European Stars And Stripes (Newspaper) - August 29, 1986, Darmstadt, Hesse Friday August 29, 1986 the stars and stripes Page 5 Reagan Cas Beirut deaths glaring error Washington a president Reagan asked in an interview to reveal his worst management mis take said one glaring one was the 1983 bombing of the . Marine Barracks in Beirut where 241americans were killed. Reagan at first said he could not think of a partic ular incident but then raised the subject of the marines in Lebanon. Reagan did not say he regarded it a mistake to Send americans to Beirut but suggested it was an error to have so Many servicemen in the same building. He made the comment in an aug. 8 interview with Fortune Magazine in the Oval office. A transcript released wednesday showed Reagan at first replying to the question by saying "1 jus can t bring one to mind then he continued not that mistakes Haven t been made or situations have changed and thing turned out wrong. One glaring one would be the terrible tragedy four marines in he said a decision had been made to Send Ameri can troops to Lebanon with other allies to work be Hind the lines to maintain order while the military and the government of Lebanon went Forward to reclaim their now the terrible part of the tragedy is it was succeeding and that s Why the tragedy. They did turn on the americans and the French and the others there suddenly because they just did t want us there. It was the fact that they recognized that what we were seeking was going to be accomplished Reagan said. Their goal was through terrorism and so Forth to get us to withdraw. Well finally accommodating terrorism was the result. Maybe because the com manding officers did t feel that we were in a com Bat situation. So the moving for personal Comfort of All As Many of the men As they could into one building made possible that terrible in the interview Reagan also was asked the Best Way to handle a crisis. Well i think it s making the decision he replied. It s the uncertainty that i think leads to panic and . Lends Mexico $545 million los Angeles of part of International bailout fees a Nefor subway by Ibe los Angeles tin Washington the tines. Reagan administration has announced it will extend $545 million in Short term credit to Mexico to help that country Cope with its crippling debt obligations for the next few months. The . Contribution announced jointly by the department of the Treasury and the Federal Reserve Board is Tobe repaid within six months from the $3.6 billion Long term loan agreement worked out last month Between Mexico and the world Bank and International monetary fund. The . Loan would be the largest single contribution to an Overall $1.6 billion Short torn line of credit to be extended bythe lading Industrial nations four latin american Central Banks and a consortium of International commercial Banks to which Mexico is already deeply in debt under the arrangement announce wednesday Mexico would be Able to draw on $850 million immediately to Shore up International reserves that Nav been shattered by this year s collapse in the Price of Oil Mexico s main source of Revenue. The remainder of the $1.6 billion Bridge loan would be available Ata later unspecified time. Treasury department sources said that any part of the . Contribution to the credit package that Mexico draws on would have to be repaid within six months at interest rates they described As however it is under stood that the interest would be tied to rates on six month Treasury Bills now latin american debt the Tiu in Moons of Dofort for 1885 Brazil Sci Mexico $85.8 Argentina about 5.35 percent. The Mexico world Bank if debt bailout package announced july 22, included a statement in which the United states committed itself to participate in any Short term credit support arrange ment that could be worked out among Mexico s International creditors. Specifically the United states was to work with the Basel Switzerland based Bank of International settlements to help coordinate the added participation of other countries and commercial Bank that hold a Large portion of Mexico s massive $95.8 billion foreign debt. Under the $1.6 billion credit package announced wednesday $1.1 billion would come from governments and Cen trial Banks and the remaining $500 Mil lion from commercial Banks. Of the $1.1 billion $555 million i credit extended by countries other than the United states is divided mostly among Belgium Canada France West Germany Japan Italy the Netherlands Sweden Switzerland and Spain. Also contributing Are the Central Banks of Argentina Brazil Colombia and Uruguay. The $545 million . Contribution would require no budget obligation. About half of it is to come from a special Treasury department fund set up for use in foreign Exchange transactions know Nas the foreign Exchange stabilization fund. The other half would be provided by the fed through Swap