The Battalion. (College Station, Tex.) 1893-current, January 18, 1984, Image 5

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Wednesday, January 18, 1984/The Battalion/Page 5
Helicopter in airspace
initiates strong protest
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United Press International
Nicaragua issued a protest
Tuesday to Honduras charg
ing that a camouflaged heli
copter from Honduras en
tered its airspace near where a
U.S. helicopter pilot was killed
last week, Nicaraguan officials
said.
The protest came at a time
when relations between the
two Central American neigh
bors have reached a low point
following the death last
Wednesday of Chief Warrant
Officer Jeffery Schwab.
The United States says
Schwab was killed by Nicara
guan soldiers after he landed
a light observation helicopter
some 200 yards inside Hon
duras.
On Monday, Gen. Daniel
Bali Castillo, commander of
the Honduran Public Security
Force, warned that relations
between Honduras and
Nicaragua were approaching
“a very dangerous point” be
cause of alleged Sandinista
cross-border attacks against
farmers and the killing of
Schwab.
The Nicaraguan Foreign
Ministry sent a letter of pro
test to Honduras saying
another helicopter entered its
airspace Monday.
“A camouflaged helicopter
of an undetermined type
violated Nicaraguan airspace
from Honduras near La
Quebrada in the Madriz pro
vince, returning to Honduras
at 1300 hours,” the protest
said.
The region was near the
Honduran border town of
Cifuentes, near where Schwab
was shot.
In the same protest, the
Foreign Ministry also charged
that a Honduran army patrol
entered Nicaraguan territory
near El Aguacate last Thurs
day and “set off four mines
without causing any damage.”
Honduran residents at Las
Trojes, some 3 miles from
where Schwab was killed, said
Americans in civilian clothes
made frequent trips in Hon
duran army helicopters to the
zone in December. Two resi
dents said they saw some
Americans in uniform.
Rebels of the anti-
Sandinista Nicaraguan Demo
cratic Force operate from
bases in the tense border area.
In El Salvador, leftist rebels
attacked the trestle over the
Lempa River for two hours
late Monday, firing automatic
rifles and machine guns at
security posts on both ends of
the structure, sources said.
Government war jets Tues
day bombed insurgent posi
tions around the trestle, which
is under a virtual rebel siege,
military sources said.
Monday night’s attack was
the third heavy night assault
since last Friday on the trestle,
which is one of two major road
links to eastern El Salvador,
where much of the nation’s
chief agricultural products
are grown.
The mile-long trestle, 20
miles southeast of San Salva
dor, has been used to carry
traffic across the river since
guerrillas destroyed the near
by Golden Bridge on Oct. 15,
1981.
Three national guardsmen
were wounded in the Monday
attack, which started about 10
p.m. and ended at midnight,
military sources said.
The guerrilla attacks have
been described by military
sources as “probes” of govern
ment defenses.
Bank buys FDIC loans
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Shiite Moslems take blame
United Press Intentional
MIDLAND — RepublicBank
First National of Midland bought
8,692 loans worth more than
$250 million from the Federal
Deposit Insurance Corp., Tho
mas Wageman, bank president,
said Tuesday.
The FDIC acquired $1.3 bil
lion in commerical loans when
First National of Midland was
closed by the federal currency
comptroller on Oct. 14. The 93-
year-old financial institution was
the largest independent bank in
Texas.
RepublicBank Corp., based in
Dallas, purchased the bank and it
was opened under new own
ership Oct. 16. The bank holding
company has 37 Texas banks and
more than $18 billion in assets,
RepublicBank officials have said.
“In this first phase of the re
purchase program we have
achieved our objective of assur
ing the uninterrupted availability
of credit to as many people in our
community as possible,” Wage-
man told reporters at a news con
ference.
RepublicBank First National
was given 90 days to decide which
of the loans it wanted to assume
from the FDIC. All of the re
maining loans will now be put up
for sale through a bidding pro-
cesss, FDIC officials have said.
“Our next task will be to take a
second look at the loans remain
ing with the FDIC for purchase,”
Wageman said. “Our review pro
cess took into consideration the
impact on the customer and the
community as well as the bank.”
Many Midland residents had
expressed concern over the own
ership change of First National,
which had been a leader in orga
nizing charity and civic events.
Those concerns prompted FDIC
Chairman William Isaac to
attend a breakfast in November
to visit with Midland residents.
