21 May 1989
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
May 21, 1989
Page
1
A museum undertakes a restoration project linking its collection to a Model T automobile. The effort aims to showcase early 20th century manufacturing, transport history, and the evolution of consumer mobility, highlighting donor involvement and community support.
Hundreds of thousands defy martial law in Beijing with mass protests in Tiananmen Square. Students hunger strike leaders say 3000 began May 13. Premier Li Peng declares martial law but troops halt at perimeters amid packed crowds and calls to turn back convoys.
About 3,000 students abandoned hunger strikes as martial law covered large Beijing areas. Tiananmen Square remained crowded with over 200,000 activists demanding democratic freedoms while crowds blocked military convoys. Protests spread to Shanghai with hundreds of thousands rallying. Zhao Ziyang resigned after Li Peng’s hard line amid government crackdown concerns.
Thai authorities used a steamroller to crush about 6000 counterfeit watches bearing Cartier Rolex Gucci Omega Longines and Seiko in front of a riverside police station. The seized items were openly sold at street stalls across Bangkok as part of a crackdown on counterfeit luxury goods.
National Weather Service forecasts sunny today with highs in the low 80s and a clear night with lows in the upper 40s. The item appears in Vol 94, No. 141 with brief weather details.
The 1989 Telescripps Mountain Festival in Bluefield features a physical fitness competition, a festival auction, and a pretty baby contest. Events run Friday through Sunday at Bluefield City Park and Bluefield State College with sponsors including the Bluefield Chamber of Commerce and various local groups.
In Grundy Virginia a 6 foot 8 inch bronze coal miner statue was unveiled on the courthouse lawn to honor miners and the Girl Scouts who funded and built it. The project cost over 30000 dollars and was raised by Buchanan County Girl Scouts with help from 270 volunteers after two years of effort.
Commissioner Emily Spieler warns the West Virginia Workers' Compensation Fund is in crisis due to reduced employer fees in 1985 and rising annual claims. Unfunded liabilities reach 600 million dollars. a 42.8 percent increase would be needed to restore solvency, beyond the 30 percent already announced. The fund runs cash losses, has sold securities, and notes in 24 of 47 jurisdictions are not sound.
Commissioner Emily Spieler reports big losses in the Workers' Compensation Fund from a 30 percent rate cut in 1985. She notes annual deficits of about 20 million through 1987-88 and says further rate increases are likely, to be phased in gradually, alongside cost containment efforts.
West Virginia stands second in the nation for employer payments to workers compensation. The state Chamber of Commerce reports average benefits per covered employee at 632 dollars annually, per director John Hurd, with an anticipated 30 to 43 percent increase this year depending on the source.
The West Virginia Chamber of Commerce reports the state pays more workers' compensation benefits per covered employee than all but Alaska. The Workers' Compensation Fund took in 137 million in subscriber premiums and paid 250 million in benefits in 1988. A 58 percent premium hike is needed now to balance cash flow, instead of the 30 percent retroactive to January 1, 1989. A further 22 percent increase on July 1, 1989 on top of the 30 percent is required to avoid fiscal 1990 cash flow trouble.
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