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INTERNATIONAL 






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PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 



The World’s Daily Newspaper 


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Paris, Wednesday, Octbber 22, 1997 






ABB to Cut 
10,000 Jobs 
In Europe 
And the U.S. 


Swiss- Swedish Firm 
Will Shift Capital to 
Operations in Asia 



No. 35,658 


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By Edmund L. Andrews 

New York Times Service 

FRANKFURT — In one of the most 
striking examples yet of shifting global 
allegiances in business, the Swiss- 
Sweaish engineering conglomerate 
ABB Asea Brown Boveri Ltd. said 
Tuesday that it would cut 1 0,000 jobs in 
Western Europe and the United States 
and invest the savings in Asia. 

The impact will probably be heaviest 
in Europe, where the company employs 
102,000 workers and where the cuts 
were likely to rank among the biggest 
single corporate retrenchments yet Its 
American subsidiary, headquartered in 
Connecticut but with businesses in 
many states, employs 23,000 people. 

Company executives were excep- 
tionally blunt in saying that they 
planned to shift thousands of jobs from 

Citicorp to cut 7,500 jobs. Page 13. 


countries like Germany and Sweden to 
faster-growing markets in Southeast 
■re Asia and China. 

The move provided a grim reminder 
that Europe’s enduring problems with 
-■joblessness are far from over, even 
* though an abundance of new economic 
- data indicate that countries like Germany 
and France are finally poised for a sig- 

- nificanr economic recovery (Page IS). 

As European companies increasingly 
embrace the hard-edged opportunism of 
U.S. companies, they are coolly shifting 
tal to whichever part of the world 
Fers the biggest prospects for profit. 
Much as the United States experi- 
. ©need in foe early 1990s, economic 
; growth in Europe is not being accom- 
1 panied by the growth in jobs. But unlike 
the United States, many economists 
; here believe that unemployment is 
. likely to remain high even after the 
upswing has solidly taken hold. 

“Our structural problems remain 
. completely unsolved, and that means 
! that structural unemployment is going 
to increase.” said Hans Joachim Hass, 
chief economist at the German Asso- 
ciation of Industry, in Bonn. 

ABB's cutback is far smaller than 
those imposed by many American 
‘ companies. But by European standards, 
£it is one of the biggest 
■ Last year, the French automobile 
? company Renault ignited huge protests 
when it announced plans to close a 
Belgian factory with 3,100 workers. 
This year, foe Swedish household ap- 
pliance manufacturer Electrolux said it 
- would cut 1 2.000 workers. The recently 

- merged steel mills in Germany of 
Krepp-Hoesch and Thyssen are expec- 
ted to eliminate 7,000 workers, though 
through early retirement and other vol- 
untary programs. 

Unlike many steel mills and auto- 
mobile companies that have endured big 
cutbacks in recent years, moreover, • 
ABB's businesses in construction ser- 
, engineering and the manufacture 
-generation equipment have 
not been that badly ravaged by global 
competition. But the company said its 
profits had been dragged down by weak 
European demand and mounting cost 
pressures, and that it would take a big 
5850 million write-off to cover future 
reorganization costs. 

‘'Some of these actions will be dif- 



Rallies Raise Pressure 
On Thai Leader to Quit 

New Cabinet Delayed as Protests Grow 


By Seth Mydans 

Near York Times Strvire 


p . . _ WiDySittintfAinBxFraicr-ftrMr 

* rune Minister Chaovalit Yongchaiyut of Thailand leaving a cabinet meeting Tuesday as 
thousands of protesters jammed the streets of Bangkok to demand his resignation. 


BANGKOK — Thousands of people rallied in 
the streets of the Thai capital for a second day 
Tuesday, furious at their government's infighting 
and vacillation in the face of an economic crisis. 

Farmers and factory workers in their sandals, 
bankers and stockbrokers in their neckties — people 
from both sides ofThailand’s sharp economic divide 
— mingled in the hot sun to demand the resignation 
of Prime Minister Chaovalit Yongchaiyut. 

“Chaovalit, go away!” they chanted. 

Inside foe Parliament building, within earshot of 
foe demonstration, the prime minister struggled 
with his cabinet to try to work out a promised 
government reshuffle that has been delayed for 
more than two weeks. 

The impasse within Mr. Chaovalit 's fragile co- 
alition has diverted the government from the hard 


decisions it must make to meet foe requirements 
imposed by the International Monetary' Fund when 
it agreed to a $17 billion bailout for Thailand six 
weeks ago. 

The demonstration Tuesday followed an extraor- 
dinary rally by businessmen that closed off Silom 
Road, home to many , banks and financial insti- 
tutions. It was the Iargesr rally by the middle class 
since mass protests in 1992 that led to widespread 
bloodshed and caused the fall of a government. 

Last week, in the face of protests, the gov- 
ernment withdrew a new oil tax it had announced 
just three days earlier as a step toward meeting the 
revenue demands of the IMF. 

That retreat threw into doubt the government’s 
ability to make politically difficult austerity moves 
and led to the announcement Sunday by Finance 
Minister Thanong Bidaya that he would resign. 

See THAIS, Page 10 


A Dangerous Downward Spiral: Asia’s Devaluation Race 


By Thomas Crampton 

Special to the Herald Tribune 


BANGKOK — As foe currencies of Taiwan and 
South Korea fell to new lows Tuesday, economists 
said foe financial turmoil shaking Asia barf 
triggered a downward spiral of currency devalu- 
ations across the region. 

Many Asian economies, these analysts said, 
have now become caught in a wave of competitive 
devaluations — allowing their currencies to fall so 
that the goods they export will be less expensive, 
and therefore more competitive in foe global mar- 
ketplace than those of their Asian neighbors. 


“We’re in a competitive devaluation environ- 
ment," said Eric Nickerson, a senior analyst with 
Bank of America. “Korea and Taiwan are playing 
catcb-up to Southeast Asia's currencies.” 

' The devaluations began in July, when pressure 

China imports drive up US. trade gap. Page 13. 

from speculators and other investors forced Thai- 
land to allow foe baht to float freely. The shock 
waves since then have led to foe depreciation of 
other currencies across Southeast Asia. 

Now, as (heir currencies came under severe 


market pressure this week, authorities in South 
Korea and Taiwan let their currencies tumble. 

“Asia woke up one morning with a severe 
headache,” said David Roche, managing director 
of Independent Strategy, a global investment con- 
sultancy. “Now everyone is trying to get into step 
because you can’t afford to be left behind with foe 
everyone else devaluing.” 

While the fallen currencies will bring lower 
export prices and improve certain economic in- 
dicators, they also raise foe risk of inflation and 
increase the cost repaying foreign debt. 

On Tuesday, the South Korean won fell to a 
record low against the dollar for foe second day in 


a row, reaching 924.70 to the dollar. 

“The central bank seems to have given up.” Lee 
Chang Young, a foreign-exchange dealer at Kook- 
min Bank, told Bloomberg News. 

The Taiwan dollar dropped to a 10-year low of 
31 .05 to the U.S. dollar. Investors took that as good 
news for the country’s exporters, and the main 
stock index soared 5.7 percent, to 7.734.05. 

In Hong Kong, which has Asia's only remaining 
dollar-pegged currency, stocks plummeted for the 
second day in a row as interest rates were raised io 
keep the currency 's link to the dollar. The Hang Seng 


See ASIA, Page 10 


Stolen Heart, but Kidney, Too? 

Jilted Woman Alleges Suitor Only Wanted a Transplant 


By Amy Goldstein 

Washington Post Service 


DULUTH, Minnesota — Dcrtahy Zauhar w as a 
56-year-old divorcee, juggling jobs in nursing and 
real estate, when she was invited to dinner in 1994 at 
a friend’s cabin in foe northern Wisconsin woods to 
meet an eligible. Harvard-educated millionaire. 

Within, a week, she and Richard McNutt were 
inseparable'. Within six months, he had surprised 
her on her birthday with a diamond engagement 
ring. 

But handsome and strapping as he was, successful 
as he had been in commerce, Mr. McNutt also was an 
unlucky man: His kidneys were failing. Soon, he was 
weary and weak, tethered three times a week to a 
dialysis machine. 

Like tens of thousands of people in a country in 
which organ donors are scarce, he was desperate for 
a transplant. 

Miss 7-auhar offered him one of her kidneys, but 
doctors ruled her out So her younger brother stepped 
forward. In exchange for his left kidney, John Dahl 
said, he asked his sister’s fianci for three things: a life 
insurance policy, $5,000 to cover foe pay he would 


lose while recovering from surgery and a promise 
that Mr. McNutt would strive always to make his 
sister happy. . 

But on foe way home from foe hospital, his new 
kidney working fine, her.fiancd balked at their mar- 
riage, Miss Zauhar says. 

The insurance policy and lost wages, her brother 
says, never materialized. They now contend that this 
wealthy businessman deceived them, romancing 
Miss 7auhar insincerely in hopes that she would lead 
him to a kidney. 

Four weeks ago, they outlined their story in a 
$150,000 lawsuit against Mr. McNutt, accusing him 
of "theft by swindle of a body organ.” 

His attorney issued a statement that denied foe 
allegations and expressed gratitude for the kidney, 
which he said his client considered a gift. 

Regardless of who wins in court, the case lays bare 
foe treacherous ethical ground that can come along 
with medical breakthroughs. 

For organs from cadavers, there is a nationwide 
system with stria — although controversial — rules 
that govern foe sequence and circumstances in 

See ETHICS, Page 10 



11b W«bJjtgkn ft* 

Mr. McNutt and Miss Zauhar in a photo- 
graph that was taken for their engagement 


For U.S. Nuclear Firms, China Is the ‘Mother Lode’ 


B 


and 


iy Dan Morgan 
David B. Ofiaway 


Washington Post Service 


See JOB CUTS, Page 10 


WASHINGTON — American atomic reactor man- 
ufacturers, who are lobbying hard to lift a long- 
standing ban on sales to China, appear poised to tap a 
potential $50 billion Chinese market that could help 
revitalize foe industry until nuclear power makes a 
comeback in the United States, according to U.S- 
govemment and industry officials. 

Despite investing $870 million in a joint indnstry- 
govemment project to develop a new generation of 
cheap, safe reactors, foe U.S. companies have yet to 


find a buyer in foe United States. As a result, China, 
which wants foe latest U.S. reactor technology, is 
widely seen as a potential savior if U.S. concerns about 
nuclear proliferation can be overcome. 

Less man a week before the arrival here of President 
Jiang Zemin of China, U.S. negotiators in Beijing are 
reportedly close to an agreement that would allow 
President Bill Clinton to certify that foe Beijing gov- 
ernment has stopped helping Iran and other countries 
develop nuclear weapons. 

Under U.S. law, that certification would clear the 
way for the first sale of U.S. nuclear technology to 
China unlftss Congress intervened within a month. 

To thwart an expected congressional effort to over- 


turn Mr. Clinton’s certification, U.S. reactor man- 
ufacturers led by Westinghouse Electric Corp. and 
Asea Brown Boveri (ABB) Inc., a U.S. subsidiary of 
Asea Brown Boveri Ltd of Zurich, have teamed up 
with large construction companies such as Bechtel 
Power Corp. and Stone & Webster Engineering in a 
lobbying and public relations campaign that stresses 
the domestic jobs resulting from sales to China. 

Under a coalition known as foe Nuclear Supplier 
Working Group, the industry also has mobilized hun- 
dreds of suppliers and vendors that have been en- 
couraged to contact members of Congress regarding 


See POWER, Page 10 


No Batteries! 
Electric Car 
Gets a Boost 


By Matthew L. Wald 

New York Times Service 

WASHINGTON — The Energy De- 
partment and an engineering firm an- 
nounced Tuesday that they had produced 
electricity from gasoline through a new 
method that yields twice as much useful 
energy per gallon as a car engine does, 
and with pollution 90 percent lower. 

The development raises the prospect 
of an electric car, still quiet, swift and 
clean, but without the problem of heavy 
batteries that must be recharged often. 
Instead, such a car would be refilled 
with energy in minutes from the pump at 
foe comer gasoline station and get twice 
foe gas mileage of a comparable car 
with an internal combustion engine. 

“We have a terrific breakthrough 
here,” said Energy Secretary Federico 
Pena. He added, however, that the tech- 
nology was not about to go into im- 
mediate use. Such cars could be on the 
road by 2010, Mr. Pena said. 

Other experts not directly involved 
with the new system praised it as an 
important technical achievement, al- 
though several pointed out that impor- 
tant steps remained before the method 
could be commercialized. 

The method uses a fuel cell, a device 
used by NASA for the Apollo moon 
program, that makes electric current by 
combining hydrogen and oxygen into 
water. Oxygen can be pulled out of air. 
but hydrogen has always been a prob- 
lem, because it is expensive to produce 
and store. 

The new method, developed by Ar- 
See CELL, Page 10 




Africans Flex Their Might 

Now Angola Joins the Interventionist Mood 

After decades as colonies of 


By James Rupert 

Washington Post Service 


KINSHASA, Congo. — African 
governments have displayed a new 
readiness to intervene in nagnwM^S 
countries in recent months. And An- 
gola, which mounted a swift stoke into 
the Congo Republic that helped end last 
Week the civil war there, seems to be one 
of the readiest. 


After decades as colonies of Europe 
and clients of the Cold War powers, foe 
African nations are acting more inde- 
- sndently, including using force a g ai n st 
idr neighbors. _ . . 

Uganda supported Rwandan Tutsim 

all 




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pendently, 

their neigh 

nda supported — — 

a iyyO-94 civil war that overthrew the 
Hutu-dominated government in foe 
Rwandan capital, Kigali- And Rwanda, 
Uganda, Burundi, Angola — ana ac- 
cording to Western diplomats, Ethiopia 
and Eritrea — contributed to President 
Laurent Kabila’s battle for power here 
in Congo, the former Zaire, last spring. 

Now Angola has acted even more 
boldly — sending troops, tanks ana 
warplanes into Congo Republic, in foil 
view of foreign residents and TV cam- 
eras, to help overthrow president Pascal 

Lissouba. . , . 

None of these interventions has cost 
its authors more than a scolding by foe 
foreign powers that once sought to con- 
trol such situations. 

The United States and European gov- 
ernments — and the international in- 
stitutions they dominate, such as foe 
United Nations Security Council 
have to a large degree become mar- 


I 



An elderly Congolese who was among thousands who were forced to flee 
Brazzaville in Congo Republic during the four months of civil war. 

city and the will to intervene on then- 
own account” 

In the turmoil of central Africa, where 
eight contiguous states have suffered 
rebellions of varying intensity this year 
alone, several governments have been 


gjnalized as African leaders decide on 
moves, including military actions, de- 
signed to further their own national in- 
terests. 

“We’re not the main players any 
more,” said a Western diplomat in Kin- 
shasa, the Congo capital. “African 
countries now have the military eapa- 


See AFRICA, Page 10 


AGENDA 


Political Chiefs Gash Over Papon Trial 


French political leaders clashed 
Tuesday over foe trial of the accused 
Nazi collaborator, Maurice Papon, 
amid a fierce national debate about 
France’s collective responsibility for 
its wartime past. 

The Gaullist leader, Philippe 

EU Is. Investigating 
Microsoft Marketing 

EU officials said Tuesday that they 
were looking into Microsoft Corp.'s 
marketing arrangements for its Inter- 
net browser as part of an inquiry into 
unfair practices. On Monday, foe U.S. 
Justice Department accused the com- 
pany of using the “monopoly”- of its 
Windows operating system to force 
PC makers to include its browser in 
pre-loaded software. Page 13. 


Seguin, said foe “poisonous atmo- 
sphere” created by the trial would 
benefit foe far right. 

The Socialist prime minister, Li- 
.onel Jospin, told the National As- 
sembly that he did not know what Mr. 
Seguin was talking about. Page 10. 


The Dollar 


RAGE TWO 

The Treasures of the Bamoun 

“E P*9<5. 

Old Spies, Old Foes, CoAuthors 


New Tort 

Tuesday 0 4 P.M. 

previous dose 

DM 

1.7897 

1.7727 

Pound 

1.635 

• 1.634 

Yen 

120.875 

121.225 

FF 

5.9975 

54365 

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Tuesday dose 

previous does 

+139.00 

8060.44 

7921j44 

I sap 5oo ■ 

dvnge 

Tuesday 04 P.M. 

. previous dose 

+16.64 

972.25 

955.61 


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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 




THE AMERICAS 


* u, ' Ul *^Was CIA Analyst Forced Out? Lawmaker Says Yes 


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•1 By Steven Erlanger 

j fa* 7?wff Senict 

1 n ~ directOT of the 
CIA s Nonproliferation Center, who pro- 

vvided Congress with detailed briefings on 
fome of the most diplomatically sensitive 
m^ances of illicit technology sales to Iran 
from Russia and China, is talcing early re- 
■_> tirement. 1 

"* The official, Gordon Oehler, 55, said in a 
! “»ierview that he was leaving his 

{ job of fus own volition after 25 years in the 
. CIA and more than five years as director of 
the center. ’Hie center coordinates all in- 
- wfugence from various government agencies 
; about the dangers of nuclear weapons and 
1 nussue development throughout the world. 


Mr. Oehlex said he was tired of bpmo a 
target for criticism in a stressful job. “I’ve 
had a lot of heat on a lot of issues for a lot of 
yearn,” he said. “When you’re the single 
spokesman for the intelligence community 
yon get shot at -from a lot of directions, and 
you get tired ofiL” 

Representative Curt Weldon, Republican 
o f Pennsy lvania, who serves on the House 
Co mmi t t ee on National Security, said he be- 
lieved die retirement had been forced. 

Mr. Weldon said he planned to “lead the 
charge” to investigate die circumstances of 
Mr. Oehler’s departure and the “politiciz- 
ation of intelligence.” 

He asserted that Mr. Oehler was being 
punished for giving “honest and forthcoming 
briefings” to Congress about Russian and 


Ch m es**- exports of dangerous materiel, tech- 
nology and missiles to such countries as Iran 
and Pakistan. 

. “This is a watershed event and I’m going 
to make this a test case,” Mr. Weldon said. 
“It’s a pattern of this administration. When it 
gets infor ma tion that runs counter to the 
policy, they try to destroy the person that 
brings the message.” 1 

Mr. Weldon said be had spoken with Mr. 
Oehler abouthis reasons for retiring and said, 
“Well, he’s- got to be careful of what he 
says.” 

Mr. Oehler said that his recent return 
from a long vacation had 4 ‘confirmed for 
me it was time to go.” He said Mr. Weldon 
was incorrect, admng : * ‘This is not a forced 
retirement, but a decision of mine. X’ve 


Congress’s Pay Rise 
Omits the Judges 

WASHINGTON — The nation’s 
federal judges, already feeling beset 
by criticism from many in Congress, 
have found a new reason to be unr 


Last month, for the first time. Con- 
gress approved a 23 percent pay raise 
for itself without including the judges. 
As a result, the more than 1,000 federal 
judges whose salaries -have been tied 
by tradition to congressional pay, have 
had their pay frozen. Their last raise 
was in 1993. 

By most accounts, the exclusion of 
the judges appears to be an oversight 
that should be rectified this month. 
Nevertheless, it just the latest in a 
series of tensions between the judi- 
ciary and Congress, where the Re- 
publican majority has been waging a 
campaign against ‘ ‘activist” judges. 
Also, many vacancies on die bench 
have not been filled, for which Con- 
gress and President Bill Clinton have 
blamed each other (NYT) 

Key Democrat Backs 
Broad Reform of IRS 

WASHINGTON — Representative 
Richard Gephardt, Democrat of Mis- 
souri and the House minority leader. 


has tentatively decided to support leg- 
islation that would bring sweeping 
changes to tfre way die Internal Rev- 
enue Service is run, giving the bill 
bipartisan backing despite objections 
from the Clinton aAntnia t ra tf on . 

Hie bill already has strong Repub- 
lican support, and many Democrats in 
Congress, eager to claim some credit 
for shaking up what is perhaps die 
nation’s least popular bureaucracy, 
have been hopeful that their leaders 
would give-it their stamp of approval 

Mr. Gephardt decided to support the 
bill after weeks of bipartisan nego- 
tiations led to several changes* includ- 
ing die dropping of a provision that 
would have stripped die president of 
the right* to name the agency’s com- 
missioner, Mr. Gephardt’s aides said. 

Assuming there is no last-minute 
change, Mr. Gephardt's endorsement 
probably will ensure the bill’s passage 
m the House with an overwhelming 
bipartisan majority. (NYT) 

Quote /Unquote 

Secretary of State Madeleine Al- 
bright testifying Tuesday before the 
Senate Ap propriations Committee 
about the cost of expanding the North 
Atlantic Treaty Organization: “I am 
confident today that the costs of a 
larger alliance will be real but afford- 
able and that NATO will emerge from 
this process with its military capa- 
bilities as strong as ever.” (AP) 





Lac NonwacMlMm 


Mrs. Albright conferring with Defense Secretary Cohen on 
Tuesday before Senate bearings on the cost of NATO expansion. 




Combat Role for Women? Commanders Still Don’t Get It 


:*>■■* ' 




By Dana Priest 

Washington Post Service 

WASHINGTON — Women fid 
' a “very low” nnmberof thetens of 
thousands ^combat-related jobs 
that Congress and the military's ci- 
vilian leadership ordered die ser- 
vices to open up to them in the last 
several years, according to a study 
commissioned by the Defense De- 
partment. 

Of the 47344 jobs that became 
available to women in 1993 and 
1994, women fill only 8 15 of them, 
the study by Rand Corp.’s National 
Defense Research Institute shows. 

The study noted that lack of train- 
ing and the fact that women make up 

, only 14 percent of the aimed forces 

« j were factors contributing to the 
minuscule change. But it also found 
a significant reluctance by some 


commanders to abide by the law and 
allow women to fill the vacancies. 

Local army commanders, far ex- 
ample, may require infancy expe- 
rience for certain jobs that are sup- 
posed to be open to women, even 
though women are prohibited by 
law from being part of infantry 
units. Some commanders decide on 
their own to limit the number of 
women in certain units or they as- 
sign women to woric in adminis- 
trative jobs despite the fact that they 
are trained for other areas. 

The discovery that some com- 
manders have barred women from 
jobs contrasts with die findings in 
the report that in the newly opened 
units where women are present, 
“gender integration is perceived to 
have a relatively small effect on 
readiness, cohesion, and morale.” 

When 934 service members were 


asked to indicate the factors that 
influenced a unit’s ability to do its 
job, only two people listed a per- 
son’s sex as a factor. Rat he r, train- 
ing and the climate created by unit 
leaders were key- components to 
whether a unit performs welL 
In fact, more than half the en- 
listed men and one-third of the male 
officers favored allowing women 
into all combat positions from 
winch they are now excluded. 
About 80 percent of the women 
supported a change, with many be- 
lieving women should enter combat 
jobs only on a volunteer basis. 

a secorufwave of inquiry^into^he 
question ofbow women and men are 
working together in the armed ser- 
vices. In the last several years, sex 
scandals have shaken all the ser- 
vices. Each service also has con- 


ducted surveys that show what they 
have described as unacceptably high 
levels of sexual misconduct anddis- 

their chain of command will take- 
complaints seriously. . 

The Defense Department is in the 
midst of a yearlong study of wheth- 
er women in the military have been 
given the equal opportunities they 
were promised and whether the ser- 
vices have identified and made the 
changes necessary to successfully 
adjust to their growing numbers. 

‘‘These are difficult issues and 


you really need to get into nxemecn- 
anics of the personnel systems to fix 
them,” sain Sara lister, the assist- 
ant secretary of die army for man- 
power and reserve affairs. “This is 
a question of time.” 

In part as a result of the Taiibook 
scandal, in which navy -aviators 


groped and mistreated female peers 
and civilians at an off-hours party, 
many in Congress believed the mil- 
itary was out of step with changes in 
the civilian workplace and deman- 
ded it catch up. Both Congress and 
the Defense Department opened 
. many new jobs and previously 
closed units in stages in 1993 and 
1994. As a result. 47,544 new jobs 
became available. ■ 

Women in die army are now eli- 
gible to be assigned to all positions 
for which they are qualified, except 

those below the brigade level whose 
primary mission is to engage in di- 
rect combat on the ground. Inis gen- 
erally means they cannot be a part of 
infantry, armor or artillery units. 
Only submarines and small combat 
ships in the navy remain closed to 
women. Women also are slowly 
g aining in number as combat pilots. 


<Mr- — 
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fir- :• • • •• 
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U.S. Laser Hits Space Target 

On 3d Try, Futuristic Weapon Strikes an Old Satellite 






By R. Jeffrey Smith 

WudHnfiftin Post Service 

WASHINGTON — The 
(s U.S. Army fired a powerful 
•- jaser beam from New Mexico 
at an air force satellite whirl- 
ing through space at an alti- 
tude of more than 260 miles 
(415 kilometers) and hit it, 
marking the first targeting by 
such a futuristic weapon 
against an object in space, the 
Defense Deportment has an- 
nounced. . . _ 

It was the third attempt to 

Clinton to Offer 
Greenhouse Plan 

Reuters 

WASHINGTON -P»J 
ident Bill Clinton will imv«l 
his thinking on ways to cut 

tm! to the discussion m 

* Kvoto.*’ said 

House spokesman. M**ad 
McCurry. referring » 1 
conference on *csuhject m 
Kyoto. Japan, m December. 


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fire die laser at the old re- 
connaissance satellite, which 
the air force decided had out- 
lived its useful life. Hie first 
two attempts were obstructed 
by bad weather and a com- 
parer software problem. But 
m the third test, die laser beam 
hit the satellite twice — first 
for less than two seconds dur- 
ing the aiming process and 
then for less than 10 seconds 
to test the laser’s destructive 
power. 

Although the Defense De- 
partment said that neitherthe 
s atellite nor its principal 
sensor had been harmed by 
the test, an official of die Ari- 
zona-based company dial 
made the satellite^ Spectrum 
Astro, said the Defense De- 
partment’s clam was prema- 
ture because key test data 


were still being analyzed. 

According to the Pentagon, 
the purpose of the test, carried 
cat last Friday, was to mea- 
sure the satellite’s vulnerab- 
ility. A secondary purpose 
was to assess the laser 
device’s potential for war. 

The laser was initially 
studied by the U.S. as a 
weapon to destroy low-flying 
cruise missiles. Later, it was 
considered for use against in- 
coming nuclear-missile war- 
heads. The finding was that it 
was not up to either task. 


The Living Legend 


certainty whether the laser’s 
hesrm would be distorted by 
die atmosphere before reach- 
jpg outer space. A Pentagon 
spokesman said he could not 
comment on whether the con- 
cern turned out to be correct. 




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PAGE 3 


never been told to move or retire.” 

Senior administration officials to 

comment publicly on die resignation, but one 
said Mr. Oehler had a tendency to provide bis 
own opinions as if they were those of the 
agency. Mr. Weldon railed the accusation 
unfounded. 

Joseph Cirincione, a senior associate at the 
Henry Stimson Center, which studies anus- 
control issues, said of Mr. Oehler: “Here’s a 
man operating within the rules, sharing in- 
formation with Congress and policy expens. 
And some of the news was uncomfortable, 
and came at a delicate time. Bnt he never 
palled his punches because the news was 
uncomfortable, and apparently this admin. 
istration didn’t like it. I don’t know how .else 
to read h.” 


Away From 

Politics 

• More than 40 percent of 
high school seniors lack a 
basic understanding of sci- 
ence and an equally “dis- 
turbing proportion” stu- 
dents in lower grades donot 
understand toe subject, the 
National Assessment Gov- 
erning Board said. (AP) 

• As many as 10,000 lives 

a year can be saved in the 
United States if people who 
think they are having a 
heart attack take an aspirin 
at the onser of chest pains, 
the American Heart Asso- 
ciation said. (AP) 

• All 21 Roman Catholic 
bishops in Texas, reacting 
to arecord 31 executions in 
the state so far this year, 
urged it to abandon the 
death penalty. ( Reuters ) 

• Jury selection in the 

second Oklahoma City 
bombing trial passed the 
halfway mark, with 41 
people left in the jury pool 
as the trial ofTeny Nichols 
entered its fourth week in 
Denver. Twelve jurors and 
six alternates will be 
chosen. (NYT) 




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PAGE 4 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22,1997 



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U.S. Handcuffs Itself Over Tibet 

Deadline to Appoint Policy ‘Coordinator’ Comes at a Bad Time 


By Steven Lee Myers 

New tort Times Service 

WASHINGTON — With less than a 
week to go before the visit of the pres- 
ident of China to the United States, die 
Clinton administration finds itself in a 
diplomatic predicament of its own mak- 
ing over its pledge to appoint a “special 
coordinator" to oversee U.S. policy to- 
ward Tibet 

The idea has brought protests from 
Beijing, which regards it as interference 
in its internal affairs, while members of 
Congress are accusing the Stale De- 
partment of dithering. 

The administration, caught in the 
middle, is scrambling to avoid a con- 
frontation just as President Jiang Zemin 
arrives Sunday for a weeklong tour of 
America. 

'The question is: Is there a way to 
deal with this appointment without poi- 
soning the overall atmosphere of the 
summit?" asked Jonathan Pollack, a 
senior adviser at Rand Corp. 

Under pressure from Democrats and 
Republicans in Congress. Secretary of 
State Madeleine Albright announced 
three months ago that die would create 
the office to raise die profile of Tibet in 
the making of foreign policy. The prob- 
lem, diplomatically, is that she pledged 
to do so by Nov. 1, the final day of Mr. 
Jiang's visit, which both sides intend to 
be a culmination of months of efforts to 
improve relations. 

With the visit and deadline approach- 


ing, the State Department has yet uj 
announce an appointment, though Mrs. 
Albright’s spokesman, James Rubin, 
said she would make it as promised. 

But other officials in the department 
and at the White House have strongly 
suggested — in interviews and in dis- 
cussions with members of Congress — 
that the appointment wfll be put off until 
after Mr. Jiang's visit or at least after the 
Washington part of it ends on Ocl 30. 

President Bill Clinton may address 
the issue when he gives a speech Friday 
on U.S.-China relations. 

While die administration has sought 
to engage China's rulers oa a variety of 
fronts, a vocal faction in Congress has 
accused it of putting such pragmatic 
concerns as trade over issues of prin- 
ciple involving human rights and re- 
ligious freedom. 

Tibet, which has sought a greater 
degree of autonomy from Beijing since 
Chinese troops . violently established 
Communist nue over the region in 1950, 
has long been a sensitive subject for the 
Chinese. 

An appointment on tile eve of Mr. 
Jiang's visit, the administration officials 
said, would almost certainly be seen by 
the Chinese as an affront. And that could 
upset the progress the administration 
hopes to make on a variety of mafias, 
including a pledge by China to stop 
selling missiles and nuclear technology 
to Iran and other countries. 

“It definitely is not very good for die 
atmosphere," sod an administration of- 


ficial, speaking on condition of an- 
onymity. 

Yu Shu Ning, a counselor at the 
Chinese Embassy in Washington, said: 
“Our position is very clear. We are 
opposed to any interference in China's 
internal affairs.” 

The administration 's failure to fill the 
job by now is already drawing criticism 
from Tibet's s upporter s in Congress, who 



Republican 
North Carolina, sent a lota to Mrs. Al- 
bright two weeks ago pointedly, if po- 
litely, recalling the deadline, and mgmg 
tee appointment of “someone of stature 
who win command respect.” Senator 
Daniel Panick Moymhan, Democrat of 
New York, sent a letter Iasi Friday. 

The United States does not regard 
Tibet as an independent country, nor 
does it support its independence from 
China. Bntithas long been s up p or tive of 
Tibet's spiritual leader, the Dalai Lama, 
who was awarded the Nobel Peace Prize 
in 1989 fbrpeacefully advocating more 
autonomy for his homeland. 

'In addition to coordinating policy to- 
ward Tibet, which now fails between two 
bureaus in the State Department that 
oversee China and human nghts, the new 
office is supposed to promote talks be- 
tween the Dalai Lama's representatives 
and tee Chinese government. Mrs. Al- 
bright promised that the coordinator, 
wmlenot an ambassador with diplomatic 
credentials, would travel to tee region. 



t ' 1 North Korea Frees 

‘Abducted’ Farmers 




Rewm 

The captives before being freed by North Korean soldiers. 


WOMkmgtwi Post Service 

TOKYO — North Korea oh Tuesday returned 
two South Korean fanners arrested near the border 
that divides tee two countries, easing tensions that 

had arisen ewa what was assumed to be d» fiat 

kidnapping of civilians along tee border ixi 20 

ye The exact details of the fanners* arrest were still 
unclear, but tee 66-year-old woman and her 41- 
Year-old son said tew had accidentally crossed into 
land controlled by North Korea. They had beea 
held in North Korea since Friday and were turned 
over to United Nations Command officials just 
before noon Tuesday. " 

On Friday, officials said teat they believed teat a 
dozen North Korean soldiers had entered terrain 
controlled by South Korea and had abducted tee 
farmers. 

Tuesday morning, officials from bote North and 
South Korea met in the area inside the Derail, 
itarized Zone where the fanners were arrested tad 
held an “investigation.” Afterward, tee twafenia-. 
•ers said they had crossed into the northern hatfdf the 
zone accidentally, and they were promptly freed i. 

There to no fence or wan teat se parat es worth and 
South Korea. Instead small signs , often rusted, 
difficult to see and spaced far apart, trace the 242-' 
kilometer (15 1-mile) military demarcationline that 
divides the two Koreas. The DemilitarizedZone is 
aswate of land 2^ miles wide; the demarcation line ' 
cuts it in half. North Korea controls the area north 
of the line and South Korea controls tee land south 
of it This border area is often called the most' 
dangerous in tee world because of tee vast sutebor j 
of soldiers and artillery trained on it and tee land 
mines te at carpet it. 


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Of Opposition Candidate 


CmpMtU^OarSMfFhrniDipatcka 

SEOUL — Sooth Korea’s prosecu- 
tor-general said Tuesday thJ any in- 
vestigation into allegations that tee op- 
position leader Kim Dae Jung was 
operating a slush fUnd would be delayed 
until after the Dec. 18 presidential ejec- 
tions. 

The announcement was a rebuff to 
the governing- New Korea Party, 
which filed a complaint last week de- 
manding an inquiry into its clafrnatha t 
Mr. Kim bad amas sed $73 million in 
slush funds and stashed it in relatives’ 
accounts. 

Public opinion polls show Mr. Kim 
well ahcM of four other candidates, 
including the governing party nominee, 
Lee Hoi Chang, who is running a distant 
third. 

“We have come to this decision 
because we concluded teat an inves- 
tigation two months ahead of pres- 
idential elections would cause a 
severe split in public opinion, dif- 
ficulties for the economy to revive and 
chaos in tee country,” Prosecutor- 
General Kim Tae Joung said at a news 
conference. 

The news helped Seoul stocks rally 
Tuesday afternoon, before a wave of 
foreign selling erased some of the gains.. 
Investors had been worried that an in- 
quiry into Mr. Kim’s financing activ- 
ities would increase political instability 
ahead of tee elections. 

While some political analysts said the 
prosecutor's office had no choice but to 
delay the inquiry, others criticized tee 
decision as bong selective. 

The governing party said it regretted 
tee decision, saying it meant prosecu- 


tors had no intention of investigating the 
case. 

• But Kim Dae Jung's National Con- 
gress said the decision ‘‘showed tee 
New Korea Party’s complaint was a 
fabrication for political attacks” to 
make up for the sagging popularity of its 
presidential candidate, Mr. Lee. 

Kim Tae Joung, tee prosecutor, em- 
phasized that he would crack down on 
any corruption uncovered in the cam- 
paign. 

“If tee old state of campaigning does 
not change in this election, we will cany 
out an investigation into past and 
present election funds,” he said. “We 
will also investigate the elected can- 
didate and those who ran in tee elec- 
tion.” 

This year alone, state prosecutors 
have jailed several close aides to Pres- 
ident Kim Young Sam and lawmakers 
involved in inflnence-peddUng for 
loans to Hanbo Group, which went 
bankrupt in January. 

The scandal also engulfed the' pres- 
ident’s second* son, Knn Hytrn Oral, 
who was cleared of any wrongdoing in 
the Hanbo affair, but was sentenced to 
three years in prison on Oct 13 for 
bribery and tax evasion in unrelated 
cases. 

In late September, the government 
pardoned seven of the country’s top 
business leaders, who were convicted of 
illegal contributions to the “retirement 
accounts 4 ' of former Presidents Chun 
Doo Hwan and R oh Tae Woo. 

The two were sentenced to life for 
mutiny and treason for their role in a 
1981 coup, and also on corruption 
charges. (Reuters, AP) 


Beijing Gives UN Rights Team 
Access to Political Prisoners 


Return 

GENEVA — For the first time. 
United Nations human rights experts 
have bad private interviews with about 
30 inmates in China including political 
prisoners, tee UN human rights spokes- 
man said Tuesday. 

The experts, Kapil Sibal of India and 
Louis Joinet of France, carried out an 11 - 
day mission at tee invitation of Beijing. 

They are senior members.of tee UN 
working group on arbitrary detention, 
which reports to the UN Commission on 
Human Rights. The experts' report to 
tee commission is expected to be re- 
leased early in 1998. 

Mr. Sibal and Mr. Joiner visited pris- 
ons in the Tibetan capital, Lhasa, and in 
S h a n g ha i They also visited a juvenile 
delinquents’ penitentiary in Ch«igrin t a 
pretrail detention center and a "re-edu- 


cation through labor” administrative 
center for women in S hanghai and cus- 
tody cells in a Beijing tribunal, a UN 
statement said. 

‘‘In all tee above facilities, the del- 
egation could have access to a o amber 
of detained persons, bote suspects, ad- 
ministrative detainees and convicted 
persons, whom it selected at random and 
interviewed without the presence of any 
official,’' the commission 

John Mills, UN human rights spokes- 
man. said That the mission, which ended 
Thursday, had been "generally success- 
ful." 

Mr. Mills said that it was tee first rfma 
a UN team had "been able to operate in 
this way in China, visiting prisons f Tvat 
have not been visited by foreigners be- 
fore and interviewing in private prisoners 
of their own choosing.’ 


Indian State’s Hindu Nationalists 
Win Post-Brawl Confidence Vote 


• Reuters 

LUCKNOW, India — Hinrfn nation- 
alists won a crucial vote of confidence 
in tee state of Uttar Pradesh on Tuesday 
after deputies traded blows and threw 
chairs and microphones at one another. 

The dispute pitted deputies of the 
Hindu party Bharatiya Janata, which 
won the voce, against centrist and leftist 
position groups. 

Political analysts said teat events in 
tee stale, which accounts for a max- 
imum 85 seats in India's 545-seai Fed- 
eral Parliament,. could influence elec- 
toral alliances and eventually the 
composition of India’s federal govern- 
ment. 

Witnesses said the Bharatiya Janata 
chief minister, Kaiyan Singh, who lost 
crucial support from tee low-caste 
Bahujan Samaj Party on Sunday, won 


tee vote ofconfidence after a walk-out 
by opposition groujK- 

State assembly officials said tee gov. 
- eminent won 222 votes in tee 425-seat 
assem bly, helped by overnight splits in 
three opposition groups tear opposed 
the Bharatiya Janata Party. 

Opporition members shouted slogans 
against the Bharatiya JanataParty. “W e 
won’t permit tee murder of democra- 
cy,” they sate “We won’t let this gov- 
ernment function.” 

In the final -count, Bharatiya Janata 
Party members accounted for 175 votes 
and minor allies and independents 11. 

All other votes came from breakaway 
factions of groups that officially op- 
posed the Bharanya Janata Party. 

Uttar Pradesh has £hren India 8 of its 
13 prime ministers since independence 
in 1947. 


BRIEFLY 


Ban onLandMines 
Favored in Japan 

TOKYO — With globaT pro^ 
sure building to eliminate fanfl 
mines, Japan indicated Tuesday 
that it would sign a c om prehe ns ive 
ban once alternatives axe found 

Prime Minister Ryutaro Hashi- 
moto met with heads of several 
ministries -and said afterward teat 
"we will move to sign tee .treaty 
soon,” according to a FbreighM&t 
isby official who spoke an cus- 
tomary condition of anonymity. - ■ 

Before the decision is finally en- 
dorsed by the cabinet, however, Ja- 
pan must find alternatives to land 
mines and study ways to comply 
with the agreeme n t under the U.S.- 
Japan security alliance, the min- 
istry official said. 

