New Braunfels Herald Zeitung, May 18, 1983, Page 4

New Braunfels Herald Zeitung

May 18, 1983

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Issue date: Wednesday, May 18, 1983

Pages available: 109

Previous edition: Tuesday, May 17, 1983

Next edition: Thursday, May 19, 1983

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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

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All text in the New Braunfels Herald Zeitung May 18, 1983, Page 4.

New Braunfels Herald Zeitung (Newspaper) - May 18, 1983, New Braunfels, Texas 4A New Braunfels Herald Zeitung Wednesday, May 18 1983OpinionsHerald-ZfitungDave Kramer, General Manager    Robert    Johnson,    Editor Guest viewpointPanel will examine problems caused by peso woes By TOM LOEFFLER U S Rep Dist 21 Last year. Texans at home and in our nation's capitol watched with c -ncern the events signaling that our neighbor to the south was confronted with even deeper and more critical economic problems than had previously been experienced As a result there were not one but two devaluations of the peso, with the frond devaluation necessitating an immediate trip to Washington by Mexico’s foreign minister to report that his country did not have enough foreign currency to pay for a month's imports. l'he ramifications of the Mexican report were abundantly clear The world's thirteenth largest economy was in trouble, and immediate action would be necessary to address its economic problems. In response, our Department of State, Treasury, Energy and Agriculture joined together to help avert economic catastrophe for Mexico Within days, the* wheels were set rn motion The peso was successfully defended and Mexico given time to work out her own solutions both internally and with regard to her foreign debt President Reagan has now called for an equally dramatic response to the problems the peso devaluations caused on our side of the border In my judgment, Hie economic crisis confronting our border states including Texas i alls for the same coordinated effort Therefore, it gave me great satisfaction to learn, prior lo his trip to Texas for the Cinco de Mayo celebration, that the President would be announcing the establishment of the Working Croup on Southwestern Border States To be chaired by Robert Dederu k. Under Se« rotary for Economic Affairs in Department of Commerce, this border task force will be composed of representatives of the Departments <>f State, Trasury. Justice, Labor Health and Human Services. Housing and Urban Development, the Office of Management and Budget, and the Small Business Administration, as well as the White House Within 45 days the border task force is to report to the President concerning the magnitude of the problems which exist in the border region, what state and local governments can do at the present time, and what ai tion the Federal Government should take. The choice of San Antonio for this important announcement was highly appropriate For, while the impact of the fM-so devaluations have been felt most severly along the Mexican border    where    unemployment ranges from 20 to 30 percent and where retail and wholesale trade are down as much as 60 percent in truth our entire state is adversely affected and could be for years to come These sharp increases in unemployment, coupled with falling business activity, are causing local tax bases to erode rapidly at the same tune that local government entities are being required to shoulder the additional burden of educating alien children in Texas public schools Illegal iinmigraion, as we all know, is up 50 percent over last year and some are estimating that fully one-third or more of the 2 million illegal entrants will become pemianent residents Many are expected to find their way to Texas, which will exacerbate state and local burdens. While we all share in the hope that the Mexican economy fully recovers, there is no question that the recovery will be a long and extended process Therefore, those areas within the United States along the border simply can wait no longer We must turn with the same commitment and coordination to help those in our own country who. through no fault of their own. have been suffering due to the devaluation of the peso The President's border task force is an important first step - a step which must be followed by-prompt action Jack Anderson Oil company faces charge of bribery Ashland Oil Co., one of the biggest independents in the business, has l>eet» accused by one of its own senior executives of having made possibly illegal payments to officials close to the Sultan of Oman The accusations wert* made by Vshland executive Hill F McKay in secret communications with several members