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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, SEPTEMBER 24, 1997 


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INTERNATIONAL 



The World’s Daily Newspaper 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST, 

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White House 
Will Assist 
Inquiry Into 
Phone Calls 

Review Is Expanded 
To Fund-Raising 
By the President 

By Brian Knowlton 

International Herald Tribune 

WASHINGTON — Aides to Fres- 
idcnt Bill Clinton promised Sunday to 
cooperate with a newly announced 
Justice Department review that could 
ultimately lead to the appointment of a 
special prosecutor to investigate whether 
Mr . Clinton illegally placed fund-raising 
telephone calls from the White House. 

Asked about the review, Mr. Clinton 
shrugged off questions. “I don’t know 
anything about it,” he said to reporters 
on a flight back to Washington from San 
Francisco, where he had taken part in 
three fund-raising affairs. “I don’t 
really know anything about it.” 

But the Justice Department an- 
nouncement that it had opened a 30-day 
review of whether the president made 
illegal calls from the White House dur- 
ing the 1996 election year constituted 
the first time the department has said 
that die president’s actions in office 
must be examined for possible criminal 
violations. Federal law bans political 
fund-raising on government property. 

The announcement Saturday came 
after months of intense pressure from 
Republicans for such an investigation, 
and after a similar review was ordered 
of phone calls placed by Vice President 
AJ Gore. 

Even as White House aides promised 
to cooperate with the review, they were 
cautious about what Mr. Clinton might 
or might not have done. 

A senior White House adviser, Rahm 
Emanuel, said on CNN that* ‘we plan on 


Paris, Monday, September 22, 1997 




Kohl’s Rivals Falter 
In Hamburg Election 

Poor Showing in Stronghold Dims 
Social Democrats’ Hopes for 1998 


By William Drozdiak 

Washington Fast Sen tce 


A couple in Warsaw on Sunday studying the list of the Democratic Left Alliance, the former Communists.^ 

Early Exit Polls Put Solidarity Ahead 


cooperating.” As to whether Mr. Clin- 
ton had made fund-raising calls from the 
White House, Mr. Emanuel repeated the 
substance of what the president had said 
before: “He may have, be may not have, 
be doesn’t remember whether he did or 

did hol” 

Mr. Clin ton’s criminal defense law- 
yer, David Kendall, said that no laws 
had been broken and that “any kind of 
enforcement action would be absolutely 
unprecedented.” 

The review, ordered by Attorney 
General Janet Reno, came two weeks 
after she ordered a review of 86 phone 
calls placed from the White House by 
Mr. Gore. 

In each case, if the review toms up 
“specific and credible information 

See DONORS, Page 10 


The Associated Press 
WARSAW — While Polish voters 
were still weighing loyalties between 
Solidarity and the former Communists 
in parliamentary elections Sunday, die 
two major political blocs were already 
bidding for coalition partners. 

Solidarity took an early lead, accord- 
ing to preliminary exit polls that showed 
the former trade union with 36.2 percent 
of the vote, compared with 25.5 percent 
for the governing Democratic Left Al- 
liance, the former Comm unis ts. 

But analysts cautioned against pre- 
dicting a Solidarity victory based on the 
survey of 20,000 voters across Poland 
Solidarity often takes an early lead on 
the strength of voters who go to polling 
stations before or after Sunday Mass, 
only to see it fade by the time polls 
close, as was the case in the 19 95 elec- 


tion when Aleksander Kwasniewski de- 
feated Lecb Walesa to become pres- 
ident 

Turnout lagged throughout Poland, 
with 45 percent to 50 percent of eligible 
voters casting ballots. 

Neither of the two dominant parties 
were expected to win a clear majority in 
the balloting, which would mean that 
the leader would need to form a co- 
alition with any of the half dozen fringe 
parties expected to win seats in Par- 
liament. 

■ Ideology Is Key to Outcome 

Jane Perlez of The Ne m 1 York Times 
reported earlier: 

The new abundance in Poland is ev- 
ident everywhere in the supermarket 
parking Iol 

Smoked salmon and delicate pastries 


were i 

a 50-year-oki dentist, tossed onto 
back seat of her car. 

All around, shopping carts were be- 
ing wheeled out of the Geant super- 
market — part of a French chain — 
stuffed with fresh fish and meat, vege- 
tables and brand-name mineral water. ' 
Poland held parliamentary elections 
Sunday, and as middle-class shoppers in 
the Warsaw suburb of Ursynow loaded 
their trunks at the start of the weekend, 
they found it hard to deny the almost 
giddy rise in their living standards dur- 
ing the last four years under a gov- 
ernment of former Communists. 

Nevertheless, surprisingly few of 
them said they would vote for the Al- 
liance even though the former Com- 

See POLAND, Page 10 


Getting a Piece of the Caspian Oil Prize 


By Stephen Kinzer 

New fork Times Sen-ice 




* 


AGENDA 

Davis Cup Final: 
U.S. vs. Sweden 

The United 'States, behind the 
scorching serves of Pete Sampras, 
eliminated Australia on Sunday to 
gain die Davis Cup finals. Sai 
beat Patrick Rafter, the U.S. 
champion, 6-7 (6-8), 6-1, 6-1, 
to give the United States an in- 
surmountable 3-1 lead in the best- 
of-5 semifinals. 

The United States team will 
travel to Gothenburg, Sweden, for 
die Nov. 28 to 30 final. Sweden 
defeated Italy, 4-1, afro- sweeping 
Sunday's reverse singles. Page 20. 

Protest Over Ramos 

Hundreds of thousands of Filipi- 
nos gathered Sunday in a central 
Manila park for a rally to protest a 
feared bid by President Fidel 
Ramos to remain in office beyond 
his legal term. Mr. Ramos earlier 
sought to defuse tensions by saying 
categorically that he would not run 
. for re-election. Tbe vote is sched- 
uled forMay. Page 4. 

Books _L... . Page 9. 

Crossword.. _ Page 9. 

Page 8. 


Sporty. — - Pages 18-20. 

Tfcetnfannartef Pages 4 and 14. 


Th; IHT cn-linc 


BAKU, Azerbaijan — In donating 
5300,000 to Democratic Party organi- 
zations during the 1996 campaign, an 
ambitions businessman named Roger 
Tamraz sought access to President Bill 
Clinton and other senior officials so he 
could ask them to support his project for a 
new oil pipeline from the Caspian Sea. 

Last week, Mr. Tamraz’s efforts to 
buy access to the White House emerged 
as a key issue in Washington’s cam- 
paign finance investigations. But in 
the drama now unfolding around the 
Caspian, Mr. Tamraz is a bit player 


and $300,000 a laughably small sum. 

The big players are Russia, Iran, the 
United States and other countries; such 
huge companies as Amoco, Pennzoil 
and Exxon, and lobbyists with names 
like Kissinger, Haig, Baker and Brze- 

A ‘perfect leader’ in Baku. Page 2. 

rinski. They and every shark east of 
Suez have recognized that over die next 
decades, foe greatest of games will be 
played around foe Caspian. 

Forget mutual funds, commodity fu- 
tures and corporate mergers. Forget 
South African diamonds, European cur- 


rencies and Thai stocks. The most con- 
centrated mass of untapped wealth 
known to exist anywhere is in foe oil and 
gas fields beneath foe Caspian and foe 
lands around it, regions at best dimly 
familiar to even foe most assiduous 
newspaper readers. 

The stakes are enormous; foe value of 
foe vast reserve, capable of fueling foe 
industrial world for years to come, is 
measured in trillions of dollars, and 
foreign companies are expected to in- 
vest $50 billion or more to extract it 
The implications of this bonanza hyp- 

See OIL, Page 10 


HAMBURG — Germany’s Social 
Democrats suffered their worst electoral 
showing since World War H on Sunday 
in one of their traditional political 
strongholds, dealing a serious blow to 
their hopes of recapturing power in na- 
tional elections next year. 

Tbe mayor of Hamburg, Henning 
Voscherau, a popular Social Democrat 
tipped to become finance minister if foe 
party succeeds in defeating Chancellor 
Helmut Kohl’s government, took per- 
sonal responsibility for the setback. He 
announced his resignation Sunday night 
after nearly 10 years in office, acknowl- 
edging “sadness and very bitter dis- 
appointment” with foe results. 

Early returns in the country’s only 
regional election this year showed tbe 
Social Democrats would lose at least 
seven seats in this city-state's assembly 
but remain the largest single bloc. The 
Christian Democrats looked like the/ 
would gain seven seats and improve 
their share of foe vote. 

State election officials projected that 
foe Social Democrats had taken 36.2 
percent of foe vote, down from 40.4 
percent in 1993, while foe Christian 
Democrats had won 30.7 percent, up 
from 25.1 percent. 

The Greens held steady at 14 percent, 
raising a strong possibility that foe So- 
cial Democrats may bring foe envir- 
onmentalist party into government here 
in a “Red-Green” alliance that now 
looms as the strongest potential chal- 
lenge to Mr. Kohl's attempt to secure a 
record fifth term at foe head of his 
center-right governing coalition. 

The biggest surprise, however, was a 
breakthrough by the far-right German 
People's Union, which may occupy up 
to eight seats if tbe final tally shows it 
surmounted foe 5 percent minimum 
needed to be represented in the as- 
sembly. The emergence of a xeno- 
phobic, anti-immigrant party in a port 
city that has long touted its tolerance for 
foreigners shocked many mainstream 
politicians. 

Since the fall of the Berlin Wall, 
Hamburg has endured a huge influx of 
foreigners from Eastern Europe and foe 
former Yugoslavia. Unemployment in 
Germany’s second biggest city, with 1.7 
million citizens, has soared to 13 per- 
cent Crime and drug-dealing have also 

See HAMBURG, Page 10 


G-7 Targets Japan Surplus 

The Group of Seven leading in- 
dustrial nations issued an unusually 
explicit wanting against an “ex- 
cessive” depreciation of the Jap- 
anese yen that could further inflate 
Tokyo’s already soaring trade sur- 
plus. Page 11. 


Defying UN, Arabs Give Gadhafi Landing Rights 


By Douglas Jehl 

New fork Tones Service 


CAIRO — Arab countries voted Sunday to defy ’ 
United Nations sanctions by permitting planes car- 
rying Colonel M oammar Gadhafi, foe Libyan leader, 
to land on their territory and to permit other flights for 
religious and humanitarian purposes. 

The resolution approved oy the Arab League is an 
explicit rejection of foe sanctions imposed on Libya 
since 1992 over its refusal to surrender suspects 
wanted in tbe United States and Britain in foe 1988 
srtmKing of a Pan American World Airways plane. It 


was destroyed over Lockerbie, Scotland, killing more 
than 270 people. 

Colonel Gadhafi and his government have flouted 
the sanctions at least four times in the last three years, 
including a trip be made to Cairo 15 months ago for an 
Arab summit meeting. 

The decision, which was approved by 18 Arab 
foreign ministers Sunday, underscores the sense of 
solidarity felt in foe Arab world for Colonel Gadhafi. 

It also reflected some of the rekindled animosity felt 
in recent months toward foe West — and foe United 
States in particular — for what is widely regarded as 
unevenhanded support for Israel in the latest crisis in 


foe quest for peace in tbe Middle East. 

Together with foe Labour government in Britain, 
Washington has been foe prime proponent of an un- 
yielding line toward Libya. While foe United States 
and Britain have demanded foal Libya hand over foe 
suspects for trial in their countries, Colonel Gadhafi 
has proposed that foe two men be tried in a third 
connoy or at foe International Court of Justice in The 
Hague. Britain and Washington have rejected that 
proposal 

The Tripoli government first violated foe travel ban 
See ARABS, Page 10 



Lory Qnnffimen 

The financier George Soros, 
speaking Sunday in Hong Kong. 


Soros Calls 
Mahathir 
A * Menace 9 
To Malaysia 


By Alan Friedman 

International Herald Tribune 

HONG KONG — The interna- 
tional financier George Soros on 
Sunday branded Prime Minister 
Mahathir Inn Mohamad of Malay- 
sia “a menace to his own country” 
and ‘ ’a loose cannon” who should 
not be taken seriously. 

Mr. Soros was responding to re- 
peated accusations by Mr. Ma- 
hathir that he and other speculators 
were responsible for Southeast 
Asia’s recent currency and finan- 
cial turmoil. 

The blistering attack by Mr. Sor- 
os was made 24 horns after Mr. 
Mahathir told a World Bank gath- 
ering here that currency trading 
should be made illegal. 

“I know I am taking a big risk to 
suggest it, but I am saying that 
currency trading is unnecessary, 
unproductive and immoral,” Mr. 
Mahathir said Saturday night. “It 
should be stopped. It should be 
made illegal. We don’t need cur- 
rency trading. We need to buy 
money oily when we want to fi- 
nance real trade.” 

On Sunday, Mr. Soros said: 1 ’Dr. 
Mahathir suggested banning cur- 
rency trading. This is such an in- 
appropriate idea that it doesn't de- 
serve serious consideration. 
Interfering with the convertibility 
of capital at a moment like this is a 
recipe for disaster. Dr. Mahathir is a 
menace to his own country.” 

The U.S. Treasury secretary, 
Robert Rubin, while saying he had 
not read Mr. Mahathir's speech, 
said at a news conference here Sat- 
urday that “currency trading is an 
inherent and very important func- 
tion in a modem and global econ- 
omy, and it is integral to global 
trade.” 

When Thailand’s currency crisis 
caused the Malaysian ringgit and 
other regional currencies to crash 

See SOROS, Page 10 


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Malaysia Slams the Door 
On a Troubled Neighbor 

8-Foot Barrier Closes Part of Thai Border 


By Thomas Fuller 

International Herald Tribune 


PEDANG BESAR, Thailand — 
Bicha Ponboon, a sprightly man in his 
early 20s, lives on Wall Street, an 
address that has more in common with 
downtown Manhattan than just a 
name. Mr. Bicha’s neighborhood is 
full of dealers and traders whose main 
business centers on commodities and a 
thriving service industry. 

But unlike in Manhattan, foe Wall 

Street in Pedrum Besar runs parallel to a 

very real walL Topped with barbed 
wire, foe eight foot (2.4 merer) concrete 
structure separates Malaysia from Thai- 
land, running along foe edge of town 

before disappearing into foe jungle- 

Mr. Bicha uses foe Malaysian-built 
structure to help support the corrugated 
metal roof of foe small dwelling he 
shares with his older sister and her two 
small children, who on a recent visit 
were glued to foe television set that 


shs squarely against foe border wall. 

Down foe road, entrepreneurial 
Thais have set up an outdoor casino in 
an area intended as a no man’s land 
between die two countries. Free from 
police interference from either side, 
gamblers stand around three betting 
tables, trying their luck at an array of 
southern Thai and Chinese games. 
Nearby are dozens of karaoke bars, 
cnrytail lounges and massage parlors, 
mn^f of them doubling as brothels. 

The border here has long been a 
religious and cultural transition point, 
separating largely Muslim and socially 
more conservative Malaysia from 
Buddhist, more freewheeling Thai- 
land. Bur today it also stands as an 
economic fault line, dividing wealthier 
and politically stable Malaysia from as 
financially strapped and politically 
weak neighbor- . 

Talk throughout the region m past 



See WALL, Page 10 Yoga bin Pak Itam, an aboriginal border guard, surveying the wall that separates Malaysia from Thailand. 


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BSTERNATI0NA1 HER ALD TRIBUNE, MONDAY SEPTEMBER 22, 1997 

1 PAGE TWO ' ~~ 


% That bZ m JMevedr /Ally«v KebiriWs « »«riMil|a» 

From KGB Maestro to Oil Kingdom’s Chief 


13 th-Century Journal 
Surfaces, Or Does It? 


- ■ .dif ■ 


**■ j* 




B AKU. Azerbaijan — At the sprawling 
Pasaj market in central Baku, there is 
little subtlety in people’s praise for 
President Heydar Aliyev. 

“Is there anything he has not , achieved - 
asked one smiling fruit vendor, “uh, he is a 
perfect leader," added another. A thud, eyid- 


By Stephen Kinzer 

Neve York Times Service 


Sy oot^ntingW be outdone, asserted, “He 
is like a second God to us.” _ 


is like a second God to us. 

Azerbaijan was in chaos when Mr. ,, Anyev 
emerged from a messy power struggle in 199i 
and then called a presidential electron, which 
he won with a reported 97 percent of the vote. 

Food w as scarce, Armenian troops were 
marching through Azerbaijani territory, and 
warlords had reduced the land to virtual an- 
archy. , 

Today, the country is stable, if not pros- 
perous. Food is plentiful for those who can 
afford it, and foreign oil companies are be- 
ginning to tap vast reserves, which promise 
great wealfe.The inflation rate has dropped to 
less than 10 percent a year from more than 
1.000 percent 

At home, Mr. Aliyev has disarmed the war- 
lords and has shown a masterly ability to 
balance the interests of the foreign powers that 
are casting covetous eyes on Azerbaijani oil. 

“He’s carrying this whole country on his 
shoulders,” said Charles Schroeder. one of 
hundreds of Americans who have come here 



Doubts Shroud Account of Trip to China 


By Nicholas D. Kristof 

A’w Fork Times Service 


about him. He 's a very smooth professional, and he 
plays the game very skillfully.” 

Critics say, though, that Mr. Aliyev’s autocratic 
style has hindered the development of democracy. 
His government limits press freedom and harasses 
dissidents, imprisoning and reportedly torturing 
those who will not heel. 

In the countryside, and even in Baku, the capital, 
some poor people are beginning to wonder when 
their lives will begin to improve. 

For the time being, however, Mr. Aliyev 
towers. 

“People gravitate toward him because he has 
such a huge personality.” said Eldar Namazov, one 
of the president's closest aides. “No one can doubt 
whar he has done for this country. When he came to 
power. Azerbaijan was collapsing as a state. He 
accomplished a mission comparable to Ataturk in 
Turkey or de Gaulle in France. He rook over a 
ruined state and restored it under incredibly difficult 
circumstances. 

“Politics is everything for him,” Mr. Namazov 
continued. “It is his work, his hobby and his 
life.” 

To his opponents, however, Mr. Aliyev's outsize 
personality is cause for concern. 

“He is a classic Soviet leader,” said Leyla Yun- 
usova. an opposition figure who heads a human- 
rights group called the Institute of Peace and De- 
mocracy. 

“He perfectly understands our people and the 


slave mentality we have Mien 
into over the last 70 years. His 
tools are control over people’s 
livelihood, blackmail, corrup- 
tion, propaganda and, if nothing 
else works, police repression.” 

Mr. Aliyev, 74, spent much of 
his career in die Soviet security 
police, rising to the rank of gen- 
eral in the KGB and heading its 
apparatus in Azerbaijan. 


RUSSIA 


GEORGIA 


HIS 


Shades of the Soviet 
tradition. Portraits of 
President Heydar 
Aliyev can be seen in 
every school and office 
across Azerbaijan. 


ARMENIA 


I N 1969, under the patron- _j\ 

age of the Soviet leader Le- TURKEY V 

onid Brezhnev, he became l t 

the Communist chief of C ( 

Azerbaijan. Later, he was named 
to the Politburo in Moscow. ‘ 

Mikhail Gorbachev forced • / IRA0 

Mr. Aliyev from power in 1987 — ^ 

and he returned to his hometown 

to watch the political collapse of the Soviet Union 

that he had served for nearly half a century. 

After the pro-Wes cem leaders who led 
Azerbaijan to independence in 1991 proved unable 
to control the country, he staged a triumphant 
comeback, portraying himself as the strong hand the 
country needed. 

Mr. Aliyev has never been known as a modest 
man, and m Baku it is difficult to avoid his image. 
Posters of him hang in schools, shops and offices. 


> AZERBAIJANI 

.saa 


Along many roadsides, billboards have sprung up 
bearing quotations from his speeches, such as, “I 


bearing quotations from his speeches, such as, 
have devoted my entire life to my country.” 


'Y Recently. Mr. Aliyev desig- 

\y £ j&Spj-V. nated June’ 15 as a new holiday 
called National Salvation Day. 
‘(azerbauah) On that date in 1993. he arrived 

in Baku from his home region of 
ffWN Nakhichevan and began the 

political maneuvers that ulti- 

^4 maiely led him back to power. 

In dealing with foreign oil 
companies that are vying for the great wealth be- 
neatn the Caspian Sea, off Azerbaijan’s coast, Mr. 
Aliyev has used the skills he accumulated in a 
lifetime of political maneuvering. 

He takes pains to show that he remains strong and 
vigorous, but some foreigners here say he has 
gathered so much power into his own hands that if 
he were to die suddenly, the country could descend 
into chaos again. 

“When he's out of the country, everything 
stops,” said a foreign ambassador posted in Baku. 
“People hardly even dare to Fix a leaking toilet 
without his approval.” 


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53 Reported Massacred by Raiders Near Algiers 


Pacific Western University 

1210 Auah Street Dept 23 
HonoUu. HI 9681*4922 



HOTEL MKTROPOLE 
GENEVE 


Gmpdtdhr Ovx SsiffFrjm [hspadia 

ALGIERS — An armed group killed 53 
civilians in a nighttime raid and then mu- 
tilated and burned the bodies in the latest 
violence in Algeria, a newspaper reported. 

The newspaper, Le Soird' Algerie. said the 
massacre took place early Saturday morning 
in Guelb Kebir, a village about 60 kilometers 
(35 miles) south of the capital. 

It said that the attackers slit the throats of 
the victims, who were mostly women and 
children. 

There was no claim of responsibility. 
Such mass killings are often attributed to 
Islamic militants seeking to overthrow the 
government, which is supported by the mil- 
itary. 

Although the government has failed to 


suppress the militants, it has intensified ef- 
forts before local and regional elections that 
are scheduled Ocl 23 and after several recent 
massacres near Algiers panicked residents 
there. 

In other violence, security forces killed 
19 aimed militants in several missions, wit- 
nesses and independent newspapers report- 
ed Sunday. 

Three Islamic activists were killed Sat- 
urday night in Bab el Oued, an Algiers 
neighborhood that is considered to be a 
Muslim fundamentalist stronghold. The 
deaths were reported by residents, who did 
not give their names for fear of reprisals. 

After a seven-hour siege, government 
security forces penetrated a carpenter’s 
shop 200 meters from the Sunna Mosque, 


killing the militants, the residents said. 

Two independent newspapers, L’Au- 
themique and El Khabar. reported Sunday 
that three Islamic militants were killed Fri- 
day inside the El Feth Mosque in eastern 
suburbs of Algiers. 

The newspapers also reported a search- 
and-destroy mission by government forces 
in the Tizi Ouzou and the Z’barbar regions 
about 100 kilometers south of Algiers. 

During the two-day operation on Friday 
and Saturday, 13 activists were killed, the 
newspapers said. 

The militants began the insurgency in 
1.992 after the army canceled legislative 
elections that fundamentalist parties were 
poised to win. The fighting has left more 
than 60.000 people dead. (AP.AFP) 


On an Augustdayin 1271. if the story 
is to be believed, a fonr-masted ship 
. sailed into the crowded harbor of Zaima 
in southeast China, carrying a gray- 
bearded Italian Jewish trader named 
Jacob. 

An account of Jacob’s voyage, pla- 
cing him in China four years before 
Marco Polo arrived, has surfaced in 
Iialy. It provides extraordinary images 
of a civilization that was the most 
dazzling in the world, describing 
everything from mass-circulation por- 
nography to an early flamethrower. It 
recounts bow he spent six months in 
Zaimn and became embroiled in 
Chinese political debates so fierce that 
be had to flee for his life. 

Scholars say that if die manuscript is 
authentic, it is an immensely important 
find, a major new source of information 
about life in medieval Asia. 

Little, Brown and Co. is publishing 
an English translation Of the manuscript 
in November, and a reading of an ad- 
vance copy suggests that while it lacks 
die scope of Marco Polo’s epic tale, it 
has similar historical significance and 
perhaps greater drama. 

Zafttm, from which die En glis h word 
“satin” is derived, was then one of the 
busiest ports in the world, and Jacob 
describes “a city of measureless trade” 
whose “streets are crowded with a vast 
ebb and flow of men and carriages.” He 
is awed by its fabulous wealth but 
deeply troubled by what he sees as its 
moral depravity, particularly among die 
city’s women. 

“Thus these give no value to being 
chaste, just as others think adultery no 
shame, nor even to bear children with- 
out concern, whom often they secretly 
kill,” writes Jacob, who identifies him- 
self as die son of Salomone of Ancona, a 
city in northern Italy. “All these go 
about the streets wearing stuff so thm 
that a man may see their bodies, so 
immodest is their dress, may God spare 
me for what my eyes have seen.” 

He describes a city riven by debates 
that echo those of today, with elderly 
scholars condemning young people for 
promiscuity, for homosexuality, for 
feminism, for coddling criminals and 
above ail for being obsessed with mak- 
ing money. 

“They" bow down and worship the 
ancestors no more,” a leading scholar 
complains of young people to Jacob. “It 
is for money and possessions alone that 
their foreheads touch the earth. 

“Now, both young men and young 
women are in a state of desire, not being 
satisfi ed with those thing s which life 
brings to them, and being driven to 
wander in search of pleasures and of other 
things which are acceptable to them.” 

A major problem for contemporary 
scholars is that the translator of Jacob’s 
manuscript. David Selbounie, a 60- 
year-old British scholar who taught the 


aware of the gift that I had in my han^ j 
that I had a responsibility to make its 
contents known.” 

Frances Wood, a leading British' 
scholar of medieval China ana author of 
a book casting doubt on whether Marco' 
Polo ever went to China, said that she 
had not read Jacob's manuscript and so 
could not judge its authenticity. She 
added that the refusal to show the orig-; 
inal to other scholars is “a major prob- 
lem’ ’ and ' ‘ a great pity . ’ ’ 

But Ms. Wood said that Jacob's jour- 
ney would have been entirely posable- 
given what is known about fee period,' 
and she added feat site found fee idea of 
a sea journey as Jacob describes nxs£ 


Marco Polo. She emphasized feat ao 
account of such a journey would be of 
enormous historical significance. 

* ‘It’s fantastically important, because 
we know terribly little about feat peri- 
od.” fee said. 

Jacob’s intent differs from feat 'of 
Marco Polo, whose manuscript is more 
of a guidebook about China than a first- 1 
person account of a journey. Marco 
Polo's work is far more comprehensive, 
for he said he spent 17 years in China 
and was a trusted figure in the court of 
Kublai Khan, the Mongol emperor, 
whereas Jacob’s manuscript is moreofa 
first-person adventure story about his 
visit to a single city. 

Yet some experts have long doubted 
whether Marco Polo ever really went to 
China, suspecting feat instead 
cribbed from Persian guidebooks about 
China to write a book that would win 
him fame and honor. Marco Polo uses 
Persian names for Chinese cities, rather 
than Chinese names, and he surprisingly 
malms no references to such ubiquitous 
features of Chinese life as drinking tea 
and foot-binding. ■ 

In contrast, there is no possibility feat 
Jacob was seeking feme with his 
manuscript, for his account includes 
constant disparaging remarks about 
Christians. If fee manuscript had be- 
come public in his lifetime, he would 
have risked severe punishment, and Mr.' 
Selboume speculates that the 
manuscript was kept secret for so many 
centuries precisely because it is so pro- 
foundly anti-Christian. 

It is known feat many European 
traders visited China and perhaps lived 
there, for there are tantalising remnants 
in China such as a tombstone in the rity 
of Yangzhou of an Italian girl named 
Katerina who died in 1342. But because 
of die turbulence in China over fee' 
centuries, little is known of these for- 
eigners or of the daQy life of the cities: 
where they lived. 

In the 13fo century, China was prob- 
ably fee wealthiest and most advanced 
country in fee world, wife fee biggest 


lira i 


.- A- 




cities, fee greatest shipping, the best 
doctors and the most sophisticated tech- 


history of political philosophy for many 
years at Oxford, says that he cannot 


make fee original text available to any- 
one else. 

Mr. Selboume says he was allowed to 
see fee manuscript and publish it only 
on condition that he not show the orig- 
inal to others or reveal anything about 
fee identity of fee owner. 

Inevitably this will raise questions 
about authenticity. 

“1 wrestled wife my own doubts 
about translating a manuscript to which 
others would not have access,” Mr. 
Selboume said. “I decided, as I became 


doctors and the most sophisticated tech- 
nology. 

Jacob describes wife awe the process 
of printing wife movable wooden type^ 
along wife such wonders as paper 
money, free daily newspapers and 
mass-circulation booklets — although 
he laments feat many of these arc 
• ‘wicked and base, having images of the 
act of love and cruel misdeeds.” 

He offers one of fee first descriptions 
of the use of gunpowder, when be de- 
scribes a Chinese cannon and what 
sounds like a primitive flamethrower 
“Using a magical powder that burets 
and which they place in a tube of iron of 
copper, they can throw a swift arid fly- 
mg fire to a great distance, and to the #/ 
great harm of a foe.” 


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A cruise ship struck with an outbreak of 
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York City, clearing the way for its return to fee 
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North America Europe 

Showers will darrpen New Sunny and warm across 
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Sunny and comfortable In tn store lor southern Italy 
the Nonhead. The North- and northwestern Spain: 
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Asia 

Sunny and nice in Seoul 
Tuesday, but showers are 
likely by Thursday. Cool 
with Increasing clouds in 
Beijing Tuesday, then 
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Showers are possible in 
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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY SEPTEMBER 24, 1997 


INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 


H 


Ua| THE AMERICAS 

It? Gore Hires 2 Former Prosecutors 


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By Stephen Labaton 

■V< 1 w Yurk Time* Scmce 

WASHINGTON — With mo- 
mentum building at the Justice Depart- 
ment for the appointment of a new in- 
dependent counsel to investigate Vice 
President A1 Gore's campaign fund- 
raising practices, Mr. Gore has hired 
two former Watergate prosecutors to 
head off such a move, or — faili ng that 
— to defend him. 

“The vice president wanted private 
counsel so he can. get his position 
presented directly and personally to the 
Department of Justice," said Lorraine 
Voles, Mr. Gore’s chief spokeswoman. 

"He has instructed his private coun- 
sel to continue to cooperate fully with 
the department." 

White House officials said Wednes- 
day that Mr. Gore had retained James 
Neal, a Tennessee litigator and former 
prosecutor under Attorney General 
Robert F. Kennedy, and George Framp- 
ton Jr., who served in the first Clinton 
administration as an assistant secretary 
of the interior and before that was the 
president of the Wilderness Society. 

Mr. Frampton also served under Mr. 
Neal when Mr. Neal was the chief Wa- 
tergate prosecutor in the 1970s. 

Mr. Gore is under investigation by the 


campaign financing task force of the 
Justice Department for his fund-raising 
activities last year on behalf of the 
Democratic National Committee. 

As Mr. Gore has. shifted his account 
of the activities, including scores of 
telephone calls that he made from his 
White House office to solicit donations 
for the Democratic Party. Justice De- 
portment officials have intensified their 
investigation. 

Some critics and Republican law- 
makers have charged that Mr. Gore’s 
telephone solicitations broke a federal 
law that prohibits government officials 
from seeking campaign contributions 
while in federal buildings or on federal 
property. 

But Mr. Gore and his aides have said 
the law, which is rarely used by pros- 
ecutors, is meant to apply to government 
officials seeking to pressure their sub- 
ordinates for donations. 

The aides have also said that the law 
did not apply because the donors whom 
Mr. Gore solicited were not on federal 
property at the time the donations were 
sought. 

In originally declining to recommend 
an independent.counsel. Attorney Gen- 
eral Janet Reno explained that the law 
was not applicable. 

In her interpretation, the law was 


intended to apply only to so-called 
“hard money," the campaign contri- 
butions raised directly for candidates 
and regulated by federal campaign 
law. 

Ms. Reno's analysis of the law was 
undermined, however, when it was re- 
vealed earlier this month that Mr. Gore 
had solicited donations that wound up in 
hard- money accounts of the Democratic 
Party. 

Confronted with a welter of new al- 
legations. some officials at the Justice 
Department have begun discussing the 
possibility of appointing an independ- 
ent counsel before the end of the year, as 
the law permits. 

Some officials have said in recent 
days that they fear the Justice Depart- 
ment may no longer have the credibility 
to cany out the investigation. 

Although some experts in criminal 
and federal election law say that Mr. 
Gore is not likely to be prosecuted, 
based on what is known of his involve- 
ment in fund-raising, the prospects of a 
new independent counsel and the timing 
of the investigation could prove fatal to 
his ambidon to run for the White House 
in 2000. 

News accounts of Mr. Gore’s fund- 
raising activities have sharply eroded 
his standing in public opinion. 



iiif 


Mr » Lquiulw,Thc AshXIUcJ Proa 

Vice President A1 Gore, left, being welcomed to Moscow on Sunday by 
Prime Minister Viktor Chernomyrdin for talks on economy and trade. 


With Limits Drawn in Tobacco Deal, Now the Wrangling Starts 


By John M. Broder 

f i 

WASHINGTON — Every negoti- 
ation requires a ceiling and a floor be- 
tween which the parties can hope to 
hang a compromise. Those dimensions 
in the national debale over the tobacco 
policy became clear last week. 

The floor for negotiations was set in 
June, when the tobacco makers and state 
anomeys general announced a $368.5 
billion plan to settle dozens of poten- 
tially ruinous lawsuits against the in- 
dustry. 

That proposal — which looked like a 
historic deal three months ago — is now 
but the starting point for months of 
difficult negotiations. 

President Bill Clinton set the upper 
limits Wednesday, sending to Congress 
a tough package of tobacco-control 
principles that goes far beyond anyt hing 
the cigarette companies have been will- 
ing to accept up to now. 

Between Mr. Clinton’s ceiling and 
the June settlement floor lie scores of 
billions of dollars for the tobacco in- 
dustry, more than a dollar a pack for 
smokers and the possibility that hun- 
dreds of thousands of people, most of 


them teenagers, might be deterred from 
smoking. 

By proposing only principles, Mr. 
Clinton delivered to Capitol Hill a vast, 
unwieldy and largely blank canvas that 
is not likely to be completed until next 
spring, if ever. 

But at least such a canvas now exists, 
and lawmakers can begin to do what 
they do best: posture and politic in pub- 
lic. haggle and horse-trade in private. . 

Mr. Clinton is playing a sophisticated 
negotiating game, players on ah sides of 
the debate agree. 

On Wednesday he brought together 
in the Oval Office parties who have 
been feuding over tobacco policy for 
years. 

Mr. Clinton announced his new to- 
bacco-control requirements without 
spelling out the dicey details on how to 
achieve them, allowing himself to rain* 
credit for whatever final compromise is 
reached. 

He kept himself at a safe distance 
from the cigarette companies without 
casting them as vill ains 

He gave a nod to tobacco-state law- 
makers, historically the industry's best 
friends in Congress, by insisting that 
tobacco growers must be compensated 


for any income they lose as a result of 
reductions in smoking. 

And he portrayed his goal as pro- 
tecting the health of the country's youth, 
an unassailable political position. : 'Re- 
ducing teen smoking has always been 
America's bottom line," the president 
said. "It must be the industry’s bottom 
line." 

The centerpiece of his proposal is a 
steep increase in the price of cigarettes, 
as much as $1.50 a pack over 10 years 
from the current average of about $2. 
That represents a substantial increase 
over the rise in the June agreement of 
about 70 cents a pack. 

Most of the price increases would be 

F assed along to customers, of course. 

ublic health experts contend that teen- 
agers are particularly sensitive to the 
price of tobacco and expect that many 
would not take up the habit at sharply 
higher prices. 

The Clinton administration did not 
provide an estimate of the potential 
overall cost of the president's plan. But 
Mr. Clinton insisted that he was not 
concerned with such details. 

"To me, this is not about money." he 
said. “It is not about how much money 
we can extract from the tobacco in- 


dustry. U is about fulfilling our duties as 
parents." 

This elicited cheers from anti-to- 
bacco Democrats on Capitol HLU and 
from most public health groups. To- 
bacco company officials asserted that 
they, too, cared about .America's chil- 
dren. But they also noted that a hundred 
billion here, a hundred billion there soon 
adds up to real money — and bank- 
ruptcy for their industry. 

“These are businesses and they are 
publicly traded companies, and while 
they are large, they nave their limits," 
said an industry official who insisted on 
not being named. “There is a tipping 
point, ana it's the number in the June 
agreement. At least that’s their position 
today." 

The road ahead is fog-bound. Mr. 
Clinton will assemble a bipartisan group 
of senior lawmakers in early October to 
draw up a timetable for drafting com- 
prehensive robacco legislation. 

Weeks of hearings will follow. Rep- 
resentative Thomas Bliley Jr., Repub- 
lican of Virginia, whose district in- 
cludes many tobacco growers and who 
has been a longtime ffiend of the in- 
dustry, plans to convene Commerce 
Committee hearings in November and 


December that will be pivotal to the 
development of a compromise plan. 

In the Senate. Edward Kennedy, 
Democrat of Massachusetts, is working 
to assemble a bipartisan group to trans- 
late the president's principles into le- 
gislative language. Mr. Kennedy hopes 
to enlist Senator Orrin Hatch, Repub- 
lican of Utah, with whom he has worked 
closely on health legislation in the 
past. 

me cigarette makers will not be si- 
lent in these discussions, although they 
are expected to keep a low public pro- 
file. knowing that anything they are seen 
to support will immediately be suspect 
in the public’s eye. 

And the companies are unlikely to 
walk away. The prize — immunity from 
most litigation, and a predictable fi- 
nancial future — is far loo valuable for 
them to leave on the table. 

“A year ago, nobody expected as to 
be where we are." said a senior tobacco- 
company executive who insisted on an- 
onymity. 

"People are stunned that it's gotten 
this far. Public momentum is clearly 
there that we ought to settle these issues 
involving tobacco. We ought to get it 
done and move on-.’’ 


PAGE 3 


POLITICAL 


Clinton Threatens 
Congress With ffeto 

SAN CARLOS, California — 
Setting himself on a collision 
course with the Republican Con- 
gress, President Bill Clinton has 
vowed to veto a mammoth spend- 
ing bill if it contains amendments 
blocking his national school stan- 
dards and testing plan or channel- 
ing money away from his other 
cherished federal education pro- 
grams. 

The House has passed an amend- 
ment to stop the school testing pro- 
gram. while the Senate has voted to 
take money away from many fed- 
eral education programs, like bi- 
lingual education, and give it in- 
stead in grants to school boards. 

“If Congress sends me partisan 
legislation that denies our children 
high national standards or weakens 
our national commitment to 
stronger schools." Mr. Clinton said 
in his weekly radio address. “I’ll 
have to give it the failing grade it 
deserves, and I’ll veto iL” 

The House and Senate must now 
negotiate with each other over 
whether either or both of the 
amendments should survive as part 
of the $279 billion spending bill for 
the departments of Education, 
Labor, and Health and Human Ser- 
vices. (NYT) 

Political Giving 

LOS ANGELES — Political 
contributions by the 544 biggest 
public and private American 
companies jumped 75 percent to 
$102.4 million over the last four 
years, a survey shows. 

The survey, by the Los Angeles 
Times, which examined die polit- 
ical contributions of every major 
U.S. corporation, also showed that 
company executives and other em- 
ployees kicked in an additional 
$26.9 million, a 41 percent in- 
crease. (LAT) 

Quote I Unquote 

President Clinton, at a San Fran- 
cisco fund-raiser: "Most of you 
who have come here to help us 
could have made more money in 
the short run helping the other 
party. You came here because you 
thought we needed to go forward 
together. I’m here to tell you in 
spite of all the good times, we dare 
not rest" (AP) 


Air Force Examines 6th Crash in Week 


Ovfaicd br iTur Huff Fran Dupmrlta 

ELLSWORTH AIR 
FORCE BASE, South Dakota 
Air force officials began 
an investigation over the 
weekend into the sixth crash 
of a U.S. military aircraft in a 
week, this one involving a B- 
1 bomber that went down in 
southeast Montana. 

• All four crew members 
aboard the air force B-1B 
bomber were killed when the 
plane crashed Friday, leaving 
a trail of debris several huu- 
! dred feet long in the Montana 
prairie. In all, 16 Americans 
have died in U.S. military 
crashes since Sept 13. 

The crash Friday prompted 
air force officials to move up 
a suspension of all training 
flights, which was ordered by 
Defense Secretary William 


Cohen to study safety after 
the rash of accidents. The 24- 
hour training halt was res- 
cheduled for Monday instead 
of Friday. 

"On Monday, we will stop 
flying training and exercise 
missions and focus intently 
on what we do and how we do 
it,” said General Richard 
Hawley, head of the service’s 
Air Combat Command. "We 
need to determine why these 
incidents happen and how to 
prevent any more mishaps. " 

A spokeswoman at Ells- 
worth Air Force Base, Senior 
Airman Jennifer Blake, said 
investigators had not yet de- 
termined whether the crew 
had sent any distress calls or 
attempted to eject from the 
bomber, which crashed about 
25 miles (40 kilometers) 


Away From Politics 


• A Manhattan pawnshop 
owner who tried to sell a 
stolen Impressionist painting . 
by Claude Monet for $5,000 
has been arrested, taw en- 
forcement officials said. 

