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Publication: European Stars and Stripes Friday, May 20, 1977

You are currently viewing page 27 of: European Stars and Stripes Friday, May 20, 1977

   European Stars And Stripes (Newspaper) - May 20, 1977, Darmstadt, Hesse                                May 1977 the stars and stripes Page 27 pact May be near in Salt sessions Geneva up the United Stales and soviet Union reared agreement thurs Day on a framework for a new strategic arms limitation Secretary of state Cyrus Vance and soviet foreign minister Andrei Gromyko also agreed there should be a resumption of the Geneva Middle East conference this fall and that there is no atmosphere of crisis following the israeli the Progress toward a framework on a strategic arms confirmed by officials close to the was visible from several outward signs the arms talks were adjourned Early thursday afternoon so that both sides could review the the Mutual agreement on contrasting to the daily briefings at the earlier round of talks in Moscow in March which ended without agreement and with no real discussion of the what officials called the general atmospherics in these indicating that the soviets Are giving thoughtful consideration to the ideas which were rejected almost out of hand in Vance and Gromyko discussed strategic arms for five hours wednesday afternoon and thursday they then turned to the Middle East in a third meeting thursday state department spokesman Hodding Carter Iii there was no atmosphere of crisis following the israeli elections which saw the righting liked party score an upset Victory Over the Long gov earning labor Vance and Gromyko agreed that the Middle East which met for just two Days in should be reconvened this without too much difference what the fall there was a full reaffirmation that the conference should take Carter earlier in the Secretary Gen go found dead at Home believed victim of stabbing bad Germany sets a 24yearold 8th inf div 5 Theodore Booker died sunday morn apparently from Stab an army spokesman Here said the victim assigned to c 1st 59th air defense was found dead at his Home at Martin Luther King Village in an investigation by 8th inf div authorities according to the spokes Booker is survived by his Leola Booker of the victims parents Are and Theodore Booker of nor eral Kurt Waldheim said after having Pri separate meetings with Vance and Gromyko that he believes the Geneva con Ference cannot be held this year because the israeli election result has made the negotiating process More Waldheim said that a breakthrough is needed this to prevent a dramatic deterioration of the Middle East after their afternoon accompanied by told waiting re porters that the two sides believe that the situation presently existing in the Middle f East is not that it is potentially Vance was asked if he and Gromyko thought the situation dangerous now be cause of the result of the israeli because it has continued danger Ous for quite a advice to Black rhodesian Young suggests Boycott of Whites Mozambique up Dameri Cas ambassador Andrew Young thursday suggested millions of rhodesian Blacks should Boycott White merchant institutions in tactics similar to those used in the 1969 american civil rights such a massive economic Boycott would have As Deve stating effect on top pling the White minority government of Ian Smith As the current guerrilla War raging in Young said in a keynote speech to a conference on Namibia and Zimbabwe Young circulated a 10page memorandum to delegates from 87 nations and Black liberation leaders outlining the principles guiding american policy on Southern Africa and then delivered an emotional 40 minute speech in which he constantly Drew parallels with the american civil rights movement and his and president Carters personal Young recommitted the United slates to finding a negotiated settlement in Rhode Sia and Namibia though he acknowledged it was a race against time and that the guerrilla War would he warned that the United Stales is prepared to Lake new measures in the United nations if we do not obtain rapid Progress in peace talks but cautioned african leaders Hal a combination of pres sures and incentives for change can prove More than outright 1 Donl see any change of Robert a Leader of Rhodesia patriotic front and an outspoken critic of american policy he has to prove Awre has been a revolution in american he Speaks about civil rights am an economic we have tried Tho e methods and we Are talking about a colonial the emerging economic strength of Africa is having a revolutionary Impact on the Southern Africa Young said and it is based on economic assumptions thai 1 hold such great Hopes for cd Inge in Southern he if every Black in Zimbabwe did not Purchase anything but food and Medicine for another three to six months in would bring an Impact on the Smith regime equal to the armed Strug As Blacks in americas South were so the people of Zimbabwe should be instructed that it is he stocks closing Stock prices through the Courtesy of Bache Halsey Stuart address graph Allied chem sen Alcoa Arda Heit am air flu am 11 Cutell pea 311 cold Palm 591 lbs 3s4 com need con 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Sperry Rand Stdio local Swincow telex one Insl Texas Mil Twa Union arb Unic toil Union Pac in Trovat unit All uss Leel Well Nuhse Xerox 111 3tl 341 31 111 til s14 131 44s 113 414 39 i 19 111 it 341 Sll 435 my 111 14 1 administration there has been something of a revolution in he i respect your scepticism and even your but there is a change in America that makes me extremely he we Are in a race against time regarding Namibia and but urged delegates whatever their to support efforts to press ahead with any promising Senate approves new Cabinet Post on Eit Ergy Washington a the Senate voted wednesday to create a department of a new Cabinet Agency sought by president Carter to implement the nations Energy the legislation now goes to the where a similar Bill is awaiting door the Senate approved the the proposed to be headed by White House Energy adviser James would Nave Broad Powers Over Energy pricing and if the Energy reorganization would create the first new Cabinet Agency since Congress established the depart ment of transportation in it also would be one of the largest Feder Al reorganizations the Energy department would Start life with employees and a billion the vote marked the first major administration Energy proposal to win approval in either Carter said he needed it to carry out the Energy program he wants the proposed department would absorb functions of Energy programs currently scattered throughout the both democratic Leader Robert c Byrd and Republican Leader Howard Baker 15 most Active York up the is most Stock in hex York Stock Exchange composite trading at 4 p Hurt Day sales last simplicity Law 9 British 4 Texaco Patrick Franklin Polaroid Xerox Fuqua k Marl Eikon Motoo he is i4vi 31a to amex 10 most Active new York up the 10 Mott act lire Locktin american Stock enc Anoe composite trading Al 4 thursday Salei chg  1isi 4 girl Mii 4 Austral u t u u 4 Federal Ivi Champ Sce 04 14w Ernst dec inc Bio on 4 v Newyork api Dow Jones closing averages thurs called for the Bills although Baker said the new Agency might turn into an unwieldy under the three existing Agen cies would be abolished outright the Federal Energy the fed eral Power commission and the Energy research and development the new department would also pick up some Energy programs now in the Inte rior department and a number of other the Senate went along with a Modifica Tion in the administration legislation recommended by the governmental affairs committee relating to Energy it would Transfer the pcs regulation of wellhead natural Gas prices and the Feas regulation of Oil prices to a three member Energy regulatory Board within the new the boards pricing decisions would be subject to a presidential veto and the Energy Secretary could make proposals to the under the administration these Powers would be vested in the Energy Sec the House approved 23 to 0 wednesday by the House Post office and civil service follows the recommendations of the administration on Energy in other Energy news Carters chief spokesman said wednesday that transportation Secretary Brock Adams was speaking for himself when he proposed that Money from car ters standby gasoline tax be used for mass transit instead of being returned to Ameri cans As conversion rates Brussels up wednesdays Clos ing rates of the Dollar to european figures Are expressed in Dol Lars to the British other local currencies to May 19 British German French dutch italian Swiss Green Spanish May ii i x industrials 0 Sumi ties is stocks lit 19 is s4 close 41 14s ill 14 change i u 1 46 009 1 v these Are commercial banking rates and in most cases Are not available to the Public at the exact rate most european Money markets were closed for the ascension the Sale of Marks to personnel for personal use will be at the rate of on which is based on a Price fixing at midday and allows for a Standard handling  
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