European Stars And Stripes (Newspaper) - September 24, 1985, Darmstadt, Hesse Page 28 the stars and stripes tuesday september 24, 1985 70th inf vets pay quiet homage to their fallen by de sea vis stiff writer St. Avold France . Veterans of the 70th inf div slipped into the . Military cemetery Here monday morning four hours ahead of their original schedule to pay to licit respects to their fallen. The reason for the change probably was a planned demonstration by jews against any participation of for Mer is members in a Wreath laying ceremony. I cannot confirm that said Gene s. Dellinger the superintendent of the Lorraine american cemetery and memorial. I can Only confirm that the . Vets arrived Here with their families about 50 persons All told at 11 . And left at 11 30." the Lorraine cemetery is the largest american world War ii cemetery in Europe. There Are 10,489 american soldiers and airmen buried Here in View of part of the former Maginot line. The . Vets first planned to visit the cemetery with Veter afis of the German 6th is div North. Criticism from jewish groups and the possibility of demonstrations apparently caused the groups to modify their plans. At 2 30 ., about 500 French jews including the grand rabbis of Strasbourg and Metz arrived at the cemetery to hold a yom kippur ceremony. Jacques Hanau the head of the jewish Community in St. Avoid spoke in tribute to the fallen american. He reminded the audience that they died for Freedom an added we Hope Notin the jews he said will do All within their Power to prevent the horrors of nazism happening again. The sacrifice of the americans shall remain forever etched in our hearts Hanau said. After the service several participants said they were sorry they did not meet with the . Vets. All said they came to the ceremony mainly because they heard is veterans were going to be there. A 50-Man contingent of germans from the Van Union of nazi persecution victims attended the serv ice. Theodore Meiser of the Van said they also came to demonstrate against the is. Etienne Lavault the regional chief of police Laid he had some apprehension when he first heard of the demonstrations. But this has really turned into a rallying Point for the jews he said. I find it All very the . Veterans Are still scheduled to attend Wreath laying ceremonies in bad Windheim and Pfaff Eneck near Koblenz before they return to the . Lines from Page 1 curb speculation lasts for three consecutive Days following a Dollar decline of five or More pfennig. Martha Hill spokeswoman for american express military banking in Europe reported brisk business at Branch Banks. She said that customers who made it tothe lobbies of banking facilities by 3 Were being accommodated. After that it will be up to individual Branch Banks As to How Long they remain open Hill said. When the Dollar plunged in april som banking facilities remained open until eve Ning hours to accommodate patrons in Long lines. Business was slow monday morning at the american express Branch at Nellinger Barracks outside Stuttgart but a Long line of customers had piled up by Milf afternoon according to Branch manager Nagaiwa Micajah. We have people outside the door said Rajah but he said Bank officials would squeeze the line inside the Bank at the close of business. We will serve the last client to Long As we have Rajah said the crowd was similar to the one that developed last february when the trading value of the Dollar experienced an other drastic fall. At nearby Patch Barracks 65 people stood in line at 1 30 ., a half hour before the Exchange rate was announced on the radio. An hour later the line bad grown by about 20 percent and the Fate of the Dollar dominated much of the Street conversation on the Post. It s not As bad Ai it Wai in february said Cambrai Fritsch Cavern american express Bank manager Bill Garringer in Darmstadt. Then we had people lined pall the Way out the a Teller said that the lines were not As Long As those of a Normal end of month payday partly because of the $2,000 limit. At the american express military Bank in Munich which is closed during the lunch hour an estimated 100 customers began forming a line for its reopening that did not dwindle until closing time. Even with the$2,000 limit by 3 Bank officials were announcing to customers that the Bank washout of Marks. The announcement with about 50 customers still lined up caused grumbles but few people left their places. Ill buy what Ever they have left said one woman. Intervention by the . Government toehold the Dollar s value Down has its pros and cons Laid spec. 4 Judy Aquino stand ing in line at the Darmstadt Bank. When the Dollar is lower in value stateside Busi Nesses can sell More exports but the people in Europe have less buying Power. It de pends on which Side of the Ocean you re on. There Are a lot of people in the states. I guess a few must suffer for the Good of in Britain american express military Bank manager Jonathon Sutton reported at Raf Mildenhall that business was appreciably busier than usual with a significant number of people cashing in Large amounts of dollars for pounds. He speculated that people were probably speeding up trans actions that they had planned on making later in the week. On monday american express was Selling pounds for $1.38, As opposed to a British Bank in neighbouring Mildenhall which was Selling pounds for si.4460. American express set the rate for tuesday s transactions at $1.45 to the Pound. A British banker in Mildenhall reported that his Bank