The United States is among tee 
most vocal opponents of the treaty, 
contending that mines are impor-_ 
tant to stability on the Korean Pen-" 
insula. Japan's military leaders also 
have been hesitant, calling tbs 
country’s long coastline difficult to 
defend without mines. (AP) 

Singapore Air Peril 

SINGAPORE — Singapore told 
the elderly and those with heart or. 
respiratory disease to reduce ex- 
ertion Tuesday as sxnog produced - 
by brash and forest fires in In- 
donesia sent air quality into tee 
unhealthy range again. 

Like much of Southeast Asia, , 
Singapore has been subject ro fre- 
quent bouts of smoky haze since 
August, with the son a rare sight on 
those days. (Reuters) 


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Black Boxes Found 

JAKARTA — Investigators 
found both flight recorders Tues- 
day from a jetliner that crashed 
Sept. 25 in Indonesia, killing all 
234 people aboard. 

One of the so-called black boxes, 
the voice recorder, was buried in 
muddy soil beneath the tail section 
of the plane, the Antara news 
agency reported. 

The second black box, or flight 
data recorder, was found about 
three hoars later, said Transpor- 
tation Minister Haryanto Dha- 
nutirto. (AP) 

No Ban onMovies 

HONG KONG — The latest 
Hollywood movies about China 
and Tibet can be shown in Hong 
Kong , an official said Tuesday in an 
""parent move to allay fears that 
:ying will otjecL 
"Under existing laws, there is 
nothi ng to prevent these movies 
from being exhibited or shown in 
Hong Kong,' 'said Brian Chan, sec- 
retary for broadcasting, culture and 
sport. 

He was reacting to reports that 
Hong Kong movie distributors are 
refusing to screen “Red Comer," 
about an American businessman 
who runs afoul of Chinese author- 
ities, and “Seven Years in Tibet” 
and “Kundnn,” bote about the 
Dalai L am a , the exiled Tibetan 
leader. 

Newspapers have said teat dis- 
tributors are exercising self-censor^ 
ship, rather than ac ting on ordeft 
from above. (AP) 

For the Record 

A. bail drag at a Bombay rail- 
road station collapsed Tuesday, 
filing 9 and injuring 60, hospital 
souiras said. Two others were 
killed by a train when they dashed 
onto tee tracks to escape falling 
debus, the police said. (AP) 




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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22. 1997 

EUROPE 


RAGES 


briefly 


Russian Communists 
Urop Confidence Vote 

Tuesday £ ““a vo« 
« &» government’s 
Program, the party 
leader, Gtmnadj Zyuganov, said. 

we believe in real actions *■ Mr 
Zyuganov said after a meeting of Conu 
mun. st deputies in «£*§& IW 

dr ^ e [f[°^? e J. acl ' on has decided to 
drop toe no-confidence motion in the 
government that we initiated ** 
pr ™ c P 3 ^ *»d met to consider wheth- 
5 T I? Wlth the vote after Pres- 
ident Boris Yeltsin’s government com 
promised with the op^ST* C ° m ‘ 

. W j no-confidence vote had been 
scheduled for Wednesday. Mr. Zvugan- 

memriL^ P ^ fty WOuld make a SIate - 
ment to™ on lts next move. (Reuters) 

Ciller’s Husband 
Charged in Turkey 

ca M J x CA 5 A “7 A Turkish prosecutor 
said Tuesday that he has charged the 

husband of former Prime MinisterTansu 
CiilCT with altering documents about die 
family s holdings in the United States. ' 

Ozer Ciller has been accused of 
changing figures on the balance sheets 
of GCD Corp.. the family’s manage- 
ment company in Salem, New Hamp- 
shire, that oversees the family's real 
estate holdings in the state. 

The prosecutor, Metin Olmez. said 
l the figures were lowered to make it lot* 
as though the company was making less 
than it was. He did not give the figures. 

If convicted on charges of altering 
official documents, Mr. Ciller would 
face a maximum sentence of eight years 
and six months in prison. (AP ) 


Body Parts Found at Pastor’s Homes 


Agtnce Frmtee-Pnsse 

BRUSSELS — Belgian police re- 
sumed jheir hum Tuesday for human 
remains at houses belonging to Andrus 
Pfindy T a pastor who was charged Mon- 
day with murdering two former wives 
and four of his c hil dren 

The search was concentrated on an 
unoccupied property in the .Brussels 
suburb of Moleobeek. where the police 
have uncovered a human. leg, pieces of 
skull, a hip and unidentified pieces of 
flesh. 

Another house'owned by Mr. Pandy 
in the same neighborhood and his main 
residence in central Brussels were also 
to be scoured, prosecutors said. 

As die searches continued, more de- 
tails of his past began to emerge, some 


of which added to fears that the mem- 
bers of his immediate family may not 
have been the only victims. 

-Belgian media reported that one of 
Mr. Pandy ’s surviving 1 children, Ag- 
nes; 39, Testified that her father had 
relationships with about 20 Hungarian 
women in the early 1990s, when he 
was looking for a third wife and placed 
a series of advertisements in Hungari- 
an newspapers. 

• Boro in Csap, Hungary, on June I, 
3926, Mr. Pandy left for Belgium after 
the Russian invasion of his homeland 

in 1956. ,- 

In 1968 he.was granted Belgian cit- 
izenship, although he also maintained 
Hungarian nationality. A fluent Dutch 
speaker, Mr. Pandy earned a comfort- 


able living as a religious ins true lor in 
several schools in Flanders. 

Mr. Pandy was first married in 1956 
to a fellow Hungarian, Llona Sores. 
They had three children: Agnes and 
two sons. Daniel and Zoltan, who are 
now thought to have been murdered by 
the pastor. 

Mr. Pandy’s second wife, Edith Fm- 
tor, had three daughters from previous 
marriages, two of whom, Tunde and 
Andrea, he is believed to have killed. 

The couple had two children to- 
gether. 

The two former wives and four chil- 
dren were reported missing in the late 
1980s, but Mr. Pandy convinced the 
authorities that they were living in 
Hungary. 



Rridm 

Mr. Pandy, the Belgian suspect. 


Cold War Foes Team Up to Tell a Berlin Spy Story 


Spain Denies Aznar 
Had Argentine Help 


By William Drozdiak 

Washington Past Service • _ 

BERLIN — Even fora city that came 
to symbolize East- West rivalry between 
intelligence, agencies, the taje of the 
tunnel is considered something 'special. 

In May 1955, American and British 
agents embarked on one of the most 
costly and painstaking adventures of die 
Cold War. At an American: radar station 
in die Rudo'w district on the southern 
edge of Berlin, they dug ammdeiground 
shaft and burrowed their.way some 500 
meters (600 yards) into the' Soviet sec- 
tor. There they tapped into a network of 
cable lines that carried Soviet and East 
German communications. 

“Operation Gold” soon yielded a 
bountiful harvest of information. The 
lines were used extensively by Soviet 
military intelligence and the East Ger- 
man government, and every day some 
4,000 meters of Teletype printouts and 
thousands of telephone conversations 
were relayed back to the West for scru- 


tiny by the Central Intelligence Agency 
and Britain's MIS security service. 

■ For David Murphy, the CIA’s Berlin 
station chief at 'the time, the tunnel was 
considered die biggest intelligence coup 
of the decade. It came at a time when the 
West had no spy planes or satellites to 
eavesdrop on Soviet activities and pre- 
cious few sources of information on what 
was happening in the Eastern sector. 

But unbeknown to Mr. Murphy and his 
associates, the Soviets were well aware 
that they were hemorrhaging information 
to die West Mr. Murphy’s rival, Sergei 
Kondrashev, die head of KGB operations 
in Germany, learned about plans for the 
tunnel even before it was built, from a 
Soviet mole inside British intelligence 
named George Blake. 

The Soviets decided that protecting 
Mr. Blake’s identity was more impor- 
tant than the privacy of their military 
communications. For 1 1 months and 1 1 
days, they allowed some 443.000 con- 
versations to be overheard by die enemy 
— until Mr. Blake could be reassigned 


without attracting suspicion. Then, to 
the West's great embarrassment. Soviet 
troops “discovered” the tunnel with 
great fanfare just when the Soviet leader 
Nikita Khrushchev was making a state 
visit to Britain. 

The sagas of the tunnel and other 
Berlin “spy vs. spy” capers are recoun- 
ted in intriguing detail by Mr. Murphy 
and Mr. Kondrashev, who recently pub- 
lished their joint memoirs in English 
under the title “Battle Ground Berlin.” 
After serving as ardent foes on the front 
lines of the Cold War, they met in Mos- 
cow for the first time in 1993 and decided 
to get together in Florida to write an 
account of the espionage game as seen 
from both sides of the East-West divide. 

Hie result is a fascinating account of 
how the shadowy struggle between the 
two postwar superpowers over four de- 
cades spawned a unique kinship among 
intelligence agents who generally de- 
veloped respect rather than disdain for 
each other. It offers a frank confession 
of intelligence failings, involving such 


MADRID — The Spanish govern- 
ment has denied repons that Argentina's 
intelligence agency channeled funds for 
Prime Minister Jose Maria Aznar's elec- 
toral campaign through its embassy in 
Madrid, news reponssaid Tuesday. 

. Several newspapers, including El Pais, 
i a leading daily, quoted a former assistant 
director of Argentina's SIDE intelli- 
gence service. Ricardo Natale, as saying 
the financing began around 1 993 and was 
channeled through two embassy staff 
members and a member of the SIDE. 

Mr. Natale was unable to specify how 
much money was involved, but said it 
was sent in cash. El Pais reported. (AP) 


Dover Seeks Financial Help to Deal With Flood of Gypsies 


Agence France-Presse 

DOVER. England — Authorities in 
the southeastern English port of Dover 
were seeking urgent financial aid Tues- 
day from the British government to help 
deal with an influx of Czech and Slovak 
ties who are seeking asylum. . 
ie local council's deputy leader, 
Keith Fenin, said that the Defense Min- 
istry had agreed to make available an 
empty army barracks in the nearby 


The 


town of Deal to house asylum seekers. 

He added that up to 800 had arrived 
in the last few days, the most Dover 
has ever seen. 

Earlier this year, a tide of Gypsies 
tried to seek refugee status in Canada 
after a television documentary aired in 
the Czech republic portrayed Canada 
as a land of milk and honey. 


visa requirements for Czech nati onals . 


effective OcL 10. As a result many 
Czech Gypsies found their passage to 
Canada — via Amsterdam and London 
— blocked because they would have 
arrived after the cutoff diale. 

A Home Office minister. Mike 
O'Brien, said Tuesday that he would 
consult with colleagues about possible 
extra funds for Dover. He added that 
changes needed to be made in the 
immigration system. 


key events as the 1953 workers’ up- 
rising in East Germany, the construction 
of the Berlin Wall in 1961 and the 
defections of top West German offi- 
cials. But it also shows how the pen- 
etration of rival intelligence services by 
both sides — and the steady flow of 
inside information — helped keep ten- 
sions in check. 

During a recent visit to Berlin to 
promote their book, Mr. Murphy and 
Mr. Kondrashev made a nostalgic tour 
of their former turf — stopping to pose 
for pictures next to the Soviet war me- 
morial. the Brandenburg Gate and, of 
course, the notorious runnel. Part of the 
decrepit shaft, which now srands sur- 
rounded by a patch of private gardens, 
will soon be moved to the Allied Mu- 
seum in the former American sector, 
where it will be displayed as one of the 
more unusual relics of the Cold War. 

At each stop along their tour, Mr. 
Murphy and Mr. Kondrashev reminisced 
about the bad old days and marveled at 
how, even in their wildest fantasies, they 
never imagined they would eventually sit 
together at a sunny resort in Florida to 
collaborate on their memoirs. 

Mr. Kondrashev insisted that despite 
the deadly competition there was little 
personal hatred toward the other side. 
“As in any other game, you develop a 
healthy respect for the players who are 
on the other side.” he said. 

Mr. Murphy acknowledged that a 
close rapport grew up between the rival 
agents .because they were constantly 
keeping tabs on each other. He char- 
acterized the relationship as a "psychic 
friendship’ ’ even though the agents nev- 
er got the opportunity to meet on the 
Cold War battlefield. 


2 Are Charged 
In Deaths of 22 
Elderly Danes 


The Associated Press 

COPENHAGEN — A nurse and a 
doctor have been charged in connection 
with the killing of 22 patients at a nurs- 
ing home for the elderly, the police said 
Tuesday. 

The victims, aged 65 to 97. died after 
injections of a morphine-based drug al- 
legedly administered by the nurse, the 
police said. 

They referred to the killings as “eu- 
thanasia,” but it was not immediately 
clear if any of the victims were cases of 
assisted suicide. 

Both euthanasia and assisted suicide 
are illegal in Denmark. 

The nurse also is charged with theft 
and embezzlement from nursing home 
patients of 629,000 kroner ($95,000). 

The Copenhagen City Court on T ues- 
day banned publication of the names of 
the nurse, the doctor, the home or any of 
the 22 deceased — a common practice 
in Denmark. 

“I’m shocked.” Ib Schultz, manager 
of the modem facility in downtown 
Copenhagen, told Danish television. 

Jan Brockhoff, a member of one of 
the local councils that advise city au- 
thorities on matters concerning the el- 
derly, said the investigation began in 
February. 

“The family of a person who died 
there contacted the council about some 
theft but also because the death itself 
was unnatural.” Mr. Brockhoff said. He 
said the information was passed on to 
the police and that the investigation 
began shortly afterwards. 

The police said the killings took place 
at the state-run nursing home between 
August 1994 and March of this year. 
The victims were 15 women and seven 
men, aged 65 to 97. The nurse was fired 
in March although the reason for the 
dismissal was not immediately known. 

The nurse, in a tearful court appear- 
ance, denied the killings and said she 
had given the morphine-based medicine 
to patients on orders of the doctor. Dan- 
ish radio said. She also said she had 
given medicine to patients without a 
doctor's orders on one or two occasions, 
the radio said. 

She is charged with murder and the 
doctor with negligent homicide and 
breach of duty. 

In the initial investigation. Copen- 
hagen medical authorities noticed that 
there had been eight deaths in the 
nurse's department this year while only 
one person had died in another, similar 
department, the radio said, quoting 
court documents. 


t; 



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The New Dimension in Global Business: 
The Expansion of Asian Firms 


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Relentlessly non-Japanese Asian 
firms are growing, expanding 
beyond their national boundaries, 
beyond the region and into 
Europe. Whether it is through 
acquisition of European companies, 
joint ventures or production and 
marketing facilities in Europe, 
this is a new dimension in inter- 
national business which can not be 
ignored. Even the recent upheavals 
in the foreign exchange and share 
markets in some East Asian coun- 
tries will only cause a temporary 
slowing of the process- 

INSEAP, die international business 
school loom'd in Fomainebleau. 
Si-ov kilometres south of Pans, 
established a Euro-Asia Centre 
1 H vests ago to acquire and com- 
municate knowledge on Asia. On 

,, November IIP a ^pecal 

forum w ill be held. The New 

Dimension In Glob 31 Bus,ness ' 


Conference date: 14 November 1997 

International conference 
at INSEAD in Fontainebleau 
of major importance 
to European business 

The Expansion Of Asian Firms, 
featuring leading academics and 
business people. They will exa- 
mine and debate what the Asian 
expansion might mean for 
European business. 

A limited number of places are 
available - at 1,000 francs, includ- 
ing lunch - lor this one-day - event. 

Has the xenophobic attitude of 
the French government towards 


the acquisition of Thomson 
Multimedia by Daewoo achieved 
anything? Why is this same Korean 
fir m building cars in Poland? Is 
Britain a Trojan horse" in encou- 
raging FDI from Asia? How much 
of a threat does the Asian willing- 
ness to experiment, high speed in 
implementation and high capacity 
of learning pose to European 
firms? 

The issues and - the discussion will 
be wide-ranging, but the theme 
will be constant: what are the 
implications for European busi- 
ness. Please fax the form below or 
E- mail isabeUe.Ci'arQinsead.jr for 
your programme and attendance 
form. It is an opportunity not to be 
missed. 


INSEAD EURO-ASIA CENTRE 


io: INSEAD Emo-ftsia Ccnuc 33 (0) 1 60 72 -lO 49 
Please send me foe programme and application form for 
72 * Vrt r Dimension ie Global Business: The Expansion of Asian Firms on 14 November. 199? 






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PAGE 6 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 


INTERNATIONAL 


Romania Tries to Restore Giant Danube Delta 


By Marti se Simons 

New York Tima Service 




TULCEA, Romania — Marios Con- 

• dac, a wildlife warden in the immense 
; delta of the Danube River, remembers 
! when a sudden frenzy rippled through 
; this quiet, waterlogged world, one 
! where change is normally measured by 
‘the rising and falling of the seasonal 
7 floods, by the reed harvest or die nesting 

• of pelicans. 

; It was the mid- 1980s and Romania's 
! Communist dictator. Nicolae Ceausescu, 
a man known for ambitious and destruct- 
. ive schemes, had decreed that large slices 

- of the delta be transformed into grain 
! fields. He sent 6,000 men to build dikes 

- and pump the land dry. Water plants died 
7 and animals were driven from more than 

240.000 acres (96,000 hectares) and the 

- new grounds were flattened and planted 
. with wheat and rice. 

• There was more. Uncounted pelicans 
!and cormorants were shot because they 

• were eating too many fish. The birds 
'were upsetting a state plan known as 

• “optimizing fish species." 

' By the time Mr. Ceausescu was him- 
! self executed by a firing squad in 1989, 

■ the delta scheme was failing . 

! “The soil was not suitable and there 


was no money for chemicals," said Mr. 
Condac, 39, standing on deck of a boat 
as it chugged along one of the river’s 
mucky branches near its mouth at the 
Black Sea. 

In the name of economics and the 
environment, scientists and engineers 
from several countries are now trying to 
reverse one of the biggest and fastest 
land-grabs in recent history. 

They have already punched gaps in 
half a dozen dikes and dams and let the 
river spill back over more than 9,000 
acres. Other drained areas are set to be 
reflooded. The agency overseeing the 
)ject is the Danube Delta Biosphere 
i, which was created by the Ro- 
manian government in 1991 and en- 
compasses most of the wetlands’ 2,200 
square miles. Ukraine, which owns 
aoout one-sixth of the delta, is expected 
to join. Financing comes from the 
World Bank’s Global Environment Fa- 
cility and other foreign donors. 

The boldness of the restoration proj- 
ect has caught the attention of engineers 
and ecologists elsewhere in Europe and 
in the United States. 

*' ‘Nothing on this scale has ever been 
tried before," said Erika Schneider, a 
scientist at the German Institute for 
Rood Plains Ecology, an arm of the 


World Wide Fund for Nature, which is 
involved in the plans. "We know about 
no other delta being destroyed aiid re- 
stored within such a short period." 

Converting wetlandS'into arable land . 
and construction sites is,- of course, an- 
age-old practice .and such land is rarely 
returned to nature'. But that view is being 
slowly eroded by a new movement to 
restore wetlands and flood p lains for the 
purpose of protecting wildlife and con- 
trol flooding by giving the river more 
space. The thinking is that fish or flood 
protection may be more valuable than 
farmlands, as in the Danube delta, 
where agriculture barely succeeded. 

The Ceausescu technicians damaged 
almost one-fourth of the delta on tbe 
Romanian side, said Marian-Traian 
Gomoiu, until recently the head of die 
Biosphere Reserve. "They completely 
changed the philosophy of water cir- 
culation, and feeymade a mess. '* He said 
that the reclaimed lands quickly became 
too (fay. producing prairie vegetation, and 
that irrigation with river water was dif- 
ficult because water evaporated quickly 
and left behind too many minerals. 

At this point, the remains of tbe grand 
scheme are still visible in the extensive 
network of levees. Discarded rusting 
machinery is scattered along the banks 


downstream from Tulcea. 

Bat the Danube delta remains 
-Europe’s largest wetland west of the 
Volga: Straddling the border of. Ro- 
mania and Ukraine; if is a vast patch- 
work of islands and swamps created by 
tbe river's final split into three main 
branches, each with its channels and 
backwaters where water and nutrients 
breed a multitude of living things. 

On tbe flyways of many migrating 
birds, tbe delta serves as breeding, resting 
or feeding grounds for 32 5 species, with 
large flocks wintering here. Some are 
rare and threatened, like the black stork, 
white pelican and pygmy cormorant. 

In spring,. shad and sturgeon make 
spawn runs up the river and there are fat 
carp, bream and pike nudging among 
the rushes and the water lilies. Mr. 
Ceausescu and senior Communist Party 
officials used to come here to hunt the 
area's wild boar and deer. . 

. Of the 20,000 people living in this 
watery maze, a number were forced to 
move to make way for-the Ceausescu 
plan. But many others remain in small 
villages and hamlets in the swamps, 
trapping fish. and game and earning tiny 
sums from harvesting the reeds they sell 
as mats, roof covering or; especially, for 
cellulose. Some keep bees, taking ad- 



BRiEHY 


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NYT 


U.S. Backs Off Its Call 
For New Iraq Sanctions 


By John M. Goshko 

^Washington Post Service 


UNTIED NATIONS, New York — 
In an attempt to defuse strong oppo- 
sition from Russia and France, the 
United States is backing away from its 
call for immediate new sanctions 
! against Iraq for interfering with United 
Nations weapons inspectors and has 
offered to wait six months for the Se- 
curity Council to act against Iraq, UN 
diplomatic sources said. 

But, the sources said, the United 
States wants a commitment that the 
sanctions automatically would take ef- 
fect then if President Saddam Hussein’s 
government continues to defy UN or- 
ders. So far, Russia and France have not 
accepted that condition. 

At issue is a proposal by the United 
Stales and Britain to toughen the sanc- 
tions imposed on Iraq after its 1990 in- 
vasion of Kuwait to include a ban on 
international travel by Iraqi military and 
intelligence officials. The aim is to force 


: Planeloads of Aid 
: Arrive in Brazzaville 


• The Associated Press 

• BRAZZAVILLE, Congo Republic 
— Planeloads of medical and military 
aid began arriving in the capital Tues- 
day to help its recovery after four 

• months of civil war, but the situation 

! was far from calm. 

A French trooper guarding the French 
Embassy in Brazzaville was wounded 

• by gunfire overnight, and three French 
citizens were reported detained in the oil 

. capital. Pointe- Noire, by forces of the 
new ruler. General Denis Sassou- 

. Nguesso. In and around the capital, hos- 

• pitals were overrun by people in need of 
medical care but unable to get it because 

- of a lack of supplies. 

More planes carrying 30 tons of 
equipment were due in coming days. 
The French will work with a UN team 
that will evaluate humanitarian needs. 


Iraq to stop hindering UN 
charged with eliminating Mr. Saddam's 
remaining weapons of mass destruction. 

Washington began pressing for the 
new sanctions in June but ran into op- 
position from Russia and France. Both 
countries have strong economic in- 
terests with Baghdad and advocate a 
more flexible and conciliatory line. 

After President Bill Clinron inter- 
vened with President Boris Yeltsin of 
Russia during the Group of Seven in- 
dustrial nations summit meeting in July, 
a compromise was worked out that also 
won French agreement. It called for the 
Security Council to give Iraq until Oct 
1 1 to cooperate with UN inspections or 
face a travel ban. 

That deadline has expired, and the 
United States and Britain — citing con- 
tinued Iraqi blocking of inspections — 
are circulating a resolution that would 
have the 15-nation council impose the 
restrictions. But Russia and France, 
each of which can veto any resolution, 
are arguing that the council should wait 
before resorting to further sanctions. 

U.S. officials declined to say Monday 
night whether Washington had offered 
the compromise described by other dip- 
. lom&tic sources. 

• Bffl. "Richardson, the U.S. represen- 
tative to the Uni ted Nations, said: “The 
last resolution said there would be ad- 
ditional sanctions if they don’t comply. 
We are following the letter of the law, 
and we don’t want to send them a signal 
that they can violate UN sanctions.” 

However, James Rubin, the State De- 
partment spokesman, hinted that the 
United States was looking for a com- 
promise. 

Mr. Rubin also said that Secretary of 
State Madeleine Albright spoke last 
weekend with the French foreign min- 
ister, Hubert Vedrine, and the Russian 
foreign minister, Yevgeni Primakov. 

France hopes to gain contracts and 
concessions in the Iraqi oil industry once 
sanctions are ended. Russia is owed 
billions of dollars for weapons sold to 
Mr. Saddam’s military by the defunct 
Soviet Union but cannot* collecr until 
Iraq again begins earning oil revenue. 



Uirhirl Gumhm'Bio* 

White pelicans, which nest in the Danube Delta, have become rare. 


vantage of the summer wildflowers. 

"It’s lush now, but it’s vety harah here 
in winter," said Radu Mihnea. a biologist 
at the Marine Institute in Constanta, 
already noting the autumn chill. "People 
are cut off, sometimes they have to use 
icebreakers to get to a doctor. I've seen 
swans with feeir feet stuck in the ice." 

For the delta’s people, Jong removed 
from the outside world, tbe fall of com- 
munism has brought its own changes. 
For example, they are seeing a new 
species: the first Western tourists. The 
visitors — ■ among them devoted bird- 
watchers — stay on ships because hotel 
accommodations remain rudimentary. 

There is also the novel notion of 
.protecting nature. Mr. Condac com- 
mands a new contingent of 92 wildlife 
wardens. He said he needs another 40 of 
them because poaching is much worse 
since the dis mantling of co mmunism . 

“Poachers respect nothing — fish, 
otters, wild boar — even -if it’s the 
breeding season," he saidr 

A fishing ban for sturgeon is under 
consideration. Once plentiful, it has 
dwindled because its roe is prized as 
caviar. ■ 

Unexpected support has come from 
the Eastern Orthodox Church. Its spir- 
itual leader. Ecumenical Patriarch 
Bartholomew, who is based in Istanbul, 
has made the defense of the region’s 
damaged environment church policy. 

On tbe Ukrainian side of the wet- 
lands, Orthodox . clerics have recently 
signed an agreement with the nature- 
reserve director, Alexander Volaskevic. 
Mr. Volaskevic will use some of his 
funds to repair old monasteries and 
priests will exhort the faithful to respect 
God’s creation. 



Rebels in Algeria 
Link Truce to Rote 


LONDON — The Islamic Sal- 
vation Front in Algeria threatened 
Tuesday to rad the unilateral cease- 
fire of its armed wing if local elec, 
dons this week failed to break a 
political 
temi 



group an- 
fin 


noonced Iasi month a cease-fire as 
of Oct. 1 by its armed wing, the 
Army of Islamic Salvation, which 
has been fighting for five years to 
overthrow the authorities. (AFP) 


Israel Eases Rules 
On Palestinian IDs 


JERUSALEM — In a minor si gn 
of relaxation after months of crisis, 
Israel has authorized fee'Palestin- 
ian Authority to deliver identity 
cards directly to residents of the 
West Bank and Gaza Strip, official* 
said Tuesday. 

The decision, which emerged 
Monday from U.S.-mediated ne- 
gotiations, will facilitate the issu- 
ance of identity cards to fee 2.5 
million residents of the occupied 
territories who have' previously had 
to request such documents from the 
Israelis. 


(AFP) 


Clinton Drug Czar 
Explains Latin Trip 


BOGOTA — The White House 
drug czar, Barry McCaffrey; has 
discounted the significance of a 
meeting he had with Colombia's 
president, Ernesto Samper, who 
has been linked to drug campaign 
donations. Tbe visit Monday ended 
a two-year freeze on top-level U.S. 
contacts with Mr. Samper. 

Mr. McCaffrey said -his talks 
were intended to encourage “the 
literally millions" of honest people 
in a nation "wracked by. drag cor- 
ruption." (AP) 




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Mexico’s governing party 
maintained its strong hold on the 
southern state of Tabasco after 
elections seen as a test of its grip on 
local power. But opponents on the 
left and right made gains in nearby 
Veracruz. . (AP) 


• • J 


William McGill, Ex-Columbia University President, Dies at 75 


New York Times Service 

NEW YORK — William James Mc- 
Gill, 75. a psychologist and teacher who 
led Columbia University in the 1970s as 
it recovered from years of student re- 
bellion and financial distress, died Sun- 
day in La Jolla, California. 

He was hospitalized last Wednesday 
after a heart attack, according to the 
University of California in San Diego, 
where he was chancellor at the height of 
campus unrest over civil rights and the 
Vietnam War. 

Mr. McGill became the 16th pres- 
ident of Columbia in September 1970. 
He had been chancellor at San Diego for 
two years and a psychology professor 
for five. 

Mr. McGill presided at Columbia at a 
time of mending. Partly because of the 
student upheavals, the university fi- 


nances were troubled. Over 10 years, be 
oversaw the balancing of cite books 
through strict controls. 

Even as enrollment rose to 17,500 
from 15,000, the nontenored faculty 
was trimmed and tuition doubled, to 
more than $5,000 a year, by 1980. 

During Mr. McGill’s tenure, 
Columbia also completed a $100 mil- 
lion construction program. 

In 1968 at San Diego, Mr. McGill 
became head of the Academic Senate 
and a search committee looking for a 
new chancellor. He promptly ran into a 
storm when Governor Ronald Reagan 
and other conservatives objected to bis 
reappointment of Herbert Marcuse, a 
Marxist, to the faculty. 

Students began demanding accept- 
ance of radical views, and soon the 
once-tranquil campus was in tormoiL 


The radicals called Mr. McGill a pig; the 
American Legion urged his dismissal, 
largely over fee Marcuse case, and fee 
faculty was split 

But Mr. McGill .waded into the fray, 
listened to fee students and opened a 
dialogue. Tbe regents decided to let Mr. 
Marcuse's contract run out 


Pilar Miro, 57, Spanish Director 

MADRID (NYT) — Pilar Miro 
Romero, 57, a pioneering- female di- 
rector of movies and television who also 
fostered Spain's film industry by in- 
troducing state aid for promising young 
filmmakers when she served in fee So- 
cialist government of the 1980s, died 
here of a heart attack Sunday. 

King Juan Carlos L a friend of Ms. 
Miro’s since they were law students in 
Madrid 40 years ago, paid condolences 


at fee city morgue on Sunday. 

Just two weeks ago, she directed 
Spanish state television’s coverage, 
broadcast worldwide, of fee wedding in 
Barcelona of the king’s daughter Prin- 
cess Cristina. 

Ms. Miro’s film "Bekenebros," a 
tale of intrigue about fee resistance dur- 
ing Franco’s dictatorship, won a Silver 
Bear award at fee Berlin Film Festival in 
1992. Her movie "El Peiro del Hor? 
telano.” a lavish adaptation of a 17th- 
century Spanish comedy about palace] 
romance, garnered seven prizes, includ-’ 
ing best director, at this year’s Goya 
Awards, Spain's top film honors. 

Ms. Miro, who became the first wom- 
an to direct dramas for Spanish tele- 
vision in 1966, was known for her link 
to progressive causes like fee fight 
against racism. 





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NOTICE OF SKLZllkE 

NOTICE IS HEREBY GIVEN 
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SI. 019.0 OO. 40 in U-S. 


Cnrreacv-L Eddie L. Cotter, Jr^ 
Special Agent, United States 
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WEDNESDAY, OCTOBER 22, 1997 


EDITORIALS/OPINION 


iteralh 


INTERNATIONAL 


Pt'BUAIISD WITH TliB NEW YORK TIMKS *M fHfi WASUIMCtON POST 


. -Z • _ S. . . 

A Chance for Japan to Assist Southeast Asia 

■ ■ ■ « V X '■ * k 11 J fn itt ra^ihlii 


$1" ' .i (4 , 

tKt- 


Getting Tokyo to Budge 


Last week brought the prospect of 
U.S. Coast Guard ships seizing Jap- 
anese cargo vessels, or barring them 
from U.S. ports, because of a bilateral 
trade dispute. It seemed almost in- 
comprehensible that two good allies 
would come to such a confrontation. 
But what is really hard to fathom is 


why Japan still seems incapable, with- 
out such threats from outside, of mak- 


out such threats from outside, of mak- 
ing changes that its own politicians 
lout as being in Japan’s interest. 

There were complaints that the U.S. 
threat arose out of nowhere, but in. fact 
this trade spat, like most such disputes 
with Japan, goes back a ways — 14 
years, by some accounts. Japan’s ports 
are “highly restrictive', inefficient and 
discriminatory the U.S. trade rep- 
resentative's office said in its 1997 
report on trade barriers. Most shippers 


— including Japanese shippers — 

agree. The highly regulated, mono- 


agree. The highly regulated, mono- 
polistic association that controls Ja- 
pan’s ports, long reputed to have ties 
with organized crime, increases costs 
and limits competition. 

Japan's promises of reform have 
come to naught, so earlier this year 
a little known U.S. agency, the Federal 
Maritime Commission, threatened to 
begin imposing fines on Japanese 
shippers. Still no progress — so the 
commission began levying the fines. 
When the shippers didn’t pay, the 
commission announced that it was tak- 
ing action — and Japan began ne- 
gotiating in earnest. Officials from 


week a Japanese panel once again told 
them to take a hike. 

Japan’s dosed market hurts foreign 
firms, but it hurts Japanese consumers, 
too. Prime Minister Ryu taro Hashi- 


moto repeatedly has vowed to dereg- 
ulate: such deregulation could add 1 .25 


ulate; such deregulation could add 125 
percentage points to the annual growth 
rate of the nation’s sputtering econo- 
my, according to a Japanese govern- 
ment report. Anti-competitive prac- 
tices in Japan’s ports are a perfect 
example, driving business to South 
Korea and other Asian nations. 

■ Yet there was no prospect of reform 
until those Coast Guard cutters 
loomed. It is not encouraging for the 
chances of wider reform. 

—THE WASHINGTON POST. 


Fencing With Libya 


Libya is pressing hard to free itself 
from die United Nations sanctions im- 
posed on it for refusing to extradite two 
suspects in the bombing of Pan Am 
Flight 103 over Lockerbie, Scotland, 
nine years ago. It has persuaded Arab 
and African leaders to begin ignoring 
restrictions on Libyan flights, and it is 
trying to persuade the Lockerbie vic- 
tims ’families to accept financ ial set- 
tlements so that it can avoid a criminal 
trial altogether. And Tripoli has re- 
vived its 1994 offer to let the suspects 
be tried by Scottish judges under Scot- 
tish law, but in' a country other than 
Britain or the United States. 

Justice would not be served by a 
financial settlement. What is needed is 
a credible trial and appropriate pun- 
ishment to deter new airline terrorism. 
But the offer of a trial under Scottish 
law is worth further exploration. Amer- 
ica and Britain should invite Libya to 


discuss how such a trial would work. 
For example, when and into whose 
custody would the Libyan suspects be 
extradited? By what legal mechanisms 
could Scottish justice be enforced out- 
side Britain? Washington and London 
have long worried that if they accepted 
Libya’s offer, sanctions would be lift- 
ed. while Tripoli could use arguments 
over details and procedures to delay the 
extraditions and trial indefinitely. 

The logical safeguard against such 
trickery is to keep the sanctions in 
effect until the trial has been completed 
and a verdict announced. With their 
veto power in the Security Council, the 
United States and Britain ran ensure 
that that is tire case. What they can no 


longer guarantee is that other countries 
wmcontinne enforcing the sanctions if 


will continue enforcing the sanctions if 
they believe that Libya’s offer has not 
received a fair hearing. 

— THE NEW YORK TIMES. 


Arms Transactions 


The figures on internati onal arms 
sales are out, up and hard to read. 
According to the London-based In- 
ternational Institute for Strategic Stud- 
ies, sales grew by 8 percent last year. 
But sales grew by 13 percent the year 
before. For the seven years before that, 
sales declined. The $40 billion in cur- 
rent sales is less than half of the 1987 
Cold War peak of $85 billion. 

In fact, the numbers provide only a 
rough index of some different tend- 
encies. They do not simply indicate 
relative global danger or instability, 
the same figures could indicate relative 


security or tranquillity. They may 
point even more to the state of the oil 


point even more to the state of the oil 
market — anxious oil producers tend 
to have the big bucks that make arms 
transfers soar — or to the economic 
condition of other big buyers. The 
numbers may also indicate whether the 
militaries in developing states are ci- 
vilian-controlled or running free. 

Among arms exporters, America 
leads by a hefty margin; in die last year 
it sold $17 billion worth, 42 percent of 
the total sold. A lot of buyers prize the 
combination of high technology and 
political patronage that usually comes 
with American arms. Among importers, 
last year was the first in which pur- 
chases by Asians, being either anxious 
or rich, surpassed those by Europeans, 
who live in the part of the world whose 
security benefited most from the col- 
lapse of the Soviet empire. 

Mythology' to the contrary notwith- 
standing, arms soles are not inherently 
dangerous. But they ore dangerous 
whim they go to predator or revolu- 
tionary regimes like Iraq’s or Iran’s. 
They can also be seriously destabil- 
izing when they affect the balance of 
power between contending countries or 
the balance of political elements within 
a given country. Moreover, it rankles to 
see arms flow to governments that are 
not freely elected, that abuse their cit- 


izens’ rights or that neglect economic 
and social development- 

in these considerations lies the im- 
pulse behind efforts to tie public policy 
strings to arms sales. In America, pres- 
idents have been doing some of this 
work by diplomacy practically forever. 
Congress has been trying to do it with 
legislation at least for the last 20 years. 
The effort is inherently adversarial 
Typically it pits a Congress demanding 
more influence in making foreign 
policy against a president arguing for 
executive flexibility. 

In the current case. Bill Clinton does 
not seem to us a president insensitive to 
the reasonable policy inclinations of 
would-be congressional arms-transfer- 
controllers. But he is obliged to deal, as 
Congress usually is not, with the gritty 
problem of inducing the foreign com- 
petitors of American arms producers to 
accept American-type policy limita- 
tions on the lucrative arms commerce. 

Demonstrably, diplomacy has a 
hard time doing the job. Still, dis- 
closure of arms transactions, espe- 
cially those that their makers seek to 
hide, can do a useful part of it 

— THE WASHINGTON POST. 


Other Comment 


Courting Latin America 


This was not a hardball trip. The 
Clinton party did as much sightseeing 
and celebrating as trade talking. But 
it has been an eye-opening journey, 
long overdue. 

And it is not Bill Clinton’s last op- 
portunity to make good on his promise 
of a free trade zone in the Americas. He 
will meet with other Western Hemi- 
sphere leaders in Chile next March. 
The groundwork provided by this trip 
may pay off then. 

— Los Angeles Times. 


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H ONG KONG — What can or 
should Japan do to help Us eco- 


both countries claim that a deal is in the 
works, and for now the .threat of 
seizures is in abeyance. 

You can criticize die commission 
for picking the wrong target; Japan’s 
shipping companies' are victims, too. 
You can point out protectionist aspects 
of U.S. shipping and shipbuilding. But 
it is hard to avoid die conclusion that 
too often it takes this kind of a sledge- 
hammer to make progress in talks. 

The two sides reached agreement 
two years ago to open Japan’s market 
to imports of glass for construction; 
this week they are back in talks be- 
cause the market remains closed. For 
years, U.S. and European governments 


XJ. should Japan do to help its eco- 
nomically distressed Asian neighbors? 
Clearly there is a feeling in the region 
that there should be more self-help and 
less reliance on the Internationa] Mon- 
etary Fund, which is well regarded but 
viewed as Western-biased. 

Much of the pan- Asian talk has been 
hot air. Given the number of countries 
in Southeast Asia now in difficulties, 
mutual help is simply impossible. Of 
the three largest foreign exchange 
holders (Japan, China and Taiwan), 


By Philip Bowring 


S i cions and if those outside, notably the 
nited States, do not want their own role 


United States, do not want their own role 
or that of the IMF eroded Japan? 

Southeast Asia is critical to Japan, 


but no single country is as important as 
Mexico was to the United States. Nor 
does Japan have the kind of govern- 
ment that put together the package of 
policies and money which Washington 
brought to the table in 1995. Japan will 
join but not lead rescues. 

That is not to say that Japan must 
remain largely a policy spectator, open- 
ing its p urre once the IOT has negotiated 
rescue terms. It should take some bold 
initiatives now with die express objec- 
tive of helping neighbors regain equi- 
librium ana restore foreign confidence. 
These would not be aimed at supplant- 
ing the IMF but at supplementing it in a 


only Japan ts in a position to lead any 
regional cooperation. Taiwan is a oari- 


regionaJ cooperation. Taiwan is a pari- 
ah. China’s reserve accumulation is 
very recent and unlikely to be durable. 
It is unnatural for a fast-growing de- 
veloping country such as China to be a 
net exporter of capital. 

The region’s other OECD members. 
South Korea and Australia, have some 
economic weight, but both are large 
debtor countries. 

So the onus of leadership comes back 
to Japan. How can it exercise it if some 
in the region, notably China, are sus- 


beneficiary of the weak yen that results 
from insipid domestic demand and re- 
cord low interest rates in Japan. 

