The Battalion. (College Station, Tex.) 1893-current, October 16, 1989, Image 14

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The Battalion
WORLD & NATION
Monday, October 16,1989
S. Africa grants freedom
to anti-apartheid leaders
SOWETO, South Africa (AP) —
Eight leaders of the anti-apartheid
movement became free men Sun
day, seven of them after at least 25
years in jail, and told rejoicing sup
porters that equality for blacks in
South Africa is in reach.
Walter Sisulu, 77, a friend and
colleague of African National Con
gress leader Nelson Mandela,
proudly presided over the first news
conference held by the organization
in South Africa since it was banned
in 1960.
“Our determination has never
been weakened by our long years of
imprisonment,” Sisulu told scores of
reporters and hundreds of ANC fol
lowers who packed a church hall.
“We have been strengthened by the
developments in our country and
our own clear vision of the future.”
Some in the crowd wept as the
freed prisoners, raising clenched
fists, led their supporters in singing
“God Bless Africa,” the anthem of
the anti-apartheid movement.
Sisulu and six other ANC mem
bers were freed early Sunday. Also
freed was Jafta Masemola, 58, of the
Pan Africanist Congress, a smaller
guerrilla movement. All were freed
unconditionally, having refused pre
vious offers of freedom in exchange
for renouncing violence.
-ledgovenl
The releases are viewed as a tacit
acknowledgement by the govern
ment of the ANC’s influence and
popularity among South Africa’s
black majority. Even relatively con
servative black leaders have said they
will reject any negotiations with the
government unless the ANC is legal
ized and its jailed leaders freed.
Sisulu and his colleagues, seated
They said the ANC, the I
group fighting the white-I
merit, will continue its military!
paign and reject calls for negoi
tions until the government!
it, lifts the state of emergency,a
releases all political prisoners.
“If the government doesn’t i
our demands, we have noalternan,
but to continue to fight forourf
dom,” Andrew Mlangeni,63,sai(
Five of the ANC men,
Sisulu and Mlangeni, werearrestj
in 1963 and sentenced tolifepri
terms in 1964, along with M
for plotting anti-government
otage.
Fed bank ready to lay out cash
to avoid another "Black Monday’
WASHINGTON (AP) — The
Federal Reserve put out word Sun
day that it stands ready to flood the
banking system with money to pre
vent the second-biggest point drop
in the history of the stock market
from developing into something
The Fed commitment came as the
Bush administration continued its
own efforts to reassure investors
reeling from Friday’s 190-point
plunge in the Dow Jones industrial
average.
White House Budget Director
Richard Darman, who in recent
weeks has been critical of the Fed’s
handling of monetary policy, ex
pressed total confidence Sunday that
the central bank and other govern
ment officials will do all that is nec
essary to contain the market turmoil.
pling the entire country into a reces
sion.
While a Fed move to inject mas
sive amounts of cash into the bank
ing system cannot by itself push
stock prices higher, it does provide a
measure of confidence that the gov
ernment is prepared to counteract
the damaging effects to the economy
from a sudden loss of billions of dol
lars of wealth in stock prices.
The Fed’s action to supply cash on
a liberal basis to the banking system
serves to reassure nervous bankers
that they do not need to be panicked
into cutting off credit to brokerage
houses and securities firms suffering
heavy losses from a plunge ins
prices.
Brokerage firms, assured ofalis
of credit from their bankers, a
forced to sell off stocks as the pii
plunges simply to replenish thd
own dwindling supplies of
Such waves of forced stock salesa
have the unintended effect of dm
ing stock prices down even further.I
The Fed official said theU.S.o
tral bank had been in touch i«|
centr al banks in Japan and
and had received assurances froi
them that those officials stoodre|
to supply needed cash.
Darman said that Treasury Secre
tary Nicholas Brady, Federal Re
serve Chairman Alan Greenspan
and Richard Breeden, the new
chairman of the Securities and Ex
change Commission, were keeping
in close contact monitoring devel
opments.
“I am sure they will do what is
right, what is prudent, what is sensi
ble,” Darman said in an interview on
ABC’s “This Week with David
Brinkley.”
Meanwhile, a senior Fed official
said Sunday that the central bank in
tended to follow the example that
Greenspan set following the October
1987 market crash.
“We will be there with all the liq
uidity demand that is needed,” the
official said, who spoke on condition
that his name not be used. “If there
are any doubts about liquidity being
available, there is no reason to be
concerned.”
Liquidity refers to the ready avail
ability of cash.
The Greenspan-led effort two
years ago was widely credited with
keeping the 508-point plunge of Oc
tober 1987 from wrecking havoc on
the banking system and perhaps top-
Communist influences
will linger in Hungary
BUDAPEST, Hungary (AP) —
It only took a three-day meeting
for the Communists to scrap their
party, but it could take years to
remove the influence of more
than four decades of Communist
rule in Hungary.
The Communist Party, for
mally the Hungarian Socialist
Workers’ Party, was declared
dead at a historic congress a week
ago that gave birth to the Hun
garian Socialist Party.
