European Stars And Stripes (Newspaper) - July 14, 1977, Darmstadt, Hesse                                Thursday july stars and stripes 5 consumer losing on me Washington Apt consumer put chasing declined in june for the third con Sec Tulve Commerce department reported tuesday in the most serious signal yet that the Economy May be headed for significant slowdown in months while it May be Only a slowdown in consumer buying in april almost simultaneously with Presl Dent Cartra decision to withdraw his proposal for a Iso tax department estimated total retail sales in june at of i per cent decline in May and a drop of on tenth of 1 percent in me Dollar terms was Lew than on tenth of i per but since the sales figures Are not adjusted the decline in consumer buying in real terms was probably the june de Cline in retail sales followed a three tenths smoke gets in your eyes no More Norbert Kirk Slowi the smoke eliminator at a show id Lite ashtray be invented has a Valiery idea unthinkable powered Tan Hal draws smoke through Niters that deodorize and expel the feint remains of the photo Carter aide wont of buy destroy drug plan rials have expressed Confidence that while the Economy will slow somewhat from the Ceni Gigut Pace of the first halt of the off grow Al a healthy rate a the time tax several prominent administration officials including Secretary of labor Ray had said Consumers May have been spending rebates in Advance and could be left a Ruth empty they Ltd rage combined with other recent including a Rise in me  goods were in changed from durable sales total compared Slih Mays w073 and nondurable sales total de compared with sales Famos and Auto parts increased slightly in june to 1 up from the first decline in l government Index of economic the retail sales Sag May add to fears the it entering another similar to the economic pause in Carter administration the sharpest decline in sales in june occurred building1 hardware and farm equipment with sales falling 3 per cent to Down from to Iron tractor its r Washington Iurii the Carter administration tuesday rejected a congressional suggestion that the United states buy and destroy up to million Worth of narcotics from Southeast asias opium Peter director of the office of drug abuse told the House select committee on narcotics that h would be unthinkable or the administration to Deal with rebels in Burma to curb the narcotics Lester the commit tee suggested the Purchase a Las resort to choke off supplies of opium and its refined morphine and heroin derivatives from the Golden Triangle grow ers of Burma and Wolf said an offer by Shan warlords of Burma two years ago to sell 400 tons of opium was rejected by the state depart he said a new offer was made to his committees investigators this april by a consortium of insurgent army in Northern Burma who control the approximately 250 tons of opium oui sent to 25 tons of heroin could be Ajr chased for w million for each of 6 Wolff substitute regional crops or income could be established to remove the need for Farmers la grow opening two Days of hearings on the global narcotics Wolff said since past efforts had failed u crush the insurgents and their narcotics a Pur Chase agreement through local governments or a consortium might be we have carefully assessed the Poten tial for preemptive buying As an effective component o our Overall Bourne i have personally made several trips to both Burma and Thailand and have had extensive discussions with officials in both countries concerning this t found not a single person who Felt this concept had any the burmese government is cooperating with Thailand in eradicating the narcotics Bourne and we believe that the Lon term will be the near elimination of illicit burmese opium from the International Bourne said estimates place Golden Tri Angle production at 40 per or 400 of the to to tuns which make up the worldwide Supply of illicit Washington map the Cia sold one of its front companies for million less than us net government Docu ments of a Large government contractor that provides highly sophisticated equipment for the the Cia and other paid Mil lion in 1975 Lor air Asia a Cia front based on that Deal was Good for since an audit of Alt Asia showed its net Worth How much its assets exceeded its liabilities Jyh air Asia was sold by air the Ciao Ned company that ran airlines the far East and Southeast Asia and provided transportation for various Cia pro Emp Layes air Asia did about million in business in mainly at a huge aircraft base on where about employees do contract maintenance on military and commercial aircraft in the far the documents on the a systems Pur Chase were released by Gerry who asked the Cia for information about the the audit Studds released was dated March by Coopers and a Large accounting and was an Appen Dix to a classified general accounting office John on systems said the net Worth shown by the audit was overstated he cited a second Coopers and Lybrand audit of the air dated showing in net Worth at r2 and he said even that figure was Loo had major liabilities we want to Moke Clear that we assumed some major the biggest one was an employee retirement or Termi nation Kumpf said we feel that was since we acquired air we have paid out More than that Kumpf were not denying that air Asia was a Good not Only was the Purchase a Good one for systems in terms of it was a Good one in terms of in the id months before the Deal was consummated on Jan air Asia earned million in a Cia document one Way accounting experts gauge the Cost of buying a business is How Many times larger the Cost of buying the company is than one years in this a systems paid Only about times earnings for air for com recent Stock Market prices show that one would have to pay 10 times earn Ings to buy All the Stock in american Tele phone and seven limes earnings for general motors and five times earnings for Lockheed to buy All the Stock to Esy Sterns would Cost seven has had a close relationship with the u is a major provider of Tercel electronic and radio equipment 0 the Cia and the defense including the so called electronic equipment used widely in the War in South East and systems runs the listening Post in the Sinai desert Between the egyptians and the under contract to the another with the Cia is a former Cia now on the a system Board of i a former Deputy Cia Lloyd is a lop vice presi Dent of logical development the company Purchase of air Asia was a logical Extension its aircraft maintenance business in the United which ural eds million in 1976 systems is also heavily involved in sales in the Par particularly to South Korea and one contract held by air Asia is with the Taiwan government for maintenance of m fighters supplied by tire United a systems does not provide figures on any subsidiary and would give none on air Asia since its the of time july Ibe k nations of West pm Europe have completed organizing a general Stair for planning to tar recovery with Marshall plan at a a minute meeting in the group penned find details of the organization which will pre sent Thelma Jedi in a draft by l july im7 the army and Navy Nave revealed thai they Are bouncing radar signals Oil Tae Moon in preparation Lor tracking the Earth satellite to be launched daring the International Geo Fay Ileal the Moon is used As a Era Point in calibrating the hot Coran Junist guerrilla form using rockets shelled lot huge a Naog base destroying my com of dollars work to planes Aad inflict lag loss of life in the Ucic