,,. SLF-Pag 6 VOL. XIV, NO. 98 an independent student newspaper serving notre dame and saint mary’s WEDNESDAY, MARCH 5, 198O In Stepan Center Mock Convention opens tonight entation, consideration, and a- will begin at 7 p.m. with the doption of the 1980 Republican exception of Saturday’s session Mock Convention Platform. which will start at 2 p.m. The 1980 Tomorrow night’s speakers in­ Convention will open tonight clude Cissy Baker”? daughter of when University President Fr. Senate Majorjty leader Howard Theodore Hesburgh delivers Baker, Illinois Congressman U.S. admits the invocation at 7 p.m. in Henry Hyde, former Gov. Har­ Stepan Center. old Stassen, and Dr. George Hesburgh will be followed to Crane. Hyde is the author of the speaker’s platform by Indi­ the controversial Hyde amend­ to foul-up ana Gov. Otis Bowen, who will ment which opposes govern­ deliver the welcoming address,^ ment abortion funding. He is a and former Secretary of the supporter of former California M Interior Walter J. Hickel, who Gov. Ronald Reagan for the will deliver the Mock Conven­ Republican presidential nomi­ on Israel vote tion’s keynote address. nation. Hickel, a former governor of Stassen is a signer of the Alaska, will also address the United Nations Charter, former WASHINGTON (AP) - Secre­ Notre Dame Law School at President of the University of tary of State Cyrus R. Vance 12:15 p.m. and hold a press Pennsylvania, and the only took responsibility yesterday conference at 2 p.m. at the Republican candidate who will for a “ foulup” in which the Morris Inn. Hickel is attending represent himself at the Mock United States voted for a U.N. the Mock Convention in con­ Convention. Crane is the father resolution critical of Israel’s junction with the presidential of Republican hopeful Sen. occupation of east Jerusalem. campaign of former Texas Gov­ Phillip Crane of Illinois. He is a The U.S. vote in favor of ernor John Connally. syndicated Indiana newspaper the resolution touched off a Besides tonight’s speakers, columnist. diplomatic and political furor reports of the Mock Conven­ Fr. Donald F. Shea, C.PP.S., and President Carter issued tion’s Rules and Credentials will address the Mock Conven­ a statement Monday night say­ Committees will be given. tion on Friday night. Fr. Shea ing the vote had bten an Former Alaska Governor Walter J. Hickel will address The convention will continue currently serves as the Republi­ error and was cast in the tonight’s Mock Republican Convention, as keynote speaker. tomorrow night with the pres­ can National Committee’s Dir­ mistaken belief that references ector of Liason for Ethnic and to Jerusalem had been deleted. Religious Groups and was form­ « State Department spokesman erly a professor of history at Hodding Carter said yesterday Saint Joseph’s College in Rens­ that Vance was taking respon­ Anderson wins selaer, IN.,for 30 years. sibility for the “foulup” and Shea will be followed Friday that President Carter’s instruc- BOSTON (AP) - Rep. John 29 percent. left the Republican field night by George Bush Jr. who ;ions on how to vote on the Anderson surged from the Re­ In Vermont, Anderson and without a clear leader. This will speak on behalf of his issue were not transmitted cor­ publican field to hold Ronald Reagan each had 31 percent, could make it easier for for­ father Ambassador George rectly to Donald McHenry, the Reagan and George Bush to and Bush was well back at mer President Gerald R. Ford Bush. Denise Anderson will U.S. Ambassador to the United startling standoffs last night 22 percent. to enter the competition be­ then speak on behalf of her Nations. in the Vermont and Massachu­ That left the candidates short latedly. father Illinois Congressman “The Secretary of State ac­ setts primaries. Sen. Edward of the 40 percent required Anderson’s support was bouy- John Anderson. cepts responsibility for the fail­ Kennedy gained a landslide vie to win any delegates there; ed by a hefty turnout of in­ Following these last two cam­ ure in communications,” tory at home iq Massachusetts, they will be chosen later at dependent voters in the Repub­ paign adresses the Mock Con­ spokesman Carter said. but President Carter swamped a state party convention. lican primaries in both states. vention will held nominations Following Satuday’s U.N. vote him in Vermont. The three GOP leaders were That won’t be available to him and begin ballotting for their the Israeli cabinet, meeting Anderson led by a handful to divide about equally most later in closed primaries where presidential nomination. in Jerusalem, formally rejected of votes as the Vermont vote of Massachusetts’ 42 Repub­ only registered Republicans can Saturday’s Mock Convention the Security Council