Page 6
THE BATTALION
FRIDAY, NOVEMBER 2, 1979
Chrysler loan is proposed
United Press International
TULSA, Okla. — Texas Gov. Bill
Clements says he is working to build
the GOP so it can challenge Presi
dent Carter s re-election bid, but he
says he will not endorse a Republi
can candidate until after the
primaries.
“I want to be sure Mr. Carter is
not re-elected,” Clements told re
porters Wednesday following a
speech to Tulsa County Republi
cans. “I want to retire him.”
Referring to Republican candi
dates John Connally and George
Bush, Clements said he would not
endorse a Republican presidential
contender before the primaries.
“I do not support anyone, but
John Connally and George Bush are
good friends,” he said. “No way will
I get between these two good
friends and these two good Texans.”
Clements said he does not think
Sen. Edward Kennedy, D-Mass.,
would be a “bigger threat” than Car
ter to the Republicans’ chances of
electing a president.
“Mr. Carter will be a tougher op
ponent in Texas than Mr. Ken
nedy,” he said. “In Texas, in my
judgment and I can only speak for
Texas and not the rest of the coun
try, Mr. Carter will be the tougher
opponent.”
Clements also said he felt lawsuits
against SEDCO, the drilling com
pany he founded which does busi
ness with the Mexican oil monopoly
PEMEX, were politically
motivated.
Oil spills from PEMEX’s Ixtoc I
well in the Gulf of Mexico drifted
onto Texas beaches during the
summer causing several million dol
lars in damage.
“I really think it (damage claims)
should be a matter between the
Mexican government and the U.S.
State Department,” he said. Cle
ments said he was not reluctant to
talk about the SEDCO suits because
his financial holdings, including
SEDCO, have been placed in a
blind trust.
Clements said he also favors a
proposal that Texas, Oklahoma, Ar
kansas and Louisiana hold a regional
presidential primary on the same
day.
“Our primaries come so late they
don’t have the political impact they
should,” he said.
Baker’s in running;
9 GOP candidates
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United Press International
WASHINGTON - Senate Republican leader Howard Baker claims
he has the broadest base of support among all candidates and Thurs
day he announced he will seek the Republican presidential nomina
tion.
Supporters packed the historic Senate Caucus and heard Baker call
for a “new generation of confidence in the United States” and
“guarantee” that he can beat either President Carter or Sen. Edward
Kennedy in November 1980.
Baker’s wife, son, stepmother and daughter-in-law were at his side
and many of his Senate colleagues also attended. One of them. Sen.
Paul Laxalt, R-Nev., is Ronald Reagan’s national campaign chairman.
The 53-year-old Tennessean called Reagan “the clear frontrunner”
for the nomination and added, “I am convinced I can overtake the
frontrunner.”
Baker said he would enter all the primaries and said he would have
to start winning “by the middle primaries” if his campaign for the
nomination is to succeed.
The Senate GOP leader said Carter is not a “pushover” and pre
dicted a wholesale bloodletting on the Democratic side next year.
Baker’s formal entry into the race after almost two years of cam
paigning brings the number of declared Republican candidates to
nine.
Connally flaunts fun
from Reagan s domm
United Press International
LOS ANGELES — Republican presidential
contender John Connally boasts that he raised
more than $1 million in four days — in California,
home of the GOP front runner, Ronald Reagan.
And if that doesn’t impress Reagan, it should,
the former Texas governor said Wednesday.
When reporters commented that Reagan’s staff
minimized the importance of Connally’s fund
raising foray, Connally replied:
“I’d be impressed if he came into Texas and
raised a million dollars right in my backyard. And,
if he’s not impressed, I don’t know what it will take
to impress him.
Connally wound up the tour, which began at a
picnic in Fresno Sunday and included a dinner in
San Francisco, with a $l,000-a-plate fund raiser at
the Century Plaza Hotel Wednesday night at
tended by more than 750 Republicans.
The dollar support he attracted should show
that “I am not here for practice or a rehearsal,” but
to do serious battle with Reagan, Connally told the
audience.
Reagan is far out in front of other candidates for
the GOP presidential nomination, according to
most political observers and polls.
