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Herald 


INTERNATIONAL 



(tribune 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


The World’s Daily Newspaper 


London, Thursday, May 29, 1997 



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Clinton AffirmsTies to Europe 



By John Vinocur 

Inlerruilutuit Herald Tribune 


GctMilCoWAfAr FiMr-Prrar 

President Clinton, with Queen Beatrix, arriving Wednesday Tor the Marshall Plan 
commemoration. He said it ‘paved the way for reconciliation that bridged age-old divides.* 


THE HAGUE — President Bill Clinton re- 
affirmed America’s destiny Wednesday as one 
bound to the future of Europe, and pledged that 
the United States would help more in the eco- 
nomic development of the countries of the 
former Soviet bloc. 

“We have learned the lessons of history,” 
Mr. Clinton said in a speech commemorating 
the 50th anniversary of the founding of the 
Marshall Plan . “I affirm to the people of 
Europe: America stands with you.” 

“For America.” he said, “the commitment 
to our common future is not an option, it’s a 
necessity.” 

But for ail his vigorous phrasing in a day of 
verbal diversity — a speech, a toast, a news 
conference, impromptu remarks to reporters — 
Mr. Clinton offered little specific or concrete in 
terms of hade or assistance to Eastern Europe 
that could match NATO's new arrangements 
with Russia or the scope of the Marshal! Plan 
itself, which put American assistance to work 
in drawing Western Europe out of the dev- 
astation of World War H. 

“The Marshal! Plan transformed the way 


America related to Europe,” the president said, 
"and in doing so. transformed the way that 
Europe related to itself. It planted the seeds of 
the institutions that evolved to bind Western 
Europe together, from OECD and NATO to the 
European Union. And it paved the way for 
reconciliation that bridged age-old divides.” 

Attending what was called a United States- 
Europe summit meeting, Mr. Clinton reported 
the completion of agreements with the lead- 
ership of the European Union covering a range of 
subjects from international prostitution to cus 


Wim Kok. he skirted the question, saying: 

Ido. An 


U-S. and Ell reach a long-awaited 
agreement on safety inspections. Page 6. 

toms service cooperation and drug-related 
laws. At the same time, there appeared to be 
particular caution in avoiding what could be 
interpreted as an American willingness to 
spend important sums or engage in new' re- 
sponsibilities. 

When Mr. Clinton was asked at a news con- 
ference if he saw a clear role for the United States 
in a new Marshall Plan for Eastern Europe, 
involving a vast trans- Atlantic public and private 
initiative suggested by the Dutch prime minister. 


So 

do 1 think we need to do more? Yes. I do. And am 
I prepared to support that? Of course I am.” 

The president said that projected into terms 
of today's dollars, the Marshall Plan repre- 
sented an investment in Europe of about $88 
billion, about S2 billion less than has been 
committed from international sources to the 
former Communist countries. 

No mention was made of a government pro- 
gram resembling the vast undertaking of a half- 
century ago. Rather. Mr. Clinton pointed to the 
need for accelerated private investment, adding 
that private-sector funds would probably have 
to wait for more public investments, “hope- 
fully. most of ihcm multinational public in- 
vestments through multinational institutions.” 

With its list of modest agreements and its 
handful of broad promises in the classic register 
of U.S.-Europe anniversary rhetoric, the day in 
the heavily guarded government quarter of the 
Dutch capital was oddly tepid, with thanks 
coming for the Marshall Plan from Jacques 
Samer. president of the European Commission, 
and Queen Beatrix, the host of the commem- 
oration, whose country currently holds the ro- 

See ALLIES, Page 6 


Kohl Defies Bundesbank on Euro 


By Alan Friedman 
and John Schmid 

International Herald Tribune 


BONN — Provoking an extraordi- 
nary and public split with its own central 
bank, the German government vowed 
Wednesday to press ahead with its plan 
, to revalue the nation's gold reserves in 
* < order to qualify for European monetary 
union. 

The government defied a warning 
from the Bundesbank, which is unac- 
customed to political interference, that 
revaluing the reserves risked the cred- 
ibility of both the central bank and the 


future European currency. If the gov- 
ernment succeeds in revising the 1957 
Bundesbank act to allow for the transfer 
of (he book profits, “that would mean 

Id France, few signs that President 
Chirac is pulling together rival 
conservative factions. Page 5. 

interference in the monetary policy of 
the Bundesbank,” the central bank said. 
“Such a measure would be in con- 
tradiction with the German tradition and 
with the Maastricht treaty's view on the 
independence of the central banks.” 


Given the Bundesbank's resistance, 
analysts reckon it will be more difficult 
for Chancellor Helmut Kohl to get par- 
liamentary approval for a revision of the 
Bundesbank law. That would risk Ger- 
many's chance of meeting the deficit 
criteria and add another uncertainty to 
monetary union, analysts said. 

The unprecedented rejection of the 
Bundesbank’s authority was marte as 
France and Germany, the two countries 
at the heart of Europe's single cunency 
project, also appeared increasingly at 
odds Wednesday. The leader of 
France’s Socialists, Lionel Jospin, ac- 
cused Finance Minister Theo Waigei of 


Germany of accounting trickery for us- 
ing the nation's reserves in what Mr. 
Jospin called a bookkeeping "fudge.” 

Tensions between France and Ger- 
many. as well as doubts about prospects 
for monetary union, have risen sharply 
this week after leftists in France 
emerged victorious in the first round of 
parliamentary elections. Mr. Jospin is 
considered likely to become prime min- 
ister if the left wins a runoff election 
Sunday. 

The quarrel with the Bundesbank 
dramatized the German government’s 

See GOLD, Page 12 


“J 


Indonesian 
Urges Nation 
To the Polls 


By Michael Richardson 

International Her aid Tribune 

JAKARTA — In a move to re- 
assert his authority after the worst 
election campaign violence of his 
30-year rules. President Suharto 
called Wednesday for a strong 
turnout in elections here Thursday. 

In an election eve speech that 
was clearly aimed at countering op- 
position rails for a boycott of the 
polls to protest the government's 
tight control over the process, Mr. 
Suharto said that all Indonesians 
eligible to vote should do so, so the 
country could accelerate its eco- 
nomic development and move to- 
ward democracy. 

“I call on all of us to exercise the 
right to vote wife a sense of re- 
sponsibility,” he said in a nation- 
ally televised broadcast. “The right 
to vote and the right to be elected are 
basic democratic political rights.” 

Mr. Suharto defended the offi- 
cial controls on the political system 
as essential for stability, peace, na- 

MiOtary seeks a bigger role. 
Page 4. • Timorese dissident 
puts U.S. on the spot. Page 2. 


tional unity and the rapid economic 
growth needed to provide more 
jobs and raise living standards. 

The governing Golkar party — 
which has strong backing from the 
government, the bureaucracy and 
the powerful military — is expec- 
ted to win another big majority. It 
has won every election since 1971 , 
and has declared that its target this 
time around is to win more than 70 
percent of the vote. 

It won 68 percent of the vote in 
the last elections, in 1992. But this 
time round, anti-government feel- 
ing appears to pose a stronger chal- 
lenge to fee government. 

In his address Wednesday, Mr. 
Suharto said: ‘ 'Democracy is a long 
process of national development It 
is not easy for any countryto reach 
an ideal level of maturity in de- 
mocracy, let alone a nation as com- 
plex as ours.’ ’ 


The Hard Fall of a Japanese Giant 

Nomura Scandal Threatens to Indict Country’s Business Tradition 


By Sheiyl WuDunn 

New York Times Service 


TOKYO — He lived for his job as a 
middle manager at Nomura Securities 
Co., the world's largest securities firm. 
Then fee latest scandal hit, and his son, 
who had not bothered to telephone all 
year from college, called up, worried 
that the firm might not survive. 

“Many of us are starting to feel that 
even our children may not be proud to 
say their father is working at Nomura,” 
said the manager, who declined to be 
identified. ‘ ‘The company is in a kind of 
anarchy now. It’s like a ship that can’t 
decide which way to go. While it can’t 


decide, it’s starting to sink.” 

“The Gulliver,” added the employ- 
ee, "could become a Lilliputian.” 

It is a long way to fall for Japan’s most 
powerful securities house: from the pin- 
nacle of financial and political influence 
a few months ago, poised to lead Japan 
into a new era of financial liberalization, 
to a twilight zone as a scandalized pariah 
with whom few openly want to deal — 
all because of accusations that Nomura 
has had ties, to gangsters. 

Now, some employees and analysts 
say that the firm faces its biggest chal- 
lenge: to shed its old shady ways, shake 
off the current disgrace and brace for 
rough-and-tumble competition in the 


run up to fee Big Bang. Japan’s am- 
bitious plan to remake its markets to 
look like New York’s and London’s by 
the year 2001. 

But the scandal is not just about 
Nomura and payoffs to gangsters. 

When prosecutors press formal 
charges against Nomura, as they are 
expected to do in June, that move could 
snowball into an indictment of Japan’s 
entire business tradition, and particularly 
of the circle of influence that creates 
shadowy alliances among politicians, 
bureaucrats and business executives. 

If prosecutors push hard enough, they 

See NOMURA, Page 6 


Tornadoes Savage Central Texas 


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Agnus Rucc-Acoe 

This twister approaching Jarrell, Texas, was one of several that 
resulted in at least 27 deaths and widespread devastation. Page 3. 


The Dollar 


MBxrYofk Wtonudayo 4Pjt previous flow 


AGENDA 


DM 


1.6955 


7.7055 


Pound 


1.639 


1.6311 


Czech Leader Unveils Cabinet Changes 


Yen 


115.865 


116.67 


5.7295 


5.7595 



-30.14 


735357 


S&P 500 


7383.41 


change Wadnewtay O 4 PM. pravtout ctoae 


-Z5 


847.21 


849.71 


PRAGUE (Reuters) — Prime Min- 
ister Vaclav Klaus said Wednesday 
that his three-party governing coalition 
had agreed on an economic recovery 
program and on changes in the Czech 
Republic’s cabinet. 

The deal means that the center-right 
government will stay in power, but 
with some ministerial changes. Mr. 


Klaus said that a former education 
minister, Ivan Pilip, would take over as 
finance minister and that the ambas- 
sador to Britain, Karel Kuhnl, would 
become industry and trade minister. 

The government agreed last week to 
make cabinet changes in response to a 
sharp fall in its popularity sparked by 
an economic downturn. 


RAGE TWO 

Ruufy Empire and Human Links 

SPORTS 

Page 18- 

Sampras Advances in Paris Open 

Books. 




Opinion 


Sports 

Pages 18-19. 

] The 1HT on-line http://v 

nv’.v.i ht.com | 


Russian Public’s Yawn Reduces Risk of Backlash Over NATO 


By Michael R. Gordon ’ 

New York Times Sennet 

MOSCOW — Seeking to defend his 
new accord wife NATO, President Bor- 
is Yeltsin is telling voters that he still 
opposes the expansion of fee Western 
alliance and is trying to minimi ze the 
threat to Russia. 

But try explaining that to Dimitri 
Beletsri, fee 34-year-old manager of an 
electronics store. “Actually, I have not 
seen any threat from the West since 1 
graduated from school and fee brain- 


washing stopped," he said on Tuesday. 
"Personally, I see a much greater 
danger in the incompetence of our lead- 
ers. Our tax policy encourages crime 
and corruption. That is fee real threat to 
our country.” 

For all fee storm and fury that NATO 
expansion has generated among die 
politicians, much of fee Russian public 
has so far greeted fee debate wife a 
collective yawn. 

Public opinion surveys taken before 
Mr. Yeltsin agreed to sign fee accord 
indicated that few Russians were happy 


Treaty 

ganization’s decision to expand. But 
they also indicated dm the issue ranked 
relatively low on the average citizen’s 
list of concerns, already dominated by 
more pressing worries over unpaid 
wages, taxes and crime. 

The schism between the NATO- 
bashing of Russia’s political elite and 
relative indifference of much of the pub- 
lic reflects the deep distrust many Rus- 
sians have of their leaders and of fee 
news media, which are increasingly 
viewed as a captive of special interests. 


The gap also has important con- 
sequences for Western policymakers. It 
reduces the risk that an anti-reform 
demagogue will rise to power because 
of a popular backlash over NATO ex- 
pansion. The concern feat NATO ex- 
pansion will cause fee West to “lose" 
Russia is not well supported by the 
polls. Nationalist politicians will con- 
tinue to try to stir up anti-NATO sen- 
timent as the Parliament debates fee 
accord in fee weeks ahead. And much 

See RUSSIA, Page 6 


Newsstand Prices 


Bahrain — 1.000 Din 

Cyprus .C. E 1.00 

Denmaik -.14.00 D.Kr. 
Finland — 12.00 F.M. 

GfcraHar £ 0-95 

Great Britain — £0 j90 

Egypt .££5.50 

Jordan 
Kenya. 

Kuwait 


1.250 JD 

K8H.180 
_700Ffe 


Malta 1 55 a 

Nigeria. .. 125,00 Naba 
Oman.. — 1.250 Rate 

Qatar 10.00 Rials 

Rap*. Ireland —IRE 1.00 
Saud Arabia .10.00 R 
a Africa ...R12+ VAT 

UAE. .ICTOODUh 

UB.MS.(Eur.)_J150 

2rnfHbwa„ZmJ30J30 




805049 


U.S. 9 s Inland States Evolve Into Export Pathways 


By James Brooke 

New York Tunes Service 


DENVER — Although foreign trade historically 
has been fee job of seaports, this inland city 1,000 
miW from fee sea will play host next month to world 
leaders at their annual economic summit meeting. 

The choice of Denver as fee gathering place is 
symbolic of how America’s heartland is becoming a 
major participant in fee world economy, leading fee 
country in foreign trade growth and drawing in- 
vestment from around the globe. . 

Qf the 10 states dial recorded die fastest rales oi 
export growth from 1988 to 1996, seven were land- 
locked Western states. Arizona, fee region's starper- 

fonner, now exports more per capua than New York. 


Colorado, once viewed mainly as mountain and 
ranch country, recently saw the value of its man- 
ufactured exports surpass that of its farm and ranch 
production. 

Traditional heartland industries such as agricul- 
ture and mining are rapidly growing and joining the 
world economy. Wife exports of processed food 
soaring. Plains fanners are riding a boom feat is 
forecast to double American food exports over 15 
years, to $80 billion in 2005. 

At fee same time, technological advances have 
allowed new industries such as financial services, 
computer services and telecommunications to flour- 
ish in fee world economy from bases in the nation's 
interior. 

“In terms of integrating into world markets, fee 


heartland has played catch-up at a very fast clip in the 
1990s,” said Mark Drabenstott, vice president for 
research at the Federal Reserve Bank in Kansas City, 
Missouri. 

High economic growth has brought new con- 
straints as state officials struggle with labor and 
housing shortages and with fee historic barrier to 
growth in the West — water. 

But statistics bear out a remarkable economic 
surge for almost all the U.S. states in the Mountain 
time zone, a geographically disparate area that in- 
cludes all or parts of Arizona, Colorado, Idaho, 
Kansas. Montana, Nebraska, New Mexico, North 
Dakota, South Dakota, Utah and Wyoming. 

See DENVER, Page 6 


New Details 
Of War Deals 
Rock the Swiss 


By Alan Cowell 

New York Times Sendee 

BONN — Reeling from charges that 
it helped prolong World War II through 
its financial dealings with the Third 
Reich, Switzerland on Wednesday 
faced new accusations that its wartime 
weapons industry profited from — and 
favored — Hitler’s Germany in arms 
trading worth millions of dollars. 

The disclosure will heap further dis- 
credit on a nation feat cast itself as a 
wartime neutral but whose actions are 
seen more and more by outsiders and by 
some Swiss as those of a power that 
collaborated broadly with Nazi Ger- 
many under the cloiak of that neutral- 
ity. 

The weapons deals between Switzer- 
land and Nazi Germany had been 
widely-known long before Wednes- 
day's disclosures by Mauro Cerutri, a 
historian at Geneva University. 

What was new, Mr. Cerutti said in a 
telephone interview, was a documented 
and detailed accounting of the compa- 
nies and amounts involved in a trade 
that from 1940 to 1944 amounted to 600 
million Swiss francs, at wartime 
prices. 

“It’s fee first time there’s a list and 
it’s a very detailed list,” he said, re- 
ferring to a document dating to 1946 and 
discovered in the archives of the Swiss 
Military Department. Quoting a defense 
official, Mr. Cerutti provided similar 
details in a paper published in a Swiss 
academic journal last year, but little 
attention was paid to it at that tune. 

Swiss officials have always sought to 
cast their wartime dealings wife Nazi 
Germany as a function of their now- 
disputed neutrality, maintaining feat 
wartime Switzerland dealt even- 
handed! y wife fee Third Reich and fee 
Allies. 

Bui according to Mr. Cerutti, 
See SWISS, Page 6 






INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 


PAGE TWO 


U.S. Scandal No Problem / 'Great Face' in Indonesia 


The Riady Empire and Human Connections 


By Sharon LaFraniere, 
John Pomfret 
and Lena H. Sun 

Washington Post Service 


T HE Lippo logo — two 
bright rroinfimry signs — 
is ubiquitous in Indonesia. 
Besides the banks and fi- 
nancing firms at Lippo's care, the 
ccanpany manufactures textiles 
and electronic products, mines 
coal, sells insurance aid builds 
shopping centers, housing devel- 
opments and hospitals. Its flagship, 
Lippo Limited, discloses assets of 
$3.6 billion. In Jakarta, locals joke 

that lippo for I mma-T jmna 

Indonesia Pun Punya Oe, mean- 
ing: In the long run, even Indonesia 
wm be mine. 

Mocbtar Riady, a charmingly 
genial man with an easy dignity, 
built the Lippo empire over four 
decades, beginning with a single 
bank. Now 68. he laid out his 

Second of two articles. 

business philosophy in a 1984 in- 
terview with an Arkansas 
magazine: “Every network has to 
have its foundation laid on spe- 
cial, personal, human connec- 
tions^ he said. “What lam look- 

X st is what my partners can 
r in personal contacts and 
business connections.” 

The result of those connections 
today is a network of joint ven- 
tures with others from Mr. 
Suharto’s half-brother to Wal- 
Mart One count puts the number 
of Lippo's subsidiaries at 143. Its 
intricate structure, typical of 
Asian conglomerates, means “no 
one can really put the pieces to- 
gether,” said Stephen Chipman, 
.former Asia director for the ac- 
counting firm of Grant-Thomton. 

James Riady "s estate outside 
Jakarta, one of at least three lavish 
homes he owns, is testimony to 


the success of his father's philo- 
sophy. A three-story manor in the 
middle of a Lippo-owned golf 
course, it contains multimillion- 
doUar art collection. Outside is a 
lake and pad for Riady 's heli- 
copter — all ringed by a moat. 

For all the Riadys’ wealth, 
however, they axe not in the top 
tier of politically connected In- 
donesian firms. A half-dozen or so 
others are closer to Mr. Suharto, 
and more likely to benefit from 
government largesse. Mr. Suharto 
has ruled Indonesia far 31 years, 
and his control of the world’s 
fourth most populous nation is ab- 
solute. His relatives are among die 
beneficiaries of bis power over 
commercial enterprises: Every 
television owner, for example, 
pays a tax to a company owned by 
Mr. Suharto’s oldest son. 

Mr. Suharto's relatives are in- 
volved in some Lippo businesses, 
but Mochtar Riady 's mam contact 
with the Indonesian president is 

SioeLiong. 

sia’s business elite, Mr. Liem and 
Mr. Riady are ethnic Chinese, and 
they face the prejudice and re- 
sentment of the indigenous In- 
donesians known as pribumi. 

Mr. Liem, sometimes described 
as Indonesia's richest business ty- 
coon, has the advantage of a close. 



T«H W-hl^a* fta 

The lippo Bank In the Chinatown section of Los Angeles. 



James Riady, deputy chairman of the Lippo Group conglomerate, with his wife and daughter. 


Suharto. But Mochtar Riady, who 
shed his Chinese name of Lee Mo 
He to fit in better with the 
pribumi, is “in the outside circle, 
trying to move inward.” said one 
former UJS. official who special- 
ized in Indonesia. 

The Riadys may need good re- 
lations with the Suharto regime 
now more than ever because their 
financial empire appears not quite 
as secure as it once was. Id late 
1995. Lippo Bank’s failure to 
make an inter-bank interest pay- 
ment caused a run on the bank. 


Panicked depositors yanked out 
funds, and a group of private 
companies, at the behest of the 
state-owned Central Bank of In- 
donesia, came to Lippo's rescue. 

That was followed by a finan- 
cial restructuring in September 
that allowed the Riadys to pump 
$373 million into Lippo's ailing 
real estate development opera- 
tions. Lin Che Wei, a financial 
analyst in Jakarta, sees Lippo as a 
carefully balanced house of cards, 
held up partly by the Riadys' 
practice of gobbling up shares of 
Lippo stock to drive up the 
price. 

At the same tune the Riadys are 
trying to maneuver closer to Mr. 
Suharto, the family is positioning 
itself with toe Chinese govern- 
ment. In 1993, for instance, Mr. 
Riady and an associate, John 
Huang, arranged a trip to Atlanta 
so a high-ranking Chinese Com- 
munist Party official involved in 
Beijing’s bid to bold toe 
Olympics in 2000 could meet toe 
team that put on the 1996 games. 

The Chinese government has 
responded favorably to Lippo's 
overtures: China Resources, a 
wholly owned enterprise of 
China’s Ministry of Foreign 
Trade and Economic Coopera-' 
tion, is now an equal owner with 
Lippo m Hong- Kong Chinese 
Bank in Hong Kong. When Lippo 
was desperate for cash to bolster a 
struggling real estate develop- 
ment outside Jakarta, toe Chinese 
firm came up with $26 million. 

Lippo is setting up banks, 
building hotels, stores and offices 
and investing in cement factories 
in a half-dozen Chinese cities. In 
Fujian Province, the ancestral 
home of Mocbtar Riady ’s par- 
ents, Lippo plans a major devel- 
opment. 

The Riadys came to know Pres- 
ident Bill Clinton by happen- 
stance. When Mochtar Riady de- 
cided in the late 1970s to shop for 
a U.S. bank, Stephens Inc., a 
prominent investment banking 
house based in Little Rock, 
provided advice. Jack Stephens 
and Mochtar Riady hit it on, and 
the two families bought a con- 


trolling interest in Little Rock’s 
Worthen Bank. 

Mochtar Riady installed his 
confident and energetic middle 
son, James, as Worthen ’s co-pres- 
ident. The younger Riady, then 
28, didn’t care much about pol- 
itics, but “be was interested in 
people who were important be- 
cause they were impor t an t,” said 
a former worthen executive who 
worked for him. When Mr. Clin- 
ton went to Hong Kong in 1985, 
the Stephens and Riady families 
arranged a cruise of Hong Kong 
harbor, a dinner, a shopping trip 
and a cocktail reception. 

To the Riadys’ disappoint- 
ment. the Stephens partnership 
feD apart in 1986 after a New 
Jersey investment firm drat owed 
Worthen $52 mini on went bank- 
rupt That spelled the end of toe 
bank’s international division. 
Bank examiners said it involved 
too much risk, and they criticized 
a number of insider loans to en- 
tities controlled by the Riadys and 
the Stephenses. 


O NCE he packed up in 
Little Rock, James 
Riady concentrated on 
a small, troubled retail 
bank in California that he bought 
in 1984. But the Riadys were not 
much -more- successful in Cali- 
fornia titan in Little Rock. Lippo 
Bank, as it is now called, nas 
steadily lost money, staying 
afloat only because James Riady 
has poured in $26 million. 

In 1990, bank examiners re- 
quested a criminal investigation 
after discovering that a 21-year- 
old teller made more than 900 
wire transfers totaling $7 million 
to accounts at the Hong Kong 
Chinese Bank, owned by Lippo 
and China Resources. According 
to an examiner’s memo, the teller 
routinely wired amounts of just 
under $10,000, the threshold at 
which transfers must be reported. 
Almost all were booked under 
phony names and initialed by a 
supervisor, according to congres- 
sional investigators. There is no 
indication that tbe bank’s top ech- 
elon knew of the practice. 


What interested James Riady. 
increasingly, was developing 
U.S. political contacts. His rep- 
resentative was Mr. Huang, who 
ran toe Los Angeles-based bank. 
Mr. Huang and Maria Hsia, an 
Asian American fund-raiser in 
California, began raising money 
far the Democratic Senatorial 
Campaign Committee in the late 
1980s. In an April 1988 memo 
sent to Ms. Hsia, Mr. Riady listed 
six senators he wanted to invite to 
Indonesia. Hong Kong and 
Taiwan, with private dinne rs or 
luncheons hosted by his family. 

Mr. Riady also specified the 
need fra- senators to urge Taiwan 
to loosen its regulations and allow 
Asian American banks, or at least 
his bank, to open offices there. It 
was one of the few times be 
x seemed to be seeking a specific 
benefit from U.S. officials. 

, But his efforts to play on the 
U.S. political scene in those years 
paled in c om parison to the push 
hi s family made onoe Mr. Clinton 
was elected president in 1992. 
Mochtar Riady flew to Little 
Rock to see Hillary Rodham Clin- 
ton receive an “Arkansan of toe 
Year” award from tbe March of 
Dimes. He donated $50,000 rat 
toe spot 

The Riady family’s strongest 
--connection to tbe administration 
was Mr. Huang, who moved from 
tbe Commerce Department to toe 
Democratic National Committee' 
after meeting with Mr. Clinton 
and James Riady in toe Oval Of- 
fice in September 1995. 

With Mr. Huang’s fimd-raising 
activities now the subject of nu- 
merous investigations, the Riadys 
have lost their White House en- 
tree. But ironically, toe contro- 
versy may have done more to 
enhance toe family ’s reputation in 
Asia than all the White House 
visits ever did. 

“The interesting thing about 
this huge scandal is that it’s giv- 
ing them great face in Indonesia,’ ’ 
said a financier with an Asia- 
based firm. “People are saying, 
'It shows you bow influential they 
are, how close they are to the seat 
of power.’ ” 


Timor Exile Puts 
Ginton on Spot 

White House Door Is Barred 


By Thomas W. Lippman 

Washington Post Service 

WASHINGTON — Win- 
ning the Nobd Peace Prize has 

opened doors for Jose Ramos- 
Horta all across Europe and 
boosted his lecture fees, but if 
has not helped him obtain a 
high-level appointment at toe 
White House. 

A member of toe National 
Security Council staff was 
autho rized to talk to him by 
telephone, Mr. Ramos-Hoita 
said here Tuesday, adding, “I 
told him it was toe diplomatic 
equivalent of safe sex.” 

Mr. Ramos-Hoita is an ex- 
ile from East Timor, tbe 
former Portuguese colony 
north of Australia that was 
invaded and annexed by In- 
donesia after Portugal gave it 
up in 1975. 

Based in Sydney, he travels 
tbe world making the case for 
self- determinati on for toe 
East Timorese, Catholics who 
have long resisted the rule of 
Muslim Indonesia. 

Tag year, he and East 
Timor’s spiritual leader. 
Bishop Carlos Ximenes Belo, 
who has stayed in East Timor, 
received toe Nobel Peace 
Prize for their work in calling 
attention to tbe plight of the 
region’s 800,000 people. 

“President Clinton is 
knowledgeable and sensitive 
about East Timor,” Mr. 
Ramos-Horta said Tuesday in 
a meeting with Washington 
Post editors and reporters. He 
recalled that East Timorese 
students demonstrated at the 
U.S. Embassy in Jakarta dur- 
ing Mr. Clinton’s visit to In- 
donesia in 1994, and said Mr. 
Clinton’s response had been 
sympathetic. 

But Mr. Ramos-Hoita’s 
quest for a high-level White 
House reception, during a 
previous visit to Washington 
In March and on bis current 
trip, has presented the White 


House withanuBcomfbrtabfe 

choice. 

Mr. Clinton lias drawn crit- 
icism from some commenta- 
tors for granting Write House 
access to big-spending In- 
donesian campaign; contrib- 
utors while denying it to Mr. 
Ramos-Horta, but adminis- 
tration officials said toe is^ue 
went beyond Mr. . -Clinton's 
desire to maintain goed re- 
lations with an izqpoit&D! 
Asian economic powe^, 

Mr. Ramos-Horta^- hot 
like the Dalai Lama, tSs spir- 
itual leader of Tibet’s 
Buddhists who has. beta wel- 
comed at toe White Boflse 
over Chinese objections, ad- 
ministration officials said. He 
is a political activist who in toe 
past has been associated.wjto 
groups promoting: viofeti|£ 
one official said, and “there is 
some question whether he fas 
been sufficiently sanitized; by 
toe Nobel Prize.” 

Bishop Belo, co- winner of 
toe prize, is a religions figure 
who lives among Ins people 
and would be a more accept- 
able figure for high-level ad- 
ministration attention, LLS. 
officials said. • 

Mr. Ramos-Horta has met 
with Undersecretary of State 
Timothy Wirth and with John 
Shattuck, assistant secretary 
of state for human rights, who 
has twice visited East Th$or 
to show U.S. concern for con- 
ditions there. . * 

He wanted a meeting with 

Mr. Clinton or a cabinet-level 

official on his current visit, 
adminis t ratio n officials said. 
But even if the president ware 
so inclined it was not goiagto 
happen because Mr. Clinton, 
Secretaiy of State Madeleine. 
Albright and Deputy Sec*eJk 
tary of State Strobe Talbott 
were all out of the country.’ 

“I’ll crane back,” Mr. 
Ramos-Hrata said wryly. 
“I’ll accommodate their 
schedules.” . • 


Detained Palestinian Suspends Disputed TV 


TRAVEL UPDATE 


Louvre Is Free During New Strike 

PARIS (AFP) ~ The Louvre opened 'free of charge Wed- 
nesday during a cashiers' strike. ' .J. 

: - The museum rebpened Monday after a fiye-day strike by 
museum guards that cost 1 .7 million francs ($370,000) in lost 
revenue, management said. 

The cashiers, like toe museum guards, are demanding extra 
days off and more staff. 

Washington Adding Museum Bus 

WASHINGTON (AP) — Tourists will find a special bus 
serving 23 of Washington’s major museums and some other 
sites, beginning Sunday. 

“Museum Bus” will operate seven days a week through 
September. Tickets, which can be bought at museums and 
more than 50 hotels, cost $5 for one day or $15 for five days. 

A five-day family ticket will be available lira $25. 

Buses will run every half hour, 10 AM. to 5 PJM. ; 

I ta l ian air traffic controllers revoked an eight-hour na- 
tionwide strike that was called for Wednesday. (AP) _ 

Traffic controllers at 17 airports in western Siberia went 
on strike Wednesday to seek bade wages. (AP) 


t 

rr 


AMERI 


s 


5 

MM*/ 


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Start TaJs 




-.purs that 


WEATHER 


Agence France-Presse 

RAMALLAH, West Bank 

— A Palestinian- American 
journalist who spent the last 
week in jail apparently for 
tele vising live coverage of the 
Pales tinian legislative said 
Wednesday that he was su s- 


“A1 Quds television de- 
cided to stop transmission of 
toe Palestinian legislative 
council,” Daoud Kuttab said 
a day after his release from 
detention, referring to his 
television studio based in 
Ramallah. 

“This decision was made on 
Radiy before my release by toe 
police. It was a unilateral de- 
cision and was not made under 
pressure from anyone.” 

Mr. Kuttab was released 


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Tuesday night after a week in 
detention in toe West Bank 
self-rule area of Ramallah. He 
was never charged or even 
questioned by the police, be 
said. 

“They only asked me rate 
question at toe beginning, if I 
was connected to A1 Quds 
television.” he continued. 
“After that they never asked 
me anything.” He conducted 
a hunger strike from Friday to 
Tuesday inside toe Ramallah 


police station where he was 
held, but said he “was not 
mistreated by the police.” 

Mr. Kuttab 's studio had 
been broadcasting live de- 
bates of toe council, which 
often include criticisms of 
Palestinian Authority offi- 
cials not otherwise heard by 
the Palestinian public. 

He insisted that the suspen- 
sion of the broadcasts was 
“notadefeat,” adding that tbe 
Information Ministry had cast 


doubt on whether broadcast 
licenses for A1 Quds, an in- 
dependent station, permitted it 
to transmit council sessions. 

An East Jerusalem resident 
who has U.S. citizenship, Mr. 
Kuttab had been broadcasting 
under contract with die coun- 
cil and with a grant from the 
U.S. Agency for International 
Development. 

The transmission was elec- 
tronically jammed for three 
weeks before his arrest. 


Forecast for Friday through Sunday, as provided by AccuWeatfrar. 


Israeli Proposals to Revive Talks Are Rebuffed 


Agence France-Presse 

GAZA CITY — An Egyp- 
tian envoy began a shuttle 
mission Wednesday to try to 
bring Israelis and Palestinians 
tack to toe negotiating table, 
but Palestinian officials re- 
buffed Israeli proposals for 
reviving peace talks. 

The Palestinian l eade r , 
Yasser Arafat, said the Egyp- 
tian envoy, Ossama Baz, had 
brought him a letter from 
President Hosni Mubarak de- 
tailing a 'summit meeting 
Tuesday with Prime Minister 


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the newsstand price. 


Benjamin Netanyahu of Is- 
rael. Mr. Arafat said Mr. Net- 
anyahu had not agreed to Pal- 
estinian demands to freeze toe 
construction of Jewish settle- 
ments in predominantly Arab 
East Jerusalem. 

According re toe Palestinian 
information minister. Yasser 
Abed Rabbo, Mr. Netanyahu 
offered to ensure progress in 
implementing overdue Israeli 
commitments under a 1995 in- 
terim peace agreement as a 
way of enticing the Palestin- 
ians back into negotiations. 


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Tbe Palestinians rejected 
toe offer, he said. “These are 
used goods and we know it,” 
Mr. Rabbo said. 

“He tod not talk about set- 
tlements or land confiscation, 
which are toe main issues,” 
be added. 

Mr. Baz cautioned Pales- 
tinians not to expect' ‘to reach 
an understanding in one step” 
and said he would continue his 
mission by meeting with the 
Israelis in the next few days 
“to search for ways of ac- 
tivating the peace process.” 


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fflw* 41/106 28*2 t 4 VI OB 26/82* 


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A dMurbenee wB bring tho 
ttnwa lor 8 couple ot Bm- 
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the Midwest. Great Lakes 
and East Friday Mo Satur- 
day. Very warm weather 
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Berlin and Warsaw w R be 
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Southeast Europe will be 
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SegHg nil turn cooter tti a 
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INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, '997 

THE AMERICAS 


Texas Tornadoes 
j. Kill at Least 27 

Another 23 Reported Missing 
" Amid Extensive Devastation 


Thr Associated Press 

JARRELL. Texas — Res- 
^.cuers searched through 
. V swampy fields Wednesday 
■“looking for nearly two dozen 
people missing after one of 
.,&everal tornadoes devastated 
‘‘..this central Texas town. At 
. ' least 27 were reported killed. 


eight people. At daybreak, up 
to ISO Tescue workers began 
slogging through fields, knee- 
deep in water, to look for sur- 
vivors around Janell. 

“In disasters we’ve seen 
like this before across the 
country, there have been 
some miracles, some people 
found alive after several 


The storm Tuesday leveled found alive after several 
about 50 homes and left other hours and sometimes a few 
_ ’Evidence of widespread dam- days.” Sheriff Ed Richards of 
age, including snapped tele- Williamson County said. 
- i J* one P° !es ' ^ °f clothing “We hope to still find some- 
/Tlanging from fences and a body alive.” 

tractor-trailer turned upside Ray Westphal, manager of 
^SIowq in a field. a restaurant in Cedar Paris 

Tte staie s deadliest tor- about 25 miles away, said he 
iiJjjadtws in a decade ripped was watching the horizon 
through four counties in cen- with others in his parking lot 
' ■ >ral Texas — from Waco to “until the funnel started com- 



POLITICAL 


Austin. Jarrell, a town of ing through the sky. As it got b-jim 

.000 about 40 miles north of closer, building tops were fly- Canadian Coast Guard officials talking with an American fisherman on the 
Austin, was hit hardest, with ing around. It was picking Christina, a Seattle-based trawler that was seized and then detained at Port Hardy. 
• r » the debris so scattered that cars up into the air, flinging 

■* Av'pn mmnilinn n rf A M#l< IaII •L m » 1 tv 


'even compiling a death toll 
y. was difficult on Wednesday. 

Initially, the authorities 
[*;;said the tornadoes killed 33, 
including 31 in Jarrell, one 


them everywhere.” 

This is the second time in a 
few years Jarrell has been 
struck by a tornado. In 1989, a 
tornado killed one person and 


U.S. Delays Canada Talks 


r . including 31 m Jarrell, one tornado killed one person ana v 

“‘person who died in an Austin severely damaged or des- o > * » . n . n,. T T 01 ti* 

. tornado and another who troyed 35 homes and a dozen d61ZUT6 OI AnU TI CHU DORIS StlTS Up bRllllOIl UlSpiltG 
* . drowned in a Travis County mobile homes. * 4 

‘‘creek. The tornadoes were the Reuters in the Pacific Northwest, In a statement from Oita' 

But on Wednesday the state’s deadliest since 30 WASHINGTON — The which had been scheduled to on Tuesday, Foreign Affa 

j;. medical examiner and a hos- people died and 162 were in- United States has postponed resume Friday, had been Dost- Minister Llovd Axwort 


The tornadoes were the 
state’s deadliest since 30 
people died and 162 were £n- 


"pital said they had only 27 jured in the West Texas town 
“ bodies from Jarrell, and an- of Saragosa on May 22, 1987. 
■'other 23 persons were unac- The two deadliest tornadoes 
.counted for in Jarrell. Five in Texas history occurred in 
I 1 / more were missing in Cedar Waco on May 1 1, 1953, and in 

m «... V *■ ■ % M * • n m AAA m 


The two deadliest tornadoes authorities in Canada seized 
in Texas history occurred in four American trawlers. 


Reuters in the Pacific Northwest, 

WASHINGTON — The which had been scheduled to 
United States has postponed resume Friday, had been post- 
negotiations with Canada over poned “until a more favor- 
salmon fishing because (he able climate for discussions 


../more were missing in Cedar Waco on May II, 1953, and in The Slate Department an- 
'^Paric, where a grocery store Goliad on May 18, 1902. Each nounced that negotiations 
'..Collapsed, injuring at least storm killed 1 14 people. over dwindling salmon stocks 


can be achieved.” 

A State Department offi- 


In a statement from Ottawa 
on Tuesday, Foreign Affairs 
Minister Lloyd Ax worthy 
said Canada was acting with- 
in its rights under internation- 
al law and regretted the U.S. 
postponement, but he added 


rial, speaking on condition of that Canada was prepared to 
anonymity, said, “The Cana- resume negotiations. 


AMERICAN 

TOPICS 

Bad-Mouthing Food? Beware! 


things Western. 

The result, said Jerry Wallace, a spur 
maker from Madfil, Oklahoma: 
“Everything just went up ridiculously 
high.” Well-crafted spurs now fetch prices 
of up to $2,000. 


dian actions are regrettably 
poisoning die atmosphere.” 

Canada and the United 
States have skirmished for 


When the talks collapsed 
Canada began re-enforcing a 
regulation that rcqu » all 
U.S. fishing boats t> it pass 


years over salmon catches in t. trough Canadian waters to 
the Pacific, and die pressure report to the authorities and 


ad-Mouthing Food? Beware! The day after the Supreme Court let 
„ , . . ° . . . stand Baltimore’s ban on billboard advert- 

Caieful what you say out loud about your ising f or tobacco products, a Los Angeles 
broccoli — someone might be listening. city councilman introduced a similar law. 

In 14 states, food producers can sue Then counrilmen in cities from New 
anyone found to be spreading false and York to Harrisburg, Pennsylvania, did the 
damaging information about products same. The court's decision lastmonth ’ ‘was 
ranging from hamburgerto cantaloupe, and an inspiration to other cities, 1 " said Jim 
eight other states are considering such laws. Fouts, president of the city council in War- 
reports The Washington Post. ren, Michigan, where legislation for such a 

• • .These - sorcailed food-disparagement ban has been mtnodiiced. J ‘ *"• • - ’ 

™ by ' moderns in the - xh e Supreme Court let stanz a' loweir ' 

. Ift70s. andj 80^ when producers and sellers < 3 ^ nittnV that extends only to MaiyTaniJi" ’ 
of chemically treated gripes and apples, Virginia, West Virginia and the Carolinas . 1 
among other products, suffered serious Tire constitutionality of such bans — which 
losses after negative publicity that later was proponents say protect the young, but ad- 


for a deal has been mounting 
before this year’s salmon run 
begins next month. 

The Canadians halted the 
talks a week ago when the 
U.S. team said it was not au- 
thorized to offer a specific 


stow their fishing gear. 

The rap**™* of he first 
three boats appeared i" court in 
Port Hardy, British C ohnnbia, 
on Tuet> H ay. The* pleaded 
guilty, were fin*. * $222 ($300 
Canadian) each nd regained 


catch reduction. f>na da is custody of their 'oats, an of- 
concerned that American fidal of the Fis! tries Depart- 


boats are overfishing the sal- 
mon stocks as they head 
through Alaskan waters into 
Canadian waters to breed. 


ment said. The fourth boat, 
from Washington State, was 
seized off die coast of British 
Columbia on Tuesday. 


Gore Defends Clinton 
On China Trade Policy 

NASHUA, New Hampshire — Vice 
President A1 Gore defended President Bill 
Clinton’s derision to re -extend China’s 
trading privileges against criticism that the 
policy ignores human rights violations. He 
said the administration was “ ’placing a bet” 
that economic liberalization there would 
“build pressures toward political liberal- 
ization for the Chinese people. 

Reacting to an attack on the adminis- 
tration’s China policy by the House minor- 
ity leader, Richard Gephardt, Democrai of 
Missouri, a likely challenger to the vice 
president for the Democratic nomination in 
2000, Mr. Gore said Tuesday that neither he 
nor die president was satisfied with the pace 
of China's progress on human rights. 
“What they choose to do is not entirely in 
our control," he said. “But the question is, 
how do we best influence them?” 

Mr. Core offered his defense of the pres- 
ident's policies as he spent the day touring 
New Hampshire, traditionally the site of the 
first presidential primary. Throughout the 
day. Mr. Gore played loyal vice president 
while looking after his political interests. He 
refused to comment on the Supreme Court’s 
decision in the Paula Corbin Jon ?.>, case other 
than to say it would not deter the president 
from “doing what he was elected to do.” 
held an ami-smoking event ax an elementary 
school, promoted the economy at the open- 
ing of a high-technology facility and spoke 
to the Nashua Chamber of Commerce an- 
nual dinner, often the site of speeches by 
Republican presidential candidates. 

At every stop, he sought to draw attention 
to New Hampshire's booming economy, 
noting unemployment has fallen during Mr. 
Clinton’s presidency from about 8 percent 
to just over 2 percent. He also defended the 
balanced-budget agreement negotiated by 
the White House and congressional Re- 
publicans as crucial to the continuation of 
economic growth and investment. 

Mr. Gore may not have wanted to talk 
about presidential politics, but everywhere 
be went his hosts seemed to bring it up — 


Away From Politics 

• Children who learn violent behavior 
fike hitting, kicking and shoving can un- 
learn it in less than six months, researchers 
said. A study reported in the Journal of the 
American Medical Association helps dispel 
the notion that nothing can be done about 
rising violence among the nation's young 
people, government experts said. (AP) 

• Cars pulled over after an armored 
truck spilled hundreds of thousands of dol- 
lars during rush hour in Lincoln Park, 
Michigan. Police said one person may have 


even at an elementary school in 
Manchester, where he was greeted by pu- 
pils chanting, “We want Gore!” (WP ) 

Molinari Is Expected 
To Quit Congress for TV 

WASHINGTON — Representative 
Susan Molinari, Republican of New York, 
the highest-raniring woman in the House 
Republican leadership, will leave Congress 
Aug. 1 to co-anchor a new CBS News 
broadcast. 

