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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (April 16, 1980)
THE BATTALION WEDNESDAY, APRIL 16, 1980 Page 7 nation S m Wanted: coal exports Taskforce created to promote resource g again estricli® will pu| that til tate wilt \ , We® e state!; ngwili 3 protec usei r orceme: ed to t'J a wiretji and tlj legislatia naltiesfc e wirefa;- United Press International WASHINGTON — The Carter administration Tuesday launched an inter-agency task force to report to the president in six months on ways to expand U.S. coal exports, said De puty Energy Secretary John Sawhill. Sawhill told reporters the task force, which will examine trade bar riers to coal exports, is one of five new administration programs prom oting coal, the country’s most abun dant energy resource. The others are the synthetic fuels bill, enforcement of a law on coal conversions in industrial boilers, a $1 billion research and development program and $10 billion in proposed subsidies for utility coal conversions. Sawhill said his agency estimates coal exports could grow from the cur rent 5-million-ton level to 80 million or 100 million tons by the end of the decade. He said such a 20-fold increase in exports could create 38,000 new mining jobs and 190,000 related jobs. “There can be no argument that we must export more coal to improve the balance of trade, take pressure off the dollar and dampen inflation, as well as lift the burden of oil from the backs of our allies, who are far more dependent on imports than we are,” said Sawhill. Last year, the 20 industrialized na tions participating in an Internation al Energy Agency meeting and the seven attending the Tokyo economic summit agreed to find ways to in crease coal use. The United States recently has also discussed expansion of its coal export trade with France and Spain. Next week, Sawhill said, a delega tion of senior U.S. coal industry offi cials will meet in Paris to help the International Energy Agency mem bers find ways to boost their use of coal. No illegalities in silver crash United Press International WASHINGTON — Although the ! Commodities Futures Trading Com mission continues to pursue reasons for last month’s scary silver market crash, one commissioner told a con gressional panel Tuesday so far there has been no evidence of illegal mar ket manipulation. In an obvious reference to bil lionaire brothers W. Herbert and Nelson Bunker Hunt of Texas, Com missioner David Gartner told a House Government Operations sub- | committee the agency has found no evidence of a corner, squeeze or manipulation of the market. Silver prices plummeted to $10 an ounce in late March — down from a high of $50 in January, and much of the blame was attributed to the Hunts, who after acquiring massive amounts of silver, were unable to meet their contract payments known as margin calls. The Hunts’ action sparked a panic selling spree, and a subsequent spree in stocks of corporations known to have connections with the wealthy Texans. The subcommittee invited the Hunts to testify, but by Tuesday they had not responded. “They’ll testify, one way or the other,” declared sub committee chairman Benjamin Rosenthal, D-N.Y. Fat man wants stomach stapled tomeyii imtetb 28, ofi to de| 0 Id!:::; ICarzai. if Venn ly involc . 