of the company 's board of directors McKay ttmk part in several of the dubious transactions himself Fearing that fie and other Ashland executives could he liable to rumania! prosection for violating tho Foreign Corrupt Practices Act, McKay prevailed on the board to launch an internal investigation. The law forbids brills to foreign officials to gain advantage over competitors My associate Indy Badhwar has obtained internal company (I'M aniente lh.it detail some of Unquestionable transactions One is a memo to Uh* board of directors from Ute Washington law firm of Wilmer, ( utler and Pickering, which McKay retained to represent him The memo Iv es these specifics .Ashland invested S25 million in a Zimbabwe chromium mine after Orin Atkins, then chairman of the board, " advised the board that the purchase of tins property might improve Ashland's prospects for obtaining crude (nill from Oman " The memo explains The principal sellers were a family group, one of whose members is a principal advisor to the Sultan of Oman " A small percentage of the mine was also controlled by Yehia Omar. who was until recenUy Oman's am-bassadot at Target!) Washington Ile was tin- principal Omani office! with whom Ashland conducted the trail sal tions In September 1900, Ashland paid $2 million for a half-interest iii a joint venture to produce reusable Teflon-coated sausage cartridges Owners of Hit* enterprise included Omar's son and Omar’s costs, to (Lite, the proce .sshas failed tests of viability As I reported earlier, Ashland paid ll 15 million to Mont Dor, a liechtenstein corporation designate!! by Mr Omar as Uh* recipient of commissions for his purjiortcd assistance to Ashland iii connection with the purchase of crude oil from Oman " The deal was rescinded after the internal inquiry began “ In February HHH." Uh* memo stated. ‘Chairman Atkins agreed to sell Ashland's Falcon 50 (Un* corporate jet i to Mr Omar for an un-pecifted price described by Mr Atkins tn a memo as approximately S i million below Uh* current market value lTtis agreement lapsed iii the aftermath of Uh* Hoard's inquiry Ashland invested $500,000 in another joint venture. Tradein, a trading company The principal partner, YOM International I Ad , was “owned primarily by Mr Omar s son " The memo added “Even before its formal organization, Tradeco sent a written proposal to McDonnell Douglas offering to serve as its commission agent in the sale of aircraft to the Mid-East    Ashland vouched for the integrity of its part ners." Footnote /Ashland executives did not return calls for comment Atkins, now retired, could not la* real heil But he sent a blistering letter to Uh* board of directors, denying, any wrongdoing Parts to Spare Air Force maintenance depots have been stripping down aircraft engines for spare parts that were already on Uieir shelves or should have been No one know s fur sure. because the entire spare parts inventory was in a state of confusion, according to House investigators The redundant cannibalizing of ( FII transport plane engines was un covered during a routine inspection of the San Antonio Air logistics ( enter Because neither the contractor nor the Air Force kept adequate records of spare parts during the first reclamation project, subsequent contracts were awarded to do Uh-inspection all over again In a random sampling of just four different engine parts. House investigators estimated tfiat more than ll million worth of Uh* part was missing Defense Secretary Caspar Weinberger promised to determine if similar procedural or systemic problems exists'' in other engine reclamation programs Headlines aud Footnotes The final report on Uh* year-long Senate investigation of I at bor Secretary Hay I Hmm an is due out soon The FBI w ill get its knuckles rapped for conducting a sloppy background investigation on Donovan Former FHI offical Bud Mullen, now head of Uh* Drug Enforcement Administration, will Im-singled out for withholding iii formation from Un* Senate In an odd sidelight, White House counsel Fred Fielding was not placed under oath by Uh* Senate investigators, as other witnesses were Insiders say the courtesy was due to White House pressure Just as Congress is considering an extended grant of most-favored nation status to Hungary, word has reached Capitol Hill of the communist regime's crackdown im underground publishing ventures Uiat had been winked at for years Hungarian-born Rep Tom I ant os, IM alif . a member of the Foreign Affairs Committee, wants to limit extensions of the trade status to three years, instead of tin-five year term being considered *7r « 4, i ». T    I    __«—a . V SCT- VCT' AI    t* s ”    ”    J' Ll-iJ ' DHX/ ti James J. Kilpatrick A miserable spring in Virginia as Uh* tradition a