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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Nov. 23, 1982)
Battalion/Page 9 November 23, 1982 cCullar ■ ^ Portillo blasted THE BONFiH- : ;?for IMF debt United Press International MEXICO CITY — Mexico lore than doubled the price of sugar Monday, the first in a Iriesof price hikes expected for Insumer goods under an Inter- ptional Monetary Fund agree- icnt The leftist Proceso magazine nday blasted the outgoing tivernment of President Jose tpez Portillo for “leaving the next administration practically Manacled as a type of colony” to the United States. I Mexicans lined up at super- i Markets over the weekend to | Mirchase dwindling sugar sup- L X L/ P' es > following Commerce Minister Jorge de la Vega’s discl- I Mure that the government was ludying price hikes for sugar ?ar Illiopoh jand a number of other subsi- itore aminuniMzed goods. War If. | Under the ministry-ordered vho was Iasi Mcrease, the price of sugar a few daw Mimbed from 8 cents a pound to in Texas on s, the FBI s said to beabo all, weighing brown hair; ightly more than 16 cents, still below the average world ice of 70 cents a pound. But Mexico recently pledged slash subsidies in a letter of intent signed with the Interna tional Monetary Fund that will E ave the way for $3.8 billion in >w-cost credit to rescue Mexico from its worst financial crisis in decades. Last week, the leftist maga zine Proceso disclosed a Mex ican accord to furnish the U.S. government with policy infor mation on economic, financial and related matters as part of a $ 1 billion prepayment on 40 mil lion barrels of oil for the Strate gic Petroleum Reserve. Proceso, echoing the com plaints of lef tist opposition par ties, has also harshly criticized Mexico’s Nov. 10 letter of intent with the IMF as a giveaway of national sovereignty. “No other government of the revolution has surrendered Mexico to dependence with the United States as much as the outgoing government has,” the leading leftist newsweekly said, without citing Lopez Portillo by name. Lopez Portillo is to be re placed Dec. 1 by president-elect Miguel de la Madrid. hrysler talks are resumed 'Ison United Press International DETROIT — Chrysler Corp. and the United Auto Workers esume contract talks in the Un ted States and Canada with the company hoping to stop a costly Canadian strike and the union eeking pay raises for workers in both countries. Negotiations opened Mon day, first in Detroit and later in Toronto. Bargainers say they will seek settlements at the same time but a contract offer would be put before Canadian workers first in an ef fort to end their two week-old walkout. Wage increases for the 10,000 Canadian workers and 45,000 American workers is the toughest issue on the agenda. But the union said it will negoti ate first on non-economic issues such as absenteeism, seniority jand supervisory levels. There is no consensus on how long the negotiations will last. UAW Vice President Marc Stepp said last week the union would like to be finished by Thanksgiving, but the talks probably will go past the holiday. UAW leaders decided last Thursday to resume bargaining after statements from Chrysler officials said that they would welcome a reopening of negotia tions in both countries. ; American workers had voted to remain under their current contract until January in lieu of the strike chosen by Canadian workers. Chrysler officials had said they would not negotiate in Canada until the American con tract was settled. Thomas Miner, Chrysler vice president for industrial rela tions, warned last week that the strike has cost Chrysler millions of dollars “that would have been available to af fect the terms of a final settlement of the strike.” Miner added Chrysler could come to a point where it cannot even offer the slim contract that workers in the United States and Canada rejected. Chrysler has always main tained it would be willing to give pay raises but the union would have to agree to give up some thing in another area, such as cost-of-living allowances, pen sions or medical care. Fraser said last week, howev er, the company will have to find the money without f urther con cessions on the part of workers. Workers in both countries earn about $2 an hour less than their counterparts at Ford Motor Co. and General Motors Corp. They have yet to recoup concessions made to Chrysler in 1981 so it could win loans from the Canadian and American governments. Veteran FBI agent indicted i the k to 1 for to TAMU United Press International WASHINGTON — A veter an FBI agent who specialized in office break-ins or “black bag jobs” was indicted Monday on charges of perjury, tax evasion and obstruction of justice, pro secutors said. Edward Tickel Jr. was speci fically accused, authorities said, of trying to prevent a grand jury from discovering he sold stolen jewels. Federal grand juries in the District of Columbia and Alex andria, Va., returned the charges against Tickel, an FBI supervisor and 14-year veteran of the bureau. ‘ r The FBI had no immediate comment on whether Tickel would be suspended. A spokes- fnan said he is the third person indicted in recent years while working for the FBI. Tickel also was charged with entering the FBI’s credit union with the intent to commit a lar ceny