24,1*1 few Oils aties tional g the Ei* ed in United Press International ORLANDO, Fla. — Bill Mur phy’s friends are trying to collect enough money to finance stomach- stapling surgery for the 600-pound man. “I just don’t know how to come up with $5,000,” Murphy said Monday. “Ijust don’t know. Maybe my friends will think of something.” He says he will die without surgery because of the strain his heart bears. Just talking on the tele phone takes his breath away. A walk to the mailbox to collect his monthly $239 disability payment leaves Mur phy huffing for 10 minutes. But even the indignity of bathing in the backyard with a garden hose because he can’t fit into the tub has not motivated Murphy to keep from gaining weight. He has abandoned one diet after another. “I just don’t have no will power,” he said. “The whole thing in a nutshell is I don’t have no activity. I don’t have nothing to turn to because no one will hire me. I say to myself, why not enjoy food while I still can?” he said. “The way the doctor talked, it wouldn’t be very long before it would get the best of me, all this fat, ” Murphy, a bachelor, said. “In other words, I’m like a walking time bomb. My heart could go any time.” He says the only solution is an operation to close off his stomach so it holds no more than 2 ounces of food. I I [jr^i 1 I . A ' e ARMCO I I 'J A subcommittee aide said the panel was expected to vote in the next day or two on whether to sub poena the brothers. “The Commodity Futures Trading Commission has nothing to apolo gize for with respect to its role in connection with recent reverbera tions in the silver futures market,” Gartner said. “The silver phenomenon was free enterprise at its finest hour, ” he said. “It demonstrated the system works. ” Because of the large margin re quirements at the time of the crash, Gartner told the panel, “No one other than large speculators and un wary brokers got hurt.” “The market cured itself, ” he said. pimiiiimiifl Comissioner Read Dunn said he doesn’t think there is a need for addi tional regulation, and indicated much of the problem was due to hoarding by foreign investors. Commissioner Robert Martin agreed further government regula tion to ensure customer protection is unnecessary. He said investors should be protected against fraud, deceit and improper diversion of their funds, but regulation “should not offer any shelter from the con sequences of their own judgement.” Chairman James Stone was in the minority. “I think the financial fabric of the United States was en dangered,” he said. We Buy All Books! <y Doctors tell him he will lose 60 pounds in three months after the sto mach stapling surgery and 30 per cent more of his weight in the next year and a half. A team of surgeons have offered their services for free. Now Murphy is trying to finance a $6,000, two-week stay at Shands Teaching Hospital in Gainesville by the end of July. Because he has no job and no medical insurance, the hospital re quired the money i be paid before admission. “Without any insurance, we need to have the money up front,” said Lisa Stewart, a spokes woman for Shands. Lipstick alibi kept secret United Press International DALLAS — An attorney for an appliance repairman, charged with the “lipstick” slaying of a woman, 28, says he has verified portions of the suspect’s alibi. However, attorney Robert Cady Monday refused to reveal the alibi of Donald Hemphill, 30, who was charged with first degree murder for the March 31 strangulation of Debra Martinson. Hemphill remains jailed in lieu of $500,000 bond. ^,1 WE NEED TWICE | AS MANY USED J BOOKS BECAUSE | OF OUR SECOND LOCATION I IN CULPEPPER PLAZA! I i "• ift.; Bring your out-of-date books, I with your new books & we’ll make you an offer on all your books (including paperbooks). 1 UNIVERSITY BOOKSTORES Now 2 Locations NORTHGATE and CULPEPPER PLAZA SilllllUIIIIIIIIIIJIUIlUllllIUUHIIIIlEUIUIIiaiUlllimillllllllllUIIIIIIIIIIIIIIIIIIIIIMlimilllMHBH T tl 1 o • CQ ■ I. • ' VTCIIK?' JVT3 fe'li Iri* " BATTALION CLASSIFIED PULLS! Call 845-2611 Curios Castonedrt greatest joumey: from man to magician. It is a journey filled with tricks and temptations. The tricks of a mysterious desert sorceress. The temptations of the woman beneath the robes. It is Castaneda’s most harrowing ordeal yet. The prize is magic. The price is his life. Share this journey with him. You won’t be alone. Castaneda's