European Stars And Stripes (Newspaper) - November 3, 1987, Darmstadt, Hesse                                Page a the stars and stripes tuesday novembers 1987 paper says . Making bomb Grade uranium Oak rid Cje Tenn. A production of the first bomb Grade uranium in the United slates since 1964 has begun and the nuclear weapons plan Here Wilt be he final processing site a newspaper reported sunday. Since 1964, ail bomb Grade uranium needs have been me by drawing from existing stockpiles at Oak Ridge and by recycling material in old weapons retired from the . Nuclear Arsenal. Federal officials con tinned the United slates recently shipped raw uranium to Britain where the radioactive material will be enriched As the first step in the production the Knoxville mews Sentinel said. The material then will be returned to the depart ment or Energy s gaseous diffusion Plant in Picton Ohio where it will be transformed into nearly pure u 2js. A highly Frissi Nahle ii pc of uranium the news paper said. The u-235 will then by sent to the y-12 nuclear weapons Plant in Oak Ridge where it will be converted into a in icons usable form. The final product will be shipped under Light Security f pm Oak Ridge to Britain for what Doe officials described As a variety of  information on the amount of uranium involved production Dales and delivery schedules is classified the paper reported. Government officials would not comment on whether the United Stales intends to replenish its own reserves of bomb Grade uranium the paper said. We have not changed our status at this time. As far As us we Are still on Recycle said Wayne Range a spokesman for the Doe in Oak Ridge. Britain is the Only country to which the United Stales Sells uranium for defense purposes the news paper said. Previously . Uranium shipments 10 Britain came from reserves housed at the y-12 Plant which still bears its of a War ii code name. Britain s participation in the uranium enrichment process which officials said provided a Cost advantage to Britain is under the terms of a new defense pact. Britain also has its own nuclear weapons pro Gram Range declined to comment on whether the new arrangement was driven by financial reasons or mean the . Stockpile can no longer support the needs of Bolh countries. The Doe and officials at the British embassy in Washington would nil comment on the planned use of the material the highly enriched Metal also can be used in production reactors to create pc opium an other key component of nuclear weapons budget documents in recent Yean said renovations at y-12 and upgrades at the Piketon plan were needed by sometime in 1988 in order to forestall Possi ble uranium shortages in the weapons program. A Zutaut this h inc Basic Nnniom-235 Fiu Loo Chain re action thai powered the Hli bima both. Irs says Hunts owe $358 million in faxes Washington a the internal Revenue service is seeking More than $358 million in Taxe from the Hunt family of Dallas in connection with write outs the family claimed during ill ill fated Silver futures Binge of 1919 and 1980. In a consolidation of eight cases against the Hunt family scheduled for trial in . Tax court which was scheduled to begin monday the irs claims Nelson Bunker Hunt and his wife Caroline covered millions of dollars of their children s losses when the Silver Market crashed in Early 1980. The couple had written off the Money As bad Loans but the government contends that the Transfer constituted gifts to the Hunt children rather than Loam and thai the Hunts Are subject to gift and income lanes on the amounts transferred. The irs in 1985 disallowed si47.6 million claimed As a Short term capital loss by Bunker and Caroline Hunt on their joint 270-Page 1980 income lax return and is seeking m the neighbourhood of si00 million in Back taxes from them the remainder of the taxes sought is charged against the Hunt children and their spouses Albert and Mary Huddlesion Thomas and Elizabeth Curns and Caro line Hunt. The elder Hunts say in their court filings that they transferred j 165.4 million to their children All in the form of business Loans Ihu became worthless and were a collectible. They say they Lent the Money to help the children cover margin Calls on Silver futures when the Price of Silver began falling in january 1980 and that they made he loan because they believed in the Long term value of Silver. The tax court ease is a prelude to the Hunts enor Mous Silver trading Case in which the commodity futures trading commission alleges they manipulated the Silver futures Market through a massive buy out of Silver. The 1980 Silver crash resulted in at least a 11.3 billion loss for Bunker Hunt and hit brother Herbert Hunt. The two had bought a total of 59 million ounces of Silver then estimated at one third of the world sup ply. The Hunt children began investing heavily in Silver futures beginning in february 1979, when the precious Metal was trading at is an ounce. As is customary in margin purchases they were required to Deposit Only a portion of the total value of the futures As Good Faith Security deposits. Within a year the Price of Silver climbed to Man than Iso an ounce. During that Lime the Hunts and thei r children used he balance of their paper profit to buy More Silver allures a trading pattern known As  after the Silver Market broke in the latter part of january 1980, each of the Hunt children had severe difficulty in meeting his or her financial obligations according to irs documents filed with the court. When funds in their Bank account were insufficient to meet the various margin Calls funds to cover the Calls were transferred from the account of . Hunt to the Bank account of the individual. ,. And then transferred by wire to the brokerage House irs said. Eventually the Hunt children lost Alt of their Nur b is and inc Overall deficits were covered by Bunke runt s brokerage the irs  bailout payments were the ones written off by Bunker and Caroline Hunt on their joint 1980 lax return As bad business Loans but the irs says they a family gifts. In their pretrial submission the Hunts say they believed the Silver Market downturn was Only temporary. Pope s visit to Florida saved state $12.5 million in Highway funds Miami a Pope John Paul in s visit brought an unexpected by casing to Florida it saved the slate si2,5 million in Highway funds by slowing Down speeders just enough to squeak in below a Federal limit. I m sure the visit of Fth holy father affected la lives of Many people both advert entry and inadvertently said monsignor Judy o Doherty spokesman for the archdiocese of Miami. This was one of the inadvertent ways. I m Happy he made the  Florida was in danger of losing the Federal funds because More than 50 percent of the motorists monitored on 36 selected stretches of Highway exceeded the 55-Mph limit. Under Federal Law a stale s failure to keep at least 50 percent of its Motorist under the Speed limit is grounds for the cutoff. The decision came Down to the fiscal year s final Survey sept. 10 on the Julia tulle causeway connecting Miami and Miami a cad. Sell. Lii happened to be the Day Pope John Paul arrived in Miami. The causeway was shut Down for about an hour and was heavily patrolled Tor the rest of the Day. I m sure anyone passing through. The cause Way would have teen six. Eight maybe 10 troop ers said it. Ken Taylor of the Florida Highway patrol. The results were dramatic. On two previous occasions 56 percent and just under 46 percent of the motorists were speeding. But on sept. I the number dropped to 37 per cent dragging the state s yearly average Down to 49.9 percent barely under the 50 percent Mark. Ralph Hartsfield the department of transportation administrator who ordered the Survey said he did not know at the time about the closure. Well we weren l privy to the plans he said grumbling that the test was unfair. When you Start to Zero in one particular place it loses All perspective Aslo the  stateside distraught investor held in mistreatment of Friend los Angeles up1 an investor distraught Over the plunging Stock Market went berserk bound Hii Girlfriend shocked her with a. Stun gun and forced her to Cut off her hair police said. William Richardson 39, was held in lieu of $250,000 bail on suspicion of false imprisonment and other Mise Meanor charges in the incident at hit apartment in suburban Woodland Hills sgt Woody Baca said Robertson says Perot Model would get posts Gatlinburg. Tenn. Up1 Republican presidential candidate Pat Robertson told Southern conservatives he would name Texas magnate Ross Perot As his defense Secretary and Interior Secretary Donald Hodel As his chief of staff. The former television evangelist also said his supreme court nominees would be men and when of the stature of judge Robert boric the Reagan administration nominee turned Down by the Senate