New Braunfels Herald Zeitung, July 26, 1983, Page 5

New Braunfels Herald Zeitung

July 26, 1983

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Issue date: Tuesday, July 26, 1983

Pages available: 26

Previous edition: Sunday, July 24, 1983

Next edition: Wednesday, July 27, 1983 - Used by the World's Finest Libraries and Institutions
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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Pages available: 349,178

Years available: 1952 - 2013

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All text in the New Braunfels Herald Zeitung July 26, 1983, Page 5.

New Braunfels Herald-Zeitung (Newspaper) - July 26, 1983, New Braunfels, Texas Ready for the vote Senate will probably approve MX missile WASHINGTON AP The Senate if poised to give Its approval to the MX a weapon described by opponents as heating up the arms race and by supporters as a bargaining chip needed to force the Soviet Union to reduce its own nuclear After more than two weeks of the Senate was scheduled to vote today on efforts by Gary Hart and other liberal Democrats to cut out funds for production and deployment of the The House voted last week to permit the Reagan administration to go ahead with the which would be deployed deep inside existing underground silos in Nebraska and Assistant Republican leader Ted Stevens of Alaska predicted Monday that between 55 and 60 of the Senates 100 members would support the intercontinental which is far more accurate and powerful than previous Each MX carries 10 warheads compared to three on each Mlnuteman III the mainstay of the current landbased In a previous MX the Senate supported the missile 59 to but at least two known Republican Barry Goldwater of Arizona and Pete Domenici of New were expected to be absent for health One MX Boilings was absent last but was expected to vote the issue before the Senate is whether to authorize billion for research and production of 27 MX missile by On the recommendation of a presidential President Reagan has endorsed the idea of eventually installing 100 MXs while the United States negotiates arms control with the Soviet Union and while a single warhead missile Is In debate on John Tower CR Texas chairman of the Senate Armed Services argued that the MX is needed as a negotiating lever that will give the Soviets pause and could lead to a substantial reduction of older missiles on both Tower said the nave only agreed to real missile reductions when the United States has made it clear it intends to match the Russians weapon by Tower conceded that the MX missile is par tially vulnerable to attack from Russianbased land but I dont think this should fall on one flaw alone We are forced to do what we can given the political environment of the Hart challenged Towers 1 There is yet to be made an argument for putting the MX in vulnerable New Braunfels Herald Zmtung July 1983 3 Grand jury to hear lawyers in Mattox case Power supply default could cost jobs SEATTLE AP The Washington Public Power Supply Systems default on billion in bonds for two abandoned nuclear plants could jeopardize the statee future bond sales and cut jobs out of prime a consultants report The utility consortium announced Monday that it is unable to meet its obligations under the bringing on the biggest bond default in The impact on the state could be John Spellman relying on data from con But Spellman said he would fight to assure that none of these things The by the Chicago consulting firm of KnightBonniwell this concluded that a WPPSS penalty of up to 2 percent could be demanded on future bonds sold by the state and other public agencies in the Pacific It also predicted that up to jobs could be particularly in high energyuse businesses and the paper and transportation Small investors fear they may bear the brunt of the The little people are paying for this some way or said Betty Fullmer of who along with her invested in WPPSS bonds in 1976 to ensure a carefree They may not get back any of the money or any When youre our you cant start over said Her husband is She said insurance companies that own bonds will pass the losses on to customers and rich people will use it for a tax Were Chemical Bank of New trustee for the will soon file suit against the 88 utilities that had contracted with WPPSS for construction of the plants and the governing body of the supply according to William a Chemical vice He said the suit could amount to including the value of bonds and Two WPPSS plants have been and one is scheduled to come on line next Construction was started on plants 4 and but they were aban doned after the construction program ran into huge expenses and questions about the need for the energy they would Most utilities have refused to pay expenses for those plants unless ordered to by the In response to a demand by Chemical WPPSS handed over more than million Monday but admitted it did not have the rest of the million it It was thought WPPSS would nave as long as 90 days to try to make up the missed but Berls said WPPSS written admission of inability to pay constitutes an immediate event of AUSTIN AP Grand jurors looking into Attorney General Jim Mattoxs 1982 election campaign financing reports want to hear from attorneys with a prominent Houston law firm who allege Mattox threatened to put the firm out to of the bond Thomas Wiley Caldwell and Gibson all of and Edward Esquivel of Dallas were supoenaed to appear before the Travis County grand jury All four are with the firm of Fulbnght 4r a Fulbnght 4 Jaworski told reporters Thursday that Mattox threatened to put the firm out of the bond business unless McDade agreed not to question Da 11s attorney Janice the attorney generals Mattox denied making the The attorney general and the Houston law firm are opponents in a billion lawsuit filed by South Texas rancher oilman Clinton Manges against Mobil Oil Corp Manges sueid Mobil