European Stars and Stripes (Newspaper) - July 28, 1978, Darmstadt, Hesse                                Page 4 the stars and stripes Friday july 28, 1978 travelling there s often a rude Awakening at How uni the Dollar buys overseas despite cheap Flig by Donald Saltz Washington not the falling value of the . Dollar abroad. What has it done to vacationers and business men this summer it has burst a balloon of euphoria for the american tourist who does t begin to feel the economic Pinch of travel until he gets past the bargain air  the traveler arrives in another country whether in Europe or Asia the re sults of the Dollar s collapse hit  reached his destination at lower Cost than could have been imagined last year does t help much when one starts spending for everyday  Devine assistant manager of Intra world travel in Washington says the trend for the traveler is to Europe because of the Low air fare but before he leaves he does t usually notice the prices hell have to pay for hotels food or goods and serv  she said Austria her Home for 16 of the last 20 years and one of the countries she recently visited is outrageous when it comes to prices and Germany and eng land Are very  is very difficult to find a hotel in aus Tria that does t Cost $60 a Day and that in t the Best class hotel she said. Most people Don t realize this before they go and then they get the Impact of the  Many travellers however go abroad in groups with the organizers making arrangements almost a year in Advance this not Only prepays most of the Neces sary expenses hut confines the costs to their level of about i year ago. Stephen m. Agrimis of the american Kex press co travel division said he was i touch with his firm s offices in Tokyo this week to ask if there had been any sever effect from the falling value of the Dollar against the japanese yen for the firs time in years the Dollar now brings less than 200 yen. There Haven t been any severe prob lems but then most of the travellers to Japan Are business people who have anticipated the monetary situation he said. Most people who travel go on some kind of package and most take Mure Money with them than they think they la actually  he added. A inns said there s been an incredible number of persons using their american express cards to get Cash at company s it ficus. He suggests that travellers buy checks in foreign currencies to lock in the Price they la pay but he said Only seasoned trav Elers usually do this. There is a phenomenal amount of traffic coming to the United states from Europe a inns said so Many germans Are coming Here. I suppose influenced by the value of the Mark against the Dollar that we have opened a school to train German Ameri cans to serve As tour guides for  a inns said the number of australians travelling to Hawaii and the West coast of the . Is up 90 percent from Only a year ago. Lawrence j. Frommjr a travel agent. Said there still is some ii travel to Japan. Those letters he said arc for for eign Independent itinerary for the Small number of persons who want their Intine varies made out for them in Advance and who Don t care about the  benefits of the promotional air fares arc More than neutralized for the average  Frommer said. In fact Many persons who might have taken advantage of some of the cheaper . Air fares and spent their vacations in this country have instead decided to go abroad and have been hard hit by prices in foreign countries. Trommer said Portugal and Greece Are two countries where currencies Are weaker this year against the Dollar but when inflation is considered the advantage is More than  cites Italy As an example of How the Public can be fooled if it relies on the value of one currency against another. He said the lira is depressed against the Dollar but inflation has been so rampant in Italy that prices Are still High by our standards. There is a terrible insecurity and worry the traveler abroad carries with him. That he May run out of Money and he especially feels this Way if he has a language  addition to Portugal and Greece. Occupational Hazard new York City firemen give oxygen to one of six stricken colleagues after he and the others were overcome by smoke inhalation while trying to Stop a Blaze in Manhattan thursday. The six firefighters were hospitalized. A result of shrinking Trade deficit end to Steep Dollar dive forecast by r. Gregory Nokes Washington a a top Treasury department official has predicted there soon will be an end to the Steep declines of the is. Dollar on foreign Exchange markets As a result of the nation s shrinking Trade deficit. "1 would assume there will be much greater stability in Exchange  Treasury undersecretary Anthony Solo Mon said. I do nut expect to see the Dis orders that we saw in the fourth Quarter of last year and the first Quarter of this year he said this Means govern ends will not need to intervene in financial markets to stabilize currencies nearly As much As they did when Market conditions were Dis orderly. However. Solomon declined to predict that the Dollar will regain some of the sub Stantial value it has lost against other major world currencies in the past 18months whether that results and at what Point and at what time in an appreciation of the Dollar. I would not want to make any fore cast on he said at a news conference. He linked his prediction of a More stable trend for the Dollar to the improvement in the nation s Trade deficit which narrowed to $16 billion in june. While still huge it was the smallest deficit in 13 months. By a yen  Solomon said he meant financial markets have been responding to the Rise in the japanese Trade surplus in Dollar terms it was another $1 billion in its . Trade in june although it has declined in actual Trade volume that s Why it s a yen problem not a general weakness of the  he said Frommer considers Spain Ynck Canada among the vacation c 3 better prices. Frommer said Travelet Ritow As much of their expenses u mme luding the Purchase of of Ruiz checks in German  for example. ? they should pay or Holek partial payments on rooms and Cor cd Tours he said. Frommer and others in his h to ask their clients about their they have returned. The Genera might be expected Prim Damper on an otherwise Fine naga Benson for brother of 1 Henry ii Dij Detroit a Benson fat or brother of Ford motor co. Dhenry Ford ii and a grandson of Dusty Pioneer Henry Ford d thursday Day after sufferings heart attack aboard his boat a to for the Auto firm said. Ford. 59. Was stricken while i was docked in Cheboygan. A res Unity at the Northern up of to lower Peninsula. Ford second son of the late de was a Ford motor co. Vice chairman of the firm s dealt Board and a member of the Hart tors. Benson Ford had cited ill Cha planning several years ago Why b interested in succeeding Henry Al Man of the company. A third brother William Day was recently named chairman executive committee and Jolit consisting of Henry ii an deput Ccu Tive officer Philip Caldwel firm. The move was evidently Aime ing the Way for William Clay i Henry As chairman when these or retires in 1982. Benson Ford joined the fan iwo. Dropping out of Princeton after two years. Ford s wife the former edit it ton of Grosse Pointe mich., i husband on the boat when be attack the company spokesman Flynt operate for scar Tissot Columbus. Ohio up Magazine owner Larry Fly i surgery thursday at Ohio sat Hospital for removal of scar his spinal nerves which were the was shot March 6 in Laurra Flynt was taken into Surga neurosurgeons said the opa considered hazardous but they said it could be weeks determine whether the operates soul. Flynt was shot twice in Thea Street in Lawrenceville