Ms. Molinari and CBS News announced 
the iwo-hour program, “CBS News Sat- 
urday Morning.” at a press conference in 
New York on Wednesday morning. The 
broadcast is to begin this fall and Ms. Mo- 
linari ’s co-anchor will be named later, the 
network officials said. 

Ms. Motinari's departure from the House 
means the loss of one of the Republican 
Party's most telegenic spokespersons. Last 
summer, the Republican presidential nom- 
inee. Bob Dole, picked her to deliver the 
keynote address at the party’s nominating 
convention in San Diego. 

Her decision is also a blow to Republican 
efforts to broaden its appeiJ among women 
an 1 ■ ers in the Nonheas:. where the party 
sutler? • its worst losses in last fall’s elec- 
tions, as they seek to enlarge their majority 
and capture the White House in 2000. 

House leaders, especially Newt Gin- 
grich. Republican of Georgia, have turned 
to her for advice on reaching out to women 
voters. In addition, she is among a small 
group of House Republicans that the ma- 
jority leader. Richard Armey, has asked for 
counsel on how to widen his appeal outside 
conservative circles. (WP) 

Quote I Unquote 

Vice President A1 Gore, visiting New 1 
Hampshire, traditionally the site of the first 
presidential primary, where he aigued that j 
talks about presidential politics for the year 
2000 are premature: “It’s 987 days until the 
New Hampshire primary — but who’s 
counting?" (WP) 


sped off with $20,000. The driver of the 
truck reported hearing a “whooshing” 
noise as bags containing as much as 
$600,000 flew out onto Interstate 75. (AP) 

• Scientists In Florida are releasing hun- 

dreds of parasitic wasps in an attempt to 
wipe out a giant breed of whitefly that is 
attacking landscape plants. (AP) 

• A former graduate student pleaded 

guilty in die skyings of three professors at 1 
San Diego State University. Frederick Mar- * 
tin Davidson, 36, is scheduled to be sen- 
tenced Aug. 1 to three life terms without the 
possibility of parole or appeal (AP) 


held to be uninformed. ^ vertisers call an offense to the right of free 

In a current test case in Texas, an Am- speech — remains an open question, 
arillo rancher is suing the popular talk- 

show host, Oprah Winfrey, for saying on a Patrick Palmer beat 0 * 
program about “mad cow” disease that “it fition to become the gart>a 
has just stopped me cold from eating an- Bristol, Vermont, because 
other burger.” Her comment sent beef others didn't — a horse and 
prices down for two months, the rancher’s „ 

attorney contends. 


Short Takes 

If you've got spurs that jingle-jangle- 
j ingle, consider yourself lucky. Spurs and 
other cowboy paraphernalia such as hol- 


Pa trick Palmer beat out the compe- 
tition to become the garbage collector of 
Bristol, Vermont, because he had what 
others didn't — a horse and carriage. 

Selectmen in the town of 3,900 said it 

was Mfr. Palmer's ability to pick up the trash 
without tire noise or pollution of a truck that 
won him the job, although one competitor 
bid $700 less for the post. Mr. Palmer will 
ingl e-jangle- be paid $15,600 for the year, 
y. Spurs and Mr. Pabner and his draft horses cover the 

such as hoi- route at a leisurely pace. It takes them all 
is are much- day to pick up the garbage. If the horses 
ie past six or themselves leave anything behind, it gets 


store, belt buckles and saddles are much- day to pick up the garbage. It the hor 
desired objects these days. The past six or themselves leave anything behind, it % 
seven years have seen “a total explosion” shoveled up and tossed into the wagon, 
of demand, said Bill Manns, a specialist in international Herald Tribune 


The sensation of time 



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PAGE 4 


Indonesia’s Military 
To Seek Increased Role 

Army Keeps Low Profile During Vote 


By Michael Richardson 

International Herald Tribune 

JAKARTA — After a period of de- 
clining influence, the mili tary in In- 
donesia is set to re-establish its position 
as a key arbiter of political power. 

Scenes of securi ty forces battling to 
control clashes between supporters of 
rival parties in campaigning for legis- 
lative elections scheduled for Thursday 
were broadcast around tbe world, giving 
die impression of a police state. 

But Western observers said Wednes- 
day that the Indonesian military had 
acted with restraint in a volatile situ- 
ation where the use of lethal force could 
have resulted in worse rioting. 

Although at least 260 people died in 
the 27 -day campaign period, most if not 
all were killed in motorcade accidents, 
arson attacks or clashes between rival 
political factions. 

“To our knowledge, none of the fatal- 
ities were caused by police or soldiers 
shooting people,” a Western diplomat 
said- “We think the armed forces have 
been very restrained and disciplined.” 

A Western defense attach* said that 
only when the most serious violence 
Dared in the last week of the official 
campaign period that ended last Friday, 
were soldiers sent in to support riot 
police. Even then, the attach* said, only 
blanks and rubber bullets, not live am- 
munition, were used. 

But Indonesian and Western analysts 
said they did not expect such restraint to 
last beyond the election, the results of 
which are not expected until Friday. 
They said the upsurge of lawlessness 
before and during the campaign, and 
uncertainty over tbe succession to Pres- 
ident Suharto, a former army general 


and manipulative band at times, if it 
does not hold the ring everything could 
erupt,” die Western defense attach* 
said Wednesday. 

Since the 1950s, die armed forces in 
Indonesia have had a dual role: to de- 
fend tbe country from external attack or 
subversion; and to act as an internal 
stabilizing force to help maintain na- 
tional unity and economic growth. 

Officially, the 400,000-strong mil- 
itary, which includes the police, is a 
neutral referee in tbe elections, allhough 
it established the governing Golkar 
party in 1964 and continues to have 
close links with it. 

Police officials, meantime, said the 
country had been placed on a security 
alert Wednesday to prevent possible un- 
rest during or after Thursday’s elec- 
tions, Agence France-Presse reported. 
Some 25,000 police and soldiers were 
said to have been deployed in Jakarta. 

* ‘The alert has been ordered for all of 
Indonesia's provinces,” said Colonel 
Bambang Haryoto, a spokesman for the 
national police. “We have done this so 
that die voters feel secure, and also in 


Australian Factions Wrangle 
Over Aborigine Reparations 


CANBERRA — Prime Minister 
John Howard rejected calls Wednesday 
for compensation payments to gener- 
ations of aborigines taken from their 
parents during decades of farced as- 
similation by whites. 

“This is asking one generation to 
accept legal responsibility for the acts of 
earlier generations,” Mr. Howard said 
Go Parliament in an emotional debate 
that brought Kim Beazley, leader of the' 
opposition, to tears. 

“Once a nation begins to go down 
that path, there is in fact no end,” the 
conservative prime minister added. 

Tbe debate came as a landmark re- 
conciliation conference ended in Mel- 
bourne with a warning that racial har- 
mony could not be achieved without the 
country’s 200-year-oJd land conflict 
first being resolved. 

Aboriginal leaders also called for a 
government apology and compensation 
to the tens of thousands of children 
uprooted under the assimilation policy, 
which was labeled genocidal tins week 


in a report from Australia’s Human 
Rights Co mmissi nn. 

The forced assimilation practice, 
which was justified at the time as child 
welfare, stopped only in the 1960s. 

The parliamentary Labor opposition 
has joined the call for compensation, 
and Mr. Beazley cried as he moved in 
Parliament to establish mechanisms for 
compensation and asked the govern- 
ment to apologize to tbe “stolen gen- 
eration.” 

Mr. Howard used his numerical 
strength in Parliament to vote down the 
motion. But conservative parties in two 
states — Western Australia and South 
Australia — voted for official apologies 
to be made. The Labor-led New South 
Wales legislature has already issued an 
apology. 

Mr. Howard offered a personal apo- 
logy, but his opponents demanded a 
formal expression of national regret 

Mr. Beazley said Che rights commis- 
sion's report had mid of children taken 
from then families and exposed to sexu- 
al and physical assault 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 

^ mam i 

ASIA/PACIFIC 


who has ruled the country for over 30 
years with military support, have 
brought die aimed forces back to center 
stage again. For a time, they had lost 
some power to civilians from the coun- 
try’s emerging middle class. 

Mr. Suharto, who is 75, has not said 
whether be will seek another five-year 

NEWS ANALYSIS 

mandate as president in March 1998, but 
even if he is re-elected it is likely to be 
his last term in office. 



P. Maoud CcssM/Aceorc Fmwft* 

Police patrolling Wednesday in Batijannasin, Indonesia, as security was reinforced for Thursday’s vote. 


anticipation of possible problems.' ' 

In Banjarmasin in South Kalimantan 
— where the worst violence of the cam- 
paign occurred Friday when at least 123 
people, mainly looters trapped in a shop- 
ping mall set ablaze by arsonists, died — 
tire military commander was quoted in 
tbe Indonesian press as warning tfaar 
troops would shoot on sight as a “last 
option” to maintain order in the city. 

Denying rumors that the armed forces 
had deliberately allowed the violence to 
spread to show how indispensable they 
were, Lieutenant-General Syanvan 
Hamid, the military's chief of socio- 
political affairs, said recently that if die 
armed forces really wanted to create 
trouble “all we have to do is sleep for 
two days.” He added that the military 
had been deployed “to find the wisest 
ways to safeguard the elections.” 


Although the military has close ties to 
Golkar, serving members of the armed 
forces are not allowed to voce. Instead, in 
tbe upcoming elections, 75 places in the 
500-seat House of Representatives, or 
Parliament, will be reserved for military 
officers, leaving the remaining 425 seats 
to be carved upbetween tbe three parties 
authorized to contest the elections, in- 
cluding Golkar, which ts expected to 
receive two-thirds of the popular vote. 

In the past few years, as an increas- 
ingly large and assertive professional 
and business class has emerged in In- 
donesia’s cities, the traditional political 
role of the military has diminished, mak- 
ing way for increasing civilian rule. 

For example, in the outgoing Parlia- 
ment, the military had the right to appoint 
100 representatives, 25 more than in tbe 
new legislature. Its representation in cab- 


inet and tire top echelons of the central 
and provincial bureaucracies has also 
fallen significantly in recent years. 

A study by tbe National Institute of 
Sciences that was commissioned by 
President Suharto in 1995 recommen- 
ded earlier thig year that tire political 
role of the armed forces be largely elim- 
inated by the year 2007 to promote a 
strictly professional military and civil- 
ian control of government and politics. 

But Juwono Sudarsono, vice gov- 
ernor of the National Resilience Insti- 
tute, an arm of the defense and security 
department, said that it would take at 
least a decade for a large enough middle 

civil sotiety^fn the meantime, headded. 
the armed forces were “the only in- 
stitution that can hold the country to- 
gether on a nationwide basis.” 


UN Ends ‘Boat People’ Mission 

HANOI — The final UN flight of “boat people" arrived 
in Vietnam on Wednesday, bringing the two-decade saga of 
die refugees closer to its conclusion. 

It was not the end of the drama that began in 1975 with 
the fall of Saigon — several thousand Vietnamese refugees 
remain in Hong Kong — but it was the end of United 
Nations efforts to peacefully repatriate the boat people on a 
voluntary basis. 

The fatal repatriation flight arrived in Hanoi carrying 93 
Vietnamese who bad unsuccessfully sought asylum else- 
where. The Hanoi flight had been one of three Wednesday, 
bringing home a fetal of 245 Vietnamese. (AP) 

Burmese Forces Prevenl Meeiing 

RANGOON — Security forces remained 'around the 
home of Daw Aung San Suu Kyi to stop members of her 
National League for Democracy from gathering to mark the 
anniversary of its unrecognized 1990 election victory, the 
military government said Wednesday. 

“The order that only certain people can enter Suu Kyi’s 
house remains in place and we don't think tbe NLD 
members will attempt to hold any gatherings,” a gov- 
ernment spokesman said. 

Thwarted on tbe first day of its planned two-day meeting 
on Tuesday, the National League for Democracy slammed 
the ruling State Law and Order Restoration Council for its 
blockade. “Although the SLORC has said it will build the 


nation under a democratic system, their actions are contrary 
to building democracy,” the party said. (Reuters) 

Indian Party Race Heats Up 

NEW DELHI — Former Defense Minister Shared Pawar 
entered the leadership race of India's Congress (I) Party on 
Wednesday, intensifying a power struggle in the country's 
oldest political machine. 

“The Congress is fighting for its existence. There is a 
crisis of both leadership and credibility,” Mr. Pawar said at 
a press conference after filing his nomination to challenge 
the party’s current president, Sitaram Kesri. 

Mr. Pawar was preceded by another would-be Congress 
leader, former junior Home Minister Rajesh Pilot, who 
\ filed his papers on Tuesday to run in the leadership vote to 
. be held 'on June 9. (Reuters) 

For the Record 

Sri Lankan warships and planes on Wednesday sank 
seven gunboats in a Tamil rebel convoy carrying re- 
inforcements against an army offensive. At least 21 guer- 
rillas were (rilled, military officials said. Another 16 rebels 
were killed on tbe ground, they said. (AP) 

Some 59,000 tons of food donated by governments of 
different countries and international organizations through 
the World Food Program has arrived in North Korea, 
Pyongyang said Wednesday. ( AFP) 


Taleban Loses? 
Northern City 
In Fierce Fight 
With Ex- Ally 


By Kenneth J. Cooper 

Washingto n Post Service 

■ “ a t 1 

MAZARI-SHARIF. Afghanistan «- 
After a night of fierce street battle^, 
forces loyal to General Abdul Malik tq& 
control Wednesday of this provincial ■ 
cap ital from tbe Taleban Islamic militia, 
unilaterally breaking a potent mflifaqr 
alliance that lasted only a week. . ... 

The defeat of Taleban in the unex- 
pected outbreak of factional fighting 
cast doubt on the fundamentalist mir 
litia's ability to control the north, whiigfi 

had functioned as a ministate for fee 

five years. . . xi 

General Malik's quick, violent ting- 
ing on a new ally that he had embraced 
just last week — following the general's 
defection from the camp of .General 
Abdul Rashid Dustam — once agqSS. 
demonstrated the volatility of Afghan- 
istan’s ethnic-based factions. 

Tbe fearsome night of fighting, wifh 
undefined front lines and combatants 
whose identity was not certain nn® 
Wednesday morning, was the biggegt 
battle in what had been a refuge during 
two decades of civil war in Afghan- 
istan. 

More than 300 Taleban fighters wag; 
killed in a 16-hour battle that beg* 
Tuesday afternoon when General Ma- 
lik’s troops launched surprise attack^. 
The general’s forces continued poandj- 
ing Taleban with tanks and roefcet-pror 
pelled grenades for several hours aftejr 
sunrise Wednesday morning. 

The lightly armed Taleban force of 
3,000, which arrived in Mazar-i-Sharijf 
on Sunday and Monday, was out- 
numbered and outgunned. Taleban 
fighters retreated a half-hour’s drive to 
the southwest or hid in tbe city, resulting 
in sporadic gunfire later in the day as 
General Malik’s troops conducted 
search operations. | 

A top deputy to the general said he 
was confident the northern soldiers^* 
would quickly take unchallenged con^ 
trol of the dusty city, although a convoy 
of a hundred Taleban vehicles was re- 
portedly seen Wednesday afternoon oa 
the road from Pol-i-Khomri. about 175 
kilometers (1 10 miles) to the southeast 
ofMazar-i-Sharif. ; 

The United Nations and aid orgaj- 
nizations made plans to evacuate ex- 
patriate staff members and foreign jour- 
nalists in a convoy to tbe border with 
Uzbekistan, at Termez. ; 

The defeat on Wednesday, the worst 
for Taleban since Qctober.>canie asitb£ 
fundamentalist regime was dose to-ttru 1 - 
lying tile country and was bidding foir 
international recognition on that basis. 
Pakistan and Saudi Arabia this week 
became the first countries to recognize 
the Taleban regime, which had claimed 
to control about 90 percent of the moun- 
tainous country. J 

But General Malik's double-defec- 
tion left Taleban with & tenuous grip on 
at least five northern provinces. The 
reason for his reversal was unclear, al- 
though local residents had expressed 
resentment about taking Islamic order's 
from an ethnic Pashtun militia based in 
the distant south. ! 




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IMTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 


EAGE5 


EUROPE 


Chirac Struggles to Unite Right for Runoff 


i By Joseph Fiichen 

InlertiaSwrut UrrulJ Tribune 

* PARIS — Four days from French 
parliamentary elections, there were 
few signs Wednesday that President 
Jacques Chirac was pulling together 
rival conservative factions for a last- 
minute offensive. 

‘‘The right remains divided and 
uneasy,” read the main headline in 
the newspaper Le Monde the day after 
Mr. Chirac warned that a Socialist 
government would weaken France by 
causing economic stagnation and 
■political confusion. The theme was 
reiterated more bluntly in a statement 
Wednesday after the outgoing gov- 
ernment’s final cabinet meeting. 

' The Socialist leader. Lionel Josnin. 
dismissed the presidential appeal fora 
utaewed conservative majority in vot- 
ing Sunday, saying that Mr. Chirac 
had apparently failed to get the mes- 
sage in the first round of voting when 
French voters last weekend gave the 
'lead to a leftist alliance. 

‘ “French people don’t want more of 
" ^ same from a new team of the same 
Jple,” Mr. Jospin said. “They 
want a new policy." 

Jospin aides said that many voters 
■liked the prospect of a leftist gov- 
ernment working under a conserva- 
tive president at a difficult moment 
‘because they did not want to see all 
branches of government in the hands 
-6f a single party. Such a situation is 


known here as “cohabitation.” 

Leaders of the center-right coali- 
tion pressed home Mr. Chirac’s theme 
that conservatives need enough 
power to push through changes to 
bring greater economic vitality, im- 
pose strong law and order and main- 
tain France’s international position as 
a country shaping European political 
and monetary integration. 

To rebut charges that Socialist for- 
eign policy is naive, Mr. Jospin re- 
leased a joint letter with Oskar La- 
fontaine, the leader of the German 
Social Democrats, saying that both 
parties wanted to change the criteria 
for a single European currency to 
promote faster economic growth and 
more jobs. 

Conservatives are clinging to their 
hopeful line that the final round will 
sec voters shy away from a leftist 
government “The Socialists offer the 
same recipes that were tried in the 
1980s and massively rejected in 
1993,” former Prime Minister Ed- 
ouard Balladur said, referring to the 
last parliamentary election, which 
produced a conservative landslide in 
response to mounting unemployment 
and corruption scandals under Pres- 
ident Francois Mitterrand. 

And Nicolas Sarkozy, one of the few 
conservatives to be re-elected to Par- 
liament in the first round, said: “Voters 
arc like customers: If you disappoint 
them, they don’t come back.” 

This restlessness in the French 


electorate, he said, mode it hard for a 
governing party to win by telling 
people “not to especi the moon.” 

In contrast, the Socialists have been 
avoiding specifics about how they 
would cushion social and economic 
change. Instead, they are hammering 
at the theme of divisions in the con- 
servative camp, contending that Mr. 
Chirac dumped Prime Minister Alain 
Juppe this week in an act of electoral 
puiuc. Mr. Juppe announced that he 
would resign no matter what the out- 
come of the runoff. 

The Socialist tactics are a leaf from 
the script used by Tony Blair, the 
British prune minister, in the closing 
phase of his campaign last month. But 
some conservatives agree with the as- 
sessment that Mr. Chirac has acted too 
late in designating a new conservative 
to embody ibe presidential agenda. 

"He is already storting to act as if 
cohabitation had begun, 7 * the leftist 
newspaper Liberation said Wednes- 
day. 

Conservative leaders said that Mr. 
Chirac had been right in cautiously 
avoiding any dramatic challenge chat 
would nave made it politically im- 
possible to stay in office if voters 
defeat his conservative 


The price of Mr. Chirac's approach 
is that he does not have the leverage, 
or perhaps the time, to impose a united 
front on the contending factions, 
which have been co-existing uneasily 
for the last two years. 

“Pan of our problem is that our 
differences about what to do have 
been singled out as a division and 
source of weakness whereas in fact 
our different approaches are not con- 
tradictory but complementary and a 
source of strength,* Philippe Seguin 
said Wednesday. 

To prove his point. Mr. Seguin. a 
contender for Mr. Juppe’s position, 
has joined forces /or an electoral rally 
with Alain Madelin, a man at the 
opposite end of the conservative ideo- 


And by not designating an individual 
favorite in his speech, Mr. Chirac en- 
sured that the main leaders will go all 
out in an effort to emerge as the best 
vote-gener and the heir to Mr. Juppe, 
no mauer how the vote turns out. 


a left-wing Gaul list, 
advocates a strong government role in 
providing social protection and has 
doubts about European integration, 
while Mr. Madelin, an advocate of a 
single European currency on the cur- 
rent German terms, is France's lead- 
ing free-marketeer and an advocate of 
Thatcherlike shock treatment to lib- 
eralize the French economy. 

If they could work in tandem, the 
pair would offer a combination of 
greater scope for private initiative and 
concern to help weaker segments of 
French society. 

But that experiment was not tried 
by Mr. Chirac — and now may never 
be tested. 



Fiau Mcn/n* Aaccund hia 


President Jacques Chirac smoothing his hair while 
waiting for participants of the NATO talks in Paris. 


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f. US. Presses IRA on Talks 

THE HAGUE — The United States has stepped up 
, . pressure on the Irish Republican Army to declare a cease - 
: fire, arguing that the election of a Labour government 
under Prime Minister Tony Blair presented a new op~ 
, pommity to address the conflict in Northern Ireland, 
- senior U.S. officials said on Wednesday. 

One official said that a top foreign policy adviser to 
President Bill Clinton bad made the point in telephone 
; calls to Gerry Adams, the leader of the IRA’s political 
wing, Sinn Fein, and Martin McGuinness, Sinn Fein’s 
. , ■ chief negotiator. ( Reuters ) 


*}- More and More People 


Why Is Yeltsin Not Getting Off to a New START? 


PAR IS — World population continues to grow rapidly, 
4-. with more than 81 million people bom every year, 
although tire rate of growth is slowing, the United Nations 
Population Fund sard in its annual report Wednesday. 
Global population is currently S.8 billion and will reach 
L- 6 billion around 2000, the report said. It will grow to 8 
billion in 2025. (AFP) 

Workers March in Brussels 

i' BRUSSELS — Several thousand European labor un- 
:■ ion members marched near European Union offices on 

■ ■Wednesday: to show support for increased- workers’ 
rights. Organizers said the protests — marking the Euro- 
asan Day for Employment — were designed to pressure 

■ EU leaders to include a section on workers’ rights in the 

j- constitution governing the 15-nation bloc. (AP) 

U.S. Criticizes Slovakia Vote 

■ WASHINGTON — The State Department has crit- 

' icized the Slovak government for its conduct in a week- 
end referendum. The two-day referendum was widely 
boycotted after Prime Minister Vladimir Meciar restric- 
ted it to voter preferences on NATO membership. It was 
supposed to have been a two-pronged poll on NATO 
membership and how to elect the president. (AP) 


By David Hoffman 

Washington Poa Service 

MOSCOW — President 
Boris Yeltsin’s surprise ges- 
ture to NATO leaders, prom- 
ising to retarget Russian nu- 
clear missiles aimed at their 
countries, was a largely sym- 
bolic move that had already 
been agreed to by the United 
States and Russia. 

But Mr. Yeltsin’s flourish 
obscured a deeper puzzle 
back at home: He has barely 
lifted a finger to complete ac- 
tion cm a far more significant 
and deep reduction in nuclear 
weapons, the second Stra- 
tegic Arms Reduction Treaty, 
known as START-2. 

He signed the treaty with 
George Bush in 1993, it was 
ratified by the U.S. Senate last 
year and Mr. Yeltsin has re- 
peatedly promised to push 
ratification through Russia’s 
hesitant lower house of Par- 
liament, the State Duma. He 
renewed that promise at his 
meeting in Helsinki with 
President Bill Clinton- in 
March. 

Moreover, ratification 
could unlock still deeper cuts 
in nuclear weapons, since Mr. 
Yeltsin and Mr. Clinton have 
agreed that once the START- 
2 treaty is in force, they will 
begin negotiations on lower 
levels in a new START-3 
agreement START-2 set 
ceilings of 3,000 to 3,500 


warheads for each side, which 
would drop to 2,000 to 2,500 
in START-3. The lower 
levels would help alleviate fi- 
nancial problems that Russia 
faces in carrying out the earli- 
er accord. 

But the START-2 treaty 
languishes and Mr. Yeltsin 
has done little to advance it, 
according to some backers in 
Parliament and outside ana- 
lysts. The pact faces strong 

NEWS ANALYSIS 

opposition from nationalists 
and Co mmunis ts, aggravated 
by resentment over the ex- 
pansion of NATO. But these 
officials said that Mr. Yeltsin, 
contrary to his promises to the 
West, has not even begun the 
process that would be nec- 
essary for ratification. 

“If you look at the Duma, 
when Yeltsin really pushes, 
they lay down like a puppy 
dog,” said a Western diplo- 
mat familiar with the Parlia- 
ment “If Yeltsin put some 
oompf behind it there is a 
reasonable chance it might 
get through. His intentions 
are clear, but what’s lacking 
is urgency.” 

So far, he added, “abso- 
lutely nothing has 
happened.” 

Alexei Arbatov, deputy 
chairman of the defense com- 
mittee and a member of the 
centrist Yabloko bloc in the 


Duma, said that Mr. Yeltsin 
would carry considerable 
weight if he chose to lobby 
Parliament for START-2. 

“The only thing required is 
the coordinated action of the 
executive branch, foremost 
by President Yeltsin,” Mr. 
Arbatov said. “I'm con- 
vinced it would suffice for 
Yeltsin to use one hour, pick- 
ing up the receiver from his 
hot and calling all die 
chairmen of the factions and 
chairmen of the committees 
and asldngthem personally to 
support START-2. 

“And then I think the 
D uma would go for it Maybe 
it would be marginal, but it 
would vote for it In the 
present situation, the Duma is 
extremely vulnerable. If 
Yeltsin really wanted to de- 
liver, he could bring START- 
2 to ratification within several 


days.” Mr. Arbatov said the 
fate of the treaty was partly 
tied up in the debate over the 
NATO agreement, which Mr. 
Yeltsin has decided to submit 
to the Duma. 

If the NATO agreement is 
rejected, he said, the arms 
treaty “has no chance.” But 
if tire NATO document is ac- 
cepted. even with reserva- 
tions, the START-2 treaty 
mighr win approval as well, 
he predicted. 

Mr. Arbatov said Parlia- 
ment had long sought a Krem- 
lin plan about how the treaty 
would affect Russia's strategic 
forces. He said the plan had 
been drafted by the Defense 
Ministry but not submitted to 
the Duma — lacking a green 
light from Mr. Yeltsin. 

In Helsinki, the United 
States made some conces- 
sions designed to pave the 


way for START-2 ratifica- 
tion. including a longer 
timetable for deactivation of 
warheads and elimination of 
missiles, which would help 
ease Russia's cash problems. 
Mr. Arbatov called the con- 
cessions “a very positive 
step,' ’ but they have not even 
been discussed in Parlia- 
ment. 

Mr. Yeltsin’s delay on 
START-2 has been partly due 
to his long illness. AJso, said a 
political analyst, Andrei Kor- 
tunov, Mr. Yeltsin does not 
feel pressure at home to acton 
the treaty. 

“I’m not sure that START- 
2 is a matter of Yeltsin’s own 
political survival,” he said. 

‘Especially because he 
promised Clinton, I think 
he’ll try to get it through, but 
he will not invest all his polit- 
ical capita! in it.” 


Early Vote 
Is Likely 
La Turkey, 
Ciller Says 


Reusers 

ANKARA— The deputy 
mime minister of Turkey, 
Tansu Ciller, said Wednesday 
that early elections were 
likely amid a rift in the gov- 
erning coalition over Islamist 
activism. 

“An agenda with elections 
at ti» top of it has emerged,” 
she said at a meeting of her 

True Path Party’s members of 
Parliament. “The solution is 
with the people.” 

Prime Minister Necmettin 
Erbakan’s government has 
been crumbling since the 
army began pushing it to 
crack down on Islamist act- 
ivism in February. 

At a series of meetings, the 
True Path Party will debate 
pulling out of the govern- 
ment “Our party’s bodies 
will meet in the days ahead 
and everything will become 
clear,” Mrs. Ciller said. 

Turkish media said that 
Mrs. Ciller would ask the 
party for the authority to de- 
mand that Mr. Erbakan hand 
over power to her soon to take 
the country to early elections. 
They are due by 2000. 

Mr. Erbakan and Mrs. 
Ciller, who is also foreign 
minister, are due to swap jobs 
next year under a power-shar- 
ing deal. 

But Mrs. Ciller argues that 
she can deflect the army’s 
wrath from the government if 
she takes over as prime min- 
ister earlier and promises 
elections next spring. 

The secularist generals 
have declared their fight 
against Islamists to be a mat- 
ter of “life or death” for Tur- 
key. 

Their pressure has forced 
three True Path ministers and 
a handful of members of Par- 
liament to quit the party in the 
last month. 

The government now has a 
parliamentary majority on pa- 
per of just one, but vacant 
seats give it a larger margin. 

It needs a simple majority 
in Parliament to call early 
elections. 


r: >' 








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INTERNATIONAL 


Supreme Court Ruling 
Casts Cloud Over Clinton 

Harassment Case Keeps Public Focus 
On Issue of President's Trustworthiness 


By Kevin Merida 

Washington Post Service 


WASHINGTON — President Bill 
Clinton has lost an opportunity to re- 
move one of die nagging legal con- 
troversies hovering over his presidency. 

The Supreme Court’s unanimous 9-0 
ruling that Paula Corbin Jones can pur- 
sue her sexual harassment lawsuit 

NEVSANAL1SIS 

against Mr. Clinton while be is still in 
office keeps questions about the pres- 
ident's character percolating in the pub- 
lic arena. 

Until resolved, the Jones case could 
be, in the words of one scholar, tike 
“water dripping on a stone,” detracting 
from Mr. Clinton’s governing mission. 

“It reopens and underscores and fo- 
cuses on and exacerbates the whole 
question of this president’s trustwor- 
thiness,” said Robert Dallek, a Boston 
University histoiy professor who is just 
completing his second volume of a bi- 
ography of Lyndon Johnson. 


Charles Jones, a political scientist at 
the University of Wisconsin, said; “My 
God, what a distraction. It seems pre- 
dictable with tins fellow that whenever 
things are going good there is a great big 
pothole in the road. 1 ' 

The court's decision comes at a time 
when Mr. Clinton’s political fortunes 
appear to be rising. He is currently in 
Paris tiying to demonstrate his lead- 
ership in expanding the NATO alliance. 
He recently concluded a historic budget 
agreement with the Republican-con- 
trolled Congress. The economy is cruis- 
ing steadily along. And public opinion 
polls show a majority of Americans have 
confidence in bis leadership. 

The Paula Jones ruling threatens Co 
disrupt that, at least temporarily. 

The Clinton White House has had 
plenty of practice maneuvering throi 
political land mines. There wore the J 
mgs of travel-office personnel, the han- 
dling of confidential FBI background 
files of prominent Republicans and, 
more recently, the ongoing investiga- 
tions into the Democratic Party’s fund- 
raising practices and the possibility that 



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U.S. Reaches 
Long-Awaited 

Pact With EU ^ 
On Inspections 


By Tom Buerkle 

huernationat Herald Tribune 

THE HAGUE — The United States 
and the European Union on Wednesday 
resolved a long deadlock over product 
safety inspections, clearing the way for 
an accord to speed up billions of dollars 
of trans-Atlantic trade on goods ranging 
fhjrn medicines to teleconnaunications 



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Mr. Clinton's attorney, Robert Bemlett, left, and Paula Jones’s lawyer, Gilbert Davis, passing on a TV talk show. 


ALLIES: Clinton Affirms Ties to Europe 


Continued from Page 1 

taring EU presidency. Holding to this 
tone, Mr. Clinton avoided opening per- 
spectives he could not politically sus- 
tain, and with Western Europe's un- 
employment rate at double that of the 
United Stales, he took care to offer 
neither advice nor commiseration. 

Mir. Clinton’s caution extended to 
avoid talking about the euro, tiie Union’s 
common currency to be, and its im- 
portance to the development of the Con- 
tinent's economy. He said a more in- 
tegrated, cooperating Europe was a good 
thing for everyone, and had the enthu- 
siasm and support of the United States. 


But beyond that, asked to comment on 
the role of the euro, the president said, 
“it would be frankly not appropriate for 
the United States to gomuch further than 
1 have gone in this.' 

The audience for Mr. Clinton’s 
speech included chiefs of state and gov- 
ernment from the Organization for Se- 
curity and Cooperation in Europe, which 
includes virtually all the countries of the 
former Warsaw Pact. The presidents or 
chiefs of government of such countries 
as France or Britain, major recipients of 
Marshall Plan help, did not attend, but 
Chancellor Helmut Kohl of Germany 
and Prime Minister Romano Prodi of 
Italy were present. 


Hillary Rodham Clinton might be in- 
dicted in the Whitewater probe. 

“If there's one guy who’s shown be 
can live with distractions, it’s the pres- 
ident,” said Janies Carville, a sporadic 
adviser to the president. “It’s sort of his 
forte.” 

But unlike the controversies over 
Whitewater and the Democratic fund- 
raising maze, Paula Jones’s story is 
much easier for the general public to 
understand. The former Arkansas stale 
employee claims that in 1991 foen-Gov- 
ernor Clinton had her summoned to a 
Little Rock hotel room where he ex- 
posed himself and asked her to perform a 
sexual act Mr. Clinton has denied the 
incident happened and there are no first- 
hand witnesses. It is essentially her won! 
against his. 

For most of the period since she first 
went public with her allegations at a Feb. 
11, 1994, news conference at a con- 
vention of Clin ton-bashing conserva- 
tives in Washington, Ms. Jones's al- 
legations were treated with suspicion. 


She was losing the public relations war. 
But in recent months, there have been 
new media examinations of her case that 
have tended to cast the credibility other 
argument in a more favorable light. 
Some analysts said Tuesday’s unani- 
mous court decision would only help her 
efforts and damage Mr. Chiton's in the 
battle over (he trim. 

“She clearly has a better platform 
now to make her case either legally or 
publicly,” said David Demarest, former 
communications director for President 
George Bush, citing new interest from 
the media. 

Not only is the momentum against 
Mr. Clinton in this case, but 
the fallout could prove more 
than it might in other types of 
catastrophes, according to 
marest 

“There is a rule in public relations 
called worst first’ Yon try to get the 
worst information to the public first so 
you can turn the story. One of the prob- 
lems in legal cases is — because there is 


information a plaintiff has that hasn’t 
necessarily gotten into the public do- 
main — tiie defendant is at a real dis- 
advantage from a public relations stand- 
point” 

Because the event can be so bard to 
manage* Mr- Demarest said, sometimes 
the most appealing choice is to settle out 
of court So far, however, there is no 
evidence to suggest the president and his 
lawyers are considering such an option. 

Mr. Demarest said that if he were 
advising tiie president, “I would want to 
keep it oat of the White House. I 
wouldn’t want morning staff meetings 
discussing this case.” 

However White House aides decide to 
handle the matter, they will be 
into a news climate already 
with sexual scandal, such as the Ab- 
erdeen military rape trial, the Kelly Flinn 
affair and tiie aTlugnti nns against the 
sportscaster Marv Albert. 

“All of a sudden, " said the University 
ofWisconsm’sMr. Jones, “the president 
is on the same level as these foQcs.” 


agre ement was hailed by 

PresidentBill Clinton and EU leaders ata 
meeting here as a significant step toward 
tixTbuilding of a trans-Atlantic market- 
place free of barriers to commerce. ; 

Under tire agreement, U.S. .and EU 
regulatory agencies are supposed to rec- 
ognize each other's safely certific ations 
so that a product can be tested just once 
before being marketed on either side^Cf 
tire Atlantic. The accord covers about 
$44 billion worth of two-way trade in 
ini rati ons and infonnatiofl- 
technology equipment, drugs and med- 
ical devices and recreational boats. UiS. 
officials estimated that it would cut cer- 
tification burdens that cost industry 
more than $4 billion a year. 

The so-called mutual recognition 
agreement has been a prime.objective of 
government and industry on both sides 
of the Atlantic for the past two years, abd 
the last-minute breakthrough set a pos- 
itive tone for tiie semiannual meeting 
between Mr. Clinton and his EU coun- 
terparts. This time, he met with Prime 
Mmister Wim Kok of the Netherlands, 
holder of the EU’s rotating presidency, 
and Jacques Santer, president of foe 
European Commission. 

Tire leaders also oversaw the signing 
of agreements to fight drug traffidemg 
by controlling trade in key chemifcal 
components of illegal drugs, to cooper- 
ate in combating trafficking in women, 
and to increase customs cooperation.' 

But the accords were to some extent 


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Defense Rests in McVeigh Trial 
After Calling Only 25 Witnesses 

The Associated Press 

DENVER — Timothy McVeigh's attorneys rested 
their case Wednesday after only three and a half day s and 
25 wimesses, ending with wiretapped phone conver- 
sations of a star prosecution witness joking he could make 
up a “Mile” to, cash in on the, Oklahoma City bomb- 
ing. • i > 

Closing arguments were set for Thursday followed by 
jury instructions'. Sources close to the case said'U.S. 
District Judge Richard Matsch was considering seques- 
tering the jury throughout deliberations, which would go 
through the weekend if necessary. 


over U.S. threats of sanctions 
foreign companies that trade with Cuba, 
and by the potential for a trade war over 
Boeing Co.’s proposed acquisition "of 


RUSSIA: Public I* difference Reduces Risk of a Backlash Over NATO Accord 


SWISS: Compounding Woes 


Cootinued from Page 1 

Switzerland's total wartime 
arms sales amounted to some 
900 million Swiss francs 
ftom 1940 to 1944, when the 
trade was halted under pres- 
sure from tire Allies. Or that 
total, two thirds of the sales 
were to the Reich; weapons 
worth 150 million Swiss 
francs were sold to Ger- 
many’s ally, Italy. 

The weapons, from compa- 
nies he identified as Oer- 
likon-Buhrle, Tavaro, His- 
paso-Suiza and Dixi, 
included anti-aircraft guns, 
cannon, military precision in- 
struments and “a lot of am- 
munition, shells and so 
forth.” 

“Quantitatively, this was 
only a small part of the needs 
of foe German Army,” Mr. 
Cerutti said. But it amounted 
to a significant part of Swiss 
exports to wartime Germany 
of steel and other products 
totaling about 2 billion Swiss 
francs. 

The document listing the 
sales was found in diplomatic 
archives that are being co- 
dified and published by a 
1 group of Swiss historians. 

The timing of the revel- 
ations — less than three 
weeks after a major U.S. re- 
port harshly criticized Swiss 
dealings with Nazi Germany 
— secured to contribute to a 
picture of wartime Switzer- 
land that contrasts darkly 
with its erstwhile image of 
probity and neutrality. 

Put together, foe disclos- 
ures show a small, belea- 
guered nation that chose to 
buy its survival by trading in 
gold looted by the Nazis and 
providing a key financial and 
business center for the Third 
Reich. 

The transactions embraced 


than ties denied U.S. asser- 
tions that their dealings with 
Nazi Germany prolonged the 
war. 

But, for tire first time, they 
acknowledged that, in some 
business-dealings with tiie 
Third Reich and Italy, “con- 
cessions were sometimes 
made to the Axis powers 
which are very hard to com- 
prehend today in view of the 
inner convictions 


Continued from Page 1 

will depend on whether NATO and 
Russia manage to form a construct- 
ive working relationship as 
sketched out in tire agreement 
rimed in Paris on Tuesday. 

..But, temperate, public te- 
spouse to date does not mean that 
NATO expansion will be cost-free. 
In the nascent Russian democracy, 
it is Russia's political establish- 
ment, not the public, that decides 
national security issues. 

NATO expansion has jeopard- 
ized the Parliament’s ratification of 
the START 2 strategic arms treaty, 
a high American priority. It has 
also forced the Clinton adminis- 
tration to use up political capital 
with Moscow that might have been 
expended on other Russian -Amer- 
ican issues, such as arms control 
and dealing with weapons prolif- 
eration. 

'‘In general, this is not such a 
serious problem for rank and file 
Russians, especially as compared 
to such problems as wages and 
Yeltsin’s health,” said Yuri 
Levada, the director of foe Russian 
Center for Public Opinion and 


Market Research. “The politi- 
cians’ speech is quite another 
thing.” 

The politicians' bombast over 
NATO expansion is discounted by 
many Russians as an effort to 
pander to nationalists or distract 
attention . from . economic ills, 
polling experts say. , Russians’ 


worry about foreign adversaries. : .foreigners. 


ilans to admit Poland, the Czech 
epablic and Hungary into tire al- 
liance. 

That is more than twice as many 
as support NATO enlargement (14 
percent), bat It is still a relatively 
modest percentage given decades 
of anti-NATO propaganda and 
Russia’s tradition or snspiexon of 


bat are more likely to see them in 
Afghanistan or Chechnya than in 
the West 

But in the Foreign Ministry, 
NATO still summons up ghosts for 
Russia's ruling elite, and tiie Rus- 
sian news media have often echoed 
official anxiety. 

. Some of Mr. Yeltsin’s bitterest 
rivals, like Alexander Lebed, the 
ousted security adviser and pres- 
idential hopeful, have denounced 
the accord as a sell-out. Many 
politicians, however, basically ac- 
cept Mr. Yeltsin’s argument that 
foe accord makes the best of a bad 
situation. ' 

While the politicians squabble, 
much of the Russian public has 
tuned out foe debate. Public opin- 
ion surveys indicate that 37 percent 
of Russians polled oppose NATO 


of losing control over Russia’s 
former allies.” By contrast, 38 per- 
cent saw the po liticians * attack on 
NATO expansion as a bargaining 
tactic to get more foreign aid, an 
attempt to divert attention from 
economic problems or an effort to 
score political points at home. 

'Significantly, a sizable. number 
of those' surveyed, about 30 per- 


Thc largest percentage ofthose- cent; offered no opimoharalL 


polled, 49 percent, do not have an 
opinion or do not care. 

increa^^w^niiussians an^asked 
about their attitude toward 
NATO's expanding to include 
former Soviet republics, such as 
Ukraine or the Baltic states. NATO 
has not excluded this possibility, 
but it is also not currently con- 
sidering such steps. 

According to a February survey 
conducted by the Public Opinion 
Foundation, a Russian polling or- 
ganization. only 18 percent of those 
polled believed the government's 
opposition to NATO expansion 
was “an attempt to protect Russia 
from the West” 

Another 14 percent believed that 
the leaders’ real concern was “fear 


Public opinion also split along 
generational and occupational 
lines. The younger and more suc- 
cessful strata of Russian society 
was less concerned with NATO 
expansion than the elderly and' 
(hose who work in militazy indus- 
tries. 

But NATO expansion has 
already aggravated foe suspicions 
of an older generation and of the 
military, which was already wary 
of free market changes and nos- 


ralentm Tarasov, a 63-year-old 
pensioner, said: “I think NATO 
affects the life of everybody in this 
country. I don't think America 
cares that much about us. We will 
have to pay back everything they 
give us now.” 


ulation and measured by at 
solute necessity.” 

policy offidak^had no im^ DENVER: Booming Inland States Evolve Into Pathways for U.S. Exports 


Neither ride discussed foe Boeihg 
case openly, saying it was a matter for 
EU ana U.S. antitruri regulators to con- 
sider, but American officials made clear 
their fears that the EU Commission’s 
antitrust review could be tainted by 
political pressure on behalf of Airbus 
Industrie, the European consortium that 
is Boring’s chief competitor. - • 

‘ *nie cbtjcern the United StatesSaS is 
that this competition review- must he 
done an the basis of comjpetitfdD pdHcy 
principles, and not on tiie basis of any 
extraneous political considerations,” 
said Charlene Barshefsky, the UE. trade 
representative. She noted that any de- 
cision by the ElTs merger task force must 
be approved by the 20-member com- 
mission, a political body, while the ver- 
dict of the Federal Trade Commission, 

(he agency handling tiie U.S. review, 
could not be changed by politicians. * 
Europe's competition commissi oner, 
Karel van Miert, last week claimed foe 
deal would strengthen Boeing’s dom- 
inance of the global aircraft market He 
threatened to reject it unless Boeing 
made major changes by (he end of July. 

