New Braunfels Herald Zeitung (Newspaper) - February 21, 1985, New Braunfels, Texas
Budget director told to keep personal views to himself, aide saysW/orld /National
Thursday, February 21, 1985 6ASenate seeks compromise to end farm filibuster
WASHINGTON (AP) — Farm-state senators are optimistic they will reach agreement on a more generous package of credit assistance for faltering farmers, an issue that has prompted a paralyzing filibuster and delayed action on other conressional business.
“We’re getting very close to agreement,” Sen. David Boren, D-Okla., said following a meeting late Wednesday with Senate Majority Leader Robert Dole, R-Kan., and Agriculture Secretary John Block.
"I think we’re finding out our differences aren’t that great,” Dole added after a day of meetings in which the administration promised to further liberalize its already announced credit aid program. Another meeting was scheduled for today.
At the same time, House Democrats were attempting to seize the initiative on the issue, pushing $1 billion in additional farm loan guarantee authority through the Appropriations Committee and taking up a more ambitious credit package in the House Agriculture Committee.
Appropriations Committee Chairman Rep. Jamie Whitten, D-Miss., called the measure “a holding action” needed to keep farmers from sliding into bankruptcy. “If we don’t restore some health to agriculture, they’re going to go out of business.”
While the Senate meetings took place Wednesday, Boren, Sen. James Exon, D-Neb., and others tied the
Total U.S. farm debt
In billions of dollars outstanding Jan. 1
Chicago Tribune Graphic; Source U S Department o? AgricultureWhy farmers are upset —debt has more than doubled since 1976
Senate in knots with a filibuster that prevented con- Dole and Boren declined to discuss the emerging sideration of other matters, including the confirmation of agreement in detail, but other participants in the
Edwin Meese III to be attorney general and a $7 billion meetings said it was likely to include a higher ceiling on
highway bill. loan guarantees — perhaps $3 billion, instead of the $650
million the administration first announced — and more liberal eligibility terms and guarantee levels.
“This expands the Band-Aid,” Dole said, making reference to the negative reaction the credit package received when the administration announced it two weeks ago.
But Dole still expressed strong opposition to a suggestion that farmers immediately be given a portion of the crop price support loans they normally would receive at harvest time.
Political pressure has mounted along with the credit crisis, which threatens many farmers with extinction.
Hardest hit are Midwestern grain belt producers caught in a squeeze between high interest rates and iow values for their crops and land. Estimates are that tens of thousands may not be able to borrow enough to plant spring crops, and that many could be driven out of business.
At issue is how far the government should go to help them, and how much of that burden should be carried by others: state governments, the banks that made the loans and the fanners themselves.
“There is a certain percentage out there that are not going to be able to be helped,” Dole said.
Dole, Block and others insisted Wednesday that the administration had already done enough to ease farm credit problems.
Thatcher outlines economic issues
WASHINGTON (AP) - Prime Minister Margaret Thatcher, emphasizing her acceptance of President Reagan’s arms control strategy, is playing down U.S.-British differences spawned by a strong dollar and a weak pound.
The British pound, along with other Western European currencies, has been driven to record lows against the strong American dollar. Mrs. Thatcher’s Conservative Party has blamed America’s $200 billion deficit for siphoning capital from around the world, weakening other currencies and driving up interest rates abroad
Mrs. Thatcher, in separate private sessions planned today with Treasury Secretary James A. Baker III and Federal Reserve Board Chairman Paul A. Volcker, was to emphasize how the economic policies bf one country affect another, according to a British Embassy spokesman.
In keeping with the positive, non-confrontational tone of her visit, the prime minister “does not have a shopping list of complaints,” spokesman Alan Ingle said. “They are general discussions of bilateral economic issues.”
The president and Mrs. Thatcher, after conferring privately in the Oval Office on Wednesday, lunched and talked for 2H hours. Mrs. Thatcher said she and the president had “a thorough discussion” of economic problems.
Continuing her enthusiastic praise of Reagan’s conservative policies, she said the record of the American economy and its success in creating new jobs is “enviable.” But she added the reminder that the size of the U.S. economy is such “that your decisions affect all of us.”
An official familiar with the discussions who spoke on condition he not be identified quoted Mrs. Thatcher as saying that “while there are obvious concerns about the strength of the dollar, the biggest danger would be a rapid decline in the value of the dollar.”
