European Stars And Stripes (Newspaper) - January 25, 1989, Darmstadt, Hesse                                Page 4 the stars and stripes wednesday january 25,1989 spiritual Leader wants to see hostages suffering ended Washington a the spiritual Leader of Radical moslem group believed to be holding nine americans hostage in Lebanon wants to see the human suffering ended recipients of letters fro him said tuesday. A state department official who has seen the correspondence from Sheik Mohammed Hussein Fadlallah to people pressing for the hostages release said the letters themselves Are unusual but the Content is  Fadlallah 53, is the spiritual guru of Hezbollah an umbrella group of pro iranian moslem shiites. Elements within the lebanese group employ terrorism and Are thought to control the american hostages . Officials say. Fadlallah s written statements in arabic came i response to letters sent to him by Peggy say the sister of hostage Terry Anderson the journalists committee to free Terry Anderson the new York based commit tee to protect journalists and Ray Barnett the head of friends in the West and ambassadors of Aid two humanitarian groups in Seattle Wash. Anderson an associated press correspondent i Beirut when he was kidnapped in March 1985, has been held longer than any of the other american hos tages. On tuesday the wives of three american professors at Beirut University College who were seized appealed for the release of their husbands As they began their third year in Captivity. The three men Are Alann Steen of Boston Robert Polhill of new York and Jesse turn or of Boise Idaho. The responses that Fadlallah gave to the letter writ ers were similar in tone and Content but were not identical. We Are always sorry for the continuous human suffering which we have tried to solve and continue to try to solve to bring the situation to a Happy ending Fadlallah wrote say who lives in Cadiz by. To Anne Nelson executive director of the commit tee to protect journalists Fadlallah said i have tried several times to intervene to find a solution of their situation but my efforts failed because they were complicated by factors at the International  the moslem Leader told William Foley a time mag Azine photographer in new York who works with the committee to free Anderson that we emphasize our concern to maintain Friendly relations with the Ameri can people " Fadlallah disavowed any responsibility for the kidnappings. Say who has written Fadlallah in the past but never before has received a response said she interpreted the letter to mean that the shiite Leader might be willing to be a Point of Contact in negotiations to free the hostages. She pointed out that Fadlallah knows Ander son who had interviewed him As a reporter. The letters delivered through an intermediary were received last week. The . Official said that Fadlallah has made Many pronouncements about the hostages some of which have appeared to be contradictory. Moreover he said that officials Are not quite sure How much influence Fadlallah has personally Over the kidnappers. The United states has a policy of not negotiating with those holding hostages although officials will talk about the welfare of the captives. There is no direct Contact Between us and the iranians and Between us and Fadlallah the official said. In a newspaper interview published in october Fadlallah was quoted As saying that the Fate of the hostages would have to wait for the outcome of the american presidential  he said then that Iran preferred to Deal with republicans. President Bush has said he foresees the Day of Bette relations with Iran which could Lead to the release of the hostages. I Don t Start off with the View that we always have to be at loggerheads he said recently. Still Bush has said he thinks it would be wrong to assume that Iran controls a key to All these  Iran s prime minister Hussein Musavi said Las week that the hostage Issue was an internal question of Lebanon and that a question of territory limit what Iran can do. The other hostages Are Thomas Sutherland a Deana the american University of Beirut Joseph James american hostages in Lebanon Terry a. Anderson 40. Chief Middle East correspondent for associated press kidnapped March 16, 1985 Thomas Sutherland 56. Acting Dean of agriculture american University of Beirut kidnapped june 9. 1985 Frank Herbert Reed 55. Director of the lebanese International school. West Beirut kidnapped sept. 9 1986 Joseph Cicippio 57. Acting comptroller american University of Beirut kidnapped sept. 12. 1986 Edward Austin Tracy 57. Author of children s books kidnapping announced oct. 21. 1986 Alann Steen 48, communications instructor Beirut University College kidnapped Jan. 24, 1987 Jesse Turner 39, visiting professor of mathematics Beirut University College kidnapped Jan. 24, 1987 Chicago Tribune graphic Robert Polhill 53. Certified Public accountant who lectured at Beirut University College kidnapped Jan. 24. 