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Publication: European Stars and Stripes Sunday, August 3, 1986

You are currently viewing page 28 of: European Stars and Stripes Sunday, August 3, 1986

   European Stars And Stripes (Newspaper) - August 3, 1986, Darmstadt, Hesse                                Page 28 the stars and strikes sunday augusts 1986 4 open nations reject quota plan Geneva Switzerland up1 four of the 13 open members rejected a plan to eliminate the organization s excess production and raise Oil prices by imposing Siril production limits the plan s algerian sponsor said saturday. Algerian delegation officials named the holdouts As the United Arab emirates Iraq Kuwait and saudi Arabia. The ministers Cje Cimon on the sixth Day of the latest crisis conference of the organization of Petroleum exporting countries left the members As far apart As Ever on How to curb production and reverse the crash in Oil prices. Open members together have lost half of their reve nue this year with prices falling from $28 to about $10 Commonwealth Summit London up1 Commonwealth leaders arrived saturday in London on the eve of a seven nation Summit that could split the 49-na Tion Alliance of former British colonies Over the Issue of sanctions against South Africa. Everyone agrees thai a great Deal is at slake Here said a British government official As prime minister Margaret Thatcher began a series of pc Summit talks with Canadian prime minister Brian Mulroney and zambian presi Dent Kenneth Kaunda. Kaunda is Al loggerheads Wilh Thatcher Over her steadfast refusal to impose sanctions the method seen by South Africa s Black leaders and its african neighbors As the last peaceful weapon the outside world can use to influence the coun try s White rulers. He has threatened to pull Zambia out of the Commonwealth if Thatcher does not change her mind. Beirut blast injures 5 Beirut Lebanon up dynamite exploded in front of a Battery in a Christian East Beirut neighbourhood saturday wounding five people in the War Lorn capital s fourth bombing in one week. Security sources said a Man in his 20s was seen planting dynamite under a car parked in from of the bakery in the Seaside residential area offal Al Dib. The sources said a resident saw the assailant and began shouting warning people inside the bakery 10 run. The dynamite exploded wounding a Baker and four customers and set ablaze six cars while damaging the bakery and shattering nearby win Dow panes. Witnesses said the culprit led in a car. A barrel. Sheik Ahmed Zaki Yamani of dominant saudi Ara Bia asked if he though there could be agreement merely replied we Are  Algeria supported by other open Hawks Libya and Iran wants Lota production stashed by up to 4 million or 5 million barrels a Day 10 eliminate the world Oil glut and raise prices. But saudi Arabia and its persian Gulf allies want Only voluntary restraints on the grounds in is impossible to achieve agreement on strict and enforceable individual quotas. A committee of five ministers late Friday adjourned its discussion of a plan to impose country by country production quotas that would reduce the Cartel s daily production to 16 million instead of the current 20.3 million open spokesman James Audi said. He said the talks were inconclusive. In the absence of an Accord on quotas the Mislen would be forced to fall Back on the saudi plan for voluntary restraints. But the members which were dolled by open president i Lanu Lukman of niger and indonesian Oil minister Subroto. Have been will ing to voluntarily Cut specs total production by 1.925 million barrels. Subroto continued trying 10 boost thai figure above 2 million. Even if the members did not cheat As they Nave in the Pasi Market sources said sch Modesi voluntary restraints were unlikely to buoy prices for Long in the saturated Market. Tax from Page 1 couples at $40,000. When people exceeded those $35.000 and j 50,000 income , they would lose not Only the Ira Deduc Tion but also would not be allowed to make lax deferred contributions. For them Alt Ira tax Breaks would be dropped which is a position even tougher than the Senate Bill. Aides said Money in exist ing iras would be allowed to continue learn tax deferred interest. In the latest offer the House also agreed with the Senate thai some other important Middle class lax Breaks should be dropped. When fully effective the new plan would provide an average 7.6 percent lax Cut which is less than the original House Bill but greater than the Senate s legis lation. Almost All provisions of the Bill would Lake Eft eco Jan. I. However to make sure the plan would not lose Money in its first year in would have five tax Bracken with a top of 40 percent in 1987. However even though they accepted the Senate higher Standard deduction figure the House team rejected the Senate s plan to give All taxpayers a $2,000 personal exemption. Instead the House plan would give a $2,000 exemption to non Ilc mixers. But a single person or a couple that itemized deductions would receive Only a $1,650 personal exemption. Children would gel a full $2,000 exemption. Although the offer included a deduction for sales taxes which had been mostly dropped by the Senate the House agreed to drop the deduction non itemized take for charitable contributions. The original House Bill would have allowed them to deduct contributions that totalled More than $ 100 per  new House offer also agreed Wilh the Senate position 10 phase out the deduction for consumer in Terest on things such As credit card purchases and car Loans. Actors unions of tentative poet los anoles a actors unions reached agreement saturday Wilh film and television producers on a tentative three year contract in a 14-hour bar gaining session that