European Stars and Stripes (Newspaper) - August 1, 1990, Darmstadt, Hesse                                Is authorized unofficial. Publication for the . Armed forces &��jsjbm8& rm6miftgfc vol. 49, no. 109 wednesday August 1,1990 a a 25 daily and sunday d 8693 a strike three for Yankees Steinbrenner a Page 21 s new has gis feeling Blue Sas hold Gus Satiu Etolier pfc. Jerry Shackelton gives the the jambs Down sign to the Dollar s new postwar record Low. By Randy Mcclain financial writer Frankfurt West Germany a u. Col. William r. Anderson was mad when the Dollar fell below 1.60 Marks. Now he a furious. Anderson a dentist with the 122nd medical Del in Frankfurt watched helplessly along with thousands of other americans in West Germany on tuesday As the Dollar tumbled to 1.56 Marks the lowest military  since the end of world War ii. The previous record of 1.57 Marks was last set Jan. 5, 1988. A i wonder How the lower enlisted Soldier can make it a said Anderson who along with most other . A service members has drastically Cut Back on spending West German Marks during the dollars extended weak spell this year the Dollar has fallen 22 percent in value against the Mark since june 16, 1989, when it was Worth 2.01 Marks and it shows no sign of reversing itself. Since the Berlin Wall cracked open last november the Dollar has lost 14 percent of its punch. The Greenback reached its Low ebb tuesday because of investors fears that interest rates in the United states Are on the Way Down. Gunter Tsieh the currency analyst with the Bank of Boston in Frankfurt said foreign Exchange markets were swamped by a Rumor that several . Banks Are on the verge of cutting their prime lending rates. That drove the Dollar lower As investors scrambled to Pul their Money into higher yielding currencies. The prime rate the rate that commercial Banks charge their biggest and Lxi St customers on Loans now  10 percent. But currency traders have been speculating for weeks that a reduction is on the Way to ease a credit crunch hampering Large american corporations. _ Many economists also Are saying that a unified Germany will soon become the worlds no. I economic Power and investors arc hungry to own Marks rather than dollars so they can take part in the Good times see Greenback on Back Page House attacks Croton base in funding Bill \ by Chuck v1ncii Washington Bureau Washington a the House has approved an $8.3 billion military construction appropriations Bill that provides $250 million in nato infrastructure funds a on the condition that none of it be used to build a planned air base at Croton Italy. After powerful House appropriations committee chairman rep. Jamie Whit ten d-miss., sharply criticized spending for the base on monday lawmakers approved an amendment to Block All funding for the project in fiscal 1991. Whitten expressing the views of Many lawmakers said Congress should use dwindling construction funds in the United slates rather than spend Money on overseas bases. A the Croton base goes far beyond anything we have in this country a Whit ten said in remarks on the Houise floor. The base would be used to House the 401 is tac fighter Wing which must leave its current Home at Torrejon a Spain by the end of 1992 at the direction of the Spanish government administration and Pentagon officials have defended the base which would Cost an estimated $800 million As crucial to natos Southern flank. Congress approved funding for the project last year but capped the . Share of expenditures at $360 million. ? a at a news briefing tuesday Pentagon spokesman Pete Williams called the Cro Lone project a the finest example of nato Burden sharing the allies have Ever agreed  he also questioned whether Congress has the authority to limit How Nat can use the . Funds that make up about 28 see Croton on Back Page moslem radicals free Trinidad s t a a a a a i prime minister port of Spain Trinidad apr moslem radicals freed prime minister Arthur . Robinson on tuesday four Days after they took him and 40 other people hostage in a coup attempt the attorney general said. I _ _. The other hostages including 15 Cabinet members were still being held. Attorney general Anthony smart said on state radio. He refused to say what conditions led to Robinsons release. Prior to smarts announcement there were reports about a possible Deal Between the government and the moslem radicals led by former policeman Abu Bakr. Bakr said Robinson had agreed to step Down and that elections for a new government would be held within 90 Days Robinson announced the same Deal monday night during a Telephone Call to journalist Flom inside parliament. Lie also said lie had agreed to Grant his captors amnesty and denied being coerced into making the Deal. Robinson left the parliament budding at l a p.m., according to smart. Quot he is in Good spirits a a smart said. Quot we continue to Pray for the sate return of the rest of the hostages. Robinson and the others cd so i / c Kyj i  ii i extremists who accused him let or up go  demanded lie resign. Robinson sure ecu  t we anus see Trinidad on cack Pae  a a a a a a a or. A. A k it a a a its. V Vij a 1 1 l. Pc 4 hmm 1 1 \ footloose and going nowhere two pairs l,.ffeet in comfortable elevated positions Are visible through the open doors of trucks during an extended traffic Jam after an Accident on a West German autobahn. The la hour  of uitus is on a Highway near Ger Noxheim. J raffle jams Are common  Days during the Peak tourist season