European Stars And Stripes (Newspaper) - May 11, 1987, Darmstadt, Hesse                                Monday May 11, 1987 the stars and stripes Page 7 leaders vow to fight Trade amendment hot Springs a. A top . Business leaders said saturday they expect Congress to pass new Trade legis lation this year but they pledged to fight controversial amendment they fear will trigger a worldwide Trade War. Members or the business Council com posed of the chief executives of 65 of the country s largest corporations listed protectionist Trade legislation As one of the Prate threats facing the . Economy. But the officials who were completing a three Day Retreat at his Mountain re Sah Moi lit Tif have became resigned to the fact that Congress will enact a Trade Law this year. Different versions of a Trade Bill have passed the full House and the Senate finance committee. The Senate commit tee version approved thursday is considered much less retaliatory than the Bill approved earlier by the House. Supporters say the legislation is needed to open up overseas markets and help reduce the country s huge s166 bit licit Trade deficit. Key support for free Trade has tradition ally come from the larger corporation who hive feared hut moves to erect protectionist Barrien would Cut them off Tor lucrative Oversea markets. Worries about a possible Trade War were highlighted a month ago when the financial markets went into a tailspin after the . Government imposed sane Lions on some japanese electronic imports. Investors feared that the Trade Dis Pute would Widen and harm economic growth around the world. That episode was just a taste of what . Largest Trade deficits wet South Hon Japan Canada Taiwan Gwen any Kors by Kong sate chicago7unt a Mph fee a against countries that maintain hug Trade surpluses with this nation through unfair Trade tactics. This Section was narrowly approved on a vote of 218-214, and is not expected to be implemented. James d. Robinson chairman of american express co., said the close vote showed that cooler Heads Are beginning to prevail in Congress. In the last couple of weeks the legislators have modified some of their More Radical stands As far a the Bills going through Caress and thai a something that we Are Al trying to encourage he Saidt Bat Robinson said worries that Congress could happen if a full scale Trade War erupted business leaders said. Edmund t. Pratt jr., chairman of Pfizer inc., the giant in manufacturer said the major american Mug companies do about Haffos their business in overseas sales and they do not wan to see that Market jeopardized by retaliation because of Protection is american Trade legislation. Given our Choice we would rather not have any Trade Bill. There is enough Trade Law already out there. It just needs to be enforced he said. Many of the business executives expressed particular unhappiness with an amendment added to the House Bill by rep. Richard Gephardt that would re quire the United Stales to retaliate measure Hill haunt the financial markets and represent the biggest danger of tipping the country into a recession. If we go in a protectionist direction it is Clear through history that what us does is shrink markets around the world and that is not in anybody s Best inter ests he said. Secretary of state George Shulte who also spoke to the business executives stepped up Tough talk against current japanese practices As part of the administration s Campaign to show that ii haste necessary weapons already to Deal with Trade problems. The administration has Long sought to persuade Japan and West Germany of the need to Spur their Domestic economics rather than depending in such Large part on Export sales for growth. Shultz said the administration would be watching close to to Sec if the japanese follow through on commitments to boost government spending by $35 billion to stimulate Domestic demand. Bush says protectionism not answer to . Woes Forest City Iowa a vice president George Bush saturday said protectionism is fool s Gold dial will bring More suffering to the financially strapped american Farmer. It won t save jobs. It won t cure our Trade deficit. And protectionism As sure As night follows Day Wil invite retaliation and Mark my words the first area to be hit will be agriculture Bush told graduates at wat Dor College. Earlier saturday in Albion mich., Bush called for the teaching of moral values in schools because Many in this country still have much to learn about right  you often hear that you can t teach values Bush told Albion College graduating seniors. I Don t buy it. I think americans Are in fairly general agreement As to what constitutes Good character and ethical behaviour. Education and ethics go hand in hand. Like education ethics Are essential to a free  