The dinner crowd included Lt. Gov. Mike
Wont say until after primary
ome T'
cadets will
grade poinl
got free tu
by a gang c
Curb, a co-chairman of the Reagan campaig officers art
also attended the fund raiser Tuesday nightt decree st
Francisco. thi mgh th<
Curb said he attended in the spirit of Technology
ity, and Reagan “would want to see his suppJMSecond 1
do everything possible to see the party jtht 20 vole
after the primary.” who need
Connally defended his Middle East peachy Maj. D(
from increasing criticism by Jewish groups,«key i- s P art
fleeted at a news conference Wednesday bijgent that t
protestors shouting, “Hitler, Connally-^subjects.
Again,” and “Reagan for President.” ■’"Most of
Connally said his proposal, announcedOttion masters
is really a “pro-Israeli stand,” despite tb:doctorates,
cism, especially his call for stationing a U.S these cadel
tary force in the Middle East to forestall a Rr bac helor d<
military “intrusion.” Hrhe AFP
“The greatest hope, the greatest securityfofi'aiy duty a
nation of Israel is for the United States tobogganized
military presence in the Middle East. That'sJMarvin Bis
recommended that we have air components^ Dmiiam ai
air — fields in the Sinai and that we composij nfent.
maintain a 5th Fleet in the Indian Ocean. ■ AFI f st
One of the most controversial proposals-j variety of c
Israel return conquered land to Arab control 0 !problem
has been a part of official U.S. policy for yean! 1 'A ant ^
said. ^BcFerren
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United Press International
LOUISVILLE, Ky. — A woman
has pleaded guilty to a charge of
having sex with a 14-year-old boy
and been placed on probation.
The judge in the case said he be
lieved it was the first in Kentucky
involving a woman being charged
with sexual abuse of a male.
The woman, Vicki Lynn Tingle,
24, of Louisville, was sentenced to
one year in jail Tuesday, but Jeffer
son Circuit Judge Geoge H.
Across from College Station Water Tower
Kunzman suspended the sentence
and placed her on probation be
cause she had served 103 days in jail
while awaiting sentencing.
She was arrested on a statutory
rape charge for allegedly having sex
with the boy in an automobile on
the grounds of a public school on
Oct. 10, 1977. The charge was later
reduced to a count of sexual abuse.
United Press International
WASHINGTON — The adminis
tration Thursday proposed up to
$1.5 billion in federal loan guaran
tees to keep the financially troubled
Chrysler Corp. from going bank
rupt.
Legislation to bail out the No. 3
automaker — which reported a
third-quarter loss of $460.6 billion
— was sent to Congress, where its
prospects are uncertain due to some
lawmaker resistance to providing
federal assistance.
Final details of the plan were
worked out Wednesday night at a
secret White House meeting at
tended by top administration offi
cials, including Vice President Wal
ter Mondale, Treasury Secretary G.
William Miller and Labor Secretary
Ray Marshall, as well as United
Auto Workers President Douglas
Fraser.
The Treasury Department said
the legislation “reflects the adminis
tration’s decision to recommend
financing assistance for Chrysler
Corp. in order to avoid the adverse
impact that a Chrysler failure would
have” on its workers, suppliers,
dealers and the local economy of
Detroit.
“These federal guarantees will
provide the cornerstone around
which an overall financing plan can
be developed,” it said.
Announcement of the federal aid
came two days after Chrysler re
ported the largest three-month loss
in American business history.
During the first nine months of
1979, Chrysler has lost $721.5 mil
lion. It has predicted that continu-
■ The Air
fcxas ANN
■eteorolo^
giee prog
dents.
■ Second
Tyler and
ing problems during! C l u ‘ ni * s try
quarter will push the My||| ont J a >
more than $1 billion. Borina We
The Treasury DeptrtJ 3 math-stal
the authority to issue uptt|. C a pL *
lion in loan guarantees “aPfaristi rui
cised only upon fulfillmes P’ lter sciei
ries of stated conditions 'ffS a mastl
_ The tutc
I he conditions, it said, jy
requirement that existing®
creditors “maintain their
and that “Chrysler raise llB
of new, unguaranteed cap&y-
own” from sources other rri i it
government. fl
Chrysler, the departi|
nouncement said, also wJ*
quired to present a MtB
four-year operating plansk®*
ability to operate as a goingrflX Tjt
through Dec. 31, 1983.’’
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NUCLEAR ISSUES
Dr. J. O. Blomeke
Hey Faculty and Staff!
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★ As of October 26,1979, the faculty and staff have contrib
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Sponsored by: The American Nuclear Society