Skip to main content

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

See other formats


y\i*> WEDNESDAY, SEPTEMBER 24, 1997 


PAGE 3' 



ir^-.^u ^en w? Ih u! >r 

'/led 7 f!;!' ,h *cr The World’s Dally Newspaper 

’ ! «kh bS? Undi 

.V — ^5 * %s «mialK ,„ 

tS^eaS?: 

■"' Dri.fe'i 7 J J*3ri 


Hera lb 


INTERNATIONAL 



Sri bu 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


R 


London, Thursday, September 18, 1997 




and 


■ ; ^^!.v hc ndr ^- : 
c ** I 

,k Jr,d *di. : 
save ]> ! 

J : j,l| iard I 

a,,J ^hkhi 
' J fOon ^ i 


•'h. 

Iftc 


"■Jai 


? >r; 


’^■Cal. 1 
■ 2, >ne. y ei ! 
au c . 


-f CVeni 

rav- 
"tell i <JOk 
toaflij 

■arping 


i I 


10 
■ -Ht 


>ms fo r 
_ A SS Fh.i| 

*” ,:Ir >- or 

o.ii- for , 
' j\ •sndchat- 
'n iruih, 

• : -^aua»y 
•' rersun. 

; : 'J ’-n my 
1 a 
• : t a.-n-:. ar«l 
1 "• i read; 
:: •■■' I m ion 
■■■"■is and 

an 

-■ "'.U-jOT- 


# 



i,.; »..mrd> actor. 

... r. ... AorJ 

: jT». F'li'W®^ 

• -•• -• .. J. 

• •tspj-n? 


■ ■■ _7_I- _ ! 


. I 


I 


i 




%* 


Britain and Euro: 
Not ‘If but ‘When’ 

5 Years After 'Black Wednesday, 5 
Mood of Acceptance Takes Hold 


By Toro Buerkle 

International Herald Tribune 


LONDON — It was a day -no ooe In Britain will forget. 
Fighting massive speculation in the financial markets, the 
government jacked up interest rates by 50 percent in a des- 
perate bid to defend the pound, only to let the nation's currency 
crash hours iarer. 

Five years ago this week, Black Wednesday was the seminal 
event of Britain’s recent political history. Sterling’s collapse 
put a humiliating seal on the country’s deepest recession since 
the 1930s. began the inexorable demise of Prime Minister John 
Major’s Conservative government and inflicted lasting dam- 
age to Britain's relations with its European Union partners. 

But now, the question of British participation in the euro has 
become the honest dehafe in town. And it is a sign of the sea- 
change in politics here since the landslide victory of Tony 
Blair’s Labour government in May, as well as the growing 
belief in the likelihood of European monetary union, that the 
question is as much one of when, as of whether, to join. 

Growing numbers of business leaders have come out in 
recent weeks in favor of eventual U JC. membership in mon- 
etary union, which they believe will guarantee unfettered 
access to European markets and eliminate the hefty interest- 
rate premium that British companies pay compared to their 
Continental competitors. The British Chamber of Commerce 
last week urged the government to plot a strategy for entry in 
2002, when euro notes and coins are due to come into 
circulation across Europe. 

*‘A decision on whether or not we’re going in, and when, is 
required as soon as possible to enable business to prepare,” 
said Ian Peters, the chamber’s deputy director general. 

Among bankers and brokers in the City, London’s financial 
district, the additional skepticism about economic and mon- 
etary union is being replaced by a growing acceptance of, or 
resignation toward, its likelihood. The decision last weekend 
by EU finance ministers to move up the announcement of the 
Method for fixing bilateral exchange rates to next May, eight 
months before the actual start of monetary union, has 
strengthened the conviction that the euro will be launched by a 
- large group of countries, making it more difficult for Britain to 
remain outside. 

• Expectations of British entry have helped bring the pound 
down from a summer peak above 3.00 Deutsche marks, with 
many analysts expecting ii to head toward a sustainable. long- 
-term range of 2.50 to 2.60 marks. The pound was quoted at 
dosing Wednesday at 2.834 marks. 

‘ There are some big bets being placed that we are going in 
in the first wave.” said Michael Hughes, chief economist at 
;BZW. Securities. Although Mr. Hughes believes the gov- 
ernment will opt for a later entry around 2002, he said investors 
*’ correctly read the political tone as being pro-EMU.'* 

Mr. Blair, in his campaign, remained noncommittal on 
monetary union, vowing only to defend Britain's best in- 
terests. But the government is now presumed to be in favor of 
joining. Just as important is its tremendous authority. 

7 Mr. Blair has enjoyed almost universal praise for steering 
Jhe monarchy and the nation through its grieving for Diana. 
Princess of Wales, and for winning an overwhelming victory 
for. the creation of a Scottish Parliament. 

■ .With polls showing his approval raring at better than three to 
one, many analysts believe Mr. Blair could swing a skeptical 
public behind monetary union. 

See EMU, Page 10 


Wales Is Ambivalent 
On Referendum Eve 

Many Are Undecided on Home Role Vote 

By Dan Balz 

Washington Post Service 


CARDIFF. Wales — If Scotland spoke with a roar in last 
week’s referendum to create a new Parliament, Wales is 
approaching Thursday’s home rule vote with a whisper. 

The referendum to create a Welsh assembly represents the 
next step in Prime Minister Tony Blair's agenda of con- 
stitutional reforms. But the campaign here has been over- 
shadowed first by the death of Diana and then by die ref- 
erendum in Scotland. 

On the eve of the vote, proponents were predicting victory, 
but public opinion polls showed almost a third of voters in 
Wales undecided, and judging from the campaign, even more 
may be unenthusiastic. The most recent public polk showed a 
s mall advantage for the proponents of the assembly, but 
nothing like the strong support the voters of Scotland were 
expressing in the run-up to their referendum. 

Scotland voted by 3 to 1 to create a Parliament, and Labour 
Parry officials in the Blair government had hoped that would 
provide fresh momentum to the campaign in Wales. That does 
not appear to have happened, although lhat vote may help tip 
the outcome in the final stage of the campaign. 

A Labour Party slogan unveiled last week — “Don’t Let 
Wales Get Left Behind” — did little to ignite enthusiasm 
initially, but supporters said they saw signs of growing interest. 
“It’s getting better every day,” said one after an afternoon of 
canvassing. “If we had another week, we'd be certain.” 

See WALES, Page 10 




Land-Mine Foes 
Outlast Clinton 

U.S. Ends Drive to Dilute Pact , 
But Says It Is Unable to Sign 


By Charles Trueheart 

Washington Post Sen-ice 


. . 1 FtWk* Pwwc 

President Bill Clinton announcing his objectives Wednesday for tightening the 
tobacco industry accord. He proposed a $1.50 rise in the cost of a pack of cigarettes. 

President Seeks Big Increase 
In Cost of Pack of Cigarettes 

He Offers Proposals ‘Building on’ Tobacco Settlement 


By Brian Knowlton 

International Herald Tribune 


WASHINGTON — Saying he was “build- 
ing on” the S368.5 billion agreement to sharply 
restrict tobacco industry practices. President 
Bill Clinton announced objectives on Wednes- 
day thai he said he hoped Congress would back, 
including increasing the cost of a pack of 
cigarettes by S1.50. 

The goals were welcomed by some critics of 
the tobacco industry, who said the settlement 
was too soft on cigarette makers. 

But the proposals appeared certain to delay 
congressional action and might even derail the 
agreement, which initially was hailed by the 
White House as historic. 

Mr. Clinton said that a final settlement must 
not reduce the authority of the Food and 
Drug Administration to regulate tobacco 
products, must include curbs on ad- 
vertising aimed at children, must require the 
industry to expand anti-smoking educational 
campaigns and must provide for expanded 


research into the health effects of smoking. 

“We have moved from confrontation and 
denial and inertia to the brink of action on 
behalf of our children.” Mr. Clinton said at a 
White House news conference. 

“We're building on the agreement, we’re 
not tearing it down, and I think we can get 
legislation that will reflect that.” 


A Philip Morris executive quits. Page 13. 

His suggested a SI. 50 a pack price increase to 
be phased in over 10 years — far above the 62- 
cent increase envisioned in the current agree- 
ment. A package of cigarettes in Washington, 
D.C.. currently costs about $2.50. 

Overall, about 45 milLion Americans 
smoke. 

The president’s proposal would cost the in- 
dustry roughly twice the $368.5 billion agreed 
to in June, analysts said. 

See SMOKE, Page 10 


The Dollar 


New Yorit Wednesday 8 4 P.M. pratnom close 
DM 1.7724 1.7693 


AGENDA 


Pound 


1.6013 


1.5956 


Yen 


120.90 


121.225 


5.9435 



-9.48 


7886.44 


S&P 500 


7895.92 


change Wednesday 9 4 PJ 4 . previous dose 


-2.65 


942.99 


945.64 


Books — Page 4. 

Crossword Page 11. 

Opinion — Pages 8-9. 

Sports _ Pages 18-19. 


Dispute Over Western Sahara 
Moves Toward Referendum 

Moroccan officials and rebels in Western Sahara 
have agreed on a three-point plan to pave the way for 
a settlement of the decades-old dispute over the 
northwest African territory, a United Nations me- 
diator announced. 

The mediator. James Baker, the former U.S. 
secretary of state, said the plan laid the groundwork 
for a referendum to give voters a choice between 
independence or integration with Morocco. 

The two sides agreed on a proposed code of 
conduct for an election, a declaration that would 
give authority ro the United Nations during a tran- 
sition period and principles governing the process of 
identifying eligible voters. Page 6. 


OSLO — The United States aban- 
doned its efforts to dilute an interna- 
tional treaty to ban the use of anti- 
personnel land mines on Wednesday, 
removing the lone obstacle to the agree- 
ment’s adoption by about 100 countries 
on Thursday. 

The move all but guaranteed that the 
land-mine prohibition will go into effect 
without the signature of the United 
States, which sought unsuccessfully to 
write into the treaty exemptions for the 
use of anti-personnel mines on the 
Korean Peninsula. 

Washington also initially proposed 
that the overall ban not become ef- 
fective for nine years and that a country 
could withdraw from the treaty in time 
of war. 

Other major mine-deploying countries 
that were either observers or nonpar- 
ticipants in the three-week conference in 
Oslo are China, Russia, India. Paldstan. 
Iran and Iraq. None of them is expected to 
sign the treaty in Ottawa in December. 

Human-rights and other humanitari- 
an organizations that lobbied for the 
treaty were jubilant at the outcome of 
the grueling negotiating process, which 
was initially dismissed as quixotic and 
unrealistic. Support for the treaty 
gathered momentum this year from the 
well-publicized sponsorship of Diana, 
Princess of Wales, before her death the 
day before the conference opened. 

“Humanity still has the power to 
move nations,” said Louise Doswald- 
Beck of the International Committee of 
the Red Cross, a leader of the land-mine 
campaign. “This is a wonderful day for 
international humanitarian law.” 

[In Washington, President Bill Clinton 
announced that the United States would 
not sign the treaty. Reuters reported. 

[“Unfortunately as it is now drafted I 
cannot in good conscience add Amer- 
ica’s name to that treaty,” Mr. Clinton 
said. 

[Mr. Clinton said he felt that the 
Korean Peninsula exemption was nec- 
essary to protect U.S. military personnel 
and that putting them in increased 
danger was “a line that 1 simply cannot 
cross.” 

[Trying to soften the blow, Mr. Clin- 
ton said he was directing the Defense 
Department to develop alternatives to 
land mines. He pledged to help efforts to 
clear minefields in eight new countries, 
including Chad. Zimbabwe and Leb- 
anon. He also proposed an increase in 
U.S. funding for such operations by 25 
percent, beginning next year.] 

The ban campaigners seemed more 
relieved t hat the United States had not 
been able to inject loopholes into the 
text than they were dismayed that 
Washington would not set a moral ex- 
ample to holdout countries by becoming 
a party to the treaty. 

“I’m pleased the United States had 
the grace to withdraw,” said Jody Wil- 
liams, head of the umbrella Interna- 
tional Campaign to Ban Land Mines. 

See MINES, Page 10 



Intel Trashes an Axiom of the Computer Age 

New Chip Portends Another Level of Frenzy in Machine Building and Buying 


By John Markoff 

Aten York Tunes Service 


SAN FRANCISCO — The world is no 
longer flaL Earth is no longer at the center of 
the solar system. And Moore’s Law. a long- 
standing axiom of the computer age, is no 
longer true. 

For three decades. Moore’s Law has 
provided some semblance of forecasting cer- 
tainty abour the fiendish rate at which com- 
puter chips — and thus computers — be- 
come obsolete. The engineering and 
manufacturing cycle took roughly 18 
months, according to the law. which gave 
little breathing room for people to design, 
build, buy and outgrow a computer, but at 


least gave consumers, corporate customers 
and computer makers a rule of thumb for 
planning purposes. 

But on Wednesday, Intel Corp. announced 
a technology breakthrough that throws 
Moore’s Law out the window. 

Apple and Steve Jobs revive an old 
romance. Page 13. 

Instead of simply doubling the amount of 
memory on a chip and thus increasing its 
speed and efficiency at the historic pace of 
every 1 8 months, the new technology could 
in some cases bring such improvements 
every nine months or faster. 


The development, altering the basic phys- 
ics of chip design in a way that engineers and 
computer scientists once thought impossible, 
portends a new level of frenzy in computer 
building and buying. But it also promises 
coming generations of chips with greater 
memory — and as with Moore's Law, con- 
tinually falling costs. 

[Intel said that one version of the new chip 
would be available in the first quarter of next 
year and another by the second quarter, 
Bloomberg Business News reported from 
Santa Clara, California. The company also 
said that a 64-megabit version of the chip in 
quantities of 10,000 would cost $29.90 each. 

See INTEL, Page 10 


lliJjEf Dri r, /The AjkukiIFiw. 

A Ukrainian crewman being 
aided Wednesday in Sarajevo. 


Bosnia Crash 
Kills German 
Diplomat and 
11 Colleagues 

Ompth-J hy Our Sep Fnm C‘i\/iu i tin. 

PROKOSKO, Bosnia- Herzego- 
vina — A UN helicopter crashed 
Wednesday into a fog-shrouded 
mountain in central Bosnia, killing 
a senior German diplomat and ll 
others working to translate the ac- 
cord that ended Bosnia's three-and- 
a-half-year war into a lasting 
peace. 

The German envoy. Gerd Wag- 
ner. was a deputy to the top peace 
mediator. Carlo's Westendoip of 
Spain. Also killed were five Amer- 
icans. four Germans, a Briton and a 
Pole, said Foreign Minister Klaus 
Kinkel in Bonn. The victims were 
not identified pending notification 
of next of kin. 

Four Ukrainian crew members 
of the UN helicopter survived the 
crash, two of them with light in- 
juries. Mr. Kinkel confirmed. 

The United Slates said the heli- 
copter crash appeared to have been 
an accident. “We have no reason to 
believe the crash was anything oth- 
er than an accident,” a State De- 
partment spokesman. James Rubin, 
said. 

Mr. Wagner. 55. was responsible 
for easing the return of refugees to 
their prewar homes — one of the 
make-or-break elements of the 
U.S.-brokered Dayton peace ac- 
cord. 

In place only since June. Mr. 
Wagner also helped smooth the 
contentious relations between the 
Muslims and Croats who are sup- 
posed to cooperate in governing the 
half of Bosnia they control. Bos- 
nian Serbs control the other half. 

Mr. Wagner and his delegation, 
including staff members from Mr. 
Westendorp’s office as well as UN 
staff believed to be police monitors, 
were en route to meetings in Bugo- 
jno, 95 kilometers northwest of Sa- 

See BOSNIA, Page 10 


The 1HT on-line www.iht.com 


r The Intermarket 


Page*. 


A Lons Way From Vietnam, Marine Deserter, Now 48, Is Seized 

_ «• ... - i h 4 _ o rn « — - £..11 ■ i_ n* - .a. ....mi *• 


By Tony Perry 

Las Angeles Times Service 


Newsstand Prices 


Bahrain 1.000 BD 

Pypfus- C £ 1.00 

senmarit 14.00 OKr 

[Wand 12.00 FM 

wra&ar. £ o.B5 

Sreat Britain ....£ 0.90 

fflypt £E 5.50- 

P*an -1.250 JD 

jsnya ■— ..K. $H. 160 
fcnwaH 700 Fits 


Malta. 55 c 

Nigeria ...125,00 Naira 

Oman 1.250 OR 

Qatar 10.00 OR 

Rep. Ireland.. .IR £ 1.00 
Saud Arabia ..-10 SR j 
S. Africa .—Rl 2 + VAT 

UAE 10-00 Dh 1 

U.S. Mi, (Eur.> ...$ 1201 
Zimbabwe Zrn.S30.00 [ 


d 




CAMP PENDLETON. California — When a 
1 9-year-old private from Ohio named Randy Can- 
dill deserted from the Marine Corps and fled to 
Canada, it was 1968 and America was beset by 
an°er in the streets, political assassinations and 
bitter divisions over the war in Vietnam. 

The year began with the Tet offensive and the 
aerial bombing of Hanot A spreading anti-war 
movement drove President Lyndon Johnson to 
drop hopes for re-election. 

The war is long over, America has sent an 
ambassador to Hanoi and an anti-war protester is in 
the While House. But some accounts, it seems, 
from those days still must be reckoned 

Almost three decades after he fled, Rand> Cau- 
dill spends his days under a kind of house arrest at 


the sprawling Camp Pendleton, awaiting punish- 
ment, a relic from an era of turmoil and tragedy in 
U.S. history. 

Mr. Caudill was arrested a week ago ai the state 
of Washington border as he attempted to return to 
Canada after an outing to visit his daughter. A 
routine Immigration and Naturalization Service 
computer check found a warrant for desertion from 
the Marine Corps. 

He offered no resistance. Now 48 and suffering 
from severe arthritis, Mr. Caudill spent two days in 
a prison ceil in Washington before he was flown 
under guard to San Diego and then brought to 
Camp Pendleton. 

“ He is just a quiet, small man who in 1 968 made 
a decision,” said Daniel Lecce. Mr. Caudill’s 
military attorney. “He is not a political person. He 
is very shy, a good and decent man who raised a 
family and created a life for himself. 1 * 


Mr. Caudill has come full circle. He was sta- 
tioned at Camp Pendleton as a radio operator in 
early 1 968 when his unit was given orders to go to 
Vietnam. 

He spent a week in Ohio with his family. And 
then. -Idee a number of others of his generation, 
some in uniform, some not, he chose to flee to 
Canada. 

“We’re all very worried about him,” said his 
wife Twylla, a Canadian citizen and teacher who 
sponsored him for landed-immigrant status in 
Canada. “We love him. Why can’t they just leave 
him alone after all these years?” 

At a news conference Wednesday outside the 
main gate. Marine Corps officials said they were 
considering what charges to press against Mr. 
Caudill. The most likely charge is desertion, which 
carries a maximum penalty of five years in prison. 
A decision could come within days. 


“The Marine Corps lakes this very seriously,” 
said a base spokesman. Captain Scott Lopez. Still, 
because Vietnam was not a declared war by Con- 
gress. desertion in time of war. which carries a 
death penalty, is not an option, he said. 

But there are indications that the military is not 
eager to revisit the divisiveness of Vietnam. 

Captain Lopez and Captain Joe Lisiecki. a legal 
affairs officer, were at pains to emphasize that Mr. 
Caudill was not in the brig and that he was not 
considered somebody who might flee. He was 
given a physical and prescribed medication for his 
severe arthritis, they said. 

“He's being treated with dignity and being 
treated fairly, as any Marine would.” Captain 
Lisiecki said. 

In a similar case last year of a Vieinum-era 
See DESERTER, Page 10 








IRS 

** J- 


hi 


s 


« 

L 


t 




It 


cc 


ct 

hr 


m 

ra 

ia 

of 

br 

k 

la 


w 

SC 

le 

& 


w 

hr 

er 

aJ 

to 


sc 

Cf 

is 

fl 

rc 


ai 

a 

u 

si 

C.' 

tl- 

Ii 

n 

zr 

b 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER IB, 1997 

PAGE TWO 




The ‘Big Dig/ Is Everybody Happy? 


Boston Road Project 
In a League of Its Own 


By Blaine Harden 

Washington Post Senice 


B OSTON — Artists could not abide the 
dust and noise. So the caring builders of 
the “Big Dig,” an $1 1 billion project to 
gouge an eight-lane highway under 
downtown Boston, bought soundproof windows 
and a new air conditioning system for painters 
and sculptors who live near the construction site. 
Cost $1.4 million. 

Fish in Boston harbor were vulnerable to 
underwater blasting at the Ted Williams Tunnel, 
a part of the Big Dig. So the considerate builders 
of America’s largest and most expensive public 
works project devised a “fish startling” system 
that spooked fish away before each blast Cost 
about $1 million. 

The Boston Fire Department wanted a new 


fire boat, hardly the optimum fire- preyen Don 
apparatus for a tunnel. Bt " 


_ ut the thoughtful build- 
ers of the Big Dig bought it anyhow. Cost: 
$230,000. 

James Kerasiotes, chairman of the Massachu- 
setts Turnpike Authority and the official re- 
fer Big Dig spending defends the 


sponsible 


keep-them-happy policy this way: “If you say 
no, the fire chief is 


r going to say, ‘I’m not going to 

let you run cars through that tunnel. ’ Well, guess 
what? If the fire chief doesn’t let you run cars 
through that tunnel, you don’t have a project.’’ 

The Big Dig is pioneering what its bosses 
describe as a completely new approach to re- 
building America's crumbling infrastructure. It 
is a costly melange of engineering, traffic man- 
agement, eco- sensitivity, social work and ward- 
heeling that may well become standard oper- 
ating procedure across the United States, where 
roads and bridges need hundreds of billions of 
dollars worth of repairs. 

Builders here are spending staggering sums 
— well over $1 billion a mile for 7.5 miles, most 
of it from federal taxpayers — to dig a gar- 
gantuan trench under a bustling city. About a 


quarter of that money is being used to anesthetize 
the 


locals from the pain of a filth-generating, 
nerve-shattering construction site that began 
fouling up Boston at the beginning of the decade 
and will not be completed until after 2004. 

“The old way of doing this business was 
engineers showed up and people just got out of 
the way.” said Peter Zuk. the project director. 
4 ‘We just can’t do that anymore, especially in big 
cities like Boston. We are working on a massive 
scale here, but we have to manage on a small 
scale. We have to respond to the person who calls 
in the middle of the night and says construction is 
disturbing his sleep.” 

Mr. Zuk and the project’s other managers love 


to point out that when Boston’s old 
elevated road (which the under- 
ground highway will replace) was 
being buut in the 1950s, about 
20,000 dwellings were razed and 
people were forced to relocate. 
This time around, they say, no one 
-will be forced from home. When 
the project is finished, engineers 
say, Boston will have a hidden su- 
perhighway, better traffic flow and 
a handsome park where the ugly 
old road used to be. 

The massive cost and bravura 
engineering of the Big Dig is re- 
miniscent of the great federal proj- 
ects that President Franklin D. 
Roosevelt initiated to pull the 
country out of the Depression. 
Then, however, engineers were al- 
lowed to call all the shots and such 
issues as worker safety and en- 
vironmental consequences woe, at 
best, second thoughts. 

A notorious example of that era 
was the construction in Washing- 
ton state of the Grand Coulee Dam. 
Federal engineers assumed dictat- 


orial control of a project that per- 


manently blocked off the world's 
largest salmon highway, ruined the 
lives of many American Indians 
and killed more than 70 workers. 


HE Boston project, owing 
to a labyrinth of environ- 
mental laws, safety regu- 
lations and political considerations, 
must step far more delicately. Officials are 
spending $60 million just for the police to keep 
the work site safe, an investment that is paying 
unexpected dividends: So far, there have been no 
work-related deaths, and managers say the proj- 
ect stands to save $600 million in insurance 
costs. 

“We have made a conscious decision as a 
society that we now want to have certain quality- 
of-life controls on construction of infrastructure 
in this country, and that comes at a price.” said 
Mr. Zuk. who makes no apologies for spending a 
quarter of the project's money mollifying vari- 
ous interest groups. “This is what we have ahead 
of us across the country as we rebuild our 
cities." 

The Boston dig is one of about 40 interstate 
highway and bridge projects that will cost more 
than $1 billion each. In the Washington area, 
rebuilding the Woodrow Wilson Bridge will cost 
about $1.56 billion. In Philadelphia, a new in- 



Construction of die Z5 
mile underground 
highway began foaling up 
Boston at the beginning of 
the decade and will not be 
completed until after 
2004. At right, a stretdi 
along Atlantic Avenue. 


under control and that no uncaring 
cowboy in a damp truck dares violate 


the project rule that you never use 
■after 


youtT back-up beeper after 11 P.M. . 

Flyers, posters and murals are giv- 
en free to merchants near the work site 

to help them hold on to their cus- 
tomers and to allow than to cam- 
ouflage their businesses from un- 
sightly piles of construction junk. In 
4 ‘war room" sessions, traffic special- 
ists, media consultants, construction 


torM Rtin/Tbr B ohm cm* 


rerstate exchange will cost $2.1 billion. New 
York needs a staggering $75 billion in new 
infrastructure, according ro ihe city's Regional 
Plan Association. 

Tbe political and environmental complexities 
of rebuilding worn-out roads and bridges will 
demand that ever more money be spenr on the 
non-nuts-and-bolts items thar are soaking up 
nearly a quarter of the Big Dig’s billions. 

With niceness, then, as an integral part of its 
mission, the project brings a curious arsenal of 
equipment and strategies to the task of highway 
building. Besides the gee- whiz statistics of a vast 
construction project, — enough steel reinforcing 
bars to encircle the globe, enough displaced dirt 
to fill baseball's Fenway Park 14 times, enough 
concrete to pour a sidewalk from Boston to San 
Francisco and back, three times — the highway 
dig employs all manner of people and devices to 
prevent Bostonians from losing their peace of 
mind: All night, every night, a senior manager 
drives around Bosionto make sure that noise is 


front of a half-dozen television mon- 
itors to study Boston's chronically 
terrible traffic and figure out how to 
continue digging without making it 
worse. 

Much of this “imtigalion,” as the 
mollifying measures are officially 
termed, seems to be working. 

Predictions that the dig would sink 
Boston’s economy are proving 
wrong. Rush-hour traffic moves no 
worse — and perhaps a bit better — 
than the snail’s pace chat prevailed 
before the digging began. Construc- 
tion dust, the pounding of jackham- 
mers and endlessly shifting traffic 
patterns ha ve not hindered the Boston 
boom. 

Unemployment of just 3.8 percent, 
along with soaring office rents, low 
vacancy rates and six years of solid 
growth, gives Boston one of the hot- 
test economies is the Northeast 

“What we are attempting to do — and what I 
think we are succeeding at doing — is perform 
open-heart surgery on a patient who is con- 
tinuing to work and play tennis,” Mr. Zuk 
said. 

Not everyone, of course, is so enchanted. 

Boston Magazine has ran a series of articles 
deriding the project as a deep-pockets Santa 
Claus, handing out favors to everyone shrewd 
enough to threaten a lawsuit. The phenomenal 
escalation in the project’s cost, from an estimate 
of S2.56 billion in 1985 to last month’s estimate of 
SI 1.6 billion by die General Accounting Office, 
has provoked criticism here and in Washington. 

The major cause for local upset is that the 
federal government, which has been shouldering 
up to 85 percent of the cost, may soon cut its 
financing, under pressure from Southern and 
Western lawmakers in Congress. That could - 
leave Massachusetts with a dizzyingly high bill 
to pay. 



Paris Police 



Fiat Linked to 
Diana’s Crash; 




By Anne Swardson 

WoshingM Pan Service . . 


a 


me . 


PARIS — The French police ari& 
searching for a blue Flat Uno that 
have played a role in causing the autoy 
crash that killed Diana, Princess T5W 
Wales, and two others.- police source? j 
said Wednesday. { 

Investigators searching the tunnel in jal 
which the Mercedes S-280 crashed at Mi 
high speed early Aug. 31 found shards 7 



1W - 

».V 


of a taillight of another car more than-a 1 


dozen meters before the spot where the 


Mercedes slammed into a pillar in (he i 


highway tunnel. ‘ j 

The sources emphasized that the oedy 1 

link was the “placement” of the tail- t 
tight-casing pieces, which investigators , 
have determined came from a smaB,<l : 
two-door Hat Uno, near fragments of V 


the Mercedes's headlight more than'h-j 


dozen meters before the point of impact; 
with the pillar. r 1 

Flat stopped making the Unoinl99^, [ 
though the year of tbe car is not known, « . 
the police said. In addition, the right side 1 
of me black Mercedes shows traces of 
blue paint, though it has not yet been \ 
determined whether it was a result of dje 1 
accident or was already on the car. «• 
Witnesses have reported bearing ^ taj 
no and lnnd screech of brakes in rife T 1 






California Senator Begs to Differ on Mexico’s Anti -Drug Effort 


Los Angeles Times 

WASHINGTON — A generally op- 
timistic White House survey of Mex- 
ico’s anti-drug activity has failed to 
convince Senator Dianne Feinstein, per- 
haps the most vocal congressional critic 
on the issue, that the country has be- 
come a fully cooperative partner with 
the United States in stemming the nar- 
cotics trade. 

The California Democrat's wary re- 
action presaged the possibility of an- 
other bruising battle early next year 
when the administration goes through 
the annual process of either certifying 
Mexico as an anti-drug partner or find- 
ing it liable for possible economic and 
diplomatic sanctions. 


“The overall tone of the report," Ms. 
Feinstein said, “is infused with a sense 


of optimism that Mexico has turned the 
comer and is finally on the road to de- 
feating its drug trafficking problem. That 
view strikes me as unduly optimistic.” 

The report, prepared by the office of 
the federal anti-drug czar General Barry 
McCaffrey and released Tuesday, drew 
a more sympathetic response from Sen- 
ator Paul Coverdell, who had joined 
with Ms. Feinstein earlier this year in 
fighting certification of Mexico. Over- 
all, he said, he was "encouraged” by 
the report 

“I believe General McCaffrey rec- 
ognizes that we must begin ro better 
manage our border," die Georgia Re- 


publican said, “and the content of 
today’s briefing suggests that he un- 
derstands the true scope and complexity 
of the drug problem.” 

Genera] McCaffrey was asked at a 
news conference whether he believed 
the report made a good case for cer- 
tification of Mexico next year. 

“We have a serious cooperation ef- 
fort,” he replied. “They are sick of the 
violence, the corruption and the threat to 
their own institutions, and so are we. 


And we are going to work together.” 
Ms. Feinstein. in contrast, said: “1 do 


not believe that Mexico had earned cer- 
tification last March. By the standard of 
this report, I am not at ail sure they have 
earned it for this year. But there are still 


six months to go until the certification 
report is due. That is six months to 
produce results.” 

The report said corruption still 
hampered Mexico's anti-drug efforts. 
But it stressed the positive, praising 
Mexican officials for trying to deal with 
the problem. It predicted that Mexico 
would throw off the shackles of cor- 
ruption as its political system became 
more democratic. 

The report was an outgrowth of the 
certification battle this year. In a com- 
promise, the Senate agreed noi to vote to 
overturn certification after the admin- 
istration promised an update on Mex- 
ico’s anti-drug progress within six 
months. 


Fog Stops Search 
In Namibia Crash 


The Associated Press 
WINDHOEK, Namibia — 
Heavy fog and strong wind cut 
short overnight search efforts for 
bodies and wreckage in the col- 
lision of U.S. and German military 
aircraft over the shark-infested wa- 
ters off Namibia’s Skeleton Coast 
“The search will continue as 
long as necessary,’ ’ said Lieutenant 
Colonel Stony Steenkamp of the 
South African Air Force on 
Wednesday in Windhoek. 

So far, only one body — that of a 
woman — has been found 


long and loud screech of brakes in dfe ; 
tunnel before the thunderous impact v -* 
Although postmortem 1 tests have , 
shown that the driver, Henri PauL wfc J 
impaired by the quantity of alcohol Be 
had consumed, the possibility that a car ) 
in front of the Mercedes caused Mr. Pad] ™ 
to brake suddenly has not been ruled j 
oul * ‘ 

The road going down into the tamaH ; 
shifts to the left just before the entrance, j 
so a car traveling slowly inside woulp ' 
not be seen by a fast-moving car behind • 
until the last second. -I 

In addition, a feeder road comes into * 
the tunnel from the right; cars that had <: 
come in from that direction would not ! 
have much time to build up speed. ; > 
Anotherpossibility, raised frequently : 
by spokesmen for the Ritz, the hotel for ! 
which Mr Paul worked, and by spokes- ; 
men for its owner, Mohamed al Fayed, ' 
is (hat a vehicle belonging to one or tbe ,*• 
photographers following Diana that; 
night blocked the Mercedes, either id- . 
tentionally or unintentionally. - ~ ' 
The man who may be able/to tell i 
exactly what happened that night is get- 
ting ready ro talk. Trevor Rees Jones -r- ; 

. the bodyguard of Diana 's friendDahal.: 
Fayed, who was also’ kitted iiT the a<> 
cident — ^ was in the front passenger sea 
and has been hospitalized with serious 
injuries, particularly ro his face. 

This week Mr. Rees Jones regained 
consciousness and on Wednesday 
sources said he would speak Friday with 
tire two French magistrates investigat- 
ing tie accident 

“Trevor/ * his parents, Jill and Ernie, 
said in a statement * ‘can now sit oat of 
bed for a few hours a day and has taken 
his first steps.” 

They said their 29-year-old son was 
* ‘expected to make a complete recovery 
in time.” 

There have been some reports in the 
French press that Mr. Rees Jones, a 
burly former paratrooper, could not re- 
member the events or that evening, but 
the reports have not been confirmed 


Short 


forts*:--- - - 

Sm. -• ■ ’■ • ; 
mfe *-•- • * 
A fe:-- • 



Are You Prepared ? 

1997 & 1998 Will Generate 
Major Currency Moves. 

These moves will directly affect the value of 
your Portfolio. Prepare yourself to take 
advantage of these moves by calling today. 


SUPERIOR Selection or Managed Accounts 

OUTSTANDING Globa/ Currency Analysis 
EXCEPTIONAL Execution Forex or Futures 
MINIMUMS $10,000 to S5.000.000 (USD) 

COMMISSION 2-5 FX Spreads Futures S12-S38 


For My Complimentary Services Guide, Latest Research Reports, 
Opinions and Performance Records Call <24 hours) Toll-Free. 


Australia 1800125344 
Colombia 0(0120837 
France 0800902240 
Hang Kang 800967209 
Japan 0031126609 
Mexico 
Portugal 


Belgium OBO015SBD 
Denmark 80016132 
Greece 0800119213013 
Israel 1771000102 

Korea 0038110243 

958008784178 \ciherten 060 220 6 57 
050112832 Singapore 8001202501 


Spain 900931007 Sweden 
ThmOanJ 001800119216813 IS I 


0207 931 58 
8009945757 


Brazil 00081192155131 
Finland 080011100641 
Germany 0130829566 
Italy 187875928 
Luxembourg 08004552 
iV. Zealand 0800441880 
S-i/rka 0800996337 
SwinnimJ 0800897233 
VK 0800966632 


US-Toll Voice Line +714^576^020 US-To(l Fax Lino +714-376-802S 


Living in the U.S.? 

Now printed in New York 
for same day 
delivery in key cities. 

To subscribe, call 

1 - 800-882 2884 

HcralbS^Sribunc 


■ in * %e i n * imi vm m buhi.i 


, THE TTORUTS DXIUf MbWSftVPER 


TRAVEL UPDATE 


WEATHER 


U.S. Lifts Curb on Jamaica Airlines 


KINGSTON, Jamaica lAP) — The U.S. government has 
lifted restrictions on Jamaican airlines flying ro the United 
States, citing improvements in Jamaica's ability to ensure air 
safety. 

Tire ruling from Federal Aviation Administration put Ja- 
maica's Civil Aviation Authority in Category i. the highest 
level in the ranking system, Jamaica's government an- 
nounced. 

'Hie agency restricted Jamaican passenger service inside the 
United States more than two years ago. 


Offshore 

Companies, Trusts 

Tax Planning 


EXAMPLE INCORPORATION FEES 


ISLE 


OFFSHORE TRUSTS - BANKS 
INSURANCE COMPANIES 

For immediate samce contact 


INTERNATIONAL COMPANY 


SERVICES ) IRELAND! LTD 
77k Offihcrr Pmfeyrianals 

IDS lower Bagoot Street. 
Bette Z Inland. 

Tel: + 353 1 6G1 8490 
Fax: + 353 1 GG 1 8493 
E-MaE: iri@icsLaKn 


http:// wmv.lCSL.com 


A New Nonstop, 
Paris to L.A. 


FORT WORTH. Texas 
(AFP) — American Airlines 
announced Wednesday that it 
would run a daily nonstop 
flight [inking Paris and Los 
Angeles beginning in March 
1998, pending official French 
approval. The company, 
which plans to use Boring 
767-300 planes, said no Amer- 
ican carrier had offered non- 
stop Paris-Los Angeles ser- 
vice since September 1994 . 


Tourist arrivals in Sri 
Lanka are expected to grow. 
30 percent, to 390.000. in 
1997 because of the percep- 
tion that the security threat 
from the nation ’s civil war has 
diminished, a tourism in- 
dustry official said. ( Ratters i 


Europe 


Today 

Tomorrow 


High 

LowW 

FUgli 

LowW 


C7F 

cir 

C/F 

C/F 

AIJWvc 

seen 

1»B4pg 

27(80 

(8*4 pc 


19*6 

IQTWt 

14(67 

SMBpc 

AnfcjM 

22/71 

7-4 A pc 

24/7S 

Bf43«n 

Alntns 

2271 

157S9 pc 

26773 

17762 pc 

Barcelona 

2373 

17452 pc 

2S777 

17/02 pc 

Befcjrad « 

28-7S 

127S9* 

25777 

ia«pe 


iML: 

8748 c 

13755 

6-43 pc 

Snawnfc 

22(7 1 

12/SJ pc 

mis? 11/62 pc 


24(73 

14757 pe 

73-79 

0(46 pc 

Oownha-j^i 

137SS 

4' J J r 

W40 

4738 1 

Ojuo LR4 So 

27.-80 

18(64 pc 

28784 

19*6 pc 

Di*in 

15*9 

13/55 r 

18-64 

137S5 pc 

E**ikb1i 

l»SS 

6-43 PJ 

16*1 

0M8s 

Hwancv 

28-83 

i4(E7i 

27/80 

15-S9pc 



awe pc 

rass 

307 pc 


2WT7 

12-53 5 

22771 

1K52 pc 

HulAUtfa 

I2S3 

3797 an 

8(48 

2735 pc 

tsuitrul 

24-75 

13(55 pc 

24775 

15(59 pc 

Kiev 

21-70 

12751 pc 

l«6 

4-Mpc 

Lw Palmas 

.4V7ii 

2170 i 

2 MJ 0 22/7 1 pc 

LWvm 

20-79 

17*2 pc 

:-6/73 

10754 pe 

Lend * n 

21-717 

72'Wpc 

7A-« 

1.155 p: 

Madrrt 

PV84 

I4'57 5l. 


1575-3 pc 


27-80 

I&61 PC 

29*84 


IMon 

rp-iie 

1*57 

26/73 


Ifeoi* 

18(64 

10-50 c 

I&55 

J.-97pe 

Munch 

22771 

11752 pc 

197CO 


l*Q9 

* 7D 

18/64 5 

2V79 

ia-54 pc 

Osip 

ii'Sr 

134 c 

3-48 

107 (K 

Parra 

25(77 

1355 pc 

19-66 


Pr^TUC 

29(73 

ii « e 

17-82 


RoyipwiF 

7-44 


15759 




4CJ»C 



Ramu 

26(73 

l&bi a 



SI miarstwg 13'SS 

643, 

TiOA 



11 V 

1 ; J4J* 

t/44 


SU3*ourr] 

26-73 

14/5' pc 

22/71 

tiVSCpc 

Tallinn 

ir.*S3 

4733 3fi 

9/J5 

i/ytpc 

ThfliH 

22.7, 

13/55 C 

2->78 


Venroe 

2W79 

16(61 pc 



Vronnn 

0475 

14/57e 





8'4bc 

1«IS7 


2uncti 

?4-7S 

I3-S5* 

21/70 

ll.S2oc 

Middle East 


Forecast lor Friday through Sunday, as provided by AccuWeathar. 


Asia 



J Unseasonably 
JofcBrtwun Go-d 

North America 

Pleasantly warm in Ihe Much cooler weather will 
Narrheast and Southeast affect Germany and 
Friday through Sunday Poland Friday through 
wth sunshine Very warm Sunday with a couple of 
to hot in Te<as ft will be showers. Cool Friday In 
cool with some showers Scotland, but sunny and 
across ihe northern Plains milder over the weekend, 
and central RocUes. MKOei Warm across southern 
air will return to the Pacific Europe with a mi* of 
Northwest with same sun- daubs and sunshine, but a 
s*™ few showers win affect 

Spain and southern Italy. 


Asia 

Much cooler weather will 
affect Belling Friday 
through Sunday. Warm Fri- 
day in Seoul, but cooler 
frealher will arrive on the 
weekend. Warm and 
humid m Tokyo and Hong 
Kong, with a couple ot 
showers. Sunny and nice 
n Shanghai, but monaoon- 
a! rains will persist over 
southern India. 



Todey 

W 9 h LowW 
OF OF 
2V7B 12(53 pc 
sane 20(60 pc 
51188 23(73 r 
Z373 13*6 1 
2WK S2R1 ah 
30TB6 23773 pc 

31783 same 

28«2 23773c 
23784 23773th 
31788 33773 c 
377B0 23773 pc 
407104 23773 a 
31/88 22771 pc 
M/93 Sams 
3VB8 22771 r 
29784 Z»T1 c 
307B6 23773 r 
ausr 34775* 
£9794 23773 th 
51/88 23773 t 
29784 2373 C 
23773 117SZ • 
24/75 IB/64 pc 
Sams 21/70 pc 
27780 2QTS8 e 
28782 25777th 
2W84 32/71 r 


Tonxmtnr 
High Loe* 
OF CIF 
2S777 12/53 pc 
31*8 83773 pc 
32789 25777 c 
21770 0M pc 
30186 23773 pc 
31/88 £4/75 pc 
31788 9S7SPC 
29784 24775 pp 
30*6 26/77 c 
31788 25777 pc 
28*2 24775 c 
35*5 IW 
32789 23773 pc 
S3»I 25777 pe 
32*9 24775 pc 
90*6 24/75 pc 
Bt!B8 24775 pc 
94733 23773 *71 
30786 34(75 pe 
32*9 257771! 
3899 207S pc 
22/71 13755 PC 
34/75 18*6 pc 
31788 23773 C 
26*2 23773 C 
29*4 27180 pc 
507 89 23773c 


Kits 




for a 




- 




A' 


Africa 


North America 


Today 

Wgh Cowur 
OF OF 


Burut 

Cat 

Oviuvr. 

•WutaMT' 

Luvoc 

RiyiSi 


:<iQr 24(75 
VfKC, 1 

TT*i l(V64 , 

I2(V| 

2C-?7» 13/ESs 
liino 17,6; 


3*102 -4/75 pc 

2WIB 71/70 pc 

W.-tti 16(64 pc 
3 1,38 IVOSec 
27.90 15*9 pe 
37.1* WrfiC pe 


Andxjmyi 

Album 

Brmnn 

Cttcago 

DaiJS 

Donvor 

Delia* 

Honobu 

Houston 

LBS Angofcrt 

Unr, 


13(56 6143/ 
32*9 20(66 pc 
25777 16*1 pc 
28*2 17/62 S 
J5W5 32T7tpc 
27780 <0750 pc 
W73 14*7 5 

2094 227? \ pc 
33*1 22771 pc 
!7*0 19ft6a 
32789 7am pc 


Tomorrow 

Mgh LowW 

C7F C7F 
17/52 674J tf! 

30/86 IBTBApc 
23/73 14/57* 
25777 13755c 
3f/8B I486 pc 
18766 4738 c 
23773 13765 pc 
31(88 SSfTt pc 
31788 21*0 pc 
28782 18 ( 68 pe 
32*8 25777 pc 


Today 

Wgh Low w 

OF C/F 


High 

OF 


ukutopoat 

Mammal 

Nbmou 

New YoiK 

Orfando 

PtlMMc 

San Fran 


Twwto 
Vancouver 
Waan m elon 


ssn e i4*7 an 
23773 11752 a 
32788 23773 pc 
20779 10764 pc 
32/89 22/71 pc 

38/100 23/73 nc 
22/71 12*3a 
raw tWO pc 
24/73 11752a 
17782 ffl*3pc 

29*4 3 7*2 pc 


205* 

23773 

31/88 

24775 

33791 

38/87 

24/76 

1*66 

24775 

1068 

atm 


LowW 

OF 

Wttrt 
14I&7 pe 
24/75 pc 
17782 * 
2373 pc 

22/71 a 
13759 s 
f ITS pC 
14757 pc 
13755 PC 
17*9 a 


„ - - LagwKl: -..-'.winy, pc-&artiv cloudy, c-ctoudy, tfvehowsrs, t-eMvtosfcms, won, stem Hurries. 

JIMO, .1/70 5 »I<B 24/75 pc sn-snow, i-k*. W-WoaOier M praps, fmcMs and DM* p/wto*d by nctvWaaOm, bx. ©1997 



33(91 

IHCl 

30788 

IE-64 pc 

Capo Town 

24776 

13(56 pc 

24775 

13(55 pc 

CatthSmea 


18(64 B 

26778 


HMld 

22771 

11/9BC 

24OT 

11(52 pc 

L&JM 

2 W 82 ssmr 

2#B4 24(75 PC 

Nowihl 


11/BZpc 

26(82 

13756 pc 

Tirts 

29784 

17/62 a 

59794 

18764 PC 

Latin America 

BuanotAiras 

•6781 

11(52 c 

18764 

1355 k 

Caraos 

29784 21/70 pc 

30786 22/71 PC 

Uma 

2W60 

17/62 4h 



M«»taiC1Iy 

2CVG8 

12753 c 


Ftocfobfuto 

27780 22771 pc 

25777 19456 pe 

Santago 

2UW8 

8745 pc 

23773 

10750 |X 

Oceania 

AucMana 

15(59 

0746 r 

1365 

7744 ps 

Sydney 

16761 

6U6c 

18784 

11752 PC 


For investment information 
Kruil THE MONEY REPORT every Saturday in Ihe IHT. 


f 


A two-month trial 
subscription. 
Save up to 60 % 

/ n in .1 . * 1 \ • ♦ 


COUNT JWCURRTNCY 


| r y a special, low cost 2-month trial subscription to the 
-mqhona! Herald Tribune to enjoy delivery to your 


hnm u- ,c,uia inoune ro enjoy aeltvery to your 
c or office every morning AND save up to 60% off 


^ewsstond price. 


AUSTRIA 

BELGIUM /LUXEMB. 
DENMARK 
FINLAND 
I FRANCE 
! GERMANY 
! GREAT eRTTAlN 
• HONG KONC 
[ ITALY 
4 IAPAN 
■MALAYSIA 
, NETHERLANDS 
: NORWAY 
1 SINGAPORE 
: Spain 
; SWEDEN 
SWITZERLAND 
. USA 


Y 

1 2 MONTH5 

NEWSSTAND 

PRICE 

2 MONTH5 

OFFER 

PRICE 

ATS 

1,-156 

650 

EEF 

3,380 

1,350 

OKK 1 

730 ■ 

360 

ElM 

62A 

310 

FF 

520 

210 

DFM : 

182 ; 

72 

e : 

47 1 

22 

hks ; 

676 . 

2S4 

ITL 1 

145.600 1 

58.000 

¥ ! 

26,000 : 

1 2, 1 SO 

CM : 

122 

301 

NLG i 

19 5 , 

78 

NOK 1 

832 ; 

390 

ss 1 

146 I 

82 

ETTAS 

13,700 : 

5,000 

SEK 

882 ; 

350 

CHF 

166 ! 

66 

S 

73 i 

43 


DISCOUNT ' 
OFF 1 
ICOVFR PRICE 


^ Ves. I woidd Ukr- In ilrrrl nraum (L_ I u i ■ _ .1 _ — l ^“ — 1 — — — 


EQft OTHER COUNTIES, PLEA5E CONTACT 


650 55% 

1.3SO 60% 

360 I 54*, 

370 | 50% 

2 io sot. 

72 I 60% 

22 ; 53% 

2S4 ; 37% . 

58.000 ; . 60% 

7 2, 1 50 | 53% ■ 

501 A4% 

78 I 60% 

090 ! 33% 

82 43% . 

5,000 57% 

350 53% 

66 60% 

43 I 45% 

YOUR NEAREST IHT OFFICE ' 


Ves. I mtJd it la sfart rKening it intemafionaf HrroW Tribune 
| Hi My cfierf is enclosed (payable to (be ffflj 


Counhyi. 


I W DitotoCbrd D Eurocord 

I ► or ex U5 end Asian pnee*. crrdil conk wifl ImrWwl .a e .... 

I Cand No 


Heme Tel No-. 


Biomass, Tal No:. 


OTTO, cmdn conh mi be cha«gH .n French Prana m omam rates 
Exp. Data 


E-Mail AcUretSL 


Signature 


Igoflhit wpyef kielHTat: Oluaslc Dhotol □eiHinp Uolher 
O f da noi with to , Bcttra infaniiaHan ham other coreMy Kreened compania 




Mai of fax to: Intentional Hemld Tribune 


j For business orders, indicate your VAT No 1 . 