Tte rest of Asia is the main loser. Its 

exports, before recent devaluations, 

were undercut by the strong dollar. The 

weak yen and weak domestic demand 
are curtailing imports from. Asia. 
ASEAN now has a $20 billion trade 
deficit with Japan. If the United States 
could adjust its domestic policies to 
help Mexico, why cannot Japan do the 


pmw when a broad swathe of neigh- 

hnr« an> <n iff Anne from & Weak VC U? . 


way that only Japan can. 

• Stimulate demand in Japan 
through tax cuts. This might be seen as 
part of a U.S. agenda. However, the 
fact is that die United States is the main 


bore are suffering from a weak yen? 

• Offer very large long-term loans for 
infrasmeture to governments , in the re- 
gion at interest — a premium over 

die current Japanese long bond yield. 
These would enable countries to cap 
short-term private sector debt, which has 
been the chief cause of recent chaos, 
without dramatically cuziailiDg growth. 
The iranc would need to come with 
st rict conditions. One would be trans- 
parency in usage of funds; another 
would fbcuse on elimination of gross 
oveprotectioD for new iodnstnes such 
as “national cars." (One of Malaysia’s 


so-called solutions to its problems has 
been to raise duty bn car imports.) 

Japanese insistence on more open 
markets is anyway essential if ASEAN 
free trade objectives are not to be killed 
off by investment policies driven by. 
nationalism and cronyism. ... 

• Encourage use' of the yen as a 
reserve, trading and lending currency in 
Asia. Excessively dose linkages to the 
dollar have been a major factor in cur- 
rency turmoil- Japan has done almost 
nothing to encourage use of currency 
baskets in which the yen plays a Uug& 
role. Japanese have brought more trou- 
bles on themselves by lending dollars, 
not yen. The Bank of Japan should be 
far more active, in providing instru- 
ments that are of use to the region. It 
should create financial linkages that en- 
courage Japanese institutional investors . 
to diversify away from dollar loans. '. 

It may be too much to expect the 
Japanese bureucracy to do anything. in 
a nany. But if ever there was an op- 
portunity for Japan to help itself by 
helping the region, this is iL 

International Herald Tribune. . 


ii- t v 


. 3. 


. ’•_£ -- 


St* 1 "" 

JL 


.:*■**' i^* 


, • - 


Notice How Being Firm With Beijing Helps China to Change 


H ONG KONG — China’s 
tolerant approach to retain- 


XA tolerant approach to retain- 
ing Hong Kong's cosmopolitan 
openness is testament to the vir- 
tues of Western vigilance. 

The implications for the 
meeting in Washington next 
week between Presidents Jiang 

7m min and Bill Plintnn are Hear 

China can be constructively en- 
gaged, but only when the West 
takes a firm view of how to 
change Chinese behavior. 

The recently concluded con- 
gress of the Chinese Commu- 
nist Party provided conclusive 
evidence of how Western 
strategy works and how C hina 
pretends it does not. 

The heart of Western strategy 
is to entice China to evolve 
peacefully into a more open so- 
ciety and capitalist economy. 
When Mr. Jiang's report to the 
congress made much of the fact 
that China was at ’’the primary 
stage of socialism,” C hina was 
in reality admitting the virtues 
of its capitalism. 

Linguistic somersaults were 
also evident when Mr. Jiang 
defined the socialist “public 


By Gerald Segal 


sector" as including the.col- 
, lectively owned part of joint- 
stock companies. When share- 
holding is described as social- 
ism, there is no limit to bow 
capitalist China can become. 

Pr agmati sm underlies these 
ideological acrobatics. Mr. Ji- 
ang told the congress: “The 
fade we are undertaking is a new 
one. Marx did not speak of it, 
our predecessors dia not do' it, 
other socialist countries have 
not done iL We can only study 
as we act, to find our way 
through practice.” 

Such pragmatism will lay the 
basis for eventual political re- 
form, even though die imme- 
diate results of the congress can 
be seen as a step back from 
political liberalism. 

The elevation of Li Peng, a 
conservative, and the defeat of 
Qiao Shi, a reformer, were an 
attempt to pretend that political 
reform can be pushed off for 
some time. The reality will be 
very different As the rest of 
East Asia has shown, economic 


openness eventually requires 
political openness. 

There was some political're- 
form at die congress. The armed 
forces lost their one uniformed 
presence on die powerful Stand- 
ing Committee of the Politburo, 
and in general the military was 
given a lower profile. Civiiian- 


the terras for joining the World 
Trade Organization will ensure 

(hat China enters only when it is 


ready to play by die rules. 

Those rules on openness and 
interdependence will reshape 
flhina. Just as East Asia’s eco- 
nomic crisis shows that there 
are no Asian solutions to Asian 
crises, so there is no point in 
re tting Chian believe that it can 
buck mark ets or rewrite rules. 

On militar y issues, tile same 
conclusions apply. Beijing can 
bully its neighbors only so long 
as they lack external support. 
Even with aircraft carriers, 
China, would be no match for 
Western powers using advanced 
communications and computer- 
ized information processing. 

A firm but patient Western 
strategy that includes incentives 
for good Chinese behavior on 
aims control and in refraining 
from intimidating neighbors 
can help ensure a less fraught 
relationship with Beijing. 

A major cause of current 
Southeast Asian woes was in- 
creasing competition from 
lower-wage industries in China 


iring of government in China 
bodes well for the peaceful set- 


bodes weu for the peaceful set- 
tlement of disputes with neigh- 
bors and suggests a maturing 
political system. 

The hairiest part for die West 
in managing a China (hat 
changes while pretending not to 
is in keeping op the pressure. So 
long as tiie Chinese foolishly 
believe that time is on their side, 
they will have rime to become 
more open and capitalist 

China is a weak power, and if 
the West keeps its cool China 
will be unable to grow unless it 
allows itself to be reshaped. 

China needs access to West- 
ern markets more than the West 
needs access to Chinese mar- 
kets. Remaining steadfast over 


assisted by an undervalued 
Chinese currency. Mr. Jiang,'’ 
not George Soros, damaged the 1 ; 
competitiveness of -Thailand;*’ 
Malaysia and Indonesia. j 


Several more years of inter- 1 '. ^ . 
Asian competition will make r -'"- 
clear to East Asians that they*- 
need to rethink their opposition 1 ' 
to Western demands for setting? 
strict rules in dealing with-f 
C hina. East Asians have a vest-* : 
ed interest in tying Beijing tothed' 
liberalizing rules of the WTO. 

Teaching China that it cannot^ 
throw its weight around is also?. - 
achieved by denying Beijingthe* 
ability to set the agenda in the 
South China Sea or the Taiwan? 
Strait As this reality -dawns* 
more frilly in East Asia, the*’ 
West will find it easier to get 1 '; 

of fErrmess toward ChiruL^^i 


R-c 


- 1 -- > ’**?• 
J . *4 -4 

*** 

■■■*■*. 4 ■ 


; -v-- v me 
. - ’• ■■■ 

- • •: r -.4 


The writer is director of studAM 

■ srt th o Infxtmsrrinnsil f ncrrhifmi i’ 


ies at the International Institute *> 
for Strategic Studies in London L 
and director of Britain’s Pacific « 
Asia Program. He conrribuiedk 
this comment to the Interna- 
tional Herald Tribune. 1 - £ 

.1 


j; 

:r .: t 




-- ^ % 


British Foreign Policy: Riding Off in Two Directions at Once 


VC 

ins 


B RUSSELS — British for- 
eign policy is more than 


By Roy Denman 


usually difficult to understand 
because it seems to be riding off 
in two directions at once. 

Robin Cook, the foreign sec- 
retary, has completed a whirl- 
wind six months in office. 

First he zoomed off to Paris 
and Bonn proclaiming that Bri- 
tain should form, with France 
and Germany, a triangle that 
would lead Europe. Reflecting 
recent history, the reactions of 
his European partners varied 
from incredulity to umbrage. 

He then issued, with high- 
tech show business razzmatazz, 
a “mission statement” which 
made no effective mention of 
the world’s superpower, the 


United States. Some in Wash- 
ington termed it the “omission 
statement” 

In New York he confronted 
the crusty Jesse Helms, chair- 
man of Senate Foreign Rela- 
tions Committee, and told him a 
thing or two about the Amer- 
ican attitude to the United Na- 
tions. He was shown out before 
time. A British journalist re- 
ferred to Senator Helms eating 
Mr. Cook for breakfast 

In Pakistan on a royal tour he 
raised the possibility of Britain 
mediating in the dispute with 
India over Kashmir. This- in- 
furiated the Indians. 

In 1950, such initiatives — 


keeping Britain at the top table 
in Europe, telling off some 


in Europe, telling off some 
brash American senator, and of- 
fering, from file heights of only 
recently relinquished imperial 
grandeur, to mediate, between 
far-flung lands — would have 
seemed only natural. But Suez 
blew apart the illusion of Bri- 
tain as a great world power. 

So Mr. Cook has fallen into a 
grandiose time warp — not a 
difficult thing to do in the 
stately old palazzo which 
houses the Foreign Office. •. 

At the same time, at 10 
Downing Street, things are 
heading smartly in a different 
direction. 


No Peacemaking Without People 


W ASHINGTON — Ev- 
eryone has a different 


VV eryone has a different 
theory as to what is killing the 
Oslo accords for peace in the 
Middle East Certainly the ob- 
vious candidates are terrorism. 


By Marc Gopin 


and even champion peace- 
making. One cannot do that 
when tiie vast majority of the 


corruption in the Palestinian . population is not part of the 
Authority, or the provocation peace process. 


of the Palestinian public by the 
Likud government 

But tiie accords were flawed 
from tiie start Their methods 
always excluded 99 percent of 
those whose lives would be 
affected. The secrecy and elit- 
ism of the process always 
gua ra nteed that the accords 
woe highly vulnerable to pop- 
ular fear and rage. 

That is the bad news. The 
good news is that this means 
that all paths to a new Middle 
East have not been exhausted. 

Two key factors can destroy 
peace processes: terrorism 
and the destructive dynamics 
of rejectionist politics. 

In the age of terrorism, 
there is no such thing as peace 
with real security whoa just 5 1 
ar even 61 percent of a pop- 
ulation are for a peaceful set- 
tlement. A small fraction of 
terrorists can move the mod- 
em’ slate to utter despair, rad- 
icalizing politics sufficiently 
to prevent compromise. 

Counterterrorism is impor- 
tant but it just keeps terrorism 
at bay; it cannot stamp it out 
What really undermines the 
terrorist is making peace into a 
very broad-based process, so 
broad that it undermines the 
support that terrorists need for 
their activity. 

It is the same with the polit- 
ical process. The only way to 
undermine rejectionist poli- 
tics is to give politicians a 
good reason, in terms erf their 
power base, to go along with 


Political leaders cannot 
move significantly beyond 
their constituency. The key is 
to make social change on a 
large scale an integral part of 
any negotiated peace process. 

This popular peace process 
should be geared toward what 
each side perceives as its 
deepest injuries. Thus, for Pal- 
estinians it may involve bear- 
ing apologies for the seizing of 
Palestinian lands in the past 
or for the brutal conditions of 
the occupation. For Israelis it 
would involve, apologies for 

the murder of Jews. 

Israelis will need to see 
much more evidence of Pal- 
estinian concern for the value 
Of Jewish life. Pales tinian s 
will need to see evidence of a 
much greater effort to honor 
their culture, and value them 
as equal neighbors in the 
Middle East with their own 


independent land. 
This will be a 


This will be a rocky pro- 
cess, with many gestures be- 
ing rejected. That is expected. 
It is repeated gestures over 
years that break the enemy 
mold, such as what King Hus- 
sein has done vis-a-vis the Is- 
raeli population. - 
The honor of the cultures 
involved is key here. Today 
notiung causes more violence 
than ethnic or cultural humi- 
liation, but nothing is a better 
healer of the injuries of war 
than cultural af&matioa. ■ 
This popular path, com- 
bined with continued formal 


negotiations, a much more 
conceited international effort 
to bypass local corruption and 
improve the lives of the 
poorest Palestinians, and a 
conceited international effort 
to protect Jewish life from ex- 
tremists will prove to be the 
keys to lasting peace. 

The United States should 
insist behind closed doors, 
that both sides make popular, 
conciliatory gestures, ana tfiar 
they enable the building of 
relationships between doc- 
tors, social workers, business 
men, educators and re lig ious 
representatives, who would be 
willing to meet to build peace 
and justice together. 

A few such meetings have 
been taking place, but they 
have never received serious 
official backing. This would 
create a web of relationships 
that takes ou its own dynamic 
and becomes part of a com- 
plex but productive process of 
broad-based peace making . 

I have been told by insiders • 
that Bill Clinton simply may 
noi have the power to steer 
both sides in this direction. 
Nonsense. Jimmy Carter 
knew what he wanted, and be 
got it at Canqj David. 

It is time to introduce the ' 
rest of the Israeli and Pales- 
tinian population to the peace 
process. 


It is difficult, from the nods 
and winks, press leaks, govern- 
ment denials and counter press 
leaks that seem to have replaced 
parliamentary government, to 
tell precisely what is going on. 
The best guess is this. 

Britain cannot join European 
monetary onion when it starts 
on Jan. 1, 1999. The question is 
how soon thereafter. Gordon 
Brown, chancellor of the Ex- 
chequer, would have favored a 
date only a year cm- so later. The 
prime minister, Tony Blair, 
does not want a date before the 
next election year, 2002; oth- 
erwise the two-thirds of the 
British press that is North 
American -owned and loathes 
Europe and tiie prospect of a 
single currency would crucify 
him and put at risk his chance of 
a second term. 

Tt is not clear that Mr. Blair 
has frilly realized the interna- 
tional consequences of this do- 
mestic decision. 

A week or so ago the French 
and the Germans agreed that die 
monthly meeting of Commu- 
nity finance ministers, Ecofin, 
would be preceded by a meeting 
of a Eurocouncil erf the mem- 
bers of monetary union. 'Imag- 
ine the scene. 

Some weighty econo mic and 
fin anc ia l questions await de- 
cisions. EtJ finance ministers 
meet But before they meet the 
Eurocouncil, of the II finance 
m i nist e r s whose countries are 
members of monetary union, 
has to confer. 

The meeting is tense. It goes 

on all day and most of the nigh l 

Telephone calls go out to Wash- 
ington and Tokyo. . Mr. Brown 


waits outside, biting his finger- 
nails. Then at 0700 hours agree- 
ment is reached. Hundreds of 
journalists flash the terms all 
over the world. 

The wider meeting of Ecofin.. 
then begins. Mr. Brown and his. i 
Greek, Danish and Swedisfaj ! 
colleagues are called in and ac- ; 
□uainted with the decisions of ? 
the EurocounciL Mr. Brown b& > 
gins a lengthy intervention, but j 
oo one is listening. - : ! 

The other ministers, ex-i j 
hausted but elated by having h 
come ' to an agreement, are } 
streaming away. |[ 

The Eurocouncil has de-tf 


Her 


ine cuiucouncii nas QC-j 1 
cided. The four fringe coontriesj; 

can take it nr lirmn ir $1 


|M - 1N7TWN 
if 


can take it or lump iL ji 

And the Eurocouncil will notf 
restrict itself to monetary mat-!|j 
ters. Other issues will begin ttij: 
be raised, and other ministers ofji 
the Eleven will attend r! 

The Europe of the Eleven!* 
with 277 million people and all 
GDP of $5.4 trillion, will be-I«j 


.-ii 

> i? 

ATiCNiAv M 

» I 

41 ! < ’ i «I.!R 


Sl&krotiqR 

Rational ;■ 


tafi 


come a major power in thejSi 
world. For at least four yearsji! 
Britain will be ont of the lotto- Si 
So Britain seems to have twqd| 
foreign policies, a maximalist® 
one based ou illusions of thej^V 
imperial past, and a minimaJistuj 
one based on fears of the do-™ I 
mestic future. It is time' some-I|j 
one put them together. Jg 

When they dp, perhaps they[jl 
might wrap the result in denial-}*! 
proof paper and leak it to theffl 
press. il‘ 




* 




ir 

The writer, a former repreru] 

sentative in Washington of ih& t 
European Commission, con-jT 
tributed this comment to the /ikttj 


temational Herald Tribune. ' 


JNOUR PAGES: 100, 75 AND 50 YEARS AGO ill. 

— — 

1897: Defiant General tiers and laws of the American^ 


5^ 


°*r4 


NEW YORK — The situation 
in Havana is considered alarm- 
ing. Yesterday [Oct 20] Gen- 
eral Weyler refused to relin- 
quish his office to General 
Jimenez Castellanos, who came 
from tiie field to replace him. At 
a banquet at the Governor’s 
palace. General Weyler made a 
s peech frill of insinuations, and 
attempted to justify himself be- 


tiers and laws of the American)*] 
administration of the isIaud|V; 
United States mari nes woe firsfitf ! 
landed in Santo Domingo oirF- 
May 6, 1916, when revolution; - 
broke out and hostilities beganf 
in the street between President]; 
Jfoiinez’ troops and the insur-w 
gents. The American Govern^ . 
ment finally assumed military ii 
control on January 3, 1917. H 


*■- v. 


fore hand for anything he m»gfr r 1947: Palestine Defense^ 


do to prevent Spam’s present nn>TrcAr cm t J?i 
Mmary.from carryiTISt 


The writer, a senior asso- 
ciate at the Center for Strategic 
and International Studies, 
teaches in the Philosophy and 
Religion Department at 
George Mason University and 
is an associate faculty member 
at the Institute for Conflict 
Analysis and Resolution. He 
contributed this comment to the 
International Herald Tribune. 


Z Sr .""*5 

would bring disaster to hL be- SjUSJ!? 1 ! Ara ^ Y ? u * 
loved country. 


1922: Marines to Leave 


ga ni zaaon, the only large or-jj 1 
ganized Arab force in Palestine^] 


declared that armed units 
fch of the country’s 1,50® 
Arab villages and towns arA 
preparing to defend “familiesjS 


to a proclamation issuern^fthl defend “famiheg , 

Military GovenxT^f San£ £?- 1 ? mes a 8 ainst P°ss«, 
Domingo, tiie withdrawal ofthc ^ 

UnAedStates marines will beirin OFgsmzahon, dej s , 

as soon as Provisional ftesidem character, ha^j 

Burges ratifies tiie executive or- a “f s 811(1 does not ‘HP 

or- sire a showdown battle. -3i 


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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 


PAGE 9 


OPINION/LETTERS 


1 — 

• =; v v .^* v- 


^Missing a Beat: The News 
Without the Newsroom 

By Richard Harwood 

news business is cofrftroted ti< ^ Po^^cal and social issues. 
With cm mteresting idenSv^S ■ 5® center’s staff of 15 to 20 
lcm these days, centerine “Negators and supervisors in- 
flation Of Who is a journalist!* 16 a - lot rf ' fonner journalists. 

_Who broke the wonderful t»u start ?ti out as a reporter 

of the White House as abed a nA. iWihnmgton, Delaware) 

breakfast stopovS forfet^ News Journal, moved on to ABC 

campaign contributors? " ca * to where he 

Not the national newsraner* S ?*® 1 Wlfll M3ke Wallace of “60 

terests behSS the caS^Ss m start up the center. 

pass the NAFTA bifll^rfrfJS • I V s ^ > cai ycars center has 
the Clinton universal healthS^ J*®®* i? 8 re P orts - Were these re- 
plan? 0,81 bGaltl1 carc ports journalism”? Or did they 

Not the national j»«xne journalism only after bo- 

magazines news mg picked op by the press or made 

*«» DM 1. .mta, „T 

prudential candidates of the 

Not the television networks. 

Au of these stories were the 
product of the Center for Public 
Integrity, one of the hundreds of 
nonpr ofit, tax-exempt special-in- 
terest groups squirreled away in 
offices all over Washington. It is 
not, by any traditional definition, 
a “news organization.” 

It neither owns nor leases print- 
ing presses or broadcasting star 
tions. Its “reporters” and '“ed- 
itors” carry no mess cards. They 
are ineligible for White House 
Impress conferences, seats in the 
* , congressional press galleries, 
membership in the American So- 
ciety of Newspaper Editors or the 
Radio-Television News Directors 
Association. “We don’t need 
those things,” says its executive 
director, Charles Lewis. 

It doesa ’ t need printing presses 
or broadcasting outlets because its 


mpate practice journalism whale 
compiling them or were they re- 


— ie center has a budget' 

— $1 millimi to SUmOfion a year 
— compared with network news 
budgets that have topped $300 
million a year and with budgets for 
national newspapers ranging to 
$100 million or more. But it 
doesn’t attempt to cover the news. 
Instead it focuses each year on 
three or four projects and is able to 
recruit cheap labor in the form of 
journalism sfawtenta and interns 
who help build the big computer 
databases on which most of its 
reports are based. 

Its “Buying of the President” 
project involved 6 reporters, 16 
researchers and 103 college stu- 
dents. Big news organizations 
could assemble task forces of that 
size but rarely do. So the center’s 
work is often unique. 

— , .~t o--- — ~ i» A lot of the news we now con- 

work ism great demand by the big some originates in this way — asa 
newspapers, magazines and tele- product of non- “news” organi- 


tviIlirriiioH'-atOr; 


vision networks. The center dis- 
tributes its “scoops” around the 
world. It doesn't need seats in the 
White House or congressional 
press facilities because that’s not 
where you find the stories the cen- 
ter pursues. Its big capital invest- 
ment is in a bank of 30 top-line 
‘^desktop computers that create 
* original databases dealing with 
the intersections of money and 
politics and other subjects among 
the center’s range of interests. 

It win produce before the year 
2000 election a political money 
database for each of the SO states 
and is framing alliances with 
foreign journalists to create 
databases dealing with interna- 


zations. They offer their reports at 
little or no cost to the newspapers, 
magazines and broadcasters that 
distribute them. 

Their economic nourishment 
comes primarily from founda- 
tions, not from the marketplace. In 
the case of Mr. Lewis’s Center fra 
Public Integrity, die philanthropic 
angels include the John D. Mac- 
Arthur Foundation, the Rocke- 
feller Family Foundation and the 
Carnegie Foundation. Their 
money has built a going concern 
that is likefy to become, if it has not 
already, a prototype fra at least one 
form of the “New Journalism” 
that is emezgmg from cyberspace. 

The Washington Post. 



T^MzaGee- 

W —Ttaf Sradteato 


LETTERS TO THE EDITOR 


Message of Weakness 

Regarding “ Israelis Set the 
Pace, and They Don’t Like Suicide 
Bombings" (Opinion, Oct. 17) by 
Thomas L. Friedman: 

Mr. Friedman stops short of the 
inevitable conclusion. His state- 
ment that as long as suicide bomb- 
ings don’t stop, Israelipolitics can 
never start should be followed by 
this: Israel’s enemies are using 
suicide bombings to paralyze Is- 
raeli politics.' 

■ Oar top priority must be to pre- 
vent another war by sending a 
clear message to all potential en- 
emies: We are so strong that you 
have no hope' of defeating us, and 
it will cost yon dearly to attack us. 
Instead, the Netanyahu govern- 
ment is sending a constant mes- 
sage of weakness to our enemies 
in Syria and elsewhere. 

We have allowed terrorists and 
the fear of terrorism to change our 
government and re vase oar policy 
as embodied in the Oslo peace 
process. There may be legitimate 
reasons to oppose Oslo. But al- 
lowing fear of tenorism to change 
everything is sending a dangerous 
message of weakness. The recent 
botched attempt to assassinate a 
Hamas leader in Jordan can only 
enhance the image of incompe- 
tence and stupidity. 

We need a government that 
projects a message of competence 
and strength. We cannot anrad to 
trust our security to “teflon 


schlennels” who fail in 
everything and manage to fool the 
people by finding scapegoats for 
then - failures. 

HARRY J. UPTON. 

Rehovot, Israel. 

Anti-Semitic Theme 

Regarding “ Malaysian Leader 
Sees Hidden Jewish ‘Agenda’" 
(Oct. 11): 

Prime Minister Mahathir bin 
Mohamad’s recent remarks re- 
garding Jews are consistent with 
his long record of anti-Semitism 
and a belief in a Jewish conspiracy 
to bring about the downfall of 
Malaysia. 

While the prime minister has 
since claimed be was misquoted, 
his comments closely resemble 
anti-Jewish statements he has 
m»de in the past In 1988 he 
charged that the Western media 
were controlled by Jews because 
“they have to bow to Zionist 
interests” and accused “Jewish- 
owned” foreign publications of 
attempting to destabilize Malay- 
sia. After an unfavorable 1986 
article about Malaysia, he 
claimed the Wall Street Journal 
was controlled by lews and part of 
a Zionist plot to overthrow his 
regime. 

ABRAHAM H. FOXMAN. 

New York. 

The writer is national director 
of the Anti-Defamation League. 


' Letters intended for publica- 
tion should be addressed “Letters 
to the Editor" and contain the 
writer’s signature, name and full, 
address. Letters should be brief 
and are subject to editing. We can- 
not be responsible for the return of 
unsolicited manuscripts. 


It’s in Your Own Home 
And It’s a Real Killer! 


By James K. Classman 


No NATO Mystery 

Regarding "Mystery: If NATO 
Is to Grow Bigger and Bigger, 
What For?" (Opinion. Oct. 17) by 
Frederick Bonnart: 

Mr. Bonnart expresses angst 
over the possible enlargement of 
NATO to include 25 or more 
members. He asks what, with so 
many members, will be the pur- 
pose of the organization? 

The answer is hardly a mystery. 
If the allian ce is still required for 
North America and Western 
Europe, threat-free and relatively 
prosperous, why wouldn’t it be so 
tor others — particularly those na- 
tions that, with Western compli- 
city , were denied the benefits of the 
Marshal) Plan and the chance to 
become societies ruled by law and 
democracy? 

Thankfully, the Clinton admin- 
istration has ended the tradition of 
Western indifference to Central 
Europe. It is high time for others 
to move beyond club mentalities. 

MASHA KHEMELEVSKAYA. 

Brussels. 


W ASHINGTON — The 

chemical compound di- 
hydrogen monoxide, or DHMO, 
has been implicated in the deaths 
of thousands of Americans every 
year, mainly through accidental in- 
gestion. Da gaseous form, it can 
cause severe bums. And, accord- 

~~ MEANWHILE 

injg to a new report, “the dangers of 
this chemical do not end there.” 

The chemical is so caustic that it 
“accelerates the corrosion and 
resting of many metals ... is a major 
component of acid rain and ... has 
been found in excised tumors of 
terminal cancer patients.” Symp- 
toms of ingestion include “excess- 
ive sweating and urination,” and 
“for those who have developed a 
dependency on DHMO, complete 
withdrawal means certain death.” 

Yet the presence of the chem- 
ical has been confirmed in every 
river, stream, lake and reservoir in 
America. 

Judging from these facts, do 
you think 'dihydrogen monoxide 
should be banned? 

Seems like an open-and-shut 
case — until you realize this chem- 
ical compound is plain old water. 

Last spring, Nathan Zohner, an 
enterprising 14-year-old student 
in Idaho Falls, Idaho, conducted 
his science fair project on just this 
theme. Nathan distributed a 
tongue-in-cheek report that had 
been kicking around the Internet, 
“Dihydrogen Monoxide: The 
Unrecognized Killer” (from 
which the quotes above are 
drawn), to 50 of his classmates. 

These are smart kids who had 
studied chemistry; many, like 
Nathan, have parents who work at 
die Idaho Nuclear Engineering 
and Environmental Laboratory. 
Nathan simply asked them to read 
the report (which is completely 
factual) and decide what, if any- 
thing, to do about the chemical. 

In the end, .43 students, or 86 
percent of the sample, “voted to 
ban dihydrogen monoxide be- 
cause it has caused too many 
deaths,” wrote Nathan in the con- 
clusion to his project, titled “How 
Gullible Are We?” 

I’m sure that, if Nathan tried the 
same experiment on adults, he'd 
find at least as many would want 
to ban DHMO. Says David Mur- 
ray, research director of the non- 
profit Statistical Assessment Ser- 


vice in Washington, “The 
likelihood is high that Z could rep- 
licate these results with a survey 
of members of Congress. 

Mr. Murray, whose organization 
“looks out fra misleading science 
that’s driving public policy over a 
cliff,” ran across the Zohner story 
a few months ago on tire Internet 
But, he writes, “we thought it 
sounded like on urban myth — too 
pat too neat” He discovered from 
local press reports tint it was in- 
deed true. 1 confirmed it too, after 
talking earlier this week with Nath- 
an’s mom, Mariveae, who says that 
Nathan wants to be “a scientist in 
the nuclear field,” like his dad. 

The implications of Nathan's 
research are so disturbing that I've 
decided to coin a term: “Zohner- 
ism,” defined as the use of a true 
fact to lead a scientifically and 
mathematically ignorant public to 
a false conclusion. 

Dow Coming was driven into 
bankruptcy through lawsuits over 
its silicone implants — even 
though science doesn't support 
claims that they’re dangerous. 

In the headline above an article 
Sunday aboutpopularion growth in 
rural areas. The New York Tunes 
claimed, “Hint of Racial Under- 
currents Is Behind Broad Exodus 
of Whites.” The reporter wrote 
that studies by a demographer 
“show that of the 40 fastest-grow- 
ing rural counties, virtually ail are 
ai least 70 percent white.” 

Shocking? Well, according to 
the Bureau of the Census, 83 per- 
cent of the U.S. population is 
white. 

Finding Zohnerisms in the 
press, Congressional Record and 
speeches of administration offi- 
cials makes a great parlor game. 
One place to start is the collected 
speeches of EPA chief Carol 
Browner, who has used Zohner- 
isms masterfully to promote ex- 
pensive, disruptive new standards 
for particulate matter and global 
warming — despite evidence 
from scientists drat is. at best, in- 
conclusive. 

That's a shame. In a land where 
technical ignorance reigns and 
susceptibility to Zohnerisms is 
high, it’s the duty of politicians, 
journalists and scientists to 
present facts responsibly and in 
context. After all, think what 
would happen if the EPA really 
did ban dihydrogen monoxide. 

The Washington Post. 


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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 

INTERNATIONAL ~ 


Political Leaders Clash 
Over Trial of Papon 


Caa^lMIt* <V SugFirmDbfvxbrt 

PARIS — French political leaders 


center.” he said, referring to the transit 
center north of Paris where' Jews and 


clashed Tuesday over the trial of the members of the Resistance were 
alleged war criminal Maurice Papon gathered before - being sent off to Nazi 
amid an increasingly fierce national de- death camps. 


bate about France's collective respon- 
sibility for its wartime past 

As the trial continued into its third 
week, opposition conservatives impli- 
citly accused the government of using 
the issue for electoral ends. 

The Gaullist leader, Philippe Seguin, 
said the “poisonous atmosphere” cre- 
ated by the trial would benefit far-right 
parties at the expense of the mainstream 


At least one expert, the historian 
Michel Beiges, suggested that lawyers 
may have misinterpreted some of the 
mass of evidence gathered to prove his 
role in the deportation of more titan 
1,500 Jews, including children. 

Documents signed by Mr. Papon may 
not have been arrest warrants, the his- 
torian said. 

Mr. Beiges, whose hefo unmasked 
Mr. Papon as a senior official of the 


right Mr. Papon as a senior oriicial or the 

The Socialist prime minister, Lionel wartime Vichy regime handling Jewish 
Jospin, said he aid not know what Mr. affairs, said in a newspaper interview 
Seguin was talking about “if Gaullism that his studies since then had convinced 


is on trial, ir is not at the behest of 
officials from the ruling party or the 
government.” he told the National As- 
sembly. 

Mr. Papon, 87, was a senior admin- 
istrator in the collaborationist Vichy re- 
gime during the war; afterward be saved 


test of him that Mr. Papon did not order arrests 
or the or deportations and that the state's case 
tal As- against him was faulty. 

Prosecutors had made serious errors 
idmin- in assessing wartime documents, and 
±y re- some civil plaintiffs — mostly Jewish 
served families whose relatives were shipped 



ASIA: •, % 

Wave of Devaluation $ 

Continued from Page 1 • 

index feD 4.4 percent, to 12,403.10. 

Separately, -in Thailand, . stocks ., 
slumped and the baht hitalowof 38jJ5 to : 
ihe dollar as the International Mooe&i*- . 
Fund criticized the implementation tfert •- 
of a $ 17.2 billion rescue package. Sev- 
eral thousand protesters in . Bangfe^ 
called for the resignation of PrimelJin- 
ister Chaovalit 'Ymgchaiym. . . . ... 

Computer chips are one common . 
nominator that has encouraged - Asian :• 
governments to let currencies ftB, Mr. 
Roche noted. - . -- 

Sold as a generic commodity, ihi p 
and unbonded electronics parts dominate 
exports in many Asian countries, par- 
ticularly Taiwan, Korea and SinjpySpre.' 

The fall of the SixigaporctiQljar anrid 
Southeast Asia’s gloom' increased its 



as Paris police chief and budget minister off to Nazi death camps — had created a 
in a conservative administration. “political myth “ around Mr. Papon, Mr. 

He is only the second Frenchman to Berges told Le Monde. . 
stand trial for crimes against humanity. Some documents showed that Mr. Pa- 


Mr. Seguin, leader of the Gaullist poo was caught in 1943 and reporte d to 


Rally for the Republic of President 
Jacques Chirac, accused the Socialist- 


led cabinet of being “ambiguous’ ’ about torian added. 


his superiors for striking people from 
lists of Jews to protect them, the his- 


Because me uci^. 

Momir Bulatovic, center, the Montenegrin president who narrowly lost to Milo Djukanovic in voting on 

Sunday, watching a protest demonstration on Tuesday in Podgorica, the capital of the mountainous republic. ^ y^uresttbiliz 

might just win.” 

Monitors Say Voting in Montenegro Was Fair mi the ^m^rdng l 


the trial. , According to these documents, Mr. 

“I wonder to what point this poi- Papon struck 1 30 names off the lists, Mr. 
sonous atmosphere, so carefully main- Berges said. 

tamed, does not serve an implicit aim- to He estimated that the actual number of 

continue boosting the electoral strength Bordeaux Jews saved this way may have 
of the National Front,” Mr. Seguin been 300 or 400. 
wrote in Le Figaro. Mr. Berges also said Mr. Papon, who 

The far-right party of Jean-Marie Le was Paris police chief in the 1960s and 
Pen — the fastest-growing political budget minister under President Valery 
force in France — split the rightist vote Giscard d'Estaing, countersigned the or- 
in the June parliamentary elections, for- ders of his superiors and had no powers 
ring Mr. Chirac’s conservative coalition to order raids. *T am categorical about 
out of power. this and I put my credibility as an analyst 

Mr. Seguin said the Socialists hoped on the tine — Maurice Papon did not 
that the trial would further divide con- provide lists of people to arrest,” he 
servan'ves. “assuring the Socialists long said. (AFP, Reuters) 

years in power.” _ ^ _____ 

“Faced with this worrying degrad- 

ation of the public spirit, the government TAIJ L'T JDD T 

is maintaining on ambiguous attitude, to V/JLJ l_4 A iJ» Jxmjmj JLj 
say the least,” he said. 

He did not back up the accusation with Continued from Page 1 

any details. 

Meanwhile, in Bordeaux, the pro- ficu,t “ ^ short term - *e issue is 


He es timated that the actual number of the results of Montenegrin presidential 
Bordeaux Jews saved this way may have voting, despite cries of fool by the de- 
been 300or400. feared candidate, who urged his backers 

Mr. Berges also said Mr. Papon, who to hold protest tallies, 
was Paris police chief in the 1960s and Momir Bulatovic, the outgoing pres- 
budget minister under President Valery idem and protdgd of Slobodan Milo- 
Giscard d'Estaing, countersigned die or- sevic, die Serbian president, accused his 
ders of his superiors and had no powers reformist challenger. Prime Minister 
to order raids. “I am categorical about Milo Djukanovic, of employing wide- 


Reuicrs Socialists. * 'We most not accept such an 

BELGRADE — An international election result. This is highway rob- 
monitoring mission validated Tuesday beiy.” 


Korea, linking North Asia into die trira* i 
bles to the south, analysts said. I 

Analysts said companies in Korea, 
where crushing private-sector debt has 
set off a wave of bankreptcies,. vme 
' likely to pay for the won’s devaluation. . 
“It’s tike lighting your boose on fire ; 

— because die neighborhood is burning 
t to Milo Djukanovic in voting on down,” a portfolio manner sakfc “Bui i 
«*• mountawoos ^public. 

might just win.” 

■n r r • • The greatest strain as the cost of re- 

pon*n W 2 H 5 r If* clonal exports fall, analysts said; will be f 

CkO -A- tui ^ ijje remaining bastions of strong cur- 
rency: Hong Kong and China. ■ 

Mr Djukanovic’s camp denied any Maintaining Hong Kona’s H-year- ’ 
fraud and said some of the voting lists old peg to the dollar is cutong into the 
had been amended to counter previous economy on several sides, as interest 
theft in the first round of the elections rales rise and tourists — an important 





this and Iput my credibility as an analyst spread fraud to secure victory. 


on the tine — Maurice Papon did not 
provide lists of people to arrest,” he 
said. (AFP, Reuters) 


“We have been robbed,” Mr. Bu- 
latovic said to the board of his splinter 
faction of die ruling Democratic Party of 


But die mission of die Organization theft in the fust round of the elections rates nse and tounsc an import® 
for Security and Cooperation in Europe two weeks ago. in that round. Mr. Bu- 

that monitored the polls said: “Prelim- latovic got a slim winning margin. China, * 

inar y results of the election reflect the Mr. Bulatovic ’s allegations put pres- currency several years ago, hasremame 
will of the electorate. Generally, the sure on Mr. pjukanovic, who, in his first immune to pressure, bu t analysts said d 
elections at the polling station level were televised statement, said he would seek export growth that has kart the econoa 
weU-conduc ted/’ to defuse tensions. buoyant will be slashed next year b 

“Overall, it was a good election. The “This is no time for celebrations and competition from Southeast Asia, 
will of the people should be respected, euphoria,” he said. “China will definitely be hit by ti 

Provisional results show that the will is With 99.65 percent of the ballots devaluations, it is a question of die ma; 
in favor of one candidate,” Peter Hatch, counted, Mr. Djukanovic had won mtude. said Guooan Ma, aneconomi 
an OSCE election expert, said at a news 174,176 votes and Mr. Bulatovic with Salomon Brothers. This year 
conference * 168,864, the Election Commission said, export growth of 22 percent will easfi 


in favor of one candidate,” Peter Hatch, 
an OSCE election expert, said at a news 
conference. * 


JOB CUTS : ABB Looks to Southeast Asia 


Continued from Page 1 


ceedings have been marked this week by 
a stunning statement by Mr. Papon, who 
last week claimed he bad risked his life 
to save Jews when he was in charge of 
“Jewish affairs” in the southwestern 
city. 

On Monday, Mr. Papon denied or- 
dering the arrest of Jews who were de- 
ported to Nazi concentration camps. 


not going away on its own,” said ABB ’s 
chief executive, Goeren Lindahl, as he 
disclosed the company’s latest earnings 
in Zurich. 

ABB said Tuesday rfiar its nine-month 
profit this year slipped from $809 mil- 
lion last year to $7/4 million this year, 
and that sales had fallen to $22.6 billion 
from $23.5 billion. Much of that decline 


And he defied prosecutors to produce the rising value of the 

evidence that he signed the arrest war- dollar - because ABB reports ns results m 
rants. dollars and its sales in local currencies 


day. But now it seems that in this business 
you have to have a big restructuring 
program every four os five years.” 

Indeed, beyond the 10,000 job cuts 
announced Tuesday, ABB will be cut- 
ting about 3,600 jobs at Adtranz, a man- 
ufacturer of railroad equipment in which 
it owns a 50 percent stake along with 
Daimler-Benz. Adtranz announced its 
cutbacks Monday. 

This is not the first time ABB has 
embarked on a strategic shift where it 
sinks its money. In 1989, the company 
bought up more than 40 American 


rants. dollars and its sales in local currencies companies for more than $3 billion, in- 

“I cannot let it be 33 that I myself translated to fewer dollars this year. But eluding the power distribution business 
sent orders for transfer to the Drancy toe company has said repeatedly tins of Westingbouse Electric Coip- and 

year that de m and for its products in Combustion Engineering Group. 




Europe has remained sluggish. 


