European Stars And Stripes (Newspaper) - August 17, 1988, Darmstadt, Hesse                                Senator is Back Page 17 authorized unofficial publication for the . Armed forces vol. 47, no. 121 wednesday August 17, 1988 25 daily and sunday d 8693 a Bush selects Quayle for up added late in process new Orleans a George Bush picked  Quayle of Indiana As his running mate a Bush Campaign source said adding a Youthful accent to the 1988 Republican ticket with the 41-year-old politician. Bush gave no clues to his decision As he arrived therefrom Washington but he started making Calls to the Winner and the losers in his vice presidential sweepstakes. Quayle a second Ter senator from the mid West had been added to the list of possibilities latin the drawn out process. But a Campaign source said Quayle was the Choice. Word quickly swept the convention City of who had not been picked. Sen. Bob Dole of Kan Quayle Sas his wife Elizabeth a former transportation Secretary sen. Pete Domenici of new Mexico South Carolina gov. Carroll Campbell and rep. Jack Kemp of new York All got Calls giving them the bad news. Bush was making Many of the Calls. It was a Tough decision Bush told Dole. Just a few minutes later Bush called Back this Timeto Tell mrs. Dole she had been passed Over too. Campbell who was on an Early list of possibilities said Bush called around noon and told him the vice presidential nominee would not be someone from the South. Campbell quoted Bush As saying we Don t need Togo South for a running  Bush told reporters aboard air Force two i had hoped to do it by the time i got on this air plane and i have. The decision will be announced before thursday  he said the final phase in the process came just see Bush on Back Page vice president George Bush laughs at a shouted remark by president Reagan to reporters tuesday in new  was leaving As Bush was arriving for the Republican National convention. Delegates United on gop platform new Orleans a Republican delegates chorused their approval tuesday of a Book length conservative edged platform styled As a rallying cry Fornall those who share our  there was neither debate nor dissent on a single Plank As the platform was approved in the half empty Republican National convention Hall. The document was adopted by voice acclamation after Nebraska gov. Kay Orr the chairman and other leaders paraded to the podium to describe their work As a love letter to the american family an invest ment in the future of our children and a rebuke to what they said was the evasiveness of the democrats. Orr said the 40,000-word platform is something More than a list of policies. It is a rallying cry for All those who share our values. It is meant to Chart Amore certain course for our future for our  the platform toes the conservative line on taxes abortion and defense while pledging new efforts to improve child care education and the environment. Trade deficit in june worst since february Washington a the . Trade deficit suffered a major setback in june swelling to $12.5 billion the government said tuesday. The deterioration followed three straight months of improvements. The growth in the Trade balance a Sharp 28.5 percent worse than the May imbalance of $9.8 billion was Likely to Jolt financial markets. June s trading shortfall was the worst since february s $14.4 billion deficit which triggered a 100-Point plunge in the Dow Jones Industrial average when it was announced in april. The june deficit As reported by the Commerce department was substantially worse than had been expected. Most economists had anticipated a deficit of around $10.9 billion As analysts expected that a Rise in imports would be partially offset by continued growth of exports. However exports fell by 2.4 percent in wine to a seasonally adjusted $26.8 Bil lion while imports surged to an All time High of $39.4 billion. The deterioration pointed up the problem facing . Policy makers who Economy growing too strongly higher interest rates forecast Washington a the Feder Al Reserve one week after its dramatic move to boost a key interest rate is Likely to continue pushing rates higher Many economists predicted monday on the eve of a policy making meeting. These analysts believe that the fed has decided that higher rates Are Nec Essary to slow an Economy where de Mand pressures Are bumping up against tight labor markets and capacity restraints in the manufacturing sector. We Are facing the danger of a new wage Price inflationary spiral and i am looking for further tightening step based on a perception by fed policy makers that the Economy is growing too strongly said David Jones senior economist at Aubrey g. Lanston &co., a government securities dealer. Fed policy makers were to Convene be Hind closed doors on tuesday to review the Economy s prospects and Chart Mone tary policy for die next l