U.S. officials said they now expected 
the Federal Trade Commission to issue 
its opinion sometime in July. Although*- 
that would eliminate the possibility thar ' ’ 
Europe would rule first, there is nothing 
to ensure that the United States and foe 
EU will come down on foe same side of 
the 


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mediate comment on Wed- 
nesday's report. 

The onslaught on the Swiss 
war record has been led 
largely by political forces in 
the United States, notably 
Senator Alfonse d‘ Amato, 
Republican of New York, the 
World Jewish Congress and, 
most recently, the Clinton ad- 
mmisiranon. 

In response, Switzerland 
has set up an independent his- 
torians' inquiry and has 
offered to ease bank secrecy 
laws to assist a separate in- 
quiry into dormant Jewish 
bank accounts. 

Switzerland also has pro- 
posed establishing a $4.7 bil- 
lion investment fund to aid 
victims of suffering and op- 
pression — including Holo- 
caust survivors — while 
private banks and other busi- 
nesses have set up a special 
fund for survivors. 

Disbursements from that 
fond — now totaling about 
5120 million — have been 
stalled by an acrimonious dis- 
pute between the Swiss au- 
thorities and the World Jew- 
ish Congress over foe 
appointment of a leading non- 
Swiss Jewish figure to its sev- 
en-member executive board. 

In an effort to end foe dis- 
foe Swiss announced 


Continued from Page 1 

In 1988, these 1 1 states exported, on a per- 
capita basis, at half the national average of 
$1,246. By last year, foe region's average had 
risen to two-thirds the nation's new average, 
$2 348. The gain in its share came as the country 
as a whole was doubling its total exports, to 
$623 billion in 1996. 

In Idaho, for instance. 75 percent of the 100 
million bushels of wheat grown annually goes 
overseas. 

In Nebraska, Governor Ben Nelson has be- 
come a Midwestern Marco Polo. Since 1 99 1 , he 
has led state trade missions to Japan and China 
three times each, to Taiwan four times and to 
Hong Kong five times. In February, he ventured 
south, taking Nebraskan exporters to Argentina 
and Brazil. 

In Colorado from June 20 to June 22, foe 
region’s new international character will be 
clearly visible to foreign participants at the 
“Denver Summit of the Eight” — Britain, 
Canada, France, Germany, Italy, Japan, Russia 
and the United States. 

Japan is now the largest trading partner of 
Utah, Colorado, Nebraska and Kansas. Britain 
accounts for a major part of the $400 million 
invested in Colorado by 200 companies from 22 


countries. One of foe state’s ski areas is owned 
by a Japanese company, another by a Canadian 
company and a third by a Brazilian company. 

Prime Minister Jean Chretien of Canada, 
Colorado’s second-largest trading partner, will 
be able to fly to foe meeting directly — II 
flights leave Canada daily for Denver's new $5 
billion international airport. Advisers to Pres- 
ident Boris Yeltsin of Russia will probably tell 
him that from Denver, foe center of foe Axner- 

now^mine gold^foT^^stan, Uzbe^^^imd 
the Russian Far East. 

* ‘Mining, aerospace, telecommunications — 
they are all strong in Denver, and they are all 
investing in Russia,’’ said Deborah Anne 
Palmien, president of the Russian-American 
Chamber of Commerce, a national business 
group based in Denver since 1993. 

The increasingly international flavor of the 
economy has also affected the region’s tra- 
ditional mainstay, agriculture. Today, Plains 
states ship record amounts of pasta, boxed steaks 
and frozen chicken to a range of new markets: 
Russia, Latin America and foe Far East 

"Russia is by far our biggest volume market; 
we’re selling everything from hot dogs to top- 
of-the-line T-bone steaks,’* Scott Sanem said 
by telephone from Moscow, where he had 


opened a regional sales office for 
Refrigerated Foods of Greeley, Colorado. 44 
have more than doubled sales over foe last 
year.” 

The region ’s rapid integration with the world 
economy is taking place as much of foe area is 
still riding a larger economic boom that started 
in the early 1990s. 

Although job growth is slowing slightly, it is 
expected to be5 percent this year in Arizona and 
Utah and almost 4 percent in Colorado — foe 
region's three largest economies. Arizona has 
been addmgl00,000 jobs a year since 1994. 

Since 1990, Colorado's population has 
swelled to almost 4 million. In that tune, the 
state has had 11 of tiie 35 fastest-growing 
counties in the nation, including the top four — 
Douglas, Elbert, Parker and Custer. 

Technological change has been the key to the 
growth of internationally competitive indus- 
tries in the Rocky Mountain states and the 
Southwest 

So with manufacturing plants opening in the 
last two years in Arizona, New Mexico and 
Utah, foe United States has regained the world 
lead in the production of semiconductors. And, 
finally, advanced communications have cut fi- 
nancial services loose from their traditional 
anchors on foe coasts. 


le merger. ; 

The leaders also made little progress 
toward a final resolution of their dif- 
ferences over the Helms- Burton Act, 
which allows the United States to im- 
pose sanctions on foreign companies 
trading with Cuba. Under a six-month 
trace agreed last month, a resolution 
depends on an EU-U.S. agreement on 
the treatment of expropriated properties 
in third countries, but U.S. officials sttid 
talks had yet to start because of turf 
battles between the Commission and EU 
national governments. * 

. Mri Clinton told EU leaders to 4 H>e 
visible and active” in supporting demo- 
cratic reform in Cuba if they want the 
U.S. Congress to amend the Helms- Bur- 
ton sanctions, European officials said. 

The draft trade agreement appeared to 
involve significant concessions *by 
Europe to the primacy of the U.S. Food 
and Drag Administration in certifying 
the safety of drags and medical devices. 
U-S. officials said the deal would safe- 
guard the FDA’s ability to carry out its 
own inspections of European products- 



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art 


NOMURA: As Big Bang' Looms, Scandal Threatens to Expose Dark Side of Japan’s Business Ethic 


Continued from Page 1 


might expose the messy back-room 
dealines between Swiss com- putt, the Swiss announced horse-trading that has long hindered 
merciaf banks and such stra- Wednesday that Edgar Bron- Japan from freems up its markets 

fman, president of the World and competing efficiently in the 


tegic German companies as 
LG. Fatten — producer of 
synthetic fuel ana rubber — 
that used slave labor at the 
Auschwitz concentration 
camp. 

Even after foe war, 
Switzerland dragged its feet 
for years on foe liquidation of 
German assets while its 
private banks stonewalled 
Jews seeking access to de- 
posits made by relatives who 
died in Che Holocaust 

Last week, the Swiss au- 


Jewish Congress, had been 
elected to foe fund's govern- 
ing board. 

Elan Steinberg, an official 
of Cbe World Jewish Congress 
in New York, said Mr. Bron- 
fman’s appointment to the 
board was temporary until a 
full-time representative was 


board is headed by 
Rolf Bloch, leader of Switzer- 
land’s principal Jevrish rep- 
resentative organization. 


global world of finance. 

Among the documents prosecu- 
tors are scrutinizing are records for a 
couple of hundred high-classed” 
accounts for leading politicians, 
ministers, and bureaucrats, as well 
as gangsters. These clients are so 
special to Nomura that they have 
been handled in secrecy by top 
Nomura executives, according to 
employees and others with close ties 
to the company. . 

Manypeople say that it is through 
these VTDP accounts, which gave foe 


owners special benefits and perhaps 
undeserved profits, that Nomura 
spread its tentacles into the many 
corridors of power in Japan. 

“The leaders of political factions 
collect funds through foe manip- 
ulation of stocks,” said Eitaro Itoy- 
ama, a former member of Parlia- 
ment and Nomura’s largest 
individual shareholder, with 10 mil- 
lion shares. “If foe super VTF ac- 
counts are disclosed, it could be 
found that past prime ministers anf t 
vice ministers of the Finance Min- 
istry were involved. 44 

For Nomura, foe pressure to uproot 
such traditional practices is meunt- 


any 


amity tb 

can perform and behave lute 
other international player. 

“We are now canying out the 
realization of a real liberalization of 
foe market,” said Takao Toshi- 
ba wa, who writes a political news- 
letter in Tokyo. " So we are in a 
sensitive time, politically, econom- 
ically and culturally.” 

Since its beginnings more than a 
century ago, Nomura has built up an 
enormous pyramid of knowledge, 
contacts, sophistication and secrets. 
Its expertise is so far ahead of its 
regulators in foe Kasumigaseki dis- 
trict, where foe Finance Ministry is 
ins. In many ways, foe company's looted, foal it is regularly consulted 
rebirth is a test for Japan's financial on drafts of new rales, 
industry as it strives to prove to foe Still. Nomura’s layers of secrets 


are now haunting the company. 
Around Kabutocho, Tokyo's Wall 
Street, there is talk that these con- 
fidential numbered accounts were 
used to channel special compensa- 
tion, rights to buy up new issues, and 
financial knowledge about compa- 
nies. 

The Finance Ministry banned 
Nomura from underwriting govern- 
ment bomb, and regulators might 
suspend some of Nomura's business 
for three months. 


'SzsSnis 

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some employees fear that he maybe 
arrested. (Page 15) « 

TT .? omuras new president Juniehi 
Ujne, who took over May 1 afterT5 
ward directors resigned to boost 

8 ™ a 2 e * acknowledged foe SJ? J J T* 

challenges. » % F-f^siorinZ 1 ** ( 

Mr* Ujiie also suggested that 
while the company could not col- 
lapse because of a financial loss', it 
could disintegrate because of 
dal and loss of morale — m, 
cleans up its house and makes 


fics 

tow 

day 


were 

SAhafe 
fS re - 



March, testified Wednesday before 
Parliament- Mr. 
be had met with 


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INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAS' 29, 1997 


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INTERNATIONAL 


Power Behind Kabila Reflects Congo War’s Tutsi Roots 


BRIEFLY 


By Lynne Duke 
V ana James Rupert 

Waskwgh-r. P,.st Sen vr 

Laurent Kabila's ability io 
consolidate his control over 
i^Congo is largely dependent 
-on a powerful constituency 
within his alliance: the ethnic 
Tutsi military and political 
leaders who led the fight to 
- oust Mobutu Sese Seko. 

As Mr. Kabila's alliance 
•establishes itself in office. 
: foreign governments pressing 
' •for a broad, democratic gov- 
« eminent in the country for- 
: merly known as Zaire have 
foe used their alien lion and 
leverage on him. 

Buz numerous Congolese 
rand Western analysts said 
1-iTutsi political and military 
■headers — many with close 
links to neighboring Rwanda 
> and Uganda — are often more 

■ > powerful than the top civilian 
'■rofficials in Mr. Kabila's 
/force, the Alliance of Demo- 
l^CTaUc Forces for the Liber- 
j nation of Congo. 

;« The power of these Tutsi, 
-r.an alliance source said, “is 
-''like a net" around Mr. Kab- 
"ila. who is a member of the 
:Luba tribe. Many of his 
/-•closest advisers and handlers 
are Tutsi, including the chief 
^of his presidential office, the 
■./■secretary-general of the alli- 

■ jance and its foreign minister. 
r.'.-In addition, people in areas 
-/' that have been under alliance 
^ control since the early stages 
-r.of Mr. Kabila's rebellion con- 
•_itend that the alliance’s local 
••.'administrators defer to — or 
/are intimidated by — die Tut- 
■ji si-dominated military. 

“The public face of the al- 
• liiance is Kabila" or the West- 
o 'jem-trained technocrats who 
i % form much of his cabinet, said 
Congolese lawyer doing re- 
,«i search for a Western human 
rights organization here, 
.n “Butreal power rests much in 
^,lhe hands of Tutsi,” espe- 
ff^cially military officers, 
j.- The Tutsi, a minority in 
•t*. several central and east Af- 
lL rican states, make up no more 
than 1 percent of Congo’s 
uj population of 46 million 
-^people. They are a cohesive, 
.'-insular tribe — and widely 
-^resented among some of the 
> ’more than 200 other ethnic 
^groups in Congo. 

That resentment presents 


— .sparked by the Mobutu 
government’s order that all 
Tutsi be expelled from east- 
ern Zaire — began the re- 
bellion that eventually 
toppled the longtime dictator. 
Although the war moved out 
of the Tutsi home region and 
Mr. Kabila assembled an al- 
liance comprising several 
ethnic and political groups, 
the Tutsi core of the move- 
ment still holds sway! Its 
members believe their sacri- 
fices give them the greatest 
standing within (he alliance 
movement, sources said. 

“It's a kind of blackmail 

— ‘We gave our blood' — 
but very subtle." one said. 

John Nsane, a Tutsi who is 
a counselor to Deogratias 
Bugera, the alliance’s secre- 
uuy-gencral and also a Tutsi, 
acknowledged that the “big 
team" that launched the re- 
bellion was composed almost 
exclusively of Tutsi. 

But he said dial now “the 
alliance has a responsibility 
to all Zairians, not just Tut- 
si.” In some respects, the Tut- 
si core of the alliance has be- 
come indistinguishable from 
the movement itself, which 
grew out of the ferment of 
ethnic enmity in the Great 
Lakes region, where Congo 
borders Uganda, Rwanda and 
Burundi. 

When the Tutsi in eastern 
Zaire, who trace their roots 
there back two centuries, 
were ordered expelled by the 
Mobutu government, they 
took up arms and joined 
forces with Mr. Kabila’s 
long-standing but loosely 
formed military movement 
and other non-Tutsi groups 
that opposed Marshal 
Mobutu. 

Thousands of Rwandan 
Tutsi joined the Zairian Tutsi 
force, creating the core of the 
alliance's army — and Tutsi 
officers with combat experi- 
ence in the Rwandan and 
Ugandan armies took key 
commands, according to 
Congolese and Western ana- 
lysts. 

At the same time, Tutsi-led 
Rwanda was being plagued 
by cross-border raids man 
Rwandan Hntu living in 
refugee camps along the bor- 
der. 

The Rwandan Army — and 
its patrons in Uganda — saw 
the formation of the alliance 
to clean u. 


sources was that Rwandan of- 
ficers have been heavily in- 
volved,” said Filip Reym- 
jens. a prominent Belgian 
scholar on the central African 
region and its politics. 

In the southern city of Lub- 
umbashi early this month, 
Rwandan women slaying at 
the same hotel as alliance lead- 
ers volunteered that they were 
awaiting their husbands, who 
were Rwandan Army officers 
participating in the alliance's 
final mive cat Kinshasa. 

Alliance officials routinely 
deny the presence of foreign 
officers and decline to give 
the names of their top com- 
manders. Tutsi influence in 
(he militaiy and in the alli- 
ance's political structure ap- 
pears to converge in the per- 
son of Mr. Bugera. A Tutsi 
architect from Goma. Mr. 
Bugera is the second-highest- 
ranking official in the alli- 
ance. Mr. Reyntjcns and other 
analysts said he is an impor- 
tant figure in the alliance’s 
relationship with Rwanda. 

Political activists in Goma 
said Mr. Bugera played a key 
role last year in recruiting for 
the alliance army. In Rwanda, 
he was said to have recruited 
Tutsi who had been forced 
from their homes in Zaire’s 
Kivu region by die estimated l 
milli on Rwandan Hutu refu- 
gees who had poured into the 
border area in 1994. 

Another prominent Tutsi in 
Mr. Kabila's inner circle is 
Foreign Minister Bizima 
Karaha. A native of the Kivu 
region, the South African- 
educated pediatrician was 
Mr. Kabila’s foreign affairs 
specialist before the alliance 
took power. As the new Con- 
golese foreign minister, he 
will presumably be its chief 
representative to the world. 

In eastern Congo, where 
the allian ce already has ruled 
for several months, analysts 
and residents said its militaiy 
structure often has exercised 
so much power that it trumps 
■the civilian side. 

Human rights activists in 
Goma said last month that 
they had asked the local gov- 
ernor for information about 
people who had been arrested 
in thetown, and he had replied 
that he had no information 
and no authority to ask ques- 
tions. In Bukavu, Mr. Reynt- 
jens said, the local militaiy 
^ccmmandeg;. owa^ 


;^Mr. Kabila's fledgling gov- 
ernment with, a major cbal- „ as an. poportuniyty to clean up ^ccramanpeg;. 

>i Jeqgejis.it t^es.to rule .Congo; die border area .an&crpate Jk i. sulp^.thp^oveiiiiof,'^; 

-with many- Tutsi in political 'buffer.zonela' U.S.. official ui, tp penutt a.private rs 
•r. and: -mflitaiy-. -positions* -of .^Washington said-iAmoa^thOf. tk^to.begin operating, ^oetm 
power. - alliance s first operations in The military's reported in- 

Although just two of the 13 October and November were dependence from civilian au- 
^ me rubers of the cabinet attacks on Hutu refugee thority may play a role in the 

camps, which sent most of the 
refugees fleeing. 

Many of the rebels' polit- 
ical and military decisions 
were made in the Rwandan 
and Ugandan capitals of 
Kigali and Kampala, respect- 
ively, analysts said. During 
the seven-month war, “all the 
information from ' many 


. ,named by Mr. Kabila are Tut- 
.,»•& they play key roles in the 
.(.alliance. Whether Congolese 
.--citizens will accept the pre- 
valence of Tutsi in the ruling 
^-alliance could prove to be one 
of the most crucial questions 
..■facing Mr. Kabila's govero- 
• 4 menL 

A Tutsi uprising in October 


reported pattern of attacks by 
the alliance's farces against 
Rwandan refugees in eastern 
Congo. 

Mr. Kabila has insisted that 
such attacks are not the policy 
of his alliance, but human 
rights groups and internation- 
al aid organizations said 
atrocities have continued. De- 




£ Troops Quell Protest in Kinshasa 

' ' J7.fjr.rr Rorlinr tone rtf thnncanHe rtf nmnU. lrnwt 


ExjismU 

let tar 

nCWferttfo "*.* 

Mr U* m . 


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tfarc^ 



Reuters 

j '•hnusuie uk ?j -,i . KINSHASA Congo — Soldiers firing into 

7 "..I! “ 7.' T'd rule fim- ^ “ft air broke up a banned opposition march 

; ’ I • . J -7 t r A * United So» * '^Wednesday in Kinshasa, beanng and arresting 

Z7!! on ssiiei ' protesters who had been denouncing the pres- 

-• a — - - ^once of Rwmdans among Laurent Kabila's 

forces. 

~ , Several thousand supporters of the oppo- 
-nsition leader Etienne Tshisekedi took part in 
.. .the march, on the eve of Mr. Kabila’s in- 
; inauguration as president of the Democratic 
nc Republic of Congo, his oew name for Zaire. 
nc “See this!” a marcher said after the troops 
^broke up the protest “It’s dictatorship but it's 
{jjeven worse now because the oppressors are 


.■iirr.inatf 
:!i: raic fi - ' 
j: thf l'i 
do * n 

; -ttolunun 
HeWgj 

rata- S# 

'fk^ 



Soldiers from Mr. Kabila’s Alliance of 
Democratic Forces for the Liberation of 
.jiJZongo allowed the march to start. But then 
.-they blocked the route, fired into the air and 
^beat protesters with clubs and rifle butts. 


Earlier, tens of thousands of people lined 

the streets, cheered the marchers and made V- 

for-Victory signs. "Kabila should have a 
chance but we do not want the Rwandans," 
said a student who had been kept by the police 
from joining the protest 

The student was one of hundreds who had 
assembled at the Higher Institute of Com- 
merce in central Kinshasa, chanting slogans 
and p repa ri ng to join the march. But soldiers 
sealed the campus of the institute and dis- 
persed the students. 

There was little sign of soldiers along the 
march route until they intervened. 

“We are here to bring order, that is all,” 
their commander said. Soldiers, mainly ethnic 
Tutsi, dispersed the marchers as they beaded 
for Mr. Tshisekedi ’s home district of Limete. 
Witnesses said the troops had seized some 
protesters and briefly detained journalists, 
confiscating their film. 


'Sierra Leone Rebel Backs Coup 


17, Reuters 

FREETOWN — A Sierra 
.j Leone rebel leader, Foday 
ji^Sankoh, on Wednesday 
^^called on his forces to back 
:u -tbe leaders of a weekend coup 
. n ,who are under heavy Nigeri- 
an pressure to restore the ci- 
vilian president. 

— Nigeria landed 720 troops 
at Freetown's port and airport 
^on Tuesday to reinforce the 
'900 already stationed in the 
^country, and a member of the 
new ruling council said Ni- 
irfgerian defense chiefs were 
^(expected later in the day to 
r-, discuss restoring Ahmed Te- 
^Vjan Kabbah, who fled to 
Guinea on Sunday. 

■>. Freetown’s new military 
.njeader. Major Johnny . Paul 
. ? Koroma, tried to reassure Si- 
!' '-grra Leoneans at his first news 
/conference that the Nigerians 
.,had come to evacuate their 
* V r jiational5, not to intervene. 
But a- senior milita^r 
• if source said Major Koroma’s 
viAimed Forces Revolutionary 
-^Council was under strong 
_ij pressure to stand aside. 

Major Koroma said. 


“ECOMOG will not interfere 
in our internal matters. " He 


was w 

led regional force in Liberia 
and Sierra Leone. 

Senior Nigerian Army of- 
ficers were expected in Free- 
town later in the day. 

Major Koroma said Tues- 
day niphr thar Mr. Sankota bad 
agreed to join his government 
Mr. Sankoh’s Revolutionaiy 


United Front has been fighting 
a war against the Sierra Leone 
government since 1991. 

“All RUF field oommand- 

for any reinforcement needed 
by Major Koroma to defend 
our sovereignty,” said Mr. 
Sankoh, who is currently be- 
ing held at a hotel in Lagos by 
the Nigerian military author- 
ities. 


HERALD TRIBUNE WORLD YOUTH FORUM 
ALUMNI ASSOCIATION 
SOth ANNIVERSARY REUNION 

NEW YORK 
AUGUST 7 -10, 1997 

If you were, or you know someone who was, a participant 
in the Herald THbune/Warkl Youth Forum (either Dec- 
March or summer programs), please confect us for details 
of the Association and the reunion: IHT Box 293, 92321 
Neuilly Cedexor 

Catherine Marin (33 1) 47 72 12 15 

cafliCTinemflrin@con3puserve.qom 

DanieJa yhffe Zldon (1 914) 2452279 
d.zidan@jimo.com 



IWal Cufut/Afrun* | urn i l*> i mi 

Opposition protesters defying a ban on demonstrations in Kinshasa on Wednesday. 


K 


permission by Mr. Kab- 
for humanitarian and ob- 
server groups to travel to 
areas holding refugees, alli- 
ance troops have routinely re- 
fused access to aid workers, 
journalists and others. 

In addition to creating ten- 
sions between the military 
and political spheres, the Tut- 
si domination and die pres- 
ence of foreigners have cre- 
ated divisions within the 
alliance fighting force itself. 


The clearest sign of such 
divisions — and of their being 
settled in favor of the Tutsi 
contingent — was the death in 
January of the alliance field 
commander in the Kivu re- 
gion, Andre Kissase, a non- 
Tutsi. Although alliance of- 
ficials say he was killed in an 
ambush by government 
forces, the alliance source said 
Mr. Kissase “s death resulted 
from a “political decision” 
because of his persistent ques- 


tioning of the Tutsi military 
power in the movement. A 
western diplomat said 
sources close to the alliance 
gave him the same account 
Mr. Kabila's biggest chal- 
lenge now is to share power in 
a way that can keep his co- 
alition intact, Mr. Reyntjens 
said. “Kabila is going to be 
walking a tightrope," he said. 
“In the end, Tutsi have most of 
the guns, and those who hold 
the guns bold the power.” 


Algiers Pursues Rebel Leaders 

ALGIERS — The government is offering rewards for 
help in tracking down 72 Muslim militants who it con- 
tends are the leaders of a bloody insurgency. 

Posters bearing photographs of die suspects were put up 
this week as security forces attacked a stronghold of the 
Islamic Salvation Army south of the capital. Some of the 
posters went up mi panels reserved for candidates in the 
legislative elections scheduled for next Thursday, the first 
since an aborted 1992 vote that triggered the insurgency. 

The biggest rewards — 45 million dinars (nearly 
$80,000) — are reserved for information on top com- 
manders of the Islamic Salvation Army and the Amed 
Islamic Group, the most radical organization fighting in 
the five-year-old insurgency. (AP) 

New Roadblocks in Argentina 

BUENOS AIRES — Fresh protests over the high 
unemployment rate spread across Argentina on Tuesday 
as the economy minister acknowledged that the gov- 
ernment might not be doing enough for the poor. 

In the poor northwestern province of Jujuy, where 
more than 100 people were hurt in clashes last week 
between the police and protesters who were picketing a 
highway, roadblocks cropped up in 10 towns. 

In the central province of Cordoba, jobless farm work- 
ers unhappy with government offers of work programs 
and free seeds blocked a highway. 

The protests against a national unemployment rale of 
more than 17 percent — the rate is 37 percent in some 


pans of poor provinces such as Jujuy — have cropped up 
from Patagonia to the northern Andes. (Reuters) 

Ex-Leaders in Venezuela Fined 

CARACAS — The Supreme Court has ordered former 
President Carlos Andres Perez and four top aides to pay 
more than $600 million in damages for misuse of gov- 
ernment funds. 

The fine is in addition to the prison sentence Mr. Perez 
completed in September for the misappropriation of $17 
million from a secret security spending account. Supreme 
Court President Cecila Sosa said Tuesday at a news 
conference. 

Mr. Perez's interior minister, Alejandro Izaguirre: the 
presidential secretarial minister. Reinaldo Figueredo, and 
two other government officials would share the fine with 
Mr. Perez, Mr. Sosa said. (Reuters) 


iL-y’ii 



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THURSDAY, MAY 29, 1997 



Herald 


INTERNATIONAL 



(tribune. 


PUBUSHSD WITH THE NEW KMK TIMES AND THE WAgHttKiTON POST 


Tinkering With Europe 


Just as Americans are setting ac- 
customed to the idea that Ask is the 
new crucible for American economic 
and political interests, Europe com- 
mands attention again. The confluence 
of two great shins now planned in 
Europe, the eastward expansion of 
NATO and the adoption of a common 
currency, could change the Continent 
in ways that may undermine European 
stability in the decades ahead. 

That danger was not much in ev- 
idence on Tuesday as Bill Clinton and 
NATO's European leaders welcomed 
Boris Yeltsin to Paris to sign an accord 
that will govern Russia's relationship 
with the alliance. This agreement, the 
leaders declared, will speed the admit 
of a democratic, undivided Europe. It 
may also make it easier to sell NATO 
expansion to a wary U.S. Senate, which 
has the final say. President Yeltsin 
sweetened the deal by announcing that 
Russian nuclear missiles would no 
longer be aimed at Europe, an easily 
reversible step that Moscow took some 
years ago for American targets. 

But the pleasantries in Pan s were a 
distraction. The common denominator 
of NATO expansion and a single Euro- 
pean currency is die division of Europe 
into two camps, the prospe ro us de- 
mocracies ana those not so strong or 
fortunate. NATO expansion would 
give that division political and military 
form, and the common currency would 
reinforce it economically. Russia, on 
all counts, would be left squarely in the 
excluded camp. 

That may not seem worrisome from 
the many standards of success outlined 
by President Clinton and the other ar- 
chitects of change. Adoption of a com- 
mon cu rr e n cy will indeed enhance 
commerce among die countries al- 
lowed to use it, and give that groap 
greater international financial clout 
The inclusion of Poland, Hungary and 
the Czech Republic in NATO would 


help them feel secure and part of West- 
ern Europe. Russia will have a con- 
sultative role in NATO. 

But the broader picture is less re- 
assuring. Just as the security of Europe 
after World War II depended on toe 
transformation of Germany into a 
peaceful, democratic nation, toe future 
stability of Europe now rests heavily on 
toe consolidation of democracy and 
free markets in Russia. Neither NATO 
growth nor a common currency will 
make it easier for Russia to see itself as 
part of Europe. Countries like Italy fear 
second-class status if they do not qual- 
ify for toe common currency. Eligibility 
is limited to members of toe European 
Union, and, anywg other things, re- 
quires budget deficits so low that erven 
Germany and France may have a hard 
tone qualifying. Russia -is ineligible 
now and likely to remain so for years. 

NATO expansion at its core is an 
effort to erect a Western security zone in 
Eastern Europe while Russia is too 
weak to protest That would be ap- 
propriate if Russia were rearming and, 
becoming belligerent, and might prove a 
necessary step in toe future, but it seems 
31 advised while Russia is trying with 
some pain to become a democracy. 

What Russia most needs today is 
help in turning around its anemic eco- 
nomy. Historians may someday look 
back at Tuesday's meeting and wonder 
why toe leaders of toe United States 
and European democracies seemed so 
intent on expanding NATO in 1997 
instead of working more closely with 
Mr. Yeltsin to solve Russia’s econom- 
ic problems. Russia needs a new tax 
system much more than it needs a new 
relationship with NATO. 

There is nothing wrong with tinker- 
ing with toe shape of Europe now that 
toe Soviet Union is gone, provided the 
adjustments are more likely to bring toe 
Continent together than drive it apart 

— THE NEW YORK TIMES. 


France’s Troubles 


France struggles with a set of dire 
economic circumstances close enough 
to those of the United States to merit 
American concern but distant enough 
to occasion a certain relief as well The 
core fact in France is a persisting level 
of unemployment now running at an 
unspeakable postwar high of 12.8 per- 
cent Center-right President Jacques 
Chirac and Prime Minister Alain 
Juppg, commanding toe National As- 
sembly, cried, but tried ineffectually, to 
stir growth and lame joblessness and to 
shrink social welfare costs and move 
France toward a single European cur- 
rency. To get a boost for this project is 
why Mr. Chirac gambled on calling 
early parliamentary elections. 

The voters responded on Sunday by 
moving defiantly to toe center-left and 
to the protest parties, including the chau- 
vinistic National Hunt Notwithstand- 
ing Mr. Jupp6's immediate sacrificial 
resignation, the center-left Socialists 
and the Communists are given a fair 
chance for a runoff victory. That would 
return France to the situation — a pres- 
ident and Parliament of different parties 
— that it knew twice in toe 1980s. 

The timid Chirac policies of stimulus 
and reform have been tested in gov- 
ernment and found unattractive at toe 


.vhetoer the center-left policies 
of a government led by Socialist Lionel 
Jospin would do much differently or 
better. He campaigned on a pledge to 
create 700.000 jobs (half in die public 
sector) for the young unemployed and to 

diminish weeldy working tours from 39 

to 35 to spread the available wade. This 
is exactly opposite to the serious 
Thatcher-type nee market reforms that 
would let France tackle the horrible 
situation where high social welfare costs 
keep business and government alike (die 
state runs half of ths national economy) 
from creating new jobs. 

Mr. Chirac is committed, but only 
wanly, to meeting toe Maastricht tar- 
gets for joining a single European cur- 
rency . and Mr. Jospin even less so. 
Overall, the French see a strong and 
unified Europe as required not only to 
contain Germany but to ward off toe 
Specter of a global economy dominated 
by the United States. Yet French hes- 
itation on reform undercuts toe drive 
for Europe. This leaves France sus- 
pended between purposes that it seems 
unable either to accomplish or to alter. 
The second round of voting is not go- 
ing to put an end to France's troubles. 

— THE WASHINGTON POST. 


Clinton Isn’t Immune 


The Supreme Court’s unanimous 
ruling in the FuiZa Jones case on Tues- 
day and toe certainty with which toe 
president’s arguments were dismissed 
lent strength to the opinion and left 
little room for maneuver at toe White 
House. Using phrases including “un- 
persuaded by petitioner’s historical ev- 
idence,” “cannot be sustained on the 
basis of precedent” and “no support 
for an immunity for unofficial con- 
duct,” the court turned aside argu- 
ments that the constitution affords the 
sident at least temporary immunity 
civil damages litigation in cases 
where the acts at issue occurred before 
he took office and involved no official 
conduct The president's attorneys may 
have made the best case they could 
devise, but toe case was never there. 

The details of Paula Jones's accu- 
sations are well known and were not 
resolved by Tuesday’s decision. She 
won tally the right to proceed in court to 
try to prove her case. The president by 
the nature of his office, is stOJ expected 
to be accorded respect and some flex- 
Ibilityinrespondmgtothedemandsofa 
lawsuit The justices clearly noted, for 


that toe trial court should, al- 
_ t not required by toe constitution 
to do so, accommodate toe president’s 
schedule, take testimony at the While 
House and allow delays in exceptional 
circumstances. But they brushed aside 
claims that national security or sep- 
aration of powers problems required 
postponement of the trial until 2001. 

It is true that after discovery has 
been completed and when toe trial is 
about to begin, the president will have 
another opportunity to ask for a post- 
ponement. But his request carries no 
special weight because of his office 
and must be balanced against Ms. 
Jones’s interest in proceeding to trial 
lest evidence be lost or witnesses die 
while there is delay. 

What will happen now? One pos- 
sibility is settlement, another that die 
two sides go to trial. A trial would 
likely be an embarrassment no m atte r 
how it turned out. But dial is not a 
reason to deny a citizen normal access 
to toe courts. That was part of the 
court’s message, and we think the mes- 
sage is right. 

— THE WASHINGTON POST. 


Jicralb^a^.Sribune 

HiHO wtm ns vmm tbo MV nXt 

ESTABLISHED 1887 

KATHARINE GRAHAM, ARTHUR OCHS SULZBERGER 
Co-Chairmen 

KATHARINE P. D ARROW, Vice Chairman 
RICHARD McCLEAN, Publisher dt Chief Executive 
MICHAEL GETLER. Executive Editor 

• WALTER WELLS. Managing Editor* PAUL HORVnZ,0cpMy Managing Editor 
• KATOBUNE KN0RR and CHARLES MTTCHEIMORE, Deputy Editors • SAMUEL ABT and 
CARL GEWIRTZ Associate EtSUws • ROBERT J. DONAHUE, EtBtar eftite Editorial Pages 
• JONATHAN GAGE, Business and Finance £i£tor 
• RENfj K)NBY.f*p*«y Publisher 

• JAMES Md RO D- Advertiam Director* DDMER BRUN. Circulation Director. 


181 Av«neCtate*dfrGaaDe. 92521 ffeaiDy-s^-SeijK, France.'’ 



Trade Sanctions Aren’t an All-Purpose Weapon 

... , ^.La. I.Uap ora 1 


N EW HAVEN. Connecticut— The 
straggle between toe Clinton ad- 
ministration and Congress over renew- 
ing China’s most-favored-nation trad- 
ing status is a symptom of amuch larger 
problem with American trade policy. 

That is toe growing tendency of Con- 
gress to use trade sanctions to pursue 
noneconomic goals, including protect- 
ing, human rights, improving condi- 
tions for foreign workers, safeguarding 
the environment, stopping illegal drug 
trafficking and curtailing nuclear 
weapons sales. Those are worthy goals, 
but using trade sanctions to try to 
achieve them will only backfire. 

Trade has never beat more crucial to 
America's well-being. Exports have 
accounted for nearly a thud of U.S. 
economic growth in the 1990s, and 
about 12 million people owe their jobs 
to sales of American products abroad. 

Yet die administration’s legal au- 
thority to conclude major trade nego- 
tiations has expired, ana Congress will 
not renew it. The reason: The House 
and Senate cannot resolve whether the 
president’s trade negotiators should be 
obligated to tieenvironmental and labor 
standards to all commercial accords. 
Thus the administration cannot, for ex- 
ample, pursue the cr ea tion of free trade 
areas in Latin America and Asia, two of 
the president’s highest priorities. 


By Jeffrey £. Garten 


Congress, pursuing other foreign 
policy goals, has broadened its use of 
unilateral sanctions, including embar- 
goes on Cuba (to try to force collapse of 
the Castro government) and Iran (to 
express outrage against terrorism). 

In the case of the most-favored-na- 
tion fight over China, it is no longer just 
toe usual human rights concerns that 
critics are bringing up, but also com- 
plaints (fueled largely by the religious 
right) over Beijing's policies on birth 
control and its crackdown on unre- 
gistered evangelical churches. 

Why won’t trade sanctions help? 
First, Europe and Japan steadfastly re- 
fuse to use trade as a lever. Instead they 
merrily conclude their own commer- 
cial deals, such as ongoing French in- 
vestments in Iran’s oil production. By 
imposing sanctions unilate rally. Amer- 
ica only incurs resentment among the 
countries it wants to influence, and 
undercuts its own companies, which 
are increasingly standazd-bearers of 
American values and influence. 

-If Congress continues to use trade 
sanctions as a weapon, the United 
States will forfeit its leadership in toe 
cause for open global markets. 

Just look at South America, where 


BryUisno^ttyingtob^dal^c 

Labor Organization, which monitors 
treatment of workers worldwide bur 
lacks the power to condemn countries 
with egregious labor practices. 

If America substituted diplomatic 
pressure for economic sanctions^ to pun- 
ish countries whose policies it most 
strongly opposes, it ought find Europe 
and Japan more willing to do the same. 

Washin gto n should enlist American 
businesses, and powerful industry as- 
sociations such as the Business 
Roundtable and the National Associ- 
ation of Manufacturers. Companies 
have so far been too hesitant to adopt 
higher standards for treatment of em- 
ployees overseas and to invest, in 
hospitals and other commu- 
nity projects where they do business. 
They have toe most to lose if Congress 
continues its heavy-handed ways. 

The writer, dean of the Yale School of 
Management and a former undersec - 
retarv of commerce, b author of " The 
Big fen : The Big Emerging Markets 
and How They Will Change Our 
Lives." He contributed this comment to 
The New York Times. 


mercial web from Seoul to Jakarta 
w hi le Washington ties itself in knots 
ova 1 whether to let the president ne- 
gotiate more trade agreements. 

As btiHons of new consumers enter 
the world economy, trade will be ever 
more important to American living 
standards. The big emerging markets — 
Chi™, India, Indonesia. Turkey, Mex- 
ico arid Brazil — are mowing two to 
three rimes faster than Europe and Ja- 
pan. Already the United States exports 
more to the top 10 emerging markets 
than to Europe and Japan combined. 

America’s fastest-growing trading 
partners are the very countries that 
present the biggest human rights and 
security concerns. Why cut off Amer- 
ican influence with than now? 

In most cases, commercial diploma- 
cy should be the leading edge of foreign 
policy, because free trade creates 
private wealth and opens ties between 
American and foreign businessmen. 
Those ties can create pressure for more 
democracy and encourage governments 
to loosen controls on their societies. It 
has happened in South Korea. 

To relieve toe pressure to link trade 
to other objectives, credible global 


On China Trade, Congress Can Play the Tough- Cop Role 


W ASHINGTON — Mike 
Mansfield, toe great 
Senate majority leader after 
Lyndon Johnson, offered an 
amendment every year to draw 
down American forces in 
Europe. President Richard 
Nixon and the foreign policy 
establishment regularly de- 
nounced it as isolationist. 

Once, after a meeting with 
legislative leaders in the Cab- 
inet Room, Mr. Nixon drew 
Mr. Mansfield aside to say: 
“Stick with that amendment of 
yours. I use it all toe time to 
keep toe Europeans in line.” 

The threat of congressional 
action redirecting foreign 
policy has been used by pres- 
idents skilled in quiet diplo- 
macy. Their message to for- 
eign leaders: If you don’t make 
some concessions to American 
opinion. 1 won’t be able to re- 
strain my irresponsible legis- 
lators. Now here's how we can 
stop them ... 

Bill Clinton doesn’t seem to 
get the hang of thar in dealing 
with China. 

On the advice of business 
executives.- and after the per- - 
sooal urging of Indonesia’s 
James Riady, be threw away 
his economic leverage. Ever 
since he flip-flopped — not 
only betraying human rights 
supporters but ignoring Chi- 


By William Safire 


na’s arming of Iran — he has 
been all give and no take. 

His preemptive concession 
in 1994 on low ta riff s was 
based on the new China 
lobby's assurances that free 
trade would lead toward free 
enterprise and freedom of ex- 
pression. But the result of three 
years’ appeasement was drear- 
ily expressed in the State De- 
partment’s latest report: 


Ul publ 
effectively silenced by intim- 
idation. mule, toe imposition 
of prison terms — No dissi- 
dents were known to be active 
at year's end.” 

Mr. Clinton's open-doormat 
policy is a failure. China rings 
up sales in toe American mar- 
ket, strengthening its army's 
grip at home, while the White 
House wrings its hands. 

Now the House of Repre- 
sentatives is considering toe 
resumption of leverage. Last 
year it voted 2-to-l to approve 
an extension of most-favored 
status. This year toe vote will 
bomuch closer.- - 

China’s assault on U.S. in- 
terests has created a remark- 
able coalition. On the left, un- 
ions resisting free trade join 
liberals defending human 
rights and toe integrity of Tibet 


to demand pressure on China 
On toe right, anti -Co mmunis t 
hard-liners fold themselves 
linked with the Christian Co- 
alition and Catholic bishops 
who oppose religious persecu- 
tion and forced abortion. 

So toe heat is on Congress to 
act as “tough cop” to Mr. Clin- 
ton’s “nice cop. ’ The House’s 
Democratic leader, Dick Gep- 
hardt, denounces “free market 
Stalinism.” while toe Repub- 
lican leader, Dick Armey, pub- 
licly agonizes at switching 
from Iris support for most- 
favored status last year. Law- 
makers have a free toot at vot- 
ing their consciences and their 
constituencies because they 
know that the Senate will not 
override a Clinton veto. 

Let the House send Beijing a 
message. A vote against most- 
favored trading status would 
st re n gt h en the president’s wet 
noodle of a hand and would 
not, this year at least, impose 
higher tanffs or harm toe eco- 
nomy of Hong Kong. 

Congress- can strengthen 
Mr. Clinton’s hand in this 
paradoxical way as well: by 
pursuing investigations into 
Chinese penetration of toe 
White House and influence on 
American elections. 


Asians set great store by 
“face.” We are constantly re- 
minded how any attempt to im- 
pose the value of freedom, or to 
restrain the arming of rogue 
states, would be taken as a ter- 
rible insult to toe pride of 
China's new leaders. But -whai 
about American face? 

While warning America 
loudly not to interfere in its 
internal affairs, China was 
secretly interfering in Amer- 
ica’s internal affairs. 

Chinese spokesmen deny 
everything, but Zhou Enlai's 
heirs are highly sophisticated 
diplomats and intelligence 
agents. They know that Wash- 


ington has tapes of taps on their 
Los Angeles consulate dial 
show unlawful political food- 
raising activity. They know that 
these could be declassified and 
played at a Senate hearing. 

Prepare to take diplomatic 
offense, Mr. President. Let 
Beijing know that you will ac- ~j 
cept a “rogue operation” ex- - 
cuse, but only if it is accom- 
panied by cooperation with the 
FBI, human rights gestures and -| 
restraint on arms sales. Oth- 
erwise, the nice-cop president - 
will not be able to control that 
tough -cop Congress on low 
tariffs next time around. 

The New YtvkTimex. 


Nothing Special About 'Most Favored' Rates 

T HE term “most favored nation” is, regrettably, a misnomer, 
a relic of the 17th century, hi fact, it designates the most 
ordinary, most normal trading relationship among countries. 

Since the founding of our republic, the principle of nondis- 
crimination embodied in MFN has served as toe cornerstone of 
U-S. international trade policy. In its most basic application, this 
principle requires a country to apply the same tariff rate to a 
particular product from one country that it applies to imports of 
the same product from all other countries. 

And “most favored nation” tariff rates are not the lowest 
tariff rates that the United States applies. We have free trade 
arrangements with Canada. Israel and Mexico. We grant ad- 
ditional tariff preferences to developing countries. 