But over the past seven years, the 


rriTT k TP Mr. Lindahl, who took over as chief company has steadily increased its pres- 

I XL/xX|j« executive on Jan. 1, also noted that his cnee in Asia and in the formerly com- 

n /n * . . company had been partly motivated by munist countries of Central and Eastern 

tressure OTI Lhaovallt the cuiiency cnsisrn Southeast .Asian Europe. Either by selling businesses or 

countries, mainly Thailand and Malay- by trimming jobs, thecompany has elim- 
Contfnued from Page 1 sia, where local currencies have plunged mated 59,000 jobs in Western Europe 

in the last few months and made Western and the United States and added 56,000 
He had been in die job for just four P 10 *^ even more difficult to sell. jobs in Eastern Europe and Asia. 
monihs. and political analysts said it s announcements surprised Tuesday’s move marks an abrupt ac- 

would be difficult to find an economist ®any investors, who had been expecting celeration of that process. The company 



taAVUVWRniM 


Goeren Lindahl, ABB's chief executive, disclosing the planned cuts. 


currency several years ago, has remained 1(11 
immune to pressure, but analysts said the ' 1 [ i 1 
export growth that has kept the economy 
buoyant will be slashed next year by 
competition from Southeast Asia. 

“China will definitely be hit by die : 
devaluations, it is a question of the mag- 
nitude.” said Guonan Ma, an economist . 
with Salomon Brothers. “This year’s' 
export growth of 22 percent will easily 
be cut in half next year, but it is not yet | 
clear how much of drat can be blamed 00 * 
the lower currencies.” 

The effects of Asia’s falling curren- 
cies are likely to reverberate far beyond 
the region. Asian economies account for 
almost a quarter ofthe world's exports of 
goods and services. ■ : - 

The crisis could also impede the pro- 
gress of world trade liberalization as 
developing economies use it as proof of 
die dangers of opening up. 

.■ Korea to Help Ailing Banks 

South Korea reversed itself Tuesday 
and said it would provide emergency 
funds to banks to stabilize financial mar- 
kets, Bloomberg News reported. 

Economics Minister Kang Kyong Shik 
said the government would help banks 
when they suffered credit crunches. 

The minister’s remarks were a re- \ 1 
versal ofthe government position against' | 1 1 . 
intervening in the economy, and they \ t } ( 
prompted banks to start making new 
loans to some cash-strapped companies. 


< »\ N 


countries, mainly Thailand and Malay- 
Continued from Page 1 sia, where Jocal cunendes have plunged 

m the last few months and made Western 
He had been in die job for just four products even more difficult to sell, 
onths, and political analysts said it ABB s announcements surprised 


of stature willing to replace him in a 
government that is increasingly seen as a 
sulking ship. 

Mr. Chaovalit came into office just 10 
months ago promising to solve the coun- 


higher profits and had not been expect- 
ing a sweeping reorganization. The com- 
pany’s stock dropped after die disclos- 
ures, closing in Zurich at 2.120 Swiss 
francs ($1,439), down 50 francs, and in 


POWER: U.S. Nuclear Industry Goes for ‘Mother Lode ’ in China 

Continued from Page 1 Asea Brown Boveri and head of the Export Council, which in June produced 

Nuclear Supplier Working Group, met a report stressing the negative coo- 
the local benefits of a China deal For late last month with Robert Einhom, the sequences of a continued ban on sales U/ 

— 1 . tic »„u i-t.: 


it has not decided exactly where the example, David Root, president of principal U.S. negotiator in the talks China, 
round of cuts will take place. ‘ ‘We Crosby Valve & Gage Co. in Wrentham, with the Chinese. Conti 


will have negotiations between local 
managements and unions in each coun- 
try,” said John Fox, a spokesman for the 


tiy’s emerging economic problems, but Sto^?* 111 . 31 97-50 Swedish kronor company in Zurich. Tbe process will take 

° 11 - -- f r « - « S 1 1 rfnwn d I’mnnr -i . i j 


has seemed unable to formulate coherent 
policies as the crisis worsened. 

In early July, under attack by currency 
traders, the government effectively de- 


($ 1 2.8 1 ), down 4 kronor. 

“It was really a big surprise,” said 


place over die next two years, he said. 
Although European companies gen- 


Massachusetts, which employs 250 Mr. Newman said he also made- the 
people in the making of steam safety industry’s case for reactor sales in China 
valves for nuclear plants, said he had to Gary Samore, the National Security 
urged legislators to support sales to Council's top proliferation expert. Mr. 
China. Crosby Valve could lose at least Einhom and Mr. Samore are heading the 


th the Chinese. Continuation of nuclear sanctions 

Mr. Newman said be also made- the would “result in tbe loss of tens of 


industry’s case for reactor sales in China thousands of jobs across 28 stales and 
to Gary Samore, the National Security die gradual eli minatio n of (he trained 


, Peter Gachnang.M analyst at Bank Julius eraUy try lo cut their workforces through r 

traders, the government effectively de- BaermZunch. Earlier, they had always attrition of through early retirement in- The industry has alsc 
valued its currency, the baht, setting off a that restructuring was an ongoing cemives, Mr. Fox said some workers may rectly to die Clinton s 
further collapse in which the stock mar- business, something that happens day by simply have to be laid off voluntarily. Robert Newman, a senic 
kei tumbled and as many as 100,000 

people lost their jobs. ““ “ ■ ■- - 

problems in Thailand in the coming year, AFRICA: Angola's Move Reflect Willingness to Intervene 

with bank closures, bankruptcies and 0 ^ 0 

hundreds of thousands more lob losses. Continued from Pace 1 sola, to abide by 1994 peace agreement Congo River to Congo . 


China. Crosby Valve could lose at least 
$100 million in potential sales if die U.S. 
ban remains in place, Mr. Ropp added. 

The industry has also appealed di- 
rectly to the Clinton administration. 


personnel base now supporting more 
than 100 U.S. nuclear power plants and 


U.S. delegation negotiating with the the nuclear navy,” the report said. 


Chinese. 

Separately, Michael Jordan, chairman 
and chief executive of Westingbouse, 


Robm Newman, a senior executive of beaded a committee of the President's 


CELL: 


tempted to attack across their borders to 
strike at rebel bases. Angola’s inter- 
vention in Congo Republic's civil war, 
for instance, was the second time (his 
year it has helped overthrow a neigh- 


hundreds of thousands more lob losses. Continued from Page 1 

At its meeting Tuesday, the cabinet 

passed five decrees that provide a frame- tempted to attack across their borders to 
work for a restructuring package — - a strike at rebel bases. Angola’s inter- 
week after a deadline set by the IMF. vention in Congo Republic's civil war. 

But it apparently failed to agree on its for instance, was the second time this 
promised government reshuffle. year it has helped overthrow a neigh- 

* Araiy Supports Prime Minister 

A senior Thai Army officer denied gola also intervened in neighboring 
reports that military leaders had asked Mr. Congo. 

Chaovalit to resign. Reuters reported. Rwanda, too, offered strong assist- 

“Repoits published in some news- once to Mr. Kabila as be fought his way 
papers today saying that senior military to power in Congo, 
officers had asked the prime minister to In helping overthrow neighboring 


gola, to abide by 1994 peace agreement Conj 
between the two sides. Bat UNITA has shift. 
Failed to cany out the agreement, instead secoi 
rearming, first through Congo when it sary. 


Congo River to Congo Republic. The Jolt for Electric Car 

shift, U.S. diplomats said, made the " 

second Angolan intervention neces- Continued from Page 1 


was Zaire, and then through Mr. Lis- 
souba’s Congo Republic. 

More than most African states, Ac- 


reports that military leaders hod asked Mr. 
Chaovalit to resign. Reuters reported. 

“Reports published in some news- 
papers today saying that senior military 
officers had asked the prime minister 10 


officers had asked the prime minister to In helping overthrow neighboring 
resign are not true,” said the colonel, governments, Angola is not trying to 


who declined to be identified. 

The Bangkok Post newspaper, quot- 
ing unidentified sources, reported that 
some top military officers, including the 
supreme commander. General Mongkol 
Amporapisiih. had advised Mr. 
Chaovalit to resign and make way for a 
national unity government. 


boring government that was assisting tbe gola also has the capacity to intervene. 
Angolan rebel movement, UNITA. An- its combat-toughened military of about 
gola also intervened in neighboring 90.000 soldiers is one of Africa’s largest 
Congo. And with military transport planes, “it 

Rwanda, too, offered strong assist- has a modem airlift capacity, which no 
ance to Mr. Kabila as he fought his way one else has — not even South Africa.” 
to power in Congo. a diplomat said. 

In helping overthrow neighboring But Angola’s willingness to carry 
governments. Angola is not trying to battles beyond its borders has its limits, 
establish itself as a dominant regional diplomats in the region said, 
power, said a Western diplomat, adding. Angola intervened in Zaire partly to 
“There has been a very specific motive topple tbe country’s dictator, Mobotu 


■ Troops Start to Withdraw Arms 

Angolan troops who helped rebels 
take control of Congo started pulling 
heavy arms out of Brazzaville, witnesses 
said Tuesday, Reuters reported from 
Kinshasa. 

Wi messes at Brazzaville's intema- 


Continued from Page Z 

thur D. Little Inc., with $ 15 million from 
the Energy Department and technical aid 
from a nuclear bomb laboratory, is the 
first practical way to extract hydrogen 
efficiently from gasoline, which is made 
of hydrocarbon molecules. 

Mr. Pena said that because gasoline is 
available worldwide, automakers could 


establish itself as a dominant regional 
power, said a Western diplomat, adding. 
“There has been a very specific motive 
of strategic defense.” 

After 20 years of civil war. the An- 
golan government is desperate to force 
UNITA. Jonas Savimbi’s National Un- 
ion for the Total Independence of An- 


a diplomat said. terview that two Angolan military irans- 

But Angola's willingness 10 carry port ’planes flew out of Ae airport after 
battles beyond its borders has its limits, offloading fuel and loading rocket 
diplomats in the region said. launchers and heavy trucks. 

Angola intervened in Zaire partly to It was unclear whether the planes 
topple tbe country's dictator, Mobotu were returning to Angola or flying to 
Sese Seko, who had supplied UNITA other parts of Congo Republic to re- 


with arms and supplies. 

When Marshal Mobutu fell last 
spring. UNITA scrambled to move its 
amts stocks out of Congo and across the 


ETHICS: Jilted Woman Accuses Fiance of Stealing Her Heart, and Her Brother’s Kidney 


Continued from Page 1 At one end of the spectrum, some lomev, Nicholas Os tape 

argue that payment should be allowed, brief statement last wet 
which organs arc distributed. The wait- At the other end, ethicists argue that, to suit’s allegations arc 
ing list is years long. But for organs minimize exploitation, donations should true.” 
from live donors, tile process is less be narrowed to permit only Immediate 
uniform, depending on the luck and family members, 
determination of individual patients in As the debate swirls, the lawsuit over 
finding someone willing to give them a how Mr. McNutt got a new kidney is 
kidney or part of their liver, pancreas or instructive. 


lomev, Nicholas Ostapenko, said in the ’The next wedding date was set for July 
brief statement last week that the law- 1 996, a few weeks after his transplant. 


‘simply 


tional airport said in a telephone in- produce a new generation of ultra-clean 
terview that two Angolan military irons- vehicles that would achieve twice the 
port ’planes flew out of Ae airport after fuel economy, without having to de- 
offloading fuel and loading rocket velop a new network of refineries, 
launchers and heavy trucks. . pipelines, trucks and service stations for 

It was unclear whether the planes a new fuel. That barrier has largely de- 

were returning to Angola or flying to feared efforts to wean America’s 180 

other parts of Congo Republic to re- million cars from gasoline to methanol, 
deploy the war material. At least 50 ethanol or compressed natural gas 
heavily-armed Angolan soldiers stood ChryslerCcap. has already announced 

guard as toe planes loaded the equip- that it wants to build a fuel-cell car that 
mcnt - runs on gasoline. 

------ “A lot of people drought this was a 

crazy idea,” said Christopher Borroni- 

Her Brother’s Kidney »Kj, 

■ ible. 

Tte next wedding date was set for July Making hydrogen from another 
1 996, a few weeks after his transplant, chemical is called reforming. Eugene 

But after thesuraCTy.beforethey were Smofkin, a professor of chernicaf (Mi- 


lling. * ‘There was a commitment on Dick 's 

In cases of such “directed” dona-, part that there was going to be a marriage 
lions, individual transplant programs and John was doing this because he 
have designed procedures to determine loved me and my life was going to be a 
whether the gift is truly voluntary. dream," Miss Zauhar said in an in- 
It is a federal felony to accept money terview. 
or other “valuable consideration" for an Mr. Dahl, her brother, said: "They 

organ. But doctors and ethicists ac- have to put out a warning to potential 
knowledge that donors can mask their donors, that there is a possibility they 
true motives. could be being used." 

A debate has begun over how best to Mr. McNutt, 64, did not return rc- 
regulate supply and demand. peated messages left for him. His at- 


The statement confirmed thar Mr. 
McNutt had received a kidney from Mr. 
Dahl. 

“Mr. McNutt will be forever grateftil 
for the donation.” it said. “He also is 
deeply hurt by this lawsuit." It added: 


The government is eager to see safer : 
and more efficient plants, and tbe Nu- 
clear Regulatory Commission has li- 
censed new light- water reactor designs ” 
of Asea Brown Boveri and General Elec- 
tric Co. It is expected to license West- . 
inghouse’s version next year. But the 
new designs have become available just ‘ : 
as U.S. utilities have shelved plans fo& - ■ 
buying new nuclear power plants bef - 
cause they cannot compete against tur-' "j- 
bines run on cheap and plentiful natural ' •’ 
gas- 

By contrast, most developing coun- 
tries in Asia are turning to nuclear 
power. South Korea plans seven ad- •* 
ditional nuclear plants among 30 new ' ; 
power plants to be built by 2000. 

Japan plans to Increase nuclear .. 
power's snare of its overall electricity 
output from 33 percent to 40 percent in - . 
the near future, according to a report of 
the private Electric Power Research In- ^ 
sritute. 

Penetrating these markets, industry .. 
and government sources say, fits the 
broader strategy of the export-oriented j. 
Clinton administration, which seeks an 
edge for U.S. companies over European, 
Canadian .and Japanese competitors in 
Asia’s booming energy sector. 

China's potential as a nuclear market^ 
dwarfs that of its neighbors. Ir plans of 
tenfold nuclear power expansion to gen-’ ’ 
erate 50.000 megawatts by 2020. 

A congressional specialise called 
China the industry’s "mother lode.’ ' To 
meet its goals, China has to order a new 
nuclear plant annually for 17 years, an 



whether the gift is truly voluntary. 

It is a federal felony to accept money 
or other “ val liable consideration’ ’ for an 
organ. But doctors and ethicists ac- 
knowledge that donors can mask then- 
true motives. 

A debate has begun over how best to 
regulate supply and demand. 


"Mr. McNutt fully believed he was the woman — one of the dialysis nurses 
beneficiary of a true gift, and that Mr. from the local hospital — was calling 
Dahl was motivated only by the desire to their house to speak with him, she said, 
help a fellow human being.” Finally, a relative of Mr McNutt's 

According to Miss Zauhar. Mr. confirmed Miss Zauhar’s fears about the 
McNuu first suggested that their wed- other woman. Last spring, Miss Zauhar 
ding take place on Sepi. 23, 1995. A few moved -out. According to a marriage 
days ahead of time, she said, he told her certificate on file in Bayfield County, 
they could not marry on that date be- Wisconsin, Mr. McNutt and Patti Sue 
cause he needed to travel to Florida to Bennett, 42, were married on June 28, 
work out their prenuptial agreement. 1997.- 


out of the hospital driveway. Miss Za- gineering at the Illinois Institute ofTeS- r! 1 ? ’ . ■ * 

uharsaid, Mr. McNutt told her the wed- nology Sid an expert on fuel cells said ^ ^ * 

ding would have to be postponed again “reforming gasolineis quite a feat’ Coi J2 an . ies ins ? Ies 
because doctors had advised him to “We aJnldy have gasoline Isverv- W,th 0Pdcrs for s “ nuclear • 

avoid stress for the next three months, where,” he. said- “If you can actually f v “ 

Miss Zauhar was beginning to suspect reform gasoline, to give you hydrogeii anti^^w ^ u ° f envi f onmenrai ' -V* 

her fianed had another girlfriend. A that wouldbe ideaL The infrasmtcft^U m hum i an " g 5 lS ^ 

me of the dialysis nurses already there.’’ * lhc nuclear industry has v , 

al hospital — was calling A key question fora fuel-cell car is the lhe ""P 0 * 001 * of W. : •. 

> speak with him, she said, cost of the cell itself. Auto industry ,• « .. 

relative of Mr McNutt's experts say they need a cell that cosb the Nuclei [l «y V>..‘ 

tss Zauhar s fears about the $100 to $150 a kilowatt of capacity for weekthat^,,^. ^ ^titute said last ^ 

l Last spring. Miss Zauhar such cars to be marketable, batexSting 

According to a marriage models cost about $1,500. Conventional needs S f m Chma s 0Veran encr ®' 

1 file in Bayfield County, • gasoline engines cost about $35 per Hcorsdirt^ ... Tb 7 ?*’"- 

dr. McNutt and Patti Sue horsepower, which works out to $50 n nni,, F . ^ ina would buy x. • 


from the local hospital — was calling A key question fora fuel-cell car is the 
their house to speak with him, she said, cost of the cell itself. Auto industry 
Finally, a relative of Mr. McNutt's experts say they need a cell that costs 
confirmed Miss Zauhar’s fears about the $100 to $ 150 a kilowatt of capacity for 
other woman. Last spring. Miss Zauhar such cars to be marketable, but existing 
moved -out. According to a marriage models cost about $1,500. Conventional 
certificate on file in Bayfield County, gasoline engines cost aboiit $35 
Wisconsin, Mr. McNutt and Patti Sue horsepower, which works out to $50 a 
Bennett, 42, were married on June 28, kilowatt. But engineers say that mass 
1997.- production wUI bring down prices. 


!• I - ' 


only enough technology to develop an 
independent capability to build and sell 
plants abroad. 







0^ jt>\ &* l*Sio 


^^^^^OCTOBF^ 0 TRIBUN ^ 
PAGE 11 * OCTOBE R22,1997 



STAGE/ENTERTAINMENT 


Jacky Terrason, a Pianist on the Move 


By Mike Zwerin 

International Herald Tribune 


Pianist Terrasson wants to “go straight to the music” in New York. 


P ARIS — Older folks tend to 
look on yoong people as though 
they are wearing a mask of 
youth. They all look alike to 
them. And the numbers that define 
“youth” get fuzzy. . 

» Experienced marketing people in the 
record business prefer musicians who 
have not yet had die time to develop their 
own faces. They prefer exuberant 
copycats. Fresh meat. They are called 
“young lions.” What happens is that- 
talented young people stop developing 
as they become lostin the grip of busi- 
ness values dm don’t really add up. 
They are too insecure to question them. 

Having signed too young is an oft- 
held perspective on Jacky Terrasson, 
the pianist wife-dual nationality who is 
making more, and more beautiful, noise 
these days. 

Although he is part of the youog lion 
debate. Terrasson. who still has a baby 
face, turns 31 this year. This means that 
be signed his first recording contract 
when he was 27, hardly a cob. So much 
for the wisdom of age. 

Bom in Berlin of an American m o t h er 
and a French father, Texiasson grew up - 
and went to school in Paris. One of his 
fellow students, Stephane Pandras, in- 
troduced him to her father, photographer 
Francis Pandras who was the model for 
the French fan in Bertrand Tavernier’s 
film “Round Midnight” (Terrasson has a 
walk-on role). Pandras in turn introduced 
him to the music of Bud Powell, played 
by Dexter Gordon in the movie, which 


opened many doors for Terrasson. 

Pludras encouraged him to study at 
the Berklee College of Music in Boston, 
where he quickly grew bored. He 
packed up and went to Chicago, where 
he found a young jazz musician’s defin- 
ition of paradise. (Still a teenager and 
well brought-up, he called his parents in 
Paris for permission.) 

“We played four sets a night until 
four in the morning five nights a week in 
this club. Mostly it was straight-ahead 
jazz. Every set a Sinatra-style singer 
would sing a few tunes. So it was a 
learning situation too — we learned 
standards and bow to transpose them, 
and we got in the habit of playing for a 
live audience.” 

Meanwhile, The Man, in the form of 
the french army, was hot on his nail. 
Being a French national, Terrasson 
owed them a year of his life. Looking 
back he realizes he might have been able 
to get out of it but at the time he was too 
frightened to try. They were threatening 
to make him a parachutist 

As it turned out, he became a bar- 
tender in an enlisted men's club. It was 
“a year wasted.” He did not play the 
piano for a yean 1 ‘A total waste of time, 
when ...” he thinks it over before joking 
”... when I could have been out signing 
my young lion recording contract” 

Discharged, be remained in Europe 
playing with, among others, the singers 
Dee Dee Bridgewater and AbbeyLin- 
cotn. He likes playing with singers. Or 
rather, in all modesty; “They like playing 
with me.” 

Finally getting the nerve to move to 
New York, be accompanied the veteran 


singer Betty Carter and then joined a 
famous drummer's band named An 
Tailor’s Wailers. They attracted atten- 
tion. They played the "Village Vanguard. 
People wore their T-shirts around town. 
People began to talk about Terrasson. 

At first, he resisted friends who were 
talking him into entering the Monk 
Foundation competition in November, 
1993. He figured he was well past that 
level of professionalism by now. But he 
entered and he blew everybody out in 
the sanifinals. This story has become 
mythic. Somehow blocked, maybe 
frightened, he merely stumbled through 
the finals. Everybody understood. It 
happens. They said “too bad." 

There followed one of those rare and 
fine moments when the rules are broken 
because it is just the right thing to do. 
The august panel of judges, including 
Dave Brubeck, Herbie Hancock and 
Marian McPartland, judged Terrasson 
OQ the basis Of his se mifinal set inctwnri. 
It was more representative, they said. 
Despite some pretests, they awarded 
him first prize. Judging from Ter- 
rasson’s subsequent triumphs, the 
judges deserve a judging award 

R ECORD companies fell all 
over each other trying to sign 
him. Blue Note’s president 
Bruce Lundvall finally won. 
He told Billboard magazine that the 
price was "higher than average for a 
jazz artist. ... It was not a normal 25- 
grand-an-album kind of deal. It was 
quite a bit more than that.” 

The impression Terrasson gives these 
days is of youth exploding into maturity. 


There is appropriate energy 
on both sides of die divide. 
Answering the question “what's 
new?” he replies that he recently 
fired his manager; his new record co- 
starring the singer Cassandra Wilson — 
“Rendezvous’' (Blue Note) — may 
lead to a tour together next yean he is 
happy to have moved back to New Y oik 
after an extended period in San Fran- 
cisco, and he recently married. 

His wife’s name is Laura and she is a 
doctor and he cannot help but smile 
warmly talking about her. The manager 
went when Terrasson realized that there 
was **no longer any reason for roe not to 
be the captain of my own ship.” Tour- 
ing with Wilson “might be a good ca- 
reer move. She has another kind of 
audience and it would be good for me to 
get a piece of that ” 

Having chosen New York for the 
second time now, he knows enough to 
realize that he will probably be lowering 
the physical quality of his life. Butbeau- 
tifiif as San Francisco is, not being able 
to find a place to go out for dinner after 
11:30 bothered him “enormously. 
That’s when I’m the most wide awake.” 
He finds he even likes the ugliness of 
New York, and the speed and the noise: 
“This is no time for quality of life. I 
want to go straight for the music.” 

There is no doubt in his mind that 
living in New York improves his play- 
ing: "If you want to get somewhere in 
this business, you have to be competitive. 
And that's what New York is all about. 

“But I'm really not a New Yorker. T 
guess what I like is being a Frenchman 
in New York.'’ 


1 y.< . 


>>• 

V 3-- l- 

ill T 


In the Movies, Recycling Can be Conscious or Unconscious 


By David Everitt 

New York Tones Service 


ate- ■ 


* *• 



N EW YORK — In our con- 
servation conscious times 
Hollywood often pursues its 
own recycling program. As if 
determined to waste lime of its legacy, 
the film industry dusts off and finds new 
uses for movie concepts from the past, 
not only in official remakes but also in 
uncredited rehashes and inspired vari- 
ations on a theme. 

For example, when ‘A Life Less Or- 
dinary,” starring Cameron Diaz and 
Ewan McGregor, opens in the United 
States on Friday, movie buffs will likely 
feel that they are watching something 
familiar. This romantic comedy is ag- 
gressively unconventional, punctuated 
by kidnapping, patricidal urges and ooz- ' 
ing entrance wounds, yet there is still 
something old-fashioned about the film. 


Fans of Frank Capra’s “It Happened 
One Night” (1934), starring Clark 
Gable and Claudette Colbert, will rec- 
ognize the story’s basic situation: a re- 
cently dismissed working man and a 
rebellious heiress are thrown together on 
a rollicking road trip. 

Fans of Michael Powell ’ s whimsical 
“Stairway to Heaven” (1946) will find 
something familiar in the theme of heav- 
enly interference in earthly romance. 
And these similarities are not accidental 
While preparing to film “A Life Less 
Ordinary,” the director, Danny Boyle, 
showed the two old movies to his cast 
and members of his crew. 

Boyle, the British director of die icon- 
oclastic films “Trainspotting” and 
“Shallow Grave,” is making his Amer- 
ican debut with “A Life Less Ordinary ” 
— — in the com p any of his usual collab- 
orators, the producer Andrew Macdonald 
and die screenwriter John Hodge — but 


he’s still unquestionably a maverick. 

When it comes to drawing inspiration 
from movies of the past, however, he is 
right in line with mainstream film- 
makers. His more conventional col- 
leagues. with varying degrees of care 
and success, have been proving for years 
that the old can be made new again. 

“The Money Pit” (1986) is easily 
seen as a yuppie update of “Mr. B land- 
ings Builds His DreamHouse,” the 1948 
Cary Grant comedy. Five years ago, 
audiences flocked to see a movie about a 
showgirl who hides out in a cloistered 
setting. Whoopi Goldberg fans know 
that (his story. belongs to “Sister Act”: 
aficionados of old movies will also rec- 
ognize the premise from “Ball of Fire,” 
the 1941 Howard Hawks film starring 
Gary Cooper and Barbara Stanwyck. 

Tins recycling of concepts can take 
many forms. “A Life Less Ordinary” 
uses ideas from old films as a spring- 


board for post-modernist rifling. Ex- 
plaining his pre-production screenings of 
“It Happenoi One Night” and “Stair- 
way to Heaven,” Boyle said: “You 
don’t try to copy them, really. You genu- 
inely just use them as reference points for 
a spirit within yourself. Personally, I 
don't like films that pay reference 
overtly and continually to something.” 

Other films may be less adventure- 
some but still respectful of their cine- 
matic predecessors. “The Lost World,' ' 
as one of its producers, Kathleen 
Kennedy, acknowledges, plays like a 
knowing, loving tribute to “King 
Kong”: at times, it even reproduces 
camera setups from the 1933 classic as a 
sort of cinematic quote. 

Sometimes the use of old movie 
themes may be subconscious. The recent 
hit “Breakdown,” written and directed 
by Jonathan M os tow, is a case in point 

Mostow acknowledges that a 1973 


film resided somewhere in the back of 
his mind when he was writing his road- 
trip thriller. That old movie was 
“Duel,” the story of a maniacal trucker 
directed by the young Steven Spielberg 
for television. But “Breakdown” also 
evokes memories of another television 
movie, “Dying Room Only.” which 
concents the disappearance of a spouse 
at a Southwestern diner. 

Mostow said he did not remember any 
such film, yet he did not rule out its 
possible influence. Among the inspir- 
ations for “Breakdown.” he cited “sev- 
eral TV movies, the names of which I 
can never remember — they came out in 
fee 70s and were all paranoid suspense 
movies.” 

While the legacy of old movies has 
obviously become a rich source of in- 
spiration, movie professionals do not 
agree on the value of recycling concepts. 

In fee 1996 film “Swingers,” a strag- 


gling-actor character remarks: “I don't 
know whni fee big deal is. I mean, every- 
body steals from everybody. It's the 
movies.” Some people in the movie in- 
dustry would agree with this assessment, 
even if they use grander terminology. 

Clint Eastwood's 1984 western. 
“Pale Rider.” was patterned after fee 
1953 George Stevens classic “Shane." 
something that was noted by many crit- 
ics, including Pauline Kael. David 
Denby and Richard Schickel. This is 
especially true in fee final reel, in which 
climactic scenes from fee earlier movie 
are revamped, one after another, to fit fee 
new film's finale. 

Just the same, the producer and director 
George Stevens Jr. is not the least bit 
ruffled about this use of his father's film. 
“I think fee best way to look at something 
like that is to regard it as an homraage,’ ' 
he said, although he conceded he had not 
actually seen "Pale Rider.” 


At Old Vic, a Fine Morality Tale 


BOOKS 


► 4 - 1 .- 


By Sheridan Moriey 

International Herald Tribune 


1 / :!;i ' /■ 


8 

V 


L ONDON — The very first image in 
Roy MacGregor’s “Snake in the 
Grass” at the Old Vic shows what we 

will lose when Peter Hall’s noble and „ — — 

artistically successful experiment in middle class where the contemporan 
commercial repertory theater 1 — - 


over. Indeed, by the end of fee first 
scene, we already know who 's having an 
affair with fee local doctor, who’s get- 
ting a hip replacement, who's the closet 
gay and whose marriage is shaky. 

MacGregor has perfectly captured fee 
hermetic sealing of the small-town 


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;oes dark in six weeks. A stage 
all of people, extras to be sure, 
but lots of them, all singing 
Haydn’s “Creation.” Where 
else in the commercial theater 
recently have you seen more 
than a handful of characters on 
stage? The big Ibsens, the big 
Millers, the big Shaws are all on the 
fringe or in the subsidized theaters. Only 
the Old Vic has had the space and the 
vision to take them on and to build a 
company of actors to sustain them. 

However, for the moment, Dominic 
Dromsoole. Hall’s inspired choice for 
director of new plays, has produced a 
dazz ling staging of a fine if slightly old- 
fashioned morality tale. 

The singers of the first scene are mem- 
bers’ of the choral society in a West 
Countrv market town in 1993, a thor- 
oughly respectable lot wife the fnU com- 
plement of teacher, doctor, solicitor, 
computer nerd and town councillor. 
And, in the manner of these things, we 
know we're going to find out a lot more 
about them by the time the evening is 


LONDON 



eons war in Bosnia or the IRA 
bombs in fee City of London 
could well be happening on 
Mars. 

And then, suddenly,- Haydn 
changes to rode, Dromgoole’s 
scene changers, always as in- 
teresting as the text, strew junk 
all over fee stage and fee setting 
becomes a backstreet brother and sister 
reclamation business. The class element 
has shifted decidedly downwards. In the 
foreground is a morose but vaguely fa- 
miliar grease monkey recently hired by 
the couple to help fix the old sinks, doors 
and Tv sets they find and resell. It’s 
Kevin Whately, proving what a fine act- 
or he can be, as Ray, fee violent, possibly 
psychotic former student of the music 
teacher, back from a stint in jail to open 
up the hidden traumas in his hometown's 
smug complacency. 

Dromgoole’s production and 
Whately’ s performance both cany fee 
requisite menace of a dark shadow fall- 
ing on a protected environment. Whate- 
ly '$ Ray looms over the stage, not be- 
cause he is a large man, but because his 

CROSSWORD 


acting makes him one. They, and the 
solid supporting cast Hall has led us to 
expect, serve their late playwright wife 
fee very grace they say he possessed. 
What a terrible pity that we will not see 
what he would nave done next 

On the other hand, at the Hampstead, a 
beginning. The second new play of fee 
week is a first effort by David Haig. As 
fee title suggests, (and “My Boy Jack” 
is nothing if not straightforward, even 
obvious) this is a sympathetic and in- 
telligent look at Rifdyard Kipling, fee 
patriotic poet whose words inspired a 
generation of young men to die in fee 
trenches during fee World War I, not 
least his own son, John, who was killed 
in France. 

Haig is an actor, always strong, oc- 
casionally, as here, inspired. He writes 
simply about Kipling, finding in him a 
loving father who, like many of us. could 
find the words to motivate others but 
could not communicate wife his own 
children; the high-flown sentiments 
which sound so significant on a lecture 
platform are hollow when addressed to a 
young man on the brink of manhood or a 
daughter convinced she is fee family 
also-ran. 

Like nearly all first plays, it ends 
about 20 minutes before fee final black- 
out but John Dove's production gives a 
graphic account of the fear, filth and 
fellowship of warfare in the trenches and 
in the drawing-room. 


KNOW THINE ENEMY: 
A Spy’s Journey into 
Revolutionary Iran 

By Edward Shirley. 247 pages. 
$24. Farrar, Straus and 
Giroux. 

Reviewed by 
Joseph Fitchett 

A WRY masterpiece in fee 
literature of spying, this 
story of a '‘spy’s journey” is 
a well and truly written auto- 
biographical account of a 
young man who quits the CIA 
after working on Iran for 10 
years, then smuggles himself 
into fee country for a first- 
hand look at the mullahs’ re- 
gime. Like any trip, this one 
encompasses a tale of per- 
sonal commitment and renun- 
ciation, the story of a spy who 
gave up spying because be 
loved it too much. 

Even for readers who are 
not spy-story collectors, 
“Know Thine Enemy” is 
fascinating. It marshals an un- 
impeachable insider critique 
of fee CIA as an agency feat 
has lost its vocation. 

On Iran, its explanation of 
the revolution gone wrong 
wiB change many readers’ 
minds about what the West 
should be trying to do there. 


Shirley, as the author calls 
himself, could easily be con- 
fused sometimes with a 
younger George Smiley. Cer- 
tainly, Shirley’s own story 
bears comparison wife fee 
best fictional work of John le 
Can 6 . Both writers focus on 
the orphan of intelligence 
writing — the clandestine in- 
telligence officer, a profes- 
sional in fee business of treas- 
on. Often ignored in favor erf 
action-oriented agents, fee 
case officer is fee spy who 
convinces others to betray 
their country, religion or 
cause for a foreign rival. 

For both le Carrf and Shir- 
ley, betrayal is the heart of the 
business, but le Canti evokes 
the romantic resonance of 
British snobbery tested by fee 
great game of the Cold War. 
Shirley describes the gritty, 
disciplined work of a good 
case officer in fee intelligence 
trenches in our post-ideolog- 
ical world — a man operating 
in dingy consulates and car 
backseats, constantly probing 
fra: ways to understand and 
influence an alien country. 

“Know Thine Enemy” 
provides a look through the 
eyes of a man bent on ma- 
nipulating people. Instead of 
faking it. Shirley walks the 
reader through encounters. 




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actress 

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67 The East 
aa Outback critters 
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12 WBd guess 
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21 What hiria in the 
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27 Corcoran: 

29 Runs 

31 a MiS8 

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32 Warsaw Pact 
counterforts 

33 Gannon In 
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3« Audio problem 
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pata by John D.LiMy 

ONeut York Tanes/Edited by Will Shorts. 


a George Bush 
was one 
44 Sidney Pettier 
title rote 


BEST SELLERS 


The New York Tines 
This list b based cm reporti from more 
than 2,000 bookstores ihrooghoat the 
Untied Sutes. Weeks on list an not 
necessarily consecutive. 

FICTION 

™* IMS trtti ' 

Wok VFk oLkt 

1 FLOOD TIDE, by Clive 
Cwskr. I 


3 THE MAN WHO 

LISTENS TO HORSES, 
by Monty Roberta 

4 THE PERFECT STORM, 

by Sebastian I newer 

5 MIDNIGHT N THE 
GAREENCFGOQDAND 

EVIL, by Jain Berenh — 9 170 
THIN AIR, by Jon 

6 24 


4 19 


6 INTO 
Knksner. 


2 COLD MOUNTAIN, bv 

Chattel Forier.., 2 

3 THE B^T LAID PLANS, 

bySavySMdon — 3 

A fHE ANGEL OF 
DARKNESS, by Caleb 
Carr 4 

S UNDERWORLD, by Dm 
DeLiOo 6 

010 LB. PENALTY. By 
Dick Francis 3 

77TMEQI/AKE, by Kmt 
VtmncgBt- 7 

8 THE NOTEBOOK, by 

Nicholas Sparks 8 

9 THE GOD OP SMALL 
THINGS, by Amndhari 

Roy 10 10 

10 UNNATURAL 

EXPOSURE, by Farina 
Cornwell 9 

11 NIGHT PASSAGE. By 

Robert B. Paker 12 

12 DEJA DEAD by Kahy 

Refcbs — 11 

13 TOE GRILLING SASQN, 
bv Disr Mat Devidten — 16 

34 PLUM ISLAND, by 
Nelson DeMIOe..-. 24 

15 SPECIAL DELIVERY, by 
CUdeSWI IS 

NONFICTION 

t THE ROYALS, by Kray ’ 
Kefir- 1 

2 ANGELA'S ASHES, by 
Frank McCntrt. — 2 


7 CONVERSATIONS 

WITH GOD: Book 1. by 
Neale Donald Wglach 

8 DIRTY JOKES AND 

BEER, by Drew Carry 

9 BOOK, by Whoopi 


7 44 


lODOGSNEVBUJEABOUr 
LOVE, fcy Jdfiey Mcnsadf 
Mason 11 

11 THE MILLIONAIRE 

NEXT DOOR, by Thomas 
J. Stanley and william D. 
Danko- 10 

12 DIANA, PRINCESS OF 

WALES. edited by 
Michael OMan 

13 BABYHOOD. 

Reiser. 


39 


by Paul 


12 

2 

6 

3 

20 

IS 

3 

57 


14 ROCK THIS!, by Chris 

Rock 

15 THE BIBLE CODE, 

MicbaeJ Drosnin 15 


ADVICE. HOW-TO 
AND MISCELLANEOUS 


1 MEN ARE FROM MARS, 
WOMEN ARE FROM 
VENUS, by Iota G^y — 

2 MAKE THE 

CONNECTION 

3 SIMPLE ABUNDANCE, 


8 7 


IS 


4 TEN STUPID THINGS 
MEN DO TO MESS UP 
THEIR LIVES, by Laum 
Sctdessmgeric 


I 212 
23 
3 80 


ticking off what be sees as tip- 
offs to vulnerability. Noticing 
an Iranian diplomat touch a 
distressed elderly woman, a 
gesture of tenderness breach- 
ing revolutionary caution and 
Islamic decorum, Shirley 
spots a target 

“If Td still been in fee 
CIA, I would have locked 
onto this man. He would have 
been worth a- year or two of 
my life,” Shirley writes. 
With great luck. “I could 
have had a soul mate, 
someone to teach me about 
Iran” — a recruitment. 

“Such operations are feast 
or famine. Sometimes you 
meet fee right people, mosr 
often you don’t” Few are 
called to the work of cultiv- 
ating a real source, few have 
the love and knowledge ro 
understand fee target, Shirley 
explains. “Espionage is about 
redefining Good and Evil, the 
violable and fee sacrosancL” 
Shirley gradually became 
disgusted with the mediocrity 
of his own agency, finally 
quitting in 1993. Then he de- 
cided to enter Iran, hidden for 
six hours in a steel box under 
fee seat of an Iranian truck 
driver whose business was 
smuggling. The trip fused his 
book knowledge and fluency 
in Farsi gained interviewing 
6 migr 6 s in his old office in die 
U.S. consulate in Turkey with 
fee face-to-face encounters in 
fee streets, of Tabriz, Tehran 
and mickstops ea route. 

In fee finest travel-writing 
tradition, Shirley’s passionate 
erudition brings out tire point 
and even the poignancy of Ira- 
nian encounters feat would 
scan baffling and often boring 
otherwise. And, constantly, 
his fear keeps the traveler (and 
his prose) moving fast 
Shirley never loses that fear 
of being caught. He is haunted 
by his height, nndisguisable in 


a land where fee people (and 
doorways) are too short to hide 
him. Americans, he writes, 
“have a recognizable gait. 
They walk forcefully, arms, 
hands, shoulders, and heads 
moving wife their legs.” 

Not daring to outstay his 
seven-day schedule, he ques- 
tions people relentlessly, get- 
ting his answers where he 
can. Wondering about fee 
fleshly paradise promised to 
Islamic martyrs, be asks a law 
professor where virtuous 
Muslim women go. “To 
heaven. I’m sure. But what 
they do once they get there 
isn’t quite clear.” 

Blending his classified 
knowledge and his own im- 
pressions. Shirley offers an 
unusual but convincing view 
of the mullahs’ regime. He 
portrays fee overthrow of the 
shah as a drive toward fee fu- 
ture, which turned reactionary 
only when fee mullahs proved 
incapable of running the coun- 
try. Now, Shirley writes, Ira- 
nians are so fed up that Islamic 
radicalism is converting 
people to secularization. 