I Mr/Mrs/Mi Family Name 

) R raName 


(IHT W Number FR7A732021126J 


181 Avs. 
Fcuc 


hb TTfia . 


| Malmg Address- 


7/F ^ 


| Oiy.’Code £-Ma3: suto^r^ovn^ AsIk .subshleKhlhkjcom 


a) 


f n*« Jubscribera ody. 


HA7MJ 


Printed Ai-.\noirr Intent, ;au>.ul hm.hu ft gi-AnJ u\ a newspaper ur ihep,ut uHh,e 





'-.-•.I 





-jench &1 , ii 


y'- Wlt; ^, 
• • -- -y.v-^v't 

" - ..... '.-He. 

_ 

•_- "■it; 


F 
(£ 

‘ ;• ■ 

: 

" .'. = VV ilW& :£, 

. I 

‘.'-v'-'y-ylR 


: ' •• Hr'ji 




■-out 


Hixl 

* ' . '-i.T. rJ ii F.. 

. • *: Dina d 

iidid; 

- . T: io 

i> c 

. • rir;>Jon;:>- 
•.tkjDooi 
•...V.-j a f/ie a. 

it tfrift 



E, WEDNESDAY, SEPTEMBER 24 , 1997 


PAGE 3' 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


PAGES 


THE AMERICAS 


fieno Shakes Up Funding Inquiry 

After Missteps, She Is Replacing Justice and FBI Investigators 

experienced personnel. 

The reshuffling, announced Tuesday. 


. By David Johnston 
ana Stephen Labaton 

Nrm- York Tunes Service 

WASHINGTON — Attorney Gen- 
eral Janet Reno, embarrassed by mis- 
steps and discord in the Justice De- 
partment’s investigation into pres- 
idential campaign financing, will re- 
place the top federal prosecutor and FBI 
agent in charge of the inquiry with more 


is an attempt to get tighter control over 
an investigation dial has created internal 
tension and public accusations that Ms. 
Reno rejected an independent counsel in 
order to protect the White House. 

The latest action is not expected to 
have direct effect on Ms. Reno's de- 
liberations about whether an outside 
prosecutor is necessary to look into ii- 


AMERICAN 


TOPICS 


A Surprise Controversy: 
‘Stork 9 Parking Spaces 

. . More and more shopping malls, 
supermarkets and other businesses 
^are offering special parking spots in 
.prime locations to pregnant women 
and mothers of infants. But the prac- 
tice, much appreciated by most of the 
women, has drawn some surprisingly 
tan criticism. 

; The idea of offering“stork” or 
•‘•stroller'’ parking close to store en- 
trances, usually near parking spots for 
.tire handicapped, has spread rapidly. 
Store owners say they do it oat of 
courtesy or as an added enticement to 
a sizable portion of the shopping pop- 
ulation. 

But a vocal minority of shoppers 
have taken umbrage. The Washington 
Post reports. Some resent the idea of 
treating pregnancy as a disability. 
Others ask why parents with children 
should be favored over, say. tile el- 
derly. In Dade County, Florida, ap- 
parently the first locality in the coun- 
try to mandate the practice, one irate 
man even suggested special parking 
£or golfers who, he said, “need to lug 
heavy golf bags to the clubhouse.” 

And some doctors say pregnant 
women should not be coddled this 
way; they advise their pregnant pa- 
tients to park as far as possible away 
from store entrances, for the sake of 
exercise. 

Short Takes 

. Collisions between airplanes and 
flocks of birds can have fatal effects, 
and not just for tire birds; in the United 
States, these collisions cause $400 
million worth of damage each year. 
At Kennedy International Airport in 


New York, the problem is particularly 
great, because a major bird sanctuary, 
the Jamaica Bay National Wildlife 
Refuge, abuts its runways. Environ- 
mentalists and the U.S. Park Service 
have resisted efforts to move bird 
flocks elsewhere. 

So the airport has turned to the 
4,000-year-old sport of falconry. 
(Other airports around the world have 
experimented with falcons, but 
Kennedy's is the largest program, ac- 
cording to The New York Times.) 
The trained birds, policing the area, 
appear to have been more effective 
than past attempts involving gull- 
shooting marksmen and booming 
propane cannons. Last year, the first 
full test of the falcon police, the num- 
ber of midair collisions involving 
birds fell 61 percent. 

Parents in Southern California 
see no humor in the marketing ap- 
proach of a company that sells candy 
in containers reminiscent of those for 
cocaine, and soda pop under names 
like “D.OA." as in “Dead on Ar- 
rival.’' The company, Skeleteens, 
sells a white, powdery candy called 
Crave, which it packages in surplus 
medical test tubes, like “crack” co- 
caine vials, bearing labels like White 
Lie and Cloud Nine. 

“When I saw it, I was shocked,” 
said Peggy Allred, who noticed the 
candy when her 1 1-year-old grandson 
brought some home. “I just couldn't 
believe they'd be allowed to sell 
something tike this.'* 

The Food and Drug Administra- 
tion. however, says that as long as 
contents are properly labeled, there is 
little that can be done. 

Parents have begun a petition cam- 
paign against the company. A 
Skeleteens executive defended his 
company, calling the parents, “up- 
tight, narrow-minded, self-righteous, 
mentally constipated hypocrites, 
afraid to have fun.” May be time for 
his daily fix of Crave. 


Brian Knowhon 


nan ring during the 1996 

But Justice Deportment officials say 
they hope the new team will provide her 
with a fuller understanding of the fund- 
raising practices of the White House and 
the Democratic Party as she weighs 
whether to ask a court to appoint an 
independent prosecutor — a step that 
some law enforcement officials now 
regard as increasingly likely. 

Ms. Reno chose Charles La Bella, a 
federal prosecutor in San Diego, to head 
the prosecution ream, in effect replacing 
Laura Ingersoll, a relatively unknown 
Justice Department prosecutor. Mr. La 
Bella worked under Rudolph Giuliani, 
now the mayor of New York, when Mr. 
Giuliani was U.S. attorney in Manhat- 
tan. 

In 1990, Mr. La Bella prosecuted 
Imelda Marcos on racketeering charges, 
unsuccessfully, and has been involved 
in corruption cases in California. 

The FBI team will be headed by 
James DeSaroo Jr., who recently dir- 
ected the FBI’s New Orleans office. The 
ranks of lawyers, FBI agents and sup- 
port employees is being enlarged from 
about 90 people to 130. 

The personnel shifts seem unlikely to 
quiet Republican complaints about Ms. 
Reno’s performance. Some members of 
Congress have threatened moves to oust 
her from office for her refusal to appoint 
an independent prosecutor. 

The investigation has grown into a 
multipie-layered inquiry into fund-rais- 
ing activities of dozens of people in 
Washington, on the West Coast and in 
Asia. 

Ms. Reno was surprised two weeks 
ago by news reports disclosing aggres- 
sive fund-raising efforts by high ad- 
ministration officials like Vice Pres- 
ident A1 Gore. The reports included key 
details undiscovered by Justice Depart- 
ment investigators. 

Some of those reports undermined 
Mr. Reno's principal explanation for 
resisting an independent prosecutor. 
Sire had said criminal law did not apply 
to the contributions being solicited by 
officials like Mr. Gore as long as the 
money was spent for general political 
party activities. Bnt the reports showed 
that Mr. Gore had solicited funds that 
wound up going directly to finance the 
Clinton-Gore campaign. 

Ms. Ingersoll reportedly preferred a 
more traditional investigative approach 
in which investigators first examined 
the role of individual contributors be- 
fore moving np the chain to the Demo- 
cratic National Committee and the 
White House. 

By contrast, the FBI officials wanted 
to move quickly into the fund-raising 
activities by top political figures. 



Juhn ILiwWTTtr (jMvulnl hna 


Governor Pete Wilson of California checking M-16 rifles for policemen. 


Away From Politics 

• Defense Secretary William Cohen 

ordered the military services to review 
training-flight safety procedures after 
two Air National Guard fighters col- 
lided off New Jersey. (AP) 

• Hundreds of studems, faculty mem- 
bers and lawmakers gathered in Austin 
to protest remarks by a University of 
Texas law professor who said that 
blacks and His panics were “not aca- 
demically competitive with whites” 
and belonged to “a culture that seems 
not to encourage achievement.” (WP) 

• With a dusting of snow on the peaks 

of the Colorado Rockies heralding the 
return of winter, the air force halted its 
unsuccessful search for four bombs 
carried by an A-10 attack plane whose 
pilot inexplicably broke away from an 
Arizona training mission last spring, 
flew across Colorado and then crashed 
into a mountain face. (WP) 

• The Los Angeles police department 

acquired 600 M-16 rifles to increase 
firepower against heavily armed sus- 
pects such as two armor-clad bank 
robbers who fired assault rifles at the 
police as officers’ bullets bounced off 
them in February. (AP) 


POLITICAL 


Hearing on Financing Abuses 
Canceled as 3 Witnesses Balk 

WASHINGTON — The House committee investigating 
campaign financ e abuses abruptly canceled a hearing 
scheduled this week after three prospective witnesses re- 
fused to testify unless they were granted immunity from 
criminal prosecution. 

Investigators scheduled the bearing after interviewing 
the witnesses during the last month without lawyers 
present, but the witnesses backed out once they obtained 
legal advice. 

The cancellation was an unexpected setback for Rep- 
resentative Dan Burton. Republican of Indiana, who chairs 
die Government Reform and Oversight Committee. House 
Democrats and the White House have repeatedly ques- 
tioned his expertise to lead the investigative panel. 

Mr. Burton did not respond to requests for interviews, 
issuing a short statement that die hearing had been “post- 
poned” and that be and the ranking minority member. 
Representative Henry Waxman, Democrat of California, 
were discussing the possible grants of immunity. 

Mr. Waxman criticized the committee's leadership 
Tuesday. “It's been quite bizarre,'’ he said, adding that 
Republicans “seem to be making one misstep after an- 
other.” (WP) 

House Rejects School Testing 

WASHINGTON — The House has rejected President 
Bill Clinton's plan to give students national tests in reading 
and math, dealing him a significant setback on an initiative 


that has divided educators and state lawmakers across the 
country. 

The vote set up a showdown with the Senate, which 
expressed strong support last week for national testing but 
set new terms for how it should be managed. 

The proposal is one of the top priorities of Mr. Clinton’s 
second term, but its fate depends on how Congress resolves 
its deep differences later this month. 

After several hours of contentious debate on the federal 
government’s role in education, the House voted, 295 to 
125, to support a measure introduced by Representative 
William Goodling, Republican of Pennsylvania, that pro- 
hibits federal money from being spent on the tests. Mr. 
Clinton wants schools to begin using the tests on a vol- 
untary basis in 1999. 

Opposition in the House crossed party lines and led to 
rare political alliances as more than 70 Democrats joined 
Republicans in opposing the tests. 

Many conservative lawmakers denounced the plan as an 
unnecessary federal intrusion into the affairs of local 
schools. Some liberal voices in the House, including the 
Congressional Black Caucus, felt that the tests would 
unfairly stigmatize poor or minority students. (WP ) 


Quote/ Unquote 


President Clinton, saluting the Central Intelligence 
Agency on its 50th anniversary at a ceremony in which 
photographers and television crews were instructed by the 
CIA not to take pictures of the audience of about 3,000 
employees: ‘ ‘By necessity, the American people will never 
know the full story of your courage. You labor in obscurity 
by choice and design, serving with quiet patriotism that 
seeks neither spotlight nor praise. ’ ’ (WP) 


• - \\ eor.i*; 





:» 
1 1 


... 


. *“ 


• . jJU- 

i “ .■ 






If it's good enough 
for a submarine, 


This is the 
Triplock winding 
crown of a Rolex 
Submariner. It screws 
down on the solid 
Oyster case to 
close as securely 
as the hatch of 
a submarine, 
employing three 
separate seals in 



the process. 
The result is a 
watch that is 
watertight to 1,000 
feet. A depth that 
very few divers 
- and, for that 
matter, few 
submarines - 
are ever likely 
to encounter. 


m 

p 

tw 

iy 


it’s good enough 
for a Submariner. 



% 


ROLEX 

of Geneva 


tj~ 


\ 


»v*‘ * je 

ls* v 









Vietnam Party Chooses 
New Leadership Team 

General Is Passed Over for President 


The Associated Press 

HANOI —The Communist Party,^ 
identified Vietnam's new leadership, 
passing over a top general in fa vor “ 


Gunmen Slay 
5 Iran Airmen 

In Pakistan 

ISLAMABAD, Pakistan — Gunmen 
killed five Iranian Air Force technicians 
Wednesday in the northern Pakistani 
city of Rawalpindi, officials said. 

Their Pakistani driver was also killed, 
and a sixth Iranian was wounded but not 
seriously hurt in the attack carried out 
by three gunmen at a major intersection, 
the officials said. 

The motive for the attack was not 
immediately clear, but it may be linked 
to hostilities between militant Shiite and 
Sunni groups in Pakistan. 

The Sunnis accuse neighboring Iran 
of arming and funding mili t an t Shiites 
in Pakistan. Most Iranians are Shiite 
Muslims, while the majority of 
Pakistanis are S unni Muslims. 

Last week, the police arrested Malik 
Ishaq, leader of a militant Sunni Muslim 
group that they alleged was planning to 
a ss?«inatft the Iranian ambassador to 
Pakistan. 

Iran protested the killings on 
Wednesday, and the Pakistani prime 
minister, Mian Nawaz Sharif, promised 
in a condolence message to President 
Mohammed Khatami of Iran that die 
g unm en would be tracked down. 

Officials said the uniformed Iranians 
had been on their way by van from the 
Kamra aeronautical complex, 70 kilo- 
meters (45 miles) west of Rawalpindi, to 
an army air base in the city. 

A bakery owner who witnessed the 
shooting said one of the three assailants, 
who all wore white baggy shirts and 
trousers, repeatedly fired an assault rifle 
in the air to keep people away. 

A second man shot and killed the 
driver before firing at the Iranians. Two 
of diem tried to run but were gunned 
down. 

The Iranian technicians were part of a 
21-member group on a training mission 
sponsored by the Defense Ministry and 
based at a military facility in Wah, about 
30 kilometers west of Islamabad. They 
worked at the Kamra complex, officials 
said. 

In February. Sunni Muslim militants 
attacked the Iranian cultural center in 
Multan, in Punjab Province, killing its 
Iranian director, Mohammed All 
Rahimi, and seven local staff members. 
The police blamed the attack on die 
Lashkar-i-Jhangvi group, an armed off- 
shoot of the fiercely anti-Shiite Sipah-i- 
S ah aba Pakistan organization. 

In January, supporters of Sipah-i- 
Sahaba Pakistan burned die I rani a n cul- 
tural center in Lahore, one day after a 
bomb blast there killed the leader of the 
or ganizati on. Zia-ur-Rahman Faruqi, 
and 22 other people. Followers of the 
organization blamed Shiite militants for 
the bomb attack. ( Reuters , AP) 


relativel 

k^Depiity Prime Minister Phan Van 

Khai, 64, has been chosen tobe die new 

prime minister, while Tran Due Luong. 
60, also a deputy prime minister, will 

become president. . . 

The Communist Party s decision- 
making Central Committee will present 
its selections for the two posts to toe 
National Assembly later this week, a 
party official said Wednesday. „ 

Both posts became vacant earlier this 
year when Prime Minister Vo Van Kiet 
and President Le Due Anh opted not to 
seek re-election in National Assembly 

elections in July. _ 

A senior party official confirmed me 
selections during a telephone interview 
Wednesday. The decisions were 
reached over two days of informal meet- 
ings by the Central Committee, said the 
official, speaking anonymously. 

The leadership change will be ratified 
by the National Assembly when it con- 
venes Saturday — a formalit y that is 
little more than a rubber stamp approval 
by the legislature. 

Although Mr. Khai was widely ex- 
pected to become Vietnam’s new prime 
minis ter. Mr. Luong was a surprise, 
representing a significant concession by 
the country’s military leadership. 

Mr. Luong, from the central Viet- 
namese province of Quang Ngai, is a 
mining engineer who was elected to the 
Politburo last year. 

Traditionally, the presidency has rep- 
resented the interests of the military 
within Vietnam's troika leadership that 
also includes the prime minister and 
C ommunis t Party general secretary. 

General Anh, 76, the outgoing pres- 
ident, was formerly an army general and 
promoted Marxist- Leninist orthodoxy 
during times of tremendous economic 
reform in Vietnam. 

In the run-up to the final decision, a 
prominent military leader. General 
Doan Khue, was widely expected to 
become the new president 

Mr. Khai, like his predecessor, Mr. 
Kiet 74, is from southern Vietnam and 
represents interests in continued eco- 
nomic reform, analysts say. He spent 
five years during the 1960s studying 
economics in the Soviet Union. 

General Anh and Mr. Kiet both 
resigned from the National Assembly 
earlier this year, clearing the way for the 
leadership change. Vietnam’s president 
and prime minister must be selected 
from within National Assembly ranks. 

The leadership change will probably 
not represent any significant shift in 
party or government policy, but it does 
reflect a move toward a younger ad- 
ministration. 

“The change In the leadership has 
taken place in a normal manner,’' Mr. 
Kiet said. “Whoever is elected to die 
top leadership will respect what die 
people have chosen and decided.’’ 

The leadership selections, however, 
took place in secret, away from public 
scrutiny and the direct input of National 
Assembly delegates. 

The 168 Central Committee mem- 
bers will meet with representatives of 
the National Assembly over the next 
few days to unveil the decisions, the 
party official said. 




GMTDilc/Reatas 

NEW ANGLE ON ANGLING — A fisherwoman, encased in a floating 
tube, heading for Lake Pupuke, New Zealand. The inflatable tube is 
qniH to increase maneuverability of fishermen without using a boat 


Allies Urge 
Hashimoto 
To Drop Sato 

■ Reuters 

TOKYO — Two parties in a loose 
alliance with Rime Minister Ryu taro 
Hashimoto’s governing party on 
Wednesday demanded the resignation 
of a new cabinet minister who was con- 
victed of bribery in the 1970s. 

During a meeting with officials of the 
liberal Democratic Party, officials of 
the Social Democratic Party and the 
New Party Sakigake called for the resig- 
nation of Koko Sato. 

Mr. Sato’s appointment to a key cab- 
inet post during a reshuffle last Thurs- 
day was met with widespread public and 
media criticism and has caused Mr. Ha- 
shimoto 's support rating to plunge. 

Mr. Sato, a key player in the 1970s 
Lockheed payoff scandal, became the 
first convicted criminal in modem times 
to win a Japanese cabinet post. In the 
scandal, Mr. Sato, then deputy transport 
minister, was final and given a two-year 
suspended prison sentence for taking 
S8.000 in bribes. 

“Sato’s entry into the new cabinet 
breaks the faith of the three-party al- 
liance,’ ’ the two parties said in a written 
statement - 

The three-party alliance had allowed 
Mr. Has himo to to govern until an op- 
position politician’s defection early this 
month gave the Liberal Democrats an 
outright majority in the lower house of 
Parliament The ruling party still needs 
support in the upper house. 

R uling party officials have toldJMr. 
Hashimoto that the situation was “se- 
rious.” Public support for the new cab- 
inet has been waning since Mr. Sato’s 
appointment to head the Management 
and Coordination Agency, which over- 
sees deregulation and streamlining of the 
bureaucracy, holding the key to major 
reforms important to Mr. Hashimoto. 


Chinese Near Vote on Central Committee 


Agence Frmee-Prase 

BEIJING — The Chinese Communist 
Party finished final preparations 
Wednesday for the election of its policy- 
setting Central Committee. 

At a meeting led by President Jiang 
7jgnm, die presidium of the 15th party 
f wigratfs approved a list of ca n didates for 
the Central Committee as well as the 
central commission for discipline. 

The lists, drawn up during prelim- 
inary elections, were men submitted to 
delegates, who will vote Thursday, just 
before the closing session of the week- 
long congress. 

On Friday morning, the new Central 
Committee will meet to elect the polit- 
boro and its standing committee. 

Because the seven-member standing 
committee is China's major decision- 
making body, any personnel changes 
will be scrutinized by observers seeking 
clues to internal friction or policy shifts 
within the leadership. 

■ Tibet Policy Praised 

China hailed its Tibet policy on 
Wednesday and said that it was open to 
talks — but on Beijing’s terms — with 
the exiled spiritual leader, the Dalai 
Lama, Reuters reported. 

An education campaign aimed at 


monks and nuns, which began after a 
spate of bombings and riots last year, 
has helped to ferret out those seeking to 
split Tibet from the rest of China, ac- 
cording fo Raidi. the head of Tibet’s 
Parliament. 

“In the past the management of 
temples and monasteries was in chaos,’ ’ 
he said at a news conference. 

“Since last year there have been no 
such riots or trouble and the situation is 
very good.” 

Tibet has been rocked by sporadic 
and sometimes violent demonstrations 


agains t Chinese rule. The Tibetan gov- 
ernment last year ordered monks and 
mins to undergo patriotic education and 
outlawed photographs of the Dalai 
I ama J who is revered as a god-king. 

Some monks and nuns found to have 
broken die law or breached discipline 
have been expelled from their mon- 
asteries. Mr. Raidi said. 

He added that China sought only to 
uncover criminal activity, comparing the 
situation to government crackdowns in 
the United States and Japan on religious 
cults that carried out violent acts. 


China Set to Begin 
Yangtze Dam 1 ^ 

BED1NG — China has begatf* 
final preparations to block tWHU 
Yangtze River for construction or* 1 
the giant Three Gorges Dam--*™ 
plans to keep a dose track of ■ 
sible earthquakes in the area, 
media said Wednesday. 

Construction crews wffl n 
two outlets on two cofferdams ^. 
China’s longest river until the ;■ 

is cut off Nov. 8. paving the way fog 
work on the 175-roeter (578- 
hish rfam, the Xinhua press ag 

Jd. (* euteF ' 

Evacuation Alert « 
In Indonesia Town* 

JAKARTA — An Indonesian 
minister .called for the evacuation 
of an east Sumatran town of aro 
45,000 people on Wednesday 
cause smoke haze from fires in 
area had cut visibility to zero. 

Environment Minister Sarwomy 
Kusumaatmadja told a news con- 
ference his ministry’s two digit visr _ 
jbiliiy index had registered zero in 
Rengat, 250 kilometers (150miles) 
southwest of Singapore. (Reuters r 

India (roes Ahead 
With Peace Talks 

NEW DELHI — Prime Minister -5 
Inder Kumar Gujral reaffirmed his^ 
commitment to peace talks with* 
Pakistan on Wednesday and saidhe_ 
was keeping his agenda oprai for a, 
meeting next week with hisj 
P akistani counterpart. 

High-ranking diplomats have 
held two days of bilateral talks, and 
Pakistan’s top negotiator, Foreign* 
Secretary Shamshad Ahmed, met* 
Mr. GujraL ( Reuters f] 

U.S. Holds Meeting;. 
With North Korea ~ 

WASHINGTON — U.S. ancT^ 
North Korean officials have met. in" 
New York ahead of Thursday Vi 
preparatory four-party peace tailed 
• with China and South Korea, the 
State Department said. 

The bilateral meeting was to fo-; : 
cus on bilateral concerns, the' 4 
deputy State Department spokes* 
man, James Foley, said. (Reuters) 


0* 




j^r\- 

. tO'P'.w *' 

PV;,:- 


f. 



BR " 

5% : -‘ 

. 

CCS-* - 



BOOKS 


Sec Friday’s htirmarhet 


for Holidays A TnreL Reridestiat 
Real Estate and Dining OnL 
7b adwliir contact Sarah Vcnlnf 
on 444 171 420 0526 
or fox +44 17J 420 0338 
A GREAT DEAL HAPPENS 
AT THE INTERMARKET 


Announcements 


Hcraih ^^j Eribunft 


SUBSCRIBER CUST0IER SERVICE: 
For que^lons or queries atxiul the de»r- 
eiy of yor nmspaper. Be status of jar 
sifisafton or sbai tatelng a siscrip- 
Uon. please can the totowsig nurberc- 
EUROPE, BOOLE EAST AMD AFRCA: 
TOLL FREE - Austria 0660 B12D B* 
gum 0800 17538 France 0800 437437 
Gammy 0130 340585 Italy 1S7 780040 
Luxentarg 0600 Z703 Netherlands 06 
0225158 Sweden 020 797039 Switzer- 
land 155 5757 UK 0600 B95SE5 Bse- 
where (+33) 1 41438301 THE AMERI- 
CAS: USA (loU-fns) 1-8003822884 
Elsewhere (+1) 212 7523890 ASIA: 

S Kona 2922 1171 Indonesia 809 
Japan (tottreel (M20 464 027 
Korea 3572 0044 Malaysia 221 7055 
Ph&lpplnes 895 4946 Singapore 325 
0834 Taman 7753456 Thailand 277 
4486 Bsewhere (+852) 29221171 


OUR NEXTSPECML HEAOWfi 

REAL ESTATE 

IN & AROUND PARIS 

(Sales and Hartals) 
wS be appealing on 

Friday, September 19th 

For more derate please contact 

OTBHATIONAL HERALD TRBUNE 
PAHS Tet +33 (0)1 41 *3 93 65 
Of FtE +33 (0)1 41 43 83 70 
E-flat vtaytoUHiW 


FEELING low? . 
HELP crisis -H im in 
lijun. Tet Paris 


probtomsl SOS 
list!. 3 p.m - 
23 80 BO 


SACRED HEART OF JESUS 
Thanh you lor answering my prayers 
Aft 


Legal Services 


DIVORCE W 1 DAT. No travel Write: 
Bo 377. Sottasy. HA 01778 USA. Tet 
3784438387. Fmc 97814430183 


Business Opportunities 


OFFSHORE COMPARES. For liw Bro- 
chure a adne Tet Unfen 44 181 741 
1224 Pax 44 181 748 655B/6338 
wnappiaaicaiA 


OFFSHORE BANKS 
COMPANIES & TRUSTS 
MMIGRATIONIPASSPORTS 


Vfll 


Aston 0 

Aston Hoon, 
Tet +44 
Fax +44 


Sendees 

Trustees 

HfloMtafl 


ii 

1 1624 825126 


London 

Tafe +44 T0 171 233 1302 
Fas +44 (0) 171 233 1519 

E Mail: astoneefrierprise.net 

vmwjalonJomAiBo n xoj* 


OFFSHORE COMPANIES 

- 750 READY MADE COS AVAILABLE 

• FULL ADMM 8 ACCOUNTING 

* BANWG AN3 TRADE SSMCES 

• TREPH0NE & MAH FORWARDING 

* CHINA BUSNESS SERVICES 

OCRA WORLDWIDE 

HONGKONG 

2406 Bat* of America Tower 
12 Kacout Road. Certrai, Hong Kong 
Tet +652 25220172 Rax +852 25215399 

PACHNA 

1 905 Shandd Overseas Ciitese Mention 
129 Yen An Road West Sarahs 200040 
Tat +8621 62464355 FaicBtf 62481421 

E-mat 0CRA0QCRAGOMHK 
Web pages WWWnCRXCOM 


OFFSHORE BANK 


with correspondent relationship- 
Class A commercial license. 
Immediate delivery. US $60(000. 

Nassau, Bahamas 
"Ut (348) 384-2080 Ear (242) 394-7082 
Aeons Wanted Wohudwide 


Business Services 


VOW OFHCE H LONDON 
Bond Steel - Mai, Phone, Fax, Telex 
Tat 44 171 290 9000 Rax 171 <99 7517 


Business Travel 


Ist/Btnaw dm Frequent Trarttas 
WotMfe. Up to 50*. oil No capons, 
no resBtdWB. inpen&l Canada Tel: 
1-514-341-7227 Fas I-514-341-79W. 
e-mail address: imperiaieiogw not 

hnpdWnafeghjaAfl|wU 


Capital Available 


PROJECT CAPITAL 
AVALABLE now 
NO LMT 
NO SECURITY 
FAX: +44 (0)171 470 7213 


C0HHERCIAUBUS1NESS FINANCE 
avaBaUB lor any viable projects aorta- 
wide. Fax braf synopsis in Entfish to 
Connate Advances. (+>44-1273621300. 


TELECOMMUNICATIONS 


New Lower 
International 
Rates! 


Germany.... 31 0 
Japan......... 38$ 

France 330 

UK 19C 


• NO Set Up Fees 

• NO Minimums 

• Six-Second Billing 

• AT&T Quality 

• 24-hour Multi-lingual 
Customer Service 

Tha Original 

kallback 

wriera Standards m S«. not Med 

Tel: 1.206.599.1991 
Fax: 1.206.599.1981 
Email: info6kaiiback.com 
www Jcallba ck.com 

417 second Avenue West 
Seattle. WA 90119 USA 


Real Estate 
for Rent 


Paris Area Furnished 


AGENCE CHAMPS ELYSEES 


Funded apartments. 3 norths or more 
a iriumisned. residential area* 


Teh +33 
Fac +83 


42 25 32 25 
45 63 37 09 


AGENCE CHAMPS ELYSEES 

othrK 

AVENUE CHAUPS ELYSEES: SWdto. 

befcorqr, 4th door, Ht FF7.000. 
MONTPARNASSE: 2 moms, parking, 
on gotten: fflMXfl. 3 rooms, 
ehaim. FF7JXXX Ansi's atefier. 
Ruing. 1 bedroom: FF10000. 

Oh, RUE DE RENNES: SwflO. 

Sh floor, FH500. 
UHYBRSTTE: 2 bedrooms, hng, 
on courtyard, beams: FF13.000. 
Tet +33 (0)1 42 25 32 25 
Foe +33 Ml 43 63 37 09 


(4th) HE SAINT LOUS 
VIEW ON SEINE 

2 ap ai bnarts - Veiy hntmoudy furreshed 
• Double Anna 2 bedrooms. 

2 baths. Rett fFXJMO / mcrfli 
- Double living. 1 bedroom, 1 bath + 
show room. Ren. FF20.00Qtaunh. 
T«l: +33 mi 58 58 01 76 


FACING NOTRE DANE - CHARMING 
60 sqm h a I6tfi centuy buttma Re- 
canty restored, equpped. tumsted. 4th 
Root. FF1Z000. Tel +33 {0)60 0963 8419 


MONTPARNASSE. 2 rooms, tauten, 
calm, chanti ng, hea ted. Ml FF5.5Q0. 
Tet +33 (0)1 47073604 lure message 


Switzerland 


THE COMPLETE STORIES 

By Bernard Malamud. Edited and 
introduced by Robert Giroux. 634 pages. 

$35. Farrar, Straus & Giroux. 

Reviewed by Richard Bernstein 

B ernard malamud was one of 
the greats, a chronicler of spiky 
Jewish lives held in harsh suspension by 
the writer’s unillusioned stare. This col- 
lection of the complete Malamud short- 
story opus begins with “Armistice’’ of 
1940, about a grocer and his son in 
Brooklyn coping with an anti-Semitic 
supplier on the morning of France’s 
capitulation to the Nazis. The last story 
is “Alma Redeemed" of 1985 (Mal- 
amud died the next year), in which 
Mahler's wife is haunted by the com- 
poser's ghost. 

Reading these and the 53 stories in 
between, one almost can’t stop, though 
the hour grows late and eyes grow 
weary. Malamud grips the reader as 
tightly as a vise, his vision as honest, 
unsparing and as tender as the gods'. 

What gives these stories of egg cand- 
lers and idiots, charlatan rabbis, frozen 
food salesmen and assistant bookkeep- 
ers at linoleum factories their power? 

“An Apology," from 1957. gives an 
idea. It begins with two wise-guy po- 
licemen arresting a Jewish peddler, 

Bloostein, for hawking lightbulbs with- Ti/T ALAMUD is at the top of his form 
out a license. On the way to the police lVlin his stories about Fidelman, a 
station, one of the policemen, named "self-confessed failure as a painter" 
Walter, wants to stop at his home in 
Brooklyn to dry his wet feet. On the way 
back to Manhattan, Bloostein tries to 
escape and is knocked unconscious, 
which leads the police to release him. 

But Bloostein has lost some of his 
goods, and that night he shows up at 
Walter's Brooklyn home and demands 
"my liuJe box lights" back. 

What ensues is a kind of duel to the 
death, and If any writer saw the fun- 
damental human relationship as such a 


GENEVA, LUXURY FURNISHED apart- 
ments. From stutios u 4 ba to ns. Tel 
+41 22 7® 6320 fax +41 22 736 2671 


Employment 


Educational Positions Available 


URGENT - SEEKING YOUNG GIRL, 
Enofch moBwf longue, to give private 
lessons to 7 year ok! cMd Tet PARIS 
+33 (0)1 4561 13H or (W 0323 1435 


mmm p« 


International 
Herald Tribune 
ads work 




duel, it was Malamud. Even after Walter 
uses his own money to buy him a box of 
lightbulbs, Bloostein continues to haunt 

the policeman’s house and his life. 

Bloostein is not after lightbulbs. It is 
justice that interests him, the dignity of 
the apology of Malamud’s title, and only 
when he gets it does he walk away, until, 
as Walter looks out the window, “the 
long, moon-whitened street had never 
been so empty.” 

Like "An Apology,” many of these 
stories are dense with stubborn char- 
acter, the grim truculence of people re- 
fusing to let go of the tattered remnant of 
pride and glory left to them. The earliest 
stories in the collection, written when 
Malamud was in his late 20s and early 
30s, take figures from the immigrant 
Jewish petty bourgeoisie and place them 
into struggles worthy of the Greeks. 

As Malamud reaches what might be 
seen as his middle period in the 1950s 
and ’60s. his world expands beyond the 
confined Yiddish- inflected world of his 
own origins into a more spacious arena. 
His characters speak English correctly 
now; they travel; the stories are less 
naturalistic, more fanciful, whimsical, al- 
legorical. though they remain, as Richard 
Gilman (cited in Robert Giroux's helpful 
introduction to this book) wrote, 
“anchored in pebbly actuality." 


who goes to Italy to study Giotto and 
stays for years. Fidelman endures under 
the prickly weight of his circumstances 
and, at times, triumphs heroically over 
them. 

“The Jewbird" illustrates what Cyn- 
thia Ozick has called “the heat of a 
Malamudian sentence," the sudden un- 
expectedness of a narrarional style re- 
miniscent of Isaac Babel, Malamud’s 
fellow master of the short-story form. 
“The window was open so the skinny 


biiti flew in” is the story’s opening line. 
“Flappity-flap with its frazzled black 
wings. That’s how it goes. It’s open, 
you re in. Closed, you’re out. and that’s' 
your fate.” 

The bird, who perfectly satirizes a 
recognizably Jewish philosophy of 
chutzpah and self-abnegation, can talk, 
his first words being "Gevalt, a 
pogrom!” The bird’s name is Schwartz, 
and he suffers from anti-Semitism as 
well as persecution by the antagonistic 
frozen food salesman named Cohen in- 
to whose home he has flown searching - 
for a piece of herring with a crust of 
bread. The story is affectionate and sar- jfa 
donic, a funny, embittered reflection on w 
the survivatist world that Malamud 
treated in more purely melancholy 
tones in his earlier stories. The Jews, it 
seems, have a rough time of it even 
when they take on the form of un- 
dernourished crows. 

“Idiots First," another brilliant 
achievement, adds an absurdist, hallu- 
cinatory quality to the theme of Yiddish 
suffering. The' story is about a father, 
facing death, who strives to find money 
to send his grown, retarded son to an 
uncle in California. 

Haunting the story like a evil demon is 
Ginzburg, a ticket collector at the rail- 
road station with whom Mendel, the 
father, fights, producing this stunning 
scene; “Clinging to Ginzburg in his last * 
agony, Mendel saw reflected in the tick- y? 
et collector's eye the depth of his terror. 
But he saw that Ginzburg, staring at 
himself in Mendel’s eyes, saw mirrored 
in them the extent of his own awful 
wrath. He beheld a shimmering, starry, 
blinding light that produced darkness.” 

There are many such passages in this 
collection, which establishes beyond 
any doubt Malamud’s complete mastery 
of the short story. Malamna died just 1 1 
years ago. We will not see his like 
again. 

New York runes Service 


French 


P-f - 

FrC^j- . 

CTTCf 

leE-'i -V 

WB-J 1 -' 

ofrr--'-^" 
becSs::- ••■j 

poL*:t - 

\t I-’-- 
00 0:: *“ r 
ifcifcv-' 

njw-v. ' 
yt'rz- ■■ 




BRIDGE 


By Alan Tmscott 


A man who contributed 
more to bridge than any- 
one else in the world died 
recently in Manhattan and 
will be mourned by millions. 
Edgar Kaplan was a world- 
class player, a teacher, a sys 


and one for tournament play- 
ers. 

Most of Kaplan’s titles, in- 
cluding one in Dallas in 
March, were won with Nor- 
man Kay. Their partnership 
ds for em- 


when Kaplan responded one 
spade. 

The combined hands had 
28 high-card points, but the 
contract was in jeopardy. It 
appears that South has four 
losers unless the defense is 
helpful, but Kaplan survived 
by skillful maneuvering. He 
won the opening club lead in 


held a third diamond. South 
would still have been able to 
make the normal heart play ^ 
leading toward the king. r 


set new standards 
ciency, durability, compatib- 
ility and popularity. Their 

i/w;v>, u iv«v**v*, •» »jj- golden period was the late wuh uic opening emo ieao in 
tem creator, an author, a jour- 60s, when they twice qua!- his hand, drew trumps with 
nalist, an editor, a publisher, ified to represent the United the ace, king and jack, and 
an administrator, a lawmaker States in world champion- ducked a club into the East 

ships, winning silver medals hand, 
both times behind the Italian 


north (D) 

* A KQ 8 
OKS 
$ 1072 
+ A1087 


and a winy commentator. The 
public knew him as the win- 
ner of 2S national titles in 
nearly half a century and as 
editor and publisher of The 
Bridge World magazine. He 
was the supreme authority on 
the laws, and as chairman of 
two laws commissions, at na- 
tional and world level, he su- 
pervised revisions of the two 
codes, one for social players 


Blue Team. The diagramed 
deal in 1966 helped the part- 
nership to qualify for the 1 967 
Bermuda Bowl contest in 
Miami Beach. 

Kay as North could not 
open one no-trump, since that 
would have been weak in 
their style. He bid one club 
and raised to the two-level 


The diamond five was led 
and won with the ace. Now 
South cashed the diamond 
king and led to the club ace in 
dummy. The club ten was led 
and the diamond nine was 
thrown. East won with the 
club queen, but was forced to 
lead hearts, and dummy's 
king gave Kaplan his l Oth 
trick. Notice that if East had 


WEST 

*92 

OQ76 5 

v J 8 6 4 3 
+ 32 


EAST 
*764 
T A ID 3 2 
OQ5 
+ QJ95 


SOUTH 
♦ J ID 5 3 
O J94 
« AK9 
+ K64 

Neither side was vulnerable. The 


bidding: 

North East 

South 

West 

1 A Pass 

1 + 

Pass 

.2 + 

Pass 

2 N.T. 

Pass 

4* 

Pass 

Pass 

Pass 


West led the club three. 






I 






PAGE 6 


INTERNAiIONaI HERALD TRIBUNE, THURSDAY, SEPTEMBER IS, 1997 


international 


Swiss Payouts Due Soon 
For Holocaust Victims 

$1,000 for Many Means Food on Table 


By Alan Cowell 

New York Times Service 

BONN — Nine months after Switzer- 
land committed itself to creating a ftmd 
' to help Holocaust survivors, the fast 
money is about to be paid out, Swiss and 
Jewish officials announced Wednesday. 

An American Jewish leader wid the 
projected amounts of up to $ 1 ,000 each 
would “make a difference between hav- 
ing food on the table or not” for thou- 
sands of aging Jews in Eastern Europe. 
The process leading to the possible 

B has been long and tortuous, 
with acrimonious exchanges be- 
tween American Jews and Swiss au- 
thorities and evoking a specter of anti- 

Semitism in Switzerland over charges 
that Swiss banks collaborated with Nazi 
Germany and displayed indifference to 
Jews seeking assets deposited in Swiss 
banks by Holocaust victims. 

Even the final stage of identifying a list 
of Eastern European Jews who qualify 
for help was marred by a dispute inspired 
by the absence three days ago of Amer- 
ican Jewish representatives from a 
scheduled meeting in Berne, Switzer- 
land, of the panel set up to distribute 
funds currently totaling around $120 mil- 
lion. 

In a show of anger, the Swiss gov- 
ernment termed the absence of Jewish 
officials “incomprehensible,” brush- 
ing aside American Jewish assertions 
that the absences resulted from sickness 
and scheduling problems. Roll Bloch, a 
Swiss Jewish” chocolate manufacturer 
who heads the panel, also criticized the 
American Jewish decision to stay away, 
saying only two our of 12 people who 
were supposed to attend the meeting had 
been sick. 

Swiss newspapers criticized the ab- 
sentees. “Empty chairs have a symbolic 
value,” said Bund, a newspaper in 
Berne. “Accusations will be made that 
Jewish organizations are not serious 
about this help for Holocaust victims. 
Anti-Semitic voices can be expected.” 

A List ot 1 2.1 KJD nan >. drawn up by 
Amen uni • uhiikui Corn- 
.cc I " .... •!> • icu «. > ueld- 

•ikers u- . tuiwj^e. was lu be 

handed over late Wednesday at the 
Swiss Consulate in New York to Alfred 
Defago, the Swiss Ambassador in 
Washington, according to Swiss and 
American Jewish officials. 

“We welcome this because we want 
every step to be taken towards helping" 


Holocaust survivors, said Franz Egle, 
the Swiss Foreign Ministry spokesman 
in Berne. 

The hand over represents the first sub- 
stantive step kj ward ensuring thar money 
is actually paid to Holocaust survivors 
whose average age is almost 80 yeare. 
Mr. Bloch, chairman of the distribution 
panel in Switzerland, said it could be 
“one or rwo weeks” before funds were 
paid to Jewish organizations for dis- 
tribution among Holocaust survivors. 

Elan Steinberg, Executive Director of 
die World Jewish Congress in New 
York, said Jewish leaders expect a pay- 
out of around $ 1 ,000 per person to those 
on the list. Initially, he said, Jewish 
officials had expected to present a list of 
40,000 names on Wednesday, but re- 
duced that to 12,000 because only 
around $12 million had been earmarked 
from the Swiss fund as a “first in- 
stallment” for immediate distribution. 

Mr. Bloch said the names on the list 
would fust be examined to ensure they 
qualified for payments. He said it was a 
“technicality” to release more money 
from the fund to meet the needs of ail 
40,000 survivors. In addition to those on 
the list, Mr. Steinberg said, several thou- 
sand more names have been identified 
by Jewish officials in Hungary and that 
list is to be handed over to the Swiss 
Embassy in Budapest. 

The fund is made up of 100 million 
Swiss francs denoted by the country’s 
big three commercial banks and a fur- 
ther 70 million from Swiss industry, for 
a total in current dollar terms of about 
$120 million. The Swiss National Bank 
has also pledged about $65 million. 

Mr. Bloch said the bank still needed 
Parliament's approval to pay out the 
money it has pledged. A parliamentary 
committee has ruled that the money may 
be paid without approval, but that de- 
cision still has to be ratified by the full 
Parliament 

While die sum of $1,000 each for 
eastern European Holocaust survivors 
cannot be seen as compensation. Mr. 
Sternberg said, it will make an in 

i,i i ids where Holocaust SuiviVvu.. 

. rrered the double hauls nip or mi/i 
peisecution and Communist incline] - 
ence during the cold wai. 

“For people who have pensions ot 
$25, $35 or $50 a month — if they have 
pensions at all. this makes a difference 
between having food on the table or not. 
between having medical attention or 
not.” Mr. Steinberg said. 



Jerusalem Settlers Pose* ^ 
Dilemma for Netanyahu I 


m?"' 

■M:, 

•vv at 

• , 
. ff- 

¥ m. 


Millionaire Seeks Injunction to Bar Eviction 


Mr. Moskowitz leaving a Jewish settlement Wednesday in East Je- 
rusalem. He is backing Israeli settlers who refuse to vacate an Ar ab house. 


By John Lancaster 

UUsAimjfiM Pint Service 

JERUSALEM — Scrambling to 
avert a new and possibly violent con- 
frontation between Israel and the Pal- 
estinians. Prime Minister Benjamin 
Netanyahu tried Wednesday to per- 
suade a group of militant Israeli settlers 
to vacate a home they occupied earlier 
lhi> week in an Arab neighborhood of 
East Jerusalem. 

But the seolere and their American 
patron, Irving Moskowitz of Miami, re- 
fused to evacuate die site and announced 
ihat they would seek an Israeli court 

injunction io bar police from removing 

diem bv force. Mr. Netanyahu will await 
die outcome of a high court hearing on die 
case Thursday morning before deciding 
whether to evict the settlers by force, a 
senior aide said Wednesday. 

[Mr. Moskowitz met Wednesday 
evening with Public Security Minister 
Avigdor Kahalani who tried to persuade 
him to have the settlers leave volun- 
tarily. The .Associated Press reported. 
But the two hours of talks ended without 
result The two said they would meet 
again, however.] 

The deadlock over the settlement at 
Ras al Amoud poses a serious challenge 


William N. Oatis, Cold War Newsman, Dies 


Netv York Times Service 

NEW YORK — William N. Oatis, an 
Associated Press correspondent in 
Prague whose name became pan of 
Cold War history when the Communists 
in Czechoslovakia forced him to con- 
fess ro espionage and jailed him from 
1951 to 1953. died Tuesday in Long 
Island College Hospital in Brooklyn. He 
was S3 and lived in Manhattan . 

He died after a long illness. The As- 
sociated Press reported. After his re- 
lease by Prague, The Associated Press 
homed him a cunes pendent ui us united 
Nations ouimU in 1953. olid he re- 
mained there until he reined ui 1 

Mr. Oatis was The AP's bureau chief 
in Prague when he was arrested there in 
May 1951. three years after Commu- 
nists seized full control. His case be- 
came a highly publicized incident. 

He was convicted in a Communist 
show tnal and sentenced to 1U years. 

After his release. Mr. Oaus wrote that 


he had been compelled to make his 
confession by being kept sleepless more 
than 40 hours and by psychological 
pressures and other abuses. 

“On the first day I admitted that I had 
done unofficial reporting, which f had.” 
he wrote. “Within three days l confessed 
that this was espionage, which t>> any 
Western standard it was not; and within 
seven days I confessed that I had spied for 
the U.S. government, which was a lie.” 

Eventually, President Dwight Eisen- 
hower. shortly after taking office, wrote 
Uii uaie letter to the Czechoslovak guv- 
ciTiiiicm on Mr. Uaus > oenaii. id in 
May nc Was portioned I nc V , ch- 

osievuk go » ermine in *um us iciiivncy 
wo* prompted by a nio> mg appeal Irani 
Mr. Oatis’ s wife, LauubeUe. 

He was bom in Marion. Indiana, and 
attended DePauw Univcisity. He was 
with the AP from 1937 mud retirement 
--with time out in the I94ris foi army 
duty and studies. 


Judith Merrill, 74: 

Top Science Fiction Writer 

The AssocLned Press 

Judith Merrill. 74. one of the first 
women to gain prominence as a science 
fiction wntei, died Friday in Toronto. 

She was associated with Isaac As- 
imov and other science fiction writers in 
the United States during the 1940s as 
pan of a group called the Futurians. 

Her 1950 novel about nuclear war, 
“Shadow on the Hearth.” was adopted 
loi television. 

Ms. Memll gre * up in New York and 
emigrated to Canada »n 1968. She had a 
collection of thousands of science fic- 
tion books. 

Serge Fliegers. 76. a Europe-based 
correspondent for Reuters and the 
Hearst newspapers from 1946 to 1971, 
died Tuesday at his home in Bunill,- 
Enisland. after a long illness. 


to Mr. Netanyahu, who postponed a trip _ 
to Europe to deal with the escalating, 
crisis. On the one hand, he is 'eager ft . 
avoid a new confrontation, between IgS- • 
rael and the Palestinian Au£iws§t , 
which has called the settlement a-t& • 
crayal of the Oslo peace accords - 

likely incitement to violence. - • Jr - 

' Some members of Mr. Netanyahus. •’ 
rightist government, however* have sujj£ 
ported the Jewish pieseoee in Ras.fcf 
Amoud and have threatened to leave 
ruling coalition if the settlers areforcibgT ^ 
removed. Captured by Israel in 1967.: j| 
East Jerusalem is claimed by both Isntet 
and the Palestinians, who consider ftthe- 
capital of a future Palestinian stale- . 

in an effort to defuse the crisis, Mr ‘ 
Netanyahu's aides floated a Compaq 
mise proposal Wednesday under which 
the settlers would, move put Uo make* 
way for 10 yeshiva students. The stth - 
dents would then renovate die property^ 
at which point the families would be 
allowed to move back m, according to 
an account on Israeli radio by Deputy 
Education Minister Moshe Peled, wlicr - 
has been acting as an intennediaiy in the 
discussions. ... 

Palestinian officials, rejected die pro- 
posal, as did Mr. Moskowitz and the 
settlers, albeit for different nsfsbns. . 

“We have come back to ourfiotite,’’ 

Mr. Moskowitz told Israefrradki during '. 
a visit to the neighborhood AVetJne&Iay J 
afternoon. “I don't know What' you T 
mean by compromise. We came: here to 
live. This property is ovttaed by jews, it 
was rented by Jews and there’s. nothing 
political about it." 

The settlers moved into the home un- 
der cover of darkness late -Sunday. The 
stone-structure sits on a hilltop flanked by > 
the Old City and die Jewish buna! ground 
on the Mount of Olives. On Wednesday a 
circus atmosphere prevailed as rightist 
lawmakers visited the hoi ue to express 
their support while Israeli peace activists 
shouted slogans through bullhorns froma 
lent camp nearby. 