In all, we grant tariff's lower than MFN rates to certain 
products from more than 1 30 nations. 

— Senators William V. Roth Jr. and Daniel Patrick 
Maynihan. commenting in The Washington Post. 


I 


Despite Arafat, Signs of Palestinian Democracy Taking Root 


W ASHINGTON — To 
Daoud Kuttab, Jerusa- 
lem: Dear Daoud. 

By toe time this open letter 
reaches you, you should be back 
at work after a week as a polit- 
ical prisoner in a Palestinian jail 
in Ramallah. You are no doubt 
again carrying out toe time- 
honored mission of journalists 
of your ilk: comforting toe af- 
flicted and afflicting toe com- 
fortable. whoever they are. 

I think it is important to re- 
cord some of the things that 
your friends were thinking and 
saying during your ordeal be- 
hind bars, before your release 
on Tuesday. 

It was clear that Yasser Ara- 
fat and his cronies wanted to 
teach you a lesson and break 
your spirit, to prevent future dis- 
closures about their misdeeds 
and problems. Fat chance. The 
Israelis could have told Mr. Ara- 
fat to forget it. They tried and 
failed during occupation days. 
Your stubbornness condemns 
you to speak truth to power, an 
occupational hazard in Jerusa- 
lem for at least two millennia. 

Your arrest and detention on 
totally nonsensical charges 
have focused toe attention of 
your friends and many others on 
the continuing descent of Mr. 
Arafat’s Palestinian state-in- 
waitizzg into a morass of official 
corruption, human rights ab- 
uses and incompetence. 

Your “crime,” it seems, was 
to televise criticism of Mr. Ara- 
fatvoiced in the Palestinian Le- 
gislative Council. The author- 
ities jammed the signal. When 
The Washington Post wrote 
about that. Mr. Arafat assumed 
that you had disobeyed an order 
not to disclose this cheap at- 
tempt at censorship, and per- 
sonally ordered your arrest 
He pumps dumdum bullets 
into both feet simultaneously. 
He has shifted the spotlight of 
world attention off Israeli Prime 
Minister Benjamin Netan- 
yahu’s combativeness in the 
peace process and onto his own 
weaknesses. He causes the 
world to focus not on what re- 
mains to be accomplished in the 
stalled peace negotiations but 
on what be has failed to do since 
foe Oslo peace process began 
nearly four years ago. 

He depends on international 
support, particularly on Amer- 
ican pressure to get Mr. Net- 


By Jim Hoagland 


anyahu to move forward with 
concessions granted by the pre- 
vious government in the Oslo 
accord. But toe emerging mo- 
saic of the chaotic condition of 
the Palestinian Authority. Mr. 
Arafat’s quasi-governing exec- 
utive, calls into question how 
much support he deserves. 

Five days after your arrest, a 
600-rage report detailing bow 
the Palestinian Authority has 
lost $223 million, or one-fourth 
of the 1997 budget, to corrup- 
tion and mismanagement was 
leaked to the Palestinian raedia. 

A day later, the Palestinian 
Human Rights Monitoring 


Group presented a report doc- 
umenting abuse and torture of 
prisoners by the Palestinian se- 
curity forces under Mr. Arafat’ s 
command. Two prisoners were 
beaten to death and 40 others 
physically abused in the last 
two years. Since 1994, at least a 
dozen Palestinian prisoners 
have toed while in the security 
forces’ custody. 

Bassam Eid, bead of the 
rights group, made an essential 
point in releasing the first com- 
prehensive study of Palestinian 
human rights abuses under self- 
rule: “The Palestinian Author- 
ity is not set in its ways. It goes 


back and forth, reflecting inde- 
cision in regard to human rights. 
The problem is a lack of control 
over the security forces.” 

■pie key decisions on toe Pal- 
estinian future do not lie now 
with Mr. Netanyahu but with 
the Palestinians themselves. 
The habits of guerrilla exile — 
the secrecy, duplicity and des- 
potism, as well as the acquired 
taste for high living — have 
become barriers to developing a 
democratic leadership that can 
make moral claims on interna- 
tional support. 

Mr. Arafat argues that Pal- 
estinians must maintain a united 
front against the Israelis, and in- 
ternal politics must “take a back 


For Israel, Ballots Against Bullets 


A RAD, Israel — A bunch of 
fans appeared toe other day 
at the gates of the Beersheba 
prison carrying cakes, flowers 
and gifts. They came to cheer up 
Yitzhak Rabin's murderer on 
his birthday and express their 
support for him. 

when they were denied entry 
into the jail, those true believers 
were quick to pronounce Israel 
an “undemocratic state.” 

Actually, the cheerleaders 
for Mr. Rabin’s murderer main- 
tain that democracy is the 
plague. Yet they can seem to be 
using, even manipulating, this 
plague, including its press and 
media, more energetically, 
more skillfully than toe seem- 
ingly exhausted defenders of Is- 
raeli democracy. 

Even before Mr. Rabin was 
murdered, there seemed to be a 
sort of division of labor be- 
tween the hateful, violent op- 
ponents of peace and of die- 
mocracy, who controlled the 
streets and the squares, and toe 
armchair-confined peaceniks 
and pluralists. 

The armchair-theater crowd 
believes in tolerance, of course. 
But after the birthday party out- 
side the Beersheba prison, per- 
haps the time has come to ask 
ourselves one simple question: 
Can our postmodern, post-ideo- 
logical, multi-narrative toler- 
ance tolerate this post-demo- 
cratic, pro-murder stage play? 

True, toe murderer’s ad- 
mirers are a ihinority. They 


By Amos Oz 


probably even regard them- 
selves as an oppressed minor- 
ity. persecuted oy the “leftist- 
liberal courts,” which violate 
their democratic right to ex- 
press themselves by toe pistol. 

After all. they do not intend 
to impose their views on any- 
one. They just wish to promote 
murder, as others are entitled to 
preach against murder. Let the 
bullets and toe ballots vie for 
public support, in the honored 
tradition of an open society, and 
let the better idea win. 

This will eventually provide 
for a nice new national unity, 
since the bullet party will see to 
it that the ballot party shrinks in 
numbers so that when Mr. Ra- 
bin’s murderer is released from 
jail be will get a unanimous 
hero's welcome from a unan- 
imous. if smaller, nation. 

This, then, is the proposition 
from tile pro-assassination 
bunch who gathered the other 
day in front of the Beersheba 
prison. The only way to snip 
their proposition in toe bud is 
for the armchair lot to take to the 
streets and demand that demo- 
cracy remain the exclusive play- 
ground of democrats, and that 
pluralism and tolerance draw 


see the jail from inside. The 
Israeli legislature, prosecutors 
and courts should see to it, and 
promptly. 

Mr. Oz. the Israeli novelist, 
contributed this comment to the 
International Herald Tribune. 
© Amos Oz, 1997. 


seat to toe Palestinians’ struggle 
for a fully independent state,” 
the Los Angeles Times reports. 

But the signs of democracy 
taking root — your determined 
reporting (in the newspapers, 
until Mr. Arafat had you fired 
and then on television), Mr./p 
Eid’s commitment to stigmat- 
izing human rights violations 
committed by Israelis or Pal- 
estinians, the Legislative Coun- 
cil's independence from Mr. 
Arafat — demonstrate that Mr. 
Arafat has things precisely back- 
ward. Increasingly he sounds 
like a man intent on protecting 
his privileges, not his people. 

That of course is the defin- 
ition of oppression. You 
worked against oppression dur- 
ing Israeli rule. You then did 
something much harder. You 
did not let the dream of national 
liberation blind you to oppres- 
sion practiced by your own 
leaders. You did not fall into the 
understanding silence that has 
enveloped too many journalists 
in emerging societies. 

In jail or out. you are free in 
your soul and your thinking. 
That is the crime that petty des- 
pots cannot forgive. 

The Washington Post. 


IN OUR PAGES: 100, 75 AND 50 YEARS AGO 

1897: Two New Saints 


ROME — Never since the ab- 
olition of toe Papacy’s temporal 
power has toe Basilica of St. 
Peter’s witnessed so grand and 
impressive a ceremony as took 
place when toe Pope canonized 
two new saints — Blessed An- 
tonio Maria Zaccaria. founder 
of the canons regular of Sr. Paul, 
better known as Bamabites. and 
Blessed Peter Fourier, called 
the Apostle of Lorraine. 

1922: Mexican Revolt 

NEW-YORK - American 
refugees are arriving in Arizona 
from Sonora, where there is a 
serious uprising of Yaqui In- 
dians. In many States fresh fuel 
is being added, with general Fe- 


- .. . . lw Diaz and his Followers „ un , 

foe limit precisely at the point joined by toe Carranzistas. fan- GimS ^PPFT w 

where toe rales of toe game are ning the flames into life. The v,.™ Vl ™ ch for years has 

challenged by violence. unrest throughout toe country is JP 6306 country," 

The mtnrierer’s fans were ab- said to be toe preliminary m an r ‘ >0 ■ g causes unrest to my 
solutely right in their demand to organised rebellion to crush rhe „ nsClence as a military man, 

nor as a patnot,” he said 


A - 

Obregon regime. The American" 
Government is watching its de- 
velopment with considerable 
anxiety, for revolutions in Mex- 
ico invariably give rise not only 
to trouble along the border: 
but to international incidents 
nuu^ht with dangerous possi- 
bilities. Foreign concessions 
are usually the first to suffer. 

1947: Somosa’s Coup 

MANAGUA. Nicaragua — ■ 
General Anastasio Somosa de- 
clared that a plot to oust him 
from his post as head of toe 
Nicaraguan National Guard led 
to the coup d’etat which forced 
President Arguella from office, 
oomosa acknowledged his lead- 
ership in the coup and asserted 
that President Aiguella had be- 
gun to tamper with the National 
L “w 

peace in this country. 




I 


m 






’Vase fk 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 


PAGE 9 


OPINION/LETTERS 


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SOMEHOW I D0NT1HINK 
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Tan 1 


P ARIS — Prcsideni Bill Clin- 
ton traveled to Europe this 
week as pan of his seecmd-term 
project to elaborate a new in- 
ternational system and win a 
statesman’s reputation. 

His purpose is to reaffirm the 
United States as “a European 
power.” as the National Security 
Council chairman. Sandy Ber- 
ger. has said, and to "build an 
undivided, peaceful and demo- 
cratic Europe” permanently- 
linked to the United States. 

NATO expansion is indis- 
pensable to the plan — “a 
sweeping, broad, historic, sira- 
tegic objective.” according to 
Mr. Berger, promising an even- 
tual achievement comparable to 
that of the Marshall Plan. 

Mr. Clinton’s program for 
Europe is accompanied by ad- 
ministration projects for "inte- 
grating the Asian-Pacific com- 
munity." producing a compre- 
hensive Middle East settlement, 
completing the Western Hemi- 
sphere free-trade union begun 
with NAFTA and solving vari- 
ous environmental, drug, terror- 
ism and organized crime prob- 
lems now pulled together under 
the responsibility of a newly ap- 
pointed undersecretary of state 
for "global affairs” (former 
Colorado Senator Tim Winh). 

While inspecting Free French 
troops after the invasion in 1 944, 
General de Gaulle came to a tank 
bearing the painted slogan 


"Mon aux Cons!” — death to 
idiots. "Vast project,” was the 
general's dry comment The 
same must be said of Mr. Clin- 
ton’s second-term ambitions. 

What is wrong with them? 
first, there is no need for his 
program. It will make trouble. A 
project to produce closer integra- 
tion between the European Union 
and the United States cannot 
provide reciprocal advantages for 
its members because the U.S. 
Congress, parochial (by design) 
in its concerns and constituencies, 
is today largely isolationist in out- 
look and unilateralist in action. 

Congress, moreover, un- 
doubtedly reflects the temper of 
the country, which has reason to 
be preoccupied with domestic 
matters. It is unlikely that many 
Americans share Mr. Clinton’s 
globalist ambitions. 

The Senate may not even rat- 
ify the NATO expansion treaty. 

Congress has already angered 
the allies with unilaterally man- 
dated penalties on foreign compa- 
nies and individuals doing busi- 
ness with what the United Stales 
regards as "rogue states,” Cuba 
ana Iran. A new trans-Atlantic 
commercial dispute arises from 
the European Union's recent bill 
of objections to the Boeing/Mc- 
Donne 11 -Douglas merger. 

The EU says the merger tends 
toward monopoly and brings il- 
legal subsidies to Boeing from 
the Pentagon and NASA. Brus- 



sels threatens to bar Boeing from 
doing business in Europe. Neither 
Congress nor the administration 
are in a mood to take this. 

Think of the trouble to come 
when the single European cur- 
rency is created, the first serious 
rival the dollar has bad since ster- 
ling was dethroned after World 
War I. Washington will no 
longer be able to allow the dollar 
to float, while the currencies of 
other countries are denoted in 
value with respect to the dollar. 
The European currency mil be- 
come a rival reserve currency, 
meaning that American deficits 
will no longer automatically be 
financed by other countries. 

These conflicts make it clear 
why the European Union has no 


interest in changing its relation- 
ship with the United States in any 
way that limits the EU’s ability to 
defend its commercial interests. 

Mr. Clinton’s people believe 
that it is NATO which does and 
should unite Europe, and that the 
EU should be functionally sub- 
ordinate. That is a fundamental 
misreading of today’s reality. 

That is to speak only of Europe. 
In Asia, China is certainly not 
prepared to be incorporated into 
an American-led system. Nor is 
Japan willing to take an active 
ion in a system directed against 
C hina, Japan is interested in 
Asian stability, not conflict. 

The Marshall Plan and Truman 
Doctrine were realistic policies 
undertaken in a world crisis, in 


B) D \V/ 1 CLR> 1 » Anjrlf, Tma^jadicau 


response to the appeals of 
weakened allies, with an aware- 
ness — as George Kennan wrote 
in the "X” document that for- 
mulated containment — that the 
lest was one of national character 
and “spiritual distinction.” 

The new Clinton administra- 
tion program is “spiritually” 
empty because fundamentally un- 
serious, unrealistic and vainglori- 
ous, designed to glorify its authors 
and reward the administration’s 
clients. There is no need for it, nor 
any desire for it among either 
allies or former enemies. Its pro- 
motion at the zenith of American 
power will generate the enmities 
that the abuse of power invites. 

International Herald Tribune. 

O Los Angeles Tunes Syndicate. 


They Stayed On in Algeria 
When the ‘Wolves’ Came 


By John Kiser 


LETTERS TO THE EDITOR 


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On Smoking 

i Bob Herbert ( " Smoking "s Ra\'- 
jiges: ‘Look What It's Done to 
Opinion. May 13) laments 
• Yul Brynner’s, Leonard Bem- 
friein's and Alan Jay Lemer's 
deaths due to tobacco smoking, 
j Let them rest in peace! There is 
a huge difference between a 
powerful artist, eager to enjoy the 
pleasures of life, and a self-right- 
jeous jerk whining into his Diet 
Coke. You cannot ask a genius to 
behave like a hypochondriacal, 
gloomy puritan. 

; BERNARD COHEN. 

! CastiUon Sav&s, fiance. 


Regarding ” Smokers Should 
Be Free to Puff and Suffer” 
(Opinion. April 24) by Robert J. 
Samuelson: 

Smokers are among the 
primary reasons for the explosion 
of health care costs in the United 
States over the past 30 years. And 
contrary to Mr. Samuelson s 
claim that smokers do not impose 
huge costs on the rest of society, it 
is my insurance premiums dial re- 
flect the costs of caring for all 
those heart and lung diseases 
suffered by smokers. 

It is not only smokers who “ex- 
perience the pleasures and horrors 
of smoking.” Smokers. dirty our 


beaches, parks and sidewalks with 
discarded butts. They, fill the air 
with eye-irritating fumes, they 
cost me 100 francs to dry-clean a 
dress every time I spend an hour in 
a closed cafe and they min too 
many fine French meals. 

If smokers can come up with 
a way to isolate their health care 
and health insurance costs, find a 
way to keep their litter to them- 
selves and. most important of all, 
keep their disgusting fumes out of 
my ah, then they can puff and 
suffer to their hearts’ and lungs’ 
content. 

MELOME HOFSTETTER. 

. ...... ... y • Paris.. . 


‘Artificial Outrage’ 

I write regarding “Italy May 
Allow Return of Monarch’ 5 
( Briefly . May 10), which referred to 
a raiher artificial outrage in the 
Trahan press over certain state- 
ments I was alleged to have nude. 

In fact, I was bluntly asked by a 
reporter whether I would apolo- 
gize for something my grandfath- 
er did when I was one year old. I 
said no and tried to explain that 
my grandfather could not have 
refused to countersign a decree of 
the Fascist government. He did, 
however, try everything in his 
power to, soften titese laws. 


My statement was transformed 
by some journalists into a defense 
of anti-Semitic laws. 

VTITORIO EMANUELE. 

Geneva. 

One More Thing 

Regarding “US. Economic 
Success Sends Out Ripples 
Around the Globe ” ( May 19): 

One of the most important rea- 
sons for this success was not men- 
tioned: the exploitation of work- 
ing people by the corporate and 
financial nomenklatura. 

Z. MICHALOWSKL 
Kitzbfibel, Austria. 


W ASHINGTON — Memori- 
al services ore being held 
throughout finance to commem- 
orate an execution that horrified 
die country a year ago. Seven 
Trappist monks in Algeria were 
decapitated after having been held 
hostage for two months by mem- 
bers of the Aimed Islamic Group. 
The killers justified their work as 

MEANWHILE 

pleasing to God, thus confirming 
the West’s worst nightmares 
about Islam. 

The monks died because they 
loved their neighbors, Muslims 
who loved them. “They were like 
our fathers,” a mourner told a 
reporter last year. 

There are those in the West for 
whom Islam has become synon- 
ymous with violence. But the 
monks' legacy will be perverted if 
their deaths are used only to con- 
firm the worst expectations of Is- 
lam. They died in a spirit of love for 
another kind of Islam, one of be- 
lievers seeking, like themselves, to 
draw closer to their common cre- 
ator — an Islam that was ashamed 
of the kilting done in its name. 

The monks' kidnapping grew 
out of the violence that began in 
January 1992. when the Algerian 
government canceled the first 
democratic election since Algeria 
gained independence from France 
in 1962. Their deaths brought to 
116 the number of foreigners as- 
sassinated in a war that now has 
cost an estimated 80,000 Algerian 
lives. 

In early 1996 the government 
muzzled the press to convince the 
outside world that terrorism was 
under control. This only provoked 
the Armed Islamic Group, or GIA, 
to more spectacular attacks. In 
March of that year, the GIA kid- 
napped die seven Trappists, de- 
mandingthe release of its members 
held in French and Algerian pris- 
ons in exchange for the monks’ 
freedom. 

Why were French Christian 
monks in Muslim Algeria 34 
years after independence? Two 
million Europeans emigrated, but 
among the several hundred thou- 
sand who stayed were members of 
religions orders who were wel- 
comed by the victorious socialist 
FLN government In 1964, the 
Christian community was rein- 
corporated under Algerian law as 


the Catholic Church of Algeria. 

Proselytizing is forbidden in 
Algeria, but die monks of Notre 
Dame d’ Atlas in Tibhirine, 100 
kilometers south of Algiers, did 
not have to go out in search of 
souls. The souls came to them. The 
monks gave the local Muslims, 
who lacked a mosque, part of the 
monastery to use for daily prayer. 
They helped them read letters 
and leant French, they delivered 
babies, provided employment and 
treated them at their clinic. 

To the Arab and Muslim alike, 
providing hospitality to strangers 
xs the supreme act of courage and 
love. To their Algerian neighbors, 
the monks were “true Muslims” 
— hospitable, devoted in worship 
and without hypocrisy. They 
chose to risk death out of soli- 
darity with the local Muslims, 
who had nowhere to flee and who 
risked death by associating with 
them. 

“A good shepherd does not run 
away when wolves come,” Bish- 
op Pierre Claverie of Oran said at 
the monks’ funeral. Less than three 
months later, he, too, was killed. 

The testament of Father Chris- 
tian de Chergfi, written two years 
before his murder in Tibhirine, 
reveals a man who gave his life 
freely: “If the day comes that I am 
a victim of the terrorism that 
seems to be engulfing the world 
... I would like my community, 
my church and my family to know 
that 1 gave my life for God and 
Algeria. 

“I know the caricatures which 
a certain Islamic ideology encour- 
ages and which make it easy for 
some to dismiss the religion as 
so mething hateful. My death will 
justify the opinion of those who 
have dismissed me as naive. But 
such people should know that at 
last I will be able to see the chil- 
dren of Islam as He sees them. He 
whose secret joy is to bring forth 
our common humanity amidst our 
differences." 

“We must water the seeds be- 
queathed by our monks,” a 
Muslim woman wrote to the arch- 
bishop of Algiers after their 
murder. “Our duty is to pursue 
peace, love God and respect 
people who are different” 

The author, who is writing a 
book about the monks ofTibhirine, 
contributed this comment to the 
International Herald Tribune. 


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PAGE 10 


INTERNATIONAL HERALD TRIBUN E, THURSDAY, MAY 29, 1 997 

HEALTH/SCIENCE 



Tsutomu Anraku, in charge of excavations at the Harunotsuji site on the island oflld in southern Japan . 

A Heated Debate on Fusion 


By William J. Broad 

New York Times Service 



EW YORK — Despite the 
end of the Cold War, a quiet 
battle is heating up in the 
U.S. government over 
whether weapon scientists should be al- 
lowed to press ahead with weak toward a 
new generation of hydrogen bombs. 

On Friday, the federal weapons lab- 
oratory in Livermore, California, is to 
break ground on a huge laser complex 
designed to ignite hydrogen without an 
atomic match. If successful, the laser 
would fire a titanic bolt of energy onto a 
day pellet of hydrogen fuel, heating it 
hotter than the surface of the sun and 
causing hydrogen atoms to fuse into 
helium in a burst of pure fusion energy. 
All this would occur at a $22 billion 
complex. 

In foe meantime, weapon scientists . 
have been pursuing a number of smaller 
projects that strive at miniaturising foe 
machinery needed to ignite a fusion 
reaction and at shedding light on ther- 
monuclear physics. Weapon scientists 
are lobbying to continue such work, 
saying it is permitted under foe Com- 
prehensive Test Ban Treaty, which bars 
nuclear explosions. 

Treaties and experts who have tried to 
slow nuclear arms development have 


few objections to fusion machines based 
on gigantic matches bigger than a foot- 
ball field, but fears arise when proposed 
ignition systems are small, raising the 
prospecr of pure-hydrogen bombs that 
can be easily transported to distan t tar- 
gets. So critics are denouncing foe ther- 
monuclear research as dangerous. 

‘ ‘The time has come for our nation to 
declare that it is not working, in any 
way, to develop further weapons of 
massdestruction,'’Dr.HansA. Befoe,a 
primary architect of foe first atomic 
bomb who is now at Cornell University, 
wove President Bill Clinton late last 
month. Dr. Befoe pointed specifically to 
the danger of “pure-fusion weapons." 

What especially disturbs arms con- 
trollers is that the fuel for hydrogen 
fusion is relatively easy to obtain and 
that a pure hydrogen bomb, if perfected, 
could in theory be very cheap to build. 
The main fuel for nuclear fusion is deu- 
terium, an isotope of hydrogen that is 
ubiquitous in sea water. 

Y contrast, atomic bombs are 
fueled by uranium, a scarce 
element that must be mined 
and its rare 235 isotope con- 
centrated in an arduous industrial pro- 
cess or its 238 isotope transmuted into 
plutonium in a reactor. Either way, get- 
ting the ingredients for atomic bombs is 



BOOKS 


RAYMOND CHANDLER: 

A Biography 

By Tam Hiney. 2 JO pages. $26. Atlantic 
Monthly Press. 

Reviewed by Jonathan Yardley 

R AYMOND Chandler detested foe 
intelligentsia, and with ample rea- 
son. He accurately believed, as Tom 
Hiney writes, that ‘‘the entire intellectual 
establishment was in a state of terminal 
self-delusion, cut off from foe public it 
despised," and he disputed the notion 
that, in his own words, the only creative 
people were "bloodless intellectuals 
who sit just at the edge of foe lamplight 
and dissect everything in dry little 
voices." He kept things in perspective: 

"To these people, literature is more 
or less the central fact of existence. 
Whereas, to vast numbers of reasonably 
intelligent people it is an important side- 
line, a relaxation, an escape, a source of 
inspiration. But they could do without it 
for more easily than they could do with- 
out coffee or whiskey." 

The considerable irony is that Ray- 
mond Chandler is now a darting of the 
very intelligentsia he despised. His nov- 
els and pulp stories are taught in college 
courses that seek to elevate "hard- 
boiled” fiction to the literary ether, his 
name is evoked reverently at foe Mod- 
em Language Association and in in- 
tellectual quarterlies, and not long ago 
be was granted admission to the Library 
of America. 

It is a pity that Chandler, who died in 
1959 after punishing his liver quite lit- 
erally to death, is not around to witness 
all of this. He took pride in his detective 
novels and film scripts, knew they were 
more serious and of more lasting value 
than most thought at foe time, and was 
pleased when an occasional reviewer or 
critic saw his work for what it really 
was. But he never tried to puff more into 
his work than it could hold, and surely 
he would be astonished to find it so 
reflexively venerated. 

He was a strange and fascinating 


man. Bonirin America, reared and edu- 
cated in England, he tried his hand at 
airless literary poetry, then moved to the 
United States and knocked about from 
job to job before almost accidentally 
landing a position in a California ou 
syndicate. He was paid lavishly, and had 

was fired for alcoholism in 1932, he 
could underwrite his deliberate, sys- 
tematic attempt to turn himself into a 
writer. His apprenticeship was long, and 
for much of the time he must have 
wondered if it would ever end: he wrote 
a couple of dozen stories for pulp 
magazines, chiefly Black Mask, and ms 
first two novels — "The Big Sleep" 
and "Farewell, My LoveLy’ r — sold 
poorly at first, despite the firm con- 
viction of his publisher, Alfred A. 
Knopf, that they were work of genuine 
merit and popular appeal. 

His call to Hollywood came in 1 943. 
It provided a necessary break from foe 
isolation in which he had been writing 
for a decade, and he shared none of the 
intelligentsia’s condescension toward 
the movies and those writers who "sold 
out’ ’ for fat paychecks. In a difficult but 
rewarding collaboration with Billy 
Wilder, he wrote a classic screenplay, 
"Double Indemnity,” and worked on 
several other films of not-mconsider- 
able distinction. The first adaptations of 
his own novels were sloppily done by 
others, but in time movies, as well as 
books, made Chandler’s private eye, 
Philip Marlowe, as famous as Sam 
Spade or Pearry Mason. 

Marlowe was more interesting than 
either of those. Private-eye fiction seems 
to be a vehicle through which writers can 
create imaginative, romanticized rep- 
resentations of themselves, and Chand- 
ler was a far more interesting man than 
either Dashiell Hammett or Erie Stanley 
Gardner. Marlowe was "a hard-drink- 
ing hero who combined everything that 
Raymond Chandler was, wished he was 
and feared he might be." Marlowe 
began to take shape in Chandler's mind 
in his last years with the oil syndicate: 


"Both men were lonely drinkera work- 
ing in Los Angeles. Both were good at 
jobs which they found distasteful and 
both, to some extent, were addicted to 
physical danger." And: “On the sur- 
face, Marlowe was as lonely, unsociable 
and self-persecuting as was Chandler, 
but beneath that lay a sense of honor and 
of humor, as well as sensitivity.” It was 
a perfect combination of self-portrait 
ana invention: "If it was the Raymond 
Chandler side of Philip Marlowe that 
made the detective so much more three- 
dimensional than other palp heroes, then 
it was equally Marlowe who brought out 
foe best in Chandler." Philip Marlowe 
was the middle ground between Chand- 
ler the self-indulgent English poet and 
Chandler foe production-line American 
pulp writer. Each, on the evidence of 
‘The Big Sleep,' seemed ideally capable 
of curbing the cliches and excesses of 
foe other.” 

T OM Hiney has read Chandler care- 
fully and astutely. Himself English, 
he stresses foe English aspects of 
Chandler's upbringing and character 
perhaps a bit more heavily than is war- 
ranted. On foe things that matter, Hiney 
is veiy good: Chandler’s rocky yet 
happy and life-giving marriage to a 
woman two decades his senior, foe cor- 
respondence into which he retreated as a 
means of maintaining human contact 
while in isolation, correspondence that 
is itself a substantial literary monument; 
his strange, pathetic relationships with 
women after his wife’s death: his de- 
pendence on drink — hard drink, in 
incredible doses — and his inability to 
shake himself of it. earnestly though he 
occasionally tried. Hiney has kept his 
biography to a reasonable length, ana- 
lyzed his subject’s work with precision 
and perception, and presented a per- 
suasive case that not merely was Chand- 
ler a writer of real consequence, he was 
also "a good man and an honest one." 

Jonathan Yardley is on the staff ofThe 
Washington Post. 


BRIDGE 


By Alan Truscott 

T HE final of foe Reisinger 
Knockout Team Champi- 
onship, one of the oldest and 
most prestigious events m the 
game, was contested recently 
by squads headed by Roy 
Welland of Manhattan and 
William Ehlers of West Or- 
ange, New Jersey. 

In one semifinal, foe Wel- 
land team, which includes 
Christal Hetmer-Wefland, 
Elizabeth Reich and Brad 
Moss, all of M an h a tt a n ; Lapt 
Chan of Forest Hills, Queens, 
and Jon Heller of Brooklyn, 
wen by 6 imps, defeating foe 
top-seeded team led by Glam 
Milgrim of Manhattan. 

In the other semifinal, 
Ehlers and his teammates, 
John Rengstorff and Jeff 


Aker of Manhattan, Michael 
Kopera of Brooklyn. Richard 
deMaitino of Riverside, Con- 
necticut, and John Stiefel of 
Wethersfield, Connecticut, 
defeated August Boehm of 
Manhattan and his team by 49 
imps. The Ehlers auad built 
up abig lead in foe first half of 
the match, in part because of 
foe diagramed deaL 

One would expect North to 
teach three no-trump and suc- 
ceed easily, and thishappened 
when the Silos team held the 
North-South cards. The only 
k illing lead was a diamond, an 
impossible choice for East in 
normal dreumstances. 

Butin the replay, as shown, 
Kopera opened foe West hand 
with one diamond. This 
psychic move was popular 40 
years ago, when it was part of 
foe Roth -Stone system, but 


was generally abandoned be- 
cause it often led to problems 
for the psycher. For Kopera 
and his partner, Aker, foe risk 
was substantially reduced be- 
cause they use a mini-no- 
trump showing 10-12 points. 
Since East could not have that 
hand, it was unlikely that he 
would brad toward game with 
disastrous consequences. 

The opening bid was ruin 
for North-South. With a dia- 
mond lead impending, three 
no-trump was not appealing 
and would have failed. The 
partnership landed in four 
spades which would have 
succeeded on a good day. 
Tins was not a good day, 
however, and South, playing 
In the expectation that west 
held foe club king, went down 
four tricks and lost 14 imps. 
He could have done some- 


what better, but it would have 
made hardly any difference to 
the imp score if he had saved a 
trick or two. 

NORTH 

* AI0 2 
0AK53 
0 AS 
4AQJ3 

WEST EAST (D) 

*K874 *»3 

0080 OQJ74 

*KM7<3 9Q95 

*6 ♦ K 7 fl 4 

SOUTH 

* Q J A 3 
0 107 

0 J8J 

* 10 9 3 2 

Both were vulnerable. The bW- 

din*: 

East 
Pat* 

Paw 
Pass 
Pass 

West led tlw diamond bur. 


South 

Wert 

North 

PM 

1 4 

DM. 

1* 

Pan 

10 

1« 

Pan 

40 

PM» 

Pan 



Unearthing Ancient Japan 


so daunting that it has foiled many 
would-be atomic powers. 

The hydrogen conflict is arising de- 
spite new obstacles to foe making of all 


: Comprehensive Test Ban Treaty, 
signed by Mr. Clinton in 1996 and en- 
dorsed by the United Nations, was writ- 
ten to hall the development of new 
weapons of mass destruction by im- 
posing a global ban on nuclear det- 
onations. The absence of explosive test- 
ing sharply increases the odds that a 
weapon will fail. The treaty bars "any 
nuclear weapon test explosion or any 
other nuclear explosion’’ and makes no 
distinction between the testing of atom- 
ic and hydrogen arms. 

Despite foe treaty, nuclear weapons 
laboratories and allies in Washington 
argue that the comprehensive test ban 
has a loophole that allows pure-fusion 
research, including explosive tests. And 
it is a good dung, they say. The research 
on pure fusion will aid recruiting of 
weapon scientists and hone weapons 
skills, helping the laboratories maintain 
the strength of the nation's nuclear ar- 
senal. 

But arms controllers argue that the 
United States now risks becoming not 
only tiie architect of unnecessary 
weapons but also a hypocrite in the eyes 
of the world. 


By Velisarios Kattoulas 

ImmodaBal Herald Tribune 

A SHIBE, Japan — Nearly 100 
years have passed since 
scholars stummed across an 
ancient town that is now be- 
ing bailed as the most significant Jap- 
anese archaeological discovery in tins 
century. 

Excavation at the Harunotsuji site 
took a back seat to Japan’s invasion of 
Korea and rhma, Worid War U and five 
decades of single-minded economic de- 
velopment. It was also delayed by a 
minefield of Japanese real esiate laws. 

Finally, last year, archaeologists 
made a major breakthrough at the ate on 
Iki an island 25 kilometers (15 miles) 
off Kyushu, in southern Japan. They 
tme 3 rfoed a 2 , 200 -year-old port that has 
given scholars foe most detailed 
glimpse yet into life in the 30 warring 
mini-states th?r dotted Japan during the 
Yayoi period (300 B.C to AD. 300). 

Tsutomu Anraku, who is in charge of 
excavation at the site, contends that his 
team of 80, most of them old women 
working for $50 a day, could be just 
weeks away from another major dis- 
covery. This time he hopes they will 
uncover the first ship from foe Yayoi 
period. Archaeologists have discovered 
only small dugout canoes from foe peri- 
od; a ship could help confirm theories 
that there was thriving trade between 
Japan, Korea and possibly China as long 
as 2,000 years ago. 

‘’The Uri mini-state was too small to 
survive just on what could be grown 
there and on fish from the sea," Mr. 


Anraku said. "So we think it must have 
been trading with other parts of Japan, 
Korea and perhaps China to survive/ 

Historians found the Harunotsuji site 
at foe mm of the century. They had 
found a detailed description of the Dri 
mini-state in foe Cishi wajinden, a his- 
tory of tbs Chinese Wei Dynasty (AD. 
220 to 265) that contains the first written 
references to Japan. The Chinese text 
mentioned many of foe 30 mini-stales 
by name but pinpointed the location of 
just Uri and one other, suggesting con- 
tact was jjreatest between those two and 

The hi ghligh t of the lQOfoectare 
(247-acre) site is the port discovered in 
September 1996. It is 12 meters long, 
about 1.5 meters deep, 11 meters across 
at foe surface and 7 meters across ai foe 
bottom. A river passes nearby and ar- 
chaeologists believe it was diverted to 
flow into foe port so that ships could 
dock there. 

“Technologically, Dri appears to 
have been more advanced than most 
parts of mainland Japan during the 
Yayoi period,’’ Mr. Anraku said. “At 
that time, we think , very lizzie new tech- 
nology was being developed in Japan so 
Dri had an edge over other mini-states 
because of its close contact with Korea, 
«nd possibly China." 

In particular, archaeologists were im- 
pressed by the construction of the port. 
To prevent the wharf from washing 
away in the heavy storms that lash foe 
island, it was built in layers held to- 


The site has already given ar- 
chaeologists many insight*. They 
have unearthed graves on foe outskirts 
of foe settlement, which, they belieye 
had up to 3,000 households. People 
were buried in large conical pots or m 
shallow pits covered with slabs of stone. 
Because of the acidity of’foe soil, ar- 
chaeologists found few human re m a in s 
in the graves, but they discovered 
strings of glass beads from ma i n l and 
Japan and coins and small mirrors from 
Korea and China, reinforcing theories 
that foe island had regular contact wfih 
foe two countries. 

One of the biggest problems for ar- 
chaeologists in Japan is foe nation's 
complex real estate laws. Under those 
laws, they cannot sequester Zand easily 
and before excavation must obtain per- 
mission from landowners, a time-con- 
suming tas k- That remains the biggest 
problem Mr. Anraku and his team face 
at the Harunotsuji site, which is owned 
by 104 people. ? 

*Td say there are still five or six 
landowners who haven't agreed to let us 
excavate their land," Mr. Anraku saiR; 
Excavation at foe site started in 1949.: 



T 


gather by netting, following techniques 
developed in China more than 2,000 
years ago. 


HIS year the Japanese gov- 
ernment plans to des i gnate 
Harun otsuji a national histor- 
ical monument That should 
make it easier for archaeologists to buy 
land. It won't solve all of Mr. Anraku^-s 
problems, including limited funds and a 
dearth of amateur archaeologists willing 
to work at the site for free. Nevertheless, 
it should help to speed up the excav- 
ations. T 


Literature and Lepidoptera 


By Steve Coates 

Net v York Tones Service 



EW YORK— Two lepid- 
opterists have substan- 
tially completed an ambi- 
tious project begun 50 
years ago by an extraordinary col- 
league: the novelist Vladimir 
Nabokov, author of “Lolita." 

hi the 1940s, Mr. Nabokov held a 
part-time position at the Museum of 
Compar a tive Zoology at Harvard Uni- 
versity and published several papers 
on a widespread group of small blue 
butterflies known as Polyommatini, or 
blues. Among them was a seminal 
taxonomic classification of the Latin 
American, or neotropical, Polyozn- 
matini, which, lepidopterists know 
- casually, a? Mr. Nabokov’s blues. - 
. ... The tworesearchers say their recent 
work dispels longstanding doubts foal 
Nabokov’s pioneering study would 
stand the test of time. Moreover, they 
have paid honor to Mr. Nabokov by 
naming more than 25 recently dis- 
covered species of neotropical Pol- 
yn mmatini after characters or places 
in his novels, including one called 
Madeleines Iolita. 

“The neotropical blues are in a 
sense Nabokov’s territory,” one of 
foe researchers. Dr. Kurt Johnson, 
said in a recent interview. Dr. John- 
son, a lepidopterist with the Florida 
State Collection of Arthropods, is one 
of the authors of ‘‘Nabokov as Lepid- 
opterist: An Informed Appraisal, ' an 
article in the current issue of Nabokov 
Studies, an annual literary journal. 
The other authors of foe article are Dr. 
Zsolt Balint, a lepidopterist at the 
Hungarian Museum of Natural His- 
tory in Budapest, and G. Warren Whi- 
taker, a New York lawyer. 

Mr. Nabokov’s passion for butter- 
flies was much publicized after the 
success of “Lolita” in 1958. “It was 
as if Nabokov was a bigamist, as if he 
bad two wives he loved passionately, 
literature and Lepidoptera,” Dr. Brian 
Boyd, Nabokov’s principal biograph- 


er ("Vladimir Nabokov: The Russian 
Years,” Princeton University Press, 
1990, and “Vladimir Nabokov: The 
American Years" Princeton, 1991), 
said in an interview. 

But readers have never been in a 
position to judge foe quality of Mr. 
Nabokov’s scientific work, with cyn- 
ics going so for as to label his lepid- 
optery as nothing more than an elab- 
orate literary pose. "Eyebrows were 
raised when Nabokov published his 
research,” said Charles L. Reming- 
ton, professor emeritus of evolution- 
ary genetics at Yale University. * ‘A lot 
of people have been uneasy about how 
well ms work would stand up under 
the scrutiny of good professionals.” 

“But Nabokov was remarkably cap- 
able, and so it was very good to have 

Butterfly specialists sing 
the praises of the 
Nabokov blues. 


this high-quality work,” he added, 
referring to Dr. Johnson and Dr. Bal- 
inl’s research. "No one before has 
done this kind of elegant morpho- 
logical analysis of the Latin American 
blues.” 

Mr. Nabokov, a Russian aristocrat 
who fled the Russian revolution, fled 
yet again from the Nazis, arriving in 
the United Stales in 1940 at age 41. 
Beginning as a volunteer, he worked 
first at the American Museum of Nat- 
ural History and later at Harvard, 
where he drew a salary of $ 1,200 a 
year. His classification of foe Latin 
American Polyoramatini appeared in 
the journal Psyche in 1945. 

Mr. Nabokov did other significant 
work on butterflies, but Dr. Johnson 
maintains that his ultimate place in 
science will largely depend on that 
study. By outlining foe taxonomy of 
the Latin American blues, a large and 
complicated group that was little 
known at the time. Dr. Johnson said. 


“Nabokov inevitably put his mark on - 
that branch of entomology forever." 

Dissecting a relatively small 
sampling of 120 specimens, Mr. 
Nabokov aimed primarily to divide *i 
foe Latin American Polyommatini in- 
to jenera, establishing a skeletal clas- ? 
srfication for diem. 

This approach to classification is r. 
called a “synoptic review," or ab- h 
breviated study, as opposed to the ;i 
authors’ more rigorous full technical z 
“revision." Synoptic reviewsare per- i 
fectly acceptable science. Dr. Johnson 
said, but susceptible to sampling er- •; 
ror; when a larger percentage of the 
entire group can be examined, its tax- ( 
onomy, and the appropriate nomen- i 
clature, may appear veiy different .1 

But Mr. Nabokov, increasingly de- :: 
voted to his writing, did not pursue foe zi 
work he had begum Nor, foe. authors V 
say, did anyone else. Until 1993, when • 
their articles began to appear, , along 
with work by other researchers, there 
was little scientific literature affecting 
the status of Mr. Nabokov’s names. 

With a flood of new specimens from 
biodiversity surveys in Central and * 
South America, Dr. Johnson and Dr. 
Balint guess that up to 95 percent of foe 
species of blue butterflies of foe New < 
World tropics can now be classified, 
making possible a well-informed judg- 
ment of Mr. Nabokov’s achievement 

Mr. Nabokov named seven new ^ 
genera of Latin American blues and ; 
restricted two genera that had been 
established previously; be named a 
new species and grouped 28 others 
into his new genera. Examining nearly 
2.000 specimens. Dr. Johnson and Dr. . 
Balint have recognized three addition- 
al genera, none of whose members Mr. 
Nabokov ever saw, and have them- 
selves discovered more than two-; 
dozen species to add to Mr. : 
Nabokovas classification. Of Mr. :• 
Nabokov’s seven generic names. Dr. 
Johnson and Dr. Balint consider five 
still valid today, a success rate they say 
is excellent, given the circumstances 
under which Mr. Nabokov worked. 


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BUSINESS/FINANCE 


THURSDAY, MAY 29, 1997 



OECD Takes 
A First Step 
In the Battle 
Over Bribery 


\ By Bany James 

International Herald Tribune 
P- 

PARIS — In agreeing to outlaw cer- 
tain forms of business briberv. the 
i world’s leading industrial nations have 
•jtaken a step toward putting some flesh 
.on what until now has been a skeleton of 
pious hopes. 

The measure adopted by ministers 
/meeting here aims to make it illegal, as it 
ffcts been in the United States since 1977. 
to bribe foreign public officials to obtain 
or maintain a contract. 

-- “It takes care of the supply side." 
taaid a senior U.S. official. "It does not 
deal with the demand side." In other 
•.words, now comes the hard pan: How 
jdo you actually get officials to stop 
✓.seeking to line their pockets? 

!i. Nevertheless, "it is a major break- 
ythrough," said Jeremy Pope, managing 
.director of Transparency International, 
-a Berlin-based organization that cam- 
paigns against business corruption. 
"We are delighted." 

