New Braunfels Herald Zeitung, March 28, 1985, Page 9

Publication: New Braunfels Herald Zeitung March 28, 1985

New Braunfels Herald Zeitung (Newspaper) - March 28, 1985, New Braunfels, Texas New Braunfels Hera\d-Zeitung Thursday, March 28,1985 9A Reagan: Budget approval would spur bullish market NEW YORK (AP) — President Reagan, appealing for support for his embattled budget plan, told Wall Street leaders today that congressional approval of his economic program would “turn the bull loose,” unleashing the full power of the economy. Reagan, the first sitting president ever to visit the 193-year-old New York Stock Exchange, rang the bell opening the day’s trading precisely on time at 3 seconds before 9 a.m. The packed trading floor burst into shouts of “Ronnie, Ronnie, Ronnie” as the president appeared at a marble rostrum above and, later, when he rang the bell. Reagan noted the thunderous ovations and told his audience as he ended his brief speech: "What you’ve done for me is better than a hot tip.” In his address to some 1,700 members of the exchange on the floor beforehand, Reagan put in a plug for his budget and spending cuts while lauding the U.S. economic boom that has marked his term in office. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said. “That’s our economic program for the next four years — we’re going to turn the bull loose.” In Wall Street jargon, a “bull” market is upbeat, while a “bear” market is in decline. The president noted that Senate Republicans are trying to put together a package of spending reductions “and they are going to need all or our support and encouragement in the coming weeks.” Reagan did not mention, however, that the Republican-led Senate Budget Committee recently rejected his budget plan. The budget panel has suggested cutting Reagan’s defsnese spending request while freezing Social Security’s cost-of-living clause and granting only some of the domestic spending cuts the administration has requested. Last week, Reagan and senior Republicans agreed to appoint representatives to try to agree on a single plan for presentation to the full Senate. Reagan, in a throwback to his campaign speeches, said, “In the last five years, we’ve moved from malaise to hope, confidence and opportunity.” Heart patient gets tracheotomy LOUISVILLE, Ky. (AP) -Doctors performed a tracheotomy on artificial heart patient Murray Haydon today to transfer a respirator tube from his throat to his windpipe, a spokesman for Humana Hospital Audubon said. Haydon, a 58-year-old Louisville man, has been hooked to the device since March 18, after developing breathing difficulties. Bob Irvine, Humana Inc.’s director of public relations, said the minor surgery was performed because Haydon still was unable to breathe on his own. The operation, by implant surgeon William C. DeVries, took about 30 minutes. It will allow Haydon to eat and drink liquids and get out of bed while still attached to the respirator, Irvine said. “The procedure, which is fairly standard for patients who are still requiring a respirator for breathing assistance after seven to IO days, will enable him to be more comfortable while his pulmonary function continues to improve,” Irvine said. Haydon, who received a Jarvik-7 heart Feb. 17, will remain attached to the respirator for another week, he said. DeVries began to wean Haydon from the device on Sunday. No pass, no play issue up for vote on Monday AUSTIN (AP) — A crucial vote on the controversial no pass, no play eligibility rule for high school athletes and others has been scheduled for Monday morning. The Senate Education Committee, which is trying to "fine tune” last summer’s school reform bill, argued over the rule Wednesday but no decision was reached. Sen. Carl Parker, D-Port Arthur, committee chairman, said the Monday date would allow time for preparation of amendments that several members said they would present. "That's appropriate for this. April Fool’s Day.” Parker remarked. Parker also warned that "if this bill gets loaded down with a retreat from excellence rn education, it is not going to pass.” The argument began when the committee was offered a subcommittee report recommending a bill by Sen. Bill Sarpalius, D-Canyon, to revise the no pass, no play eligibility rule approved by the State Board of Education. Currently a student is disqualified from playing or practicing athletics or other extracurricular activities for at least six weeks if he fails to make a grade of at least 70 rn any course. Sarpalius’ bill, approved by the subcommittee Tuesday, would require students only to maintain passing grades in the 21 courses required for graduation, not electives. The required courses include English, mathematics, science, social studies and history. “We