European Stars And Stripes (Newspaper) - April 25, 1988, Darmstadt, Hesse                                Monday april 25, 1988 the stars and stripes Page 7 Bill Calls for redesign of . Coins backers predict multimillion Dollar Windfall Washington Al l advocates of redesigning the nation s Aikins from inc Lincoln Penny through lie Eisenhower Dollar held Oul the Prospect thai Coin collectors would hand the Treasury a mull billion Dollar Windfall profit to be used to reduce the deficit. But inc director of the . Mint testifying before inc Senate ranking commit dec predicted Only Small change proceeds ranging in the millions not billions of dollars. Sen. Alan Cranston. D-calif., said any profit from a redesigned Coin would be Welcome. I suspect that a Gammer of Black Ink in our deficit plagued world is. In itself adequate reason for passage of this Bill he said. Sixty one senators and 90 House members have co sponsored legislation authorizing the most sweeping redesign of the nation s coins since the Early years of the Century. The Bill would require a Complete redesign of the reverses of the coins while reserving the Heads of the presidents now on them. While the presidential portraits might themselves be somewhat redesigned the coins would retain i hair pre sent size shape and color. Cranston said he would like to make some changes in the plan and said he will introduce amendments to do mat. 1 in would Reserve the face of two of the coins for a symbolic design and forbid their use to portray any person living or dead. Thai would mean that two of the presidents now so honoured Lincoln on the Penny Jefferson on the Nickel. Franklin Roosevelt on the dime. Washington on the Quarter Kennedy on the half Dollar and Eisen Hower on the Dollar would lose i hair places in the nation s pockets and purses. Cranston said no president was featured on the nation s coins until 1909 when Abraham Lincoln was granted the Honor on his 100th birthday. Roosevelt a Wight d. Eisenhower and John f. Ken Nedy got i hair coins within a year of their deaths Cranston said. The Bill would require the design or the reverse of the Washington Quarter to carry Tor two years a de sign commemorating the Bicentennial of the Constitution. Cranston said he would also offer an amendment to enhance the value of the redesigned coins As educational tools by directing that they be designed As sym Bols of such democratic principles As Freedom of speech Freedom of the press due process of Law trial by jury the right to vote and the separation of Powers. Coins arc the most tangible symbols of our nation in our daily lives Cranston said. We touch them examine them carry them around in our pockets and purses in All our waking hours. People particularly Young people will look Al our coins and Kam what they stand  Diane Wolf a member of the . Commission of Fine arts who has been campaigning for redesigned coins for More than a year has said the change could result in a 12.3 billion profit Over six Yean. The Bill would require that All profits he used to reduce the deficit David c. Harper editor of numismatic news a Coin collector s Maga inc. Testified that the $2.3 Billon estimate resulted from Bis calculation of profits of the release of he coins at face value compared to i hair relatively Low production prices and the separate sales of mini and proof sets to collector. It is Clear to me the government will make Money on design changes he said Only the is e of the profit is  but Donna Pope director of the . Mint had far lower estimates. Embellished Revenue estimates of $1.3 billion have been cited and some have looked to Coin redesign As a Panacea for budget deficits she said. Based on analyses of past demand patterns Esti mate $224 million in additional income will be Gener ated in the first six Yean of the new designs and i i million in additional profits Over the same period from sales to Coin  she suggested that if a decision is made to change the design of coins inc changes should be made Over a six year period Wilh a new Coin being issued at the beginning of each year. Bakker asks to return pal cites him for woes fort Mill , up Jim Bank Ker renewed his Call saturday to be Al Lowed to return to pal to help erase its debts bul ministry officials blamed the former television evangelist for the Revo cation of its tax exempt status and other financial problems. The internal Revenue service revoked pal s com i Ion Friday and said contributions to the organi Alion were no longer tax deductible. The iks said Jim and Tammy fac Bakker and their aides profited excessively from donations to the ministry. The Agency also said much of pal s heritage Usa in Csc Park in fort Mill was com Mercial rather than ministerial. Bakker in a Telephone Call to the As Socia cd press from his Home in Palm Springs calif., acknowledged that he made mistakes bul he denied taking