The agreement to have a convention 
ffeady for ratification by the end of the 
| year was adopted by the 29-nation Or- 
jganization for Economic Cooperation 
{ and Development. 

| France and Germany have long 
sought such a convention, arguing that 
unless everyone was bound by the same 
sets ofrules, countries would cheaL The 
United States feared that negotiating a 
convention would be an invitation to 
foot-dragging. They agreed on a com- 
promise over the weekend aimed at en- 
{ suring that the convention goes into 

“} effect by the end of next year. 

j The measure does oot prevent compa- 

■ nies from bribing other companies, but it 
jdoes go to what experts consider the 
{heart of the matter — attempting to 
i criminalize corrupt payments to any ap- 
! pointed or elected public official, 
whether he works for a government or 

1 an international organization. 

| It also urges countries that have not 

• yet done so — notably Ranee and Ger- 
! many — to forbid companies from de- 
J ducting such bribes from their taxable 
j incomes, OECD officials said the prob- 
} lem.of the bribes was something for the 
{ World: Trade > Organization to 1 deal 
iwithr • '■ u ^ , ! 

• David Aaron, U.S. ambassador to die 
j OECD, said there would be two excuses 
I that companies would not be allowed to 
|make once the convention had been 

■ adopted: "It wasn’t a Jot of money," 
.'and "Everyone does it." 

J But officials acknowledged that it 
■would be difficult to put a stop to an 
; almost universal culture of "dash,” 
•"baksheesh" and "commissions.” 

• The problem is not confined to cor- 
•rupt regimes in developing countries. A 
■poll of members of the previous House 

■ of Commons in Britain indicated that 
;half of the of members of Parliament — 
■more than 300 — thought it was quite all 
Iright to accept bottles of whiskey as 
; gifts at Christinas. Others said it was all 

-vi right to accept free vacation trips, tickets 
for sporting events or gifts in connection 
J with parliamentary duties. 

\ No one admits to enjoying paying die 
| bribes, but countries say they have to do 
•it because their rivals do; and there is a 
’tendency to point the finger at others 
'while minimizing the importance of die 
[problem at home. 

} Even the U3. secretary of commerce, 

J William Daley, professed ignorance 
•when a reporter asked him to comment 
[on allegations that agents for Interna- 
tional Business Machines Carp, had 
$iid $37 million in bribes to win a 
contract at the Argentine national bank 
— allegations that bad been headline 
news in South America for months. 
EBM last year dismissed its top Ar- 
gentine executives for what it called 


DONNA KARAN 


1996 SALES 


S61 2 million 


Ratio of expenses 
to sales growth, 
1996 over 1995 


"_Z Profit 
over 1995 




V 


RALPH LAUREN $1.1 bn Don 


TOMMY HtLRGER $478 million 

iiijiSST: 


GUCCI 


LIZ CLAIBORNE 


$870 million 


$22 billion 




10 . 8 % 


Source: NYT 


Qirntophcr Vutnr 

Shareholders and analysts agree that Donna Karan, the chief executive of the company that bears her name, needs to learn to control costs. 

Can Donna Karan’s Scissors Cut Costs Too? 


By Jennifer Steinhauer 

Nrte York Times Sen kc 


N EW YORK — No one seems 
to agree on the exact line in 
the budget where the prin- 
cipals of Donna Karan In- 
ternational Inc. will wield the knife. 
Perhaps it will be the trips to Africa and 
the Far East in search of design-in- 
spiring objets cCan. Or the victim 
could be a few thousand yards of im- 
ported cashmere. 

But there are some things on which 
Wall Street analysts, fashion denizens 
and angry investors concur Donna 
Karan, the chief executive of the com- 
pany that bears her name, spends too 
much money, and her spending has. 
cost investors their shirts. 

The fashion house is expected to 
announce a major cost-cutting initi- 
ative aimed at getting back on track, 
now that the initial public offering last 
June of Donna Karan International is 
turning out. to be one of die most em- 
^banassing re tail de als. of the p ast. yea r. 

As the : stock, of Polo/^Slph’Cauren 
prepares io trade; die fashion houses of 
Calvin Klein and Versace contemplate 
going public and Tommy Hilfiger and 
Gucci enjoy fax profits, it is achingly 
clear that fashion companies are not 
inherently bad investments. 


But Donna Karan’s is a company 
whose operational savvy has never 
lived up to its creativity. Indeed, Donna 
Karan International has stumbled into 
nearly all of fashion’s pitfalls. 

First is the spending. The company’s 
costs are growing much faster than its 
sales, a problem that has dogged it for 
years. According to a dozen people 
with knowledge of her business, Ms. 
Karan, who declined to be interviewed, 
pushes expansion with little regard for 
the capital and infrastructure needed to 

INTERNATIONAL MANAGER 

support it and spends prodigiously on a 
high-end line with limited sales appeal. 

Critics say the company suffers 
from a distinct lack of administrative 
control. Stephen Ruzow. the chief op- 
erating officer, has been unable to rein 
in his boss’s spending; Wall Street has 
grumbled for months that no one ap- 
pears to be managing the bottom Line. 

Further, critics have questioned the 
role - played at the company by Ms. 
Karan & ; husband. ■ Stephan Weiss, a; 
part-time deputy 1 chainnan whom the 
company declined to make available 
for comment People close to the com- 
pany said his handball negotiating style 
left Donna Karan International without 
a crucial licensing deal this year, strip- 


ping the company of cash it had coun- 
ted on to grow. 

Last quarter, Donna Karan Interna- 
tional's revenue slipped to S158.7 mil- 
lion from $159.5 milli on a year earlier, 
while the company’s costs grew 6 per- 
cent Operating income fell moreihfln95 
percent to $482,000 from $13.4 million. 
The stock, which closed at $28 on its first 
day of trading last Jane 28, closed un- 
changed Wednesday at $11,125. 

This month, Ms. Karan’s chief ad- 
ministrative officer, Dewey Shay, left 
without explanation after only five 
months on the job; the planned sale of 
die cosmetics and fragrance division, 
another potential source ofbadly needed 
cash, has been delayed as the c ompany 
negotiated with four potential buyers. 

Costs have been a thorny issue for 
Ms. Karan’s company for years — and 
for years she has promised to cut them. 
But in the first months of this year, 
while sales were falling or flat in its 
apparel divisions, the company added 
staff, increased travel and opened new 
outlet stores. 

Several people said that Mr. Ruzow, 
a former executive ofWarnaco Inc. who 
many say shares the credit for Donna 
Karan International’s past achieve- 
ments, had told Ms. Karan to cool the 
traveling and other expenditures. 

“Steve says, ’You’re not sending 32 


people to Europe to look for fabric,’ 
and she says, 4 well, 1 am,’ and he loses 
face with die troops," a person close to 
the company said. 

Mr. Ruzow, however, said die mo- 
ment of truth was finally here. 

"That will not be happening 
again," he said in a telephone inter- 
view. “I can’t say it more firmly. 
There will not be a dollar spent that is 
not in that budget." 

But this is not the first time the 
company has pledged to cut costs. In 
1994. the company, then privately 
held, laid off 3 percent of its work 
force, made small trims in each di- 
vision's budgets and promised to chop 
advertising budgets. But when Ms. 
Karan put her min d to a new outiay, 
promises were broken. 

Part of the problem for Drama Karan 
International, as with other fashion 
companies, is that creativity is hard to 

manag e. 

"It is difficult for an outsider to say. 
’Gee. that’s unnecessary,’ ” said M. 
William Benedetto, a Domra Karan 
board member and chairman of Bene- 
detto, Gartland & Greene, an invest- 
ment advisory firm that serves as a paid 
consultant to the company. "Going off 
to collect objets d’art may be a modest 

See KARAN, Page 15 


French Stocks Plunge on Reports of a Lead for Left 


ConpStd br Our Suf Firm Dupatcha 

PARIS — French stocks plunged for 
the second time in three days on Wed- 
nesday on reports that private polls 
showed the opposition Socialists likely 
to win the second round of the legis- 
lative elections on Sunday. 

The benchmark CAC-40 share index 
closed down 3.63 percent, or 97.17 
points lower, at 2^83.17. 

The drop was less pronounced than 
the 3.9 percent fall on Monday, which 
was the biggest one-day fall in four 
years, and followed a 0.96 percent gain 
on Tuesday. Monday’s fall was the 
biggest drop in four years. 


The franc slipped to below akey level 
of 3.38 per Deutsche mark and the Bank 
of France said it had no comment on 
rumors it was defending die currency. 
(Page 12) 

Traders said private polls showed the 


ton went as far as forecasting a Socialist 
victory, warning investors that French 
stocks could decline by 10 to 12 percent 
over the three weeks after the elections. 

Under French law, it is illegal for 
opinion polls to be published one week 
before the election. That does not pre- 
clude polling organizations from con- 


ducting polls for private customers or 
publishing them outside of France. 

News of die opinion surveys sparked 
a wave of sales by British investors, 
traders said. Investors are worried that a 
left-of-center government, with strong 
ties to trade unions, might block efforts 
to implement the layoffs and other 
work-force reforms deemed necessary 
to increase corporate competitiveness. 

The Socialist program, "even 
watered down, would be negative for 
corporate profits," said Eric Chaney, 
senior economist at Morgan Stanley in 
Paris. 

"The momentum in Paris is very 


negative,” said Frederic Sauvegrain, a 
European equity trader with CSFB in 
London. 

"Everything that’s labor-intensive is 
getting hiL All the companies in need of 
restructuring are bound to suffer from a 
Socialist win.” 

Banks, such as Banque National e de 
Paris SA, and carmakers, such as 
Renault SA, led the decline. 

Renault. 46 percent owned by the 
French state, fell 1 1.40 francs to 133.10 
($23.17). Investors fear that a Socialist 
victory could keep the carmaker from 
making the job cuts needed to return to 
profit. ( Bloomberg , Reuters ) 


Intel Answers Digital Suit by Filing One of Its Own 


PAGE 11 


LVMHAims 
To Derail 
Big Merger 

Luxury-Goods Maker 
To Use Guinness Option 

OmpMfy Our tug From Daparbn 

PARIS — LVMH Moei Hennessy 
Louis Vuitton S A moved Wednesday to 
block the planned merger of Guinness 
PLC and Grand Metropolitan PLC in a 
tactic that analysts said was certain to 
delay if not derail the $20 billion deal. 

LVMH said it was exercising an op- 
tion to buy distribution rights for most 
Guinness products in the United States, 
France and Asia for at least 10 years, 
calling into question the benefits of the 
Guinness -GrandMet merger. 

But Guinness and GrandMet said 
LVMH could not legally exercise its 
option, and Guinness reiterated its con- 
fidence that the merger would go 
ahead. 

The move by the chief executive of 
LVMH, Bernard Arnault, followed his 
opposition to the deal as a member of the 
Guinness board — a position he would 
lose if the merger came about. Mr. 
Arnault wanted to combine the drinks 
businesses of the three companies. 

Analysts said that the prospect of a 
long legal battle was now casting a 
shadow over the proposed merger. 

"Arnault is doing this to try and 
maximize value for his own sharehold- 
ers," said Nick Lyali of Societe Gen- 
erate Strauss Turnbull. "Whether it is 
judicially correct remains to be seen. 
What is clear is tbat we appear to be 
entering into a complex legal battle." 

Edouard de Boisgelin of Merrill 
Lynch said, "I’m not sure whether this 
will block foe merger of Guinness and 
GrandMet, but it could slow it down." 

LVMH owns 14.2 percent of Guin- 
ness, having cut its share by one-third 
earlier this year. After Guinness's mer- 
ger with Grand Met, LVMH’s stake in 
foe new company would be 6.6 percent 

Shares of all three companies fell. 
Guinness shares fell 2.4 percent, to 
58 1 5 pence ($9.48) and GrandMet fell 
2J> percent, to 581.5 pence. LVMH 
shares declined 1.3 percent to 1395 
French francs ($242.60). 

LVMH said it would also move to 
buy back, at a discount of no more titan 
[^percent. Guinness’s 34 percent stake 
in foe champagne and cognac company 
Moet Hennessy. LVMH owns 66 per- 
cent of Moet Hennessy. 

Guinness and LVMH’s 50-50 joint 
distribution ventures include Schieffe- 
lin & Somerset in foe United Stales, 
which markets Guinness’s Johnnie 
Walker and Dewar’s scotches. Tan- 
queray gin and LVMH’s Moet & Chan- 
don champagne and Hennessy cognac. 
Guinness also has its own U.S. dis- 
tribution unit, which markets Gordon's 
gins and vodkas and Scoresby and John 
Begg scotches. 

GrandMet owns Smirnoff vodka, 
J&B scotch, the Burger King restaurant 
chain and Pillsbuty Co. 

A spokeswoman for LVMH said that 
as part of its original agreement with 
Guinness, disputes would be arbitrated 
by the International Chamber of Com- 
merce in Paris. So far neither side has 
called for arbitration. Any legal de- 
cision surrounding the move would fall 
under french jurisdiction, she said. ■ 

It will be up to Guinness to bring the 
case before the French courts if it wants 
to stop the buyback, the LVMH spokes- 
woman said. ( Bloomberg , AFX) 


mm ■ 


&u as someone with a soft touch for 
Money. Once you establish yourself as a 
fcash cow, someone will come with a 
bucket. And if you train sales staff to lie. 
Cheat and han dle money off foe books, 
flpn’t be surprised if they use the same 
0ethods against you.” 


Cm^dtdhyOirSnffFranlU^iMelra 

SANTA CLARA, California — Intel Corp. 
sued Digital Equipment Corp. on Wednesday 
for breach of contract and raised the possibtiity 
that the chipmaker may stop sales to Digital, 
two weeks after Digital accused Intel of patent 
infringement. 

Intel sued for the return of documents and 
materials regarding Intel's Pentium chip and 
related technology that is used to build personal 
computers. In ml also asked Digital to clarify 
statements by top executives about a long- 
standing "supply agreement " Intel said no 


such agreement existed other than the standard 
purchase orders from DigitaL 

“We owe it to our shareholders to make sure 
that a company making claims against us 
doesn't have access to our most confidential 
information," an Intel spokesman said. 

The suit seeks only the return of the property 
and does not involve a claim for financial 
damages. 

Intel stands to lose little because Digital is not 
a huge customer and other computer makers 
will gladly buy the excess processors, analysts 
said. Executives of Digital were not available 


for comment. When Digital sued Intel, it said 
that foe chipmaker used technology in 10 Di- 
gital patents in its Pentium Pro and Pentium II 
processors. 

Intel sells about $250 million of products to 
Digital each year and buys about $40 million 
from the computer maker. Intel-based PCs rep- 
resented 26 percent of Digital’s product rev- 
enue in its latest financial year. 

Digital’s stock closed at $35,875 on the New 
York Stock Exchange. Intel's shares ended 
$1 .9325 lower at $167375 on foe Nasdaq stock 


A LITTLE SOMETHING 
FOR YOUR GREAT 
GREAT GRANDSON 


$1.9325 lower at $1( 
market 


1375 on foe Nasdaq stock 
(Bloomberg. AFX) 


CURRENCY & INTEREST RATES 


m 



Cross Rates 



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Source Antes 


Camel Ads Under Fire 

US. Agency Says They Target Children 

The Associat e d Pros 

WASHINGTON — The Federal Trade Commission on 
Wednesday charged RJ. Reynolds Tobacco Co. with unfair 
advertising practices, alleging tbat its Joe Camel campaign 
was aimed at children. 

The accusation against foe second-largest U-S. cigarette 
maker comes after investigators uncovered new information 
that was oot available when the commission initially ex- 
onerated Joe Camel three years ago. 

Officials would not provide details of the commission’s 
vote, nor did RJR comment immediately. The company has 
continued to defend Joe Camel, the cartoon character in dark 
sunglasses who lounges on billboards and in magazine ads, 
throughout foe controversial campaign. 

In 1994, commissioners voted, 3 to 2, not to sue RJR over 
foe Camel campaign, but die commission’s staff reopened the 
investigation last summer after a bipartisan petition was 
drawn up by 67 members of foe U.S. House of Repre- 
sentatives. 

Joe Camel was a focus of the Food and Drug Admin- 
istration’s own tobacco investigation, which culminated in the 
agency’s taking steps to curtail sales of tobacco to minors. 

The Food and Drug Administration had passed documents 
to the commission, which regulates advertising, including 
government statistics showing that the Camel brand’s share of 
foe youth market jumped substantially after the popular ad 
campaign began. 


The Corum Gold Coin Watch. An 
authentic $20 U.S. gold piece, first min- 
ted more than 100 years ago, is halved 
and an ultra-flat mfchanirai or quartz 
movement Is cushioned inside. Heralded 
as one of the world’s great timepieces, it 
is prized as an heirloom to be passed on 
from generation to generation. 







Maftres Artisans d’Horlogerie 

SUISSE 

For Information wtIic to Comm. 2301 La Oi^-<k-Poads,Swllzerfa^Hl 




PAGE 12 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 

THE AMERICAS 



Investor’s America 


The Dow 


: 7Z50 - 


6750 



UVSE-. " 7 * 




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'S* 0 i 


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Source: Eacomberg, Reuters 


JwsmaiionaJ Herald Tribune 


Very briefly: 


Owens-Corning to Buy Fibreboard 

DALLAS CAP) — The building-materials maker Owens 
Coming said Wednesday it had agreed to acquire Fibreboard 
Corp., a maker of vinyl siding, for about $600 million. 

The deal would be Owens Coming’s 16th acquisition in 
three years and the largest to date. 

Owens Coming sakfthe purchase would strengthen its line 
of building materials while providing Fibreboard with the 
resources for continued growth. Fibreboard shares rose 
56.8 125 to close at $54.3 1 25, while Owens Coming was up 50 
cents at $41,625. 

• Charles Schwab Corp.’s shares rose after the stock was 
selected to become part of the Standard & Poor's 500 Index as 
of the close of trading Friday. Schwab closed $2,875 higher at 
$38.75. 

• A sexual-harassment lawsuit filed by three former em- 
ployees of Astra USA hie. was dismissed by a judge in 
Massachusetts, die Boston Globe said, because the three had 
failed to file a complaint with the state's anti-discrimination 
panel within 180 days of the alleged incidents. 

• U.S. Office Products bought Childcraft Education Inc, a 
maker of educational toys and children's furniture, from 
Disney Enterprises Inc 

• Florida’s pension board, which manages $65 billion in 
assets, voted to sell the state's $824 million in tobacco shares, 
making it die largest public fund to decide to get rid of 
holdings in tobacco companies. 

• Bank of New York Co. agreed to buy the institutional and 
custody businesses of Wells Fargo & Co. Terms were not 
disclosed. 

• Volkswagen AG plans to spend $250 million to expand one 

of its plants in Argentina, the newspaper El Cronista reported 
in Buenos Aires. The investment is expected to enable VW to 
produce transmissions for the revamped Beetle model that 
will be produced in Mexico. Bloomberg, wp 


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IN THE LIFE 

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DAVE BARRY 

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Plus Daily 

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OPINION AND COMMENTARY 
THE ARTS 

THE PEOPLE COLUMN 
FILM 

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THE NEW YORK TIMES 
CROSSWORD 

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A LIVELY ARRAY OF COMICS 

PRIZE WINNING REPORTERS 

* 

Don’t miss out Make sure you get 
your copy of the IHT every day. 



TfflF. ’WORLD’S DAJIY NEWSPAPER 


Trouble Ahead for AT&T-SBC 

Regulatory and Legal Barriers ‘Like Putting a Man on Moon’ 


By Leslie Helm and Greg Miller 

Los Angela Times Service 

As executives from the telecommunications giants 
AT&T Corp. and SBC Communications Corp. pro- 
. ceed with merger talks, the dark 
clouds looming over the dis- 
cussions are the costly and per- 
haps insurmountable legal and 
regulatory obstacles any deal 
would face, leading antitrust 
and telecommunications spe- 
cialists say. 

‘’ft's like putting a man on the moon, "said David 
Roddy, chief telecommunications economist at De- 
loitte & Toucbe and a former member of the Justice 
Department’s antitrust division. “It can be done, but 
it won’t be easy. It will take a long time, and it’s a 
dangerous mission. ’ ’ 

A deal between America's biggest long-distance 
company and its biggest provider of local phone 
service would face the scrutiny of the Justice De- 
partment, Federal Communications Commission, 
Federal Trade Commission, public utilities com- 
missioas, state attorneys general and Congress. Any 
of those entities could kill the deal. 

Under the Telecommunications Act of ] 996, which 
overhauled U.S. telephone laws with the intention of 
increasing market competition, SBC would be re- 
quired to show there would still be adequate com- 
petition before it would be allowed to enter the long- 


Any merger effort 4 will 
take a long time, and it’s 
a dangerous mission. ’ 


distance market or merge with AT&T. SBC 4 *is still a 
monopoly, and they are supposed to stay out of die 
long-distance business until they've solved the local- 
monopoly problem, "said William Baxter, a Stanford 
University professor who led the original effort to 
break up AT&T as head of the 
antitrust division under Pres- 
ident Ronald Reagan. “This is 
Ma Bell all over again." 

The Justice Department re- 
cently approved two deals that 

consolidated the local phone 

companies known as the Baby 
Bells. SBC completed its acquisition of Pacific 
Telesis Group on April 1, and Bell Atlantic Corp.’s 
$23 billion purchase of Nynex Corp. is pending. 

An AT&T-SBC merger, however, would have far 
higher hurdles to clear. 

This month, the Justice Department refused to 
allow SBC to provide long-distance service to its own 
customers in Oklahoma because it had failed to 
demonstrate there would be competition. 

AT&T's decision to merge with SBC may suggest 
that establishing competition in local markets is more 
difficult than reformers had hoped. 

“It sounds like AT&T has concluded that the only 
way they can compete at the local level is to buy the 
local monopoly." said Stephen Messer, a research 
fellow at the Columbia Institute for Tele-Information 
in New York. “If AT&T can’t compete, how can 
anyone else compete?” 


Wall Street Tumbles 

On High Bond Yields 


NEW YORK — Stocks fell 
Wednesday, led by dreg and bever- 
age companies, as bond yields 
above 7 percent lured some in- 
vestors away from equities. 

“The relative value of stocks to 
bonds is so much in favor of bonds 
that you have to bite," said Robert 
S treed, a money manager at North- 
era Investment Counselors. 

The Dow Jones industrial average 
closed 26.18 points lower at 
7,357.23. On Tuesday, the Dow set 
a record at 7,383.42. In the broad 
market, the Standard & Poor’s 500- 
stock index fell 2.50 points to 
847.21. The Nasdaq composite in- 
dex gained 0.97 point to 1410.18. 

The yield on die benchmark 30- 
year Treasury bond rose 1 basis 
point to 7.03 percent, with the price 
at 95 even, down 2/32. 

Interest raxes were little changed 
in bond trading despite news that 
orders to U.S. factories for durable 
goods rose 1.4 percent in April, ex- 
ceeding forecasts. The data ran 
counter to other recent signs that 
economy may be slowing enough to 
keep inflati on under control without 
a rise in U.S. interest rates. Fed action 


“is going to be dependent on wig 
kind of iffifonnation comes out in the 
next few weeks,” Robert Alley of 
AIM Advisors said. . ? 

Drug and beverage companies 
were mt hardest as the long bond s 
.yield stayed above ? 

US. STOCKS 

percent for a second day. Merck,. a 
drug company, fell VA to 9- A, anq 
Coca-Cola fell 1 'A to 67&, Z " 

DuPont dropped 2’A to 109V= 
after Merrill Lynch cut its invest; 
ment rating on the chemicals com- 
pany, citing lackluster European de- 
mand and a possible U.S. economic 
slowdown that would cut demand-* 
Nike climbed 3% to 64 amid lift; 
confirmed reports that Berkshire 
Hathaway’s Warren Buffett was acf 
quiring the shares. Geico, an insur- 
ance company owned by Berkshire 
Hathaway, bolds Nike shares. 

Networking stocks rose as irtj: 
vestors gained confidence that s&Ttffl 
growth of computer networking 
equipment is likely to resume. 
3Com stock led the rally, rising 4jJ 
to 5114. Cisco Systems gained 5/to 
to 69 i/I 6. ( Bloomberg . APJ 


?r (rt,i: i 

m i 

0 J 

,|K rt ‘* * j 

y * • ! 


tttid tt 1 l T'l* ti yt „ i GOU)l Kohl Defies the Bundesbank 

Hr h Holds r irm r ocus on Growth from Pane. 1 revaluation this vear. The statem 


New York Times Service 

NEW YORK — Ever since he 
founded Hospitality Franchise Sys- 
tems Inc. in 1990 by buying the 
Howard Johnson restaurant fran- 
chise and the domestic Ramada Inn 
system, Henry Silverman has been 


unrelenting in the pursuit of two 
goals: acquiring new franchises and 
driving the stock price higher. 

He has so. for been remarkably 
successful on both counts. By agree- 
ing to merge his company, now 
HFS Inc- with CUC Inter- 


national Inc., HFS has made a bold 
move to ensure that it will continue 
to do so for the foreseeable future, 
analysts said. 

HFS announced Tuesday it 
would merge with CUC in a stock 
swap valued at $11 billion. 


Dollar Slips on Talk of an EMU Delay 


CanpUailrj OwSrrfPnm Digpaxhes 

NEW YORK — The dollar 
slipped Wednesday amid specula- 
tion about a delay in European mon- 
etary union and talk of higher Jap- 
anese interest rates. 

• Foreign-exchange markets were 
also affected by political uncer- 
tainty in France and a spat between 
the Bundesbank and die German 
government over gold assets. 

The French franc was brought 
down against the mark by rumors 
that opinion polls had shown the left 
likely to win the final round of the 
parliamentary election in France-on 
Sunday. Dealers said the French and 
Spanish central banks had inter- 


vened to support the franc. In Paris 
trading, the Deutsche mark rose to 
3.3776 francs from 33767. 

Meanwhile, the Bundesbank is- 
sued a statement condemning a plan 
by Finance Minister Theo Waigel to 

FOREIGN EXCHANGE^ ^ 

revalue gold reserves as a means of 
reducing debt in die national ac- 
counts to qualify for the launch of a 
European monetary union. 

“The Bundesbank realizes that 
the market is not going to accept a 
fudging of die EMU criteria, and 
there's been a move back into 
Deutsche marks,” Henry Wilkes of 


Bank Julius Baer in London said. 
4 ‘ If EMU gets delayed, you’re going 
to see a situation where the mark 
gets stronger again.” 

At 4 PM., the dollar was at 1 .6955 
DM, off from 1.7055 DM on Tues- 
day and 115.865 yen from 116.670 
yen. Yasuo Matsushita, the governor 
of the Bank of Japan, said the bank 
would maintain its policy of low in- 
terest rates but that the rise in Jap- 
anese bonds and stocks and toe yen 
reflected the market's changing view 
of Japan. The dollar fell to 5.7295 
French francs from 5.7595 francs and 
to 1.4110 Swiss francs from 1.4204 
francs. The pound rose to $1.6390 
from $1.631 1. ( Bloomberg . AFP) 


Continued from Page 1 

increasingly serious plight in 
making ends meet, thus complic- 
ating its hopes for leading toe cre- 
ation of a single European cur- 
rency. 

Although it boasts the most im- 
portant economy and strongest cur- 
rency in Europe, Germany is now in 
the embarrassing position of not be- 
ing able to meet the stringent stan- 
dards it insisted that all participants 
in the euro meet 

In its strongly wordedstatemeni, 
the Bundesbank said: ‘ ’With a payout 
in toe year 1997, the reference year 
for toe choice of participating nations 
in monetary union, die danger exists 
of a loss in trust in the stability of the 
future European currency.” 

The bank also disputed the Bonn 
government's argument that tapping 
hidden reserves through such a gold 
revaluation would count toward a 
lower deficit under the rules of the 
treaty on European union. 

Undaunted by criticisms from die 
Bundesbank and from French So- 
cialist leaders, a phalanx of Bonn's 
leaders, including Chancellor Kohl, 
issued a statement late Wednesday 
in which', they promised to . seek a 


revaluation this year. The statement, 
also signed by Mr. Waigel and tnj: 
government’s parliamentary leader) 
Wolfgang Schaeuble, said such' a 
move “made sense” and was “re; 
sponsible.” ^ 

“We want to uphold the standing 
and independence of the Bunde^ 
bank,” Mr. Waigel said in an ire 
terview. “It makes sense to do this 
in 1997. What makes sense in 1999 
cannot be wrong in 1997." 

In the past, the government hag 

t one out of its way to appease the 
nodes bank, an institution influen- 
tial enough to set interest rate bench* 
marks for the entire Continent, ,-y 
In the interview, Mr. Waigel also 
countered remarks by Mr. Jospin." 

“We learn that the German min- 
ister of finance is planning to re- 
value the country's gold reserves 
differently to make it easier to meet 
the Maastricht criteria, ’* the French 
Socialist said. ‘ ‘Our German 
friends, who are so rigorous aboiu 
their criteria, are looking to see If 
they cannot fudge things." 

Mr. Waigel replied: “If Me 
Jospin said that, then I can put Ws 
mind at rest We are not engaging ifi 
any tricks. And we will stick to tBe 
rules.” . v .• 


- •• ■*+ 

■ ‘ -?e- 

... 

• . V "■ 


-■> ■ ■ 
\v+* 


ar 


MV 




. •• 


.Xi *■ 


ST 


i ' ' 

*"*■» n,. 


V Tt' 
•'M 




•■V* 


••■'-10+ 

» --V, 

'. 41 

• V .7 i 


U. S. STOCK MARKET DIARY 


INTERNATIONAL FUTURES 


Indexes 
Dow Jones 

re: £& 

im — 

Camp 


Most Actives 


NYSE 

new* 


May 28, 1997 

Kfeti Low inter Cnge Optnt ORANGE JUKE DON) 


High Low Lntat Chge Optra 


J19JB 
2285J9 : 




vaL 

131 


8*3? n«k ami w 


Standard & Poors 


temr 
4 ML 

Industrials 1007.75 99375100646100158 


Tramp. 

ufflBta 

Finance 

SP500 

5P1Q0 


NYSE 


62174 615J6 41840 61130 
19142 189.96 19177 19172 
9408 93-20 9X35 9X38 

851.53 84076 84971 84771 
837.62 826-34 83559 83170 


NkeBs 

&r* s 


Nasdaq 


3041 Sv. 
1739* IN* 
7X32 C++ 


*51 « 
43*14 

Sot 

35152 


re. 


23 

m ___ 

amt n 

3M 37 
IMS 19* 
41ft 43U 
43fe 43ft 
«w tm 

4» 44ft 
43ft *** 

S 2$ 

ilKAR 


■ft 

4ft 

-ft 

43ft 

+l«r 
-4ft 
43 
4.1* 
+ 1* 

O 



AMEX 

60053 59077 SHOTS 

Dow Jones Bond 


10200 — cun 

9B08 +0iJ7 

10502 — 0.10 


54ft 5*V» Hft 
7ft Bft +ft 

% 

Wi 30VW *V» 

6ft s2 +ft 
Oft gift ,v, 
lft Ift -V, 
37 38ft 4jte 


Trading Activity 
NYSE 


Nasdaq 


unchanged 
TaUhaacs 
New Highs 
New Lows 


1147 Advanced 
1305 DeCSnM 

3374 V33E5S 
« ESI 


10 


1577 2113 

I52B 1W 

2713 1577 

5333 5720 

n in 

71 73 


Market Sales 



21 

205 

170 


New Lwn 


% 

10 


Dividends 

canpany Par Ant Rec Pay 

IRREGULAR 

Binflngtn Res Coal -.1608 >2 6-13 


Grains 

CORN (C80T) 

5400 bu mkttnum- cxifte per tnaM 
JulW 269ft 26* 269ft *516 119^)9 

Sep 97 258 253ft 257ft +3ft 30,178 

Dec 97 255ft 252ft 255ft +3ft H«79 

Morn Wft 258 261ft *3 >£433 

Mar 98 265 262ft 265 *3 1729 

JUI9B 269 246 269 +3ft 37*0 

Dec 98 257 25*ft 256* +1K 3724 

Est-stdes NA Toe^. sales 69,100 
Toe’s open kd 28UB5 ofl 341 

SOYBEAN MEAL (CBOT) 

100 Ians- donors oor ton 

Jul 97 MOJO 27660 18070 +U0 49.157 

Aug 97 261.90 25770 21140 +270 154112 

5BP97 74X20 23870 241-50 +270 9,972 

Oct 77 227 JO 224.10 227 -SO +2-50 10481 

Dec 77 219.50 21570 21960 +260 20.237 

Jen 98 21400 Z12.00 21X50 +-JJ0 11 01 

EsLsote NA niCs.sate 31.928 
TuCsapenH 110335 aB 696 

SOYBEAN 08. <CB0rT) 

40JM0 an- carts por lb 

Jul 97 Wtt ZL» BST *0M S0.534 

AUQ97 2417 2160 2414 +066 14713 

Sep 97 2430 2175 207 +OM 9 JOT 

Oct 97 2425 2X75 2425 +041 8.944 

Dec 97 2450 23JS 2445 + 06* 18^34 
JOT9B 2465 2415 3465 +8® U9Q 

Est. soles KA Tub's, soles 14900 
Tift’s open W 1BW15 up 5*8 

SOYBEANS (CBOn 

5JW bu mmimiim- cents per busM 
Jut 97 851 830ft 849ft +Uft 907*8 

Aug 97 807 788 806 +15Va 24016 

5SP97 717 705 713 +7Vi 081* 

NOT 97 475 443 «9U -ift 51,122 

Jin 98 476ft 467ft 04 +SV, 4058 

Est. softs NA Tub’s, sides 87456 
Tift’s ooentrd I83J7* off 359 

WHEAT 1CBOT) 

4000 buitiMmm- cents kt dusim 
J ul 97 368 357 3*7 +3ft 47J104 

Sep 97 375 365 373ft tlft 144*1 

Dec 97 387 377 J8*ft +116 174*7 

Uar9B 389 379ft 387 +1 1404 

Est. sates NA Tub's, sate 26.192 
Tug’s open ini 81.1*8 o*f *14 


Livestock 

CATTLE (CMSU 
4UOO lbs.- cants PW to. 

Jun97 6557 645? 6540 +050 20533 

Aug 97 6540 6480 6542 +015 41JW 

OCT 97 iflje 6847 &a4I >015 18.902 

DSC 97 7JJ5 70J9S 71 JP Jail? 

Feb 98 7145 71 JS 71J7 -020 5JB9 

Aor98 7X22 7100 7X0S -025 2JMS 

ESI. salt s I6.ru Ti ft's, late U.922 
Tub’s men kit 1D2J77 up 923 


15000 Bu-- cents per fe 



Jutto 8020 

7105 

7805 

-1J0 

1WD2. 

Septo 8205 

8001 

BOJO 

-T0U 

7070 

NOT 97 8100 

JOJO 

BUD 

—105 

T9M 

Jon98 8705 

B6JJU 

sun 

—105 

1J» 

EsLBteS NA 

Toe's, sdes 

2000 


Tot's open taf 

off 

29710 




Metals 

GOUXMCMX) 

HO truv acr dcfkm par travuz. 

MOV 97 3*5X0 *000 1 

AX197 34X80 34110 3(531 +060 32458 

Jul 97 346.(0 +IL5D 

Aug 97 3*U0 34150 3*740 +050 45.052 

00 97 3SL70 3*040 35030 +050 74874 

Dec 97 3 SU0 311.10 35X00 *0/0 24917 

Feb 90 3S5J0 35*30 355JB +0J0 4612 

APT98 +030 X833 

Am 98 361-SI 359-00 311.10 +033 7,010 

EA softs NA Tue’s.sdes 52498 
TIC's mnM 158411 UP 2(02 

HI GRADE COPPBl (NCMX1 
lUnK-ortiterfe. 

May 97 11940 11730 11930 +090 <75 

Am 97 11930 117J0 119 30 +030 3305 

Jul 97 120J8J 1)730 11945 +135 33459 

Aug 97 11630 11530 11535 1429 

Sep 97 115.10 11150 11455 +035 6jOT 

Oct 77 12X25 717J5 17125 *105 7379 

NOT 97 1I0A5 109.90 110A5 1.171 

Dec 97 109X0 183X0 SPJS -005 5.97* 

Jon 98 M7.80 18735 HJ7.05 -115 SOI 

Est. Kites NA Tift's. Site 4.90* 

Tub's open W 594*9 oft 8*5 


High low Latest Chge optm 

GERMAN GOV. BUND (UPFE) 

DNBsaooo-pisonoopct 

Jun 97 1009810043 10031 +005224171 

Sep ?7 9953 9940 99.78 +005 *0495 

D«C 97 NX N.T. 9BJB + 035 

EsL safes: 256371. Prav. sates: 105348 

Prw. openlntu 260166 up 1354 

ITALIAN GOVERNMENT BOND QJFFE) 
1TL200 mifflai -pta of 100 pd 
Jon 97 13032 128-75 129.13 — (L69 80U88 
Sop 97 13032129-30 12947 — 0-65 24,185 
Dec 97 N.T. N.T. 10X03 — 049 
Est. soles: 94336. Pm. sales: 6X18* 

Prev. open lot: 112473 up 1512 
10-YEAR FRENCH GOV. BONOS (MAT1F) 
FFSBMM-MsonoOpd 
Jun 97 12846 12X06 128.16 -028157,180 
Sep 97 127-061263* 12£^0 —028 18^23 
Dec 97 9034 963* 96.02 —028 0 

Est. sate.- 271,749. Open InL: 775383 up 1*. 
EURODOLLARS (CMER) 
si rraaon-ttsu uooa. 

Atn97 94.11 94.16 94.17 433,174 

3497 9*38 9A36 9437 13344 

W.92 -001*71386 
9345 -0JB 363374 
9XH —033 269.961 
9X41 —032 233,3*0 

9331 -003 172371 
9120 -ftffl 124353 
9119 —0.02 98316 
9114 -032 80,1»? 
mo -002 «45S 
93JS -am 61303 


coapray 


Per Ana Rec Pay 


^ortloci Conm 
LUtERoyid 
ScuOderHg 
WPP Group 


b 4961 7-11 8-29 
_ 3265 6S 6-13 
_ SXl 5-27 5-30 
b .2326 6-13 7-21 


STOCK 

Cameo Find . «, 7-11 7-21 

CHtzens U1R AAB -14* 6-2 6-30 

STOCK SPLIT 

CrescwtREEa C s-m - 

cl-iotti of a share of Orscgnt Oper tor each 
shore heM. 

HFBFktd5tar3«>aL 
Home Oe«jl3tor2gjat 
ReBanceSteMAIum 30x2 gp m. 

Stole Bancorp 6 tor S spBL 


INCREASED 

M .1275 6+6 6-20 
' .13 7-10 7-J1 

.11 6-2 6* 
.11 *-13 6-37 
30 630 7-21 
3175 6*12 6-26 
.125 MO 7-1 
J04 64 6-13 
.17 6B 6-15 


REDUCED 

ACM Gy Spectrum M .0*75 64 620 

INITIAL 
h lto roh u noji Rn n 
Latin Am Ca-Aur. 

PWnp MotrisCOjn 

Scan&StmqBIwn 
Slet SocietoFln n 
5totsodetaAn a 


.135 6-» 
.05 5- 30 
.» 6-16 
M 7-1 
.767 6-20 
385 6-20 


FEEDER CATTLE ICMBt) 



5«U*0 Rb. - c«m w te. 




MOV to 


7607 


1082 

97 7172 

7800 

re* s 

— 0*5 

10,943 

sggto 7ajo 

7700 

78.10 

-005 

vm 

Odto 7800 

7/05 

re.12 

-4107 

1269 

Nwto nJS 

7702 

7905 

-437 

1,937 

JOT 98 80.15 

7905 

7905 

—025 

*67 

EP.SdK 1.923 

Tue's. sdes 

2.972 



7-17 . . _ . _ _ 

— Tift's omn ini 1B.9Q7 Ofl 1533 


7-10 

7-15 

7-11 

7-11 


PCAirm 


RESUMED 

- J07 6-11 


HOGS-Lmm ICMBU 

MtLQQO RfL.- ffl idc one* Bt 

A»t 77 80.90 7930 7915 -135 10412 

79-85 79.95 -130 11*78 

nas - 


ItNCMX) 
UB)lrayoL-cMiiowmn>«. 

UmV *7X00 *67.00 *7030 -130 30 

Jun 97 *7030 —1.90 J 

Jul 97 47730 *6500 47100 —1-80 58332 

Sep 97 «t00 47000 *77.90 —130 XS53 

D«tC 97 *89.00 477.50 *85.10 —130 7311 

Jon 90 *8730 — 130 17 

Mar 98 49230 49130 *9230 —130 7,978 

Mot 98 *9930 1711 

Etf.wte NA Tift's. Kte 6J63 
Tub's open M 89377 off 198 

PLATINUM (NMBU 
50 Mr or.- doom por troy az. 

Jul 97 *11.00 39650 410-50 +1X50 1X805 

OCT 97 ‘M1J0 392-50 «?j 0 +830 *3*9 

-tan 98 396.0 38900 39600 +L50 1,199 

EsLsote NA TUe\«ta 40*2 
Tift's OOenW (9373 off 119 

Close Previous 

LONDON METALS (LME7 
Dollars permeMetwi 
Aturemum (HMi Grade) 

5007 76251s 1626ft 16Z7ft 7628ft 

Forward 1639.00 16*000 16*000 16*100 

Capper Cathodes (High Grade) 

Spot 260200 260*00 2589ft 2591ft 

Ftvwtrt 252800 2530.00 251300 251*00 

Lead 

Spot 63600 63700 620 H 629ft 

Forworn 6*4ft 64500 63700 63800 

WcJfH 

5pr* 718500 719000 724000 725000 

Forward 729500 730000 735000 736000 

Tin 

Spot 563500 56*000 566500 567500 

Forward 5680.00 5690.00 572000 573000 

SPC (Special hm Grade? 

Spot 13*200 134300 134000 13*100 

Forward 136*00 136500 136200 136300 

High Law Close Ow Optnt 

Financial 


Sep 97 9196 1191 

D*c97 9308 9305 

Mar 98 9155 9X51 

Junto 9143 9X« 

S«p 9* 9134 9130 

Dec 98 91Z3 9119 

fer 99 9122 93.18 

Junto 9117 9113 

Sep to 93LI2 9308 

Dec 99 930* V3JB 

Est. site NA Tift's, sate 1M.I63 
Tuo'eapenint 2.713010 up 21362 

BRITISH POUND (CMER) 

SL9» iftiftOS. * por pawn! 

Aft to 10416 10302 10388 37078 

Sep 97 10390 10380 10358 4039 

Dec 97 10378 117 

Est. state NA Tic's, sates 6035 
Tub’s open Ird *1,78* all 1058 

CANADIAN DOLLAR (CMER) 

WWM0 aeon, s per Cdn. OT 
Ainto .7256 J7X 7730 JH.796 

Sep to J297 J2M .730 11M 

Decto J336 .7315 J330 1,585 

E a. sate NA. Tub's, sate 120*2 
Tift'sopeilnl 69053 up 1392 

GOMAN MARK (CMER) 

135000 marks, 6 per mark 
Aftto jm -5866 -5900 75/9S 

Sep 97 0963 0910 0930 jm 

Decto 0967 JW 0979 m 

Estwte NA Toe's rotes jw*s 
Tub's Open lnt 83.138 W» 1181 

JAPANESE YEN (CMER) 
lUnAMlNislRr ISO van 
Aft to 0697 0570 0662 78051 

Sep to 0811 Jito 0777 5000 

Decto 0879 0879 0893 » 

Esr.sate KA Tup's. Sate 15.997 
Tire's open ini 85,114 off 279* 

5WSS FRANC (CMER) 

I2UB0 Bona, SMCftmc 
Junto J1K 2026 J097 46,187 

SCO 97 2182 2W JIT? 5451 

OBCto -72*3 2228 .7259 «J 

EsLWdes NA Tub’s- rotes 19265 
Tub's open H 52033 up 1**! 