A Terry Kaplan was arrested 

Y after he offered "Etretat, le 
Cap d’ An riser" to a jewelry- 
store owner who was cooper- 
ating with the Federal Bureau 
of Investigation. The painting 
sold for $68,000 at an auction 
at Christie’s in 1994. (NYT) 

• The launch of the Cassini 
Saturn spacecraft delayed 
by a cooling system problem, 
has been set for Oct. 13, 
NASA announced. (AFP) 

• Two Ohio men accused of 
providing ' 1,000 explosive 
devices to the Mountaineer ; 
Militia in West Virginia were 
acquitted of all charges. (AP) 

fugitive was arrested 

Y while walking along a coun- 

try road, more than four 
months after he slipped away 
from an armed standoff in the 
mountains of western Texas. 
Richard Frank Keyes HI, 22, 
was arrested in New Waverly , 
-north of Houston, on charges 
of kidnapping, engaging in 
organized criminal activity 
and unlawful flight to avoid 
prosecution. . (AP) 

•A federal judge has 
awarded $27 million to the 
parents of nine newborns who 

A were injected with toxic 

^amounts of painkiller at a 
Montgomery, Alabama, mil- 
jtary hospital in 1988, al- 
legedly by a mentally unbal- 



north of Alzada, Montana. 

Air force officials said the 
plane had been on a routine 
training flight over the 
Powder River Military Op- 
erations Area, but Airman 
Blake said investigators had 
not yet been able to determine 
whether the crew was flying a 
low- or high-altitude mis- 
sion. 

Officials said no bombs 
were aboard the swing-wing 
B-IB Lancer, which was de- 
signed to cany nuclear bombs 
deep into Sovier territory in a 
world war. 

A witness said the bomber 


anced staffer who was never 
prosecuted. (AP) 

• The University of Califor- 
nia is considering dropping 
the Scholastic Aptitude T est 
as an admission requirement 
in the face of evidence that its 
move to eliminate race as a 
factor in picking students will 
produce declines in Latino j 
and black enrollment. (WP) 

• The Seattle police arres- 

ted 146 people and seized 
cash, cocaine and heroin in 
what they called the largest 
undercover ding sweep in the 
city’s history. (AP) , 


Khsiimuil 

RealEstatk 

Appears every Friday 
in The InLermarkeL 
To advertise contact 
Nina NieH 1 
in our London office: 
TeL: + 44 1 71 420 0325 
Fax: + 44 1 71 420 0338 
or your nearest IHT office 

or representative. 


had been flying lower and 
slower than normal military 
flights in the area. "I thought 
that was kind of strange,” 
said Jim Watts, a rancher. 
“But they do all kinds of dif- 
ferent maneuvers out there." 

Killed in the crash were the 
plane’s pilot. Colonel An- 
thony Beat, deputy com- 
mander of the 28th Bomb 
Wing; Major Clay Culver, as- 
sistant operations officer. 
Major Kirk Cakerice, assist- 
ant operations officer, and 
Captain Gary Everett 
weapons system officer. 

(Reuters, AP) 


Have you been to 


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Tuesday 

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Menkes covers the fashion front 
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provides up-to-date information on 
developments in the ch angin g world 
of creative design. 

Eveiy Tuesday in the International 
Herald Tribune. 


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PAGE 4 


INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 


ASIA/PACIFIC 


Filipinos Warn Ran lOS 
To Forget Any 2d Term 


Rally Goes On Though He Rules Out Run 


By Keith B. Richburg 


Washington Post Service 


MANILA — Twenty-five years after 
Ferdinand Marcos signed a proclam- 
ation imposing martial law on the Phil- 
ippines, hundreds of thousands of Filipi- 
nos ignored driving rain and repeated 
bomb threats Sunday to join in a huge 
outdoor Mass and protest rally against 
what many here view as a new threat to 
the country's reborn democracy: a be- 
lief that the current president wants to 
stay in office beyond his legal term. 

The rally — which some news agen- 
cies es timat ed drew as many as half a 
million people to Manila's Lnneta park 
— brought together some of the same 
leaders whose unlikely coalition drove 
Mr. Marcos from power in 1986, in- 
cluding former President Corazon 
Aquino, Cardinal Jaime Sin, the influ- 
ential archbishop of Manila, as well as 
leading politicians, business executives 
and leftist groups. 

The target of the protest seemed just 
as unlikely: President Fidel Ramos, now 
in the final eight months of his six-year 
term and largely credited with turning 
around the Philippines' once moribund 
economy and presiding over a period of 
political calm free of coups and Com- 
munist guerrilla threats. 

For most of his term, Mr. Ramos was 
largely the beneficiary of favorable 
opinion poll ratings and widespread, al- 
most gushing praise in the media. But his 
popularity has evaporated after weeks of 
conflicting statements about whether he 
backed ongoing efforts to alter the con- 
stitution to allow him to seek a second 
consecutive term. Once hailed as a hero 
who turned Asia's "sick man” into the 
region's newest tiger, Mr. Ramos lately 
has been vilified by columnists and some 
of his former political allies for what 
they see as his backroom maneuverings 
to perpetuate his hold on power. 

Od Saturday, Mr. Ramos tried to de- 
fuse the rally planned for Sunday by 
stating, * T wui not run for re-election — 
period, period, period.” And in a news 
conference at an air force base on Sun- 
day. he repealed his pledge to step down 
after elections are held in May and to 
hand over power to an elected suc- 
cessor. He also said any changes to the 
constitution should wait until after the 
May 1998 elections. 

But Mr. Ramos’s latest vow not to 
tinker with the constitution was not 
enough to dampen the fervor of the 
protesters, some of whom recalled that 
the president had changed his public 
line several times in the past 
“In the darkness of confusing official 
statements and contradictory official ac- 
tions, we feared the president of die coun- 
try was not with us,” Cardinal Sin said 


Mrs. Aquino, who ruled for six years 
after toppling Mr. Marcos in a "People 
Power” uprising, took the stage in her 
trademark yellow dress — the color of 
the 1986 revolution revived for this rally 
— and warned Filipinos not to allow a 
repeat of the kind of tyranny Mr. Marcos 
had imposed. 

“Twenty- five years ago , the pres- 
ident of the Philippines blew out the 
light of democracy and covered the na- 
tion in darkness,’ 1 Mrs. Aquino said. 
‘‘The public was blindfolded and 
gagged, and the country was robbed.” 

“Why?” she added. “Because the 
president of the Philippines then wanted 
to change the constitution so he coold 
stay in power beyond the legal term.” 

“That is why we are here,” Mrs. 
Aquino said to cheers from the crowd, 
"to tell the people who want to stay in 
power, by martial law or charter change: 
no way and never again! Do your worst, 
we will do our best to stop you. And we, 
the people, will prevail." 

Mrs. Aquino and Cardinal Sin shared 
the stage with some of the leading con- 
tenders in the race to replace Mr. Ramos 
as president. 

Vice President Joseph (Erap} Es- 
trada, a former movie star ana local 
mayor who leads most public opinion 
polls, was on hand, as were two popular 
senators, Gloria Macapagal -Arroyo and 
Miriam Defensor- Santiago, both likely 
candidates. 



Haze Worsens 
Over Malaysia 
After Respite 


BRIEFLY 


Li Peng Visits Sites 
InHongKong 


HONG KONG — Prime Min- 


Car (final Jaime Sin and former President Corazon Aquino singing the 
national anthem at the protest rally in central Manila on Sunday. 


North Korea Calls on U.S. for Food 


TOKYO — North Korea said Sun- 
day that the United States should 
provide food aid as a sign of goodwill 
after the breakdown of talks intended 
to create a peace treaty between the 
rwo Koreas. 

The official KCNA news agency, in 
a report monitored in Tokyo, quoted a 
Foreign Ministry spokesman as saying 
that the United States was using food 
aid as a weapon in the talks. 

The discussions, which took place 
in New York last week, were halted 
after North Korea said that any talks 
must include the issues of the with- 
drawal of the 37,000 U.S. troops in 
South Korea and of food aid. 

The North Korean statement said 
that the question of a pullout of U.S. 
troops from South Korea was always 
on the table at the talks. 

“We proposed from the beginning 
to include in the agenda of the talks the 
U.S. troop pullout from South Korea 


and its vicinity,’ ’ it said, and the * ‘con- 


clusion of a peace agreement” be- 
tween North Korea and the United 


tween North Korea and the United 
States “and the discontinuation of 
North and South Korea’s import of 
military hardware from outside.” 

The 1950-1953 Korean War. in 
which the United States supported the 
capitalist south and China backed the 
Communist north, ended with an 
armistice that stopped the fighting but 
technically not the war. 

North Korea, facing a severe food 
shortage, also said that the United 
States was trying to use food aid as a 
weapon. 

“We intended that if the United 
States clearly promised food supply” 
to North Korea, the statement said. 
‘ 4 we would regard it as goodwill of the 
United States and show flexibility' in 
the debate on the agenda of the 'four- 
way talks.’ " 

International aid agency officials 
say that North Korea is facing a serious 


famine after two years of drought and 
recent flash floods and thar this year’s 
crop does not look good. 

The North Korean statement said 
that the possible restoration of the 
talks depended on the United States. 

■ North Korea Deploys Missile 

A U.S. military satellite confirmed 
North Korea's deployment of its 
Nodong- 1 missile, which is capable of 
reaching part of Japan. Japan Broad- 
casting Carp- reported, according to 
Agence France-Presse. 

The missile has been deployed in 
the northwest of North Korea, accord- 
ing to U.S. satellite photographs taken 
last month, the report said, quoting 
Japanese and American military and 
intelligence sources. 

Based on the Scud made by the 
former Soviet Union, the Nodong- 1 
can hit targets more than 1,000 ki- 
lometers away and could be Fitted with 
nuclear or chemical warheads. 


C&qxird b && SttfFma Diqtx*** 

KUALA LUMPUR — A switch in 
wind direction over the weekend im- 
proved air quality in most of Malaysia, 
officials said, but die wind shifted again 
Sunday, obscuring skies once more. 

The Air Pollution Index in Kuala 
Lumpur eased to a “moderate” rating 
of 108 early Sunday, compared with 292 
late Saturday, after surging past the 
“hazardous” level of 300 last week, the 
Environment Department said. 

In the eastern state of Sarawak, where 
the ha7P- from forest fires has been the 
worst, the pollution index slipped to 
366, still at a “hazardous” level, after 
die high Friday of 634. Visibility in the 
capital city, Kuching, was still low at 
600 meters (2,000 feet). 

The shift m wind pattern brought some 

blue skies and sunshine, but Kuala Lum- 
pur’s sky line was ag ain obscured Sun- 
day. An Environment Department 
spokesman said the wind direction had 
apparently changed back to its old pattern 
and warned that the haze would intensify 
over the next two days. 

Forest fires sweeping across Indone- 
sia are spreading the haze over Malaysia 
and Singapore. On Sunday, Indonesian 
fire officials said they had identified 167 
hot spots from blazes across die sprawl- 
ing archipelago that were contributing 
to the choking smoke haze blanketing 
parts of Southeast Asia 

“Forest fires are still on.” said an 
official of the coordinating team for 
land and fires control. “The fires have 
hit more than 80,000 hectares 
throughout the country.” 

In Kuala Lumpur, activists staged 
protests Sunday , voicing dissatisfaction 
at what they said was a lack of “firm, 
serious and concrete actions” by the 
government to bring the pollution crisis 
under control. Prime Minister Mahathir 
bin Mohamad declared a “haze emer- 
gency” after the index crossed the haz- 
ardous level Friday. 

More than 50 activists from various 
organizations gathered to don masks. 
They also collected signatures for a pe- 
tition to the prime minister. 

In Indonesia, smoke from forest fires 
prevented emergency flights Sunday 
from getting to the drought-stricken Jay- 
awijaya district of eastern Irian Jaya 
Province, where more than 150 people 
have died from lack of food and clean 
water. The district chief, LB. Wenas, said 
planes and helicopters had not been able 
to deliver food or take out the critically ill 
because the smoke was so thick. 

In Singapore, the pollutants standard 
index measuring the haze level was at 
1 00. just below the unhealthy level. The 
Environment Ministry has said schools 
and sports complexes will be shut 
should haze levels remain above 300 for 
mare than 24 hours. (AFP. Reuters) 


ister Li Peng on Sunday made the 
first tour of Hong Kong by a main- 
land leader in a demonstration of 
Beijing’s sovereignty over the ter- 
ritory it recovered from Britain on 
July 1. 

Traveling in a motorcade 
dammed with security agents, Mr. 
U joined Hong’ Kong’s chief ex- 
ecutive, Tung Chee-hwa, on visits to 
a shi pping container terminal, the 
Chek Lap Kok airport that is due to 
open next year and a huge. suspen- 
sion bridge that leads to the airport 

Near the hotel where the Chinese 
prime minister is staying, several 
demonstrators waved pamphlets 
that read: “Li Peng is a butcher" 
above a caricarure. 

The demonstrators were de- 
tained by the police. (AFP) 


Taiwan Considered 
Nuclear Role in ’67 


TAIPEI — Taiwan’s govern- 
ment considered developing nucle- 
ar weapons in the late 1960s to 
counter a military threat from 
China but dropped ihe plans on the 


advice of Taiwan’s top physicist, it 
was reported here Sunday. ... 

The Defense Ministry mapped 
the plans in 1967 when tensions 
across the Taiwan Strait were high, 
local newspapers said. China, 
which has been a t loggerheads with 
Taiwan since their split at the end of 
a civil war in 1949, already had 
nuclear weaponry then. 

Wu Ta-yu, framer director of the 
island’s highest academic body. 
Academia Sinica, said be had 


As 

g.«l 

ith .1 
l of '1 


strongly opposed the plans. 
Mr. Wu revealed details 


Mr. Wu revealed details of his 
role at a party celebrating his 90th 
birthday. (AFP) 


For the Record 


A helicopter In the entourage of 
Queen Szrikit of Thailand crashed 
in the southern province ofNarath- 
iwat, killing 14 of 21 aboard, pro- 
vincial officials said. The seven 
survivors were seriously injured. 
The queen’s helicopter had left be- 
fore the incident Saturday. (AFPl 


A bus carrying more than' its 
60-passenger limit plunged off a 
coakal highway and into the South 
China Sea in southern Vietnam, 
killing at least 30 people and in- 
juring 22, tbe police and official 
media reported. The bus sank Fri- 
day, they said. (AP) 


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EUROPE 


Blair’s Britain: Will It Streamline, or Disunite, the Kingdom? 



" A 1 ®y &-W. Apple Jr. 

V V — | Nc# York Times Service 

Pr 3° a ^ by thernodemkiiig passion of 
e Ton y BWr. Britain has 

c ' a program of constitutional 

a ^-^basiechangemflKsmteture 
onto country and its government —that 
v parallel in this century. 

_flhe question is this: Will it create a 
tl ■ 100115 e ffici®t system, 

n C ~T cr to the people, or will it create 
jnpre layers of bureaucracy and lead to a 
Lhspuited Kingdom of Great Britain and 
. Northern Ireland? 

, British government has been strongly 

centralized since ^ Act of Union of 
1/0(7, more so since Margaret Thatcher 
G . wakened local government a decade 
ag(X But now it is adopting a more 
m federal system. 

at ‘fcoBand voted overwhelmingly 

rjhisj month to create its first Parlia- 
MpeAt since the dawn of the 18th cen- 
— nuj[, with broad authority in many 
areas and the right to set taxes within 


narrow limits. By a much narrower 
margin, Wales voted Thursday to cre- 
ate a less powerful Parliament, its First 
since the 15th century . 

Mr. Blair has promised London its 
first elected mayor ever, if. voters of the 

NEWS ANALYSIS 

city agree in a referendum scheduled for 
May, and he has hinted at establishing 
regional bodies around England to deal 
with local issues. 

Northern Ireland will doubtless be 
given a form of self-government if the 
current negotiations bring an end to the 
long civil war there. 

And, of course, the mosr publicized 
jolt to Britain's sense of nationhood is its 
orgy of speculation about the future erf 
the monarchy since the death of Diana, 
Princess of Wales, in a car accident. 

Critics of the devolution process argue 
dial it will only exacerbate the strains that 
already exist among Britain’s compo- 
nent parts. With assemblies in Scotland 


and Wales, they ask, will English voters 
tolerate continued subsidies for the Scot- 
tish and Welsh economies and over- 
representation for Scotland and Wales in 
the Parliament at Westminster?' 

The Scottish National Party, which 
backed devolution, sees it as a halfway 
house on the road to independence. But 
Mr. Blair’s supporters say his program is 
deeply conservative. By giving Scottish 
and Welsh voters a stronger voice in their 
affairs, his supporters say, he is binding 
them more closely to the nation. 

Under the new dispensation. Scots 
will not confront the anomaly they faced 
under Mrs. Thatcher, when they chose 
mostly Labour members of Parliament 
to represent them in London, only to 
have their voices lost in the roar of Tory 

majorities. 

Scots had shown “the courage and 
confidence to trust themselves," Mr. 
Blair said in arguing that the best gov- 
ernment is one that is closest to the 
people. It is good politics, at least in the 
short term: however tradition-steeped 


the British may be, they share a [feeling 
with many Americans that their insti- 
tutions are creakv and inefficient 

Devolution is nothing new for the 
British. Scotland, England and North- 
ern Ireland compete separately in many 
international sporting events. Scotland 
already has its own legal code and 
school system. 

Before Mrs. Thatcher, local govern- 
ment in Britain was muscular ,;and in- 
novative (and Labour-dominated and 
free-spending, which is why she cut it 
back). 

The nation is bound together By lan- 
guage (though other languages are pre- 
ferred in parts of Britain’s Celtic 
fringe)- a common passport (though it 
has been homogenized with those of the 
rest of the European Union), and a com- 
mon economy. But most of* all it is 

bound together by the monarchy. 

Despite wide criticism of the royal 
family in the wake of Diana’s death — 
39 percent of respondents in a national 
survey said they thought less of it — 


there is tittle supP^ for doin e awa ? 
with the monarchy- 
In that same po»« 73 pwcentaid they 

wanted it to contW- * 

hot popular, but that does not mean that 

he cannot become 
His mother. Qu* OT E v fzabe& ^ 
made concessions n the pritewD, 
such as her agreement , inl992 to pay 
income tax, and her belated decision to 
honor Diana in a. nrnnber of ways. 
Charles’s biggest prebtem is the aging 
palace counters who hajbitiially resist 
change, and in his forthcoming struggle 
with tUm to modernize the monarchy . it 
is now clear Thai he wjU have the un- 
flinching suprort of Mr. Blau as na- 
tional modernizer-in-chief. 

If they succeed, the. sovereign could 
again provide a rallying point for m- 

^ ..ivnninii miirttneS. 3S 


Scotland and England from 1603 to 
1625 before the outbreak of civil war. 

These issues are hoary and conten- 
tious ones in the British Isles. 


tfi the New Age. Communism Provides No Monolith on Property 

1 ® . _ . . . wired hv the United States that may alization » Chinese endta that drives! the 


! By Roger Cohen 

, New York Tints Service 

FiARIS — For Karl Marx, the right 
approach to private property was 
simple: abolish it. 

But from Beijing to Paris, two cities 
where Communists are in government, 
the question of how to deal with prop- 
erty. has become a complicated one, 

_■ i__ i i 


munis t Party, told a large rally in Paris 
that it might be time to accept the prin- 
ciple that some of France’s state-owned 
industries should admit “small minor- 
ity stakes of private capital." 

A wave of booing greeted the sug- 
gestion. 

Privatization remains anathema to 
French Communists even as it is em- 
braced — albeit with semantic obfus- 


iv nas Dccome a somuiiwicu wut, 

tposing the strangely divergent hues of cation — by the Chinese and energei- 

/ T- j. & 3 ° in *11 fnnknPW if With 


r.immunism today. 

^ Announcing the sale of more than 
10,000 Chinese state industries to share- 
holders, President Jiang Zemin this 
month took his country’s Market-Len- 
inism to a new apogee. 

The measures — though dressed in 
offijrial gobbledygook about "public 
ownership" — clearly had nothing to 
do with comm unism as Marx under- 
stood it 

They did, however, have much to do 
with the global market's power to ab- 
sorb 1.2 billion Chinese in the quest to 
get jich and with Lenin’s exploitation of 
Marxism to arrive at something unima- 
gin^d by Marx: the dictatorial concen- 
tration of power. 

For Mr. Jiang, China’s future appears 
to lie in a bizarre marriage of Leninist 
expediency and Silicon Valley worker- 
ownership: Mao meets Microsoft by 
, way of "Deng Xiaoping theory." 

■| Four days after the I5lh Chinese 
Party congress opened with its message 
that state ownership was bunk, Robert 
Hue, the leader or the French Com- 


ically pursued in all frankness, if with 
some fiddling, by the former commu- 
nists of Central and Eastern Europe. 

Communism has come a long way 
since the Manifesto published 149 years 
ago by Marx and Friedrich Engels. 

It no longer poses a threat to capi- 
talism or to America, but it has survived 
gulags, barbaric social engineering and 
the collapse of the Soviet Union. 

In China and a few other parts of the 
world, it retains the aura of theology, as 
the debates this month on how to en- 
shrine the thoughts of Mr. Deng il- 
lustrated. 

En route, however, political com- 
munism, as opposed to academic Marx- 
ism, has shed its original content to 
survive as an extraordinary mishmash, a 
late 20th-century potpourri marked by 
the loss of the very' quality that dis- 
tinguished Marx: the immanent po- 
tency, die singular danger, of ideas 
vividly expressed. 

Marx urged the proletariat to wrest 
“all capital from the bourgeoisie, to 
centralize all instruments of production 


in the hands of the State, Le.. of the 
proletariat organized as the ruling 
class." 

He then postulated that because polit- 
ical power "is merely the organized 
power of one class for oppressing an- 
other." and because the proletariat’s 
victory would sweep away “the con- 
ditions for the existence of class ^ant- 
agonisms and of classes generally.' ' the 
state would wither away and a new 
society emerge. 

Of course, it did not happen. In co un- 


backed by the United States that may 
prolong, rather than condemn, their 
political dictatorship in the post-Cold 
War era. _ 

In the West, by contrast. Communists 
find themselves battling to defend the 
very workers’ rights — social security, 
free medical care, unemployment ben- 
efits and pensions — with which the 
bourgeoisie maneuvered to stave off 
Marx’s predicted revolution. 

"Communism has lost every sort of 
bearing," said Jonathan EyaL director 


Privatization remains anathema to French Co mmunis ts 
even as it is embraced — albeit with semantic 
obfuscation — by the Chinese and energetically pursued, 
if 'with some riddling, in Central and Eastern Europe. 


tries from the Soviet Union to North 
Korea, wherever private property was 
abolished, state ownership rather than 
collective, public ownership took its 
place. 

Far from withering away, the state 
extended its tentacles and the Com- 
munist Party became the vehicle not for 
the proletariat's victory but for the 
transference of power to what Milovan 
Djilas of Yugoslavia scathingly called 
"the new class" of apparatchiks. 

In China, it is those apparatchiks who 
still hold sway today, maneuvering with 
ingenuity along economic tines broadly 


of studies at London's Royal United 
Services Institute. 

“In China, it is essentially a mafia 
offering rising prosperity in exchange 
for political submission. In the West, it 
has given up all talk of seizing the 
commanding heights of the economy in 
exchange for a rearguard action against 
the sweeping advance of market 
forces." _ , . 

Indeed, the campaigns of the people 
who still call themselves Communists in 
China and the West are. in many ways, 
diametrically opposed. In China, it is 
realpolitik and the co-option of glob- 


alization to Chinese ends that dnyes the 
Communist Party- .In Fiance and Italy, 
the defense of what is sometimes called 
“the European model of civilization 
against the pressures of globalization is 
of primary concern. . 

r ‘We absolutely condemn the latest 
Chinese decisions," said Ramon Man- 
tovani, an Italian Communist and mem- 
ber of Parliament. “They illustrate the 
way in which the Chinese have become 
one of toe bulwarks of American-driven 
globalization, the very force ^ that is 
threatening European workers.’ 

Or, put another way, why should a 
multinational pay heavy social-security 
charges for Italian employees when it 
can set up in Cffina and pay almost 
nothing? 

What Marx never predicted was that 
communism woufd take hold in pre- 
industrial societies like Russia and 
China, rather than, Germany or Britain, 
where the processes he described as 
preconditions for communism were far 
advanced. 

By an odd twist, communism became 
a prelude to capitalism rather than the 
force that overthrew it. 

What practice, rather than theory, has 
shown since Mhrx’s death is that com- 
munism has a great deal of trouble re- 
forming itself -t- w 'tness Dubcek. 
Khrushchev and , Mikhail Gorbachev. 
Thus if Mr. Jiang pulls off China's new 
lurch, it will amount to a first, if the 
result can still credibly be called com- 
munism. 


Was Safety System 

Off Before Crash t 

£ 

nark operators said Smg 

SmaftT to, the «wW “f 

which op- 

I 

or deny newspaper | 

system, known u® the A 
Wanting System, was swiichedoff 
because 8 Gretd Western, the J rain 
operator, and. Rail*®* cons "^ 
it unreliable. ’ 

ETA Backers Riot 

In Basque Town 

MADRID — Three Basque po- 
licemen were hurt Sunday when 30 

hooded sympathizers of the Basque 

group ETA stormed .through toe 
town of Ortlizia, breaking windows 

and hurting gasoline bombs, oi 

ficials said. , .. upra i 

The youths attacked several 
banks and financial institutions 
with incendiary devices, and the 
policemen were injured as scuffles 
broke out sporadically through the 
night Local politicians condemned 
the violence. 

“These terrorist acts are not go- 
ing to modify the attitude of the 


Berlin Parliament 
Opened to Public 

BERLIN — Thousands of curi- 
ous onlookers caught their First 
glimpse Sunday of Germany's past 
and future Parliament building, the 
Reichstag, which is under recon- 
struction. 

Authorities in Berlin opened the 
doors to the public for the first time 
and allowed in about 100,000 vis- 
itors to see the building that is to 
house the lower house of Ger- 
many’s Parliament starting in 
1999. { Reuters .1 




THM 

Award for 

punctuality 


cTfcFF WHITER l W 

was re«ndy Award l 

-International .j, and landings 1 

tor on-tinw Airport. 

Han Snorts. ^ award 

Airport. P r f m a _ nua l New 
THAI by Sbhipol 

gathering org3 ^^t THM ** ' 

stfsWsssss 

. -t .he year- 


Ml' Or®****? 
Sratotnlof 




STAR ALLIANCE 


At Thai, our goal Is to taka off on time all the time. Ifs nice to know our efforts are being noticed. Thai. Smooth as silk. ^Thai 


S*. • 


JrfUlltJ 9 





PAGE 6 


rvrERNATlONAL HKRAJ.P TRIBUNE, M OSPAY, SEPTEMBtiKS;. 1^ 

international 


Catholic Apology to Jews of France 

Church to Voice Sorrou,for ‘Site**’ During War Deportations 

-j i a archbishop ol 


By Barry James 

International HeniU Tribune 


PARIS — The Roman Catholic 
Church in France will issue an unprece- 
dented statement* this month apologizing 
for its “silence” during ^persecution 
and deportation o*f Jews in World War II, 

a church official said Sunday. 

The statement will mark the 57th 
anniversary of the first of a senes of 
anti-Semitic laws passed by the French 
wartime Vichy regime headed by Mar- 
shal Philippe Petain. '■ 

It also will coincide: with the opening 
of the trial next month of Maunce Pa- 
pon, the only senior Vichy official to go 
before a court since rhe purges imme- 
diately after the war. 

Official documents! show that Mr. 
Papon 87, who is accused of crimes 
against humanity, rounded up nearly 
1 ,600 Jewish men, women and children 
in Bordeaux and dispatched them to a 
transit camp at Drancy near Paris from 
where they were deported to death 
camps in Nazi Germany. After the war 
he had a successful career, becoming 
chief of police in Paris and Budget Min- 
ister until the allegations about his war- 
time role surfaced in 1980. 

The Reverend Jean Dujardin, sec- 
retary of the French Episcopal Com- 


minee for Relations 

in an inieiview SifflWiSP* 

ment to he issued SeP^O would deal 

with --the question 

church and its pasted i*™ 1 ? "T" 
1942" when the le g sla “^ 

s-sas , 5 '^s , 'S» 

by the bishop of Saint- 1 ^ 15 ’ Obvier de 
Beiranger, during a ce^jny me " 
S3 to Jewish victim? tt the Drancy 
camp. The memorial iodpto one of the 
railway wagons used to transport the 

victims to the death . 

About 76,000 Jews Were deported 
from France to Germany} most of them 
died in the concentraup 0 ) c ?j n PS- 
Although the church “nbally acqui- 
esced to V ichy’s ann-^i^meastu^ 
and some of its leaded hailed Marsted 
Petain as the savior of France, a reaction 
set in after the massive roundup of Jews 
by French police in Pans on July 16, 
1942. Some bishops, including Jules 
Salieges of Toulouse and Cardinal 
Pierre Gerber of Lyons, expressed open 
opposition to the Vichy regime. 

After the war, 100 pn<*ts in their 
prison clothes celebrated Mass in Pans 
for concentration camp yictnns and 
their famili es. But Gen era ^ Charles de 


Gaulle refused to meet the archbishop of 
Paris, Cardinal Emmanuel Suhard, and 
pleaded with Pope Pius XII to remove 
his nuncio to Paris, Valeno Valeri, on 
the grounds that both men had col- 
laborated with tbe Nazis- 
Father Valeri was soon replaced, 
however, by Angelo RoncaUi. the future 
Pope John XXm, who soughttoheal the 
deep divisions in the church. 

Father Dujardin said the statement at 
Drancy was in response to a call from 
Pope John Paul H for Catholics to 
“purify their memory” in preparation 
for the jubilee celebrations marking the 
second millennium. The Pope has ex- 
pressed die church's official remorse 
over its- treatment of Jews, Protestants 
and some of those it has persecuted in 

the past, such as Galileo. 

The Vatican is working on a doc- 
ument about the church’s overall role 

during World War n. ^ , 

Although many of France s wartime 

secrets are still locked up under a 60-year 
gag rale for official documents, the 
country has come to a more mature un- 
derstanding of the Vichy years thanks to 
a growing body of historical research. 

The late archbishop of Lyons, Cardinal 
Albert Decourtray, invited a team of his- 
torians to investigate the circumstances 

_ d « - * — — AnlMTV^ratAr 



Milosevic Protege Is Favored 
For Presidency as Serbs Vote 


— Plu^lxiin/nKAwrtiwSPio* 

Pope John Paul O detiveringhis 
message to the faithful Sunday from 
his summer residence near Rome. 

Paul Touvier, had enjoyed church pro- 
tection for decades. Mr. Touvier. who 
was sentenced to life imprisonment m 
1 994 for authorizing the murder of seven 
Jews, died in prison in 1996. 

After a meeting of reconciliation be- 
tween Catholics and Jews in France .0 
years ago, ihe church has set up a num- 
ber of committees and organizations to 
imnmvp. Lis relations with the country s 


The Associated Press 

BELGRADE — Serbs cast ballots 
Sunday in general elections boycotted 
by many voters, who are opposed to 
Slobodan Milosevic's decade of auto- 
cratic rale and fed up with hardship. 

Mr. Milosevic, constitutionally barred 
from serving a third term as Serbian 

presideat, was not on the presidential and 

parliamentary ballot But be influenced 
— and will likely win — everything- 

Opponents of Mr. Milosevic said the 
vote was so heavily weighted in favor or 
die ruling Socialists — the former Com- 
munists — that it was a farce, and they 
called on Serbs to boycott the elections. 

Voting started as scheduled at 7 A.M. 
Sunday. Election officials estimated the 
turnout at 25 percent six hours after the 
polls opened, while the independent B 9* 
radio said only 10 percent nad voted. 

It was unlikely, however, that the 
boycott would be joined by 5 1 portent 
of the .7 million eligible voters. If it 
were, the vote would be invalid. _ ? 

More likely was that Mr. Milosevic s 
coalition of the Socialists and a leftist 
party headed by his wife, Mir] ana 
Markovic, would dominate the 250-seat 
Parliament. His protegd, Zoran Lilic, 
was likely to be elected president 

That would complete a deft job swap 
that Mr. Milosevic engineered. The 
Yugoslav Parliament elected him in Ju- 


i 



ly as president of Yugoslavia, 
ing ofSerbia and Montenegro. Thatj* 
had been held by Mr. Utic. 

Mr. Milosevic cast his ballot Sunday 
in the affluent Dedinje district of 
grade with his wife and son, Maria* - 

“Serbia needs to maintain its peace 
and stability, to continue on the road ^ 
recovery and economic development^ 
maintain the course of reforms,” a cun. 
fident-looking Mr. Milosevic sa&^| 
hope these elections will confirm this.’’ ■ 

The elections also were expected tj 
seal the demise of. the opposition co. 
alition that won municipal elections las 
year in Belgrade and 13 other cities 
large towns across Serbia. 

Mr. Milosevic annulled the results, 
setting off three months of protests. 
Those demonstrations and international 
pressure forced him to install the - 
position locaT governments. But a,— 
sition leaders coalition split over whe*' 
er to take part in the elections. Boycott 
supporters said there were no guaran- 
tees the elections would not be rigged. 

The mayor, of Belgrade, Zraan 
Diindjic, leader of the DemocrancParty, 

hi spearheaded the boycott call Yak 
Draskovic, his former coalition any, was 
running for the presidency. Neither Mr. 
Draskovic nor another opposition tig. 

ure, the ultranationalist Vojislav Sesei], 

were given a chance of winning. 



- S 


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Russian Gesture 
ToU.S.onlran i 

A Vigil on Atomic Plant Suggested 


By Joseph Fitchett 

International Herald Tribune 

Moscow was reported Sun- 
day to be inviting the United 
States to join in monitoring 
the operations at a Russian- 
built nuclear power plant in 
Iran. 

Washington fears that the 
plant could be used to make 
nuclear weapons. 

The Russian gesture was 
disclosed just hours before 
the scheduled arrival of Vice 
President A1 Gore in Moscow 
for talks likely to be dom- 
inated by U.S. demands that 
President Boris Yeltsin dis- 
cover — and stop — any tech- 
nology flowing from Russia 
to Iran that could enable 
Tehran to produce nuclear- 
tipped ballistic missiles. 

It has become a major issue 
in U.S.-Russian ties in recent 
weeks as Israel stepped up 
charges that Russia was 
secretly providing materials 
and scientists to help Iran de- 
velop weapons capable of 
reaching targets anywhere in 
tbe Mideast, including Israel. 

Israeli officials said Sun- 
day that such a missile — the 
so-called Shahab 3 — was 
being readied for deployment 
late next year with the help of 
Russian scientists. Then Iran 
could dispense with help 
from Moscow while building 
a Shahab 4 capable of reach- 
ing Europe and western 
China, according to Israeli of- 
ficials who declined to be 
identified. 

Congress has demanded 
that the Clinton administra- 
tion investigate the reports 
and take action to ensure that 
fissile materials and missile 
know-how are not being ex- 
ported with the knowledge of 
the Russian authorities. 

Russian failure to demon- 
strate cooperation on this is- 
sue will threaten U.S. help, 
starting with space coopera- 
tion. according to a Clinton 
aide. 

U.S. officials recently 
toured the Middle East and 
Europe urging help to expose 
Russian-lranian military 
deals. 

Apparently in response to 
Western alarm, the Russian 
atomic energy minister, Vikt- 
or Mikhailov, was quoted 


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Sunday saying that Moscow 
was strictly adhering to inter- 
national guidelines about ex- 
porting nuclear technology.. 

A prime example of weak 
points in international con- 
trols is a reactor at Boshehr, in 
southern Iran near the Gulf 
that is being built by Russian 
companies. The first unit of 
the plant could be ready to 
enter service late this year, 
reports say, and Moscow has 
rejected U.S. pleas that it 
abandon the project. 

In a bid to ease U.S. con- 
cerns, Mr. Miklhailov on 
Sunday reportedly propose 
* ‘to the American side that we 
should woik out a joint sys- 
tem of controlling the plant, 
to eliminate any doubt that 
there could be anything else 
happening there other than 
the changing of nuclear foe! 
and the use of die reactors.” 

According to the Itar-Tass . 
news agency, he made the of- j 
fer to the U.S. energy sec- 
retary, Frederico Pena, cur- 
rently in Moscow for talks, 
but there was no immediate 
confirmation from Mr. Pena 
or from Washington. 

Nor was it clear how such 
joint monitoring might work 
in practice since Iran would 
probably oppose any U.S. 
presence at the reactor site. 
But a French specialist said 
that U.S. inspectors could 
probably get access to Rus- 
sian shipments, allowing 
them to record the size of de- 
liveries and check them 
against spent materials huff- 
ing the reactor. "■ 

Such an “offshore" sys- 
tem might reassure Washing- 
ton that fissile materials were 
not being diverted to make 
nuclear bombs, he said. 

If the broader Israeli alle- 
gations were substantiated, 
officials said, the Clinton ad- 
ministration would be forced 
to cut U.S. assistance to Rus- 
sia, probably starting. with 
space-flight cooperation. 

Many U.S. and European, 
officials said that they' , 
doubted that Mr. Yeltsin 1 • 
would knowingly approve; 
trade liable to contribute to 
the development of - 

weapons under the contrc-.jof 
neighboring Iran, a country 
that could potentially threaten 
Russia, too. 


i -- 



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INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, SEPTEMBER 24*1997 
INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22. 1997 


T v — , INTERNATIONAL HERALD TRIBl 

= 

^ Moi Divides the Kenyan Opposition 

1 ^ \ Package of Reform Proposals Calms Critics and Ends Protests 


PAGET 


INTERNATIONAL 


<ia 


l By Stephen Buckley 

" V^'u-thuui.-in !‘us! Srn-it f 

• - NAIROBI — A feu* weeks ago. the 
' ■ ;'£oyemmenr of President Daniel arap 

' : . A* 0 / , was staggering from a series of 
■ ^political protests that had brought in- 
ternational criticism cascading down 

• -^ J pon him and his regime. 

i Now, days after a group of ruling 
.party and opposition politicians drafted 
■ ' . a package of legal reforms, Mr. Moi and 
- his Kenya African National Union, or 
KANU, appear to have calmed critics 
. ■ L and strengthened their position for this 
. • . year's presidential election. 

... Mr. Moi’s government, which al- 
lowed multiparty politics for the first 
l ' me in 1993, has been under increasing 

• ’ . ; pressure this year to enact further legal 

. .and constitutional reforms. The govern - 

• • . . ro^nt agreed this month to repeal or 
, .amend 12 laws affecting a range of is- 
sues. from the makeup of the country's 
.electoral commission to the registering 
uf political parties. 

• Critics of the package of proposals say 
* ! ifney will not make for a fairer pres- 

. idenriaJ election this year and do not 
.begin to carve into the president's wide 
constitutional powers. But the package 
of proposed reforms had such an effect 
■ ~on the public that the National Con- 


i' 3 


— 

f j J r Israeli Troops Arrest 

. ^ Palestinian Suspects 


venrion Executive Committee, or 
NCEC. wluch h.»s spearheaded the 
demonstrations, caneeled protests it had 
scheduled for last week. 

We could not justify the protests." 
said Gibson Kamau Kuna. a detractor of 
the proposals, uiihout explaining the 
committee s view ..j ,h e proposed re- 
forms. He added. “ There was too much 
confusion about what had really 
happened." 

Some politicians. Imwcvcr. admit that 
what happened is that Mr. Moi shattered 
the fragile unity that his opponents had 
forged a few months earlier, led by the 
committee, a collect inn of human rights 
activists, clergy and others. 

The opposition had been prodding the 
government, through mass protests, to 
make constitutional and legal reforms 
before this year’s election, which has not 
yet been schedule,). It will be the East 
■African country's >trcond presidential 
election since 1993. 

Paul Muite. an opposition member of 
Parliament and long one of Mr. Moi's 
most vociferous critics, said last week 
that “the government has pulled off, 1 
concede, a major public relations ex- 
ercise as far as the donor community and 
the Kenyan public .ire concerned." 

' 'The government had to do 
something." the politician added. “Un- 


fortunately. they have succeeded in 
splitting the opposition. Moi saw that 
NCEC was a forum that brought the 
opposition together." 

Mr. Muite had especially bitter words 
for Mwai Kibaki. leader of Kenya's 
Democratic Parry, which had several 
members of Parliament participating in 
the negotiations that produced the gov- 
ernment’s reform package. 

