European Stars And Stripes (Newspaper) - September 4, 1978, Darmstadt, Hesse Monday september 4, 1978 the stars and stripes Page 27 biggest postwar collection . Rail pension fund invests heavily in Art London up the biggest Art col Lection built up in Britain since the War is owned by the porters and engineers of Brit Ain s state owned railways a London newspaper said the last year alone the sunday times said in a copyright feature the British rail pension fund has spent 7 Mil lion pounds $13.5 million on Art More than six times the amount the government gave for purchases by the British museum and the National gallery of Art com British rail pension fund is the Only pension fund known to be investing in chess foes tie 18th game in 64 moves Baguio City Philippines Cap the adjourned 18th game Between defending world chess Champion Anatoly Karpov an challenger Viktor Korchnoy ended in a draw 27-year-old soviet Champion who was playing White offered the draw after his 64th move and after seven hours and 40 minutes of play. The game had been adjourned after five hours of play saturday night with Karpov sealing his 41st held a slight Edge when the game was adjourned because of his More Active pieces and a sounder Pawn Struc the end Karpov held a one Pawn Edge in a Rook and Pawn end game but Korch Nihad a Pawn on the verge of promotion balancing the draw kept Korchnoy s Hopes alive in the $550,000 18 games the score stands at 4-1 with the Blond soviet Champion holding a commanding Lead. Japan take Steps to hike economic growth rate Tokyo up the government has announced a package of economic Mea sures including $13.2 billion Public works spending aimed at pushing economic growth to an annual rate of 7 package also included a $4 billion emergency import plan probably to Pur Chase passenger planes and enriched uranium and Oil and a $138 million official development Aid. This Way the newspaper said and the Mere whiff of what it has been doing has raised the hackles of some Trade unionists and Many details of the pension fund s in vestment in Art of All sorts its collection includes at least one Renoir and one Picas so have been known for several years. In june it paid a world record Price of$1.2 million for the base of a 12thcentury candlestick described As English but whose origin has since been questioned. It owns furniture masks porcelain and statues even a Wood rattle from the Haida indians of the american Northwest. But the sunday times Magazine revealed the full extent of the treasure horde for the first time. It interviewed italian born Annamaria Edelstein manager of the fund s collection who buys most of its article answered the criticism of a conservative party Parlia ment who wrote to the London times this summer saying it seems to me indefensible and highly offensive that we should be buying works of Art for the future pensioners of British rail which we May never see which could have been bought by the British museum for us All to in fact the sunday times said 40 per cent of the fund s objects Are on Public View in Loans to museums and the prob Lem of How to display More of their posses Sions is a concern to the of the objects the fund in the last analysis financed by Public Money has bought would almost certainly have left the country otherwise the newspaper order to protect the fund said fund official Christopher Lewin we were look ing for real assets. We wanted to diversify and the Art Market seemed very suitable for this Russia reportedly tells . That it will expel Crawford after his trial Swanson tribute former actress Gloria Swanson 80,Star of the silent screen lands at Croissy Charles de Gaulle Airport near Paris on her Way to Deauville to attend the fourth american film festival. Highlight of the festival will be a retrospect of her films. A photo by Henry Bradsher Washington is soviet authorities have reportedly passed the word . Officials that they will expel american businessman Francis j. Crawford from the soviet Union after his trial instead of making him serve a prison is scheduled to go on trial in Moscow tuesday on charges of violating soviet currency Laws by dealing on the Black Market. The charge which he has steadfastly denied carries a possible maximum penalty of eight years in a labor officials who have been Fol lowing the Case say the Only evidence against Crawford is circumstantial. But they have Little doubt that he will be convicted. There is no precedent for the soviet Union s failing to convict in such a Cas once it decides to go through with the trial of a , a 37-year-old Moscow representative of International Harvester was pulled from his car on a Moscow Street june 12 and put in prison for 15 Days. His arrest was interpreted Here As retaliation for the arrest of two russians on spy charges and their imprisonment in new Jersey last and the russians were re trial a week after Crawford has been speculation that soviet authorities intended to try to Trade the re lease of Crawford for the two russians Valdik Enger and Rudolf Chern Rayev. But the Carter administration made it Clear that it was not willing to give up accused spies for what it considered to be an inno cent businessman thus establishing precedent that would enable the soviets to snatch another businessman any time they wanted to recover a word that has now been passed to . Officials that Crawford will be expelled seemed to indicate that the soviets have Given up any thought of swapping american businessman who has been negotiating with the soviets for More than half a Century or. Armand Hammer gave the first Public clue that the soviets would turn Crawford , who started off making deals with Vladimir i. Lenin recently met wit the current Leader of the soviet Union Leonid i. Brezhnev. Hammer later said head brought up the Crawford Case which cast a pall Over the . Business Community in Moscow and As a result he expected Crawford to be to the soviet government leased from prison under an agreement news Agency Tass Crawford systematic ,.1