ABanwWM 
Ca me o Fi nd O 

8 

8 


EldonKtoBncp 
Enemy west 
FstWWnJa 
HonwDepot 
Home Fed Bncp Q 

5L Industries 5 

SttfflBttto Brushes 0 


_ . REGULAR 

Bk Novo Scofla g Q 07 7-2 

0 03 6-13 

- A3 6-30 
Q X 6-30 
Q J9 6-10 
0 25 6-20 

O 0*s 6-1B 
Q 0175 6-10 
0 JO 6-13 
§ 275 te 
Q 27 6-30 


CT Energy 
Chateau Comnon 
Deere 8. Go 
EnovaCmp 

tpoJco Enww 
Lanai stond LpM 
PPM. Resources 
TiewMehPrt 
VatHyraiBncp 
VestowSecw 


7-2 


7-S9 

6- 30 

7- 15 
B-1 

7-15 

7 i? 

7.1 

P-27 

7.1 

7-17 


Jut to 81 JB 
Aug 97 7900 
Odto 7105 
Dbc97 W20 


69.92 70.15 -1.77 5038 

_ S.n BU -107 3038 

Est. rotes 1*038 Toe's, sates 1UBS 
Tue’s open W 41213 up 670 

PORK BELLie {CMER} 
ftLoao Its.- amis Dm- e>. 

Jul 97 9120 8190 88.90 —300 *254 


Est. soles l.lto Tot's. sate &7» 
Tuo'sooenint BJ74 oil 10 


US T-BILLS (CM9) 
7705 —200 7095 « motion- pnof lOOud 


MEXICAN PESO (CMER) 

500090 pern . s par mm 
junto .12575 .12535 J2H5 
Septo .12120 .12070 .12015 
Decto .11645 .11630 .1164! 

rotes NA Tub's, site 1 0031 
Tue's Open tat 37297 |» 391 


17.172 

10.760 

7JU7 


+001 


*086 

5.195 


WlMNfTH STERLING (LIFFE) 

C5oaooo -pis onoopd 

__ JlfflW 9300 9134 93J5 — OJK |Ji7<W 

Jun 98 9224 9207 9209 - 00* SS? 
SepW W0B 9202 9202 - 00* SS 

Aug 77 9020 8802 1802 -1* 1288 Junto 10WH 1IM* -04 173288 2S2 gfS Sf? ?^272 

Feb 98 760S 7*00 7L00 -2J0 405 Ses97 W-63 104-53 101-55 —01 «076 72-57 *1*1—003 19,152 

■Dseto 104-27 —01 277 _ . . _ 12^23 

Es. sates 64jx» Tub’s, sdes 61027 EaLsote: 77.99*. Prey, sate: 35,304 

Tub's open 221041 up iroste ,, n - 


Junto 940* 9401 9403 

Septo 94JS 9403 94.53 

Onto 4448 

Est. softs NA Tub's, sate 977 
Tue'scnenm 9481 up no 

SYR. TREASURY (CBOY) 
f IOB0BD ten- pts A MBa at 1B0 Pd 


t+opprattMAe oboop per 
Nwre/AOR:g [m f uM ela Cnawflon tqnOsi 
nnainiUB iHluRilertto s-santeBPoal 


Food 


COCOA (HCSEJ 
lgmettrottte- 1 nor ton 


Stock Tables Explained 

Site flaues on unofBdfiLYeortyWflRi ontf lows wSodltiBpie'flous 52 woeiEi^us O10 aiffent 
w^^nar0teb fa »l1w^ <) ^- WIWM ^ or! ^ l,tlll< ^ am<M ^ to25|>etCTgn ^ 
his bs«i doM. Bk ytns Mtfti tnnaBonE^ dUkad* me iTtOBBiMruw^ newsfeas^ oruy. Unless 

{J+ffM^ nrenrl intwtrflflAJliftlNOreOtftUredbtxtlMWeiMbOSBOWIltelnl^OTCteaiErv 

a - lOvkimd also nfre fej- b* BtiTOitf nttoamMend phtS sfoefe UMOerid. e - flqvidaftag 

e -rfNTdonditecferedirji^rtPTOt** 5 *!’!! 12 nwiths-f -owniol rate, irtowsefl on test 
Hedomiton. a - dlwM««1 te Oarodicm fates, subleaio 15% non-re$*fe«» Hu. 1 - nivtaend 

artian talwi or laMst dMdcnd 8 ■ tMOrnd tedanrivrpakl itift year, an 

aocumutaliwissas wWi ifliAfetrfs te airews . m - o nnugl mte redugil wt tasidecfe ration. 

in « post S2 weekt Tlw ^ 

ad. not todeBteY- P-Wtol UMdtnA wmuc* mfe unknown. P/E -^price-eqmftg; roito. 

A**** orpqM ftprecwUnif Plus stock 

2^SSrf!i«3rMBLDMteid bB 9 P% *» dote <rf » »■ & ‘ pma in 


Jul to 

1*69 

1445 

Mtt 

♦ 14 

Septo 

1473 

147S 

1496 

+ 15 

Decto 

»5to 

IBS' 

1529 

+ 17 

Mot 98 

1554 

1545 

1554 

+ 16 

Movre 



1576 

+ 14 

AilfS 



W 

*16 

EsI. safes NA 

Tin’s, soles 

3059 


10 YR. TREASURY (COOT) 

Sieo0Mpfln-pH&3MiHirona 

Jlft to 107-01 106-27 106-25 —07 265JBT 

Septo 106-11 106-07 106-09 -03 U.tt 

Dec 97 1O6HB 105-30 105-30 -03 1,9H 

Est. roles 100,005 Tue'v rates 10*JU8 

Tift’s Open 357458 0lf *889 


Pra*. open Intj 531.119* ofi W' 

91 w S 
SS S2 its »» 


High LAW Latest Otgo OpiKt 

Decto 9X77 9XS5 93,07 — 0.16 54071 
MreW 9183 9302 9304 — 115 3W29 
Jwi9 B nS 4 9163 9X6* — 0l 16 25.975 
Sep 98 9182 9303 9303 —115 B.91* 
».aotec .64635. Prev. safes: 51081 f 
Pitv. open hiU 327045 up 1001 

Industrials J 

COTTON 2 CNCTN) - 

SMOO tov- evils per lx :V 

JU97 7305 7225 7301 +004 36007 

Oetto 7465 7405 7405 +030 4,144 

Decto 7500 7450 7505 + 0.12 3S036 

Mur 98 7600 7605 7600 3JB9 

MavfB 77M MM MM -030 9® 

Est. sides NA Tub’s, safes 7joo 
Tub's open tat l off 73039 
HEATING OB. (NMBU 

42000 gal. emm per pal 

Junto MBS 5SM 55 39 -0.12 14.783 

0697 5580 55,15 5501 +009 380B9 

Aug to 5600 5505 5526 +0J» 17033 

S»to 57 JB 55.95 5451 +0.19 9017 

Odto S7J» 5700 5704 + 001 8005 

NOT to 58.35 57J6 toJ6 +009 7045 J- 

Dtcto 5900 5860 5801 +034 12028*4., 

JpnW S9.40 5096 58.96 + 034 7.936 

R*W 59.10 5061 5861 *039 3086 

B^tees NA Tift's, sates 41039 
Toe's open mt 131054 off 13*1 

LIGHT SWBET CRUDE (NMBU 

1000 OBL-dMiDn Par obi ■. [ 

Jul to TUB 2O0J 20.75 _«* 10501? 

AuBto 2104 BUS 2085 +0J)\ 49.115 

Sgto 2100 Z0.7S 2088 + 006 29046 

Odto 2005 2020 2027 +002 18JHI 

NOT to 2022 2Q02 20.65 -0.02 1*. 

Decto 2021 20l51 9n w _a02 

B. sates NA Tub's, sates 112311 
Tot’s open tat 4O102B off 7640 

NATURAL GAS (NMER) 

TO0M mm BVy. 1 pa- mm Mu 

Jul 97 2065 2230 2J0S 

Aug 97 2260 2.285 2000 

SCPto 2225 2065 2080 

0099 2225 2065 2073 

MOT 9? 2*25 2075 2080 

Dec 97 2030 2.* 1*90 

fa. sacs NA Tot's, rotes 3109* 

Tue Steen mi 2110*1 ott 953 

UNLEADED GASOLINE (NMER) -= 

*2000 pot, cunts pqr at* •” 

-hftto 6700 6500 6565 + 007 20878 

Juto 6150 6205 62.90 —4.10 3093) 

SrU S.-S 41 -0.10 Sm 

S»to 60.75 6030 6005 +005 4. MS 

Oato SL60 SLOT 5BJ0 

Novto sue sum am +435 laa 

DK97 5705 5705 5735 It#) 

Eat. rotes NA Tub’s, rotes 42017 
Toe's open tat 83,065 off 938 

GASOIL OPE) 

U0. nalkirs per metric Ian - lots of 100 tonfr. 

Jun 97 173 JS 17205 173.00 +100 230S5 
JUI 97 17400 17305 17305 +005 11757 
AU0 97 17*00 17500 17500 UnoC ti SO 
SW 197 17700 17700 177.00 +005 4^ 

M 97 7900 17805 178.75 +005 4040 

N™” 101-0° 18005 180.00 +005 
Dee 97 18105 18100 7 60.75 +005 7007 
Est. sales: 111*5 . Open im,. *7,334 offy 

BRENT OtL(IPE) J = 

1)0. aoliaro pei batrel -Ms nt 1000 bairote' . 

A U ufl” 19^ 19 j 5 19^ t£i0 

JS2 ' 937 19^ +&11 11001 

Smftl JS -3 ? 19,51 *°- 09 8005 

oSSr 32-f? +0.10 GWS 

SJ2T I?-?? 1905 19.48 +009 12087 

sSSSS 19^*2 +ai0 8091 

l™’ 8 19-32 1903 1905 +0.77 *397 

Efl. safes: 3905* Open lid-,167,36* up 201T 

Stock Indexes 

?^* “*«*■ fNOGX (CMERJ -It' 

MOMndfex . t 

Junto 85190 84660 8*7,90 —.1*5 17X98* 
to 863.10 85140 85*70 _3jg ijjjj 
OK97B4U8 86880 3SLB0 Z5^ 3S 

Tift's open tat 193040 up zsi 


-*a 

* 

t 

• ■ite 




~14* 

V t 


■3.: 



■ -■TSB , 

"-■[** : ~+m. 
■1 % 


-• 

"+=-ri4 
+ '-»■* f 


n my? 



■«'«t «ttjL: 
■**:■»** 

■+!©+■ Mte 


Into*** 


21^ 

17081 

njyt 

7.9W 

12^8 



?4 ■+• i 


-.'.-Q-reJsPk; 


? a! 
% *<£ 







. y. 
4'- - 


-Ui 


•cm 


f-telSB : 

V-fTK9+ 

+*•464 

■Y3-* CftMB ; , 

nrrriMe mt 






0+ i&nr.' 



SSS |59 IS5 XtSnSS& 

jjjj U5TKEA5UHT BONDS ICBOT) S«Jgf + 0011 51 058 

Si lipet-iiOBjfeLoB&arehaMOOpcn KJu «« * “1 !2A023 

Jlft 97 109-07 MS-IB 100-23 380,137 tSw «cS 253 *M1 85,20* 

® SePto 108-26 106-04 10B-H + 01 99M 9SA9 9152 82.2*5 


^EjjW/UFFEJ . J? 

j g^S 

I St. soles; 71071. p— , C-J-- 1jaa 
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May98 1B4JJ0 1800* KUO *£M *15 

Estsates KA Tues. lofts 10078 
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Morn 107-w 208* Pntv. sales: 660*6 

Ed. sates *40000 Tub's, sate; 386,792 Pwv.*pen lnt_ 1^4*1070 up 3077 
Tot's operi tat SMJV W 639 W60NTH PIBOR (MATJF) 

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11Z0OQIM.-a9nlSMrlb. — 

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Odto 10.95 HUH 10,95 +001 


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Tw’iooenirt 157010 up 1926 


Jul to 9122 9400 9«r 
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By Youssef M. Ibrahim 

A/m* Kiri Times Srn-k «* 


cial regulation in decades and put businesses — except, of course, 
an end to a half-heaned. largely some of the utilities involved, 
self-enforced reg- ' In other, more 

ulalory regime subtle wajs. Mr. 

that in the recent Bmwn also has 


self-enforced rcg- 
LONDON — Gordon Brown, ulalory regime 
the 46-year-old chancellor of the that in the recent 
Exchequer, has been described as past foiled to de- 
youthfuf. brilliant, and the “most tect the corruption 
eligible bachelor" of the new La- at Bank of Credit 
hour government. & Commerce lu- 

But his most popular description temational or the 
for the moment is the nickname irregularities that 
‘ ‘Flash Gordon,’* for the speed with led to the collapse 
which he has put his stamp mi Bri- of Barings PLC. 
tain’s fiscal and economic agenda Mr. Brown also 
Just days after taking office May has followed up 
2. Mr. Brown freed the Bank of on the Labour 
England from government control Pony's pledge to 
over the power to set short-term raise as much as 
interest rates. several billion 

Two weeks later, he irked the dollars by impos- 
central bank by taking away its ing a “windfall 


led to the collapse 
of Barings PLC. 
Mr. Brawn also 


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Tmding 11 ‘Flash Gordon 9 Brown Makes His Mark 

-«-v By Youssef M. Ibrahim cial regulation in decades and put businesses — except, of course, to nuflc other people's feathers. 

I |AAiiA/k / Nm- York Tunes Srrvk* an end to a half-hearted. largely some of the utilities involved. "He seems to have worked out 

fl y 1 w Z — self-enforced reg- ’ in other, more hi- program and methods needed to 

J LONDON — Gordon Brown, ulalory regime subtle ways, Mr. a higher degree than 1 can retnem- 

„ t die 46-year-old chancellor of the that in the recent Brmvn also has ber of previous governments.’' 

Yeltsin Mnv 1 imiJ Exchequer, has been described as past foiled to dr- moved to extend James Callah an, a former prime 

V ■ * w youthful, brilliant, and the “most tect the corruption his reach. He has minister and chancellor of the Ex- 

Fhrei (m/>re 9 tynhoe eligible bachelor” of the new La- at Bank of Credit created task chequer, said, 

x i/i ct^ <tcl a kJllUUZS hour government. & Commerce In- B forces to review The changes were sorely 

But his most popular description temational or the ***9E*« V fundamental is- needed, as Britain's freewheeling 

‘ *** ^ momcnl t* die nickname irregularities that !9H • Jb ’ — f sues such as wel- financial industry has had its dis- 

MOSCOW — President Boris “Flash Gordon,” forthe speed with led to the collapse 1 1 fare and taxes, and asters. Thcv include the Barings 

Yeltsm is considering a decree to which he has put his stamp on Bri- of Barings PLC. ** -* *• *— « .«ii— - h..j« w 

ban foreigners from buying RAO tain's fiscal and economic agenda. Mr. Brown also 

Gazprom’s domestically traded Just days after taking office May has followed up 

shares, a spokesman for Russia’s 2. Mr. Brown freed the Bank of on the Labour 

largest company said Wednesday. England from government control Party’s pledge to 

. The decree would hamper a gray over the power to set short-term raise as much as 

market created by foreign investors interest rates. several billion 

lo take advantage of the fact that Two weeks later, he irked the dollars by impos- 
Gazprom’s Russian stock costs only central bank by taking away its ing a “windfall 

ppe-third as much per share as its supervision of the tanking in- profits” tax on andheisinahurrv settled the question here about tne 

American depositary receipts, in- dustry. Now that job is in the hands gains that compa- to do it.” Paul true colors of “New Labour.” 

vest ora have bid up the ADRs be- of a mend — Howard Davies, the nies reaped from Gregg, a research With suggestions for new taxes, 

cxiuse there are not enough of them former head of the Confederation recent privatiza- The new chancellor fellow at the Lon- including raising about SI. 6 billion 

K> foreign demand. The decree of British Industry — who will dons of utilities. . . . , don School of from fees on mobile-phone use, as 

would limit foreign investors to head a beefed-up Securities and The revenue *S moving fast ana Economics, said, well as a proposed minimum wage, 

taying ADRs and limit individual Investments Board, an agency em- would finance ruffl ing feathers. "The greater em- there is a suspicion that New La- 

■ ^ stakes to 9 percent. powered to stamp out fraud and training programs p ~* pire run by the boar is just like Old Labour, an- 

“This will protect the ADR hold- deliver what Mr. Brown said would and jobs for a Treasury is going other tax-and-spend administra- 

era. which is a goal. Gazprom has be "the most effective supervision quarter-million unemployed to become much larger under tion. But other measures, such as 

yoiced often enough,” said Stephen in the world." youths. That pleased the “Old La- Brow n.” His rapid action since tak- allowing the Bank of England to 

O’Sullivan, head of research at MC Together, the two moves con- hour” constituency, which says mg office is largely attributed to Mr. set interest rates, affirm Labour's 
Securities in London. stitute the most sweeping change in the unemployed need more con- Brown's forceful personality, his pledge that it is both pro-business 

-• Andrei Pershin, a spokesman for British monetary policy and finan- sideration, while not alienaie most dynamic ambition and his tendency and pro-worker. 

die Energy Ministry, denied rumors ] ’ 

dial foreigners who bought local 
shares of Gazprom, circumventing 

sales to^the more expensive shares Daimler-Benz Seeks to Triple Asia’s Share of Its Sales 

traded abroad, would be forced to JL 

liquidate their positions. 

Many foreigners circumvent for- cent in the medium tenru” the com- months of 1997, to 36 J billion is bidding for the French defense 

eign ownership restrictions mi STUTTGART — Daimler-Benz pany’s chief executive, Juergen Deutsche marks IS21.3 billion), lifted company Thomson-CSF. adding 

Gazprom by establishing Russian- AG, Germany’s largest industrial Schrempp, said at its annual meet- by exports to the United States and ihar the outcome of the French elec- 

registered subsidiaries, which have company, said Wednesday it aimed ing. The majority of Daimler’s sales Europe. The surge in U.S. and Euro- dons Sunday would be decisive for 

the right to buy Gazprom shares to more than triple the proportion of in Asia are of Mercedes-Benz cars, pean sales, the company said, was the future of privatizations in 

i- n_. • i * _ x* _ * ■ . _ *_n a l.. . _ii-_ i _i i j r i 



w 


of a friend — Howard Davies, the nies reaped from 
former head of the Confederation recent privatiza- 
of British Industry — who will tions of utilities, 
head a beefed-up Securities and The revenue 
Investments Board, an agency em- would finance 
powered to stamp out fraud and training programs 
deliver what Mr. Brown said would and jobs for a 
be "the most effective supervision quarter-million 


in the world.” 

Together, the two moves con- 
stitute the most sweeping change in 
British monetary policy and finan- 


youths. That pleased the “Old La- 
bour” constituency, which says 
the unemployed need more con- 


The new chancellor 
is moving fast and 
ruffling feathers. 

unemployed to become 


sideration, while not alienaie most dynamic ambition and his tendency 


xtx-pi. of course, to nufie oihcr people's feathers, 
ties involved. “He seems to have worked out 

In other, more hi- program and methods needed to 
subtle ways. Mr. a higher degree than 1 can remem- 
Brmvn also has ber "of previous governments,” 
moved to extend James Callah an, a former prime 
his reach. He has minister and chancellor of the Ex- 
created task chequer, said, 
forces to review The changes were sorely 
fundamental is- needed, as Britain's freewheeling 
sues such as wel- financial industry has had its dis- 
fareand taxes, and asters. They include the Barings 
he has cxicndcd collapse in 1 993 after a trader lost 
his authority as Si. 2 billion, the near -collapse of 
well as that of the the storied insurer Lloyd’s of Lon- 
Trcusury into don, the theft of S64U million of 
areas that had private pension funds by die pub- 
been the province lishcr Robert Maxwell and the 
of other agencies. 1 99 1 failure of the comipl Bank of 
“He wants to Credit & Commerce International, 
run everything. But the actions have not quite 
and he is in a hurry settled the question here about the 
to do it,” Paul true colors of “New Labour.” 
Gregg, a research With suggestions for new taxes, 
fellow at the Lon- including raising about S 1 .6 billion 
don School of from fees on mobile-phone use, as 
Economics, said, well as a proposed minimum wage, 
”1116 greater em- there is a suspicion that New La- 
pire run by the hour is just like Old Labour, an- 
Treasury Is going other tax-and-spend administra- 
ch larger under tion. But other measures, such as 
d action since tak- allowing the Bank oT England to 
y attributed to Mr. set interest rates, affirm Labour's 
I personality, his pledge that it is both pro-business 
i and his tendenev and Dro- worker. 


well as that of ihe 
Treasury into 
areas that had 
been the province 
of other agencies. 

“He warns to 
run everything, 
and he is in a hurry 
to do it,” Paul 
Gregg, a research 
hancellor fellow at the Lon- 

j» . don School of 

last and Economics, said, 

tlthere. "The greater cm- 

pire run by the 

Treasury Is going 
to become much larger under 
Brow n.” His rapid action since tak- 
ing office is largely attributed to Mr. 
Brown’s fort etui personality, his 


Daimler-Benz Seeks to Triple Asia’s Share of Its Sales 


0*r*edb?Q*SufFnm>Dtipmha 

STUTTGART — Daimler-Benz 


cent in the medium tenru” the com- months of 1997, to 36 J billion 
pany’s chief executive, Juergen Deutsche marks {$21.3 billion), lifted 
Schrempp, said at its annual meei- by exports to the United Senes and 
ing. The majority of Daimler’s sales Europe. The surge in U.S. and Euro- 


locally. 


its sales that came from Asia as part followed by satellites and planes 


rubles (w./b billion), compared About 8 percent of our sales lion DM in Asia in 1996. Mr. bcnrempp also reiterated 

with net profit of 322555 trillion come from Asia at the moment, and Daimler-Benz also said its group Daimler's support for the group led 
rubles in 199S. we have to increase that to 25 per- sales rose 15 percent in the first four by Lagarderc SA and Matra SA that 


WORLD STOCK MARKETS 


- Wednesday, May 28 

Prices In local currencies. 

* Teuton 

- mg law dose Prof. 

Amsterdam Aocta^egos 

PIMRIH.U 

ABN-AMRO 37 3S90 3420 36X1 

Aegon 14540 14130 141BC 14180 

Ahold 14&40 14540 14540 147 

AboNobd 267.10 264 266 26520 

Ban Co. 121.50 117.10 11120 117 

Botswasao 3740 37 37J0 3740 

C5MCW 102 101.10 10149 10140 

DorttsdwPrt 39240 30540 3M4Q 30540 


RWE 
SAP pM 

Sdwing 

SGI Carbon 
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vSttwoen 

Helsinki 


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Law 

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7 <45 

75* 

75X5 

7£75 

317* 

310 311* 316* 

17<20 172* 172* 17460 

256* 

249 254* 

749 

100.15 

98* 

9875 

*.55 

1500 

1500 

1500 

14* 

924 

912 

912 

927 

405 

394 

394 399.10 

99* 

* 

» 

*65 

505 

W> 

SOS 

505 

787 

782 

782 790* 


1143 11261)29.50 1153 


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Forts Am« 

Gthortcs 

C-Bwccw 

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HanDoogte 

ING Group 

KLM 

KNPBT 

KPN 

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NuMdo 

OceGrtaftin 

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19740 19340 194 196 &S5L*.i 

3110 3240 3160 3240 

lev 8440 «T40 8130 ffT4D 

6940 6740 67.90 6720 

a 6* 6460 45 5530 

W 9740 92-10 92.10 9440 

32940 37640 327 JO 328 

BCW . 90 9560 9720 9720 ES. . 

f* wSYrty™ 

p 9940 8740 8826 8820 OuhilimiHi A 

5720 S20 S40 5620 

4020 3940 3920 39J0 ^i yTOra * n 

It U0 6720 6720 6720 V0 * nE * 

3fl . 6560 47 4720 4720 

30120 296 298 29920 — — — 

Ml 25040 248 25020 24740 HOIK] Kc 

BC 10920 10740 1DB 100J0 ^ ^ 

9420 9240 93 9320 _ 

HOg 19540 191 19450 19120 Amy Preps 

17450 173.90 174 171* BUStdAstB 

<1.10 6040 <1.10 6020 WhnrftvNI 

17720 177 177 17540 OwJigKong 

11020 muw itolto ho acMratrua 


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Rorento 

RonlOucdi 

Unilever an 

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BSkyB 

BrtlisH 

BflTetecnm 

BTR 

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Codbury SdM 
Caftan Coma 
ComndUidai 

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EMI Group 
Energy Group 
cJlfcf PftSC OS 

FarnCotanW 

GeniAcddM 

GEC 

GKN 


747 

7X5 

737 

7X9 

BaCosimlkri 

3510 

3350 

3410 

3475 

PaugertOt 

5L95 

5X1 

899 

£89 


4585 

4430 

4430 

4500 

Ptmratt-PrW 

1* 

1* 

1* 

163 

BadRun 

1264 

12* 

1229 

1247 

Prcmodes 

<79 

467 

448 

453 

BcnrtkM 

23400 

2S900 

23100 

23200 

Rcnrotf 

211 

2X5 

2X5 

213 

Crerfta ItaOano 

2575 

2515 

2530 

2555 

Real 


8250 6030 8030 B160 


1X7 

1X4 

126 

1X5 

ENl 

8935 

8675 

86* 

8835 

Sanofl 

5X8 

467 

496 

487 

Bor 

5665 

55* 

5605 

5535 

SdtnetaCT 

897 

£48 

5X9 

£49 


29350 

28900 

28900 

29050 

SEX 

£20 

£06 

£08 

£21 

(Ml 

15520 

15100 

15100 

15175 

SGS Thomson 

7X1 

7.10 

7.12 

729 

INA 

2405 

2375 

2400 

S375 

Sie Generate 

6X7 

<73 

673 

477 

ftafrM 

5470 

5250 

5270 

5400 

SatalK 

139 

3J5 

3* 

3X6 

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7565 

6800 

7395 

7460 

StGaOato 

4* 

471 

475 

471 


10115 

9825 

9825 

9970 

Suez 

4X5 

401 

4X4 

4X3 

MonJertson 

1068 

1108 

1043 

105) 

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47 46* 459 46* GeKlACddM 
230 226 227 22B GEC 

5220 SI 51* 52* GKN 

73* 73 73* 73 GtaoWelcnr 

1720 17* T7* 1720 Grenada Gg 
146 W4* .145 14450 Great Mm 

42 40J0 40* 41* GRE 

137 1 35 135 1 37 GnenoftGp 

353*-- -Ml- 346 35740 -ftrtnrS ’ 
204 202 . 204 204 GUS . 

102* 10120 IB 102 Han 

121 111* 119 12020 H5BCHUgs 

92* 92 92* 92* K3 

bapt Tobacco 


12 1120 11.76 11.71 

5* 5* 5* 547 
W1 673 685 442 

145 143 144 143 

947 927 940 921 

3* 3* 3* 32* 
TUP 1003 70.1 5 1007 
1229 11J6 1226 1X10 
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H 2480 24» **EPC 5.12 526 5.12 113 Rogers 

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385 37848 37? 380* McRffic 44* 4490 45 JJrt^GlId ZM 2M 226 

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176 169 1 72 176 HKTPtamro 17J5 MJ0 17 HJS ^ 

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1022 1747 1810 18.14 CrtoUS A 

L14 757 014 0 CimiSK 

3t99 185 3* 357 Gm Metro 

733 720 725 720 Gt-Vftd Uto 

244 137 237 042 Unosco 

9.14 922 9X6 9X4 IraestWsGfp 

2* 245 249 248 LotstoeCBl 

409 466 076 080 Non Bk Covdo 

647 035 641 626 Fewer Caro 

2 127 159 159 Power Rfil 

521 5X7 5X9 215 Quetacor B 

5.12 5X6 812 5.13 Rogers Caron B 


Ofeetl 512 499 500 S05 Thomson CSF I 

Pamaw 2550 2400 2415 2S6 Tasal B 

Plan 3690 3605 3605 3600 Ulinar 

RAS 13600 13*0 13230 1339S VBtaO 3 

Roia Bancs 18000 1 7000 17650 17750 

S Porto TaftaO 10750 10630 10645 10680 e -_ 

SM H745 8630 8655 1675 oSO rSIliO 

Tetentn ItaBa 4755 4660 4680 4680 

TIM 5180 5020 5IQS 5110 BmdKcoPM 


<19 587 593 A13 

2461 2315 2342 2467 

2036 1901 1983 2025 

144* 132 UL1D 14450 

1580 1531 1540 1575 

190* 179* IBS* 190.10 
5* 504 506 529 

296 27870 2B3* 29740 
971 979 990 986 

494 475.10 40 479* 

654 610 613 654 

2739 2653 2656 2682 

810 776 790 800 

301 294 296 301X0 

693 676 665 693 

17720 166.10 167 175 

548 515 529 540 


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111* 109* 109* 109* 
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S67 COnTlreA 25J0 25 25^. 2SJ0 ttohanro Pfd 321X0 515X0 520* 517X0 3 y aTC 

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£15 Owtoa B 2S<* 25W 25X5 2555 u^xro 3648 36* 3648 37X2 CRA 

£13 RogenOywB MO 7* 7* 7.15 osirobssPld 1.18 1.16 1.17 l.M CSR 



High 

LOW 

Oose 

Prev. 

ABBA 

110 * 

108 

109 

109 

AsdDarrai 

315 

717 

214 

212 

Astra A 

133 

17* 

129 130* 

Altos CopmA 

221 

213 

213 

220 

AirtoOv 

302* 

297 300* 299* 

EfectrofanB 

476 

445 

467 

476 


27450 

768 

274 274* 

Hemes B 

762 

7S1 

760 

253 

tacenrtveA 

700 

695 

m 

692 

UwestarB 

393* 

388 

391 

387 

Me Dc 8 

251* 

245 247* 

250 


24 2 

246 24050 

243 

Ptartn 'Upjohn 

26450 26050 

263 

2fi3 

210 * 

204 

205 204* 

ScantoB 

22350 

218 

218 221* 

SCAB 

171 

167 168* 

170 

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82 

81 

82 

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2B4 

271 

275 

276 

SkoR&ka fi 

325 

319 

319 

323 

SKFB 

188* 

183 

1B4 

185* 

SpotxmkeflA 

SfadshypolekA 

150 

1 * 

147 

190 

1 * 

190 

148 

1 * 

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119 115* 

115* 118* 

SvHmdJesA 

211 

206* 

207 

210 

Volvo B- 

219 214* 

216 

214 


Sydney 


BHP 

Bcral 

Brumbies Ind. 


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is. i-io in tr PntaWBTaaS MtM HdQS 1.94 1.89 1.93 1*2 

13 ’ ' S ,3 '- 5r 0^ 90000 965* 97MO 9B000 »WA^&nk 1898 1865 1866 18X4 


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176 169 172 176 

218 210 214 216 

29* 28 2825 29 

320 312 314 320 

SB 522 526 540 

132 129 UO 132 

29* 2825 2875 28* 

HJS 35J5 37J5 37 

126 120 122 125 

115 113 115 1)4 


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HK Telecom 


HSBC Helps 
Htrtcbiom Wl 


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BaWAata 86850 849 85025 854* 

HtacteJLBm 1062* 1035106875 1037 WlmUOlX 
WndustPeflM 426 41825 426 « — — 

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RC 43475 426 47725 4SB JaKHTta 

MabanogorTel 285 27H25 283* _277 
BUJanaHttf 287* 281* 283 284* AStnlnU 

StateBklrofla 3047S 2W 3*^ 301 S Won 

Sled AuVnrOr » IB* 1875 2 ^ BkNegau 
Tata Eng Loea 40825 39425 39525 393 GoPongGarm 

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64* 63* 6175 6425 
34* 3440 34* 3440 

19X5 19 19.18 19* 


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dmkkwto PTTVtawc 227522 SrmpowaHM 

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Sr 3400 sag .»S .3*5 uhnnnA 


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Bt Megan 1575 1525 1575 152S 

G udSoGon a IBM W* Wg 1«W 

taftoeement 305B 3^ ma MB 

lafcriood 51* ^ ^5 *50 

Indosrt 7000 6873 70* 6875 

SanpoemaHM 14* «l 9ffi 1C 

5enwGfes& 5625 5525 5525 5625 

TetafeanaMMI 3925 3875 39* 3875 


Ct?SunAI 


ScrtNewaslte 
Sal Power 
Securtar 
Severn Tart 
SbcdTroaspR 
Sleoe 

Sudta Nephew 

Santuatoe 

SnlBnlnd 

StharnElec 

sanaroatA 

Stand Onter 

TatafcLyta 

Tesco 

Thoroa Watar 
31 Group 
TIGreSp 
TbreUra 


624 6X5 

3X3 £99 

9.15 9 

247 242 

645 622 


621 6X3 

3 3X3 

9X8 9 

245 243 

633 627 


S& 9 I iJS iS 1 ® 145 Johannesburg 

Eta^W** MM TWO TWO 8310 AnMeMBtl 28 27* M UMA^eror 

EtactadW 3570 3540 3570 3540 AngtaAio Cart 301* 295 295 301* UW News 

Ft^AG 72* 69« 69* 69M AagtoAreCan) 263 258* 260* 263 IMUWta 

toaetl 32X 31 &5 32* 32M Ar2»AaGoid 303* 301 301 30275 VefldaaeD 

GBL 5640 5590 5630 5520 ABgioAa tnd 1* 186 1B7 109 Vodirtnne 

bflmw 14375 14225 14250 141* avS&T 16.15 16X5 1615 16.15 WTOrbroad 

nS 48* 144* M475 1«0 Bartow *1 4£75 46 46M WMatnsHd 

FWfaa 124* 12325 1^0 128* CG-SroOi 2£30 24* 34* X® Wotseiey 

Swcitta 5000 4940 4975 5110 Qe Been 15825 15eJ5 15675 1*75 WPPGroup 

Roytlta Beta* 101* ?900 TWO 9900 DritftaflMn 39 38* *.90 ZetKOj 

SX-r^LTn-E ■ TWO 3255 32S 3345 Pst Wall Bk 3175 33* 3375 3165 

sSoT 21« 216* 21625 21675 Gam 20 19X5 19* 19* .. ’ . . 

tSSm 15^ 15400 15425 15400 SST 115 11425 11425 IKS Madrid 

UCB 975* 960* 95700 970* impetUHdgs 57^ 5575 SJ5 S775 

iDOwaCort 3825 30 30 30- ___ 

Copenhagen 


wiMnod 

wnoKHdgs 


Madrid 


1077 1044 1073 1072 

4X4 470 477 479 

143 151 155 154 

3* 3A5 147 3* 

T7AS 1775 1727 T7A5 
7 490 674 679 

3X6 029 3X6 179 

2X3 2.90 271 131 

7X2 773 773 770 

1124 10X8 11)5 1211 
9X2 9A5 952 9.48 

179 175 175 175 

1077 10X0 1067 1866 
757 761 766 764 

417 410 410 417 

662 665 646 648 

10.15 9.94 1BX2 1810 

453 4A5 4* 4* 

874 368 371 372 

6X3 671 6X0 675 

£13 5X5 SXS £12 

£S7 5* £57 564 

372 245 267 272 

16X5 1620 16* 16X0 

49* 490 494 4194 

7X0 773 778 7X0 

7.15 7X3 7.10 7X2 

£12 5X6 5X6 £12 

271 267 270 268 

1X4 7X3 7* 8X5 

3.10 3X4 3X9 3X6 

475 465 471 470 

244 x 241 241 

1843 1862 1863 1U0 


LaJuJeami 


125 127 127 

1675 1675 1675 1645 
10075 1* 1*75 9975 

1765 1775 1775 1765 

*75 87* 8775 BB* 

47X5 45* 46 4770 

£275 6175 4S 62* 


310 303 305 307 i w * stjni 

3M 389^ 3»" 393 iKo 10075 „1* 1*75 9975 ***** _J» J32 .S2 J£S 

ConenFos 92072 915 915 910 Neovolc 

^ 2 - B sssaiff i i i %$> 

m m m §m ¥mm 


Acertnn 2S890 24910 251* 24860 

ACESA 1945 1850 1060 1 920 

4MHBarta 6050 aa 5900 5990 

Anertota 7670 TIM TkX 7590 

aav 105* ions 102* 10450 

Braesta 1655 1595 1S95 1630 

Bortdroer 26490 2040 25340 25920 

Bcs ContTO H tap 5070 4*0 <940 500 

BcnPeprtor 33430 321* 321* 33430 

BcaSortavUv 13020 12610 12640 128* 

CEPSA 5110 4960 49» 5030 

ContaWta V<* MW »60 

CoroMop&e 8150 7860 79-® 8030 

ED&a 11976 11610 11650 117* 

FECSA 1255 1290 12?0 TWO 



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is 12 * 12 * iz* Manila 

JSn 38TO XAS 442 184 372 4C 

ss “ £2 Si ^ i£ |£ i» WB 

4 «i B I EE. ^ ® *8 1 fe* 

SS $ ft®*”* “8 'K « ^ ST 


Frankfurt 

53g| 191* 188* W970 rro* 

SS SS 2SSS 
sa* 54 ^ ^ n 


63* 6040 6070 finO 

1«5 1465 1405 1470 

78* 7470 7470 7750 

4590 4400 4430 4520 

1340 1295 1310 1325 

2135 2079 2110 21* 


1875 10 1825 18* 

1975 1975 1975 1975 
156 151 156 151 


. nto — 

DennoRkaBk 
E»an 
HobhmdA 
KvumerAso 
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MMtaiZmt 167* 163 764 16810 Astto Group 

& 70% 68S <*£ * 7 A E?" 

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Mufldl RoertR awo 4450 4480 4445 BG 

IBS t 4U 463 463 4S£* Mliffld 


FT-SE 188: 4677* 

Pro mar. 46*141 


957 973 9.41 

tM 6J7 679 6* Ada A 4675 4£8S 46X0 4675 

675 6X8 6.10 808 Boned S 17* 1676 1496 W74 

Tie ITS LT0 119 aaaCPO 2898 2860 3860 ** 

5* 1* £68 id SSc SA SB SB SB 

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754 7X7 7.10 7.16 PirtdOOB 1ZB7* 

!« 5Jff U» 5» AlBORZOASSlC 11410 109» 10970 11355 


PCtBank 
Phi Long CKd 
Son Miguel B 
SMPrtoiaHdB 


Mexico 


9X0 970 

92 9050 
600 505 

7* 7.10 

265 266 

775 765 

81 78 

7* 770 


9* 970 

91 90* 
595 585 

7.10 770 

240 272* 
765 775 

80 75* 
7* 7* 


142 

449 

6* Ado A 
608 Bowed B 
1.79 CiamCPO 
£67 CBroC 


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Prevtaas: 396872 


1742 1734 1734 1740 


i ihaii dlrn iag* 
ProvioaK 12377* 


tiaiwnaiOff 
Storebrand Asa 


Accor 

AGF 

AlrUaMe 
AicaS Ataft 
AK-UAP 
Banertre 
bh: 

BNP 

COnoiPlus 

Canetaur 

Casino 

CCF 

CeMen 

QstdtaDier 

CLFCedaFfon 

Owflt Aorioota 

Danone 

BMapiBatae 

EltdOritaBS 

EurodSnev 

Eimlortnei 

GeroEom 

Haws 

inert 

as, 

LOreaJ 

LVMH 

LimEtap 

MkrieSnB 

PfttaesA 

PemadWeart 


166 162 165* 161 

2479 24* 24J9 24* 

28* 28.10 28* 28 

145 142* 143 143 

44* 41 44 44 

428 413 417 425 

371 34350 364 345 

262 235 262 255 

99* 97* 98 98 

639 626 A2t 630 

310 300 305 308 

142* 140 142* 139* 

133* 133 l* 133 

N.T. N.T. N.T. 49S 

47* 47 47* 47 


CAG-40S25H.17 
PrevtoPE 2680J4 


Daewoo Heavy 7980 7250 7850 .7390 Nat Motual Hdg 

Hyeadal Eag. 19700 13000 19600 18700 NewsCoip 

Kto Maton 16000 15700 16000 15600 Pacfik Dwttap 

Korea B Pwr 26«Q 26000 26100 24000 Ptaoeerlntl 

Korea ExdlBk 5800 5570 5680 5520 Pub Broadcod 

Korea Mali Tel 371000 361000 368000 37DOOO UGaageBank 

LGSemtata 35100 32500 35100 32500 WMC 

PotwnglraiSl 58800 57000 58600 57*0 WestaacBAtag 

Samsung DUay 44800 43500 44500 44000 WoodsKtaPet 

Samsung Elec 64500 62000 64500 61»0 Wortwortls 

ShinhaiixanK 10500 10300 10400 10300 


1.98 

1X6 

1.97 

1X5 

£70 

5X4 

5X7 


3X7 

3X1 

3X5 

3X5 

4* 

445 

4X6 

<45 

7X3 

<85 

<93 

<90 

8X9 

am 

BX1 

8X7 

8X8 

8X2 

8X7 

8X1 

725 

7.18 

7X0 

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Singapore 


Sired* Time*: 26606 
PraviMK 2076X1 


Taipei 


Ads Por Brew 
CeretesPoc 
OtyDwtts 
Crde Corrtoge 
DohyFaim Inf 
DBStaretan 
DBS Land 


6rt> &40 A40 6JB . 

8* fl* 8* BL70 CWao 

13.10 12* 13.10 13* Cbtao Denlpiat 117* 115* 


11* 11.12 11.18 11X4 
4.16 4X7 4X9 <16 


Stack Motet tada: 8858X6 
Prevtaus 812326 
1* 148 148 149* 

119 116* 117 118* 

69* 67* 67* 69 


37090 353* 
687 650 

865 803 

2SZ.9B 232* 
1042 988 




806 
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631 666 hkSiS 

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- 0.75 072 a73 a75 

19.10 18* 18* 18* 

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2J7 2.71 2.73 2J4 

6.95 6.90 <90 6.95 

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M 176 18) 3.76 


3830 3654 3706 3819 
271* 245 263 270* 


253 2*5.10 247.90 253* SsOaon 

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905 870 876 891 

543 516 525 536 

1262 1262 1262 1326 

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hit (07 baa reenmd 


249 252 

3X2 3* 

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<16 <36 <34 

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OnboElec 
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7* 721 735 7* 15 ,r 10 

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309 365 366 3QB* 

295 281.10 284 294* AGAB 104* 102* 102* 


420 4.12 <20 <10 

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6X5 <45 <60 645 TOKVO 

7.10 7 7 7.10 9 

13 1270 12* 1290 

7* 7* 725 7.15 

2920 29* 29* 29* KSJ’ OOA,f 

3.96 aw £96 354 

2J4 249 252 2* 

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CbtaaStad 30.10 29* 29* * 

Fits Bank 118 115 1)5* 117 

Formosa Plastic 71* 70 71 71* 

Him Kan Bk 11<* 114 115 116 

InUCnroaBk 69 66 66 68* 

rJaoYDPtasOa 75 73 74* 74* 

SHin Kong Ufa 90 BB* 88* 90 

Taman Sard 118 112* 116 111 

Tcfluna 56* 55* 55* 56 

UldMbaEkc 74* 71* 73 72 

Urf World CNn 68* 67* 67* 68 


MUai 225: 2051* 
Prevtoas: 1MM 

1210 1170 1210 1170 
771 760 771 766 


771 

740 

771 

4400 

4350 

4790 

805 

794 

805 

£90 

£80 

689 

1160 

1150 

1160 

2100 

2070 

2080 

570 

564 

569 

2700 

2640 

2680 

2960 

2900 

2950 

2130 

2100 

2130 


2050 

2570 

Qjvn 

2370 

2420 

797 

787 

795 

1410 

1380 

1400 

455 

445 

452 

1380 

1370 

1370 


PAGE 13 


Investor’s Europe 


Frankfurt 

OAX 



London 
FTSE tOO 

4800 

4600 

4400 . 

4200 -jf- 
4000 VT -- 


Index CAC40 
3000 - - 


2800 


2400 /- 


D J F MAM 
1998 1997 


F-irr-u 2200 


dTf m a'm 


Exchange 

Anatewtwi 
Bras— is 
Frankfurt , 
Copeoh^on 
HftteinM . 

