European Stars And Stripes (Newspaper) - May 12, 1986, Darmstadt, Hesse                                Monday May 12, 19b6 the stars and stripes Page 27 bears Bess Wack is Nelson meet of rfcs press dispatches Dallas Andy bean eight under Par As he a walking up he i8lhfairway, took mis first look of the Day at the Leader boar i was surprised to see i was leading bean said saturday. 1 thought that Bobby Wadkins was at Iii  one time Wlkins was. Wadkins twice la playoff loser but not cd a Winner in 12 seasons on to Ltd pea tour twice hied out from off the old a one stroke round of the minutes in sports wire Green and at one time Lead in saturday s Thi $600,000 Byron Nelson but Wadkins Playan front of bean ended finish and handed the and he made the most Opi with the Lead again a Viand bean rapped in a 25-foot Birdie put Len the to Thole and stretched his Lead to to strokes. A one shot Leader after Ivra to feds bean added a 3-under-Par 67 and a wished 54 holc sat 201, nine under  players Wadkins Al George Burns who matched the  record of 63, Craig Fedler Mark Wiebe and Payne Stewart Whereat 203 going into the final round Olathe Chase for a ii08,000 first prize. Lauer leads classic Suffolk a. Bonnie Laue Sank a 12-foot putt for Par on the 18th Hole to take sole Possession of the Lead after two rounds of the 54-Hole, $250.000 United Virginia Bank Golf classic saturday. Launcr shot a i Over Par 73 for total Over the 6,151-Yard sleepy hoj Golf course. One stroke Back at 143 were Allis Finney and Lynn Connelly Charles paces senior san Antonio Bob charts tied he course record with a 7-Undefpar 65 saturday to take a two stroke u5d after he second round of the Benson a Hedges  second place at to tin Jet Par 134 was Bruce Crampton. Neyer top dive fort Lauderdale fla.1950olympic diving team member Megan never piled up s27.2liminls on sat urday to win the Wann s springboard final at the 17lh a Ual Mcdonald International diving invitational Al the swimming Hall of 9ne Pool.  fort work to cab Tew Christian univ Sily lost 35 football scholarships and the Reghl to compel for he conf ice championship this year As pan of sanctions imposed by Inencia Fri dip because seven players bad Accelie Cash and other improper benefits fro boosters. Univer Siff officials reacted bitterly saying Nej filmed frogs deserved a big Ger Brea because the school had Dis closed to infractions and had dropped the Platre from the team Sci will lose 20 scholarships in 1987-b and 15 in 1988-89 and wll note of wed to compete for the 1986 sout Wesl conference title or play in abort game after the 1986 season ends. Best Bowler vegas Nev. Mark Fahy a firing professional Wilh Only one previous Licary won he s43.soq Loppnow Money saturday in the american Bowling con a Phol Oandy bean surprises himself i Bud Light masters tournament Fahy Defeated Del Ballard or. By a 2-183 score in the final game to Cape the tournament. Ballard of Richardson Texas picked 125,600 for second place. Finishing lord and earning $20,600 was fete Turlure of Windsor locks Conn i trip wins Bud 200 person a. Darrell Wai trip Franklin tenn., look the Lead on the la Lap saturday night and pulled away win the Budweiser 200 in the Lascar Butch grand National series at Curgia International Speedway. Walldov who started on the Pale Ledfor 179 Mohe race s 200 laps including the final a n the one half mile  mooing a pit Slop for fuel on Lap 120. Wall i passed Dale Jarrell for the Lead and Wonky eight seconds. Trims Lewis Lif Harvey glance Pion Carl Lewis rather leter dash and Larry aided Long jump of the so Modesto a Jameel. A two time in the 100 far the was clocked Inin the world slowed As unwind slightly glance modes beat olympic cd handily in the  28 feet saturday invitational in Acciai the 29-year-Oldolympian, beat be first time since 19810,07 seconds the this year bul it was official Mark because of Over the Legal  a Calm moment in the Breezy Day Carol Lewis set a Mil record by winning the women s Long Limp in 21 7w. She went one Quarter Inch Over i Hereford set by Martha Wal Sorric 197s. Evert wins at Hou Houston top seed even Lloyd dropped a first set i or to Laura Gildemeister did t lose another game for a 6-1 6-0 Victory saturday night in the s4nals of the 1150,000 Virginia Liri Houston Tennis  the other Seimi tonal secon Kathy Rinaldi Down 2-4 in the Iset rallied with iwo consecutive scr i Breaks to end Pam. Casals s upset bid route to a 6-4,6-4 Victory. Reagan debt policy ing Only f report says Washington a Reagan administration policy on the third world s nearly is trillion debt has helped big Bank but damaged Small ones Farmers workers and the debtor nations themselves a con Gressional study contended Friday. It was Clear from the outset thai the third world debt problem posed a serious potentially even catastrophic threat to the stability of the International financial system said the report by the staff of the joint economic committee. It said catastrophe has