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Publication: European Stars and Stripes Friday, January 4, 1991

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     European Stars and Stripes (Newspaper) - January 4, 1991, Darmstadt, Hesse                                Friday. January 4. 1991 the stars and stripes Page 5r.l. Depositors scramble top it by Bills Providence . A distraught depositors wondering How  pay then Bills trooped to the state s closed financial institutions wednesday finding doors locked Teller machines shut Down and state police on guard. A How arc you going to pay Bills How Are you going to manage a Evelyn Skillings said outside an East Providence credit Union Branch. Three hours after his inauguration tuesday gov. Bruce g. Sundlun declared a Bank Holiday for 35 credit unions and 10 Banks alter their private Deposit insurer asked for state conservatorship. Sundlun announced wednesday that seven of 45 financial institutions will reopen next week. Forty three Banks and credit unions with Federal insurance opened As usual. Depositors wanted to know How and when they were going to be Able to get at their $1 7 billion in 300,000 accounts that had been insured by the Rhode Island shiite and Deposit indemnity corp. R1sdic. _ a a in a More worried than i was last night. Reality has set in a depositor Manuel f. Phillips said As he stood outside the East Providence credit Union. Phillips said lie had written a $3,000 state police detective Kevin Hopkins opens the door at the Rhode Island state employees credit Union in Providence to let an employee inside. Credit Union customer John Fiorio gestures As he asks about his credit card. Check last week for a cruise and hoped it would not Bounce. He blamed what he said w As lax state regulation. Angry lines of depositors had already formed at some automatic Teller machines tuesday but messages printed in English Spanish and portuguese told them they could not withdraw Money. A special Telephone line set up by the state business regulation department was swamped with Falls. Examiners from the National credit Union administration and the Federal Deposit insurance Coro Ami state regulators met at Sundlun s office. Nacua spokesman Robert a coitus held out Hope Tor a Quick decision about which institutions would qualify Lor the Federal insurance. But putting the 35 closed credit unions Back in business could take a while because they made Many More commercial Loans than their Conn Tei parts across the country. A i he Type of Loans that they be participated in Are not Loans that the mom and pop credit unions throughout the country handle a said Joseph Bellucci Chan Man of r1sdic, the private insurer and president of the Providence 1 eat he is credit Union. A a 1 hese Are a More like Small Banks than credit unions a new . Mayor Dixon pledges honest Deal from wire reports Washington a Sharon Pratt Dixon promised washingtonians an a honest deals after she was sworn in wednesday As the . Capitals third mayor since Congress granted it Home Rule 17 years ago. In inaugural ceremonies that Cost $500,000 and were attended by Many of the nations most prominent Black politicians Dixon vowed to a move our City beyond the troubles of drugs and crime racial polarization and the mounting financial  a. Dixon succeeds Marion Barry a three term mayor who faces a  prison sentence for cocaine  lost a bid for a City Council Post in november after his conviction in August. Dixon a 4fv-year-old political Novice won election last fall with a pledge to rid the nations capital of waste and corruption. She returned to that theme in her inaugural remarks. A we have too few people in the right jobs and too Many people in jobs that  even exist. What the people of Washington want most is an honest Deal a said Dixon one of a Small number of Black women Ever elected mayor of a . City. _ looking on As she took her oath of office on the Steps of the District building were Virginia gov. L. Douglas Wilder the nations Only Black governor Jesse Jackson Ronald h. Brown chairman of the democratic National committee and Gen. Colin Powell chairman of the joint chiefs of staff. A Jackson was sworn in later in the Day in unofficial ceremonies As a a Shadow senator a an unpaid position. From that Post he and two others in a special a a Shadow congressional delegation will try to persuade Capitol Hill lawmakers to Grant statehood status to the District. Quot Dixon became mayor Only a few blocks from the White House but her Eon Cerns will be almost purely local ones ranging from a budget deficit estimated at $300 million a record murder rate and social problems running the Gamut from drugs to homelessness and infant mortality. Earlier