European Stars And Stripes (Newspaper) - May 31, 1989, Darmstadt, Hesse                                Page 4 the stars and stripes wednesday. May 31,1989 Mother love sealed with a kiss Casey a healthy 15-Pound Harbor Seal born a week ago gets a kiss from his mom Tassy at sea world of Ohio in Aurora. The Mother Seal now 16, was found off the coast of Washington slate several years ago and taken in As a beached animal. Tassy was transported to the Ohio Center and rehabilitated. Wright to make decision soon on quitting Job Washington Dpi mouse speaker Jim so right getting a lot of free and conflicting advice said tuesday he intended to announce by week s nil whether he will resign or continue to fight ethics charges. Returning to the Capitol after a Holiday weekend in seclusion with his wife Betty Wright told reporters i think i know what i should do. 1 think i know what i believe to be in my Best interest and in the interest of the  the embattled Texas Democrat had no immediate announcement about his future but said i expect to have one before the week is  Wright said i want to be fair to myself and my family and my reputation and i want to be fair to this institution that i have served for 34  the speaker added i get a lot of free advice from a lot of people and i appreciate it very much because it is All Well intended but it does t agree with  Wright declined comment on rep. Tony Coelho decision to resign. Coehlo d-calif., is the no. 3 democratic Leader in the House. His Surprise announce ment prompted by reports of an investigation of cock to s finances stunned his colleagues and threw the House leadership into further turmoil. There was speculation that Coelho s Quick decision to leave rather than face a Long ethics panel investigation also would pressure Wright to resign. But some people sensed that Wright was digging in for a protracted fight. If you had asked me late last week i would have said wednesday that Wright is going to resign a democratic source said. Today it feels  23 americans readying for peace corps in. China Washington a chinese and . Peace corps officials offered 23 americans a boost tuesday As they began training for the peace corps first Ever program in a communist country. Lauding them As the handclaps Between the two nations peace corps director Paul Coverdell told the volunteers at a modest ceremony that they were embarking on a Mission and taking a special piece of our country with  the weeks of political turmoil in China the band of peace corps volunteers began a monthlong training program tuesday on the american University  participants were treated to a series of inspirational speeches cups of Tea and Goodwill wishes during the Brief ceremony attended by peace corps officials and representatives from the chinese embassy. Xiao Houde the Counselor of the chinese embassy said the program is very important because it reflects the Friendship Between our two  have a special responsibility. You will set an example for your followers Xiao said. The ceremony marked the end of a More than four year Effort to bring the . Program to China. Our presence is definitely a sign of transition in the .-Chma relationship said James c. Flanigan spokesman for the peace  the chinese aspired to impress less developed nations during those years the american Volunteer Agency bore the Brunt of a chinese propaganda attack launched to Blunt the . Effort in  improved after president Nixon s historic trip to Beijing in 1972. But it was t until election night 1984 that the subject of a trial run for the corps was suggested by the  officials had been invited to watch a Broad cast of the . Election returns at the great Wall hotel in Beijing. A chinese official approached an american official saying there was interest in the peace corps  is the first such program in a communist country and we re very hopeful that it will be a relationship that is a Long term one Flanigan said. Although the chinese initially asked for some 800 volunteers it was decided that the emphasis should be on Quality program Over a Large number of volunteers Flanigan  chinese have requested English teachers for the trial run and if both sides find the two year program satisfactory other types of volunteers in health Agri culture or other technical Fields might be used the spokesman  volunteers have been chosen for the training program which includes three months of study in language culture and technical arts. By mid August 20 of the trainees will head for the heart of the Middle kingdom Chengdu in Sichuan province where they will teach English at three colleges and two  said the group is composed of a variety of americans ranging from some chinese americans to a cuban american and even a former College presi Dent. The spokesman noted that the program set up to prepare for the chinese entry was different in that the trainees had their tutoring in , the peace corps trains its volunteers in the Host country in order to ease their transition and better their language skills. Flanigan noted that despite the demonstrations and political uncertainty that has gripped China in recent weeks the trainees have sever Al months to prepare and by then things May shake Down a Little. 88 foreign investments in . Firms set record Washington up foreigners spent an unprecedented $65 billion to acquire or establish business in the United Stales up sharply from $40.3 billion in 1987, with the largest investments made by the British and japanese the Commerce department said thursday. As in past years the British were the largest foreign investors in the United Stales with a record $21.5 billion in 1988. Up from $15.1 billion in 1987. The Commerce department s Bureau of eco nomic analysis said. Of 12 major foreign investments of $1 billion or More each in 1988, four were made by britons in insurance pub Lishing construction and wholesale Trade. The japanese were the second with $14.2 billion in 1988, another record up from $7 billion in 1987. The Bureau noted that like the Brit ish the japanese made four of the 12 investments of $1 billion or More three in manufacturing and the fourth in serv ices. Japanese outlays in real estate were sizable but reflected Many smaller in vestments rather than a few Large ones. Canadians were third with another unprecedented sum $10.4 billion up from $1.3 billion in 1987, concentrated in re Tail Trade and food products. . Business acquired by foreigners in 1988 had assets of $116.7 billion employed 643,106 workers and owned 4 million acres of land. . Businesses to abolished by foreigners in 1988 had As sets of $10.1 billion employed 33,871 workers and owned 354,130 acres of land according to the report. Ellen m. Herr. An economist with the Bureau said last year s foreign invest ments followed an upward trend started in 1984 As a result of the Dollar s depreciation which made . Assets cheaper to foreigners. Herr said the Trade act of 1988 also might have spurred foreign investment by giving the president authority to Block foreign investments or takeovers. For Eigners May have acquired . Busi Nesses during 1988 in anticipation of such restrictions. Pihur factors that have made the United states attractive to foreign investors were continuous economic growth and political stability an advanced technological base and the wave of corporate restructurings Herr said. Also foreign investments reflect the strategy of Large foreign multinational companies to expand and diversify beyond their Home markets she added. Foreign investments in . Manufacturing were $31.6 billion in 1988, up from $19.8 billion in 1987, with More than a half in other manufacturing mainly publishing and rubber products the Bureau said. Foreign investments were $6.9 billion in machinery production up from $2.8 billion in 1987 $3.3billion in primary and fabricated metals up from $1.1 billion and $2.9 billion in food Down from $4.2 billion. Outside manufacturing outlays were the largest in retail Trade at $8 billion up from $1.2 billion in 1987, and in insurance at $5.8 billion up from only$165 million in 1987. In each sector out lays were mostly accounted for by one Large investment the Bureau said. Foreign investments in the Oil sector surged to $4 billion from $1.1 billion in 1987. In wholesale Trade foreign invest ments Rose to $2.3 billion from $1.3 Bil lion in 1987. In banking they advanced to $1.8 billion from $924 million. Foreign investments decreased in services to $4.7 billion from $7.6 billion in 1987, and in real estate to $2.8 billion from $4.8 billion. Other major investments in the United states during 1988 came from France $3.8 billion up from $2 billion in 1987 the Netherlands. $1.9 billion up from $391 million and Australia $4.2 billion up from $2.7 billion in 1987, according to the report