
lano Felix organization,” said a senior 
U.S. law-enforcement official who has- 
monitored the cartels for years. * ‘There 
is just too much bad blood there. They 
have killed each other’s wives and chil^ 
dren; they have passed on intelligence 
about each other to law enforcement. It , 
is personal, not business. Business they-*? 
could work out.” 

U.S. and Mexican drug experts say 
the leadership of the Carrillo organi- 
zation is now being shared by three of 
his lieutenants, any of whom coukl- 
e merge as the dominant force, depend^ 
ing on internal negotiations and the will- 
ingness of Colombian suppliers to deal 
with them individually or collectively." 

U.S. and Mexican sources identified 
the three as Juan Jose (Blue) Espar-. 
ragoza, a key link between the orga- 
nization and Colombian cocaine suppli- 
ers; Vicente Canillo, Amado’s youngd 1 
brother, who was in charge of cocaine 
transpo rtati on . and Hector (the Blond) 
Palma, the most violent of the three. “ 

Mr. Palma, who was arrested in 1995 
on a host of homicide and drag-traf-p 
ticking charges, is still in prison, but 
many of the serious charges against him 
have been dismissed under questionable 

Mr. Palma is considered especially 
dangerous because of the hatred be- 
tween him and the Arellano Felix broth- 
ers. In 1989, according to law-enforce- 
ment reports, an associate of the 
Arellano Felix organization, Rafael 
Clavel Moreno, was sent to infiltrate Mr. 
Palma’s group. Mr. Clavel seduced Mil 
Palma’s wife, persuaded her to withdraw 
$7 million of her husband's money, then 
had her decapitated and sent her head 
back to Mr. Palma in a box. 

What made Amado Carrillo so ef- 
fective, U.S. and Mexican sources said, 
was his ability to meld different traf- 
ficking organizations into a federation 
that he controlled. It is not yet clear 
whether anyone in the Carrillo orga- 
nization can wield similar clout, backed 
by the use of force against enemies or 

Arafat and Levy Differ Over Talks 


GmptlaJ to (hr Staff Fntm Daptmchn 

BRUSSELS — Foreign Minister 
David Levy of Israel and the Palestinian 
president, Yasser Arafat, disagreed 
Wednesday over whether a meeting be- 
tween them had broken foe logjam in the 
Middle East peace process. 

Mr. Arafat, who at first spoke of hav- 
ing achieved “significant and positive 
steps” at foe meeting Tuesday, said 
Wednesday that “nothing was achieved 
yesterday." Mr. Levy said foe meeting 
had given new impetus to foe talks. 

Both men spoke after separately 
meeting with Belgium’s foreign min- 
ister. Eric Deiycke, on Wednesday. 

“We have every reason to be op- 
timistic. We have taken a step forward,' ' 
Mr. Levy said. 

Mr. Arafat called on the European 
Union to use its influence on Israel to 
further foe peace process. 

“I am looking to achieve something 
concrete,” he said. “We are not asking 
for foe moon, we are asking foe Euro- 
pean Union to help get results. It is very 

important that with their help we can 
save the peace process.” 

The peace talks, first opened in Oslo 
in 1993, have been steadily sliding into 
crisis since March this year when the 
Israelis began building 6,500 houses in 
Arab East Jerusalem. 

Mr. Levy on Wednesday rejected sus- 
pending the building project. 

“We had no preconditions yester- 
day,'’ he said, adding that the Oslo ac- 
cords did not rule out building in East 
Jerusalem. ( Reuters , AP) 

■ Jewish Group Claims Attack 

iVwi agencies reported from Jeru- 

A Jewish extremist group claimed re- 
sponsibility Wednesday for an assault 
on a member of foe Palestinian legis- 
lative council, Israeli radio reported. 

The “Front for the Zionist Idea" sent 
a beeper message to Israeli Radio saying 
it was behind a car chase and assault 
Wednesday morning on Abbas Zaki, a 
Palestinian legislator from Hebron. 

The attack was committed “in defense 
of Jerusalem,” said the group, which is an 
offshoot of foe Kach movement, an anti- 
Arab group banned by Israel since 1994. 

Five Israelis in a car chased Mr. Za- 
ki’s car to Jerusalem’s southern edge, 
and, when they stopped at a red light, 
“They beat on foe car and tried to drag 
out Zaki,”- said foe legislator’s driver, 
Fraid Jabalin. “I got out and scuffled 
with them. Then the light turned and 
they got back in their car and drove off,’ ’ 
he said. Mr. Zaki was uninjured. 

In another incident, an Israeli Arab 
who rammed bis car into a group of 
teenage British tourists and then went on 
a stabbing rampage with a sword has 
been admitted to a hospital, foe Israeli 
police said Wednesday. 

Israel Radio said the man had a rup- 
tured spleen. 

A British woman and a youth were 
taken to a hospital Tuesday night with 
stab wounds and later discharged. Eight 
other people were slightly hurt in foe 
attack near Jaffa. (AFP, Reuters) 

Israel Adopts Bill to Tighten Hold on Golan 

Can(dfdbyOm Staff Front Dispmckrs 

JERUSALEM — Israel toughened its 
stance against Syria on Wednesday by 
adopting a bill aimed at blocking any 
future withdrawal from the occupied 
Golan Heights, foe strategic plateau cap- 
tured from Syria in 1967 and annexed in 

The proposal, which sparked an op- 
position walk-out, stipulates that any 
move to withdraw from foe Golan 
Heights must be approved by a two- 
thirds majority, or 80 members of foe 
120-member ParliamenL 

“Strengthening foe law on the Golan 
does not undermine negotiations with 
Syria,” Prime Minister Benjamin Net- 
anyahu said after (he vote. “On foe 
contrary, it will contribute to peace be- 

cause Syria must understand that the 
Golan is indispensable to IsraeL” 

But opposition Labor parliamentar- 
ians said foe bill would kill off foe pros- 
pect of peace talks with Syria. 

“This means foe government of Israel 
cannot conduct negotiations with Syr- 
ia,” said Haim Ramon, a Labor party 
legislator. “This will lead to a greater 
break with Syria, I think to greater de- 

Syria has demanded the full return of 
the Golan Heights before foe talks can 
resume. The previous Israeli govern- 
ment said the scope of any pullback on 
the plateau would match the depth of the 
peace achieved. 

The bill, passed by a vote of 43 to 40, 
must go through three readings in the 

Knesset before it becomes law. Mr. Net- 
anyahu and most of his ministers voted 
in favor of the bill even though foe 
government had announced earlier that 
it opposed it 

The last-minute about-face enraged 
the opposition, which called for a new 
vote and announced a boycott of Par- 
liament, accusing foe government of de- 
ceiving members about its intentions. 

(AFP, Reuters) 


The name of a former U.S. ambas- 
sador to South Korea, James Laney, was 
misspelled in a caption in Wednesday’s 

Eurotunnel Strike Disrupts Traffic 

PARIS (AP) — Striking French employees of Eurotunnel, 
foe Channel Tunnel operator, blocked tourists from boarding 
shuttles bound for England on Wednesday afternoon, a com- 
pany spokesman said. 

Eurostar passenger train service was unaffected. 

Asia-Pacific Air Travel to Soar 

SINGAPORE (AFP) — Demand for air travel in the Asia 

Pacific region will grow by an annual 7.4 percent in the years 
to 20 1 0, twice as high as the growth in the rest of the world, an 
•industry body predicted. ' 

The Air Transport Action Group forecast there would be l.f 
billion passengers traveling to, from and within foe Asia- 
Pacific region by 2010. 

AH Nippon Airways and Japan Air Lines will expand 
service to China starting in November. ANA will begin a thrice- 
weekly service from Osaka to Tianjin and Shenyang. JAL will 
expand its twice-weekly service from Osaka to Dalian. (AFP) 



Forecast lor Friday through Sunday, as provided by AccuWeather. 













19/06 ■ 


21/70 4 



15/50 oh 


13/55 911 



SMB pc 


11*2 PC 





26tT9 o 



18/81 pc 





18/64 pc 


17*2 srt 





16*1 c 



14/57 c 


13*5 r 


18/64 c 


16*1 pc 

Copontaaon 23/73 
CoflU Do* fid 25/77 

18/BI C 
17432 3 



15/58 8h 
19*0 o 



13*6 c 


12*3 C 



1K5 r 


11/52 r 





18*4 pc 



15/59 C 

23m 15/59 * 



14/57 r 


14*7 r 





16*1 c 





22/71 pc 



16*0 C 


18*1 ah 

Lus Paints') 


ib/ 04 a 






29/84 21/70 O 



16/01 r 


14*7 pc 



13/55 C 


17*2 S 



17762 pc 


10*6 • 



lt**4 pc 


10*4 C 



14/67 PC 


15*9 pc 



14*7 art 


12*3 W 



21/70 pc 

2W82 21/70 pc 



15/69 r 





15/58 pc 


14/57 1 



1353 c 


13/56 pc 



12*3 art 





18*1 C 


I7782 C 



2088 pc 


19*0 PC 

X Paursbug 24/76 

17/62 c 


17*2 pc 



15/58 pc 


15*9 pc 



Ififfil C 


13/55 r 



18/81 C 


16*1 c 



1WB4 r 


10*4 r 




27*80 1H*4 art 





10*1 pc 


14/57 6 


14*7 art 



1061 r 


14*7 r 

Middle East 

Abu Dhobi 


28/82 B 

40/104 29*4 s 


26 m 

19*8 3 





xtsa a 

35/95 20*88 



14*7 6 


14*7 a 



13*6 s 


14/57 a 



IB/04 a 


20*8 8 


42/107 29/84 i 

43/109 29*4 a 


North America 

Very hoi and humid Irom 
tne southern Rains to the 
Midwest and Ohio Valley 
Friday through the week- 
end. Steamy in the South- 
east with a thunderstorm m 
spots. Heavy ram ending in 
New England and (he 
Noriheast early Friday. 
Ihen some sunshine and 
warmer through the week- 


Showers and thunder- 
storms with a lew heavy 
downpours in Germany 
and Poland Friday will 
afleer Belarus, the Balkans 
and Romania over the 
weekend London to Pans 
will be partly sunny and 
breezy, but there can be a 
stray shower at times 
Warming up in Madrid witn 
lots of sunshine 


Typhoon Rosie is a very 
dangerous storm mat will 
probably slam into south- 
ern Japan fate Friday or 
Saturday with devastating 
winds. Hooding rams and 
very nigh seas that wil bai- 
ter the coast Bevng win be 
sunny and hot through me 
weekend with the chance 
ot a stray thunderstorm 



■afnei 1 1, a 

K Luncur 
K. KinMi 
Now OWN 

Phnom Panrt 










High LowW 
tap c* 
3©97 15/59 » 

JirSB 27/SO r 
KISS 25/77 S 
28182 26176 t 
31/88 24/75 r 
32/89 25/77 r 
29/84 26/75 *1 
32/83 2(1/79 c 
31/86 24/7£ r 
29/84 J4/7S c 
38/100 26/79 a 
31/68 22/71 pc 
3391 27/BO pc 
31/88 23/73 c 
31/88 22/71 pc 
31/88 23/73 r 
3S9S 26m pc 
31/68 25/77 r 
31/88 27/80 r 
32/89 28/nc 
32/89 23/73 r 
32/89 23/73 pc 
3iiga 22 m pc 
SUBS 23/73 pc 
n/M 22/71 PC 
32/89 26/79 c 

High LowW 
3087 16/61 6 
31/88 20*8 pc 
29/84 26/791 
3097 27/80 I 
28/82 25/77 t 
31/88 24/75 l 
31/88 24781 
29/84 25/77 pi 

30/88 28/78 8/ 
31/88 28/791 
26/82 24/75*1: 

38/102 27/801 
31/88 23m pc 
33/91 27/80 pc 
32/89 23/73 pc 
31/88 22/71 pc 
31/88 23/73 c 
33/91 2S/77r 
31/88 27/80 I 
29/84 28/79 I 
3*84 2078 l 
32/BB 23/73 PC 
31/88 23TO pc 
31 /Be 22/71 pc 
31/B8 23/73 pc 
38*2 23/73 pc 
3*84 2077 ah 



14*7 a 

26/7® 16*1 ■ 

North America 



®43 pc 
16*1 s 

12*3 2/36 pc. 
34m 20*88 - 



High LowW 

22/71 12/53 c 


High LowW 
Cff OF 
21/70 12*3 pc 



Hfgtl LowW 
3086 20*81 

High LowW 
31*8 19*6 pc 







2am r 
1Q/S0 pc 
22/71 s 

27/BO 13*5 8 • 
2®8? 22/71 c . 
asm 11*2 pc, 
30*8 17*2 8 


20*8 17*2 ah 


16*68 r 



3383 25/77 pc 

Latin America 







Lon Angelao 


38/100 24/75 o 
33/91 17/02 s 
29*4 18*4 an 
3096 22/71 pc 
MOT 24ms 
£9*4 -17A3 s 
32® xm PC 








24/75 pc 
16*1 1 
80*8 pc 
2»73 pc 
23/73 pc 
17*? pc 



Son Fran 












23/73 pc 
13/55 pc 
12*3 pc 
15*9 Sh 
10*0 pc 

33*1 23/73 l 
40/104 27*80 1 
23m 14IS7 p« 
21/70 12*3 pc 
29*4 18*4 pc 
21/70 8/46 pc 
30*6 22/71 pc 

BuanosAfttta 18*4 
Caracas 31/88 

Una 22/71 

MflriGOCSy 28/79 
HodeJancoo 22/71 
Sontngo 21/70 

11*2 c 

17*2 a 
12/53 pc 
14*7 pc 

larw 12/53 ah 
30*6 24/7EC ■ 
21/70 17*2 3 • 

23/73 13/SSc - 
20*8 18*1 pc 
19*6 8/48 po 

Logond: s-amny. pe party doudv. c-dtxid/. Svswwml MhundeisKVTnv r-ran. st-om*. hams, 
swmtwr. Ihco, w-weaihe/. 



12/53 4/39 

iaw 10/50 

A two-month trial 
Save up to 60% 

Try a special, law cost 2-monifi trial subscription to the 
International Herald Tribune to enjoy delivery to your 
home or office every morning AND save up to 60% off 
the newsstand price. 












55 r -, 














3 1 G 









1 S2 






























' S 














11, 700 


















^ Kn, I woJd blc to ttorl recpntng tfw I nte rn ati onal Hemld Tribune. 

I Charge mjr. D Amex □ Oners □ VISA □ Access □ MasterCard □ Eurocord 
I For erUS and Ajtonpncm, cmdfr etedswid be dwugad in Froodi Francs al cumcni rams 

I Card No F«p fV*. 

I Signature: ,.—.. — . . . . 

( For business orders, ndknrt p/ VAT No: — — , — 

J IHT VAT Number F 97 473303 1136) 

• Mr/Mn/Ms Family Nome. — . . . 

I R»vt Mrowa- _ Ink Tirin- _ 

| Mtwfcng dftrtw*,- 

| Gty/Codo: 


Home Tel No:_ 
E-Mftd Address 

. business W No: . 

t?” ar :% ‘ „ U *+* n aiHina □ o*wr li 

□ I do no/ wth to weened comp** I' 


*»■ i: 0 


Printed by Newsfax International, London. Registered as a newspaper at the past office. 



4 u g Cart^ 

wCocttine ^ 

) rjr, ^ have |w 

Mia ir-tf.-T 1 ? 


Nuns to Testify in Funds Probe 

Muffing Justice Department, Senators Vote for Immunity 


Pohc e , 

>• >mu£ 

The Associated Press 

.WASHINGTON — Before turning 
their attention to non-U.S. donations to 
the Republican Party, Senate campaign- 
finance investigators rebuffed the 
Justice Department, voting Wednesday 
tagrant immunity to four Buddhist nuns 
iqyolved in a fund-raising event atten- 
ded by Vice President A1 Gore in 1996. 

'.The immunity vote opened a third 
^eefc of public hearings into campaign 
fund -raising abuses that will give Demo- 
crats their first chance to go on the 
offensive. The committee planned to 
hear testimony about the relationship of 
Ambrous Tung Young, a Hong Kong 
businessman, with the Republican Parly, 
the party’s former chairman, Haley Bar- 
bour, and the National Policy rorum 
think tank that Mr. Barbour formed. 

But first, a handful of Democrats 
joined all nine Republicans on the Gov- 
ernmental Affairs Committee to grant 
the limited immunity, opening the door 
for the four nuns to testify. 

The committee also granted immunity 

to a Democratic donor from Virginia. 

The Justice Department had urged the 
committee not to grant immunity, citing 
its investigation into fund-raising abuses, 

■ A Conflict of Interest? 

Eric Schmitt of The New York Tunes 
reported: ■ 

The chairman of the Senate commit- 
tee investigating campaign finances ac- 
cused the Justice Department of enga- 
ging in “a hopeless conflict of interest’ ’ 
by opposing the Republican offer of 
limited immunity. 

The committee's chairman, Senator 
Fred Thompson, Republican of Tennes- 
see, rejected the department’s conten- 
tion that granting immunity might com- 
promise me department's own inquiry. 

Mr. Thompson said this possibility 
was remote and implied that the de- 
partment was shielding the White House 
from potentially embarrassing disclos- 
ures about gifts to the Democratic Party 
made by members of a Buddhist temple 
in Southern California last year. 

Mr. Gore attended a fund-raising 
event at the temple, and the nnns to 
whom the committee granted immunity 
are members of the temple. 

All in all, the chairman said Tuesday, 
the department has created “a hopeless 
conflict of interest" 

The five prospective witnesses, who 
have all made clear that they will not 
testify without immunity, are relatively 
low-level figures in the inquiry. But 
some of the nuns attended the fund-raiser 
where Mr. Gore was the featured speaker 
and, despite their vows of poverty, were 
later listed as having made $5,000 con- 
tributions to the Democratic Party. 

Apart from the four nuns, the fifth 
person be granted immunity by the com- 
mittee was Keshi Zhan. a $22, 000- a- year 
employee at the welfare department in 
Arlington, Virginia, who donated 
$15,000 to the Democrats last year. Ms. 
Zhan also served as a fund-raising hostess 
for Yah Lin Trie, once a restaurant owner 
in Little Rock, Arkansas, who became a 
prominent Democratic ftmd-raiser. 

i . J un HitdC 


Republicans Trumpet Pact on Tax Rill 


„ ■; r . u = ym. 

ri WPlicr:.*, 

■■ --w: 


By Richard W. Stevenson 

New York Times Service 

W »•. 

publicans from both houses 
of Congress say they have re- 
solved almost all the differ- 
ences between their respec- 
tive tax bills and will present a 
united front in Hying to reach 
a deal with President Bill 
Clinton's administration. 

_? Differences between the 
ways the Honse and Senate 
arrived at an $85 billion tax 
cut were substantial and had 
complicated negotiations be- 
Jween Republican leaders and 
■' *-r ’TP® administration on a com- 
promise dial President Clin- 
ton would sign. 

. “We had a very, very good 
negotiation," Newt Gingrich, 






of the House, said 
r the meeting. “We’re very 
dose to getting this done.' ’ 
But in agreeing to take a 
single position in the talks 
with the White House, Re- 
publicans adopted some po- 
sitions Tuesday night that 
were closer to the House bill, 
which Mr. Clinton had made 
clear was unacceptable, and 
away from the Senate bill, 
which administration offi- 
cials had said provided a rea- 
sonable starting place for ne- 
gotiating a compromise. 

Republican leaders did not 
disclose details of the deal 
they worked out on the House 
and Senate bills. But people 
involved in the talks said it 
retained a provision in the 
House bill that would allow 

investors to subtract the ef- 
fects of inflation in calculat- 
ing their capital gains. 

Mr. Clinton said such a 
provision would lead Him to 
veto the bill because it would 
cost the government so much 
in revenue in coming decades 
that it could send budget def- 
icits out of control a gain. 

The Republicans also 
maintained their opposition to 
malting more low-income 
working families eligible for a 
proposed tax credit of $500 a 
child. Mr. Clinton has pressed 
Republicans on the issue, say- 
ing that families making 
$20,000 to $25,000 a year 
who already benefit from the 
earned income tax credit de- 
serve the child credit as much 
as anyone else. 

The unified Republican 
plan takes a position on the 
child credit between the 
House bill, which Mr. Clinton 
considers unacceptable, and 
the Senate bill, which is 
closer to what he wanted. 

The Republicans left un- 
resolved two major differ- 
ences between the House and 
Senate bills: whether to in- 
crease taxes on cigarettes by 
20 cents a pack, and how to 
structure an extension of a tax 
on airline tickets. 

Republicans said they 
hoped to begin full-scale ne- 
gotiations with the adminis- 
tration on the tax bill Wednes- 
day and to send a bill to 
President Clinton for his sig- 
nature by the time Congress 
recesses in early August 

r: ,v - 

Crime Sweeps Brazil as Police Strike 

Poor Pay, or None, and Fiscal Crises Underlie the Spreading Walkouts 

i*. ' 

’ V' 1 :no ‘ 

By Anthony Faiola 

WtufungtonPoat Service ■ 

REOOF^; Brazil. — In five chaotic 
d&ys in this .beachside metropolis, the 
daily homicide rate has tripled. Bight 
banks have been robbed. Gangs have run 
wild through a shopping mail and driven 
through upper-class neighborhoods 
Shooting guns. No one is obeying the 
traffic laws. 

Recife, a city of 2 million in the poor 
northeastern state of Pernambuco, is just 
one of several cities and towns across 
Brazil ravaged by a rash of police strikes 
ihat have caused a national crisis. 

Army troops have arrived to keep the 
peace, but the 3,000 soldiers have been 
ohable to do the job of 18,000 striking 
metropolitan-area police officers, and 
gangs of roving bandits terrorize the 
outskirts of the city. 

- - “We are afraid to leave our homes,” 
said Jaqueline Acioli, 25, as she waited 
outside Recife’s morgue. “We are afraid 
to be anywhere out on the streets. How 
can this be happening?” Her brother was 
shot in his home by robbers Monday 
bight. “This. is total madness." 

..Since the illegal strike over wages 
began here July 16, the crime wave has 
tested the limits of the city morgue and 
left the largest state hospital overflowing 
with gunshot and stabbing victims , with 
patients lining the floors of hallways. 
Several pharmacies have been raided by 
bandits for drugs. 

“ “There has been no thing like this here 

in decades, since the days of the military 
coup," said Roberto Franca, justice sec- 
retary of Pernambuco state, referring to a 
military takeover in 1964. “This kind of 
lawlessness is unprecedented here.” 

The police' strikes, which began a 
month ago in the southeastern state of 
Minas Gerais, arose over low pay and, in 
many states, fiscal crises that have 
blocked pay increases. Rank-and-file 
policemen argue that they cannot sur- 
vive on their meager salaries: In Recife, 
die average patrolman makes $286 a 
month, while senior officers often take 
home 15 times that amount. 

The strikes, illegal under Brazil’s 
Constitution, nevertheless have spread 
through 15 of its 27 states. They have 
crippled the northeast and southeast and 
appear to be moving into the south- 
ernmost states, witif the most populous 
cities and many crucial industries. 

In Sao Paulo, 2,000 policemen and 
supporters marched this week, threat- 
ening to strike if pay were not increased 
by at least 33 percent Police also are set 
to strike in Rio Grande do Sul state. 

The army has been called out to pro- 
tect government buildings in four stales 
but has met resistance not only from 
lawbreakers but from striking police. In 
the northeastern state of Alagoas, where 
police have not been paid for six months, 
gunfights broke out between army 
troops and police wearing black masks 
and wielding pistols. The governor of 
the cash-strapped stale resigned. 

Some Brazilians are saying the strikes 

amount to blackmail. Officials are faced 
with the choice of raising police pay or 
leaving the streets of major cities un- 
protected. In Minas Gerais, the governor 
gave in, offering substantial raises that 
many said the city could not afford. 

The strikes highlight the massive 
problem with police in Brazil, where 
they have come under intense attack for 
brutality and reckless behavior, espe- 
cially since March, when policemen in 
Rio de Janeiro and Sao Paulo were 
caught on videotape torturing citizens. 

The moves sparked the government in 
Brasilia to form a committee to revamp 
the police system, eliminate the special 
military courts used in cases of brutality 
and substantially improve training. 
Some say that, while the strikes are 
primarily over low or unpaid wages, 
underlying tension between police and 
civilians has turned them violent. 

President Fernando Henrique Car- 
doso has condemned the strikes and 
offered to restructure debts of finan- 
cially strapped states to help them im- 
prove pay. 

Leaders in Recife have called for the 
federal government to send more 

“I fear for my life here,” said Andre 
Mulatinho, manager of a bank that was 
robbed last weekend, when armed men 
took $21,000. 

“Usually, there are two police of- 
ficers across the street from this bank. 
But we had no one — no one. I can't 
believe this is happening.” 


Gingrich Reasserts 
Authority in House 

WASHINGTON — Newt Gingrich 
has emphatically reasserted his author- 
ity as House speaker, telling a private „ ... £, . 

Republican session there is “a single tfUfllllOT SttVlTlgS 

lln» nf nilfhnrTtir ' 9 in rfiA Ut-nicp anrl ho Cy 

lation cleared the Senate last week, 83 
to 17. Shortly before the House vote, a 
postal spokesman acknowledged the 
issue’s “seeming momentum" and 
said the Postal Service would obey 
Congress’s wishes. (WP) 

will think twice before prosecuting a 
member of Congress in the future. 

A spending bill sent to the House 
: Tuesday contains a provisii 
would let members of Congre 

ion that 
>s and 

line of authority" in the House and he 
is it, participants said. 

At the same time, House Repub- 
licans scheduled an evening session to 
demand a fuller accounting from party 
leaders about whether they played a 
role in an abortive coup attempt against 
Mr. Gingrich. 

Republicans emerging from the 
closed-door session generally said they 
did not expect any further leadership 
changes now and described Mr. Gin- 
grich as clearly in charge. (AT) 

Medicare Savings 
Sought by Clinton 

WASHINGTON — In a push to 
achieve long-range savings in the 
Medicare program. President Bill Clin- 
ton has vowed to “defend the vote of 
any member of Congress, Democrat or 
Republican," who supported raising 
premiums for the affluent elderly. 

Mr. Clinton spoke a day after con- 
gressional budget negotiators reached 
an impasse in talks to rein in the cost of 
the federal health insurance program 
for the elderly. House Republicans said 
they feared that adopting the proposed 
savings would make them vulnerable 
to attacks by Democrats in next year's 
campaigns. Mr. Clinton on Tuesday 
firmly supported the politically sen- 
sitive move to charge the affluent more 
for Medicare. 

The Senate has proposed premiums 
rising on a sliding scale for single be- 
neficiaries with incomes of more than 
$50,000 a year, and for couples with 
incomes of more than $75,000 a year. 
The proposal would affect about 8 per- 
cent of those now receiving Medicare 

“My best judgment is that a big 
majority of the American people will 
support this," the president said. 
“They understand how big the baby 
boom retirement generation is. They 
understand how large the subsidy is on 
Medicare.” (NYT) 

Stamps for Research 

WASHINGTON — Congress has 
discovered a new way to raise money 
for breast cancer research: by selling 
stamps at more than their face value. 

The House directed the U.S. Postal 
Service to issue a breast cancer stamp 
that could be sold with a surcharge of 
up to 8 cents. The extra money would 
be dedicated to research efforts. Some 
legislators predicted it would be the 
first of a series of special stamps to 
fund research against various dis- 

Postal officials initiaUy objected to 
the measure, fearing the idea would 
spread to other causes. Similar legis- 

NEW YORK — Ruth Messinger 
outlined more than $1 billion in re- 
ductions in the New York City budget, 
promising they would cover the heavy 
round of spending she has proposed in 
her mayoral campaign. Many of her 
proposals were directed at city work- 

Ms. Messinger, the likely candidate 
for the Democratic mayoral nomina- 
tion, said city employees should work 
more hours and agree to eliminate or 
reduce such long-established benefits 
as paid sabbaticals for teachers and 
letting onion officials do union busi- 
ness on city time. 

Ms. Messinger has often resisted 
many of the ideas she embraced in her 
speech. Some recalled the themes 
Mayor Rudolph Giuliani, a Republi- 
can, raised in his 1993 campaign, then 
largely abandoned as he sought his 
peace with the city’s unions. (NYT) 

You Lose, You Pay 

WASHINGTON — Some House 
members hope the Justice Department 

floor Tuesday contains a 


their legislative staff recoup legal fees 
if they prevail in court. The money 
would be deducted from the Justice 
Department’s budget 

The "you lose, you pay" penalty 
was approved almost a year after Rep- 
resentative Joseph McDade, Repub- 
lican of Pennsylvania, chairman of the 
House Appropriations energy and wa- 
ter development subcommittee, was 
acquitted of bribery and racketeering. 

Representative John Murtha, Demo- 
crat or Pennsylvania, who spearheaded 
the amendment, said his effort was less 
about Mr. McDade than “the inde- 
pendence of the Congress.” It would 
apply to members and staffers mos- 
ecuted in connection with their official 
duties, Mr. Murtha said. It was ap- 
proved by the House Appropriations 
Committee on a voice vote. (AP) 

Quote / Unquote 

Dick Armey, the majority leader, in 
a letter to fellow House Republicans 
denying that he ever joined a plot to 
remove the speaker, Newt Gingrich: 
“Ar this point, I couldn’t care less 
whether I'll be speaker, majority lead- 
er, or dogcatcher, but I’ll be damned if 
1’U let ray name and honor be de- 
stroyed.” (NYT) 

Ron Edmmh/Tlic Anocalod Pit** 

GASP — Senator Edward Kennedy listening to “The Extinguisher" 
at an American Lung Association event aimed at curtailing smoking. 

Away From 

•The IIS. warship Consti- 
tution showed some minor 
damage during its one-hoar 
sail this week. The Boston 
Herald reported, quoting 
unidentified sources. The 
navy said the 200-year-old 
vessel would undergo tests 
before it sailed again. (AP) 

lows manufacturers in the 
Los Angeles area to buy and 
scrap old, high-polluting cars, 
and in return, collect credits 
without having to clean up 
emissions from their own op- 
erations. Pollution trading has 
been favored to give indus- 
tries choices in how they 
clean up air pollutants, so 
they can cut costs and expand 
their businesses. The environ- 
mental group filing the com- 
plaint says the strategy allows 
*‘hot spots” of toxic com- 
pounds to be created, threat- 
ening the health of people in 
industrial areas. (EAT) 

• Environmentalists are 
charging that a major air 
pollution strategy violates 
the civil rights of people liv- 
ing in low-income, minority • After hearing evidence 
communities. They have filed against themselves for two 
a federal complaint that calls ' months, four garbage-in- 
into question an endeavor dustry officials abruptly in- 
called pollution trading. A na- terrupted their trial and 
tionwide initiative spawned pleaded guilty to charges that 
in Southern California, it al- they had participated in a car- 

tel that controlled New York 
City’s mititimiliion-doffar 
private trash-removal busi- 
ness. (NYT) 

• A U.S. government in- 

formant who helped arrange 
a drug sting was found dead in 
Mexico, the FBI said. Hector 
Salinas Guerra, 42, had been 
abducted five days* earlier by 
armed men. (AP) 

• A frizzy fax with an of- 
ficial-looking sheriffs let- 
terhead sent to the jail in 
Richland County, South Car- 
olina, led officers there to free 
a man who had been wanted 
on assault and weapons 
charges. The letterhead 

wed a fake, and the letter 
been sent from a public 
fax machine in a grocery 
store. The suspect has not 
been recaptured. (AP) 

• Law-enforcement offi- 

cials in four states said they 
foiled a plot by an anti-gov- 
ernment group to attack mil- 
itary installations. Two police 
agents helped the case, the 
authorities said, by infiltrat- 
ing the group. (NYT) 

• A man who struck a boy 
on the head with a 10-pound 
(4. 5 -kilogram) frozen chick- 
en duiing a fight with the 
boy's mother has been sen- 
tenced in San Diego to eight 
months in prison. (AFP) 


to jnnr door 
l« 7-12 dbmym 
350,000 Oka • not a dub ■ tne catalog 
Tal: +33 (0)1 39 07 01 01 
Fax: +33 (0)1 3907 00 77 

m wu ****'■*?*. 

*. ■■ 

' .1 «***’*'* 

Mondays, Wednesdays, Fridays 

and Saturdays are 



The IHT’s Intermarket regularly features two pages of classified advertising for the following categories: 

MONDAY Recruitment, Education, Secretarial, Internet Services. 

WEDNESDAY Business Opportunities, Franchises, Commercial Real Estate, 

Telecommunications, Automotive, Entertainment. 

FRIDAY Holidays, Travel, Residential Real Estate, Dining Out 
SATURDAY Arts, Friendships, International Meeting Point, Nannies & Domestics. 

A dwl happwis at The Intermarket. Call Sarah Wershof on +44 171 420 0348 





* f/. 

Swiss Bank TeDs of More Accounts 

' ■ M ?S:I: •" ■ :V. U 'iP'xii 

i&i •: : ‘-iFk S'- ■ \::m 

By Alan Cowell 

Nat fork Times Service 

ZURICH — As Swiss banks sought to 
claw back credibility lost in their han- 
dling of dormant accounts thought to 
belong to Holocaust victims, one of the 
country’s top three banks acknowledged 
publicly Wednesday that it had earlier 
railed to report the existence of accounts 
worth over $10 milli on that may include 
Jewish assets. 

The admission by Swiss Bank Corp. 
in Basel clouded an unparalleled move 
by the banks to publish details of 
dormant accounts opened before May 9, 
1945, at the end of World War H The 
banks are hoping to counter persistent 
criticism from the United States and 
from American Jewish groups that they 
callously boarded assets belonging to 
slain Jews for more than a half-century. 

In newspaper advertisements in 28 
countries and on a new Internet site, the 

the country’s 400 banks, listed 1.756 
dormant accounts along with the names 
of their owners and of people with power 
of attorney over them. 

The move was said by banking of- 
ficials to represent an unheard -of de- 
parture from Switzerland’s bank secrecy 

laws. The offer to identify the heirs to 
dormant accounts was far more aggres- 
sive than previous Swiss efforts to 
identify dormant accounts, which pro- 
duced only limited results and fed as- 
sertions that die banks were deliberately 
thwarting claims by relatives of Holo- 
caust vic tims . But from the names pub- 
lished Wednesday it was uncles how 
many were Holocaust victims. 

The Swiss Bankers Association said 
two-thirds of the accounts were valued at 
less than $3,500 and that 10 percent of 
them accounted for 90 percent of the 
total value. 

The accounts advertised wore valued at 
60.2 million Swiss francs ($40.6 million) 
— about 50 percent more than banks had 
acknowledged they were bolding only a 
few months ago, when the institutions 
said they were aware of only 775 dormant 
accounts worth around $30 million. 

Banking officials explained the dis- 
crepancy by referring to the announce- 
ment from Swiss Bank Corp. on 
Wednesday that it had failed to report the 
existence of accounts worth 16 million 
francs because of errors in transferring 
details about them onto a computer data- 
base in the 1970s. 

The 55 accounts that had not been 
reported before bad been discovered 

only with manual searches, the Swiss 
Bank Corp. statement said. . 

Previously, wartime accounts had 
been listed along with accounts dormant 
since the 1970s and 1980s and had not 
(berefereshown up in computer searches 
for the older assets, said Michael Willi, a 
spokesman for Swiss Bank Corp. 

The bank’s admission was the second 
time this year that big Swiss banks have 
acknowledged major blunders. 

'Ll January, Union Bank of Switzer- 
land dismissed a night watchman who 
discovered officials shredding bank doc- 
uments (hat may have related to the 
wartime era. 

The move to publicize details about 
dormant accounts was by far the most 
sweeping action undertaken by Swiss 
banks in two years of confrontation with 
U.S. politicians and Jewish groups. 

But Paul Volcker, the former chair- 
man of the U.S. Federal Reserve who 
heads an independent commission in- 
vestigating die whereabouts of dormant 
accounts, said it was only the ’’first 
step” of a broader process involving 
independent audits of banks to verify 
Wednesday’s findings and to seek any 
evidence of malfeasance such as looting 
of accounts by Swiss intermediaries or 
bank officials. 

J { } % & 1 ; . Si*:- 

. *T? 4 u - --"■ 

T** > 1 n £ 

'\ v ^ • * ' C~1 — 

*“ 1 * . 

/ - * Tt- > 

V ■ . > -r - 

■- • • 


' > v 

. . . ■ ^ » *■' *»' i 1 1 1 atv 

-AtVr* - rli 

FAMILY: List of Dormant Swiss Bank Accounts Brings Hope 



Continued from Page 1 

ety. “She said she wanted nothing to do 
with it,” Stephan said. 

She was so nervous that neighbors 

society. The Hollas family lived in a esienstadt, a concentration camp outside 
grand villa in Prague's leafy Bubeuec Prague. They survived, and Helmut was 
district and Helmut owned a successful reunited with his family in Prague in the 
firm, with its own building in the city summer of 1945. 

A tanker with natural leaving Qatar for Japan. Qatar has huge gas reserves that may transform its economy. - 

QATAR: Natural Gas Reserves Set to Give the Emirate Vast Wealth 

center. The family traveled in a 12- 

might become jealous if they learned of cylinder Tatra 80 limousine. 

.1 TO I.. ^ _l.„ U. Kr,.. **._*.; 

the Swiss account that she asked her son 
to keep his last name, which is not Hol- 
las, out of news accounts of die dis- 

Despite his mother's reluctance, 
Stephan plans Co file a claim for the 
Swiss account. 

“I still can’t find out why he didn’t 
touch this account after the war,” 
Stephan said. “My mother said the only 
thing she can think of is that he wanted 

For three years, the family tried to 
recover (heir property in Czechoslova- 
“They were rich bourgeois, moving Ida, including the Bubenec villa, first Once there is money to spare, the 
all the time between Prague and Karls- seized by die Nazis, then by Czech- countiy ’s emir. Sheikh Hamad ibnKhal- 
bad and Salzburg and northern Italy,” oslovakia’s co mmunis t government In ifa Thani, has indicated that one of his 
said Stephan. 1948, Helmut Hollas fled his homeland top priorities is to create a high-quality 

But when Nazi Germany occupied the for a second time, taking his family with university for this nation of less than 
Czech lands in March 1939, tneir life him. They crossed a river by night in a 600,000 people, 
changed. His grandfather’s textile-trad- small boat, then sneaked through the The emir — who pushed aside his 
mg business was confiscated by the forests and over the .border to occupied father in June 1995 — and his advisers 
Nazis and turned over to a Czech of Austria. have made clear that they hope to learn 

Continued from Page I 

Once there is money to spare, the 
country’s emir. Sheikh Hamad ibnKhal- 

from traveling abroad on government 
money unless it was for official busi- 

The obstacles to transforming Qatar’s 

German origin. Helmut Hollas sensed 
the danger and fled to England. His wife 

oslovakia’s co mmunis t government. In ifa Thani, has indicated that one of his gas into wealth have been monumental, 
1948, Helmut Hollas fled his homeland top priorities is to create a high-quality and for years die previous emir. Sheikh 
for a second time, taking his family with university for this nation of less than Khalifa ibn Hamad al Thani, was hes- 
him They crossed a river by night in a 600,000 people: itant about borrowing heavily abroad to 

small boat, then sneaked through the The emir — who pushed aside his finance the project 
forests and over the. border to occupied father in June 1995 — and his advisers While Sheikh Khalifa was on the 
Austria. have made clear that they hope to iearn throne when the project was begun, the 

the money back and the Swiss told him refused to leave, and stayed behind with 

you don't have the money here.” 
Helmut Hollas and his wife belonged 
to the upper echelons of prewar Prague 

her two daughters. They hid in Slovakia reassemb 

until April 1944, when they were caught 
by the Nazis and transported to Ther- 

lstria. have made clear that they hope to iearn throne when the project was begun, the 

“They arrived with nothing,” said from tire mistakes of other rich Gulf current emir. Sheikh Hamad, who ran 
Stephan. nations. They don’t want Qatar to be- the government's day-to-day affairs for 

For Stephan, who grew up in Austria, come another Saudi Arabia, which has three years, before taking supreme 
tssembuQg his grandfather's past has had to contend with a public backlash power, has been the driving force behind 

expected to double in the next decade. 

While not practical for most trans- 
portation needs, natural gas can be ad- 
apted to nearly every other industrial use 
with far less environmental damage than 
that caused by burning coal or oil. The 
main obstacle to its wider use has been 
that it is generally much harder than oil 
to move from where it is produced to 
where it is needed. 

“This countiy took some big risks, 
but right now it’s looking as if they will 

a, who grew up in Austria, 
his grandfather's past has 

the government’s day-to-day affairs for pay off,” an international banker here 
three years, before taking supreme said. 

been a personal mission since the fall of bred by internal resentment as many of die gas project, according to Western 

SWISS: Jewish Group Reaffirms Lawsuit 

Continued from Page 1 

fact that “the wisdom of Solomon and 
not the wisdom of the bankers'’ will be 
used in adjudicating any claims to the 
dormant accounts. 

People with valid c laims on Swiss 
accounts have been turned away in the 
past because they could not produce 

“In Auschwitz,” he said, “they did 
not provide death certificates or return 
check -stubs.” 

Some of tiie names issued by the 
Swiss Bankers' Association on the In- 
ternet Wednesday (www.dormantac- coincided with a list pub- 
lished by the Wiesenthal Center on the 

communism. In the summer of 1990, be 
arrived at Prague's main train station 
clutching the same suitcase his grand- 
father carried when the family fled 
Prague in 1948. 

World Wide Web early this year (www- “My mother always wanted to forget That list was based on history, and always hid her past,” he 
documents found in U.S. Treasury said. “That makes you interested in your 
archives. own history when you’re the son.” 

Michael Hausfeld, the lawyer leading Today, Stephan is a “restitntslak,” 

the class-action suit, was confident that local slang for the new class of Czechs 
the U.S. federal court in Brooklyn would who have claimed property seized by the 
decide to hear the case. He said the affair communists. He has already gotten back 

its citizens have watched their living 
standards shrink while their leaders have 
acquired more palaces and weapons. 

“Normally, wealth makes jealousy,” 
the qmir said in an interview. “And if 
you ask whether money could bring 
problems, yes, it could bring prob- 

In conversations with associates, the 
emir also has indicated that be is aware 
of the risks of blurring the lines between 
government and commerce that is so 
common in the Gulf region. 

Qatar’s foreign minister. Sheikh Ha- 
mad ibn Jassimal Thani, for example, is 
also one of the country’s most visible 
businessmen. One of the first steps the 
new emir took, officials said, was to 

Of a Swiss bank guard, who rescued the Bubenec villa, which is occupied by Qatar's foreign minister. Sheikh Ha- 
Holocaust-era documents from the an embassy, and is still fighting to get mad ibn Jassim al Thani, for example, is 
shredder of Union Bank of Switzerland, back other properties. also one of the country’s most visible 

bad created a powerful backlash against “I know my grandfather suffered — businessmen. One of the first steps the 
die banks. and how be suffered — from not getting new emir took, officials said, was to 

The guard, Christophe Meili, 29, who back the things. He died on a vacation in reduce the privileges enjoyed by the 
fled to the United States after being Salzburg in 1974, and be died with the royal family and to prohibit officials 
dismissed and receiving death threats, plans of the house in Bubenec in his 
was granted permanent residence in luggage,” said Stephan. “Can you 

America this mouth. imagine.” ttnrnvrr. vr m 

diplomats and industry officials. 

To setup operations atRas Laffan, 80 
kilometers (50 miles) north of the cap- 
ital, Doha, and to dredge an enormous 
port from the shallow coastal waters, 
Qatar has spent nearly $18 billion. That 
figure goes well beyond the govern- 
ment’s relatively modest $3.6 billion in 
revenue last year. 

With total costs expected to exceed 
$20 billion, Qatar will be paying off its 
h anks and other creditors for at least the 
next five years. But if ail goes as 
planned, the financial squeeze should 
ease around 2002, experts and Qatari 
officials say. 

With the deliveries that have already 
begun. Qatar has become the (hind- 
largest supplier of liquefied natural gas 
to Japan, the world’s biggest consumer. 
Indonesia and Malaysia are the first- and 
second-largest suppliers to Japan. 

In a separate project, where deliveries 
are expected to start in 1 999. agreement 
has been reached with South Korea on a 
contract that will establish Qatar as. its 
second- largest supplier after Indonesia. 

Officials of the government-backed 
Qatar General Petroleum Corp., the ma- 
jority shareholder in both enterprises, 
have been aggressive in courting other 
customers, which could include Turkey 
and Thailand. 

By the end of the decade, their target is 

By then, Qatar should net at least $7. for Qatar to export 12 million metric tons 

was granted permanent residence in 
America this month. 

Salzburg in 1974, and be died with the royal family and to prohibit officials 
plans of the house in Bubenec in his 

billion from energy products a year, 
most of it from natural gas, a relatively 
dean fuel for which world demand is 

BOEING: EU Gives Green Light to Deal 

MEAT: Vegetarian Protests Dog Wienermobile, but Kids Relish It 

, «aw 3?*:* 

Continued from Page 1 

Mr. Friedrich said, meaning Wiener- 
mobiles, “and there are more than 400 
stops nationwide.” 

PETA has marshaled resources suf- 
ficient to target 50 of those stops, in- 
cluding the one in a parking lot outside a 
supermarket in the blue-collar Baltimore 
suburb of Dundalk. 

“Vegetarians Attack Wiener- 
mobile,” read the headline on the news 
release that PETA issued in advance. In 
smaller type: “Company Uses Children 
to Promote Cruelty to Pigs.” 

The children began arriving before 9 
AJVL, tots clutching motherly hands and 
climbing under the rope of colored flags 
tied around overturned shopping carts. 
They had come to sing the “Oscar May- 
er Wiener Jingle” or the “Bologna 
Song” (their choice) in front of a video 
camera, as they had been invited to do by 
commercials and print ads during the 
previous two weeks. ' 

Touring the country in a “talent 
search” for cute kids to star in com- 

at their feet. “Wait, wait!” she cried. “I 
do see leather shoes!” Ms. Brown 
clearly knew how to hurt an animal- 
rights protester. 

“I’m a vegetarian,” she said. “Have 
been for 18 years. I don’t eat meat or 
meal byproducts.” 

Emily does, though. “I’ve got no 
choice but to feed her meat, for health 
reasons,” Ms. Brown said. “Little kids 
need some meat. Sbe can’t take a protein 
supplement ” 

The protesters backed away a bit And 
though the chants stayed angry (“Stop 
the torture! Stop the pain! Oscar Mayer 
is to blame!”), the chanters began to 
look a little uncertain themselves. The 
three television cameras that had arrived 
with them were now focused on the 
stricken faces of small children caught in 
some strange adult cross-fire. 

The group clearly had bitten off more 
than it could chew. 

“People really love the Wiener- 
mobile/’ Mr. Ballog said. 

Bai 0-Les>mc Wnhm^m Pan 

Anti-meat protesters crashing a 
promotional event in Maryland 
featuring the “Wienermobile.” 

Continued from Page 1 

mem definitively next week after in- 
forming EU member stales. 

“I am happy that the threatened trade 
conflict between Europe and the U.S. 
could be avoided through last-minute 
concessions by Boeing,” Germany's eco- 
nomics minister, Guenter Rexrodt, said. 

Shareholders of Boeing and McDon- 
nell Douglas were scheduled to vote 
Friday on the acquisition, which would 
take effect Aug. 4. 

