____• PnK On the Road Again Dean Thomas Keller and the Fuqua School of 1 Business are giving the Health Aclniinistration THE CHRONICLE J program a new home. See page 3. WEDNESDAY, DECEMBER 5, 1990 DUKE UNIVERSITY DURHAM, NORTH CAROLINA CIRCULATION: 15,000 VOL. 86, NO. 'Triangle Citizens for Peace' forms to lobby against war By HARRIET SHELLEY quarter are University faculty ings concerning the Persian Gulf "This particular war would be and ERIN SULLIVAN members, Barber said. crisis. The appeals ask Congress a disaster — no one can control A local group including several A smaller meeting of 17 mem­ to prohibit war in the Middle the consequences. It comes at a University faculty members has bers was held Tuesday after­ East and to stop the deployment time when the U.S. simply can't formed in objection to the United noon. "It was actually a planning of troops to that area. afford the war," Dunbar said. States' actions in Ihe Middle meeting," Dunbar said. The United States is not the "fThe cost of warl will be passed East. He declined to comment on threatened party in this crisis, on to future generations . The group, called Triangle Cit­ what the group accomplished, Dunbar said. Countries such as We're still paying for the Korean izens for Peace, was formed in but said "I think you will see a Japan depend heavily on the War." early November by James B. vigorous organization" emerging Middle East for oil, while the Duke professor of Political Sci­ in the next few weeks. U.S. gets oil principally from The group intends to inform ence James David Barber and The group was formed to Mexico, Venezuela, Canada and President George Bush that the Leslie Dunbar, a retired Emory protest the policy that is domestic supplies, Dunbar said. majority of Americans are not professor and author of the book, "creating a major risk of war" in necessarily behind him and to "Reclaiming Liberalism." the Middle East, Barber said. He does not support the ac­ provide him with options other The organization has held one The organization has sent ap­ tions of the Iraqis, but said the than war, said Carol Ayers, pres­ general meeting which was at­ peals to Sen. Terry Sanford and United Nations embargo against ident of the Durham Minister's tended by around 70 people, other members of Congress sit­ Iraq is a better world response Association and a member of Tri­ STAFF PHOTO/THE CHRONICLE Dunbar said. Approximately one ting on committees holding hear­ than war. angle Citizens for Peace. James David Barber Early applicant pool up 21 percent Admissions office sees overall ten percent rise By BLAIR BOARDMAN class in an effort to avoid similar The number of students apply­ mistakes. ing for early decision by the Uni­ As a result, fewer students will versity is up 21 percent from last be accepted this year, but more year. will be placed on a waiting list. The Undergraduate Admis­ "We will have to rely on taking sions Office has received 1,077 a lot from the waiting list this applications, compared to 890 year," Steele said. last year. Regular decision applications "We are very pleased about the are up this year as well. "We're increase," said Richard Steele, running ahead in general, and director of undergraduate admis­ applications might be up as sions. The number of early much as ten percent," Steele decision applications last year said. was down six percent from the "We're well ahead of last year previous year. at the same time." "We hope this sort of trend con­ The admissions office is ex­ tinues," Steele said. STAFF PHOTO/THE CHRONICLE pecting almost 13,000 applica­ The target size of next year's Richard Steele tions total this year, and has freshman class has not yet been The admissions office also received approximately 10,500 set by the provost, but Steele needs to have accurate proj­ already. predicts the number will be af­ ections for the spring semester "The quality of the applicants fected by a recent decision by the enrollment before it can decide looks very good this year," Steele Evans Committee, a group on the target number of fresh­ said. formed last year to study en­ men. The enrollment figures are One major reason for the in­ rollment, to raise class size from not yet available from the regis­ creased number of applications CUFF BURNS/THE CHRONICLE 5,700 students to 5,900. trar's office. this year may be the positive "The tentative target is some­ The admissions office has been publicity the University has had The Big Man Rolls into Town over the past year, both with dif- These lucky munchkins got a little bit of Christmas early at where between 1500 and 1550 researching the cause of this year's extremely large freshman See ADMISSIONS on page 5 • Tuesday's tree lighting. students," Steele said. NAS