European Stars and Stripes (Newspaper) - October 7, 1990, Darmstadt, Hesse Sunday october 7, 1990 the stars and stripes president vetoes textile import Bill claims it would Hurt Economy hike prices Washington up a president Bush vetoed a Bill to limit imports of textiles clothes and shoes Friday. He said the measure would Hurt the Economy Lead to increased prices for americans and violate International Trade agreements. A it would also reverse the tremendous Progress we Are making to generate a global economic Renaissance a Bush said in issuing the 14th veto of his administration. Thus far Congress has not been Able to override a Bush veto and it appeared this one also would stick. The House gave final approval to the Bill on sept. 19. Backers said the legislation was needed to protect the . Textile and shoe industries from growing foreign Competition. Bush in his veto message to Congress said a economic indicators illustrate that the problems this Bill is intended to address do not exist. Despite assertions to the contrary the textile Industry has done the Senate passed the Bill with enough votes a 68-32 to override a veto but the House tally a 271-149 a indicated an override Effort would fall Short. In 1985 and 1988, former president Reagan vetoed similar Bills and was sustained. Sen. Ernest Hollings d-s.c., said through a spokesman a it wont be easy but in a hopeful that this veto will be overridden. The survival of the textile Industry is at _ the legislation would allow Only a 1 percent annual increase in textile imports and would freeze imports of non rubber footwear S.C. As leather shoes and sneakers at their 1989 Levels. The Bill Drew support from both democrats and republicans who said it was necessary to save the . Textile and footwear industries with 2.1 million workers from extinction at the hands of unfair foreign competitors who pay their workers Low wages and receive subsidies from their governments. A we just want fair Trade. Free Trade does no to work. Its fair Trade that works a sen. Strom Thurmond r-s.c., argued during debate on the Bill. Supporters said imports now account for 60 percent of the textiles and 80 percent of the footwear sold in America. The growth in imports has Cost half a million jobs since 1980, they said. Opponents of the Bill also from both parties said quotas would boost costs for Consumers while inviting retaliation against . Exports particularly agricultural products. They also argued it was illogical to protect a a inefficient industries. They said the United states should instead seek to relax Trade rules to help growing sectors of the Economy in foreign markets. Bush in agreeing with the Bill a foes said the textile apparel and footwear Trade act of 1990 a is simply not the Panacea advertised by its a instead a he insisted a it is blatantly protectionist unwarranted economically harmful and internationally Bush said a we already have very effective Laws that provide remedies to unfair Competition from furthermore he said a your Best Hope of opening new markets overseas and for sustaining our textile and apparel industries is not this legislation a but the Uruguay round of global Trade talks now in their a critical final More than 100 nations Are involved in these discussions. Bush also charged that the Bill would be a reprehensible at a time when the United states highest International priority is to strengthen International a Many of the countries whose interests would be damaged. Such As Turkey and Egypt arc ones that have cooperated effectively in resisting iraqi aggression in the persian Gulf a the president said. He also said the legislation would pick a the pockets of . Consumers in order to subsidize the textile Industry at a Cost of $70,000 annually per Job . Orders cleaner lighter fluids briquettes Al Monte Calif. Apr air Quality officials Friday ordered makers of charcoal lighter fluid to produce a cleaner burning product by 1992 or face a ban on barbecues so favorite fuel. The air Quality management District trying to clean up the skies Over the los Angeles area voted 10-1 to impose strict standards on lighter fluid and self starting charcoal briquettes. Experts say lighter fluids contribute More harmful emissions than Many people think a an estimated 2 tons per Day of smog forming hydrocarbon emissions. That a a Little More than the average Oil refinery belches into the air. On a hot summer Day fluids can Emit up to 4 tons of emissions. The lighter fluid Rule requires manufacturers to drastically reduce lighter fluid emissions and bans the Sale of fluids exceeding the new limits As of Jan. 1, 1992. Merchants who violate the Rule face fines As High As $25,000 per Day. The new limits would reduce the allowed emissions of volatile hydrocarbons trom .09 pounds per a Barbecue events to .02 pounds. According to the Barbecue Industry emissions from fluid and self starting charcoal represent 0.2 percent of the total emissions in the los Angeles Basin less than the Abmd contends. Cars Emit 31.5 percent of the total. Australian Tony Higson uses an alcohol based lighter gel As air Quality management Board chairman Norton Younglove left and Board member Marvin Braude watch. Board member Mike Antonovich the Only one to oppose the plan called it a waste of time and said it placed an unfair Burden on store owners. He said backyard chefs could get around the plan by buying lighter fluid at stores outside the District. The Rule does no to set any penalties for using the lighter fluid just for Selling it he said. A instead of aiming our big guns at the automobiles. We re nuking the Barbecue a Antonovich said. The Barbecue Industry opposed the fat Lan and asked for More time to Reform ate its products. But Board members said the Industry has had plenty of time to improve its lighter fluid and that it still has a Chance to reformulate its products. A a in be been trying to clean the air for 20 years. Where be you been a asked Board member Marvin Braude representing los Angeles county. A you could have done it last year the year before or five years Braude Drew hisses from the audience when he Cut off Meehan in mid sentence and said he did no to want to hear from the Industry representative any More. Speakers included a condominium owner who said his Complex had banned lighter fluids because elderly residents were getting ill and a Campground operator who urged the Board to continue Selling lighter fluids because other methods he said were dangerous. Sales of savings Bonds up 1 % to $7.77 billion Washington up a sales of . Savings Bonds totalled $7.77 billion 990, a 1 percent increase Over i u Bol Jon sold in fiscal 1989, and the Best showing in three years the Treasury department said Friday. The fiscal year ended sept. 30. During september sales of the series be Bonds totalled $544 million More than 16 percent below Augustus total of $653 million but 3 percent above the september 1989 total of $528 million. The value of savings Bonds held by americans Rose 7 percent during the year finishing at an All time High of $123.91 i no no a up from $117.7 billion in fiscal 1989, the Treasury department added. Savings Bonds held five years or longer earn a Market based interest rate which currently stands at 7.01 percent and is changed twice a year. The next adjustment will occur nov. 1. Before 1982, interest on the Bonds which is exempt from state and municipal taxes was fixed. The government guarantees a minimum Market based rate of 6 percent on the Bonds which Are sold through financial institutions and payroll deduction plans in denominations ranging from $50 to $10,000. The Purchase Price of a savings Bond is equal to half of the Bonds face value. The United states Sells Bonds to raise Cash to meet its obligations including interest on the National the stars and stripes 40 years ago today. Oct. 7, 1950 a a debate began in the United nations Over whether to allow Gen. Douglas Macarthur Sun forces to Aid South korean troops in North Korea. Soviet delegates accused the United states of trying to impose its influence on South Korea.30 years ago today. Oct. 7, 1960 a cubans armed forces ministry said a 27-Man Force including some americans landed on the islands East coast and headed into the mountains. Three members of the Small Force were said to have been killed in a Brief skirmish with cuban soldiers.20 years ago today. Oct. 7, 1970 a the House appropriations committee announced that it will Cut $2 billion from the department of defense a $66.7 billion budget.7 0 years ago today. Oct. 7,1980 a the Carter administration announced it will Send additional men and equipment to the fringe of the Iran Iraq War zone to protect . Interests in saudi Arabia