Spurred by upcoming free
elections, the congress heeded re
formers’ calls for a party with
democratic aspirations that would
be more appealing to the electo
rate than a monolithic Marxist-
Leninist party. The elections are
due by June.
Reform has been in the wind in
Hungary for the past several
years, even before Mikhail S.
Gorbachev decreed changes in
the Soviet Union.
The most blatant Stalinist man
ifestations — personality cults,
workers’ brigades, a repressive se
cret police — were done away
with under the late Janos Kadar.
But real reform gathered stean:
only after Raster was retired last |
year after 32 years at the helm.
The collective leadership suc
ceeding Kadar decided liberaliza
tion was the only way to counter |
serious economic problems,
permitted political opposition lo I
flourish for the first time since
the Communists consolidated]
power in 1948, and it pledged)
permit the country’s first free na
tional elections in 41 years.
Such developments have]
placed Hungary on the varig
of democratization within the So]
viet bloc along with Poland, the]
first Warsaw' Pact country with!I
primarily noh-Communist
ernment.
The old party decided in Sep |
tember to begin dismantling iit
government chapters, and thtj
ministries of the interior, finance
and trade and commerce alreadv [
have been formally depoliticized
After more than four decade |
of rewritten history, there are
plans to write it again — this time
reflecting events independent of
Marxist coloration.
‘Presleynost’ reaches U.S.
Soviet artist gets exit visa to visit Graceland
BOSTON (AP) — “Presleynost” reached U.S. shores
Sunday when a Soviet Elvis fan stepped off an airplane
in blue suede shoes, clutching an exit visa issued solely
for a visit to Graceland, the Memphis, Tenn., home of
his hero.
Kolya Vasin, 44, an artist, sculptor and rock impresa
rio from Leningrad, said he’s been an Elvis fan since
hearing a bootleg copy of “Jailhouse Rock.” Visiting
Graceland will be the culmination of a 30-year dream,
he said.
“I listen to ‘Jailhouse Bock’ for the first time in 1958.
After this shocking moment, I love Elvis forever,” said
the long-haired, bearded Vasin, who wore bluejeans, a
Because his voice, his spirit is God to
me. All the good feelings of the human
race come out of Elvis.”
— Kolya Vasin,
Soviet Elvis fan
black Elvis T-shirt, a yellow scarf and a blackjacket.
Vasin arrived at Logan International Airport in Bos
ton with 79 Elvis fans from Great Britain. He spent a
week in London after leaving Oct. 7 on his first trip out
side the Soviet Union. The group was to leave for Mem
phis later Sunday.
Vasin said his obsession with Elvis is simple.
“Because his voice, his spirit is God to me,” he said.
“All the good feelings of the human race come out of
Elvis.”
He pointed to his shoes and said: “I got the shoes in
London. This is my dream on my feet. All my life I hear
‘Blue Suede Shoes’ and I dream about them.”
Vasin’s visit, called “Presleynost” in honor of “glas-
nost,” or policy of openness promulgated by Soviet
leader Mikhail Gorbachev, is being sponsored by Eld'I
Yours, a London-based Elvis fan club with a mailingtj
of 60,000, club president Sid Shaw said. Elvis h'J
raised the $3,500 for Vasin’s trip, he said.
Every year, Elvisly Yours pays for several
icapped children to accompany the group on a trip
Graceland. Shaw, who has been to Graceland 36t
said he decided to find a Soviet fan to sponsor.
In his quest, he found an expert on rock n’ rollnui'’
in the Soviet Union at the BBC who told him f
was the biggest Elvis fan in the country.
“He’s the Colonel Parker of the Soviet Union,''Sb'l
proclaimed. “He’s a living legend in the Soviet Union
Parker was Presley’s longtime manager.
Vasin said he had tried to get an exit visa for a I
with no luck. But when he was approached by Elvi' I
Yours, his luck changed. The club arrranged for ;: l
American Elvis club, Suspicious Minds, toextendam I
vitation to Vasin through Soviet authorities. As at
he was finally granted a visa.
During his 10-day visit in the United States, U
plans to visit Sun Records, Elvis’ first recording'
Memphis, and Elvis’ birthplace in Tupelo, Miss.
Vasin said he arranges about five rock concerts a
in the Soviet Union. He said he paints, writes
and sculpts, but his major interest is rock — andElviy
“All I want is to love rock and roll,” said Vasin,'’
carried with him a charcoal drawing he did of Elvis-
sit in my very small room and listen to rock ’ri roll" 1
my friends and drink vodka.”
Vasin said he bought all his Elvis records on theI
market. The first Elvis record was sold legally this vfi j
he said.
During his stopover in Boston, Vasin broke ini|
lusty rendition of Chuck Berry’s “Memphis,” sing®*!
‘Long distance information, get me Memphis, TeW^
Mor
ALC
AGC
in front of a large green, go]
black ANC flag, expressed
that Mandela remains in prison ;
said they would press forhisrelei.1
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