Friday, May 4,1990 & NATION Bush: ‘A new era in history’ :President calls for NATO summit ted 1 WASHINGTON (AP) —Presi dent Bush scrapped plans Thursday for newer and more powerful battle field nuclear weapons in Europe and apjled for a NATO summit to re- Hrite political and military strategy for “a new era in history.” ■ “As democracy comes to Eastern Europe and Soviet troops return i Borne, there is less need for nuclear systems of the shortest range,” Bush lid. His decision, canceling modern- ijtation of the Lance missile, nounted to a recognition of politi- realities both in Europe and in |ongress. ■ West Germany, where most of the pew weapons would be based, had fiercely opposed the deployment Hnce the warheads would be tar- geted on their countrymen in East Germany. B Congress, doubting that the new lissiles would ever be installed, had liked at Bush’s request for $112 lillion for modernization. Bush made his announcement at a wide-ranging news conference dur- Big which he also said “1 sometimes do worry” that military hardliners in the Soviet Union might oust Presi dent Mikhail S. Gorbachev and try to reverse democratic reforms in East ern Europe. It was Bush’s most direct statement ever about Gorbachev’s grip on power. Bush said Gorbachev is under “extraordinary pressure” at home from Barbara Bush” anyway. Bush welcomed statements from Lithuanian President Vytautis Land- sbergis indicating a willingness to compromise with the Soviets. “I think that is very, very positive and- let’s hope it goes forward,” Bush said. Later, he met with Lithuanian it As democracy comes to Eastern Europe and Soviet troops return home, there is less need for nuclear systems of the shortest range,” —President Bush because of unrest over Lithuania’s drive for independence and the ail ing Soviet economy. In a lighter moment. Bush de fended his wife Barbara against complaints by Wellesley College stu dents who oppose her as their grad uation speaker. He said the students may be right in saying her recognition comes from his success, but declared “these young women can have a lot to learn Prime Minister Kazimiera Pru- nskiene at the White House. On other subjects: — Responding to questions about the freeing of two American hos tages in Lebanon, Bush said the United States could not claim credit for their release. “There were no behind-the- scenes negotiations that will come out that show that we pulled this off,” said Bush, who previously has applauded Syria and Iran for their roles. The president said he would be willing to make any gesture of ap preciation to Iran that would not be viewed as negotiating for the release of hostages. — Bush announced he had in vited top congressional leaders to a meeting Sunday in an effort to “move forward” the budget process. The full House and the Senate Bud get Committee have passed Demo cratic budget versions that cut de fense spending far more than Bush sought. “I’m not going to sit here and do nothing,” Bush said. But he added, “We’re not into a negotiation. We’re talking process.” — He said he was not trying to oust the man who oversees the na tion’s beleaguered savings and loan industry, L. William Seidman, chief of the Federal Deposit Insurance Corp. Bush also said he was canceling further modernization of U.S. nu clear artillery shells in Europe. Leader praises students BEIJING (AP) — Communist Party chief Jiang Zemin gave a qualified vote of confidence Thursday to the loyalty of China’s students at a rally commemorat ing the country’s first student protests in 1919. “Young intellectuals as a whole are good and can be trusted,” he told 3,000 youths invited to hear him in the Great Hall of the Peo ple. But much of his speech, in tended to honor the student pro testers of May 4, 1919, con demned students who protested last year with the same demands for democracy. “They bound themselves with foreign hostile forces and con ducted activities harmful to the motherland,” the official Xinhua News Agency quoted Jiang as say ing. “They lost all sense of na tional dignity and personal dig nity. What qualifications do they have to talk about patriotism, de mocracy and human rights?” The May 4, 1919 protest by a few thousand college students at Tiananmen Gate in Beijing is one of the major events in modern Chinese history. The protesters’ demands for democracy and modernization sparked an intel lectual movement that helped produce the Communist revolu tion. The movement also inspired later generations of students to political activism, including