Monday, October 17,1983/The Battalion/Page 7
Commission tours countries
Reforms key to U.S. aid
United Press International
SAN ANTONIO — Mayor
Henry Cisneros said he re
turned from Central America
with “hundreds of new percep
tions” but reinforced in his be
lief that the United States must
seek social and economic re
forms instead of military solu
tions.
Cisneros, returning from
what he called a “very grueling,
very tiring” week-long tour with
the president’s commission on
Central America, criticized hu
man rights abuses in the region,
and said that economic aid
should be tied to social and poli
tical reforms.
He said the commission
would probably recommend
new economic aid for Central
American countries striving for
democracy, with attached
guarantees that such aid be used
“by the people who need it.”
“We should press for a
‘democratization’ that more
than just mimics the American
system,” he said. “But as a pre
condition, we’re talking about
internal freedoms, a goverment
of laws, as we attempt to stand
for something.”
Cisneros characterized El Sal
vador as a nation whose “milit
ary and security forces are vir
tually out of control,” and said
human rights abuses there total
led about 500 a month in the
form of disappearances, kid
nappings, arrests and murders.
“That leads to an air of terri
ble insecurity and terror,” he
said. “Who may be the victim for
what imagined reason.”
He said Guatamala was guilty
of “gross human rights viola
tions” by what he called its
“tremendously efficient military
institution.”
Cisneros said a root cause of
violence and instability in the re
gion was the “grinding poverty”
caused by sagging, debt-ridden
economies.
Loans from the International
Monetary Fund and private
American Banks often have 17
and 18 percent interest rates,
causing “terrible deficit situa
tions,” he said.
Although the trip was brief,
Cisneros termed it a success and
said he came away with “hun
dreds of new perceptions. The
report I contribute to will be bet
ter because of the trip.”
Midland bank
reopens today
United Press International
MIDLAND — Backed by gen
eral community support and
confidence, the new owners of
the failed First National Bank of
Midland say the bank will
reopen today with business as
usual.
The bank, bought by the Re-
publicBank Corp. of Dallas for
$51 million, has been renamed
RepublicBank First National
Midland. The Midland bank was
the third in the area recently de
clared insolvent by federal bank
ing authorities because of delin
quent energy loans.
But bank officials and com
munity residents, saddened by
the demise of the 93-year-old
bank, say they are confident the
newly-opened bank will suc
ceed.
“I’ll try it and see what hap
pens,” said Paul Olgin, 47, a na
tive of Midland who plans to
keep his money in the new bank.
Billie Hildreth, a 31-year resi
dent of Midland, said she be
lieves the bank will weather the
crisis well.
“I think it’s real sad. I hated to
see it happen,” she said. “But
Midland always comes back.
We’ve lost our stronghold, but
we’ll come back.”
A former security guard at
the bank, Ernest Franklin, 48,
said he withdrew his money six
months ago from First National
in anticipation of the bank’s
problems. Franklin said he was
one of 25 guards lakfoff by First
National earlier this year as a
cost-cutting measure.
“Despite recent difficulties,
we are convinced that the ener
gy business is here to stay and
will get better,” said Republic-
Bank chairman James D. Berry.
But Berry warned the bank’s
1,500 shareholders that unlike
First National customers, their
fate rests with Federal Deposit
Insurance Corp. officials who
will determine what happens to
shareholders’ investments in the
bank.
According to a shareholders’
statement, First National had
equity of $ 122 million in Decem
ber 1982, which steadily dwin
dled to $7 million on June 30
and $802,000 on Aug. 31.
The statement to sharehol-
'ders said the bank had exceeded
its loan limits, loaned money to
executive officers on favorable
terms and failed to comply with
securities laws and record keep
ing requirements.
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Houston, Texas
The Center For Education and Research
in Free Enterprise
and the
Economics Department
announce: DESTINATION WEST AND EAST BERLIN
From December 26 to January 2, a special tour of West and
East Berlinis offered to Aggies, their parents and friends. Dr.