excessive profits and said contributions he convinced people to Send built pal s evangelical Empire. It s typical of Hie irs. They throw everything at you but the kill Hon sink and then ask you to Sari it Oul with documents and vouchers and receipts and defend yourself Bakker said. Bakker said put faces liquidation so its current leadership should give him another Chance. Now that it i reached the end of the line and will be broken up what do they have to lose Bakk cracked. Bakker resigned As Leader of the ministry in March 1987 in the midst of a scandal Over his sexual encounter with former Church Secretary Jessica harm in 19so, pal trustee David Clark has said he has no intention of letting Bakker return. Ministry officials probably will announce on monday s pal club television show their response to inc irs action pal attorney Bradford log sctt said. If pal appeals contributions by individuals would he deductible up to ,000 until the Appeal is decided the irs said. This ruling could have an Impact on contributions if people Don t keep their focus on the fact thai what we Are Deal ing with Here is a legacy that was left by the  log Genii said. Pal has applied for a new tax exempt Charier and wants to legally separate us ministry functions the daily to show satellite network and heritage Village Church from its theme Park and hotel. Double their pleasure twins Trudy Shirey left and Trish Kaunda is who Watt wed to a double marriage ceremony display their bibles born a few hours part in Wood county Hospital in Bowling Green Ohio. Siun Deis baby girl Wuh born nil i i in. Sat urday allowed by the bind of Sli Irr \ son at 6 21 . The same Day. Demos want Reagan to rethink Trade Bill stand Pittsburgh api democratic presidential candidates Michael Dukakis and Jesse Jackson called on president  on saturday to reconsider his threat to veto a  Bill that includes a provision requiring companies give Advance Nolick before closing plants. Debating for inc second night in a Row Dukakis and Jackson continued their kid Glove Competition for their party s presidential Utomi nation Iliad Kaslly avoiding Strong criticism of each other. Even when pressed Locile differences the two candidates lapsed into familiar Campaign rhetoric that hardly qualified As political attacks. Jackson cited his proposals for specific budget Fig ures to Deal with National problems White Dukakis cited his experience As governor of Massachusetts. I have put the numbers together to pay for my dreams said Jackson. I take the heat but i am  "1 Don t just talk about jobs said Dukakis. I be helped incr Galeand save hundreds of thousands of  after the debate Jackson said Dukakis did not answer the question of the budget. I know it s Good to project for a National health care plan which i sup port. Bul it will  Dukakis appeared in inc debate press room after Jack son and responded to the former civil rights activist s criticism by saying i be already made Many commitments in dollars., i know what it s lilt to walk into a deficit.,. The president of inc United Stales Lead better be somebody who knows How la mop up red  the  Jesse is making is a very sound  Dukakis said during a discussion on education. It was typical of the interchange Between the two candidates. Asked what promises the candidates would make 10 the economically distressed residents of Western Penn Sylvania. Dukakis said i Hope the president will sign the new Trade  Jackson joined in that plea and also said we can not allow slave or repressed labor to undercut organized labor.,. So Long As there is slave labor among the Coal miners and steelworkers in South Africa stave labor will undercut organized  Reagan has cited the Plant closing provision As one of his principal objections to the legislation. Jackson also called for creation of an american in vestment Bank 10 finance projects to repair the nation s infrastructure. A Bridge closes in America every other Day he said. Earlier in inc Day. Al a Slop in Bethlehem. A. Dukakis said he was unsure of whether Jackson has any interest in a no. 1 spot on the democratic ticket a subject which came up at the Friday night debate. I asked him if he were interested bul lie did t Tell me Dukakis said. The two rivals began inc Day campaigning at oppo site ends of the slate Dukakis in the East and Jack son in the Wisl. Campaigning on the Philadelphia waterfront. Duka Kis said. It s important that we run a Strong and Poti Tive Campaign. I Don t think the american people Are interested in what i think of a  Jackson or what he thinks of me. They want to know a hat kind if leadership we re going in provide for this country Atler his Strong showing in the new York primary on april 19, Dukakis was heavily favored to Lake an Oiher jump toward the nomination when Pennsylvania democrats Vale on tuesday Al slake in Pennsylvania were 178 democratic delegates