arrangements under which Mexico would put up peso for the dollars it borrows and then pay Back in dollars. Teachers strikes Idle 19,000 youths in the stars los Angeles up a financing contract for the first subway system in one of America s most Auto addicted Cit ies was signed wednesday Clearing the Way for construction this fall of the first leg of the $3.5 billion project. I never gave up. I never lost Faith mayor Tom Bradley said As local and Federal authorities ended years of battling to sign a pact providing Money for the first 4.4 Miles of metro rail. After More than a decade of struggling to get metro rail started construction on the first segment is scheduled to Start sept. 29. An estimated 300,000 people Are expected to abandon their cans for metro rail each Day once the entire 18-mile subway linking downtown to suburban san Fernando Valley is finished. A completion Date for the entire project has not been set. Construction of the first segment should be completed by1993, officials said. One official said it will probably take until the year 2,000 before metro rail will help clean up the smog choked re Gion and Start Clearing out its nearly Grid locked freeways and streets. Metro rail s builders the Southern California rapid transit District an the Reagan administration spent years warring Over the Cost of the subway. Theattle did not end until several weeks ago when the local government agreed to pay More of the Cost. Sands of time by the associated press More than 5,000 Pennsylvania Stu dents missed their first Day of class wednesday As teachers struck two school districts. Strikes in Illinois and Michigan kept nearly 14,000 youths out of school. The Pennsylvania strikes which hit the Keystone District in Clarion county and the Spring Grove District in Yor county involved 402 teachers and 5,358 students according to George Badner a spokesman for the state Educa Tion association. No talks were scheduled in either strike which were the first Ever in the districts school officials said. Salaries and benefits were at Issue in Spring Grove. Job Security and the Structure of the pay scale were the main Points of dispute in Clarion county. The largest strike idled 8.200 students in Champaign 111., for a third Day. No Progress was reported in talks with 570 striking teachers seeking higher pay. In Okawville in Southern Illinois a strike by 38 teachers seeking higher pay began wednesday. It idled 700 students. No talks were scheduled at the Berke Ley school District in suburban Chicago where a two Day strike by 111 teachers seeking higher pay cancelled classes for some 1,850 students. In Michigan Harbor Beach s 55 teach ers picketed for the second consecutive Day wednesday As talks snagged Over class size and teacher preparation for 1,050 students were to begin tuesday. 40 years ago today aug. 29, 1946 during the Paris peace conference the United state sided with the soviet Union in opposing an australian proposal that would create a reparations commission to investigate the ability of former enemy states to pay War damage claims. 30 years ago today. Aug. 29, 1956 London press re ports said egyptian president Gamal Abdel Nasser agreed to negotiations on the future of the Suez canal. Till All i r the Leturc 0 he Suez s Block Swearer helps save a Lite 20years ago today. T if of info it new York a san Diego mayor Maureen o Connor s Black sweater helped save a Man threatening to jump to his death when a police office put the garment on and posed As a priest officials said wednesday. In town to attend a mayors Confer ence on drugs o Connor had just finished a tour of police activity in manhat Tan Early tuesday with detective Brian Mulhearn when a Call came Over the police radio about a Man dangling from the cables of the Brooklyn Bridge. The mayor wanted to observe first hand How police operated in such a Case so Mulhearn drove her to the Bridge he said wednesday. The Guy was dangling from the cables of the Brooklyn Bridge. He was in the Middle Over the water said Mulhearn. When the Man on the Bridge asked for a priest police feared they would be unable to get one to him in time. As a last resort they decided a police officer should pose As a Clergyman Mulhearn said. They began searching for a priest like Lack garb and o Connor offered to let them use her sweater. Police officer Gary lajoe put on the Black sweater with a piece of White paper wrapped around his neck to resemble a Clergyman s then persuaded David Sanchez 29, to give up his threat of jumping and to climb Down. Aug. 29, 1966 the House armed services committee voted to give presi Dent Johnson the authority to Call up about 190,000 army reservists and National guardsmen for the War in Vietnam. 10 years ago today aug. 29, 1976 the United nation s come repeated demands that North Korea guarantee the safely of command personnel in the truce Village of Panmunjom in Korea
