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Publication: European Stars and Stripes Saturday, January 21, 1978

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   European Stars And Stripes (Newspaper) - January 21, 1978, Darmstadt, Hesse                                January 1978 the stars and stripes Page 7 Carter puts off spending for More aircraft carriers diet death Patricia of died of a heart attack january 2 after losing 83 pounds to abort Days while on a liquid protein diet her father be Peres the liquid protein diet i the prime suspect in her by Fred Hoffman a military writer Washington a president Carter said thursday night he has postponed spending for any new aircraft carriers until his defense experts decide on the future size and composition of the we need to examine the appropriated size and mix of the United states naval forces in tie Carter said in his state of the Union have deferred spending for new aircraft carriers until a current defense department study is completed Early this this was the Torst official confirmation of reports that Advance funding for a new class of medium size carriers bad been dropped from his fiscal 1979 which will go to Congress next his words also tended to Bear out com ments from senior naval sources that the shape of a five year Navy shipbuilding pro Gram remains an open James chief of naval is known to have proposed a scale Down plan contemplating construction of about 100 new ships by including at least one aircraft the Navy leadership believes the United states needs a 600ship Fleet to operate a truly two Ocean but the present reduced sharply after the Vietnam numbers Only about 496 the role of the aircraft Carrier has been debated and questioned repeatedly in recent the Ford administration decided the country could no longer afford super car riders at about 12 billion a its experts recommended design of a new medium size Carrier of about tons compared with the Jpe car conventional propulsion rather than nuclear the Navy now has 12 carriers available for Fleet plus one for it claims this is an irreducible if the Navy isto carry out its present prac Tice of deploying two carriers each in the mediate Nannean and Waters of the far Navy Leaden warn that some of 10 Best investments in 1977 jaded appetites costly to satisfy new York a the 10 Best invest ments you could have made in if you had a lot of were Post impressionist the rhodesian carpets and antique in that so says Franz new York publisher of world currency who makes a yearly study of these had you in vested in Gold coins in january last year you would have been 30 percent ahead in but Silver Bullion would have yielded Only 10 percent the bes performing Stock Market in the world in 1977 was with a 42 per cent average Milan stocks were Down 24 percent and new York stocks dropped 17 Diamond prices advanced 11 to 34 per cent depending on the size of the the Best currencies to hold included the tunisian which Rose 31 percent in value against the and the Japa Nese which gained 22 the worst was the Argentine which plunged 55 pick notes that worldwide inflation continued in and the Art of conserving savings and capital became a most difficult pick notes these outstanding invest ments last based on a study of auction sales in cities from Amsterdam to Hong Kong a 4th Century greek Bronze statue by Lysis plus was bought for five million dollars by a private Syndicate headed by a belgian the per cent above the previous years set a world Hong Kong buyers pushed demand for Jade to a 774 percent higher level when at so Thebes in Crown Colony a pair of Jade table screens was hammered Down for tapestries jumped into local headlines when a set of goblins of the Zodiac circa by Dominique de la Rose to in a British 354 percent above the 1976 a 1734 Guarneri violin found a buyer at at so Thebes in 158 per cent higher than the 1976 Post impressionist paintings showed belter prices in Picasso homme asses a Verre was bid up to in new 114 percent above the previous years porcelain was not very popular in but in 1977 a 1730 pair of White Meissen vultures was bid up to percent above the 1976 in the paperweight Market a Cuchy con Volvulus bouquet weight fetched in a new record and 74 percent above the top 1976 carpets Rose to six digit figures in 1976 due to the Nouveau riches demand of open and in 1977 the Rise con with the highest Price up 70 per a Hertz silk carpet reached a record level of at a new York antique Silver remained a very expensive in 1977 a pair of Louis Xiv soup tureens circa 1740 found a buyer at up 53 percent from for people with More commercial tastes than the sophisticated Art anti Mony was the thing to buy in at a profit of 54 percent for the and if you like to fish in the troubled Waters of currency the Best free or Blac Market performance for 1977 was attained by the rhodesian which leaped 85 the carriers Are getting old and that action must be taken soon to build Carter gave few other hard details on his new defense which he said will re quest increases in defense spending that More than compensate for the who campaigned on a pledge to Cut defense spending by billion to billion a said the increases Are needed to maintain an adequate military balance in the face of continued soviet Mil itary it is known that Carter will propose de sense spending totalling about billion next year about billion More than this but about billion less than the Ford administration projected for fiscal in his message to Carter made it Clear that improving the readiness of forces to fight a european if holds a High he said the fiscal 1979 budget will pro pose an 18 percent increase in purchases of weapons and equipment for the which currently is outgunned by the soviet army facing divisions in Western Carter also said he will recommend funds for a vigorous Airlift enhancement this Means he will try to Over come an estimated 50 per cent shortage in the numbers and types of planes needed to haul ammunition and equipment across oceans in an French firm denies plans to build car in England Paris a the Renault automobile firm has denied that it has plans to have any of its cars built in a statement issued by Renault in reply to a statement by John Rowan of the Alma Gama Ted Union of engineering workers about talks Between Renault and British Leyland for the fabrication of a Renault Model under License said such an eventuality is totally twins Pat and Mike Sopho mores at port Northern cast in the same die High arc both nursing pulled ligaments in their right Ankles after trip Ping Over the same they were Hurt within an hour of each  
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