Shirley implies that benign 
neglect is fee West's best 
policy toward Iran. It is little 
understood outside Iran, he 
notes, that the CIA is credited 
by most Iranians with top- 
pling the shah and bringing 
the mullahs to power. It fol- 
lows that Washington needs 
to be wary of appearing to 
cozy up to a Tehran regime 
.that seems doomed, albeit on 
an agonizingly slow time- 
table. 

The dual decline of the CIA 
and Iran is a double sadness 
for Shirley. Clearly, he joined 
fee agency and plunged into 
Islamic studies for the same 
reason: to join orders playing 
wife sacred fire. 

Both have turned to ashes. 

International Herald Tribune 


Don 1 miss l he upcoming 
Sponsored Section on 

Travel for Knowledge 

on November 10. 1997 



THE WORLITS DAILY NEWSR4PER 






PAGE 12 
























































































WEDNESDAY, OCTOBER 22, 1997 


U.S. Trade Gap 
Sharply Wider 
Amid Soaring 
China Imports 


WASHINGTON — America’s trade 
deficit widened to $10.4 billion kiAu- 
gust, the worst showing in seven 

fl00d ° f ira P 0fte d toys and 
Christmas decorations pushed the def- 
M. ictt Wl * China to a record, the Com- 
T niCTce Department said Tuesday 

Exports rose just 0.2 percent led by 
the first gam in sales of US. farm 
products this year. But imports in- 


u.o percent, to a record high. The 
trade deficit in July totaled $10 billion. 

So far this year, the deficit is running 
at an annual rate of $114 bUlionTbst 
year s total trade deficit was $111 bil- 
lion, an eight- year high. 

The trade deficit with China grew 9 6 
parent in August, to $5.16 billion, the 
fifth consecutive monthly increase. Jbe 
numbers include both goods and ser- 
vices and are not seasonally adjusted. 

Commerce Secretary William Daley 
said Tuesday that the deficits with 
China and Japan “re main areas of se- 
rious concern” to the White Honse. 

The U .S. trade deficit with Japan nar- 
rowed for the first time since May, 
falling to $4.5 billion, but is still r unning 
17 percent ahead of a year ago. 

m the case of China, Mr. Daley said, 
“Our exports have not grown. The mar- 
ket is not open.” 

President Jiang Zemin is to arrive in 
the United States on Sunday on the first . 
visit of a Chinese leader to the United 
Stales in 18 years. With both sides look- 
ing to improve relations, China’s trade 
surplus is a major irritant. 

U.S. imports of Chinese-made goods 
rose 4_5 percent, to $6.06 billion in 
August Exports to China fell 17.7 per- 
cent, to $898 million in August, led by 
declining sales of transportation equip- 
ment fertilizers and telecommunica- 
tions equipment. The U.S.-China trade 
gap for the first eight months of this 
year, at $31.04 billion, is 28 percent 
higher than for the same period in 1996. 
The deficit fair all of 1997 is on track to 
exceed last year's record $39.5 billion. 

A Chinese trade delegation arrived in 
the United States this week to sign pur- 
chase agreements for billions of dollars 
wrath of American products. Orders are 
expected to include die auto, energy, 
chemical fertilizer, oil and aviation in- 
dustries, China’s deputy minister of far- 


side, which maintains export controls 
on a range of high technology exports. 
These controls includes sales of nuclear 
power equipment, supercomputers and 
military technology. Analysts say there 
was a good chance Mr. Clinton would 
lift some of those controls while Mr. 
Jiang is in the United States, in rerun: for 
Chinese -pledges to stop exporting nu- 
clear technology. ' (AP, Bloomberg) 



~ •xvy 


By Daniel Tilles 

Special to the Herald Tribune 

MILAN — In Italy, one of the best 
ways to reach die wallets of periodical 
readers is through their stomachs or 
maybe even their noses. 

Free pasta, perfume, English or com- 
puter lessons, encyclopedias, even fea- 
ture films on videocassette abound in 
the Italian press as incentives. 

From the most respectable dailies, 
such as Comere della Sera, to weekly 
news magazines, including Panorama 
and L’Espresso, to specialized publi- 
cations like the pugilist review, Boxe, 
virtually all Italian titles are battling to 
raise circulation and ad revenue. 

Promotion wars go back 10 years, but 
they intensified after a recession hit in 
1992 and circulation plunged. Few ob- 
servers see an end anytime soon, not 
least of all because the lures do work. 

While publishers elsewhere use pro- 
motions, few can match die Italian in- 
dustry’s day-in-and-day-out offerings 
of a huge assortment of gifts. ' 

“The most successful promotions for 
die two leading newspapers, Comere 
della Sera or La Repubblica, can in- 
crease daily circulation by 300,000, up 
to 1 million copies per day,” said Eu- 
genio Bona, president of Media Italia 
SpA, a subsidiary of the Armando Testa 
SpA advertising agency. 

“For L' Espresso or Panorama, 
weekly sales can grow by 150,000 cop- 


ies above an average circulation of be- 
tween 400,000 to 500,000 copies." 

At a newsstand one recent Saturday, 
the freebies included perfume courtesy 
of Italian Glamour, a video of the Sean 
Connery film “The Rock” shrink- 
wrapped with Panorama, an erotic 
movie alternative accompanying the di- 
rect competitor L’Espresso, and travel 
information from the Italian Touring 
Club inside La Repubblica. 

Most of die items are free, although 

MEDIA MARKETS 

some do require small premiums in ad- 
dition to the newspaper or magazine 
cover price. 

“Italians read fewer magarines and 
newspapers than die European average, 
in large part because distribution is so 
poor,” said Alberto Rolla, an analyst 
wife Pasfin Securities Sim SpA. 

Because newspapers and magazines 
are hard to find except at street kiosks, 
“there is virtually no impulse buying,” 
Mr. Rolla said. “Publishers had to in- 
vent something to push circulation.” 

The marketing innovation has not 
come cheap. Fra example, Comere 
della Sera spent $15 million to $20 I 
million annually when it began running 1 
promotions three to four months a year, 
said Claudio Calami, chief of die parent 
company Rizzoli Comere della Sera 
Group SpA. 

The newspaper now runs promotions 


Citicorp Targets Costs 
By Cutting 7,500 Jobs 

Bank Aims to Promote Global Efficiency 


Cotrin- iMb Sn Craup 

A kiosk in Mantua displays a wide selection of periodicals, many of them offering a variety of enticing gifts. 

Newsstand Bait in Italy: Gifts Galore 


seven days a week, every week, and 
costs have risen proportionately. 

Analysts said that m the last two years, 
at least one magazine had to shat down 
because of the cost of promotions. 

But Mr. Calabi said the different in- 
centives offered by Comere della Sera 
were effective at keeping competitors at 
bay, in large part because the promo- 
tions are designed to attract new readers 
as well as to induce current readers to 
purchase the paper more frequently. 

“La Repubblica wants to catch us,” 
Mr. Calabi said. “We need to maintain 
or increase our market share.” 

Most publishing executives acknowl- 
edged that consumer promotions had 
spiraled out of control. 

“It would be best if we were judged 
strictly on our editorial content,” was 
the view expressed by one. But all said 
they were unwilling to be first to try. 


By Mitchell Martin 

International Herald Tribune 

NEW YORK — A cost-conscious 
Citicorp said Tuesday it would reduce 
its staff by 7,500 people, most of whom 
process transactions or work in tech- 
nology, even as the corporation reported 
strong earnings for the third quarter. 

The banking company, which has op- 
erations in 98 countries, is trying to 
improve its efficiency by standardizing 
computer systems and delivering its ser- 
vices in new ways, such as over the 
Internet, according to John Monis, a 
Citicoip spokesman. 

“We've got a number of ideas and 
methods for interfacing with the con- 
sumer,” he said. 

Citicorp was reluctant to reveal in 
which countries the reductions would 
fall 

“What we have — and have been 
talking about for a considerable period 
of time — is an opportunity to integrate 
and consolidate our operating platforms 
on a global basis,” Mr. Morris said. 

“We do not want to be more specific 
than that at this point because we have 
the opportunity to be very deliberate," 
he added. 

Citibank is Indeed pursuing a cau- 
tious policy, preparing itself for an 
eventual end to the current boom it is 
seeing in many of its markets, according 
to John Olert, an analyst at Fitch In- 
vestors Service. 

“You see a big distinction in banks 
right now: those that are very much 


enjoying the environment and those that 
understand that banking is cyclical.” 

The bank's strategy is to cut its costs 
because competition in the United 
States and other developed markets 
gives it little room to increase earnings 
by raising its costs to customers, Mr. 
Olert said. 

He noted, however, that pricing pres- 
sures were less severe in emerging mar- 
kets, where Citicorp is doing well. 

In its restructuring, Mr. Monis said, 
9,000 positions would be phased out 
over the coming IS months and ap- 
proximately 1 ,500 of the affected work- 
ers would move to other jobs in the 
company. 

Coupled with a strong earnings re- 
port, the news'helped Citicorp on Wall 
Street, where its stock rose $5.25. to 
$144,125. 

For the third quarter, Citicorp would 
have reprated earnings of $1.07 billion, 
a 14.4 percent increase over the similar 
1996 period, if it had not announced the 
layoffs. 

With a restructuring charge of $889 
million, however, third-quarter income 
fell 45.3 percent, to $51 1 million. 

In the first nine months of 1997, 
Citicorp would have hod a 10.4 percent 
rise in income, to $3.09 billion, without 
the restructuring charge. Instead, in- 
come fell 9.6 percent, to $2.53 billion. 

One negative point in the earnings 
report was the company's U.S. credit- 
card business, where large provisions 
for potential losses have teen a drag on 
earnings in recent quarters. 


EU Is Investigating Microsoft 


CatpHtd by Our SmffFnm Dispatches 

BRUSSELS — European Union of- 
ficials said Tuesday that they were in- 
vestigating Microsoft Corp.’s market- 
ing arrangements for its Internet 
Explorer software as part of an inquiry 
into suspected unfair practices. 

Officials of the European Commis- 
sion, the executive agency of die 15- 
nation Union, said that departments un- 
der the competition commissioner, 
Karel Van Miert, were analyzing con- 


Global Private Banting 


tracts between Microsoft and suppliers 
of Internet services. 

■ The investigation of Microsoft’s links 
to Internet providers was initiated with- 
out prompting by European businesses, 
a commission official said. He declined 
to name the Internet services involved or 
disclose the number of contracts or 
countries where they are located. 

Sources said that any conclusions on 

See MICROSOFT, Page 14 


ORQUS. DISCIPLINED. PRUDENT. 


Asian Slowdown to Last Into Next Year 


AND PROUD OF IT. 


CaapHnl 6 v Ow SetfFnm Disposers 

SEOUL — Southeast Asia’s cur- 
acy crisis is likely to result in a slow- 
own of die region’s economic growth 
rell into next year, the Asian Devel- 
pment Bank said Tuesday. 

Dilip Das, an economist with the bank, 
lid he expected growth in Southeast 
Lsia’s gross domestic product to slump 
> between 4.9 percent and 57 percent 
iis year, after 7.4 percent in 1996. _ 

The impact of the currency crisis is 
kely to persist next year, he added, 
-ith GDP growth at only 4 percent to 
JS percent in 1998. 

The region’s growth is expected to 
ick up to between 52 percent and 6.3 
ercent in 1999, he said. 

The economic projections for the re- 
ion are sharply lower than the bank s 
revious growth forecasts m Ap ril, be - 
>re the currency crisis, of 7 ~*£f rccnt 
yr 1997 and 7.5 percent for in 
The currency crisis has resulted in 
I p Her interest rates and delays in major 

uvemment infrastructure projects, par- 

culariy in Indonesia, Malaysia, the 


Philippines and Thailand, whose cur- 
rencies are among the hardest hit 

In New York, the investment 
strategist Barton Biggs was equally 
gloomy. 

Asian stocks are headed fra further 
declines after months of tumbling fi- 
nancial markets, Mr. Biggs, global 
strategist for Morgan Stanley, Dean 
Witter, Discover & Co., said. 

“The second leg of the decline in 
Asia may have begun, in which Hong 
Kong could lead ou the downside,” Mr. 
Biggs was quoted as saying in a Morgan 
Stanley Dean Witter equity research 
summary.' 

Mr. Biggs cut the portion of his in- 
teroationaTportfblio devoted to stocks 
in so-called “developed Asia” markets 

— including Hong Kong, Singapore, 
Malaysia, Australia and New Zealand 

— to zero from 2 percent, traders and 
money managers said. 

Hong Kong stocks were pounded for 
a second day on Tuesday, shedding 
more than 550 points to close at a six- 
month low. 


Investors bailed out fearing that die 
Hong Kong dollar’s peg to the U.S. 
dollar would bring higher interest rates, 
analysts said. 

Fra the third time since July, when 
Thailand let its currency float, local 
interest rates in Hong Kong surged and 
stocks tumbled amid concern over the 
hi g h cost of maintaining the Hong Kong 
dollar’s peg. The latest trigger has been 
successive devaluations in the curren- 
cies of South Korea and Taiwan. 

The Hang Seng Index closed at 
12,403.10, down 567.78 points or 4.38 
percent — the lowest finish since April. 
The index had been down more than 615 
points on Tuesday. 

In Taipei, by contrast, where the cur- 
rency has fallen in recent days, stocks 
staged their biggest rally in three years 
after the government unveiled a series 
of measures designed to bolster share 
prices. 

The TWSE Index rose 5.70 percent, 
more titan wiping out a 4 percent decline 
Monday and snapping a seven-day los- 
ing streak. (Reuters, Bloomberg. AP) 


CURRENCY & INTEREST RATES 


Cross Rates 
s 

A AnsMrtOD MU 

<• f imnk aus 

Frankfurt i»2 

LmdM to UW 

Madrid UUM 

MBon MM* 

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B iS : a K : - K « JE : 

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Ubid-Libor Rates 21 

Swlst Prow* 

Dollar D-Marit Rone Ste&S &»t Yea £CU 

Mnonlti 5V>-5V» 37k-3fU 1V*-1«¥» M-7V* 3U-39W tt-tt 4¥t»-4fe 
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Sources Renters. Uorts Bank. - 

S ow&dM to Intmixsnk deposits olSl mISiaa minimum (Of (wMriwW. 


ranmioeiaf JWJ. 

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SMUT 

12005 U9J2 
1^17*7- M787 yJOtO 




Key Money Rates 

Uaifad Shtfta C km 

Dftcountma SM 

Print rat* 

FMendftnds SJ 

M^rCDadwden SM 

latriarCPdaUtot 5JB 

a^aoott Tiaamrr U *97 

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Camay 

IjwWwtlnda 650 

CoBawoey 345 

interbank 053 . 

1 manlti tntirtirraf 370 

fntHinak 192 

1 B-ja« Bond 546 


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Bonk mn rata. 

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1-BMdth hriartank 
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64»on hdohank 
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iRtcnMtkn rate 
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lmentli ffOcAak 
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lunch jut, 32130 — 070 

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At Republic National Bank we run our 
business according to one kindarnental 
principle: to protect our clients' capital 
as we safeguard its purchasing power 
It is a simple principle upon wliicli 
■ , we kase our brand of financial conservatism: 

Ilma JqmrtcT r of AqnMr 

N *s^Jaa.11 private Leunking Luilt upon rigoi; discipline 

and prudence. Tkis sophisticated conservatism, 
vigorously pursued, has created a global private hank 
of exceptional stability, capable of weathering 
the roughest storms. 

Indeed, Republic's capitalization 
ratio, on a risk adjusted, basis, is two Hmcs 
as great as that required by the world's 
international hanking regulators. 

To our way of thinking, it is security 
as well as return that we must ensure each 
day. And in the process, to provide 
a unique quality of service, understanding 
and discretion. 


Ip Republic National Bank of New York" 

Strength. Security. Service. 

A Slim llljl- N««W« •»»■»!-• l-l4.1i. IVirntf • ilnml • OfwA lllfl. lbn.\n H .|'.. lya LU I ... . 

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PAGE 14 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 


THE AMERICAS 


B 


The Dov/ 


30-Year T-Bond Yiefd 


Strong Earnings Reports Bolster Stocks 




' • * V— ' 


M J J A S 0 


M J J A S O 

1997 


NEW YORK — Slocks rallied on 
Tuesday as better-than-forecast 
earnings from the technology, bank- 
ing and pharmaceutical sectors 
provided more evidence that compa- 
nies ate firing on all cylinders. 

Last week stocks tumbled amid 
concern that profit growth would 
slow alter 18 straight quarters of 
results topping forecasts. But the 




latest reports doused that pessimism 
and increased die likelihood that 


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■ Source: Bloomt/Big, Routers imcrahcal HeniU Tribune 


shareprices will set new highs. 
“IBM and Microsoft have ten 


“IBM and Microsoft have ignited 
technology stocks," said Garrett 
Nagle, president of Garrett Nagle & 


U.S. STOCKS 


Co. in Boston. “The earnings re- 
ports are a reason for investors to say 
that last week's correction in the 
sector has run its course.” 

The Dow Jones industrial average 
closed up 139 points, at 8,060.44. 


Very briefly: 


• Hilton H otels Corp. said it did not plan to make a coun- 
teroffer for ITT Corp., which has agreed to be bought by 
Starwood Lodging Trust for $13.5 billion. 

• Chase Manhattan Corp. agreed to bay a $4 billion credit 
card portfolio from Bank of New York Co^ which will exit 
the card business. The companies did not disclose terms, bnt 
analysts said Chase probably paid $500 million to $550 
million for the portfolio of 3.5 million client accounts. 

• AES Corp. said it would pay 1.51 billion reals ($1 37 billion) 
for a 90.9 percent stake in the Brazilian electricity distributor 
Cia. Centro-Oeste de Distribtricao de Energja Eietrica. 

• Praxair Inc^ a producer of industrial gases, plans to cut 
about 800 jobs in a cost-cutting move. 

• America Online Inc. cut its stake in the Internet search and 
directory service Excite Inc. to 16.2 percent from 2232 
percent; AOL’s chairman, Steve Case, resigned from the Excite 
board because increasing competition between the two compa- 
nies kept him from taking part in decisions. Excite said. 

• Canada's August trade surplus narrowed to a three-year low 
of 1 39 billion Canadian dollars ($1 billion). Bloomberg, ap 


closed up ljy points, at 8 ,uou. 44 . 

The Standard & Poor’s 5 00- stock 
index rose 16.66 to 972.27, while 
the Nasdaq composite Index rallied 
27.05 to 1,71230. 

The benchmark 30-year Treasury 
bond was up 5/32 ar 99 17/32, taking 
the yield down 1 basis point to 6.41 
percent 

The technology sector got a boost 
from the IBM and Microsoft earn- 


ings. released late Monday. 

“With two major companies re- 
posting better-than-expected results, 
the maiket will get a lift,” said 
Richard Meyer, head trader at J.W. 
Charles in New York. “Stocks that 
show good earnings will move up.” 

Compaq Computer climbed 2 5/ 
16 to 73 11/16. 

Pharmaceutical shares rose after 
several companies repotted strong 
third-quarter earnings: 

Schering-Plough climbed VA to 
59 3/16 after it said earnings rose 21 
percent to $353 million in the three 
months aided Sept 30, from a year 
earlier. Sales rose 24 percent, from 
$138 billion. 

Bristol-Myers’ rose 5/16 to 86 
3/16 after its profit rose 14 percent to 
$855 million on sales of $4.15 bil- 
lion as it sold more of its cancer drug 
and cholesterol-reducer drugs. 

Kimberly-Clark, a consumer 
products company, rose 2% to 52'A 
despite reporting a 16 percent decline 
in third-quarter earnings that was 
partly doe to heightened competition 
m Europe and me strong dollar. 

The maker of Ruggies and 
Kleenex earned $316 million in die 
July -September period, down from 
$377 million a year ago. Sales fell to 
$3.09 billion in the third quarter 
from $3.27 billion a year earlier. 

Exxon and Texaco gained after 


reporting stronger profits for the 
latest quarter because of big jjamsin 
refinery and marketing proms. 

Exxon, die largest U.S. oil com- 
pany, said its earnings rose 17 per- 
cent to $1.82 billion. * 

Philip Morris rose ‘I to 41 11/16 
and RJR Nabisco Holdings climbed 
slightly after both companies report- 
ed lower earnings for the third 
quarter as charges for settling to- 
bacco lawsuits hurt results. . 

Excluding the costs of settling 
cases filed by Florida and Missis- 
sippi and a class-action brought by 
flight flfTPrtdants t naming* at tne na- 
tion's two largest cigarette makers 
rose, were in fine with expectations • 
on Wall Street 


Philip Morris said net earnings 
fell 15 percent to$1.41 billion, in the 
quarter, from $1.65 billion, a year 
earlier Excluding after-tax charges 
of $ 4 % million related to settling 
the lawsuits, net earnings would 
have been $19 bilUon t : matching 
forecasts. Sales rose 4. percent to 
$18.1 billion. 

RJR Nabsico, which makes Win- 
ston and Camel cigarettes, Nabisco 
crackers and otherprodocts, said net 
income fell 46 percent to $122 mil- 
lion. Excluding settlement costs of 
$133 million, earnings would have 
been $255 million. 

. A 14 percent rise in Chase Man- 
hattan's profit bolstered the b ankin g 
sector. (AP, Bloomberg, Reuters) 


As German 
Rate Fears 
Subside 


U.S. and Japan Seal Accord on Ports 


Reuters 

TOKYO — Japan and die United 
States have reached a basic agree- 
ment on' the reform of Japanese port 
practices but talks with the private 
sector are still needed for a final 
deal, Japan's Transport Ministry 
said Tuesday. ■ ■ 

“We reached a basic agreement 
in gbvemment-to-govemment talks 
in Washington," die ministry said. 
“Now we will begin work on an 


agreement among the parties con- 
cerned in Japan.” - . 

. But the key issue of whether Jap- 
anese shipping firms will still be 
required to pay U-S. penalties or 
possibly be denied access to U-S. 
ports remains unsettled. 

The dispute threatened to turn into 
a trade war last week after die U-S. 
Federal Maritime Commission asked 
the Coast Guard to deny Japanese 
cargo vessels access to U.S. ports. 


BhuMbcrgNews 

NEW YORK— The dollar 
rose against most other .major 
currencies cm Tuesday^ partic- 
ularly against the Deutsche 
mark, after a German money- 
supply report eased concent the 
Bundesbank was on the verge 
of raising interest rates again. A 
rally in the U-S. stock market 
also helped bolster the dollar. 

The dollar was at 1.7897 
Deutsche marks,- Up from 
1.7727 DM. But it fell to 
120.875 yeafrean 121225 yea. 

. The dollar also climbed to 
1.4890 .Swiss, francs from. 
1.4725 francs and rose to 
5.9975 from 5.9395 francs. 

The pound was at $1.6350, 
up from $1.6340. 

German M-3 money supply, 
the Bundesbank’s key measure 
of inflation, grew at a slower . 




akcr 


FOREIGN EXCHANGE 


MICROSOFT: E U Investigates Company's Marketing of Its Internet Browser 


Continued from Page 13 


Warren Buffett Buys Dairy Queen 


Bloomberg News 

OMAHA, Nebraska — Warren Buffett’s Berkshire Hath- 


away Inc. agreed to buy International Dairy Queen Inc. for ware » s* 

$585 million in cash and stock, adding the ice-cream- and- sca P e Communt 


hamburger chain to its portfolio of insurance, candy, shoe and 
newspaper holdings. 

Berkshire will pay $27 a share in cash or $26 in stock for 
each Class A and Class B share of Dairy Queen. 

Berkshire's last purchase was of FlightSafety International 
Inc., the biggest U.S. pilot-training company, for $1.5 billion. 

in late trading. Dairy Queen's A shares rose $2.4375. Hie B 
shares rose $1, to $26.25. Berkshire’s A shares rose $300 to 
$44,900. 


the inquiry were “months away/’ 
and that die EU executive body bad 
been cooperating closely with an- 
titrust authorities in the United 
States who were looking into Mi- 
crosoft’s practices regarding die In- 
ternet. 

The disclosure of the inquiry in 
Europe came a week after the com- 
mission said Microsoft was under 
scrutiny for allegations fay European 
companies that it was engaged in a 
half-dozen unfair business practices. 

And on Monday, die U.S. Justice 
Department accused Microsoft of 
using die “monopoly’’ of its Win- 
dows operating system to force 
computer makers to include its In- 
ternet browser in pre-loaded soft- 
ware, putting such rivals as Net- 
scape Communications Corp., at a 
competitive disadvantage. 

The department asked a federal 
court to fine die company $1 millio n 
a day as long as die alleged vi- 
olations continued. 

The Justice Depa r tm en t move 
came hours before Microsoft posted 
an 8 percent increase in first quarter 
earnings — a result that was held 


back by a write-off for an invest- 
ment in WebTV, but still slightly 
exceeding analysts’ expectations. 

Net income for the quarter ending 
SepL 30 was $663 millioa, or 50 cents 
a share; compared with $614 million, 
or 47 cents a share, a year earlier. 

Excluding the one-time write-off 
of $296 million to acquire technol- 
ogy related to the WebTV invest- 
ment, net income would have been 
$959 million, or 72 cents a share, an 
increase of about 55 percent 

Quarterly revenue grew to aiecord 
$3.13 billion, an increase of 36 per- 
cent from $23 billion a year earlier. 

Microsoft’s profits were off their 
earlier tozrid pace. In the fourth 
quarter of its fiscal year, ending Jane 
30, earnings rose nearly 90 percent, 
to $1.06 billion, or 80 cents a share. 

Microsoft shares closed at 
$138.75, up $625. 

(AFP, Reuters, Bloomberg ) 

■ War Over Internet Access 


John Markoff of The New York 
Times reported earlier from Scotts- 
dale, Arizona: 

In talcing action against Mi- 
crosoft, the Justice Department is 
trying to seize control of the com- 


puter industry's competitive ground 
rales that the software giant has in- 
creasingly dictated in the 1990s. 

At sake is Microsoft’s ability to 
blend its World Wide Web browser 
program seamlessly with its Win- 
dows 95 operating system, thus ef- 
fectively eliminating the market far 
Its rivals. 

But in a broader sense, the issue 
. involves the means for gaining ac- 
cess to information through a per- 
sonal computer — and whether the 
primary means fix- doing so will 
continue to be the desktop operating 
system software that Microsoft 
dominates, ex' through Internet- 
based software like Netscape’s. 

Microsoft’s chairman, W illiam 
Gates, interviewed at an industry 
conference here, expressed surprise 
at the Justice Department move. He 
said be and his executives had been 
dispossing the company's browser 
strategy with department officials. 

Although other Microsoft exec- 
utives sought to minimize the sig- 
nificance of the department’s ac- 
tion, many industry executives 
assembled here Monday said they 
believed that a government victory 
could have a significant impact on 


Microsoft’s marketing strategy. 

So far Microsoft’s Explorer is a 


95 operating system. But it is a 
product that buyers of new personal 
computers automatically receive be- 
cause Microsoft has required PC 
makers that install Windows 95 on 
the machines they ship to add Ex- 
plorer as weHItis that sort Of linkage 
that the Justice Department says vi- 
olates its 1995 antitrust settlement 

with the company . 

The next version of Microsoft’s 
operating system software, Win- 
dows 98 — winch is planned far 
introduction next year — is supposed 
to incorporate Explorer directly into 
the operating system. But if the 


pace in September than in Au- 
gust, a sign that inflation was. 
not rising fast enough to 
prompt a rate increase. 

“Tne M-3 numbers were ex- 
tremely bullish fix' the dollar,” 
said Ramon Banza, a director 
of foreign exchange at Bank- 
Boston in Boston. “The 
Bundesbank is not act an un- 
controlled path of tightening.” 

The ,ILS. currency fell 


against die yen after a report 
showed that the U.S. trade def- 

in AugusTaS^Kmcem that 
Japan may adopt tax cuts in 
coming months to revive its 
economy. ' 

The dollar also rose against 

-the mark thanks tO gains in the 

U.S. stock market Global in- 
vestors buying U.S. securities 
need dollars to pay fra: them. 

“U.S. assets are very 
strong,” said Mr. Bauza. 
. “That’s somewhat supportive 
of the dollar.” 

The dollar extended its gains 
after fee Bundesbank’s pres- 
ident, Hans Tietmeyer, said the 
bank would monitor economic 
reports before making its next 
decision on interest rates. 


Justice Department succeeds in pre- 
venting Microsoft from doing that. 


venting Microsoft from doing that, 
PC users might have less incentive to 
upgrade tome newer Windows ver- 
sion. That could have a direct effect 
on Microsoft’s bottom fine. 

David Readerman, an analyst at 
Nationsbank Montgomery Securi- 
ties, had been forecasting 1999 rev- 
enue of $16 billion for Microsoft — 
$2.8 billion of it from sales of Win- 
dows 98. Now, though, “There are a 
lot of what-ifs,” he said. 


pS|'(M K 't \HM. 
*h.oci.:i " 

$ mT- - 


AMEX 


U. S. STOCK MARKET DIARY 


INTERNATIONAL FUTURES 


Tuesday's 4 P.H. Close !SL_ 

The OTitmsI traded stocks of the day, gjjg^, 

up to flie dosing on WaD Street jggj. 

The Associated Press. jfife 


» re U.I* a* Indexes 


Most Actives 


Oct. 21, 1997 


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NOT 97 84.14 8812 8413 unDx. 22*27 

Deo 97 9411. 9408 84*9 otcH. 570799 

MOT 98 94*2 93*9 94*1 undL 439.140 

JOT9B 9X92 9X90 9291 uncB. 34K267 

S2 ££££££ 9nOk 259*86 
Deem 93J4 9X70 9x73 unOT. 226*55 

tear 99 9173 9X70 9X72 web. 158S49 

JunW 9X49 9X66 9X68 ot*. lK2te 

5*9 99 93*6 93*3 93*5 u**. 1057*0 

Dec 99 93*0 93*7 93*9 unds SS 

‘ESS SS SU ^ 

JM00 9X57 925S 9X56 undL. 5X736 


NW97 5X60 57S 57*6 -0.18 35686 

DacW 99*0 5830 58*6 41*4 45130 

JanW 59*0 »J0 59 J1 +0*1 2XOT1 

FOTW 59 JS 99*0 99*1 +006 12*25 

tear" 58*0 5BJ0 58 J6 +006 8394 

*F» S-W S7.11 57.11 -0L49 5*35 

May «8 5SJ0 55*0 55*6 +0*6 1530 

EOT sates KA. Mans saiei 26*93 
Mots apeo M 142225, off 1*17 


Ed- Mbs NX Man sotec 259*12 

Mem opot WXS1X934 oN 40089 


mnsH POUND CCMEM 

Dec 4+oooa 34971 

M ljQ6J ^ ^ 

Ma«telOT2MSL^40w" 


u*s ir+ us 




!b 9. « 

9s Ot +. 

I'S lib U* 

ft J'l 24 

W* M ZP* 

n't 11 12 

■".a U , • 

n # 28 

Ms* n nr. 

n Hi A 

12 Ills IlSb 

e m « 

W. » lb 

lb M :* 

2»b 2SW 29b 
54 Jr » 

115s 11 lias 
lib rv 1<a 

2 *a r* n 

im Its 13b 


Nat Lews 
Market Sates 


1 h 


JI498 396 30M 394 +*H 13*95 

BO. total 1 8*00 MOTS tes 1841 0 
Man epen H 1WJ71 off l JS7 


PLATINUM OU4E30 


9D So* a^doflon perUoy _ 

Od 97 4Z7*0 423.50 

Jot 98 <a *0 421*0 425*0 +430 

tortt 421*0 419*0 421*0 +430 

JM98 I 417*0 +430 

EOT fatal NA. Monrs tes 2 *U 
Man open MUM* 641 


ES3S 

Mr-Hi«is _ 


is* NYSE 
« Ames 
77 Nesdoo 
1 In mm 


58X88 579*3 

31.20 31*4 

71491 68 X 66 


Dividends 


Livestock 

CATTLE (CMER} 

ALOWte-cntaporlb. - . 

DOTW 89*5 saw 6935 +1.12 

Dk 77 OSi 66*0 64*5 +040 

ROT98 49*2 48*5 6075 +042 

Apr98 72*2 7X25 72*2 +025 

91 70*0 70*3 70.70 +037 

AogM 3042 *9.93 70*0 +0X5 

EOT tes 14989 Mom Mbs 1L847 
Mom «pen M 93*05, off 822 


CANADIAN DOLLAR <EMER} 
mowoOTp,* pvi cotl * 

r 7 * 4 J7g 7250-0*023 X781 

Jwt9B 72P3 7274 72744*023 516 

EOT Mbs NA. Atom sates X349 
teoffs open tat 52388. off 172 


HS?T SMCT CRUDE (NMER) 
UKWbM.- 6 a 8 o«perbbL 

NotW 70*7 20*2 80*7 .+4*4 44480 ■' 

DecW 21*4 20*8 20*6 41*5 118723 

SIS £■£ TOM 20*6 -DOS 5L5C 1 

FOT98 2098 mnb jo*5 41X0 29735 
Mar W 2090 2078 2078 -fl*3 14498 ?”• 

Apr» 20*2 30*7 2071 - 0*3 W 447 

EOTntaiNA Moattes 113*0 ^ 

Man open W 41 7744 off 5*01 .. 

{“TJAALeAStHMEtD AC 

10*00 hot Plus, 8 per ww Mg 

N»W 1510 ±225 1404 +0*14 44146 /-& 
^S 0 3494 +0*19. 44W5 . 

•S.S J55 2 *“ 8*»+4U133 TM a , 

M* 3.120 3*25 1060+0*10 21*44 

MOT* 7J90 X 71* X76O+4L030 14151 

Apr98- X4SD 2*00 2*30 +0*15 M71 

g&MtasNAMon 8*867*11 
Man open fat 249*45. up L2S5 


>r . 

■**, Hi 

:a 


LONDON METALS OjJq 
O aten pvneMc ton 


Par AaN Rite Par 
IRREGULAR 


Pot Ana Rbc Pay 


111 

,?5 r* 

IS 161, 


Bonten Qiem _ .IB 10-31 11-14 

Cm* Timbers Roy _ .1119 HK31 11-17 

FeOTprt McRelrex _ .10 l&Tl 11-15 

PemanBasRar .*077100111-17 


Uwflabr tec a 
MorcacbJiBncpn 
JtoJWOnjaicn 
Old Kart Finn 


- X>5 10-31 IMS 

- *87 12-10 1-2 

- *65 11-7 11-28 

- .1811-14 12-15 


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lffi I* K, is 
14 II f: M 


Ml n 7b M 
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IM 12% IT* Dll 


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40, n*B II T 21ia 

as si j p* 

III II lb I, 

1197 7 T 7*a 7% 

ni 5% 5 % 5% 

IM ‘a a 4 
W8 at 81 «i 
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919 M, 9 97, 


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975 96-5 97br 

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2(1 2*a lb 

21b 21*1 21b 

IN T^s 2*n 
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2% rr, 2% 

S* A Si 

2 n 2 

1 % 1 H 1 % 
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l*’-* 1+s I4H 
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itod ScamceTecb 3 for 2 spB. 
— JmxDesian2lOTlsaK 
F52aan*s3fe2ipB. 
Mi3ori3hrZ5pa 
NBint Sotanos 2 tor 1 snSL 
0fcJKentFtad2farls3x 
OuMte»TRin«MlSfcrl spflt. 
TCf«nd2torlsi«. 

Uniphase Cap 2 lari spa. 


INCREASED 


FwwMMot 

FdWARByTr 

FbstarCarp 

GWeteCb 

GoodrtdvBF, 

IPCHOTdous 

Irtterra Rn 

MaahainNey 

MKMganFM 


CSX Carp 

JNAmdVMwyng 


M 11-25 12-15 
*5 10-31 11*14 


RedUenbM 


HasMigsMte 

IPCHOTding 


. J» 11-71 12*15 
. 1*0 12-2 12*18 


RMS' 


Value Line 
Waster Cta 


INITIAL 

AjPgdtndn _ .C1M4 I1J8 

Camden Nil Prep _ 3s 10-23 10-31 

IMH Comnti _ .IS 10-27 11*11 


REGULAR 

a *8 12*15 1*2 

a b 7031 10-29 12-1 
D b 7188 10-29 12-1 
a *25 1041 IMP 
Q 41 10-31 11*25 
Q *875 11-1 tl-15 
Q 71 10-27 11*15 
0 215 n-3 12-5 

a an 12-8 1-2 

8 J175 12-3 12*18 
a .18 11-4 11-18 
Q 70 11*38 12-13 
0 X 11*5 11-20 
2 738 10-30 11*30 

a -3SM2-VS 1*15 
a *simi n-14 

a x 11-21 12-5 

G p 11-7 11-28 
0 ^5 10-27 11-12 

Q ZQ 1U 11*19 
Q M 12*1 IMS 
0 Ol 12*1 12-31 


FEED EX CATTLE (CMER) . 

50000 tes.*COTte par 8b 
0097 78XO 77*0 77*5 -0.15 

N* 97 7X25 77*0 7775 +0*2 

J™ 98 7X73 78*S 78*7 41*5 

MOTH 78*5 77*5 7X00 4UH 

torW 7X60 7X05 7X85 +410 

Mar 98 79*5 79*5 79*5 -0*1 

EOT sa6n 1857 Atom sates 2*17 
Man apOTlOT 1X574 UP 22 . 


1576*0 1577*0 15995 

MWI 160500 141819 

20*9*0**%SS*^ 2125*0 
208614 20B5V5 2742*0 


OOWUNMAOTCfCMER) 
moop marttx ( per Bok 

Dee97 609 JS99 *6044X0055 68*95 
Marti J6S7 *SX 3632-OOOS5 xS 
*66841*055 2*18 
EOTOTtes HA. Men mIm 19768 

tears open tel 73774. off 483 


59800 599*0 400*0 ’ 
<11*0 <12*0 <1X00 


6310*0 <370*0 642000 
6450*0 4OT5JOO 4505*0 


JAPANESE YEN tCMHQ 

S5S ■ M " — ™ 

ssfSMnsur 


WUfAOEDCASOUNE (NMER 

*2e000 gc4 Mb per nol 

*"97 <0*0 5870 59*8 -OSB 38660 

"ZUrS XJ0 atM ■° J4 SMfl 

MnJ8 59.15 5870 58*8 -022 76774 

SS.2 _ 59.18 4117 8991 

J £2 ?i J0 WJ3 -°- u S ™ 

"JJ *X28 6X28 -0.07 *176 

M OT98 42-10 6X08 62*8 4J.02 3*04 

6 **W <1*3 +8*2 2*98 

EOTtesRA- Man sales 1X973 

Man open Ml 931468 Op JU 


HOCS4JMKMEJ0 

40000 Bte, GMb perk-. 

"25.” 67*2 MdL • 3*00 

&& “- 12 44,7 +^ TO 20J96 

S-fJ “J® asn ** 37 A44C 

152 5«JO SX52 4107 3*71 

Jon9B 8197 61S5 6550 +0*7 .131 

EOT sdtt 1338 Man sates 8498 
Mows open Irt 38188 ep 187 


5345*0 5275*0 5440*0 54S000 
teMie*0 54)5*0 5473*0 548000 

1M& 1251*0 1260*0 Utl*0 
Krt . 1270*0 1271*0 1279*0 ,280*0 
High Lew Gate Oise OpM 


«Wg.raAWC(CMEX) 

POTfcaie 

-gff *73341*078 41*15 
•™9X *871 XB16 *814-0*079 leS 
*n96 Mm Mm *S78**M0 267 

BAjoltt NX Ma«Mltt 18363 
MOWS open U 4X578 off 78^ 


PORK BELLIES (CMER) 
exeoo i&A> obNs per te. 

Feb» 62*0 39*2 <2*0 +3*0 8738 

tear 98 62*8 59*0 4X30 +Z75 825 

Morn <3-30 6CL75 62JO +2.15 211 

EOT salcsXISI Man sates LI54 
Marrs open tat 7*S1 off 108 


FtoaocU 

US TRILLS fCME ID 
Hatetew-rtsaiWpcL 

5* 9M2 9S02 -ttlB 8789 

Mot» 9503 95*2 93*1 -0*2 8334 

Sep« • 9X82 -0*2 18 

BOTtttes NX Men tee L239 
Mart open U 9*30- up 56 


MDOCANPESOttMBo 
rauuo peeoxs per pmo 

ssaaw 

Mans opsq tat 4X938 Up 940 


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3525 ,7W >° mj5 WOTh- awn 

3SH5 l 10 * «A» +0*0 20329 

1W*0 181*0 182*0 +0J5 1*165 

2*98 18X25 181*8 18X00 +0*0 7*39 

Mw» 180*0 779*0 179*0 + 0*0 4137 

f27as 3 7 *- 50 ,7iJ5 +BJa *£1 

Mof9a 174*0 173*5 174X5 +075 LM2 

EOT sates: 14*00 Pm. ntes: 1X715 
Pnv. open Mj 100987 up 75 




BRENT WHIPS 

siSS^PSL^MM-MMalWlOOliaTsli 
9*2 IW 0 19.73 I9J5— 002 75*11 ■) -. 