In her address Wednesday to a joint session of Congress — the first by a British prime minister since Winston Churchill in 1952 — she warned that the West should not “expect too much too soon” from the arms control talks with the Soviets.
Mrs. Thatcher noted that the current strength of the dollar, which makes foreign goods less expensive in the United States, poses difficulties for U.S. export industries and creates pressure for international trade barriers that would harm free trade.
“I am certain that your administration is right to resist such pressures,” she said. “To give in to them would betray the millions in the developing world, to say nothing of the strains on your other trading partners.”
Cool it David
Stockman told to tone down his viewsMargaret Thatcher
At a formal British Embassy dinner Wednesday evening marking the 200th anniversary of Anglo-America diplomatic ties, President Reagan praised Mrs. Thatcher for the "vigor, clarity and directness” of her views.
The two nations, he said, celebrate their anniversary while “bound together by innumerable ties of ancient history and present friendship.”
In the area of international commerce, Reagan said the United States is determined to “knock down barriers to trade and foreign investment, and to the free movement of capital.”
WASHINGTON (AP) — White House officials say Budget Director David Stockman has been told to tone down his public statements or stop talking about such sensitive issues as military pensions and financially ailing farmers.
One senior administration official said Wednesday that White House chief of staff Donald T. Regan informed Stockman of his displeasure about the budget director’s recent testimony before a Senate committee and about comments Stockman made to reporters.
According to the official, Regan told Stockman “that many of these statements could be left unsaid or better expressed.”
The official, speaking on condition he not be identified, would not say Stockman was disciplined but made it clear the new White House staff chief gave the budget director a dressing down.
Regan, a former Marine Corps officer and Wall Street chief executive, has a reputation as a tough task master with a ready wit — and a ready temper.
But the official denied Regan had threatened the often brash young budget director with dismissal, although he indicated Stockman’s behavior is being watched.
Asked what would happen to Stockman as a result of his recent unauthorized testimony, the official said, “As of the moment right now, nothing. He will continue to fight the battle of the budget.”
Asked if Stockman would soon be leaving, the source
replied, “I’d have to refer you to Dave on that one. ... We’U just see how things fly, play it by ear.”
“Now, he was very good up on the Hill yesterday,” the official said, referring to Stockman’s testimony before the Senate Budget Committee.
Asked if that indicated the budget director was on some sort of probation, the official said, “No. ... That would lead to the interpretation that these were outbursts and not continuing practice.”
Stockman, 38, has not set any date for his departure from the administration, but there has been recurring speculation that he would not remain through President Reagan’s second term. Commerce Secretary Malcolm Baldrige is said to be a candidate for head of the White House Office of Management and Budget should Stockman leave.
WASHINGTON — Budget Director David Stockman was hospitalized early today after he complained of feeling faint at a party, a hospital official said.
Stockman was listed in stable condition at Georgetown University Hospital, after he entered tile emergency room accompanied by his wife, hospital spokeswoman Claudia Dominitz said.
“Mr. Stockman came in at I a m. and he was complaining of feeling faint,” Ms. Dominitz said. “He was admitted to the hospital and is in stable condition.”
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Donald Duck's voice stilled
BURBANK, Calif (AP) -Clarence “Ducky" Nash, who once yearned to be a doctor but said he became the biggest “quack” around aa the voice of the Donald Duck, has died at the age of SO.
Nash died Wednesday of leukemia at St Joseph Medical Center, said hospital spokeswoman Rhoda Weiss.
The Watonga, Okla., native joined Walt Disney Pictures on Dec. 2,1933, ami retired more than 14 years ago, but he was in great demand the past few years to make personal appearances.
"I’m busier now than when I was under contract,” Nash said a few years ago. “Actually, I originally wanted to be a doctor, but instead I became the biggest ‘quack’ in the world.”
In the last two years, he appeared on an Academy Awards telecast, a CBS television special, “Donald Duck’s 90th Birthday” and provided Donald's voice for the 1913 Oscar-nominated short feature, “Mickey’s Christmas Carol.”
Nash also conducted a tour to celebrate Donald’s half-century mark, ending in the White House where president and Nancy Reagan gave him a plaque commemorating Nadi’s unique place in American family entertainment.
Hie success of Donald, who made Ms debut in IMI in the “Wise Little Hen” cartoon, was assured from the moment Nash opened his mouth, said Frank Thomas, a longtime Disney
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