Waterloo Courier (Newspaper) - September 25, 1995, Waterloo, Iowa I p i t ED ENGSTROM PUTS OWN SPIN ON JUNIOR ART GALLERY TOURS GRAND TOUR OF DOWNTOWN MONDAY SEPTEMBER WATERLOO FALLS 50 cents 24 pages 4 sections Waterloo Cedar Falls Iowa PHILIP WALTON LEADS EUROPEAN TEAM TO VICTORY IN RYDER CUP Paged First Column Counterfeiters gain ground with advanced Government designs new currency that will be tougher to copy By RALPH Los Angeles Times WASHINGTON Giori Eshkol was a struggling artist in Los Angeles unable to attract a big following among the city's haute art galleries when he struck on an alternative use for his counterfeiting bills Eshkol used a flatbed color scanner and an IBM personal computer to create an electronic image of a which he touched up with a light pen Secret Service agents foiled his scheme and he was later convicted of counterfeiting The techniques used by Eshkol are on the leading edge of a trend that has Treasury Department officials deeply advanced technology is enabling every dis- honest computer nerd to open a ing shop in the basement They are called casual people who would use scanners personal computers and color printers to ricate a little spare cash With 5 million col- or printers operating HI the United States the rare crime of printing fake money is threatening to become more like shoplifting or software pirating There is a rising threat as a result of new Treasury Secretary Robert E Rubin said The ability of our currency to remain is very important New safeguards A recent National Research Council report estimated the volume of counterfeit bills produced with advanced technology has doubled every year since 1989 and at the current growth rate will hit billion by the year 2000 a tenfold increase from total current counterfeit production Although the greenback dominates world markets indeed an estimated 66 percent of the billion of U.S currency is held overseas it is among the least sophisticated currencies in terms of anti- counterfeiting technology But not for much longer The Treasury Department is scheduled to unveil on Wednesday a newly designed note containing up to 14 new features that copiers or color printers cannot easily replicate The new will include a mark in the paper ink that will change col- or depending on the angle of reflected light and a larger picture of Benjamin Franklin that will be moved off center federal say The watermark a design embedded into the fabric of the paper would be visible only when held up to light and cannot be printed onto a fake with a computer printer or any traditional process Similarly new color changing inks don't work in computer printers The larger ture of Franklin will allow engravers to ate more detail a feature tough for counter- feiters to match And moving the picture off center will allow space for the watermark and a new enhanced security thread embedded into the paper The Treasury Department also has plans for two high-tech features held as national security secrets known only to key federal officials said Thomas Ferguson the research chief at the Bureau of Engraving and Printing The secret features would enable high speed machines used by the Federal Reserve for routine cash handling to more effectively ferret out the best of fake bills The enhancements to the greenback won't come cheap All U.S bills will be See MONEY page A3 Israel agrees to end occupation of West Bank Thursday Israel will t Knight-Ridder Newspapers JERUSALEM After seven days and seven nights of tions Israeli and Palestinian leaders agreed Sunday to extend Palestinian autonomy to the West Bank ending 28 years of Israeli occupation The two sides initialed the historic deal at the Egyptian resort town of Taba and its leaders will sign the document complete with six annexes and bulging with maps at the White House on Thursday The deal then begins immediately an only place in the West Ten a city days later the first Israeli troops will And six months into the deal the leaving six Arab cities in the troops will be completely gone from rf hICh JS Six and more than 400 Delaware and home to 1 million Palestinians and Jewish Troops also will pull out of the disputed holy city of Hebron except around Jewish settlements Hebron remains the flash point of conflict in this second stage of the 1993 Oslo lages Then another first Palestinian elections At Sunday's ceremony were PLO leader Yasser Arafat and Israeli For- eign Minister Shimon Peres both buoyant and both mindful of ing out to each other's peoples Said It is history in the real meaning of the word It is a dous attempt to bring people that were born in the same cradle who were fighting on the same fronts to agree on a new future Arafat wished the Israeli people a good New Year in Hebrew Shana he said on the eve of the two-day Rosh We hope this will be a year of true peace for all the peoples of the area for the future of our children and theirs At Andrews Air Force Base Md President Clinton cautiously called the agreement a good and a big step on the road to a just and lasting peace in the Middle East But as the world knows only too well peace ments don't always bring peace In the hours before Sunday's ment Israeli police closed off the Gaza Strip and the West Bank for the entire Rosh holiday fearing terror attacks See ISRAEL page A3 NCC officials pleased with shortened attendance By SLAKEY Courier Staff Writer National Cattle Congress officials are ating and assessing results after this year's shortened fair but one thing is certain They absolutely want to do it again There's no doubt that we'll have a fair said NCC board president Mike Christiason