£"£ 3?-?? lfc» I9J6-OJU 34770 

2*5 19*4 WXO 19.78 —04N U293 Wj:, 

M I’-TO 19*9 19*8—0(0 S3B *• •*. 

»J» 19*8 19*5 -OM XB6 i 

*W» 19X6 19X5 19X2—0*3 MM > 


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w aWADfepfetn iehmMdlOTfaOTx 

K l Stelll l . a-OTOrtSfly,* ^— 


LM Os a 41 


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M Pi n » . 


urn ii ,'■» in. 


lb i 

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Vi 27*. »>a 


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Ml J'l 7 J Tb 


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610 Ur libs 111 
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1715 IF, IMa ll-> 


UU Uti UN 

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M IS II 

14ta M 144 

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12b 1J BU 

7b r, 71b 

r-s 7 b in 


Stock TqMes Explained 

Safas 8pnnHW YOTUf Muhsaid teas Rflrane ^ntous53 Metis aba Be oment 

sssesssssssasassssac^ 

oRicMteE BAA ate of dridEndin omd OKtiuseRaiBB based on kbk+ rw+gom, 

0 - dvufand oto rirahl. b -annual rate* tfvtdmd pba stodcdMdend. c- fiqoMaKna 

• ■ amde n* dtdarea or pM ei praoNEng 12 inonltis. f - annual rate, increased an last 

dadorettRLf - cfiiideul in CanaAHlfandx aljectto 1S% m+nsltece Ibl ■ • rfMdaid 

kSoa weft at Brest ewni reeetois- * - i&Adewl fledaiM ar paid Hk war. an 

aoeai»ulath« am Bdh AvMends in anean. b - aanud rate, redaced on ksi ttw+eR««, 
nd - oeio dor deiwr- P - ioffial AiUeoiL aiBuot rale unknown. P/E • price-eoniiHsr^a! 

q-dased-end natDd toniLr-Mdend dodBndvpottiapreaadtaa ia mwahxMuiiia* 

dMdHNLs* stock spfiLDNhtend begin wBb dots of spBL^-^Sxt-^MeMloddte 
«- newyearfy Mgn. v-badmg noltKLii-albsnfuuptoyarrecemnham- b+ina imuaiDHi 

undgltreBewtegatafActof itqiBStt asawiiedbiiwftaHiwnieL^ri.V^^^^Sj^f 
wi - Wbtoi tfluedTlijW - siSiiraiBitxx ■ cz-dhriJtaxi or B+rtgMx xdls • 

nr- wftt)o<itwnnBdX9>ex4lKndend and sales in lull. yM-yiefcLz-9ofHlafutL Wn,a,L 


Food 

CDcxMmae 

laawbfclaBS-Spertan 

DecW 104 U96 1599 *4 39*97 

Mar 98 U68 1632 107 *1 Kill 


treasury «*orn 

S“M00 gM. pte* <4lhS0f J00 Pd 
Dtt97 107-07 10681 107414 aadL 227*97 
JOT98 -14 0KJL 

tewsa pen M 230870 od 17 




»X6 19X9 19X2-0*3 18M 
^ totexaoou Pnw tea 38517 
Wen biL- 191,913 up 286 


22# 8S ^ 

Sep 99 91l3 wS +?-?] 3*828 


WTBTOASURTtcBOD 


M»« IBM7 109-11 109-16 WdL 18*68 
■""W 10X08 ewJL 2 

^te*5X2S»Ma» Hfat3X4S3 

Mon open tat 389*38 off 402 




M»W 1687 1 665 1459 -39 1X744 

JulM 1708 1678 1679 -38 3835 

Sep 98 1705 1499 1499 -36 4X71 

Dec 98 1746 1718 1711 -34 9,100 

EOT MB 18634 Mom sofa* 9*83 
Man open H 109*58 off X4S2 


EOTtes: lULaX p™, 5 

Pw-upenfaU 


--RnftffiSf- 

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99800 996*0 99800 +1X85 1^5 
gtWteNX Mart VP« 59,142 
Mteopn W 198990 up 432 


“ , *ot - Pfa of 

Sw 9 S* Jffi 55HW U 43 


COFFEECOKm 


37*00 tes.-«ttt»pcr fc. 

DecW 152*0 149*0 1*020 -050 11*1* 
-ftktrtB 141*0 139*0 140*0 +090 7,945 


MsrtS I3XM 13850 137*0 +OJ5 2X3 
MB 135X5 mSB 13800 +OTS 1329 
Sep 98 13000 129*0 129X5 +UOO 739 
EOT sofas &411 Mantes 8534 
Men open let 38008 «p 28 


SUGAimonLD 11 OKSQ 


ITXfldO lbs -ends per 8 l 
M ar 90 11*2 11X3 11X4 -0.11 8MW 

Morn 11*4 ux5 lixs -an *lis7. 

M9B 11X6 11*5 IT*5 -U2 19.1 S3 

M98 T1X1 11*0 11*1 <U3 18808 

EOT nfas 11*01 Man s*es 18977 -- 
Man apenU 158408 art 460 


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Ifac97 M 

MM8 n+27 114-17 rU-25 OTCh, 68742 
114-13 MdL 8301 
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*M*OTM W 71X491 off 6432 

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JOTM n S? 1T S? ’S 00 -*W 183ZZ 
J1M98 AT. N.T. 117-26 -*HI8 - 0 

Fsj Mirr. 7L20X Pity, sofas; T48405 
Pm.OpeofaL: 197.252 Oft 9*52 


Dec 97 9815 04.11 “5* U43 

te 98 NLT mV. mm ZjS 35404 
Mo-98 KM ac,V 1*2 “M2 420 


as 

Mar 99 9896 Mot Sot “Si 4 173*22 

JOTW ««? 9X76 

Sep 99 94X0 94*| 8X919 

^, 71 - 8AS 

Pte*.apMieu i, 74Mto if* 1^" 


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MOTS8 0285 53215 571X5 +W* 2-166 

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22 J 5 ISP 1 mis ** Li H-iU 

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EOT safes: 25*49. 

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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 

EUROPE 


PAGE is 


/ 


New Data Ease Gern ian Inflation Worries 


tsy John Schmid 

Hcwhi Tribune 

FRANKFURT — 

w s °hTp« psw | ng b" *«KK l 

Jg? *“ »»£°ut spawning wor- 

nsome new mfhtion threats, «” 

nomic data indicated Tuesday hut 
!*“■«** labor union 
fS P ! n ff, the “Pbeai assessment 

«nSn?.o^ y „ I PredlCnn ® 

w J22? 1 ®" confiden <* in Europe’s 
■j!®* economy in Septernber 
climbed for the sixth consecutive 
month to a three-year high, accord- 
ing to the monthly business climate 
survey issued by the Ifo research 
institute. 

The report kindled hopes that 
Germany s export-driven recovery 
finally might feed into the slack 
domestic economy. 

Today's Ifo data are a clear sig- 

nat that the recovery is gaining mo- 
mentum,” said Gernot Nerb, econ- 
omist in Frankfurt for Salomon 
Brothers. 

Germany’s 30-share DAX blue 
chip index gained 2.4 percent or 


97.75 points Tuesday, boosted by 
indications of accelerated growth. 

The 1G Metal] trade union re- 
inforced the view that German 
companies had recovered their ex- 
port prowess, but that they have 
done so by shedding jobs to remain 
competitive. The union said that a 
“massive advance” in corporate 

earnings in the metalworking and 
engineering industries had accom- 
panied a loss of 110,000 jobs from 
the second quarter of 1996 to die 
same period this year. 

The union said 15 percent of its 
companies planned further job re- 
ductions. German unemployment, 
already at record postwar levels, is 
expected to reach new crisis levels 
in the winter, possibly exceeding 5 
million for the first time in German 
history, economists said. 

Still, Germany’s six leading eco- 
nomic research institutes are widely 
expected to raise their forecast for 
1997 growth when they release a 
joint semiannual report next Tues- 
day. They are expected to upgrade 
their current 1997 growth forecast 
of 2.25 percent to a range between 


2.5 percent to 2.75 percent, econ- 
omists said. 

The acceleration of economic 
growth should carry over into next 
year, pushing the 1998 rate of ex- 
pansion to about 3 percent, said Ad- 
olf Rosenstock, economist in Frank- 
furt for the Industrial Bank of 
Japan. 

The West German business cli- 
mate index, regarded as a key lead- 
ing indicator of economic activity, 
rose to 100.1 points from 98.9 in 
August, outstripping nearly all fore- 
casts and matching the highest level 
since December 1994. 

In Eastern Germany, however, 
which hardly benefits from the ex- 


The East German index climbed to 
103.0 from 102.9 in August. 

Ifo’s monthly survey of 7,000 
leading German companies gave a 
strong assessment of prevailing 
business conditions. The subindex 
for tbe current climate rose to 92.7 
from 90.4, tbe highest since Feb- 
ruary 1992. 

The German central bank sep- 
arately reported that the natioo’s M- 


3 money supply, an indicator of po- 
tential inflation, fell sharply in 
September. Economists said the 
data overall meant good news for 
the economy and diminished 
chances of the Bundesbank raising 
interest rates further this year. 

Like the Ifo report, the M-3 result 
was more positive than expected. 
M-3, which measures the growth of 
cash and credit in the economy, 
grew at an annual rate of 5.2 percent 
in September, well below 5.8 per- 
cent in August The Bundesbank 
this month ended five years of fall- 
ing or steady lending rates when it 
increased its money-market bench- 
mark rate to 33 percent from 3.0 
percent. 

Hans Tietmeyer, tbe president of 
the Bundesbank, welcomed the 
slowdown in the M-3 indicator as a 
“pleasing” development. Recent 
inflation trends “should not in any 
way be dramatized,” he said. 

But he warned that any inflation 
potential that does manifest itself 
must be nipped in the bud so that it 
does not weaken the euro, Europe’s 
proposed single currency. 


Lawmakers Grill Bank of France on Rate Moves 


Blooniberjt A teas 

PARIS — The French Parliament 
summoned top Bank of France of- 
ficials Tuesday to justify their de- 
cision to increase interest rates, a 
move that economists said could 
undermine tbe bank’s indepen- 
dence. 

France and other European coun- 
tries raised their interest rates Oct- 9, 
after the Bundesbank’s lead. The 
move angered several French law- 
makers. including the head of the 
parliamentary finance committee, 
Henri Emmanuelii. who said the 
weak French economy and near- 
historic low inflation did not justify 
higher rates. 


The central bank said it wanted to 
keep French rates in line with Ger- 
many’s in preparation for the Euro- 
pean co mm on currency, the euro, 
which will operate with a single 
interest rate set by the Frankfurt- 
based European Central Bank. And 
some economists see rates rising 
further. That could put the French 
bank on a collision course with the 
Socialist-led government's goal of 
fostering economic growth to fight 
near-record unemployment 
“Emmanuelii, who doeso’t seem 
to have accepted the independence 
of tile Bank of France," said Eric 
Chaney, an economist at the Paris 
office of Morgan Stanley Dean Wit- 


ter, “might try to exacerbate pos- 
sible divisions within the monetary 
policy council in order to prevent 
the Bank of France from following 
the Bundesbank next time.” 

The questioning by the parlia- 
mentary finance commission could 
reawaken German concern that 
France will try to interfere with de- 
cisions by the European Central 
Bank on interest rates, economists 
said. Tbe bank's sole mandate will 
be to maintain price Stability. 
France, however, has called for a 
“political counterweight" to the 
European Central B ank, The French 
government insists such a group will 
not undermine the independence of 


the bank, although German law- 
makers remain unconvinced. 

Analysts said the hearing was un- 
likely to succeed in swaying the 
central bank — for now. Its gov- 
ernor, Jean-Claude Trichet, has 
proved stubbornly resistant to pres- 
sure from the government since tbe 
bank was made independent of the 
government in 1994. Any increase 
in pressure could, however, lead to a 
decline in the franc and French 
bonds, analysts said. 

The Bank of France’s interest rate 
increase, its first in almost six years, 
lifted its intervention rate 20 basis 
points to 3.30 percent, bringing tire 
rate in line with Germany’s. 


German 

Tycoon 

Testifies 

Gw^iiM h Omi StfFtmi Da/kKihn 

FRANKFURT — Juergen 
Schneider, head of a German 
real estate empire that collapsed 
in 1994, admitted in court Tues- 
day that he had falsified doc- 
uments to get loans, but he said 
banks could have discovered 
his cheating if they had been 
more careful. 

Mr. Schneider, testifying for 
the first time since his trial 
began in June, said he had 
presented a fictitious invoice 
for 29 million Deutsche marks 
(S16.4 million) to Deutsche 
Bau- und Bodenbank AG in 
1992 when applying for a loan 
to finance the development of a 
shopping and office complex in 
Leipzig, in Eastern Germany. 

The document escaped close 
scrutiny, he said. 

‘ ‘The in voice I presented was 
just mad: It was only a pho- 
tocopy and there was no proof 
that the payments had been 
made,” Mr. Schneider said. 
“The spirit in Leipzig at that 
time was pretty much one of a 
gold rush. 

Mr. Schneider, 62, fled Ger- 
many in April 1994 after empty- 
ing his company's accounts. He 
was apprehended in Miami a 
year later, although he fought 
extradition until February 1996. 

He is charged with six counts 
of fraud in d ealing s with 
Deutsche Bau- und Bodenbank, 
Deutsche Bank AG, Dresdner 
Bank AG, BHF-Bank AG and 
Norddeutsche Landesbank. 

(Bloomberg, AFP) 


Frankfurt 

DAX 

4500 

4300 JK 
4100 f L 
3900 J 1 
3700 jf 

A 

1997 

Exchange ” 

n r Jem 

Amsterdam 

Brussels 

Frankfurt 

Copenhagen 

Helsinki 

Oslo 

London ' 

Madrid 

Milan 

Paris 

Stockholm 

Vienna 

Zurich 

Source; Tetekun s 


London 
FTSE 100 

£00 

5250 

5000 . 

4750 ,v/ 

4505/ 

4250 ^ . . 


AEX . . 

BEL-20 ~ 

DAX 

Stock Market 
HEX General 
~OBX ~ 
FTSEIOO 
Stock Exchange 
M1 BTEL 

CAG40 

SX 16 

ATX 

SP1 


Paris 

Index CAC 40 
3250 

; 3in 
2950 , 


k S O J J A S 0 

1997 

Tuesday Prev. % 

Close Close Change 

922.52 907.37 +1.67 

2A01J2 £381,26 +0.83 
4,139.50 4,040.75 +2.44 
65035 650-51 +0.90 

3,890.69 3,797.63 +2.45 
751.10 738.19 +V75 

5&&9Q 5,271.00 +0.29 
602.00 537.01 +2.55 

16023 15801 +1.40 

2089.89 2,946.71 +1.47 
3A67J6 3,411.33 +1.64 
1.42SJ? 1,408,90 +1 .16 

3,73IL01 3,688.73 +1.34 

InLfTUltKVil Tnhutv. 


Very briefly: 

• Dassault Systemes SA’s net profit rose 50 percent, to 109.6 
million francs ($18.4 million), slightly higher than analyst 
projections, amid stronger sales of its design and manu- 
facturing software. 

• De Beers/Centenary AG of South Africa and Almaz> 
Rossi i -Sakha of Russia signed a diamond trade deal, ending 
nearly two years of stormy negotiations. Under the agreement, 
the Russian diamond monopoly will sell at least $550 million 
in rough gems a year through De Beers until the end of 1998. 

• Britain's Securities and Investments Board rebuked 
Prudential Corp. for its handling of a review into the sale of 
pensions. 

• Russia's International Company for Finance and In- 
vestment, or MFK. said it could lose its license to trade 
securities because it named Boris Jordan, an American, as 
chief executive. Russian securities authorities said that MFK 
could not have both a foreign chief and a securities license. 

• Endesa SA's shares rose 35 pesetas to 2,720 pesetas 

($ 1 8.29), after falling 1 6 percent in the last three weeks, as 260 
million new shares began trading, marking the conclusion of 
Spain’s largest share sale. Bliumtvo!. Return 


WORLD STOCK MARKETS 


High Law Cta* Pm. 


High Low Ctet Pm. 


High Low Close Pm. 


Tuesday, Oct. 21 

Prices In local currencies. 
TeMsurs 

High Low Close Pm. 

Amsterdam A Exmdwc ma 

Prevtooc9S7J7 


ABN-AMRO 
Aegon 
Ahold 
AtaD Nobel 
Boon Co. 

Bob Mss on 

C&Mcvo 

DcrttsdwPri 

DSM 

Ebeeier 

Rolfs Amev 
Getrartcs 

G-Bnx oro 

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Hoogwenscwi 

HisnDwDkB 

ING Group 

KLM 

KNPBT 

KPN 

NedflOfdGp 
NOW* 
OceGdmen 
PtaMps Elec 

RonXSdiMB 

Raton 

ffofljmco 

RoSncn 

Rotrnto 

RomI Dutch 

iMewr. 

Vendee In# 

VNU 

WoNeR Klcvo 


MU 0 39.90 
16180 14150 
54.10 5150 

~w;yi 3J3 

t4B 14350 
300 3180 
9250 91.40 
114 112 

IN 18150 
3110 3250 
81 JO SOSO 
1050 5950 
57 JO 54 

97.70 94.10 
34X20 33450 
12050 11950 

M B550 

9050 88J0 

7150 69 JO 
4950 43.60 
7450 73J0 
KUO 68.10 
5850 57-50 
24U90 2J0 

149 JO 164J0 
11650 11440 
JO 80L10 
19150 
«UD 59-30 
190 JO 1 89 JO 
11850 118J0 
11230 111 

111.70 109 
11150 10950 
44J0 ■*»•» 

2*1.80 25950 


4030 3950 
16430 16330 
5120 53 

253 yi|) 
146.90 14040 
3X90 3190 
9190 92J0 
11120 111.10 
188 18250 
3240 3150 
81 JO 8050 
70J0 7OJ0 
56 JO 5420 
9650 9640 
340 336J90 
11950 TI1S0 

9050 do 
7050 69 JO 
49 4040 
7460 7190 
69 JO 6950 
4750 4750 
24QJ0 24040 
I6BJ0 16250 
11550 11160 
H #0 

19130 19220 
4950 4040 
19020 189 

11850 117JD 
11140 10940 
111 106 
11150 110.10 
4170 4*J0 
261 2S9 


RWE 

SAPptt 

Schema 

SGLCwtan 

Semens 
Springer IAmO 
Suedzuder 

sr 

VEW 


High Law Claw 
87J0 86J0 8640 
48550 <76 47900 

17750 176J0 17755 
275 27150 27S 

12050 120 12035 

1560 1560 1560 

895 892 895 

423 <20 422 

99 JS 98J0 9950 
555 550 155 

880 873 873 

1150114450114850 


Helsinki 

EmoA 

HuMaOKOtil 

Kendra 

XflfJcp 

MwKoA 

Metre B 

Metxa-SeflaB 

Meda 

NottaA 

Ortoa-YWymae 

Outolaraeu A 

UPMKyiwjwne 

VUmat 


PreelaaK 179753 
58 5850 5750 
215 217 217 

57 5750 5750 
74 76 74 

V 2730 2640 
149 14950 149 

51 5100 51 

133 135 13180 

515 534.10 SOB 
192 199 19150 

90 90 90 

W8 14820 14# 

95 9750 9450 


Hong Kong 


^ Bangkok 

AdvIntoSvc 
Bwigtak Bk F 
Krang TlKd Bk 
PTT Erptor _ 
SfuraCenwriP 
Stan Com BkP 
Teteoomajla 
Thai Akwp 
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242 238 240 2^ 

142 133 136 , 138 

2025 1950 19J5 1973 

402 398 400 390 

550 520 520 560 

9650 95 95 95 

2850 2725 2850 28 

52 SO 50 52 

108 101 103 105 

96 9350 9350 96 


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BddAub 621 608 613J5 61275 

HhSXve, U* '430I44U5 UM 

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tad Dev Bk Jgg S 63050 64125 
McbanaaorTH 28050 274 27425 pj. 

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Steel Aattwtty ta» 1S^ ^ 

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Indofcod 

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750 J JS 
24 2475 
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46 7025 
1840 1920 
3750 38 

3500 3820 
2550 2740 
545 6 

1250 13 

81 8425 
70S 7 JO 
52 5175 
1420 1440 
27.15 2775 
1460 1500 
120 360 

223 228 

9975 6150 
1945 3060 
20.10 2085 
1655 1755 
3440 3800 
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070 075 

74 7975 
*40 453 

635 A53 

660 620 
5050 54 

2220 2175 
1140 1455 


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Prertoa* 514.17 

257S 2475 2475 2475 

8S0 773 800 fflo 

850 775 800 800 

9200 9025 OTO 8950 

2025 1900 2025 M5 

3975 3900 3925 3950 

8925 8900 0925 8925 

6075 58S0 tOOO ^5 

3400 3350 3375 3U5 

3600 3500 2550 


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« 22 2260 2225 
105 202 304 303 

6270 6140 4260 6160 
356 353 356 357 

13700 134 13720 13300 

1440 1675 1690 16M 
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18 1760 18 1753 

110 106 10900 10500 

4615 45.15 4620 45 

6220 6160 4220 4130 
3820 135 13820 13460 

3625 3500 36» 3S75 
43J0 63 63 6Z.90 

22500 220 ffiJO 21950 

80 7800 7950 7820 


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BTR 140 

BunnrtiCosM 11.18 

Barton Gp 124 

Cdirie Wireless 526 

Cot&wrSdh* 634 

CirtonCooifn 528 

ComnUMcn 9.10 

CaapassGp 690 

COLTtoufdi 329 

Dtare 7.15 

Bedroom poaerfs 499 
EMI Group 611 

iS 

ForoCotonW 101 

Ged Acoderd 1125 

GEC 418 

GKN 1470 

GtacWetosroe 1132 

Crunoria Gp B03 

GfandAW 6J3 

GRE 135 

GreenaBiGp 376 

Guteness 635 

61IS - 7J8 

HsScMdgj J7JS 

ICl 900 

fatal Tobacco 101 

SS 

Land Sec 1QJ0 

Lasmo 202 

Lego! God Grp 520 

UaydsTSBGp 8 

Locos VarSy 2.16 

Mt rVr Spencer 648 

MEPC 520 

Merairy Araet 14 

Hoflcnc4Grid 251 

Ned Power 560 

totWed 902 

Neal 754 

Norwtob Union IB 

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PM 700 

Pearson 825 

POdngton 165 

PowerCen 760 

P)H7»er Ftred 5.12 

Pruitonflrf 495 

RtrtfrockGp 905 

Rant Group 148 

Rectitt Ce4m 1615 

Rrfwd 345 

ReedW 6 JS 

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Reroun 143 

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Sdnsburr 

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SatfiewcasOe 707 

Scot Power 400 

Seaatax 2.93 

Severn Trert 955 

StaBTroapR 4M 

State 12-59 

Smith Nephew 70S 

SardhKBne 615 

5tr*trs brd 9^ 

SthsnEtec 475 

Stogecoach 7.10 

Stand QroTer 756 

Tata & Iris 4M 

Te*a> *75 

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31 Group 5^ 

T1 Group 4^ 

TotatoM 3J9 

Unilevef 490 

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UWNe*« 8.10 

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4700 4700 "50 
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IQS 10650 102.10 
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6460 6495 §70 
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17170 17455 12160 
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195 405 625 
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875 9 MO 

277 279 240 

116 120 370 

665 675 670 

2490 25 2525 

570 5.70 

9-38 PJ0 S-S 

845 850 850 

10 10.10 w 

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AbocBtRwS 

BAA 

Baders 

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Btfl Aeiasp 
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107 6IB 615 

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657 665 668 

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490 607 5.14 

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875 806 688 

143 147 364 

1680 1690 16« 
619 629 6D 
268 277 

404 670 660 

923 970 92B 


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^^Bacdon 6® 

taresto 1*« 

Bontonta' _ 7W0 
Bco Cento Hap 2900 
BmPoptter 8690 

to&Stoteer 4615 

CEPSA 430 

Cuntomle 2900 

CorpMitafre 79W 

Endesa 2770 

FECSA 11» 

GasHatWd -7MD 

Ftertrote 17^ 

Pryto »B 

Repsol 6640 

StoOK ,1M 

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VBteKCenod 2870 


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CAP Hemes 
MonBeElecA 
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1.75 175 

480 <75 

279 273 

1106 1101 
173 173 

515 635 
629 627 

612 621 
902 801 

680 668 
125 327 

702 693 

493 5 

572 611 

677 637 

7.13 70S 

100 171 

11.13 1105 
414 415 

1410 1411 
1325 1307 
873 873 

617 639 

131 126 

167 373 

623 633 

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767 766 

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940 9X7 

188 190 

878 828 

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975 957 
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153 251 

729 7J9 

820 8.17 

163 164 

760 7X8 

505 605 

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977 907 

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346 340 
627 
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968 961 

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701 697 

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291 290 

9 JO 970 
459 455 

1159 12-52 
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609 603 

909 699 
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703 702 

7X9 768 

4&S 477 

475 457 

9.13 905 

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139 132 

443 474 

503 501 

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7-51 7-50 

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77P 776 
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17900 17585 
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138 142 137 

313 215 212 

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172 16500 

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Altos Copco A 

536 

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Brambles tad. 
CBA 

CCAjtwB 
Coles Myer 
Coronka 
CSR 

Fosters 8raw 
GoortoanFW 
K3 Au6tndo 
Lend Lease 
MIMHdm 
NotAurtBonk 
NatMulwdHdg 
News Carp 


AlOntoaries: 265670 
Pmiew: 2499X0 

7.93 706 7.95 

11 1109 11.16 
1605 1505 1615 
40 5 4.10 408 

2609 2685 26X5 
1660 16X0 1666 
12-10 12.13 1270 
690 605 6.90 

632 6X5 6J0 

694 503 502 

175 176 277 

222 225 222 

12X1 1200 12.41 

2902 3060 2900 
160 1X1 1J9 

2007 2007 20.90 
238 139 141 

623 673 672 


The Trib Index pncasas<n3oopu. m«- vw m 

Jan 1. 1992 * 100. Level Change S change yew Id dale 

% change 

World Index 176-50 +1.36 +0.78 +18.35 

Regional Indexes 

Asia/Paafrc 112.43 -1.34 -1.18 -8.91 

Europe 193.81 +0.64 +0.33 +20.23 

N. America 210.89 +4.29 +2.08 +30.25 

S. America 181.84 +3.59 +2.01 +58.91 

tadustrioi Indexes 

Capital goods 223.50 +4.08 +1.86 +30.76 

Consumer goods 197.41 +2L26 +1.16 +2229 

Energy 208.17 +1.73 +0.84 +21.94 

Finance 128.13 -0.22 -0.17 +10-02 

Miscellaneous 179.97 -2-91 -1.59 +1154 

Raw Materials 180.81 +1.49 +0.83 +3.10 

Service 170.85 +1.13 +0.67 +24.4 2 

Utilities 169.96 . +Z26 +1.35 +18.47 

77» international HanM TrBasta World Stock tnOox O tracks the U.S. doBar vaHms of 
280 intarrwtkjnaty mestabto slndtB tram 2£ countnes. For more inlamation. a ftw 
booUat Is avatoWe by wttOng to The Tnb Index. IB i Avenue Charies de G aufle. 

92S21 HoudtyCedex, France Comp/bd by Bloomberg News. 


High Low dose Pm. 






™ W’ ^ ' 

r - 


■if. P ,V. 

•*. V 


1 \ 




rr w m 


mm 




DahraSec 
DDI 

Denso »10 

Ftat Japan Ry 5800a 

EteB 1970 

FanlK 4960 

Full Bank 1280 

RlSPhotO 5150 

Fulfce 1490 

BSSS - * IS 

Honda Mohr 4570 

IBJ 1380 

IHI 269 

Itochu <50 

tto-Yokarta 6440 

JAL 417 

JapanTateas 993 

Jusco 
KaStno 
KaraalEkc 
Kao 

KawusaklHvy 
KawaSteH 
IQnldMtapRy 
KMnBmnrr 
Kobe Steel 
Kamatt 
Kubota 
Kyocera 
J^uElec 

Mambenl 
Marul 

Matsu Conwi 


741 734 7« 741 

®90a 4BQ0D 4820a 4980a 
3010 2910 2910 2900 
800a 5780a 5780a SSOOa 
1970 1920 1930 1900 

4960 4900 4950 4930 
1280 12X 1250 1240 

5150 4990 5050 5080 
1490 1440 1440 1460 

1190 1170 1170 1170 

1080 1030 1040 1060 

4570 4440 *440 4500 

1380 1350 1350 1370 
269 258 258 268 

450 433 443 416 

6440 6370 6440 6490 

417 412 <14 412 

993 951 957 993 

2720 2680 2710 2680 

561 551 551 550 


20)0 2010 2020 

1750 1770 1750 

349 356 348 

Z10 215 205 

668 668 670 

1020 1020 1010 

133 133 132 

700 704 696 

406 406 410 


CdnOoridPd 
Cdn Pacific 
Conunco 
□often 
Docrrtw 
Donohue A 
DuPoMCda A 
EdperBrasam 
EuroNevMng 
Fairfax Fmi 
Fteconbridoe 
FfcfdierQwb A 
Franco Nevada 
GuHCda Res 
Impend 00 
Ina) 

IPL Energy 
LndawB 
Laewen Group 
MaanUBIdl 
MaanofaHA 


Newbridge Net 

Narandainc 

NarcBi Energy 

MbernTdeam 

Non 

Onex 


7400 7410 7440 Ponafn Pdtai 

1880 1880 1890 PemoCda 

480 482 493 Placer Dome 

368 384 277 Poco Prfto 

7090 7110 2150 Potash Sask 

3980 4010 4100 Renaissance 


Matsu Elec fnd 2250 2230 2230 2230 RtoAlgom 

Matsu Elec WV 1200 1190 1190 1190 RogersCanMB 

MitsuWshl 1170 1130 1130 1160 Seagram Co 

MPwbfeNOt 272 255 256 271 SlteMCdaA 

Mttsublstt El 440 431 431 433 Suncar 


VIAG. Creating enduring value. 


i the 

-r~- ■ 


29950 26200 

JS m 

8370 8450 
<305 4690 
1410 1440 

7830 7930 
2830 29C0 
8430 8630 

4470 <595 
4460 4520 

2890 2*75 

7800 7970 
2673 2720 
1173 1193 
TOW 7280 
1750 1780 

2450 2540 
6570 6640 

1325 13S 
10650 10900 
<385 4610 
1375 1405 
2805 2845 


PSEtedoc 199189 
PrerioQK 2*1378 


Mitsubishi Tr 

MnWf 

Mitsui Retell 
Mftw Trust 
Murata Mlg 
NEC 

NBdcoSec 

Hftan 

Nintendo 

ffisssr 1 

Nippon Sled 
Ntosan Motor 
NKX 

Nomura 5ec 
NTT 

NTT Dota 
Op Paper 
Osaka Gas 
Rta* 

Rohm 

SatuiraBk 

Sarikyo 

Soma Bank 
Sanyo Elec 
Seam 
Sabo Rwy 
Settsul Oiem 


1770 

1740 

1750 

1760 


674 

660 

660 

663 

TeckB 

5(9 

550 

553 

573 

Tetegtote 

1780 

1740 

1750 

1760 

Telus 

9W 

9i3 

v«u 

975 


1670 

1600 

1600 

1610 


483 

468 

470 

480 

T resists Ha 

5460 

5400 

5400 

5660 

TransCda Ptee 

1480 

1440 

1440 

14B0 


1700 

1660 

I6M1 

1650 

TrtacHteui 

500 

484 

4W 

501 

TVXGoU 

11500 

11700 

11300 

11600 

Westerns! Ehy 

6/5 

654 

665 

656 

Weston 

JUT 

495 

501 

501 


767 

255 

761 

255 


63V 

638 

636 

635 


168 

16? 

1X4 

161 



Ifr® 159D 1610 1590 in mM 

ti50b u iob mob liaob Vienna 

6200b 6000b 6020b 6100b 


HctsteidA 
Kvoemer Asa 

Nank Hydra 

HooktSk ofA 

HrOXMQ A 

OrtdaAnA 

PeBtaGeoSw 

SoaaPtetoA 


1175 

1375 

lira 

U 

1000 

UTS 

15 

1575 

.ICG 

101 

103 

wn 

300 

340 

340 

3X5 

7300 

73 

73 

73 

290 

265 

290 

275 

400 

4X0 

4X5 

4X0 

145 

142 

143 

144 

940 

no 

930 

935 

so 

4900 

50 

5000 

(00 

670 

600 

6.90 


BtenMttSBUB 
Pr e rio us. 529651 

72X0 7200 71* 
2320 2370 2130 
J920 3920 39X0 
1636 1600 I&4D 
3900 4100 3SJ5 
62X0 6300 6270 
3J0 3X3 136 

3400 34.90 3400 
3900 4.15 3908 
16808 1S8J0 I46S0 
2050 20X0 20X0 


Milan Mia TtogaB c u. 1602380 

Ptesteosi 15KUN 

AfctBtni Assic 16080 15800 14040 15830 
BgdCMHiIB* 5240 5115 5180 5200 


TasasacemOtt 

StwcbltodAM 


Acnx 1095 

AGf 324JO 

AlrUmtte Ml 

AtofadAWh 811 

Aw-UAP 410 

Bonadra 790 

BIC 623 

BNP 21B 

Conte 1070 

Canelour 3507 

Casino 348 

CCP 368 

Cetetan _ 654 

QwtoDior 763 

CLF-DesteFiwr 400 

CradBAtpkxta 1317.10 
Dome 917 

Sl-Attetone 781 

EridteioBS • 886 
Eteotfeney 8 

Edrrtfanfll 6 

France Tried* 211 JO 

Gen-Eou* 702 

Haras 40970 

metal 710 

Lafeage 418,90 

Le^and 1180 

•LOrete 2265 

LVMH _ 1168 

MldrctaB 357 

Partes A 47058 

Pernod Rksd 294 

PeageslOl 783 

Ptawi* -Print 27» 


3340 3190 
12400 12208 
43 4300 
446 443 

41050 41100 
254 248 

181 17650 
667 6£5 

533 519 

14800 148 

138 134 

390 390 

57 5450 


CAC4fc 291909 
Ptwfcwsj 294671 

SI 1094 IBM 
20 22670 318X0 

50 956 950 

198 834 802 

00 40900 405X8 
178 784 774 

HO 61690 615 

NS 31680 30530 
142 10(8 1040 

145 34(6 3452 
.10 34570 34600 
.10 366X0 365 

136 656 640 

>22 722 753 

51 595 582 

117 1317 1317 

«3 915 914 

>51 781 746 

51 883 860 

90 796 795 

75 505 59S 

210 20600 
701 691 

30 41500 403.10 
169 674 705 

00 489 406.10 

43 1179 1155 

B3 2259 2226 

193 1115 1152 

351 344.90 
466 464 

294 788J0 

52 774 751 

K 2730 2715 


Daewoo Hemy 

Hyundai Eng. 

Kto Motors 

KanaBPw 

Kama Exfa Bk 

ICSemfcno 

PohaogiRMSt 

SomsungDUny 

ScmwnaEJec 

ShtatwnBank 

5K Telecom 


5620 4800 
16800 15700 
6900 6800 
1B400 17500 
4700 4350 
56500 54(00 
51900 50400 
42000 33900 
57500 54300 
7360 69SD 
625000 390000 


5620 SOTO 
15900 15800 
6900 6700 
18000 18400 
4500 4400 
55000 24(00 
51400 50900 
42000 42000 
55800 54000 
7000 7000 

410000 410000 


Singapore *"*££;!££ 


ftnaficDonfep 
Pioneer tall 
PubBmodcoa 

(HoTinta 
SJ George Bcmk 
WMC 

WartpocBUng 

WonSdePet 

Wbtemtta 


Taipei 


360 156 
470 405 

8J0 8.15 

2005 19.90 
837 827 

601 501 

872 8X6 

1200 1130 
474 406 


3X0 156 
4.15 414 

821 874 

19.99 1906 
834 875 

506 509 

870 8X4 

12X7 12X1 
4X6 453 


Stekte House 1030 
5evefl- Eleven 
Simp __ 


6T7 608 60B All 

266 263 263 264 

ITS) 1*90 1690 1730 

13600 13300 13300 13800 
560 542 S45 545 

4110 4020 4QM 3990 

1350 1320 1330 1330 
415 46 405 405 

8820 8520 8630 8870 

4550 1500 4500 4520 

885 875 879 879 


BaeMer-Uddch 
CiwBfcmsl PM 
EA-GeneraU 
EVN 

Ruahaten Wien 
OMv 

OestEtekMz 
VA Stahl 
VATedi 
Wlenerberg Bau 


High Law aou Pm. 

37X5 37.05 37X0 37.15 
42.90 4255 4205 42*5 

3270 32 32 32*r 

2605 26J5 2605 26.10 
1105 11X0 11X5 11V: 

29 78X5 2805 29 

34 34 

26 26*e 26.10 
26W 25M: 26t 25.90 

370 363 363 367.10 

2485 2415 2405 24 

2205 3295 2291 22-. 

3600 3505 36*r 36 

1205 1275 12X5 1Z7B 
B7te 8660 B7te 8670 
32X5 3210 32'. 3105 

S4M 5425 54X5 5U5 
7005 2070 2000 2080 
35X0 3465 3490 35.05 
19V, 19X5 1905 19J5 

9995 9805 9 9.» 99X0 
1215 11.70 12.15 1105 
2605 2SX5 2500 26 

82 8200 84 

2605 2645 2600 2635 
33.95 33X5 33.70 3195 
147 l47'« 14105 Ml 
1100 11.70 1100 11 V, 

35X5 35.10 35.10 35W 

25 J49Q 25 25 

27X0 27.15 279: 2720 

2110 2445 2495 24X1 
13 12V . 13 77te 

116': 114*. 11619 115 

33.95 33.30 33^ 33x0 

28X5 37.90 28X5 28’t 

23 23V: 23'i 

49*5 5105 4800 
27.70 77 JO 27X0 7 r-i 

51 50.60 5090 50.95 

5140 50.10 51 U HPa 

J6H 26'. 
51 51 

28.95 28X5 28X5 2800 

34X0 34 34.15 3435 

49.40 4890 49 J5 48*a 
1975 19.10 I9‘. 19.10 

27X0 27.05 2775 27 

77.95 74A5 77.95 7495 

3635 3615 36U 36'. 

7X0 7.15 7.15 7X5 

2805 28X5 28.70 28^. 

103 100 103 99 


ATXiadtt 142577 
Previm: 1408.90 

106650104480 105490104480 
763 737 757 742 

3190 3150 3150 31A5 
1500 1488 1496 1491 

517 51200 51b 51200 

1905 1855 1900 1 850 

927 920.10 92110 921.50 
58695 OT 502 JO 56460 
2499 2451 7470247480 

2572 2549 2572 2550 


1010 HOT 1020 

9150 9230 9150 

1000 1000 10X 


SWokuSPwr la SO 1830 1830 1850 

Slwteai 563 SSO 551 558 

Shr+efcuQi 3350 3130 3130 3310 

Shtuldo 1770 1740 1760 1750 

ShbuoknBIt 1270 1250 1>70 1250 

SteSrate 3520 3450 3«0 3150 

Stray 1I6M 11100 HUM 11400 

SuraSomo 880 862 863 B57 

SumlocaoBk 1640 1600 1620 HID 

SwnflChem 441 429 429 432 

Smlfamo Elec 1780 1740 1750 1770 


Wellington wsExotak* 2*904 

Pmtant 2572X7 


AlrN ZetedB 
Briefly liwl 


Stack MtaMtadoc 773405 

PrewBtG731678 


Aria Poe Brow 
Otebos Pac 
QtyDertts 


DB5 
FraserANecM 
HKLond ' 


JoMStatetec 

SSboi* 

KqppdFtes 
tend 


OS Union — 
Parkway Hdgs 
5w ta w| 
SJnaAhtofBfan 
StagLcrad 
StagPresbF 
Sing Tech Ind 
Tetecomm 
. jeBcrak 
Uhl indvelrite 
UWOSwBkF 
Wtrq TteHdgs 
-4i US oMbrK. 


