New Braunfels Herald Zeitung, March 27, 1987

New Braunfels Herald Zeitung

March 27, 1987

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Issue date: Friday, March 27, 1987

Pages available: 66

Previous edition: Thursday, March 26, 1987

Next edition: Sunday, March 29, 1987

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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

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New Braunfels Herald Zeitung (Newspaper) - March 27, 1987, New Braunfels, Texas 410 MO53    10/22/99 empire microfilm co PO BOX S I 6423 DALLAS, TX SBIBaker back in 'God's Country'for honorBy DANA OVERSTREET Staff Writer Texan of the Year James Baker III returned to God s Country Thursday and was welcomed. Texas style, at a reception in his honor Baker s award kicked off the 21st annual Texas legislative Conference co-sponsored by the Texas Chamber of Commerce and the Greater New Braunfels Chamber of Commerce Former Congressman Tom Coef tier (“Tommy'’ to Baken presented his friend “Jimmy” with the Texan of the Year honor, which has gone to others such as I^eon Jaworski. Lady Bird Johnson. l)oiph Briscoe. John Connally, George Bush. John Tower and John Traeger He introduced Baker, who is Secretary’ of the Treasury as The best turkey hunter in the state of Texas “ Baker accepted the award saying. “It s a pleasure to be back in God s country I. unfortunately, have found that the hunting for turkeys has been better where I have t>een living for the past lo years than it is here Baker a Houston native began practicing law in loiT after serving two years in the United States Marine Corps. He was a lawyer in Houston until 1975. In August of that year. President Ford appointed Baker to be the Under Secretary of Commerce. He joined Ford’s presidential campaign in May 1976 as deputy chairman for delegate operations and. in August, became national chairman of the President Ford Committee Baker was the Republican Party nominee for State Attorney General in 1978 and from 1979 until May 1980, he was chairman of Vice Chairman George Bush’s campaign for the 1980 Republican Presidential nomination. In 1980. he served as senior advisor to the Reagan Bush general election campaign From 1981 through January 1985. Baker served as Chief of Staff to the president While at the White House. he was a member of the National Security Council and remains a member as Secretary of the Treasury He is also chairman of the president s economic policy council Baker is the 67th secretary of the treasury for this country Vowing to keep it light Thursday evening and save the heavy stuff for today s session. Baker spoke to the crowd of his admiration of Democrat Sam Rayburn, whom he said was “truly a Texan of the Year ” “Speaker Sam brought a great honor to this state and he did it by working hard. Baker said. “He was a man of principle and could be single minded in pursuing his goals He cilso practiced a kind of leadership that represented a spirit of compromise between the executive branch the president and the legislative branch the congress of the United States “We could stand a little bit more of that in Washington these days.” Baker said Before leaving Thursday night. Baker milled among the crowd of Chamber of Commerce Blue Coats and others enjoying the catered hors d oeuvres Of the IranContra scandal Baker said, My reaction to that is that the president, earl) on called for everything to be laid out in the public-record and that has been done He has gone before the public and the press and now it s time to move on to other things,” Baker said “We’ve got some very pressing problems in this country. ’ ’ Baker said he hopes the scandal won t have lasting effects on the country “I would hope that once everything is laid out. once the in vestigations have run their course, it would have a minimal if any adverse impact." he said Baker said the 1986 Tax Reform Act "will be very significant in terms of giving us a much more efficient economy and giving Americans and the people a much deserved reduction in their top marginal ‘tax rates.” he said “When Reagan came the top statutory marginal tax rate was 70 percent when he leaves office it will be 28 percent." Baker said “That is a significant achievement that will benefit all Americans ’’ Baker thanked the crowd for his award Thank you for this honor and let me thank you for this hospitality he said “It really is good lo be back home w ith with you “Thank you and God bless vou Secretary of Treasury James Baker III accepts his Texan of the Year award Thursday night. (Photo by Frances Bndqesi New Braunfels LUU New Braunfels, Texas Vol. 134, No. 60 "I * JL antling Friday March 27,1987 25 Cents Two Sections, 20 PagesBaker calls for change for competitive market B * JIM WE BME Staff Wr it*** Secretary of the Treasury James Baker Friday told tho Texas legislative Uonference fume that cultural and mk la* * hang*- will lane* v'surv to restore competitiveness to the Ament an es «>n*>mK market VS hat t**gan with the Reagan Revolution in 1*8! ha-* now brought .ifiou! unpre* edenled t,*\ reform arni a rvew tiegmmng that will create a new cooperation l**lw«*er Vmeru an corporate entitles and the labor force Baker 'aul Several bundled puip.r altenoeu Baker s addr«*s> which opened the substantive portion of the 21st Texas Legislative Conferem e at New Braunfels civic Center com pet niceness a bur/ word in Vmeru a today tan t>eeome a disguise for policies that would not tie at all popular it held up to Bu* 'unlight Baker told the crowd The challenge is to tie more com petltive without giving up our stun •lard of bv mg he said adding America is maintaining its status as the nation s foremost industrial and ono rn ic country and he pointed at a current national unemployment rate of approximately »< , percent He said Reagan tis* a1 policies have meant America bas new jobs nut America s new jobs have also been good jot is He cited finance coin pulers and bio its bryologies u> in dil atorsut this He pointed also to the sp* k market > rise from a level of lelow HCM) points in I* I to greater than 2 points today "Tax reform was absolutely necessary for an efficient economy.' He said corporate assets have in* t reused bv SI > trillion over the last four years Some people may think that shad I don t think so fves^id lax reform was absolutely necessary fin an efficient economy Baker said and will produce tienefits in th*- medium and long term lf >«»u had bet bai k on Jan 20 ism I that we would have lowered the top lax rate from 7o percent to 28 percent nobody would have t**en willing to pu k up your t**i He said Amenia s corporate ami personal tax rates remain some of the low est in the industrialized world Baker challenged any criticism that the nation s economy is stagnant and said that America is more pro duct ive tto w than a decade ago We i an I be complacent t>ut we also should not t«e forlorn he said Baker said the country has undergone painful restructuring in the areas of oil arni gas production agriculture and trade balance C ompetitiveness will tai kl*' tries** problems ( real ing a com pet inverness means much more than creating a trade surplus he said Baker said cultural or social changes must in« ur within the country as a whole aiul Bud these changes need to involve a rethinking of how we educate people in this country a delineation of the corporate privilege abd a greater attitude of - mend and former cong James Baker at the 2' st cooperation government I am not to add!ess v between business I Hit ressman Ton Leerier ngh* introduces Secretary o* Treasury Texas Legislative Conference and said Baker cited loyalty integrity respect for authority and devotion ( we ♦‘Iv need duty as the and a wav core ut good citizenship to challenge count ne 'ai Ii as * pan whose soiieties are strui tun ! than in the United states I he quality id education is a "We need to address values in our society...Our efforts (at economic efficiency) will eventually fall short without an emphasis on values and citizenship." front burner issue in this country “ Baker said American students at tend school inn days a year while those in Japan attend 240 days ** Baker said that while there was an increase in money spent for educa Hon in the 60s and 70s student per formance actually fell our efforts will ultimately fall short without an emphasis on values and citizenship he said American corporations Baker said should answer the fair ques tion Have they done all they can’” He quoted leva- industrialist Ross Perot as saying that manufacturing automation can be a narcotic that blinds Baker said a Genera! Moters Toyota cooperative plant effort Free mont Calif as an example of management labor cooperation of which the nation need** more Regarding the Reagar administration s recent *o plus point proposals for trade reform Baker 'aid the vast majority of the administration s pro posals • are intended to remove bar Tiers Reagan wants a fair plaving field We want a trade bill that will See BAKE R Page 3ALeaders say Texas'economic development positive All quakers on the subject of econo rn ii development sn texas ex pressed posit!*.« oUtltMiks about diversification and the lame star state s ability lo mover from a bust in the oil and gas industry Speakers at the 21st texas legislative Uonference this morning nu* I Urie s James It Adams president ut the I ex as div ision ut Southwester ii Bell telephone Company State Rep Stan schluetei chairman of the the clouds must know the weekend is ahead free a u si* they are supposed to go away this afternoon to make way for wanner temperatures «*\ pelted to read) the low Tun Winds will tk* from the south at aland lo mph I onight s low will drop to the >os with a light south wind Partly cloudy skies are ahead Satur day with a high iii the mid ?<*s and winds shifting to the nor thwest at about la mph The Menu CLASSIFIED 2 9B COMICS............JOB CROSSWORD.......IB DEAR ABBY........IB ENTERTAINMENT.7A INSIGHT............SA OPINIONS..........4A RELIGIOUS FOCUS.6A SPORTS...........MA House W.ivs .,rul Means Committer and Ray Perryman economic analyst arui director of the Center for Advancement of Kconomii Analysis at Bay lur I Diversity Schluelei stressed that oil and gas cannot Ik* depend**! on for future economic Ileal th and growth in the state i»f Texas Not that is ha' '«*rn it' days but that it cannot Ire depended on A homeport at the coast a supercollider in West Texas VS ax abactor or College Station tiles** would Im* great they would create thousands of jobs hut they are nut enough Perry man soul They are not going to In* enough to replace oil and gas Perryman cited a hotel and office complex complex in McAllen that ap parently is succeeding against all (Mids bv attracting wealthy Mexican Nationals into that city for their medical care He cited clay in Umgvtew os tieing the opportunity material for new high tech ceramics another alternative in economic diversity He said much of the machinery and the infrastmetre of the oil and gas in dust i v can tie used for that industry os well os fur the lighter weight high tech metal construction, which he termed a growth industry in the state “(Economic development has to tx* extremely broad based It takes every community, this is an emir mous state ” Perryman said State Sen Ike Harris said the state V v ;-:.7 B I I HIH WM unum Ray Perryman Stan Schlueter is indeed actively working for economic diversification and that in terstate banking legislation passed lost year was a big thing Harris is chairman ol the Senate Economic iVvelopment Uommitte* Harris said pan mutuel wagering has been passed and will U* on the ballot I want to encourage you to vote for it he said Pan mutuel Im*! ting Harris said is a diversification of industry and it s also fun to go out and w atch em run In* conference continues this afteriHHin on the subject of tort reform Speakers include Sen Lloyd Bensten State Sen Kent Caperton, State Rep Mike Tourney arid Max Sherman. Dean of the LBJ School of Public Affairs ;

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