elects co-chairs, sets goals Navy orders shake-up From staff reports next semester include composing The executive committee of the a "very general, very brief state­ National Association of Scholars ment" outlining the local chap­ following Stealth delay named co-chairs and set goals for ter's goals and purpose, he said. By ERIC SCHMITT being developed and manufac­ the spring semester on Tuesday The group also plans to launch N.Y. Times News Service tured. afternoon. a series of discussions and WASHINGTON — The The new aircraft, the A-12 Kenny Williams, professor of programs to serve as a forum to Navy said Tuesday that it was Avenger, is a carrier-based English and George Christie, discuss the issues that have risen retiring a three-star admiral warplane with radar-evading James B. Duke professor of Law in response to the group's for­ and transferring two other se­ abilities that is being devel­ will co-chair the organization. mation. The organization sees nior officers for failing to in­ oped by the McDonnell They were selected by the other providing information as its form top Defense Department Douglas Corp. and the Gen­ nine members of the executive major function at this time, officials of extensive delays eral Dynamics Corp., both committee, said Lawrence Evans said. and cost overruns in the de­ based in St. Louis. The Navy Evans, the newly appointed pub­ The NAS is a national organi­ velopment of a new attack air­ plans to spend $57 billion to lic relations chair. zation devoted to maintaining a craft. buy 620 of the top-secret The organization plans to draw traditional curriculum. English The action is believed to be planes in replacing the aging up a set of bylaws by the end of professor Stanley Fish touched the firsts time that any of the A-6 Intruder. the year and hold official elec­ off a controversy this fall when military services has relieved Defense Secretary Dick tions for leadership positions at when he characterized the group the top managers of a major that time, Evans said. as "racist, sexist and STAFF PHOTO/THE CHRONICLE Cheney was embarrassed ear- weapons system as it was See Stealth on page 4 ^ The organization's goals for homophobic." Lawrence Evans PAGE 2 THE CHRONICLE WEDNESDAY, DECEMBER 5, 1990 World and National Newsfile Fed eases a reserve requirement to spur lending Associated Press JuSt Say no: President Bush on By DAVID ROSENBAUM unattractive to institutional investors at counts and certificates held by individuals N.Y. Times News Service make up the bulk of bank deposits, and Tuesday firmly rejected recommenda­ the end of the year, a circumstance that WASHINGTON — In an unusual step the reserve requirement on these, 12 per­ tions from former Pentagon chiefs to the board believes has led commercial in­ to improve bank profits and stimulate the cent in most instances, will remain unal­ give sanctions against Iraq at least a terest rates to be higher than warranted. economy, the Federal Reserve announced This is the first time the reserve rules tered. year to work before resorting to mili­ Tuesday that banks would no longer have tary force. have been changed since 1983. The rules The change in the reserve requirement to keep a portion of certain types of depos­ require banks, savings and loan institu­ makes $13 billion available for new len­ its in reserve in cash or interest-free ac­ tions and other depository institutions to ding, all but about $2 billion consisting of Miami heat: Merchants criticized counts. hold a portion of their deposits in cash or corporate certificates of deposit. Bankers police response as they angrily cleaned With the U.S. economy weakening, the in interest-free balances at regional Fed­ say that the bulk of this money is in the up Tuesday from a night of looting and move seemed to be a response by Alan eral Reserve Banks. nation's very largest banks, since that is fires triggered by the acquittal of six Greenspan, the Federal Reserve Board's The central bank said it was eliminat­ where corporations usually buy their cer­ police officers in the fatal beating of a chairman, to mounting pressure from the ing the 3 percent reserve requirement on tificates of deposit. Puerto Rican drug dealer. White House to do something to turn certificates of deposit held by corporations The change, effective later this month, around the flagging economy. If banks in­ with maturities of less than 18 months will increase bank profits by about $1 bil­ Trade efforts collapse: An am­ crease their lending, businesses and con­ and on the small amount of Eurocurrency lion a year, the bulk of it going to a rela­ bitious effort to overhaul the world sumers will have more money to invest liabilities, which are dollar-denOminated tively few large banks.