Prevkws: 179492 
5 505 S.IS 

438 450 474 

770 7.90 5.10 

775 700 770 

003 003 008 

1500 1690 1570 
V» 302 308 

8 8 7.95 

274 175 2.96 

625 6J5 7 

3X4 164 396 

SJ5 5X5 070 

3 304 3 

478 402 400 

2.99 1W 3.18 
9.95 1070 10 

615 6» 635 

5.10 S40 575 

505 505 665 

10.90 11-10 1170 
500 500 090 

71 JO 71.50 a» 
236 239 2X0 

239 2X1 2Xb 

2x9 171 275 

001 692 0.95 

1040. 10.70 1070 
2X4 270 206 


Cataay LHelns 12200 
OvagHwaBk ■ 92 

OaaaTangBV <300 
Chkra Devtepmt 8000 
□ten Steel 2500 
FW Bonk 93 
Fomasa Plastic 5500 
Hub Nan Bk 9300 
M Gamin Bk 5300 
Nan Yd Ptasfla 57 

«S 

sssa-a, &i 

Wd World 0*1 5650 


117 12200 

88 92 
61 6300 

7800 8000 
26X0 25.10 

89 93 

53 55 

9000 9300 

51 5300 

55 57 

73 77 

Hi 12800 
3T 7240 
6100 6500 

52 5450 


Sum 11 Metal Z7S 

Sum* Trust lift 

TtestnPbami 3280 

TokedaChejn 3630 

TDK 10800 


27S 269 269 765 LkraNoflwr 

1140 1120 1120 1120 TdeannNZ 

3280 3210 3230 3190 WtemHoitar 

3630 3570 3570 3580 

10800 10100 10100 10700 


4 

3.98 

4 

4 

U5 

U4 

135 

133 

309 

302 

308 

300 

570 

572 

5.24 

524 

7.70 

7X8 

770 

7X3 

105 

100 

101 

104 

3.10 

205 

307 

305 

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8 x 0 

198 

82* 

IS 

297 

824 

1U0 

1130 

1130 

1130 


Tahaku El Pair 1900 1870 1870 1880- 


TteteSate 
ToMa Marne 
TteyoEIPwr 


830 830 833 

1380 1380 1360 
2180 2180 2170 


Tokyo Flecton 7(10 7370 7370 7(70 


Tokyo Gas 
Tokyo Corp. 

Town 
Topper Prim . 1630 

Tora^lnd 669 

Twtfm 
TaypTrurt 
Toyota Mata 3970 

Ytamanoochl 3200 

axlOlkltxIMD 


2» W> 261 244 

517 506 507 SOS 

TO 951 965 975 

1630 1500 1580 USD 
U9 OS 653 

SW 580 580 58b 

'SIS ’E? 1B “ 1750 

975 MS W8 
3970 3830 3830 384Q 
3200 3160 3160 3160 


Stockholm 

AGAB 110 11< MB 11500 


Tokyo 

Atoaanto 

Al Nippon Air 

Aawoy 

AstalBatk 

Astedam 

AsafaiGiau 

Bk Tokyo M3su 

BkYckteunra . 

BndgaSeot 

Canon 

Orate Elec 

Cbueteai Elec 

DteMppPnn) 

Dda 

DaXchiKara 
DaiwaBate 
Da tea House 


HIM Z2& 1721609 
PmkK 1729451 


1070 1030 
591 581 
3600 3SS0 
695 690 
STB 515 
869 >46 
1S» 1M5 
540 529 
2980 2040 
3100 3120 
2010 1980 
1870 1850 
2580 2520 
(00 593 
1140 1110 
503 478 
1170 1130 


1000 1040 

581 581 

3550 3650 
690 688 

515 571 

860 856 

1050 1830 

529 539 

2970 2970 

3T30 3100 
I960 1990 
I860 I860 
255Q 2510 

595 600 

1120 114 

478 473 

1130 1140 


Toronto 

AMU Caw. 
Alberta Energy 
Atom Atari 

Anderson E*pl 
BkMnrtmd 
Bk Now sadla 
Bonks Gold 
BCE 
BCTrteowa, 
BtadwnPhan 
BombanSerB 
Coikoo 
asc 
CdnNdIRtel 
CdnNteRes 


TTSE I toBBrinfe Tiom 
rrenouss TtnSAJ 

73 22h 2205 22.70 

31« 3110 33 

ffTp 4195 4S.7D 4480 
HO 1620 

S9J0 5005 9970 58.90 
SfS 65X0 6400 
3080 31X5 3090 
SIS 41X0 4170 4270 
3010 3705 3805 38 

KT. N.T. N.T. 4100 
J® 1 * Mto 2820 
503 51JD 54 51*4 

41.10 40X5 4D.W 4BXD 

M0O 75*. 76.70 75M 

42.10 4105 42.10 4P, 


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ABBB 

AdeaoB 

AhisteueR 

Aies-SeranoB 

AMR 

BoerHdgB 

BdbtoeHdgR 

BKViston 

Ota Spec Qicm 

□arrant R 

CrdSufcueGpR 

EiektrawOB 

Fras-Chemlr 

ESECHdg 

HaldefbankB 

LtechtenslLBB 

KesitoR 

HovaihR 

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ftrrgesoHtaB 

PhantVhn B 

Rtdwnort A 

PlreWPC 

Roche Hdg PC 

SBC R 

SchtoflerPC 
SGSB 
SMHB 
SulierR 
Swm Rents R 
SAb Group R 
VB5B 
VWntwthurR 
Zurich AuurR 


SPItadoc 373801 

Piwvioin; 36BL73 


549 

S25 

538 

04 

1442 

1416 

1437 

1410 

2690 

2610 

267$ 

259S 

851 

851 

851 

865 

2355 

2300 

2355 

2335 

2357 

2305 

7350 

2309 

1296 

1285 

1292 

1282 

157 

14500 

150.75 

I46J5 

1186 

1175 

118$ 

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221 

21875 

■271 

21875 

538 

535 

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535 

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410$ 

4150 

1396 

1376 

139J 

1390 

570 

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570 

215< 

2123 

2154 

2116 

2305 

2272 

2302 

2250 


1870 

1800 

1870 

1790 

900 

875 

W 

876 

1955 

349 

1930 

336 

'3 

1901 

335 

IK86 

17800 

IW1Q 

17730 

410 

403 

40V 

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1755 

1744 

1745 

17.W 

7880 

2835 

7850 

7850 

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1180 

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1180 

1157 

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2307 

3210 

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1968 

1950 

19(4 

1955 

1713 

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1495 

1613 

1594 

1607 

1592 

617 

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I 


PAGE IT 


ASIA/PACIFIC 


* 


Cadillac Goes Global 

GM Rolls Out Redesigned Seville Models 


C*xnWh.Our Si&Fnn OujMrta 

^ °f the classic marque designed 

introduced a right-hand drive 1998 Seville 
especially taUwed for tbe Japanese mSket 

m Said r aims to Seville sales 

* OM 0 ^, “ 5?/“ fro® the current 
35.000. The camtaker hopes io increase the 
proportion of Seville sales outside the United 

ihe next several years from 5 percent now. 

, P x e ? P ° r I- verei0D of 1998 Seville shown 
at the Tokyo Motor Show and arthe Frankfurt 
show last month ts shotfer than its domestic 
counterpart. The car for Japan has specially 
A made navigation systems, revised interior 
r conmsls and foot pedals and other chances. 
The new Cadillac will be marketed in three 
versions: U.S.. Japanese and international. 
For the first time in 56 years, the Cadillac 


will havea right-hand drive version at launch, 
taking account of driving conditions in Bri- 
tain, Japan and certain Asian countries. 

GM is Pushing Cadillac as a global luxury 
car, challenging such brands as Mercedes- 
Benz, BMW and Toyota'Motor Corp/s Lex- 
us. The new model will go on sale in Japan in 
December, with a base price of 5.26 million 
yen ($43,400). The Lexus, sold as the Celsior 
in Japan, goes for about 7.5 million yen. 

. “The point is GM recognizes that it has to 
be global,' ’ said Joseph Fhillippi of Lehman 
Brothers in New York. "If they can’t sell 

and Cadillac being their penultiitiate^luxury 
brand - — they have a problem." 

The chairman of General Motors, John 
Smith, played down the effects of recent 
economic jitters in Asia and said the company 
aimed to-giab 10 percent of Asia’s car market 
in the next decade. 

“We remain very optimistic despite the 
recent weakening of the yen and the currency 
devaluations in Soutiieast A 
said. “We think the im 
ations will be relatively 


Asia." Mr. Smith 
of the devalu- 
es rt -term." 


Ml 

\ 


Thais Decree Reforms 

Door Opened to Assets of 58 Finance Firms 


Cvo fSM by Our Sug Frau DispoKha 

BANGKOK — As the International 
Monetary Fund expressed unhappiness that 
Thailand had rescinded part of- its budget 
plan, the cabinet Tuesday endorsed six 
decrees to implement sweeping reforms to 
revive its flagging finance sector. 

But the embattled Thai currency plunged 
to a record low on both on- 
shore and offshore markets 
as the finance minis ter pre- 
pared to resign over back- 
tracking on the IMF com- 
miiments. 

The dollar climbed to an 
all-time high of 38.70 baht 

in the onshore market and 

to 38.85 baht on the off- 
shore market late Tuesday. 

The dollar closed in Bangkok on Tues- 
day at 58.25 baht, up from 37.30 at Mon- 
day's close. “It is txxsiuse. of the political 
problem.” one trader said. 

Another trader said, “There is growing 
nervousness among players following Fi- 
nance Minister Thanong Bidaya's an- 
nouncement he would resign. And die baht 
will remain weak until, that issue apd the 
fate of the premier are resolved." 

The long-awaited decrees will provide a 
legal framework for domestic and foreign 
creditors to lay claims to assets of 58 debt- 
ridden finance companies that were sus- 
pended earlier this year. They also will lead 
to the creation of two bodies, the Financial 
Restructure Agency, which will manage the 
good assets of the 58 suspended firms, and 
the Asset Management Corp., which will 
direct the liquidation of the-bad assets. 

The decrees were approved at a special 
cabinet meeting last Friday, but enactment 
was delayed until Tuesday. 

The reforms contained in the decrees 
were drawn up with help from tire World 
Bank and the IMF, which .sponsored a 
$ 1 7.2-biltion bailout package for Thailand 
to put its battered economy on track. 

But the IMF also said it was not 1 
that Thailand rescinded part of an 
approval budget plan to cut the country’s 
deficit. The fund does not know who in- the 


The unstable 
political scene 
poshed the baht to 
a record low. 


Thai government will be left to explain why 
the proposed oil tax was scrapped last 
week, or how Thailand proposes to cover 
the revenue shortfall. 

The oil tax was part of a package designed 
to ensure a 1 percent budget surplus in 1 998, 
a requirement of the bailout package. 

The full package — including tbe tax 
increases — was announced 
Ocl 14. Three days laier the 
government rescinded the 
oil tax increases in the face 
of public opposition. 

‘That was a surprise and 
it was very unfortunate,” 
said KunioSaito. the fund's 
director in Tokyo. 

. He said the fund would 

ask Thailand how the it proposes to meet 
the IMF targets — but it has to wait for the 
political situation to settle before attempt- 
ing new talks. 

Meanwhile, Finance Minister Thanong 
urged Prime Minister Chadvalit Yong- 
chaiyut to speed Ms cabinet shuffle because 
any delay would damage the economy and 
the baht. Mr. Chaovalit has kept silent, 
however,- making no comment -on the 
second day of street protests, the decrees or 
the cabinet changes, which he promised last 
month when his six-party ruling coalition 
won a vote of no-confidence -in Parlia- 
ment (Reuters. Bloomberg, AFP) 

■ IMF Backs Big Loan for Pakistan 

The IMF on Tuesday approved a three- 
yeari $L56‘ billion package to support 
Pakistan's economic reforms, Agence 
France-Presse reported from Islamabad. 

The first installment of $206 million win 
be released to Pakistan immediately, it said. 

the. loan will be provided under the 
fluid's Enhanced Structural Adjustment 
Facility and the Extended Fund Facility. 

• ESAF loans, cany an interest rate of 0.5 
percent a year and are repayable over 10 
years with a five-and-a-hatf-year grace 
period. EFF loans are repayable in 10 years 
with a four-and-a-half-year grace period 
and the interest rate, which is adjusted 
weekly, is now about 4.2 percent 


Government’s Reform Proposals 
Leave Analysts in Japan Yawning 


By Stephanie Strom ■ 

finr York Tunes Service 


TOKYO — The governing Liberal Demo- 
nic partv’s widely anticipated package of 
iposals ’ to jump-start Japan’s choking 
zrnomy was unveiled Tuesday and met with 
f sounding raspberry, as economists almost 
unimouslv declared.it short on substance 
J long on political expedience. 

The packace, much of which had leaked 
r in dribs and drabs over the last two weeks, 
■luded measures to deregulate the sale and 
wlopment of real estate, cut corporate in- 
me taxes, allow long-distance telephone 
mpsinies to set rates more freely and in- 
use government assistance to small- and 
d-sized businesses. - 

The government will decide next monm 
icther to adopt the proposals as a formal 
mulus package. . . . __ 

Much of ihe disappointment centered on 

■ party's decision not to propose anmeome 
, P cu,,\vhich many economis^idered 

■ key to bolstering consular spendmgand 
• economy. The United States smd t other 

lions haveurgedJapanrostzrn^jederoand 

home rather than export its way out of its 

mnmic doldrums. i hito* 

But the government has taken swjd 

percent from 10 percent the portion or 

idical bills people must pay. 

■ j. irr i trt see how some ot tnese 

SPS - fiSgilS 

hit at StonJ X amount of 

■here’s nothing that says a « 

mey will 1« *cni or returned to cut pay 

n« parry referred 

lie .hectare of the 

R^he'pmp^ 

^rSd-^caaeffod-toachteve 

the exact impact of the 


proposals because' they made no concrete 
suggestions," said Masaru Takagi, chief 
economist at tbe Fuji Research Institute Corp- 
"For instance, they say they will cm cor- 
porate taxes, but the key point is how much 
and over how many years, and they don’t tell 
you that." 

Mr. Takagi and others now estimate that 
economic growth in the fiscal year that ends 
Mar. 31 will be flat The government has not 
yet reduced its projection for 1.9 percent 
growth in the gross domestic product, al- 
though Koji Omi, director general of the 
government’s Economic Planning Agency, 
conceded Tuesday that meeting that target 
would be difficult 

Nonetheless, he continued to predict a re- 
covery in the economy in the second half of 
the fiscal year, an event private-sector econ- 
omists have now all but written off. 


India Takes Steps 
To Revive Economy 

CotyMlnOirSltfFmDtvato 

BOMBAY — The Reserve Bank of 
India on Tuesday cut a key benchmark 
interest rate, lowered the level of cash 
reserves that banks are required to keep 
on deposit with the central bank, and 
freed rates on deposits of 30 days or 
longer in a bid to reverse a two-year 
economic slump. 

' In its monetary policy announcement 
for the second half of the fiscal year, the 
central bank cut the rate at which it lends 
to commercial banks to 9 percent from 
10 percent 

The bank will also lower the cash 
reserve ratio to 8 percent from 10 per- 
cent in eight stages of 0.25 percentage 
point each through March 28, 1998. 

The 2-point cut will release 96 billion 
rupees ($2.69 billion) in commercial 
bank funds for lending, the central bank 
said- 

‘ Regarding rales for deposits, banks 
were previously required to set rates of 
up to 2 percentage points Jess than the 
central bank rate for deposits of up to one 
year. (Bloomberg, AFP) 



V^nrp FraiH Pi**— 

John Smith, chief executive of General Motors, introducing the new Cadillac Senile. 


Separately, a senior General Motors ex- 
ecutive said the best way to promote tech- 
nological change in the auto industry and to 
protect the world’s environment was to in- 
crease gasoline taxes in the United States. 

A gallon of regular gasoline in the United 
States now costs about $1.28, or about one 
quarter of the cost in Europe. That allows 
U.S. drivers to buy large, gas-guzzling 
vehicles without thinking abour environmen- 
tal impact, Louis Hughes, president of GM's 
international operations, said. 


Mr. Hughes’s comment comes a . few 
weeks before a Kyoto, Japan, conference at 
which hundreds of nations are expected to 
sign a treaty limiting emissions of carbon 
dioxide, thought to be a main contributor to 
global warming. 

Mr. Hughes' said it was wrong that the 
United States, the world's richest country, 
has the lowest energy costs. This makes it 
makes it hard for Washington to lecrure de- 
veloping countries about pollution, he said. 

(Bloomberg. AP. AFP j 


Investor’s Asia 


Hong Kong ■ 

■Rang Seng 

18000 — ■ 2200 

- 2100 
— 2000 



Singapore Tokyo 

Straits Times Nikkei 225 

21000 — — 

20200 

- -19)00 


1900 — 




17800 


'uTTa s~i 17 I 1 d 'm 1 Tas o ™MTj ASO 
1997 


1997 

Exchange 


Index 


1997 

Tuesday Pw. 

Close. Ctosa Change] 

12,403.10 12,970.88 -4.38 


Singapore- 

Straits Times 

1,771,22 

1,794.02 

-1.32 

Sydney 

ABOrdnades 

Zjm.70 

2.638.40 

+0.43 

Tokyo 

Nikkei 225 

17,210.09 17,294.51 

-0.49 

Kuala Lumpur Composite 

760.30 

767.97 

-1.00 

Bangkok 

SET 

507-94 

509.51 

-0.31 

Seoul ■ 

Composite Index- 

56&8S 

565.64 


Taipei 

Stock Market Index 7,73405 

7,316.78 

+5.70 

Manila 

pse 

1,993.89 

2,015.78 

-1.09 

Jakarta 

Composite index 

514.97 

514.17 

+0.16 

Woffington 

NZSE-40 

2£9&94 

2.572^7 

+1.06 

Bombay 

Sensitive index 

4.11639 

4.154.84 

-0.91 

J Trihiii* - 


Very briefly! 


• Hong Kong will not ban Hollywood’s new crop 
of movies about China and Tibet, said Brian Chau, 
secretary for broadcasting, culture and sport, in a 
move to allay fears that Beijing would object He 
was reacting to reports that Hong Kong distributors 
were refusing to screen “Red Comer." about a 
U.S. businessman who runs afoul of Chinese au- 
thorities. and “Seven Years in Tibet” and 
“Kundiin," about the Dalai Lama, the exiled 
Tibetan leader. 

• Japanese commercial real estate prices in the 
country's six largest cities dropped an average 5.3 
percent in the six months ended in September, 
continuing a seven-year slide that has left banks 
holding trillions of yen in bad loans and helped 
bring economic growth to a crawl. 

• Vietnam will have to revamp state companies. 


streamline the tax system and strengthen banks 
before the International Monetary Fund extends 
more credit to ihe country. IMF officials said. 

• Japan's financial watchdog, the Securities and 
Exchange Surveillance Commission, lias filed a 
criminal complaint against Nikko Securities, ac- 
cusing it of making under-the-table payoffs to a 
racketeer, news agency repons said. 

■ Thailand’s output of cash crops will be sharply 
curtailed over the next eight months because of the 
El Nino weather pattern, government and industry 
sources said. Rice and sugar production will be 
particularly affected. 

• The United States and Japan have begun two 
days of talks on improving foreign companies* 
access to the Japanese market for flat glass. 

• Dascom Group, one of ihe world's leading soft- 


ware development companies, is ro relocate its 
regional headquarters from Silicon Valley in north- 
ern California to the Gold Coast in Australia's 
Queensland State. Premier Rob Borbidge said. The 
company will invest $66 million over five years to 
establish a research and production base. 

• Long-Term Credit Bunk of Japan Ltd. will 
start selling mutual funds of lnvescu Asset Man- 
agement Ltd. of Britain in its branches this year. 

• Yuohan Japan Corn., which has filed for court 
protection against creditors, will cut two-thirds of 
its work force in an effon to speed up restructuring 
plans, the daily Nihon Keizai Shimbun reported. 

• Atlantic Richfield Co. and Kerr-McGec Corp. 

said they signed energy exploration agreements 
with the Chinese national oil exploration com- 
pany . fi/.nwi/u-ri*. AP. AFr. Ki un r\ 


Utter refinement of 
proportion and finish gives 
tbe Breguet style timeless appeaL 
Tbe delicate hand-uvrhed guiibcbe 
e ng nw fn g on the silvered 
gold dUd was introduced 
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and requires a levd of 
artistry rarer now 
than ever. 



One of Brunets most 
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Protected by patent in 
199 J, it combines In 
+ a wristwatcb a perpetual 
equation qf time - showing 
tbe difference between 
mean time and true 
solar time -and a 
perpetual calendar. 





Conceived by Breguet in 1780, 
tbe automatic movement featured 
an oscillating weight that 
rewound tbe mainspring. 
Today the craftsman's band 
decorates tbe uwgfe with fine 
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complement the beauty 
of tbe movement. 


Tbe celebrated “pomme" 
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Invented for you 


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* to 





PAGE 18 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 


SPONSORED PAGE 



Technology and the Envir 


* 


A World of Cyber-Knowledge 


The environment benefits from expanding data and Internet access. 


T he environmental rcvolution.owing in 
large part to technology, has accel- 
erated to a point unimaginable 25 


JL era ted to a point unimaginable 25 
years ago. 

“Certainly, our ability to address com- 

S * environmental issues has been pro- 
affected by computers, from un- 
derstanding die problems to addressing 
them." says Peter Sa undry, executive di- 
rector of the Committee for the National 
Institute for the Environment in Washington. 
D.C. “What is truly new is the ability to deal 
with cver-mo re-complex problems like glob- 
al wanning and global climate models as 
computers get taster and more powerful." 

The U.S. Environmental Protection 
Agency says that “if not for new technol- 
ogies. we would be polluting more without 
additional benefits." 

The EPA would like to see economic 
growth continue without increased pollu- 
tion. 

“The gross domestic product in the United 
States has continued to grow, while our en- 
ergy use has flattened out," says an EPA 
spokesman. “But now the energy use is 
starting to grow again, and we want to get 
back to a more technology-rich pathway that 
saves money and prevents pollution." 

At one end of the spectrum, technology 
helps keep the worst industrial pollutants 
from reaching the environment “End-of- 
pipe" technologies like scrubbers clean 
emissions created by the burning of fossil 
fuels. At the other end of the spectrum, 
technology improves efficiency. 

“To be more profitable today, companies 
need to be more efficient and more pro- 
ductive, which means cleaner,” says an EPA 
spokesman. The agency estimates that 
through existing technologies, efficiency 
across the board could be improved by one- 
fifth without a loss of performance. 

One way to achieve this, experts agree, is 
through the use of existing technologies. 
Generating electricity often requires burning 
fossil fuels, which releases harmful pollut- 
ants into the air. In die United States, elec- 
tricity generation accounts for 35 percent of 
all carbon dioxide emissions, 75 percent of 
sulfur dioxide and 38 percent of nitrogen 
oxides. 

Energy efficiency is a positive step toward 
reducing air pollution. The EPA has teamed 
up with die private sector to develop cutting- 
edge, voluntary partnerships^ Owing to the 
production and use of energy-efficient equip- 


on-site clinics and regional workshops “to 
make environmentally just and sustainable 
living a central part of education." 

William McDonough, a professor at the 
University of Virginia’s School of Archi- 
tecture, posted his design for a course that 
asked students to audit the university's en- 
ergy use. Starfish contains some 200 course 
directives similar to Mr. McDonough's, in 
fields ranging from accounting to zoology, it 
also provides access to 1.500 bibliographic 
references, from agriculture to water re- 
sources. in its Biblio database, plus 21 ex- 
amples of teaching techniques, all available 
on the Web. 

“Starfish helps teachers to ‘green’ their 
courses," says Second Nature’s Steve Bolton 
in Boston. 

Both organizations and their projects have 
been supported in part by Compaq Computer 
Corporation, the world’s largest manufac- 
turer of personal computers. Compaq aims to 
conduct its business in a manner that is 
compatible with the environment, integrating 
features into die design and manufacture of 
its products to reduce the environmental im- 
pact of the products' life cycle. The company 
also supports the use of its products to benefit 


the environment 


United Slates 

Environmental Protection Agon 


ENERGY 


Hr 


WHAT II THE IMKf in&lkM I 


Learning about the environment on the fotemet 


ment, energy use and air pollution are being 
drastically reduced. 

The EPAs Energy Star logo identifies 
products that save electricity and money at 
home and in the office. Manufacturers of 
office equipment throughout the world have 


joined the Energy Star Office Equipment 
program to produce thousands of cnenev- 


program to produce thousands of energy- 
efficient models of computers, monitors, 
printers, fax machines and copiers for both 
the business and home markets. 

The EPA has identified office equipment 
as the fastest -growing electricity user and 
urges manufacturers to apply technology that 
allows electrical appliances to power down 
automatically when they arc not being used. 

Under the EPA's Green Lights Program, 
businesses nationw ide arc dramatically cut- 
ting their electricity bills for lighting. Forty 
percent of the Fortune 5U0 companies arc 
upgrading their lighting technology over the 
next five years to reduce their energy costs 
and help the environment. 

“Seven or eight years ago." says a spokes- 
man for Green Lights, “these technologies 
for saving on electricity did not exist." 


Sharing data 

The Committee for the National Institute for 
the Environment in Washington, D.C., wants 
to further the application of those and other 
new technologies through a National In- 
stitute for the Environment. This non -reg- 
ulatory science body would support envi- 
ronmental assessment, research, information 
dissemination, education and training. 

The committee has created a Library for 
the Environment, which gives the public 
Internet access to the Library of Congress 
Research Service’s environmental reports, 
heretofore available only to members of 
Congress and their staff. The committee has 
also formed an Internet database called the 
Directory of Higher Education Programs, 
which pulls together 120 programs from the 
interdisciplinary sciences on the environ- 
ment that previously were too diffuse for 
general access. 

Second Nature has adopted a similar ap- 
proach with its Starfish database, designed to 
help university faculties with environmental 
research. Second Nature is a nonprofit or- 
ganization that works with and trains higher 
education faculty and administrators through 


Virtual expeditions 

The same technological “greening" applies 
on a score of Web sites [see sidebar], and 
probably nowhere more than at the nonprofit 1 
National Wildlife Federation iNWF). Tech- 
nology h3S given the federation the ability to 
interact with nearly 650,000 middle- and 
elementaiy-school teachers in North Amer- 
ica who receive the federation's teacher 
guides and curricula each week. 

“We target kids for our Web site," says 
Jaime Berman Matyas, the federation's vice 
president for cause-related marketing, “and 
show teachers how to find information on the 
Internet” 

The National Geographic Society takes 
technology in its striae. Not only has the 
society revolutionized the art of cartography 
through computer imaging, but it also carries 
technology into the field and lets anyone with 
a computer tag along, often with amazing 
results. 

Last year, when Will Steger, one of the 
society’s explorers, crossed the Arctic on 
foot, he logged onto his laptop computer 
every day and linked himself to thousands of 
classrooms around the world. This spring, the 
society invited Web users on an expedition in 
search of gold, silver and artifacts spilled by 
the Spanish galleon Concepcion when it sank 
in 1641 on a coral reef near the modem-day 
Dominican Republic. 

Back on the surface, the Society’s Web site 
offers students and teachers lesson plans on 
subjects as diverse as tigers, the Zambesi, 
geography quizzes and more. 

From the perspective of good environ- 
mental education, technology has been a 
boon to students interested in sharing ex- 
periences. 

In Hawaii, the school system has created a 
research project on the endangered species of 
the island In Boulder. Colorado, a pub- 
lication entitled “Vocal Point” helps high 
school students share environmental data on 
Monarch butterfly migration as well as on 
water and air quality with other schools 
around the world 

Over the Internet, the studems at the Arbor 
Heights Elementary School in Seattle share 
their Earth Day Groceries Project; students in 
1 15 schools collected nearly 46.0041 grocery 
bags from local stores and' decorated them 
with Earth Day themes. 

In Keystone. Colorado, the Keystone Sci- 
ence School has been teaching about the 
environment as a backdrop to science for 20 
yearn — but now computers and the Internet 
help the 3.500 students and 170 teachers 
conduct their research and keep in touch. 

The European Union in Brussels has also 
embraced the power of technology and the 
Internet as a means of putting its environ- 
mental policies to work. 

“For one thing, using electrons is better 
than using paper. It is faster and it slays 
longer." says Takis Alevantis. a spokesman 
for the EU’s Directorate General for the 
Environment 

The EU’s Energy Directorate, tor ex- 
ample, just published its 1997 report on the 
state of world energy consumption. The re- 
port is available on the Internet and will be 
disseminated on paper m a few w eeks. 

The EU’s Web site posts information as 
diverse as its Fifth Environmental Action 
Programme, which relates the environment 
to sustainable development; its Sustainable 
Cities Project; and its LIFE Programme, 
which funds projects for the env ironmenL In 
Germany, the efforts have translated into bio- 
monitoring of foe Ruhr River in Ireland, an 
emission-tree process for crystal manufac- 
ture; and in Italy, paper made from carbon 
dioxide and orange peels. 

The EU’s LIFE Web site gives details 
down to foe most technical level — for 
example, on environmentally friendly clean- 
ing technologies in the integrated circuit in- 
dustry. “We do believe in the Internet as a 
basic tool for our information strategy.” says 
Mr. Alevantis. 

indeed, the sharing of data and infor- 
mation through the computer-driven Internet 
gives students and scientists, as well as busi- 
nesses and households, the tools to contribute 
to a cleaner planet • 


“Technology and the Environment” 

mbs produced in its entirety by die Advertising Department of the International Herald Tribune. 
This series is brought to you by Compaq. 

Writer: Malcolm MacPherson. basal in Virginia 
Program Director: Bill Ufahder. 


-Tii 


A Survey of Web Sites ^ 

Many Web sites supply environmental information. The following are some • National WiidlifeFe<Jeratiori: rrttp^/T'rww nwf.prg-AlIsortsofofferir^; 

good examples. adults, teachers, students and young kids onW®^BW® 




exampjes. aouns. leacners, sreuen » ci .u jv- owl angered habitats. 

Clean Up the World; http://www.deanupfoevvorld.ofg.au. Includes the wetlands, buffalo recovery, habitat conservation p * 


latest on the grassroots environmental campaign. Over 40 million people in Animal Tracks, teacher resources, etc. ^ information 

110 countries are involved. . U.S. Envvonmental Pn^on http^^ 

• European Union: http://www.europa.eu.int Information on EU programs on the Energy Star, Green Lights and other efa program . 


rr-Cv:'^ 


throughout Europe, including UFE, the Sustainable Cities Project aid foe Rfth for the home, office and buildings. /^^aomor/rerveline ■ 

Environmental Action Programme. • , Computer Recycling; 


nmemai auium rrogramme. • , wjmpuier nogup 1 __ er+V T nl i no kino for 

National Geographic Society: htfo://www.nationalgeographic.com. html. This site can put you In touch with an orgamzao * 


Check out GeoGuide, with classroom guides and family activities, sponsored donations of out-oWate computers. ___ __ j Trtr r// W vyw 

byCompaq. This Web site comes with all ofthebellsandwhistles.lt is also a • Second Nature/Starfish: htfo://w^.araair&oj upv - 

< * Rihiin and university databases for an sorts or 


favorite with children. 


starfish.org. Access to the Biblio and university 


• Committee for foe National institute for- the Environment http:// - envlronmentalinformatlon. • iv-wenna - 

wwwxnie.org. Technical papers on the environment prepared for U.S. Con- - - • Environmental -.Education on the internet-. mtp^T vw w - 

gress members. Also has a database for university sylfabi on the environment umlch.edu. This site offere e wealth of resources tot sruawns 

irid for academic research. ■ . as well ss for professionals who support 

• .The Green Page: A Guide to Things Environmental on the Internet: http: • Compaq Computer .Corporation Lhttp:/ /”****» ‘ 

//www.echoryc.com/'-kamml. Helps get you where you want to go. ehss. Lets you find out what Compaq ts doing for me environment,. 






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PAGE 20 


Iicralb J ^^Sribunc 

Sports 


Us 1,1 

WEDNESDAX OCTOBER 22,13^ J 


U-* 


‘Ma’s Army’ on the March 

Downhill Not Getting Longer 3 Chinese Runners Break 5,000-Meter Record 




i ** 8 


winter Olympics Intent on abiding by environmental 
laws, Nagano's Olympic organizers on Tuesday rejected 
die latest proposal to extend the downhill ski course into 
national park land. 

A 27-member panel of the Nagano Olympic Organ- 
izing Committee turned down the plan, which inter- 
national ski officials had guaranteed would. not damage 
the environment. Only one member of the panel, which 
reviewed the proposals from FIS, die international ski 
federation, voted in favor of changing the course after a 
day of discussion between the sides. “Our stance will stay 
the same,” said Makoto Kobayashi, head of the Nagano 
organizing committee. 

The men’s do wnhill will be one of the marquee events 
of die Games. The .course has been criticized as too easy 
for top competition. Organizers contend it cannot be 
lengthened without encroaching on protected land. (AP) 

Jordan Has His Toenails Fixed 

basketball Tickets to the Chicago Bolls' final three 
exhibition games just got considerably less valuable: 
Michael Jordan won’t be playing. Jordan had ingrown 
toenails on both feet removed Sunday, but be stQJ should 
be ready for the regular-season opener Oct. 31. Coach 
Phil .Jackson said he was not concerned, even though 
Jordan will be joined on the sidelines by Scotde Pippen 
(out until January after foot surgery) and Dennis Rodman 
(unsigned). “I’m always smelling the roses on a 
dunghill,” Jackson said. “It's going to be fine for us.” 

• Dennis Johnson, the former All-Star guard with the 
Boston Celtics, was arrested on charges be grabbed his 
wife by the throat and threatened her with a kitchen knife. 
Johnson, 43, who played cm three NBA champions, was 
arrested Monday at his home in Orlando, Florida. (AP) 

Who Is, and Who Isn’t, a Springbok 

rugby South Africa has slammed the door shut on 
players who make their careers outside the country's 
borders. World Cup heroes like Francois Pi enaar , Joel 
Stransky, Gavin Johnson, Rudolf Straeoli and Garry 
Pagel. who have chosen to earn a living at the game 
overseas, will no longer be considered for the Springboks, 
according to an announcement by Rian Oberboizer, the 
chief executive of the South African Rugby Football 
Union, that in effect closed die borders on the pro- 
fessional players. ‘‘This does not mean in any way that we 
are stopping players playing oveseas,” he said. “Itis then- 
choice whether they go to Europe to earn a living or 
whether they want to play for their country.” (AFP) 

Dolph Camilii, MVP in NL in *41, Dies 

baseball Dolpb Camilii, the 1941 National League 
MVP and a star with the Brooklyn Dodgers, died Tuesday 
at a nursing home in San Mateo, California. He was 90. 
Camilii meat a total of 12 years with .the Dodgers, 
Chicago Cubs, P hiladelphia and Boston, including six 
with Brooklyn. A first baseman, he helped the Dodgers 
win the 1941 pennant, batting .285 and leading the league 
in home runs with 34 and in RBIs with 120. * (AP) 


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CaryalrJ by Our Skitf Fran DapaHn 

BEUING — Three 
Chinese women, including 
two coached by Ma Junren, 
shattered the world 5,000- 
meter record Tuesday at 
China’s National Games — a 
race in which they should 
have been taking it easy. 

It is rare for distance world 
records to be broken in the 
heats of any championship 
because most athletes tend to 
worry only aboutmaking sure 
of their places in the final and 
spare their energy. 

But Doug Yanmei, 17, a 
new protegeof Mr’s, clocked 
14 minutes 31.27 seconds, 
surpassing the world record 
of 14:36.45 set by Fernanda 
Ribeiro of Portugal in 1995. 

Dong's teammate, Jiang 
Bo, was timed in 14:3130, 
and Liu Shbdang in 14:3233, 
both clipping more than four 
seconds off the record. 

Their races . sparked 
memories of the astonishing 
3,000-meter world records 
from Wang Junxia, Mb’s 


former protlgd, at China's 
National Gaines in 1993. On 
successive days then, the re- 
cord was broken three times , 
twice in the beats. 

Wang and Qn Yunxia were 
among the first members of 
“Ma’s Army” of women 





Dong Yanmei leading die 
field to a record Tuesday. 


runoera who turned in record- 
breaking performances dur- 
ing the rany 1990s. Their suc- 
cess fueled allegations of 
drug abuse in Chinese sports. 

Ma says his runners do well 
because they train at high afti- 
tude and get ajecial herbal ton- 
ics to help them recover. He 
lashed out at suggestions that 
Chinese athletes used banned 
dregs. (AP, Reuters ) 

■ Swimmers: No Proof 

The secretary of swim- 
ming's inte rnational govern- 
ing body -says the Australian 
coach, Don Talbot, has no 
proof that Chinese swimmers 
are resorting to drugs to en- ' 
hance performance. The As- 
sociated Press reported . 

Gunnar Weiner, die offi- 
cial, said dud without proof, 
there was no rules violation. 

New chug doubts arose after 
Chinese s w imm ers set two 
world records and several 
world-best times forfoeyearat 
the country’s National Games 
in Shanghai last week. 



rmm 

HI 


',.V 








VICTORY AT SEA — The Swedish yacht EF Language sailing into Cape Tow* 
harbor Tuesday to easOy win the first leg of the 7^50-mfle Whitbread Round the 
World Race. In second place was the Merit Cup of Monaco, 160 raflea behind. 


Coach Goes Home, This Time as the Enemy 2^*017 \ 


Imemadonal Herald Tribune 

L ondon — it is a 

messy business, this 
modem-day sport. It 
.tnms a against ms pasL 

On Wednesday, Nevio 
Scala returns to Parma, where 
he raised the small-town Itali- 
an twin to Firmp ean status. 
His mission is to knock Parma 
AC down, to remove it from 
the UEFA Champions League 
after he spent six years build- 
ing toward thar aim 
S cala is quuitessentially 
Italian, bora on Padua farm- 
lands, made rich throu gh 14 
years as an energetic wing- 
half. richer still through foe 
largesse Of Pa rmalat foe 
dairy company tfaat-spousors 
10 clubs worldwide. 

Scala was the team’s cre- 
ator, foe blender of youth and 
world-class imports. 

From Serie B to Scrie A — 
for the first time in Parma 
history. From near the top in 
Italy to reaching out for 
Europe. From not quite ob- 


scurity to not quite the best 
was Scaia’s achievement. 

The club wanted that final 
furlong and, when Stefsno 
Tama inherited the jxeskten- 
cy 16 mouths ego, Scala was 
paid off and dispatched to a 
new budding job, at Perugia. 

However, he too is hungry. 
He wants to win foe big one. 
So when Borussia Dortmund 
won the Champions Cup last 
summer, and promptly an- 
nounced that coach Ottmar 
HitZZfeld was satisfied and 
ready for less str e ssf u l em- 
ployment, Scala took foe 
past. 

The rest you can guess. 
Parma and DortnUmd WHC 
drawn together in the sazpe 
Champions League group, 
and Wednesday is the big 
night, with Scala returning in 
charge of the enemy. 

He is duty bound to try to 
tear Parma apart. She of the 
players he implanted into the 
team are likely to line up 
against him Wednesday, bur 


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Vantage Point/ Attorn Hufhis 


consider fesr the moment just 
one. 

Gigi Buff on is, at 19, the 
baby of the Parma team. Scala 
found him 1 nurtured him, and 
blooded In'm into foe team 
against AC Milan when the 
goalkeeper was 17. Now, 
from a position of almost pa- 
ternal trust, foe coach has no 
option but to exploit any fad- 
ing he knows in the boy. • 

in a w inner -takea-aU game , 
the Achffles must be preyed 
upon. No matter that the con- 
sequences could expose the 
young goalkeeper perman- 
ently, irrespective of what 
Scala feels ror Bttffon — or 
for Buffbn’s father who was 
his conte mp o rar y as a player 
— the coacn will have to grve 
foe Germans his secret. 

Indeed, Scaia’s circum- 
stances make it imp e ra t i ve. 
He is a coach in a foreign land 
for the first time, his team is 
lnngninhing fond from foe 
bottom of the Bundesliga with 
two victories in 11 matches. 

After rounds against the 
stubborn Turkish team Gal- 
atasaray and the rather easdy 
beaten Sparta Prague, Borus- 
sia Dortmund has defended 
its champions’ crown with 
100 percent honor. Parma, 
two games, two goals and 
none conceded, lira second, 
and lies in wait with the new 
pragmatism that Carlo An- 
cefatti. Scaia’s replacement, 
has coached into it 

Similarly unbeaten and im- 


penetrable in foe Italian 
league, Parma used the foun- 
dations laid by Scala and 
sprat a fortune adding to it 
But foe attack is completely 
different under Ancelottl 
So Scala is revisiting 
something old but someone 
new in his former colors. 