Police have made a virtual armed ? 
camp of the neighborhood, which has 
been the scene of seveial violent 
protests by Palestinians, -ev^rai of 
whom wen; arrested duiing a bc u i of 
rook-throwing Wednesday aficiuoon. • 4 

Although the annexation of East Je-v 
rusalem has never been internationally. ; d 
recognized, Mr. Netanyahu has re- 
.peatedly insisted that the city willremain •’ 
Israel’s “eternal” and undividecfcapital 
and that its Jewish residents should be 
able to live wherever they please. 


\m 

• 


Wc 

■ S 3 

f 

: * ,, * 
: ■ 

# £?•; - 




■■ 

rgs/. 



Hotel Inler-Continonlul Singapore 


You're always in the keart of tke city 
and at tke soul of tke culture. 


One World. One Hotel. 
Uniquely Inter-Continental. 


INTERCONTINENTAL 

HOTELS AND RESORTS 


wttw.interconti.com 


ASM PACIFIC 
BALI 

BANGKOK 
BROOME 
CHEN GDI' 

COLOMBO 

MKAKTA 

KTALA LCMPCR 

MANILA 

NEW DELHI 

PHNOM PENH 

QINGDAO 

SEOUL 

SHENZHEN* 

SINGAPORE 

SYDNEY 

TAIPEI 

TOKYO 

YOKOHAMA 

EUMOPE 

AMSTERDAM 

ATHENS 

BARCELUNA 

BaGRADE 

BERLIN 

BP.AT1 SLAVA* 

BRUSSELS 

BUCHAREST 

BUDAPEST 

CANNES 

CRACOW 

EDINBURGH 

FRANKFURT 

GENEVA 

THE HAGUE 

HAMBURG 

HANNOVER* 

HELSINKI 

ISTANBUL 

LEIPZIG 

LISBON 

LJUBLJANA 

LONDON 

LUXEMBOURG 

MADRID 

MONTREUX 

.MOSCOW 

MUNICH* 

NICOSIA - 
PARIS 
PRAGirE 
ROME 

STUTTGART 

TASHKENT 

VIENNA 

WARSAW 

ZAGREB 

ZURICH 

AMERICAS 

BOGOTA 

BUENOS VIRES 

TALI 

CANCUN 

CARACAS 

CARTAGENA 

CHICAGO 

CIUDAD GlUYANA 

COZUMLL 

GUADALAJARA 

IVTAPA 

LOS ANGELES 

LOS CA BOS 

ALANAGUA 

MARACAIBO 

MEDELLIN 

MEXICO CITY 

MIAMI 

MONTREAL 

NEW ORLEANS 

new York 

PANAMA aTY 
PIJERTO VA1LARTA 
RIO DE JANEIRO 
RIO NEGRO- 
SAN FRiVNCLSCG 
SANTO DOMINGO 
NAOPU’Ui 
TORONTO 
VALENCIA 
WASHINGTON. p.C 
MIDDLE F.\sr 

ABHA 

ABU DHABI 

Al. AIN 

ALJUB.AIL 

AMMAN 

BAHRAIN 

BtlRl.T 

CAIRO 

DUBAI 

HCRGIMD.A 

JEDDAH 

MAKKAH 

MUSCAT 

PETRA* 

RIYADH 

SH.VRM FL SHEIKH 

TAIF 

AFRICA 

ABIDJAN 

CAPE TOWN 

DURBAN 

JOHANNESBURG 

KINSHASA 

KRl.TiER s'ATIONAI. PMUi 
LUSAKA 
N MRiTBI 
\ It TORI A FAILS 
•FORUM HOTEL 


A Big Step in the Western Sahara j 

Morocco and Rebels Agree to Plan That Could Lead to Vote 

’ H.e said they had also agreed id priuc iples 

HuuSiuN — Moroccan officials and guvenuna the process of identifying which 


i -4 ‘JjLi a-?>r* i. D. 

HOUhlON — Moroccari officials and 
rebels in Western Sahara have agreed on a 
three-point plan aimed at Settling a decades- 
old d.spuie over the nonh west African ter- 
rnorv, a l ruled Nations mediator an- 
nounce J. 

The nrcdiuiiii. James Baker, the former 
t .n sev.iLi.u v cl . 1.1 ,:gi t.eiiien t that 

would m;i tile giuuiidwviik lui a iclerendum. 

1 pos'Mbl.v uiihm u >eot. moo id allow voters to 
choose betweeii independence lor Western 
Sahara oi mtegiaiiou mth Morocco. 

■'ll we started today u would be another 10 
to 1 1 mouths k lore wc- goi to the election 
day . he said 

Mr . Bakei s,i... K two sides have agreed on 
a proposed code ui conduct foran election and 
a declaration that would give authonty to the 
United Nations during a transition period. 


governing the process of identifying which 
voters would be eligible to take, pan lhe ref- 
erendum. • 

Mr. Baker said it remained to -be seen 
whether the two sides would fully; cany out 
this plan; which was first agreed lo under a 
UN-brokered cease-fire m 199 1. 

“Of course, it's a lot easici in .ipi y in do 
certain things some times than ii iv to du 
thenL”=Mr. Baker said. - - - : 

His announcement followed three day's of 
talks in Housiou and earlier rounds of dis-'i 
cussions in Lisbon, Portugal and Loudon.- - j 

Morocco, which has claimed the Western i 
Sahara based on histoncal links, anne.ved the , 
former Spanish colony m the mid-J97i>s. TTie | 
Western Saharan rebels, known as the Pol- 1 
isario From, have been fighting ever since for 
independence of the region. (AP, AFP) 


Makeshift Computer 
Turns Mir Toward Sun 

MOSCOW — The orientation system on 
the Russian space station Mu was back on- 
line Wednesday, keeping the station poin- 
ted inward the sun and recharging solar 
butteries that were drained during the most 
receiii computer breakdown, officials said. 

lhe makeshift computei. assembled 
from parts of broken down equipment, ap- 
pealed to be fully operational. But since ail 
^puie parts have been used, space officials 
ieviM.-d plans, announcing Wednesday that 
in addition io a backup computer to be 
deli % Lied to Mir by the Russian spacecraft 
Progress, a second computer would be de- 
livered by the U.S. space shuttle Atlantis, 
scheduled for launching Sept. 25. (AP) 

Egypt Bans an Edition 
Of an Arabic Daily 

— Egyptian censors banned the 
Wednesday 's edition of one of the Arab 
world s must inspected newspapers be- 

v ju>c .«{ an mi'diIl .ui a disputed enclave on 
IhU but l.n ic >L Ik 

i Ik am iii if iii«. . .c i/.cd copies at the Cairo 
piiinuM.r A. N.,, tll . London based daily 

“* ,iei1 r, > Muled ibn Suiiuii.ii neph- 

v»v"iK„, fc i *>audi Arabia, a spokes - 
"un l'ii i!k , censor’s office said. 

He s.iid iiiion was banned because 
ul a ivunii . v,m! Tuesday by Pies idem 
Uniai Hassan rthiiiavl Bashirof Sudan to the 
Hal .uh enclave, whose sovereignty has 
been d.spuied since Sudan gained indc- 

pemlcncein 195b. { AP) 


with trying to sum an uprising to overthrow 
Fidel Castro, the according to the U.S. State 
Department said. 

The American, Walter Van der Veer, was 
arrested in August 1996 and charged with 
armed action against Cuba, as well as gath- 
ering materials for gasoline bombs and 
plotting attacks against police and tourists, 
the Slate Department said. A trial date has' 
not been set. (Ap) 

Zapatistas Form Front 

MEXICO CITY — The Zapahsta guer- 
rillas. who surfaced in January 1994 with art . 
armed uprising against the government, 
have announced the creation of a political 
front to pursue their goals peacefully. 

The formation of the Zapatista National 
Liberation From was announced Tuesday at 
the end of a four-day meeting in Mexico 
City after 1,100 masked Zapatista rebels 
left their strongholds in Chiapas state and 
trekked. 1,200 kilometers to tht capual to 
revive support fortheir cause 

The Front vowed to campaign fui lhe 
rights of nine million Mexican Induin'*. its 
first priority and called lor the icn:. •. ji of 
Mexican troops from all ol thv. • • y’s 
indigenous regions. . !WiV j 

Raid on Brazil lUn»Mts 


if+il- 


• — vyj-” 

rfci*' 

* 

nan 

j fe’/ ; 

■■ \l-—7 " 


im 

■■ Li- 

i '.-n.—.- s-i 


rr;- : 

.- n. -— - 

ziiSz^Z: 

IfefV . 

' ;*3.r- 




* Isg--. 

■ r? **-. •’ " 


3W 


'iSKs 


iffc; 

' m- 

: vsT* . 



P- ' 

j . 

‘£-%S 

*■ 


•VfY «to. 


Cuba to Seek Death 
For a U.S. Suspect 

MIAMI - Cuba intends to seek the 
death penally againsi an American charged 


RIO DE JANEIRO - ' ,.i *0 aimed 
and hooded men a njLkcu ..a m occupied 
by landless peasants, f., into the au and 
bui iiiiig Lhe cnLcuiipmem io lhe ground. At 

pei suns were .seriously, wounded 

J he atiack Tuesday al the Saudade ranch 
in Santa Izabel do Ivai, 670 kilometer south- 
west of Rio de Janeiro, was carried out "in a 
highly professional manner,” said Roberto 
Baggio, courdiiuitui of the Nauotutl Move- 
nient of Rural Workers rn Parana stale. 

He said that the attackers remained on the 
ranch after the peasants tied, and were seen 
win sure police officers. A state policeman 
hi! ,t i rme i tha ‘ lhe had taken place 
yn,cd “**> P°hce mvolvemenl. tAPi 


z j-. ■ 

ISi: 




j 



*• 

r 





- T.rj: i 

- . . a Wtk ;: 
• • : ... y*Ss -.. 

• a„!r . < 


■■■■■■ 

-■ 


hi hul 


T ifJn ^n 


<>npsi 


s< « To 


b -:.T 
• ... 

- j • •. y 


. • 


hl Talk I 


s - H ! ’d*)ketin£ 
'"Vnfiuren 


-- 

■ • ‘ili 

■ - . .• ;i> 


■; r .>.' i 


>)l\ tfo \J?L& IE, WEDNESDAY, SEPTEMBER 24 , 1997 


INTERNATIONAL HERALD TRIBUNE, THURS DAY, SEPTEMBER 1 8, 1997 

EUROPE — 


RAGE 3 


I ^Ulster Unionists Rekindle Hopes in Peace Talks 


: •« ,'f . ; > 


By Dan Balz 

■ — Hfartingfun Post Sen-ice 

LONDON — The Ulster Unionist 
£arty and other representatives of the 
nrotestant majority in Northern Ireland 
joined the all-party peace talks Wednes- 
“®y» but still refused to negotiate face- 
; tp-face with representatives of Sinn 
. * e political arm of the Irish Re- 
publican Army. 

. decision by the Ulster Unionists, 
the largest political party in the region, 
. rekindled hopes that die fragile peace 
process would not be . knocked off 

■ course by the explosion of a bomb Tues- 
day in a village outside Belfast that left a 

■ ponce station, a livestock market and 
y other buildings badly Hamagad There 

l were no serious injuries. 

Protestant representatives immedi- 
ately accused the IRA of carrying out 
. the attack, and they demanded that S inn 
Fein be thrown out of the peace railed 


The IRA denied it was responsible for 
the attack, and security officials told 
wire services that they suspected an ERA 
splinter group was responsible. 

The explosion unsettled officials at- 
tempting to push the talks forward and 
complicated the private discussions be- 
tween the British and Irish governments 
and the Ulster Unionist Party and left 
Unionist officials in a defiant mood on 
Wednesday as they entered the building 
in the Stormont area in Belfast where 
the negotiations are being held. 

“We have no illusions about the 
character of Sinn Fein," David Trimble, 
the Ulster Unionist leader, said. “We 
have not invited them to the table but we 
are not afraid of them and we’re not 
running away from them. We are not 
here to negotiate with them but to con- 
front them and to expose their fascist 
character.” 

Mr. Trimble was joined by repre- 
sentatives of several small, loyalist 


parties, who were boycotting the talks 
until the Ulster Unionists made a de- 
cision about whether to participate. The 
substantive talks formally opened Mon- 
day, but participants have been mostly 
marking time while talks officials tried 
to coax Mr. Trimble to the table. 

Marjorie (Mo) Mowlam, the North- 
ern Ireland secretary of state, praised 
Mr. Trimble and ail the parties who have 
now joined the talks, saying she wanted 
to “pay tribute to the courage it’s taken 
for them to come in, stick to their prin- 
ciples" and try by talking to move the 
process forward. 

With the Protestant parties now in the 
building, the next step in the process 
will be a series of bilateral meetings, 
rather than the direct negotiations that 
will be needed to produce a resolution of 
the decades-long conflict between tbe 
Protestant majority and the Catholic 
minority in Northern Ireland. 

Before Tuesday's bomb blast, a pro- 


; By Barry James 

International Herald Tribune 

BRUSSELS — An independent 
committee of veterinarians recommen- 
ded Wednesday an extremely limited 
bat symbolic lifting of the global ban on 
/ British beef exports that was imposed 
18 months ago amid fears that "mad 
cow" disease could spread to humans. 

, The Scientific Veterinary Committee 
representing the 15 European Union 


members said that de boned meat could 
be exported from herds if computerized 
records proved that the cattle had never 
had any contact with the disease, bovine 
spongiform encephalopathy. 

Britain does not have a nationwide 
computer system tracking its herds, but 
such a system is already in place in 
Northern Ireland, where the disease is 
rare. 

The scientists also said it would be 
necessary to prove that die cattle had 


French See Vichy Official’s Trial as ‘Useful’ 


The Associated Press 

, PARIS — Sixty-seven percent of the 
■ French say they believe that die war 
crimes trial of the former Vichy official 
Maurice Papon will be “useful” in 
learning about their country during 
World War H, according to a poll pub- 
lished Wednesday. 

Mr. Papon, 87, is the highest-ranking 
official of the pro-Nazi Vichy regime to 
be charged with crimes against human- 
‘ ity , allegedly committed while he was a 
t police supervisor in the Gironde region 
^ in southwestern France. 

. Mr. Papon is to go on trial in Bordeaux 
on Oct. 6 to answer charges he ordered 
die deportations of 1,690 Jews. He has 
repeatedly denied the charges, saying he 
sacrificed a few Jews to save others. 

Mr. Papon recently said he was the 


"victim of a plot" to brainwash French 
youth into thinking France was a nation 
of Nazi collaborators. About 76,000 Jews 
were deported from France during World 
War IL Only about 2,500 survived. 

The poll, conducted Sept. 1 1 to 1 2 by 
die weekly Evenement du Jeudi. showed 
that 77 percent of respondents said they 
believed Vichy bureaucrats like Mr. Pa- 
pon played an “important role" inhunt- 
mgdown and persecuting Jews. 

The poll also showed that die French 
were misinformed about their wartime 
past. Eight-four percent blamed tbe mi- 
litia,' an offshoot of the police that 
worked closely with the Gestapo starting 
in 1943, for the persecution ana roundups 
of Jews. In reality, the sweeps woe 
ordered by Vichy bureaucrats like Mr. 
Papon, and many took place in 1942. 


□ever been fed manufactured feed. 

* ‘Mad cow 1 * disease reached epidem- 
ic proportions in Britain because an- 
imals were given feed containing the 
remains of diseased catde. 

Tbe ban was instituted because of the 
suspicion that several people developed 
a form of the affliction, Creutzfeid- 
Jakob Disease, as a result of eating 
infected meat 

The disease causes loss of memory, 
dementia and inevitable death. 

Experts said the lifting of the ban 
would be unlikely to apply to exports 
from the British mainland for a long 
time to come. 

‘ ‘We have to be realistic; there is still 
a long way to go." said Walter Elliot, 
president of the Ulster Farmers Union. 
“It is a positive step, but it is very 
limited with the best interpretation." 

He estimated that farmers in Northern 
Ireland had lost £ 1 00 million ($160 mil- 
lion) a year as a result of the ban. 

Even the limited easing of the ban 
could take months to be introduced. It 
must be approved by die European 
Commission, die EU’s executive body. 
And it must be approved by the member 
countries, some of which — notably 
Germany — have strongly resisted Brit- 
ish attempts to have the ban lifted. 

The European Commission said this 
week that it would begin legal pro- 
cedures against Britain because of the 
illegal export of banned meat to Bel- 
gium and Germany earlier this year. 


unionist paper was predicting dial face- 
to-face talks between the Ulster Uni- 
onists other unionist or loyalist 
parties would not come for two weeks. 
With Mr. Trimble's party delaying its 
decision, the Sinn Fein leader. Geny 
Adams, ehcouiuged them to stop dither- 
ing and join the process. 

On Wednesday, Mr. Trimble said his 
party was .“not prepared to tolerate Sinn 
Fein being portrayed as the party of 
peace and the unionists as the prob- 
lem." -. 

“The truth is that unionists are genu- 
ine Democrats,” he said, “but if we are 
outside the process that truth will not be 
recognized-" 

Sinn Fein was invited to participate in 
the talks far the first time after the IRA 
declared a cease-fire in the sectarian vi- 
olence that has left thousands dead over 
the past 30 years. But Mr. Trimble and 
other nnibnists have expressed doubts 
about the sincerity of the cease-fire. 






yz a * 

■ Sr- ‘ 


EU Told to Relax Ban on British Beef 

Veterinarians 9 Advice May Benefit Exports From Northern Ireland 


J - « -v* •* a 

* - 






* ** * V 




v * ,«.■ 

" 



' ■trtr'-s.- 


rj - r. 

! - v '-v 







MuvtaziD SuubocntVTfar Anocand Pn 

PLEASING PILGRIMS — Pope John Paul II passing through St. 
Peter’s Square on Wednesday before his weekly general audience. 


PAGE 5 


CrtapB R^hwHI/Reuim 

A wasp landing on to the nose of 
Gerry Adams, president of Sinn 
Fein, as he entered the Stormont 
peace negotiations on Wednesday. 


BRIEFLY 


Russian Miners 
Strike OverPay 

MOSCOW — Miners at major Rus- 
sian coal fields have gone on strike to 
demand wages that have not been paid 
for as long as nine months, news agen- 
cies reported Wednesday. 

In the Vladivostok region, where 
strikes began Monday, an acute energy 
crisis hit local cities and towns as power 
stations received no coal to produce 
electricity. 

Interfax said miners in the Far East 
were owed 850 billion rubles ($145 
million). Miners in Siberia, at the Ok- 
tyabrskaya min e in the Vorkuta coal 
region and the Pervomayskaya mine in 
the Kemerovo region, have also gone on 
strike. 

Some miners have received no wages 
since the start of the year. (Reuters) 

French Assembly 
Passes Jobs Bill 

PARIS — The Socialist-dominated 
National Assembly of France approved 
an ambitious government program 
Wednesday to create 350,000 public sec- 
tor jobs for young people over the next 
three years. 

Tbe measure, which passed by a vote 
of 303 to 166 with 38 abstentions, must 
now go to the Senate, Parliament’s up- 
per chamber, before becoming law. 

Most of the center-right opposition 
opposed the bill, but three conservatives 
backed it and 37 abstained, reflecting 
embarrassment at opposing a popular 
measure. (Reuters) 

Italian Minister 
Warns Separatists 

ROME — The interior minister has 
warned supporters of the separatist 
Northern League that desecrating the 
flag is a crime that could land them in 
prison. 

The minister, Giorgio Napolitano, is- 
sued the warning after a group of North- 
ern League supporters jeered the Italian 
national anthem during a ceremony 
Tuesday marking the 50th anniversary 
of the union of Gorizia, in northern 
Italy, with the rest of the country. (AP) 


English 
gLj§ hooks 

lV/mI I to yoor door 
UzISi in 7-12 dajri 

350,000 titfes' not a dub • free cataiog 
Tel: *33 (0)1 39 07 01 01 
Fax: +33 (0)1 39 07 0077 


**. I * r ; l*'! « 

r V ’ * * f - " ’ - - 

' I '«/ ^ 


rr.e Ai r ;pec. - : Cc 


Our Megsrcp 7^7 ii !he ci: 
!t carries c.s rreny passeace 
with tine -.es a 


w 


s 




"4-, . y 







50 YEARS AGO, WHO COULD HAVE IMAGINED IT ? 






# 




StnGAPCRE 

AtRLinHS 




THE MOST MODERN FIEET IN THE WORLD. 


f 
















































































































pa- 




— - t 

n . 


1 1 
f 


L 


PACES 


THURSDAY, SEPTEMBER 18, 1997 



ediwrials/opinion 


H cral b 


INTERNATIONAL 



tribune 


PUBLISHED WITH THE r*EW TOWK TIMIS ***0 THE WASHINGTON POST 


On the Fast Track 


The president sent Congress his pro- 
posed trade bid Tuesday. It bad been 
delayed a week while the adminis- 
tration searched for ways to make u 
more palatable to labor, environmental 
and other critics without vitiating its 
purpose and without losing votes on 
the other side of the debate. But the 
president had relatively little wiggle 
room, and the assurances the admin- 
istration offered the critics Tuesday 
were not so much statutoiy as political: 
Trust us to include in future trade 

for U.S. 
as 


agreements as much support for U 
labor and environmental standards 


but a lot of people — many of them 
■ ' " Democra* - 


ts 


we possibly can. 

This is procedural legislation only. 
It empowers the president to negotiate 
further agreements that would then be 


subject to congressional approval but 
irack” basis. 


on a so-called "fast tract 
meaning debate would be limited and 
no amendments would be allowed; the 
agreements could only be voted up or 
down. Without such assurances, other 
countries would be reluctant to ne- 
gotiate; why bother to reach a detailed 
agreement with the executive branch if 
the legislative branch can then amend 
those details? 

The goal of the process is freer trade. 
The fear of the critics is that this will 
further open the U.S. market to com- 
petition from low- wage countries with 
weak environmental laws, only rudi- 
mentary systems of health and safety 
regulation, etc. The United States will 
lose jobs, so they argue, while U.S. 
wages and high regulatory standards 
are undercut. They would confer fast- 


represented in Congress by t 
— don't believe it The party is split the 
House minority leader, Dick Gephardt 
thought to be a leading rival to Vice 
President Al Gore for the Democratic 
presidential nomination in the year 
2000 , opposes fast track. 

The Q inton bill doesn't say the 
president must negotiate the kinds of 
assurances the critics seek. Rather, the 
president promises and reserves the 
right to negotiate as many such pro- 
tections as he can, including in side 
agreements. The hope is that the prom- 
ise will provide enough Democrats 
with enough political cover to pass the 
bill. Perhaps it will help Mr. Gore as 
well in making the case that he is not 
indifferent to these issues. And maybe 
there will in fact be some useful 
nudging of other countries in progres- 
sive directions. They ought to pass this 
bill, and our sense is that, after a lot of 
venting — and some healthy con- 
sciousness-raising — they will. 

— THE WASHINGTON POST. 


Broaden Persecution Bill 


Conservatives in America have long 
been part of the human rights move- 
ment, but in the past they have largely 
focused on the abuses committed by 
Communist governments. Today they 
are broadening their concerns. A small 
group of activists has succeeded in 
putting repression of Christians abroad 
on the national agenda. This has 
brought attention (o an important, neg- 
lected problem, and increased consid- 
eration of human rights in American 
foreign policy. But it nas also produced 
demagoguery among politicians eager 
to gain points with the Christian right 
One example is a bill that purports to 
fight religious persecution, but is so 


i pens 

poorly designed it would do little to 


lelp religious freedom abroad. The 
legislation, sponsored by Senator Ar- 
len Specter and Representative Frank 
Wolf, has the support of the Repub- 
lican leadership and appears to have a 
good chance of passing in some form. 

It would set up a new White House 
office to monitor and classify religious 
persecution. A finding of certain types 
of persecution would automatically 
trigger a variety of economic sanc- 
tions, starting with a ban on American 
exports to abusive government agen- 
cies and possibly including a cutoff of 
ail nonhumanitarian aid ana American 
votes against international bank loans. 
The president could waive the sanc- 
tions on national security grounds. 

The office would be required to in- 
vestigate persecution of Christians and 
a few other minorities in communist 
and many Islamic countries. All other 
religions persecution would be ad- 
dressed at the director's discretion. 
While the bill's authors say it is not 
their intention, such an unbalanced 
mandate is offensive to Muslims, Jews 
and other religious groups that are also 


subject to abuse. The most common 
type of religious persecution — limits 
on religious assembly — is not covered 
at all in the bill. Immediate export 
sanctions would apply only to the en- 
tity directly carrying out persecution. 
No money, for instance, could go to a 
specific military barracks that tortured 
Christians, but it could go to the army 
or defense ministry responsible, mak- 
ing the sanctions meaningless. 

One curious provision would 
change the rules of asylum and refugee 
applications in America to ensure that 
people who say they are fleeing re- 
ligious persecution would get a hear- 
ing. This is a welcome acknowledg- 
ment that new rules that became 
effective in April do not protect 
refugees and asylum seekers. But the 
bill might end up tilling the refugee 
quota with those fleeing religious per- 
secution, thus shutting oat other ap- 
plicants. Its changes should apply to 
those fleeing all kinds of oppression.. 

This provision reflects the bill's re- 
legation of all other persecution to 
second-class status. The torture of 
Christians is heinous, but so is the tor- 
ture of ethnic Tutsi or union organizers. 
In most countries where religion is at- 
tacked, such attacks are part of a wide 
spectrum of human rights abuse*. 

Groups with a special cone. >» for 
religious persecution are right de- 
mand more attention to the issue. In- 
stead of trying to create a new office in 
toe White House separate from the 
policy-making process, however, they 
should work to strengthen the State De- 
partment's human rights bureau. If there 
is a political stampede to approve this 
bill. Congress must rewrite and broaden 
it to cover all manner of persecution and 
all religious groups equally. 

— THE NEW YORK TIMES. 


Other Comment 


Still a Meaty Issue 


This summer, we’ve seen the 
biggest recall of beef in American his- 
tory — nine decades after a famous 
book led the federal government to 
start inspecting meat. If the author 
were still alive, he wouldn't be sur- 
prised that serious problems remain. 

Upton Sinclair’s novel “The 
Jungle" included sickening descrip- 
tions of Chicago meatpacking plants. 
Published in 1906, it jarred the nation 
and lifted hbpes of major reform. But 
not for long. 

The next year, "toe lobbyists of 
toe packers had toeir way in Wash- 
ington,” Sinclair observed. "The 
meat inspection bill was deprived of 
all its sharpest teeth, and in that 
form [President Theodore] Roosevelt 
accepted it.” 

Sinclair warned that toe govern- 
ment’s failure to inspect meat rigor- 
ously was likely to continue. Most 


of all, he blamed toe news media. 

From the outset, the media gave 
"The Jungle” a rough reception. 
"Can it be possible that anyone is 
deceived by this insane rant and 
drivel?" one widely syndicated 
newspaper columnist scoffed. The 
meat industry mailed out one million 
copies of toe article. 

1 ‘Because of the kindness of Amer- 
ican editorial writers to the interests 
which contribute full- page advertise- 
ments to newspapers,” Sinclair wrote 
a dozen years after the 1907 law went 
into effect, “the American people still 
have toeir meat prepared in filth." 

Today, toe U.S. Department of Ag- 
riculture lacks toe legal authority to 
order tainted meat off the market, 
something that Agriculture Secretary 
Dan Glickman asked Congress for late 
last month. 

— Norman Solomon, author and 
syndicated columnist, commenting in 
The Sun ( Baltimore ). 


“Tt t V WJEBWHWU.®* * 4 

llcralo^^enbunc. 


ESTABLISHED 1897 

KATHARINE GRAHAM, ARTHUR OCHS SULZBERGER 
Co-Chairmen 

KATHARINE P. DARROW, Vice Chairman 


RICHARD McCLEAN, Publisher £ Chief Executive 
MICHAEL GETLER, Executive Editor 


• ^ ALTER WELLS. Managing Editor • PAUL HORVllZ. Deputy Managing Editor 
• KATHERINE KN0RR and CHARLES MTTCHELMORE. Deputy Editors * SAMUEL ABT and 
CARL GEWIRT'4 Associate Editors • ROBERT J. DONAHUE. Editor tf the Editorial Pages 
• JONATHAN GAGE. Business and Finance Editor 
• RENli BONDY, Deputy Publisher 

• JAMES McLEOD. Advertising Director • DIDIER BRUN, CtrcuLsum Director. 
Dwettcur de hi Publication: Richard McClean 


rnnmaikmal HeraldTrihme. 1S1 Avenue aurtadr-Gaidle. 92521 NcuiUy-sur-Seine. Fiance 
TdJ m4l.43.BXn Fee Sutecnuxre. ill 41.4352 IQ; Advofcing. m41.43B.J2: Now. 11 ) 41435338 . 
imrnw addrca: hnpJM-wihuom E-Mail: ita^ihixom 


fifimr/i-r.Uw. MitU-i Ruhmix«.5CMetkn RJ.Skngapure UVM0.Td.l65)472-77bS.Fac lb5>2?4-2S34 
Mbs Dir Am. R 4 D Krtuq-M. ‘0 Ghunotr U.HmgKmnTd 852-2922-tm Far S52-y£2-IIV) 
ICffl Wrr Gen mv. I kWh*. FntiMetr. j*. fitU2# FiadfietM. id. -t -tfePW/SW. Far ■WnmiliO-IO 
Pm iS-Mhkad Canon. SSI Thud Am. .Vo* Ycrt.NY. IC022 Tei i2l2l?52-im Far <2121 755-05 
t’A Advertising Office ft? Lung Am. London WC2 Tci.(I7li8Jo^802.Fax-tI7It240-2254 
S-A.S an inpital de 1 .200.00(1 F. RCS Nanteflt B 7S202II26 Cammisidan Panurn No b)SS7 
Imcrtuneml Herj/J Tribune .VI rights men ed ISSN 6294 -8052. 




track status only on trade agreements 
that require foreign competitor to 
meet "enforceable labor and environ- 
mental standards." But of course other 
countries would be reluctant to agree to 
such conditions, so that trade-expand- 
ing agreements would be harder if not 
generally impossible to reach. 

The admini stration argues that trade 
adds more jobs in the United States than 
it costs, and that only trade — not fiat — 
can ultimately succeed in raising living 
standards abroad. We think that’s right, 


In NATO Debate , Discuss the Wars of the Future 

\\T ASH1NGT0N — 

YY ments of North 


The pariia- 


Amenca and 
are preparing for a 


By Jim Hoagland 


n 

uttwo 


Western 
trans- Atlantic 

of NATO into Central Europe, 
subjects vital to that debate will rarely be 
addressed with candor in the blizzard of 
speeches to come: the future of war, and 
the rationale for America’s continuing 
militaiy presence in Western Europe. 

These apparently are ignoble sub- 
jects to raise when statesmen and 
salons are babbling on about expanding 
democracy, preventing power vacu- 
ums near Germany and providing the 
Russians with stability they do not have 
, toe wit to know they need. 

The Clinton admin istration’s open- 
ended version of NATO expansion is 
accompanied by an array of winks and 
nods about the nature of European se- 
curity today. Russia is ou our side, toe 
administration says, adding that toe 
expansion must continue toward Rus- 
sia's frontiers after the Czech Repub- 
lic, Hungary and Poland are admitted to 
the North Atlantic Treaty Organization 
in 1999. 

It has been clear for months that 
Russia would let these three ex-satel- 
lites join toe A tlan tic alliance without a 
major fuss if the West pledged not to 
launch a threatening military buildup in 
these states. That deal has been con- 
firmed by Moscow's active participa- 


tion in toe new NATO-Russia Joint 
Council in Brussels this month. 

The 16 member governments that 
say NATO expansion will not threaten 
a revival of the Cold War should now 
be taken at, and held to, toeir word, as 
should the Russians. Their goal should 
be to make sure that the NATO ex- 
pansion they have approved will be 
irrelevant militarily for Europe. 

The continuing decline of Russia as 
a global military and diplomatic power 
should help make that possible. So can 
a dramatic but quiet transformation of 
Western Europe’s military forces that 
is resulting from toe lessons of toe Gulf 
War and toe Bosnian quagmire. 

These two conflicts suggest that fu- 


and switching to a smaller, profession- 
al military structured not to defend 
against invasion but to intervene 
abroad. President Jacques Chirac has 
held up Britain's professional military 
as a model for his own generals. 

NATO expansion will help move 
Germany in toe same general direction. 
Germany will no longer be toe eastern 
frontier of NATO. 

Budgetary pressures will soon push 
the Gomans to move to smaller, pro- 
fessional, more mobile armed forces, 
despite Chancellor Helmut Kohl’s at- 
tachment to a large citizen array built 
the draft. 


and around Germany, other • than 
providing insurance against a hostile 
Russian revival? ... 

Expanding NATO helps both an- 
swer and obscure that que stion , 
American troops in Germany now 
have the apparent mission of spreading 
the fruits of NATO eastward- Expan- 
sion provides a new basis for main- 
taining a militarily significant American 
presence in Europe beyond the Cold 
War to project power outside Europe.- 
But that is not an explanation that 
would go down well in Germany, or in 
a U.S. Congress wary of increasing 
commitments. That is wby Washington 




to . 


* 




ife 


° n TOs mad reflects a spreading red- to termer capitals vg! shi ne ft ar 
ization that Euro r?ean land armies or- lights on toe high-minded rhetoric of 

expanding democracy and say as little 


rare wars involving Europe and Amer- 
ica as allies will be fought eit 


fought either over 
resources in chaotic Third World lo- 
cations or in ethnic upheavals on toe 
southern fringe of Europe and Russia. 
The Europeans learned from toe Iraq 
war and Bosnia that they are totally 
dependent on the United States for lo- 
gistics, intelligence and other “power 
projection” support, The reactions 
nave been revealing: 

France, until now toe European state 
with toe strongest military and national 
security culture, is ending conscription 


ization that European land armies 
ganized to defend national territory 
against invasion verge on the obsol- 
escent 

“A large number of the most power- 
J states no longer want to right 


* 


or 


ful states no longer want to rigm 
conquer,” writes the British diplomat 
Robert Cooper in a seminal essay on 
Europe in me era of toe postmodern 
state. 

•‘Acquiring territory is no longer of 
interest. Acquiring subject populations 
would be for most states a night- 
mare.” 

What then is the point of large Euro- 
pean armies and an American militaiy' 
presence of about 100.000 - troops 
stationed into toe distant future in 




as possible about toe future wars * 

NATO is most likely to fight. 

The big issue for NATO’s future is 
not expansion to toe east to. protect 
against land invasion. It is toe structural 
transformation into an intervention al- 
liance that is already happening, with 
little public awareness on either side of 
the Atlantic. 

The parliamentary debates on ex- 
pansion should not camouflage this de- 
velopment. They should air it, and seek 
support for it if this transformation is to 
go ahead with the public support it 
requires. 

The Washington Post: 


4 






4 


Obstacles to China’s Development Are Too Often Neglected 


A' 




P ARIS — The announcement 
that China will sell off its 
state industries, made last Friday 
at toe 15th Communist Party 
Congress in Beijing, invites mis- 
understanding about China’s 
economic liberalization. 

The announcement has also 
fueled discussion of what some 
contend is China's irresistible 
ascent to regional and even 
global power, challenging 
America’s present standing as 
toe dominant military power 
and political influence in the 
Western Pacific. 

At the party congress, follow- 
ing what appears to have been 
considerable controversy within 
the leadership. President Jiang 
Zemin said that some 10,000 of 
the 13,000 medium- and large- 
sized enterprises owned by toe 
state will be sold. Sold to whom 
was not explained. 

President Jiang indicated that 
they would not be privatized but 
would go into “public owner- 
ship," a conception yet to be 
clarified. 

It would seem to suggest that 
shares will be created in these 
enterprises to be bought by other 
public or semi-public bodies, or 
possibly by the managers of toe 
enteiprises — although toe Lat- 
ter raises the danger of toe same 
kind of managerial confiscation 
of public assets that gave Russia 
its robber-baron capitalism. 
This cannot have escaped the 
attention of China's leaders. 

It is possible to suspect that 


By William Pfaff 


this devolution of stale own- 
ership is in fact a maneuver io 
shift responsibility from the 
state and party to more elusive 
and ambiguous targets when 
reform of these inefficient 
and money-losing enteiprises 
causes hundreds of thousands of 
job losses. More than two-thirds 
Of these firms are in deficit, and 
the aggregate losses increased 
by nearly 50 percent last year. 

The government appears to 
want takeovers, fusions and 
bankruptcy to sort this out. so as 
eventually to produce a small 
number of industrial-banking- 
marketing conglomerates on 
the model of toe big Japanese 
and Korean trading and man- 
ufacturing groups. Those are 
close to their governments, fol- 
lowing national industrial and 
trading strategies. 

Could such a change give 
China toe industrial dynamism 
of Japan and the other.capjralisr 
Asian economies [(notwitostand- 
•ing toeir current problems’)? The 
obstacles to China’s develop- 
ment are too often neglected. 

An important, indeed devas- 
tating, critique of toe forecasts 
that say China is becoming a 
superpower was written last 
year by a Hudson Institute ana- 
lyst, Robert Dujarric. He made 
hrs arguments again this sum- 
mer In a German foreign affairs 
journal, Internationale Politik 
und Gese Use haft. As neither his 


Hudson briefing paper nor toe 
German quarterly's text are 
likely to be read by many non- 
specialists. some of his argu- 
ments are worth noting here. 

It was toe impact and influ- 
ence of the West that destroyed 
Manchu China. Today "there is 
no way for China to modernize 
itself without increasing its eco- 
nomic and social intercourse 
with the capitalist world.” thus 
further undermining existing 
institutions. 

A decaying Communist 
Party faces an eventual succes- 
sion crisis internally, and the 
collapse of its legitimacy ex- 
ternally. The party is corrupt. 
So is toe bureaucratic system. 
This is uncorrec table so long as 
government legitimacy is on- 
restored and no mediating civil 
society and civil ethic exists. 
(According to one survey of in- 
ternational businessmen. China 
is toe fifth most corrupt of 54 
countries surveyed.) China 
(quoting a Chinese scholar) 
now is “a land of no faith.” 


reforming toe economy will 
give an answer that toe Chinese 
public and foreign investors are 
likely to find satisfactory. The 
sale of state corporations wor- 
sens this problem. 

Sixty -three percent of peas- 
ant farmers do not know the 
duration of toeir land rights. 

A huge rural exodus is taking 
place. The urban infrastructures 




Forecasts that say 
China is becoming 
a superpower gloss 
over much . 


Only money matters. 
China's 


and economic development ad- 
equate to support this do not 
exist- j ’ . 

The present scale of the econ- 
omy is usually vastly overes- 
timated because inappropriate 
purchasing power comparisons 
are made. Actual GNP is prob- 
ably less than SI trillion, as 
against Japan’s nearly $5 tril- 
lion. China's GNP per capitals 
S780 compared' to S38.000 for. 


's lack of law and ac- 
countability is a crippling 
obstacle. 

Sustained foreign investment 
and further development de- 
pend on reliable ana impartial 
legal systems. 

The problem of who owns 
what remains unanswered, and 
nothing in current projects for 


Japan. The qualitative industri- 
enne ' 


al and technological gap is 
vastly greater. 

There is no effective tax sys- 
tem (only 1 1 perceni of GDP is 
currently raised in . taxes) and 
there will be no such System so 
long as a private sector does not 
formally exist. The regime has 
no effective alternative method 
for raising revenue. "The ab- 


sence of a working tax system ish 
a huge obstacle to further pn> 
gress whose magnitude cannot-, 
be overestimated,”. Mr. Dujan;* 
ric writes. 

There are very great risks in. 
future rivalries among govern- 
ing factions (including ' the_ 
army), ethnic conflict (extend- - 
ing to ethnically related bo£l 
dering regions in Central Asia) 
and regionalism (even warlord- 
ism). Civil war is not unimaf" 
ginable. Nationalism, oh the' 
other hand, could produce' 
self-isolation and international t 
conflict . 

The country is militarily 1 
weak. Its army functions as 
internal political control instil 
tution. It has neither the sophist 
treated management and caro-’j. 
mand systems nor the* 1 ’, 
technological capacities of, sayfJ 
the Japanese or Taiwanese mil- 
itary, and China’s civil society 
cannot supply them. ; * 

The Singapore or Japanese-; 
political and economic models 
are irrelevant to China for rea J - 
. sons of relative scale, their cul- " 

: tural coherence and the political^ 
structures the former posses sed' - 
wben modernization began. •: 

There is more to be said, of*> 
course. The Chinese are an 
enormously talented people? 
with a rich and formidable nis-* 
tory. But toeir situation today is: 
much more difficult than is gen?r 
e rally understood abroad. 

International Herald Tribune. - i»T- 

© Los Angeles Times Syndicate. 


CIA at 50: America’s James Bonds Confront a Midlife Crisis 


W ASHINGTON —Like an 
aging rou 6 . toe Central 
Intelligence Agency marks its 
50th anniversary this week, 
celebrating its past more than 
its uncertain future. 

In ceremonies at the agency’s 
headquarters in Langley, Vir- 
ginia, we are apt to hear much 
about how, without the CIA, the 
United States would not have 
won the Cold War. No speaker 
is likely to suggest that the CIA 
missed the brass ring by failing 
to predict toe disintegration of 
the Soviet Union or that the 
Soviet Union collapsed of its 
own weigh l 


By David Wise 


The agency is struggling with 
lidlife crisis. Our James 


a midli 
Bonds have developed 
paunches, and like a lor of older 
folks, they tend to dwell on toe 
good old days and glide around 
the irksome question of whether 
toe agency has much to do now 
that its main adversary has left 
toe stage. There is plenty to 
occupy toe CIA, according to 
George J. Tenet, toe agency’s 
new director. He points to nu- 
clear proliferation, terrorism, 
drug trafficking and interna- 
tional organized crime as areas 
where America's spies are still 
needed. 

Some in toe agency feel that 
it has lost its sense of purpose 
and is adrift. But, as part of its 
effort to move into new fields, 
toe CIA has created a Coun- 
terterrorist Center, a Counter- 
intelligence Center, a Coun- 
ternarcotics Center and a 
Nonproliferation Center. Some 
CIA sources caution, however, 
that, in all of these areas, toe 
agency can only play a support 
role; it cannot, for example, ar- 
rest drug lords or terrorists. 

hi toe counterterrorism area, 
toe agency can point to some 
successes. It is said to have 
lured Fawaz Yunis, a Lebanese 
terrorist, aboard a yacht near 
Cyprus where the FBI arrested 
him and whisked him back to 
toe United States, where he was 
sentenced to 30 years in prison. 
The CIA helped to pinpoint 
Libya’s responsibility for the 


rorist Center, to alert U.S. ci- 
vilian and military leaders to 
terrorist threats. 

Agency officials say that 
eight times in toe past four 
years, the CIA has assisted law 
enforcement officials in captur- 
ing foreign terrorists for pros- 
ecution in the United States. 

In June, in its most spectac- 
ular coup, the CIA helped to 
track down Mir Aimal Ivans i, 
toe suspect in toe January 1993 
shooting outside CIA headquar- 
ters that left two dead and three 
wounded. 

Mr. Kami was captured in a 
hotel in Pakistan. Said a veteran 


The agency is seen 
by some as a 
sinister force that 
manipulates world 
events . Others see 
the Keystone Kops , 
a bunch that cant 
even make Fidel 
Castro’s beard fall 
out . 


to 1960, the CIA’s high-altitude 
U-2 reconnaissance plane, a re- 
markable technical achieve- 
ment, provided President 
Dwight D. Eisenhower with 
hand evidence dial the Soviet 
Union actually had relatively 
few intercontinental ballistic 
missiles at a time when Nikita 
Khrushchev was threatening to 
“bury” the West. The CIA’s 
photographs proved it was all 
bluster. 

In 1962, the U-2 provided 
President John F. Kennedy with 
proof of Soviet intermediate- 
range missiles in Cuba, And a 
handful of Soviet intelligence 
officers working as agents for 
toe CIA, men like Colonel Oleg 
Penkovsky. provided valuable 
military intelligence during the 
Cold War. 

Perhaps equally important, 
the CIA has gathered and ana- 
lyzed information for toe pres- 
ident and other policymakers in 


a dangerous and complex 
'L The agency was bom, 


i-tnya s responsibility for the 
bombing of Pan Am Flight 103. 
it created a Terrorism Warning 


naming 

Group, pan of toe Counterter- 


CIA officer: "CIA was there. 
The Kansi takedown would 
never have happened without 
CIA. The first guy through the 
door was an FBI man. But 
the CIA was standing in toe 
shadows when the takedown 
occurred." 

Despite such successes, the 
agency’s public image still ca- 
reens wildly between two op- 
posites. It is seen by some as a 
son of Darth Vader, a sinister, 
all-powerful force responsible 
for covertly manipulating and 
controlling worJd events. Oth- 
ers view the agency as the 
Keystone Kops, a bunch of 
Maxwell Smarts who can't 
even make Fidel Castro’s beard 
fall out (although they tried). 
The troth, of course, lies some- 
where in between. 

There have been some real 
accomplishments. From 1956 


world. w ^ t 

after all, in tfie ashes of Peari 
Harbor. Until ii came into being 
in 1 947. America had no central 
agency to try to make sense out 
of disparate information that 
might, if pulled together and 
analyzed, prevent another sur- 
prise attack. 

There have been notable fail- 
ures. too. Former director 
Robert Gates ( 1991-1993) and 
some other CIA revisionists 
dispute the notion that toe 
agency failed to foresee toe col- 
lapse of Soviet communism. 
But there is no dispute that 
Langley’s analysis have often 
flopped in predicting world 
events. The agency failed to 
predict toe 1973 Middle East 
war. India's acquisition of nu- 
clear capability in 1974 or the 
1979 overthrow of toe shah of 
Iran, to name just a few. Such 
events are difficult to predict 
but, in general, the agency 
prides itself on its analytical 
skills. 

In listing the CIA's accom- 
plishments over five decades, 
however, agency officials do 
not mention toe coven oper- 
ations that have so often caused 


toe agency and the United 
States vast embarrassment, 
from the Bay of Pigs to support 
for die contras in Nicaragua. 
There will be no hosannas this 
week for the assassination plots 
against world leaders, including 
the effort to hire the Mafia to 
murder Mr. Castro. Nor will the 
celebrants emphasize the CIA’s 
illegal opening of first-class 
mail in years past, its spying on 
American citizens during the 
Vietnam War or its infamous 
drug tests against unsuspecting 
Americans, at least one of 
whom died. 

In pan. the 50th anniversary 
hoopla is intended to focus at- 
tention on the agency and en- 
sure its future. Some ex-agency 
warriors will claim that toe CIA 
really did help to win the Cold 
War. Milton Bearden, who ran 
the agency’s covert operation 
against toe Soviets in Afghan- 
istan, insists that toe success of 
that effort "helped bring about 
toe collapse of the Soviet Un- 
ion. Within months of the with- 


■m 



never roll under Gorbachev^ 
The Hungarians cut the barbedt* 
wire, the Poles had elections* ( 
and threw out communism, the,: 
East Germans took to thej 
streets. The Czechs had their-' 
‘velvet revolution’ in Decem- 
ber and ir was all over.” .7; 

Whether toe CIA can be *7 
credited with all this, one over - 5 
arching fact must comfort theu 
retirees and officials gathering,: 
at Langley this week to cel- 
ebrate middle age. Given the 
self-perpetuating s kills of bu-j; 
reaucracy, toe CIA at 50, wifof 
an annual budget of more tharjrr 
S3 billion and some 17,000 em^i £ 
ployees, is unlikely to disappear_ * 
any time soon. 


The writer is author of j 
“Nightmover: How Aldrich i 
Arnes Sold the CIA to the KGB \ 
for $ 4.6 Million" He contrib- 
uted this comment to The Wash- . 
ington Post. ' 


IN OUR PAGES: 100, 75 AND 50 YEARS AGO 


1897: Mexico’s Money 

CITY OF MEXICO —The ses- 
sion of toe Mexican Congress 
was opened by President Diaz 
with this message: "The rev- 
enue for the financial year of 
1896-97 has amounted to about 
51,500.000 pesos, showing an 
increase of 1 , 000.000 pesos 
from last year. The sharp fall of 
silver has influenced the eco- 
nomic situation of the country, 
but toe Government is giving its 
attention to toe matter and is 
taking prudential measures.” 


discovered by the French. ; 
Every American who comes to ! 
Paris and participates in the , 
sanely joyous life of its people 1 
must return to his own country [ 
tenfold armed against the Pur- 
itamsm which oppresses us and * ^4 
which has lowered our in tel- ! r 
lectual prestige in the world.”’ ; 


1947: UN Veto Bypass ; 


1922: French Solution 


PARIS — “What chiefly as- 
tonishes and delights me in the 
public life of Paris,” said Mr. 
Michael Monahan, an Amer- 
ican author, "is toe temperance 
which marks the social habits of 
this wine-drinking people. lam 
inclined to believe tout the only 
effectua! way of solving the so- 
called liquor problem has been 


NEW YORK — Secretary of 
State Georoe C. Marshall threw I 
a bombshell into the UN General ; 
Assembly by proposing a stand- 
ing committee of the Assembly, 
to sit between sessions, which 
would to some extent bypass the 
Security Council veto. Slavic ; 
countries called toe proposal a • 
disguised amendment to the UN . 
Charter which would provoke a 
far-reaching crisis. Mr. Marshall • - 
attacked Russia for vetoing ac- ! 4r 
don on Greece, for preventing a 
solution of toe Korean situation 
and for failing to agree on aiom- 
ic-energy control. 



tit . -r- 


f>\. 


ii* 


A>'\ 


,;V- • 


fcV 



V: 

ts: 


K-C 

i;:: 


n&r. 

dEE:. 

ui-' 

031:1 

Ti- 


. • ‘ •>: 


0 .\T; 
■it:: 
T: r- 


■■ • ■ 

’a f •, 


BJ. 
Be. ; 

. 

lIE'p, 

>r’ 


Si 




... 

v : 


v. ^ 




k «i=: 

3* 

it-... 

ifi:-.- 

fcTi 

WSfe. 


