European Stars And Stripes (Newspaper) - June 4, 1987, Darmstadt, Hesse                                Psi describes Roundup in the rain stripes naga inc d guitarist Segovia Dies at 94 Page 3 n Randy Barnett s car Corner Pago 13 d lakers top celts in game 1 Page 17 the St ars and Sofr Pes authorized unofficial publication for the . Ahmed of Dacej vol. 46, no. 48 thursday june 4, 19b7 Ary d 8693 a president wife leave for Summit in Venice Washington a president Reagan promising to seek ways to strengthen Western Solidarity set out for Italy wednesday for an economic Summit Likely to be dominated More by trouble in the persian Gulf than by Trade disputes and currency imbalances. Before boarding air Force one to pm bark on the 10-Day trip Reagan appeared at a departure ceremony on the White House s South Lawn and spoke about sorry of the issues that will he raised at next week s meetings with the leaders of Britain Germany France Italy Canada and Japan. I will look around the table and Sec thanks in part to the generosity and Wisdom of our nation Over the past 40years not the leaders of broken Des Perate and despotic nations but the Lead ers of Strong and stable democracies countries that today Are our partners for peace on the world stage he said. The underlying question at the sum Mit Reagan Saiof is How can we help make the next 40 years As prosperous As the Insl 40? How can we help our Peoples live in a world of even greater opportunities in the next decade and the next Cen Tury he said All the nations should work lend huge Trade imbalances Reform Agri sea Summit on Page 24 panel members put pressure on Abrams to quit Washington a assistant Secretary of state Elliott Abrams came under Strong pressure wednesday from angry democrats to resign but he said he won t do it because his Boss George Shultz seems pretty satisfied with the Job i have done  at the Iran Contra hearings after rep. Jack Brooks a Texas questioned Abrams honesty and competence Abram shot Back fortunately i guess i have Loray i Don t work for you. I work for George  before he left the witness chair Abrams described As the Reagan administration s Point Man on Central american policy was lectured by rep Lee Hamilton d-nd., chairman of the House Iran Centra commit tee and sen. Daniel k. I Touye a Hawaii who leads the Senate committee. You misled the Congress because you gave con Gress information that was not True in some instances Hamilton said. Over a period of time whether intentionally or not you and your colleagues kept fro Congress critical facts about  Inouye said the committees can t stand Many More such Days of painful testimony. I Don t know whether to believe you or Gen. John Singlaub whether to believe you or ambassador Lewis Tambs lie said referring to previous wit Nesses whose testimony conflicted with Abrams. It s not my Job to decide whether you or another one is being honest. Someone is not being honest with us Inouye said. Abrams the highest ranking administration official to appear in the five weeks of hearings ended his 11 hours of testimony by saying with a rueful smile he would advise anyone listening to the nationally Broad continued on Page 24 Abrams Volcker s resignation spurs heavy dealing a photo japanese Money dealers faced hectic Mol Fiji Trad inn wednesday on the Tokyo foreign Exchange Market As the Dollar tumbles Over news that .federal Reserve Board chairman Paul a. Fokker resigned. The Dollar lost 2.60 yen in Japan after a nine Day climb then rallied in Early european Trad ing which begins As Tokyo s business Day ends. Dealers attributed the Tain to a statement by in Bank of Japan s governor Stansha Sumito that v of tier s replacement by economist Alan Greenspan would not affect the Dollar. For today s conversion Rales see Page 23. Related Story on Page 7. Plan to boost . Wine May hike class i prices by William a Bartma Washington Bureau Washington the Price of Winein military pact age stores overseas could Rise soon say Pentagon officials who blame California wine producers and congressmen looking to boost sales , wines overseas. Reps. Ronald a Drums and Vic Fazio two democrats from California lacked a plan to ensure that american wines Are competitive in package stores overseas onto the House defense authorization Bill. It s All part of the buy american thing said one Pentagon Olti Cial who asked not to be identified. These congressmen Are outraged that German wines and italian wines Are actually outselling the american wine sin the military s overseas package  the official said the plan now part of the House version of the defense authorization Bill for fiscal 1988, will requires to have excess inventory that Ain t Gonna  and because the Law would require american wines 10 remain competitively priced prices on other goods will Proba Bly have 10 be increased to cover the Cost see wine on Page 24