Mr. Muite called Mr. Kibaki ' ‘naive’* 
and said the Democratic Party chair- 
man's positive interpretation of the ne- 
gotiations and the reforms was "a very 
foolish way to look at the process." 

Mr. Kibaki, who at first said that 
critics of the reform package were "in- 
sincere," took a more conciliatory tone 
as the week progressed. The opposition 
"has not been split," he said. "The fact 
that we disagree on what has been 
achieved, and have different interpre- 
tations. is not a split." 

And he insisted that the government 
had suffered a public relations setback. 
"A month ago." he said. "KANU was 
saying these laws would be amended 
after the election. They have come to 
accept something they did not agree to 
do one month ago." 

He added: "People are looking at this 
upside down. " 

Mr. Kibaki. a candidate for president. 




The .Vr,i*.-uicil Prts. 


PORT CALL — The nuclear-powered L\S. carrier Nimhz, bound for the Gulf, entering port Sunday in 
Yokosuka for a three-day stopover. Protests greeted the visit, the third in a month to Japan by a U.S. carrier. 


said that detractors of the reform pack- 
age had forgotten that the opposition was 
pushing for minimal changes before the 
election. He contends that is exactly 
what the opposition got. 

The next stage is that the reform pro- 


posals will be fashioned into bills. But 
some political analysts worry that the 
language of the proposals is too murky to 
lead to measures that will actually bring 
meaningful change. 

"There’s a lot. at first blush, in the 


reforms, but there’s a certain amount of 
ambiguity in the language." a Western 
diplomat said. "The key questions are. 
How will the attorney general draft the 
bills? How will the govemraem imple- 
ment them?" 


I '.vpJij M Okr SupFna'i A ipm. tin 

NABLUS. West Bardc — The Israeli Army rounded up 
dozens of Palestinians in a predawn operation Sunday 
againsi suspected Islamic militants in the northern Wesi 
Bank, a spokesman said. 

Palestinian sources said that as pan of the operation, 
hundreds of soldiers sealed off the West Bank town of 
Asira Shamaiiya. which is home ro five members of the 
militant Islamic group Hamas wanted in connection with 
suicide bombings in Israel. 

"The operation was conducted as part of activities to 
deter and prevent terror,” an Israeli army spokesman 
. said. 

The army imposed a curfew on Asira Shamaiiya. near 
Nablus, and for several hours carried out house-to-house 
searches, arresting a number of young men. residents 
said. They said several hundred Israeli troops and in- 
telligence agents sealed off the town of 12.000 in the 
middle of the night. 

"I was awakened at three in the morning by a loud- 
speaker announcing a curfew in the town until further 
notice." said Assad Sawalma, mayor of Asira 
Shamaiiya. 

* ‘From my home I conld see dozens of heavily armed | 
soldiers patrolling through the town, taking young men 
away, blindfolded and handcuffed,” he added. 

Palestinian newspapers reported that Israel was hum- 
. ing for the five Hamas militants in the wake of the suicide 
bombings in Jerusalem on July 30 and Sep:. 4. . 

The Israeli defense minister. Yitzhak Mordechai. said 
last week that he was convinced that those behind the 
attacks were Palestinians from the West Bank, but the 
Israeli police have obtained a court order banning pub- 
lication of any details involving the investigation. 

According to the police, the crackdown led to the arrest 
last week of members of one Hamas cell that bad been 
planning to bomb a Jerusalem mall and kidnap the city’s 
mayor. Ebud Olmert. (AFP, Reuters) 


BRIEFLY 


it ', 2 Egyptians Face Military Trial 

, - CAIRO — President Hosni Mubarak has ordered mil- 

T itary prosecutors to investigate the case against two men 
<■': — Saber Abu Ulla and his brother, Mahmoud — who 

-2 ::-i attacked a tour bus outside the Egyptian Museum last 
‘ i. • week, killing nine Germans and an Egyptian driver. 

. > x ■' The move, announced oyer the weekend, would mean 

that the suspects could face trial before a security or 
military court, as have scores of suspected Islamic ex- 
cremists. 

■ i Verdicts from military trials can only be appealed to the 

L'j ' president, who has turned down all pleas. (AP) 

\ Nigerians Block a 2d Party 

J:/;- 1 LAGOS — The Nigerian police stopped opposition 
: supporters from holding a birthday party for a detained 
; , r human-rights campaigner on Sunday, witnesses said. 

"The policemen said they had orders from above to 
stop the 62d birthday party being organized for my 
V* 5 . uncle." said Gbenga Fasehun, nephew of Frederick Fase- 
1 :j hun, chairman of the Campaign for Democracy pressure 
T iTti- group. 

Dr. Fasehun, a physician, has been held since Decem- 
ber in connection with a spate of bomb blasts. On 
Thursday, Nigerians broke up a party for the U.S. am- 

bassador, Walter Carrington, who is leaving. (Reuters) 

^ Hantavirus Kills 13 in Chile 

. ' SANTIAGO — An outbreak of hantavirus, which 

: ! .'H( 1 causes pneumonia and high fever, has lolled 13 people 

. ' and sent dozens more to hospitals in Chile in recent 

V months, and health officials fear the virus is spreading to 

; - N • other countries in the region. . . 

■ After five new cases of hantavirus infection were 

reported in the far north and south of Chile early 
month, the government announced a national heal h 
emergency, including measures intended to amniddw 
spread of the virus. Hantavirus, which is usually trans- 
T mined by field rodents or their droppmgs, causes pneu- 
monia, respiratory distress and high fever and can kiil 

patient quickly. ■ '■ 


- u-«nf 


Mexican Drug World Insights 

MEXICO CITY — Six months before his reported 

i death ‘in July, a billionaire Mexican drug trafficker. 

I Amado CarnJIo Fuentes, sent his top 1,eu en J" n fr “m 
j goriate with the Mexican Amy to 

j prosecution. *e country s *s|ra«d 

! • chier. General Jesus Gutierrez ReboUo. has testiiie^. 

: General Gutieirez is on trial on and mher ch |_ 

1 * His testimony and documents that have 

1 weeks nffer new details about the last days of one 

| world* leading drug traffickers. They 
,! S Carrillo was trying 10 lessen Jus role and mate “c 
t ' mnm - payoffs to buy peace- for his family- Mexican ^ 

not accept the offer. ‘ 




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MONDAY, SEPTEMBER 22, 1997 



PAGE 8 


EDITORIALS /OPINION 


Herali* 


INTERNATIONAL 



tribune. 


pt BI ISIIKD WITH Tilt- NHW TURK TIHlW* 


* Nn tiik *aM«wsto* n»ST 


Crunch Time for Reform 


For months, the drive to dean up the- 
American campaign Finance system 
has seemed frozen. Especially insult- 
ing has been the cynical argument n»m 
politicians who trade access for dona- 
tions that Americans do not cam about 
reform. But the two leading 
on Capitol Hill, Senators John McCam 
of Arizona and Russell Femgold of 
Wisconsin, believe the cymes are 
wrong, and they seem to be having 
some success with a strategy of forcing 
the Republican leadership to allow a 
vote on a slimmed-down version of 
their campaign-finance bill- 

It would focus on banning the most 
serious abuses, particularly huge 
open-ended campaign contributions 
by rich individuals, corporations and 

labor unions. , _ . ... 

Senators McCain and Femgold be- 
lieve thev have the public backing to 
play lough with Trent Lott. They 
threatened to use parliamentary rules 
to attach their measure to other crucial 
bills next month and hold up the pro- 
ceedings in order to get a vote. T“ e 
pressure seems to be working. On Fri- 
day. Mr. Loti, the Senate majority lead- 
er. promised to bring the McCain- Fe in- 
sold bill to the floor before the end of 
the current session. Democratic leaders 
denounced his offer as inadequate be- 
cause it did not set a specific date, but it 
now appears more certain that cam- 
paign finance reform will at least make 
it to the Senate floor this fall. 

This is a crucial moment for Senate 
Republicans, who have quite properly 
hammered President Bill Clinton and 
the Democrats over campaign abuses. 
Only three Republicans have joined the 
45 Democrats in the Senate in favor of 
the McCain-FeingoId bill. More are 
needed not simply to pass the bill but to 
thwart a promised filibuster by foes of 
reform. 

For years. Republicans have op- 
posed campaign finance reform be- 
cause of provisions that limit campaign 
spending. But now mandatory spend- 
ing limits have been removed from the 
legislation, which concentrates instead 
on ending abuses on the contribution 
side. Specifically, the bill would ban 
the big donations that both parties rely 
on. For all their shock over disclosures 
of buying access at the White House, in 
other words. Republicans must now- 
face the fact that their party has been 
guilty of similar excesses. 


Another pretext for opposing .reform 
was removed last week by Senator 
Fred Thompson of Tennessee, chair- 
man of the committee that has drawn 
attention to shoddy practices under ^ex- 
isting law. Mr. Thompson and Senator 
JohnGlenn of Ohio announced Friday 
that they would accelerate the hearings 
and Finish the bulk of their work soon. 
That welcome step is sure to anger 
some Republicans who would rather 
embarrass Democrats than change 
system. The tactic deprives Mr. Lott ot 
the excuse that the hearings must end 
before the Senate can vote. 

The first thing Mr. Thompson s pan- 
el plans to turn to now is the activities ot 
ihe supposedly independent groups that 

ran TV ad campaigns last year. That 
makes sense, because banning open- 
ended contributions to political parties 
and candidates will do no good if donois 
simply turn around and give money to 
these pan is an groups. The 
Femgold bill addresses the problem by 
setting limits on contributions to any 
croup that uses the money for ads mat 
mention the name of a candidate w itlun 
60 days of an election. 

Besides new disclosure require- 
ments. there is one other crucial pro- 
vision to this bill to watch as the debate 
proceeds. Right now, it would permit 
any worker who is not a member of a 
union but must pay union dues as a 
condition of employment to get a re- 
fund of any portion of the money that 
has gone to political purposes. Demo- 
crats have reluctantly gone along be- 
cause this feature codifies an employee 
right that the Supreme Court has up- 
held. Some Republicans, led by Sen- 
ator Don N'ickies of Oklahoma, want to 
expand that provision to allow any 
union member to demand such a re- 
fund That step is adamantly opposed 
by Democrats and organized labor. 
Any Republican attempt to attach the 
Mickies plan to the McCain-Feingold 
bill should be viewed for what it is: a 
poison pill designed to kill reform. 

The Thompson committee and sup- 
porters of the McCain-Feingold bill 
have built the greatest demand for re- 
form since Watergate. But there are 
legislators in both parties who want to 
preserve a system that makes money 
more important than the public will. In 
the next few days, Americans need to 
be watching and taking names. 

— THE SEW YORK TIMES 


Change in China 


Add the World Bank's report thai 
China grew by four times in the last 20 
years to the bank’s qualified prediction 
that China could grow by seven times in 
the next 20 years. This astonishing re- 
cord of past growth was the basis of the 
political victory that an ebullient Pres- 
ident J iang Zemin claimed at last week's 
Communist Party’ congress in Beijing. 
The prospect of even more dazzling 
future growth is what he embraced as 
the country's continuing goal. Only 
South Korea and Taiwan, both much 
smaller, have grown faster longer. 

Mr. Jiang delivered ritual homage to 
his party 's Marxist inheritance. The 
policies he actually embraced, however, 
go well beyond the market reforms 
identified with the late Deng Xiaoping 
and bear the stamp of capitalism at its 
rawest. In the name of “socialist mod- 
ernization," Mr. Jiang promises to open 
up io survival-of-the-fittest private 
ownership the greatest number, though 
noi the 500 largest, of the existing state- 
owned enterprises. The resulting "staff 
downsizing" could throw 25 million 
more workers upon the thinnest of of- 
ficial safety nets so far strung by the 
state for housing, health and pensions. 
The potential social turbulence in- 
volved in thus increasing China’s per- 
haps 50 million current "floating" pop- 
ulation is the second most destabilizing 
aspect of the proposed change. 

The first lies in the political sphere. 
Party General Secretary Jiang rose to the 
top by committing himself not just to the 
government's program of economic lib- 
eralization but to the army' s slaughter of 
democracy demonstrators at Tianan- 
men Square in 1989. That brings him 
something more than credit for China’s 
signal achievement in lifting an esti- 
mated 200 million people from poverty. 
It also brings him his considerable share 
of the responsibility for keeping in place 
a totalitarian political system. This sys- 
tem still practices cruelties, limits 
democratic experimentation to the vil- 
lage level and pursues the rule of law 
omy to the point where it starts to touch 
upon official party arbitrariness. No one 


can say whether the resulting pressures 
will find one or another kind of ex- 
pression or be contained 
The parry congress consolidating 
Mr. Jiang’s power and renewing 
China's dedication to growth sends 
him off to Washington next month for 
the first Sino-U.S. summit meeting in 
eight years. He will likely be in a 
confident and assertive mood but pre- 
sumably will see China's hardheaded 
national reason for cooperating with 
the United States in global economic 
and political affairs. In the litmus area 
of nuclear weapons-related exports to 
Pakistan and Iran. China is reported to 
be retrenching. Close inspection will 
be required to determine if Beijing is 
yet faithful to its international non- 
proliferation obligations. It will be on 
tough issues like this one that China 
shows whether in its reach for world 
greatness it is ready to respect the most 
important international rules. 

— THE WASHINGTON POST 


Other Comment 

Rumbustious Senator 

Few targets are more inviting in 
American politics than Jesse Helms, 
now in his fifth rumbustious term as a 
Republican senator from North Car- 
olina. Mr. Helms, a model of old South- 
ern courtesy who will always hold a 
door for a lady, is also the most brutal 
curmudgeon in Congress: knowing 
what he thinks, not backward in saying 
it and uncaring of the wounded bodies 
he leaves behind him. The casualties he 
has caused include relations with 
Europe and Canada, soured by the egre- 
gious Helms-Burton restrictions on 
trading with Cuba; foreign aid, which he 
sees as water down a drain; relations 
with the UN, to which he sees no point at 
all, and now the hopes of William Weld, 
the former governor of Massachusetts, 
to become ambassador to Mexico. 

— The Economist ( London l. 


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Making a Case for Adapting to Climate Change 

O «/ X . . . . _ - n of reducing their rates q* economic 

— _ _ - f _ J ^ ^ • .L^FMnhnnal nniuar' 


TIT ASHINGTON — We are coming 
yy into a c rucial phase of a foreign- 
policy issue — global wanning — that 
is suffused with scientific substance that 
few of us can claim to be on top of. At 
Kyoto in December, a major interna- 
tional meeting will undertake to ne- 
gotiate a treaty reducing greenhouse gas 
emissions. How is a ciman or politician 
or bureanoat to address the sort of ques- 
tion that is definitely within our interest 
but in some measure beyond our keo? 

A few of us will gear up to earn our 
own place in the circle of the informed, 
as has Vice President Al Gore, for one. 
But many more of us, I would guess, 
will cast about and pick a favorite guiu 
or take sides on the basis of our political 
predilections or simply make a most 
unscientific policy choice of what 
seems prudent and reasonable. 

I am impressed by the soberness of 
Brian Tucker, an Australian and past 
president of the International Associ- 
ation of Meteorology and Atmospheric 
Science, writing in The National In- 
terest magazine under the title of “Sci- 
ence Friction: The Politics of Global 
Warming.” 

His purpose is to extricate the issue 
from the several years of ever hotter 
international environmental culture 
wars between activist “Cassandras 


By Stephen S. Rosenfeld 


and conservative Pollyannas both try- 
ing to marshal the authority of science 
as justification for their views.” He 
takes up a center position — perhaps 
more or a center-right position — that 
leaves him independent of the positions 
to either side. 

In the Tucker view, most of the sci- 
entific theory about greenhouse gas 
emissions is well-founded, but still the 
theory does not support the conclusion 
of the more alarmist environmentalists 
that calamitous effects from global 
warming are coming upon us. What is 
more likely coming, he thinks, is 
something hard even for scientists to 
pin down but in any event more mod- 
erate and gradual. From there he moves 
to the public-policy judgment that the 
dangers can best be met by careful 
incremental preparation and not by 
drastic response, which the publics of 
rich and poor countries alike would 
probably spurn anyway. 

The issue is sure to be sharpened at 
Kyoto. By earlier conferences, tne coun- 
tries of tire world committed themselves 
to a degree of reductions in greenhouse 
emissions, particularly carbon dioxide, 
that many people now acknowledge as 


beyond practical attainment. Neither in ^ ±ejI nationa i power: 

rich nor in poor countries is there virtue » countries' refusal 

political support to pay the cods sWincsc themselves is seen 

inductions Yet the politics of the issue, to accept unu — 

with many publics operating off a base 
of high anxiety, have made it difficult to 
tailor a more modest, realistic and at- 


tainable program. 

The reductions standard was set in 
die Framework Convention on Climate 
Change, which was negotiated at the 
1992 Earth Summit at Rio de Janeiro. 
This work was done in the belief that 
the emissions that may cause global 
wanning stem largely from meeting me 
energy and food requirements of a 
growing world population. 

That poses its own problem. Many of 
the political activists who are con- 
cerned about environmental damage 
fgiwri by industrialization, as Mr. 
Tucker observes, areequally concerned 
about global poverty and equally adam- 
ant against generating electricity from 
(emission-free) nuclear power. 

Not only may political tensions get 
tighter at home. Another surge of in- 
ternational class warfare may also he 
"Efforts by tire industrialized 
powers to impose greenhouse gas 
>»mi«inn limits on developing coun- 
tries are seen by ihe governments of 
those countries as an alternative means 


by the developed countries as cynical 

and self-serving.” ^ 

. This is why Mr. Tucker believes it 
makes more economic and moral sense 
to adapt to climate change — with the 

realistic likes of dikes toprevem coastal, 
flooding, relocation of vulnerable hab- 
itats and acceleration of measures to 
replace fossil fuel burning — ‘‘wan u 
does to drive world GNP backwards 
several percentage points per year for 
half a century or more” in pursuit of 
illusory emission-reduction goals. 

Mr. 'Dicker ends up warning that 
unless the Kyoto summit meeting 
proceeds realistically, ‘‘j 1 **5,,*** 
dreadful affair that will needlessly 
worsen political tensions between 
rich and poor, mislead millions of sci- 
entific innocents, and misdirect gov- 
ernment policies that must deal, 
with the less severe but still real chal- 
lenge before us.” 

The prospects of a working con- 
sensus seem forbidding but not un- 
imaginable. The culture wars, the pofil- 
ical wars, the economic wars promise 
much excitement along the way. 

The Washington Post. 


r 


V- 


< 


Third World AIDS Treatment and a Textbook Ethics Problem 


W ASHINGTON — Preg- 
nant HTV -infected wom- 
en in Third World commies are 
passing the disease along to 
their offspring at an alarming 
rate — as many as a thousand a 
day. High doses of toe drug 
AZT have been shown to be 
effective in halting the trans- 
mission, and, in fact, that is tire 
standard treatment in the United 
States. 

But AZT is expensive — 
about $1,000 per patient for the 
full regimen; or 100 times the 
per capita cost for all health care 
in some countries. What if some 
less costly intervention — say 
half the standard AZT dosage 
— turned out to be effective? 

That was precisely the ques- 
tion sponsors of some 16 Third 
World projects — a few in Asia 
but most of them in Africa — 
proposed to answer. 

They would give one group 
of women toe full dosage of 
AZT and a second group only 
half. And to make their findings 
utterly reliable, they would give 
a third group only a placebo. 

With any luck at all, the result 
would be to bring affordable 
treatment to areas where vir- 
tually none exists now, saving 


By William Raspberry 


lives, avoiding misery and mak- 
ing the world a better place. So 
what’s the problem? 

It’s a problem that might have 
been concocted by an ethics pro- 
fessor, so I thought I'd put it to a 
couple: Arthur Caplan, director 
of toe Center for Bioethics at the 
University of Pennsylvania, and 
Elizabeth Kiss, director of the 
Kenan Ethics Program at Duke 
University. 

Both had seen toe editorial in 
The New England Journal of 
Medicine in which the journal’s 
executive editor. Marcia AngeU, 
blasted toe studies as reminis- 
cent of toe notorious Tuskegee 
syphilis experiment Bui both 
thought tiie experiments might 
be ethical if they dropped the 
use of placebos — giving worth- 
less “treatment” to some pa- 
tients, not to help the patients 
but to tighten the science. 

Dr. Angell’s concern was 
that researchers might be temp- 
ted to subordinate the interests 
of their subjects to the interests 
of science. It is a particularly 
strong temptation, she said, 
when "the research question is 
extremely important and the an- 


swer would probably improve 
tire care of future patients sub- 
stantially.” 

But what of her notion that an 
“essential condition for a ran- 
domized clinical trial compar- 
ing two treatments far a disease 
is that there be no good reason 
for rh inking one is better than 
the other”? 

Sorely the investigators and 
their sponsors have reason to 
believe the full regimen of AZTT 
is better than a half-dosage. 
After all, nine of the studies are 
funded either by tire National 
Institutes of Health or the Cen- 
ters for Disease Control and 
Prevention, both in tire United 
States, where the foil regimen is 
the norm. Certainly there is no 
reason to suppose that a half- 
dosage is superior. The only 
question is whether a half- 
dosage might work and, 
thereby, make it possible to treat 
more Third World patients. 

Dr. Caplan and Dr. Kiss (pro- 
nounced "quiche”) titink it’s a 
close call but would counten- 
ance experiments to determine 
what lower dosage might still 
be effective. “The unarguable 


point is that it is totally un- 
ethical to withhold a know ^ef- 
fective treatment,” Dr. Kiss 
said. 

Dr. Caplan found Dr. An- 
gel! 's reference to Tuskegee un- 
fortunate. That scandalous ex- 
periment (no matter how 
innocently it might have start- 
ed) ended by withholding peni- 
cillin from patients long after its 

The projects were 
likened to the 
infamous Tuskegee 
experiment 

effectiveness was discovered, 
all in the interest of seeing what 
would happen as the untreated 
disease ran its course. 

“That was clearly in the in- 
excusable zone, because it 
didn’t have the interest of tire 
subjects at heart,” he said. 
“The AIDS research, on the 
other hand, is undertaken by 
people who are seriously trying 
to do something to help poor 
people who otherwise might get 
no effective treatment at alL” 

If the experimenters found 


that the half-dosage worked as 
well as the fuIL the benefits 
would accrue not just to the 
Third World poor but to the 
United States as well. The only 
ethical question is how to es- 
tablish that a half-dose works. 
But suppose it does work, but 
not as effectively as a frill dose 
(which, by the way, doesn't al- 
ways prevent transmission of 
HIV to infants). What are the 
ethics of giving “pretty good” 
treatment to thousands of pa- 
tients rather than the very best 
treatment to a handful? 

“No ethical breach there,' 1 
says Dr. Kiss, noting that we 
already sanction such trade- 
offs, for instance by providing 
good and reasonable care for 
tire many rather than superlative 
care for the few. “It's a nutter 
of resources,” she said, “and it 
raises the deeply important 
question of access to health 
care. That really is tire issue.” 

But so is toe one raised by Dr. 
AngeU. It is devilishly easy for 
good people with the best of 
intentions to slip into doing less 
than their ethical best — par- 
ticularly when reputations and 
funding are at stake. 

The Washington Post. 



For Businesses With Global Vision, the World Is Their Oyster 


N EW YORK — Cynics ask: 

“What’s so important 
about globalization? It's been 
under way for decades.” 

In some ways, they are right 
Oyer the past 50 years, we have 
seen a remarkable liberalization 
of world trade, a gradual open- 
ing of international capital mar- 
kets and the participation of 
more and more nations in the 
world economy. Yet apart from 
the relatively small internation- 
al trade in goods and services 
and a few industries that glob- 
alized early, national econo- 
mies have remained predom- 
inantly local. 

We betieve that today there 
are forces at work in the world 
economy that will break down 


By Jane Fraser and Jeremy Oppenheim 


the barriers between national 
markets and ultimately result in 
a radical reconfiguration of in- 
dustries along truly global 
lines. 

First, the engine of global- 
ization is toe growing scale, 
mobility and integration of toe 
world's capital markets. A 
deepening pool of trillions of 
dollars of internationally mo- 
bile capital is pursuing prof- 
itable investments worldwide 
— from the gold mines of sub- 
Saharan Africa through the oil 
and gas reserves of the Caspian 
to the * ‘red chip" companies of 
China. No longer the ally of 
vested interests within closed 


Take Trade Debate to the People 


T HE CLINTON administra- 
tion’s quest to gain “fast 
track” authority in trade nego- 
tiations promises to be autumn's 
major congressional battle. Bat 
it will be a great mistake if toe 
fast-track debate is confined to 
Capitol HilL President Bill Clin- 
ton should use this opportunity 
to launch a major national dia- 
logue about how be intends to 
use this new trade authority, to 
paint a vision of what he thinks 
the globalization of the U.S. 
economy will mean for average 
Americans in the 21st century 
and to show what he intends to 
do to help those who may be 
victims of expanded trade. 

Rarely has history given a 
president a better environment in 
which to do so. Fewer than one 
in 20 Americans is unemployed. 
Exports are booming. And Pres- 
ident Clinton enjoys a 63 percent 
approval rating, according to a 
Los Angeles Times poll. 

Globalization has made 
America richer. But workers 
who lose their jobs because of 
imports experience longer peri- 
ods of unemployment and suffer 
larger permanent losses in earn- 
ings than those who are jobless 
because of other shifts in toe 
economy. Economists say trade 
has little to do with these prob- 
lems. But the public doesn t be- 
lieve it. And support for fast 
track, trade and globalization 
has suffered as a result. 

Mr. C linto n can lead the fast- 
track debate by taking toe ini- 
tiative on three fronts: 

■ Use the bully pulpit of the 
White House to launch a na- 
tional dialogue on the impli- 
cations of globalization for toe 
American people. Better than 


any of his predecessors, Mr. 
Clinton intuitively understands 
toe borderless nature of the 
emerging economy and has the 
skills to communicate a vision 
of that future to voters. He must 
be willing to admit that glob- 
alization will create both win- 
ners and losers, and that there 
are no easy solutions for toe 
problems of toe losers. 

• Follow up words with ac- 
tion. To remain globally com- 
petitive and to retain public sup- 
port for an open trading system, 
U.S. society needs a new social 
compact. In return for exposing 
workers to toe insecurities of 
global competition, Washington 

and U.S. business must help 
American workers obtain the 
skills they need to prosper in the 
new international economy. The 
Trade Adjustment Assistance, 
or TAA, program, established to 
help workers hurt by imports, is 
up for renewal in 1998. It is 
currently little mote than exten- 
ded unemployment insurance. 
The president should pledge to 
fix TAA by expanding it into a 
comprehensive worker- retrain- 
ing program for all who need iL 

• Launch aggressive trade 
actions to open foreign markets. 
Americans need reassurance 
that toe president will look out 
for U.S. interests in this new, 
uncertain world. Polls show the 
public backed Mr. Clinton's 
1995 confrontation with Tokyo 
over access to Japan's auto mar- 
ket. The White House needs to 
demonstrate again that free- 
trade advocates are not patsies. 

- — Bruce Stokes, a senior 
fellow at the Council an 
Foreign Relations, commenting 

in the Los Angeles Times. 


national economies, capital is 
increasingly available to any- 
one capable of generating a 
high return, wherever in the 
world they may be. 

Second, deregulation is 
drastically expanding toe size 
of the global arena open to for- 
eign competition- We estimate 
that the value of the world econ- 
omy that is “globally contest- 
able” — that is, open to global 
competition in product, service 
or asset ownership markers — 
will rise from about $4 trillion 
in 1995 to well over $21 trillion 
by 2000. The opening of the 
emerging markets — China, 
Brazil, Mexico, Southeast Asia 
and Eastern Europe — is cre- 
ating the headlines. But, in 
value terms, we believe that toe 
largest opportunities for geo- 
graphic expansion may actually 
be in toe countries of toe OECD 
over toe next decade, as toe 
financial, power, telecommuni- 
cations, media, water and trans- 
portation sectors open up. 

Third, we believe that toe 
technological revolution in 
computing and communica- 
tions is fueling toe economic 
rationale for playing globally. 
On toe one hand, toe upgrading 
of the world's communication 
infrastructure is compressing 
space and time, enabling a 
massive increase in cross-bor- 
der information flows and stim- 
ulating consumer demand 
around the world for the leading 
brands, products and services. 
Soon, services that used to re- 
quire a local presence will be 
opened up to electronic deliv- 
ery, amplifying companies* 
ability to reach consumers 
across the globe. 

On the other hand, techno- 
logical change is driving up the 
relative value of all forms of 
intangible capital — brands, in- 
tellectual property, software, 
media content and talent Man y 
of these assets have huge scale 
effects when leveraged glob- 
ally, giving intangible-rich 
companies, such as Microsoft 
Coca-Cola and Hoffman La 
Roche, strong incentives to 
shape their industries along 
global lines. 

This new era presents a fun- 
damental set of new manage- 
ment challenges. With greater 
freedom and "over choice” 
comes _ intensifying competi- 
tion, diminishing control, ac- 
celerating product cycles and 
deepening uncertainty. The 


which most companies, unable 
to rely on patronage or struc- 
tural position for protection, are 
permanently vulnerable. 

The scale and sheer number 
of the new global opportunities, 
the complexity of toe compet- 
itive arena and toe relentless 
performance discipline im- 
posed by toe capital markets 
will force companies, either to 
specialize and become world- 
class in their chosen field or to 


ty. They shape opportunities by 
concentrating only where they 
have world-class skills and pro- 
prietary intangible assets. And 
they create open business sys- 
tems that thrive on constant 
change, translate diversity into 
strength, attract top talent from 
all over the world and leverage 
other peoples' infrastructure, 
money and resources. 

We are on the brink of a 50- 
irreversible 


class in tneir chosen neid or to year, irreversible transfomi3- A, 
exit In industry after industry tion of toe world economy from r # 
— from specialty chemicals to a series of local industries ■ 
fond management — globali- locked in relatively closed na- 


zation is raising the stakes and 
forcing national and regional 
players to double or quit The 
next decade will see shakeouts 
and consolidation on an un- 
precedented scale — even in 
“mature” industries such as 
machine tools or oil and gas. 

The successful players of the 
next decade will win because 
they have learned how to think 
and act differently from the 
herd. Where others see threats 
and complexity, they see op- 
portunity. Where other players 
unconsciously close down their 
degrees of strategic and organ- 
izational freedom, leading 
global companies open up to 
new industry definitions, rad- 
ically disaggregated organiza- 
tional architectures, unconven- 
tional sources of talent and 
untapped classes of oppo nutri- 


tional economies to a system of 
integrated global markets con- 
tested by global players. Within 
a global arena that is expanding 
to four times its former size, 
standing still means falling be- 
hind in toe race for position and 
opportunity. Creating a shared 
understanding of this reality is 
the principal leadership task for 
most corporations. Without a 
global mind-set, companies risk 
being marginalized: with it, toe 
opportunities they face will 
seem almost limitless. 


The writers are consultants 
with the New York and London 
offices of McKinsey & Co. An 
expanded version of this essay, 
which was contributed to the 
International Herald Tribune, 
appears in the current edition of 
the McKinsey Quarterly. 




IN OUR PAGES: 100. 75 AND 50 YEARS AGO 
1897: English Clothes The strongest argument against 

smoking by women is the fact 


LONDON — “No! we are not 
going to open a branch in New 
York,” said Mr. D. Belinfante, 
manager of the well-known firm 
of Poole & Co., the fashionable 
tailors of Savile-row. “We 
don’t want to go to New York, 
because itdoes not suit us to take 
such a seep. The reasons against 
such a move are purely business 
ones — it would cost too much 
to import English goods to 
America, and also the price of 
labor is higher than in England. 

■ ■ I can tell you that an Amer- 
ican customer, when he orders 
of an English tailor, expects to 
get English clothes — English 
materia] and English-made.” 


that it does not become her. 
Does she want to lose her most 
precious dower of grace and 
delicacy and cleanliness? Then 
let her smoke, chew, spit, 
swear, swap vile yams, run 
gamblmg joints and so on, just 
as millions of men do. But will 
she be content with her vastly 
diminished destiny? 

1947: LaGuardia Dies 

NEW YORK — Fiorcllo H. La- 
Guardia, sixty-four. Mayor of 
New York City for twelve con- 
secutive years and former di- 
rector general of the United Na- 
tions Relief and Rehabilitation 
Administration, died in his home 
m The Bronx. Mr. LaGuardia, 
one of New York’s most popular 
— ^licical fij 




1922: Dower of Grace 

L^whetoe^anyonf^^id P° ,itica J fi S urcs “d nationally 
imagine a young riian bringing *««dyuamic city 

. . . . home a box of ci°ars ^“^straiions, was operated 

new global economy is one in mother as a binhdS^ pres ^ t pancreas ‘ He 


0 


Ck 




'■•-U 




- L, 


u> Pi'oSiS 




INTERNATIONAL HERALD TRIBITNE, WEDNESDAilSEPTEMBER 24. 1397. 
INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 


LANGUAGE 

forsooth, Will Had a Word for Everything 


By Jeffrey McQuain 

Nrw York Times Service 

XT EW YORK — A 1 996 Newsweek 
1 N headline cailed him “Dead White 
Male of the Year." and The Wash- 
ington Post has named him “Greatest 
Genius of the Millennium.” Bui mod- 
ern audiences ail too often think of 
William Shakespeare's language in 
terms of forsooth (an Old English ad- 
verb meaning “truly") or bodkin (a 
Middle English noun for “dagger or 
sharp weapon" first used by Geoffrey 
Chaucer in "The Canterbury Tales"). 

Shakespeare is not the coiner of 
those archaisms, but his works have 
given English more than 1,500 other 
words, from the everyday hint to the 
rare kickshaw {“trinket”). Many of 
these inventions result from functional 
shift (using the noun champion as a 
verb) or affixation (adding a suffix to 
"excite” to make excitement). Some 
of his best coinages, though, come 
from compounding, or putting together 
rwo existing words to create a new 
meaning. 

Fire-new, for instance, comes from 
"Richard in,” when an aging Queen 
Margaret devalues a nobleman’s re- 
cent title as a “fire-new stamp of hon- 
or.” This compound provides a hot 
synonym for the older brand-new. 

Among Shakespeare’s shiny coins 
are a number of nouns and verbs worth 
recounting. His noun bed-vow refers to 
a promise of fidelity that applies 
equally well to married and unmarried 
couples. The narrator of Sonnet 152 
reminds an unfaithful lover that 1 ’In act 
thy bed-vow broke”; more than three 
centuries later, James Joyce dropped 
the hyphen in the 1922 novel 



“Ulysses” to write about a woman 
who “did not break a bedvow." 

The lingering sadness from the death 
of Diana, Princess of Wales, suggests 
what Shakespeare calls heart-grief a 
despair deeper than simple grief. Bri- 
tain’s better times are described in 
"Henry V” when the Earl of Cam- 
bridge reassures the monarch; 
"There's not. 1 think a subject that sits 
in heart- grief and uneasiness under the 
sweet shade of your government.” 

Perusers of Shakespeare’s "Mea- 
sure for Measure” may look for over- 
read, meaning “to read carefully or 
thoroughly." This verb should over- 
take “peruse.” with its contradictory 
meanings of “to study carefully” and 
“to read casually.” Another dramatic 
first is Shakespeare's verb weather- 


fenJ. meaning “to put up a wind- 
break” or "to shelter from bad weath- 
er." In "The Tempest,” the spirit Ar- 
iel reminds Prospero of “the line- 
grove which wcather-fends your 
cell.” 

In addition, many of Shakespeare's 
modifiers offer compound interest. His 
adjective young-eyed appears in “The 
Merchant of Venice” depicting the an- 
gelic innocence of "young-eyed cber- 
ubins." The late lexicographer Stuart 
Berg Flexncr, whose books on Amer- 
ican English are being revised for pub- 
lication next month, preferred the 
Shakespearean blue- eyed (again from 
"The Tempest”), a’ modifier used 
since World War I to describe a similar 
naivete. 

Shakespeare's coin collection also 
includes the adverb guest-wise from 
“A Midsummer Night's Dream.” In 
that comedy, Demetrius dismisses his 
temporary love for Hermia with "My 
heart to her but as guest-wise so- 
journed." Today the combining form 
-n7.fi? continues to produce coining by 
joining; in a recent “Peanuts'* comic 
strip, a young boy named Rerun tells 
his grandmother, “I'm doing fine 
kindergarten-wise . " 

Politicians who need a euphemism 
for “lying” might lift a hyphenated 
adjective from "Troilus and Cressida” 
when Agamemnon calls bis colleague 
Achilles “over-proud and under-hon- 
esi" 

Jeffrey McQuain is the co-author 
with Stanley Malless of Coined hy 
Shakespeare, due in January from 
Merriam-Webster. He is also the lan- 
guage researcher for William Sqfire, 
who is on vacation. 


BRIDGE 


Alan Troscott 

I N the 1996 Reisinger 
Knockout Teams in Man-, 
hattan. the diagramed deal 
gave Alan Sontag of Man- 
hattan a chance to demon- 
strate the playing skill that has 
brought him one world title 
and many national suc- 
cesses. 

He found himself in an op- 
timistic four-spade contract 
after East had doubled the 
opening bid of one club. 

The opening lead was an 
unusual diamond king, aimed 
at holding the lead in some 
circumstances. 

South ruffed, took a dub 
finesse that lost to the king 
and ruffed another diamond. 


He led the heart jack, 
covered by the king and ace, 
and led a low trump, from the 
dummy. 

East put up the king and 

NORTH 
4 A 

9 — 

0 J 
4> A 6 


WEST 
4 — 

9- 
0 10 7 
498 


EAST 
4 J8 
9 — 

0 AQ . 

4- 


SOUTH 

♦ Q 

965 
0 - 

* Q 


returned a trump, won with 
the ten in the dosed hand. 

Dummy was entered with a 
club lead, and the heart nine 
was finessed successfully. 

The heart queen was 
cashed, reaching the ending 
shown at left. 

Sontag led a heart winner 
and threw the diamond jack 
from dummy, leaving East 
helpless. 

If he ruffed and led a trump. 
South would win in dummy 
and cross to the dub queen, 
scoring the last bean. 

And if he played a diamond 
after ruffing. South would 
throw his club queen, ruff in 
dummy and lead the club ace. 

Making four spades gained 
12 imps. A three-spade con- 
tract failed in the replay. 


NORTH (D) 
4 A 9 4 
9 A 7 2 
0 J 3 3 
4 A i 106 


WEST 

*6 

pin 

0 K 107 6 42 
49852 


EAST 
4KJ82 
9108 4 
0 AQ85 
4 K 7 • 


North 

East 

South 

West 

14 

DbL 

14 

24 

DbL 

Pass 

29 

3 0 

44 

Pass 

Pass 

Pass 


BOOKS 


TWO-GUN COHEN: 

A Biography 

Bv Daniel S. Levy, iiiusiiincil 379 pages. 
$29.95. St. Martin’s Press 
Reviewed by Richard Bernstein 

M ORRIS Abraham Cohen, a/k/a 
Two-Gun Cohen, who was bom in 
a Russian shied in 1887. illustrates one 
of the more colorful and exotic Jewish 
trajectories of modem history. His path 

took him to the East End of London, to 
reform school, to Saskatchewan as a 
cowhand and cardsharp, and then, when 
he was 35. to China, where he became a 
bodyguard for Sun Yat-sen, the leader of 
the 19! 1 republican revolution. 

Cohen then witnessed Chinese history 
from up close, and participated in it as a 
hustler, political adviser, arms dealer and 
wartime prisoner of the Japanese. In the 
late 1950s, he became an apologist for 
the Maoist regime and a consultant to 
Rolls-Royce, which was trying to sell 
airplane engines to China. 

In other words. Cohen had an in- 
teresting life, and Daniel S. Levy, a 
reporter for Time magazine, has care- 
fully and colorfully laid it out in this new 
biography. Levy has sifted through a 
voluminous historical record, inter- 
viewed those still around who knew Co- 
hen from the old days and. in particular, 
sorted out truth from legend in piecing 
together Cohen's peripatetic life. 

This sorting out is particularly com- 
mendable, given that Cohen's life had. 


until now. been understood through "The 
Life and Times of General Two-Gun 
Cohen," ' a biography that Cohen wrote in 
the 1950s with writer Charles Drage. The 
Drage book. Levy shows convincingly, is 
filled with sensationalizing details that 
just happen not to be true. 

In a wav, however. Levy pays a price 
for his scrupulousness. His research 
proves that the legend of Morris Cohen 
made him out to be a more important 
figure than he actually was. even though 
he remains a fascinating and unusuai 
historical footnote. Regarding this. Levy 
cites a journalist who knew’ Cohen as an 
aging figure in Asia, looking for an audi- 
ence for his stories; ' ‘To hear him talk he 
was responsible for the whole Sun Yat- 
sen revolution. So far as 1 could make out 
he had a minor rote in the whole thing. 
He was just a .38-caliber bore.” 

