European Stars And Stripes (Newspaper) - April 8, 1987, Darmstadt, Hesse The stars and stripes wednesday. April a 1987vbleker opposes further foil of Dollar Washington a Federal re serve chairman Paul Volcker tuesday warned thai the United states faces substantial risks including � recent Tion from further Reliance on a weaker Dollar alone to Correct the huge Trade def Ici Volcker in congressional testimony. Mid that further Sharp declines in the value of the Dollar on foreign Exchange Market threaten to topple the country into a recession. Sales of German Marks to . Personnel for personal use will be at the rate of wednesday bated Ori a Price fix ing at midday and allowance for Stan Dard handling charges. Sec other conver Sion Rales on Page 27. He specifically noted warning signs in recent weeks of a danger that the Dol Lar might fall Loo tar too fast. While Volcker did not spell out those signals world financial markets Wen thrown into a turmoil last week when the Dollar Tell to record lows against the Jap anese yen. Concerns that a weaker Dollar would boost inflation in the United states were among the reasons died by several major Banks when they raised their prime lending rate Tail week for the first time in almost three Yean. Looking toward depredation of the Dollar alone to improve our Trade bal Ance would clearly pose substantial risk of renewed inflationary momentum and undermine Confidence in future financial stability developments that could jeopardize prospects for sustained eco nomic expansion Volcker said before a Senate banking said that the desire for greater stability in foreign Exchange rates was Akey element underpinning an Accord reached among the United states and five other major Industrial countries meeting in Paris in february for the first time Volcker confirmed that the United states had engaged intervention in the Exchange markets in a Eccl intervene by buying or sell ing currencies in Large amounts As a mayor influencing their Price on the open Volcker noted that intervention can be of Only limited use in influencing the value of the Dollar and other Curren cies. He said thai there Are some encouraging signs that the . Trade deficit which swelled to a record si70 billion last year is finally beginning to shrink. But he said any improvement would be n slow process and to succeed will need to be accompanied by further Prog Ress in Congress to reduce the huge fed eral budget deficit which Volcker an others have for Many years directly linked to the country s Trade problems what we need now instead of More depreciation of the Dollaris action Here and abroad to earn through on Hose other measures needed to support growth and adjustment specifically action to reduce the budget deficit Here and to provide stimulus abroad Volcker Reagan administration in recent months has used pressure against the Dollar in an Effort to Force Japan and Germany to do More to stimulate id economies and provide world markets for countries that signed the Paris to Cord arc meeting again tuesday an wednesday in Washington to review that agreement and Sec what further actions will be needed to Deal with volatility in the currency markets and the third world debt problem meanwhile dutch finance minister. Onno Ruding said in Washington that the Dollar a fallen far enough i applauded the. Gradual fall of the Dollar he said but now it has gone quite far and at this time 1 think the main contribution toward solving these still enormous . Trade deficits u not. A further fall of the spoke As the Dollar bit its Low est rate since the late 1940s, on tuday a Dollar was Worth 145.2 japanese yen. Elections Washington municipal elections willbe held in Delaware Florida. Georgia and Massachusetts this year voting officials , civilian Federal employees and their family members May vote in these elections. Persons voting under the overseas citizens voting rights act Are eligible to vote i Massachusetts elections Only Delaware Many Delaware towns will hold municipal elections this year. Voters Are advised to write to their municipal clerk to find out if their town will hold elections this year and if Absentee bal lots will be accepted. Voter should Send a Federal postcard application to the municipal clerk for registration forms and an Absentee ballot the clerk must receive the postcard request at least 30 Days before the election. Registration forms should be mailed to the depart ment of elections 10 Days before the election. The ballot will be sent with the registration forms if the request is not received earlier than 90 Days before the election. Otherwise a separate postcard must be sent to request a ballot. Florid Florida has scheduled various election dates for municipal and local elections. Most elections will be for mayor or City Council members. City clerks can provide the not previously registered voters May re quest the ballot and registration forms by Send ing one postcard addressed to the supervisor of elections at least 30 Days before the ballots must be received by elec Tion officials by the close of Absentee registration form must be witnessed by two registered voters from the count Yin which the voter is registering or sworn to before a commissioned officer or other person authorized to administer oaths. The Absentee ballot return envelope must be witnessed by two persons older than is or by a notary or either official authorized to administer oaths municipal elections Widic held in More than500 Georgia cities and towns. Each City sets its own Date and the Dales Range from december with most elections in no vember and december voters should con