European Stars And Stripes (Newspaper) - February 21, 1986, Darmstadt, Hesse                                Page 4 the stars and stripes Friday february 21, 1986 Greenwich Conn. A taking nannies a Pav child care a Cue from the a pair system popular i France and other countries a foundation Hopes to bring 1,000 Young european across the Atlantic to baby sit study and participate in a cultural Exchange program that will sleep them in american life. The a pair in America program run bythe Greenwich based american Institute for foreign study scholarship foundation officially started wednesday after securing Federal approval this month. Officials with the Institute reported receiving about 50 phone Calls from parents seeking nannies on wednesday alone. It s an Opportunity for Young people who Are not Able to come Here maybe because they can t afford to be tourists to learn about american life from an american family. We All know people who have such workers Here illegally said Laurie Douglass the Institute s director of special projects. We re not in the child care  Gertz an Institute spokesman Saio wednesday of the Pilot  whenever will be. We Hope to fill the real need for child care but this obviously will not fill the child care problem in this country. . Information Agency spokesman Joe Council said the program is the first to bring people into the United states on a visas to perform child care. The Institute program receives no Federal  must be age 18 to 25, speak fluent English be from Britain or Western Europe have some prior child care experience and a secondary school  Exchange they will be Given a private room and will be treated As a member of the family. They will watch children for their Host family and take adult education courses during their one year stint. They will not be required to do More than nine hours of child care per Day 516 Days a week Gertz said. He said the Host family will pay s149each week for the a pair $100 will be Given to the student and $49 will be used to maintain the program. The Usia will evaluate the program after six months. The program plans to bring 1,000 Youn people to the United states in the next two years starting this june. They will live inner York Tri state area and Atlanta bos ton Philadelphia san Francisco and Washington. House panel supports Contador peace plan Washington a the House foreign affairs committee on thursday voted unanimously to reaffirm support for efforts by latin american countries to negotiate a peaceful settlement to the conflicting Central America. Rep. Mel Levine d-calif., said he washable to enlist Republican support for the measure even though he expected the would reject the Appeal of the so called Coti Tadora nations for an end to outside military involvement in Central America arid Back president Reagan s Call for Moreid to Nicaragua i Contra rebels. We must find some Way to negotiate workable verifiable and enforceable peace agreement for Central America said rep. Robert j. Lagomarsino r-calif., a ranking Republican co sponsoring the Resolution. This is a bipartisan Effort. To provide assistance to the rejuvenated Concadora process of Colombia Mexico Panama Venezuela Argentina Brazil Peru and Uruguay said  s obvious that or. Lagomarsino and i will have our own Strong disagreement with regard to the broader question of Aid to the contras he said. This will be a Issue that sponsors of the Resolution will find themselves on both sides  said he regretted the failure of the recent meetings Between the Contador for eign ministers and the administration. That was unfortunate but i do believe. That there is room for disagreement on that Issue within the framework of this Issue he  week the eight foreign ministers from the Contador countries met wit Secretary of state George Shultz to ask for . Compliance with their renewed Appe Alfor an end to All foreign interference in Central America. They were pressing for support of their Call issued a month earlier for the removal of All foreign military advisers from the Region a suspension of foreign military a Nevers there a halt to foreign support for guerrilla armies and respect for self determination and territorial sovereignty of each country. A photo Prince in Texas Prince Charles wears Bard hat us safety glasses As he ours the Shell refinery b Deer Park Texas about 30 Miles Southeast of Houston. Nation s economic growth slumped sharply in final 3 months of 1985 Washington a the .Economy slumped to a growth of just 1.2 percent during the final three months of1985 As a soaring Trade deficit continued to Batter . Industry the government re ported thursday. For the second time the Commerce department revised sharply downward its Esti mate of economic growth As measured bythe Gross National product for the october december Quarter. The revision did not change the growth figure for the year a 2.3 percent