on April 16, 1980. The announcement was Made in a joint statement by Stanley Harris, the U.S. Attor ney for the District of Columbia, and Elsie Munsell, the U.S. Attorney in northern Virginia. The indictment, returned Monday in Virginia, charged Tickel with two counts of inter state transportation of stolen property, tax evasion for 1978, filing a false tax return in 1979 and making false statements to the IRS during a tax audit. The two other indictments, returned Friday in Washington and unsealed Monday, charged Tickel with theft of government property and entering the FBI’s credit union with the intent to commit larceny. In a telephone interview Sun day night, Tickel said he ex pected to be indicted, but de clared he was innocent and would fight all charges. “Three years they’ve been investigating me and we’re glad we’ll have a chance to fight back,” he said. NBC News, which Sunday re ported the expected indict ments, quoted an anonymous Justice Department source as saying it “will be the most embar rassing indictment in the history of the FBI.” " I •mmmmmmmrnmmmmmmmmmm What’s Up 1 Tuesday MSC BASEMENT COMMITTEErOmar and the How lers will perform at 9 p.m. at Rumours (behind the MSC Post Office). MSC TRAVEL/STUDY ABROAD OFFICE:Overseas Day, providing information concerning Texas A&M study and travel abroad to Texas A&M students, will be held from 10 a.m. to 2 p.m., Dec. 1, in 205 and 206 MSC. COSA (COMMUNITY OF SINGLE ADULTS):The group will go country and western dancing from 8 p.m. to midnight at the Texas Hall of Fame. Look for COSA tables! MSC VIDEO: A meeting to discuss the 2893 and produc tions for the week will be held at 8 p.m. in 352 MSC. Now you know United Press International PARIS — Air France has announced the retirement of the last of its Boeing 707 jetlin ers which combined to fly a total of 742,625,000 miles while in service, or about 30,000 trips around the world. The company said the last of the 707s flew 20,860,000 pas sengers during its 22 years in operation. Reagan tax step-up concerns experts United Press International WASHINGTON —President Reagan’s top economic adviser and a key Republican senator both are wary , of proposals to accelerate the scheduled tax cut by six months and suggest that attention should be focused on reducing the ballooning federal deficit. Martin Feldstein, chairman of the President’s Council of Economic Advisers, said Sunday on NBC’s “Meet the Press” that speeding up the July 1983 tax cut to January, as Reagan has considered proposing, has “pluses and minuses,” but when pressed said, “I tend to think the pluses are outweighed by the minuses.” In a separate interview, Sen ate Finance Committee Chair man Bob Dole, R-Kan., said moving up the 10 percent in come tax cut, would create even a larger budget deficit. “I wasn’t consulted on that, which is not necessary, but it seems to me that we ought to be focusing on ways to reduce that deficit, not increase it,” Dole said on ABC’s “This Week with David Brinkley.” Dole said “I don’t see any en thusiasm” for the idea in the lame-duck congressional session that starts Monday. Treasury Secretary Donald Regan, concerned about new government figures released that indicated the U.S. economy was still in a slump, suggested last week the possibility of mov ing up the tax increase as a way of stimulating the economy. Feldstein said the 1984 budget deficit could be “some where between $150 billion and $200 billion if there are not sig nificant actions by Congress and the administration.” “I think what has to be done is to slow the growth of spending, bring down some of our spend ing programs,” he said. Feldstein said the nation’s ail ing economy “is now ready to recover” and unemployment — now at 10.4 percent — will begin dropping soon. “I would say that unemploy-! ment in 1983 will be in the 9! percent range, or under 9 per- [ cent.” Feldstein said. He said “if we don’t overshoot and have a moderate recovery,” 1 unemployment would be under 9 percent in 1984 and drop to between 6 percent and 7 percent in a few years. Speaking on Cable News Net work’s “Newsmaker Sunday” i program, Rep. Henry Reuss, chairman of the Joint Economic I Committee, said if the Federal Reserve goes ahead with a plan to tighten the money supply again as of Jan. 1 it will “ruin us | all.” The Wisconsin Democrat said he fears the Fed will go back to , “creating higher interest rates than were necessary and also having such wild swings in in terest rates that nobody could plan ahead.” Today’s most exciting Christmas gift ii Just imagine. We've actually stretched the convenience of the telephone. With the FCT200 cordless, you can make or receive calls from anywhere up to 700 feet away. Now just $159.95 ($60 off). Offer expires Dec. 31, 1982. (No stringsatlached.) Other gift ideas: Pac-man m Phone The perfect replica of the current rage. Your kids will absolutely eat it up. $64.95. Flip-Phone® II Watch them flip out over this fun-styled, easy-to-use, ter rific gift for Christmas. $54.95. Solitare® I Ever wished for a phone that could answer calls, but not make them? Stop wishing. Here it is. $17.95. , >| i i i i . i i. r=rn PHone niHmam- 01980 Bally Midway Mfg Co. All rights reserved Culpepper Plaza RAG-MAN is a trademark of Bally Midway Mfg. Co Arden Shopping Center