Midland, located in the oil-rich
Permian Basin, holds the third
largest per capita income in the
nation, Midland Chamber of
Commerce officials said.
Some banking spokesmen
blamed the oil industry boom-
bust of 1981-82 for delinquent
loans that led to FNB’s woes.
Issac said his department had
watched the bank for a year ex
pecting a failure.
He estimated it would take up
to 45 days before the paperwork
associated with the loan transfers
was completed.
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Embassy consul kidnapped
United Press International
BEIRUT — Three carloads
of gunmen kidnapped the con
sul of the Saudi Arabian Embas-
tensesali sy Tuesday, ambushing his
paidi chauffeur-driven car on the
iblic ops crowded streets of west Beirut in
,299 pa
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a daring daylight attack.
Christian Phalange radio
televisiio i)] ame( j t h e kidnapping of Hus
sein Farraj on the Hizbollah, a
. .fundamentalist Lebanese Shiite
'8 in ‘j; Moslem group suspected of in-
anableli volvement in attacks against the
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No group immediately
claimed responsibility, but an
who declined to be identified
said a man calling himself a
member of Hizbollah had
threatened other Saudi diplo
mats in a telephone call a month
. Gov. B:l| a 8 0 '
Saudi Arabia is deeply in
volved in mediating efforts to
end the violence in Lebanon, but
has made enemies in the Middle
to senth$t because of its ties to the Un
ited States.
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While some of the gunmen
roughed up the Lebanese driver
and the Saudi guard in the front
seat, others pulled Farraj, 45,
from the back seat and dis
appeared.
Beirut radio said the driver,
Izzat Assaf, drove on to the
embassy a mile away with blood
running down his face.
Police said Assaf was treated
at a hospital for a bullet graze on
the head and brought back to
the embassy for questioning.
But he spent the ni^ht under
observation in a hospital.
The morning attack occurred
in the Rawsheh area of west
Beirut, a crowded neighbor
hood of high-rise apartment
buildings near the Mediterra
nean at the western edge of the
capital.
A reinforced guard of uni
formed soldiers with rifles and
plain-clothes security agents
with submachine guns protected
the Saudi Embassy against
further attack. Farraj was re
sponsible for issuing visas there.
The Lebanese government
denounced the attack and Sunni
Moslem leader Saeb Salam, who
has strong Saudi ties, called on
the government to use an “iron
hand” to prevent any more kid
nappings.
Police said Nabih Berri, the
head of the main Shiite Moslem
militia Amal, sent a delegation to
the Saudi ambassador “de
nouncing the incident and ex
pressing readiness to help in
gaining the freedom of the di
plomat.”
The Hizbollah movement,
and the related Islamic Amal
that broke away from Berri’s
group, are radical Lebanese
Shiite groups based in the Sy
rian-controlled city of Baalbeck
in eastern Lebanon.
The kidnapping of the Saudi
diplomat followed two shootings
recently of people associated
with the French Embassy. In
each case a silencer-equipped
pistol was used to gun down the
victims, although both survived.
er Gam
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Iran’s Islamic regime has ex
tra animosity toward it because
ofSaudi support for Iraq, Iran’s
$265,Od a dversary in the 40-month-old
Gulf war.
Police said three cars without
licence plates surrounded the
green Buick embassy car and 10
men swarmed to the attack, fir
ing submachine guns.
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SPRING RUSH
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'Hawaiian Party Friday Jan. 20
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• Cheap Wine Party Tuesday, Jan. 24
Country Place Apartments Party Room
• Pajama Party Thursday, Jan. 26
Treehouse Apartments Party Room
Become a part of 130 years of tradition.
NO PLEDGING
For more info, call Bob
696-9311
WINTER IS HERE
Let s be sure your car is in condition to perform prop
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Saturday noon, who can do most types of automotive
service.
. SPECIAL •
ALIGNMENT
for most domestic 6- foreign cars
pickup trucks ^ qej
• ENGINE TUNE •
4cyl. — $28 6cyl. — $34
8cyl. — $39
For electronic iginition, others $10 more.
Includes: replaced spark plugs, check rotor
(Note - We do set alignment on Ford distributor cap, adjust
I-Beam & small car struts) (Please Bring Ad) carburetor and timine.
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reg 34.95 SALE $26.99
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reg 48.95 SALE $ 34.95
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