Qsto 

London 

Madrid 

Wan 

Paris 

Stodthcrtni 

Vienna 

Zurich 

Source; Totekurs 


A£X 

BEL -20 

PAX 

Stock Mattel 
HEX General 
OBX 

FTSE 100 
Stodc Exchange 
VRBTEL 

CAC40 
SX IB 

ATX 

SPI 


1997 

1990 

1997 

WatoRday Prev. 
Close Close 

% , 
Change 

80C95 

806.13 

-0.15 


2 ^ 58.12 2 ^ 7&32 -Q. 7 S 
3^36.42 3,674^6 -1JD3 
576.93 57aOS MB 

3.06&34 3.094.02 -0.69 
640,10 63S35 -KL24 

4^77^0 4.681.60 -0.09 
56436 577.76 , -223 

12242 12337 -0.77 

2,583.17 2,660^4 -S.63 
3,043.15 3,08059 -0.57 
1,304^9 1^ia70 -0.47 

3^15039 3,281.28 -0^4 

tntmuucvuj Herald Tnbnne 


Very briefly: 


is bidding for the French defense 
company Thomson-CSF. adding 
that the outcome of the French elec- 
tions Sunday would be decisive for 


fueled chiefly by a drop in ihe value of France. He also urged the govem- 
the mark, which made the company’s mem to back the Eurofighter combat 
products less expensive abroad. aircraft, which is being developed 
Mr. Schrempp also reiterated by Daimler-Benz Aerospace. Brit- 
Daimler’s support for the group led ish Aerospace PLC, Alenia SpA and 
by Lagardere SA and Matra SA that CASA of Spain. ( Bloomberg , AFX) 


• Fortis N V, a Dutch-Belgian financial-services company, 
reported a bener-than -expected 30 percent rise in first-quarter 
net profit, to 204- million European currency units (S236 
million), as the acquisition of the Dutch merchant bank 
MeesPierson NV raised earnings from banking. 

• Germany’s merchandise trade surplus grew by a larger- 
than-expected 6J percent in March, another sign that German 
growth is coming mainly from exports. 

• Rolls-Royce PLC’s aerospace group is experiencing a 
“significant” increase in its workload this year despite the 
failure of Fokker NV, which led to some reduction of engine 
deliveries, Sir Ralph Robins, chairman of Rolls-Royce, said. 

• Deutsche Telekom AG must offer competitors access to its 
network without forcing them to buy switching and other 
services they do not want, the German Post and Telecom- 
munications Ministry said. The ruling answered complaints 
from competitors such as VEBA AG and RWE AG. 

• Fresenius AG of Germany, the world's largest maker of 

dialysis products, said it bought Caremark SA of France to 
uy to strengthen its share of the French patient home care 
market. It did not disclose the price. Bloomberg. AFX 


'A80nfaorte*25B£20 
Promts: 2578* 

8 * 8X5 847 854 

877 0L5T 875 157 

IMS 1821 1839 18J9 
4X5 194 4X4 3X7 

2175 2343 2168 2347 
1452 1472 14* )<25 
15* 15L35 15* 1540 
6X9 <23 OO £27 

727 771 7X6 7J6 

21X2 21* 21* 21* 
<75 <67 4JD <69 

157 241 151 Z57 

148 146 147 146 

12 1174 11.96 11.92 
2150 25X5 2£40 2£20 


The Trib Index p*»**«*ooPMNa»Yo**T». 

Jan. T. 1932=100. Laval Change Kehanga year to data 

% change 

Worid Index 187.18 -0.30 -0.18 +12.10 

Regional b al a nce 

Asia/Pacific 125.17 +1.32 +1.07 +1.41 

Europe 175.01 . -0.63 -036 +8.57 

N. America 192.94 -2.00 -1.03 +19.16 

S. America 156.50 +2.02 +1.31 +36.76 

ktfttcleM |an I- — ro 

wK lV raum* KnonxBS 

Capital goods 205.34 +0.37 +0.18 +20.14 

Consumer goods 187.70 -1.71 -0.90 +16.27 

Energy 19553 -0.63 -032 +14.77 

Finance 124.70 +0.37 +0.30 +7.08 

Miscellaneous 168.66 - 1.26 -0.74 +425 

Raw Materials 185.03 -0R3 -0.45 +5.50 

Service 158.41 +O.B9 +0.44 +15-36 

Utmes " 14334 +0.34 +034 +0.33 

7ha international HaiaU Tribune MtoM Stock tads* C tracks the U.& dollar vobss o! 
280 Inumatiormfy meotabla stock* from 25 counrria*. Formorektlonnitlon.atrao 
booklet bavaBabia by writing to The TtibktdBx.1 81 Avonuo Charles da GauBa, 

92521 NouSyCedax. Franco. CompBod by Bloomberg Afews. 


167.18 

-0.30 

-0.18 

+12.10 

125.17 

+1.32 

+1.07 

+1.41 

175.01 

. -0.63 

-0.36 

+8.57 

192.94 

-2.00 

-1.03 

+19.16 

156.50 

+2.02 

+1.31 

438.76 

205.34 

+0.37 

+0.18 

+20.14 

187.70 

-1.71 

-0.90 

+16.27 

195.93 

-0.63 

-032 

+14.77 

124.70 

+0.37 

+0.30 

+7.08 

168.66 

*1.28 

-0.74 

+435 

185.03 

-0.83 

-0.45 

+5.50 

158.41 

+0.89 

+0.44 

+15.36 

14334 

+0-34 

+034 

+0.33 


DahreSec 

DW 

Denso 

East Japan Ry 
Etaal 
F0BUC 
FuflBank 
FoB Photo 


HadqnriBk 
Hitachi 
Honda Motor 
IBJ 
I HI 
Itadw 
Ita-Yokmto 
ML 

jokbiToIxiocd 

Jusco 

Kapn 

KanaalBK 

Kao 

KmMBOfelHvy 
Knwo Stael 
KtaUNfapRy 
KMn Brewery 
Kobe Steel 
Konotau 
Koholo 
Kyocara 
KmhuEiec 

LTCB 

Marubeni 

Manri 

Man Cana 

Mafau Elec lad 

Matsu Else Wk 

MMubtaM 

MteubisWOl 

AWsubtarta 

MteutasM Es? 

MBsobtaMHw 

MltaabtaM Mot 

MteubfaHTr 

Mltart 

MBsulFodean 
Mitsui Tn* 

NUmtaMg 

NEC 

Mm 

NftkoSoc 

Mnlenda 

Nippon Sled 
Nissan Motor 
NKK 

NoflioraSec 

NTT 

NTT Data 
OiPomr 


Ricoh 1500 

Rohm 1150) 

Saturn BK 717 

Sankyo 3690 

SanwnBank 1470 

Sanyo Elec 506 

Secure 8270 

SelbuRwy 6180 

SeKtertChero 1220 

Sefctaul House 1210 

Sevan-Eleven 8560 

SMTP _ 1570 

SlftotoiEIPwr 2000 

Shtrotlu 704 

Srtn-ebu Clt 270 

SMsddD 1740 

ShbuokaBk 1180 

SaflbanK 7950 

Sony 9900 

SumBom 1030 

SumBmo Bk 1630 

SundChem 498 

SumBmo Bee 18* 

Sums MeW — 

Sum# Trust 
TalAoPharm 3050 

Tafceda Oram 30* 

TDK 8790 

TOhokuEIPwr 2040 

TotolBaik 9B3 

ToUa Marine 1430 

Tokyo El Pm 2290 

Tokyo Eledron 5230 

Tokyo Gas 315 

TokyuCoip. 692 

Tonen 1420 

TappmiPita} 1620 

Torarlnd 392 

Toshtoo 727 

Tostam 3140 

TayoTrast 809 

Toyota Mrtor 3530 

Yaroaaouotf 2940 

w* mb: *1000 



Law Close Prev. 

B46 860 8S2 

i B630e 8700a 8650a 
i 2870 29* 2850 

i 5570a 5680a 5560a 
i 2340 Z350 23* 

i 4160 4270 41* 

1500 1520 ISO 

4590 4690 4540 

1380 1400 13* 

1100 110O 1110 

1230 1240 1230 

3490 3590 3540 

1390 WOO 1400 
465 458 

625 618 

S7U0 6710 6740 
527 525 529 

0980a 0990a 0910a 
4080 4110 4070 
651 669 646 

2250 23* 2260 

1550 1560 1530 

535 520 

360 352 

701 700 

11* 1160 11* 
227 225 

B87 

555 551 

7890 8060 7850 

2030 2050 2020 

375 382 376 

507 519 512 

21* 2240 21* 

3540 3620 3490 

2190 2230 21* 

1200 1300 1290 

1370 13K> 13K 

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663 

IS* 1600 15* 
857 
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1570 16* 1590 

1000 1020 1010 
1440 14* 1440 

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44* 44* 4470 

1600 7640 1590 
1840 19* IBM 

705 705 706 

89* 8930 8850 

912 92 9 

603 615 

345 355 351 

780 709 739 

243 246 245 

14* 1490 1*0 

106* 10006 1Q5* 
410* 43006 415* 




CdnNalRn 

CdnOcdd Pel 

CdnPaOBc 

ComfncD 

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Daretar 

Donohue A 

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Edper Group 
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Fletcher CtaS a 
F ranco Nevodo 
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Imperial OQ 
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Noran Energy 
Nriiera Telecom 

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High Law Close Prw. 

37X0 36M 36J0 37X5 
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37X5 3<15 3670 37X5 
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345 339 345 340 

31.40 30ft 31 31* 

2314 23 23 2355 

7370 71 ft 7170 7170 

1X70 1Z40 12X0 1270 
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46.10 45* 45* 4 £95 

4365 43+5 <155 43.40 

1895 1845 18* 18* 
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2040 19.90 20 20ft 

75V4 74* 74X0 75X5 
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31.10 30.90 30X5 30* 
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32V* 3140 31* 32* 
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119ft 116ft 116ft 
lift 1140 lift 11* 

26.95 26ft 26* 26* 
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23X5 22* 22ft 23ft 
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15X5 14XS 14X5 15.15 
115L15 113ft 113X5 1151* 
42ft 4140 4245 41.95 
3740 36ft 36X0 37ft 

25 2415 3480 25 

54ft 5335 StiJS 54ft 

59 57* 58.10 59 

25* 24X5 24X5 25* 
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46 4485 « 46.15 

31 2940 2940 3060 
4240 41ft 41ft 42ft 
2440 24 24 2440 

29X0 29% 29* 2965 

4245 4165 42 42* 

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53* 52* 33X5 53* 
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11100 11500 
708 716 

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502 506 

8100 8260 
6100 6180 
1200 1220 
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8470 8560 

1530 1560 

1980 2000 

689 704 

2700 2760 

1710 17* 

1150 1170 

7780 7950 

96* 9900 

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1600 16* 
486 498 

1B40 1880 

313 32D 

985 10* 

3000 3050 

2940 3000 

85* 87* 

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970 983 

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2270 22* 

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687 — 

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PAGE 14 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 




Wednesday’s 3 P.M. 

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Sony Talks 
To Toyota 
On Venture 

Companies Consider 
jointly Making LCDs 

Ci^ipilnlbyCkfSi4ffnymDu/ta.hn 

■- TOKYO — Sony Corp. and 
Toyota Motor Corp. are exploring 
ways to jointly produce liquid crys- 
tal display panels in on attempt to 
break into a market dominated by 
Sharp Corp., Toshiba Cop. and In- 
ternational Business Machines 
Corp., Sony said Wednesday. 

• Tire companies have not reached 
any agreement on the size of the 
investment, the location of the plant 
■or when h would be built, said Hiroy- 
asu TakagL a spokesman for Toyoda 
Automatic Loom Works Ltd., the 
founder of the Toyota group. Sony 
confirmed that the two companies 
were discussing a joint venture. 

U| Analysts said the move made sense 
for Toyota, which wants to use cash 
preserves to diversify. In return. Sony 
■would get a solid financial backer in 
■the expensive business of manufac- 
turing the displays, they said. 

‘'Sony’s motivation is to reduce 
the risk by having a partner.** said 
Yoshiharu Izumi. an electronics 
■analyst at UBS Securities Ltd. 

Liquid crystal display panels dis- 
play sharp images for many uses 
including car navigation systems 
And hand-held video cameras. 
Toyota, the world's third-largest 
■automaker, expects the navigation 
systems to become standard on most 
higher-priced cars, Ed Brogan, an 
■auto analyst at Salomon Brothers 
"Asia Ltd., said. 

- Toyota also foresees the systems 
developing into powerful computers 
linked to data sources outside the 
^car, he said. 

*: "Toyota's vision is that people 
•are going to be using tbeir cars to 
send and receive data and to do all 
'types of things," Mr. Brogan said. 
■Sharp is the top maker of the dis- 
^plays worldwide, with about one- 
■lhiiri of the market, said Hitoshi 
'Wakita, a spokesman for Sharp. 

'• Sony and Toyota plan to spend 
"between 50 billion and 60 billion 
-yen (5428 million to $514 million) 
*pn the venture, the Nihon Keizai 
■newspaper reported, without citing 
■sources. It said each company would 
~ho!d a 50 percent stake and that 
■production would start in late 1998 
or early 1999. 

(Bloomberg News, AFX) : 



Japanese Bonds Fall 

Signs of Growth Arouse Rate-Rise Fears 


Investor 5 


Bloomberg News 

TOKYO — Bond prices fell Wed- 
nesday, propelling yields to their 
highest dose in more than six 
months, on growing signs that Ja- 
pan’s economic recovery might be 
strong enough to prompt the central 
bank to raise interest rates sooner 
than expected. 

“Bonds had been rising on three 
assumptions: strong investor de- 
mand, a weak economy and problem 
debts weighing on bonks,*’ said 
Yoshihiro Kim of Yamakhi Secu- 
rities Co. “The validity of those as- 
sumptions is starting to fade." 

Mr. Km said the central bank could 
raise interest rates as early as July. 


Noboru Iwamaisu, chief bond market 
analyst at DKB Securities Co. 

The answer may come Thursday, 
when the government releases in- 
dustrial production dim for April, he 
said Average forecasts call for a rise 
of 1.1 percent, after a fall of 03 
percent m March. 

If the numbers are strong, the Bank 
of Japan may be tempted to raise rates 
from their current historic lows. The 
central bank has kept its official dis- 
count rate az 0.5 percent since 
September 1995.^ The Bank of Japan's 
governor, Yasuo Matsushita, said last 
week that the economy ‘ ’remains in a 
stage of gradual recovery." 

Ci another sign of recovery, Jap- 
anese vehide exports rose for the 


Hong Kong 
Hang Seng 

14500 

14000--- — > 

iaM iinJ*lfi”" / 

13000^f— -Ip j 
12500 

12000 n i'c" 1 »*• »’ la 


Singapore Toxyo 

Straits Times Nikkei 225 

J 2250 - "Ml 22000 

— V 2200 '-V\i 210CQ^— 

- j ^ ;\;A> 19000 T— jr ~ A- ■ 

2000 - — V- 15000 — 

A M ’^D’j'F'TAM IiQOOq j p” M A M 
1997 1996 1997 1996 1997 

Index Wednesday Prev. % 

Close Close Change 

Hang Sang 14^56.43 14.S4Q.16 -fQ.lt 

Straits Times 2,064, 36 2,076.01 -0,56 

Afl Ordinaries 2,585.20 2,578,90 +d24 

Nikkei 225 2035134 1938939 +2.32 

Composite 1,09633 1 , 081.88 +1.34 

SET 56233 569.B4 -1.23 

Composite Index 738.12 723.35 +2.04 

Stock Market Index 8,058.46 8,12336 -030 

PSE 2,72237 2.710.91 +0.43 

Composite Index 67230 668^ +0.55 

NZS&40 W3237 27321.52 +4X49 

Sensitive index 3.68531 3,692.55 -030 


Tokyo 
Nikkei 22S 


D j F M A M 
1996 1997 


D JF MAM 
1996 1997 


r D J F M A M 
1996 1997 


Exchange 

Hong Kong 
Singapore 

Sydney 

Tokyo 


Ton YaamWAion F ram r-f im e 


Former Nomura Official Met Gangster 

SeLsuya Tabuchi, former chairman of Nomura Securities Co., 
listening to questions Wednesday from a parliamentary committee 
in Tokyo. During the hearing, Hideo Sakamaki, a former Nomura 
president, said he met with Ryuichi Koike, a sokaiya, or corporate 
racketeer, in 1992, casting doubt cm his contention that top 
executives at Nomura did not know about payoffs to Mr. Koike. 


production to use despise an increase 
m consumption taxes, and investors 
and analysts have grown optimistic 
that banks win overcome their prob- 
lem loans as land prices stabilize. 

The price of the benchmark No. 
182 government bond, due Scot. 20. 
2005, fell the equivalent of 123 yen 
for each 50,000 yen ($428.63) in race 
value. The bond’s yield rose 3 J basis 
points to 2.68 percent, its highest 
close since Nov. 12. 

Still, traders* opinions are split as to 
whether a rise in 10-year bond yields 
to 28 percent can be justified, said 


Bandai President to Quit 

Poor Earnings Add to Toymaker’s Woes 


Caepdal bj Our Sn& From Ckqxed«3 

TOKYO — Bandai Co. said 
Wednesday that its president, 
Makoto Yamashina, would step 
aside to take responsibility for the 
failure of a planned merger with 
Sega Enterprises Ltd. 

“We have not made any formal 
decision," a Bandai executive said. 
"But we’ve confirmed that Pres- 
ident Yamashina personally intends 
to resign to become chairman in 
order to take the responsibility for 
the cancellation of the merger.” 

Bandai, known for its Power 
Rangers series and the “virtual pet" 
toy Tamagotchi , may make a formal 
decision on the personnel change at 
a board meeting Thursday, die ex- 
ecutive said. 

“The resignation shows the com- 
pany’s management structure is 
weak," said Takeshi Yamaguchi, 


fund manager at Taiyo Investment 
Trust & Management Co., "and 
that’s bound to turn off investors.” 

Bandai shares fell 3 percent Wed- 
nesday, to 2,670 yen ($22.88), 
largely because of the cancellation 
of the merger. Sega’s stock, mean- 
while, rose 2 percent, to 3,780. 

After die marke t closed, Bandai 
disclosed more bad news in the form 
of poor earnings for foe year that 
ended March 31. 

The company reported a group 
loss of 7.98 billion yen, reversing a 
profit of 1036. billion yen the pre- 
vious year. 

Despite foe poor figures, Bandai 
said it would return to profit in the 
current business year. It forecast a 
group net profit of 23 billion yen, 
helped by the runaway success of 
Tamagotchi, a toy featuring an elec- 
tronic pet biind. 



ffimimrT Hrj |— iTTfirn 

Makoto Yamashina of Bandai 

Sega and Bandai have said they 
st31 plan to pursue business links 
covering such areas as the sharing of 
entertainment characters, retailing, 
consumer products, manufacturing 
and distribution. 

( Reuters , NYT, Bloomberg) 


1 lfo straight month in April as over- 
seas demand soared with the yen’s 
decline against the dollar. 

Exports rose 18.5 percent in April 
from a year earlier, to 362399 units, 
the Japan Automobile Manufacturers 
Association said. 

Exports to foe United States, 
which make up about one-third of 
Japan’s total car exports, rose 11.7 
percent, to 100,966 units. Exports to 
foe European Union rose 24.4 per- 
cent, to 80,958, while exports to the 
rest of Asia rose 11.1 percent, to 
56312 units. 


Taipei Restricts 
Investments 
On Mainland 

Reuters 

TAIPEI — Taiwan on Wednes- 
day announced new restrictions on 
investments in China, including a 
$50 million limit on individual proj- 
ects, but Taipei vowed to drop the 
rules if Beijing renounced foe right 
to retake foe island by force. 

“At a time when cross-strait re- 
lations are so tense, we do not wish 
to have overly large investments." 
Economics Minis ter Wang Chih- 
lomg said. 

Taiwan companies are also for- 
bidden from July 1 from investing in 
Chinese infrastructure projects such 
as water works, railroads, harbors, 
airports, roads and power plants. 

The ministry said exceptions 
could be granted for largo- projects 
that promote “sound interaction" 
or benefit Taiwan’s economy. 


Kuala Lumpur Composite 
Bangkok SET 

Seoul Composite 

Taipei Stock Mark 

Mange PSE 

jitaiSt Composite 

Wellington NZS&40 

Bombay Sensitive ir 

Source: Tetekurs 


Hang Seng 
Straits Times 
Afl Ordinaries 
Nikkei 225 


Inicnuiuinjltlcrak! fnhonc 


Very briefly; 

■ Nicholas-Applegate Capital Management LP will buy 
Credit Lyonnais SA’s Hong Kong-based money-manage- 
ment unit. Credit Lyonnais International Asset Managemem- 
Asia; foe price was not disclosed. 

• Daihatsu Motor Co.'s group profit and sales rose to record 
highs in the year ended in March, buoyed by strong sales of 
recreational vehicles. Group net profit rose' 168 percent, to 
19.73 billion yen (SI 69.1 million), as group sales rose 3.9 
percent, to 90936 billion yen. 

• Nippon Credit Bank, one of Japan's three long-term credit 
banks, will close a Swiss subsidiary as part of a restructuring 
plan in which it will close or sell its six overseas units. 

• Shanghai Three Gun Group Co„ China's largest knitwear 
manufacturer, will issue shares on the Shanghai exchange to 
try to raise funds to upgrade its products to export quality. 

• PT Astra Internationa], Indonesia's largest automaker, 
said first-quarter profit jumped 63 percent, to 1 19.82 billion 
rupiah ($49.1 million), as sales rose, its tax rate fell, and 
minority interests in subsidiary companies declined. 

•Japan's biggest semiconductor maker, NEC Corp., signed 
an agreement with a Chinese partner, Shanghai Hua Hong, to 
set up a $1 billion chip plant in Shanghai. 

Bloomberg. Reuters. AFP 


ANZ Chief Rites Rack at Canberra 


Bloomberg News 

SYDNEY — Australia & New Zealand Banking Group 
Ltd-’s chief executive, Don Mercer, lashed out at the gov- 
ernment Wednesday after Australia's treasurer criticized banks 
for passing along to borrowers only some of the Reserve Bank of 
Australia’s recent half-point cut in its benchmark interest rate. 

Saying he was "very disappointed" by the criticism. Mr. 
Mercer said ANZ had cut rates more than the central foe bank 
had this year. 


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PAGE 17 



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PAGE 18 


Sports 


THURSDAY, MAY 29, 1997 


World Roundup 


4 Riders Are Banned From Giro 


cycling Four riders were banned from the Giro 
d’ltalia race Wednesday after failing surprise blood tests. 
Thierry Laurent of France, Vladimir Poulnikov of 
Ukraine and the I talians; Marco Gili and Roberto Moretti 
had red-blood-ceil counts that were too high, officials 
said 

The International Cycling Union said the riders could 
not compete for IS days because they were not medically 
fit- The pre-race tests were introduced by the ICU earlier 
this year, and Wednesday's action brought to 10 the 
number of riders sidelined by the new procedure. 

Excessive levels of red blood cells can be a sign of use of 
Erythropoietin, a banned substance that cannot be detected 
in standard urine tests. But the red-blood-cell level can also 
be raised naturally, such as through altitude training. The 
ICU says the controls are necessary for riders' safety 
because heavy use of Erythropoietin can thicken the blood 
and lead to the risk of thrombosis and heart attacks. 

Gabriele Missaglia beat three other riders in a spirited 
sprint finish to win the II th stage Wednesday. (AP) 


Ronaldo May Be Leaving After All 


soccer After two days of uncertainty about the future 
of the Brazilian striker Ronaldo, the FC Barcelona chair- 
man, Jose Luis Nunez, said Wednesday that negotiations 
had broken off and that he expected the player to an- 
nounce an agreement with another team. “Ronaldo is 
leaving us," Nunez told the state news agency EFE. 
Nunez said he felt the 20-year-old had already reached an 
agreement with the Italian side Inter Milan before- 
hand. (AP) 

• UEFA will establish a fund to provide compensation 
to amateur and small professional clubs when they lose 
their best players to bigger clubs without a transfer fee 
being paid, its executive committee decided. (Reuters) 


In the Mud, British Lions Rally to Win 


rugby A try seven minutes from time by Rob Wain- 
wright saved the British Lions from defeat by Bonder in a 
mud bath in East London, South Africa. In sodden con- 
ditions, the Lions trailed by 14-10 going into the final 
quarter Wednesday, and a repeal of Border's 1955 victory 
over the visitors appeared a distinct possibility before 
Wainwright’s try. (Reuters) 

• The Pacific nations of Fiji, Tonga and Western 
Samoa said Wednesday that they would apply as one team 
to take part in next year's Super 12 series. (Reuters) 


Riddick Rowe’s Next Line of Work 


boxing Riddick Bowe has gone job hunting again. 
Less than a month after he retired from professional 
boxing and three months after he quit the Marine Corps 
Reserve, the former heavyweight champion has applied 
for a $10.49-an-hour job as an assistant security staffer 
with the Prince George's County school system in Mary- 
land. ‘ ‘Mr. Bowe told us he has nieces and nephews in the 
school program, and he wants to give back to the com- 
munity,'* said a school spokesman. Bowe retired from 
boxing with a net worth of $30 million. (WP) 


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Sampras Crushes Spaniard 




World’s No. 1 Continues Relentless Advance : 


By lan Thomsen 

International Herald Tribune 


jack Dalu fiton /fle utmj 

Pete Sampras, hitting a forehand against Francisco Clavet at the French Open. 


Manchester’s Darkest Loss 


PARIS — No. 1 Pete Sampras continues to 
be awesome. His 6-1, 6-2, 6-2 victory over 
Francisco Clavet of Spain put Sampras into 
the thud round of the French Open in just 87 
minutes. Already he has dominated a pair of 
clay-court specialists who in other years 
might have teased and manipulated him. Five 
matches of increasing difficulty are sepa- 
rating him from his only Grand Slam title 
lacking, bathe suddenly, almost dramatically, 
looks tike the man to beat 

“I didn't know how sharp I was going to 
be," said Sampras, who hadn’t won a match 
on clay before this tournament and wasn’t 
able to practice last week because of a thigh 
injury. “I feel like if I’m hitting the ball like I 
am, serving well, 1 feel like I’m going to be 
pretty tough to beat." 

Sampras wasn’t the only fine performer 
Wednesday, bur be and ah the others were 
obscured by the apparently unimpressive Jeff 
Tarango, who is the Rupert Pupkin of tennis. 
Tarango, the American ranked 74th in the 


Fiingr OpinTinnii 


Survivors of 9 58 Plane Crash Recall a Special Team 


By Peter Berlin 

International Herald Tribune 


MUNICH — They sat to- 
gether over coffee on Wed- 
nesday morning at the 
Olympic Stadium: eight men 
in their late 50s and 60s, re- 
miniscing and gently teasing 
one another the way old team- 
mates do. 

They are the eight remain- 
ing members of the team that 
never grew old. They had 
been brought together in Mu- 
nich for Wednesday even- 
ing’s European Cup final be- 
tween Borussia Dortmund 
and Juventus. 

The team represented by 
the eight men is forever as- 
sociated with the European 
Cup even though it did not 
win the competition or even 
reach the final. The team is 
also forever linked to the city 
of Munich by the disastrous 
events of one winter night 39 
years ago. 

On Feb. 6 , 1958, 

Manchester United, tbe. Eng- 
lish champion, was eo route- 
to Munich after eliminating 
Red Star in Belgrade in a 
European Cup quarterfinal. 
The team’s plane crashed at 
the Munich airport 

It was a very special team 
that enjoyed a remarkable 
flowering of young talent 
The club was nicknamed the 
Busby Babes after Matt 
Busby, the manager who had 
assembled it 

Seven players died in tbe 
crash. An eighth, the great 
Duncan Edwards, died 15 
days later. In all, 23 people 
were killed in the crash. The 
men gathered in Munich on 


Wednesday were the eight 
players who survived. 

They sat in a row on a stage 
and tried to describe how they 
felt It was a strange and 
powerful mix of emotions. Sir 
Bobby Chariton, who went od 
to win the European Cup with 
United in 1968, spoke in a 




voice cracking with emotion. 
Albert Scanlon, one of the 
team's wingers, furtively 
flicked away a tear. Yet there 
was still the teasing and jok- 
ing, the soccer player's de- 
fense mechanism, even on the 
darkest subjects. 

“My memories are a 
blur," said Bill Foulkes, an 
England international right 
back. “We (hove back from 
the airport through die fog 
breaking every speed limit" 

Dennis Viollett, another of 
the dub's intemationai play- 
ers, added: "Wife your hands 
round fee driver’s throat ’’ . 

: .,.“Yes," saidFoulluss. .. 

, ,, "It was a Volks wagen coal 
wagon.' ' said Harry Gregg, a 
goalkeeper and yet another 
international, for Northern 
Ireland. “Dennis, Bill, others 
and myself went through fee 
snow in an old wagon wife 
coal lying in tbe back. We 
were helped by the ordinary 
people." 

Scanlon said: “I have not 
seen Munich airport for 30 
years. I'd not seen it in day- 
light before. It was a very 
emotional thing. Just these 
last few days have done me a 
lot of good. I’m glad I came. It 
had to be done. I would not 
have done it by myself, I’m 


glad I did it with friends." 

He flicked a finger across 
his eye and lit a cigarette. 

The most- famous of fee 
survivors finally spoke. His 
words at first catching in his 
throaL 

“There isn’t a day that 
goes by I don't remember 
what happened and fee 
people who are gone," said 
Charlton. "Manchester 
United at that time were going 
to be (me of the greatest teams 
in Europe. The accident 
changed everything. Tbe fact 
that the players are not here 
and are never going to be 
judged is sad. They’Ll never 
grow old" 

Each survivor in turn — 
including Kenny Morgan, a 
Welsh winger, and Ray 
Wood, an English goalkeeper 
— remembered warmly what 
it was like to be young and 
talented and destined for 
glory wife no greater worry 
than the ferocious competi- 
tion for places in fee team. 
Each talked of their, emotions 
today lookingvbacjc. at fee 
crash that ended that golden 
youth. 

They are also survivors 
from a different era of pro- 
fessional sport Only one 
player, they recall, even 
owned a car. 

Each took care to thank 
UEFA, the governing body of 
European soccer, for inviting 
them. At the end Viollett 
picked up the match program 
lying on the table in front of 
him and asked if he might 
take it as a souvenir. 

And then tbe eight fanner 
players headed out into fee 
glorious Munich sunshine. 


world, acted in his showcase match like 
someone who practices his game every night 
alone in his parents' basement. In “The King 
of Comedy," the character Rupert Pupkin 
(played by Robert DeNiro) kidnaps an Amer- 
ican talk-show host and replaces him on stage 
to become instantly famous. That, basically, 
was what Tarango tried to do in his four-set 
loss against No. 5 Thomas Muster of Austria, 
the 1995 champion. 

Tarango showed up in a white terry base- 
ball cap more common to a day at the beach, a 
plain baggy white shirt and plain white shorts. 
Amazingly, there was no sign of corporate 
sponsorship on bum anywhere. He bad one of 
those nasal-enhancing bandages across his 
nose. In tbe first set of his 7-5, 1-6, 6-2, 6-1 
loss, Tarango mocked fee former champion 
— who is an enthusiastic weightlifter — by 
walking across the court wife his fists 
squeezed together, his muscles all coiled and 
his cheeks ballooning wife air. Muster is also 
a heavy grunten In fee first game of fee 
second set, Tarango grunted so loudly in 


baseline and shouted, “Good toy Tommy.. 
The next time Muster had a smash he almost 
hit Tarango. splitting the shot between -Iris 

l6 ^i knew he was going to try to hit me wkh 
that overhead," Tarango said, nodding. . 

A tournament supervisor sat in a < chair m fee 
players' entrance to the court tike a school 
principal outside a classroom. Tarango con- 
tinued to clear his throat during ground- 
strokes; he pointed the handle of his racket out 
at Muster like a sword. But he ultunateay 
sabotaged hims elf on a crucial game point 
early in the final set, when he inexplicably 
served underhanded to an opponent who was 
already looking for opportunities to commit 
violence which might be found acceptable py 
a jury of his peers. Muster stomped aU o' 
that shot and woo fee next two points for 1 
service break. 

After his first-round victory this 
Tarango did not shake hands with Ms 
FitippinL (It was not clear which of them 
refused.) Two years ago at Wimbledon, -it 
might be vaguely recalled. Tarango was fined 
and suspended for quitting a match and ac- 
cusing fee French umpire, Bruno Rebeuh,’ 4 »f 
favoritism, an incident feat ended .wfth 
Tarango 's French wife slapping fee umpifrgs 
face. This match ended wife Muster winning 
all but three games in fee final two sets, anenje 
must have been horrified to be booed off t§ e 
Court Suzanne Lenglen by the crowd after-fle 
refused to shake Tarango’s hand. Taran^to. 
moments later, exited to cheers. He turned' 
waved and blew a kiss, just like Rupert Ptf^ 

the tournament will survive 

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kin. 

Somehow, 
without him. 

More routinely, the defending champic 
No. 3 Yevgeni Kafelnikov of Russia, sc 
7-5, 6-3, 6-4 victory over one French 
Cup hero — Guillaume Raoux — only fey 
scheduled in the third round against anotfr* 
That will be Cedric Pioline, who beat Gas 1 


Etlis of Argentina in four sets. 
No. 9 Carl 


os Moya of Spain lost to Ins 
countryman, Albert Portas, 6-4, 4-6, 7-5,;^jp 




3. 


response that the umpire stopped the point in 
tiet-Tara 


mid-rally and asked for quiet. Tarango argued 
that Muster was the loudmouth. 

“At some point it’s just like an echo in my 
head, he’s grunting just too much," Tarango 
said of Muster. “He’s grunting when Fm 
hitting the ball, he’s grunting when he’s hit- 
ting the ball, he’s grunting when Fm tossing 
the ball to. serve. I mean, he's grunting a 

lot-. ■ - • -t • ■ * . 1 ••• ... . 

-ZFrom that moment throughout, fee 32- 
minute set, Tarango commanded Muster’s 
stage. For seven games he did everything he 
ever would have imagined being able to do 
against a French Open champion. At a press 
conference afterward, when Muster admitted 
feat he had been distracted in fee second set 
and implied that his opponent's conduct was 
unprofessional, Tarango responded caustic- 
ally, “Well. I think probably his ego was just 
a tittle braised. He has such a big ego that if 
you take just a little bit of his limelight it bugs 
him." 

The second half of the match degenerated 
quickly. When Muster turned Jus back. 
Tarango lifted his arms in a Mr. Universe 
pose. When Muster landed a smash to break 
ahead for good, Tarango didn't move for the 
ball — be just leaned forward from the 


There were no startling upsets in women’s 
play. No. 2 Steffi Graf beat Amelie Mauresmo 
of France, 6-3, 6-3. No. 4 Jana Novotna of the 
Czech Republic moved into fee third round 
wife a 6-4, 6-0 victory over Jana Kandarnof 
Germany, *• 

Early in fee day, Goran Ivanisevic, fee No. 
4 seed who had been knocked out in the first 
round by Magnus Gustafsson of Sweden, was 
back playing doubles 1 8 hours later. His part- 
ner was his fellow Croatian, Sasa Hirszon. 
They wore matching outfits of orange and 
blue trim. In fee Olympics and otter, mgps 
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country , but this mate! 
broken. ... * 

On the court next door. No. 8 Alex Correia 
of Spain was overcoming Jens Kcipps child of 
Germany by 4-6, 6 - 1 , 6-1, 7-6 (10-8). They 
were rooted on hungrily by many hundreds of 
the children who had been invited on their 
annual day to Roland Garros. The excitemept 
of their fourth-set tiebreaker next door 
seemed to prod Ivanisevic through his own 
second set, which the Croatians won to ey^n 
their doubles match. At last Corretja moved 
on to fee third round, his stadium next door 
was drained of the energy that surrounds oiriy 
the contenders, and as Ivanisevic sat on fes 
bench in between games there was almost 
quiet. He and Hirszon lost their third set, , 
and the match. 


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5 

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9 


AMERICAN LEAGUE 

Aflobetnl MS 000 032-2 5 • 

Detroit 001 211 18*— 4 7 0 

Perisho. Hosegowa (41. DeLuda (B) add 
KrcuKc J .Thompson, r Jones 0W, BrocaD 
(9J. M. Myers (93 and Casanova. B. Johnson 
(3J. W-J. Thompson, 5-1 1 -Perisho, 0-1. 
Sv — ail Myers CO. HRs— Anahelnv Lefrtft 
(7). Detroit Fryman W. 

MMWttt in M 0 000-4 B 0 

Boston 130 m 10 *— 7 10 3 

J Mercedes, Adansoa (41. Wdonafl (7) 
end Mammy, Levis TO: Gorton. Lacy O. 
Hammond P). Cart (71. Stoannb W and 
Hattebag. W-Cont 1 - 1 . L-Adamson, 1-1. 
S*- 6 toain* £5). HR— Bostoa Jefferson (71. 
Tans 2M 510 340-15 14 0 

Toronto 010 010 021—5 10 2 

BurKett YMPstdo IS>. X H*m* d*r W 
and I. Rodriguez: Person. Spoferfc (A. 
QaMiw (7), Ptesac CM ond O'Brien. 
W-BudWt L-Assoa W. 

HR— Toronto. Delgado (81. 
arnhnd *» 010 010-2 4 0 

CMam W 2 «0 Oto-S 10 1 

AXopotGtin** tSLAtwrocDratoefc Stems 
(to McEtror (91 art FOtwoK. W— Orahefc 
A. 3 . L— A. Lopez. 2-3- HRs— GevOanit 

Theme 001 . _ 

BoWmerr 032 0*0 000—10 10 1 

He* York 011 020 9 2 

KjamteniecU. B. WtUtams (to T. Mathews 
<7J, <ws» (to A£enttez 0 ) oM Ho «« 
KJttgas. Madr C0> ^ ***• 

(71, Stanton (HI and G™*- 
W— KanderteeH, M. LHC^HogQto 
5* — Benitez (41. WH -Baflto wre. 

Hum moods H). New Yort. T. MOrtnw 0®. 
OoHoorf 00B 0M 003 S—B 7 0 

KOKHS aty 000 200 001 3-4 W 1 

COMBOS) 


Oqutst Mahler GB), Taylor (0), A. Small 
(10)> D. Johnson (T01 and G.Wfffama. 
Posada Pichardo (to J- Walker (10). j. 
Montgomery (10) and Mactariane. 
W-Ttaytar. 2-3. L — Plcharda M. 5s-D. 
Johnson (1). HRs— Oakland, SptezSo (7), 

McGwire 071. Kansas City, Patwelte Ml, 
Cooper C2J, 

Seattle IDS 101 200-10 12 1 

Minnesota DOS 020 014—11 14 0 

Lowe. Haftemer (4), M. Maddux (61, Ayala 
(91, Chariton (91 and D.WBson; Jarvis. Aldred 
(31, S winded (4), Guardado (8), Agutlero (B) 
and Stetnbach. W— AguOmu 3-1. L-Chariton. 
2-4. HRs— Seattle, Buhner (12). Griffey (23). 
Minnesota, Cortfow 2 (3). Becker (3). 
NATIONAL LEAGUE 

Houston 000 301 000 0-4 12 0 
San Francisco IN HI OH M 7 2 
(10 lantern) 

Hampton, R. Garda (4), Martin (7). R. 
Springer O), B. Wagnw (9) and Ausmus; 
Gardner. Aroctn (4), Roa (7), Beck (TO) and 
Jensen. W— Beck, 3-1 L-B. Wognet, 2-2. 
HR— Son FrandscA Kentni). 

St Louts 210 3M 200-8 13 2 

Colorado BOO 401 10O—6 14 a 

ALBenst T. J-MuHwws (7), Fosses (8), 
Eckendey (9) ond Dttcfiee; Thomson, 
Leskanic (S). Dlpoto (6). McCurry (SJ and 
Je-Reod. W— ALBenes. 4-4. L— Thomson. 0- 
4. Sw— eckerstcy (01. HR— Si. Louis. 
Lankford W). 

PhttodHpeia on IN MO-2 6 0 

Gnctedtf 001 000 000-1 7 2 

SctmQng ond Lieberthal; Tomka BeBnda 
(71. ttamUtger (81 and Oliver, Fontyce (7). 
W— Schteteg, 7-4. L— Tomka o-l. 
HR»— PhBodHphla, Brogno (8). 

CUcaga IN 303 100-8 12 1 

P m H kHqfl 110 Ml 013—7 12 0 

J -Gonzalez. Wendell (6), Patterson (9), T. 
Adorns (9) and Semis; (Jeter, Ruebel (4), 
Watehoose (7), Sodawsky (71 and KendaiL 
w— J. Gonzalez. 141. L— Ueber, 2-4. Sv— T. 
Adams (4). HRs-Chlarga B .Brown (11. 
Pittsburgh. K. Young (3). 

NewYbrfc on no 000—4 7 0 

Montreal 011 030 Oto-S 12 1 

to dark, Lkfle (S). Kashtnado (4). Trikek 
(B) and Castna Bleser (SI: C Perez. M. 
Valdes (51. TeHwd (4). Daoi (to L 5milh (W 
ana Fletcher. W— to vddes. 2-1 L-M. 
CJork. 5-3- Sv-4_ Smith (4). HRs— NewVork. 
AHonzo (31- Montreal. ReScher (8). 

Attants 010 040 130-9 10 O 

saa Mego IN 100 000-2 12 0 

GJUloddux. Etnbroe (7), Oontz m. 
Borowskl (B), Wohlers (?) and Hogez; 
j.HomBton, Bergman (7), Burrows (8), 
SoeMler (to Hoffman m ana Flaherty. 
W— G. Maddux. ML l— J. HamBloa 3-2. 
HRs— Altanta, Lflfton C3X. McGriff (7). 
Florida 400 220 OBJ— a tr 0 

Las Angeles 3t» in ooo-s 7 1 

AAriter. Stanifer (4), Cook (4). PoweU (7), 
Men CM and CJofinsore Noma Camflota (51, 
Osuna (71« Racflnsky (8). Hafl (?l mid Pktzza, 
W— A. Letter, 4-3. L— Noma, 5~*. Sv-Nen 
03). HR-Lns Angeles, ZeBe »). 


Jr, Seattle. 43i B. eWBUams. New York, «S 
KnoMiuch. Mhmsato JBr F. Thomas. 
Chicago, 4ft ToCtarh, Detroit. 39: Edmonds, 
Areteetan, 3ft Cora, Seattle. 30. 

RBI — Griffey jr. Soafffe 41; T. Atarttne& 
New Yam. 52; ToOtuK, Detroit, 4V; Befle. 
□dcoga 44 F. Thomas. Chicago, 41; 
McGwtto Oakland, 41; E. Marifnez. Seattle. 
39. 

HITS— A. Rodriguez, Seattle. 4ft 
BeWilflams. New York, £7; Cora. SeaTtte, 64 ■ 
G. Anderson. Anaheim. 45; I. Rodriguez, 
Texas, 45; Griffey Jr, Sectlte, 44 E. Martinez. 
Seattle. 63. 

DOUBLES— Sprague. Tororto, 19; O. 
■NetlL New York, 17; Sptezta Oakland TSf 
QrHo. Mihnuhea, 15,- BcWUHams. New 
York, IS; Lawton, Minnesota, 1<- A. 
Rodriguez, Seattle. 14; Merced. Toronto. 14; 
E. Martinez. Seattle. 1 4; Cara. Seattle. 14. 

TRIPLES— Atlcea* Anaheim, « 

Gardapwra. Boston. 3; Daman, Kansas Oty. 
X- Jeter. New York, 1 Knoblauch, Minnesota 
3: Oftermon. Kansas Oty. ft vtzgueL 
Cleveland ft Sy Anderson, Bate mare, ft 
Suibofi, Baltimore, ft DaMaittnez. CMcaga. 
1 

HOME RUNS — Griffey Jr, Seattle. 2ft T. 
Morflno. New York, 1ft T. oOario DtenA 17; 
McGwire, OoUancL 171 Justice. Oevetona, 14; 
Mo. WMaitfe Owetand. 13; Buhner, Seat**. 
12 

STOLEN BASES— B. LHunter. DetrolL 25; 
Knobtauctv Mtnnesoto, 2 & Nixon, Taranto 
19; T. Goodwin, Kansas Oty, 1ft Easley. 
Detroit. 12; Vbquei Owetand. 12; Durhotiv 
Chlcaga 11; BUrnltz. MBwaukee. 11; Buford 
Texos.11. 