Mr. Van Mrert took pains to defend 
his handling of the case, saying his mo- 
tivation was to ensure competition in the 
European aircraft market rather than to 
defend Airbus, as several U.S. congress- 
men have alleged. He blamed Wash- 
ington for initiating talk of a trade war 
and insisted that Boeing's concessions, 
including its agreement to drop an ex- 
clusive-supplier clause in long-term 
contracts with American, Continental 
and Delta airlines, had been substantial 

“In spite of all the phone calls, in spite 
of all the pressure, 1 was able with the 

position to the very end,” he said. “Our 
duty is to keep the market open, and that 
is exactly what we have been doing.” He 
said he had pressed Boeing to seek a 
buyer for McDonnell’s commercial-air- 
craft subsidiary but gave up when Airbus 
declined to make an offer. 

Mr. Albrecht said it had been a “dif- 
ficult decision” for the company to give 
up the exclusivity clause because the air- 
lines would retain deep discounts and 
flexibility over delivery times and mod- 
els. He said he only became convinced 
that Mr. Van Miert would not budge on 
the point at a meeting in Brussels on 

To most analysts, Boeing's conces- 
sion was more gesture than substance. 
Major airlines are moving toward sole- 
supplier arrangements to reduce oper- 
ating costs, and the three airlines are still 
committed to buying at least 244 Boeing 
aircraft valued at more than $17 billion. 

“The final concession by Boeing on 
exclusivity has little practical impact on 
the competition between Boeing and 
Airbus Industrie,'' said Chris Avery, 

mercials is the Wienermobile’s regular TTT C’l’C'U*. a a a Ti v « n ■ a n » /» n* ’ * 

summer assignment (Winters are spent U Lj 1 lili: Protestant Parties Reject Proposal tor Disarmament 

doing goodwill tours and sports 1 * 

events.) Continued from Page 1 

“Who wants to practice?” asked 

Mike Ballog, one of three all-American jar setback,” but one that could be over- 

types In Oscar Mayer T-shirts who travel 
in the Wienermobile. A little boy hopped 
and clapped. “I do!” 

Another boy stood at the microphone 
with his cap on backwards. He was about 
to start singing when the chanting start- 

“Cruelty we won’t tolerate! Get the 
slaughter off the plate!” 

The sound began beyond the 
minivans. Four people were marching 
toward the assembled kids. Each carried 
a sign: '‘Did your food have a face?” 
One was dressed in a pig suit. 

‘ 'Oscar Mayer is to blame! Exploiting 
children is a shame!” 

The kids froze. Several stared at the 

The boy at the microphone began to 
sing, but his words were drowned out. 
Two of the PETA people had bull- 

They marched up to the rope. Inside it, 
adults began to fume. 

“Oh, that makes me so mad!” Angel 
Brown informed the mother next to her. 
“They're doing more harm to these kids 
than any hot dog could. ” 

She looked down at her daughter, 
Emily, 4. “Emily, don't listen to this, 

Emily did not seem to know what was 

come through negotiation. The Reverend Sinn Fein and the Protestant unionist 
lan Paisley, leader of the hard-line Demo- leaders alike use the issue for their po lit- 

is a false issue in terms of security, but disarmament in other guerrilla wars — in 
that it is crucial because it is a matter of South Africa, in the Middle East, in 
honor, particularly to the IRA. Central America — began only after 

Sinn Fein and the Protestant unionist significant progress was made on po hi- 

eratic Unionists, pronounced the peace 
talks dead, because, he said, “The gov- 
ernments have surrendered to the IRA” 
Officials noted that if a compromise 

purposes, a 

IRA will not disarm until there is a full begin in September also make progress, 
political settlement reached at the talks 
because it needs its estimated 100 tons of 

. Sinn Fein argues that the 

support of my colleagues to maintain our aerospace analyst at Paribas in London. 
_ _ ^ ^ ^ “Airbus has far greater potential to win 

market share from Boeing through a 
i p_ r|* i reorganization of its structure and a con- 

*1 JOr Uisarmament sequent reduction of its costs,” he said. 

The stock market appeared to agree. In 
disarmament in other guerrilla wars — in late trading in New Yotk, Boeing's shares 
South Africa, in the Middle East, in rose by $3 to $59375, and those of Mc- 
Central America — began only after DonnelJ-Douglas were up $5 at S76.75. 
significant promess was made on polit- The accord does not cover subsidies to 
ical questions. They say that would de- the industry, which are likely to become 
velop in Northern Ireland if the talks to the focus of trans-Atlantic discussions in 
begin in September also make progress, the next few months. 

of gasa year, in the longer term, die North 
Field is capable of producing as much as 
30 million tons a year for export. 

Outline of Accord 
By Boeing and EU 

International Herald Tribune 

Here are the main undertakings 
agreed to by Boeing Co. in return 
for European approval of its ac- 
quisition of McDonnell Douglas 

• Boeing agrees to drop an ex- 
clusivity clause in long-term con- 
tracts with American Airlines, Delta 
Air Lines and Continental Airlin es 
and to avoid entering into any other 
exclusive contracts for 10 years, ex- 
cept where another manufacturer 
has offered an exclusive arrange- 
ment. Other parts of the three con- 
tracts, which commit the airlines to 
buying at least 244 aircraft valued at 
more than $17 billion, are not 

• It agrees to maintain McDon- 
nell’s commercial-aviation subsidi- 
ary, Douglas Aircraft, as a separate 
legal entity for 10 years and agrees 
not to abuse its servicing arrange- 
ments with airlines to obtain unfair 
advantages in bidding for replace- 
ment aircraft 

• Boeing agrees to license any 
patents obtained under U.S. gov- 
ernment-funded contracts on a rea- 
sonable-royalty basis and to report 
them to the European Commission. 

•It agrees not to unduly interfere 
with actual or potential relation- 
ships between its suppliers and oth- 
er commercial -aircraft manufactur- 
ers, notably Airbus Industrie. 

the two Catholic parties — Sinn Fein and In an interview Tuesday, Martin 

the Social Democrats — and the Ulster McGuinness, the No. 2 official of Sinn grow in size,” said the Philippine for- 
Unionist Party agree, a settlement of the Fein, said, “I met a man on the street this eign secretary, Domingo Siazon. “More 
28-year-old sectarian warfare could be morning who said, ’Even if the IRA did importantly, we want tbe ties among 
reached by next May and put to voters in decommission, the unionists would ourselves to deepen and strengthen so 
Northern Ireland and the Irish Republic come up with another excuse,”’ to avoid that ASEAN will one day become a 
for approval- sitting at a peace table with Sinn Fein. genuine regional community. ’ ' 

Anticipating the unionist rejection of Unionist leaders like Mr. Trimble say Such a community, he said, would 

the proposal. Prime Minister Tony Blair they simply will not sit at a table with elude the region if it ignored the im- 
said in the House of Commons in Lon- Sinn Fein until tbe IRA has actually parlance of what be called “the moral 
don that “it is our desire to see de- began disarming- But he does not ad- and human” dimension of develop- 
commissioning during die course of the dress tbe fact that tbe IRA could easily ment, 

negotiations” and that he would seek a replace any weapons it toms in during “That dimension is reflected in cer- 
compromise. the negotiations. tain values that are held dear by al! our 

“we still believe it is better to have The Catholic guerrillas of the IRA and peoples.” Mr. Siazon said. “Without 

jrthem Ireland, and the Irish Republic 

Antici pating the unionist rejection of 

the proposal. Prime Minister Tony Blair 
said in the House of Commons in Lon- 
don that “it is our desire to see de- 
commissioning during die course of the 
negotiations” and that he would seek a 

“We still believe it is better to have 

importantly, we want tbe ties among 
ourselves to deepen and strengthen so 
that ASEAN wifi one day become a 

genuine regional community.” temational leverage and the region’s reform wi^ D^w 

Such a community, he said, would economic prospency. leader of th ennno« 

elude the region if it ignored the im- But some anaiysts and officials said it for Democracy^ auonal League 
portance of what be called “the moral could instead complicate the group's Although ASEAN fc nft 
and human” dimension of develop- decision-making and slow its progress primarily^ a oolitical “““‘S 

matt. toward regional free trade just when the rfiisWrk 2f" 1 ' n,uch 

“That dimension is reflected in cer- process needed to be accelerated to help ic cooperation amnnaTl? economy 
tain values that are held dear by al! our restore business and investment con- trade investment 8 member m 
peoples.” Mr. Siazon said. “Without fidence. KBnJ SW’ . fmaflce > 

those values of tolerance, patience, “Diversity is not a guaranteed for- But on that from c J!® lab, \ ,2a J lon - ' 
openness and consensus-building — in mula for diplomatic strength,” said Mi- banks have nm^ IT„^ ,on s cent ™ 
short, all that have made it possible for ' chael Leifer, professor of international heavy sDecufativeTirET^ ess asaK 

Singapore and Thailand. Brunei joined 
in 1984 and Vietnam in 1995. Enlarge- 
ment was intended to heal regional di- 

puuucai ngnts record, Rangoon could 
maintain its hard-line policies, some 
analysts said. 

ment was intended to heal regional di- Such intramsiopn^ . 

visions dating from die Cold War and die those ASEAN members expectittto 

colonial era before it. It also was in- reciprocate far . 

tended » increase the organization’s in- presshS and openine uUcso^Jn^iSi 
temational leverage and the region’s iefonn wS^A^fgSsuu 

'^lUKime'ana^sBand officials said it 

r “fj Although ASEAN is often seen as' 

the cease-fire than not and it is better if tbe Protestant fighters say they must 
we can, consistent with principle, to have hold arms to defend their communities, 
people talking rather than fighting,' 1 Mr. But unlike leaders of tbe major Prot- 

Blair added. He has said that Sinn Fein estant unionist parties, the smaller Prot- our nations to willingly share risks, re- 

h occasion -maxing ana siow us progress orimarilv a nniiriwoi rr 

toward regional free trade just when the of its work involves nro2' 0n ’ rnuch 
- process needed to be accelerated to help 

may enter the talks if the cease-fire estant gi 
proves to be genuine over tbe summer, ionist Pa 
Tbe Northern Ireland secretary. Mar- Party — 

going on. She asked her mother what jorie Mowlam, said of the rejection, ganizations are willing to sit down with 

mmnt KTa<ii 4 hm nnntKor 4 A T+ 4 a n#*t <■ a nniLaaL *’ . u «aa — 

'‘slaughter” meant. Nearby, another 
little girl wanted to know why adults 
were allowed to be so loud. 

Ms. Brown, meanwhile, worked her 
way toward the protesters. She pointed 

“It's not a disaster, it's a setback.” 

The disarmament issue has blocked 
progress in die formal peace talks that 
began here 13 months ago. Many of- 

ficials and analysts say that disarmament must talk to the enemy, point out dial 

ips — the Progressive Un- sponsibilities and rewards — there 
r and the Ulster Democratic would be no ASEAN today.” 
filiated with paramilitary or- The ASEAN bloc — which now has a 

are willing to sit down with combined population of more than 480 
acing across the table people million and a total economic output of 
Led as murderous enemies. $630 billion — is widely considered to 
Catholic and Protestant para- be the most effective and influential 
loting that to make peace one grouping of countries in Asia, 
o the enemy, point out that The founding members of ASEAN 

Sinn Fein, facing across the table people 
once regarded as murderous enemies. 

Both the Catholic and Protestant para- 
militaries, noting that to make peace one 

relations ai the London School of Eco- 
nomics and Political Science. “Enlarge- 
ment may give rise to even greater prob- 
lems than those for which it is intended 
to provide a solution.” 

Now that Burma's military regime 
had succeeded in gaining ASEAN mera- 

enei- gy. finance, 
banking and currency stabilization. 

hanks fron i’ lhe re S ion ’ 5 centrar 
banks have proved powerless to resist 

r UVe *S. ressures on toe cur- 

SSd the^-r SEAN membere 

tnauand. the Philippines, Malaysia and 

^f^T^^toer to do so. 

been renooU ur 

Now that Burma's military regime Southeast iiaTfa-- Deen L turra ° ,J “T 
had succeeded in gaining ASEAN mem- stock markets and SSL exchange and 
bership, despite calls #om the United fixture 

Stales and other Western countries for a have been forced’ Cm T enc { es . 

delay until it improved its human and ations this month ° effectlve devaluT ’ 


lK ‘v: r 

•V y.-i , 




;lh 3 tm a ytr a ns|o rmjts ^ 

Emirate lust 

‘Ah-xi- y im *4 

ri ’/ii 1 ” - 1 '■ *-rv 

j . V ’ ’ * F ' 1 .* 1 ur, r. 

rj. i... • . ■ - t- 

.. ... ... .. 


; A reminder of the war in Sarajevo. Aid groups met in Brussels on Wednesday to discuss rebuilding Bosnia. 

Milosevic Exchanges Presidencies 

i .:. k ,'! .• 


> 7**7. 
i Q 


?;• j ■ 

V-' .- ■ • .. 

■ "f 

J - 1 U'C ^ , 
' j-'JCf.'j; 
•’ • r-.-j.i... 

i i til-B- !:• 7 

. .. 

V.r.i C"—.' 

Outline' of Amiri 

Bv Bm insz and El 

By Edward Cody . 

tfe mAmgwi Post Service 

BELGRADE — Slobodan Milosevic 
resigned as president of Serbia and im- 
mediately took over as president of fed- 
eral Yugoslavia on Wednesday, culmin- 
ating a remarkable comeback that 
preserves bis role as a key Balkan power 

The change of tides, symbolized by a 
solemn swearing-in ritual in the federal 
Parliament, meant Mr. Milosevic is still 
the unrivaled leader in what is! 'left- of 
Yugoslavia and a champion of Serbian 
nationalism to be reckoned with as the 
United States and its NATO allies seek 
to restore stability in Bosnia-Herzego- 
^ vina and the other ethnically riven na- 
tions of southeastern Europe. 

Mr. Milosevic, widely blamed for the 
bloodshed that accompanied Yugo- 
slavia’s breakup five years ago, won his 
new office in a deft political sidestep 
around a constitutional ban that blocked 
him from a third four-year term as pres- 
ident of Serbia. His move, skipping 
seamlessly from one presidency to an- 
other, demonstrated again that he retains 
a firm grip on authority throughout the 
diminished Yugoslav federation of Ser- 
bia and Montenegro. 

' ’Our political scene is still shaken by 
party conflicts that are often incited from 
the outside,’* he declared in a 10-minute 
inaugural address that strongly sugges- 
ted, his opponents in Belgrade, although 
weakened at home, get inspiration from 
abroad. • 

“Our society is shaken by different 
forms of social unrest and destruction 
dominated by crime, from the economy 
to the street,* ‘.be added, acknowledging 
times are tough for the federation's TQ 
million Serbs and 600,000 Monte- 
negrins. But he indicated these prob- 
lems, too, come from elsewhere, saying: 
“These are the inevitable consequences 
of the blows our society has been deal tin 
?’a short period of time.” 

Hundreds of demonstrators, .blew 
whistles and pelted riot police with shoes 
in the avenue outside as Mr. Milosevic . 
took the oath of office. But inside the 
Parliament building, the smooth inau- 
guration for a new five-year mandate 
seemed to indicate that foe political 
wounds he suffered during last winter's 
protests have now largely healed. . 

; In that light, analysts predicted Bel- 
grade politics from now on are likely to 

revolve less around demands *f or polit- 
ical opening from a split -and dispirited 
opposition than around Mr. Milosevic's 
back-room maneuvering to expand foe 
powers of foe Yugoslav presidency, 
which have been mostly ceremonial. 

“He will try to take all the instruments 
of power/ ' said Slobodan Vuksanovic, a 
member of foe Serbian Parliament from 
foe opposition Democracy Party. 

“He will try to have the police, the 
money, the banks, everything.” 

Mr.. Milosevic's effort so far has 
centered mainly on Montenegro, where 
foe republic's fractured government has 
feuded over how much support to offer 
him in foe federal 'Parliament 
A Montenegrin friction led by Prime 
Minister Milo Djukanovic blocked Mr. 
Milosevic’s attempt to change foe con- 

stitution so foe federal president would 
be elected by direct suffrage, a shift that 
would have enhanced his powers enor- 
mously. But Mr. Milosevic nevertheless 
found enough Montenegrin votes in foe 
federal Parliament to help him win the 
presidency July 15. 

Another looming battle is the election 
to replace Mr. Milosevic as president of 
Serbia. A pliant Serbian president is 
essentia] if Mr. Milosevic is to have 
smooth sailing as federation president, 
analysts here pointed out. 

MUorad Vacelic. vice presiden t of the 
Socialist Party of Serbia, said Wednes- 
day that the vote has been scheduled for 
Sept. 2 1 . He suggested foe Socialist can- 
didate will be Zoran Litic, who as federal 
president over foe last five years has 
been a reliable Milosevic underling. 

Donors Pressure Bosnian Serbs 

Aid- Givers Say Whr- Crimes Suspects Must Be Turned In 

c*nf*kdt»tes^Fnx*DispcidKs fo principle for foe whole of Bosnia- 

BRUSSELS — A two-day interna- Herzegovina and should contribute to 
tional donor conference on Bosnia reconciliation and lasting peace” and 
opened Wednesday in Brussels with a that anyone opposing or frustrating this 
clear warning to foe Serbs that they may goal should not be allowed to benefit 
be denied aid because of their failure to from foe aid. 

hand over indicted war criminals. Bill Richardson, the U.S. represen- 

The Dutch -conference chairman, tative at foe United Nations, said last 
Hans van den Broek, said aid could not week that conference participants may - 
be justified to parties who “oppose and decide to exclude foe Serbs from the aid 
frustrate” the goal of postwar recon- package because of their refusal to re- 
ciliation in Bosnia-Herzegovina. spect foe accords. 

The European Union, which supplies Governments and oraanizations 
almost half of foe reconstruction aid to Wednesday pledged about $1.1 billion j 
Bosnia, has said foe Serbs must turn over in aid. Organizers of foe conference said 
foe war-crimes suspect Radovan Karad- the money would go to support industry, 
zic before it resumes aid. The Union is the repair of infrastructure and projects 
leading foe conference with foe World to get foe local economy moving. 
Bank. Among foe 30 organizations taking part 

Under the Dayton peace accords, the in foe two-day conference are the World 
parties pledged to hand over those in- Bank, foe International Monetary Fund 
dieted by the UN International Cri minal and foe U.S. Agency for International 
Tribunal Tot foe former Yugoslavia. Development. 

Mr. van den Broek said humanitarian Bosnian Serbs said in a statement 
assistance to Repnblika Srpska, as the Monday that they did not have high ex- 
Bosnian Serb entity is known, would be pectations of belpfrom foe conference: : 
continued but said that foe ‘ ’overall polit- International officials are expected to 

ical and economic influence” of people call for a relaxation of foe ban on aidto the 
who have been indicted in the war-crimes Serbs to express support for Mr. iCarad- 
investigation “is such that it would be zic's rival, foe Bosnian Serb president, 
irresponsible to continue spending public Biljana Plavsic. Serbs received only 1 
funds for reconstruction purposes.” percent of roughly $800 million in re- 

. He said that aid being contributed “is construction aid in 1996. (AFP, AP) 

unds for reconstruction purposes ” 

. He said that aid being contributed 4 ’is 


jv.r - • 

EU Agrees to Extend Ban on Offal 

. BRU SSELS — ' The European Union agreed Wednesday to 

. ? ban food products containing a. variety of animal parts to' 

counter the risk of “mad cow” disease. 

■ Britain had threatened to impose restrictions on beef im- 
' ports from other EU nations if they did not agree to raise beef 
hygiene regulations to match British standards. Under the new 
rules, brains, eyes and spinal cords of cattle, sheep and goats 
over 12 months old 'and spleens of all sheep and goats will be 
removed from foe food chain. 

- ■ The ministers voted 8-to-7 in favor of the. tighter rules. 

Portugal swung foe vote in favor of foe British camp after foe 
' .V other nations agreed to delay application of the ban for three 
months, until Jan. 1. 

Germany and Italy opposed foe introduction of foe new 
- rales, saying they were irrelevant in countries without foe 

riwjff ■ 

Britain introduced a ban on such' offal last year when beef 
’ sales plu mm eted across Europe after foe British government 
in March acknowledged a possible link between a fatal brain 
disease in humane and foe consumption of animals infected , 
with bovine spongiform encephalopathy. (AP) 

l iff Austria Rejects Jehovah’s Witnesses 

VIENNA — The government rejected a bid Wednesday by 
1 the Jehovah's Wltness^ tobele^LiUyTecogiuz^ as a religious 
denomination. ' . " - • ■ 

The Jehovah’s Witnesses, who number about 20,500 in 
j ■ Austria, have been trying unsuccessfully for two decades to 
win recognition. \ 

Education Minister Elisabeth Gehrer said foe government 
.' could not be responsible forfoe-possible influence of the group 

through state-financed ieligiOus education or private 
*' schools. - • >• • 

“I cannot answer for religious instruction that often speaks 
oot against the state, ” Miss Gehrer said, !accordHig to foe 
Austria Press Acencv. 

untroubled in countries that do not allow for extradition, on 
grounds of being affiliated with tbs Mafia.”. Mr. Vigna also 
said he agreed with Prime Minister Romano Prodi, who said 
Sunday that crime would be “foe world’s No. 1 problem in foe 
21st century.” 

Mr. Vigna said, “According to our analysis of foe situation, 
we can already speak of global criminal structures. ” (AP) 

For the Record 

Two British climbers died after falling more than 700 
meters (2/200 feet) on Mont Blanc in the Alps while having 
then* photos taken, foe Italian police said Wednesday. (AFP) 

Greece has expelled at least 3,500 Albanian immigrants 
since Friday, many of whom complained of having fallen prey 
to aimed robbers when they crossed into their homeland. Ibe 
bender police said about 700 Albanians caught without proper 
papers had been sent back from Greece in one day. (Reuters) 

- The government also objects to what Miss Gehrer caHed.the 

Jehovah's Witnesses' “mtoferant. altitude” toward the state, 
their rejection ofblood transfusions, especially for children, and 
their following leaders inNew Ybdc instead of Austria. (AP) 

Plea for Anti-Mafia Law in Europe 

ROME — European countries should establish common 
laws aimed at organized crime, Italy’s top anti-Mafia pros- 
; ecutor said in an interview published Wednesday. 

. ' • Pier Luigi. Vigna lamented that some European countries 

did not have aspecific lawagaibst “Mafia groups. ” 

./• % Mr. Vigna told theRome daily Ea Repubblic a, “I t thus 
happens that many people wan ted- for very serious crimes live 

cfammer ' . 

. options 9 1 

Vienna from ATS 1,990 per night. 
m * ■» , 
Luxurious treats have never been more affordable 

tb#nks to Summer Optima from Inter-Continental. Cboose, 

from c*vor 60 hotels in 50 of Europe's moat beautiful cities for 

that perfect rammer break. For information or reservations 

contact ufl from the UK on .0345 581 444, from France 

on 0800 008556, or from Gmrtany on 0130 853966. 




E-*. ■ Tfc. - Atm, - A_ P— A. - “*>* — 

owl »«IU> - WWl IIOTX.L - ratfMlf IlfTU* 

YkU 7 Jrt* ■ -wi. IteS. June U> 1- frnprmn 'pm u4*- 

(JautaJ iwUriW 

France Faces the Unspeakable 

Horror Stories Help to End ‘Law of Silence* on Child Sex Abuse 

By John-Thor Dahlburg 

Los Anjtles Times Serna 

BORDEAUX — -Even in this season 
of revealed, repeated horrors, foe case 
prosecutors in Bordeaux are develop- 
ing is a shocker A mother is accused of 
renting her 9-year-old daughter to a 
neighbor in his 70s so he could fondle 
her and photograph and videotape their 
sexual encounters in foe woods. 

The price per session was 200 French 
francs ($32), the authorities say. 

“It leads you to ask yourself, ‘What 
is going on in our society?' ” a member 
of foe prosecutors’ office said. “Are 
telephone sex lines and sexual innu- 
endo in so many advertisements and 
foe omnipresence of sex in movies and 
on television having some awful side 
effects that end up victimizing our chil- 

This summer, hardly a week goes by 
without allegations or revelations of 
new acts of sexual molestation in- 
volving unwilling young targets. 

Among the accused are some of foe 
most trusted figures in French society 
— priests, teachers and summer youth- 
camp counselors. 

“What scares parents is that it can be 
anyone,” said Annie Gaudiere, who 
runs a toll-free national telephone help 
line in Paris for victimized and abused 
children. “The problem is that anyone 
children are close to becomes a sus- 

Last year, it was neighboring Bel- 
gium that was convulsed by shock and 
horror when ir was found that Marc 
Dutroux, an out-of-work electrician, 
had kidnapped at least six girts, im- 
prisoned them in an underground cell 
and sexually attacked them. 

At least two of foe four girls whose 
bodies have been recovered starved to 
death in their dungeon after Mr. 
Dutroux was arrested. 

The Dutroux affair further shocked 
Belgians because of blunders commit- 
ted by police and prosecutors in in- 
vestigating foe abductions and foe 
high-level protection that Mr. Dutroux 
and his accomplices appeared to have. 

This year, it has been France’s turn 
to realize bow vulnerable its children 
can be. 

In large part, law -enforcement of- 
ficials and social workers involved in 
protecting minors point out, it is the 
tragic events in Belgium that awakened 
the French authorities to the potential 
risks, that encouraged victims to come 

forward and that forced the police to 
ralfft the claims more seriously. 

The French have traditionally been 
reluctant to deal with instances where 
an adult abused a position of trust and 
authority to sexually victimize a child. 

But soon after taking office last 
month, Segolene Royal, minister for 
schools in foe new Socialist-led gov- 
ernment, said she was scandalized by 
foe “self-defense reflex” of school 
administrators inclined to protect al- 
leged pedophiles on their staffs. 

A child’s version of what happened 
was, more often than not, dismissed out 
of hand as fantasy or a fabrication, as in 
a 1967 film, starring foe late Jacques 
Brel, in which a village teacher is 
wrongly accused of attempted rape by 
a girl pupil. 

Now. however, Mrs. Royal said. 

The French have 
traditionally been 
reluctant to deal with 
instances where an adult 
abused a position of trust 
and authority to sexually 
vic timize a child. 

“the word of foe child is starting to be 
rehabilitated.” She added, “We are 
removing the law of silence, and it is a 
good thing.” 

According to a report circulated 
among education officials this month, 
and quoted in the newspaper Le 
Monde, nearly one child in 10 — boys 
as well as girls — is a victim of sexual 
violence in France. 

In nearly 90 percent of foe cases, foe 
aggressor is the father or stepfather, foe 
repeat said. In most of foe other cases, it 
is a teacher or someone else in au- 

The psychological damage can be 
irreparable. Many of the 800 annual 
suicides by French youngsters occur, 
Mrs. Royal said, “because they are 
subjected to sexual aggression that des- 
troys them.” 

Last month, in what was reportedly 
the largest police dragnet in French 
history, gendarmes in nearly all parts 
of foe country — and as far away as the 
South Pacific island territories of New 
Caledonia and French Polynesia — 
raided the homes of suspected pur- 

chasers of pornographic videotapes 
that depict sex acts committed by or 
involving children. 

In foe countrywide sweep, 8 1 5 people 
had their residences searched. Five sus- 
pects committed suicide soon afterward, 
prom p t i ng civil-rights groups to accuse 
authorities of engaging in a “witch 
hunt” to seize media attention. 

“Pedophilia seems to have become 
at once foe obsession, the paranoia and 
die scapegoat for a society stricken 
with excessive pessimism,” Olivier 
Peretie wrote in the weekly oews^ 
magazine Nouvel Observareur. 

“No, the media will never say too 
much about pedophile crimes,” came 
foe stem retort from the actress Carole 
Bouquet, who belongs to a committee 
supporting a national campaign on be- 
half of abused children. “I even think 
people don’t talk enough about iL To 
remain silent when one knows is equiv- 
alent to becoming an accomplice in 

Prosecutors, forced to justify their 
actions, said that in last month’s raids, 
they uncovered evidence about six acts 
of rape and 29 acts of sexual mo- 
lestation against minors. 

One worker in southern France was 
jailed on charges of raping two children 
in his village and videotaping foe acL ' 

Near Narbonne in foe south, a stock 
of more than 200 videocassettes de- 
picting child sex was seized from a 
clergyman's residence. 

In Saint Mihiel in eastern France, a 
mayor’s deputy resigned after being 

At the child-help hot line in Paris, 
calls have nearly tripled since last year, 
to 8,000 a day. 

Many of foe calls now come from 
parents worried about foe dangers their 
children may face at school, in camp or 
simply when they leave home. 

Staff members of foe National Tele- 
phone Center for Abused Children, 
while welcoming foe new willingness 
to talk about a topic that was once 
nearly taboo, are worried that the re- 
cent avalanche of media coverage is 
distracting foe public from what should 
be an even bigger concern. 

“Families talk about pedophilia, but 
when it takes place outside foe fam- 
ily,” Mrs. Gaudiere, foe hot- line di- 
rector, said. “My fear is that what is 

going on now will cover up the real 
problem: physicaL emotional and 
sexual violence committed against 
children in their own families. ” 




Mercedes Benz S500L Polar White 

BMW 850 CiA Orient Blue 

Dubai Duty Free's Finest Surprise 

•: Your Opportunity to Win Luxury Cars at the 
World’s Finest Duty Free 

Dnbai Duly Free pioneers of the finest surprise car promotion, now in its eighth yeai^ offer yon a choice, 
llckds be purdas^ fis* (HtetH 1 two hWycan-atD^arfrires and Arrival. For each cat; ticktis are 

priced at Dhs 500 / DS$ 139 and limited to 1000 bonafide travellers either departing from, transiting 
forongh or arriving at Po b a l n taTfio nal Airport The draw date and winning nmnhmvgai be pnMMied, 
and each participant wiD be advised. The cars wfll be shipped to the winners' address free of charge. 



673 rd Winner fft&yiMre 675tb Warner 


'(Series #673 -Ticks #0036}, (Series #674 -Ticket #0242), ALHAJRI 

Kuwaiti living in Safsi, Kuwait, Kuwaiti living in Kuwait (Series #675 - Ticket # 068IX 

winter of a Prascbe 911 Carrera, winner of a Mercedes Benz S500L Qarai living in Doha, Qatar, 

winner ofa BMW 850 CiA. 

676th Winner 


(Series #676 - Txtoi # 0953), UAE 
National living in Uram, AlQuwain, 
winner of a Mercedes Benz S500L 

For further information please call Dubai (9714) 244454 or Fax (9714) 244455 




Berisha Quits 
As President 
Of Albania, 
As Pr omised 


TIRANA, Albania ■ — President Sali 
Berisha announced his resignation 
Wednesday,- f ulfilling a pre-election 
promise and clearing the way for his 
Socialist opponents to try to end Al- 
bania’s anarchy: 

Mr. Berisha announced his long-ex- 
pected resignation in a radio broadcast 
just over an hour before the new So- 
cialist-dominated Parliament con- 

“I declare my irrevocable resignation 
from the post of head of state," Mr. 
Berisha said. 

He will remain in Parliament as head 
of a weakened J^emoCTatic Party. and. 
said he would fight for a free-market 
system and Albania's acceptance into 
Western defense and economic orga- 

Mr. Berisba’s resignation clears the 
way forFatos Nano and his Socialists to 
choose the president Their biggest 
challenges will include collecting 
weaponry that Albanians looted from 
government armories and restoring con- 
trol over the rebellious sooth of the 

The news of the resignation was 
greeted with celebratory gunshots in 
Tirana and in such anti-Bens ha strong- 
holds as Berat and die southern port of 
Vlore, the flashpoint of protests in 
March over the collapse of high- interest 
pyramid investment schemes. Mr. Ber- 
isha and die Democrats suffered a huge 
loss of popularity, because of the per- 
ception that they bad profited from the 


Works in Museum ; 


• PARIS — A blaze ar one of the 
most popular tourist attractions here 
works * - 

museum but spared 30,000 Sms 
stored in France’s 

brary, officials said Wean -. ft - - * • 

The fire, apparratiy 
.broke out on die roof of a wmg . i 

Palais de Chaillot, facing the Eiffel 
Tower from the Trocade^^ -^ 
which houses the Museum *• 

Monuments and the OnematheOTe 
film library. The .rof was^c^ ; 
renovation, and soldering work had: , 

bean done during the day. 

All 30,000 films in the bbraiy 
rescued intact, ah official said. But the- 
movie museum, situated in abasement 
and partly flooded, suffered, he said. 

The- Museum, of French Monu- 
ments includes plans or models' of- -, 
some of the most famous btnkhiigSv < 
incl uding the cathedrals of ^*«otre . 
Dame and Chartres, in the history of 1 
French architecture. 

I . . l«llWV^ r ' hramvlVw L^OIUC iiuu 

Smoke pouring from the Palais de Chaillot, which houses the Museum of French ; Monuments and the Cinematheque film library, to the rights French architecture. 

For Norway Whalers, Acceptance May Be on Horizon 

Parliament, elected in balloting on 
June 29 and Jnly 6, is expected to elect 
the Socialist Party's secretary-general, 
Rexhep Mejdani, as president. 

Following constitutional court rul- 
ings on disputes and some changing of 
alliances, me Socialists and their co- 
alition allies will have 1 18 seats in die 
155-seat Parliament, while the Demo- 
crats have 24. 

The Democrats announced several 
days ago that they would boycott (he 
inaugural session to protest alleged 
electoral violations by the victorious 

Meeting on Wednesday, they decided 
to extend die boycott to ail sessions in 
which the deputies will vote on ruling 
institutions, said a party source speak- 
ing on condition of anonymity. 

(AP, Reuters) 


By Walter Gibbs 

1 New York Tunes Service 

OSLO — A few weeks ago, Olav 
Olavsen fired his harpoon 18 times and 
bagged 17 mink e whales in the Barents 
Sea. Each one weighed about two tons 
and yielded a third of that in dark, 
purplish meat for Norwegians who like 
to cook it on the grill this time of year. 

Mr. Olavsen's spirits are high now, 
not just because he reached his catch 
Limit in only seven days at sea, but also 
because Norwegian whalers may be on 
the verge of international acceptance. 

With the 1997 season almost over and 
nary a protester in sight, the whalers 
have enjoyed their most productive hunt 
since returning to sea five years ago in 
defiance of the international ban on 
commercial whaling. 

“A few years ago we were con- 
sidered barbaric criminals,'* said Mr. 
Olavsen, whose 70- foot (21 -meter) ves- 
sel was scuttled at its berth by American 
protesters in 1992. “But I think the 
worst of the protest storm has passed. 
Within three years, we'll be exporting 

Although Japan conducts a limited 
hunt for what it calls research purposes 
and aboriginal groups in several coun- 
tries hunt for subsistence, only Norway 
has openly resumed commercial whal- 

ing since the International Whaling 
Commission banned it in 1986. 

The country's strategy of resisting 
world condemnation while gradually 
increasing its self-imposed quota from 
296 minke whales in 1993 to 580 this 
year seems to be working. 

A number of major environmental 
groups still consider Norway an outlaw, 
but they have curtailed demonstrations 
here. More to the point, Norway's two 
largest environmental groups have de- 
clared die minke whale hunt sustain- 

The reason is that after years of 
dispute over counting methods, scien- 
tists with the International Whaling 
Commission said last year that the 
minke whale population was robust 
enough to tolerate a limited ham — 
unlik e the situation for other species of 
whales that are still considered near 

The scientists settled on an estimate 
that there are more than 900,000 minke 
whales alive worldwide and 1 18,000 in 
Norwegian waters. 

Earlier, some anti- whaling groups 
had feared the Norwegian stock to be as 
low as 20,000. 

The peak of anti-whaling activity in 
Norway was in 1994, when the en- 
vironmental group Greenpeace Inter- 
national sent speedboats to block har- 

■ ■ • •>. • .... 

u. * 

*•"* ' , V: - . ' v-' >*- *v *■*' &Ur 

.. : - 

■ . •«! , .• 1 r 



i? .>• 

■ y. •; 






. -c T;* •: 

y. . - : .c 

■ ."r 

- -I . k - 

.4 . 

Chris ca ftnamia; 1260-1270. Motunery oTChdaodari 

For the first time in history, the treasures 
of Mount Alhos on public view! 

For the first time ever, the 
bastion of Orthodox Mona- 
stidsrn is accessible to both 
men and women in the 
Exhibition TREASURES 
organised by the Holy 
Community of Mount Alhos and the Organisation of 
the Cultural Capital of Europe - Thfaralmiflu 1997. 
Treasures of Nature - “Our Lady’s Garden", a blessed 
. piece of Greek land, of incomparable natural beamy 
and an immense variety of fauna and flora. 

Treasures of Architecture - Unique monumental 
buildings of monastery architecture displayin g m 

centuries of architectural forms. 

Treasures of Worship - The simplicity of monastic lifer 
the organisation of everyday living, customs, rules, 
conduct, the monastic rituals of Mount Alhos. 

Treasures of Art - 1,500 unique objects of art and 
articles of everyday life. Works of monumental 
painting, portable icons, illustrated manuscrips, 
documents, miniatures, consecrated vessels, tools, 

unique heirlooms displayed for the first time. 


JUNE 21 - DECEMBER 31 199 7 


poop ' gunners and a ship of the 
California-based Sea Shepherd Conser- 
vation Society collided with a Norwe- 
gian Coast Guard vesseL - 

James Gillies, a spokesman for 
Greenpeace, attributes the lull now to 
limited resources, but he says his or- 
ganization has not given up fighting the 
minke whalers. 

"Noway shook! abide by interna- 
tional agreements and stop whaling,” 
he said... . 

; : But the Norwegian, whaling commis-. 
sloner, KaareBryo, draws the opposite - 
conclusion: ■ 

■' “The anti-whalers have lost the num- 
bers game and have to admit there are a 
lot of minke whales. Unless they see 
whales as human beings, they have to 
accept that whaling is -really no worse 
than cod or hearing fishing.” 

In fact, many conservationists do see 
. whales as noble, intelligent singers of. 
songs, but that view carries little weight 
among Norwegian whale hunters. 

Mr. Olavsen admitted being awed 
last year when eight 90-foot-long fin 
whales crowded his boat off the Sval- 
bard archipelago. 

And when he saw three blue whales 
for the first time, he videotaped them 
with the thrill of a tourist on a cruise 
ship. Still, he has little patience with talk 
of whale intelligence. 

“They*are just big mountains of 
meat,” he said. 

With a maximum length of 32 feet, 
the minke is die smallest of the “great” 
baleen whales and by far the most nu- 
merous. All the larger species have been 
slow to recover despile the ban. Worst 
off is the enormous blue whale. It was 
homed to near-extinction early in this 
century by whalers from several na- 
tions, but most rapaciously by Norwe- 
gians- ; " 

' Norwegian officials assert that minke 
whale hunting in small boats bears little 
relation to the open-sea factoiy ship 
enterprises that decimated the blue; 
sperm and other whales. Indeed, since 
the Viking era, Norwegian minke . whale 
hunters have been more conventional 
fishermen most of the year. 

This fall, for example, Mr. Olavsen is 
to head out to catch cod and herring, in a 
seasonal routine once followed by his 
father and grandfather, and also now by 
his 30- year-old son, Leif-Ole. 

The United States has been the most 
important defender of the International 
Whaling Commission ban, contending 
that any compromise could lead some 
nations to push ahead and resume un- 
scrupulous or large-scale whaling. 

Norwegian negotiators have none- 
theless been persistent in international 
forums. In Zimbabwe this year, most 

delegates to the Convention oh Inter- 
national Trade in Endangered Specie^ 
looked favorably on a Norwegian pro* 
posal to allow limited trade in minke! 
whale products. The measure failedjtf 
pass because it did not- win a two-thirds^ 
majority, but 57 countries voted in flavor 
and 51 against. *'■ 

“It is the first time there has-been a 
vote in Norway’s favor, which people- 
regard as very significant,” said Rav 
Gambell, a British whale biologist whS 
is the International Whahng Camn^sgg 
sion's executive secretary. ; _ 

Noting that the organization was es - 1 
tablisbed in. 1946 to promote rational, 
whaling practices; not necessarily to ! 
ban them, he said Norway’s momentum i ^ 
could carry over, to the commission's I “ 
meeting this falL _ } 

“My j udgment,’ * Mr. Gambell said, j 
“is that the pro-whaling side has puti 
forward a strong and arguable case for a j 
resumption of commercial whaling, 1 
with all kinds of safeguards built in to! 
meet the arguments of those govern- J 
ments that have been delaying. Maybe* 
this is the time, for a breakthrough.” ! 

Mr. Olavsen, at home in the treach- j 
erous, Arctic waters around the Lofoten i 
Islands of Norway, is counting on it. \ 
“We are committed' to hunting on a« 
scientific basis.” he. said. “It is nice to! 
know that is starting tosinkin.” J 

(^rihahs Evacuate as Dike Bursts 

• . :l t;i v.:.s. : fiosHjqna :i yv. 


Gerihany — Emergency teams evac- 
uated areas along the Oder river on the 
Gennan-Polish border Wednesday after 
one dike burst and others threatened to 

Hundreds of German border guards, 
together with 1,800 soldiers, local po- 
lice and volunteers worked around the 
clock with 36 air force helicopters to 
shore up the banks of the Oder, German 
officials said. 

They evacuated about 250 residents 
in areas south of Frankfurt an der Oder 
and 300 additional residents at the con- 
fluence of (he Oder and Neisse rivers. 
Officials said, however, that more of the 
5,000. residents in the immediate area 

would be obliged to leave their homes 
and places of work. 

They said that water levels could rise 
by 20 centimeters (eight inches) during 
the day and that dikes were so porous 
that large swathes of countryside and 
built-up areas could be submerged by 
flood waters during the first few days of 
next week. 

Across the river in Poland, the au- 
thorities said that a new high-water 
swell was advancing down the upper 
Oder, some 300 kilometers ( 180 miles) 
upstream. They said, however, that it 
was less serious than the huge swell that 
affected the same area earlier this 

“The flooding is by m means over,” 
Alwin Ziel. interior minister of the state 

of Brandenburg, said in a radio inter-! 
view. i 

“There will be another wave,” Mr. I 
Ziel warned residents who ignored po-| 
lice orders Tuesday to leave them 
homes. “Those who are not able to join 
emergency teams must get out. Time is \ 
running out for the evacuation.' ’ 
Germany has escaped the worst of the - 
flooding, which has claimed more' than 
100 lives and flooded thousands of 
homes this month in the Czech Republic 
and Poland. ‘ 

The burst dike flooded the area be-i 
tween the villages of Anrith and| 
Brieskow-Finkenheeiti just south '.of 
Frankfurt an der Oder, and the police! 
were evacuating the last remaining res-{ 
idents there, the local authorities said, j 

Taylor Wins Bulk of Liberia Vote Extremists Massacre Algerians 

MONROVIA, Liberia — Partial results of Liberia’s 
presidential election show Charles Taylor with more than 
75 percent of the votes counted, giving him an unassailable 
lead over 1 1 rivals and assuring him the top job he failed to 
win by arms. 

His nearest rival, Ellen Johnson-Sirleaf, said that her 
Unity Party might accept the final results. The only woman 
in the presidential race, she polled 45,195 votes, or 9.5 
percent, in the partial count Mr. Taylor's National Patriotic 
Party got 356,548 votes, or 75.4 percent from 472,863 
votes counted. 

One of the contenders, Baccus Mathews, the former 
foreign minister, conceded defeat Wednesday and en- 
dorsed the election as ‘ ‘reasonably free and fair. He called 
on Mr. Taylor’s other rivals to accept the results. 

- Mr.- Taylor's invasion from Ivory Coast in December 
' 1989 opened a war in which more than 1 50,000 were killed. 
The economy was ruined and half the prewar population of 
25 million people has been displaced (Reuters) 

( Reuters ) 

Belgian Held in Genocide Case 

NAIROBI — Kenyan authorities arrested a Belgian man 
wanted by the UN war crimes tribunal in connection with 
.the Rwandan ethnic massacres of 1994. the court said 
. Wednesday. ' 

. He was. identified as Georges Ruggiu, 40, a former 
. presenter for an extremist radio station, Radio Mille Col- 
lines, which urged Hutu to kill Tutsi during the four-month 
genocide in file centrid African country. 

Mr. Ruggiu is the first non-Rwandan detained in con- 
nection with the massacre of more than 500,000 people, 
most of them Tutsi and Hutu moderates. (AFP) 

South Africa Will Arm Rwanda 

PRETORIA — The South African government is to 
resume sales of military equipment to Rwanda and is 
prepared to consider supplying it with lethal weapons, a 
cabinet minister said Wednesday. 

Pretoria suspended weapons sales to Kigali last Novem- 
ber, oiling fears that South African military equipment 
could be used to fuel conflicts In central Africa's Great 
Lakes region. 

Kader Asmal, who is minister of water affairs and 
forestry- as well as chairman of the government National 
Conventional Arms Control Committee, told reporters 
Wednesday that the resumption was prompted by what lie 
called changed circumstances in Rwanda and the need fur 
that country to restore peace. (AFP) 

ALGIERS — Attacks in three Algerian villages have left 
as many as 56 people dead, many with their throats slit, 'in- 
die past three days, press reports said Wednesday. 

Thirty-nine people, including a family of 15, were mas- 
sacred in the village of Yerama M’ghita in the Blidaarea 
Tuesday, the daily newspaper Le Matin reported. 

Also Tuesday, an armed group of about 20 men killed 
eight people in attacks on two families in the nearby, 
garrison town of Benachour, slitting the throats of four 
women and three men and decapitating a three-year-old 
child, the paper said. (AFP) 

German Had Bomb, Cuba Says 

HAVANA — A man carrying a German passport has 
been arrested, reportedly for planting an explosive device in 
the tunnel that runs under Havana Bay. . - • s 

There was no evidence that the device had exploded. 

The German Foreign Ministry confirmed Wednesday ’ 
uiat a man with a German passport had been arrested 
Saturday in Cuba. She declined to give details on the man’s 
identity or the reasons for his arrest. 

The Madrid newspaper El Pais identified the man as 
Michael Reeb. But the Mexican government news^gency 
Nqtimex called him Michael Reeve. The repohTcmoted 
unidentified sources and a woman who said she had beeb 
renting a room io the man. > (AP) 

Vice President Is Found Guilty 

GUATEMALA CITY — Gustavo Espina, former vice 
jxwident, was sentenced to four years in prison ora$l ,200 
line Tuesday for violating the constitution during a 1993 
Sefrano emPI eng,neercd the president at the time, Jorge 

The trial marked the first time in the nation's history that 

a Vice ores idem WflC Iri^W fnr OPtiAnn An — 1 « . ^ . . 4 

move to dissolve the legislature. Mr. Serrano was removed 
soon al toward by the military. 

or!£.«r„« tarred rrom public offl “ durin 8 "» j*» 


For the Record 

I he ruling Alliance for Democracy in Mali sweat 

lh5 | l WL ‘ re *W otted W most opposition 
purtits. iIr eleuoral commission announced wednes- 

y . (AFP) 

2. ■„ 

— ' . A - 

- i r‘ 

JJc'-. '7 r , 

it:- . 

Jlfll : ■ 1 

tit- ’ * :r ; 

acfir c V •" v 

" l -' r - -M 

1 J'C‘. 

2?. r .. 
iiV = r- • ; 


« -- 

* i. 



iri * F ‘re 

orks in 'iiCj 

ARiS . 

f w , “k |,l». ... 

