European Stars And Stripes (Newspaper) - January 29, 1987, Darmstadt, Hesse Inside stripes fire and Lea stripes Magazine d appreciation Day for teachers Page 3 o Randy Harriett s car Corner Page 13 d 7 nil stars named Ohof Page 17 author Iii d unofficial pm Licarion pc Thi , aft Mfd Faucit vol. 45, no. 284 thursday january 29. 1987 , 08693 a Dollar Falls sharply nearing All time Low Frankfurt up the . Dol Lar plunged sharply in Frankfurt trading wednesday approaching the historic Lowit set against the German Mark seven year ago. The Dollar s Middle Rote was officially fixed in midday trading at 1.7754 Marks with he German Bundesbank which had bought Dollar heavily tuesday and monday to support the Exchange rate slaying on the sidelines. Sain of German Marks to us. Personnel for personal use will be at the rat of 1.76 thursday baud on Price fixing at midday jul allowance tar Standar handling charges. See other conversion rates on Page 23. Wednesday s fixing Down 4 pfennig from tuesday s setting of 1.8195 Marks was the lowest the Dollar has weighed i against the surging Mark since August 1980. Dealers said the . Currency appeared to be heading for an All Lime Low which will come if it crashes through 1,7062 Marks the postwar record Lowpoint it hit on Jan. 3,1980. But even at 1.70 Marks there won necessarily be some automatic Brake one trader said the German Central Bank has probably decided against intervening to prop up the sinking Dollar until it gels a Clear signal from the . Government see Dollar on Page 24 is in 8 european countries get cola hike by Brenda Hosier staff writer Cost of living allowances cola were increased effective Jan 16, to help service members stationed in eight euro Pean countries Cope with the falling Dol Lar. Soldiers and sailors will receive the increase in their Friday paychecks Mili tary finance officials said. Air Force personnel will receive the increase in their mid february pay checks Safe officials said. The increase was approved for serv inc members in Germany Denmark Daly the Netherlands Spain Finland Ireland and Switzerland said Sec Michael Donohue of the Usa eur re source management staff Germany in Germany an e-4 with four years of service and two dependents living in a full support area will receive $63.90, up from s4s $96 instead of $ 79,80 in a partial support area and $175.80 in Stead of $144 in a no support area. An o-3 with six years of service an two dependents living in a full support area in Germany will receive a payment of $95.10 instead of $71.40 $142,80 in Stead of $119.10 in a partial support area and $261.90 instead of $214.so in a no support area. Italy in Italy the cola increase Means Ane-6 with More than 10 years of service and three dependents living in a full sup port area such As Naples will get $114 instead of $95. The same service Melber if station Din Rome which is a no support area will receive a cola payment of $228, up from 190. And an e-6 at a partial support Are such As the . Navy support office at la Maddalena Italy will get a col payment of $ 152. Up from $131, Spain in Spain in e-7 with 18 Yean of serv ice and two dependents living in full support area will receive $84 instead of see cola on Page 24 British officials seek clues to wife mystery Beirut Lebanon a British Diplomat ventured into moslem West Beirut seeking clues to whether hostage negotiator Terry Wane had become the latest Kidnap helped evacuate a . Citi zen wednesday from West Beirut to the City s Christian Sec Tor. About to Ameri cans remain in the Kidnap plague moslem sector most of them women mar France Baa Askedall French journalists to leave the country and , officials in Terry Wall Washington said the Reagan administration was poised top Force the departure of any americans remaining in Leb anon without authorization nothing was heard wednesday from Waite who was last seen eight Days ago when he left his hotel in West Beirut for secret talks with islamic jihad a shiite moslem group that holds two amen report monday night by Kuwait s official news Agency Kuna said kid nasal kidnappers bargaining see Wato on Page 24 Reagan admits mistakes were made in Iran affair Washington not president Reagan try ing to rebound from the lowest Point of his presidency tuesday night told Congress and a National radio an television audience he had one major regret the failure of the attempt to win the Freedom of american hostages and establish contacts with Iran. Although he did t mention the attempt involve Selling Amis to Iran Reagan admitted in his sixth state of the Union message serious mistakes were acknowledged that we did not achieve what we wished and promised to assume full responsibility forthe affair which has dominated the capital for weeks and provoked a Sharp drop in his Public approval rat Ings. We Wilt gel to the Bottom of this and i will take whatever action is called Reagan said. But Reagan s Brief mention of the Iran affair Felt far Short of suggestions made by Many republicans that he take a dramatic step and apologize for the whole incident. Even before the speech was delivered some while House aides were expressing concern that it would not lion and enable him to reassert his influence Over the nation s Agenda the president also sought to divert attention fro the Iran incident by praising the economic record of his administration and advancing a legislative Agenda that included these elements proposals designed to improve America s eco nomic competitiveness including new science and technology centers increased financing for Basic re search and efforts to raise literacy Rales. A new program of insurance to protect people against catastrophic illness. However disputes within continued on Page 24 Vicc president George 8mb left Tat Home speaker Jim Wright applaud president Treagu i i dim
