European Stars And Stripes (Newspaper) - August 21, 1985, Darmstadt, Hesse                                Page 10 the stars and stripes August 1985 columns comments Tom Wicker Perus Garcia has reasonable plan to repay a feb with the most imaginative idea yet offered by the Leader of a debt Ridden latin american Perus new president has pointed a possible Way out of the regions dangerous debt one that avoids both extremes default or years of extreme economic austerity threatening political in doing Alan Garcia May have Given Banks an Opportunity they have failed to create for to put latin americas More than billion in foreign debt on a sounder lon term basis less but More Likely to be repaid without bankrupting the debtors or killing their frail Democrat Garcia said Peru would continue to repay its billion external debt but would limit payment in the next year to 10 percent of its Export More he Peru would make its repayment arrange ments directly with its creditors and without the participation of the International monetary the pattern of the in dealing with latin debt ors like Brazil and has been to demand strict austerity measures in return for making or guaranteeing new Loans to help these countries finance principal and interest latin american specialists fear that sustained eco nomic austerity in Argentina and Mexico could threaten political stability in those important nations and undermine relations throughout the Hemi one or All of them might be led to with disastrous effect on the banking the debt restructurings for which austerity programs have been the actually result in Banks lending debtor nations More Money at High interest to make principal and mostly interest payments on what they already the consequence is that these Loans remain current on the Banks books and their profits arc not affected but the debtor while saved from end up owing More than they did before the austerity measures High internal in Terest reduced government increased taxes and wage restraints together with huge out flows of capital to foreign hold Back economic expansion in the debtor nations hence their ability to repay what they owe without further costly restructure on this the Prospect is for Perma nent debtor status and economic stagnation in major latin or for political upheaval in or for or perhaps All Garcias plan to limit external debt payments to 10 percent of external earnings would give Peru the ability James Kilpatrick to pay from its own though Over a longer period of by curtailing the shipment of capital Peru might also be Able to expand its Economy and actually enhancing its ability to pay its Perus foreign debt is a relatively Small part of the latin total but if Garcia prevails on and other Banks to accept his these larger debtor nations would almost surely follow his with appropriate government guarantees for loan principals and regulatory Relief for the Short term losses they the Banks could reduce the interest rate they charge the debtor and stretch out shorthand midterm Loans to 25 or 30 a reduction from 13 to 6 percent interest on billion would save these nations More than billion a year to be invested in their own economic not Only would the political stability of the debtors probably be made More but the United states would be rewarded politically throughout the hemisphere to the ultimate Good of the Banks and the Overall in proposing repayment tied to Export earn said the debt question was not an East West Issue but a matter Between developing and developed he thus gave the Back of his hand to Fidel Castro of who has been preaching default to the debtor even castros mischievous advice will be heard by Many receptive listeners in latin America and All the More so if Alan Garcia having forcefully advanced a reasonable latin approach to the debt should now be rebuffed by demands for full pay ment at full interest on schedule in the futile pattern of the be made to borrow More at the same High interest and handcuff Perus Economy to meet these c new York times news service breaking of animal Laboratory was Long overdue Early in the morning of May members of the animal liberation front broke into the head injury clinical research Center at the University of they stole More than 60 hours of videotapes of animal experiments and launched a Campaign to halt further Federal Grants to the last month they could claim a Well won the Story of the Laboratory breaking created a Small flurry last clinic officials and University spokesmen stoutly defended the James director of the National institutes of was quoted in science Magazine in june the he is considered one of the Best laboratories in the last week he appeared to have suspended that the animal lovers who stole the videotapes edited the 60 hours Down to a 30minute under the auspices of Peta people for the ethical treatment of the 30minute film was selectively i watched it a few Days and though i am no anti 1 found it half a dozen Mem Bers of Congress viewed they wrote to Margaret Secretary of health and human de manding that the experiments be the govern ment at Long last began to pay the Story goes Back about 13 to the time that medical doctors at the University of Pennsylvania got their first Federal Grant for head injury one series of experiments involved enclosing a test animals head in a hard plastic positioning the head in a machine that delivers a Piston blow of up to 100 and then Chipping off the helmet with Hammer and the brain damaged primate is then subjected to various some of them involving recent and finally the animal is killed and its brain tissues and fluids if the research were done carefully and he perhaps a Case could be made for whiplash injuries Are serious brain concussion is no trivial Peta spokesmen charged that the research was not being ethically they for one that the aesthetic used in the Vernalyn phencyclidine or was inadequate to prevent the Ani Mals from suffering serious they charged that lab assistants were violating rules having to do with sterile pro the Hammer blows to remove the protective Hel they affected whatever findings that might be disclosed by later the stolen film shows animals with various Levels of brain it depicts researchers As having a really fun one lab assistant flops a dazed Baboon around a he Waves the rag doll arms and jokes about the Trainer who taught him How to do these Over in a Corner is Baboon who gazes at the camera in As you can b10 is alive b 10 wishes his counterpart b10 is watching and hoping for a Good the mockery provokes a big other researchers try to make an animal shake this is he youre going to res Cue me from Arent you it was High time for someone to Rescue these Baboons from the hands of their under pressure from Peta and the shocked Congress who originally had a month named a committe to the com Mittee has filed its preliminary there had been material failure to comply with Public health policy for the care and use of Laboratory the com Mittee was especially critical of aesthetic there had been inadequate supervision and training of lab Secretary heckler did not wait upon a final she telephoned Wyngaarden to say she was suspending the Federal Grants at if the outraged House Mem Bers have anything to say about it and they do funding will be halted for Fine with after 13 years and whats to be gained by bashing in the brains of More Baboons according to published papers have been mostly of mild academic though the researchers anal Ysis of brain fluids May have proved useful in treating some human head the whole unhappy business smacks of Grantsmanship at its most get the never mind the poor hecklers suspension order provides a belated Victory for the cause of humane but better late than As the Baboons gaze through pain filled eyes at these Jolly lab animal lovers May yet find the satisfaction in a rhetorical question who got the last laugh now c Universal press Syndicate cartoons on and by cons Wod Tow stars and or Tow United state