European Stars And Stripes (Newspaper) - February 27, 1987, Darmstadt, Hesse                                I reside Stripe h How Europe is reacting to the aids epidemic Page 8 d world boxing association strips Hagler of title sports Page 21 g today s Dollar still buys 1,81 Marks rates Page 27 the Sims and of ripes author died unofficial put cation for the u 1. Homed Foft Cei vol. 45. No. 313 Friday february 27, 19b7 d 8693 a Tower panel faults Reagan aides in arms to loan report a photo commission cd Firmun John Tower Lef Talon with commission number cd Miziul Muskie presents president Reagan with a copy of the panel s report a the Iran arms Deal. Washington Al president Reagan did not seem 1o be aware of the Ful consequences of the Iran arms Deal or of the unprofessional Way it was implemented by the National Security Council staff the Tower commission said thursday. Its report criticized both the president and ivs closest aides. The president s handpicked investigators challenged  Agan s Ufi stated Spla nation Cor his or icy. Suiying that the Iran initiative became almost from the outset a series of arms lot hostages  an hour after receiving the report the president announced he would malic nationally televised speech next week. The president refused to answer questions about the future of while House chief of staff Donald Regan who tame in for harsh criticism from the Tower panel. At a news conference. Tower  president made  but he added that the president was poorly advised and poorly served by Many of his aides. "1 think he wus not aware of the things that were going on and the was the operation was structured and who was involved in it. It s very Clear he did t understand All that said commission chairman John Tower former Republican senator from Texas and a staunch Reagan ally while serving in Congress. In ils formal report the panel con continued on Page 28 americans overseas Nof Factor in . Fiscal policy  Wasti Irton Bureau Washington while the Reagan administration tries to trim the . Trade deficit by letting the Dollar drop on foreign exchanges Many Ameri cans overseas wonder if anyone Nril Lulf fir int is 1akirt� heir plight into Eon Utu inter inhij"0" the Blunt answer is no. Americans living overseas Are too few too scattered and too diverse la really have much of a bearing at All on the Deci Sions that go into the formula Tion of the country s fiscal policy said a starter with the Blouse Hanking subcommittee on Domestic and monetary policy. . Trade representative Clayton Reutler said Many people in the govern ment Are conscious of How changes in the value of the Dollar affect americans overseas bul there s nol much that can be done about it. Sec related Story a Page 3. It s sufficient to catch the attention of Many officials in the government but there arc just a lot of other bigger More demanding dimensions to the Issue Cutler said Treasury department officials say they can t eve address the question. We can t even say where americans overseas come into play Here because the Dollar in t driven by he administration said one official. It s not As if the administration says. Today we want the Dollar to do this or that " he said. I can understand How americans overseas feel Trust rated by the Dollar s drop. " jut the Dollar and by Extension the Cost of living for americans overseas is driven by the International  while that May be True comments by administration officials regarding the Dollar often determine the climate of that marketplace. In recent months the administration has been leaking and then recanting information on the Dollar that has helped drive the Buck  administration sees a weakened Dollar As a Way la help reduce he $ 70 billion . Trade Defi  Trade deficit the difference Between the value of goods imported and exported by the United Stales shrinks when the Dollar drops Ini value overseas because it drives up the Price of foreign goods while making . Products cheaper abroad. In mid january an Anonymous administration official told the new York times the United states wanted the Dollar to drop further. The administration did nol deny the statement saying Only that it was not Authon cd for  to questions at. It the 1 mics article. White House spokesman Larry Speaks. At one Point said the Dollar was in orderly decline against other countries and that s the Way we want n to  lie later retracted that statement in late january. Treasury Secretary James a. Baker Iii on the Mcneil la her news  said he was prepared to accept a further decline in the continued on Page 3 nato agrees to name Galvin to top military Post b i lit slurs and Stripy the nato diff Csc planning Crim Milec agreed thursday la appoint civil. John k. Rah in As min it Allied commander. Europe of Lclive at Llie end of june. Galvin. 57. Is currently commander of the . Southern c omd in 1 Anama and responsible Lor All .forces assigned i Central America. He was nominated by president Keagan la takeover nato s lop military Post and become commander of the . European c omd. From july i1j3 to february i9ii5. The native of Mel he will replace Cien. Bernard w. Rogers who held Rose mass., is a graduate ii flee . Military Academy the nato Post fur eight years longer Titan any Oiher with a Bachelor s degree in military science and co general. Diet who will serve Tchul Liance  Galvin was commander of Vii corps in Germany fro w i�ii5 the Nativ of Rogers in a statement released by shape said Galvin is a dedicated Quail cd and professional sol Lumbia University Wilh a master s degree in English. He served in Vietnam from september i in la no see Galvin on Page 28