European Stars and Stripes (Newspaper) - September 25, 1989, Darmstadt, Hesse D cease fire brings Beirut Back to life Page 2 q Navy launches two More Iowa blast probes Page 5 d demos Hope to burst tax bubble1 Page 9 d notre Dame Miami win in College football Page 23 the stars and stripes authorized unofficial publication for the . Armed forces vol.48. No. 161 monday september 25, 1989 a of Good Morrin d 8693 a drive to lower Dollar vowed group of 7 will act if necessary Washington a finance officials of the world s seven largest economic Powers have expressed dismay at the persistent increase in the value of . Dollar this year and pledged to take coordinated action if necessary to drive the currency lower. In their first meeting since april the finance ministers and Central Bank governors of the group of seven the United states Japan West Germany Britain France Canada and Italy on saturday also praised historic developments in Eastern Europe and prom ised to help countries such As Poland Wilh Market Reform. The g-7 talks were being held before the Start of the annual meetings this week of the if and its sister lending organization the world Bank. The group stepped up rhetoric about curbing the Dollar whose Rise threatens to derail improvement in the . Trade deficit. The group expressed similar concern last Spring but the tone of the statement released saturday was considerably stronger holding out the threat that if the Dollar rises any further the economic Powers would intervene together in world currency markets. The ministers and governors consid ered the Rise in recent months of the Dol Lar inconsistent Wilh longer run economic the group said in Atwo Page communique released after the eight hour meeting. They agreed that a Rise of the Dollar above current Levels. Could adversely affect prospects for the world Economy. And agreed to cooperate closely in Exchange markets the statement said. Treasury Secretary Nicholas Brady see Dollar on Back Page Bush agrees of arms Summit in . Soviet foreign minister Eduard Shevardnadze. Celebrating successful talks Wilh Vodka from Lre reports president Bush announced saturday that he will meet with soviet Leader Mikhail Gorbachev next Spring or Early summer at a Summit in the United Stales. Bush summoned reporters to a rain soaked Golf course in Maine where he was spending the weekend at the family Retreat to make the announcement. He said Secretary of state Jamesa. Baker Iii and soviet foreign minister Eduard Shevardnadze arranged the Summit during their two Day meeting in Jackson Hole Wyo. It s Good news and i m very pleased at what the Secretary has been Able to accomplish Bush said. He said he hoped the Summit would move both governments toward further arms reductions. It s not my View that summits must have arms control Bush said but we re going to be working toward them with full Faith going Forward in every Way to achieve further arms reductions. That s been a goal of mine for a Long time. I thin kit s a goal of or. Gorbachev and so i would say that there s a Chance for agreements of that separate announcements in Jackson Hole Shevardnadze and Baker said they had completed half dozen accords. Soviet agreement to move ahead despite its objections to the Star wars strategic de sense program cleared a major Roadblock to a treaty on slashing Long Range nuclear weapons. Baker interviewed sunday on the lbs television network program face the said the soviet Retreat on Star wars shows the Merit in sticking of your negotiating position when you believe you re think this is a positive development and would mean we could have a Start Long Range nuclear missile treaty negotiated and implemented without having a dec Csc to space treaty he said. But Baker refused to be pinned Down on when a Start treaty might be said that although the diplomatic climate is warmer the military threat has not diminished if you look at it just in terms of military to think it would be really quite naive for the United states to talk about unilateral reductions of its strategic nuclear Baker said the United states would respond in detail to the soviet proposals for moving Forward on Start treaty negotiations when .-sovict talks reopen sept. 28 in Call from Baker saying the Summit was on reached Bush As he and his Golf partners National Security adviser Brent scowcroft and club pro Ken Raynor were caring the ninth Green of the Cape Arundel Golf club in a steady rain. Bush took the Call on a portable Telephone after teeing off on the loth Hole and summoned umbrella toting reporters and photographers to the Fairway to see Summit on Back Page thousands of Hurricane victims getting Aid a shocked Elaine Barto inspects the ruins of her Hurricane destroyed Home saturday at Folly Beach . Charleston . A residents in this storm ravaged City lined up for blocks sunday to get a hot meal and churches around the state began collect ing Money food and clothing to Aid the thousands of victims of Hurricane Hugo s Wrath. With Power out a third Day Many residents were unable to Cook food boil water for drinking or even get Cash from electronic Bank Teller machines. At stores that managed to open lines snaked for As Long As fou hours. The City late saturday enacted an emergency Law to Stop Price gouging. The american red Cross had 32 lunch wagons distributing hot food to people in Charleston on sunday said Brian Ruberry Media manager of the organization. The red Cross bought the food and Church Mem Bers were cooking it at the Citadel Square Baptist Church Ruberry said. A line of people waiting for food stretched three blocks. A prayer service was scheduled sunday at St. Philip s episcopal Church a 17th-Century Church that lost a door and a Copper roof As the storm hammered the City late thursday and Early Friday. At St. Andrew s episcopal Church in mount pleas ant across the Harbor from Charleston people were hugging one another on the portico As they gathered for see Hugo on Back Page
