European Stars and Stripes (Newspaper) - September 27, 1977, Darmstadt, Hesse Page 28 the stars and stripes Money talks tuesday september 27,1977 Carter pledges More . Aid to developing countries As world bar pfc if open meeting Washington up preside Tcarter said monday the . Is prepared to increase assistance to developing coun tries through the International financial institutions. All this will take time Carter told delegates at the opening of the joint annual meeting of the world Bank and International monetary fund. Our goals will not be achieved overnight. Perseverance will be the key to Suc Cess. We Are prepared to stay the course and you can depend upon Carter said the first responsibility of every country is its own Economy. But the president said healthy economies can Export their Success to other nations in such a Way that All can Benefit. Carter said the . Would resist protectionism and other restraints of International Trade despite nagging Trade deficits. Strong economic growth in the . And a slowing Pace of growth in other countries combined with an accelerated . Import of Oil have All led to a Rise this year in the . Trade deficit which has continued even through last month Carter said. With respect to Oil imports i have pro posed to Congress a comprehensive Energy program designed to reduce our Oil imports Carter s Brief speech had no specifics. Several delegates from less developed countries said they were disappointed in Carter s remarks. It was a poor speech a latin american Delegate said. Carter said the health of the world econ omy depends on the health of our individual economies so the system will not be aide to Schmidt flies to Vietnam in Effort to find Host for terrorists Bonn a a top aide of chancello Helmut Schmidt left for Vietnam monday in an apparent new bid to find a Host coun try willing to accept 11 terrorists whom the kidnappers of industrialist Hanns Marti Schleyer want freed reliable sources said. Sources earlier said that the same aide Hans Juergen Wischnewski flew to Alge Ria and Libya and later to South Yemen and Iraq on similar missions during the past two weeks apparently with no Suc Cess. Schleyer 62, has been held by terrorist since he was captured in an ambush in co Logne on sept. 5. His Driver and three police guards were killed during the kid aping for which the so called red army faction Raf new Gas books effective oct. A cafes reports Municha new series of gasoline coupons will be required effective oct. 1 for use in Germany West Berlin and the Netherlands. According to col. Oran t. Hrncir director of the cafes Europe services Divi Sion "s-6" series will replace the "s-5" series in West Germany and Berlin and the "ns-2" series will replace the is a coupons in the Netherlands. Series num Bers Are imprinted at the top left of the Coupon Book covers. Only the new series of coupons will be accepted for gasoline at cafes Europe stations and participating commercial stations beginning oct. 1," Hrncir said. The new series will be valid until sept. 30,1979. Hrncir said customers who still have coupons from the expired series after sept. 30 will have one year to redeem them for Cash at any cafes Europe pol sales Point. Europe mostly Cloudy with rain showers tuesday. Mostly Cloudy to Cloudy wednesday. Frankfurt Heidelberg High 65, Low a m5""6 tuesday 6u pm Sunrise wednesday 6 21 temperatures recorded monday get -4am 4pm 4am 4om 66 79 63 66 52 68 43 55 57 66 48 54cl Cloudy Adana p Athens p Aviano a Oberlin p Brussels cd Copenhagen cd partly Cloudy. 43 57 56 58 52 52 64 64 79 55 70 68 Frankfurt p London cd Madrid Clunich cd Paris p Rome cd Del 25, 31 St weather so claimed responsibility. In return for Schleyer s release his Cap tors have demanded that German authorities Fly 11 jailed comrades to a destination of their Choice. The jailed terrorists include three ring leaders of the original Baader Meinhoff group now serving life terms for 1972 bombings that killed four . Soldiers at military installations Andreas Baader Gudrun Ensslin and Jan Carl raspe. A report that the Kidnap drama May be nearing its end was denied late monday by a spokesman for Denis payot a lawyer who presides Over the Swiss league of human rights and is acting As an inter mediary Between the terrorists and the government. Meanwhile terrorists Are suspected of staging at least one of two armed Bank raids that netted $212,000 in Bremen and Cologne monday police said. Bremen police said three men arid a woman held up the Neel Meyer Bank Only 300 Yards away from Bremen s police Headquarters and got away with some $208,000. In Cologne two armed robbers shot the manager of a suburban Bank Branch in the leg before making off with $4,000. Wit Nesses said they saw a woman behind the steering wheel of the getaway car. Police did not immediately link the co Logne robbery to activities of the red army faction anarchists. Bremen police said said 10 clients and 27 Bank employees were threatened by on robber who stood at the door with a Summa Chine gun while the other three grabbed the Money. The foursome none of whom bothered to Wear masks drove up to the Bank at a Normal they parked their getaway car about 150 Yards from the Bank police said. Police found the stolen getaway car half an hour after the raid As they fanned out Over the City in a Large scale search. The Bremen Bank and the City prosecutor s office each offered rewards of some $2,080 for information leading to the arrest of the robbers. Jordan reports cholera cases Amman up the health ministry has reported two new cholera cases in Jordan but said major cities Are free of the disease which has hit several Middle East Ern nations. The two new cases were in the Northern Section of the country