European Stars And Stripes (Newspaper) - July 22, 1985, Darmstadt, Hesse                                Inside stripes d scouts ready for 5 d steel workers strike after talks 7 n Sandy Lyle wins British open 21 the stripes authorized unofficial publication for the armed forces 95 july 1985 Daviv and sund0y d 8693 a Liras value Cut 8 in Wake of Friday collapse Rome the devaluation of the italian lira by 8 percent and its plunge against the Dollar on Black Friday set off a Hunt sunday among italian financial and political circles to determine who was responsible for the the wild weekend action began when the Dollar Rose from to Ike in a matter of hours on prompting the Treasury ministry to order the Milan and Rome exchanges closed for the rest of the it culminated in the decision late saturday by the monetary committee of the common Market to devalue the lira by 6 percent within the european monetary system at the same monetary committee meeting in in creased the value of other european Curren cies by 2 it was the eighth realignment of euro Pean currencies since the Ems was formed six years also on in an emergency ses the government hammered out a series of austerity measures designed to make up for a billion budget Gap and strengthen the country fragile prime minister Bettino Praxi ordered Treasury minister Giovanni Goria to bring together All the elements necessary to re construct the facts and ascertain the responsibility for fridays last italian Media had reported that the government was going to seek realignment of the the leap in the value of the Dollar against the lira on Friday was blamed on the Purchase by the state Energy of million to pay off a loan due this Goria said on Friday that eni was seeking to buy regardless of Goria said eni did not have any partic ular need to acquire the loan they had to repay want due until july and the operation was already planned for Mario the governor of Banca Italy Central said he had strongly discouraged eni from buying the politicians from All parties demanded explanations from the Treasury the Central Bank and defense minister Giovanni Secretary of the Small Republican called for an investigation into the behind the scene complexities which culminated in the depreciation of our Money and the consequent loss of prestige among inter National economic Goria said that the devaluation would restore the country balance of payments to better health while continuing to keep inflation presently around 9 percent yearly under his statement also said the measures would help reduce unemployment in which is now above 10 in a news conference on Goria urged store owners to refrain from raising prices following the among the loudest opponents to the governments financial plan was Italy largest private employer it said the greater Burden of social Security benefits on As stipulated by the would increase labor costs and Infra the plan includes the stepping up of the collection of social Security contributions from private and Public immediate Cpl legion of real estate taxes and other austerity measures that will be announced going Home a photo president Reagan wears a Navy Cap As he leaves Bethesda naval Hospital with the first the president returned to the White House eight Days after entering the Hospital in suburban Mary where he underwent surgery for the removal of a cancerous growth from his Large Story on Page Italy president vows to discover if negligence caused disaster Italy a Italy president vowed on sunday that Justice will be in determining if negligence caused a dam to erasing an Alpine Hamlet with a furious River of mud and killing at least 200 see Page president Francesco Corsiga flew by helicopter to in 20 seconds on was transformed from a Charm ing tourist spot in the Dolomite mountains to an expanse of tons of Sticky mud that flattened three hotels and a score of houses and Villas and swept away people As they ate officials at the scene sunday evening said that 195 bodies had been but they said the final death toll would certainly pass 200 because Many of the 51 people missing were feared the last survivor was pulled out of the mud on saturday an environmental group warned in no vember that it was dangerous for a mining company to use two artificial lakes held Back by the earthen the Trento state prosecutor on saturday questioned one of the owners of the which used the water to dispose of waste Materi he also sent out dozens of judicial notices to Public officials in the area and people connected with the company in forming them they were under i Vestiga no charges were italian newspapers on sunday reported that local residents said that a leak had showed up in the dam in and that officials were trying to determine whether repair work had weakened the Justice must be i am convinced that the courts and the government will succeed in carrying it Corsiga said at the emergency Rescue Center in about five Miles from Corsiga Knelt Down to touch the Small White coffin of a one of dozens of coffins Laid out in a choking on the odor of a chemical used to retard the deterioration of the he put on a Gauze face mask like those worn by relatives struggling to identify the remains of their loved a gruesome task made even Krueler because the brute Force of the mud had dismembered Many Corsiga was among several Hundred mourners who packed the Eliseo Profeta Church in a devout spoke with some of the Many of whom were crying and wiping their and visited some of the hospitalized Arctic glow now a Nono for motorists Yukon a the bad old Days of the wild West and its saloons Are Long the rip roaring Gold Rush is just and now even the wild woolly Yukon territory has banned drinking while Royal assent was Given last week to legislation ending the territory dubious distinction of being the Only Region in Canada which allowed motorists to consume alcohol while drive even passengers cant fortify themselves while touring the Wilder Ness up around the Artie Circle under the which was supported by All 16 members of the legislative