Cohen’s family of Orthodox Jews fled 
to England from their village near the 
Polish border after the terrible Russian 
pogroms of the 1880s. But while his 
parents strove to make their son a model 
citizen. Morris as a small boy was 
already too restless and energetic to be 
contained by synagogue and study. 

As a young man , he boxed profes- 
sionally (he was known as Fat Moisha or 
Cockney Cohen), but also became a 
purse stealer and pickpocket under the 
tutelage of a petty crook Joiowti as Harry 
the Gonof. iGonof means thief in Yid- 
dish.) At 12. Morris was sent to a Jewish 
reform school for five years and, when he 
finished there, he was dispatched by 


CROSSWORD 


PAGE 9 


steamer to Canada to live a useful and 
wholesome life as a farmhand in Saskat- 
chewan. Cohen did work as a cowherd 
for a year, bul soon found himself in a 
variety of occupations and shady activ- 
ities in the Canadian Wild West. He was 
arrested more than 10 times and served 
two terms in prison, one of them for 
having sexual relations w ith a minor. 

But Cohen w as not an ordinary’ crim- 
inal. As described by Levy, he' had a 
certain charm and curiosity that led him 
to his unusual turn toward China. He 
befriended Chinese immigrants in 
Saskatchewan and especially Albena, in 
particular one Mah Sam. a restaurant and 
gambling-den owner. Mah was a sup- 
porter of Sun Yat-sen. Mah Sam in- 
troduced Cohen to the North American 
association that helped Sun raise money 
and find recruits for his military forces. 

Eventually, in 1922. with the Cana- 
dian economy in a depression, Cohen 
went to China, quickly using his charm 
and hustle to worm his way into Sun's 
entourage as a bodyguard', eventually- 
acquiring the title — a bit meaningless 
given the inadequacy of Sun's army — 
of general. 

From then on. Cohen’s life was in- 
tertwined with the turmoil of the 20th 
century in China, to which Levy proves 
himself a reliable and informative guide. 

Cohen was far from the major player 
he made himself out to be. but as a minor 
player, he deserves the spot in the his- 
torical panorama Levy has given him. 

Wu York Time a Seri u c 


ACROSS 

i Separate, as 
flour or ashes 
s Forum 
language 

lOPaulBunyan's 

ox 

14 Doughnut's 
middle 
is Primitive 
calculators 
ii Military 
no-show 
17 Bit of physics 
18 'Dear friend I" 


il Door sound 

20 Overjoyed 

23 April! 5 initials 

M Paper 
purchases 

21 Egg-rolling time 

32 Reddish-brown 
horse 

36 Copper, e.g. 

36 Greeting at sea 

37 Hush-hush 

govt, group 
3B Highly pleased 
with oneself 
4a Afternoon hour 
.on a sundial 


SOUTH 

4Q10753 

9QJ965 

4Q43 

Both sides were vulnerable. The 
bidding: 


West led the diamond king. 


Solution to Puzzle of Sept 19 and — 


□□HQH □□□□ □□□ 

□snam 00000 □□□ 

0nOEJS0aG]n0t3 0130 
HmnHHQQ ciaaaaa 
□□h [ 30110 a 0001111 
□□□□ □□□□□ 0000 
□□□ 000011000 
□□□anmnaaaaaa 
EEnsananc] oaa 

□000 00000 0300 
DQDQ0 00000 1100 

aaaaaa annaana 
□hh n000Q00aa00 
□□0 □□□□0 00000 

SQ0 0B00 HQGina 


43 Into 

44 Country singer 
Crystal 

45 Garbage- 
marauding 
critters 

41 Present and 
future, e.g. 

41 Borden's cow 
so Forbid 
si Bonkers 
si Opposite of all 
at Perch 

63' to leap tall 

buildings . . .' 

64 Skunk's 
defense 
66 TV duo Kate 
and — 

66 Carbonated 
drink 

67 Overhaul 

68 Bread maker 
61 Trial balloon 

DOWN 

1 Mideast ruler of 
years past 

2 Small amount 

3 Dud 

4 Office fUMn 

i Actress Hedy 
eVast chasm 
7 Novelist 
Janowitz 


8 Suffix with poet 
• One of 
Columbus's 
ships 

10 Two-pointer 

11 Cobbler's Tool 

12 Feathered stole 

13 Shade tree 

» Submit 

22 Four Monopoly 
properties: 

Abbr. 

25 Pesters 

26 Biceps, e.g. 

27 Beknont 

28 Sovereign's 
domain 

29 Antenna 

30 Zeno and others 

31 Fraternity T* 

32 Cowboy's wear 

33 Aspiration 

34 Hurricane's 
canter 

as 'Unto us Is 

given' 

31 FUSS 

40 60 s rocket 
stage 

41 Soup container 

4i Roman orator 

47 Poet's 
preposition 

4i Sampler 



no* nr (toper e. rm* 

KyiVeir York Times/Edited by Will Shorts. 


so Count of jazz 
52 Lebanese, e.g 
is Defender of 
Dreyfus 
54 Egg part 


65 Wear well 

so Mitch Miller's 
instrument 

57The*0"in 

R.E.O. 


58 Peachy-keen 
si Neither's 
partner 

bo* toa 

Nightingale” 
81 Doze (off) 




my 


HYUNDAI 

Minmw 




■Vafai Uic.m e .r ta Lb — Zoawy an FiAw> 


Are 


YOU 


in 


Our 


Future? 




Electronics & Communications Automobiles 


Aerospace 


Petrochemicals 


Shipbuilding 


Over the past fifty years, Hyundai 
innovations have made a world of difference. 

i 

Today, our cars move people in over 190 
countries. Our oil tankers deliver the fuel that 
powers economic development to every 
continent. Our semiconductors store and 
process the data that will take technology to 
the next level And we’ve only just begun. 

You see at Hyundai, each product and service 
we develop becomes the inspiration for future 
innovations- Innovations designed to meet the 
customer’s psychological needs as well as 





nm»NATH)NAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 



PAGE 10 


international 


conns. Finnnrwr in Currency Feud With Malaysian Leader, Calls Mahathir ‘a Menace to His Own Country’ 

3UUUJ. 9 him as a inno.Hnv*. friend, Mr. hathir, and dun is what enables tom to has donated heavily to organ* 


Continued from Page 1 


organizations 

promoting free enterprise. 

Paul Volcker, a former chairman or 

the U^. FfederalResetveBoaid who was 


WALL: 

Malaysia Slams Door 

Continued from Page 1 



government, uuiuou, 

leader also blamed to lte pnience ^ dw World Bank 

president.gwolfensohn. who de- local medra are 

OIL: Battling for the Caspian Bonanza 

The first consortium, Azerbaijan In- 
ternational Operating Co., is drilling in 
Wpcipm cecimtv p lann ers as the Caspian and expects to begin pto- 
compietcly as the finances transfix oil during oil before the end of the year. The 
executives. Once Caspian oil begins competition now is over pipeline routes, 
flowing, they dare to dream, they will ^ the outcome will have far-reaching 
never again have to kowtow to OPEC or political and economic effects, 
maneuver to prevent oil-thirsty nations Whoever controls the route or routes 
from dealing with Iran and Iraq. he able to count on steady income 


Continued from Pag® I 


With that relief, however, will un- 
doubtedly come new troubles, for the 
competition involves not only govern- 
ments and oil companies, but also war- 
lords who control or move through the 
regions where the pipelines needed to 
bring the oil to market might be built 
Depending on where the lines are laid, 
power over the energy supply may fall to 
Chechen rebels, irredentist Armenians, 
Russian or Turkish gangsters, Iranian 


from transit fees and to exert pressure on 
producing and consuming countries. 

“If you can’t get the oil out, it's no 
good to anyone,” said an American oil 
analyst in Baku. “But every way of 
getting it out presents its own set of 
problems.” 

The first flow of oil is to be sent through 
an e x i sting pipeline that runs north from 
Baku through Chechnya to the Russian 


mullahs, Kurdish guerrillas or mercurial ^ of Novorossisk on the Black Sea. 

,1 i _ . , . . J.L:. 


chie ftains of ethnic groups that nurse 
ancient grievances of which the outside 
world knows almost nothing. 

“All the options are complicated, and 
none is trouble-free because they all 
either pass through politically unstable 
areas, involve high costs because of dis- 
tance and terrain or are politically risky 
because (hey offend the sensibilities of 
one or another of die regional powers, ’ ' 
Rosemarie Forsythe, an American dip- 
lomat who specializes in international 
energy issues, wrote last year. 

That there is oil beneath Azerbaijan 
has been known for centuries. The 13th- 
century explorer Marco Polo reported 
that springs here bubbled with black goo 
that was “good to bum.” 

From 1880 to 1910 the Rockefeller, 
Rothschild and Nobel families made for- 
tunes here. In World War A, Azerbaijani 
oil fueled the Red Aimy, and Baku, the 
capital, was a prize that Hitler tried but 
failed to capture. Over the entire Soviet 
period, however, only modest amounts 
of oil were produced here as Moscow 
preferred to develop fields in Siberia and 
other parts of Slavic Russia rather than 
invest in peripheral Muslim republics. 

The proven reserves beneath 
Azerbaijan’s portion of the Caspian total 
17 billion barrels, the equivalent of the 
North Sea field. 

Geologists believe that at least 20 
billion to 30 billion additional barrels 
remain to be found. The other oil-rich 
comer of the Caspian belongs to Kazak- 
stan, with proven reserves of 10 billion 
barrels and perhaps three times dial not 
yet found. 

Some specialists in Baku believe 
these figures may be low. Estimates of 
total reserves in the Caspian and the 
lands around it run up to 200 billion 
barrels, enough to meet the energy needs 
of the United States for 30 years or 
more. 

After declaring independence from 
the Soviet Union in 1991, Azerbaijan 
and Kazakstan fell into turmoil from 
which they are emerging. Foreign oil 
companies began large-scale investment 
in (he region in September 1994, when 
the Azerbaijani state oil company signed 
what was called the "contract of the 
century, ” a $7.4 billion deal with a 
consortium of 10 companies from the 
United States, Britain, Norway, Russia, 
Turkey and Saadi Arabia. 

Four more contracts have since been 
signed, with French, Italian, Japanese 
and Iranian companies among the new 
arrivals. Mobil paid $1.1 billion for a 
stake in Kazakstan’s biggest oil field, 
followed quickly by Russia’s stale- 
owned oil conglomerate; Malaysian and 
Chinese interests are negotiating for the 
second-largest field. In neighboring 
Turkmenistan, U.S. and British compa- 
nies have bought permission to search 
for oil in an 8.000-square-mile (21,000- 
square-kilometer) tract along the Caspi- 
an coast 



context or wona iraue ur ^ *«««. * « ^ 

gamzanon negotiations for rules to lib- migrants seem tobav ® iectionshave 
erahzcfinancial services markets. - sage. Bangkok’s 

Mr. Anwar said Malaysia would “like b een redu cedw a . so ^ ^f„^ uala 
» proceed” wifc^WrO 

on condition toe are effective itorafflngroMam ^ 

guidelines, mechanisms to protect chief mimstCT « n^y 

emerging economies from unscrupulous state 

» rt—um. — :j w„«i. T ;™nr nins, some 3,000 illegal immigrants are 


sneculatoTS.” But he said Kuala Lumpar runs, some j,uw wc&u ■ 

S«S fi5e rnS- caught ev^ye^cro^g fce^m 

surestoliberalize” its economy. his state alone. Mr. Shah^anMystte 

Mr. Anwar's clarification marked the wall is helping to cut the number of 
second time in seven days that Malaysia illegal entries as weU . “ *e 

had followed an attack on foreign spec- amount of firearms, Ofegd , drags and 
ulatora with attempts to soothe foreign livwtocksmi^ed mw 
investors. A week ago, Mr. Mah a t h i r 


MANHUNT — Police searching Sunday for a man who killed seven 
people in a potato field in Latvia. He committed snicide. 


sought to reassure foreign fond man- 
agers that they were stm welcome in 
Malaysia. 

Mr. Soros also conceded that he con- 
sidered “the laissez-faire idea” that 
markets should be left to their own 
devices a dangerous notion because 

“the instability of financial mark ets can 

cause serious economic and social dis- 
locations.” 

Mr. Soros contended that ’‘Malaysia 
has a problem, which is the excessive 
credit expansion that has occurred.” He 
said dial Malaysian credit had grown by 
an average of 30 percent a year over the 
past three years and was now approaching 
160 percent of gross domestic product, 
and mat finance company loans equaled 
57 percent of GDP. 


ARABS: Defying the UN, They Grant Gadhafi Landing Bights 


Moscow would like to expand this line so 
it can be used for the far larger flows to 
come, but to do so it must cooperate with 
Chechnya’s secessionist rebels. 

Russian and Chechen leaders finally 
reached an accord this month on splitting 
the transit fees, but reflecting their mis- 
trust, the Russians immediately an- 
nounced that they want to build an al- 
ternative route through North Ossetia, 
which is more stable politically. 

The only existing alternative pipeline 
does not run through Russia at all, but 
westward from Baku to the Black Sea 
port of Supsa in Georgia. It passes 
through potentially explosive regions of 
Georgia, but Georgian officials say they 
can guarantee its security. 

Once the oil reaches Supsa, however, 
what should be done with it? One option 
is to ship it in tankers across the Black 
Sea, through the Bosporus into the Medi- 
terranean. But Turkish officials strenu- 
ously object to such heavy tanker traffic 
because of the environmental risks. 

The Turks want to build a 650-mile 
pipeline from Supsa across eastern Tur- 
key to their port of Ceyhan on the Medi- 
terranean. But some oil executives 
worry about the time and expense of 
building such a pipeline, and they cannot 
ignore the risk dial Kurdish guerrillas in 
eastern Turkey might try to sabotage it. 

Another possibility would be to ship 
or pipe oil from Supsa across the Black 
Sea to Bulgaria or Romania, sending it 
by pipeline from there to a Greek port. 

Azerbaijan’s president, Heydar Aliyev, 
has even suggested that be would con- 
sider a pipeline through Armenia if the « . irnT1 TW^i 

mo countries tfaeudisput e HAMBURG: Electoral Setback for German Social Democrats 


Continued from Page 1 

in 1994 when a plane carrying observant 
Muslims flew from Libya to Saudi Ara- 
bia for the hajj, the annual pilgrimage to 
Mecca. 

The resolution that was adopted after 
three days of talks by foreign ministers 
was unabashed in expressing support for 
Libya. "We invite Arab countries to 
take measures to alleviate the sanctions 
on Libya until a peaceful and just solu- 
tion to the crisis can be found,” the 
resolution said. 

It specifically urged states in the 22- 
member Arab League to allow flights 
carrying “the political leadership and 
official Libyan delegations participating 
in regional and international meetings” 
to land on their temtoiy. 

The resolution also called on Arab 
countries to authorize flights for "hu- 
manitarian reasons such as the transport 
of the ill and the dead and medicine 
as well as religious flights.” The res- 
olution also invited member countries 
to lift a freeze on Libyan accounts 


in Anto banks except for oil funds. 

The decision is bound to be seen as a 
challenge to the United Nations, which 
chose not to act last spring when Iraq 
sent Muslim pilgrims to Saudi Arabia in 
defiance of a similar UN travel ban. 

Libya announced July 10 that it would 
no longer respect the sanctions imposed 
against it, and die Arab League res- 
olution seemed at least partly to endorse 
that declaration. The organization re- 
newed its support for Libya and 4 ‘praises 
its efforts aimed at finding a peaceful 
resolution to the crisis." 

The resolution was passed at the end 
of a session in which Arab officials were 
able to agree that Israel was at fault for 
the latest breakdown in the quest for 
peace, but seemed unable to agree about 
whether further punitive measures were 
required. 

A particular issne is a planned eco- 
nomic meeting in November in Doha, 
Qatar, that is to be the fourth such annual 
gathering aimed at cooperation between 
Israelis and Arabs. 

Along with Syria and Lebanon, which 


have never attended the gatherings, a 
number of leading Arab countries have 
said that the policies currently advocated 
by Prime Munster Benjamin Netanyahu 
of Israel have made it inconceivable for 
them to attend this year’s session. 

[In the end. the foreign ministers in 
effect gave Qatar clearance to hold the 
conference by allowing each country to 
make up its mind whether to attend, 
Agence France-Presse reported.' The 
Saudi foreign minister, Pnnce Sand al 
Faisal, said that his country would cany 
out its threat to boycott the meeting.] 

A report by the Renters news agency 
on Sunday night said that Yasser Arafat, 
the Palestinian leader, who believes that 
die meeting should not occur, had front- 
ed after a heated argument with an of- 
ficial from Qatar. 

A doctor who declined to be identified 
told Reuters that Mr. Arafat had bear 
revived by a doctor and had been led 
from che meeting before be returned to 
his home in Gaza. 

Neither report could be independently 
confirmed. 


over the region of Nagorno-Karabakh. 

When oil planners look at maps, 
however, they cast their eyes on a tan- 
talizing alternative: simply tie Baku to the 
existing pipeline network in neighboring 
Iran arid send the oil south to the Golf. 

This proven route leads to ports already 
equipped for shipping ofl and avoids the 
baffling range of political ethnic, na- 
tional and religious conflicts bubbling 
across the Caucasus. But the United 
States, which rejects virtually all cooper- 
ation with Iran, strongly opposes it Some 
influential figures in Washington are 
quietly suggesting that it may be time to 
reappraise policy toward Iran, particu- 
larly after the election there in May of a 
relatively moderate president, but they 
have not had any visible success. 

An even more daring possibility is to 
run a pipeline from Turkmenistan south 
to the open sea through Afghanistan, 
where the ruthlessly fundamentalist and 
anti-Western Taleban movement is in 
control. At least one American company, 
Unocal, has reportedly held talks about 
the pipeline with Taleban officials. 


Continued from Page 1 

reached alarming levels, prompting the 
major parties here to run on 41 law and 
order” platforms. 

But as Hamburg’s largest party and 
the one that dominated politics here for 
half a century, the Social Democrats 
were clearly saddled with much of the 
blame for the rise in crime and job- 
lessness. Those issues seemed upper- 
most in die minds of voters, even more 
than the debate over whether Germany 
should surrender the cherished Deutsche 
mark next year in favor of the single 
European currency. 

The Social Democrats must decide 
whether they want to rule Hamburg in a 
grand coalition with the Christian 
Democrats or seek an alliance with the 
Greens. For several months, Mr. 
Voscherau has said he was uncomfort- 
able with either prospect, a factor that 
clearly contributed to his decision to 
resign. 

Ole van Beust, the Christian Demo- 
cratic leader in Hamburg, contended that 


a grand coalition was necessary to block 
the further rise of “neo-Nazi extrem- 
ists.’ ’ But the chief of the Greens. Krista 
Sager, also staked a claim to sharing 
power, saying her party had proved its 
strength and no longer deserved to re- 
main in opposition. 

The Hamburg vote could foreshadow 
a similar dilemma in national elections 
next year if the Free Democrats, Mr. 
Kohl's coalition partner, continue to 
slide in popularity and drop out of Par- 
liament. The Free Democrats fell below 
the 5 percent hurdle and lost all seats in 
the Hamburg assembly. Opinion polls 
show they may suffer the same fate at the 
national leveL 

While the Social Democrats are run- 
ning ahead of the Christian Democrats in 
nearly all voter surveys, there are serious 
concerns within the main parties and the 
public over whether a “Red-Green" al- 
liance would force a stable government 
at a time when Germany faces painful 
problems in restructuring its economy. 

All of Mr. Kohl’s major reforms on 
the federal level have been blocked by 


the Social Democrats, leading marry 
commentators to argue the only way out 
of the country's political impasse is for 
the two leading parties to create a grand 
coalition. But Mr. Kohl has insisted he 
will never govern with his Social Demo- 
cratic enemies and would prefer to leave 
office than save in such an allianc e. 

■ Opposition Plays Down Loss 

The national campaign manager of 
the Social Democrats, or SPD, played 
down the outcome of the Hamburg elec- 
tion Sunday, Reuters reported. 

"There were no winners in Ham- 
burg,” said Franz Mucnterfering. “It was 
a disappointing result for the SPD. But 
we were not beaten. The SPD still won far 
more votes than the other parties.” 

But the Christian Democrats’ cam- 
paign manager, Peter Hintze, said. “The 
SPD got smacked by the voters in Ham- 
burg." 

Guido Westerwelle, the Free Demo- 
crats’ campaign manager, said the elec- 
tion had come as a bitter defear for hie 
party. “We lost this election,” he said- 


Tbais were initially stunned to learn of 
the barrier being erected across their 
southern border, and Bangkok at one 

^OTo^^^rder area where thewall was 
being built But Thailand now has other, 
more pressing matters to attend to. 

“We didn't put too much emphasis on 
the public relations side,” said Abdul 
Razafc Abdullah Baginda, executive di- 
rector of the Malaysian Strategic Re- 
search Center. “We should have been 
more sensitive to how the Thais would 
receive the wall." 

Building the structure, which Malay- 
sian officials say cost 54 mfllion ringgit 
($17.8 million), required taming large 
swaths of jungle ana following a border 
than mm atop thickly vegetated bluffs 
and limestone cliffs. The border is de- 
lineated by various topographical fea- 
tures — the watershed of a hill or the 
deepest point of a river — landmarks 
that are likely to change as hills erode or 
rivers shift, With the wall, however, the 
border has become better defined and, so 
too, has the divide between Thailand and 
its poorer Indochinese neighbors to the 
north and wealthier Malaysia and Singa- 
pore to die south. 

Patrolling the border wall are men like 
Yuga bin Pak lt»m, a member of a spe- 
cial police unit who hails from a Malay- 
sian aboriginal tribe. Mr. Yuga and Ms 
colleagues wear green fatigues and cany 
assault rifles. Aster dark, the favorite 
time for illegal crossings, they survey 
the wall atop watefrtowers, aided by 
night goggles.. . ^ 

Mr. Yoga was recruited into the bar-' 
dear force not for his mastery of modem 
weaponry butforhis intimate knowledge 
of the thick, jungle that creeps up near foe 
wall on tiie Malaysian side. Aboriginals 
in the force spend much of their free tune 
roaming the jungle with blowguns — 
six-foot-long bamboo tubes that shoot 
darts ladea with a homemade poison that 
can kill a monkey in 10 minutes. 

“They could go into the town during 
their free time, " said Zaidon Mustaffa, 
an assistant superintendent for the state. 
“But they don't They like to be in the 
jungle.” 

All of this — a wall topped with barbed 
wire, thick jungle and Malaysian police 
who know it well — might seem enough 
to deter illegal immigrants from crossing, 
but it is not They still come and still make 
it through. Malaysian officials estimate 
that police catch only one third of the total 
number of illegals who cross the wall. 

Malaysia's eight feet of reinforced 
concrete is no Berlin WalL No mines 
have been laid. And there is still more 
than 250 miles of un wailed border. 

“There are many points to cross," 
said Thaveesuk Manopatana, a top of- 
ficial in the immigration police on the 
Thai side of the border. "It will never 
work 100 percent.” 

When caught, illegal immigrants 
rarely put up a fight, said Norzon bin 
Karim, a radio operator who patrols the 
wall daily. Often aided by agents on both 
sides of the border, the aliens pay any- 
where from $400 to$l,200 for a chance 
to work in Malaysia, where an unskill ed 
laborer can earn an average of 30 ringgit 
(about $10) a day. In contrast, Mr. Bicha, 
in Thailand, makes an average of $4 a 
day loading and unloading cooking oil, 
ft brie and electronic goods being traded 
at the border. 


INQUIRY: White House Will Cooperate 


Continued from Page 1 

that a law was violated, a 90-day in- 
vestigation is initiated to determine 
whether the attorney general should go 
before a three-judge federal panel to seek 
the appointment of an independent coun- 
sel. A counsel would have wide-ranging 
powers to pursue an investigation. 

The law against soliciting political 
donations on government property has 
never been tested at the presidential 
level, and questions remain as to how it 
might apply. But the political impact of a 
prolonged investigation could be seri- 
ous, perhaps most gravely to Mr. Gore’s 
-hopes for becoming president in 2000. 

Reaction Sunday was mostly along 
partisan lines. Several Republicans com- 
plained that Ms. Reno's action was in- 
adequate. A senior party leader. Senator 
Thad Cochran of Mississippi, said she 
should have directly sought a special 
counsel, and he called for her resig- 
nation. “I think it’s ridiculous to con- 
tinue to drag it out,” he said. 

Republicans said that they assumed 
rhe review would lead to the appoint- 
ment of a special counsel. “I honestly 
think she has no other choice," said 
Representative Henry Hyde, Republican 


of Illinois and chairman of the House 
Judiciary Committee. 

Some Democrats, including Repre- 
sentative John Conyers of Michig an, said 
they believed the 30-day review would 
show that no law had been broken. 

Republican and Democratic congress- 
men alike said Sunday that if a special 
counsel was ultimately appointed, die 
investigation might quickly be expanded 
from illegal phone calls to other areas. 

A top Republican, Senator Orrin 
Hatch of Utah, said an independent 
counsel should examine allegations of 
attempts by foreign donors to buy in- 
fluence. He said he or she should also 
look at the diversion of less regulated 
"soft money” donations, mainly for so- 
called party building activities, into name 
heavily regulated “hard money” pur- 
poses, supporting individual candidates. 

Administration aides have mounted a 
three-pronged defense: They say it is not 
clear that Mr, Clinton made die calls; 
they say that if he did, he did not spe, 
cifically ask for money; and they say that 
m any case, ihe law against making 
fund-raising calls on federal property 
does not apply to the president, and 
would not apply to calls made from the 
residential parts of the White House. 



POLAND: In Early Exit Polls , Solidarity Leads Ex-Communists 


Oktc KlrpJrtn/ApTtt Fmcc-Pm 

Mr. and Mrs. Clinton returning to 
the White House on Sunday after a 
trip to California, where they took 
their daughter, Chelsea, to college. 


Continued from Page 1 

muoists promised an even rosier future. 

The fault lines in the election, which 
many consider a landmark, were ideo- 
logical, according to politicians, poll- 
sters and voters. Whether people were or 
were not Communists is a question that 
still haunts many Poles eight years after 
the collapse of the Berlin Wall. 

And because the question still dom- 
inates the political environment, the 
former Communists were unlikely to 
command much more than one-quarter 
of the vote. 

A right-of-center populist coalition, 
grouped around the anti-Communist 
Solidarity trade union, which is now 
known as Solidarity Election Action, 
was also likely to command about one- 
quarter of the vote. 

This would probably leave as king- 
maker Leszek Balcerowicz, the architect 
of Poland’s shock-therapy economic re- 
forms and now the leader of the centrist 
free-market party, Freedom Union. 

Mr. Balcerowicz will probably be 
courted by both major parties as they 
struggle after the vote to form a gov- 
ernment 

Mr. Balcerowicz's program, calling 


for faster privatization and completion 
of the economic reforms he started, is 
actually closer to that of the former 
Communists than to the platform of Soli- 
darity, which is not anxious to complete 
the reform program begun five years 
ago. 

But given Poland’s current ideolog- 
ical divide, Mr. Balcerowicz cannot say 
so. “We have to take into account the 
emotions of our voters,” he said, as he 
completed a radio interview. 

Foreign investors, many of them big 
U.S. companies, said they hoped that Ihe 
former Communists, whom they see as 
more progressive on the economy, 
would come in ahead of Solidarity. 

Whatever the shape of the new gov- 
“nmem. it will be taking over a Poland 
that m many ways looks far more like a 
country on the move than the much 

011,18 Enrope “ u,iionit 

* J^ la * nd is headin « for its third year of 
6 ^ STCent economic growth. U n - 

? ym u nt ' al sl ‘g htl > below 12 per- 
cenu has been steadily declining and real 

b n s!sxr ufacn,raK - 


Some of (his success was expec 
help the former Communists, w 
1993 won 20 percent of the vot 
formed a government with the Pi 
Party. But they were not expected 
in the next government, “tiie pul 
happy with the economic growl 
unhappy with the method of gc 
ing,’ r said Wojciech Pawlak, who 
top polling organization. “They 
there is political corruption.” 

Back at the supermarket parkir 
Cegiela. 44, a language pro 
at Warsaw University, said she coo 
trust the former Communists. “I’; 

. to Member what they 
like, she said. “And they want \ 
all their people to top posts.’ 

Whatever the outcome, many 1 
[and said they saw the election as i 
leg m the maturing of fee demo 
process. It will be the third na 
election — after a par liame ntary 
and a presidential elect 
“J 95 — in which standard methc 
western electioneering were used, 
vision advertising, scrappy radic 
television debates and exit polls a 
routine now. And most importan 
count is considered sound and then 
are respected. 




.^r 


I INTERNATIONAL HERALD TRIBUNE. .UTEDNESDAt SEPTEMBER 24. 1997 


Dipr o' 


5 2 lr °~‘ i P-=i^ :r,F ?inp , k rfy 

2 *^r- aT^?- V-^fk 6 


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SORDDEL’TSCHE. LAM>E JllAfcK GIROZESTRaLE 



MONDAY. SEPTEMBER 22, 1997 

PAGE 11 


India Shies From Reform 
As Old Fears Re - emerge 

Swings in Policy Discourage Foreign Invest 


By Kenneth J. Cooper 

Washington Post Service 


NEW DELHI — When the media bar- 
on Rupert Murdoch beamed the first 
pmte ideyision shows into India in 
breaking a government monopoly 
on the small screen, foreign ownership of 
satellite TV networks was unrestricted 
Mr. Murdoch led a boom in the broad- 
casting market and now owns an interest 
in six channels available in India. 

But a new coalition government' is 
moving to cap ownership by Mr. Mur- 
doch and other foreign broadcasters. 

Last year, a draft of comprehensive 
broadcasting legislation set a limit of 25 
percent on foreign ownership of any 
channel. The proposed limit has since 
been raised to 49 percent. Bur some law- 
makers across the political spectrum have 
poshed for a complete ban. 

India has made a similar reversal on 
civil aviation. Following a 1993 court 
decision overturning the 40-year mono- 
poly of the state-owned domestic airline, 
the government let two Gulf airlines own 
a combined 40 percent stake in what has 
become the nation's most successful 
private carrier. But under a new policy 
adopted this year, Kuwait Airlines and 
Gulf Air will have to divest their holdings 
in Jet Airways next month, and Singapore 
Airlines will not be permitted to join 
India's oldest and largest industrial con- 
glomerate in financing a new airline. 

The current policy of Prime Minister 
Inder Kumar GujraJ's cabinet does allow 
foreign investors to own as much as 40 
percent of a domestic carrier — as long as 
those investors are not other airlines. 

In the six years since India abandoned 
a socialist path and opened its door wider 
to private capital from abroad, that door 
has creaked back and forth in the political 
gusts blowing here in the capital, pro- 
ducing inconsistent policies that have be- 
wildered prospective investors. 

Judging from emotional parliamentary 
debates on foreign inves tment, during 
which critics have warned that an influx of 
international capital will put sovereignty 
and security at risk, a million anxieties 
have gripped this country of 950 million 
and smiled economic change. The amount 
of direct investment that has stirred chose 


ors 

fears is relatively low. In each of the last six 
yeare, less than $ 2.5 billion from abroad 
has flowed into a $ 1 trillion economy. Still, 
xenoph obia has been directed at multina- 
tional companies, primarily ones based in 
the United States, India's biggest trading 
partner and largest foreign investor. 

Slowly, you are giving away 
everything to the multinational compa- 
nies/’ Chandra Shekhar, a former prime 
minister, warned Parliament last month. 
‘The way the financial capital of the 
country has been sold to foreigners, the 
way they have captured our industry, is 
enough to hang our heads in shame.” 

“The country is compromising its sov- 
ereignty," Mr. Shekhar said. 

What is it that has bred so much in- 
security in India — a developing nation of 
immense proportions, one with extensive 
natural resources, more skilled technicians 
than any country except the United States, 
the capacity to make nuclear weapons and 
one of the world's largest armies? 

"These are all imaginary fears, a by- 
product of the old command type of econ- 
omy, the Soviet type of thinking,” Man- 
mohan Singh, the finance minister who 
guided the economic changes, said last 
year just before leaving his posL 
"Partly, they are rooted in the ex- 
perience of India — how the East India 
Company came here as a trader and ended 
up as a ruler. But I think over a period of 
time, as our people get more self-con- 
fidence, this fear will disappear.” 

Mr. Gujral, as foreign minister last year, 
urged the formulation of an economic 
strategy suited to India's circ umstan ces, 
just as China entered the global market 
with its own brand of capitalism. But since 
becoming prime minister in April, he has 
not outlined a distinctive Indian strategy. 

Finance Minister Palaniappan Chidam- 
baram, asked to describe the government '5 
strategy for attracting and deploying for- 
eign investment, responded with a lengthy 
recitation of bureaucratic procedures for 
reviewing such proposals, giving the im- 
pression that parliamen tary ambushes bad 
put him on the defensive. "There are 
enough checks and balances to ensure that 
foreign investment does not affect India's 
national interests and is channeled into 
core areas of the economy/’ he said. 



Inner ■I'rcv* 


M an m oh an Singh, former finance minister, says Indians’ fears are rooted 
in the past. Above, Mr. Singh and the U.S. Treasury secretary, Robert 
Rubin, meeting in New Delhi in 1995 to discuss economic reform. 


Last mouth, when support for legis- 
lation to enable private insurers to com- 
pete with government companies col- 
lapsed just before a scheduled vote in 
Parliament, Mr. Gujral withdrew the pro- 
posal. Critics had called for an amend- 
ment to bar foreign insurers from India, 
even though its nationalized companies 
do business in several other countries. 

India was thought to have reached a 
political consensus in favor of foreign 
investment except in consumer goods, 
but that consensus has apparently broken 
down since the defeat last year of the 
Congress (I) Party government of Prime 
Minister P. V. Narasimha Rao. 

It was Mr. Rao, confronted with a short- 
age of foreign currency to pay for essential 
imports in 1991, who opened the economy 
wider to trade and foreign investment But 
disagreements about foreign investment 
have emerged among partners in the 13- 
party coalition that formed the last two 
governments. 

The voices of anxiety roared during a 
recent debate in Parliament on the state of 
the nation after a half-century of inde- 
pendence. Sushma Swaraj, a leader of the 
Hindu nationalist Bharatiya Janata Party, 
accused foreign companies of spoiling 
the nation's youth with high-paying jobs, 
luring them away from careers in the 
military, medicine and engineering. 
“'This is bad for the country/' she said. 

Outside the political realm. Indians 
have grown so accustomed to government 
controls that they have difficulty grasping 
how a market economy works. Several 
affluent Indians at a Delhi dinnerparty at 


first refused to believe an American guest 
who told them foreigners were permitted 
to own farmland in die United States. 

Similarly, V.N. Gadgil, a former in- 
formation and broadcasting minister, was 
stunned to learn that U.S. restrictions on 
foreign ownership of television proper- 
ties do not apply to publications. 

"Any foreigner can buy any news- 
paper in the United States?" he asked in 
disoelief. With few expectations, since 
1 955 India has prohibited foreign compa- 
nies from owning an interest in peri- 
odicals published in the country. 

Mr. Gadgil would make the govern- 
ment’s media policy more consistent by 
also banning foreign ownership of TV 
channels, which he accused of alienating 
young Indians from their cultural roots. 
"All they do is watch MTV and buy 
jeans, Coca-Cola, hamburger,” he said. 
The 35 channels telecast m India have 
created at least 200,000 jobs in six years, 
but he dismissed that as irrelevant. 

Similarly, India's aviation policy has 
become so complicated — with foreign 
investors, except airlines, allowed to own 
40 percent of a domestic carrier — that the 
junior minister of aviation. Jayanthi Nata- 
rajan, declined to defend the policy, adopt- 
ed in January before her appointment. 

Eric Vaz, projects manager for the Tata 
conglomerate, the Indian partner of 
Singapore Airlines, noted that the gov- 
ernment had permitted multinational 
power and telecommunications compa- 
nies to invest directly in those industries. 
“We don’t see any logic why that 
wouldn't apply to airlines,” he said. 


G-7 Meeting Targets 
Tokyo Trade Surplus 

Yen’s Fall Could Lead to Intervention 


By Alan Friedman 

International Herald Tribune 


HONG KONG — Currency mar- 
kets will open for trading Monday in 
the wake of an unusually explicit 
warning from the Group of Seven 
leading industrial nations against an 
“excessive" depreciation of the Jap- 
anese yen that could inflate Tokyo's 
already soaring trade surplus. 

Faced with U.S. concerns that Ja- 
pan's surplus could balloon still fur- 
ther if it tries to export its way out of 
its economic malaise, Tokyo agreed 
to a G-7 weekend statement that 
contained unambiguous language 
rarely seen at such meetings. 

In a meeting here. Treasury Sec- 
retary Robert Rubin of the United 
Stales and his Japanese counterpart. 
Finance Minister Hiroshi Mitsu- 
zuka, discussed the trade surplus, 
Japan’s economic weakness and the 
ride that a large Japanese surplus 
could make it more difficult for 
President Bill Clinton's administra- 
tion to sell the U.S. Congress on its 
proposal to give it authority to ne- 
gotiate international trade accords 
rapidly. This is known as “fast- 
track" legislation. 

The G-7 statement came after 
what Mr. Rubin termed "a rather 
candid discussion" with Japan. 

Officials here said die implicit 
threat of coordinated G-7 interven- 
tion in foreign-exchange markets 10 
prevent the yen from- weakening 
against the dollar was contained in 
the s tandar d phrase that the G-7 had 
“agreed to monitor developments in 
exchange markets and to cooperate 
as appropriate.” France’s finance 
minis ter, Dominique Strauss- Kahn, 
cleared up any ambiguity as to the 
target of the statement. "It is indeed 
the yen that was aimed at," be said. 

A Japanese Finance Ministry of- 
ficial, meanwhile, said the G-7 
statement meant that “an excessive 
fall of the yen is undesirable.” He 
added that Tokyo was not seeking to 
push die yen lower to export its way 
out of its economic difficulties. 

Mr. Rubin told reporters that Mr. 
Mitsuzuka had “reaffirmed Japan’s 
commitment” to containing its trade 


surplus. But he added that Mr. Mit- 
suzuka had “expressed some con- 
cerns about achieving that." 

For his part, Mr. Mitsuzuka ac- 
knowledged that the Japanese econ- 
omy remained weak partly because 
of an increase in the country’s con- 
sumption tax in April. 

Other highlights of the weekend’s 
meetings of the G-7 and the In- 
ternational Monetary Fund included 
the following: 

• The G-7 expressed satisfaction 
with the IMF’s $17.2 billion bailout 
for Thailand and agreed on the im- 
portance of keeping the financial tur- 
moil in the region from spreading and 
on pushing for more transparency 
and better banking supervision. 

In private, however, many offi- 
cials remained skeptical about the 
commitment of Thailand and other 
East Asian nations to serious fi- 
nancial-sector reform. 

• The IMF’s policy-making In- 
terim Committee called for an 
amendment to the Fund's articles of 
operation that would make "Liber- 
alization of capital movements" 
one of the purposes of the IMF. 

• Nearly all G-7 ministers and 
some othei Asian government of- 
ficials poured cold water on a pro- 
posal from the Association of 
South-East Asian Nations to set up a 
multibillion-dollar regional rescue 
fund to supplement the IMF’s fi- 
nancial safety net. Officials said a 
new fund was probably unnecessary 
and could lull governments into a 
false sense of security by making 
them feel they would be bailed out 
of any financial problems. 

• The IMF’s Interim Committee 
on Sunday approved plans to in- 
crease the money provided by 180 
member governments through its 
so-called quota system by 45 per- 
cent, or $88.4 billion, bringing the 
new total to $285 billion. The com- 
mittee also increased the amount of 
the IMF's artificial currency that 
members can call upon, known as 
Special Drawing Rights, by the 
equivalent of $29 biUion. The de- 
cision came three years after the G-7 
and developing nations clashed over 
the issue at a meeting in Madrid. 


CYBERSCAPE 


Internet Providers Keep Eye on Kids 


By Paul Horen 

lmemarwnal Herald Tribune 


P ARIS — The number of children 
logging rat to the Internet has 
grown by 18 percent since 1995, a 
report says. As the on-line marker 
for children continues to expand, more 
companies are attempting to develop it — 
but they face the same restrictions com- 
mon to any product aimed at children. 

According to a study by Emerging 
Technologies Research Group, 14 per- 
* cent of American children, or 9.8 million 
in alL now use the Internet These users 
are 8 to 17 years old, on average, and log 
on three times a week for an average of 
4 J hours. Most do so from home using 
their parents' computer and on-line ser- 
vice, but this is changing as new gov- 
ernment, nonprofit and private initiat- 
ives aim to increase Internet activity at 
schools across the United States. 