increase which was the weakest performance for . Economy since a 2,5 percent drop in the recession year of 1982. The Sharp downward revision in fourth Quarter growth had been expected Given the fact that the United states Trade deficit soared in the final Quarter. However analyst said it did not change their belief that the Economy has rebounded sharply in recent weeks. Many private forecasters have revise their predictions for growth this year with some saying the Economy is Likely to reach the 4 percent growth rate projected by the Reagan  new found optimism stems from the fact that Oil prices have fallen sharply Over the past month dropping from $25 per bar Rel Down to $ 15 per  Oil prices mean the Oil Bill for is. Consumers will be less freeing them to spend More on other goods. It also Means the rate of inflation will be lower which also help boost growth in inflation adjusted terms. Figures in the Commerce department report were adjusted for inflation. Two months ago before the Quarter had ended the government estimated fourth Quarter growth at an annual rate of 3.2percent. That figure was revised Down to 2.4 percent last month and thursday it was reduced further to the weak 1.2 percent rate. The primary reason for the revision waste deteriorating Trade picture. The govern ment estimated the Trade deficit was run Ning at an annual rate of $134 billion in the fourth Quarter $6.4 billion higher than the deficit figure used a month ago. Computer told too Many tales Boca Raton Fla. A tattle tale computer programmed to Telephone the Homes of students who skip school got its plug pulled after running amok and squealing on Boc Araton High school students who had t missed  decided it would Call everybody principal Art Johnson said. Idon t know  the computer started sending it prerecorded message on tuesday evening and school administrator soon got their own Calls from about a half dozen confused , we say it is human error. But in this situation. It was the machine that fouled up Johnson said. Court Lowers Texaco s $12 billion Bond new York a Texaco inc.  Post a $12 billion Bond required under Texas court rules before it can Appeal the Pennzoil co s record setting damage Law suit against it a Federal appeals court Rule thursday. A three judge panel of the 2nd . Cir Cuit court of appeals upheld an injunction issued by Federal District judge Charles  or. Of White Plains n.y., who said last december that the Bond requirement effectively denies Texaco its right to Appeal. Brieant required Texaco to Post Only $1billion, a requirement the company was Able to satisfy by pledging Stock m its Ca Nadian subsidiary. Separately a Texas judge refused on thursday to Grant Texaco a new trial. Neither company had any immediate comment on the new York  s lawyers argued that Brieant had no authority to intervene in the proce dures of the Texas courts which require parties that lose a judgment to Post Bondor the full amount before filing an Appeal or risk Pennzoil s seizing Texaco s  lawyers also denied that Pennzoil was interested in subjecting Texaco to ruinous Bond requirement. But Texaco attorney Paul Curran told the appeals court on feb. 12 that Pennzoil wants to keep the Texas Bond requirement in Force in order to blackmail 1 Texaco and company officials have said that having to Post such a Bond could Well Force Texaco into seeking Protection under bankruptcy proceedings. The ruling in favor of Texaco was expected in Many quarters to give that company the upper hand in any negotiations toward an out of court settlement of the Case. A Houston jury ruled last year that Tex Aco illegally interfered in january 1984 in an agreement by Pennzoil to acquire 42percent of Getty Oil co. Texaco topped Pennzoil bid and acquired All of Getty itself at a Price of $10.1 billion. The jury in Texas which is Pennzoil shome state awarded Pennzoil $10.53 Bil lion in damages from Texaco which i based in suburban White Plains. It was by far the urges damage award Ever granted in a us. Court. With interest included the award already tons $11 billion and interests mounting at $3 million a Day. Texaco claimed Pennzoil never had binding contract with Getty. Shortly after the jury s verdict the two companies began negotiating to Settle the Case out of court. A settlement would have benefits for both sides As it would free Tex ment to Pennzoil while eliminating Ito Pennzoil that the jury s verdict Wilt be overturned on Appeal. But Pennzoil reportedly has refused to negotiate while Texaco was challenging the Bond requirement in the Federal courts. Texaco has said that it could be forced to accept unfavourable terms if forced to negotiate while facing the requirement of a $12billion Bond. On the other hand analysts have noted that once freed of the Bond requirement Texaco would be under Little time pressure and could Benefit by slowing Down the proceedings