resolution neared completion. He had lican delegates. vote. highlights will include an ad­ which called for dismantling led throughout most of the Reagan said he was not un­ Jody Powell, in Burlington, dress by ND graduate and all old and new Jewish set­ evening but Reagan earned happy to be in a three-way Vt., said Vermont Democrats California Congressman Daniel tlements in occupied Arab ter­ a spurt of late votes- from a tie in Massachusetts. provided Carter with his widest Lundgren and the balloting for ritory. The Israeli cabinet number of rural towns. Reagan and Bush, who had margin of the season, 3 to 1. the vice-presidential nominee. expressed dismay over the U.S. vote. Anderson remained narrowly struggled for the elusive man­ [continued on page 10] All convention proceedings will ahead in Massachusetts. tle of Republican frontrunner, be held in Stepan Center; and The resolution’s repeated ref­ The white-thatched congress­ erences to Jerusalem as occu­ man from Illinois was the big pied territory is particularly gainer in a two-primary day. A t a record 11.25% irritating to Israel. The city After campaigning as a lonely, was reunited during the Six- liberal outsider, he earned his Day war of 1967 and is now credentials as a contender tn Inflation signals prime rate increase the country’s capital. contests to come. In the “clarification” issued Kennedy was gaini ig 65 per­ NEW YORK (AP) - With business still lining Reserve launched its latest effort to tighten by the White House on Mon­ cent of Massachusett s Demo­ up to borrow money despite record-high interest credit as a way of fighting inflation. day, President Carter assured cratic vote. He told a Bos­ rates, major banks yesterday raised their prime Other industrial and commercial borrowers Israel that the vote “does ton victory rally that his vic­ lending rates to a record 17 1/4 percent. pay more than the prime rate, in some cases not represent a change in our tory proves the voters “ will The increase, begun by Chase Manhattan more than 20 percent. But the demand for loans position regarding the Israeli not tolerate an inflation rate Bank and matched by nearly every major bank, has grown in recent weeks, despite the high settlements in the occupied of 20 percent and an inter­ came in response to new signs the Federal rates. areas nor regarding the status of Jerusalem.” est rate of 17 percent.” They Reserve is determined to tighten credit. The prime rate does not directly affect rates According to Sate Department want, he said, the wage-price “The Federal Reserve is now telling us it is on consumer loans, but is widely watched as an spokesman Carter, before Mc­ freeze he advocates. aiming for a recession,” said William Gibson, an indicator of short-term interest rates. “We have faced adversity economist with the Wall Street firm of Smith Henry could vote for the re­ Barney, A arris Upham & Co. “It’s trying to do The surge in rates this week came after the solution the references to Je­ and disappointment” in the Federal Reserve acted to reduce the amount of challenge to Carter, he said, whatever it takes to slow down the economy.” rusalem were to have been “We’re on the brink of a credit crisis,” said reserves available to banks, and thereby reduce deleted. The instructions were but none so serious as the the amount of money available for lending. economic woes facing the A- another Wall Street economist, David Jones of “mistranslated,” he said. merican people. Hubrey G. Lanston & Co. “ It’s very likely the Among the banks that posted the 171/4 In Addition to infuriating the Anderson succeeded in vali­ cost of money will be prohibitive to a growing percent prime was San Francisco-based bank of Israelis, McHenry said at a dating his claim that the Re­ number of small and middle-sized companies.” America, the nation’s largest ranked by de­ news conference that the ad­ publican race has not narrowed Chase Manhattan, the third-largest bank in posits. Among the top 10 banks, only No. 2 ministration’s repudiation of its to a two-candidate affair be­ the nation, cited a “very strong” demand for Citibank, of New York, failed to join the move to vote was certain to anger the tween Reagan and Bush. business loans and rapidly rising interest rates it 171/4 percent. Citibank traditionally announces Arab world. With more than two-thirds pays to acquire funds as the reasons for the changes in its prime rate on Fridays. “The effect in the iArab of the Massachusetts precincts increase from 16 3/4 percent. Most Wall Street analysts think the prime rate world will not be loving,” counted, Anderson was gain­ The prime rate is charged by banks on loans to will keep rising, probably to 18 percent and McHenry said.