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New Braunfels Herald Zeitung Newspaper Archive: May 18, 1983 - Page 4

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Publication: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

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   New Braunfels Herald-Zeitung (Newspaper) - May 18, 1983, New Braunfels, Texas                                4A New Braunfels May Opinions Dave General Manager Robert Editor Guest viewpoint Panel will examine problems caused by peso woes ByTOMLOEFFLER 21 IxTst Tcxans at home and in our nations capltol watched with concern the events signaling that our neighbor to the south was confronted with even deeper and more critical economic problems than had previously been As a result there were not one but two devaluations of the with the second devaluation necessitating an immediate trip to Washington by Mexicos foreign minister to report that his country did not have enough foreign currency to pay for a months The ramifications of the Mexican report were abundantly The worlds thirteenth largest economy was in and immediate action would be necessary to address its economic In our Department of Energy and Agriculture joined together to help avert economic catastrophe for Within the wheels were set in The peso was successfully defended and Mexico given time to work out her own solutions both in ternally and with regard to her foreign President Reagan has now called for an equally dramatic response to the problems the peso devaluations caused on our of the In my the economic crisis confronting our border states in cluding Texas calls for the same coordinated it gave me great satisfaction to prior to his trip to Texas for the Cinco de Mayo that the President would be announcing the establishment of the Working Group on Southwestern Border To be chaired by Robert Under for Economic Af fairs in the Department of this border task force will be com posed of representatives of the Departments of Health and Human Housing and Urban the Office of Management and and the Small Business as well as the White Within 45 days the border task force is to report to the President con cerning the magnitude of the problems which exist in the border what state and local govern ments can do at the present and what action the Federal Government should The choice of San Antonio for this important announcement was highly while the impact of the peso 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 These sharp Increases in unem coupled with falling business are causing local tax bases to erode rapidly at the same time that local government entities are being required to shoulder the additional burden of educating alien children in Texas public Illegal as we all is up 50 percent over last year and some are estimating that fully onethird or more of the 2 million illegal entrants will become permanent Many are expected to find their way to which will exacerbate state and local While we all share in the hope that the Mexican economy fully there is no question that the recovery will be a long and extended those areas within the United States along the border simply can wait no We must turn with the same commitment and coordination to help those in our own country through no fault of their have been suf fering due to the devaluation of the The Presidents border task force is an important first step a step which must be followed by prompt Jack Anderson Oil company faces charge of bribery Ashland Oil one of the biggest independents in the has been accused by one of its own senior executives of having made possibly illegal payments to officials close to the Sultan of The accusations were made by Ashland executive Bill McKay in secret communications with several members of the companys board of McKay took part in several of the dubious transactions Fearing that he and other Ashland executives could be liable to crimainal prosectiori for violating the Foreign Corrupt Practices McKay prevailed on the board to launch an internal The law forbids bribes to foreign officials to gain advantage over My associate Indy Badhwar has obtained internal company documents that detail some of the questionable One is a memo to the board of directors from the Washington law firm of Cutler and which McKay retained to represent The memo gives these specifics Ashland invested million in a Zimbabwe chromium mine after Orin then chairman of the advised the board that the purchase of this property might improve Ashlands prospects for obtaining crude oil from The memo explains The principal sellers were a family one of whose mem bers is a principal advisor to the Sultan of A small percentage of the mine was also controlled by Ychia who was until recently Omans am He was the principal Omani offical with whom Ashland conducted the tran In September Ashland paid million for a halfinterest in a Joint venture to produce reusable Teflon cuated sausage Owners of the enterprise included Omars son and Omars to the processs has failed tests of I reported Ashland paid million to Mont a Liechtenstein corporation designated by Omar as the recipient of commissions for his purported assistance to Ashland in connection with the purchase of crude oil from The deal was rescinded after the internal inquiry In February the memo Chairman Atkins agreed to sell Falcon 50 the cor porate jet to Omiir for an un specified price described by Atkins in a memo as approximately million below the current market value This agreement lapsed in the iiftermuthof the Hoards invested in another joint a trading The principal YOM International was owned primarily by Omars memo added Even before its formal Tradeco sent a written proposal to McDonnell Douglas offering to serve as its commission agent in