narrowly averted an entertainment Industry strike. In was really gelling Down to the wire said Dick Moore National spokesman for the american federation of television and radio artists. The screen actors Guild and aft a reached agreement with the Alliance of motion picture and television producers Al 2 a.m., said producers spokeswoman Carol Akiyama. Akiyama and Moore said details of the pact will not be disclosed pending a ratification Vole. National boards of each Union were to meet saturday in los Angeles where they were expected to endorse the agreement Moore said. The Telephone of Sag president partly Duke was answered saturday by a recording device. Moore said it will Lake several weeks for mail ballots to be returned by members of the two unions. The 1980 Sao aft a walkout lasted 10 weeks. It Cost the Industry an estimated $40 million and delayed the Start of the prime Lime television season for two months. Negotiations which began May 27, broke off july 2 while Hie unions sought and obtained a strike authorization from members. Bargaining resumed last monday. Sag and aft a members have been working without a contract since their contracts expired june 30. Wages and residuals were the major issues. Actors making a minimum $361 a Day sought a wage increase of 22 percent Over three years producers offered 9 percent. Cohn from Page 1 about Cohn s illness saying she could Only provide information on the official death certificate because of privacy considerations. It has Long been rumoured that c Ohn a lifelong Bachelor suffered from aids. He was indicted three limes during his career but he was never convicted of any crimes. His profession cast him out in june 1986. Calm had held off disbarment in 1985 by pleading thai he was terminally ill but Early in 1986 he was making Public appearances and saying that his liver cancer was ii remission. A month after an appellate division panel of judges disbarred him Cohn was readmitted to the Nih where new can cer therapies Are tested. Cohn maintained that he was Dis barred because the establishment bar hates my  he called his accusers a Bunch Foyo Yos out to smear him. The judges who disbarred Cohn said he was guilty of dishonesty fraud deceit and misrepresentation. Cohn was a registered Democrat and maintained cordial relations with the City s top democratic politicians while Ai the same Lime enjoying Access to the re publican while House for having worked 10 get president Reagan elected people he called friends ranged from j. Edgar Hoover to Cardinal Terence Cooke William f. Buckley and Barbara wallers. Cohn paid himself a s1 q0,00f a year salary Modesi for a lawyer Al his level but he lived like a millionaire by drawing on an expense account thai in effect picked up the lab for his cars Homes and entertaining. He said anything he owned would Only be grabbed by the  which had income tax liens against Cohn totalling $3.187,381 dating Back More than 25 years by internal Revenue service count. The roster of Cohn s clients included Carmine Galante the Short lived mafia Boss of Bosses and Anthony fal Tony Salerno alleged godfather of the Geno vese mob Peler Widener of the Phila Delphia Widener fashion designer Halston and Andy Warhol the Pale Emi Nence of pop culture. He remained a darting of the anti communist right All his lire remembered As the arrogant but Brilliant 27 year old inquisitor of Mccarthy s Senate investigations subcommittee. Liberals assailed him and Mccarthy a Wisconsin Republican for destroying the reputations and careers of people who were tarred As communists or communist sympathizers through innuendo or guilt by association. When Cohn finally was slapped Down in was for deception and playing fast and Loose with other people s Money. One of the accusations upheld by the judges was thai in 1976 Conn went into the Hospital room of a dying Friend whiskey magnate Lewis Rosenstiel an tricked him into signing Over control of his multimillion Dollar estate. The same year Cohn was ordered to replace $219,000 in a sacked escrow fund he was supposed to have administered to Benefit Stock fraud victims. Cohn also was found to have Bor rowed $100,000 from a client in 1966 that he did not repay until 1964, after disbarment hearings began. While waiting to turn 21 so he could be admitted to the bar Cohn worked As a clerk in the . Attorney s office where he helped to prepare and later prosecute the Case against atom bomb spies Julius and Ethel Rosenberg. He quit the Justice department in 1953 to join Mccarthy and soon had booked up with g. David Schine a 26 year old heir 10 a hotel Fortune who worked for the subcommittee As an unpaid consultant. Their Friendship eventually led to Mccarthy s downfall. Schine and Cohn went 10 Europe in the Spring on a cily a Day in Day Hunt for subversion on the shelves of . In formation Agency libraries in Europe drawing ridicule from the foreign press bul demoralizing Agency staffers. Schine was drafted thai Winter. When Cohn tried and failed to gel special privileges for Schine he allegedly threat ened to wreck the  will an investigation. Cohn s badgering the  put Mccarthy on a collision course will the Eisenhower administration. The upshot was an Independent investigation the  Mccarthy hearings of 1954. No one but  counsel Joseph n. Welch emerged looking Good from the monthlong Senate extravaganza. Mccar thy came across on television As a fulminating demagogue and never recovered. Conn quit Washington and embarked on his lucrative private practice in july 1954. Along the Way he also plunged into a succession of business deals among them taking Over and later losing Lionel corp., the toy train maker founded by Bis great Uncle Joshua Lionel Cowen  
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