European Stars And Stripes (Newspaper) - September 16, 1986, Darmstadt, Hesse Page 6 the stars and stripes tuesday september 16,1986 Europe s Bankers won t let Mississippi forget default stateside Jackson. Miss. A european Bankers never forget say slate officials who have found that even debts 14s years old can cause modern financial stale s 1841 repudiation of $7 million in Bonds came up after the 1986 legislature authorized borrow ing on the International first banker said what arc you All going to do about the default every one of inc i talked to asked about it. La is a big thing there said treasurer Bill Cole who estimates that the Bonds will interest would Cost $30 million. It is a serious matter to them. That debt is ancient history to us but to them 145 years is not old at All. It is yesterday to them Cole could be done about the debts without a constitutional amendment and i Don t think the peo ple would consider it right said gov Bill Allain whose slate is the nation s poorest. The London based Council of foreign bondholders in its 1931 report quoted poet William Wordsworth As in 1843 lamenting the heavy loss that had been inflicted upon Many families including my own by inc Mississippi repudiation. I cannot. But Hope that the time is not Distant when our Brethren of the West Wilt i pc off this stain from their name and Monaco in 1933 applied to the . Supreme court for permission to sue Mississippi but the court said such a Sui would be contrary to the intent of the Constitution. Mississippi has the lowest per capita income of any stale. Dwindling revenues in the last year Force across the Board cuts in slate spending. The foreign Bankers must keep waiting said Allain. It s one of those things we can t afford 10 do anything about now he said. Right now we just Don t Nave that kind of , Cole said if we gel some Money in the Treasury it would be Good Public relations to make an Effort to Settle the probably could be done at so Many cents on the Dollar. It might help us recruit Industry he said. The debts Date to the 1830s, before the establish ment of a National currency or banking system. States invested in Banks hat acted As depositories and issued notes that served As the panic of837, Mississippi decided to Cope with the depression that followed by creating the Union Bank in 1838 with an investment offs million. Gov Alexander g. Mcnutt approved the Sale of the Bonds to Philadelphia banker Nicholas Riddle who eventually resold most of Ihm to european buyers. Mcnutt turned against the Bonds and urged the 1841 legislature to repudiate hem. Lawmakers adopted a Resolution to require payment but Mcnutt vetoed candidate Tilghman m. Tucker won the governor s race Hal year and the new legislature approved a Resolution preventing Bond the civil War 1861-65the postwar stale govern Mem inserted into the state Constitution of 1869 a ban against payment of the Bonds and that prohibition is carried Forward in the present Constitution enacted in 1890. Blacks oily against alleged racism in Washington Post Magazine Washington up angered at the portrayal of Blacks in the Washington Post Magazine More than1,000 protesters tossed its inaugural editions on the Steps of the newspaper s Headquarters sunday chanting take it Back and demanding the Magazine s cancellation. We have come Here to Challenge today Walter Faun Troy a City official told the crowd during a 90-Mmuw protest. And to Send a message around the nation and upstairs Here he said pointing to the offices of the news paper. We re fired up we won l Lake it the rally organized by leaders of a group calling itself the Washington Post recall committee featured several Black religious business and Community Lead ers who levelled charges of racism against the mag Azine and its portrayal of Young Black men. The leaders speaking through megaphones from the Magazine Liu Rcd Steps of the Post s main Entrance which wis closed with a Metal Gate urged Blacks to support Lack owned businesses in the City. The leaders did not Call for a Boycott of the nation s capital s largest newspaper despite cries of Boycott by protesters. The heralded multimillion Dollar makeover of the Post s old sunday Magazine debuted sept. 7. Its Cove Story focused on a Young Black new York rap Musi Cian charged with slaying a Washington drug dealer. Cathy Hughes owner of Wol am radio and head of the recall committee told the crowd the Washington Post Magazine is ill conceived ill created an fundamentally flawed la cannot be repaired or Hughes added it must be resumed each and every week the Washington Post continues to publish it. You must not open its Hughes late sunday said 4,823 copies of the mag Azine Nad been returned to Post Headquarters. In a column in the sell. 7 edition writer Richard Cohen sided with City jewelry store owners who refuse to allow Young Black men to enter their shops for fear of being robbed. Richard Cohen in his column justified racism Hughes said. We will not accept this Lake it Yetta Caliper head of the information Center for handicapped individuals said in an emotional speech we Are sick of this racist the crowd consisting of almost All Blacks chanted take it Back we Don t want it and swelled onto 15lh Street in front of the newspaper s office As police closed part of the Road to traffic. Police gave no official crowd count but Hughes said assistant police chief Isaac Fulwood told her 1,200 to 1,500 people had participated in the rally. Washington Post