’■ .k-'-Tiiiar ti. .r '* 1 ■ ^ on- 



:: ’"f l: ^4A , 

• rrMl C 
‘ r nMel** 

••• h. 

. '*■• • '- . 

. V : r r^-; 
1 ''I 1 " t- <»,. 

• i-'jr , , 

Chapter’s End in Pol Pot Mystery? 

The Truth of His Fate in the Jungle Remains in the Shadows 

By Keith B. Richburg 

Washington Post Service 

; PHNOM PENH — In the wake of the 
bloody coup by the Cambodian strong- 
man Hun Sea, a ooce-centrai player in the 
country's long-running tragedy has been 
momentarily forgotten — Pol Pot, the 
. shadowy and notorious Khmer Rouge 
leader who was r^X)nsibl6 for tbe deaths 
of more ihan a millio n Cambodians. 

" v ! For two weeks in June, Cambodia and 
much of tbe rest of the world were 
transfixed by a bizarre drama sup- 
posedly unfolding in the remote north- 
ern jungle region. Mr. Pol Pot, described 
as old and dying of malaria, was said to 
be held prisoner by the guerrillas he 
once Jed, under arrest in tbe isolated 
village of Anloag Veng after ordering 
the execution of his defense minis ter. 
Son Sen, and Son Sea’s family. 

: There was even some “proof 
offered for the unlikely turn of events — 
grisly photographs of Mr. Son Sen and 
his once-powerful wife, Yun Yat. There 
was an unusual Khmer Rouge radio 
broadcast on June IS beginning, 
“Treason by Pol Pot took place ...” 
There was an announcement by a top 
general, Nhek Bun Chhay of tbe royalist 
^ Funcinpec party , that lie bad seen the 
• ailing Mr. Pol Pot confined to a house. 

And there was the heady possibility 
that the notorious dictator might be 
brought before an international trib unal 
to answer for his crimes during his bru- 
tal rule from 1975-79. 

But now Cambodians, diplomats and 
longtime Khmer Rouge-watchers are 
asking: How much, if any of it, was 
true? Is Mr. Pol Pot still under house 
arrest? If so, where is he now? And will 

he ever be brought to justice? No one 
knows. Hie events in the remote jungle 
Iasi month remain a riddle. And so 
powerful is Mr. Pol Pot’s evil mystique 
that many here are openly doubting he 
was ever under arrest. Some believe Mb'. 
Pol Pot himself masterminded the tale 
of his abduction. 

“I've never believed Pol Pot is ar- 
rested or surrounded,” said Youk Ch~ 
hang, a Cambodian-Amcrican who sur- 
vival the Khmer Rouge genocide and 

*We know they lie, but 
we tend to want to 
believe. They’ve been 
lying for 20 years. 9 

returned here in 1995 to run the Doc- 
umentation Center of Cambodia, which 
is collecting evidence on the Khmer 
Rouge killings. “It’s part of the game. 
We biow they lie, but we tend to want to 
believe. They've been lying for 20 
years. I think many Cambodians don’t 
believe it either.” 

Christophe Peschoux, assistant direc- 
tor of the UN Human Rights Center and 
a researcher on the Khmer Roage, said, 

‘ ‘My feeling is that Funcinpec has been 

Asked if Mr. Pol Pot himself may be 
behind the abduction reports. Mr. 
Peschoux said, "That's my feeling, 

Much of the confusion about the June 
events at Anlong Veng stems from the 
mystery of Mr. Pol Pot himself, who 
relished intrigue and who, despite his 
worldwide notoriety, remains largely 

unknown. He has been reported vari- 
ously to have stepped down from active 
duty in the Khmer Rouge, to have died of 
malaria or to be living in exile in Thai- 
land. Since 1992 there have been no 
speeches read on Khmer Rouge radio 
attributed to Mr. Pol Pot, and there have 
been no confirmed sightings of him. 

According to one theory gaining cur- 
rency in Cambodia, some of the hard- 
liners among foe Khmer Rouge may have 
decided it was time to come in from the 
forest and join the political process. They 
would have recognized that their asso- 
ciation with Mr. Pol Pot made them un- 
palatable to Cambodians and the world. 

Some say Mr. Pol Pot may have 
stepped aside voluntarily, allowing him- 
self to become the public scapegoat for 
the worst crimes of the past, so that the 
movement could continue without him. 
Another version of this theory is that he 
never ceded control but was behind an 
elaborate ruse to get his guerrillas re- 
integrated into the political system. 

Others contend that the revolt may 
have been genuine, but that Mr. Pol Pot 
was never arrested — and that the hard- 
liners in revolt never intended to turn 
over their leader to face international 
charges that would have implicated the 
entire movement. 

“I never thought much that he would 
be turned over,” said a Western dip- 
lomat and longtime analyst of the Khmer 
Rouge. “I thought there was a chance he 
might be turned over dead. I think it’s 
possible, though, he may have been a 
real prisoner.'' 

“The party may have decided that to 
survive, they had lo get rid of this al- 
batross,” he added. 

One theory is that Mr. Pol Pot died 

EnunanoH Dnmmi/Agencc Fnncc-Pnanc 

A ranger on guard at Chong Chom, Thailand, on the border with Cambodia, which is closed. Thousands of 
refugees have gathered on the Cambodian side of the border, fleeing clashes between rival Cambodian forces. 

before the bizarre stories started leaking 
out from Anlong Veng. According to this 
version, his death might have sparked a 
power struggle between those who 
wanted to defect and those who did not 
The major source for the Pol Pot story 
was the now-exiled Funcinpec leader. 
Prince Norodom Ranariddh. He told re- 
porters in Phnom Penh that he had been 
negotiating secretly with the Khmer 
Rouge hard-liners and had held an un- 
disclosed meeting with Mr. Pol Pot’s 

longtime assistant Khieu Samphan, 
sometime around June 1. 

At the time, Mr. Hun Sen warned 
Prince Ranariddh against entering any 
alliance with the Khmer Rouge. Mr. 
Hun Sen later used Prince Ranariddh’s 
negotiations with the Khmer Rouge as 
the pretext for his coup of July 5 and 6. 

The only person claiming to have seen 
Mr. Pol Pot under arrest at Anloag Veng 
was General Nhek Bun Chhay, tbe Fun- 
cinpec military commander, whom 

Phnom Penh journalists and scholars 
call unreliable. The general did not pro- 
duce any evidence to confirm his re- 
ported sighting and he disappeared dur- 
ing the July fighting in Phnom Penh. 

The one thing that seems certain in the 
Pol Pot mystery is that the events of July 
— Mr. Hun Sen’s violent takeover of the 
government and Prince Ranariddh’s 
ouster and exile — make it more un- 
likely than ever that Pol Pot, if he is being 
held prisoner, will ever be turned over. 

Hong Kong High Court 
t Hastily Put Together 

HONG KONG — Hong Kong legis- 
lators Wednesday endorsed 15 local and 
overseas judges to sit on the newly con- 
stituted Court of Final Appeal, despite crit- 
icism that the list had been hastily pushed 
through by die government. 

Justice Secretary Elsie Leung said the 
court, the highest in Hong Kong, had to be 
set up swiftly because an appeal to an 
important constitutional case might soon 
have to be beard. The legislators were asked 
to approve the list in just one sitting. 

Ms. Leung said Chief Executive Tung 
Chee-hwa had been given the list of re- 
commended candidates only last week by 
. -anindependent judicial commission, mak- 
ing it impossible id give legislators tbe list 
untUnowu (AFP) 

China Dissident to Sue 
. OverRights Violations 

SHANGHAI — The Chinese dissident 
Bao Ge said Wednesday he planned to 
appeal a court ruling rejecting his attempt to 
fUe a lawsuit against a labor camp for 
violating his human rights. 

“The court told me that under Chinese 
f . law there is no provision for suing prisons 
or labor camps, be said in an interview. 

Mr. Bao, 33, was released on June 4 from 
the Shanghai No. I Labor Camp, where he 
stayed three years. This month he applied to 
sne the labor camp for what he said were 
. human rights violations. 

Meanwhile, another dissident, Xu 
.’ Shuiliang, said in Beijing that he had been 
. given a passport apparently to encourage 
him to go into exile. Mr. Xu, 52, said he had 
received his passport last week. He plans to 
- travel to the United States. (Reuters. AFP) 

South Pacific Dispute 
Heats Up in Australia 

CANBERRA — The dispute over the 
government’s private criticism of South 
Pacific countries was fanned again 
Wednesday with release of what appeared 
to be an angry Foreign Affairs Department 
e-mail commenting on Australia’s South 
Pacific policies. 

Copies of the e-mail, a memo criticizing 
the harsh depiction of Pacific affairs by the 
Office of National Assessments, were giv- 
en to journalists with notes at a Foreign 
Affairs Department briefing. Officials said 
they did not know who had attached tbe 
private memo to the notes. 

Last week, a top-secret paper that con- 
tained a scathing assessment of South Pa- 
cific economies and leaders that had been 
left on a table at a conference was published 
in the press. - - ■ ■ (Reuters)- 

Prison Labor in Burma 

RANGOON — Burma’s home minister 
has recommended that prisoners should be 
used to develop the country, an official 
newspaper said Wednesday. 

Convicts serving sentences constitute a 
“considerable labor force” that should be 
used effectively instead of being left idle, 
Lieutenaot General Mya Thinn said, the 
New Light of Myanmar said. (AFP) 

For the Record 

Taleban foes said Wednesday that they 
were only 25 kilometers (16 miles) north of 
Kabul. (AFP) 

The Philippine Army withdrew from a 
captured Muslim rebel base in the south- 
ern Philippines on Wednesday, a week be- 
fore peace talks were to resume. (AFP 

A Hungry North Korea Talks of Adjustments’ 

By Mary Jordan 

Washington Post Service 

TOKYO— By the end of 
this week, 80 South Korean 
engineers, construction 
workers, telecommunications 
specialists and doctors will 
have landed in a place that 
these days seems more dif- 
ficult to reach than Mars: 
North Korea. 

The unlikely colony of 
South Koreans will settle for 
one year in the hostile land as 
part of an international effort 
to build safe light-water nu- 
clear reactors? 

By August, new telephone 

- oqmpmentis to bejnolace for. 

these workers to place the 
first civilian telephone calls 
in decades from North Korea 
to South Korea. 

“It's a big deal in the sense 
that something so unprece- 
dented has happened in an 
ordinary way,” said James 
Laney, a former U.S. ambas- 
sador to South Korea who has 
jusr returned from a visit to 
North Korea. 

Mr. Laney, accompanied 
to Pyongyang by a former 
U.S. senator, Sam Nunn, said 
in a telephone interview 
Tuesday that North Korean 
officials, proud of their Sta- 
linist system, had “said it will 
never change.” 

But Mr. Laney added, 
“We did talk about adjust- 

Quietly, and under the 
pressure of trying to keep 

alive its crumbling, hungry 
nation. North Korea does 
seem wilting to make some 

[The South Korean Red 
Cross said Wednesday an 
agreement for more food aid 
for the North was likely to be 
signed this week despite a 
complaint by Pyongyang that 
the South’s offer — of about 
50,000 tons of rice and com 
— was nor enough, Reuters 
reported from Beijing. 

[Lee Byoung Woong. sec- 
retary-general of the South 
Korean Red Cross Society, 
said talks about the new aid 
with a North Korean Red 
Cross delegation had gone 
well. A South Korean Em- 
bassy spokesman, Chang 
Moon Ik, said Red Cross of- 
ficials had said they hoped an 
agreement could be signed 
after further meetings in 
Beijiog on Thursday. 

[A Red Cross official in 
Seoul said the new aid could 
be available for delivery to 
North Korea by October. A 
shipment by the South of 
50,000 tons of grain, agreed 
to in May, is due to be com- 
pleted this month. Choe Gy- 
ong Rin, the head of the 
North's delegation, while 
complaining that the South 
Korean offer was not big 
enough, described the talks as 
“very friendly’’ and said he 
was optimistic about their 

North Korea recently said 
it would allow civilian air- 

craft to fly through its air- 
space, a move that would earn 
cash for Pyongyang while 
saving money for commercial 
airlines, whose jets would no 
longer need to bum extra fuel 
to fly around the country. 

North Korean officials also 
have.told Tokyo that they will 
begin allowing hundreds of 
Japanese wives of North 
Korean men to return for vis- 
its to tbeir homeland. 

Last week, Washington 
□early doubled its donation, 
to $52 million of food aid, 
and for the moment, Wash- 
ington is guardedly optimistic 
that North Korea will agree 
to the next round of prelim- 
inary talks aimed at eventu- 
ally establishing a permanent 
peace on the Korean Penin- 

"We have a long way to 
go," Mr. Laney said after ar- 
riving in Seoul from two days 
of discussions with close con- 
fidants of the North Korean 
leader, Kim Jong II, in Pyong- 

At a news conference in 
Seoul, Mr. Nunn said the food 
shortage was clearly evident, 
even in the capital. 

‘ ‘I have never been to a ciiy 
where we have been driving 
for two days and where I nev- 
er saw anyone with food or 
beverage in their hand,” he 

“Not a candy bar, a soft 
drink, a sandwich, an orange j 
— anything.” he added. 

Asked about his impres- 

sions of Pyongyang on his 
first visit there, Mr. Laney 
said: ”1 was not prepared to 
see how the city had declined 
from the pictures and video 1 
had seen. It is deeply impov- 

Mr. Nunn and Mr. Laney 
said they had been invited by 
North Koreans and, although 
they were there on a private 
mission, they would be re- 
porting back to Washington. 

They said the North 
Koreans had told them they 
wanted far more food and a 
lifting of U.S. economic sanc- 

"North Korea feels like 
it's being strangled” by the 
sanctions, Mr. Laney said. 

The Americans also spent 
considerable time discussing 

the establishment of better 
communications with the re- 
clusive North Koreans. 

If there were regularly 
scheduled meetings with 
North Korean officials, Mr. 
Laney said, problems such as 
last week’s eruption of gun- 
fire along the Demilitarized 
Zone between the two Korea* 
could be resolved out before 
they escalated, Mr. Laney 

The former ambassador 
said establishing a locale like 
Checkpoint Charlie at the 
former Berlin Wail might 
lessen the tension and “de- 
mystify” the border, where 
soldiers of the two sides never 
speak but stare each other 
down at a distance through 

Do you live in Austria, 
Belgium, Luxembourg 
or Sweden ? 

For information about subscribing call: 

Austria 01891363 830 
Belgium 0800 17538 (toll-free) 
Luxembourg 0800 2703 (toll-free) 

Sweden 020 797039 (toll-free). 

TTf' gk ivTn»vnAu.M> • * 




ti serial 1 . 


adored, dorffod, teed and preserved 
sound the wait now and for ever. 
Sacred heart Jaae pay tar. us, Sain 
. Jude werter d mVacte pray far us, Saht 
Jude Mp of ta helpless pray for us. 

- Am Sty Us payer nine Smes a day, 

1 by the 91h day yaw prayer wffl be an- 
swraL B tas new bean bum to feL 
Piftfcation mat be pnmessed. 


THANK YOU Sat Jude and Sacred 
Heart ot Jans, for prawn 


For ares&ms or cpiarfes dbcut the dsfc- 

n M oidBOu a ateob- 

ton, pieate cat! Hw fokwing narfaars: 


. YOU. FREE ■ Austria OGGO 8120 Bof- 
gkn 0600 17538 France 0800 437437. 

,1 0“ il! - 

Germany 0130 848S85 Bafy 167 7B0MQ 
1 laantaig 0000 Z7TO Nfiffiatends 06 
0225158 Sweden (CO 797039 Switzer- 
land 1S5 5757 IK 0800 895865 Be* 
1*3® fa 3| 1 4J4SB351 7 HE AMB8- 
' CAS: USA (toMree) 1-8008822884 
Bswtiare (ri) 212 7523880 ASIA: 

S Kong 2S22 1171 Indonesia BOO 
Japan fcMrae) 0120484 027 . 
Korea 3872 0044 Uafcnte 221 7055 
, Pfoteptnes 885 4946 Snppw 325 
. m Tttean 7753456 Tbafend 277 
4485 Brathm 28221171 

FHUNG km? • fate Mftfains? SOS 
, Hap crisfrtae Id arista. 3 p.m - 
. Ilfun. Tefc Paris (01) 47 23 BO 80 

Legal Services 

DNQRCE K 1 DAY. No trifoi. Write 
Btt 377, Sudbury, UA M776 USA. Tet 
5KW4W307. foe 50BM4M183. 

OFFSHORE COMMSES. for tee bo- 
din or Bdvkc Tot Ionian 44 181 741 
U84 Far 44 181 748 6558/6330 


Aston Coroorate Trustees 

19 PhI Road, Doatias, Ut of Mm 
T* +44 M 1624 626591 
foe 444 (0) 1824 825128 


Tet +44 ffl) 171 233 1302 
foe *44 TO 171 233 1519 

E Hafl: astonSentoprisanet 


ore I 






noose coda* Bart Dekfcer. UD 


2402 8s* d America Toner 
12 Hamit Road. Comal. Hera Kong 
Tat 852 3220172 foe 852 25215390 

E-m* 0CRA80CflA.C0M FK 

W» pages WWW.0CRACOU 

FROM US $350 

Vft incorporate in Irekmdarl 
d otter tMm fjrisMm 
la Ptarinjj Undertaken. 

Rr Himadata seta aflact 
EHsta Murphy, Doctor 
103, UmrSaggnt Street 
Mfn 2 Wart 

Tet* 353 1 6518490 Fac 6518493 
E4btt WnfoOfcsLoom 
f*ti pages mwJCSLaw 

(tun Bat contend ctioncais, ofc, to- 
ds, pehris etc- Tatar-made industrial 
wiring and ending machines. Far 
Stezerfand +41 56 621 OHM 

with correspondent relationship.. 

Class A commercial license. 
Immediate delivery. US $60,000, 

Nassau, Bahamas 
H feh (242) 394-7080 Ebc (242} 394-7088 

Agents Wahtcd Wojhswide 


New Lower 

Germany 31 certs 
Japan 38 cents 
Ranee 33 certs 
UK 20 certs 

•No Setup Foes 
*M) Utibuie 


• 2+ta* IMHraual Custimer Service 


Where Stand** n Set; not IW 
Ere* UoiUBacluaa 
w* JmBtekron 

I Business Services 

Band Steel • tofl, Phona. Fa. Teta 

Tot 44 171 290 9000 fo 171 499 7517 

Business Travel 

IriBushms Clan Frequent Tmefcre 
itatMde. Up to 50% nL No capons, 
no restrictions, impenal Canada Tet 
1-514-341-7227 FflJC 1-51 4-341-7*10. 
e-mail address: 
WpJw iaJoginjie Wm pe ria l 


wap ipL Ua USS3Q/500 mfflen. knm»- 
dUe action, <ka «gence satMed. 
Pnrcfafe on* foe 004191 649 82 48 

available for any viable precis irerid- 
mda. foe brief synopsis in EngBsh to 

Capotes Adians, W44-1Z73-621300. 

Rea! Estate 

tor Sale 

Paris and Suburbs 

2001 , U CAIINGNE A PARS, house : 
graw&or + 2 teds + ant, garden, 
npeoabfe comfflon. FRtfMOQ, Tet 

(0}1 47 00 72 21 

Real Estate 
for Rent 

Baris Area Irumished 


Ftmsted apartmenB, 3 matte or more 
or adunetaed, restate! eras. 

Tetrf3««25 32 25 
foe +33 (mis 93 37 as 

200 SQjt, double Mig, 3 bedooms, 
2 bate, rewHEd, cun 
FRftOOO • Tflt 01 45 2M2 19 


ments. Rom studios to 4 bedrooms. Tet 
+41 22 735 6320 Fax +41 22 736 2671 

Real Estate Wanted/Exchange I Employment 

Escorts & Guides 






Escort Agency Credk Cards Welcome 

TEL* LONDON ++ 44 (W 

0171 589 5237 


Worlds rid A Mas Betake Sente 
Bod*, Beauty Queens. Adreeaes 
EitaUnera, Hostesses, Seetatea 
HoBAnwl Trawl Companfoni ■ 
Used: ‘Best In New Yore* ty New 
Yah Mm Feakffld in iribnaflonai New 
Uafe & tV. Video tapes & Photos Mi- 
tot selecting Credl cffltfe acc ep ted. 


and Dimer Dap Sente for Hm or Her. 
Ttt *31 (0) 2fr64 (E 566 / 64 02 111 

SWAP HYC APARTMENT afoi stunrmg 
Baft hone paradise, mm pool, cook, ite- 
er etc. For NYC equivalenL Md CttOec 
97. for 62-361-974357 



«44{0p00 77 04 1112203 

USA: 212 785 1919 


++31-2M27 28 Z7 
aefcft fl en e w D eee l O mm 
BroneWnhrap + A: Vienna 


COSMOS Escort 

71-978 6606 

nw- Credit Cards 



LONDON 0171 362 7000 

Al canfo- Advance bookings wtone 

kternabnal Escort & Travel Sente 
Vienna «43-i-5354iQ4 snoot carts 

Tfte Wortfs RnaC lattes 
Escort Sertice 
London Tet 0171 A98 5789 

Domestic Positions Wanted 

COUPLE, experienced, cftarjrtajrftxjtter, 
cooMouMteeper. SpanistoFranctiftc™ 
Engfcft. Tet Paris +33 (0)1 4353 4596 

Top local A travel service worldwide 
Escort Sente Vienna ++ 43 - 1-212 0431 


0171 724 0771 

EUTE Escort Service 


1 ULAN * JULIA 1 +39 (0tt3SJ03J)953 
AS btf Smbariani C. tfVtar Pahs 

51 Beauchamp Piece, London SW1 
Tet 0171-594 5513 


Td +39 {9)335619 0438 CreA Carte 

Cal (£2 / 346 00 69 Escort Aara 

FAR EAS7TRN MSO 521 074 

Japanese, Aten, Korean, Caribbean, 
Thai, Chinese, Malayan 8 Pfflippiro 
London Escort Agency 

Bctewe aejatf Sfccaial £ FWandty 
London l Heterew, 01 8190^261 Parts 

BJfGAOT Society Hostess, watemes 
osL'jjBted roadie gertoarentolondon. 
Private font Service 0171 482 0987 

Herald Tribune 
ads work 

BERUN 030 89093715 

PLEASE CALL 069 / 955 20 774 


Charming Language Student (+18) 
7 (toys let 0171 485 4771 

Brunette offers Spedaf Private Escort 
Services TOL 0171 625 1755 

Escort & Gude Send* EngEsh 
Before teHgH Tet 34-1-373 96 38 

Service. 5., Recto ttlmzefe 2a 
0222086 86 84 1 1 

Padtage London Prenuf Escorts 
24 Ins 0171 266 3040 Cret# Cads 

VIP Escort Sente ptaos to view cental 
Union oto 0171 835 0006 al carts 

Esccn Semes 
Tflt 01 / 261.49.47 

CONTINENTAL Escort Sente London 
TM: 0958 223317 24 tes Cradl Cads 

LONDON OFFICE 0171 341 9653 


LONDON 0171 262 2886 AS Cert) 

Modd Friendy and Very Hnh Qass Es- 
cort Service Tet London 0171 349 9715 

1 349 9716 


THURSDAY, JULY 24, 1997 



More Than Just Talk? 

The Clinton administration and 
CongreM have become quite skillful at 
identifying human rights abuses 
around the world while not doing 
enough to end them. The latest mani- 
festation of this troubling habit is a new 
State Department, report on die per- 
secution of Christian groups abroad. 
The study’s emphasis on religious in- 
tolerance is heartening. But the pur- 
pose of the project has less to do with 
c hang in g American policy toward re- 
pressive countries than with scoring 
political points at borne. 

The suppression of Christian groups 
is an important problem that has re- 
ceived insufficient attention from 
Washington. As the report makes 
clear, the exercise of religious free- 
dom, and Christian beliefs in partic- 
ular, is discouraged in numerous coun- 
tries. China is a leading offender, but 
the roll call of nations that lack full 
religious rights includes Russia, Cuba, 
Egypt, Saudi Arabia, Pakistan and In- 
donesia, to name only a few. 

The State Department’s Bureau of 
Democracy, H uman Rights and Labor 
has provided an unsparing description 

eluding Jehovah’s Witnesses. Boris 
Yeltsin on Tuesday courageously ve- 
toed a new law that would severely 
limit religious freedom in Russia. 
Unfortunately, the whole exercise is 

ruses against Christians, including 
the banning of worship services and 

the arrest of church leaders. 

While China gees extensive treat- 
ment and a deservedly harsh evalu- 
ation, the report by no means rests 
predominantly on its China section. 
American friends like Saudi Arabia 
and Russia are criticized, and even 
Germany and Prance are tweaked f co- 
hostility toward Christian sects, br- 

ing that surrounds it The review was 
ordered by Congress to satisfy polit- 
ically influential Christian groups. The 
report opens with a grandiose sum- 
mary of executive branch actions to 
promote religious freedom abroad that 
seems primarily intend ed for the same 
domestic audience. Now that one faith 
has been singled out for review, others 
may press for similar treatment While 
much may be learned from these re- 
ports, there is a practical limit to bow 
many studies of this kind the State 
Department can conduct. 

- Washington's human rights reports 
are themselves a form of pressure on 
abusive governments, but they cannot 
substitute for mare direct action. It is 
one thing for Secretary of State 
Madeleine Albright to reaffirm the vi- 
tal importance of religious freedom, as 
she does in a foreword to the Christian 
report. It is quite another matter to use 
American diplomatic and economic 
leverage to press for human rights and 
religious tolerance, something that the 
Clinton administration has not always 
done, especially with China. 

Having gone to the trouble of as- 
sembling all this infonnation, it would 
be nice if the administration unequi- 
vocally made human ' ri gh ts a center- 
piece of American foreign policy. 


Cyprus; Divorce Could Precede Reconciliation 

Cypriots inay hereby to tiatinga ^ 


riots have be- 
rgun to talk again after a hiatus of 
more than three years. Under UN aus- 
pices and with the guiding hand of U.S. 
diplomatic troubleshooter Richard 
Holbrooke, Greek Cypriot President 
Giavkos Derides and his Turkish Cyp- 
riot counterpart, Rauf Denktash, met 
near New York from July 9 to 12. TTiey 
have agreed to pursue their discussions 
next rdontfa in Geneva. 

A positive mood in Gxeek-Turkisb 
relations contributes to the idea that 
after 30 years of division, a deal on the 
island might finally be at hand- 
- The unresolved Cyprus jHOblem cre- 
ates problems across Europe tiiat are far 
out of proportion to the island’s size. 

By ensuring ebai Greece and Turkey 
remain bitter adversaries because 
neither can afford to abandon its Cyp- 
riot constituency, the problem forces 
both countries to maintain far larger 
and costlier defense establishments 
than would otherwise be necessary. 

The ever present risk of war over 
Cyprus is amain cause of the Greek and 
Turkish military rivalry in the Aegean, 
which last January nearly led to war 
over some rocky islets. 

A war over Cyprus — triggered, for 

By Philip Gordon 

example, by Turkey carrying out its 
threat to attack a Greek Cypriot air 
defense system scheduled " 
ment next year — would have 
consequences, drawing in perhaps oth- 
er NATO allies and/or Russia. 

The Cyprus stalemate complicates 
European diplomacy. Turkey’s oblig- 
ation to stand alone over Cyprus iso- 
lates it from its desired European part- 
ners and drives it toward the fringes of 
Europe, and Greece feels obliged to put 
its stake in Cyprus above its relations 
with the European Union. 

Anyone who cares about European 
security should wish Mr. Holbrooke 
and his UN colleagues welL But we 
should also be realistic. A negotiated 
deal on a unified Cyprus seems no 
closer than before. 

The reasons why a deal has been 
impossible for more than 30 years — 
disputes about freedom of movement 
on the island, the displaced refugees 
from both north and south, the role of 
settlers from mainland Turkey, and the 
insecurity felt by the minority Turkish 
Cypriots — remain today. 

The Greek! 
take the whole<__ 

Union, but the Turkish Cypnofc 
ive no intention of going along unless 
their security and political rights out be 


If an agreement on a federal state 
cannot be reached, it may be time to 

is to muchoftbe interna- 

tional community because basal on a 
sort of ethnic cleansing at the time of 
the 1974 Turkish invasion. (Some 
140,000 Greek Cypriots fled south, and 
some 40,000 Turkish Cypriots fled 
north.) But formal partition would be 
no worse than the current situati on . 

It would make mare realistic the 
of EU accession for at least 

gttoe ^thet^toiy taken m 1974, in 

exchange for recognition). But n»o- 
Spaitition m&htlgeas^than 
DMonaSg federal reunification. . 

importantly, negotiated par- 
— reinforced by an mternational 

^Tof war, which wiH always be 
so long as a final political set- 

southern part of Cyprus, 
integration of the entire island 

Second, acceptance of partition 
would provide a basis for the enduring 
constitutional order that seems im- 
tible so long as a minority Turkish 
jriot community, with strong 
memories of prejudice and violence 
from before the island's division, is not 
satisfied that it would be safe without 
protection from the mainland. 

Even partition would require nego- 

311cm him — - _« t 

An agreement to live together m a 
federation, which would then jom die 
European Union, remains the most de- 
sirable outcome of the current talks. 
But it is highly unlikely. Perversely, 
Cyprus’s division mig ht have to be 
recognized before it can be overcome. 

Onoetheir borders are made clear 
and their international status is settled, 
the two sides in the Cyprus conflict, 
like France and Germany before them, 
could get on with reconciliation, eco- 
nomic interaction and a stable peace. 

The writer, a senior fellow at the 
International Institute for Strategic 
Studies, contributed this comment to 
the International Herald Tribune.- 

Either Get Back to Alliance Basics or NATO Is in Big Trouble f 

Liberia Gets Taylor 

Libe rians have chosen a strange way 
to end — if it is ended — the seven- 
year civil war that has shredded their 
150-year-old West African country. 
They have overwhelmingly elected 
president the single person most re- 
sponsible for Liberia's tragedy. 

Charles Taylor, a warlord, broke out 
of a Massachusetts jail where he was 
being held on embezzlement charges, 
invaded his country on Christmas Eve 
1 989 and soon toppled the government 
of Samuel Doe. Immense ethnic hor- 
rors followed. 

Mr. Taylor did not finally succeed in 
establishing his full control, thanks in 
particular to a West African peace- 
keeping force led by Nigeria. But now, 
in elections that appear to have been 
free and fair, he has won political 
power over the whole, receiving three 
or four times the vote of his principal 
challenger, Ellen Johnson-Sirieaf . 

Respectful as Americans custom- 
arily are of the verdict of democratic 
opinion, they will not come easily to 
the notion of President Charles Taylor. 
Ms. Johnson-Sirieaf, a former World 
Bank economist and United Nations 
administrator, seemed a natural fit for 
a country desperately in need of 
massive rebuilding and integration in- 
to the regional and world economies. 
It seems, however, that she was hurt 
by an association with the country’s 
discredited elite. 

Mr. Taylor, although still a figure of 
contempt in some parts of Libena, was 
evidently perceived as a strong and 
shrewd leader and recently a peace- 
maker. He had polished up an image of 
concern for the people — partly by 
giving gifts obtained through the illicit 
sale of Liberian diamonds and timber. 

The peacekeepers are due to stay in 
Liberia for at least six months after the 
installation of a new government It is 
hard to think th flf that is sufficient time 
to undo the baleful effects of seven 
years of struggle. Liberians have no 
choice, however, bat to make the best 
of die political hand they have dealt 
themselves and of whatever economic 
hand they will now be dealt by the 
international banks. Mr. Taylor could 
reassure foreign opinion if he found a 
useful place in his government for Ms. 

For the chance at rebirth that Liberia 
may now possess, Nigeria is owed a 
heavy debt for its contributions in 
troops, aid and leadership. 

What seems strangest of all, 
however, is that Nigeria should make 
such a large effort to bring human 
rights and democracy to a foreign 
country in the neighborhood when 
it does not yet enjoy these things 
far itself. This is a contradictir : ’at 
self-respecting Nigerians ca 
longer indulge. 


B russels — The grand 
summit is past It was held 
in the capital of Spain, NATO’s 
newest member, under the 
chairmanship of its first Span- 
ish, and most charismatic, sec- 
retary -general, Javier Solaria. 
This seemed a fitting occasion 
to celebrate the transformation 
of the alliance. 

But foe start of a new NATO 
is also the demise of the old. 

Behind the euphoria, a hol- 
lowness has appeared that had 
not been evident before. The 
leaders seem unclear about the 
present purpose of die organi- 
zation, and therefore about the 
political and military shape it is 
to take. Worst of all, strains 
have shown up in the alliance 
that indicate weaknesses in its 
most vital asset: its cohesion. 

Already in the run-up to the 
summit; resentment was visible 

By Frederick Bonnart 

. at perceived American exertion 
of its power position. A late 
French proposal for additional 
candidates was a reaction; it re- 
ceived considerable support 
from other Europeans. 

In a historical first, a NATO 
s ummi t began without prior 
consensus, and the leaders were 
left to fight it out. During it, 
disagreement was so evident at 
one point that Mr. Solatia felt it 
judicious to let it be known dial 
the participants had made the 
maintenan ce of unity their over- 
whelming objective. 

The summit was supposed to 
conclude a post-Cold War 
jof NATO uncertainly that 
begun with perception of a 
need to justify the alliance. 

More than 40 years of in- 
creasingly closer military co- 

operation had led to a rare har- 
monization of procedures, 
language, equipment and tac- 
tics. That made economic 
sense, as foe security produced 
in common was far greater than 
the sum of individual national 
efforts could provide. Above 
all the trans-Atlantic link was 
recognized as the bedrock of 
European security. 

All that could have been 
ample justification for keeping 
NATO. The costs of maintain- 
ing the international element of 
foe organization, foe political- 
military framework, are a small 
tion of member nations’ 
fease spending. 

For foe Europeans, the 
American guarantee would re- 
main. For the United States, die 
commitment to Europe in 

peacetime would obviate the 
need to come to Europe's res- 
cue, at great cost in lives and 
resources, as it has done mice 
in this century. 

Moreover, foe old NATO 
provided an American forward 
force projection not only into 
Western Europe but further 
afield as well. That was im- 
portant to America in the Leb- 
anon crisis, foe Gulf War and 
most recently in Bosnia. 

However, such justification 
was considered .insufficient to 
persuade reluctant parliaments 
to come up with the necessary 
funding, so other functions had 
to be found. These ranged from 
peacekeeping to peacemaking, 
from crisis management to 
maintenance of stability, with 
civil emergency assistance and 
air-sea rescue thrown in for 
good measure. 

American Fear of the Rise of Asia Is Dangerous 


Into Herculaneum 

Everyone knows about Pompeii, but 
in some ways the more interesting an- 
cient site is Herculaneum, the smaller 
town nearby that was also entombed 
when Mount Vesuvius erupted in A.D. 
79. Writing 30 years ago, Frank 
Brown, director of foe American 
Academy in Rome, called Hercu- 
laneum “archaeology’s most flagrant 
unfinished business. ’’ The city has 
never been properly exhumed, partly 
because it was buried under 20 meters 
of hot mud lava, while Pompeii was 
engulfed by volcanic ash. 

Ash is easier to dig, but mud lava 
preserves such perishable goods as 
wooden beds, fishnets, rope ladders, 
sacks of grain and -papyrus scrolls. 
Herculaneum is the only excavation in 
Italy to yield a papyrus library. Hence 
the interest in foe news that Italian 
archaeologists have resumed work, 
after a two-century hiatus, at the very 
seaside villa, which they dubbed foe 
Villa dei Papin, where 1,800 carbon- 
ized papyrus scrolls were found when 
the Bourbon King of Naples first began 
tunneling into the hardened lava that 
covers Herculaneum. News of his 
finds was soon foe talk of Europe. 
Many hoped that the spade and pick 
had uncovered foe missing plays of 
Aeschylus, or Snrr’uo’s lost verse. 

It took years to unroll and read foe 

carbonized scrolls, which in a crushing 
anticlimax proved to be mostly foe dull 
treatises of an obscure Greek philoso- 
pher, Philodemus. But work has re- 
sumed at foe long-neglected site, and 
Marcello Gigante of foe University of 
Naples is sure he can find titerary treas- 
ures in the yet unexcavated Latin wing 
of the library. Since the villa was evid- 
ently owned by Lucius Calpnmius 
Piso, father of Julius Caesar’s wife 
Calpumia. foe odds favor findin g 
something of wider appeal. 

The problem is the cost, perhaps as 
much as $1 million. Pompeii itself is in 

Still,' by propitious co- 
incidence, the richly endowed J. Paul 
Getty Museum in Malibu, California, is 
quartered in a marble gallery whose 
sign was inspired by die Villa dei 
nri. Given its cultural debts to Italy, 
specifically Herculaneum, toe 
Getty Museum might favorably con- 
sider supporting Mr. Gigante’ s project 
Besides, finding foal lost library 
would begin to close a historic circle. 
Atxxiniing to Plutarch, the library at 
Alexandria, containing all foe great 
works of antiquity, went up in flames 
during Caesar’s campaign in Egypt, 
whore Calpumia was not foremost on 
his rnind- 


N EW YORK — In the cam- 
paign finance scandals in 
America, the idea that there is 
something shocking and sur- 
prising about foreign govern- 
ments or special interests frying 
to influence political outcomes 
is disingenuous. They do it all 
the time, and America does it, 
too, covertly and overtly. 

Are we Americans outraged 
when foe America Israel Public 
Affairs Committee aggress- 
ively advocates pro-Israeli po- 
sitions, fund-raising at dinners 
attended by Israeli leaders? 
Have we noticed the millions 
that Taiwan spends every year 
to sway U.S. opinion? Are we 
offended when European lead- 
ers exhort Americans of Euro- 
pean descent to promote their 
positions on NATO expansion 
or other issues? 

Don’t we take for granted foe 
highly funded, very visible lob- 
bying efforts of foreign busi- 
ness groups like automakers? 
Why do we think foreign gov- 
ernments have embassies in 
Washington, ad campaigns in 
our publications, parties for leg- 
islators and lobbyists? 

By David J. Rothkopf 

Would it be a bad thing if 
‘'John Huang had compromised 
his security clearance or broken 
campaign finance laws? You 
bet If he did, he should go to 
jail. Would it be a blow to U.S.- 
Chinese relations if we could 
prove that Beijing was trying to 
sway foe U.S. electorate? Well, 
it didn’t help us much with foe 
Chileans when we helped toss 
ont Salvador Alleade. 

But there is a greater threat 
the underlying fears. It is fair to 
speculate that t his particular set 
of campaign finance scandals 
has won greater prominence 
than foe string of such scandals 
that have come before it be- 
cause foe protagonists have 
Asian names. 

Matters are made worse still 
by foe fact that foe government 
in question is China’s, the coun- 
try that has brought together 
America’s extreme right and 
extreme left in a chorus of high- 
pitched scaremongering. 

The real issue is a deep shift 
in perceptions about the world 
and the threats to our nation. 

When America was settled, 
the threat' was within; .from 
nature and the natives who 
fought to retain the land. During 
foe first 100 years of our nation, 
the threats were from England 
and factions within our still fra- 
gile union. In foe early decades 
of this century, foe primary 
threats were from conflict in 
Europe. But during World War 
□, stunned by the attack from 
Japan, we began a shift in foe 
focus of our concerns. 

Despite all tire Cold War 
rhetoric, we never faced the So- 
viet Union in battle. But during 
foe last half-century we have 
fought wars in or against troops 
from Japan, Korea, China, Vi- 
etnam, Cambodia and Laos. 

To what degree do oar ac- 
tions derive from a fear of the 
rise of Asia? To what degree do 
they derive from cultural and 
ideological gaps? 

The Europeans regularly in- 
furiate us on trade issues, but 
our trade wars have been with 
Japan. The Russians have been 
training ICBMs at us for four 

ine prooiem is me cost, pemaps as 

much as $1 million. Pompeii itself is in TT 1 • 'W~% • • • /> * ~W * MW/ 

&££ St ^top Helping Beijing Get Its Way 

llcral b^^^ Sribiinc 



KATHARINE P. D ARROW, Vice Chairman 
RICHARD McCLEAN, Publisher A. Chief Executive 
MICHAEL GETLER, Executive Editor 

• WALTER WELLS. Managing Editor • PAUL HORYTO, Depot? Managing Editor 
CARL GEWtRTZ, Associate Editors • ROBERT J. DONAHUE, Editor of the Editorial Pages 
■ JONATHAN GAGE, Business and Finance Editor 
• RENfi B0NDY, Deputy Publisher 

• JAMES McLEOD. Advertising Director • DIDiKk BRUN, Circulation Director . 
Dircaeur ck la Publication: Richard McCican 

Intcnunonal H«rakJ Tribune, ISrAvmjeChadessfe-Gaollc. 92521 Tkwily-sta-Sax. France. 
TeL- (1)41 jGSMXI Rue Sdaa&un. (1)41.4351 IQ; Adntiaag. 0)41439112; New, (D41/B3138. 
Iniemeuridress: hnp^ww.ibuom E-Mail: ih^SliteLcwn 

Mn X . Dir Am. ReffD. Kmoqmhl.50 Ghneetur Ri.HoegKatg.Tei. 852^2922-1188. Fate 852-2922-1190 
Gat Mgr Gamar. T Sd&ttr. FrieHdor. 15. 6(323 FnatfiaOt. TeL + 49 <09712504. Far *49 69197050-20 
Pm. VS: Hated Corny, 850 Third /at.. Sew Yak, NX. 10022. Td. (212) 752-3890. Fax: 1212) 755-8785 
UK. Advertising Office: 63 Long Am. London WC2. Tel. (171) 836-4802. Fax: (171) 240-2254 
5 AS. at capital de 1 200.000 F. RCS Nanurre B 732021120. Commission Parittaie No. 61337 
9199 7. hiunkutoul Herald Tribune. All rigia reserved ISSN: 02948052. 

N EW YORK — In just one 
day last week, three stories 
were reported that told of foe 
stunning successes that foe 
Chinese Politburo has achieved 
in manipulating America and 
diminishing it as a credible 
political player in the Far East. 

Journalism, like diplomacy 
ami politics, has failed to show 
the clear line that connects the 
stories. Historically, meaning 
from tomorrow deep into the 
next century, that failure can be 
the Politburo's biggest triumph. 

One story dealt with China’s 
plan to influence foe American 
presidential race and how Bill 
Clinton insisted that the agent 
of Beijing’s chief overseas eco- 
nomic commercial partner be 
given a role in the campaign- 
The agent, John Huang, re- 
ceived regular CIA briefings. If 
foe White House does not un- 
derstand foot anything interest- 
ing that foe CIA told him found 
its way through his Indonesian 
masters to their Beijing part- 
ners, it would be obscene self- 
delusion amounting to derelic- 
tion of duty. 

Another story was about the 
growing worry in Congress foal 
U.S. intelligence has not kept 
track of how China’s increasing 
military and political power af- 
fects America. The House of 
Representatives has called for a 
full report within a year — too 
lonj*. It appropriated $5 million 
to hire academics to help Amer- 
ica's multibillion -dollar intelli- 
gence machinery. 

The third story told of how 
the dissident movement has 
been crushed in China. The 

By A.M. Rosenthal 

Communists got a free hand 
when the Clinton administra- 
tion dropped human rights as a 
goal of its foreign policy. 

The Communists then had no 
worry about economic penalty 
for foe torture and murder of 
Chinese guilty of trying to ex- 
press themselves. 

Just another human rights 
story. But the connecting tine 
among all the successes of 
China is human rights. The line 
begins with President Clinton's 
decision in 1994 to renege on 
promises he had made in 1992 
and 1993 to use economic pres- 
sure to help imprisoned Chinese 
and Tibetan dissidents. 

Human rights for Chinese — 
the right to speak, write and 
worship as they choose — 
should be important in them- 
selves to Americans. They 
should make us cherish aodjpro- 
tect our own, inspire us to give a 
hand to those who have none. 

The apologists for China 
sneer at ail that What are we, 
missionaries? They say Amer- 
icans supporting human rights 
thirst for enemies after foe So- 
viet breakup, and select China 
for foe role. 

The opposite is true. Like 
other police state zulers, 
Chinese Communists live in 
fear of their people’s desire for 
liberties. They see American 
democracy as foe danger to foe 
Communist Party, the inevit- 
able enemy. They search out 
other dictatorships for help in 
damaging America. 

That is why China sells nu- 
clear technology to the likes of 
Iran. To weaken America — 
that is the connecting and bot- 
tom line in Politburo policy. 

For Mr. Climon, the decision 
to betray Chinese human rights 
was the beginning of the line to 
foe other accommodations and 
appeasements. Could he have 
brought into his campaign a 
man useful only because of his 
links with China, direct or in- 
direct, if he were still standing 
up to what foe Communists 
'were doing to dissidents? 

The president's men and 
women walk foe line with him. 
For career reasons, they pretend 
to believe his cynical fantasy 
that deserting human rights 
would somehow make the Com- 
munists improve human rights. 

They have said, straight- 
faced, that it would also per- 
suade the Politburo to safeguard 
America’s security interests — 
no more sales of cruise missiles 
and nuclear technology to foe 

Irans of foe world. So when U.S . 
intelligence did report those 
sales, the administration whined 
a bit but accepted Beijing's in- 
sulting answer that it knew 
nothing about foe sales. 

Only one thing prevents 
Beijing from fully relishing its 
double victory over Chinese hu- 
man rights ana America’s claims 
to international moral leader- 
ship. Beijing has notyetstamped 
out one human rights struggle — 
the passion for freedom of wor- 
ship, As it tries, America's gov- 
ernment may remain aloof. 
America's people may not. 

The New York Times. 

decades, but when they say they 
wantabreak, wegiveitto them, 
looking foe other way when 
they machine-gun refugees 
from Grozny or sell weapons of 
' mass destruction, even as we 
lambaste the Chinese for sim- 
ilar or lesser offenses. 

We are outraged by human 
rights abuses in Asia, but we 
ignore similar violations in Lat- 
in America or foe Middle East 

The second half of foe 20th 
century can be seen to mark a 
shift in U.S. foreign policy to- 
ward a fundamental, ongoing 
confrontation with the rising 
powers of Asia. 

Escalation of tension between 
the United States and China is an 
ominous sign. The manufac- 
tured Itysteria over China in foe 
campaign finance hearings is 
another. Coming conflicts over 
growing trade imbalances will 
be another. Residual tension 
over issues tike human rights 
and zxxiproliferatiQn will ex- 
acerbate the problem. 

Soon enough, when China’s 
neuralgic relationship with 
Taiwan reaches crisis point, or 
some other flash point flares, it 
will be easy to imagine foe ex- 
hortations to get involved But 
one lesson of this era of conflict 
with Asia is that foe costs of 
involvement are high and only a 
total commitment to win at any 
cost can succeed 

It behooves us to ask whether 
our historical tilt against Asia is 
in our interest, or whether we 
should work to eliminate the 
sources of such conflict, instead 
recog nizin g the positive impli- 
cations of the fact that America, 
too, is a Pacific nation. 

Despite success in Bosnia, 
even these reasons were con- 
sidered Insuffi cient. Enlarge- 1 
ment seemed the answer. Not 
only would it be seen as com- ■ 
pensation for previous in- 
justices — foe abandonment of 
Czechoslovakia and then Po- 
land to Hitler, and later, togeth- 
er with most of central Ei 
to S talin, It would also be 
quick road to foe spread of de- 
mocracy and stability into 
Europe's East. 