As this happens, it is bound to have 
some serious implications for the in- 
dustry as a whole, analysts agree. 

One win be the need for computer 
makers to market a cheaper computer that 
provides full Internet access, word pro- 
cessing and gaming abilities marketed at 
children both in schools and at home. 

& Thomas Miller, vice president of the 
, 7 Emerging Technologies Research 
Group, questions whether tins might not 
be the next wave to push the computer 
industry in the corning years. 

But Ken Frazer, an analyst with 
Dataquest, could only see this happening 
if the increase in demand were extraor- 


dinary dramatic or if the school system 
"became an outlet for computers.” 

The second implication is that content 
providers, companies that sell education- 
al and entertainment products over the 
Internet, will have to develop a business 
model to sell their goods to fee tra- 
ditionally sensitive children's market. 

A big question surrounding children’s 
sites, Mr. Frazer said, is what the ul- 
timate motivation is: Will the sites be 
nonprofit or, as retail traffic further de- 
velops in 1998, will they become in- 
creasingly commercial? 

Appaloosa Interactive Corp. is trying 
to develop this niche by working closely 
with teachers and parents to develop 
content for children that is entertaining 
yet educational. 

Stephen Friedman, co-founder of Ap- 
paloosa, believes that their content is 
perfectly suited to schools. “Our studies 
with teachers and schools are very pos- 
itive,” he said. 

Tire site, called Bonus.com, was de- 
veloped to act something like a school 
field trip: * Tt is fun for kids, and teachers 
do not have to do very much work to 
incorporate it into their curriculum,” 
Mr. Friedman said. The site includes 
almost 900 activities ranging from 
games to interactive trips through the 
prehistoric world of dinosaurs. 

The service has been up and running 
since January and has been attracting 
about 1,000 new users a month. 

Advertisers include Pizza Hut, Mc- 
Graw-Hill, Microsoft, Sega, IBM and 
other companies that aim at families. 


Appaloosa adheres to the same strict 
guidelines that television broadcasters 
must respect when transmitting shows 
for children. Adopting a different ap- 
proach to capture the same market, Walt 
Disney Co. says parents will pay for 
their children to have safe and edu- 
cational on-line entertainment 

In exchange for $4.95 a month in 
subscription fees, Disney Online offers a 
selection of news written daily (often by 
children), jokes, learning pages wife 
Mickey and Minnie Mouse, interactive 
stories and educational games. 

Disney also sells advertising on its site 
and hopes to offer fee site in reseller 
agreements wife major on-line services 
and Internet providers. 

Another company adopting the sub- 


scription approach is Scholastic Coro., 
which charges a yearly fee of $250 for 
individuals and $2,200 for schools. It 
carries no advertising. Scholastic pro- 
grams its content around fee school year, 
offering writing workshops and pages 
feat complement classroom work m ge- 
ography, hisrory and culture. 

On fee other side of the content divide 
are the companies feat market products 
to block inappropriate material. 

The leading filter products are Mi- 
crosystems Software Inc.’s Cyber Patrol, 
Spyglass Inc.’s SurfWatch and Net 
Nanny Software Inc.’s NetNanny. 

Internet address: 

CyberScape@iht.com. 

• Recent technology articles: 

wvi’w.iht xomJIHT ITECHI 


CURRENCY RATES 


Cross Rates 
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Seoul Won’t Save Kia, 
Finance Minister Says 

Bloomberg News 

HONG KONG — Finance Minister Kang Kyong Shik said 
Sunday that South Korea would not intervene in the battle to 
save Kia Group, even as the crisis threatens to derail the 

C ° Creditors of Kia, an automaker wife $1 1 billion of debt it 
cannot repay, are scheduled to meet next Monday to decide 
whether to extend a two-month debt fretae. 

Because Kia’s fate is intertwined wife thousands of sub- 
contractors that could fail if fee company collapses, Seoul is 
under pressure from banks and companies to keep it afloat 
“The oov eminent has nothing to do wife this as Kia is a 
private company,” Mr. Kang said in Hong Kong. The matter 
‘•will be decided in fee market place- 
Mr. Kang, who is also deputy prime minister, said Kia s 
management was continuing to refuse to resign, a key re- 
qSrement of creditors, who want free rein to sell most of its 

t>U \fr C Kane dismissed speculation dial Seoul favors a takeoyer 
by SamsS Group, South Korea’s second-largest in jhstmi 
SndmnSe and a new entrant in fee country s auto mdusuy. 

IpaSy. Mr- Kang said the Bank of Korea would not buy 
wcmlotift the currency from its record low against fee doUar, 
tofes fee market to determine fee exdiange rate The doUar 
rae Fnday to 913.80 won from 909.60 on Thursday. 


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PAGE 12 


INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 

CAPITAL MARKETS ON MONDAY 


It 




Bondholders Beware: The Next Debt Crisis Won’t Be So Easy to Escape 


By Carl Gewirtz 

International Herald Tribune 


PARIS -Under, choose not toh^r 

it, but the message keeps getting re- to ny also emerged unscathed 

peated nonetheless that a global credit 

ovaUohh* at terms fr° m me c™ 15 10 „„ 


sniallapartoftotalmteniationallendmg Funds annual meeting. 

that it was not deemed worth the trouble The hazard is that the private sector 


Amid the turn away from high-risk 

ner underwriters reported heavy de- 

th« triole- A-rated asser-backed 


“We have reached an important mile- said. 


paper from Ford Motor Co. The issuing 
vehicle was Global Dnve, a special- 
purpose company set up to issue in- 
ternationally the company s asset- 


peated nonetneiess mat a grow ~ rh . ~ sis : n Mexico in eariy 1 me nma rather than default, 1 ne saia save io omui »»» w TI7;~..rifu»s its first offerina was 1 

bubble — with money available at terms sunnily ™ed as Fndny. Investors already be too UmDaaa J.P. Mmguutonse UJS. govern®. : paper ;»brle the 

not commensurate with the nsk daSroos false sig- indiscriminate, he indicated, as interest cessive” differences m yields between pnvaety owned Credit Bank billion «b»™m omm yw 

destined to end in tears for the lewl^ fJXdnowSere is a oisis in Thailand rates on some bonds “are so low as to emergrag-maiket bonds and benchmark ^^°^™ji^^ , fe»-yearnotesata ^“l^jji^Sbankofferedi^ 

The Bank for International Settle- nai. Anon support this view.” paper have largely disappeared. sprradof490tesispomts. P 0 ®* over themtCTOanio 

meats has regularly hammered at the because the He said investors would have to share All of this, onfoldmg agamsr a tack- This we^Ka^kstan is scheduled to 

mismatch between the cost of money Tfr e messag mgen financial costs of dealing with ground of greai uncertainty about how offer around $300 million of five-year had beensold, 

and the risk to leudera. and last weekthe 1980s future crises. BuSaJ nSIs quoted much lower benchmark yields can fall, notes thm are to be priced at a 

International Monetary Fund reiterat^ “ mSre d^n^oubling in the past 36 Mr. Fischer as havtog said after his has exposed a growing sense of nsk spread of250 basis points. and die Benelux countries as well, 

its warning that investors must expect m _ whi j e bank lending has speech that the IMF’s goal regarding — — — i^— ■ — — — ' 1 ' 

bear the consequences of theff inv»>* ccmtracted, leaving bonds accounting for certain investors was to “find ways to . .. 

mem decisions and not to be klum u . u[ one -chird of total developing- make them pay” for bad decisions. T 


bear the consequences 
ment decisions and not 


“find ways to 
decisions. 


v „ nurp about one-uuTa or iuuu 

by official lenders such as me imt- country debt. That will make it too large Even private analysts are now cau- 

The worry is that fecinclbolders have co ' the next uonmg dial the recent dramatic lowering 

become reckless because suc h hol dmgs ^ pieceot me proD.enuo of borrowing costs for risky credits - 

have emerged unscathed m nscMJ t P| was ^ mcssa g e dun Stanley driven by private investors sMking to 

^fdebt^ton'SstaStd onba^ F,SU the IMF’s depufy managing dr- maximize income to offset die low 

Most Active International Bonds ~~ 

Ttw 250 mcslaclitfe international bonds traded Rnk Noma <3» «»> "*» «* <»" "““W Prt “ 

through the Euiodear sysieni forUwweek end- _ tad 6 11/12*3 10-J.6900 5.7300 

ing Sept. 19. Prices suppfled by Tetekurs. SlSSonS 6*b 0^1/03 1M.9900 6.3100 Italian Lira 

O' riimnnnv £ 06*^0/16 ^9.&414 6.U2WJ 

Rnk None Cpn Maturity Price V«W Is Germany 6-s 07/15*3 107-3600 iWM 222Wa^ 6K 0 * 01 * 2102.1300 6.1200 


Rally Is Looking Like a Bandwagon 


Bloomberg Sews 

NEW YORK — The biggest bond 


lysts said rates could fail further if large 
holders of mortgage securities started 


rally since August 1996 is likely to moving into Treason issues on concern 


Belgian Franc 

214 Belgium 7 04 / 39/9 9 1043300 6JOOO 

248 Belgium 7 05 / 15*6 109 S 500 43700 

British Pound 

116 Pln.For Res 8 J 49 ° 09 / 3 <V 50 1433000 53300 

167 Abbey Nuttawl 6 oan 0/99 973750 6 . 1 300 

168 Britain 714 12 AJ 7/07 10433 10 6.9400 

170 World Bonk 6 . 10000 ^ 17/00 973750 63300 
244 N 0 tW«t 7V» 09 / 09/15 102.7500 73600 

Canadian Dollar 

191 Canada 7 Vi 06 / 01/07 110.6000 63600 


Rok None 

89 Treuhand 
91 Treuhand 
94 Germany 
98 Germany 
101 Germany 
104 Germany 

11 6 Treuhand fwi * 05.9484 6.6100 

fTM 6 <- 03 * 04-04 105.3031 5.9400 

IMGSmany 6 a« OSflOM lOl.WOO 63500 

125 Germany 5 '* 02 / 25^8 100 . 78.3 £3100 

130 Germany S'- 1 ^ 20-98 1013 b 25 5.1600 

IMGemwny 5 Ji 0&2098 101.9200 5.6400 

1 a Germany 7 WOW 100.9000 6.9400 

1 M Germany M 08 / 14,98 102 ^-SOO 63200 

135 Treuhand 6'.1 03 . 2*98 J 0*-2500 6.0400 

138 OK 8 5 ^* 09 * 12-07 100.7550 5.7100 

139 Treuhand 6 'i 07 ^ 29-99 104.0000 63100 

tfCmnr «*» 017098 101.0300 6J600 

148 Germwiy SP zero 01 .WW 18 V. 63700 

149 Germany 6 ’i 02 , 20.98 101.1300 6.1800 

153 Germany 8 } < OS/ 22'00 1113300 73800 

165 Germany Thills zero 01 , 16/98 9 S. 59 S 3 11100 

176 LB Berlin FRN zero S& 25-95 953321 0.0000 

179 Cap Credit Card 5 b 08 / 1 5 r 01 1025*72 5.4800 

196 Germany 6 b 06 , 21*99 104.6500 6^500 

202 Treuhand 51 , 0479.99 102.5333 53900 

204 Treuhand 6 '.a 06.25 76 101.9530 6.0100 

209 Germany Pti zero 07 . 0 J .-27 14.9500 63800 

211 Germany 6 0 J- 20 / 9 S 101.4343 5.9200 

21 SFreisBcyem 6 IPGO '06 102.8600 53300 

223 Germany FRN 1046009/3034 593000 10700 
225 Germany 7 » 12 / 20.99 1063500 6.7000 

227 NorskeBnRFRN 33391 09 . 15-00 59.7424 33000 
229 Germany FRN 2 . 95000 J/ 06/00 59.7030 2.9600 
232 Germany 7 092099 1053200 6.6300 


Cpn Wafurify Price YieW 

6 11 / 12,03 104.6900 5.7300 
A7/ t 06 / 11/03 108.9900 6.3100 

6 06 - 20/16 99.6414 6.0200 
6 “- 0m 5(03 1073600 6.0600 

7 01 / 11-00 106.2200 63900 
615 01 / 02/99 1033100 63900 
Sly 02 / 22,99 102.1300 53600 

7 11 / 25/99 105.9484 6.6100 

6 >j 03 * 04-04 105.3031 5.9400 


Cpn Mammy Price Yield 


Italian Lina 


6 fc 03/01/02 102.1300 6.1200 


Japanese Yen 


Danish Krone 

6 Dertmorfc 8 03 / 15/06 11 X 6200 7.0400 

9 Den mark 7 11 / 15/07 106.8000 6 S 500 

17 Denmark 9 11 / 1 MXJ 111.6800 8.0603 

20 Denmark 8 11 / 15,01 110^0 73500 

22 Denmark 6 12 / 10/99 102^100 5 S 400 

32 Denmark 7 I 2 / 1 S/W 107 J 1 00 63100 

37 Denmark 7 11 / 10/24 1033700 6.7600 

50 Denmark 8 - 05 / 75/03 T 12 L 3700 7.1200 

59 Denmark 9 11/1598 105.1300 83600 

59 Denmark 6 1 1 / 1 V 02 1014800 5.8000 

86 Denmark 6 02 / 1 S/99 1023500 53600 

90 Nykredrt 3 Cs 6 10 / 01/26 924500 64900 
95 Real Kredlt 6 10 / 01/24 923300 64900 

103 Denmark 7 02 / 15/98 101.1500 6.9200 

151 Denmark 4 02 / 15/00 98.9300 4.0400 

155 Nykredli 7 10 - 01/29 96.7500 73400 

199 Denmark Thills zero 02 / 02/98 983288 3.7200 
2 Q 5 Deals Rn Neth zero 71 / 18/26 12.0250 73300 
207 Realkredit Dan 7 10 / 01/29 97.1000 73100 

Deutsche Mark 

1 Germany 6 01/04/07 102.0402 53800 

2 Germany £ 01 / 04/07 1023500 53500 

3 Germany 8 0702m 1114200 7.0500 

7 Treuhand n> 1102/02 1W1453 7.0700 

8 Germany 6'> 04/26TO6 105.3SDO 5.9300 

10 Germany 6 ’j 05 / 1^05 109.4500 63800 

11 Germany 4 h 05 / 17/02 993260 43400 

12 Bundesodligatian A'l 02 / 22/02 994520 43200 


169 Spain 
172 World Bank 
233 NTT 


3 . 1000 (KWQW 1043081 2.9700 
416 03 / 20/03 115 % 18900 

2 Vs 07 / 25/07 1023500 23400 


Spanish Peseta 


124 Spain 
137 Spain 
242 Spain Bonos 


7 . 900002 / 28/02 1103980 7.1800 
6 V 04 / 15/00 104.1430 6^800 
5 U 01 / 31/03 97-4950 53800 


Swedish Krona 


63 Sweden 
180 Sweden 1037 
135 Sweden 1036 

U.S. Dollar 


11 01 / 21/99 107.7250 103100 
8 08 / 154)7 1133988 73400 

1014 0 5W00 111.7950 9.1700 


4 Argerfflno par L 5 kj 0391/23 743034 73900 

5 Brazil Cap S.L 41 * 04 / 15/14 96.1366 4^800 

!3 Argentine IIU 01 / 30/17 1163667 9.7600 

!4 Brazil 10 V* 03,1527 98.9651 103300 

3 Mexico 11 Vi 05 / 15/26 1203381 93400 

18 Arg Br FRN 6b 03,79/05 923691 739 00 

4 Brazil L FRN 6 7 i 04 / 15/06 92.1294 73600 


232 Germany 
237 Germany 

244 Germany 

245 Germany 


6 0 ZW 53 101.0500 5.9400 
5b 05 . 28/99 102.9300 53900 
6 -i 01 7008 100.9525 63100 


Dutch Guilder 


13 Germany 
U Treuhand 

15 Germany 

16 Germany 

18 Treuhand 

19 Germany 
21 Germany 94 

26 Germany 

27 Germany 

29 Germany 

30 Treuhand 

31 Germany 

33 Germany 

34 Germany 

35 Germany 

36 Germany 

38 Germany 

39 Germany 

40 Germany 

41 Germany 

42 Germany 

43 Treuhand 
45 Germany 
J 7 Germany 
48 Germany 

54 Treuhand 

55 Treuhand 

56 Germany 

60 Germany 

61 Germany 

62 Treuhond 

65 Germany 

66 Germany 

67 Germany 

70 Germany 

71 Treuhand 

72 Germany 
75 Germany 

77 Germany 

78 Germany 

79 Germany 

80 Germany 

82 Germany 

83 Treuhand 

84 Germany 

85 Germany 


e 01 / 21/02 1123500 7.1109 
Tz 09/09/04 112.9600 63400 
&■-. 07/04/27 103.9800 6-2500 
3 V, 00 / 18/99 993900 33200 
7 H 10 / 01/02 1123888 6.8500 
3 -i 09 / 18/98 99.9600 33000 
6 -i 01 , 04,74 100.7217 63 T 00 
6'\ 10 , 14/05 107.1000 60700 
3 -« 03 / 19/99 993700 3 7500 
5 0 S- 21 ri)l 101.7300 4.5100 
7 . 01 . 79,-03 109.9700 bjiBLO 
n» OI/OMS TT 230 635 C 0 
£ 01 , 05.06 103.7667 5.7200 

e-j oaTa-oi 1143700 73400 

D 02 / 16/06 103.7600 5 . 7 E 00 
9 11704)0 112.9100 7.9700 

4 VS 1 l.TO.'Ol 100.4100 4.7300 
7 >« 10 , 71,-02 1103800 63700 
BVk 09 / 2 at!l 112.9333 73100 
6 W 03/1 S /00 1053925 6.1700 
81 * 1270.00 113.0500 73500 
6Xa 07 / 09/03 107.8000 6.1500 
51 - 08 / 22/00 103.7100 53400 

5 08 / 20/01 1013100 4.9300 
6M 04 / 22/03 108.1271 63400 
614 05 / 13*4 1083375 63100 
616 04 / 23*3 107.1400 6.0700 
59 k 05715*0 103.9633 53500 
6 V* 05 / 20/99 1033000 5.9200 

6 09 / 15*3 1053038 5.7100 
646 07 * 1/99 1043600 6.1300 

9 01 / 22*1 1136700 7.9200 
SVt 11 / 21*0 102.1000 5.0200 
8 V, 02 / 20*1 110.4976 73900 
6 Vi 09 / 15/99 105.1900 6 J 200 
5 13/17/93 1013600 4.9200 

7 W 12 / 20*2 109.9725 64800 
8 % 07 / 20*0 1115200 7.8500 
8 V, 08 / 21/00 111.0700 73500 
3«6 12 / 18/98 99.7300 33100 
7Vr 11/11/04 1131800 63300 
6 U 07 / 15*4 1083967 63000 
BVl 05 / 21*1 1125400 74400 
M 09 / 24*8 101.9500 5 3200 
516 02 / 21*1 1023800 5.1300 
4 * 1 r 12*298 1033200 63300 


51 Netherlands 
68 Netherfands 
74 Netherlands 
SS Netherlands 
93 Netherlands 
9 a Netherlands 
100 Netherlands 
110 Netherlands 
117 Netherfcnds 
7 23 Netherlands 
127 Netherlands 
140 Netherlands 
14 ! Netherlands 
14 £ Nethericnds 
146 Netherlands 
ISO Netherlands 
15 J Netherlands 
157 Netherlands 

163 Netherlands 

164 Neth Thills 
177 Netherlands 
i 78 Netherlands 
133 Euro Mortgage 
137 Netherlands 


5 ^, 0215*7 1020000 5.6400 
6 -< 07,15 95 102.9500 6.1300 
7 06 . 15,05 1103500 6.3300 
5 ; . 09 , 15.02 1033500 53400 
6 b 1113*5 1 C 9 D 000 6.1900 
9 01-15 01 113.45 7.9300 

Ti 01 , 15.-23 117.45 63900 

8 ’t 03 , 15*1 112^0 73600 

6 z 07 . 15.-96 1 02.1500 63600 

o’.i 0671502 1143500 73100 
7 't 0615.99 705.6000 7.1000 
Vx 01 / 15*0 1073000 73100 
fi'-T 04 . 15*3 1073500 6.0500 
S : ? 06 .W C 6 121.1000 7.0200 
5 ‘-j 0215132 11370 7.2600 

7 03.1 £- 3 ? 1042000 6 7200 
5?i 01 15*4 103.4500 53600 

7 0215.03 109.6500 63800 


23 Argentina 

24 Brazil 

25 Mexico 
28 ArgBr FRN 
44 Brazil L FRN 

46 Venezuela par/. _ 

49 Venezuela FRN 6 ** 12 / 18*7 943830 7.1300 

52 Mexico 6b 12 / 31/19 02.7500 73500 

53 Brazil FRN 6** 01/01/01 99.1250 63700 

57 Brazil par Zl 5<4 04 / 15/24 733686 7.1600 

69 Bulgaria FRN 6 A- 07 / 28/1 1 793250 8-4000 

73 Ecuador par 31 - 02 * 8/25 55.7500 63800 

76 Brazil S 3 I FRN e. I 04 / 15*4 873188 73800 

81 Mexico 6 ’i 12 - 31/19 S 2 J 500 73500 

87 Russian 10 06 , 26*7 1053620 93000 

92 Argentina FRN 6 *i 03 / 31/23 913625 73100 

97 Brazil S.L FRN 6 *• 04 / 15/12 833100 8.3300 
99 Buiqaria FRN 6 n i 07 / 28*4 793438 83800 
02 Mexico 9*1 01 / 15*7 1073750 93000 


continue as investors seek to keep pace 
with a market driven hi ghe r bv bener- 
than-expected news on inflation. 

Investors and speculators rushed to 
buy bonds last week to avoid being left 
behind after a string of reports showing 
the U.S. economy growing with little 
inflation, analysts said. 

“People were caught a little short 
going into the last set of numbers," 
Scott Giannis of Western Asset Man- 
agement in Pasadena, California, said. 

I ‘They were expecting stronger growth 
and a pickup in inflation, but we didn't 
see either.” 

The outlook for low inflation is 
likely to push bond prices still higher 
and yields lower as bond-fund man- 
agers who had been bearish are forced 
to buy securities with longer maturities 
or risk tr ailing their peers in perfor- 
mance rankings, some analysis said. 

The yield on the 30-year Treasury 
bond has tumbled by mare than a 
quarter of a percentage point since Sept. 

I I as retail-sales rfata and the monthly 
consumer and producer pice indexes 


that lower borrowing rates will prompt 
homeowners to refinance their loans. 
Mortgage bonds would be likely to de- 
dine in value more quaddy tban^ Treasury 
hoods because they would be considered 
more likely io be redeemed eariy. 

Sales of mortgage bonds for Treas- 
ury issues have not amounted bo much 
yet, botthat could change quickly as die 
yield on 1 0-year Treasury notes, which 

U.S. CREDIT MARKETS 

serves as a benchmark in the mortgage 
market, moves closer to 6 percent, said 
Richard Schwartz, a bond-fund man- 


finance older securities, and other 
transactions are in the works: . 

Investment bankers and fund man- 
agers said they expected a rush of new 
corporate bond sales as borrowing 
costs felL ‘'The potential calendar is 
there,” said Curt Shambaugh, a cor- 
porate bond strategist at Credit Suisse 
First Boston. “Everyone’s taBring to 
every treasurer I know.” 

Driving all the activity is! the U.S. 
inflation rate. While many analysts and 
investors worried that it would be ac- 
celerating by now, it has remainedaz its 
lowest level in more than, a decade and 
shows no signs of picking up. 

In the first eight months of the year, 
consumer prices rose at an annnal rate 
of 1.6 percent, half the rise in the same 


ager with New York Life Asset Man- period last year. Slow inflation is good 


agement in Parsippany, New Jersey. 

If the 10-year yield — currently at 


news for bondholders because it means 
toe bonds’ fixed payments will hold 


6.08percem — readies 6.00 percent, the more of their value. 


rush from mortgage to Treasury issues 
could trigger another significant drop in 
bond yields, Mr. Schwartz said. 

Lower interest rates already are 
leading to an increase in refinancings 
by municipalities, which often bay 
Treasury securities to invest the pro- 


Some analysts predicted that bond 
prices would continue to climb in toe 
weeks ahead as investors grew more 
comfortable with yields near seven- 
week lows. 

“People are terrified at these levels 
because it's been toe point where toe 


eased concern that the Federal Reserve ceeds of their bond refinancings if the market's sold off in the past,” Mr. Gran- 
Board would raise interest rates soon. older issues cannot be redeemed before nis of Western Asset said. But he said 
The yield on the benchmark Treasury a certain date. More thrar a dozen state that this time around, yields could fall 
bond fell to 637 peroenr last week from and local issuers took advantage of last toward 6 percent because “toe inflation 
6.59 percent the week before, and ana- week's reduced borrowing rates to re- fundamentals are so much improved.” 


New International Bend Issues 


105 jaaan Highway 6b 09/17*7 1013250 63400 Compiled by Charlotte Sector 


107 PanamO FRN 
109 Italy 


4 07 / 17/16 883500 43300 
61 * 09 / 27/23 993000 6.9100 


157 Netherlands 7 02 , 15*3 109.6500 63800 

1 6 S Netherlands Sr- 0215,99 1033500 63100 

164 Neth Thills zero 11 , 75?7 58.7613 63200 

177 Netherlands T-. OtlfilO 1 16.1500 63400 

178 Netherlands 7 ^ 03 * 1*5 115.0500 6.7400 

1 33 E uro Mortgage Pi 09 , 1 7/47 1 05.4453 53700 

137 Netherlands Bb 02 / 15/00 1 03.8500 73800 

183 Netherlands SP zero 01 / 15.23 19 1 . 63100 

193 Netherlands 6 '* 01 . 15/99 103.1500 6.3000 

195 Netherlands 9 05 / 15/00 111.45 8 . 0 SOO 

198 Netherlands £>« 10 * 1,73 1023700 63600 

200 Neth Tfc.lte zero 10 * 1/77 993526 3.0000 

206 Netherlands 6 01 / 15*6 101.1000 5.7600 

210 Netherlands Bb 05 * 1*0 1103500 7.9100 

220 Merrill Lynch zero 09 / 26/97 119 "? 0.0000 

238 Netherlands 7 05 / 15/99 1043600 66900 

Finnish Marftka 

114 Fhilond Serial s 7 U 04 / 18*6 1093204 63000 
21 2 Finland sr 1999 11 01 / 15/99 108 . 799710.1100 


French Franc 

144 France BT AN tb 04 / 12/99 1014700 4.6900 


111 Venezuela par B 6b 03/31/30 88.0005 737 D 0 

112 Ecuador FRN 3 U 02 / 28/15 733466 4.4200 

115 Mexico B FRN zero 12 * 1,19 97.9844 03000 

120 Paramo 3b 07 / 17/14 78.7500 4.7600 

121 Mexico 113-8 09 / 15/16 117 Vz 93800 

126 Ecuador FRN 6 ” » 02/28,75 30.8750 32700 

128 Mexico A FRN 6 - 867212 - 31/19 95.1875 72100 

129 Korea Dev Bk 7 U 05 / 15*6 993149 73800 

131 Brazil S.L FRN 6** 04 / 15*9 88.1300 73700 

136 Venezuela FRN 6 ^» 03 / 31*0 94.0000 73500 

142 Korea Dev Bk T* 09/17/01 99.7000 7.1 500 

143 Pem Front 3 lk 03 * 7/17 628125 . 5.1700 

152 Vattenfall zero 08 * 5/98 943771 6.7800 

156 Toyota Motor 6 b 07 / 22*2 101.1750 6.1800 

158 Argentina FRN 5 *» 04 * 1*1 11 63904 43300 

159 Brazil Chord S.L 4V; 0 * 15/74 95.9608 439 00 


Amount 

(miB/ons) 


Roofing Rote Notes 

CNCPWKBK International 
Finance 


161 Bco Com Ext. 

162 Canada FRN 
163 MexicoD FRN 
166 Peru Pdi 

171 Poland Inter 
173 Chrysler Fin 


7 U 02 * 2*4 943000 73700 
5 % 02 / 10/99 993300 53100 
6*14 12 / 28/19 95.4636 7.1400 
4 03 * 7/17 673000 5.9300 

4 1 IVZ 7/14 86.1563 43400 

6 s * 06/26/00 100.7500 63800 


Kookmin Bank 


TCWGem II 


Turquoise Funding 
J.LS. No. 2 
Global Drive 


Coop. 

% Price 


0.16 99.96 
-a 100J30 


2012 0325 99365 — 


— Over Smooth U&or. NowaflaMe. Fees Q.I 2 SW. (C uwu MntwnU 


— Over 6-month Libor. NanarikMe. Fees 0.10W. (Mitsubishi UtfU 

~ OterlmonHi Lftar. Reoffend at 9955. Redeemable atparftam I 9 ML Fees 0085 %. CABN~ 

AMRO Home Govett) 

— Over 6 -raonlti Libor. CaBabl* at por A 1999 . Abo 3643 aiBBaibpayfi* wnfabiefataKsr and S 60 
mUan. paying 1 >6 ovc L 8 ior. Fees 040 %. (GoMman SacM liidU 


174 BgbFbl Ireland 6 * 03 / 19*1 100*000 63500 Fufnnw , n Investment Bonk 
i 7 *:ranp<; *u> qviijto too R 7 *a ajaoo European i nvesiment Bank 


175 CADES 

181 Poland FRN 

1 82 Korea Dev Bk 


6 fc 03 / 11*2 1003750 63400 
6 % 1 Q/ 27/24 973000 7.0900 
7Vt 09 / 17*4 993500 73200 


184 France Tefecoro zero 12 * 5*7 98.7860 53600 
186 Commerzbk 5393301 / 29*1 993100 5.6200 
190 Mydfa FRN 6V* 09 * 9*7 86.7356 7 J 100 
IWIftJlyFRN 539380512*2 99.9300 53000 
194 Cacacolo Amatil 6 W 09 * 4*3 1003000 64700 


Wortd Bank 


Sanwo Finance* 


£150 

DM 7,000 

ITLSOOOOO 

ITL 30 ft 000 


0.14 100*0 — Over l-morth L»or. Noncollobte. Fees 03B%(GoWman Sachs InTU 

0.18 99.94 — Over6montti LAor. NoncnDaMe. FeesA15% (MBsutrisM tntl) . 

0J)6 1 0030 — OmZ-axmPi LBwr. Nwtcoflabte. Fe« 0.1755%. Denominations 100,000 marts. tJJ>. Morgan 

SiLeiUei 7 

035 100.13 — Under 3 -month Ubar. ReoReredaTWAS. Fees 029 % (BNPJ 

w 101.575 — interest mil be 'imer3-arortthL3borunO 1993 when Issue bcmiMn at poo Ihenafler a fteed 

Fees I’Vfc. {Sanwa IntU 

Y2 15,000 perpt 0.70 100.00 — Interest wtll be 0J0 over 6-montti Libar on* 2002 when towels cotoble ut par, Mover w«tB 

2007, thereafter 2 over. Fees 030% (Sanwa iirft) 


197 Bulgaria 
201 NTT 


21 * 07 / 28/12 62.7813 33800 
6b 05 / 16*2 1023747 63000 


203 Oeut Ausgleichs 6 W 09 / 16*2 1003909 63500 


64 Fiance OAT 
106 Britain T-bills 
108 Fiance OAT 
189 France BTAN 


5 Vt 04 / 25*7 97.7000 5 3300 
Zero 12 / 11/97 99.0415 43200 
6 04 / 25*4 1033500 5.7900 
5 03 / 1&/99 100 . 74 Q 0 4.9600 


208 France B.TAN. 07 / 12*2 97.7300 4.6000 
224 France B.T AN. & 03 / 16*1 103.8500 5.7800 


235 France OAT 
239 France OAT 
250 France OAT 

Irish Punt 


ou 04 / 25/22 1233300 6.6800 
7 V? 04 / 25*5 112.1300 6.6900 
614 04 / 25*2 106.7600 6.3200 


6 U 10 / 18*4 102.6157 6.0900 


21 3 Russia 

215 Philippines Fix 

21 6 Sigma Rn 

21 7 Ford Motor 
21 9 Argentina 
221 Panama 
226 Italy 

228 Argentina 
230 PetroHom Nas 
231 Britain FRN 
234 Arg Bonfes 
236 Venezuela FRN 
240 Pemex 
243 Ontario 
247 Brazil 
249 Rnland 


Fixed-Coupons 

Bnnll Nalionnl Development 
Bank 

Depfa Bank Europe 


— NoncaDobta. Fees not available. (Onse MuriiaKaO 


9U 11/27/01 1023506 9.0400 

8 * 10 * 7/16 1003779 17400 Depfa Bank Euro 
61 * 07 * 3*0 101.1250 63300 

6350009 / 10*2 1003250 65100 - 

816 12 / 20*3 101.0076 83900 Hokuriku Electric 

7Vi 02/13/02 7005000 73400 

9 % 03 * 1/99 105.1250 9 .i 6 oa IBM Inti Finance 

11 10 * 9*6 lUVi 9.6400 s~ — .■■■ 

7 Vi ion 8*6 993750 7.1700 ITT Publimedia 

5531 3 1 0 * 4*1 99.9500 55300 Intwwitlnnnl Clnnnra 

8 -M 05 * 9*2 r 023433 85700 Jnlemalionol Rnonce 

6*4 03 / 10*7 94.6900 7.1300 IB Baden Wuerttembert] 

9 06 * 1*7 100.0000 93000 lb oaoen wuenremperg 

f SS 5 $ New Zealand 

6 09 / 15/13 803333 74200 

rn 07 * 8*4 1085250 73 S 00 Nizhny Novgorod 


5 Vj TO! -85 - 


Interest wS be 5 Vi% until 199 R 6 - 6 % urtd 1999 . 7% untfl 2000 , ttier«afler 8 % Nonarilable. Fees 
2 %{DGBankJ 


The Week Ahead: World Economic Calendar, Sept. 22-26 

A sefrodute of rths week’s acorurnic and ftianciflleveras. wnuxted tor the /ntematMnalHarBWTnoufie by Bloami>e/g Business News. 


2007 6 ^ 99.821 99 JO NonaiUabie. Fees 035 %. (Morgan StanJeyJ 

2000 6 V 4 101.028 100.18 Reoffered at 993 S 3 . NanmOable. Fes TWktABN-AMROHoareGovetg 

2007 9 ^ “ 100.00 — SefiMimuolty. CaSabJeat 10459 In 2002 . Fees 3 %. (Goidmon SadeJ 

2001 6 101.092 9955 ^ 

2000 5.62 1 00.00 = Noncollobte. Fees 1 %. OBJ MU " 

2004 6Vi 101^92 99.63 Reofte^at 99 J 17 . NonoaUable. Fees 17 *%. Worgtm Stanley Irdl) 

2002 55 99.742 9950 Seroiannuafly. Noncattable. Fees 1 %. Denondnofcns SI 0000 . (ING Barings.) 

2027 BVt 99582 — NoncofloNe. Fees 0375 %. (BancBaston Securittas^ 


Asia-Pacific 

Expected Hong Kong: The World Bank and 
This Week the International Monetary Fund’s 
annual meeting. Through Tuesday. 
Subic, Philippines: Annual nation- 
al conference of the Personnel Man- 
agement Association of the Philip- 
pines. Wednesday through Friday. 


Tuesday 
Sept 23 


Monday Taipei: Export orders and industrial 
Sept 22 production index for August. 

Tokyo: Economic Planning Agency 
to issue diffusion index of economic 
conditions for July. 

Wellington: Total labor costs for 
April-June quarter, 

Tuesday Kuwait: Emergency meeting of the 

Sept 23 Olympic council of Asia to review 
whether Thailand can play host to 
the 1998 Asian Games. 

Taipei: Jobless rate tor August 
Wellington: Hourly and weekly 
wages for March-May quarter. 

Wednesday Manila: General Motors Automo- 
Sept 24 biles Philippines introduces the 
Opel brand in toe Philippines. 

Seoul: Korea First Bank holds third 
round of bids to sell Woosung Con- 
struction, which is under court re- 
ceivership. 

Thursday Sydney: Business expectations sur- 
SepL 25 vey data for December 1997 and 
September 1998 and job vacancies 
and overtime data for August. 
Taipei: Money supply and foreign 
reserves for August. 

Friday Tokyo: Crude-oil imports for Au- 
Sept. 26 9ust Management and Coordina- 
tion Agency to issue Tokyo con- 
sumer price index for September. 
Wellington: Gross domestic prod- 
uct for AprikJune quarter. 


Europe 

Bratislava, Slovakia: Conference 
on "Investing in Slovakia." 

Paris: Organization for Economic 
Cooperation and Development meet- 
ing on banks and privatization. Mon- 
day and Tuesday. 

Earnings expected: Eurotunnel 
PLC. Groupe Bruxelles Lambert 

Copenhagen: Consumer price in- 
dex for August. 

Paris: France Telecom begins 
stock-sale presentation to investors, 
who can start reserving shares. 
Prague: Trade data for August 

Helsinki: Gross domestic product 
for second quarter. 

Oslo: Retail sales for August and 
current-account data for July. 
Stockholm; Riksbank to issue quar- 
terly inflation report and set secu- 
res repurchase rate. 

Lisbon: Bank of Portugal to set 
benchmark rates. 

Paris: Cabinet to decide 1998 bud- 
get; data on household consump- 
tion of manufactured goods for July 
and August. 


Copenhagen: Consumer price in- 
dex for August. 

Helsinki: Jobless data for August 
Madrid: Jobless data for July. 

Oslo: Jobless data for September. 
Pans: Consumer price index for Au- 
gust. 

Paris: Trade data for July. 

Earnings expected: Baloise Insur- 
ance. 


Americas 

Long Beach, California: American 
Bankers Association’s Bank Card 
Conference. Through Tuesday. 
Montreal: Conference on privacy, 
including workshop on “Privacy and 
media.” Tuesday to Friday. 
Pittsburgh: AFL-CIO’s biennial con- 
vention. Through Thursday. 

Mexico City: Retail and wholesale 
sales data for July. 

Ottawa: Quarterly tourism indica- 
tors. 

Washington: Weekly report on 
planting progress for seven crops. 


People's Bank Credff Card 
Master Trust 

Russian Credit Bank 

Suecfwest LBCapttal 

Markets 

Swedish Export Credit 
Turkey 

Wuertti Rnonce 
International 

General Electric Capital 
Corp, 

Beta Finance 
ITT Pro media 
Stadfsparfcasse Kodn 

Stockholm 
Chose Manhattan 
Depfa Bank 


S425 2004 0.12 100.00 — Over l^nanth Ubor. Average Gfe 439 yeats. Also S3X75ndBon paying 032 over LB»r. Fees not 

gvoBabte. US’. Morgan SecurffiesJ 

5200 2000 10 % 98.6715 — Sem ta mwa t ty. NoncoHnbta. Fees 1 %. (Credit Agriccle IndosuezJ 

5200 1999 4 W 9834 97^40 ReoBered * 97 . 24 . NonatliobbL Fees 1 (Pnfne Webber Inti) 

5500 2000 fiVa 100.9275 100*0 RtoflereH at 9974 . NoncnBabte. Fees 1 W6. (Nomura Inti) 

5600 2007 1 0 100.00 101 % NooadtaWt Fees 1 %. (Morgan Stanley Inti) " : 

5100 2004 6Vt 99367 99.95 Noncalloble. Fees 0375 %. (Deutsche Morgan GrenfetL) " 

£100 2002 7 101.015 — ReofleraO at 9939 . Noncalloble. Fees l W&. ENBcko EurapeJ 

DM 250 2003 5 W 101 >19 99.60 

DM 575 2007 Ws 100.00 — CaffnbteaM 04562 to 2001 Fees 3 %. tGolOroan SochsJ 

2007 5 « 102.123 99.66 mt^be reaenominotert Into euro after EMU. F«« 3 %. 

DA /1200 2001 ~4Wi 101 % — Nonafllabte. Fees 2 . 15 %. (DGZ Bankj 

FF 1,200 2009 6Vn 99564 — N PfiaaKate. Fees 0 * 0 %. (Chase MarrhtfjnnJ 

ITL 15 OO 00 “2002 6 101.655 99.90 be until 1999 , when bsue b atfabte at wltenxfteiu*. Fee* 1 W*, fCrecflto 


— — Ford Credit Canada ITL200000 2002 6 101.655 99.90 Nanoallable. Fees lift. (Deutsche Morse* Gren^ 

,nduStrial pr0dUCtk3n Generale Bank df 250 ~2007 6 loalT 9930 No^c aiKUite. (Genw ^ 

Mexico Citv: Fore fan-reserves lev- ING Bank DF750 2 007 l 101505 II Reoffered ot 99 . 93 . Nsncoltable. Fees ML (ING Borings.) 

els. Bayerlscfie Landesacnk DK800 2002 5Vt 10050 Nomnlfabfe. Fees 1WW. (Generate BwJO 

^i^r«^“. aver ' gs* |mw i" Naaw m 7 ^ 


Buenos Aires: Supermarket sales 
for August 

Mexico City: Inflation rate for the 
first two weeks of September. 
Ottawa: International securities 
transactions data for July. 

