tate / National
THE BATTALION
FRIDAY, NOVEMBER 6, 1981
Page 7
'agan still tackling budget
U.S. trade deficit heightens
I United Press International
pericans are so in love with
imported cars, videotape
jines and other foreign goods
he trade deficit is at its high-
[iree-month level since the
of last year.
nd foreign countries are
|igless American wheat, corn
nachinery, made more ex-
Ive by an appreciating dollar,
fommerce Department said.
The department reported
nesday the trade deficit has
since the first quarter —
Ite a big cutback in the purch-
gf imported oil. The deficit has
i mounting month by month
: late 19.75.
|ie overall pattern of trade this
has largely reflected the
ing value of the dollar, with
August showing a surge of imports
when U.S. importing companies
bought at the peak of the dollar’s
value.
The dollar, which has
weakened for the past several
days, rallied late in Thursday in
New York as speculators took pro
fits on positions they had held in
foreign currencies. Some buying
came from foreigners to make bids
for the government’s auction of
10-year notes.
President Reagan met Wednes
day with members of the Senate
Agriculture Committee about a
new farm bill that will drive his
budget further out of balance, and
Senate Repubicans are working on
a package of spending cuts and tax
hikes they hope will ease the de
ficit.
Though concerned about de
ficits, Reagan is reluctant to en
dorse the idea of tax increases to
help balance the budget.
The White House says the
House version of the bill costs
more than Reagan wants to spend,
but the Senate version, according
to White House spokesman Larry
Speakes, is not too far out of line
for Reagan to accept.
Senate sources said Republi
cans on the Senate Budget Com
mittee modified their budget
package at a Wednesday meeting,
increasing the budget’s size but
lowering the proposed defense re
duction.
The sources said the committee
decided to seek up to $85 billion in
new taxes — the most controver
sial part of the package.
i' Dave Ek
of a tret I
ditor in ter feres,
0 on Texan quit
IP
United Press International
JUSTIN — Twenty members
he University of Texas student
^spaper staff resigned Wednes-
pasaresult of a dispute with the
-11
whid
praised
ter a thi
the con
u miner,
ob Met
ouncedi Hing-
ring.
We passed a resolution reaf-
ning the handbook Puffer is re-
y ho™ red to go under, and gave him
tice he can’t do that (oversee
of her
done.i vs gathering and reporting) or
will be subject to dismissal,”
if Wf json said. “It was a pretty harsh
dofreprimand. We told him to
( ^ . | ?phis hands off the news side,
he’s supposed to operate
1 to apff
Judge
ekbufi
■d an oi
mi dan
t history
lit to get
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i that a j
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Dan Puffer, editor of the Daily
an, was officially reprimanded
nesday by the Executive
mittee of the Texas Student
lications Board for improperly
rferring with news gathering
reporting operations.
^lartin Gibson, chairman of the
d, said a handbook for opera-
of the Daily Texan provides
it the editor is responsible only
editorial page and policy func-
is, and the managing editor di-
ts news gathering and re-
through the managing editor.”
The board also reprimanded
managing editor Paula Anger-
stein.
Gibson said the 20 resignations
represent about half the ongoing
staff of the newspaper, although
there are about 200 employees.
Many of these employees work
only one day a week.
“We ll survive, but you can’t
lose 18 or 20 people and not be
hurt a little bit,” Gibson said. “We
are very regretful that these peo
ple left. I understand their posi
tion fully, but we ll get out a pap
er. Probably we ll rely a little
more on UPI copy, and use more
of our lab stuff than usual. ”
He said Daily Texan staff mem
bers objected to Puffer’s direct cri
ticism of reporters, and also to a
two-page spread of anti-nuclear
columns and stories shortly before
a vote Tuesday in Austin on
whether the city should sell its
share of the South Texas Nuclear
Project.
“They thought that was unba
lanced,” Gibson said. “I thought it
was unbalanced, but not illegal.”
B kills inmate
n Mexican jail
United Press International
LAREDO — A tuberculosis
tbreak has killed one prisoner
stricken 12 others at a max-
um security prison in the bor-
rcityofNuevo Laredo, Mexico.
Pedro Hector Garcia, director
Centro Readaptacion Social,
idjose Maria Guerrero, 35, died
the disease Wednesday.
Garcia said Guerrero com-
ained of dizziness Tuesday and
Id authorities he felt weak. The
isoner was taken to the Nuevo
edo Health Department,
ere it was discovered he had
iberculosis.
Guerrero, who was serving a
mtence on drug smuggling
charges, died Wednesday at a
Nuevo Laredo hospital, Garcia
said. Dr. Raul Suarez Huartado,
health center director, ordered
examinations for the estimated
500 inmates and members of the
prison staff.
Garcia said 12 other cases had
been confirmed among the in
mates. They were confined in a
single cell at the prison and were
to be transferred to a hospital
Thursday, he said.
Prison visits have been cur
tailed, Garcia said, and authorities
were attempting to alert people in
recent contact with prisoners and
staff members to undergo exami
nations.
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With projections of federal de
ficits growing almost daily. House
and Senate Republican leaders
hoped to discuss the problems
with Reagan this week.
On Wall Street, blue-chip
stocks cooled off from a torrid rally
and suffered their first loss in four
sessions Wednesday as profit tak
ers won a seesaw battle. Trading
was fairly active in an up-and-
down session.
The Dow Jones industrial aver
age of 30 top-notch stocks, which
had climbed 35.77 points the pre
vious three sessions, finished at
866.82, down 1.90 points, the
same amount it gained Tuesday.
The New York Stock Exchange
index finished unchanged at 72.38
and there was no change in the
price of an average share.
Miller times
Miller High Life
"YeHh,
those football
placers arc
imimals."
©1981 Beer Brewed by Miller Brewing Co., Milwaukee, Wis