Steve Pejovich and Dr. Richard Anderson will direct the tour
and conduct daily lectures on “Capitalism and Socialism in
Theory and in Practice.” Three hours academic credit for Econ
324, Comparative Economic Systems, may be earned by
Texas A&M students. No pre-requisites. The total cost of the
tour of $1,490 includes airfare from Dallas to Berlin and back to
Dallas, hotel accomodations, meals, ground transportation,
and all scheduled social events including New Year’s Eve and
East Berlin. For information contact:
Dr. Richard K. Anderson
Economics Department
Harrington 434
Dr. Steve Pejovich
Center for Education and Research
in Free Enterprise
A&A Bldg 459
igh school athletics debated
United Press International
•AUSTIN — Texas high
Ut6:30p school athletic officials Sunday
i Bgan debating whether the
we takes football too seriously.
. .. The coach who watched Friday
night’s game in a bulletproof
vest might agree.
■ The University Interscholas-
1984 Ag|f; tic League opened a meeting in
• MSUSttiisAustin with an address from
tedujjoinTQallas computer magnate H.
iKoss Perot, head of a blue-
wbon panel on education that
concluded high school athletics
in Texas are out of proportion.
“Winning coaches and band
directors are paid salaries far in
excess of those paid to outstand
ing teachers,” Perot said.
For losing coaches, however,
the penalties can be harsh. Head
coach Ronnie Davenport and
two assistants at Crosby High
School in Crosby, Texas,
directed Friday’s game in flack
jackets after receiving telephone
calls threatening him with death
if his team lost the game.
“Why would you want to kill
somebody over a football
game?” asked Virginia Stewart,
whose husband Dennis is one of
the coaches.
Perot, in opening the confer
ence, conceded that athletics
and related activities, along with
the speech and drama teams
sanctioned by the UIL, repre
sented pockets of excellence in
Texas otherwise mediocre scho
lastic scene.
But he said his committee,
which released its controversial
findings this fall, found schools
in which only one hour in four
was devoted to academics.
ies King cobra missing a week,
, found safe in owner’s home
Bryan-College Station Obstetrics & Gynecology Associates, P.A.
DAVID R. DOSS, M.D. G. MARK MONTGOMERY, M.D.
are pleased to announce the association of
LINDAS. DUTTON, R.N., C.N.P.
As a certified nurse practitioner in women’s health care, she will
be seeing patients by appointment for routine physicals, birth
control, and minor gynecological problems beginning October 24,
1983.
1404 “A” Bristol, Bryan
775-5602
United Press International
I ELBERT, Colo. — Ring Tut,
uall) b elw a 14-fbot king cobra loose for a
week on a ranch near the eastern
Colorado town of Elbert, has
reeknaM" | Jeen f ounc i a ij ve anc i we ii under
i restaurajBj
:rn, tw °y The venomous snake’s esca-
>n the ( p ac | e began Oct. 6, when the
r store, bodies of Jerry L. Colyer, 28,
and his wife, Pamela, 40, were
was just b 111 found in a parked car on a rocky
ras no P arl knoll near the Colyer family
O.K. Jt’L 1 ' jjranch 55 miles southeast of De-
operatot- nver
The two died of carbon
monoxide poisoning in an appa
rent suicide, said Elbert County
Sheriff George A. Yarnell.
Pamela Colyer, who had been
Jerry’s stepmother before be
coming his wife, raised snakes in
her bedroom on the ranch
house’s second floor, Yarnell
said.
On the day of the double
suicide, she left a note stating
“The king is loose.”
Upon searching the house, all
20 of Mrs. Colyer’s other “pets”
were still in their cages, includ
ing a boa constrictor, a Burmese
python and a tarantula.
Reptile expert Bob Elshire
from the Black Hills Reptile
Gardens in South Dakota found
King Tut Saturday under Mrs.
Colyer’s bed.
“Gentlemen, we have a king
cobra,” Elshire announced
calmly to his two assistants upon
the snake’s discovery. “And we
also have an alive king cobra.”
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