After a year's hiatus due to financial ties the NCC returned this weekend in a ened four-day version Cold wet weather may have hampered attendance on two of the days but overall the fair was a success board bers said We had two days of just great attendance but Sunday it was down a said NCC board member Russ Lowe I Reviews of Doug Collin Raye Petra concerts page B4 Attendance figures from the fair were not available Monday morning Due to cy proceedings at the Waterloo Greyhound Park and the NCC the fair was shortened to four days this year Board members will meet tonight to discuss the fair evaluate the lessons from this year's shortened schedule and plan for next year Overall the fair was a success with the ple who did attend Christiason said I was really pleased with the crowds we saw Everybody was really happy to have it he said Christiason said some vendors and exhibitors liked the four-day format because it concentrated the crowds making exhibiting time more effective I expect we'll be canvassing some of the exhibitors to see what they he said However Lowe noted that a shortened fair leaves only one and weekends are traditionally the strongest days for the Expo If you want to make it a profitable kind of thing whether you like it or not you seem to need two Lowe said A common complaint among fairgoers was the lack of full-scale livestock events said board member Ron Pullin They were very understanding but they said you've got to get it Pullin said Tourists min ROMULUS AP A sow is stretched out in utter repose one bleary eyed piglet pulling at a teat the other 10 ing in the hay They're just 4 days old She gave birth in front of 50 to 60 hog farmer Fred Sepe says during a guided tour of his Misty Meadow Farm She formed very well Sightseers are getting unusual access to that most venerable of American institutions the ing farm More than a dozen farms around New York state and hundreds nationwide have opened their gates to visitors over the last decade or two oftentimes to help gle with hogs ducks on People are really looking fop a simpler way of life When they see farming they hind of just want to touch it Farmer Fred Sepe keep from going out of business For 10 weeks each summer Fred and Anne Sepe invite people to ramble around their spread and the couple somehow balances the daily toil of farm work with educating and amusing thousands of guests I think that everybody's ated with the Sepe said People are really looking for a simpler way of life When they see farming they kind of just want to touch it And this is a heaven for kids In the barn boys arc taking turns jumping in the hay Outside two year-old girls have cornered a flock of ducklings hoping to grab a cuddle The hay wagon is pulling out again laden with families for a ride into fields Low i Tuesday Forecast High Partly cloudy i warmer 13 Complete weather D1 of sunflowers soybeans and hay Once they get used to the try smells one child got a rus going on the hay wagon with her declaration youngsters arc usually busy ing the turkeys chickens woolly sheep geese ducks miniature goat and the least sleepy of the hogs It's an urban scape as the Sepes can attest The couple who grew up in New York City tried out a hobby farm in New sey before moving their five dren to upstate New York in 1976 Misty Meadow is one of 11 veal dairy and hog farms nearly all run See FARM page A3 Clinton has options to get around debt limit Courier wire services WASHINGTON The Clinton administration and congressional Republicans both say it's a financial crisis that never has to happen Just so long as the other side backs down But suppose there is no budget deal by Nov 15 the day the Treasury Department confronting the need borrow to meet a billion interest is expected to run out of cash unless Congress approves an increase in the federal debt limit What's a Treasury secretary to Quite a bit it turns out Financial specialists say that failure to increase the trillion limit on the government's total borrowings won't necessarily trigger the first default in U.S history The specialists contend that there are a variety of steps that Treasury Secretary Robert E Rubin could take to keep the government bly even through the November 1996 election if the administration and Congress cannot settle their ences Impractical or illegal But there's a Most of the legal steps are probably impractical and most of the practical steps are probably illegal Either way protecting the ment's would force Rubin to march deep into treacherous financial and political territory that has never been explored Rubin acknowledges the Treasury has options to avert default should Congress block an increase in the debt limit He isn't talking about them though To do so many officials say would only egg on Republican in Congress and diminish White House bargaining power in the get fight There are a number of measures not a lot that you can consider Rubin said at a meeting last week with editors and reporters of The Washington Post Each of those 1 measures involves certain legal and practical questions and we have not li resolved any of that Clinton's options In fact White House and Treasury Department officials are frantically thrashing out answers to those tions in what one Clinton aide called interminable planning sessions Among the options available to H Drawing on money held in lic trust funds such as the Social Security Trust Fund or the ment funds for civil servants and personnel B Calling back federal funds on deposit at commercial banks B Tapping the Exchange tion Fund the little-known kitty that MIT FRESHMAN WRITING SKILLS FOUND TO BE LACKING