been avoided but it suggested the Relief is temporary. Current administration policies offer latin american debtor nations Little Hope that their debt service Burden willbe eased anytime icon it said. Consequently the pressure on latin american leaders to default or declare a debt moratorium could increase substantially. This in turn could Force Banks to write Down their latin american loan by an amount thai would impair their  committee s chairman. Rep. David r. Obey d-wis., added in a statement the study clearly shows hat since 1982. The administration has pursue policies that in effect rewarded the big american Banks whose unwise lending policies helped precipitate the crisis while penalizing american Farmers another american  Calls seeking comment from Treasury department officials on the report were not returned  report said the debt crisis reduced latin american purchases of . Far products to one third below the level of 1981. It figured the reduction was nearly five times As damaging to . Farmers As the reduction in sales to the soviet Union begun when president Carter or dered a partial embargo after the soviets went into Afghanistan. In order to pay interest on their debts debtor governments had to increase their exports so that they competed More Fier cely with . Producers Tor a share of world markets the study said. The com petition helped push Down prices including prices paid to . Farmers. The report cited estimates that More Nan a million jobs have been lost in the United states because of reduced .exports to debtor countries and increased imports from  report snid the crisis led to the failure of Many . Farm Banks while bunks lending to the debtors increased the interest Rales they charged to borrow ing countries. It saw Little new in the proposal by Treasury Secretary James a Baker Iii last october for $2� billion in additional lending to is countries 10 of them in latin America. It said the difference Nowise that talk is of growth rather than of austerity and responsibility has shifted from the International monetary fund to the world Bank. Bilker has urged that the world Bank setup longer term adjustment policies for debt or countries which also would include Cutsin government spending. His proposal is de signed to increase he growth of the econ omy in debtor countries so there will be More to distribute to everyone. It is doubtful that he amount called for by the Baker plan will be sufficient absent other conditions relating to. Debt service either to reduce current pressures on debtor nations to expand exports or permit them to boost their growth investment and imports the report said. The report suggested two alternative policies to ask the commercial Banks to Tutor eliminate the difference Between the interest rate they charge to borrowing countries and the rate they pay on Money they borrow themselves to limit interest payments by Bor rowing countries to a fixed percentage of what they earn by Selling their goods. The report suggested a limit of 25 per cent along with instructions to Banks to reduce the amount of their Loans by percent for each year that the limit re Mains in  study said these approaches would limit the amounts that debtors have Topay without making Llic Banks unprofitable. . Companies May Buh a Tica Tion Plant in Athens 5wf a the unite states and Greece greed Friday to begin studying plans lol Tild a �200 million american run Coal Guj Catlon plan in Greece the government the announcement follow two Days of Alks Between Harold a  . Undersecretary of Commerce for development and greek officials. Thl were aimed at securing american Mentlo help revive Greece Flat omy. Expanded and positive jul visions were held on ways to Attara to Merican invest ment in Greece. A Ledran Merican interest was expressed for a Ziajor investment concerning a Coal Goff cation Plant National Economy  Yannos Papavlo Nio Toldi Papana Liou said the United Stales had whelp finance a is million feasibility Sjoby for the construction of the  Plant. Be said iwo american companies Gen eral electric and consolidation Coal have shown interest a plutto get which would Osl Between Sjef trillion and $250 million the Plant flip produce electricity thai would Fofi Jolo to the greek Public Power Corn r a. Ayto is Roumeliotis another National Onomy ministry undersecretary said four major american companies also have submitted plans to the government for in vestment projects in Wood processing tool k production and biotechnology. Greece badly needs foreign investment to modernize its Economy and reduce unemployment especially Amon the cd Fig. Premier Andreas Papandreou a  actively is seeking american  and Creek us relations have Imp cd markedly in the last 10 months. Greece a plaque Tiki $15 billion foreign debt a s3,3 billion Curnol account deficit. Stagnant growth and Hilwie Lalion. Las october Greece devalued the Achma by 15 percent and imposed jump Oral strict Lansana a virtual wage freeze