Earnings expected: Corel. 

Mexico City: Manufacturing output 
for July. 

Washington: Durable-goods orders 
for August; initial weekly state un- 
employment compensation insur- 
ance claims. 

Earnings expected: Cognos. 

Ann Arbor, Michigan: University of 
Michigan to issue its index of con- 
sumer sentiment for September. 
Washington: Final estimate of eco- 
nomic growth for the second quarter. 
Earnings expected: Banco do 
Brasil. 


European Investment Bortk HKSl^OO 2001 &308 100.00 — QuarteiN.NWOTttab<B.F^ 2 Wft.(HSBCMa» 1 « 1 x 3 

Last Week's Markets Euromarts 


Stock Indexes 

United Slates Sept. 19 
1 16121 
s °i® iK 

5&P500 ,W0J0 

SiPlnd 1.111.9* 
NYSE CD 49656 

Nasdaq Cp 1,680 57 

S?W225 1MS8JJ 
Britain 

FflTlOO i02330 


SflpLW stetrao 

7.747.97 + 22S 

22950 + 0.70 

3.038.98 + 5^ 

984.94 + 2^ 

92141 +238 

14383,71 ♦ 250 

48350 +2.74 

1^4934 * 138 

17,96530 +051 


434830 +362 


rid us. 6982.70 673930 +WI 

c 

jj 2 , 977.18 2334.07 + 5.05 


4402.97 18S4J1 + 462 

14384.13 14^7046 -060 

949.15 92336 *2.79 


Money Rates 

Unttod States SepL 19 Sept. 12 

wswuntrate 5JM 5JJ0 

Federal funds rate SH SVi 

Japan 

050 OJO 

tall mono* n.Aj rrjp 

3-nwntti Interbank 054 052 

Britain 

tjant ba» rate 700 jm 

is 

France 

Intel vontign rate 3.ID 3 in 

g*"gw » 3 w &Z 

3-™nttiinlertwnlc 3V* 3^^ 

Germany 

Lombard 4«n , cn 

Ca« money 3^ 3^ 

3-rawitti interbank 331 3 jj 

GSM Sopt. 19 Sept. 13 >». ch'ge 

London p m. (1x5 323.00 321*5 +042 


Eurobond Yields 


SteH-IVSteLIZYrHSi vtlnr 


U5. 5, long term 
U5.S,mdmtenn 
U5. S, short Iwm 
Pounds sterling 
French Francs 
tftAanlire 
Danish tanner 
Swedish kroner 
ICUMonotonn 
ECUst mdmtorm 

Can. J 
Airs. S 
NiS 
Yen 


650 650 
624 629 
6.04 6M 
7.19 7.13 
452 4.96 
556 6.10 
558 564 
5/35 534 
5.96 640 
556 557 

fS S* 

5.99 5.98 
7.10 737 
169 156 


7j09 648 
6.04 609 
651 5.96 
7JS 7j09 
5J35 466 
1J9 5.96 
553 5 26 
462 
SM 

651 553 
7-86 5.95 
859 6.96 
2.15 149 


SowtsLarentbourg stock exehonge. 


Weekly Sates 

PrimonrMoilMt ■ 

SflffSi 655351 — 

lg_4 Ss fflM ijR 

Coorerl. 1.0 285 

crS 8 »76 15866 Je? 

tSi 1J 019 - 2 7,9545 1(1757.7 omH 

Total 124 IM ftl9M 126445 125W6 
Swwiooa'Atatof 

FHNs 165365 7^955 4h5S7S 
tS. 12,9084 26655.9 pt^Tn^ 

Total 57*953 37,291 61 649993 5^6 
SoonxEomdeat Cedet Bonk. 


Libor Rates 


World Mer from Morgan Stanley Capital Mi Perspective 


DcJMteraork ’ S 3l? ^ ^ftunc ™ ^ ^ # 


















































































PAGE 14 


INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 


/ . I 

,p" - 


.. . - 








■“■■'■ " 


RECRUITMENT 


THE BODY SHOP 

Marketing Communications Manager 

To susiain ihc gronih in ami a ran^mn^cSunicadon programme 
Coramunicauons Manager to d^'elop . co ^^ . Mt of store axnraumcabons 

«r,sr, ra a^“ , ^? r ^^ ,r dh^uCki of !«=.. 

SSS ■* rc,ai '- 

tJahion or (mo: markets, preferably at lranch.se level or afcency. 

communications consultant. . , . mv , m 

principles across all audiences is crucial. 

eulturjl environments. . 

To achieve all ihh and dev elop the role, you'll need to be a graduate with impeccable credentials in this 
field and a strong ethical commitment tn The Body Shop principle, and ..-spira ons. 

Ours is an enterprising non-.radi.ional environment where flexibility, creativity and the ability to work 
as pari of an international team are essential. 

This position, which reports into the Head of Global Communications, is ta s^J at our Mqianen m 
Liiilehampion. Sussex and will carry an appropnately competitive salary and benefit package. 







TOYOTA 


1 Abdul LatlfJameel Group 

DEVENIR N° 1 AU MAGHREB OU MOYEN-ORIENT, 
DANS SON PAYS, ENCONFIANCE. 

C r£e en 1955. ABDUL LAT1F iAMEEL GROUP est devenu i'un des ?«awn 
groupes independants au monde. paiticulierenienr solide el entreprensm. ^ » sur 
s son ma rcbe d'origi ne avec la distribution de TOVOTA *et LEXUS: wr plusseurs P*?* en 
Afrique du Nord ef au Moyen-Orient, il rassemble plus de 40 naitonahtes parra ses 
10 000 salaries, sur 4 continents, li realise 4 milliards de dollars de CA 2n -‘^ 
^ principalement dans les secteurs Automobile. Elecrronique. Fmar.cements 
$ et Services aux particulars. Pour developpe: durablement ses nwrcftfe au..W*oc. en 
* Algerie et en Svrie, le Groups ALJ rccrute 1 0 future dirigeants. a for*- potende', •-dengues 
i anglais-fmnqais-arabe. 

Au-dela de ces references culturelles er linguistiques, vous eles aujourtf 
diplome d'une des toutes premieres Grandes fcoles Ingerieur. Coirtmcrce' Ou jr .. «afa 
dans le monde. Idea foment, vous pouvez me me apporier. a 25-3D a veuve ce 
vos reussirw managerisles .'ateliers de reparation points tie ver.te. certltes ce jroiit'OU 
d'une expertise profeswonneile ‘technique, logistique vente oj finance... - 
Aptes un a deux ans .maximum' de forma*ior. ef de connaissance du G'o-pe AU a 
Djudda- vous \ous vents conlier des response biLtes rrana^eriales ou :ond:orJ»i.es. 
suiv.in! vos desire ef vos talents, cl ires prabablemenf dans !e p2vs ce ves racines. Aiec 
les plus belles perspectives de carriere. ... 

Merci dariresser \otre candidature .leitre nunusente. CV pneso. 'eT.unincion Klue-.c 
a SIRCA - 20, avenue de I'Opera 75001 Pans - France, sous reference 52-. b:. 


' • 

• . 




SIRCA 


Aiimm it 


ill* 5 5 1 1 : 


e.nuilditi@i hc-foundryxo 


FindAJobFast! 

http://www.washingtonpost.com 


gfciOasijmgbmitost 

Careergost 


THE INTERMARKET 
Starts 
on Page 4 


BUSINESS DEVELOPMENT 

MANAGER 

A Sj-o: based International Trading Company has an immediate 
opening for a new position. 

The successful candidate, based in Saudi Arabia or Duiui. will devel- 
op and manage a new concept nf Gas Stations throughout the Gull* 
Region and Near East. He will prepare a business plan and conduct 
fca>;biiir- studies for each territory prior to instaliauon of the stations. 
The position requires l(M5 ware experience in a simular field, and the 
s-ecce^ nil candidate must be a ndl motivated planner/executor with 
engineering and business development experience. Mother longue 
should be English, additional French or .Arabic would be an asset 

To apply, please mail vour C-V. to: 

Apecn, PO Box 261 1 . Damnum, Saudi Arabia. 


EDUCATION 


GREAT BRITAIN 


RICHMOND 

THL AMERICAN INTERNATIONAL UNtVLRSITY IN LONDON* 

Combines two of the world's most respected higher 
educational systems on both sides of the Atlantic. 

• Accredited in the US and UK 

• London Location 

• 17 majors and 27 minors 

• American BA, B5 degrees 

• Internationa] M BA. MS and 
MA Programs 

• 1.250 students from 
103 countries 

• International Internships 

• Student housing available 

• Terms begin in September, 
January and Mav 




Admissions: 

Queens Road, Box IHT 
Richmond, Surrey TWIO 6JP UK 
Tel. +44-181-332-9000 
Fax. +44-181-332-1596 
e-mail: enroil@ridimond.ac.uk 
httpJ/www jichmondac.uk 


i SCHILLER 

INTERNATIONAL UNIVERSITY 

Florida (USA), London (ZIKj, 
Strasbourg and Paris (France), 
Heidelberg ( Germany), Madrid (Spain), 
Ley sin and Engelberg (Switzerland) 

Associate, Bachelor’s & Master's degree programs 
International Buxiness Administration, International Hotel 
& Tourism Management, International Relations & Diplomacy- 
Management. Marketing. An. Computer Studies, Economics ' 
Pre- Engineering, Pre-Medidnc. liberal Arts 

Collegium Pakulnum 
intensive English, Spanish. German 
& French language courses 
- Cmtrses begin Jamuiry. June and September - 

SCHILLER INTERNATIONAL UNIVERSITY 

Royai Waterloo House. Dept 1HT/9/97 
51-35 Waterloo Road, London SEl 8TX England 
Tel: (01-ly 928 8-18-1 Fax: t0171 j 620 1226 
http://www.schiller.edu/ 

AccrydireJ member AClGS. Washington. DC. NsA 


U.S.A. 


FLORIDA STATE UNIVERSITY 


Florida State University, a fully accredited 
*^s9r-S - msbonalby recognised universiiy of the State 

' ' Uruversay System ofFtorida located ri Tallahassee. 

„ . _. oners a full time course of study at its London Studv 

Centre, Bloomsbury, The Study Centre, located near the Britts?! I 

S«r udies “ u,ses lea,iin9 to a lwo » ear 

Fix funhgt InfptmaBon n/nts 10 ' 

Adtrusswra^mtear, Florida State Univeratty, 103 Orem Russell St, Bloomsburv 
London WC1B 3 LA. 0171 813 3223 [Londanj, Email: mafi77329gsmei 


Earn a truly 
International MBA at 
The American College in London 

with campuses in Atlanta. Los Angeles, and Dubai. 

• 5am your MBA in lour terms 

• Day evening, or weekend classes 

• Study on a campus representing 1 10 countries 

• Comolele your degree in London, Atlanta. Los Angeles 
or Duba. 

■ U.S. accreditation 

The Amencan College's culturally diverse campus «s the 
perfect place to focus on international business, one of the 
fastest growing business segments. Bachelor of Business 
Administration degree also available. 

fhe American College in London 

no Maryiebcne H^fi Streei London WlM 3DB 
Tol i+ca 171i 486-1772 (Outside th8 UK): (0S00) 100-777 (in thB UK) 


n^y 



SWITZERLAND 






rtptofltf 


IHTTI SCHOOL OF HOTEL MANAGEMENT 
HEUCHATEL/SWiTZESLAHD 

3 -YEAR BACHELOR* ^DEGREE AND HIGHER DIPLOMA IN 
HOTEL MANAGEMENT 

21^ YEAR DIPLOMA IN HOTEL MANAGEMENT 
1-YEAR POST-GRADUATE HOTEL OPERATIONS DIPLOMA 
1-YEAR CERTIFICATE COURSES 

ASK MARIA BAKS RDR INFORMATION AT: IHTTI. BOX. *1006 BASEL. 
SWITZERLAND. PHONE 41-61*312 30 94 FAX 41-61-312 dO 35 


hotel & tourism! 
management IN ! 

SWITZERLAND ! 




Leysin Switzerland 
tel: £iCD3 17-7 

/ac *51 24 453 \7ZT 

arnai!; ho.1ta6worldcom.ch 


FRANCE 


|pj Bordeaux 

• Leam French in one of Europe's 

most spectacular cities 
• Bordeaux Win? Courses! 

1 Count C. avaienceau, 

33000 Bordeaux; - Frana* 

Email J>U®iniaginiH.n' 

TdL QSI 5 5S 91 OOTt Fax P31 5 S> SI /M5 


Internatloiial 
Herald Tribune 
ads work 


CLASSIFIED SALES EXECUTIVE 

(LONDON BASED) 

As part of our continuing expansion programme, 
the International Herald Tribune, The World's 
Daily Newspqper, is seeking a sales executive 
to sell within its extremely busy classified 
department. 

Candidates should possess a good telephone 
manner, be well presented and have at least 
nine months experience selling classified 
advertising. 

Please apply in writing, enclosing a current 
Curriculum Vitae (by post or fax) to: 

Sarah Wershof 

European Advertisement Manager/Classified ■ 

International Herald Tribune 
63 Long Acre. London WC2E 9JH. 

Tel: +44 171 836 4802 
Fax: +44 171 420 0338 

lieralb^l^Sribunf 

• %|.ia ipd> *7 »*" r 

THE ttOHlJl'* UVH3T NEVrSFvPEP. 


Employment Services 

BRIGHT EXECUTIVE: SOFTWARE 

The ars r. r aryjaw tesurg 

oesis Ts:- *33 T'l 44 M Cr K rc» 
*2: 1 — 5: K 


Executive Positions Available 


EXECUnVE DIRECTOR 

ir^rotxa re'-r^t .-penl.rz lap* 
tv E»a:/ ,, .r Cra*- ^ a na*: - 
rer. f u i2:m zr~-.r -r. R.is'a 

;.h?h .v 1 5ij-»s z£tc neatt 
anS arc "* ^ -jssaf ru.t 

haa 1 ?". rarafffis^ire. 

/.;! xsarafe aficds m*. aKK-pnaif 
gs-.araner®! aceras. fSCs and irsar- 
ramnal cijarwsKfE 

Tht? EiscJive OtzGor efl be rastara- 
tie b; aevstocnrg and atbnns'ennq a 
large-scale jam-givina ertgra*. nrr/e- 
msitmg ptlc.’ and" Oxegir axtet, saSH- 
corw ite programs acu.’rnes in 
identtfving potential frames and flevei- 
opma a nehrak ct appnprate parowre. 
recruurg. training and supervising siafl. 
overseeing annual budoa rravetng as 
rwetet »Kouinv and atned OuaBxa- 
fcns- WPH degree ptetenecl or SiD de- 
gree. Busrt ErqSsh and Russat strong 
background in pubic health issues, w- 
tenswe riremawnal wrk experience, n- 
dudlng minimum of 3 years in Ruftla: 
egxnence wdang wm a board; strong 
financial, orpanizafionaf ard managemenl 
sloUs. Send cover tetter and CV bv tax or 
mai rw laier than October 15. 1»r w 
Human Resources 

Attn: Russian PubEc Heath Program 
Job Search 
FAX: (212)9740367 
or 

Human Resources 

Alin: Russian Public Health Program 
Job Search 

888 7th Avenue, Floor 31 
Mm York, NY 10106 
USA. 

Equal Opportunity Employer 


CHEUOMCS INTERNATIONAL a lead- 

a cons tiling firm, seels corar fonts 
USAID grants m&nagemenl exper- 
tise lor tang-rsm overseas asstgnments 
Appkams must have 10 years experi- 
ence managing and adminislenng USAID 
grams ro miemaiwnaJ and local PVOs 
and NGOs, and have an xvdepth knowl- 
edge of USAID regulaiions Indudhg 
AES. FAR. and AIDAR. Ideal caxidae 
wuM have experience managing grams 
under USADs new ADS 303 guttnes 
and NGC capach dwelopme« experi- 
ence. Send deofed resume tc LADWF 
RAS, CfienunfiS. H33 20th St NW, 
Weshhgwn DC. ?0C36 USA 

BSJNGUAL EXPERTS needed, educated 

& experienced n financial markets far 
pan/MHime. saianedilrwiance posrtons 
as transiaiors or adnore. Fax lull 
reamefsalaiy reouhniems to TECTRAD 
♦33 (0)144929310 Tel *33 (0)144929311 


Executives Available 

ENGLEHUAM living m Paris area, 58. 
fluent Frendi. a-diodor d French com- 
pany tor 18 yrs, experience m expon and 
contract negotiations with angk^hone 
compantes/tountres and tiasoi between 
American, Asrar, and Fnanch carnpenes. 
Any offer lor rntaesting work on a regu- 
lar base cons stored Computer HeraK. 
♦33(0)1 3060 4574 Emai pmrad6ciB.fr 

HOTEL DIRECTOR seeks to manage 
upscale Eure HoteL’Chateau'Manor 
House. Will oplmiLis growth wtlh 
domestteffoteign marLeri, especially 
Arwfear cn^nial? WoAd also tsamop 
with maragmg-twner. U&Frencn 
na tod Fa*. USA 954,761-9971 

FRENCH MANAGING DWECTOR, 49. 
good generate!, npetwoe in luxuy and 
tasNon produos plus 10 years as con- 
aJart s«te posWi wimn mmawinal 
BBiaanv to create or deveicp acnvtfes 

• Mcbfe FO- +33<0i1 47453574 


FRENCHMAN 3£ zrrra a er S va 
■■ 'xrJf S CJ5-KS --ET E'g-sf i 
(sr-ri'.SC'TB 355,-47 S .13 .h Ss^cT. 
i 2 s's =rr -'9 a eo:r csrz-^ 
■.Israel Eccr raags- ce -xd 
Ti££r.- Tei -33 * Ae QE 3C 


General Positions Available 


URGENT; 

f.«2 l£jA_ ASi’SW," - = r*r. jS 

=rvrz'.~ =^5ssc3. scarab 
FfrfKt rztrc cl -Z V.r i ~ ' Set-. 
bi~t -h-.~ ^ Z.-z. Zzrmstzz-s 
‘5 f :*c?j s fozra - “ Xc 
Fa -r- .M T= 54 V. 


General Positions Wanted 

YOUNG AMERICAN WOMAIL :r“; 
rose 1 15 .’==3.. itr. irk" ~~ 

c-Sngiai SratekfucS*. -I- co- 

erce as rash on desrer 5 '.ess ert?-- 
£"? r a* m sF v fr 
?,x£xjC firms ui Y:* Cc; Csr.e. 
T/rrarr?:. r p 7 t corr^s! jkfs. ss^s s 
:3S4ion .wad v ra :c tss-.c' isz*- 
jound '.’fit MKSder an.- propos- 

als Tfl Pans +33 .5H <2 -3 29 3 


ENGLISH TEACHERS 
Experienced 

for Buaness People. 

Dynamic. Friendly team 
Iwtwaime Teaduig MeoxnJs. 
Parts-Su&rf* Woriuno Papers 
Cofn Ptotf peg Langues(01) 4561 &3 5€ 

QUALfflED NATIVE ENGLISH Teachers 
needed. Working papers required Per. 
MII3I vehicle appreciated Minimum 

■■SIL?* WMieed. Send CV io 
™.UE, S Mauree Grandcoing, 
94206 Nt» sur Seine. ft5. 5^*. 


VICE PRESIDENT 1 

i„ tcrn ,t,O oN almabk E T eDs E»elo« e „t 


maYIML'S a L'SS12° million NYSE-lis ed company 
MAX Mt- a- ^ {o federa |. and local gowatiments. 
specialLtULr . ■ i ona i with extensive mlernational business 
men* experience to support our continued growth in 
fcgErtfl ft idol candidate will posses a aicosrful 

track rccond and: : f 

• 10+ years in international marketing; .- 

t health carc/consulune experience in business development; 

• experience identifying and working wuh straregiejailnera 

in Middle Eastern countries; . . ■ . ...- 

- the abilitx to translate health care and mfonnanon technology 
. into business products and soluuons; and 

• the ability to fulfill extensive international travetrequkements. 

Bilingual capability f including EngHsW, advanced degree, and 

PC competency is preferred. 

, FAX or mail co\ er letter,' salar y history, and resum e to: 


MAXIMUS 

HELPING GO\ r EP‘\’MEM' SERVE THE PEOPLE 


X6 Washington Street. Suite 320 
Wellesley Hills. MA 02181 L'.S.A. 

Ann: Nick R cure J ft^Di wtor^of Exeoiri ve Recruitment 

CHECK OUT OUR WEB SITE!! - 
wKvtjnnxmcxom 

Fgt.nl Opportunity Employer 


A PROJECT DIRECTOR 
FOR HOTEL AND 
TOURISM SECTOR 
DEVELOPMENT 

Pose based la . • 

VIETNAM 




TOURISM/HOTEL MANAGER, ‘ 

Austrian 40 years okl. Gsmian Fisasi. i 
English ifierafe seeks a new erasure 
challenge on e BEACH RESORT ere- ! 
lated enterprises SOUTH EAST ASIA I 

preferred. Rax Burg +41-1-31 7 C6 70 | 

YOUNG MAN, 20 years old Italian 
speaking French. Italian and good En- 
glish, good atSude. median school grad- 
uate. seeks jcb m PUB RESTAURANT 
or simlar. lo perfec* English, asks tor 
bed and breakfast and small sage Tet 
+33 [0(4 93 IE 20 60 

ASSISTANT DIRECTOR iFrench. 44 J 

vis) 20 yrs experience, speaks Errt&i : = 

Cfimese. seeks posuton Teh -33 (0)6 — 

11301H5 (artswemg mactonei 

BSJNGUAL MAN seeks job as charteur 
/housekeeper. 10 years dnvmg enen- 
encB. Tel- Paris +33 (0)1 S 80 97 33. 


Secretarial Positions Available 

OFFICE ADMINISTRATOR- London 
translation company wil tram graduate 
In admn&trstive position. MUST be: 
nairve Engtidi speaker, highly dstsrf 
onefflaled. nasponklle organized S nu- 
nwaie Prelerable Strang WP / impifler 
skills S other languagetsi. Con^etitkre 
salary Available immedalely. CV to 
POLYGLOT INTL |CA). Sie 152. 

25 SouTharrfncn SuUmgs. LONDCM 
WC2 A 1AW Urihd Khgdom. 

— THE AMERICAN SECTION ol the Lycee 
iniefnainnai, Sam German en taye. 
seeks a luiWJme bflmguaf neaflrre 
secietaty Candidates must be native 
English -speakers, eraflent computer 
5kWS reqwed & shorthand si advantage 
Ptowe lax C.v & teller of mem to: 
Fas +33 10)1 30 87 00 43 

SEEKING YOUNG. Enafeh mother 
longue SECRETARY, won) processor 
knowledge, wen mug papers. Available 
'•jxwdiaiefy. For more delate cal Paris 
133 (Oil 4273 2653. F» (0)1 4783 3172 

Educational Positions Available 


FOR FURTHER 
INFORMATION, 

PLEASE CONSULT. 

OUR WEBSITE 

www. lux-developm en t . I u 


LUX-DEVELOPMENT 

OocticcTOr B P. 2273 1-1 DBS Luxembows 


= DEVELOPMENT MANAGER = 

28+0, fulh- bilingual, French - English, to develop the sales 
of the Paris office of service company. She will be 
responsible lor expansion, profit and wDl have also to hire, 
train and supervise French personnel according to 
procedures. 

The candidate must be a self starter, very demanding, wdl 
organized, determined with strong personality and proven 
post results. 

Must be able to negotiate with top French management. 
Pleasant personality. French working papers indispensiWe. 

Send G in Brer J9L ffJT, 92521 Notify CAtex, Prance. 


SECRETARIAL £ 

i Secretaire de direction 

longue. matemeUe anglais e 

\ Notre societe (700 pent. - 7,7 MdF de CA) appartient a 


i'iuiil- sMvivic wv pv« j- ■ r. — — — m rr — ~ 

un grmrpe international de trfa grande notoriele dans fe domame 
des services.- Nous recherchons la secretaire de noire 
Oirecteur General Adjoint. 

Vous i'assisiez dans I'ensemble de ses activites. Vous prenez en 
charge son secretarial, l’organisation de ses vovages et de ses 
reunions Vous confribuez au trarlement et au suivi de ses 
missions et des dossiers confidentiels. Vous coordonne7 ses 
relations a haut niveau en Europe de TOuest et de 1'EsL 
A 30 32 ans. de r'ormation sup<?rieure, utilisant ailment la' 
bureautique tWbrrf - Eiicefl, vous etes une secretaire experimentee. 
De culture inremat lonale. vous avez une evcellente maltose du 
francais h I'oral et h Fecrit. Voire professionnalisme va de pairavec 
votre sens de la communication, de la confidentialite el du service. 
Posh? base a Paris (Etoile). 

Merci d’adresser votre candidature ilettre + CV + remuneration 
souhailee) sous reterencc K3259/K a noere Gonseil, Madame Sorin 

if ' T - , I Cabinet Henri PH1UPPE- 2 bis, rue Michelet 

I L-J D 1 92441 ISSY-les-MOUUNEAUX CEDEX, FRANCE 
8 V ,1 11 I Fax:OOJ3.0146^tt.01^1. 


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ENGUSH TRAMERS 
BL5 6 recnJiig 
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Q&A ( J. Soedradjot Djiwandono 


GNTERNATIONAL HERALD TRIBUNE, WEDIVESDAX,, SEPTEMBER 24.1997 
liM t-KTVAi lojNAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22. 1997 


MCr *’ 


PAGE 


A Banker Draws Lessons From Turmoil in Asia 


Indonesia the world's fourth most populous naihm and 
WJj}* nea\yw { eight economies of Southeast Asia, has 
oeen affected by the financial crisis that began wuh the 
currency turmoil in Thailand more than three months ago. 
' ^ocaradjQT Djiwandono, governor of Bank Indonesia, the 
central bank, talked in Hong Kong about the lesson \ of the 
crisis and his plans to beef up his country's banking su- 
Tribujje* A ^ an Friedman of the International Herald 

Q. Since Thailand faced its crisis in the summer, your own 
currency has also suffered along with those of neighboring 
nations, and investor confidence has been shattered Whar 
arerhelessons of the financial turmoil? 

i v ™ ^ we resized that we are really Uvin« in the 

globalize economy. Before, we had only talked abou i it, but 
now it is here. When you accept the benefits of globalization, 
you rake it for granted. Y et we only realized the risks c >1' crisis 
when it happened. When you are hit by crisis it can be 
indiscriminate, and there is contagion. 

Maybe we in the region have all been a little bit prodigal. 
Uving beyond our means. The other lesson from what has 
happened is that everyone can see that economic growth 
cannot be sustained unless the banking sector is also sound. 


international sources. 

Q- So you wouldn’t describe 
currency speculators as crimin- 
als? 

A. No. 

Q. There has been much talk- in 
Bangkok and here in Hong Kong 
about the idea of setting up a new 
ASEAN rescue fund in case of 
financial crises. Are vou in favor 
of this idea? 

A This is in a preliminary 
stage of discussion, and in my 
view, surveillance would have to 
be part of it You cannot just put 
money in without conditionality. 


> 1(1 ; (yPt 


sesh 


1* ij fair to put Indonesia in the same category with 
Thailand? 

A We are all Asian neighbors, and we want to follow a 
good-neighbor policy. 

4 Q* All right. let’s talk about a neighbor. Prime Minister 
Mahathir bin Mohamad has been attacking currency spec- 
ulators as “rogues” and ‘'criminals,” and he has attacked 
George Soros in particular for the region’s problems. Do you 
agree with the Malaysian prime minister’s views? 

A. I don’t really know who was behind the speculation, 
but it doesn’t matter who triggers it. 

Once it happens, the players come from a variety of 
ptoexs, including local corporate groups that have high 
offshore-loan exposure and need foreign exchange to import 
and who sell the rupiah. There are also foreign speculators. 
We cannot say if the problems came from domestic or 


Q. Your country has been 
praised by investors for a more 
market-oriented response to tbe 
crisis than Thailand's. You re- 
moved limits on majority own- 
ership of shares by foreign in- 
vestors. and you have let your 
currency, the rupiah, float. But 
Indonesia is also criticized for 
having let its banking system 
grow much too fast. How do you 
react to the criticism? 

A. It is true that we have so 
many banks, some 239 of them, which in terms of total 
numbers means Indonesia is overbanked. Bui our country is 
very big, and so when you look at the spread of our country, 
we are not overbanked. 



requirements, then they will 
have to be merged or acquired. 

Q. What about problem 
loans? How big are ihey? 

A Our bad debts and non- 
performing loans total 9 trillion 
rupiah, or around S3.3 billion, 
about 9 percent of total lend- 
ing. 

Q. But some banks have 
much bigger problems than 9 
percent. What do you propose 
to do? 

A They will have to be 
merged, and if necessary in 
some cases we will have to liq- 
uidate some banks. 


Q. And what are your aims in 
tbe coming weeks and 
months? 

A When the trouble started, 
we raised our one-month in- 
terest rates from 14 percent to as 
high as 30 percent. Now they 
are back to 24 percent, and we 
have plans to reduce rates fur- 
ther. toward a level of around 1 7 
or 18 percent. We also have 
imposed some restrictions on 
foreign exchange trading, and we hope these measures will 
be only temporary. 

Q. There have been reports that one of your deputies treated 
foreign banks such as die Bank of America and Deutsche 


Mb MaJkagnU/AjKncr Ff-ke-ftwc 

Mr. Djiwandono said Southeast Asian coun- 
tries may have been Irving beyond their means. 


' uuuas aui.11 *13 me Dili IX Ul nJTKTlCu 200 UeUlSCltt 

Q* But what steps are you taking to improve the banking Bank very harshly, asking Deutsche Bank io stop engaging in 
s y s f en J‘ . swap deals and telling Bank of America to stop making a 

A we are making efforts on supervision. We are in- market in currencies out of Jakarta. What is your comment? 
creasing the number of supervisory personnel. We are trying A. J think this is bizarre reporting. The fact that we asked 

to follow the internationally accepted capital-adequacy ratios, foreign banks to come in and meet with us is pan of our 
and we want to increase it. If banks cannot meet this or reserve practice. The rest is untrue. 


SHO] 

RT COVER 

Paris to Set 

Pri 

lice for Telecom 


PARIS (Bloomberg)— 1- The French government will set 
price range Monday fori France Telecom SA shares as 
nation’s biggest-ever initial public offering gets under wa 
The sale of as much/ as 25 percent of France Telect 
expected to raise as much as 50 billion francs (S8.4 billion 


a key to helping France/res trier its borrowing and qualify 
European cur 


the single European currency, the euro. 

Italy’s Sale os Phone Shares Lags 

ROME (Reuters) — j The Treasury was involved in a r: 
against time Sunday to persuade investors to buy into Telec 
Italia amid signs that interest in the sale was weaker than i 
been hoped. / 

The Treasury p!ans,to sell its 44.7 percent stake in Telec< 
by the end of next /month in whar could be the bigg 
privatization ever seep in Europe. 

Companies have u$ttil Monday night to present their off; 
but with just over 24 hours to go until the deadline, ; 
Treasury had received confirmed bids for no more ibai 
percent of the telecommunications giant. 


Sony Revamping Output Strategy 


HONG KONG (ATP) — Sony Corp. of Japan is revising 
investment strategy' to move production sites closer to c 
mestic and Western [markets at the expense of the rest of As 
Sony’s president and chief operating officer said Sunday. 

The executive, Nobuyki Idei, said at a conference here ti 
digital technology had ended a 25-year “incubation” peri 
and was poised for a “period of explosion” and that a* 
result. Sony had to review its worldwide production sysie 
Because digital technology cuts production expenses, prodi 
costs and product cycles, Mr. Idei said, control of inventc 
costs was becoming more important than labor costs. 

“For example, manufacturing in the U.S. is more c 
vantageous from the point of view of inventory control th 
manufacturing in Asia and exporting to America,” he said 




> si irtin -s 


3:: ‘ 


G-7 Officials’ Statement Means a Weaker Yen, Analysts Say 


By Carl Gewirtz 

International Herald Tribune 


PARIS — For foreign-exchange 
analysts, the big picture emerging 
from the weekend statement of the 
Group of Seven finance officials 
and central bankers meeting in 
Hong Kong is that the yen will con- 
tinue to weaken. Where they dis- 
agree is identifying the currency 
against which the yen will fall. 

“Everyone recognizes that the 
Japanese economy is weaker than 
expected.” said Jesper Koli, a 
Tokyo-based analyst for J.P. Mor- 
gan & Co. He added that this meant 
no prospect of any increase in Jap- 
anese interest rates soon. 

‘ ‘As a result, it’s back to basics,” 
he said, with Japan's record low 
interest rates continuing to direct 
investors away from its currency. 

In his view, the absence of any 
specific wording about further yen 


weakness in the G-7 officials' com- 
munique “is an endorsement to sell 
the currency . ’ ’ After the activ ity that 
traditionally precedes the end of the 
fiscal half-year in Japan on Sept. 30. 
Mr. Koll said, he anticipates an out- 
flow of capital that will carry the 
dollar to 130 yen. 

The dollar ended last week at 
122.25 yen, its highest level since 
May, when it hit its high for this year 
of 127.50 yen. 

But two London-based analysts, 
Mark Cliffe at HSBC Markets and 
Neil MacKinnon at Citibank, dis- 
agree with this view of how far the 
yen will slip against the dollar. 

Hie communique’s language on 
tbe seed to avoid “excessive de- 
preciation where this could lead to 
the re-emergence of large external 
imbalances” targets Japan and in- 
dicates. Mr. Cliffe said, that “the 
United States wili resist a significant 
move in the yen -dollar exchange 


rate.” Mr. MacKinnon added that 
Washington “has made clear that 
further slippage of the yen is not on.” 
They said the dollar was unlikely to 
strengthen beyond 125 yen. 

“A move beyond 125 will prove 
to be very demanding, and the 
United Stales won’t countenance 
it,” Mr. MacKinnon says. 

Instead, they both see the yen 
weakening against the Deutsche 


FOREIGN EXCHANGE 


mark. Over the past month, the mark 
has appreciated about 7 percent 
against tbe yen, compared with the 
dollar's 3 percent rise against the 
yen. With Germany unable to show 
as much political power to prevent a 
currency move as (he United States 
can, the mark is viewed as more 
subject to continued appreciation 
than tbe dollar. 

Mechanically, this makes life dif- 


ficult for tbe dollar-mark rate. Given 
that the dollar market is the most 
liquid sector to operate in, buying 
marks with yen means first selling 
yea for dollars and then selling dol- 
lars for marks — putting downward 
pressure on the dollar against (he 
marie 

The expected weakness of tbe 
dollar in Europe fits in with a broad- 
er picture of the dollar’s two-year 
rally running out of steam. 

Avinash Ptereaud, an analyst for JJP. 
Morgan in London, said the dollar 
was “at a turning point,” with the 
next big move likely to be a fall to 1.60 
DM by the end of next year. The dollar 
ended last week at 1.7753 DM. 

The mark, Mr. MacKinnon says, 
is back in favor — buoyed by tbe 
running threat that the Bundesbank 
will raise interest rates, a move 
widely expected at the latest by early 
next year, and by a reassessment of 
the prospects for the euro, tbe com- 


mon European currency scheduled 
to replace the mark Jan. 1, 1999. 

[Finance Minister Theo Waigel 
of Germany, in a reference to the 
strong performance of die U.S. 
economy, said Sunday that coun- 
tries with high growth rates and high 
employment may need to raise in- 
terest rates, Bloomberg News re- 
ported from Hong Kong. 

[Mr. Waigel told the Interim 
Committee of the International 
Monetary Fund that preemptive in- 
creases in borrowing costs might be 
necessary to get growth back down 
to sustainable levels and avoid even 
higher rates later. J 

For the time being, many analysts 
see die dollar staying between 1.75 
DM and 1.85 DM. Mr. MacKinnon 
said a break below 1 .76 DM would 
open the way for the dollar to slide to 
the high 1.60s, but he said he did not 
expect that to happen until the 
Bundesbank raised interest rates. 


China Bank to Step Up Vigilance 

HONG KONG (AFP) — China’s central bank govern' 
Dai Xiangiong, said Sunday thar the bank planned to step 
its supervisory role to increase tbe efficiency of stare-cc 
trolled banks and reduce nonperforming assets. 

Mr. Dai, governor of die People’s Bank of China, s; 
inefficiency and “unduly high” levels of nonperformi 
assets were some of the problems facing the sector in Chir 

“We will continue to pursue appropriately tight moneta 
policy and strengthen supervision” to combat such problen 
he said at a conference here on the sidelines of annual glol 
monetary talks. Mr. Dai also said that China had drawn lesso 
from the currency crisis in Southeast Asia and intended 
ensure the stability of its currency, but gave no details. 


Yaohan Asks Suppliers to Keep Fait! 

SHIZUOKA Japan (Bloomberg) — Yaohan Japan Cor] 
at its first creditors meeting after it filed for bankruptcy, uxg> 
wholesalers to continue supplying the company’s 42 domes' 
shops and promised to repay any future debts in cask 
Until the court appoints a receiver, though. 


a Yaob 


pokes man said tbe company would not comment on at 
ilans f 


for when aod how it will pay its debts. 

Kenya Tourist Trade Seeks Tax He!; 


MOMBASA Kenya (Reuters) — Hoteliers and tour o 
era tors along Kenya’s Indian Ocean coast want a six-noon 
moratorium on tax collections to offset losses from an ombre; 
of violence that has cost more than 60 lives in recent weeks 
* ‘As a result of the recent violence at the coast, the touris 
industry has continued to experience massive cancellation 
and is therefore unable to meet its tax obligations,” a re 
olution issued Sunday after a meeting of industry leaders sai 
A statement from the meeting at a coastal hotel put losses fro 
cancellations of tourist bookings at $10 million a month. 


•.n 


Connecting to a User-Friendly Wall Street 

Nnmher-Cnmching Software Gives Amatenrs Access to a Sophisticated Investment Tool 


By David Barboza 

New York Tones Service 




NEW YORK — Maynard Burster's 
computer terminal is frill of fancy stock 
charts. He is plotting “moving aver- 
ages” and “volatility measures” to help 
mm ferret out buy and sell signals- 
But Mr. Burstein — who calls this 
activity “reading the tea leaves” — is 
not a Wall Street professional. He is one 
of the amateur investors who use a grow- 
ing variety of software andother products 
to perform the nomber-crunchnig dis- 
cipline known as technical analysis. 

“I used to be a pure fundamentalist, a 
Peter Lynch kind of guy." said Mr. 
Burstein, 66, a semire tired management 
consultant “But now I’m using tools 
other than the balance sheet” 

The fundamental analysis to which 
Mr. Burstein referred evaluates invest- 
ments by looking at companies' profits, 
managers, industry prospects and the 
like. Technical analysis. By contrast, fo- 
cuses on the prices and trading patterns 
of stocks rather than on the features of 
the companies themselves. 

But the sophisticated products for tech- 
nical analysis may have special appeal to 
a public that, given the long bull market, is 
fascinated with Wall Street Besides 
meeting a growing need, these tools are 
even democratizing tbe investment world, 
at least according to their vendors. 

“This is a revolution in terms of ac- 
cess,” said Suzanne Cook, president of 
Stock Smart Inc., which markets such 
products. “Here you have the oppor- 


tunity to deliver to a wide audience what 
was previously available only to broker- 
ages and institutional investors.” 

Wall Street has not generally been 
known for broad distribution of data. 

"Imagine 1,000 doctors with access 
to all the medical information in the 
world,’ * said Ms. Cook, a former Merrill 
Lynch analyst. “Wall Street is not that 
different. ” But die average investor now 
can search through millions of bits of 
stock data — a capability that not many 
ears ago was even beyond the reach of 
all Street. 

Still, sane critics argue that analytic 


ft 


INVESTING 


software is too sophisticated for die av- 
erage investor, that technical analysis 
requires a deep understanding of the 
market and is closely affiliated with mar- 
ket timing, or die active trading of stocks 
in the hope of making quick gains. That 
is a risky strategy that many financial 
advisers caution individual investors 


againsi- 
Jay Kerat 


Smith, chairman of Lead- 


fay Kemp ! . 

ing Market Technologies, a company in 


Cambridge, Massachusetts, that markets 
software to big Wail Street houses, 
warns individual investors that they are 
up against Wall Street giants. 

