Wednesday, May 4, 1983/The Battalion/Page 9
EA loan fund
aces depletion
United Press International
WASHINGTON — A major
irce of funding for the na-
i’s rural electric and tele
phone systems is in danger of
Pg depleted unless Congress
to keep it self-sustaining, a
tional Rural Electric Cooper-
ve Association spokesman
Tuesday.
ft Charles Robinson Jr., deputy
general manager of the NR.E-
CA. representing 1,000 rural
felectrk systems serving more
than 25 million people in 46
states, said his group is propos
ing a comprehensive legislative
proposal “designed to ensure
the continuation of adequate,
long-term financing.”
1 Robinson said his group is
(nost concerned about the status
of the Rural Electric Adminis
tration’s Revolving Fund, which
Ifused to fund telephone and
lectric transmission systems. Of
ie $3.3 billion in outstanding
, $2.08 billion is currently
least 1 percent or higher than
current Treasury rates.
‘High interest rates of the
past several years are threaten-
* the future of the Revolving
•
Fund because of the disparity
between the rates paid to the
U.S. Treasury by REA for bor
rowings to meet loan require
ments and the interest rate at
which loans are made to rural
electric systems,” he said.
Under the proposal, loans
issued over the current interest
rates could be re-financed and
pre-1973 REA principal obliga
tions would be converted to per
manent capital in the Revolving
Fund, adding about $7.9 billion
total.
The legislation also would
allow the re-financing of long
term loans over current market
rates. The long-term loans total
about $7 billion, of which $3.3
billion could be re-financed.
“If the interest rates go up
and the REA administrator
allows them to rise, that will be
reflected to some extent in the
ultimate consumers’ bill but it
will be very small compared to
the effect of the impact of the
price of amount wholesale pow
er,” Robinson said.
The proposals would repre
sent the first major change in the
Rural Electrification Act in 10
years.
Rain continues to fall
Storm death toll 20
United Press International
More than a dozen torna
does slashed across Michigan,
Ohio and New York, killing
four people, flipping cars
through the air, flattening
houses and leaving hundreds
homeless.
Thunderstorms that spun
off the tornadoes weakened as
they moved into northern
New England early Tuesday.
Another line of heavy
thunderstorms dumped up to
4 inches of rain on Arkansas
and Kentucky. Flash-flood
watches were in effect early
Tuesday from Arkansas and
Missouri through Kentucky,
Ohio and western New York.
The death toll stood at 20
from four days of tornadoes,
thunderstorms and floods
across the Midwest and Great
Lakes area.
A tornado at Mayville near
Lake Chatauqua in western
New York killed two women
Monday night — one in her
mobile home and another
who had just driven into her
garage when the tornado hit.
“The car was picked up and
hauled through the air about
75 to 100 feet,” Chautauqua
County Sheriff John Bentley
said. The car landed on its
roof, killing June Young, 58,
and injuring her husband.
Tornadoes in western New
York flattened several houses,
knocked out power and block
ed roads with felled power
poles and trees. More than a
dozen people were injured.
A 45-foot truck loaded with
5 tons of fireplace bricks was
blown off the highway by one
twister.
“I didn’t see anything. The
wind just blew the truck over,”
said driver Ron Turnbull,
who suffered cuts and bruises.
Tornadoes in Ohio killed
two people and left hundreds
homeless.
The worst damage was at
Weston, a small community
south of Toledo, where the
storm cut electric power just
as the warning siren came on.
“Basically, no one had any
advance warning at all,” said
Police Chief Steve Graf.
The Weston tornado went
through a trailer park like a
giant buzz saw, scattering de
bris for 4 miles. An elderly
man trapped in his home
died.
In the Cleveland suburb of
Broadview Heights, a woman
died when a tornado struck
her home, toppling a brick
chimney onto her.
Earlier deaths in four days
of storms included three tor
nado victims in Missouri and
Illinois, a young Ohio mother
whose car was crushed by a
falling tree, and a dozen peo
ple killed in floods in Ken
tucky, Illinois, Missouri and
Ohio.
One car carrying four Ken
tucky men was recovered
Monday from floodwaters in
Bi'ownsville, Ky. All four had
drowned, two in the car and
two who apparently tried to
go for help.
Tornadoes, high winds,
rain and hail smashed into De
troit suburbs Monday.
Fire Chief Lynn Heraty of
Harsen’s Island, Mich., said
25 to 35 houses were damaged
or demolished, for a damage
toll of at least $2 million.
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Frozen egg lives;
woman pregnant
United Press International
MELBOURNE, Australia —
Claiming a medical break
through, an Australian research
team said that a woman is in her
14th week of pregnancy with an
embryo that had been frozen for
four months before being im
planted in her body.
The research team
announced the successful ex
periment Monday and said all
tests show the fetus is healthy.
The embryo was frozen at
minus 320 degrees Fahrenheit
for four months before being
implanted in the woman, who
asked not to be named.
The woman was impre
gnated with one of her own eggs
fertilized by her husband, said
Dr. Alan Trounson, scientific di
rector of the research team at
Monash University’s infertility
unit and Melbourne’s Epworth
Hospital, where an operation
implanting the embryo was per
formed late last year.
He said the woman was infer
tile because both her Fallopian
tubes were blocked.
While claiming a “world
breakthrough,” Trounson said
that the team recognized the leg
al and ethical questions in
volved, and that its work is moni
tored closely by an ethics com
mittee at Monash University’s
Queen Victoria Medical Center.
The research team removed
four eggs from the woman and
fertilized them using a techni
que pioneered by team mem
bers, Trounson said.
Three of the embryos were
implanted almost immediately
in the woman, but she miscar
ried after eight weeks. The
fourth embryo was in deep
freeze for four months before
being implanted.
Trounson said the woman
was one of 13 women implanted
with frozen embryos, and hers
was the first successful case. He
said the team hoped to refine
the procedure and achieve an 80
percent success rate in the fu
ture.
In theory, human embryos
can be frozen for 100 years be
fore being damaged by cosmic
rays, Trounson said. Undercur
rent medical ethics, however,
experimenters cannot freeze a
human embryo for more than
10 years.
Trounson admitted that
many people may object to the
experiment. He said he prefer
red to freeze several embryos to
spare the woman the risk of
going through a second opera
tion to obtain more of her eggs if
the first implant fails.
rENGINEERING/SCIENCES 1
CONSIDER
THE ADVANTAGES OF
WORKING FOR YOUR
UNCLE.
The Army is looking for 1983 graduates in
Engineering and Science disciplines to serve as
commissioned officers. For those who qualify, this
program could be an important step toward a
rewarding career —in or out of the Army.
You’ve worked long and hard to earn your
Bachelor of Science degree. A commission in the
Army is a good way to use your technical exper
tise while gaining valuable supervisory
experience. And the opportunity is available now!
Captain Mark McAvoy will be on campus May 4th
between SAM and 4PM in the University Placement
Office (10th Floor Rudder Tower). Stop by, no appoint
ment necessary. If you can’t make it on the 4th, call 775-
2199 and arrange an appointment.
ARMYOFFICER.
BE ALLYOU CAN BE.
(Graduating in May, August, December)
DON'T MISS THE
SENIOR FAREWELL
DINNER
THURSDAY, MAY 5th, 6:00 p.m.
ST. MARY'S STUDENT CENTER
FREE — HAWAIIAN LUAU
RSVP 846-5717