executive editor Benjamin c. Bradlee in a Post article saturday denied a negative portrayal of Blacks in the Magazine. This newspapers proud of its Long track record on civil liberties and the Magazine will reflect thai Pride he wrote. Bemie a Mzyck the legislative representative of the Al Cio s american federation of government employees who was the Only while speaker at the rally called the Magazine an embarrassment for while teen trapped by Boulder for 18 hours May lose legs Pilot Knob to. Up a teen Ager whose legs were crushed by a 20-Lon Boulder that trapped Hun for almost 18 hours Ina Cave Zahedi Devil j icebox May lose both the iry Rcd limbs Dodor say. Gerald Dwayne easter 17, of Pilot Knob was taken to Arcadia Valley Hospital Ihnn was transferred by helicopter to St. Mary s Hospital in St. Louis where he was listed in serious condition Mon when he was brought to the Hospital. Sunday afternoon he was suffering from crushing injuries to his legs below the it nees said a nurse departments urged to help officers conquer stress Washington up for cops life is � constant stress test and a Justice department study said sunday police departments must de vote More time and Energy to help officers cop with the Rigours of their jobs. The study by the National Institute of Justice did not compare the Siress level of police work with other jobs but said the very nature of Law enforcement particularly for the officer on the beat is inherently departments around the nation while recognizing in the last decade Hal police need some help to Cope with heir jobs still must pay More attention and devote More resources to setting up anti stress programs and broadening existing efforts. Rangers Hunting for Bear that mauled 2 hikers Glacier National Park Mont. A a helicopter and armed Park rangers were searching for a Gri irly Bear that mauled two hikers in Glacier National Park authorities said. If rangers find a grizzly showing aggressive behaviour it would be killed relocated or la de with a radio transmitting Collar Ranger Rene Morey said sunday the victims were in stable condition and improving after undergoing additional surgery Over the weekend said Camille Scott a nursing supervisor at Kalispell regional Hospital. Jeff Brown 25, of Lake Placid n.y., and Pat Ricia adult 23, of Kingston n.y., were hiking thursday when they came upon the Bear which charged and mauled them. Protests keep aids child out of kindergarten class Marion Ohio up protests by parents concerned about their children s safety May end a Mother s efforts to enrol her aids Sancken son in a kindergarten mulls 6. A Haemophilia a contracted acquired immune deficiency syndrome from a blood transfusion last year. He was old enough to attend kindergarten in 1985, bul he spent much of the year in the Hospital. Layton was listed in fair condition with fever sunday night at children s Hospital in Columbus his Mother Karen had planned to Send him to school As soon As he got a clearance from his doctor but a juror raised by other parents has caused her to reconsider. European nations top list of Best places to live Philadelphia up Denmark ranks As the Best place in the world to live the african nation of Angola is the worst Homeland on Earth and the United Stales finishes 27th among the world s 124 nations a Survey has found. In Hamlet William Shakespeare wrote that something is Rotten in the state of Denmark but he was far off the Mark according to University of Penn Sylvania professor Richard Esles study. The United states relatively poor ranking of Only 27th among the 124 countries was primarily because of a High level of military spending and the nation s Lack of a concerted Effort to remedy racial est said were in not for inequalities in the Rales for infant mortality and unemployment Between minorities and whiles in the United states the United states would have ranked much higher on the list he said. The recently released study measured nations ability to provide for their Citi Zens Analysed social and political conditions and considered economic development � More traditional measure of Quality of lift All of the top 10 nations were euro Pean. Esles said european nations progressed socially because they were under the United states nuclear the 10 Best were Denmark. Italy West Germany Austria Sweden France Norway Ireland the nether lands and Belgium. Nine of the worst 10 nations to live in Are Africa he said. The losers were an Gola Ethiopia Chad Guinea. Afghani Stan Somalia Mali Mozambique Malawi and Mauritania. Relative to the United Stales the Northern europeans spend very very Little on defense Esles said. Through our military agreements with european and asian nations the United states really subsidizes their social despite worldwide economic recession Denmark was Able to maintain its social services Esles said. They be consistently put More than half of the Tot Federal budget into Era dle to grave social programs he mid. They re obviously committed to having the Best possible services available for their entire Estes based his rankings on information collected from 1980 to 1983. He used 1970 to 1980 As a comparison period. He Analysed 36 categories of statistics compiled by a variety of International bodies such As the United nations an world Bank. Points were awarded in favourable categories such As the percentage of a nation s Gross National product spent on education and subtracted in Oiler categories such As the infant mortality Nile