the sale of air craft to the MidEast Ashland vouched for the integrity of its part Footnote Ashland executives did not return calls for now could not be But he sent a blistering letter to the board of any wrongdoing Pnrts to Spare Air Force main tenance depots have been stripping down aircraft engines for spare parts that were already on their shelves or should have No one knows for because the entire spare inventory was in a state of according to House The redundant cannibalizing of C 131 transport plane engines was un covered during a routine inspection of the San Antonio Air Logistics Because neither the contractor nor the Air Force kept adequate records of spare parts during the first reclamation subsequent contracts were awarded to do the inspection all over In a random sampling of just four different engine House in vestigators estimated that more than million worth of the part was Defense Secretary Caspar Weinberger promised to determine if similar procedural or systemic problems exists in other engine reclamation Headlines mid Footnotes The final report on the yearlong Senate in vestigation of Uibor Secretary Ray Donovan is clue out The FBI will get its knuckles rapped for conducting a sloppy background investigation on Former FBI offical Bud now head of the Drug En forcement will be singled out for withholding in formation from the In an odd White House counsel Fred Fielding was not placed under oath by the Senate as other witnesses Insiders say the courtesy was clue to White House Just as Congress is considering an extended grant of mostfavored nation sUitus to word has reached Capitol Hill of the communist regimes crackdown on underground publishing ventures that had been winked at for Hungarianborn Tom a member of the Foreign Affairs wants to limit extensions of the trade status to three instead of the fiveyear term being AN THAT AINT WHEN OJ HEAR CHEAP Nt GOT YOULL JUST BE James Kilpatrick A miserable spring in Virginia At this point in as the Watergate boys used to tradition decrees that I must produce i column about spring in tinHim Ridge Mountains of It is a nice The writer who has been shut in for monlhswith El Salvador and the Exclusionary Rule yearns to get outside with the dogwoods and He upon the chance to wax lyrical about blue skies and warm about bluebirds and purple about peach blossoms and all the tender tints of Aargh This spring has been a This is the best that can be said about It has and and The winds have and and Night after night we have seen the ther mometer fall below The dogwood light as clenched are just beginning to Blue Who can remember blue skies0 Day after day our skies have been as gray as old Warm earth The earth is as cold as a lax colectors the bluebirds are but so are the We redecorated the martin house with new carpets and chintz whereupon the sparrows moved I am sore at the She is a small blond name of with limpid brown eyes and an outgoing The other day I drove in from three hard days on the and there on the front lawn was Happy having tea with a They had spread a cloth under the I really The rabbit took off when she saw me and sulked the rest of the I dont expect her to chase the resident and cer tainly nol to terminate them with extreme but these tea parties have to The firewood is Ordinarily we close the damper in the kitchen fireplace about April 15 and call it quits for the Not this Since the first of March we have gone through two cords of firewood one anyhow and all the romance of an open fire has gone up the I dropped a heavy locust log on my right That is the foot with the Nothing is going on in the I heard that Myrtle who lives on the next managed to get her pens planted in between but almost everyone else has been out of We did get in a dozen rows of lettuce straightaway rows of lettuce but then eight feet of rain fell and the straightaways looked like It wasnt exactly eight It was more like 12 In one You wouldnt believe the In one of those fits on enthusiasm that afflict us now and a few years ago I became an amateur vexillogist and erected six If you have six you want to run up flags on Right 1 have now lost the flags of New Portugal and One big gust of wind last week ripped a grommet out of I never lost a grommet So I have suspended the flagflying and I can tell you nothing looks nakeder than empty I mentioned the rabbit that Happy was having tea This is the same I am that has been eating the sorrel in the herb My wife puts a small protective silo of rat wire over the remaining and a or came along and kicked over the Whats the good news Its been too cold for the blacksnakes to Thats The delectable mushrooms we now know as merkles have popped This weekend the swollen streams should make for great Down in the greenhouse a small forest of seedlings is The bass reportedly are biting down in Madison Before long we will welcome but as for spring of 1983 it never Mailbag Open letter to person who abandoned dog To Whom It May Concern I saw your dog The black one you left on Rebecca Creek Road by the river to His tail still wags but he can barely His fur is gone all that remains is mange and He cant eat but he was grateful for the water we gave Tomorrow well go back in a car large enough to take him to the humane Hes too sick to be treated but being put to sleep will be a blessing for If youre ever left to survive on a road I hope its easier for Gail Profant Your representatives John United Senile Room 142 Ruuell Building 20610 Meik White Qovtrnori OHIce Room 200 Slate Cepltol Texei 78701 Edmund Kuempel Texei of Hopieienutlvei Lloyd United Sutei Sentte Room 240 Runetl Building DC 20610 Tom loetfler Hotite ol Repreienutlvei 1212 lonflwonh Building 20616 John Treeger Cepltol Station   

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