Finance Club Sponsors Business Lectures

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Finance Club Sponsors Business Lectures , , , South Africa - page 3 J l VOL. XVI, NO. 62 an indt"pendent student newspaper serving notre dame and saint mary's THURSDAY, NOVEMBER 19, 1981 Russians assail new Reagan proposal WASHINGTON (AP)- President the nuclear halance." Reagan, in his major foreign policy Cancelling deployment of 5 72 speech, challegcd the Soviet Union new cruise and Pershing II missiles yesterday to take "a giant step for in Europe and a dismantling of the mankind" by joining the United Soviet SS-20. SS-4 :mrl SS-"i missiles States in a sweeping reduction of would eliminate intermediate range nuclear and conventional arms in nuclear forces in Europe. Europe and around the world. But It would leave the United States the Soviets immediately denounced with its current 6,000 short-range the proposal. nuclear warheads in Europe, which In a speech televised livt· to can barely reach the western edge of Europe and the United States, the Soviet Union. Reagan said he Is prepared to caned The Reagan proposal will be deployment of Pershing II and presented formally in Geneva on ground-launched cruise missiles to Nov. 30, the start of talks on limiting NATO forces if the Soviets dismantle theater nuclear weapons. their 55-20, SS-4 and SS-5 missiles. Reagan said the United States has "This would be an historic step," prepared carefully for resumptions Reagan said. "With Soviet agree­ of strategic arms negotiations ment, we could substantially reduce "because we do not want a repetiti­ the dread threat of nuclear war tion of past disappointments ... which hangs over the peopk of that sends hopes soaring only to end Europe. in dashed expectations." "This, like the first footstep on the He said he ha.~ told Brezhnev that moon, would be a giant stt·p for the cuts he seeks should result in Treasury Secretary Donald Regan raises his fist ing, left, at Peking's Great Hall of People during mankind." levels "that are equal and verifiable" to show that be is in good shape at a recent the second annual meeting of Sino-U.S. joint Reagan asked the Soviets to pull and that "our approach to verifica­ meeting with China's Vice Premier Deng Xiaop- economic committee. ( AP Photo) ba<:k some of their conventional tion will be to emphasize openness forces, saying there could he "no and creativity, rather than the more convincing contribution to secrecy and suspicion which have In Europe peace in Europe and in the world." undermined confidence in arms And, finally, he renewed a control in the past." proposal for a conference - and an Secretary of State Alexander M. U.S. asks for nuclear reduction invitation for the Soviets to join it - Haig, Jr. is to meet in Geneva on Jan. to rt>duce tht· risks of"chance of war 26 and 27 with Soviet Foreign Minis­ MOSCOW (AP)- The Soviet Uni­ the U.S. president was only favor and would amount to "the arising out of uncertainty or miscal­ ter Andrei Gromyko to discuss the on accused President Reagan of "pretending" to renounce deploy­ Soviet Union's unilateral disarma- trying to achieve U.S. milit .. ;y super­ ment of new U.S. nuclear missiles, in culation." beginning of the talks. ment," the official N(WOsti news Tht· prt~sident promised that "no iority "through the back door" with order to influence European public The president made no mention agency said. NATO weapons, conventional or his proposal yesterday to reduce U.S. opinion. of any pre-conditions for the The Novosti commentary was a nuclear. will ever be used in Europe and Soviet nuclear missiles in "He cited completely fantastic negotiations, although he previously reiteration of Soviet President exet·pt in response to attack." But he has said he would not meet with Europe. data about the balance of forces on Leonid I. Brezhnev's previous rejec­ Denouncing Reagan's speech in an order of six-to-one, in spite of ir­ said "the momt·ntum of the continu­ Brezhnev or conduct arms talks un­ tion of such a U.S. negotiating posi­ Washington as "propagandistic," the refutable facts which confirm the Ing Soviet military build-up less the Soviets stop arming insur­ tion. threatens hoth the conventional and gents in El Salvador. official Tass news agency claimed existence in Europe of approximate balance on these arms between The North Atlantic alliance NATO and the U.S.S.R.," asserted the decided in December 1979 to begin Tass report, read on Soviet tdevi­ deploying the so-called "theater Allen/magazine deal si!m's main evening news program. nuclear forces" in 1983 to counter Reagan offered to retreat from a the Soviet weapons. NATO decision to station 592 Persh­ The prospect of additional Yat'n of yen: Japanese tell stoty ing II and cruise missiles in Western nuclear weapons on the continent Europe if