Ti-'. 

4C r-’-. 

*%r.- 

IV:-.. 

:L. 

jK-"' 




-__v: 





f .»• -1 




E, WEDNESDAY, SEPTEMBER 24, 1997 


PAGE 3' 






INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


PAGE 9 


OPINION/LETTERS 


jI v 


' - fr 


L '■ 

" 

• ‘i. '• 

• 

* '*11. 
: *a 


. '--'I!.-;: 


^ U.S. Bellwethers Ring the Wrong Bells 




’’ * ,i 


I if?'} .... v 

■ lt si .\f-a 


fglectnl ; 


W ASHINGTON — The 
frenetic and unrepres- 
entative way we Americans 
select our presidential candi- 
dates should be consigned to 
the ash can of political his- 
tory. At present, activists of 
both parties in Iowa meet in 
the nation's first caucuses to 
stelect, unofficially, that 
state’s convention delegates. 
Reporters swarm; candidates 
spend; pollsters and pundits 
study campaign entrails. 

Eight days afterward, in the 
nation’s first primary, cosseted 
New Hampshire voters — 
each having shaken the hand 
of every candidate ai least 
three times — make or break 
candidacies. Thus do our tra- 
ditional “bellwether stales" 
determine presidential fates. 

But too often bellwethers 
ring the wrong bells. In 
New Hampshire in 1992, 
Paul Tsongas beat Bill Clin- 
ron and went nowhere; in 
1996, Pat Buchanan beat 
Bob Dole and then fizzled. 
And as Iowa goes, so goes 
the Farm Belt and that's alL 
1 The population of these 
two states is no sample of 
America. Nor do Hawkeyes 
and Granite Staters — Iowa 
and New Hampshire residents 
— worry about urban issues. 
Why should two small states 
— vulnerable to media blitzes 
by wealthy candidates or 
single-issue appeals by fringe 
candidates — have exclusive 
rights to “first”? 

- No tradition, especially 
one of recent vintage, justifies 
such warped local influence 


By William Safi re 


on selecting our candidates 
for national office. 

But hark — stealthily, at 
the 1 996 Republican Conven- 
tion, the lock that these 
two states have on “first” 
was removed. In an effort 
to lengthen the decision- 
making, bonus delegates 
were offered states that held 
primaries late. But in a little- 
noted move, the Republican 
Party also ruled that no state 
shall have its caucus or 
primary election before the 
first Monday in February. 

That rendered meaningless 
New Hampshire’s standing 
threat to move its primary back 
clear to Thanksgiving, tS nec- 
essary, to beat any challenger. 
Now — if Democrats go along 
— any state can tie for first 

The prospect of drawing 
national attention is dawning 
on state committees of other 
states. Mike Hellon, soon to 
be elected Arizona's state Re- 
publican Party chairman, 
said, “If we decide to go 
early, we’ll go earliest" 

In Delaware, which last 
year was denounced by New 
Hampshire for daring to come 
within four days of its primary 
primacy, the state chairman 
Basil Battaglia shows a lively 
interest in the first Tuesday in 
February , Similar sentiment is 
found in the caucus states 
Louisiana and Alaska. 

Aggravating New Hamp- 
shire’s problem of retaining its 
stranglehold is the likelihood 
of a campaign for president by 


its senator. Bob Smith. He’s an 
attractive conservative, a fresh 
face in the Qnayle-B uchanan 
wing, and his “Live Free or 
Die" political action commit- 
tee is being formed. 

-If Mr. Smith gets a serious 
national campaign going 
he won't be running as a 
favorite son, but will dom- 
inate the New Hampshire 
presidential primary much 
as Iowa’s Senator Tom Har- 
kin did in Iowa in 1992, or 
as Senator John McCain 
would in Arizona in 2000. 

Mr. Smith points out that 
New Hampshire's primary 
primacy should not preclude 
a state resident from running. 
(Had it been in effect in 
the last century. New Hamp- 
shire's Franklin Pierce would 
never have been president, 
and early ad men would have 
been denied “We Polk’d 
You in 1844, We'll Pierce 
You in 1852.") But most 
would discount its results. 

In primary reform, it takes 
three to tango — both parties 
plus the state legislature that 
sets the primary or caucus 
date. If Mr. Battaglia of 
Delaware can get his Demo- 


cratic counterpart to support a 
move to “earliest primary,” 
the legislature will go along. 

But will the Democratic 
National Committee in 
Washington? Its chairman, 
Roy Romer, stunned by a 
question not dealing with 
scandal. Hasn 't even thought 
about that yet. 

But I can’t see a national 
party going to court to over- 
turn a state's decision about 
its primary election date; 
it would infuriate the voters 
of that state. 

Why am I egging on 
these state chairmen to break 
up the Hawkeye-Granite 
axis? Not to front-load the 
primaries; far from it. 

The idea, pioneered by 
the South's Super Tuesday, 
is to move toward sectional 
primaries, with each region 
of the country to have its 
own month of exposure to 
national candidates. Every 
four years, each section 
would rotate into being first 

Sensible travel schedules; 
four full months before party 
voters decide; no stampedes or 
falling in love with a stranger. 
Primary reform beckons; who 
dares fail to try? 

The New York Tunes. 


Seeing Beyond Calcutta’s Squalor 


M UMBAL India — On Sept. 13, 
Calcutta buried its saint — and, it 
is hoped, its squalor. 1 was an un- 
abashed, perhaps even an unquestion- 
ing, admirer of Mother Teresa, but I 
never forgave her for making my 
hometown into a global metaphor for 
human degradation. 

Of course, she wasn't the first- 
She merely further encrusted the grimy 
mantle cast upon it by the filmmaker 
Louis Malle, who in turn had taken up 
Rudyard Kipling's colonial refrain of 
the “city ol dreadful night.” Domi- 
nique Lapierre then patronizingly con- 
verted that to "city of joy." 

Growing up in Calcutta, it was 
irritating to live in the shadow of this 
notoriety, not least because none of this 
damnation was untrue. Its custodians 
seemed hell-bent on perpetuating its 
reputation as “chance-erected, chance- 
directed." Three centuries after Job 
Chamock put his first boot-print on the 
mudflats of the sluggish river Hooghly . 
the city continued to defy both every 
i~i nnn of urban survival and every 
chronicle of death foretold. 

Roads were dug up with such ur- 
gency, ostensibly to repair antiquated 
underground utility pipes, that Calcutta 
appropriated the title of the autobio- 
graphy of the archaeologist Mortimer 
Wheeler, “Still Digging.” The 20- 


By Bachi J. Karkaria 

year-long construction of the Metro rail- 
road created disruption that was cata- 
clysmic even by the city’s impressive 
standards. And the Marxist government 
reserved the same disdain for roads as it 
did for capitalist drivers. Indeed, until 
recently, essential services were dis 

MEANWHILE 

missed as bourgeois indulgences, and 
the gloom of eight-hour power cuts 
outclassed Kipling's “dreadful night.” 

Calcutta continued to get unlimited 
extensions on its slum destiny as well. 
The starving who straggled in from the 
rural hinterland during the Bengal fam- 
ine of 1 943 were joined by the refugees 
of partition in 1947. Into this surging 
mass continued to flow tbe streams of 
those escaping the dead-end despair of 
impoverished v illag es. Calcutta re- 
mains the only metropolis in eastern 
India, and therefore the only hope not 
only for its four neighboring states, but 
rtisn for three sovereign countries — 
Bangladesh, Bhutan and Nepal. 

But to make squalor its unique 
selling proposition is to miss the whole 
point of Calcutta. 

Calcutta marches to a different drum- 


beat Here tbe usual parameters of urban 
aspiration are not defied, they are simply 
irrelevant When I used to work there, 
the clerk in my office was oblivious to 
the drudgery of his job and to the crush 
on the erratic commuter train to his 
gloomy tenement in a distant suburb — 
he transfigured the remains of tbe day by 
translating Bertolt Brecht into Bengali 
as soon as he finally got home. 

Congenitally, the Calcutta ns have 
developed safety valves against the kind 
of crippling degradation that, according 
to one sociologist, would have driven 
any other people to mass suicide. They 
have their football, their fish cuny and, 
most of all, their intellectual arrogance. 
Marchin g for two hours in a procession 
to demand justice in Bosnia is so much 
more satisfying than a mundane clamor 
for trains that run on time. 

Of late, Calcutta has begun surren- 
dering tHig unique quality. It is finally 
the proud owner of India’s only 
Metro railroad. It has a surplus power 
supply. Its potholes have been filled. 
With Mother Teresa has passed its 
obligation to be the wart of the world, 
the pustule of the planet. 

The writer, a senior editor and 
columnist at The Times of India, con- 
tributed this comment to the Interna- 
tional Herald Tribune . 


LETTERS TO THE EDITOR 




f > 


■ cieft 






Midlife Crisis 




i 


Hong Kong Replies 

_ Regarding “Stifling De- 
mocracy in Hong Kong" 
t Opinion , Sept. 9) by Robert 
Stone and Esther Lam: 

; Mr. Stone and Ms. Lam 
have put forward a conspiracy 
theory that since Hong Kong’s 
reversion to China on July !, 
the local authorities have been 
conniving to structure an ad- 
ministration and legal system 
designed to neutralize demo- 
crats and place power firmly 
in the hands of China. 

.The writers attempt to 
discredit the arrangements for 
elections in May next year. 
They talk about these propos- 
als as a “new system" that 
will allocate 20 seats through 
direct geographical elections, 
3D through functional con- 
stituencies and 10 through an 
election committee. 

'This composition was 
clearly set out in the 
Basic Law, Hong Kong’s 
constitution, which was pro- 
mulgated in 1990. It was the 
same combination used in 
the 1995 elections. 

In 1995, eligible voters 
from the general electorate 
were given a second vote for 9 
of the 30 functional constitu- 
encies. Under the new ar- 
rangements they will retain 
their general voting rights, but 
, the functional constituencies 
) will revert to traditional rep- 
resentation of particular 
groups in the community 
drawn from the business, pro- 
fessional and grassroots sec- 
tors. This system was first in- 
troduced in 1985 under the 

British administration. 

- The point being overlooked 
is that the May elections rep- 
resent an evolution ary pr ocess 
toward universal suffrage for 
the election of the legislature 
and the chief executive in con- 
formity with the Basic Law. 

. The government of the Spe- 
cial Administrative Region 
has no greater priority than the 
protection and preservation of 
^ die rule of law and respect for 


the independence of the ju- 
diciary. We categorically re- 
ject unsubstantiated claims 
that we are somehow trying to 
subvert die legal system to 
stifle tbe voice of democracy. 

THOMAS C.Y. CHAN. 

Hong Kong. 


The writer is director of 
Hong Kong's Government In- 
formation Services. 

Is Blair a Gorbachev? 

Regarding “Blair Praises 
Scots for Their 'Courage"' 
(Sept. 13): 

Prime Minister Tony Blair 
may well prove to be Britain’s 
Mikhail Gorbachev: a well- 
meaning, fuzzy- thinkin g re- 
former who unleashed forces 
beyond his control that even- 
tually led to the breakup of his 
country. A plausible scenario 
is not hard to imagine. 

First, the devolution of 
power to Scotland and the re- 
creation of a Scottish Parlia- 
ment lead, in a few years, to 
autonomy and then to inde- 
pendence. In parallel, the 
Welsh do the same. Faced 
with tbe de facto breakup 
of the United Kingdom, the 
Protestant Unionists of North- 
era Ireland make their peace 
with the Irish Republic and 
agree to a land of Irish fed- 
eration, outside the frame- 
work of the United Kingdom. 

Finally, the English, in 
the aftermath of the Princess 
of Wales's death and in 
the face of the royal family’s 
unpopularity, shuffle off 
their monarchy. 

We would now have four 
small countries located on 
two smallish islands north 
of the Continent. Such an 
outcome may be well and 
good for the inhabitants of the 
British Isles, but are they 
prepared to take the risk? Has 
Mr. Blair really contemplated 
what lies ahead? Mr. 

Gorbachev certainly hadn’t 
STEPHEN KLEIN. 

Heidelberg, Germany. 




i 


no 




The Energy of Synergy. 


As the newest business unit of Swiss Re, we re 
fortunate enough to employ some of the brightest 
sparks in our industry. And shrewd enough to 
turn energy into synergy by concentrating their minds 
on the most complex risk-financing problems. 

Our experts work side by side in multidisciplinary 
teams, creating tailor-made solutions for each client. 
We have developed a range of integrated risk 
management programs. Innovative strategies include 
sophisticated financial instruments for transferring 
risk to the capital markets. Or, our exclusive Multiline 


Aggregated and Combined Risk Optimization pro- 
gram manages efficiendy a company’s exposure to risk 
through a uniform financial treatment of differenr 
classes of risk. 

We draw reserve power from the extensive expertise 
and the global resources of the entire Swiss Re Group. 
Switch on the full power of reinsurance with a fax 
to +41 1 285 24 07 in Zurich or +1 212 317 56 28 in 
New York, or visit us on the Internet: 

www.newmarkets.swissre.com 

Swiss Re 
New Markets 







-C- 


. ":3i 
I,W “Di 
nt-Nc 


wf 

Tn tto 
M efi 

oi i«* 

S* Ifci 


PAGE 10 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


international 


Italian-Americans Lobbying UN for Their Motherland 


Joan M. Goshko 

tVa ^»gton Post Service 

Jtaw, Ok UniteJ 

protesting a 
give permanent seats on 
™ P° we rftil Security Council to Ger- 
“^Japaa, bat not Daly. 
o^T™ 8 °f civic organizations who 
7“ mey represent 22 nrillion ftalian- 
came here to launch an ini- 
“»ve that they called “Operation 
Justice for Italy in the UN. “ 
ft aims to collect thousands of sig- 
1181,1168 on petitions demanding flat 


President Bill Clinton abandon the plan 
or, if he refuses, urging the Senate to 
block its approval* They hope to present 
than to the White House on Ocl 13. 
Columbus Day. 

Diplomats seemed bemused by the 
passion behind the initiative, which led 
supporters to hurl such terms as “blatant 
insult” and “slap in the face to Italy" at 
■what might appear to be an obscure UN 
matter far removed from the concerns of 
most Americans. 

But die issue is a reminder of the 
varied difficulties standing in the way of 
reforms that many governments believe 
are necessary to make the United Na- 
tions better able to cope with the chan- 
ging circumstances of a new century. 

Most calls for reform pul a high pri- 
ority on the IS -nation Security Council, 
which is the most powerful UN body 


INTEL: Chip Trashes Computer Axiom 

Continued from Page 1 Yet, not all experts necessarily 

w u,i_ ^ __ , . , . prospect of ever-shorter product 

Si* ani ;52 ~ n:ie g a bit dup would cost — inexorable as die trend may be 

* IJ.W.J rwn'Hvo tr»»nrf 


Such chips could eventually make 
m eg w ay not cmiy into more powerful 
bat also into ever smarter 
^encs, televisions, automobiles and 
au me other increasingly computerized 
consumer convaniences. 

To cite but one potential example, the 
new Intel chip could bring a fourfold, 
increase in the recor ding and playback 
tune in the hand-held digital voice re- 
corders now popular for dictation and 
audio note-taking. 

Intel said that the new chips could 
store not one but two bits of information 
on each tra nsi sto r , ess entiall y doubling 
the storage capacity of even the most 
transistor-rich chip. 

It takes tiie equivalent of eight bits to 
produce an alphabet character in com- 
puter text. 

Moreover, Intel engineers said they 
believe that they have not reached the 
limits of this new technology and that in 
the future it may be possible to build 
chips that can store and retrieve three, 
four or even more bits on each tran- 
sistor. 

“The holy grail for memory has been 
finding a way to store more than one bit 
of memory per unit area," said Stefan 
Lai, director at Intel of the development 
and manufacturing of so-called flash 
technology. “It has been extremely dif- 
ficult to do this.” 

Flash memory is die name of the new 
chip and refers to a type of chip that 
already has broad applications in the 
computer and c onsumer electronics 
marke ts. Such chips, which can store 
information even while the power is 
switched off, are used as permanent stor- 
age devices that include personal com-, 
puters, video games and pocket cellular 
phones. 

“This is really quite impressive," 
John Hcnnessy, dean of Stanford Uni- 
versity’s school of engineering, said of 
Intel's development 


MINES: U.S. Abandons Its Campaign 

Continued from Page 1 The text is set to be adopted without a 

vote Thursday, with a formal ceremony 
“I’m proud of die governments who following on Friday. On Dec. 3, the 
stood up to the onslaught of the re- process will move to Ottawa, where as 
maining superpower, coming in and many as 100 countries will sign the 
pushing and shoving to get its way.” treaty. Ratification by individual mem- 
Representatives of the Canadian gov- ber states wifi follow, and die treaty wifi 
eminent, which led die treaty process at - enter into force when 40 countries have 
its start 14 months ago, popped Cham- ratified it, probably within two years, 
pagne corks and smiled for photograph- Treaty signers wifi have up to four 
era in the halls of the conference center years from then to destroy their un- 
here, joining the celebratory atmosphere deployed land mines and np to 10 years 
among delegates that followed the U.S. to clear areas that have been mined, 
withdrawal of its compromise proposals Mines triggered by the weight of 

at midday. vehicles, like tanks, will not be affected. 

Those that kill some 25,000 people a 
1 ' " year, most of them civilians ana many of 

Tvi7tri'pT>r| , l171> them children, will slowly begin to dis- 

| f Ij It X JEjJDl: appear, at least in the countries that will 

» T j i.i. have put their names on the treaty. 

4fO llOW and Ailing Sources in Oslo said that Australia, 

° Poland, Ecuador, Japan. Spain and 

Continued from Page I Kuwait, for a variety of security in- 

terests, were among the countries that 
deserter, the Marine Corps gave Donald might not be parties to the treaty. 
Bailey, a former corporal, a bad-conduct A treaty provision designed for the 
discharge but spared him any time in poorest countries, where mines laid in 
prison. wartime remain major killers — Angola, 

y But Mr. Bailey's case is different in Afghanistan and Cambodia are the most 
one key respect — he turned himself in commonly mentioned ones — allows an 
voluntarily after 25 years in Canada — extension of that 10- ten year period to 
and both Lopez and Captain accommodate the financial expense of 

i icigrlci noted that each desertion case removing them, 
was judged individually. The international ban campaign es- 

In Winnipeg, where Mr. Caudill has timates the cost at $300 a mine and the 
lived sinceshoitly after he fled, his wife, number of extant mines at 10 million, 
three daughters and two granddaughters Last week, the United States with- 
await fearfully for word of his fate. The drew its efforts to amend the treaty with 
decision on what charges to bring and a special waive- for U.S. anti-personnel 
whether to seek a prison sentence wifi be mines deployed along the demilitarized 
made by the commanding general at zone in Korea. Instead, in a test-ditch 
r,mn Pendleton. effort to find a way to make the treaty 

Mr Caudill’s attorney said he was text acceptable, Washington floated new 
hopeful that the corps would not seek to proposals that did not mention Korea but 
imprison his client, adding drat he had no that covered Korea-specific conditions 
indication Mr. Caudill deserted because and eventualities, 
of opposition to the war or any other - 

political motive. 

Bom in Oklahoma and reared m Ohio, 

jrtr. Qa^dill joined die Marine Corps in 
1966, fresh from high school. He fin- 
ished basic training, infenny training 
and advanced communication training. 

In Canada, Mrs. Caudill said, I al- 
ways knew why kw came here, and I 

a college degree in 
ncvehdloxY in Ca n ada. He worked as a 
m«hank until arthritis 
disability retirement 
H6 bad visited bis ttangbiar w Van- 
JS £ Bland w&en, *”*£“*“? 

took them into Washington, 

fi? detained white trying to re- 
or feny at Port 

to avoid 

V * hf wmSTbave been 

mihtHy iJf^Umnnestv granted by Pres- 

Sd«*d£ ago. 

ident Jinm^Cfflror deserte<i ^ 

Military Gord Wagner, in an Augus 

^covered by that act 



because of its responsibility for dealing 
with threats to international peace ana 
security. Each of its five permanent 
members — the United States, Russia, 
China, Britain and France — has the 
power to veto any council action. The 10 
other members, who have no veto, are 
elected from different regions for two- 
year terms. 

For several years, the United States 
has advocated giving permanent seats to 
Germany and Japan, two postwar eco- 
nomic superpowers, on the grounds that 
their membership would better reflect 
contemporary realities and encourage 
them to play a greater financial and 
political role in UN affairs. 

But Third World countries, a majority 
of the UN membership, have refused to 
back the German and Japanese bids unless 
they too get permanent council seats. 


Even if the members agree, however, 
several major obstacles would stand in 
the way of such a plan. For one, there is 
no consensus on whether the new per- 
manent members should have veto 
power. Also, intense rivalries among 
Third World countries seem likely to 
thwart agreement on which would be 
chosen for die permanent seat from each 
region- 

while these are foe problems chat have 
attracted foe most attention, an addi- 
tional discordant note has been sounded 
by Italy’s insistence that, as a major 
financial contributor and player in UN 
affairs, it is entitled to a permanent coun- 
cil seat. 

In particular, Italy’s chief delegate 
here, Francesco Paulo Fulci, has asserted 
that Germany seeks permanent mem- 
bership as part of a plot to isolate Italy 


and reduce its influence in Europe. 

Mr. Fulci's arguments have not at- 
tracted much attention among advocates 
of Security Council reform. 

Whether that wifi be changed by foe 
Italian -American initiative is not clear. 

The campaign was organized by three 
umbrella groups — foe National Ethnic 
Coalition of Organizations, the Coali- 
tion of Italo- American Associations and 
the Conference of Presidents of Major 
American Italian Organizations. 

“Excluding Italy in a Security Coun- 
cil reorganization would relegate it to 
permanent second-class status, and pos- 
sibly lose foe resources of this valuable 
ally,” said William Denis Fugazy, 
Chairman of foe E thnic Coalition. 

“Italian- Americans would rather see 
no Security Council expansion than a 
plan that excludes Italy. ’ 


Yet, not all experts necessarily see foe 
prospect of ever-shorter product cycles 
— inexorable as foe trend may be — as a 
positive tread. 

‘ ’We are running the risk of producing 
more technology than foe world can 
adapt to,” said Dan Hutcheson, pres- 
ident of VLSI Research, a Silicon Valley 
research and consulting firm. 

The transistor is the basic unit of 
information storage on a computer chip, 
one digit for each transistor. Today, In- 
tel’s most densely packed chips can con- 
tain 32 million transistors. 

Moore’s Law also predicted that even 
as the power of computer chips would 
continue to grow significantly, their cost 
would fall at a spectacular rate — so 
much so that a single transistor, which 
sold for $70 in the mid-1960s, can now 
be bought for less than a millionth of a 
cent 

Remarkable as it may seem, this law 
has held for 32 years, as the mainframe 
begat the minicomputer, as the mini 
gave way to the PC and as chips have 
made their way into virtually all parts of 
modem electronic life. 

As with many technological break- 
throughs, the new Intel approach, known 
as “multilevel cell” flash memory, is 
actually based on a simple idea. 

Conventional semiconductor 

memory drips store the ones and zeros of 
digital computer code as tiny electrical 
charges.To“read"aoneorazero 1 each 
representing a digital bit, foe chip’s cir- 
cuitry determines only whether a charge 
is present or absent in foe transistor — 
whether the glass is empty or full, in 
other words. 

But the new multilevel flash memory 
technology is able to go beyond ' ‘empty’ ’ 
and “full” readings, to also sense wheth- 
er the glass is two-drirds foil or one-third 
full. Those four distinct states yield foe 
equivalent of two bits of data. 

Intel engineers predict that even 
subtier gradations may soon be possible, 
yielding even more bits with each tran- 
sistor. 

Despite being foe world's largest chip 



On l^akiryfl'lic A«oclKnlPre« 

UNDER TOW — A taxi man pulling his fare through a flooded Phnom Penh street Wednesday. The city’s 
colonial-era drainage system needs repair and cannot keep up with downpours in the rainy season. 


maker. Intel is not foe first company to 
pursue research in multilevel flash 
memory or even to develop commercial 
products involving foe technique. 

For example, a smaller Silicon Valley 
company. Sandisk Corp., is already 
selling a similar system for increasing 
the storage capability of flash memory 
chip technology. But Sandisk's system 
so far requires several chips, meaning 
that it does not yet have foe potential 
data-storage and cost-saving advantages 
of Hotel ’s single-chip approach. 

But as Eli Harari, Sandisk's president, 
contends, the various new approaches 
represent a new paradigm in the chip 
world, in which improvements no longer 


depend solely on squeezing more tran- 
sistors onto a chip. 

4 ‘ What we are saying is that there is an 
alternate path that allows you to get a 
jump on Moore's Law,” Mr. Harari 
said. 

■ Lucent Goes Networking 

Lucent Technologies Inc. unveiled 
new computer-networking products, in a 
bid to establish itself in the rapidly grow- 
ing market for equipment that connects 
computers to each other, Bloomberg 
Business News reported from Murray 
Hill, New Jersey. 

In the first quarter of next year, Lucent 
said it will begin selling the MX 1000, a 


switch that it says can move information 
through computer networks at speeds of 
up to 10 billion bits a second. 

With growth rates of 30 percent to 50 
percent a year, the networking industry is 
growing faster than foe market for tra- 
ditional telephone equipment Already 
one of the world’s largest makers of 
phone equipment, Lucent may pose a 
threat to -existing makers, of computer- 
networking equipment, analysts said. 

- Lucent also said that next yedr it will 
begin selling a smaller ■switch aimed at 
single-site office .networks, access 
equipment for linking telephone lines to 
computer networks and software to help 
companies manage their networks. 


SMOKE: 

Clinton Proposals 

Continued from Page 1 4 

Mr Clinton said he would invite lex- 
ers of both political parties to jornja 
drafting “sweeping legislation to afl 

*KS«*5» th= 

was guarded A statement from“ e n* 
jor companies said that foe 
mem between foe industry andi sate *- 
toraeys general “still represents t6 
most achievable balance. . . 1 

But it said foe industry would wogc 
constructively with foe Congressand foe 
president to build upon foe histone ac- 
complishment of that agreement. . 

Tobacco stocks were largely unaf- 
fected by Mr. Clinton's proposals. 

In June, news of *e tentative settle- 

ment had boosted tobacco shares; the dMi * 

calls for foe companies to pay billions pt 
dollars to settle past legal claims. 

John Coale, a Washington lawyer 
who helped negotiate the June settle- 
ment and who stood alongside Mr. Clin- 
ton at the news conference, said he ukecj 
the president’s proposals “very much 
and did not think they would block ef- 
forts for congressional approval. - 

“The demands he made, said Mr. 
Coale, who represents plaintiffs in class- 
action lawsuits against foe tobacco in- 
dustry, “were within foe ballpark — 
totally within the ballpark — of what 
we’ve all been negotiating. I. think we 
can get there.” 

• Mr. Clinton said Wednesday that his 
chief priority was to protect young 
people from foe effects of smoking, and 
he named Vice President AJ Gore to . 
head a campaign for public support for 
his proposals. 

Mr. Clinton called on the House of 
Representatives to follow foe lead of the 
Senate and repeal a provision that had 
been inserted into the budget bill that 
would have given the tobacco industry^ 

$50 billion tax credit. The House did just 
that by a voice vote as Mr. Clinton was 
speaking. 

Even if Congress postpones making ' a 
final decision on foe tobacco agreement, 
the cigarette industry is not likely to see 
any easing of public pressure. It faces 
important lawsuits in Texa?, 
Pennsylvania and Minnesota. 

Since that settlement was announced, 
it has come under increasing attack, 
mostly from those who wanted a tougher 
approach. Some Clinton aides were con- 
cerned that it would have seriously lim- 
ited the authority of the Food and Drug 
Administration to regulate nicotine. _ 

By calling for a substantial reworking m 
of the June settlement without offering a r 
legislative roadmap for doing so, Mr. 
Clinton has lessened chances of speedy 
: congressional action. 

There appears, however, to be im- 
portant support in Congress for the idea 
of increasing cigarette prices. 

Senator Edward Kennedy, Democrat 
of Massachusetts, said he would support 
such an increase, as did a prominent 
Republican senator, Richard Lugar of 
Indiana. 

A Lugar spokesman said that many 
other Republican leaders agreed. 



•' N' 

nr .- 

th i 

# t 

!": i 

L \ 


• j.: * 

New U.S. Visa Law EMU: A Sea Change Is Occurring in British Attitude on the Euro j 

W/'lj fwanfA TTovno Continued from Page 1 omist at Goldman Sachs International in hesitant in much of the Continent, mean- 

W III LiCalC HaV(K^ London, wrote Monday in the Jjadepend- while, with joblessness stuck above 1-1 

“If a government as popular as this ent newspaper. He was referring to the percent in Germany, France and Italy, 
r an fl flian q Sav government were to put this to a ref- Conservative leader, William Hague. and official German interest rates his- 

uouauuuin erendum with a strong recommendation Timing is crucial, however, because torically low at 3 percent 

that we join, I am quite certain they in contrast to the impressive cqnver- 
would win,” said Richard Partes, di- gence of economies on foe Continent, 


The Associated Press 

TORONTO — Canadian diplo- 
mats ate turning bellicose in a cam- 
paign against a new U.S. immigra- 
tion law they say will create severe 
backlogs at border crossings. 

Canadians would be forced to 
wait hours at foe border whether 
they were embarking on a Florida 
vacation or a quick shopping trip to 
Buffalo. Canadian officials said. 

The U.S. law, passed by Con- 
gress last year, would require all 
foreigners to fill out visa forms upon 
entering foe United States, starting 
in September 1998. Currently, Ca- 
nadians are exempt from visa re- 
quirements and most simply answer 
a few verbal questions before cross- 
ing foe border. 

Attempts to exempt Canadians 
from the new law have failed, and 
Canadian officials this week aban- 
doned quiet diplomacy. 

“Frankly we are alarmed, dis- 
appointed and just a little frus- 
trated," Doug Waddell, deputy 
head of mission at the Canadian 
Embassy in Washington, said in a 
speech to U.S. businessmen. 

Canadian officials say the law runs 
counter to many initiatives aimed at 
streamlining border formalities. 

Under foe legislation, each visit 
to foe United Stares by Canada’s 29 
million residents would require 
filling out a visa form. Canadians 
annually make 76 million visits to 
the United States, according to foe 
latest statistics. 


omist at Goldman Sachs International in 
London, wrote Monday in the Independ- 
ent newspaper. He was referring to the 
Conservative leader, William Hague. 

Tuning is crucial, however, because 
in contrast to the impressive conver- 


rector of foe Center for Economic Policy 
Research. 

Already, signs of a softening-up cam- 
paign are sprouting. Gordon Brown, 
chancellor of the Exchequer who is 


Britain’s business cycle remains notably 
out of step. Benefitting from foe com- 
petitive boost of foe 11992 devaluation, 
foe British economy is now in its 5th 


hesitant in much of the Continent, mean- 
while, with joblessness stuck above 11 
percent in Germany, France and Italy, 
and official German interest rates his- 
torically low at 3 percent I 

In theory, foe two trends should con- 
verge in foe next year or two as Britain’s 
economy slows down while Germany 
leads a Continental upswing. But there 
are do guarantees when that wifi occur. 
And shaped by their own painful ex- 


year of expansion. Unemployment fell perience of 1992, Britons are mindful 


widely regarded as foe leading Labour sharply to 5.3 percent in August, the drat monetary union could collapse at foe 
advocate of the single currency, con- government announced Wednesday. last minute if Germany gets cold feet 


advocate of the single currency, con- 
vened an advisory group of business and 


government announced Wednesday. 
And foe Bank of England has driven 


consumer groups on monetary union last short-term rates up to 7 percent to blunt 
week and called for a broad, public de- inflationary pressures. 


bate about membership. 

Foreign Secretary Robin Cook, con- 
sidered the euro-skeptic, has promised 
an announcement before the end of foe 
year, when Britain must inform its EU 
partners if it wants to be considered for 
monetary union at foe outseL 

The betting in political and financial 
circles is that Mr. Blair will keep Britain 
out in 1999, but make it clear that he 


The recovery is younger and more 


last minute if Germany gets cold feeL 
As a result, Mr. Hughes predicted that 
foe government will wait to see that the 
euro is safely launched before commit- 
ting Britain to join. 


WALES: Enthusiasm Low on Eve oflbte 

Continued from Page 1 of Scottish politics, but it isn’t in Wale 


Mr. Blair campaigned in northern 
Wales — an area of resistance — on 


favors entry when economic conditions Tuesday, hoping to use his personal pop- 


are ripe. An announcement could come 
as early as the Labour Party annual con- 
ference next month. 

Such a strategy could preserve British 
influence over foe setup of monetary 


ularity to build support for foe new as- 
sembly. It was his third visit to Wales, 
and coupled with intensive campaigning 
by other officials in his government il- 
lustrated foe sense of nervousness on the 


union, particularly in foe first half of part of proponents that the referendum 
next year when Mr. Blair will chair foe may not produce an enthusiastic show of 
EU summit meeting foal picks foe support, even if it wins approval, 
launch countries, while retaining leeway The relatively qu iet campaig n reflects 
over the timing and exchange rate of the foe ambivalence of a region that has little 
pound’s eventual entry, analysts say. of foe sense of national identity of Scot- 
“Nothing would give the inclusive land but nonetheless maintains its own 
Mr. Blair greater pleasure than to align cultural identity and nurtures the pne- 
himself with British business, and then servation of a separate language. 


of Scottish politics, butit isn 't in Wales,'' ’ 
said Mari James, one of the leaders of foe 
“Yes for Wales" campaign. 

Scottish voters made much of the fact 
that they once had a Parliament that was 
merged with England’s in 1707. In A 
Wales, foe memories of a legislative ' 
body that briefly existed in the early 15th 
century are hazy. Nor is there a Wallace- 
like figure from history to stoke the fifes 
of nationalism. 

The Blair government's proposal for 
Wales is a scaled-down version of what 
Scotland's voters were offered. The 60- 


see his new combination defeat Mr. 
Hague's isolationist Tory Parry on the 
critical question of integration with 
Europe," Gavyn Davies, foe chief e con- 


land but nonetheless maintains its own Scotland’s Parliament, it would not have 
cultural identity and nurtures foe pro- power to raise or lower taxes, 
servation of a separate language. But proponents claim the assemhlv 

Welsh language schools in southern would result in vesting more newer in 
Wales, for example, are oversubscribed, elected representatives and reducine the 
but foe nes with England remain strong, power of appointive organizations known 
“Independence is on the political agenda as quangos that have sprung up over the 

- test d ecade. The assembly would have foe 

autoty to^determine the distribution of 

1 11 Colleagues fbrw^byto^S^ 



h i* ■ 

ji 

let- 

_! 

■■•i es 


' '< es 1 ' 


v es " 

ii 

3T. ' 

'j 

- he . 

. 1 

: af ■ 


BOSNIA: Crash Kills German Diplomat and 11 Colleagues 

Continued from Page 1 summon a doctor to ihe crash sirs about approaching the helicopter, he added, dll' British PariiamejrTs ■ ^ 

90 minutes after they saw the helicopter Mr. Wagner’s first posting after join- Welsh interests • TOUJe 10 

rajevQ. According to a survivor, foe plunge into a chasm. Dr. Damir Jaganjac ing the German Foreign Ministiy in They also argue that it would f 
weafoa was fine when they left Sarajevo, of foe hospital in foe nearby town of 1 97 1 was in Belgrade, then capital of the first time eive WhIm rorrhe 


rajevQ. According to a survivor, foe plunge into a chasm. Dr. Damir Jaganjac 
weafoa was fine when they left Sarajevo, of foe hospital in foe nearby town of 


but they encountered “dense fog” west Fojnica said he found 11 burned bod- 
of Fojnica, 35 kilometers east of Bugo- ies. 

jno, said a UN spokesman, Liam Me- One man in uniform rescued from the 
Dow all. wreck was burning as doctors carried 

“They attempted to gain altitude, but him on a stretcher, Dr. Jaganjac said, 
ran into a mountainside,” Mr. Me- Having no waier, they had to rip open 
Dowall said. plastic bags containing glucose drips he 

The helicopter, likely an MitiHIP, was carried in his emergency kit to try and 
leased to the United Nations from douse foe flames, he added. 


of foe hospital m foe nearby town of 1971 was in Belgrade, then capital of the 
Fojnica said he found 1 1 burned bod- former Yugoslavia, and he was fluent in 


Ukraine, said another UN spokesman in 
Sarajevo, Alexander Ivanko. 

. . i* v.*" 1 1 l.i: 


They also argue that it would, for the 
first ume. give Wales the choice to 

ies - . _ Serbo-Croatian. 

One man in uniform rescued from the After a spell in Beirut, he turned to younger peoole the a!mk g,ve 
wreck was bunting as doctors carried nuclear arms and NATO affairs. not moveWay 10 leadT.rrT^n"^ 

fom on a stretcher. Dr. Jaganjac said. It was the worst accident involving As a forerurmer of J bveii - 

Having no water, they had to np open envoys in the Balkans since April 1996, have in mind for reriomilpL* m ay 
plastic bags containing glucose drips he when a plane carrying the U.S. com- in parts of EnelanH m rh*. J*® verniTle nt.s 
earned in his emergency kit to tty and merce secretary, Ron Brown, plowed be more tynicS ofthZ Ei? 1 ??’ 11 
douse foe flames, he added. into a mouotaii near Dubrovnik. Croa- mem u*2E SS-f 11 e "W- 


t: sfv. 

;• i'J = -?• 
• tin** 

m 


A witness, Halid Huskic, said vil- 
lagers saw the chopper come down and 


—- ~ — -lopper cc.^ w> u wmns aooaiu wore nuw. minister, tried to raiiv 

According to Mr. Kinkel, *e hell- ran to the chasm. Hearing shouts, they in New York, foe UN secretary-gen- Wednesday hv SrSSLS? port m w a ]^ 
oter ailot told rescuers that "when be clambered down and saw four uni- mnl KTrifi Annin smc “dmeteiw greater (Wl 


into a mountain near uuotoviuk, \-roa- mem upon which he has pmhaX 
tia, in a heavy storm Mr. Brown and 34 JohnPfescom RrinSf*? 5™* 1 - 

others aboard were kUied. mdSrS^® n u “ n „ s n *P“? Pr 


^OwIrEnM/ntatMnaMrini 

Gord Wagner, in an August photo. 


niuuuumiauAigmiuuuuiw ex- rrea fccxnaro. in w asnmgion, rresioent democratic chance 
Residents of this mountain village plosions — caused either by fuel or Bill Clinton called foe crash “a terrible power down miff We thi- 
perched above an stipine lake managed to amraunmon — prevented anybody from thing ” (AP, Reuters) decisions,” IW&. SSJSotlt 'saSd” 1 ^* 


mm , 1 


- 


u 9 1 j 



* j 








| .- I . • !' 


Knu^il’l A N 

FORUM 


World Press Group 


.crai&_,^i^SnbuiK 


Newsweek 

TIME 


Fine lit on .44 tO’ 181 340 5 S 82 or *orit 3 pressgroi’p:?m$n.com 


WEDNESDAY* SEPTEMBER 24, 1997 


PAGE 3' 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


PAGE 11 


l ° n Pr 0t 

•Mr Cl,, . . 


HEALTH/SCIENCE 


Is Menopause 
A Key to Survival? 

The Grandmother Hypothesis 


By Natalie Angier 

New York Times Service 


pyta rivularis. a nocturnal tree frog that has not been seen since 1993; Dr. Karen Ups with frog specimens at St. Lawrence University. 


ect in Mystery of the Dying Frogs 


By Sandra Blakeslee 

New York Tunes Service 


EW YORK — When Dr. 
Karen Lips trekked deep into 
the Panamanian rain forest 
s - — hist Christmas to continue 
liter field study of tree frogs, she found a 
. cb unifying scene: Dead frogs were 
Zj (everywhere. 

“I’d go in the morning and see them 
.'sitting on the ground along the stream, *’ 
'Said Dr. Lips, assistant professor of bio- 
•iogy at Sl Lawrence University in Can- 
■ ion. New York. ‘ ‘They looked perfectly 
. alive, as if they were asleep." But their 
•color was faded, and when Dr. Ups 
.-picked up the dead animals, they felt 
hard and leathery, as if they had been 
''turned into stone by a wicked witch. 

Dr. Lips picked up 50 dead frogs 
: representing several species, froze 30 of 
'them and put the others in fo rmalin, a 
. preservative, and sent them to a veter- 
inary pathologist in Maryland for ex- 
amination. What he found may offer a 
.vital clue to a profound global mystery, 
•i Frogs and toads have been disappear- 
-ing worldwide for IS years, most often 
from habitat destruction or from ag- 
-'■dculturaJ pollutants. But why they have 


been dying in near pristine environments 
in Central America and other protected 
highlands had remained unknown. The 
Panamanian frogs, it turns out, had been 
attacked by a protozoan that may also be 
killing frogs elsewhere. 

Despite widespread frog deaths, this 
is the first time that a field biologist has 
come across a large number of frogs in 
the process of dying, said Dr. David 
Wake, an evolutionary biologist at the 
University of California in Berkeley and 
authority on amphibian extinctions. In 
the tropics, dead animals are imme- 
diately consumed by ants, bees and oth- 
er creatures. 

But now the detectives had finally 
found a corpse. Dr. Earl Green, the 
pathologist who examined the bodies, 
said in a telephone interview: “They 
appeared normal internally and extern- 
ally. 1 could find no evidence of wide- 
spread viral, bacterial or fungal infec- 
tions. But it looks like a protozoan of 
some sort had infiltrated their skin." 

Dr. Green said the identity of the 
protozoan remains unknown, although it 
resembles a pathogen that kills oysters in 
Chesapeake Bay. Because amphibians 
breathe and drink water through their 
skin, the skin damage caused the frogs to 


suffocate and dehydrate, he said How 
long the process takes is not known, but 
since entire populations can disappear in 
months it is not a lingering disease. 

Dr. Lips and others believe that the 
lethal protozoan is sweeping across Cen- 
tral America in a “death wave" moving 
through the mountains, from one range 
to the nexL Biologists conjecture that the 
disease first broke out in the Monteverde 
Cloud Forest Reserve in northwestern 
Costa Rica in the late 1 98Qs. ft has since 
moved south and east into Panama and 
may have traveled north into Nicaragua. 
In July, a tourist found dead and dying 
frogs on an island in the middle of Lake 
Nicaragua, but none of the animals were 
preserved for autopsy. 

I N a finding that only serves to 
deepen the mystery, Australian 
biologists last year reported that 
they believe a similar “death 
wave" killed amphibians in the lush 
mountain forests of Queensland in the 
1980s and 1990s. They suspected a vi- 
rus. But when Dr. Green recently shared 
his slides of Panamanian frog skins with 
an Australian pathologist, she sent him 
e-mail saying what he had found was 
exactly what she was seeing in dying 


Anger, Panic at Diet Drug Recall 


. By Carey Goldberg 

New York Times Service 


OSTON — They know. They 
know that the drugs would 
not have been recalled 

, lightly. But still, among the 

millions of American dieters who had 
seen Redux and the fen-phen combin- 
ation as the weight-loss magic they 
crave, there were voices expressing a 
loss of hope, and even sparks of de- 
fiance. 

"If they sell them in Canada, HI 
.'drive up there and come back with a 
carload of them,” saidMarienaBendLa 
-■65-year-old woman in Hoffman Estates, 
Illinois, who has struggled with her 
-weight all her life and recently lost 70 
« pounds (32 kilograms) on ftsn-pben. 
;; ‘There are people who can’t live with- 
t out those drugs. For me, fen-phen is an 
. alternative to dying." 

- For the obese and for those trying to 
\ respond to the dictates of a weigbr- 
-obsessed culrure, the struggle to lose 
weight often means weighing health 
.risks against the chances of losing 
•t .weight 

The response to the recall of fen- 
fluramine, or Pondimin, and dexfen- 
fluramine, or Redux, highlighted the 
“Ifeptb of frustration that makes many a 
dieter willing to risk whatever it takes if 
only, only he can stop being fat 

So intense can meters’ desire for 
“pharmaceutical hand-holding become 
-that some doctors said they had to stone- 
wall outraged patients who insisted on 
; being prescribed the pills, recall or no 
-recall. 

nil Dr. Robert S. Nierman. an obesity 
.'specialist in Lexington, Massachusetts, 
r isaid a patient “came in today, knowing 


what happened yesterday, and said, T 
want my fen-phen back.* I said, ‘You 
could die from heart disease’ and she 
said, T want it anyway.’ ■” 

And one Boston weight-loss clinic 
official said that a patient had mice 
warned her that if doctors here would 
not prescribe her the fen-phen she 
wanted, she knew a doctor in New York 
who would. 

“And I thought, boy, this was like 
going to New York for an abortion," 
said Patricia Nelson, associate director 
of Feeding Ourselves, a hospital-affil- 
iated treatment program for binge eating 
disorders. 

“That’s a real testimony about how 
panicky people are about the issue," she 
added 

Panicky, and sad — for though the 
drugs caused cardiological disaster for 
some, injuring their heart valves, they 
brought prospects of the slimness of 
fantasy to others. 

“It’s almost like, throw it out there 
and give people hope, then yank it 
away,” said Maureen McNulty, a pa- 
tient of Dr. Nierman ’s who bad been 
losing weight on a program of drugs and 
behavior modification since March. 

Andrew Rudnick, who founded a 
chain of five fen-phen-based weight- 
loss clinics around Boston last year after 
he lost 60 pounds on die combination, 
said that he bad been “looking at fen- 
phen when it. first came out as die mir- 
acle pill that would change my life. And 
it’s sort of like finding out that Santa 
Claus isn’t real, you know?” 

Business has fallen off sharply lately 
for Mr. Rudnick, whose clinics stopped 
dispensing fen-phen a week ago, he 
said, even though his program offered 
herbal aids and tried- and- true behavior 


CROSSWORD 


modification along with the pills. . 

The same goes for Dr. Nierman, who 
Stopped prescribing fenfluramine five 
months ago when indications mounted 
that it could cause lung problems. 

He can still offer patients Ionamin, an 
amphetamine-like ding that suppresses 
appetite, as part of a program that in- 
cludes behavior modification and edu- 
cation; but interest has fallen off. he 
said, now that there is no illusion of a 
fen-phen magic bulleL 

Many weight-loss clinics around the 
United States have found themselves in 
similar situations: The wave of attention 
that surrounded the release of Redux 
last year and prompted the creation of 
"pill mills,” or weight-loss clinics built 
on prescriptions, gave way in recent 
months to a reverse wave of negative 
publicity. 

In Boston alone, nearly half the 
weight-loss clinics that advertised fen- 
phen and Redux in this year’s Yellow 
Pages seemed to have already gone out 
of business, their phones disconnected. 

T HUS the actual recall of the 
two popular drugs did not 
come out of the blue. Neither 
did word of side effects. 
Along with the more serious effects now 
documented in the study that led to the 
recall, some fen-phen users reported an 
oncomfortaib/e hyper feeling, foggy 
thinkin g and other troubles. 

“You’re taking legalized speed.” 
said Helen Shull, a retailer in Newport 
Beach, California, who lost 30 pounds 
cm phen-fen but has since gained them 

back. "We all want that quick fix. It was 

the answer." 

But, she said, “Now, it will kill us, 
like everything.” 


£ ACSOSS 

r, .1 Breeze 
"■Appetizer lor 
Juan 

.eComrows 
vi alternative 
pj* Summer cabin 
a« ati® 


Cherokee, tor 
w one 

■47 Suffix Hrltii sinus 
utaTwoof a 60 ‘s 
quartet 
y it Loads 
'ie Hacked it. as a 
farmer? 

» Script s craper 
^Cftrag to 


a* Bill Wye’s subj. 
on TV 

aa Forum matter 
j»M6doc.mBrioi. 
etc. 

aa Surpassed 
*4 Hacked tt. as a 

highway 

engineer? 

N 1988 World 
Series stadium 
■ March 


40 Smeltery input 
ai Hacked it. ass 
candtomefcer? 
44 Informal hatrack 
«7 Medal recipient 
48 Prefix with 
pressure 


Solution to Puzzle of Sept. 17 


aaaa nags nanaa 
oano angg aasan 
•annodEoan aaana 
aaana aagagg 33 
aansnaa angga I 
, aasQaaaaaaa 

! anna angg 

!GQ3 33000013 g|§ 

usaas 

aa iSB§ a 3 P!fggi ! 

a BBBi M 


Cl Literary 'mils. 

■a Damn deity 
■eLtiy-tivered 
■■ Hacked it. as a 
pelican? 

eoSalMah'slend 

ex "Vive r 

43 Restrain 

m [Get the Joke?] 
••Microscopy 
supply 

M inventor EEsfta 

■r "Don't be 
started" 
■■Some ere 
homed 

eeLL Colombo et 

al. 


