European Stars And Stripes (Newspaper) - February 19, 1987, Darmstadt, Hesse                                Thursday february 19, 1987 the stars and stripes Page 9 Reagan challenges . Business urges renewed Pride in made in America Label Washington Ai resident Reagan. Zimny in derail import rearm ing Prado legislation in Congress challenged Iii .1 nation tuesday to work harder and work belter and restore Pride in the Label a Odin made i America in n speech to 200 business leaders. Reagan summoned americans to under take a quest for excellence in Educa Tion and business to make he United slates competitive into he 21st Century. The address was he Kukoff of Rea Gan s Campaign far a package of competitiveness proposals including Ati casing of antitrust Laws changes in product liability la sulcs a $980 million Job retraining program and Oiher slops in tended to help shrink the nation s 1170 billion Trade deficit. Competing with Reagan s plan arc labor hacked measures moving through Congress that would restrict Reagan s hand in dealing with Trade disputes and provide mandatory retaliation through tariffs or quotas against nations hat have huge Trade surpluses with the United states similar legislation to restrict Init it imports was approved by Congress and vetoed by Reagan. An override attempt failed in the House last year. At a while House briefing. Labor Sec Reli iry William Brock said there is a More serious sober Atli Lude in Cun grow now. I do not believe thai Many of the democrats really  logo through thai. Very dangerous exercise of ram Ming highly protectionist legislation through and then trying 10 override a veto because that s just not he Way you do business in this  in his speech. Reagan said. History has Laughl us that we cannot become More competitive or enjoy major Job growth by restricting Imons across Lac Board. In i9jo. The in nixed states imposed major new tariffs against the advice of most economists. Three years later the unemployment rate stood at 25 percent he said. Free Trade is one of the few things almost All economists agree on Reagan said it s going to take some doing for the United slates 1o he competitive with other countries. In the cars ahead we re going to have to work harder and work belter he said his program will Challenge All americans to be All that they can be to work together to seek new opportunities to be he very Best in a Strong and grow ing International  Lanc str kind. President of the Al to called Reagan s proposal a cos Metic cover up to the current Trade Cri  the Trade proposals arc innocuous and ignore the real problem Kirkland said in bal Harbour Fla. Where the Afl-c1o labor Fedr Alion is holding its annual Winicar meeting. They fail to address the massive Trade surpluses that major countries have with he United Stales. Millions of american workers arc losing their jobs to Imons he added in a statement. Reagan s speech did not include Many details of his plan but it has been out lined in depth by Oiler administration officials. White House spokesman mar Lin Fil Walcer said the package will be sent to Congress on thursday. Martin Marietta pleads guilty to defrauding Dod Baltimore a a major defense Contr actor Martin Marietta corp., pleaded guilty tuesday to two mail fraud charges and making a false statement in a scheme that defrauded inc Pentagon out of $1.35 Mil lion in travel expense rebates. The Brih Coda md.,-based firm agreed in a Pica bar gain to reimburse the defense department $250,000 Tor investigative costs. . Attorney  a will cos said the com Pany also is negotiating a civil settlement for repay ment of the rebates to the defense department. No company officials were named but More indict ments Are possible Willcon said. In he plea bargain the firm admitted keeping trave rebates Between october 1983 and october 1984, the company charged the government for travel expenses related to Martin Marietta defense contracts and arranged through a contract with Ivi travel inc. Of Chicago Jcj Sci p rebates on the fees that the company paid to airlines rental car companies and holds. Defense department regulations require such Mon ies to be resumed to the government the statement said. The amount of a dials credited to Martin Marietta exceeded $1.8 million and Aboul 75 percent of the travel was incurred on government sponsored con iraqis Willcox Vaid. Martin Manilla performed s2.9 billion in business fur the defence department in Vii. . District judge Joseph h. Young did not Sel a sentencing Dale. Assistant . Attorney Eli Akleh 11. Trimble recommended criminal fines totalling $12,000 for he Itrice counts. Martin Marietta said u Siad agreed to pay the Fine. Martin Marietta which has annual revenues of about $4.75 billion develops manufactures and Sells aerospace defense products to various government agencies. Jaws 4 just when of thought it was Safe to be out of the Niler White shark emerges at Trie 1987 Paris spec Viliy cur show a Model Sils at the wheel of the 22-foot lung. Free wheel Motorbike. Towered by a 1300-cc Muling la prototype Nai designed by Amer ican artist Jay Ohrborg for los Angeles. Ford reports earnings surpassed pm s in 86 Detroit a i Ford motor co. Said tuesday 11 earned nearly $.1.3 billion in 1986. Surpassing Industry Leader general motors corp. And Chrysler corp. And Mak ing Ford the Only big three automaker to increase year to year profits. Ford the nation s no. 2 automaker said in earned 13.29 billion or 512.32 a share in record worldwide sales of $62,1 billion in ws6 and sup ubed Cim s earnings fur the fits time since 1924. Thai was a 31 percent hit i com. Or Ford s i ass earnings of Sis billion or $9.0? a inure on sales of 152.7 billion. Ford said it would announce the amount of \1hd Profil sharing for employees on wednesday both pm and Chrysler reported two weeks ago Hal their profits declined in 1986 com pared Vul 1s85 Levels. It s a combination of Ford doing it Well and pm having problems. Pm should he earning a lot More than in  Harvey Heinbach. An Industry analyst with Merrill l itch a co. Inf. In new York. Kim Lith said it s possible Ford could am More Blun pm again in 19s7. However he said it will be Dif Tii Ull to sustain this level of Nii ii Hilele lie also predicted him decline in . Pm. The nation s largest automaker said in earned s2.95 billion or $8.21 per share on revenues of ji02.8 billion in 1 Job Duun in percent from ij.y1 Bil lion or $12.2x per share on revenues of s96.4 billion in i9b5. Pm workers who also have a profit sharing formula in their labor contract will receive no Sbare of profits for l9sn. The company said in has Sci aside s id1 i limn for executive bonuses. Chrysler said in earned ii.4 billion or s4.j7 per share on sales of $22.59 Bil lion in 14sh, Down h.6 percent from 11.64 billion or s9.3s per share on sales of $21.26 billion in 1 ass. Hip Ible Chrysler hourly workers a i receive a hat s500 Protil sharing u Meni for 1986, negotiated into i hair Ihrl a Jear Toni race regardless of Chrys Ler s performance said Chrysler spokes Man John Tiu Niven. Ford s fourth quartet earnings in creased 9 percent Over fourth Quarter 1985, the company reported. Found Quarter earnings were $7s5 million or $2. 9 a share on sales of  billion in 1986, compared with $720 million or s2.65 a share on sales of ji4 billion in 1985. Teamwork and concentration on the basics led to today s record results and arc the by ingredients of future performance Ford chairman Donald i Cler sen ant president Harold 1 Oling said. Uliey attributed Ford s no i earnings position to Strong sales in the United states and Furuc Quality in prove minis improved product Rico Gnu tin Cost cuts of $5 billion since 1980 and record earnings by Ford subsidiaries. Ford sold 5,98 million vehicles world wide in 1986, up 6 percent from 1985