For some advocates, enlarge- 
ment was foe way to contain a 
permanently unstable and po- .© 
tentially dangerous Russia. 

But these arguments lacked 
conviction. Although foe prin- > 
ciple was accepted in foe end, 
marked conceptual differences' 
to appear. 

; have now spread to foe 
numbers and identities of foe 
candidates, as well as to foe 
timetable for future phases. 
More tellingly, the argument 
about costs, and where foe nec- 
essary funding is to be found, is 
only beginning. 

But foe problems are not only 
in enlargement Lack of agree- • 
ment on foe command structure-, 
prevented promiseddecisionat 
the. summit. The American- 
French quarrel about the nation- . 
ality of foe commander of the 
Southern Region is only one ele- 
ment Other European members 
now demand installations on 
their soil for reasons of national 
rather than alliance interest 

Thus, Spain ’s bid for a com- 
mand incorporating foe Iberian 
Peninsula and its dependent is- . 
lands has angered Portugal, and* 
drawn a threat of a British veto.- * 
Greece and Turkey are at odds' 
over proposed headquarters in 
the Aegean. 

However, it is the heavy hand 
of foe United Stales that is most 
strongly felt Washington ap- 
pears to act as if NATO were its 
exclusive preserve. Senior- 
American officials on visits to 
potential candidate countries' 
make promises on behalf of the 
alliance that are then translated” 
into Ann commitments. Teams 
of senators touring Europe give-" 
the impression of considering it ; 
a deprived area requesting 1 
American support 

Clearly, NATO had to be re-' ' 
newed. But if in the process its' 
main purpose as the guarantor 
of European security is not to be 
lost its leaders should now de- 1 
vise means to preserve it 

A clear definition of its new 
functions could crystallize them 
in concrete form into an order of 
achievable priorities. National 1 
administrations could adopt 
procedures that put alliance co- 
hesion at the head of the list. 

The writer, an international 
consultant, contributed this to 
the Los Angeles Times. 

■ The writer, a veteran com-’ 
mentator on NATO affairs, con - 1 
tri bated this article to the In- 
ternational Herald Tribune. 

1897: English Import 

LONDON — The Times, in a 
leader on India, says: “It was a 
just criticism on our rule in In- 
dia in foe early days that we 
invented too much of foe legal 
system of England, that we tried 
to find analogies for the insti- 
tutions and principles peculiar 
to England, and that we strained 
both foe Hindu and the Mo- 
hammedan law in order to make 
them agree with the views pre- 
valent in Westminster Han 
That fault we have long ago 
corrected. The effort of our 
courts has been for many years 
to give full effect to foe native 
customary law and to guard 
against the importation of 
purely English elements. 

schky’s plea for separation from 
his wife wasgranted by foe Pots- 
dam court. The former army of- 
ficer complained that, after foe 
post-war revolution in Ger- 
tnany, his wife became a pro- 
nounced Republican and that her 
y^ews became so offensive to 
him that he found it impossible 
to live with her any longer. 

1947s French Asyl lim 

PARIS — Fiance decided to 
open her doors to the 4,500 il- 
tegal Jewish immigrants whom 
British authorities are transport- 
ing back from Palestine. A !tew- 
tsn Agency spokesman sugges- 
teo that these immigrants may 
? s > t_d own strike aboard 
S^nthey arrive - Fnm?°is 

1922: Political Divorce 

BERLIN — Political differ- do Jews W 

cnees were held to be a valid will feSf,!! 61 **“7, c P oosc - We 
cause for divorce in foe Prussian and, if they wish 

courts, when Colonel Tschir- fpr France will of- 

ier mem her hospitality.” 



for recoa t , i r ,en m ]£S* 

a S Partition *£*<*■. 8uN 
gating federal 2” N easjA 

^»v eu "‘C;% 


At 50, the CIA Could Use 
Some Serious Oversight 

By Jim Hoagland 


n agreement i Q i;? cf,ed - * 

umcoir- or - ,h7 , e,n 0Si 

” S S*My 

m . N djvui Dn mi [>■ 

*““«d before * 

>nce their border' - ^ 0Va hJ? 

to in 

■ d get on wnh r 

3lc KKeracuon and a ^ l, °^ 

ke *««r. ^ Srr.;.. r ... 

tej. Liouniwvii -»„' * Hr*, 

a Big Trouk 




even the.' 


sidered . 


mem »ee 




justice: — 


C? echos!' 


land : o H 


er u »!r. r 


to Slj'iir. 


quit* rou 


Europe >. 

t Li? 

Fi-: -.or 

men! v» 2- 



l _> r *» . ‘ > 
i ■ i tit*. i • 







liT'-.c.s r •- 


C'- -ar;» : - ' 



iCvrt . 

— : . • 


crcvc- ■ 

si i?r 

> .• 


MU ft*: 

FfKlw 1 ■-•■-*;" 


rrr:.J .' : r-.-'r.:" 


. - • • •••;.. 

. .il. — * ' 

;W its 50th birthday, the Cen- 
tral Intelligence Agency needs 
tiold, creative leadership to over- 
come its current ailments. Instead, 
the new director, George J. Tenet, 
darts his tenure by attempting an 
old bureaucratic dodge: shooting 
the messenger who bangs unwej- 
. tjome news. 

[ The messenger in Mr. Tenet’s 
sights is Warren Marik, a former 
CIA officer who disclosed his role 
in the agency’s failed effort to 
overthrow Iraq’s Saddam Hussein 
ip separate interviews with The 
Washington Post and ABC Tele- 
vision last month. 

; Mr. Marik’s story of the covert 
debacle, which cost at least 5110 
million, should have triggered in- 
vestigations by the agency, the 
White House and Congress of this 
particular operation and the future 
of coven action. Along with the 
6ay of Pigs in 1961, Iraq stands as 
the agency’s most expensive and 
embarrassing flop since it was 
founded in 1947. 

Instead, Mr. Tenet has asked 
the Justice Department to deter- 
1 mine if Mr. Marik violated his 
confidentiality agreement with 
the spy agency by disclosing clas- 
sified information. 

Imagine Mr. Tenet as the owner 
of the Titanic who greets news of 
the luxury liner’s sinking by or- 
dering an investigation of the ra- 
dio operator who sent out distress 
signals, and you get the picture. 

In Washington’s labyrinth of 
bureaucracy and secrecy, a policy 
failure operates like a shaky bank 
loan: If big enough, it intimidates 
everybody connected with it into 
silence and inaction. 

Only foot soldiers like Mr. 
Marik risk being sacrificed, and 
only if they pipe up. 

"* Those who draw up the grand 
schemes and give orders seem to 
fall effortlessly upward or side- 
ways. John Deutch, the CIA di- 
rector who oversaw the Iraq de- 
bacle, is now comfortably back at 
MTT and defending die flawed 
strategy he chose. His deputy was 
Mr. Tenet, confirmed by £be .Sen- 
ate earlier this month as Mr. 
Deutch’s successor. 

The current London station 
chief, who played a key super- 
visory role in the Iraq failure, 
reached that exalted position after 
involvement in the Iran-contra 
scandal and after foiling id spot 
AJdridrAxnes as aSoviet spy when 
he was IVte.'Aines's boss in Rome. 

Instead of tackling institutional 
accountability, Mr. Tenet pursues 
Mr. Marik, a 52-year-old covert 


A Night in the Shark-Infested Seas Off Sumatra 

operator who retired six months 
ago and who spoke out in June 
hoping to get the agency to shift 
its strategy in Iraq. Mr. Marik told 
me Mr. Saddam can be under- 
mined if the agency re-engages in 
a long-term propaganda and polit- 
ical effort, rather than betting 
everything on a quick silver-bullet 
coup scenario. 

The new CIA director has asked 

the Justice Department to consider 
charges against Mr. Marik even 
though prosecutions are rarely 
brought in cases where other 
agents’ identities, sources and 
methods have not been comprom- 
ised by the ex-agent This referral 
seems to be aimed at intimidating 
other potential whistle-blowers. 

Such an approach smacks of a 
cynicism that eats at the soul of an 
agency that must above all else 
believe in itself and its mission. 
Bureaucratic dodges and games- 
manship have corroded the core 
values of America’s only true 
secret service as fundamentally as 
the loss of the Soviet enemy has 
clouded ics vision of its future. 

It is time for Congress and the 
White House to investigate this 
idea: Shaiply pare down the $3 
billion-a-year agency and concen- 
trate its efforts on analysis and on 
no more than two or three vital 
covert operations, including Iraq. 
Listen to veteran and indepen- 
dent-minded agents dike Mr. 
Marik instead of hounding them. 

Bnt Congress is as mute as the 
White House and the agency lead- 
ership when it comes to asking 
sharp questions about the Iraq op- 
eration. There is a reason: The de- 
bacle in Iraq shows foe co ntinuing 
decline of congressional oversight 
as a check on mismanagement and 
misbehavior at foe CIA. 

There is icing for this cake of 
investigating foe wrong people on 
the wrong charges. It will come in 
the Senate hearing into Bill Clin- 
ton's campaign finance problems. 
Republican senators want to know 
more about foe telephone call 
someone at foe Democratic Na- 
tional Committee made to a CIA 
officer that helped foe Middle 
East financier Roger Tamraz gain 
access to the White House. 

The call went to “Bob,” the 
agent in charge of foe failed mil- 
itary campaign in northern Iraq, 
agency sources tell me. Having 
sailed through a perfunctory lie 
detector test on his role in Iraq and 
been put back to work, Bob’s ca- 
•reer'is al risk today not for his • 
work on coup plots but his role in 
dialing for campaign dollars. 

Tke Washington Post. 

In January 1996, the state-owned In- 
donesian ferry KMP Curita sank in foul 
weather off northern Sumatra. For days, 
news reports focused on rescue operations 
and a shifting death toll. As in similar 
tragedies, the human story was not always 
tola. Here is one story of survival. 

P RINCETON, New Jersey — Now 
sometimes it seems as if it was only a 
terrible dream. But last year, when Mar- 
garet M. Grotty came up for air in the 
shark-infested waters off Sumatra, sur- 
rounded in the darkness by hundreds of 


shouting, praying people, dead bodies and 
debris, it was no dream. 

Only a few minutes earlier, the 23-year- 
old American had been among more 
than 40 0 holiday travelers on a grossly 
overloaded night feny. She was on 
her way to a weekend of diving and re- 
laxing on a nearby island from her work 
in a rural village for Save the Children 

As foe boat began to tilt and people 
around her panicked, Ms. Crotty found 
life jackets in a locker and began tossing 
them to the crowd. There were fewer than 
30 life jackets, however, and it didn't 
occur to Ms. Crotty to keep one for herself. 
When foe boat suddenly jolted onto its 

By Kathryn Watterson and Sandy Solomon 

side, Ms. Crotty was thrown into the 25- 
foot locker on the ferry’s now- vertical 
deck. She remembers being under water, 
confined in a narrow, pitch-black space. 

“I thought, ‘So this is what it’s like to 
die,’ ” she says. “ ‘This is it What a 
shame.’ ” 

She has no memory of how she fought 
her way out 

With her ankles bleeding and her left 
leg virtually incapacitated by a deep 
gouge, Ms. Crotty, a trained lifeguard, 
began to try to help people around ter to a 
nearby life raft 

“Most Indonesians can’t swim,” she 
said, “especially women.” The women 
wore tentlike garments that quickly be- 
came waterlogged and pulled them undo:. 
Ms. Crotty pleaded with two of them to 
remove their clothes, but they refused. A 
few men were just as stubborn. They 
turned down her help — mainly, she be- 
lieves, because she was a woman. 

After several hours, the water was 
littered with bodies — hundreds had 
drowned — and there was no one left to 
help. Ms. Crotty decided to set off for a 
distant light. She worried that sharks 
might be attracted to the blood from her 
wounds but decided to concentrate instead 
on surviving foe increasingly rough seas. 
She used her shin as a bandage for her 

leg and the drawstring of her pants as a 
tourniquet. She knotted the bottom of 
her pant leg and blew it into a bubble of 
air to help her float while she kicked with 
her good leg. 

“A lot of the time, I went around in 
circles,” she says. “I bumped into bodies 
and everything from foe boat — doors, 
bags, lots of shoes.” 

After hours of swimming, talking to 
herself, hallucinating and dreaming of 
sandwiches, it was morning and Ms. 
Crotty saw another passenger, a man 
named Jauhari, floating on an orange life 

“It was foe biggest relief to see another 
person still alive,” she says, “and he had 
candy. He offered me a lollipop. We said, 
‘When we land we’ll have a party.’ ” 

Then they were separated; Jauhari dis- 
appeared in foe heavy swells. 

Eventually, Ms. Crotty began to see 
islands, but again and again, when she 
tried to approach one, she was swept out io 
sea on strong currents. Finally she suc- 
ceeded in gening dose to an island by 
swimming under water. As waves 
smashed her against a rocky cliff, she 
spotted a crevice and managed, when the 
next swell carried her in, ro wedge herself 
inside iu 

Tben. exhausted after 16 hours of 

swimming, Ms. Crotty dragged herself 
up the cliff with the waves sweeping over 

her. Anemic, dehydrated and with hands 
raw from Che salt water, she managed not 
to collapse until she had found a safe 
perch, where she passed out under foe 
midday sun. 

About 3 P.M., a rescue party spotted 
her. She was' on foe last island before foe 

r t sea — 31 miles from the spot where 
ferry had gone down. Of foe 438 
people on the ferry, only 47 survived, 
including Jauhari, Ms. Crotty and only 
two other women. Many of those who 
lived apparently did so because of the life 
jackets Ms. Crotty had distributed and foe 
help she had given them immediately after 
the accident 

Ms- Crotty finished out the last six 
months of her two-year commitment in 
Indonesia, a job organized by Princeton 
University, where she had graduated in 
1994. She returned to foe United States, 
where she now works as an assistant prin- 
cipal at St Mark’s School in Harlem. 

With no hint of irony, Ms. Crotty says: 
“I want to do what 1 can to make it easier 
for our kids. Their resilience in the face of 
difficult conditions is extraordinary.” 

This was adapted from an article in the 
current Princeton University alumni 
newsletter, "Princeton: With One Ac- 


Taiwan and China 

Regarding “ The West Should Face It: 
Taiwan Is Part of China” (Opinion, July 
10) by Gregory Clark: 

Mr. Clark’s article does not correspond 
to reality. 

First it suggests that Taiwan seeks in- 
dependence and thus is endangering re- 
lations between China and the Wesr and the 
stability of the Asia-Pacific region. 

Mr. Clark seems to ignore foe fact that 
Taiwan has always stated, clearly and 
openly, that it is part of China and that it 
seeks peaceful reunification. Certainly 
there are differences over foe conception of 
‘ ’one China,” but Taipei has never stopped 
trying to encourage negotiations to resolve 

Second, Mr. Clark says that the West, 
having recognized Beijing, implicitly ac- 
cepts China’s eventual right to reunifica- 
tion by force. 

Why would France have sold defensive 
arms to Taiwan if it accepted, as a fact, 
Beijing’s right to military intervention? 
Why would foe United States have sent two 
aircraft carriers to foe Taiwan Strait in 
March 1996 daring missile tests by 

- Ontfais last point.- the answer is simple: 
The United States — like foe rest- of the 
West — recognizes that Taiwan is part of 
China; it hopes for reunification but only 

if this is achieved by peaceful means. 

Moreover, it should be mentioned that 
last year's American intervention in the 
Taiwan Strait was in keeping with the 1979 
Taiwan Relations Act, the existence of 
which Mr. Dark seems unaware. 


Brest, France. 

If ethnicity dictates a nation, as Mr. 
Clark argues of ethnic Chinese on Taiwan, 
then my Canada and his Australia are still 
the property of foe United Kingdom — as 
we are both of basic UJC. stock. 

The same type of oppression and poverty 
that spurred waves of Chinese to sail to 
Taiwan also prompted foe settlement of 
much of our Commonwealth. The differ- 
ence is foal most in Taiwan are still looking 
to that day when China, like Britain, grows 
up to accept her offspring as free family 

Mr. Clark’s few lines are frightening 
when we ponder their possible con- 
sequence, for his Chamberlain-style com- 
plaisance toward China would trade 
Taiwan for a few more Boeing sales. 

History shows that China — in Korea, 
Vietnam and the Taiwan Strait — backs 
down only when forced to do-so. China must 
be sent foe dear message that thepeople of - 
Taiwan will decide their own destiny. 



ETA Terrorists 

It is shameful that you refer to the ETA as 
a “separatist movement” Please! It is a 
terrorist group that kidnaps and murders 
innocent people in cold blood. The murder 
last week of Miguel Angel Blanco Garrido 
was just the most recent in a series of 
barbaric attacks. 

Spain has been a democracy for 22 years. 
The majority of the Basque people con- 
demn the ETTA's tactics and goals. The 
ETA represents only a few fanatics un- 
willing to accept the decision of foe ma- 
jority to use peaceful and democratic 
means to decide their future. 



\|NUlUU.,GiE£,\tfUl WilVt UNJ UN UM£Mft0ff4&<r 
^fcU..A»>©AW>kKD 1 ttt«,UW lNtHJOW.'TJTao 
mj* i -ro uuupset iraem wropsr 

flfcwrtft/HfiwnftN fiuafcflR iN& goin& mong 

9> GaSM THRU Htt-NiCHY? j frw 




ffoUIUK.. _ 


By Alan Trascott 


>1? ®N Andersen's favorite 
f XV story concerned foe 
diagramed deal played in a 
regional team championship. 

Andersen recognized a po- 
tential opponent and said, 
“That man is foe Wallbanger, 
and I do not care to play 
against him because any dis- 
aster causes him to go to the 
nearest wall and hit his head 
until blood flows.” 

“It won’t happen this 
time,” asserted a teammate, 
and his offer to bet on foe 
matter was accepted. On the 
first (teal, Andersen bid to six 
hearts, which appears to be in 
jeopardy, with three finesses 
due to lose. He received the 
lead offoe spade jack from foe 
Wallbanger on his left, and 
won with the king. He crossed 
to foe diamond king and led 
the heart nine for a finesse. 

West won with the king. But 
when he returned foe spade 
ten, instead of winning with 
the ace, Andersen ruffed. 

West was now convinced 
that his partner had ruined the 
defense by failing to play the 
spade ace on the first trick. 
There was no wall available, 
so he hit his bead violently 
against the comer of foe table. 
Andersen came to his rescue. 

He took lode his trump and 

produced foe spade ace. 

While the Wallbanger real- 
ized he had been banging for 
no reason at all, Andersen 
proceeded to make his slam. 
He led foe heart jack to the 
queen in dummy and cashed 
the diamond ace. When the 
qneen did aot fail, he threw a 
diamond on the spade queen 
and ruffed a diamond- This 
established dummy’s last dia- 
mond, and there was no need 
for a club finesse. 

A neutral panel ruled that 
tablebanging was equivalent 
to wall banging, so Andersen 
collected on his bet West has 
given up both activities. 

• Q43 

O Q9 7B 
0 A K75 

* J 109 8 
<7 862 
+ KJ54 

*.7 652 

O Q43 

* A K 

O A J 108 5 2 
0 J 109 

Both sides WBre vulnerable. The bid- 





2 O 






4 0 






West led Use spade jack. 


By David Ignatius. 333 pages. $23 . 
Random House. 

Reviewed by Joseph Rtchett 

T HIS superior thriller is the best 
serious fictional plunge into 
economic espionage — foe Dew 
great game now that foe Cold War is 

The international plot sounds de- 
ceptively simple. A great American 
newspaper is sucked into a plot by 
the CIA, which is trying to stop 
French corporate sharks from 
s elling biological weapons to China 
as a bribe to win a telecommuni- 
cations megacontract 
If that sounds f amiliar , it should. 
“A Firing Offense” deliberately 
aims at delivering foe low down 
about the secret economic dirty 
tricks that fijt in and out of foe 
headlines, often as a spat about in- 
dustrial espionage between foe 
United States and France. 

David Ignatius brings special au- 
thority to his project- IDs first three 
books established him as the most 
authoritative author about the CIA 
in contemporary fiction, with an un- 
canny ear for the latest in spies’ talk 
and tradecrafL This time he breaks 
some fresh ground in conveying the 
competitive pressures of a big-time 

Ignanas pictures a vivid rogues* 
gallery, stars of media, business and , 
espionage that are light-years from 
foe dreary victims of so many 

thrillers. With the verve and edge of 
a Vanity Fair profile, foe book glints 
with smart insider's takes on these 
elites of journalism, business and 

Ignatius mauls newspapers and 
spying for their pretensions, but 
with foe somber irony of a jaded 
believer. He can still come to a stir- 
ring defense of journalists, but only 
in foe ambiguous terms of one who 
foe reader already knows has ab- 
jectly betrayed his calling. Journa- 
lism, the hack says, “is a murder- 
and-ereale business, and the mur- 
derous ones are also the creative 

Sounds almost too good to be 
fiction, and Ignatius constantly un- 
derscores that he knows what he is 
writing about. His journalist works 
for a charismatic editor undis- 
guised! y modeled on Ben Bradlee, 
legendary overlord of The Wash- 
ington Post, where Ignatius is a 
senior editor. The name-dropping 
is deliberately intended — like the 
publisher’s blurb — to buttress foe 
novel’s thesis that global compe- 
tition has drawn the Western de- 
mocracies into' undeclared but 
dirty, no-holds-barred, economic 

In many respects, the story is on 
foe money, as Bradlee famously 
used to say. Refreshingly, Ignatius 
treats foe CIA, battered and be- 
wildered as it is, as an institution that 
can still achieve its mission. Despite 
all foe weU-infonned scorn heaped 
on it by Ignatius’s knowing char- 

acters, the agency, as depicted io foe 
book, emerges alone of foe con- 
tending forces in achieving its ends 
at an acceptable price. 

Ignatius's account of the agency 
brings out a distinction often over- 
looked in debates about industrial 
espionage. In “A Firing Offense,” 
the -CIA undertakes an economic 
intelligence operation only because 
a security threat is involved. The 
important point is that the CIA — at 
least as far as outsiders can deter- 
mine — does not steal technological 
secrets for U.S. companies from 
their foreign competitors. In con- 
trast, that seems to be a central mis- 
sion for Russian, Israeli and other 
intelligence services — notably foe 

But it is stretching the point to 
portray France as the major villain 
in international business. Ignatius 
emphatically does so, clearly con- 
vinced that foe country has become 
France Inc., run by a covert alliance 
between major corporations and 
government agencies above the law 
to wage economic war — foe new 
evil empire. 

T HE reader is told, in author- 
itative- sounding detail, that 
France's traditionally strong central 
government helped rebuild foe 
economy after World War n, but 
then mutated. 1 ‘The system has been 
privatized. The state-owned defense 
companies and the oil companies 
and the banks that handled foe pay- 
offs are gradually being spun off 

into the private sector. ... A new 
generation of business leaders is 
emerging who are half-entrepre- 
neurs, half-gangsters. They’re the 
new face of something my conspir- 
acy-minded colleagues like to call 
the Secret Power.” Such a masonic- 
style cabal, of course, would make a 
mockery of foe rules that U.S. cor- 
porations play by. 

But even people who enjoy skew- 
ering the French may want a soup- 
con of salt with this recipe. True, 
French leaders recklessly Sold 
Baghdad a nuclear reactor in the 
1970s. At foe time, however, few 
Western governments imagined that 
Iraqi engineers could actually turn a 
test facility into weapons. (Fortu- 
nately, Israel took no chances and 
preemptively bombed the facility; 
otherwise, Western forces might 
have faced a nuclear threat in foe 
Gulf War.) The big picture is quite 
different; France was as staunch as 
the United States in denying dan- 
gerous technology to major ad- 
versaries, notably foe Soviet Union 
(or China). 

The French-bashing would make 
better reading if Ignatius didn’t 
seem to get it wrong, even in minor 
ways. In an early scene, terrorists 
seize Taillevent, the world-famous 
restaurant, and threaten to kill their 
three-star hostages. Ignaties depicts 
Parisians emptying out of the capital 
as if they could bear approaching 
German artillery. 

Li fact, Parisians have consistent- 
ly shrugged off urban terrorism, re- 

fusing to be driven off foe streets 
even by murderous bombing cam- 
paigns. Moreover, if Taillevent 
were actually seized, Parisians 
would probably be craning for a 
glimpse of the rich or famous get- 
ting foeir desserts — just like a 
previous generation of Parisians 
jockeyed for ringside seats at the 

With this caveat, “A Firing Of- 
fense” deserves foe recognition it 
is getting as a brilliant rendering of 
a moment, perhaps only a tremor, 
when America’s journalists, like its 
spies, question their own gosto, 
cockiness and perhaps idealism — 
foe stuff that initially fired their 

play with foe familiar canard that 
spies and reporters are in foe same 
business, with foe difference that 
reporters cling to adolescent ideal- 
ism while spies grow up and assume 
responsibilities. Such s man-sound- 
ing nonsense makes good dialogue 
as Ignatius gradually brings out a 
profound difference — between- 
spies living to keep secrets and re- , 
porters living to tell secrets. 

It could be a simple parable of 
murderers and creators, but Ignatius 
clearly sees the irony that truth- 
telling can prove as perilous as ly- ■ 
mg. He shares the power of Graham . 
Greene — and his conviction that - 
innocence is foe ultimate offense. - 

International Herald Tribune 

• ^ 'I,''’ 

PAGE 10 



An Elephant ‘Pill’? 

A Daring Experiment 

By Suzanne Daley 

Nfw Yart rones Service 

K ruger national 

PARK, South Africa — As 
the helicopter hovers over- 
head, the elephant herd scat- 
ters through die dry winter brush. But 
within minutes the cow with a dusty 
orange radio collar is spotted and a 10- 
inch {25 -centimeter) dart is fired into 
her left flank. She keeps running for a 
while but soon slows and then continues 
her munching, seemingly oblivions. 

She has just received a booster shot 
She is on birth control. Or so the sci- 
entists hope. 

If all goes according to plan, she will 
not get pregnant for at least a year. 

Birth control for wild animals re- 
mains more theory than practice. But 
here at Kruger, one of the world's 
largest game reserves, an experiment is 
under away to see if the park ’s elephant 
population can be kept under control 
with Contraception- 
While elephant populations may be in 
danger elsewhere on the continent, they 
are not in southern Africa. For almost 
three decades, Kruger, a park as big as 
Israel along South Africa's northeast 

Lations suggest that to keep the held 
from growing, more than 2,000 cows 
would have to be on birth control at any 
one time. The cost and logistics of such 
a program would be prohibitive. 

But even testing contraception has 
triggered a heated debate between an- 
imal-rights groups, which favor birth 
control, considering it more humane than 
IriHingj and many conservationists, who 
take a different view: Tourists pay tens of 
thousands of dollars to hunt elephants, 
then him over the meat to villagers. The 
skin of an elephant can also be used and 
sold. So why use contraception? 

“You are taking away a resource,” 
says Victoria Hylton, of African Re- 
sources Trust, which lobbies for the 
rights of African people to make use of 
wildlife as Long as it does not endanger ■ 
the species. “People on the edge of that 
park are struggling. The elephant is a 
product that can help them survive." 

Animal rights activists are heavily 
involved in Kruger’s research. The vac- 
cine experiment is being financed by the 
Humane Society of the United States, 

for the^seaxcfarul to buy extra tend 
where culling will never take place. 


•• r.AsS-. 

,5 Ml 



ir w&mm 

But test year the park suspended the 
culling and began testing two forms of 
contraception on 3 1 elephants. The fust 
method, an implant that slowly releases 
hormones into the blood stream, works 
much the same as die contraceptive pills 
used by women. The second is based on 
creating an immunological response: A 
vaccine made from the ovum of a pig 
produces antigens that prevent elephant 
eggs from recognizing elephant sperm. 

Already there have been probLems. 
The hormone experiment has been sus- 
pended indefinitely after rangers at the 
park noticed that the cows with implants 
were giving off signs dial they were in 
hear, had become separated from their 
herds and were constantly harassed for 
sex by randy bulls. 

Even more disturbing, two of them 
had lost their calves. No one knows 
what happened, but theories abound. 
The calves might have fallen prey to 
lions because die mothers ’ attention was 
taken up by tire bulls' persistence. The 
mothers' milk may have dried up or the 
males might have done the youngsters 
harm because they were in the way. 

“This was unacceptable to us,’ ’ said 
Dr. Douw Grobler, Kruger’s chief 
veterinarian. "We had many concerns 
about what was going on.” 

The park is a long way from wide use 
of contraception, in fact, some calcu- 

ESEARCH into methods of 
contraception for animats is 
limited. The approaches be- 
ing studied vary from differ- 
ent types of vaccines, to hormone im- 
plants. to mom mg -after pills. In 
Australia, where there have been pop- 
ulation explosions of rabbits, red foxes 
and feral cats, the government is fi- 
nancing research that uses viruses to 

• 4. . ■.£*■ 

VMM#'' ' 

Uoj*J DDCmws/The Now Yu* Tkoei 

Dr. May Berenbaum, one of America’s leading entomologists, studies how insects thwart the toxins of plants. 

spread the vaccine. Bnt so far, nothing 
like that is ready for testing in the field 

A Scientist Smitten by the Bug 

The Kruger vaccine has already been 
successfully used on wild hones on As- 
sateague Island off Maryland and on 
white tailed deer on Long Island, New 
York, without h armfu l effects, said Jay 
Kirkpatrick, the director of science and 
biology at Zoo Montana in Billings, wbo 
managed the Assateague and Long Is- 
land projects and is on the Kruger team. 

So far, Kruger officials say, there are 
no problems with the vaccine — if it is 
working. They will not know until Oc- 
tober, when they perform sonograms to 
see if any of the cows are pregnant. 
Elephants gestate for 22 months. 

But Ian Whyte, the park’s resident 
expert on elephants, notes that mating 
among elephants is “a dramatic pro- 
cedure,” with the males chasing the 
females from the herd. Usually the mat- 
ing results in conception. If, however, 
the cow does not conceive, she will go 
through her cycle again 15 weeks later. 
This could greatly disrupt the herds. 

By Carol Kaesuk Yoon 

New York Times Service 

C HAMPAIGN, Illinois — En- 
rolling in a college class on 
insects, Dr. May Berenbaum 
was carrying out what seemed 
like a simple plan: Know die enemy. 

Lite many people, she detested bags 
of all sorts, reeling at the sight of every 

On a sunny day test month not far 
from her office at the University of 
Illino is at Urbana-Champaigo, Dr. Ber- 
enbaum was in jeans, a sweatshirt and 
sneakers, zipping around a field of wild 
parsnips and poison hemlock, her long 
brown hair flowing. 

Projecting an enthusiasm as intense 
as if she had discovered the joys of 
insects that morning, she pointed out the 

radio and she appears on television. 

But the piece de resistance in her 
□ever-ending mission is the Insect Fear 

Film Festival- In this yearly extravag- 
anza. which she created here on campus. 

she enlists the help of giant ants and 
swarms of killer bees as die stars of 
wonderfully bad science fiction films 

buzzing, squirming, flitting six-legged plants and die insects eating them, 
beast that crossed her path. “I figured telling tales of the age-old chemical 
I'd know which ones to be afraid of," warfare between diem. 

Dr. Berenbaum said. 

But rather than developing a master 
list of her nemeses, Dr. Berenbaum 
began to admire what she had reviled, 
converted by a series of personal insect 
epiphanies as she netted butterflies and 
scooped up water bugs. Her fear tinned 
into such an intense fascination that 
now, a quarter-century later. Dr. Ber- 
enbaum finds herself immersed in foe 
world of insects as one of the United 
States’s leading entomologists: 



Subscribe and SAVE up to 53% 
off the cover price. 

Also available: PAY MONTHLY 
by easy, low cost, 
direct debit 


A cosmopolitan, comprehensive and concise newspaper delivered every day to your home or office. 

In Central London and parts of South East England, the International Herald Tribune offers early morning 
hand deTivery on the day of publication, Monday through Saturday*. 

The result ? 

Unique coverage of the world you live in i, brought to you as it changes - daily. 

*Monday through Friday outside Central London. Pasta! subscriptions are available throughout the UK on the day after publication. 

“It's extraordinary." she said, in her 
glory in what to others might seem no 
more than a weedy, mosquito-infested 

Dr. Berenbaum. 44, is the head of the 
university’s department of entomology 
and a member of the National Academy 
of Science. Educated at Yale and Cor- 
nell Universities, she is well known for 
revealing the power of the chemical 
weaponry, used by plants to protect 
themselves from insects and thejnyent- 
iveness of insects in thwarting this toxic 

The importance of this relationship is 
difficult to overstate, researchers say, 
because plants and insects make up 
about three-quarters of life on Earth. 
Work that divulges the rules governing 
the evolution of these ancient enemies 
covers the dynamics of much of the 
planet’s biodiversity. 

But Dr. Berenbaum, as zealous about 
insects as only a convert can be, is not 
satisfied to thrill to the importance and 
beauty of insects. She wants everyone 
else to thrill to them, too. 

Arguably the most relentlessly cre- 
ative insect advocate in the world, she 
tries to find new ways to spread her 
message: "Six legs good." 

(This enthusiasm is not an artificial 
display for the public. This is a woman 
who chose to spend her honeymoon at 
the International Congress of Entomo- 
logy, which left her with fond memories 
of her first purchase of Chinese insect 
medicinals: the castoff skins of cica- 

She writes entertaining books about 
insects, including “Ninety-Nine Gnats, 
Nits, and Nibblers” and "Ninety-Nine 
More Maggots, Mites, and Munchers" 
(both University of Illinois Press). She 
gives countless talks, she is heard on the 

lessly) with talks on insect biology. This 
year’s festival was an all-ants affair. 

“You can get a thousand people for a 
bad insect film, bat you can’t get anyone 
to come for a talk, on insect 
physiology,” she said. That, however, 
is just what her audiences get, along 
with their snacks — stir-fried moth 
pupae and tequila-flavored lollipops 
complete with worms. “I talk about 
why what they’re seeing can’t possibly 
happen,” she said. - 

D R. Berenbaum well knows 
that attempts to popularize 
science^ are _ often. viewed as 
. frivolous by reseeuchers/who 
consider, themselves more 7 serious-- 

“It's considered declasse,” said Dr. 
Berenbaum, who calls herself “kind of 
promiscuous when it comes to speaking 
to groups.” 

Yet she continues to reach out with 
lectures like “What’s Earing You?'.' — 
on medical entomology — and her lec- 
ture for the more spiritually inclined, 
"Bugs in the Bible.” She carries it all 
off with impunity because her science is 
so good. 

“She’s been very much a guiding 
light,'* said Dr. John Thompson, an 
evolutionary ecologist at Washington 
State University, echoing others. “She 
is one of the leaders in showing how (he 
chemistry of plants has been crucial in 
the evolution of interactions between 
insects and plants. May has shown how 

important chemistry can be.” 
*Tm intent on seeing ho 

I’m intent on seeing how plants 
defend against insects because they’ve 
been doing it for millions of years,’ ’ Dr. 
Berenbaum said. Unlike humans, 
whose chemical defenses against insect 
pests become ever more powerless in 
die face of growing insect resistance. 

"plants specialize in long-term durable 
defenses," she said. "We want to use 

strategies that plants use." 



Warning lssu®<* 

On Rise of Diabetes 

HELSINKI (Rente*?)— : Dtebctes, 
already the fourth niamcause of death, 

global “epidemic, esgerts repqned ar 

Si injections were developed in : 
1922 and the best hope is to change the 

worldwide. By 2025 

worldwide. oy •• ~ — , — • 

O rganizat ion predicts, tbai numberwilL 
reach300 million. Therate is expected to. 
rise by 45 percent in developed countries; 
and" to triple in developing . 

“I t hink we can truly say that the 
epidemic is here and now/’ Paul Zimr 
met, the chief executive officer of the. 
Internationa] Diabetes Institute, said ata. 
news conference at the 16th Interna-; 
tional Diabetes Congress. . • 

“Unless we do something dramatic, i, 
expect diabetes to be one of the major; 
Jailers in the world in the year 2010, . 
said Jak Jervell, the president of the; 
International Diabetes Federation. • 
Mr. Zimmet said up to half of all. 
people with diabetes did not even know; 
they had it. Symptoms are vague — * 
tiredness, thirst and a need to urinate, 

- »Ua Vww'ti! triac: 

uiuaucbh, uniat aiiu u. — 7 ' , 

frequently are common as the body tries 1 £ 
to flush away excess blood sugar that. 

LU lx awaj o — 

builds up as the pancreas fails to pro-; 
diice insulin. 

Restaurants Asked 
To Reduce Salt Levels 

LONDON (Reuters) — Researchers - , 
at a conference on hypertension in 
blacks called on restaurants and food 
companies to rednee the amount of salt 

they put in food. 

“Lower salt intake by the population* 
as a whole will help physicians control, 
blood pressures among hypertensives 
identified with blood pressure sensitive 
to salt intake,” said Dr. Albert A. Carr,. 

president of the Circulatory Disease 
Center in Georgia. 

Center in Georgia. 

Nearly one in four people with high: 
blood pressnre, or hypertension, are 
sensitive to salt and have increased 
blood pressure levels as a result of salt 

Researchers attending the 12th In-, 
tenrational Interdisciplinaiy Confer-' 
ence on Hypertension in Blacks said the 
general population would benefit from a 
reduction of salt in canned foods, pre- 
pared mixes ‘and meals served at fast 
food restaurants. 

Earlier in the conference. Dr. Elijah 
Saunders kid colleagues at the Uni- 
versity of Maryland School of Medicine 
said blacks who are overweight and eat 
a fol of salt may be lessening the^ effect, 
of medication. He said eating habits 
might explaifi why blood pressure medi- 
cines such as angiotensin-converting 
enzyme inhibitors sometimes do not 
work. , .. . 

Cholesterol-Cutting Drugs 
Could Prevent Stroke 

CHICAGO (Reuters) — A class of 
cholesterol-cutting drugs has proven ef- , 
fective against stroke and potentially #'■ 
fatal cardiovascular disease, researchers 
at Vanderbilt University School of- 
Medicine reported. 

In an analysis of 16 trials encom- 
passing 29,000 subjects, researchers 
round statin drugs reduced the risk of 
stroke by 29 percent and lowered total' 
mortality rates by 22 percent 

Statin drugs also produced larger re-' 
ductions in cholesterol than previously; 
available lipid-lowering drugs, cutting- 
blood cholesterol levels by an average, 
of 22 percent the report in the Journal of \ 
the American Medical Association 
said. l 

There was no significant evidence v 

rhar lowering cholesterol levels with the fc 

drugs led to any increase in the in-_ 
cidence of cancer or other nonheart- < . 
related deaths. 

For more information about easy ordering and availability of hand delivery 
call our Subscriber Customer Service Unit: 

Toll free: 0800 895 965 
or Fauc(l7l) 240 34 17. 


i 'Buffalo " 

(1844 song) 
a Speleologist 
M Guinea pigs, 

is Departure 
16 Departure 

it Puccini soprano 

is Father of 

14 Tissue additive Conqueror 

19 Anna 
e.g.. in ‘The 
King and I" 

'so They make 
wakeup calls 

22 "Memphis 

(1990 war film) 

23 Drench, in a 

1 Gainesville 

2 "Not ro mention 

□ YES, I’d like to subscribe and have my bank account Family Nam 
MM WQ-mr by £17. _ First Name: 

Please start my subscription and send me a bank 

form to arrange my payment. Job Title: 

Mating Address: □ Home O Business 


flfstaurant Ondien 

Q YES. I’d like to subscribe and pay for the following 

□ 1 2 months (+2 months free): £2 10 
(Saving off caver pries 36%) 

□ Special, 2-mo nth trial subscription: £22 
(Saving off cover price : 53%) 

□ My check is enclosed (payable to the IHT) 

□ Please charge my: 

□Access QAmex Q Diners 

□ Eurocard □ MasterCard □ Visa 

Credit card charges will be made In French Francs at 
current exchange rates. 

Postal Code 


Tel: Fax: 

E-Mail Address: 

YourVAT N“ (Business orders only) 

24 Hurt 

26 Stocks aid 

29 Tries 

30 Whiskered 

31 Stuck, after 'in' 

32 "The lie that 
enables us to 
realize the 
truth* : Picasso 

35 Shakespeare 

39 Hurricane 
heading: Abbr. 

«o Petrol unit 

3 Wacky 

4 Scallop, tor one 
s Special touch 

7 They may be 
picked up 
a Poetic adverb 
9 Sttoklng paint 

10 Hollywood 
producer Jon 

11 Rejoice 

12 King, lor 

io Kept on the 
hard drive 

2 1 Kindergartener 

22 Genesis dty 

a« Wrap 

as Where 
Timbuktu Is 

(IHTVAT N° 747 320 211 26J 

1 got this copy of the IHT an □ kiosk □ hotel □ airline □ other 
□ I do not wish to receive information from other carefully 
screened companies. 

This offer expires on December 3 1997 

4i Kennedy's 
Secretary of 

4a Jibe 
43 Calm 
45 Severe critic 
48 Star witnesses? 

Card N 8 

Signa l | 

□ Please stare delivery and send invoice. 

Return your completed coupon to: 

Delphine Prinsetaar, International Herald Tribune, 

63 Long Acre, London WC2E 9JH. 

Fax: (171) 24034 (7 E-Mail: subs@iht.corn UK 14 

49 Actmss Barkin 
so Parting word 

54 Whim 

55 Cast 

57 Ca$a material 

85, Avenue des femes 
75017 Paris 

TeL- 33 (0)1 45 74 40 21 

sa Mount whose 
name means m l 

58 Jackson and 
Jefferson, e g. 
so "Mona — ’ 

61 Spots 

BE Hose 

63 Pipe piece 

26 Former Devis 

Cup captain 

27 Writer Q'FaolAfn 

am The very 

n Beach 

31 It has many 
narrow rays 

32 A pastel 

33 Deteriorate 

34 Kindergartener 

36 Former Laker 
great Baylor 

37 Cross-ply. e.g. 
36 You can count 

on them 

- * -ns 

nma by Riwtiii j. Hmbbi 

York TunesJEdited by Will Skorta. ' 

SolQtkm to Puzzle of Jnfy 23 

HBIirnni nnnranTnrwmn 

42 Circus Bites 

43 States as fact 

44 1 

48 Indicates 

46 Slue bloods' 

47 Replicate 

4a Best Picture of . 

so Chimney-top 

si Mine entrance 
32 Rocketed 
53 Nautical direction 
a# Nautical direction 
sa Bird sound 

Hraii nnno UUJiyL!Jat3 

0Ea sheb Haas 

gEHQ HQsSn rai3H 

igQllli 0a |§gi 



il ,■*! 
-V>: hV:-.,. '-fl 

• ft 


■\ :• 7 * 

- ^ f':- 




THURSDAY, JULY 24, 1997 

PAGE 11 

wiibtide. a'v t Vr« , v safc,. 

hi Ui lr. r [ _■ - . 

2 lh!fA Wc ^ !, £l? u 'C : 

^ DsubcriV/c onJi; 

_. - . c v-’rw*-.^ 

When Politics Gets in the Way of Economics 

Foreign Investors Turn Wary as Bangkok Starts Dabbling in the Financial System 

— -e j 


vrt •" : , h - *« 

,-ja Jer. -■ 
Mr. Z . Wl . ‘ 

• \. ; 
?qL'en»:> urc ’,’. 

r llusn „■*.*. ... U.S ... r_C 
Jti" IiJ.nlil'.n 

:n % 


p'' 10 -: y , 

n. . 

'". J ,; £ 

■ ! - " -d ^ ( 

■***■• hi- 

restaurants Asked 
o Reduce Salt Levels 

l.OM3:.«.N f - - . . 

.. . . ‘ r ‘ :*• 

k-.i -> .| 


By Thomas Crampton 

Special iu rhe Herald Tribune 

BANGKOK — The confusion of 
Thai politics can even him insiders into 

Id the past, as the politicians played 
their games, foreign investors joked 
about the Italy of Asia and made little 
effort to understand the bewildering 
tangle of allegiances. 

But the slowing economy and re- 
gional currency turmoil have put the 
country’s politics under the intense 
scrutiny of creditors who are 
frightened by what they have found. 

With 23 prime ministers, 17 coups 
and IS constitutions since 1946, the 
country has not been a model of polit- 
ical stability. Nonetheless, because of 
consistent policies laid out by govern- 
ment technocrats, investors confidently 
poured huge amounts of their money 
into the country in the past decade. 

Now, as an economic slowdown and 
regional currency turmoil throw the 
country into the i ntemational spotlight, 
this traditional political chaos could 
delay recovery. 

’’Today’s political struggles are not 
that different from the past.” said 
Mark Sundberg, Hong Kong-based 

chief economist for Salomon Brothers 
Inc. “But die country now has greater 
vulnerability to short-term capital 
flows, and its policy mix has been 
brought into focus." 

Thailand’s estimated $90 billion in 
overseas debt has created what Mr. 
Sundberg calls a structural dependency 
on foreign money. Much of that debt & 
short-term and soon due to roll over. 

"Banks are really studying every 
political move now,” said the country 
manager of an American bank that is 
one of Thailand’s largest creditors. 

“It is tough for those who don’t 
have a presence in the country to 
second-guess what is going on here, 
and events like the raid on the broker- 
age houses last week don’t put the 
country in a good light." ’ 

Last week, the police raided two 
foreign brokerage houses searching for 
the source of rumors that five com- 
mercial banks would close. 

The raids, which shocked the fi- 
nancial community, have been dis- 
missed by political observers as a me- 
lodramatic stunt typical of the deputy 
interior minister, Chalerm Yoo bam- 
rung, who ordered them. 

A Jaguar-driving former police of- 
ficers with a taste for Versace shirts, 

Mr. Chalerm is a Bangkok-based 
politician who has long wielded power 
beyond his party’s numerical standing, 
serving in most Thai governments over 
the past decade. 

In the November election, his Muan 
Chon Party won just two seals, yet the 
six-party coalition awarded him a cab- 
inet post He has many loyal well- 
placed friends in the police department 
but scant patience for those in his 

’’He is like a stick that the politi- 
cians wave at barking dogs to make 
them shut up,” said Montri Chen- 
vidyakam, president of the Training 
Institute of the Association of Secu- 
rities Cos. “In the Thai context, 
nobody takes his antics seriously.” 

Foreign investors, however, were 
not amused to have the stick waved at 
them. “I just do not understand how 
they could do this,” a Japanese analyst 
said. “It is crazy.” 

Since the raids took place, foreign 
analysts and brokers have been wary of 
being quoted for fear of reprisals. 

Another recent intrusion of politics 
into economic management took place 
in mid-May. when remarks by one of 
the prime minister's advisers triggered 
speculators to attack the baht. 

“With freer capital flows, Thailand 
now has less control over its destiny ’ 
a diplomat said. “Hie markets can 
punish the country more readily for its 
errors and political hijinks." 