Moscow agrees to pull stirred growing prott·st demonstra­ By RICHARD BILL handmade letter box. The newpaper said the first lady back its own SS-20s and other tions by disarmament advocates in Associated Press sent two thank-you letters, written on White House medium-range missiles, already sta­ West Germany and elsewhere in stationary, for the gift to the reporters who conducted tioned in Western Russia and aimed Europe in recent weeks. Comments TOKYO - japanese editors and publishers are the interview. at Western Europe. by Reagan about the possibility '1f surprised at the uproar created by reports that Presi­ The value of the box was not disclosed in the Asabi Soviet and American negotiators confining a nuclear conflict to dent Reagan's national security adviser accepted a article. U.S. officials are prohibited from keeping gifts to sit down in Geneva, Switzerland, Europe heightened the opposition. $1,000 honorarium from a japanese women's magazine valued at more than S I 00. The penalty for violating that Nov . .30 to discuss limiting theater Reagan's proposal, coming less for helping to arrange an interview with Nancy Reagan. law, enacted in 1977, is a fine of up to S l 0,000. llllclcar forces. than a week before Brezhncv visits It's a "customary practice" in Japan, said one editor, Speakes identified the gift as a black lacquered Earlier yesterday, before Reagan's West Germany, may put the United although most journalists arc wary of offering money to stationary box with a hand-painted design. He said that address, the Kremlin rejected this States in a less defensive position public officials. a Washington gallery that specializes in in Asian art has idea in advance. politically as the negotiations begin. "The practice of paying for interviews to celebrities valued it at S75. Such a move would tilt tht· is prevalent in Japan - it's just like paying someone See U.S., page 4 Kawamura said popular magazines like Sbufu-no­ European balance in the West's who has contributed articles for publication," said Kinjl Tomo, which claims a circulation of ';00,000, rarely Kawamurd. --------------------------~\ have extensive business contacts or large editorial managing direc­ staffs. "So the only way they can get scoop interviews is tor of the Foreign to offer large sums of money," he said. Finance club sponsors Press Center. an Mitsuru Ando, editor of Bungei Sbunju, a monthly organization literary magazin.: with 700,000 readers, said, "We al- funded by the ways pay money or give gifts to interviewees. Payme business lectures governmt·nt to range from 10,000 yen ( S45) to millions of yen, help foreign journalists. depending on news value and the time it takes to set it By TOM SHAUGHNESSY choose" their financial endeavors But Kawamura, who formerly headed the Wa.~hing­ up." News Staff and the variety of profit-yielding ton hurcau of the mass-circulation newspaper Asabi, Ando said ! 1,000 for Mrs. Reagan's interview was ventures in which they deal. For the said such payments arc made to the person inter­ "probably the proper amount." But he added: "I won­ Jonathan Lindley, the executive future, Lindley projected that viewed, not to intermediaries or people in office. der why the party in Washington didn't straighten it out vice president of the National savings and loans will have to "That is totally unacceptable," he declared. (the matter of who received the money) beforehand, Savings and Loan League, spoke at become multi-service firms. White House spokesman Larry Speakes said last week since they knew they couldn't accept it." the Center for Continuing Educa­ The Savings and Loan League is a the money wa.o; discovered in mid-September, eight Tsunco Takahashi. former editor of joset }isbin, a tion last night in the second of three national trade organization which months after the interview, in a safe belonging to women's weekly, said that publication "usually gives lectures sponsored by the Finance represents nearly 300 savings and Reagan adviser Richard V. Allen. gifts to public figures instead of money when we inter­ Club. loan associations, concentrated While denying any impropriety. Allen acknowledged view them. In the case of private citizens, we usually primarily in the Sun Belt. receiving the money from the magazine Sbufu-no­ give money." Lindley addressed pertinent Lindley is a graduate of George Tomo (Housewives' Friend), which interviewed Mrs. Takahao;hi, who now edits another publication for the issues in the field of finance, among Washington University, and he com­ Reagan in Washington on Jan. 21, the day after her hus­ same company, said his magazine would not have done them housing mortgages and the pleted graduate work in economic band was inaugurated. Allen said he forgot about the whatSbufu-no-Tomo did.
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