“The people using technical analysis 
are stuffed with Ph.D.s, and they’re us- 


ing sophisticated computers to dojpro- 


gram trades,” he said. “We don’ 
it’s appropriate to arm some people with 
slingshots and send them into battle with 


people armed with laser-guided mis- 
siles.” Fundamental analysis is better 
for average investors, he said. 

But thousands of people are trying the 
new products, and many, like Mr. 
Burstein. use technical analysis not in 
isolation but as a supplement to their 
knowledge of company fundamentals. 

“Many of these methods can improve 
your odds,” said Allan McNicboL a 
spokesman for Equis International, which 
makes one of the products. 

The new software runs tbe gamut from 
simple tools that include tutorials, help- 
ing users to understand terms such as 
“moving average,” to academic tools 
with bewildering names such as the “Op- 
tion Vega” and “Binary Wave No. 1." 

Broadly, though, they all try to help 
investors plot the ups and downs of a 
stock and determine whether and when 
to buy or sell. Among the most ac- 
cessible applications is Telescan Ana- 
lyzer, a CD-ROM priced at $199 from 
Telescan Inc. The analyzer has a data- 
base of more than 8,000 stocks and of- 
fers annual reports, insider-trading in- 
formation, options volume and a 
sophisticated search engine that iden- 
tifies the best-performing stocks. 

Robert Valgento. an anesthesiologist 
in Arizona, credits technical-analysis 
software for his investment returns of 
1 10 percent in the past two years. 

Still, he warns: “There’s a large 
group of investors out there who want a 
better return. But if you want to use this 
stuff, you’ve got to be pretty bright and 
pretty dedicated.” 


European Currency Plan 
Barely Registers in Asia 


International HeraldTribwte . 

HONG KONG — An awareness is gradually spreading in 
Asian financial circles that it is not too soon to begin eval- 
piications for Asian central banks, investors and 
ies of] Europe’s planned single-currency project 
: truth,” said Andrew Freris, author of a new Bank of 


i UN. u um, . «.v- - — “ — — - . , , 

America Asia study entitled “EMU: An Asian Perspective, 
“is ffyrt there is monumental ignorance here about Enroj 


. * / 


, u ■ 
,, . V* 1 ’ 

fi 1 * 


European 

monetary union.” _ 

When Asians think of Europe these days, Mr. rrens saia, 
they tend to think of high unemployment and gro wth rales far 
more modest than those of either Asia or the United States. 

Yves-Thibault de Silguy, the European commissioner for 
economic and monetary affairs, is trying to change tbaL In 
nre-rings with Asian officials at last week’s meeting or 
European and Asian finance ministers and in sessions at me 
anmiaTroeetings of the World Bank and International Mon- 
etary Fund here, Mr. de Silguy has been doing his best to sell 

Asians on the virtues of the euro. . . 

By his own admission, there is plenty of uncertainty Here. 

“They want to know if the euro will be a strong currency, 
whether the transition will be smooth or whether there will be 
a mess in the market and what are the advantages for Asians oi 

die euro.” Mr. De Silguy said. . . * . 

Japan’s finance minister, Hiroshi Mitsuzuka, said Sunday 
he hoped tbe euro would be a strong currency to ‘ maintain 
stability with the yen and the dollar. * 


SINCLAIR AU. ASIA FUND 

SKAV 

69, Route d'Esch, 

L-1470 LUXEMBOURG 

RX- Luxemiboarg i R-S5-708 


Notice is hereby given u> the shareholders, that the 

ANNUAL general MEEU Nfi 


of shareholders of SINCLAIR ALL ASIA FUND w.H br 
held at the registered office. 69, route dh..*h, L-I4.H 
Luxembourg, on October 1st, 199/ al UM* '»“h lh,: 
following agenda: 

1. Submission of the Reports of ihe Board of Directors 
and of the Independent Auditor; 

2. Approval or the Statement of Net Assets and of ihe 
Statement of Operations for the year ended as al 
June 30, 1997; 

3. Allocation of the net results; 

4. Discharge to the Directors; 

5. Statutory Appointments; 

6l Miscellaneous. 


Thr Shareholders are advised that no aimnim •gW"***" 
BSi-oda of the Annual LrnrrJ Meeting xmd 


ihe items on the agenda of the Annual General 
that decisions vs.il! &■ taken on a simple major.W of the share* 
pnw.nl or represent! -d at the Meeting with no restriction*, 
in order t«» attend the Meeting of SWCLA1R AJJL ASL4 
flfl\D the owners of &hurrs "’i 1 ha . v, ‘ lo " 

shares five dear days before the Meeting w.tfi Banuue 
Internationale a Lunemhmtrp. 69, route d kfirfi, l.-lf/O 

laivemhourg. BOARD OF DIRECTORS 


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PAGE 18 


INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 


SPORTS 


Win or Lose, the Ryder Cup Can Reduce Grown Men to Tears 

. L ... . — . ~ — u a e t nwj-’nmU nacio Garrido, JesperParnevik, ac 


f 




If# 


By Clifton Brown 

New )'i?ri Times Service _ 

I T is the most pressure-packed event a golfer 
will face. It happens only once eveiy two 
years. And it usually .leaves both the winners 
and the losers in tears. , 

Nothing else in golf is quite like the Ryder 
Cup, which begins Friday at Valderrama Gott 
Club in Sotogrande, Spain. A 1 2-man team from 
the United States will compete against a 12-man 
European team in three days of match-play co®" 
petition that will write another chapter m golf 


gives you confidence. But at the Ryder Cup, elements to watch for during the 32d Ryder 
there’s pressure from tb® first tee. Even if you re Cup; 

• -l 1 . ..If •ha mntlinht'c dill nn vnil «■ MBUAf TTip first turn rlam (hHihi firnn- 


uu.il o uiwuui. — - ... ■ 

playing terrible golf, the spotlight s still on you. 
You can’t hide.” • 

Just as golf has mushroomed m popularity, so 
has the Ryder Cup, which is expected to draw 
record-setting television ratings this year, as 


’VWJ/t 

the FORMAT The first two days feature four 
mo rning matches and four afternoon matches. 
The morning matches are four ball, (two-man 
teams in better ball) and the afternoon matches 
are foursomes (two-man teams in alternate shot). 


recora-seroug ICICVUIUU muugju Will euiuw m m wi i hhv JUVS/* 

Woods makes his Ryder Cup debut The event Sunday's final round features 12 singles matches 
has taken on a far more serious tone since 1985, (18-hole match play). 


Imag ine the possibilities depending “P 0 ® 
luck oftfae draw - Tiger Woods wmNi« 
Faldo, Justin Leonard versus Colin Montgomer- 
ie. Fred Couples versus Jose Maria Olazabal. For 
one weekend, the Ryder Cup brings world-class 
golfers together to compete as teammates rep- 
resenting their countries, rather than to compete 
as individuals for prize money. Play poorly, and 
you have let down yourself, your teammates, and 
your country. Miss a putt, and flag- waving fans 
rooting for the opposing team will cheer, 
something you never see in a regular tour event 

Being named to the Ryder Cup team is an 
honor, a chance to be a hero. But playing in the 
Ryder Cup can be terrifying, a chance to stumble 
in the spotlight. 

-It’s the most nervous you II ever be in golf, 
said Paul Azinger, who has played in three Ryder 
Cups. “At a major, if you ’re in contention on the 
last day, it means you’re playing well, which 


UUkCU VU a mu - . _ - ■ 

when the United States lost for the first time m 28 
years. 

Since then, the Europeans have won three of 
the last five, including the 1995 Ryder Cup at 
Oak Hill Country Club in Rochester, New York, 
when Europe overcame a two-point deficit on 
the final day to win, 14%- 13%. 

That st unnin g victory by Europe has only 
generated more interest in this year’s cup, which 
is being held in Spain for the first time. The last 
sis. Ryder Cups have bfeen decided by two points 
or less, and the closeness of the competition has 
enhanced the anticipation for this year’s show- 
down. If there is a tie, Europe will retain the cup 
as the defending champion. The United States 
must win outright to recapture the cup. 

For Europe, die challenge is to knock off a 


enjoyed past success, such as Love-Q>nples, LEurope’ witi iteedshong ■ 

Per-Ulrik Johansson-Bemhard Langer, ~*emost roo jdes especially if veterans like 
Couples-Brad Faxon. Costanimo Rocca-Ian gg*® SS& their best 

Woosnam, Faldo-Langer. *The I inited States has four— Jim Furyk, Scott 

With whom will Woods pan Jusrin Levari, and Woods — one fewer 

him with Scott Hocb, even though both are -oc t ^ m B at having already won majors, . 

rookies because Woods is the longest hitter and than the VD me j ■ • 

Hodiis’oneo^^pla^mthe^from 

100 yards in. Or O’Meara because of their dose Woods iengmorituc^» 

or U -ote who* 


down. If there is a tie, Europe will retain the cup poteodal partner he wants to avoid. Expect 
as the defending champion. The United States Ballesteros to do the same, 
must win outright to recapture the cup. “I'm not going to stick a guy with someone he 

For Europe, the challenge is to knock off a doesn’t want to play with,” said Kite. “That 
confident U.S. ««mi that looks stronger on paper, would be stupid. I got paired with Andy Bean at 
with three of this year’s four major winners — one Ryder Cup, and we were about as different as 


Woods (Masters), Leonard (British Open), and 
Davis Love 3d (FGA Championship). For the 
United States, the challenge is to win on a 
difficult; unfamiliar course in front of a crowd 
pulling for Europe. 

Here is a closer look at some of the key 


The two captains, Tom Kite of the United friendship. Or Jaircn, another pkyer whose before they even tee 

States and Seve Ballesteros of Europe, make the accuracy around the greens might mesh well ^nn^Woods^Shimsclf as an intimidator? ’ 

pairings and decide when, and how often, playere with Woods’ game. , t }v~L rhe » said Woods. “But if 

will compete. Some players wili compete in five Meanwhile, look for Balesteros to pair vet- inorrfie case I still have to go out there and 
matches, while others may only play twice. erans like Momgomaie and Faldo with rookies that s notth * e totheotfaer layers that I can " 
Both Kite and Ballesteros have difficult jobs, like Dairen Clarke or Lee Westwood P&mung two prove mysetf, prove to the otter prayers 

Whom should they pair together? How can they rookies together would bensky,bot wouldn't a be ^ e ^. liriHLES -ru. furor surrounding • 

deckle which players will sit without bruising - Woods-Leonard twosome be fim K> wmch? ™ E . ^ who — fcumedly ousted ' 

eons 9 the pressure Every player will feel it, no Miguel Ange Martin, who yras mnrKaiy vumi 

Chemistry is important in all team events, and matter how talented and experienced. The ones from Europe s . - { a distraction! •- • 

how Kiteand BaS^eros handle their teams will who cope best wilimevaiL " gmM eithCT iSjaESESlSiSSS-- 

go a long way toward deciding the outcome. Kite “I was paired with Davis Love at ins fest Ryder Ballesierossho ed stv u r_-ji 

will ask each player privately if there is any Cup,” said Kite. “There was a long fog delay m captain m the same strong ty . t 

potential partner he wants to avoid. Expect the morning, which gave us aUa chance to he played. 

BaS^erosto do the same. even more nervous than we already wee. By the woods is the focal pomtoi any evem ne 

“I’m not going to stick a guy with someone he time we teed off, Davis ™ a bfatbaing idiot” attends, but : .. 

doesn’t want to play with,” said Kite. “That But Love played weU, helping Kite win the mponaatthatar ^AnoauMas OVaKjwtt 
would be stupid. I got paired with Andy Bean at match. Two days later. Love made a 6-foot putt a unit- The last two Ryder ups , on-.- 

one Ryder Cup. and we were about as different as to win the cup. hy an i l 5® that 9 

two players could be. You talk about a team that Others have not been as fortunate. Langer, paper. Whar does Kite tin*, about tnar. 
had no chance. Even if I hit a good drive, I didn’t who has enjoyed many stellar Ryder moments, “Ball that paper up and throw ttm^ttas^ 
hit it far enough to make Andy happy. Then missed a 6-foot putt on the final hole m 1991 at said Kite. “I wish it was going to be easy, K wot t 
when Andy put it in the rough, I comdn’t get it Kiawab Island thai lost the cup for Europe. be. Nobody knows exactly w “^ s 
ouL We got whipped. It was pathetic. ” the rookies Europe has five Rytfer Cup pen. But that s part of what makesthe^to- Cup 

Look for some familiar pairings that have rookies — Thomas Bjorn, Dairen Clarke, Ig- special. As a competitor, you nave to tove il 




one Ryder Cup, and we were about as different as 
two players could be. You talk about a team that 
had no chance. Even if I hit a good drive, I didn’t 
hit it far enough to make Andy happy. Then 
when Andy put it in the rough, I couldn’t get it 
out. We got whipped. It was pathetic.” 

Look for some familiar pairings that have 


the morning, which gave os all a chance to get 
even more nervous than we already were. By the 
rim* we teed oft Davis was a blithering idiot-” 

But Love played well, helping Kile win the 
match. Two days later. Love made a 6-foot putt 
to win the cup. 

Others have not been as fortunate. Langer, 
who has enjoyed many stellar Ryder moments, 
missed a 6-foot putt on the final hole in 1991 at 
Kiawab Island that lost the cup for Europe. 

The rookies Europe has five Ryder Cup 
rookies — Thomas Bjorn, Dairen Clarke, Ig- 




v '-* ' T ■ • 



Djorkaeff Rockets Inter to the Top 


The Associated Press 

Yuri Djorkaeff, the French striker, 
scored a controversial winner with nine 
minutes left Sunday and Inter Milan 
rallied past Fiorentina, 3-2, to seize first 
place in Serie A 

The spotlight was decidedly on Ron- 
aldo, Inter's Brazilian, and Gabriel Bat- 
istuta. Fiorentina ’s Argentine, and each 
struck a goal on either side of halftime. 
Batistuta’s league-leading sixth goal 
gave the visitors a 2-1 lead in the 47th 
minute. Ronaldo, who had scored in the 
45th, helped set np midfielder 
Francesco Morieri’s equalizer in the 
72d, before Djorkaeff decided the high' 
paced match after beating an offside 
trap on Salvatore Fresi’s pass. 

Inter has sole possession of first place 
after three rounds for the first time in 26 
years. With a full nine points, the club 
owns a two-point standings lead over 
defending champion Inventus of Turin, 


5lfUlM> RrQaiulinj/RriiirT< 

Gabriel Batistuta of Fiorentina flying to the ball during the match against Inter Milan on Sunday. Inter won 3-2. 


AC Parma, AS Roma and Sampdoria of 
Genoa — all easily victorious Sunday. 

Building on its impressive Champi- 
ons League debut, a 5-1 win over Fey- 
enoord Rotterdam on Wednesday. Ju - 


venms made Brescia look like the 
promoted team it is in a 4-0 rout, as 
dangerous front-line players Aless- 
andro Del Piero, Filippo Inzaghi and toe 
French playmaker Zinedine Zidane 
each scored. 

Juventus is the only club in toe Italian 
first or second division that has not 
allowed a goal in league play. 

The Argentine international Henran 
Crespo scored twice to lead Parma past 

Iokopian Soccer 

Piacenza, 3-1, Roma beat last-place 
Lecce, 3-1, and Sampdoria defeated 
Atalanta of Beigamo, 2-0. 

In the day’s lone upset, EmpoH beat 
Lazio of Rome, 1-0. Vicenza and Napoli 
drew. 1-1, and Bari and Bologna played 
a scoreless draw. 

England Arsenal moved into 
second place in England's Premier 
League chi Sunday with a 3-2 victory 
over Chelsea as the defender Nigel Win- 
terbura scored in the 89th minute and 
the Dutch forward Dennis Ber gkamp 
provided the other two. 


The victory gave Arsenal 15 points . 
and moved the Gunners second behind • ' 
Manchester United, which has 17. 
Blackburn and Leicester each have 14, 
followed by Chelsea with 12. 

Netherlands Ajax Amsterdam’s 
sixth straight victory of the season, 4-1 
a gains t NEC Nijmegen on Sunday, kept . 
it four points ahead in toe Dutch premier 
league. 

It was Ajax’s 28th goal in six games, 
against just three conceded. SC Heer- - 
enveen, who beat Roda JC, 2-0, and FC . 
Twente, who downed MW Maastricht, --r 
1-0, share second place on 14 points ; ^ 

after victories Sunday. RKC Waahvijk ■' ■ ■ 
defeated FC Utrecht, 3-L . '.--J 

Germany Two goals b y Ffe di Bobic - 
within two minutes paced Stuttgart to a 3- ^ ."v£ 
0 victory over Borussia Moenchenglad - \ 
bach in a Bundesliga game. The Bul-^ 
oarian midfielder Krasimir Balakov- ^ __' 3f 
notched Stuttgart’s toird goal three. ’.S’ 3 
minutes into toe second half. V r TB 

The victory vaulted Stuttgart into fifth ’ ■■jW 
place. Newly promoted Kaiserslautern ; * 
remains the surprise leader wxth l9 ^ u v ^ 
points, three more than Bayern Mnnich. 


... 

.1 

- ■ 

• \ iS i 


t, 


Scoreboard 


BASEBALL 


Major League Stampings 
w n wui mwu 

EAST DIVISION 



W 

L 

Pet 

GB 

y-Batfimore 

94 

60 

410 



r New York 

89 

65 

-578 

5 

Detroit 

76 

78 

494 

18 

Boston 

75 

80 

.484 

19V4 

Toronto 

72 

82 

■468 

22 


CENTRAL DIVntON 



Ctemtand 

83 

70 

342 



Chicago 

77 

77 

300 

6tt 

Milwaukee 

75 

77 

493 

Th 

Kansas City 

63 

90 

413 

20 

Minnesota 

62 

91 

405 

21 


WESTnVWON 



Seattle 

86 

69 

355 

— . 

Anaheim 

81 

74 

323 

5 

Texas 

72 

83 

465 

14 

Oakland 

63 

92 

406 

23 


y-efindwd postseason berlti 

wnoNuiuwH 

east mvtatoM 

w L Pet GB 

y-Atkmta 77 57 A30 — 

RptWa 90 64 584 7 

NewYwk 83 72 535 U 1 /, 

Montreal 75 79 ABJ 22 

PhSaddpMo 64 91 413 3W 

CBmiAL DIVISION 

Houston 78 76 -506 — 

Ptltsfawyh 75 B0 Mt 3Zr 

Qncimwtl 71 83 M\ 7 

Si Louts 71 83 Ml 7 

CMcago tS 90 .419 13M 

WEST DIVISION 

San Fronctoco 85 70 548 — 

Los Angeles 84 71 sa I 

Cotorado 80 75 516 5 

SunOtept) 74 81 477 11 

IKfincfied postseason bertn 
rewi i wi Ko m 

AMERICAN LEAGUE 

Omtand 010 000 020-3 9 2 

Kansas City 021 130 83x— 10 12 a 

Colon. Joanne (4), Woman (fl) and S. 
Ahjmar, DkH (6); Befcher. Ptchorta (9) and 
Macftntone. W — BeMier 13-12. L — Colon 3- 
7. HR— Omtand. Justice <31}. 

Second Same 

amtaad 000 310 110-4 u 0 

KBRsasatr qoo ooe 002-3 a 0 

Br Anderson. Plunk (6). Shuey (8), 

Assenraadwr (7) arid Bordens Bones. 
Canasco (6). Whbenarrt (7). Service (8], 
J .Montgomery (9) and ML5meney. 
W— flrAndenon 4-1. L— Bones 3-7. 
Sv— Assenmadier (4]. HR— Qevetand. 
Robots HJ. 

CMcago 000 000 004 1— $ 9 0 

Bostoa 100 000 003 0—4 12 1 

Srotka, Fouflre (9), T.CaslHo (10) and 
Madmda Fabregas (8); B_ Henry. Cordon 
(8), D.Lowe 07), Brandenburg (10), Wasdin 


flO) and Hn sd nxav Hattebog (10), 
W— Foulke 3-0. L— a Lowe 2-6. Sv— T. 
Castillo (3). HRs^-CWcagtx BeUe 09). 
Boston. Pride (3). Hnttriwg (10)- 
MDwaokao 013 201 000-7 11 0 

Minnesota 010 811 001-4 7 0 

J .Mercedes, A. Reyes (8), DaJones (9) 
and Sttrmctt SeraTmi FrAodriguez (4), 
Aguilera (9) and 0. MWer. W— J. Mercedes 
7-10. L— Serafini 2-1. Sv— Do Jones (34), 
HRs— Minnesota, Lawton 2 03). 

Toronto 000 000 120-3 6 1 

New York 000 000 000-0 8 0 

Daal Crabtree (7). Ptaac (71, Quanftin (8). 
Escobar (9) and B£anttaga Gooden Nelson 

(8) . BaeMnger (9) and Posada. W-Oaal 1 - 
0. L— Gooden 8-5. Sv— Esartwr H3). 
HR-Toronto, B. Sanfiogo (13). 

Detroit 000 002 100 2-5 10 0 
Baffimora 000 000 003 0-3 7 0 
Btalr. TaJarws (9) raid Caunavm 
Kaailenkckl Rhodes U). MOM (9). Orosco 
(10) and Webster. W-TaJanes 5-3. L-Mflls 
2-3. HR— Detroit Nevtn (9). 

AaAMtei 000 011 221—7 16 2 

Tans loo ooo aao— i 2 o 

KJ4B and Kreutor: Witt Gandcnan (7), 
Santana (8) and I.Rodrtguez. W-K. HiH 8-12. 
L— Witt 11-12. HRs— Anaheim, Edmonds 
B4J, Howell (13). 

Seattle 400 000 113-9 121 

Oafctand 002 000 002-4 9 0 

Mayor. Spaferic (8). B-Wete (9) and 
DaWBson Haynes, A. SmaO (8), Wenger! (9) 
and Moyne. W — Moyer 17-4. L — Haynes 3-5. 
HR&-SeaW« R. Kdy 01), dWey Jr (S3), E. 
Martinez (27), Buhner (37). Oak. Moyne t6). 
NATIONAL LGAOUE 

PMraWpMa 112 123-10 13 0 

Chicago 101 2 IX— 5 9 l 

T .Green, Winston (41, SpraAn (51 and 
Estates® MjCtark. DSteveus (5), R. Tabs 
(5), BattenfieW (6) and Servob. W-Wmstnn 
2-a L-M. Oarii 133. 5v-SpradSn 0). 
HRs — PtvtodetoWa Roten (19). Brogna 120). 
CKcaga B Brawn (5), Mo-Groee (12), Sosa 
06). Sandberg 112). 

Mradred ooo aao ni— l 5 z 

Atlanta 002 ON OflK— 2 3 1 

CPerez. Bennett (8) and FtetdieD Smoltz 
and J. Lopez. W— Smoltz 15-11 L— C Perez 
12-12- HR— MantreaL Vidro (2J. 

Houston 000 on 110-4 8 1 

ChKtautf 200 030 Ottl— 5 12 0 

Hon. T. Martin (7). Hudefc (7), Magnante 
(7) and Ausmus Burba, G.Whrte (7). Belinda 
O). Shaw (9) and J. Olheo Fordyoe (9). 
W— Burba 10-10. L— Hoff 8-11. Sv— Shaw 
(40). HRs — Houston, DeBell (151, 
L Gonzalez (10). OndnrwtL Nunnally (1 0). 
NwYM 000 0W 002—2 5 2 

Harida 010 002 02K-6 6 1 

MBcU Little (8) and Pratt AJ^Iter, Non 

(9) and C. Johnson. W-A. Letter 10-9. 
L— Mfldd 8.12. HRs— Florida Canine H6), 
Alou (23). 

SL Loots 200 102 000 01—6 13 0 
Pltfsbar^i 010 220 000 00-5 12 0 
Aybac Pettovsek (6), Passes (7), 


P rasod ore (7), CJGng (HD, Ediersley (11) 
and Marrenr Cooke. Sadawsfey (6), 
Christiansen 16), M.WBUns (7), Wofloce (9). 
R Inon (9). LoiseBe (11) and KendalL W— C 
KJng 4-1. L— LoiseBe 1-5. Sv— Eckenley 
(36). HRs — St. Louis, McGwke QO), 
Lankford (31). Miorrero GO- Wts burgh, Want 
2 tfl. AJWartbi (13), Ronda (7). 

CoCwodo 000 011 211—6 7 3 

Las Angeles 101 010 010-4 11 1 

Astoria Leskanic (7). DeJeon (81, Dtpota 
(81 «md Je-Reed; Noma DraiftHt C83. Garedd 
(9) and Piazza W— Astoria 12-9. L— Noma 
13-12. Sv-Dipoto (15). HRs— Colorado. 
Barks O0}, JeJtosd2 (16)- 
Sn Francisco 000 00S 020-7 12 0 

San Dingo 900 002 020-4 13 1 

DDarwtn, Tavcrez (6), R. Rodriguez (7), D. 
Heray (8), R. Hernandez (8) and B. Johnson 
JJ-tamBton. Brasfta (6), BaCMter (8). Erdos 
(8) and Flaherty, C- Hernandez (8). W-O. 
Darwin 1-2. L— J. HamOtOfl 10-7. Sv— R. 
Hernandez (4). HRs— Son Frandsca 
DXamitton (5), Bands (36). 


AISmCAN LEAGUE 

Detroit 002 no 012-8 15 0 

Ban nan 099 120 00 a— 12 14 0 

S^andeca Jravfc CD. Duran (5). GaHtard 
(6), M. Myers (8) and Wotoodu KiMa 
NJtodriguez (5),T«JAnthem (8) end Hates. 
C Greene (9). W-N. Rodriguez, 1-1. L-S. 
Sanders, 6-13. HRs— Detroit, Nieves (20). 
Baffimora RAIomar (17), SuihofF 08). 
Hailes (13. Bardcfc (7). 

Taranto 021 000 000 00-3 10 0 

New York 010 001 ISO 01-4 10 I 

Carpenter; Ptesac (7), Quantrfll (8), Rtatey 
(9). Janzen (11) and a Scuifloga OBilen 
m>;Cone, Irabu (6), Stanton C7). Nelson (8), 
M. Rivera (9), Bonin (10) and Gtomfi. 
W— Banka 34). L— Janzen. 1-1. 

Seatfle 102 000 000 000 000-3 10 0 

OaUaDd020 100 NO 900 091-4 11 1 

ORvares, Spafjaric (4), Carmona (6), 
Chariton (7). TTmfin (8), Ayala (9), HoOemcr 
OH. Stoarmb (12). Lira (14) and Maizana 
DaWfcon (9); OquisL MoMer (6), Wffasick 

(6) . Groom (7). Taylor (7), T.J-Mathews (8), 

CReyes (1 1), KubinsM (14), AAnan (14) and 
Moyne. MaBna (9). W-A. Simd 8-5. L-Lira 
5-10. HRs— Seattle, Duoey (5). E. Martinez 
(28). Oakland. Giambi 2 (19). MaOrn CD. 
CMcago 000 000 338-6 12 1 

Boston 100 000 300-4 13 1 

Navarra, McElrey (7). Foalke (9), T. 
CastBo (9) and Fa bre gas, Karimvkz (8); 
Saberhagen, Checa (6), Mahay (7), Hudson 

(7) . Avery (7). Brandenburg (8), Wasdin (9) 
and Hattebera. W-McEbay 1-1 L— Avery 6- 
7. Sv— T. CasNSa (4). 

Ctevekaid ON 020 008-4 10 0 

Kansas Oty ON ON 23x— 5 6 0 

Judea A. Lopez (B) and SJUomaR Rusctv 
Oban (B), JAAmrtgomery (9) and 
MLSweeney, Moctariane (9). W— Olson 4-1 
L — A. Lopez 3-6. Sv— J. Montgomery (14). 
HRs-Clevelana Roberts (4). Kansas City; 
JJQng (24). 


Mlwautaie on 001 000-1 2 1 

Minnesota IN IN 22x— 6 12 o 

Eldred, Fetters (7), Rarie (8) and Levs 
Hawkins, Trombley (7). S winded (8} and 
OJIARIer. W— HowWns 6-11. L-Eldred 13- 
14. Sv— Swtaidell (1). HR— Minnesota, 
Means (10). 

Anaheim 901 010 41P-7 10 0 

Texas ON 301 002-6 12 1 

□.Springer, James (7). Holtz 0), Perchrat 
(9) and Kreutec H effing, Whiteside (A 
WJteredta (8), T&CtorMW and I.Rodrtguez. 
W— D. Springer 9-9. L— Heffing 2-3. 
Sv— Pachral 041- HRs— Anaheim. PhMps 
(8). Tacos. JuDoraolez (39). 

NATIONAL LEAGUE 

Heastae ON 211 000-4 10 1 

OKtaafl 000 001 000-1 5 0 

Hampton, R. Springer [9L B .Wagner (9) 
aid Ausmmo Tomka FeJlarktgiw (D. 
Wtatteter TO and J. diver. W— Hampton. 
14-11 L— Tomka u-7. Sv—B Wagner (20). 
HR— Houston, Bagwall (42). 

New York 400 OH 100-7 10 1 

Florida 020 ON 100-3 6 0 

Bahama Udte (7), McMIdtael (8) and 
Pratt AJHsnandez. Aitonsecn (6), K. MRter 
(8), F. HererSa (9) and CJahraan Zaun (8). 
W— Bahama 6-4. L— A. Fernandez, 17-11 
HRs — New York. Everett (14), McRae (1 1). 
PUtadetaWa 0« NO 003-3 6 0 

Chicago NO 020 NO-2 6 2 

Beech, Gomes (8), BoffaOca TO and 
LJeberthab Je£anzalez> T Adams (9), 
Patterson (9) and M. Hubbard, w— Gomes, 
4-1. L— T. Adams. 2-9. Sv-Bcrttanco (32). 
San Fradsca 0M IN 010-2 8 1 

San Diego CM 240 00s— 12 12 1 

Estes. Rapp Q). Poole iSh Johnstone (7), 
C. Baffey (8) and Benyh D l PJmtfh, Kroon 
(8). Bergman (91 and CJHemandez. Romero 
(8). W-P. Smith, 7-5. L— Estes, 184. 
HR— San Dlega G. Vaughn (171. 

Calarada 001 ON 010-3 6 2 

Los Angeles ON IN 000-1 9 I 

Jm.Wrtgta Leskanic (8). DipaTo (9) and 
Je-Reedj LVatdes. Osuna (B) raid Piazza. 
W^Jm.Wright 8-11. L-Osona 3-4. 

Sv-Dtpota (16). 

Montroal 0« 001 000-1 2 1 

Atlanta . 010 011 00s— 3 4 0 

P-LMarlfnez and Flotches Gtavine and J. 
Lopez. W— Gtavtne 14-7. L— P. JJWarttnez 
17-8. HR— Afhmto, J. Lopez (23). 

SL Louis Ml ON 000-1 6 7 

Pittsburgh 210 110 OSx— 10 12 1 
Beltran. Rofjgto (5). Printer (7). Bautista 
(0) Gaetfi (8) and DlfeOca Marrero (5); 
Loalza and KendaO. w — Loaiza li-ia 
L— Beltran 1-Z HR— Pittsburgh, Kendal (8). 

Japanese Leagues 


Hiroshhmi 

61 

60 

_ 

304 

143 

Sweden 4 Italy 1 

Yomhnt 

57 

68 

— 

456 

203 

ASU-OCEAN ZONE GROUP 1 PLAYOFFS 

Hanshin 

54 

69 

1 

439 

223 

UZBEKISTAN VS. PHILIPPINES 

Chunidri 

54 

70 

1 

435 

23J) 

SINGLES 


MORCUAOWI 



Oleg Ogarodov, Uzbekistan, def. Joseph 


W 

L 

T 

Pet. 

GB 

Lizard 0. Philippines, 6-1 64; Dmitry Tcmn- 

Seibu 

70 

50 

3 

333 

— 

shevidk Uzbekistan, def. Byron Joirco, 

Orix 

61 

54 

3 

330 

4-5 

Philippines. 6-1, 6-1. 

Kintetso 

62 

59 

4 

312 

83 

Uzbekistan i FtoffEp pines 0 

Daiei 

56 

64 

1 

467 

14.0 

GROUPS 

Nippon Ham 

58 

67 

1 

464 

143 

FINAL 

Lotte 

52 

65 

2 

444 

163 

LEBANON VS. IRAN 


Catnds, 63. 4-3, 7-6 (7-<Ui DonwtiK Hrtxdy, 0VCRALL:l.Ztr8e64 hours 57 minriei and 
Slovakia deL Sahastiefi Lareao, Canada 7-6 55 seconds; 2. Escartta 2MW bel*Kt 3, Dtt- 


(9-71, 7-6 (7-5), 6-3. faax 339; 4, Zaina 5.-07; & Herns 6:175 <L 

doubles SenoaoT7;lOf7.aairero7a»ajaWieft9Sfr ' 

Grant CsmeS and Daniel Nestoc Canodo 9, Farerin 11:1ft IS Lertenoh 1122. 
dei Dsnaiw Hrtwty and Jan Kraslck. Slo- 




Yriaiit 

Yokotana 


46 2 .623 — 
S5 — J45 9J 


ADVERTISEMENT 


•Memorable Momenls from Johnnie Walker: KYDI K (IP ,m I, lletmml l.ullmlu 



wtnnDAT's usuus 
CENTRAL LEAGUE 
YoLohamo 3, YakuB 2 
Yomtori 5, Hiroshima 2 
Chunichl 7, Harahln 0 

PACIFIC LEAGUE 
SeSni 3. Latte2 
Kintetsu A Orix 0 
Nippon Ham 4, Dalut 2 

SUMDAT'S HfUITI 
CENTRAL LEAGUE 
YakuD 3, Yokohama 2 
Yamiurf X H i ros hi ma I 
CtionkJii 2 Honshinl 

PAQF1C LEAGUE 
Lotte Z Setau 1 
Kintetsu 7. Orix 2 
Nippon Horn &Oaiei 2 


FOOTBALL 


Major Colleqe Scores 

Boston CD6ege3& Rutgen 21 

Brawn 52, Yale 14 

8uCkneB23. Lafayette 21 

Cotgrrie 27. Fontoam 14 

Connecticut 35, Hofstra 31 

Cornell 14 Prin c eton 10 

Dartmouth 23, Penn 15 

Harvard 4S Criumbia 7 

Holy Cross 2i Georgetown, DJI 21 

Lehigh 14 Towson 14 

New Hampshire 24, WHam & Mao’ 22 

Syracuse 3A Tutarw 19 

VHkwova 34, Maine 14 

Virginia Tech 24 Temple 13 

Arkansas 17, Alabama 16 

Aabum 31, LSU 28 

Duke 20. Army 17 

Florida 33, Tennessee 20 

Florida A&M 3a Jackson SL 14 

Florida SL 35. demson 28 

Georgia 42. NE Louisiana 3 

Georgia Tech 2a Wake Forest 26 

Minnesota 2d Memphis 17 

Penn SL 57. LaulsvUle 21 

South CaroSna 26, East Carokna 0 

Vandertritfia Texas Christian 16 

W. Carofina 45, Citadel 25 

Cincinnati 34 Kansas 7 

Iowa 63. Iona SL 20 

Kentucky 49. Indkma 7 

Michigan 3a Boy lor 3 

Michigan St. Z3. Notre Dame 7 

Ohio Si 2a Arizona 20 

Purdue 2& Ball St. 14 

Rice 4ft Nort hwe s tern 34 

Wisconsin 36. San Diega SI. 10 

GmmbSng St. 2a Langston 0 

Navy 46. Southern Melh. 16 

North Texes 30, Tens Tedi 27 

Texas ASM £6. SW Louisiana 0 
Air Force 24 Cotorodo St. 0 
Brigham Young IX Arizona St. 10 
Cdffomia 4d Oklahoma 36 
Nebraska 27, Washington 14 
New Mexico 25. Utah St. 22 
Oregon IX Fresno SL 4d OT 
Stanford 27, Oregon SL 24 
Utcti 56, Texas-0 Paw 3 
Wyoming 3a San Jose SI. 10. 


OF ,^ SS AND HUlvr AT WENTWORTH. 

r"* Smmnt - ihtrrbSmh <) /rtlrma&uW //eajW Tribune / SfW /hrumJUp U 


TENNIS 


Davis Cup 

WORLD CROUP 
6EWFMALS 

UNITED STATES Vd AUSTRALIA 
SMOLES 

Mtcftoel Chang, US. def. Patrick Ratter. 
Austrafla 6-4, T-4 6-3, 6-4; Pete Sompnss, 
United States, def. Marie PtiMppaassb Aps- 
traDa, 6-t, 6-i 7-6 (7-5). 

Pete Sampras, del. Patrick Raflea 6-7 (6-ffi 
6-16-164 

DOUBLES 

Toad Wbodforde and Todd Woodbridge, 
Australia def. Pete Sampras and Todd Mar- 
ta. U J- 3-4. 7-6 (7-5). 61 6-4. 

U^XAushoHel 
SWEOat VS. ITALY 
SMOLES 

Jonas Bkxtcmaa Sweden, del. Renzo 
Furian, Italy. 4-4. 64. 60. 6-4; Thomas Erv 
gvIsL dot OnrarCamporesa 63 67 (67) 61 
DOIflUES 

Janas Bietkman and NkMas Kultt Swe- 
den, def. Omar Cnmparese and Diega Nar- 
gisa Italy. 61,61,62. 


SMOLES 

All Ha made. Lebanon. deL Nokay All 
NakhaL Iraa 61 7-5, 64; Hicham Zefftab 
Lebanoa a Mahomed Reza TavahoO, Irmv6 
261, 63. 

DOUBLES 

AS Hamode and Nichem ZelfinL Lebanon 
def. Mahomed Reza Tavokdi and Sid Akbar 
To hart, Iran 64. 64. 63. 

Lebanon X Iran 0 
QUMJFyHG ROUNO 
ZIMBABWE VS. AUSTRIA 
SMOLES 

Thomas Muster, def. Byron Block. Sm- 
babwe. 6-3 3-6 623-6 1-4; Wayne Block, del. 
Gerald MandL 67 63 63 64L 
DOUBLES 

Byron Black and Wayne Black, Zimbabwe 
deL George Btamayor and Gerald MandL 
Austria 7-&6A 63. 

Zimbabwn 3. Austria 2 
MM VS. CHILE 
SMOLES 

Loender Poes, India, det Gabriel Silber- 
stein Chile. 61 62 6; Marceta Rtaa CMte 
def. Mahesh Bhupatl India, 62 3-A 6X 6 
A 

Mahesh Bhupatl def. Gabriel SSbentein 
67 (4-7) 66 64 64 63; MomBo Rios, del. 
beamier Paefc 67 (671 6-460 7-5(7-3). 
DOUBLES 

Leonder Poes and Mahesh Bhopathl ln- 
rfia, def. Marceta Rios and Nicholas Massau. 
Chile. 3-6 61 64.67 (3-7), 6-3. 

India* Ch Be 2 

BELOIUB VS. FRANCE 
SMOLES 

F36p Oewuff, Belgium, def. Fabrics San- 
torn France, 61, 6X 61 Johan Van Hereto 
Belgium def. Cedric Plafine, Franca 66 2-6 
7-5 14- j), refinxt 

GuBtoume Rooux. France def. FSp DemiK 
Btaghim. 6X 6-4. 7-5; Kristul Van Gaisse, 
Belgium def. Lionei Roux, 67 4-6 61 2-6. 

DOUBLES 

Fabric* Santoro. Gutflaume Rooux. 
France, det. Ftep DewuH, Ubor Plmek 67, 7- 
6 7-6 61. 

Belgium X France 3 
GERMANY VS. MEXICO 
SMOLES 

Boris Beckea Germany, det Luis Herrera. 
Mateo. 7-6 62 61 Marc-Kevin GoeUner. 
Germany, def. Alejandro Hernandez. Mflxfca 
7-66X63. 

Baris Becker, def. Atefandro Hernandez. 6 
4. 7-6 Jens KnippschBd, Germany, det Luis 
Herrera, Madca 62 66 6-4. 

DOUBLES 

Atone- Kevin Goeflner and Jens Knlpp- 
saw6 Germany, det. Oscar Ortiz and David 
PoddL Mexico, 7 5 (7-4), 7-a (7-D. 44, 63. 
GcmxxiyiMexJcoO 
RUSSIA VS. ROMAMA 
SINGLES 

Ataandor VMkov, Russia def. Andrei 
™«*- Romania 62 67 (7-5). 62 6-4 
JJjjyny KafeMkm. Russia def. Ion 
Motaavarc Romania 64, 74 (9-7), 64 
An*ri Pavel def. Yevgeny Kafetoikov,66. 
I** 4 - Ataander Valkov, del Ion 
Moldovan 64 6X7-5 

DOUBLES 

Andrei Pavel and Gabriel Trtfu, Romania 
ML Yeraeny KafoMkav and Andrei 01- 
tawskly. Russia 64 64 64 

Ru ssia 2 Romania 3 

5IMT&RLANO V& SOUTH KOREA 
SMOLES 

Sw,aefVsn 4 rtef. LeeHyung- 

1 5 Wfto1 * d M Y “" Yong-l 6 

Yoon Yang-il, det. Lorenzo Manta 64 62 
L« Hyung-tnic, def. Iva Hevberges 7-5 62 

o™ 1 Lorenzo Manta, Swffzor- 
Swiboriand X South Korea 2 

Braze, vs. new 2EAUUB 

MNGLES 

U,mS t 7L. K , UWtea Bna11 ** AfiStob 

L*^ 10 ^ 7 ^^ fa"""*! 

