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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (April 12, 1982)
national Battalion/Page 9 April 12, 1982 White House pleased Producer prices fall . there wertiu • South, foHp hi in the N’oij- 49.1 iiiillio| in id 43.2 r.J|; he West'spoJ jy 2.2 perteiti . (oniparedtom percentinttuBi m theNoilH esv than 0.0iM lieast. t startling|*i» was in r < . Alaska, i9.H percentjtj 980 to . Mo., I ipulationdi 1 ••'t growing*® h an increa®' 300,000 pet® rizona «ith -I percent. . C: ;;';* y'.-r" 4" '..a-.' 1 >■' >fe3NHbrSi* v. " -a* .2 i^jr V-.** ^ ^ - / V ' B lv- i: : . /•^. -V; ' , , - ^ '* Just waiting for my bus staff photo by David Fisher Waiting for the shuttle bus can be he waits for his bus to arrive, hard on the feet. Here Saul Enriquez is a sophomore from Enriquez rests against a tree while Houston majoring in microbiology. United Press International WASHINGTON — The fall in producer prices in March — the second monthly drop in a row — was hailed by the White House as “almost too good to be true,” and brought predictions from # economists of lower con sumer inflation. “I don’t think there are any doubts within the economics profession that we have certain ly turned the corner on infla tion,” economist Ronald D. Utt of the U.S. Chamber of Com merce said. The March figures — includ ing reductions in food and fuel prices — showed the first two- month drop in the index since January and February 1976. “This is good news for the economy and for American con sumers,” White House spoke- man David Gergen said. “The president’s economic advisers believe these reductions in pro ducer prices suggest further moderation in the Consumer Price Index in the months ahead.” Many economists predict an inflation rate of 7 percent or less, instead of 13 percent, over the next few years. “As long as we can resist refla tion policies in the area of our monetary policy, I think we are on the verge of a future in which prices are stable,” Utt said. But he noted that just as infla tion helped some and hurt others, so does a decline in infla tion. “Continued declines in agri cultural prices are going to ere- ate very severe hardship for far mers,” he said. Food and energy prices were It 40 years later, veterans revisit WWII battle site condors' i® e a pairo^ theraniu (lie area, r couple's (i fi vas lost 12 i overt.., rushedT 1 liting' ovcf idors, beif ir thatsiic® hick in ver which ling, bullltf inn. best evid® the criti^ lifornia ^ er a ne*' he breecM ’ aid. iip :: :e am or the > ogranPA n Form : ii Maid :• niiiiiiiiiii and rts United Press International MOUNT SAMAT, Philip pines — About 2,000 Filipino, American and Japanese veter ans returned to Bataan Saturday to observe the 40th anniversary of their epic World War II battle. Sweltering under a burning tropical sun, the balding, paun chy former adversaries climbed 1,800-foot Mount Samat, the key position in the Allied de fense of the Bataan peninsula. Bataan fell to the Japanese April 9, 1942, two days after Mount Samat was captured. The 2,000 veterans, whose nations now are strong allies/ex changed memories of the fierce battles which led to the surren der of the 76,000 American and Filipino soldiers to Japanese in vaders. Sam Moody, a retired Amer ican officer from Longworth, Fla., who survived Bataan and the infamous “death march” to the Japanese-run Capas prison camp 37 miles away, recalled that the mountain used to be co vered by a jungle. “At least people are remem bering what we did in those days,” he said of the elaborate “altar of valor” with a cross of concrete and steel towering 300 feet above the peak of Mount Samat. Filipino President Ferdinand Marcos, a much-decorated war veteran himself , was to address a grand rally Sunday in Manila, highlighting the week-long “reunion for peace,” which be gan Wednesday. Several American veterans warned that the United States must stay alert to what they said was the growing power of the Soviet Union. “I think the biggest danger the world faces today is that the United States has lost its credi bility as a power,” retired Col. Edwin D. Ramsey of Los Angeles said. “I think we should be building up strength, so that there would be no reason for miscalculation on the part of any other nation.” Ramsey said he believed Japan should strengthen its military capability. He called the Tokyo government one of America’s