DOWN 

1 Deli need 
l John Mur's 
interest 

3 Muscular dogs 
« Rats, gnats, etc. 
•Like some jeans 
togs 

« 8 ffs- 90 , s w«»r 
Saroyan 
7 Kaid d planer 

■Discompose 

tOpan.^i 03 * 
10 Cry**** 
mineral 


ii Monogramma- 
ticcarofold 
is Choose 

is Perspicacious 

*1 Sister of Zeus 
st Eagerly excited 

as Grant 
an Middle of a 
raensrs 
ae Sample 
si Secret supply 

33 Academic 
handle 

34 Handle without 

care 

as Sharpen 
3« Try for a fly 

37 Geiger o* 

Geiger counter 
fame 

aa Pop musics 

Gloria and 
EmSo 

42 Rake (off) 

43 Longhaired fed 

dolls 

44 Scamps 
43 -Watch out! 

4« Do the Wngtt 

tiring 

^ Larry Bird was 

one 

BO But 
■■Handle 
■t prior's superior 


©New York Tunes/Edited by VYUl Shorts. 


■» Black and wet 

■•Tie 
ii Labor 


ee Have a tab 
•i veterans' 
concern, 
briefly 


Australian frogs. Could the same dis- 
ease be killing frogs and toads in Central 
America and Australia? If so, where did 
it come from? 

With financing from the Brookfield 
Zoo in Chicago, Dr. Green and his coun- 
terparts from several countries plan to 
meet at Loyola University in Chicago 
□ext month to examine slides of frog 
tissue under a powerful electron mi- 
croscope. They will look at the most 
recent specimens as well as older tissues 
preserved in museum or private col- 
lections with the hope of finding com- 
mon parasites. 

Field biologists on all continents first 
started noticing amphibian declines 
aboul 1 5 years ago. Dr. Wake said. They 
would go back to their sires and find that 
once abundant animals were gone or 
greatly diminished in number. The an- 
imals evidently died in their burrows or 
were carried off by carrion eaters. 

But the amphibian decline that most 
galvanized international attention oc- 
curred in Costa Rica’s Monteverde Re- 
serve. the home of the spectacular 
golden toad. In 1987, the last year the 
population was at a normal level, bio- 
logists saw hundreds of thousands of 
animals gleaming like jewels in the dark 
green forest. Dr. Wake said. Two years 
later, they only found five animals. 
Since then, nor one has been seen. In a 
paper to be published in December in 
the journal Conservation Biology, sci- 
entists report that the golden toad is 
almost certainly extinct. Twenty other 
species of frogs and toads are also miss- 
ing from the region. 


EW YORK — The Hadza 
people of northern Tanzania 
are a small group of hunter- 
gatherers who share a lan- 
guage, a culture and a distaste for garden- 
ing. Time and again, government and 
church agencies have sought to trans- 
mute them into full-time farmers, but the 
Hadza have always returned to the bush, 
where they subsist on wild goods like 
fruits, honey, tubers and game. The ter- 
rain is hard and hilly, and so is the life, 
but on one incomparable resource the 
foragers can always rely: a pack of old 
ladies with hearts like young horses. 

As Dr. Kristen Hawkes of the Uni- 
versity of Utah and her colleagues have 
found in their extensive studies of the 
Hadza, women in their 50s, 60s, 70s and 
beyond are among the most industrious 
members of the group. They are out in 
the woods for seven or eight hours a day, 
gathering more food than virtually any 
of their comrades. 

When a young woman is burdened 
with a suckling infant and cannot fend 
for her family, she turns for support, not 
to her mate, but to a senior female 
relative — her mother, an aunt, an elder 
cousin. It is Grandma, or Grandma- 
proxy, who keeps the woman's other 
children in baobab and berries. 
Grandma who keeps them alive. She is 
not a sentiment, she is a requirement. 

As Dr. Hawkes, Dr. lames O’Connell 
of the University of Utah and Dr. Nich- 
olas Blurton Jones of the University of 
California at Los Angeles report in the 
latest issue of Current Anthropology, a 
nursing Hadza woman always has a post- 
menopausal helper. There are only about 
750 Hadza ana they are contemporary 
hunter-gatherers, not pristine relics of 
prelapsarian humanity. Nevertheless, the 
centrality of elder women to their 
group’s survival has thrown fresh kind- 
ling on the spirited debate over die ori- 
gins and purpose of human menopause. 

As doctors and women thrash out the 
best way to “treat” menopause, pitting 
the benefits of estrogen therapy to the 
heart and bones against the risks the 
hormone poses to the breast and pos- 
sibly the ovaries, evolutionary scientists 
address the menopause mystery from a 
more high-flown, though no less quar- 
rel-prone, perspective. They ask wheth- 
er menopause is an ancient adaptation or 
a contemporary artifact. 

Proponents of the adaptations camp 


generally see menopause as die thriftiest 
solution to the problem of exorbitant 
offspring. By this view, the amount of 
time required for a mother to rear chil- 
dren to maturity led to the need for so- 
called premature reproductive senes- 
cence, early retirement of the ovaries. 

Through the mechanism of meno- 
pause, an ancestral woman theoretically 
was spared the risks of childbirth, and 
thus had a heightened chance of living 
long enough to see her children out the 
door. Dr. Jared Diamond, a physiologist 
at the University of California at Los 
Angeles Medical School has said that 
menopause, like big brains and upright 
posture, is “among the biological traits 
essential for making us human.” 

The artifactualists insist that prehis- 
toric women almost never survived past 
the age of 30, let alone long enough to 
experience hot flashes. By their reck- 
oning, menopause is a modern luxury, 
the result of women now outlasting an 
egg supply that more than sufficed for 
the cameo appearances that their Stone 
Age foremothers called lives. "For most 
of our existence, we simply didn’t live 
very long," said Dr. Alison Galloway, 
an anthropologist at the University of 
California at Santa Cruz. “Menopause 
happens because, through technology, 
we’ve extended our lives to the point 
where we run out of egg follicles. 
There’s nothing beneficial about it" 

D R. HAWKES lends a new 
spin to the debate, combining 
elements of each camp and 
adding a few bold spirals of 
her own. She agrees with the artifac- 
tualists that menopause per se is not an 
adaptation — it is not the product of 
selective design. A woman's ovaries do 
not shut down “prematurely," she 
says. 

On the other hand, Dr. Hawkes con- 
curs with the adaptationists that pre- 
historic women very likely often sur- 
vived past menopause, and that they 
were instrumental to the survival of their 
families. She goes further. Only with the 
ascent of the grandmother, she says, 
were human ancestors freed to exploit 
new habitats, to go where no other hom- 
inid or primate had gone before, and to 
become the species we know so well. 

* ‘The Grandmother Hypothesis gives 
us a whole new way of understanding 
why modem humans suddenly were 
able to go everywhere and do every- 
thing,” Dr. Hawkes said. “It may ex- 
plain wljy yte took over the planet.” 




TRIBUNE. THURSDAY, SEPTEMBER 18, 1997 


PAGE 12 


UMOT" 

M LOT m)> 


Wednesday’s 4 P.M. Close 


M iT ® 
135 ii Z 



ill 

111 IS igj 
$ 8 “ ffl 
to p 5 '4 

®li| 

MB g fB 


B 




n 


-tt •! S ijB 


iSH Tj 

J* 

m >> 

TO. IK 

! ts^ 1 


'! Sft* 

73 7ir» £i 
27 W < 

\i *■».. 
a "S 3? 

S *9* 
10 


St i\ «S 

s 
2 


m 


*si 


-'ll i2 fl 

111 

if! 

a*i 

Hi 

ISO T 3 K 


IB Ik 1 

I II 




Mi Y* pe .C W ^ 


ns li* '.£ 


3 £ n 

f|i 

||| 

mil 


til 


;2 It 

-« am n 

% 1 1 
IS $1 

*•> T* :S 


J 


3 TO 

1 K( 
"3 EA 


2 a. 

« E 

.*£ TO 


■M »«. 5 

ft PZ 8 

■V. MM jj 


-■■>1 3t> 

*3 £. 

1i I 

.$ gs 
*2 a* 



m 


|?I E 

« 3 

pi 




r«5 fa * wsi 


ii«» jin 
261 

»“4 *15* 

u>. in 
m. *■ 

*v. M 

a» i ig« 
Hi 5*> 


TIC JT"» 51?** 

€ £. ss* 

1 fScS* 

IW 27*1 
jae a& 

«5) 3U 
Bfrf 1AW 
WM*> 
a 3P> 

iiH ie> 




a?? iS 

3&1 




^3 K a afi ST 
i3 u i «• a ■ 


££ S3 


* i » Tl 


l* 




I 


M? 


■ Is it safe to do business on 
the Internet? 

■ Are there broadly accepted 
standards? 

■ What is the role of banks in 
electronic business? 

Don't miss the series of sponsored pages in 
the EHT on electronic business. Learn the ins and 
outs of on-line transactions. 

September 24: 

Business to c-Business 
Banking 

Reprints will be made available after publication. 

Fax: +33 1 41 43 92 13 / E-Mail: fupplemrnls@iht.com 





fC 


t‘ f : 


r Ji issay » 7.] js 


THE WORLD'S DAILY NEWSPAPER 


JL 


Ir£ 


50 73M 
I* Ifl m 

’■ JS 1!** 
* fflSfc 



dm BW PE PBs Hiflh Lb 1OTO Qh» 1 HW Law SW* 


S 8 ? i 


DM TO PE 109s * 


.mi i3 i* 


3$ *1 8 

if 8 * zd E 

3 B * "b 

« 3 1 I 

I ~ J 

■ aid" 
■as « 5 

3 y n i . 

HS If J i 
’3 II 1 

a 3 3 „ 

■ ■ s , j 

3 li? £ intM 
liS 14 H 15JJ 

*s 1 1 

6 i = .& 
Ib ll : | 
Ti: ill 

IB'ZiM 

•sa li 

.in id Ij 3^ i 
U4i li fi ia 

; J 

i 'i IS % 
■a a h 

7 OB ID _ 171 

kb m - at : 


l 2.U sa 

a 

7.1V L5 

I 246 U 


I 


£ £ 

in on -I'i 


iiir> i< --B 
lit llkk 

MS as i: 

IBM IbW. •• B 
{*• »I *»■ 

JSr .ic 

^ ^ •* 
5MB » JB 

S*. R 5 

W>B • ^ 

r** >■«« 

lie flip « 


’e? « .R 

£ K1 

».* fh ■’*? 

g K .*s2 
B5 85 :& 

IT* l 17*9 
»H IWfc ■« 
l«a% 1M -Vtt 

IS .M 

«=l r ^ 
g XI 

VUM Wl. . 1 * 

io«b in -v* 
W> IBHa J*« 
"» 1% >Wa 

1»** >1 
«m <01 <n 

1M »t -h 

it 1 1 -u 
» 7n, •■.-» 

3VI 79 *9 

'S5. SS. .« 
S5 E > * 

»«B » 

fe fe.^! 

.P.'ta •*■ 

ga s? -r? 

SS* 2W .SB 
i»? W 7*!7 ^4. 

'$1 & r5 
«* «?*■ -*■ 

a: kt 3 

(» Si™ .1 
«!K j 
85 .5 
if? 3«£ 2 

i » a 

US ifi 

»Wi »Vta *v> 
46V* .4 


t 19»* »i 
1 Mv ( .14 

22 a l pi 
IV* |v^* 

S? ®i .; 
B, L‘*. 

#t *i« - r 

7i ^ n* ■■ 
Ml W>m -9 

Km Kff 
jf* tft. .,< 

79 r+m •« 

S7 igi . 1 1 

bpb !•>*» 

Sr! - 

isx r •" 


Itsi 


: 


r! 



■:C 


<o u> n is iSJ- 

124 «3 II 2d TT 

' s V if I JR W ft." ’.J 

i'T £ It-gf £ 
iiSJ* ff | 
; s H j L II ^ 

a a a is* » ® « a 

J " I* Si JSB. sK* 5 «jk ■* 

ai f ” as nr i« 
i : ’£< .?? Jl rfa S 

*2 ’i‘ IS n& &. & g .« 
MP , ^ « Jts 2S 1 "" Ssi. c. 


f-E 





gf IS! E 

49* 


_ & 1061 W4 399 JS9> - 

a I* u ,>s sa g .« 
IS li " if t«s tw 6 

|8 : S & !* - 

IJ € S3 I .1 IS* wt. ft 

- k fir & fl? *S 

*■ SlfcfcS 

!" “ 5 j* 13? .« 
Et:? 

J " - H TO. 3» TO : 2 

4007 U »? 7*5 71 Y. n»0 Jl 

“ V '« 1 TO ^ .*i 

.* >5 *! in to wto Jt 

* “ J! 'SIT iRL SR5 

£ it ,3 ’B J til IK -ft 

* “ i *8 TO TO TO -r 

B 4.1 . 1W ISO 11M 17K -V> 

.. __ N M 41 W* 

l.«7 *.< a 2«iIB»W 1« IBM • V» 

2 ii 8 -S ,£ ,B J 

“ i i i 4. f- i 

'jffi ifl if TO TO To 15 :^S 

jM la _ ioi «• <»b -vo 

p e ,# k ir to* R5. .$ 

TO ®* a MS IT TO 8 Bis 

S -j fi '« ^ w- *-« 

?« H : ifi L g; XX 5 

* ” : dS W TO % .-ft 

..POO ‘Ml 

'•'* : z gu *&‘ 5W IT is 
■3 B fi 4J sa r fia B.-a 

- * be to .u .a i 
» 8 ’i rt 

- •• 'sr.2a. » & .« 


Kt ff 




i« is ia 


(i 




* •* « iiaR 1 r s* ,,v ? 

JM ,4 a nd «JM *hj. <4 _ 

•a “ 3 % 1?; z 

'ft l 8 * B 1 


'*« j H I ft 
i| if a * ft £ «• - 

J 15 if ilfi A 

X 1.4 « 1 0& 77 7li 2'!* 

B '» U 1lj>* P 74*0 JIB .« 

BOB U _ 1 54 If*. IKl .4 

>.J« u IB 1140 n«t ran «< -.i 

JI5 III * jg ?» mwb »'i .i* 

i.w S3 - sisa p as * 

.4 1' m »• »• a* 

3 13 ’SUTS7. JK 8?. Jt 

.3 1-1 R SH.fik iS? igff :n 

i 1 ™ 1 fl ‘8? .v. 

95 7 n MOS.IH'I IIIM 112 .1 

171 « fl *12 1BV. IB l»1 .vt 

_ _ . M MB M Mia 

20 4 II 111 at* 53 J.-. 


z 3 ? &.!R l 


IK 3ft* « 


M 11 XI IK* 
fed li 111' 24V* 


« *» is 
fiSIK * 


CM U . 
M 1 fl 


































































































*y\ a* 


WEDNESDAY, SEPTEMBER 24, 1997 


PACE 3' 


he Futu re 

"'■'-'a.-.,.,; 0l h»;r 


For you... We blossom everyday. 


China airlines 

•'■'OW v V , :■ Ik 

^'■"^■CtonaKWBr^^, 




HcralbSfcSrtbunc 

BUSINESS/FINANCE 

R THURSDAY. SEPTEMBER 13, 1997 


For you... We blossom every day. 

China airlines 


■ra: t -i J° h--*b, k, THURSDAY. SEPTEMBER 18. 1997 PAGE 13 1 

**'• * ' — — 

Gives Bearish Outlook for Growth in Asian ‘Tigers’ and Japan 


" - ~ nc CnJd 

r .J n= lheir 

«f 

mls 

• • *ars 

:*? , !B, «re h 

• '-T7-S* P^tecf 

' iruc| iir d | 
... - r .:‘..V Jri 'ion a], 

- - r '7';-^' A| ih 
"- :s ‘ 


By Alan Friedman 

, International Herald Tr.hnn - 

HONG KONG — The IMF offered a 
bearish outiook Wednesday on much of 
Asia, revising downward its growth es- 
timates for both Japan and the Southeast 
Asian “tiger economies that have 
been battered by financial and market 
turmoil in recent weeks, 
aji Thailand, the hardest-hit of the Asian 
y economies, was described as perform- 
ing ‘ less well" than the International 
Monetary Fund hoped when it put in 
place a $17.2 billion bailout last month 
a senior Fond official said. 

“TTiings have gone less well than we 
would have hoped at the time of the 
rescue package," said Michael Mussa. 
the organization’s chief economist. 

Asked to cite examples, he said it 
would “take some time to work off 
excess investment in real estate.” 

/‘Specifically." he added, “we 
hoped financial market conditions 


would stabilize quickly and that pres- 
sure on the Thai bahi and other cur- 
rencies would be more Mibdued." 

In addition. Mr. Mussa said, "there 
nas been continuing turbulence in mar- 
kets, and it is our view that this is being 
overdone." 5 

He admitted, however, that "it will 
take a little longer to persuade financial 
markets that conditions for u recovery 
are in place." 

Other IMF officials denied news re- 
pons in Bangkok that the Fund was 
withholding funds in its rescue package 
until Thailand took more concrete steps 
to implement measures to reform its 
financial system. 

Some private-sector analysts fear that 
if Thailand s governing coalition were 
to collapse, as is thought possible in 
coming days and weeks, the currency 
and equity markers in Bangkok and else- 
where in the region could be hit again. 

As a result of the crisis , the IMF is now 
predicting that Thailand's 1997 growth 


will slump to 2 .5 percent from 6.4 percent 
last year. The forecast for 1998 is for 3.5 
percent growth, meaning that both this 
year and next year could be considered a 
recession for Thailand. Mr. Mussa said. 

The Thai forecast was contained in 
the Fund's semiannual World Econom- 
ic Outlook, which was released here 
Wednesday. 

In sharp contrast to the East Asian 
outlook, the IMF hailed ihe likely in- 
crease in overall world output, saying 
the global economy would grow by 4.2 
percent in 1997 and 4.3 percent in 199S, 
making for "the strongest pace in a 
decade. ’ ' Indeed, it said the world econ- 
omy was now set for the longest period 
of growth in 25 years. 

The financial turmoil in East Asia, 
meanwhile, caused the IMF to revise 
downward its growth forecasts for rhe 
region. 

Mr. Mussa said he had written down 
by 3 to 4 percentage points the ag- 
gregate growth potential of Thailand. 


Malaysia. Indonesia, ihe Philippines 
and South Korea. 

“It is very important for governments 
in the region to take the right actions." 
he said. "There is no doubt that curreni- 
account deficits must be reduced, alone 
with spending reductions." 

Assuming that reforms are imple- 
mented. Mr. Mussa said. "There should 
be clear evidence of a turnaround within 
ihe coming year." 

The IMF report forecast 1997 growth 
of 7 percent for Indonesia, down from 
7.8 percent last year; 7.5 percent for 
Malaysia, compared with 8.2 percent in 
1996; 6 percent for South Korea, down 
from 7. 1 percent last year; and 6 percent 
for Singapore, down from 7 percent in 
1996. Hong Kong was one of the few 
forecasts of higher growth, with the 
Fund forecasting a rate of 5.3 percent, 
up from 4.9 percent in 1996. 

Japan's economic woes caused the 
IMF to write down its growth forecasts 
by about 1 percentage point for each of 


the next two years, with growth forecast 
at 1 ■ I percent in 1 997 and 2. 1 percent in 
1 99S. The Japanese economy expanded 
by 3.5 percent last year. Mr. Mussa said 
Japanese expons would suffer "a neg- 
ative impact” as a result of the crisis in 
Thailand and other tiger economies that 
have traditionally been customers for 
Japanese goods. ’ 

Despite the regional setbacks, Mr. 
Mussa stressed that .Asia would continue 
to generate world's strongest growth 
next year, led by China, which would 
grow by 9.5 percent in 1997, slightly 
below its 9.7 percent growth in 1996. 

Mr. Mussa praised the low-inflation 
growth of countries such as the United 
States and Britain. 

"The U.S. continues its exceptional 
growth with 3.7 percent this year." he 
said, adding that growth was forecast at 
2.6 percent for 199S. Britain's growth 
rate in 1 997 is forecasr at a strong 3.3 
percent, up from 2.3 percent in 1996. 

Mr. Mussa said the Federal Reserve 


Board would probably raise U.S. in- 
terest rates by as much as half a per- 
centage point over the next six months, 
but he stressed that this should not cause 
"a big shock effect." 

Likewise, he said that ir would be 
"reasonable’ ' to expect Germany to raise 
interest rates slightly above the present 3 
percent level over the next six months. 

Another Fund official, Flemming 
Larsen, said he expected European cen- 
tral banks to begin coordinating mon- 
etary policy next year, once European 
single currency members fix exchange- 
rate conversion levels. Asked if he be- 
lieved that would mean a de facto fixing 
of exchange rates among European 
monetary union members next spring, 
he said. "That is the implication, yes." 

The IMF is forecasting 1 997 growth 
in Germany of 2.3 percent, agaiost 1.4 
percent last year, of 2.2 percent for 
France, compared with 1.5 percent in 
1996; and of 1.2 percent for Italy, up 
from 0.7 percent last year. 


u*n Neglected IBM , Few Offices, but Room for Boss to Roam 


’ r r' ‘Sri- 




: wC-Tr 


rr.’l- 


.•-I'jirstf 

• . :-vd?K 
v:rc*- 
. . :ul- 
... : i.’.scal 

-.std 


Mill life Crisis 


“ . By Laurence Zuckerman 

Nn\ York Times Servic e 

ARMONK, New York — In 1964. 
when IBM moved into its sprawling 
corporate headquarters sitting majestic- 
ally atop a hill -in this upstate New York 
town, the company not only dominated 
the computer industry but also stood as 
the model U.S corporation of its day — 
faceless, gray anti even dehumanizing 
as the building and company may in 
retrospect seem. 

On Thursday, when International 
Business Machines Corp. cuts the rib- 
bon on a new, much smaller corporate 

ESTERNATIONAL MAJVACER 

home nestled in a woodsy ravine 
nearby, the building will signify the 
postmodern, post-downsizing, employ- 
e e-empowerment era that the company 
now represents. 

Far &ot the earlier Organization 
Man era, when corporate headquarters 
were symbols of strength and power; 
these days ihe headquarters of the 
largest companies are increasingly the 
place where fewer people handle a few, 
crucial tasks — like long-term strategy 
and finance — with the day-to-day de- 
cision making left to division managers 
in other locations. 

And in IBM's new quarters, no detail 
may better embody the differences be- 
tween the business world's architectural 
and management thinking in the 1960s 
and the '90s than the placement of the 
office of the company’s chairman, 
Louis Gerstner. 

In the old 420,000-square-foot 
(38.000-square-raetef), 900- person 
headquarters that Mr. Gerstner inherited 
when be joined the ailing company in 
1993, he worked in a cloistered space at 



• - - 


die end of a long, forbidding corridor of 
private offices. 

Now, in the new headquarters that he 
helped design, he and other top exec- 
utives occupy the center wing of the Z- 
shaped structure, with most of the 600 
other people working ax cubicles in ex- 
pansive spaces obstructed by few walls or 
doors. The 280,000-square-foot building 
tapers off at die ends so that the maximum 
amount of floor space is near the center 
— where Mr. Gersmer’s office is. 

‘ ‘The idea is to have as many people 


Apple and Jobs Revive Old Romance 

* By Elizabeth Corcoran '"SSiSS SSSr. ^ 


By Elizabeth Corcoran 

Washington Post Service 

CUPERTINO, California — It is a 
poignant story: An old romance, 
broken off in anger years ago, now 
gets a second chance. Will he be true 
this time? 

Only Steve Jobs knows for sure. 

Apple Computer Inc. officially ap- 
pointed Mr. Jobs, the charismatic co- 
founder whom it expelled as a dis- 
ruptive force in 1985, as interim chief 
executive Tuesday. The announce- 
ment acknowledged the obvious. For 
the past two months, since Apple’s 
board ousted Gilbert Amelio as chair- 
man and chief executive of Apple, Mr. 
Jobs has been running the company. 

Much like a rekindled romance, 
much remains the same. Mr. Jobs 
brings both the sparkle — and prob- 
lems — back to Apple with him. “It’s 
deja vu,” said Stewart Alsop, a ven- 
ture capitalist with New Enterprise 
Associates of Menlo Park, California, 
and a longtime Apple watcher. 

■ For the company to succeed. 


however, Mr. Jobs can’t simply replay 
history, many industry analysts con- 
tend. Instead, he’s going to have to 
both build a new long-term strategy 
for Apple and prove that he is willing 
to stick with it. 

' ‘The key to me is that someone has 
to commit to lead Apple,” said Mi- 
chael Murphy, editor or the California 
Technology Stock Letter. “Someone 
has to come up with a vision for com- 
puting, pledge to w'ork nonstop to turn 
the ideas into reality — and stick it 
oul” 

[Apple said Wednesday that its 
marketing director, Guerrino De Luca, 
resigned after only seven momhs on 
the job, the latest in a series of ex- 
ecutive changes, Bloomberg News re- 
ported. 

[Mr. De Luca, 44, an Amelio ap- 
pointee, said his resignation was “a 
personal decision which does not re- 
flect my assessment of the company's 
prospects.”) 

Since Mr. Jobs began spending time 
at Apple as a " strategic adviser, ’ ’ even 
before Mr. Amelio left, he has been 


behind several key changes in 
strategy. 

In a break with the past be pushed 
for a nearly clean sweep of the long- 
time members of Apple's board as 
well as a switch in tne board's com- 
pensation. Since the new board was 
appointed in mid-August, all members 
— and that now includes Mr. Jobs — 
receive options on 30,000 shares of 
Apple stock instead of cash as com- 
pensation. 

In other ways, though, Mr. Jobs is 
sticking firmly with the past, notably 
in his decision to go back to Apple’s 
old policy against encouraging the 
production of "clones' ’ of the Macin- 
tosh computer, its main product. 

In the last two years. Apple had 
cautiously moved away from the 
strategy of keeping key technology in- 
house, hoping to expand the overall 
market for Macintosh-compatible 
computers. But it found that most of 
the clone makers’ sales were coming 
from customers taken away from 
Apple. Now Apple has in effect killed 
off the clone market. 


CURRENCY & INTEREST RATES 


Crons Rates 


sept 17 Ubid-Ubor Rates 


Sept 17 


Amtefdon 
Brawls 
Frankfort 
Loadaa (o) 
Madrid 
Jh MUM 
> NM YariLQO 
Farts 
Tokyo 

Tomato 
Zorich 
I ECO 


* ‘ “ jS- >5. .Si- -Si «•: 

a sag ™ «-s s-s a- 

S J= K £5 “SS- S S a ’5£-iS 

»9 8446S 0254 1.13450 USE 

,ra30 “JL urn uaa 1 *W 345? uos now u® 

£ IS £ 20* uS as W - ™ 

im 1373a 0504 023B USE" (UKS 8 3277 M®? 1. -* _ . 

AS 13336 OEM nan* 0730? 2SSt a* — 

\m i*a win uw \sn 

!j£ !S Ul» MM 23 M 7 ™ 


MW 2 M.H 5 SJ 7 S 5 2338 10*70 - 2 ZJ- 337 -u. 

,’iS ^ Ita- 1030 10157 ? 121322 * 107*5 — 

.'SfS JSE M 5 B to 4 *s 1-13450 113S 

™ *?5SL urn UUB 15W 3i 57 lais no* uta i?£ 


— |jB3a 17754 
ssa MSB 134 
13095 1 9123 4036 


ME* -1301 3«H* 

— 5737 Ulk 


ibffiwnitdkposH* Of Si mtttion minimum torepubmlenO. 




Other Dollar Values 

(19998 CWOkfitiC., 28036 


CwiOKI POfS 

Ai^mtpw 09998 
AralraterS ?J 933 
Austrian sch. 12^7< 
Bmfimd 1.093 
nmwcyBan B3171 
Oxdikonaa 31* 
OaoUi krone d.7489 
Egypt poood 13983 
RltdMrtta 5J197 

Forward Rates 


HnoaKaagS 77J47 

tlSS-WW 
indJaa rupee 1W0 
Indo.rapidi 
Irish £ 

(srtMsflotok 
KnwtSnor MO 
Mdhr.riiiB. 1006 


Oonoacr PefS 
Mat peso 7JCT 

N.Zoatond5 1^748 
Nana, krone 72512 
pU-pese HJO 
Pofisbzlofy 
Portascsda 160.09 
RUSSnUl 5S51-00 
sooarowi 
Sns-S 


Corraicy 

S-Afr.nnd *^82 
S.Kar.W0fl 9 CSjsO 
swad. krona 7 -& 5t ‘ 


Key Money Rates 

Ufdted Slate Clasa 

Dtocmral rate 5.00 

Prime rale JJ* 

Federal fond* 

90-dny OH deotors 5^0 

iSIKSoyCPdeoJora SM 

3-irwnth Troosury WH 

1-ywrThMSWrMf 5.17 

1-yea Treasury Ml 5JB 

S-r«a Traasury note fFF 

7-year Treasny note tD3 

llHraar Tneasary note 409 

30-year Treasury ftond dJ9 

Me mil Lynch 3May BA 5Jffl 


rowans 28 j> 1 30-yecr Trorswy m 
3SS5 Merrill Lynch 3IMa 

TwHshlim ITOiSfl- japan 
UABriMM wra □iscOTjjjnrte 

VenottoWr- z9tw coilmomy 

unoott |nt«rtiaiik 

3- mtnUi Ortcrtaok 

4 - a«jthintertaak 
ItHwCoyf Food 


Britain 

Bank base rote 7.00 7.00 

Call money 700 O’V* 

l-moaft tatwram* 700 700 

3 -inoatt) fntartxmt 7Vta 700 

fi-mwrth bitarbaak 7V» 7*h* 

10 -year CHI 6-73 473 

France 

Ifltarwtrtioa rale 110 110 

rwtt money 3 Vu 3 Vk 

1 -month hrtwtun* 31a 3>4 

S^mtoalb Interbank 3W 3¥» 

6-annttb bitertHo* 3M 30a 

10 -yoar PAT 549 553 

Sources- Reuters. Bloomberg, Merrill 
lynch. Hank of Tokyo-Mlisirblshl. 
CormcabmttOotHlfomm, 

AM. PAL arge 


Japanese yea 
S«tS6*« 


to-day 9Waf 
11938 tia77 


— Mdgv ufl"M 

Conacy MWW 4 119.79 11938 t 

*££& JjS !SS IS ^ ,A558 1 

Htaditknrli ».7«88 1 - tt54 ’ BcM (BnisseHJ: Sana CznmrrdJW 


Otabcbo mark 


Gunuttuf 
Lombard rate 
CoflraooeV 
T-dJUUfft 

3 -raQalh Wertwnk 
Mnonfh WeTtmnk 
IOyearB«d8 


Zorich no. 32050 -030 

Landea 31935 32045 -055 

Now York 32200 32230 -OM 

1/5 station per ounce. London ofmai 
fixings,- Zurich and New Yah opening 
tmdoostoa prices New YoACamex 
fOecJ 

Source: RouJert 


W UapLrrnVThr \«* infl Hun 

The new IBM headquarters in Armonk, to be inaugurated Thursday. 


as close to him as possible," said Wil- 
liam Pedersen, a partner at Kohn Ped- 
ersen Fox Associates, which designed 
the building. The open floor plan and 
use of the latest technology emphasize 
collaborative work by employees, who 
can tote their portable PCs anywhere in 
the building and still be connected wire- 
lessly to the Interaet. 

Thoogh the old and new headquarters 
buildings are both situated on the same 
432-acre (173 hectare) parcel that IBM 
bought in the mid-’50s. they couldn't be 


more different. The old. designed by the 
architects Skidmore. O wings & Merrill, 
was a classic example of the corporate 
architecture of the Cold War era — 
betraying no sign that it was home to a 
computer company and dominated by 
scores of private offices as well suited, 
say. to an insurance company as to the 
highest of the original high-technology 
companies. 

As IBM stumbled in the 1980s and 
early 1 990s, laying off tens of thousands 
of employees and racking up billions in 
losses, its headquarters, too, seemed to 
reflect the decline. The building lacked 
the wiring needed for high-speed net- 
works of personal computers. It was 
also aging fast, with escalators and el- 
evators regularly breaking down. 

The new headquarters is the vision of 
the imperious Mr. Gerstner, who was 
brought in to turn around the company 
in 1993. Unlike IBM’s legendary chair- 
man Thomas Watson, who hired world- 
renowned architects to design his build- 
ings, Mr. Gerstner, who has sold off 
billions of dollars worth of IBM-owned 
real estate since his arrival, was not 
interested in winning design awards. 

"This is a building for CBM and its 
customers," he said during an interview 
in the conference room adjoining his 
new office, which overlooks the dense 
forest that creeps right up to the edge of 
the building. "It’s not a building for 
architects." 

To be sure, the top jobs still have their 
perks. Mr. Gerstner and his chief lieu- 
tenants have large private offices on the 
top floor of the three-story building, 
each with a private conference room 
attached. Mr. Gerstner's suite even has a 
private shower. 

The bulk of staff, with the exception 
of the company's lawyers, occupy open 
cubicles. 

"I like to walk the floors," Mr. Ger- 
stner said "There is a sharing that hap- 
pens in an open environment. Those are 
values that I felt were important to 
IBM.'’ He said senior executives 
needed privacy because they spent 
much of their day seeing customers and 
often did sensitive tasks like manage- 
ment reviews. 

To compensate for the lack of private 
space, there are several spots designed 
for informal meetings, as well as 38 
conference rooms distributed around 
the building. 


Chief Quits 
At Philip 
Morris Unit 


| Bloomberg News 

i NEW YORK — James 

f Morgan, the president of 
; Philip Morris Cos.’s U.S. to- 
i bacco division who said cig- 
1 arettes are no more addictive 
than candy, will retire Nov. 1 . 
the company announced 
Wednesday. 

" Philip Morris, the world’s 

top cigarette maker, did not 
give a reason for the resig- 
nation and said Mr. Morgan 
17 had been considering the 
( move for several months. Mr. 
iUl Morgan was not immediately 
ivi. available for comment. 

^ Mr. Morgan will be re- 

placed by Michael Szy- I 
manezyk, who is chief oper- ! 
ating officer of Philip Morris 
U.S.A. The position will con- | 
tinue to report to William j 
7 oo Webb, the parent company’s , 
6^» chief operating officer. 

Mr. Morgan, 55, said in a 
7v« court-ordered deposition in 
473 April that the nicotine in cig- 
arettes was not any more ad- 
aio dictive than Gummi Bears. 

The deposition was taken by 
3v» Stanley Rosenblatt, a Miami 
5^5 attorney who is suing ciga- 
^ rette makers on behalf of 
* hl - Florida smokers and flight at- 
tendants exposed to second- 
ly hand smoke. 

Mr. Morgan had worked 
ass for Philip Morris for more 
<u° than 28 years and was named 
5 W president and chief executive 
officer of the division at the 
end of 1994. 



\pTrr frutn-lViK 

Hidekuni Ivama, center, a Yamatchi ex-managing director, in custody. 

Tokyo Penalizes Yamaichi 

5 Executives Arrested for Payoff's to Gangster 


By Velisarios Katioulas 

Inienionnnal Herald Tribune 

TOKYO — The police arrested five 
former and current executives of Ya- 
maichi Securities Co. on Wednesday for 
bribing a gangster at the center of a 
scandal that has ensnared three top fi- 
nancial institutions and appears likely to 
embarrass more. 

The latest arrests at Yamaichi, Ja- 
pan’s founh-largesi brokerage, again 
highlighted the ties between companies 
and sokaiya gangsters who blackmail 
executives over their personal lives and 
business practices. 

Following the arrests, which coin- 
cided with raids at Yamaichi offices by 
around 100 prosecutors, the Finance 
Ministry suspended the company from 
underwriting government bond issues. 

The suspension was immediate and 
will continue until "administrative ac- 
tion" is taken against the company, the 
ministry said. 

The former and current Yamaichi ex- 
ecutives were arrested for payoffs to 
Ryuichi Koike, a convicted extortionist. 
Similar payoffs to Mr. Koike have 
already led to 15 arrests at Nomura 
Securities Co., Japan’s largest broker- 
age, and Dai-Ichi Kangyo Bank Ltd., 
one of Japan's largest banks. 

Furthermore, Nikko Securities Co. 


and Daiwa Securities Co., Japan's 
second- and third-iargest brokerages, 
have also made payoffs to Mr. Koike, 
according to Japanese press reports. 

The Securities and Exchange Sur- 
veillance Commission refused to com- 
ment on the criminal complaints it filed 
Wednesday. But press reports said that 
Yamaichi and the executives could be 
charged with paying off a gangster un- 
der the Commercial Code, and with 
compensating a client for losses on in- 
vestments under the Securities and Ex- 
change Law, the reports said. 

With managerial approval, die reports 
said, Yamaichi executives paid Mr. 
Koike 79 million yen ($655,600). The 
money was siphoned from profit made in 
Singapore ana paid as compensation for 
losses between June and November 1 994 
on an account in the name of Kojin 
Building, a construction company owiraj 
by Mr. Koike’s brother, Yoshinori. The 
men were arrested in May. 

At a news conference, Shohei Noz- 
awa, who became Yamaichi's president 
following his predecessors' resignation 
in August, denied that the brokerage had 
been involved in die payoffs and said 
the men had made the payoffs as "in- 
dividuals." 

partly because of the arrests, the 
benchmark Nikkei stock average fin- 
ished down 291.23 points at 17.683.27. 


http://www.kfnkos.com 


Call the number listed 
below to find the 
location nearest you. 


AUSTRALIA 

TEL: 61-2-9267-4255 

CANADA 

TEL: (41 6] 928-2745 

THE NETHERLANDS 

TEL: 31-20-589-0910 

KOREA 

TEL: 82-2-566-9768 

JAPAN 

TEL: 81-3-3507-0009 

CHINA 

TEL- 86-10-6595-6388 

UNITED STATES 

TEL: 1-800-2-KINKOS 
(from U.S. & Canada) 

Opening soon: 

THAILAND, ENGLAND, 
ARGENTINA, BRAZIL, and 
UNITED ARAB EMIRATES (Dubai) 


■'W! unbi!_ It- Ml riJMv incncd. iv» 

<ie winlntd iiM*ranfc) K«o4«< ifcrtuw. hr. mi m .») Oj 
pnwun bidet mn-i cmlwl fawi'.im Iko U*> atptn?)* hoHn 

Ft Older to ifftniu Ml UWSMW tout 


1 I 

' I 






PAGE 14 


^ gW mONAL HE RAU TRIBUNE, THUR SDAY, SEPTEMBER 18, 1997 

THE AMERICAS 


flnvesTor’s America 


Tic tn Prod Tapan to Cut Its Trade Surplus 
LI.I5. to riuu Ja r 



ian ’s customs-cleared t^e 

■ WASHINGTON - Treasury to 74201 

Sta$^ 16 «JW>- 

3SS»£«S^ S 8 ^se pons-said K ^Ar-,- 0 - 

issue Sen countries, jumped otmstatMCM AsrePaofi^ ■ 


ents of cars, semiconductors 
optical devices leading the 
way. imports increased 3.4 per- 
cent . 

“Sluggish domestic demand m 
a weak economy is prompting Jap - 
anese manufacturers to boost ex- 


Fleet to Acquire 
Quick &Re% 


rising significantly 


term. 

The 


ovemor of the B 21 *; 


* oovemor ui «*- _ - j v>~ 
Japan. Yasuo Matsu^“^ 
mw no immediate need 

S*" bolster *e 

shrugging off calls nroco 

japan and 


'STSSSrid *e trade issue oeeweenu ‘V^olObOiionyeiL Japanese officials argue that do- 

JUSsAeasrt sssKSSSSfc* sSssssssst 


■have called 


The Associated Press 

vfW YORK — Fleet Financial i 

wS buying the *scount teote^ , 
SU & Reilly Group Jk. 
aSut $1.6 billion in stock m the* j 
gS combination of a coromeicali * . 
banker with » securities 6™V rl 


apaneseerecunv^i^ 

eco- 


P^onusts said bri^^ports 

SfllSSt'E 

** Weak demand for imported 


increase imports eventually. Japan 


marts < 

anno unced last week that ecoaom- 
in the April-to-June pen- 
sharpest contrac- 


would askbot' , Toky° planned “to 
Son the challenges they have 
to fidfilling the prune numstar s 
objective in not Wing a sl ^f" 
kin sustained increase in their 

■^ttSSEd if Japan «as doing 
enough to produce economic 
SSSi through increases in <to- 

Sdronand, Mr. Rubin saidte 

would “widihold judgment untd 
after the meetings 


ic 


Weak 

products following an ^increase im 

Iran's consumption tax w Aprd 
to5 percent from 3 percent- "JJj® 
weakening of the yen, which tends 
to raise import prices, also helped 
increase the surplus 


registered its 
tion in 23 years. 

Despite the growing tension 
with W ashing ton about the surplus. 

Finance Minister Hiroshi Mitsu- 
■ mica said he expected Japan’s trade 


on the government - 
nomic stimulus n^^ores 
provide additional P ubb =^' 0lics 
Spending to spur the «onom^ _ 
Mr. Matsushita said the ram 

omyhadalowedl^etosute- 

“^Yet exports are ri^- c ,“P£ 


Fleet, the nation s 11th 


bank, is 
discount 


B the No. 3 
’e firm. Quick-& 



jjiffi 


> 


-t- 


a*' 


1 EV- 

i " .- 

XK 




national distribution network form:; 
Fleet investment produ^as wd^r~ 


.»? . 

S'- ‘ 


Fleet 

making a 


raie £ tofts arc recovering and cap- 


surplus to rise in the short term. 


In~Angust, exports rose 14.4 


percent from a year earlier, 


with 


I don’t rule out a rise of the 

trade surplus in the short term,’ he 

said. “But, when considering the 

basic underlying economic trend. 


SIK employment 
1GU “We consider 




S^'SLicdemai.dte- 

coverv to be intact. . .pdi 


co very to oe unacu , r~p i 

y Reuters, Bloomberg. A?°) 


^ ^ ly soi 

he changed for 0.578 of 

50 cents at £ 58 . 50 , whito ; 

Fleet fell SI. 6875 to $69.0625 


.v" - 


Very briefly: 

European Rival Buys U.S. Job Firm 

LAUSANNE. ^«^sajd 

“ il Was bUyin8 J ^em^ent agency fur S3&.5 roil- 


that 


Srts^inT^Tro SrSwESpw'to'- ou its beroe 


!T^e^h^rfteWte^hureSS U compauywm 

^^^^y^h^SAofSwiroeriand 

and Ecco SA of France merged. 

UPS, in Shift, Hiring New Workers 

ATLANTA (AP> — So many part-timers quit 'United. 

“sA’SSS2«S5JS?3d it bus los. about 6 pocero 
of il AS mid-sire businesses signed up 
with competitors during the strike. 

• Goldman, Sacks & Co. agreed to se n a 

nwritx: m the real estate investment trust Spieker troperue> 
IocfS S725 million. The properties are looted “Cahtaia, 
Oregon, Washington, Colorado, Arizona and New Mexico. 


a Fnuitv Office Properties Trust said it had agreed to 
* Equity uniw ^ pe™ rs ^ flank ^ north and south 


ssr&'srw' 


, iic Airways Group Inc. said that it had discussed extending 
an aircraft order deadline with Airbus Industrie, but that the 
European consortium was not interested in extending th 

deadline. 

• Waraaco Group Inc. said h had agreed 
Holdings Ltd„ which makes Calvin Klem J^’[ 0 ^ S ^ 7 
million in stock. 


Specter of Inflation 
Haunts Bundesbank 


Coapdei tn QwSetfFrvm Dapcxtha 

$§SSSwS+“ 

iS^iSSSHK 

SSsas-sssa^sa 


Oracle’s Drop Leaves Wall Street 



kcL “So long as the bond maricetsws Sted f ^^inM^home bmldmfew 


said Ed Haldeman, a money manager 

us. STOCKS 


The Standard & Poor s 500 , 

finished down 2.65 pewus, at 942.99, 
and the Nasdaq composrte mdex teU 
2.08 points, to 1,666.48. _ 


NEW YORK — U.S. stocks were 
mixed Wednesday as unexpectedly 
weak sales at Oracle drove down tech- 
nology issues. Citicorp and other banks 
n.inmi nn rtntimism that f allin g interest 

SsESfcs s5r.^ap&« 

closed down 9.4» points,^ ^ fo ^_ continue on Treasun , both rose. • i L: 


Cooke & Bieler }» PhUadelpWa-^^The 2.0 | ot the mispect ftua ; 


day after soaring — - ^ benchmark 3i>-year w ^riTe ; sfeU 3H to 36 3/16 came even i_; 

sfe s^esasssr 


- ' 


turn 


“““ on? of the fastest- and exienoing ~ ^ of ^ . . n< 


foreign exchange 


German 


inflation rale and olher inflationary indicators 


*s3a*8S3ass^~B[ffl 


rSfeg 

at 1.7724 DM, up from 1.7693 DM ot T^day. 


The dollar was also little change*! against the yen. 


slimline to 120.900 yen from 121.225 yen in spite ofthe 
^mouMement rfa wider-than-expected Japanese trade 

SQ M^ f w5laS? t ciirrency strategist at MMS. J^d the 
Groun of Seven meeting this weekend in Hong Kong 
overshadowed trading, with dealers reluctant to take po- 


sitiona untilthrv *row bow <.^131 


dualized nati<Mis_assessed current crore^valuano^ 


following , -. _ 

retail sales data for August, dealers 

A francs flom 5.9435 ^ ""“i 


francs from 1.4505 francs. 


Bloomberg, Reuters 



international futures 


Sept. 17, 1997 


High 


Low Latest digs OpW 


High Law La** Chfl» 


High 


Lon Luted Chgo Opbit 


Grains 

CORN ICBOT) 

5,000 bu irtfiteHiin- cent* t*'.***" 

SS S S w iSi»m 

SSS Is £1 ™ S 5 

w *a St %£ sst as 

Sep 98 Z75V5 OTA 

Dec 98 274 267 2721k 

E«t. sates 41,000 Twe-s sato i* AO 

Tow open W SIMM, up 436 


ORANCE JUICE tHCTH) 

1 MOO Bu.- ocrril pef fc. 

Nov 97 7025 68-R) 

jni98 72-75 7140 71 -9S 

M 75.75 7*M 74.W 

May 98 7&S0 77 JO 77 Ji 

Ed. sales NATuw now 7W 
Tiws opm W 3WTO UP 5“6 


-025 14555 
-035 9,134 

-040 &872 

-040 1,482 


1,776 

14676 


SOYBEAN MEAL (raOT) 

100 ten*- Onto* 

Sap 97 27530 CAJfl *180 

Oct 97 231.00 220.70 229J0 

Dec 97 21100 210.10 21040 
Jan98 aa.83 204J0 205m 
Mor9B 202JD0 19900 19920 
m 5« 200-50 198.00 19830 
Eat. vtm 21«0TW? 

Tues open Oil 100475. off 1,180 


1274 

■0.10 21247 
-2.50 44,107 
-3JJ0 11202 
-320 11236 
■140 9,1*4 


Metals 

COLD (NCMT O 

Sr «" a at"** 

Anrea 32500 324-50 32510 
Tun 98 32720 327» 3»-00 

Am 98 329.10 

0^98 

Ejj. aides zuno Turt solas 41515 
Tire's opart W 205521 W 2266 


4260 115853 
-tL00 15221 
-0.60 SL402 

-060 MN 
4L50 4227 

-040 350 


SOYBEAN OIL (CB0T) 

60000 in- rates pw» 

Sep 97 23-80 2326 

53,97 2350 2140 

OK 97 2420 ZJ.76 

Jan 98 2AAJ 23.95 
MOT98 24.70 2AJS 
May 98 2422 2425 

Est sates 3MW Tiws gates »21l 
Twrs open W 91707. up 1417 


2180 *022 4» 

HB4 +alB 16287 
2422 *0.19 45274 
24-40 +CL2D 11942 
24.65 +0.19 105 

2482 *022 1695 


Ml GRADE COPPER WCM30 
IsmateL- cents parm. 

Sop 97 9190 92-00 

53:97 94.10 9225 

No* 97 9A65 «J0 

Dec 97 9520 9131 

MS* 9520 «m 
Mv« 9580 94.15 


Aar 98 9520 9425 9320 

NKy98 9SJ0 9420 95.15 
ESI. sates 10200 Tun sctoia753 
Tiws opnn Irl 53.135 up 1.901 


9155 +0.15 10W 

7190 *0.15 3.133 

9465 *020 1,HB 
95-00 +115 2&»» 
95.10 *005 9£ 

9520 -0.05 979 

9520 -0-15 4425 


4125 

-Q40 


757 

1170 


SOYBEAMS IC80T) 

SOOO bu mwaium- cwj* 

S«p 97 815 779 801 

NW97 84Ite 8400 6*. 

Jah 98 649 M 6*6^ 

Mar98 654W 640 6511* 

M798 659’S 654 6564* 

Est. sates 41000 Tu« sates 51*50 
Tuffs opan W 146.981 ah 1221 


+19 1149 

■2te 94110 
■2 21788 
-3<* 9299 

■3U 7,109 


WHEAT CCBOT1 

SJIOO bu minfcroim- cents perbushrt 
Sap 97 361 K4 *1 +3 

Dsc 97 374Vi 368Vi OTU 

Mar 98 388Vi 3KJ-S 

May 98 394 380J9 39T7 * 

Est. «*» 1A000 Tuffs 5*218263 

Tub S apon Int 101 . 709 . of ! 497 


230 
♦1U *1273 
+1 23288 
l>b 4625 


SILVER CNCMX) 

MJ 0 iroy az.- cents ne/froyia. 