Mggwl Braza. del. Brett Stevea New 
Zealand. 61 7-6 64. 

_ . , DOUBLES 

Gustavo Kuerten and JaimeOndnaBraza , 

si. H “" t n ~ 


vakia,626X64 

Canada 2 StowkJal 

EURO- AFRICAN ZONE 
CROW t PLAYOFF 
HUNGARY VS. UKRAME 
SMOLES 

Andrey Medvedev. Ukraine, def. Atlffa Sa- 
voft Hungary, 61, 67 (1-7), 61 67. 62 
Komei Bankxzky, H uogary, det. Andrey Rlb- 
alka Ukraine 60, 64 

DOUBLES 

Andrey Medvedev and Dimitri Polyakov, 
Ukraine, dot AltflaSavutt and Gergeli'Kbgy- 
oergy, Hungary, 626X61. 

Ukraine X Hungary 2 
GROUP a 20 ROUND 
PORTUGAL VS. NORWAY 
SMOLES 

Jan Frade Andenea Norway deL Nuno 
Mora lies. Portugal 7-5. 61. 1-6 61 Chris- 
tian Ruud, Norway del. Emanuel Coula Por- 
tugal 61. 61, 61. 

Christian Ruud, def. Nuno Marques. 7-6 (7- 
2) 7-6 (7-5) 7-6 (7-2); Bernardo Mata, Por- 
tugal def. Heige Kaa 62 63 (best oMhm 
sets). 

DOUBLES 

Emanuel Couto and Bernardo Mata Por- 
tugal def. Christian Rudd and Hetge Kail 
Norway, 64 7-6 (7-1), 4-6. 62 

Norway X Portugal 2 

POLAND VS. POLAND 
SINGLES 

Bartotamlef DavrowsW, Poland, def. VBle 
Liukka, FlnVmd 4^, 7-5, 7-5, 61; Mlchol 
Chmeta, Poland, def. Tomas Ketota, Finland. 
34 62 2-4 64 64 

DOUBLES 

Vi8e Lhrkko and Tuamas Keteia. Finland, 
del Bartfamfef DabrowsU and Mkoel Cteneta, 
Poland 7-6 C7-4, 67 (9-1 1), 6(1 4-4 61 
Poland Z Finland 1 
AMERICAN ZONE 
GROUP I 
PLAYOFFS 

ARGENTINA VS. VENEZUELA 
SINGLES 

Heman Go my, Argentina def. Jose de Ar- 
mas. Venezuela 6a o-i 6-1; Lucas Arnold 
Argentina def. Jimy SzymansU Venezuela 
6-4 6-1 7-5. 

DOUBLES 

Pabk, AQxmo and Luis Loba Argenttaa 
del. Jlmy Szymonsw and Jcne de Anmre, 
Venezuela 6 1, 6-Q, 63. 

Argentina 1 Venezuela 0 
GROUP 2 
FINAL 

COLOMBIA VS. URUGUAY 
SMOLES 

Mario Rincon. Colombia d*t F ederi co 
Donda Uruguay. 5-7, 7-6 (7-5), 62 6ft 
Miguel Toboa Colombia del. Marceta FIW 
talrim. Uruguay, 7-6 (7-3), 67, 7-6 (7-5), 61. 
DOUBLES 

Miguel Totron and Merle Rincon Colom- 
bia dei. Marceto FHppini and Gonzala Ro- 
drigirez, Unrgmy, 62 61 67 ff -77, 7-5. 
Colombia X Uruguay 0 


AUTO RACING 


Auctrijw OhaiupPiux 

SUNDAY. IN smELBERO. AUSTRIA 
1 , JacqOes VBenarrva Oonada WBDam-Re- 
naultl bout 27 mtaohs and 35999 seconds, 
average spaad, 210228 kmih 
2 □. CooHhont Bit, Mdaren-Mercedes, 
2-909 sec behind 

X H. Frentzea Gor< WBfiams-Rencnrtt 3 j592 
4, G. Fatcheda Ha. Janksi-Peug, 12127 
& R. Schumoches Ger< Jordan- Peug. 31J9) 
6 M. Schumacher, Ger. Ferrari, 33410 
7. D. H31 Brit, Arrows- Yam aha 37207 
&J. Herbert Brft. 5auber-Petnmas,49a57 
9.G. MorbUen Ha, Soubar-Petra- 1 .-04455 
1ft G. Beiges Aus. Benetton-Renmrlt 1 lot 
behind. 

DMvnrs STMMMI1 1, Michael Scha 
mochoc 6& 2 Jacques ViBeneuva 62- X 
Heinz-Haruld Frentzea 31; 4 David 
Cauffhard, 3ft 5, Jean Aiesl 2 ft 6 Gerhard 
Berger. 21,-7, Gkmcarto FtelcfieNa 2® & E6 
(fie Irvina 14 9, OMer Paris 15; 
ia M8oa Hoktonen and Johnny Herbert 14 


CRICKET 





■^**4 »* & 


mMT TEST, FOURTH DAT 
SWHOAr. M HARARE, ZIMBABWE 

Zimbabwe 298 and 311-9 
New Zealand: 207 and 662 

UUM* vs. Muasnui 

SAHARA CW 
SATURDAY, M TORONTO 
PoWstam 1594 08 overs) 

Indhr 162-3(253 overs) 

India leads 5 match series 3-0. 


SOCCER 


b(lf (ifs 


Svf* 


m 


*■**#<■' gi 

... 


CYCLING 


TouhofSwih 

Uecfing pladngs in the ifiBJkm, I4flr ctMo 

tram Oviedo on Saturday: 

1, Joso-Vlcente Gareio Acosta Spam.. 
Banesla four hours, seven minutes and 10 
seconds 

2 Mariano Pkrott, Ua. Bresdatat 1 :18 

1 Bruno Thlbout France, Cofirfc, 133 

4 Martin Hvast^a Stay. Canflnc Tofla Ul 
4 Oonny Nefcsen. NetK, Rabobank. 234 
& Ate* ZuthiSwItzeriand, ONCE 10:14 
7. Daniel Oovcra Spain, Estepona 1Q23 
& Enrico Zaina Italy. Asks, IMS 
9, Fcrrnnda Escnrtbv Spain, Kotow aJ. 
ia Fflbkm Jakes Swibefiand. Lotus. 10-35 
Landing pledrigs In dwi 58.8 km,1Slh«age 

from Ovtodo on Sunday; 

2 Alex ZuBa, Switzerland ONCE 18 secs 

ittSStStsg; 

jssssssssar 1 * 


Aston Villa 2 Derby 1 
Boffon a Manchester Unifed 0 
Everton 4 Barnsley 2 
Leeds a Leicester 1 
Sheffield Wednesday a Coventry 0 
Southampton 1. Ltrerpool 1 
Tottenham <X Blackburn 0 
West Ham a N ewc astl e 1 
Wimbledon a Crystal Pakxe I 
Chelsea 2 Arsenal 3 

rauunmsT mvumn 
Atalanta ft Sampdorta 2 
Bari a BaiognaO 
Erapofi 1, Lazio 0 
IntemazJwiato 1 Floranlina 2 
Juventus 4 Brescia 0 
Ptaconza 1, AC Parma 3 
AS Roma X Lecce 1 
Vicenza 1, Napoli I 

PUNCH FMCTMVlIION 
Strasbourg a Bordeaux 0 
Lens 2 Toulouse 0 
Gulngamp 1, Nantes 0 
Woraefflel Orated inoui 0 

Auxerre I, Lyon 2 

Cannes 1. Rennes 1 
Montpelllera Monaco 2 

ftOTaiflMTDnflBOii 
PSV Eindhoven 4 Sparta Rotterdam 2 
W*em II TBburg £ Vatandam2 

^ P S !!^ Gro0,Sd ^ 0 
Twente Ensdiede t, MW Maonricw « 

RKCWaotwifriutreeJm 0 

9 r *’ in Wfl 1, Vitesse Arnhem I 
ES , ^E^ ertMde a Meeremeen 2 

NEC Nijmegen 1, Ajax Amsterdam 4 
«muiii w»— uw» 

^^“"aVft-WoHsbwgl 
Sdialke 04 2 Hamburg SV2 
Bayern Munich 3 

Leverkusen, 

* Bomaaia 

2 Kalserelmrteffl4 
im-IS"?!? 1 a Msv DttWKim 1 

^sasss&* 

^"Engtand 


■ : • , 'ii 


■ IfL 


? fete 


• i 






Brazil 1 New Zealand 0 a , Ko,rtI,: ^ T °^Bo»«OriumbwT!I!f X ; D - C ' 57 *- 

Korol Kucera, Slovakia, def, Danld Nestor. ^ FmncaCxrmosame » ColoSS) 4 ^^ Ang^ 


m ’• V : 




******* mj 

." v 

?- y > 
















INTERNATIONAL HERALD TRIBUNE, WEDNESDAY SEPTEMBER 24*1997 
INTERNATIONAL HERALD TRIBUNE, MONDAY, SEPTEMBER 22, 1997 


VAAT O 


PAGE 19 


urnal 


SPORTS 


iS It? 


Pirates Rout the Cardinals, 14-2 


n > China 


C e,n f*toity(hir StqffFmmOtipcarhrt 

Mart: McGwire's offense has stalled 


just when Pittsburgh got one going, with 
nd Turner Ward homering 


‘ n hand. 
■" to mak* lfc 


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Jose Guillen and 

■ . •“ ,,w * ,T «“« uuincnng 

m vict0r y Sunday over St. Louis 
— the Pirates second romp in as many 
days. J 

The Pirates woo 10-1 Saturday, giv- 
ing them three one-sided victories in 
!S™F S *S M ?' beat Houston 


12-3 Thursday during a week in which 
National 


one off the National League’s worst 
power-hitting teams hit 14 homers in 
seven games. 

The power surge has not spilled over 
to the Cardinals ’ dugout. McGwire, 


into 


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— — — - ““6UUL. inuviwite, 

me major league borne run leader with 
54, went hitless for the second game in a 
he was 0-for-4 — and now is [- 
for - 12 with one homer in the series. 

He needs seven homers in die Car- 


dinals’ last seven games, one against 

home 


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Pittsburgh and three each at 
against Cincinnati and Chicago, io tie 
Roger Mans’s 1961 record of 61 homers 
m a season. 

Despite the Pirates' recent power 
surge, only three NL teams — the Phil- 
Ues, Cubs and Astros — have hit fewer 
homers than the Pirates’ 128. 

The offensive breakout also appar- 
endy came too late to save the Pirates in 
tne NL Central race. They remain 314 
games behind Houston with seven to play 
despite winning five of their last seven. 

Rod Sox 5, White Sox 2 In what could 


moved to second on VVilfredo Cordero's 
single, took third on Reggie Jefferson's 
bunt and, after an intentional walk to Bill 
Hasefrnan and Troy O' Leary's popup 
scored when Ton. Fordham walked 
Mike Benjamin. 

In games played Saturday : 

Yankees 4 , Blue Jays 3 The New York 
Yankees clinched a plavoff spot for the 
tfuid straight year, beating the Toronto 
Blue Jays, 4-3, in J l innings as David 
Cone pitched five encouraging innings. 

Oriolo* 12 , Tigers, e Eric Davis, who 
returned this week after colon cancer 
surgery, snapped an 0-for-26 slump with 
two hits, driving in three runs, as Bal- 
timore won at home and reduced its 
magic number for clinching the AL East 
to three. 

Athletics A, Mariners 3 In Oakland 

Ken Griffey Jr. failed to homer in five ai- 
bats, and Seattle's magic number for 
clinching the AL West remained at 
three. Griffey, who hit his 53rd home run 


Baseball Roi 


indup 


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be tus tinal ume up in Fenway Park with 

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.. ~ . ™ . vunnji r wim 

the Kea Sox, Mo Vaughn drew a lead off 
walk to start a three-nm eighth inning 
Sunday and give Boston a 5-2 victory 
over visiting Chicago. 

The former AL MVP, who has been 
critical of and criticized by Boston man- 
agement during contract negotiations, 

has said he does not think he wifi be back 

with the team next year. His three-year, 
$1(5.6 million contract runs through 
1998, hut the Red Sox could trade him 
before then to avoid coming away with 
nothing. 

After receiving a standing ovation 
from some — but not all — of the crowd, 
Vaughn walked and was replaced by a 
pinch-runner, Shane Mack. Mack 


in the ninth inning Friday night, went I- 
for-5 with two walks and has seveD 
games remaining to eclipse Roger Mar- 
is ’s record of 61 homers in a season. 

Angela 7, Rangers o Eliminated from 
the wild-card race earlier in the day, 
visiting Anaheim rallied behind Garret 
Anderson and Luis Alicea. 

White Sox 6, Red sox 4 In Boston, 
Nomai Garciaparra became the first Red 
Sox rookie to reach 200 hits since 
Johnny, Pesky in 1942. but Chicago’s 
Ctezie Guillen keyed a three-run eighth 
with a rwo-run single off Steve Avery 16 - 

Royaia 5 , Indians 2 In Kansas City, 
Johnny Damon hit a tie-breaking triple 
in the eighth inning as Cleveland's ma- 
gic number for its third straight AL 
Central title stayed at four. 

iwiiw 6 , Brewers 1 Pat Meares 
home red and LaTroy Hawkins (6-11) 
held visiting Milwaukee without a hit 
until the sixth. 


Cal Eldred (13-14) gave up two runs 
ith s 


and six hits in sly innings with six walks 
and two hit batters. 


R«*kie* 2 Dodgers i Eddie Murray 
grounded into a game-ending double 
play with the bases loaded, and the Los 
Angeles Dodgers lost to the Colorado 
Rockies. 2-1, remaining one game back 
in the NL West 

Radros 12 , Giants 2 In San Diego. 
Greg Vaughn drove In five runs with a 
double and homer, and Tony G wynn had 
three hits and three RBIs to raise his 
batting average three points to .3699. 
Gwynn retook the NL lead, just ahead of 
Colorado's Larry Walker ox .3696. 

PhHfia* 3 , Cub* 2 Ryne Sandberg did 
not want his special day to end like 
this. 

The retiring Chicago Cubs’ star was 
honored before the game, then went 0 - 
for—i and misplayed a grounder f h a t al- 
lowed the visiting Phillies to score the 
go-ahead run in a three-run ninth in- 
ning. 

Meta 7 , Martins 3 Brian McRae hit a 
first-inning grand slam and visiting New 
York averted elimination from wild- 
card contention — at least temporarily. 

Astros 4, Rads 1 In Cinc innati, Jeff 
Bagwell hit his 42d homer and Mike 
Hampton allowed five hits over eight- 
plus innings. Houston reduced its num- 
ber for clinching the NL Central title to 
five. 

The Astros, looking for their first di- 
vision title since 1986, have a 3^-game 
lead over the Pirates. 

Pintos 10 , Cardinals 1 1n Pittsburgh, 
the Pirates kept Mark McGwire in the 
ballpark and stayed on the fringe of the 
NL Central race behind Esteban 
Loaiza’s complete-game pitching. 

McGwire, who hit his major-league 
leading 54th homer on Friday, was 0- 
for-4 with two strikeouts as Loaiza con- 
stantly fooled him with low -and -aw ay 
breaking balls. 

Brev»» a. Expos i Tom Glavine, who 
hasn't lost to Montreal in nearly five 
years, pitched a two-hitter to beat Pedro 
Martinez in A tlan ta 
Glavine (14-7) walked three and 
struck out six in improving to 11-0 
against the Expos with three no-de- 
cisions since he lost to them on Aug. 25, 
1992. (AP.NYT) 


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Fred Taylor, a Gator ruiwiDg back, being pursued by three Volunteers. Florida beat Tennessee, 33-20. 


The Gators Spoil Manning’s Big Day 


By Malcolm Moran 

JVw York Times Service 


I 




GAINESVILLE, Florida — He had 
chosen to be here at the expense of bis 
bank account a nd his peace of mind. 
Peyton Manning had beard the threat 
that the Florida Gators would seek to 
knock him out of a game with national 
championship implications. What Man- 
ning discovered in the beat of Florida 
Field, was a far more efficient way for 
the Gators to say goodbye. 

In the biggest game of his final col- 
lege season, they rah him out of town. 

Florida’s 33-20 victory Saturday, its 
fifth in as many years over Tennessee, 
made use of an interception of a Man- 
rung pass, and a 89-yard touchdown 
reborn by Tony George. The Gators sur- 
rounded Manning . They forced him to 
the outside,- and, too often for the Vol- 
unteers’- championship hopes, they re- 
. duedd him to me role of spectator. 

The Gators, ranked No. 3 in The As- 
sociated Press poll, manufactured touch- 
down drives of 59, 63 and 77 yards under 
the reliable guidance of Doug Johnson, 
toe sophomore quarterback. Johnson 
torew three touchdown passes and over- 
came two interceptions. Manning was 
intercepted twice, his fifth and sixth 
against Florida in the last two years. The 
fast interception, and Geoige’s return, 

f ive the Gators a 14-0 lead that No. 4 
enoessee could ‘never overcome. 

In other games, reported by The As- 
speiated Press: 

No. 1 Pmw St 57 , LontevBfo 21 At 

Louisville, Curds Enis rushed for three 
touchdowns and Joe Jurevicius caught 
toree TD passes as Penri State ran its 
warning streak overuori-Big Ten foes to 
19. The Ninauy Lions P-0) scored the 
last 22 points of the first half for a 50-14 
lead over Louisville (1-3). 

No. 7, Urtrwl a 27, Mo. 2 Wa riiin tfoii 

J* At Seattle, Washington lost starting 
Brock Huard with a 
ankle in the first quarter and 
Spaced- biin with freshman Marques 


Tuiasosopo, who rallied the Huskies 
with two touchdown passes. But it 
wasn 't enough against Nebraska, which 
ob trashed the Huskies 384 yards to 43. 

Ha. 5 Florida St. 35, No. 1 6 damson 28 
At Clemson. Peter Wamck scored three 
long touchdowns, including a 90-yard 

§ unt return, as Bobby Bowden woo his 
00th game at Florida State. Clemson 
(2-1, 1-1 ACC) pulled to 28-25 on Ne- 
aipn Greene’s 17-yard TD pass to Brian 
Wofford and a 2 -point conversion, but 
Florida State (3-0, 2-0) came right back 
with an 80-yaid TO catch by Warrick. 

No. 6 N. Carolina 40, Maryland 14 At 

College Park. Oscar davenport passed 
for 28 1 yards and two touchdowns in his 


Coucai Football 


first start of the season. The Tar Heels 
(3-0. 1-0 ACC) trailed 7-0 in die second 
quarter, but scored 10 points off two 
nimble recoveries deep in Maryland (0- 
3, 0-2) territory to go up 17-7 early in the 
third quarter. 

No. 8 Michigan 38, Baylor 3 At Ann 
Arbor, Michigan didn’t allow a touch- 
down for the second straight week and 
the offense gained 532 yards to rout 
Baylor (1-2). It was the second week in 
a row that Michigan (2-0), a Big Ten 
team, manhandled a Big 12 team. The 
Wolverines beat Colorado 27-3 a week 
earlier. _ 

No. 9 Ohio Bt. 28. Arizona 20 A t 
Columbus, Andy Katxenmoyer picked 
off a shovel pass and returned it 20 yards 
for a TD as Ohio State improved to 3-0. 
The Buckeyes had io recover an onsfcte 
kick and pick up a first down on a third- 
down running play whh 1-30 left to lock 
up the victory over Arizona (1-2). 

No. 12 Auburn 31, No. 10 LSU 28 A t 

Baton Rouge, Rusty Williams scored 
two touchdowns, including the winning 
1-yard dive for Auburn (3-0, 2-0 SEC) 
with 30 seconds left. t 

The score came after LSU (2-1, 1 -I) 
was penalized for having 12 men on the 
field. LSU had a final chance to force 


overtime, but Wade Richey’s 64-yard 
field goal attempt was blocked as the 
game ended. 

Brigham Young 13, No. 14 Araona St. 

io AtTempe, Owen Pochman’s 32-yard 
field goal with 4:39 remaining lifted 
BYU over Arizona State (2-1). It was 
the Cougars’ first victory in Tempe 
since 1965 and only their sixth in a 26- 
game series that started in 1935. 

Arkansas 17, No. 11 A laba m a 46 At 

Tuscaloosa, Stoerner led Arkansas on 
the winning 58-yard scoring drive, one 
yard more than me fourth-quarter drive 
the Razorbacks used to beat the Tide in 
1995, 20-19. It was the first loss for the 
new Alabama coach, Mike DuBose. 

No. 13 lowa 83, Iowa St. 20 At Ames, 
Iowa, Tavian Banks scored four touch- 
downs and Tim Dwight caught three TD 
passes as Iowa routed its third straight 
opponent The Hawkeyes(3-0), who are 
averaging 61 points, scored the most 
points by either team in the 45-game 
series. Iowa State fell to 0-4. 

Mo. 17 Michigan Sfc. 23, Note Bam® 7 
At South Bend, Renaud rushed for 112 
yards and Irvin ran for 106 as Michigan 
State dominated Notre Dame. The home 
fans booed the Notre Dame offense as it 
walked off the field midway through the 
fourth quarter, and booed again when 
Ron Powlus's pass was intercepted with 
two minutes left 

No. 18 Virginia Toeh 23, Itompto 13 At 
Temple, Ken Oxendine ran for 1 60 
yards and two touchdowns as Virginia 
Tech (3-0, 3-0 Big East) survived a 
scare from Temple (1-3, 1-1), which 
twice fumbled away scoring chances m 
the fourth quarter. 

No. 18 Washington St. 35, Olirtois 22 

Ryan Leaf threw four touchdown passes 
as visiting Washington Stale (3-0) beat 
winless Illinois (0-3). Leaf was 2 1 -of- 
36 for 302 yards, giving him 1 ,038 yards 
for the season. 

No. 21 Stanford 27, OrogonSt. 24 Greg 
Cornelia scored on a 2-yard run with 27 
seconds to left to giye Stanford (2-1 ) the 
victory over hosl Oregon Stare ( 1 - 1 )■ 



Tyson Leaves 
Holyfield at 
AIVs Altar 


By Timothy W. Smith 

New York Tunes Service 


LOUISVILLE, Kentucky — - 
Evander Holyfield and Mike Tyson still 
have not spoken to each other since their 



third round. 

They were supposed to share a stage 
ax Freedom Hall here Saturday night, at 
a gala honoring the former heavyweight 
champion Muhammad Ali and conclud- 
ing a week of amateur boxing in the first 


annual Ali Cup. 
Holyfield she 









• "A" 


David Cone pitching against the Blue Jays during the Yanks’ « - victory! 


Harvard Wins Ivy Opener 


Owftfnl far Our Suit Fit *i DopuBlt* 

Harvard was ready for the start of 
the Ivy League season and Columbia 
was not. 

The Crimson, anticipating a win- 
ning season for the first time in 10 


years and playing at home, took ad- 
>f four tur 


vantage of four turnovers to score 38 
points in the first half of Saturday's 
game and went on to win, 45-7. 

The point total was the highest for 
Harvard in 64 games, going back to a 
52-37 triumph over Brown in 1990. 
There might have been more, had not 
Troy Jones *s 93 -yard kickoff return in 
the second quarter been erased be- 
cause of a holding penalty. 

Brown 52, 14 Yale’s new 

coach. Jack Siedlecki, had an inaus- 
picious debut as Brown crushed die 
Eli 52-14, before a crowd of 15315 


at the Yale Bowl, It was Yale's third- 
worst loss in 1 25 years of football and 
its most lopsided opening-day de- 
feat 

Corns II 14, Princeton io Quarter- 
back Scon Carroll threw for 121 yards 
and the winning touchdown as host 
Cornell beat Princeton, 14-10, in die 
season opener for both teams. 

Dartmouth 23, Penn 15 Kickers of- 
ten score a lot of points, but Dave 
Regula of Dartmouth had au excep- 
tional day in a victory over Penn in 
Philadelphia. Regula made field goals 
of 38, 33 and 23 yards and added two 
extra points for Dartmouth. Then on 
the kickoff after the 23-yardcr, Penn’s 
Brandon Carson fumbled straight into 
Regula’s hands and die kicker sprin- 
ted untouched for a 32-yard touch- 
down. {NYT. AP) 


— owed up. Tyson did not, 

though he sent a check for $300,000 for 
Alt's charitable foundations and a 
promise of another $300,000 after his 
next fight. 

Tyson’s image was damaged again as 
he stood up Ali, arguably the greatest 
ambassador the sport of boxing has ever 
had, at a tribute to him in fus home- 
town. 

Robert Hope, a member of the At- 
lanta-based public-relations firm han- 
dling the Ali Cup and the tribute to Ali, 
said Tyson had had problems with his 
chartered flight from New Jersey. 

The organizers of the tribute did not 
find that out until the event started at 8 
P.M., when the people sent to meet 
Tyson at the Louisville airport called to 
say he had not arrived at the scheduled 
time. Hope said much of the day had 
been spent negotiating with Tyson's 
representatives to ensure the boxer's 
presence at the event 

Organizers of the gala had said that 
George Foreman and Joe Frazier, bitter 
rivals of Ali in his heyday, also would 
attend, but they did not 

Even though the organizers had billed 
the planned meeting of Holyfield and 


Tyson as a sort of heavyweight boxing 
Holyfield seemed per- 


rec one illation, „ v 

turbed that any apology from Tyson 
over the biting incident would be public 
fodder. 

‘Tm not here for that,” he said as he 
left the reception. “I'm here for the 
kids.” 

Two weeks ago, while he was in New 
York promoting his coming bout with 
Michael Moorer, Holyfield said he ex- 
pected Tyson to apologize to him at 
some point, but he said he thought that 
Tyson would do it in his own time and in 
private. 

But Holyfield said he was happy to 
support Ali and amateur boxing. 
“Without it, it's like not going to gram- 
mar school,” Holyfield said. 



I 


i 


IT 


f 








SOCCER Inter Milan Wins p. 18 GOLF The Rough Ryder p. 1 8 FOOTBALL The Gators Gobble p. 1 9 


PAGE 20 



Montgomerie Falls 
Short, Talks Big 


golf Greg T inner of New Zea- 
land held off a charging Colin 
Montgomerie to win the British 
Masters on Sunday in Coventry. 


England, as Europe’s Ryder Cup 
team wound ud its dress rehearsals 


team wound up its dress rehearsals 
for this week’s battle against die 
United States. 

Despite his near-miss, one shot 
behind Turner. Montgomerie 
gave the cup team a major boost 
for its defease of the title with a 
sparkling eagle-birdie finish to 
complete a nine-nnder-par 63. 
Turner carded a two-under-par 70 
to win with a total of 275, 13 under 
par, after holing a five-foot victory 
putt at the last hole. The New 
Zealander bogeyed the long 17th 
hole as his lead was cut to one 
shot, but after hitting a bunker at 
the last he sank the crucial putt. 

Montgomerie said he expected 
a European victory in the Ryder 
Cup on Sunday. "I really do feel 
we are going to win,” he said. 
"The American team isn’t pos- 
sibly as strong as we think it is and 
a lot of their guys are beatable and 
have been beaten. ’ ’ f Reuters) 


Znlle Cushions His Lead 


As Tonkov Wins Stage 


CYCLING Pavel Tonkov of Rus- 
sia won the 15 th stage of the Tour 
of Spain on Sunday as Fernando 
Escaitin moved into the overall 
No. 2 spot 

Tonkov, who also won the 
tour’s 13th stage, overtook Es- 
cartin about three kilometers ( 1 .86 
miles) from die finish to win with 
a time of 4 hours, 3 minutes, 55 
seconds. Sunday's race was a 159- 
kilometer ride from the northern 
city of Oviedo to the Covadonga 
Lakes in Congas de Onis. 

The Russian had said he 


planned to quit the race to go see 
his newborn son, Nicholas, in 


his newborn son, Nicholas, in 
Madrid after winning Friday's 
stage, but changed his mind when 
the tour planners flew him in for a 
brief visit 

Alex Zulle of Switzerland 
pulled considerably ahead in the 
overall standings. With a time of 
64 hours, 57 minutes, 55 seconds, 
he is 2:46 ahead of the pack. 

Zulle's compatriot Laurent 
Dufaux, who has spent the greater 
part of the race just behind Zulle, 
lost his seat to Escartin of the 
Kelme-Costa Blanca team. 

Monday's stage is a 195-kiIo- 
meter (121 -mile) race from Can- 
gas de Onis to the Atlantic coastal 
city of Santander. (AP) 


Albert Trial Set to Open 


The trial of the U.S. sportscaster 
Marv Albert is expected to include 
graphic testimony about rough 
sex. But whether Albert goes to 
prison hinges on whether jurors 
believe his accuser was a willing 
participant, legal experts say. 

Albert’s trial on charges of for- 
cible sodomy and assault and bat- 
tery begins Monday. A 42-year-old 
Virginia woman with whom Albert 
had a 10-year relationship alleges 
he bit her as many as 15 tunes and 
forced her to perform sexual acts. 
Albert could be sentenced to life in 
prison if convicted. 

Prosecutors have said the case 
will include testimony that Albert 
wanted another man to join him 
and the woman in a room at the 
Ritz-Carlton Hotel last Feb. 12. 

The options of Albert’s defense 
team are limited by tests that show 
Albert’s DNA was found on the 
woman's skin and clothing after 
the alleged attack. "They got 
him,” said Anne Coughlin, a law 
professor at the University of Vir- 
ginia. “At this point he doesn't 
have any choice — he can either 
confess and say, ’she’s right, es- 
sentially I raped her, ’ or he can try 
to challenge her claim that it was 
against her will.” (AP) 


& 1 Ht 




Hcralb^^Sribunc 


Sports 


MONDAY, SEPTEMBER 22, 1997 


U.S. and Sweden Gain 


Davis Cup Showdown 


Sampras and Bjorknwn Triumph 


The Associated Press 

WASHINGTON — The United 
States, behind the scorching serves of 
Pete Sampras, eliminated Australia on 
Sunday and is headed to the Davis Cup 
finals. 

Sampras beat Patrick Rafter, the U.S. 
Open champion, 6-7 (6-8), 6-1, 6-1, 6-4, 
on Sunday to give the United States an 
insurmountable 3-1 lead in the best-of-5 
semifinals. The United States will travel 
to Gothenburg, Sweden, for the Nov. 28 
to 30 finals. Sweden defeated Italy, 4-1, 
after sweeping Sunday’s reverse 
singles. . 

Sampras did not face a break point the 
entire match, did not give up a single 
point on bis serve in the second set and 
served seveo games to love. He hit 14 
aces and had just one double fault in the 
2-hour, 19-minute match- 


spike an overhead volley rather than just 
simply putting it away. He often glared 
at Rafter, who earlier this month won 
the U.S. Opal crown that Sampras bad 
come to own for much of tbe 1990s. 

Rafter made a valiant effort to stay in 
the match through tbs first set, saving 
four break points in the fourth game and 
winning a titanic tiebreaker with a fore- 
hard passing shot on Sampras's serve 
that gave the Australian set point and 
had mm pumping both fists. 

But Rafter s serve-and-volley game 
began to desert him. He netted many 
easy forehand volleys and Sampras 
began hitting return .winners against the 
Australian's usually solid serve. Rafter 
even had trouble with his toss, at one 
point kneeling with his head down to 
regain his composure after two con- 
secutive wayward tosses. 

The United States led 2-0 after Fri- 


bCLUUU i&vgiow juigivj — — 

chael Chang played Mark Philippoussis 
in a match reduced to best-of-3 sets. 

After his winning volley on match 
point, Sampras raised both hands and 
hugged the team's captain, Tom Gul- 
likson. Sampras and GuIIikson then 
each ran a victory lap with an American 
flag to the cheers of 7,500 at the 
FitzGerald Te nnis Center. 


day’s singles, when Chang defeated 
Rafter and Sampras beat Philippoussis. 


The United States will be playing in 
the finals for the 59th dme and will be 
seeking its record 32d title. The U.S. 
team last won the Davis Cup in 1995, 
when Sampras led a 3-2 victory over 
Russia in Moscow. 

Sampras's play was as intense as it 
was overwhelming. Twice he leaped to 


Rafter and Sampras beat Philippoussis. 
Mark Woodforde and Todd Wood- 
bridge kept the Australians alive with a 
doubles victory over Sampras and Todd 
Martin on Saturday. 

In Norrkoping. Sweden, meanwhile, 
Sweden advanced to the Davis Cop fi- 
nals for the second straight year when 
Jonas Bjorkman defeated Renzo Furlan 
of Italy, 4-6, 6-4, 6-0, 6-4. 

Bjorkman’s victory in reverse singles 
gave Sweden, the most successful Davis 
Cup nation the two past decades, an 
unbeatable 3-1 lead in the best-of-5 



J. 


reverse singles, making the final score 
4-1. The final match was shortened to 
best-of-3 sets after Bjorkman's clinch- 


Seles Beats Sanchez Yicario 


senes. 

Thomas Enqvist beat Omar Cam- 
porese. 6-3, 6-7 (5-7), 6-3, in the last 


Bjorkman, a U.S. Open semifinalist 
in singles and a finalist in doubles with 
his compatriot NicJcJas Kulti two weeks 
ago, was his country's outstanding play- 
er. He won both singles and teamed with 
Kulti to win Saturday's doubles. 


After two hours and a final set- 
tiebreaker, Monica Seles finally man- 
aged to surprise Arantxa Sanchez Vi- 
cario, The Associated Press reported 
from Tokyo. 

A drop shot on her fourth match point 
gave die top seed a 6-1, 3-6, 7-6 (7-5) 
triumph Sunday and her fourth chant- 


Bledsoe Hits 
For 2 IDs as 
Patriots Drub 
Hapless Bears 


* ; 


The Associated Press 

Unbeaten but unimpressive, the Pat- 
riots picked on another poor team. 

Drew Bledsoe, the NFL’s top-ranked 
quarterback, threw two scoring passes 
as New England beat tbe winless and 
wounded Chicago Bears, 31-3, on Sun- 
day. But the host Patriots wasted some 
excellent chances against the team that 
had allowed the most points in the NFL. 


NFL Roundup 



Villeneuve 


Victorious in 
Austrian Prix 


And one week after Curtis Martin ran 
fra 1 a team-record 199 yards. New Eng- 
land struggled on the ground until he 
broke loose for a 70-yard touchdown 
run with 7:44 left 

Those problems didn't matter for the 
NFL’s top-ranked offense: Chicago (0- 
4) has one of die worst attacks and 

§ iayed without running back Rashaan 
alaam, who is out for the season with a 
broken ankle. 

Moreover, starting' Rick Mirer, the 
second player drafted in 1993 behind 
Bledsoe, in place of Erik Kramer, didn't 
help against an outstanding defense that 
has given up seven or fewer points in 
three of its games. Mirer was 17-of-25 
for 154 yards and two interceptions. 

The Patriots (4-0) had beaten San 
Diego and Indianapolis before beating 
the New York Jets in an emotional over- 
time game against former coach Bill 
ParceUs. The schedule gets much tough- 
er after a bye week when New England 
plays its next game at Denver. 

Bledsoe’s touchdown plays covered 
7 yards to Vincent Brisby in die first 
quarto: and 52 to Troy Brown in the 
second on which Brown ran the last 43 
yards. The quarterback was 24-of-37 for 
301 yards and one interception. 

•Ma 23, Haidars 22 Their offense and 
defense couldn't do much, so the New 
York Jets did something special with 


Sj|PP 


Sty 

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ill 


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— ■tady MmWThr Wx-iolnl ftrw 

The Vikings’ Robert Smith diving over the Packers’ Reggie White for a score on Sunday. Green Bay won, 38-32, 


The Associated Press ' 

SPIELBERG, Austria — 
Jacques Villeneuve of Canada used 
a little help from Ins teammate to 
draw within a point , of Michael 
Schumacher in die season’s* 
drivers' standing after winning the. 
Austrian Grand Prix on Sunday. 

Second in the race was David 
Coultbard, who won die last race in 
Monza two weeks ago in his McLar- 
en-Mercedes. Villeneuve led 
Couhhard by 2.9 seconds at the end 
Heinz-Harald Frentzen took third 
place. Schumacher, in a Ferrari, was 
given a 10-second stop-and-go pen- 
alty for overtaking Frentzen, VH- 
leneuve’s Wfiliams-Renault team- 
mate, while under die yellow, or 
caution flag on the 39th lap. 

“It’s a shame,” Schumacher 
said about his penalty. “The prob- 
lem was that I was following two 
cars and really fighting very hard 
and I didn’t see the yellow flag.” 

Schumacher came in on the 50th 
lap while in third, 22 seconds be- 


hind. He went out in ninth place, 36 


seconds behind, counting his slow- 
down and acceleration. Schumach- 


their special teams. In the process, they 
avoided tying an NFL record for home 
futility with a 23-22 comeback victory 
over die Oakland Raiders. 

Corwin Brown blocked a field goal 
and Ray Mickens sped 72 yards after 
grabbing the loose boll for the winning 
touchdown with 12:5 1 remaining. In the 
third quarter. Brown caught Brian 
Hansen’s short pass on a fake punt and 


turned it into a 26-yard gain, setting up 
rookie John Hall’s third field goal, from 
26 yards. 

The Jets (2-2) had lost 13 straight 
home games, one short of the league 
mar k held by Dallas (1988-89). Two of 
those losses were to the Raiders, who 
had woo five in a row and 1 1 of the last 
12 against the Jets. 

The Raiders ( 1-3) appeared, headed for 


another victory as Jeff George threw for 
374 yards and three touchdowns, beating 
comerback Otis Smith on each. Tim 
Brown, the league’s leading receiver en- 
tering the game, had 10 catches for 153 
yards, with a 29-yard TD, and James Jett 
caught five passes for 148 yards and two 
scores — a 56-yarder in the first quarter 
and an 1 1-yarder in the second. 

But as they’ve done for much of the 
young season, the Raiders made critical 
mistakes to cost them a victory. Cole 
Ford missed field goals of 44. 27 and 47 
yards, botched an extra point and had 
the crucial block by Brown. The snaps 
were poor or mishandled on three of the 
kicks. 

Trailing by a point, they suddenly 
couldn't protect George, who was 
sacked twice on one series. On the next. 


Ford’s 47-yarder was wide right 

Napoleon Kaufman, coming off a 
140-yard, two-touchdown effort against 
Atlanta, gained 126 yards but didn’t 
break any long runs. 

But Ford’s problems and Hall's 
marksmanship — he also made field 
goals from 34 and 47 — made the 
difference. 

Until the fourth-quarter turnaround, 
the Raiders kept working on and over 
Smith, who played comerback for the 
Patriots in the Super Bowl last January. 
He was no match Sunday for the speedy 
Jett, and was not within five steps of 
Tim Brown on his touchdown. 

The Raiders went for a 2-point con- 
version after. Brown’s TD, but Jett 
slipped in the end zone, sparing Smith 
further embarrassmenu 


er climbed back up to sixth, 33 
seconds behind,- -to gain a point, 
while Villeneuve scored 10. 

In the drivers’ standings, Schu- 
macher now has 68 points and Vil- 
leneuve has 67. Frentzen is third 
with 3 1 points. It was the 10th career 
victory for Villeneuve and his sixth 
this year. Giancarlo Fisichella of 
Italy and Ralf Schumacher, Mi- 
chael’s younger brother, were fourth 
and fifth in Jordan-Peugeots. 

The defending world champion, 
Damon Hill, finished seventh, after 
he was overtaken by Schumacher 
on the penultimate lap. 

Villeneuve spent the first 23 laps 
in third and took over the lead when 
Jaroo Trulli pitted on the 38th lap. 


Even- country has its own AT&T Access Number which 


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Sweden’s Jonas Bjorkman powering a shot to Italy’s Renzo Furlan. Sweden advanced to the DavcsCup final. 


pionslnp in the Toyota Princess Cop, 
including two in a row with victories 
over Sanchez Vicario in the fmaLShe 
also won in 1991 and 1992. 

Up until the final point, Sanchez Vi- 
cario said, “every time she hit a (bop 
shot I came back with a winner. I was 
surprised she did that on match point, ft 
bounced very weird. I tried to gt^-aod 
the ball went the other way.” 




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