mainstays in Asia. Dick Fellows, a retired briga dier general from San Pedro, Calif., said Bataan fell because the Allies were unprepared. “That’s what’s wrong with us then, and that’s what’s wrong with us today,” Fellows said. “I don’t think we’re quite ready (for war) as we’d like to be.” Fri. Is Student IUD class-action case progresses Get it all at PORKY’S(R) You’ll be glad you came! Alex Kerns ■ Sasee Clerk 7:40 9:45 846-6714 Open 7.00 Corner Univ & College United Press International SAN FRANCISCO — Manu facturers of the Daikon Shield birth control device must inform women who have sued the firm that all punitive award claims will be settled in court, a federal court judge has ordered. U.S. District Judge Spencer Williams ordered A.H. Rohins Co. last week to send notices — at the company’s expense —- to about 6,000 women who sued the firm for injuries charged to have been inflicted by the in trauterine device. The Daikon Shield has been withdrawn from the market. The women suing the com pany banded together in a class- action suit at the order of the judge several months ago. Wil liams said he would decide all claims. He said if the company was found liable for injuries incur red, he would hold a second jury trial to determine whether puni tive damages should be awarded. He said he would rule on damages suffered by women across the nation, in an attempt to control the growing number of lawsuits filed against the manufacturer. Attorneys for several women who say the class-action will pre vent them from getting the large monetary awards they deserve have appealed the order in the 9th U.S. Circuit Court of Appeals. Williams issued the order to ensure that each woman who suffered from using the Daikon Shield would be able to get some award from Robins if their law suits were successful, and to assure that Robins would not be bankrupted by all the legal ac tions. NeilSiewe’s / Ought To Be In Pictures (PG) Walter Matthau Ann-Margret SKYWAY TWIN 822-3300/2000E.29th EAST 7:3011:25 CLASH OF THE TITANS 9:35 CAVEMAN WEST 7:3011:15 SCREAMERS 9:25 HELL NIGHT SCHULMAN 6 THEATRES 2002 E. 29th 775-2463 775-2468 Tonight is KTAM Family Night Adults s 2.50 Persons under 15 Free. Mon-Fri 7:20 9:40 Sat-Sun 2:35 4:45 7:20 9:40 Sat-Sun 2:30 4:50 7:35 9:55 •UTEO BY UNIVERSAL PICTUreS ANO ITEO FBJW CItSTRISUTION CORPORATION HI UNIVERSAL CITY STUDIOS WC Mon-Frl 7:25 9:35 Sat-Sun 2:40 4:55 7:25 9:35 WALT DISNEY PRODUCTIONS’ R9B1N HOOD Sat-Sun 2:40 4:55 7:25 9:35 RICHARD PRYOR LIVE ON THE SUNSET STRIP Mon-Fri 7:35 9:55 Sat-Sun 2:30 4:50 7:35 9:55 ’ VICTOR7 VICTORIA Julia Andrews James Garner Mon-Frl 7:20 9:70 Sat-Sun 2:35 4:45 7:20 9:40 „ Raiders oT the Lost Arks responsible for the decline of 0.1 percent in prices of finished goods at the final wholesale level in March, the same amount of decline as in February. Two other indexes for goods at earlier stages of production also fell for two months run ning. Prices of crude materials dropped 0.9 percent in March and prices of goods at interme diate stages of production went down 0.3 percent. It was the first time since Feb ruary and March of 1967 that all three indexes had fallen simul taneously two months in a row. After half a decade of acute inflation that hit double-digit rates, economists do not expect prices to fall over any extended period. For consumers, inflation has subsided from 13 percent in 1979, 12 percent in 1980 and 9 percent in 1981 to an annual rate of about 4 percent during the past five months. Economists agree the reces sion helped bring this rate down. A sampling of several of the major, private economic forecasting organizations shows that — in varying degrees — they expect some of this im provement to remain even after the recession is over. At the final wholesale level, food prices edged down 0.2 per cent after rising 0.5 percent in February. Eggs, pork, dairy pro ducts and f resh fruit and veget ables all declined. Coffee prices rose more slowly. Beef and veal continued to rise, and fish prices turned upward. THE MSC VARIETY SHOW IS HERE GET YOUR TICKETS NOW! FRIDAY, APRIL 16 7:30 RUDDER AUD. TICKETS: MSC BOX OFFICE Students $2.50 General Public $3.50 ^^YUemonial Student Centenu— TAMU Theatre Arts Program Presents Book £ Lyrics by George Haimsohn £ Robin Miller. Music by Jim Wise. S-'OO April 14-17 Rudder Theatre Tickets Avaiable at Rudder Box Office $2.50 Students $3.50 Non-Students