European Stars And Stripes (Newspaper) - April 14, 1987, Darmstadt, Hesse Page 28 the stars and stripes tuesday april 14.1987 Weller Garmisch. Germany quoting Winston Churchill inc Usa eur commander lot delegates to the european conference of the association of the . Army monday thai the Only thing Wane than fighting with allies is fighting without with an Agenda built around the theme part Norship the common defense Gen. Glenn k. Otis and other guest speakers set the tone of the Isth an Nual conference by stiffening the collective upper lip of inc group against influences thai would weaken a Strong National defense and the nato Alliance. We face an unholy Alliance Between the european left and american conservatives who want to reduce . Troop strength in Europe said keynote speaker James f. Dobbins Deputy chief of Mission for the . Embassy in Bonn. On Strong he outlined three Challenge to German american relations the Call for of Europe inc cat for reduced conventional Torres in Europe and ijii1 need for renewed cooperation Between people at Ilic grassroots. Otis took up the Torch at a luncheon Ai the an tvs hotel when he talked about cooperation among allies. Otis cited Public opinion polls that show most americans Don t believe there is any danger of War. I find hat incredible and i am incredulous of that he said. Either people arc not facing reality or we inc Ausa arc not slating our Case strongly other speakers such As maj. Gen. Archie s. Cannon jr., Usa eur Deputy chief of staff for personnel a Dausa National executive president Robert Conklin a retired major general addressed issues of concern id Ausa. Some or these Ivues include fuming commissary operations Over to private operators Hospital user fee. 1 civilian personnel management system reforms Andom am pus modification Conklin stressed that it s important to educate Congress that has fewer military veterans. T there Aren t As Many who have served in the milk tary he said. It takes a lot of explaining to get ideas across to them that we think arc Conklin said the Job will become even More difficult next year when the presidential election is in full swing. A we have to head out some of these things military cuts because they lend to take on a life of heir own i he said. I Ausa finances position papers on defense issues. At the end of the conference tuesday evening the delegates will vote on resolutions and Send them to the National organization. Court declines to Force Texaco to Post Bond Houston up a Texas appeals court monday declined to Force Texaco inc. To Post a Bond to Appeal a $10.3 billion judgment saying Texaco s bankruptcy filing rendered the action mean ingless. Judge James Warren consulted briefly with two other judges of inc 1st District court of appeals and agreed with Texa co that a hearing would serve no Pur pose. We believe the court is stayed from any action Texaco attorney James sales told the court. We believe any action has to be passed to the bankruptcy judge it s my understanding no action can be taken. It would be a meaningless Texaco and two financial subsidiaries filed for reorganization under the Federal bankruptcy code sunday the nation s third largest Oil company said it was forced to do so by failure to reach a settlement on the record judgment it was ordered to pay Pennzoil co. And uncertainty Over How much Bond it would have to Post to continue appeals in Texas. In trading on the new York Slock Exchange monday Texaco Stock dropped j3.jo to closest $28.37 a share. Pennzoil Stock declined $15.23 to end the Day at$77 a share. Lead Pennzoil attorney Joe Jamari said Pennzoil would contest the bankruptcy action filing court objections within the next two Days it s a phony filing Jamari said. They re going to slide in their own a however sales said creditors and sup pliers were putting increased pressure on Texaco hindering its ability to do Busi Ness. If we had judgment liens that exceeded just $685,000, that would immediately trigger a default on almost $2 Bil lion the Texaco attorney said. Texaco in what could be a master stroke stopped the clock in its 1 seven month Legal Battle with Pennzoil by filing for the bankruptcy pro Lection but the move could Cost Texa co management control Over the Oil giant s future Texaco became the largest . Com Pany to file for bankruptcy when it sought Protection from its creditors namely Pennzoil under chapter 11 in Hart Campaign gets under Way Denver a Gary Hart who emerged from a pack of challengers to Battle Walter Mondale for the 1984 democratic presidential nomination said Mon Day he is seeking the prize that eluded him then be cause i love my Hart who starts his Campaign As the acknowledged front runner for the nomination made his announce ment before a crowd composed of journalists at the Entrance to red rocks Amphitheater West of Denver. Hart so was to follow his announcement with an appearance at a rally on the 16th Street mall in Down town Denver. We must rebuild America on a blueprint of new directions and ideas Hart said we be lost a sense of the National interest and we re in serious danger of the future passing by touching on a wide Range of issues from arms control to the needs of America s poor. Hart talked about the Power of ideals and the dangers of extremism. Hart has paid off All but about s1.3 million of a Campaign Deb of nearly is million. At a reception sunday night Campaign director Bill Dixon told re porters that debt will be paid before the american Public begins counting its ballots next january. Now Hart faces challenges from at least seven democratic challengers. They include Massachusetts gov. Michael Dukakis 53 Illinois sen. Paul Simon 58 sen. Joseph Biden of Delaware 44 the Rev. Jesse Jackson 45 Tennessee sen. Albert Gore jr., 39 former Arizona gov. Bruce Babbitt 48 and Missouri rep. Richard Gephardt 46. Federal court near its while Plains n.y., headquarters.-3 ranked the Hind Exxon Aco is based i1986 and seventh largest based on assets of s34.9 billion. Vij the $10.3 billion judgment the largest in . Legal history arose from a Texas i jury s decision in 1985 that Texaco illegally. Enticed Getty Oil co. To renege on a merger agreement with Pennzoil. Texaco had Pur chased Getty for j10.1 billion in 1984. Texaco said it was forced