1987 William r. Higgins 43. . Marine lieutenant colonel commander. Observer group Lebanon in truce supervision organization kidnapped feb. 17, 1988 Cicippio acting comptroller of the University Frank Herbert Reed director of the Lebanon International school in Beirut Edward Austin Tracy an author and Marine it. Col. William r. Higgins head of an observer group attached to the . Interim Force in Leb anon. Debt financed takeovers draw warning from Brady Washington a Treasury Secretary Nicholas f. Brady suggested tuesday that unless the investment Community stems the tide of debt financed corporate takeovers the government will step in. It is the finest tradition of our demo cratic system that government look first to the people themselves for solutions and Only act but do act when it i Clear the people cannot solve the prob Lem themselves he said. Brady told the Senate finance com Mittee the new Bush administration favors eliminating or reducing taxes incorporate dividends As a Way to reduce leveraged buyouts or los. He acknowledged that the Federal Bud get deficit Likely precludes that. However his testimony was the Clea rest indication yet that the new administration views the multimillion Dollar debt financed takeovers As a possible threat to the . Economy and is willing to take action to Stem them. I have a feeling that we Are headed inthe wrong direction when so much of our Young Talent and the nation s financial resources Are aimed at financial Engi Neering while the rest of the world is Lay ing the foundation for the future he said. Brady said he would prefer that the gladiators in the Arena the invest ment Bankers corporate and insurance executives and pension fund managers who Issue and Trade in High interest High risk junk Bonds come up with evidence that the resulting debt burdens Are not harmful or else suggest proposal for addressing them. While companies acquired through leveraged buyouts often Lack the Cash flows to pay interest on the junk Bonds that financed the deals the Bankers under writers and fund managers in the trans actions make millions of dollars in fees Brady complained. Sadly these same parties May have relatively Little if any investment in the Long term Success of the new Enterprise he said. Given this arrangement it May very Well be that the net effect of los is a snipe Hunt where the new Long ter investors flashlight in hand Are left holding the  quite a different View was expressed earlier tuesday by securities and Exchange commission chairman David Ruder who was scheduled to testify wednesday before the Senate panel. Ruder said on lbs this morning that the leveraged buyouts Are increasing ownership of companies by the manager who run them and will make us a More productive  after these buyouts the managers of the divisions typically will be allowed to run the divisions without having to be overseen by top management of the Large conglomerate Ruder said and they May be very much More efficient in their management when they re on their  president Bush two weeks ago before he took office ruled out direct govern ment action to curtail the tide of takeovers but left open the possibility of Chang ing the Way the tax Laws treat dividends and the deductibility of interest pay ments on junk Bonds. Fears about the vulnerability of highly leveraged companies were heightened last september when re co . Inc., the Cleveland based drugstore Chain entered chapter 11 bankruptcy proceed Ings after defaulting on $700 million in Bonds following a $ 1.4 billion buyout. Quayle scheduled to visit latin America in february Washington a vice president Dan Quayle will visit Venezuela for the inauguration of its new president next month with a Stop in Al Salvador on the Way Back the Whitehouse said tuesday. Quayle s trip the first foreign Jour Ney for a senior official of the new Bush administration is scheduled for feb. 1-3, White House spokesman Marlin Fitzwater said. He will represent the United state sat the swearing in of Carlos Andres Perez in Venezuela on feb. 2. Fitzwater said the Al Salvador Stop was added so that Quayle could  cuss the elections there in March and extend the Best wishes of president Bush who has known president Jose Napoleon Duarte for a number of years and meet with other officials  he referred questions on the identity of those officials to the vice presi Dent s office but spokeswoman Liz Murphy said she had no information on it. Fitzwater said Quayle would express concern for the democratic process there and seeing it continue As it has under president Duarte. We have concern about the guerrilla activity in Al Salvador and any threats that that May have in the election process and i m sure the vice presi Dent will discuss that with  new Magazine offering do it yourself House plans Chicago up a Magazine of Fering build it yours Elfers detailed House plans by leading design firms made its debut tuesday featuring 200 Homes by More than a dozen leading design firms. House plans a new quarterly published by professional builder Magazine will have a distribution of 150,000 issues each Quarter with total readership Esti mated at 700,000. It Sells for $3.95. The Premier edition contains 200 floor plans from a 853-Square-foot"petite cottage starter Home designed by historical replications inc. Of Jack son miss., to the 3,532-Square-foot luxury Home by the Bloodgood group which operates from offices in  Moines Iowa and Boston. Readers who find a design they want to build can then order detailed plans through the Magazine. The plans All the drawings and diagrams needed to build sell for 10 cents per Square foot of floor space in the Model ordered. The first edition of House plans Fea Tures a luxurious 2,988-Square-foot traditional French Manor style House by architect Todd lord from Northwest Home designing of Tacoma Wash