say as long as you pass required courses you are eligible to take part in extracurricular activities,” Sarpalius sai{l. “If you fail one you can’t play again until you make up the grade. It may take one week, or three or even six weeks.” “Actually what you are doing is saying a student taking three required courses and three electives, can fail three of his courses,” responded Sen. Kent Caperton, D-College Station. Parker said he, joined by Caperton, would offer amendments Monday for the three-week period, plus other changes that would recognize efforts of students who take advanced courses where it is harder to make top grades. State panel OKs budget for prisons AUSTIN (AP) — The House Appropriations Committee has recommended an 1842 million, two-year state prison budget that would end free groceries for Texas Department of Corrections inmates. Overall, the budget is the “bottom line'' for meeting standards set by a federal judge. "There is no other approach that will meet federal court orders." House l.aw Enforcement Committee Chairman Ray Keller, R-Duncanvtlle, told the panel Wednesday. A rider on the bill gives prison workers a 3.4 percent pay hike instead of the free grocery program. The so-called "emolument” program has been cntized as out of control. Keller has said thousands of dollars worth of food has disappeared. The House panel approved its version of the budget a day after the Senate Finance Committee hammered out a $937 2 million appropriation The House version has an almost identical bottom line because it allow s TDC to sell about HOO million worth of land and use it to build a maximum security prison. legislators and state officials are trying to work out a spending plan that would end the 12-year-old prison reform lawsuit. James Lynaugh, TDC deputy director for finance, said the two budgets are very similar, and a House-Senate conference committee should not have much trouble working out the differences. The House bill also appropriates $20 million for improvements to "ancillary services," such as bathroom and recreation facilities. A recent study showed Texas' prisons are sorely lacking in such facilities. "The courts have said it's not just beds,” Keller said. "You can have IOO beds, but if you only have two shower heads, you're overcrowded." The Senate version allots $20 million to start construction of a new prison. Mother finds son after 11 years SAN ANTONIO (AP) — A Colorado woman reunited with her son for the first time after an 11-year separation could have easily located the child and her ex-husband, an attorney representing the father says. Terri Curry Peace said Wednesday her client Michael Hicks never attempted to hide while he had custody of his 12-year-old son Adam. The boy’s mother Marta Jo Smith of Denver located her son through the Missing Children’s Network. She was reunited with him Tuesday and won custody of him in district court Wednesday. Hicks. 36, of Houston, said he kept his son after they were divorced in 1974 because he did not think his ex-wife was stable enough to care for a child. The woman originally had been awarded custody of the child. Hicks said he wanted to make sure the boy’s "formative years were good ones." Ms. Peace said Mrs. Smith could have found the child but she did not look for hun until recently. "She knew where Michael’s family lived, he was very visible, stayed in the phone book and kept the same name,” she said. "She just never looked until now. She could have easily found him without all this drama. " Hicks said if Mrs. Smith had called and asked to see Adam, "I would have said it's about time.' ” Mrs. Smith, 34, said she first contacted the Missing Children’s Network in January. She said she gave investigators a photograph of her son taken when he was about 17 months old, the last time she saw him. She said the network determined the youngster was in San Antonio, so she flew to the city and began legal proceedings. The youngster was located after a San Antonio citizen saw the photo on a missing children’s broadcast on a local television station and called in. Mrs. Smith said her attorney and a counselor from the school Adam was attending visited him during classes and asked him if he wanted to meet his mother. The youngster said he did and flew back to San Antonio for Wednesday’s court date. <X/ou cz/fxe Unpited (DCd ^UaiSiioned Town Hall Meeting eft weft informed fxofxuCacs is tfU coxne.xi.iom.of a democracy. ......jBtrt    ^xanHCin Meet All Cendldetee For City Council 7:30 p.m. Mon. April I, 1985 Senior Citizens Center-142 S. Comal Avo. BRUNER'S NotA Fund Raiser Sponsored by River it Lakes Action Council ;

Share Page

Publication: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Issue Date: March 28, 1985

RealCheck