After more than a decade of tightly 
pegging its currency, T hailan d floated 
the baht on July Z Since then, it has 
fallen by as much as IS percent in value 
a gains t the dollar. Hie baht fell to a 
new low on Wednesday. (Page 15) 
Politics, some analysts warned, 
have also infected the country’s fi- 
nancial institutions. These analysts cite 
the fraud-tainted scandal at the 
Bangkok Bank of Commerce, the 
slothful pace of mergers among the 
troubled finance companies and the 
damaging policy debate over the ad- 
justment of the baht 

“In the early 1980s, when the coun- 
try last faced economic crisis, the tech- 
nocrats from the central bank, finance 
ministry and National Economic and 
Social Development Board all worked 
together,” said Arpom 

Chewakrengkrai, chief economist 
Deutsche Morgan Grenfell Thailand. 

Ms. Arpom, a former technocrat 
said many of the best and brightest 
have left government for higher paying 
jobs in the private sector. 

«ilImMsr/TV UoMIVm 

The Federal Reserve Board chairman, Alan Greenspan, before Congress. 

World Markets Surge 
On Rosy U.S. Outlook 

Greenspan Repeats: No Rate Rise Soon 

Studying at the Miles Davis School of Business 

3 By Mike Zwerin 

International Herald Tribune 


tU ! 


, T - : 

-j jjhrv’tS.- 1 


Jholestero’-Cutting On; 
tould Prevent Stroke 

c»«y • • • 


ARIS — In a speech to co-work- 
ers and associates in June 1996, 
the president and CEO of First 
USA Bank, Richard Vague, said 
he wanted his bank to function lie Miles 
Davis's band. First USA specializes in 
credit cards and has done this so well that 
a year after Mr. Vague's motivational 
address the bank has been bought by 
BancOne of Ohio for $7.9 billion. Be- 
fore the purchase. First USA was the 
fourfo-laigest such bank, with 16 milli on 
card-holders. The merged entity will be 
third-Iareest, with 32 million card-hold- 
ers and $35 billion in assets. 

First USA has succeeded by design- 
ing credit cards for areas of strong com- 
mon interest — professional women, 
psychologists, golfers and, as of May, 
jazz fans. Holders of its new “real jazz 
platinum Visa card” will receive a 
newsletter named after a Thelonious 
Monk song, a Diana Krall video, a 
viously unreleased John Coltrane 
and miscellaneous gifts. The smart jazz 
designs cut the cards includes a portrait 
of Miles Davis playing his horn. 

Jazz Platinum Visa cards will entitle 
' jtheir holders to borrow from $5,000 up 
‘to $100,000. Note the bottom limit First 
USA does not want to bother with jazz 
aficionados who need less than $5,000. 
Miles would certainly approve. 

Davis believed that foe more out- 
rageous a musician's monetary de- 
mands, the more respect he received. 
And the more money producers paid 
him, foe more they'd pay for publicity to 
protect their investment He was paid a 
lot of money because he knew his own 

Richard Vague, left, thinks Miles Davis has some lessons for his bank. 

worth. And now it seems that money 
and Miles Davis go together in more 
ways than you might have imagined. 
The time is ripe for a Miles Davis degree 
in business administration. 

Consider this a new social perspec- 


tive more than a product launch. Jazz 
players and fans were once one of the 
most alienated sectors of American so- 
ciety. After poets, maybe. The music 
drew its strength from being made by 
cultural minorities (African Americans, 
Latinos and Jews) and appreciated by 
economic minorities (African Americ- 
ans and intellectuals). 

A mass audience and a palace in 

Malibu were signs of loss of authenticity; 
“selling out” it was called. True jazz 
fans gave up on Louis Armstrong after 
“Hello Dolry’ ’ and on Miles Davis after 
“Bitches Brew.” Much too successful. 
It seems that times are changing. 

This is a major shift on the alienation 
front. What’s good for jazz is now good 
for the country. The business of Amer- 
ica is jazz. This is not to say that jazz has 
ceased being minority music. A new 
minority has been added — people with 
ears and wallets stuffed with plastic. 

Growing up in Dallas and Houston, 
Mr. Vague played guitar and keyboards. 
His father listened to jazz records. 

During his address to colleagues, Mr. 
Vague said: “Miles Davis dominated 
jazz music in the late '50s and early 

’60s. The jazz scene then was char- 
acterized by groups of three to six 
pieces, typically including drums, bass, 
piano, saxophone and trumpet. They 
would play either an original song or a 
popular composition such as ‘My Funny 
Valentine’ or ‘I Got Rhythm,’ and they 
would reinvent that song with extended 
improvisational solos, new chords and 
harmonies, syncopation, tempo changes 
and complex musical interplay. 

“The boldest, most daring thing 
about Miles — the thing that set him 
apart from almost all his contemporaries 
— was that he always, always hired 
musicians who were better than he was. 
Better technically, better composers, 
better improviser?. And not just a little 
bit better, but a whole lot better.” 

Mr. Vague pointed out that each 
member -Tifair -so ^musically “accom- 
plished and they all knew each other so 
well that “anyone in the group could 
take foe lead to slow down or step up the 
tempo and everyone else would follow. 
Innovation, he said, could come from 
anyone, anytime, anywhere. 

His thrust was that he does not want 
his people explaining that they do certain 
things ‘’because Dick Vague said so.” 
“Now Fm not nearly so naive or 
presumptuous to think that there is much 
of an analogy between Miles Davis’s 
gronp and First USA,” be said. “But we 
must have the very best people, and we 
must have the kind of supportive, in- 
clusive environment where the very best 
can thrive — we aspire to many of foe 
things characterized by Miles’s band.” 
“Fust USA has 32 million custom- 
ers. We’re betting that between 50,000 
and 200,000 of them are real jazz en- 
thusiasts,” Mr. Vague said. 

CaitpiM by Our Serf F mat Pafinrhn 

WASHINGTON — Stock markets in 
foe United States and Europe continued 
to climb to new record levels Wednes- 
day after the top U.S. central banker 
reiterated to Congress that he was in no 
hurry to raise interest rates because the 
U.S. economy was in a period of growth 
with low inflation. 

But in a reprise of foe testimony he 
delivered to members of the House of 
Representatives on Tuesday, the chair- 
man of the Federal Reserve Board, Alan 
Greenspan, cautioned foe Senate Bank- 
ing Committee that there was no guar- 
antee foe Fed would not have to raise 
interest rates at some unspecified point 
in foe future. 

Wall Street took Mr. Greenspan’s 
comments as a signal that Fed poli- 
cymakers again would pass up the 
chance to raise rates at their next meet- 
ing, scheduled for Aug. 19. They in- 
creased a benchmark interest rate by just 
a quarter- point in March but beld rates 
steady at meetings in May and July. 

Mr. Greenspan's comments Tuesday 
sent stocks and bonds soaring, and Wall 
Street apparently heard nothing 
Wednesday to cause it to give up its 

The Dow Jones industrial average 
rose 26.71 points to close at a record 
8,088.36. The index of 30 blue-chip 
stocks jumped 1 54.93 points Tuesday to 
set its previous record of 8,061.65. 

European stock and bond prices rose 
sharply Wednesday, following Wall 
Street’s lead. 

Germany’s DAX Index rose 4. 1 5 per- 
cent to a record 4,406.09 before trading 
was suspended at midday because of 
technical problems. Hie Paris Bourse's 
CAC-40 index rose more than 3 percent 
to an intraday record before closing at 
3,00333, up 2.8 percent. The Zurich 
exchange posted a 3.4 percent increase, 
and the Brussels and Amsterdam bourses 
finished more than 2 percent higher. 

Elsewhere on Capitol Hill on 
Wednesday, three other members of the 
Fed’s policy-making Open Market 
Committee were giving their views on 
the current economy before the House 
Banking Committee. 

Echoing Mr. Greenspan, a Fed gov- 
ernor, Laurence Meyer, told the com- 
mittee the economy’s recent economic 
performance was ’ ’enough to make you 
want to cheer.” 

Pointing to strong growth, low in- 
flation. soaring equity prices and record 
levels of consumer confidence, Mr. 
Meyer said recent economic perfor- 
mance had been “extraordinarily fa- 

Mr. Meyer was joined by Alice 
Rivlin. deputy chairman of the central 
bank, and by William McDonough, 
president of foe Federal Reserve Bank 
of New York. 

Senators heapedpraise on Mr. Green 
span for his handling of foe economy 
with Phil Gramm, Republican of Texas, 
calling him "the greatest central 
banker” in America’s history. 

Mr. Greenspan made only passing 
reference in his testimony to foe surge in 
stock prices in recent months. In con- 
trast to his now-famous Dec. 5 speech 
about possible “irrational exuberance” 
in financial markets, he said stock gains 
had been fueled by lower bond yields 
and investor expectations that corporate 
earnings may continue rising. 

But Ms. Rivlin, Mr. Meyer and Mr. 
McDonough raised some cautions. 

Higher than the risk of recession. Ms. 
Rivlin said, is the risk that “many of foe 
factor? holding down inflation will 
prove temporary.” 

She also said that waiting too long to 
increase interest rates “may increase 
the possibility of overheating followed 
by recession." 

Mr. Meyer said, "The history of 
See GREENSPAN, Page 12 

■JL V 

;u: » • 

Risky Venture for Novell's New Chief: Leading a High-Tech Turnaround 

By Steve Lohr 

New York Times Service 

NEW YORK — The days and cities 
sometimes blur for Eric Schmidt. If it’s 
Monday, he remarked last week, it must 
be Atlanta. Or Nashville or Cincinnati 
— foe earlier stops that day. 

Hie rest of last week’s itinerary: Dal- 
las, Austin, Santa Monica, Irvine, San 
Jose, Missoula, and back to San Jose. 

This is foe grueling regimen of a 
high-tech turnaround, the daunting task 
that Mr. Schmidt is tackling for Novell 
Inc. He is a fresh recruit, having arrived 
as foe software company’s chairman in 
April after his predecessor lasted rally 
30 months 'in the job. 

But his situation is hardly unique 

these days, for Mr. Schmidt finds him- 
self with a challenge similar to foe ones 
that will await foe next leader? of Apple 
Computer Inc. and AT&T Com. — 
technology companies that, like Novell, 
each brought in a would-be savior who 
fast fell from favor and was quickly sent 

For the 42-year-old Mr. Schmidt, life 
these days often resembles a dawn-to- 
dusk sprint. In meetings with managers 
and employees, he must grapple with 
foe struggling software maker’s internal 
problems. Then, maybe rally minutes 
later, he must shift gears to meet with 
customer? like Procter & Gamble Co. 
and American Airlines’ Sabre reserva- 
tion nnit, as well as distributors and 
industry groups to convince outsiders 

that Novell can remain a force in foe 

His tactics, travel and work days have 
foe pace and feel of a political cam- 
paign, including a “war room” to re- 
spond quickly to competitors’ claims. 

“I’ve been with foe company a little 
more than three months and it seems 
like forever — a crisis-a-day kind of 
tiling,” Mr. Schmidt said. “We’re in a 
serious turnaround here.” 

It is premature to judge whether he 
can succeed. But trying to turn around a 
wayward high-technology company is 
clearly one of the stiffest challenges in 
contemporary corporate America. 

In any turnaround situation, foe man- 
agement must both repair a company’s 
broken business and devise a new. 

strategy for growth. Yet hitting both 
targets at once can be especially tricky 
in the hurry-up world of information 
technology, where product cycles are 
measured in months and even healthy 
companies are often forced to shift 
course abruptly. 

The difficulty was underscored again 
two weeks ago, for example, when Gil- 
bert Aroelio was ousted as the chairman 
of Apple after 17 months with no turn- 
around in sight. 

Novell, like Apple, was a computer 
industry pioneer that made strategic 
missteps. An innovator during the 

1980s in foe software that stitches 
desktop personal computers into cor- 
porate PC networks, Novell was late to 
catch foe Internet wave of the 1990s. 

True, foe company still has more than 
60 percent of the market for corporate 
networking software, with Novell’s 
flagship. Netware, now used on an es- 
timated 67 million desktops. The com- 
pany, based in Provo, Utah, remains the 
second-largest PC software maker, after 
Microsoft, with sales last year of $13 
billion and profits of $126 million. 

Yet Novell’s sales are stagnating and 
foe company lost money last quarter. 

For Novell’s once lucrative business is 
now squarely in foe cross hairs of Mi- 
crosoft Corp., whose Windows NT is a 
bid to take over foe networking software 
market. It is not an enviable position, 
although most analysts agree Novell’s 
plight is not as dire as Apple’s. 

“Novell has some time because for a 
corporation to switch off its networking 
software is very costly and time con- 
suming.' ’ said David Y offie, a professor 
at foe Harvard business school. 

‘ ‘And if Microsoft has any weakness. 

See NOVELL, Page 15 


Cross Rates duty 23 

■» s t U Ft Ik Ul U It M B 

■' Amtantun .10* 1M5 U2£2 03U1 41W* — Si54‘ 13847 WH* 1*1 1®*. 

Brussels VS5 OB MB ' LT3 2.QS4' tU3C — 2SOS UBS M U3 

FnnkEUrt IJJ sen — tlffl* MM 484B* USB 1*5* UB9 MSI' 

London (0) U02 — WL 1UB VB7I 145W OM 2 M 1*1719 21215 2BS7 

Madrid ISIS HUU 84JB J45JJ AM* M75 4*74 10279 mar 111M — 

man imjB 1 JKH 1W 3W — MU? CM Ml US IV* UHM ”■» 

New York (fa] .. — IMS Wt 4.1475 U7U0 USB 37J» 1*5 US* ISO KU6 
Paris UW R3fl 23*1 — UW 29*34 MAS AlSfl 5J9* M79 400 B 

Tofcpi TOM 19U* <U0 1 115 UH SM 3X0 77* — W® 

Toroafs MB' 2320 USii QB45 U7»* U719 I3SM* MJD1 1*" — 

Zorich lAe 24*16 Bffir lire IBt* 17231 3343* — L2829* UW2 IU** 

1 ECU - 1*5 A£4S- UH* 4M9 1321 JB Z23S- 4U2U ■ IMS ffi.105 1** 

1 SDR IJSff AM 25DD U4B ZOUZ 2AD4 5U* M33 15U5I 1*3 211* 


PM and Tomato ari«sat3PM ■ 

a To one porn&b: To buy ooe ‘Ur& & 1 0& NJknti quoted NAjnttf available. 

* Other Dollar Values 

Otntucj nrs -Camnqr ■ - Pars Ganacj Pari tamer 
AiytaLpesa 05999 Cm* Ant 28553 MaLpasa 7J33 S. AIT. raid 4S64 

AkMobS USB! Hoag KaogS 7J461 K-ZcoteadS 1-537 S.Kolhb 89140 

AsstrmsdL IMS Hoag. forfait 19138 Mora. krona 7SD21 Swsd. kroon 7X376 

Brad real 1JK13 Manrapaa 3546 PULpaca 28.10 TnJwanS 27* 

CMaaseyOBi 83209 tatarapiah 2387.5 PafcfazMr 3JS HiMbMif 3M0 

Cnchkoroao ■_ imh £ 06777 PnLescada 18449 TariddDn 1S59SS. 

DonisO krona 6,9585. fmaffstak. 3J2D7 Bus ruble 5791-5 UAEdttsn 3X715 

EgjpLpaond 13898 Kratinar 030 . Saudirtfal 3JS Vwtt-bo fiv. 49260 

Rn. marina SJ74S*. 24325 Stag.* 

Forward Rates 

tanacy My iB-Sof 90-rfsy anaac* SMW 

Psora Stuflag 1.6792 1Z774 1.675k Jopramyra IMfll 114W 11ZW 

Conan data U730 13707 1J684 S Oftolronc 1.4824 1-4772 14718 

Dwta&aauife 1A2«J 1X220 1.8182 

Soa/tex ING Bank MmsAmftnfc fmasuezBaok fBnasabi: Banco CotwenSaJe tBOma 
(matt); Bapqoe oV Rmux (Farts}; Bant af Totyo-MBsubfahl (Tokyo}/ 

LibfcHJbor Rates . July 23 

Saris French 

Doctor D-Mark Prate Stalling Fruat Yn ECU 
1 -month 57»-ST» 2%-JV* lfa-lVh 644-6* 3W-3M* Vi-tV 4W-4ft 
3-montn 5% -5* 3W-3¥* IW-l'V* SV»7V* 314-3*0 410-414 

6-month 5 tt-SM 311-314 7-714 3*4-391* 4H-414 

1-HOOT 5*»*5% 3M-3M Ito-lWt 7fi*-7tn 3T*-3V* 

Sources; Ream Uoyda Bank , _ t „ 

Rotes uppBcnbte to Meibank tJeposBs of SI mitton ntUtUnua (or cqvtmlert}. 

Key Money Rates 

United States 






Prime rafe 



Federal tads 



99-dof CDs dtodeis 



1 M-day CP deems 



3 msatti TreasHY bft] 






2 -recr Tretsarr bffl 



5-yvar Tnasny rato 



7-yeor Treasury note 



1 ^yeoi- Trecsary note ■ 



Myrar Trraswy bad 



Mentil Lyndi 39-dey RA 










1 -nnto nfeftak 



3-aatrik Mtotank 



6-aantb htaifaadk 







Lumber'll nm 



CM money 



Vaonfli faUaAoeft 



3-awith iatortank 



6-nmrhi imtftxmk 







Bokhara rota 
Cob money 
1-oaalti ftriaffaoak 
3 ma o t h totwtaak 
6-oMtti briartaak 














failai wuMn rota 
CoB assay 

South Mu&eak 
c-mutti totoitrak 3H 3* 

lfrymOAT £52 539 

Sources.- Ream Bbambera Merits 
ynen. Bank o( Tokya-MiftabhM. 
dear LjmiiL 

3.10 110 

3ft 3ft 
3U 314 
3ft 3ft 


AM PM. ae§» 

Zarkh 32160 324.70 -3.10 

Laadoa 32435 324.90 -135 

Nov York 32600 32300 -1J80 

US. doBaa per ounce. London otbdal 
ftttxjs Zonal and New Yart openftw 
OMfSasma prices Neat York Ceeaex 

Sam Reuters. 

U.K. Firm 
Will Stay a 

Bloomberg Hews 

LONDON — Nationwide 
Building Society said Wed- 
nesday that its members had 
voted by a 70 percent maigin 
against a slate of board can- 
didates who favored convert- 
ing foe UJC. mortgage leader 
to a bank or being taken over. 

Brian Davis, foe chief ex- 
ecutive who campaigned 
against five so-called Mem- 
bers far Conversion, said 
about 135 million of the so- 
ciety’s 3.5 million members 
bad voted. Mr. Davis said 
previously that the society 
would probably change to a 
conroany owned by share- 
holders if the five won. 

Nationwide is Britain’s 
largest building society, or 
mortgage lender owned by its 
customers. As' a result of the 
vote, other societies such as 
Bradford & Bingley were 
likely to remain mutually 
owned, analysts said. 


With more than 850 locations worldwide, 
Kinko's provides business services just 
about anywhere you travel. 

• Black & white copies 

• Full-color copies 

• Color laser prints 

• Oversize copies 

• Presentation materials 

• Computer rental stations 

- IBM /Macintosh 

• Major credit cards accepted 

• Videoconferencing 

- Schedule your next international meeting 
with Kinko's '.v Or [divide videoconferencing 
network end save yourself time and airfare: • 


The new way to office: 

CaB ihe number Bsted 
below lo find Ihe 
location nearest you. 


TEL: 61-2-9267-4255 


TEL- {416) 928-2745 


TEL 31-20-589-0910 


TEL 82-2-566-9768 


TEL 81-3-5570-5432 


TEL 1-800-2-WNKOS 

[from U.S. & Canoda) 

Opening soon: 


*U97 las. M rigkb rravtA. Afe) «4 Or 
M+r wOf to afpci n popratiiy mifa of ISnhj'j 

UMUK tot »"4 * bj rcmafMO. 




PAGE 12 



UU I lai ^ mini I ^ i 

i Investor’s America I 

The Dow 


30-Year T-Bond Yield 

Dollar in Deutsche marks It Dollar in Yen 

Ik s& E- !isg^iz=! 

At Columbia, a Little Selling 

Bloomberg News 

NASHVILLE, Tennessee — 
Some ColumbiaMCA Healthcare 
Corp. stockholders are selling their 
holdings amid fears dial a widen- 
ing federal investigation of die 
hospital and home-care chain will 
blunt its expansion. 

Columbia/HCA is reported to 
be holding talks with its largest 
rival. Tenet Healthcare Coni., that 
could lead to a merger of the two 
largest U.S. hospital companies. 

A combination would create a 
company with a market value of 
$30 billion and about 500 hospitals 
and 650 home-health agencies 
across the United States, Britain 
and Switzerland. 

A Colombia spokesman said he 
could neither confirm nor deny the 
report A Tenet spokesman refused 
to comment 

But the federal investigation, 
now spanning seven stales, is 
likely to curtail an acquisition 

spree that has powered 
Columbia’s ninefold protit in- 
crease in the past five years, some 
investors said Last week, the gov- 
ernment issued 35 search warrants, 
and the company said at least five 
of its employees had been sub- 
poenaed to testify before a grand 
jury in Florida. 

“The negative publicity of this 
particular investigation, combined 
with the already negative percep- 
tion of Columbia, would mate it 
difficult for the company to make 
acquisitions,” said Lisa Tucker- 
man. a money manager at Spears, 
Benzak, Solomon & Farrell. 

Signs already abound that 
Columbia is running into acqui- 
sition roadblocks. Officials in Ohio 
and California this year rejected 
attempts by Columbia to buy noc- 
for-profir hospitals. On Tuesday, 
Rhode Island's legislature passed a 
Jaw that effectively limited the 
number of sites a for-profit hospital 

company may buy. Columbia's 
chairman and co-founder, Richard 
Scott, has spearheaded Columbia’s 
growth in the company’s 10-year 
existence. In that time, Columbia 
has grown to 342 hospitals from 
just two and added 150 surgery 
centers. 570 home health -care lo- 
cations and a pharmacy -benefits 

tumbia may have moved too 
fast in building, its portfolio of 
health-care sites, some investors 
said. By expanding so quickly, it 
foiled to ensure that its business 
practices were in line with federal 

The investigations are ‘ ‘getting a 
litde deeper and a little more ex- 
tensive than people first thought,” 

said Phillip Schehewi, a managing 
partner at Loomis Sayles. 

Despite the selling, Columbia/ 
HCA stock dosed at $36, up 
$2.9375. Tenet shares closed at 
$30,125, up $2,625. 

Robust U.S. Economy 
Powers Dollar Ahead 

NEW YORK — The dollar 
climbed to a six-year high against 
the Deutsche mark and rose against 
the yen, helped by a healthy U.S. 
economy and expectations that 
sluggishness in Europe will result in 
a weak euro, the plann ed single 

Souk* Bloomberg, Reuters 

Intantarigml Hcnfti Tribune 

Very briefly: 

Satellite Service to Carry Bloomberg 

Unions Blast TWA’s Layoff Plans 

By Mike Mills 

Washington Post Service 

ST. LOUIS (AP) — Trans World Airlines Inc. 's machinists 
unions reacted with anger Wednesday after the airline's 
announcement that it would cut about 1,000 jobs — 4 percent 
of its work force — by the end of the year as it replaced its 
aging fleet with new plans that required less maintenance. 

The machinists, who are bearing the brunt of the cuts 
announced Tuesday, said the layoffs were the result of a poor 
business plan. 

“I'm disgusted.” said Keith Nelson, president of Local 
1650 of the International Association of Machinists and 
Aerospace Workers in Kansas City. “It is incompetence. We 
have a management in place that cannot handle an airline of 
this size.” 

President of Barney’s to Step Down 

NEW YORK (Bloomberg) — Barney’s Inc. said John 
Brincko, its president and chief operating officer, would leave 

WASHINGTON — Bloomberg 
News is signin g on as the first major 
provider of programming for 
WorldSpace Inc., a fledgling com- 
pany that aims to tap into worldwide 
markets that lack access to basic 
news and entertainment, according 
to executives from both companies. 

WorldSpace is an $850 million 
project to launch three satellites by 
1999 that would serve Africa, Asia 
and Latin America with more than 
100 channels of digital radio. 

Bloomberg plans to beam 23 audio 
channels of its business news service 
in multiple languages to WorldSpace 
listeners, according to Michael 
Bloomberg, founder and president of 
Bloomberg LP. in New York. 

'‘The real reason we’re doing this 
is we can get to a whole group of 
people in developing countries, 
who have an interest in news for 
professionals,” Mr. Bloomberg 
said. “This is an inexpensive way, 
per capita, of getting to them.” 
Bloomberg's trove of financial 
news should help WorldSpace ap- 
peal to its initial target audience: the 


middle-income households in de- 
veloping regions. 

WoridSpace’s founder, Noah 
Samara, is a 41 -year-old lawyer 
who migrated to the United States 
from Ethiopia. 

Mr. Samara founded WorldSpace 
in 1990 and has struggled to round 
up financing and program providers. 
Mr. Samara has three plans for get- 
ting revenue from WorldSpace: 
Selling capacity on the satellite to 
content providers, selling advertise- 
ments and selling monthly subscrip- 
tions for some types of programs. 


A han dful of Federal Reserve 
Board officials, including Chair- 
man Alan Greenspan, suggested 
they expected steady economic 
growth with little -inflation in the 
months ahead. 

“The dollar's rising on tile over- 
all impressive condition of the U.S. 
economy,” said Jesse Torres, chief 
currency trader at Bank Austria. 
“It’s an excellent economy and an 
excellent place to be. ” 

The dollar rose as high as 1.8321 
DM, its highest quote since touch- 
ing 1.8400 on July 12, 1991. It was 

S noted in 4 P-M. trading at 1.8260 
iM, up from 1 .8245 DM on Tues- 

The dollar also rose to 115.675 
yen from 1 14.950 yen. Jeffrey Yu, a 
trader at Sanwa Bank, said he 
bought dollars for marks Wednes- 
day and that he believed the dollar 
could rise to L85 DM this week. 

A Fed governor, Laurence Mey- 
er, and the central bank’s deputy 
chair man, Alice- Rivlin, echoed the 
rosy picture of sustained growth and 
controlled inflation painted over the 
past two days by Mr. Greenspan in 
his se miannual testimony to Con- 
gress on tiie economy. 

His comments sent investors 
flocking to U.S. assets on the ex- 
pectation that U.S. borrowing costs 
were not beaded higher. Surging 
stock and bond markets help the 
dollar because global investors buy 
the U.S. currency to pay for assets. 

“Stocks are high, and it looks 
hke they're going to go higher,” 
Mr. Torres said ; • • 

Th e dollar dipped briefly in mid- 
day trading, however, after Ms. 
Riviin suggested it might' not get 
much stronger. 

The dollar also got momentum 
against the mark on expectations 
that slow growth and record, un- 
employment in Europe would keep 


some countries from meeting' entry } 
targets for economic and monetary J 
union, resulting in a weak euro. t 
“There has been no change ini 
sentiment, with the markets today, ; 
as yesterday, characterized by mark ■ 
weakness on EMU worries,” said! 
David Coleman, an analyst with : 
CIBC. . | 

Nations hoping to join the union . 
rn net ait their deficits to 3 percent ofi 
gross domestic jmxJucL Analysis have j 
forecast that many countries^ includ- j 
ing Germany and France, will not 
meet the target, warranting a looser : 
utfennetation of the entry rules. 

“Germany's still not rebounding . 
fast enough,” said Mr. Yu. Since, 
the euro will supplant the mark as ! ^ 
Europe’s foremost cuntincy, an ytPi 
expectation it will not be strong; 
steers investors away from marks. •. 

In another boost for the dollar,; 

G untram Palm, a Bundesbank' 
council member, said the mark’s i 
slide was not dangerous for Ger- ] 
many’s low inflation climate. < 
Against other currencies, the dof~ ■* 
lar was quoted at 1.4845 Swiss 
francs, up from 1 .4830 francs, and * 
at 6.1475 French francs, up from; 
6.1420 francs. The pound fell to . 
$1.6800 from $1.6805. 

( Bloomberg . AFX)'. 

' « ■ A 

the company on Aug. 31. 

The New York-based fashion retailer and its lenders, Bank- 

GREENSPAN: Stocks Continue their Rally as Fed Chairman Repeats Optimistic View of Economy : 

Boston Corp., Whippoorwill Associates and Oaktree Capital 
Management, will seek a new restructuring expert to lead the 
company out of bankruptcy, a Barney's spokesman said. 

Continned from Page 11 

• Republic Industries Inc. dropped its lawsuit in Texas 
against Toyota Motor Corp. and will also drop a regulatory 
claim, saying recent changes in the state's franchise law 
bolster its efforts to boy Toyota dealerships. 

• Placer Dome Inc’s second-quarter earnings more than 
doubled, to $1 9 million, from $8 million, as Canada’s second- 
largest gold producer’s production increased. 

• Time Warner Inc will cany News Corpus Fox News 

channel on its New York City cable-television system, ending 
a long-standing battle by Fox to gain access to toe nation’s 
largest cable market Bloomberg 

business cycles has repeatedly taught us that 
the greatest risk to an expansion comes from 
failing to prevent an overheated economy. 
The best way to insure toe durability of this 
expansion is, therefore, to be vigilant that we 
do not allow the econoipy to overheat and 
produce the inevitable rise in inflation. " 

In fact, Mr. McDonough said, monetary 
policymakers should move preemptively, 
even before signs emerge of accelerating in- 
flation. “Failure to contain inflationary pres- 
sures at an early stage makes it much costlier 
to deal with inflation later,” he said. 

Mr. Greenspan said he had “no doubt that 
the current stance of policy” would needrobe 

changed at some point, and he warned that the 
Fed “must be alert to the possibility that 
additional action might be called for.” 

He even offered a folksy analogy to explain 
why the Fed might raise rates even under the 
ideal economic conditions he described at the 
start of his testimony. 

“A driver might tap the brakes to make sure 
not to be hit by a truck coming down toe street, 
even if he thinks the chances of such an event 
are relatively low," he said. “The costs of 
being wrong are simply too high.” 

(Bloomberg, Reuters) 

■ Earnings Gains Fuel Stocks’ Rise 

Broader market indexes rose after toe 
second-day of Mr. Greenspan's testimony on 

the economy, Bloomberg News reported from 
New York. 

The Standard & Poor’s 500-stock index 
rose 2_58 points to 936.56. The Nasdaq Com- 
posite Index, which is dominated by computer 
companies, rose 3.79 to 1,567.65. Advancing 
stocks outnumbered decliners by a 17-to-10 
ratio on the New York Stock Exchange. 


Dow member AlliedSignal rose after toe 
mater of aerospace and automotive parts re- 

ported unexpectedly strong earnings and split 

its stock 2 

DuPont, also a Dow member, rose after toe 
chemical and petroleum company beat earn- 

ings forecasts, helped by strong demand for its | 
synthetic fibers and higher oil-refining profit - 
at its Conoco energy unit ! 

. Chevron, anotheroneof toe 30 Dow stocks,, 
also topped earnings estimates as it produced; 
more oiL, raised prices for some chemicals and ' 
cut refinoy operating costs. The stock slipped; 
after rallying to a record Tuesday in an- 
ticipation of the resalts. ! 

Minnesota Mining & Manufacturing Co..< 
fell after toe company reported unexpectedly 
weak second-quarter earnings. 3M stud toe: 
strong U.S. dollar had offset toe impact of; 
higher sales and would continue to cut into 
earaings.U.S. bonds were little changed, with* 
the yield on toe benchmark 30-year Treasury 
rising to 6.43 percent from 6.41 percent 





twrfary. duly 2 

Wednesday’s 3:45 P.M. 

77ie fop 300 mast <x£w shares 

» h* u» uu or* indexes 

Standard & Poors 

Trading Activity 

Most Actives 

July 23, 1997 


8U6J9 1143.17 
290462 35* 

Z&3S TOM 2X91 738.97 -1X1 
2499X2 2499.58 2411.57 24*741 44.05 


High Lew Latest Ctige Overt 

l* 808436 +26J7 
"■ 1907J7 +13.94 


Bov HIM 

Hfeft Ln dm 

11Q3J61D7&04 111027 
666.93 6484) 666.93 
19944 196.91 199.59 
10535 102-97 10520 
934 JB 91224 93328 
91524 09406 914.74 


4 Pin. 



123375 34>V 
122155 35 
100925 4341 











44613 37W> 
41995 11*. 
40405 34'8 
54595 47U 
54439 107 

S 3B 139 
21 146H 
46347 6TO 
45690 31V® 
45504 73 
42937 38+» 

Low Lot 

34 365® 
31 *9 31"ft 
42H 42*4 
SB’S 5914 
35V* 36*® 
ii'4 im 

35 3S+» 


135V® 1331® 
46* 47V® 
294 3>b 

7H* 72 V® 
37V* J7V. 







MHO bu mkWmum-aHts por bushel 


+ 14 
+ VW 

Sep 97 

250 Ui 









— M 


Mar 08 






Maw 78 



261 'i 






+ 'A 









Dec 98 




+ V, 







lSXaBBa.- cants perm. 

Sep 97 74» 





Now 97 77X0 





Jon 98 81.10 





Morte 8100 





Est. soles NA 

Tub's, soles U14 

Tup's open inf 


Off 135 

httgh Um Latest Chge OpM 

Hgh Low Latest cbg* opw 

J£*eWLT turns 

E5IIOOO - pis 6 32ndx of TOO pd 
S4|»97 115-21 115-07 11548 

r r . iiwbii 1 i , u „ +0-20 i£9 |ijg 

D*C97 11507 11502 11505 -HMD 2X38 
119,04a Prey. Ides: 62X88 
Prc«.apaainL: 172036 up 7.730 

Sop 97 131X4 13054 131.02 *032 2107112 


Esi. soles NA Tub's, sales 53,055 
Toe’s own inf 266467 up 2349 


low Ufe O*. 
487.33 48189 48SJT +183 
63036 41539 61739 +200 

HIM 43433 44030 *170 

290.11 28746 VOR 135 
44639 44197 445.15 +116 


I ntel s 








B 154137 154849 +443 

123247 124146 +450 

144449 1474.00 +847 

167649 1AB332 .7.14 

IWJfl 2004D +1134 

98S.W 990.91 +1.17 






162936 9«* 
174B7B IM* 
114567 14445 
983IB 584*® 
929BI 1 664S 

eon m® 

74176 4344 
72412 »'« 
63671 46'-® 
62545 BN® 
6170? 414 
60402 +7V* 
56644 5»V» 
S2I42 53+r 
48296 37H 

BBfe 899® 
life III* 
Ml *141 W® 
. 57V| 571* 
162V® 1*3+1 
7845 80‘S 
S 3W 
27 28i* 
45VS 46 H 
BM 8»® 
47 47*5 
40 62 

55 S6Vi 
41*4 5IH 
J1»S 31W 



+1 r f< 



♦ »v« 




100 inn®- doners per ran 
Aug 97 247,5 20.70 74530 -a« 25001 

Sep 97 22150 220J0 23L10 — CL29 17,137 

0097 20450 201J0 702M »aiO WD3 

Dec 97 19680 19438 19S» 39,107 

Jon 98 19730 19100 19X70 +430 5460 

Morn 19500 1913B 19X00 +1.00 7.SM 

Est.sctos na Tim’s, sdes 24.834 
Toe's nsnim 115298 ofi 1843 


>00 trvy ar.-Mlon per mveo- 
Jul97 32X30 -400 

Aug 97 324. HI 32570 32580 —230 

Sep97 37440 —230 

0097 32730 32520 32540 -430 

Doc 77 32930 32470 32690 -49 

P«698 32080 22930 32930 -440 

Apr 98 33130 -MS 

Jun9B 33430 33540 33340 -4JS 

Aug 90 334.10 — 470 

6 sLso*es HA. Tue^-sdas 71690 
Tub's open int 2K631 ofi 78*5 











63SJ8 63X86 43445 

Daw Jones Bond 

tarn KM Ckg. AMEX 


4tunib»- cents per Bl 

Aug 97 21 JS JUS 2141 -0.08 17486 

Sep 97 21.90 21J3 21 J6 -0JJS 17JB9 

0097 21.98 21.83 7146 -0JM 14402 

Dec 97 2119 21 02 2111 41.916 

Jan 98 TL3S 2222 2X75 *038 5457 

War9B 2240 2247 7242 -Ml 179 

Es>. sates NJL Toe's, stios 12.210 
Tue'soDenM 103437 oH 803 

eiwiurw s 

wot . Mb* low low 

30779 W* 9T+o 95ta 

Nin i<*> OT» 2f« 

10«87 61k S' ® 5 ‘Vo 








20 Bonds 







10 Unifies 








10 Industrials 










• W, 
+ lk 



5.000 bu rnWnum- cents per ewlM 
Ana 97 7411k 728 739 + 3V, 

Sep 97 457 40 667% *28® 

Now 97 (10 S97V] 403 +2 

Jon 98 6U9 j 4om m<u *xta 

MorW 670Vi 611 61S +lte 

Esl. sates TLA. Toe's, soles 31768 
Tw'sopetiim 139.803 ofi 9S4 
















Sa 00 bu mJrwrwrv cam. per bushel 





Sep 97 




+ 7 



Dec 97 



370 Ui 


Mar 9# 






Mow 98 



382 Vi 

+ lltt 



75600 B&- cants per b. 

-M97 10940 187 JO IIP JO -MO 
Aug 97 W7.70 10568 10S45 — 1J0 
Sep 97 1 07 J0 10480 10540 —1.25 
Oct 97 W54D 104J0 KHiffl — 1.1S 

Now 97 104-20 —1.10 

Dec 97 KMJ0 1Q2JD KUO —QM 

J«1 98 10X80 10240 10150 -0.95 

Pan 90 Ml 95 -0.75 

Mar 98 102-20 101.40 10140 -9J5 

Est. sates NA Tue's.sdes 64«5 
TWsopwi W 47.962 un 56 


5400 trow oz.- ants per mow «b. 

>497 42940 42550 416.90 -040 

Aug 97 477.00 —040 

Sep 97 43100 42550 42940 — OW 59,981 

Dec 97 43850 43240 43S60 -0.90 15657 

JS19S 437 JO — 0.90 30 

Mar 98 441.70 46000 441J0 -OJO 9.442 

May 98 4*150 JM& 

M* ... 649 J9 -O.K XOM 

Esf.MSes NA Tib’s, sales 13432 
Tib's aeon int 94479 off 2087 


"V ww M4.W T uuu xiwr/ui 

Dec 97 99.96 99.74 9940 *OJ4 5567 
Est iotas: 1S2JM9. 

Open ML: Z1 (069 up 0330. 

m .200 mffloti- pteoMOOpct 
SfP 97 13044 13740 13504 *048 100571 
Dec 97 naio UHM 10942 +041 1384 

E&wtaK 65415 Prav. totes: 64001 
Pnw.mnbO: 1113155 w X149 
AUO 97 94J9 9421 94JB Z5S29 

SpiW «UB 9421 9427 +001 S29J94 

OcfW U21 9419 9428 -X01 2^91 

Dec 97 *415 9412 9413 +0312 467,173 

Morfl *412 9408 9410 +001 39,164 

Jun9i 94B 9199 94.61 +003 20 JOS 

SW» 10.93 9190 9191 +091 2064*8 

Obc.W 73.B3 nn 9181 +002 159X81 

Mnr99 9X80 9X77 9179 +082 121753 

"OM 7X75 *102 93,198 

Sep 99 9X74 1071 9177 +008 77.940 

Dec 99 93J9 9X64 93^45 +007 OJ7S 

EAWteS NA Tib- 5 sate 425766 
Turtapenhn 2,71433* up 13599 
ftMWMdL Spot pound 
Set* 97 14*37 U470 1.675* 

DOC 97 1^744 tjUSO 1.4494 

Marta I.6SU 

B*. sates 9fll3 Toe's, sate 6J65 
Tup's open int 65625 up 33?3 


IDOaOO Mtars. f pv Cdrt. ttr 

Swg 729J jm 7M3 39444 

Dfe97 1323 J2M .7294 M16 

Mar 98 3353 J333 J323 576 

Eitsrtes 9A34 rue’s, soles 10765 

Tib's open an *M65 up 151 

Sap 97 5418 
0097 5460 
Now 97 5540 
DOC 77 56J0 
Jon 98 56J0 
F4D98 STM 
Mcr98 56.15 
Apr 78 5498 

+058 2&97R 
+055 31,911 
+OB 22JSO 
+055 1495T 
*046 MJMi 
+055 14731 
+tm 7 m 
+040 7,139 
+040 2.9B 

Oct 97 19.75 
Now 97 WXl 
Dec97 19X5 
J«i» 19X2 
FtbJB 19X4 
Morn 19X5 
Apr 98 19X7 
May 98 19X9 
Jun98 19X9 

19.84 tfl.W 71071 
19X5 +014 5,754 

19X7 +014 5Jn 

19X9 +014 IM 

19X9 +an 2015 




11M 8*2 

3^ wa 

ISJ 2 J44I 

388 250 Toftri issues 

Market Sales 

N®a® Prw. 


5*38 S£79 

173 240 

n 77 

Est. sates NA Toe's, soles 31,939 
Tib's open in 97.155 up 23» 










>67 truce 

748 NTSE 
3) Amex 
5 Nasdaq 
In millions. 


622.25 696.97 

26X6 36J0 

646-38 647X6 


40X00 In., an® POr te 
Aug 97 6615 65X5 46J0 +097 30X13 

Oa»7 49.70 4065 49X0 

Dee 97 71 J2 10.97 71X7 

Fean 7X47 7180 7X42 

An 98 75J3 7465 75JS 

JW 98 71.15 71JS 71X0 

E3. sates 16.125 Tug's, sales 15JJI 
Tib's anon m 101X82 up 2160 

098 37X88 
+057 17.104 
+032 9.010 
+035 3X03 
+ 0.10 2X51 


9a rmv d.+ oanarv Mt lro» ai. 

-M 97 43X70 417X0 42X70 +1X0 » 

Off 97 409X0 40100 40020 —1X0 M.1 79 

Jan« 399X0 394.10 39030 —100 1.909 

Est. sales NA Toe's, sffes 1X87 
Tub’s open W 1X565 up 379 

Ooeo Prevtous 


DaOen par nutrient 
Aterahrara (KgUGradM 
Spot 1427X0 143000 1588X0 1589X0 


( 2 &M 0 marts, s par mom 
5eo97 -S530 X476 X494 138X58 

Dec 97 4539 X517 X528 UK 

Mar 98 X562 544 

ESI. sates 31414 TIM'S, sales 43X01 
Tub’s nwiiftf 130441 up iam 

1638X0 1639X0 140946 161000 

CaOmtes (KM Cratei) 

23SXOO 2357X0 2395X0 2398X0 


11X miSott yen. s per 100 yen 

S«P 97 JJ775 X48S 4713 0X01 

OK.n 8940 nia xezs Tai 

Mar 98 8939 X916 X939 m 

Est.srtos 15.934 Tub's, sates 30.109 
Tub’s open int 40X54 up 1359 


228X00 2285X0 3300X0 2301X0 


Company Per Asrt Rec Pay company 


, Incolq 

- M 7-31 8-15 
. .06 7-25 7-29 

. X072 7-31 10-31 
b 1X4 7-22 7-23 
_ X4S6 8-15 9-1 

_ X987 B-15 9-1 

\tlanSie Bn AS hr 4 spBI. 

BkAtlantic Bn Bl share of doss A (or every 

Encore Wire 3 for! sptt. 

Marco ai Cwp 1 shore ol Nlnraim SotoUons 
ftv every Shares held. 

Mastbank Carp i fcr3 ipfil. 

Por Ann Rec Pay 

Managers BdFd M .12 7-25 7-29 


Comdisco Inc n - .055 B-l 9-2 

MALOif&Gasg . .10 7-31 B-15 

RPC Inc - XS Ml 9-10 

O M 



5QJJQ0 ibm.* ccnlit par DEL 
AU097 BX20 SIX? 4267 +060 

Sep 97 82.75 81X5 82.47 +G57 

Off 97 82.95 81X0 82.45 +0X5 

N(N 97 84X5 B2.4Q 8X65 +0X0 

Jan 98 84.00 8X10 8X77 + 0.15 

MOT 98 83-30 82X5 H37 +0.12 

ES. sates 4J3S Tux’s, sate X082 
Toe's raven (nf 21(07 up «1 







43X00 635X0 430X0 631X0 

647X0 648X0 640X0 641X0 





<655X0 466100 4650X0 <640X0 
6770X0 4771X0 4765X0 6770X0 




5330X0 5340X0 5325X0 £05.00 

5385X0 5395X0 3380X0 5390X0 


1573X0 157100 1531X0 1582X0 
1533X0 1555X0 1521X0 1532X0 




AMP Inc 
Alex Brown 

Allied SiMal 
1 acT’wr 

Am Else 
Central Rdel 






- dEdNY. 

CwtsrtEdl .. 
denbarauqti Rlty 
Johnson Catdmfs 

Mesa Royalty 


Healthcare BEIT. 0 .53 8-20 

Hooper Hobnes 0 .03 8-4 8-18 

M J88 7-25 7-27 

Q .11 7-25 B-1S 

Q .03 7-31 8-1S 

U .09 M B-18 

N Ul Cora 


Regency fl 
Saui Cap 


.17 8-1 

J6 8-31 


JB 8-4 8-15 

33 8-22 9-5 

24 9-12 10-1 

1.75 9-12 10-1 
Q SB B-13 9-15 
q SI 8-1 8-12 

a 215 9-10 9-30 
a 39 7-30 8-14 

M -3005 7-31 10-31 
Q 235 8-15 9-15 
Q 33 9-5 9.26 

O M 8-12 8-26 

Q -39 8-12 B-26 

0 25 8-5 8-20 

O 33 8-8 8-29 

HOCS-Letra (CMEB) 

40X00 te.- cents pet h. 

Aug 97 88.72 7925 7925 -4M0 

Off 97 72XS 72X0 7142 -8.02 

Dec 97 6*60 48.95 49.12 -0.17 

Fed 98 6785 035 47X0 -8.(0 

Apr- 9B 63.25 4115 +0.10 

ESI. sales 7X29 Tile's, sates 8X65 
Tub’s open W 35*495 up 546 

Mgh Low Oom edge OpM 








4MM Bn.- cents per *l 

JK97 64-70 8380 82X0 —3X8 3S9 

Aug 97 P.25 00.60 81.10 —3-17 4X52 

Feb 98 raxo 49X0 70.10 — 4L27 1,155 

Eff sote 2X44 Tub's, sates 11 M 
Tue'sooen W 6.012 up 142 


SI m*aan-M€M00 na. 