in an interview on Abc tvs a Good morning american program she said a i think the people of the District of Columbia arc eager Lor Dixon Chicago apr the Century old victorian mansion that first belonged to Chicago Pickle Packer Wilhelm Henning won a 1990 great american Home award from the National Trust for historic preservation. A a a the Guy must have made a lot of Money in pickles and decided to build a big House. Pickling was a lot bigger business than it is today a said Philip Pappas the Developer who won the award for restoring the mansion. <7. A Henning who headed a Pickle company bearing his name included quarters for nine servants a stable stained Glass windows and intricately carved wooden door frames and ceilings when the House was built Between iss7 and 1895. During the great depression the owners converted the building into a 22-unit boarding House and covered its sliding doors and fireplaces with drywall. Real  she said they want a restoration of a Basic values such As a commitment to Public service and investment in youth programs. A the City was crying out for a different kind of leadership a Dixon said when asked if the City a problems were Barry s fault. A the was Tine in his. Time but things had changed. The other of the Day had become too much quid pro quo too much  y a Dixon a former Utility company vice president and democratic National committee treasurer has promised to slash City spending by cutting 2,000 mid level management jobs. Last week she restated her Campaign pledge not to raise taxes. She has already met with congressional leaders in Hopes of winning an increase in the Federal governments annual payment in lieu of taxes. The payment has been Frozen at $430.5 million for the past six years in part a reflection of congressional unhappiness wit picked for prize a in 1989, Pappas outbid a Church and a Bowling Alley that wanted to bulldoze the mansion for a parking lot. When Pappas peeled away the drywall he found Many of the times original features perfectly preserved. A my Hammer went through and i saw a carved corinthian Quot capital through a Hole in the Wall so i started pulling Down the Wall and found a massive fireplace 11 feet High a Pappas said. The front parlor yielded a stained Glass window depicting a Sun encircled by.52 jewels one for each week of the  would not say How much the restoration Cost. But he estimated that 50 people worked four months on the project. The House was one of 15 chosen from More than 100 entries in 28 states. Barrys administration. The City a murder rate is another a pressing problem a record 483 people were killed in the nations capital in 1990 and police say drugs have played a declining role in the Murber of slayings. Dixon has promised to put More police officers on the streets rejecting suggestions from a Blue ribbon advisory panel that police positions be Cut to save Money. The City school system is struggling under an interim superintendent following allegations that the former superintendent submitted fraudulent enrolment totals to get extra Money for the school system. Dixon also will be looking Tor a Way to Cope with the City a burgeoning homeless problem and come up with ways to reduce an infant mortality rate that is higher than that of Mauritius Uruguay and some other Hurd world countries. Incoming City Council chairman John Wilson and five other Council members were also sworn in. Most of the Cost of the gala at the refurbished Union station has been raised through the Sale of tables seats and suites. I he Box seats Cost $1,500 and , scat-ing48, Cost $50,000, according to inaugural of Licals. Barry s last inaugural which lasted four Days Cost $250,000.\ a Sands of  Vav t i. A a it it a Vin the stars and stripes 40 years ago today Jan. 4, 1951 a the 8th. Army begun abandoning Seoul withdrawing under the pressure of a  a old chinese communist frontal assault combined  a wide flanking move in the East by mongolian  Quot 30 years ago today. Jan. 4, 1981 a leaders of five Africa males and tie Premier of the algerian rebel regime were on hand for their Summit conference in. Caux Bluco. M Rocc g with president Gama Abdel Nasser of the United Arab Republic easily stealing the Welcome. .20 years ago today. Jan. 4, 1 by a a scottish authorities Oid Rcd  inquiry into the deals out it soccer fails utter Britain a worst sports i Ceder. A a �?T10 years ego today. Jan. 4, i m l a i Tehran radio said it com Ltd Quot totally improbable that the hostages would be treed under president Carter and warned the a zionist clique of Reagan that unless the president elect came up with an immediate solution he would be making a great mistake  
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