European Stars and Stripes (Newspaper) - January 8, 1991, Darmstadt, Hesse                                Tuesday january-8, 1991 the stars and stripes Page 5nixon links Gulf War to economic interest new York tap the United states will not be fighting for democracy but to safeguard an area of vital economic interest if it goes to War with Iraq former president Nixon said in an article published sunday. In an Pimon Page article in the new York times Nixon said Kuwait was not a democracy before it was annexed by Iraq five months ago and it wont become one even  United states fights and restores the Emir of Kuwait to his throne. The United states also cannot justify ousting iraqi president Saddam Hussein because his troops have killed raped and tortured kuwaitis. A if our policy were to punish cruel leaders we would not be Allied with Syria s president Hafez Al Assad a Nixon wrote a the ordered the massacre of 20,000 innocent people in the City of Hama in his own  but Nixon said Saddam has a unlimited ambitions to dominate one of the most important strategic areas in the world a and the United states has vital economic interests to defend in rolling Richard Nixon Back iraqis invasion he wrote a if we do not Stop him now we will have to Stop him later when the Cost in Young american lives will be infinitely greater a he wrote. Governor outlines plan for bailout of closed . Thrifts Providence r e a gov. Bruce g. Sundlun on sunday outlined a plan for the state to bail out la Rhode Island Banks and credit unions that have failed to obtain the Federal insurance they need to reopen. The plan which must still be approved by the 11 closed credit unions and live Frozen Banks would allow depositors to make withdrawals on a gradual basis starting Jan. 21, from the $1.5 billion in Frozen funds in those institutions. Eventually about three quarters of the depositors in those institutions would recover most if not All of their deposits he said. A. A the governor proposed a new stale Agency called the depositors economic Protection corp. To take Over the assets at the closed institutions. Nine  local Banks have agreed to loan Deco up to $150 million taking As Security the assets of the closed institutions he said. Depositors at the 16 institutions could then retrieve half their savings accounts up to $2,500 and $ 10.000 from their checking accounts. In the next two weeks the Banks would examine the assets at the dosed ins Titu Lions and determine what they Hicho buy and How much they arc willing to pay. Sundlun said the proceeds Furdin i3ep-. Cd s Sale of the assets should generate Frugh to pay off the $150 million loan. Deco would continue to manage the remaining assets a of the closed institutions. Their assets would be sold and the Money made available to depositors ire a. Said. A \ a a a. Sundlun said he did not think the Sale of the assets would equal the amount due to depositors. The Short All he said would be covered Over the next few years by any performing assets and by Money irom the states general fund. The governor also announced sunday that All 22 credit unions that have been granted Federal insurance by the National credit Union administration would reopen monday. Calif City of 360,000 facing loss of Only daily newspaper by the los Angeles times Oakland Calif. A As the Oakland Tribune a publisher imposed an ii percent pay Cut in a drastic move to save the Bay area newspaper some Community leaders and employees were growing More pessimistic that this City a Only daily newspaper can survive. If the 117-year-old paper folds Oakland with a population of 360,000,would become the largest City in the United states without its own daily newspaper. In a a dear colleagues letter last week editor and publisher Robert c. Maynard announced the mandatory pay Cut for All employees who earn More than $25,000 a year. -.����?�. A -. A a a Maynard who took a 20 percent pay Cut last summer said the reduction will be reflected in the next paychecks a a a a Tribune reporter earning the top minimum wage of $700 a week will Start seeing $77 less in Gross weekly earnings or $4,000 less per year. Maynard has been trying unsuccessfully for years to reverse the paper s fortunes. Last year he reduced staff by 25 percent bringing the number of employees to about 500.but while financial problems deepen the paper continues to aggressively cover the Many foibles of City government and the other Public institutions. Without the Tribune Oakland would a become Bac Page news in the san Francisco chronicle and examiner said Tim gallon whose Public relations