PITCHING a DecWoosl— Ofitnens. 
Toronto, 9-0. 1-Ooa 1 j 81; Erickson. Baltimore. 
8-1. .889, 294; Key. Baltimore. 8-1, JHd 2Jft 
Wrtt, Texas. 7-1. .875, XbBi Dickson, 
Anaheteb 6-1, *57, 277 ) Mussina Baltimore. 
4-1. -857, ASH RoJohnsoa Seattle, 4-1, ^57, 
234. 

STRIKEOUTS— Cone, New tan, 85; 
RaJohnson Seattle 81; Oemens. Toronto 
7ft Appier, Kansas aty, 7« Hcntgen, 
Toronto 61,' Alvarez, Chicago. 61; Nagy, 
Cleveland. 57; Novarat Chtaaga 57. 

SAVES — RoMyers, Baltimore. 16; M. 
Rtvcru. New York, t* wettetond. Texas, lit 
Do) ones. MBwaukee, 11; R. HemondSL 
Chlcaga 1ft Chariton, Seattle, Ifc Toytte. 
Oakland, ft AguBeRL Mlnnoseto, 9. 


ECYoung, Cotorado, li Bagwell Houston. 
IS. 

TRIPLES— W. Guerrero. Los Angeles, ft 
D. Sanders. Ctndnnafl, ft Womack, 
Pittsburgh, Si De. SMeltto St. Louts, S; 
Tucker. Atlanta. 4,- McRae. Chicago. 4; 6 are 
Bed with 2 

HOME RUNS— Bagwell Houston, 1ft U 
WaKer, CotorodcL l« CostBa, Caktroda 1ft 
So 30, Chlcaga 1ft Buries, Cotarado, 12 
Mondesi Las Angeles. 11; Kent San 
Frandsm 11; Hundley, New York. 11; 
GakuraacL CokXDdtk 11. 

STOLEN BASES — D. Smdm OndnooH, 
2ft Womack. Pittsburgh, 17) Lofton, Altanto 
lft Clayton. SI. Louis. 15: Do. Shields, SL 
Louis, K- L Castilla Ftortdo, 12; 6 ore tied 
nflftJJ. 

PITCHING a DecWons)— P. J Martinez. 
Montreal 8-d lJXtol.17; Neagle, Attanta 7- 
1, J875, 23ft Gardner. San Franasca 6-1. 
XS7. 222- G. Maddux, Altanto 4-1, £57, 1-57,- 
B. J Janes New York, 8-2 JBOH 241; Estes, 
San Frandsca 4-2 ,75ft 2.75, KBs. Houston. 
5-2 J14. las K. J Brown, Florida 5-2 .714, 
207. 

STRIKEOUTS— ScMflnft PMatMphki, 
93; Noma Las Angeles 80; A. iBenes SL 
Lords 77; K. JBrown, Florida 7ft Reynolds 
Houston, 7ft P. JMoribrez, Montreal Aft 
Sroottz. Atlanta 42 

SAVES— Beck. San Fttmds o x lft 
ToWorreJL Los Angeles, 14 J. oFronea New 
York. 14; Nen, Florida lft Battollca 
PWteadphta. lft Women. Attanta II; B. 
Wagner, Houston. 9; Eckmley, St. Louis. 9. 


Kazakhstoa Ask* 3SJ5; lft Gdterto Staiort, 
Italy, Magflfldo MG. 214. 


"T 

^ISTHEMENAC* 


WDBUI COP QUAUtrirn 

South Korea < Hong Kong 0 

wranunaNurertnDLY 

Scotland ft wales l 


TENNIS 


French Open 


Jowme Walker Ryder Cup 


Japanese Leagues 



W 

L 

T 

Per 

■ GB 

Yakut! 

26 

17 

0 

405 



Hiroshima 

21 

19 

0 

-525 

3tt 

ChunkW 

22 

» 

0 

524 

3'A 

Yokohama 

18 

20 

0 

474 

5'n 

Konshin 

19 

23 

0 

452 

6‘fr 

Ywniufl 

17 

24 

0 

415 

8 


SSandlngn lor 1997 Ryder Cup to be 
ptoyed Steptomber 28-38 et VOktarrama in 
S o to ff r ande. Sprdn: 

UNITED STATES 

I. Tiger woods 1^15JKJ0r 2 Tam Lehman 
854284; 2 Mark O-Meura 801,350; 4. Brad 
Foxon 727JOO; 2 PhB Mkfceison 659.394: 6. 
Swtl Hoch 445.38a 1 7. Davis Lave IN 43000ft 
8. Steve Jones SnjBO; 9. Mark Brooks 
549.750; lft Tommy Tades 549,285; 11. Paul 
StankowsM 502334; 12 David Di/iwM>ftWft 
12 Tom Watson 4I5JM0: 14. Jim Furyk 
07,50(2; 15. Fred Couples 398JM0. 

EUROPEAN TEAM 
1. Ian Woasnam, Wal 444,744 
2 Cmtn Montgomerie. Scenario, 399,706 
2 Darren Clarke, N. Ireland, 337.951 

4. Bernhard Longer, Germany. 337,890 

5. Per-UIrtk Johansson, Sweden. 312315 
4. Miguel Angel Martin Spain. 292237 
7. Costonilno Rocca Itoly, 294,735 

2 Thomas B*orn Denmark, 27453? 

». Lee Westwood. Ena 2S«33 
10. Paul Broodhurst. EnglantL 2U,7Si 
It. Jose Malta Oazatel Spain 199,037 
12 Sam Torrance Scotland 189,344 
12 Peter Mttchefl, England 17BJ85 
Id Jean Van de Vekto France, 175.926 
12 Padralg Harrington Ireland 166.550 


Yokohama ft YakuH ft 12 Innings 
Hiroshima ft Yamlurll 
Chuntcftf ft Hanstiln 4 

Mane uMoi 



G 

AB 

R 

H Avg. 


W 

L 

T 

Pet 

■ GB 

L Walker Col 

49 

186 

44 

76 .409 

Seftiu 

26 

T« 

0 

.619 


GwyimSD 

49 

194 

30 

78 .402 

Orix 

19 

18 

0 

514 

4 ‘A 

BtoirwrAH 

50 

160 

32 

60 J75 

Dotal 

21 

22 

0 

.488 

5% 

Lofton Alt 

50 

216 

41 

75 347 

Latte 

19 

20 

1 

.488 

5% 

H Rodriguez Men 

48 

ISO 

31 

63 J44 

Nippon Ham 

20 

23 

0 

.476 

6 

SegulM#) 

45 

144 

35 

55 J3S 

Kinta&u 

17 

24 

1 

.417 

8'A 

OtervdHYM 

49 

179 

36 

40 335 

vnDNKMT'S BESUtrC 


GafawrogaCal 

44 

179 

43 

59 -330 

Orix 2. Setou 0 






Tucker Alt 

44 

J73 

29 

57 J29 

Nippon Ham U Dotal 4 




EcYoung Cot 

49 

197 

15 

44 .325 

Latte 7. Kintetsu 2 






RUNS— L. Wal ken 

Cotorada 4* 








"■WWteBWOt CUP, 2MB MATCH 
SRI LANKA VS. PAKISTAN 
TUeSOAV. IN CALCUTTA 

Sri Lanka lrmlngs:309 ail out t49 a avers) 
pflktstmr Innings: 224 or out 143,1 overs) 
Result: Sri Lanka won by as runs 

Sit Lanka win besl-af-ihrec Knots M 


FIRST ROUND . . * 

Roller, Australia def. GaudenzL tt.3-4.T^ 
(7-31 4-1 4-4; Carretera, Sp. def. AMBCdSp. 
5-7. 7-6 (7-3). 6-3, 7-5. . 

SECOND ROUND • 

Rasset (IS). SwUz. def. stotenbarg, fltre- 
iraBo. 6-2 6-2 6-4; Medvedev, Ukr. dettfllo- 
ca Sn- 6-4. 6-1 6-4. 

PWlne, F to. def. Ettls, Arg. 2-ft 4-2 6-2 7- 
6 (7-3); Correlja (B), Sp* Oat. KnJftzsdifld 
Ger. 44 6-1,4-1,7-4(10-81. • 

Kafelnikov, Rus. def. Raoux, Fra. 7-5, 4-2 4- 
d- Dewult Bel def. MeHgaa, bm. 44, j- 
ftl-4.4-2 , 

Roux. Fra. def. Lareau, Can. 7s& 4-24-4; 
Steroerinh, Nelli, def. Novamv SpL, 4-1, 4-7 
n-7),4-1.4-2 .« 

Sampras n>.U.S.deL CkweLSp, 6-1. 4-4*. 
ft Encode Fra, dal Stork, U5.W62 4-2 
Champion, Fra. def. Delgado. Par.,64,6- 
2 fr-2 Portas. Sp^ del Maya (9). 5ft. 4-4. 4ft, 
7-5, 4-2 

Muster (5). Aus, def Jraranga U^w 7-5T1 - 
6. 4-2 6-1; PfdllDpciusslS, Aib. def. Dekritre, 
Fra. 4-4 3-4. 4-7,44. 

Kuerten Bra. def. Blarivnan Swe. 64,4-2 

4ft 7-5. - 

WOMEN'S S4NWJCS 

SECOND ROVWD Z 

Schzryder.S witz. def. 5turtenlkova.Stov.6- . 
ft 2-0, retired Novotna (4). Czech Rep. deV ~ 
Kandarr, Ger. 6-4, 6-0. C‘ 

Morttiwi (7), Sp. d«f. Rubin, U.s. 4-3, ftft f 

ArendL U^. def. Gotorsa Ita. 4-2 4-2 “ 

Dragomlr. Rom. del. BosuU, Indon. 7ftJ- 
ft B4L- Coetzer (11), SJVfifco. def. FntzJeiv 
UJ. 7^ (7-5), 64. 

Dhenln Fra. deL Tala |a, cm. 6-2 7ft ■ 
Spktea (13), Rom, def. Gonochotegw, Cg- 
6ft 4ft 62 ; 

Hobsudova (IS), Star. def. uumrHwa, 

Rui_ 6-2 4-ft Graf (2j, Gw. def. MdUl8|te* 
Fra, 6-2 62 - 

Davenport (5), u s, def. Makarova, R At. 
4-1, 4-J; Serna Sp. oh. Kftnuto jfa 
3-4.4-4 4-2 i 

AAoioD i9i, era. def. Fusal Fra, 4-ft+s 
Crassm«LUJ.dW.NefcmaLntvto6ft64- 

BatelGer. itet sukwacze. ift 64.1W1 


Giro d'Italia 


AMERICAN LEAGUE LEADERS 


Justice ae 
Coro Sea 
FTtwroasChW 
Roberts KC 
WOeritTis 
SwtwHBal 
GAndenonAna 
IRodriJuez Te* 
Jv Franco Oe 
ByAndonwil Bat 
EAtarthfttSee 


AB R 

154 35 
174 38 
142 40 
151 18 
127 22 

148 34 
189 27 
191 30 
159 27 
176 32 
188 34 


H Avg. 
61 J91 
46 .379 
61 J77 

53 351 

44 J46 

51 J4S 

45 244 
45 J40 

54 .340 
59 -335 
43 J3S 


RUNS— A. Rodriguez. Seattle, u Grittey 


VUWKUyUx MTOAUW4 tefti MririNN 

Biggto Houston. 37r Buria, Cotarado. 37; 
Bagweft Houston, 3& Olerud, Ne« YOfk. 34. 

RBI— Galarraga Colorotto 49; Bagwefl, 
Houston, 4& L walker, Cotorada 4fc Kent. 
Son Ftoiidsca 44; Alou# Florida 43; Sosa, 
aucofto 41; Qtento New York, 39; Bkhetto 
Cotarado, 39; Gwym. San Dtega 39, 
HITS-Gwyito Son Dtega 7® l, Wotkeo 
CotariRto 7ft- Lofton. Adento 7S D. Sanders, 
CHKinnotl 67; ECYoung, Cotorada M 
BtaBto Hwskto 43; R. «*lto Montreal, « 
K Rodriguez, Montreal 62. 

DOUBLES— Grudzielanek, Montrec* 19; 
h. Rodrtg uzz, Montreal BonWa Baton, 
19s Oayton SL Louis. IBs Brogrto 
PMaadphto 17; L. WatMr, Cotarada 17J 


NBA Playoffs 


wumtH cewnmi fniAU 

(BE3T4JF.SeWHJ 
YBftMMKT'B USKT 
MourtM 27 17 20 27—- 91 

V*88 24 23 24 25— 9« 

H; OtalUVMri 11-18 1 ?-l 3 33: Drerfcr 5-1 S 5- 
6 IS, 0: Malaiu 11-22 7-8 29; Stockton 6.7 4. 
4 17. Retmnds~4iointan 41 (Ototuwon loi. 
Utah 41 (Malone 14). AssR»-4Jevstor I M 
(Barkley 51, Utah 1 7 (Stockton 4). 

(Utah lends rates 3-2) 


LMdlng teoctoiga hr the iBftini flih >taq« 

WMWhfl to Camdng on WbdnoKiay: ?, 
Gabriele MissagUa Italy, Mapd 3 hours 36 
mtodn 24 seconds, 2 Andrea Vatteranl 
itoly. scri^tt sj. a mmo cetesihw, Italy. 

P«»"*ana IWy. Mer - 
crtwie Una ft Francisco Cabalta Sorta 
Kelm e. IS seco nds behtnd, ft Marco Flnaria 
rtBhr, Roskrtto tt. 7, Donleie id poon. nay. 

s-WftCrtattonoFroWnl Holy. Bres- 
ookn, S.U 9 Marta Oootllnl Italy, Saeco lan- 
lft Alessonora SpeztaMtl nay. Batik, tf. 
ovERAixsTAMZHHara l.PowITonkoy, 
34 Minute3 * 

LcWwk ' Flmz ^ Pam. 41 sec- 
K «afy,Socca tai/ra 

25™ i Andrea 

Ptewto itoly. Cantina Tofla 139: ft Andrea 

^'« 2 ?L As,cl VAk 7 ‘ Po *° sawtoew. 
Italy, Roslona ftjkk & Leonanta Ptettetito^ 

Ceromicho Refla 2:40.- 0, AiemndwShefw' 


M » 8 Mi 

AMERICAN LEAGUE 

SALTtMORE-stgned RHP KaGnertan)- 
nor-lea&it eantnta and agslgnnd W » 16 
Rochester, 

^ ««rot»-S«Tt RHP Toby Soriand » Paw 
todiet fL 

«i KACQ^Actentad of Lyle Moutan W« 

1 5-day dbabiMlist. Optioned INF Grafl Nte' 

ton and LHPLDnyThoinasto7taalNflta,5L. 
40nratod LHP Tony Castillo from lJntaydW^J. 
aWedllsr. Pfi, 

Kansu OTv-aameei uhp Lmry Ca)aif?~ 
off wahiere from Chicago Cuba Drotgotee^f 
Tim 5pehrtorostegomer& 

ILY-TAhKEES-PuT RHPBriOh BdBW»f 
“iSHday disabled fcst. Recalled RHP*** 

Rios from Cofvmbua IL '.v. - 

JMKwmo-Recolied RHP Daw-^mg 
TOm Edmonton, PCL OpitohDdJtb? 
to Edmonton. 

TovtmTo— Achvawd RHP 
from 15- nay disabled UsL ofnaoB 
atrfs Corpmuer to Syracuse, IL, : - 





UHP 


i ^ 6 ?r™ oot * el 
/> ^York o ffiw • 

0r W* 4,la )TSSffl85- 






















INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 


PAGE 19 


SPORTS 


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Mariners Lose Slugfest, 
As Twins Rally in Ninth 


The As attuned Press 

; Record-seninfihito by Ken Griffey Jr. 
- 'and Joey Cora were not enough for the 
Seattle Marine s. 

Griffey broke his own major-league 
mark for homers through May with his 
23d. and Cora extended Us hitting 
sneak, to a team-record 22 games on 

lAMBALLlODNDUr 

Tuesday night. But the visiting Mar- 
iners blew a five-run lead in the ninth 
and lost. 1 1 -10. to the Minnesota Twins, 
who rallied behind two homers by 
Marty Cbrdova. 

The collapse spoiled what should 
have been a night of celebration for 

■ Cora and Griffey, whose Mariners lost 
for the ninth time in 12 games. 

* Cordova, playing his first game in 

• five weeks after recovering from a foot 
injury, ded the game with a three-run 

’ homer in the ninth. Norm Charlton later 

■ walked Chuck Knoblauch with the bases 
loaded to force in the winning run. 

Griffey hit a 442-foot, two-run shot in 
the third, breaking the record of 22 
homers through May that he set in 2 994. 

1 He also leads the majors with 61 RBIs. 

1 Cora, who went 4-for-6, opened with 
' a single off Kevin Jarvis to break the 
Mariners* hitting streak record he 



JfanMoncMP 

- Ken Griffey Jr. admiring his shoL 


shared with Dan Meyer (1979) and 
Richie Zisk (1982). He also tied the 
American League mark for longest hit- 
ting streak by a switch-hitter, set by 
Eddie Murray in 1984 and matched last 
season by Roberto Alomar. 

Red Sox 7, Bmwara 6 At Boston, 
pinch-hitter Mike Stanley's RBI single 
broke a seventh-inning tie as the Red 
Sox beat Milwaukee. Boston trailed, 6- 
4, in the sixth before Reggie Jefferson 
ded it with a two-run homer. Jim Corsi 
(1-1) earned the victory with 1‘A hitless 
innings. 

Tfflarai B, Angola 2 At Detroit, Jostin 
Thompson pitched seven shutout in- 
nings and Travis Fryman homered as 
the Tigers won for the fourth time in five 
games and ruined Matt Perisho’s major- 
league debut. 

W on gooi 15, Bhw Joy o John Burken 
pitched seven strong innings and 
Domingo Cedeoo hod-three hits and 
three RBIs as Texas won at Toronto. 

WMto Sox 8«- Indiana 2 At Chicago, 
Albert Belle hit a grand slam against his 
former team and extended his hitting 
streak to a career-high 22 games. 

AtMotieo a, Roymi*o At Kansas City, 
Jose Canseco and Scott Spiezio each 
had two RBIs in the 10th inning as 
Oakland won a wild game. The A’s 
scored five runs in the 10th. but still 
barely held on after the Royals got three 
in the bottom of the inning. 

Oriotoo 10 . ymImm o Ax New York, 
Pete Incaviglia drove in four runs and 
Jeffrey Hammonds hit a three-run 
homer as Baltimore routed the Yankees 
for its eighth triumph in 10 games. 

In the National League: 

■rims o,PadrM 2 Fleet-footed Kenny 
Lofton got the first inside- the -park 
homer of his career in a bizarre way. 

With runners at second and third and 
one out in the fifth, Lofton hit a slicing 
one-hopper into the Padres’ bullpen. 
The ball dropped onto a small ledge 
between the outfield fence and the bull- 
pen seating area. Leftfielder Greg 
Vaughn, expecting a ground-rule 
double to be called, raised his hands 
toward the third-base umpire, Joe West 
But the ground rules at Qualcomm Sta- 
dium say the buUpens are in play. 

Lofton took advantage by raring 
around die bases to score. 

MuTmi B, Podgma At LOS A fl gftles. 



Jim Eisenreich hit a bases-loaded triple 
off Hideo Nomo (3-4) in the first inning 
as Honda won for the 1 1th time in 14 
games. 

Cub* 8, Pint** 7 At Pittsburgh, Brant 
Brown, who had only eight hits all sea- 
son, hit a three-run homer. Brian 
McRae, pinch-hitting for Brown later in 
the game, had a two-run single. 

PhHltos 2 , Rada i At Cincinnati, Curt 
Schilling (7-4) stopped Barry Larkin’s 
streak of reaching base at 13 — one shy 
of the NL record — and pitched a com- 
plete game. 

Expos s. Mate 4 At Montreal, Darrin 
Fletcher homered and pinch-hitter F. P. 
San tan gc lo hit a tiebreaking sacrifice fly 
in the fifth inning to rally Montreal. 

Giants s, Astras 4 At San Francisco, 
Stan Javier’s single off die glove of 
Ricky Gutierrez ai shortstop drove in die 
winning run with one out in the 10th as 


Luyendyk Sees the Green Flag and Takes Checkered Flag 


By Joseph Siano 

■ New York Times Sennet 

INDIANAPOLIS — If you are tbink- 
1 mg of sending Scott Goodyear a sym- 
r pathy card after his second dose of In- 
c <iianapoIis 500 heartbreak in three 
years, just stay away from anything with 
too much green or yellow. He seems to 
have a lot of trouble with those colors — 
H when it comes to flags, anyway. 

Goodyear, who was penalized out of 
•an excellent chance to win the 1995 
1 Indianapolis 500 when he passed the 
pace car with the yellow light still on, 

■ lost a good chance to beat his t e ammat e, 
" Arie Luyendyk, on the last lap of the 

* 81st Indy 500 on Tuesday when the 
green flag suddenly waved and the yel- 

' low lights stayed on. Ir was a confusing 

* fading for a race with a confusing be- 
ginning, and it allowed Luyendyk to win 

'his second Indy 500. 

- It may have lacked some of die lustier 
of the test victory in 1990, when Luy- 
endyk beat a field undiluted by the cur- 
gent Indy-car civil war. but Luyendyk 


said be had to work harder for this one. 

The only thing Goodyear can com- 
pare, however, are his missed oppor- 
tunities. Goodyear’s third and latest dis- 
appointment (he was the runner-up to AI 
Unser Jr. in 1992 by .043 seconds, the 
closest finish in Indy 500 history) came 
when race officials waved the green flag 

Indianapolis 500 

on the final lap of the race after Tony 
Stewart, who finished fifth, brushed the 
wall on the 197th lap. 

With Goodyear directly behind Luy- 
endyk, who was first, tbe officials hiinied 
to clean iq> the track so die race could be 
decided at full speed, rather than having 
the two contenders take the checkered 
flag behind the pace car at 80 mph. 

Unfortunately far Goodyear, the de- 
cision came so quickly that he was un- 
able to shift his car into the right gear and 
tum up his fuel control feu- the most 
horsepower. To further confuse matters, 
die official in change of changing the 
track’s wanting lights from yellow to 


green was asleep ax the switch and left the 
yeDow light on for half of the last lap. 

Goodyear wound up second to Luy- 
endyk, a Dutchman who lives in Scotts- 
dale, Arizona, by 0.570 seconds, in a 


(15 laps were run -Monday before rain 
stopped it) was' 145.S27.mph. As for 
whether he was consoled by second 
place, Goodyear said, “Absolutely 
not" 

“I thought we were going to finish 
under the yellow,” he said. “If I knew 
they were going to put out the green 
sooner, I would have been on the gas a 
lot sooner.” 

It spoiled an otherwise highly com- 
petitive finish, one that helped redeem 
an Indy 500 dimmed by two consecutive 
rain delays, which pushed the race off of 
the weekend and into a workday, and a 
crash -marred attempted start on 
Monday. In any case, the new cars that 
the Indy Raring League switched to this 
year acquitted themselves well, as did 
the front-running drivers, who staged a 
close, competitive event. 


But if the Indianapolis Motor Speed- 
way and the IRL want to prove that they 
can make their own new stars to replace 
the big names of the rival Championship 
Auto Racing Teams series, who have 
been boycotting this race for the last two 
nmmngS; tbey must wait to make-that 
point There’s not a lot of star-making 
work to do: Luyendyk ’s is as big a name 
as Unser, Andretti or any other in 
CART, ever since his first fody victoty. 
“I worked a lot harder today than in 
1990,” Luyendyk said after the race, 
which he won in a G-Force Aurora. “I 
had to ran faster all day long to stay 
where 1 was than in 1990.” 

His work was harder this time be- 
cause besides his teammate, he had to 
spend most of the race battling Stewart 
along with (be defending race cham- 
pion, Buddy Lazier (fourth in a DaUara- 
Aurora), and Jeff Ward, a 35-year-old 
rookie from Scotland who is the kind of 
new star the IRL needs. These five 
combined to lead all but 17 of the 200 
laps, and constantly battled among 
themselves. 


Malone Wakes Up 

Jazz Bum the Rockets in Game 5 


By Tom Friend 

New York Tunes Service 

SALT LAKE CITY — The Mailman 
never fails twice. 

Battered by a local newspaper, not to 
mention Houston Rockets' forearms, 
Karl Malone bounced back Tuesday 
from his visit to mediocrity. Unable 
Sunday to convert four-footers, he had 
the 14-footer back in his repertory dur- 
ing the Utah Jazz’s 96-91 victory in 
Game 5 of the Western Conference fi- 
nals. 

Malone led a third-quarter surge, and 
the Jazz held on to take a 3-2 leatfin this 
four-of -seven-game series. 

The lead was a tenuous 89-84 laxe in 
the game but Malone (29 points) had no 


lbr;i« Uui'%iur loan* Km 

Utah's Karl Malone shooting over Charles Barkley of the Rockets. 


the Giants won for in their final at-baL 

Canfinala 8, Roektes S Alan Benes (4- 

himselfwith a career-high three hits!^ 

■ Keeping It Inside the Park 

It’s strange enough to see one inside- 
tbe-park home run. But six in three 
days? That’s how many were hit in the 
majors on Sunday, Monday and Tues- 
day. 

It all started Sunday night when the 
A’s lost a fly ball hit by m the Metro- 
dome ceiling, allowing Pat Meares of 
Minnesota to circle the bases. On 
Monday, Doug Strange of Montreal, 
Sammy Sosa of the Chicago Cubs and 
Tony Womack of Pittsburgh hit inside- 
the-park homers. On Tuesday, Craig 
Paquette of Kansas City rounded the 
bases without clearing the wall. As did 
the Braves’ Kenny Lofton. 


more lethargy in his body. He mode a 
turnaround jumper with 3 minutes 19 
seconds remaining to extend the ad- 
vantage to seven. 

Hakeem Olajuwon (33 points) con- 
vened two free throws but had become 
too vehement with the officials, and it 
cost him. He was whistled for a tech- 
nical foul, and Jeff Homecek not only 
made the free throw, but his emphatic 
drive to basket also returned the lead to 
7 with 2:06 remaining. 

Three of Houston's outside gunners 
— Eddie Johnson, Mario Elie and Clyde 
Drcxler — were a combined 0 for 13 
from three-point range. And so it was 
Olajuwon against the world. 

Malone’s playmaker missed a lot of 
it, too. John Stockton picked up his 
fourth foul on his pet move, the moving 
screen, with 8:50 left in the third 
quarter, and Malone had to fend for 
himself. He out-bullied two Rockets for 
a rebound and put-back and then hit a 
jump shot for a 67-61 Utah lead. Later, 
Stockton's replacement. Howard Eis- 
ley, bombed in a critical 3-pointer, and 
Stockton checked in for die final 
quarter. 

Somebody had been trying too hard, 
and it was Malone, the league’s recently 
named most valuable player. He was 
shooting 55 percent from (he field until 
they tied a trophy around his neck last 
week, and then every layup became an 
adventure. The power forward was lOof 


shooting only 43 percent for the senes 
and was greeted this morning with an 
insensitive local headline. 

“Hey KarL Isn’t It About Time u> 
Deliver?” screamed the Salt Lake City 
Tribune on Tuesday, and Malone did 
pay his 50 cents to see it for himself. 

* 'Unfortunately, in this business, you 
spend a lot of time giving guys what 
they want media-wise, ana then guys 
take shots,” Maloue said of the article 
that accompanied the headline. “We are 
athletes, but we are human, and it does 
hurt. I wouldn't say I was in the best of 
moods, and still am not But I have a job 
to do. They have counted on me all year, 
and they will continue to count on me 
now, and 1 understand that.” 

His teammates have noticed Malone 
pressing and there was more of the same 
Tuesday when he botched his first three 
attempts. The last time Malone had a 
bad shooting night, the day he was 2 of 
20 against the Lakers, he took a bicycle 
ride on the beach to ease his mind. 

This time, he tried a new remedy — 
locking his bedroom door. “I slept,” he 
said. “Slept a lot. Sleeping's good, be- 
cause you don’t think about a lot of 
things.” 

He awoke midway through the first 
quarter — draining three consecutive 
shots despite a quadruple-teaming de- 
fease — and Utah led by 47-44 at half- 
time behind his 10 points. 

As for the Rockeis, their offense did 
not begin and end with Johnson this 
time. Johnson, the 38-year-old whose 
31 points helped win Game 3 and whose 
27-footer won Game 4 at the buzzer — 
managed only four first-half points on 
Tuesday night and missed a free throw 
after a Jazz technical, although the 
Rockets forgave him. 

“I've gotten more attention the last 
two days than I’ve gotten my whole 
career,” Johnson said before tip-off. 
“But, in this league, you're only as 
good as your last game. If Jordan retired 
today, he'd be remembered for a terrible 
game.” 

Olajuwon made the most of his 11 
first-half attempts on Tuesday night He 
converted seven, had 18 points at in- 
termission and personally kept his team 
close. 





Brant Smith/Euara 

Arie Luyendyk on his way to victory before a sparse Indianapolis crowd. 

















ART BUCHWALD 


Smoking Victims 


W ASHINGTON — 
When the story broke 
that secondary smoke causes 
heart attacks I didn't believe 
it. The report said that health 
risks were dou- 
ble for those 
victimized by 
other people 
smoking. 

I had my 
doubts until I 
passed a large 
building on 
Madison Av- . 

enue where 15 Bnchwald 

people were standing in the 
entrance puffing away. 

I heard one smoker say to 
another, "How many did you 
get today?” 

The other replied, “Four 
certain, and two possibles. A 
smoker can’t count a sure hit 
unless another smoker sees 
it.” 

A lady said, "I decked a 
man in an Armani suit yes- 
terday who was carrying a 
Louis Vuitton briefcase. That 
should count for something.' 1 
"How did you do it?" 

“I had my hand cupped 
around my Virginia Slim, and 
he was unaware 1 was going 
to blow a smoke ring up his 
nose. He clutched his chest as 
he hit the sidewalk.'' 

The lady standing next to 
her said, “Zelda, you’ve com- 


mitted the perfect crime.” 

“They still don’t consider 
secondary smoke a crime of 
passion.” 

I was about to walk on when 
I saw a man with a pipe in his 
hand. He pointed it ai me. As 
far as I was concerned he had a 
smoking gun aimed at me. 

“Don’t shoot," I cried, 
“I’m not anti-smoking." 

He said, "Anyone who 
stands within two feet of a 
pipe smoker is dead meal.” 

“Puff away," I cried. 
“You have as much right as 
drivers of stolen cars." 

The man next to him said, 
“Put your pipe down, Paul. If 
he says be likes secondary 
smoke he must be a fruit- 
cake.” 

I said, “You’re good peo- 
ple but how do you keep anti- 
cigarette zealots from spoil- 
ing your day?" 


A man said, “It’s all done 
with smoke and mirrors. You 
have to think of us as the Cosa 
Nostra (Our Thing) and you 
have to imagine the non- 
smokers as wimps. Every 
time someone complains 
about cigarettes we feed them 
to the fishes.” 

I was impressed. “No 
wonder Philip Morris stock is 
going up.” 


OnStage, at Last, at the Globe 


L ONDON — Theatergoers 
stepped back into Eliza- 
bethan tunes on Tuesday when 
the Globe Theatre, a recon- 
struction of William Shake- 
speare's playhouse, staged its 
fust public performance. 

Up to 1,500 people 
crowded into the open-air 
wooden theater for “Henry 
V,” and just as Shakespeare's 
contemporaries did. they 


stood, sauntered or sat on 
wooden benches. 

The £30 million ($50 mil- 
lion) project on the south side 
of the River Thames — on the 
site of the original Globe — 
was the brainchild of the late 
U.S. director Sara Wana- 
maker. It is expected to be 
completed by September 
1999, the 400th anniversary 
of the first recorded perfor- 
mance at the Globe. 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, MAY 29, 1997 


Cherie Booth, Queen’s Counsel and ’’First Lady 


By Warren Hoge 

Netv York Times Service 

L ONDON — The face was the 
same one that recently figured 
in hundreds of ptoto opportunities 
and front-page pictures around the 
world. But where there had been a 
designer suit there was now a black 
robe, on top of the softly layered 
hairstyle there was a tightly curled 
white wig and in place of the per- 
petual broad smile there was a ju- 
dicious scowl. 

Cherie Blair, Queen’s Counsel, 
was back at work. 

For two months she bad been the 
constantly beaming consort of her 
husband Tony Blair as he took his 
Labour Party campaign around 
Britain, and in a memorable mo- 
ment she bad joined him in a tri- 
umphal hand-m-hand promenade 
along Whitehall while thousands of 
flag-waving people cheered their 
arrival at the official residence at 
No. 10 Downing Street on May 2. 

A high-powered London lawyer 
with three young children and a 
host of friends, she was often com- 
pared to Hillary Rodham Clinton, 
just as her husband, a telegenic 
young politician who reformed bis 
party and thereby captured die 
political center, was being com- 
pared to Bill Clinton. 

The Labour campaign just as 
persistently kept saying that, unlike 
Mrs. Clinton, whom she will meet 
Thursday for the first time, Cherie 
Booth, as she is known profession-- 
ally, harbored no political ambi- 
tions and would play no role in the 
new administration. 

Let people say she was smarter 
or deeper or funnier or feyer than 
her husband, there would be no 
‘ ‘two for the price of one” boast as 
there had been in the 1992 Clinton 
campaign. To prove it, she would 
return to her job whether her hus- 
band won or lost 

So every morning these days, 
she has taken her seat in the tufted 
leather high-backed armchair with 
the carved wooden frame behind 
the elevated desk in the Mayor's 
and City of London Court and 


presided over the case of 
Dixon vs. British Aero- 
space. 

Even though the details 
of the proceeding sound 
awfully small bore for the 
wife of a head of govern- 
ment — a former British i 
Aerospace worker is seek- 
ing redress from the com- 
pany for a hernia he 
suffered in 1992 when a 
machine tool drill slipped 
off its faceplate — the fact 
that Cherie Booth is pay- 
ing attention to them rep- 
resents a historic moment 
for this tradition-minded 
country. No spouse of a 
prime minister has ever 
held a full-time job be- 
fore. 

In her precedent-setting 
pursuit, Ms. Booth profits 
from two other English 
traditions. She is insulated 
from suspicion of any con- 
flict of interest by the pol- 
itics-free nature of the ju- 
diciary and she can move 
about relatively unmoles- 
ted by autograph seekers 
and paparazzi because of 
the privacy permitted non- 
royal participants in Brit- 
ish public life. The Q 

“This is not like Hillary 
Clinton going into federal District 
Court in Washington.” said Mi- 
chael McNulty, an American law- 
yer who has practiced here for 28 
years. 

Ms. Booth, 42, a highly regarded 
lawyer in London, had a dazzling 
academic record at the London 
School of Economics, topped all 
candidates in her bar exams, en- 
tered practice in 1976 and was 
made a Queen's Counsel, a title 
held only by the top 10 percent of 
English barristers, in 1995. 

She qualified last year to be an 
assistant recorder, a part-time 



l.inivrtul Pkunr [Vo 


The Queen’s Counsel at work in London. 


In countries like the United 
States, where judges are often 
either directly elected or produced 
from the political process, it would 


could be biased. Our 
whole system is designed 
to eliminate bias. It’s part 
of why we put them in 
wigs and gowns. They are 
not meant to be normal 
human beings or advo- 
cates. I know some people 
think it’s all a lot of an- 
tiquated rubbish, but it has 
a function. It puts the em- 
phasis on the role the per- 
sons are performing, not 

the persons." 

Over the past months, 
Cherie Booth, a busy 
mother, committed lawyer 
and jurist and an out- 
spoken feminist, under- 
went a startling change in 
public personality, sup- 
pressing her opinionated 
side to become the adoring 
and silent partner of her 
44-year-old husband as he 
led his party to its over- 
whelming victory in the 
May 1 national election. 

Did her women friends 
fault her behavior? 

“Not at all,” said 
Kath y Lette, an Australian 
writer based in London. 
“She had to take the Hil- 
irtnrr [v« lary antidote. The press 
i. here is very virile and anti- 

feminist- We were all sup- 
portive of what she needed to 
do." 

The wife of the earnest new 
prime minister is known to be ex- 


Ms. Booth, 42, a highly regarded a national leader rendering judg- 
Jawyer in London, had a dazzl ing ment in cases that turn on gov- 
academic record at the London emmental conduct and national 
School of Economics, topped all law. Voice that concern in England 
candidates in her bar exams, en- and people look, dumbfounded, 
tered practice in 1976 and was “Judges here are such independ- 
made a Queen's Counsel, a title ent fellows,” said McNulty, apart- 
held only by the top 10 percent of ner in the London office of Whit- 
F.n glixh banisters, in 1995. man Breed Abbott & Morgan. 

She qualified last year to be an “They would never be in fear of 
assistant recorder, a part-time taking an action that might cause 
judge in lower-court civil cases and any retribution from a prime min- 
a post that is viewed as the first rung ister.” 


seem untenable to have the wife of ceedingly lighthearted as well as 
a national leader rendering hide- exceedingly bright. "She’s play- 


on the ladder to becoming a high 
court judge, her ultimate ambi- 
tion. 


Denise Kingsmiil. a colleague 
and friend of Ms. Booth's, said, 
“There's absolutely no thought she 


exceedingly bright. "She’s play- 
ful. flirtatious, and I mean with 
women too” said Lette. “Unlike 
many of her law school contem- 
poraries who graduated from Ox- 
ford in Advanced Condescension 
and stay emotionally constipated 
for life. Cherie is warm, genuine, 
earthy.” 

Her ability to keep the Cherie 
Booth identity from intruding on 
the Cherie Blair one lapsed in one 
affecting] y embarrassing moment 
The morning after her husband’s 
election, a deliveryman bearing 
flowers came to the door of the 


Blairs' Islington home and she 
sleepily opened it, forgetting the 
world press was on the street out- 
side. The picture of her standing 
barefooted in a wrinkled night- 
gown, her black hair an unruly 
bird's nest, was on every front page 
the next day. 

Her name is pronounced as tf it 
were spelled Sherry, and she got it 
after her father and mother, both 
touring actors, became enchanted 
with an S-year-old girl called Cher- 
ie at a guest house during a week's 
stopover in Wales. 

Her father, a Liverpool roust- 
about named Tony Booth, became 
a television star on a popular series 
and attracted an equal amount of 
notoriety by drinking, womanizing 
and then publishing a bawdy ac- 
count of it all in 1989. Last week- 
end he was named a co-respondent 
by a college instructor in the Mid- 
lands who said his 42-year-old wife 
had left him to move in with Booth, 
who is 65. He left home when Cher- 
ie and ber sister Lyndjrey were 
young girls. The two girls were 
raised by their month Gale in the 
Lancashire town of Bury. 

In 1983 Ms. Booth made her 
own foray into politics, losing as 
the Labour candidate for Parlia- 
ment in a heavily Tory district in 
southeastern England while her 
husband, loser himself in a by-elec- 
tion a year earlier, was winning his 
seat in Parliament from the north- 
ern constituency of Sedgefield. 

She resolved to become a power 
behind the bench, not behind the 
throne. She made her legal spe- 
cialty employment law and in- 
volved herself in issues of sex, race 
and disability discrimination, do- 
mestic violence, child abuse, trade 
union disputes, sexual harassment, 
health and safety workplace stan- 
dards, personnel problems, wrong- 
ful dismissals and equal pay 
claims. 

As a Q.C. she is steered high 
court cases that set precedents and 
draw lines of authority. She has 
long been the family breadwinner, 
and her annual income these days is 
estimated at more than $350,000. 



PEOPLE 


T HE movie “Titanic” will sail into 
theaters at least five months late. The 
disaster film will miss its original July 2 
release dale — just before die lucrative 
July 4 holiday weekend — to allow the 
director more time to complete it, the 
U.S. distributor. Paramount Pictures, 
said. It is now scheduled to debut Dec. 
19. The film, written and directed by 
James Cameron and starring Leonardo 
DiCaprio, Kate Winslet, Kathy Bates, 
David Warner and 1 Bill Paxton, has 
been rumored for some time to be in 
trouble, and some reports say the budger 
has grown to around $200 million. Vari- 
ety quoted sources as saying the total cost 
could be $285 million, making “Titan- 
ic" die second most expensive movie of 
all time after “Cleopatra,” which in 
1963 cost the equivalent of $300 million 
in 1997 dollars. 

□ 

Michael Jackson and the mayor of 
M(WhABnledhBI Warsaw signed a preliminary letter of 
HAYWIRE — A visitor to the Royal Academy of Arts in London intent on Wednesday to develop a Fam- 
scrutmmng “ECKOW” by David Mach, a head made out of wire coat ily Entertainment Theme Park in the 
hang ers. The sculpture Is displayed at the academy’s Summer Exhibition. Polish capital. Jackson, on a two-day 


visit to Poland, is also looking to restore 
a vast 300-room palace in the western 
town of Lubiaz to live in sometimes. 
Mayor Martin Swiecicki said neither 
the location nor the size of die amuse- 
ment park had been decided yet, but that 
both sides wanted it to be an all-year site 
for both children and adults. 


Geneva Overhoiser, ombudsman of 
The Washington Post, has been elected 
chairwoman of the Pulitzer Prize Board, 
succeeding Sissela Bok, philosopher and 
writer, who is retiring from the board. 


What's the well-dressed sailor to 
wear while yachting off Hyannis or re- 
living war exploits in the South Pacific? 
How about JFK PT Wear? President 
John F. Kennedy and his love of the sea 
are being marketed in a line of nautical 
clothing by Kerry McCarthy, who 
shrugs off suggestions that she is trading 
on the family name. McCarthy, whose 
mother was a cousin of Kennedy’s, is 
kicking off her line on Thursday — the 


80th anniversary of Kennedy's birth. 
McCarthy said she hopes the rest of the 
family is not angry with her, “because I 
can't do a thing about it if they are. ” Part 
of the proceeds will go to the Kennedy 
Library, she said. 


A movie company has lost its $5 mil- 
lion breach-of-contract suit against 
Pamela Anderson Lee. A judge in Los 
Angeles ruled that The Private Movie 
Co. never had a valid contract with Lee 
to perform in the movie, "Hello, She 
Lied," and was not entitled to any dam- 
ages for her failure to perform. He said it 
was clear that the “Baywatch" star ob- 
jected from the very beginning to sim- 
ulated sex in the script submitted to her. 


The Iranian director Abbas Ki- 
arostami returned home Wednesday to 
less than a hero's welcome after winning 
the Palme d'Or at the Cannes film fes- 
tival. Kiarostami had to avoid a crowd 
gathered at Tehran airport because of 
threats made by Islamic fundamentalists 


angry that he kissed the actress Cath- 
erine Deneuve during the official 
awards ceremony. He almost missed 
Cannes when Iran initially refused to 
give him authorization to show his film, 
“Taste of Cherry," at the festival. 


Madonna and Carlos Leon, the fa- 
ther of her 7-month-old daughter, have 
split up. The New York Daily News 
reported. The couple never intended to 
many but were living together since 
before the birth of Lourdes. 


After two and a half months and 
almost 26,000 miles (42.000 kilome- 
ters), Linda Finch touched down Wed- 
nesday at Oakland International Air- 
port. completing the around-the-worid 
journey Amelia Ear hart never fin- 
ished. Finch had departed in her twin- 
engine plane from the same field on 
March 1 7. Earhart, who was attempting 
to become the first person to fly around 
the equator, disappeared in the South 
Pacific on July 2, 1937. 




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