Sr " " s 

Mav 97 459A0 

Dec 97 46*00 457.00 460J0 
Jan 98 461.90 

Mar 98 470-50 464m 466.90 
May 90 470 50 

Jut 90 47420 

EM. sates 21200 Tins sates 2*768 
Tuffs open bit 7&J04 w» 12*0 


240 417 

20 78 

1JOO 

im 54572 
U0 22 
120 11288 
1.60 1218 
1.90 1380 


10-YEAR FRENCH GOV. BONDS (MATIFJ 

gST 0 ^ 01 9926 + am 1249J2 

Stem 9886 98*4 98JB6 +034 528 

M 98jS 9856 98J6 +034 0 

EsL sates: 114929. 

Opan InL: 121440 off 1207. 

ITALIAN GOVERNMENT BOND (LUrEl 

Ste9B isaso 110 J0 11041 *038 8 

EsL sates: 51313. Plw.KteK 4S«« 

Pnrv. upon tel: 111202 up 7,917 

UBO R, -*WNTH(CMEW 

® «37 and, »4B 

Mo«97 9435 9433 9433 UllOl. 71703 

DaeW 942P 9418 9418 ondc 4*62 

EsL HfcS 11,217 TUffs sales 1 2,748 
TVffS open hit 73391 up *763 

EURODOLLARS ICMER) 

943* undj.JM« 
Doc 97 9421 9418 ““ 

Mar 98 9416 9412 

JUtlM 9408 9423 
Sep 98 9400 93.94 

Sc 98 9329 

Mar 99 9188 9331 

Am 99 9XB3 WJ7 
Sap 99 9329 9173 

Dec 99 9324 9367 

MOT 00 9323 W» 

JunOO 9170 9325 
Est solas 567246TW* «** ^.901 
Turs open ini 2,951,971 up 1762 

BRITISH POUND (CMEW 

^rrs. 5 !ss?iWa«* »«« 

j-s ,J “ ,J “ !35*-SS n 

EsL sales 4696 Turs sates 5.742 
Tun open Int 52241 , 19 782 


r_ oo oc u 9498 95m +024 41491 

K W S 9*9? 95.09 +401 »Jg 

Mar 99 9533 9489 9498 *002 11989 

EsL gates: 171469. Piw. sitoj 177240 
Piav.apanhL: 420254 up 12223 


Industrials 

COTTON 2 CNCTN) 

7143 +113 4708 

§2=97 7100 7154 -103 47.71? 

MOT 98 7425 7420 74*5 

K 18 7523 7430 7A23 

1 7530 75m 7525 

Est. sates N A Turs sdes 11311 
Tuffs open W 8134* off 232 


9419 oodh. 59a 7TO 
9414 *031 401348 
9435 aat*. 2«^9 
9197 uwAr&m 
9185 

9183 unch.140^0 
9179 tmeft. 111.996 
9175 unch. 9*409 
9U9 unch- 71668 
9169 until. 67.954 
9166 unch. 55254 


HEATING OIL (NMER) 

5443 

Jan 98 56.90 56m 

Fan 98 57.10 5441 

W erW 

Apr 98 5520 S428 


Est. sates NA Tu« gate* 5X142 

Tuff* open W 1 54241 off 1^3 


LIGHT SWEET CRUDE INMER) 
1300 bbL* doiun per JJ»L 
M 97 1947 Ijm 19^ 

Mo* 97 19.79 J9f3 '9-56 

Dec 97 1934 1931 1931 

JOT 96 1933 19.65 1935 

PA 98 1933 1936 1936 

After 98 1937 1937 1937 

Et«. sates NA Turnsoles ljO.290 
Tuffs open hi 41A8S9, up *021 


4120 

-0J0 

-020 

-0.70 


Livestock 
CATTLE ICMER) 

41000 tes.- cents pwft. ... 

Od 97 4837 6822 *135 +0.12 ®.7® 

Dec97 OJO. 49.12 6925 +032 31342 

M9B n.70 7130 7232 +430 11441 

Juu 90 71J2 Tim +0-W 

Aug 98 71.15 20.95 7132 *027 

Oct 98 7405 73.90 73.90 + 0.10 

EsI. sates 11336 Tuffs sstesJiOl 7 

TUrs open Int 93368. affl.053 


6367 

1360 

45 


PLATINUM (NMER) 

SO tray a*- douois p« ^ay «. 

Od 97 42230 41BJ0 42120 

Jan 98 41330 40930 411.30 

40430 40330 40430 
jit 96 loom 

Ea. sdes NA Turn sate 1304 
Tuffs open Int 1 3^98. tipW 

dose 

LONDON METALS (LME) 
DolonpffiMMchn 
- - lOUghGrada) _ J1UL1 . 

159SV4 1S96V+ IfJOJJ 

161530 1615*7 1608 IS 

iGndtl 


9274 

3J07 

*14 

3 


CANADIAN DOLLAR (CA5ER) 

33007 44214 

S3 « ^ ^ 

^sssssssr 8 


NATURAL GAS (NMER) 

laooa mm Mips. spermai mu 
O d 97 2210 1*65 

Nay 97 2340 2295 

Dec 97 23G- 2.900 

Jar 98 2.935 18M 

Pea W 2375 IMS 

Mte9B 2v*10 2390 


37* 


Est. sates N A TUff* sties 42352 

Toes open W 240,940, ott 1.909 


Pravtaus 


FOTfOrt 


irnm 

160916 


GERMAN MARX (CMER) 

J676J3W 5«0J 

K ■ S3W mSSSw wl 

EsL sales 20506 Tow sateSWM 

Tuff* open htl 04584 up 1.004 


UNLEADED CASOUHE (NMER) 

S’S? fl0t ^? p SS 
gS” S3 SS 

jSob 5*m a«4 
MOW 56m 5628 
Mar 98 5733 57m 

Apr 98 
May 98 


JAPANESE YEN (CMER) 


ajj&OflVSSm’ - 204230 204330 


115 mJgot yen. % sgtJM 


EsL sates N A Tuff* sd*s 30312 

Tufft open bit 105234 ite 2262 


FEEDER CATTLE (CMER) 

50000 Us.- aents per lb. 

sSpW 8025 8057 B0J0 AID 

0097 8120 8025 80.90 uneb 

Km 97 f!32 5145 MSI +«37 

Jan 98 8160 82-15 B2J0 *030 

Mar 90 82.17 8120 8115 +020 

Apr ?8 0225 8190 8125 +0K 

Ete-sdas 2.141 Tue* rfo **8 

Tuffs opat Int 19J38.atl6C3 


Liad 

SOU _ 

FonwiU 


3066.00 2067m 207100 207100 


612ft 

623ft 


613ft 

634ft 


*3130 

*4130 


632m 

661ft 


rw97 3443 3359 3375+03028 71513 

w — — a 

EaL sate* 18-457 Tuffs stets 14560 
Tuffs open Inf 111098, up 1*543 


1243 

7,558 

1850 

3.116 

1.722 

562 


636033 637030 631100 632030 
64*030 647000 641530 643D30 


5435m 5445.00 544530 54K.00 
5490 30 550030 530030 551030 


TU 



S5 tSPK ?*lS£‘u5m MUM 1«M 
fSknI 140100 140400 1415m 141*30 


SWISS FRANC (CMER! 
{£w" P SSo ,e M124U«53 37,735 
MffN 3982 MIS W 

JunOS J050 413054 

Est. sota 11750 Tuff* 

Tuffi open Ini 59224 UP 703 


111 


HOGS-L** (CMER) 

40000 Ite.- anblHfft. 

Od 97 7125 7137 

D« 97 4720 67.15 
Feb 98 6*25 65A7 

Apr 98 6100 am 

Jim 98 6790 67.30 


High Law Otw» Chge Oplnt 


7120 

6722 

65.77 

6235 

*727 


■052 

402 

4W0 

- 0.10 

4120 


1*137 

laio 

1,673 

947 


Est. sates 73*0 Turs sates 7,140 

Tun open mt 31, 74& oh 466 


PORK BELLIES (CMER) 
41000 Uk.- cents per lb 
Feb 98 *830 6**7 6625 

Mar 91 6820 46-40 6*53 

May 90 WJ0 6*97 *6.97 
EsI. sates 230 TW» *«« 937 
Tun open Int 5.102. up 33 


Financial 
US T BILLS (CMER) 
ti nOton- atsoflOO pd- 
DX97 9499 9*95 9*96 iMflL 

ftftar98 9499 9*97 ’*« +331 

Jun 98 9429 9489 9429 unch. 

EsI. solo 670 Tun sates 567 
Tuen open rrtf 6.4^2, up 204 


4559 

1394 


MEXICAN PESO (CMER) 
S^^T^.^+mCTl 23797 

ton :ll«0 :lw« .nW2+30DH S3M 

Jim 99 .11587 11SB0 .H5BS*aO00S5 1,771 

EsL sales 1180 Tuffs sam 1726 

Tun open W 42326. up 178 


-143 

-127 

.1.17 


4S33 

d* 


SYR TREASURY ICBOT) 

1100300 into- pt» *6«h*^10ppd 
Sep 97 107-59 107-41 107-49 * 02 
Dec 97 107-42 107-22 107-32 

EiL sates 6*000 Tun «la 192364 

^^W24173iBpm6Il 


- 14770 
+ 04 223,9*6 


J-MGNTH STERUNG ttlFTO 
ST’ ?174 , «53 9225 +031 93320 
Sw 9274 9W9 "" 

Mar 90 9220 9239 

JW198 92.90 «23 

Sep 90 9330 nao 

Sc 98 9107 W29 

MOT 99 9115 9197 


9273 +034 138790 
9278 +tt» 109, 947 
9228 +0.15 71008 
92.99 +4L19 61.917 
9137 +020 57396 
9115 *821 50362 


Food 

COCOA (NCSG) 
lflmutric tans- Spec ton 
Dec 97 1690 1656 1668 

Mar 98 1722 1695 1702 

K « 1738 1723 1723 

1763 1 744 1 744 
sap 98 1776 1762 1762 

Dec 98 1783 1779 1779 

Etd. Mies B636 Tun sates [15716 
Tun open M 10*49t.efl 1338 


.31 41,112 
■30 74868 
>27 12375 
-26 3328 
■2* 4609 

-26 634* 


18YR TREASURY (ttOT) 

Sioaooo Prtn- Pb ?> Mniteol 100 pet 

Sea97 110-25 110-14 1IM8 + 03 24154 
Kw 110-17 1104D 11G39 +SDB73I 
Morn 109-31 109-28 109-30 +02 12,107 
ESI. sates mm Tun sates 199342 
Pin open W 392*99. up 11344 


EsL sates: 

Pm.oiMnlnu «0294 up 5» 


COFFEE C (NC5Q 




sep 97 lwm lsem mm +8JQ ftjj 

Ete 97 17S75 16935 17145 +SM 1M81 

Mar 98 1*1 JO 15635 16050 +550 4M6 

May 98 15435 15030 15175 +S70 L792 

jlHCa 14735 14400 wm +535 1J07 

Esi.sateftmi Tuffs sates 7332 
Tun open an 71809, up 255 


U* TREASURY BONMiawn 
<8 BCt-SloaOOHrts * 32ndsnnoa pa) 

Sep97 11*36 115.17 115-2? +M 4S0B0 
Sc 77 115-27 11535 115-1* +WS4WQ 
Mar 91 115-16 11431 11537 +07 3*400 

Ain 98 +07 3J72 

6sL Idas 550000 Tunsahte 870374 
Tun open hit 6273JL up 30597 


3-MONTH EUROMAWCttiFra 
DM1 aUBtao - risat lOOpd 
Oct 97 96J0 9*59 

Nay 97 N.T. N.T. 

Dec 97 9*44 9*41 

Mar98 9624 »20 
Jun 98 9631 »» 

Sep 98 9533 »JB 

DM 98 9543 9157 

Mar 99 9S^ 9542 
Jun 99 9532 9527 

Sep 99 9516 9511 

EAsateK 257.125 Pm sate: 512301 
micaptellOL! 1.74*356 up 72077 


2851 

350 


9*40 +031 
9*54 +031 
9*43 Unch. 301+477 
9*23 UndL 297.178 
9600 UndL 242458 
95-81 -031 164863 
9561 +031 161.242 
WM +032 141,702 
9531 +032 71810 
9516 +035 57.151 


FTSE iq8(UPFE) 

£25 per hutepoW „ 

Sac 97 50150 48740 50103 
ftR« 50553 50553 51163 
erf roL». urn Pm sides: 24315 
Pm opan mu 808*5 an 2J5» 


LONG GILT (UFFE) 


E5DL0Q0 > pts 5 32ndS ol lM pd 
- mm l i*-i4 li/ri 


SUGARWORLD 11 (NCSQ 


Sep 97 117-20 11614 117-11 +1-11 ,iW 
Kc 97 11739 115-26 M7-0* +1-12 167397 
Miff 98 ItT. N.T, 114-31 *1-12 
Est.sMas: 140JV5. Pm.saleK 52323 
Pm. open tot- 17M56 PH 2J05 


SE 


Oct 9 7 

Mar 98 1133 H77 1130 

M»98 1138 U32 113* 
jSW® 1140 1144 1148 
Est. sate 19.4*4 Tun sens 2U01 
Tunopen int 191.917, ert 4346 


,0.02 52732 
-031 85450 
-003 25757 
4)31 15508 


GERMAN GOV. BUND (UffFE) 

WW98 N.T. NX 101.53 +044 
EsL sate- 217374 Pray-KriffSjP*'* 15 
Pm. open InL: 355*9 Up 294* 


>MOWfH MB0 R (MATIF) 

^r^^^-OOl 39497 
MffVS 9*25 9*20 9*22 Undl. 30^ 

JOT 98 9*05 9631 9*353 Untt. 264*9 

Sep 9* 9536 9533 

Dec 98 WJ1 9547 

EsLKde*- 55307. 

Open ML- 20S763 off 1655. 


9534 Unch. I40D7 
9549 +031 27360 


3-MONTH EUR0URA WWE) 
ITLlftttlae-ptecrfWpoa »«,««*» 
Dec 97 9333 9125 93JU +00* 100*7 

Nku9S 9448 9*37 9447 *0.11 72497 
jSfm 9*9* 9483 9493 -009 60343 



a- 

0»f 


' 

v -• ■- 


fc 


A'-- 


.vi;- 


or: 

vs --. . 




33,. 

•fcl'. 

err. 

I-. 


ffllll* 




ltl 1 


S'lir: 

a -k . 

iff. 

hut-. 

fci*,.;. 

i.v; 

A’: - ..' 

4 ':- 

Lei .. 


"*t.- 

5^- 

*.ii 1 1 

A-- - 


’<3 
I ‘3 


GASOIL Cl PE) D+.MMuitooe 

iic daUan per meWc Ion ■ tots ol 100 ten 
Oct 97 1 67m 1*575 16*K +JJ5 27JB 


Od97 

ngr« inm 169.50 1*9.75 +130 171.08 

jS % 172m IS’k ,ur - 

^ 1ms 1^ :l£ 

AprW mm 169.75 169.75 +1.75 

Ext. sate: 10454. Ptav. sates :17m0 

Pm. open 54:9*286 up 17 


BRENT OIL OPE) , - 

U A dotes 

W IKS 

SSJ 1879 10*6 ljm -017 19372 

Jaffa 18.79 1846 £99 -tt17 

Ftb98 1878 1846 £fj -OJJ 

Mar 98 1849 1833 1854 -0.17 

EsL soles: 2*000. Pm.tdM-UXn 

Pm open Int: 141205 up M71 


Stock Indexes 

SP COMP INDEX (CMEW 

94130 945.00 -170 61,105 
K 97 Sum 95130 954J0 -1.70 1*7313 
Mv90 wm 96400 96400 -23S 1791 

Est. sates NA Tim sales 1«,246 
Tun open bd 231,740, up fc989 


Donaldson I „ 
Dreyers Grand Ice 
FJdefflyNllFIn 
FslCommwHhFIn 
Pet Palm Beach 
Frankfort Fst Bn 
GUHlInco Dllr 
HCCInsar 
HaskellntlA 
Hlg Wander I nm 
Mentor Cora 
Merit Hohfing 
Minn Muni Inca Pt 
MytanLabs 
Nutnflon lor Ufe 
ParkvaleRnd 


Q .1625 10-3 10-17 
Q 30 9-30 10-31 
Q M 9-18 9-30- 

M M6 9-26 10-6 

Q .17 9-22 10-13 

Q JJ7 9-26 10-10 

Q .12510-17 10-31- 
0 .06 9-26 10-7 

Q 317 9-26 1 0-10 

0 ^0 9-30 10-15 


.15 9-26 10- jO 


Peoples Hohflng 
PulmerPubflsh 


TempBon GBj G* 
UnHedNOBncp 
VdOey Resources 


J» 940 10-T 
.106 9-25 9-30 . 
.03 10-1 10-13 - 
JOT 9*29 IM 
OU 103 10-29 . 
SOS 9-26 10*17- 
M 9-20 10-15. 
.063 10*3 10-29 
.04 9-30 10-15 
.02 9-30 10-10 
.13 10-15 10-24- 
2t 9-22 10-1 
.1310-10 11*1 _ 
.05 9-30 10-15 
.15 10-15 11-3 
.IBS 9-30 10-15 


REGULAR 

0 .10 10-15 


strare/ADR; g-payaMe tn Gmadtai funds: 
RHnwiltily q-RuarWH; * se ra i anr uol 


Stock Tables Explained 


Soles figures ore unoffldaL Yeorty highs and laws reflect the previous 52 weeks plus the 

ck dhridend omaunnna ti 


CAC40 (MATIF) 

sSw P *2fflM I SSjl 2W8JI-im 39460 

Now 97 29*45 2WJ0 m atg-j-gg 
DOC 97 300*0 79«?J »7M - ' M 
Mar 98 WM »1M 299W-im 
Est. sates: 264M. 

Open InL: TUOO up ai09. 


Commodity indexes 

OH* Proteus 

Moody'S 14SW0 I.K940 


Rffiteis i.W470 1.90M0 

W.™.™ J2S jss 

Sources: MoM Marn kMe Pm a -Lon** 
Inn Ftnonc&FirivmBKtionge. inn 
PHnMvm Exchong*. 


current week* but not the latest trading day. Where a splltar stock dhridend amounting to 25 
percent ormare has been paid, the yeorshigh-tow rangeand dividend a re shown forth anew 
stocksonly. Unless otherwise rnted, rates of dividends oreonnual dtebunetnents based on 
the latest dedoraiton. 

a - dividend atu extra is), b - annual rate of dividend plus stock dividend, t- liquidating 
dividend. cC^ - PE exceeds 99.dd - coUed. d - new yearly hnv. dd ■ lass In the last 12 months, 
e - dividend declared or paid in preceding 12 months, f - annual rate. Increased an hut 
declaration, g - dividend to Canadian fundi subject to 1 5 % non-residence tax, 1 1 dividend 

dedared alter spRt-gp or stock iSvidend. i - (Hvtdend paM this year, omittod, deferred, or no 

oaten token at latest dividend meeting, k - Svidand declared or paid this year, an 
accumulative issue with ifividends in aireara. a - annual rate, nsdvctd on ksst declaration, 
n - now Issue In toe past 52 wssks. The high-taw range begins with the start of fradlno. 
«*A - "»• doytWlwry. p . irUKol Cvidend, annual rate unknown. P/E ■ price-earnings ndto. 
q - dosad-endmutuaifurKL r - divfdend declared or paid In preceding 12 month* phis stack 

dMte«L8-^tt Divkteifo begins with date of wltt. sta - alas, t - tftvtderSpald In 

stock to preceding 12 months, estimated cash value an ex-dMdendor«x-dlstifomiifo dote, 
u- new yeartyhigM- trading halted, vt.in bankruptcy or recehwshfoorheiM raoranidirf 

wl - when hmcdf ww . with warranto. * - w-dMdend or ex-rights, xdb - 
x» - without warrants, y- ex-divld«M and sales In hHL yW . yteST Sfos 


# 


\ivj^k 


■ ; I pj m h lit w \i i a HwM mt * : m re i/a m ^ w> 


ASIA/PACIFIC 




^ Priii 
"T ^eanJ 
1 > jrf 
'•■ nd i <rf 
‘ :on /lhz 

and *s. 


Thai Bank Allows Foreigners to Buy 45% Stake 


By Thomas Crampion 

r - In ternational Herald Tnbunv 

B ^NpKOK — A private Thai bank, mov- 
_ i to shore up shaky finances, announced on 
* eonesday a capital increase that gives a 45 
p rcent share to foreigners and reduces the 
i ituly that owned it to a minoritv sbare- 
n ilder. 

T? e .i move by Lacm Thong Bank Ltd. 
« UXea the first time that foreign investors 
■ been allowed to own more than 25 
p rcent ot a Thai bank, and was therefore a 
» rt of test case for rescuing lliailand's trou- 
b ed banking sector, analysts said. 

More broadly, they said the move might 
“ raid the kind of changes that are expected to 
sweep through Asia’s troubled financial 
^ arid, as foreign investors arc allowed in- 
£ sased ownership of local banks and othei 
4uuun.iai institutions in exchange tot capital. 

The move came as the rating agency Stan- 
d id & Poor's Corp. said n had downgraded 
a ven Thai financial institutions amid the 
e untry's ungoing economic downturn. 

Gurdisi Chansrichawia. w hose oldei bruth- 
funanaged a hostile takeover of Luem 1 hong 
in 1987. said he would slep down as chief 
executive and president to "show good cor- 


porate governance.” Independent directors velopment and consumer credit, a recent 
will be brought in. World Bank report said. 

Appointed president at age 28. when his Calling for reform, the report estimated that 

family bought the bank, Mr. Guiriist said the nonpeiforming loans in the region, including 
rising levels of nonperforming loans had pre- Japan, could reach $660 billion, 
cipitated the capital increase, although ex- In Thailand, which is suffering a severe 
partition had always been part of the bank's economic slowdown and whose currency is 
strategy. plummeting, nonperfomiing loans will reach 

Laem Thong is the smallest of T hailand ’s at least as high as 15 percent of total loans. 
1 5 commercial banks but the first to increase Standard & Poor’s said Wednesday as it 
its capital since the ■- downgraded the sev- 

Bank of Thailand ...i ; ^ en Thai financial in- 
cased the 25 percent The recapitalization may stitutions. 

restriction on foreign herald changes throughout Smaller banks 

ownership in late , . . . ° ,, . . . have also been hit by 

June. the banking world m Asia. depositors fleeing to 

•'The foreign foreign and large do- 


Bank of Thailand 
cased the 25 percent 
restriction on foreign 
ownership in late 
June. 

"The foreign 


Hendrix, executive vice president of Bank of the majority withdrawn during 10 days in 
Asia. July. Mr. Gnrdist said. 

"Foreign ownership of heretofore family- Mr. Gurdist, whose family's stake in the 
owned businesses, not just banks, is bank was slashed from 70 percent to 30 per- 
viiiiicihing we’ll see more often.” cent by die recapitalization, said the decision 


Banks aao&s Asia are currently weighed to seek outside equity was emotionally dif- 
ilown a uh poor-quality assets thanks to ficult but unavoidable. 


overly friendly relations between borrowers 
a> well as excess lending for real estate de- 


4 ‘We haven't lost the bank, we are allowing 
it to grow along its natural course,” he said. 


adding that all the investors were family 
friends of long standing. 

The Sheikh Ahmad al-Sabah Group of 
Kuwait and Sofaer Capital Inc. of Britain will 
each buy a 20 percent stake for 1 billion baht, 
while United Communications Industry FLO 
of Thailand and affiliated companies will buy 
a 10 percent stake for 500 million baht, Mr. 
Gurdist said. 

The hank's recapitalization will raise 
shareholders' equity to 6.86 billion baht from 
3.93 billion baht and increase its share capital 
to 5 billion baht from 2.5 billion bahL 

Bank shares rose 0.5 baht to 15.5. 

Family holdings range from finance to in- 
surance companies, but Mr. Gurdist said 
about 90 percent of the family assets are now 
in land 

Under Mr. Gurdisi’s direction, the bank has 
moved from wholesale credit into retail bank- 
ing, expanding its network to 51 branches, 
from 19 in the Last two years. 

Mr. Gurdist said in an interview that Thai 
banks had put far too much faith in the value of 
customers' assets. ‘‘It is tough when you have 
a longtime reliable customer, in the jewelry 
trade, for example, who want* to borrow 
money to build a condominium, something he 
knows nothing about,” he said. 




. —TJ&oo - - 

16000 — " — ¥ — jj 

A— 1 2100* 


15000- Ift 

-V? 2000^ 

V-- : -r.20000--^ 


vr j’A'S* J‘ J‘A'8 J ’' J ' A s 1 








Source: Telakurs 


taerulioni HemU Tribune 


Debt Mires E YCO 

r 

"Peso at Low as Firm Seeks Aid 

ii- 

Blinnihti s Vt-irs 

MANILA — As the Philippine peso couched a record 
46w against the dollar Wednesday. EYCO Group asked 
■'Philippine regulators for protection from creditors in the 
first of what could be a wave ut defaults triggered by the 
‘TJUrrency’s collapse. 

EYCO. whose main busuvess is making Ians and other 
-'feppliances, said it owed 2. OS billion pesos t $64.3 null ion) 
'40 some of the county - s btggeM banks. Ii tan into trouble 
1 by expanding into property development, heightening 
concern that the Philippines is headed for the kind of real- 
estate meltdown that crippled Thai lenders with bad 
debts. 

— "The bubble is bunting, said Raphael Manu lay say. 
director uf SocGen-Crusby OBP Secuiiiies Ini. " rhe 
asset- inflation-driven growth that we ve experienced 
over the past three years is coming to an end.” 

EYCO's stumble, two months after the peso's de- 
valuation, suggests that rising borrowing costs will leave 
banks with more bad debts It also w ill not help the Manila 
stock market's benchmark uidc.s n.w. i.ui.i a 46- 
perceni slide in dollar itu..* .-.o la> .m ^ 

• E^CU Itself blamed Itu r iui 111 III. . »I *. ...ai kei 

which ha> resulted in iiic Duotuc cv, • a» «*cll a* 

skyrocketing inieresi i.ite- iii.ii a*.*. ramed die f*csu s 

tumble, for its woes. 

"There will be more »•* these coming out. said 
Andrew Long, the research head of Philippine TA Se- 
curities Inc. "When you have 5H percent loan growth, 
some of them have got lo turn bad ' 

. EYCO sought protect ion from the Secunties & Ex- 
change Commission. which would give it immunity from 
suiLs as il reorganizes. The group said it has enough assets 
to coy er iis liabilities and w ill be able lu repay them il it's 
given "ihe necessary breathing space. ' 

Analysis said w hat's troubling. i<*E\C'U k admission 
■that ii shuffled money between its 1 1 companies. That 
suggests loans to property projects arc being under- 
reported. and would undermine the central bank's ar- 
gument that real estate lending hasn't been excessive. 

*; The dollar rose Wednesday to *2 50 pesos from 32.35 
; On Tuesday but reached as high as 33.25 pesos in Manila 
trading. Its previous high was 32.36 pesos Since the 
.central bank allowed the peso r<* trade in a widei range 
July U. it has Kilter- _* per.-ent 

President Fitlei Kami - blamed die ati.u. k i >n the p*-m*.hi 
, its "enemies. un.liid>iic yloh.ii -pecu nr*" - 


Very briefly 


• Malaysia will discourage citizens from vacationing abroad 
in an effort to reduce the county's current-account deficit. 
Culture, Arts and Tourism Minister Sabbaruddin Chik said. 
He said the government would place no restrictions on those 
pla nning trip abroad but would promote domestic tourism. 

• Nepalese ready-made garments will be allowed duty-free 
entry into the European Union under the Generalized System 
of Preference, Nepalese officials said. 

• Daewoo Corp. signed an agreement to invest $1.28 billion 


in a joint venture with Avtozaz, an Ukrainian carmaker, 
expanding the Sonth Korean company's auto manufacturing 
base in Eastern Europe. The venture is expected io produce 
230,000 cars annually, including updated versions of the 
Ukrainian Tavria, General Motors Corp.’s Opel Vectra mod- 
els and 125,000 Daewoo cars. 

• Rio Tinto PLC, the world's largest mining company, said it 
would move ahead with the $5 15 million development of the 
Yandicoogina iron ore mine in Western Australia state after 
settling a dispute with local aboriginal groups. 


• Lee Shu- joe, chairman of Tawian's state-owned oil mono- 
poly, Chinese Petroleum Corp., resigned after assuming 
responsibility for a gas explosion that killed five people ana 
injured 23 last Saturday. 

• European Union finance ministers plan to press the gov- 

ernments of 10 Asian countries to submit market-opening 
proposals in-upcoming global financial-services talks, calling 
open markets the best way to prevent turbulence in currency 
and stock markets. Bloomberg 


Want to get more out' of every business expense? 


The American Express Membership Rewards 


experience more 


€oms21 Signs Contract 
sWith Chinese Insurer 


/■'< :ihrr\ 

SYDNEY — Com.-: i Lid . 
an Australian high-ln. h:ml- 
ngy company. jin ii ' iiiticd 
Wednesday j Jejl u ?Jid could 

he worth more than i 5 billion 
Australian dollar- i$l t*S bil- 
lion) to make -marl cards !*•: 
China'- large-! life in-uiei amt 
its 242 nil'll* **-. policyholder- 
-The deal involves supple me 
curds and readers to People - 
Insurance Co. of China 
/'Selling smart caul- ami 
smart-card readers for those 
.sojlsof number- will produce 
sqjfes in excess of 1 .5 billion 
.dollars,” said Frank Favretto. 
Coms21 executive chairui,ui. 

|poms21’s shares closed up 
4 ijents, or more than 10 per- 
cent. at 42 cents. 

In ihe first phase of the 
deal. Coms2 1 will provide 

200.000 smart cards to P1CC 
Lite sales representatives and 

1 5.000 desktop readers to the 
irtiurer's branches. 

;In the second phase, which 
is-io start once the curds are 
delivered to P1CC Life's staff. 
Q<nis2 1 w ill provide a smart 
*.;» id for each of the insurer's 
242 million customers. 

."Phase mo is dependent on 
t’husc one progressing satis- 
iJCtonly." Mr. Favreiio said, 
« ' but this technology has been 
S ried and proven by PICC " 


Con i- 2 1 -aid it exacted to 
Mart integral me its technology 
into PICC Life's computer 
iiclMitik ill l kiiihei and com- 
plete di-liverv to PILX Life 
wurkeis eailv next year. 

I lie Cnm-2l -mart card 
has microprocessor chips 
a‘Me to carry digitally recor- 
ded phoiuei a|*hs. financial 
J.n.i and cash-balance mtor 
mat ion that can he read re- 
motely through a portable 
>ma n-c jed readet . Pol icy * 
holder- would be able to pay 
premiums using the card. 

Mr. Favretto said the deal, 
Coms2l\ third in China, 
could generate profits of 
more than 250 million dollars 
over seven to eight years. 


Bill IihimEx 
Dcasion-D easio a-D easian 
GLOBAL EQUITIES 
FOREX-SWAPS 

RATES -COMMODITIES 

WWW.MJT.CH 

ManagemencJamc Tran 
F0 Box 5337-1211 Geneva 
Fax '320*07 TM 


program gives you free travel to where you realty 


v; *’i 

m 


•Mj r la 






c mi ' 2'Vi. 

It . fl fc ii fit" u 








time that you got a little more out of it? 


| ” NOKD/I B \orddeutScheS?CUritit-* H-C 

, NU. 3tHUKMUK«> 

! Notes* 19^ din* 2007 

j CsMIMlhwl h\ \if-J.1riil-4 Ih ljJ‘ih»l:i» lililAUlWh- 

j V LeadManamfr •' September 1997 

! lilh^lviiiK lnlimiUi'iyl.L«vpir.ile.iiiitliiiiMirfciil Bulking, 

| ^ * foi. t r«x i o 




1 


Rabobank 

k j tem a tional 


' • pfOfyan f. cAf>ci *o co?*4r»:'<‘r<; 

t g t + mjLi Liy met . ;on$ nay .v ^ } 




Cards 


UP * 
















































































































































f )l\ O* \ 


b, ^DNESDAX, SEPTEMBER 24, 1997 


PAGE i 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


PAGE 17 


EUROPE 


!nQ S et to fi e . 

^UING — pL 0f t 

» fecS 

i^SS 5 >^ 

: v '— : p: 

V( *ruatio n JL t . ) 

. ;^ 4 ; 

\- ; ; tTC 

.1- - ."• 

. •••'' ' ; -■■ -Aci^ 

- ' - • - : : : ’Oiif 

•• _■ "■ MSi. 

- . ■ - r *clv » - * 

•-. •• J>Mv 

■ *UVr, y 

«.*, 

"" ' { 

• •- 

•- r ’ : - repihv. : 

^ ... -*i Alik 

' ■ ~ 

‘ ‘ - '~ii icr i 
_ ' ; '-i ht. 


* > \ Hi fitly t/pe/incr 

” '"nil Korea 


South Africa Seeks to Polish Its Diamond Industry 


By Suzanne Daley 

W«r fort Times Sendee 

JOHANNESBURG — On a recent morn- 
ing Wendell Littler, 21 , was staring through a 
magnifying glass judging his polishing work 
on a tiny diamond, just six-hundredths of a 
carat — worth barely more than $30. 

‘it is almost finished now,” he said, with a 
sigh. A week, before, it had been considerably 
bigger and worth at least six rimes as much. 
Bur he had tapped it just a bit too hard against 
foepolishing wheel and it ha <1 

The minuscule stone he now appraised was 
all that could be salvaged. 

Another misjudgment and he would be 
asked to leave the Harry Oppenheimer Dia- 
mond Training School, named for foe mining 
magnate. 

^ Even the first slip was sot taken lightly. 
‘‘They were shouting all over the place,** Mr. 
Littler said, glancing furtively down the row 
where his instructors were busy for the mo- 
ment with other students. 

Inside a building in central Johannesburg 
called foe Diamond Center, which looks quite 
ordinary except for the men in suits with AK- 


47s outside, more than 40 students are bent 
over gleaming polishing wheels the size of 

record turntables, carefully, very carefully, 
trying to buff 57 perfect facets onto their 
diamonds. There isn’t much talking 

While South Africa remains one of the 
world's largest diamond producers, it has 
never had much of a hold oa the lucrative 
industries that follow mining — appraising, 
cutting, polishing and jewelry -making. Those 
jobs have gone places where labor is skilled or 
cheap or both. 

But South Africa is hungry for jobs and, 
with the burden of international sanctions 


lifted in the post-apartheid era, it would tike to 
bring home some of those paychecks. The 
school, officially opened last month, is a piece 
of foe strategy, financed by industry donations 
and aided by tax incentives. 

More than half of the students are on schol- 
arships aimed at bringing more non whites 
into foe business. Apartheid taws allowed 
blacks into the industry in 1976 because 
cheaper labor was needed. But few were able 
to become full-fledged tradesmen working on 
high-quality stones for higher salaries. They 
were allowed to do only foe crudest, most 
repetitive grinding jobs. 


Russia Gem Firm Gose to Deal With De Beers 


Coop/ltdbyOur Staff Fran Dupmcha 

MOSCOW — The Russian diamond 
monopoly, Almazy Rossii-Sakha, and De 
Beers Centenary AG of South Africa have 
started the latest round of talks in a long- 
delayed gem trade agreement, ARS said 
Wednesday. 

Vyacheslav Shtyrov, the ARS president, 


said foe trade agreement was ready for sign- 
ing. ‘ ‘The signing of the agreement could take 
place as early as this month,'* he said. 

Separately, South African gold mining 
companies signed a two-year wage deal with 
foe National Union of Mineworkers that l inks 
pay rises to increases in output and pro- 
ductivity. (Reuters, Bloomberg ) 


Frankfort: 
QAX '. . 


That’s not what we want here,” said 
Aubrey Hoskin, who oversees foe school's 
polishing instructors. “We want oar guys to 
twine best. They want it, too. You can feel 

can take students as much as rwo weeks to 
finish their first stone. Some will finish fewer 
foan a dozen by foe end of the six-month 
course. But in foe real world, speed counts. In 
some factories, a worker may be expected to 
polish up to 30 diamonds a day . 

How to bolster South Africa’s cutting and 
polishing industry, which at its peak employed 
about 4,000 people but now employs 1,600, is 
a matter of some debate. The government has 
a commission investigating foe issue. 

India does most of foe world’s cutting and 
polishing. Cutters in village factories there 
may work 50 hours a week for S50 a month. 

Israel, New York and Belgium were dia- 
mond-cutting centers but have been in decline. 
To compete, they are cutting bigger diamonds 
and relying more on sophisticated technology. 
South Africa needs to follow suit, experts say. 
Union officials want to see De Beers Corp. sell 
more of its big stones here. But De Beers 
executives object, citing marker forces. 



A M J J 

1997 

Exchange 

Amsterdam 

Brussel* 

Frankfurt ; ‘ ■ 

Copenhagen- 

HefelnM 

Oslo 

London"-. 

Madrid 

Mten 

Paris y- •• •: 
Stockholm • 
yteona = 
Zurich 

Source: Tetekurs 


London 
FTSE 100 1 
. 5200 
5000 - 

r 4800- ,1 

; 4600 ft/V 
4400 J 

i-.«a 

1997 


Pails ‘ 
CAC40 


A EX ■■ 

sel-20 ;• 

■QAX', ' ■ 

Stock Marfcgt 
HEX General ■■ 

•o&f- ' . 
FTseioo 

Stock Exchange 

ubstbl;..: 

:CAC40.' . 

SX 16 

AT*-- . " • 

SP1 . 


I J A S “"A M J JAS 
1997 

■ Wednasday Prev. • % 

’ Close Close Change 

898.11 682. 10 +1.8* 

: 2£7&84 2J75.43 +6 19 

4,010.46 3,898.95 +2.86 

■ . 61029 605.47 +0.60 

WjjS. 3,38 3-81 +1.21 
■ 634.70 692.91 +0.26 

; 5,013.10 4,976.40 +0.74 
601.46. ■ 600.53 '+0.1 5 
V08t' 14876 * +0.03 

. 2^)44.00 2,940.55 +0,12 
3*391.26 3^70-95 +0.60 
_ 1 ^-82 1,349.30 +1.4 1 

~~ 3,555^6 3;461,16 +2.14 

ImcTTUlKHul Hnald TnbunL- 


! Moscow Joins 
Creditor Group 

C-^rpOrd 6t Oar Staff Fwm Paper ha 

PARIS — Russia joined foe 
Paris Club of creditor nations 
Wednesday, a move ir said 
would bolster its finances by 
tripling foe amount it gets from 
debtor countries. 

Russia also said it would sign 
an agreement with foe London 
Club of creditor banks Ocl 6 in 
Moscow on reorganizing $35 
billion in commercial debt. 

“Russia has settled its prob- 
lem as a debtor.” said First 
Deputy Prime Minister Anatoli 
Chubais said after he signed 
documents making Russia the 
19th Paris Club member. "It’s 
now settling its problem as a 
creditor.” 

By joining foe Paris Club. 
Russia will be part of nego- 
tiations with developing coun- 
tries that have defaulted on all 
or part of their debt 

Only a year ago, Moscow 
itself signed a debt reorganiz- 
ation. 

Russia inherited foe billions 
of dollars worth of debts owed 
both by and to the former Soviet 
Union when it collapsed in 1991 
and the republics went separate 
ways. (Bloomberg, Reuters) 


BG Begins $ 2.1 Billion Buyback of Its Shares very briefly: 


Bloomberg News 

LONDON — BG PLC, Britain’s 
biggest natural gas distributor, 
began a £1 J billion ($2.07 billion) 
buyback of its stock Wednesday as 
foe effects of a financial restruc- 
turing and stronger gas demand 
helped more than triple second- 
quarter operating profit 
The owner of the Transco 
pipelines, which formed in February 
when Britain broke up the old Brit- 


ish Gas monopoly, also said it would 
take a £4.9 billion charge to reflect 
21 percent lower pipeline tariffs that 
regulators have demanded. And it 
said it would pay a dividend of 8 
pence a share this year, down from 
14J pence a year ago under its old 
structure. 

Together, foe moves highlight foe 
final steps in BG’s financial reha- 
bilitation after foe breakup of British 
Gas. 


The company said foe moves 
would make it financially more ef- 
ficient, with a higher dependence on 
debt financing than before, and 
smooth foe way for quicker growth 
from overseas gas production proj- 
ects. 

BG shares finished down 11 
pence at 258. Analysts attributed the 
decline to disappointment that foe 
dividend was cut so much. 

The charge was slightly less than 


Pechiney’s Profit More Than Doubles 


CarpUed by Oir Staff From DUpacha 

PARIS — Pechiney SA, foe 
world’s fourth-largpst aluminum 
producer, said Wednesday that first- 
half net profit more than doubled 
from the like period last year as it 
benefited from one-time gains and 
cost-cutting. 

It also said it planned to restart by 
foe end of 1998 all its aluminum 
production capacity that has been 
made idle under a producers’ pact to 
cut output 

The company said the decision 
was based on prospects for strong 
world demand and a tight market 


situation toward the end of 1999. 
Three-month aluminum contracts 
fell by $4 a ton, to $1,604, on foe 
London Metal Exchange as traders 
awaited a response from other pro- 
ducers. 

But analysts said that the market 
had already factored in additional 
capacity, much of which should be 
absorbed by increases in demand. 

Pechiney’s net profit in the six 
months to June 30 was 1.03 billion 
francs ($172.8 million). Thai figure 
includes 560 million francs in gains 
from asset sales: 49S million francs 
from foe sale of foe group's stake in 


Carbone Lorraine and 65 milli on 
francs from foe sale of its stake in 
Carbone Savoie. 

Asset sales targeted for the 
second half of 1997 are unlikely to 
generate more than 100 milli on 
francs, Pechiney said. 

The company predicted that full- 
year profit could exceed analysts* 
consensus forecast of 1.175 billion 
francs. Pechiney reported a net loss 
of 2.98 billion francs in 1996 after 
taking hefty restructuring charges. 

Pechiney shares finished in Paris 
up 11.90 francs, at 298. 

(Reuters. Bloomberg) 


foe £5 billion BG had warned it 
would pay, and the dividend was 
slightly less than foe 8.5 pence So- 
ciete Generate Strauss Turnbull had 
estimated would be paid But the 
size of foe buyback exceeded fore- 
casts of about £1 billion, and Philip 
Hampton, finance director of BG. 
described it as foe '‘maximum’' that 
could be executed. 

For foe quarter, operating profit 
before tax, interest or special charges 
rose to £231 million from a pro- 
forma £66 million a year earlier. 

Excluding a £514 million charge 
for the windfall tax. disclosed in 
July, profit was £ 169 million, or 3.8 

g :nce a share, in foe second quarter. 

G did not give comparisons with 
foe previous year. 

■ Kingfisher Profit Rises 

Kingfisher PLC said first-half net 
profit rose 47 percent, beating ex- 
pectations, on strong sales growth 
and increased efficiency at its B&Q 
home-improvement and Comet 
electrical-goods chains, Bloomberg 
News reported. 

The operator of five retail chains 
in Britain and Europe said net in- 
come for the six months ended Aug. 
2 rose to £1 1 4.9 million, or 15.9 
pence a share, from £783 million, or 
1 1.8 pence a share. 


• France will raise foe CSG income tax by about 4 percentage 
points in 1 998 and cut payroll taxes by 4.73 points in an effort 
to increase consumer spending, the government said. 

• France’s Mattf futures and options exchange plans to 
combine trading and clearing operations with its German and 
Swiss counterparts to better compete with foe London ex- 
change, Europe's largest. 

• Volvo AB said eight-month truck sales declined 1 percent, 
to 41,464 units, against a year ago. Volvo Trucks is to invest 
850 million kronor ($110.S million) to increase its motor 
production capacity in Skoevde, Sweden. 

• France Telecom SA is to cut domestic long-distance call 
rates by 21 percent and international tariffs by an average of 
17.5 percent, gearing up for greater competition next year. The 
cuts will take effect Oct. 1. 

• British unemployment fell to a 17-year low in August, 
dropping by 48.600 to 1.5 million, giving a jobless rate of 5.3 

percent. Bloomberg, AFP, Rcuten 

Speculation Helps Rossignol 

emptied try On Stiff Firm DuoaKkrt 

PARIS — Shares in Skis Rossignol SA climbed 
Wednesday on speculation that the French maker of winter- 
sports goods may be a takeover target following the ac- 
quisition of rival Salomon SA by Adidas AG on Tuesday. 

Salomon shares surged 77.50 francs, to 516 ($86.60.). 
Adidas’s deal valued the sporting goods maker at 52 1 .50 
francs a share. Rossignol shares rose 5.00 francs, to 
134.50. Adidas shares surged nearly 8 percent after 
tumbling Tuesday. They dosed Wednesday in Frankfurt 
at 234 DM ($1 32.08), up 26. (Bloomberg, AFP) 


WORLD STOCK MARKETS 


Wednesday Sept. 17 

Prices In local currencies. • 
Tetekurs 

High Law Oom Pm. 


Amsterdam 

ABN-AMRO «. 
Aegon 151: 

AMD 
AteoNobd 
Boon Co. 

Bats Wats cm 34* 
CSttcw 1 

ttardijdie Pel UOi 
USM 
Etavter 
Forte Anew 
Getroaks 

G-Brocevo .. . 

tsssr as 

Homhhkcm 126! 
HunfOougte 
*NG Group 
KLM 
KNPBT 
KPN 

NedifardGp (O: 

tel 

FhMpsEfc c 151i 

RmSSSdHdg 81 ! 

Robeco 

fta lm at 

wkuhi _ ■ ■ 


Unteverew 

vmfacMi 

VNU 

Woven W«w 

Bangkok 

AdvMoSve 
BaoghABkF 
KiumThoi Bk 
PTT Expior 
Son Cowart F 
Skan Cora Bk F 
TaleaxwjsJo 

llMCoram 


AEXiedBcm.il 

PrwfawM2.il 

I 40.10 40 SO 39 .70 
I UBJO 1S1 147.40 
I 51.40 5120 3U0 
325 326S0 320 

119.50 122-50 121 

I 33 U30 33L20 
i 9410 9450 9X60 
I 109 109 107 JO 

! 18X80 1B8JB 190 
( 31 JO 31 JO 3140 

i aaao 82 bojo 

> 41L5D 41-50 40-70 
5X30 5150 a 
I 99.90 10050 99 JO 
I 344 348 349.4 

1 11920 123.40 11830 
, B5J0 8540 KW 
I 9030 9130 9030 
69.90 7070 7230 
I 4840 51.10 48.50 
I 7440 7450 7480 
I 5940 60.70 59.90 
1 i8J0 60 
| 242 243 Z16JD 

147 151-40 14430 
I 11450 11450 11450 
82 8270 8130 
19040 19030 18410 
6170 62-20 61-60 
I 18X50 190 18490 

11770 118 117.70 

10BA) 108.70 „ 1W 
419 42130 41470 
11330 11440 11450 
4410 4430 43.90 
241 24130 24130 

SET tadac 517.* 
prariMS 52731 

214 214 222 

143 U9 145 
7425 » 24® 

370 372 372 

570 570 580 

102 102 105 

2830 2830 »75 
4175 4475 4730 
9930 102 101 

9430 100 107 


Bewog 3930 

BMW- 139230 

CKAGCotoria 154 
Cnraraenbonk 6070 
DcfcaterBenz 13270 
Degw*cr 98 

Dented* Bonk 11030 
DwtTdekaH 35 
DttsdnerBenk 79 
Fresenfa* 312 

FfescirtraMed 13130 
Fried. K/UPP 3030 
GdK 9630 

(WddbgTnrt 141 
HenfcripW 10440 
HEW 450 

Hodfief 8030 

Hcectmt 744) 

Kontatfi 650 

Lotewjyw 93 

Unde 1260 

LuMkhhoR 3530 
MAN 557 

Manoesnanp 867-50 
NMSgeseBtdKrtl3930 
Metro 8130 

MuidilfcieckR 598 
Prcusmg 48730 
RWE 8573 

SAPpllJ 4X36 

SdMrtng 18230 
Sd Carter 241 
Semens 11490 

isffisr hs 

v&r « 

VEW 565 

EE™, 


1380 -1391 135230 

150 15130 15230 
5930 6040 60 

131 13270 12870 
92JO 97 9030 
10830 10935 105.90 
3445 3439 3485 
TIM 7B.15 77.10 
308 305 305 

129 13140 13230 
360 363 35730 

9730 96.90 97 

140 14) 140 

10U0 10*40 9970 
4*5 445 450 

7930 79 7930 

7240 7345 7245 
643 6«3 61330 

89 93 9230 

12* IBB 1201 
3520 3540 34ffl 
531 53530 525 

855 86450 B43 

3975 3940 3930 
80 KUO 7650 
588 59730 560 

484 486 48430 

83L30 85J0 8030 
425 50 43QJ0 411 

17940 18170 17940 
235 241 23130 

11570 11645 11540 
1450 1300 1420 

*50 856 835 

402 * 0 7 SO 4B *0 

9680 9670 9430 
564.90 565 553 

77530 77930 739 

1150 1171 SO 1157 


PufaBcB k 
Renong 
Resorts World 

P l^ f l U KlH PM 

Stoe Darter 
TefaksraMd 
Tern an 
litt Bflin eras 


London 

Abbey Nsrtl 935 683 U4 180 

AfiedDoroecg Affi 476 484 477 

Angfan Water 812 603 837 602 

Ajgc* 674 641 *45 683 

AsS^GfOW 133 148 132 148 

Assoc BfAorts i39 SJ3 5J9 576 

BAA 572 545 547 546 

Barclays 1535 1478 1492 1490 

Bass 830 642 845 845 

BAT ind . 5$ 5.13 5.19 572 

BmASarttasd 440 448 434 4J3 

BtueCkde 4.07 192 192 196 

HOC Group 1186 1076 1085 1044 

Baab 877 871 674 873 

BPBlud 340 335 156 155 

BrtAerosp 1*50 1648 1681 1633 

BtfAlreoyl 7.10 648 671 7JJ4 

BG 272 237 238 249 

CM Lund 633 583 539 589 

BrtPeHm 9.11 687 9^ 881 

BSkrB 443 435 458 440 

SflSed 185 ITS 185 175 

BnfTefacOT 485 385 481 195 

BTR 24B 2J4 240 2J8 

eurnafr Casfrd 1095 10JB3 1088 1075 

Burton Gp 170 1.16 170 1.17 

CDbfaWWest 535 573 530 580 

Cadbury Schw S77 547 572 172 

Carton Comm 115 487 104 507 

Coauui Union 775 735 741 780 

Compass Gp 674 685 674 68? 

