national
Battalion/Page 9
April 12, 1982
White House pleased
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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
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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