column e Ridge At this point in ti Watergate t \u «■*I to decrees ti tat I must pn*i about spring iii th** Mountains >f A ir> him It is a nu e tradition The wrater who has been stint in f<-t iii nth -with F’.l Salvador arid tin I xclusionai y Rule yearns to get outside with Uh* dogwoods and tulips Ile seizes ujKin Uh* chance to wax Urn a1 about blue skies and warm bluebirds and purpl peach blossoms arn tints of spring Aargh* This spr.ng ha*, been a disaster Chis is the L-st that can be said about it ll lias rained, and rained, and rained The winds have blo*, and blown and blown Night after night we ha\* set'll the Un*r-inometer fall below freezing The dogwood buds, tight as clemdied fists, are just beginning to open Blue skies Who can remember blue skies Day after diy our skies have been as gray as old sweat shirts rth trtu th about about lender W arm earth The earth is as cold as a tax colector's eye Yes, the bluebirds are back, but so are the cowbirds We redecorated the martin house with new carpets and chintz curtains, w hereupon the sparrow s moved in I am sore at the dog She is a small blond shelty. name of Happy, with limpid brown eyes and an outgoing personality The otlwr day I drove in from three hard days on the road, and there on the front lawn was Happy having tea with a rabbit They had spread a cloth under the maple I mean, really' The rabbit took off when she saw me coming, and Happy. sulked the rest of Uh* afternoon I don't expec t her to Chase Ult* resident rabbits, and cerci inly not to terminate them with extreme finality, hut these tea parties have to stop The firewood is wet Ordinarily we close the damper in the kitchen fireplace about April 15 and call it quits for the season Not this year Since Uh- first of March we have gone through two cords of firewood well. orw cord, anyhow and all the romance of an open fire has gone up the chimney I dropped a heavy locust log on my right foot That is the foot with the gout Nothing is going on in the garden. I heard that Myrtle Falls, who lives on Ute next farm, managed to get her peas plante-d in between downpours, but almost everyone else lias been out of luck We did get in a dozen rows of lettuce nice, neat. straightaway rows of lettuce but then eight feet of ram fell and Uh* straightaways looked like S-curves It wasn't exactly eight feet It was more like 12 feet In one night A’ou wouldn't believe the wind In one of those fits on enthusiasm Uiat afflict us now and Uw*n. a few years ago I became an amateur vexillogist and erected six flagpoles If you have six flagpoles, you want to run up flags on them Right'’ I have now lost the flags of Florida. Colorado. New Mexico, Portugal and Guam One big gust of wind last week ripped a grommet out of Scotland. I never lost a grommet before So I have suspended the flag-flying business, and I can tell you noUiing looks nakeder than empty flagpoles I mentioned the rabbit that Happy was having tea with This is the same rabbit, I am certain, that has been eating the sorrel in Uh* herb garden My wife puts a small protective silo of rat wire over Uh* remaining roots, and a groundhog, or something, came along    and kicked    over    the silo What's the good news’ It s been too cold for the blacksnakes to emerge That's    something    The delectable mushrooms we now know as merkles have popped out This weekend the swollen streams should make for great    canoeing    Down    in the greenhouse a small forest of seedlings is growing The bass reportedly are biting    down in    Madison    County Before long we will welcome summer, but as for spring of 1983 — it never was Mailbag Open letter to person who abandoned dog To Whom It May Concern I saw your dog today The black one you left on Rebecca Creek Road by the river to survive His tail still wags but he can barely walk His fur is gone; all Uiat remains is mange and disease He can't eat but he was grateful for the water we gave him Tomorrow we'll go back rn a car large enough to take him to the humane shelter He's too sick to be treated but being put to sleep will be a blessing for him If you're ever left to survive on a road I hope it’s easier for you / 1 nil De. if ti n I Your representatives Sen John Tow ar United State* Senate Hoom 142 Runet Bolding th astony ton DC 20*10 Sen Lloyd Benteen United States Senate Room 240 NoeaeM Budding Washington D C 20*10 Gov Math White Governor • Office Hoom 200 State Ca pi tot Aut tm I aiel7S701 Hep Tom Loathe* U S Moues of Representative* 1212 Long worth House Office Bu Od mg Washington O C 20*1* Hep idmund Kuempal Te*ei Moult o! Representatives HO Bos 2910 Austin Te«es 74 74* Sen JohnTreeger Tease Senate Capitol Station AosUn Tease7B711 ;

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