earlier works have already sold over 4,000,OCX) copies in paperback, and his new one is “bewitching, beautiful and frightening.” —The Chicago Tribune • ...Vv-' • ••• Carios Castaneda The Second Ring of Power" POCKET BOOKS On sale everywhere. Gas prices force change United Press International WASHINGTON — The rising price of gasoline has forced a change in driving habits for about three out of every four motorists, and some have altogether abandoned plans to use their car on vacations, according to a recent Gallup poll. The poll, conducted for the High way Users Federation, a non-profit pro-highway group, found that 7 out of 10 motorists contacted said they were driving less this year than they did one year ago. The survey, which included 1,572 adults, was taken during February and March. It found that 63 percent had cut down on weekend or social trips, 49 percent had reduced shopping by car and 18 percent said they were taking shorter vacation trips by car. Another 12 percent said they had stopped using cars for vacations en tirely. The poll also found that 64 percent were opposed to the idea of an addi tional 50-cent per gallon gas tax to further discourage driving. WEDNESDAY Rock & Roll Night No Cover 2 for 1 till 10 p.m. Bring a rock and get a free drink No Boulders please ONLY AT THE STUDIO 1401 FM 2818 Come on out to the Doux Chene Complex! ALL STUDENTS ARE WELCOMED * & * * * & & & & # & * & & & # * & # & & * * * & TO THE 1ST ANNUAL BUSINESS 44 CAREER FAIR Wed. April 16 3-5 p.m. Seminar on Interviewing in Rudder Forum featuring Joe Reynolds of Procter & Gamble * * * * * * * Thurs. April IT 10 a.m.-12 p.m. f & 1:30-4:30 p.m. Corporate representatives will be available at 37 Booths located on the 2nd floor of the MSC to discuss career opportunities, industry & profession al occupations and employment potential with stu dents of all majors. Come see why A&M does mean Business * * * * * * * * & 4I* S rfarfarfarfarfarfcrfarfaefoffaffarfarfaefarfacfaefaeforfaefaefarfarfarfarfarfaejgyrSnrjfrrjtyeJncfacfaefarfo SS JJG w|vj -bijy w$vi <y§v* yjp# JJw vjv wjw wjgw vjvi Residence Hall Association presents., Friday, April 18 th 8:00-12:30 A Night of Gambling, Prizes, and Entertainment Major prizes donated by Diamond Brokers Int’ PLACE: MSC,2nd floor and Lounge TICKETS: $2.50presale $3.00 door Ticket sales: April 14-18 MSC, Sbisa, Commons, Duncan, Acad. bldg. THE RESIDENCE HALL ASSOCIATION WOULD LIKE TO THANK THE FOLLOWING MERCHANTS FOR THEIR GENERAL CONTRIBUTIONS TO RHA “CASINO ’80”: SOUND CENTER AL’S FORMAL WEAR, LUCILLE S BRIDAL SHOPPE ARNOLD BROTHER’S LUMBER AAA HOUSE OF CURTIS MATHIS AGGIELAND INN AUDIO VIDEO BILL’S GARDEN CENTER CENTRAL TEXAS HARDWARE CHELSEA STREET PUB CLOCKS AND COLLECTABLES CONWAY INC. DANVER’S RESTAURANT DIAMOND BROKERS DISCOUNT TROPHY AND ENGRAVING DYER ELECTRONICS ESPECIALLY FOR YOU FORT SHILOH GENTLEMAN’S QUARTER THE GIFT GALLERY HOLIDAY INN NORTH (BRYAN) HOLIDAY INN SOUTH (COLLEGE STATION) JONE S PHARMACY KARAMEL CORN MAMA’S PIZZA MISSION CAR WASH PASTA’S PEPE’S MEXICAN FOOD PETAL PATCH POTT’S JEWELRY SCHLOTZSKY’S SHEAR CLASS THE SOFT TOUCH TINSLEY’S CHICKEN-N-ROLLS TOM’S BARBEQUE WHAT-A-BURGER YARBROUGH’S CARDS AND GIFTS BOB’S GREEN THUMB NURSERY KEN MARTIN’S STEAK HOUSE COACHES SHOP FABRIC CARE SERVICE AGGIE WASH INC. CAMPUS PHOTO CENTER AGGIE CLEANERS THE ALAMO COURTEA’S COURTEA’S THE WHEEL WORLD UNIVERSITY CYCLES YAMAHA BEAUTY BOUTIQUE BEAUTY SALON SUZUKI (SOUTH GATE) PIZZA INN 1803 GREENFIELD LOUPOT’S BOOKSTORE THE DRAFTING BOARD THE DRAFTING BOARD THE DRAFTING BOARD OAK-N-BRASS FURNITURE THE WICKETT TRI STATE A&M INC. KUBIN AUTO REPAIR THE FLORAL CENTER LUBE KING THE GENTLEMAN’S QUARTER (TOWN & COUNTRY) BRYAN MUFFLER BRAZOS VALLEY NURSERY WELCH’S CLEANERS TAPES ETC. NAUTILUS OF BRYAN-COLLEGE STATION BRAZOS VALLEY KARATE ACADEMY FAST PRINT THE BUG CLINIC SEARS