over oil and gas taken from his Mattox intervened on Manges behalf because the state owns some of the mineral rights to the McDade said he wanted to question Mattox about her loan from a Seattle bank and any financial ties with McDade Mattox held up a million bond issue by the Lower Colorado River which also is represented by Fulbrightand JIM MATTOX LCRA Finance Director Jesse Logan said he was told by Robert chief of the attorney generals local the bond issue approval wuld be held up because of differences between Mattox and Fulbnght and Jaworski The attorney generals office later notified the ICRA that the problem had been McDade said Mattox agreed to let the deal go through after McDade volunteered to withdraw Ms Mattox subpoena and not question Mutiny battles continue in Mideast By THE ASSOCIATED PRESS Syrianbacked PLO mutineers battled loyalists in east Lebanon today with in tense artillery barrages and tried to en circle and isolate Beirut radio stations The attack by renegade Saed Mousas rebels touched off housetohouse fighting in the Bekaa Valley town of 19 miles east of Beirut just north of the International the radios It was the fourth straight day of fighting between rival factions in the Palestine Liberation in the Israelioccupied West Bank city of four masked gunmen drove up to the Arab University and raked the building with gunfire Israel radio reported two people killed and 10 The Tel Aviv military command said four men wearing masks attacked the but that it had no firm casualty Hebron has been torn by tension since a Jewish seminary student was stabbed to death by Arab assailants three weeks Jewish settlers who live in Hebron have threatened The fighting in Jdeita continued after seven and reporters said PLO chief Yasser Arafats fighters were holding their They said ambulances brought out four wounded combatants from the but the ambulances could not get back in because of the intense If Jdeita falls to the Arafats forces near the highway would be en circled and their supply routes from the Baalbek area 19 miles north state and private radios The led by Abu Ahmed vowed a fight unto death in a Be Sure to read Fridays Classifieds for more real estate and realtors listings OFFICE CARPETS need our cleaning Well clean mem expertlyonce or regularly to pratec your business investment We clean rjraoenes and toe i Call Tefy Streue tor tree estimate 6291322 630 HWV 8t West Reagan to focus on activities in Central America WASHINGTON AP As President Reagan moves warships into position off both coasts of Central administration officials are planning steppedup ground exercises in the volatile In a nationally televised news con ference tonight at Reagan is expected to focus on the military activity that presidential com munications director David Gergen says has been treated with an awful lot of The session with reporters will give the president an op portunity to put things in said The latest military maneuvers in the region include sending the battleship New Jersey to join the growing fleet off a decision Pentagon sources revealed The ship movements are tied to the ad ministrations op position to Nicaraguas Sandinista government and its support for the Salvadoran government under attack by leftist Taylor Communications USPS 377880 If you have not received your paper by Tuesday through Friday or by call 6259144 or 658 1900 by 7 and 11 Published Sunday morning and Thursday and Friday afternoon by New Braunfels Herald Publishing 186 Castell New Second class postage paid at New Braunfels Herald Publishing 186 Castell New TX78130 Dave Kramer Claude Scruggs Elnora Kraft Robert Johnson Pete Lewis Cheryl McCampbell Don Avery Carol Avery Gus Roland Wanda Lasatei Kari Patricia Yznaga King General Manager Manager Editor Retail Advertising Manager Classified Manager Circulation Manager Photocomp Foreman Press Foreman Print Shop Foreman Kaleidoscope Editor Sports Editor Editor Subscription Rates In Blanco and Kendall Counties 3 6 one In Texas 6 one Out of state 6 one Senior Citizens Discount In Blanco and Kendall Counties 6 one Postmaster Send address changes to Drawer 361 New TX 78130 I BANKING ON TEXAS By Pat and Jack Maguire A financial panic helped make Fort In lack of money forced the Texas Pacific Railway to stop building its westward line at Eagle For three that town was the cattle shipping point in Population When the money panic ended in the on to Fort Worth and Eagle Ford became only a flag In it gave up its identity altogether and now is a part of Texas may be one of the few areas of the nation where peo ple have been paid to collect The boll that pest of the cotton was the Farmers tried everything to stop the insect that was ravaging their In eight years after the critters had migrated from Mexico and began eating Texas farmers decided to hire crews to pick the weevils off the They offered to pay tor all weevils delivered in a fruit For a couple of hundreds of Texans went Their hard work didnt stop the and the practice was Money Makers In the early change was so scarce in Texas that residents cut large coins into eight or Hence two bits became a quarter of a four bits a and so TO MOPE OFEM TO Tevans saved Saatiiel Colt front The inventor of the famous revolver discovered that nobody wanted The Ar my said it was too Others rejected it because il had to be dismantled for Because il shot five Texans loved They bought it in such quantity that the Colt Company was GUARANTY STATE BANK On the Square and on the Member MILL NEW MOTOR BANK AT 153 LAND Member ot Mercantile Texas Corporation and A GARAGE SALE FAMOUS FOR THE FABULOUS VALUES All Departments Of Densons Plus The Collection Ladies Apparel And Samis Fine Jewelry Combined Sale Of Sales SAVE AS MUCH AS 50 TO 75 OFF STARTS July 9 in the rear of the courtyard and parking lot under the trees at 173 Segum Landmark Square Tht Gift Store for Braunfelb by EnHrprUM right 173 Seguin 6253325 ;