company represents the major Developer of Oakland s downtown Urban  need our own  but whether the Tribune can find a formula for Finan rial Success becomes More doubtful the longer its problems remain. Union members Are negotiating with Maynard Over terms of a new contract. The old contract expired dec. 31, but there seems to be Little Chance the unions will preserve their wage level and Maynard says a strike would kill the newspaper. He said there will be some staff reductions in some areas of the paper but added that the numbers will not be major. The Tribune Sells about 121,500 copies a Day making it comparable to a Large suburban paper. From septem Ber 1988 to september 1990, the Tribune a daily circulation plunged by 18 percent or roughly 27,000. The Tribune a demise would silence a voice that has reflected this important part of Northern California for More than a Century. For decades the paper was owned by the late California sen. William f. Knowland one of the most powerful republicans of his time and to mirrored his views. During that Era from the 1940s through the mid-1970s, Oakland was run by a White conservative Republican establishment. Today Oakland a population is two thirds minority the civic leadership is integrated and the elected officials All Are  Heater tied to 3 child deaths Newark . Apr police Are considering whether to tile charges against a baby Sitter alter an illegal kerosene Heater started a lire Early sunday that killed three children and left a fourth in critical condition the fire started when someone lit the healer on the second floor of a three Story House said Robert Swales head of the City a emergency management. Kerosene Heaters Are illegal in Newark but Are available in nearby cities. Mayor Sharpe James said he will push for a statewide ban on them. The children Ages 2 to 7, were asleep on the third floor of the House. Firefighters tried to revive the children but Only 4-year-old Emanuel Torres survived. He was listed in critical condition sunday. Their baby Sitter identified by police As the children a aunt Sonya Tirado reportedly left the apartment sometime before the fire started said Newark police director Claude Coleman. He said she was with her Boyfriend either on the second floor or nearby. The Boyfriend Hector Vargas suffered second degree Burns when he tried to go into the apartment to Rescue the children Coleman said Coleman said lie was satisfied the fire was an Accident but he said Tirado who is in her 30s, could face child neglect charges. He identified her As a sister of the children smother. A the fire also spread to die House Sievi  said leaving 38 people mall homeless. Blamed for Oil spill near Tacoma Tacoma Wash. Apr an under me Cement Bay More than a mile away ground pipeline used to offload Oil from a booms were rigged around the spill ship docked near puget sound apparently and there was no immediate danger it ruptured sunday spilling an estimated would seep into the Bay dab Rock said. 400,000 Gallons of Oil into a drainage ditch. There were no immediate reports of damage to wildlife officials said. A Small amount of the alaskan crude seeped into Blair waterway where the ship was docked said Bill dab Rock administrative services manager for . Oil and refining co. A i done to think its  the water us leads to the sound s com Crews used Oil booms and other material to prevent the Oil from seeping into the waterway ecology department spokesman Ron Holcomb said. Vacuum trucks hired by the company were being used to remove the Oil from the ditch. A we have the entranceway to the ditch triple boomed and have a Skimmer there standing by a dab Rock said. A if anything gets in there Well skim it out right  in the stars and stripes. 40 years ago today. Jan. 8, 1951 a Scotland Yard announced it Hail i Uiki a plaque that it believed had been attached at the Bottom of Britain s Coronation chair just above the missing scone Stone. The Small Oak plaque was discovered on a site near London s Weium Star Abbey from which the Stone was stolen. A 30 years ago today. Jan. 8, 1961 a president Eisenhower bid i Gordon ga., where troops put on a review Lor receive in my life a he said. 20 years ago today. Jan. 8, 1971as part of an Overall  reduction april 1 discharge of about 25 percent of its la copier pilots. 7 0 years ago today. Jan. 8, 1981 a military police reports in Usa eur and Safe showed larceny to be the top crime with More than 13,000 personal property thefts reported in 19s0. He Aimy a sentimental him. A this is the last n Orwell at f Ort Lew 1 Hall Ever the Arion announced the