had had a Busy Day although nothing he would Call dramatic with americans pulling Money out of their Dollar accounts. American customers who took their dollars from commercial accounts to Mili tary Banks could take advantage of the 6 cent spread in the Dollar to Pound rate. American express could offer the better rate because it was based on the Price the Bank paid for pounds Friday the last pre Vious banking Day with v of one percent added to come up with monday s rate. Those who took advantage of the rate in monday had been alerted by Media speculation monday morning that a rapid drop inthe value of the Dollar appeared Likely. Despite the reaction of banking patrons financial experts Don t know if the plan adopted by the five nations during the weekend will be enough to Rke the steam out of the Dollar. For the most part they have adopted a let s wait and ice attitude. We have to wait a few Days if no weeks to see How the decisions in new York will Impact on Exchange rates said an Exchange expert at the Bundesbank Germany s Central Bank. I think the reaction monday s drop of the Dollar was typical of a political Deci Sion. What happens now will depend on what is behind the announcement that Strong action will be taken. If it in t enough then the Dollar May recover. What we see now u an anticipation of hard consequences. If they do not materialize the Dollar could Bounce Back. And if the Dollar does recover the what happened today could be a quite mod Erate reaction in the longer Sim writers Den a cum Joseph Owen chert Bowden a Emmett Lewis or. And j. King Cruger contributed to ills report. Reagan from Page 1 to put into place any necessary legislation that would help us promote free and fair Trade and secure jobs for american such legislation Reagan said could in clude Bills that would strengthen existing Trade Laws Speed up action in unfair Trad ing cases and offer More Protection against dumping of foreign products i at artificially Low prices. Such measures the president said Are purely protectionist in he said enactment of these Bills would raise costs to Consumers invite retaliation by trading partners rekindle inflation an Strain International relations. Our commitment to free Trade is undiminished the president said we do not want a Trade War with other the president s speech praised efforts of the United states and four other major Western industrialized nations announced sunday to stabilize the value of the Dollar against foreign currencies. This will provide better markets for us. Products and improve the competitive position of our Industry agriculture an labor Reagan said. Finance officers of the five nations announced jointly in new York that they would Lake Steps to drive the value of the Dollar Down while seeking to increase the relative value of foreign currencies in rela Tion to the Dollar. Dollar from Page 1 credit suisse in Zurich Switzerland s third largest Bank. It has calmed Down from the first hours of this morning. But we expect More British Chancellor of the exchequer Nigel Lawson declined to speculate about How much the Dollar could fall but one London dealer said it could lose More than 10 percent of its value against the British Pound. Stocks of multinational companies who do business in the United states plunged on european Stock markets because of fears their Dollar earnings will be valued substantially less. The United states Japan Germany Britain and France agreed in principle Sun Day at a special meeting of finance ministers to take Steps to bring the Dollar value lower. The Steps which could include govern ment intervention in currency markets were decided upon As an alternative to Trade barriers. In London the Dollar closed at 1.425s to the Pound against Friday s close of 1.3745. In Frankfurt the Dollar ended the Day at 2.7248 German Marks against the previous 2.8862 close. At its lowest Point the Ger Man Mark Dollar rate was Down 16 pfennig from Friday. Dealers said this was the big Gest sudden drop in several years. Precious metals Rose sharply in the aftermath of the finance ministers meeting. In Zurich Gold climbed steeply to $326.50 compared with Friday s close of $316.00. In London Gold ended the Day at $327.50 an ounce against Friday s $319 50close. Silver Rose in Zurich to $6.15 an ounce against Friday s $5.95 Price and in London it closed at $6.1650 an ounce against the previous $6.015 close. Temperatures september a l h54 75 a Nas a 63 Tea 74 62 77 39 51 60 �7 42 5 60 ism n 46 71a to 60 n m 7 a u 49 n 70 9140 a 54 70 21 41 49 59 62 72 71 19 70 90si n 70 17 60 77 61 90a n Albany Albuquerqu Anchorage Atlanta Atli Nellc Bill Linoi Birmingham Bol Boston Buffal Burlington Charleston Charleston Cincinnat Cleveland Denair. Worth de Verdes Molnes Fairbank Faroo Hartford Honolulu Houston Indianapolis Jacksonville Kansas City Las vegas Lima Rock l h61 15 60 17 67 17 76 it 51 60 60 n 71 m 61 7566 n a u 52 64 70 9160 n 61 ii 66 97 52 64 h 74a n a a 75 69 17 72 91 54 64 62 12 55 14 45 64 54 7�51 n 61 795� 0 lot Miami but Camph is. Paul Nunavut anew Orleans new Yor Norfolk Oklahoma Cut Omaha Orlando Philadelphia Pittsburgh Noeln Portland Maine Portland re Gareno St. Louts St Petersburg Salt Lake City son Diego in Francisco Seattle Syracuse Tucson Washington Lemla european weather for Ecail for tue Dav mostly co try to dowry Tel with Light rain and too in Northern Germany. read win a Lily to of arty Douds Ullh Early Mon Loo becoming i film Haie by mid Mornone. High temper at Urti Wilt Range from the mkt