officials said. Sound unless we act responsibly at i am pleased he said that the . Economy is healthy and growing. Our rate of inflation while still too High for our liking is the president said the . Would meet its growth targets of 6 per cent increase in real Gross National product this year and he promised vigorous growth next Carter s self acknowledged optimistic prediction was in contrast to the state ments of finance officials attending the meeting. Johannes Witteveen managing director of the if said that some nations should Cut taxes to Shock the world out of its cur rent economic Lull. He also said there has been a surge of protectionist sympathy As economically struggling nations try to pre Carter traces delay to a family tree Washington up presi Dent Carter apologized to members of the congressional Black caucus for being late for their annual dinner Over the weekend. The president said he was delayed because he met Alex Haley the author of the Best Selling Book roots coming into the dining room and i made the mistake of asking him How his family Trade deficit for August is $2.7 billion continued from Page 1 have built up Trade deficits and it could take 10 years to return to Normal. They say other countries have been unable to buy . Products because the Economy has been growing More rapidly than theirs. The latest Trade report shows that Petro Leum imports declined for the second month in a Row dropping from $3.6 billion in july to $3.3 billion last month. So far this year the . Trade deficit is $17.6 billion and administration officials say it could exceed $25 billion for the year. The Trade deficit for All of 1976 was $2.3 billion. The deficit fluctuated in the last four months rising from $1.2 billion in May to $2.8 billion in june then declining to $2.3 billion in july before the present figure of $2.7 billion. Exports of commodities showing big de creases in july through August were soy Beans Cotton logs Iron and steel scrap Coal synthetic Rosin and plastics textile yarns and fabrics chemicals motor vehicles and parts and other machinery. Showing increases were aircraft space Craft and parts and electronic computers and parts. Besides Oil other imports that contributed to the decline were fish motor vehicles and parts clothing and crude rubber. $1.75 million in Silver stolen from British firm Birmingham England a police Are investigating the theft of almost a $1.75 million Worth of Silver Bullion from a Bir Mingham firm. The loss of nearly 700 Silver bars valued at $2,625 each was discovered when some of the stolen bars were offered Back to the firm for Sale. Vent imports from harming weak Domestic industries. Although protectionist measures May be a natural response to High unemployment and Low growth rates such measures Are unlikely to provide anything other than Short term Relief Witteveen said. World Bank president Robert Mcnamara called on National governments to show a measure of political courage by in creasing International Trade even though it May result in some Domestic Job losses. Neither Witteveen nor Mcnamara identified the countries they referred to. Finance ministers from 131 member nations will meet through thursday to Dis cuss world economic issues that include unemployment slow growth rates and the difficulties of countries that cannot pay their Oil Bills. Vance urges approval of canal treaty continued from Page 1. States acted out of fear that Panama would seize the canal anyway. It is our interest not foreign pressures that led us to these treaties Vance said. Conservative treaty opponents say the treaty does not guarantee the United states the right to intervene militarily if Panama should somehow deny Access to the United states or some other nation. But said Vance a Panama which is co operating with us in canal management and will eventually exercise full manage ment responsibility has no reason to seize or obstruct the moreover the Secretary said the joint chiefs Are satisfied that the treaties enable us to keep the canal open indefinitely he continued i believe the ratification and implementation of these treaties will be the single most positive action to be taken in recent years in our relations with latin in separate testimony Linowitz said that if the pact is not approved by the Senate the time May come when we May find ourselves having to defend the canal by Force against a hostile population and in the face of widespread condemnation by the countries of latin America and even the rest of the Bunker noting that the treaty negotiations first began in 1964, said the United states will have full control of canal operations until the year 2000. He said treaty opponents have overlooked a history of three quarters of a Century of cooperation be tween the two nations. It is Safe to say there is no other nation with whom Panama maintains a closer relationship than with the United states said Bunker. As the hearing opened senator after senator referred to the extreme emotionalism the Issue has raised and said that mail to their offices much of it the product of organized campaigns has been running As much As 100 to one against ratification. Most of the senators who had opening statements said they Hope the hearings will begin an educational process by which the Congress and the american people will be persuaded that ratification is in the nation s Best interests. Republican Leader Howard h. Baker of Tenessee said he has not made up his Mindon the Issue. But i Don t want these hearings to Start on the basis that we re ashamed of the Panama canal Baker said. At the same time Baker said that a country cannot live in the past and indicated that the realities of the present May dictate a change in the canal status
