European Stars And Stripes (Newspaper) - December 17, 1988, Darmstadt, Hesse                                Saturday december 17, 1988 the stars and stripes Page 7run depleting Money in . State fund Charleston . A Jit Tery local governments continued their run on a state investment fund thurs Day As stale Treasury officials reported a $200 million drop in he fund rep resented an actual Dollar loss not just lost interest. The slate sold $30 million Worth or securities Early to try to satisfy the run. The local  pulled out another $37 million thursday bringing to 1146 million the investment fund withdrawals since monday about half of what the agencies had invested. Meanwhile treasurer a. James Man Chin said the Man in charge of invest ments at the Lime of the 198 7 loss for Mer associate treasurer Arnold t. Margolin was warned by his staff about the bad investments but did Noth ing to Hall them. Margolin is attempting to resign to join the West Virginia governor elect s staff is chief financial adviser. Manchin however will not accept his resignation. The loss was not revealed until this week and the news has spurred a four Day run by local and county governments on the state s consolidated investment fund in which state agencies and local governments place Money for invest ment. From the newspaper reports that i be seen and the Lack of an explanation from those in charge our Money would be at risk in the account if we were to wait for tin explanation said Jefferson county administrator David Ash whose county commission thursday withdrew the $1.6 million it had in the fund. Manchin said he suspects no wrong doing in the loss. It was just bad invest ments to said thursday. The treasurer has asked the . Attorney s office and state officials to investigate the loss. However. . Attorney Michael Carey directed Manchin s re quest to the Fri which has not decided whether to investigate. At Manchin s request inc private accounting firm of touche Ross co. Is investigating As Well. Margolin who submitted his Resig nation last month to join the staff of  Gasion Caperton As chief financial adviser has said he is awaiting the results of the touche Ross investigation before commenting. Manchin has refused to accept Margo Lin s resignation until the matter is cleared up. He has challenged Margolin to reveal publicly what happened since Margolin said he has explained the Situa Tion to Caperton. He was he Man directly responsible Manchin said of Margolin. If Arnie explained it to Caperton Why does t he explain it to the people this is strange silence. He s hiding behind inc  assistant treasurer Mary Hudson who now is in charge of investments said the consolidated investment fund this week totalled $1.372 billion or $208 million less than last december. The fund was $2.4 billion at the and of 1986. Frost bite Sheba inc German Shepherd docs her Best to Mike a meal out of the Snow Scott Daly tosses to her in Vienna Maine thursday taking a bile out of each show Elul Ixl Cornea her tray. The Region got 6 inches wednesday night. Fri ordered Bush scolds press sets new Rule to explain file on Schoolboy Newark no. A a us. Judge ordered the Fri thursday of justify Why it kept a classified file on a youth who wrote to 169 foreign embassies seeking information for an encyclopedia. The Agency had asked . District judge Alfred m. Wolin 10 dismiss a lawsuit brought by the american civil liberties Union on behalf of Todd Patterson now a High school senior. Wolin heard arguments but did not Rule on the re quest. He asked assistant . Attorney Susan Cassell to submit an Fiji affidavit to his Chambers showing How inc. Agency s records an Patterson were pertinent to an authorized Law enforcement  Patterson sued the government asking for portions of his file not already released under a Freedom of information act request and seeking damages for inva Sion of his privacy and a Hall to surveillance. Cassell said the suit should be dismissed because pans of his file were exempt from disclosure for National Security reasons. Revealing the blacked out portions would disclose the investigative methods and sources used by the Bureau according to Fri affidavit. _ by. ".". Cassell said Patterson was t fearful because he called the Fri asking for advice when he was invited to visit inc soviet Mission after writing soviet diplomats. She added that the return address of Patterson s letters was that of his father s company Laboratory disposable products inc., which probably helped arouse the Fri s curiosity. As soon As the Fri discovered he was a student the Agency closed the Case she said. White he was a sixth grader Patterson wrote to for eign embassies asking for information about their countries so he could compile his own encyclopedia Patterson who Hopes to enter foreign diplomatic service said his main concern was Over his future. He said a Security clearance is needed for an intern ship with the Canadian government offered by the College of his Choice the state University of new York at Pittsburgh new York. The Fri file might interfere with obtaining Clear Ance and the internship he said. Washington apr president elect George Bush is fed up with being peppered with questions while nosing for pictures and says he won t let that happen during photo taking sessions after his inauguration. Talking Al photo Ops will continue until Jan 20 and after that there will be absolutely none Bush admonished reporters thursday. He told the journalists his new press policy was for their own Good because shouting questions during photo opportunities was demeaning to your proves sion.". " ". A y there was no shouting during the session thai sparked Bush s edict just a reprise of the usual questions the vice president gets these Days about when he will finish naming his canc  Bush was asked about Yasser Arafat while he posed with italian prime minister Ciriaco de Mila. While Bush held few news conference during the Campaign he has faced reporters for extensive ques tipping repeatedly since the election turning each of his Cabinet announcements into news conferences. He also has been responding to questions at the picture taking sessions in he Wiite House with visit ing dignitaries politicians or guests where a Pool of 10 or 13 reporters photographers and camera Crews is ushered in for the opening minute. The Lioto Opportunity at times has been the White House press corps Mam Avenue of communication with president Reagan who has held fewer news conferences than any modern president and who often seemed to enjoy firing off one liners during these Brief encounters with the press. Y the Reagan administration made an attempt to mugs to reporters during photo Opportunity sessions but backed off when the television networks refused to Send in their camera Crews without their Corr spin it y Mary Martin Deputy Washington Bureau chief forces news said thursday night when information is needed we re going to ask  too much ice to Beer Bug pilots Juneau Alaska a two pilots stranded since tuesday on a Glacier in British Columbia Niter their Vintage plane made an emergency Landing had just one complaint thursday they ran out of Beer. A snowstorm thwarted efforts by the . Coast guard to Rescue the two men thursday with a helicopter forcing the aviators to spend a third night on grand Pacific Glacier. The huge Glacier is 45 Miles North of the Small Southeast Alaska port Loti of Gustavus. It stretches across the International Border and the pilots arc Sev eral Miles in on the Canadian Side said Marvin Jen sen superintendent of Glacier Bay National Park and preserve. Y v. -.--.-". Y they seem to be in Good spirits and holding up Well coast guard cmdr Bruce merchant said. They re inside the aircraft so they re relatively warm and  Yov -.y-. By to coast guard officials kept in radio Contact with the men by flying a c-130 transport plane Over the Glacier. The men had survival gear plenty of food and said they were warm and comfortable inside the Craft a world War la Era Grumman Widgeon amphibious plane which was undamaged in the Landing. As far As we know they re Fine coast guard it  Don Cummings said. One of inc Guys was complaining because he ran out of Budweis or. Pilot Michael Mills 3jj, and passenger Charles Fer Guson 31, of Gustavus 48 Miles Northwest of Juneau have enough supplies to last three or four Days coast guard it. Rick Wehrel said. Coast guard i. Andrew Berghom said the men were at least five Miles from Tarr. Inlet where the helicopter was waiting. Ehret said the men were flying from Cordova to Gustavus when they made the emergency Landing for an unknown reason. A Pilot in Gustavus who declined to give his name said the plane May have been running out of fuel or hit a Snow Squall in the Mountain pass above the Glacier the plane had been reassembled and restored in an chorale during the pail four months and was certified for flight he said. Snow also thwarted several att mils to land either of two coast guard helicopters on inc Glacier wednes Day Ehret said. Mills wife Connie said the coast guard told her thursday to prepare to keep wailing. They dont know they re hanging out Here hop ing the weather will break mrs. Mills said