Sep 97 9192 9191 M.9I *0X1 7X31 

Dec 97 94X3 fill 94X2 * 0X2 646 

Mar 98 9173 36 

Ed. sides NA Tub's, soles 137 
Tue’sopenM LSI 3 


HOMOOenrY-pt® & eternal Mod 
S(P 77 107-33 107-34 107-25 + 02 227X51 

Doc 97 107-15 107-09 Vff-V + 02 2X47 

Ma-70 -01 

Est. soles NA Toe's, soles a JO* 

W; ap«n im 230,107 up <19 

o-antraal: b-appnuUaiatBanx>aaf per 
sbare/ADR; B-payAiB In CaoedhKi fondsi 
BHnwttly: R^ovtartp s^MMmnual 



10 nwinc ms- s par ton 

Stock TaUes Explained 

5aks figures aeunoffldaL Yearly MghsimdlaMrcfledllKpnrvioos 53 w«*s phis me cunwit 
iwBelLbtttnoHhclatesHrgdliigdw-WlwreoRdHoralatA d NklBridflfnwnllngreaSpefCTntot'niow 
has been paUHie yeais Mgh-tow range and Attend ore shown farV» new Socks arty. Untes 
omefwto noted. nfetfdMdenris are armuBtdisbuiseniHtfs based on ttre latest de ^ 
o - dMdend also Odra (5}. b - annual rale of dividend plus stack dividend, c - liquidating 
(fiVldencL a - PE exceeds W.cJd-coDedil-iwwYKTriy low. dd- loss in the last 12 months, 
ft * dividend declared or paid In preceding 13 months, f • annual rate, increased an last 
decia ration, g- dividend to Canadian hinds, subfeetto 15%.notHHktcnQe fax. I - dividend 
dedored offer spft-vp or sfMk dividend. j-dMderd paid this yooc amHied. deferred or no 
action tokon at latest eOwtoend meeting, ft - dividend doctored or paid mis year, an 
accuimrtathre Issue with dividends in omore. m - annual rate, reduced on lost doelmatian. 
n - now Issue In the pad 5? weeks. The higlHour range begins wfih Ihe start of trading, 
nd- nod day delves R-inRtol dividend, annual rale unknown. WE -prtw-eaminga ratio, 
q-dased-and mutual fund, r- dividend dedorad or paid to preceding 12 months, plus stock 
dMdend. s- stack split Dividend begins with dale of spHL sb - solas, t - dividend paid In 
start in pncBcflng 12 manflK® estimated cosh value on ex-dhridend or ex-tfishrRiuilon date, 
u-new yearly high, v-lrmfttg twtted. vl • In bankruptcy or receivership orbetog reoiganteed 
underttw Bankruptcy Act or sccwttiesosaumed by such o»«nnlcs.wd- when distributed, 
tel • when issued/ ww • with warrants, x- utfivfdend or ex-ngtits. nfis - cx -distribution. 
x* - urrftwut iWfTOfrfc. y- e*-£fivtortrf and safes ui full yld- yfeW. c ■ sales In fuL 

Sep 97 





Dec 97 





Mar 98 




















EsL sates 6.122 Tub's, sate 9X91 
Tue's (Wtuni 99,424 off 1(80 








IIIXUXM pnn- pH A33nU> oliaapei 

Sea97 110-12 1 10-03 110-05 +Bt 358X92 

Dec 97 110-43 109-27 109-27 + 82 11X27 

Mar 98 109-19 + 82 228 

E«. sates NA Tue's.sdHS 57X53 
Tue's openrt 310X47 up 6MB 

125X00 fnanes, s par (tone 
Sbp W X796 6746 6771 

DeC 97 X89 XB28 Jm 
Morn 4895 48IS 4913 
EA-sda* 10,915 TUe's. sates 14,572 
Tin's men H 56X91 up 944 

morn era®. 1 par peso 
SwW .12530 .13470 .12502 
Dec 97 .12075 .12050 .120(7 
Star 98 .11705 .11470 .11485 
&t. safes 9X21 Tin's, safes 9J27 
Tue’SBPBnlnr 38X46 Up Trn 


£500X00 -ptaol 100 pd 

SES 2H2 9181 + 0 - 01 ’24X84 

Dec 97 92X5 92X9 92X3 +0X3 127,507 

SS 9156 *«MloaK 

Jun9S 92x0 92X2 9UI *0X6 73X21 

Sap 98 92X5 92-59 gjX4 *0X7 sum 

Doc 98 92J0 92X2 92X8 +0X7 u£o 

Mar 99 92.33 92X7 92J2 +4X8 3L736 

EsLsalBS: 151X80. Prav. taler. 53X43 
lYev. open Wj 626.173 up 354 

DM1 mUon - pd af 100 pd 
Aug 97 96X1 96X1 96X0 -0X3 1JM 

Sep 97 96X0 9X75 9676 IftX2 29 ^ 

Off 97 9673 9670 94.70 HoS r?S 

Dee 97 HX9 96J9 96X1 ^1W 277XM 

ssr” ss 

ss?s ^ ^ 9 ^^® 



50X00 RM.-oe<4sDerl). 

Off 97 74X9 7435 74X6 -4JB 

Dec 97 7477 74X0 74X1 +0X3 43X18 

MQT9B 7572 75X0 75X0 -005 97Bf 

«av« 74X0 76J0 74J0 -Oja 2X39 

WW 77X0 747S 7675 -02B 1X96 

EO-sdes NA Tub's. sdes 5X88 
Tub's open »t 74X16 up 139 
42X08 aoL cents per par 
Aug 97 JZ50 5152 5128 

- aw ^ 

5195 54X8 

54.95 5SJ3 
5575 56.13 

5675 56X3 

56JD 56.73 
55.90 5193 
54X0 5163 

BO.sdqs NA Tug's. safes 25X98 
Tub's open int 152,917 off 1454 

1XW ML- DtOart oar ML 
Sep 97 19.71 19X0 19X3 +0.13 84,198 

19X9 19.70 +0.M 49 JUt 

19A 1975 +0.14 VSUl 

19X1 W79 *0.14 4B74S 

1973 19X2 +0.14 3SXM 


_ - 19X0 

Ea.sate NA Tub's, sates 122X84 
Tug's open W 415724 up 2005 

IMaa mm Mu's, t per irwn otu 
Aug 97 2.155 2.12D 2.14 

5*097 1105 2X70 2X93 

0097 2,115 2X80 2108 

N0v97 2354 2235 2754 

Decs; 2X10 2785 2400 

Jon 98 2X40 2420 2X3S 

Feb 98 2768 2745 2755 

MOrM 2750 2240 2J50 

2115 2120 

-. - 2X80 2085 

Ett sates ITA TWs. safes 45,913 
Tub's open er# 208X70 up 3346 • 

AAqeM.cMiecrtni ■« 

£5 WJB «■» +1.H 25X86 

58X< +020 75X85 
+0L« 97M 

rSS BX0 5SJ1 +0X0 L*8 

D«W 5575 55.49 + 074 7,123 

£n» 5575 5570 55X9 +02) 5.85) 

5*2 55.99 +0J4 1X4B 

After SB S6J9 +074 3731 

Ettsote NA Tue^L sates Z7X13 ' 

Tub’s open inf 86,134 up uo 

U X. dollan per metric tan -toh 0(100 tons 

Aug9T 16925 1*325 1*5.00 +375 19,152 

S*P 97 16675 16475 16625 +375 1L3» 

0097 1*8X0 167 JO i*aao + 1 J 0 

Now 97 170X8 169X0 17CUB + jh 5688 

Dk97 T71JD 17025 17175 *1X0 1&6M 

SIS 3S5S ,71 -“ 171.50 *ara £35 

E&S 17 H? !”■* +0- 73 *3* 

Morn K.T. H.T. 17000 *0.75 11H 

Eel satecl2X06 . Pie*, sales : li.xn . - 
Pmw open ftrt^ 72624 up 2562 

,8J9 +4-17 

1BX4 18-25 18X0 +OI1 28.906 

\oS IP* I 151 +0-10 

1863 )846 18X0 +0JH 17.73 . 
18X5 1BLS4 18.62 *009 13X03 mf 

IKS I^ 52 T14 i + 0 x 9 sxaV 

I860 1054 1059 *009 2X45 

oven im. ; 1*5X85 0M314 ■ -- 

.;! - 

Apr 98 2130 
MOV 98 1090 
















Stock indexes 

w A lal^ 


37.506 tbs.- Opus per lb. 

5cp97 18450 16750 181X5 +1255 11.902 

Dec 97 161X0 15050 158.15 +8* 5X04 

Mor 99 )4&H 14050 144® +400 3.041 

Mav9l 13950 13*00 13950 +425 890 

Jff98 13400 13158 13*M +135 421 

Eff. safes 7.936 Tub's, safes TAN 
Tub's open M H.325 up 35! 


(8 pe+-s WMW-Mt 8 32ntb U Ha per) 

Sep 97 115-23 115-07 115-12 +04 498319 

Dec97 115-13 114-27 !i«9 + 04 3 M2S 

Mor 961M-3Q 114-21 114-23 + 04 16.186 

JUfi98 114-19 114*11 116-11 +03 661 

Eil.scte, l rue's, sates 404,195 
Tub's aoen W 552601 UP 231 SO 

Dee 97 
Mar «8 
Sep 98 
Dec 98 
Mar 99 


1 1J4XM lha.- cents per Rl 
O ff 97 11.58 11.45 HA* -0.10105.878 

Mar 98 11.77 11X8 11.71 -ftM 57X18 

May 98 1156 1156 1142 -0M HJ84 

JutTC 11J6 11^9 1155 UK 

Ep. sales 685 Tub's, mb* 5 JJ7» 

Toe's men Hit 177.746 w 16739 

sartumn- pts M IBB per. 

Aug 77 94J7 94J6 906 23J28 

Sep 97 94J7 945) tut +un 9X14 

0097 9434 9133 9*33 +001 3,944 

Est.sam NA Tue's.idkB 5376 
Toe's open int 40J33 0 « 603 



5wp77 10X52 103.17 lOXC +0.19 200679 

Dec 97 10256 10231 10233 +031 12620 

ESI. safes: 19&TI1. Prev.MteS: 162188 

7'mv.opntftte: 791399 up 7000? 


FF5 moon- ofcoMOO pel 

Sop 92 »M 9655 9A55— 0X1 
9*54 96X7 9648 -002 
96X8 9*40 96X0 -0X3 
9630 96J9 9*30-0X4 
96X7 9417 9*17 —006 
96X8 9497 9*98 -007 
9SX8 9478 9478 -MB 
Erf. sates: 82964 
open 254966 eft 2139. 

iTLlnUBon-pbof lOOpet 
Sm97 93J7 9133 9134 +4JX1 
DM97 9X79 9175 9376 +BX2 
9417 9113 94.13 
94X6 9441 94X2 +004 
9445 94X0 9463 +005 
94X1 9475 9475 +004 
94X0 9474 9475 +oE 
9170 9465 9465 +004 
Erf- sates 50264 Prer. safes: *5.775 
ftav.opm&iL- 362165 off 684 








(MAT1F) : 

0»eninL7227SupiX46. ■ . - 



« 87 - 0 +9X 

gL? Tt a jb * 

Mor 98 
Sep 98 
Dec 98 











Cominodlty Indexes 

dew - prnten 

1J36X0 - 1 

1X83 JO 

147X0 . 147.-- 


; Eco *»o^ tr 



' * "St 

™«h !■«*„■,;■, :* d ;i -ia ! 1 •■ 



!° n,e ^our/jJ^^S v ‘ 


'~~~™ Europe" 

PAGE 13 

To Profit 
In 1st Half 

Deutsche Bank Goes Shopping in France 

knicsa. ro> •..., . mi ‘ «uidJ> 

^^u n h'rh? r,l, < 
as > lc /narkeisj 

on Si • 

Oa^d Cole^ar 
nBc r; ‘ ^ 

was cir ih£. r . •' K, “i fit , 

.ofccib! ih^i .-.. --ovj\ij l 

** Ctenu^^'i 

fTte^r zh» J.-.--. .' rr ^r m. 

-■■ A ^I7.iniip>. 


ROME — Alitalia SpA, the 
• country’s troubled flag earner, 
- returned to profit in the first half 
of this year. Transport Minister 
Claudio Buriando said 

“Alitalia made a protit of 
around 10 billion lire,” he said. 

The Alitalia group had an 
after-tax loss of 1203 trillion 
lire ($683 .5 million) in 1996, its 
ninth consecutive year of losses. 
But die airline's commercial di- 
rector, Federico Nucci, said last 
month that Alitalia could return 
to profit in 1997. 

1 ‘This is a demonstration that 
our efforts to clean up the na- 
tional airline are producing big 
results," Mr. Buriando said. 

He declined to respond to a 
question about whether KLM 
Royal Dutch Airlines NV was 
interested in taking a stake in 

But he did say that the first- 
half results and the good results 
that were expected for die 
second half made Alitalia a 
“credible” potential partner 
for foreign companies. 

Last week, the European 
Commission cleared a payment 
of 2.75 trillion lire in state-fun- 
ded aid to Alitalia, imposing 
various conditions in return for 

The aid clearance, widely 
signaled in advance after the 
successful conclusion of nego- 
tiations between the commis- 
sion and the Rome government, 
included a requirement that the 
airline sell its bolding in MaJev, 
the Hungarian carrier. 

Payment of the aid will come 
in three installments of 2 trillion 
lire, 500 billion lire and 250 
billion lire. 

The first payment is due im- 
mediately and includes 1 tril- 
lion lire paid in June 1996, the 
commission said. The rest is 
conditional on the satisfactory 
progress of Alitalia’s restruc- 
turing plan. (Reuters. AFX ) 

By John Schmid 

Intemelienal Herald Tribune 

FRANKFURT — Deutsche 
Bank AG, Europe’s biggest bank, 
said Wednesday it wanted to expand 
by buying a bank in France and that 
it would do so before the start of 
monetary union in 1999. 

The expansion ambitions of Chair- 
man Rolf-Emst Breuer. only three 
months into his job, add a pan-Euro- 
pean dimension to the consolidation 
under way in the European banking 
sector, a trend that has accelerated as 
Europe's banks brace for competi- 
tion brought on by a planned new 
currency and a deregulated market 
“We are very interested in the 
French market,*’ Mr. Breuer told 
Bloomberg News. “We are taking a 
wait-and-see attitude now because 
we do not know what the attitude of 
the new French government will be 
vis-a-vis foreign suitors.” 

His remarks sent shares of French 
banks sharply higher. Credit Com- 
mercial de France, a private bank 
that many analysts say would be a 

logical tit into the Deutsche Bank London, Tokyo and Singapore, 
empire, rose nearly 8 percent to Deutsche Bank was unwilling to 
close at 282 francs ($46.13). disclose concrete takeover targets. 

Deutsche Bank’s own shares also and Mr. Breuer said no negotiations 
rallied, jumping 8 percent to close at had been held yet But he said he was 
126 Deutsche marks ($69.51). ‘‘hopeful” for such an acquisition 

126 Deutsche marks ($69.51). “hopeful” for such an acquisition 
“Germany and France are the core before the planned launch of the 
markets, and they want to secure their single currency, the euro, in 1 999 and 
position at the very heart of monetary confirmed that the bank began scout- 
union.” said Mat- ing around in 

tbew Czeplie- France before 

wicz, European Deutsche wants to buy that country’s 

banking analyst at . * .. . elections in May 

Salomon Broth- before the euro starts- and June that put 

eis in London. a Soc ialis t gov- 

Even as it sets eminent in 

its sights on further growth, Deutsche power. The government of Prime 
Bank is paying a price for its am- Minister Lionel Jospin, with its ideo- 
bitions. While the bank’s net income logical resistance to privatizations, 
rose 27 percent in the first half of the has stalled the search for takeover 

year, so did its operating costs. 

Those higher costs have promp- 
ted the bank to look for 1 billion DM 

candidates, Mr. Breuer said. 

“If the present government shows 
ir is more open to a purchase of a 

in savings next year, including a French institution by a noo-French 
radical reorganization of its trading institution, that would activate our 

operations. Instead of 35 tradin 
centers around the globe, the ban 

interests,” Mr. Breuer said. In the 
approximately six weeks since Mr. 

will pare those back to five trading Jospin took over, he has become 
“hubs” in Frankfurt, New York, “surprisingly” more pragmatic on 

Volvo Buys Rest of U.S. Truck Unit 

Bloomberg News 

said Wednesday it bad acquired the 
13 percent of Volvo GM Heavy 
Truck Corp. it did not already own, 
continuing its effort to make money 
in its U.S. truck operations. 

The name of the company will be 
changed to Volvo Trucks North 
America Inc., Volvo said. 

“We will gain through this trans- 

powers within the company. 

He did not say how much Volvo 
had paid General Motors Corp. for 
the slake. 

Volvo GM Heavy Truck was es- 
tablished as a joint venture between 
Volvo and GM in 1986. Volvo ini- 
tially had a 76 percent stake in the 
company and later increased its 
share to 87 percent. 

Volvo's truck division consists of 

Volvo GM Heavy Truck to start los- 
ing money last year. After closing a 
U.S. plant and hhing a new president, 
Volvo now aims to break even in its 
U.S. truck operations by year-end. 

Volvo's truck division posted an 
operating profit of 688 million 
kronor ($88.4 million) in the first 
half of 1997, compared with 1.08 
billion kronor a year earlier. 

By comparison, operating profit 

U.S.,” said Stefan Loremzson, head as well as Volvo GM Heavy kronor in the first six months of this 
of information at Volvo’s truck di- Truck. year. 

vision, adding that Volvo would Weak demand and management Volvo's B shares rose 6 kronor to 
now have full decision-making problems in the United States caused close at a record 219. 

SAP’s Profit Rises 56% on Strong Dollar 


WALLDORF, Germany — SAP AG said Wednes- 
day that its first-half profit rose 56 percent and that it 
would seek a listing on the New York Stock Exchange 
by the end of next year. 

SAP. the world’s largest maker of business-man- 
agement software, earned 582 million Deutsche marks 
($321 million) in the six months, compared with 374 
million DM a year earlier. 

The company said this month that its earnings would 

be lifted by rising demand from the auto industry and by 
a weaker German currency. SAP gets about 40 percent 
of its sales in the United States. It “has been positively 
affected by the dollar surge, ' ’ said Peter Thilo Hasler, an 
analyst at Bayerische Vereinsbank AG. 

SAP also said its supervisory board had approved 
plans to give its chairman, Dietmar Hopp, and his 
deputy, Hasso Planner, joint status. 

SAP’s shares closed at 431.30 DM in Frankfurt, up 
16.80. (AFX, Bloomberg) 

allowing privatizations, Mr. Breuer 
said. In Germany. Deutsche Bank has 
no plans to acquire any operations, 
Mr. Breuer said. That was something 
of a surprise to analysts after the two 
largest banks in Bavaria announced 
this week that they would meige. 

The fusion of Bayerische Ver- 
einsbank AG and Bayerische Hy- 
po theken- & Wechsel-Bank AG 
would create Germany's second- 
largest bank, after Deutsche Bank. 

Mr. Breuer criticized die Bav- 
arian merger as lacking an inter- 
national focus. 

“Our strategy is clearly differ- 
ent,” he said. “We want io be a 
globally active investment bank and 
a focused universal bank. These 
aims have only been affected peri- 
pherally by the formation of a new 
No. 2 in Gemiany.” 

As a “priority,” Mr. Breuer said, 
Deutsche Bank sees an opportunity 
to profit in France from a big shift 
under way on the Continent toward 
privately financed pensions that seek 
to reduce the dependence on state- 
sponsored retirement benefits. 

Looks East 

Coupled by Ow Stuff FnmDapaxtes 

MOSCOW — Telefonica de 
Espana S A confirmed Wednes- 
day that it was part of an in- 
ternational consortium bidding 
for 25 percent of ROA Svyazin- 
vest, Russia's telecommunica- 
tions holding company, but 
Telecom Italia SpA said it 
would not be part of a deal. * 
Telefonica said its interna- 
tional unit, USA, in a half-Rus- 
sian, half-international consor- 
tium, had paid a $400 million 
deposit to Russian authorities 
for the right to bid for the first 
$1.18 billion tranche of shares 
in SvyazinvesL 
Telecom Italia, which came 
close to buying a stake in 
Svyazinvest in 1995, said it 
would not submit an offer this 
time because tbe tenns imposed 
by Moscow would not give the 
buyer control over the com- 
pany's management or strategy. 

Friday is the deadline the 
Russian government has set for 
accepting bids. 

(Reuters, Bloomberg) 

; 4200 — P. 5000 — 

; 3960 f jf 4800 — 

m m — 

■ *■ 42D0 E 

i 3000 

I 3M0 f m a mjj^p ma mjj^' m a m j j‘ 

* 1897 



'&s :-Z 

Source: Telekurs latoniriiieul Herald Tribune 


iMmutiixuI Herald Tribune 

Very briefly 

• LVMH Moet Hennessy Louis Vuitton SA brought its 
slakes in both Grand Metropolitan PLC and Guinness PLC 
to above 10 percent, allowing the maker of French luxury 
goods to call special shareholder meetings if the two reject its 
merger plan. 

• Chancellor Helmut Kohl’s cabinet approved legislation that 

ii J -i 


Mg* Low done Prwv. 

High Low Oow Prey. 

High lom Otoe Pm. 

High Low dose Prw. 

Wednesday, July 23 

Prices lr load currencies. 

Mgb Low Oom Prw. 

■7. V 7-i'i ; „ 




< M '.ih 

r3J Amsterdam 


■ - "• Aegon 1C 

AJwid 74S0 

AkzoNoM 298 

.■ *7 Boon Co. 16730 

• - Bah Wesson 4230 

:• - CSMaa 10140 

Drafted* Pet 117.80 

. 05 M Z38 

%by<er 39X0 

J. ■’Forth Amev I0OSD 

’- Getranfcs 74J0 

T •- G-Broccw 75J0 

Hageaeyw 122 

• • Haneten 335 

J HooaonKCM 12160 

; : HurlDoMSftas 

ING Group 



^ » dGP 

FhBpsBec 16530 

i - ' 
i \ 1 

Roflnco ma 

Roranto 11930 

K Dutch 0430 

erevo 451^0 

Vendalrtf nsso 

VNU <7.60 

WateraKlcm 287J0 

AEXMnu 98MB 

Pmfaas: M8L62 

4930 49.90 4830 
15730 161 155 

*120 6i00 67.98 
289 294 

160 16330 15630 
41^0 41.90 4130 
99 JO 10020 99 

T13L00 11530 11330 
23030 23030 229,40 
38 3840 37.40 
97.10 9090 94.90 
7230 7280 7130 
7430 75 72J0 

11630 118 114M1 

32230 32630 319 

120 120JO 11830 
N.T. M.T. 9330 
10170 104 102J0 

7040 7060 7020 
46 4*30 45.70 
8430 8430 8380 
6630 6*30 *680 
338 34130 33430 
26130 2*130 258 

158L30 16110 15270 
10330 105 101.90 

221 223 22130 

20230 20230 197.90 
*580 6*30 6650 
20130 20130 198 

11830 11930 11730 
11230 11150 111.40 
44230 45030 4TA9Q 
11140 11330 11130 
4640 4670 4540 
275 27740 280 

Deutsche Bon* 132 
DeutTftebun 4170 
Dasdnur Bank 8930 
Fmaniu 3*3 

FmsMbMMed 154 
Fried. Krupp 31980 
Geha 120 

HddetbgZmt 167 

HfiflksJpa 10330 

HEW 455 

HocMW 8330 

Huxte) 88 

Kantadt 706 

Lnhmeyer 8780 

Undo 1375 

Lurthanso 36 

MAN 56*30 

Mamesmcnn 807 
Meta 220 

Mvn± direct R TOO 
Pnssog 565 

RV9E 79 

SAPpfd 431 JO 

Sdiermg 20730 
SGL Carbon 243 
Stem 12060 

5prin*r(A)ttO 1675 
Sonteuekfir 930 
Thwsen 41930 

Vena 10180 

VEW 570 

VtaO 783 

lMnwagen 1413 

Law dose Prw. 

123 126 11665 

4230 4170 4280 
8330 >380 8360 
3S5 3*3 

153 15290 

316 317-70 318 

115 11630 117.60 
156 156 16J 

9930 10280 10030 
455 455 455 

” 77 80l5Q 

83 3210 
678 *8830 68250 
8730 8730 86 

1325 1375 1283 

3530 3165 3435 
5*4 563 529 

797 807 793 

38 3830 3730 
217 218 

66S0 &&3D 

565 54&3Q 
7640 7830 7420 
424 431 JO 41430 
19630 20030 195 

240 243 24250 

11830 120.15 115J0 
1675 1675 
695 906 

41650 418 41030 

9980 101 JO 9935 
570 S70 585 

770 774 776 

1397 1402 1395 

SA Emeries 



140X5 140X5 























220 218® 



WffiarosHdgs . 













WPP Group 




CAC4W 888333 
Piwtoufc 2921-13 

21.15 8030 2077 2D83 

Kuala Lumpur ayfe nw? 

PTMMN 181B81 

AMMBHdgs 1480 1480 14.70 1480 

G«*ig 12 1180 1180 1130 

Mol Banking 26 2530 1175 2073 

Md (nBSbtp F N.T. M.T. N.T. 670 

PetntmGos PJS 585 9J5 8L» 

Rawls World 
Stow Den* 
UkJBi Sheers 


1480 1480 
12 1180 
26 2530 
N.T. M.T. 
PJS 585 
11.10 11 
198 294 

332 380 

8.15 730 

27 JS 2675 
IS 885 
11 10JO 
1080 1080 
19-20 1660 
8JD 110 

14.70 1480 
1180 1130 
25,75 25J5 
ItT. 670 
9JS 830 
11 11 
196 336 

148 384 

7.95 610 

» 27 

830 885 

10.90 1070 
1080 10J0 
19 1830 
110 8J0 


, Adv lirfoS* 

1 Bon^eokBftF 
Stare Cement F 
Stem Com BkF 
Thai Faren BkF . 



Kfodust Liver 
Htadust Pdtni 
End Det Bk 

rrc i 

linhn torTiil 

muitujkjnir to 

State Bk India 
Steel AutoOv 

TtaiEngLaco , 



234 204 210 22* 

244 238 240 238 

37 3225 3230 35.75 

410 400 402 406 

612 532 532 570 

139 125 125 133 

4335 3835 3835 4235 

56 50 51 5530 

148 138 - IS 145 

121 11 A 118 119 






Merita A 









KRdiodtt 3449.10 
Previous: 3421 JO 

4830 4830 
235 232 

51 50 

7730 7640 
2330 2230 
173 170 

4530 4430 

139 137 

42930 41430 
200 J9B 
10S 104 

135 133 

9030 8930 

^3? * 

235 228 

50 51 

76*0 7*60 
23J0 22 

172 14930 
4430 4450 
131 I3S 

425 423 

191 IS 
104 10330 
13 150 13180 
8930 8980 

Hong Kong 


Batoind ■ - 







Forth AC 



Gen Battue 
RnyiteBetaB - 
Soc Gen Brig 


92175 907 JS 919 92275 

1377 1337 134425 1335J5 

. 496 4B9J5 495 4B8 

• 97 93 9350 96 

51530 5DB 51330 50630 
280 26* 27735 26750 

361 34650 35930 346.75 
331 325.75 32950 32735 
3675 24 2435 24 

40BJ5 401 406 400.75 

BEL-20 tadw: 24013* 
Pravtaw 2S39J2 

16*50 16125 
80*0 7900 

9900 9700 
.•M» 3300 

7880 7830 

3*50 3*00 

©ffl Bleo 

3360 3310 
*110 *0*0 
ISB75.. 14900 
-16500 15850 
14000 W625 
5060 5000 
11500 11200 
3715 3665 
2Z773 22500 
15250 15050 
149000 145150 

16650 16100 
8030 7960 

9900 9660 

3375 SOT 
19175 19150 
2010 1975 

7880 7780 
3*50 35*5 
8520 80* 
3360 3305 
.6110 5990 
15000 14825 
16S10 15*0 
14725 145SB 
3710 5030 
11350 11180 
3700 3575 
22725 22100 
15050 15175 
147500 142S00 

. ■ » -irf 

BGBonk «s 

CalsbngB ' 374 

Codon Foes 7000 

- -- -■ -‘i auobo 

‘ T -BkBerfc 

Copenhagen -smmec*5229 


40S 391 395 387 

-374 3&8.70 3H 367 
1-000 . 960 KSJS 970 
434 3BS 395 393 

8 .788 771, 773 75537 

3 on® 42QH0 am am 
■3S0JSS 290000 290000 29IS0D 
270 250 25083.2*30 

775 . 749 7* 755 

■811- 780 7B&98 793 

»9 988 9« 970 

' *6 3M 399 393 

.416 404 m *S 

OS 429 430 422 

Frankfurt dumui 

PrvrteiL 423*42 

18*5 IBS I860 IBS 
219 210 JlO 2ia» 

AflomHdg 45*50 483 -49345550 

AflOBO 181 176 17X20 178 

-BkBeffc 41J5 41 41 JO 4020 

8A5F _ 71.95 7D 71 JO 68*0 

BorerHqnBk, 8050 79 79*0 7345 

Bay.WtEadbttnlt 125 112 115 95*0 

30MT 78 7675 7725 73*0 

.Boendot 93 . 91 92 87*0 

.Bcm 39*0 38 38 3750 

!8MW 1507. 1490 1499 1462 

CRAG Catopia 205 197JD 197*0 188 

Qnowzbank -66 61*0 - 65 *3 

OotarierBem 15320 148*0 14*0 14*20 
Deouua 55*0 . 9350 -S 91*0 



Henderson Ld 

HK CMna Gas 



liopcven Kdgs 





Oriental Press 
SHK Props 
SSi CMna Port 
Wharf Hdgs 




Bk Negara 








PfWtB B K 1544*29 

LID 8.15 a.10 

L5B 3220 32*0 
LSD 14*0 14.90 
US 7425 7150 
L20 75*0 25.15 
120 45.10 4420 
JO 4*40 4*10 
JO 46*0 4520 
.15 92S 9.15 

L95 1405 139 
115 117 114*. 

L35 8*0 8*5 

67 68 64*0 

i*5 16*5 1690 
*0 31*0 31*0 
115 2040 
*5 4*8 

67 6875 

L70 2375 

70 2290 22*0 
40 18*5 1840 
10 4920 48 

.93 2.93 293 

76 1.28 U2 

*0 90JS 

*8 L63 

JO 745 7*5 

70. 7JB 7 JO 
67 67 66*0 

70 3180 3140 
70 17*5 1740 

CfligiuiilH Imter 718.19 
P rar taa s : 711*4 

8175 8100 8125 8W 
1850 1825 1325 IBM 

1475 1425 U2S 1475 
9375 9306 2375 9275 
442S 4275 4300 4330 

5600 5450 5« 5M 

7575 7425 7550 7400 
9375 9200 9225 9200 

5025 4900 OH 
4000 3925 4000 3875 


ArndgaaMBiB 3160 33JD 33 33 

AngtaAuCpdl 361 2S8 259 259 

MM»Sp 26175 260 260 . 2*0 

250 248 251*0i 251*0 

197 m 1» 

1425 1420 14*0 .1 

5&2S 5675 55 

25J0 25*0 2540 

De Beers ' 164*0 163 16450 164*0 

32 3175 33*0 32*0 

39.15 39JQS 39*5 39J» 

1935 1890 1930 1930 

93 92 M 94 

Imperial Hdos “g -S “ 

2440 2390 23*0 

3,10 107 107 3*7 

^ w » ” 

14^5 US 14^ 146*0 

^ 17*5 1770 1770 T7J0 

9735 9*25 . 96 96 

noun T&58 IMS 1835 U35 


Si. SS S 

CaSroBi . 
De Beers 

Imperial Hdgi 










Abbey Natl 849 

AlMDanecq 4*4 

Aug jlon Ptater *os 

Argal *47 

AsdoGcwy 1*0 

Asaac Brftods 5.74 

BAA 4.06 

Bodays 1113 

Bass 847 

BAT tad 545 

BankSccSand 447 

HIM Cbde 438 

BOC Group 11*4 

Boots BJ9 

BPS tad 113 

MAerapp 13*5 

Brit Airways *46 

B G 249 

BrtLnnd 634 

Brtt Peflci 8*2 

BSJcyS 441 

BrtStad 1*9 

BrtTefesan 434 

BTR . 1.98 

BunoahCastrd 1045 

BwlonGp 1J7 

Cable Vmless 632 

CodbanrSchw 592 

CarftaQComra 491 

Carnal UNoo 457 

CenparaGp 6.17 

Owrirerida 3*5 

Dtaans ■ . 156 

EWnwi i i p i tt ilr 438 
Energy Group 6*3 

Enterprise M 492 

Forn Cutontal 1J1 

GeniAcdden} 9*2 

GEC 178 

GKN 1007 

GtaxnWcflciuBe 1377 

Gouda Gp 777 

Grand Met 6*2 

GRE 3L03 

GteenalsGp 460 

Gutamws 407 

GUS 642 

Haw 5 14 

HSBCHIdgs 2042 

Id 944 

InplTabacm 377 

Kfligflsher 736 

La&reke 2*3 

LandSec 9*7 

Lssnw 270 

Legal Goal Grp 4*3 

Liar* 758 Gp 454 

LucosVHfly 190 

Mrxfcs Spencer 498 

ME PC , 499 

Marairy Asset 1Z8S 

NdtocdGrid 2*6 

NaS Power 570 

NdWest 873 

Ned 7*7 

NaratcbUnlan 131 

Orange 2.12 


Pearson 6*2 

Pffl angtao 1J6 

PoifrsGa 795 

Pieader Fish* 502 

Prudential 5*8 

Ra&odiGp 7S9 

Rank Ga«p 3*5 

ReckBCeOn 9*2 

Redtand 299 

Reed tali 139 

RerfokJblta] 2.16 

ReateaHdss 634 

Ram 244 

RMCGmup 9*3 

RofcRoya 237 

toraiBkSart 6*8 

riiiM .. 1W5 

K 5 ”" iS 

tgssa .. .ts 

SmtNcwcasfe 1A 

Soot Power 

Secntcor . 2*5 

Swern Trent 9*5 

SMBTranpR 444 

Stem 10*7 

Smffli Neptww 1.W 

SraStiOoe 1277 


SK& ,S| 

Tots* Lyle 436 

Ten 431 

Thanes W/tor 812 

31 Group 491 

11 Group 5.19 

Tonddns JOB 

Untever 1739 

UMMtunaci 427 

DM News 7*8 

UtdUOIlB 7.15 

FKE 180: 487458 
?w tW i 481678 

8.19 8J9 8*8 

4*0 4*6 4*0 

7*0 8*3 790 

640 443 642 

146 146 146 

545 574 5*8 

597 403 593 

12*7 1177 12*0 
838 8*9 834 

536 5*2 5*2 

432 440 430 

417 4t7 4J9 

1072 1138 1070 
114 836 830 

107 in 3*8 

13.13 1334 1X10 
6.10 6*7 6*8 

241 241 2*0 

6*9 411 410 

XU 8J4 8J» 

428 4*3 430 

1*5 1*5 1*6 

434 439 422 

194 1.95 195 

10*0 10*5 1038 
1*3 1*5 1*1 

408 408 411 

5*8 5*4 5*3 

473 484 474 

442 47? 474 
411 4M 413 
2*9 2.99 Z99 

545 43 545 

4*4 435 435 

447 6*0 448 

487 491 4*6 

1*9 1*9 1*9 

885 8.99 888 

ISO 166 160 

993 10.03 9*8 

1141 13*4 1335 
7*5 733 7*4 

413 413 6*0 

295 299 290 

4*3 4*6 459 

5*8 5.99 555 

6 405 410 

£77 537 £78 

30.16 2033 1994 
933 933 932 

330 330 333 

7.17 7.17 7.12 

2*3 X60 2*8 

9*3 940 9*3 

2*4 2*7 2*3 

422 435 420 

6*4 483 431 

1*4 1*8 1*4 

5*5 5.90 &B4 

493 496 492 

1150 1277 12^58 
2*7 261 2*6 

5*2 5*7 5*1 

8*8 847 8*5 

7*0 7*2 7*5 

114 lifl 114 
208 211 208 
426 428 422 

630 470 670 

1*0 1*1 1*0 

7*9 7*9 7*6 




Apunj Banzton 





Ben Centra Hisp 






Gas Natural 




T efclu i ku 
vaenc Cement 






Mania BecA 

Metro Bank 




SanMlguej B 

SM Prime HdD 


Cana 0*0 

Erop MoOotxi 



GboFta tabu ran 




Ben Carre Hal 
Bm Rdeunan 
Ben eS Romo 
Crerfltn ttnfano 

Generafl Assfc 









Roto Boa 




BoNa tad nr 61276 
Pmtaas: 41216 

28450 27600 78000 27100 
1845 1780 1795 1825 

61X 5960 6000 608C 

8950 8750 886D 8650 

13190 IZ700 1X10 12810 
1510 1480 1500 1470 

76990 25000 25500 2*500 
6420 6300 6320 6200 

36710 35040 35250 35750 
4690 4385 4460 4570 

4940 4855 4W0 4825 

3790 3770 3765 3650 
8910 8510 8760 8700 

13650 12450 12480 12210 
1340 1300 1330 1325 

31900 30010 30370 30370 
1790 1705 1 725 17SC 

3370 3155 31 B0 3245 

6530 £300 6370 64Q0 

1510 1465 1475 1485 

8250 8010 8140 7770 

4225 4175 4210 4XS 
1265 1220 1230 1245 

257S 2530 2545 2545 

PSEtadac 2636.37 
Picvtow 2656*3 

18 18 1825 

22*5 23 2175 

155 158 155 

a® a8o 9 

81*0 82*0 84 

555 560 540 

6*0 £40 6.10 

229 229 230 

915 920 9S0 

57 89 JD 59*0 

7*0 7*0 7*0 

BeiH todae 478M2 
Prevtoau 4452.19 

54.90 SiX *5 JO 
21 JO 21*5 20*5 
38*0 39*5 39*0 
1104 1116 13*8 

4590 45.95 47*0 
54*0 56*0 54*0 
249 2*5 2*9 

34*5 35*0 34*0 
3260 3270 3X00 
10940 11*47 703*0 
19*4 19*4 19*4 

14205 15930 
4490 ISO 
6280 6100 
1485 1461 

2S7W 28900 
3615 3620 
9155 8850 
10570 10435 
6330 6385 
38300 S71M 
17800 16760 
Z7BJ 273J 
5860 5935 
8405 8170 
12905 12700 
1231 1242 

441 441 

26® 2535 
5OB0 5000 
15730 15665 
221® 230® 
147® 14S4J 
10710 10710 
4190 59S5 

Mr UguMe 











Christen Dior 

CLF-Dode Fran 

Credo Agricole 
















Permd Rlcard 










SGS Thomson 
Sta Generate 

954 930 

20650 20260 
970 939 

786 764 

405 394*0 
759 723 

1000 985 

282 255*0 
1137 1111 
4329 4215 

288 Z75J0 
300 265 

710 687 

1030 1006 

589 562 

1297 1297 
970 956 

608 673 

900 880 

£70 8*0 

6.9S £60 

744 721 

411*0 400 

819 805 

415 406*6 
1249 1225 
2571 2523 

1635 1605 

706 690 

379 366.10 
435*0 407.10 
311.70 305*0 
624 604 

2900 2770 
2620 2570 

187*0 •** 

25490 246 

575 554 

345 339.10 
1078 1MB 
538 523 

610 752 

3160 3070 

869 852 

17*0 16*5 
784 7Si 
172*0 164.10 
<15 593 

122 117*3 
419 397 

937 924 

205 200*0 

964 953 
779 im 

396*0 390*0 
748 715 

999 980 

274.90 249*0 

1137 1103 
4250 4185 

in 28X70 
282 261*0 
690 685 

1078 997 

563 577 


965 951 

<78 M3 
888 878 

8*0 &4S 

£75 6.70 

725 725 

«aio 401*0 
812 806 
406*0 398 

1Z36 1197 

2547 2485 

1626 1559 

XU <81 
366*0 366.10 
430.70 4024D 
311 JO 307*0 
616 589 

2840 2835 

2603 2514 

179 164*0 
1484 1697 

251.90 24490 

559 551 

343 336*0 
1073 1039 

526 514 

783 738 

3115 3149 

863 834 

17 JO 16*5 
772 767 

166*0 167*0 
611 586 

120® 116*0 
401 400 


Ertcsson B 
Hermes B 
Investor B 

SSH 1 *" 

5eanto B 

S-E BnnkenA 



Storo A 


620 628 
327*0 329 

341 344 

675 <75 

420 <27 

273 273 

264 271® 
291*0 293 

2® 263 

231 232 

173 175 

92 93 

321 334 

344 344 

231 232 

177 177*0 
132 132*0 
254 164 

215*0 219 

A80n>— tar: 268248 
Prevfoas: 2456*0 



Brambles tad. 

CC AmaS 

Gales Mper 



Goodman Fid 
ICI AuslraBa 
Lend Lease 
Hal AuslBaik 
Nat Mutual Kdg 
New Cap 
PacHfc Dunlop 
Pfoneer Inti 
Pita Broadcast 
Rfo TWo 

ssr’' 8 ** 

















26 . 10 























promises to deregulate and modernize financial markets in 
Germany. The new legislation would temper restrictions that 
hamper companies' access to fresh capital. 

• Compagnie Industrial! Riunite SpA said Carlo De Bene- 
detti, its chairman, proposed paying a financial settlement to 
close an investigation into an alleged case of insider trading. 
Public prosecutors in Turin are trying to determine if the 
holding company engaged in active trading of Olivetti SpA 
shares before Olivetti issued greater-th an -expected losses. 

• Russia’s gross domestic product is set to remain at 1996 
levels in spite of a reported increase of l percent in tbe first 
half, the Interfax news agency reported, citing a report by the 
Economics Ministry. President Boris Yeltsin said in March 
that GDP would rise by at least 2 percent this year. 

• Congo has sold diamonds to Antwerp-based Susskind, the 
first time in many years it has dealt with a company other than 
the South African giant De Beers Consolidated Mines Ltd. 

• Reuters Holdings PLC announced a 2.6 percent drop in 
pretax profits for the first six months of 1997 to £333 million 
($559.6 million) as the strong pound eroded its perfor- 

• Euro Disney SCA said third-quarter operating revenue rose 
8 percent, to 1.54 billion French francs ($250.7 million ), 
because of higher attendance and hotel occupancies. 

• Britain has appointed tbe accounting firm Price Water* 

house & Co. to advise it on the range of financial options 
available to revitalize the London Underground subway sys- 
tem. Reuters. Bloomberg. AFX. AFP 

The Trib Index Pnces aso13 - 00 PM Y °* “ rT,a 

Jan. 1. 1992 = 70a Laval Change % cfaonga yaar to do to 

% change 

World Index 1B2.10 +2:52 ' • +1 .40 +22.10 

Rejponal Indexes 

Asia/Pacific 132.44 +0.42 +0.32 +7.30 

Europe 193.12 +3.73 +1.97 +19.80 

N. America 213.94 +2.07 +0.98 +32.14 

S. America 174. 18 +5.48 +3.25 +52.22 

Industrial indoxas 1 

Capital goods 234.84 +4.13 +1.79 +37.40 

Consumer goods 202.04 +2.21 +1.11 +25.16 

Energy 199.10 +1.04 +0.53 +16.63 

Finance 139.27 +2.18 +1.59 +19.59 

Miscellaneous 181.12 +2.82 +1.47 +11.95 

Raw Materials 196.41 +3.68 +1.91 +11.99 

Service 170.35 +2.75 +1.04 +24.05 

Utmes 169.70 +3.43 +2.06 +1859 

The mtemaHonai Herald Trtbune World Stock index O tracks ttieUS. dollar values c i 
2BO memavonafy tnvesisble stocks from 25 countries. For mow mformaiem. g free 
booklet Is available by erring m The Trb Index. 181 Avenue Charles de GauBe. 

92S2t Afatodfr Cedex. Frt ag Compded by Bloomberg Newe. 

High Law 

12*3 1271 
28*0 27.90 
178 1.75 

1970 1942 
120 Z.I5 
6.18 A.08 

165 3*7 

5*3 4.98 

8*4 7*6 

21*9 21.10 

12*3 12*9 
28*0 27*9 
177 1.74 

19*0 19 JO 
219 214 

6.11 Ml 
3*4 3*7 

J <95 

7.99 7*4 

Mitsui Trust 



151 < 

75 : 

Mutate Mfo 









Nidgo Sec 



Ntap Express 
Nippon 03 
Nippon Steel 







Nomura Sec 















Ojl Paper 
Osaka Gas 

Sao Paulo 

BradocoPH 1 
BratmaPId E 
CeraigPM 6 
Cope! J 

EWrobras 59 
ttoutancoPM 66 
UghJ5endd» 56 
LtaMpar 47 
PrtrabrasPfd 32 
PwiBtaa Lie 20 
SdNodcrol 3 
SootOuz 1 
TstabrasPfd 16 
Tetenig 18 

Teteri 15 

TefespPfd 36 
Unflxnco 4 

IfetadnsPM i 

11.10 10*0 
825*0 829.99 
58*90 56*0 
72*0 71.99 
20*0 20*0 
565*0 556*0 
620*0 610*0 
548*0 540*0 
4S500 435*0 
312*0 306.99 
199*1 196*0 
X530 3130 
1002 9*0 

156*0 154*0 
178*0 180*0 
156*0 156*6 
342*0 346*9 
41*0 41*0 
1160 12*4 
23*0 2860 


Hyundai Eng.H 
Kn Mote 
Korea 0 PwrB 
Korea ExdgBkl 
Samsung Dlday 

CarepasdiiwtoC 730*8 
Prertans; 725*8 

100500 98000 98000100000 
7650 7450 7550 7500 

21400 20900 THRU 21000 
12100 11300 12100 12100 
27200 26600 77200 26900 
5150 4990 5060- 5060 

500000 492000 499000 498000 
38300 37500 37900 38100 
64400 63800 64200 <4100 
47000 46200 46B00 46100 
70000 68500 68500 69000 
10000 9400 10000 93® 


Orion Omtamf 
Era Bonk 
Formosa Plastic 
Hoo Nan Bk 
Inti Comm Bk 
Nan Yo Plastics 


Utd World Chin 




Stadi Mortal iadtoc 9381*6 

156 146*0 148 151 

29*0 718*0 1)9*0 127 

81 76*0 76*0 80 

41*0 127 130 176 

3140 30*0 3140 30.90 
132 121 131 IX 

68*0 <S 65 67*0 
34*0 134*0 124*0 133*0 
71 <6 66*0 70*0 

74*0 71*0 71*0 73 

19*0 110 113 UB 

142 133 134 139 

50 48*0 48*0 49 JO 
16*0 112 112*0 144 

67*0 <3 64 66*0 

NBM 225: 2813851 
PrevfooE 28157J2 


7JI 7 M 775 
141 1G X46 
1*9 9*5 9*3 

IM 196 W 
&2T £2 6,13 

108 113 110 

Ml 197 6*8 
2J8 Z40 2JS 

9*8 »** 930 

12 U4 Ul 
6J9 6*1 645 

9*8 1001 IOjOS 
4*4 £03 476 

195 198 3*5 

427 432 429 

17*2 17*5 1774 
7J8 739 777 

401 447 447 

2*0 2*2 147 

8« 197 072 
477 440 477 
9*4 1003 9*5 

174 ].» 176 

1208 1Z37 12.15 
7.48 7*5 7*0 

4*8 4*8 462 

702 775 776 

977 1CU5S 9*2 
438 429 423 
475 478 421 

a 807 802 
456 488 4*5 

5.11 *13 506 

152 303 305 

17.10 17J4 1706 
423 471 434 

6*9 6.96 6*2 

6*0 709 703 






Gaz Metre 

G+ West Ufeco 




'rtail 3S ConCkto 

Pwrer Cerg 


OwhecarB _ 





fagg pef Aail 

H a ratH I 
Pefe GecSvcl 

Storebrand Asa 

49 48 49 

27V4 2705 2770 
3945 3975 3975 
42¥t 41*0 42 

19*5 1814 18*0 

33% 32 3216 

42*5 4ZW 42M 
3Ztt 2275 3ZJ5 
20*5 20*5 20S 
1870 1805 1805 
37Vi 3716 37A 
34 Vi 3470 34Vk 
27.70 2740 2740 
970 9*0 970 
6840 67*0 68 

QBX Web 69845 
PlwtaeS! 676.11 

149*0 149® 1® 

191*0 193 189*0 

26*0 2640 3670 
30*0 3040 30X0 
147 147 148 

46 46 47 

437 438 436 

395 401 390 

290 290 386*0 

1® 142 136*0 

547 549 545 

378 406 370 

1 a 146*0 143 

144 144 140 

590 590 665 

48*0 4970 4&40 

Aria Ftac Bren 
Caries Pac 


.u— f opti on 

Fraser* Heave 
” Lnd 


Fgta wrHd ip 

»jg Air torero 
Sing Land 
Hng Press F 


UM tnUustaal 
Wing Toi Hdgs 

5*5 5*5 

5*5 545 

U20 1370 
1190 1240 
081 0*1 
2040 19*0 
478 470 
1070 1070 
2*7 2*0 

690 645 

3*8 3.56 

670 6*0 
376 162 
472 -4*6 
472 478 
15*0 1530 
9*5 945 

675 640 

7.15 7 

1180 1370 
755 770 

2810 2770 
180 176 
174 248 
2*8 2*7 

1.15 1.11 
1640 1590 
470 4.16 

5*5 5*5 

5*0 555 

14 13*0 
1270 1270 
0*1 0*0 
2070 1970 
474 448 

1070 1070 
272 2*3 

6*0 60S 

156 3*4 

640 645 
372 340 
492 494 
442 472 
1540 1570 
9*5 940 
670 645 

7.15 605 
1380 13*0 

7*0 775 
2770 2740 
178 176 
272 174 

2*8 2*8 

1.15 1.13 
164 1580 

4.16 416 

AsaN Bank 
AsahJ Gtas 
Bk Tokyo Mftsu 

BS Votohcren 





Dal rapp Print 


Da tea Bank 
Dated House 

Eizt JremiRy 

Fid Bank 

























Stockholm “JifiESSS 

PienueL 34029 







111 106*0 109 107 

m*B 109*0 170*0 109 

240 730 230*0 236 

156*0 153 15X» 151*0 

249 23850 239 241® 

296 292*0 293 292 



Honda Motor 






Japu Taboos 





KawassU H*y 
Kawa Steel 


Krin Brewery 
Kobe Steel 


L TCB , 

Matsu Conn 

Matou Elec tad 

Matou EtecWk 









2790 2730 2770 2770 

34M 3340 33® 

2060 2020 2020 
2000 19® 19® 2000 

2620 2600 2620 2600 
870 820 862 816 

1520 1480 1490 1510 

615 595 595 

1370 1340 1370 1... 
875 860 862 866 

8300a siBOo 8240a **»" 

2©0. 2000 2820 

5600a 5440a 5440a 5580a 
2630 2600 2620 2620 
4700 4&S) 4670 46® 
1660 1620 IS® 1640 
4740 4d» 4650 4690 
1690 1660 1670 1640 
1)30 1120 11® 11® 
1300 1270 1290 1280 
35® 3470 3510 3470 
1730 16® 16® 1720 
435 428 434 434 

575 571 571 

6950 68® 6900 
533 526 528 516 

88500 8750O 8830a 875DD 
35® 3470 3540 3440 
620 606 620 607 

2220 2170 2200 2310 
16® 1639 1630 169 

535 511 521 525 

345 331 335 345 

638 666 670 677 

11® 1110 1110 11® 

200 197 198 199 

8® 799 804 829 

515 501 5B3 

9420 92® 9290 
1990 1970 1970 «« 

536 533 523 S» 

509 SIM 507 

2050 2000 2010 

4760 44» 4530 4710 
2390 23® 23« 2370 . 
1420 1390 1410 13® 

1320 1290 13® 

345 329 331 

674 665 670 ... 

