European Stars And Stripes (Newspaper) - September 25, 1986, Darmstadt, Hesse                                Iris ice stripes a d army plans to consolidate $1 by lion mob fund Page 2 d astros Pitcher Dessales sets a strikeout record Page 17 d today s Dollar still buys 2.03 Marks rates Page 23 the stars an stripes authorized unofficial publication for the . Irmo faucet vol. 45, no. 160 thursday september 25, 19b6 51. ,, d 8693 a Reagan notes weak Buck hits gis says currency Rafes will stabilize eventually by Clint Swift Washington Bun Tii Washington president Reagan says a weak Dollar Cream problems for american m Hilary Mem Bers serving overseas but . Policy must keep he nation s Industry competitive and is workers working. A related Story Page 24. Currency Rale changes will stabilize and even out Over Lime Reagan said. But he did not say when serv in members in Germany or Japan might feel Relief from rents Utility Hills and other expenses forced up Ward by the powerful Mark and yen. The Dollar plunged below two German Marks last week for the first Lime since Early 1981 and also fell Volcker believes no further drop in Dollar needed Washington a Federal Reserve chair Man Paul Volcker wednesday said he thinks the Dollar has declined sufficiently and other policy changes Are now needed to take care foam circa s Trade problems. Volcker s Siat Cmunt thai no further drop is needed puts the head of the Central Bank in apparent Dis agreement with the Reagan administration. Last week Treasury Secretary James Baker threatened an Effort to push the value of the Dollar lower unless America s trading partners do More to stimulate their own economies. But Volcker testifying before a House ways an Means Trade subcommittee said he believes that the Sharp drop in the Dollar Over the last 18 months has pushed the Dollar Tow enough and that further declines could threaten to renew inflation in this country. I Don t wan l an Overly depressed Dollar either Volcker said. At this Point. I am not sure any further adjustment in the Dollar is necessary. I would put the emphasis on other  Volcker said the United states must begin to de press Domestic demand through possible changes in fiscal policy such As reducing the huge budget deficit while pushing for higher sales of american goods Over seas. What we Are going to have to do is consume less sae Volcker on Page 24 against the yen As part of what Treasury Secretary James Baker has called an orderly decline. The Dol Lar s 30 percent drop since last september has had predictable consequences for the 480,000 . Troops.55,000 defense department civilians and 380,000 family members in Europe. East Asia and the Pacific. But Reagan responding to written questions sub milled by the stars and stripes said such developments must be viewed in a larger contest. We recognize that changes in the Dollar Exchange rate May at times create difficulties for americans living  Reagan said. Our policy is to assure that Exchange rates fully reflect economic fundamentals at Home and abroad. We need to assure the competitiveness of . Firms in order to maintain the economic strength of the United Stales and to Maiman High Levels of pm  Reagan said the Dollar s decline follows a period in which the Dollar had appreciated against most foreign currencies especially the yen providing substantial benefits to . I Lizins abroad. He said the Dollar has risen against the South korean won and philippine peso during the past year. At this year s Summit in Tokyo i agreed with my counterparts to pursue greater coordination of our countries policies he said. As this coordination lakes hold and is recognized by the markets the yen Dollar Exchange Rale should stabilize and belter reflect underlying economic  Cologne presents Cologne of Piliu new York majored Koch right to delighted i the gift from Cologne s mayor norber Burner at City Hall in new York. The gift of course is an extra Lurse Billle of Cologne Cologne. Sex official says officers in Beirut ignored Washington a . Military commanders ignored warnings which could have spared the lives of Many killed in the 1983 attack on Marine Headquarters in Beirut the Pentagon s former lop Coomer Terrons official has charged. Instead of paying attention to the warnings of a five member special forces team which recommended ways to make the marines safer the report Wasp under the Rug wrote Noel Koch. Bijj commanders were More  infighting said Koch  this year As principal Deputy Assiz Rupf friary of defense for International Secilia pairs. In that position he Over saw the  efforts. I Are contained in a letter to several members of Congress in support of proposals to unify the Pentagon s special forces within a Sina Structure. The letter was made the associated press. Robert Sims Job win Sladen truck into Marine Headquarters near the Beirut Airport killing 241 . Military personnel. Six months earlier on april 18, 1983, a similar Sui cide car bomb attack destroyed the . Embassy in Beirut killing 63 persons including 17 americans. After the embassy attack Koch wrote he headed a Pentagon team sent to Beirut 10 review the safety of marines who. Were at the Airport As part of a Mulli the Bee Beirut on Page 24 world s biggest not Orcade show stripes Magazine