Coo£5S» 376 107 126 110 

owns 640 6J3 634 631 

Ete3rocoropenert»4^ 443 465 444 

EMJ Group 672 588 6 610 

Enww Group 647 4J9 643 6J9 

gateSter CS 680 620 673 448 

Famtofartat 175 173 173 172 

Acddenf 946 9 3D 936 940 

C FC 189 182 384 385 

GKN 1383 1289 1285 1282 

GtaaWefnme 13J9 1218 1235 13X4 

GronoduGp 8.15 6X5 6X7 BX9 

173 5X7 5X8 IS 

GRE 196 X92 286 287 

GfeBSJfcGp 436 432 453 432 

G Sera 174 141 171 545 

GUS 671 641 689 442 

Hays 646 640 565 642 

HS&CHM® 19X5 1167 1686 T647 

IQ 1017 1077 1013 HJX5 

iami Tobacco 163 345 271 383 

S 786 7.96 783 

LoSrote 272 244 266 246 

SdSeZ 977 9.18 9.18 978 

LaSo 74i 243 244 244 

Legal Genl Grp 46* 445 449 456 

lSSs TSB Ge 749 730 743 748 

UwiVrrtY IV in 2» 218 

Marts S porter 198 582 586 583 

MEFt 439 471 476 471 

M^avrAsse* YU* 1240 1242 1247 

HtScnd Grid 285 279 281 277 

538 SSD |74 

WnJWest 8L96 875 B78 240 

SSl 745 H0S 7J8 7X1 

Now* Unton 3% 3X0 3X5 3X6 

Of TTno e 271 216 217 120 

PUJ 690 647 649 686 

Pearson 743 740 733 7-57 

POcMw 137 148 135 148 

p£S>en 781 730 734 776 

PreStrFamd 5X5 577 577 577 

648 634 44) 6X8 

Mwrifa S.T2 780 609 777 

rSTgtouP 346 X4S 152 IB 

RaSaSEr 9^ 940 970 975 

Dedtand 280 284 287 285 

58* 574 574 577 

*“** SWW ^ 2X6 IjG 2^ 

!S fS SS !£ 

HUroO 976 936 949 970 

RMC&W 10S 10^ 1054 10^ 

Rrflj Royce 236 2X0 2JS 279 

677 612 612 620 

sSSiSunAI 545 S38 SJ9 SJS 

392 383 388 383 

Sctosbwy 4J6 430 433 428 

1X15 17.95 1796 1785 
SartNwcasfe 7X1 7M 740 7X6 

Sot Poww 435 448 431 430 

VeuriST 157 253 254 236 

SSwnTrwrt 873 845 844 

Ttnrtsp R 440 450 450 435 

1137 11X5 1141 1175 
Nephew 188 186 187 187 

SjnSftKKDe 549 546 &S 545 

sSSstad 189 881 889 &37 

445 443 455 441 

StaScoadi 683 673 683 676 

ISdawler 126 115 115 786 

Stf 1 * S S8 iSS a 

iS fi! IS IS & 

u3j£? IMS 1?^ 17^ 

js&r” /J ^ a a 

muSfiu _ 


283 277 

X30 374 

77 0 7X5 

26 2575 
680 655 

930 9X5 

850 115 

1240 12X0 
468 446 


280 277 

130 3X6 
7.15 7.10 

2575 26 

645 685 
9X0 950 

130 830 

12X0 1240 
450 448 


HOC Group 

Buds 

BPBlud 

BrtAefosp 

BrffAlnww 

firrt Land 

BrtPeftm 


Helsinki 

EosoA 

HalrtomnWr 

Kemlro 

(total 

Media A 

MefeaB _ 

Metta-SataB 

Kate 

Notia A 

OrtoihYMynM 

OutakarapuA 

UPMKHramene 


Provides: 338381 

I 48 4850 4730 

K? m m 

4650 4650 4650 

6930 70 70 

22 2250 2180 

155 156 152 

; 4530 4740 *5 

l 137 138 13750 

437 43930 436 

173 17X50 172 

9030 91 90 

13440 13540 13410 
7930 8070 79 


Bombay Markets Closed 

BrMAnto ®7 5462 S 54125 s^sj Stock markets in Hong 
SumE ’S^95o S Kong and Seoul were closed 

ted D« Bk 10675 JMious^wg Wednesday for a holiday. 

jUolnnogorTei 265 25471 25630 2« 

^ ^ - - 

28225 283 289 - 


eeas’MJij— -wh 

■ - Astra Ira 3375 3100 BOO 

Brussels Egg! |||| 

ga. 1 1 1 1 

CBR 3300 3190 3290 3240 Sampo gna H M ^ g ^ 

ffiaruar ^ ^ 1 | ’ | fflrSSSs. S ^ ^ ^75 

IS ^ 33 5S 7 S 

7)60 nio 70* U UM 719182 


Kjanum /ur 

eecfraflai 3445 3400 3400 3*00 — — — 

Ir** if M iS Johannesburg 

MSS ^ 1$5 jwj s’" ^ ^ 

Petajfina 14025 13^5 13825 1392S AngoAmGxrt ^ 242 24130 


Petmfina 14025 13^ 1M5 139M M M 24LM 

Pmratx 4925 4885 49M 49M 240-31 243 

BawrteBdge 9580 9690 9560 9*90 AaSaAaGofa w 

i SacQenBw 3340 3225 3250 ^0 ffwtoAm Ind ^ 12 .1115 

S ehoy 7175 71f| 21 *5 2IM £VMJN 5275 5* 52-75 

1 .TrodeM 14825 1472S 16775 14800 Bartow j3JB 2130 

.GCB 123R50 122500 123000 120000 caSwBi 13X50 1» 137^ 

- 3090 3025 3050 31 

— 38 3680 3780 36W 

^ ^ 2 1 ^ 

S^ s » S! g “IS g-SS* ^ ^ ’S? 

iSS^s 909 913 930 ]_« xira a]J5 62 *3 

ES&te B8 M i? S S 29 StdSS 

imniirn 413000 413000 1630 15X0 1630 1610 


nenDenkeBA 681 663 <75 6<8 [533. imP 

| s s S« c 

life’s 1 M I i 8 gglS, 


3 140 143X5 141^ 

1620 1580 1630 1610 
’lOO 9S50 9850 99^ 

18 X 5 1730 18 12-45 

l^f 101M 9625 


frankfurt 


«9 is so s M S3 

mi | ® “Jf % 

^ » 36 382 StaSte 136» 131 Jo 13*S 

SS S 408 « gg-- *2 3610 ^ 3610 

— Soaf •S‘S » * 

DAXs 401088 fS£a& 72 7D 7« 7150 

ProtewtoSmxs . 

J Kuala Lumpur 

140 K) 13850 13950 13a.« u « 9X5 


ACESA 

Aguas Bacelon 
ArinJarla 
BSV 
Banesto 
BmWnler 
Baj Cerdro Hlsp 
Beo Popular 
Bco Santander 
CEPSA 
Codtaente 
** 

FKSA 
Gas Ncrtunrt 
Ibertrofa 
Pryai 
RepsM 

SnAaoaElBC 
Toboariero 
Teteterica 
Unton Fenota 
VOlencCwnenl 


Manila 


Aroia Land 
BkPhaplsl 
CAP Homes 
Monte BecA 
Metro Bank 
Pehon 
POBort 
PM Lang DW 
SanMigudB 
SM Prime Hdg 


Mexico 

AffaA 6570 

Barocd B 22X5 

CeroexCPO 3940 

OhrC MM 

EropModwna 39.80 

GpaCanoAl 63X0 

GpoFBcwner 380 

GpoRnWxwa 363 
finb dork Met 37X0 
TefavteaCPO 147X0 

TeiMexL 1882 


High Lam aece 

1990 1970 1970 
I 5960 5770 5680 

8700 8110 nto 

4300 4235 4260 
1485 1465 1470 

8320 B15D 8300 
} 6070 380 6020 

9240 8950 8900 

4633 4560 4570 

4600 4525 4540 

1990 2910 2920 
8650 8510 8510 

3145 3085 3085 

12S0 1230 1235 

7530 7230 7350 

1800 1770 1775 

2785 2715 Z745 
6320 6240 6270 

1395 1375 1380 

9640 9400 9570 

441D 4340 4345 

1275 1255 1265 

2820 2785 2820 


High Law CJos» 


PS£ Index: 2*73X4 
Preview: 21*955 

1350 1350 14 

15-50 1675 1650 

100 103 100 

3X5 3X5 3X5 

73 73-50 73 

375 375 385 

4.15 4X0 4.15 

IS 155 154 

B9S STS 900 

57X0 57X0 58X0 

6 610 630 


PnvtouK 48JU2 

63X8 6610 62X0 
22-25 2265 21X5 
38X5 38X5 3850 
74X0 15.02 74X0 

39X0 39.00 39.15 
62X0 62-70 61X0 
135 144 134 

33X0 3610 33X0 

3610 3670 3570 
14660 14680 144X0 
18X0 1144 17X4 


AfeaizgAsrtc 
Bee CoramlM 
Bar Ftowrom 
Bco a Reaa 
Benetton 
CfedSa htaSano 
EXsca 
ENI 
Flat 

GenetnS Asst 

uuu 

IMA 


Mortafcon 

OiveM 

ProroaW 

Plrc* 

RAS 

Roto Bancs 
SPOoto Torino 
Tefeanttafla 
TIM 


Montreal 

Bee Med Com 

OteTkeA 

CdnUIBA 

CTRniSvc 

Gaz Metro 

GMVtesfUta 

taasco 

bwestocOp 

LoUmCos 

NaSBkCdMda 

Power Carp 

Power fin 

OuebecarB 

RognCaaanB 

Ran* BkCda 


a&wro 603 691 603 692 

iS fi! IS SS S3 

uSteS IMS 17§ 1M DM 

Iftf AsssR!PC8 5 472 4B 450 

iHT ayi 
S ^ s 

££££:, IS 755 8X2 758 

asr* 

i“ itS iSS iMs 


*£>*»* si ftS-ss as sg&ta. 

94 9680 92X0 .ViM5tar 
d&S STM tbJS 

^^Werf f ?||5 7* 7S40 Proto 


955 9JB 9X5 9X5 

ipj3 iaio iim ^55 

I7JB 17J3 IWg 

£30 5.13 S-.fi 5* 

9 JO 9.W 9J ° 

9X5 8JS 9 9JS 


Aker A _ 

QVWRSW Bk 
OcnnorsteBL 
Efcem 
Hatotund A 
KwertofAso 
Norsk Hydro 
NontoSkogA 
NycomedA 

OrtioAsoA 
PdHGeo5vc 
SogoPeifeaA 
SdSsJed 
TraBoadn Off 
StoBtondA« 


Madrid 


B tottetec g 
nwfc gs mos t 

25790 24970 25628 24750 


CAC-tt 2944X0 

PrwWs:294fcB 

995 964 966 973 


AGF 

AkLtouide 

AJcnta Atetti 

Ahj-UAP 

Banmire 

BIC 

BNP 

Cana! Plw 
Canefour 
Casino 
G ff 

CrtoUrn 

OvtettanDfar 

CLF-Oefaa Fran 

Credo Apricofe 

Danone 

Elf-Amttitae 

EridantoBS 

Eieartwiey 

Eurolunnei 

Gen. Era* 

Hams 

tawhrt 

Latarge 

Letytmd 

Ldrecrt 

LVMH 

MtdxXn B 

ParBxsA 

Pernod Heart 

Peugeot Or 

Pinou#-PiW 

Praroodei 

RenoUl 

Rem* 

Rh-PootencA 

Sanofl 

Scteiekto- 

SEB 

SGS Thomson 
Sto Generate 
Sodexho 
SI GoTxrtn 
Suez Lyon Emu 


242 237X0 
934 933 

821 823 

395X0 392X0 
694 699 

440 420X0 
28890 290X0 
1077 1 059 
3552 3569 

Step. 332.10 
325 32740 
619 621 

848 821 

5*5 551 

1306 1285 

B43 858 

775 786 

805 814 

8.10 8.10 

640 640 

697 725 

39630 39940 
867 867 

445X0 437 

1147 1212 
2263 2247 
1331 1298 

333X0 32690 
418 415 

29940 313.10 
747 776 

2609 2618 

2135 2133 
173X0 175X0 
1620 1443 

240X0 237 

610 595 

3S7 350.90 
841 822 

517 500 

818 831 

26*5 2625 
910 922 

659 652 

7J6 715 

181 17670 
650 6*5 

105 109X0 
373X0 359X0 


Previous: 14874X6 

16245 16000 16000 16050 
4925 4760 4760 4825 

6670 6510 6660 6515 

1650 1588 1590 160T 

28200 27450 27500 27250 
3715 25SD 3700 2590 

0770 8685 8685 8610 

10420 10205 10205 10305 
6025 5820 583S 5905 

SOOC 38450 38750 3B6M 
17780 17300 17500 17570 
2650 2610 26)0 2630 

5870 5740 5790 5780 

8495 8230 8400 8340 

13100 12910 12950 12350 
12*1 1245 12S 1245 

890 870 870 Bol 

Z790 2730 2735 2730 

4855 4730 4730 CM 

15000 14800 14800 147M 
HMD 22700 22700 22500 
12400 11990 12100 12360 
11195 10805 10005 11000 
6655 6505 6505 63B5 


** tote 3668.11 
Praeioes: 3*56X5 

AS 51X5 511* 

90 20X5 27.90 
.15 37.15 37.10 
4* *4 GAS 

M 18.15 18.10 
IH 37» 32X5 
W 40* 40X0 
Sli 37X0 36.10 
M 201* 21 JO 
85 19 19XQ 

Ilk 38X0 3W 
37 37X5 3ftt 
i<* 2614 2640 

95 895 9.15 

60 65X5 65X0 


127 128 

195 198 

26.10 24.10 
2940 2940 
136X0 127 

43X0 44 

410 411 

433 434 

249 250 

160 163 

578 582 

462 462 

142X0 142X0 
122 173 

N.T. N.T. 
51X0 57X0 


BrodesooPfd 

BflrtroaPtd 

Betatron 
BaBtmnaoPM 
CJghf Servhdas 
Itotov 

PouRstnUa 
SUNadonro 
SouroOuz 
TUetmPU 
Teterrtg 

Tetesp Pfd 
UnOxoico 
UsimlnDe PM 
CVRD Pfd 


1040 9X5 

81800 795X5 
57X1 56X0 
8150 B1X0 
1640 15J0 
550X0 533X0 
590X0 555.00 
462.00 46000 
358X0 340X0 
•“«" 7&tnn 
188X1 
39X0 3880 
10X0 1020 
,SU» 736.50 
165X0 163X0 
128X0 124X0 
299X9 294X0 
37X0 35X0 
11X5 11X5 
2680 26.10 


Singapore 


Asia Poe Brew 

CcrebosPac 

CByDevte 

Davy ram re 

iSL 

HK Land* 
AHdMathesB 
JordStatoglc 
KWeiA 

C7S Unton BkF 
PariauoyHdgs 
Seratomrifl 
angAktoer^ 
Sing Lend 
Sing Press F 
Sng Tedi Ind 
5tngTetocmm 
Tat Lee Bank 
Utd Industrial 
UtdOSeaBkF 
WngTolHdgs 

^fal/XLoWtes. 


Pnmtoue: 1928X8 

81 £40 5X0 

20 5X5 5X0 

10 9J5 985 

» 10 10.10 
» 093 a90 

SO 15J0 15X0 
18 380 192 

S 9 9 

20 130 112 

15 8X0 US 

IB 18* 162 

B 595 595 

14 116 118 

16 -LSD 440 

16 386 190 

n mo mo 

B 685 6.95 

10 580 6.10 

15 6X0 640 

0 1260 1250 

0 725 7X0 

X 23 2310 
5 2X0 2X8 

2 125 2X8 

1 281 283 

4 184 183 

0 1130 1180 
8 3.10 128 


Stockholm sxutotegi* 


ACAB 
ABBA 
AasiOaman 
Astra A 
Atlas Copco A 

AiitoHv 

BedrotaB 

ErkssonB 

Hemes B 

tncenttve A 

IneostorB 

MoDoB 

NontwnXen 

PbffiniWoJin 

5ore7dk B 
ScanlaB 
SCAB , 

S*E Banker A 
SkandoFero 
StenstoB 


122X0 119 

110 107X0 
247 237 

137 133 

252 249 

329X0 324 

592 585 

3*5 337X0 
336 310 

710 696 

m to 

260 252X0 

261 2S3 
286 281X0 

253 2*9 
236X0 230X0 

191 189 

91X0 90 

336 331X0 
317 313 


tinsn 319X0 MltwfcsN Hvy 
69g 699 Mitsubishi Mot 


122 119 

107X0 108X0 
20 244 

133 13S 

2*9X0 249X0 
327 322 

W 586 
339X0 336X0 
323X0 329X0 
696 699 

42 399 

260 251 

253 256X0 
282X0 275X0 
249 247 

231X0 231X0 
190X0 190 

91 90X0 
33S 330 

316 312X0 


High Low aoso Prev. 

SKFB 217X0 215X0 21550 214X0 

Sparta liken A 1B3 180X0 182 100X0 

Sara A 732 723X0 131 IB 

Sv Handels A 249 246X0 248 244 

VMM B 307X0 204X0 20650 304X0 


Sao Paulo 


1040 1080 
812X0 79585 
5780 5681 
5140 8180 
1640 1640 
54780 53599 
58*80 55183 
45280 44780 
•Knijn 344X4 
29280 287 59 
19280 1BSX0 
3980 39X0 
10X5 10.150 
J3880 138.10 
16380 16480 
12580 125X0 
29680 29380 
37.20 3680 
1185 11X0 
3680 26X0 


Sydney 

Amrar 

ANZBidng 

BHP 

8® 

10X0 

16X1 

4X9 

A1 Qrdnaries: 2&79X0 
Prevtoos: 2651® 

8X2 8X4 8X5 

10® 10X5 10X1 
16.11 1619 1610 
4 4 4 


30 

29 

29X5 

29X6 

CBA 

16X5 

1609 

1621 

16X2 

cc Areata 

15X5 

14X5 

1694 

14® 

Coles Myer 

6® 

6® 

657 

664 


6® 

67B 

6X8 

6® 

CSR 

5® 

516 

5X9 

5.16 

Fosters Brew 

2X4 

2X8 

2X9 

27/ 


2X6 

2® 

2X4 

2.18 

(OAretrafa 

12X5 

12X8 

12X5 

11.9/ 


31X0 

J0JV 

31® 

30® 

MIM Hdgs 

Nat Aud Bank 
NaiMutodHdg 

1® 

20® 

1® 

20X3 

1® 

yniK 

1® 

20® 

2® 

X20 

2X8 

118 


6X3 

641 

651 

63b 


3X2 

3X5 

3X0 

3X9 


479 

4X9 

470 

669 


8X0 

843 

S® 

862 

Wo TWo 

20X0 

2005 

20.13 

MW 

SI George Bata 

8X5 

825 

8X2 

619 

WMC 

6X1 

6® 

6X5 

<US 

WestpacBidng 

WooteePai 

045 

12X0 

829 

12.01 

8J1 

12X5 

8X9 

12 

Wbofnorths 

4X2 

617 

618 

614 

Taipei 

Stock Maria* tote 9817X5 
Pievtoas: 8932X2 

CotoayUtolns 

135® 

133 

133® 

133® 

QxragHwa 0* 

IQS 

101 

103 

103 

81® 

w 

80® 

/V® 


122 

119® 

120® 

118 

China Steel 

Ftral Bank 

2BX0 

28® 

28® 

28® 

106 

102 

103® 

1U5 


61 

99 

60® 

59 

Hud Naa Bk 

Inti Conan BK 

112® 

107® 

110 

110 

57 

55 

56 on 

55 

Hon Yd PlosScs 

71 

70 

71 

69 

Shin Kong Uto 

88® 

86® 

87 

87 

Taiwan Serai 
Taturw 

Utd Micro Bee 

141® 

13* 

140 

33® 

45® 

46® 

44® 

44JO 

95® 

92 

95® 

09® 

Dtd WortdCMn 

a 

62 

62® 

62® 


Tokyo 

AEnoB* 0 
Aft M|p POO A* 
Amerny 
AsTOil Bonk 
AsahlOiera 
Asohi Glass 
Bk Tokyo MHsu 

8k Yokohama 


Clnibu Bk 

ffl 6 * 

DaLkM Kang 
Dawa Bank 
Da tea House 
DateaSec 


Honda Motor 

IBJ 

Ml 

Itochu 

tfo-Yctocto 

JAL 

Japan Tobacco 
Jusco 
Kaftan 
tosal Elec 
Kao 

KawasatoHvy 

Kawn Steel 

KHOMppRy 

Kirin Brewery 

Kobe Steel 

Koraabu 

Kubota 

K^ncero 

Kyushu Elec 

LTCB 

Marubeni 

Mane 

Matsu Carom 
Matsu Sec ted 
Matsu Elec Wk 
MteuMsirt 
MftsoirfshiCh 
MltsubtotrtEI 
Mitsubishi Esf 


Mitsubishi Tr 
Mitsui 

Mitsui Fudron 
MifWl Tro*f 
MurataMig 
NEC 
N&an 
UttuSec 
Nintendo 
Mpp Express 


Nkfcta 225:1768387 
Pnvtoes: 17974X0 

1070 990 1000 10*0 

JW 690 699 69 8 

3430 3390 3400 3390 

800 755 760 8(0 

573 524 S38 569 

915 890 390 71* 

2230 7170 2170 2190 

491 467 470 4*0 

2840 2750 2800 2810 

3500 3390 3*40 3440 

2070 2050 2050 2070 

1970 1960 I960 1970 

2460 2350 2400 2450 

722 700 700 720 

1350 1290 1310 13® 

545 490 510 544 

1400 1350 1350 1390 

713 675 687 . 680 

63100 6100a 6100a 6260a 
2950 2850 2800 2900 

5750a 5600a 560te 5750a 
2330 2260 2270 2300 

4800 4690 4700 4770 

1390 13® 1250 1370 

4800 4610 4690 4750 

1470 1430 1440 14® 

II 50 WO W0 1150 
1030 1010 1020 1010 

3900 3810 3830 3820 

1500 1450 1460 1*00 

331 331 327 

466 451 *51 459 

6210 5850 5890 6120 

494 489 490 490 

9500a 9400a 9430a 9480a 
3030 2940 3000 3030 
583 570 573 574 

2200 7180 7190 2190 
1660 1630 1650 1 660 

451 444 445 451 

252 228 243 Z51 

690 602 683 6S3 

1040 981 907 1030 

158 151 151 155 

699 692 695 692 

455 433 442 465 

7850 7600 7600 7000 

2000 1990 2000 2000 

539 516 S18 535 

404 390 400 403 

2050 1930 1940 2010 
3520 3*53 3510 3470 

2130 »90 7100 7110 

1200 1260 1270 1260 

1070 1020 1040 1040 

299 295 297 29* 

509 500 503 500 

1650 1500 1610 1630 

734 720 726 725 

674 6*8 650 669 

17® 1700 1710 1720 

994 8K 904 929 

1410 1360 1380 1390 

610 587 590 406 

5300 4950 4950 5150 

1380 1350 1360 1360 
1900 1820 1830 184 
490 482 *86 481 

10900 10600 10700 10*00 
787 769 769 779 


Tli e jrib Index Pr ' C8S ®* 01 3 00 p M Nvv> yc "* ,CTie 

Jan. 1, 1992 = tOO. Lnvel Change % change year to data 

% Change 

World Index 173.49 +0 97 +0.56 +16 33 

Regional Indexu 

AsiaTPadfic 116.51 -0.50 -0.43 -5.61 

Europe 180.23 +2.03 +1.09 +1&77 

N. America 207.64 +0.16 +0.08 +2824 

S. America 164.80 +3.75 +2.33 +44.02 

Industrial Indexes 

Capital goods 222.14 +155 +0.70 +29.97 

Consumer goods 19052 +1.19 +0.63 +17.90 

Energy 204.55 +0.68 +0.33 +19.S2 

Finance 128.31 +0.40 +051 +10.18 

Miscellaneous 18455 +1.69 +0.93 +13.89 

flaw Materials 184.10 +252 +152 +4.97 

Service 162.79 +0.62 +0.38 +18 55 

UtmtiBS 167.94 +1.65 +0.99 *17.06 

Tho international Herald Tribune Work! Stack Index (O tracks the U.S. dollar values of 
2B0 mtemaOonaSy mestable stocks Irom 25 ccuntnes For mere tniormurion. a tree 
booklet is available by writing to The Trib Index. 1B1 Avenue Charles de GoUBe, 

92521 NeuttyCedex. Franco. Compiled by Bkxmbe tg Nows. 

High Low dose Piw. High Low One Prev. 


Nippon 08 
Nippon Staff 
Nason Motor 
NICK 

Nomura Sec 
NTT 1030b 

NTT Data 6340b 

0(1 Paper 
Osaka Gas 
Ricoh 

Raton 13000 

SakuraBk 

Stmkyo 
Straw Bank 
SanyroElec 
Seoom 
SefcuRwy 
SektautChero 
SeUstrt House 11® 

Seven-Eleven 87® 

Sharp 1170 

SNkakuEIPwr 1980 

Shimizu ™ 

SMo-eteuCh 
Shfcado 
Shizuoka Bk 
Softbank 

Sony 11000 

Sura homo 
Sumitomo Bk 
Strain Chem 
Sumitomo Etec 7700 

SuroK Metal 
SuroB Trust — 

Totsto Ptarm 3020 

Toteda Chera 3460 

TDK 9920 

TohotaJ E1PWT 1980 

Taka) Bank 007 

Tokfc Marine 
Tokyo El Pwr 2330 

Tokyo Electron 7070 

Tokyo Gas “ 

Tokyo Carp. 

Tonen 

Toppon Ptto) 

Toroy Ind 
Toshiba 
ToGftwi 21® 

ToyoTrust 
Toyota Motor 3®0 

Yomanoudii 2990 

or Jr IQCttxx 1J300 


High 

Law 

Close 

PfW. 


High 

512 

sn 

491 

®7 


36 

771 

263 

266 

271 

Nthem Telecom 

145X5 

722 

m 

691 

721 

Nova 

11® 

107 

1(0 

184 

188 


331* 

1500 

1430 

1440 

1490 

Pnncdn Petta 

26 

1030b 

9990b 

1000b 

1000b 

Petra Cte 

26 


5340b 5230b S260b 5300b 
590 5*6 567 584 

290 301 300 

1710 1660 16® 16® 

130® 12400 12*00 125® 
657 632 6® 637 

3920 3800 3850 3790 

1560 14® 1490 15® 

*19 405 405 *13 

8070 79X 8010 7960 

5000 4900 69® SO® 

907 936 938 98S 

11® 11® U« 1190 

87® 8570 8700 87® 

1170 1120 TWO 1150 

1980 1970 1970 1970 

578 560 563 568 

3120 3060 3070 3" 

19® 1930 19® l.« 

1270 1260 1260 1270 

5+m 5200 5700 *nflQ 

non 106 ® toa® 10 *® 

854 858 866 

1750 17® 1710 17® 

*30 442 

17® 16® 16® 1690 

252 258 

11® 1090 I1W 11® 

3020 2930 29® 

3460 33® 33*0 

9920 97® 98® 9050 

19® 19® 1970 1970 

997 952 965 993 

1400 7340 7350 7380 

2330 2280 2290 W» 

7070 60*0 6890 .... 

282 287 

578 570 571 578 

1070 10® 1050 1050 

7630 1590 76® 1580 
729 751 

633 638 

21® 1930 1950 20® 

946 9*7 9*6 

34® 3320 3350 33® 

2990 2910 2920 2960 


Toronto TSE tetestrints: 6895-19 
Profanes: 6165X5 


AbHUCons. 
Alberta Eneigy 
AksnAhan 
AmfenonEipi 
Bk Montreal 
Bk Nwa Scoria 
Bart* Gold 
BCE 

BC Telecomm 
Biochem Phorm 
BombanterB 
Camera 
□BC 

Cta Natl ted 

CdnJtotRM 

CdflOeddPei 

CdnPoefflc 

Comtora 

Dcftara 

Dorrter 

Donohue A 

Du PontCte A 

EdperBroscan 

EixDNflvMng 

FairfaxRnl 

r n ||-6 gteJni 

rOKonsnoge 
FtekherCtoA 
Franca Nevada 
Gulf Unites 
Imperial 0B 
toco 

IPL Energy 
LaWtowB 
Laewen Group 
MucmS Btdl 
Magna Inti A 
Msmanex 
Moore 


24.10 23X5 
3240 31X0 

®fa 47® 

18.10 17.® 
57X5 56.90 
6465 6420 

29.95 29X0 

42X0 41X5 
34X8 3475 
64X0 42.95 
29V5 29U 

49 ®* 

4Mk 39X5 
71X5 71X0 
429* 42M 

37® 37® 

41.95 41® 

33X0 32* 

28X5 28.10 

12 H in* 
32X5 31® 
33b 23b 

2305 22.90 

22 2TVi 

390 388 

2465 24X0 

23 22V 

29X0 29 

11X0 10.90 

78 771 4 
k« 34X5 
53X0 53® 
22X0 22X5 
37.10 34'4 

19XS 18.90 

97X5 96’A 

m nxo 

39® 29V, 

77® 75X0 
26X5 26X0 


24.10 24 

32X5 31M 

47X5 XBte 
18 1X15 
57X0 56® 
64X5 6170 
29X5 29X5 

41.90 41-55 
3180 34X5 

44® 42® 
29® 29.10 
48® 48X0 
39® 39® 
71® 71® 
42® 49-3S 
37® 37® 
41X5 41® 
32X5 33® 
28ta 28X5 

12 in* 

32 31® 
33M 33 

23 22.90 

21.90 2n* 

390 380 

24b 2470 

23 22M 

29® 29.15 
11 11 ® 
77X5 77X5 
34X5 35® 
5316 53V, 

22.15 n*> 
36N 3545 
19 19^ 
96® 96.90 
11® 11® 
29® 29® 
77.10 76XS 
W6 26® 


Placer Dame 

PoraPettm 

Potash Sask 

Renaissance 

RtoAlBom 

Rogers Cantei B 

Seagram Co 

ShdCteA 

5 uncar 

TaltsmanEjiy 

TedtB 

Teteofata 

Tetus 

Thomson 

TorOomBank 

Tnrasalta 

TransCdo Pipe 

Trimart Flnl 

Titec Hahn 

TVXGokJ 

Westcaast Eny 

Weston 


13XS 1370 
106M 10470 
37 36't 

30’* 30 

36 26 

50H «.10 
23X0 23® 
46X6 46 

48.90 48X5 
24% 23.90 
®<4 48 

30X5 2V.TO 
3T, 32X0 
47 4445 
17® 17® 
27.15 27 

77V> 75X0 

37X5 r> in 

6A5 6® 

2190 28.70 
107 103 


36 36 
)43ls 143 

11® 11® 
33V. 32.90 
2SV 25X5 
2SV, 25.95 
21® 21X0 

is® m 

106 105V> 
36 tt 36® 

30.10 30 

26 2415 

•m. 50.40 

23*4 23V, 

*6+ 4445 

48.10 ®ll 
U 24W 

4&15 47.95 
30 30.10 

33® 32.95 
46« 4445 
17® 17® 

27 27.05 
77Wi 75 

32X5 32.10 
6® 6'4 

20*t 28M 

107 1061b 


Vienna 

BoeNer-Uddeh 971® 
CrwBkmsIPtd « 
EA-Generatl 3W0 
EVN 1496 

Ruteofen Wien 49415 
OMV 1757.90 

Oesi Etekhtz B7*® 
VA Stahl 5*5 

VATedi 2578 

Wfanerberg Bou 2539 


ATX tote 1368X2 
Previous: 1349® 

961® 971® 958® 
621® 630 63a 90 

2964 29® 2964 
1458 1469.90 1472 

486 489 4® 

1720 1751 1700 

871.10 874® 871® 
532 539® 535 

2535 2577 2515 

2501 2539 2502 


Wellington «s*®tote»M. 


AJrNZeddB 
Briefly Imrt 


4X7 

4X3 

4X3 

603 

1® 

1X1 

1X1 

1® 

3® 

340 

3® 

141 

68S 

4X0 

4.77 

4® 

6® 

6® 

6® 

641 

1.98 

1® 

1® 

1.94 

117 

3X5 

109 

105 

3XS 

3X3 

173 

10T 

6*5 

823 

823 

816 


Lion Natfuai 3XS 173 X73 381 

Telecom WZ 8X5 823 823 8.16 

Wilson Horton 11® 11® 11® 11® 


Zurich 


ABBB 
Adecco B 
AtosutassR 
Aros-SefanoB 
AMR 
Baer HdgB 
BaMse hfldgN 
BKVtara 
□bo Spec Chem 
Oariarrt R 
Crd Suisse GpR 
EtaMrowaiiB 
Ems-Chemle 
ESECHte 
Hoidettank B 
Lfecfttensl LB fl 
HesttoR 
NovarSsR 
Oerilkn Bueti R 
PnigesaWdB 
PtannVdnB 
RkSietnontA 
PtrefflPC 
Roche Hdg PC 
SBC R 

Sdiiiidler PC 
SGSB 

SMHB 
SulzerR 
Swiss Reins R 
SAir Group R 
UBSB 
Winterthur R 
ZuncfiAssurR 


SPI tote 3555® 
Prevtoos: 3481.1* 


2135 2093 2130 
564 535 561 

1340 1302 >335 
2400 2350 2400 

850 840 840 

21® 2075 21® 
2054 2025 2035 

1128 1105 1128 

1® 14a 75 141 

11® 11® 1129 

197 191® I9S 
536 535 536 

6870 6800 6870 

4270 41® 41® 

1355 1314 13® 

578 575 5J8 

1870 1845 18*0 

2255 21® 2246 

18375 179® 183X5 ’ 
1830 1825 1829 
878 8*6 878 

19® 1805 1920 

330 322® 322® 
132® 129® 13120 
388 382 385X0 

1875 1840 18® 

26® 2610 2620 
904 890 904 

1046 1008 1008 
2103 2032 2095 
1905 1864 1900 
1580 1552 IKS 
1425 1386 1414 
6C5 591 599 










Sports 


PAGE 18 


if. 

X 


THURSDAY, SEPTEMBER 18, 1997 


World Roundup 


Borussia Picks Up 
Where It Left Off 


soccer The defending Euro- 
pean Cup champion, Borussia 
Dortmund, got off on the right foot 
by beating Galatasaray of Turkey, 
i-0, on Wednesday in the first ro- 
tation of the new Champion s 
Leag ue season in Istanbul- 
A bad pass by Galatasaray’s de- 
fease in the 74th minute gave the 
ball to Borussia Dortmund’s 
Stephane ChapuisaL The Swiss 
striker had no trouble getting by the 
lone Galatasaray defender in die 
penalty area before scoring the win- 
ning goal. After a slow first half 
with no goals, Galatasaray pressed 
hard in the second half, getting sev- 
eral chances at Borussia 
Dortmund's goal without scoring. 

Galatasaray ’s star striker, Hakan 
Sukur. had a one-on-one with 
Dortmund's goalie Stefan Kios but 
his shot bounced off the post (AP) 


Rodman Still in Umbo 


basketball Dennis Rodman's 
idea of being paid according to how 
he behaves has been shot down by 
die NBA as the wrangling con- 
tinues over the starforward’s future 
with the Chicago Boils. 

The NBA on Tuesday overruled 
Rodman 's offer to play for a salary 
based on his performance, his agent 
said, and debate again centered on 
how much of his contract should be 
guaranteed. 

Rodman signed a guaranteed 
one-year S9 million contract last 
season and wants to be paid about 
$10 million for the upcoming sea- 
son. He originally proposed that die 
dub pay him nothing in advance, 
instead putting the $1 0 million in an 
escrow account until after the sea- 
son. If he was suspended, he 
wouldn't be paid. 

Last season, the Bulls reportedly 
paid about $2 million of Rodman's 
salary to the league to pay for fines 
and for the 14 games he was sus- 
pended. The Bulls ended up footing 
the bill for 27 games Rodman 
didn't play, including 13 games he 
missed because of injuries. * 'We’re 
working on it," said the Bulls' op- 
erations chief, Jeny Krause, about 
the negotiations. "Something like 
this takes time." (AP) 


Hill Dropped 
From Arrows 
Driving Team 


CorfSedb? OvrSuffFtm Dispades 

WITNEY, England — Damon Hill’s 
departure from the Arrows team was 
confirmed Wednesday when the For- 
mula One outfit announced ithad signed 
Mika Salo of Finland for next season. 

The Arrows director, Tom Waildn- 
shaw, said Salo would replace Hill and 
join the team’s other current dnver. 
Pedro Diniz of Brazil, for the 1998 


Els Has New Competition 


GOLF Four European and two 
American Ryder Cup players were 
named Wednesday in a 12-man field 
that will try to stop Ernie Els from 
winning his fourth World Match 
Play title. In addition to the South 
African, the 12-man field for the 
Oct. 9-12 event includes Colin 
Montgomerie, Ian Woosnam, Dar- 
ren Clarke and Jesper Pamevik from 
Europe's Ryder Cup team, and Phil 
Mickelson and Brad Faxon from the 
U.S. team. (AP) 


season. 

Hit! who turned 37 on Wednesday, 
joined the little-known Arrows team 
this year after winning the drivers 
championship last season with Willi- 
ams. He has struggled to make an im- 
pact this season and lies 13th in the 
standings with seven points. 

Arrows said money was the mam 
factor in letting Hill go. "Damon is 
world champion, and, being realistic, 
we would not pay Damon and M flea t be 
same wage," said a team spokeswom- 
an, Ann Bradshaw. "That’s a fact of 
life. We had to be realistic about the 
future and have decided to spend a bit 
more money on the technical side." 

Hill was paid a reported £4.5 million 
($7.2 million) to drive for Arrows this 
season, but has reportedly been seeking 
an increase for next year. 

Salo, driving for Tyrrell-Ford this 
season, is 1 7th in the standings with two 
points. 

“I want to thank Damon Hill for all 
his contributions to the team this year," 
Walkinshaw said, "it has been invalu- 
able to have the world champion driving 
for us, and I want to wish him the best of 
luck for the future.” 

Hill, looking for a more competitive 
drive for next season, has been linked 
with a move to the Frost and Jordan 
teams. But Prost issued a statement 
Wednesday saying it had broken off 
talks with HilL 

“Following talks with Damon Hill 
about a possible drive for 1998, no 
satisfactory agreement could be reached 
between the two parties and the ne- 
gotiations have now come to a close.' * a 
statement said. 

Prost, which also announced that 
Olivier Panis of France would return to 
its Formula One team in the Luxem- 
bourg Grand Prix on Sept 28 after his 
recovery from two broken legs suffered 
in the Canadian Grand Prix last June, 
may look to Jaino Tnilli of Italy, who 
has replaced Panis in his absence, to 
take the second seat for next season. 

Hill now seems most likely to move 
to Jordan. That team’s leading driver, 
Giancarlo Fisichella of Italy, is heading 
to Benetton. 

Walkinshaw added: "We looked 
very carefully at tile options for the 
team, and after discussing the matter 
with our technical partners and spon- 
sors, realized that Mika would be the 
most appropriate driver for us. 

"We have a learning year in many 
ways, and I am sure the undoubted 
talents of both Mika and Pedro will 
provide the perfect partnership to take 
us forward. ” (AP. AFP) 



US- Panel 


t 

i 


■v 



On Doping 
Test in ’96 


-•■to. 

-if 

.to 



The Red Sox centerfielder, Darren Bragg, left, watching his teammate, Jeff Frye, Boston’s second baseman, 
sail over him after Frye caught a fly bad off the bat of New York’s Derek Jeter at Yankee Stadium. 


McGwire Cleans Up, but Dodgers Win 


Los Angeles Tunes 

ST. LOUIS — It was an electrifying 
moment at Busch Stadium. 

Mark McGwire had signed a contract 
with (he SL Louis Cardinals early in die 
day that could pay him $39.5 milli on 
over four years, men came up in the first 
inning against the Los Angeles Dodgers 
to a standing ovation and promptly 
smacked a towering home run off the 
left-field scoreboard. 

Dodger first baseman Eric Karros, 
caught up in the moment, said he felt 
like high-fiving McGwire as the Car- 
dinal first baseman came by with the 
crowd cheering and fireworks explod- 
ing. 

Three hours later on Tuesday night, it 
was Kanos rounding first on a double, a 
key figure in a four-run, ninth-inning 
rally that enabled tile Dodgers to beat Sl 
L ouis, 7-6. 


The Dodgers had the early lead on 
Mike Piazza’s two-run shot to left-cen- 
ter in the first inning. The home run was 
Piazza's 36th, tying his Dodger record 
of last season.’ The two RBIs give 


NL Roundup 


him 111, one short of his career high, set 
in his rookie year of 1993. 

Then came McGwire’s homer off 
Dodger starter Ramon Martinez, his 
18th home run as a Cardinal and his 52d 
of the season, including 34 he hit for the 
Oakland Athletics. 

In other games, The Associated Press 
reported: 

Phillies a. Mats 2 Con Schilling 
passed the 300-strikeout mark and had a 
perfect game into the eighth inning be- 
fore settling for a three-hitter as host 
Philadelphia beat New York. 


Cobs 5 , Reds 0 Kevin Tapani pitched 
a one-hitter for his first NL shutout and 
Sammy Sosa snapped a scoreless tie 
with a two-run, sixth-inning homer as 
Chicago beat visiting Cincinnati. 

BravM 6, Giants 4 In Atlanta, Eddie 
Perez’s grand slam in the sixth inning 
broke a tie and Atlanta tied a major- 
league record with 1 1 slams this season. 

Martins 9, Rockies g In Miami, Flor- 
ida’s Bobby Bonilla fouled off six two- 
strike pitches before hitting a bases- 
loaded homer with two outs in the 
ninth. 

Astros 15, Padres 3 In Houston, Sean 
Berry hit a three-run double when the 
Astors blew the game open early. Jeff 
Bagwell hit his 40th homer. 

Piratos 8, Expos 2 In Pittsburgh. A1 
Martin, Kevin Young and Shawon Dun- 
stonhomered in a four-run fourth inning 
to lead the Pirates past Montreal. ' _ 


Pettitte Fans 12 Red Sox as Yankees Take 2 


New York Times Service -.vfi 

After her reputation twisted 
wind for 15 months, Mary Slanejgt 
America’s greatest female distance 
ner. has been cleared of any dc 
violation by the U.S: track and 
federation. .-S- 

A three-member hearing panelissuea* 
a one-sentence statement Tuesday virfa* 
cheating Slaney for a disputed drag tedf? 
at die 1996 Olympic trials, but 'did ik/& 
explain its decision. Ann Breen- Greco?' 
the chairwoman, said that the panel had' 
15 days to issue its findings ana thatshc£> 
would discuss the case Then. 

Slaney 's immediate ruiming future^' 
remains uncertain. Now -that she ha£ : : 
been cleared by the U.S. federation?" 
which suspended her after upceliminaiy'* 
bearing in June, Slaney must also be 
given the green tight to compete by** 
track and field’s world governing body." ! 
The world body suspended her May 337. 
pending the outcome of the care in the*-’ 
United States. 

Slaney, readied at her home in Eu- 
gene, Oregon, declined to comment She?- N 
has vehemently denied taking banned 1- 
substances and has said that she felt 
unfairly treated by the. track federation 
during the protracted hearing process. . 

Her attorney, Doriane Lambelet- 
Coleman, a professor of law at Duktf ■ 
University, said that Slaney felt “very' 
relieved and vindicated.”" 

“Mary jnst wants to run again,” the' 
attorney said. "She just wants her life, 
back.” 

Until the disputed test became public 
last May, Slaney had been making an 
impressive comeback in the mile an<£ 
1,500 meters at age 38 after frustrating 
seasons of injury. 

In winning her case, Mary Slaney 
successfully challenged a 1996 test that 
showed an elevated ratio of testoster- ‘ 
one. the male sex hormone, to 
epitestosterone, a related chemical; - :> ~ 

A ratio above 6-to-l is considered to 
indicate the possible use of testosterone 
as a performance-enhancing anabolic- 
steroid. Slaney said she had never used 
prohibited substances. 

Xstvan Gyulai, general secretary of 1 
the Monaco-based world governing" 


New York Times Serv ice 

NEW YORK — Locked in. That was 
what Andy Pettitte was at Yankee Sta- 
dium. And that is what makes the Yan- 
kee manager, Joe Torre, confident that 
he has at least one starter he can count on 
when the post-season arrives. 

Pettitte (18-7) allowed five hits and 
struck out a career-high 12 batters in 
eight scoreless innings Tuesday night to 
lead the Yankees to a 2-0 victory over 
the Boston Red Sox in the first game of 
a doubleheader. 

The Yankees then swept the Red Sox 
with a 4-3 victory in the second game, 
behind a makeshift lineup and six and 
two-thirds solid innings from Willie 


Banks, who was making his first Yankee 


inghi 

start. With the sweep, the Yankees'won 


for the eighth time in their last 10 games 
and edged closer to a playoff berth. 

Pettitte struck out ar least one batter in 
each of his eight innings, including the 


AL Roundup 


side in the Boston second, before Mari- 
ano Rivera breezed through a perfect 
ninth for his 42d save. 

In other gomes, reported by The As- 
sociated Press : 

Indians 4, Oriolas 2;Orioiws 7, Indians 

2 Jimmy Key finally won another game 
at Camden Yards and Roberto Alomar 


barf three hits a n d - three RBIs -as Bal- 
timore bear Cleveland, 7-2. to 'gain a 
split of a day-night doiibleheader. 

In the opener, Charles Nagy pitched 
five-hit ball into the seventh inning and 
Man Williams drove in two runs to lead 
the Indians to a 4-2 victory. 

Rangers 4, Royals- 2 The Rangers’ 
Rusty Greer homered twice, including a 
tiebreaking two-run shot in the eighth. 

Twins 9, Angels 3 Brad Radke 
scattered six hits in 7% innings to earn 
his 1 9th victory, and Many Cordova hit 
a pair of two-run homers as visiting 
Minnesota beat fading Anaheim. 

White Sox «s. Brewers Postponed by 
rain. 


body for track, said Tbesday rnght thaf 
its doping commission would likely re- 


view fee Slaney case in October. If fefe‘- 


world governing body disagrees witte 
raid seek arbitration/ 


theU.S. ruling, it cot 
If Slaney were banned from further 
competition, it would be for no more ' 
than two years under current rules. 

World track and field's governing.* 
body, meanwhile, said Wednesday that' 
it would study fee U.S. decision to deaf 
Slaney. The Associated Press reported. 

An IAAF spokesman, Giorgio Reineri,-’ 
said it was not immediately clear wbefeef- 
the international body's suspension^ 
would be lifted. "This is the first case of 
its kind, and at this moment we don't have ' 
a right interpretation,” he said. 


Scoreboard 


BASEBALL 


Major League Standi nos 


Boston 

73 78 

^83 

19K 

Anaheim 

78 

73 

Toronto 

7) 79 

473 

21 

Twos 

71 

80 


CENTRAL DtVWOW 



Oakland 

61 

90 


S17 

-470 


Clevekaid 

Mflwaukee 


.541 — 

A93 7 


y-dlnched postseason berth 


76 Ml V> 
72 


V- Baltimore 
Now York 
Detroit 





crecaga 

73 

77 

Ml 

8 


EAST DIVISION 



W 




Kansas Oty 

61 

87 

412 

19 


IN 

L 

Pci 

OS 

92 

58 

jA13 


Minnesota 

61 

88 

.409 


Atlanta 

93 

57 

-620 


87 

63 

.580 

5 

WEST ENVt«ON 



Florida 

87 

62 

-584 

SMi 

74 

74 

.493 

18 

Seattle 

04 

67 

-556 

— 

New York 

82 

69 

-543 

7754 


IV. 

69 81 -460 7 

49 81 .<160 7 

64 B7 ,424 12V, 


LONG RANGE AIR RACE 


September 10th - September 21st 1997 

Reykjavik • Strasbourg • Sevilla • Roma • Tel-Aviv • Amman • Trabzon • Izmir. 

official sponsors 


T 


WORLD 

GAMES 


Tel Aviv, September 16 

in Group One, "Rectimo" won the 
Sevilk-Rome sector, coming in only 2 
minutes ahead of ‘Little Speedy," and 
“Spirit of Freixenet' came in 8 minutes 
behind the latter. 

In Group Two, "Kona Wind" tame in a 
dramatic 32 seconds behind “Rambling 
Wreck," with “Wellesboume House' 
following 2 minutes and 30 seconds 
behind. "Go Johnny Go" arrived 5 
minutes later and is sltil the overall 
leader. 