1710 7478 17® 7650 

840 639 B43 834 

795 783 794 790 

1810 17® 17® 17® 
1090 1070 io® ion 






Sanyo Elec 


SelbaRwy ' 

Sewn- Eleven 

Shikoku El Pwr 



Shizuoka Bk 


Sunfomo Bk 
Sural Chetn 


So mo Mend 
Soodt Trust 
TDK ■ 
Takai Bank 
Totto Martae 
Tokyo El Pm 
T okyo Electron 






Toyota Motor 



108® 106® 
835 825 

555 537 

343 332 

B15 790 

222 218 
1530 1490 

11500 1130b 
50000 <9206 
631 628 

301 297 

1610 1580 
17000 126® 
849 807 

4430 4330 

17® 1660 

518 503 

8860 8640 

5660 5630 

1040 10® 

1190 1170 

91® 8940 

1490 1470 

19® 1870 

640 632 

3370 3320 
1840 1810 

1260 1240 

7050 70® 

109® 106® 
1110 1020 
1890 1870 

499 494 

1950 1 9® 
295 289 

1220 1190 

3360 3310 

3470 3410 

9240 90® 

1970 1950 

1140 11® 

1460 14® 

2360 22X 

7020 6750 

297 294 

679 665 

13® 1760 

1910 1870 

7® 776 

738 725 

7810 2770 
935 930 

3S® 34® 

31® 3110 


Newbridg e Net 



Poncdn Petal 
Petra Cda 
Placer Dome 
Potato Sarii 
Rjo Aigom 
Rogers CanteiB 

SheiCdo A 
Talisman Eny 
Ter* B 


TbrDofn Bank 




Trbec Hahn 




28U 28J5 
69*5 70 

28X5 28® 
31>t 32.05 
137 JO l®te 

27 27*5 
23i- 23*5 
22Jf '.’J5 

12'. 2*5 

ltu 1041* 
34.90 35J0 
331 33X5 

2541 2545 
53*5 53N 

70*5 71*0 

X6to mi 
<1® 4i to 
78 28® 
SO 50.60 
25*5 26.10 
3dto 34to 
44*5 44*5 
1665 16* 

28 28 
69to 70to 

30.10 ®® 
616 6X0 

27 27.10 
92V6 9416 






Ftaghajen Iflflen 

V A Stare 
Wienerbetg Bau 

ATX tedBt 1452X8 


10® 1 043 1054.1 0102X10 
544*0 533 540.10 £27 JD 

35503464.15 34® 3455 

1679 16® 1662 1<14 

529.75 517*0 526 511 

1741 1670*5 17® 1656 

B78JO 864 873 

633 615 626 

2686 26® 2681 2565 
2665 2620 2665 2609 

Toronto tse hmmo ostg 


Wellington HZ5E^>kMtoe2«M*7 

Pmtoee; 2653*2 

AlrNZenJdB 4*3 645 4*1 4*s 

Brierty tail 1X6 1*5 1X6 1*4 

Carter hoO ont 3X4 3® 3X4 X® 

RdcfiCh BWg 445 4*4 4*4 4M 

FtetdiChElTT 4.91 4*7 4*7 490 

g^giFasf 1X9 1*7 1*7 1.96 

RetdiChPopcr 139 3*5 3*9 137 

LtonNaBiad 3*5 3*3 X85 3*0 

TefcoraNZ 7*3 736 7*3 7X8 

WtoaiHortoa 1IJ5 11 JO 11.70 11 JO 

AMU Cons. 
Atato Energy 

Alcan Alum 

Ander&B Exp) 
Bk Nan Sadia 

Bktdini Phann 

Erfper Group 

Franco Newda 

Laewen Grain 
Mood S'- 
Magna Ini 

1 1 ■ n i ■ ■ a i 


27*5 27X5 
31*5 31*5 
49® 49*5 

16.90 1&» 

57*5 57*0 
64*5 6416 

30.15 30X0 

42.15 41.90 

34.90 3416 
38 35*5 
32 32X0 

35to 35 
5116 5016 
40X0 40*5 
, 67 67*5 
34*5 34*5 
35*5 36 

41® 39*0 
39fe 3820 
30*0 29.90 
12*5 12*5 
3116 31.10 
31 3Dta 
23® 23® 
41® 42J0 
3 96 398 

27*0 27to 
23'* 23X0 
6M 62*5 
11.10 11® 
ax 47Wt 
4X90 40® 

50.15 50X0 
21J0 21® 

49 48*5 
19® 19*5 
90*5 89® 
12® 12*5 


Adecco B 


Od Setae GpR 
Etefebawafl B 




Oertrkn Boeti R 
Rkheamt A 
Roche Hdg PC 
Setilndter PC 
Zurich AuurR 

2320 2258 
575 566 

1414 1377 
2235 2201 
875 8® 

2300 2255 
3S25 34® 
1239 1205 
142 138 

1050 1033 
207 197*0 
541 539 

6825 6650 
4850 4680 
13® 1334 
598 592 

192S 1881 
24® 2365 
163 159 


2310 2292 
315 307 

14790 1442S 
429® 413® 
1870 1810 
3100 3010 
852 8® 

1175 1155 
7150 2117 
1890 1848 
60S 589 

2770 2270 

571 563 

1400 1387 
2220 2200 
575 875 

2266 2215 
3525 3400 
1230 1190 
141 133® 
1050 1005 
201X5 ma 
540 539 

6825 6655 
4850 *195 
U& 1313 
598 595 

1895 1875 
2446 2309 
161 163 

2015 2015 
902 BSD 
2310 2291 
314 315 

14515 14330 
421 405® 
1830 1825 
3070 3Q25 
846 830 

1145 H54 
7128 2095 
I®! 1828 
1698 1654 
1450 1381 
M0 580 

J_-_ ■ -■. ;J. * • . t : '••• .*- V> ; ^iST^ 

PAGE 14 

Wednesday’s 4 PJML Close 

The Associated Pirn. 

H^tS? 1M Oft YU PE 

1M LaM OK 


JO i3 If 


itt : 
list £T I 

- I 17 

JH |3 II 



JS 3 a 

Una 173 i 

Ufl r 

4 14 ?! 

’ • 6 

3 # M 5 

is = 



T-17'*' V 







i? *s 3 


i ¥ B|s p a 

& 3 S 

IM 7)H 

1 1 

SS ?a _ 
J&rK sr* 
Ja ^ 

® 55 

m ?«h ■<• 
m iiji * 

m «*■ »«* 

if rfi 

' Riir 

f vk *st 
« *5 

a«k <n 

B « 

as r ;i 

£33 S 

fif O •* 
ifl l S7*k ■ l 1k 

»a m 

U p’;| 

SV| Wk ith 

Sftb m •I** 

4M 4M *U 

an 7Ti t« 

ii | 

p ®T ,3 

Sfw iffi “ft 

m «t -h 

sa sa ,5 

n» jon -v, 

3* ,i£ 

h 4 'ig 


Hit it* na 


1 1 





<l r 

3 I 

: )i 111 










K 2 



■ - S 
4i u a 

»•! a 

■ fl | 

- 2 1 


Jjj f 



Iff 3 a 



^ !j£ 

$ $ k 







i i2JMk Si I RMnft Sta 

Qqe | HU Lff fad C* YW PE Ufelip low LM Of* | H* Lli StOdi Hr YU PE lfit Mg* Un Letts? 

, .iJg '! 1! 







42 ! 

18X13 K 


m B ® 

» z 
48 1 

a 9 ? 









S 3 ? 

m 3 rt 

in z9 n 


10 3 K 

2 * fl * 


'IS j 


m a o 

14 1 s 


l 9 J : 



■42 = 

r u _ 




i 8 | 











S 3 1 

Personal Stock 

Up |t*down^®Mign youifi personal 
stock portfoUo aind track its daily per- 
formance using the IHT site on the 
World Wide Web. ~ 4^' 

'<■ . .,f ;4'- ? ;V ;.• " • 

' * / > :Zr- “ *• v — 

#flh *U» UOA Eh Yld PE lStrto* Lw IP* Onx 

Dt> YM PC 1001 Kfh LOh 



















v r !*U:; 





M - (jh YU PE raW 

9* Wf *** 












;S g 

1 13 


A IM n dm TO -*ta 

ois a ® 

“Bit? ,|.g g: ga. * 

“ i B J* 1 1 ;£ 

m i3 e iB iK ^ ^r< 

I 9 E * £ 1 i 
i - a ia is la 3 

.a d n 

a p ~ 

jm 13 v 

P U 11 

Iff fl 

jg. © jg :S 

4 gj 4 ^m 441 k *| 1 Jb 

“§■ sS ^'*a 

if» ■** 

tar liS : Mn Mh m if*: 4 % 


_ .-a BlS 'I** 1 W* 10 “ •“* 

xaa r3 _ 55 u hm mu .h 
l3 u if sm Hvi jov. jiu .ik 

'■is 4Vfcff| 

IM 73 U 1 MM W. jS 
IJ U . * ip 1 *» 2 *h 

sa U S jfi: fJtt & ’*? 
J? fl a fff IS? :3 

5 :j 1 ^ii s fir's 

S 1 ! ® 'K is*. B 5 B 5 * .*a 
» p ® jK jR 

,jS t£ : a a iS ir ® .a 

■ U , W HU 17 V. I 7 Vk .Vk 

m u if ffi s» (» .1 

xu e * ^ 2a fiSk 1 fijt ■? 

,fl, 2 S ^ tsS if iS 

l ! is "sssras w ja- .-a 

Ip .sa & sa .u 

yi g i 3 gj* }|£ * 

i m Mi - 

zis y ff 
„ = « 

Su Sti Su. -j| 
.If .£■ 3s* r 1 * 

.z n SS iW ifs. j; 

■'s « ? & f 

Sill IF | PI 

mi «a ~ iiw iU i to. ik *.a 
i.*t ni i iH iS ink i$& *.a 


,jg ,| 8 li.K- B ii 

IS S3 I ^ g- g S 

9 S S 8 , 2 fdSL SR gfc. .* 

- — pi 1 Jw* 3 % tk 

■li 1 *7 ,S !ja !& !ft ;JS 

U 2 V rj (J A d<% 4 D«k n 2 

- I 'ra M jS 

- _ sffl SS 33 u 44 

lOn 1 . jrf 141 * IJVk 14 .V. 

% H : .1 1 b ia 

,a,a 7 .Ji !«• ik at \i 


i 4x: bs as 

«■ , 7 V. 

mu low 


1 44k 

I? & 


4^ s l 3£& 

i * % .ii .a ,a : a 

j* •* g W'K. fi a ec; :s 

1 JJ. ?3 ? ion if-i i!lf ■*; 
i»io ill . >n u ii'n. iiv, 

an [4 14 m 44-v 44H ii. 

■a ij a iia s?. ss. .*£ 

iK ,8Si .a 

'S H M 14*04 ilN'l* lli lug, .]V, 

s p fi nS ^5 aa aa x 

as s a 4 ^ u r a jo. .sa 

ia u . » in* up. uv. 

u* werf «• 

B, YM PC »«»>**» ^ 




* ft £ $ 

'-i :!? :e -n 





. ij - 
- . #■* ■ vj . 

« '.v 




» rsr -££■. 

1 ■':* 

I V 

4 9? isf£-. - 

n V-‘ ~*a 

• » - rS*. 
? i?:; -jg' 

., :>T 

i- — -: 

*.\S Sv^s** r: 
-» £=?r r ^ 

, si.* . 

■J i<V»-M *4 
■ > 

J >; ; *"? 

4 -i. 

*• " * +ZJT 


a fill 

;, J 5 ?.*.! 

.< , k S: i« ' % 

. ?;£. s 

45 ’3& 

* • *41 is- 

l’* ’• ■• »••«*■# a-- 

1 1 1 |- 

i it i ; 

II P. 

ir?jj «?[’ 

* 3; r #J 
t P * ? * t 

•■‘•V S’ ^ 

**Ei. ? 

■« •'* v- 


1 i 5 * v.i 

/> ?•"' j- 

4 ? •'. * 


"v ■ • ^ 

*■- i 

Investors Flee Cambodia in Aftermath of Coup 


By Seth Mydans 

New York Times Service 

. PHNOM PENH — John Mixen, an old 
Cambodia hand who has seen worse, is sticking 
it out. His restaurant here, the Wagon Wheel, is 
still ( 901 , although be may have to lay off half 
of his staff because business is so slow. 

, .“Hun Sen killed us, you know?’* be said, 
referring to the second prime minis ter whose 
coup two weeks ago has caused many busi- 
nesses to shut down and thousands of for- 
eigners to flee the country. 

; “And then executing people,” said Mr. 
■^Mixen, an American who is a veteran of the 
' wars in Vietnam and Kuwait. “That just 
doesn’t set too good.” 

. The coup was ail too much for Bert Hoak, 
the passionate proprietor of Bert's Books, 
who gave his heart to Cambodia five years ago 
when he came to help monitor elections, then 
had it broken this month by the coup. 

“I came, with the naive belief we were 
going to have an impact, help build a coun- 
try, ’ ' Mr. Hoak said as he shamed about in the 
musty stacks of Jhis used-book shop. “It was 
unforgivable to be that naive at that age.” 

‘ The big guns of the coup had barely fallen 
silent when Mr. Hoak, who is 46, decided to 
call it a day. He is selling his books for scrap at 

3 cents each, clearing out the IS tiny guest 
rooms that are squeezed into the top floor and 
onto the roof, bugging his friends good-bye 
and heading home to Buffalo, New York. 

“People looked to the foreigners,” he said, 
recalling the energetic mo biliza tion of in- 
ternational aid that helped 
create a fresh democracy “"""T"™" 
and fresh hopes in this Hun Sen H 
broken-country, at a cost of W1 , AM 1 

$2 billion. won, but h 

“We came in with an Jus COimty 
incredible show of ~ J 

strength: armored person- toreign mvi 
Ml camm. helmets flak ani ,| v B 

jackets, he said. And ' 

what have we got 10 show take a Ions 
for it? If we learned any- 1 , 

Uiing from all that money, Uie cotmtr 3 

it should be that foreigners 

can't do it for you." 

Mr. Hoak has another reason for leaving, the 
same reason tiiat has led many much bigger 
foreign enterprises to pull out their personnel. 

" ‘There ’s the danger factor, ’ ’ he said. “I’m 
going to be very, very happy to get out of 

Mr. Hun Sen may have won political power 
with his coup, but he has cost his country 
dearly in foreign investment. Economic ana- 

Hun Sen may have 
won, but he has cost 
his county dearly in 
foreign investment, 
and analysts say it will 
take a long time for 
the country to recover. 

lysts say it will be a long time before Cam- 
bodia resumes its slow entry into the in- 
ternational marketplace. 

One result of the normalization brought by 
the United Nations in 1993 was the tentative 
entry here of foreign companies, which were 
largely absent during the 
murderous years of the 
ay have Khmer Rouge in the Late. 

haa rvwt l? 7 ? 5 81,(1 ±en duJ ? n S 8 

w»i evil war that lasted 

[early in through the 1980s. 

J Despite difficulties with 

Stment, corruption, red tape and 

- ftjjv if wifi political uncertainty, for- 

s s*ty it wui eign u, vestment _ mosI 0 f 

time for it from Asia — had begun 

. to grow, from a total of less 

to recover. than $100 million in 1993 

to $2 billion last year. 

The setback to this gamble on Cambodia 
was dramatized by the sudden shutdown of 
the Malaysian -owned Naga floating casino 
the day after the coup, when its Filipino 
dealers fled the country. 

At the same time, most of the 35 garment 
factories that had brought in a flood of $33 
million in investment in the last year also shut 
their doors. Garment exports, one of the foun- 
dations for a new manufacturing economy. 

rose to $80 million last year, from just $4 
million in 1994. 

Caltex Petroleum Coip., believed to be the 
largest American investor here, announced it 
would stay in. the country but would scale 
back ambitious plans for expansion. 

Many of those who are leaving are people 
like Mr. Hoak who volunteered to help the 
United Nations prepare for elections and 
stayed on to make Cambodia a second home. 

Bert's Books became a landmark, the only 
good English-language bookstore in town, 
where browsers could pull a dusty paperback 
from the shelves and sit on the roof looking out 
across the Tonic Sap River at the palm trees 
aiid fishing villages on the opposite bank. 

Housed in what was once a brothel, the 
bookstore also became a popular guest house, 
where a single room with bath and extra-large 
bed could be had for $6 a night. 

Visits to die store came with a lecture from 
Mr. Hoak, who views tourism as an extension 
of the quasi-missionary work of his days with 
the United Nations. 

“Spend some money with the little people." 
reads a hand-written sign on his wall. “Buy a 
coconut in the countryside, buy some noodles, 
enjoy a fruit shake, have a meal in the market. If 
only rich Cambodians and foreign 'investors* 
profit, tourism will not benefit Cambodia.’* 

17D00 ■■ 2250 * 

■16000 ? 2200 A 

: : lam rff***- 

~Ar : 2100 
l400 t ’ " 'i; agO - 
- 13000 \ J- \ 2000- 

‘ 12000 F" M A"W J' J 1 1950 ' 

F M A M 

F M A M" 

So pi* 



The Baht 
To a Low 

Compiled by Oar Slag FivmDispactta 

BANGKOK — * Traders sent 
the baht plunging to another 
record low at one point 
Wednesday amid what they 
said was deepening disappoint- 
ment that the government had 
no plans to aid the economy’s 
liquidity with overseas loans. 

Other Southeast Asian cur- 
rencies remained subject to wild 
swings as liquidity dwindled 
■ and market participants turned 
increasingly cautious before an 
Asian central bankers’ meeting 
Friday in .Shanghai Analysts 
say the meeting could result in a 
pact by the countries to support 
. one another's currencies. 

Skepticism over the Thai gov- 
ernment’s economic plans since 
it floated its currency July 2 was 
growing, analysts said, as was 
. concern over the Thai financial 
sector’s problems. 

The dollar rose to 32. 10 baht, 

, its highest level against the baht 
on record; .but closed at 30.80 
'baht d^ripjareB with 30195 bahf 
Tu^diiS?, addafer said. 

"Analysts have said the baht 
' needs to strengthen to around 
24 to 25 to the dollar so that 
Thai interest rates can foil and 
the economy can poll out of an 
extended slump. 

They say the state needs to 
arrange a credit line of $10 bil- 
lion to $20 billion to maintain 
liquidity as foreign creditors re- 
fuse to roll oyer notes and loans 
because of high risks of default 
or of losses from currency 

Finance Minister Thanong 
Biday a said the state had no li- 
quidity problems and could not 
legally step in to bail out the 
private sec tor. “The government 
cannot just borrow to re-lead to 
the private sector,” he said, “ft 
is against regulations.” 

The private sector bolds $66 
billion of foe country’s $85 bil- 
lion in foreign-carren(ty debt 

A local analyst said confi- 
dence in foe baht also had been 
shaken by foe government’s nn-‘ 
willingness to ask Japan direct- 
ly for a muhibUhon-aollar cred- 
it line under International 
Monetary Fund guidelines. 

‘ ’People are fosappointed in foe 
financial support that has been 
arranged," he said.' 

(AFP, Bloomberg, Reuters) 

Seoul Pressed on Kia 

Groups Urge Action to Save Company 

Jakarta :- 
Woffington. 7 
wnMjt .» ■ ; 

Source: Telekurs 

Very briefly: 

lnmnaiiiwaJ Herald Trihone 


SEOUL — The government 
Wednesday faced mounting pressure 
on three fronts to keep the struggling 
Kia Group afloat, but analysts said any 
reprieve would be temporary. 

The ruling New Korea Party accused 
foe government of having a lukewarm 
attitude toward Kia and called for de- 
cisive action, while the militant Korean 
Confederation of Trade Unions vowed 
an all-out battle if the authorities foiled 

Adding to the tension, the credit- 
rating agency Standard & Poor’s Corp. 
announced it was monitoring five 
South Korean banks and might have to 
lower their ratings. 

The agency said its action reflected 
an overall deterioration of asset quality 
in South Korea, as demonstrated by the 
Kia crisis, and heightened industry 

The five banks, which S&P said had 
a combined exposure to Kia of 1.7 
trillion won ($1.9 billion), were Hanil 
Bank, Korea Exchange Bank, Korea 
First Bank, Korea Long-Term Credit 
Bank and Shinhan Bank. 

Finance Minister Kang Kyong Shik 
was scheduled to brief President Kim 
Young Sam on Kia’s troubles Wednes- 
day, ' but there, was jio - indication fie-, 
would propose any intervention. 

A bank anti-bankruptcy committee 
put Kia under protection last week to 
keep the group from defaulting on debt 
payments. Kia bad an estimated 9_54 
trillion won in debts as at the end of 
May, while its debt-to- shareholder 
equity ratio was 523.6 percent at foe 
end of last year. 

Kia ran into difficulty after a slump 
in domestic sales by its cannaking flag- 
ship Kia Motors Corp. and heavy cap- 
ital investment by its steehnalring unit 
Kia S teel 

Speaking on behalf of foe New 
Korea Party; a policy maker said the 
government’s “lukewarm attitude” to- 
ward Kia had to change. 

“The government should not stand 
idly by any longer,” Kim Zoong Wie, 
chairman of the policy committee, said 
at a party meeting. “It has to assume 
responsibility and make an aggressive 
effort to solve Kia's problems.” 

He added the government should act 
to prevent the credibility of Korean 
companies and financial institutions 
from suffering in world markets. 

The Korean Confederation of Trade 
Unions, representing 524.000 workers, 
vowed an all-out battle against the gov- 
ernment "if it doesn't directly come 
forward with steps to normalize Kia 
and foe automobile industry’s opera- 

“The government shouldn't sit back 
and rely on creditor banks to come up 
with rescue measures.” the union 

The outlawed federation opposes 
merging Kia with other conglomerates, 
saying that would do nothing to 
strengthen the companies' finances. 

Kia union members decided to col- 
lect 10 million won to help out their 
group and give up all holidays, the 
federation said. 

But analysts said the government 
would sooner or later have to recognize 
that the group had no future. 

“Ilfs on a life support system for 
now, depleting national resources," 
said Srve Marvin, head of research al 
Ssangyong Investment Securities. 
“Unless the government keeps it ar- 
tificially alive, it has no chance of sur- 
viving ou its own.” 

Separately, the Kia Group said it had 
raised an estimated 350 billion won in 
the past three days through cash dis- 
count sales of 47.766 vehicles. 

Yoo Young GuL president of Kia 
Motor Sales Corp., said the cash would 
be used to settle subcontractors' 
promissory notes and for emergency 

Share prices of Kia Motors, foe coun- 
try's thiro-biggest automaker, closed un- 
changed at 12,100 won on Wednesday. 

I'm! m«t- 

A worker inspecting engine parts at a Kia Motors plant. 

• Brunei signed a memorandum of understanding with 
Chinese Petroleum Corp. of Taiwan and Kanematsu Corp. 
of Japan to build a $1 billion refinery and petrochemical 
complex. The pact represented Brunei's first step toward 
developing its petrochemical industry, said Selamat Munap, 
deputy minister of finance. 

• Taiwan wi U restrict foreign investment in the local bourse to 
avert stock-price speculation by mainland Chinese capital, foe 
Economic Daily News said. Taiwan's Securities and Ex- 
change Commission, central bank and Finance Ministry de- 
cided that the authorities would look into the backgrounds of 
new foreign institutional investors. The move was aimed at 
stabilizing local financial markets and preventing an influx of 
Chinese capital into Taiwan’s stock market 

• Cathay Pacific, the Hong Kong flag carrier, will trim 350 
support-serv ices jobs as it prepares to move its operations to a 
replacement airport due to open in ApriL The job cuts are due 
to a restructuring in the company’s support services. 

• India's government was criticized by two main political 
parties for allowing Jeffrey Sachs, one of foe United States’ 
best-known proponents of free trade, to advise it on economic 
policy. The main opposition party assailed Tuesday’s decision 
by the government to accept advice from the Harvard Institute 
for International Development as a sell-out. 

• Japan's expected change in accounting standards to adopt 
foe “mark-to-market” accounting method will sharply affect 
corporate earnings, according to a study by Daiwa Institute of 
Research. In mark-to-market accounting, the value of a position 
is calculated from daily closing prices, immediately reflecting 
unrealized profits or losses on outstanding positions. In Japan, 
companies currently appraise their holdings of financial 
products on the basis of foe price at foe time of purchase. 

• Akzo Nobel NY bought the organic-peroxides unit of 
Sanken Chemical Corp. of Japan; foe price was not dis- 
closed. Organic peroxides are used as catalysts for high 
polymers such as polyethylene and acrylics. Annual demand 
in Japan is estimated at 1 5,000 to 20,000 tons. 

Return. AFP. Bloomberg 

Changes in Korean Rules Lure Foreign Investors 

Bloomberg News 

SEOUL — Foreign investors poured a 
record $4.46 billion into South Korea in 
foe first six months of foe year after foe 
government lowered barriers to invest- 
ment. officials said Wednesday. 

Foreign direct investment jumped 250 
percent from $1.27 billion a year earlier, 
foe Ministry of Finance and Economy said. 
Foreign investment in manufacturing grew 
25 percent to $1.11 billion. 

Officials said foal foe rise reflects the 
opening of markets in South Korea and the 
lowering of nontariff barriers since it 
joined foe Organization for Economic Co- 
operation and Development in December. 

TTie average value of a single invest- 
ment project increased to $8.76 million 
from $6.82 million a year earlier. 

The biggest investment was made by 
One Group Inc. of foe United States, a 
consortium of Korean-Americans. which 

spent $750 million to build hotel and resort 
centers on Cheju Island, off South Korea’s 
southern tip. 

Foreign direct investment in non-man- 
ufacturing ventures rose eight times to 
$3.35 billion. The government lifted re- 
strictions on retailing in July 1996, al- 
lowing foreigners to set up more and bigger 
retail outlets. One sach investor has been 
Carrefour SA of France, which spent $680 
million to set up a discount store chain. 

Asians Hail Regional Central Banks’ Talks 


SINGAPORE — A meeting of Asian central bankers in 
Shanghai on Friday is being bailed by currency dealers as 
foe region’s equivalent of foe Group of Seven summit 
meetings in the wake of weeks of currency tuimoil. 

“This meeting will be like foe G-7 equivalent for this 
region,” Chiang Yao Chye, an economist at CIBC Wood 
Gandy in Singapore, said. “There is the possibility of 
concerted intervention or a statement that they are willing 
to join hands to support currencies.” 

In a still jittery market eager to hold dollars rather than 
regional currencies, the meeting could be something of a 
watershed, traders said. 

: NOVELL: New Chiefs feature 

Continued from Page 11 

: it is that it’s all over the place in so many businesses now,” he 

i added. “Bm for Novell to recover, it has to marshal its 
resources and focus in laser-beam fashion on networking — 

i andberigihL” 

: ; Mr. Yoffie’s summation: “Eric Schmidt has a high-risk 

- venture on Ins hands.” 

; ‘ When Mr. Schmidt moved from Sun Microsystems Inc.'tD 

fwo counts b^S^ered Sjob, and that he took it. 
. Mr. Schmidt had been foe chief technology officer at Sun, 
where he championed foe development of Java, an increas- 
Npgly popular Internet programming language. Articulate, 
' Etfonnal and irreverent, Mr. Schmidt is known as one of the 
computer industry’s least-boring public speakers. 

And yet, Mr. Schmidt did, hot rave the credentials usually 
sought to manage a big,- troubled company. His predecessor, 
Robert ‘Frankenberg, who was forced to resign last August, 
Was a more conventional, manag er, but after an initial honse- 
' Cleaning he (afled to articulate a new strategy for foe drifting 
company. Sa foe board, rad. the search firm hired by Novell 
took a different approach. •' • 

; “The model oFgetting a. seasoned operating guy had 
already foiled,” said Alan Seiler, management director of 
Ramsey/Beiira Associates Inc., foe search firm. 

Novell “needs a stabilization plan,” observed John Young, 
foe board’s lead director and form er chief executive of Hew - 
lett-Packard Co. “But we also need some inspired insights to 
figure out where foe future opportunity lies. That’s why we 
chose Eric.” " 

; For his.part, Mr. Schmidt is candid about Novell’s current 
\ problems. Still, he insists that with Novell sitting on $1 billion 
f tn cash, corporate survival is not an issue. And he contends 
that the company is also in a position to play a central role in 
developing the software treated to enable computer networks 
to evolve into busted pathways of electronic commerce and 
everyday communication — a, broad field that, he says, is 
“one of the huge 'greenfield* opportunities in business over 
foe next few years;" 

Tokyo Backs 
Fuji in Film 
Trade Dispute 

The Associated Press 

TOKYO — Japan’s fair- 
trade watchdog said Wednes- 
day it had found no proof that 
Fuji Photo Film Co. had vi- 
olated the country's anti- 
monopoly law as alleged by 
Fuji’s rival Eastman Kodak 
Co. ' 

The Japan Fair Trade Com- 
mission said it had found no 
evidence that Fuji had re- 
quired distributors to deal 
with it exclusively or that its 
rebate system violated Ja- 
. pari r s competition policy. 

The findings follow a year- 
long survey of foe country’s 
film industry . 

The dispute concerns a 
U.S. complaint, on behalf of 
Eastman Kodak, tiiat Japan’s 
laws and regulations discrim- 
inate against imported pho- 
tographic film and paper to 
benefit Fuji Photo Rim. 

The U.S. trade representa- 
tive, Charlene Barshefeky, 
criticized the report, saying the 
commission “once again has 
issued weak and woefully in- 
sufficient recommendations " 
for addressing problems in Ja- 
pan’s photo-film sector. 

The need for fresh regional cooperation became ap- 
parent Tuesday when Malaysia announced that its foreign- 
exchange reserves fell 12.5 percent in the first two weeks of 
July. “This was a very nasty figure and just goes to show 
that in parts of the region there simply isn’t the firepower to 
protect currencies if there is another panic,” one Singa- 
pore-based trader said. 

Regional central banks have helped one another before. 
As foe Thai currency crisis intensified in May, the Monetary 
Authority of Singapore intervened to shore up foe baht. 

On Tuesday, Finance Minister Hiroshi Mitsuzuka said 
Japan would keep in close contact with Indonesia, Malay- 
sia and Thailand to promote stability in the region. 


1 6, Avenue Marie-Therese, L-1330 Luxembourg 

Nona: to all unitholders 

The Unitholder* of GUcarrcncics arc herewith notified of the 
decision taken by the Management Company to amend, hem c) 
of the investment policy and hems a) and cj of the investment 
refirirtions of the fund Le.(o reflect the countries in which the 
fund actually invests or intends to invest i-e.: 

“the limit of 10% foreseen in a), mentioned above, can be rased 
to a maximum of 35% if the transferable securities arc issued or 
guaranteed by a El' Member Slate, by hs local authorities, by a 
government in the Americas, Europe and Middle East, Asia. 
Oceania or Africa or by public international bodies of which one 
or more EU Member States arc member*’' 

This decision will lake efTeel one month after ihe present 

CtticnrraacJe^ S.A. 

Peter Cotrams L 
PrfutMBl rramr ■ 

.tasssio l&ni2S9fe 


He sownt® 

ft fcfad HDUISO 

Spot 'HF31007 

Sukudmi mom 







Sefetifoe of Mmged Aceounu 
Anatys& br AH Uajot Muiets 
£x*a ition Fom or Futures 
Toting Software I Price Data 
Spot FX 2* Pip Pnce Spreads 
Futures 572-S55 Par Ftotino-Ti/m 

ftfaw H0015&0 


bn* mittoraz 

Imrefaw* C80M532 

Perkgd Qsnras 

Seeks DO TOIS 


HOOLSSO ■ Bred 00RUKJ3I3 Oomrt 8001612 
US09BW femOHBranOlJ Gam 0IJK3M6 
mifflOKQ ' Mr 167875928 kp m JOJllStfB 
C0OK552 MakB 930008113 MMk * 06022*57 
050112632 80000301 Ssfiea 1*009*87 

Annual Reports 

Further to the two advertisements which appeared 
in the International Herald Tribune on June 26 and 
July 7, please send me the Annual Reports for the 
following companies or e-mail your requests to 
Aimual-Report@iht .com 

1 □ Cogema 5 □ Skanska 

2 □ Dexia 

3 □ Lafarge 

4 □ Modo 

6 □ SKF 

7 □ Statoil 

8 □ Union Bancaire Privec 

Name (Dr/Mr/Mrs/Ms) 

First name 





E-mail address: 



Mail or fax this coupon to: 
Monica Barron 
International Herald Tribune 
181 Avenue Charles de Gauile 
92521 Neuilly Cedex, France. 
Fax: 33(1)41 43 92 12. 

PAGE 16 


PAGE 17 

mEsunomM*. « 

PAGE 18 


. *>, 

; i. 

THURSDAY, JULY 24, 1997 

World Roundup 

Agassi Loses, Again 

tennis Justin Gimelstob became 
die latest player to oust Andre 
Agassi in a first-round match this 
year, taking out the seventh seed, 7- 
5, 6-2, in the Infiniti Open in Los 
Angeles. Agassi, ranked 3 2d, has 
lost in the first round six times in 
eight tournaments this year. 

“I still find I'm getting a lead 
and not remembering how to win,*' 
Agassi said. 

Gimelstob played for two years 
at UCLA before turning pro last 
June. He won the NCAA doubles 
title last year. (AP) 

• The French Open champion, 
Gustavo Kuerten, crashed out of 
the Generali Open in Kitzbuehel, 
Austria, on Wednesday, losing to 
Reman Gumy, 6-1, 6-3. ( Reuters ) 

Cowboys Settle Lawsuit 

Dallas Cowboy players Michael 
Irvin and Erik Willibins have settled 
their defamation lawsuit against 
KXAS, a Dali as -Fort Worth tele- 
vision station, and Lin Television 
Coip., but no details of the settle- 
ment were given. The suit stemmed 
from the reporting of sexual assault 
allegations made against the two by 
Nina Shahravan. The police cleared 
the players, saying the accusations 
were unfounded. (AP) 

Bowls’ Alliance Expands 

football The Sugar, Orange 
and Fiesta bowls have been named 
to join the Rose Bowl as part of the 
Super Alliance in a four-year pact 
that begins after the 1998 regular 
season. (AP) 

Marathoner Is Suspended 

track The Spanish athletics fed- 
eration has suspended Pablo Sierra, 
a marathon runner, for six months 
after he made accusations that the 
world marathon champion. Martin 
Fiz: his couch. Sabmo Padilla; and 
the Spanish athletics federation 
president, Jose Maria Odriozola, 
had colluded in drug taking by many 
of Spain’s top runners. (Reuters) 

The Price for Ronaldo 

soccer Inter Milan's president. 
Massimo Moratti, announced 
Wednesday that he would be meet- 
ing Barcelona officials in Zurich on 
Tuesday, in a bid to resolve their 
transfer dispute over Ronaldo, the 

Daly Back on Course 
After 6- Week Layoff 

Troubled Golf Champion Makes Return 
To Competition at the Harford Open 

The Brazilian striker Ronaldo 
showing off his new team jersey. 

20-year-old Brazilian striker. Foot- 
ball’s ruling body, FIFA, cleared the 
transfer Tuesday , but said Inter must 
pay more than the $27.6 million 
penalty clause in Ronaldo's con- 
tract. The two clubs have until July 
3 1 to agree, or FIFA will set a fee. 

Ronaldo will make his Inter de- 
but Sunday in a friendly match 
against Manchester United. (AFP) 

By Clifton Brown 

Ne w York. Times. Senior 

C ROMWELL, Connecticut — 
John Daly hits a golf ball a 
very long way, but his life has 
sometimes spun off coarse. 

So as Daly returns to competitive golf 
this week at the Canon Greater Hartford 
Open in Connecticut, he is beginning 
another chapter in a successful but tur- 
bulent career. After a six-week layoff 
that followed his abrupt withdrawal 
from tiie U.S. Open, Daly is back, look- 
ing trimmer, happier and healthier. 

He attends Alcoholics Anonymous 
meetings regularly, and be plans to at- 
tend such meetings in the Hartford area 
this week. A diet has dropped Daly's 
weight to 198 pounds (83 kilograms), 
the lightest he has been since 1991, and 
as Daly talked easily Tuesday in the 
clubhouse of the Tournament Players 
Club at River Highlands, he looked like 
a man without a care in the world. 

He made no promises. But this time, 
Daly said, he believes he is ready not 
only to play great golf but also to stay 

“I feel good, 2 feel fresh, I feel 
ready,” said Daly, who teamed with his 
close friend Fuzzy Zoeller to win Tues- 
day's skins game and a check for $8,000. 
which was donated to charity. “I've got 
a lot of friends out here who drink, but 
they won’t drink in front of me. 

“Fuzzy drinks a little bit. but he told 
me, ‘I’ll never drink in front of you 
again.* That's the kind 'of people I need 
to be around.” 

After a six-week stay at the Betty 
Ford Center for treatment this year, 
Daly returned to the PGA Tour on May 
29 for the Memorial tournament, then 
played the following week at the Kem- 
per Open. But at the U.S. Open on June 
1 3. Daly walked off the course after the 
ninth hole of the second round without 

Later, he said he was feeling ex- 
hausted and experiencing shaking spel Is 
that he attributed to anti-depressant 

**I should’ve never tried to play three 
weeks in a row when I came back, 
because 1 wasn't ready,” said Daly, 
who hates flying so much that he drove 
more than 18 hours from Memphis for 
this week's tournament “You can't 
play golf with the shakes. It was 

Since the U.S. Open, Daly has spent 
time at a health and nutrition center in 
Orlando, Florida, and his habits have 
changed. Previously, he would drink six 
or seven Diet Cokes during a round of 
golf; now, Daly has changed his diet 
and he feels it will help hxs health and 

“Now, I’ll just drink water on the 
course," Daly said, "and I haven't had 
a cheeseburger in six months, which is 
unbelievable for me.” 

Daly said he has been sober since 
March, but it has been a difficult year. 
His second wife, Paulette, filed for di- 
vorce in April. 

But on May 27, Daly signed a re- 
ported $10 million contract with 
Callaway Golf, and the company’s 
chairman, Ely Callaway, also paid off 
Daly's casino gambling debts. Daly did 
not say how much he owed, but he said 
Callaway’s support had lifted a heavy 

“It has been like a miracle,” Daly 
said. “I couldn't have gotten any lower. 
Callaway's an incredible man. Family 
comes first with him. A lot of people are 
judgmental about him helping me, but 
they don’t know what an alcoholic goes 

“When I quit drinking, I started 
gambling. It's called cross^addiction. I 
was going to pay the debts eventually, 
but he made them go away so I wouldn ’t 
have to worry about it.” 

These days, Daly hopes to focus on 
golf, and few question his talent. 

Daly, one of the game’s most cha- 
rismatic players, became a celebrity by 
winning the PGA Championship in 
1991 in stunning style at age 25. and he 
won the 1995 British Open at Sl An- 

Still only 31. Daly believes his best 
golf could be ahead of him, and he is 
eager to challenge the under-30 golfers, 
including the 1997 major winners. Tiger 
Woods, Ernie Els and Justin Leonard. 

“What those guys are doing is great 
forgolf," Daly said. “I'mgladlgottwo 

A jubilant Neil Stephens crossing the line Wednesday to win the 218.5-kilometer stage in the Tour de France. 

Australian Toils to Top in Tour 

majors when I was in my 20s. I know 
how special that is.” 

B UT WHILE enjoying golf, 
Daly also hopes to enjoy life. 
Daly, who tried alcohol for the 
first time when he was 8, said he 
had learned to avoid certain situations. 

"I would love to go to Milwaukee 
again, but 1 couldn't handle driving on 
the interstate up there and smelling the 
breweries," Daly said. 

“I can't go to a bar. I can't be around 
iL Every time I 'm around it, I get a funny 
feeling. 1 used to go to the bar to see how 
1 would act. That wasn’t very smart The 
more I did it, the more I wanted to drink. 
People in the program say it’s a miracle 
I stayed dry for four years. That shows 
how much willpower I’ve got” . .. 

Daly has faltered previously in his 
effort to give up drinking.- and he has 
had several absences from the tour. He 
was suspended in 1993 after quitting 
during a round of the Kapalua Inter- 
national. After fighting with a 62-year- 
old spectator in August 1994, he agreed 
to sit out the rest of the year. 

“It’s fun to be out here," Daly said. 
“It’s not fun when someone says, *Hey, 
Daly, you played better when you were 
drinking.’ But I am a drunk, and I'll 
always be one. As long as I don't pick up 
again, that's not a bad thing to say. At 
least I admit it. 

“Why will this time be different? I 
don’t know. That’s why they call it day 
to day. But I know there are people 1 can 
call when I'm having a bad day. I've 
learned that you cannot do it alone. This 
is the first thing in my life that I won’t 
try to do alone." 

By Samuel Abt 

International Herald Tribune 

Whiten, on Bail, Joins Yanks 

The Associated Press 

MILWAUKEE — Mark Whiten re- 
joined the New York Yankees on 
Wednesday, freed on $10,000 bond 
while a Milwaukee prosecutor decides 
wherher to charge him with sexual as- 

Whiten, 30, wasn’t in the starting 
lineup for the game against Anaheim at 
Yankee Stadium, but New York’s man- 
ager, Joe Torre, said he wouldn’t hes- 
itate to use the outfielder. 

“I didn’t think today was the right 
day," he said when asked why Whiten 
wasn’t starting. “He hasn't taken bat- 

ting practice in a couple of days.” 

A 3 1 -year-old woman accused 
Whiten of sexually assaulting her on 
Saturday in his hotel. 

The woman was taken to a mental- 
health complex for observation after 
contacting police, the Milwaukee Jour- 
nal Sentinel reported Wednesday. 

The woman's credibility will be the 
central issue if Whiten is charged, the 
player’s lawyer, Stephen Glynn, said. 
Police said Whiten contended the sex 
was consensual. Assistant District At- 
torney Gale Shelton is expected to de- 
cide on possible action this week. 

COLMAR, France — Neil Steph- 
ens, a 33-year-old Australian who has 
spent his long career as a professional 
bicycle racer working for others, went 
into business for himself Wednesday. 

The result was a victory for free en- 
terprise and for Stephens. He concluded 
the 16th stage of the Tour de France with 
a big smile on bis face and a son of 
victory dance in the saddle that re- 
sembled a man rocking a cradle. 

“Hiat was for my wife,” he ex- 
plained. “We had a child four months 

ago and since then i 've been looking for 
a victory to dedicate to.our daughter." 

If Stephens has been. practicing a vic- 
tory gesture, he has had many years to 
get it down pat As a domesiique , or 
worker, for such leaders as Alex Zulle, 
Laurent Jaiabert and now Richard 
Virenque, the Australian has rarely had 
a chance to shine near the finish line in 
any of his six Tours de France. 

But Wednesday, with the 84th Tom- 
decided as it heads for its finale in Paris 
on Sunday, was the servants’ day off. 
Stephens, who rides for the Festina team 
and is prominent with his long, blond 
ponytail, made the most of it during the 
2 18.5-kilo meter (136-mile) journey 
from Fribourg, Switzerland, to Colmar, 
a picturesque city in Alsace. 

“This is the first time I’ve had any 
freedom in the Tour,” a delighted 
Stephens said. “Other years, when I 
was riding for ONCE, I was protecting a 
leader. With Festina, the team is going 
so well, they didn't need me today.” 

That was an allusion to ONCE's ha- 
bitual collapse in the Tom despite such 
major riders as Jaiabert and Zulle, 
ranked first and second in the sport. 
Stephens rode for the team the previous 
five years. It was also a nod to Festina's 
power in this race, as shown by 
Virenque’s second place overall. 