Ici the Absentee ballot clerk of their town for election Register and request an Absentee ballot Send a Federal postcard application to the Absentee ballot clerk in your town. Ballot requests May not be made earlier than 120 Days before an election no later than six Days before. If the voter is not already registered his postcard must be received by the clerk at least 30 Days before the election. Massachusetts1massachusetts will hold its town and City elections on various dates this year. To find out when your District votes write to your City or town clerk for details. Most town elections Are inthe Spring and City elections Are in the fall. Massachusetts waives registration for person outside the state. Absentee ballot requests should be made with a Federal postcard application. Ballots will be mailed about 21 Days before the election. Soviets continuing their claims aids come from . Military lab Washington a the soviet Union Job amounted an unusually Broad disinformation Campaign aimed at convincing the world that the aids virus originated in an american military Laboratory . Officials say. The Campaign which began 17 months ago an shows no signs of stopping has prompted Strong Deni als and repeated protests by american a. Hartman who recently stepped Down Asu a. Ambassador to Moscow has labelled the stories As nothing More than a blatant and repugnant attempt to sow hatred and fear of americans among the soviet population and to abuse a medical tragedy affecting people All Over the world. For base propaganda purposes such complaints have been met with soviet silence however leaving the defense and state departments to Deal with what they say is a lie that simply won t go away. The soviet allegation is dramatic the growing Epi Demic of acquired immune deficiency syndrome that now plagues the world began with a biological warfare Experiment at the . Army s fort Delrick md., lab oratories. First published in october 1985 by the soviet weekly Uter Azumaya Gazela the charge was immediately denied by the United states and dismissed a soviet propaganda. Since then however the soviets have embellished the Story while citing alleged scientific experts to tend weight to the charges. Languages. In just the past three months the report has spread to Libya Albania West Berlin Tunisia and Yugoslavia handbills have even been found circulating in Senegal. The technique used has been to Plant the Story unfriendly newspapers outside the soviet Union and then to quote those newspapers As authoritative in the soviet news organs said Pentagon spokesman Fred Hoffman. It s obviously a systematic Campaign he continued. What s really troublesome is that this Huff tends to be believed in third world countries. Quite simply these charges Are patently aids is an affliction that destroys the body s immune system and its ability to Ward off disease. It is spread through sexual Contact blood transfusions and the snaring of intravenous Needles by drug addicts. No cure has been found and some 19,000americans have died of aids since 1979. Defense officials believe the soviets have succeeded in keeping their allegations alive because fort Detrick until 1969 was the army s biological warfare development Center and currently is the site of some aids related research. The facts have been distorted to support the false charge said a recent Pentagon background report that noted the army has been designated As the Lead Mili tary Agency for overseeing aids research. That Effort is based at the Walter Reed army Institute of research in Washington but involves close collaboration with the National cancer Institute the report said. The cancer Institute in turn operates a Laboratory enter at the fort Detrick compound. But there were never any National cancer Institute experiments in the area of aids that were done with the . Army at fort lire report added. The army itself through its medical research Institute of infectious diseases is conducting some re search at another lab at fort Detrick to determine if chemical compound known As rib avidin has any effect in lighting the aids virus. But that Institute has no other involvement in aids research the Pentagon report said adding that the fort Delrick facility never conducted any experiments with the aids virus in the course of its earlier biological warfare research. Proposed sub faces Congress Oner fight Washington up the so Wolf a propose new attack submarine will not get off the drawing Board unless the Navy can show Congress the new boil will be significantly better than soviet subs congressional sources said tuesday. A House armed services subcommittee voted enclosed session Jast week to reject Money for the sea Wolf and the Issue was expected to arise again this week in the full committee As it writes its version of a 1988 Pentagon budget one source said. The research panel instead of pulling up the Money the Navy wanted demanded Hal the service try to improve existing los Angeles class attack submarine while trying to design a vessel Superior even to the leaders sont the weekend trying to reverse the decision nude thursday by the House panel which called fora radically different approach to building the next generation of . Attack Navy officers. Adm. Kinnaird Mckee and vice adm. Bruce Demars went before a closed session monday of another House armed services subcommittee the sen Power subcommittee to try to save the sea Wolf. The sea Power subcommittee is considered More accommodating to the Navy s Point of View. The Reagan administration is seeking 1470.8 Mil lion for the sea Wolf for fiscal 1988 and $1.676 billion in fiscal 1989,