Bush told the students that this country s current protectionist Fervour is a reflection of fear. Certainly there Are unfair Trade practices out there Bush said. And we must do All in our Power to guarantee free and fair Trade and to see that our Trad ing partners play by the rules. But if every unfair Trade practice in the world were lifted tomorrow it would reduce our $166 billion Trade deficit by Only s10 billion or $ i 5  Bush said americans can compete successfully with out protectionism and that americans would rather compete than  that is a role America s leaders must fulfil to set some goals for the future and 10 let people know what is needed to achieve those goals he said. Bush also called for improving the nation s Educa Tion system and for throwing the Book at White col Lar criminals. A College education should not mean suspended sentence he said in Michigan. Bush decried unethical Money making schemes say ing the Reagan administration has been the Viscum of individuals who Haven t the judgment or integrity to put the Public s business above their own selfish self interest. Tulip terrorist s actions May Stem from tax protest Albany . Up an Anonymous Tulip terrorist who sheared the red yellow and White petals Oft 16,000 Blos soms to ruin a Spring festival May have been a protester angry Over new property tax assessments officials said saturday. Police Nave made no arrests but detectives Are trying to track a caller to a local television station who claimed responsibility on behalf of the Albany Tea Patty we re following up several leads on who committed the  those Flower Beds said Parks and recreation commissioner Richard Barrett the Vandal struck late thursday or Early Friday the Day of Albany s an Nual Tulip festival which celebrates the City s dutch heritage. The name Given by the unidentified caller was believed to be a reference to the Boston Tea party when colonists dumped Tea into Boston Harbor to pro test British taxes before the revolutionary War. A group of irate residents last week denounced City Council members for allowing Large increases in property tax reassessments. Organizers of the demonstration however disavowed destruction of the Flowers. The City had grown a total of some60,000 tulips for the festival and those lost made up the bulk of a Central Flower bed in Washington Park. Among the mourners for the decapitated Flowers was the festival s Tuli a Queen Anne Marie Dolan a 22-year old who works for the state depart ment of motor vehicles. At first 1 was very devastated be cause i thought they had gotten the mall she said. Thank cod they had t. It s just a disgrace that somebody  want to ruin the festival somebody went through with some Type of Sham instrument and nicked them right below the Tulip  said mayor Thomas Whalen. We Are obviously outraged that some sick person would use this occasion to destroy the Beauty of thet Washington Park Tulip Beds on the eve of the Tulip festival. We have police investigating the  Barrett appealed to the Public for in formation that would Lead to the arrest of the vandals. A $5,000 Reward was offered by Cap ital newspapers which publishes both the Albany times Union and Knicker Bocker newts. The Tulip festival includes a Parade costumed youngsters and the tradition Al scrubbing by Tulip Queen hopefuls of state Street a sloping Boulevard leading from the state Capitol. The festival opened As scheduled despite the destruction of the tulips. Dole advocates making puerto Rico 51 St state san Juan up Senate minority Leader Rob Ert Dole said saturday that he will introduce legis lation to make puerto Rico a state then work hard As a senator or the next president to gel it pissed. Dole s vow came at a news conference in a san Juan hotel. He was wrapping up a 20-hour slay in the . Common Weill where he pitched for 14 delegates to the Republican National convention in new Orleans in August Isis. Dole and vice president George Bush Are far ahead of the rest of the Field of gop presidential candidates in most opinion polls. Dole has not officially announced his candidacy but has formed an exploratory committee and is widely expected to formally enter therace later this year. Dole told reporters and dozens of pro statehood puerto Picans at the news conference that he will introduce this week a Bill calling forthe Federal government to pay the Cost of a referendum in puerto Rico an statehood. If the Mea sure is passed by a Clear majority he would then Intro Duce Dill in Congress to make puerto Rico the 51 St state. Not Only will i introduce the Bill that s easy enough to do but we re going to get it  Dole said. The governor of puerto Rico Rafael Hernandez Colon is a member of the popular democratic party which favors continued Commonwealth status