The Australian broke away alone from 
a 13-rider lead group with about four 
kilometers to go and sailed smoothly 
over wet streets to win by three seconds. 
That was more than enough time for him 
to glance back over his left shoulder al 
his pursuers, zip his jersey, thrust up his 
arms in victory and then rock the baby, 
Maialen, or Margaret in the language of 
his Spanish Basque wife. 

In the first major victory of his 14 
years as a professional, he was timed in 

4 hours 54 minutes 38 seconds, or a 
swift 44.4 kilometers an horn (27 mph). 
Second was Oscar Camenztnd, the 
Swiss national champion and a rider for 
Mapei, and third was Slava Ekimov, a 
Russian with U.S. Postal Service, both 
three seconds behind. 

Overall, Jan Ullrich, the man in the 
leader’s yellow jersey, enjoyed an un- 
challenging day. The German, who 
rides for Telekom, was cheered by thou- 
sands of his compatriots in the immense 
crowds that stood en route in occasional 
rain and chilly weather. 

Ullrich, who comes from what was 
East Germany, now lives in Merdingen, 
a village in Germany across the Rhine 
from Colmar, and all 2,400 of his neigh- 
bors there must have Rimed out to hail 
him at the arrival. With nearly all the 
rest of the I43 r man field, he finished 
3:58 behind the 13 leaders, which made 
no difference at the top of the overall 
standings of least elapsed time. 

Stephens, for example, started the 
day in 57th place, 2:18.29 behind Ull- 
rich and advanced to only 55th place. 
That is roughly his norm in the Tour de 
France, where his highest placing was 
49th last year. As a domestique, he 
usually spends so much time working 
for his leader that he finishes a daily 
stage exhausted and far behind. 

Not this day, though. Or at least not 
this afternoon. But this morning, before 
the riders set off to the traditional 

rin ging of Swiss cow bells, he reported! 
that he was not feeling well. 

Since this was the fust stage in a week 
to offer a chance to nonclimbers, many "^7* 
attacks were expected. Nobody was dis- 
appointed - \ 

Attacks started early and kept coming ' 
once the initial group was caught. 

On the first of three minor climbs, 
when more than a dozen riders jumped.: 
ahead near the summit, Stephens said, “I ' 
went after them bnt it didn’t work. When ' 
we were caught, I attacked myself." He;, 
had to attack again later but finally broke * 
clear with a dozen others — notably., 
Peter Farazijn of Lotto, Cainenzind and ~ 
Bobby Julich of Cofidis — on the des-"] 
cent from the second climb. 

After all the earlier attacks, this was* 4 
what the riders call the good one — 

, meaning that the pack let if go. -One * 
reason was that 13 of the 22 teams in the- j 
T our were represented- and They 'were- - 
mainly the big ones. Why chase your** 
own man? 

With about eight kilometers to go,. 
Farazijn decided to celebrate Belgium's •» 
national day by trying to ride to solo * 
victory. When he was thwarted, Steph-., 
ens bolted away to the biggest of his 38.- 

In addition to the glory, his first place , 
added 50,000 French francs ($8,300) to M , 
his teammates’ treasury, more than . ; 
Stephens’s entire former team. ONCE, , 
has won thus far. 

a SB"’ 



ies: - 










i KL‘ 

Cuba Bans Baseball Player, 
Charging He Tried to Defect 

The Associated Press 

HAVANA — Cuba has perman- 
ently banned a player and three 
coaches from baseball, charging they 
made several attempts to leave the 
island to join a professional team in 
the United States, official media re- 

Three other players were suspen- 
ded for an indefinite period, but could 
return “depending upon their future 
conduct,” the National Institute of 
Sports, Physical Education and Re- 
creation said in a statement published 
by the Communist Party daily, 
Granma. The sanctions were adopted 
by the National Commission of Base- 
ball against players and coaches of the 

team from the central province of 
Villa Clara. 

Cuban athletes receive government 
salaries similar ro those of average 

The player expe I led Tuesday, Jorge 
Luis Toca, was the first baseman for 
Villa Clara. The sports institute ac- 
cused him of attempting “to leave the 
country with the idea of becoming a 
professional player" and accused a 
coach, Orlando Chinea, of helping 
him. It accused the coaches Pedro 
Jova and Luis Gonzalez of allowing 
Toca to establish contact with “trait- 
ors to Cuban baseball” — an apparent 
reference to Cuban players who have 
defected to the United Stales. 


'it.-: ' 

$ editor. ■ 

‘ ' ' brey- ' : 

tig heat 

■“^SNBisBiional H 


■.book, he savers the 1 99§.pr§ bicycle 
.» racing seaian - one. of the most drama- ' 
*“ A **- - aridsppw of 

tes.the . 
s arid the peers in 

thie wbftd-V% ^ . 

. ivC 


' everywhere ; 

Motorboofe Itternational, P0B 1,\ 
Osceola, Wfe^ns^USA 54020 , S 

be ordered thi 





Major League Standings 











New York 














14 1 * 
















MHwtwkm 45 50 .474 8 

Minnesota 45 52 MS 9 

Kansas Ofy 38 56 iU 14 'h 






































New York 


























St. Louis 
















SanFrandaca 56 44 560 

Los Angeles 53 47 .530 

San Diego 46 52 480 


46 55 .455 10W 


Seattle 601 02S M0-2 4 1 

Oewriutf IT0 002 Hi— 6 10 6 

Fossae, Hurtado (71, Lire (61 and 
Do.WBsJn; HersMsee Weathers (6), 
Assenmocher (8). M. Jackson (81 and 
Borders. W— Weathers 1-1. L — Fassera 8-6. 
Sv— M. Jackson (14). HRs-Sectlfe R.Davfc 
U4), Craz Jr (I I). Cleveland. Justice (19). 

Mitwmfcee 0M Ml 100-2 5 1 

Taranto IN 0M «x— 3 4 1 

Ektred, Fetters (7) and Levis; HoiDgea 
Piesac (8). Escobar (91 and O'Brien. 

W-Hentgen- 10-7. L-Eldred, 9-10. 

Sv — Escobar (31. HRs — Milwaukee. NBsson 
(13), Mieske (31. Toronto S. Gwen (12). 
Anaheim 000 OM 020-2 5 0 

Near York 150 030 POot-9 12 0 

D -Springer, Grass (5), Sh.wn&ams (6) and 
Leyrtfc- Cana Uaytt (8) amt GirardL 

W— Cone. 11-4. L— D. Springer. 5-4. 
HRs— New York. P. Kelly CZ>- OTtett (13). 
Oakland ooo b» oafr-3 9 1 

Batten Ml 2M Oita— a 12 0 

Karsay, MaMer (6). □. Johnson (7). Groom 
(7). A. Small (8) and Moyne Seta B. Henry 
(7). Slaarmb (9) and Hahebeig, Stanley (8). 
W—B_ Henry, 3-2. L-Groom, 1-2. 
Sv-Stocumb (16J 

Chicago 000 m 000—3 8 0 

Detroit 833 DM fix— 4 jf 0 

□.Darwin, McEHoy (3). KarChner (71, T. 
CasIHIo (8} and Fabregas; Moehkta MJcefi 
(7). M. Myers (7), Brocofl (8), ToJoiWS (9) 
and Casanova. t W— Moehter. 7-8. L— O. 
Darwin. 4-8. Sv— ToJones (17). 
HRs— Detroit, Hlgginsan (16), To.CJork CM). 
Kansas aty odd 011 OOO— 2 9 0 

Minnesota IN 010 US— 3 9 0 

Rosado, Olson (7). Carrasco (8) and 
MLSweenen Robertson. SwtndeO (6J. 
AguBem <91 and Stelnbadi. W— Swindell. 6- 
2 L— Rosado, 7-7. Sv— AquHcra OB. 
HR— Mamnota R. KeBy (3). 

Bofttnore 240 003 000—9 )6 0 

TWOS 0M 1M 002-3 12 0 

Encteott Rhodes (6), MJ8$ pj and 
Webster; Burkett Gunderson (21, Startle (SI. 
Vosberg (7) and I. Rodriguez. H. Mercedes 
(ffl. W— Erickson, 12-5. L-Burteett, 7-9. 
HR— Baltimore. R. Pabnetra (20). 

Nxncruu. league 
F irst Gone 

Atlanta 1M 010 200-4 A 0 

Chicago wo 100 000-1 5 0 

Maddux and Perez.- Gonzalez, Toffs (ffl, 
Adams (9) and Servai*. W— Maddux, 140. 
L— Gonzalez, 7-1 HR-Atkmta Tucker (10)- 

Atlanta 800 Ml 210-4 9 3 

Chicago Ml 001 21*-5 10 I 

NeagteCather m and InpccMulhoffand. 
Wendell (7). Talr, <71. Bottcnfloid (8), fioias 

(9) and Serwh. W— Botfenfietd. 2-2. 
L— Gather. 0-1. Sv— Rotas (12). 
HRs— Atlanta. A. Jones 2 (10), Bautista (U- 
Hortda Ml 200 021—6 8 0 

Ondnati 0M 001 60*-7 9 0 

A-Leflac Hefllng C6J, F. Heredia (7), Hutton 
(7) and C Johnsort Smiley. RemUngor (8J, 
Beflnda (ffl. Shew 19) and J. Oliver. 
W— Smiley, 9-10. L— F. Heredia 4-1. 
Sv— Shaw (21). HRs— Florida, Abbott (6). 
Bonilla (9), Canine (9).Qndnncdl R. Sand era 
2 (8), B. Boone O), M. Kelty (4). 

Heastan ooo o«o O00—4 t 0 

SI. Loute 2H OM 000-2 5 1 

Hampton. R Springer 18), B. Wagner (9) 
and Ausrmrs; An.Benes. TJ. Mathews (0). 
Prttowek m and DMcn. W-Homptotv 7- 
7. L— AivBenes. 6-5. Sv— B. Wagner (18). 
HR— Houston, DtBeO (7}. 

Cotorade m »0 IN 002—11 19 2 

Montreal 213 )M 020 000-9 IS 1 

Sum. McCuny (6), DJpato (81. 5. Read (10) 
and Manwaring; C. Perez, Fofleisek CT. M. 
Valdes (4). TeMont (I). Urbina 19). D.Veres 
(11) and Fletcher. W-S. Reed. 2-4. L-D. 
verts, 2-3. HRS — Colorado, Castffla 2 07). 
Montreal H. Rodriguez (20). Segiri (9). 

New Ysrit 010 1M 100-3 5 0 

Las Angeles 011 IM Olll-B 11 0, Acevedo (6). Crawford (7) and 
Pratt CondWtt Rmflnskv (8). Had (91 and 
Prince. W-CendiaW. 6-1 L— M. Oarit 7-7. 
HRs— New York, Huskey (141 Altanzo (7), 
Boorga (6). Los Angeles. Mondesi 122), 
Prince (IL Ashley (6). 

PRtdwrgh 110 000 000-2 6 1 

San Diego OOO MO OU-3 II 0 

FXordova. Rincon (8), Lotsefc (9) and 
Kendalt J-HamOKn Cunnane (S), Hoffman 
(9) and FJatwty. W-Hoffman, 4-4. 
L— Lobelia 1 -1 HR— SJ)« G. Vougtal (1 f). 
PMadelpMP IM 810 201-8 8 0 

San Fnmdsce BN 830-50N-8 11 1 

Seeds Spnrd&t U). Bmnr U> ana 
Lieberthal- Gardner, Tavorez (ffl* Poole (9), 
Becfc (9) and B. Johnson. W—Gorttacr, 11-4. 
L— Sprodfirs 1-6. 5v-Be<* 01). 

HRs— PModefphfta Jefferies (8), Ueberthol 
(Ml. Son Frandsca Bonds QS1. Kent 3 122). 
Snow (14). 

Japanese Leagues 


Central OM 0M HO — S s I 

Pacific Ml ill Olx - 5 17 0 

Ona (Carp), Yabu (Tigers) (3J. SawazaM 
(Carp) (5). Tobata tSwoflows) (7) and Furuta 
(Swallows), Tanbldge (Bays tars) (6)j Kudah 
t Howto), Kormyama (Marines) (3), Kohda 
(Buffaloes) (6), Kawamoto (Marines) (7), 
KoboyosM (Blue Wave) (9} and Dojima 
(Howto). Boh (Lions) (5). W — Komiyama 1- 
0.L — YobuO-l.A — 2A96R. (sk) 


Tour de France 


Drew tar the 1997-199S EutnLaagiM men's 
baskottmH competition mode on TUesdoy: 

CSKA Moscow, Russia 
Efts Plteen Istanbul Torfcgy 

Limoges. France 
Moccabi Elite Td AvW, Israel 
Olympiafws. Green 
Real Madrid, 5paln 


Porta Portugal 

Estadiantcs Madrid. Spain 
TurkTotolwm Ankara, Turkey 
Croatia Split Croatia 
Benetton Trewjo. Italy 
PAOK Salonika Greece 


Porlbon Belgmdc. Yugoslavia 
Poo-Orthcz. France 
Kinder Bologna Italy 
Hapaol Jerusalem. Kraal 
Barcelona Spain 
UBter Spar, Turkey 


Alba Berlin. Germany 

AEK Athens, Greece 

Olimpia LJubllana Slovenia 

Ghana Zagreb. Cmafta 

PSG Racing Basket Paris, France 

Toamsystatn Bologna Italy 

Firm ptimo September Ifl-Februory is. Best 

4 in each group procsod to nen stage with d 

dubs eventually qualifying for the Final 

Forr In Barcelona from April 21-23. 

Landing reeulta Wednesday in die 21U 
km (I38.lift8es) 17th mgt from Fribourg, 
Swttimtand to Catalan 
1. NeU Stephens, Australia Fratlna 4 
hours, 54 minutes. 38 seconds; 1 Oscar Cp- 
meitztmt SwHzertamt Mapet 2 seconds be- 
hind; 1 Vyacheslav Yeklmav. Russia US. 
Postal Service, same time. 4. Laurent Roux. 
Franca TVM. *J.- 5. Erik Dekker. Nether- 
lands. Rabobank, sl; 6. Javier Rodriguez. 
Spain, Keune. sJj 7. Bobby Julich, United 
States, Cofidis. s.t,- 8. Sergei Outschakov. 
Ukraine, Patti, sJj 9. Peter Faraz Ha Belgium, 
Lotto, sJj 10. Christophe Mengfa France, 

oyduulu 1. Jon (ranch, Germany, 
Telekom. 8627:46,- Z Rtchanl Virenque, 
Franca, 632; 3. Motco PomonL Italy, Mar- 
catane Una 10:11 4. Fernando Escwtbv 
Spain. Kebna IADS: 5. Abraham Okma 
Spain, Baiesta. i6Ja i. Francesco 
C asagran da Holy. Sacra. 17:14:7.BiameRlta 
Denmark, TetaKom. 1B.D7; & Jose Maria 
Jimenez, Spain, Banesta 2142: 9. Roberta 
CanX Holy. Met oatono Una 2fc3(V ta Unrent 

Dutau*. Switzerland, Festina 29-X& 1 1 . Beat 
Zberg, Switaeriona Merentone Una 31 J9f 13. 

Oscar Cameiuind. 3238: li Peter Lutten- 
bwg«, Austria Rabobank, 38:1 & 14. Manuet 
Bettroa Spain, Banesta 43:15: IS. Jean-Cyril 
Robin. France, u J. Postal Service, £h26. 



Hapod Petah THwa I, Flora Tallinn 0 
Dynamo Minsk 1, RalkhetM9l3 Lotto 
Dnipro Dniprepetrank a Yerevan 1 
inkranas Kaunos 1 Baby Brno 1 


Votrotfino Now Sad a Viking StowmaerS 


Spartak Tmauol, BMiritaraO 
F K Jobtence S, Agdam KcrabakhO 
OdreWodJMtawl Pobeda Prficpo 
Daugava 1. Vbrakla Poltava 3 


Uiperi a Kl Ktaksvfk 0 
Hit Garica Z Ofetal Galatl 0 

Nefdii Baku a WTdzew Lodz 2 
FC Kosice X Akrones 0 
Lreitano a Jazz Pori 2 
Aimrthosis Famagusta 3, Kama SkiuBal 0 
Dyremw Kiev 2, Bony Town 0 



VIB StaltgartX KarsluheD 



DETROIT— Activated LHP Justin Thomp- 
son tram 1 5-duy disabled Bst. Refeased RHP 
Jose Bautista. 

,^"^^^ RHPao * ,Te »kstnjfyon 

t^Kfoy dbobted fat Called up RHP Shane 
Bowen front Salt Lake City, p ti 

I «ta , wiMn of Pau! 
Bccstoa pmutmd and cMet executtra of- 


I C Javier Lopez from 


SS Walt Weiss an ISritay 
Recoiled INF Craig CWmseb 
from Colorado Springs Pf.i 

II F !f*i|^^ OT ^Fio^MOiarioita 

nc Vo assignment. Actmrted a - 

2^S»2! ,rren DouJton - Desigrened LHP 
ManWhfaenore fgr assignment 

RHP Armando Reynow 
W- Recalled INF Shawl 
°Hbe»i tram Norfolk, IL 
^MOHT REAL- Optioned LHP Omor Dual ta 
unotto.lL. Dasigncrted RHP Satamtm Torres 
RecaRad RHP Steve FaF 

wsek amt IF Jose Vldra from Ottawa. 
^JWREUNfta-Troded OF- IB Datren 
“ultan to Florida tar OF BHty McMBtaa 
Assigned McMHtan ta Saantan-iM»es 
Bcnre. 1 L Bought contract pf OF Tony Barron 
tram Scranton. 




PAGE 19 


L ' . „ Maddux Notches No. 14 to Lead NL 

Braves’ Hurler Throws Only 78 Pitches to Subdue Former Team 


jrr . 

The Associated Press 

Greg Maddux needed just 78 pitches 
to beat his former team — the fewest in 
a complete game in nearly seven years 
— as me Atlanta Braves beat the Chica- 
go Cubs, 4-1, in the opener of a double- 
header Tuesday. 

Maddux (14-3) pitched a five-hitter, 
> needing just 2 hours, 7 minutes to be- 
’ come the National League’s first 14- 
game winner. 

* “He’s a brilliant, brilliant pitcher," 
Mark Grace of Chicago said of his 
friend and former teammate. "If my life 

depended on one game, I’d want him to 
throw iL” 

Maddux said, "I think the wind is 
blowing in every time I pitch here. That 
i helps. It’s one of those things." 

He looked like the best pitcher of the 
. 1 990s in winning the first game, but in 
the second game, the Braves didn't re- 
semble the NL's best team this decade. 

Chicago won, 5-4, scoring the go- 
ahead run in the eighth on consecutive 
errors by Jeff Blanser. the shortstop, and 
Chipper Jones, the third baseman. 

,s The way we lost the second game 
put a damper on the day said Atlanta’s 
manager, Bobby Cox. 

Maddox threw 63 strikes. His pitch 
total, according to Stats Inc., was the 
•Rawest in a major-league complete game 
since Aug. 29, 1990, when Bob Tewks- 
bury threw 76 for SL Louis against 

"1 hadn’t heard that one," said Mad- 
dux, who threw just 86 pitches in beat- 
ing the New' York Yankees earlier this 

Maddux won his seventh straight de- 
cision and is 6-0 against the Cubs, the 
team he left after the 1992 season, when 
he won the first of four straight National 
League Cy Young Awards. In the eighth 
innin g of the second game, Shawon 

Beeston Becomes 
Baseball’s President, 
Quitting Blue Jays 

Los Angeles Times Service 

Paul Beeston has resigned as pres- 
ident of the Toronto Bine Jays and ac- 
cepted major league baseball's newly 
created posidon of president and chief 
operating officer. 

Baseball sources said Tuesday that 
Beeston' s hiring would probably prompt 
the acting commissioner. Bad Selig, the 
Milwaukee Brewers' owner, to take the 
posidon on a permanent basis. 

Sehg reiterated Tuesday that he was 
not interested, but he has now been in 
the interim role for almost five years, 
and he acknowledged that he was very 
close to Beeston. 

“Paul is an outstanding executive 
who has maintained excellent personal 
relationships with just about everyone 
in the game and is highly respected for 
his abilities of persuasion and compro- 
mise,” Selig said. 

Beeston, 52, will be in charge of the 
commissioner’s staff in the New York 
office, starting Aug. 1. His responsi- 
bilities will include die Player Relations 
Committee and Major League Baseball 

The New York office has been rud- 
derless since Fay Vincent’s forced 
resignation as commissioner on Sept. 7, 
1992. “We need to baiid that teamwork 
in baseball,” Beeston said. “I mean, it’s 
clearly the best game, and that’s not 
easy for a Canadian to say.” 

Dunston singled with two outs and 
B la user and Jones misplayed grounders 
by Kevin One and Ryne Sandberg; 
Mike Cather (0-1) took the loss. 

Kent Bottenfjeld (2-2) woo the 
second game despite giving up the 
second of two homers by Andrew Jones, 
allowing Atlanta to tie the score 4-4 in 
the eighth. Danny Bautista also 
homered for the Braves. 

Rockws ii , Expos 9 Colorado scored 
1 1 runs on 19 hits, but still needed 12 


innings and a home run to win for just 
the third time in 19 games in July. 

The Rockies beat Montreal on Vinny 
Castilla's second homer of the game, a 
two-run, two-out shot in the 12th. 

CasriUa had the first five-hit game of 
his career, going 5-for-7 with four RBIs, 
including his 26th and 27th homers. 

Dodgero 8, Mots 3 Los Angeles 
snapped New York’s five-game win- 
ning streak as Raul Mondesi, Tom 
Prince and Billy Ashley homered and 
Tripp Cromer added a three-run double 
at Dodger Stadium. 

Tom Candiotti (6-3) won despite al- 
lowing Mets homers by Butch Huskey, 
Carlos B aerga and Edgardo AJfonzo. 

Giants 8, Phil lias s Jeff Kent put San 
Francisco ahead in the seventh with his 
second two-run homer of the game, and 
J.T. Snow added a three-run shot later in 
the inning. 

Jerry Spradlin (1-6), who failed to 
retire any of the four batters he faced, 
gave up Kent's go-ahead homer, his 22d 
of the season and 100th of his career. 

Padres 3, Pirate* 2 Greg Vaughn, 
who homered in the eighth inning as a 
pinch hitter, won it with a bases- loaded 
infield single, capping a two-run ninth 
off Rich LoiseLle ( 1-2). 

Francisco Cordova allowed four hits 
and no runs in l x h inning s, but the vis- 
iting Pirates could not hold a 2-0 lead. 

Astro* 4, Cardinals 2 Mike Hampton 
broke a lie with a two-run single in a 
four-run fifth as Houston improved to 9- 
3 since the- All-Star break with a victory 
at Sl Louis. 

Hampton allowed two runs and five 
hits in seven innings, and Billy Wagner 
pitched a perfect ninth for his 18th save 
for the Astros. 

Rads 7, Marins 6 In Cincinnati, Reg- 
gie Sanders returned from a two-month 
stay on the disabled list by hitting a pair 
of homers and driving in three runs. 

Mike Kelly and Bret Boone also 
homered as the Reds stopped a four- 
game losing streak. 

In the American League: 

In dian * 6, M al aw i * 2 In Cleveland, 
David Justice broke a tie with a two-run 
homer in the sixth innin g, his 1 9tb homer 
of the year, as Cleveland beat Seattle. 

Orel Hershiser held Seattle hitless for 
AVy inning s before allowing consecutive 
homers by Russ Davis and Jose Cruz Jr. 
and leaving the game after five innings 
with a strained right groin. 

Justice, a left-hander hitting .365 
against lefties this season, hit a 2-0 pitch 
from Jeff Fassero deep into the visiting 
bullpen in right to break a 2-2 tie. It was 
Cleveland’s first homer in 47 innings. 

Ken Griffey Jr.'s homerless slump 
reached a season-high 12 games. 

Orioias 9, Ranger* 3 Rafael Palmeiro 
pounded a two-run homer and drove in 
three runs, and Jeffrey Hammonds went 

Brady Anderson added three hits, in- 
cluding a three-run double. Geronimo 
Berroa also had three hits as visiting 
Baltimore battered Texas pitching for 
16 hits. 

Yanlwu 9, Angels 2 David Cone (1 1- 

|[ n I.v Hu*- Ip.. ^ 

Wilton Guerrero of the Dodgers making a failed grab for home plate as the Mets’ catcher tags him out. 

4) allowed five hits in 7% shutout in- 
nings, sending visiting Anaheim to just 
its second loss in 14 games. 

Pat Kelly hit a three-run homer and 
Paul O'Neill added a solo shot as the 
consecutive homers helped the Yankees 
build a 9-0 lead after five innings. 

Rod Sox 4, Athletic* 3 Jeff Frye broke 

a 3-3 tie in the eighth at Fenway Park 
with his third hit of the game after Scott 
Hatteberg’s doable off Buddy Groom 
(1-2). Boston wasted a 3-0 lead before 
rebounding to win for the sixth time in 
seven games. 

Tigar* 6, While Sox 3 Tony Gaik hit 
his 24th homer and Bobby Higginson 

added his 1 6th as Detroit took a 5-0 lead 
at Tiger Stadium. 

Rookie Brian Moehler (7-8) allowed 
three runs and six hits in six innings, 
walking a season-high five. Todd Jones 
pitched the ninth for his 17th save. 

Biuo Jay* 5, Brewer* 2 Shawn Green 
hit a go-ahead three-run homer in the 
seventh at the SkyDome. 

With Milwaukee leading 2-1, Cal 
Eldred (9-10) walked Carlos Delgado 
leading off the seventh and Ed Sprague 
singled Mike Fetters relieved and 
Green's homer made it 4-2. 

Pat Henrgen (10-7) gave up two runs 
and four hits in 7% innings with six 

strikeouts, and rookie Kelvim Escobar 
got three outs for bis third save. 

Twins 3, Royals 2 Darrin Jackson beat 
out a potential inning-ending double- 
play grounder in the seventh to drive in 
the deciding run at the Metrodome. 
Minnesota, on its longest winning 
streak this season, has won seven of 
eight. Kansas City has lost IS of 20 
overall and nine of its last 10 one-run 

Greg Swindell (6-2 j pitched 2Vs per- 
fect innings, and Rick Aguilera got three 
outs for his 19th save. 

Jose Rosado (7-7) gave up all three 
runs and seven hits in 6Vi innings. 

Bears and Steelers Land in Dublin 

| . ; , .... 
•;■■■ ..vy. „■.>» 

’ '• 3 aw-' « 

Kr: -/V., . ! f... :• *•:; y 

rY • •• */• . v.\?£ ‘ -Vi < 2: 

&ci aW 

;• a s < \ • jn 

Ps* Wk 



■■■■ “V • • 




*-..V ^ =*T '«/>■)€< a -V.-:.- ; ii. W 

I'--- ■ : • i— : r» .i " • • H Y . .« 

John GopU/Tlto Amour) FM 

Chicago Bears players working out in Dublin for their debut in Ireland. 

The Associated Press 

DUBLIN — Some hit the pubs or the 
golf links , others their beds as the Pitts- 
burgh Steelers and Chicago Bears ar- 
rival for the National Football League’s 
first game in Ireland on Sunday. 

The 312-strong Steelers’ contingent 
arrived Tuesday morning. About 380. 
Bears and their supporters had a rougher 
crossing, facing a lengthy delay over 
luggage confusion, spending 10 hours 
in their chartered plane and not arriving 
until the afternoon. 

“The Bears weigh 900,000 pounds 
when we're traveling,” said the team 
spokesman, Bryan Harlan, who has 
traveled with the Bears on three pre- 
vious overseas ventures — to London in 
1986, Gothenburg, Sweden, in 1 988 and 
Berlin in 1991. “There’s 90 players, 15 
coaches, about 40 others affiliated with 
the team, and most brought their 
spouses,” he said. 

Many players from both teams went 
straight from their shared practice field 
at University College Dublin to inspect 
the city’s restaurants, pubs and clubs. 

“The chance to go to Ireland is just a 
once-in-a-lifetime experience," said 
Rick Mirer, who became the Bears' 
starting quarterback in an offseason 
trade with the Seattle Seahawks. 

“It’s a great part of the world, and I 
know my teammates feel the same 
way,” be said, emphasizing the task at 
hand. “It's important that we get a lot of 
work done because we’ve got so many 
players. And working against the Steel- 

ers will test how far we’ve come along 
in the first week of camp.” 


The linebacker Trev Alberts retired 
Tuesday after three injury-plagued sea- 
sons with the Indianapolis Colts. Al- 
berts, who signed a six-year contract 

NFL Roundup 

valued at $8. 15 million in 1994, missed 
20 games over three seasons because of 
a dislocated right elbow, a concussion, a 
partially dislocated left shoulder and a 
hamstring injury. 

. . . « 

Brett Favre said his agent was headed 
to Green Bay in the hope of wrapping up 
a contract extension that would inake the 
star quarterback the NFL’s highest-paid 
player. The impending deal is worth be- 
tween $44 million and $49 million over 
seven years and includes a signing bonus 
of more than $10 million. 


Darrell Russell, the No. 2 overall pick 
in the April draft, signed a seven-year, 
$22.05 million contract with Oakland. 
Russell has $8,325 million in guaran- 
teed payments. The total package, the 

t uaranteed amount and the average of 
3.15 million a year are records for a 
rookie contract his agent said. 


Denver’s backup quarterback. Bill 
Musgrave has retired. He played in six 
games last year, but slipped to fourth on 
the initial depth chart issued at training 

camp. "Bill called me last night." said 
the Bronco's coach, Mike Shanahan. 
"He’s 30 years old and he's fighting for 
that No. 3 spot and he didn't really know 
if he was going to be on the team or not. 
He decided to retire." 


The Arizona Cardinals’ defensive 
star Simeon Rice was bedridden for a 
third consecutive day after a painful 
diagnostic procedure performed Sunday 
at Flagstaff Regional Medical Center, 

Philadelphia has signed Jimmie 
Jones, a free agent defensive linemen 
who started 14 games for Sl Louis last 
season, to a one-year contract for 
S500.000. Jones, 31, earned $1.8 mil- 
lion last year with the Rams before 
falling victim to the salary cap. 


The offensive tackle Harris Barton 
pulled himself out San Francisco's 
workout because o: knee soreness and 
will be sidelined indefinitely. The full- 
back Marc Edwards, a second-round 
draft pick from Notre Dame, signed a 
four-year contract with the 49ers~ 


Jamie Sharper. Baltimore's top pick 
in the second round, ended a nine-day 
holdout by agreeing to a three-year. $1.7 
million contract. 


The Redskins' defensive lineman 
Chris Mims underwent arthroscopic 
surgery on his left knee and is expected 
to be sidelined for two to three weeks. 






tStft \SXKM>, Jfynr' 

too tie ws 


QOriHD 92ME 


. in 

'NOQ too woo 



•Bor SmTHB WTffi CORNER is where 
1 6ST Das 1HW at jw IN TROUBLE/ 

IMEanM tan bar JuMn, 
mt Mar* HdiMMLIBtaB 


s It HmMwM «*!*■* 



PAGE 20 


The Alpha-Blockers 

is how we lined up our 
chairs on the beach this snm- 


mer. In the fast one sat Alpha 
Klotz, who had moved up 
from the end chair which he 
occupied in 1996. 

Alpha is bo investor, and 
last year he made $450 in 
other people's 
money. This 
year the stock 
market brought 
him $25 mil- 
lion, and our al- 
titude toward 
him had chang- 
ed from con- 
tempt to grudg- 
mg admiration. ® uc hwald 

Sitting next to Alpha was. 
his lawyer. Benue. Alpha 
□ever made a move without 
Bemie — they were joined at 
the hip. 

Next to his lawyer sat Fritz, 
Alpha's trainer. It was Fritz’s 
job to put sunblock on Alpha 
every 15 minutes and make 
sore that no flies landed on 

The rest of the occupants 
observed and noted every- 
thing Alpha said and did in 
hopes that we could also be- 
come super rich and be able to 
afford someone to apply sun- 
block for us. 

Hie lawyer said, 
does Monarch do?” 

Alpha replied, "How the 
hell do I know? I only bought 
it a year ago.” 

“Are we talking cash?” 
the lawyer asked 
“A tittle cash and some 
subway tokens. Tm going to 
tell him to stuff it" 

I leaned over and said to 
Friedman. “If he won’t sell, 
does that mean Monarch is a 
good buy?” 

Friedman responded. 
“You can bet your kid’s tu- 
ition it’s a good buy.” 

We watched Alpha dial. 
“Let me speak to Warren 
Buffett Well, if he’s not 

there, tell him I’m potting 
he can 

Monarch in play, and 
either become a friendly buy- 
er or I’ll never have lunch 
with him at Wendy’s again.” 



The last one down the line 
was Horace Nobody who had 
been downsized from the tele- 
phone company in April, and, 
while no one actually men- 
tioned the downsizing, we 
certainly weren’t interested in 
his opinions on any thing 

The hi ghli ght of our trip to 
the beach was the moment 
Alpha’s cell phone rang. His 
lawyer took out a yellow legal 
rad. and his trainer gave him a 

Alpha turned to his lawyer. 
“It's Ron Perelman. He 
wants to buy my Monarch 
Blueplate Coip.” 

Friedman said, “Maybe 
Monarch isn’t such a good 
buy. How can we find out?” 
“First we have to know 
what it makes.” 

There was talk of going for 
a swim, but Alpha said. ”1 
ean’L I'm waiting on a rail 
from Bill Gates.” 

This created a murmur all 
along the line. If Bill Gates 
was going to call Alpha, we 
could all be in on the groond 
Root of a Windows 345. 

We dropped the swim idea. 
Hie trainer raised Alpha's 
arms and let them down 10 

Hie phone rang again. Hie 
word was on the street that 
Monarch was up for sale and 
Ron Perelman was going to 
bite off Alpha’s ear. 

Someone asked the ques- 
tion once more, “What does 
Monarch make?” 

Horace Nobody said, 
“Airbags for truck drivers." 

The whole row turned on 
him and yelled. “Oh, shut 

Hanna Schygulla’s 2d Act: A Paris-Berlin Voice 

By Joan Dupont 

International Herald Tribune 

A VIGNON, France — She 
speaks the way she sings, in 
languid circles that ripple on, re- 
verberating haunted memories and 
secrets. Hanna Schygulla, S3, says 
she doeso’t have a real voice, "not 
trained, and I can’t read notes, but I 
thought it was a pity I wasn’t a 
musician, and if it’s too late to learn 
an instrument, you can always use 
your own instrument.” Her own is 
sensuous, evocative. On stage for 
an hour and a half, she sings, hums, 
and murmurs her recital in ro- 
mantic and ironic flavors of Ger- 
man and French. 

Rainer Werner Fassbinder’s 
siren in “Lili Marleen,” the 
blighted heroine of "The Maniage 
of Maria Braun,” Schygulla, the 
blue-eyed angel-imp, put her stamp 
on Germany’s war-obsessed 
cinema of the 1970s: “We were the 
generation after,” she says, “we 
were not directly guilty.” 

Fassbinder, who made more than 
30 films, burned bright and fast, 
dying at 36. When they met in 
Munich, he seized upon Schy- 
gulla’s mobile moon face to in- 
scribe his stories of modem Ger- 
man history. 

If he was her Pygmalion, she did 
not sit for him alone; Wim 
Wenders, Maigaretbe Von Trutta, 
and Volker Schlondorff directed 
her, as did Carlos Saura, Jean-Luc 
Godard, Ettore Scola, Marco Fer- 
reri and Andrzej Wajda. Two years 
ago. she appeared on stage in Klaus 

Gruber’s adaptation of Jorge Sem- 
prun’s novel on wartime depor- 

tation. “L’ecriture ou la vie.” 
“It’s hard to know what to do 
with that terrible time,” she says. 
“You can't forget it or digest iL” 
Now that she sees herself as “not 
a symbol of seduction any more.” 
she feels that after 25 years acting, 
“It’s time to do new things or you 
lose the habit of doing new things 
and you get old. I thought about 
voice because the voice, as you age, 
gets even more interesting. Faces 
are interesting too as they age, but 

not always in a way that you wel- 
come or that others welcome. ” 

Schygulla's songfest has been 
greeted with enthusiasm from Ber- 
lin to Avignon; she will be on stage 
in Paris in September (at the 
Bouffes da Nora) with this new 
recital, “Quel que soit le songe,” 
accompanied by Jean-Marie Senia. 

S he is not Fassbinder’s only lead- 
ing lady to break into song. Since 
the ’70s, Ingrid Cavern — who was 
married to the director — has matte 
a brilliant career with her slinky 
Marlene ways and husky voice. 

‘ ‘Hmm. ’ 7 says Schygulla, when 
the inevitable comparison comes 
up. “Yes, different.” Because La 
Caven, who also lives in Paris, 
dresses in Yves Saint Laurent, lies 
on the piano and leans back into die 
past with a repertory that is Fass- 
binderian a ad nostalgic, whereas 
with verses more chanted than 
song, making each piece into 
dream-like drama. La Schygulla, in 
a wine-red Gaultier shift, has in- 
vented her own approach. 

“I like transformation, to bring 
together opposites. We are all in 
constant mutation, and sometimes 
you get to things that are beautiful, 
or grotesque; I find that more in- 
teresting than taking just one form, 
like an immutable crystaL” 

She worked for two years, with 
Senia. the composer, adapting 
texts. ”1 translated and transposed 
Fassbinder, who is not known as a 
poet, into French — verses he wrote 
when he was 13 and little things he 
used to say, tike, ‘Why sleep? I can 
sleep when I’m dead.’ ” She also 
distilled texts by Jean-Claude Car- 
riers, Peter Handke, Thomas 
Bernhard, Witold Gombrowicz, 
Heiner Muller, and Mark Twain. 

‘ 4 My other pillar of this recital is 
Jean-Claude Carriere, whom I’ve 
known for a long time, a man of 
savoir vivre, very prolific, from the 
world of movies and theater. So I 
bad two universes, one black and 
one white, like a black sun and a 
white sun.” 

Schygulla moves back and ford) 
between Paris and Berlin, where 
last year she conceived an even- 

on hereelf. “It’s from a long poem 
bit of Freu- 

Schygulla. best known as a movie actress, is breaking into song. 

ing’s program as a tale of two cit- 
ies. “They asked me to sing on the 
themes of Paris and Berlin, so there 
were songs by Piaf and Marlene.” 
This time, although she sings 
“Lili Marlene,” there are no tra- 
ditional songs. “The recital is de- 
signed on the fine line between real- 
ity and fiction, which interests me. 
The past, all the ages, stay inside 
you like a tree that has rings: You 
can see the lines of growth. I've 
always been fascinated by people 

who change — it all pops up and 
you feel the child in mem, the ad- 
olescent, or the parent” She is 
struck by how young her German 
contemporaries seem, as if “there is 
something in us that doesn't want to 
become adult, like our parents.” 
The most ominous song, adapted 
from Fassbinder and called “Ma- 
rxian oh Mam an, donne-moi le 
couteau,” she performs as a dev- 
ilish child, begging her mother for 
the knife and, in the end, turning it 

he wrote in German, a sort 
dian thing, about cutting fee um- 
bilical cord. Fassbinder always said 
be didn’t have a bad childhood, he 
didn’t have any. Since the warm, 
animal mother-child thing was 
never fulfilled, be tried to make his 
mother his buddy, he gave her parts 
in his movies. But there must have 
been something very disturbing in 
this poem for the mother,- because 
only after her death could we use ft. 
As for me and my mother, that's a 
long story that had unhappy 
chapters." . , • . . 

Schygulla was bom in 1943, not 
for from Auschwitz, in Poland: The 
delivery was expected to take place 
Christmas day, but the doctor gave ; 
her mother a shot to delay labor. 

. The mother discovered later that 
the doctor had performed exper- 
iments at the camp. “So so m ethi ng 
already marked my birth,” Schy- 
gulla says, “a traumatism from mat 
part of the wadd — you don’t 
forget Auschwitz.” 

The family emigrated to Ger- 
many, and after university she went 
to drama school and met Fassbind- 
er. “I had strong feelings that life 
should be all instinct rather than 
analyzing, so I chopped out.” A 
couple of years later, Fassbinder’s ' 
underground group needed an act- 
ress to step in quickly. “He re- 
membered me, because at school. 
be had a flash — he saw me as the i; 
heroine of all his movies. And I 
played in over 20 films of his. It’s 
rare,” she muses. 

When the penniless troupe took 
to shoplifting, Schygulla with her 
angelic look was sent to the store to 
sneak food: “The times were anti- 
everything, we were against the 
holy cow. of consummation. We 
had no means so we had to invent; a ' 
good stimulus for creativity. 

V 1 


‘Since Fassbinder disappeared, 
ow I feel that 

I've felt a lack, and now 

in order to go new ways, I must not 
even wish to be solicited — wishful 
thinking is the beginning of reality. 
Lack pushed me to be creative, to 
initiate things. But when I perform, . 
£ know it’s not just me up there.” '■ 

ritfVL' Pi 


H E can’t tell you why in any detail, 
but John Dean is a happy man 
these days. He will say that be has 
reached an out-of-court settlement with 
SL Martin’s Press in a $ 150 million libel 
suit over a book that depicted him as the 
chief v illain in the Watergate scandal. 
“All I can say is that we’re satisfied.” 

finned the out-of-court settlement by 
the publishing house but said its terms 
were confidential 


Dean said, speaking for himself and his 
reen. A former White House 

Smo Mim»kii/RcvKi« 

Jennifer Murray in California with her round-the-world helicopter. 

wife; Maureen, 
counsel whose testimony ultimately led 
to President Richard Nixon’s resig- 
nation, Dean has previously denounced 
-the hookas “absolute garbage.” A Byz- 
antine piece of revisionism published in 
1991, the book, “Silent Coup,” de- 
picted Dean as the driving force behind 
the Watergate break-in and as the back- 
stage architect of the cover-up that fol- 
lowed. The authors, Len Colodny and 
Robert Gettlin, contend that Dean or- 
chestrated tiie 1972 burglary at Demo- 
cratic National Committee headquarters 
to protect his future wife, then named 
Maureen Biner, by removing informa- 
tion linking her to a call-girl ring that 
worked for the committee. A lawyer for 
St Martin’s Press, David Kaye, con- 

B raving an Arabian sandstorm, a 
Bangladeshi cyclone and Russian bur- 
eacracy, a British pilot landed on time in 
Torrance, California, en route to be- 

coming the first woman to fiy round the 
world in a helicopter. “We’re here on 
time and on schedule,” a beaming Jen- 

nifer Murray said after stepping from 

her red chopper at the Torrance airport 

Hie British acid-jazz group 
Jamiroquai reaped the most nomin- 
ations for the annual MTV Video Music 
Awards, gathering lOforits video “Vir- 
tual Insanity.” The experimental pop 
group Beck, hard-rocking Nine Inch 
Nails and the alternative rock band 
Smashing Pumpkins also collected 
multiple nominations. The nominations 
were announced at MTV’s studio 
headquarters in New York. The 14th 
annual awards show will be broadcast 
Sept. 4 from New York’s Radio City 
Music HalL • 

Bryant Gum be! and several CNN jour- 
nalists appeared as themselves in the 
current movie “Contact.” Pauley, 46, 
was one of the few real TV newswomen 
who did not appear in the baby-shower 
episode of “Murphy Brown.” 

f.. - 


in suburban Los Angeles. “But we still 
have another three-and-a-half weeks to 
go to get back to London.” Murray, 56, 
is a mother of three, with two grand- 
children, and has lived for 30 years in 
Hong Kong. She left England on May 1 0 
with co-pilot Quentin Smith. In the 10 
weeks since, they have flown their tiny 
Robinson R-44 across Europe, through 
the Middle East and India to Southeast 
Asia, up into Russia, across the Bering 
Strait to Alaska and down to Torrance. 
Now they will fiy across the United 
States, up Canada’s coast and home. 

Jane Pauley says she's a real jour- 
nalist and would never portray a fic- 
tional one on TV or in the movies. "It 
blurs the line,” the “Dateline NBC” 
anchorwoman told The Philadelphia In- 
quirer. "Viewers are confused enough 
about the hair and the makeup and the 
glamour. We already confuse them so 
much without crossing the line and sud- 
denly becoming make-believe." Pauley 
made her position on the issue clear 
after her former 4 ‘Today” show partner 

Elle M aepherson says she was the 
victim of a burglary, extortion and now 
slander by a lawyer who claimed his 
client was her “boy toy.” The actress- 
supermodel said she did not know 'the 
two men — Michael Mischler, 29, and 
William Ryan Holt, 26 — who are 
accused of trying to extort $80,000 from 
her by threatening to post nude photos 
of her on the Internet Mischler's at- 
torney, Lawrence Young, was served 
with a defamation lawsuit filed by 
Macpherson last week. She said 
Young’s claim that she used his client as 
a "boy toy" had damaged her nepttf 
tation. "All of this is completely unf 
true." an angry Macpherson said, “i 
have never met Mr. Mischler — and 
with any luck, I will never, ever, meet 
Mr. Mischler.” 


7'v.v: * - ... 

... >■ 

: v ‘ 

' "*■’'5? v*.; * 

■ '•V i -**v' j „<* -4 


IP; ..-at'* *.-v- ‘ , 

Every country has its own AT&T Access Number' 

which makes calling home or to other countries 


•«+*. : tw- 

really easy. Just dial the AT&T Access Number for 

the country you're calling from and you’ll get the 

clearest connections home. And be sure to charge 

your calls on your AT&T Calling Card. It’ll help you 
avoid outrageous phone charges on your hotel bill 

and save you up to 60%* (remember that old Chinese 

Not for 


proverb-a yuan saved is a yuan earned). Check the 

all the tea in 10811. 

list below for AT&T Access Numbers. 

Steps to follow for easy gaffing worldwide 

1. Jufl dial die AT&T Access Number for the country you 
ate calling from. 

1 Dial the phone number ynu're calling. 

3. Dial the calling card number listed above tout name. 

• - 

AT&T Access Numbers 






Czech RepttiteA 



... .0042-008-181 

Switzerland* . ... 
Unfled Kingdom*. 




. .0-890-99-8011 




... 1-800-556-000 

Egypl*(Calra}r . 

.. . 510-0200 


Saadi Arabia o 





Russia *A(MQsnw)i 




.. .908*99-08-11 

South Africa 


Gani find the AT&T Access Number for the country you're raltaip from? Just ask any operator for 
AT&T Diretf* Service, or visit our Web sfte at http^/wwwjittxoni/trsivekr 

QeuM MUflMB Iwb auntita Mth pnxrpe axnjurtrf U nmor US cunm onaili loiheTS Claw bad « awwei jnfamr fcfllnn * Con*nmj k. wun bud srf^tvw chwfiQ had on Oku ibe UJ n Nnwriei 1SV. wri vm.*v ,rut k torter m j.e, tout hHHn*imhud. *ne at .In, feidli * a \\ . . L 

B9WMOW^[»sjiikWJfl>*«MitrrQll5ngcAetttelSC[Aaei&n£&as*fcjiifeft:i*l5 atly Couai;«<nininrntoaiBadd«.'msIitfacaSti]flFllS plus jnatt0^diT|y lad i^thtoui(j)a»ia(ecikneV»iuaic3D«r[ r itau[illL.iuitrlc.lntnIij*« •Hitt pln,eauih'4m«rfa»ia[4»u;cirikuJtilti*fc •Juliio; juiUtioj!--,. | " 3,1,1 M* "w font «Jirh ... nHw 

DLxUSncMUKiberlnN 9IW7ATST ^ 

• l- . 



v 1; f ! i