“Hope of Italy" arrived 5 minutes 
afterward. 

The situation was similar in Group 
Three, where first place went to “Dash 
Ten,” and the last plane, “Maya One," 
came in only 15 minutes later. 

There was' an 11 -minute difference 
between the two Citation Jets 
competing in Group Four, and “Dream 
Machine" is still ahead of the “Young 
Turks." 

Tlie Canadian crew of “Canuk" finally 


gave up and has gone back to Montreal. 
“Carolina Belle" ha 


had yet another 
mechanical problem in Seville. After 
landing in Rome at night, it took off 
with the other competitors, but had to 
make an emergency landing in Corfu 
and eventually decided to quit the race. 
The results are not yet in for the Rome- 
Tel Aviv leg, but the “Young Turks" 
seem to have made a good move by 
choosing to fly low. whereas “Dream 
Machine" was looking for jet streams 
much higher and never found them. 
The French “Manoirs de France." whose 
captain. Gerard Pic. has 33,000 hours of 
flight experience, has its cracked 
exhaust pipe fixed in Rome and will 
arrive in Tel Aviv today. 

The pilots can t wait for tomorrow s Tel 
Aviv-Amman leg, which they see as a 
symbol of peace. The results will not 
count because the aircraft will have tn 
follow a precise route. His majesty King 
Hussein, a pilot hoaself. might even 
welcome the crews at Marks Airport, ij 


Hcralh^^^Eribunc 


55 


A T1HES HHR0H CDWMff 


Visit uur web site at: 

http://o{jn\ or!J coiupux'rvc t 'oni/liofi'K'pniiCs/litintttlt/ 


Montreal 74 

PWtorWpMo 61 09 407 

CENTRAL DIVISION 

Houston 76 74 .507 

PMSburgh 73 Ji 482 

Cincinnati W 81 ,460 

Sf. Louts 
Chicago 

WESTOIVtaoN 

LasAngefes 84 67 _556 

San Frandscn 82 69 .543 

Colorado 78 73 317 

San Diego 71 80 .470 

TUDDAT'I UHDCOUf 
AMERICAN LEAGUE 
Ctawtand 388 000 001—4 

Bottuponi 020 000 000—2 7 0 

Noojv Asseomadter 17). Jachson 18), 
Mesa (9) and Borders,- Rodriguez, Orosco 
(7). MBs (8), Mnthews W, Myere (9) and 


9 0 


Hotes. W-Nagy, 15-10. L-Rodriguez. 0-1. 

sv-aimc ns. 

Second vune 

dsvshsid 000 000 020-2 5 0 

Bonham 210 220 oox — 7 8 1 

Weathers Jacome (5), Juden (6). S truer 
(8) and S. Alomar, Dka (7); Key. A. Benitez 
IB) and Webster. W— Key, 16-9. 
I— Weathers, 1-3. HRs — Bath mare, R. 
Palmeiro {357. By-Anderson (IB). 

Basted 000 00 a 000—0 5 a 

New York 000 000 20s— 2 9 2 

Sete Wasdtn (7) and Haselmorv Pettftte, 
M. Rivera (9) and Posada. W— Pettitte, 18-7. 
L—Wasdln, *-4. Sv— M. Rivera M2). 

Second oorm 

Btstoti 010 100 001—3 7 0 

New rortc fflW 220 00t~4 9 I 

Checo. Hudson (5), Avery (6) and 
Hcrtteben* Banks. Stanton (7), NLRlvero (9) 


and Figga. W— Banks. 2-0. L— CTree* 0-1. 
5*-M- Rivera (43). 

Kansas CITy 000 000 200-2 9 1 

Tens 100 100 02*— 4 8 0 

Appier, otson (81 and Mactartana; Pom. 
Santana (7), Gunderson (7), Whiteside (7% 
Wettetad (9) and E Rodriguez. 
W-WWtaafcte, 41. L-Otsorv 3-1 
Su-Wrttelond (30). HRs— Kansas Oty, 
Painter (22J. Texas, Greer 2 (25). 

Minnesota odd 034 Oil — 9 13 0 

AmsMtt 008 001 002—3 9 1 

Radke, Nautty (8), Trombley (9) and 
S ton bach; Hasegawt* DaJKay (6), Chavez 
W. Delude (8). Bobee (9) and Kreuter, 
Encomodon (8). W-RodMi 19-9. 
L — Hasepawa, 3-7. HRs— Minnesota NL 
Cordova 2 (13). Anaheim, Edmonds (23). 
NATIONAL LEAGUE 

Sai Frandsce ODD 002 DOT—* t ) 


Atlanta 800 204 Ota-6 a 1 

Alvarez. Rodriguez (7), Homy (8) and 
BenytiHfc MiBwood, Embree (7), Cottier (8), 
Wohlers (9) and Perez. W— Millwood. 4-3. 
L— AMarei, 3 . 3 . HR— Atlanta. Perez (6). 

San Diego 001 000 200-3 8 2 

Heostea 340 601 lte-75 16 1 

Hitchcock, Bergman (Z>, H. Murray (4), 
Erdos (6), Kroon (7), Cunnane (B) and 
Roherty, Romero 15); f^Garda, Barrio* (7). 
Henriquez (8), J. Cabrera (9) and Pena, 
Knorr 18). W— R. Garda. 74 E — Bttchcsck, 
10-10- HR— Houston, Bagwell (40). 
NewYoriC OH CM 0)1-2 3 0 

PWtaWpbia 030 DIG Ota-3 S 0 

R-Reed, R. Jordan (6). Kashrwado (8), 
Udle (8) and Hundley. AXostRlo CSX. Protl 
(8); SdRWng and Ueberthal. W— Schilling, 
16-10. L— «. Reed. 12-9. HRs— New York, 
McRae 00). PModelphin, Lieberthal (20). 


) 


Escorts & Guides 


BELGRAVIA 


ORCHIDS 

L0M10N ■ EUROPE 


THE WEST & THE HOST SWCERE 
IS - 38+ INTERNATIONAL 
BEAUTIFUL & ELEGANT STUDENTS 
mom AH HOSTESSES t 
MODELS * 

AVAILABLE AS YOUR COMPANION 


Escw Agency Cred8 Carts WeScane 

TEL LONDON 4+ 44(0) 


0171 589 5237 


INTERNATIONAL ESCORTS 


Watts ftsr & Most E store Savks 
Uriah, Body Queans, Actresses 
E rt w tt taaa. Hostages. S e u at al e a 
MrtSnpal Travel Conpnians 
'Bex in Near Tort' by New 
York Mag Feawert in Henstml News 
Male A TV. MdeoapesSPIwteayae- 
atte lor seteam Cjb* cads arajsai 


SM-escsrt&aifn 
USA ft NDRUTWDE 


HIGH SOCIETY 

ExaooNva Escort Srvics 
wottnfe 

Tet *44 W 171 266 1033 
070)0 4444 78. ehigtvsoday.mfl 


THE ROYAL PLATINUM SERVICE 
EXCLUSIVE TOP FASM0N MODELS 


ATLANTIC 


LONDON PARIS NEW YORK 

ALL MAJOR OWES » EUROPE 


++44^0)7000 77 04 11/22/33 

USA A CANADA212 785 1818 
WTSTNATKWAL ESCORT SERVICE 


SffTTZEUAHWBRJIARY-BELGIUM 


++31-2W27 28 27 

ZurietsCenera-B ud BcrtW - 

BorevOusaetlQrf-llunicthBerfln- 
Bnoaete-AnOrej) * K Vienna 


LONDON: (0)171-978 6606 

COSMOS Escort Agency . Credit Cbnfc 


VENUS IN FURS 

24HH WORLDWIDE ESCORT SERVICE 


LONDON 0171 362 7000 

Al cads. Advance boatags welcome 


PARIS 


APOLLO ESCORTS 


WARSAW MODEL ESCORT 

Afffl TRAVEL 56RY1CE 
Cal +48 22 6710648 or +48 602 224145 


ABSOLUTE EXCLUSIVE FRENCH YIP 
Tel 0171 2356455 credit card 
London Top Escort Service 


HOOTS HIGH S0CETY*VENNA*PA»S 
COTE D 1 A2Ufl*ZHR)CH*GB4F*MUNICH 
Maradona) Escort A Travel 
Varna «*yiA35 ti 04 at crerM c*ds 


EUROCONTACT HTTL 
Top toca! A travel service vroKMde 


■ -I- nnw m 1 IB>UI 3 UIWI TVgnWtf 

BWIERAJRUSSELST0KD0H*VIB«A 
MLwrR0ME*GERUANY & IMPS ELLA 
Esw Service ferns ++43-1 -212 0431 


GLAMOUR INTERNATIONAL 

LONDON ESCORT SERVICE 
0171 724 0771 


P0ULS ESCORT SERVICE* 

i^AWmiETTALn^OONTARB 

B BtEL LIXliXiAMOijERMANY^PAW 

COTE D’AZUR’SCMOWAWTOKYO 

Tet +39 tO) 335 619 0(38 CradH CM 5 


CHaSEA ESCORT SSmCE 
SI O taarf iaBy Place. London SW1 
Tab 0T71-SM 8S13 


GENEVA PRETTY WOMAN 


CM 022 1 346 00 89 


LAUSANNE-MOHraEUX- 
ZURICH ■ CflSXT CATOS 


J»UN*R0«* PARS TOP CUBS 
Jnh amt senic* +39(03368010993 


ANGELJOUE A FRSOS 
Ssbp^r Tire Sssl EsgotI Smkx 
London 24 tvs 0171 586 0059 


BARBARA ESCORT SERVICE High 
Cites. Attractive. Began. Sophefoted 
Wen Seauty. CaBMffi 729 857 


BEAUTIFUL BRUSH BLOND ESCORT 
Sawe Sophisbcated Seteeihe l Cut- 
t«ed Tel 0171 498 6704 


“SEHLBI ■ FRANKHJRr* 
"CAHlSMA ESCORT AGENCr- 
Tet 004T-648 00 70 77 - Cm Cafe 


BLACK SEAUTV ESCORT SERVICE 
Efrtsve Elegam Educated A FrienA 
London & Heaftor 0i8t9D8Z?Bi.Cads 



FRANKFURT-TOP TCN* 

Bogart Escort S Travel Senfce 

Please cal Offl - 597 4338 

■GBEVA * PARE * COTE D'AZUR 

Ghger Escon Sendee 

Tel 022 / 731 SO Bl 

HEATHER BEAUTIFUL BLOND proa* 

n*iTi o4 e ?iL B Kennsiriglon 

Tet 0171 835 1885 or 0171 259 2623 

HIGH LFE * VIENNA * 24 lis. 

EXCLUSIVE ESCORT SERVICE 
VEfllA ++43- 1-3675690 al credB cards 

MUNICH* WELCOME 

ESCORT 8 GUIDE AGENCY 

C* OBMl 23 14 or 0172-9TO 1643 

*** MADRD KAniONY •*• 

KCUSVE Too Escon Service EngWi. 

T«k 34-1.3863588 or 908 81 89*4 

■OtWtSON CLUB - VT9INA ESCORT 
Sente. 5.. Recto MenzeSe 28 
0222S86 8BB4 

“■'NEW YOUNG ESCORTS'- 
London's Nurtwr One Escon Service 

Tat 0171 834 33® ■ Wins 

ROTTBffiAM WWTFS 

Escort Sanies. Westaa® 94 

HoWrtam. Trt +31 (0) B 3?(Bfimn 

SELECT NO 1 ESCORT AGENCY Dfr 

ffeet Heitor Mgn ctes escorts & Qhter 

*le Sente Cal Sophie: 0SS6 616679 

SOPHISTICATED EDUCATED PRETTY 

Black Escort VIP service in I 

UKton. Phone 0^6 273 0601 S 

VttaOWES KTERNATIONAL . £ 

VP Escort Senis photos u vtoffCaitnd B 

' ZUffiCH ‘ CAR0UIE * 

Escort Service ■ 

Tet 01 / 201.49.47 j 

ZURICH 

M0HCA ESCORT SERVICE 

Tet art*. 079 350® ffi Q 

AMSTERDAM" DREAMS ’ ESCORTS fr 

and Dtea Date Sennce tar Mm or Her & 

Tet +31 (C? 20# CB sse / « a? ttl 

hj 


Montreal 000 001 010-2 6 0 

PWMwrgb 100 410 02*— 8 11 1 

Mi Johnson, Ruriogua (4), DeHart (8) rad 
Chavez; Lteber, Christiansen W. Rincon (9) 
and Kendall W— Ueber, 10-1< 
L— MUohnsoa 2-6. HRs— Montreal 
FuUnter CD. Pittsburgh, A. Martin (ll), K. 
Voung (18). Dunston 04), M. Smith (9). 
Cmouafi 000 000 ooa—o 1 

Chicago 000 002 Ox— 5 i 

M*«*» Sullivan (71 Groves 

FeJtodrlguaz (8) and J-ODver; Tapani end 
Senrals. W-Trmanl 7-3. I^-Mercker, 8-llJ 
HR— CWcaga Sosa (34), 

Coloredo 013 020 00ft— 6 8 tf 

Hwlrta 100 Ml 004-9 13 $ 

< n - Dfcfean (8), Dtpata 
(9) and Manwaitng; Ojala. Alfonseca (4), F, 
Heredia 141 Paweft «> and C Johnson.- 
71 L-Uipata, 

L Watke ' (*5), Gatar 
08). CastiTJc UO). Florida, Sheffield 
Banina (17), Canine ns), Alou CO). 
LasAngefos 200 010 004- 

St Lower 100 m 




IT 0 
7. 


RJWortintai Hou (6), Gvttirte U). Gcredd i 
to. tfodJnsky |9) and Piazza; Busby, C King I 


(7), Edtersiey (9), Frasartore (9) and 
Morrero, CWe+ke ( 9 ). W-Goredd, 1 - 0 . 
hT5 c ** ,( «7- l-S- Sv — Rodlnsky (3). 
Hfe— Los Angeles, PJazzn (36). St. Units, 
McGwire (18), Lankford (30). 


Japanese Leagues 


CENTRAL LEAGUE 
Yakult 4, Hrnsiwi 2 
Vorafuri A Yokohama 2 
Hiroshima & ChwtfcN 4 

PACIFIC LEAGUE 


mm 

WWT ROUND. TOST LEO 



ttpw your 


tarowekiioi 

JEXM-R, 









page $ 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


PAGE 19 


s Police 
Seekin 
fluked t 0 
a ’s Crash 


SPORTS 


* Female Kicker Resents the Boot 



^oih-.*r, J , 1 L end ** 
; r,ijr inuj e 

- ••'• .r * anas 

■ . TjgnitfnF ' 


J r I l rnore ifun 


r"'int <j, 


■ n ° m 

- l> noi knoun. 

- //V^Mraeeio,- 

... a f 301 >ec beer 
_ 1‘- art «-lrofiiie 

. • ■•■n inecar. 

- */ ‘ heann 

" - : V‘- : braJc « in'. 

- ’ imrocL 

rf* »«s have 
' ;;.ri«»n Paul, w ai 
aicohol he 
..-r thai a car 

/•• :^j,ed Mr. Paul 

'• ni.<t been ruled 


we lunnei 

; i‘ = vniranct. 
• :r-iie AOuld 
‘ ti: behind 


Nrvr YvrkTimes Sen ice 

I N 1993. Heather Sue Mercer left 
Yorktown Heights, New York, be- 
lieving that her place-kicking skills, 
which had helped her high school win a 
state football championship, were good 
enough to secure a spot on the Duke 
University football team. 

Four fnjstrating years later, after be- 
ing told that she was on the team, and 
then not being given a uniform or being 
allowed to practice with the team or 
stand on the sidelines during games, 
Mercer says that there was never a place 
for her on the Duke team. 

Mercer, now a senior at Duke, has 
filed a lawsuit in federal court in 
Durham, North Carolina, against Duke 
and its football coach, Fred Goldsmith, 
claiming that the coach did not give her 
a fair opportunity to compete for a 
place-kicking job. 

Mercer is alleging that Duke violated 
Title IX of tbe Educational Amend- 
ments of 1972, which prohibit sex dis- 
crimination in college athletic programs 
that receive federal funds. She is also 
suing under North Carolina law for con- 
structive fraud, negligent misrepresent- 
ation and breach of contract. 

Mike Cragg, the Duke University 
sports information director, said Gold- 
smith had not seen the lawsuit and 
neither the coach nor the university 
would comment on it. 

"I think that people should be aware 
of what happened to me, and I hope it 
never happens to anyone else," Mercer 
said. ‘"Hie idea of anyone else going 
through what 1 went through for four 
§ 3 v years is nauseating to me." 
the " Mercer’s lawsuit asks for compens- 
atory and punitive damages for emo- 
tional distress and for the loss of op- 
portunity to play football at another 
college or to participate in future am- 
ateur or professional athletics. She said 
any money she might receive from the 
lawsuit would be used to set up a college 
scholarship fund for female kickers. 

Mercer, an economics major who 
will graduate next May, does not have 


Vantage Poin //Timothy W. Smith 


s ol 


impaa 


any more college athletic eligibility. 
She was on the Duke fencing team while 
pursuing a place-kicking sIol 

In a telephone call from North Car- 
olina, Mercer sounded angry and hurt 
when talking about her four years of 
trying to make the Duke football team. 

“Ijust kepr believing that they would 
see me as a kicker and not someone who 
often wore a skirt to the office,’ ’ Mercer 
said. “Most athletes take it for granted 
that they have someone around them 
that supports them. It’s tough when you 
don’t have that. But it’s worst to be 
made to feel that you don’t even belong. 
It hurts.” 

Mercer, 21, was a walk-on player at 
Duke as a freshman in the fall of 1994 
and was given what she describes as a 
"private tryout” by Goldsmith and 
members of his coaching staff. 

Mercer was allowed to practice only 
with the other walk-on kickers even 
though, she said, other walk-on kickers 
were allowed to practice with the team, 
were issued uniforms and were even 
allowed to dress for games — things, 
she said, that she was denied. At one 
point, Mercer said Goldsmith told her 
she could sit in the stands with her 
boyfriend during home games. 

In April 1995, Mercer was selected to 
the Blue team for the annual Blue- White 
intrasquad game. She kicked a game- 
winning 28-yard field goal in the Blue 
team’s 24-22 victory. Mercer said Fred 
Chatham, Duke's kicking coach at the 
time, told her she had made the 
But she had not. In the fall, she said, the 
same pattern emerged 

Mercer said that Goldsmith told her 
that she would be a distraction to the 
team if she were allowed to be in uni- 
form and stand on the sideline, even 
dough he warned her to conduct news 
media interviews about being the only 
woman kicker on a Division I team. 

During the summer of 1995. Mercer 
said she wrote a letter to Goldsmith 


asking him why he was not going to 
allow her to attend practice that sum- 
mer. She said he telephoned her at home 
and asked her why she was interested in 
football and why she did not want to be 
in beauty pageants instead. 

Finally, this past spring, Mercer said 
Goldsmith told her that she bad no place 
on tbe team. 

Mercer said that during the summers 
she attended kicking camps to help 
sharpen her skills and that no one at any 
of those camps told her that she did nor 
have the ability to compete at the Di- 
vision I leveL 


Ml 


camps i 

Bill Renner, Paul Woodside 
. and Mark Moseley, the former 
kicker for the Washington Redskins. 
"She kicks the ball well enough to be 
competitive with other college kick- 
ers,’ Renner said by telephone. Renner, 
who runs the Fourth Down Sports Kick- 
ing Camp, said he thought enough of 
Mercer’s skills to include her on his 
camp’s staff last summer. 

Mercer said she never considered 
transferring to another college, because 
I felt like transferring would be giving 
up,” and she said she was happy aca- 
demically at Duke. 

Asked what she hoped to accomplish 
with the lawsuit, Mercer said: "At the 
very least people will know what 
happened down here. 

* ‘Everybody always thinks that 
everybody gets a fair shot at making the 
team. Maybe they will understand tetter 
what happens to somebody who is a 
little different when they try to accom- 
plish something. I hope it changes some 
minds. 

“Place-kicking is not about the size 
of your leg or whether you're male or 
female or you weigh 200 pounds. It’s 
whether you can get the ball through the 
uprights with accuracy and consistency. 
Girls can do that." 



Laca BranuTbe Axwciucd pm* 

Ronaldo of Inter Milan unleashing a shot that a leaping Lionel Martin of Switzerland’s Neuchatel Xamax tried 
to block. Inter Milan won its UEFA Cup first-round match, 2-0. Ronaldo scored one of the second-half goals. 

McManaman Flies to the Rescue 


’■ -J -omes into 
ihji had 
-a*.'u!o noi 
• : -reel 
/-• rrrqjcnilt 
K.::. -hr noidicr 
. • --Jr} >roks- 
-si Fj'ed 


EuroLeague Season Ready for Tip-Off 


By Ian Thomsen 

International Herakt Tribune 


The NBA training camps haven't 
one onto ^ opened yet, which means Michael 
■ ' : itef Jordan might still be out on a golf course 

: . inker us- somewhere while the EuroLeague sea- 

- son is launched this week. 

: sc tell * .The EuroLeague is the second-best 

- _r - i, « C; . V basketball league on the planet, and this 

■ F.riV Jor.es -f summer the Italians seemed to win the 

■ Dodi r preseason award for paying the most 
outlandish salaries. 

. If Athens has been the stronghold of 
European basketball in the 1990s, 
largely because the last two European 
champions — Panathinaikos and ■ 
Olyrnpiakos — were willing to spend 
whatever it took for the top non-NBA 
talent, then tbe new power center this 
year might be Bologna. The two teams 
there have been trying to outspend each 
other like rival art barons. 

.Teamsystem Bologna bought up the 
Most Valuable Players from the last two 
European Final Fours — the Americans 
Dominique W ilkins and David Rivers 
-=r to join Carlton Myers, who is the best 
Italian shooter, and Gregor Fucka, tbe 
Italian national team center. 

Its neighbor. Kinder Bologna, lured 
is the great scorers Predrag Danilovic 
(from the NBA) and Antoine Rigaudeau 
(from Pao-Orthez of France) as well as 
Hugo S conoc hini and Dimitris Papan- 


:r mt jc- 
. • icnoe. 


ikolaou, who were starring in Greece 
last season. Each team has made several 
other lavish signings — together the two 
clubs have spent more than $40 milli on 
for this season — but Kinder might have 
had the last laugh when it bought the 
gym that both teams use in Bologna. 
Now Teamsystem must accept the in- 
dignity of paying rent to the club it most 
wants to beat 

No Italian club has won the European 
title since 1 988, when Bob McAdoo was 
playing for Mil an. Xt might turn out that 

Eurofiah Baikitiau 

the best team in Italy is the one with die 
fewest changes. Benetton Treviso, the 
defending Italian champion, has been 
looking exceptionally coherent in pre- 
season under its new coach, Zeljko 
Obradovic, the Serb who has won three 
European championships with three dif- 
ferent clubs since 19921 

The first half of the EuroLeague sea- 
son whl be overwhelmed by the arrival in 
Paris next month of the Chicago Bolls, 
who wQl bring tbetr full team to represent 
die NBA in the McDonald's Champi- 
onship, an exhibition which serves as a 
world championship for chibs. The Bulls 
and Olyrnpiakos will be die two seeded 
teams as champions of their respective 
continents. Benetton Treviso, Barcelona, 
PSG Racing of Paris and Atenas de Cor- 


doba of Argentina will be the other na- 
tional champions represented. 

Olyrnpiakos, which opens defense of 
its European title Thursday at Efes Pilsen 
of Istanbul, might have a hard time this 
season without the quickness and ima- 
gination of Rivers, who reportedly 
turned down an offer of well over SI 
million in order to go to Bologna. 

Arturas Kamisovas and Johnny Ro- 
gers have been brought in from Spain to 
lead the team in a new direction. They 
will have to fit in quickly as Olyrnpiakos 
was drawn to Group A, the toughest 
EuroLeague division, along with former 
European champions Real Madrid, 
Maccabi Tel Aviv, CSKA Moscow and 
Limoges of France — plus Efes Pilsen, a 
contender to win it all this year. 

The EuroLeague draws 24 clubs from 
the top 12 basketball countries in 
Europe. Each team will play 16 round- 
robin games, which amounts to roughly 
one game in mid-week, leaving the 
weekends free for their domestic com- 
petitions. The top 1 6 teams will enter the 
best two-of three playoffs in March. 

Here is one guess for the Final Four 
Benetton Treviso, Teamsystem Bo- 
logna, Barcelona and Efes Pilsen. 
Mainly because the Final Four is to be 
held in Barcelona April 21 and 23, let’s 
say the European champion will be Bar- 
celona, led by Aleksandar Djordjevic 
and Jerrod Mustaf. 


The Associated Press 

The first installment of soccer's 
Battle of Britain ended in a 2-2 draw 
between Scotland’s Celtic and Eng- 
land’s Liverpool in one of 32 games in 
die first round, first leg of the UEFA 
Cup. 

Bragging rights will not be settled until 
tbe second leg on Sept. 30 in LiveipooL 

Steve Mc Manaman saved Liverpool 
with a blistering goal from 20 meters out 
in the 90th minute to equalize on Tues- 
day night, in a game played before a 
sellout crowd of 50,000 at Parkbead 
stadium in Glasgow. 

Celtic, which fell behind 1-0 on a 6th 
minute goal in the first half by 17-year- 
old Michael Owen, came back in the 
second half with a goal in the 52d by 
Jackie McNamara and the go-ahead 
strike in the 73d on a penalty by Simon 
Donnelly that beat the Liverpool goal- 
keeper, David James. 

England's Arsenal, another of the fa- 
vorites along with Liverpool to win the 
Premier League, was upset by PAOK 
Salonica. 1-0, on a goal in the 61st 


minute by Costas Frantzeskos, who 
scored with a left-footed shot 

The goal prompted Greek fans to set 
off fireworks in the stands to celebrate. 
Arsenal played the match without the 
Dutch sinker Dennis Bergkamp, who 
refuses to fly and decided an overland 
trip would take too long. 

In Gelsenkirchen, Germany, defend- 
ing champion Schalke 04 opened with a 

The UEFA Cup 

convincing 2-0 victory over Croatia’s 
Hadjuk Split while running their record 
streak in the competition to seven home 
matches without yielding a goal. 

Michael Goossens, a reserve striker, 
settled the match early by firing goals in 
the 7th and 23d minute as the Gentian 
team dominated despite seven missing 
starters. 

Athletic de Bilbao of Spain upended 
Sampdoria of Italy, 2-1, on a goal in 
19th by Roberto Rios and another in the 
second half by Javi Gonzalez. Samf 
dorm's goal was m the 73d by 


Z 


French midfielder Alain Boghossian. 

Another Spanish team. Atietico Mad- 
rid. defeated England's Leicester, 2-1. 
on a penalty in the 72d minute by Chris- 
tian VeirL Leicester went ahead in the 
lith on a goal by Ian Marshall, but 
Juninho — who played last year in 
England for Middlesbrough — made it 
1-1 with about 20 minutes to go and set 
the stage for Veiri's winner. 

In Milan, the Brazilian teammates 
Ronaldo and Ze Elias scored second- 
half goals to give Inter Milan a 2-0 
victory against Neuchatel Xamax of 
Switzerland. 

Inter's widely expected victory against 
the Swiss underdogs at Milan's San Siro 
stadium came after a lackluster first half 
which ended on a 0-0 tie. 

The Slovenian team Maribor Teatan- 
ic put up a spirited fight against Ajax, 
forcing the Dutch powerhouse to settle 
for a 1-1 draw in Maribor. 

Nastja Ceh shot the Slovenes into a 
stunning lead in the 49th minute, while 
Jari Litmanen drew level for Ajax in the 
67th on a header. 


Martin May Play on U.S. Davis Cup Team 


By Athelia Knight 

Washington Post Service 


WASHINGTON — Tom Gul- 
likson, captain of the U.S. Davis Cup 
team, has said there is a possibility that 
Todd Martin will be added to the team 
that will face Australia in a semifinal 
match here this weekend. 

Martin, whose appearance at tbe 
U.S. Open late last month was his first 
in a tournament since injuring his knee 
and elbow last February, has been prac- 
ticing with tbe U.S. team this week. 


The U.S. team members are Pete 
Sampras and Michael Chang, ranked 
Nos. I and 2 in the world in singles; 
No. 23 Jim Courier, and Alex O’Brien, 
ranked No. 7 in doubles. Martin beat 
Courier in the first round at the Open. 

"All the players are working hard, ’ ' 
Gullikson said after working with 
O’Brien on a side court. "They're 
getting a good feel for the conditions. 
We’U be ready for the weekend." 

The Australian team members are 
Todd Woodbridge and Mark Wood- 
forde, the No. 1 doubles team in the 








world; U.S. Open champion Patrick 
Rafter, ranked third in the world; No. 
21 Mark Philippoussis; and lason 
Stoltenberg, a 1996 Wimbledon semi- 
final isL Sampras and Chang are ex- 
pected to compere against Rafter and 
Philippoussis in singles. The U.S. 
doubles team hasn’t been named. 

Gullikson has until an hour before 
the draw at noon Thursday to name the 
participants. 

Each round of the Davis Cup is a 
best-of-five competition — four 
singles and one doubles. 


RMS. I TBL W 

SUM FW 0 M M* SILLS WTTY. 




T OBfWSHCe T0V 
TO FfVES Of 

CO/MMtUYTC 



DOONESBURY 









Xage-OHSNsnteapBdu^ x 

XFBRBJTPOSmaNSfj. 

- 


1 .0 N DC) N/S TA N S T H F> 
MI LAN/ LI NATE 


BOOKING OFFICE 

06/488800 ■ 1478/48880 





















k Cl 


l 


B 


uy 

1-C 

tati 

Les 


feu 

bal 

Ste 

sen 

Ion 

per 

mn 

wi( 

hai 

era 

Do 

( 

Su! 

Do 

his 


ft 


ide 

he 

the 

tin 

wi 


Rc 

ba 

sai 

ho 

gu 


on 

se; 

$1 

SOI 

ell 

ins 

est 

SOI 

wc 


pa 

sa/ 


an 

pe 

the 

die 

mi 

wc 

en 

tin 

thi 


E 


Ai 

na 

tfc 

wj 

PI 

fin 

O 

M 

re 

Ei 

M 


S 


Ma 


y-Bot 

New' 

Oetro 








~--y 


UVTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 18, 1997 


PAGE 20 


art buchwald 


Just One More Call 


W ASHINGTON - Ev- 
eryone has his or her 
own version about what went 
on during the AJ Gore tele- 
phone calls at the White 
House. 

Here's the one I'd like to 
believe: 

“Mr. Vice President, you 
have a tele- 
phone call." 

“If it’s a 
political donor, 
tell him I'm not 
here." 

“He says 
he's calling 
from a Bud- 
dhist . temple "BuchwaJd 
and is willing 
to discuss Buddha ’s thoughts 
on hard money as opposed to 
soft money.” 

“I can’t accept a call like 
that while I’m in the White 
House. Here's a number of a 
pay phone at Union Station. 
Tell Wi I can talk about it 
from there.” 


would like a guarantee that 
you'll serve soup at all future 

fund-raisers.” 

••Why can’Uhey just give 

us the money and say they’re 
doing jj for their country? 


□ 



□ 


“Mr. Vice President, will 
you accept a $50,000 con- 
tribution from the Sons of 
Tennessean Mountain Fid- 
dlers?” 

“Of course, L won’t. If I 
told you once I told you a 
hundred times, as vice pres- 
ident of the United States, I 
cannot take phone calls about 
money while 1 am conducting 
affairs of state.” 

“I understand, sir. Whai do 
you want me to tell the people 
who call?” 

“Tell them to make a 
pledge in my voice mail, and 
I’ll get back to them.” 


"That would make a lot of 
sense. But what we have to be 
concerned about now, Mr. 
Vice President is that these 
calls are not listed as soli- 
citations by you from the 
White House.” 

“We have nothing to fear 
from that I’m too busy with 
global warming to make 
political calls from here. Any 
word from Johnny Chung 
concerning his interest in our 
programs?” 

“Nothing except he is 
complaining that they cook 
his soft-boiled eggs too hard 
whenever he has breakfast 
with you and the president.” 

“Make sure that the chef 
hears about this.” 

“Mr. Vice President Janet 
Reno is demanding to see all 
our telephone records.” 

“What for?” 

“She wants to ensure that 
the calls are strictly business, 
and you are not making any 
personal ones on the presi- 
dent’s time." 


□ 


□ 


“Got it. Does this also ap- 
ply to the soup-bone in- 
dustry?" 

“Does the soup industry 
want to make a financial 
donation to our party?” 

“It sounds like it. Bur they 


“Go ahead, give her the 
records. If talking to 
Buddhists isn't legitimate 
business, f don’t know what 
is.” 

So, whatever eventually 
transpires, the main question 
is: When did the vice pres- 
ident know that he was mak- 
ing a fund-raising call and 
how did he know it? 

A White House damage- 
control officer said, “As soon 
as we install the pay phones in 
the Oval Office, we won't 
have these problems any 
more." 


Chris Blackwell’s Version of ‘Small Is Beautiful’ 


By Mike Zwerin 

Internarionjl Herald Tribune 


P ARIS — It’s hard to get excited about a 
40th anniversary celebration when noth- 
ing special appears (o have happened 40 
years ago. 

Founder Chris Blackwell claims that his 
Island Record label is 40 years old. Pop 
encyclopedias say that Island was founded 
. in 1962. And the company apparently cel- 
ebrated its 25th anniveisaiy in 1987. Black- 
well turned 60 this year; maybe that’s it 
He shrugs the celebration off as an excuse 
to reissue goodies and release new com- 
pilations and “best of’ collections. There’s 
no shortage of music, that’s for sure; the 
millennium is coming up in a few years and 
anyway be looks like he could use a good 
party. 

Despite cruising around Paris shopping 
and promoting in a limousine, Blackwell 
does not really resemble the multimillion- 
dollar multinational recording executive 
that be is. 

Maybe it’s the shy, vulnerable smile. Or 
the fact that he’s interested in what other 
people say. Or his odd observations, like: 

“Isn’t it a shame that there’s no jazz hall of 
fame?” 

His family is related to the Crosse and 
Blackwell food empire; he comes from Ja- 
maica's wealthy white minority. He also has 
remarkable ears, which led to his discovery 
of the then little-known Jamaican musical 
styles ska and reggae. It goes back before 
Jimmy Cliff (Blackwell produced the film 
* ‘The Harder They Come**) and Bob Mariey 
and the Wailers. It goes back — what? — 40 years. Island 
became a large and successful corporation you might say 
despite Blackwell's good taste. He recorded Marianne Faith- 
ful!, the African musician Salif Keita and the British jazzman 
Courtney Pine because he liked them and the music that they 
made. They were not supposed to be commercial Popularity 
was a kina of bonus. 

What Blackwell likes most in the recording business is 
being in a position to encourage the growth of a career, and 
the creative process in general, from the very beginning. 

Before the beginning. (He worked with Mariey to in- 
tegrate reggae and rock elements.) Only he can’t do that any 
more. 

Success is no longer successful. Selling “only” 30,000 
copies of a first record, once a quite respectable jumping-off 
point, is “just a blip” today. “No serious player in this 
business wants to waste their time with suen a number," 
Blackwell says. “It's even a question if selling 'only’ a 
million is worth the trouble. The music was once the reason 
for it all. But it’s hardly in the equation any more.” 



chargebacks and Soundscan. You read Bill- 
board ma gazin e every week to see what 
other people are selling. The music really 
doesn’t matter, the numbers take over.” 

Still, he had an impressive roster — 
Mariey, Steve Winwood and. Traffic,-' 
Robert Palmer, Jethro Tull, King Crimson, 

. Roxy Music and others. But some of them 
were beginning to leave him in favor of 1 
larger companies. Island’s pockets were not ‘ 
deep enough to promote their global po- 
tential He didn't blame them: “I might 


f 


have done the same thing myself/ 

lyGram for $272 


Hotel mogul” Chris Blackwell: An impressive roster for Island Records. 


So he sold Island to Pol) 
million in 1989. He continued to run the *| 
company under a management contract. He 
was sure that he could maintain his in- 
dependence. “I’ve never regretted.it for a ’ 
minute,” he says. 

You might call him a survivor, but it’s ’ 
less selfish and more complicated than that 
He’s still one of the few people with so •] 
much power trying to protect the music. 
Everything is fine as long as he meets 
quotas and projections. He spends a lot of 
energy keeping the Suits happy. He finds 
this situation “fair enough. Above all, 
he’s a realist. 

Blackwell continues to run the Bob Mar-' 
ley estate along with Mariey’s family. Re- 
cently they differed about how toreaetto an 
offer to open a Bob Mariey novelty sbop ’j 
and cafS in a theme park. The family point-' ' 
edout tirat a lot of people would be exposed 
to the music. Blackwell was “violently 
opposed” because “Bob was a rebel 


Size is not what it used to be. Smart, mid-range record 
companies got in a crunch in the ’80s. Despite ad d i ng the 
successful rappers NWA and the rock band U2 to his roster, 
Blackwell saw that he was too big to be small and the reverse. 
It was a no-man’ s-land. There were only two ways to survive 
— as a large modern high-tech army i like the Sony group) or 
an efficient guerrilla band (like ECM). 

He gave his employees copies of E.F. Schumacher's book 
“Small Is Beautiful.” Schumacher stressed a concept he 
called “appropriate technology ’ ’ — not gening any larger or 
more complex than absolutely necessary: 

“Everybody wanted me to build pressing plants and open 
offices all over the place. It got to the point where dealing 
with any thing smaller than seven figures seemed to be a 
complete waste of time. Why put any energy into developing 
Baaba Maal [a good African group], for example? They're 
not going to sell a million albums. 

“I’m not blaming anybody. I'm just telling it tike it is. 
You have a high overhead, an army of people working for 
you. You spend your time and energy with things tike 


against the system. That’s what be stood^j 
for. So it would have been unbelievably !- 
tacky. And it wasn’t even worth it How much money could 
it make anyway?” .. "V'.f 

He’s tempted to try building a star from the ground up 
again with a teenage Puerto Rican boy singer he likes aloL 
Only he’s concerned about getting past the 30,000-rcopy 
“blip” barrier. And sometimes, to be honest, he can’t quite 
remember the boy's name. In the meantime, he’s an 
innkeeper. 

Or as he puts it, with a great deal of irony: “I'm a hotel 
mogul.” He says he loves that too. He’s building what be 
calls “boutique hotels” in Miami Beach and Jamaica. He 
travels to West Africa to buy materials to cover the floors and 
wails and such. He wants to create a “lifestyle collection of 
tiny hotels” — small properties with appropriate technology 
like central accounting, marketing, reservations and man- 
agement; but “each with its own personality _V - _cs 

His “dream hotel” is the Martin in south Miami Beach 
(he bought die shell of a building). It has a Jamaican4. 
restaurant, a bar, a recording studio and a modeling agency/" j 
“What more do you need?” ■ . 

^ 


ELVIS STUDIES 


PEOPLE 


From Blues to Bureaucracy, a Southerner’s Journey 


By Kevin Sack 

New York Tunes Service 


O XFORD, Mississippi — After Wil- 
liam Ferris left a teaching position at 
Yale University 18 years ago to become 
founding director of the University of Mis- 
sissippi's Center for the Study of Southern 
Culture, he wandered through dormitory 
hallways with his Gibson guitar, playing 
the blues for any student he thought he 
could serenade into joining his uncon- 
ventional program. 

“I’m sure they thought I was a very 
strange and carious figure," said Ferris, a 
Mississippi native who is in line to become 
chairman of the National Endowment for 
the Humanities. 

If students found Ferris a bit odd, they 
were not alone. Regional studies programs 
in that time were on the fringes of aca- 
demic life. That Ferris focused on South- 
ern culture did nor help. It was not unusual 
for scholars to inform him that Southern 
culture was an oxymoron. Nearly two decades 
later, Ferris does not hear much of that anymore, 
and he no longer has to attract students by imitating 
B-B.King. 

The center is widely considered a treasure of Ole 
Miss and a model for regional studies programs. 
Classes on topics from Southern folklore to the 
development of country music are oversubscribed. 
While there have been setbacks, like last year’s 
closing of Reckon magazine, a fledgling quarterly 
about Southern culture, the center's eight-pound 
Encyclopedia of Southern Culture, edited by Ferris 
and Charles Reagan Wilson, has sold more than 
100,000 copies. 

Its bimonthly music journal. Living Blues, is 
also highly regarded, as are its collections of folk- 
lore and blues recordings. 

The center's popularity and new respectability 
helped persuade President Bill Clinton to select 
Ferris for the endowment, which finances schol- 
arship, cultural conservation, exhibitions and 
broadcasts on the humanities. The two Southerners 
do not know each other well. But when he presented 
the endowment's Charles Frankel Prize in the Hu- 
manities to Ferris two years ago, the president 
remarked that Ferris "leads the son of life I'd like 
to lead if I had another one to live. He lives in the 
Deep South, he writes funny, wonderful books and 
he’s still trying to find out if Elvis is alive." 

That remark referred to the center's “Intcr- 



Tt also 


fMUn R^IVlwrTlllInn 

William Ferris helped organize conferences on Presley. 


national Conferences on Elvis" in 1994 and 1995. 


At one of them, the lesbian Elvis Presley im- 
personator Elvis Herselvis mingled with scholars 
presenting papers on topics like Presley’s ‘‘se- 
miotic significance." Events like these have led 
some critics to label as excessive showmanship 
Ferris’s relentless promotion of the center. 

For his part. Ferris, who is 55, said the con- 
ferences were “a great success,” that “the in- 
tellectual and emotional energy that was felt at 
these sessions was really significant.” More tra- 
ditional scholars condemned the topic as insuf- 
ficiently serious for academic discussion. 

Among some intellectuals, the Elvis conferences 
have obscured Ferris’s academic reputation as a 
folklorist, author, filmmaker and administrator. 
While he has written extensively about Ray Lum, a 
Mississippi mule trader whom he once recruited to 
auction a mule at Yale, he has also written about 
Eudora Welty and has helped organize Ole Miss 
Faulkner conferences. 

Still, some skeptics worry that Ferris may over- 
emphasize popular culture at the endowment. 

John Ellis, secretary of the Association of Lit- 
erary Scholars and Critics, for one. said the en- 
dowment needed a leader ' 'who has a strong feeling 
for wbat is central, not what is peripheral, and a 
person who sponsors conferences on Elvis, it would 
seem to me, does not have that sense." 

Ferris said that his vision for the endowment 
encompassed all forms of culture. “That includes 
and embraces the classic canon of literature and 


history,” he said in an interview, 
includes popular and folk culture.” 

That being said, Ferris believes virtually 
anything can be worthy of scholarly ex- 
amination. That includes Goo Goo 
Clusters, the caramel, chocolate, marsh- 
mallow and peanut confection that merits 
ran entry in his Southern culture encyc- 
lopedia. 

‘ ‘It’s not so much the subject as how you 
do it,” he said. “Obviously, you can have 
a cavalier approach to any subject be it 
Twain or Goo Goo Ousters. But through 
food, and in this case a commercially pro- 
duced candy, you can understand a great 
deal about the culture of a region." 

Ferris is the kind of academic whose 
sartorial tastes run from T-shirts to Polo 
shirts. He said he would buy ties for Wash- 
ington, but only reluctantly. He has slightly 
rheumy blue eyes, a whispery drawl and a 
tuft of salt-and-pepper hair that flops over 
his right brow. 

He grew up on a large family farm near 
Vicksburg, Mississippi, the oldest of five children. 
His parents’ racial views, he said, were unusually 
pro gressive for their time and place. “I remember 
my parents washing my sister's mouth out with 
soap when she used the word ‘nigger, ’ " be said. At 
Ole Miss, he has joined other faculty members in 
advocating abandonment of the school’s Confed- 
erate symbols. 

Ferzis dates his interest in Southern folklore to 
childhood visits to Rose Hill Church, a black 
church on his family’s farm. While an under- 
graduate at Davidson College, he began to tape 
services there and later interviewed generations of 
members to construct a church history. 

If nominated and confirmed, Ferris said, he will 
push to increase the endowment’s financing, which 
was cut by the Republican-controlled Congress to 
$110 million from $177 million in 1994. The en- 
dowment has contributed close to 51 million to the 
center, including $300,000 to the encyclopedia. 

A political independent, Ferris said he would try 
to persuade lawmakers to distinguish between the 
humanities endowment and its sister, the National 
Endowment for the Arts, which has been under 
attack by Congress. And he said he hoped to 
convince Republicans that the endowment de- 
serves bipartisan support. 

If that does not work, he said, he may just have to 
sit a spell with fellow Southerners like Senator 
Jesse Helms, Republican of North Carolina, and 
have a long talk about mules. 


O FFICIALS at Stanford 
University in Palo Alto, 

California, are trying to make 
the Friday arrival of Presi- 
dent Bill Clinton’s daughter. 

Chelsea, as normal as pos- 
sible for a student arriving on 
Air Force One. The press 
crush has been relentless, but 
the officials have made sure 
the media is kept under con- 
trol after the scene surround- 
ing Princess Diana’s death. 

"After the Princess Di situ- 
ation, we think the press will 
be less intrusive,” one White 
House official said. For the 
first time. Stanford has 
banned the press from most of 
the activities slated for the 
first five days of orientation. 

The campus has had its share 
of celebrities, but students say 
that the ever-present retinue 
of Secret Service agents could 
make it hard to forget the 
power her family wields, or 
For Chelsea to do the same. “I 
feel a little bad for her," said Toli Kuznet, a 
Stanford sophomore. “I can imagine her at a 
fraternity party with the Secret Service guys 
tasting beer for her." 

□ 

As if he were handling a delicate diplomatic 
initiative, Jamie Rubin, State Department 
spokesman, is doing spin control on his per- 
sonal life, namely his globe-spanning ro- 
mance with CNN’s London-based senior in- 
ternational correspondent. Cb ristiane 
Amanpour, whose TV reports have often 
been critical of the administration. Rubin, 
doesu't want to discuss the liaison publicly. 
But privately, he's saying that: 1 ) in today’s 
world, if men and women have important 
jobs, it is to be expected some of them will end 
up seeing each other, and 2) Amanpour is 
doing her job independently of her relation- 
ship with him. No more questions, please. 

□ 




23-- 


: *#*r 




fcr:r. 






D*-id MtAiriam 

A MATTER OF CUSTOM — Dancers in the tra- 
ditional costume of the Malaysian state of Sabah 
performing at a cultural festival in Kuala Lumpur. 





Theater in St. Petersburg. The government did 
not say whether it would try to block tbe 
contract 



□ 


A guitar once owned by the rock legend 
Jimi Hendrix failed to find a buyer at auction 
at Sotheby’s in London on Wednesday. The 
black Fender Stratocaster given by Hendrix to 
fellow rock musician A I Kooper in 1968 was 
bid up to £100,000 ($160,000) but failed to 
reach its reserve price, which was not dis- 
closed. A guitar used by Hendrix at the Wood- 
stock Festival sold for £198,000 in 1990. 
Hendrix died in 1970. 


i.n 


\ 


T*t*. 


N 


□ 


The Russian government has chastised 
Valeri Gergiev, the artistic director of the 
Kirov Opera and Ballet, for signing a guest- 
conductor contract with New York’s Met- 
ropolitan Opera without official approval. A 
government spokesman noted that it had 
taken a presidential directive to appoint Ger- 
giev to the Kirov, based at the Maryinsky 


Giovanni Alberto Agnelli, 32, and his 
American wife , Avery Frances Howe, have a 
baby girl, Virginia Asia, their first child. Her 
birth was announced by the Istituco Finao- 
ziario Italiano, the holding company of the 
Agnelli family that controls tbe giant Italian up- 

automaker. Agnelli was treated for a rare type • 
of intestinal cancer last spring and underwent 
surgery last month. 


V 




□ 


The actor Christian Slater, arrested last 
month in Los Angeles, pleaded not guilty 10 
battery, resisting arrest and drug charges. 


” t 



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 
calling from and you'll get the clearest connections 
home. And be sure to charge your calls on your AT&T 
Calling Card. It 11 help you avoid outrageous phone 
charges on your hotel bill and saw you beaucoup de francs 
(up to 60%*). Check the list for AT&T Access Numbers. 


AT&T Access Numbers 



Steps to fellow for easy 
railing worldwide: 


I.JibUlial the rtT&T toes Number 
/nr Zhu cumw/ you ire oiling km. 

1. foal the phone number jou're calling. 

3 fowl the calling caid number listed 
your name 


EUROPE 

Austria «o 

.022-983-811 

Belgium* 

. WW-IM-ffl 

Franca 

O-NB-W-ffllft 

Germany . . 

01304*10 

Breen* 

08-888-1311 

Ireland^ 

1-880-55WW 

Italy* 

172-1811 

Netherlands* . . 

8808-022-9111 

Russia **(Mo3cn)i 

. . 75fr5W2 

Spain 

WB-WHJ0-11 

Sweden . 

020-79*611 

Swtowlantf* . 

.H8MHOT1 

United Kingdom* 

0500-89-0011 


8800-89-0011 

MIDDLE FAST 

Egypt*(Caini)T 

• .51B-0200 

Israel . 

177-100-2727 

Saadi Arabia* 

.. .1-880-10 

AFRICA 

Ghana 


South Africa 

.0-800-99-0123 




w 


f 






in the springtime. 


Cant 6nd the Acre* dumber for the couoliy youre calling fora? Jos a* any operator br 
xra Krea'-Savfce. or wfsli ow she it httpfwwwaoxtmbmkr 


l 


— 








.. i