As to ins own squad, who 
could want for more than the 
best team in Europe? . . 

He inherited players who 
are proven on the big stage, 
even if Dortmund had sold 
Karlheinz Rjedle to Liver- 
pool. He also acquired an in- 
jury list that seems to be en- 
demic to the club. 

This season, at last, Mat- 
thias Sammer. Andy MoeDer, 
Stefan Reuter and until this 
month. Steffein Freund, were 
more missing than fiL 

S cala came with the repu- 
tation of a fitness fan- 
atic, a preparateur who. 
with his trainer Ivan Carmaui, 
pushed players to the limits 
on foe practice fields. Why 
should his methods make 
Italians flow like water yet 


milk in Germany? 

It is surely just coincidence. 
Old wear- and-tear injuries 
are not foe new man’s respon- 
sibility, as those who hoped 
they were appointing a healer 
are discovering. But Scala 
finds, like Giovanni Trapat- 
toni, the other Italian coaching 
at Bayern Mnnich, something 


is lost in translation. 

Scala mustn’t despair. His 
journey straddles two lands 
whore European triumphs ate 
a matter of wealth rad or- 
ganization. And there is a 
coaching vacancy in a place 
that on Wednesday hose an- 
other of soctier’s continental 
giants. Jnvenfns — which lost 
foe Euro p e a n - Cup to 
Dortmund — takes a team de- 
pleted by injuries and suspen- 
sions to Kosice, Slovakia. 

It is Kosice that has foe- 
vacancy. Coach Jan Kozak. 
43, has retired because of iQ 

health mid tiw» wilin g teg f ri hg* 

so far been trounced by 
Manchester United and Fey- 
enoord. Though owned by 
VSZ Steel, the team qualified 
unexpectedly feu Europe, its 
players can grind out $80,000 
dollars a year — 50 times foe 
average wage for Slovaks and 
less than a month’s take- 
home pay for Juventns’s 
Alessandro del Piero. 

What they cannot do is per- 
form before more than 8,500 
people. That's because their 
stadium is condemned, a new 
one is at the planning stage 
and for now they welcome the 
world’s great players into the 
humble abode of neighboring 
Lokrunotiva Kosice. 

But let’s not jump too far 
ahead. At least temporarily. 
Scala is going home. 

Rob Hughes is on the staff 
of The Times of London. 


The Associated Press - 

Andrei Tikhonov and 
Yegor Titov scored to 
lead Spartak Moscow 
past -Valladolid, 2-0, in 
the first leg of a second- 
round UEFA Cup game. 
Tuesday on a wet field in 
Moscow. 

Tikhonov’s shot in the 
6 2d minute was followed 
by Titov's goal into an 

ORPA Car 

empty net in the 86th. 

Despite using five de- 
fenders in the second 
period, die Spanish team 
was unable to fend off 
Spartak. 

In Volgograd. Russia, 
Rotor Volgograd and 
Lazio of Rome played to 
a scoreless tie in fora 
first leg of a second- 
round UEFA Cup game. 

Braga of Portugal de- : 
molisbed visiting Din- 
amo Tbilisi of Georgia, 
4-0. . 

The Brazilian mid- 
fielder Rodrigao opened 
the scoring with a right- 
foot drive after 22 
minutes. 

Toni Duarte stretched 
Braga's lead in foe 54th 
minute when he tapped . 
in a rebound from short 
range, and Karoglan 
Mladen scored the third 
with a superb solo effort 
10 minutes later. Bruno 
Ferreira completed foe 
rout with a header 15' 
minutes from foe end. 


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Yzerman Tips One for 3-3 Tie s,llt n i 
A s Wings Break Blues 9 Streak •— 


The Associated Press 

DETROIT — Not much gets settled 
when foe Detroit Red Wings and Sl 
L ouis Blues meet daring foe regular 
season. 

The two teams skated to a 3-3 tie 
Monday nighL, snapping the Blues’ sev- 
en-game winning streak, but leaving 

NHL 1008089 

them a point ahead of the Red Wings in 
the NHL’s Central Division. 

‘T guess we’ll take a tie in this build- 
ing and be happy,” said Grant Fuhr, foe 
Bines’ goalie. 

The Red Wings tied the score when 
Steve Yzerman deflected Nicklas Ud- 
strom's shot past Fuhr with 3:06 re- 
maining in regulation. 

“I* ^ a beautiful tip, top-shelf,” 
the Bines' coach, Joel Qoenneviiie, 


said. “You can’t do mnch about IhaL” - i /. 

Yzerman had two goals, but was not Jl — — 

especially happy. He noted that theRedffj 
Wmgs were O-for-7 on their power play • . fcj 
and gave up a short-handed gooL V-' 

“i don’t think we played a pattio- _ 
foariy prat hodcey game” he said. 

^ The Blues took a 3-2 lead when Jim - < f l 
C ampbell scored with &58 remaining, / ~ ^ 

casing a rally from a 2-1 deficit . /[ 

’* bought it was a great game,” V i 
Qnenneyaie said. “Both teams had op- ' \ 
portuniues to put it away, ft was a good V 
test i for ns with first place on foe liac . 

early in the season.” - 

After losing their first game, the Bioes -” 

are off to a club-record 7-1-1 start. :/. ' . 

w^ l,j S”^ ,#n,inri,: * n ^ 2 ^nbI ew Yoik, 

Ntklas Sundstrom and Jeff Fmtey scored 

53 seconds apart in foe second periodas iSjiv 

foe Rangers snapped a three-game fos- 

ing streak. b fT* — 

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Curtis Lcsdtyshyn of the Hurricanes trying to ste .1 
AleuiKoralrv fa, theses S 











INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 22, 1997 


PAGE 21 


SPORTS 




iiU s 


Se; 




v.. 

'f 


* Playing in Ice Belt Tests 
Pitchers — and Batters 


The New ‘Mr. October 9 

Grissom Shines With .441 Series 5 Average 


\ 

Si 


tty Buster Obey 

New Yort Tunes Service 


l >r,. 


.v 


— A wall of frigid 

ida Marlms when they boarded 
P 18 ®® 1 Portly after midnight 
, ar f* e y trying to prepare us 

^°^^ eve an ^^ a Pkyer said. 

The remark was made only in half- 
jest Sunday night, for the weather con- 
ditions over the neat three days, for 


"to . 


World S 


salts 





r^l. 


*•' r * *Pi T 

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it 




Games 3. 4 and 5 of the World Series 

to * ***»■ suited for 
bobsledding than baseball. 

Forecasters expect nighttime temper- 
atures to drop into the low 30s Fahren- 
heit (0 centigrade), accompanied by 
gusts of wind. For Game 3 onTuesday 
night, a cold rain was also anticipated. 

The potential for the weather to have 
an impact on the World Series has in- 
creased since an extra round of playoffs 
was added in 1 995. If the forecasted are 
right and the games are played in brutal 
cold, the conditions will be a factor, 
even if Florida’s manager, Jim Leyland, 
is trying to play down the chilling im- 
plications. 

“I’m not going to make a big deal 

about that, ’’Ley land said. “It ’scold — 

so what? They know it’s cold, I know 
it’s cold, the other dugout knows it’s 
cold. It's no big deal; it’s part of the 
game this time of year.'* 

Bin severe cold will affect the way the 
game is played, according to Brad Aus- 
mus, the catcher for the Houston Astros, 
and Mike Flanagan, the Cy Young 
Award winner for Baltimore in 1979 
who now works as a pitching consultant 
and broadcaster for the Orioles. Both 


grew np inNew Eqglaod; bothimember 
playing games in spite of snow Annies. 

Flanagan concurred with the assess- 
ment of A! Leiter, Florida’s Game 3 
starter, that cold can make it very dif- 
ficult to grip a ball enough to spin a 
curveball or slider. 

The ball, Leiter said, begins to feel 
“like a cnebalL” 

Fla n a ga n, however,- believes that 
pitchers, who will be allowed to blow on 
their hands in extreme cold, enjoy a 
tremendous advantage throwing in cold 
weather. 

Hitters. Flanagan explained. h»t« to 
bat in cold weather, fearing they will hit 
a ball off the end of the bat or on the 
handle, contact that stings die hands. 

“Clearly, hitters are very conscious 
about not gelling jammed.’’ Flanagan 
said. “Their swings are more guided; 
they don’t really cut loose. It’s almost a 
subconscious thing.” 

Ausmus guessed that the starting 
pitchers far both teams would throw in- 
side fastballs early in die games in Clev- 
eland, specifically to hit the handle of the 
bat and sting die hands of the batters. 

“I’d want to rattle their bands early,” 
Ausmus said. “If yon do they 
won’t be looking forward to t he ir next 
at-baL It’s really psychological.” 

The cold, Flanagan believes, reduces 
the distance a batter can drive die balL 
Therefore, the pitcher is more apt to 
challenge a hitter with fastballs rather 
than .try to throw a slider or curve in 
conditions that make it more difficult to 
grip the balL 

At Jacobs field, heaters hang from 
the tops of the dngonts, which should 
remain rather toasty. Nonetheless, Leit- 
er said he intended to retreat to the warm 
clubhouse in between innings to keep 
from getting stiff. 


:;sV 



'• *. 1 



? 




l S' 


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By Claire Smith 

New York Tunes Service 


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Charles Nagy, who is slated to be Cleveland’s starting pitcher in Game 3. 


LEVELAND — Mr. October. 
Marquis Grissom of the Clev- 
eland Indians laughed at the 
thought that he had officially usurped 
the nickname from Reggie Jackson. ' 

“He hit three home runs,” Grissom 
said, referring to Jackson’s crowning 
moment in the World Series, when he 
hit three against the Dodgers in the 1977 
Series finale. 

Yes. Jackson has those home rum. He 
also has about 12 more personalities 
than the quiet Grissom. WhaL Jackson 
does not have is the acknowledgment as 
die most proficient hitter in baseball's 
Fall Classic. 

Joe DiMaggio, Babe Ruth, Yogi 
Berra, Stan Musial, Ted Williams — 
they don’t have it, either. But Marquis 
Grissom, thanks to a .441 World Series 
balling average (26 for 59), is the leader 
among players with at least 50 at-bats. 

With five hits in the first two games in 
this World Series, Grissom has not only 
bolstered the average to that rarefied 
height but has also reconfirmed his place 
as one of the best postseason hiners. 

More impressive, Grissom now has a 
14-game hitting streak in the World 
Series dating from 1995. matching 
Roberto Clemente of the Pinsburgh Pir- 
ates — seven games each in 1960 and 
1971 — for the second-longest hitting 
streak in World Series history. They are 
three behind Hank Bauer of the Yankees 
in 1956 to 1958. 

“I’m so into the game I’m not wor- 
ried about no record,” the always mod- 
est Grissom said. “I'm not worried 
about nothing but winning right now.” 

Still, the streak is there, impressive 
and alive. Grissom extended it Sunday 
night with a fifth-inning single against 


the usually exquisite Kevin Brown in 
the Indians’ 6-1 victory over the Marlins 
in Miami, which evened the series at one 
game each. 

Grissom was 3 for 4 before the night 
was done, and has five hits as the World 
Series heads into the third game. His 
.714 average in this series, his two runs 
scored and his sheer ability to agitate 
opponents once October rolls around 
illustrate why he, and the .playoff- 
seasoned David Justice, were high on 
the Indians’ wish list last spring. 

“Our objective was to get *to the 
postseason, and we were adding a big 
postseason player.” Geveiand r s gen- 
eral manager, John Han, said in ex- 
plaining the rationale for the March 25 
trade with the Atlanta Braves in which 
he exchanged center fielder Kenny 
Lofton for Grissom and Justice. 

“Also, the situation there was that 
Kenny wasn't going to sign and was just 
going to go out on the market So we 
wanted a center fielder, and we got one 
of the best in the National League and 
one of the best in baseball from the 
defensive standpoint,” Han said. 

Why Grissom has that ability seems a 
mystery to a player who, unlike Jackson, 
-is' not comfortable singing his own 
praises. Grissom, who coukl never mouth 
the claim of being the straw that stirs any 
team's drink, as Jackson once did, didn’t 
even hazard a guess about his high output 
two games into this World Series. 

“I have no idea,” he said Sunday 
night. “1 was just trying to go out and 
give our team a chance. You don’t come 
into a World Series trying to do any- 
thing but win, and that's all I'm trying to 
do.” 

Grissom, who entered this October 
with a .345 postseason average, is where 
he wants to be. The Indians are happy he 
is. 


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For Giants, Youth Will Be Served 

Team Relies on 6 First-Year Starters to Lead the NFC East 


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New York Times Service 




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E AST RUTHERFORD, New Jer- 
sey — When the 1997 season 
dawned, the New York Giants’ 
status as the youngest team in the Na- 
tional Football League hardly seemed a 
strength. In pro football’s rough-and- 
tumble world, youth is a code word for 
mistake-prone. 

But somebody forgot to tell the ju- 
venile Giants, in first place in the Na- 
tional Football Conference East with a 
5-3 record, that they are supposed to be 
taking baby steps. 

With six first-year starters, five on 
offense, the marie of these Giants has 
been daring play and bold production 
under pressure. Youth has served the 
• team well. Apparently, the rookies and 
first-year starters don’t know enough to 
be afraid with the game on (be line. 

From the interception by the rookie 
Sam Games that sealed the season- 
opening victory over the Philadelphia 
Eagles to Danny Kane 11’ s confident 
i pass up the sideline that won Sunday’s 
* game against the Detroit Lions, it is the 
untested Giants who continue to make 
an impact at pivotal times. 

! The 1 997 Giants were expected to be 
in the running for the league's first draft 
pick, not first place. But that’s because 


no one knew how at ease die team’s new 
blood would be in times of tension. 

Consider that Ksnell . making just his 
second NFL start, entered the huddle 
before the third play of overtime Sunday 
with a broad grin on his face. “He told 
everybody that tins play was going for a 
touchdown,” said Chris Calloway, who 
caught the pass from Kanefl that became 
the game-winning, 68-yard score in die 
26-20 victory. “He said it like he could 
see the future. I believed him." 

From the beginning of training camp, 
coach Jim Fassel has tried to infuse the 
Giants with enthusiasm. He worried 
about the scars of two consecutive los- 
ing seasons and about the residue of the 
autocratic regime of Dan Reeves, an era 
when die coaches talked, the players 
listened and the rookies sat 

Fassel wanted new faces because, in 
his assessment, the Giants did not have 
enough players who enjoyed playing 
and who wanted to express themselves 
with their {day. 

“I want guys who go out there ready 
to rock and roll,” he said. 

“The guys that we have kept around 
here all bring a certain fearlessness to 
the game,” Fassel said Monday. “And 
it’s catching on throughout foe team. 
That’s what I wanted.’ 

So Fassel started Games at strong 
safety, even if it meant cutting the 12- 


year veteran Maurice Douglass. He 
started other rookies at center, running 
back and wide receiver. When Dave 
Brown went down with an injury, Fassel 
was quick to throw his full support 
behind KanelL 

At left tackle, he stuck with Roman 
Oben, who before this season had ex- 
actly one play from scrimmage in the 
NFL. Oben has since pnt together a 
string of impressive games. 

The rookie Brad Maynard was his 
ter. In Sunday’s game of punts and 
possesrion, Maynard averaged 
45.8 yards on eight punts. In foe final 
minute of the fourth quarter, with the 
game tied, Maynard squelched any 
thoughts the Lions had of a last-ditch 
drive for a field goal by dropping his 

K t on the Lions’ 6-yard line. The 
os let the clock run out rather than try 
to maneuver from that spot on foe field, 
and they never saw foe football again. 

Fassel also reached into foe anon- 
ymous world of die blocking back and 
found fullback Charles Way. In two 
seasons, Reeves asked Way to carry foe 
football 24 times. Under Fassel, Way 
has 56 rushing attempts and 256 yards, 
an average of 4.8 yards a carry. 

“The team has a very good altitude, 
and it believes it can make plays at the 
important times,” Fassel said “It’s 
called confidence.” 


Colts Slip to 0-7 
As Bills Win, 9-6 


The Associated Press 
INDIANAPOLIS — The 
Buffalo Bills didn't need a 
26-point comeback this time. 
In fact, they didn’t even need 
a touchdown to beat the win- 
less Indianap olis Colts. 

Steve Christie’s third 
field goal, a 27-yarder as 
time expired gave the Bills a 

NFl 

9-6 victory on Monday 
night. It was nothing like 
their first meeting a month 
ago. and was only the second 
game in NFL history with- 
out a touchdown or 
turnover. 

■The Bills’ quarterback. 
Todd Collins, completed 
of 20 and 16 yards to 
Early and added a 14- 
yarder to Andre Reed to get 
Buffalo (4-3) to foe Indiana- 
polis 20 with two minutes to 
go. Three runs by Antowain 
Smith took the Bills to foe 7. 
then Collins let the clock run 
down to three seconds before 
calling a timeout 
Christie, who also con- 


nected from 22 and 47 yards, 
then kicked foe game-win- 
ner, leaving the Colts and foe 
Chicago Bears as the only 
winless teams in the NFL. 
The only other game to be 
played without a touchdown 
or a turnover was New Eng- 
land’s 6-3 victory over 
Miami in 1988. 

* ‘It’s hard when you don’t 
put the touchdowns in, but 
we got the points we 
needed,” said Early, who had 
only one catch for 7 yards in 
die first half. “Hey, we’ll 
take it any way we can.” 

The Colts (0-7) got their 
only points- on two field 
goals by Cary Blanchard. 

The last time the Colts 
and Bills played, the Colts 
led 26-0 in foe first half but 
lost by 37-35. 

The Bills found some un- 
likely offense in the first half 
with Eric Moulds, their kick 
returner who had just five 
receptions for 51 yards this 
season. He topped that with 
52 yards on Buffalo's first 
possession. 

After two carries by Thur- 



x/Rracn 


Colts’ linebacker Sammie Burroughs trying fo 
bring down Buffalo’s Eric Moulds after a reception. 


man Thomas, a 12-yard re- 
ception by Moulds took Buf- 
falo to foe Indianapolis 24. 
Five plays later, an 8-yard 
catch to foe 4 set up a 22- 
yard field goal by Christie 
for a 3-0 lead. 

Thomas, who became foe 


10th running back -in NFL 
history with 11,000 career 
yards, left the game late in 
the second" quarter with a 
sore knee after he was hit by 
Quentin Coryatt after a 2- 
yard gain that set up a 47- 
yard field goal by Christie. 


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PAGE 22 


' - 


INTERNATIONAL HERALD TRIBUNE, WEDNESDAY', OCTOBER 22, 1997 


OBSERVER 


Taking a PhD. in TV? 


At Last, the Curtain Rises for Madrid’s Opera 


8 


By Russell Baker 


N EW YORK — Here is a 
vision of Hell grim 


IN vision of Heil grim 
enough to make you swear off 
all seven of the Deadly Sins 
and send burnt offerings 
twice weekly to the Reverend 
Pat Robertson. I refer to the 
new Center for the Study of 
Popular Television being es- 
tablished at Syracuse Uni- 
versity. 

Astonishing though it may 
seem, if The New York Times 
can be believed, college at- 
tendees will now “study tele- 
vision entertainment pro- 
grams with the same care and 
passion as musicologists 
study Mozart and Ellington, 
or professors of English study 
Melville and Pynchon.” 

Thus the Times quotes 
David Rubin, dean of Syra- 
cuse's S. I. Newhouse School 
of Public Communications, 
under whose guidance the 
new center will study popular 
television. 


societies that are the United 
States, there are many who 
still bear the scars of colleges 
that subjected us to French 
irregular - verbs, “Paradise 
Lost" and Mendel’s genet- 
ically tedious Drosophila 
melanogaster. 

In that dark, benighted age 
only the college football team 
was licensed to hang around 
the campus for three and a 
half years without taking 
mental exercise. 

To be sure, there were not 
many antique television 
shows available for study 
then. There was. however, a 
great deal of other popular 
culture ripe for scholarly 
analysis. Toe pulp magazines 
come to mind. 


By Alan Riding 

New frrfc Tunes Service 


M ADRID — Grand opera houses have a 
way of comoetine as much with their 


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coursers mixed wth 'La Boheme’ and other uj 

traditional operas.” _ -9 


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Imagine four years of ap- 
plying yourself' to Dagmar 
arid Milton Berle with the 
same passion other students 
are applying to “Don Gio- 
vanni” and “Moby Dick.” 

Imagine your despair 
when, after two years of 
studying the uses of canned 
laughter in "I Love Lucy.” 
the professor assigns you to 
spend the next two years 
measuring the qualitative dis- 
tinction between the canned 
laughter of “Lucy” and the 
canned laughter of “Rose- 
anne.“ 

If making light of academ- 
ic developments like this 
seems to reveal an illiberal 
spirit locked under calcified 
encrustations of age, you may 
be right. 

In this society, as we now 
call the vast writhing mess of 


A scholarly center devoted 
to such pulp literature as Doc 
Savage and The Shadow 
would have lured many a wan 
English major from the toil of 
trying to remember whether 
Moby Dick was die whale or 
die captain. 

Suppose there bad been de- 
grees offered in the Spicy 

§ ulps — Spicy Detective, 
picy Western, Spicy Christ- 
mas" (all right. I’m kidding 
here), et cetera. This might 
have kept even the football 
players mesmerized long 
enough to stay in school until 
commencement. 

Yes. a little of today’s junk 
may survive into the remote 
future and be cherished as 
glorious reflections of an an- 
tique age when the hospital 
was the metaphor for society 
and murder favorite enter- 
tainment of a people obsessed 
with fear of crime. 

The trouble is, nobody can 


lYLway of competing as much with their 
offstage dramas as they do with their lavish 
productions. Yet few have matched the tor- ( 
hired history of Madrid’s 19th-century op- ‘ 
era bouse, die Teatro Real, which has finally 
been re inaugurated by King Juan Carlos t 
72 years after the last opera was performed 
on its stage. 

The gala opening went off uneventfully, 
no small achievement given (hat the building 
is said to be hannted by the weeping ghosr of 
a singer who failed an audition. The all- 
Spanish program comprising Manuel de 
Falla’s ballet “El Sombrero de Tres Picos" 

(“The Three-Cornered Hat”) and his one- 
hour opera “La Vida Breve’’ was received 
politely. A giant chandelier, duty restored 
after it crashed in to the unfinished auditorium 
two years ago, stayed in its proper place. 

Indeed, lor a few hours, it was as if die 
clock had been turned back a century. ‘ ‘The 
luxurious decoration of the room, with 
warm red and gilded tone,' shone with 

light,” a witness wrote of a night at the .... - _ = . , _ 

opera here in 1897. “In the boxes, white *p 1mv, ”" it 

shoulders and bosoms, splendid dresses. After 72 years, opera has returned to the renovated Teatro Real in Madrid, 
jewels, muslin shawls. Diamonds shone, , 

fans waved, bald pates shone like marble.” It is much of the Then, after the 1924-25 season ended, deep cracks in the i a< 
intervening period that people are eager to forget. building resulting from an unstable foundation forced its last we 


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* ‘After 3f£ time and so many problems, I have to admit closure, and the theater* s long odyssey began. It slid into ruin 

T *1 t .1 j «1 rr n » 1 m J ffia Cnnnith Puril 


that people are eager to forget. 


that I never thought I would sing in the Teatro Real,” said 
Placido Domingo, who appeared there Saturday in the world 
premiere of another Spanish opera, “Divinas PaJabras” by 
Anton Garcia AbriL 

Yet if a $140 million investment has at last given Madrid 
a 1,750-seat opera house equipped with good acoustics, 
modem stage machinery and stunning rehearsal rooms, the 
Teatro Real has far to go before it can claim a place alongside 
La ScaJa of Milan, the Paris Opera or the Metropolitan Opera 
of New York. For the moment, it is a building, but it has no 
permanent orchestra, chorus or ballet corps. 


and was used as a munitions dump during the Spanish Civil 
War. Only in 1966 was it reopened on orders of Francisco 
Franco, but as a concert hall. 

Finally, in 1988, Spain’s Socialist government decided to 
rescue the Teatro Real, hoping that k would reopen in 1992. 
But soon after restoration began in 1991. the architect 
carrying it out, Jose Manuel Gonzalez de ValcarceL, died of 
a heart attack while showing journalists around the site. 


But politics soon interceded. After 14 yea^ > 
in power, the Socialists ' were nptoccd in V /. 

May 1996 elections by the conservative Pbpuiaj 
Party. One of file first actions of the new culture : ' - 

minister, Esperanza Aguirre, and her deputy,'. 
Miguel Angel Cortes, was to dismiss Salgafe- ' 
although they ratified Lissner in bis post . .. 

Ussner’s idea was to reopen the theater with.' - 
a new production of “Parsifal,* ’ with Donun. • i 
ao in the title role. But Cortes objected, m*- J 
only because five houre of Wagner ittighf . ■> 

„ irritate King Juan Carlos (who. .unlike - jHU 
|j Sofia, is no opera fan), but also because hefajg ? 
a national occasion should be accompawedbyl 
Spanish music. So Lissner delayed the.opEnJ. 'i j 
ing of “Parsifal” by one week and scheduled;- ‘ i|l 1 
“La Vida Brave" for the inaugural night , ■ 

But more serious problems also arose, Us&- " . . 

ner wanted to build a new orchestra but was 1 ' 

told to take the Symphonic Orchestra of Mi*: '1 i‘ 
rii he insisted on auditions but was toidthk-r - 
was not possible. And what he called a dre*E; . * 
fill chorus was imposed on him. . —ik 
No less disturbing, Lissner said,- was. da.: " -T 
constant pressure to program Spanish cook 
posers and use Spanish conductors whom fet, $0" 
considered inadequate. - - % • ■'.*£ u • i-r 

fadrid. Finally, in February this yeazv Ussheig ; 

resigned in disgust. - -.-if.-v. 

“I don’t lament his departure,” Cones said in an interview 
last week. He added: “But the season’s program has not' 
changed much. The only thing is we start with a Spanish 
opera, with the National Orchestra of Spain and with a : - 
Spanish conductor, singers and chorus.” V 

Named to replace Salgado was Jose Cambreleng Roca,* . 
former musicians’ agent, who in turn chose Luis Antonio: 

Garcia Navarro, an experienced Spanish conductarrto belhe; ;- 
theater’s music and artistic director Their firs ( moves were; 
to cancel the new productions of “Parsifal,” “Cosi Fin; ■ 


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Put differently, the opera house reopened before its profile rooms. By early 1 996, with the project close to completion, 
had been defined. Ana more ominously, (here is disagree- its final cost had grown to four times die original estimate. 


meat ova what that should be: Tfie theater's managers Yet if most construction problems had been resolved, the 


harbor ambitions to earn it international recognition, while political soap opera was only beginning. In January 1996, the 


guess which piece it will be. 
These tilings are not settled in 


the Culture Ministry would have it promote Spanish singers 
and composers and draw local audiences with “safe” Verdis 
and Puccinis. So offstage dramas here may oot yet be over 
Domingo was hardly alone in doubting whether the Teacro 

n _x * „i j c..— 


lean attack while showing journalists around the site. Tutte 1 ’ and "L’EUsir d’Amore to add a rented production 
The new architect, Francisco Rodriguez Partearroyo, came 1 of ''Marriage of Figaro. ’ . • 

S i with a more radical design, skillfully excavating beneath For the future, Cambreleng seems eager to have m- 
e stage to create storage and adding a floor for rehearsal temational stars. Garcia Navarro. however, adds that every 
rung By early 1 996, with the project close to completion, serious opera house should have its own orchestra, chores 
final cost had grown to four times the original estimate, and ballet. , , 

Yet if most construction problems had been resolved, the But for Cortes, these aspirations translate into a. bigger ' 
lidcal soap opera was only be ginnin g. In January 1996, the budget and more bureaucracy. It would be wrong to impose _ 
veroxnent named Elena Salgado, a political appointee in rigid structures on a new institution, he said. 

; Communications Ministry, to be the theater’s manager. So the Teatro Real has finally opened, its reconstruction 
i artistic director, she selected Stephane Lissner, a 44-year- widely applauded but its direction far from clear. It must alsq_ 


government named Elena Salgatio, a political appointee in 
the Communications Ministry, to be the theater’s manager. 
As artistic director, she selected Stephane Lissner, a 44-year- 


These things are not settled in 
our own brief lifetimes. Until 
the ages have spoken, they 
remain junk. 

New York Times Service 


Real’s red velvet curtain would ever rise again. Even the first one of the most innovative opera houses in Paris. 


old Frenchman who bad turned the Theatre du Chatelet into contend with an audience of voluble Spanish operagoers teas 

«- ... . ■ - r>_ _■ I fLnn miifilihrnf U/h^f fKAv 


time around, it took 32 years of construction before the 
neoclassical building was inaugurated by Queen Isabel n in 
1850 with Donizetti’s “La Favorita.” In the decades that 
followed, it built a solid reputation for excellence. 


■ ‘ ‘I began with the idea of building an opera house that would 
reach an international level in three or four years, ’ ’ Lissner said 
in a recent interview. He added, 1 wanted works by known 
and less known composers, by Berg, Janacek and 20th-century 


interested in the nationality than the quality of what they see - , 
After the inauguration, there was more praise for the build- ' 
ing than for file all-Spanish program. “If they wanted.. 
something Spanish,” one bejeweled guest grumbled, “why 
didn't they do ‘Carmen’?" .. . - i 


MUSIC EX MACHINA 


PEOPLE 


Luciano Berio: The View From Above the Fashion School 


T WENTY years after “Saturday Night 
Fever*" introduced John Travolta to the 


By Paul Griffiths 

New York Times Ser\ ier 


F LORENCE — Centro Tempo 
Reale, Luciano Berio's center for 





research, production and training in 
new music technology, occupies the 
top floor of the Villa Strozzi, on the 
west side of the city, the lower stories 
being tenanted by a fashion institute. 
Walking up the stairs, in a building 
without elevators, Berio pointed out 
how the steps to the second and third 
floors are low, to improve access by 
ladies and cardinals in long robes 
from a period considerably before the 
lime of the fashion school, whereas 
the final flight to Berio’s' own 
premises is steeper. Tempo Reale — 
Real Time in Italian — is perched in 
ihe servants' quarters. 

Nobody would want to haul loo 
much electronic equipment up there, 
and indeed the place is sparsely fur- 
nished and sparsely staffed — cer- 
tainly by comparison with its pro- 
totype. the bisritut de Recherche et 
Coordination Acousiique/Musique, 
the center for electronic music es- 
tablished by Pierre Boulez in the 
1970s in Paris, where Berio was pan 
of the original team. Just half a dozen 

K le work at Tempo Reale reg- 
y, and though other projects have 
been achieved, the studio’s main con- 
cern for the last several years has been 
with a text from the Bible, one of the 
visions of Ezekiel: 

"l looked, and there were four 
wheels beside the cherubim. When 
they moved, they moved in any of the 
four direct ions without veering as 
they moved. Their entire bodies . . . 
were full of eyes all around." 

Ezekiel's vision of giant, many- 
eved wheels, sliding through space in 
the company of angels, was pan of the 
stimulus for Berio's “Ofanim” tthe 
Hebrew word meaning wheels or 
modes), a big work for voices, in- 
struments and electronics. Now Berio 
has taken it to Carnegie Hail, three 
days before his birthday Friday , for its 
American premiere. 


Berio, 71, is no stranger to 
the United States and no 
stranger to electronic music. In 
1952, when he was first m New 
York, he attended a concert of 
electronic music, and soon after 
his return to Italy he helped 
establish a studio for tape music 
at the radio station in Milan. 

Two decades later, when 
Boulez was hoping to create a 
new European center for elec- 
tronic music in Paris, he called 
on Berio to join him. 

The Paris experience seems, 
however, to have been frus- 
trating. Berio soon withdrew 
the one piece he had created 
there, and left. But he had 
formed a close working rela- 
tionship with the chief tech- 
nologist. Giuseppe di Giugno, 
whom he had brought to Paris 
in the first place. 

When, in the late 1980s, 

Berio began to assemble a 
group for Tempo Reale, di Gi- 
ugno was at the top of his list 

For Berio and his team, the 
challenge throughout the last 

decade has been how to realize Kubuhuh arar^Bwi^mmj 

sounds that would spin and Luciano Berio takes on a musical challenge, 
move through space like 

Ezekiel's wheels. Tne possibilities of he worked on a machine that would do 


created his own outfit, pro- 
ducing cheaper descendants 


computer-generated music were no- 
tionally unlimited, but in the early 
1970s it might take a day for a com- 
puter to come up with a second of 
complex music, and early synthes- 
izers, which worked in real time, 
could not deliver more than 10 sounds 
at once. Berio’s request, when he 
brought di Giugno to Paris in 1975, 
was for one that could produce a thou- 
sand. 

The first result was his 4A ma- 
chine, which at least got as far as 256 
voices, and which Boulez used in his 
Paris institute's initial major project, 
“Repons," for electrified percussion 
soloists and orchestra. After that, it 
seemed to di Giugno that each com- 


of the 4X. These provide die 
hardware for Tempo Reale 
and for “Ofanim.” 

Berio's composition was 
sparked, he said, by a visit to 
the Tower of David in Jeru- 
salem, which gave him “the 
vision of a complex, huge ar- 
chitecture, with many layers 
and corridors." These layers 
and corridors are partly in the 
substance of the music, in its 
electronic elaborations of an 
ensemble of children’s voices, 
instrumental groups and, at 
the end, a lone woman singing 
from the Song of Songs. 

But there are also layers 
and corridors of time being 
evoked here. 

For his soloist, Berio 
-wanted a voice "that stayed 
away from the noble stereo- 
types of our tradition," and so 
he wrote the part for Esti Ken- 
an Ofri, whose usual reper- 
tory consists of Arab and 
Bedouin music. In “Ofanim” 
Frununuri yuprSnrifi'amiru she represents the universal 
no Berio takes on a musical challenge. mother, and Ezekiel’s text is 

• transformed, Berio said, “to 
he worked on a machine that would do make it more directly related to the 
almost eveiything imaginable in the present situation.” Wnat results is the 


X Fever’" introduced John Travolta to the 
world, the hit film is being made into a stage 
musical. The Australian singer-dancer Adam 
Garcia will don the famous white suit and 
medallion to play the disco faeartfhrob-Tony 
Manero when the musical opens in London 
□ext May. Garda said that to follow in Tra- 
volta’s footsteps was “daunting, as he created 
one of the most memorable roles in cinema 
history.” The Bee Gees, who had a string of 
No. 1 hits from the film soundtrack that has 
sold 50 million copies, have written two new 
songs far the stage version. Barry Gibb, one 
of the three brothers, who make up the band, 
said he felt the tuning was right for the new 
version. “The culture we are in today is look- 
ing back ar the ’70s and saying it is fun.” 


V ' 







’opei.hi/n 



tfP& 


70 

^ 4§ip 
■I M 


Frank Sinatra considered asking Marilyn 
Monroe to marry him weeks before she died 
“in an effort to save her from herself,” ac- 
cording to a new book by J. Randall Tara- 
borrelli. “Sinatra: The Man Behind the 
Myth.” The book, which is being serialized in 
the Daily Mail, said the two began an affair in 
1954. The weekend before Monroe died in 
1962, according to the book, Sinatra told a 
friend he tried to encourage her to start life 
again, bur she said: “Why bother? I'm not 
going to be here too much longer.” 


* -a/. . ' 


Tbr .VaiKjDtnl Pirn 

WHAT S THAT AGAIN? — The act-,v 
ress Lily Tomlin at a fund-raising^ 
luncheon in Boston for Rosie’s Place, a 
shelter for poor and homeless women. 


ing to the spokeswoman, who declined to give 
details of the letter. 


uteiit'iirinx 


way of generating, transforming and 
projecting sounds: the 4X. 

This was put into production in 
1983, but at a cost of more than 
SI 00,000 it found few customers 
among musicians. 

Di Giugno says that “commercial 
music has invented nothing.” that all 
the technical developments have 
come out of art music. But his 4X, 
capable of 200 million operations a 
second, sold best to people working in 
an entirely different area: defense. So 
a machine devised for music found 
itself simulating the behavior of fight- 
er planes and submarines. 

Meanwhile, di Giugno went on to 


image of a mother taken away from 
her land. 

That image is carrying Berio and 
Tempo Reale directly into their next 
project: an opera for the 1999 
Salzburg Festival, to be performed in' 
the old riding school, with its arcades 
cut into the rock face. 

"R,” to give the work its provi- 
sional title, was recently place! in 
doubt by the withdrawal of Italian 
government support for Tempo Reale. 
Berio said the legacy of the Berlusconi 
era was a “total crisis in Italian cul- 
ture.” But the Monte dei Paschi bank 


A Diana memorial album by some of the 
biggest names in music will go on sale in 
Britain on Dec. 1 to raise money for the. 
Princess of Wales’s favorite charities. The 
lineup of stars will include Paul McCartney, 
George Michael, Eric Clapton, Sting, An- 
nie Lennox and Peter Gabriel. Some are 
recording new tributes to Diana, who died 
Aug. 31 after a car crash in Paris, while others 
have donated existing tracks or re-recorded 
their hits. An idea of the British entrepreneur 
Richard Branson, the album is expected to 
raise millions of dollars for the Diana, Prin- 
cess of Wales, Memorial Fund. 


Maria Maples said she didn't read her lll|l ( *'1 3 \ \ 4 * 
prenuptial agreement with Donald Tramp be- mi Ilf 

fore signing it in 1 993. “I felt it was sealing our * p 
fate,' ' she told die Daily News. Had she rrad it, Uai\. » 1 J i * 
she said, she “probably would not have gotten .1X1 1|{\ 
married.” Maples said she only read the doc- * 
ument after the couple split in May. 


The first foray into directing by the British n' 
actor AJan Rickman. “The Winter Guest,” ■ 


was awarded the Chicago International Film 
Festival ’s grand prize. Set in a Scottish coastal 
town, the film stars Emma Thompson and 
her real-life mother, Pbyllida Law. 


The Duchess of York denied a report in 
The Sun that she had appealed to Queen 
Elizabeth for forgiveness for her past mis- 
demeanors. A spokeswoman for the former 
Sarah Ferguson said the duchess was 
“slightly bemused'’ by the report, and “did 
not actually write to the queen.” The duchess 
had only written to Prince Charles, accord- 


stepped in last month, just in time to 
make sure that the Carnegie Hall con- 


poser, maybe each work, was going to work for an Italian electronics com- cert will not be Tempo Reale's last 


require a particular sound system. So pany. Bontempi Farfisa, for which he endeavor but rather one more step. 


The great granddaughter of Henry Ford is' 
claiming S l billion through Greek courts from 


the massive wealth of her late father, the ship- 
ping tycoon Stavros Niarchos. Niarchos, who 
did not include Helen Ford in his trill, was 
married to her mother, Charlotte Ford, for 
only a few weeks in 1965 before divorcing. 


Every country has its own AT&T Access Number which 



makes calling home or to other countries really easy. 
Just dial the AT&T Access Number for the country you’re 


[ { -ae 


calling from and you’ll get the dearest connections 









V A6 

■$ 

• .-vvv res:*,-,.' 



home. And be sure to charge your calls on your AT&T 
Calling Card. It'll help you avoid outrageous phone 
chaiges on your hotel bill and save you beauooup de francs 
(up to 60%*). Check the list for AT&T Access Numbens. 


calling worldwide 


1. Just dial tte.TOT toes Number 
fortheasguiv m are aning 


AT&T Access NHmbeift 
■ 7 7 EUROPE 

Antrtaao Q22-SB3-911 

Befelnm* M-W-U 

fra«B D-8M-M-W11 If- 

Germany 0130-0910 4 , ‘ 

Gra«e» „00-800-1«1 f., 

Irelandra 1-80B-55HN 

Haty* 172-1811 . v. ■ 

Hatoertands* 88«MBa*91ri ' • 

. 75W8C . 

Sflald 90049-ttPII - , 

swjim-- 

Swi&artawj* OMfi-tt-Offll 

United Ktafliem* 85064Htt1 1 •' 


3. Dial die calling csnl number liued 
cbote pourname. 


Ml DOLE EAST 

EWJrt*(Calra)» 

hrael 177*1064727 ^ 

Saadi Andlso 1-800-10 . 'I L 


AFRICA 

Haw.. 7 trial 

Strain Africa MOMKHrtZS 


in the springtime. 


DfcWSeritt. or vtef, our u bapMwwwMLom^f^ 


Bottfiarieuunn»i^a^^ 

BjR^iwc3iic^4»llShTin^«n««i»t^am.«PuMKphi»wytei!«y>M<ieDin'*piswanl«itiiIW>e OMingml^B>seapuiJo«iMa,»ih ^wi. 

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