last year’s protesters. “May 4th!” was a rallying cry of the tens of thou sands of students who marched through Beijing streets last April and May to the same spot as in 1919 — Tiananmen. Jiang praised the 1919 movement as a “great anti-impe rialism and anti-feudalism movement as well as a mind opening and new cultural movement in pursuit of democ racy and science.” But he said patriotism in the 1990s should be expressed through “devotion to building and safeguarding the cause of so cialist modernization.” -J let Oilman warns of Japanese practices House issues technology study mraafe commission will investigate price-fixing —J WASHINGTON (AP) — A collusive business prac- m Ice has kept U.S. businesses out of Japan for years and Bay hurt even more as Japanese firms grow in the ■nited States, oilman investor T. Boone Pickens told a Bouse panel Thursday. Pic kens, the largest shareholder in the Japanese auto arts manufacturer Koito Corp., said alliances between lajor manufacturers and their suppliers in Japan keep mpetitors out and raise consumer prices. “American auto suppliers are ^at a disadvantage,” ickens told the subcommittee on economic and com- percial law of the House Judiciary Committee. “The Japanese utilize a system which was long ago smantled in the United States,” Pickens said, likening le practice to the trusts of the robber barons nearly a ce ntury ago. I The Federal Trade Commission plans to investigate file potential impact of such alliances as more Japanese firms expand to the United States, FTC chairman Janet Steiger told the panel. Each company in the alliance, known as keiretsu, owns a piece of the other member companies, and places the interests of the principal member first. Pickens warned keiretsus have the potential to violate U.S. antitrust regulations prohibiting group boycotts and predatory pricing. He cited Koito’s relationship as Toyota’s primary supplier of auto lights as a perfect example of the sys tem. “Toyota, as the keiretsu parent, virtually dictates the pricing policies of Koito,” said Pickens, who owns 26 percent of Koito but has been repeatedly denied a seat on its board of directors. A Koito spokesman in the United States called Pick ens’ allegations “baseless.” “His testimony was just another part of his cynical ef fort to ensnare the U.S. government in the greenmail scheme he is conducting against Koito,” the spokesman said. WASHINGTON (AP) — The United States could lose its lead ership role in superconductivity re search because U.S. companies are investing less in the technology than those in other countries, according to a congressional study issued Thursday. The Office of Technology Assess ment used high-temperature super conductivity, discovered in the United States in 1986, as a test of the nation’s ability to sustain a long-term research and development effort, said study director Gregory Eyring. “We have had a large government investment,” Eyring said of super conductivity research. “But if you look at the industry side, the situa tion isn’t as encouraging. “The primary interest is whether we’re ahead of the Japanese,” he said. Physicist Paul Chu, who discov ered high-temperature supercon ductivity, said he agreed to a certain extent with the study’s conclusions. “U.S. industry’s involvement is certainly not as great as that in Ja pan,” Chu said. “We’d like to see more.” The U.S. government spent $130 million on superconductivity re search in 1989 while Japan spent less than $70 million, the study said. But Japanese companies in late 1988 and early 1989 invested about $107 mil- liion in such research compared to about $73 million by U.S. firms, it said. Cooperative research programs among European countries are also expected to challenge U.S. domi nance in the field, the study said. “The OTA report confirms my old fear that, despite our break through discoveries ... U.S. compa nies may not be doing enough to re main competitive in this new technology,” said Sen. Lloyd Bent- sen, D-Texas, a member of one of the four congressional committees that asked for the study. Rep. Bob Torricelli, D-N.J., said high-temperature superconductivity could join videotape recorders and other electronic innovations that were developed first in the United States but capitalized on by Japan. :e I ■ XES ES WES 4:00 am IES DR LL Fall e 69 No Matter What Career Path Yxi Follow; Chase Can Help Y )u On The Road Tb ; Success. ■" * •* * Preparing for your life’s career is a big step. 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